'Update on closure of a wholly owned subsidiary'
As filed · Carborundum Universal Limited has informed the Exchange regarding 'Update on closure of a wholly owned subsidiary'.
BusinessLowmateriality 34 out of 100
What happened
FactUpdate on closure of a wholly owned subsidiary'. Update on closure of a wholly owned subsidiary. and inventory for an aggregate consideration of Rs. 534 lakhs.
What management said before
Prior statements by this company that CapitSignal has recorded changing.
Guidance
WithdrawnEarlierQ3 FY26
we expect this to be in the range of about 9% to 11% at the full year level.
NowQ3 FY26
I guided on stand-alone 9% to 11% on a basis ceramic, we will still do that because you will see a strong Q4 on that.
Change
FactGuidance withdrawn
Implication
CapitSignal interpretationThe earlier statement provided a full year guidance of 9% to 11%, while the current statement only refers to a stand-alone basis without the full year context.confidence 90%
Watch next
Fact- I guided on stand-alone 9% to 11% on a basis ceramic, we will still do that because you will see a strong Q4 o (management committed by Q4 FY26)
- we expect this to be in the range of about 9% to 11% at the full year level. (management committed by FY27)
Evidence
- Outcome of the Board meeting.(opens the original filing in a new tab)
- Earlier statement · Q3 FY26
- Latest statement · Q3 FY26
- Earlier statement · Q3 FY26
How CapitSignal classified this
- Reasoning:
- SUBSIDIARY base 34; matched on subject
- Matched on:
- the filing's own subject line
- Confidence in the event type:
- 75%