To
Department of Corporate Services,
Bombay Stock Exchange Limited
P. 3 . Towers, Dalal Street,
Mumbai
Respected Sir,
W ~ t hreference to the captioned subject, please find attached herew~ththe
Unaudited Financial Result of the company for the Quarter ended on 31'
December, 2015 along with Lim~tedReview Report of Aud~tors.
K~ndlytake the above on your record and oblige.
Thank~ngyou,
Your Faithfully,
Ashish M. Shah
Managing Director
DIN : 03129204
Encl. As above
b) Non-Encumbered
-Number of Shares
Percentage ofshares (as a % of the total shareholdlng o f
promter and promoter goup)
Percentage of Shares (as a % o f the total share cap~talof the
Company)
134,600 00
134,600 00
134,600 00
134,600 00
174 600 00
134,600 00
100 w/o
100 O W
100 00%
100 00%
100 00%
1 00 0094
2 94%
2 94%
2 94%
2 94%
2 94%
2 94%
NOTES:1) The above results have been rewewed by the Aud~tComm~neeand taken on rcxord by the Board of D~rectorsal the~rmeetlng held on 13th February, 2016
2) Prevtous Year I Per~odsfigures have been regrouped I rearranged to the extent necessary
3) Aud~tor'shabe carried out " L ~ m ~ t eKev~ew"
d
for the financ~alresults for the quarter ended 3 1st December, 2015
Particulan
I INVESTOR C O M P L A I N T S
Pendlng at the beglnnlng o f the quarter
Received dur~ngthe quarter
D l s p o d ddurlng the quarter
Rerna~n~ng
unresolved at the end o f the quarter
QUARTER ENDED
31-12-201s
NIL
NIL
NIL
NIL
Fo6 PADMANABH INDUSTRIES LIMITED
(Nilrhem lnduslria limite
Ashish Shah
Mnnnging Director
DIN: 03129204
Annexure VII
Auditor's Report on Ouarterly Financial Results and Year to Date Results of the Company Pursuant to the
Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
We have Audited the quarterly financial Results of Padmanabh Industries Limited (Formerly known
as Nilchem Industries Limited) for the quarter ended 3 1" December, 2015 and the year to date results
for the period 1" April, 2015 to 3 lStDecember, 20 15, attached herewith, being submitted by the company
pursuant to the requirement of Regulation 33 of the SEBI (Listing Obligation and Disclosure
Requirements) Regulations, 2015. These Quarterly financial results as well as the year to date financial
results have been prepared on the basis of the interim financial statements, which are the responsibility of
the company's management. Our responsibility is to express an opinion on these financial results based
on our audit of such interim financial statements, which have been prepared in accordance with the
recognition and measurement principles laid down in Accounting Standards for Interim Financial
Reporting (AS 251 Ind AS 34), prescribed, under section 133 of the Companies act, 2013 read with
relevant rules issued thereunder; or by the Institute of Chartered Accountant of India, as applicable and
other accounting principles generally accepted in India.
We conducted our audit in accordance with the auditing standards generally accepted in India. Those
standards require that we plan and perform the audit to obtain reasonable assurance whether the financial
results are free of material misstatement(s). An audit also includes examining, on a test basis, evidence
supporting the amounts disclosed as financial results. An audit also includes assessing the accounting
principles used and significant estimates made by management. We believe that our audit provides a
reasonable basis for our opinion.
L.
In our opinion and to the best of our information and according to the explanation given to us these
quarterly financial results as well as the year to date results:
(i) are presented in accordance with the requirements of Regulation 33 of the SEBI (Listing Obligations
and Disclosure Requirements) Regulations, 20 15 in this regard; and
(ii) give a true and fair view of the net profit/loss and other financial information for the quarter ended
31" December, 2015 as well as the year to date results for the period from lSt April, 2015 to 31St
December 20 15.
Date : 13h February, 20 16
Place : Ahmedabad
'
We conducted our review in accordance with the Standard on Review Engagement (SRE) 2400,
Engagement to Review Financial Statements issued by the Institute of Chartered Accountants Of
India. This Standard requires that we plan and perform the review to obtain moderate assurance
as to whether the financial statements are free of material misstatement. A review is limited
primarily to inquiries of company personnel and analytical procedures applied to financial data
and thus provides less assurance than an audit. We have not performed an audit and accordingly,
we do not express an audit opinion.
Based on our review conducted as above, nothing has come to our attention that causes us to
believe that the accompanying statement of unaudited financial results prepared in accordance
with applicable accounting other recognised accounting practices and policies has not disclosed
the information required to disclosed in terms of Regulation 33 of the SEBI ( Listing Obligations
and Disclosure Requirements) Regulations, 2015 including the manner in which it is to be
disclosed, or that it contains any material misstatement.
Date : 13thFebruary, 20 16
Place : Ahmedabad
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