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| Exchange Received Time 30/05/2018 13:57:14 Exchange Disseminated Time 30/05/2018 13:57:22 Time Taken 00:00:08 | We understand that there are unconfirmed rumors in the market relating to the resignation of our Statutory Auditors of the Company.
The Company wishes to clarify that the Company has already declared Audited Financial Results for the Financial Year 2017-18 on May 30, 2018 and M/s Mukund M. Chitale & Co., Chartered Accountants, Mumbai and M/s MSG & Associates, Chartered Accountant, Bhopal, Joint Statutory Auditors of the Company have issued the Auditors' Report for the Financial year ended March 31, 2018 with unqualified opinion in respect of the Standalone and Consolidated Financial Results, the copies of which has already been submitted to the Stock Exchanges.
We therefore wish to confirm that there is no truth in the matter and the rumors are baseless. We further attach the confirmation received from our Joint Statutory Auditors regarding continuing as Statutory Auditors of the Company uninterruptedly.
We request you to kindly take this information on your record.
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