The Exchange has sought clarification from Xchanging Solutions 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. Limited Review Report/ Independent Auditor's Report is not in the format prescribed by SEBI The response of the Company is awaited.
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NSE has asked Xchanging Solutions Limited to clarify why its Limited Review Report / Independent Auditor's Report for the quarter ended 31 March 2025 is not in the format prescribed by SEBI under Regulation 33 of the LODR Regulations, 2015. This is a procedural compliance issue related to the format of the audit report rather than the financial numbers themselves. The company has not yet responded to the exchange's query. Investors are awaiting the company's clarification to understand if any restatement or revised filing is required.
This appears to be a minor procedural compliance issue and not a serious regulatory action, but it could create short-term uncertainty until the company clarifies and submits a properly formatted report.