Austere Systems Limited announced the outcome of its Board of Directors meeting held on November 13, 2026. The board considered and approved the unaudited standalone and consolidated financial results for the half-year ended September 30, 2026. The company also reviewed a SEBI advisory letter concerning disclosures and corrective measures, and submitted a statement of deviation or variation for proceeds of a public issue.
Board Approves Financial Results
Austere Systems Limited held a Board of Directors meeting on November 13, 2026, at its corporate office in Gurugram. During this meeting, the board, upon the recommendation of the Audit Committee, approved the unaudited standalone and consolidated financial results of the company for the half-year ended September 30, 2026. The financial results, along with their limited review reports, have been enclosed with the filing.
Regulatory Compliance and Disclosure
The Board also took note of a SEBI Warning-cum-Advisory Letter dated October 1, 2026. This letter pertained to disclosures related to an order passed by the Hon’ble NCLAT on September 23, 2025. The board reviewed the consequential disclosures and approved corrective measures aimed at strengthening the company’s compliance processes. Furthermore, a statement of deviation or variation for proceeds of a public issue, pursuant to Regulation 32 of the SEBI (Listing Obligation and Disclosure Requirements) Regulation, 2015, for the half-year ended September 30, 2026, was submitted.
Meeting Details
The board meeting commenced at 03:00 P.M. and concluded at 03:45 P.M.
Source: BSE
