Value Industries Ltd

Disclosure of reason for delay in submission of financial results for the quarter / year ended 31st March 2024.Please note that the pre-cirp long term borrowings are being treated as short term borrowings in the books of accounts after the account became NPA. The financials for FY 2023-24 are not yet finalized. The outstanding short term borrowings at the start of the Financial Year 2022-23 is Rs.1755.72 Crores. The outstanding short term borrowing at the end of the financial year 2022-23 is Rs.1905.45 Crores. The difference in the opening and closing balance is due to provision of interest.