Quarterly Result1 Jun 2026, 08:13 pm
Vaxfab Enterprises: Standalone & Consolidated Results for FY26
AI Summary
Vaxfab Enterprises Ltd's Board approved audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. The auditor, M/S Chandabhoy & Jassoobhoy, issued an audit report with a disclaimer of opinion due to inadequacies in prior period records and other issues. The auditor was unable to obtain sufficient appropriate audit evidence regarding the completeness, accuracy, and recoverability of related balances and transactions.
Key Highlights
- Vaxfab Enterprises approved FY26 audited standalone and consolidated financial results.
- Auditor issued a disclaimer of opinion on the standalone financial results.
- Inadequate maintenance of prior period records cited as a reason for disclaimer.
- Unsecured loans granted and received without formal loan agreements.
- Company did not maintain records to identify creditors under MSMED Act.
Price Impact
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