The Exchange has 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 is required to clarify the following: -1. Financial results not signed by authorized signatory/ies The response of the Company is awaited.
Awaiting price reaction for this filing.
The NSE has asked Kundan Minerals and Metals Limited to clarify why its financial results for the quarter ended 31 March 2025 were not signed by authorized signatories, as required under Regulation 33 of SEBI's Listing Obligations and Disclosure Requirements. This is a procedural compliance issue where the company is expected to provide an explanation or rectify the signing requirement. The company's response is still awaited. Until clarified, the financial results remain non-compliant with the listing regulations.
This is a minor compliance flag rather than a serious regulatory action. However, prolonged non-compliance could attract penalties or affect the company's listing status. Shareholders should watch for the company's response and any follow-up action from the exchange.