Siyaram Silk Mills Ltd. - Quarterly/Annual Result Disclosures and Notes dated 31 Dec 2018

Auditor and Management Disclosures and Notes for the quarterly results dated 31 Dec 2018

1. The above results were reviewed by the Audit Committee and approved by the Board of Directors at their meeting held on 28th January, 2019.The Statutory Auditors have carried out a Limited Review of the above financial results.

2. The results have been prepared in accordance with the Indian Accounting Standard (Ind AS) as prescribed under Section 133 of the Companies Act, 2013 with relevant rules issued thereunder.

3. The Company is engaged only in Textile business and there are no separate reportable segments as per Ind AS 108.

4) Exceptional item represents following:

(Rs. In Lakhs)

Particulars Quarter Ended Half Year Ended Year Ended

(Unaudited) (Unaudited) (Audited)

31.12.2018 30.09.2018 31.12.2017 31.12.2018 31.12.2017 31.03.2018

a) Reversal of GST

credit due to changes

in the GST laws for

claiming refund on account of

inverted duty structure. - 472 - 472 - -

b) Written off Contribution

made towards Common

Effluent treatment Plant - - - - - 602

Total - 472 - 472 - 602

5. The previous period figures have been regrouped/reclassified wherever necessary.