News Details

( 31 Jul 2020)
Virinchi L - Outcome Of The Board Meeting

With reference to the above stated subject, we bring to your kind notice that the Board of Directors of the Company at their meeting held on Friday, 31st July, 2020, inter-alia, approved the following:
1. Rectifications in the Consolidated Financial Results published on 26th June, 2020.
i. The rectifications made in the Consolidated Balance sheet of the company relate only to the items 'Reserves & Surplus' and 'Short Term Loans & Advances' and are now rectified.
ii. The term titled as 'Capital Reserves & Other Reserves' in Consolidated Cash Flow Statement should be read as 'Loans & Advances, Foreign Exchange Changes and Others' and is now rectified.
Except the above, there are no other changes made in the Audited Financial Results and the rectified financial results are attached as Annexure-I
2. Unaudited Standalone & Consolidated Financial Results for the First Quarter ended 30th June, 2020, which is attached as Annexure-II