CASTEX TECHNOLOGIES LIMITED © (formerly known as Amtek India Limited).

Corporate Office: 3, L.S.

E-mail: info@castextechnologi Tel. +94 11 42344444, Fax: +91 11 42344400

es.com, Website: castextechnologies.com

CIN: L65927HR1 983P1.C033789

C., Pamposh Enclave, Greater Kailash-, New Delhi - 110 048

Statement on Impact of Audit Qualifications (for audit repost with modified opinion) submitted

alone-with Annual Audited Financial Results - (Consolidation)

3 % Statement on Impact of Audit Qualification 5 for the Ei

sion’ 83 / 82 of the

kL — Audited Figures ; Adjusted Figures

{as reported {audited figures

Sl. ; before adjusting after

No Particulars for qualifications) adjusting for

, {Rs, in Lacs} qualifications) (Rs. in Lacs}

1. Turnover / Total income 46069 46069

2. Total Expenditure 128027 128027

3. | Net Profit/(Loss) (81958) (87958)

A. Earnings Per Share (19.82} (19.82)

s, Total Assets 764780.97 764780.97

6. Total Liabilities Taras eA Ret

7. | Net Worth (32437.27) (32437.27)

Any other financial item(s} (as felt appropriate by the

management) 2

8g.

Audit Qualification (each audit qualification separately):

a) Details of Audit Qualification: The Company was required to get the investment (Rs.

56429.41 Lacs ) at fair value but the same has not been done by the company,

b) Type of Audit Qualification ; Qualified Opinion

c) Frequency of qualification: First time

d) For Audit Qualification(s) where the impact is quantified by the auditor, Management's

Views: NA

e} For Audit Qualification(s) where the impact is not quantified by the atiditor:

(i} Management's estimation on the impact of audit qualification: NA

Me

Regd, Office: Village Mohmmadpur,

BPO - Nursinghpur Old Manesar Road,

Gurgaon Haryana. Tel: +91-124-4749400

li} tf management is unable to estimate the impact, reasons for the same: The

Company is under Corporate insolvency Resolution Process since 21.12.2017 and is

presently undergoing CIRP in line with provision of the insolvency and Bankruptcy Code;

32016, Since company has not started the process of determination of value in use;

therefore value of impairment cannot be assessed.

Ht. Audit Qualification (each audit qualification separately):

a} Details of Audit Qualification: The Company was required to determine the value in use of

assets but the same has not been done by the company.

b} Type of Audit Qualification Qualified Opinion

c) Frequency of qualification: First time

d) For Audit Qualification(s} where the impact is quantified by the auditor, Management's

Views: NA

e} For Audit Qualification{s) where the impact is not quantified by the auditor:

{i} Management's estimation on the impact of audit qualification: NA

fii) If management is unable to estimate the impaci, reasons for the same: The

Company is under Corporate Insolvency Resolution Process since 21.12.2017 and is

presently undergoing CIRP in line with provision of the Insolvency and Bankruptcy Code,

2016. Since company has not started the process of determination of value in use,

therefore value of impairment cannot be assessed.

I. Audit Qualification (each audit qualification separately):

a) Details of Audit Qualification: The financial statements and other financial information of

the overseas subsidiary, Joint venture and associates included in the consolidated IND AS

financial statements for the year ended March 31, 2019 are based on its unaudited financial

statements.

b) Type of Audit Qualification ‘ Qualified Opinion

c) Frequency of qualification: First time

a} For Audit Qualification(s) where the impact is quantified by the auditor, Management's

Views: NA

e} For Audit Qualification(s) where the impact is not quantified by the auditor:

(i) Management's estimation on the impact of audit qualification: NA

(ii) If management is unable to estimate the impact, reasons for the same: The

Financial year of overseas subsidiary is different from financial year of the company and it

is difficult to get the same audited with in short time available, For remaining entities

management has considered only unaudited financial statements as the carrying value of|

investment involved in all these entities is immatertal.

iH, Audlt Qualificat! each gudi i alification (gach audit qualification separately};

a} Details of Audit Quali ‘ Audito a wes bavalirs nett lic The position of assets/ liabilities held for sale pertaining to

y is sane as was in previous financial year,

’

’

b tt sae ) | Type of Audit Qualification : Quafified Opinion

ct ‘3S + z : < Freauency of qualification: First time

VAcws: NA

a} For Audh Qui aA e

i udh Qualification {s) whee im tj an NST V here the impact ig quantified by the auditar, Vianagem nt's ATs ret Cs ths 7

2} For Audlt Qualivi 5 uatificatlon(s) where the Impact is not quantified by the auditor:

ff) Mi t ANE ‘ : t anagement's estimation on the impact of audit qualification: NA

ns

my Fe fii} Wf manaperment i sapernent is unah sti ; i Sige Re ieee seri to estimate the impact, reasons for the same: The

cubcininsine ce onal of the company has no control / access ccarch ea Ven ER ae

losiciaries, since Une step dowr subsidiari . 1s access OvEt/ LO tire oVersens

receivershis in Si a a5 down subsidiaries in which Company holds stake, is und "

2 in Singapore and the receivership process is su uaa P a. p process is stlluncder progress. :

See 7

Ajay cufrat

Myr an oY a ei FRM. BOG2aN) ; _, ; 3 AS,

Abhishek Gupta Ol Auditor Re SS ee

Place: New Delhi Bate: 28.05.2019

I

Dinka’ T. enkatasubramanian

IP Registration No.

‘BBYIPA-O01/IP-PO0003/2016-17/10011

asolution Professional tm ™

Casiex Technologies Limited

CASTEX TECHNOLOGIES LIMITED | (formerly known as Amtek India Limited)

Corporate Office: 3, L.S.C., Pamposh Enclave, Greater Kailash-i, New Delhi - 110 048

Tel. +91 1142344444, Fax: +91 11 42344400

E-mail: info@castextechnologies.com, Website: castextechnologies.com

CIN: L65921HR1983PLC033789

Statement on Impact of Audit Qualifications (for audit report with modified opinion) submitted

along-with Annual Audited Financial Results - (Standalone)

2) (Amendment):Regi Audited Figures Adjusted Figures

st 4 {as.reported (audited figures after ° Particulars before adjusting adjusting for

No. for qualifications) qualifications) {Rs. In Lacs} (Rs. In Lacs)

4 Turnover / Total income 46069 46069

2 Total Expenditure 120817 120817

3 Net Profit/{Loss) (74748) (74748)

4, Earnings Per Share {19.82} (19.82)

5 Total Assets , 706981.54 706981.54

6 Total Liabilities 785182.49 785182.49

ts Net. Worth {78200.95} {78206.95}

Any other financial item(s} (as felt appropriate by the . ae 8. management) ! Audit Qualification {each audit qualification separately):

Details of Audit Qualification: The Company was required to determine the value in use of assets

but the same has not been done by the company. *

b. Type of Audit Qualification : Qualified Opinion

Ci Frequency of qualification: First time

For Audit Qualification(s} where the impact is quantified by the auditor, Management's Views:

NA

e. Far Audit Qualification(s) where the impact is not quantified by the auditor:

{i} Management's estimation on the impact of audit qualification: NA

{ii} if management is unable to estimate the impact, reasons for the same: The Company is

under Corporate Insolvency. Resolution Process since’ 21.12.2017 and is presently undergoing

CIRP in line with provision of the Insolvency and Bankruptcy Code, 2016. Since company has

not started the process of determination of value in-use, therefore value of impairment

cannot be assessed.

Audit Qualification (each audit qualification separately}:

a,

Gd

ee eR EER:

ake

Details of Audit Qualification: The Company was required to get the investment ( Rs. 56429.41

Lacs) at fair value but the same has not keen done by the company.

b. - Type of Audit Qualification : Qualified Opinion HK: ta

RRM

H x w si #

Regd. Office: Village Mohmmadpur, BPO - Nursinghpur Old Manesar Road,

Gurgaon Haryana.

a ‘Tal: +91-124-4749400

a

[ [ec Fregueney of quatinaation traci =—

a i o_FStAue Cuaiation(s whsre the ipa \ NA wat i &_ For Audit Quatiietion(s} where the impacn —

ot quantified bythe auton,

{0)_Management's estimation on the inn

audit quaifeations NA

um.

(i)_itmanagement is un ‘Under Corporate insoive GRP in tne with provie ‘ot started the prox

able to estimate the innpact, reasons for the same: The 0 6Y Resolution Pro 12 since 21.12.2017 an ke presently unde olvency and Bankruptcy Code, 20L6. Since company

has | 3 vale in use, therefore value of inipairment

akon iP re o002206- 17100 = Resolution Professionel Pisce: New bah | Bete Date: 28.05.2015