Healthy Life Agritec Ltd

Healthy Life Agritec Ltd

Healthy Life Agritec Ltd submitted its audited standalone and consolidated financial results for the year ended March 31, 2026, to the BSE, following a query from the exchange. While the auditors issued an unmodified opinion on the results, their report highlighted several significant 'Key Audit Matters'. These included the company's non-compliance with TDS, Employees' Provident Fund (EPF), and Employees' State Insurance (ESI) provisions, along with outstanding undisputed income tax liabilities. Additionally, the report noted that inventory, debtor, creditor, and intangible asset valuations were management-certified and internal audit reports and internal financial controls reports were unavailable for verification.

Healthy Life Agritec Ltd

Healthy Life Agritec Ltd responded to BSE's query regarding the delay in submitting its financial results for the quarter and year ended March 31, 2026. The company stated that the delay was due to the late receipt of financial statements from a subsidiary, which impacted the preparation of consolidated financials. The board meeting, originally scheduled for May 30, 2026, was subsequently rescheduled twice and eventually held on June 08, 2026, where the results were considered and approved. The company emphasized that the delay was unintentional and committed to timely future compliance.