Omnipotent Industries Ltd has failed to submit its financial results within the regulatory timeline due to the inability to form a requisite board quorum. The company disclosed that the non-availability of certain directors prevented the board meeting from taking place, which in turn stalled the approval and submission of the financial results. This delay impacts the company's compliance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The company explained that financial results can be approved only at a duly constituted meeting of the Board of Directors. Consequently, the absence of a quorum meant the meeting could not be conducted, and the results could not be finalized. Omnipotent Industries had previously intimated the stock exchange regarding the adjournment of the board meeting within the prescribed timelines.

In a communication to BSE Limited, the company attributed the delay to the specific circumstance of director availability rather than operational issues. The clarification was submitted in response to a query from the exchange regarding the non-disclosure of detailed reasons for the delay, referencing Para B of Section III-A of Chapter III of SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/2023/120 dated July 11, 2023.

Omnipotent Industries is currently coordinating with the concerned directors to convene the board meeting at the earliest. The company stated that the meeting will be arranged upon the availability of the requisite directors, following which the financial results will be considered, approved, and submitted to the stock exchange without further delay. The company affirmed its commitment to ensuring compliance with all applicable provisions of the SEBI (LODR) Regulations, 2015.

Omnipotent Industries Limited will convene a board meeting on May 30, 2026, to consider and approve the audited financial results for the quarter and financial year ended March 31, 2026. The meeting is scheduled to take place at 5:00 P.M., following which the results along with the draft audit report will be submitted to the stock exchange.

The company stated that the trading window for designated persons and their immediate relatives has been closed since April 1, 2026. This closure is pursuant to the company's 'Code of Conduct to Regulate, Monitor and Report Trading by Designated Persons and their Immediate Relatives' and the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015. The window will remain shut until 48 hours after the declaration of the audited financial results.

Key Meeting Details

The intimation was submitted to BSE Limited under Regulation 29 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. Aman Patel, Company Secretary and Compliance Officer, signed the filing on behalf of Omnipotent Industries Limited.