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Sofcom Systems Ltd. - Quarterly/Annual Result Disclosures and Notes dated 30 Sep 2023

Auditor and Management Disclosures and Notes for the quarterly results dated 30 Sep 2023

1.The above unaudited standalone Financial Results after review of the Audit Committee were approved by the Board of Directors at its meeting held on 11th November, 2023. The Statutory Auditors of the Company have carried out a "Limited Review" of the Financial Results for the Quarter ended in terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. There are no qualifications in the audit report.

2. No Investors complaint remains pending at the quarter ended on 30th September, 2023

3. The figures for the corresponding previous period have been regrouped/rearranged wherever necessay, to confirm to Current Year's classification.

4. Provision for Deferred Tax Liability, if any will be considered at year end.

5. Company has only one segment & hence no separate segment result has been given.

6. The above financial results are also available on the Company's website www.sofcomsystems.com and BSE Limited's website www.bseindia.com.

7. Pursuant to the enactment of the Companies Act 2013 (the 'Act'), the Company has, effective 1st April, 2014, reviewed and revised the estimated useful lives of its fixed assets, generally in accordance with the provisions of Schedule II to the Act. The consequential impact (after considering the transition provision specified in Schedule II) on the depreciation charged and on the results for the quarter is not material