The Exchange has sought clarification from KBC Global 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.
DHARAN · price
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Awaiting price reaction for this filing.
NSE has asked KBC Global Limited to clarify issues with its financial results for the quarter ended 31 March 2025, under Regulation 33 of SEBI's Listing Obligations and Disclosure Requirements (LODR) Regulations, 2015. Two specific concerns were raised: first, discrepancies found in the financial results filed in XBRL format, and second, the company has not submitted the Statement of Impact of Audit Qualifications, which is required when the auditor has given a modified opinion. The company's response to the exchange is still awaited. Note that the filing source lists DHARAN INFRA-EPC LIMITED, but the actual clarification is directed at KBC Global Limited, which may indicate a data entry mismatch in the filing record.
This is a compliance red flag, not yet a penalty. The missing audit qualification impact statement suggests the auditor flagged issues in the financials, which could worry investors once disclosed. If the company fails to respond satisfactorily, NSE or SEBI may escalate the matter, potentially leading to trading restrictions or further regulatory action.