ImportantUpdates

TV Vision's Board approved Q1 financial results, reporting a consolidated loss of ₹5.19 Cr.

TV Vision Limited logo
TV Vision LimitedTVVISION · Filed with the exchange

Auditors flagged "material uncertainty" regarding the company's ability to continue as a going concern, citing recalled loans, high liabilities, and negative equity.

The audit opinion is qualified due to significant unprovided items: an estimated ₹3.47 Cr in interest on NPA loans, no impairment on ₹23.53 Cr business rights, and no write-down for ₹33.12 Cr in investments.

These omissions understate losses and overstate assets/liabilities.

The Board also re-appointed an Independent Director and appointed new Secretarial Auditors.

The registered office shifted floors.

Read the original filing(PDF)

No comments yet. Be the first.

More from TV Vision Limited

All announcements