Megh Mayur Infra Board Approves Q4 & FY26 Audited Financial Results
Megh Mayur Infra Limited's Board of Directors approved the Audited Financial Results for the quarter and financial year ended March 31, 2026, at its meeting on May 28, 2026. The Statutory Auditor, M/s. HTKS & Co., issued an unmodified opinion on these results. However, the auditor included an "Emphasis of Matter" regarding the company's investment in Padmini Technologies Limited, which is recognized at cost instead of fair value as required by Ind AS 109, due to a lack of information from Padmini Technologies Limited. The auditor stated they could not comment on the financial impact of this non-compliance, but their overall audit opinion remains unmodified. No key audit matters were observed requiring separate reporting.
Key Highlights
- Board approved Audited Financial Results for Q4 and FY ended March 31, 2026.
- Statutory Auditor issued an unmodified opinion on the financial results.
- Auditor highlighted an investment in Padmini Technologies not valued at fair value.
- Lack of fair value data for the investment prevented impact assessment.
- No key audit matters were identified for separate reporting.
Price Impact
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