Aplab Ltd. - Quarterly/Annual Result Disclosures and Notes dated 31 Mar 2017

1. No provision is made for current tax in view of the unabsorbed tax losses. Deferred tax asset on account of such unabsorbed losses will be assessed during subsequent years and will be recognized in conformity with the principles of AS 22 -Accounting for Taxes on Income.

2. The company is exclusively in the business of manufacturing and marketing professional electronic equipment. This is in the context of Accounting Standard 17 on Segment Reporting, notified by the Companies (Accounting Standards) Rules 2006, is considered to constitute one single primary segment.

3. Figures of the previous year are regrouped / rearranged, wherever necessary.

4. The above results were reviewed and recommended by the Audit Committee and approved by the Board of Directors at the meeting held on 29th May, 2017.

5. There were no complaints from investors that were unresolved as on 31st March 2017. During the Quarter under review the Company received no complaints from investors.

6. The Auditors have expressed concern in their report for non payment of various liabilities on time. Management is trying to dispose of a few properties at various locations which will enable repayment of these liabilities.