ALPHA TRIBE

Revati Organics LtdUpdates, 29-05-2025: Company Update

29-05-2025 | 03:26 pm

Revati Media Limited has submitted the impact statement related to audit qualifications for the financial year ended March 31, 2025. The auditor issued a qualified opinion due to the company not writing off fixed assets valued at Rs. 52.36 lakh and uncertainty around outstanding secured loans from Maharashtra State Financial Corporation (Rs. 1.04 Cr) and SICOM Ltd (Rs. 0.16 Cr), as their adjusted liabilities could not be ascertained due to lack of relevant information. The issue is repetitive, and management is unable to estimate the impact owing to missing data from the lending institutions. Total income, expenditure, net loss, assets, liabilities, and net worth remain unchanged post these qualifications.

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