Clarification regarding non-disclosure of reason of delay submission of financial results for the year ended March 31, 2025 within the prescribed period under Regulation 33 of SEBI Listing ....
LANCORHOL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 0.8 pts more than Nifty Microcap 250 and 0.9 pts more than its Residential Commercial Projects peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Lancor Holdings Ltd filed its audited financial results for the year ended March 31, 2025 a few hours after the May 30, 2025 deadline prescribed under SEBI's Listing Regulations. The company attributed the delay to a transition from Tally to Zoho accounting software, which surfaced discrepancies that took time to resolve. This forced the Board meeting, originally scheduled for May 28, to be pushed to May 30, and the meeting ran late into the night, concluding at 11:55 PM. Results were submitted to BSE within three hours of the Board's approval. The company has requested BSE to condone the delay, calling it an isolated, non-intentional event.
This is a minor procedural compliance lapse, not a financial or governance red flag. Investors may view the explanation as reasonable, and no immediate impact on share price is expected unless BSE takes penal action.