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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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
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