Garden Silk Mills has informed that in pursuance to the notification dated 16/02/2015 issued by the Ministry of Corporate Affairs on Companies (Indian Accounting Standard) Rules, 2015 (IND-AS), the company is required to adopt IND-AS with effect from 1st April, 2017 and therefore the revised format will be applicable from the quarter / half year / yearly results for the financial year 2017-18.
The above information is a part of company’s filings submitted to BSE.