The Exchange has sought clarification from RattanIndia Power 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 is required to clarify the following: -1. The company has not submitted the Statement of Impact of Audit Qualifications in case of modified opinion(s) The response of the Company is awaited.
RTNPOWER · price
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Awaiting price reaction for this filing.
The NSE has asked RattanIndia Power Limited to explain why it has not submitted the Statement of Impact of Audit Qualifications for the quarter ended 31 March 2025, as required under Regulation 33 of SEBI's Listing Regulations. This statement is typically required when the auditor has given a modified opinion on the company's financial results. The company has not yet responded to the exchange's query. Investors are awaiting the company's clarification and the underlying audit details. The delay itself raises a flag about the quality of the audit opinion for the March 2025 quarter.
Short-term negative sentiment possible as the lack of a timely audit qualification statement may create uncertainty around the company's reported numbers. Shareholders should watch for the company's response, which could either resolve the concern or reveal further issues with the financial results.