Bharat Global Developers Ltd. has disclosed to the Bombay Stock Exchange the reasons behind its delay in submitting unaudited financial results for the quarter and half-year ended September 30, 2025. The company cited pending finalization of key financial data and adjustments as the primary cause for missing the regulatory deadline under SEBI (LODR) Regulations, 2018.

Board Meeting Postponements and Timeline

The company's disclosure reveals a series of scheduling challenges that contributed to the delay. The board meeting was originally scheduled for September 14, 2025, to consider and approve the unaudited financial results. However, this meeting was subsequently postponed and rescheduled to November 20, 2025, at the company's registered office.

Reasons for Delay

According to the company's communication to BSE, the primary factors contributing to the delay included:

• Pending finalization of key financial data required for result preparation
• Outstanding adjustments necessary for completing unaudited financial statements
• Inability to close financial statements within the stipulated regulatory timeline

The company acknowledged that these pending items resulted in their failure to meet the SEBI (LODR) Regulations, 2018 requirements for timely submission of quarterly results.

Company's Response and Commitments

Bharat Global Developers has indicated that it has taken necessary steps to address the challenges that led to the delay. The company expressed its commitment to ensuring such delays do not occur in future reporting periods. In its disclosure, the management emphasized their dedication to maintaining transparency with all stakeholders.

The company also noted that it had previously informed the exchange and stakeholders about the potential delay in advance on November 14, 2025, demonstrating proactive communication regarding the submission challenges.

Regulatory Compliance Request

In its communication signed by Managing Director Keyurkumar Pravinbhai Patel (DIN: 10822762), the company respectfully requested that no adverse action be taken against it for the delayed submission. The disclosure was made under Regulation 29 of the SEBI (LODR) Regulations, 2015, which governs board meeting notifications and result submissions.

The company, formerly known as Kkrrafton Developers Ltd., operates under CIN L70100GJ1992PLC017815 and maintains its registered office in Ahmedabad, Gujarat. This delay represents a compliance challenge that the company aims to resolve while maintaining its commitment to regulatory transparency.

Bharat Global Developers Ltd has announced a significant change in its key management personnel. Mr. Dheeraj Kumar Sahu, who held the position of Company Secretary, Compliance Officer, and Key Managerial Personnel (KMP), has tendered his resignation effective November 30, 2025.

Resignation Details

Mr. Sahu cited personal reasons for his departure, stating that he has found a better opportunity elsewhere. The company has confirmed that there are no other reasons for his resignation beyond those provided in his resignation letter.

Company's Response

In response to this development, Bharat Global Developers Ltd has initiated the process of shortlisting potential candidates to fill the vacant position. The company has assured stakeholders that the selection process will be completed within the prescribed timelines as per SEBI (LODR) Regulations.

Compliance with SEBI Regulations

This announcement is in line with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, which mandates prompt disclosure of such changes in key management positions.

Key Information

Bharat Global Developers Ltd has stated that it will make the required disclosure pursuant to the appointment of a new Company Secretary and Compliance Officer at the relevant time.

Investors and stakeholders are advised to keep an eye on further announcements from the company regarding the appointment of a new Company Secretary and Compliance Officer.