JBF Industries Limited Regulatory Clarification
Date: 2nd July, 2026
Nature of Exchange Query
This communication is in response to an email from the National Stock Exchange of India Limited dated 29th June, 2026, regarding the "Outcome of Board Meeting-Financial Results" submitted to the Exchange dated 19-May, 2026.
Company's Clarification on Financial Results
The company clarifies that it did not receive the audited financial statements of its subsidiaries, which prevented the preparation of consolidated financial statements. Accordingly, no consolidated financial results have been published for the period ending May 2026.
Additional Details Regarding Subsidiary Status
The company disclosed that M/s. Madelin Enterprises Pvt. Ltd has acquired the company's holding in its subsidiary JBF Global Pte Ltd (situated at Singapore) under the SARFAESI Act. However, the share transfer is pending formalization, and the shares remain in the name of JBF Industries Limited as of the date of this communication.
Regulatory Compliance Reference
The communication is made under the Corporate Insolvency Resolution Process, with Mr. Mukesh Verma serving as the Resolution Professional (Registration No: IBBI/IPA-001/IP-P01665/2019-2020/12522).