Shree Rajiv Lochan Oil Extraction Ltd resubmits FY2025‑26 financials to include audit qualification impact

What Shree Rajiv Lochan Oil Extraction Ltd announced

On 17 July 2026, Shree Rajiv Lochan Oil Extraction Ltd (BSE: 530295) submitted a revised set of financial statements for the period ended March 2026. The revision was made to incorporate a Statement of Impact of Audit Qualification that BSE had asked the company to include.

The company did not alter any of the previously reported numbers; the filing solely adds the required audit‑qualification disclosure.

Reason for the resubmission

The BSE had communicated to the company that the original financial statements lacked the mandatory Statement of Impact of Audit Qualification. An audit qualification typically arises when auditors are unable to obtain sufficient evidence on certain items or when they disagree with accounting treatments. The impact statement explains how such qualifications affect the financials, ensuring transparency for shareholders and regulators.

By resubmitting the statements, Shree Rajiv Lochan Oil Extraction Ltd complies with the exchange’s disclosure norms and completes the filing cycle for the reporting period.

Filing details

• Filing date: 17 July 2026 (12:09:09 UTC)
• Exchange: Bombay Stock Exchange (BSE)
• Ticker: 530295
• Document: PDF titled “Financial Statements for period ended March, 2026 are being resubmitted as per BSE's email to include the Statement of Impact of Audit Qualification.”
• Content: The revised filing contains the same balance sheet, profit & loss, and cash‑flow statements as the original submission, with an additional paragraph describing the audit‑qualification impact.

The company has complied with BSE’s request by attaching the Statement of Impact of Audit Qualification to the previously filed financial statements.

Key facts at a glance

Why this matters for investors

The resubmission does not alter the company’s reported earnings, assets, or liabilities for FY2025‑26. However, the inclusion of the audit‑qualification impact statement satisfies regulatory requirements and provides investors with a clearer view of any limitations in the audit opinion. While the filing itself does not signal a material change in financial performance, it confirms that the company is addressing compliance gaps, which is a positive governance signal.

Investors should note that the audit qualification may relate to specific items in the accounts, but the company has not disclosed the nature or magnitude of those items. Consequently, the filing does not introduce new quantitative risk but ensures that the required disclosure framework is complete.

Conclusion

Shree Rajiv Lochan Oil Extraction Ltd has fulfilled BSE’s request by filing revised financial statements for the period ended March 2026, adding the Statement of Impact of Audit Qualification. No financial figures were altered, and the company remains compliant with exchange disclosure norms. Future filings may provide further detail on the audit qualification if the company chooses to elaborate.