Informed Technologies India Ltd. — Regulatory Filings 2020

Jul 31, 2020

INFORMED TECHNOLOGIES INDIA LIMITED

CIN L99999MH1958PLC011001

| Regd. Office: ‘Nirmal’, 20[th] Floor, Nariman Point, Mumbai - 400021| | Tel# +91 22 2202 3055/66 | Fax# +91 22 2204 3162 |

| Email: itil_investor@informed-tech.com | Website: www.informed-tech.com |

Date: July 31, 2020

To, Bombay Stock Exchange Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai[_] 400 001

Dear Sir,

SCRIP CODE: - 504810

Sub: Impact of Covid-19 Pandemic on Operation and Performance of the Company.

Dear Sir/Madam,

Pursuant Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015 read with SEBI Circular No. SEBI/HO/CMD1/ CIR/P/2020/84 dated May 20, 2020; we are herewith submitting the disclosure of material impact of COVID-19 pandemic on the operations and performance of the Company.

Disclosure of material impact of COVID-19 is as follows:

1. Impact on business:

The lockdowns and restrictions imposed by Central/ State Governments and various local governments in the countries where the Company’s operates, due to COVID-19 Pandemic, have posed many challenges to the operations of the Company. However, the Company has been successful in enabling and facilitating most of its employees to work from home to continue servicing its clients. Hence, COVID-19 pandemic has had a minimum impact on the operations of the company.

Further, the total revenue of the company will be impacted due to the impact on non – operational income (other income) of the company.

2. Ability to maintain operations including the factories/units/office spaces functioning and close down:

As informed earlier, as the Company’s nature of operations is Business Process Outsourcing, the Company has successfully ensured that most of the employees service our clients by working from home. The Company has managed to secure the consent of its clients to service them through work from home model by Company’s employees. The Company continues to encourage its employees to work from home till the resumption of complete normalcy. Further, the Company is advising its employees to take requisite precautionary measures as regards to their health and safety announced by the Government.

3. Steps taken to ensure smooth functioning of operations:

The Company has taken all necessary steps to adhere to the guideline for social distancing with various directives issued by the Central/State Government and has put safety measures which include: – Sanitization of Premises, Enforcing wearing of masks and Hand sanitizer at entry point, etc. Thus, any employees who need to come to office they have to follow all the rules and regulations. The company is providing transport facilities and employees have to follow social distancing and all other safety measures at all times.

INFORMED TECHNOLOGIES INDIA LIMITED

CIN L99999MH1958PLC011001

| Regd. Office: ‘Nirmal’, 20[th] Floor, Nariman Point, Mumbai - 400021| | Tel# +91 22 2202 3055/66 | Fax# +91 22 2204 3162 |

| Email: itil_investor@informed-tech.com | Website: www.informed-tech.com |

4. Estimation of the future impact of COVID-19 on its operations:

Due to the unpredictable nature of the situation, it is very early & difficult to assess the actual future impact of COVID-19 with reasonable certainty. With the opening of domestic markets post lockdown, we expect business to improve gradually in the coming months.

5. Details of impact of COVID-19 on Company:

• Capital and financial resources - The Company has adequate capital and financial resources to meet its business requirements.

• Profitability - Profitability for the Quarter 1 (April, 2020 to June, 2020) FY21 is expected to be affected. It is expected to improve in the coming months.

• Liquidity Position - The Company has conserved resources and is comfortable to maintain its liquidity position.

• Ability to service debt and other financing arrangements - The Company has Secured Loan from Bank and not availed any moratorium.

• Internal Financial Reporting and control - The Company has adequate internal financial reporting and control system.

• Demand for Products/Services - There is temporary reduction in demand due to lockdown, which the Company expects to improve from the 3[rd] quarter of the year.

6. Existing contracts/agreements where non-fulfillment of the obligations by any party will have significant impact on the listed entity’s business:

The Company does not have such contract which has significant impact on the company.

7. Other relevant material updates about the listed entity’s business:

The Company has been regularly updating the Bombay Stock Exchanges about any material impact on its business.

This update is dynamic and may change as the situation changes. The Company will provide an update on the situation in case of any major change.

We request you to take the same on your record.

Thanking You, Yours faithfully,

For M/s. Informed Technologies India Limited

REENA S Digitally signed by REENA S YADAV YADAV Date: 2020.07.31 16:58:13 +05'30'

Reena Yadav Company Secretary & Compliance Officer (Membership No. A36429)