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Parmeshwari 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 have been reviewed by Audit Committee and taken on record by the Board of Directors at its Meeting held on 1st Feb, 2019. The Statutory Auditors have carried out their limited review of the above results.

2. The above results have been prepared in accordance with the Companies (Indian Accounting Standards) Rules, 2015 (IND AS), prescribed under section 133 of the Companies Act, 2013 and other recognized accounting practices and policies to the extent applicable.

3. The IND AS compliant corresponding figures for the period as reported above have not been subjected to review. However, the Company's management has exercised necessary due diligence to ensure that such financial results provide a true and fair View of its affairs.

4. The figures for the previous period/year have been regrouped/reclassified, wherever necessary, to conform to the current period/year classification.

5. As the Company's business activity falls within a single segment, therefore "Segment Reporting" are not applicable.

Jatinder Pal Singh
Whole Time Director