Salzer Electronics Ltd. - Quarterly/Annual Result Disclosures and Notes dated 31 Mar 2017

1. The Company operates in only one segment viz., Electrical installation products.

2. The above audited financial results were duly reviewed by the Audit Committee at its meeting held on May 24, 2017 and were taken on record and approved by the Board of Directors at their meeting held on May 25, 2017 along with the Audit Report issued by the Statutory Auditor on Quarterly Financial Results and Year to Date Results of the Company.

3. The Board Recommended a Dividend at rate of Rs.1.60 (16%) per Equity Share of Rs.10/- for the Financial year 2016-17.

4. During the Period, the Company made following further allotment of :-

a. 580000 equity shares to the Promoters upon conversion of share warrants

b. 125000 equity shares to the Employees upon exercise of Stock Options

5. Figures relating to corresponding previous year have been regrouped, wherever necessary.