NSEReply to Clarification- Financial results2h ago · 22 Jul 2026, 06:11 pm
Reply to Clarification- Financial results
Shankara Building Products Limited · SHANKARA
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Shankara Building Products Limited has responded to the National Stock Exchange of India's clarification on its financial results for the quarter ended 31-Mar-2026. The company clarified three observations: non-submission of segment details, non-submission of machine-readable financial results, and discrepancies in XBRL and PDF filings.
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Full Announcement
The Exchange had sought clarification from Shankara Building Products 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: July 20, 2026
Listing Department
National Stock Exchange of India Limited
Exchange Plaza, Plot No. C-1,
G Block, Bandra Kurla Complex,
Bandra (E)
Mumbai- 400051
Symbol- SHANKARA
Sub: Reply to Observation on Financial Results Submission
With reference to the observations raised regarding the submission of the Financial Results, we
hereby submit our point-wise response as under:
1. Observation: Segment details not submitted.
Reply: The Company has undertaken a demerger of its Trading Business and Manufacturing
Business. Post the demerger, the Company operates in a single business segment. Accordingly,
the requirements relating to segment reporting under the applicable accounting standards are
not applicable, and hence, separate segment details were not submitted.
2. Observation: Machine Readable Form / Legible copy of Financial Results not submitted.
Reply: The Audit Report was submitted in machine-readable format. However, due to an
inadvertent technical error during the filing process, the Financial Results were not uploaded in
machine-readable format. We regret the inadvertent error and assure the Exchange that due care
will be exercised to ensure that all future submissions are made in the prescribed format.
3. Financial results submitted in XBRL with discrepancies-Mismatch in Standalone and
Consolidated Net cash flows from (used in) financing activities submitted in XBRL and PDF
The transfer of Rs. 39.91 crores between the divisions (pursuant to the Scheme of Arrangement)
has been shown separately in the PDF. In the XBRL filing, this amount has been disclosed under
"Cash flows from/(used in) financing activities" as there was no separate field available in the
XBRL taxonomy.
Consequently, there is a difference of Rs. 39.91 crores in the standalone as well as consolidated
net cash flows from/(used in) financing activities between the XBRL filing and the PDF.
We trust the above clarifies the observations. Kindly take the same on record.
For Shankara Building Products Limited
Ramesh S
Company Secretary & Compliance Officer