Financial Statements and Related Announcement::Half Yearly Results

Issuer & Securities

Issuer/ Manager
VIDEOCON INDUSTRIES LIMITED
Securities
VIDEOCON US$75.2M 2.8%CB201231 - XS1334578017 - 38UB
Stapled Security
No

Announcement Details

Announcement Title
Financial Statements and Related Announcement
Date &Time of Broadcast
29-Nov-2018 03:52:22
Status
New
Announcement Sub Title
Half Yearly Results
Announcement Reference
SG181129OTHR30KD
Submitted By (Co./ Ind. Name)
VIDEOCON INDUSTRIES LIMITED/KAUSTUBHA SAHASRABUDHE
Designation
COMPANY SECRETARY
Effective Date and Time of the event
29/11/2018 17:00:00
Description (Please provide a detailed description of the event in the box below - Refer to the Online help for the format)
The Stock Exchange is aware that Videocon Industries Limited (the Company ) is under Corporate Insolvency Resolution Process vide order dated 6th June, 2018, passed by Hon ble National Company Law Tribunal, Mumbai Bench, Mumbai ( NCLT ) and the Hon ble NCLT has appointed Mr. Anuj Jain as Interim Resolution Professional ( IRP ) and, consequent, as Resolution Professional ( RP ) by the Committee of Creditors on 10th July, 2018 to carry out the functions as mentioned under the Insolvency and Bankruptcy Code, 2016 (the Code ). Accordingly, Mr. Anuj Jain took control of the management and operations of the Company.

The Company hereby submits that:

1. as the powers of the Board of Directors of the Company have been suspended, the Un-audited Financial Results of the Company for the quarter and six months ended on 30th September, 2018 along with Limited Review Report, pursuant to the provisions of Regulation 33 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 have not been considered and recommended by the Audit Committee and, consequently, by the Board of Directors. However, the said results have been signed by Mr. V. N. Dhoot, Director and CEO of the Company, confirming truthfulness, fairness, accuracy and completeness of the same. Basis the said confirmation by the Mr. V N Dhoot, Director and CEO, these Un -audited Financial Results of the Company for the quarter and six months ended on 30th September, 2018 along with Limited Review Report have been taken on record by the RP on 28th November, 2018.

2. Accordingly, we enclose herewith the Un-audited Financial Results for the Quarter and Six months ended on 30.09.2018 as Annexure 1 .



You are requested to kindly take the same on record.

Additional Details

For Financial Period Ended
30/09/2018

Attachments

Singaore.pdf
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