SGL Resources Limited has intimated the BSE Limited of a delay in convening the meeting of its Board of Directors for the consideration and approval of the audited financial results for the financial year ended 31st March, 2026.
The delay is attributed to the additional time required to finalize the financial statements for the period. The management, in consultation with the company's statutory auditors, has determined that a detailed review is necessary due to the complexity and significance of the financial information. This review is being undertaken to ensure the accuracy, completeness, compliance with applicable accounting standards, and fair presentation of the company's financial position.
The finance and accounts team, together with the statutory auditors, are working to conclude the remaining audit and consolidation procedures at the earliest. The company will intimate the stock exchanges with the new date for the Board Meeting to consider and approve the financial results in due course, in accordance with applicable regulatory requirements.
The company expressed regret for the inconvenience caused and reiterated its commitment to timely and transparent disclosures and full compliance with all applicable regulatory requirements relating to financial results and Board meeting intimations.
The intimation was signed by Kantilal Vrajlal Ladani, Whole Time Director and CFO (DIN: 00016171).