Hindustan Adhesives Limited has announced a delay in finalizing the financial results for the quarter and half-year due to transitioning its accounting system from Tally to Zoho ERP.

This change caused financial data to be maintained across two platforms, requiring additional time for auditors to verify and reconcile the information.

The audit process is ongoing, with the Board meeting scheduled soon to approve the results.

The company emphasizes the delay aims to ensure greater accuracy and reliability in its financial statements, highlighting its commitment to transparent and precise reporting for shareholders.