Kingfisher Airlines defers declaration of results

Mumbai: Kingfisher Airlines today said it has deferred declaration of its financial results for the year ended March 31, 2009, in the absence of requisite quorum.
The Chairman of the Audit Committee met with an accident and hence the quorum could not be completed, the private airline said in a statement here.
"The Kingfisher Board met as scheduled today in Mumbai. However, the consideration of the audited financial statements for the year ended March 31, 2009, has been deferred since the Audit Committee meeting could not be held as the quorum requisite was not present,"it said.
01/07/09 PTI/Indopia

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Categories: Kingfisher Jul 2009