Board Meeting11 Jul 2026, 01:00 pm
Vikas EcoTech Board Approves Audited Financial Results for FY26
AI Summary
Vikas EcoTech Ltd announced that its Board of Directors, in a meeting held on July 1, 2026, approved the standalone and consolidated audited financial results for the quarter and financial year ended March 31, 2026. The company submitted these results along with the auditor's reports. The auditor issued a qualified opinion, citing issues related to delays in statutory dues deposit, material related party transactions without prior shareholder approval, and uncertainty regarding the recoverability of a ₹18.50 crore loan.
Key Highlights
- Board approved audited financial results for FY26.
- Results cover standalone and consolidated financials.
- Auditor issued a qualified opinion.
- Concerns raised over statutory dues and related party transactions.
- Recoverability of a ₹18.50 crore loan is uncertain.
Price Impact
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