Regulatory Basis
The disclosure is made pursuant to Regulation 30 and Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and applicable provisions of SEBI Master Circulars.
Reason for Delay
The delay is attributed to unforeseen circumstances arising from the serious health condition of one of the key Directors of the Company. The director has suffered a brain hemorrhage and is presently undergoing medical treatment and recovery. Due to this situation, the Company has been unable to complete the necessary processes and obtain the required approvals for the finalization of the Audited Financial Results within the prescribed timeline.
Company Action and Commitment
The Company states it is making all possible efforts to complete the pending formalities and finalize the Audited Financial Results at the earliest. It has committed to keeping the Stock Exchange informed of any further developments and will submit the results as soon as the situation normalizes and the requisite processes are completed.
Financial Impact
Financial impact of the delay is not quantified in the disclosure.
#Tags: #MilestoneFurniture #SEBIDisclosure #RegulatoryCompliance #FinancialResultsDelay #Neutral