CESCNSECESC Limited· PowerMediumNeutral
Announced Fri, 2 May · 16:01 IST

The Exchange had sought clarification from CESC Limited for the quarter ended 30-Sep-2024 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 is not as per format prescribed under Schedule III of the Companies Act, 2013. The response of the Company is enclosed.

Regulatory & Legal View source PDF

CESC · price

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

The NSE asked CESC to clarify why its H1 FY25 financial results were not in the format prescribed under Schedule III of the Companies Act, 2013 — specifically noting that only a condensed cash flow statement had been submitted. CESC responded that the results were filed in line with Ind AS 34 (which permits a condensed cash flow in PDF) and that a full cash flow statement was already included in the XBRL filing. To put the matter to rest, the company shared complete standalone and consolidated cash flow statements with comparative figures for H1 FY25 and H1 FY24. Standalone PBT came in at Rs 553.07 cr with operating cash flow of Rs 306.37 cr; consolidated PBT was Rs 954.06 cr with operating cash flow of Rs 916.18 cr.

Likely market impact

This is a routine exchange clarification on filing format, not a penalty or regulatory action. Shareholders should see no material impact on the stock or fundamentals — the issue was technical and CESC has now submitted the full disclosures requested.