Quadrant Televentures Ltd
(Formerly HFCL Infotel Ltd)
Regd. Office : B - 71, Phase - VII, Industrial Focal Point, Mohali, Punjab
Unaudited Stand Alone Financial Results for the quarter ended June 30, 2009
(Rs in Lacs)
Unaudited Unaudited Audited
Notes :
1.  

Foreign exchange gain includes Rs 188.30 lacs representing the exchange differences arising in the three months period on the amount due and paid under the Buyers Credit Facility (Loan in foreign currency from foreign bank).

2.  

During the quarter ended June 30, 2009 no developments took place with respect to the terms and conditions of reciept of an advance of Rs 16,285 lacs from a non promoter company and the reciept of conformations from Banks and Financial Institution on the restructured Funded Interest Term Loan and accordingly no accounting treatment could be given on the comments of Statutory Auditor's Report on the accounts for the year ended March 31, 2009. The Company has approaced the Corporate Debt Restructuring Cell for resolution of some of these issues.

3.  

The Company has allotted 86,743,116 equity shares of Rs 10 each (at par) fully paid up to Financial Institutions and Banks on July 8, 2009 against the Advance Share Application Money of Rs 8674.31 lacs.

4.  

Information on investors' complaints for the year Opening Balance: Nil, New: Nil, Disposal: Nil, Closing Balance: Nil.

5.  

The company is operating in a single segment viz.providing unified telephony services.

6.  

Previous period/years figures have been reclassified, wherever necessary, to make them comparable with those of the current period.

7.  

Previous period/years figures have been reclassified, wherever necessary, to make them comparable with those of the current period. July 31, 2009. The same have been reviewed by the Statutory Auditors of the Company.

  
Place :   New Delhi 
Dated :   July 31st, 2009
By Order of the Board
Quadrant Televentures Limited
(Formerly Known as HFCL Infotel Limited)
  
M P Shukla
 Director
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