Summary of Company's Response
Ace Integrated Solutions Limited submitted a formal response to the National Stock Exchange of India Limited (NSE) regarding clarification sought on its financial results for the quarter ended March 31, 2025. The response addresses the exchange's remarks dated July 01, 2025, and was submitted on July 08, 2025.
Date and Nature of Query
- Date of Exchange Query: July 01, 2025
- Date of Company Response: July 08, 2025
- Nature of Query: The NSE sought clarification regarding the financial results submission not being in the format prescribed by SEBI, specifically noting that the same financial figures were mentioned in both standalone and consolidated results.
Company's Clarification on Financial Results
- The company clarified that it has only one wholly owned subsidiary company.
- This subsidiary did not have enough transactions during the quarter ended March 31, 2025.
- Due to the subsidiary's minimal activity, the company submitted identical figures for both standalone and consolidated financial results for the quarter and year ended March 31, 2025.
Regulatory Compliance Reference
- The clarification was provided with respect to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
- The company explicitly referenced compliance with SEBI listing regulations in its submission.