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Cinerad Communications Ltd. - Quarterly/Annual Result Disclosures and Notes dated 31 Dec 2018

Auditor and Management Disclosures and Notes for the quarterly results dated 31 Dec 2018

1. The above unaudited standalone Financial Results after review of the Audit Committee were approved by the Board of Directors at its meeting held on 30th January. 2019. The Statutory Auditors of the Company have carried out a "Limited Review" of the Financial Results for the Quarter and Nine Months ended in terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations. 2015. There are no qualifications in the audit report.

2. The figures for the corresponding previous Period have been regrouped/rearranged wherever necessary. to confirm to Current Year's classification.

3. Provision for Deferred Tax Liability, if any will be considered at year end

4. Company has only one segment & hence no separate segment result has been given.

5. Pursuant to the enactment of the Companies Act 2013 (the 'Act'), the Company has, effective 1st April, 2014. reviewed and revised the estimated useful lives of its fixed assets, generally m accordance with the provisions of Schedule II to the Act. The consequential impact (after considering the transition provision specified in Schedule II) on the depreciation charged and on the results for the quarter is not material.

Vinita Daga
Managing Director