22,07,21)16

The? Dy, General Manager

Bombay Stock Exchange Limited
Corporate Relationship Department
P.J. Towers, Dalitl Street
MUMBAl - 400 001
Dear Sir,

Sub: Unaudited Finmcial Resalts for 1;

Ref: Scrip No. 503015
Pursuar~tto Regulation 33 of the SEBI [List
Regulations, 2015 we are enclosing h
Quarter ended 30th June, 2016 and the
Kindly acknowledge.

Yours faithfully,

For MODERN INDIA LIMITED

Vier; President-Company Secretary

Address: 1,Mittal Chambers, 228, Narim
FCS No: 5414

Encl: As above

Owned Subsidiary of th

as at March 31,2016 D

a)
b)
c)

Tradmg
Renewt3ble Energy
Real Estate

Unailo~abis
Total
Less Ynailocabte Expenditure
Ji)tntereat Payment

6)

a]
b)
c)

d)

Tnrding
Renewable f nergy
Reef Estate
Unalloated i Carporate

B 0.
T h e B3cran.d ctf klirectors,
h l i j d ~ _Xi-e~iiu
. ~ ~ i rml~~sii,

Re: l,imited BZc.;lieb%ttf the unaudited t3nitxatial results for the quarter ended %June
30,2016

b ' e h:it c ri.5 ~ e i i e dtlnr .iccomj7an) j n g statement uf unaudited linillieial results of Modern India
ldimitec9i YIIC i'ornp:~i~>
' i ii>rtile yuiirtcs ended on June 30, 11114, 'fhis staler-tlent is the re.;pc~nsibilit:
0 6 rht. ['t)~-izp.in.i
' L 5lnnaghtt1rsnt and I-ias k e n it13provctl bj thr Board of" Directors, Our responsibility
i:, ti9 ziws ,i I ~ " j 7 ~onr t t f ~ i bS;~liite~~~cnt
baseif otli our revicxtv.

Lire cilt~iiii~teij
isiii'
rcaict\ iil ~iccor~fi~nce
with St~tndard on Xite~ie~vEngagerl~ei~ts
ISRE) 340,
"Re\ I L " ~ X ~i Interir~~
f.in;ntlciul 1nibrm;trion I k r h r n ~ c d& j the lt~dependentAuditor of the Entity"'
i.;,tit"d 1)) tile Insi.ittltc 01' C'hnrtcrcd Accountarrts of India. This Standard requires that we plm and

perl-ijrtxl the re\ ieti to obtain ~~aodcsate

assuraelce as to nlrerher the statement of*filza~~ciai
results is
ficc. 01 irxitcsnai r3n1sstiilc!-nena ,% rci ie\r"rri s li~~iltcd
prilllarily 10 inquiries of G O I I M ~ : ~ persoalnel
XI~
and
.in;rni) ticd piiweeiieii'cs lipplied to fi~~ancial
data and 1ht.i~psoi idc less assurmee tbrri~an audit We Ila~re"
not ~ Cii,~*i-aazJ
I
;ill atiiii t :ini! ~accot
c31r1gIj. u e do riot expreys 311audit opirricln
:,

7 J 3SQ.51 1 dli1.n~ -.i.leitst;uid~ngas rcileii~;lble as at tl-ac end 01' the current quarler in
rcqw"" t>f com111itditic.; trading iransdcliittx <lone it11 National Spol Exchange I.inlited IWSEL), The
cornp~ilnj"il;i\ Illed ;a repre~c1ll:xtiw .iiin.r iri al-tr l?vlulni?aihigh C O U I T ~ E Crecovery
)~
of dues alleging fraud
"ij rile b"i~rerr~mi:irx
~ i t ~C'EO
d of holding con~p,zrn\ NSEI, rind certain k e j persons, No proeisiora ha\
bcc~l1a11a~11:
ilg~3111~t
t l l c seccita!?le EII en of pealding outcon~~e
ufthhr legal suit :ind resolutiox~of' other

:?an ,amcturxi

B I ~

unccrtalotles ilraol\fr~ilin tllii; c~lse.\Ye are therefore unable to ohtail1 sufticient appriipriate eigicfeaace
to vcril\ the Ciirr! ixig ~ ~ I I I ~ ~~ Ix Jfhc
f I X re~owzra"6>e
~
cX: cuaaseq~aentiy~mahleeto deteriz~inecchether my
adJ ~~411?11111Fi i i I
nlllolillt i ~ IliL"OeSSilT>'
t
.
oilr rcaiitiv conductcei as abute, and subject to matters rnentioncd I11 para 3 above, rantiilirlg
:~tfi'ritio~x
tlmt C;IUCCS US 114 beliekc tlii~ttile rrecon~panyir-egstatetllent of unaudited
figr,tr;ci,i? rt'.;taIts prcjmreit in accordamlce ~ii11.ispplicahic ncoountir-ig standards ~lotifiedililcfer s e e t i o ~ ~
I ?.'i01.' tile C'oi-rapnnich Act, 2fist3 rckiii -with rule 7 of O Z T I ~ ~ J I (AGCQPLIM~S)
~CS
Rules 3014 and olher
t.eci1gniic.3 ,acci~until.igpriictici.i ,itliF p011c~e~
hLis 1-101.di~closedthe it~fonlxatioll required ti] be
Lfiscloicci iii trtrm\ c ~ Regilt:itio!~
f
3.3 of the Sb131: 41 rsting Ohligatio~zsaxid U~sclosureRequirements)
1Z;egiii;ifi~iiii~
1C915 iiacl~idiiigthe l ~ ~ a i ~ iinl ea-chich
r
it is to he disclosed, or that ihonrains any material
n~isslaternci?l.

4 13:1\ed

oil

1 1 3 ~ ~ ~ 1 . 1 3 to
2 c " 019i

";:axitc

tlr-ail :~!tcnaionto Note 8x1 5 01'pubiishccS re~~ilfs,

wherein despite accumulaied loss of 7' 555*71
L,,tklas ,is on 3 1)" ".I-lme, 101 6, in its s u b s i d i a ~nmmeiy Msdew India Propeay Deveispers L~mited
&IIdi31
I 1, t ~ t ' r ~ ~ r ~ ) v i s is
~ t considered
)zl
nece5sar.V in the <,'ox~lrpany"s
long tern
e~tllleiltcia' ?I 500

fi,,lkhs In f\llllD1.. as in 111e opil~ionof the aa~aaagemei~t

the diminutxor-; in value of 111vestmetll is
tenlporar jf n aa rrlaPPrre.

Place: Munlbui
Date: July 22,201 6

Partner
Membership No. 38934