Morgan Ventures Limited has announced the adoption and approval of its un-audited financial results for the quarter and half year ended September 30, 2026. The Board of Directors convened on Saturday, November 14, 2026, to review and ratify these financial statements. The detailed results, along with a limited review report from the auditors, have been submitted. The company also noted a writ petition concerning land rights in Aurangabad, with the court granting symbolic possession to MIDC while physical possession remains with the company.
Morgan Ventures Approves Un-audited Financial Results
Morgan Ventures Limited announced on November 14, 2026, that its Board of Directors has adopted and approved the company’s un-audited financial results for the quarter and the half-year ended September 30, 2026. The meeting, which took place on the same day, saw the board ratify these financial statements, prepared in accordance with the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Key Financial Period Covered
The approved results pertain to the financial period concluding on September 30, 2026. Copies of the un-audited standalone financial results, accompanied by the limited review reports from the independent auditors, have been enclosed with the disclosure.
Board Meeting Details
The Board of Directors’ meeting commenced at 03:30 P.M. and concluded at 04:30 P.M. on November 14, 2026.
Other Disclosures
The company also drew attention to a legal matter concerning land held as fixed assets in Aurangabad. A writ petition has been filed before the Hon’ble Bombay High Court, Aurangabad Bench, challenging the revocation of lease rights by the Maharashtra Industrial Development Corporation (MIDC). The Court has permitted MIDC to take only symbolic possession of the land plots, with physical possession remaining with Morgan Ventures Limited until a final order is passed. The management, based on legal assessment and interim relief, is confident of a favourable outcome and has made no adjustments to the current financial results.
Source: BSE
