Arshiya clarifies delayed Q4 FY25 results submission under CIRP
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), responded to NSE on delayed submission of Q4 FY25 standalone financial results. The company cited operational challenges and limited compliance resources due to insolvency proceedings. Consolidated results were not submitted because some subsidiaries are also under CIRP and their accounts could not be finalized. Resolution Professional Pankaj Mahajan, appointed by NCLT Mumbai, approved the results but delays occurred in coordination and filing. The company assured better compliance despite CIRP constraints.
Company remains under insolvency; compliance delays persist due to CIRP. Shareholders face continued uncertainty on recovery and timely disclosures.