Videocon Industries Ltd. Submits Un-audited Financial Results for Q1 2024 After CIRP Delay

Videocon Industries Ltd. has submitted its un-audited financial results for the quarter ended on June 30, 2024, following a delay due to the ongoing Corporate Insolvency Resolution Process (CIRP). The company is currently undergoing CIRP, which has led to limited manpower and operational challenges, including the resignation of key accounting personnel and non-availability of pre-CIRP records. The delay has not caused any prejudice to investors as trading in the company’s securities has remained suspended on BSE and NSE since June 16, 2021. The company regrets the delay and confirms that necessary steps have been taken to ensure timely compliance going forward.