Hindustan Adhesives Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 03/07/2025 ,inter alia, to consider and approve Regulation 29 of SEBI (Listing ....
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Hindustan Adhesives Ltd has postponed its Board meeting from June 30, 2025 to July 3, 2025. The reason is that the company recently migrated its accounting software from Tally to Zoho ERP, leaving financial data partly maintained in both systems. Statutory auditors need extra time to verify and reconcile the consolidated numbers. The rescheduled meeting will consider and approve the audited financial results — both standalone and consolidated — for Q4 and the full financial year ended March 31, 2025. The trading window for designated persons and their immediate relatives will now reopen on August 18, 2025.
The 3-day delay in approving results is minor on its own, but the ERP migration creating reconciliation issues is a yellow flag for investors on internal controls. Q4 and FY25 earnings should now be announced on or shortly after July 3, 2025, and insider trading restrictions will stay in place for over a month.