Sagarsoft (India) 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 above un-audited financial results were reviewed by the Audit Committee and later approved by the Board of Directors at their respective meetings held on January 24, 2019. The statutory Auditors have carried out a Limited Review of the financial results.
2. The financial results of the company were prepared in accordance with the Indian Accounting Standards notified by the MCA.
3. The Company is engaged in the Software Development and Consultancy, which is considered by the management as a single reportable business segment.
4. The Board of Directors has announced an Interim Dividend of Re.1.00 per equity share (10%) on the 55,60,000 equity shares of face value of Rs.10/- each for the financial year 2018-19 and has fixed 08th February, 2019 as the record date for the purpose .
5. Figures relating to previous period/ year have been regrouped/ reclassified wherever necessary.