In continuation of letters dated June 23, 2020 and June 30 2020 in relation to the ensuing Board Meeting of the Company.Due to pandemic of COVID-19 followed by continuing Lockdown situations in the State of Maharashtra, the Company and the statutory auditors of the Company are facing difficulties in preparation and auditing of financial statements of the Company. Therefore, accounts and auditors team require additional time to prepare and audit the Standalone and Consolidated Financial Statements of the Company for the quarter and financial year ended March 31, 2020. In view of the above, Arco Leasing has informed that the Meeting of the Board of Directors of the Company is now rescheduled and will be held on Wednesday, July 29, 2020; to consider, approve and take on record the Audited Standalone and Consolidated Financial Results of the Company for the 4th Quarter and Year ended March 31, 2020 along with the Auditor’s Report thereon.
The above information is a part of company’s filings submitted to BSE.