26-Jun-2026 19:31:08

ANTARCTICA LIMITED REPORTS DISCLAIMER OF OPINION ON AUDITED FINANCIAL RESULTS FOR FY26

• Auditors unable to verify unsecured loans due to non-availability of loan agreements and non-charging of interest. • Physical verification of inventory not performed, preventing assurance on existence, valuation, and realizability. • Management did not recognize deferred tax assets/liabilities, stating no timing differences existed. • Fixed Assets Register not maintained, hindering verification of Property, Plant, and Equipment. • Trade and other receivables outstanding for a considerable period without balance confirmations, raising recoverability concerns. • Company has trade payables outstanding; no vendors identified as MSMEs.

Antarctica Limited

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