Intimation of closure of trading window for the quarter, half year and financial year ended on 31st March, 2025.
Awaiting price reaction for this filing.
The company has informed the stock exchange that the trading window for dealing in its securities will remain closed from 1 April 2025 until 48 hours after the declaration of unaudited standalone and consolidated financial results for the quarter, half-year, and financial year ended 31 March 2025. The restriction applies to all designated persons, their immediate relatives, and connected persons covered under the company's insider trading code. The board meeting to approve the audited financial results will be intimated separately. Notably, the letter is signed by a Resolution Professional, confirming the company is currently under the Corporate Insolvency Resolution Process (CIRP).
This is a routine regulatory compliance filing with no direct impact on shareholders or stock price. The trading window closure is standard practice ahead of results to prevent insider trading. The continued involvement of the Resolution Professional underscores that insolvency proceedings remain ongoing, which is the key existing concern for investors.