ed INDUSTRIES & LEASING LTD. Swadeshi CIN NO. L45209 MH 1983 PLC 031246 S 7 Swadeshi Ref Date Date: 10% February 2017 To, The Deputy Manager, Department of Corporate Services, Bombay Stock Exchange Limited P. J. Towers, Dalal Street, Mumbai - 400 001 Dear Sir, Ref: BSE Scrip Code - 506863 Sub: Intimation regarding the Outcome of the Board Meeting. Pursuant to sub regulation (4) of Regulation 30 read with Schedule III of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we have to inform you that the Meeting of the Board of Directors of the Company was held today; i.e. Friday, 10 February 2017 as scheduled at 4.00 p.m. at the Registered Office of the Company Swadeshi Industries and Leasing Limited and concluded at 5.00 p.m. and inter-alia transacted the following business: Approved the Un-Audited Financial Results along with Limited Review Report for the third quarter and nine months ended 31st December 2016, copy of the same is enclosed for your reference. Kindly take the above on your record and oblige Thanking You. Yours faithfully, For Swadeshi Industries an¢ Director Gourav Jain . DIN No : 06794973 Encl: As Above ‘Add : Office No.2-3 Shreenath Krupa Bidg., Opp. Swagat Hall, Kasturba Road No. 5, BORIVALI (E), MUMBAI - 400 066. Ph. 022-28648850, email : compliance@swadeshiglobal.com, website : swadeshiglobal.comS Swadeshi INDUSTRIES & LEASING LTD. Swadeshi CIN NO. 145209 MH 1983 PLC 031246 Ref: Date : Date: 10% February 2017 To Dept. of Corporate Services, Bombay Stock Exchange Limited, Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai - 400 001 Scrip Code: 506863 Dear Sir ‘Sub, ; Un-audited Financial Results for the quarter ended 31.12.2016 With reference to above, pursuant to the provisions of Regulation 33 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith the Un-Audited Financial Results for the quarter 31* December 2016 along with the Limited Review Report. ‘We request you to take the same on your records and oblige. Kindly acknowledge the receipt. ‘Thanking you, Yours faithfully, For Swadeshi Industries andJeasing Limited Lrawer, Director Gouray Jain DIN No : 06794973 Encl: As Above [Add : Office No.2-3 Shreenath Krupa Bldg., Opp. Swagat Hall, Kasturba Road No. 5, BORIVAL! (E), MUMBAI - 400 066. Ph, 022-28648850, email : compliance@swadeshiglobal.com, website : swadeshigiobal.comSwades| S Swadeshi Swadeshi INDUSTRIES & LEASING LTD. CIN NO. L45209 MH 1983 PLC 031246 Rat ae (as ina) ‘Statement of Standalone /Consolidated Unaudited Results for the Quarter and 9 month Ended on 31st December 2016, ‘Add : Office No.2-3 Shreenath Krupa Bidg., Opp. Swagat Hall, Kasturba Road No. 5, BORIVALI (E), MUME Ph, 022-28648850, email : compliance@swadeshiglobal.com. website : swadeshiglobal.co EN ‘Quarter Ended ‘month ended [Year Ended Year to date correspondin Year to date Presa 3Month | A eeenne | a month | “EET laguretorte| previous Ended | Sues" | endedinthe | SUE |"arevous | year ended a1azas | ome, |previousyear| P°4 | searended | “31.03.16 suazts | ended | oy ia6 (Reter nate low) Unaudited [Unaudited | Unaudited | Unaudited | Unaudited | Audtea T]income rom Operations (2) Net Sales Income rom operations sso] 52968 457] rez | iserse | ao78, (eof Excse dy) ‘i : 3) ter Operating income e 2 otal income from operations (aod) wii0] 529.68 337] _a7az]} —4s0798| 49.70 2}expenses (2) Cost of materia consumed < : (1) purchases of stockcinrade szsae| 508.17 3as| 16+! rs0612| 13500 (2) Changes in inventories of finished goods 3585] 1897 ssa2| (91.79) ‘workin: progess and stoc-in-rade (a) Employee benefits expense sor] 137 a9] 927 vas] 12.36] (2) Depreciation and amortisation expenses : . (1) Office Rent expenses os) 060 oso] 266 20] 356 () other expenses (Any tem exceeding 10% 2er] 68 zzr{asz] asa | 1538 ofthe total expenses relating to continuing operations tobe shown separately) Frotal expenses w779| 53550 voi | ez10| aseaa| 7452 3] Prot (Loss) rom operations Before omer Toa} GIT) GSH] uszay— saa] — a income nance costs and exceptional items (1-2) 4Jodher income aa} 1338 woz] 3306] aaa] 30.01 5|Pront/ (Loss) rom ordinary activites before 722) Tar sis] 1979] zoo] Isa? Innance costs and exceptional tems (3+ 4) «Finance costs ooo] o07 013} o2z cas] 027 7|Profit/(Loss) trom ordinary activites ater finance raz] 740 sos} 1957] 2021] 1480 \Costs but before exceptional items (5 + 6) s}Exceptiona tems a) , ess] aaa} (0.63) Profit (Loss) rom ordinary activites before tax(7-8) raz) 582 sos) sea] tasa| a7 10|Tax Expenses : t Icurrent Tax 376 [Mar Credit entitlement forthe year 3 MAT credit Eailement for The Earlier year : Deterd Tax 11) Net Prott/ (Loss) from ordinary activities ater tax ra) sz sos} 1563] 193 | 1051 Jo+10) 12]Estraorainary items (not oftax expense Rs. Lakhs) - : 293 13}Net Pront/(oss) or the period (11+ 32), ra] 582 sos] sss] tsa] 758 14[share of profi/(oss of associates* 7 oz 15]Minorty interest 16|Net Proft/(Loss) ater taxes, minotty interest rae] $82 sos} 1563] ease] eo land shareofprot/(lss) of associates (13 14 +45)* ‘17|Paid-up equity share capital 1,081.80 | 1081.80 T0BL80 | 10aTaD | ToBTa0 | —108ra |(Face Value of the Share Rs 1/-) = . 10}Reserve excluding Revaluation Reserves as per 3273| 281 2163] 2163} 3273) 1440 Balance Sheet of previous accounting year 19i}Barnings per share (Before extraordinary Items) (of, 1/-each) (Not annualised): (a) Base an} ‘001 coo] oot coz oor (b) Dinted oot} oo coo} oot oe oo 191i] Earnings per share (After extraordinary Items) (oF Rs. 1/-each) (Not annualised) (a) Base on} oot oo ooz on (2) ites oor] oot ooo] oo 002 <VW) Swadeshi Swadeshi INDUSTRIES & LEASING LTD. CIN NO. L45209 MH 1983 PLC 031246 Date : Particulars ‘Tmonthis ended (31/12/2016) [INVESTOR COMPRAINTS Pending atthe beginning og the quarter Received during the quarter Disposed of during the quarter Remaining unresolved at the end of the quarter NIL NIL NIL NIL Notes 1) The Company has dealt in Trading of cloth during the quarter ended 31.12.2016 hence segment wise disclosure is not required Ii)The above text of Unaudited financial results has been duly approved by the Board of Directors Meeting held on 10th Feb, 2016. ili)Previous year / quarter figures have been regrouped rearranged whereever necessary iv)The Limited Review of above Auaited financial results has been undertaken by the Statutory Auditors ofthe Company \) Tax Expenses has not been provided forthe quar ended on 31th Dee 2016 Dated : 10th fab.,2017 Place : Mumbai ‘Add : Office No.2-3 Shreenath Krupa Bidg., Opp. Swagat Hall, Kasturba Road No. 5, BORIVALI (E), MUMBAI - 400 066, Ph, 022-28648850, email: compliance@swadeshiglobal.com, website : swadeshiglobal.comDHAWAN & CO. CHARTERED ACCOUNTANTS 404, Bajrang Building, Maruti Nagar Complex, Dahisar (East), MUMBAI 400068 Tel: 8652494370 Email ID: gupta9404@gmail.com INDEPENDENT AUDITORS’ REVIEW REPORT TO THE BOARD OF DIRECTORS OF SWADESHI INDUSTRIES & LEASING LIMITED We have reviewed the accompanying statement of unaudited financial results of Swadeshi Industries & Leasing Limited (“the Company”) for the quarter ended 31" December, 2016 (“The Statement”) being submitted by the Company pursuant to the requirement of Regulations, 33 of SEBI (Listing Obligations and Disclosure Requirement) Regulations, 2015 read with Circular No. CIR/CFD/FAC/62/2016 dated 5" July 2016. This statement is the responsibility of the Company's Management and has been approved by the Board of Directors of Swadeshi Industries & Leasing Limited. Our responsibility is to issue a report on these financial statements based on our review. We conducted our review of the Statement 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 provide 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, 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 accounting practices and principles generally accepted in India, has not disclosed the information required to be disclosed in terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015, read with Circular No. CIR/CFD/FAC/62/2016 dated 5" July 2016 including the manner in which it is to be disclosed, or that it contains any material misstatement. For Dhawan & Co. Chartered Accountants FRN: 002864N, (eg 070834. Place : Mumbai Date: 10" February 2017