Minal Industries Limited has announced the approval of its Unaudited Standalone and Consolidated Financial Results for the Quarter and Half Year ended September 30, 2026. The Board of Directors, at their meeting held on November 5, 2026, considered, recommended, and approved these results, along with the Limited Review Report from the statutory auditors. The company also confirmed the commencement and conclusion times of the board meeting.
Minal Industries Approves Financial Results
Minal Industries Limited has officially announced the approval of its Unaudited Standalone and Consolidated Financial Results for the quarter and half-year ended September 30, 2026. The decision was made during a Board of Directors’ meeting held on Thursday, November 5, 2026, at the company’s registered office. The board considered, recommended, and approved the financial statements and the accompanying Limited Review Report from the statutory auditors.
Key Financial Highlights
The approved results include the company’s financial performance for the quarter and the half-year. The statutory auditors, RH Modi & Co., have conducted a limited review of these results, and their report has been submitted. Minal Industries Limited plans to publish these unaudited financial results in newspapers as per the prescribed format under Regulation 47 of the Listing Regulations.
Board Meeting Details
The board meeting commenced at 03:15 PM and concluded at 03:45 PM on November 5, 2026. The company has requested that these details be taken on record and acknowledgment of receipt be provided.
Auditor’s Review and Notes
The Independent Auditor’s Limited Review Report highlights that the financial statements have been prepared in accordance with Indian Accounting Standards (‘Ind AS’) and comply with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. A note of material uncertainty related to the going concern basis of accounting is mentioned due to accumulated losses, though the company’s strategy and promoter support support this basis. Emphasis is also placed on the unaccrued interest income from a subsidiary and impairment provisions for investments and loans.
Source: BSE
