Elcid Investments Ltd. - Quarterly/Annual Result Disclosures and Notes dated 31 Dec 2018

Auditor and Management Disclosures and Notes for the quarterly results dated 31 Dec 2018

1. The business of the Company fall under a single segment i.e. Investments.

2. Above results were reviewed and recommended by the Audit Committee and have been taken on record by Board of Directors in their meeting held an January 29, 2019.

3. Statutory Auditors have carried out the audit of the above results.

4. Previous year's figure have been regrouped wherever necessary.

Varun Vakil