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"In accordance with the Sebi master circular, we would like to submit that there has been a delay in the preparation of the consolidated financial results on account of the unavailability of the management," said Balaji Amines in an exchange filing.
The gold refiner and manufacturer, which posted revenues of ₹3.4 lakh crore in FY23 and has a market value of over ₹17,000 crore, did not put out its audit report and a comparative number of cash flow statements when it announced its FY23 and Q4 results on May 30. Chartered accountants said the audit report - the auditor s note on the company s financial statement - is tracked closely by investors. Rajesh Exports did not respond to ET s query on the matter.