As per the annexed outcome.
Awaiting price reaction for this filing.
Ashiana Ispat's Board meeting on May 28, 2026 failed to approve the Audited Financial Results for Q4 and FY ended March 31, 2026. The Board cited that additional details, reconciliations, confirmations and audit procedures regarding financial and accounting matters are still under finalisation and review. Management and statutory auditors informed the Board that the remaining audit formalities need completion to ensure completeness, accuracy and compliance with accounting standards. The matter has been deferred/postponed, and the Managing Director has been authorised to convene an adjourned meeting after consulting with Directors and Statutory Auditors. The meeting lasted only 30 minutes.
Shareholders should note that Q4 and annual results have been delayed due to incomplete audit procedures, which may indicate potential issues in financial reporting or accounting matters requiring clarification. Investors should await the revised meeting outcome before making any decisions.