Clarification on missing consolidated financial results for Sep 2025 quarter
SHREERAMA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 0.7 pts more than Nifty Microcap 250 and 0.2 pts more than its Packaging peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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NSE asked Shree Rama Multi-Tech to explain why consolidated financials for the quarter ended 30 Sep 2025 were not filed. The company replied that its wholly-owned subsidiary Shree Rama (Mauritius) Limited has been defunct since 2005, with accounts last prepared up to Sept 2003, and no directors or officials traceable. Total investment of about Rs 31.66 lakhs (Rs 13.06L equity plus Rs 18.60L share application money) was fully provided for in earlier years. The company says consolidated results cannot be prepared under Ind AS 110, a position consistent with a similar clarification given to NSE in Dec 2022.
No fresh financial risk; subsidiary investment already fully written off and known since 2005. Likely no material share price impact but compliance gap continues.