Royal Cushion Vinyl Products 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. Accumulated loss of Rs 36,918.62 Lacs as on March 31, 2007 as per the audited accounts of the Company for the year ended March 31, 2007 has not been disclosed in the statement of unaudited financial results for the quarter ended December 31, 2007.”
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