The Exchange had sought clarification from Khandwala Securities Limited for the quarter ended 30-Sep-2025 with respect to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. On basis of above the Company was 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 enclosed.
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The NSE sought clarification from Khandwala Securities regarding its financial results for the quarter ended 30-Sep-2025 under Regulation 33 of SEBI's Listing Obligations and Disclosure Requirements. The issue was that the submitted results did not follow the format prescribed under Schedule III of the Companies Act, 2013, or Indian Accounting Standards. The company has provided its response, which is enclosed with the filing. There is no mention of any penalty, financial impact, or punitive action.
This appears to be a routine format-compliance matter rather than a regulatory action, so it is unlikely to have any material effect on shareholders or the stock price. Investors may, however, want to review the company's actual financial results to assess performance.