The Exchange had sought clarification from Max Financial Services Limited for the quarter ended 31-Mar-2026 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: The response of the Company is enclosed.
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Max Financial Services responded to NSE queries regarding two inadvertent errors in their Q4 FY26 (quarter ended March 31, 2026) XBRL filing submitted under Regulation 33 of SEBI LODR Regulations. First error: quarterly figures were incorrectly marked as 'audited' instead of 'unaudited' in XBRL due to a typographical error. Second error: standalone earnings per share for continuing operations was mapped under the wrong XBRL field. The company clarified that the PDF versions of the financial results filed on both NSE and BSE platforms were accurate and compliant, and that these errors had no impact on investor disclosures. Both errors have been rectified with revised XBRL submissions through NEAPS platform. The CFO signed the response dated May 26, 2026.
Neutral impact for shareholders - this is a procedural correction of XBRL tagging errors with no effect on actual financial results, accuracy of disclosures, or company fundamentals. The company has demonstrated timely remediation of compliance gaps.