AUDIT REPORT

OF

\4/S. SLINCARE TRADERS LTD.

FOR THE YEAR ENDED oN 31't MARCH 2015

- I Office Address:

I 53/54/55, SAIIJANAND ESTATE,. B/TI. LALJI MULJI TRANSPORT,' / SARKITEJ-BA\aLA RoAD,

i SANATID CIRCLE,SARKIIDJ,I AHMEDABAD - 382210

: Audited br:

lvfls. B. T, VORA & CO.CHARTERED ACCOUNTANTS

706, Hemkoot Complex,- OW. Nehru Btidge, Ashram Road,

Ahmedabad - 380 009.Telefax: 26580814 / 40070814

E h d i | : bt t o tg@!gbs!!:!p!!

SUNCARE TRADERS LIMITEDCIN: U51 909cJ'1997PLC031 561

NOTICE

Notrce rs hereby given that the 18'"Annual General Meeting of the Company will be held atregistered office ofthe Company situated at 7, Shree Shakti Estate, Behind l\,ililan Comlex, Sarkhej -Sanand C.oss Road, Sarkhej, Ahmedabad - 382 210 on Wednesday, September3o, 201S at 12.00p m to transact the following business.

ORDINARY BUSINESS

To receive, consider and adopt the Audited Statement of Profit and Loss for the financial yearended lvlarch 31, 2015, the Balance Sheet as at that date and the Reports of the Directorsand Auditors thefeon

2

3

To appoint a Director in place of Mr. Sunil cupta (DlN: 00012572), whoand being eligible, offers himself for re-appointment.

To appoint a Director in place of Ms. Falguni Shah(DlNr 05263972), whoand being eligible, offers herselffor re-appointment.

To appoint Statutory Auditor and to fix thejr remuneration.

retires by rotation

retires by rotation

To consider and if thought fit, to pass with or without modification(s) the followlng resotutionas an Ordinary Resolution:

"RESOLVED THAT, pursuant to provisions of Section 139 and other applicabte provisions of theCompanies Act 2013, and the Rules framed there under, M/s B.T. VORA & Co. (FRN: 123652W),Chade.ed Accountants, Ahmedabad be and are hereby appointed as the Statutory Auditors of theCompany to hold office from the conclusion of 18th Annual General l/eeting till the conclusion oflgthAnnual General lvleeting at a remuneration as may be decided by the Board of Directors inconsultation with them, apart from payment of out-of-pocket expenses that may be incurred by themfor the puroose of audrt."

SPECIAL BUSINESS

5 To regolarize Mr Anand Lavingya (DlN: 05123678\, as a Independent Director of theCompany.

"RESOLVED THAT pursuant to the provisions of Sections 149, 152 and other applicableprovisrons, if any, of the Companies Act, 2013 (Act) and the Rules framed thereunder, read withSchedule lV of the Act, as amended from time to time, l\,4r. Anand Lavingya (DIN: 05123678), anAdddional Independent Director of the Company, submitted a declaration that he meets the criteriafor independence as provided in Section 149(6) of the Act, he is eligjble for appointment and inrespecl of whom the Company has received a notice in writing under Section 160 of the Act from amember proposing his candidature for the office of Director, be and is hereby appointed as anlndependent Difectof of the Company to hold office for a term up to Match 31,2020.'

6 To regularjze Mr.Sandeep Mulchandani (DlN: 07179679), as a lndependent Director of theCompany

"RESOLVED THAT pursuant to the provjsions of Sections 149, 152 and othef aoolicabteprovrsrons, f any, of the Companies Act, 2013 (Act) and the Rules framed thereunder, read withSchedule lV ofthe Act, as amended from time to time, tVIr.Sandeep Mulchandani (DtN: 07.j79679),an Additional Independent Director of the Company, submitted a declaration that he meets thecriteria for independence as provided in Section 149(6) ofthe Ac1, he is eligible for appointment andin respect of whom the Company has received a notice in writing under Section ,160 of the Act froma member proposing his candidature for the of{ice of Director, be and is hereby appointed as anlndependent Director of the Company to hold offlce for a term up to M arch 31,2020."

7 To regulanze Ms Mauli Bodiwala (DlN: 07173733), as a Independent Director of theCompany

'RESOLVED THAT pursuant to the provisions of Sechons 149, 152 and other applicableprovis ons, if any, of the Companies Act, 2013 (Act) and the Rutes framed thereunder, read withSchedule lV of the Act, as amended from time to time, Ms. Mauji Bodiwala (DlN:02173733), anAdditronai Independent Director of the Company, submitted a declaratjon that she meets the criteriafor independence as provided in Section 149(6) of the Act, she is eligible for appointment and inrespect of whom the Company has received a notice in writing under Section .j60 of the Act from amember proposing hs candidature for the office of Director, be and is hereby appointed as anlndependent Director of the Company to hold of{ice for a term up to lvl arch 31,2020."

REGISTERED OFFICE7, SHREE SHAKTI ESTATE,BEHIND MILAN COIVILEX,SARKHEJ. SANAND CROSS ROAD,AHMEDABAD - 382 210

BY ORDER OF THE BOARD,LIMITED

Place: AHMEDABADDate.27108120'15

NOTES:1 A member entitled to attend and vote at the meeting is entitled to appoint a prory to attend and

vote instead of himself and proxy must be a member of the company

2 Proxies, in order to be effectrve, must be received at the Registered Offlce of the Company notless than 48 hours before the commencement of the Meetino.

SUNCARE

Man{6ing Director(olN02't141441

ANNEXURE TO NOTICEEXPLANATORY STATEMENT PURSUANT TO SECTION 102 OF THE COMPANIES AGT, 2013

For ltem No.5,6 & 7

The Company had, pursuant to the provisions of Clause 52 of the Listing Agreements entered withtle Stock Exchanges, appointed L4r. Anand Lavingya (DlN: 05123678) , lrr. Sandeep Mulchandani(DlN: 07179679), and lvls. Mauli Bodiwala (DlN: 07173733) as lndependent Directors of theCompany, in compliance with the requirements of the clause.

Pursuant to the provisions of section 149 of the Compantes Act, 2013 (Act), which came in to effectfrom Apfll 1, 2014, euery listed public company is required to have at least one-third of the totalnumbef of directors as Independent Directors, who are not liable to retire by rotation. Further, anIndependent Dtfector cannot hold office for more than two consecutive terms of five years each andany tenure of an Independent Director on the commencement ofthe Companies Act, 2013 shall notbe counted as a term

Mr Anand Lavingya, Mr. Sandeep Mulchandani, and Ms. Mauli Bodiwala Independent Directors ofthe Company, have given a declaration to the Board that they meet the criteria of independence asprovided under of Section 149(6) of the Act. In the opinion of the Board, each of these DirectorsfLrifrll the conditions specified in the Act and the Rules framed thereunder for a9pornrmenr asIndependent Difector and they are independent of the management.

N,4r Anand Lavingya, Mr. Sandeep Mulchandani, and Ms. lrauli Bodiwala are not disqualified frombeing appointed as Directorc In terms of Section 164 of the Act and have given their consent to actas Directors. The Company has received notices in writing from member alongwith the deposit ofrequisite amount under Section 160 of the Act proposing the candidatures of each of Mr. AnandLavrngya, Mr. Sandeep Mulchandani, and Ms. Mauli Bodiwala lor the office of Directors of theCompany

In compliance with the provisions of Section 't49 read wjth Schedute tV of the Act, the appointmentof these directors as Independent Directors is now being placed before the Members for theiraoDroval

Brief resume, other details and the terms and conditions of appointment of the above Directors shallbe open for inspection by the lvlembers at the Registered Office of the Company during normalbusiness hours on any working day, excluding Saturday

The Boafd of Difectors fecommends the said resolutron for your approval. Save and except above,none of the other Directors or key managerial personnel or any relative of any of the Directors of theCompany or the relatives of any key managerial personnel is, in anyway, concerned or interested inthe above resolutions

REGISTERED OFFICE7, SHREE SHAKTI ESTATE,BEHIND IVILAN COI\4LEX,SARKHEJ. SANAND CROSS ROAD,AHI\IEDABAD _ 382 210

BY ORDER OF BOARD,SUNCARE LIMITED

Directoa(DtN021141,t4)

BOARD'S REPORT

SUNCARE TRADERS LIMITEDTo,The Members ofSUNCARE TRADERS LIMITED,

You Dir€ctors have pleasure in presenting the igh Board Report of the Company together withthe udited Statement of Accounts and the Auditors, Report of your company for th; financialyear ended March 31,20'15

FINANCIAL HIGHLIGHTS

{Amount in Rs.}

Particulars 2014-2015 2013-2014

Gross lncome 95,223,937 91,23'1,680

Pfofit Before Interest and Depreciation 5923731 4776098

Finance Cost 1,290,966 1,500,179

Depfeciation 296,426 't76,521

Net Profiv(Loss) Before Tax 4,336,339 3,099,398

Tax expenses 1,408,512 983,307

Net Profiu(Loss) After Tax 2,927 ,827 2,116,091

Balance of Proflv(Loss) brought forward 8,655,513 7428584

Dividend (s43,750) (760,000)

Dividend Tax (199,807) (129,162)

Surplus carrjed to Balance Sheet 10,439,783 8,655,513

STATE OF COMPANY'S AFFAIRS AND FUTURE OUTLOOK

Your Directors arc pleased to inform you that the Financial year 2014-15 was an encouragingcompare 1o pfevious yeaf fof your Company The sale of the Company has been placed at RJ952 24 Lacs as compafe to prevrous flgure of Rs. 912.32 Lacs whereas after providing for theInterest, Depreciation, and Other Expenses, the company has earned Net profit of Ra. 29.2gLacs as compare to Previous Year figure of Rs. 21.16 Lacs. your Directors are optimistic ofachieving better result jn the coming year.

Our Company is currently engaged into the business of trading of laminates sheets of BloomDekor Limited The company has got the offer to invest in the power company involved in solarpower projecl and foad development Project The solar power is developing in India andGovernment rs keen to boost the development of renewable energy in India. The Offer hascame frorn the company who had already invested in 1022 MW project which is alreadyexecuted and another project of 11 MW which is under execution.

CHANGE IN NATURE OF BUSINESS Your Company continues to operate in same business segment as that of previous year and there is no change in the nature of the business in the Current Year. DIVIDEND Your Company has declared Interim Dividend of Rs. 2.5/- i.e. 25% for financial period 2014-15. TRANSFER OF UNCLAIMED DIVIDEND TO INVESTOR EDUCATION AND PROTECTION FUND There is no any Unclaimed Dividend Amount in the Balance Sheet of the Company as on March 31st, 2015. So the Question of transferring the amount in the Investor Education And Protection Fund as per the provisions of Section 125(2) of the Companies Act, 2013, does not arise. TRANSFER TO RESERVES Your Company has not transferred any amount to reserves. INFORMATION ABOUT SUBSIDIARY / JV/ ASSOCIATE COMPANY As on March 31, 2015, the Company does not have any subsidiary, Associate or Joint Venture Company. MEETINGS OF THE BOARD OF DIRECTORS During the Financial Year 2014-15, the Company held 8 meetings of the Board of Directors as per Section 173 of Companies Act, 2013 which is summarized below. The provisions of Companies Act, 2013 were adhered to while considering the time gap between two meetings. Sr. No. Date of Meeting Board Strength No. of Directors

Present 1 28/06/2014 3 3 2 18/08/2014 3 3 3 29/09/2014 3 3 4 17/10/2014 4 4 5 27/10/2014 3 3 6 01/11/2014 3 3 7 31/12/2014 3 3 8 02/03/2015 3 3

MATERIAL CHANGES AND COMMITMENTS There have been no material changes and commitments, which is, affecting the financial position of the Company which have occurred between the end of the financial year of the Company to which the financial statements relate and the date of the report.

EXTRACT OF ANNUAL RETURN

The Extract of Annual Return as required under section 92(3) of the Companies Act, 2Oi3 andfule 12(1) of the Companies (Management and Administration) Rules, 2014, in Form lrcT_g isannexed hefewith as Annexure - 1 for your kind perusal and information.

DIRECTORS' RESPONSIBILITY STATEMENT

Pursuant to Section 134(5) of the Companies Act, 2013 the Board of Dkectors of the Companyconfirms thala) In the preparation of the annual accounts, the applicable accounting standards had been

followed along with proper explanation relating to material departures;b) The drrectors had selected such accounting policies and applied them consisten y and

made judgments and estimates that are reasonable and prudeni so as to give a true and fairvrew of the state of affairs of the company at the end of the financial yetr and of the profitand loss of the company for that period;

c) The directors had taken proper and sutficient care for the mainlenance of adequatea counting records in accordance with the provisions of this Act for safeguarding the a;setso the company and fof preventing and detec ing fraud and other irregularities;

d) The directors had preparcd the annual accounts on a going concern basis: ande) The Cornpany being untisted sub ctause (e) of sectjon 13413) is not appticabte.0 The.directors had devised proper systems to ensure compliance with the provisions of all

applicable laws and that such systems were adequate and operatjng effectivlry.

AUDITORS AND REPORT THEREON:

M/s B T VORA & Co (FRN.123652W), Chartered Accountants, Ahmedabad retire at theensurng Annual G neral lreeting and, being eligible offer themselves for reappointment. TheCompany has fec ived the certificate from th( m to the effect that the appointment if made,would be within prescribed limits under Section .139

of the Companies Act 2013.

The Board of Director of yo-ur Company recommends their appointment for a period of One yearfrom the conclusion of 18'n Annual ceneral Meeting (AGM) till the conctusion of i 9'i. An;ualGeneral lvleeting (AGM).

The Auditors Report on the accounts of the Company for the accounting year ended March 31,2015 is self-explanatory and do not call for further explanations or comments that mav betreated as adequate compliance of Section 134 ofthe Companies Act, 20j3.

LOANS. GUARANTEES AND INVESTMENTS U/S 186 OF THE COMPANIES ACT. 2013

The Company has not provided Loans, Guarantees Securities and Investments to anv oersonouring the Flnancial Yeat 2014-15.

RELATED PARry TRANSACTIONS

transactions entered by the Company during the financial year with related parties were inordrnary course of business and on an arm's length basis. The policy on materiality of

related party transactions and dealing with related party transactions as approved by the Boardmay be accessed on the Company's website. Ihere are no materially significant related partytransactions made by the company with Promoters, Directors or Key Managerial personnei etC.which may have potentiai conflict with the interest of the company at large. Thus disclosure jnForm AOC-2 is not required

OUTGO:

A. Conservation of energy:i) Steps taken / impact on conservation of energy:

NAii) Steps taken by the company

generateo:Nil

for utilizing alternate sources of energy including waste

ii) Capital investment on energy conservation equipmentlNIL

B. Technology absorption:r) The efforts made towards technology absorption,

NAli) The benefits derived like product improvement, cost reduction, product development

or import substitutioniNA

iii) In case of imported technology (imported during the last three years reckoned fromthe beginning of the financial year)-NA

C. Foreign exchange earnings and Outgo (Amount in Rs.)

There is nighterc Foreign Exchange earned in terms of actual inflows nor the Foreign Exchangeoutgo during the year in terms of actual outflows in the Company.

DIRECTORS & KEY MANAGERIAL PERSONNEL

i. Cessation:During the year there was cessation of Mr Anuj Zaveri, Director of the Company on October27.2014.

ii. Retirement by rotation:In accordance with the provisions of section 152[6] of the Act and in terms of Articles ofAssocration of ihe Company, Ms. Falguni Shah IDIN - 052639721 and Mr. Sunit cupta (DtN:00012572), will retire by rotation at the ensuing Annual cenerat Meeting and being etigibte,offer themselves for reappointment The Board recommends their reapoointment.

iii. Appointment of Director:The Board of Dfrector on October 17,2014 ap$oved appointment of Mr Mayur Shah( DIN:02114144) as an Additional Director of the Company. As Company expanding its business theBoard of Directof on March 02, 2015 Decided to appoint Mayur Shah( DtN: 02114144) as alvlanaging Director of the Company a, to look into day to day atfairs of the Company.

iv. Independent Directors:The Board of Director on May 15,2015 appfoved apporntment of lvlr. Anand Lavingya (DlNl05123678) and Ms l\/auli Bodiwala (DlN: 07173733), a prominent members of The Institute ofcompanies Secretaries of India with substantial contribution to the field of taw as an Additional

I dependent Difector to hold the office, subject to approval of the Sharehotder of the CompanyI the ensuing Annual general Meeting ofthe Company.

The Board of Director on lvlay 1 5,2015 also approved appointment of l,Ir Sandeep Mulchandani(DlN: 07'179679), a prominent members of The Institute of Chartered Accountants of India as anAdditional Independent Director to hotd the office, subject to approval of the Shareholder of theCompany In the ensuing Annual general lvleeting of the Company.

All the lndependent Director have provrded declarations that they meet the criteria of thelndependence as laid down under Section 149(6) of the Companies Act, 2Oj3 and the ListingAgreement

vi. Chairman:Mr L4ayur Shah - Managrng Director of the Company holds the chair as a chairman in theBoard Meeting of the Company.

Key Manageial Personnel:The following persons were designated as Key l\ranagerial personnell1 Mr lrayur Shah - Managrng Director2 l\,,1r. Parth Shah - Chief Financial officer3 lvls. Pooja Shah - Company Secrelary & Compliance Otficer

DEPOSITS

The company has not accepted any deposits durjng the year. lnformation relating to deposits,covered under Chapter V of the Act is nil. There are no deposits which are not in compliancewith the requirements of Chapter V of the Act.

SHARE CAPITAL

The Share Capital of the Company is as follows1. Authorised Caoital

Rs 40,00,0001 divided into 4,00,000 Equity Shares of Rs. 1O/- each.2 Paid Up CaDitaiRs 37,75,000f divided into 3,77,500 Equity Shares of Rs. 1Ol- each.

GENERAL DISCLOSURESYour Drrectors state that the Company has made disclosures in this report for the itemsprescnbed in section '134[3] of the Act and Ruie I of The Companies lAccounts] Rujes, 2014 tothe extent the transactions took place on those items during the year.

ACKNOWLEDGEMENTThe Board places on record their appreciation ofthe support of all stakeholders.

the Board,

(DrN02114144)

Place: AhmedabadDatet 27108120'15

Fo. and on behalf

MAYUfrS.HAfr"Managing Director

ANNEXURE – 1

FORM NO. MGT 9 EXTRACT OF ANNUAL RETURN

As on financial year ended on March 31, 2015

Pursuant to Section 92 (3) of the Companies Act, 2013 and rule 12(1) of the Company (Management & Administration) Rules, 2014.

I. REGISTRATION & OTHER DETAILS:

1. CIN U51909GJ1997PLC031561 2. Registration Date 22/01/1997 3. Name of the Company SUNCARE TRADERS LIMITED 4. Category/Sub-category

of the Company Company Limited by Shares

5. Address of the Registered office & contact details

7, SHREE SHAKTI ESTATE, BEHIND MILAN COMLEX, SARKHEJ - SANAND CROSS ROAD, SARKHEJ, AHMEDABAD- 382210 Tel: 079-29096047

6. Whether listed company

NO

7. Name, Address & contact details of the Registrar & Transfer Agent, if any.

N.A.

II. PRINCIPAL BUSINESS ACTIVITIES OF THE COMPANY (All the business activities

contributing 10 % or more of the total turnover of the company shall be stated) S. No.

Name and Description of main products / services

NIC Code of the Product/service

% to total turnover of the company

1 Trading Of Laminates Sheets 51909 100

III. PARTICULARS OF HOLDING, SUBSIDIARY AND ASSOCIATE COMPANIES:- NA

IV. SHARE HOLDING PATTERN (Equity Share Capital Breakup as percentage of Total

Equity) A. Category wise Share Holding:

Category of Shareholders

No. of Shares held at the beginning of the year[As on31-March-2014]

No. of Shares held at the end of the year[As on 31-March-2015]

% Changeduring the year De

mat Physical

Total % of Total Shares

Demat

Physical Total % of Total Shares

A. Promoters

(1) Indian a) Individual/ HUF - - - - - - - -

-

b) Central Govt - - - - - - - - -

c) State Govt(s) - - - - - - - - -

d) Bodies Corp. - 70,000 70,000 36.84 - 70,000 70,000 18.54 0

e) Banks / FI - - - - - - - - -

f) Any other - - - - - - - - -

Total shareholding of Promoter (A)

- 70,000 70,000 36.84 - 70,000 70,000 18.54 0

B. Public Shareholding 1. Institutions - - - - - - - - - a) Mutual Funds - - - - - - - - - b) Banks / FI - - - - - - - - - c) Central Govt - - - - - - - - -

d) State Govt(s) - - - - - - - - - e) Venture Capital Funds - - - - - - - - - f) Insurance Companies - - - - - - - - - g) FIIs - - - - - - - - -

h) Foreign Venture Capital Funds - - - - - - - - -

i) Others (specify) -

-

-

-

-

-

-

-

-

Sub-total (B)(1):- -

-

-

-

-

-

-

-

-

2. Non-Institutions a) Bodies Corp. i) Indian - - - - - 1,87,500 1,87,500 49.67 100 ii) Overseas - - - - - - - - - b) Individuals - - - - - - - - - i) Individual shareholders holding nominal share capital uptoRs. 1 lakh

- 2,690 2,690 1.39 - 2,690 2,690 0.70 -

ii) Individual shareholders holding nominal share capital in excess of Rs 1 lakh

-

1,17,370

1,17,370

61.77

-

1,17,370

1,17,370

31.90

0

c) Others (Specify) - - - - - - - - -

Non Resident Indians - - - - - - - - - Overseas Corporate Bodies

- - - - - - - - -

Foreign Nationals - - - - - - - - -

Clearing Members - - - - - - - - - Trusts - - - - - - - - -

Foreign Bodies - D R - - - - - - - - -

Sub-total (B)(2):- -

1,20,000 1,20,000

63.16 -

3,07,500 3,07,500 81.46

-

Total Public Shareholding (B)=(B)(1)+ (B)(2)

-

-

-

-

-

-

-

-

-

C. Shares held by Custodian for GDRs & ADRs - - - - - - - - - Grand Total (A+B+C) - 1,90,000

1,90,000 100 - 3,77,500 3,77,500 100 -

B. Shareholding of Promoter-

C. Shareholding Pattern of top ten Shareholders:(Other than Directors, Promoters and Holders of GDRs and ADRs):

Sr. No.

Name of Share Holder No. of Shares

Held

Address

1 Sunand Shine World wide Limited 1,87,500 04,Samedh Building, Beside Associated Petrol Pump, C.G.Road, Ahmedabad,

2 Karan Interiors Limited 70,000 1/f Dhanlaxmi Chambers, Ashram Road, Ahmedabad-380014 3 Anuj Zaveri 40,000 27, AyolanNagar Society, Nr Shreyas Crossing,

Paldi,Ahmedabad 4 Dr Sunil Gupta Jt Rupal Gupta 35,100 9, Sec 3 kalhar Bunglow, Nandoli, Gandhinagar-382001 5 Anika Suni Gupta 31,570 9, Sec 3 kalhar Bunglow, Nandoli, Gandhinagar-382001 6 Manjula Somani Jt Bina J. Somani 10,700 13, Rajkamal Society, P.O Navjeevan Ahmedabad-380014 7 Rajkumar Chaudhary 1,330 15/117 G.H Colony, Saraspur, Ahmedabd 8 Rajan Shah Jt Falguni Shah 500 A/6 Gajarwala flats, Paldi ,Ahmedabad 9 Hasumati R Shah Jt Rramesh Shah 500 A/6 Gajarwala flats, Paldi ,Ahmedabad 10 Pradip N. Desai Jt Archna Desai 100 Vikram Chambers, Ashram Road, Ahmedabad-380009

Total

377500

SN Shareholder’s Name

Shareholding at the beginning of the year Shareholding at the end of the year %

change in shareholding during the year

No. of Shares

% of total Shares of the company

%of Shares Pledged / encumbered to total shares

No. of Shares

% of total Shares of the company

%of Shares Pledged / encumbered to total shares

1 M/s. Karan Interiors Limited 70,000 36.84 0 70,000 18.54 0 0

D. Shareholding of Directors and Key Managerial Personnel:

Name Shareholding Of Each Directors And

Each Key Managerial Personnel

Shareholding At The Beginning Of The Year

Cumulative Shareholding During

The Year

No. Of Shares

% Of Total Shares Of

The Company

No. Of Shares

% Of Total Shares Of

The Company

Dr. Sunil Gupta Jt. Rupal Gupta

At the beginning of the year 35,100 16.62 35,100 16.62Date wise Increase / Decrease in Promoters Shareholding during the year specifying the reasons for increase /decrease (e.g. allotment / transfer / bonus / sweat equity etc. 0 0 0 0At the end of the year 35,100 1.92 35,100 1.92

Anand Sureshbhai Lavingia

At the beginning of the year 0 0 0 0Date wise Increase / Decrease in Promoters Shareholding during the year specifying the reasons for increase /decrease (e.g. allotment / transfer / bonus / sweat equity etc. 0 0 0 0At the end of the year 0 0 0 0

Sandeep Harshadkumar Mulchandani

At the beginning of the year 0 0 0 0Date wise Increase / Decrease in Promoters Shareholding during the year specifying the reasons for increase /decrease (e.g. allotment / transfer / bonus / sweat equity etc. 0 0 0 0At the end of the year 0 0 0 0

Mauli Sanjiv Bodiwala

At the beginning of the year 0 0 0 0Date wise Increase / Decrease in Promoters Shareholding during the year specifying the reasons for increase /decrease (e.g. allotment / transfer / bonus / sweat equity etc. 0 0 0 0At the end of the year 0 0 0 0

Mayur Dhirajlal Shah

At the beginning of the year 0 0 0 0Date wise Increase / Decrease in Promoters Shareholding during the year specifying the reasons for increase /decrease (e.g. allotment / transfer / bonus / sweat equity etc. 0 0 0 0At the end of the year 0 0 0 0

Ranjan Shah Jt.

At the beginning of the year 500 0.26 500 0.26Date wise Increase / Decrease in 0 0 0 0

B. T VORA €' Co.Chartered Accountants

704'Hemk&C 3d1r'd L Lc. Burdrnq, Ad' :07e 26s30314 /4007$14 E mr: btft@rrohi.d

Itulep e nrlant A ulitor's Re oo

To,

SUNCARE TRADDRS LMITEDAIIMDDABAD

R€pot on thc Findcial Stat'emepts :

We have audited tho acconpdying fiMcial statemots ofSUNCARE TRADERS LIMITDD C.theConpdy'), which comprise rhe Baldce Sheet s a1 31"' Mdrh, 2015, and the Srarenent oflrofit dd lrss ed cash flow statement for l})e Period ihen @ded, ad a summary of sienificd!lccounling polici$ md other oxplanalory infomadon.

MAnaedent'6 RepomiDilitv for ure Ifinancial Stal€menrs :

The Mtuagehent ald board of directob of the comptuy de rsponsible for nalles siared in S*lion134(5) of the Compani$ Act,2013('d1e acC)with rspect 10 tle prepdarion of fiose finecialslatemenls tha! give a rrxe dd fair view of $e 6n&cial posirion md finmciat pcrtommce dd cashflow of the compdy in accordance vith the Accoutrting principles generally accepted in lndiahcluding Accoundng Standdds sp4ified in section t33of lhe Acr, read wirh Rule 7of conptuis(Accounts) Ru1.s,2014. This rsponsibility includes tuintsuce of adequate accoundng records inacco.dtuce wilh the provision of the act for safeguardidg the assers or rhe company md forpleverling dd derecting fraud and orher iftguldities ,selerion dd applicalion of apprcprialeac.ountine policies mkilg judgnenb @d stinalos that @ reaonable and ptudenr, d€sign,inplemenladon dd nainteoac€ of adequate inimal findcial mntrol lbat de openting elfeclivelyfor ensurilg tbe accuacy ed completenas of the accounri.C reords , rel€vrnt lo the prepdalion &dpres.ntation of lhe filmcial shtenen$ rhat give a t$e and fair view md de free fton natc.ialmisslalement, {hedier due o Aaud or eroi

Auditor's Rsopsibilitv.

Our lsloasibility is to exprqs d ophion o. these findcid statements bded on ou audit- Wehalc tJcn inrocccounl Lhepro!kionsofLhe Acr, the rcounting cnd cudiring sl&deds mdmards which e required !o be included in the audil epon undd the prcvisions of rhe Acr and thenls nade th€rc undq we conducted ou audit in accorduce with the standdds on Audirine.pccilied under fcuon l4jrlo) ol de Acr. fiof Sranda!6 -equiF rhal we cooply \ith er\(Jrequienenrs tud pld dd perform the audil to obrain redonable dsumce about whelhd 1nefinocial statcments re ft@ fton naterial nisstatenent.

An audit involv€s pedoming pocedures to obtain audit evidence about the dounts md disclosuresin tho iDacial st temenls. The prccedue selected depend on die auditois judgnert, including rhessessnent of lhe nsks of matelia1 misstatenmt of the financial slarements, whelher due to ftaud orercr, In natitrg those risk ssessmenLs, the auditor comides intemal finecial conEol relevant to theCompmy s prepdauon of the findcial sratemnis. tiar give a rtrao od fair vjew , id order to d6igqaudrt proc€durcs that e apprcpriale in the circumstancs, bui no fo. the purpose of exgssing ddopinioD otr whe&d lne compdy ha in place d adeqnate intn6l fiodcial control system our rhefinancial reporting md opdaling effectiveness of such controls. AD audil also includes evaluating rheapprcp.iatenes of accounling poiicies used ed L\e rcdonablenes of the &counrine estinat€s madeby @npdy s ndagen@t md board of direcloa, as well ds evaluati.g rhe ovetall plqentalion oflhe fnmcial stareneds.

We believe rhdt rhe audit evidence we have obrdined is sufncienr ed apprcpriate 10 prcvide d basis

gDidq4

In ou opinion ed to the best of our inJodation dd according to ihe expldations given lo us, theaforcsaid fioocial statemenls give ihe infoeation rcquircd by the Act in the maner so requirtd fldgive a hue and fair view in confomiry will1he accoudnS principls gendally acepred in India of$e stale of dle atrairs of tho compdy as at 31" Mdch,2o15 , i$ Profil/In$ dd irs Crsh now for the

Rcl,orl op OtlerLceal tud Reaxlatorv Requirments:

L As lequired by the Conpdies (Auditor's Repo.t) Ordq, 2015 ('the O!del') issued by rhecentral Govmen! of India in tems of sub s41ion ( 11) of section 143 of the Act, we give inthe Anrcxue a statemctrr on $e natle6 sp4ified in pmgraphs 3 md 4 of the Ordd.

2. Asrequircdbysection l4J(J)orlheAcL$ercpo-ldar:

a) we have sotrgh! dd oblajn€d all the infomation dd €xplmanons which to lhe best of ourlnowledge dd belief werc necssary for the puryose of ou. audili

b) in our opioion prope. books of a@out as required by law have ben kepl by rhe Compeyso fd as alpers fton ou damination of rhose books.

c) the Ealdce Sheet, Stalenenl of Prcfit md Los dd Cdh Flow Sr.rment dslt witb bythis Repon de in agreenent with the books of account.

d) in ou opjnio& the afosaid finmcial slatments 6Dply with the applicable AcconnridgSlan<Lrds specifi€d under Section 133 of the A.r, {ith Rule 7 of the conp&i* (Accounts)Rlls 2014.

e) on lhe b6is of writto iQresentations rc@ived 6om tho dir@lo6 as on 31"'March. 20i5.ad taken on ftco.d by the Bord of Dire.rors, none of the dnerors is disquatitied as on3l " Mmh , 2015, f.on being appoinred d a dir@tor in refrs of Section 164(2) of rtE Act,

i) With espect to th€ othq natlers to be ilcluded h the Audilois Report in accddace withRule 1 1 of lhe Coopanis(Audrr ard Auditos)Rule,2014,In our opinion ad 10 rhe best ofidomarior dd &cording to rhe explaation givd to us :

i. Tle Compmy does nor havo ay pelding litigadon which would inpact the

ii. The Compdy did no1 have my long tem connacrs inctuding derivativesconlnct : 6 such the qusdon of .o@enting on ay mte.ial forcs@blel6s6 rhd@o does not &ise.

iii, The€ hs no! bed oe.sion in rhe case of the Conpmy duing lhe y@undd repolt to rtusfd dy suns to the invelor Educdlion ad prot€tionFund. The question of delay in taosfming such su@ do€s not dse

Diletry|8n|EMdbeNhip No. :013046

FRN:123552W

ANNBXURE

(ReGred ro in-pdag€ph I mder the tr*ding ot..Reton on other Leeal dd RegutaroryRequn€nals" of our R.pon of ev€n date)

l. Fi\ed Assetr:a) Tfecommy h4 maioBined props Fcodsshowins tu panicutrs inclua ine qualirari\ e d.raits

md stuol onol lired assfls. Tbesrmc rre iD theDrocess ofb.irg utdrl.d,

bJ As erplained lo us,ome ofrhe fixed tusers $qe prysical, \*'[eo by lhe n$"eedenr durjnehe )w dl regutd ntedat(. A@rding to $e intolmlion and exptdorion siven ,o us nomterials discrpdcies were nolced no such v€nfi@lion.

2, Inventorics:a) The inveotory has been physicatty verified during the year atyear, end bythe management, rn

our op'nion, thefrequency ofveritication is reasonable.

b) In our opi.ion, and accordingtothe informalon and exptanation given to usthe procedures ofphysicalverification of inventory fottowed byrhe management.re reasonabte and adeqoate inrelation to the size of the cohpany and nature of its ousrness.

c) h ouropinionand accordingtotheinformationand exptanations given to us, and on thebasis ofour examination of the .ecords of inventory the company is maintaining proper records ofinventory, No discrepancies is noticed on physicatof invenrory as compared to the bookrecordsas per availablewith the comDanv.

3- Loan eranted:a) In olr opinion, the company has not granted any toans, secured o! unseco.ed, to companies,

rirms orother paities listed in the Registernaintained U/s.189 ofthe Companies Act.

b) Ihe receipt ofprinciple amount does not ar'se.c) There is no overdue in view ofno repayment schedute stiputared,

4.InternalControl:h our opinion and according to the information and exptanatioos Civen to ut there are adequateinternal control procedure conmenslr.te sith the size of rhe companv and the nature of itsbus'ness with regard to purchases of inventory fixed assets and with regard to the sate ofgoods.During the course of our aldil we have not obs€rued any continuing faiture ro coii€ct majorweakness in internal controls,

5- Public Deposit:In our opinion and accordingto the information and exptanations given to us, the companv has notaccepted any deposits from the public. Tberelore, the provision ofthe ctause 3(V)of the oder arenot applicable to the companv,

/"9i{si

To the best of our knowledge and according to information given to us, the cenrraleovernment hasnot presclibed maintenance of cost rccofds u/s. 148{1) of the cohpanies act, in respect of the.ctivities caried on bythe company.

7, StatutorvDues:

a) According to the.ecords ofthe Comp.ny & exptanation and information provided, undispuredstatutorydues including Provident Funds, Investor Edlc.tion and Income Tax,satesTax. customDuty, E cise outy and other statutory dues have been generaly regulany deposited wirh the.ppropriate authorities. According to the information and exptanations aiven to ur noundisputed ahounts payable in resped of the statutory dues ourtanding as on 31.' March,2015fora period of more than six months from the date ofbecoming payabte.

According to information .nd explanation given to us, and as reponed by the management,there is no disputed dues ofSates-Tax, whjch is not deposited.

c) AccordJng to the inform:tion and explanations Civen to us there is no anounts which were required tobe kansfeiied to the investor educarion and protection iund in accordan.e wtth the relevant provGionsof the CompaniesAct and rules there lndei

a. accumulated Losses:

6,CostRe@rds:

10. Guaranteesforother:

The company has no accumulatedin the financial year ended on thai

9. Repavmentdetault:

Based on oo.audit prccedures andof the opinion that the cofipany

lo$es as at 31'r March,2015 and it has not incuiied casn @sses

according to the inforhation and explanation given to us, we arehas not defallted in .epayment of dues to inancial institution,

to the iniormation and explanationsCive. to us/ Noguarantee given byby other, froh bank and f inancial institutions.

h our oPinio. and accordingthe company for loans t€ken

To the bestofour knowledge and beliefand ac@rdingtothe information and explanation Civen tous, t€rm loan is .ot availed by the Company.

beliefand ac@rdlng to the informatjon and exptanations given tow.s noticed or reported during the year.

Mmbe6hlp Na t3046

B.TVORAS@.Chartered Accountants

706,'Hmroi 3.irid Lr.c, Bu tdliq, A+am R@d, arn€dahd 330 009. phoE j I 079 , 26ss0s14 / 40onBl4 E.m I : b|le@iohri M

I

I

I

(b) Defsred bx riabr itrs 1n4)

(d) lonsierm lGns and advai.er

(dl shodrerm roans :nd advan.es

ac

I

ah

B.TVORAS@.Chartered Accountants

704'Hemr@ 3d5nd L r.C.8urdr.4, A+Em R6d, nhnedaba+380 009. phoE 3 I079,26sS0Sl4 / 4O0nS14 E.ro j : b@@hohi.@n

SUNCARETRADERS LIMITEDsGrements of P'ofi I & ro$forthePeriod endedon Jrn Mc(h, 2or5

nevenue fon opemrions {sross)

Revenue fron opa.arions {netl

{a) cosr or materiars consumed(b) Pu(haes of stock,ini6de(c) Chanses n inv€mories of fi nished(d) Employee benefi ts expenses

(r) oepre.iatio n and a mo rtisatron expen se

lh)ft orperiodE penses(Net)

Profitl (to$) befo,e ex.eptionaliremsand tax

Tax expense for.urent ye..

Tar erpene relalin€to prioryea6

oerercd t3x expense / (in.one)

I3 sr,u31,630

124,2161

See a.6mpanying nores fornins part of thennanciar statenent!In rerms of our €pod atr.ched.

Forand on behalfofiho Board ol Dnedou

xlffi- dlntysdnilGupra wl,#Utr,

\ sa>E

SA NCANE TRADERS I.I MITEDACCOAIiTINC IEAR 20 I 4- l5

Notes llotni& oa.tof & Ac.ounts

1) Siprifi.ant Accotuti@ Poli.i.s

I) METEQD OF ACCOUNIINGThe findcial statemen$ have ben pftp@d to compty in all narelial rap@rs withle Af9b'ins sLarddds nolified by codp&s {Af,oMrins s;ddds ,Rules.2006 dd

'he relevml provirions or lhc Cobptuies Acl, ,208. The fi0eciJt

statenentr de prepded ude.lhe historical cost convention on aenal basi exceDtbce|lam expdses dd retirenenr benefit which de accounted in the ved of

or tiabiliry tud de in aro,ddce q,rh rhc g;0sdllyaccopted accounting principles,

Ute of Esti'tutesThe pFpd"Lion of llnmcral sroLenenr5 m .ontomily qrLh geneElly acceptedaccoube pMcrpl* Fqures btuagrrent to dakc srimcrs rd a$ubptions lhataffect lho reponed amounrs of 6s.h and liabilities d<l discloslre of;oatneenliiabilities ar the dare of Lhe tumcial surd.nrs md Lhe re,uk o" oDe€uon, du;dsrbe FponirS period. Al$ough rhese sLidr'* de bqsed upon ranc8eo*rt oe.ihowledge of cuenl events dd acriols, ebral resutts could differ fton rhese

III) FIXED ASSETS & DEPRECIATION :a) Fixed assets e sta&d at cosr less accunutated depreciation cosls Comprise of

@sl of acqui! ion ud attliblrable cosr bri!8ing rhe 6set ro conditid for itsinbnded use.

b) Depr@iation on fixed a$ers has been prcvided on staigh! line method aj peruseftl life pMcribed in Schedule lI to nle compdies Acr, 2013. Dep@iatlemount for dset! is rhe @st of an dset or other mount subsrirured fd costlss its estinared residual value.

IV) INVST:ME}I'|S:lnvstnenrs e sraied at cost

v) TNI/ENTORY:The stock -in-tr"de is being valued at lower of cos! or re.lizablo vahe or FIFO

VI) PURCHASESPuchaes are accounled ar pq invoice value net ofVAT.

4

v ) slLE

:"*,:1.':""*diTil*. on derilery !o ostomqs a.r excrtrdins uounrs

VIII) EMPLOYEE BENBIIITS:T"1e @Dpany tb rc schebe! toredptoy* benefir5 ecordingt) iiabitLies for lcdvesary, grnl|lyer.. ee 0ol deFmined. & prcqded n acco!nrs. ttwillbppaid vtenliabitity dises_

IX) TAXES ON INCOME:Povision for iocone rax is deremined in ac.ordde with tbe provisions of rnconeto acL to6l hd AccouDrins Slfudad As_2) for ,"r., ." ,;""." ;,;;-;;Ds rrure or Lnr4eed Accojrdrb or hdra. Tax e\penF5 born omr r; ddderered

'ax clftnt h< is mca.ued ar lbe mou.r expelled lo be di(h@e ro lnettu 4rboriries u,ins |}e appticrbte h Rts. Defened 6 o,., -; i"tt-"ir;. ;;Hognrd jo !l1h Er m0re{dm.e! aruiburabtF ,o rimi0g drifssc* betecenwaDre rlcom and ecounrrng iocome Lhar re capab.e ot reveFing 0 one or ornorc subsequenr perio.ts ad ee neasued ar rclevtut €nacred rax rar;.

The above disciosurc is mde alte. lakiog i1 to accounr the hirciple of nalerialirv,

NOI:ES ON ACCOUNTS:1, EstiDared Mounr of contracls lmaininS lo be executed on capirat accourr ed notprovided fo. Rs, Nil.

5.

3.

2.

The amomr due to smalt scale ed dcillary under taLjng is not@npanyis in the Fadilg businas ,nd pfchse of llading goodr

Conlingent liabiliry not provided for is also NIL as r€poned.

OTHf,R ADDITIONAL INFORMATIoN I2014-15 2013.t4

Value of jnpo( or CIF NIL NIL

Eming in ForoieD@€ncy

NIL NIL

Expenditue i! Foreign NIL NIL

Dekorfd. which is a plbtic coopan' md oor a SsI uir.

In acco.ddce wiih accoundng stodrdby the ICAI1he company hd accourled

A-22 accoutine for ldes on jn.one issueddeffred ldes durbg fte yer.

$sa;p?\i1!

Major conponenis of defeded tlx liability is as undd.

I) Diffe.ence between book dep!@iation od rd depreialio!.

F,y.2014-1540779

Il.ZJt:!!60995

'7.

FiCrres bave beon rounded off to the nedsr rupe.

b theopinrcn of 6e boN cuftnr ajcB.loms ud advtufs re dDprcxftrely otl.-.]1":.::,:J ir r€ariad h (he ordinary couse or busine$. p.;vis.ob oi arrMovo Lub J'bes tue adequa{e dd nor i, eres of ,J,. -""", ;;;;";;l;

ofb8jeces due b / from parri* 6 per acconnBany aolusdncnt ifn4€ssd, wi be made when

9_

8_

l0 &elated Parry Dirct

nY2014.15 nY20l3-r4

534800 916800514800 916800

Sr. NATURE _ -F'LATIONSIIP

NATURI OFTRANSATION

AMOUNT2014-15

788_4r

AMOUNT20L3-14

761.48

0.56

l4s

I4!!9.03

1.58

1.60

!4sNil

2 Anik Holdings Pvl_ Ltd. NI 0.'t2

31.80 1,80

SuoilS, Cupta 0.96Ilcs 0.96Lics

lt. Eminq per shar6

20t4-15 2013-142921821 21r6091

2) Weigbred avengo 236875 l'0000

12,36 1l-14The comprny has ro1 ascstained r€quiremmt of ASJ5 posr enployndr benefit alpe! rcqufem{t of As 15 dd has no define poticy thdeot

lmpairmdt ofA$eb AS-28

Tle magemerr has assesed wherher r.lere is tuy inpaimenr of Asers, od&cordingly thde is !o lss or inDaimell of Assers.

t2.

13.

**_.ffi*{ore s share cao,tal

a at r,t;tloistreglr,fi;a;C) adh;;;

,o"t.nr,u. orO.rO" u*n *nn uor,Uii

Equity shares o, ns.1ol. each with vorjng rlshts

lil,,':::,"il: iJl ::::.J,,Yg!l!! ishrr

aao,ooo

Reconcittton ot Shares autstandin alke be and at the end af Decemb$ h rc

ApebibUsleegeUayeeeZstetetpU,, wa,

rs at l ua,th;ti * "

rr ',..r', iiA1T',"'lvRt-#il1---.--hgPm

ijsuad D!.ing rhe ye,O,tt"nO;nC ur t *_--;;;ir,;ye;

nore than S% sharcs.

Cla$of shaEs/Nameof sharehotde,

:quiry3hae __-

@u4soMAr(r. BWr j soMANr jR SUNtrGU4AIN RUhIGUTA I

r' a :r uu*i,iiE l:!!:!4d;on

'be"wddwid"d

Not€ 4 Resefl es and surprus

Add:Add tion durinstheeperiod on issue.l !37,500shaGs@

closing balane

Add: I6idered f iom surplus in sbtement orPofi t and Lo$res: utirked /randercd du ns theyeal

clding baranGsurplus/(DeficitlrnsratementorPbfitand Lo$

add: P.or't / (to$) tor the year

Dividend Distibution Tax FJ.2013 14D ivid en d D ieribution Tax FY ?014,1s

Iiansfe.ror Gene6l reserue

Frcm Diredo6 (suiil cupra)

Note 6 Differcd 1ax aseb / riabilily{Ner)

Timingdlff beMeen bookand taxdeprctiarion

rrcm bank (workin! capital toan)(secu€d sgahi hypothietioh of sock

(al curcnt maluritier or lonE.t€rn debt

r{ore 10 shodiern provisio.s

o^ fdr Income rar (neloJf advance iax oard)on forpbposed€quilydivldend & sx thereon

:i-

TEc!

a *.q

6 C€+ +Ex ;.!

2 EE: ai

! E=

: iRt :33

':u eE

* !-g

:: =E! I t*

c s. !Ii E EI

E.E 39i ;g9. -e i Fi = azirP: E-s

ie

Ra

e

E

;

{

j

EG 3 { Ss 3

5

9 gshg s

R

{5:-5

&

{;

$E € 6 i9s E g 3

E.E

R

z

g

iP

"6i! EE

iEEE;ttgs8e€i,?geB6o 393

34

Ee

d a

E

a

3P

a

a

63

E

;.1 g BF€?'! €a ..

2

6E

E

g

.iEe

6

Not€ 13 Long-term loans and advanc€s

Unsecurcd, cons|deled good

(bladvan.elnometax (netof provisiont unse.ured,

(.) salanceswlthsovernmen!:lthoftiesunsecurcd, considered sood

(d) Otherloans and advancet

tnsecurcd, considered sood

sto.k-inr6de (acquned ror tadjne)

Note 15 TEd€ re.elvables

TEde Ecivables outstanding for a period eke€ding sixmonthsfrcmthedatcthevweredueforpaynent

unsecured,.onsidered good

l.lnse.ured, snsidered good

Not€ 16 cash and .ash €qlivalentr

(b) Balan@s with bank(curcntAccount )

Nine lTShofrrern loans.nd adea.es

(a) Loa.s and adEi.es to enploy€es

unsecured,.onsidered sood

(b)Prcpaidexpenses-unsecur€d,@hsider€dsoodP@paid lPo Expendirure

UnFcurcd, considered eoodExce$ Dividend pa id (RecoveE ble Net )

o'hsopeiatins rewMa(Nok l )

(i)

quanedYouantity DG.ount

speciarDrs@unron$lesRate Drfte.n.e on sales

n:

^n:

othoroFe€tins rcvenuer @mpfi re:

Note zo,a Pudase ortaded soods

Add: Freighr hward / odrcr & hlian.e

Le$ : Rate difterence or pukhde

Note 20,b ahanser in inventones ot fintshed goods, work-inrrccE$ and no.k-inir.de

Note 21 Emproyee benefits expen5e

sro.k-lnriade at the ond or $e year:

sro.k-rtrir.do atrhe be8innrnsof the year

tPaymentstother!diroE.omDik.16*dito6-sbt,b.*d,&b"-dit

I

Godowi / onift Renvamenirbs

rsa & Refrcihnent lofi. codown)

Frcisht outu{d/rranspdturioi

B1'g-so

Nore :24 lanins P$ shirc ( .P5 I

GROUPPING OF BAUNCE SHEET NOIES

sunarcrade^ ud, Ahmedabad

o:'o

€@@!!P.q$!oe I b4:te@l@d adGner

*l

oepos drh sat6 rar depadment

GROUPPING OF P/L NOTESGrouppins of Note22 Finrnce con

Groupping of Note24 orher rxpen5es

Ii) Bonowinos

liii) athe6

Interest on Profe$ional Tax

DadaSed Goods claim A/c.

32,472

52,3J6

16':07