Modern Engineering & Projects Ltd. - Quarterly/Annual Result Disclosures and Notes dated 31 Mar 2019

Notes:

1. The above results have been reviewed by the audit committee and thereafter were approved and taken on record by the Board of Directors at its meeting held on 25th May, 2019.

2. Figures of the Previous Year /Period have been regrouped/ recasted wherever necessary.

3. The above results will be available on Company's website www.modernconvertors.com 4. During the quarter ended 31st March, 2019 and the corresponding previous quarter/year, the Company has operated only in one geographical segment. Hence segment reporting as per AS 19 is not given.

5. Figures for the quarter ended 31st March, 2019 and 31st March, 2018 are the balancing figures between audited figures in respect of full financial year and the published year to date figures up to the third quarter.

6. The Auditors have issued the Audit Report with unmodified opinion.

7. The Statement has been prepared in accordance with the Companies (Indian Accounting Standard) Rules, 2015 (IND AS) prescribed under Section 133 of the Act, 2013 and other recognized accounting practices and policies to the extent applicable.