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Unaudited Standalone Financial Results for the quarter ended on 31st December, 2018, The Company is in process of comprehensive restructuring. The application under section 230 of the Companies Act 2013, which will include conversion of certain balances into equity, is still Pending with NCLT. We also would like to state that the required Compliances were pending in Connection with Compulsory Convertible Preference Shares (CCPS). Under these circumstances the issue of CCPS stands withdrawn.
Source : BSE - www.bseindia.com
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