Uniworth Securities Limited — Interim / Quarterly Report 2019

Aug 14, 2019

INDOWORTH HOLDINGS LIMITED

(Formerly Uniworth Securities Limited)

14th August, 2019

The Secretary BSE Limited lst Floor, ^{P J} Towers Dalal Street Mumbai - 400 001

Dear Sir,

Sub : Outcome of the Board Meeting dated February 14, ²⁰¹⁹

Re : Scrip Code 512408

Pursuant to the provisions of Regulation ³³ and Regulation ³⁰ of Securities Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith the following as approved and taken on record by the Board of Directors of the Company in its Meeting held today i.e. February 14, 2019.

• 1. Unaudited Financial Results (Consolidated & Standalone) of the Company for the Quarter ended on June 30, 2019 (copy enclosed)?
• 1. Limited Review Report for the Quarter ended on June 30, 2019 (copy enclosed).

The meeting commenced at 5.00 PM. and concluded at 6.00 PM.

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

Kindly take the same on record.

Thanking you,

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

<9

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

Encl : As above

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

Corp. Office : Rawdon Chambers, 11A, Sarojini Naidu Sarani, 4th Floor, Unit 48, Kolkata - 700 017 Phone: +91(33) 4003 1301 Email ID : indoworthholdingslimited@gmail.tom Website : www.uniwo'rthsecurities.com , CIN : L51900WBI985PLC227336

			INDOWORTH HOLDINGS LIMITED
			(formerely Uniworth Securities Limited)
			2, Nazar Ali Lane, Green Acres, 4th Floor Flat - 4A Kolkata - 700019
			CIN: 151900WB1985PLC227336
	STATEMENT OF UNAUDITED FINANCIAL RESULTS FOR THE QUARTER ENDED 30TH JUNE, 2019
51 No	Particulars	CONSOLIDATED				(Rs.in Lakhs) STANDALONE
		3 months ended (30/06/2019) Unaudited	3 months ended (31/03/2019) Unaudited	3 months ended (30/06/2018) Unaudited	Year ended (31/03/2019) Audited	3 months ended (30/06/2019) Unaudited	3 months ended (31/03/2019) Unaudited	3 months endeă (30/06/2018) Unaudited	Year ended (31/03/2019) Audited
X.	Revenue from operations a) Sales of Products	$\sim$
	b) Other Operating Revenue	6.25 6.25	3.92 3.92	$\ddot{\phantom{0}}$	19.42 19.42	6.25 6.25	3.92 3.92		19.42
п	Other Income	w.	1.20	$\tilde{\phantom{a}}$	1.20		1.20	$\alpha$	19.42 1.20
ш IV	Total Revenue (I+II) Expenses	6.25	5,12	$\overline{\phantom{a}}$	20.62	6.25	5.12		20.62
	a) Cost of materials Consumed b) Purchase of Traded Goods b) Changes in inventories of finished goods, Work in progress and stock in trade c) Employee benefit expenses	$\star$ $\star$ 2,12	w. ٠ 3.61	$\kappa$ 1.52	$\bullet$ 9.42	$\mathbf{v}_\mathrm{c}$ $\star$ 2.12	3.61	1.52	$\bullet$ 9.42
	d) Finance Cost c) Depreciation and amortisation expense	0.07	0.04	0.17	0.41	0.07	0.04	0.17	0.41
	f) Other Expenses	0.40 0.22	0.51 3.14	0.36 3.56	1.59 10.22	0.40 0.20	0.51 1.39	0.36 3.41	1.59 7.77
	Total Expenses	2.81	7.30	5.61	21.64	2.79	5.55	5.46	19,19
v	Profit /(Loss) before exceptional items and tax (III-IV)	3,44	(2.18)	(5.61)	(1.02)	3.46	(0.43)	(5.46)	1.43
VI VII	Exceptional Items Profit/ (Loss) before tax (V-VI)	3.44	(2.18)	(5.61)	(1.02)	3.46	(0.43)	(5.46)	1.43
	VIII Tax Expense Current Tax	1.08	(0.06)	$\blacksquare$	0.42	1.08	(0.06)	$\mathbf{w}$
IX.	Deffered Tax Profit/(Loss) from Ordinary Activities after Tax (VII-VIII)		(0.13)		(0.13)		(0.13)		0.42 (0.13)
X	Extraordinary items (net of tax expense)	2.36 $\omega$	(1.99) $\pmb{\omega}$	(5.61) $\sim$	(1.31) $\omega$	2.38	(0.24)	(5.46)	1.14
XI	Profit/(Loss) for the period (IX-X) Other Comprehensive Income (Net of tax, net credit/	2.36	(1.99)	(5.61)	(1.31)	2.38	(0.24)	(5.46)	1.14
XII	(charges)		0.33	(1.33)	(1.42)		0.33	(1.33)	(1.42)
XIII	Total Comprehensive Income (XI+XII)	2.36	(1.66)	(6.94)	(2.73)	2.38	0.09	(6.79)	(0.28)
	Paid-up Equity Share Capital a) Fully Paid Up (Rs.10/- Each Fully Paid Up Previous Year Rs.10/- Each Pully Paid Up) b) Partly Paid Up	124,48 $\omega$	124.48 ×.	124.48 $\omega$	124.48	124.48 $\bullet$	124.48 $\bar{\mathbf{w}}$	124.48	124.48
	Other Equity Earning per Share (EPS)				42.68				51.72
	a) Basic & Diluted EPS (Rs.) b) Basic & Diluted EPS (Rs.)	0.19 0.19	(0.16) (0.16)	(0.56) (0.56)	(0.11) (0.11)	0.19 0.19	(0,02) (0.02)	(0.55) (0.55)	0.09 0.09
Notes: 1 2	These financial results have been prepared in accordance with the Companies (Indian Accounting Standards) Rules 2015(Ind AS) prescribed under section 133 of the Companies Act, 2013 The format for unaudited quartely results as prescribed in SEBI's Circular CIR/CFD/CMD/15/2015 dated 30th Novemeber has been modified to comply with the requirements of SEBI's Circular CIR/CFD/FAC/62/2016 dated 5th July 2016, Ind AS and Schedule III (Divison II) to the Companies Act, 2013 as applicable to the
	companies that are required to comply with Ind AS.
3	The above financial results were reviewed by the Audit Committee of the Company and approved by the Board of Directors of the Company at its meeting on 14th August, 2019. The statutory Auditors of the Company have carried out a Limited Review of the financial results for the quarter ended 30th June, 2019 in terms of 2016, Regulation 33 of the SEBI (Listing and Other Disclosure Requirements ) Regulation ,2015 read with SEBI Circular No.CIR/CFD/FAC/62/2016 dated 5th July ,2016
4	Steps are being taken to obtain confirmation for balances of receivables , advances and payable as on 30 th June 2019
5	Computation of deferred tax assets/liabilities will be considered at the year end.
6	The above results were taken on record and approved by the Board of Directors at its meeting held on 14th August, 2019
7	Figures of the previous periods have been regrouped /recast, wherever necessary, to conform to current period's classification
		SHAR			FCLINDOWORTH HOLDINGS LIMITED			(formerly Uniworth Securities Indicate
		pRN 19075E	¥
	Place : Kolkata Dated: 14th August, 2019.	Kolkeka						NSRamonetto
								Director Simonto

istriktist (d. 1989)
1

GOENKA SHAW & CO. Chartered Accountants

8, GANESH CHANDRA AVENUE 6TH FLOOR, KOLKATA - 700 013 Telephone: 2237-8631/8690/2221-7546 e-mail : goenkashaw@gmail.com

REVIEW REPORT TO THE BOARD OF DIRECTORS OF INDOWORTH HOLDINGS LIMITED

• 1. We have reviewed the accompanying statement of unaudited Standalone financial results ('the Statement') of Indoworth Holdings Limited ('the Company') for the quarter ended 30^th June, 2019 attached herewith, being submitted by the Company pursuant to the requirements of Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015('Listing Regulations and Disclosure Requirements.) Regulation , 2015, read with SEBI Circular No. CIR/CFD/FAC/62/2016 dated July 5,2016. This Statement which is the responsibility of the Company's Management and approved by the Board of Directors has been prepared in accordance with the Companies (Indian Accounting Standards) Rules ,2015 (Ind AS) prescribed under section 133 of the Companies Act, 2013 read with relevant rules issued thereunder and other accounting principles generally accepted in India.Our responsibility is to issue a report on these financial results based on our review
• 1. We conducted our review of the statement in accordance with the Standard on Review Engagement (SRE) 2410, 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 Statement is free of material misstatement. A review is limited primarily to inquired of company personnel and analytical procedures applied to financial data and thus provide less assurance than an audit. We have not performed an audit and accordingly, we do not express an audit opinion.
• 1. We wish to draw attention to our following comment observation
• a) Deferred Tax Assets/Liabilities have neither been ascertained nor accounted for in the books of account as on June 30, 2019.
• 1. Based on our review conducted and read with our comments in paragraph 3(a) above, nothing has come to our attention that causes us to believe that the accompanying statement prepared in accordance with recognition and measurement principles laid down in Ind AS 34 prescribed under section 133 of the Companies Act, 2013, read with relevant Rules issued thereunder and recognised accounting practices and policies, has not disclosed the information required to be disclosed in terms of Regulation 33 of the SEBI(LISTING Obligation and Disclosure Requirements) Regulation, 2015, read with SEBI Circular No CIR /CFD/FAC/62/2016 dated 5^th July , 2016 including the manner in which it is to be disclosed , or that it contains any material misstatement.

For Goenka Shaw & Co Chartered Accountants FR. No. 319075E

Mraw

(CA. Kishore Kumar Shaw) Partner Membership No.052284 UDIN: 19052284AAAAAJ8287 Place: Kolkata Date: 14th August, 2019.

INDEPENDENT AUDITOR'S REVIEW REPORT ON REVIEW OF INTERIM CONSOLIDATED FINANCIAL RESULTS

TO THE BOARD OF DIRECTORS OF INDOWORTH HOLDINGS LIMITED

• 1. We have reviewed the accompanying Statement of Consolidated Unaudited Financial Results of INDOWORTH HOLDINGS LIMITED ("the Parent") and its subsidiaries (the Parent and its subsidiaries together referred to as "the Group"), and total comprehensive income for the quarter ended June 30, 2019 ("the Statement") which includes a Joint Operation of the Group, being submitted by the Parent pursuant to the requirement of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended.
• 1. This Statement, which is the responsibility of the Parent's Management and approved by the Parent's Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in the Indian Accounting Standard 34 "Interim Financial Reporting" (Ind AS 34), prescribed under Section 133 of the Companies Act, 2013 read with relevant rules issued there under and other accounting principles generally accepted in India. Our responsibility is to express a conclusion on the Statement based on our review.
• 1. 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 (ICAI). A review of interim financial information consists of making inquiries, primarily of Parent's personnel 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 Standards on Auditing specified under Section 143(10) of the Companies Act, 2013 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 circular issued by the SEBI under Regulation 33 (8) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, to the extent applicable
• 1. The Statement includes the results of the entities listed in Annexure A to this report.

GOENKA SHAW & CO. Chartered Accountants

8. GANESH CHANDRA AVENUE 6TH FLOOR, KOLKATA - 700 013 Telephone: 2237-8631/8690/2221-7546 e-mail: goenkashaw@gmail.com

• 1. Based on our review conducted and procedures performed as stated in paragraph 3 above and based on the consideration of the review reports of other auditors referred to in paragraph 6 below, 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 the aforesaid Indian Accounting Standard and other accounting principles 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, as amended, including the manner in which it is to be disclosed, or that it contains any material misstatement.
• 1. These consolidated unaudited financial results include the interim financial information of 5 (Five) subsidiaries which have not been reviewed by their auditors, whose interim financial information reflects, total revenues of Rs Nil for the quarter ended June 30, 2019, total loss of Rs 2,000/ for the quarter ended June, 30, 2019, and total comprehensive income of Rs Nil for the quarter ended June 30,2019 as considered in the Statement. According to the information and explanations given to us by the Management, these interim financial are not material to the Group.

Our Conclusion on the Statement is not modified in respect of our reliance on the interim financial information certified by the Management.

For Goenka Shaw & Co Chartered Accountants FR. No. 319075E

Heraus

(CA. Kishore Kumar Shaw) Partner Membership No.052284 UDIN: 19052284AAAAAJ8287 Place: Kolkata Date: 14th August, 2019

Annexure A

List of Subsidiary

Indoworth Fabrics (Nagpur) Pvt Ltd
Indoworth Fabrics (Raipur) Pvt Ltd
Indoworth Power Pyt Ltd
Indoworth Services Pvt Ltd
Indoworth Yarns Pyt Ltd