Sanmitra Commercial Ltd — Results, 30-05-2025: Result

Sanmitra Commercial Limited has announced a board meeting outcome approving the financial results for the quarter and year ended March 31, 2025, accompanied by an unmodified audit opinion indicating clean financials. Ms. Neha Kulkarni has been appointed as the Internal Auditor for 2025-2026, continuing her role as the Company's qualified Company Secretary and Compliance Officer. The firm M/s. Pooja Gandhi & Co. is appointed as Secretarial Auditor for 2025-2030, subject to shareholder approval. The audit highlighted unresolved trade payables and receivables from discontinued operations since FY 2018-19, with uncertainty on recoverability, alongside outstanding loans and advances lacking confirmation, posing potential risks for stakeholders.