With its promoters facing probe in the 2G telecom scam, DB Realty today deferred the board meeting to announce the financial results for the year ended March 31, 2011, citing delay in the audit process and consolidation of the financial statements.
On May 21, the company had announced the board meeting would be held today to approve audited financial statements for the year ended March 31, 2011.
In a filing to the Bombay Stock Exchange, DB Realty said that the company's Audit Committee members reviewed and took stock of the compilation and consolidation of accounts and the audit process.
The board meeting would be now held in about 10 days, the company said, adding that the revised date would be announced separately.