Board of Directors at its meeting duly held today on the recommendations of the Audit Committee, have reviewed and approved the Unaudited Standalone & Consolidated Financial Results for the Quarter (Q2) and half year ended September 30, 2020 and Statement of Assets and Liabilities for the half year ended September 30, 2020 along with the Limited review report issued by the Statutory Auditors. A copy of the same is attached as Annexure - A.
We had informed both the Stock Exchanges that the Board Meeting for considering Unaudited Financial Results for the Quarter ended June 30, 2020 could not be convened before due date. As per SEBI Circular dated 22.01.2020, the aforesaid matter alongwith letters received from both the Stock Exchanges were placed before the Directors in their meeting held today and the Board noted that the Company has submitted the results to both the Stock Exchanges and complied with the notices received from the Stock Exchanges and also paid the requisite penalty.