Poddar Housing and Development Limited — Important, 23-07-2025: Updates

Poddar Housing has received a show cause notice for delisting its equity shares due to past non-compliances. The company has informed exchanges it has begun addressing these, including declaring Q4 FY24 audited results and holding its AGM. Past issues were attributed to post-Covid effects, staff changes, and financial difficulties. Poddar Housing aims to complete all pending compliances within four months, including releasing multiple quarters of financial results and addressing board composition. This proactive step indicates management's commitment to regulatory adherence, working to prevent delisting.