Generic Engineering to Review Quarterly Financial Results in Board Meeting on December 20

Team Finance Saathi

    18/Dec/2024

What's covered under the Article

  1. Generic Engineering's Board Meeting scheduled for December 20 to review financial results.
  2. Un-audited results for June and September 2024 quarters will be considered for approval.
  3. Announcement complies with SEBI regulations and corporate disclosure obligations.

Generic Engineering Construction and Projects Limited has announced that a Board Meeting will be held on Friday, December 20, 2024. This meeting is scheduled to review and approve the un-audited financial results for the quarters ending June 30, 2024, and September 30, 2024. The decision to deliberate on these quarterly results underscores the company's commitment to transparency and adherence to SEBI's Listing Obligations and Disclosure Requirements Regulations, 2015.

The company informed both the Bombay Stock Exchange (BSE) and the National Stock Exchange of India (NSE) about this meeting as part of its compliance obligations. The NSE symbol for Generic Engineering is GENCON, and its BSE Scrip Code is 539407. This disclosure aims to keep shareholders and the public informed about the company’s financial performance and ongoing governance measures.

Key Agenda of the Board Meeting

  • Approval of un-audited financial results for the June 2024 quarter.
  • Approval of un-audited financial results for the September 2024 quarter.
  • Discussion of any other significant matters concerning the company’s operations and strategy.

The meeting, set to be held at the company’s headquarters in Mumbai, is a crucial step in Generic Engineering's financial calendar. The company’s financial performance for the last two quarters will offer key insights into its operational efficiency, revenue trends, and market positioning.

Why This Update Matters

The financial results for these quarters will provide stakeholders with an understanding of the company’s progress and challenges during the respective periods. For investors and analysts, the results are critical indicators of the company’s ability to meet its growth targets and maintain profitability in a dynamic market environment.

This announcement reflects Generic Engineering’s dedication to meeting its corporate governance responsibilities. By making such timely disclosures, the company aligns itself with best practices in financial transparency and stakeholder engagement.

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