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

Landmarc Leisure Corporation's board has announced the approval of financial results for the quarter, showing a net profit of 4.67 Lakhs. The board approved new statutory and secretarial auditors for five-year terms, pending shareholder approval. The 35th Annual General Meeting will be held via video conference. Auditors highlighted concerns about Rs. 4.76 Cr in interest-free loans lacking documentation, and non-provision for doubtful advances/deposits totaling Rs. 37.18 Cr linked to companies in insolvency, which significantly overstates the company's profit. Additionally, Rs. 18.98 Cr from a preferential issue was utilized for content creation.