Amit International Ltd — Important, 13-06-2026: Company Update

Amit International Limited has received a qualified audit opinion for FY2025-2026, highlighting several financial irregularities. Auditors identified unprovided doubtful advances of Rs. 2.32 Cr, non-compliance with fair value measurement for investments and loans, and a lack of provision for employee retirement benefits. The company also failed to obtain a required RBI registration and did not charge interest on certain loans, resulting in an understatement of income by Rs. 0.25 Cr. Management has stated it is addressing these concerns. This indicates potential misstatements in the financial figures, impacting investor understanding of the company's true financial health.