VCU Data Management Ltd. - Quarterly/Annual Result Disclosures and Notes dated 31 Mar 2021

1) Consolidated financial results cover the operations of VCU DATA MANAGEMENT LIMITED and one associate company [Ascent Shares and Stock Brokers Private Ltd.]



2) The above consolidated financial results have been reviewed by the Audit Committee and approved by the Board of Directors at its meeting held on 29th June, 2021. The Statutory Auditors have carried out an audit of the standalone financial results and have issued an unmodified opinion thereon. The financial results of one associate have not been reviewed by the statutory auditor of the holding company and have been audited by their respective statutory auditors and approved by their respective Board of Directors



3) This statement has been prepared in accordance with the Companies (Indian Accounting Standards) Rules, 2015 (lnd AS) prescribed under Section 133 of the Companies Act, 2013 and other recognized accounting practices and policies to the extent applicable.



4) Covid-19 outbreak was declared as a global pandemic by World Health Organisation. As per the current reports the Second wave of COVID-19 pandemic has peaked in most states in India. The Company is closely monitoring the impact due to COVID-19 on various aspects of its business including its customers/ vendors/ employees and other business partners. The Company will continue to monitor for any material changes to future economic conditions and as of March 31, 2021 based on the facts and circumstances existing as of that date, the Company does not anticipate any material uncertainties which affects its liquidity position and also ability to continue as a going concern. In management view, the Company's capital and liquidity position stands strong as on reporting date. However, the impact assessment of Covid-19 is a continuing process given the uncertainties associated with its nature and duration.



5) The Company is having single reportable segment as defined in Indian Accounting Standard-108 on “Operating Segment”.



6) The Figures have been regrouped & rearranged where necessary to confirm the figures of the current period. The figures for the quarter ended March 31, 2021 and March 31, 2020 are balancing figures between unaudited figures in respect of the period year ended March 31, 2021 and March 31, 2020 and the unaudited figures of nine months ended December 31, 2020 respectively.



7) Previous period / year figures have been regrouped/ reclassified, wherever found necessary, to conform to current period/ year classification



8) These financial result will be made available on the Company's website viz. www.vcupack.in and on the website of BSE Ltd. viz www.bseindia.com respectively.