Twilight Litaka - Limited Review For The Quarter Ended Dec 31, 2006

Twilight Litaka Pharma Ltd has informed that in the limited review report of the Company for the quarter ended December 31, 2006, the Auditors of the Company have made the following observations:Auditors qualifications referred to in their report dated June 23, 2006 on the accounts for the year ended March 31, 2006 with regard to doubtful receivables amounting to Rs 2,20,03,951/-, non provision of additional liability on account of gratuity and leave encashment and non provision for contingent liability on account of stamp duty and sales tax demand, on which there is no change in status.