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IL&FS Engineering and Construction Company Ltd has received approval to extend the accounting year 2011-12 by six months from March 31 to September 30, 2012.
In a statement to the stock exchanges, the company mentioned that the Registrar of Companies, Hyderabad, has approved the proposal to extend the accounting year under the Companies Act, 1956.
The Registrar has also approved extension of time for a period of three months for conducting its annual general meeting. This move comes in the wake of extension of the accounting year on the request of the company.
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