A\ M: 9173398575

9825363594

A and M JUMBO BAGS LIMITED MFG. OF FIBC JUMBO BAGS

CIN: l25202GJ2011PLC065632

Block No.-100, Bhagwati Rice Mill, Opp. Hp Petrol Pump, Jetalpur, Daskroi Ahmedabad Ahmedabad Gj 382426 In E-mail: anmjumbobags@yahoo.com website: www.aandmjumbobags.com

Ref No.:

To, The Manager National Stock Exchange of India Ltd Exchange Plaza, 5th Floor, Plot No. C/ 1, G Block, Bandra Kurla Complex, Bandra (E) Mumbai- 400 051,

!SIN: INE749Y01014 NSE SYMBOL: AMJUMBO

Dear Sir/Ma'am SUB: Outcome of Board Meeting

Date:

DATE: 14/05/2019

Ref: Regulation 30 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015, this is to inform you that Board of Directors of the Company at their meeting held at registered office of the company on 14th May 2019, had taken following decisions;

l. Considered and approved Audited Financial Results for the half year and year ended 31.03.2019 along with Auditors Report.

2. Recommended to shareholders, increase in Authorised share capital of Company and alteration of clause V of memorandum of association of company pursuant to increase in authorised share capital;

3. Recommended Bonus issue in the ratio of 3 equity shares for every 1 equity shares held as on record date, subject to shareholder approval (Board shall intimate Record date in due course).

4. Considered and approved Director's report for the year ended on 31st March 2019.

5. Recommended remuneration of Mr. VARUN JIGNESHKUMAR SHAH (DIN: 07740874). Director of the company, for Financial Year 2019-20 subject to approval of Members at ensuing Annual General Meeting.

6. Recommended remuneration of Mr. BALWANTSINGH UJAGARSINGH PANNU (DIN: 08211395), Director of the company, for Financial Year 2019- 20 subject to approval of Members at ensuing Annual General Meeting

7. Considered and fixed the date of Eight Annual General Meeting on 20th June 2019 to be held at the registered office of the company and approved notice for the same.

8. The Board approved Book Closure from 15th June 2019 to 20th June 2019 (both days inclusive) for the purpose of Eight Annual General Meeting of the company.

The Board Meeting was started at 05:00 P.M. and concluded at� P.M.

Copy of Audited Financial statements and information of bonus issue is attached below.

Kindly consider for your information and records

Oate:14 /osl 2-o I�

�. ... PAREKH PAREKH & ASSOCIATES CHARTERED ACCOUNTANTS Head office: 9, Chetan Society, Near Sardar Society, Surendranagar - 363001. Branch: H/302, Titanium City Centre, Near Sachin tower, 100 feet Anandnagar road, Satellite, Ahmedabad - 380015.

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Auditor's Report On Half yearly Financial Results and year ended Results of the Company Pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

To Board of Directors of A & M Jumbo Bags Ltd.

We have audited the half yearly financial results of A & M Jumbo Bags Ltd for the half year ended 31/03/2019 and the Year ended results for the period 01/04/2018 To 31/03/2019, attached herewith, being submitted by the company pursuant to the requirement of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. These half yearly financial results as well as the year ended 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 Indian Accounting Standard for Interim Financial Reporting (Ind AS 34), prescribed, under Section 133 of the Companies Act, 2013 read with relevant rules issued there under; or by the Institute of Chartered Accountants of lndial, 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 about whether the financial results are free of material rnisstatement(s). An audit 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.

In our opinion and to the best of our information and according to the explanations given to us these half yearly financial results as well as the year ended results: (i} are presented in accordance with the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 in this regard; and (ii) give a true and fair view of the net profit and other financial information for the half year ended 31/03/2019 & as well as the year ended results for the period from 01/04/2018 to 31/03/2019

For, Parekh Parekh & Associates

FRN: 132988W

CA Sunny Parekh Partner M.No.-131188

Place: Ahmedabad IJate:14/05/2019

-------------------------------------------------------------------------------------------------------------------------------------------------- MOBILE NO - +91 98257 61041 E-MAIL ID - parekhparekhass@gmail.com

.. A & M JUMBO BAGS LTD. CIN,l[,5202GJ2011PLC065632

BALANCE SHEET AS AT 31ST MARCH 2019

o

(Ruoees in .... ) Ai at the end of As at the end of As at the end of

Particulars Note Current Reporting Current Reporting Prev..,. Reporting No. Period 31st Period 31st Period 31st

March,2019 March,2018 Much,2017 ASSETS,

(11 Non-Current Assets: Property, Plant and Equipment 1 41,732,238 2,148,585 2,325,741 Capital Work in Progress - - - Intangible Asset - - - Financial Assets {i) Investment - - - (ii) Trade Receivables 2 2,204,585 1,412,748. 2,381,654 (iii} Loans 3 96,650 497,050 27,150 (iv) Other Financial Asset 4 45,800,000 - - Deferred tax assets (Net) 53,992 55,001 17,157

Other non-current assets 5 - - - TOTAL NON CURRENT ASSETS 89,887,465 4,113,384 4,751,702

12) Current Assets: Inventories 6 20,338,885 11,193,558 4,513,618 Financial Assets

(i) Trade receivables 7 19,879,25]. 15,828,408 13,503,266 (ii) Investment 8 - - - (iii) Cash and cash equivalents 9 4,686,527 24,562,855 478,870 (iv) Bank Balance Other than (iii) above - - - (v) Loans and advances 10 - - 2,883,622 (vi) Other Financial Assets 11 2,613,929 1,919,730 231,017 Current Tax Asset (Net) 12 181,946 696,654 1,030 Other Current Asset 13 37,047,947 17,268,609 77,028

TOTAL CURRENT ASSETS 84,748,485 71,469,815 21,688,451

TOTAL ASSETS 174,635,949 75,583,199 26,440,153

EQUITY AND LIABILITIES:

[1) Egui!}'. Equity Share Capital 14 17,525,000 17,525,000 1,700,000 Other Equity 15 53,602,823 42,112,200 2,200,592

TOTAL EQUITY 71,127,823 59,637,200 3,900,592

(21 Non-current Liabilities: Financial Liabilities (i)Borrowings 16 72,424,051 - 6,522,265 (ii) Trade Payable 17 - -

Total 0/s Dues of MSME Total o/s Dues of other than MSME

(iii) Other Financial Liability - - . Provisions -· - - Deferred tax liabilities {Net) - - -

Other Non Current Liabilities - - - TOTAL NON CURRENT LIABILITY 72,424,051 - 6,522,265

[3) Current Liabilities: Financial Liabilities

(i) Borrowings 18 17,616,486 4,360,556 5,511,077 (ii) Trade Payables 19

Total 0/s Dues of MSME - - - Total o/s Dues of other than MSME 5,461,561 8,041,296 7,766,489

(iii) Other Financial Liability 20 1,180,000 - - Provisions 21 1,745,681 834,959 161,874

Current Tax Liabilities (Net) 4,733,219 1,380,355 1,204,837 Other Current Llabilities 22 347,128 1,328,834 1,373,019

TOTAL CURRENT LIABILITY 31,084,075 15,946,000 16,017,296

TOTAL EQUITY AND LIABILITIES 174,635,949 75,583,199 26,440,153 Significant Accounting Policies Notes Formintg Part of the Accounts

For and on behalf of the Board of Directors For, Parekh Parekh & Associa A & M JUMBO BAGS LTD, Chartered Accountants �J./

�IA P. fr=�O B,4�<-f-,� =,-w �,.� • s� � _,,-&, . :<{" 0

Sunny P, Parekh a; l'fiN r Zalak P, Pa,i�h ��

)� Varun J, Shah

Partner * 13;98. s Managing Director :E oatioO - Director M, No. 131188 '! 811, DIN, 06545622 ,0 �1\11\� (;:/ DIN: 07740874 Place: Ahmedabad \ "\� /_ Place: Ahmedabad ��<!> ;,- • �) Date: 141t15/2019 -...... , Date: 14/05/2019

·04c, I I f'{"

..

A & M JUMBO BAGS LTD. CIN:J.25202GJ2011PLC065632

STATEMENT OF PROFIT AND LOSS FOR THE YEAR ENDED 31ST MARCH, 2019 (Rupees in )

Particulars

As at the end of As at the end of Note Current Reporting Previous Reporting No. Period 31st Period 31st

March,2019 March,2018

79,342,279 61,539,477 1,152,206 119,979

80,494,485 61,659,456

50,619,585 36,465,272 - -

(8,517,889) (379,096)

14,723,655 9,882,102 2,066,251 645,559

792,327 562,108 4,611,208 9,644,393

64,295,136 56,820,337

16,199,348 4,839,119

25,503 - 16,224,851 4,839,119

4,733,219 1,380,355 (1,009) 37,844

11,490,623 3,496,608

- -

- - - - - - - - - -

11,490,623 3,496,608

6.6 2.0 6.6 2.0

33

25 26 27

28 29 30 31 .-���-'-'---'--'--+-���-""---'-"-'-I

23 24

XI Earning per Equity Share (EPS) Nominal Value per share Rs.10/­ Basic Earning Per Share Diluted Earning Per Share

VI Exceptional Items

V Profit/ (Loss) before exceptional items and taxes (III-IV)

VII Tax expense : Current Tax Deferred Tax

VIII Profit(loss) for the period continuing operations

IV Expenses (a) Cost of Material consumed (b) Purchase of stock-in-trade (c) Changes in inventories of finished goods,

Work-in-progress and stock-in-trade (d) Employee benefits expenses (d) Finance costs (d) Depreciation and amortization expenses (e) Other Expenses

IV Total Expenses

IX Profit from discontinuing operations

I Revenue from Operations II Other income III Total Revenue (!+II)

X Other comprehensive income (a) Items that will not be reclassified to profit or loss (b) Remeasurements of post employment benefit obligations (c) Income tax relating to above (d) Other comprehensive income for the year, net of tax Total comprehensive income for the year

Significant Accounting Policies Notes Forming Part of the Accounts For and on behalf of the Board of Directors

Sunny P. Parekh Partner M. No. 131188

For, Parekh Parekh & Associates • Chartered Accountants i1J,H & FRN: 132988W , <l\:' �

v.$' o<"' If. FRN 132988W �'

�Q. /:' f�llto

ACCO' ,.� � - 7

Place: Ahmedabad Date: 14/05/2019

A & M JUMBO BAGS LTD.

. ci£>AG� �<',, � ,,,. � . � \�,-1;.\�'b<:. ::= I- n - fo f_ f?vu /I<- /J _% � � 'I-"'""� c::, � �'°�e-' ';., A Zalak P. Parikh Varun J. Shah � 'r/ :# Managing Director Director

DIN: 06545622 DIN: 07740874

Place: Ahmedabad Date:14/05/2019

A & M JUMBO BAGS LTD CIN:\25202GJ2011PLC0656J2

BLOCK N0.·100, BHAGWATI RICE MILL, OPP. HP PETROL PUMP,JETALl'UR, OASKROI AHMEDABAD Ahmed;,,Nd GJ 382426 IN Stilndillone Audited Finilnciill Re,ults for the yur ended on Jlsl Much, 2019

Hill! Yeu Ended 31st Hill Ye;u Ended Hill Ye;u Ended On Ye;u Ended JlSt Ye;u Ended 31st SrN1 Pilttlcul;us September 2018 n Mmh, 2018 M.atth,2019 (Audited) Uniluditedl Audited\ Mudi, 2019 (Audited) Miltth, 2018(Audlted) 1 toccme From Operations

(a) Net sales/income from operatoin(net of I 36,742,039 42,600,240 34,m,414 79,342,279 61.539,4,77 (b) Other Operating Income 1,137,065 15,141 95,564 1,152,206 119,979

Tolill income Crom Ope:riltions (Nel) 37,879,104 42,615,381 34,872,.978 80,494,485 61,659,456 2 �

(a)Cosl of �laterlal Consumed 22,086,193 28.533,392 20,165,459 50,619,585 36,465,m (b)Pun:hase of stock In trade 0 0 0 0 0 (c)Ou,nge in Inventories of Finished gceds, (8,545,603) 21,n4 (975,610) (8,517,889) (379,<"6) (d)Emploree Benefit Expense 9,764,269 4,959,386 6,769,129 14,723,655 9,882,102 (e)Depreciation and Amortiution Expenses 496,273 296,054 281,054 792.327 562.108

(f)Other Expenses (Any item exceeding 10% of Uu: total expense relating to continuing opention lo be shown seper•tly. 564,948 4,0-16,260 6,�2,263 4,611,208 9,644,393

Totill Expe,ntt 24,366,()80 37,862,806 33,182,295 62,228,886 56,174,779 Profit/ (Loss) from operations before other income, fil\ilnce costs and exception.al

3 items (1-2) 13,513,024 4,752,575 1,690,683 18,265,599 5,484,678 4 Other Income 0 0 0 0 0

Prom/ {Loss) from ordinary activities before finance ccsts and exceptional iten1s

5 ()-t 4) 13,513,024 4,752,575 1,690,683 18,265,599 5,484,678 6 Finance Costs 2,066,251 0 275,859 2,066,251 645,559

Profil / (Loss) from ordll\ilry ilCtfvlties af�r fl Ni nee costs but before exceptional

7 items (5 - 6) 11,446,773 4,752.575 1,414,824 16,199,348 4,839,119 8 Exceptionill Items 25,503 0 0 25,503 0

Profit/ (Loss) from ordinary activities 9 before tax (7 • 8) 11,472,276 4,752.575 1,414,824 16,224,851 4,839,119

10 Tax expense: 3,415,863 1,318,365 411,788 4,734,228 1,342.511 Net Profit/ (Loss) from ordinary

11 activ1Uesaftertilx(9-10) 8,056,413 JA,34,210 1,1)00,036 11,490,623 3,496,608 Extraordinary items (net of tax expense

12 _Lakhs) 0 0 0 0 0

13 Net Profit/ {Loss) for the period (11-t 12) 8,056,413 JA,34,210 1,003,036 11,490,623 3,496,608 14 Share of Profit/ (loss) of associates • 0 0 0 0 0 IS Minority Interest• 0 0 0 0 0

Net Profit/ (Los,) ilfler taxes, minority interest and share of profit/ (loss) of

16 associates (13 + 14 + 15) • 8,056,413 3,434,210 1,003,036 11,490,623 3,496,608 Paid-up equity share c•plt.11 (Face vefue of the Share shall be ind kilted) face value Rs.

17 10/ share 17,525.000 17,525,000 17,525,000 17,525,000 17,525,000 Reserve excluding Rev;1lui1tiOn Reserves u per balance sheet of previous accounting

18 year 53,602.823 45.546,410 42.112.200 53,602.823 42.112.200

I Earnings Per Share (before extuordinary 19 Items) (of_/· each) (not annuallsed):

(a) Buk 4.60 1.96 0.57 6.56 200 (b) Oiluled 4.60 1.96 0.57 6.56 200

ii E.irnings Per Share (after extrilordinary Items) (of_/· eilch) (not annualised): (a) Basic 4.60 'l.96 0.57 6.56 200 (b) Dlluled •. 60 1.96 0.57 6.56 200 See ilccompanylng note to the Financial Results

Zalilk P. P.uikh

Plilce:: Ahmedab Dille: 14/05/2019

For .i,nd on behalf of the Board of Directors A &.MJUMBOBAGS LTD.

Man•glng 01.ttct DIN: 06545621 M. No. 131188

For, Puekh Puekh &: Assoclilt • OurtettdA«o=u•• // ,_ t.l<.H & ,. FRN, 132"3W :," � r "tS

1:$' C rr �, ll FRN 132988W ['

Place: Ahmedi1bi1d � Dilte:1�9 ¥h «_

l'!l!l!.. "<O 4crO' 1. l1le above result have been reviewedby ille audit committee and taken on record by board of di�;;;;itll�d<""�tive meeting held on 14/05/2019•nd the ume have been audited by peer reviewed aucuor of the company.

Sunny P. Puekh

'""'"'

2. Figures are regrouped/ re•n•nied, wherever consider necessuy. 3. Segment reporting is not applicable to company a� ii does not operilW multiple ser,n,ent.s. 4. The Figures of the half year ended on Jlsl March 2019 are the bal•nclng figures between Audited figures for the ye•r ended on 31st Milrch 2019

year lo date figures upto half year ended on September 2018.

.. . . . PAREKH PAREKH & ASSOCIATES CHARTERED ACCOUNTANTS Head office: 9, Chetan Society, Near Sardar Society, Surendranagar - 363001. Branch: H/302, Titanium City Centre, Near Sachin tower, 100 feet Anandnagar road, Satellite, Ahmedabad - 380015.

Form-A (for audit report with unmodified opinion)

1. 2.

3. 4.

Name of the company Annual financial statements for the year ended Type of Audit observation To be signed by-

• Manager Director

• CFO

• Auditor of the company

• Audit Committee Chairman

A and M Jumbo Bags Limited 31" March 2019

Unmodified

Zalak P. Parikh (DIN: 06545622)� P. f�

Husen S. Saraiya (PAN:EZWPS3524Q) \A.";, -"If"

A/

- Varun J. Shah ( DIN: 07740874)

�

------------------------------------------------------------------------------------------------------------------------------------------ - -- MOBILE NO - +91 98257 61041 E-MAIL ID - parekhparekhass@gmail.com

A\ M: 9173398575

9825363594

A and M JUMBO BAGS LIMITED MFG. OF FIBC JUMBO BAGS

CIN: IL25202GJ2011PLC065632

Block No.-100, s;agw1aU Rice Mill, Opp. Hp Petrol Pump, Jetalpur, Daskroi Ahmedabad Ahmedabad Gj 382426 In -rnai . anmJumbobags@yahoo.com website : www.aandmjumbobags.com

Ref No.:

To, The Manager National Stock Exchange of India Ltd • Exchange Plaza, 5th Floor, Plot No. C/ 1, G Block, Sandra Kurla Complex, Sandra (E) Mumbai- 400 051,

NSE SYMBOL: AMJUMBO !SIN: INE749Y01014

Dear Sir/Ma'am.

Date: DATE: 14/05/2019

Sub: Declaration regarding Auditor's report with unmodified opinion.

[pursuant to regulation 33 (3) [d] of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015)

Pursuant to regulation 33 (3) (d) of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015, we hereby declare and confirm that Statutory Auditors of the Company M/S. PAREKH PAREKH AND ASSOCIATES, Chartered Accountants (FRN 132988W) have issued Audit report in respect of Standalone Audited Financial Results for the half year and year ended on March 31, 2019 with unmodified opinion.

Kindly take the same on your records.

Thanking you,

ZALAK PURVESH PARI MANAGING DIRECTOR DIN:06545622

Details required for bonus issue pursuant to regulation 30 of SEBI (Listing Obligations & Disclosure Requirements) Regulation, 2015.

Whether Bonus is out of free reserves created The bonus equity shares will be issued out of out of profits or securities premium account or free reserves and/or the securities premium capital redemption account account of the company available as on 31st

March 2019. Bonus ratio 3:1 i.e 3 bonus equity shares of Rs. 10/- each for

every 1 equity shares held on record date. Board shall intimate Record date in due course

Details of Share Capital - pre and post bonus Pre-bonus issue paid up equity share capital as issue on 14th May 2019 is Rs. 1,75,25,000/- consisting

of 17,52,500 equity shares of Rs. 10/- each.

Post-bonus paid up equity share capital shall be Rs. 7,01,00,000/- consisting of 70,10,000 equity shares of Rs. 10/- each.

Free reserves or securities premium or capital Rs. S,25,75,000/- will be utilised for redemption reserves required for implementing implementation of bonus issue. bonus issue Free reserves or securities premium or capital Rs. 5,36,02,823/- consisting of free reserves, redemption reserve available for capitalization securities premium account as on 31st March and the date on which such balance is available 2019 Whether the aforesaid figures are audited Yes Estimated date by which such Bonus shares Within 60 days from the date of Board's

would be credited/dispatched approval, i.e. 13 July, 2019.