Pratik Panels Ltd. - Quarterly/Annual Result Disclosures and Notes dated 31 Dec 2018
Auditor and Management Disclosures and Notes for the quarterly results dated 31 Dec 2018
1. The Company adopted Indian Accounting Standard('' Ind As'') from 1st April 2017 & accordingly these financial results have been prepared in accordance with th recognition & measurement principles laid down in the Ind AS 34 Interim Financial Reporting prescribes under section 133 of the Companies Act 2013 read with relevant rules issued thereunder and the other accounting principles generally accepted in India.
2. The limited review of unaudited financial results for the quarter ended December 31, 2017 as required in terms of Clause 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations,2015 has been carried out by statutory auditors.
3. The above results have been reviewed by the Audit Committee and approved by Board of Directors at their meeting held on 15th January, 2019.
4. The Company has not carried out any business activities during the quarter.
5. Previous period figures have been regrouped / rearranged wherever necessary to make them comparable.