Jayaswals Neco 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:
In response to the audit qualification for the accounting year ended March 31, 2007 regarding Non-provision of compound interest amounting to Rs 1965.16 lacs on account of Companys request for waiver of the same, as per the note No 5 of the aforesaid unaudited financial results, the status at the quarter end remains the same.
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