Akg Exim Limited (AKG) has submitted its Integrated Financial Filing for the quarter and year ended March 31, 2025, including the Independent Auditor’s Reports for both standalone and consolidated financial statements.

• Standalone Financial Statements (for the year ended March 31, 2024, as per the auditor's report, though the overall filing is for 2025):

• The auditors, Dharam Taneja Associates, provided an unmodified opinion, stating that the standalone financial statements present a true and fair view of the company’s affairs.

• The company has maintained proper records for Property, Plant, and Equipment and Intangible Assets, with physical verification confirming no material discrepancies. Title deeds are held in the company's name, and assets were revalued based on market rates.

• Inventory verification was conducted periodically with no discrepancies, and inventory was revalued based on prevailing market rates.

• Loans and advances amounting to ₹2.06 crore (₹2,06,36,408) were granted to certain companies, with terms confirmed as non-prejudicial and repayments being received as per agreed terms, with no overdue amounts.

• The company has complied with Sections 185 and 186 of the Companies Act, 2013, regarding loans and investments.

• Undisputed statutory dues are generally regular, with no outstanding dues for more than six months.

• The company is involved in several disputed statutory dues and legal cases, including:

  • Five cases pending in Rohini Courts, Delhi, with amounts totaling ₹35.68 lakh (Peptech Pvt Limited), ₹74.28 lakh (R. B. Enterpries), ₹72.78 lakh (Om Brothers), ₹34.39 lakh (Ashirwad Timbers), and ₹37.80 lakh (R & N Metal (Pvt.) Ltd.).
  • Two cases settled and closed, involving ₹25.24 lakh (Sidhant Timbers) and ₹10.94 lakh (Santosh Natural Resources Ltd.).
  • A case pending in GOA Court for ₹1.08 crore (₹1,08,43,783) with Global Ispaat Private Limited.
  • A fraud case against Mr. Rajeev Goel, a Director, in his individual capacity.
  • A fraud case by CBI against AKG Exim and Rajeev Goel, pending in Ghaziabad District Court, Uttar Pradesh.

• The company has not defaulted on repayment of loans or borrowings.

• An accounting policy change was made for the valuation of inventories, applied retrospectively, with the effect on results not determinable.

• Consolidated Financial Statements (for the year ended March 31, 2025):

• The auditors issued an unmodified opinion, stating that the consolidated financial statements present a true and fair view of the Group’s consolidated financial position, profit/loss, and cash flows.

• The audit did not cover one subsidiary whose financial statements were considered in the consolidated report, with the opinion based solely on financials provided by management for this subsidiary.