The Exchange has sought clarification from Reliance Home Finance 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. Financial results submitted is not as per format prescribed by SEBI -2. Financial results not signed by authorized signatory/ies The response of the Company is awaited.
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The stock exchange (NSE) has asked Reliance Home Finance to explain why its financial results for the quarter ended March 31, 2025 do not follow SEBI's prescribed format and why they were not signed by an authorised signatory. The company has been given a chance to respond to these queries under SEBI's listing regulations. As of now, Reliance Home Finance has not yet submitted its reply to the exchange. Until the exchange reviews the company's response, the matter remains open and the financial results in question are effectively under question.
This is a procedural compliance issue, not a penalty or enforcement action. However, it raises governance concerns and could lead to further action from the exchange if the company fails to respond satisfactorily, which may weigh negatively on investor confidence.