I

R.sai3i2%A%?g&ia%M
Aaxclitar of the camp-

B
L
a

""-

~ ~ t pqs
e d~ & yzoa
, s.

YI I

RR8&ASg~*~i$s~~S

G h g r t ~ ; ; dr ~$ntr,-~~~

'33'..;
. - -T vs
*

%
,

\<

Par:ear

R R S & ASSOCIATES
INDEPENDENT AUDITOR'S REPORT
(Pursuant t o the Regulation 33 of the SEBI (Listing Obligations and
Disclosure Requirements) Regulations, 2015)

To
T h e B o a r d of D i r e c t o r s
Minaxi Textiles Limited
We have audited the accompanying annual financial results of M I N A X I
TEXTILES LIMITED('the Company) for the year ended on 31Stl~arch,
2016 attached herewith, being submitted by the company pursuant t o
the requirement of Regulation 33 of the SEBI (Listing Obligations and
Disclosure Requirements) Regulations, 2015. Attention is drawn t o the
fact that the figures for the quarter ended 3 l S t March, 2016 and the
corresponding quarter ended in the previous year as reported in these
financial results are the balancing figures between audited f i g ~ ~ r ein
s
respect of the f ~ l lfinancial
l
year and the published year t o date figures up
to the end of the third quarter of the relevant financial year. Also the
figures up t o the end of the third quarter had only been reviewed and not
subjected t o audit.

Management's r e s p o n s i b i l i t y f o r t h e F i n a n c i a l R e s u l t s

--

These financial results have been prepared on the basis of the annual
financial statements and reviewed quarterly financial results up t o the
end of the third quarter. Management is responsible for t h e preparation
of these financial results and other financial information in accordance
with the recognition and measurement principles laid down under section
133 of the Companies Act, 2013 read with rule 7 o f the Companies
(Accounts) Rules, 2014 and other accounting principles generally
accepted i n India and i n compliance with Regulation 33 of the SEBI
(Listing Obligations and Disclosure Requirements) Regulations, 2015.
This responsibility includes the design, implementation and maintenance
of internal control relevant to the preparation and presentation of the
financial results t h a t give a true and fair view and are free from material
misstatement, whether due t o fraud or error.
--

Ahmedabad : 211, Kamal Complex, Opp. State Bank of India, Nr. stadium Circle, C.G.Road, Ahmedabad -380009.
Contact : 079-26561202. 98245 42608. E-mail : rrs~associates@rediffmail.com,rrs-assoc~ates@yahoo.co.~n
Mumbai : 14. Istflwr. Vraj Bhuvan.Te,jpalScheme. Main Road No. 1. Vile Parla (East), Mumbai-400057. Contact: 97022 24535

'

Auditor's Responsibility
Our responsibility is to express opinion on these financial results based
on our audit of the annual financial statements. We conducted our audit
in accordance with the auditing standards generally accepted in India.
Those standards require that we plan and perform the audit t o obtain
reasonableassurance about whether the financial statements are free of
material misstatement(s).
An Audit includes examining,
amount disclosed as financial
accounting principles used
management. We believe that
our opinion.

on a test basis, evidence supporting the

results. An audit includes assessing the
and significant estimates made by
our audit provides a reasonable basis for

Opinion
I n our opinion and t o the best of our information and according t o the
explanations given to us these financial results:
i.

are presented in accordance with the requirements of Regulation

33 of the SEBI (Listing Obligations and is closure Requirements)
Regulations, 2015 in this regard; and

ii.

Give a true and fair view of the net profit and other financial
information for the year ended 3 1 March 2016.

For R. R. S. & Associates

Chartered Accountants
Firm Reg. No. 118336W

.
*
v

Hitesh V. Kri lani

(Partner)
M. No. 140693
Place: Ahmedabad
Date: 27/05/2016