Compucom Software Ltd. - Quarterly/Annual Result Disclosures and Notes dated 31 Mar 2022

1. The financial results of the Company have been prepared in accordance with Indian Accounting Standards ('Ind AS') prescribed under section 133 of the Companies Act, 2013 ('the Act') read with the relevant rules thereunder and in terms of Regulations 33 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015

2. The above results for the quarter and year ended 31st March, 2022 were reviewed by the Audit Committee and approved by the Board of Directors at their meetings held on 24th May 2022. The statutory auditors have expressed as unmodified audit opinion on these results.

3. 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.

4. Figure for corresponding previous year have been regrouped / reclassified wherever necessary.

5. 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.

6. The impact of COVID-19 on the company's financial results for the year ended 31.03.2022 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.

7. Statement of Cash Flow is attached in Annexure A.

8. Other income includes recovery of bad debts of Rs. 18.16 crores for the year ended 31.03.2022 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 circulars.

10. The Board of Directors has recommended dividend @ 20% i.e. Rs.0.40/- per share of Rs. 2 each for the F.Y. 2021-22, subject to approval of the Shareholders in the ensuing Annual General Meeting.