The Exchange has sought clarification from Nelcast 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 is 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 awaited.
NELCAST · price
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The National Stock Exchange has asked Nelcast Limited to clarify its financial results for the quarter ended 31 March 2025. The issue is that the submitted results do not follow the format prescribed under Schedule III of the Companies Act, 2013, or the Indian Accounting Standards (Ind AS). Nelcast has not yet responded, and the company is required to provide an explanation. This is a procedural compliance query from the exchange, not an enforcement action.
This is a routine format-related clarification and does not indicate any financial irregularity. However, a delayed or unsatisfactory response could lead to further exchange action, so investors should watch for the company's reply.