Videocon Industries Limited is obliged to submit and/or publish the annual audited financial results of the Company for the financial year ended on 31st March, 2021 and for the quarter ended on that date. Further, due to the prevalent COVID-19 situation, the SEBI vide its Circular No. SEBI/HO/CFD/CMD1/P/CIR/2021/556 dated 29th April, 2021 ("SEBI Circular") granted relaxation to companies from compliance with certain provisions of the Listing Regulations. As per the said SEBI Circular, SEBI extended the deadline for the submission of the annual audited financial results for the financial year ended on 31st March, 2021 and for the quarter ended on that date till 30th June, 2021. However, as the Company is not in a position to publish the said results in a timely manner, in compliance with the SEBI circular dated 19th November, 2018, the Company would like to furnish the reasons for delay in publishing of financial results for the annual audited financial results for the financial year ended on 31st March, 2021 and for the quarter ended on that date.