IGC Pharma (IGC) shifts fiscal year-end to December 31 with 9‑month transition
Rhea-AI Filing Summary
IGC Pharma, Inc. is changing its fiscal year-end from March 31 to December 31, with the change effective on December 31, 2025. This adjustment aligns the company’s financial reporting with the standard calendar year, which can make its results easier to compare with many other public companies. To bridge the gap between the old and new year-end, IGC plans to file a transition annual report covering a nine-month period from April 1, 2025 through December 31, 2025, giving investors a complete view of operations during the changeover period.
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FAQ
What fiscal year change did IGC (IGC) announce?
IGC Pharma, Inc. announced that it is changing its fiscal year-end from March 31 to December 31, effective December 31, 2025.
When does IGC’s new fiscal year-end become effective?
The new fiscal year-end of December 31 becomes effective on December 31, 2025.
What transition period will IGC report because of the fiscal year change?
The company plans to report a nine-month transition period covering April 1, 2025 through December 31, 2025.
How will IGC report its results for the transition period?
IGC intends to file a transition annual report for the nine-month period from April 1, 2025 through December 31, 2025.
Why might IGC change its fiscal year-end to December 31?
The filing states that IGC is changing its fiscal year-end to December 31, which aligns financial reporting with the calendar year and many other public companies, potentially simplifying comparisons.
Does the fiscal year change affect IGC’s current operations?
The disclosure focuses on a change in reporting period; it does not describe changes to IGC’s underlying business operations.
