Jaysynth Orgochem Ltd. - Quarterly/Annual Result Disclosures and Notes dated 31 Mar 2021

1.The above mentioned financial results have been reviewed by the Audit Committee and approved by the Board of directors, at the meeting held on 29th June, 2021. The Financial results are prepared in accordance with the Indian Accounting Standards (Ind AS) as prescribed under Section 133 of the Companies Act, 2013 read with Companies (Indian Accounting Standards) Rules, 2015 (as amednded).

2. The statutory auditors have conducted audit of the above financial results.

3.The fIgures of quarter ended 31st March 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 respective financial year.

4. The Company has only one segment.

5. In view of the losses available, no provisions for taxation has been made.

6. The Zero coupon non-convertible Debenture (ZCD) of the Company aggregating to Rs 1,604 lakhs outstanding as on 31st March, 2021 are Secured by First Pari Passu charge on all the existing assets of the company situated at Patalganga, MIDC Industrial Area and asset cover is adequate.

7. The Zero coupon non-convertible Debenture (ZCD) shall be redeemable at a premium of 50% in ten eqal quarterly installments commencing from 30th June, 2023 and ending on 30th September, 2025 in view of the revised term agreed upon on 26th May, 2021.

8. Formula for computation of ratio are as follows:

Debt Equity Ratio = Long Term Debt / (Paid up capital + Reserves & Surplus).

9. The figures for the previous year have been regrouped and rearranged wherever necessary.
1. The above mentioned financial results have been reviewed by the Audit Committee and approved by the Board of directors, at the meeting held on 29th June, 2021. The Financial results are prepared in accordance with the Indian Accounting Standards (Ind AS) as prescribed under Section 133 of the Companies Act, 2013 read with Companies (Indian Accounting Standards) Rules, 2015 (as amednded).

2. The statutory auditors have conducted audit of the above financial results.

3. The fIgures of quarter ended 31st March 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 respective financial year.

4. The Company has only one segment.

5. In view of the losses available, no provisions for taxation has been made.

6. The Zero coupon non-convertible Debenture (ZCD) of the Company aggregating to `1,604 lakhs outstanding as on 31st March, 2021 are Secured by First Pari Passu charge on all the existing assets of the company situated at Patalganga, MIDC Industrial Area and asset cover is adequate.

7.The Zero coupon non-convertible Debenture (ZCD) shall be redeemable at a premium of 50% in ten eqal quarterly installments commencing from 30th June, 2023 and ending on 30th September, 2025 in view of the revised term agreed upon on 26th May, 2021.

8. Formula for computation of ratio are as follows:

Debt Equity Ratio = Long Term Debt / (Paid up capital + Reserves & Surplus).

9. The figures for the previous year have been regrouped and rearranged wherever necessary.