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Motor & General Finance informs about outcome of Board Meeting

06 Jan 2015 Evaluate

Motor & General Finance has informed that the Board of Directors of the Company at its meeting held on January 05, 2015, have decided that in view of the audit qualifications given by the Auditors the status and the value of various investments held by the Company will be evaluated at the year end i.e. March 31, 2015 and shall take appropriate steps including making provisions in diminution in the value of non current long term investments, if any, considering the market value as the base.

The above information is a part of company’s filings submitted to BSE.

Peers
Company Name CMP
Bajaj Finance 1034.20
Shriram Finance 1028.00
Aditya Birla Capital 398.60
Tata Capital 362.80
Chola Invest & Fin. 1845.00
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