Audited Financial Results (standalone) for the Fourth Quarter and year ended as on 31st March, 2026
RESULTS
◆ Monitor Closely
MEDIUM RISK
📅 Filed on BSE: 06 May 2026, 06:51 PM IST · BSE ID: fe728b55-8b05-456e-b563-288c5d156818
View Original BSE Filing (PDF)
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In Simple Terms
The company's board has approved its standalone financial results for the full year ending March 31, 2026.
🤖 AI Summary
- Vikalp Securities Board approved the Audited Financial Results (Standalone) for the fourth quarter and year ended March 31, 2026.
- M/s. Rajeshkumar P. Shah & Co., Statutory Auditors, issued an unmodified audit opinion on the financial statements.
- The Board meeting, held on May 6, 2026, commenced at 04:30 PM and concluded at 05:15 p.m.
- The filing was made pursuant to Regulations 30, 33 and other applicable SEBI (LODR) Regulations, 2015.
🏢 How This Affects the Company
The auditor's Emphasis of Matter highlights the company's deployment of funds for unsecured loans without RBI registration under Section 45-IA of the RBI Act, 1934.
👥 What This Means For Shareholders
✅
Action Required
No immediate action is required by shareholders based on this filing.
👤
Who Is Affected
All shareholders are affected by the company's financial reporting and compliance status, particularly the auditor's Emphasis of Matter regarding RBI registration.
🔍
Management Signal
The management's action to take on record the auditor's report with an Emphasis of Matter indicates awareness of the compliance issue.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Official disclosure of the actual standalone financial results for Q4 and FY26.
Any further clarification or action by the company regarding RBI registration for unsecured loans.
Future disclosures on regulatory compliance status, especially concerning NBFC activities.
MEDIUM RISK
The auditor's Emphasis of Matter points to a regulatory compliance issue regarding RBI registration for unsecured loans.
💡 Investor Takeaway
Vikalp Securities' Board approved standalone audited financial results for Q4 and FY26. Auditors issued an unmodified opinion, but noted an Emphasis of Matter concerning the company's unsecured loans without RBI registration under Section 45-IA.
⚖️ Strengths & Concerns
✅ Positives
- The statutory auditors, M/s. Rajeshkumar P. Shah & Co., issued an unmodified audit opinion on the financial statements for FY26.
- The Board of Directors met as scheduled and approved the audited standalone financial results for the full financial year.
⚠️ Concerns
- The auditor's report includes an Emphasis of Matter regarding the company giving unsecured loans without RBI registration under Section 45-IA of the RBI Act, 1934.
- The filing does not include the actual financial numbers, preventing an assessment of performance for Q4 and FY26.
📅 Company Track Record
Vikalp Securities Ltd had previously informed BSE on April 30, 2026, that its Board of Directors would meet on May 6, 2026, to approve the FY26 Audited Financial Results. This filing confirms the completion of that board meeting and approval.
Based on publicly available historical data. For context only.