UT LTD. - Updates on Audited financial results for F.Y. ended March 31, 2014
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| 21 May 2014 | |
| UT Ltd has informed BSE that:<br/><br/>"Our Company is unable to submit the Audited Financial Results within May 30, 2014 as required under Clause 41 of the Listing Agreement due to unavoidable circumstances stated hereinbelow which is beyond our control.<br/><br/>1. Reference letter dated May 13, 2014. we do not have electricity at our factory cum office<br/><br/>2. Owing to huge cash loss, the company's net worth has been totally eroded and being sick, is registered with BIFR.<br/><br/>3. Resultant, the Chief Financial Officer of the Company has resigned as also other employees, resulting in non-availability of suitable manpower.<br/><br/>In view of the above, the Company is unable to hold the Board Meeting for consideration and adoption of audited financial results for the year ended March 31, 2014 within May 30, 2014." | |
| View all announcements for UT LTD. | Source: BSE India |
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