Vishvprabha Ventures Board Approves Q1 FY27 Unaudited Results, ₹4 Cr Loan Conversion

Vishvprabha Ventures Ltd's Board of Directors met on August 14, 2026, to approve the unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. The board also approved a proposal to convert unsecured loans up to ₹4,00,00,000 into equity shares or convertible securities via preferential allotment or private placement, subject to member and regulatory approvals. The financial results, reviewed by statutory auditors, indicated a net loss for the quarter. The auditor's report highlighted several qualifications and matters of emphasis, including issues with expense documentation, GST input tax credit, non-compliance with Section 43B(h) of the Income Tax Act, and unrecognised gratuity liability. The company also has pending statutory dues and has not filed GST returns since April 2026.