BKM Industries Ltd. Submits Overdue Financial Results for Q1 & FY 2022 After NCLT Approval

BKM Industries Ltd. has declared its standalone and consolidated financial results for the quarter and financial year ended 31st March 2022, following the approval of the Resolution Plan by the National Company Law Tribunal (NCLT) under the Insolvency and Bankruptcy Code, 2016. The company was undergoing Corporate Insolvency Resolution Process (CIRP), which led to delays in finalizing and submitting financial results. The approved Resolution Plan grants appropriate reliefs and immunities to ensure effective implementation. The financial results have been prepared in accordance with applicable accounting standards and are subject to Limited Review by the Statutory Auditors.