NSEReply to Clarification- Financial results10 Jul 2026 · 10 Jul 2026, 03:20 pm
Reply to Clarification- Financial results
Wonder Electricals Limited · WEL
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Wonder Electricals Limited replied to the Exchange's clarification regarding the discrepancy in standalone and consolidated financial results for the quarter and year ended March 2026. The Company clarified that it had formed an LLP, Integrated Motion & Control LLP, in which it holds 51% interest, but the LLP had not commenced operations and had no business activity up to 31st March 2026, resulting in identical standalone and consolidated financial results.
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Earnings Impact5/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk8/10
Balance Sheet Risk4/10
Liquidity Impact6/10
Market Sentiment5/10
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Full Announcement
The Exchange had sought clarification from Wonder Electricals Limited for the quarter ended 31-Mar-2026 with respect to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. On basis of above the Company was required to clarify the following: The response of the Company is enclosed.
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Date:26.06.2026
To, To,
Listing Compliance Department BSE Limited
National Stock Exchange of India Limited (NSE) C o r p o r a t e R e l ation Department
Exchange Plaza, Plot no. C-1, Block-G, 1st Floor, New Trading Ring
Rotunga Building Phiroze Jeejeebhoy Towers
Bandra Kurla Complex,
Dalal Street, Mumbai - 400 001
Bandra (E), Mumbai -400 051
Scrip Code: 543449
Scrip Symbol: WEL
ISIN: INE02WG01024
Subject: Clarification on Discrepancy in Standalone and Consolidated Financial Results– Quarter and year
ended March 2026
Dear Sir / Madam,
This is with reference to the observations raised by the Exchange regarding the Standalone and Consolidated
Financial Results submitted under Regulation 33 of SEBI (LODR) Regulations, 2015 for the quarter and year
ended March 2026. We sincerely regret the inconvenience caused and submit our reply as under:
Observation:
Financial results submitted is not as per format prescribed under Schedule III of the Companies Act, 2013
or as per Indian Accounting Standard-Same figures mentioned in standalone and consolidated financial
results
Reply:
We wish to clarify that during the financial year, the Company incorporated an LLP namely “Integrated Motion
& Control LLP” on 02 April 2025, in which the Company holds 51% interest. The said LLP has been formed with
the objective of carrying on the business of manufacturing and assembling PCB cards for use in ceiling fans and
other electronic products. However, up to 31st March 2026, the said LLP had not commenced its operations and
had not carried out any business activity.
In view of the above, there were no figures available for consolidation and therefore, the Standalone and
Consolidated Financial Results for the quarter and year ended March 2026 are identical. The Consolidated
Financial Results have been prepared solely to comply with the applicable regulatory requirements.
We assure the Exchange that due care shall be taken to avoid recurrence of such instances in future. We request
you to kindly take the above clarification on record.
Thanking you,
Yours faithfully,
For Wonder Electricals Limited
Dhruv Kumar Jha
Company Secretary & Compliance Officer