BSL Ltd. — Audit Report / Information 2022

May 13, 2022

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PROUD TO BE INDIAN
PRIVILEGED TO BE GLOBAL
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BSLLtd.

REGO. OFFICE : 26, Industrial Area, Gandhi Nagar, BHILWARA - 311 001 (Rajasthan) INDIA Tel. : (91-1482) 249101,(2 Lines) 245000 E-mail: accounts@bslsuitings.com, Website: www.bslltd.com C.I.N.: L24302RJ1970PLC002266

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SUITINGS
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REF: BSL/PJ/2022-23/ Dated: 13[th ] May, 2022

National Stock Exchange of India Ltd BSE Limited Listing Department Defartment of Corporate Services Exchange Plaza 25[t ] Floor, Phiroze Jeejeebhoy Towers Bandra Kurla Complex Dalal Street Bandra (E) Kala Ghoda, Fort, Mumbai- 400 051 Mumbai, Maharashtra 400 001 NSE Symbol: BSL BSE Scrip Code: 514045

Subject: Outcome of Board Meeting held on 13[th ] May, 2022, pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

Dear Sir/Ma'am,

Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to infonn that the Board of Directors of the Company, at its Meeting held today, i.e., Friday, 13[t][h ] May, 2022, inter alia, has approved and taken on record the following:

1. The Audited Financial Results of the Company for the quarter and year ended on 31[st ] March, 2022 and Statement of Assets and Liabilities as on the date and Cash Flow for the year ended on 31[st ] March, 2022.

A copy of Audited Financial Results along with the Auditors' Report thereon and declaration of unmodified opinion under regulation 33(3) (d) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 are enclosed herewith as Annexure-A.

• Recommended the dividend on Equity Shares at the rate Rs. 1.2/- per share of the face value of Rs. 10/- each for the financial year 2021-22 subject to the approval of the Shareholders at the forthcoming Annual Qeneral Meeting of the Company. The Dividend will be paid/ dispatched within 30 days from the decfaration at the Annual General Meeting. The date of the Annual General Meeting will be intimated to the Stock Exchanges in due course of time.

• Recommended the re-appointment of Mis SSMS & Associates, Chartered Accountants, (Firm Registrati<fo Number O 193 51 C) as Statutory Auditor of the Company for second term five years subject to the approval of th� Shareholders of the Company in the forthcoming Annual General Meeting who shall ·hold office from the conclusion of 51[st ] Annual General Meeting till the conclusion of the 56[th ] Annual General Meeting of the Company to be held in the year 2027. A brief profile and other details as per SEBI Circular CIR/CFD/CMD/4/2015 dated 9th September 2015 of the Mis SSMS & Associates, Chartered Accountant, is attached as Annexure-B.

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REGO. OFFICE : 26, Industrial Area, - Gandhi Nagar, BHILWARA 311 001 (Rajasthan) INDIA Tel.: (91-1482) 249101,(2 Lines) 245000 E-mail : accounts@bslsuitings.com, Website: www.bslltd.com C.I.N.: L24302RJ1970PLC002266

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PROUD TO BE INDIAN
PRIVILEGED TO BE GLOBAL
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BSLLtd.

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SUITINGS
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1. Re-Appointment of Mis A. L. Chechani & Co., Chartered Accountants as the Internal Auditors of the Company for the Financial Year 2022-23.

2. Re-Appointment of Mis V.M. & Associates, Company Secretaries as Secretarial Auditors of the company for the Financial Year 2022-23.

3. Re-appointment of M/s. N.D. Birla & Co., Cost Accountants as Cost Auditor of the company for the Financial Year 2022-23.

Annexure-C. A brief profile of all the Auditors is attached as

The meeting of the Board of Directors commenced at 01.00 P.M. and concluded at 03.30 P.M.

Fmihermore, in accordance with the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015 and Company's code of conduct for Prohibition of Insider Trading, the "Trading Window" for trading in the shares of the Company will open from 16[th ] May, 2022 for the Directors and Key Management Personnel/ Designated Persons and their immediate relatives / Connected Persons of the Company.

You are requested to take above information on record.

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BSLLtd.

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PROUD TO BE INDIAN
PRIVILEGED TO BE GLOBAL
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REGO. OFFICE : 26, Industrial Area, Gandhi Nagar, BHILWARA - 311 001 (Rajasthan) INDIA Tel.: (91-1482) 249101,(2 Lines) 245000 E-mail : accounts@bslsuitings.com, Website: www.bslltd.com C.I.N.: L24302RJ1970PLC002266

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SUITINGS
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Annexure-A

Declaration pursuant to Regulation 33(3)( d) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Dear Sir Ma' am,

I, Praveen Jain, CFO of BSL Limited (CIN: L24302RJ1970PLC002266) having its Registered Office at 26, Industrial Area, Gandhi Nagar, Bhilwara 311001, hereby declare that, the Statutory Auditors of the Company, Mis. SSMS & Associates, Bhilwara (Firm Registration No. 019351C) has issued an Audit Report with unmodified opinion on Audited Financial Results of the Company for the quarter and year ended on 31[st ] March, 2022.

This Declaration is given in compliance to regulation 33(3)(d) of the SEBI (Listing obligations and Disclosure Requirements) Regulations, 2015.

Kindly take the same on record.

Yours faithfully,

For BSL LIMITED

�/

PRA VEEN JAIN CllIEF FINANCIAL OFFICER FCA-73212

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SSMS & Associates CHARTERED ACCOUNTANTS

16, BASEMENT HEERA PAN NA MARKET PUR ROAD, BHILWARA- 311001 E-mail : ssms2405@gmail.com

' - Independent Auditor s Report on the Quarterly and Year to Date Audited Standalone Financial Result of BSL Limited pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, (as amended)

To the Board of Directors of BSL Limited Bhilwara

Opinion

We have audited the accompanying statement of standalone financial results of BSL Limited (the "Company") for the quarter and year ended March 31, 2022 (the "Statement'} attached herewith, being submitted by the Company pursuant to the requirement of Regulations 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (the "Listing Regulations").

In our opinion and to the best of our information and according to the explanations given to us, the Statement:

• a. are rresented in accordance with the requirements· of the Listing Regulations in this regard: and b. gives a true and fair view in conformity with the applicable accounting standards and other accounting principles generally accepted in India, of the net profit and other comprehensive income and other financial info Imation of the Company for the quarter and year ended March 31, 2022.

Basis for Opinion

We conducted our audit in accordance with the Standards on Auditing ("SAs") specified under Section 143( I 0) of the Company Act, 2013, as amended ("the Act"). Our responsibilities under those SAs are further described in the "Auditor's Responsibilities for the Audit of the Standalone Financial Results" section of our report. We are independent of the Company in accordance with the Code of Ethics issued by the Institute of Chartered Accountants of India ([CAI) together with the ethical requirements that are relevant to our audit of the financial statements under the provisions of the Act and the Rules thereunder, and we have fulfilled our other ethical responsibilities in accordance with these requirements and the ICAI's Code of Ethics.

We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion on th':! Standalone financial results.

Management's Responsibilities for the Standalone Financial Results

These quarterly financial results as well as the year to date standalone financial results have been prepared on the basis of the standalone annual financial statements.

The Board of Directors of the Company are responsible for the preparation and presentation of these standalone financial results that gives a true and fair view of the net profit and other comprehensive income of the Company and other financial information in accordance with the applicable accounting standards prescribed under Section 133 of the Act with relevant rull:s issued thereunder and other accounting principles generally accepted in India and in compliance with Regulation 33 of the Listing Regulations. This responsibility also includes maintenance of adequate accounting records in accordance with the provision of the Act for safeguarding of the assets of the Company and for preventing and detecting frauds and other irregularities; selection and application of appropriate accounting policies, making judgments and estimates that are reasonable and prudent; and the design, implementation and maintenance of adequate internal financial controls, that were operating effectively for ensuring the accuracy and completeness of the;: accounting records, relevant to the preparation and presentation of the Statement that give a true and fair view and arc free from material misstatement, whether due to fraud or error.

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♦

Continued Sheet

In preparing the Statement, the Board of Directors are responsible for assessing the Company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the Board of Directors either intends to liquidate the Company or the cease operations, or has no realistic alternative but to do so.

The Board of Directors is also responsible for overseeing the Company's financial reporting process.

Auditor's Responsibilities for the Audit of the Standalone Financial Results

Our objectives are to obtain reasonable assurance about whether the standalone financial results is free from material misstatement, whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is the high level of assurance but, is not a guarantee that an audit conducted in accordance with SAs will always detect a material misstatement when it exists. Misstatement can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of the Statement.

As part of an audit in accordance with SAs, we exercise professional judgment and maintain professional skepticism

throughout the audit We also:

• Identify and assess the risk of material misstatement of the Statement, whether due to fraud of error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentation, or the override of internal control.

• Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances. Under Section 143(3) (i) of the Act, we are also responsible for expressing our opinion through a separate report on the complete set of standalone financial statements on whether the Company has adequate internal financial control with reference to financial statements in place and the operating effectiveness of such controls.

• Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by the Board of Directors.

• Conclude on the appropriateness of the Board of Directors use of the going concern basis of accounting and, based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that may cast significant doubt on the Company's ability to continue as a going concern. If we conclude that a material uncertainty exists, we are required to draw attention in our auditor's report to the related disclosures in the financial results or, if such disclosures are inadequate, to modify our opinion. Our cone I us ions are based on the audit evidence obtained up to the date of our auditor's report. However, future events or conditions may cause the Company to cease to continue as a going concern.

• Evaluate the overall presentation, structure and content of the Statement, including the disclosures, and whether the Statement represents the underlying transactions and event; in a manner that achieves fair presentation.

We communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit and significant audit findings, including any significant deficiencies in internal control that we identify during our audit.

We also provide those charged with governance with a Statement that we have complied with relevant ethical requirements regarding independence, and to communicate with them all relationships and other matters that may reasonably be thought to bear on our independence, and where applicable, related safeguards.

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Continued Sheet

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Other Matters

The Statement includes the results for the quarter ended 31 st March, 2022 being the balancing figure between the audited figures in respect of the full financial year and the published unaudited year to date figures up to the third quarter of the current financial year which were subject to limited review by us.'

For M/s. SSMS & ASSOCIATES Date: 13/05/2022 Chartered Accountants Place: Bhilwara Firm Registration UDIN. 2.io, (:.'l.Y / tl 1'¥ RS FS 3G3 ish Somani) Partner Membership No. 076241

--CIN: L24302RJ1970PLC002266, Website: www.bslltd.com BSLLIMITED -- -- --

1----

Regd. Office: 26, Industrial Area, Gandhi Nagar, Bhilwara (Raj.) 311 001

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Tel.: (91-1482) 249101-02,245009, Email: accounts@bslsuitings.com

AUDITED FINANCIAL RESULTS FOR THE QUARTER AND YEAR ENDED 31ST MARCH, 2022

(t In Lac

Sr. No.	Particulars	Quarter Ended	Quarter Ended	Year Ended 31.03.2022 31.03.2021 43584 32142	Year Ended 31.03.2022 31.03.2021 43584 32142	Year Ended 31.03.2022 31.03.2021 43584 32142
		31.03,202231.12.202131.03.2021 12142 11162 9164		31.03.2022 43584
I	Revenue fom opertons
2	Ocher Income	38 3 52 12180 11165 9216		151 43735		127 32269 12355
3	Total Income (1+2)
4	Expenses
	a) Cost of Material Conswned	5783 5733 4159		20793
	b) Puchase of stock-in-tade	588 562 246		1661		697
	c) Chages in inventores of finished goods, work-in-progress and stock-in-tade	(155) (925) (62) 1739 1740 1501		(1286) 6854 1393		2502 5639
	e)Employees beneftsexpense
	f Finance Cost	423 364 353				1677
	g) Depreciaton and aortisarion expense	280 289 294 1152				1217
	h) Power, Fuel & Water	1244			3277 4782
	i) Ocher expnses
	Total Expenses	11854 10761 8889 42137			32146
5	ProfU (Loss) befre Exceptional Items and Tax (3-4)	326	404 327 1598		123
6	Exceptional Items	~~-~~	~~-~~ ~~-~~		~~-~~
7	ProfU (Loss) befre Tax (5-6)	326	404 327	1598	123
8	Tax Expenses
	a) Current Tax	103	128 62	488	121
b) Defered Tax		(23)	15 (54)	(38) (134)
Total Tax Expenses		80	143 8	450		(13)
9ProfU(Loss) fr the period (7-8)		246	261 319	1148		136
10Other Comprehensive Income		(37)
(A).(i)Items chat will notbereclassifed toproft or loss			(12) 16	(74)		(49)
(ii)Income Tax relatingto the items that will not be reclassifed toprofit or loss		(9)	(3) 4	(18)		(12)
(B).(i)Items chat will be reclassifed toproft or loss		(16)	53 (35) 10			299
(ii)Income Tax relatngto the items that will be reclassified toproft or loss Total Other Comprehensive Income 11Total Comprehensive Income(9+10) 12Paid-UpEquityShae Capital 13Reserves(ExcludingRc,·aluation Reseres) 14Eg per Shaes (Befre & After Exta ordinary Items) (oH 10/- each) (not aualised)		(4)	13 (9) -			75
		(40)	31 (14) (46)			187
		206 292 305 1102				323
		1029 1029 1029 1029				1029
		7901				6799
Basic EPS (')/ Diluted EPS (') 2.39 2.54 3.10 11.15 1.32 Notes:• --- - I. The fnancial statements of the Company have been prepared in accordace with India Accounting Standards (Ind AS) notified under the Companies (Indian Accounting Standards) Rules, 2015 as amended by the Compaies (India Accounting Standards) Aendment Rules, 2016 prescribed under section 133 of the Companies Act, 2013, and other recogized accounting practices and policies to the extent applicable. 2. The above fnancial results were reviewed by the Audit Committee and thereafer were taken on record by the Board of Directors at their meeting held on 13th May, 2022. The Statutor Auditors have audited the results for the quarter and year ended 31st March, 2022 and have expressed an unmodifed opinion. 3. The Company's capex plan of installation of 29184 Cotton Spindles and moderiztion of synthetic spinning, Weaving & ·Processing divisions are going on as per schedule. --- 4. The requirement of"Segent Reporting" is not applicable to the Company as it is engaged in single business segent. -- -- S. The fges of the previous year / quarter have been regrouped/ recast wherever necessary. 6. 11,e Figures of the quarter ended 31st March, 2022 and 31st March, 2021 are the balancing figures between the audited figures in respect to the fll finacial year and the published fgures of the nine months ended 31st December, 2021 and 31st December, 2020, respectively which were subject to Limited Review by the Slatutory Auditors. 7. The Board of Directors of the Company has recommended dividend of Rs. 1.2/- per Equity Shares of the fce value of Rs. 10/- each for the fancial year 2021 22 subject to the approval of the Shareholders of the Compay al the Annual General Meeting.		2.39 2.54 3.10 11.15 1.32

Place: Kolkata (W,B.)

Date: 13th May 2022

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By order of the Board For BSL Limi�d ✓ - br[�] HAlRMAN �URnv;\1�; DIN: 00001718

BSLLIMITED

CTN: L24302RJ1970PLC002266, Website: www.bslltd.com Regd. Office: 26, Industrial Area, Gandhi Nagar, Bhilwara (Raj.) 311 001 Tel.: (91-1482) 249101-02, 245000 Email: accountstmbslsuitings.com

BSLLIMITED CTN: L24302RJ1970PLC002266, Website: www.bslltd.com	BSLLIMITED CTN: L24302RJ1970PLC002266, Website: www.bslltd.com	BSLLIMITED CTN: L24302RJ1970PLC002266, Website: www.bslltd.com	BSLLIMITED CTN: L24302RJ1970PLC002266, Website: www.bslltd.com	BSLLIMITED CTN: L24302RJ1970PLC002266, Website: www.bslltd.com	BSLLIMITED CTN: L24302RJ1970PLC002266, Website: www.bslltd.com	BSLLIMITED CTN: L24302RJ1970PLC002266, Website: www.bslltd.com	BSLLIMITED CTN: L24302RJ1970PLC002266, Website: www.bslltd.com	BSLLIMITED CTN: L24302RJ1970PLC002266, Website: www.bslltd.com
- - Regd. Office: 26, Industrial Area, Gandhi Nagar, Bhilwara (Raj.) 311 001 Tel.: (91-1482) 249101-02, 245000 Email: accountstmbslsuitings.com									- ---
- STATEMENT OF ASSETS&LIABILITIES AS ON				31ST MARCH.		2022 (AUDITED)
									� In Lac)
Particulars						As at
					31.03.2022				31.03.2021
ASSETS
			-�
(1) Non-current Assets (a) Property, plant and equipment						7426			�
(b) Capital work in progress						568			-
(c) Intangible Assets						12			15
( d) Intangible Assets under development -						151
(e) Financial Assets
(i) Loans						IO			6
t- (ii) Other Financial Assets (f) Other non-current assets						214 1081			161 17
						9461			7987
(2) Current Assets (a) Inventories	---				-	14145			11609 -
(b) Financial Assets
(i) Trade Receivables	--		-	---		8929 -			6952 --
(ii) Cash & Cash Equivalents					--	23			_g
(iii) Bank Balances (Other	than ii above)					36			31
(iv) Loans & Deposits						68			�
(v) Other Financial Assets						190
(c) Current Tax Assets (Net)						37			70
(d) Other Current Assets						2316			1940
						25744			20831
TOTAL ASSETS						35205			28818
t-EQUITY AND LIABILITIES
EQUITY
� Equity Share Capi� (b) Other Equity						1029 **7901' **			1029 6799
t--- LIABILITIES						8930			7828
(1) Non - Current Liabilities
( a) Financial Liabilities
__(i) Lo� Term Borrowings						4522			3218
(ii) Other Financial Liabilities			-			106			107
(b) Deferred Tax Liabilities (Net) ( c) Deferred Government Grant (d) Other Non Current Liabilities					-	436 13 21	�		474 44 34
						5097			3877
(2) Current Liabilities
(a) Financial Liabilities								--
(i) Short Term Borrowings						14079			12920
(ii) Trade Payables		---				4763			2065
(iii) Other Financial Liabilities (b) Deferred Government Grant			-			2162 -� 31			19� 38
(c) Other Current Liabilities						143			103
						21178			17113
TOTAL EQUITY AND LIABILITIES						35205			28818
Place: Kolkata (W.B.)								ijy order of the Board
Date: 13th May 2022			82			_<_For BSL Li}ted �.�·. ___.(AIWN CIIURIWAL) CHAIRMAN
									DIN: 00001718

BSLLIMITED

CTN: L24302RJ1970PLC002266, Website: www.bslltd.com Regd. Office: 26, Industrial Area, Gandhi Nagar, Bhilwara (Raj.) 311 001 Tel.: (91-1482) 249101-02, 245000 Email: accounts@bslsuitings.com STATEMENT OF CASH FLOW FOR THE YEAR ENDED 31ST MARCH, 2022

						({ in Lac)	({ in Lac)
	Particulars					For The Year Ended
						31.03.2022 31.03.2021
	--
A)	CASH FLOW FROM OPERATING ACTIVITIES:
	--
	Profit Before Tax					1598.42	123.05
	Adjustments for:
	Depreciation and Amortisation					1151.70	1216.83
�	Interest Paid Defined Benefit Plan (OCI) Loss I (Profit) on sale of Property, Plant & Equipment & Deferred Revenue expenditure Operating Profit Before Working Capital Changes Adjustments for:	Intangible Assets			-t-- -t-- -f--	1235.52 (73.66) (21.77) (49.60) 3840.61	1533.82 (48.77) (2.33) 1.50 2824.10
	(Increase)/Decrease in Non - current Financial Assets - Loans					(3.64)	1.72
	(lncrease)/Decrease in Non - Other current Financial Assets				-�	- (53.20)	- 68.32
�lncrease)/Decrease in Non - current Assets - Others		--				(1063.80)	(3.4_!2
	(lncrease)/Decrease in Inventories					(2536.08)	2329.54
	(lncrease)/Decrease in Trade Receivables					(1977.26)	(39.38)
(lncrease)/Decrease in Current Financial Assets - Loan (lncrease)/Decrease in Current Financial Assets - Others (lncrease)/Decrease in Current Assets - Others--					� I-	(25.82) (18.82) (375.91)	12.16 - (52.57) (466.09)
	lncrease/(Decrease) in Non - current Financial Liabilities	- Others				(1.20)	(1.28)
	Increase/(Decrease) in Non - current Liabilities - Others					(13.53)	(42.181
	lncrease/(Decrease) in Trade Payables					2698.02	(3254.50)
	Increase/(Decrease) in Current Financial Liabilities - Others					186.06	137.10
-	Increase/(Decrease) in Current Liabilities - Others					39.26	(2.89)
	Cash Generated from operations					694.69	1510.64
	Direct taxes (Paid)/ Received					(437.00)	143.99
	Net cash flow from operating activities (A)					257.69	1654.63
**B) **	CASH FLOW FROM INVESTING ACTIVITIES:
	Purchases of Property, Plant & Equipment and Intangible Asset_s_ Sales of Property, Plant & Equipment and Intangible Assets Net cash flow from investing activities (B)		-	-		(1609.09) 87.21 (1521.88)	(186.69) 52.68 (134.01)
C)CASH FLOW FROM FINANCING ACTIVITIES
	Proceeds from Term Loans					2883.43	2197.50
	-- Repayment of Term Loans					(1408.26)	(718.02)
	Proceeds/(Repayment) of current borrowings					1035.92	(1488.43)
	Dividend paid Interest paid					- -f-- (1235.52)	- - (1533.82)
	Net cash flow from financing activities ( C )					1275.57	(1542.77)
	Net increase in cash and cash equivalents (A+B+C)					11.38	(22.15)
	Opening cash and cash equivalents					11.52	33.67
	Closing cash and cash equivalents					22.90	11.52
Place: Kolkata (W.B.)						By order of the Board
							For BSL
Date: 13th May 2022							Limited
						�	�J
						�	AN
						DIN: 00001718

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Annexure-B

Brief Profle and other details as per SEBI Circular CIR/CFD/CMD/4/2015 dated 9[th ] - September 2015 relating to re appointment of Auditors:

1. Mis SSMS & Associ:,ltes, Chartered Accountants:

Disclosure Requirements Reason for Change Date & term of Appointment Brief Profile . Disclosure of relationships between Directors

Details Re-appointment as Statutory Auditors of the Company for the second term of Five years. Recommendation of Board in their meeting held on 13/05/2022 subject to the approval of Membersin Annual General Meeting. They shall hold ofce fom the conclusion of 51 stAnnual General Meeting till the conclusion of the 56thAnnual General Meeting of the Company to be held in the year 2027. M/sSSMS& Associates,CharteredAccountants,Bhilwara (Rajasthan) was established in 2014 and is one of the top CA firm in Bhilwara. Its firm Registration No. is 019351C. The firm have pr�fessional Experience in Statutory and Interal Audits of many listedandunlistedCompanies,BanksandPublicSector Undertakings,ManagementServicesandotherprofessional assignments. N.A.

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Annexure-C

Brief Profle and other details as per SEBI Circular CIR/CFD/CMD/4/2015 dated[9][th ] September 2015 relating to appointment of Auditors:

2. Mis A. L. Chechani & Co., Chartered Accountants:

Disclosure Requirements Reason for Change Date of Appointment Brief Profle Disclosure of relationships between Directors	Details Re-appointment as Internal Auditors of the Company. 13/05/2022 Appointment for the Financial Year 2022-23. M/s A. L. Chechani & Co., Chartered Accountants, (Rajasthan) was established in 1960 and is one of the to IBhilwara.Its frm Registration No.is 05341 C. provides profssional services in the area of Statut Internal Audit, Accounting, Direct Tax, Indirect Tax, Corporate Advisory and Valuation Services. N.A.
		Bhilwara p CA frm The firm ory Audit, Financial,

3. Mis V.M. & Associates, Company Secretaries:

Disclosure Requirements Reason for Change Date of Appointment Brief Profle Disclosure of relationships between Directors

Details Re-appointment as Secretarial Auditors of the Company. 13/05/2022 Appointment fr the Financial Year 2022-23. Mis V.M. & Associates, Company Secretaries, Jaipur (Rajasthan) wasestablishedm1995.ItsfrmRegistrationNo.is Pl984RJ039200. The frm has expertise in all kinds of legal compliancesunder Companiesact,SEBi act,RBI act etc., Corporate Restructuring, Corporate Consulting for fundraising, Joint Ventures, Corporate Governance. N.A.

4. Mis. N.D. Birla & Co., Cost Accountants:

Di closure Re uirements Reason fr Change	Details Re-appointment as Cost Auditors of the Company.
Date of Appointment Brief Profle Disclosure of relationships between Directors	13/05/2022 ~~.~~ Appointment for the Financial Year 2022-23. M/s. N.D. Birla & Co., Cost Accountants, Ahmedabad (Guarat) was established in 1990. Its frm Registration No. is 000028. The Firm is Prominent & Leading Service Provider which ofers Chartered Accounting services, Cost Accounting Services, Financial Services, Income Tax Consultancy Services and GST Consultancy Services. N.A.

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