Vapi Enterprise Ltd. - Quarterly/Annual Result Disclosures and Notes dated 31 Mar 2018
Auditor and Management Disclosures and Notes for the annual results dated 31 Mar 2018
1. The above financials result were reviewed by Board of Directors at their meeting held on 30th May, 2018. The Statutory Auditors have carried out the Audit of these financial results.
2. The Company adopted Indian Accounting Standards ("Ind AS") from 1st April , 2017, with transaction dated being April 1, 2016, the financials result have been prepared in accordance with recognition and measurement principals laid down in the Indian Accounting Standards as prescribed under section 133 of Companies Act, 2013 read with relavant rules issued thereunder and other accounting principles generally accepted in India.
3. Reconciliation of the Financial Results for the quarter and year ended 31st March, 2017 to those reported under previous Generally Accepted Accounting Principles (“GAAP”) is summarized as follows:(For Table, kindly refer Corporate Announcements on www.bseindia.com.)
4. Reconciliation of total Equity previously reported ( referred to previous GAAP) AND Ind AS in accordance with the requirement of the Ind AS101 is prescribed under:(For Table, kindly refer Corporate Announcements on www.bseindia.com.)
5. The figures for the previous period have been regroup/rearrange wherever consider necessary