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NSE Announcements on Orbit Corporati (1) 05-Jun-08 10:44

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Posted by: MMB Messenger on ( 05-Jun-08 10:44 )
Price : [Orbit Corporati - BSE:Rs. 452.90 NSE:Rs. 451.00 when posted]
Orbit Corporation Limited has informed the Exchange that : "We have added the following projects in our pipeline, which would be executed over a period of 3-7 years. These projects are at various stages of acquisition. As per our accounting policy we would transfer the cost of such projects to CWIP (Current Work in Progress) only on completion of acquisition in all respect". The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).

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