Muthoot Capital Services 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
Explanatory notes to the Statement of Standalone Unaudited Financial Results for the period/quarter ended 31st December, 2018:
1) The above results were reviewed by the Audit Committee and approved by the Board of Directors at its meeting held on 18th January, 2019 and the same have been reviewed by Statutory Auditors.
2) As the Company is mainly operating in one reportable business segment, namely "Financial Activities" the disclosure requirements of Accounting Standard (AS-17) "Segment Reporting" are not applicable.
3) Previous period figures have been regrouped / rearranged wherever necessary.
4) The company in its AGM held on 14.06.2018 has approved multiple series of ESOP schemes. However, no options have been granted during the period/quarter under the approved schemes.