The Exchange had sought clarification from Skipper Limited for the quarter ended 31-Dec-2024 with respect to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. On basis of above the Company was required to clarify the following: -1. Financial results submitted is not as per format prescribed under Schedule III of the Companies Act, 2013. The response of the Company is enclosed.
SKIPPER · price
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NSE asked Skipper Limited to clarify why its financial results for the quarter ended 31 December 2024 were not submitted in the format prescribed under Schedule III of the Companies Act, 2013. The query was raised under Regulation 33 of the SEBI Listing Obligations and Disclosure Requirements Regulations. The company has submitted its response to the exchange. This appears to be a procedural clarification related to the presentation format of the results rather than a substantive issue with the numbers themselves.
This is a routine compliance clarification on the format of results submission and does not indicate any financial irregularity, penalty, or material risk for shareholders. Investors should monitor for any follow-up action from the exchange but no immediate negative impact on the stock is expected.