Parsvnath Developers Limited has informed the Exchange about reasons for Delayed/Non-submission of Financial Results
PARSVNATH · price
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Parsvnath Developers has informed the stock exchanges that it is unable to publish its Q1 FY2026 (quarter ended June 30, 2025) financial results on time. The company says its annual audited financial statements (standalone and consolidated) for the year ended March 31, 2025 are still not finalized due to 'unavoidable circumstances.' Because the FY25 numbers are pending, the company cannot approve and release the June 2025 quarter results either. This makes it the second consecutive period of delay, as the company references a prior communication about the March 2025 results. The Chairman, Pradeep Kumar Jain, has stated the company is working to resolve the issues and will soon announce dates for board meetings to approve both the delayed annual and quarterly results.
Shareholders remain without visibility into the company's recent financial performance, and the company is now in potential non-compliance with SEBI's 45-day listing rule, which could attract regulatory penalties or action. The repeated delay and vague reason ('unavoidable circumstances') may hurt investor confidence and put short-term pressure on the stock.