Please find enclosed clarification letter - March 2024 revised results
GAYAPROJ · price
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Gayatri Projects has written to BSE explaining the late filing of its Board Meeting outcome from December 24, 2025. The company had been admitted to Corporate Insolvency Resolution Process (CIRP) on November 15, 2022 and was withdrawn from CIRP on September 10, 2025, after which a new Board was constituted. To clear the compliance backlog from the CIRP period, the new Board approved standalone and consolidated financial results for four quarters (June 2023, September 2023, December 2023, and March 2024) in a single meeting. The Board outcome was filed within 7 minutes of the meeting concluding at 12:00 noon, but the individual quarter filings were delayed due to simultaneous submissions to both BSE and NSE and slow internet connectivity. The March 2024 results were filed at 12:42 PM and revised at 1:05 PM, which appears to be the key trigger for this clarification.
This is largely a procedural clarification rather than a material business update. Shareholders should note that the company is catching up on compliance backlogs accumulated during its insolvency period and that prior period results (including March 2024) have been revised, which may warrant a closer look at the revised financials for any changes versus previously reported figures.