PCL/SE/11/2019-2020
re PARAMOUNT CABLES
08.11.2019
The Corporate Relationship Department
The Bombay Stock Exchange Ltd.
Phiroze Jeejeebhoy Towers,
Dalal Street,
Mumbai-400 001
The General Manager- Listing
National Stock Exchange of India Ltd.
“Exchange Plaza”, Bandra-Kurla Complex,
Bandra (East),
Mumbai-400 051
Symbol/Scrip Code: (BSE)530555/(NSE) PARACABLES
Sub: Outcome of the Board Meeting
Dear Sir,
Pursuant to Regulation 33 of SEBI (Listing Obligation and Disclosure Requirement)
Regulation, 2015 (Listing Regulations), this is to inform you that Board at its meeting held
on today i.e. 08.11.2019 has approved and taken on records the Unaudited Financial
Results for the Second Quarter and Half Year ended 30.09.2019
The Copies of the Un-Audited Financial Results along with Limited Review Report are
enclosed for the information and record.
In addition to the above following items were discussed/approved:
1. Toissue and allot, subject to the approval of the shareholders of the Company,
a maximum of upto 2,24,00,000 equity warrants of the Company convertible
into equivalent number of equity shares of face value Rs. 2 each (“Equity
Warrants”) to the following Promoters and persons / entities belonging to the
Promoter Group:
Sr. No. Name of Person No. of Warrants
1 SANJAY AGGARWAL 43,00,000
2 SANDEEP AGGARWAL 43,00,000
3 KAMLA AGGARWAL 5,00,000
4 SANJAY AGGARWAL HUF 14,50,000
5 DHRUV AGGARWAL 14,50,000
6 TUSHAR AGGARWAL 14,50,000
7 PARTH AGGARWAL 14,50,000
8 PARAMOUNT TELECABLES LIMITED 75,00,000
2. The Board considered and approved the notice for passing resolution of
Issue of preferential allotment by means of Postal Ballot in accordance
with the provisions of Companies Act, 2013 and rules / regulations made
thereunder.
Paramount Communications Ltd
Paramount House
C-125 Naraina Industrial Area Phase-1
New Delhi - 110028
t: +91 11 45618800
f: +91 11 25893719-20
www.paramountcables.gcom
CIN : L74899DL1994PLC061295
The issue price for the proposed allotment of Equity Warrant will be determined
in accordance with the Securities and Exchange Board of India (Issue of Capital
and Disclosure Requirements) Regulations, 2018.
The Board Meeting commenced at 2.00 P.M. and concluded 4.00 P.M.
Kindly acknowledge the receipt of same
5 >
t & =f
Zk
AC
\ ;
, °
, ,
. °
: .
- .
. aiseg (1)
So 3(suonesado
S=
pr] SUONE oiunw
ly B4 e
RUODSIP Joy}
“sy Ul
aleYys AyNbe
sed sbuwey |
XIX =
iE
PLL $90
18°0 ro
60 zr'0
ve $90
Leo rr'0
6e0 zr'0
panic (2)
= -
soo 180
ro
6e0 zr’
PLL S90
Leo bro
6e0 zo
aiseg (1)
0 J
0
8 ug
toh
e Y
o
:(suogesodo Buinunuos
@
(jeauebby Aelues
Buinurjuoasip 404)
"sy ur
aaeys Aynba
sad sbuwey
XX =
2" I
; E
: .
: .
- -
- .
painug (2)
pL t pL
ID Leo
d Ao
6e'0 cro
PLL S90
Leo oro
6€0 eyo
painid (Z)
=
180 rv'0
ét°0 z'0
bz 1
S90
180 vr0
6e0
cro
aiseg (1)
Mey
:(suoyesedo ———
Buinunjuos 404)
"sy ul
aseys Aynba
sed sBujwieg |
IIIAX
12°902'0L 12°90L'0L
Aynby yayjo |
AX
B7°Sth's ao
Sere ar sere
9'Sey'e 87'Ser'e
eo Sey'e 97'ser'e
a9'Ser'e a?'ser'e
QoSer’e a9'Ser'e
87 Sere (aeys
Jad Z
'sy) jeldeo
aseys Aynbe
dn-pieg |
IAX
(AIX +
TIX) (Popad
ZE96'7
$6'€90'1 06°68e'L
lr'lel (Zoe
b9LEL
COPLET
SOEIO'L
06'6ee'L Le°ZeZ
leC99 69°L2L
AY} 10)
BWODU! SAjsuUeYyadO>
Jayjo pun
(sso7) /yolg
Bujsudwos
) awosu| aajsuayaidiuos
IDJoL |
AX
98°0 (szz)
ev'0 (ge'l)
\cO zo
990 ($27)
ero (ee"L]
\Z'0 zo
(Aix ) awou]
aajsusyasduso> sayjo
[DJOL
= -
x =
$80] Y yOu
Of PaissD|D9e1
- -
2q IM
{DY sWE})
Of Buyojes
xD} BWODU|
- .
- SSO]
JO JYOId
Of PaYlssDJ[Da1
Bq |HIM JOU
SWUSY] {]}
“G
: *
$80| F
JYOld O}
paylsspj[De1 3g
JOU |IM
yOUL sua}!
Of BuYOjad
xD, SOD UY
(|I}
980 (SZ)
ero
(ge'L) 170
20
98°0 (S£@)
ero
(ge"l) 1z0
wo
JO youd
Of Paylsso[De1
eq you
HIM JOUY
sway (I)
“¥
IDO) euosu] aajsusyasduos say |
AIX
96 SLES
02°990'L Ly
aee'l 6L9EL
00799
LYLEL
96'S 16%
02°990'L p6ee'L
62°8EL 007799
LV LL
CUX +
XI) Poped
ayy 10}
(sso7)/Wyoud |
II1X
: *
. “
« “
. -
- -
* (xe]
eye) SUOHeJedo penuljuCOsIP
Wo
(S$OT)AYUd
Ix
. *
¢ 7
* .
= “
- suonesedo penuljucasip
Jo asuadxa xe]
(IX
. *
“ -
* =
- =
SUOIEJedo PaNnulUCISIP
WO) (SSO7)AYOd
x
UoYDIado panuyuossiq
(IIA - 1A)
suoyoedo)
96 S187
02°990'L Lp
ége'l 6L8EL
00799
Ly°L2L 96 S
LES
02°990'L Ly'6ee'L
6L£°BEL 00°799
LOLOL
Bujnuyuo> woy popad
ayj 10)
(sso7) / jyOld
+ =
* -
: +
= “
= BSUSAXS
XP} |DJO]
2 =
: :
: :
: xD]
paueyed (Il)
: :
- =
= *
* =
* =
2 es
XD] JUSLIAD
(]}
asuedxe xD]
96SLEC
02'990'L Lv'6ge'l
6Z8EL
o0'z99 LOLEL
96'S16'% 02°990'L
Ly eee'l
6£°BEL 00°%99
LV LL
(IAFA) xpy]
IIA
@ojaq
jnq sway |DUOYda>x~a JayD
($S07) yYOld
i. -
- -
- 7
7 -
- =
- *
sWa}} |DUOIdeaaxy
IA
96 SLES
02'990'L ceeee'L
62°8€2 00799
LeLeL
96S LET
02£°990'L Ly
see'l 62°8EZL
00799
LV'LEL (Al)
A
II} XD4
pub sway |DUOYdasxs alojaq
(sso7) Wold
SL L9e’es
L7'ES LST
1Z626°67
BL Z97' FL
CE C09'F |
BE'SLZ'bL EL
L9G‘eS L7ESL'SZ
LLOLE°6%
Bl Z9z'FL
€EE09'F I
Be°SZZ'FL (Al)
sasuaddg
|Djo]
$2 6S7'8
BL 16Z'E
LOSLLP
S¥BSOT
I6ERO'% 96
LET
676508
BléZze
LeSLL'b
SPresoz
L6'e80'? 96
LENS
sasuadxa seulo
{())
es 98
SSCP
POLIS
fF OLS
LEC8Z
L6°Pee e698
SS CCP
PELIS
ZOE
LE'T8S Lo
78S asuadXe UOHOZIOWUD
puDd UOYoIDa1deq
(3}
TP LOL
90 1CE
IweLS
SS CEL 22
60E HoEIe
CPV LEL
9O'1ZE 90 T
LS
SS'CEL 72'60E
voeIT
sjsOD BDuDUIY
(p}
PL PlZ'L
SLise
es°9es os'rer
6697
bUL97
PL eLZ'L
SLIS8
BS°9E6 OS'PEr
bE 697
él Lop
asuadxa
syyjaueg asdojdiwg
(>)
SPDI-Ul-YDOs PUD ssasBosd-ul-yIOM
(preal's) | lrosrs'l)
— [lve-9e9)
(S729 1)
(oe'zze' tL)
0"989 (poset)
§ |ivssrs'l]
| (ee-ve9) (SZ
1] foe
ze' lL)
0°989 ‘spooB
paysiuy Jo
seuoju@Aut ul seBuDyD
(q)
LLS8L'0S
LYILENT
CLUEB'ES
leess'
LL PLOSLZL
8S LHO'LL
LLS6L‘0S
LY9IE' IZ
CLTCS'ES
lees‘
Ll PLOBLTZL
86 LPO'LL
PAWINSUOD s|DUBJOWW
JO |s0D
(Dd)
sasuadyg
60°L22'19 L6°610'9S
BL B9L‘0E
£6°S00'S |
CES9IZ'SL $8°Z0S‘SL
60LL2'L9
L6617'9%
BL BP7Z‘0E
26°S00'S |
SES9T'SL
$8°Z0S'SL (+1)
@nusaay
[POL
9208S
US'9S |
S106
L604 Ob
rr se°Sp
9Z'08E IS9S1L
S06
LéO£ Of rr
sosy
@WODUIJEUIO
ll
ee ory'lo
97'E90'97 €0°829'0e
90'SES6'FL £0
1727'S 1 00°2SP’SL
ee orb Le
IVEIO'9T
e0ez9'0e
90'SE6'F |
€0'122’S 1
00°ZS%'SL SUOIJDIBdO LUO.
SNUSASY
|
polpny
pemalsquuy |
paypaouy
pamaiaaiuy pamalseiun
| Pappapun
paypny
payipnpuy peypnoun
paypnpun
peppnoun
Paypnpun
éloz‘eoLe | gldz4o;0e | 4lozéa’oe |
BL0zZ460'0E | 610z
90°:0E | 4LOz407;0e
|
SLOZ OLE
| BL0z
doe
| LOZ 40;DE
| BlOZ4O;OE | 6107 9
00E |
6107'40°0E
papud
Jes, pepug yuo
xIS papuq seyONd
pepug Jee,
Pepuz yjuow xg
Papug JepoDNd
eeu
oN
dilvanosNo>
INOCIVONVIS
(oye
Ul Sey}
610% ‘ YAGWALdIS
HLOS GIGNI
SHINOW
XIS GNY
YaLdVNO
JHL YOd
S11NSAY TVIONVNIJ GILIGNYNN G3LVANOSNOSD GNV
JNOTVAGNVIS
JO LINIWALVLS
S6ZL900 Idr661
1066er21:
NID Woo
se|qeosjuNOWeJeEd MM
<aysgafA ‘WOd'se|qesjunowEsed@)9d
*[eww-F
O@/6}-ZE68SZ-bb-16+ “ON
X24 '006-0088L9S#-1
b-L6+ Ud
BZOOL LUIS
MON ‘BUIJEN
*}-aseyd ‘eesy
JEUISNPU] BUIBIEN
‘SZL-D
SLIT SNOLLVOINNWAOD LNNOWVavd
vS'963'97 vs'Set Ts
vS'968'97 p8°SET
TS saiuyiqel|
pue Aynba
|e101
039
9 uewey9
66°9S 86°95
66°9S 86°95
SuOIsIAoid (9)
(jemuebby Aefues)
TL62L O8°6E
TL'6¢L O8°6E
salqpigey yuasiNd
38430 (q)
TE'v99'T 99°S92'Z
TT 799'T 95°S92'7
saligely jemueuly
49430 (It)
we
het a
00°790‘0T 89°288'TT
00°790‘0T 89°288'TT
s19410-
a i suojeounwwo)
qunow B1eg JO4
CT992
£77902 cT992
£0°90@ saslidsa}uz
jews
7g OI
07 aNg-
sajqeAed apedt (I!)
OS’@7T OS’8ST
OS 72T
Os’8sT ssulmolog
(I)
sanigen jelueuly
(e)
sanigel yueunz)
(2)
E8EST
ESET
eB ES7
OE SEZ
suolsiaold (q)
2 97
OTT
- 97'9TY'T
sanyiqel jeloueuly
sayI© (11)
6€°L6S‘6T 08°
22S‘8T 6€°26S‘6T
08°£7S‘8T
sSulmoliog
(1)
ger jeroueuty
(2)
sanigel| yuesns-uon|
(T)
TZ'90Z'0T =|
TP960'7T =|
Tz'902'0T =|
TT 960°7T Ainbs
48430 (9)
89°Ser'e go'ser’e
gorcere g9'sev'e
jeyideo aueys
Aqinb3 (e)
Ayinb3
sarge
pue Aynb3|
vS°968'9V v8°SET'TS
vS'968'97 v8'SETTS
syosse [2301
vETST'T 86°Crr'T
vETST'T 86 try'T
sjasse 2Ua1IN2
Ja430 (Pp)
Ee Ltt v6°90Z
ee ctl
v6°907 (Jeu)
syasse xe}
JUaIING (3)
SZ'VSE vever
S@ySE vEevcy
syasse jeoueuls
J84i0 (A)
ev tv 78°C6
ev tv c8°c6
sueo] (Al)
SS'OTO'T BE 00r'T
SS'OTO'T BE 00r'T
aaoge (i!)
UeY} Jey}
sadue|eg yueg
So E6T
OT ES SOE6T
9T'es squajeainba
ysed pue
yse>
vREveTZ |oLese’ez
| vs Eve'tz
| 02'6S6’Ez
sa[qeaiaoad apedy (1)
syassy |elsueul4
(q)
OG LLL'2
6T°S09'Z OB
LLL'L 6T'S09'L
sayoquaay (2)
sjasse jualin3|
(Z)
SLeEL 99°T8
sLeL 99°T8
syasse JuaJsnd-uou
128410 (p)
88°€9S'T @UCSt't
38°E9S'T CUZSTT
syesse jeINUeUY
JaYIO
wS'Z v9T
7S vot
sueoy (I!)
00°0 o0°0
00°0 00°0
syuawysanu| (1)
sjassy jelmueuly
(3)
26°09 9ETS
26°09 9ETS
syasse a/qisuejul
43410 (q)
ETSLT'ET S6'7E9‘VT
ET SLT‘ET G6°ZE9'VT
quewdinby pue
jueld ‘Ayadog
(2) syasse
yuaund-uoN| =
(T)
sassy
(paypny) |
(peypneun) |
(peupny) |
(peupneun)
6TOZ’EO'TE | GTOZEOOE |
GTOC ENTE |
6TOZ’G0'OE
sie(NINUWed| “ON
“S
ye sy
jesy
jesy
ye sy
dalVanosNod>
SNOIVONVLS
(syyeq ul
“sy) SBHIIGEN
pue syessy
jo jUdWUazeIS
039 2
vewsieys (jexuebby
Aelued
(20 Py]
SuoHeoiunwy
SLNSTWAINDA HSV9
® HSV9
NI (ASVaYOS)SSVayON! LIN
(AONV1VE ONISO19) SLNATVAINDA HSV9 GNV
HSV9
(3ONV1V8 ONINSdO) SLNSTWAINOA HSV9 ONY
HSVO
(o+a+¥) SLN21VAINDA
HSV9 2 HSVO
NI (A4SVSNOACASVSYONI LAN
S3ILIAILOV ONIONYNIZ WOYd HSV LAN
uuniweld uM
jeydeg aseys
Ajinby jo
anss|
$JOJOSIG WOI4
UOT
saueys
DOUBIAJAI SIGEWeapey S|qINSAUOD-UON
%O Jo
uoijdwapay
949N/ ON
/ Syueg Woy sBulmMouoOg
ul (aseei99q)/eseaJou|
pled }sos9}u|
S3ILIALLOV ONIONWNIS WO¥s MO14 HSvO
(9)
S3ILIALLOW ONILSSANI WOYA HSV
LAN
Peaisoay JSosO}U]
sjessyy paxi4
jo ajes
dIM Jeydes
Bulpnjoul sjessy
pexi Jo
eseyoind
SALLIALLOV ONILSSANI
WOUS MO74
HSVO (a)
SALLIALLOV ONILVHSdO WOds HSV LAN
pled xe]
Swoou|
uoneiedo woy payeiaueb
yseo)
SUOISIAO] 9
SOTMIGE!I] JOUIO
Ul eseasoU]
/ (esees09Eq)
sejqeAey apes
ul eseaul
/ (asees0eq)
sjessy J8ujO
Ul (aseedU|)
/ aseaiDeq
SOUOJUSAU| Ul
(@SealoU|) / aBseas9eq
saoueapy
9 SURO]
UI (esealoU|)
/ eseei00q
So|qeAlaoay apeil
ul (@SseasdUl)
/ aseau0Eeq
: 40) JUaUgsnipy
soeBueyp |eqides
Bupom
aiojeq yWyosd
Buneiedo)
yoeq UsRUAA
/SIGEP INYGnog
JO} UOISIAD,
yisodaq Ayunsas
jo uonenyea
Jey UO
SWODU
JSBJ9}U]
SWODU] JSO19]U|
(Jeu)sjesse jo
ayes uo
Qyosd) / SSO]
Ayyiqe!] 9Seo7]
Judy Jo
jesendy
Ayiqet| esea]
uo yses9}U]
sasuadxy
}sese}u]
judwuedwi! pue
uojezpowe
‘uojeipeideq
210) JUaWSNipy
UOHEXE} G10J9q
JYOJd JON
SSILIALLOV ONILVYAdO WONS MO714
HSVO
(v)
sipjnoiped
yb 162
ve'6lz LL
L6Z ve'6lz
pO'eez'z yS"eer'h
v0'€E7'z vS"es7'l
an
HOD yunoweleg
Jo 02
707'L 28°. ¥6'L
02’ 70Z'L
LV L6z
ve'62z LVL6Z
ve'6lz a
99°66r'L Z0'LE0'L)
89°66 |
(Zo'Le0'L) 85° 66r'|
(Z0°b60'L) 89°66r'|
(Zoe0'L) 0c r69'Z
* 0z'¥69'Z
: ($9°6z8)
00°9¢ (g9°678)
00'9¢
00°60€ 7
00°60€ 2
(00°022) (g6°8zg)
(00°022) (86°82S)
(46°€0€) (vO"88r)
(26°€0¢€) (vo'sgr)
(69°8LL) (Le"rLe)
(6s°8L1) (Leys)
(69° SLL) (L8"vbe)
(6s°eLL) (L8"vLe)
GLLLL SL06
GLLUL S-06
= see
: see
(ve9ez) (L6"80r)
(ve'9ez) (L6"80p)
(78'680'}) LL'SZ9'L
(Z8°680'1) LU'Sz9'L
(9¢°2) (9¢°2)
(19°68) (L9°68)
(9€'2) (9¢°2)
(L968) (19°68)
(9p°480'L) SL bLL'L
(9'280'L) BL ybZ'b
(08°619°2) (p2°eZs)
(08°619°2) (¥z"82s)
20°08Z Zb'08
20'08Z ZL'08
(zz'979) eLegl'b
(27978) eLegl't
(Z2°928) SLL
(22°92€) bSLZ
(68°L69'Z) ZLZLb
(68° 169‘)
ZL Lb
(98°22) (zs"0$)
(88°22) (zs"0s)
68'L16 (g8°SL9'Z)
68216 (s8°SL9'2)
PE eS"
L z0'e62 7c
veces | Z0°e62'2
79°SOP $9°£06
79 SOP $s°€06
(S)'Se1) -
(SL'SEL) -
(96°24) *
(86°2) -
(SZZb1) (sL06)
(GLZbb) (SL"06)
= be'0
- be"0
= (ee'eeL)
= (ee'eeh)
= veLd
= ve'LZ
L6°€0€ v0'88r
26°€0€ 70'88r
GS'@er ye'L9$
GS cr
ye'Z9¢
02°990'L 2y'68e'L
02'990'} Lv'6se'L
( pemeiaaiun) gLoz
sequeides |
(paypneum) 6b0z
sequiexdes |
( pamainaiun) sioz
sequieideg |
( paypneun) 6107
sequiaydag
UO Papus
Jed Jey
94} 104 yi0e
Papua sea
yey ay) 404
ujoe pepus
seed yey
oy} JO4 uI0e
Papua seed
yey 24}
104
pazepyosuog
aUuojepueysS
(syqe7 ur
“sy)
6102 YAGIWSLdaS HLOf
GS0NS YV3A ATVH
AHL YOs
LNAWALVLS MOTS HSVO G3LVGIIOSNOD GNY
SANOIVGNVLS
SLIT
SNOILLVOINNAWOD LNNOWVad
039 e oe
88210000:NIC 610z"bF'80:
aed (jeaue
by AGI
es) O39D
B ueuwleYyD
14]OQ MON
: 99B/q B6y
Ael ern
jemue6by
Aelues
"Py SUOHEOIUNWUWOD
junoWeIES to
3 "GQLT
SNOL INAIALAIOD
peog ay
Jo J/eY4aq
UO pue
Ag
“uosedwwod 93e}1/IDe}
03 AessedaU
pasapisuo? JOAZJaYyM
pasueea /padnos9as
sag
arey samndy
ayy
uloda
Juawuaas UO
(80T-S¥ PUI)
plepueyS SUIUNOIIy
UeIpU] ay)
Jed Se
sjuaWas ajqeyoda
ajesedas OU
aJe aay
“sioyipny
Asounqers Ag
MalAas 0}
papalqns uaagq
JOU aAey
Ng ‘sso
aUIP Jo
pueog s,AUedWwo>
ayy Aq
paroidde usvagq
aAey s}jnsaJ
[eNUeUY payepl|OsuoD
asaty u!
payodai se
BTOZ ‘OE
Jequaidas papua
seed yey
pue JaLeNb
sAnesedwos ay}
JOy seundy
payep!|osuoD
“suleyy 81eJ0dJ0
Jo ANsiuIA
ayi Aq
paynou se
,sJUaWAazeIS |eINUBULY
Pa}p!|OSUO},, OTT
Sv Pul
Jad se
pasedaid uaaq
aney saveIpisqns
sy! pue
AuedWwo) ay}
Jo sy|NsaJ
jEDUeUY payepljOsuod
ayL
- 6T0Z ‘OE
Jequiajdas papus
(sea yyey)
pue JaTENd
ay} JOY
( Sye] ESET
SU) SYYE]
99°99 *sy
Aq sasuadxe
JUaL paseasep
pue (SYyyxe]
VETL
Sy) SUE]
ZEGE
“SE PUE
(SYXE] SO'ZE
SU) SUA]
ZOO
“SY Aq
Sasuadxa JsaJa]U!
pue Sesuadxe
UONe|asdap
pasea.ou! PJepueys
5/4} JO
UOIdope
ay! ‘poyral aapadsosjel payipow
ay} Buisn
,sesea},, OTT
Sv Pu]
paydope
sey Auedwos
aur ‘6T0z
‘T [lsd
aanzay3
‘elpul ul
paydaose Ajjesauad
sajdiouid
Sununore
JayjO pue
JapuNasay} panssi
sajns JUeAa|aJ
By} YM
Peal ETOZ
‘Vy saluedWO?
ay} JO
EET UONIAS
JapUN paquosaid
Sy pul
U! UMOP
ple] SajdDuld
JUsWaINseaw pue
VOIUZOIaJ BY}
YM
soUeps0IIe U!
pesedaid Ueag
avey siNseJ
jepUeUY esau,
"qualwazers MOl{
Ysed pue
saliiiqer] gy Jessy
yO JUEWAe}s
‘syNsay |eENUeU!S
aSay) JO
MaIAaJ Pay]
INO payed
saey SIOUpNy
AsoyNIeIS ay!
“aJep ewes
ay) UO
pjay JuUNeaW
$7! Je
SJOJaIIG yO
pueog ay}
Aq paaoudde
pue GTO
Uaqwaron
YIg UO
play SuNsew
sj! Je BayIWWOD UpNy
ayy Aq
pamainas pue
alojag parejd
auam jJUaUWAIe}S
MOY YSeD
pue SaNi|iger
19 Jassy JO
JUaWAXeRS ‘sqINsay
JeuUeULY plesasoje
BU L
:S3}0N
P. BHOLUSARIA & CO. 26/11, SHAKTI NAGAR, CHARTERED ACCOUNTANTS DELHI-110 007
Telephones:23841467
Email id: [email protected]
Auditor’s Review Report on Quarterly and Year to Date Unaudited Consolidated Financial
Results of the Company Pursuant to the regulation 33 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations ,2015, as amended
To
The Board of Directors of
PARAMOUNT COMMUNICATIONS LIMITED
1. We have reviewed the accompanying statement of unaudited consolidated financial results of
Paramount Communications Limited (‘the Company’) and its Subsidiaries (the Holding Company
and its Subsidiaries together referred to as " the Group") for the quarter ended 30th September
2019 and year to date from 1st April, 2019 to 30th September 2019 (‘the statement’) attached
herewith, being submitted by the Parent Company pursuant to the requirement of Regulation 33
of SEBI (Listing obligations and disclosure requirements) Regulation, 2015, as amended.
Attention is drawn to the fact that consolidated figures for the net cash inflows for the
corresponding period from 1st April, 2018 to 30th September 2018 as reported in these
Unaudited Consolidated financial Results have been approved by the Parent’s Board of Directors,
but have not been subjected to review.
2. The preparation of the statement in accordance with the recognition and measurement principles
laid down in the Indian Accounting Standard 34 “Interim Financial Reporting” (“Ind AS 34”),
prescribed under section 133 of the Companies Act, 2013 read with rules 3 of Companies (Indian
Accounting Standard) Rule, 2015 and other accounting principles generally accepted in India, read
with the circular is the responsibility of the Parent Company’s Management and has been
approved by the Parent’s Board of Directors. Our responsibility is to express a conclusion on the statements based on our review.
3. We conducted our review in accordance with the Standard on Review Engagement (SRE) 2410,
“Review of Interim Financial Information Performed by the Independent Auditor of the Entity”
issued by the Institute of Chartered Accountants of India. This standard requires that we plan and
perform the review to obtain moderate assurance as to whether the financial statements are free
of material misstatement. A review is limited primarily to inquiries of company personnel and
analytical procedures applied to financial data and thus provide less assurance than an audit. We
have not performed an audit and accordingly, we do not express an audit opinion.
We have also performed he procedures in accordance with Circular No. CIR/CFD/CMD1/44/2019
dated March 29, 2019 issued by the Security and Exchange Board of India under Regulation 33(8)
of the Listing Regulations, to the extent applicable.
4. The statement includes the result of:
Subsidiaries:
Paramount Holdings Limited AEI Power Cables Limited
5. The accompanying statement includes interim financial results and other financial information of 2 Subsidiaries which reflects total revenue of Rs. NIL, net profit after tax of Rs. NIL and total
comprehensive income of Rs. NIL for the quarter ended 30th September 2019 and for the period from 1st April, 2019 to 30th September 2019 respectively, and net cash flow of Rs. NIL which are certified by management. According to the information and explanation given to us by the management, these interim financial results and other financial information are not material to the group. Our conclusion on the statement is not modified in respect of the above matter.
6. Based on our review conducted as above and procedures as performed as stated in Paragraph 3, and based on the consideration of matters referred to in Paragraph 5 above nothing has come to our attention that causes us to believe that the accompanying statement, prepared in accordance with the recognition and measurement principles laid down in the applicable Indian Accounting
Standards (“Ind AS”) as specified under Section 133 of the Companies Act, 2013, read with
relevant rules issued thereunder and other recognized accounting practices and polices has not
disclosed the information required to be disclosed in terms of Regulation 33 of SEBI (Listing
obligations and disclosure requirements) Regulation, 2015 read with the Circular, including the manner in which it is to be disclosed, or that it contains any material misstatement.
For P. BHOLUSARIA & CO. CHARTERED ACCOUNTANTS
Firm Registration No: 000468N
Pawan Bholusaria
Partner
M.No.080691 Place: New Delhi
Date: 8th November, 2019
P. BHOLUSARIA & CO. 26/11, SHAKTI NAGAR, CHARTERED ACCOUNTANTS DELHI-110 007
Telephones:23841467
Email id: [email protected]
Auditor’s Review Report on Quarterly and Year to Date Unaudited Financial Results of the Company Pursuant to the Regulation 33 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015, as amended
To
The Board of Directors of
PARAMOUNT COMMUNICATIONS LIMITED
1. We have reviewed the accompanying statement of unaudited standalone financial results of Paramount Communications Limited (‘the Company’) for the quarter ended 30th September 2019 and year to date from 1st April, 2019 to 30th September 2019 (‘the statement’) attached herewith, being submitted by the Company pursuant to the requirement of Regulation 33 of SEBI (Listing obligations. Attention is drawn to the fact that figures for the net cash inflows for the corresponding period from 1st April, 2018 to 30th September 2018 as reported in these Unaudited financial Results have been approved by the Parent’s Board of Directors, but have not been subjected to review.
The preparation of the statement in accordance with the recognition and measurement principles laid down in the Indian Accounting Standard 34 “Interim Financial Reporting” (“Ind AS 34”), prescribed under section 133 of the Companies Act, 2013 read with rules 3 of Companies (Indian Accounting Standard) Rule, 2015 and other accounting principles generally accepted in India, read with the circular is the responsibility of the Company’s Management and has been approved by the Board of Directors. Our responsibility is to express a conclusion on the statements based on our review.
We conducted our review in accordance with the Standard on Review Engagement (SRE) 2410, “Review of Interim Financial Information Performed by the Independent Auditor of the Entity” issued by the Institute of Chartered Accountants of India. This standard requires that we plan and perform the review to obtain moderate assurance as to whether the financial statements are free of material misstatement. A review is limited primarily to inquiries of company personnel and analytical procedures applied to financial data and thus provide less assurance than an audit. We have not performed an audit and accordingly, we do not express an audit opinion.
Based on our review conducted as above, nothing has come to our attention that causes us to believe that the accompanying statement, prepared in accordance with the recognition and measurement principles laid down in the applicable Indian Accounting Standards (“Ind AS”) as specified under Section 133 of the Companies Act, 2013, read with relevant rules issued thereunder and other recognized accounting practices and polices has not disclosed the information required to be disclosed in terms of Regulation 33 of SEBI (Listing obligations and disclosure requirements) Regulation, 2015 read with the Circular, including the manner in which it is to be disclosed, or that it contains any material misstatement.
For P. BHOLUSARIA & CO.
CHARTERED ACCOUNTANTS
Firm Registration No: 000468N
an Bholusaria
Partner
M.No.080691 Place: New Delhi
Date: 8tt November, 2019
Top Related