TASHI INDIA LIMITED

CIN : L51900MH1985PLC036521

. Office ice :Imambada : - 440 018 (MS) (INDIA) Road, NAGPUR- 44 ee *+91 712 2720071-75 Fax: 0712- 2723068 Email [email protected] Website: www. tashiindia.com

TIL/SEC/2021-22/28 November 11, ²⁰²¹

The Corporate Compliance Department BSE Limited Ist Floor, New Trading Ring, Rotunda Building, PJ Tower, Dalal Street, Mumbai- 400001

Scrip Code: 512271 Sub: Outcome of Board Meeting held on 11" November, ²⁰²¹

Dear Sir/Madam.

Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 this is to inform you that:

1. The Meeting of the Board of Directors of the Company was held on Thursday, 11'" November. 2021 at 2.00 P.M and concluded at 4:00 P.M.
1. Situated The following business were transacted at the meeting at the Registered Office of the Company at Imambada Road. Nagpur 440018:

Indian i) Approved Accounting and taken on record the Unaudited Standalone & Consolidated Financial Results as per Auditors of Standards (IND AS) alongwith Limited Review Report by the Statutory the Company for the Second Quarter ended 30" September, 2021.

Second We have Quarter enclosed and herewith Half the statement of Standalone & Consolidated Unaudited Financial Results for the provided by the Statutory Year Auditors ended 30" September, 2021 duly signed along with Limited Review Report as of the Company.

You are therefore requested to take the aforesaid on your record and oblige.

Thanking You

Yours Faithfully For TASHI INDIA LIMITED

COMPANY SECRETARY

Encl: As above

Independent Auditor's Review Report on the Quarterly Un-Audited Standalone 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 Tashi India Limited Nagpur

We have reviewed the accompanying statement of unaudited financial results of M/s TASHI INDIA LIMITED (" The Company") for the quarter and half year ended on 30th September, 2021 attached herewith, being submitted by the company pursuant to the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015, as amended.

The Statement, which is the responsibility of the Company's Management and approved by the Company's Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34, Interim Financial Reporting ('Ind AS 34'), prescribed under Section 133 of the Companies Act, 2013 ('the Act'), read with relevant rules issued thereunder and other accounting principles generally accepted in India. Our responsibility is to express a conclusion on the Statement based on our review.

We conducted our review in accordance with the standard on Review Engagement (SRE) 2410, Engagements to 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 provides 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 (Ind As) under section 133 of the Companies Act, 2013, read with relevant rules issued there under and other recognised accounting practices and policies generally accepted in India, has not disclosed the information required to be disclosed in terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 including the manner in which it is to be disclosed, or that it contains any material misstatement.

Place: Nagpur (Camp) For VMSS & Associates Chartered Accountants Date: 11th November, 2021 Firm Registration No. 328952E

Aditya Sethia Date: 2021.11.11 15:24:55 +05'30'

Partner Membership No-311293 UDIN: 21311293AAAAMH5888

TASHI INDIA LIMITED

Registered Office: lmambada Road, Nagpur- ⁴⁴⁰⁰¹⁸(MH) India.Tel.: +91-0712-2720071, Fax : 0712-2723068; E-ma/f : [email protected]; Website : www.tashllndla.com CIN: L51900MH1985PLC038521

Statement of Standalone Un-Audited Financial Results for the Second Quarter & Half Year ended on 30'" September, 2021

Corresponding Preceding Three Three months Three Months Half Year months ended Particulars Half Year ended ended In the ended 30/09/2021 ended 30/06/2021 30/09/2020 (Unaudited) previous year 30/09/2021 (Unaudited) (Unaudited) 30/09/2020	(RS. IN LAKHSI Year Ended 31/03/2021 (Audited)
(Unaudited) (Unaudited)
1 Income from operations
a) Revenue from Operations 37.34
35.82 67.20 73.16 135.35 b) Other Income 2.91	186.70
0.48 0.30 3.39 0.30 Total Revenue 40.25
36.30 67.50 76.55 135.65 2 Expenses	186.70
a) Employee benefit expenses 4.45 3.74
3.88 8.19 7.11 b) Change in Inventories	15.30
,.,) Finance Cost 13.62 13.48 56.49 27.10
117.20 d) Depreciation and amortisation expenses 0.18 0.18 0.32 0.36 0.50	145.67 0.75
e) Other Expenses 2.76 3.02 3.45 5.78 5.92
!Total Expenses 21 .01 20.42 64.14 41.43 130.73	11.85
3 Profit /(Loss) before Exceptional Items and Extraordinary Items and Tax 19.24 15.88 3.36 35.12 4.92	173.57 13.13
4 Exceptional Items
5 Profit(+)/ Loss(·) before Extraordinary Items & Tax 19.24 15.88 3.36 35.12 4.92	13.13
6 [Tax Expense 5.12 3.98 0.85 9.10 1.24	(20.26)
Net Profit(+)/ Loss(·) after Tax 7 14.12 11 .90 2.51 26.02 3.68	33.39
8 Other Comprehensive Income (Net of tax) 52.00 34.59 9.99 86.59 40.02	108.11
9 [Total Comprehensive Income (TCI) (After 66.12 fTax) [7+8] 46.49 12.50 112.61 43.70	141 .50
Share of ProfiU(Loss) of associates 10
11 Minority interest
12 Net profiU(Loss)- TCI after taxes.minority interest and share of profiU(Loss) of 66.12 46 .49 12.50 112.61 43.70 !associates	141.50
13 Paid up Equity Share Capital (Face value of 74.25 74 .25 74 .25 74.25 Rs. 10/- each) 74.25	74.25
14 Other Equity	1,133.05
15 i)Eaming Per Share in Rupees face value of Rs 10/- Each(not annualised)
a) Basic & diluted 8.91 6.26 1.68 15.17 5.89	19.06

NOTES ON ACCOUNTS:-

The ~bove financial results are published in accordance with regulation 33 of the SEBI (Listing Obligation & Disclosure Requrements) Reg_ulations,2015, ha~e been reviewed by the Audit committee, approved by the Board of Directors and limited review by the statutory Auditors at their meetings held on 11¹ • November ²⁰²¹ . These financial results are in accordance with the Indian Accounting Standards (IND AS) as prescribed under Section 133 of the Companies Act 2013, read with rule 9 of the Companies [Indian Accounting Standards) Rules, 2015 and Companies (Indiaⁿ Accounting Standards) (Amendement Rules). 2016.
The Company is engaged primarily in the business of financing/Investing and accordingly there are no separate reportable segments as per Ind AS 108 dealing with Operating Segment.
Disclosure of Standalone assets & liabilities as per Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 as at 30th Septemner, 2021. (As Attached )

4 . Disclosure of Standalone statement of Cashflow as per Regulation 33 of the SEBI (Listing Obligations and DisclosureRequirements) Regulations, 2015 as at 30th September, ²⁰²¹ . (As Attached)

Previous year/ quarter figures are regrouped/restated wherever necessary.

FORTAS~ Aditya

AKSHAY RANKA DIRECTOR

Sethia by Aditya Sethia Date: 2021.11.11 15:30:43 +05'30'

Digitally signed

3. Disclosure of standalone assets and liabilities as per Reg I t' 33 ^f u a 10n o the SEBI (Li f Obi' . and Disclosure Requirements) Regulations, 2015. s mg igations

	(RS.IN LAKHS)
	PARTICULARS	Half Year Ended 30/09/2021 (Unaudited)	Year ended 31/03/2021 (Audited)
A.	ASSETS
1	Financial assets
	(a) Cash and Cash Equivalents	21.46	7.26
	(b) Bank balances other than (a) above	0.02	314.00
	(i) Trade Receivables	18.70	18.70
	(c) Loans	1,521 .64	1436.64
	(d) Investments	438.33	321 .31
	(e) Other financial Assets	73.38	0.22
	Sub Total Financial Assets	2,073.53	2,098.13
2	Non Financial assets
	(a) Current tax Assets (net)	(1 .02)	38.46
	(b) Property.Plant & Equipment	68.20	68.56
	(c) Deferred tax Assets (Net)	(7.32)	(7.32)
	(d) Other Non financial Assets	6.11	6.10
	Sub Total -Non Financial assets TOT AL ASSETS	65.97 2139.50	105.80 2 203.93
B	EQUITY AND LIABILITIES
1	Equity
	(a) Share Capital	74.25	74.25
	(b) Other Equity	1,245.66	1133.05
	Sub Total Equity	1,319.91	1,207.30
2	Financial Liabilities (a) Trade payables	-	-
	(i) total outstanding dues of micro enterprises and small
	enterprises	-	-
	(ii) total outstanding dues of creditors other than micro enterprises and small enterprises	-	-
	( b) Borrowings (Other than Debt securities)	785.46	971 .52
	( c) Other Financial liabilities	26.80	6.42
	Total Financial Liabilities	812.26	977.94
3	Non-Financial Liabilities
	(a) Provisions	5.75	5.75
	( b) Other non-financial liabilities	1.58 7.33	12.94 18.69
	Total Non Finacial Liabilities	819.59	996.63
	TOT AL EQUITY & LIABILITIES	2,139.50	2,203.93

Aditya Sethia Sethia Date: 2021.11.11 15:31:08 +05'30'

Digitally signed by Aditya

FOR TASHI INDIA LIMITED

AKSHAY RANKA DIRECTOR

PLACE:NAGPUR DATED: 11TH NOVEMBER, 2021

4. Disclosure of Standalone Statement of Cash Flow as Obligations and Disclosure	R 33	-
Requireme~;;) Regulfttn	of the SEBI egu a ions, 2015.	(Listing
CASH FLOW STATEMENT
		(RS.IN LAKHS)
PARTICULARS	Half Year ended 30/09/2021 (Unaudited)	Year ended 31/03/2021 (Audited)
A. CASHFLOW FROM OPERATING ACTIVITIES
NET PROFIT BEFORE TAX & EXTRA ORDINARY ITEMS
ADJUSTED FOR	35.12	13.12
FAIR VALUE IMPACT OF INVESTMENTS	86.59	108.11
DEPRECIATION	0.36	0.75
LESS ADJUSTMENT FOR: OPERATING PROFIT BEFORE WORKING CAPITAL CHANGES CHANGES IN TRADE & OTHER RECEIVABLES LOANS AND ADVANCES TRADE PAYABLES INVENTORIES CASH GENERATED FOR OPERATIONS LESS: INTEREST PAID DIRECT TAXES/ PROVISION WRITTEN BACK NET CASH FROM OPERATING ACTIVITIES	122.07 (73.17 (85.00 9.02 - (27.08) - 30.37 3.30	121.98 2.38 (54.36) (5.24) - 64.76 - 41.91 106.68
8. CASHFLOW FROM INVESTING ACTIVITIES PURCHASE/(SALE) OF SHARES(INVESTMENTS) (Including Fair Value of Investment)	(117.02	(146.13)
NET CASH USED IN INVESTING ACTIVITIES C. CASHFLOW FROM FINANCING ACTIVITIES	(117.02)	(146.13)
PROCEEDS FROM SHORT/LONG TERM BORROWINGS	(186.06	(650.26)
NET CASHFLOW FROM FINANCING ACTIVITIES	(186.06)	(650.26)
NET CHANGES IN CASH & CASH EQUIVALENTS(A+B+C)	(299.78)	(689.71)
CASH & CASH EQUIVALENTS-OPENING BALANCE	321 .26	1010.97
C,4.SH & C,AJSH EQUltvALENTS-CLOSING BALANCE	21.48	321 .26
	(299.78)	(689.71)

I / -

⁰¹ . Proceeds from long term and other borrowings are shown net of repayment.

Cash and Cash equivalents represent cash and bank balances only including Fixed Deposits.

Independent Auditor's Review Report on the Quarterly Un-Audited Consolidated 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 Tashi India Limited Nagpur,

We have reviewed the accompanying statement of unaudited consolidated financial results of M/s TASHI INDIA LIMITED ("The Holding Company) and its Associate (the Holding company and its Associate together referred to as "the Group") for the quarter and half year ended on 30th September, 2021, attached herewith, being submitted by the company pursuant to the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015, as amended.

Place: Nagpur (Camp) For VMSS & Associates

Chartered Accountants Date: 11th November, 2021 Firm Registration No. 328952E

Aditya Sethia Partner Membership No-311293 UDIN: 21311293AAAAMI4126

TASH! INDIA LIMITED

Registered Office: /mambada Road, Nagpur- 440018 (MH) India. Tel. : +91-0712-2720071, Fax: 0712-2723068; E-mail: [email protected]; Website: www.tashiindla.com CIN : L51900MH1985PLC036521

Statement of Consolidated Un-Audited Financial Results for the Second Quarter & Half Year ended on 30111 September, 2021
	Particulars	Three Months ended 30/0912021 (Unaudited)	Preceding Three months ended 3010612021 (Unaudited)	Corresponding Three months ended In the previous year 3010912020 (Unaudited)	Half Year ended 30/0912021 (Unaudited)	Half Year ended 3010912020 (Unaudited)	(RS. IN LAKHS) Year Ended 3110312021 (Audited)
1	Income from operations
	a) Revenue from Operations	37.34	35.82	67.20
	b) Other Income	2.91	0.48	0.30	73.16 3.39	135.35	186.70
	Total Revenue	40.25	36.30	67.50		0.30
2	Expenses				76.55	135.65	186.70
	a) Employee benefit expenses	4.45	3.74	3.88	8.19	7.11
	b) Change in Inventories c) Finance Cost						15.30
	d) Depreciation and amortisation	13.62	13.48	56.49	27.10	117.20	145.67
	expenses	0.18	0.18	0.32	0.36	0.50	0.75
	e) Other Expenses Total Expenses	2.76	3.02	3.45	5.78	5.92	11 .85
3	Profit	21 .01	20.42	64.14	41.43	130.73	173.57
4	/(Loss) before Exceptional Items and Extraordinary Items and Tax Exceptional Items	19.24	15.88	3.36	35.12	4.92	13.13
5	Profit(+)/ Loss(·) before
6	Extraordinary Items & Tax IT ax Expense	19.24	15.88	3.36	35.12	4.92	13.13
7	Net Profit(+) I Loss(·) after Tax	5.12	3.98	0.85	9.10	1.24	(20.26)
8	Other Comprehensive Income (Net of tax)	14.12	11 .90	2.51	26.02	3.68	33.39
9	!Total Comprehensive Income (TCI )	52.00	34.59	9.99	86.59	40.02	108.11
10	(After Tax) (7+8] Share of Profit/(Loss) of associates	66.12	46.49	12.50	112.61	43.70	141 .50
11	Minority interest
12	Net
	profit/(Loss)- TCI after taxes.minority interest and share of profit/(Loss) of	66.12	46.49	12.50	112.61	43.70	141.50
13	Paid up Equity Share Capital (Face value of Rs. 10/- each)	74.25	74.25	74.25	74.25	74.25	74.25
14 15	Other Equity						1,232.61
	i)Eaming Per Share in Rupees face value of Rs 10/- Each(not annualised)
	a) Basic & diluted	8.91	6.26	1.68	15.17	5.89	19.06

NOTES ON ACCOUNTS:-

The above financial results are published in accordance with regulation 33 of the SEBI (listing Obligation & Disclosure Requrements) Regulations,2015, have been reviewed by the Audit committee, approved by the Board of Directors and limited review by the statutory Auditors at 133 their of meetings held on 11'" November ²⁰²¹ . These financial results are in accordance with the Indian Accounting Standards (IND AS) as prescribed under Section the Companies Act 2013, read with rule 9 of the Companies [Indian Accounting Standards) Rules, 2015 and Companies (Indian Accounting Standards) (Amendemenl Rules), 2016.

AS 2. The Company is engaged primarily in the business of financing/Investing and accordingly there are no separate reportable segments as per Ind ¹⁰⁸dealing with Operating Segment.

Disclosure of Consolidated assets & liabilities as per Regulation 33 of the SEBI (listing Obligations and Disclosure Requirements) Regulations , ²⁰¹⁵as at 30th Septemner, 2021 . (As Attached)
Disclosure of Consolidated statement of Cashflow as per Regulation 33 of the SEBI (Listing Obligations and DisclosureRequirements) Regulations, 2015 as at 30th September, ²⁰²¹ . (As Attached)
Previous year/ quarter figures are regrouped/restated wherever necessary.

/ ' PLACE : NAGPUR AKSHAY RANKA DATE: 11th November, 2021 DIRECTOR

FORTASm:;

Aditya Sethia Digitally signed by Aditya Sethia Date: 2021.11.11 15:28:29 +05'30'

3. Disclosure of Consolidated assets and liabilities as per Regulation 33 of the SEBI (L' ^r Obi' f d . is rng 1ga ions an Disclosure Requirements) Regulations, 2015.

	STATEMENT OF ASSETS AND LIABILITIES		(RS.IN LAKHS)
	PARTICULARS	Half Year Ended 30/09/2021 (Unaudited)	Year ended 31/03/20 21 (Audited)
A.	ASSETS
1	Financial assets
	(a) Cash and Cash Equivalents	21.46	7. 26
	(b) Bank balances other than (a) above	0.02	314.00
	(i) Trade Receivables	18.7	18.70
	(c) Loans	1521.64	1436.64
	(d) Investments	537.77	420.87
	(e) Other financial Assets	73.38	0.22
	Sub Total Financial Assets	2,172.97	2,197.69
2	Non Financial assets		38.46
	(a) Current tax Assets (net) (b) Property,Plant & Equipment	(1 .02) 68.2	68.56
	(c) Deferred tax Assets (Net)	(7.32)	(7.32)
	(d) Other Non financial Assets	6.11	6.10
	Sub Total -Non Financial assets	65.97	105.80
	TOT AL ASSETS	2 238.94	2 303.49
8	EQUITY AND LIABILITIES
1	Equity	74.25	74.25
	(a) Share Capital (b) Other Equity	1,345.10	1232.61
	Sub Total Equity	1,419.35	1,306.86
2	Financial Liabilities
	(a) Trade payables	-	-
	(i) total outstanding dues of micro enterprises and	-	-
	small enterprises (ii) total outstanding dues of creditors other than
	micro enterprises and small enterprises	-	-
	( b) Borrowings (Other than Debt securities)	785.46	971.52
	( c) Other Financial liabilities	26.80	6.42
	Total Financial Liabilities	812.26	977.94
3	Non-Financial Liabilities
	(a) Provisions	5.75 1.58	5.75 12.94
	( b) Other non-financial liabilities Total Non Finacial Liabilities	7.33	18.69
		819.59	996.63
	TOTAL EQUITY & LIABILITIES	2,238.94	2,303.49

FOR TASHI INDIA LIMITED

a Sethia Digitally signed by Aditya Sethia Date: 2021.11.11 15:28:56 +05'30'

PLACE: NAGPUR AKSHAY RANKA

4. Disclosure of Consolidated Statement of Cash Flow as per Regulatio d o· f Obi' I Isc osure Requirements) Regulations, 2015. Iga ions an	f 33 n	o the SEBI (Listing
- CASH FLOW STATEMENT
	(RS.IN LAKHS)
PARTICULARS	Half Year ended 30/09/2021 (Unaudited)	Year ended 31/03/2021 (Audited)
A. CASHFLOW FROM OPERATING ACTIVITIES
NET PROFIT BEFORE TAX & EXTRA ORDINARY ITEMS	35.12	13. 12
ADJUSTED FOR
FAIR VALUE IMPACT OF INVESTMENTS	86.59	108.11 0.75
DEPRECIATION	0.36
LESS ADJUSTMENT FOR: OPERATING PROFIT BEFORE WORKING CAPITAL CHANGES	122.07	121.98
CHANGES IN	(73.17	2.38
TRADE & OTHER RECEIVABLES LOANS AND ADVANCES	(85.00	(54.36)
TRADE PAYABLES	9.02	(5.24)
INVENTORIES	-	-
CASH GENERATED FOR OPERATIONS	(27.08) -	64.76 -
LESS: INTEREST PAID DIRECT TAXES/ PROVISION WRITTEN BACK	30.37	41 .91
NET CASH FROM OPERATING ACTIVITIES	3.30	106.68

B. CASHFLOW FROM INVESTING ACTIVITIES PURCHASE/(SALE) OF SHARES(INVESTMENTS)	(117.02'	(146.1 3)
(Including Fair Value of Investment) NET CASH USED IN INVESTING ACTIVITIES	(117.02)	(146.13)
C. CASHFLOW FROM FINANCING ACTIVITIES PROCEEDS FROM SHORT/LONG TERM BORROWINGS	(186.06	(650.26)
NET CASHFLOW FROM FINANCING ACTIVITIES	(186.06)	(650.26)
NET CHANGES IN CASH & CASH EQUIVALENTS(A+B+C)	(299.78)	(689.71)
CASH & CASH EQUIVALENTS-OPENING BALANCE	321 .26	1010.97
C.4.SH & C/>JSH EQUII/ALENTS-CLOSING BALANCE	21 .48	321.26
	(299.78)	(689.71)

01 . Proceeds from long term and other borrowings are shown net of repayment.

Cash and Cash equivalents represent cash and bank balances only including Fixed Deposits.

AI assistant

Tashi India Ltd. Interim / Quarterly Report 2021

63677_rns_2021-11-11_eae2b349-1c2f-415d-aea0-1ac5ef36c8cd.pdf

TASHI INDIA LIMITED

TIL/SEC/2021-22/28 November 11, ²⁰²¹

Scrip Code: 512271 Sub: Outcome of Board Meeting held on 11" November, ²⁰²¹

TASHI INDIA LIMITED

NOTES ON ACCOUNTS:-

TASH! INDIA LIMITED

NOTES ON ACCOUNTS:-

3. Disclosure of Consolidated assets and liabilities as per Regulation 33 of the SEBI (L' ^r Obi' f d . is rng 1ga ions an Disclosure Requirements) Regulations, 2015.

AI assistant

Tashi India Ltd. — Interim / Quarterly Report 2021

63677_rns_2021-11-11_eae2b349-1c2f-415d-aea0-1ac5ef36c8cd.pdf

TASHI INDIA LIMITED

TIL/SEC/2021-22/28 November 11, 2021

Scrip Code: 512271 Sub: Outcome of Board Meeting held on 11" November, 2021

TASHI INDIA LIMITED

NOTES ON ACCOUNTS:-

TASH! INDIA LIMITED

NOTES ON ACCOUNTS:-

3. Disclosure of Consolidated assets and liabilities as per Regulation 33 of the SEBI (L' r Obi' f d . is rng 1ga ions an Disclosure Requirements) Regulations, 2015.

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Tashi India Ltd. Interim / Quarterly Report 2021

TIL/SEC/2021-22/28 November 11, ²⁰²¹

Scrip Code: 512271 Sub: Outcome of Board Meeting held on 11" November, ²⁰²¹

3. Disclosure of Consolidated assets and liabilities as per Regulation 33 of the SEBI (L' ^r Obi' f d . is rng 1ga ions an Disclosure Requirements) Regulations, 2015.