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Nirvikara Paper Mills limited _Urauste (Standalone) Fiance! Regus forthe Guarsr Ended 30) June, 2015 Saaarepin] | arco EATICOLARS Ssofoafaoas | | 32/03/2015, mgees | | "rosea A Net Seletncome em Opeatons asonan| | 96527 (etotGese Dut) 1) ote Operting came 890! 220 tear om Ope ath 3232 [ise > earerses Cost of mati comes asaeae| | 126105 ) peat ce eae 7 Change nientocesofnhed oe ae Werk in ees a 623 chenpoyee ets Boers aeras|| 20150 el Orpecaton nd hmortatonepese 90.6 sasz 1 rower fue snao|| 33503 Lote sperss ssaa|| azar Tobi gese 3sm196| | 722250 TT fan ORO DEO ST ANC leceotora tems) tesa] | 2295] Otero 736 535 [5 Pots ra aay AERTS Wor Trane sa eal lnene2) ze| | ssc Inset nace Cages a0 oss gg 6 oto Fog arene arsnsaaiton 5.05 03a eit] Wo Orsay At i he 5, Fore han |rucunton on Soronings bt belore Geeptonlters ©) jessy) | _ (30421) [excep ems z [rots to Gry Aci Bors Tae) asa] | Goa] ostered 26878 sa bt roo rm rary Acie Aer Tx 80) (pizsn) | i002) 2 ear sina, te tof enone) = ss et Pts forthe peed (3:2) ia amy fe Pap uty Sar apt yerase| | 207356 roe va oe 022) esa} (2a) |. raxnicuLARs oF HAREHOLOINGS bmi sraroing munerot spares, savages || 47869 Fercenag of artes aur] | «70% 2 rometers and remete rove Shreolng |. reszedtncuered evenap of Shares (a oft ahead of promote and roma lowe! “i Prevage Shares (a oft oa Sate apt ofthe Capa] _) frmon=emimeres umerat tes e2ena7s| | 6200875 Facey ars a Wath al tote of pom pone 9) 200% 005] erceniag of Shares ovo of tho Stare pital athe Cope] saa] | sss0x| fuatrgras sn capa ots estoy so | nsewnectenryonensne| eee Sarena ron Oana Pape SPL dae Pe fant Sanita spent ba arcs Swen we a er er apo caren Ino Sc We Fcea 20 Socart ote soe) ou ne svaganane wo? spams ae 33 ns Cogany haw cane care ms ew oh SOO ws lective Pape seers emanesote Coney wet esta ie fru gna sani nso wero poe | segran pig aun yA erat ast conan apes nen ange ue pre Pap ant Pan enc ae Yr loses: rm aug. 20s Anurag. Poddor JAYANTILAL THAKKAR & CO 111 (A), MAHATMA GANDHI ROAD, CHARTERED ACCOUNTANTS TELEPHONES :220s 0600 2255 FAX: (91 - 22) 2268 E-MAIL : jteowvsni.net REVIEW REPORT TO THE BOARD OF DIRECTORS OF ‘NIRVIKARA PAPER MILLS LIMITED We have reviewed the accompanying statement of unaudited financial results of Nirvikara Paper Mills Limited for the period ended 30” June, 2015 except for the disclosures regarding ‘Public Shareholding’ and ‘Promoter and Promoter Group Shareholding’ which have been traced from disdosures made by the management and have not been audited by us. This statement is the responsiblity of the Company's Management and has been approved by the Board of Directors. Our responsibilty is to issue @ report on these financial 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 provides 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 and as per the information and explanations given to Us, nothing has come to our attention that causes us to believe that the accompanying statement of unaudited financial results prepared in accordance with applicable accounting standards and other recognized accounting practices and policies has not disclosed the information required to be disclosed in terms of Clause 41 of the Listing Agreement including the manner in which it isto be disclosed, or that it contains any material misstatement. For JAYANTILAL THAKKAR & CO. ‘CHARTERED ACCOUNTANTS (FIRM REG, NO. 104133W ) VIRAL A. MERCHANT PARTNER MEMBERSHIP NO. 116279 PLACE: Mumbai DATE: 07" August, 2015

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