J K Paper Ltd has informed that in the limited review report of the Company for the quarter ended December 31, 2007, the Auditors of the Company have made the following observations:
In respect of certain investments Rs 5 Crore in a Company which has become a BIFR Company provision for diminution in value has not been made since in the opinion of the Board these investments are long term in nature and such diminution in value is temporary (amount unascertainable).
In respect of certain investments Rs 5 Crore in a Company which has become a BIFR Company provision for diminution in value has not been made since in the opinion of the Board these investments are long term in nature and such diminution in value is temporary (amount unascertainable).
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