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D.P. WIRES LIMITED Annual Report 2021
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Annual Report
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Date: - June 18th 2021
To. National Stock Exchange of India Limited Listing Department Exchange Plaza, C-1 Block-G. Bandra-Kurla Complex, Bandra (E), Mumbai-400051
Dear Sir/Madam,
Subject: - Outcome of Meeting of Board of Directors of the Company held on 18.06.2021 Reference: - SM- DPWIRES, ISIN: - INE864X01013
Reg:-Disclosure under Regulation 30 & 33 and other applicable provisions of SEBI (LODR)2015
With reference to above mentioned subject we would like to inform you that the meeting of the board of Directors of DP Wires Limited was held on 18th day of November 2021, Friday at 16-18, Industrial estate, Ratlam (M.P)-457001, of the company commenced meeting at 4.30 PM i.e. (16:30 Hours) and concluded at 05:50 PM i.e. (17:50 Hours) among others the following businesses as specified below were transacted at the Meeting:-
-
- Considered and approved the Standalone audited financial results of the company for the Quarter and year Ended on 31st March 2021 along with the Limited review Auditor report thereon.
-
- Re-appointment of CS Shweta Garg Practicing Company Secretary as a Secretarial Auditor of the company for the financial year 2021-22.
-
- Re-appointment of M/s M.P Turakhia & Associates, as a Cost Auditor of the company for the financial year 2021-22.
- 4 Re-appointment of M/s Sachin Moonat and Associates, Chartered Accountant as an Internal Auditor of the company for the financial year 2021-22.
In this regards we are attaching here with the Following Documents:-
- A. Audited quarterly and Yearly Financial Results for the quarter ended on 31st March, 2021
- B. Limited Review Report from the Auditors.
Kindly take the above on your records in Pursuance of the SEBI (LODR), Regulation, 2015.
Thanking you, Yours Faithfully DP Wires Limited Arvind Kata σ Whole Time Director & CFO (DIN:-0088771) 63 Ghas Bazar, Ratlam 457001, M.P.India
An IS/ISO 9001:2015 Company
Ph.: 07412-260554, 261130, 260646, 261151, 261140 Email: [email protected], [email protected], Website: dpwires.co.in
| D.P. WIRES LIMITEDĴ[Formerly known as 'D.P. WIRES PRIVATE LIMITED']16-18A, INDUSTRIAL ESTATE, RATLAMCIN-U27100MP1998PLC029523, Phone: +91-07412-261130, +91-07412-261140Website: www.dpwires.co.in Email: [email protected]STATEMENT OF ASSETS AND LIABILITES AS ON 31st MARCH 2021 | |||||
|---|---|---|---|---|---|
| Particulars | Audited | [₹ in Lakhs]Audited | |||
| As at | As at | ||||
| 31-03-2021 | 31-3-2020 | ||||
| A | EQUITY AND LIABILITIES | ||||
| $\mathbf{I}$ | SHAREHOLDERS' FUNDS | ||||
| (a) | Share Capital | 1,356.80 | 1,356.80 | ||
| (b) | Reserves and Surplus | 10.909.49 | 8,504.60 | ||
| 12,266.29(1) | 9,861.40 | ||||
| $\mathbf{H}$ | NON-CURRENT LIABILITIES | ||||
| (a) | Long-Term Borrowings | 283.88 | 237.63 | ||
| (b) | Lease Liabilities | 25.56 | 25.58 | ||
| (c) | Deferred Tax Liabilities | (9.77) | 13.18 | ||
| (d) | Long-Term Provisions | 54.64 | 44.77 | ||
| 354.31(11) | 321.16 | ||||
| III | CURRENT LIABILITIES | ||||
| (a) | Short-Term Borrowings | 477.36 | 61.03 | ||
| (b) | Lease Liabilities | 0.01 | 0.01 | ||
| (c) | Trade Payables | 415.02 | 1,000.49 | ||
| (d) | Other Current Liabilities | 1.623.80 | 1,115.94 | ||
| (e) | Short-Term Provisions | 223.58 | 158.83 | ||
| 2,739.77(III) | 2,336.30 | ||||
| TOTAL RUPEES (I + II + III) | 15,360.37 | 12,518.86 | |||
| $\mathbf{I}$(b)$\mathbf{I}$(a)(b)(c)(d)(e)(f) | NON-CURRENT ASSETS(a) Property, Plant & Equipmenti) Tangible Assetsii) Right-of-Use Assetsiii) Capital Work-In-Progressiv) Investment PropertiesLong-Term Loans and AdvancesCURRENT ASSETSInventoriesTrade ReceivablesCash and Bank BalancesShort-Term Loans and AdvancesCurrent Tax AssetsOther Current Assets | 1,119.2624.651,148.952.292.86298.742,591.60(1)2,535.476,239.15527.43668.0855.582,743.06 | 1,174.2124.971,098.412,297.59366.602,664.192,468.304,636.881,285.99403.1317.631,042.74 | ||
| 12,768.77(II) | 9,854.67 | ||||
| Notes:$\mathbf{1}$$\overline{2}$3 | TOTAL RUPEES (I + II)The above financial results were reviewed by the Board of Directors and approved at the meeting held on18th June, 2021.The Auditors have conducted Audit of the aforsaid Financial Results for the Quarter ended 31stMarch, 2021. The company prepares Consolidated Financial Statements on annual basis and hence,the Quarterly figures pertaining to Statement of Assets and Liabilites could not be ascertained and thus,not provided.Pursuant to transition to Indian Accouting Standards w.e.f. 01-04-2018, the Company has reclassifiedor remeasured or regrouped previous year figures wherever necessary.(Arvind Kataria)Director | 15,360.37(Krutika Maheshwari)Company Secretary | 12,518.86 |
| D.P. WIRES LIMITED[Formerly known as 'D.P. WIRES PRIVATE LIMITED'] | ||||||
|---|---|---|---|---|---|---|
| 16-18A, INDUSTRIAL ESTATE, RATLAMCIN-U27100MP1998PLC029523, Phone: +91-07412-261130, +91-07412-261140 | ||||||
| STATEMENT OF PROFIT AND LOSS FOR THE QUARTER ENDED 31st MARCH 2021 | Website: www.dpwires.co.in Email: [email protected] | |||||
| Particulars | For the | For the | For the | For the | रि in Lakhs)For the | |
| Quarter ended31-03-2021(Audited) | Quarter ended31-12-2020(Unaudited) | Quarter ended31-03-2020(Audited) | Year ended31-03-2021(Audited) | Year ended31-03-2020(Audited) | ||
| REVENUE | ||||||
| 作Revenue from Operations | 18,392.53 | 14,340.12 | 8,019.38 | 46,610.70 | 28,305.14 | |
| $II-A$ | Other Income | 7.07 | 116.72 | 42.78 | 252.57 | 227.30 |
| $II-B$ | Revenue from Wind Mill Unit | 14.36 | 15.23 | 20.49 | 61.52 | 81.44 |
| $\mathbf{ }$ | TOTAL REVENUE (I + II) | 18,413.96 | 14,472.07 | 8,082.66 | 46,924.79 | 28,613.88 |
| IV | EXPENSES | |||||
| (a) | Cost of Materials Consumed | 12,619.48 | 11,617.17 | 5,315.39 | 34,180.72 | 20,747.06 |
| (b) | Purchase of Traded Goods | 2,422.53 | 19.99 | 1,123.24 | 3,403.15 | 1,566.63 |
| (c) | Manufacturing and Operating CostsChanges in Inventories of Finished Goods, | 1,104.39 | 896.77 | 570.72 | 2,855.97 | 1,917.99 |
| (d) | Work-In-Progress and Traded Goods | (41.35) | (64.28) | (324.57) | 261.66 | (311.58) |
| (e) | Employees' Benefit Expenses | 194.57 | 121.24 | 121.76 | 530.12 | 578.10 |
| (f) | Finance Costs | 21.09 | 55.00 | 7.01 | 109.67 | 134.62 |
| (g)(h) | Other ExpensesDepreciation | 902.0575.20 | 659.8055.23 | 535.8168.36 | 2,120.18222.45 | 1,558.76195.86 |
| TOTAL EXPENSES (IV) | 17,297.96 | 13,360.92 | 7,417.73 | 43,683.92 | 26,387.44 | |
| V | Profit before exceptional and extraordinary items and | 1,115.99 | 1,111.15 | 664.93 | 3,240.87 | 2,226.44 |
| ۰VI | Exceptional items | |||||
| VII | Profit before Tax (V-VI) | 1,115.99 | 1,111.15 | 664.93 | 3.240.87 | 2,226.44 |
| VIII Tax Expense: | ||||||
| Current Tax(Less): MAT Credit | 290.00 | 360.00 | 168.04 | 840.00 | 552.21 | |
| Current Tax Expense relating to prior years | 16.05 | 16.05 | 20.41 | |||
| Deferred Taxation | (20.46) | (5.83) | (1.79) | (22.95) | (15.21) | |
| Total Tax Expenses (a+b+c+d) | 285.59 | 354.17 | 166.25 | 833.10 | 557.41 | |
| IX | Profit for the Period (VII-VIII) | 830.41 | 756.98 | 498.68 | 2,407.77 | 1,669.03 |
| X | Other Comprehensive Income for the Period | 1.44 | (1.92) | (9.58) | (2.87) | (9.58) |
| XI | Total Comprehensive Income for the Period (IX+X) | 831.85 | 755.07 | 489.10 | 2,404.90 | 1,659.45 |
| XII | Earnings per share (of Rs.10/- each) (not annualized) | |||||
| (a) | Basic | 6.12 | 5.58 | 3.68 | 17.75 | 12.30 |
| (b) | Diluted | 6.12 | 5.58 | 3.68 | 17.75 | 12.30 |
(Krutika Maheshwari)Company Secretary
(Arvind Kataria)DirectorDIN : 00088771Place : RatlamDated : 18th June 2021 $\bullet$
$\overline{\mathbf{d}}$
÷,
| ĵ | D.P. WIRES LIMITED[Formerly known as 'D.P. WIRES PRIVATE LIMITED']16-18A, INDUSTRIAL ESTATE, RATLAMCIN-U27100MP1998PLC029523, Phone: +91-07412-261130, +91-07412-261140Website: www.dpwires.co.in Email: [email protected] | |||||
|---|---|---|---|---|---|---|
| SEGMENT WISE REVENUE, RESULTS AND SEGMENT ASSETS & LIABILITIES FOR THE QUARTER ENDED 31st March 2021 | रि in Lakhs] | |||||
| Particulars | For theQuarter ended31-03-2021(Audited) | For theQuarter ended31-12-2020(Unaudited) | For theQuarter ended31-03-2020(Audited) | For theYear ended31-03-2021(Audited) | For theYear ended31-03-2020(Audited) | |
| $\mathbf{1}$ | Segment Revenue | |||||
| (a)(b)(c)(d) | Wire DivisionPlastics DivisionElectric Energy through Wind Mill DivisionOthers (Trading) | 15,017.05867.8414.362,507.64 | 13.966.34346.4115.2327.37 | 6,346.81727.8615.58944.71 | 40,632.052.056.8261.523,921.83 | 24,464.022,268.5981.441,572.53 |
| III | Total Sales | 18,406.89 | 14,355.35 | 8,034.96 | 46,672.22 | 28,386.58 |
| $\overline{2}$ | Segment Results | |||||
| (a)(b)(c)(d) | Wire DivisionPlastics DivisionElectric Energy through Wind Mill DivisionOthers (Trading) | 3,232.29185.479.25390.08 | 2,743.6775.6511.957.37 | 1,807.40102.3515.58132.69 | 8,487.64380.6343.91518.68 | 5,655.75539.2364.29333.47 |
| Sub Total | 3,817.09 | 2,838.64 | 2,058.02 | 9,430.87 | 6,592.73 | |
| (i)(ii) | (Add) / Less:Finance CostOther un-allocable expenditure (net of un-allocable ind | 21.102,679.99 | 55.001,672.50 | 7.011,386.08 | 109.676,080.32 | 134.624,231.68 |
| Total Profit / Loss Before Tax | 1,116.00 | 1,111.15 | 664.93 | 3,240.87 | 2,226.43 | |
| 3 | Segment Assets | |||||
| (a)(b)(c)(d) | Wire DivisionPlastics DivisionElectric Energy through Wind Mill DivisionOthers (Trading) | 10,919.60606.88123.5634.27 | 11,589.67385.0972.1538.21 | 6,573.40392.65111.71692.26 | 10,919.60606.88123.5634.27 | 6,573.40392.65111.71692.26 |
| (e) | Sub TotalUnallocable Assets | 11,684.313,685.82 | 12,085.113,349.58 | 7,770.014,748.83 | 11,684.313,685.82 | 7,770.014,748.83 |
| Total Assets | 15,370.14 | 15,434.69 | 12,518.84 | 15,370.14 | 12,518.84 | |
| 3 | $\pmb{\Upsilon}$Segment Liabilities | |||||
| (a)(b) | Wire DivisionPlastics DivisionElectric Energy through Wind Mill Division | 1,134.9625.69 | 1,182.9293.50 | 229.51432.03 | 1.134.9625.69 | 229.51432.03 |
| (c)(d) | Others (Trading) | 0.40 | 338.96 | 0.40 | 338.96 | |
| (e) | Sub TotalUnallocable Assets | 1,161.051,942.79 | 1,276.432,726.69 | 1,000.491,656.95 | 1,161.051,942.79 | 1,000.491,656.95 |
| Total Liability | 3,103.84 | 4,003.12 | 2,657.44 | 3,103.84 | 2,657.44 | |
| (Arvind Kataria)DirectorDIN: 00088771Place: RatlamDated: 18th June 2021 | (Krutika Maheshwari)Company Secretary |
D P WIRES LIMITED
$\ddot{\phantom{a}}$ of Coop Flours for the $\ddot{\phantom{a}}$ - 19
$\mathbf{\hat{r}}$
| Year Ended31st March, 2021 | Year Ended31st March, 2020 | |||||
|---|---|---|---|---|---|---|
| А. | CASH FLOW FROM OPERATING ACTIVITIES | |||||
| Profit before Tax | ||||||
| Adjustments for: | 3.240.87 | 2,226.43 | ||||
| Depreciation and Amortization Expense | ||||||
| Bad Debts | 222.45 | 195.87 | ||||
| Interest Expense on Lease Liabilities | 20.85 | 117.61 | ||||
| Other Finance Costs | 1.69 | 1.69 | ||||
| Interest Income | 107.98 | 132.93 | ||||
| Gain on Redemption of Units in Mutual Funds | (232.61) | (158.43) | ||||
| Net Loss/(Gain) on Sale of Assets | (10.87) | |||||
| Remeasurement of Defined Benefit Plans | (2.87) | 106.62 | (10.13)(9.58) | 269.96 | ||
| Operating Profit before Working Capital Changes | 3,347.49 | 2,496.39 | ||||
| Net change in: | ||||||
| Inventories | (67.18) | |||||
| Trade Receivables | (1,623.11) | 527.02 | ||||
| Other Financial Assets | (264.95) | (176.17) | ||||
| Other Current Assets | (1,700.33) | 173.91 | ||||
| Trade Payables | (585.48) | 607.21 | ||||
| Other Current Liabilities | 504.76 | 97.16 | ||||
| Short Term Provisions | 64.75 | (3,671.54) | 542.81(14.38) | 1,757.56 | ||
| Cash generated from/ (used in) Operations | (324.05) | |||||
| Direct Taxes Paid (Net) | 894.00 | 4,253.95 | ||||
| Net Cash generated from/ (used in) Operating Activities | (1, 218.04) | 429.66 | ||||
| 3,824.29 | ||||||
| CASH FLOW FROM INVESTING ACTIVITIES | ||||||
| Purchase of Property, Plant and Equipment | (167.18) | (411.92) | ||||
| Capital Work-in-Progress | 338.03 | |||||
| Purchase of Investment Property | (50.54) | (530.51) | ||||
| Sale of Investment Property | 33.00 | |||||
| Gain on Redemption of Units in Mutual Funds | 10.87 | |||||
| Movement in Other Non-Current Assets | 67.86 | (248.53) | ||||
| Movement in Fixed Deposits | 1,070.00 | |||||
| Interest Income | 232.61 | (1,076.53)158.43 | ||||
| Net Cash generated from/ (used in) Investing Activities | 1,163.62 | |||||
| (1,738.03) | ||||||
| CASH FLOW FROM FINANCING ACTIVITIES | ||||||
| Proceeds/ (Repayment) of Long-term Borrowings | 46.25 | (23.30) | ||||
| Proceeds/ (Repayment) of Short term Borrowings | 416.33 | (1,898.72) | ||||
| Proceeds/ (Repayment) of Other Financial Liabilities | 3.10 | (10.32) | ||||
| Movement in Long-Term Provisions | 9.87 | 14.81 | ||||
| Payment of Lease Liabilities including Interest thereon | (1.70) | (1.70) | ||||
| Other Finance Costs | (107.98) | (132.92) | ||||
| Net Cash generated from/ (used in) Financing Activities | 365.87 | (2,052.15) | ||||
| NET CHANGE IN CASH AND CASH EQUIVALENTS [A+B+C] | 311.45 | 34.11 | ||||
| Cash and cash equivalents at the beginning of the year | 40.52 | 6.41 | ||||
| Cash and cash equivalents at the end of the year | 351.96 | 40.52 | ||||
| Components of cash and cash equivalents | ||||||
| as at the year end : | ||||||
| Balance with Banks in Current Accounts | 350.29 | |||||
| Cash on Hand | 1.67 | 33.73 | ||||
| 6.79 | ||||||
| 351.96 | 40.52 | |||||
| FOR D.P.WIRES LIMITE |
Arvind KatariaWhole Time Director cum OFODIN : 00088771Ratlam, June 18th, 2021
M/s. Anil Kamal Garg & Company
CHARTERED ACCOUNTANTS
"Kamal Kripa", 97, Jaora Compound, Indore - 452 001 (M.P.) Phone: 0731-2700940, 2704354
Independent Auditors' Report on the Quarterly and Year to Date Audited Financial Results of the Company Pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended
To, The Board of Directors of D P WIRES LIMITED
Report on the Audit of Financial Results
Opinion
We have audited the accompanying financial results of D P WIRES LIMITED ("the Company") for the quarter and year ended March 31st, 2021 ("the Statement"), attached herewith, being submitted by the Company pursuant to the requirement of Regulation 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:
- $\mathbf{i}$ . is presented in accordance with the requirements of Regulation 33 of the Listing Regulations in this regard; and
- gives a true and fair view in conformity with the recognition and ii. measurement principles laid down in the applicable Indian Accounting Standards (Ind AS) and other accounting principles generally accepted in India, of the net profit and other comprehensive income and other financial information of the Company for the quarter and year ended March 31st, 2021.
Basis for Opinion
We conducted our audit in accordance with the Standards on Auditing (SAs) specified under section 143(10) of the Companies Act, 2013, as amended ("the Act"). Our responsibilities under those Standards are further described in the "Auditors" Responsibilities for the Audit of the Financial Results" section of our report.
Contd..2
We are independent of the Company in accordance with the Code of Ethics issued by the Institute of Chartered Accountants of India 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 Code of Ethics. We believe that the audit evidence obtained by us is sufficient and appropriate to provide a basis for our opinion.
Management's Responsibilities for the Financial Results
The Statement has been prepared on the basis of the annual financial statements for the year ended March 31st, 2021. The Board of Directors of the Company are responsible for the preparation and presentation of the Statement 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 Indian Accounting Standards (Ind AS) prescribed under Section 133 of the Act read with relevant rules 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 provisions 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 are free from material misstatement, whether due to fraud or error.
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 to cease operations, or has no realistic alternative but to do so. The Board of Directors are also responsible for overseeing the Company's financial reporting process.
Auditors' Responsibilities for the Audit of the Financial Results
Our objectives are to obtain reasonable assurance about whether the Statement as a whole is free from material misstatement, whether due to fraud or error, and to issue an auditors' report that includes our opinion. Reasonable assurance is a high level of residence but is not a guarantee that an audit conducted in accordance with SAs will Refect a material misstatement when it exists. always NDORE
Contd..3
Misstatements 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 Financial Results.
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 risks of material misstatement of the Statement, whether due to fraud or 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, misrepresentations, 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 Financial Statements on whether the company has adequate internal financial controls 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 $\bullet$ 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 auditors' report to the related disclosures in the financial results or, if such disclosures are inadequate, to modify our opinion. Our conclusions are based on the audit evidence obtained up to the date of our auditors' report. However, future events or conditions may cause the Company to cease to continue as a going concern.
$Contd...4$
- Evaluate the overall presentation, structure and content of the Statement, including the disclosures, and whether the Statement represents the underlying transactions and events in a manner that achieves fair presentation.
- Obtain sufficient and appropriate audit evidence regarding the Financial Results of the Company to express an opinion on the Financial Results.
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.
Other Matter
The Statement includes the results for the quarter ended March 31st, 2021 being the balancing figure between the audited figures in respect of the full financial year ended March 31st, 2021 and the published unaudited year-to-date figures up to the third quarter of the current financial year, which were subjected to a limited review by us, as required under the Listing Regulations.
Our opinion on the same is not modified in respect of the above matter.
For: Anil Kamal Garg & Company Chartered Accountants ICAI Firm Registration No. 004186C AL GARG
INDORE (Harish Kumar Mehta) Partner RED ACC Membership No. 418867 UDIN: 21418867AAAACM8267
Place: Indore Dated : June 18th, 2021
June 18th 2021
Regd. Off. & Factory. 16-18A. Industrial Estate. Ratlam-457 001. (M.P.) INDIA
To
National Stock Exchange of India Limited Listing Department Exchange Plaza, C-1 Block-G, Bandra-Kurla Complex, Bandra(E), Mumbai-400051
Subject: - Declaration (Pursuant to Regulation 33(3)(d) of the SEBI (Listing Regulation and Disclosure Requirements) Regulations, 2015
Dear Sir/Mam.
It is hereby declared and confirmed that the auditor's report on Annual Audited Standalone financial results for the Quarter and year ended on 31st March 2021 of the company is with unmodified Opinion.
In Compliance with the provision of regulation $33(3)(d)$ of the SEBI (Listing Regulation And Disclosure Requirements) Regulations, 2015, as amended on 25th May 2016 Circular No SEBI/LAD-NRO/GN/2016-17 AND Further Amended ,there in vide SEBI circular No CIR/CFD/CMD/56/2016 dated 27th May 2016 , we hereby declare that the auditor of the Company have issued audit report with unmodified Opinion of the financial results of the company for the Quarter and the financial year ended on 31st March 2021.
Kindly take the same on records,
Arvind Kataria Whole Time Director & CFO (DIN:-0088771) 63 Ghas Bazar, Ratlam 457001, M.P.India
An IS/ISO 9001:2015 Company Ph.: 07412-260554, 261130, 260646, 261151, 261140 Email: [email protected], [email protected], Website: dpwires.co.in
Regd. Off. & Factory: 16-18A, Industrial Estate, Ratlam-457 001. (M.P.) INDIA
18 Tune 2021 CERTIFICATION TO THE BOARD PURSUANT TO REGULATION 33(2)(A) OF THE SEBI (LISTING REGULATION AND DISCLOUSURE REQUIREMENTS) REGULATIONS, 2015
I Arvind Kataria, Whole time Director & CFO, DIN-00088771, Hereby certify that I have reviewed the Audited Financial results for the financial year ended on 31st March 2021 and to the best of my Knowledge and Belief, these results do not contain any faults or misleading statements or figures and do not omit any material fact which may make the statements or figures contain therein misleading.
For DP Wires Limited,
Arvind Kataria
Whole Time Director & CFO (DIN:-0088771) 63 Ghas Bazar, Ratlam 457001, M.P.India
An IS/ISO 9001:2015 Company
Ph.: 07412-260554, 261130, 260646, 261151, 261140 Email: [email protected], [email protected], Website: dpwires.co.in