The Exchange had sought clarification from Nintec Systems 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 not signed by authorized signatory/ies The response of the Company is enclosed.
NINSYS · price
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NSE had raised a query on 9th July 2025 asking why the financial results for the quarter and year ended 31 March 2025 were not signed by an authorized signatory under Regulation 33 of SEBI's Listing Rules. The company replied on 11th July 2025 clarifying that the results were duly signed by Mr. Indrajeet Mitra, a Director, who was specifically authorized by a Board Resolution passed on 28th May 2025. Mr. Mitra was subsequently appointed as Chairman of the company, and this change was already disclosed to the stock exchange. The company attached a certified copy of the Board Resolution and confirmed that going forward, the Chairman or any other authorized signatory present at the Board meeting will sign the financial results.
This is a routine procedural clarification with no financial or operational impact on shareholders. The company has addressed the exchange's concern by providing documentary evidence of proper authorization, and the matter is now closed with no penalty or adverse action indicated.