BANGNSEBang Overseas Limited· Textile ProductsMinimalNeutral
Announced Thu, 16 Apr · 16:09 IST

The Exchange had sought clarification from Bang Overseas Limited for the quarter ended 30-Sep-2025 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 submitted in XBRL with discrepancies. The response of the Company is enclosed.

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Price reaction · full curve 14 horizons · vs prior close
-3.1%1-day move
₹38.97
prior close
₹39.89
base price
After-mkt
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-0.0-0.3-0.4+0.1-3.1+1.0+2.5+2.0-0.1+1.3+0.2-4.0-24.9-25.6
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AI summary

The Exchange raised concerns about Bang Overseas Limited filing half-yearly financial figures in its XBRL submission instead of the required quarterly figures for Q2 FY2025. The company explained that during the XBRL filing process, the half-yearly reporting period was accidentally selected instead of quarterly, resulting in incorrect data being uploaded. The company identified the oversight, resubmitted corrected quarterly XBRL figures on November 26, 2025, and assured the exchange that similar errors would be prevented in the future by implementing better checks.

Likely market impact

This was an administrative filing error with no impact on the actual financial performance of the company. The corrected XBRL filing and PDF submission now reflect the correct quarterly financial results as approved by the board. No shareholder action is required.