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Branches

First Floor, Eirhana Road,

Kapoor Tandon & Co.

24157,

Chartered Accountants

Flat No.70'1. 7'^ FIoor. A Wing,


Vardha.nan Valrka'AB CHSL
Chrtalsar, Manpada, G.B Road,
Thane - 400 607

Kanpur.208

H-118, 11" Floor, Himalaya House


23 Kasturba Ghandhi N4arg,
New Delhi - 110 001

001

Independent Auditors' Review Report


Review Repod to
The Board of Directors
Yash Papers Limited

of

Unaudited Financial Results of Yash Papers


We have revierved the accompauyiug Statetncnt of
2016. This statement is the responsibilitv
Lirrired (.,the company,,) f". th;";.;l?J;;;.J30"'Ju,,.,
by the Board of Directors our responsibility
of tlie Company's Management;"[ h;t b;;;;pptoved
our revierv'
ir a it.* *p"n on the-se financial statements based on
"
on Review Engagement (SRE) 2410
We conducted our review in accordance with the Standard
Auditor of the Entity"
Uy the
.Intleperulent
"Ret,iew oJ lnlerint Financial i"itl'"''ii" i"'f"'''a
plan and
crrr.t"lJ'al"or,,t*ir oi rnaiu. This standard rcquires that weare free of
issLrcd by the Institute
"r
u' to whether the financial statements
'it -fi'"litJ
perlbrm the revicw to oUtoin ''ol"turc
^t"tul1""
to inquiries of company personnel and
primarily
matelial misstatement. A ,""'"'
provides less assurance than an audit' We
analvtical Drocedures uppti"O tu finon"J data and thus
*LiJi, una o""orclinglv, we do not express an audit opinion

ffiI;;il;fil;

Basedonourteviewconductedasabove,notlrirrghascome-tootlrattentiontl]atcausesustobelieve
results prepared in accordance with
that the accompunylng ,tut"*int'J 'nuuaiti financial
accounting practices and policies has not
applicable Accounting Standards anJ othcr recognized
(Listittg
in the lerms of Rcculrliolt ll of SEBI
disclosed the inlormation rcqrrired ro be clisclo'ci
it is to
which
in
marrtter
Rt;ulations' 2015 includinithc
obligations and Disclosure R";;;;'t
misstatement'
be d[closed, or that it contains any tnaterial

For Kapoor Tandon & Co.'


Chartered Accountants
Firm Reg. No. 000952C

R!*"^"1,
(Rajesh Parasramka)

Partner
MembershiP No.074192

Place: Kanpur

Datc:

3Oth

July,2016