Disclosure under Reg 30 of SEBI (LODR)_As attached
GNRL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
SEBI has appointed a forensic auditor to examine the financial statements of Gujarat Natural Resources Ltd covering six financial years from FY 2020-21 to FY 2025-26. The purpose is to check whether the company's financial disclosures and business transactions were conducted in a manner harmful to investors or the securities market. The company has stated it will fully cooperate with the audit and provide all required information. No specific allegations or findings have been disclosed yet, as the audit is just being initiated.
This is a negative signal for shareholders — a SEBI-ordered forensic audit over six years of financials creates uncertainty and could weigh on the stock price. However, the audit is at an early stage with no confirmed irregularities yet, so the actual impact will depend on the findings.