JBF Industries Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 28/05/2025 ,inter alia, to consider and approve Audited Financial Statement ....
Awaiting price reaction for this filing.
JBF Industries has informed BSE that its Board of Directors meeting is scheduled on 28 May 2025 to consider and approve the Audited Financial Statements for the quarter and year ended 31 March 2025. The filing is made under SEBI Listing Regulations 29(1)(a) and is signed by the Resolution Professional rather than regular management. The letter clearly states the company is currently under the Corporate Insolvency Resolution Process (CIRP). No financial numbers, projections, or detailed agenda items are disclosed in this intimation.
For shareholders, this is a procedural announcement but noteworthy because the company is under CIRP — the audited results will reflect the financial position during ongoing insolvency proceedings, and outcomes could influence the resolution plan and recovery prospects. Investors should watch for the actual results on 28 May for any going-concern disclosures or restructuring updates.