It is expected that the half-year results, which are likely to be better than those of the previous year, will be adopted without any problem.
It is also expected that while the current problems with the enforcement authorities will be discussed, the talks will be aimed more at immediate stabilisation of the company rather than any radical overhaul.
Extensive explanations are likely to be provided during the next four weeks at an informal level, and then at a formal level at the board meeting to the financial institutions.
A company spokesperson confirmed that business was on as usual and there had been no change in the meetings scheduled, including the board meeting scheduled for end-November.
The companys half-year performance was excellent and we hope to declare improved results in the current financial year, said the spokesperson.
Refusing to give details of the companys half-year results, the spokesperson said: The good half-year results indicate that the controversies and the raids have not affected the company in a very major way.
Last year, the companys results were affected to some extent by an exorbitant expenditure on the Wills World Cup of cricket, which pushed up selling and administrative expenses for the entire fiscal, and cut into margins.
Sources expect the companys performance to improve this year on this count because there are no extraordinary elements, except for some provisions on pre-deposits with the Customs Excise Gold (Control) Appellate Tribunal.