Jupiter Industries - Limited Review for the quarter ended Dec 31, 2007

Jupiter Industries & Leasing Ltd has informed BSE that in the limited review report of the Company for the quarter ended December 31, 2007, the Auditors of the Company have made the following observations:

“1. The Company has not accounted dues in the books amounting to Rs 197.57 lakhs as per the order directed by The Mumbai Debts Recovery Tribunal in the year 2002-2003.

2. The Company has not accounted accumulated lease equalization charges.”

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