National Fertilizers 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:
Pending final notification from FICC, the adjustment in subsidy is accounted for on estimation basis taking into account the guidelines policies, instructions and clarifications given by the Govt. of India, the extent of adjustment in this regard that may be required upon finalization of these claims could not be ascertained at this stage.
Wednesday, September 12, 2007
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