Melstar Information Technologies Limited — Important, 25-05-2026: Updates

Melstar approved Q4/FY26 results, but auditors issued a qualified opinion due to ongoing going concern uncertainty from a 2019 insolvency process, despite management's revival plans. An Independent Director resigned; a new finance expert joined. Internal auditors changed due to fee terms. Subsidiaries reported no revenue and losses (Q4: (0.34) Cr, FY: (1.48) Cr).