Y. K. SUD & CO.

CHARlfERIED ACCOUNTANTS
YOGINDER KUMAR SUD th
Atbika Tower] 4 Floor
B.COM] F.C.A Police Lines Road] Jalandhar
TEL-0181-2220220, 2.224174

Limited Review Report for Quarterly Unaudited Financial Results

~I- - ._-- -- - ..-. - \
To

Board of Directors
Sarup lndustries Limited
Jalandhar (Punjab)

We have reviewed the accompanying statement of unaudited financial results of Sarup

Industries Llmited, P,O. Ramdaspura, Jalandhar for the period ended \31st December, 2016
except for the disclosures regarding 'Public Shareho ding' and 'Promoter and Promoter Group
Shareholding' which have been traced from dlsclosuros made by the management and have not
been audited by! us. This statement is the responslbilhy of the company'~ Management and has
been approved by the Board of Directors/ Committee of Board of Direetors \ . Our responsibility is
to issue a report on these financial statements based on our review,

We have conducted our review in accordance with the Standard on Heview

I .1
Engagement
. , ..
(SRE)
2400, engagements to Review Financial Statements issued by the Institute of Chartered
Accountants of India, This standard requires that Wil plan and perfor~ the review to obtain
moderate assurance as to whether the financial statements are free of ~ater ia l misstatement.
A review is limited primarily to inquiries of company personnel and an analytical procedure
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, nothing has come to our attention that causes us to
elieve that the accomp,anying statement of unaudited fi~ancial resul~s p~epar~d in accord~~ce
ith applicable accounting standards and other reconnlzed accounting practices and policies
as not disclosed the information required to be disclos ed in terms of Reg lation 33 of the SEBI
Listing Obligations and Disclosure Requirements) Re gulations, 2015 in ,Iuding the manner in
hich it is to be disclosed, or that it contains any material misstatement.

lace: - Jalandhar
ate: - 14.02.2017