General Announcement::Non-consideration of Annual Audited Financial Results of Company for quarter ended March 31, 2019

Issuer & Securities

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

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
21-Aug-2019 20:12:39
Status
New
Announcement Sub Title
Non-consideration of Annual Audited Financial Results of Company for quarter ended March 31, 2019
Announcement Reference
SG190821OTHRMNMD
Submitted By (Co./ Ind. Name)
Videocon Industries Limited
Designation
Company Secretary
Effective Date and Time of the event
14/08/2019 09:00:00
Description (Please provide a detailed description of the event in the box below)
This is with reference to our letter dated 6th August 2019 vide which we have informed you that the Annual Audited Financial Results of the Company for the Financial Year ended 31st March, 2019 and for the quarter ended on the same date shall be considered and disseminated on Wednesday 14th August, 2019. The Hon'ble National Company Law Tribunal Mumbai Bench ("NCLT"), vide its order dated 08th August, 2019 ("Order") directed to consolidate the CIRP in respect of 13 Videocon group entities. As directed by Hon'ble NCLT Mr. Mahendra Knandelwal (Registration No. IBBI/IPA-002/IP-N00446/2017-18/11275) is in the process of taking over the CIRP of all 13 Videocon group companies. Thus, the Annual Audited Financial Results of the Company for the Financial Year ended 31st March, 2019 and for the quarter ended on the same date which were originally supposed to be considered and disseminated on Wednesday, 14th August, 2019 stands deferred. The Company shall give a fresh intimation under Regulation 29 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 regarding declaration of Annual Audited Financial Results of the Company for the quarter ended 31st March, 2019 in due course.
You are requested to take the same on record and condone the delay in publication of the Financial Results.

Attachments

VIL Singapore_Final.pdf
Total size =437K