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Suditi Ind
BSE: 521113NSE: ISIN: INE691D01012

10th-Jun-2020 15:51Source: BSE

Suditi Industries - Routine Board Meeting Held On 10Th.June 2020.

Routine Board meeting is held today (through audio/video) to discuss apart from routine matters, the current situation on account of COVID 19 pandemic and the plan to restart the operations on a reasonable scale. company has started the plant operations partially much below one fourth of the capacity and no major quantitative details could be placed before the board as the administrative office is yet to start the functions.Chairman apprised that the company has almost lost 3 months sales directly apart from the cascading effect on the sales business in the succeeding months. The Board authorized Chairman to assess the impact of losses and sales projections for the financial year 2020-21. The board also authorized the Chairman to approach BSE Ltd and other relevant departments requesting for additional time to complete the audit and submit the audited results for the financial year 2019-20 and for Q1of the Financial year 2020-21. The meeting commenced at 3 P.M and concluded at 3.20 P.M