manrnptc business park
TRANSCRIPT
8 : LDated: 14.02.2020
Manrnptc
REGD,OFF.
HEAD OFF.
ADMIN OFF. :
The Manager- Listing
BSELimited
Floor 25, Phiroze Jeejeebhoy Towers,
Dalal Street,
Mumbai — 400001
Email: [email protected] Code: 526407
Ref: Disclosures‘ under Regulation 30 of the Securities and Exchange Board of India
(Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘Listing .
Regulations”)
Subject: Outcomes of Meeting of the Board of Directors (“Board”) of the Company for
approving Unaudited Quarterly Financial Results for the Quarter ended 31.12.2019
Dear Sir/Madam,
Pursuant to Regulation30, read with Part A of Schedule III, of Securities and Exchange Board
of India (Listing Obligations and Disclosure Requirements ) Regulations, 2015 (“Listing
Regulations”), we would like to inform that the Board,in its meeting held on February 14, 2020,
at 11/5B, First Floor, Pusa Road, New Delhi 110005, interalia approved the un-audited financial
results, on standalonebasis, of the Companyfor the quarter and nine months ended on December
31. 2019, (Financial Results”) and took on record the limited reviewreports issued by Statutory
Auditors of the Companythereon as recommendedbythe Audit Committee of the Board.
1) The Copies of Financial Results and Limited Review Reports are enclosed herewith as
“Annexure- A”.
2) To consider and approve the appointment of M/s. MZ & Associates, Practicing Company
Secretaries, as a Secretarial Auditor of the Company for the Financial Year 2019 - 20.
The Boagd Meeting commenced at 04:00 P.M. and Concluded at 06:30 P.M.
This is for your kind information and record.
Yours faithfully
For Ritesh Properties ustries Limited
Sif) || —y .
Toft Fe Kehe Oe oe \
(Tardndeep Kaur go | NEW DELHI
Company Secretaty\PN 7sSLAY™
~™~
Ritesh Properties and Industries Limited Newia = 11/5B, 1st Floor, Param To' Pu i
Email : [email protected] = CIN: L74899DL1987PLC027050 wer se fone venere® MOLLNS
Hampton Court Business Park =- NH-95, Ldh-Chd Road, Ludhiana 141He , fe - 12 - :
Email ; [email protected] = www.riteshindustries.us oe —————
Plot No,- 312 Udyog Vihar, Phase lV, Gurgaon - 122015 (HR). PH.:(0124) 4111582, 43695460, 4488945
BUSINESS PARK
8 : LDated: 14.02.2020
Manrnptc
REGD,OFF.
HEAD OFF.
ADMIN OFF. :
The Manager- Listing
BSELimited
Floor 25, Phiroze Jeejeebhoy Towers,
Dalal Street,
Mumbai — 400001
Email: [email protected] Code: 526407
Ref: Disclosures‘ under Regulation 30 of the Securities and Exchange Board of India
(Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘Listing .
Regulations”)
Subject: Outcomes of Meeting of the Board of Directors (“Board”) of the Company for
approving Unaudited Quarterly Financial Results for the Quarter ended 31.12.2019
Dear Sir/Madam,
Pursuant to Regulation30, read with Part A of Schedule III, of Securities and Exchange Board
of India (Listing Obligations and Disclosure Requirements ) Regulations, 2015 (“Listing
Regulations”), we would like to inform that the Board,in its meeting held on February 14, 2020,
at 11/5B, First Floor, Pusa Road, New Delhi 110005, interalia approved the un-audited financial
results, on standalonebasis, of the Companyfor the quarter and nine months ended on December
31. 2019, (Financial Results”) and took on record the limited reviewreports issued by Statutory
Auditors of the Companythereon as recommendedbythe Audit Committee of the Board.
1) The Copies of Financial Results and Limited Review Reports are enclosed herewith as
“Annexure- A”.
2) To consider and approve the appointment of M/s. MZ & Associates, Practicing Company
Secretaries, as a Secretarial Auditor of the Company for the Financial Year 2019 - 20.
The Boagd Meeting commenced at 04:00 P.M. and Concluded at 06:30 P.M.
This is for your kind information and record.
Yours faithfully
For Ritesh Properties ustries Limited
Sif) || —y .
Toft Fe Kehe Oe oe \
(Tardndeep Kaur go | NEW DELHI
Company Secretaty\PN 7sSLAY™
~™~
Ritesh Properties and Industries Limited Newia = 11/5B, 1st Floor, Param To' Pu i
Email : [email protected] = CIN: L74899DL1987PLC027050 wer se fone venere® MOLLNS
Hampton Court Business Park =- NH-95, Ldh-Chd Road, Ludhiana 141He , fe - 12 - :
Email ; [email protected] = www.riteshindustries.us oe —————
Plot No,- 312 Udyog Vihar, Phase lV, Gurgaon - 122015 (HR). PH.:(0124) 4111582, 43695460, 4488945
BUSINESS PARK
RITESH PROPERTIES AND INDUSTRIES LIMITEDREGD. OFF. 11/5B, PUSA ROAD, NEW DELHI
CIN: L74899DL1987PLC027050 Website : www.riteshindustries.usE-mail : [email protected] Contact No. -0161-2174104
STATEMENT OF STANOALONE UNAUDITED FINANCIAL RESULTS FOR THE QUARTER AND NINE MONTHS ENDED 31ST DECEMBER, 2019
Nine Months Nine Months
Quarter ended Quarter ended Quarter ended ended ended Year ended
Particulars 31,12,2019 30.09.2019 31.12.2018 31.12.2019 31.12.2018 31.03.2019
Unaudited Audited
Revenue
Income 06
amoruzation
B. (i) Items will be reclassified to or loss
i) Income tax to items that will be to tor loss
Total Comprehensive Income for the period (XUI+XIV) Comprising
Loss) and Other, Incomefor the
Place : New Delhi FOR RITESH PROPERTIES ANDDate : 14.02.2020
Arora) oDirector
Court BusinessPark,
LOH-CHD Road,
141123
RITESH PROPERTIES AND INDUSTRIES LIMITEDREGD. OFF. 11/5B, PUSA ROAD, NEW DELHI
CIN: L74899DL1987PLC027050 Website : www.riteshindustries.usE-mail : [email protected] Contact No. -0161-2174104
STATEMENT OF STANOALONE UNAUDITED FINANCIAL RESULTS FOR THE QUARTER AND NINE MONTHS ENDED 31ST DECEMBER, 2019
Nine Months Nine Months
Quarter ended Quarter ended Quarter ended ended ended Year ended
Particulars 31,12,2019 30.09.2019 31.12.2018 31.12.2019 31.12.2018 31.03.2019
Unaudited Audited
Revenue
Income 06
amoruzation
B. (i) Items will be reclassified to or loss
i) Income tax to items that will be to tor loss
Total Comprehensive Income for the period (XUI+XIV) Comprising
Loss) and Other, Incomefor the
Place : New Delhi FOR RITESH PROPERTIES ANDDate : 14.02.2020
Arora) oDirector
Court BusinessPark,
LOH-CHD Road,
141123
RITESH PROPERTIES AND INDUSTRIES LTD.
UNAUDITED
Other non-current
Regulatory deferral account debit balances and
Liabilities directly associated assets in
Regulatory deferral account credit balances and
Place : Gurgaon FOR RITESH PROPERTIES AND
Date + 14.02.2020
mmos ;
a
O| NEWDELHI)coo\
eos
&
RITESH PROPERTIES AND INDUSTRIES LTD.
UNAUDITED
Other non-current
Regulatory deferral account debit balances and
Liabilities directly associated assets in
Regulatory deferral account credit balances and
Place : Gurgaon FOR RITESH PROPERTIES AND
Date + 14.02.2020
mmos ;
a
O| NEWDELHI)coo\
eos
&
RITESHPROPERTIESANDINDUSTRIESLIMITED
REGD.OFF.11/58,PUSAROAD,NEWDELHI
CIN
:L74899DL1987PLC027050.
Website
:www.riteshindustries.us
:in
fo@r
ites
hind
ustr
ies.
usContactNo.
-0161-2174104
Sr.
Part
icular
ForQuarterended
Forperiod
ended
7|Forperiodended
No.
31.12.2019
31.1
2.20
197
31.03.2019
Unaudited
Unaudited
Audited
Net
Prof
itAfterTaxforthePeriod
/yearunderPr
evious
indian
GAAP
(135
.19)
(329.70)
91,34]
Adju
stme
nts:
IMPACTONACCOUNTSOF
IND-AS
NIL]
NIL
NIL
Net
profit
fortheperiod
asperIND-AS
——
91.3
4]
1ThecompanyhasadoptedIndian
AccountingStandards(I
NDAS
)no
tifi
edbytheMi
nist
ryof
CorporateAffairsfrom
Ist
April,
2017wi
ththetr
ansi
tion
aldateof
IstApril,2016and
acco
rdin
glythesefinancial
resu
lthavebeenpreparedin
accordancewi
ththeCompanies(IndianAccountingStandard
)Rules,
2015(IND-AS
)Prescribed
Under
Sec.
133of
the
CompaniesAct,
2013.
2AboveUnauditedresult
havebeenreviewedbyAuditCommitteeandwereconsideredandapprovedbytheBoardof
Dire
ctor
sat
thei
rMeetinghe
ldon14.02.2020.
3Aspe
rIndian
AccountingStandard108on‘O
pera
ting
Segment’(I
nd-A
S16
8),Segmentshavebeen
iden
tifi
edand
reposted
aftertaking
into
accountthedi
ffer
entrisksand
retu
rns,
theorganization
structureandthein
tern
alre
port
ing
yst
Theseare
orga
nize
dinto
thefollowing:
SegmentA-
RealEstateDivision
Segment
B-‘Textile
Divi
sion
SegmentC-
Investment.
Division
OPERTIESANDInpestfiesLIMITED
Place
:New
Delh
i
Date
:14.02.2020
RITESHPROPERTIESANDINDUSTRIESLIMITED
REGD.OFF.11/58,PUSAROAD,NEWDELHI
CIN
:L74899DL1987PLC027050.
Website
:www.riteshindustries.us
:in
fo@r
ites
hind
ustr
ies.
usContactNo.
-0161-2174104
Sr.
Part
icular
ForQuarterended
Forperiod
ended
7|Forperiodended
No.
31.12.2019
31.1
2.20
197
31.03.2019
Unaudited
Unaudited
Audited
Net
Prof
itAfterTaxforthePeriod
/yearunderPr
evious
indian
GAAP
(135
.19)
(329.70)
91,34]
Adju
stme
nts:
IMPACTONACCOUNTSOF
IND-AS
NIL]
NIL
NIL
Net
profit
fortheperiod
asperIND-AS
——
91.3
4]
1ThecompanyhasadoptedIndian
AccountingStandards(I
NDAS
)no
tifi
edbytheMi
nist
ryof
CorporateAffairsfrom
Ist
April,
2017wi
ththetr
ansi
tion
aldateof
IstApril,2016and
acco
rdin
glythesefinancial
resu
lthavebeenpreparedin
accordancewi
ththeCompanies(IndianAccountingStandard
)Rules,
2015(IND-AS
)Prescribed
Under
Sec.
133of
the
CompaniesAct,
2013.
2AboveUnauditedresult
havebeenreviewedbyAuditCommitteeandwereconsideredandapprovedbytheBoardof
Dire
ctor
sat
thei
rMeetinghe
ldon14.02.2020.
3Aspe
rIndian
AccountingStandard108on‘O
pera
ting
Segment’(I
nd-A
S16
8),Segmentshavebeen
iden
tifi
edand
reposted
aftertaking
into
accountthedi
ffer
entrisksand
retu
rns,
theorganization
structureandthein
tern
alre
port
ing
yst
Theseare
orga
nize
dinto
thefollowing:
SegmentA-
RealEstateDivision
Segment
B-‘Textile
Divi
sion
SegmentC-
Investment.
Division
OPERTIESANDInpestfiesLIMITED
Place
:New
Delh
i
Date
:14.02.2020
RITESH PROPERTIES AND INDUSTRIES LIMITED
CIN: L74899DL1987PLC027050 , Website ;- www,riteshindustries.us
E-mail: [email protected] , Contact Numbers ;- 0124-451063/64
SEGMENT REVENUE RESULTS AND CAPITAL EMPLOYED FOR THE QUARTER AND NINE MONTHS ENDED 31.12.2019
PARTICULARS Quarter Ended Half Year Ended
A 9
Half Year Ended
Revenue
Loss(-)before tax andinterest from Each (2.) Segment- A
) Segment- 8
Cc
‘otal
\) Finance Cost
income
before tax
Assest
2,) Segment- A
9.012,05
) Segment. 8 52 867.52) Segment--C 1 36 1 %‘ota! Segment Assest 11,190.93 11,190.93
Assests
Segment Assests190.93 11,190.93
Liabilities
) Segment- A
) Segment- B
.) Segment- C
Segment Liabilities
Liabilities
SegmentLiabilities
Segment A- Real Estate Division
Segment B- Textile DivisionSegment C- InvestmentDivision Ritesh Properties & Industries Limited
r
Place : New Dethi
Date ; 14.02.2020
‘Arora)
n-Cum-Managing Director
77748
RITESH PROPERTIES AND INDUSTRIES LIMITED
CIN: L74899DL1987PLC027050 , Website ;- www,riteshindustries.us
E-mail: [email protected] , Contact Numbers ;- 0124-451063/64
SEGMENT REVENUE RESULTS AND CAPITAL EMPLOYED FOR THE QUARTER AND NINE MONTHS ENDED 31.12.2019
PARTICULARS Quarter Ended Half Year Ended
A 9
Half Year Ended
Revenue
Loss(-)before tax andinterest from Each (2.) Segment- A
) Segment- 8
Cc
‘otal
\) Finance Cost
income
before tax
Assest
2,) Segment- A
9.012,05
) Segment. 8 52 867.52) Segment--C 1 36 1 %‘ota! Segment Assest 11,190.93 11,190.93
Assests
Segment Assests190.93 11,190.93
Liabilities
) Segment- A
) Segment- B
.) Segment- C
Segment Liabilities
Liabilities
SegmentLiabilities
Segment A- Real Estate Division
Segment B- Textile DivisionSegment C- InvestmentDivision Ritesh Properties & Industries Limited
r
Place : New Dethi
Date ; 14.02.2020
‘Arora)
n-Cum-Managing Director
77748
© fAINIVE AVA—
S.M. MATHUR & CO. A-16, Aruna Asaf Ali Marg,CHARTERED ACCOUNTANTS. Ch QutabInstitutionnal Area,
Next to Kamakshi Mandir
New Delhi-110067.
(M) 9999888769.
Reovanissasuzess zener ‘ Dated:
Limited Review Report
Independent Auditor’s Review Report on Standalone Unaudited Quarterly Financial Results of the Companypursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. &
The Board of Directors :|Ritesh Properties & Industries Limited
11/5B, Pusa Road,New Delhi -110005
We have reviewed the accompanying statement of Standalone Unaudited Financia! Results of Ritesh Properties &Industries Limited(“the Company”), for the quarterended 31“December,2019 ( the “Statement”) attachedherewith, being submitted by the Company pursuant to the requirement of Regulation 33 of SEBI (ListingObligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”) as amended.
This statement is the responsibility of the Company’s Management and has been approved by the Board ofDirectorswhich has been prepared in accordance with the recognition & measurement principles laid downin theindian Accounting Standard 34 “Interim Financial Reporting” (“Ind AS 34”), prescribed under Section 133 of theCompanies Act, 2013 read with relevant Rules issued thereunder and other accounting principles generallyaccepted in India. Our responsibility is to issue a report on these financial statements based on Our review.
We conducted our review in accordance with the Standard on Review Engagement(SRE) 2410, “Review of InterimFinancial information performed by the Independent Auditor of the Entity” issued by the Institute of CharteredAccountants ofIndia, This standard requires that we plan and perform the review to obtain moderate assurance asto whetherthe financial statements are free of material misstatement. A review is limited primarily to inquiries ofcompany personnel and analytical procedures applied to financial data and thus provides less assurance than anaudit. We have not performed an audit and accordingly, we do not express an audit opinion.
read with relevant rules issued thereunder and other recognized accounting Practices and policies, has notdisclosed the information required to be disclosed in terms of Regulation 33 of the SEBI (Listing Obligations andDisclosure Requirements) Regulations, 2015as modified by SEBI Circular No. CIR/CFD/FAC/62/2016 dated o5"" July,2016 including’the mannerin whichit is to be disclosed, or thatit contains any material misstatement.
For S.M. Mathur & CoChartered Accountants
Regd. No. 006588N
ye(S.M. Mathur)
Proprietor
M.No.013066UDIN NOx: 20013066AAAAAK1822
Place; New Delhi
Dated: 14.02.2020