News Stocks Euro Multivision Limited Delays Q3FY26 Financial Results Submission Due to Management TransitionEuro Multivision Limited Delays Q3FY26 Financial Results Submission Due to Management Transition
Euro Multivision Limited has delayed submission of its Q3FY26 unaudited financial results due by 14.02.2026, following a management transition under the Insolvency and Bankruptcy Code. New management led by Girish Jain and Chandra Prakash Ranka is reconstructing financial records from September 2022 onwards due to incomplete data availability. The company has committed to submitting pending results once the financial record verification process is completed in compliance with regulatory requirements.
*this image is generated using AI for illustrative purposes only.
Euro Multivision Limited has informed stock exchanges about its inability to submit unaudited financial results for the quarter and nine months ended 31.12.2025 within the regulatory deadline of 14.02.2026, as required under Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Management Transition Following Insolvency Proceedings
The delay is attributed to a significant management transition at the company. Mr. Girish Jain and Mr. Chandra Prakash Ranka have assumed control of Euro Multivision Limited through an auction process conducted under the Insolvency and Bankruptcy Code, 2016. The new management has taken charge from the liquidator and is currently focused on regularizing statutory and regulatory compliances.
Financial Record Reconstruction Challenges
The company faces substantial challenges in preparing its financial results due to the non-availability and reconciliation issues with complete financial records and data. The new management is undertaking a comprehensive process to reconstruct and verify financial records for relevant and prior financial periods, with efforts extending back to the quarter ended September 2022.
| Challenge Area: | Details |
|---|---|
| Record Availability: | Incomplete financial records and data |
| Reconstruction Period: | From quarter ended September 2022 onwards |
| Management Transition: | From liquidator to new management team |
| Compliance Focus: | Statutory and regulatory regularization |
Regulatory Compliance and Future Submissions
Euro Multivision Limited has assured that the pending financial results will be submitted in due course, ensuring compliance with applicable provisions of the Companies Act, 2013 and the SEBI (LODR) Regulations, 2015. The company's communication emphasizes its commitment to meeting regulatory requirements once the financial record reconstruction process is completed.
The notification was signed by Girish Jain, Managing Director (DIN: 06397865), and has been shared for public dissemination as required under regulatory guidelines.
17
