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| Exchange Received Time 13/09/2017 12:30:24 Exchange Disseminated Time 13/09/2017 12:30:29 Time Taken 00:00:05 | Pursuant to Regulation 33(3) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the financial results are required to be submitted to the Stock Exchanges within 45 days from the end of each quarter.
However, in order to facilitate smooth transition during the first year of IndAS implementation the Securities and Exchange Board of India vide its Circular No. CIR/CFD/FAC/62/2016 dated 5th July 2016 has granted an extension of one month i.e. till 14th September 2017 for submitting the financial results for the quarter ended 30th June 2017 to the listed entities.
Further, in accordance with the Companies (Indian Accounting Standards) Rules, 2015, IndAS is required to be implemented by our Company for the financial year beginning 1st April 2017.
We would like to inform you that in accordance with the extension granted by the said SEBI Circular, the Company proposes to convene and hold the meeting of the Board of Directors for approval of financial results for the quarter ended 30th June 2017 on 13th September 2017 by availing of the said extension. |
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