Ram Info Ltd. - Quarterly/Annual Result Disclosures and Notes dated 31 Mar 2021

1. The above Financial results arc recommended by the Audit Committee were considered and approved by the Board of Directors at their meeting held on 25.05.2021.

2. The Standalone Financial results are reveiwed by the Statutory Auditors of the Company as per Regulation 33 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015.

3. The Company expects to fully recover the carrying amounts of the assets including receivables, other financial and non financial assets. The company believes that the impact due to outbreak of COV1D-19 is likely to be short-term in nature and does not anticipate any medium to long term risks in the Company's abilily to continue as a going concern and meeting its liabilities as and when they fall due. The Company will continue to monitor any material changes to future economic conditions, considering the uncertainty involved therein.

4. The Company awarded a Contract vide Letter of Intent No. 538/e-subcentres/SPI/2018 Dt. 22.11.2018 issued by the Commissioner of Health and Family welfare, Gollapudi, Vijayawada, for procurement of services for standardization and refurbishment of government owned telemedicine facilities at sub centres in Zone-11 of Andhra Pradesh state to M/s World Health Partners in consortium with M/s Ramirtfo Limited and M/s Medongo Health Pvt Ltd. The government of Andhra Pradesh has appointed a standing committee to review this contract. Due to conlingecy about the continuation of this projcel, the Company not recognised revenue from from this contract during the quarter and year ended March 31, 2021.

5. The Company has incurred an amount of Rs.6858 thousands towards Malnutrition Analysis and Reporting System (M.A.R.S) project in the form of Salaries, travelling cost, Consultancy charges and other administrative expenses which were earlier shown under work in progress. After reviewing the current conditions the management has decided to write off the expenses so incurred as no proceeds were expected from the project.

6. Previous figures have been regrouped / rearranged wherever neccessary, to confirm with the current period presentation.

7. The figure for the quarter ended June 31, 2021 and March 31, 2020 represnets the balancing figures between audited figures in respect of full financial year and the unaudited published year to date figure upto the third quarter ended Dec 31, 2020 and 31 Dec 2019 respectively.