Arshiya clarifies delayed financials under CIRP process
ARSHIYA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Arshiya Limited, currently under Corporate Insolvency Resolution Process (CIRP) under IBC 2016, has responded to NSE's clarification on delayed submission of financial results and non-submission of consolidated results for Q3 FY2026. The company stated that delays occurred due to operational challenges under CIRP, including coordination issues between the Resolution Professional, auditors, and finance teams. Consolidated results could not be prepared because some subsidiaries are also under CIRP and have not finalized their accounts. The Resolution Professional, Mr. Pankaj Mahajan, was appointed by NCLT Mumbai Bench.
Shareholders should note continued compliance delays and non-submission of consolidated results, reflecting operational stress under insolvency. No direct financial impact disclosed.