Outcome Of The Board Meeting- Un-Audited Financial Results For The Quarter And Nine Months Ended 31St December, 2017.

• Security Code: 590057
• Company: EQUIPPP

We wish to inform that meeting of the Board of Directors held on today i.e. 14th February, 2018 inter-alia has considered and approved the following:
1. The Un-Audited Financial results for the quarter and Nine Months ended 31st December 2017 pursuant to Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 have been approved by the Board. Please find enclosed Un-Audited Financial Results for the quarter and Nine Months ended 31st December 2017 on standalone basis together with Limited Review Report of Statutory Auditors of the company.
2. Further we wish to Inform you that vide Ref No. NSE/LIST/C/2018/0105, following INTERIM ORDER has been passed in which SEBI vide letter references SEBI/HO/ISD/ISD/OW/P/2017/26891 dated November 02, 2017 has delegated powers to the stock exchanges to perform direct fact finding exercise and dispose of the representations received by them directly from the company.
a) The trading in securities of Green Fire Agri Commodities Limited shall be reverted to the status as it stood prior to issuance of letter dated August 7, 2017 by SEBI.
b) National Stock Exchange of India Limited shall appoint an Independent Forensic Auditor inter alia to further verify:
(i) Misrepresentation including of financials and/or business of Green Fire Agri Commodities Limited, if any.
(ii) Misuse of the funds/books of accounts of the company, if any.
c) The Promoters and directors in Green Fire Agri Commodities are permitted only to buy the securities of Green Fire Agri Commodities Limited. The Shares held by the promoters and directors in Green Fire Agri Commodities Limited shall not be allowed to be transferred for sale, by depositories.
d) The Other actions envisaged in SEBI's letter dated August 07, 2017 in paragraph 1(d), as may be applicable, and the consequential action taken by National Stock Exchange of India Limited shall continue to have effect against Green Fire Agri Commodities Limited.
Recently with reference to the letter dated February 6, 2018 vide Ref No. NSE/LIST/36021, the Exchange has Appointed M/s BDO India LLP as Forensic Auditor of the company for the purpose of conducting Forensic Audit of our company.