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Abacus Computers Ltd. - Quarterly/Annual Result Disclosures and Notes dated 30 Jun 2017

Auditor and Management Disclosures and Notes for the quarterly results dated 30 Jun 2017

1. The above results were reviewed by Audit Committee and taken on record by the Board of Directors at its meeting held on 14th August, 2017

2. The Company has only single Reportable Business Segment in terms of requirements of Accounting Standard 17.

3. During the quarter ended 30th June 2017, Nil complaints was received and attended.

4. Previous quarter’s figures have been re-grouped / re-arranged wherever necessary.

5. These financial statements are prepared in accordance with Indian Accounting Standards (Ind AS) under the historical cost convention on the accrual basis except for certain financial instruments which are measured at fair values, the provisions of the Companies Act , 2013 (`Act') (to the extent notified) and guidelines issued by the Securities and Exchange Board of India (SEBI). The Ind AS are prescribed under Section 133 of the Act read with Rule 3 of the Companies (Indian Accounting Standards) Rules, 2015 and Companies (Indian Accounting Standards) Amendment Rules, 2016.

6. No Reconillation arises due to trasition of Indian Accounting Standard from Accounting Standard.