539594 2025-10-01 2025-12-31 539594 2025-04-01 2025-12-31 539594 2025-10-01 2025-12-31 in-capmkt:OtherExpenses1Member 539594 2025-04-01 2025-12-31 in-capmkt:OtherExpenses1Member 539594 2025-10-01 2025-12-31 AuditorDomain1 539594 2025-10-01 2025-12-31 in-capmkt:AuditedMember 539594 2025-12-31 in-capmkt:AuditedMember 539594 2025-10-01 2025-12-31 in-capmkt:AdjustedMember 539594 2025-12-31 in-capmkt:AdjustedMember 539594 2025-10-01 2025-12-31 AuditQualification1 539594 2025-10-01 2025-12-31 AuditQualification2 539594 2025-10-01 2025-12-31 AuditQualification3 539594 2025-10-01 2025-12-31 AuditQualification4 539594 2025-10-01 2025-12-31 AuditQualification5 iso4217:INR iso4217:INR xbrli:shares 539594 NOTLISTED MISHTANN INE094S01041 MISHTANN FOODS LIMITED Main Board Equity 2025-04-01 2026-03-31 2026-02-13 2026-02-09 INR Lakhs Quarterly Third quarter Single segment BASMATI RICE, DAL, SALT 2026-02-13 15:00:00 2026-02-13 15:35:00 Statement on impact of audit qualification false false NOT APPLICABLE. 2025-10-01 2025-12-31 Unaudited Standalone 712977000 139000 713116000 687583000 0 0 421000 3781000 1180000 8030000 700995000 12121000 0 12121000 4816000 0 4816000 0 7305000 0 0 0 0 7305000 0 7305000 1077613000 1 0.01 0.01 0 0 0.01 0.01 1. The above results were reviewed and recommended by Audit Committee and approved by the Board of Directors at its meeting held on February 13, 2026. The statutory auditor has carried out a "Limited Review" of financial results for the period ended 31st December, 2025 and have issued a modified report (qualified opinion) on these results. <BR> 2. The Company has only single Reportable Business Segment in terms of requirements of Ind AS 108. <BR> 3. Previous quarter’s figures have been re-grouped / re-arranged wherever necessary. <BR> 4.These Un-audited Standalone Financial Results are prepared in accordance with the Indian Accounting Standards (IND AS) as prescribed under Section 133 of the Companies Act read with rule 3 of the Companies (Indian Accounting Standards) Rules, 2015 and Companies (Indian Accounting Standards) Amendment Rules, 2016. 2025-04-01 2025-12-31 Unaudited Standalone 2119736000 616000 2120352000 2038165000 0 0 2282000 12924000 3528000 21219000 2078118000 42234000 0 42234000 15472000 0 15472000 0 26762000 0 0 0 0 26762000 0 26762000 1077613000 1 0.02 0.02 0 0 0.02 0.02 OTHER EXPENSES 8030000 OTHER EXPENSES 21219000 Unaudited Qualified opinion H Thakkar & Co. LLP true 2027-05-31 712977000 712977000 700995000 700995000 7305000 7305000 0.01 0.01 5789990000 5789990000 2868553000 2868553000 2921436000 2921436000 The Company has received an Interim Order cum Show Cause Notice dated December 5, 2024, from the Securities and Exchange Board of India (SEBI), alleging that a substantial portion of the sales and purchase transactions recorded during the period from FY 201718 to FY 202324 were fictitious. The financial statements also reflect high trade receivables, constituting approximately 97% of the total assets as of September 30, 2024. Further, SEBI has alleged misutilisation of rights issue proceeds amounting to Rs. 4,990.00 lakhs. Qualified opinion Repetitive Not Applicable. Not Applicabe. The management has denied all allegations and is pursuing legal remedies. In the absence of a conclusive resolution and considering the seriousness of the observations, we are unable to comment on the potential impact of these matters on the standalone financial results. The Company has not implemented accounting software that includes an audit trail feature as mandated under Rule 3(1) of the Companies (Accounts) Rules, 2014 (as amended). Qualified opinion Repetitive Not Applicable. Not Applicabe. Due to the volume of data, implementing an audit trail at this stage poses significant challenges. However, the Management is closely monitoring relevant updates and intends to implement the audit trail starting from the fourth quarter of FY 2025-26. Accordingly, we are unable to comment on the Companys compliance with this requirement. As per the financial statements, trade receivables amounting to Rs. 56,654.71 lakhs are outstanding as at the balance sheet date. However, no provision for Expected Credit Loss (ECL) has been made by the Company in accordance with Ind AS 109 Financial Instruments. Also, we draw attention to the fact that during the review period, the Company has not made any payments to its suppliers, nor has it received any collections from its customers. Qualified opinion Repetitive Not Applicabe. Not Applicabe. The trade receivable amount remains regular, with no instances of bad debt recorded in the past five years. Following the introduction of salt, a relaxed payment cycle was offered to facilitate market penetration. However, the Management plans to gradually tighten the cycle to ensure adherence to stipulated time limits. In the absence of such provision, we are unable to comment on the possible impact on the carrying value of trade receivables and the corresponding effect on the financial position and profit of the Company. The Company has received an order from the Goods and Services Tax (GST) Department covering the period from July 1, 2017 to July 17, 2022, raising a demand amounting to Rs. 20,684.38 lakhs, including penalties. The Company had earlier deposited Rs. 200.00 lakhs under protest. Qualified opinion Repetitive Not Applicabe. Not Applicabe. The Company has filed a Writ Petition before the Hon'ble High Court of Gujarat on 30th April 2025. The Company categorically denies all allegations made and seeks to have the impugned order quashed. As informed by the management, the Company intends to prefer an appeal against the said order. Accordingly, the amount has been treated as a contingent liability and no provision has been made in the financial statements. As per the records of the Company, the books of accounts reflect an income tax provision of Rs. 5,227.67 lakhs as of 31st March 2025 are remain unpaid as of the reporting date. Additionally, there is a disputed income tax demand amounting to Rs. 11,744.00 lakhs, as per the Income Tax Departments records, which is currently pending adjudication at the first appellate stage. Qualified opinion Repetitive Not Applicabe. Not Applicabe. The Management is of the opinion that the liability will not hamper its operations. However, they are taking all possible steps to legally mitigate this challenge. In spite of all this if the company still has to incur the liability, it has the necessary financial resilience to offset this liability. NA Hiteshkumar G. Patel Navinchandra D. Patel Rainy Ramesh Singhi M/s H Thakkar & Co. LLP Ahmedabad 2026-02-13