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| Exchange Received Time 13/11/2017 17:32:36 Exchange Disseminated Time 13/11/2017 17:32:44 Time Taken 00:00:08 | This is to inform you that the Company had conducted Earnings call with the investors and Shareholders on Monday November 13, 2017 at 11.00 A.M. to discuss operational and financial performance in Q2 FY 17-18.
Inadvertently based on the information available to us till then, we had communicated in the investor con -call that GST rates applicable on few of our manufactured suspension products has reduced from 28% to 18%. Company hereby clarifies that there is no change in the rates and the GST rate applicable on our manufactured products remain at 28% as per the Press release of 23rd GST Council Meeting held on 10th November, 2017.
We request you to take the above information on record and kindly acknowledge the receipt.
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