Specifics of Delay
The Board Meeting of the Company was convened on 30 May 2026 to consider and approve the Audited Financial Results for the quarter and financial year ended 31 March 2026. However, the Board was not in a position to finalize and approve the Financial Results during this meeting.
Reason for Delay
The delay was caused by non-availability of certain critical information and incomplete audit-related procedures. The company states this requirement was necessary to ensure correctness and compliance in the financial statements.
Resolution Timeline
The Board adjourned the meeting on May 30, 2026 and reconvened on 02 June 2026 for consideration and approval of the Audited Financial Results.
Company Statement
The delay was described as neither intentional nor due to any negligence on the part of the Company. The Company reaffirmed its commitment to maintaining the highest standards of corporate governance and regulatory compliance.