The Exchange had sought clarification from Wonder Electricals Limited for the quarter ended 31-Dec-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 under Schedule III of the Companies Act. -2. 2013 or as per Indian Accounting Standard. The response of the Company is enclosed.
WEL · price
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Wonder Electricals has responded to NSE's query about why its standalone and consolidated financial results for the quarter ended December 2025 show identical figures. The company explained that it incorporated a new LLP called 'Integrated Motion & Control LLP' on 2 April 2025, holding a 51% stake, set up to manufacture PCB cards for ceiling fans and other electronic products. However, this LLP had not started any business operations as of 31 December 2025, so there were no consolidation adjustments needed. As a result, both standalone and consolidated results carry the same numbers. The consolidated results were prepared only to meet regulatory requirements, and the company has assured the exchange it will avoid such situations in future.
This is a routine regulatory clarification with no material impact on financials or shareholders. Investors should note the company has expanded into a new vertical (PCB card manufacturing for fans/electronics) via a subsidiary LLP, though it is not yet operational.