Richa Industries Delays Q2 2025 Results Amid NCLT Liquidation Proceedings

Richa Industries Limited (INE516H01012), currently undergoing liquidation proceedings, has announced a delay in submitting its unaudited financial results for the June Quarter 2025. The company, which is under the supervision of the National Company Law Tribunal (NCLT) as per the Insolvency and Bankruptcy Code, 2016, cited unavoidable delays in the preparation and finalization of its financial statements as the reason for missing the prescribed submission timeline.

Liquidation Proceedings Impact Financial Reporting

Richa Industries is facing challenges in meeting regulatory requirements due to its ongoing liquidation process. This situation has significantly impacted the company's ability to prepare and submit its financial statements in a timely manner.

Communication with BSE

In response to an email from the BSE dated September 12, 2025, regarding the non-submission of the June Quarter results, Richa Industries has provided a formal intimation. The company had previously filed a corporate announcement on September 3, 2025, informing stakeholders about the submission of unaudited financial results for the quarter ended June 2025.

Commitment to Regulatory Compliance

Despite the current challenges, Richa Industries has expressed its commitment to ensuring timely compliance with all regulatory requirements. The company stated:

"We remain committed to ensuring timely compliance with all regulatory requirements and will take necessary measures to avoid any delays in future submissions of financial statement as per the SEBI (LODR) Regulations, 2015."

Looking Forward

As Richa Industries navigates through its liquidation proceedings, stakeholders and investors will be closely monitoring the company's ability to meet its regulatory obligations. The delay in financial reporting adds another layer of complexity to the company's already challenging situation under NCLT supervision.

The company has requested understanding and support from the BSE during this transitional period, assuring its continued commitment to regulatory compliance. As the situation develops, further updates on Richa Industries' financial status and the progress of liquidation proceedings are anticipated.