Examples of Proforma Financial Statements in a sentence
Our Proforma Financial Statements are illustrative in nature and have not been prepared in accordance with auditing or other standards and practices generally accepted in other jurisdictions and accordingly should not be relied upon as if it had been prepared in accordance with those standards and practices.
Restricted Persons have heretofore delivered to each Lender true, correct and complete copies of the Initial Proforma Financial Statements.
The Initial Proforma Financial Statements were prepared in good faith based upon assumptions specified therein.
In addition, the Proforma Financial Statements, as required under the SEBI ICDR Regulations in relation to the acquisition of Chhaya, in which we acquired control with effect from December 5, 2016, is included in this Red Herring Prospectus.
Inaddition, the rules and regulations related to the preparation of pro forma financial information in other jurisdictions may also vary significantly from the basis of preparation as set out in our notes to the Proforma Financial Statements.