Rollatainters Ltd. — Interim / Quarterly Report 2021

Sep 15, 2020

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Ref.No.: RTL/BSE/NSE/2020-21 Date: 15[th] September 2020

To,

The Secretary BSE Limited Phiroze Jeejeebhoy, Towers Limited Dalal Street, Mumbai - 4000 01	The Secretary National Stock Exchange Limited, Exchange Plaza Bandra Kurla Complex, Bandra (E) Mumbai - 400 051
Scrip Code: 502448	Symbol: ROLLT

Sub.: Outcome of the Board Meeting held on 15.09.2020

Dear Sir/Ma’am,

Pursuant to the provisions of Regulation 30 of SEBI (Listing Obligations and Disclosures Requirement) Regulations, 2015, we wish to inform you that the Board of Directors of the Company in its meeting held today i.e. Tuesday, September 15, 2020 has inter-alia approved the Unaudited Standalone and Consolidated Financial Results of the Company for the Quarter ended on June 30, 2020 and other items as mentioned below. Consequent to the same, we enclose, in terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the following:

1. Unaudited Standalone and Consolidated Financial Results for the Quarter ended on June 30, 2020.

2. Limited Review Report on the aforesaid Unaudited Standalone and Consolidated Financial Results for the Quarter ended on June 30, 2020.

3. Appointment of Ms. Smriti Wadehra an associate member of Institute of Company Secretary of India (ICSI) as Company Secretary and Compliance officer of the Company.

4. Appointment of M/s Shukla Gupta Arora, Practicing Chartered (FRN No. 027335N) as statutory auditor of the Company to fill the casual vacancy arises due to resignation of previous statutory auditor i.e. CA Raj Gupta & Co.

5. Approve the reappointment of Mr. Brajinder Mohan Singh for second term of five consecutive years as Independent Non-Executive Director of the Company, subject to the approval of shareholders at the forthcoming General Meeting.

The said results have been uploaded on the website of the BSE Limited, and on the website of the Company at www.rollatainers.in.

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The meeting commenced at 04:00 P.M. and concluded at 006:20 P.M.

You are requested to take the same on records.

Thanking You, Yours faithfully,

For Rollataibers Limited

PYUSH Digitally signed by PYUSH GUPTA GUPTA Date: 2020.09.15 18:24:30 +05'30' (Pyush Gupta) Whole Time Director DIN: 03392865

PYUSH GUPTA

Digitally signed by PYUSH GUPTA Date: 2020.09.15 18:06:53 +05'30'

Notes	to financial result
	The above unaudited		financial			results				of the company			for the	quarter	& year ended		June-2020,				were	reviewed			by		the audit	committee	& approved by the			board of
	directors at the meeting held					on	15th		September 2020.
	The Financial results have been prepared in with relevant rules thereunder and in terms										accrodance with of regulationsof			Indian Accounting Standards ('Ind AS')prescribed under Scdion 133 of Companies Act, 2013 the SEBI (ListingObligationsand Disclosure Requirements)Regulations, 2015 (as amended).																			read
	Previous year figureshave				been		regrouped and rearranged wherever								necessary	to make			them		comparable			with		those of current year.
	The Consolidated	Financial			Results			Include			financial		Results	of the subsidiaries		RT Packaging					Ltd., Boutonniere					HospitalityPvt. Ltd. and JV Rollatainers						Toyo
	Machines Pvt. Ltd.
5	'The COVID-19 pandemic outbreak across the nation and worldwide and Consequential nationwide Jock down significantdecline and volatility in the globalas well as Indian Financial markets and slowdown in the economic immediately shifted to ensuring the health and well-being of all employees' The Company is sensitive about the operations, which will be realized only in the future financial results of the Company.'																									imposed since March 24, 2020, has caused activities. For the Company, the focus impact of the Pandemic on its business						a
	Segment wise Revenue,			Results,			(Consolidated):
	Particulars																						Quarter				Quarter			Quarter	Year		ended
																							Ended					Ended		Ended		31.03.2020
																							30.06.2020 31.03.2020							30.06.2019
	Segment Revenue a) Packaging b) Food																										688 504	1,570 1,652		1,997 1,618			6,466 8,007
	Total																										1,192	3,222		3,616			14,473
	Segment Results a) Packaging	[Profit/(loss)					before			Tax	and Interest]																-288 -331	-421 -133		-444 25			-1,515 -88
	b) Food																										-620	-554		-419			-1,603
	Total
																											259	254		126			687
	Less : Interest Profit before Tax																										-879	-809		-546			-2,290
	Capital Assets a) Packaging b) Food Total																										15,941 23,274 39,215	17,083 25,756 42,839		16,m 9,938 26,710			17,083 25,756 42,839
	Segment LiabiHties a) Packaging b) Food Total																										13,219 22,406 35,625	13,559 22,890 36,449		15,102 5,748 20,850			13,559 22,890 36,449
																											For	RO LIA T AINERS LIMITED
																											PYUSH			Digitally signed by PYUSH GUPTA
																											GUPTA			Date: 2020.09.15 18:06:30 +05'30'
																												Pyash		Gupta
	Date: 15-09-2020																											Whole Time		Director
	Place : New Delhi																											DIN: 03392865

INDEPENDENT AUDITORS’ REVIEW REPORT

To

The Board of Directors of,

ROLLATAINERS LIMITED

We, have reviewed the accompanying statement of standalone unaudited financial results of M/s ROLLATAINERS LIMITED (‘the company) for the quarter ended 30[th] June, 2020 being submitted by the company pursuant to the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, (as amended) (“Listing Regulations”), including relevant circulars issued by the SEBI from time to time.

This Statement, which is the responsibility of the company's management, and approved by Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standards 34, Interim Financial Reporting (IND AS 34) prescribed under section 133 of the Companies Act, 2013 ("the Act"),SEBI Circular CIR/CFD/FAC/62/2016 dated 5 July 2016 and (hereinafter referred to as 'the SEBI Circular')and other accounting principles generally accepted in India. Our responsibility is to express a conclusion on the Statements based on our review.

We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 2410, Review of Interim Financial Information Performed by the Independent Auditor of the Entity, issued by the Institute of Chartered Accountants of India. A review of interim financial information consists of making inquiries, primarily of persons responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with the Standards on Auditing specified under Section 143(10) of the Act, and consequently, does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion.

Emphasis of Matter

We draw attention to the following:

• Trade Payables, Security Deposit from Customers & Advances taken from Customers, are subject to confirmation/reconciliation.

Conclusion

Based on our review conducted as above, nothing has come to our attention that causes us to believe that the accompanying Statement, prepared in accordance with the recognition and measurement principles laid down in Ind AS 34, prescribed under Section 133 of the Act, the SEBI Circular(s), and other accounting principles generally accepted in India, has not disclosed the information required to be disclosed in accordance with the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended), including the manner in which it is to be disclosed, or that it contains any material misstatement

For Raj Gupta & Co. Chartered Accountants

Raj Gupta Partner Membership No. 017039 Dated: 15.09.2020 UDIN:-20017039AAAAEL2955 Place: New Delhi

INDEPENDENT AUDITOR’S REVIEW REPORT

To

The Board of Directors of,

ROLLATAINERS LIMITED

We, have reviewed the accompanying statement of Consolidated unaudited financial results of M/s ROLLATAINERS LIMITED (‘the holding company or company’), its subsidiaries and joint venture, for the quarter ended June 30, 2020 (‘the statement’) being submitted by the company pursuant to the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, including relevant circulars issued by SEBI from time to time.

This Statement, which is the responsibility of the holding company's management, and approved by Holding Company`s Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standards 34, Interim Financial Reporting (IND AS 34) prescribed under section 133 of the Companies Act, 2013 ("the Act"),SEBI Circular CIR/CFD/FAC/62/2016 dated 5 July 2016 (hereinafter referred to as 'the SEBI Circular')and other accounting principles generally accepted in India. Our responsibility is to express a conclusion on the Statements based on our review.

We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 2410, Review of Interim Financial Information Performed by the Independent Auditor of the Entity, issued by the Institute of Chartered Accountants of India. A review of interim financial information consists of making inquiries, primarily of persons responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with the Standards on Auditing specified under Section 143(10) of the Act, and consequently, does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion.

We also performed procedures in accordance with the SEBI Circular CIR/CFD/CMD1 /44/2019 dated 29 March 2019 issued by the SEBI under Regulation 33 (8) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended), to the extent applicable.

The statement includes the following entities-

• a) RT Packaging Ltd. (Subsidiary)

• b) Boutonniere Hospitality Private Limited (Subsidiary)

• c) Rollatainers Toyo Machines Private Limited (Joint Venture)

Emphasis of Matter

We draw attention to the following:

• a) Trade Payables, Security Deposit from Customers & Advances taken from Customers are subject to confirmation/reconciliation.

Conclusion

Based on our review conducted as above, nothing has come to our attention that causes us to believe that the accompanying consolidated statement, prepared in accordance with the applicable Accounting Standards (lnd AS) and other recognized accounting practices and policies, has not disclosed the information required to be disclosed in terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015(amended), including the manner in which it is to be disclosed, or that it contains any material misstatement.

For Raj Gupta & Co. Chartered Accountants

Raj Gupta Partner

Membership No. 017039 Dated: 15.09.2020 UDIN:-20017039AAAAEM1446 Place: New Delhi