Ys VBC INDUSTRIES LIMITED {40 180.900.2008 cones company) eres) conan] na | dien]VBC INDUSTRIES LIMITED We (An 180 9001 - 2008 Certified Company) [so. Para ‘uate doa investor Complaint 1 Fending fe begining ofthe wore | 2. Received during the quater mm | 3. Disposed ofthe ave it 4_nemaining umeselved at the end of the quater iL STATEMENT OF ASSETS AND UABIUTIES AS AT 2074 SEPTEMBER. 2016 fs nak cat rae} (As AI ODODOTE ASA S0O9 O18 ° owe ‘navates Budited "A RUTY ANG WAGES 1 shoreholders Fonds (©). shore Captiet asieas 451035 (©) Rorervee& Supls 4927 __g.47a.0 Substolal- Shareholder Funds 022.08 3.0517 2 Share Applcstion Money Pending Atotment 3 Non.Curnt Labs (0) Long Term sorowingt a8105 reste (6) Detened ex Uobity : : ). Other Long Ter iaies ase 296 (8). Long Term Poviions wn Sub-flal- Non -Cutent tities aes T 4 coment adits (@). shot Term bonowings aaas 1.04000 (©)- ade Peyabies sans 3.53.58 ©) Other Curent ties 295699 187 (6) Shot Term Provisions ne Sub-Tolal- Conent abies Tras TOTAL - EQUITY AND UABILTES| 20785.60 21423.97 8 Assets 1 Non-Curent Aso: (@). Fixed Assos sur sansa (©). Non-Cument investments aes vazesas (©) Long Ter Loans ond Advances 273.00 ‘45413 (@)-Defered Tox Asset (Wot) ami ___na73 Sub-Tolel- Non-Conant Assets 1a7y7a8 errs 2 Curent Assote (@). entries ates 1ateso (0) Nase Receivables was asa (€)- Cash and Bonk Boones an Ta4 (@) Shot Term toons ond Advances asise 24083 (©). Other Curent Astle 20306. ne Sub-foal «Curent Assets gsr aanv.og Total ASSES Sas ate RimoorsaVBC INDUSTRIES LIMITED (An ISO 9001 - 2008 Certified Company) 1) he cove incucid ems were reviewed by the Aut Corie and token on recnd by the Foot Diets ors respective resting held on 12H Rovenber, 2018 onde soley exons fee cating ot lod review ofthe above fanilee 2) Te company hos ected damend for fe acharoe odin (FSA from Cent] Power Ditton CConpony 2 AP ed (CPDCY portent to ute 458 of the Andls Pradesh Eeccy Regury Corson (Conds of Buss Amendment) fequotion 2003 (FSA Regu) The ly has bsen a blest mater of rwanda Poa, nonin, Fac: ouozaztry, aera} ‘lsenne soa rae 07 Enel woagetecaigmt magohesnan cn Foc obteaiachBRAHMAYYA & CO, Chartered Accountants at VERYAUADA, HYDERABAD, VISARTAPRINAM. GUNTUR, KAKTNADA, TaMUnt REPORT ON THE LIMITED REVIEW CARRIED OUT ON THE UNAUDITED FINANCIAL RESULTS OF VEC INDUSTRIES LIMITED, HYDERABAD fon tip QUARTER ENDED som SEPTEMBER, 2016 IN TERMS OF CLAUSE 4 Of THIE Lect, AGREEMENT, 2) We have revieweu the accompanying statement of unaudited tinancll resaits of *VBC Tedustries Limited, Myderabat for the quarter ended 30" Sevienter tole, Yr lemant i the serporabity uf dhe Compas Management and has buen appreed ey the Board of Directors. Our responsiblity is to iste a Teport on thes ceca, financial statements ee om cur review 2) Weconducted our review in accordance withthe Standard on Review Engagement SRE) 2400, Engagements to Review Firancia Statements estod by the iattne of Chateeny Accountants of India. This standard requires that we plan and perform the sevice to obtain moderate assurance ao to whether the standalone financial statements ne ioe cr ‘patra misstatement. review is lined primarily to inguies f company perce «anu anaivtical peocodures apple to Financial data eal tie provide lew acne tn an it. We have not performed an audit and accordingly, we do nat expron on omth opinion, 3) The Company has received demand for fuel surcurge adjustment (FSA) from Southern Power Distribution Company of TS Ld (SPDCL) pursuant to raise a50 ofthe Aachen Pradesh Electricity Regulatory Commission (Coruhict of Business Amenvioe) Begelatons 2003 (5A Regulations). The levy has bens subject males of cllenge vey since the DISCOMS made their claim in the your 2010 in respect ef the period NN ths nar, The callers weth respect fo M09 and 200010 rere tally seeped fy > single judge of the Anda Pradesh High Court ond the apprale filed bythe BESCORS ‘ith respet to 2008.0 aed 2009-10 arzcutcily pening ttarethesSuptene Consens 4 fll Bech of the Andhra Pradesh High Court vepectiely. With reset to the lee ks {he years 20101 to 2012-13 totaling Rs. 1115 Laks slay hasbeen grt yank tee levy and election of FSA changes. Pending the zeslation ofthe Iga course ey persue by Ue company of the dispute no provision has boon mua for tee eld deren Inthe Rooke ofsccount. Ie Sttaiory Auditors have aloo qualified the above mato in ther report for the year ended $1 March 2016 4) Sosthcn Hower Distribution company of AP Lid (SPDCL), vide is letter dated 0308-201, raised a demand of RaG6517 Lakhs towards Surcharge on Deemed Leeroy Charges forthe youre fom 20004 to 2012. However, the Company ie dapating he above demand, hence ne prevision hes been mde for the quarter unvdr review The Company his also received a demand of R39032 Lakhs towards loa factor short! deemed energy charges forthe years 2014-15 & 2015-16. The said demend has eon Ltsputed by the Company. Hence no provision hes Leen made ding the quarter ween The Statutory Auditors have also quali endo BI® Macch 2016. ori their sept forthe year Sectors, NVP Celery, VESRRHAPATINAN.S30 017, 4, INOUE 279580, 2738898, Ena: beoesp@brahmeyys or Do-0839, Mot not Pht of: (tasaoe many fas cenaiered the diminution as woporar in ature as sated in nate No Tene sie cnndalone financial sutemerts the vale ots Investnceee ke Meee tated En ne Baty Kormeerna Gas Power Lid whos neva has erin {odled and notin operation for mre than have years Maschcanng” AtaiS have ales qualiGed cf the above maltor for the your ended a1* March, 2016, Risdon Regulnements Regulation, 2015 inulin the manner Saket eae coved or that I contains any material misstacorene For BRAEMAYYA & CO, ‘Chartered Accountants Face: Visldhapatnasn Date: 12 November, 2016,