Pursuant to the requirement as per the circular no. CIR/CFD/CMD-1/142/2018 dated November 19, 2018, please find attached the disclosure informing the reason for delay in submission of financial ....
BNAGROCHEM · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
BN Agrochem Ltd has informed BSE that it will not be able to submit its audited standalone and consolidated financial results for the quarter and year ended March 31, 2025 by the May 30, 2025 deadline. The company has requested an extension until June 15, 2025. The delay is caused by pending audited financials from its overseas subsidiaries — BN Holdings Europe Limited and BN Holdings Singapore PTE Limited — both preparing audited accounts for the first time in FY25. The Singapore subsidiary's auditor is still finalizing the audit, citing first-time preparation of accounts and pending documentation for balance confirmations. While standalone results are substantially finalized, the company wants to file both standalone and consolidated results together for consistency. The insider trading window remains closed until 48 hours after the results are declared.
Minor near-term negative — a delay in annual results disclosure may keep the stock in the trading-window freeze longer and could weigh on sentiment. However, the company is proactively seeking a regulatory extension, and the root cause (first-time audit of overseas subsidiaries) is a one-time operational issue rather than a financial health concern.