Ceinsys Tech Ltd. - Quarterly/Annual Result Disclosures and Notes dated 31 Mar 2021

1.These Standalone Audited Financial Results of Ceinsys Tech Limited (the "Company") for the quarter and year ended March 31, 2021 (the "statement") were reviewed by Audit Committee and approved by the Board of Directors at their meeting held on May 21, 2021.



2.The outbreak of corona virus (COVID-19) pandemic globally and in India is causing significant disturbance and slowdown of economic activity. The Company's operations and revenue during the period were impacted due to COVID-19. The current '"second wave” that has significantly increased the number of cases in India has led to suspension of operations and closure of certain project work due to regional / local restrictions in areas with significant number of COVID-19 cases. This unprecedented disruption continuous to impact the business and financial results. The Company has been taking various precautionary measures to protect its employees, customers and society at large, like control movement, maintaining social distancing, taking appropriate and stringent hygiene measures and following the directions of Government regulatory authorities. The Company believes that the Pandemic is not likely to impact the carrying value of its assets. The Company continues to closely monitor the development and possible effects that may result from the current pandemic, on its financial condition, liquidity and operations and it actively working to minimize the impact of this unprecedented situation. As the situation is continuously evolving, the eventual impact may be different from the estimates made as of date of approval of these standalone financial results.



3.The figures for the corresponding previous periods/year have been regrouped/rearranged wherever necessary, to make them comparable.



4.The Figures of the last quarter are the balancing figures between audited figures of the full financial year and the unaudited year to date figures upto the third quarter of the respective financial year