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Panth Infinity Ltd. - Quarterly/Annual Result Disclosures and Notes dated 31 Mar 2021

Auditor and Management Disclosures and Notes for the annual results dated 31 Mar 2021

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 June, 2021. The Statutory Auditors have carried out the audit for the quarter and year ended 31st March, 2021 and issued unmodified Report thereon. These results are available on the Company's Website.

2 The figures of the quarter ended 31st March, 2021, 31st December, 2020 and 31st March, 2020 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 of the respective financial year.

3 The statement is as per Regulation 33 of the Securities and Exchange Board of India ('SEBI') (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended ('Listing Regulations').

4 There are no Investors Complaints pending as on 31st March, 2021.

5 The Company operates in single segment only.

6 During the Quarter, the Board of Directors in their Board meeting decided to sell certain fixed assets in the form of land owned by the Company as well as investments and the amount of Loss and Profit out of respective sales is shown under Exceptional Items.

7 The Figures for the previous half year / year have been regrouped/reclassified, wherever necessary to confirm to current period/year classification.

8 The outbreak of Covid-19 pandemic is causing significant disturbance and slowdown of economic activities globally. The nationwide lockdown ordered by the government of India has resulted in the significant reduction in economic activities and also the business operations of the company in terms of revenue. The management has considered the possible effect that may result from the pandemic on the recoverability/carrying value of the assets. Based on the current indicators of future economic conditions, the management is expected to recover the carrying amount of assets However the management will continue to closely monitor any material changes to future economic conditions. Given the uncertainty, the financial impact on the company assets in future may differ from the estimated as the date of approval of these financial results.