Pazel International Ltd. - Quarterly/Annual Result Disclosures and Notes dated 31 Dec 2018

1. The financial result of the Comapny have been prepared in accordance with Indian Accounting Standards (IND AS) notified under the Companies (Indian Accounting Standards) Rules, 2015 as amended by the Companies (Indian Accounting Standards) Rules, 2016.



2. The above results have been reviewed by the Audit Committee in its meeting held on 04th February, 2019 and approved & taken on record by the Board of Directors in its meeting held on 04th February 2019.



3. Previous period figures have been regrouped and reclassified, wherever necessary to comform current period classifaction.



4.The Company is having only one segment of business as per AS 17 “Segment Reporting".