Aplab Ltd. — Regulatory Filings 2020

Jun 1, 2020

SEC:APL:RKD:101720:20

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June 01, 2020

BSE Limited Corporate Relationship Department 25[th] Floor, Phiroze Jeejeebhoy Towers Dalal Street, F ort Mumbai – 400 001

Dear Sir

Sub: Request for Extension of Date of Holding Board Meeting subsequent to Intimation under Reg. 30 of LODR for temporary closure of factory and offices in the wake of Corona virus (Covid-19) outbreak

Scrip Code: 517096 – APLAB LIMITED

We wish to bring to your kind attention certain facts with reference to the continued Lockdown since 19[th] March, 2020 till now:

1. On the evening of 18[th] March, 2020 suddenly our office and production departments were shut down pursuant to the emergency orders from the Government in this regard.

2. Our registered office and factory operations have been completely stopped till now.

3. We are situated at A-5, Wagle Industrial Estate Thane, 400604. This area is considered as Hot Spot due to the prevalence of many patients suffering from Corona virus.

4. Our 9 months results ended on December, 2019 were announced on 12[th] February, 2020 with statutory auditors report thereon.

5. Unfortunately due to sudden demise of a senior person in Accounts Department Late Mr. Avinash Bhatkar in the month of February, 2020 situation has worsened further. A new staff member was appointed on 18[th] March 2020 however immediately thereafter this lockdown was started. Lot of Data entry is pending to be completed in ERP for Quarter IV.

6. On restarting the operations process of yearend Stock Taking and their valuation has to be undertaken and thereafter same needs to be posted in ERP.

7. Physical verification of assets, cash balances, yearend balance certificates from banks and Bank reconciliations thereof need to be undertaken.

8. Audit of entire last quarter January 2020 to March 2020 and Secretarial Audit along with yearend matters is pending on this date.

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In view of above difficulties, we feel that completing all activities and holding Board Meeting before 30[th] June 2020 to approve Audited Results for the year 2019-20 is not possible.

We hereby submit for your approval our request to hold the Board Meeting before 31[st] August, 2020 for approving the Results for the financial year 20192020 and also before 31[st] December, 2020 for approving the results for the 1[st] Quarter ending on 30[th] June, 2020.

Kindly take our request on records and give us your guidelines in these regards.

Thanking you,

Yours faithfully, For Aplab Limited

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Rajesh K. Deherkar Company Secretary & Finance Controller