The Exchange has sought clarification from Kalyani Steels 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 by SEBI The response of the Company is awaited.
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NSE has asked Kalyani Steels Limited to clarify why the financial results submitted for the quarter ended 31 March 2025 do not follow the format prescribed by SEBI under Regulation 33 of the 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 of the results, not to the actual numbers or performance. Investors should wait for the company's reply and any revised filing to get the full picture.
This is a minor administrative compliance matter and is unlikely to have a material impact on the stock price. No penalty or adverse action has been taken so far, but a delayed response or continued non-compliance could attract SEBI action.