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Visco Trade Ass
BSE: 540097NSE: ISIN: INE890S01018

6th-Nov-2019 15:36Source: BSE

Visco Trade Associates - First Time Applicability Of Ind-AS From The Financial Year 2019-20 And Relaxation Of Time Limit For The Submission Of Financial Results (Standalone And Consolidated) For The Quarter And Half-Year Ended September 30, 2019

With due reference to the subject abovementioned, we wish to inform you that the Indian Accounting Standards (Ind-AS) has become applicable to the Company for the first time from the Financial Year 2019-20. The SEBI vide its Circular CIR/CFD/FAC/62/2016 dated July 05, 2016, granted relaxation of one month for the 1st two quarters in respect of submission of Financial Results to such Companies to whom the Indian Accounting Standards (Ind-AS) became applicable for the 1st time.
We, therefore, wish to avail the relaxation granted by the SEBI and accordingly, the Company will submit its Financial Results (Standalone and Consolidated) for the quarter and half-year ended September 30, 2019 to the Stock Exchange by December 14, 2019.
The Company will hold its Board Meeting for approval of the Financial Results (Standalone and Consolidated) for the quarter and half-year ended September 30, 2019 on or before December14, 2019.

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