FY to end on 31 March 2016; AGM to be held till 29 June 2016
Alka India announced that:- As per the provisions of Section 2(41) of the Companies Act 2013, financial year in relation to any company or body corporate means period ending on 31st day of March every year. In order to comply with the above provisions of the Act, the Company has made an application to Registrar of Company, Mumbai to grant extension of the Financial Year 2014-2015 of the Company by a period of six months in order to follow the uniform financial year as per the Companies Act, 2013 so that it shall end on March 31, 2016 and accordingly extended AGM till 29 June 2016.
Further, the Company has received the approval for aforesaid application from the honourable office of Registrar of Companies, Mumbai vide its letter dated 08 October 2015.
Accordingly now, the current financial year of the Company will be for a period of eighteen months commencing from 01 October 2014 to 31 March 2016 and that subsequent 'financial year' of the Company be changed to a period of one calendar year beginning from 1st April of each year and concluding on 31st March of the subsequent year. Accordingly the Company will submit an unaudited financial result for the quarter ending September, 2015 and the Company will submit Audited financial result for the quarter ended and financial year ended 31 March 2016.
Further the Company has informed that, the Annual General Meeting of the Company will be held on or before 29 June 2016 as the year will end on 31 March 2016.
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