Ricoh files police complaint against suspected wrong-doers

By: | Published: May 12, 2016 11:02 PM

Ricoh India, which is under Sebi's scanner for alleged financial irregularities, today said it has filed a complaint against "suspected wrong-doers".

ricohRicoh India, which is under Sebi’s scanner for alleged financial irregularities, today said it has filed a complaint against “suspected wrong-doers”.

Ricoh India, which is under Sebi’s scanner for alleged financial irregularities, today said it has filed a complaint against “suspected wrong-doers”.

The company provides various technology solutions and is a subsidiary of Japan’s Ricoh Co.

In a filing to BSE, the company said it filed “a complaint with the police against suspected wrong-doers” today.

“Ricoh India Ltd will fully cooperate with the police to enable due investigation of the suspected wrong-doings,” it added.

However, specific details were not disclosed.

Capital market regulator Sebi is looking into possible financial irregularities at the company which has failed to comply with certain listing obligations, including timely filing of financial results.

Ricoh India’s board would meet on May 17 to consider and approve unaudited financial results for the quarter ended September 30, 2015, subject to limited review by statutory auditors of the company, it had said in a filing to BSE yesterday.

In April, the company had said its financial statement for the quarter ended June 2015 and half-year ended September 2015 did not reflect the true and fair view of the state of affairs.

“… the audit committee and the board are of the opinion that the books of account and other relevant books and papers and financial statement for the quarter ended on June 30, 2015 and half year ended September 30, 2015, do not reflect true and fair view of the state of the affairs of the company,” it had said in a filing to the BSE.

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