The Company is required to submit the unaudited financial results for the quarter ended 30.06.2025 on or before 14.08.2025, However, CFO of the Company has resigned w.e.f.08.07.2025 and ....
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Kesar Enterprises has informed the BSE that it will not be able to submit its unaudited financial results for Q1 FY26 (quarter ended 30 June 2025) within the SEBI-mandated deadline of 14 August 2025. The delay is due to the resignation of the company's Chief Financial Officer, which took effect on 8 July 2025, leaving the finance leadership position vacant. The company states it is still in the process of shortlisting and finalising a replacement CFO, which is why the quarterly results could not be completed in time. Kesar has committed to making sincere efforts to finalise and submit the results as soon as possible, and will give prior intimation of the board meeting where the results will be approved.
This is a regulatory compliance lapse under SEBI LODR norms and could attract scrutiny, queries, or potential penalties from the exchange. The sudden CFO exit combined with delayed results signals management instability, which may dent investor confidence and weigh on the stock in the short term until the financials are filed.