The Exchange had sought clarification from Aditya Birla Money Limited for the quarter ended 31-Dec-2023 with respect to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. On basis of above the Company was required to clarify the following: -1. Financial results not signed by authorized signatory/ies The response of the Company is enclosed.
BIRLAMONEY · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
NSE had sought clarification from Aditya Birla Money Limited because the unaudited financial results for the quarter and nine months ended December 31, 2023 were not signed by an authorized signatory. In response, the company submitted the certified copy of the board resolution dated January 12, 2024, which authorized Mr. Tushar Shah, Director of the Company, to sign and authenticate the financial results. The results were prepared as per IND AS, based on book value and fair valuation. The Company Secretary confirmed the submission for the Exchange's records.
This is a routine compliance clarification with no material financial or legal impact. The company has simply furnished the missing authorization document for results that were already approved, so shareholders and the stock price are unlikely to be affected.