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Commex Technology Ltd. - Quarterly/Annual Result Disclosures and Notes dated 31 Dec 2019

Auditor and Management Disclosures and Notes for the quarterly results dated 31 Dec 2019

1.The Company follows Indian Accounting Standards ('Ind AS') notified by the Ministry of Coporate Affairs and accordingly results (inculding comparatives for all periods presented) have been prepared in accordance with the Ind AS effective on the date of adoption of the results by the Board.

2.The above unaudited financial results were reviewed by the Audit Committee and approved by the Board of Directors at their meeting held on 7th February,2020

3.Disclosure of Segment-wise information is not applicable as Software Development is the Company's only business segment.

4.The consolidated financial statements for the quarter ended December 31,2019 are prepared in accordance with AS-21 and AS-27 notified under setion 133 of The Companies Act. 2013.

5.Corresponding figures of the previous quarter/year have been regrouped, recasted and reclassified to make them comparable wherever necessary.

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