Osia Hyper Retail Limited Response to NSE Queries

Date and Nature of Exchange Communication

This document is a formal reply from Osia Hyper Retail Limited to the National Stock Exchange of India Limited (NSE), dated 19th August 2025. It is a response to clarification queries raised by the NSE via a reminder email (Reference: Reminder 49) dated 7th August 2025, concerning the company's audited financial results for the quarter and year ended 31st March 2025.

Company’s Clarification on Queries

Query 1: Segment details not submitted

  • The company clarified that its entire business falls within a single segment, which is Retail. Therefore, segment reporting was deemed not applicable.
  • The company also stated that segment details had already been provided in its XBRL filing and committed to including disclosure of Segment Reporting in the Notes to Financial Results for all future quarters.

Query 2: Statement of Impact of Audit Qualifications not submitted

  • The company attached the required Statement of Impact of Audit Qualifications to its reply, as the auditor's report contained a modified (qualified) opinion.

Details of Financial Results Clarification

The attached Statement on Impact of Audit Qualifications (Standalone) provided the following audited figures for the year ended 31st March 2025, showing no quantitative impact from the audit qualification:

  • Turnover / Total income: ₹1,43,275.12
  • Total Expenditure: ₹1,40,712.89
  • Net Profit/(Loss): ₹2,562.23
  • Earnings Per Share: ₹1.46
  • Total Assets: ₹83,909.57
  • Total Liabilities: ₹44,656.48
  • Net Worth: ₹39,253.09

Details of the Audit Qualification:

  • The qualification was due to a delay by management in making payments to a Non-Banking Financial Company (NBFC) concerning some vendor financing arrangements that were contractually due on a specified date.
  • Type of Qualification: Qualified Opinion
  • Frequency: This qualification appeared for the first time.
  • Management's View: The company affirmed that it would not delay the settlement of dues payable to the said NBFC in the future. The impact of this qualification was not quantified by the auditor, and management confirmed there was no financial impact on the reported figures (as shown by identical 'Audited Figures' and 'Adjusted Figures').

Reference to Regulatory Compliance

The reply is framed in the context of complying with the NSE's request for information. The attached Statement of Impact is prepared pursuant to Regulation 33(3)(d) of the SEBI (Listing Obligations and Disclosure Requirements) (Amendment) Regulations, 2016.

Signatories and Authentication

The letter was digitally signed by Dhirendra Gautamkumar Chopra, Chairman & Managing Director (DIN: 06473774). The attached annexure was signed by the Managing Director (Dhirendra Gautamkumar Chopra), CFO (Samir Babubhai Chunara), Audit Committee Chairman (Dheeraj Tolani), and the Statutory Auditor (CA Manoj Jain). It was dated and placed in Ahmedabad.

Topic Tags: Regulatory Response, Financial Results Clarification, Audit Qualification, Compliance, SEBI LODR