Reference to the BIFR under provisions of Sick Industrial Companies (Special Provisions) Act, 1985 (SICA)
Rei Agro Ltd has informed BSE that as per the audited financial statements of the Company for the period ended December 31, 2014, accumulated loss has eroded more than 100% of the net worth of the Company and in accordance to provisions contained under section 3(1) (o) of the Sick Industrial Companies (Special Provisions) Act, 1985 (SICA), the Company has become sick industrial company....