| Scrip Code | 519494 |
|---|---|
| NSE Symbol | NKIND |
| MSEI Symbol | NOTLISTED |
| ISIN | INE542C01019 |
| Name of company | NK Industries Limited |
| Type of company | Main Board |
| Class of security | Equity |
| Date of start of financial year | 01-04-2025 |
| Date of end of financial year | 31-03-2026 |
| Date of board meeting when results were approved | 27-05-2026 |
| Date on which prior intimation of the meeting for considering financial results was informed to the exchange | 21-05-2026 |
| Description of presentation currency | INR |
| Level of rounding used in financial results | Lakhs |
| Reporting Type | Quarterly |
| Reporting Quarter | Fourth quarter |
| Nature of report standalone or consolidated | Consolidated |
| Whether results are audited or unaudited for the quarter ended | Audited |
| Whether results are audited or unaudited for the Year to date for current period ended/year ended | Audited |
| Segment Reporting | Single segment |
| Description of single segment | Non edible Oil Industries |
| Start date and time of board meeting | 27-05-2026 15:30:00 |
| End date and time of board meeting | 27-05-2026 19:00:00 |
| Whether cash flow statement is applicable on company | Yes |
| Type of cash flow statement | Cash Flow Indirect |
| Declaration of unmodified opinion or statement on impact of audit qualification | Statement on impact of audit qualification |
| Particulars | 3 months/ 6 months ended (dd-mm-yyyy) | Year to date figures for current period ended (dd-mm-yyyy) | |
|---|---|---|---|
| A | Date of start of reporting period | 01-01-2026 | 01-04-2025 |
| B | Date of end of reporting period | 31-03-2026 | 31-03-2026 |
| C | Whether results are audited or unaudited | Audited | Audited |
| D | Nature of report standalone or consolidated | Consolidated | Consolidated |
| 1 | Income | ||
| Revenue from operations | 264.55 | 1,244.89 | |
| Other income | 11.53 | 52.07 | |
| Total income | 276.08 | 1,296.96 | |
| 2 | Expenses | ||
| (a) | Cost of materials consumed | 0.00 | 0.00 |
| (b) | Purchases of stock-in-trade | 0.00 | 0.00 |
| (c) | Changes in inventories of finished goods, work-in-progress and stock-in-trade | 0.00 | 0.00 |
| (d) | Employee benefit expense | 14.75 | 257.29 |
| (e) | Finance costs | 0.23 | 4.09 |
| (f) | Depreciation, depletion and amortisation expense | 56.69 | 245.66 |
| (f) | Other Expenses | ||
| 1 | Other | 214.43 | 1,155.43 |
| Total other expenses | 214.43 | 1,155.43 | |
| Total expenses | 286.10 | 1,662.47 | |
| 3 | Total profit before exceptional items and tax | (10.02) | (365.51) |
| 4 | Exceptional items | 0.00 | 0.00 |
| 5 | Total profit before tax | (10.02) | (365.51) |
| 6 | Tax expense | ||
| 7 | Current tax | 1.18 | 1.18 |
| 8 | Deferred tax | (1.86) | (4.38) |
| 9 | Total tax expenses | (0.68) | (3.20) |
| 10 | Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement | 0.00 | 0.00 |
| 11 | Net Profit Loss for the period from continuing operations | (9.34) | (362.31) |
| 12 | Profit (loss) from discontinued operations before tax | 0.00 | 0.00 |
| 13 | Tax expense of discontinued operations | 0.00 | 0.00 |
| 14 | Net profit (loss) from discontinued operation after tax | 0.00 | 0.00 |
| 15 | Share of profit (loss) of associates and joint ventures accounted for using equity method | 0.00 | 0.00 |
| 16 | Total profit (loss) for period | (9.34) | (362.31) |
| 17 | Other comprehensive income net of taxes | (25.54) | 3.45 |
| 18 | Total Comprehensive Income for the period | (34.88) | (358.86) |
| 19 | Total profit or loss, attributable to | ||
| Profit or loss, attributable to owners of parent | 0.00 | 0.00 | |
| Total profit or loss, attributable to non-controlling interests | 0.00 | 0.00 | |
| 20 | Total Comprehensive income for the period attributable to | ||
| Comprehensive income for the period attributable to owners of parent | 0.00 | 0.00 | |
| Total comprehensive income for the period attributable to owners of parent non-controlling interests | 0.00 | 0.00 | |
| 21 | Details of equity share capital | ||
| Paid-up equity share capital | 600.99 | 600.99 | |
| Face value of equity share capital | 10 | 10 | |
| 27 | Details of debt securities | ||
| 22 | Reserves excluding revaluation reserve | 0.00 | |
| 23 | Earnings per share | ||
| i | Earnings per equity share for continuing operations | ||
| Basic earnings (loss) per share from continuing operations | -0.16 | -6.03 | |
| Diluted earnings (loss) per share from continuing operations | -0.16 | -6.03 | |
| ii | Earnings per equity share for discontinued operations | ||
| Basic earnings (loss) per share from discontinued operations | -0.16 | -6.03 | |
| Diluted earnings (loss) per share from discontinued operations | -0.16 | -6.03 | |
| ii | Earnings per equity share | ||
| Basic earnings (loss) per share from continuing and discontinued operations | -0.32 | -12.06 | |
| Diluted earnings (loss) per share from continuing and discontinued operations | -0.32 | -12.06 | |
| 24 | Debt equity ratio | ||
| 25 | Debt service coverage ratio | ||
| 26 | Interest service coverage ratio | ||
| 27 | Disclosure of notes on financial results | ||
| Debt equity ratio | |
|---|---|
| Debt service coverage ratio | |
| Interest service coverage ratio |
| Particulars | Year ended (dd-mm-yyyy) | |
|---|---|---|
| Date of start of reporting period | 01-04-2025 | |
| Date of end of reporting period | 31-03-2026 | |
| Whether results are audited or unaudited | Audited | |
| Nature of report standalone or consolidated | Consolidated | |
| Assets | ||
| 1 | Non-current assets | |
| Property, plant and equipment | 11,265.55 | |
| Capital work-in-progress | 697.62 | |
| Investment property | 0.00 | |
| Goodwill | 8,236.24 | |
| Other intangible assets | 0.32 | |
| Intangible assets under development | 0.00 | |
| Biological assets other than bearer plants | 0.00 | |
| Investments accounted for using equity method | 0.00 | |
| Non-current financial assets | ||
| Non-current investments | 16.17 | |
| Trade receivables, non-current | 1,59,691.16 | |
| Loans, non-current | 25.79 | |
| Other non-current financial assets | ||
| 1 | Rights to use Asstes | 104.02 |
| 2 | Other | 702.99 |
| Total of other non-current financial assets | 807.01 | |
| Total non-current financial assets | 1,60,540.13 | |
| Deferred tax assets (net) | 2,420.49 | |
| Other non-current assets | ||
| 1 | Other non-current assets | 3,050.16 |
| Total of other non-current assets | 3,050.16 | |
| Total non-current assets | 1,86,210.51 | |
| 2 | Current assets | |
| Inventories | 194.92 | |
| Current financial asset | ||
| Current investments | 0.00 | |
| Trade receivables, current | 2,365.18 | |
| Cash and cash equivalents | 81.37 | |
| Bank balance other than cash and cash equivalents | 0.00 | |
| Loans, current | 22.47 | |
| Other current financial assets | ||
| Total of other current financial assets | 150.16 | |
| Total current financial assets | 2,619.18 | |
| Current tax assets (net) | 16.58 | |
| Other current assets | ||
| 1 | Other current assets | 20.47 |
| Total of other current assets | 20.47 | |
| Total current assets | 2,851.15 | |
| 3 | Non-current assets classified as held for sale | 0.00 |
| 4 | Regulatory deferral account debit balances and related deferred tax Assets | 0.00 |
| Total assets | 1,89,061.66 | |
| Equity and liabilities | ||
| 1 | Equity | |
| Equity attributable to owners of parent | ||
| Equity share capital | 600.99 | |
| Other equity | (35,763.86) | |
| Total equity attributable to owners of parent | (35,162.87) | |
| Non controlling interest | 0.00 | |
| Total equity | (35,162.87) | |
| 2 | Liabilities | |
| Non-current liabilities | ||
| Non-current financial liabilities | ||
| Borrowings, non-current | 0.00 | |
| Trade payables, non-current | ||
| (A) Total outstanding dues of micro enterprises and small enterprises | 8.96 | |
| (B) Total outstanding dues of creditors other than micro enterprises and small enterprises | 2,23,264.60 | |
| Total Trade payable | 2,23,273.56 | |
| Other non-current financial liabilities | ||
| 1 | Lease Liability | 98.46 |
| Total of other non-current financial liabilities | 98.46 | |
| Total non-current financial liabilities | 2,23,372.02 | |
| Provisions, non-current | 422.68 | |
| Deferred tax liabilities (net) | 0.00 | |
| Deferred government grants, Non-current | 0.00 | |
| Other non-current liabilities | ||
| Total of other non-current liabilities | ||
| Total non-current liabilities | 2,23,794.70 | |
| Current liabilities | ||
| Current financial liabilities | ||
| Borrowings, current | 0.00 | |
| Trade payables, current | ||
| (A) Total outstanding dues of micro enterprises and small enterprises | 0.00 | |
| (B) Total outstanding dues of creditors other than micro enterprises and small enterprises | 0.00 | |
| Total Trade payable | 0.00 | |
| Other current financial liabilities | ||
| 1 | Other | 20.00 |
| Total of other current financial liabilities | 20.00 | |
| Total current financial liabilities | 20.00 | |
| Other current liabilities | 289.22 | |
| 1 | Other | 180.58 |
| 2 | Trade Payable | 108.64 |
| Total of other current liabilities | 289.22 | |
| Provisions, current | 120.61 | |
| Current tax liabilities (Net) | 0.00 | |
| Deferred government grants, Current | 0.00 | |
| Total current liabilities | 429.83 | |
| 3 | Liabilities directly associated with assets in disposal group classified as held for sale | 0.00 |
| 4 | Regulatory deferral account credit balances and related deferred tax liability | 0.00 |
| Total liabilities | 2,24,224.53 | |
| Total equity and liabilites | 1,89,061.66 | |
| Disclosure of notes on assets and liabilities | ||
| Particulars | 3 months/ 6 month ended (dd-mm-yyyy) | Year to date figures for current period ended (dd-mm-yyyy) | |||||
|---|---|---|---|---|---|---|---|
| Date of start of reporting period | 01-01-2026 | 01-04-2025 | |||||
| Date of end of reporting period | 31-03-2026 | 31-03-2026 | |||||
| Whether results are audited or unaudited | Audited | Audited | |||||
| Nature of report standalone or consolidated | Consolidated | Consolidated | |||||
| 1 | Segment Revenue (Income) | ||||||
| (net sale/income from each segment should be disclosed) | |||||||
| Total Segment Revenue | |||||||
| Less: Inter segment revenue | |||||||
| Revenue from operations | |||||||
| 2 | Segment Result | ||||||
| Profit (+) / Loss (-) before tax and interest from each segment | |||||||
| Total Profit before tax | |||||||
| i. Finance cost | |||||||
| ii. Other Unallocable Expenditure net off Unallocable income | |||||||
| Profit before tax | |||||||
| 3 | (Segment Asset - Segment Liabilities) | ||||||
| Segment Asset | |||||||
| Total Segment Asset | |||||||
| Un-allocable Assets | null | null | |||||
| Net Segment Asset | null | null | |||||
| 4 | Segment Liabilities | ||||||
| Segment Liabilities | |||||||
| Total Segment Liabilities | |||||||
| Un-allocable Liabilities | null | null | |||||
| Net Segment Liabilities | null | null | |||||
| Disclosure of notes on segments | |||||||
| Particulars | 3 months/ 6 months ended (dd-mm-yyyy) | Year to date figures for current period ended (dd-mm-yyyy) | |
|---|---|---|---|
| A | Date of start of reporting period | 01-01-2026 | 01-04-2025 |
| B | Date of end of reporting period | 31-03-2026 | 31-03-2026 |
| C | Whether results are audited or unaudited | Audited | Audited |
| D | Nature of report standalone or consolidated | Consolidated | Consolidated |
| Other comprehensive income [Abstract] | |||
| 1 | Amount of items that will not be reclassified to profit and loss | ||
| 1 | Amount of items that will not be reclassified to profit and loss | (36.03) | 4.87 |
| Total Amount of items that will not be reclassified to profit and loss | (36.03) | 4.87 | |
| 2 | Income tax relating to items that will not be reclassified to profit or loss | (10.49) | 1.42 |
| 3 | Amount of items that will be reclassified to profit and loss | ||
| Total Amount of items that will be reclassified to profit and loss | |||
| 4 | Income tax relating to items that will be reclassified to profit or loss | 0.00 | 0.00 |
| 5 | Total Other comprehensive income | (25.54) | 3.45 |
| Particulars | Year ended (dd-mm-yyyy) | |||||
|---|---|---|---|---|---|---|
| A | Date of start of reporting period | 01-04-2025 | ||||
| B | Date of end of reporting period | 31-03-2026 | ||||
| C | Whether results are audited or unaudited | Audited | ||||
| D | Nature of report standalone or consolidated | Consolidated | ||||
| Statement of cash flows | ||||||
| Cash flows from used in operating activities | ||||||
| Profit before tax | (365.51) | |||||
| Adjustments for reconcile profit (loss) | ||||||
| Adjustments for finance costs | (36.15) | |||||
| Adjustments for decrease (increase) in inventories | (55.81) | |||||
| Adjustments for decrease (increase) in trade receivables, current | (45.62) | |||||
| Adjustments for decrease (increase) in trade receivables, non-current | 0.00 | |||||
| Adjustments for decrease (increase) in other current assets | (2.28) | |||||
| Adjustments for decrease (increase) in other non-current assets | 0.00 | |||||
| Adjustments for other financial assets, non-current | 0.00 | |||||
| Adjustments for other financial assets, current | (46.24) | |||||
| Adjustments for other bank balances | 0.00 | |||||
| Adjustments for increase (decrease) in trade payables, current | 0.00 | |||||
| Adjustments for increase (decrease) in trade payables, non-current | 4.64 | |||||
| Adjustments for increase (decrease) in other current liabilities | 60.89 | |||||
| Adjustments for increase (decrease) in other non-current liabilities | 0.00 | |||||
| Adjustments for depreciation and amortisation expense | 245.67 | |||||
| Adjustments for impairment loss reversal of impairment loss recognised in profit or loss | 0.79 | |||||
| Adjustments for provisions, current | 264.27 | |||||
| Adjustments for provisions, non-current | 0.00 | |||||
| Adjustments for other financial liabilities, current | (1.46) | |||||
| Adjustments for other financial liabilities, non-current | 0.00 | |||||
| Adjustments for unrealised foreign exchange losses gains | 0.00 | |||||
| Adjustments for dividend income | 0.00 | |||||
| Adjustments for interest income | 0.00 | |||||
| Adjustments for share-based payments | 0.00 | |||||
| Adjustments for fair value losses (gains) | 0.00 | |||||
| Adjustments for undistributed profits of associates | 0.00 | |||||
| Other adjustments for which cash effects are investing or financing cash flow | 0.00 | |||||
| Other adjustments to reconcile profit (loss) | 0.00 | |||||
| Other adjustments for non-cash items | 4.90 | |||||
| Share of profit and loss from partnership firm or association of persons or limited liability partnerships | 0.00 | |||||
| Total adjustments for reconcile profit (loss) | 393.60 | |||||
| Net cash flows from (used in) operations | 28.09 | |||||
| Dividends received | 0.00 | |||||
| Interest paid | (5.88) | |||||
| Interest received | (48.05) | |||||
| Income taxes paid (refund) | 1.18 | |||||
| Other inflows (outflows) of cash | 0.00 | |||||
| Net cash flows from (used in) operating activities | (15.26) | |||||
| Cash flows from used in investing activities | ||||||
| Cash flows from losing control of subsidiaries or other businesses | 0.00 | |||||
| Cash flows used in obtaining control of subsidiaries or other businesses | 0.00 | |||||
| Other cash receipts from sales of equity or debt instruments of other entities | 0.00 | |||||
| Other cash payments to acquire equity or debt instruments of other entities | 0.00 | |||||
| Other cash receipts from sales of interests in joint ventures | 0.00 | |||||
| Other cash payments to acquire interests in joint ventures | 0.00 | |||||
| Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships | 0.00 | |||||
| Cash payment for investment in partnership firm or association of persons or limited liability partnerships | 0.00 | |||||
| Proceeds from sales of property, plant and equipment | 0.00 | |||||
| Purchase of property, plant and equipment | 28.74 | |||||
| Proceeds from sales of investment property | 0.00 | |||||
| Purchase of investment property | 0.42 | |||||
| Proceeds from sales of intangible assets | 0.00 | |||||
| Purchase of intangible assets | 0.00 | |||||
| Proceeds from sales of intangible assets under development | 0.00 | |||||
| Purchase of intangible assets under development | 0.00 | |||||
| Proceeds from sales of goodwill | 0.00 | |||||
| Purchase of goodwill | 0.00 | |||||
| Proceeds from biological assets other than bearer plants | 0.00 | |||||
| Purchase of biological assets other than bearer plants | 0.00 | |||||
| Proceeds from government grants | 0.00 | |||||
| Proceeds from sales of other long-term assets | 0.00 | |||||
| Purchase of other long-term assets | 0.00 | |||||
| Cash advances and loans made to other parties | 0.00 | |||||
| Cash receipts from repayment of advances and loans made to other parties | 0.00 | |||||
| Cash payments for future contracts, forward contracts, option contracts and swap contracts | 0.00 | |||||
| Cash receipts from future contracts, forward contracts, option contracts and swap contracts | 0.00 | |||||
| Dividends received | 0.00 | |||||
| Interest received | 48.05 | |||||
| Income taxes paid (refund) | 0.00 | |||||
| Other inflows (outflows) of cash | (23.59) | |||||
| Net cash flows from (used in) investing activities | (4.70) | |||||
| Cash flows from used in financing activities | ||||||
| Proceeds from changes in ownership interests in subsidiaries | 0.00 | |||||
| Payments from changes in ownership interests in subsidiaries | 0.00 | |||||
| Proceeds from issuing shares | 0.00 | |||||
| Proceeds from issuing other equity instruments | 0.00 | |||||
| Payments to acquire or redeem entity's shares | 0.00 | |||||
| Payments of other equity instruments | 0.00 | |||||
| Proceeds from exercise of stock options | 0.00 | |||||
| Proceeds from issuing debentures notes bonds etc | 0.00 | |||||
| Proceeds from borrowings | 0.00 | |||||
| Repayments of borrowings | 0.00 | |||||
| Payments of lease liabilities | 0.00 | |||||
| Dividends paid | 0.00 | |||||
| Interest paid | 5.88 | |||||
| Income taxes paid (refund) | 0.00 | |||||
| Other inflows (outflows) of cash | 21.45 | |||||
| Net cash flows from (used in) financing activities | 15.57 | |||||
| Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes | (4.39) | |||||
| Effect of exchange rate changes on cash and cash equivalents | ||||||
| Effect of exchange rate changes on cash and cash equivalents | 85.77 | |||||
| Net increase (decrease) in cash and cash equivalents | 81.38 | |||||
| Cash and cash equivalents cash flow statement at beginning of period | 0.00 | |||||
| Cash and cash equivalents cash flow statement at end of period | 81.38 | |||||
| Whether results are audited or unaudited | Audited |
|---|---|
| Declaration of unmodified opinion or statement on impact of audit qualification | Statement on impact of audit qualification |
| Auditor's opinion | Qualified opinion |
| Declaration pursuant to Regulation 33 (3) (d) of SEBI (LODR) Regulation, 2015: The company declares that its Statutory Auditor/s have issued an Audit Report with unmodified opinion for the period on Standalone results |
| Sr No. | Audit firm's name | Whether the firm holds a valid peer review certificate issued by Peer Review Board of ICAI | Certificate valid upto | ||
| 1 | Pankaj R. Shah & Associates | Yes | 31-10-2027 | ||
|---|---|---|---|---|---|
| Sr. | Particulars | Audited Figures (as reported before adjusting for qualifications) | Adjusted Figures (audited figures after adjusting for qualifications) |
|---|---|---|---|
| 1 | Turnover / Total income | 1,296.96 | 1,296.96 |
| 2 | Total Expenditure | 1,662.47 | 1,662.47 |
| 3 | Net Profit/(Loss) | (362.31) | (362.31) |
| 4 | Earnings Per Share | -6.03 | -6.03 |
| 5 | Total Assets | 1,89,061.66 | 1,89,061.66 |
| 6 | Total Liabilities | 2,24,224.53 | 2,24,224.53 |
| 7 | Net Worth | (35,162.87) | (35,162.87) |
| Sr. | Details of Audit Qualification | Type of Audit Qualification | Frequency of qualification | For Audit Qualification(s) where the impact is quantified by the auditor | For Audit Qualification(s) where the impact is not quantified by the auditor | ||
|---|---|---|---|---|---|---|---|
| Management's Views | (i) Management's estimation on the impact of audit qualification | (ii) If management is unable to estimate the impact, reasons for the same | Auditors' Comments on (i) or (ii) above | ||||
| 1 | Textual Information(1) | Qualified opinion | Repetitive | Textual Information(2) | Textual Information(3) | Textual Information(4) | Textual Information(5) |
| 2 | Textual Information(6) | Qualified opinion | Repetitive | Textual Information(7) | Textual Information(8) | Textual Information(9) | Textual Information(10) |
| 3 | Textual Information(11) | Qualified opinion | Repetitive | Textual Information(12) | Textual Information(13) | Textual Information(14) | Textual Information(15) |
| 4 | Textual Information(16) | Qualified opinion | Repetitive | Textual Information(17) | Textual Information(18) | Textual Information(19) | Textual Information(20) |
| Textual Information(1) | 1. Regarding transactions of the Company through trading and clearing member with NSEL and notice issued by EOW under the Maharashtra Protection of Interest of Depositors (in financial establishments) Act, 1999 (MPID) Act. |
|---|---|
| Textual Information(2) | The Auditors have not quantified the impact of their qualifications on the financial statements of the Company as the matters pertaining to the qualification are pending before various Courts/Statutory authorities and are subjudice at present |
| Textual Information(3) | Nil |
| Textual Information(4) | National spot Exchange Limited (NSEL) has served a notice to N K Proteins Private Limited (Formerly known as N K Proteins Limited) who was a Trading and Clearing Member at NSEL and N K Industries Limited was only a client Company of Trading Member i.e. NK Proteins Limited. As regards, the balances of trade receivables and trade payables arising out of the transactions through NSEL platform, the same cannot be confirmed pursuant to the pendency of litigations and as the matter is still pending before the respective authorities. Further, the Home Department, Government of Maharashtra has issued a notification under the MPID Act, 1999 securing the attachment of Land & Building and Plant & Machinery of the Company. Against this the Company had challenged the notification issued by Homne department, Government of Maharashtra, before the Hon'ble High Court of Gujarat. The Hon'ble Gujarat High Court had disposed off the application of the Company vide its order dated 29th March 2017.Against the said order the Company had preferred a Special Leave Petition before the Hon'ble Supreme Court of India. The Hon'ble Supreme Court of India had disposed off the Special Leave Petition on 17/04/2017, with an observation to file an application before the Hon'ble Bombay High Court. The Company has filed petition before the Hon'ble Bombay High Court in June 2017. Besides this, the Company has also filed its objections against the attachment notification before the Designated Special MPID Court, Mumbai the matter is subjudice. |
| Textual Information(5) | We have qualified our report with respect to various transactions entered into by the Company on NSEL Platform and the matter is presently pending before various courts/statutory authorities and accordingly it is subjudice and not determinable. The quantification of amount can be determined only upon the receipt of judgment from the respective authorities and till that time neither the Company nor we as auditors, can quantify the impact of the same on the financial results of the Company. |
| Textual Information(6) | 2. Regarding proceedings initiated by the Directorate of Enforcement under the Prevention of Money Laundering Act, 2002 |
| Textual Information(7) | The Auditors have not quantified the impact of their qualifications on the financial statements of the Company as the matters pertaining to the qualification are pending before various Courts/Statutory authorities and are subjudice at present |
| Textual Information(8) | Nil |
| Textual Information(9) | With respect to point no.2 of qualified opinion of Auditors Report, it is hereby clarified that it is hereby clarified that the and Company along with Group Company promoters challenged the show cause notice issued by the adjudicating authority New Delhi, before the Hon'ble High Court of Delhi and the Hon'ble High Court has set aside the said show cause notice. The Director of Enforcement has attached assets of the Company, group company NKPL and the promoters of the company by issuing a fresh show cause notice dated 30/08/2018and the company has filed an appeal before PMLA Appellate Tribunal, Delhi. Still the matter is sub-judice |
| Textual Information(10) | We have qualified our report with respect to various transactions entered into by the Company on NSEL Platform and the matter is presently pending before various courts/statutory authorities and accordingly it is subjudice and not determinable. The quantification of amount can be determined only upon the receipt of judgment from the respective authorities and till that time neither the Company nor we as auditors, can quantify the impact of the same on the financial results of the Company. |
| Textual Information(11) | 3. Regarding notice issued by EOW under the Maharashtra Protection of Interest of Depositors (in financial establishments) Act, 1999 (MPID) Act. |
| Textual Information(12) | The Auditors have not quantified the impact of their qualifications on the financial statements of the Company as the matters pertaining to the qualification are pending before various Courts/Statutory authorities and are subjudice at present |
| Textual Information(13) | Nil |
| Textual Information(14) | With regard to the supplementary charge sheet filed the Company has complied with the summons from MPID Court dated Company has complied with the said summons and the matter was adjourned to 7th November,2019 and further adjourned to various dates and now the matter is further adjourned to 23rd June,2026. Therefore, the matter is sub judice. |
| Textual Information(15) | We have qualified our report with respect to various transactions entered into by the Company on NSEL Platform and the matter is presently pending before various courts/statutory authorities and accordingly it is subjudice and not determinable. The quantification of amount can be determined only upon the receipt of judgment from the respective authorities and till that time neither the Company nor we as auditors, can quantify the impact of the same on the financial results of the Company. |
| Textual Information(16) | 4. Regarding transactions of subsidiary Company i.e. Tirupati Retail (India) Private Limited with NSEL. |
| Textual Information(17) | The Auditors have not quantified the impact of their qualifications on the financial statements of the Company as the matters pertaining to the qualification are pending before various Courts/Statutory authorities and are subjudice at present |
| Textual Information(18) | Nil |
| Textual Information(19) | The National Spot Exchange Limited (NSEL) has initiated recovery proceedings against the Group Company NK Proteins Private Limited (Formerly known as N K Proteins Limited) who was a trading and clearing member at NSEL. As regards the said recovery proceedings initiated by NSEL and has also made Tirupati Retail (India) Private Limited, subsidiary Company a party to the said proceedings, the matter is sub-judice and still pending before therespective Authorities |
| Textual Information(20) | We have qualified our report with respect to various transactions entered into by the Company on NSEL Platform and the matter is presently pending before various courts/statutory authorities and accordingly it is subjudice and not determinable. The quantification of amount can be determined only upon the receipt of judgment from the respective authorities and till that time neither the Company nor we as auditors, can quantify the impact of the same on the financial results of the Company. |
| Name of CEO / Managing director | NIMISH KESHAVLAL PATEL |
|---|---|
| Name of CFO | ASHWINBHAI PARSHOTTAMDAS PATEL |
| Name of audit committee chairman | SNEHAL BHARATBHAI PATEL |
| Name of statutory auditor | NILESH R SHAH |
| Name of other signatory, if any, with designation | |
| Place | AHMEDABAD |
| Date | 27-05-2026 |