Auditor12 Oct 2026, 07:20 pm
Triveni Power Transmission Ltd: Interim Consolidated Financial Statements Audit Report
AI Summary
This report details the audit of Triveni Power Transmission Limited's interim condensed consolidated financial statements for the quarter ending June 30, 2026. The auditors, SS Kothari Mehta & Co, have issued an unqualified opinion, stating the financial statements provide a true and fair view in accordance with Indian Accounting Standard 34. A key point highlighted is the Composite Scheme of Arrangement, effective May 19, 2026, involving the demerger of the Power Transmission Business undertaking into Triveni Power Transmission Ltd, accounted for using the Pooling of Interest method. Comparative figures have been restated.
Key Highlights
- Audit of interim condensed consolidated financial statements for Q1 FY27 completed.
- Auditors issued an unqualified opinion on the financial statements.
- Scheme of Arrangement involving demerger of Power Transmission Business is effective.
- Demerger accounted for using the Pooling of Interest method.
- Comparative figures have been restated due to the demerger.
Price Impact
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