Setco Automotive Limited has submitted a formal intimation to both BSE Limited and the National Stock Exchange of India Ltd regarding a delay in submitting its audited financial results.
Nature of Disclosure: The company is disclosing a delay in the submission of its Audited Standalone & Consolidated Financial Results for the quarter and financial year ended March 31, 2026. This disclosure is made under Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Reason for Delay: The delay is attributed to the need for additional time to finalize and review the financial statements. This includes the completion of audit and limited review procedures, as well as the incorporation of certain financial adjustments. The stated purpose of these steps is to ensure the accuracy of the results and compliance with applicable accounting standards and regulatory requirements.
Company Assurance & Commitment: The company states it has taken all necessary steps to complete the process at the earliest. It commits to submitting the Financial Results immediately upon their completion. The company characterizes the delay as neither intentional nor deliberate and expresses regret for the inconvenience caused. It further reaffirms its commitment to complying with all provisions of the SEBI LODR Regulations and promises to take measures to avoid such delays in the future.