Summary of Company's Response
VISA Chrome Limited provided a formal clarification to the National Stock Exchange of India Limited regarding its financial results submission. The company addressed specific queries raised by the exchange in its email dated September 3, 2026.
Date and Nature of Exchange Query
- Query Date: September 3, 2026
- Subject: Clarification regarding financial results submission dated August 12, 2026
- Nature of Query: The exchange noted a deficiency/non-submission related to the format of financial results and identical standalone and consolidated figures
Company's Clarification on Financial Results
VISA Chrome Limited clarified that:
- The Consolidated Financial Results include the financial results of:
- VISA Chrome Limited (parent company)
- Its wholly owned subsidiary: Kalinganagar Chrome Private Limited (KCPL)
- Joint Venture: VISA Urban Infra Limited (VUIL)
- Both KCPL and VUIL have no commercial operations
- Neither entity had any business activity or revenue during the financial year ended March 31, 2026
- The financial impact of these two companies on the consolidated results is negligible
- The inclusion does not result in any change to the consolidated figures of VISA Chrome Limited
Regulatory Compliance Statement
The company confirmed that:
- Financial Results have been prepared in accordance with applicable Indian Accounting Standards
- Results comply with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
- Preparation follows Schedule II to the Companies Act, 2013 requirements