Innovision Limited Clarifies XBRL Filing Discrepancies for FY26 Results
Innovision Limited provided clarifications to the NSE regarding deficiencies in its audited financial results submission for the quarter and year ended March 31, 2026. The company addressed XBRL filing discrepancies related to decimals and data mapping errors, and confirmed an unmodified audit opinion was issued by its auditors. Corrected filings have been submitted.
This announcement is a response to a regulatory query and clarification of past filings. It does not introduce new business performance data, strategic changes, or significant financial events that would materially impact the company's valuation or operations.
The announcement is a clarification of previously submitted financial results and addresses technical discrepancies and omissions. While the company confirms its compliance and commitment to governance, the core of the announcement is procedural rather than indicative of new positive or negative business developments.
Innovision Limited has responded to the National Stock Exchange of India (NSE) regarding deficiencies observed in the outcome of their board meeting for financial results submitted on May 28, 2026. The company clarified that the discrepancies in the XBRL filing were due to inadvertent data mapping errors, particularly concerning decimals.
Specific issues addressed include a mismatch between Standalone XBRL and PDF figures, which was attributed to data entry errors. Additionally, a mismatch in Standalone and Consolidated Earnings Per Equity Share for discontinued operations occurred because EPS for discontinued operations was inadvertently populated in the XBRL filing, despite no profit or loss from such operations. Discrepancies in the Consolidated Cash Flow Statement were also noted as decimal-related mapping errors. Innovision Limited has submitted a corrected XBRL filing incorporating the accurate financial information as approved by the Board of Directors.
Furthermore, the company regretted the omission in submitting a declaration confirming the unmodified audit opinion. They confirmed that the Statutory Auditors have issued an Unmodified Audit Opinion on both Standalone and Consolidated Financial Statements for the financial year ended March 31, 2026. The requisite Declaration has been submitted in compliance with SEBI regulations. Innovision Limited has requested the NSE to record the corrected filings and clarifications, treating the matter as duly complied with.
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Innovision Limited filed this with the NSE as a statutory disclosure, categorised under other regulatory filings. It is a primary document, not a recommendation, and the desk marks it low impact, the band that almost never moves a portfolio on its own.
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See the model portfoliosA plain-language summary of a public exchange filing by Innovision Limited. Read the original for the full detail.