The Exchange has 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 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.
JAIBALAJI · price
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NSE has 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 (Ind AS). The clarification has been sought under Regulation 33 of SEBI's Listing Obligations and Disclosure Requirements. The company has not yet responded to the exchange's query. This is a procedural compliance issue related to the presentation format of results, not a substantive concern about the numbers themselves.
This is a minor procedural compliance flag and does not indicate any financial irregularity or wrongdoing. Investors should wait for the company's response, but there is no immediate cause for concern about the stock.