Revised Financial Results As On March 31, 2017 As Per The Format Prescribed In Schedule III Of The Companies Act, 2013.

• Security Code: 501700
• Company: INDIANVSH

Further to our letter dated May 30, 2017 we would like to state that we had submitted earlier the Audited Financial Results for the year ended March 31, 2017 inadvertently in the old format as prescribed in Regulation 33 of SEBI (LODR), 2015.

We would like to submit as under:

1. Annual Audited Financial Results (Standalone & Consolidated) for the quarter
and year ended March 31, 2017 in Revised Format as per Schedule III of
Companies Act, 2013 (Ref.- SEBI Circular dated July 5, 2016);

2. Auditors Report on the Audited Financial Results (Standalone & Consolidated)
issued by the Statutory Auditors M/s CLB & Associates; and

3. Statement of Impact of Audit Qualification on Consolidated Financial Statements
for the year ended March 31, 2017.

We do hereby further declare and confirm that, M/s CLB & Associates, Statutory Auditors of the Company have issued Audit Report with unmodified opinion on Standalone Audited Financial Results of the Company for quarter and year ended March 31, 2017. This declaration is furnished pursuant to SEBI Circular No. CIR/CFD/CMD/56/2016 dated May 27, 2016.