The Board of directors of Videocon Industries Limited have accorded their approval to extend the current financial year by a period of 3 months, in terms of the requirements of Section 2(41) of the companies Act, 2013 and the Rules made there under. As such, the current accounting year shall be a period of 15 months beginning on 1 January, 2016 and ending on 31 March, 2017. The subsequent financial years, as such, shall begin on 1 April and will end on the following 31 March every year.