The Exchange has sought clarification from Astron Paper & Board Mill Limited for the quarter ended 31-Mar-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 -2. The company has not submitted the Statement of Impact of Audit Qualifications in case of modified opinion(s) The response of the Company is awaited.
ASTRON · price
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NSE has asked Astron Paper & Board Mill to clarify issues with its financial results for the quarter ended 31 March 2025 filed under SEBI's Listing Obligations and Disclosure Requirements (Regulation 33). The exchange flagged two concerns: first, discrepancies in the XBRL format of the submitted financial results, and second, the company's failure to submit the Statement of Impact of Audit Qualifications, which is required when auditors have given a modified opinion. The company has not yet responded to the exchange's queries.
This is a compliance-related query and not yet a penalty or action, but the unresolved XBRL discrepancies and missing audit qualification statement may raise concerns about financial reporting quality. Investors should watch for the company's response, as any confirmed audit qualifications or delayed/incorrect results could weigh on the stock.