This vide the Email dated 12 September 2025 regarding Non - Disclosure of reasons of delay in submission of financial results for June 30 2025
Awaiting price reaction for this filing.
Richa Industries Ltd, which is currently under liquidation, has informed BSE that it could not submit its unaudited financial results for the quarter ended June 30, 2025 on time. The company is undergoing liquidation proceedings under the supervision of the National Company Law Tribunal (NCLT) as per the Insolvency and Bankruptcy Code, 2016. BSE had emailed the company on September 12, 2025 flagging the non-submission of results along with the Limited Review Report. The company cited unavoidable delays in preparing and finalizing its financial statements due to the liquidation circumstances. The communication has been signed by the appointed Liquidator, who is registered with the Insolvency and Bankruptcy Board of India (IBBI).
This is a significant negative signal for shareholders — the company is already in liquidation, meaning equity holders are unlikely to recover meaningful value. The delayed financial reporting further reflects the distressed state of operations and may attract additional regulatory scrutiny from SEBI and BSE.