Financial Results, Limited Review Report For December 31, 2015 (Result)

Registered Office:
Office #. 1, 1st Floor

22/24/26, Shipping House
Kumpta Street, Fort
Mumbai-400 001. India
Tel.: +91 22 2265 6051/ 52
Fax: +91 2222658489
Email: info@specinfotek.com
:~::. SPECTACLE
VENTURES LIMITED
CIN No.
February, 13 2016
L5190C~ ~:
1985PLC036271
Vice President
General Manager
The National Stock Exchange of India Ltd.,
The Bombay Stock Exchange Ltd.,
"Exchange Plaza", Bandra Kurla Complex,
Department of Corporate Services,
Bandra (E),
P.J . Towers, Dalal Street,
Mumbai - 400 051
Mumbai - 400 001
Sub: Outcome Of Board Meeting

Ref: SPECTACLE I 512413
Dear Sir,
We would like to inform you that the Board of Directors at their Meeting held
today i.e. Saturday, February, 13, 2016. has approved the Unaudited Financial
Result which has been subjected to Limited Review by statutory Auditor as per
Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015 for the quarter ended December 31,2015 (Q3).
Kindly take the same on record.
Thanking you,
Yours faithfully
For Spectacle Ventures Limited
~;#--
Shaikh Fazal Mehmood

Managing Director
Registered Office:
Office # . 1, 1st Floor
22/24/26, Shipping House
Kumpta Street, Fort
Tel.: +912222656051/52
Fax : +91 22 22658489
Email: info@specinfotek.com
e .
~~::. S P ECTACLE
e.
VENTURES LIMITED
Sheetl
36271
SPECTACLE VENTURES LIMITED
OFFICE NO .1, 1st Floor, 22/24/26, SHIPPING HOUSE, KUMPTA STREET, FORT, MUMBAI - 400001.
STATEMENT OF UNAUDITED FINANCIALRESULT FOR THE QUARTER AND NINE MONTHS ENDED DECEMBER 31,2015
~ARTI
(Rs. In Lakhs)
Quarter End ed
Nine Months Ended
31/12112015 30/09/2015 31/12112014 31/12/2015
31/12/ 2014
(Unaudited) (Unaudited) (Unaud it ed) (Unaudi ted) (Unaudited)
PARTICULARS
Accounting
Year Ended
31/03/2015
(Audited)
1 Income from Operatio ns

Net Sales/Income from Operations
(Net of excise duty)
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Cost of M aterials con sumed
0.00
0.00
0.00
0.00
0.00
Purchase of stock-in-t rade

Changes in inventories of finished
goods, work-in-progres s and stock -in
trade
0.00
0.00
0.00
0.00
0.00
O.OC
O.OC
0.00
0.00
0.00
0.00
0.00
o.oe
Employee benefits expense
0.31
0.30
0.31
0.92
0.95
1.2E
Depreciat ion and amort isat ion expense
0.00
0.00
0.00
0.00
0.00
O.OC
Other expenses
0.80
1.31
1.51
5.74
4.82
7.5e
Total Expenses
1.11
1.61
1.82
6.66
5.77
8.7E
-1.11
0.00'
-1.61
-1.82
-6.66
-5.77
-8.7E
4 Other Income
0.00
0.00
0.00
0.00
0.4
5 Profit / (Loss) from ordinary activities

before finance costs and exceptional
items
-1.11
-1.61
-1.82
-6.66
-5.77
-8.2'0
0.00
0.00
0.00
0.00
0.00
O.OC
-1.11
-1.61
-1.82
-6.66
-5.77
-8.2 c
Other Operating Income

Total income from Operations (net)
O.OC
O.OC
O.OC
2 Expe nses
3 Profit / (Loss) from operations before

other income, finance costs and
exceptional items
6 Finance Costs
7 Profit / (Loss) from ordinary activities
after finance costs but before
excepti onal item s
8 Exceptional item s
0.00
0.00
0.00
-628.12
0.00
9 Tax expense
0.00
0.00
0.00
0.00
0.00
O.OC
O.OC
-1.11
-1.61
-1.82
-634.78
-5.77
-8.2 e
514.50
514.50
514.50
514.50
514.50
514 .5e
0.00
0.00
151.44
0.00
151.44
143 .1<
0.002
0.00
0.00
-1.23
-0.01
10'Net Profit / (Loss) for the period

11 Paid-up equity share capital (Face
Value of Share of Rs .l/- each)
12 Reserve excluding Revaluation
Reserves as per balance sheet of
previous accounting year
13 Earnings per Share Rs. (Basic a~ N
rr-~ '
diluted)
'/ . ~..-. r:-~:A ;.
....,
o
4:
SAl
'tC
~ .
,
"
-0.0

:{SPECTACLE
Registered Office :
ist Floor
22/24/26, Shipp ing House
Kumpta Street, Fort
Tel.: +91 2222656051/52
Fax: +91 2222658489
Email : info@spec infotek.com
Office #. 1,
Sheet )
VENTURES LIMITED
.-. ..
Cl '
0 L 5 1 9 0 0~ ~H 1 9 8 5 P '
PART II SELECT INFORMATION FOR THE QUARTER AND NINE MONTHS ENDED DECEMBER 31 2015
Quarter Ended
Nine Months Ended
~L.N
o.
A.
31/12112015
Particulars
Year Ended
31/1211201 4
31/12/2015
31/12/2014
31/03/2015
(Unaud ited) (Unaudited )
(Unaudited)
(Unaudited)
(Audited)
30/09/2015
(Unaudited )
C 1 ~"
PARTICULARS OF SHAREHOLDING
1 Public Shareholding
a, Number of shares
43089350
430 89350
430 89350
4308 9350
43089350
430 89350
83.75
83. 75
83.75
83.75
83.75
83.75
b. Percentage of 5harehold ing

2 Promoters and Promoter Group
Shareholding
a. Pledge / Encumberd
0,00
0.00
0.00
0.00
0.00
0.00
- Percentage of Shares (as a % o f

total
shareho lding of promoter and
Promotor Group)
0.00
0.00
0.00
0.00
0.00
0.00
- Percentage of Shares (as a % of

total share Capital of th e Comp any)
0.00
0.00
0.00
0.00
0.00
0.00
8360650
8360650
8360650
8360650
8360650
8360650
Promotor Group)
100,00
100,00
100.00
100.00
100.00
100.00
- Percentage of Shares (as a % of

total share Capital of the Comp any)
16.25
16,25
16,25
16.25
16.25
16.25
- Number of Shares
b. Non - Encumberd
- Number of Shares
- Percentage of Share s (as a % of
shareholding of promoter and
total
..
3 Months ended (31/12/2015)
B INVESTOR COMPLAINTS
Pendin g at the beginnin g of the qua rt er
Received during the quarter
Dispo sed off during the qu arter
Remaining unresolved at the end of the quarter
Notes:
1. The above financialresults were reviewed by the Audit Co mmitt ee and approved by Board of Directors at its meeting held on 13th February, 2016
2. The Company Operat es in a single segmen t. Hence Accou nt ing standard AS-17 on segment reporting is not applicable
13. Ther e w ere no investor compl aints pendin g at the
beginnin g and at the end of quarte r
4. The St at ut o ry Auditors of the comp any have carried out a " Limi te d Review" of the result for the quater and nine months ended 31 "
December, 2014
::> . The auditors have m ade ob servation s reg arding lack of forma l internal aud it and cash losses in the Audit Report for th e year ended
31/03/2014. Cash losses are due to prevail ing market and econ o m ic conditions, Further, the said ob servations have no effect on the
profit/loss of the company.
6. Figures for the previou s period are re-classified/ rearran ge / re-grouped, wherever necessary.
~NTU~
<v
~tJl
Place: Mumbai
Date :13 t h Febru ary, 2016
dr:B::;~.:;
~
..
','if
1'1; .--:' : '
For SPECTACLE VENTURES LIMITED
SHAIK~OD
MANAGING DIRECTOR
..
CHARTERED ACCOUNTANTS
1 103, Arcadia, 1 95 Nariman Point,

Mumbai - 400 02 1.
Tel.: 3028 4848 Fax: 3028 4850
Email: pdsmail@pdsarafco.com
LIMITED REVIEW REPORT
To,
The Members
Spectacle Ventures Limited
1. We have reviewed the accompanying statement of unaudited financial result of Spectacle
Ventures Limited (formerly known as Spectacle lnfotek Limited) for the quarter ended
December 31,2015 except for the disclosures regarding "Public shareholding" and "Promoter
and promoter Group shareholding" which have been traced from disclosures made by the
management and have not been audited by me. This statement is the responsibility of the
company's management and has been approved by the Board of DirectorsIAudit Committee.
Our responsibility is to issue a report on these financial statements based on our review.
2. We have conducted our review in accordance with the Standard on Review Engagement
(SRE) to review financial statements 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 then an audit. We have not performed an audit, and
accordingly, we do not express an audit option.
3. Based on our review conducted as above nothing has come to our notice that causes us to
believe that the accompanying statement of Unaudited Financials prepared in accordance with
the recognition and measurement principles laid down in Accounting Standard 25 (Interim
Financial Reporting), specified uls 133 of the Companies Act, 2013 read with Rule 7 of the
Companies (Accounts) Rules 2014, and other recognized accounting practices and policies
generally accepted in India, has not disclosed the information required to be disclosed in
terms of clause 41 of the Listing Agreement including the manner in which it is to be disclosed,
or that it contains any material misstatement.
Without qualifying our opinion, we draw your attention to:
i) The net worth of the overseas companies in which the Company has invested is completely
eroded and hence raises doubts on the carrying cost of the same in the books of the
Company;
ii) Inadequate current assets to fulfil the obligations of current liabilities, raising doubts about the
payment capacity of the Company; and
iii) No concrete plans for re-starting the business operations of the Company, raising doubts
about accounting for the Company on a going concern basis.
For P. D. Saraf & Co.
M.No. F 41747
Mumbai, February 9,2

Financial Results, Limited Review Report For December 31, 2015 (Result)

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Financial Results, Limited Review Report For December 31, 2015 (Result)

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Registered Office:

Office #. 1, 1st Floor

The National Stock Exchange of India Ltd.,

The Bombay Stock Exchange Ltd.,

"Exchange Plaza", Bandra Kurla Complex,

Department of Corporate Services,

P.J . Towers, Dalal Street,

Mumbai - 400 051

Mumbai - 400 001

Sub: Outcome Of Board Meeting

Kindly take the same on record.

For Spectacle Ventures Limited

Shaikh Fazal Mehmood

1 Income from Operatio ns

Cost of M aterials con sumed

Purchase of stock-in-t rade

Employee benefits expense

Depreciat ion and amort isat ion expense

5 Profit / (Loss) from ordinary activities

Other Operating Income

3 Profit / (Loss) from operations before

10'Net Profit / (Loss) for the period

(Unaud ited) (Unaudited )

b. Percentage of 5harehold ing

- Percentage of Shares (as a % o f

- Percentage of Shares (as a % of

- Percentage of Shares (as a % of

3 Months ended (31/12/2015)

Received during the quarter

Dispo sed off during the qu arter

Remaining unresolved at the end of the quarter

13. Ther e w ere no investor compl aints pendin g at the

beginnin g and at the end of quarte r

1'1; .--:' : '

For SPECTACLE VENTURES LIMITED

1 103, Arcadia, 1 95 Nariman Point,

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