Padmanabh Alloys & Polymers Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 03/06/2025 ,inter alia, to consider and approve the audited financial ....
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Padmanabh Alloys & Polymers informed BSE that its board meeting, originally scheduled for 30/05/2025 to approve the audited financial results for the quarter and year ended 31/03/2025, was adjourned due to non-availability of the requisite quorum. The adjourned meeting has been rescheduled to 03/06/2025 (Tuesday). The company has disclosed the reason for the delay in line with SEBI's circular on financial result submission delays. The trading window for designated persons and their immediate relatives remains closed until 48 hours after the financial results are declared.
This is a procedural announcement with no direct impact on financials. However, repeated delays in board meeting quorum could raise minor governance concerns among investors, though the delayed results are still expected within the permissible timeline.