Vertoz Limited Regulatory Compliance Clarification
Summary of Company Response
Vertoz Limited provided a detailed clarification to the National Stock Exchange of India Limited regarding a discrepancy identified in their XBRL filing for the quarter ended 30th June, 2026.
Date and Nature of Exchange Query
- Date of NSE Query: 2nd September, 2026 (received via email at 2:12 p.m. and through NSE Digital Exchange Portal)
- Nature of Query: Discrepancy in Earnings Per Share (EPS) reported in the Standalone XBRL filing versus the PDF version of Un-audited Financial Results for Q1 FY27
Company's Clarification on Financial Results Discrepancy
- The Board of Directors approved the Un-audited Standalone and Consolidated Financial Results at their meeting held on Thursday, 13th August, 2026
- The correct Basic and Diluted Earnings Per Share as approved by the Board and reported in the PDF format is ₹0.19 per equity share (not annualized)
- The XBRL submission inadvertently captured the EPS as ₹0.20 per equity share due to a rounding-off error
- The company confirmed this was purely a typographical error confined solely to the XBRL submission
- There is no change whatsoever in the financial results, financial statements, or any underlying figures approved by the Audit Committee and Board
- The discrepancy has no impact on the financial position or financial performance of the company
Regulatory Compliance Reference
- The original results submission was made in compliance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
- The submission included the Limited Review Report of the Statutory Auditors
- The company refiled the corrected Standalone XBRL to reflect the correct Basic and Diluted EPS of ₹0.19 per equity share
Corrective Measures Implemented
- The company has strengthened its internal review mechanism by introducing an additional line-by-line reconciliation between PDF Financial Results and XBRL data prior to submission
- This measure is intended to prevent recurrence of similar instances
Communication Details
- Response Date: 4th September, 2026
- Submission Method: NSE's Electronic Application Processing System (NEAPS)
- Exchange Reference: Listing Compliance Direct No. 2659 8458/8235/8236
Topic Tags: Regulatory Response, Financial Results Clarification, XBRL Filing Error, Compliance, EPS Correction