Novopan Industries Ltd has informed the BSE that the financial year (2010-11) of the company was extended by three months and consequently, the FY 2010-11 comprised a total period of 15 months beginning from April 1, 2010, and ending on June 30, 2011.
Further, the board of directors at its meeting recently has decided to close the current FY 2011-12 on March 31 last year. Accordingly, the current financial year will consist of nine months from July 1, 2011 to March 31, 2012.