This is further to our earlier intimation dated 24th April 2018 intimating the date of our ensuing Board Meeting for consideration and approval of Standalone and Consolidated Audited Financial Results for the Quarter and year ended 31st March 2018.
Kindly note that the Company has received an Order No. CP/714(IB)/CB/2017 dated 17th May 2018 from the National Company Law Tribunal, Division Bench, Chennai pertaining to Asset Care & Reconstruction Enterprises Limited (Copy enclosed for your ready reference and records).
Under the circumstances the Board meeting scheduled to be held tomorrow - 25/5/2018 stands cancelled and we shall keep you appraised of the developments in the matter.
Ask Value Research 
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