Amit International Ltd — Important, 09-07-2026: Company Update

Amit International received an audit report with a modified opinion for FY26, highlighting several concerns. Auditors noted the company did not provision for 2.32 Cr in doubtful advances and understated income by 0.25 Cr due to uncharged interest on certain loans, impacting reported profit/loss. Other qualifications include the company's lack of required RBI registration, unprovided employee retirement benefits, and issues with valuing investments and loans/advances due to insufficient updated information, whose financial impact auditors could not determine. Management stated it is addressing these matters.