Pursuant to Reg 33 of SEBI (LODR) Regulations, 2015, the Company is required to submit its unaudited/audited financial results on quarterly and yearly basis within the prescribed time limit. However, the Company has not submitted its results for pre CIRP period pertaining to quarter and year ended on 31.03.2019 onwards, as all KMP's have resigned from Company without fulfilling their obligations in this regard. In the absence of concerned officials who are responsible for book closure process and financial reporting, the RP has got these financial statements prepared through present employees of Company and hired consultant. The RP hereby submits standalone financial results and financial statements for year ended 31.03.2019. These statements have been taken on record by RP while exercising powers of board of Company, in terms of Section 17 of the Code. The RP has taken on record these statements in good faith solely for purpose of compliance and discharging his duty under Code.