The Exchange had sought clarification from Indowind Energy 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 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.
INDOWIND · price
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NSE had asked Indowind Energy to clarify why its financial results for Q4 FY25 were not in the SEBI-prescribed format — specifically, the MD/CEO signature was missing on the 'Statement on Impact of Audit Qualifications.' The company responded that it does not have a Managing Director or CEO, and that the Whole-Time Director, Mr. N.K. Haribabu, had signed the results. It cited SEBI LODR Regulation 33(2)(b), which allows a Whole-Time Director to sign in the absence of an MD/CEO. The company has confirmed it is in compliance with the regulation and requested the exchange to take the response on record.
This is a routine compliance clarification with no penalty or regulatory action. The company is explaining a procedural deviation as permitted under SEBI rules, so there is no material impact on shareholders or the stock price.