The Exchange has sought clarification from Kanani Industries Limited for the quarter ended 30-Jun-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 in XBRL with discrepancies The response of the Company is awaited.
KANANIIND · price
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The National Stock Exchange has asked Kanani Industries to clarify discrepancies found in the financial results it submitted in XBRL format for the quarter ended June 30, 2025. The query is raised under Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, which governs how listed companies must report their quarterly financial performance. As of the date of this announcement, the company has not yet submitted its response to the exchange. The clarification is specifically about mismatches or errors in the machine-readable XBRL filing rather than the underlying financial statements themselves. Investors are awaiting the company's reply to understand whether the discrepancy is technical or substantive.
This is a routine exchange-level compliance query, not a penalty or formal action, so the immediate impact on the stock is likely limited. However, if the company fails to respond adequately or if the discrepancies turn out to be material, it could invite further regulatory scrutiny from SEBI.