Compucom Software Ltd. - Quarterly/Annual Result Disclosures and Notes dated 31 Mar 2021
Auditor and Management Disclosures and Notes for the annual results dated 31 Mar 2021
Notes:-
1. The above results have been reviewed by the Audit Committee, approved and taken on record by the Board of Directors of the Company at its meeting held on June 15, 2021. The financial results are in accordance with Indian Accounting Standards (Ind-AS) as prescribed under section 133 of the Companies Act, 2013 read with relevant rules thereunder.
2. Segregation of capital employed between segments (except wind power generation segment, wherein the capital employed is Rs. 1,608 lacs) is not practicable as most of the fixed assets and liabilities are not identifiable with particular segments and are used interchangeably.
3. Figure for corresponding previous year have been regrouped / reclassified wherever necessary.
4. Figures of last quarter for standalone results 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 relevant financial year.
5. The impact of COVID-19 on the company's financial results for the year ended 31.03.2021 was insignificant. However, after COVID-19/Lockdown getting new tenders/ projects under different segments in which the company is operating and completion of under construction Hotel Project (new segment) as scheduled may be uncertain.
6. The Board of Directors has recommended dividend @ 15% i.e. Rs.0.30/- paise per share of Rs. 2 each for the F.Y. 2020-21, subject to approval of the Shareholders in the ensuing Annual General Meeting.
7. Statement of Cash flow is attached in Annexure A.
8. Other income includes recovery of bad debts of Rs. 3.88 crores written off in past years.
9. With reference to the SEBI circular dated nov., 26 2018 and April, 11 2019 in respect of fund raising by issuance of debt securities by large corporate and disclosure compliance thereof we would like to inform you that our Company is not coming under the large corporate category as per the framework provided in the aforesaid circulrs.