IMP Powers Limited has informed the Exchange regarding Outcome of Board Meeting held on May 27, 2025.
Awaiting price reaction for this filing.
The Board of Directors of IMP Powers Limited met on May 27, 2025, from 3:00 PM to 3:40 PM. During the meeting, the Board adopted various policies as required under the Companies Act 2013, SEBI LODR Regulations 2015, and SEBI Prohibition of Insider Trading Regulations 2015. However, the Board deferred the approval of two key items: (1) the Standalone and Consolidated Audited Financial Results for the quarter and financial year ended March 31, 2025, and (2) the Audited Standalone and Consolidated Financial Statements for FY ended March 31, 2025. The reason given was 'pending review and consideration by the Board.' A fresh Board Meeting has been scheduled for Friday, May 30, 2025, to consider and approve the deferred items.
The deferral of FY25 audited financial results is a brief delay of just 3 days, with a new meeting already scheduled on May 30, 2025. While the short postponement is not unusual, investors awaiting the full-year results will need to wait a few more days for clarity on the company's financial performance.