The Exchange had sought clarification from The Orissa Minerals Development Company 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 is not as per format prescribed by SEBI -2. Limited Review Report/ Independent Auditor's Report is not in the format prescribed by SEBI -3. The company has not submitted declaration in case of unmodified opinion(s) The response of the Company is enclosed.

OMDC submitted a clarification to NSE responding to format-related queries on its FY25 financial results. The company had filed results not in SEBI-prescribed format, with missing auditor's report format and no declaration for unmodified opinion; OMDC has now resubmitted the full SEBI-format results and final audit report. The audited results show revenue from operations falling to Rs 6,461.59 lakhs in FY25 from Rs 8,227.92 lakhs in FY24, and the company swung to a net loss of Rs 4,022.39 lakhs versus a profit of Rs 281.91 lakhs a year ago. Q4 FY25 alone posted a net loss of Rs 3,144.37 lakhs, dragging EPS for the year to Rs (67.04). The auditor's report flags several serious concerns: a Rs 1,92,938 lakh demand from the Odisha government for excess mining (BPMEL leases) pending in courts, non-compliance with SEBI board composition norms, delays in filing earlier quarterly results, no internal audit conducted for FY25, and material weaknesses in internal financial controls over fixed assets, inventory, and budgeting.