The Exchange has sought clarification from Embassy Developments 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 is required to clarify the following: -1. Financial results submitted in XBRL with discrepancies The response of the Company is awaited.
EMBDL · price
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On the reaction day the stock moved 2.1 pts more than Nifty Microcap 250 and 2.4 pts more than its Residential Commercial Projects peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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NSE has asked Embassy Developments Limited to clarify discrepancies found in the financial results it filed in XBRL format for the quarter ended 30 September 2025. This falls under Regulation 33 of SEBI's Listing Obligations and Disclosure Requirements, which governs how listed companies submit their quarterly results. The company has not yet submitted its response to the exchange. The issue appears to be a technical or formatting-level discrepancy in the filing rather than a substantive problem with the financial numbers themselves.
This is a routine compliance clarification request and not a penalty or investigation. Investors should watch for the company's response; prolonged non-disclosure or unresolved discrepancies could weigh on stock sentiment, but a timely correction should have minimal impact.