
Board Meeting29 May 2026, 01:25 am
Valencia Nutrition Board approves FY26 results, appoints internal auditor
AI Summary
Valencia Nutrition Limited's Board of Directors met on May 28, 2026, approving the Audited Standalone and Consolidated Financial Results for the half-year and financial year ended March 31, 2026. The Board also approved the re-appointment of M/s. SPDS & Associates LLP as the Internal Auditor for a three-year tenure, effective from the conclusion of FY 2025-26. The Statutory Auditor issued an unmodified opinion on the financial results. Additionally, the Board addressed a non-compliance notice from the Exchange, confirming that necessary rectifications have been completed and penalties paid, while directing management to enhance internal compliance mechanisms.
Key Highlights
- Board approved audited FY26 standalone and consolidated financial results.
- M/s. SPDS & Associates LLP re-appointed as Internal Auditor for three years.
- Statutory Auditor issued unmodified opinion on FY26 financial results.
- Board reviewed non-compliance notice, confirmed rectifications and penalty payment.
- Management instructed to strengthen internal compliance tracking mechanisms.
Price Impact
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