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.
SETUINFRA · price
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Setubandhan Infrastructure Limited has informed the exchanges that it cannot submit its audited standalone and consolidated financial results for Q4 and FY 2025-26 by the deadline of May 30, 2026. The company is under Corporate Insolvency Resolution Process (CIRP) after the NCLT Mumbai admitted the petition filed by State Bank of India on November 28, 2022. Sandeep D. Maheshwari has been appointed as the Resolution Professional. A previously approved Resolution Plan was rejected by NCLT on March 24, 2025, and an appeal is pending before NCLAT. The RP states that financial records, books of accounts, and data backups have not been provided by the suspended management and promoters, making it impossible to compile or audit the financial statements within prescribed timelines.
Shareholders face continued uncertainty as the company remains under insolvency proceedings with no audited financials available. The stock may face trading halts or restrictions due to non-compliance with listing obligations.