Excel Castronics Ltd. - Quarterly/Annual Result Disclosures and Notes dated 31 Dec 2017

1. The above results have been reviewed by the audit committee and approved by the Board of Directors at their meeting held on February 12, 2018.

2. The above and pervious year / quarter figures have been regrouped, rearranged wherever necessary.

3. Tax Expense and depreciation is to be provided on annual basis.

Jayesh Vallabhaji Madiyar
Chairman & Managing Director