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Raj Rayon - Limited Review for the quarter ended Dec 31, 2007

Raj Rayon 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:

“Accounting Standards ‘22′ for Accounting for Taxes on Income for the quarter ended December 31, 2007 which will be provided at the end of the year in the audited statement.”

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