The Exchange had sought clarification from SVP GLOBAL TEXTILES LIMITED for the quarter ended 31-Mar-2025 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 not signed by authorized signatory/ies The response of the Company is enclosed.
SVPGLOB · price
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SVP Global Textiles clarified to the NSE that its unaudited financial results for the quarter ended 31 March 2025 were properly signed by an authorized signatory. The exchange had pointed out that the earlier submission did not mention the signatory's designation. The company responded with a certified copy of the board resolution dated 30 May 2025, which authorized Mr. Gopal Lohia, Chairman and Director (DIN: 09563931), to sign and authenticate the financial results on behalf of the board. The results were approved at the same board meeting along with the limited review report from statutory auditors.
This is a routine compliance clarification, not a negative event. The issue was procedural (missing designation of signatory) and has been resolved with supporting board documentation. No material impact on shareholders or stock price is expected.