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Yarn Syndicate Ltd. — Audit Report / Information 2025
May 30, 2025
58979_rns_2025-05-30_27962856-5bc0-4170-b70b-db7fb2ee826b.pdf
Audit Report / Information
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YARN SYNDICATE LIMITED
CIN: L51109GJ1946PLC153972
Registered Office & Corporate office: 13, SNo-10 Devraj Estate, Nr Balaji, Petrol Pump Pirana Road Piplaj, Saijpur, Ahmedabad-Gujarat, 382405
E-mail: [email protected] Contact No: +91 78628 68215
Date: 30[th] May, 2025
To, BSE Limited Phiroze Jeejeebhoy Tower, Dalal Street, Mumbai –400 001
Dear Sir / Ma’am,
Sub: Integrated Filing (Financial) for the Quarter and Year ended on 31st March, 2025.
Ref: Security Id: YARNSYN / Code: 514378
Pursuant to the Securities and Exchange Board of India Circular No SEBI/HO/CFD/CFDPoD2/CIR/P/2024/185 dated 31st March, 2025 please find attached the Integrated Filing (Financial) for the Quarter and Year ended 31st March, 2025.
Please take note of the same and oblige.
For, YARN SYNDICATE LIMITED
AGRAWAL Digitally signed by AGRAWAL TARACHANDB TARACHANDBHAI Date: 2025.05.30 HAI 18:20:13 +05'30'
TARACHAND GANGASAHAY AGRAWAL DIRECTOR DIN: 00465635
S S R V & Associates Chartered Accountants
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INDIA
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Independent Auditor's Report on Quade,· and year to date Audited Standalone Financial Results of the company pursuant to the Regulation 33 and 52 of the SEBI (Listing Obligations and Disclosu,·es Requirements) Regulations, 2015 as amended
To, The Board of Directors Yarn Syndicate Limited
Report on the audit of the Standalone Financial Results
Opinion
We have audited the accompanying Statement of quarterly and year to date Standalone Financial Results of Yarn Syndicate Limited (the 'Company') for the quarter ended 31[st ] March, 2025 and for the year ended 31[st ] March, 2025 (the 'Statement'), attached herewith, being submitted by the Company pursuant to the requirement of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 as amended (the 'Listing Regulations').
In our opinion and to the best of our information and according to the explanations given to us, the statement:
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are presenll:d in accordance with the requirements or Regulation 33 of the Listing Regulations in this regard; and
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I.
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II. gives a true and fair view in conformity with the applicable Indian accounting standards and other accounting principles generally accepted in India, of the net profit and other comprehensive income and other financial information of the Company for the quarter ended 3 I[st ] March, 2025 and for the year ended 31[st ] March, 2025.
Basis for opinion
We conducted our audit in accordance with the Standards on Auditing (SAs) specified under Section 143( I 0) of the Companies Act, 2013 ("Act"). Our responsibilities under those SAs are further described in the Auditor's Responsibilities for the Audit of the Standalone Financial Results section of our report. We are independent of the Co111pany in accordance with the Code of Ethics issued by the Institute of Chartered Accountants of India together with the ethical requirements that are relevant to our audit of the standalone financial state111ents under the provisions of the Act and the Rules there under, and we have fulfilled our other ethical responsibilities in accordance with these requirements and the Code of Ethics. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.
Management's Responsibility for the Standalone financial results
The statement has been prepared on the basis of the standalone annual financial statements.
The Company's Board or Directors is responsible l'or the preparation and presentation or the statement that give a true and fair view or net profit and other comprehensive loss of the company and other f ancial information in accordance with the applicable accounting standards prescribed under section 133 ... • � .[f t!1e Act ] �[-ead with relevan][l rules issu] �[d tl] �[ereu1] :[1ckr a] '.[1d] o[ther acco] �[111tin] �[p1][·inciples g] �[1] �[e_rally acc_epted in] ¥- . s;V_&.1.£:�'t.t[and 111 compliance with Regulation ;3 ol the l1st111g regulations. fh1s respons1btl1ty also 111cludes] _ . ti§ � I -i1 �r,�,;( .... ,.,.�. \; •.: . � · t:· �' 1,, ... i,Q \ >i;,' �- :'.-';,,j w , I •. ;f:__ I.,.," ���;�;7� :�(} ··,;�li ... ��ing #_ , Express Zone, Off. Western Express Highway, Malad (E), Mumbai - 400 097. Maharashtra E-mail: [email protected], [email protected] I Tel: 022-47818886,87,88,89
maintenance of adequate accounting records in accordance with the provisions of the Act for safeguarding oC the assets oC the Company and for preventing and detecting frauds and other irregularities; selection and application of' appropriate accounting policies; making judgments and estimates that are reasonable and prudent; and the design, implementation and maintenance oC adequate internal financial controls, that were operating effectively for ensuring the accuracy and completeness of the accounting records, relevant to the preparation and presentation of the Statement that give a true and fair view and are free from material misstatement, whether due to fraud or error.
In preparing the Statement, the Board of Directors are responsible for assessing the Company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the Board of Directors either intends to liquidate the Company or to cease operations, or has no realistic alternative but to do so.
The board of directors are responsible for overseeing the company's financial reporting process.
Auditor's Responsibilities for the Audit of the Standalone Financial Results
Our objectives are to obtain reasonable assurance about whether the Statement as a whole is f[r] ee from material misstatement, whether clue to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level oC assurance but is not a guarantee that an audit conducted in accordance with SAs will always detect a material misstatement when it exists. Misstatements can arise f[r] om fraud or error and at"e considered material it� individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of the Statement.
As part of an audit in accordance with SAs, wc exercise professional judgment and maintain professional scepticism throughout the audit. We also:
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Identify and assess the risks of material misstatement of the Statement, whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting f[r] om error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control.
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Obtain an understanding of internal control relevant to the audit in order to design audit procedures that alrc appropriate in the circumstances. Under Section I 43(3)(i) of the Act, we are also responsible for expressing our opinion on whether the company has adequate internal financial controls with reference to financial statements in place and the operating ef[f] ectiveness of such controls.
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Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by the Board of Directors.
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Conclude on the appropriateness of the Board of Directors' use of the going concern basis of accounting and, based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that may cast significant doubt on the Company's ability to continue as a going concern. If we conclude that a material uncertainty exists, we are required to draw attention in our auditor's report to the related disclosures in the financial results or, if such disclosures are inadequate, to modify our opinion. Our conclusions are based on the audit evidence obtained up to the elate of our auditor's report. However, future events or conditions may cause the Company to cease to continue as a going concern.
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-valuate the overall presentation, structure and content of the Statement, including the represents the underlying transactions and events in a
We communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit and significant audit findings, inc I ud ing any significant deficiencies in internal control that we identify during our audit.
We also provide those charged with governance with a statement that we have complied with relevant ethical requirements regarding independence, and to communicate with them all relationships and other matters that may reasonably be thought to bear on our independence, and where applicable, related safeguards.
Other Matter
The Statement includes the results for the quarter ended 3 I st March, 2025 being the balancing figure between the audited figures in respect of the full financial year ended 3 ][51 ] March, 2025 and the published unaudited year-to-date figures up to the third quarter of the current financial year, which were subjected to a limited review by us, as required under the Listing Regulations.
The Comparative Financial information of the company for the Corresponding quarter ended and year ended 31st March 2024 prepared in accordance with Ind AS included in this Statement has been reviewed and audited by the predecessor auditor. The Report of the predecessor auditor on this comparative financial information dated 30th May 2024 expressed unmodified opinion.
For S S RV & Associates Chartered Accountants
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YARN SYNDICATE LIMITEI).
Registered Address: 13 S No-10 Devraj Estate, Nr Bala)i Petrol Pump, Plrana Road, Pipia) Sai)pur, Ahmedabad, Gujarat, India, 382405
CIN:l51109GJ1946PLC153972
Email: ysl@yarnsynfl·;ate.in webslt': https://www.yarnsyndicate.in Audited Standalone Financial Re � • .s •·,.-.ne Quarter / Year Ended 31st march, 2025
| Sr. No. Particulars |
(Amount In lacs except for earning per share data} s 31.03.2025 Audited· 3,266.52 (0.11) 3,266.41 2,091.53 623.32 271.31 82.81 4.79 75.55 3,149.31 117.10 117.10 4.70 0.89 5.59 111.51 . .. , 111.51 111.51 1,275.00 10.00 0.87 0.87 3 months ended ' . 31.12.2024 Un-Audited 1,562.08 (0.31) 1,561.77 1,906.10 (991.80) 98.99 2.22 481.71 1,497.22 64.55 64.55 64.55 64.55 1,275.00 10.00 0.51 0.51 31.03.2024 Audited 104.62 104.62 133.39 (29.32) 1.40 6.94 112.41 (7.79) (7.79) (3.99) (3.991 (3.80) (3.80) (3.80) 1,275.00 10.00 (0.05) (0.09) Account Year Ended 31.03.2025 31.03.2024 Audited Audited 4,961.41 247.62 0.01 3.91 4,961.42 251.53 4,709.45 717.59 247.91 (947.55) (29.32) 195.35 2.45 . 7.06 136.78 22.41 4,818.68 243.45 142.74 8.08 142.74 8.08 4.70 0.89 5.59 . 137.15 8.08 . . . . 137.15 8.08 137.15 8.08 1,275.00 1,275.00 1,236.95 1,099.80 10.00 10.00 1.08 0.10 1.08 0.20 |
|---|---|
| 1 Revenue from Operations 2 **Other income ** |
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| 3 Total Revemue (1+2) 4 Expenses 8 9 10 11 12 13 14 15 16 17 a. Cost of material consumed b. Purchase of stock-in-trade c. Change in inventories of finished goods, work-in process and stock-in-trade d. Employees benefits expense _e._Finance costs f. Depreciation and amortisation expense g. Other Exoenses Total Exoenses Profit before Exceptional Items and Extraordinary item and Tax (3-4) Exceptional items Profit Before Tax (5-6) Current Tax Deferred Tax Total Tax Expenses Proft for the period from Continuing Operation (7-8) Profit from Discontinuing operations before tax Tax expense of discontining operations Profit from Discontinuing operations (after tax) (10-11) Share of Profit (loss) of associates and joint venture accounted for usinQ eauity method. Profit for the oeriod 19-121 Other comcrehensive income net of taxes Total comprehensive Income net of taxes (14+15) Details of equity share capital Paid-up equity share capital Other Equity Face value of equity share capital 18 Earnings Per Share (EPS} a) Basic b) Diluted |
Notes:
The above audited financial statement for quarter ended March, 2025 has been reviewed by the Audit Committee and approved by the Board of Directors at its meeting held on 30th May, 2025 and Statutory Auditors of the Company have carried out Statutory audit of the same.
This statement has been prepared in accordance with the Companies( Indian Accounting Standards) Rules 2015(1ND AS) prescribed under section 133 of the Companies Act 2013 and other recognized accounting practices and policies to the extent applicable.
IND AS 108 relating to segment wise reporting is Not Applicable as the Company operates in one primary segment i.e "Manufacturing and Trading in Textiles".
The Figures of March 31, 2025 and March 31, 2024 quarters are balancing figures between audited figures in respect of full financial year upto March 31, 2025 and March 31, 2024 and
4 unaudited published year to date figures upto December 31, 2024 and December 31, 202�, being the date of end of third quarter for the financial year which were subject to limited review.
Figures for the previous year and quarters have been re·grouped / rearranged, wherever necessary.
Place: Ahmedabad Date: 30/05/2025
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=- FOR YARN SYNDICATE LIMITED
- �
. ( ; . f y� [c-] t:,;, [ i ] � , ' "o\C�e [/ ] , .,. [(] '' � .,,. I; [. ] Q. -· [-, ] /' ,, i ' � Managing Director DIN 09509086 Ravi Pandya
\ . / ;}'
' "" ..... ____ .,,,. /.I
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Registered Address: 13 S No-10 Devraj Estate, Nr Balaji Petrol Pump, Pirana Road, Piplaj Saijpur, Ahmedabad, Gujarat, India, 38240S
Yarn Syndicate Limited
(CIN: L51109GJ1946PLC153972)
Email: [email protected] website: https://www.yarnsyndicate.in
Standalone Balance Sheet as at 31st March 2025
| (Rs in Lakhs) | ||||||
|---|---|---|---|---|---|---|
| Sr. No | Particulars | Notes | As at 31st March |
2025 |
As at 31st March 2024 |
|
| A) | ASSETS | |||||
| i) | Non-current assets | |||||
| a) Property plant and equipment | 3 | 111.34 | 6.21 | |||
| b) Intangible Assets | 3 | 0.58 | - | |||
| c) Financial assets | ||||||
| i) Investments | 4 | ' | 1,984.50 | 1,984.50 | ||
| Total Non-Current Assets | 2,096.42 | 1,990.71 | ||||
| ii) | Current assets | |||||
| a) Inventories | 5 | 1,703.14 | 29.33 | |||
| b) Financial assets | ||||||
| i) Trade receivables | 6 | 1,488.74 | 253.86 | |||
| ii) Cash and cash equivalents | 7 | 67.87 | 113.68 | |||
| iii) Loans and advances | 8 | 5.00 | 1.02 | |||
| iv) Other Financial Asset | 9 | 49.70 | 50.90 | |||
| c) Current Tax Assets (Net) | 10 | 19.65 | 0.15 | |||
| d) Other current assets | 11 | 1,066.61 | 307.18 | |||
| Total Current Assets | 4,400.71 | 756.11 | ||||
| Total Assets (i)+(ii) | 6,497.13 | 2,746.82 | ||||
| B) | EQUITY AND LIABILITIES | |||||
| i) | Equity | |||||
| a) Equity share capital | 12 | 1,275.00 | 1,275.00 | |||
| b) Other equity | 13 | 1,236.95 | 1,099.80 | |||
| Total Equity | 2,511.95 | 2,374.80 | ||||
| ii) | Liabilities | |||||
| a) | Non-current liabilities | |||||
| a) Financial liabilities | ||||||
| i) Long term borrowings | 115.21 | - | ||||
| b) Provisions | - | - | ||||
| c) Deferred Tax Liabilities (net) | 14 | 0.89 | - | |||
| Total Non-Current Liabilities | 116.10 | - | ||||
| b) | Current liabilities | |||||
| a) Financial liabilities | ||||||
| i) Short term borrowings | 15 | 305.48 | 257.44 | |||
| ii) Trade payables | 16 | |||||
| Total outstanding dues of micro and | - | - | ||||
| small enterprise | ||||||
| Total outstanding dues to other than micro and small enterprise |
3,078.61 | 112.51 | ||||
| b) Provisions | 17 | - | - | |||
| c) Other current liabilities | 18 | 484.99 | 2.07 | |||
| Total CurrentLiabilities | 3,869.08 | 372.02 | ||||
| TotalLiabilities (a)+(b) | 3,985.18 | 372.02 | ||||
| TotalEquity and Liabilities(i)+(ii) | 6,497.13 | · 2,746.82 |
�[YARN SYNDICATE LIMITED ] It'-� _ <'01cat - 6 ( .. _, � . f � 1'" co .' ~~_~~ � � ' \" ~~-�~~ ,, Ravi Pandya � Managing Director DIN 09509086 ,/ i- .,.. \ / --,
Place: Ahmedabad Date: 30/05/2025
Yarn Syndicate Limited
Registered Address: 13 S No-10 Devraj Estate, Nr Balaji Petrol Pump, Pirana Road, Piplaj Saijpur, Ahmedabad, Gujarat, India, 382405
(CIN: L51109GJ1946PLC153972)
Email: [email protected]
website: https://www.yarnsyndicate.in
Standalone Statement of Cash Flows for the year ended 31st March 2025
| Sr. No. A) Particulars As on Year ended 31.03.2025 Cash Flow from Operating Activities: Profit/ (Loss) before Tax 142.74 Adjustments for :- Depreciation and Amortisation 7.06 Finance Cost - Bad Debts, Advances Written off and Liabilities Written Back 8.78 Operating profit before working capital changes 158.58 Changes in Working Capital: (Increase)/ Decrease in Trade Receivables (1,237.50) (Increase)/ Decrease in Inventories (1,673.81) (Increase)/ Decrease in Other Current Assets (759.43) (Increase)/ Decrease in Other Financial Assets 1.20 (Increase)/ Decrease in Trade Payables 2,966.15 (Increase)/ Decrease in Other Current Liabilities & Provisions 482.92 (Rs in Lakhs) As on Year ended 31.03.2024 8.08 - - - 8.08 (253.86) (29.32) (354.86) - 108.33 (10.70) |
Sr. No. A) Particulars As on Year ended 31.03.2025 Cash Flow from Operating Activities: Profit/ (Loss) before Tax 142.74 Adjustments for :- Depreciation and Amortisation 7.06 Finance Cost - Bad Debts, Advances Written off and Liabilities Written Back 8.78 Operating profit before working capital changes 158.58 Changes in Working Capital: (Increase)/ Decrease in Trade Receivables (1,237.50) (Increase)/ Decrease in Inventories (1,673.81) (Increase)/ Decrease in Other Current Assets (759.43) (Increase)/ Decrease in Other Financial Assets 1.20 (Increase)/ Decrease in Trade Payables 2,966.15 (Increase)/ Decrease in Other Current Liabilities & Provisions 482.92 (Rs in Lakhs) As on Year ended 31.03.2024 8.08 - - - 8.08 (253.86) (29.32) (354.86) - 108.33 (10.70) |
|---|---|
| B) C) Cash Generated from Operations (61.90) Income Tax Paid (net) (24.20) Net Cash Generated by Operating Activities (A) (86.10) Cash Flow from Investing Activities: (Purchases)/Sale of Property, plant & equipments & Intangible Assets (118.98) Short term loans and advances (Given)/Received Back (3.98) (Purchase)/Sale of Non-current investments - Net Cash Generated by Investing Activities (Bl (122.96) Cash Flow from Financing Activities: Proceeds from / (Repayment of) Long term Borrowings 115.21 Proceeds from / (Repayment of) Short term Borrowings 48.04 Proceeds from issuance of Share Capital - Finance Cost Paid - Net Cash Generated by Financing Activities {C) 163.25 Net (Decrease)/lncrease in Cash & Cash Equivalents (A+B+C) (45.81) |
(532.33) 0.15 (532.48) - (1.02) (1,984.50) (1,985.52) - 214.21 2,408.83 - 2,623.04 105.05 |
| Cash and Cash Equivalents at Beginning of Period 113.68 Cash and Cash Equivalents at End of Period 67.87 8.63 113.68 |
Notes:
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The above cash flow statement has been prepared ,1s per the "Indirect method" set out in the Indian Accounting Standard
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2) Figures in bracket indicate cash outflow. 1)
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3) Previous year figures have been regrouped and recast wherever necessary to confirm to current year's classification. 4) Reconciliation of Cash and cash equivalents with the Balance Sheet:
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(Rs in Lakhs)
Particulars 31st March, 2025 31st March, 2024
Balances with banks
In current accounts 67.38 109.78
Cash on hand 0.49 3.90
Total 67.87 113.68
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Place: Ahmedabad Date: 30/05/2025
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Shwelomb, �hurona Is •ppolntri as a Com pony Secotory with ofroct f1or, 18th '"204. l<omkh,nd G•ng,,.hay ;,,.wal who w .. th< dlrocor of th• cmpinf Is • relo!lve of hr•oh•r -••w•I wh I, •PPlnted •• diro<lor of !h cmpny w,tlt elf« f1om 14th Fob< 2025. Mithle11tAv,wol who I, ·�, ntod u • dlroco, of !h cmponv wlt'41ectlrcm 11th M•rch 2015 11 al,o a dl<!Of Ol Va, rM•r rlsoM,aloLimliad Mthl.,h A,rawol wtio I, 1ppc,n!ed •• • director of !h lf f/ with o!IMI from 11th Marc 2025 I, •bo •director,, v, Enter rl,o Prl,ate Umlled MitlullAvawal who i. appinted•• • dlroeor of the cmpny with effo<I from 11th Mao • dlrO'cr at Va• Entor rloePrNale Lmllod Nandsh Shaileshbhol Jani wh wa< U lndeperont Direor of the aml&n h•vo ,o,lgnod from the company with dlo< from Wthfol>u>r 202s. Che'"n �" ' oJh• who wo, lho dlroctor of lhe cmpnv have resitn•d with effec lrom JS th Fobru,ry 2025 who Is also oppln•ed •• • Monagi"dite<IC/ ot 7r Retoll Umltedwlth •1f•c !,om the d,ouro ofworklng hur, 14th fobu1-201s. |
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| or,octor (Rulr) |
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| MDC97560 MDCM9756D |
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| ~~"~~ VARNSYNO!CTE ACS87E Vutex Cotlob A CF9925C UMfTfD Umted ~~"~~ VARNSYNCICTf A CY0887E Nan,h AMDPJ1353Q LIMITED Shalle,lhol Jan ~~"~~ YARNSYNO!CATE AAACYo 7E 7nReto11Umtt•dAC6;�BA LMITED |
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� INDIA
S S R V & Associates Chartered Accountants
Independent Auditor's Report on the Quarterly and year to date Audited Consolidated Financial Results of the Company pursuant to Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended
To
The Board of Directors of Yarn Syndicate Limited
Report on the audit of the Consolidated Financial Results
Opinion
We have audited the accompanying Statement of quarterly and year to date Consolidated Financial Results of Yarn Syndicate Limited ('Holding Company') and its associate (the Holding Company and its associate together referred to as ·'the Group'') for the quarter ended 31[st ] March 2025 and for the year ended 31 '[1 ] March, 2025 (the 'Statement'), attached herewith, being submitted by the Holding Company pursuant to the requirement of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 as amended ( the 'Listing Regulations').
-
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 financial statements/financial information of the associate, the statement: I. includes the resu Its of Stitched Textiles Limited.
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II. is presented in accordance with the requirements of the listing Regulations in this regard; and
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Ill. gives a true and fair view in conformity with the applicable accounting standards and other accounting principles generally accepted in India, of the consolidated net loss and other comprehensive .loss and other financial information of the Group for the quarter ended 31" March 2025 and for the year ended 31 si March, 2025.
Basis for opinion
We conducted our audit in accordance with the Standards on Auditing (SAs) specified under Section 143(10) of the Companies Act, 2013. Our responsibilities under those SAs are fu1iher described in the Auditor's Responsibilities for the Audit of the Consolidated Financial results section of our repo1i. We arc independent of the Group in accllrdancc with the Code c)f Ethics issued by the Institute or Chart1cred Accountants of India together with the ethical requirements that are relevant to our audit of the consolidated financial statements under the provisions of the Act and the Rules there under, and we have fulfilled our other ethical responsibilities in accordance with these requirements and the Code of Ethics. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our op1n1on.
Management's Responsibility for the Consolidated financial results
The statement has been prepared on the basis of the consolidated annual financial statements. The Holding Company's Board of Directors are responsible for the preparation and presentation of the statement that give a true and fair view or net prorit and other comprehensive loss of the company and
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6 • .,. . . �,r..:;cWtttg, Express Zone, Off. Western Express Highway, Malad (E), Mumbai - 400 097. Maharashtra r L\ .,\;._,.-4..,., E-mail: [email protected], [email protected] I Tel: 022-47818886,87,88,89
other financial information in accordance with the applicable accounting standards prescribed under section 133 of the Act read with relevant rules issued thereunder and other accounting principles generally accepted in India and in compliance with Regulation 33 of the listing regulations. This responsibility also includes maintenance of adequate accounting records in accordance with the provisions of the Act for safeguarding of the assets of the Group and for preventing and detecting frauds and other irregularities; selection and application of' appropriate accounting policies; making judgments and estimates that are reasonable and prudent and the design, implementation and maintenance of adequate internal financial controls, that were operating effectively for ensuring the accuracy and completeness of the accounting records, relevant to the preparation and presentation of the Statement that give a true and fair view and are free from material misstatement, whether due to f[r] aud or error which have been used for the preparation of the Statement by the Directors of the Holding Company, as aforesaid.
In preparing the Statement, the respective Board of Directors of the companies included in the Group are responsible for assessing the Group's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the Board of Directors either intends to liquidate the Group or to cease operations, or has no realistic alternative but to do so.
The respective board of directors of the companies included 111 the group are also responsible for overseeing the financial reporting process of the Group.
Auditor's Responsibilities for the Audit of the Consolidated Financial Results
Our objectives are to obtain reasonable assurance about whether the Statement as a whole is free from material misstatement, whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance but is not a guarantee that an audit conducted in accordance with SAs will always detect a material misstatement when it exists. Misstatements can arise f[r] om fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of the Statement. As part of an audit in accordance with SAs, we exercise professional judgment and maintain professional skepticism throughout the audit. We also:
-
Identify and assess the risks of material misstatement of the Statement, whether due to fraud or error, design and per[f] orm audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting f[r] om error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control.
-
Obtain an understanding of internal control relevant to the audit in order to design audit procedures that arc appropriate in the circumstances. Under Section I 43(3)(i) of the Act, we are also responsible for expressing our opinion on whether the Holding company has adequate internal financial controls with reference to[f] inancial statements in place and the operating effectiveness of such controls.
-
Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by the Board of Directors.
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-
Conclude on the appropriateness of the Board of Directors' use of the going concern basis of accounting and, based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that may cast significant doubt on the Group's ability to continue as a going concern. If we conclude that a material uncertainty exists, we are required to draw attention in our auditor's report to the related disclosures in the statement or, if such disclosures are inadequate, to modify our opinion. Our conclusions are based on the audit evidence obtained up to the date of our auditor's report. However, future events or conditions may cause the Company to cease to continue as a going concern.
-
Evaluate the overall presentation, structure and content of the Statement, including the disclosures, and whether the Statement represents the underlying transactions and events in a manner that achieves fair presentation.
-
Obtain sufficient appropriate audit evidence regarding the financial results/financial information of the entities within the Group of which we arc the independent auditors to express an opinion on the Statement. We are responsible for the direction, supervision and performance of the audit of the financial information of such entities included in the Statement of which we are the independent auditors. For the other entities included in the Statement, which have been audited by other auditors, such other auditors remain responsible for the direction, supervision and performance of the audits carried out by them. We remain solely responsible for our audit op1111on.
We communicate with those charged with governance of the Holding company regarding, among other matters, the planned scope and timing of the audit and significant audit findings, including any signi[f] icant deficiencies in internal cqntrol that we identify during our audit.
We also provide those charged with governance with a statement that we have complied with relevant ethical requirements regarding independence, and to communicate with them all relationships and other matters that may reasonably be thought to bear on our independence, and where applicable, related safeguards.
We also performed procedures in accordance with the Circular No. CIR/CFD/CMD 1/44/2019 elated 29[1] " March, 2019 issued by the Securities Exchange Board of India under Regulation 33 (8) of the Listing Regulations, to the extent. applicable.
Other Matter
We did not audit the financial statements of Stitched Textiles Limited, associate whose financial statements includes total assets of Rs. I 0,683.61 lacs as at 31[s1 ] March, 2025, total revenues of Rs. 3,340.73 lacs, total net loss after tax of' Rs. 400.79 lacs for the year ended on that elate respectively.
These financial statements have been audited by other auditors whose reports have been furnished to us by the Management and QUr opinion and conclusion on the Statement, in so far as it relates to the amounts and disclosures included in respect of these associate, is based solely on the report of the other auditor and the procedures performed by us as stated under Auditor's Responsibilities section above.
Our report 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 aucl itm.
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The Statement includes the results for the quarter ended 3 l st March, 2025 being the balancing figure between the audited figures in respect of the full financial year ended 31st March, 2025 and the published unaudited year-to-date figures up to the third quarter of the current financial year, which were subjected to a limited review by us, as required under the l,isting Regulations.
The Comparative Financial information of the company 1[:-] or the Corresponding quarter ended and year ended 31st March 2024 prepared in accordance with Ind AS included in this Statement has been reviewed and audited by the predecessor auditor. The Report of the predecessor auditor on this comparative financial information dated 30th May 2024 expressed unmodified opinion.
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For S SR V & Associates
----- End of picture text -----
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YARN SYNDICATE LIMITED
Registered Address: 13 S No-10 Devraj Estate, Nr Balaji Petrol Pump, Pirana Road, Piplaj Saijpur, Ahmedabad, Gujarat, India, 382405 CIN:LS1109GJ1946PLC.15.3!l72
Email: [email protected] website: https:/ /www.yarnsyndicate.in
Audited Consolidated Financial Results for the Quarter / Year Ended 31st March, 2025
| (AmountInlacs except for earning per share data) | (AmountInlacs except for earning per share data) | (AmountInlacs except for earning per share data) | (AmountInlacs except for earning per share data) | (AmountInlacs except for earning per share data) | |||
|---|---|---|---|---|---|---|---|
| Sr. No. | Particulars | 3 months ended Account Year Ended |
|||||
| 31.03.2025 31.12.2024 31.03.2024 31.03.2025 |
31.03.2024 | ||||||
| Audited Un-Audited Audited Audited |
Audited | ||||||
| 1 2 |
Revenue from Operations Other Income |
3,266.52 1,562.08 247.32 5,415.97 (0.11) (0.31) 104.67 13.90 |
390.32 108.58 |
||||
| 3 | TotaIRevenue(1+2) | 3,266.41 1,561.77 351.99 5,429.87 |
498.90 | ||||
| 4 | Expenses a. Cost of material consumed b. Purchase of stock-in-trade c. Change in inventories of finished goods, work-in- process and stock-in-trade d. Employees benefits expense e. Fina nee costs f. Depreciation and amortisation expense g. Other Expenses |
. . 2,091.53 1;906.10 4,709.45 623.32 - 438.39 1,027.94 271.31 {991.80) (608.70) (1,000.73) 82.81 98.99 30.66 247.67 . - 43.98 5.08 4.79 2.22 2.52 14.68 75.55 481.71 320.77 318.11 |
. 552.91 (608.70) 31.71 44.00 2.52 336.22 |
||||
| Total Expenses | 3,149.31 1,497.22 227.62 5,322.20 |
358.66 | |||||
| 5 6 |
Profit before ExceptionalItems and Extraordinary 117.10 64.55 124.37 107.67 ItemsandTax (3-4) Exceptional items . . . - |
140.25 - |
|||||
| 7 | Profit Before Tax(5-6) 117.10 64.55 124.37 107.67 |
140.25 | |||||
| Current Tax 4.70 ~~-~~ (3.99) 4.70 DeferredTax 0.89 - 0.89 |
~~-~~ - |
||||||
| 8 | Total Tax Expenses 5.59 (3.99) |
5.59 | ~~-~~ | ||||
| 9 | Profit for the period from Continuing Operations (7- 111.51 8) |
64.35· | 128.36 |
102.08 | 140.25 | ||
| 10 11 12 13 14 |
Profit from Discontinuing operations before tax - Tax expense of discontining operations - Profit from Discontinuing operations (after tax) {10- 11) Loss of Control in Subsidiary - Share of Profit/ {loss) of associates and joint venture (83.61) accounted for using equitymethod. |
- - - .. .- (29.87) |
~~-~~ ~~-~~ - - - (49.04) - {182.19) |
. - - - |
|||
| 15 | Profit for theperiod(9+12+13+14) 27.90 |
34.68 | 128.36 (129.15) |
140.25 | |||
| 16 17 18 19 |
Other comprehensive income net of taxes Total comprehensive income net of taxes (15+16) 27.90 Net Profit Attributable to: Owners of the company 27.90 Non-Controlling Interest - Details of equity share capital Paid-up equity share capital 1,275.00 Other Equity - Face value of equity share capital 10.00 Earnings Per Share {EPS) a) Basic 0.22 b)Diluted 0.22 |
~~-~~ · 34.68 34.68 1,275.00 - 10.00 0.27 0.27 |
~~-~~ - 128.36 (129.15) 63.38 (111.90) (88.25) {17.24) 1,275.00 1,275.00 - 1,054.59 10.00 10.00 1.56 {1.01) 0.04 {1.01) |
~~-~~ 140.25 75.25 64.99 1,275.00 1,166.95 10.00 1.70 0.04 |
|||
| Notes: | |||||||
| 1 The above Audited financial statement for quarter ended 31st March, 2025 has been reviewed by the Audit Committee and approved by the Board of Directors at its meeting held on 30thMay, 2025and Statutory Auditors of the Company have carried out Statutor Audit of the same. |
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| This statement has been prepared in accordance with the Companies (Indian Accounting Standards) Rules 2015 (Ind AS) prescribed under section133 of the Companies Act 2013 and other recognized accounting practices and policies to the extent �!plicable. |
|||||||
| 3 IND AS 108 relating to segment wise reporting is Not Applicable as the Company operates in one primary segment i.e"Trading in textiles". |
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| 4 The Figures of March 31, 2025 and March 31, 2024 quarters are balancing figures between audited figures in respect of full financial year upto March 31, 2025 and March 31,2024 and unaudited published year to date figures upto December 31, 2024 and December 31, 2023, being the date of end of third quarter for the financial year which were subject to limited review. |
The above Audited Consolidated Financial Results for the year ended March, 2025 and three months ended March, 2025 and un-audited results for three months s ended December, 2024 includes the Share of Profit of company's Associate Stitched Textile limited.
During the current year, Stitched Textiles limited ceased to be subsidiary of Yarn Syndicate limited with effect from 8th June 2024 on account of issue of new shares by 6 Stitched Textiles limited to other entity leading to reduction in controlling interest of Yarn Syndicate limited from 50.82% to 49.82%. - 7 Figures for the previous year and quarters have been re-grouped/ rearranged, wherever necessary. ~~I~~ I, - ,4 � ��-(. / ��,cate '(;�\ ft YARN SYNDICATE LIMITED Ii I ,.,... . '_ t1l .__ , Ill> � =------ Ravi Pandya Place: Ahmedabad Managing Director � DIN 09509086
Place: Ahmedabad Date: 30/05/2025
Yarn Syndicate limited
Registered Address: 13 S No-10 Devraj Estate, Nr Balaji Petrol Pump, Pirana Road, Piplaj Saijpur, Ahmedabad, Gujarat, India, 38240S
(CIN: LS1109GJ1946PLC153972) Email: [email protected] website: https://www.yarnsyndicate.in Consolidated Balance Sheet as at 31st March 2025
| Sr. No A) i) ii) (Rs in Lakhs) Particulars Notes As ;:at As at $1st March' 2025 31st March 2024 ASSETS Non-currentassets a) Property plant and equipment 3 111.34 455.82 b) Intangible Assets 3 0.58 884.73 c) Financial assets i) Investments 4 1,802.14 143.05 ii) Loans 5 . 1,813.84 iii) Other Financial Assets 6 . 29.45 d) Other Non-Current Assets 7 . 71.50 Total Non-Current Assets 1,914.06 3,398.40 Current assets a) Inventories 8 1,703.14 5,033.84 b) Financial assets i) Trade receivables 9 1,488.74 2,175.54 ii) Cash and cash equivalents 10 67.87 270.17 iii) Loans and advances 11 5.00 2,402.02 iv) Other Financial Asset 12 49.70 50.90 c) Current Tax Assets (Net) 13 19.65 6.67 d) Other current assets 14 1,066.61 1,147.34 Total Current Assets 440071 1108647 |
Sr. No A) i) ii) (Rs in Lakhs) Particulars Notes As ;:at As at $1st March' 2025 31st March 2024 ASSETS Non-currentassets a) Property plant and equipment 3 111.34 455.82 b) Intangible Assets 3 0.58 884.73 c) Financial assets i) Investments 4 1,802.14 143.05 ii) Loans 5 . 1,813.84 iii) Other Financial Assets 6 . 29.45 d) Other Non-Current Assets 7 . 71.50 Total Non-Current Assets 1,914.06 3,398.40 Current assets a) Inventories 8 1,703.14 5,033.84 b) Financial assets i) Trade receivables 9 1,488.74 2,175.54 ii) Cash and cash equivalents 10 67.87 270.17 iii) Loans and advances 11 5.00 2,402.02 iv) Other Financial Asset 12 49.70 50.90 c) Current Tax Assets (Net) 13 19.65 6.67 d) Other current assets 14 1,066.61 1,147.34 Total Current Assets 440071 1108647 |
|
|---|---|---|
a) Inventories b) Financial assets i) Trade receivables ii) Cash and cash equivalents iii) Loans and advances iv) Other Financial Asset c) Current Tax Assets (Net) d) Other current assets Total Current Assets |
8 9 10 11 12 13 14 |
|
| B) i) ii) Total Assets (i)+(ii) EQUITY AND LIABILITIES Equity a) Equity share capital b) Other equity c) Non Controlling Interest Total Equity liabilities |
15 . . 16 |
|
Place: Ahmedabad Date:30/05/2025
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----- Start of picture text -----
FOR YARN SYNDICATE LIMITED
I · (i�o;;;; �t � ) g_ Managing DirectorRavi Pandya (;')
DIN 09509086
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Yarn Syndicate Limited
Registered Address: 13 S No-10 Devraj Estate, Nr Balaji Petrol Pump, Pirana Road, Piplaj Saijpur, Ahmedabad, Gujarat, India, 382405
(CIN: l51109GJ1946PLC153972)
Email: [email protected] website: https:// www.yarnsyndicate.in
Consolidated Statement of Cash Flows for the year ended 31st March 2025
| (Rs in Lakhs) | ||||
|---|---|---|---|---|
| Sr. No. | Particulars | As on Year ended | As on Year ended | |
| ..31.03.2025 | 31.03.2024 | |||
| A) | Cash Flow from Operating Activities: | |||
| Profit for the year | 107.67 | 140.25 | ||
| Adjustments for :- | ||||
| Depreciation and Amortisation | 14.68 | 2.52 | ||
| Notional (Gain)/Loss on Investment | (13.89) | |||
| Other Income | . | (108.58) | ||
| Finance Cost | .... -·· | 5.08 |
44.00 | |
| Bad Debts, Advances Written off and Liabilities Written Back | 8.77 | . | ||
| Operating profit before working capital changes | 122.31 | 78.19 | ||
| ChangesinWorking Capital: | ||||
| (Increase) / Decrease in Trade Receivables | (1,542.59} | (2,175.54} | ||
| (Increase)/ Decrease in Inventories | (1,727.00} | (5,033.84} | ||
| (Increase}/ Decrease in Other Current Assets | (788.26) | (1,195.02} | ||
| (Increase}/ Decrease in Other Non- Current Assets | . | . | ||
| (Increase)/ Decrease in Other Current Financial Assets | (1.28} | . | ||
| (Increase}/ Decrease in Other Non- Current Financial Assets | . | . | ||
| (Increase}/ Decrease in Trade Payables | 3,027.71 | 6,042.01 | ||
| (Increase)/ Decrease in Other Current Liabilities & Provisions | 429.87 | 2,109.00 | ||
| Cash Generated from Operations | (479.25) | {17S.20) | ||
| Income Tax Paid (net) | (23.03} | (4.17} | ||
| Net Cash Generated by Operating Activities (A) | {502.28) | (179.37) | ||
| B} | Cash Flow from Investing Activities: | |||
| (Purchases}/Sale of Property, plant & equipments & Intangible Assets | (121.97) | (454.65) | ||
| Other Income | . | 108.58 | ||
| Loss of Control on Cash Balance of Erstwhile subsidiary company | (65.36) | . | ||
| Short term loans and advances (Given}/Received Back | 102.98 | (2,402.02} | ||
| Goodwill on Consolidation | . | (884.73} | ||
| Long term loans and advances {Given}/Received Back | . | (1,914.79) | ||
| (Purchase)/Sale of Non-current investments | (38.41} | (143.05) | ||
| Net Cash GeneratedbyInvesting Activities (B} | (122.76) | (5,690.67} | ||
| C} | Cash Flow from Financing Activities: | |||
| Proceeds from/ (Repayment of) Long term Borrowings | 427.82 | . | ||
| Proceeds from/ (Repayment of) Long term Deposits | . | 811.75 | ||
| Proceeds from/ (Repayment of) Short term Borrowings | - | 1,890.80 | ||
| Proceeds from issuance of Share Capital | . | 3,473.03 | ||
| Finance Cost Paid | {5.08} | (44.00) | ||
| Net Cash GeneratedbyFinancing Activities (C} | 422.74 | 6,131.58 | ||
| Net (Decrease}/lncreaseinCash&Cash Equivalents (A+B+C} | (202.30) | 261.54 | ||
| Cash and Cash Equivalents at Beginning of Period | 270.17 | 8.63 | ||
| Cash and Cash Equivalents at End of Period | 67.87 | 270.17 |
Notes:
-
1) The above cash flow statement has been prepared as per the "Indirect method" set out in the Indian Accounting Standard 2) Figures in bracket indicate cash outflow.
-
3) Previous year figures have been regrouped and recast wherever necessary to co 1firm to current year's classification. 4) Reconciliation of Cash and cash equivalents with the Balance Sheet:
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----- Start of picture text -----
(Rs in Lakhs}
Particulars 31st March, 2024
Balances with banks
In current accounts 67.38 263.50
Cash on hand 0.49 6.67
Total 67.87 270.17
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Place: Ahmedabad Date: 30/05/2025
YARN SYNDICATE LIMITED
CIN: L51109GJ1946PLC153972
Registered Office & Corporate office: 13, SNo-10 Devraj Estate, Nr Balaji, Petrol Pump Pirana Road Piplaj, Saijpur, Ahmedabad-Gujarat, 382405 E-mail: [email protected] Contact No: +91 78628 68215
Date: 30[th] May, 2025
To, BSE Limited Phiroze Jeejeebhoy Tower, Dalal Street, Mumbai –400 001
Dear Sir / Ma’am,
Sub: Declaration in respect of Un-Modified Opinion on Standalone and Consolidated Audited Financial Results along with Audit Report thereon for the Quarter and Year ended on 31st March, 2025.
Ref: Security Id: YARNSYN / Code: 514378
We hereby declared that the Statutory Auditor of the Company, M/s. SSRV & Associates, Chartered Accountants, Ahmedabad has issued Un-Modified Opinion on Standalone and Consolidated Audited Financial Result along with Audit Report thereon for the Quarter and year ended as on 31st March, 2025.
The declaration is given in compliance to second proviso of Reg. 33(3)(d) of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015, as amended by the SEBI (Listing Obligations and Disclosure Requirements) (Amendment), Regulations 2016, vide notification no. SEBI/LAD-NRO/GN/2016-17/001, dated 25th May, 2016.
Please take note of the same and oblige.
For, YARN SYNDICATE LIMITED
AGRAWAL Digitally signed by AGRAWAL TARACHANDB TARACHANDBHAI Date: 2025.05.30 18:20:42 HAI +05'30'
TARACHAND GANGASAHAY AGRAWAL DIRECTOR DIN: 00465635
| Declaration of unmodified opinion or statement on | ||
|---|---|---|
| impact of audit qualification | ||
| Auditor's opinion | ||
| Declaration pursuant to Regulation 33 (3) (d) of | ||
| SEBI (LODR) Regulation, 2015: | ||
| The company declares that its Statutory Auditor/s | Yes | |
| have issued an Audit Report with unmodified | ||
| opinion for the period on Standalone results | ||
| Audit firm's name | Whether the firm holds a valid peer review certificate issued by Peer Review Board of ICAI |
Certificate valid upto |
| SSRV &ASSOCIATES | Yes | 31-12-2025 |
YARN SYNDICATE LIMITED CIN: L51109GJ1946PLC153972 Registered & Corp. Office: 13 S No-10 Devraj Estate Nr Balaji, Petrol Pump Pirana Road Piplaj, Saijpur, Ahmedabad-Gujarat, 382405 E-mail: [email protected] Contact No: +91 78628 68215
Date : 30[th] May, 2025
To, BSE Limited Phiroze Jeejeebhoy Tower, Dalal Street, Mumbai – 400 001.
Dear Sir / Madam,
Sub: Statement on Deviation or Variation of funds under Regulation 32 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Ref: Security Id: YARNSYN / Code: 514378
Pursuant to Regulation 32 of the SEBI Listing Regulations and SEBI Circular No. CIR/CFD/CMD1/162/2019 dated December 24, 2019, please note that there are no deviation(s) or variation(s) in respect of the utilization of the proceeds of the Right issue of the Company during the Quarter and year ended on 31[st] March, 2025, as mentioned in the object clause of the Final Letter of Offer dated 25[th ] January 2024, please find enclosed herewith a statement in this regard.
A statement confirming that there is no deviation or variation in the utilization of these proceeds is enclosed herewith.
We hereby inform you that in Integrated Financial- General Info we are selecting “NO” for applicability of “Statement of Deviation’' as due to limitation of the column “Number of time funds raised during the quarter” we are unable to represent that we have not raised the funds in the current quarter i.e. Quarter ended 31st March ,2025.
This is to further inform that the Company has not raised any funds during the current quarter and also there are no issue proceeds pending to be utilized. However, the Company has raised fund on 25th January,2024 by way of right issue and funds are utilized fully for the purpose for which it was raised, except the amount which is yet to be utilized due to partly paid-up shares not converted into the fully paid up.
Hence, we are filing SOD for the quarter ended on 31.03.2025 with PDF of Integrated Financials considering it as a part of the Compliance and good corporate governance.
This is for your information and records please.
Thanking You,
FOR, YARN SYNDICATE LIMITED
AGRAWAL Digitally signed by AGRAWAL TARACHANDBH TARACHANDBHAI Date: 2025.05.30 18:45:38 AI +05'30'
TARACHAND GANGASAHAY AGRAWAL DIRECTOR DIN: 00465635
STATEMENT OF DEVIATION OR VARIATION IN UTILIZATION OF FUNDS RAISED:
| Name of listed entity | Yarn Syndicate Limited |
|---|---|
| Mode of Fund Raising | Rights Issue |
| Date of Raising Funds | 25-01-2024 |
| Amount Raised | 4684.50 Lakhs |
| Report filed for Quater ended | 31-03-2025 |
| Monitoring Agency | Not Applicable |
| MonitoringAgency Name, if applicable | Not Applicable |
| Is there a Deviation / Variation in use of funds raised | No |
| If yes, whether the same is pursuant to change in terms of a contract or objects, which was approved by the Unitholders |
Not Applicable |
| If Yes, Date of Unitholders Approval | Not Applicable |
| Explanation for the Deviation/Variation | Not Applicable |
| Comments of the Audit Committee after review | None |
| Comments of the auditors, if any | None |
| Set forth below are objects for which funds have been raised in the Right Issue and details of deviation, if any, in the following table: |
| Original Object | Modified Object, if any |
Original Allocation As per LOF (₹ in Lakh) |
allocation of Money As per Application Money Received (₹ in Lakh) |
Estimated deployment in FY 2024-25 (Rs. in Lakhs) |
Modified Allocation, if any |
Funds Utilized (₹ in Lakh) |
Amount of Deviation/ Variation for Quarter according to applicable object |
Remark s if any |
|---|---|---|---|---|---|---|---|---|
| Acquisition of Equity Shares in Stitched Textiles Limited |
No | 2534.50 | 1984.50 | 550.00 | - | 1984.5 | No deviation |
Shares are partly Paid |
| Incremental Working Capital |
No | 1350.00 | 0.00 | 1350.00 | - | 0.00 | Shares are partly Paid |
|
| General Corporate Purpose |
No | 800.00 | 270.00 | 530.00 | - | 270.00 | no deviation |
Shares are partly Paid |
| Total | 4684.50 | 2254.50 | 2430.00 | 2254.5 |
FOR, YARN SYNDICATE LIMITED
AGRAWAL Digitally signed by AGRAWAL TARACHANDBH TARACHANDBHAI Date: 2025.05.30 18:47:29 AI +05'30'