Board Meeting14 Aug 2026, 07:41 pm
Union Quality Plastics Board Approves Un-audited Q1 FY27 Results
AI Summary
Union Quality Plastics Ltd announced that its Board of Directors, in a meeting held on August 14, 2026, approved the un-audited financial results for the quarter ended June 30, 2026. The meeting also reviewed the Limited Review Report for the same period. Additionally, the board accepted the resignation of the Company Secretary cum Compliance Officer. The company's auditor, Sagar & Associates, issued a limited review report highlighting concerns regarding the recoverability of sundry debtors and the valuation of slow-moving inventory.
Key Highlights
- Board approved un-audited financial results for Q1 FY27.
- Limited Review Report for the quarter was also approved.
- Resignation of Company Secretary cum Compliance Officer accepted.
- Auditor raised concerns on debtor recoverability and inventory valuation.
- No specific financial figures like revenue or profit were disclosed in the filing.
Price Impact
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