HEADSUPNSEHeads UP Ventures LimitedMediumNegative
Announced Wed, 11 Mar · 10:23 IST

The Exchange has sought clarification from Heads UP Ventures Limited for the quarter ended 31-Dec-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 not signed by authorized signatory/ies. -2. Financial results submitted is not as per format prescribed by SEBI. -3. Financial results submitted is not as per format prescribed under Schedule III of the Companies Act. -4. 2013 or as per Indian Accounting Standard. The response of the Company is awaited.

Regulatory & Legal

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

The NSE has asked Heads UP Ventures Limited to clarify issues with its financial results filing for the quarter ended 31 December 2025 under SEBI's Listing Obligations and Disclosure Requirements (Regulation 33). The exchange flagged four concerns: the results were not signed by an authorized signatory, the results were not in the format prescribed by SEBI, they did not follow Schedule III of the Companies Act, and they were not aligned with Indian Accounting Standards. The company has not yet responded to the exchange's queries.

Likely market impact

This is a procedural compliance issue rather than a substantive financial or governance problem. Investors should wait for the company's response to confirm whether the actual numbers and results are sound, but the lack of a timely, properly signed filing is a mild negative signal on disclosure discipline.