NSEReply to Clarification- Financial results2d ago · 27 Jul 2026, 02:12 pm
Reply to Clarification- Financial results
Innovision Limited · INNOVISION
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Innovision Limited has responded to a clarification request from the National Stock Exchange (NSE) regarding discrepancies in its financial results for the quarter ended 31-Mar-2026. The company had submitted a corrected XBRL filing and other required documents to rectify the issues, which included discrepancies in XBRL filing, mismatch in standalone and consolidated earnings per equity share for discontinued operations, and non-submission of a declaration for an unmodified audit opinion.
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The Exchange had sought clarification from Innovision 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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INNOVISION2007_20072026191237_Response_to_NSE_query160726_LH_signed.pdf
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Date: 20/07/2026
National Stock Exchange of India Ltd (NSE)
Exchange Plaza, C-1, Block G, Bandra Kurla
Complex (BKC), Bandra (East),
Mumbai – 400051
NSE Code: INNOVISION
Fax: +91 22 2659 8237 / 38
Subject: Response to NSE Email dated 16 July 2026 regarding Deficiencies/Non-Submission
Observed in the Outcome of Board Meeting – Financial Results Submitted on 28 May 2026
Ref.: Outcome of Board Meeting – Financial Results of Innovision Limited for quarter and year
ended 31st March, 2026
Dear Sir/Madam,
This is with reference to your communication highlighting certain deficiencies observed in the Outcome
of Board Meeting relating to the Audited Financial Results of Innovision Limited submitted to the
Exchange on 28 May 2026.
In this regard, we respectfully submit that same query was earlier raised by the Exchange, to which the
Company had already submitted a detailed clarification vide its letter dated 01 July 2026. The Company
had also rectified the observations pointed out by the Exchange and resubmitted the corrected XBRL
filing and other requisite documents, as applicable:
1. Discrepancies in the XBRL Filing
The discrepancies observed in the XBRL submission was in decimals and due to inadvertent data
mapping errors.
The details are as under:
a. Standalone XBRL and PDF figures not matching
The mismatch between the Standalone XBRL filing and the PDF version of the financial results, was
in decimals and purely due data entry / mapping error while preparing the XBRL instance document.
The PDF financial results approved by the Board of Directors represent the correct financial figures.
b. Mismatch in Standalone and Consolidated Earnings Per Equity Share for Discontinued
Operations
The Earnings Per Equity Share for discontinued operations was inadvertently populated in the XBRL
filing despite there being no profit or loss from discontinued operations during the reporting period.
This resulted in a mismatch between the XBRL filing and the approved financial statements.
INNOVISION LIMITED
ISO 9001 : 2008 | ISO/IEC 27001 : 2005 | ISO 14001:2015 | OHSAS 18001:2007 | CIN NO. U74910DL2007PLC157700
Corp. Office: Plot No 251, 1st Floor, Udyog Vihar, Phase 4, Gurugram-122015, Haryana. | Regd. Office: 1/209, First Floor Sadar Bazar, Delhi Cantt Delhi-
110010
0124-4387354/2341602, | 0124-2340186, | info@innovision.co.in, | www.innovision.co.in
c. Mismatch in Consolidated Cash Flow Statement figures in XBRL
The discrepancy in the Consolidated Cash Flow Statement was in decimals and due to inadvertent data
mapping errors. The figures appearing in the approved PDF financial statements are correct and duly
approved by the Board.
We have taken note of the above discrepancies and has submitted the corrected XBRL filing
incorporating the accurate financial information as approved by the Board of Directors.
2. Non-submission of Declaration in case of Unmodified Audit Opinion
We sincerely regret the inadvertent omission in submitting the declaration confirming the unmodified
audit opinion along with the financial results.
We wish to submit that the Statutory Auditors have issued an Unmodified Audit Opinion on both the
Standalone and Consolidated Financial Statements of the Company for the financial year ended 31
March 2026.
To rectify the omission, the Company has submitted the requisite Declaration in respect of the
Unmodified Audit Opinion in compliance with Regulation 33 of the SEBI (Listing Obligations and
Disclosure Requirements) Regulations, 2015.
The Company values its compliance obligations and remains committed to maintaining the highest
standards of corporate governance and regulatory compliance. In view of the above, we respectfully
request your good office to kindly take the corrected XBRL filing, the declaration relating to the
unmodified audit opinion, and the above clarifications on record, and treat the matter as duly complied
with.
We sincerely regret the inconvenience caused and request your kind consideration in this regard.
Thanking you.
Yours faithfully,
For Innovision Limited
Ms. Jyoti Sachdeva
Company Secretary & Compliance Officer
M. No-A22176
INNOVISION LIMITED
ISO 9001 : 2008 | ISO/IEC 27001 : 2005 | ISO 14001:2015 | OHSAS 18001:2007 | CIN NO. U74910DL2007PLC157700
Corp. Office: Plot No 251, 1st Floor, Udyog Vihar, Phase 4, Gurugram-122015, Haryana. | Regd. Office: 1/209, First Floor Sadar Bazar, Delhi Cantt Delhi-
110010
0124-4387354/2341602, | 0124-2340186, | info@innovision.co.in, | www.innovision.co.in