Uniworth Securities Limited — Annual Report 2021

Jul 14, 2021

14th July, 2021

The Secretary BSE Limited Floor 25, P J Towers Dalal Street Mumbai — 400 001

Sub: Outcome of Adjourned Board Meeting dated July 14, 2021

Ref: Regulation 33 and other applicable provisions of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

Re: Scrip Code: 512408

Dear Sir,

This is to inform you that the Board of Directors of the Company at its Meeting held today i.e. on July 14, 2021 has approved following:

• (a) Audited Financial Results (Standalone & Consolidated) of the Company for the Quarter and Year ended March 31, 2021 alongwith the Statement of Assets and Liabilities.
• (b) Pursuant to Regulation 33 of the Listing Regulations, we are enclosing herewith the Audited Financial Results (Standalone & Consolidated) for the Quarter and Year ended 31° March, 2021 alongwith Statement of Assets and Liabilities in the prescribed format and the Auditors Report on the Annual Audited Financial Results.

Further, Declaration pursuant to the provisions of Regulation 33 (3) (d) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 for the Financial Year ended 31% March, 2021 is enclosed herewith.

(c) The Financial Results are being published in newspaper as required under the provisions of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

¢ 2 Regd Office : Green Acres, 2 Nazar All Lane, 4th Floor, Flat-4A, Kolkata - 700 019 a) a i Phone : 91 (33) 4072 ⁶⁰²⁹

\ —Syrp. Office : Rawdon Chambers, 11A, Saro]In!I Naldu Saran, 4th Floor, Unit 4B, Kolkata - 700 ⁰¹⁷SB) aoe Phone : +91(33) 4003 1301 Email ID ; IndoworthholdingslImited@gmall.com =e Website : www.unlworthsecuritles.com, CIN ; L51900WB1985PLC227336

• {d) Noted the Demise of Mr. Nurani Subramanian Ramanathan (DIN: 03326478) who has ceased to be an Executive Director of the Company due to his demise on 25" April, 2021.
• Pursuant to Regulation 30 read with PARA A of PART A of Schedule Ill of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and based on the recommendation of Nomination and Remuneration Committee of the Board, we wish to inform you that Mr. Harish Kant Mandhre, has been appointed as Additional Director and subsequently designated as Executive Director of the Company w.e.f. 14.07.2021 duly approved at the Board Meeting held on today.

The details of Mr. Harish Kant Mandhre as per the Regulation 30 of the of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular No. CIR/CFD/CMD/4/2015 dated 9'September, 2015 is enclosed herewith as "Annexure II".

The aforesaid documents are also placed on the website of the Company at www.uniworthsecurities.com

The meeting commenced at 3.30 P.M. and concluded at 4.25 P.M.

Kindly take the same on record.

Thanking you,

Yours faithfully, For Indoworth Holdings Limited (Formerly Uniworth Securities Limited)

(Qi-

Shyam Kumar Rathi Company Secretary & Compliance Officer Membership No. ACS 45602

Encl: As above

Regd Office : Green Acres, 2 Nazar All Lane, 4th Floor, Flat-4A, Kolkata - 700 019 Phone : 91 (33) 4072 6029 Corp. Office : Rawdon Chambers, 11A, Sarojin] Naldu Sarani, 4th Floor, Unit 4B, Kolkata - 700 017 Phone : +91(33) 4003 1301 Emall ID: Indoworthholdingslimited@gmail.com Website : www.uniworthsecurities.com, CIN : L51900WB1985PLC227336

	INDOWORTH HOLDINGS LIMITED (Formerly Uniworth Securities Limited)
		ANNEXURE II
Information Obligations and	under Regulation required 30 as Requirements) Disclosure CIR/CFD/CMD/4/2015 dated gn September, 2015 AS EXECUTIVE DIRECTOR OF THE COMPANY	of Schedule of SEBI (Listing Part A III - Regulations, 2015 read with No. SEBI circular APPOINTMENT OF MR. HARISH KANT MANDHRE AS ADDITIONAL DIRECTOR AND SUBSEQUENTLY
Sr. No.	Details of Event	Information(s) of such event
01.	Reason for change viz. appointment, removal, death resignation, or otherwise	Mandhre,has been Mr. Harish Kant appointed Additional Director and as subsequently Executive Director of the as Company.
02.	appointment Date term and of of appointment	14™ July, 2021
03.	Brief Profile (in case of appointment)	Commerce Mandhre Harish Kant Mr. a is Graduate. He is having more than 21 years experience in Accounts and Finance.
04.	between Disclosure of relationships Directors (in case of appointment of a Director/ KMP's}	Mr. Harish Kant Mandhre is not related to any Directors/ KMP's of the Company.

Regd Office : Green Acres, 2 Nazar All Lane, 4th Floor, Flat-4A, Kolkata - 700 019 Phone : 91 (33) 4072 6029

Corp. Office : Rawdon Chambers, 11A, SarojInI Naldu Saranl, 4th Floor, Unit 4B, Kolkata - 700 ⁰¹⁷ Phone : +91(33) 4003 1307 Email ID : indoworthholdingsiimited@gmail.com Website : www.unlworthsecurities.com, CIN : L51900WB1985PLC227336

Telephone : 2237-8631/8690/2221-7546 e-mail : goenkashaw@gmail.com

INDEPENDENT AUDITOR'S REPORT TO THE BOARD OF DIRECTOR INDOWORTH HOLDINGS LIMITED

• 1. We have audited the accompanying statement of Standalone Financial Results of Indoworth Holdings Limited ("the Company") for the year ended March 31 2021('the Statement') , being submitted by the Company pursuant to the requirement of Regulations 33 of the SEBI (Listing Obligations and Disclosure Requirements) of the Regulations ,2015, as modified by Circular No CIR /CFD/FAC/62/2016 dated July 5,2016.
• 1. This Statement, which is the responsibility of the Company's Management and approved by the Board of Directors,has been complied from the related Ind AS financial statements which has been prepared in accordance with the Indian Accounting Standards prescribed under Section 133 of the Companies Act,2013 read vide relevant rules issued there under (IndAS) and other accounting principles generally accepted in India. Our responsibility is to express an opinion on the Statement based on our audit of such standalone financial statements.
• 1. We conducted our audit in accordance with the Standards on Auditing issued by the Institute of Chartered Accountants of India. Those Standards require that we comply with ethical requirements and plan and perform the audit to obtain reasonable assurance about whether the Statement is free from material misstatement.

An audit involves performing procedures to obtain audit evidence about the amounts and the disclosures in the Statement. The procedures selected depend on the auditor's judgment including the assessment of the risks of material misstatement of the Statement,whether due to fraud or error. In making those risk assessments, the auditor considers internal control relevant to the Company's preparation and fair presentation of the Statement in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the Company's internal control. An audit includes evaluating the appropriateness of ttie accounting policies used and the reasonableness of the accounting estimates made by the Management, as well as evaluating the overall presentation of the Statement.

We believe that the audit evidence obtained by us is sufficient and appropriate to provide a basis for our audit opinion.

4, We draw your attention to Note 5 of the Standalone Financial Results as regards the management's evaluation of Covid-19 impact on the future performance of the Company. Our Opinion is not modified in respect of this matter.

• 1. In our opinion and to the best of our information and according to the explanations given to us, the Statement:

• ii is presented in accordance with the requirements of Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations,2015,as modified by Circular No.CIR/CFD/FAC/62/2016 dated July 5,2016;and ti. give a true and fair view in conformity with the aforesaid Indian Accounting Standards and other accounting principles genera(y accepted in India of the net loss and total comprehensive income and other financial information of the Company for the year ended 31 March,2021.

The Statement includes the results for the Quarter ended March 31, 2021 being the balancing figure between audited figures in respect of the full financial year and the published year to date figures up to the third quarter of the current financial year, which were subject to limited review by us.

For Goenka Shaw & Co Chartered Accountants (Firm Registration No 7319075E)

CA Kishore Kumar Shaw Partner (Membership No :052284) ef edn XQ) Place: Kolkata (x & | Dated :14™ July, ²⁰²¹HPN 21052284 ARAN ET

Chartered Accountants C& 61H FLOOR, KOLKATA - 700 013 Telephone : 2237-8631/8690/2221-7546 e-mail : goenkashaw@gmail.com

INDPENDENT AUDITOR'S REPORT TO THE BOARD OF DIRECTORS OF INDOWORTH HOLDINGS LIMITED

• 1 We have audited the accompanying Statement of Consolidated Financial Results of INDOWORTH HOLDINGS LIMITED ( " the Parent'/ " the Holding Company") and its subsidiaries (the Holding company and its subsidiaries together referred to as " the Group") and its share of loss for the year ended March 31, 2021 ( "the Statement" ) being submitted by the Holding Company pursuant to the requirement of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as modified by Circular No. CIR/CFD/FAC/62/2016 dated July 5, 2016.
• ²This Statement, which is the responsibility of the Holding Company's Management and approved by the Board of Directors, has been complied from the related consolidated financial statements which has been prepared in accordance with the Indian Accounting Standard's prescribed under Section 133 of the Companies Act, 2013, read with relevant rules issued thereunder (" Ind AS") and other accounting principles generally accepted in India. Our responsibility is to express an opinion on the Statement based on our audit of such consolidated financial statements.
• 1. We conducted our audit in accordance with the Standards on Auditing issued by the Institute of Chartered Accountants of India. Those Standards require that we comply with ethical requirements and plan and perform the audit to obtain reasonable assurance about whether the Statement is free from material misstatement.

An audit involves performing procedures to obtain audit evidence about the amounts and the disclosures in the Statement. The procedures selected depend on the auditor's judgment, including the assessment of the risks of material misstatement of the Statement, whether due to fraud or error. In making those risk assessments, the auditor considers internal control relevant to the Holding company's preparation and fair presentation of the Statement in order to design audit procedures that are appropriate' if» the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the Holding company's Internal control. An audit also includes evaluating the appropriateness of the accounting policies used and the reasonableness of the accounting estimates made by the Management, as well as evaluating the overall presentation of the Statement.

We believe that the audit evidence obtained by us and the other auditor in terms of their reports referred to in paragraph 5 below is sufficient and appropriate to provide a basis for our audit opinion.

• In our opinion and to the best of our Information and according to the explanations given to us, and based on the consideration of the reports of the other auditor on separate financial statements of the Group referred to in paragraph 5 below, the Statement:
• Includes the results of the following entities: Subsidiaries
• e \ndoworth Yarn Private Limited
• e Indoworth Fabrics (Nagpur) Private Limited
• e \ndoworth Fabrics (Raipur) Private Limited
• e Indoworth Power Private Limited
• e _lndoworth Services Private Limited
• TT is presented in accordance with the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as modified by Circular No, CIR/CFD/FAC/62/2016 dated July 5, 2016, and
• n gives a true and fair view in conformity with the aforesaid Indian Accounting Standards and other accounting principles generally accepted in India of the net profit, total comprehensive income and other financial information of the Group for the year ended March 31, 2021.
• We did not audit the financial statements of the subsidiaries included in the consolidated financial results, whose financial statements reflect total assets of Rs.86,196/- as at March 31, 2021, total revenues of Rs.Nil , total net loss of Rs.127546/- and total comprehensive income of Rs. Nil for the year ended on that date, as considered in the consolidated financial results. These financial statements have been audited by other auditor whose reports have been furnished to us by the Management and our opinion on the consolidated financial results, in so far as it relates to the amounts and disclosures included in respect of the subsidiaries, is based solely on the report of the other auditor.

Our opinion on the Statement is not modified in respect of the above matters with respect to our reliance on the work done and the reports of the other auditors.

1. The Statement includes the Consolidated results for the Quarter ended March 31, 2021 being the balancing figure between audited figures in respect of the full financial year and the published year to date figures up to the third quarter of the current financial year, which were subject to limited review by us.

For Goenka Shaw & Co Chartered Accountants (Firm Registration No:319075E) pe (law __

Kishore Kumar Shaw Partner (Membership No:052284) Place: Kolkata Dated: 14" July, 2021 UDIN: 210522 SUAARAAY IIS &

				INDOWORTH HOLDINGS LIMITED
			Registered Office :2, Nazar Ali Lane, Green Acres, 4th Floor Flat-4A	(formerly Uniworth Securities Limited)							×
			U	IN: L51900WB1985FLC227336 Kolkata - 700019
			AUDITED FINANCIAL RESULTS	FOR THE QUARTER AND YEAR ENDED 31ST MARCH, 2021							(Rs.in Lakhs)
				GHINGTIOSNO					STANDALONE
ONIS	Particulars	3 months ended (31/03/2021) Audited	3 months ended (31/12/2020) Unaudited	3 months ended (31/03/2020) Audited	(31/03/2021) Year ended Audited	(31/03/2020) Year ended Audited	3 months ended (31/03/2021) Audited	3 months ended (31/12/2020) Unaudited	3 months ended (31/03/2020) Audited	(31/03/2021) Year ended Audited	(31/03/2020) Year ended Audited
$\overline{}$	Revenue from operations						и
	a) Sales of Products b) Other Operating Revenue	6.00 6.00	$\frac{17.50}{17.50}$	14.85 14.85	23.50 23.50	41.25 41.25	6.00 6.00	17.50 17.50	10.65 10.65	23.50 23.50	37.05 $\frac{37.05}{ }$
$\Xi$	Other Income
$\boxtimes$	Total Revenue (I+II)	6.00	17.50	14.85	23.50	41.25	6.00	17.50	$\frac{10.65}{2}$	$\frac{23.50}{ }$	37.05
	Expenses	¥.	٠	$\lambda$	$\bullet$	$\epsilon$	$\hat{L}$	$\mathcal{F}$	$\mathbf{r}$
	a) Cost of materials Consumed b) Purchase of Traded Goods c) Changes in inventories of finished goods, Work in progress and Stock in trade	$\langle \star \rangle$ $\bar{t}$	X	¥	ä $\lambda$	$\theta$	×. $\tilde{\mathbf{f}}$	$\alpha$	$\lambda$ $\mathbf{r}$
	d) Employee benefit expenses	5.72	3.32		16.03		5.72	$5.32\,$		16.03	15.76
	e) Finance Cost f) Depreciation and amortisation expense g) Other Expenses	0.42 3.43	$\frac{0.39}{0.04}$	$\frac{33}{0.37}$	1.59 7.37	$\frac{15.76}{0.51}$	$\frac{0.42}{2.20}$	$0.39$ 0.04	$\frac{3377}{0000}$	59 f,	0.51 $1,57$ $12,40$
	Total Expenses	9.57	lin $\frac{1}{2}$	6.90	24.99	32.02	8.34	3.75	5.69	23.7	30.24
Þ	Profit /(Loss) before exceptional items and tax (III-IV)	(3.57)	l cyl 13.7	7.95	(1.49)	9.23	(2.34)	13.75	4.96	(0.21)	6.81
Ë Σ	Profit/ (Loss) before tax (V-VI) Exceptional Items	(3.57)	lin. E	7.95	(1.49)	9.23	(2.34)	13.75	4.96	(0.21)	6.81
貝	Current Tax Tax Expense	(0.64)	0.64		¥.	2.05	(0.64)	0.64	1.39		(60.01)
M	Profit/(Loss) for the period (VII-VIII) Deffered Tax	(0.01) (2.92)	$\overline{13.1}$	$\frac{1.57}{(0.09)}$ 6.47	(1.48) (0.01)	7.27	(0.01) (1.69)	13.11	(0.09) 3.66	(0.20) (0.01)	5.03
×	Other Comprehensive Income (Net of tax)	(0.35)	$\frac{14.02}{14.02}$	$\frac{15}{15}$	(0.35)	7.62 0.35	(0.35)	0.91	0.35	(0.35)	5.38 0.35
≍	Total Comprehensive Income (XI+XII)	(3.27)		6.82	(1.83)		(2.04)	14.02	4.01	(0.55)
	a) Fulfy Paid Up ( Rs.10/- Bach Fully Paid Up Previous Year Rs.10/- Each Fully Paid Up ) b) Partly Paid Up Paid-up Equity Share Capital	124.48	124.48	124.48	124.48	124.48	124,48	124.48	124.48	124.48	124.48
	Other Equity	$\lambda$	×		48.47	50.30				56.55	57.10
	Earning per Share (EPS)	(0.23)						1.05			0.40
	a) Basic & Diluted EPS (Rs.) b) Basic & Diluted EPS (Rs.)	(0.23)	$\begin{array}{ c } \hline 1.05 \ \hline 1.05 \ \hline \end{array}$	$\frac{0.52}{0.52}$	$\frac{(0.12)}{(0.12)}$	0.58	$(0.14)$ $(0.14)$	1.05	0.29	(0.02)	0.40
		60.48 e9						For INDOWORTH HOLDI (formerly Uniworth		Securities Limited) LIMI- ပ္ပ	品
										Hooogly

			INDOWORTH HOLDINGS LIMITED ( formerly Uniworth Securities Limited } AUDITED STATEMENT OF ASSETS AND LIABILITIES AS ON 31ST MARCH, 2021							Rs in Lakhs
			STANDALONE				NSOT.	TED
Particulars	As at 31st	ch,	2021	As at 31st March, 2020		As at 31st March, 2021			AS at 41s¢ March, 2020
				Audited					Audited
Non-current assets
Plant and
al
{¢) lavestment Property
_ @) Goodwill (e) Ocher Intangible assets
assets under
Assets other than bearcr
Loans
financial assets
Deferred tax assets
Other non-current assets
Total Non-Current Assets
assets
SETS
J (ii) 'Trade receivables
Cash and cash
financial assels
Current Tax Assets
Other current assets Tatal Current Assets					L		1,482.29			91
'otal Assets							1,519.23			1,518.79
AND LIABILITIES
Other
ILITIES
on-current liabi
Deferred tax liabilities non-current
Total Non-Current Liabilities
liabilities
Financial Liabilities
Borrowln,
Trade. financial liabilities
Other current liabil
Provisions
Tatal Current Liahilittes					18 1		1			1
'otal Liabilities			1,345.28		1,344.19		1,346.28			1,344.01
Total and Liabilities			1,526.31		1,525.77		1,519.23			1,518.79

These financial results have been prepared In accordance with the Companies {Indian Accounting Standards } Rules 2015{Ind AS) preseribed under section 133 of the Companies Act , 2073.

The format for unaudited quarterly results as prescribed in SEBI's Circular CIR/CFD/CMD/15/2015 dated 30th November 2015 has been modified to comply with the requirements of

SEBI's Circular CIR/CFD/FAC/62/2016 dated 5"" July 2016, Ind AS and Schedules Ill (Divison Ill} to the Compantes ACT,2013 as applicable to the companies that are required to comply with ind AS.

The above financlal results were reviewed by the Audit Committee of the Company and approved by the Board of Directors of the Company at its meeting held on 14th July ,2021. The statutory Auditors of the Company have carried out a Audit of the financial results for the quarter and year ended 31st March, 2020 in terms of Regulation 33 of the SEBI (Listing Obligations & Disclosure . ' Requirements } Regulations ,2015 read with SEBI Circular No.CIR/CFD/FAC /62/2016 dated Sth July ,2016

Steps are being taken to obtain confirmation for balances of receivables , advances and payable as on 31st March, 2021

On March 11,2020, the world Heath Organisation declared Covid-19 Outbreak as a pandemic. Responding to the potentlally serlous threat that thls pandemic has to public Health , the Indian Government has taken series of measures to contain the outbreak , which included imposing multiple 'lock downs' accross the country , from March 22,2020, and extend upto August 31,2020 and iy j subsequently till Setember 30,2020 In selected States. ° A,

Mangement has assessed the impact of the outhreak of Coravirus (COVID-19)on its business . Based on current assessment by management no adjustments are required in the fianacials statements. However, the sttuation with COVID-19 Is still evolving and the varlaus preventative measures taken by the Goverment of India are still in farce, leading to a highly uncertain economic environment . Due to these circumstances the Mangement's assessment of the Impact on the subsequent perlod is dependent upon circumstances as evolve.

Figures in respect of the results for the quarter ended March 31,2021 and March 31,2020 are the balancing figures between the audited financial results of full financlal years and the published year to date figures upto the third quarter of the respective financlal year

The above results were taken an record and approved by the Board of Directors at Its meeting held on 14th July, 2021. By Order of the Board

Figures of the perlods have been regrouped/recast, wherever necessary, to conform to current period's classification. ee 0 LDI ac in All TE Db " niworth Securities Limited bk eg) Place : Kolkata . Dated : 14th July, 2021, si ctor

Director ,

INDOWORTH HOLDINGS LIMITED

Standalone Statement of Cash Flows for the year ended 31 March, 2021

INDOWORTH HOLDINGS LIMITED
Standalone Statement of Cash Flows for the year ended 31 March, 2021
Particulars		(Rs. in Lakhs ) For the year ended For the year ended
A. Cash flow from operating activities	31 Mar 2021	31 Mar 2020
Profit before tax	(0.21)	6.81
Adjustments for :
Depreciation and amortisation Interest Paid	1.59 -	1.57 0.51
working capital changes Operating cash flow before Movements in working capital	1.38	8.89
: (Increase)/Decrease in Trade & other receivables (Increase)/Decrease in Other Current Assets	(15.42) 2.02	12.92 (11.82)
Increase (Decrease) in Other Current Liabilities Increase (Decrease) in Other non Current Liabilities	1.10 -	(2.68) -
Income tax paid net of refunds	(10.92) (0.88)	7.31 (2.15)
Net cash flows from operating activities (A) B. Cash flow from investing activities	(11.80)	5.16
Investments Puchase of Fixed Assets	*	- (0.44)
Net cash flows from investing activities (B)	-	(0.44)
C. Cash flow from financing activities Increase/(Decrease) in Long term borrowings	-	6.00
Increase /(Decrease) in Short term borrowings interest Paid	- -	(2.59) (0.51)
Net cash flows from financing activities (C)	-	2.90
Net Increase in Cash & Cash Equivalents (A)+(B)+(C) D.	(11.80)	7.62
Cash and cash equivalent at the beginning of the Year Cash and cash equivalents at the end of the Year Cash on hand	12.65 0.85 0.20	5.03 12.65 4.13
Balance with Banks in current account and deposit account Cash and cash equivalents	0.65 0.85	8.52 12.65

INDOWORTH HOLDINGS LIMITED

Consolidated Statement of Cash Flows for the year ended 31st March, 2021

INDOWORTH HOLDINGS LIMITED Consolidated Statement of Cash Flows for the year ended 31st March, 2021
		( Rs. in Lakhs )
Particulars	For the year ended For the year ended 31 Mar 2021	31 Mar 2020
A. Cash flow from operating activities
Profit before tax	(1.48)	9.23
Adjustments for : Depreciation and amortisation	1.58	1.57
Interest Paid working capital changes Operating cash flow before	- 0.10	0.51 11.31
Movements in working capital : (Increase)/Decrease in Trade & other receivables	(15.43)	12.92
(Increase)/Decrease in Other Current Assets	2.02 2.28	(12.42)
Increase (Decrease) in Other Current Liabilities		(4.23)
Income tax paid net of refunds Net cash flows from operating activities (A)	(11.03) (0.88) (11.91)	7.58 (2.57) 5.01
B. Cash flow from investing activities
Investments Puchase of Fixed Assets	-	- (0.43)
Net cash flows from investing activities (B)	-	(0.43)
C. Cash flow from financing activities Increase/(Decrease) in Long term borrowings	-	6.00
Increase /(Decrease) in Short term borrowings Interest Paid	- -	(2.59) (0.51)
Net cash flows from financing activities (C)	-	2.90
Net Increase in Cash & Cash Equivalents (A)+(B)+(C) D. Cash and cash equivalent at the beginning of the Year	(11.91} 13.20	7.48 5.72
Cash and cash equivalent at the end of the Year Cash on hand with Banks in current account and deposit account Balance	1.29 0.20 1.09	13.20 4.13 9.07

For lisDOWORTH HOLDINGS LIM/TED (formerty Uniworth Securities Limited)

-s

14th July, 2021

The Secretary BSE Limited Floor 25, P J Towers Dalal Street Mumbai — 400 001

Dear Sir,

Sub: Declaration pursuant to Regulation 33 (3) (d) of the Securities & Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015

Ref : Scrip Code : 512408

|, Kamal Sharma, Director, of Indoworth Holdings Limited (formerly Uniworth Securities Limited (CIN L51900WB1985PLC227336) having its Registered Office at Green Acres, 2, Nazar Ali Lane, 4th Floor, Flat-4A, Kolkata — 700 019, India, hereby declare that the Statutory Auditors of the Company M/s Goenka Shaw & Co., (FRN : 319075E) Chartered Accountants, have issued an Audit Report with unmodified opinion on the Annual Audited Financial Results of the Company (Standalone & Consolidated) for the Year ended March 31, 2021.

This Declaration is given in compliance to Regulation 33(3) (d) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 as amended by SEB! (Listing Obligations and Disclosure Requirements) (Amendment) Regulations, 2016 vide Circular No. CIR/CFD/CMD/56/2016 dated May, 27 2016.

Kindly take this declaration on your records.

Thanking you,

Yours faithfully, For Indoworth Holdings Limited (formerly Uniworth Securities Limited)

Kamal Shaggyga office : Green Acres, 2 Nazar All Lane, 4th Floor, Flat-4A, Kolkata - 700 019 Director Phone : 91 (33) 4072 6029 OILS AP RAKES FRawdon Chambers, 11, Sarojini Naidu Saran, 4th Floor, Unit 4B, Kolkata -700 ⁰¹⁷ Phone : +91(33) 4003 1301 Email ID: Indoworthholdingslimited@gmall.com Website : www.unlworthsecurities.com, CIN : L51900WB1985PLC227336