
Clarification4 Jun 2026, 12:14 pm
Karnimata Cold Storage Clarifies Board Meeting Outcome Submission Delay
AI Summary
Karnimata Cold Storage Ltd has provided a clarification to the BSE regarding the delayed submission of the outcome of its board meeting held on May 28, 2026. The company stated that the financial results and auditor's report were approved on the meeting date. However, an unexpected breakdown in internal compliance systems and data servers, coupled with the subsequent weekend, caused the delay. The systems were restored on Monday morning, and the disclosures were uploaded to the BSE portal on June 1, 2026. The company attributes the delay to administrative and unintentional technical issues and requests the BSE to condone the late submission.
Key Highlights
- Company clarifies delay in submitting board meeting outcome.
- Board approved financial results and auditor's report on May 28, 2026.
- Delay caused by internal IT system breakdown and weekend.
- Outcome submitted on June 1, 2026, after system restoration.
- Delay was administrative and unintentional.
Price Impact
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