THIS DECLARATION IS ISSUED IN COMPLIANCE OF REGULATION 33(3) (d) OF SEBI LODR REGULATIONS 2015
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Saffron Industries Limited has submitted its standalone audited financial results for the quarter and full financial year ended March 31, 2025, which were approved by the Board of Directors at a meeting held on May 30, 2025. The Board meeting ran from 5:00 PM to 7:10 PM. Separately, Whole Time Director Manoj Rameshwar Sinha issued a declaration under SEBI LODR Regulation 33(3)(d) confirming that the statutory auditors, M/s. Jagdish Khatri & Associates, have issued an audit report with an unmodified/unqualified opinion on the FY25 results. No specific financial figures such as revenue, profit, or margins are disclosed in this filing.
A clean (unqualified) auditor opinion is a routine but positive confirmation for shareholders, as it means no red flags were raised by the auditors on the FY25 accounts. However, the actual numbers and growth trends are not in this filing and would need to be reviewed separately to gauge any stock price impact.