Rishiroop Ltd. - Quarterly/Annual Result Disclosures and Notes dated 31 Mar 2019
Auditor and Management Disclosures and Notes for the annual results dated 31 Mar 2019
1. The above unaudited financial results were reviewed by the Audit Committee of the Board on 11th May 2019 and approved by the Board of Directors of the Company at their meeting held on 11th May 2019.
2. The results for the quarter and year ended 31st March, 2019 were audited by the Independent Auditors of the Company and an unqualified report was issued by them thereon.
3. The Board of Directors have recommended a dividend of Rs. 1.20 per share of Rs. 10/- each (12%) for the year 2018-19, subject to the approval of shareholders.
4. The company is engaged in one business segment i.e. Polymers & Compound and it is primary segment.
5. The figures for the quarter ended March 31, 2019 and March 31, 2018 are the balancing figures between the audited figures in respect of the full financial year and unaudited published figures upto the third quarter for the respective years. Also the figures upto the third quarter had been reviewed and not subject to audit.
6. Figures of the previous year / period / quarter are regrouped / rearranged / reclassified wherever necessary.