Thursday, August 30, 2007

JBF Industries - Limited Review For The Quarter Ended Jun 30, 2007

JBF Industries Ltd has informed that in the limited review report of the Company for the quarter ended June 30, 2007, the auditors of the Company have made the following observations:

Attention is drawn to the note no 5 of the aforesaid unaudited financial results regarding the non-recognition of exchange gain of Rs 8.73 crores in respect of Foreign Currency Convertible Bond (FCCB) being considered as non-monetary items, due to the reasons explained in the note.

Source : www.indian-commodity.com

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