Delay caused by severe financial constraints due to inordinate delays in subsidy and energy claim processing/release by central and state governments for urea as well as micro irrigation for more than 2 years
Company has been defaulting on salary payments and payments to vendors (including Control S and IBM)
Loss of access to SAP systems from May 05, 2026 due to payment defaults
These factors resulted in delays in preparation and finalization of financial results
Compliance Update:
Company is making its best effort to finalize and submit the results on or before August 30, 2026
No further compliance update disclosed regarding subsequent submission of results
