-.. STEEL CITY SECURITIES LIMITED(CIN : L67120AP1995PI.C019521)

AN ISO 9001 : 2015 CERTIFIED COMPANY

MEMBER OF NSE, BSE & MSEICAPITAL MARKET, EQUITY DERIVATIVES & CURRENCY DERIVATIVES SEGMENTSSEBI Regd Nos. INB 230806132, INB 010806132. INB 260806139, INF 230806132

INF 011156438, INF 260806139, INE 230806132, INE 260806132

POINT OF PRESENCE OF NSDL·CRADEPOSITORY PARTICIPANT (DP) OF

NSDL & CDSL:SEBI Permanent Regd. No. IN-DP-231-2016

SCSl/NSE/liST/2019-20/8To,National Stock Exchange of India LimitedExchange Plaza, Plot No: Cl, G Block,Bandra Kurla Complex,Bandra ( East),Mumbai - 400051

Date: zs" May, 2019

Symbol: STEElCITYISIN: INE395HOIOll

Dear Sir/ Madam,

Sub: Outcome of the Board Meeting held today i.e., 29th May, 2019

This is to inform you that a meeting of the Board of Directors of the Company was held today i.e., on

zs" May, 2019 at the Re-gistered Office of the Company and the following is the outcome of the BoardMeeting: /

1. Standalone Financial Results of the Company for the half year and year ended 31st March, 2019.

2. Consolidated Financial Results of the Company for the half year and year ended 31st March, 2019.

The Financial Results have been reviewed by the Audit Committee and approved by the Board ofDirectors at its meeting held today.

3. Took note of the Auditor's Report on the aforesaid Standalone and Consolidated Financial Results of

the Company duly issued by M/s. SARC& Associates, Statutory Auditors of the Company.

4. The Board recommended to declare a Final Dividend of Rs.0.50/- for every Equity Share of Rs.10/-

each (i.e., @ 5% of the face value of the Share) for the Financial Year 2018-19 subject to the approval ofthe Shareholders at the ensuing Annual General Meeting.

5. Declaration for Audit Report with Unmodified Opinion Standalone & Consolidated Financial Results.

For STEEL CITY SECUR~ES~TtlJCo'Executiv Jairman

r STEf:L CITY .

~Managing Director

Regd. & Corporate Head Office: 49-52-5/4, SHANTHIPURAM, VISAKHAPATNAM - 530 016.'C : 2796984, 2549681,2563581,2762585, EPBX: 2549675-79, 2762579-84, 2761803-04, FAX: 0891-2720135/2762586

E-mail: ramu.n@steelcitynettrade.com, scsl@steelcitynettrade.com, Website: www.steelcrtynettrade.corn

e STEEL CITY SECURITIES LTD. Continuation Sheet

6. Took note of the Secretarial Compliance Report certified by Mis. ASN Associates, Company

Secretaries, Visakhapatnam as per Regulation 24 A of SEBI (LODR) Regulations, 2015.

The Meeting commenced at 4.45 P. M. and concluded at 6.15 P.M.You are requested to take note of the same.

Thanking You,Yours Faithfully,For=r Securities Limited

ro'~ ~K. Satyanarayana Sat ish Kumar AryaExecutive Chairman Managing Director

,/

SARC & ASSOCIATES 49-28-13, Madhuranagar,Visakhapatnam,Andhra Pradesh-53006 IndiaM : +91 9885576567T : +91 8912754479E: chandra@sarcmail.in

Chartered Accountants

Auditor's Report Pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements)Regulations, 2015

ToBoard of DirectorsSteel City Securities Limited49-52-5/4, Shanthipuram,Visakhapatnam - 530016

1. We have audited the accompanying Year ended standalone financial results of STEEL CITYSECURITIES LIMITED for the half year ended 3151 March, 2019 and the yearly standalone fmancialresults for the year ended 3151 March, 2019, attached herewith, being subm itted by the company pursuantto the requirement of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements)Regulations, 2015. These half yearly and yearly standalone financial results have been prepared on thebasis of the standalone financial statements, which are the responsibility of the company's management.Our responsibility is to express an opinion on these standalone financial results based on our audit of suchfinancial statements, which have been prepared in accordance with the Accounting Standards notifiedunder Section 133 of the Companies Act, 2013 read with Rule 7 of the Companies (Accounts) Rules, 2014and other accounting principles generally accepted in India.

2. We conducted our audit in accordance with the auditing standards generally accepted in India. Thosestandards require that we plan and perform the audit to obtain reasonable assurance about whether thefinancial results are tree from material misstatement(s). An audit includes examining, on a test basis,evidence supporting thel-amounts disclosed as financial results. An audit also includes assessing theaccounting principles used and significant estimates made by management. We believe that our auditprovides a reasonable basis for our opinion. /

3. In our opinion and to the best of our information and according to the explanations given to us, these halfyearly and yearly financial results:

(i) are presented in accordance with the requirements of Regulation 33 of the SEBI (Listing Obligationsand Disclosure Requirements) Regulations, 2015 in this regard; and

(ii) give a true and fair view of the net profit and other fmancial information for the half year ended 3151

March, 2019 and for the year ended 3151 March, 2019

4. Further, read with paragraph 1 above, we report that the figures for the half year ended 3151 March, 2019represents the derived figures between the audited figures in respect of the financial year ended March 31,2019 and the unaudited half yearly figures as on 30lh September, 2018

For SARC& ASSOCIATESChartered Accountants

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C""J V:SAlllkPATNW "" _-----~~ >.~~DRA SEKHARA'KULAV4'tO--;;:-;' ~~~' // (Partner)

~~mbership No~ :206704Place: VISAKHAPATNAMDate: 29.05.2019

Head Office: D-191, Okhla Industrial Area Phase-I, New Delhi - 110020 INDIA Email: gurugram@sarcmail.in www.sarcassociates.comBI'1J1\ches: New Delhi. Mumbai • Ahmedabad. Surat • Nadiad • Anand. Hyderabad • Vizag • Chandigarh • Gorakhpur • Noida • Mandi

;TFFI rrrv SFrlll(lll'-:S Irr:STEEL CITY SECURITIES LIMITED

Regd Office: 49-52-5/4, Shanthlpuram, Vlsakhapatnam, A P - 530016Emall: scsl@steelcitynettrade.com, ramu.n@steelcitynettrade.com, contact No.0891-2563581

Website: www.steelcitynettrade.com CIN:L67120AP1995PLC01952 1

Statement of Audited Standalone Financial Results fortbe HaIrYear Ended 31st March, 2019Rs.lnlakhs

particulars Six montbs ended on Year Ended Year Endednn nn

31.03.2019 30.09.2018 31.03.2018 31.03.2019 31.03.2018Audited Unaudited Audited Audited Audited

I Income from Operations 2,864.12 3,013.91 3,501.53 5,878.03 6,164.55II Other Income 186.91 83.61 122.07 270.52 197.12III Total Revenuefl+Il] 3,051.03 3,097.52 3,623.60 6,148.55 6,361.67IV Exnendlture

(a) Emnlovee benefits expense 498.48 499.11 427.49 997.59 888.84(b) Finance Costs (70.44 101.49 (53.86 31.05 36.15(c) ueprec anon ann amornsanon

45.71expense 47.00 46.12 92.71 86.28(d) Otber exnenses 1,884.01 1,847.85 2,245.11 3,731.86 3,778.56Total Exnenses 2,359.04 2,494.16 2,664.86 4,853.20 4,789.83

V Profit before exceptional andextraordlnarv Items and tax (III-IV) 691.99 603.36 958.74 1,295.35 1,571.84

VI Excentlonal Items - -VII Profit before extraordinary Items and

tax (V-VI) 691.99 603.36 958.74 1,295.35 1,571.84VIII Extraordlnarv Items - -IX Profit before taxrvII-vIIn 691.99 603.36 958.74 1,295.35 1,571.84X Tax Expense

fa) Current Tax 265.75 173.52 299.43 439.27 462.37(b) Deferred Tax (8.77) (2.07) (4.311 (10.84) 1.61

XI Proflt/(Loss) for tbe period fromcontinuing operatlons(IX-X) 435.01 431.91 663.62 866.92 1,107.86

XII Proflt/(Loss) from discontinuingoperations -

XIII Tax Expense on discontinuingoperations -

XIV Proflt/(Loss) from discontinuingoneratlons (after tax) (XII-XIII'

XV Proflt/(Loss) for the period (XI+XIV) 435.01 431.91 663.62 866.92 1,107.86XVI Earnfnzs per sbare

(a) basic (notannuallsed) 2.88 2.86 4.39 5.74 7.33(b) Diluted (notannuallsed) 2.88 2.86 4.39 5.74 7.33Earnings per share (Afterfa) basic (not annuallsed) 2.88 2.86 4.39 5.74 7.33(b) Diluted fnotannuallsed) 2.88 2.86 4.39 5.74 7.33

XVII paid-up equity share capital (facevalue of share Is Rs.10/-) 1,510.71 1,510.71 1,510.71 1,510.71 1,510.71

XVIII Reserves excluding RevaluationReserve as per balance sheet ofprevious accounting year 5,744.95 5,765.26 5,333.35 5,744.95 5,333.35

Notes:1

23

The Above Audited Financial Results were reviewed by the Audit Committee and have been approved by theBoard of Directors In tbelr meeting held on May 29,2019Figures have been re-grouped or re-classlfled, wherever necessary.Figures oflast half year ended 31st March, 2019 are the balancing figures between the audited figures oftheyear ended 31st March, 2019 and unaudited haIryear ended on 30th September, 2018

4 The Board of Directors of the Company have recommended dividend of Rs.0.50 (5%) per equity share ofRs.10/- each subject to approval by the members of tbe Company In tbe ensuring Annual General Meeting(AGM).

Place: VlsakhapatnamDated: May 29,2019

for and on behalf of Board of Directors of

~

STEELCITYSECUR~

Co~'- ~(KSATY A~ANA) (SA~A)

EXECUTIVECHAIRMAN MANAGINGDIRECTOR

e·STEEL CITY SECURITIES LTD.

IAudited Standalone Statement of Assets and Liabilities for the half year ended 31st March, 2019Rs In lakhs

Particulars 31/03/2019 31/03/2018Audited Audited

A EQUITYANDLIABILITIES

1 Shareholders' Fundsa Share Capital 1,510.71 1,510.71b Reserves and Surplus 5,744.95 5,333.35c Money received against share warrant - -Sub-total shareholders' funds 7,255.66 6,844.06

2 Share Application money pending allotment - -

3 Non-Current Liabilitiesa Long-term borrowings 11.84 3.12b Deferred Tax Liabilities(net) - -c Other Long-term liabilities - -d Long-term provisions - -

Sub-total Non-current liabilities 11.84 3.12

4 Current Liabilitiesa Short-term borrowings -b Trade Payables 2,598.87 2,612.72c Other Current liabilities 2,401.68 2,440.11d Short-term provisions 477.61 526.53

./

Sub-total Current liabilities 5,478.16 5,579.36

TOTAL- EQUITYANDLIABILITIES 12,745.66 12,426.55

B ASSETS

1 Non-current Assetsa Fixed Assets

i) Tangible Assets 396.90 416.50ii) Intangible Assets 17.46 33.42

b Non-current Investments 707.62 455.24c Deferred Tax Asset(net) 27.93 17.09d Long-term loans and advances 752.59 1,020.75e Other non-current assets 362.37 769.25

Sub-total Non-current assets 2,264.87 2,712.26

2 Current Assetsa Current Investments - -b Trade Receivables 4,744.72 5,200.70c Cash and Cash Equivalents 5,016.42 4,247.99d Short-term loans and advances 162.94 145.80e Other Current assets 556.71 119.79

Sub-total Current assets 10,480.79 9,714.28

TOTAL-ASSETS 12,745.66 12,426.55

For STEEL CITY SECU~!:(' LIMITEDCO' ;),.... .rrnan

~. STEEL CITY SECURITIES LTD.

IAudited Standalone Segment wise Revenue, Results, Assets and LiabiJites for the Year ended 31st March, 2019Rs.ln Lakhs

Six months ended on Year ended Year endedSI No. Particulars 31.03.2019 30.09.2018 31.03.2018 31.03.2019 31.03.2018

Audited Unaudited Audited Audited Audited1 Segment Revenue

(a) Stock Broking & DP Operations 952.04 1,145.70 1,562.79 2,097.74 2,932.12(b) E-Governance Operations 1,828.47 1,951.82 1,938.74 3,780.29 3,232.43Total 2,780.51 3,097.52 3,501.53 5,878.03 6,164.55Less: Inter Segment Revenue - - - - -Total Income from Operations 2,780.51 3,097.52 3,501.53 5,878.03 6,164.55

2 Segment Results(Profit/(Loss) before tax and financecost from each segment(a) Stock Broking & DP Operations 149.05 155.85 506.43 304.90 854.05(b) E-Governance Operations 472.50 549.00 398.44 1,021.50 753.94Total 621.55 704.85 904.87 1,326.40 1,607.99Less: (i) Finance Cost (70.44) 101.49 (53.86) 31.05 36.15

(ii) Other unallocable expenditure net offunallocable Income - - - - -Total Profit Before Tax 691.99 603.36 958.74 1,295.35 1,571.84

3 Segment Assets(a) Stock Broking & DP Operations 9,973.58 10,108.69 9,746.86 9,973.58 9,746.86(b) E-Governance Operations 2,772.08 2,243.05 2,679.68 2,772.08 2,679.68Total Assets 12,745.66 12,351.73 12,426.54 12,745.66 12,426.54

4 Segment Liabilities(a) Stock Broking & DP Operations 3,646.20 3,222.92 3,564.26 3,646.20 3,564.26(b) E-Governance Operations 1,843.80 1,852.85 2,018.23 1,843.80 2,018.23Total Liabilities 5,490.00 5,075.77 5,582.49 5,490.00 5,582.49

For STEEL CITY SECUR~Tlp ~ED

Exe~tive~ha' an

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SARC & ASSOCIATES 49-28-13, Madhuranagar,Visakhapatnam,Andhra Pradesh-53006 IndiaM : +919885576567T: +91 891 2754479E: chandra@sarcmaii.in

Chartered Accountants

Auditor's Report Pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements)Regulations, 2015

ToBoard of DirectorsSteel City Securities Limited49-52-5/4, Shanthipuram,Visakhapatnam - 530016

We have audited the accompanying Year ended Consolidated fmancial results of STEEL CITYSECURITIES LIMITED ("the Company") for the half year ended 31 st March, 2019 and the yearlyConsolidated financial results for the year ended 3 I st March, 2019, attached herewith, being submitted bythe company pursuant to the requirement of Regulation 33 of the SEBI (Listing Obligations and DisclosureRequirements) Regulations, 2015. These half yearly and yearly Consolidated fmancial results have beenprepared on the basis of the Consolidated financial statements, which are the responsibility of thecompany's management. Our responsibility is to express an opinion on these Consolidated financial resultsbased on our audit of such financial statements, which have been prepared in accordance with theAccounting Standards notified under Section 133 of the Companies Act, 2013 read with Rule 7 of theCompanies (Accounts) Rules, 2014 and other accounting principles generally accepted in India.

2. We conducted our audit in accordance with the auditing standards generally accepted in India. Thosestandards require that we plan and perform the audit to obtain reasonable assurance about whether theConsolidated financial results are free from material misstatement(s). An audit includes examining, on atest basis, evidence supporting the amounts disclosed as Consolidated financial results. An audit alsoincludes assessing the accounting principles used and significant estimates made by management. Webelieve that our audit provides a reasonable basis for our opinion.

3. In our opinion and to the best of our information and according to the explanations given to us, these halfyearly and yearly Consolidated financial results:

(i) are presented in accordance with the requirements of Regulation 33 of the SEBl (ListingObligations 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 ended31st March, 2019 and for the year ended 3 Ist March, 2019

4. Further, read with paragraph 1 above, we report that the figures for the half year ended 31 st March, 2019represents the derived figures between the audited figures in respect of the financial year ended March 31,2019 and the unaudited half yearly figures as on 30th September, 2018

For SARC & ASSOCIATESChartered Accountants

FRN:006085N

Place: VISAKHAPATNAMDate: 29.05.2019

Head Office: 0-191, Okhla Industrial Area Phase-I, New Delhi - 110020 INDIA Email: gurugram@sarcmail.in www.sarcassociates.comBrsnches : New Delhi. Mumbai • Ahmedabad. Sutat • Nadiad • Anand. Hyderabad • Vizag • Chandigarh • Gorakhpur • Noida • Mandi

r. ~ rlTV <:.t:rll\)III~' ITn'V ~~ ••••••••• - STEEL CITY SECURITIES LIMITED

Regd Office: 49-52-5/4, Shanthipuram, Visakhapatnam, A P - 530016Email: scsl@stee\citynettrade_com, ramu_n@steelcitynettrade_com, contact No_0891- 2563581

Website: www.steelcttynettrade.com CIN:L67120AP1995PLC019521

Statement of Audited Consolidated Financial Results for the Half Year Ended 31st March, 2019Rs.in lakhs

particulars Six months ended on Year Ended Year Endednn nn

31_03_2019 30_09_2018 31_03_2018 31.03_2019 31_03_2018Audited Unaudited Audited Audited Audited

I Income from Operations 2,931.79 3,095_91 3,564_38 6,027_70 6,296_81II Other Income 231.86 129.15 203.05 361.01 317.05III Total Revenue(l+II) 3,163.65 3,225.05 3,767.43 6,388_71 6,613.86IV Expenditure

(a) Employee benefits expense 517.63 524.19 461.83 1,041_82 963.05(b) Finance Costs (68.74) 103.02 (51.27) 34.28 40.59(c) Depreciation and amortisation expense 48.53 47.25 47.68 95.78 89.56(d) Other expenses 1,959.52 1,937.28 2,322.97 3,896.80 3,914.88Total Exnenses 2,456.94 2,611.74 2,781.20 5,068.68 5,008.07

V Profit before exceptional and extraordinary itemsand tax (III-IV) 706.71 613.32 986.23 1,320.03 1,605.79

VI Exceptional ItemsVII Profit before extraordinary items and tax (V-VI)

706.71 613.32 986.23 1,320.03 1,605_79VIII Extraordinary Items

IX Profit before tax(VII-VIII) 706.71 613.32 986_23 1,320.03 1,605.79X Tax Expense

(a) Current Tax 274.13 180.82 309_07 454.95 475.41(b) Deferred Tax (8.86) (2.18) (4.35) (11.04) 1.47

XI Profit/CLoss) for the period from continuingoperations(IX-X) 441.45 434.68 681.51 876.13 1,128.91

XII Profit/CLoss) from discontinuing operations

YIlT

XIV Profit/CLoss) from discontinuing operations (after•• vl (VII_VlIIl

XV Profit/CLoss) for the period (XI+XIV) 441.45 434.68 681.51 876.13 1,128.91XVI Share ofProfit/(Loss) of Associates (5_42) 29.32 9.74 23.90 15.25XVII Transfer to Minority Interest 6.46 7.42XVIII Consolidated Net Profit/CLoss) for the period

(XV+XVI-XVIIl 436.04 463.99 684.79 900.03 1,136.74XIX Earnings per share

(a) basic (not annualised) 2.89 3.07 4.53 5.96 7_52(b) Diluted (not annualised) 2.89 3.07 4.53 5.96 7.52Earnings per share (After Extraordinary Items)

(aJ basic (not annualisedJ 2.89 3.07 4.53 5.96 7.52fb) Diluted fnot annualised) 2.89 3.07 4.53 5.96 7.52

XX paid-up equity share capital (face value of share isRs.I0/-) 1,510.71 1,510.71 1,510.71 1,510.71 1,510.71

XXI Reserves excluding Revaluation Reserve as perbalance sheet ofnrevious accountina year 7,080.68 7,099.95 6,422.96 7,080.68 6,422.96

Notes:The Above Audited Financial Results were reviewed by the Audit Committee and have been approved by the Board of Directorsin their meeting held on May 29, 2019

2 Figures have been re-grouped or re-classified, wherever necessary.3 Figures of last half year ended 31st March, 2019 are the balancing figures between the audited figures of the year ended 31st

March, 2019 and unaudited half year ended on 30th September, 20184 The Board of Directors of the Company have recommended dividend of Rs.0.50 (5%) per equity share of Rs_I0/- each subject to

approval by the members of the Company in the ensuring Annual General Meeting (AGM).

for and on behalf of Board of Directors of

o j:;"~m~~(KSATY5.~) (SATISH KUMARARYA)

EXECUTIVECHAIRMAN MANAGINGDIRECTOR

Place: VisakhapatnamDated: May 29, 2019

STEEL CITY SECURITIES LTD.

IAudited Consolidated Statement of Assets and Liabilities for the year ended 31st March, 2019Rs In Iakhs

Particulars I 31/03/2019 31/03/2018Audited Audited

A EQUITYANDLIABILITIES

1 Shareholders' Fundsa Share Capital 1,510.71 1,510.71b Reserves and Surplus 7,080.68 6,422.96c Money received against share warrant - -

Sub-total shareholders' funds 8,591.38 7,933.67

2 Share Application money pending allotment - -

3 Minority Interest - 229.34

4 Non-Current Liabilitiesa Long-term borrowings 11.84 3.12b Deferred Tax Liabilities(net) - -c Other Long-term liabilities - -d Long-term provisions - -

Sub-total Non-current liabilities 11.84 3.12

5 Current Liabilitiesa Short-term borrowings - -b Trade Payables 2,958.70 2,912.46c Other Current liabilities -' 2,445.01 2,488.69d Short-term provisions 493.78 546.17

Sub-total Current liabilities 5,897.49 5,947.32

TOTAL- EQUITYANDLIABILITIES 14,500.72 14,113.45

B ASSETS

1 Non-current Assetsa Fixed Assets

i) Tangible Assets 413.26 435.94ii) Intangible Assets 17.46 33.42

b Non-current Investments 517.15 414.83c Deferred Tax Asset(net) 27.01 15.97d Long-term loans and advances 875.75 1,131.41e Other non-current assets 367.47 779_52.f Goodwill on consolidation 454.89 242.34

Sub-total Non-current assets 2,672.98 3,053.42

2 Current Assetsa Current Investments 133.90 83.33b Trade Receivables 4,822.24 5,302.44c Cash and Cash Equivalents 5,727.48 5,046.57d Short-term loans and advances 550.84 490.77e Other Current assets 593.27 136.93

Sub-total Current assets 11,827.73 11,060.03

TOTAL-ASSETS 14,500.72 14,113.45

For STEEl CIl SECl:TIES LlMITE[)G (""'Executi airman

/

STEEL CITY SECURITIES LTD.

Audited Consolidated Segment wise Revenue, Results, Assets and Liabilites for the Year ended 31st March, 2019

Six months ended on Year ended Year endedSINo. Particulars 31.03.2019 30.09.2018 31.03.2018 31.03.2019 31.03.2018

Audited Unaudited Audited Audited Audited1 Segment Revenue

(a) Stock and Commodity Broking & Dp 1,335.19 1,273.23 1,942.69 2,608.42 3,381.43Operations

(b) E-Governance Operations 1,828.47 1,951.82 1,938.74 3,780.29 3,232.43

Total 3,163.66 3,225.05 3,881.43 6,388.71 6,613.86

Less: Inter Segment Revenue - - - -Total Income from Operations 3,163.66 3,225.05 3,881.43 6,388.71 6,613.86

2 Segment Results(Profitt(Loss) before tax andfinance cost from each segment

(a) Stock and Commodity Broking & Dp 165.48 167.34 536.51 332.82 892.43Operations

(b) E-Governance Operations 472.50 549.00 398.44 1,021.50 753.94

Total 637.98 716.34 934.95 1,354.32 1,646.37

Less: (i) Finance Cost (68.74) 103.02 (51.27) 34.28 40.59(ii) Other unallocable expenditure net off

unallocable Income - - - - -Total Profit Before Tax 706.71 613.32 986.23 1,320.03 1,605.78

3 Segment Assets(a) Stock and Commodity Broking & DpOperations - 11,728.64 11,830.12 11,433.77 11,728.64 11,433.77

(b) E-Governance Operations 2,772.08 2,243.05 2,679.68 2,772.08 2,679.68

Total Assets 14,500.72 14,oi3.17 14,113.45 14,500.72 14,113.454 Segment Liabilities

(a) Stock and Commodity Broking & Dp Operatio 4,065.53 3,609.66 3,932.21 4,065.53 3,932.21

(b) E-Governance Operations 1,843.80 1,852.85 2,018.23 1,843.80 2,018.23

Total Liabilities 5,909.33 5,462.51 5,950.44 5,909.33 5,950.44

For STEEL crrr St\.,~ 1::.-UMI ED

(0'::::Xcr'lt .teQhairmnn

STEEL CITY SECURITIES LIMITED(CIN : L67120AP1995PI.C019521)

AN ISO 9001 : 2015 CERTIFIED COMPANY

MEMBER OF NSE, BSE & MSEICAPITAL MARKET, EQUITY DERIVATIVES & CURRENCY DERIVATIVES SEGMENTSSEBI Regd Nos. INB 230806132.INB 010806132.INB 260806139, INF 230806132

INF 011156438, INF 260806139, INE 230806132, INE 260806132

POINT OF PRESENCE OF NSDL-CRADEPOSITORY PARTICIPANT (DP) OF

NSDL & CDSL :SEBi Permanent Regd. No. IN-DP-231-2016

SCSL/NSE/LiST /2018-19/9

To,National Stock Exchange Of India Limited,Listing department,Exchange Plaza,Bandra Kurla Complex,Bandra (E),Mumbai - 400051.

Dear sir,

Subject: Declaration Pursuant to Regulation 33(3)(d) of the SEBI (Listing Obligations andDisclosure Requirements) Regulations, 2015,

Ref- STEELCITYSECURITIESLIMITED [Symbol: STEELCITYl./

In Compliance with Regulation 33(3){d) of the SEBI (Listing Obligations and Disclosure

Requirements) Regulations, 2015, as amended by the Securities and Exchange Board of India

(Listing Obligations and Disclosure Requirements) (Amendment) Regulations, 2016, vide

notification no. SEBI/LAD-NRO/GN/2016-17/001 dated May 25,2016 and clause 4.1 of Circular

no. CIR/CFD/CMD/56/2016 Dated May 27,2016, we hereby state that the Statutory Auditors of

the Company M/s. SARC& Associates, Chartered Accountants {FRN: 006085N}, have issued an

Audit Report with unmodified opinion on the Audited Financial Results of the Company for the

half year and year ended March 31,2019.

You are requested to take note of the same.

Thanking You,

Yours Faithfully,

For Steel City Securities Limited.i.; §K. Satyanarayana Satish Kumar AryaExecutive Chairman Managing DirectorPlace: VisakhapatnamDate: 29.05.2019

Regd. & Corporate Head Office: 49-52-5/4, SHANTHIPURAM, VISAKHAPATNAM - 530 016'C : 2796984, 2549681, 2563581, 2762585, EPBX: 2549675-79, 2762579-84, 2761803-04, FAX: 0891-2720135 I 2762586

E-mail: ramu.n@steelcitynettrade.com.scSI@steelcitynettrade.com.Webslte:V.lWw.steelcltynettrade.com