Amal Ltd. - Quarterly/Annual Result Disclosures and Notes dated 31 Mar 2018

1. The above results have been reviewed and recommended for adoption by the Audit Committee and approved by the Board of Directors at their respective meetings held on April 20, 2018.

2. The Company operates in a single segment, that is, manufacturing of bulk chemicals.

3. Revenue from operations for period up to June 30, 2017 includes excise duty, which is discontinued effective July 01, 2017 upon implementation of Goods and Services Tax (GST) in India. In accordance with 'Ind AS 18, Revenue', GST is not included in revenue from operations. In view of the aforesaid restructuring of indirect taxes, revenue from operations for the quarter , year ended on March 31, 2018 are not comparable with the previous periods.

4. In 2017-18, the Company has allotted 24 lakhs fully paid up equity shares of face value 10 each at par on preferential allotment basis to the Promoter - Atul Finserv Ltd against the share application money pending allotment pursuant to approved scheme by erstwhile BIFR , Insolvency and Bankruptcy Code, 2016.

5. The figures of last quarter are the balancing figures between audited figures in respect of the full financial year and the published year to-date figures upto the third quarter of the current financial year.

6. Figures pertaining to previous period , year have been regrouped , recast , reclassified wherever necessary.