Landmarc Leisure Corporation Ltd — Important, 11-08-2026: Company Update

Landmarc Leisure Corporation's board has approved the financial results for the quarter, reporting a profit of 0.0467 Cr. However, auditors issued a qualified opinion, noting unascertainable impact from 4.76 Cr in unverified interest-free loans and non-provision for doubtful advances of 22.18 Cr and security deposits of 15 Cr, which overstate the profit. The company announced a strategic shift to focus on films/media, reducing its wellness activities. New statutory and secretarial auditors were appointed, based on the Audit Committee's input and subject to shareholder approval. An Annual General Meeting is scheduled for September 24, 2026. Approximately 18.98 Cr from the preferential issue has been utilized without deviation from stated objectives.