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Quarterly Result29 May 2026, 03:52 am

Valencia Nutrition Board approves FY26 results; re-appoints internal auditor

AI Summary

Valencia Nutrition's Board of Directors met on May 28, 2026, to approve the Audited Standalone and Consolidated Financial Results for the half-year and financial year ended March 31, 2026. The Board also re-appointed M/s. SPDS & Associates LLP as the Internal Auditor for a three-year term, effective from FY 2025-26 to FY 2028-29. Additionally, the Board reviewed and addressed a notice of non-compliance from the Exchange, confirming rectifications and payment of penalties, and directed management to strengthen internal compliance mechanisms. The statutory auditors issued an unmodified opinion on the financial results.

Key Highlights

  • Board approved Audited Standalone & Consolidated FY26 Financial Results.
  • M/s. SPDS & Associates LLP re-appointed as Internal Auditor for 3 years.
  • Statutory Auditor issued unmodified opinion on FY26 financial results.
  • Board reviewed and rectified past non-compliance issues with Exchange.
  • Management instructed to strengthen internal compliance tracking mechanisms.