Summary of Regulatory Response
Wonder Electricals Limited submitted a clarification to both the National Stock Exchange of India Limited (NSE) and BSE Limited on June 26, 2026, regarding observations raised about their financial results submission.
Nature of Exchange Query
The exchanges raised an observation regarding the Standalone and Consolidated Financial Results submitted under Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 for the quarter and year ended March 2026. The specific observation noted that "Financial results submitted is not as per format prescribed under Schedule III of the Companies Act, 2013 or as per Indian Accounting Standard - Same figures mentioned in standalone and consolidated financial results."
Company's Clarification on Financial Results Discrepancy
The company clarified that during the financial year, it had incorporated an LLP named "Integrated Motion & Control LLP" on April 2, 2025, in which the company holds a 51% interest. The LLP was formed with the objective of carrying on the business of manufacturing and assembling PCB cards for use in ceiling fans and other electronic products. However, up to March 31, 2026, the LLP had not commenced its operations and had not carried out any business activity.
In view of this situation, there were no figures available for consolidation, which resulted in the Standalone and Consolidated Financial Results for the quarter and year ended March 2026 being identical. The Consolidated Financial Results were prepared solely to comply with applicable regulatory requirements.
Regulatory Compliance Reference
The communication explicitly references compliance with Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, which governs the submission of financial results by listed entities.
Assurance and Conclusion
The company assured the exchanges that "due care shall be taken to avoid recurrence of such instances in future" and requested that the clarification be taken on record.
The communication was digitally signed by Dhruv Kumar Jha, Company Secretary & Compliance Officer of Wonder Electricals Limited, on June 26, 2026, at 13:52:22 +05:30.