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SONAM LIMITED Annual Report 2021
59023_rns_2021-06-26_85bfa336-4434-407c-a056-fa5d04b73ff0.pdf
Annual Report
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T0 The Manager, Listing Department, National Stock Exchange of India Ltd., 'Exchange Plaza', C-1 Block G, BandraKurla Complex, Bandra (East) Mumbai - 400051
SYMBOL: SONAMCLOCK
SUB: OUTCOME OF BOARD MEETING HELD ON 26TH JUNE, 2021
Dear Sir/Madam,
Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform you that Board of Directors in their meeting held on today, Saturday, 26th June, 2021 at the registered office of the Company situated at Survey No. 337/p, Morbi Rajkot Highway, Lajai, Tal. Tankara, Dist. Morbi-363641 commenced at 4.30 p.m. and concluded at 6.45 p.m. has approved and took on records following:
-
The Board of directors approved audited Financial Results along Audit report thereon for the half year and year ended on 31st March, 2021. Pursuant to regulation 33 of SEBI (LODR) Regulations, 2015 the Standalone Financial results with Audit report for the half year and year ended on 31st March, 2021 as given by M/s. S V K & Associates (FRN: 118564W), has been enclosed herewith as reviewed by the Audit committee and approved by the Board of directors.
-
The Board of directors approved reclassification of promoter and promoter Group to public category based on request received from Mr. Jatin Shashikant Movani subject to approval of members of the company and National Stock Exchange of India Ltd.
Please take the same on your record.
Thanking you. Yours Faithfully, For, SONAM CLOCK LIMITED
Javeshbhai C. Shah Chairman & Managing Director DIN:00500814
Sonam Clock Limited
CIN: U33302GJ2001PLC039689
Registered Office: Survey No.337/P Morbi Rajkot Highway, At Lajai, Tal. Tankara, Dist. Morbi, Gujarat - 363641. Phone: +91 2822 285017, 9978052717 Fax: +91 2822 285987. email: [email protected], url: www.sonamquartz.com
To The Manager, Listing Department, National Stock Exchange of India Ltd., 'Exchange Plaza', C-1 Block G, BandraKurla Complex, Bandra (East) Mumbai - 400051
SYMBOL: SONAMCLOCK
SUB: DECLARATION PURSUANT TO REGULATION 33 (3)(D) OF SEBI (LODR) REGULATIONS, 2015 WITH RESPECT TO AUDIT REPORT FOR THE YEAR ENDED ON 31ST MARCH, 2021 WITH UNMODIFIED OPINION
Dear Sir/Madam,
Pursuant to Regulation 33(3)(d) of SEBI (LODR) Regulations, 2015, we hereby confirm and declare that the statutory auditor of the company M/s. SVK & Associates (FRN:118564W), Chartered Accountants, Ahmedabad have issued Audit report with unmodified opinion in respect of Standalone Financial Results for the half year and year ended on 31st March, 2021 approved in the Board meeting held on 26th June, 2021.
Please take the same on your record. Thanking you. Yours Faithfully, For, SONAM CLOCK LIMITED
Javeshbhai C. Shah Chairman & Managing Director DIN:00500814
Sonam Clock Limited
CIN: U33302GJ2001PLC039689 Registered Office : Survey No.337/P Morbi Rajkot Highway, At Lajai, Tal. Tankara, Dist. Morbi, Gujarat - 363641. Phone: +91 2822 285017, 9978052717 Fax: +91 2822 285987. email: [email protected], url: www.sonamquartz.com
FORM A (FOR AUDIT REPORT WITH UNMODIFIED OPINION)
| Name of Company | Sonam Clock Limited |
|---|---|
| Annual Financial Statement for the year ended | 31 st March, 2021 |
| Type of audit observation | Unmodified |
| Frequency of observation | |
| To be Singed by | Sonam Clock Limited |
| 1. Jayeshbhai Chhabildas ShahChairman & Managing Director | Director |
| 2. Auditor of Company | |
Sonam Clock Limited
CIN: U33302GJ2001PLC039689 Registered Office: Survey No.337/P Morbi Rajkot Highway, At Lajai, Tal. Tankara, Dist. Morbi, Gujarat - 363641. Phone: +91 2822 285017, 9978052717 Fax: +91 2822 285987. email: [email protected], url: www.sonamquartz.com
Auditor's Report on Half Yearly Financial Results and Year to Date Results of Sonam Clock Limited Pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
To Board of Directors of M/S. SONAM CLOCK LTD.
We have audited the accompanying statement of financial results of M/S. SONAM CLOCK LIMITED for the half year ended 31/03/2021 and the year to date results for the period 01/04/2020 to 31/03/2021 attached herewith, being submitted by the company pursuant to the requirement of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (the "Listing Regulations"). These half yearly financial results as well as the year to date financial results have been prepared on the basis of the interim financial statements, which are the responsibility of the company's management. Our responsibility is to express an opinion on these financial results based on our audit of such interim financial statements, which have been prepared in accordance with the recognition and measurement principles laid down in Accounting Standard for Interim Financial Reporting (AS 25), prescribed, under Section 133 of the Companies Act, 2013 read with relevant rules issued there under; or by the Institute of Chartered Accountants of India, as applicable and other accounting principles generally accepted in India.
We conducted our audit in accordance with the auditing standards generally accepted in India. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial results are free of material misstatement(s). An audit includes examining, on a test basis, evidence supporting the amounts disclosed as financial results. An audit also includes assessing the accounting principles used and significant estimates made by management. We believe that our audit provides a reasonable basis for our opinion.
In our opinion and to the best of our information and according to the explanations given to us these half yearly financial results as well as the year to date results:
(i) are presented in accordance with the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 in this regard; and
SVK & ASSOCIATES
Chartered Accountants
C/701-702, Titanium Square, Thaltej Cross Road, S. G. Road, Ahmedabad-380054. Gujarat, India Ph.: +91 79 4032 0800 | 4900 0800 E.: svk @casvk.com | [email protected]
(ii) give a true and fair view of the net profit and other financial information for the half year ended 31/03/2021 as well as the year to date results for the period from 01/04/2020 to 31/03/2021
(iii) The Statement includes the results for the Half Year ended March 31, 2021, being the balancing figure between the audited figure in respect of full financial year and the published year to date figures up to the first half of the current financial year which were subjected to limited review by us.
For, SVK & Associates Chartered Accountants BASSOC AHMEDABAD Shilpang V. Karia Partner O ACCO M. No. 102114 Firm No. 118564W
Place: Morbi Date: 26th June, 2021
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UDIN: 21102114AAAAHA1607
T0 The Manager, Listing Department, National Stock Exchange of India Ltd., 'Exchange Plaza', C-1 Block G, BandraKurla Complex, Bandra (East) Mumbai - 400051
SYMBOL: SONAMCLOCK
SUB: OUTCOME OF BOARD MEETING HELD ON 26TH JUNE, 2021
Dear Sir/Madam,
Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform you that Board of Directors in their meeting held on today, Saturday, 26th June, 2021 at the registered office of the Company situated at Survey No. 337/p, Morbi Rajkot Highway, Lajai, Tal. Tankara, Dist. Morbi-363641 commenced at 4.30 p.m. and concluded at 6.45 p.m. has approved and took on records following:
-
The Board of directors approved audited Financial Results along Audit report thereon for the half year and year ended on 31st March, 2021. Pursuant to regulation 33 of SEBI (LODR) Regulations, 2015 the Standalone Financial results with Audit report for the half year and year ended on 31st March, 2021 as given by M/s. S V K & Associates (FRN: 118564W), has been enclosed herewith as reviewed by the Audit committee and approved by the Board of directors.
-
The Board of directors approved reclassification of promoter and promoter Group to public category based on request received from Mr. Jatin Shashikant Movani subject to approval of members of the company and National Stock Exchange of India Ltd.
Please take the same on your record.
Thanking you. Yours Faithfully, For, SONAM CLOCK LIMITED
Javeshbhai C. Shah Chairman & Managing Director DIN:00500814
Sonam Clock Limited
CIN: U33302GJ2001PLC039689
Registered Office: Survey No.337/P Morbi Rajkot Highway, At Lajai, Tal. Tankara, Dist. Morbi, Gujarat - 363641. Phone: +91 2822 285017, 9978052717 Fax: +91 2822 285987. email: [email protected], url: www.sonamquartz.com
To The Manager, Listing Department, National Stock Exchange of India Ltd., 'Exchange Plaza', C-1 Block G, BandraKurla Complex, Bandra (East) Mumbai - 400051
SYMBOL: SONAMCLOCK
SUB: DECLARATION PURSUANT TO REGULATION 33 (3)(D) OF SEBI (LODR) REGULATIONS, 2015 WITH RESPECT TO AUDIT REPORT FOR THE YEAR ENDED ON 31ST MARCH, 2021 WITH UNMODIFIED OPINION
Dear Sir/Madam,
Pursuant to Regulation 33(3)(d) of SEBI (LODR) Regulations, 2015, we hereby confirm and declare that the statutory auditor of the company M/s. SVK & Associates (FRN:118564W), Chartered Accountants, Ahmedabad have issued Audit report with unmodified opinion in respect of Standalone Financial Results for the half year and year ended on 31st March, 2021 approved in the Board meeting held on 26th June, 2021.
Please take the same on your record. Thanking you. Yours Faithfully, For, SONAM CLOCK LIMITED
Javeshbhai C. Shah Chairman & Managing Director DIN:00500814
Sonam Clock Limited
CIN: U33302GJ2001PLC039689 Registered Office : Survey No.337/P Morbi Rajkot Highway, At Lajai, Tal. Tankara, Dist. Morbi, Gujarat - 363641. Phone: +91 2822 285017, 9978052717 Fax: +91 2822 285987. email: [email protected], url: www.sonamquartz.com
FORM A (FOR AUDIT REPORT WITH UNMODIFIED OPINION)
| Name of Company | Sonam Clock Limited |
|---|---|
| Annual Financial Statement for the year ended | 31 st March, 2021 |
| Type of audit observation | Unmodified |
| Frequency of observation | |
| To be Singed by | Sonam Clock Limited |
| 1. Jayeshbhai Chhabildas ShahChairman & Managing Director | Director |
| 2. Auditor of Company | |
Sonam Clock Limited
CIN: U33302GJ2001PLC039689 Registered Office: Survey No.337/P Morbi Rajkot Highway, At Lajai, Tal. Tankara, Dist. Morbi, Gujarat - 363641. Phone: +91 2822 285017, 9978052717 Fax: +91 2822 285987. email: [email protected], url: www.sonamquartz.com