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Government guidelines make it mandatory for unaudited financial result (UFR) notices to be published in newspapers through all "limited" businesses following quarterly conferences of the board of directors and chairperson. The results may be audited by an audit committee or internal auditors. still, they're not placed earlier than a general body meeting because they're no longer for the whole year, whilst giving an concept to traders/creditors approximately their overall performance in finding out about the increase of the company. while these are comparative financing statements, if there's any main variance from one quarter to every other, satisfying factors also are given. The board of directors meeting discusses these results. final account statements project the picture for the whole year having been audited by statutory auditors and passed at the annual general meeting.

  • Such an advertisement must be published in at least two newspapers, one of which should be an English daily and the other a regional or vernacular language newspaper.

  • The English newspaper must also be circulated in a region the advertiser prefers.

  • Any such ad can be only published in classified display or display ad formats which are measured and priced accordingly.

  • Public Notice and Tender ads are the main categories for UFR ads in newspapers while UFR is a sub-category under it.