Prime Securities Limited — Results, 25-03-2025: Reply to Clarification- Financial results

Prime Securities Limited has announced a board meeting to clarify its financial results. The company confirmed compliance with Ind-AS and the Ministry of Corporate Affairs requirements, which govern the financial statements for non-banking financial companies. While both standalone and consolidated financial results were submitted correctly in the XBRL format, an inadvertent upload under the wrong head caused discrepancies. The results have now been uploaded correctly, ensuring transparency in reporting.

This update addresses prior concerns and may foster a positive outlook among investors, as accurate financial representation builds trust and confidence in the company’s governance.