The Exchange had sought clarification from Hindustan Composites Limited for the quarter ended 30-Sep-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 The response of the Company is enclosed.
HINDCOMPOS · price
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Hindustan Composites responded to NSE's query dated 7 January 2026 regarding its Q2 FY26 (quarter ended 30-Sep-2025) financial results, where the exchange noted that standalone and consolidated profit & loss figures appeared identical. The company explained that its joint venture, Compo Advics (India) Private Limited, had accumulated losses exceeding Hindustan Composites' investment value, so under IND AS 28 the company stopped recognising further share of losses from FY 2021-22 onward, resulting in similar P&L figures. It also pointed out that segment assets and segment liabilities do differ between standalone and consolidated results, and that it had added a specific line item for 'Share of (loss) of Joint Venture' with a footnote. The company concluded that its filings fully comply with the SEBI-prescribed format.
This is a routine technical/format clarification and does not indicate any financial irregularity or regulatory action against the company. Shareholders are unlikely to see any material impact on the stock from this exchange.