Interactive Financial appoints internal auditor for FY27

Interactive Financial Services Limited appointed M/s S. J. Bhesaniya & Co., Chartered Accountants, as its internal auditor for the financial year 2026-2027. The Board of Directors approved the appointment during a meeting held on May 29, 2026. The firm, holding FRN 145775W, will oversee internal audit functions for the company.

The appointment was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The Board meeting, which commenced at 02:00 P.M. and concluded at 03:35 P.M., also approved the audited standalone financial results for the financial year ended March 31, 2026.

Financial Performance

For the financial year ended March 31, 2026, the company reported a net profit of ₹349.447 lakh, a 22.5% increase from ₹285.360 lakh in the previous year. Revenue from operations for FY26 stood at ₹737.065 lakh, compared to ₹740.809 lakh in FY25. The statutory auditor, M/s B. T. Vora & Co., issued an unmodified opinion on the results.

Profit before tax for FY26 increased to ₹482.864 lakh from ₹393.359 lakh in the prior year. Earnings per share (EPS) improved to ₹5.042 from ₹4.34 in the previous year, adjusted for a rights issue of equity shares at ₹30 per share during Q4FY25.

Financial Metric (₹ in Lakh)	FY26	FY25
Net Profit	349.447	285.360
Revenue from Operations	737.065	740.809
Total Income	836.092	851.128
Total Expenses	340.007	457.769
Profit Before Tax	482.864	393.359
Earnings Per Share (Basic)	5.042	4.34

Assets and Liabilities

As of March 31, 2026, total assets stood at ₹3410.09 lakh, up from ₹3001.68 lakh in the previous year. Non-current investments increased significantly to ₹913.37 lakh from ₹398.86 lakh. Total equity attributable to owners of the parent rose to ₹3164.92 lakh from ₹2808.64 lakh.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-0.81%	-9.27%	-9.03%	-24.37%	-28.46%	+162.14%

interactive financial has received an Administrative Warning Letter from the Securities and Exchange Board of India (SEBI). The communication, dated May 19, 2026, was received by the company on May 22, 2026. The regulatory action follows an examination concerning the SME IPO of Rachana Infrastructure Limited, where Interactive Financial Services acted as the merchant banker.

Details of the Violation

SEBI identified a discrepancy in the Order Book disclosed in the prospectus dated May 09, 2022. The document stated the value of a specific construction project as Rs 140 crores, representing 19% of the total contract value. However, the Joint Venture Agreement specified that only 5% of the contract value was allocated to the company. Consequently, the Offer Document was found to lack true and adequate disclosure regarding the Order Book value.

Regulatory Non-Compliance

The regulator determined that the failure to conduct adequate due diligence and ensure proper care constituted a violation of specific regulations. The lapses fall under Regulation 245 (3) of the ICDR Regulations, read with Regulation 13 and Clause 4 of Schedule III of the SEBI (Merchant Bankers) Regulations, 1992.

Particulars	Details
Name of the Authority	Securities and Exchange Board of India
Nature of Action	Administrative Warning issued by SEBI
Date of Receipt	May 22, 2026
Impact	No material impact on financials/operations of the Company

Company Response

In its filing to the stock exchanges, Interactive Financial Services Limited disclosed the receipt of the warning letter bearing reference number HO/49/13/11(278)2026-CFD-SEC3I/11849/2026. The company confirmed that the regulatory development does not have a material impact on its financial or operational activities. SEBI has advised the entity to improve compliance standards to prevent recurrence, warning that failure to do so could result in appropriate enforcement action.