Company Response Summary

NSE Symbol: IVC

Communication Details

Date of Communication: September 12, 2025

Nature of Query: The company is responding to an email dated September 8, 2025 from the National Stock Exchange (NSE) seeking clarification on the non-submission of consolidated results for the period ended June 30, 2025.

Company's Clarification on Results Delay

The company provided a three-point clarification regarding the delay in submitting consolidated results:

1. The company had previously informed both NSE and BSE about this matter in the outcome of the Board Meeting for adoption of Standalone Results for the quarter ended June 30, 2025, which was held on August 14, 2025. The reason stated was that "the Group's Consolidated Results for the quarter ended June 30, 2025 could not be adopted as the subsidiaries of the Company, namely Andhra Pradesh Urban Infrastructure Asset Management Limited (APUIAML) and IL&FS Investment Advisors LLC have not provided their Limited Reviewed Results."

2. This explanation also forms part of point no. 10 of the notes to the results that were previously submitted to the Exchange.

3. The company is planning to hold its Board meeting for adoption of Consolidated Results for the period ended June 30, 2025 by the end of September 2025. The company committed to providing intimation of this meeting to both NSE and BSE in due course.

Regulatory Compliance Reference

The communication represents the company's compliance with regulatory requirements for timely disclosure and response to exchange queries regarding financial reporting obligations.

Topic Tags

Regulatory Response, Financial Results Delay, Compliance, Subsidiary Reporting Issues, Exchange Communication