CA Arvind Kapoor is conducting the statutory audit of Chem Energy Limited for the year ended 31st March, 2026. The audit is substantially complete…

Audit procedures relating to events occurring between the date of the financial statements and the date of the auditor's report The auditor shall perform audit procedures designed to obtain sufficient appropriate audit evidence that all events occurring between the date of the financial statements and the date of the auditor's report that require adjustment of, or disclosure in, the financial statements have been identified. The auditor is not, however, expected to perform additional audit procedures on matters to which previously applied audit procedures have provided satisfactory conclusions. The auditor shall perform the procedures required above so that they cover the period from the date of the financial statements to the date of the auditor's report, or as near as practicable thereto. The auditor shall take into account the auditor's risk assessment in determining the nature and extent of such audit procedures, which shall include the following: - (a) Obtaining an understanding of any procedures management has established to ensure that subsequent events are identified. (b) Inquiring of management and, where appropriate, those charged with governance as to whether any subsequent events have occurred which might affect the financial statements. (c) Reading minutes, if any, of the meetings, of the entity's owners, management and those charged with governance, that have been held after the date of the financial statements and inquiring about matters discussed at any such meetings for which minutes are not yet available. (d) Reading the entity's latest subsequent interim financial statements, if any. The auditor should perform audit procedures designed to obtain sufficient appropriate audit evidence that all events occurring between the date of the financial statements and the date of the auditor's report requiring adjustment of, or disclosure in, the financial statements have been identified. Such procedures should cover the period up to the date of the auditor's report, or as near as practicable thereto, and should include obtaining an understanding of management's procedures for identifying subsequent events, making inquiries of management and those charged with governance, reading minutes of relevant meetings, and reviewing the latest interim financial statements, if any.