Summary of the Company’s Response
Shyam Telecom Limited submitted a clarification to the National Stock Exchange of India Limited (NSE) on 23rd June 2026, in response to a query regarding the non-inclusion of a note relating to balancing figures in the Outcome of the Board Meeting filed on 26th May 2026. The company acknowledged that the note was inadvertently omitted due to an oversight during compilation and submission. It assured the Exchange that there was no intention to withhold material information and stated that corrective measures have been initiated to ensure greater diligence in future filings. The company reiterated its commitment to corporate governance, transparency, and compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Revised financial results incorporating the balancing figure note were enclosed.
Date of Communication and Nature of Query
The communication date is 23rd June 2026. The query from NSE pertained to the non-inclusion of a note about balancing figures in the financial results submission dated 26th May 2026.
Company’s Clarification on Trading Volume and Financial Results
The document does not contain any information related to trading volume discrepancies. The clarification focuses solely on the omission of a financial note. The balancing figures note explains that the figures for the quarter ended 31st March 2026 and 31st March 2025 are derived as the difference between the audited full-year figures and the published unaudited year-to-date figures up to the third quarter of the relevant financial year.
Reference to Regulatory Compliance
The letter explicitly references compliance with the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Details of Financial Results Clarification
The audited financial results for the quarter and year ended 31st March 2026 show a continued challenging financial position:
- Annual Performance (FY26): Total Revenue was Rs. 38.28 lakhs (vs. Rs. 13.86 lakhs in FY25). The company reported a significant Loss Before Tax of Rs. (501.75) lakhs and a Net Loss of Rs. (502.01) lakhs for the year.
- Quarterly Performance (Q4 FY26): Total Revenue was Rs. 12.68 lakhs. The Net Loss for the quarter was Rs. (35.52) lakhs.
- Key Financial Position Notes: The net worth of the company has been fully eroded, and current liabilities exceed current assets substantially. However, the financial statements have been prepared on a going concern basis as the company continues its operations.
- Earnings Per Share: Basic and Diluted EPS for the year stood at Rs. (4.44), compared to Rs. (1.64) in the previous year.