Explicit Finance 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 financial results have been reviewed by the Audit Committee and approved by the Board of Directors at the meeting held on 31-01-2019.

2. The Statutory Auditors of the Company have conducted Limited Review of the above financial results.

3. The Company is engaged primarily in the business of financing and accordingly there are no separate reportable segment as per accounting standard 17 dealing with Segment Reporting.

4. Previous year / quarters figures has been regroup / rearranged wherever necessary.

Gopal Dave