The Exchange has sought clarification from Gujarat Raffia Industries 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 is not as per format prescribed by SEBI -2. The company has not submitted declaration in case of unmodified opinion(s) The response of the Company is awaited.
GUJRAFFIA · price
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Awaiting price reaction for this filing.
The NSE has asked Gujarat Raffia Industries to clarify two compliance issues related to its March 2025 quarter results under SEBI Listing Regulations. First, the financial results submitted did not follow the format prescribed by SEBI. Second, the company did not submit the required declaration regarding an unmodified audit opinion. The company's response to these queries is still awaited, and no further action has been disclosed at this stage.
This is a procedural compliance query, not a penalty or enforcement action. Investors should watch for the company's response, as unresolved clarifications could lead to further exchange action, but it is unlikely to materially affect the stock price on its own.