Quadrant Televentures Limited has announced a postponement in the submission of its unaudited standalone financial results for the quarter and half-year ended September 30, 2026. This decision follows the approval of the Company’s Resolution Plan by the Hon’ble National Company Law Tribunal, Mumbai Bench-I, on November 3, 2026. Consequently, the powers of the Resolution Professional have ceased, and a Monitoring Committee will now oversee the approval process.
Financial Results Submission Delayed
Quadrant Televentures Limited has informed the stock exchange regarding a delay in the submission of its unaudited standalone financial results for the quarter and half-year ended September 30, 2026. The company was previously scheduled to submit these results on November 4, 2026.
Resolution Plan Approval Triggers Change
The postponement is a direct consequence of the Hon’ble National Company Law Tribunal, Mumbai Bench-I, approving the Resolution Plan submitted for the Company on November 3, 2026. With this approval, the authority of the Resolution Professional has concluded.
Monitoring Committee to Oversee Financials
A new Monitoring Committee will be established as per the terms of the approved Resolution Plan. This committee will be responsible for overseeing and managing the Company’s affairs during the implementation phase of the Resolution Plan. The unaudited financial results for the aforementioned period will now require consideration and approval by this Monitoring Committee. The Company will submit the finalized financial results to the stock exchange once the requisite approval process is completed and the results are duly signed.
Trading Window Closure
Further to this development, the company also reiterated that the trading window for dealing in its securities, which was closed vide their letter dated September 25, 2026, will remain closed until the declaration of the financial results.
Source: BSE
