Veljan Denison Ltd: Change and extension of Accounting Year - ROC approval

Veljan Denison Ltd has informed BSE that in order to make uniform financial year, the Board of Directors of the Company has passed a resolution in the meeting held on December 30, 2010, an application was made to ROC for change of accounting year and extension of financial Year beyond 15 months. ROC has granted the extension and Change of Accounting Year permitting the Company to close the accounts as on March 31, 2011.

Now the Company is preparing accounts for the Company for the period of 18 months from October 01, 2009 to March 31, 2011.