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| Exchange Received Time 23/05/2018 21:24:40 Exchange Disseminated Time 23/05/2018 21:24:46 Time Taken 00:00:06 | Pursuant to Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015,we enclose the following:
(i) Statement showing the Audited Financial Results (Standalone) for the year ended March 31,2018;
(ii) Auditors'' Report on the Audited Financial Results; and
(iii) Declaration on Auditors'' Report with Unmodified Opinion.
The above results, duly reviewed and recommended by the Audit Committee, have been approved by the Board of Directors of the Company at its meeting held on May 23, 2018.
The Board has decided to incur capital expenditure of Rs.150 Crore for items listed in the attached file to exploit business opportunities that have emerged in the extant industry scenario.
The capex is meant for providing wider product range to cater to the lucrative demand profile.
The commissioning of the aforesaid facilities is expected to be completed by March, 2019.
Kindly take note of the above. |
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