ARKADENSEArkade Developers LimitedHighNegative
Announced Fri, 16 Jan · 10:24 IST

The Exchange has sought clarification from Arkade Developers Limited for the quarter ended 30-Sep-2025 with respect to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. On basis of above the Company is required to clarify the following: -1. Financial results submitted in XBRL with discrepancies The response of the Company is awaited.

Regulatory & LegalExplain this filing

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AI summary

The National Stock Exchange has asked Arkade Developers to clarify discrepancies in the financial results it submitted in XBRL format for the quarter ended 30 September 2025, under Regulation 33 of SEBI's Listing Obligations and Disclosure Requirements. The query relates to the format/accuracy of the XBRL filing of its quarterly results, not the underlying numbers themselves at this stage. The company's response is currently awaited, and no penalty or action has been announced so far. This is part of the exchange's routine review process where it flags inconsistencies in how results are uploaded in the mandated digital format.

Likely market impact

No immediate impact on shareholders; this is a procedural compliance query rather than a penalty or enforcement action. Investors should wait for the company's clarification, as any unresolved XBRL discrepancies could delay the formal approval or acceptance of the Q2 results.