IMP Powers Limited submitted its complete audited consolidated financial results for the quarter and year ended March 31, 2026, to BSE Limited on June 3, 2026. This submission follows an exchange query regarding the initial filing dated May 26, 2026, which had inadvertently omitted the first page of the Statement of Impact of Audit Qualifications. The company reported a net profit of ₹9.06 lakh for the year, a turnaround from the previous year's performance, while the statutory auditor, M/s. B J S and Associates, issued a qualified opinion citing several material uncertainties.

The audit report flags that gross trade receivables amounting to ₹39.86 crore remain outstanding for over three years without expected credit loss recognition, potentially overstating assets. Additionally, balances aggregating to ₹0.95 crore under bank balances and ₹22.93 crore under other current assets could not be substantiated due to a lack of independent confirmations and supporting documentation. The auditors also noted the group did not carry out an impairment assessment of assets as of March 31, 2026, despite prolonged suspension of production activities during the Corporate Insolvency Resolution Process (CIRP).

The group has not recognised deferred tax expense or liability arising from temporary differences as required under Ind AS 12, nor has it carried out actuarial valuation of employee benefit obligations for gratuity and leave encashment under Ind AS 19. Management stated that appropriate accounting treatment for write-offs or write-backs of dues has not been recorded pending the final distribution order from the National Company Law Tribunal (NCLT) regarding the sale proceeds. The company received ₹78 crore from successful bidders Electrify Energy Pvt Ltd and Mr. Rakesh R Shah, though the distribution is currently under legal challenge.

Key Financial Highlights (Consolidated)

The board approved the financial results at its meeting held on May 26, 2026. The company informed shareholders that it is currently undertaking verification procedures for assets and trade receivables inherited from the pre-resolution period. Appropriate adjustments will be recorded upon completion of this exercise and receipt of necessary closure documentation from the concerned authorities.

kkv agro powers has confirmed to the National Stock Exchange that its promoter group did not encumber any shares during the financial year 2025-26. The disclosure, filed on April 7, 2026, assures stakeholders that no shares were pledged directly or indirectly by the promoters or persons acting in concert.

The filing was submitted in compliance with Regulation 31(4) and (5) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. These regulations require annual disclosures regarding the shareholding status and any encumbrances created by the promoter group.

Tirupur Kulandaivel Chandiran, a promoter of the company, provided the confirmation on behalf of the promoter group. The declaration explicitly states that no encumbrance of shares was made during the specified financial year. The document was addressed to the Listing Department of the exchange and the company's Audit Committee.

The following table summarizes the key details of the disclosure:

CS Arthi Venugopal, the Company Secretary and Compliance Officer for KKV Agro Powers Limited, signed the submission to the exchange. The confirmation provides transparency regarding the financial standing of the promoter group's shareholding.