Vas Infrastructure Ltd Approves Unaudited Q2 Results, Schedules 31st Annual General Meeting

Vas Infrastructure Ltd Approves Unaudited Q2 Results, Schedules 31st Annual General Meeting​

Vas Infrastructure Ltd announced several key operational approvals following a Resolution Professional (RP) Committee meeting held on August 11, 2026. The committee approved the unaudited financial results for the quarter ending June 30, 2026, along with the Limited Review Report provided by Statutory Auditors.

The company further decided to convene its 31st Annual General Meeting (AGM) for the fiscal year ended March 31, 2026. The AGM is scheduled to be held on Friday, September 25, 2026, via Video Conferencing.

Committee Approvals and Appointments​

The RP Committee took several material actions concerning corporate management and future governance:

• Appointment of Scrutinizer: M/s RSMJ and Associates, Chartered Accountants, was approved as the Scrutinizer for the upcoming AGM.
• Secretarial Auditor Appointment: M/s Pranay Mandhana & Associates was approved to serve as the Secretarial Auditor for the financial year 2026-27.
• E-Voting Platform: The committee approved the appointment of CDSL (the Depository) and MUFG Intime (India) Private Limited, a Registrar and Share Transfer Agent, to provide an e-voting platform for members at the AGM.

The Committee also noted that all Statutory Compliance Certificates related to the quarter ended June 30, 2026, had been recorded.

Q2 Financial Performance Review​

The unaudited financial results of Vas Infrastructure Ltd for the Quarter Ended 30th June, 2026 showed a Net Profit/(Loss) after Tax (after Exceptional items) of (12,548) Lakhs. The Earnings per equity Share (EPS) based on continuing operations stood at (0.083) Basic and (0.083) Diluted.

The results for the quarter ended June 30, 2026, alongside previous periods and the full fiscal year ending March 31, 2026 are detailed in the table below:

Auditor Review and Qualified Conclusion​

The Independent Auditor's Review Report on the Quarter ended June 30, 2026, provided a qualified conclusion regarding the unaudited results.

A primary area of concern highlighted in the report is Material Uncertainty Related to Going Concern. The accounts were prepared by management on a Going Concern Basis, and material uncertainty exists which casts significant doubt on the Company's ability to continue as a going concern.

Additionally, inventories classified as work in progress have been recorded at historical cost due to the unavailability of their net realizable value.

Based on the review conducted, the accompanying statement of unaudited financial results is considered correct according to Indian Accounting Standards (Ind AS) prescribed under Section 133 of the Companies Act, 2013 and relevant rules, with the exception of the matter described in Basis for Qualified Conclusion.

Stock Price Movement​

As of 12:53, shares of Vas Infrastructure Ltd. are ticking down, priced at ₹8.00, which marks a 2.08% decline. The stock is currently trading within an intraday range established between the high of ₹8.00 and the low of ₹7.77.