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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: [email protected], 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