Dhanlaxmi Cotex Ltd. — Audit Report / Information 2024

May 13, 2024

II SHREE II

Date: 13.05.2024

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285, PRINCESS STREET, JHAVAR HOUSE, 2ND FLOOR, MUMBAI - 400 002. • PHONE : 022-4976 4268 E-mail : dcotex1987@gmail.com/ accounts@dcl.net.in Website : www.dcl.net.in CIN : L51100MH1987PLC042280

To,

The Bombay Stock Exchange Ltd

Corporate Relationship Dept, 1 st Floor, New Trading Ring, Rotunda Building, P. J. Towers, Dalal Street, Fort, Mumbai - 400 001

Ref: BSE Scrip Code: 512485 Sub: Outcome of Board Meeting

Dear Madam/ Sir,

In terms of Regulation 30 & 33 of SEBI (Listing Obligations and Disclosure Requirement) Regulations, 2015, this is to inform that the Meeting of the Board of Directors of M/s. Dhanlaxmi Cotex Limited was held today on 13th May, 2024, Monday at the registered office of the Company at 285, C.J. House, 2 nd Floor, Princess Street, Mumbai -400002 at 03.00 p.m. and concluded at 04.40 p.m. The Board has interalia, considered, approved and taken on record as follows:

1. Audited Standalone Financial Results of the Company for the quarter and year ended 31 st March, 2024 along with Auditors Report thereon.

2. Re-Appointment of M/s. PRSB & Associates (FRN: 448053), Chartered Accountants, as an Internal Auditor of the Company for F.Y. 2024-25.

3. Took the note on compliance done for the quarter and year ended 31.03.2024 under SEBI (LODR), Regulations, 2015 as amended.

4. The resignation of the Statutory Auditors, M/s. Gohel & Associates LLP (FRN: W100162), Chartered Accountants w.e.f. closing hours of 13.05.2024

We request you to kindly take the above information on record for the purpose of dissemination to the Shareholders of the Company.

Thanking You, Yours Faithfully For Dhanlaxmi Cotex Limited

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MAHESH Digitally signed by MAHESH SOHANLAL
SOHANLAL JHAWAR
JHAWAR Date: 2024.05.13 17:17:27 +05'30'
Mabesh S. Jbawar
(Whole Time Director)
DIN: 00002908
Place: Mumbai
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Encl:

1. AFR along with Auditors Report 2. Statement on Impact of Audit Qualifications

2. Brief profile of Internal Auditors

3. Resignation of Auditors

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MAHESH Digitally signed by MAHESH SOHANLAL SOHANLAL JHAWAR Date: 2024.05.13 JHAWAR 17:17:50 +05'30'

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PRSB & ASSOCIATES

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Q UA L I T Y T RU S T I N T EG R I T Y O B J EC T I V I T Y CO N F I D E N T I A L I T Y

PRSB & ASSOCIATES

Introduction

PRSB & ASSOCIATES, a Chartered Accountant firm established in Mumbai having its branches in Maharashtra and Rajasthan. The firm is engaged in providing Accounting, Financial, Auditing, and Management consultancy, Corporate and Tax Litigation Matters and Secretarial Services. The firm’s objective is to provide quality services to its clients with utmost professionalism. It also ensures to carry out services with great devotion, care and responsibility. Firm is professionally managed firm and is counted amongst one of the trusted firms. It consists of and Professionals who a Young Experienced representing combination of specialized skills and Personalized Proactive Services. Those Associated with the Firm have regular interaction with Industry and other professionals which enables the firm to keep pace with contemporary developments and to meet the needs of its Clients.

PRSB & ASSOCIATES

Partner’s Introduction

CA Prateek Sharma has more than 4 yrs. of experience in auditing and finance currently. His strengths are his ability to cope-up with pressure. His output-oriented behavior, his coordination, time management skills & his pleasant personality. Also have hands-on experience with Statutory Audit, Tax Audit, ROC work, Direct and Indirect Tax, US GAAP, IGAAP, IFRS, Implementation of ERP, Forex, Treasury, Budgeting including Project Finance and Turnkey Project work along with risk management and financial analysis. He is a council member WIRC students council committee since 2021. CA Prateek Sharma is having experience in Hospitality / Offshore / Trading / Metal Trading / Retail Trading / Govt Audit sectors experience.

PRSB & ASSOCIATES

Partner’s Introduction

CA Sharma Sharma has more than 4 of yrs. experience in taxation, auditing and finance currently. Also have hands-on experience with Statutory Audit, Tax Audit, ROC work, Direct and Indirect Tax, US GAAP, IGAAP, IFRS, Implementation of ERP, Forex, Treasury, Budgeting including Project Finance and Turnkey Project work along with risk management and financial analysis.

• She is also a partner in R R SHRIVASTAVA AND

• ASSOCIATES firm established in 2001 & Also in MBA AND ASSOCIATES firm established in 2019.

PRSB & ASSOCIATES

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Specialization into Accounting, Auditing, Consultancy, Financial Management Services, Corporate Advisory, Debt solutions, etc. serving across vertices and - m u l t i f a c e d c l i e n t s .

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We constantly strive to be the Premier Accounting and Consulting Firm, that provides excellent services to our clients with extreme value add and satisfaction. Our firm also strongly believes in mentoring our human assets by constant knowledge updating and trainings, which allow us to provide cutting edge services to our clients in this frequent changing financial world.

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The firm has established critical networks with banks, builders, corporate institutions, lawyers, consultants to facilitate complete financial solution on different services to clients.

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To remain committed to the profession and deliver the best with adequate due diligence and ensure respect for the Chartered Accountancy profession.

PRSB & ASSOCIATES

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M/s . PRSB & ASSOCIATES Chartered Accountants

ICAI Firm Regn. No. Head Office

: 157616W : 114, Anand Building, 82/84, Kazi Syed Street, Masij (West), Mumbai-400009

Constitution : PARTNERSHIP

Name of Partners : 1) CA Prateek Sharma, ACA (M.No.448053) 2) CA Savita Sharma, ACA (M.No. 451588)

PRSB & ASSOCIATES

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• Audit & Advisory Services

• Statutory audits under Companies Act

• Income Tax Audits

• Audit under GST

• Business Strategic Consultancy

• Process Reviews and due diligence

• Banks and Financial Institution Assignments

• Statutory Audits of Banks

• Concurrent Audits

• Internal Audits of HO and various business functions

• Stock & Receivable Audits of borrowal a/cs

• Revenue Audits

• KYC Audits and PMS Audits

• NGO and Trust Audits

• Project Finance and Loan Syndications

• Tax Consulting and Compliances (Direct & Indirect Taxes)

• Outsourced CFO Services

• Real estate service for construction and Infrastructure Sector

• Startup Consulting and Incorporation Services

• Accounting Services

PRSB & ASSOCIATES

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SECTORS
Financial
Real estate Trading firms
institutions
Manufacturing
Govt./Non Co-op. Housing
Govt. Societies
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PSU Banks NBFC/HFC
CAG
Co-op
RBI Banks
OUR EXISTING EMPANELMENTS
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PRSB & ASSOCIATES

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Manufacturing and
Trading firms (SME)
Banks & Financial
institutions
Corporates
Govt./Non
Govt. Sectors
NGO’s &
Trusts
Startups
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R PRSB & ASSOCIATES

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Taxation
Audit &
Assurance
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Accounting
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Debt
Solution &
Project
Finance
Corporate
Advisory
Services
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Startup
Services
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PRSB & ASSOCIATES

Areas of Services

• ������������� ��������� ������� ����������� �������� ������� ������� �������� � Startup Support � Business Planning

• � Project Finance � Business advisory Consulting &

• � Corporate Loans � Due diligence Compliance Services

• � Equipment Financing � Capital Restructuring � Investment & Tax

• � Refinancing � Financial Structuring planning

• � Loan against Property � Shared CFO services � Strategic Solutions

• � Custody financing � Strategic advisory for � Financial Outsourcing

• � Lease Rented Corporates growth , � Equity Structuring

• Discount expansion � Investor Buy-outs

• � Trade Finance � MIS on financial � Market Research

• � Corporate matrices � Process Design and

• Restructuring � Depot Monitoring Implementation

• � Loan syndication & Service Fund Services � IT System Function Im p lementation

PRSB & ASSOCIATES

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Audit and
Taxation
Accounting
Assurance Direct Tax
� Compilation & Filing of
� Statutory
� Full Fledged Income Tax Returns
� Internal
handling of � TDS returns &
accounts � Bank Audits procedures
� Supervising the � GST audits � Tax planning &
accounting process � Audit of HFC, Fin. Structuring
� Providing advisory Institutions and NBFC � Assessment & Appeals
for the accounting & � Process Audits
better adherence to Indirect Tax
� Audits of
the accounting � GST Return
Co- operative
� Verification of MIS Societies / Trusts � Handling GST Audits
reports � Income tax Audits � Helping new registration
� Stock Audits process
� Filing of monthly/
quarterly returns
� Tax planning
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PRSB & ASSOCIATES

Our Key differentiators

• Over 2 Decade of experience of our associate partnership Firm’s

• reputed standing

• �Serving clients across industry verticles (Manufacturing, Service,

• Senior Partners having worked with Corporates, Banks with core domain expertise

• Adaptability and ease in understanding client's requirements

• �Holistic approach

• �Diversified and experienced team

• �Professional Associations and Networks ensure one stop solution

• �Quick TAT and Speedy Solutions

• �Professional Approach considering external and internal implications

• Techno-savy with modern solutions in digital age

PRSB & ASSOCIATES

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We help business with value-add assortment of services

• Mergers and Acquisitions

• Incorporation Services

• Due Diligence of business proposals

• Process Reviews

• Functional Support on IT System implementation

• Risk Management

• � Compliance & Governance

• Tax Planning and Structuring

• Equity Divestments and restructuring

• Financial Modeling

• Consolidations and Hive-off’s consultancy

• NGO, Trusts formation and management

PRSB & ASSOCIATES

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PRSB & ASSOCIATES

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We are happy to respond for any of your requirement / feedback! ��������������������������������

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Contact No.: 9001522500 Email : caprsb@yahoo.com

PRSB & ASSOCIATES