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Frontline Sec
BSE: 533213NSE: ISIN: INE773B01020

9th-Nov-2019 18:35Source: BSE

Frontline Securities - Availing Extension Of One Month For Submission Of Unaudited Financial Results For The Quarter Ended 30Th September, 2019-Due To The Applicability Of IND-AS

This is to inform you that Companies (Indian Accounting Standards) Rules, 2015 is applicable on the company from 1st April, 2019. Accordingly, we are required to comply with the Indian Accounting Standards (Ind-AS) in preparation of financials/results w.e.f. April, 2019.

Further, in order to facilitate the smooth transition during the first year of implementation of Ind-AS on the listed entities, the SEBI vide Circular No. CIR/CFD/FAC/62/2016 dated 5th July, 2016 has granted the extension of one month for submitting the financial results for the first two quarters of the year of implementation of Ind-AS to the stock exchanges.

In view of the above and in accordance with the above mentioned SEBI Circular, we would avail such extension of one month and will submit the financial results for the quarter ended September, 30, 2019 on or before December 14, 2019.

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