Board authorises signing of FY2025 audited results after NSE query
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On the reaction day the stock moved in line with Nifty Microcap 250 and 0.4 pts less than its Holding Company peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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The exchange sought clarification because the financial results for the year ended 31 March 2025 were not signed by authorised signatories. A board resolution dated 29 May 2025 authorises director B.S. Mitkari to sign the audited standalone and consolidated results and submit them to NSE, BSE and the newspaper. No financial figures are provided here.
This addresses a signing and filing lapse. It has no clear earnings impact because the announcement provides no financial performance figures.