The Exchange had sought clarification from Hercules Hoists 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. Segment details not submitted -2. Financial results submitted in XBRL with discrepancies The response of the Company is enclosed.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

NSE had asked Hercules Hoists to clarify two issues with its March 2025 quarterly results: missing segment details and discrepancies in PAT figures between XBRL and PDF filings. The company replied that it operates in a single business segment, so separate segment reporting under Ind AS 108 is not required. For the XBRL mismatch, the company has submitted revised financial results in XBRL format. The CFO, Siddhesh Gokhale, signed off the clarification letter dated 1 July 2025.

Likely market impact

This is a routine compliance clarification with no financial or governance impact on shareholders. The segment and XBRL issues have been addressed, and there are no signs of any regulatory penalty or investigation.