Alok Industries:The Stock From Hell

Alok Industries Limited has informed the Exchange that ”We request the Exchnage to refer Company’s earlier letter by which Company had intimated the Exchange about the Board Meeting scheduled on November 9, 2015 to consider Un-audited Provisional Financial Results of the company for the quarter ended September 30, 2015.In this connection, Company regret to inform the Exchange that due to some glitches in the IT system, Company are unable to retrieve our financial/ accounting data properly and coupled with excessive absenteeism of key management people on account of festival season, Company is compelled to postpone the aforesaid meeting.Company shall fix up the next date of the meeting once the technical problem in the IT system is resolved”

-filed on National Stock Exchange website

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