Limited Review
A limited review is a quarterly review of financial statements which is usually narrower in its scope as compared to statutory audit. Unlike in a statutory audit where the purpose is to express an audit opinion, in a limited review, the reviewer just states in the limited review report that there is no reason to believe that the financial statements are materially misstated.
Limited review is mandatory for all the listed entities and those entities whose accounts are to be consolidated with the listed entity as per SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015