BSECompany Update23 Jun 2026 · 23 Jun 2026, 12:44 pm
Update on Labor Unrest and Detailed Reasons for Further Delay in submission of Audited Financial Results
TeleCanor Global Ltd · 530595
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TeleCanor Global Ltd announced a further delay in submitting its audited financial results for the quarter and financial year ended March 31, 2026. The delay is attributed to ongoing labor unrest at the company's farm facility, which has prevented auditors from accessing and verifying necessary financial data. Management is engaged in mediation efforts and estimates no material financial loss or adverse long-term impact. The company expects the situation to de-escalate within four weeks, after which the results will be finalized and announced.
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Earnings Impact4/10
Growth Catalyst1/10
Governance Concern6/10
Regulatory Risk7/10
Balance Sheet Risk5/10
Liquidity Impact3/10
Market Sentiment3/10
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TeleCanor Global Ltd - 530595 - Update On Labor Unrest And Detailed Reasons For Further Delay In Submission Of Audited Financial Results
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23.06.2026
Hyderabad
Corporate Compliance Dept,
BSE Limited,
Phiroze Jeejeebhoy Tower,
Dalal Street, Mumbai – 400 001
Sub: Disclosures under Regulation 30 of SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015 – Update on labor unrest and detailed reasons for further
delay in submission of Audited Financial Results
Ref: Scrip Code: 530595 | Scrip ID: TELECANOR
Dear Sir/Madam,
This is in continuation to our earlier intimation dated 30.05.2026 regarding the postponement
of the meeting of the Board of Directors under Regulation 29 of the SEBI (Listing Obligations
and Disclosure Requirements) Regulations, 2015 ("SEBI (LODR) Regulations"), and the
subsequent delay in submission of the Audited Financial Results for the quarter and financial
year ended 31.03.2026.
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015, read with SEBI Circular as applicable, which mandates the disclosure of
detailed reasons for any delay in the submission of financial results beyond the statutory
timelines prescribed under Regulation 33 of the SEBI (LODR) Regulations, we wish to provide
the following update regarding the operational situation at the Company's farm facility:
1. Detailed Reasons for Delay:
The preparation and finalization of the Audited Financial Results continue to be delayed due
to ongoing labor unrest at the company's farm facility. The management has actively
engaged with the respective labor factions and has formally requesting them to set aside
internal differences and cease confrontational activities. Local political leaders and
community representatives have also been involved in facilitating discussions and
mediation efforts. However, deep-rooted ideological differences between the factions have
so far prevented the realization of a peaceful and cooperative atmosphere necessary for
formal negotiations and normal operations. As a result, the statutory auditors have been
unable to safely access, verify, and finalize the financial data required to conclude the audit
processes.
2. Material and Financial Impact:
As on date, the management estimates that this situation does not pose any material
financial loss or adverse long-term impact on the financial position of the Company. The
delay is entirely administrative and procedural regarding data compilation, verification and
audit of financial information.
TeleCanor Global Limited
3. Expected Timeline for Rectification:
The management is continuously monitoring the developments and is exploring alternative
remediation channels. We reasonably expect the situation to de-escalate and improve
within the next 4 weeks, following which the financial books will be closed, audited, and a
rescheduled Board Meeting will be formally intimated to the Stock Exchange in accordance
with Regulation 29 of the SEBI (LODR) Regulations.
Further, in compliance with the SEBI (Prohibition of Insider Trading) Regulations, 2015, the
Trading Window for dealing in securities of the Company by all Designated Persons and their
immediate relatives shall continue to remain closed until 48 hours after the formal declaration
and dissemination of the Audited Financial Results to the stock exchange.
This is for your information and dissemination to the general public.
Thanking you
Yours faithfully
FOR TELECANOR GLOBAL LIMITED
PILLI SWETHA
WHOLE TIME DIRECTOR
DIN: 06397865
TeleCanor Global Limited