As you are aware that M/s Riga Sugar Co. Ltd. has been admitted into the CIRP process under Insolvency & Bankruptcy Code, 2016 vide Order dated October 8, 2021 of the Hon''ble NCLT, Kolkata. During the CIRP process, the company is working with minimal essential employees and various senior managerial personnels including the CFO & Company Secretary has also resigned from their services to the company. Despite our best efforts to prepare the financial results and get it audited by the Statutory Auditors of the company, there has been a delay in preparation & audit of the financial results of the company and the company could not submit the audited financial results for the period ended on March 31, 2022 by May 30, 2022. You are requested to kindly accord your approval for the aforesaid delay.