Techindia Nirman Ltd. - Quarterly/Annual Result Disclosures and Notes dated 31 Mar 2022

1. The Financial results were reviewed by the Audit Committee and were thereafter approved by the board of directors at its meeting held on 27th May 2022. The statutory auditors of the Company carried out the audit of the financial results.



2. The interest expenses of INR 101.34 Lakhs. paid for loan taken towards estate development project have since been reclassified as are operative expenses.



3. The Company is dealing in one major product segment.



4. The Company is in the business of infrastructure development and has commenced the development planing process, the Company is also taking effective steps to embark on project development activities, however there are no operation in this quarter.



5. the figure for the quarter endding 31.03.2022 are the balancing figure between audited figure of the full financial year and year to date figure up to third quarter.



6. The Company is contemplating a scheme of Amalgamation with 2 other Companies.



7. Investor Complaints Received during the quarter NIL, Pending at the end of quarter-NIL



8. The figures have been regrouped/ rearranged where ever necessary.