Submission of Reason of delay in filing Financial Results of the quarter ended 30.06.2025
Awaiting price reaction for this filing.
Jatalia Global Ventures Ltd, which is currently under the Corporate Insolvency Resolution Process (CIRP) since March 7, 2024, submitted its financial results for Q1 FY26 (quarter ended June 30, 2025) on the BSE portal on August 23, 2025. Resolution Professional Mohd Nazim Khan, appointed by NCLT on June 4, 2024, explained that the delay occurred because no Board meeting could be held (Board powers are suspended under IBC Section 17) and the financial results were instead approved by the Committee of Creditors at its 20th meeting held on August 13, 2025. The limited review report from the statutory auditor, who is based in Chandigarh, was received late, further contributing to the delay. The filing was made voluntarily by the RP for compliance and transparency, as there is no specific SEBI LODR obligation requiring the RP to file results.
This is a procedural disclosure explaining the delay in result filing and does not contain any financial performance numbers. Investors should note that the company remains under insolvency proceedings, which is a material risk factor, and the results themselves need to be reviewed separately for actual business performance. The delay is administrative in nature and not indicative of financial deterioration.