VISHALEXPO

Vishal Exports Overseas Limited has informed the Exchange that the following Promoters / Directors namely 1.Shri Pradeep S. Mehta 2.Shri Dipak S. Mehta have been detained by the officers of the CBI (Central Bureau of Investigation), Mumbai from March 31, 2010 for investigation purpose in response to compliant filed by the Company's bankers and accordingly they are not in position to attend the office of the Company and Meeting of the Board. Further there are remain only two directors in the Board and both are Individual and Non-Executive Directors. In view of the above, the Company is not in p

Vishal Exports Overseas Limited has informed the Exchange that the Company had applied for obtaining permission from the Office of Registrar of Companies, Gujarat at Ahmedabad for the extension of Financial Year upto six months and also applied for extension in time to hold Annual General Meeting of the Company for the period of six months. The Registrar of Companies, Gujarat at Ahmedabad has not granted the Company's request and not given the permission to extend the Financial Year upto six months and also not given the permission to extend the time to hold the Annual General Meeting of the C