The Exchange had sought clarification from Generic Engineering Construction and Projects 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 was required to clarify the following: -1. Financial results submitted is not as per format prescribed by SEBI -2. Financial results submitted in XBRL with discrepancies The response of the Company is enclosed.
GENCON · price
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Awaiting price reaction for this filing.
NSE had asked the company to explain issues with its financial results for the quarter and year ended March 31, 2025. The company clarified three points: (1) Its standalone and consolidated numbers are identical because its subsidiary had no operations or transactions during the period, and it had no subsidiary as of March 31, 2024, so no comparative consolidated figures were needed. (2) The results were submitted within the required 3-hour window after the board meeting ended, as confirmed by the exchange acknowledgement. (3) The mismatch in EPS between the PDF and XBRL filings was a typographical error, and a corrected XBRL filing has already been submitted.
This is a routine compliance clarification with no financial or governance red flags. The XBRL typo has been corrected, and the format-related queries are explained by the subsidiary's lack of activity. Shareholders are unlikely to see any material impact on the stock from this filing.