Financial Results For The Year Ended March 31, 2017

• Security Code: 539289
• Company: AURUM

Dear Sir(s)/Ma'am, Sub: - Outcome of the proceedings of the Board Meeting held on May 9, 2017. With reference to above on captioned subject, we wish to inform you that the Board of Directors at their meeting held today i.e. May 9, 2017 considered and approved the following: 1. Consolidated and Stand-alone Un-Audited Financial Statements for the quarter ended March 31, 2017 and Consolidated and Stand-alone Audited Financial Statements for the year ended March 31, 2017 and recommended to Shareholders for their adoption at the ensuing Annual General Meeting. In terms of SEBI Circular CIR/CFD/CMD/56/2016 dated May 27, 2016, the Statutory Auditors of the Company viz. M/s Varma and Varma, Chartered Accountants have issued an Unmodified Audit Report on Consolidated and Standalone Financial Statements of the Company for the financial year ended March 31, 2017. Please find enclosed a copy of the said Consolidated and Stand-alone Audited Financial Results for the financial year ended March 31, 2017 along with the Auditors' Report, Press Release, and Chief Financial Officer's Declaration in respect of Unmodified opinion on Audited Financial Statement for the financial year ended March 31, 2017 2. Dates of Book Closure for holding Annual General Meeting were fixed as July 29, 2017 to August 4, 2017 (both days inclusive). Annual General Meeting was decided to be held on August 4, 2017. 3. Proposed re-appointment of Mr. Radhakrishnan Sundar, as Executive Director subject to retirement by rotation. 4. Ratified appointment of M/s. Varma & Varma, Chartered Accountants (Firm Registration No. 004532S), as Auditors of the Company under Section 139 of the Companies Act, 2013 for the financial Year 2017-18. 5. Appointed M/s Suresh Surana & Associates, Chartered Accountants LLP, as Internal Auditors of the Company for the financial year 2017-2018. 6. Appointed M/s. Abhishek Bhate & Co, Company Secretary in Practice, as Secretarial Auditor of the Company for the Financial Year 2017-18. 7. Appointed M/s. Abhishek Bhate & Co., Company Secretary in Practice as Scrutinizer for the E-voting at the forthcoming Annual General Meeting. Please find a copy of the said Consolidated and Stand-alone Audited Financial Statements for the year ended March 31, 2017 along with the press release, acknowledge the receipt and take the same on record. The Board meeting started at 11.00 A.M. and concluded at 3.00 P.M. Thanking you Yours Truly For MAJESCO LIMITED Nishant S. Shirke Company Secretary Encl: - As above. Majesco Ltd