Arcotech Limited announced that as per the Regulation 33 of SEBI (LODR) Regulations, the Company shall submit to the stock exchanges its annual audited financial results along with the audit report for the financial year ended March 31, 2023 within sixty days of the end of the financial year i.e. by May 30, 2023. However, in terms of above cited SEBI Circular No. CIR/CFD/CMD-1/142/2018 dated November 19, 2018, the company would like to inform that Company will not be able to submit the Audited Financial Results for the quarter and financial year ended on 31st March, 2023 within the prescribed time period i.e. on or before 30th May, 2023 because the Company is unable to schedule its Board Meeting and Audit Committee Meeting due to the non-availability of its Wholetime Director.

Previously Company had scheduled its Board Meeting on 20th May, 2023, however, Audit could not be completed by then and thereafter the Wholetime Director went out of town because of his prior commitments. He is expected to return by end of first week of June and Company will schedule its Meetings accordingly.