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The Sales for the quarter ended March 2017 of Rs. 0.00 million declined by -100.00% from Rs. 892.17 millions.Net profit of the cmpany stood at Rs. 19.70 millions for the quarter ended March 2017 a decline of -34.68% from Rs. 30.16 millions in the same quarter last year.Operating Profit reported a sharp decline to 31.67 millions from 48.91 millions in the corresponding previous quarter. (Rs. in Million) Quarter ended Year to Date Year ended 201703 201603 % Var 201703 201603 % Var 201703 201603 % Var Sales 0.00 892.17 -100.00 0.00 4519.22 -100.00 0.00 4519.22 -100.00 Other Income 17.58 14.56 20.74 50.71 32.55 55.79 50.71 32.55 55.79 PBIDT 31.67 48.91 -35.25 96.47 116.75 -17.37 96.47 116.75 -17.37 Interest 0.00 10.84 -100.00 0.00 22.55 -100.00 0.00 22.55 -100.00 PBDT 31.67 38.07 -16.81 96.47 94.20 2.41 96.47 94.20 2.41 Depreciation 0.00 1.66 0.00 0.00 6.46 0.00 0.00 6.46 0.00 PBT 31.67 36.41 -13.02 96.47 87.74 9.95 96.47 87.74 9.95 TAX 11.97 6.25 91.52 17.77 12.40 43.31 17.77 12.40 43.31 Deferred Tax 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 PAT 19.70 30.16 -34.68 78.70 75.33 4.47 78.70 75.33 4.47 Equity 0.00 26.81 0.00 0.00 26.81 0.00 0.00 26.81 0.00 PBIDTM(%) 0.00 5.48 0.00 0.00 2.58 0.00 0.00 2.58 0.00
Veritas (India) has informed that Company has formed a wholly Owned LLP ‘Veritas Agricom LLP’, which is registered with Registrar of Companies, Mumbai on February 22, 2017.The above information is a part of company’s filings submitted to BSE.
Veritas (India) has informed that Company has formed a wholly Owned LLP ‘Veritas Infra LLP’ (LLPIN: AAH-9198), which is registered with Registrar of Companies, Mumbai on November 30, 2016 and LLP agreement was duly approved by Registrar of Companies, Mumbai (Ministry of Corporate Affairs) on January 09, 2017.The above information is a part of company’s filings submitted to BSE.
Veritas (India) has informed about Standalone Financial Results, Consolidated Financial Results, Standalone Form A, Consolidated Form A, Standalone Auditors Report, and Consolidated Auditors Report for the period ended March 31, 2016.The above information is a part of company’s filings submitted to BSE.
Veritas (India) has informed that the Board of Directors of the Company at its meeting held on May 24, 2016, has approved the Appointment of Rajarangamani Gopalan as an Additional Director with effect from May 24, 2016; and the Board has also recommended dividend at the rate of 5% i.e. five paise per Equity Share of face value of Rs 1 each for the year ended March 31, 2016 subject to approval of the shareholders at the ensuing Annual General Meeting of the Company.The above information is a part of company’s filings submitted to BSE.
Veritas (India) has informed thatMukesh Tank, Company Secretary and Compliance Officer has tendered his resignation from the post of Company Secretary and Compliance Officer and he is being reveled from his duty from the closing of working hour of March 11, 2016.The above information is a part of company’s filings submitted to BSE.
Veritas (India) has informed about quarterly Statement on Investor Complaints / Grievances Redressal Mechanism for the Quarter ended December 31, 2015, under Regulation 13(3) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.The above information is a part of company’s filings submitted to BSE.
Veritas (India) has informed about disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.The above information is a part of company’s filings submitted to BSE.
Veritas (India) has informed about the Financial Results & a copy of the Limited Review Report for the period ended September 30, 2015.The above information is a part of company’s filings submitted to BSE.
Veritas (India) has informed that a meeting of the Board of Directors of the Company will be held on November 10, 2015, to consider the Unaudited Financial Results of the Company for the quarter and half year ended September 30, 2015. Pursuant to this and as per the Companys code of conduct for prohibition of insider trading the trading window for dealing in the securities of the Company is closed for the Company’s Directors / officers and designated employees from November 02, 2015 till 24 hours after the public announcement of the decision taken by the Board.The above information is a part of company’s filings submitted to BSE.
Veritas (India) has informed about the details of voting results at the 30th Annual General Meeting (AGM) of the Company held on September 29, 2015, under Clause 35A of Listing Agreement & Scrutinizer Report.The above information is a part of company’s filings submitted to BSE.
Veritas (India) has informed that under the provisions of Income Tax Act, 1961, Income Tax Authorities had carried out search and seizure proceedings at the premises of the Company, its promoters and its senior officials on September 10, 2015 to September 13, 2015. The Company is in the process of collating and responding to all the queries raised by the Income Tax Authorities and accordingly final report relating to search/survey operation will be concluded as per the laid down procedures. Upon conclusion of the process, material development, if any, will be intimated in due course of time. The Company continues to operate in normal course of business.The above information is a part of company’s filings submitted to BSE.