The Exchange had sought clarification from Lancor Holdings 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 was required to clarify the following: -1. Financial results submitted in XBRL with discrepancies The response of the Company is enclosed.
LANCORHOL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Lancor Holdings responded to NSE's queries regarding two compliance issues for the financial year ended March 31, 2025. First, the company's audited financial results were filed late by about 4 minutes on NSE (though filed on time with BSE), as the board meeting ran late till 11:55 PM on May 30, 2025 due to discrepancies found during a Tally-to-Zoho accounting software migration. Additional delays were caused by a power failure at the office and technical errors on the NEAPS portal. Second, the consolidated financial results filed in XBRL format had a clerical error where standalone EPS was mentioned instead of consolidated EPS, which the company has now resubmitted with corrected figures.
This is a procedural compliance clarification with no financial impact on shareholders. Investors should note the corrected consolidated EPS figure in the revised XBRL filing. While the delays and clerical errors raise minor governance concerns, no penalty or regulatory action has been confirmed yet.