CHBERPEHRLAn ascendas IT Park

May 6, 2019

To,

The BSE Limited,

Phiroze Jeejeebhoy Towers

Dalal Street, Mumbai — 400001

Dear Sirs/ Madam,

Sub: Annual Audited Results — March 31, 2019

Ref: Scrip Code: 951891; ISIN: INE660H08047

Scrip Code: 953548; ISIN: INE660H08054

Company: Cyber Pearl Information Technology Park Private Limited

This is to inform you that the Board of Directors of the company has approved the audited financial

results for the year ended March 31, 2019.

Pursuant to Regulation 52 of SEBI (Listing Obligations and Disclosure Requirements)

Regulations, 2015, we are enclosing herewith, audited financial results forthe year ended March

31, 2019 including the information required under regulation 52 (4) together with the certificate

received from the debenture trustee.

Kindly take the same on record.

Yours faithfullyFor Cyber Pearl Information Technology Park Private Limited

{0de ”KL ‘5

Neha Singh

Company Se étary

Cyber Pearl Information Technology Park Pvt. Ltd.

The V, Admin Block, Mariner,Plot # 17,

Software Units Layout

Madhapur. Hyderabad. 500081

Telangana, India

Tel [91] 40 6628 5000

Regd Off: Unit No. 7&8. lst Floorl Pinnacle Building, International Tech Park, Fax (91] 40 6628 5001

CSIR Road. Taramani. Chennai. Tamil Nadu. India 600113. e-mail: hyderabadifiascendascom

CIN : U72900TN2002PTCO99624 Tel: [91141. 4225 6000 Fax: [91144 4225 6020 www.cyberpeart.in

CSBERPEHHLAn ascendas IT Park

May 06, 2019

To,

The BSE Limited,Phiroze Jeejeebhoy Towers

Dalal Street, Mumbai — 400001

Dear Sir,

Sub: Information required under Regulation 52 of Securities and Exchange Board of

India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

We refer to the provisions of Regulation 52(4) of Securities and Exchange Board of India

(Listing Obligations and Disclosure Requirements) Regulations, 2015. In respect of the same

please find enclosed the following information:-

1. The Credit rating in respect of NCD Series-I & II is ICRA-BBB+ (Stable). The rating was

upgraded to [lCRA]BBB+(StabIe) from [lCRA]BBB (Stable)

2. Debt-equity ratio — 1.45

3. The following are the details of previous and next due date for payment of interest and

principal on NCD.

Description Previous due Whether Next due date for Due date for

date for previous payment of payment °f

. . . pl'lnCIpalpayment of Interest paid or Interest

interest not

NCD Series-I 315‘ March, 2019* Paid 30th September, 2019* March 29, 2020

NCD Series -II 315‘ March, 2019* Paid 30th September, 2019* March 10, 2036

*The interest accrued till March 31, and September 30, is payable within 15 days from such date On half

yearly basis.

Net worth — Rs. 1143.19 Million

Debt Service Coverage Ratio — 1.73

Interest Service Coverage Ratio — 1.73

Debenture Redemption Reserve — Rs. 278.99 Million

Net profit/loss after tax — Rs.130.60 Million

Basic & Diluted Earnings per share (of Rs 10 each) — Rs. 7.1795”.“???Thanking you.

Yours faithfully,

For Cyber Pearl Information Technology Park Private Limited

Neha Singh ZS /

.

33$);CompanySecr ary I )39

Cyber Pearl Information Technology Park Pvt. Ltd.

The V, Admin Block, MarinenPlot # 17,

Software Units Layout

Madhapur, Hyderabad, 500081

Telangana, India

Tell91140 6628 5000

Regd Off: Unit No. 7&8, 1st Floor, Pinnacle Buildingl International Tech Park, Fax [91140 6628 5001

CSIR Road, Taramani, Chennai, Tamil Nadu, India 600113. e-mail: hyderabadldascendasxom

CIN : U72900TN2002PTCO99624 Tel: [91144 4225 6000 Fax: [91164 4225 6020 www.cyberpearl.in

CSBEHPEFIRLAn ascendas IT Park

May 6, 2019

The Secretary

BSE Limited,

Phiroze Jeejeebhoy Towers

DaIaI Street, Mumbai - 400001

Dear Sirs/ Madam,

Sub: Declaration pursuant to Regulation 52 (3)(a) of the Securities & Exchange Board of

India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Ref: Scrip Code: 951891; ISIN: INE660H08047

Scrip Code: 953548; ISIN: INE660H08054

Company: Cyber Pearl Information Technology Park Private Limited

DECLARATION

I, Tan Choon Slang, Director of Cyber Pearl Information Technology Park Private Limited

(CIN: U72900TN2002PT0099624) having its registered office at Unit No. 7 & 8,1St Floor, Pinnacle

Building, International Tech Park, CSIR Road, Taramani Chennai - 600113, hereby declares, the

Statutory Auditors of the company M/s. S R Batliboi & Associates, LLP, Chartered Accountants

(FRN: 101049W/E300004), have issued an Audit Report with unmodified opinion on the Audited

Financial Results of the company for the year ended March 31, 2019.

This declaration is given in compliance to Regulation 52(3)(a) of the SEBI (Listing Obligations

and Disclosure Requirements) Regulations, 2015 as amended by the SEBI (Listing Obligations

and Disclosure Requirements) (Amendment) Regulations, 2016 vide notification No.

SEBI/LAD/NRO/GN/2016-17/001 dated May 25, 2016 and Circular No. CIR/CFD/CMD/56/2016

dated May 27,2016.

Kindly take this declaration on your records.

Yours faithfullyFor Cyber Pearl Information Technology Park Private Limited

. _.".I",|1,k: .' -

LL

'

Tan Choon S(iangDirector

(DIN: 07914851)

Cyber Pearl Information Technology Park Pvt. Ltd.

The V, Admin Block, MarinenPlot # 17,

Software Units Layout

Madhapur, Hyderabad, 500081

Telangana, India

Tel [91] 40 6628 5000

Regd Off : Unit No. 7&8, 1st Floor. Pinnacle Building, International Tech Park. Fax [91] 40 6628 5001

CSIR Road, Taramani, Chennai. Tamil Nadu. India 600113. e-mail: hyderabadlfiascendascomCIN : U72900TN2002PTCO99624 Tel: [91144 4225 6000 Fax: [91144 4225 6020 www.cyberpearl.in

12th FIOOr5R. BATLIBOI & ASSOCIATES LLP t-UB CW- WW 3....

No. 24, Vitlal Mallya RoadChartered AccountantsBengaluru _ 560 001, India

Tel : +91 80 6648 9000

Independent Auditor’s Report On Standalone Financial Results Pursuant to the Regulation 52 ofthe

SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

To,The Board of Directors

Cyber Pearl Information Technology Park Private Limited

1. We have audited the accompanying statement of financial results of Cyber Pearl Information TechnologyPark Private Limited for the year ended March .31, 2019 (‘the‘ Statement’) attached herewith, beingsubmitted by the Company pursuant to the requirements. of Regulation 52 of the SEBI (Listing Obligationsand Disclosure Requirements) Regulations, 2015, read with SEBI Circular No. ClR/lMD/DFl/69/2016 dated

August. 10, 2016. This Statement has been prepared on the basis of the audited financial statements for yearended March 31, 2019', which is the responsibility of the Company's management and has been approved bythe Board of Directors. Our responsibility is to express an opinion on the Statement based on our audit offinancial statements, prepared in accordance with Indian Accounting Standards (“Ind AS”) specified underSection 133 of the Companies Act, 2013 (“the Act”) read with the Companies (Indian Accounting Standards)Rules, 2015 (as amended from time to time) and other accounting principles generally accepted in India.

2. We conducted our audit in accordance with the Standards on Auditing, issued by the Institute of CharteredAccountants of India. Those standards requires that we plan and perform the audit to obtain reasonableassurance as to whether the Statement is free of material misstatement.

5.13 An audit involves performing procedures to obtain sufficient audit evidences about the amount and

disclosures in the Statement. The procedures selected depend on the auditor’s judgement including the

assessment of material misstatement ot‘ the Statement, whether due to fraud or error. In making those risk

assessment, the auditor considers internal controls relevant to the Company’s preparation and fair presentationof the Statement in order to design audit procedures that are appropriate in the circumstances. An audit alsoincludes evaluating the appropriateness of the accounting policies used and the reasonableness of the

accounting estimates made by the Management, as well as evaluating the overall presentation of the

statement.

We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our

audit opinion.

4. In our opinion and to the best ofour information and according to the explanations given to us, the Statement:

i. is presented in accordance with the requirements of Regulation 52 ofthe SEBI (Listing Obligationsand Disclosure Requirements) Regulations, 2015, read with SEBI Circular No.CIR/IMD/DFl/69/2016 dated August 10, 2016; and

ii. gives a true and fair view of the total comprehensive income (comprising of net profit and other

comprehensive income) and other financial information ofthe Company for the year ended March

31, 20 l 9.

E ii. Balboa» 6 Assnnalcs LLP .1 l muted Llaollilv Parlnersnip with LLP ltlonll’lv No AM! 4295

Fiend CHICE- : 22. Cemat Slrcol, Blotk 'E" 3rd Floor, ltolkala Too 0115

SR. BATLIBOI &ASSOCIATES LLPChartered Accountants

5. We draw attention to note (c) to the statement, relating to. the accounting treatment adopted by the Companypursuant to a Scheme oi" Amalgamation approved by the Honourable High Court of Madras ("Court") and

other relevant regulatory authorities, whereby the Company in its financial statements had recognizedgoodwill and amortising the same over the remaining useful life of the buildings taken ever as per approvedscheme although different from that prescribed under Ind AS. Our opinion is not modified in respect of the

above matter.

6. The Statement includes the results of the half: year ended March 31., 2019, being the derived balancing figurebetWeen the audited figures in respect oflhe full financial year ended March 3 l

, 20l9 and the published yearto date figures upto the lial fyear ended September 30. 20 | 8. ofthe current financial year Which were subjectedto limited review by us}:

For S.R. BATLFBOI & ASSOCIATES LLPChartered Accountants

,

’lCAl Firm Registration Number: l01049W/E300'004

A (1:: rs h Ran ka

Partner

Membership Number; 209567

Place of Signature:- BengaluruDate: May 06, 2019.

CYBERPEARLlNI-‘ORMA'I'lDN

TECHNOLOGYPARK

PRIVATE1.1.111le

CorporateIdentificutlonNumber(CIN)1

U72900TN2002PTC099624

RegisteredOffice:Unitno.7

'&

8.

151

floor.PinnacleBuilding.lntemationalTechPark,CSIRRoad.Tmmani.Chennai,TamilNadu.

Statementofauditedflnanclalresultsforthehnlfyearand

yearendedMarch31.

2019

Rs.

in

millionunlessotherwisestated

Current6

Co‘rrespondtng6

Currentyear

Previousyear

monthsended1n

monthsended

theprevlousyear

ended

ended

31/03/2019

31/03/2013

31/03/2019

31/03/2018

[ReferNote:1

[ReferNote1;]

[Audited]

[Audited]

1.1ncome Revenuefromoperations

389.76

371.64

778.42

739.50

Otherincome

0.20

(0.26)

0.28

0.94

Financeincome

16.90

1

1.03

29.11

17.73

TotalIncome

406.86

382.4]

807.81

758.17

2.

Expenses Employeebenefits

expense

3.27

2.90

5.07

4.10

Depreciationandamortisation

expense

98.90

100.59

199.31

204.00

Fimncecosts

113.21

154.81

229.48

316.88

Repairsandmainteinance

41.30

39.25

75.43

75.61

Otherexpenses

'

67.89

72.65

131.13

13.5

a?

Totalexpenses

319.57

370.20

640.47

737.06

3.Profir/

(loss)fromoperatlonsbeforeexception-lItems(1

-

2)

87.29

12.21

167.34

21.11

4.

Exceptionalitems

-

5.Profit/

(loss)from

operationsbeforetax(3

-

4)

87.29

12.21

167.34

21.11

6.

Taxexpenses

Currenttax

20.08

(1.63}

36.47

4.47

Adjustmentoftaxrelatingto

earlierperiods

-

4.00

-

4.00

MATcreditentitlement

(20.08)

(2.37)

(36.47)

(4.47)

Defenedtax

charge/(credit)

5.78

(4.421

36.74

24.12

Totaltax

5.78

(4.42)

36.74

28.12

7.

Profit/

(loss)aftertax

(5

-

6)

81.51

16.63

130.60

(7.01)

8.

Othercomprehensiveincome/

(loss)

9.

Totalcomprehensiveincome/

(loss)(7

+

B)

81.51

16.63

130.60

(7.01)

Paid-upequityShirl:capital(18.121448equityslatesof

115.10each»

182.23

182.23

182.23

182.23

Paid-updebtcapital2065RedeemableUnsecured

Non-ConvertibleDebenturesof

13.1

millioneach(refernote(b)

below)

1,657.49

1.657.49

1.657.49

1,657.49

Reservesandsurplus(includedunderotherequityas

perbalancesheetofpreviousaccountingyear)

83036

chcnturcRedemptionReserve

278.99

208.42

278.99

208.42

EarningPerShare(EPS)of115.10each(Rs.)(notannualised)

Basic

4.47

0.92

7.17

(0.33)

Diluted

4.47

0.92

7.17

DebtEquityRatio{refernot:

(1)

below)

1.45

1.64

1.45

DebtServiceCoverageRatio(refernote(1)

below)

1.77

1.08

1.73

interestServiceCoverageRatio[refernote(9')

below)

1.77

1.08

1.73

See

nccompenymemmto

the

lint-matrel-tilts

[FORIDEsi'r'iFicL-JIFJN

PURPOSESONLY

S.R.

Batliboi8t

AssociatesLLP

BENGALUFEU

Statementof

assetsanrl

liabilities

Rs

in

millionunlessextremist:stated

at:

at

3|]03fl019’ {Audit-ed]

As

at

31/03/2018 [Audited]

ASSETS .Noncurrentassets

Propertyplantand

equipment

Investmentproperty

Capitalworkin

progress

Goodwill Deferredtax

assets

Cun'emtax

assets(mt)

Othernon—currentassets

Currentuse:

Inventories Financialassets

Tradereceivables

Cashandcashequivalents

Bankbalancesotherthancashandcashequivalents

Otherfinancials

assets

Othercurrent

assets

Totalassets

EQUITYandLIABILITIES

Equlty Equitysharecapital

Otherequity

Totalequlty

Liabilities Nuncurrent

llabllltlrs

1

Financialliabilities

Borrowings Otherlimr‘tcialliabilities

3

Deferredrevenue

Deferredtax

liabilities(net)

Provisions Financialliabilities

Tradepayables

Totaloutstandingduesofmieroenterprisesandsmallenterprises

Totaloutstandingduesofcreditorsother

thanmieroenterprisesand

smallurterprises

Otherfinancialliabilities

Deferredrevenue

Provisions Othercurrent

liabilities

Totalequityandliabilities

1.911,753.39 23,91 764.46 249.74 104.53 8155 2,995.49

5.88 6.64 92.47 175.00 32.94 2299 335.92 3,331.41 182.23 830.36

332.49 110.51 1?}? 2.43.71 ‘0

09

1.01259 1,557.49 84.23 22.34 207.16 0.05

104.49 67.43 1,684.46 11.91 0.23 15.91

1.971.}? 53.22 268.30 10.21

1,774.94 3522.62

Ru:

stemmingnotesto

the

fitmentremit:

AFFF

allu

FORturn:1

INLAItum

r’uRruoHu“...

S.R.Batlibol8L

AssociatesLLP

BENGALURU

NOTES:

CL

at

Theabovefinancialresultsfor

the

halfyearandyear

endedMarch3]

,

2019havebeenreviewedfl

approvedby

BoardofDirectorsat

its

meetingheldon

May6.

2019.

I

b)

Duringthe

yearendedMarch31.

2015.the

Companyhad

issued1.325redeemableuroecurednon-convertibledebentures(‘debenture1‘)

series1

of

115.1

millioneachaggregatingto

£11,325millionwhi

can}:an

interesttaleof

19%perannum

payablehalfyearly.Theten-nofeachdebenture1

shallbe

5

years.howeverthe

companyhasan

optionto

redeemthe

debenturesat

anytimebeforethe

expiryoftermofti

years.Thedebenture1

havebeenlisted

on

8513Limited(‘BSE‘)on

April08.

2015.

Dunn-H.the

yearendedMarch31.2016.the

Companyhas

issued740redeemableunsecurednonconver‘tibledebenturesofRs]

millioneachset-in2

(“debenture2").partlypaidup

ofRs.0.14millioneachon

11.

2016aggregatingto

Rs.102149millionwhich

carryan

interestrateof

19%perannum

payablehalfyearly.Theterm

ofeachdebenture2

shallbe

twentyyears.

howeverthe

Companyinsan

optionto

redeemI]

debenturesat

anytimebeforethe

expiryoftermoftwentyyears.

Thedebenture2

hasbeenlistedon

ESELimited(.‘BSE')on

March21.

2016.

Duringthe

yearendedMarch31.

2017,the

paidup

valueof

tie

debentureshas

increasedfromR5014millionto

13.0.45millionper

debenture.pursuantto

the

receiptof

115.230millionas‘additionalfirstall

subscriptionson

740

redeemableunsecured

non-convertibledebenturesofR5,]

millioneachseries2

("debenture2']on

May31.2016.

Duringtheyear

endedMarch31,

2018.theCompanyhas

resetthe

rateofinterestfrom19%pa

to

13.65%pa

withel‘l'ectfromApril1.

2018on

bothseriesofdebentureswiththe

approvalofdebennrre

trusteesand

:debentureholders.

c:

OnJune30.201S,

pursuantto

the

approvalofthe

SchemeofAmalgamationbetweentheCompanyand

Ascendas11‘

$151.(ChennaDPrivateLimitedand

theirrespectivestoreholdersand

creditors("the

scheme'

try

HonourableHighCourtofMadras("Court")on

30thJune2015,Ascendu'1T

SH(Chennai)PrivateLimitedhasamalgamatedwiththe

Companywitheffectfi'omMarch31'.

2015(‘theAppointedDate').The

HighCourtorder

wasfiledwiththe

RegistrarofCompanieson

10thAugust2015(the“Efl'ectivedate")In

accordancewiththe

scheme.all

theassetsand

liabilitieshavebeenrecordedat

bookvaluesin

thebooks

atthe

Company.Thedifferencebetweenthe

totalnetassets

takenoverandthe

bookvalueofinvestmentsheldinAlTSEZas

at

April1.

2015had

beenrecognizedas

Goodwillin

books.Goodwillis

amortizedover

a

periodof

22

yearswhich

representsthe

remainingusefullife

ofthe

buildingstakenwin

Thisaccounting.althoughdifferentfromthat

prescribedunderthe

IndianAccountingStandards.the

samehas

been

sprintedby

the

CourLThe

statutoryauditorslovegivenan

emphasisofmatterin

thisregardin

theiraudit

report.

d)

Basedon

the

internalreportingto

chiefoperatingdecisionmaker.the

financialresultsrelatesto

businessof

developing.operatingand

maintainingindustrialparksand

incidentalacitivin'esas

the

onlyone

seamenofthe

Companyandhencedisclosinginformationasper

therequirrneanof1nd

AS

108

'OperatingSegmentsis

notappliuble.

at

The

figuresfor

the

halfyear

endedMarch31.

2019and

March31.

20111

are

the

balancingfiguresbetweenauditedfiguresin

respectof

the

Full

financialyear

end

March31.

2019

and

March31.

2018

respectivelyand

the

un-auditedpublished

yearto

datefiguresupto

September30.

2018and

September30,

2017respectively.which

weresubjectedto

a

limitedreview.

I'J

Assumptionsto

financialratios

(1')

DebtEquityratio

=

Paidup

debtcapital/

Equity(Networth)

Equity(Networth)=

Equitysharecapital+

Reservesandsurplus(includingcapitalredemption

reserve+

debentureredemptionreserve)

(ii)

DebtServiceCoverageRatio(DSCR),.

Profitor

lossbeforefinancecostand

tax

expense/

(financecost+

principalrepayment)

Noneofthe

debenturesare

dueforredemptionduringthe

yearandhencethe

principalrepaymentamount

has

beenconsideredas

Nil

forthe

computationofDSCRforthe

currentperiod.

(iii)

InterestServiceCoverageRatio(ISCR)-

Profitor

lossbeforefinancecost

andtaxexpenseI

financecost

3)

Theabovefinancialresults

are

alsoavailableon

thestockexchangewebsitewwwhseindiuon't

ti}

Figuresof

the

previousperiods'/

years‘wherever

necessary.havebeenregrouped/reclassifiedto

conformto

thecurrent

periodsclassification]presentation

77

P1

:8

'

A

.

03::Mzmzo'sohl

Tom

ChowSm

Biurr’ma'

FORID

ENTIFlCATiCIN

PURPOSES.ONLY

SR.BatliboiBL

AssociatesLLPA

BENGALURU

IDBI Trusteeship Services Ltd

CIN : U65991MH2001601131154 ® IDBI trustee

l427/ITSL/OPR/2019-206'“ May, 2019.

To,

Cyber Pearl Information technology Park Private Limited!

Unit no. 7 8. 8,lst Floor.

Pinnacle Building, lnternatiOnat Tech Park.

CSlR Road, Taramani.

Chennai ‘ 600113

K155! Attn.; Ms. Neha 51mm

Dear Madam.

RehR lot 2 of EB} Listi Obit i L l tasur R ulre nls latio 21 -

Submtssi not an lied Ye z Res its heC m anA

We are acting in capacity of Debenture Trustee for Non-Convertible Debentures i55ued by Cyber

Peart Information technology Park Private Limited ("theiCompany"l.

With reference to the above, we are in receipt at your email dated 6'h May. 2019 for submission

or audited yearly Financial Results to the Stock Exchange.

Pursuant to' Regulation 52(5) of Securities and Exct‘iange Board of India (Listing Obligation &

Disclosure Requirements), Regulations, 2015, "We hereby; carting mgr we have taken note of the

content; or the limited regiew reggrts, submitted to us by the comganx under; Regulation £2 [42 of

geggfitigs and Exchonqe Board 0 did i tin li a l. D' losu irement

Regulations. 2915 for the rear ended March 31. 2019”.

Thanking Yo U,

Yours Foilhfully.For [03! Trusteeship Services Limited.

__,_,__‘.\

C- .4._‘

aai__ .

I ._u',:\with ,

Authorised Signatory. __:_..-'

Regd. Office : Asian Building Ground Floor, 17 R Kamani Marg Ballard Estate M'

.

, ,. , ,

umbal - 400 001.

Tel. . 022—4080 7000 - Fax : 022—6631 1776 - Email : itsl@idbitrustee.com - response@idbitrustee.comWebsite : www.idbltrustee.com