The Exchange had sought clarification from Jai Balaji Industries 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 under Schedule III of the Companies Act, 2013 or as per Indian Accounting Standard The response of the Company is enclosed.
JAIBALAJI · price
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The NSE (stock exchange) had asked Jai Balaji Industries to clarify why its financial results for the quarter ended 31 March 2025 were not submitted in the format prescribed under Schedule III of the Companies Act, 2013 or as per Indian Accounting Standards. The company has now submitted its response to the exchange. The clarification was sought under Regulation 33 of SEBI's listing rules, which deals with financial result disclosure obligations. The company has acknowledged the query and provided its explanation.
This is a routine compliance matter where the exchange has flagged a format issue in the company's results and the company has responded. No penalty or action has been disclosed at this stage, so the immediate impact on shareholders is limited, though investors may want to watch for any further escalation.