The Exchange had sought clarification from Kundan Minerals and Metals 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.
The stock exchange (NSE) asked Kundan Minerals and Metals to explain why its financial results for the quarter ended 31 March 2025 were not signed by an authorized signatory, under Regulation 33 of SEBI's Listing Obligations rules. The company has now submitted its response, which is enclosed with the filing. This is a procedural compliance issue related to the signing of quarterly results, not a financial or governance crisis. No details of the response itself have been disclosed in this headline.
This appears to be a minor technical compliance lapse that has been addressed with the exchange's clarification. It is unlikely to have a meaningful impact on shareholders or the stock price unless further action is taken by the exchange.