Corporate Announcement
Security Code : 504036    Company : HIRECT    
 
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  Exchange Received Time  21/04/2017 18:40:56         Exchange Disseminated Time   21/04/2017 18:41:03              Time Taken   00:00:07
This is to inform you that Company has received Show Cause Notice u/s 134(8) for violation of Section 134 (3) (o) read with Section 135 of the Companies Act, 2013 alleging that the company has not complied Corporate Social Responsibility in the financial year 2014-15. Since the relevant sections were enforced w.e.f. 1st April, 2014. Company was of the opinion that as during the year 2013-14 company has suffered losses accordingly CSR is not applicable to the company, however later on Company ensured all the compliance of CSR for the Financial Year 2015-16 Now Company is taking suitable measures in the aforesaid matter.
 

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