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Standalone Financial Results, Limited Review Report For December 31, 2016 (Result)
Standalone Financial Results, Limited Review Report For December 31, 2016 (Result)
Standalone Financial Results, Limited Review Report For December 31, 2016 (Result)
~ JAGSON AIRLINES
IIlrd Floor. Vandana Buildmg
Dear Sir.
This is to inform you that the Board of Directors of the Company in its meeting held today i.e.,
13 th February, 2017 have taken care on record of the following:
1. The Board has considered and approved the Un-audited financial statement for the
quarter ending 31 sl December, 2016. Copy of the aforesaid results along with Limited
Review Report is enclosed herewith.
2. The Board considered a'nd approved the re-appointm~nt of Secretarial Auditors, namely
Mis. Chhama Goel & Associates, Company Secretade's, New Delhi to conduct the
secretarial audit for the financial year 2016-17.
In terms of Regulation 30, it may further be noted that Board meeting concluded at 01: 10 P.M.
on February 13,20 I 7.
Thanking you.
Head Office:
Total income from opemtions Mt 0.000 0.000 0,000 0.000 0.000 0.000
2 Expenses
a COSt of materials consumed 0,000 0,000 0.000
~w()rk'in.progr"'s.ndstOCk,jn.
0,000 0,000 0.000
0.000 0.000 0,000
~~."."";".-'""'""-'""
(22.270) (37.094) (28.190) (86.244) (77.052) (514,928)
,tl2
0,015 (1,041 tUIlO 0,071 0,099 4,410
5 Profit! (Loss) from ordinary activities before finance costs and (22.255) (37.052) (28.180) (86.173) (76.953) (510.518)
~"*
0,000 0,000 0.000 O,QOO 0,000 0,000
Shares (as a % of total shareholding of promoter and promoter
rOllP) i
l'ercclll~ge ofSh.""I(as a % ohotal ,h",o capital of the ComPllllY)
0) Noncneumben:<!
Number ofShares 14426035,000 14426035,000 14426035.000 14426035,000 14426035.000 14426035,000
Percentage ofShilrcs as a %oftotll shnrcholding ofprolllotcr ao'd promoter 1.000 1.000 1.000 1.000 1.000 1.000
Percentaro-c of Sh.1r$Jas a % 'Of total share c~pital of the Contpanv)
w 0,115 0,715 0,715 0,715 0,715 0,715
AnDlicnble in the case of consolidated results.
Particular 3 months ended (31.12,2016
B INVESTOR COMPLAINTS
IPcndinl! at the ~qginnitlg of the qua.rter NIL
Received durirtft thcQunrtcr NIL
Disposed of duri"~ the quarter NIL
Remainiuu unresolved at the end of tbe {luartcr NIL -,
Notes:
I The above results have been taken on records by the Board ofDircetors at their meeting held on ; 13/0212017
1 ASl? OH ScAme!\[ RepOrting is not apphC<lble~
3 Provision for Defem:d Tax: Liability would be made at the year end.
4 No Shareholders COl11plaint is PendinA_ By Order of the Board
For JAGSON AIRl.INES l.IMITED
~
/
_.
(J ISh Pershnd Gupta)
Delle: 13-022017 ~ NAGING DIRECTOR
Place New Delhi DIN : 00355049
SalJ/f;yI KalaHvtr A~
CHARTERED ACCOUNTANTS 1136,
Old Rajinder Nagar,
Ganga Ram Road
New Delhi-ll0060
Limited Review Report For the Quarter & Year Ended December 31,2016
We conducted our review in accordance with the Standard on Review Engagement (SRE)
2400, Engagements to Review Financial Statements 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 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 abQve, 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 recognized accounting
practices and policies has not disclosed the information required to be disclosed in terms
of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015 including the manner in which it is to be disclosed, or that it contains
any material misstatement.