Solid Stone Company Ltd. — Regulatory Filings 2020

Jun 30, 2020

==> picture [468 x 77] intentionally omitted <==

June 30, 2020

To,

BSE Limited,

Dept. of Corporate Services Phiroze Jeejeebhoy Towers, Dalal Street, Fort, Mumbai – 400001

Scrip Code: 513699

Dear Sir/Madam,

Sub: Outcome of the Board Meeting pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirement) Regulations, 2015:

Ref: Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Pursuant to Regulation 30 & 33 of SEBI (Listing Obligations and Disclosure Requirement) Regulations, 2015, we wish to inform you that the Board, at its meeting held today i.e. on June 30, 2020, has inter alia considered and approved the following transactions:

1. Audited Financial Results (both Standalone and Consolidated) along with the Independent Auditor's Report by the Statutory Auditors M/s. Ashar & Co., Chartered Accountants, for the quarter and Financial Year ended March 31, 2020, Statement of Assets and Liabilities as on March 31, 2020 and Statement of Cash flow for the year ended on March 31, 2020.

2. Declaration with respect to unmodified opinion on Audited Financial Results for the year ended on March 31, 2020.

3. The Board of Directors has not recommended any dividend for Financial Year ended on March 31, 2020.

4. The Board of Directors after recommendation by Audit Committee at their respective meetings held today i.e. on June 30, 2020, subject to the approval of Members in the forthcoming Annual General Meeting, recommended the appointment of M/s MERCHANT & CO., Chartered Accountants (Firm Reg No.:145290W), as the Statutory Auditors of the Company for the term of five years, from the conclusion of 30[th] AGM until the conclusion of 35[th] AGM of the Company,

==> picture [452 x 83] intentionally omitted <==

==> picture [468 x 77] intentionally omitted <==

in place of M/s Ashar & Co., Chartered Accountants, (Firm Reg No. 129159W) the existing Statutory Auditors of the Company, whose term of appointment expires in the forthcoming Annual General Meeting of the Company.

The brief profile of M/s. MERCHANT & CO., Chartered Accountants is given below:

M/s MERCHANT & CO., Chartered Accountants (Firm Reg No. 145290W) was established on July 14, 2017. The firm has a group of experienced and dedicated qualified professionals. The firm is experienced in carrying out various assignments in multiple disciplines. The Propreitor, CA Ushma Merchant has considerable experience in handling various types of assignments.

1. Approved the Board’s Report for the Financial Year ended on March 31, 2020.

2. Approved the Re-appointment of M/s. Bhavesh J. Joshi & Co. as the Internal auditors of the Company for the Financial Year 2020-2021.

3. Approved Re-appointment of Mr. Jinang Shah of M/s. Jinang Shah & Associates, Practicing Company Secretaries (M. No.: A38194 & COP No.:14215) as Secretarial Auditor of the Company for the Financial Year 2020-2021.

The Board Meeting commenced at 4:00 p.m. and concluded at 05.40 p.m.

We request you to kindly take the same on record.

For Solid Stone Company Limited

==> picture [83 x 56] intentionally omitted <==

Hardik Valia Company Secretary ACS: 22571

==> picture [452 x 83] intentionally omitted <==