Panth Infinity Ltd. - Quarterly/Annual Result Disclosures and Notes dated 31 Mar 2019
Auditor and Management Disclosures and Notes for the annual results dated 31 Mar 2019
Notes:-
1. The above financial Results have been reviewed by the Audit Committee and approved by the Board of Directors at their respective meetings held on 30th May, 2019. The Statutory Auditors have carried out the audit for the quarter and year ended 31st March, 2019 and issued unmodified Report thereon. These results are available on the Company's Website.
2. During the Quarter, the Board of Directors in their Board meeting held on 30th March, 2019 decided to sell certain fixed assets in the form of land owned by the Company which had been remained unused from a very long period of time and the Board of Directors also decided to dispose of the 1,25,000 equity shares of Shree Kaytex Processors Private Limited held as investment and amount of Loss or Profit is shown under Exceptional Items.
3. The Audited Standalone Segment revenue, results, Segment assets and Segment liabilities are annexed. The Company is engaged in the Business of trading of Precious Metals, Stones & Jewellery.
4. The figures of the quarter ended 31st March, 2019 and 31st March, 2018 are the balancing figures between the audited figures in respect of the full financial year and the published year to date figures upto the third quarter ended 31st December, 2018 and 31st December, 2017 respectively.
5. The Figures for the previous period/year have been regrouped/reclassified, wherever necessary to confirm to current period/year classification.