Polysil Irrigation Systems Limited — Important, 03-01-2025: Updates

The Board of Directors has reviewed the NSE's notice regarding a non-compliance issue related to a 17-day delay in submitting financial results for the half-year ended September 30, 2024. The Board acknowledges the fine imposed by the NSE and stresses its commitment to regulatory compliance. It emphasized that the delay was unintentional and has resolved to enhance oversight by seeking expert advisory support and implementing measures to prevent future delays. The fine has already been settled within the stipulated timeline. The Board is focused on improving compliance processes to ensure timely submissions in the future, positively impacting shareholder trust and operational integrity.