ALPHA TRIBE

Vaxfab Enterprises LtdImportant, 07-07-2026: Company Update

07-07-2026 | 02:36 pm

Vaxfab Enterprises has announced a board meeting that approved the audited financial results for the quarter and year ended March 31, 2026. However, the statutory auditors issued a "Disclaimer of Opinion" on both standalone and consolidated results. This critical audit stance arises from significant issues including insufficient financial records, missing balance confirmations for debtors and creditors, and lack of formal agreements for unsecured loans. The auditors could not verify key financial figures, preventing them from expressing an opinion on the company's true and fair view. Standalone yearly revenue was 58.67 Cr with a profit of 0.58 Cr. Consolidated yearly revenue was 131.26 Cr, reporting a loss of 4.63 Cr.

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