This is to inform you that as per notification issued by Ministry of Corporate Affairs (MCA) dated 16th February, 2015
Dated : 20th June, 2016
Phiroze Jeejeebhoy Towers
Mumbai – 400 001
Scrip Code : 500166
This is to inform you that as per notification issued by Ministry of Corporate Affairs (MCA) dated 16th February, 2015 the Company has to mandatorily adopt Indian Accounting Standards (IND AS) with effect from financial year 2017-18. The said notification also states that any Company may voluntarily adopt the said standards with effect from the accounting periods beginning on or after 1st April, 2015.
The Board of Directors of the Company in their meeting held on 23rd May, 2016 decided to adopt such standards with effect from the financial year 2016-17 for the purpose of preparation of its financial statements.
GOODRICKE GROUP LIMITED