Naina Semiconductor Ltd. - Quarterly/Annual Result Disclosures and Notes dated 30 Jun 2017

1. The above statement was taken on record by Board of Directors at the meeting held on July 31, 2017.

2. Previous years figures have been recast/ regrouped wherever necessary.

3. As the factory in haldwani is closed since 2001 & the depreciation on assets lying there has not been provided.

4. During this year the depreciation was charged only on plant & machinery which is not in used at Haldwani & as per Vat depratment the value of those machinery becomes nil & the same.