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ABCOTS - AB Cotspin

📊 NSE: ABCOTS 🏢 Textiles - Cotton/Blended 📅 Last Updated: 12/13/2025 17:45

📢 Recent Corporate Announcements

A B Cotspin Clarifies No Undisclosed Information Behind Recent Price Movement

🟡 NEUTRAL ⭐ 3/10

ROUTINE 📅 29 Apr 2026, 10:38 AM

A B Cotspin India Limited has responded to a surveillance query from the National Stock Exchange regarding significant movement in its share price. The company officially stated on April 29, 2026, that it is not aware of any undisclosed price-sensitive information or impending events that require disclosure. Management maintains that all material information has been promptly shared with the exchanges as per SEBI regulations. Consequently, the company attributes the recent volatility in its stock price to purely market-driven factors.

Response filed on April 29, 2026, following NSE surveillance letter dated April 28, 2026
Company confirms zero undisclosed price-sensitive information (UPSI) or impending material events
Affirms strict adherence to SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
Attributes recent stock price volatility entirely to external market factors beyond company control

💡 As the company has confirmed no new fundamental developments, investors should exercise caution and avoid speculative trading based solely on price volatility. Monitor upcoming quarterly results for any actual business performance changes.

AB Cotspin India Clarifies FY25 Results and Approves ₹1500 Crore Expansion Plan

🟢 POSITIVE ⭐ 8/10

EXPANSION 📅 13 Apr 2026, 06:24 PM

A B Cotspin India Limited has addressed regulatory clarifications from the NSE regarding its half-yearly financial results for the period ended March 31, 2025. The company is actively pursuing a migration from the SME platform to the Main Board of both NSE and BSE, having filed applications in June 2025. Most significantly, the Board has authorized a massive expansion and investment plan in the textile industry with a budget of up to ₹1500 crore. The audited financial results for FY25 have been re-confirmed with an unmodified opinion from the statutory auditors.

Board authorized business expansion, investments, and acquisitions in the textile industry up to ₹1500 crore.
Company filed for migration from the SME platform to the Main Board of NSE and BSE on June 9-10, 2025.
Clarified half-yearly financial figures for the period ended March 31, 2025, following NSE queries.
Statutory auditors issued an unmodified opinion on both standalone and consolidated financial results for FY25.
Company voluntarily submitted quarterly results to maintain higher corporate governance standards during the migration process.

💡 Investors should view the ₹1500 crore expansion plan and the move to the Main Board as significant growth catalysts that could improve liquidity and scale. Monitor the execution timeline of the expansion and the final approval for Main Board listing.

A B Cotspin India Submits Q4 FY26 SEBI Regulation 74(5) Compliance Certificate

🟡 NEUTRAL ⭐ 2/10

ROUTINE 📅 10 Apr 2026, 01:58 PM

A B Cotspin India Limited has submitted its compliance certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended March 31, 2026. The Registrar and Share Transfer Agent, MUFG Intime India Private Limited, confirmed that no demat requests were received or processed during this period. The filing also explicitly states that the company does not have any shares in physical form. This is a standard regulatory procedure to ensure the integrity of electronic shareholding records.

Compliance certificate filed for the quarter ended March 31, 2026.
Zero demat requests were received or processed by the Registrar during the quarter.
Confirmation provided that the company has no physical shares outstanding.
The certificate was issued by MUFG Intime India Private Limited (formerly Link Intime India).

💡 This is a routine administrative filing with no impact on the company's fundamentals or stock price. No action is required from investors.

ABCOTS Appoints MD Deepak Garg as Chief Investor Relations Officer

🟡 NEUTRAL ⭐ 4/10

MANAGEMENT 📅 30 Mar 2026, 05:25 PM

A B Cotspin India Limited has appointed its Managing Director, Mr. Deepak Garg, as the Chief Investor Relations Officer (CIRO) effective March 30, 2026. This appointment was finalized during a board meeting held on the same day between 12:30 P.M. and 02:55 P.M. The board also approved a revised Code of Conduct for the prevention of Insider Trading and a revised Code for Fair Disclosure of Unpublished Price Sensitive Information (UPSI). These steps are aimed at strengthening the company's compliance with SEBI's Prohibition of Insider Trading regulations.

Mr. Deepak Garg, Managing Director, designated as Chief Investor Relations Officer effective March 30, 2026.
Board meeting held on March 30, 2026, concluded at 02:55 P.M. to approve governance revisions.
Revised Code of Conduct for Prevention of Insider Trading and Fair Disclosure of UPSI adopted.
The CIRO will be responsible for ensuring uniform and universal dissemination of price-sensitive information.

💡 This is a routine regulatory and governance update. No immediate action is required as it does not impact the company's financial fundamentals.

AB Cotspin India Revises Insider Trading Code; Appoints MD Deepak Garg as CIRO

🟡 NEUTRAL ⭐ 4/10

REGULATORY 📅 30 Mar 2026, 05:20 PM

A B Cotspin India Limited has updated its governance framework by approving a revised Code of Conduct for Prevention of Insider Trading and a Code for Fair Disclosure of Unpublished Price Sensitive Information (UPSI), effective March 30, 2026. The Board has appointed Managing Director Mr. Deepak Garg as the Chief Investor Relations Officer (CIRO) to oversee the dissemination of material information. These changes are aimed at ensuring compliance with SEBI (Prohibition of Insider Trading) Regulations and maintaining transparency with stakeholders. The move formalizes the process for handling price-sensitive data and responding to market rumors.

Board approved revised Code of Conduct for Insider Trading and Fair Disclosure of UPSI effective March 30, 2026.
Managing Director Mr. Deepak Garg appointed as the Chief Investor Relations Officer (CIRO) for information dissemination.
The policy mandates that any inadvertent selective disclosure of UPSI must be made public within 24 hours.
The revised code explicitly defines UPSI to include financial results, dividends, capital structure changes, and M&A activities.

💡 This is a routine regulatory update to align with SEBI norms and does not impact the company's fundamentals. Investors should note the formalization of communication channels through the newly appointed CIRO.

A B Cotspin India Appoints MD Deepak Garg as CIRO and Revises Insider Trading Codes

🟡 NEUTRAL ⭐ 4/10

BOARD_MEETING 📅 30 Mar 2026, 03:03 PM

A B Cotspin India Limited held a board meeting on March 30, 2026, to update its internal governance and compliance frameworks. The board approved revised codes for the prevention of insider trading and the fair disclosure of unpublished price sensitive information (UPSI). A key outcome was the appointment of Managing Director Mr. Deepak Garg as the Chief Investor Relations Officer (CIRO). These updates are effective immediately and aim to align the company with the latest SEBI regulatory requirements.

Board meeting held on March 30, 2026, concluded at 02:55 P.M. after a session of approximately 2.5 hours.
Managing Director Deepak Garg officially designated as the Chief Investor Relations Officer (CIRO) for UPSI dissemination.
Approval and implementation of revised Code of Conduct for Prevention of Insider Trading effective from March 30, 2026.
The revisions incorporate guidelines from the SEBI Master Circular dated January 30, 2026.
The company established a 24-hour window for public disclosure if UPSI is inadvertently leaked to a selective group.

💡 This is a routine governance and regulatory update that does not impact the company's fundamentals. Investors should maintain their current positions while noting the improved transparency protocols.

ABCOTS Reaffirms Credit Ratings; Long-Term Facilities Enhanced to Rs 147.51 Cr

🟡 NEUTRAL ⭐ 6/10

REGULATORY 📅 27 Mar 2026, 05:59 PM

Infomerics Valuation and Rating Pvt Ltd has reaffirmed the credit ratings for A B Cotspin India Limited, maintaining a stable outlook. The long-term bank facilities rating stands at IVR BBB/Stable, while the short-term rating is IVR A3+. Notably, the company has significantly increased its rated long-term bank facilities from Rs. 93.68 crore to Rs. 147.51 crore. The total rated bank facilities now amount to Rs. 161.51 crore, reflecting an expansion in the company's borrowing profile while maintaining credit quality.

Long-term bank facilities rating reaffirmed at IVR BBB/Stable
Short-term bank facilities rating reaffirmed at IVR A3+
Long-term rated facilities enhanced from Rs. 93.68 crore to Rs. 147.51 crore
Total bank facilities under rating increased to Rs. 161.51 crore
Rating assessment included audited FY2025 and unaudited 9MFY26 performance

💡 Investors should view the reaffirmation of ratings as a sign of financial stability despite the increase in debt facilities. Monitor the company's upcoming quarterly results to ensure that the increased leverage is being utilized for productive capacity expansion.

AB Cotspin Shareholders Approve Material Related Party Transactions with 100% Majority

🟡 NEUTRAL ⭐ 6/10

REGULATORY 📅 03 Mar 2026, 03:37 PM

A B Cotspin India Limited has successfully passed an ordinary resolution through a postal ballot for material related party transactions with AB Cotton Textiles Private Limited. The resolution received unanimous support, with 100% of the 1.64 crore valid votes cast in favor. This includes full participation from the promoter group (1.15 crore votes) and support from public non-institutional shareholders (48.9 lakh votes). The approval ensures the company remains compliant with SEBI (LODR) Regulations while conducting business with its related entity.

Unanimous 100% approval for material related party transactions with AB Cotton Textiles Private Limited.
Total of 1,64,20,358 valid votes were cast in favor with zero votes against the resolution.
Promoter group contributed 1,15,29,842 votes, representing 100% of their holding.
Public non-institutional shareholders cast 48,90,516 votes, showing a 46.87% turnout for that category.
The resolution is deemed passed as of March 01, 2026, following the conclusion of the e-voting period.

💡 Investors should monitor future financial disclosures to ensure these related party transactions are conducted at arm's length and do not adversely affect minority interests. The unanimous voting result indicates strong alignment between the management and the current shareholder base.

A B Cotspin Q3 FY26: Revenue Up 30.37% YoY; 9M Net Profit Rises 36.67%

🟢 POSITIVE ⭐ 8/10

EARNINGS 📅 11 Feb 2026, 06:10 PM

A B Cotspin reported strong Q3 FY26 revenue growth of 30.37% YoY, although 9M FY26 revenue declined 8.66% to ₹194.66 Cr. Despite the 9M revenue dip, the company achieved significant margin expansion, with EBITDA margins rising 568 BPS to 16.83% and Net Profit growing 36.67% to ₹11.07 Cr. The company is aggressively expanding capacity with a ₹1,500 Cr plan for 2,00,000 spindles and has diversified into real estate with an ₹18 Cr land acquisition in Ludhiana. External tailwinds, including reduced US tariffs on Indian textiles and disruptions in Bangladesh, provide a favorable outlook for exports.

Q3 FY26 revenue grew by 30.37% YoY, while 9M FY26 Net Profit increased by 36.67% to ₹11.07 Cr.
EBITDA margins expanded significantly by 568 BPS to 16.83% during the 9M FY26 period.
Operational capacity reached 50,832 spindles with a massive ₹1,500 Cr expansion plan for 2,00,000 more spindles.
Diversified into real estate with an ₹18 Cr land acquisition for a premium project in Ludhiana.
Solar power capacity increased to 3,131 KW to support green manufacturing and cost efficiency.

💡 Investors should monitor the execution of the massive ₹1,500 Cr expansion plan and the company's ability to capitalize on favorable US trade policies. The significant margin improvement and Main Board listing suggest a strengthening fundamental profile.

A B Cotspin Q3 Results: Revenue Jumps 30% YoY to ₹77.13 Cr, Net Profit Dips to ₹3.40 Cr

🟡 NEUTRAL ⭐ 7/10

EARNINGS 📅 11 Feb 2026, 04:41 PM

A B Cotspin India Limited reported a strong 30.2% year-on-year increase in quarterly revenue to ₹7,713.47 lacs for the quarter ended December 31, 2025. However, net profit for the quarter declined by 16.7% YoY to ₹339.77 lacs, down from ₹408.08 lacs, primarily due to a sharp rise in material consumption costs. On a nine-month basis, the company's performance remains robust with net profit growing 39.4% to ₹1,130.24 lacs despite a slight dip in overall nine-month revenue. The company also noted the conversion of 55.44 lakh warrants into equity shares earlier in the fiscal year.

Quarterly Revenue from Operations increased 30.2% YoY to ₹7,713.47 lacs.
Net Profit for Q3 FY26 stood at ₹339.77 lacs compared to ₹408.08 lacs in Q3 FY25.
Nine-month (9M) Net Profit grew by 39.4% to ₹1,130.24 lacs from ₹810.64 lacs YoY.
Cost of materials consumed for the quarter rose to ₹6,107.02 lacs, impacting margins.
Basic EPS for the quarter decreased to ₹1.55 from ₹2.93 in the year-ago period.

💡 Investors should monitor the impact of rising raw material costs on operating margins, as the top-line growth is not currently translating into bottom-line gains for the quarter. While the nine-month trajectory is positive, the sequential and YoY profit dip suggests a cautious 'hold' until margins stabilize.

A B Cotspin Q3 FY26 Revenue Rises 30% YoY to ₹77.13 Cr; PAT Dips to ₹3.40 Cr

🟡 NEUTRAL ⭐ 7/10

EARNINGS 📅 11 Feb 2026, 04:14 PM

A B Cotspin reported a 30.2% YoY increase in quarterly revenue to ₹77.13 crore for Q3 FY26. However, net profit for the quarter declined to ₹3.40 crore from ₹4.08 crore in the previous year, reflecting margin pressure. For the nine-month period, the company showed improved profitability with a PAT of ₹11.30 crore compared to ₹8.11 crore last year. Notably, EPS for the quarter fell sharply to ₹1.55 from ₹3.96 YoY, largely due to equity dilution from warrant conversions.

Revenue from operations grew 30.2% YoY to ₹7,713.47 lacs in Q3 FY26.
Net Profit for the quarter stood at ₹339.77 lacs, down from ₹408.08 lacs in Q3 FY25.
9M FY26 PAT increased by 39.4% YoY to ₹1,130.24 lacs despite a 8.7% dip in 9M revenue.
EPS for the quarter decreased to ₹1.55 from ₹3.96 in the corresponding quarter last year.
The company converted 55,44,280 warrants into equity shares during the current financial year.

💡 Investors should be cautious about the significant EPS dilution resulting from recent warrant conversions and monitor if the company can sustain revenue growth while improving margins. The stock may see some volatility as the market digests the YoY decline in quarterly profitability.

AB Cotspin Seeks Shareholder Approval for ₹85 Crore Related Party Transactions

🔵 WATCH ⭐ 6/10

REGULATORY 📅 30 Jan 2026, 06:05 PM

A B Cotspin India Limited has issued a postal ballot notice to seek shareholder approval for material related party transactions with AB Cotton Textiles Private Limited. The proposed transactions involve an aggregate value of up to ₹85 crore for a period of one year. The company states these transactions will be conducted at arm's length and in the ordinary course of business. The remote e-voting period for shareholders is scheduled from January 31, 2026, to March 1, 2026.

Proposed material related party transactions with AB Cotton Textiles Private Limited up to ₹85 crore.
Transactions intended for a one-year duration following shareholder approval.
Remote e-voting period set from January 31, 2026, to March 1, 2026, with a cut-off date of January 23, 2026.
Resolution proposed as an Ordinary Resolution under Regulation 23 of SEBI LODR.

💡 Investors should review the necessity and pricing of these related party transactions to ensure they do not adversely affect minority shareholder interests. Monitor the voting results to be announced after March 1, 2026.

A B Cotspin India FY24 PAT Surges 246% to ₹6.70 Cr; Clarifies Financial Submission

🟢 POSITIVE ⭐ 7/10

EARNINGS 📅 16 Jan 2026, 11:51 AM

A B Cotspin India Limited has submitted revised audited financial results for FY24 following a clarification sought by the NSE regarding missing administrative details in its initial filing. The company reported a robust performance with revenue from operations growing 51% year-on-year to ₹255.77 crore. Net profit saw a significant jump of 246%, reaching ₹6.70 crore compared to ₹1.93 crore in the previous fiscal. While the earnings growth is strong, the company also saw a notable increase in current borrowings and trade receivables.

Revenue from operations increased by 51.2% YoY to ₹25,576.55 Lacs in FY24.
Net Profit (PAT) grew substantially by 246.5% to ₹669.84 Lacs from ₹193.30 Lacs in FY23.
Basic Earnings Per Share (EPS) improved significantly to ₹6.51 from ₹1.88 in the previous year.
Current borrowings increased to ₹7,666.95 Lacs from ₹4,514.56 Lacs, indicating higher working capital needs.
Trade receivables rose sharply to ₹3,816.20 Lacs compared to ₹1,346.11 Lacs in FY23.

💡 The company demonstrates strong operational momentum and profit growth, making it a positive outlook for growth-oriented investors. However, monitor the rising debt levels and trade receivables to ensure efficient working capital management.

A B Cotspin India Submits Q3 FY26 SEBI Regulation 74(5) Compliance Certificate

🟡 NEUTRAL ⭐ 2/10

ROUTINE 📅 12 Jan 2026, 05:49 PM

A B Cotspin India Limited has filed its quarterly compliance certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 for the period ended December 31, 2025. The company's Registrar and Share Transfer Agent, MUFG Intime India Private Limited, confirmed that no dematerialization requests were received during this quarter. Notably, the filing mentions that the company does not have any physical shares, indicating a fully digitized shareholding structure. This is a standard administrative disclosure required by SEBI to ensure the reconciliation of share capital.

Compliance certificate submitted for the quarter ended December 31, 2025
Registrar MUFG Intime India confirmed zero demat requests were processed during the period
Company confirmed it has no physical shares outstanding
Filing is a routine requirement under SEBI (Depositories and Participants) Regulations, 2018

💡 This is a routine regulatory filing with no impact on the company's financial performance or business operations. No action is required from investors.

A B Cotspin India Limited Announces Trading Window Closure from January 1, 2026

🟡 NEUTRAL ⭐ 3/10

ROUTINE 📅 29 Dec 2025, 04:50 PM

A B Cotspin India Limited has announced the closure of its trading window for all designated persons starting January 1, 2026. This is a mandatory regulatory requirement under SEBI (Prohibition of Insider Trading) Regulations, 2015, preceding the announcement of financial results. The closure pertains to the unaudited financial results for the quarter ending December 31, 2025. The trading window will reopen 48 hours after the results are officially declared to the stock exchanges.

Trading window closure to commence from January 01, 2026
Closure is in anticipation of Q3 FY2025-26 financial results for the period ending December 31, 2025
Restriction applies to all 'Designated Persons' and their immediate relatives as per company code
The window will remain closed until 48 hours after the financial results are made public
Board meeting date for result approval to be announced in due course

💡 This is a routine regulatory filing and does not impact the company's fundamentals. Investors should wait for the announcement of the board meeting date to track the upcoming Q3 earnings performance.

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💰 Financial Performance

Revenue Growth by Segment

The company operates in a single business segment, 'Cotton Ginning', which generated revenue of INR 298.06 Cr in FY 2024-25, representing a growth of 16.54% compared to INR 255.77 Cr in FY 2023-24.

Geographic Revenue Split

While specific percentage splits are not disclosed, the company is headquartered in Jaitu, Punjab, and is actively expanding its procurement and operational footprint into the states of Madhya Pradesh and Maharashtra to leverage regional cotton availability.

Profitability Margins

Net Profit Margin improved to 3.35% in FY 2024-25 from 2.62% in FY 2023-24, a 27.86% YoY improvement. Operating Profit Margin increased from 2.99% to 3.60% (+61 bps) due to better scale and cost management.

EBITDA Margin

EBITDA stood at INR 32.64 Cr in FY 2024-25, a growth of 18.10% YoY from INR 27.64 Cr. The calculated EBITDA margin is approximately 10.95%, reflecting improved operational efficiency despite sluggish demand in the broader textile industry.

Capital Expenditure

The company is planning expansion into Madhya Pradesh and Maharashtra funded through bank finance, internal accruals, and government incentives; however, the exact INR Cr value for planned capex is not disclosed in the available documents.

Credit Rating & Borrowing

The company maintains a 'Stable' outlook from IVR (Infomerics). Borrowing costs are reflected in a finance cost of INR 10.40 Cr for FY 2024-25, which increased 11.28% YoY to support a total debt-to-equity ratio of 1.5x.

⚙️ Operational Drivers

Raw Materials

The primary raw material is Raw Cotton, which is processed through ginning. While the exact percentage of total cost is not specified, 'Cost of Material Consumed' is the largest expense component in the textile ginning process.

Import Sources

Raw materials are sourced domestically from major cotton-producing states including Punjab, Madhya Pradesh, and Maharashtra to ensure easy availability and reduced logistics costs.

Key Suppliers

Specific supplier names are not disclosed, but the company relies on a fragmented network of local farmers and traders within the textile hubs of North and Central India.

Capacity Expansion

The company is expanding operations into Madhya Pradesh and Maharashtra. Current capacity is not specified in MT, but rating sensitivities indicate a target to scale Total Operating Income (TOI) beyond INR 400 Cr.

Raw Material Costs

Profitability is highly susceptible to volatile raw cotton prices. The company manages this through a procurement strategy focused on 'location advantage' in textile hubs to minimize transit costs and ensure steady supply.

Manufacturing Efficiency

The company achieved a Profit Before Tax (PBT) of INR 13.45 Cr in FY 2024-25, a 59.26% increase YoY, indicating significant improvements in manufacturing throughput and cost absorption.

Logistics & Distribution

Distribution costs are managed by maintaining a diversified clientele across various regions, though specific logistics costs as a percentage of revenue are not provided.

📈 Strategic Growth

Expected Growth Rate

34%

Growth Strategy

The company aims to achieve a Total Operating Income exceeding INR 400 Cr by expanding its footprint into Madhya Pradesh and Maharashtra, diversifying its product profile within the cotton ginning and netting business, and leveraging government incentives for textile expansion.

Products & Services

The company provides Cotton Ginning services and produces ginned cotton and netting products for the textile industry.

Brand Portfolio

ABCOTS (AB Cotspin India Limited).

New Products/Services

The company is focusing on the 'Cotton Ginning and Netting' business as its primary reportable segment with ongoing efforts in product diversification.

Market Expansion

Targeting geographic expansion into Central India (MP and Maharashtra) to secure raw material supply and reach new textile manufacturing clusters.

Market Share & Ranking

Not disclosed, but the industry is described as 'highly fragmented and competitive'.

🌍 External Factors

Industry Trends

The textile industry is currently facing sluggish demand for yarn. However, the industry is evolving toward higher sustainability practices and environmental regulation compliance, which the company is proactively adopting.

Competitive Landscape

The industry is characterized by high fragmentation and cyclicality, with competition from both organized and unorganized players in the cotton ginning sector.

Competitive Moat

The company's moat is built on 'experienced promoters' (led by Sh. Deepak Garg), a 'long track record of operations', and 'location advantage' in textile hubs. These are sustainable but partially offset by the fragmented industry structure.

Macro Economic Sensitivity

The business is highly sensitive to climatic conditions affecting cotton crop yields and global demand for yarn, which influences the scale of ginning operations.

Consumer Behavior

Demand is driven by the global textile value chain; shifts toward sustainable and traceable cotton are emerging as key consumer trends.

Geopolitical Risks

Geopolitical uncertainties are noted as a complexity that could add to industry risks, particularly affecting the export of textile products.

⚖️ Regulatory & Governance

Industry Regulations

Operations are subject to the Companies Act 2013, Ind AS accounting standards, and specific textile industry regulations. The company maintains cost records as prescribed under Section 148(1) of the Act.

Environmental Compliance

The company acknowledges evolving environmental regulations as an industry complexity and is prioritizing sustainability practices, though specific ESG costs are not disclosed.

Taxation Policy Impact

Total Tax Expenses for FY 2024-25 were INR 3.46 Cr (calculated as PBT of 13.45 Cr minus PAT of 9.99 Cr), representing an effective tax rate of approximately 25.7%.

Legal Contingencies

The company has disclosed pending litigations in Note 49 of its financial statements that would impact its financial position; however, the specific case values in INR are not provided in the summary.

⚠️ Risk Analysis

Key Uncertainties

Key risks include raw material price volatility (impacts margins by ~50-100 bps) and climatic risks affecting cotton supply.

Geographic Concentration Risk

Operations are currently concentrated in the Punjab textile hub, with a strategic move to reduce this by expanding into MP and Maharashtra.

Third Party Dependencies

High dependency on the agricultural sector for raw cotton supply and bank finance for expansion projects.

Technology Obsolescence Risk

The auditor noted that the 'audit trail (edit log) facility' in the accounting software was not operated throughout the year, indicating a need for digital governance upgrades.