JBF Industries Limited has provided a clarification regarding its financial results in response to an email dated 12th December, 2025. The company stated that due to ongoing financial restructuring and negotiations with lenders and investors, it has not received the audited financial statements of its subsidiaries. Consequently, JBF Industries Limited has been unable to prepare its consolidated financial statements, and therefore, no consolidated financial results have been published. Furthermore, the company informed that M/s. Madelin Enterprises Pvt. Ltd. has acquired JBF Industries Limited's stake in its subsidiary, JBF Global Pte Ltd, located in Singapore, under the SARFAESI Act. However, the transfer of shares is still pending, and as of the current date, the shares remain in the name of JBF Industries Limited. JBF Industries Limited is currently under Corporate Insolvency Resolution Process (CIRP).
