The Exchange has sought clarification from Grand Foundry 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 is required to clarify the following: -1. Segment details not submitted -2. Financial results not signed by authorized signatory/ies The response of the Company is awaited.
Awaiting price reaction for this filing.
NSE has asked Grand Foundry Limited to clarify certain compliance issues related to its financial results for the quarter ended 31 March 2025 under SEBI Listing Regulations. Specifically, the company did not submit segment-wise details along with its results. Additionally, the financial results were not signed by an authorized signatory. The company has not yet responded to the exchange, and its reply is awaited. Until the clarification is provided, the filings are considered incomplete from a compliance standpoint.
This is a procedural compliance flag and not a penalty or enforcement action. However, repeated lapses in financial disclosures can dent investor confidence and may attract further regulatory attention if not addressed promptly.