Setubandhan Infrastructure Limited has informed the exchange of Non-Submission of Audited Financial Results (Standalone & Consolidated) for the Quarter and Year Ended 31st March 2026 under Regulation 33 of the SEBI (LODR) Regulations, 2015 due to non-availability of information.
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Setubandhan Infrastructure Limited (SETUINFRA / BSE: 533605) has failed to submit its audited financial results for Q4 and FY 2026 by the regulatory deadline of May 30, 2026. The company is under Corporate Insolvency Resolution Process (CIRP) initiated by the State Bank of India in November 2022, with Sandeep D. Maheshwari serving as Resolution Professional. The RP states that suspended management, promoters, and former key personnel have not provided the financial records, books of accounts, and supporting documents needed to compile the statements. A previously approved Resolution Plan was rejected by NCLT in March 2025, and an appeal is pending before NCLAT. Without authenticated financial data, the RP is legally and practically unable to finalize or get the results audited within the prescribed timeline.
This is a significant red flag for investors. The company is in an active insolvency process with no available financial data, a rejected resolution plan under appeal, and now a missed regulatory filing deadline. Shares are likely to face additional scrutiny or trading restrictions from the exchanges.