Kridhan Infra Ltd

Financial results approved

• Unaudited standalone and consolidated results approved for quarter ended 30 June 2026.
• Limited Review Reports attached per SEBI LODR Regulation 33.
• Consolidated results include two subsidiaries; other entities excluded per notes.

KMP materiality disclosures authorized

• Key Managerial Personnel authorized to determine materiality and disclosures, effective Aug 13, 2026.
• Authorized KMPs: Krishnaprasad Sunder Rao (WTD), Mithlesh Jaiswal (ED & CFO), Ekta Rathod (CS).

Auditor remarks and going concern

• Auditors note erosion of net worth; going concern basis adopted; opinion not modified.
• Note 6 cites possible equity infusion via preferential allotment to support growth.

Key points

• Purpose: no deviation/variation in fund utilisation reported.
• Mode of fund raising: not disclosed in filing.
• Amount raised: disclosed total funds raised; value not disclosed.
• Deviation: None.
• Audit Committee / auditors: None reported.
• Monitoring agency: Not applicable.
• Original vs. modified objects: no deviation recorded; utilisation tracked against original allocations.
• Status of fund utilisation: utilisation details indicate partial use; remaining funds not elaborated.

Regulatory action

• SCN dated 12 August 2026 seeks adjudication for alleged LODR and Ind AS violations.
• Show Cause Notice relates to non-recognition of bank interest in FY2023 financial statements.
• Alleged failures include disclosures and departures from Ind AS 1, 23, 32, 109.
• MD unfilled Oct 2022–Feb 2024; CFO unfilled Jul 2022–Feb 2024.
• Adjudicating Officer appointed; adjudication initiated under SEBI Act and Rules.
• Date of SCN receipt: 12 August 2026.
• Monetary penalties not quantified; outcome will determine financial impact.

Meeting Details

• Date of Board Meeting: August 13, 2026.

Key Agenda Items

• Un-audited standalone and consolidated financial results for quarter ended June 30, 2026, subject to limited review.

Other Notes

• Trading window closed from July 1 to August 15, 2026 for designated persons and their relatives.

Dematerialisation status

• Dematerialisation requests processed and confirmed to depositories within the prescribed timeline.
• Securities dematerialised/rematerialised listed on the stock exchange where existing securities are listed.
• Physical certificates received for dematerialisation were mutilated and cancelled; depository name substituted as registered owner.