The Exchange had sought clarification from NDL Ventures 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. Segment details not submitted The response of the Company is enclosed.
NDLVENTURE · price
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NDL Ventures responded to a clarification sought by NSE regarding segment reporting in its Q4 and FY2024-25 financial results. The company clarified that it had no business operations during the financial year, and therefore classified its reporting as a 'Single Segment' described as 'Other Financial Services.' The company has requested the exchange to accept this classification and consider its response as final.
This is a routine compliance clarification and is unlikely to have any material impact on the stock price. Investors should note that the company had no business operations in FY2024-25, which itself may be a point of concern regarding business activity.