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Annexure - 1 SURANA SINGH RATHI AND CO. 35/A LAXMI NARAYAN MUKHERJEE ROAD (CHARTERED ACCOUNTANTS ‘KOLKATA 700 006 Email: sksuranal955@yahoo.co.in LIMITED REVIEW REPORT To Review Report to Membersof M/s. Shivom Investment & Consultancy Ltd We have reviewed the accompanying statement of unaudited findneial results of M/s. Shivam Investment & Consultaney Lid for the period ended 3st December, 2015 except for the disclosuces regarding “Public Shareholding’ and Promoter and Pzomoter Group Shareholding’ which have been traced From disclosures made by the management and have aot been audited by us. This statement is the responsibility of the Company's Management and has been approved by the Board of Directors/ commit responsiblity is to fssue a report on these financial statements based on our review: of Board of Direccors. Our We conducted our review in accordance with the Standard on Review Engagement (SRE) 2400, Enqzeenents to Review Finueiul Statement issued by the Institute of Chartered Accountants of Tndia. This standard requires that we plan end perform the review to obtain moderate assurance as to whether che financial statements ate free of material misstatement. A re jew is limited primarily co inguies of company personnel and analytial procedure applied to financial data and thus provides less assurance chan an audit, We have not performed an audic aad accordingly, we do mot express an aueit opinion, Based on our review conducted as above, nothing has come to our attention that eanses us to believe that the accompanying stateaent of unavdited financial results prepared in accordance with applicable accounting standards and oiler recognised accounting practices and policies has not disclosed the information required to be disclosed in terms of Regulation 33 of SEBI (Listing Obligation and Disclosure Requirements) Regulation, 2015 sneluding the manner in which ieis eo be disclosed, or thetic contains any material misstatement. For Surana Singh Rathi And Co. Chartered Accountants FRN: I7119E SK Sorana Partner Membership Nu- 053271 Place: Kolleta Date: 13/02/2016 Branch: P— 10 Debendea Dutta Lane, 1» Floor, Kolkata 700 007, Tel 033-6500-5041742/ 13

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