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CG Power & Industrial Solutions Ltd.

BSE: 500093 Sector: Engineering
NSE: CGPOWER ISIN Code: INE067A01029
BSE 00:00 | 18 Sep 15.10 -0.59
(-3.76%)
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NSE 00:00 | 18 Sep 15.00 -0.65
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HIGH

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Delay In Submission Of Financial Results For 1St Quarter Ended June 30 2019

August 13, 2019, 1:10 pm | Source: BSE | Downlaod PDFDownload PDF

We refer to our letter dated May 22 2019 and June 21 2019 whereby we informed you about the delay in the submission of audited financial results of the Company for the 4th quarter and year ended March 31 2019 beyond the statutory timelines along with the reasons of such delay.

Consequent to delay in finalisation of the financial results for the year ended March 31 2019 which is still under preparation the Company is not in a position to finalise the financial results for the 1st quarter ended June 30 2019 as the opening balances for April 1 2019 are not available. Hence submission of financial results for 1st quarter ended June 30 2019 will be delayed beyond the statutory timelines.

Regrettably such delay is unavoidable and unfortunate the Company is taking all possible and adequate steps to meet the compliances at the earliest possible time.

We would appreciate if you could take the same on record and acknowledge receipt thereof.