Reiterating its commitment to maintaining the highest standards of corporate governance and transparency in the backdrop of the proposed regulatory review of its financial statements that was disclosed to the stock exchanges on December 17, 2024, Amar Sarin, MD & CEO, TARC Ltd, said, “At TARC, we see every challenge as an opportunity to reaffirm our principles and demonstrate our unwavering commitment to those we serve. Guided by the trust and confidence of our stakeholders, we remain focused on delivering excellence and creating spaces that inspire, connect, and enrich lives.”
He added, “Our operational resilience and financial stability remains strong, and the appointment of the forensic auditor does not impact our strategic plans. Together as a team, we continue to build on the values that define TARC’s journey while extending our full cooperation to SEBI and the forensic auditors.”
TARC said that it remains steadfast in its strategic vision, focusing on the development and launch of luxury residential projects across Delhi and Gurugram. With robust demand for luxury housing in these regions, the company is well-positioned to capitalize on emerging opportunities.
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At the same time, TARC continues to strengthen its financial stability through efficient project execution and timely delivery supported by strong cash flows from ongoing and upcoming developments.
At the heart of TARC’s journey are its core values, which continue to guide every decision and action. These principles reflect TARC’s steadfast dedication to transparency, integrity, and diligence, ensuring that the company consistently upholds the trust and confidence of its stakeholders while delivering on its commitments.
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