The Exchange had sought clarification from TIL 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 submitted is not as per format prescribed by SEBI The response of the Company is enclosed.
TIL · price
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NSE had sought clarification from TIL Limited regarding its financial results for the quarter ended 31 March 2025, noting that the submission was not in the SEBI-prescribed format under Regulation 33 of the LODR Regulations. In its response dated 25 June 2025, the company stated that the results filed on 26 May 2025 were prepared in the format prescribed under Schedule III of the Companies Act, 2013 and were duly audited by the statutory auditors. TIL also explained that the standalone and consolidated figures are nearly identical because its wholly owned subsidiary, TIL Overseas Pte Ltd, had only minor operations during FY 2024-25. The company confirmed that all figures submitted to the exchange are correct.
This is a routine compliance clarification with no financial or governance impact on shareholders. It should not affect the stock price, as the company has adequately explained the format choice and confirmed audited accuracy of the numbers.