One 97 Communications Ltd
Financial Results for the quarter and financial year ended March 31, 2026
RESULTS
● No Immediate Change
MEDIUM RISK
📅 Filed on BSE: 06 May 2026, 08:22 PM IST · BSE ID: bfcd9c94-235f-41fa-83f3-c93c757ad305
View Original BSE Filing (PDF)
💡
In Simple Terms
The company's board approved its financial results for the last quarter and full financial year, and re-appointed a director.
🤖 AI Summary
- Board approved audited standalone and consolidated financial results for Q4 and FY26.
- Re-appointment of Mr. Ashit Ranjit Lilani as Non-Executive Independent Director for 5 years, effective July 05, 2026.
- Statutory auditors issued an unmodified audit report on the financial results.
- A Show Cause Notice from Directorate of Enforcement regarding FEMA contraventions was highlighted.
🏢 How This Affects the Company
The re-appointment of an Independent Director ensures continuity in board oversight and governance structure.
The Emphasis of Matter in the auditor's report regarding a Show Cause Notice from the Directorate of Enforcement for FEMA contraventions introduces regulatory risk.
👥 What This Means For Shareholders
✅
Action Required
Shareholders are not required to take immediate action, but should review the full financial results once publicly available and the details of the Directorate of Enforcement notice.
👤
Who Is Affected
All shareholders are affected as the company's financial results are approved, and a regulatory matter concerning FEMA contraventions is highlighted. Future voting will be required for the director re-appointment.
🔍
Management Signal
The Board's decision to re-appoint an Independent Director signals intent for board stability, while acknowledging the regulatory notice without modification to the audit opinion.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Full detailed FY26 financial results — review specifics of revenue, profit, and balance sheet.
Details on the Directorate of Enforcement's Show Cause Notice — monitor company responses or updates.
Outcome of shareholder meeting for Mr. Ashit Ranjit Lilani's re-appointment.
MEDIUM RISK
The Emphasis of Matter in the auditor's report regarding the Directorate of Enforcement's FEMA notice presents a notable regulatory risk.
💡 Investor Takeaway
One 97 Communications Ltd. Board approved audited consolidated financial results for FY26. The auditor's report noted a Show Cause Notice from the Directorate of Enforcement regarding FEMA contraventions. The re-appointment of Mr. Ashit Ranjit Lilani as Independent Director for a second 5-year term is subject to shareholder approval.
⚖️ Strengths & Concerns
✅ Positives
- Statutory auditors, M/s S.R. Batliboi & Associates LLP, issued an unmodified audit report on the financial results.
- The re-appointment of Mr. Ashit Ranjit Lilani as Non-Executive Independent Director ensures continuity of experience on the Board.
⚠️ Concerns
- Auditor's report highlighted an Emphasis of Matter regarding a Show Cause Notice from Directorate of Enforcement concerning FEMA contraventions.
- The re-appointment of the Independent Director is subject to the approval of the Members of the Company.
📅 Company Track Record
Previous filings indicated One 97 Communications reported FY26 PAT of ₹552 Cr and revenue of ₹8,437 Cr. This current filing details the board's approval of these audited results and other corporate governance matters.
Based on publicly available historical data. For context only.