CESC Ld - Final Results
10 August 1999 - 1:17PM
UK Regulatory
RNS No 7782m
CESC LIMITED
10 August 1999
To: Company Announcements
From: CESC Company Secretary
The following is a preliminary announcement of the result of the Company's
operations for the year ended 31st March, 1999:
FINANCIAL RESULTS
1998-99 1997-98
Rs. lakhs
Gross Income 170132.46 151582.02
Expenditure (including Depreciation) 182940.43 163057.31
(Loss) before Tax, Special Appropriation
Adjustment and Contingencies
Reserve Appropriation (12807.97) (11475.29)
Less, Provision for Taxation - -
Special Appropriation Adjustment 1665.78 -
Appropriation to Contingencies Reserve 715.00 696.00
(Loss) after Tax, Special Appropriation
Adjustment and Contingencies
Reserve Appropriation (15188.75) (12171.29)
Balance of Profit brought forward
From previous year - 1953.75
Balance (15188.75) (10217.54)
Transfers from; .
Debenture Redemption Reserve 1200.00 -
Investment Allowance Reserve 2000.54
Deferred Taxation Reserve - 761.87
General Reserve 956.51 7455.13
Deficit carried to Balance Sheet (13032.24) -
(15188.75) (10217.54)
No dividend has been recommended by the Board of Directors on the paid-up share
capital of the Company as on 31 March, 1999. As already advised, the Register of
Members of the Company at Calcutta will remain closed from 17 August to
31 August, 1999, both days inclusive, and during this period registration
of transfer of shares will remain suspended.
We would further advise that the Twenty-first Annual General Meeting of the
Company will be held on Thursday, 16 September, 1999 at 'Science City Main
Auditorium', JBS Haldane Avenue, P.O. G. K. Road, Calcutta 700 046. A copy of
the press notification is attached (below).
NOTICE
As already advised, the Register of Members of the Company at Calcutta will
remain closed from 17th August, 1999 to 31st August, 1999, both days inclusive,
in connection with the Twenty-first Annual General Meeting of the Company to be
held on Thursday, 16 September, 1999 at 'Science City Main Auditorium', JBS
Haldane Avenue, P.O. G. K. Road, Calcutta 700 046. Registration of transfer of
shares of the Company will remain suspended during this period.
END
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