Aplab Ltd. - Quarterly/Annual Result Disclosures and Notes dated 31 Mar 2019

1. The above results were reviewed and recommended by the Audit Committee and approved by the Board of Directors at the meeting held on 14th May 2019.

2. The Statement of standalone financial results has been prepared in accordance with the Companies (Indian Accounting Standards) Rules,2015 (Ind AS) prescribed under Section 133 of the Companies Act,2013 and other recognised accounting practices and policies to the extent applicable. Beginning 1st April, 2017, the Company has for the first time adopted Ind AS with a transition date of 1st April, 2016.

3. The format for unaudited quarterly results as prescribed in SEBI's Circular CIR/CFD/CMD/15 dated 30th November, 2015 has been modified to comply with the requirements of SEBI's circular dated 5th July, 2016, Ind AS and Schedule III (Division II) to the Companies Act, 2013, which are applicable to Companies that are required to comply with Ind AS.

4. The company is operating in one segment only i.e. Manufacturing and Marketing professional electronic equipments.

5. There were no complaints from investors that were unresolved as on 31st March 2019. 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 off the properties at various locations which will enable repayment of these liabilities.