5 The figures for the last quarter
are the balancing figures in respect of the full financial year upto March 31,
2020 and unaudited published year-to-date figures upto December 31, 2019, being
the date of third quarter of the financial year which were subject to Limited Review by
6 The company has, in accordance with the Indian Accounting Standards (Ind AS)
108 - Operating Segments, identified Investment Activity, Trading Activity and
Manufacturing Activities as its segments and financial details thereof are
disclosed in a separate annexure attached herewith.
7 The Board of Directors have
recommended payment of dividend @ 5% i.e Rs.0.50 per equity share subject to approval of
sherholders at the ensuing General Meeting.
8 In the last week of March 2020, an outbreak situation arose in India on
account of COVID 19. The Company has considered such outbreak situation as
subsequent event to the Balance Sheet date i.e, March 31, 2020 in terms of Ind
AS 10 "Reporting on Event After Balance Sheet Date" and has assessed the
operational and financial risk on going forward basis
In assessing the impacts on the recoverbility of financial and
non-financial assets,the extent to which the COVID 19 pandemic will impact the
Company's operationas and financial results will depend on future developments,
which are highly uncertain,including, among other things, any new information
concerning the severity of the COVID 19 outbreak and any action to contain its
spread or mitigate its impact whether goverment mandated or elected by the Company
The impact on the operations and ernings/cash flow of the Company due to
COVID 19 outbreak may be assessed only after clarity on reopening of domestic
and export customers manufacturing facility which is still uncertain as on
reporting date and lead to impracticable for the Company to entimates projectd
revenue from oprations and earnings for the next year and imapct thereon due to
COVID 19 Through, the management will continue to closely monitor any material
changes arising out of future economic condiions and impact on its business.
9 Due to pandemic Covid 19 and lockdown, certain despatches of March 2020 and
could not materialised which resulted in lower consolidated Revenue and PBT of
Q4 of F.Y 2019-20..
10 During the quarter, no compliants from investor were received. There were no
complints pending at the beginning and at the end of the quarter.
11 The Company elected to exercise
the option permitted under section 115BAA of the income-tax Act, 1961 as
introduced by the Taxation Laws(Amemndment) Act, 2019. Accordingly, the Company has recognised provision for income tax for the
quarter and year ended March 31, 2020 and remeasured its deferred tax assets/
liabilities basis the rate prescribed in the said section.
12 Previous period's figure have been reclassified, wherever necessary, to
correspond with those of the current period
FOR TAMBOLI CAPITAL LIMITED
(Vaibhav B. Tamboli)
Chairman & CEO