Thursday, September 6, 2007

Pharmaids Pharmaceuticals - Limited Review For The Quarter Ended Jun 30, 2007

Pharmaids Pharmaceuticals 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:

As informed to the Auditors, the Company has not accounted for taxes on income as required under AS-22 i.e. Deferred Tax & non-provision of interest on bank loans.

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