The Exchange has sought clarification from Mcnally Bharat Engineering Company Limited for the quarter ended 30-Sep-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 -2. Financial results submitted is not as per format prescribed by SEBI The response of the Company is awaited.
Awaiting price reaction for this filing.
The NSE has asked Mcnally Bharat Engineering to clarify issues with its financial results for the quarter ended 30 September 2025 under SEBI's Listing Obligations and Disclosure Requirements (Regulation 33). Two specific points were flagged: the financial results were not signed by the authorised signatory, and the results were not submitted in the format prescribed by SEBI. The company has not yet responded to the exchange's query. No financial penalty or enforcement action has been mentioned at this stage.
This is a procedural compliance flag rather than a serious regulatory action, but it raises governance concerns since signed financial results are a basic listing requirement. Investors should wait for the company's clarification to assess if there are any deeper issues with its reporting practices.