The Exchange had sought clarification from Allcargo Gati 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.
Awaiting price reaction for this filing.
NSE had asked Allcargo Gati to clarify two issues related to its audited financial results for the quarter and year ended March 31, 2025. First, the company submitted the board meeting outcome 13 minutes late — at 8:58 PM against the 8:45 PM deadline — citing unforeseen technical glitches in arranging digital signatures of the Chairman and Statutory Auditors. Second, the results were signed by Independent Director Mr. Dinesh Kumar Lal rather than the Chairman, as Chairman Shashi Kiran Shetty was on leave; the company shared a board resolution authorizing Mr. Lal to sign. The company expressed regret for the delay and said it is taking steps to tighten internal coordination and avoid missing regulatory timelines in future.
This is a minor procedural compliance lapse with no financial or governance red flags. Investors are unlikely to see any meaningful impact on the stock, though it briefly highlights weak internal controls around disclosure deadlines.