Quarterly Result28 March 2026 at 05:21 pm
BKM Industries Ltd. Submits Standalone and Consolidated Financial Results for Q2 & FY ended 30th September 2021
AI Summary
BKM Industries Ltd. has declared its financial results for the quarter and financial year ended 30th September 2021, following the approval of the Resolution Plan by the National Company Law Tribunal (NCLT) under the Insolvency and Bankruptcy Code, 2016. The company was undergoing Corporate Insolvency Resolution Process (CIRP) and could not finalize and submit the results within the prescribed timelines. The Resolution Plan has granted appropriate reliefs and immunities for effective implementation, allowing the company to submit the financial results and regularize past compliances.
Key Highlights
- BKM Industries Ltd. has submitted its standalone and consolidated financial results for the quarter and financial year ended 30th September 2021.
- The results were delayed due to the Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016.
- The National Company Law Tribunal (NCLT) has approved the Resolution Plan, granting appropriate reliefs and immunities for effective implementation.
- The company has now regularized past compliances by submitting the financial results.
- The financial results have been prepared in accordance with applicable accounting standards and have been subject to Limited Review by the Statutory Auditors.
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