HIL LTD. - Updates

Download	< Back
22 Mar 2017
Sub: Intimation regarding submission of Standalone Financial Statements for the financial year 2016-17 Ref: Regulation 33(3)(a) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (Listing Regulations) In continuation to our previous correspondence dated June 13th, 2016, we would like to inform that the Company is holding 33% stake in 'Supercor Industries Limited', Nigeria as a Joint Venture between the Company and other shareholders including State Government of Bauchi and the said JV is under losses since 2014 and facing cash crisis and could not meet their routine obligation of paying salaries / wages and other payments and is under winding up proceedings under the Courts of Nigeria. (Court Order Enclosed). In view of the above mentioned reasons, Company is unable to consolidate the financial statements of its overseas Joint Venture with the financial statements of Company.
View all announcements for HIL LTD.	Source: BSE India

Stocks	Mutual Funds		Investment tracking
A-Z Gainers - Daily \| Weekly \| Monthly Losers - Daily \| Weekly \| Monthly Group-wise listing IPO \| Top IPOs Recent IPOs \| IPO News Similar Price band Most traded - By volumes Top 100 - By market capitalisation Latest Company Results Management Speaks Market News	Top 25 schemes High-risk, High-returns Medium-risk, Medium-returns Low-risk, Low-returns Gilt Funds Funds of Funds Special Funds Liquid Funds Dynamic Asset Allocation NFOs MF Selector	Equity - ELSS Equity - Index Funds Equity - Sector Funds Equity - Balance Fund Equity - Diversified Fund MF News Budget 2024	My Portfolio My Watch List If You Had Invested... Global Indicators Forex Converter Market Indices Sectoral Indices World Indices Market Astrology Advertise with us