BSECompany Update5d ago · 29 Jul 2026, 03:05 pm

Please find attached herewith clarfication regarding a clerical mistake in the Financial Results for the quarter and year ended 31st March, 2026 uploaded on the BSE portal on 21.05.2026 ....

Arex Industries Ltd · 526851

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Arex Industries Ltd has issued a clarification regarding a clerical mistake in its financial results for the quarter and year ended 31st March, 2026, which has been rectified and the rectified financial results have been enclosed for dissemination.

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Earnings Impact2/10
Growth Catalyst1/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment5/10

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Arex Industries Ltd - 526851 - Clarification Regarding A Clerical Mistake In The Financial Results For The Quarter And Year Ended 31St March, 2026 Uploaded On The BSE Portal On 21.05.2026

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Arex Industries Ltd. .. ..comssrconns Manufacturers of Textile Labels Plant & Regd. Office : 612, GID.C. Estate, Chhatral, Tal. Kalol, Dist. Gandh - 382 729, Gujar Phone : +91 2764 233437 Fax : +91 2764 233635 Websi arex.in Email : m; Ref: AIL/BSE-33/2607/773 July 29, 2026 The Manager Department of Corporate Services BSE Limited 25tk Floor, P. J. Towers Dalal Street Mumbai — 400 001 Sub.: Clarification regarding a clerical mistake in the Financial Results for the quarter and year ended 31t March, 2026 uploaded on the BSE portal on 21.05.2026 Dear Sir, In continuation of the financial results uploaded on the BSE Portal on 21st May, 2026, wherein a clerical mistake in figure mentioned in Other Comprehensive Income (After Tax) (Point No. 10) and in Total Comprehensive Income (Point No. 11) in the Statement of Standalone Audited Financial Results, for the quarter and year ended on 31st March, 2026, has come to the notice of the Company and the Statutory Auditors. The same is hereby rectified and the rectified financial results are enclosed herewith for dissemination. There is no change in any of the financial figures except for the clerical mistake in point no. 10 and point no. 11 of Statement of Standalone Audited Financial Results, which please note. The rectification does not have any impact on the disclosed figures in the balance sheet, Statement of Standalone Audited Financial Results (except for change in the Other Comprehensive Income and Total Comprehensive Income) and the cash flow statement. Please take the same on your records. Thanking you, Yours faithfully, For AREX INDUSTRIES LTD NEEL DINESH el oeasnt BILGI Date: 2026.07.29 1455:48 +05'30" Neel Bilgi (DIN: 00096180) Managing Director Encl.: Rectified Financial Results OX¥ weare bramds Sweta Patel & Associates Chartered Accountants INDIA Independent Auditors’ Report To The Board of Directors of Arex Industries Limited We have audited the accompanying Statement of Standalone Financial Results (the “Statement”) of Arex Industries Limited (the “Company”), for the quarter and year ended 31% March, 2026, attached herewith, being submitted by the Company pursuant to the requirement of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (the “Listing Regulations”). In our opinion and to the best of our information and according to the explanations given to us, the Statement: i. is presented in accordance with the requirements of Regulation 33 of the Listing Regulations in this regard; and ii. gives a true and fair view in -onformity with the recognition and measurement principles laid down ir Indian Accounting Standard (“Ind AS”) specified under Section 133 of the Companies Act 2013 (the” Act”) read with relevant rules issued thereunder and other accounting principles generally accepted in India of the net profit and other comprehensive income and other financial information for the quarter :nded 315t March, 2026 and the net profit and other comprehensive income and other financial information for the year ended 31t March, 2026. ) Basis for Opinion We conducted our audit of the Statemen! in accordance with the Standards on Auditing (SAs) specified under Section 143(10) of the Act. Our responsibilities under those Standards are further described in the Auditor’s Responsibilities for the Audit of the Standalone Financial Results section of our report. We are independent of the Company in accordance with the Code of Ehics issued by the Institute of Chartered Accountants of India (“ICAI”) together with the ethical requirements that are relevant to our audit of the standalene financial results under the provisions of the Act and the Rules thereunder, and we have fulfilled our other ethical responsibilities in accordance with these requirements and the Code of Ethics. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinion. Management’s Responsibilities for the Standalone Financial Results 702, Wall Street 1, Opp. Orient Club, WAGIEIE C¢o llege, Ellisbridge, Ahmed-a 3b80 a00d6. Contact - +91 99985 91557 / 99044 85086 | E-mail : ahemangpatel@gmail.com / caswetapatel@gmall.com statements, which are the responsibility cf the Company's management and have been approved by the Board of Directors of the Company. The Company’s Board of Directors are responsible for the preparaton and presentation of these standalone financial results that give a true and fair view of the net profit and other comprehensive income and other finandal information in accordance with the applicable Indian accounting standards, prescribed under Section 133 of the Act, read with relevant rules issued thereunderand other accounting principles generally accepted in India and in compliance with Regulation 33 of the Listing Regulations. This responsibility also includes mainterance of adequate accounting records in accordance with the provisions of the Act for safeguarding of the assets of the Company and for preventing and detecting frauds and other irregularities; selection and application of appropriate accounting policies; making judgments and estimates that are reasonable and prudent; and the design, implementation and maintenance of adequate internal financial controls that were operating effectively for ensuring the accuracy and completeness of the accounting records, relevant to the preparation and presentation of the standalone financial results that give a true and fair view and are free from material misstatement, whether due to fraud or error. In preparing the standalone financial results, the Board of Directors are responsible for assessing the Company’s ability, to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the Board of Directors either intends to liquidate the Company or to cease operations, or has no realistic alternative but to do so. The Board of Directors are also responsitle for overseeing the financial reporting process of the Company. Auditor’s Responsibilities for the Audit of the Standalone Financial Results Our objectives are to obtain reasonable issurance about whether the standalone finandial results as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee thatan audit conducted in accordance with SAs will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these standalone finandial results. As part of an audit in accordance with SAs, we exercise professional judgment and maintain professional skepticism throughout the audit. We also: o Identify and assess the risks of material misstatement of the standalone financial results, whether due to fiaud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control. * Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances. Under Section 143(3) (i) of the Act, we are also responsible for expressing our opinion on whether the company has adequate internal financial controls with reference to financial statemenis in place and the operating effectiveness of such controls. + Evaluate the appropriateness of accounting policies used and the reasonablencss of accounting estimates and related disclosures made by the Board of Directors. « Conclud [Showing first 8,000 characters — download PDF for full document]