Rich Universe Network Ltd. - Quarterly/Annual Result Disclosures and Notes dated 31 Dec 2018

1. The Company has one segment of activity namely "Trading" and therefore, there are no separate reportable segments as per the Accounting Standard 17 i.e. "Segment Reporting".

2. The above financial results of the Company for the quarter and nine months ended December 31, 2018, have been reviewed by the Audit Committee and approved by the Board of Directors in their meeting held on February 5, 2019.

3. The Limited Review Report under Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, has been carried out by the Statutory Auditor of the Company and they have issued an unmodified report.

4. Effective from April 1, 2018, the Company has adopted IND AS 115 'Revenue from Contracts with Customers'. The application of IND AS 115 did not have any material impact on the financial results of the Company.

5. Figures have been regrouped/rearranged whenever necessary.