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Nahar Industrial Enterprises Ltd. - OUTCOME OF BOARD MEETING DATED 30.05.2019

| Updated on May 30, 2019 Published on May 30, 2019

In this regard, we are enclosing herewith:-
1. Audited Financial Results (Standalone and Consolidated) for the Quarter/ Financial Year ended 31st March, 2019 along with Auditors Reports thereon;

2. Declaration pursuant to Regulation 33 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015 that the Auditors Reports on Annual Audited Financial Results (both Standalone and Consolidated) of the Company is with unmodified opinion.

Further due to non-viability of operations of one of the standalone spinning unit which is more than 20 years old situated at Lalru (Punjab), the Board has decided to shut down the same. The useful machineries of the said unit to be relocated within the companys existing spinning facilities and the obsolete machineries be disposed off. This would not have any material/adverse effect on the operations of the company.

Pdf Link: Nahar Industrial Enterprises Ltd. - OUTCOME OF BOARD MEETING DATED 30.05.2019

Source : BSE - www.bseindia.com

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Published on May 30, 2019
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