513397 Declares Audited Q4/FY26 Results with Qualified Opinion

513397 (Vallabh Steels Limited) declared its audited standalone financial results for the quarter and year ended March 31, 2026. The Board of Directors approved these results at a meeting held on May 28, 2026. The filing includes the financial statements, statement of assets and liabilities, and the Auditors’ Report. The auditors, KR Aggarwal & Associates, issued a qualified opinion on the financial results. The qualifications are primarily due to the company not making provisions for certain trade receivables as per IND AS-109 and the auditors' inability to comment on the valuation, ageing, obsolescence, and impairment of inventory due to a lack of appropriate stock records. The company also updated its Policy for determination of materiality of events or information. No default on loans and debt securities was reported for the quarter.