Corporate Announcement
Security Code : 507690    Company : ORIBEVER    
 
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  Exchange Received Time  06/06/2017 17:05:57         Exchange Disseminated Time   06/06/2017 17:06:05              Time Taken   00:00:08
The Company has promoted a wholly owned subsidiary namely M/s Sharad Quench Private Limited on 29th March, 2017 to construct and operate a packaged drinking water project. The first financial year of M/s Sharad Quench Private Limited will be for the period from 29th March, 2017 to 31st March, 2018 and annual financial statement will be prepared accordingly.

In connection to above, we hereby inform you that the Company has decided not to submit quarterly/year-to-date consolidated financial results of the Company and its said subsidiary for the financial year 2017-18 and to continue to submit standalone financial results of the Company, pursuant option available under Regulation 33(3)(b) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

We would request you to kindly take the above information on records.
 

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