The Exchange has sought clarification from IDBI Bank 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 under Schedule III of the Companies Act, 2013 or as per Indian Accounting Standard The response of the Company is awaited.
IDBI · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
The National Stock Exchange has asked IDBI Bank to explain why its financial results for the quarter ended 31 March 2025 do not follow the format prescribed under Schedule III of the Companies Act, 2013, or Indian Accounting Standards. The matter relates to Regulation 33 of SEBI's listing rules, which govern how listed companies report their quarterly financial performance. IDBI Bank has not yet responded to the exchange. No financial impact or penalty has been mentioned at this stage.
This is currently a routine compliance query and not a penalty or enforcement action, so it is unlikely to move the stock sharply. However, if the bank fails to respond satisfactorily or the issue escalates, it could attract regulatory scrutiny or affect confidence in its financial disclosures.