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Quarterly Result29 May 2026, 02:25 am

Valencia Nutrition approves FY26 results; re-appoints internal auditor

AI Summary

Valencia Nutrition Limited's Board of Directors, in a meeting held on May 28, 2026, approved the Audited Standalone and Consolidated Financial Results for the half-year and financial year ended March 31, 2026. The Statutory Auditor issued an unmodified opinion on these results. The Board also re-appointed M/s. SPDS & Associates LLP as the Internal Auditor for a three-year tenure, effective from the conclusion of FY 2025-26 to the end of FY 2028-29. Additionally, the Board addressed a notice of non-compliance, confirming that necessary rectifications have been completed and penalties paid, and directed management to strengthen internal compliance tracking mechanisms.

Key Highlights

  • Board approved Audited Standalone and Consolidated Financial Results for FY26.
  • Statutory Auditor issued an unmodified opinion on the financial results.
  • M/s. SPDS & Associates LLP re-appointed as Internal Auditor for 3 years.
  • Board addressed non-compliance, confirming rectifications and penalty payment.
  • Management instructed to strengthen internal compliance mechanisms.