The Company is anticipating a delay in declaration of Audited Financial Results for the quarter and year ended on 31/03/2025
Awaiting price reaction for this filing.
GCCL Construction & Realities Ltd has informed BSE that it expects a delay in declaring its audited financial results for the quarter and year ended 31 March 2025, which were originally due by 30 May 2025. The delay is attributed to a search and seizure operation conducted by the Income Tax Department at the company's registered office in Ahmedabad between 14 May and 17 May 2025, which halted business operations during that period. The company and its auditors are working to expedite the finalization and will inform the exchange once a declaration date is set. The insider trading window remains closed from 1 April 2025 until 48 hours after results are declared.
Investors should note that audited FY25 results are delayed beyond the SEBI-mandated 60-day deadline, which may cause short-term uncertainty around the stock. The income tax search raises governance and potential tax liability concerns, though the company has not quantified any financial impact yet.