Rajnandini Metal Limited Clarifies Segment Reporting for Financial Results
Rajnandini Metal Limited has provided a clarification to the National Stock Exchange of India (NSE) regarding the submission of segment details in its financial results. In response to an email dated ...
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Why is Rajnandini Metal Limited in the news today?
Rajnandini Metal Limited (RAJMET) is in the news due to the announcement is a clarification regarding financial reporting and does not contain any positive or negative financial news.
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Rajnandini Metal Limited Clarifies Segment Reporting for Financial Results
December 23, 2025, 12:49 PM
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Rajnandini Metal Limited has provided a clarification to the National Stock Exchange of India (NSE) regarding the submission of segment details in its financial results. In response to an email dated September 11, 2025, the company stated that it operates under a single primary business segment: the manufacturing and supply of copper wires.
Based on the guiding principles of Ind AS 108 "Operating Segments" notified by the Companies (Indian Accounting Standards) Rule, 2015, the company asserts that the disclosure requirements for multiple segments are not applicable. This clarification was submitted on September 12, 2025, to the NSE's Listing Department.
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