Mishtann Foods Ltd — Important, 30-05-2026: Company Update

The company has announced a board meeting where it approved the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026, and appointed new internal and tax auditors. However, auditors issued a qualified opinion due to major concerns. These include a SEBI investigation into alleged fictitious transactions and ₹49.90 Cr rights issue misutilisation, unassessed impairment on ₹593.71 Cr trade receivables, and significant tax demands including ₹206.84 Cr GST and ₹117.44 Cr disputed income tax. These issues collectively create substantial doubt about the company's future operations.