India Cements responded to clarifications sought regarding the audited financial results for the quarter and year ended 31st March 2025.
The company addressed issues related to the Independent Auditor's Report, specifically concerning the UDIN numbers for M/s. Brahmayya & Co. and M/s. S. Viswanathan LLP, where an incorrect UDIN was initially reported for both auditors. Revised reports have been submitted.
The company clarified that the financial results were signed by Mr. K.C. Jhanwar, a Director authorized by the Board, as the company does not have a regular Chairperson, Managing Director, or a Whole-time Director.
The company clarified that the financial results were submitted to the National Stock Exchange of India within the stipulated time frame, considering the board meeting was held on a non-trading day.