Financial Analyst Summary: Vardhman Holdings Limited Regulatory Response
Nature of Exchange Query and Company Response
Vardhman Holdings Limited responded to an email from the National Stock Exchange of India Limited's Surveillance Department dated September 9, 2026. The query concerned the company's financial results for the quarter ended June 30, 2026, which were "not signed by authorized signatory/ies."
The company clarified that Mr. S. P. Oswal, Chairman and Managing Director, was not present in the Board Meeting held on August 6, 2026. Consequently, the Board of Directors authorized Mrs. Suchita Jain, a Director of the company, to sign the Un-audited Financial Results for that quarter.
Regulatory Compliance Reference
The company enclosed a certified copy of the resolution passed in the August 6, 2026 board meeting. This resolution explicitly references compliance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The results were reviewed by the auditors and recommended by the Audit Committee before board approval.
Details of Authorization
The resolution authorized Mrs. Suchita Jain to sign the Un-Audited Financial Results and submit them to the stock exchanges along with the 'Limited Review Report' from the Statutory Auditors. Additionally, Mrs. Jain and Mr. Sandeep (Company Secretary) were authorized to publish the results in newspapers and ensure other compliances.
Topic Tags: Regulatory Response, Compliance, Financial Results Authorization, SEBI LODR, Board Resolution