Updates on forthcoming Board Meetings

| Updated on December 23, 2011 Published on December 23, 2011

With reference to the Meetings of Audit Committee as well as Board of Directors of Asian Electronics Ltd for approval of the Unaudited Financial Results for the second quarter/half year ended September 30, 2011, Asian Electronics Ltd has now informed BSE that a debt restructuring package is under consideration of Companys secured lenders. The implementation of the package is likely to impact the Accounts and Balance Sheet of the Company.

The Company thus proposes to announce Quarter 2 and Quarter 3 Financial Results incorporating such changes arising pursuant to the implementation of the package and in any case on or before February 14, 2012.

Source : BSE - >www.bseindia.com

Published on December 23, 2011
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