Poddar Housing replies to NSE show cause notice for proposed delisting
Awaiting price reaction for this filing.
Poddar Housing has responded to NSE's show cause notice regarding the proposed delisting of its equity shares due to multiple pending compliance submissions. The company provided a revised schedule for clearing backlogs including Related Party Transactions statements from March 2023 to September 2025, and six quarters of delayed financial results from June 2024 to September 2025. Financial results will now be filed between December 2025 and July 2026. The company is also in the process of appointing an Additional Director to meet the minimum six-director requirement.
Negative signal: stock faces risk of forced delisting from NSE due to prolonged non-compliance, pending submissions, and missing directors.