BSL Ltd. — Interim / Quarterly Report 2022

Feb 9, 2022

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----- Start of picture text ----- PROUD TO BE INDIANPRIVILEGED TO BE GLOBAL----- End of picture text -----

BSLLtd.

REGO. OFFICE : 26,lndustrial Area, - Gandhi Nagar, BHILWARA 311 001 (Rajasthan) INDIA Tel.: (91 1482) 249101-102, 245000 E-mail : accounts@bslsuitings.com, Website : www.bslltd.com C.I.N. : L24302RJl970PLC002266

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www.bslltd.com

REF: BSL/CS/2021-22/ Date: 9[th ] February. 2022

National Stock Exchange of India Ltd Listing Department Exchange Plaza Bandra Kurla Complex Bandra (E) Mumbai- 400 051 NSE Symbol: BSL

BSE Ltd Department of Corporate Services 25[th ] Floor, Phiroze Jeejeebhoy Towers Dalal Street Kala Ghoda, Fort, Mumbai, Maharashtra 400 00 I BSE Scrip Code: 514045

Subject: Submission of Newspaper Publication of Un-audited Financial Results for the Quarter and Nine Months ended 31[st ] December, 2021

Dear Sir/ Ma'am,

u In compliance with the Regulation 30 and 47 ofSEBI (LODR) Regulations, 2015, we wish to inform yo that the Company has published the Un-audited Financial Results for the Quarter and Nine Months ended 31 [s][t ] December, 2021 in the following Newspapers on 9[th ] February, 2022:

I) The Financial Express (All editions)

1. Business Remedies (Jaipur edition)

• 1. Nafa Nuksan (Jaipur edition)

Copy of public notice advertisement in this connection are attached. The same is also available on the Company's website W\ ,, .bslltd.com.

Kindly take the same on record.

Thanking you, Yours Faithfully For BSL Li 'ted

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anc atni) Co pant Sec_retary M. No.: ACS-43134 Enc: a/a

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CONFIDENCE[. ] IN TEXTILES t Temd for harmful substances occo<dlog to Oel<o,T..-Slondoo! 100 No. 09.HIN.68375 Hohenstein

Name	Place	Date
Financial Express	Delhi	09.02.2022

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STATEMENT OF UNAUDITED FINANCIAL RESULTS FOR THE QUARTER AND NINE MONTHS ENDED 31ST DECEMBER, 2021

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----- Start of picture text ----- (` in Lakhs)Sl Particulars Quarter Ended Nine Months Ended Year EndedNo.31.12.2021 31.12.2020 31.12.2021 31.12.2020 31.03.2021Unaudited Audited----- End of picture text -----

SlNo.	Particulars	Quarter Ended	Quarter Ended	Nine Months Ended	Nine Months Ended	Year Ended
		31.12.2021	31.12.2020	31.12.2021	31.12.2020	31.03.2021
		Unaudited				Audited
1.	Total Revenue from Operations	11162	8880	31442	22978	32142
2.	Net Proft / (Loss) for the period (Before Tax, Exceptionaland/or Extraordinaryitems)	404	172	1272	(204)	123
3.	Net Proft / (Loss) for the period before tax (afterExceptional and/or Extraordinaryitems)	404	172	1272	(204)	123
4.	Net Proft / (Loss) for the period after tax (afterExceptional and/or Extraordinaryitems)	261	146	902	(183)	136
5.	Total Comprehensive Income for the period [ComprisingProft / (Loss) for the period (after tax) and OtherComprehensive Income(after tax)]	292	170	896	18	323
6.	EquityShare Capital	1029	1029	1029	1029	1029
7.	Reserves (excluding Revaluation Reserve) as shown inthe Balance Sheet ofpreviousyear	-	-	-	-	6799
8.	Earnings Per Share (of`10 /- each) not annualised.Basic :Diluted :	2.542.54	1.421.42	8.778.77	(1.78) (1.78)	1.321.32

Notes:

1. The above financial results were reviewed by the Audit Committee and approved by the Board of Directors of the company at their respective meeting held on 8th February, 2022. The Limited Review for the Results of quarter and Nine Months ended 31st December, 2021. as required under Regulation 33 of SEBI (Listing Obligation and Disclosure Requirements) Regulation 2015,has been carried out by the Statutory Auditors.

2. The financial statements of the Company have been prepared in accordance with Indian Accounting Standards (Ind AS) notified under the Companies (Indian Accounting Standrds) Rules, 2015 as amended by the Companies (Indian Accounting Standards) Amendment Rules, 2016, prescribed under section 133 of the Companies Act, 2013, and other recognized accounting practices and policies to the extent applicable.

3. The above is an extract of the detailed format of quarter and Nine Months Ended 31st December 2021. Financial Results filed with the Stock Exchanges under Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The full format of Quarter and Nine Months ended 31st December 2021. Financial Results are available on the websites of Stock Exchange(s) at www.nseindia.com/www.bseindia.com and the Company’s website at www.bslltd.com.

4. The Board, in its previous meeting, had approved a Capex Plan of Rs. 125 Crores for installation of 20,064 Cotton Spindles and modernization of existing synthetic spinning, weaving and processing division of the Company. The civil construction work for the said project at existing site situated at Mandapam, Bhilwara- Rajasthan has been started and orders for Machines have been placed. Further the Board in its today’s meeting has approved for increasing the size of cotton spinning project from 20,064 Spindles to 29,184 Spindles. Thus the revised Capex Plan of the Company will be Rs. 168 Crores to be funded through Term Loan & Internal Accruals. The proposed Capex Plan will be completed within next 18 months.

By Order of the Board for BSL LIMITED (ARUN CHURIwAL) Place : Kolkata (W.B.) ChAIRMAN Dated : 8th February, 2022 DIN: 00001718 CIN: L24302RJ1970PLC002266 Registered Office: 26, Industrial Area, Gandhi Nagar, Bhilwara - 311001 (Rajasthan) • Tel.: (+91-1482) 249101-102, 245000 • Email: accounts@bslsuitings.com • website: www.bslltd.com

Name	Place	Date
Business Remedies	Jaipur	09.02.2022
Nafa Nuksan	Jaipur	09.02.2022

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STATEMENT OF UNAUDITED FINANCIAL RESULTS FOR THE QUARTER AND NINE MONTHS ENDED 31ST DECEMBER, 2021

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----- Start of picture text ----- (` in Lakhs)Sl Particulars Quarter Ended Nine Months Ended Year EndedNo.31.12.2021 31.12.2020 31.12.2021 31.12.2020 31.03.2021Unaudited Audited----- End of picture text -----

1.	Total Revenue from Operations	11162	8880	31442	22978	32142
2.	Net Proft / (Loss) for the period (Before Tax, Exceptional	404	172	1272	(204)	123
	and/or Extraordinaryitems)
3.	Net Proft / (Loss) for the period before tax (after	404	172	1272	(204)	123
	Exceptional and/or Extraordinaryitems)
4.	Net Proft / (Loss) for the period after tax (after	261	146	902	(183)	136
	Exceptional and/or Extraordinaryitems)
5.	Total Comprehensive Income for the period [Comprising	292	170	896	18	323
	Proft / (Loss) for the period (after tax) and Other
	Comprehensive Income(after tax)]
6.	EquityShare Capital	1029	1029	1029	1029	1029
7.	Reserves (excluding Revaluation Reserve) as shown in	-	-	-	-	6799
	the Balance Sheet ofpreviousyear
8.	Earnings Per Share (of`10 /- each) not annualised.
	Basic :	2.54	1.42	8.77	(1.78)	1.32
	Diluted :	2.54	1.42	8.77	(1.78)	1.32

Notes:

1. The above financial results were reviewed by the Audit Committee and approved by the Board of Directors of the company at their respective meeting held on 8th February, 2022. The Limited Review for the Results of quarter and Nine Months ended 31st December, 2021. as required under Regulation 33 of SEBI (Listing Obligation and Disclosure Requirements) Regulation 2015,has been carried out by the Statutory Auditors.

2. The financial statements of the Company have been prepared in accordance with Indian Accounting Standards (Ind AS) notified under the Companies (Indian Accounting Standrds) Rules, 2015 as amended by the Companies (Indian Accounting Standards) Amendment Rules, 2016, prescribed under section 133 of the Companies Act, 2013, and other recognized accounting practices and policies to the extent applicable.

3. The above is an extract of the detailed format of quarter and Nine Months Ended 31st December 2021. Financial Results filed with the Stock Exchanges under Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The full format of Quarter and Nine Months ended 31st December 2021. Financial Results are available on the websites of Stock Exchange(s) at www.nseindia.com/www.bseindia.com and the Company’s website at www.bslltd.com.

4. The Board, in its previous meeting, had approved a Capex Plan of Rs. 125 Crores for installation of 20,064 Cotton Spindles and modernization of existing synthetic spinning, weaving and processing division of the Company. The civil construction work for the said project at existing site situated at Mandapam, Bhilwara- Rajasthan has been started and orders for Machines have been placed. Further the Board in its today’s meeting has approved for increasing the size of cotton spinning project from 20,064 Spindles to 29,184 Spindles. Thus the revised Capex Plan of the Company will be Rs. 168 Crores to be funded through Term Loan & Internal Accruals. The proposed Capex Plan will be completed within next 18 months.

Place : Kolkata (W.B.) Dated : 8th February, 2022

By Order of the Board for BSL LIMITED (ARUN CHURIwAL) ChAIRMAN DIN: 00001718

CIN: L24302RJ1970PLC002266 Registered Office: 26, Industrial Area, Gandhi Nagar, Bhilwara - 311001 (Rajasthan) • Tel.: (+91-1482) 249101-102, 245000 • Email: accounts@bslsuitings.com • website: www.bslltd.com