FGP Ltd — Interim / Quarterly Report 2021

Aug 10, 2021

FGP LIMITED

CIN: L26100MH1962PLC012406 Registered Office - Commercial Union House, 9- Wallace Street, Fort, Mumbai - 400 001 Tel : 2207 0273/ 2201 5269; Email : investors@fgpltd.in; Website : www.fgpltd.in

August 10, 2021

BSE Limited Corporate Service Department, 1 st Floor, P.J. Towers, Dalal Street, Mumbai – 400001

Security Code: 500142

Sub: Outcome of Board Meeting held on August 10, 2021

Dear Sir,

Pursuant to the provisions of Regulation 30 (read with Part A of Schedule III) and Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby inform you that the Board of Directors of the Company at its meeting held today, i.e. on Tuesday, August 10, 2021, inter-alia, considered and approved the Unaudited Financial Results for the quarter ended June 30, 2021, which are enclosed herewith, together with the Limited Review Report issued by Statutory Auditors of the Company.

The Board meeting commenced at 11.24 a.m. and concluded at 12.20 p.m.

We request you to kindly take the above on record.

Thanking you

Yours faithfully For FGP Limited

Manish Tiwary Company Secretary Encl as above

FGP LIMITED
CIN-L26100MH1962PLC012406
Regd.Office: 9, Wallace Street, Fort, Mumbai-400 001. E-mail: investors@fpltd.in; fgpltd03@gmail.com • Website: www.fgpltd.in • Tel. No. (022) 22070273, 22015269
Statement of Unaudited Financial Results for the Quarter ended June 30, 2021
$\bar{\xi}$ in Lakhs except Earning per share
		QUARTER ENDED			YEAR ENDED
Sr.No.	PARTICULARS	30-Jun-21	31-Mar-21	30-Jun-20	31-Mar-21
		Unaudited	Audited (Refer No 2)	Unaudited	Audited
$\mathbf{1}$	Income:
	(a) Net Sales/Revenue from Operations	3.30	3.15	5.40	17.10
	(b) Other Income	0.08	4.18	0.30	4.94
	(c) Net gain on fair value changes	18.61	6.37	15.03	67.93
	Total Income	21.99	13.70	20.73	89.97
$\mathbf{2}$	Expenses:
	(a) Employee benefit expenses	4.65	11.71	8.65	39.41
	(b) Depreciation & amortisation expenses	0.17	(0.92)	0.48	0.60
	(c) Legal and Professional expenses	4.68	8.24	4.70	22.08
	(d) Other expenses	5.85	6.26	4.12	27.62
	Total expenses	15.35	25.29	17.95	89.71
3	Profit/(Loss) before tax (1-2)	6.64	(11.59)	2.78	0.26
4	Tax expenses
	Current Tax			$\overline{a}$
	Deferred Tax
5	Net Profit / (Loss) for the period (5-6)	6.64	(11.59)	2.78	0.26
6	Other comprehensive income (net of tax)
	(item that will not be reclassifiled to profit or loss)		(0.13) (11.72)		(0.13)
7 8	Total comprehensive income for the period $(7+8)$ Paid up equity share capital (Face value of ₹10/- each)	6.64 1189.51	1189.51	2.78 1189.51	0.13 1189.51
9	Other Equity				(892.79)
10	Earning Per Share of ₹ 10/- each)
	Basic & Diluted (in $\overline{\tau}$ ) (not annualised)	0.06	(0.10)	0.02	0.00

Okomish

NOTES:

• 1 The financial results of the Company have been prepared in accordance with Indian Accounting Standards ('Ind AS') notified under Section 133 of the Companies Act, 2013 ('the Act') read with the Companies (Indian Accounting Standards) Rules, 2015 as amended by the Companies (Indian Accounting Standards Amendment) Rules, 2016, and as per Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations,
• 2 The figures for the quarter ended March 31, 2021 are the balancing figures between audited figures in respect of the full financial year and the published year to date figures upto the end of third quarter which was subjected to Limited Review.
• 3 The Company is engaged primarily in the business of Business Centre Activities and as such no separate information is required to be published in terms of Ind AS 108-Operating segment.
• 4 The above results have been reviewed by the Audit Committee and approved by the Board of Directors of FGP Limited ('the Company') at their respective meetings held on August 10, 2021. The statutory auditors of the Company have carried out a limited review of the above results.
• 5 The Company has evaluated the possible effect that may result from COVID-19 pandemic in the preparation of these financial results and there is no such impact on the Company.
• 6 The figures have been regrouped/ rearranged wherever considered necessary to confirm to current period's classification and grouping.

On Behalf of the Board of Directors For FGP Limited

DIN:00080836 H.N.Singh Rajpoot

Date: August 10, 2021 Chairman Place: Mumbai

CHARTERED ACCOUNTANTS Tel.: 022-4048 2500 « Fax : 022-4048 2525

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Limited Review Report on the Unaudited Financial Results of FGPLimited for the quarter ended June 30, 2021, Pursuant to the Regulation 33 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015

To The Board of Directors FGP LIMITED

We have reviewed the accompanying statement of Unaudited Financial Results of FGP LIMITED ("The company"), for the quarter ended June 30, 2021, being submitted by the company pursuant to the requirements of Regulation 33 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015(the "Statement"). This statement is the responsibility of the Company's Management and has been approved by the Board of Directors. Our responsibility is to issue a report on these financial statements based on our review.

We conducted our review in accordance with Standard on Review Engagement (SRE) 2410, "Review of Interim Financial Information performed by the Independent Auditor of the Entity", issued by the Institute of Chartered Accountants of India. This standard requires that we plan and perform the review to obtain moderate assurance as to whether the financial statements are free of material misstatement. A review is limited primarily to inquiries of company personnel and analytical procedures applied to financial data and thus provide less assurance than an audit. We have not performed an audit and accordingly, we do not express an audit opinion.

Based on our review conducted as above, nothing has come to our attention that causes us to believe that the accompanying statement of unaudited financial results prepared in accordance with applicable accounting standards and other recognized accounting practices and policies laid down in the applicable Indian Accounting Standards (Ind AS) prescribed under section 133 of the Companies Act, 2013 read with relevant tules issued thereunder and other recognized accounting practices and policies has not disclosed the information required to : 'at be disclosed in terms of Regulation 33 of the SEBI (Listing Obligation & Disclosure Requirements) Regulations, a 2015 including the manner in which it is to be disclosed, or that it contains any material misstatement. ' [Branch Office : 310/312, Pride Purple Square, Kalewadi Phata, Wakad, Pune - 411 057 « Tel.: 020-6791 6565

For MVK Associates Chartered Accountants

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. Place: Mumbai Date:10August, 2021