At meeting held on 30 July 2015
NELCO announced that in order to align Company's financial year as per the provisions of Companies Act, 2013, the Board of Directors at its meeting held on 30 July 2015, inter alia, approved change in the financial year of the Company to commence from 1st April of every year and to end on 31st March of the following year.Consequently, as a transitionary arrangement the present financial year 2014-15 of the Company is being extended by six months (subject to the approval of the Registrar of Companies), to close on 31 March 2016. Accordingly, the financial statements for the year 2014-15 will be for a period of 18 months commencing from 01 October 2014 and ending 31 March 2016.
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