Bombay Potteries and Tiles Ltd has provided an update regarding the delay in submission of its Audited Financial Results for the quarter and financial year ended March 31, 2026, required under Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
The primary reason for the delay is the sudden resignation of the company's Statutory Auditor, which resulted in the inability to complete the audit of the financial statements within the prescribed timeline.
Subsequently, the Board of Directors of the Company, at its meeting held on June 9, 2026, appointed a new Statutory Auditor to fill the casual vacancy caused by the resignation. This appointment is subject to the approval of the shareholders of the Company.
The approval of shareholders for the appointment of the Statutory Auditor will be sought at an Extraordinary General Meeting (EOGM) scheduled to be held on July 7, 2026.
Upon receipt of shareholders' approval and completion of the statutory audit process, the Company will convene a meeting of the Board of Directors at the earliest opportunity for consideration and approval of the Audited Financial Results. The results will then be submitted to the Stock Exchange in compliance with Regulation 33 of the SEBI (LODR) Regulations, 2015.
The Company states it remains committed to ensuring compliance with all applicable regulatory requirements and is taking all necessary steps to complete the audit process at the earliest.