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Khaitan Chemicals - Limited Review for the quarter ended Dec 31, 2007

Khaitan Chemicals & Fertilizers 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:

“Non-provision of deferred tax, amount being not ascertained, leading to non-compliance with Accounting Standard (AS) 22 on Accounting for Taxes on Income.”

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