Aadhaar Ventures India Limited has appointed Mohandas & Co as its new statutory auditors, effective September 1, 2026. The firm replaces Rishi Sekhri & Associates, who resigned due to professional commitments.

The Board of Directors approved the appointment during a meeting held on September 1, 2026. The move fills the casual vacancy created by the resignation of the outgoing auditors. Mohandas & Co will hold office until the conclusion of the next annual general meeting in 2026.

Auditor Transition Details

Rishi Sekhri & Associates tendered their resignation on September 1, 2026, citing ongoing professional commitments and other pre-occupations. The firm had been serving as the statutory auditor since September 29, 2023. Their term was originally scheduled to expire at the conclusion of the 30th Annual General Meeting in 2028.

The outgoing auditors submitted their independent auditor review report for the quarter ended June 30, 2026, on August 14, 2026. They also filed the standalone financial statement report for the year ended March 31, 2026, on May 26, 2026. The resignation letter stated there were no other material reasons for stepping down.

New Auditor Profile

Mohandas & Co, a sole proprietorship firm established in 1978, is headed by CA Belle Mohandas Shetty, a Fellow Member of the Institute of Chartered Accountants of India (ICAI). The firm operates with one practicing member and two assistants.

The company provides professional services including audit, accounting, taxation, GST compliance, ROC filings, and financial consultancy. Its client services extend to GST and income tax return filing, tax audits, TDS compliance, and various attestation services.

The appointment follows the recommendation of the Audit Committee and complies with Section 139 of the Companies Act, 2013. The company filed the disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Aadhaar Ventures India Limited reported a net loss of ₹2.34 lakh for the financial year ended March 31, 2026, compared to a net profit of ₹1.89 lakh in the previous year. The company recorded zero revenue from operations for both the quarter and the full year, while total income declined to ₹9.37 lakh in FY26 from ₹17.45 lakh in FY25. The board approved the standalone audited financial results for the quarter and year ended March 31, 2026, at a meeting held on June 1, 2026.

The meeting, convened at the company's registered office in Surat, was held under Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. M/s. Rishi Sekhri & Associates, Chartered Accountants, issued an audit report with an unmodified opinion on the standalone financial results. The board also reviewed the business of the company during the proceedings, which commenced at 4:00 P.M. and concluded at 4:30 P.M.

Financial Performance for FY26

Assets and Liabilities

The company's total assets stood at ₹36,624.95 lakh as of March 31, 2026, slightly higher than ₹36,623.38 lakh in the previous year. Non-current assets, primarily comprising investments and loans, accounted for ₹33,986.40 lakh. Current assets totaled ₹2,638.55 lakh, driven by trade receivables of ₹2,610.32 lakh and cash and bank balances of ₹27.73 lakh. The company reported no outstanding defaults on loans or debt securities as of the reporting date.