NewsEarningsLord's Mark Industries Limited Addresses Regulatory Compliance Issues in Q2FY26 Financial ResultsLord's Mark Industries Limited Addresses Regulatory Compliance Issues in Q2FY26 Financial Results
Lord's Mark Industries Limited rectified compliance discrepancies in its Q2FY26 financial results submission following BSE communications. The company corrected Consolidated Limited Review Report format issues and missing signatures in Standalone Financial Results, obtaining proper board authorization and resubmitting compliant documents to ensure full SEBI regulatory adherence.
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Lord's Mark Industries Limited has successfully addressed regulatory compliance discrepancies in its financial results submission for the quarter ended September 30, 2025, following correspondence from BSE Limited regarding non-compliance issues identified in December 2025.
Regulatory Compliance Issues Identified
The company faced two primary compliance challenges in its initial submission under Regulation 33/52 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. These issues required immediate rectification to ensure full regulatory compliance.
| Issue Type: | Description | Resolution Status |
|---|---|---|
| Consolidated Review Report: | Format non-compliance with SEBI Circular CIR/CFD/CMD1/44/2019 | Rectified |
| Standalone Results: | Missing required signatures under Regulation 33(2)(b) | Rectified |
Consolidated Financial Results Correction
The Consolidated Limited Review Report initially submitted did not strictly comply with the format prescribed under SEBI Circular No. CIR/CFD/CMD1/44/2019 dated March 29, 2019. Specifically, Point No. 4 of the prescribed format was inadvertently omitted from the original submission.
The company has obtained a revised Consolidated Limited Review Report from its Statutory Auditors, ensuring complete compliance with the SEBI-prescribed format requirements.
Standalone Financial Results Amendment
The Standalone Financial Results were inadvertently uploaded without the requisite signature as required under Regulation 33(2)(b) of SEBI (LODR) Regulations, 2015. This technical oversight has been fully addressed through proper authorization procedures.
| Authorization Details: | Information |
|---|---|
| Board Resolution Date: | November 12, 2025 |
| Authorized Signatory: | Mr. Vinay Benigopal Sarda, Director |
| Director Identification: | DIN-07586783 |
| Meeting Time: | 4:30 P.M. |
Board Authorization and Documentation
The Board of Directors passed a comprehensive resolution on November 12, 2025, authorizing Mr. Vinay Benigopal Sarda to sign both Standalone and Consolidated Unaudited Financial Results for the quarter and half-year ended September 30, 2025. The resolution also empowers the authorized director to submit financial results to stock exchanges along with all necessary supporting documents.
A certified true copy of the Board Resolution has been provided to BSE Limited as part of the compliance documentation. The rectified PDF files for both Standalone and Consolidated Financial Results have been uploaded on the BSE Listing Portal.
Company Commitment to Compliance
Lord's Mark Industries Limited has expressed regret for the inconvenience caused by these initial compliance issues. The company has assured strict adherence to SEBI (LODR) Regulations in all future submissions, demonstrating its commitment to maintaining high standards of regulatory compliance and transparency in financial reporting.
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