Redmax Footwears declares unmodified audit opinion for FY24

Redmax Footwears Limited has informed the stock exchange regarding the audit opinion on its financial results for the fiscal year ended March 31, 2024. The company's statutory auditor, M/s. Ashwani & Associates, Chartered Accountants, has issued an audit report with an unmodified opinion. This declaration was made in compliance with Regulation 33 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Change of Company Name

The company further disclosed that its name has been changed from Viaan Industries Limited to Redmax Footwears Limited. This change was effected via a letter from the Ministry of Corporate Affairs dated May 5, 2025. Redmax Footwears Limited is currently in the process of completing the formalities to change its name with the stock exchange. Consequently, the intimation was submitted on the new letterhead bearing the updated company name.

Auditor and Compliance Details

The audit report was issued by M/s. Ashwani & Associates, a firm of Chartered Accountants holding Firm's Registration No. 000497N. The unmodified opinion indicates that the financial statements present a true and fair view of the company's financial position and operating results in accordance with the applicable accounting standards. The communication was addressed to the Manager of the Listing Department at BSE Limited, referencing the company's scrip code 537524.

Redmax Footwears Limited (formerly known as Viaan Industries Limited) has filed its annual regulatory disclosure with BSE Limited under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, dated May 9, 2026. The filing was submitted by Company Secretary and Compliance Officer Teena Goel, along with a declaration from promoter Hemant Jindal confirming nil encumbrance on his shareholding for the financial year ended March 31, 2026.

Key Details of the Disclosure

The disclosure was addressed to both the Listing Department of BSE Limited and the Audit Committee of Redmax Footwears Limited. The following table summarises the key parameters of the filing:

Parameter:	Details
Company Name:	Redmax Footwears Limited (Formerly known as Viaan Industries Limited)
Filing Date:	May 9, 2026
Regulation:	Regulation 31(4) of SEBI (SAST) Regulations, 2011
Financial Year:	Ended March 31, 2026
Promoter Name:	Hemant Jindal
Promoter DIN:	00238742
Encumbrance Status:	Nil (No encumbrance, direct or indirect)
Submitted By:	Teena Goel, Company Secretary & Compliance Officer (Membership No. 52336)
Registered Office:	5th Floor, Unit No 507, Aggarwal Millenium Tower I, Netaji Subhash Place, Pitampura, Shakurpur I Block, North West Delhi – 110034
CIN:	LI5201DC1982PLC469647

Promoter's Declaration

In his disclosure, promoter Hemant Jindal confirmed his status as a promoter of the company as on March 31, 2026. He declared that no encumbrance — whether direct or indirect — was created on the shares held by him in the company during the financial year ended March 31, 2026. The declaration was digitally signed by Hemant Jindal on May 9, 2026.

Company Background

Redmax Footwears Limited noted in the disclosure that the company was acquired through the Insolvency and Bankruptcy Code process and is presently in the revival stage. The company operates under its current name, having formerly been known as Viaan Industries Limited.

Regulatory Context

The annual disclosure under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 requires promoters to confirm whether any encumbrance has been created on their shareholding during the relevant financial year. The filing by Redmax Footwears Limited fulfils this statutory obligation for the financial year ended March 31, 2026, and has been submitted to BSE Limited for record purposes.