Corporate Announcement
Security Code : 500206    Company : MARGOFIN    
 
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  Exchange Received Time  19/11/2018 16:02:51         Exchange Disseminated Time   19/11/2018 16:02:56              Time Taken   00:00:05
In reference to your discrepancy observed in September 2018 results regarding classification of Trade Payables, we wish to inform you that based on the information available with the company, there are no suppliers registered as micro, small or medium enterprise sunder 'The Micro, Small and Medium Enterprises Development Act, 2006'. Therefore the Trade Payables were not classified into '(A) total outstanding dues of micro enterprises and small enterprises; and (B) total outstanding dues of creditors other than micro enterprises and small enterprises'.
Hope the above clarifies the matter.


 

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