A BHUSHAN SHARMA & CO.

CHARTERED ACCOUNTANTS
IIN .1299. SECTOR _ 15 B, CHANDIGARH
Ph. No. 0172-4627699
E-mail id : ca.chd 07 @smail.com

TO THE MEMBERS OF
MONETA FINANCE PRIVATE
8, ELECTRONICS COMPLEX, CHAMBA T. SOLAN. H.P.
FOR THE YEAR ENDING 31- MARCH 2

FINANCIAL

We have audited the accompanying fi I statements of MONETA FINANCE PRIVATE

LIMITED ("the compooy"), which the Balance Sheet as at 31 March 2011, t];re
Statement of Profit and Loss, and Cash Flow Statement for the year then ended, and a summary of
significant accounting policies and other exp natory information.

'S RESPONSI FINANCIAL

The Company's Board of Directors is
Companies Act,2013 ("the Act") with
sive a true and fair view of the financial
accordance with the accounting principles
Standards specified under Section 133 of
Rules, 2014. This responsibility also incl
accordance with the provision of the Act
preventing and detecting the frauds and
appropriate accounting policies; making j
and design, implementation and mai
effectively for ensuring the accuracy and
preparation and presentation ofthe financial statements that give a true and fair view and are free
from material misstatement. whether due to
nsible for the matters in section 134(5) of the
to the preparation of these financial statements that
ition, financial performance of the Company in
erally accepted in India, including the Accounting
Act, read with Rule 7 of the Companies (Accounts)
the maintenance of adequate accounting records in
safeguarding of the assets of the Company and for
other irregularities; selection and application of
ts and estimates that are reasonable and prudent;
of intemal financial control, that were operating
ofthe accounting records, relevant to the
aud or emor.

AUDITORS' RBSPONSIBILITY

Our responsibility is to express an opinion these financial statements based on our audit. We
have taken into account the provisions of e Act, the accounting and auditing standards and
matters which are required to be included i the audit report under the provisions of the Act and
the Rules made thereunder. We conducted audit in accordance with the Standards on Auditing
specified under section 143(10) of the Act. Standards require that we comply with ethical
requirements and plan and perform the t to obtain reasonable assurance about whether the
 YA BHUSHAN SHARMA & CO.
CHARTERED ACCOUNTANTS
IIN T299, SECTOR 15 B, CHANDIGARH
-
Ph. No. 0172-4627699
E-mail id: ca.chdO7 @gmail.com

financial statements are free from I misstatement. An audit involves performing

procedures to obtain audit evidence about amounts and disclosures in the financial statements.
The procedures selected depend on the audi 's judgment, including the assessment of the risks
of material misstatement of the financial ts. whether due to fraud or error. In making
those risk assessments, the auditor considers internal financial control relevant to the Company's
preparation of the financial statements th sive true and fair view in order to desien audit
procedures that are appropriate in the ci mstances. An audit also includes evaluatins the
appropriateness of accounting policies used and the reasonableness of the accountine estimates
made by Company's Directors, as well as aluating the overall presentation of the financial
statements. We believe that the audit evi we have obtained is suffrcient and appropriate to
orovide a basis for our audit ooinion on the ial statements.

OPINIOI.{

In our opinion and to the best of our in and according to the explanations given to us, the
aforesaid financial statements, give the in tion required by the Act in the manner so required
and give a hue and fair view in conformity ith the accounting principles generally accepted in
India:

a) in the case of the Balance Sheet. of the of affairs of the Company as at March 3L , 2017 ;
b) in the case of Statement of Profit and , ofthe loss for the year ended on that date; and
c) in the case of the Cash Flow Statement. o the cash flows for the year ended on that date.

REPORT ON OTHER LEGAL AN

1. As required by the Companies (
Central Government of India in terms
Act,20t3, we give in the Annexure a
4 of the Order, to the extent applicable.
2. As required by section 143(3) of the A
We have sought and obtained all the i
") knowledge and belief were necessary
b) In our opinion proper books ofaccount
far as appears from our examination of
c) the Balance Sheet, the Statement of
this Report are in agreement with the
d) In our opinion, the aforesaid financial
specified under Section 133 of the Act,
2014.
's Report) Order, 2016 ("the Order"), issued by the
f sub-section (11) of section 143 of the Companies
tement on the matters specified in paragraphs 3 and
we report that:
rmation and explanations which to the best of our
the purposes of our audit.
required by law have been kept by the Company so
ose books
it and Loss, and Cash Flow Statement dealt with by
ofaccount.
statements comply with the Accounting Standards
with Rule 7 of the Companies (Accounts) Rules,
 RIYA BHUSHAN SHARNTA
& CO.
CHARTERED AC C OUNTAI\TS
Hr{ . 1299, sEcroR _ 15 B, cHenoicARH

ived from the directors as on

37 March,2017.
none of the directors is disqualified
as on 3 i
in terms of Section 164(2) of
rhe Act.

I With respect to the other matters

^
information
inclu< in the Auditor,s Report and to the
and accordirg t" th;-;;;;;il", iven to us :
best of our

i) The.Company has made provision,

as uired under the applicable law
standards, for material for"r""uUf"
f&rl., ifany,
or accounting
contracts - Refer Note 4 to on long term contracts including
the financial i tements; derivativ!
ii) There were no amounts which
Protection Fund by the Company.
,"q"ir"j to be transferred, to the Investor
Education and

is regisrered wirh RBr the certificate number is 8_06.00384

;ff ;;trf;:y a
dated
i) fne board ofdirectors have passed resolu
2.
on ror-non acceptance
ofpublic deposits;
company has not accepted ur,y
llll" poUli deposits during the year.
3. The.company has compil"a
applicable to it.
#itr, tr,"il;;
r mcome recognition accounting
standard etc. as

For PRIYA BHUSI{AN SHARMA

& CO.
Chartered Accoun
Firm Reg. Nu

Place:- Chandigarh
(PRIYA
Date:- 03.05.2017
 PRIYA BHUSHAN SHARMA & CO.
CHARTBRED ACCOUNTANTS
tr No. l2gg, sEcroR - 15 B, CHANDIGARI{
Ph. No. 0t72-4627699
E-mail id: ca.chd07@gmail.

uditors'

Moneta Finance Private Limited

(crN :il16s921HP199sPTC0170S8)

Annexure to the Auditors' RePort

(Refened to in paragraph I under 'Report on other Legal and Regulatory Requirements'

section of
our report of even date)
of the Order is
Having regardto the nature of the company's business / activities, patagrapha(xiii)
not applicable.
We neport that:

Clause (i):
(a)Whether the company is maintaining proper records showing full particulars,
including

quantitative details and situation of fixed assets?

bY the
Auditors' Remarks: The Company does not have any fixed assets as reported
maintaimed.
management. so, no record as regards to fixed assets are required to be

at reasonable
(b)Whether these fixed assets have been physicaily verified by the management
intervals; whether any material discrepancies were noticed on such
verification and if so, whether
the same have been properly dealt with in the books of account?
Auditors' Remarks: Not APPlicable.

(c) Whether the title deeds of immovable properties are held in the name of
the company' If not'
provide the details thereof.
Auditors' Remarks: Not APPlicable.

Clause (ii):
Whether physical verification of inventory has been conducted
at reasonable intervals by the
management and whether any material discrepancies were
noticed and if so, whether they have
been properly dealt with in the books of account?
as reported by the
Auditors, Remarks: The Company does not hold any stoCk of inventory
management. so, physical verification as regards to inventory is
not applicable'
 PRIYA BHUSHAN SHARMA & CO.
CHARTERED ACCOUNTANTS
[I NO. 1299, SECTOR _ 15 B, CHAI\DIGARTI
E-mail id: ca.chd07 @gmail.

Clause (iii): Whether the company has granted any loans, secured or unsecured to companies,
frrms, Limited Liabilify Parbrerships or other parties covered in the register maintained under
section 189 of the Companies Act. If so,

(a) Whether the terms and conditions of the grant of such loans are not prejudicial to the company's
interest;
Auditors' Remarks: The Company has given loans on terms which are not prejudicial to the
interest of the Company.

(b) whether the schedule of repayment of principal and payment of interest has been stipulated and
whether the repayments or receipts are regular;
Auditors' Remarks: The company has granted loan of Rs 17,50,000 to M/s Classic Services.
The loan became substandard asset on 30.09.20L0. During the year np interest income has
been recognised on account of loan given to M/s Classic Services as tlie party has not heen
able to pay any interest during last seven years.

(c) if the amount is overdue, state the total amount overdue for more than ninety days, and whether
reasonable steps have been taken by the company for recovery of the principal and interest;
Auditors' Remarks: Steps have been taken by the company to recover the above outstanding
principal & interest amount.

Clause (IV): rn respect of loans, investments, guarantees and security whether provisions of section
185 and 186 of the Companies Act, 2013 have been complied with. If not, provide the detaiis
thereof?
Auditors' Remarks: The Company has given loans in conformify with gection 1B5 and 186 of
the Companies Act, 2013.

Clause (V):In case the company has accepted deposits, whether the direcdves issued by the
Reserve Bank of India andthe provisions of sections 73 to 76 or any other relevant provisions of the
Companies Act, 2013 and the rules framed there under, where applicable, have been complied
with? If not, the nature of contraventions should be stated; If an order has been passed by Company
Law Board or National Company Law Tribunal or Reserve Bank of India or any court or any other
tribunal, whether the same has been complied with or not?
Audfltors' Remarks: The Company is a Non Banking Finance Company registered with RBI
so the provisions of Section 73 to 76 are not applicable to the company.
 PRIYA BHUSHAN SHARMA & CO.
CHARTERED ACCOUNTANTS
H NO. 1299, SECTOR
- 15 B, CHAI.{DIGARH
Ph. No. 0172-4627699
E-mail id: ca.chdtO7

Clause (VI):Where maintenance of cost records

has been specified by the Central Government
under sub-section (l) of section 14g of the Companies
Act, 2013 and whether such accounts and
records have been made and maintained?

Auditors' Remarks: The Central Government

has not prescribed the maintenance of cost
records under sub-section (1) of section 148
of the Companies Act, 2013 for any of the
products of the company.

Clause (VII):
(a) whether the company is regular in depositing
undisputed statutory dues including provident
fund, employees' state insurance, income-tax, sales-tax,
service tax, dufy of cqstoms, duty of excise,
value added tax, cess and any other statutory
dues with the uppropriui";;;;i;", and if not,
the
extent of the alrears of outstanding stafutory dues
as at the last day of the fi'ancial year concerned
for a period of more than six months from the date
they became payable,shall be indicated;
Auditors' Remarks: According to the information and explanations
given to us, the company
was generally regular in depositing dues in respect
of Employees provident Fund, Employees
State rnsurance Fund, rncome Tax, and other statutory
dues (whichever applicatrle) with the
appropriate authorify during the year.
According to the records examined by us and the
information and explanations given to us,
there are no disputed amounts due in respect of income
tax, sales tax, excise duty, Employees
provident fund, Employee state insurance fund and
other statutory dues at the end of the
year.

(b) where the dues of income tax or sales tax or seryice tax or duty of customs or duty
of excise or
value added tax have not been deposited on account of
any dispute, then the amounts involved and
the forum where dispute is pending shall be mentioned, (A
mero representatron to the concerned
Department shall not constitute a dispute).
Auditors' Remarks: According to the records examined by us and
flire inlbrmation and
explanations given to us, there are no disputed amounts
due in respect of income tax, sales
tax, excise duty, Employees provident fund, Employee state insurance
fund and other
statutory dues at the end ofthe year.

clause (vrlr): whether the company has defaulted in repaymont of loans or borrowings to a
financial institution, bank, Government or dues to debenture
holders? If yes, the period and amount
of default to be reported;
Auditors' Remarks: The Company has not defaulted in the repayment
of loans or borrowings
to banks, financial institutions and Debentures holders during
fhe year.
 PRIYA BHUSHAN SHARMA & CO.
CHARTERED ACCOUNTANTS
H NO. 1299, SECTOR _ 15 B, CHANDTGARIT
Ph. No. 0172-4627699
E-mail id: ca.chdO7

Clause (IX): Whether monies raised by way of initial public offer or fuither public
offer (including
debt instruments) and term loans were applied for the purpose for which those
are raised. If not. the
details together with delays together with delays or default and subsequent
rectification, if any, as
may be applicable, be reported?
Auditors'Remarks: The Company has not availed any secured loan during the year.

Clause (X): Whethet any fraud by the company or any fraud on the company
by its officers or
employees has been noticed or reported during the year;
If yes, the nature and the amount involved
is to be indicated.

Auditors'Remarks: In our opinion and according to the information and explanations given
to us no fraud on or by the Company has been noticed or reported during the year
that causes
the financial statements to be materially misstated.

Clause (XI): Whether managerial remuneration has been paid or provided in accordance
with the
requisite approvals mandated by the provisions of section 197 read with Schedule V of the
Companies Act? If not, state the amount involved and steps taken by the company
for securing
refund of the same;
Auditors' Remarks: No managerial remuneration has been paid or provided during the year.

Clause (xii) whether the Nidhi Company has complied with the Net Owned Funds to Deposits in
the ratio of 1: 20 to meet out the liability and whether the Nidhi Company is maintaining ten per
cent unencumbered term deposits as specified in the Nidhi Rules, 2014 to meet out the liabiiity;
Auditors'Remarks: The Company has complied with all the statutory requirements.

Clause (xiii) whether all transactions with the related parties are in compliance with sections 177
and 188 of Companies Act, 2013 where applicable and the details hive been disclosed in the
Financial Statements etc., as required by the applicable accounting standards;
Auditors' Remarks: the transactions with related party llave been disclosed in notes to
accounts.

Clause (xiv) whether the company has made any preferential allotment or private placement of
shares or fully or partly convertible debentures during the year under review and if so, as to whether
the requirement of section 42 of the Companies Act, 2013 have been complied with and the amount
raised have been used for the purposes for which the funds were raised. If not, provide the details in
respect of the amount involved and nature of non-compliance;
Auditors' Remarks: During the year, the Company has issued 7,201000 equity shares of
Rs.10/- each to its holding company i.e. Himachal Futuristic Communications Ltd. at a
premium of Rs.17.50 per share. R.equirement of section42 of the Companies Act,2013 have
been duly complied with.
 PRIYA BHUSHAN SHARIVIA & CO.
CHARTERED ACCOUNTANTS
II NO. 1299, SECTOR _ 15 B, CHANDIGARH
Ph. No. 0172-4627699
E-mail id: ca.chd 07 @smail.

Clause (xv) whether the company has entered

mto any non-qash transactions with directors or
persons connected with him andif so, whether the provisions of section 192 of Companies Act,
2013have been complied with;

Auditors' Remarks: The Company has not made any

transactions with the directors of the
Company during the year.

clause (xvi) whethtljl. cgTpany is required to be registered

urder section 45=IA of rhe Reserve
Bank of India Act, 1934 andif so, whether the registratiin
has beon obtained.
Auditors' Remarks: The Company is registered with the
Reserve Bank of India, chandigarrl
and the registration no. is B - 06.003g4.

For Priya Bhushan Sharma and Company

Chartered Accountants

Place: Chandigarh
Date : 03.05.2017
M.{)N' tA F,INANCS PIr'T' LIMIT'E.D''

ts*Lilf*'€S SI{SET t{'$ rfT3trst;tffAl{eHr 2'0'i? {Alttpimti.n

r 31.Q3.2017 As at 31,03.201
ir{STE i.{g-
'BARflf€ULA-B$.

I EQUITY AND LIAB{LITIES

(l) Shareholder'sFundS 1,02,00,000 30,00

it o?
{a) Sttate Capitat' 1Jt,5:0,343
(b) Reserves & SurPlus
Waiiettfs
ici: Uottpv Re.eived agdirtst $hare

{?} Strere,apgli.catienftone}perrdinF,aflotrnsnf

,fA Nron,'ettruentliAbilities
da} LoBg lerrll barlo*tttg:
{b). D.ef-Ened ta.x tiatilitigs
(c) Ether iortg,ter;in: lialiiLities loJl,300
{d) Long term' Prov'isiens

(4) Cune*.tiabili{ies
{a} Sfror't tenn bor'rowings
(b) Trade PaYables 4;.850
{sl .tliej e-.}$l"€rrt, ti:ibnilies xl,$Il
{d), Shorf Jein ProvrSioris
TOTAL (RS,)

,JI", .AS-ET.S.**.^ --.-..*:: . . -.:: ...---- - -..j--------.

O) Non Current Asscts

(a) Fixed Assets
(,i) T:ang:ible &.ssets
{ii} lntar$iib:ttLAssets
,(iii), Capital rN-ork i*'pr'qgre$'
ii;.lnisngiblp,Ass€-tsE-rld8t'&vs'lqp'r*ptrr 2,02.02;?50
t I 0i7)
(b) Non Current investrnents rl oi?\
,(c) De,fe*edta< as$sr$ (NsJ)
I \.'/v
I /

34, 2,7_87

(d) Long-term loans & advances

* 2052,5e3

(€J. gtllel:n9nrc-lrrrfi}t asEef s

:fXl Clrr+at dsset$

(a} Gunerrt. :{r.rvsslnlerrt!'
{b} Invent'ories
:(c) T{sde,teseilables 6j. 5,?s2 4 1 A1<
t0
,i4j :g45h14nd eash,e4lrivalwts:
&1 $hCIrt..1-9'fltt ioans atid'
adqt'es' '|
8,648
1l
f f.) :Oth$r cuf:rerrt:
as$et$ 168
'roTAL (RS)
:Fiiaileitl $t1}'ftr|}c-nt$
Sse-aaeomFlrny rlgin$t€t td nhc

E rJ 'bf en'eitte"a6ach€d'

Fora.nrl loni$\$.lf' of ,tie Board of D

ir'ectors

C?rareirEd
Firm
ff
825 ,
?l

;3
i:/
f.i
---i"s* Na:rv.r$an *Ial
!/:
'o1/
DIREETCR
DI.REqTCIR
DIN
DrN :000i30s9

P:l*ee: Chandtgath
Dated:03-05-L?
iUONDfA P NCE tlYT. LfiI{IT,fiD

p,R-oFr:F: &: r;gss s:r,ATE[.IEtrT SgRTI{g.i4pAeENt Eq.oi{ }ii0,pltr0l7

Ataowl: Itt:Rltryes
P+n{'I€U;L*fts iXrte.i{r' For' {hcy,tar:e.ndeil flor::{ht pi,br:ious.y*ar
.on 31.03.1? endcd on 31,03.16

i Rev€hUeifrOinioperaticfls t2, 30"@0 4,66,415

I,I G.ther Incosri'

m Totat Rev*nut { I +:lI)

tV .G,ipsnsas
Coit af :riratilrialcrtns{}ried
Purohaso,of 3 tcnk ia:trade
Char+ge in inventor:i.es+F, finished gocd*,
andstek rlnrlfiatle
li'oik--lb"gqogres-s

Employee b-ere{IX,enp.*.nses
F.i*eneiaL cost
Fe.pr,eciatian
,g$er .exp, grrse-$ 7l3r8
Tdtal K'{.!a-nscs 3,77,t47 73,218

Pr.or.ilb.elbf-e€-{F.FIiqgf ,&;gttragirliinarV
(3,47,t4'1) ? 01 ?s?.
iteEF and::t&1r{1{t - lV}

Vi €xeeptianaf rlte*s,

vil Profits before ektraordinary items

aadrdrc {V . VJ} (3,47,14?) J.yJ,r) I
'-
V,IH E4]r.aotdita{y'lterns

H Ftqliubefor{tax(V-Il,'Vtt'[] t"91,257

x &i&pxpensej
l.l7;9s$.
t,t) Cur.*nt.F-x,
(2). Feier.r,eei.Ta.t ':,758

) t) ;!.1
1fl.: Profir,/{Loss)'fer,.fhe,peridd il:oiTi ,(3,4?,! 47)
coruihuing oper.ations{lX - X)

X[[ P,rofif /{ios+).ftem'discoatinu'in$,sPeration

XIIi Tax: *lp.:e. Bse..s uf diseqltinuj'sg:-s.xlr-+3ll'b4q

XIv kofiti{L{$e.} frorn:dlscontin"uLng

op*xio*s.a*e* &x (xll - x'n[)

xv Pr.ofitl {i-oss} ftr.r.he perJca fff't Xlt) il;4nia? 2,??'54r

Xvl Earning per equitY share :

{1.16) 0^9rl
{i.) Basis
.(,1.16) 0.9'l
{4 Dilet€.d!

$r.e.ac*.ompa.lyrng trol9s. i.o: f ht :fig8!.ei*! s*t+isrnglrts

ns per our repo*oFslra*-drild attacfted

FO-K..P-R.I:Y+,'E!.{!tSfl+-it{,5€AItMAi}eor For and orr.{ehalf of the Board ol Directors

\\
t\

**"b-
(r*iy* Na'rvtat*n.&jal:sengnni
DIREET.O..R
{Fr.oprietor
Mgmbers}rip : 00053059 DiN:00.166093

F.l,qqe: Chaldisa*t
Dated: 03,S5.rt?-
 MsNEr* FI!'tANee PVn Ll MirEtr.

l,rgrEs *NN€s*Es jf,s aLp,fgss!:se F+fEi4]j{E s,eeguN rs

{, $.I+AREEiAP.IY L As:At.
31.t$.1?
As.At
$1,03;1S
AUTfiORI$ESr
3b,S0-opg.€3uj|*5ti3t9s(P.r,?v.ie-qs;v.9ar3-99,'0.001os110/'Qap.hr 3.00.00.000 30,00,00Q

tssuED-su-Bs.QRlBeD&pAlD uP '1;02,0-0.000 :3q00'000

1Q20,00oEquityshares(Previousyear300,000)ofR5.10/-"u"n''''o""u-
:
its nominees.
Note : The entire share capital olthe Company is held by Himachal Futuristic Commuincations Ltd. and

L RESSRvEA!{eS.tlRP.L.gs
a €hare:Ff€fiiiiiiiir d$rin6'A/c 1,2A00i000

50,?4,%q
l op"b.alansg.r,-f',P.rofi{$.LoleA& 52,97,490
(3,47,141' z;72,541
Add i Frafif,I (tosslifotr ther-!'ear'
Le.ss : lnterest o 0'inc-.oti1-€: tax
6L,:!s!aRe.Fr sf:Fr.pf [i &iLgSS Ar.6

1CIN6,, tEBtld'BaRRgV,ll NGE

Iriter,csr$oraie,Deposit$.tiotn
1$0,000
M{srExel N€-ti)itrhr,ne.ree.tid;
fia/sHima-sllel,f Uiuristig-.€.emnluniaation-$Ltd,

LONG T€H\NjPROY.ISISHS
A
t:
4575
o. Provisiofl fur doubtful debts
10,31.300 ',|0,31,3q0
l. ClassicSerYlces
@
OTHER CURRENT LIAtsILITIES '"''70;000
AJAY KUMAR'TEWARI -"*
TD-s-:payable

SHORTTERM PROVISIONS
45,00.0
ACCOU$NNG CHARGES PAYABLE
321p0
AU.DITFEF€:FAf.ABL€
f.tCOMET;CR PROlllSlON

7. NON CURRENT IN.VESTMENTS

rERla {*Wsrr{ehn tAr cosr) tN EoUITY sl'lAREsi'tJNouo'1rEP
ioG
India card Technobgies Pvt.Ltd. (19'900shares of Rs l0/- each) fu||y.paid,up
1iSS,000 1,99;000

Shankar Sate-e piomofioir Pvt.Ll'd, (2,@0 shares of Rs 100/' each) fully

pald up 15,03,750 15,03,750

al a premium of Rs.650/- Ber snare

Rrql Properties Pvt. ttd, (1s5d00 optionally convertible Debentures of'
1185,00,000 1,85,,00'q00
Rs.1Ob/- each, fullY Paid uP
@
DEFFERED T,TAX.ASSET
nili :bIF.F.E-*ilNeE
rr qqn
Eeff.el.ed tax.call.ied:rto Ba:lanc.e Sheetl *-----i5#- (.1,957)
{1,e57}

ig1{G:1ggr$,LCiANS. rtt{ D AgvANeE$

$JN$ES.$REb.,.CO.N0!.DER:E$€oGE)

a
tffoiet -Ta€hnplq,$gs Fvl' ttd-

{o- CASH AND CASH EQUIVALENTS

10,1S0 19,03S

SilX-"# ilii,? BANKS I N cuRRE*', ACC' uNrs

0S;81,506 4.14,300
Orientai gank of Commerce'
''FTEDULEDNehru Place, New Deihi
Parwanoo Urban Coop.BanK Solan (H.F)
4.086 4,086
ffi
<
tl. .o-f.HE* etJR*ENr AssEr
fOS'r'eq-6verable
 iITOSIETA F.IT{AHE #w. LIMITIED

F$i the lfe*:f,snded Fof,thg prdvioiiu

:sx f,{;S$;17 ye*r e,ndedon

12, t til SOM E,F.,ROM .oP ERAT|GI\|S,

Ifitere$inapme - 4,36,475,
,e{rnsxtlk trey,.e}iarge$ 30,000 30,000

1,e OTHERE)CFENSE.S
Ae-qounting sharges, 44,0,00 24,90,4,
Audii.'ieeS 32,49S
Banksheig:es 670
hrlng Fees 3i209 14,500
tnteneslp,aid 1,370
Misle. Exp.ens..Fs "1,1,,8.67 s46
Fnl $ienal 6-harges 11'500 6;640
Rates* taxes tu$0'0oo
P,r€vi$lsn for doubtf ul, Febts (3,:575) {,1L.,5,
Travelling & Conveyance expenses t n{n 5,490
3,77,i47 73,218
 MONETA F'INANCE PRIVATE LIMITED

Notes to accounts forming part of the Balance

Account for the period ended on that date.
Sheet as at 31'ltMarch 2017 and the profit & Loss

Corporate Information
Moneta Finance Private Limited is a Private
company in India and incorporated under the provisions
the-companies Act, 1956. It came into existence of
RBr andihe ."nin'"t.
;; t"?'i;--s;;;.,nb;; 1995.
tee' ' The
rhe companv is resisrererr
regisrered wirh
with
",,,f!i'ff;:ilfiX?T^::rtr;:,;rl},j.#:er
14. SignificantAccountingpolicies

A' The accounts of the company are prepared in accordance

with the historical cost convention an{
comply in all material aspects with the Accounting
standalds issued by the Institute of chartered
Accountants of India and the relevant provisions
of the companies Act,2013, except where
otherwise stated' Mercantile system of accounting
i. io4o*ed for recognition of income and
expenses unless otherwise stated.

B' Provisions, contingent Liabilities and contingent

Assets

Provisions involving substantial degree of estimation

in mealsurement are recognised when there is
a present obligation as a result of past events and it is plobable that there will be outflow of
t.1.r:sn:ed but afe disctosed in the notes. contingent
f:.""i:":"';":,:*:1-^:1r*l':^ojtlri:',f:-n
Assets are neither recognised nor disclosed in the financial
statements.

C. Investments

a) The cost of investment includes incidental expenses likp brokerage,

fees and duties incurred
prior to acquisition.

b) The long term investments are shown at cost.

D. Retirement Benefits

Liability for gratuity is provided for when an employee compfletes the eligible period
of service.
Other Notes
15. Contingent Liabilities : Rs. Nil
16. There is no liability towards amount and interest payable to
Micro, Small and Medium
enterprises as at March 31, 2017 (Previous Year Rp. Nil). Hence,
other disclosures
pursuant to the provisions of Micro, Small and Medipm
Enterprises Development Act
2006 are not applicable to the Company.
 r'l The,eornpany.had,adv.Er*eed,.isan sf Rs,f0!0 000/-rq
Mr's 1n161u1 Teefrno,logies, pvt. Lrd. ijl
oe'ee$lber' Zs,ll'
pei*ipar r*p.ntlr
The.- p.s414 fe.s:md.g
.outstar,rdingir{teres,eamexnro.r,*srt+,:O;t'g.+f ii.;" E*Joroo,ooot in {r'*rqrwlf
lvdarch,!1,6
i .and
iiilrtaron':iri.="'vis'v'v''vvv.
l-,8, Fuflllg the.far no,lnglst income has been recogqr-ise-d, o4.&eeount of lcan givea. t* fud/+ e-lassic
S.ervle.ds as thelp6-41p4 .bas *S.b€?nl
Cp,b,to nag any,lgterest,:during last frve.years, Aeeordingly,
,p*n"vi,s19a.fo1dou' l.asser@l0% ofo"t*taitdint;*; d6|t;of*uau in rhe:bsoks sf aseornrs
a.s per NBFC Fnlder,rtial Nonns (Reserve
Bank) ,trirseti,ons, ?007.
1>- fncolne Tax
Igc-or'ne' tax 'e4pehses comprise current tax and :def,,erred:,ffieharge, The defe,rred tax charge or
ercdit *
r'eaognized using current taK rales. Ottrer aeru*eai:l*,ili*t"*g
reccgnized onltro to the
e-xtbn.t the,re.is re-asen+blE cortairf"I of realization in
f'rure, Sueh ass,ets are reviewed,.a$ at ,eash
Balance Sheet date to reassess realisation-

?s, Expenditure in Foreign Currency: Nil

2.1. the in
of hire gurcha1e, finance business and lending of money.
I!]^?:.tlltlt"-"1i1$"0 lyines.s
t-lence) other intbrmation pu6uant to rhe provisions of the paragraph 3 (ii) and +C oi part ft of
$ellodule Y[ of:t?re fompanies Aet,.ar-e,nct.qpplicabte to tir* C"*i'-anv-,

22;. Rgihied,party flpasgetign$d'isclo$r€

eo,+ri .ii;At"fir.ffiAi r"A$e;'i, itom itsToiiring companl riimely rws gimacr,ar

..*-,-,**...-";;-;-.."::ii:t.-._"$:;**'_*

!#
Futuristi's' eomnruniodtions.Ltd..(HFCL) ageqggaring to Rpt,i+,oojiQol- a, arit.o::orio- tr,,.
same has been refundqd back during the current year, ietails * unj", _
balancc as,on 0d;94*20 16 Rsil14;00;000/-
Less: Repayments durtng the year
Balance as on 31.05,201?
"-_
Rsr 1.44.00-000/-
*
Du:ring the F.Y. 201'6-,1% HFcL'tl"s invespd l(s"1,ffi0,0Q{l,.ix th6 gompan}1. The cornpanlz
HFCI,. !
' has
iss.ued ?,2$*0'0O sha"es.o,f,Rs'{:0/, eaeh af a premium o,f,n*,l yl;S0 per
slrare,:t}

t': s-har+ s.fruetrrre-CIf iv-Ion.e Fina.nsa,Friv.ate Lilnited,as oir il.03,20l?:-

Tlie sha.r otdinrg.siru,0tur€.o,f-theeo-Ixrpgny is:as.f6l j\ig;-

Sr Nam,e of'the Shar,ensliier Ito, of Eq,uiry .Ar$CIunt Per:C$nfage

Ns Shares (*$;) Shareholding

,1v.1/s Ftimaehal futuri*ia I 0, I 9,370 {,0j1ffi700 99.94

Colrrqnl.ttiea.fiO- rrs Ltd.
?,. Mr.Ana*di. Lal Jain 100 1.000 0.0
3. Mr.Prakash Chand Guleutia 100 1,000 0",0
.4 Mr.Vijay RaiJain 100 1.000 0.0
5. Mr.Anil Kumar Jain i00 r-000 0,e
6. MnRaiesh Kumar Guota 100 1"000 0-CI
Mr.Sunil Kumar Bansal r30 1.3CI0 CI.0
TOTAL 10J0.000 1.08"00.000
 2;4. ,B'ir*ets,tthi pf,t -orp,p"aay.{+an3L0.3;20 :-
l,Dr, R"IA; Kasfia
2,,Me S.K-rWadh,ui,,a
3. Ir4r. Nawrar4n Mal Bengani

2i pf_u r*_ af $,1ieeified ,.g*nli .ff.sre-s {$BN) helil. .aurd tran$aeted dur:ing 0g/11/2016, _
3g/12t20t6

e.losing,ea$6- ii1 harld as fiEITE

(-) Amount depoiiied in Banks

, elo*iug castr ir,trau* as:sn 3EjE A,-

"., .....^-.So*-.thi'F*U"rji€*Se,,gf,"th$,;qtAr'qg.r,,.f.Xlg,i.tg_r,g.r_-t:Sp,gS"tfg,i$*nk$gS.S:
p-rovi'ded in the netilicatrisu:orthe ,ecvernni"t ofinm il il;"Mililry ;ilffi;;, Lepartrrnenr 0f
Ees.nornie,A.f-fa?rs.rtumber.S l.4$7 €), daied grr"lio;€ilber"agrr.

3'6'. Previous y,ea! figlrr..es have, beqq regf. onpe.#,gga-rr3r!ged. where{er

considered necessaryi

F,o,r P'riya B-hieshan $,ha&-a &. o, For p+dc"n,behalf sf,the Eoar.d

.ehartered Aecstrrttants
Firra,Reg.Np..x

Nl*r'o -&"*r--+il
s.h4) ( Narvratan M*l Bengani)
Director
DIN;,$0Q5J$5'9. DIN.:0,0a66093
,P.laee: fha*d,igarh
i?*ed r $3r05120f?
 MAliEtIJ|. Fr rfAt{cE FRJV.A E Jg[jilT€D

Forrhe yeai---gilfr[fi;
{A},Q,a:"tr,f,{p-1v;lftpq16.p.eratiii$Aqtifiti€s

ilet Profit before tai6s

Adjustment$ for; (3,47,1471 3,93.257
Pr,ovjs:io{fotdo-Eb_lflrltdebls

Operatihg Profit before working capitat changes

t:*rzsi ,r#
Wo r* i n g. cap i talclranges.. {3,50;72?) 3,81.739
Decrease4 ncreas€) in Other Cunent Asspts
provisions 1j58r648 {43i64S)
l|1creAser(qe_crease) in Short Term {2;34;6i13}. :1,17,639.
{herease) / DdcreaSe in irwentories
fr-crgasel(Decrgase) in other cunent tiabitiiies
gash *1utt 70.:$Qg
generaibd ftotn operations
Incarrre tex,paid
{1,1?,,9S$.t
l'lpti6as! s$ed Jn O:pefrtinglactivities
(4,91,8371 6,02,t6s
{g}."Ga$h itow frem ,inu,6sting astii-itiup:

Pu.t has.e of,hxed. asge.,ts-,

sals,El:fxed qsset$
Pufchase 6f investments
:
Sale/disposal oi investments :
Proceeds/ (Advancement) of Long term Loans
& advances 14,30,194, 46,97,173
Interest recpr-ved
Dividend r€ceived,
-
Net'Saslr -t$gd, iC:inve*tfu&aetiv.itiee

ie ) eb$h'flo$l t-!'-mifisa$ci6.g acllfities

Pioceeds ftom Long Term/Shori term b€nowinos
Repaymentof l-ong ferriilshort Term bonowinis (47,24,430)
(1.45,80.000)
Dividend paid
Jncrease' iA S.fiArEhs-ldersr::fi,n-d
1,9S,00,;00 :
t'lei Ga*.hrfrgin :tiriafi eing a-e.li!.ities

l\iet iner,Ease tn eash *.EasiegsiiEienlsl 6i,58,357 2,90,51 t

Cash A $aSh eqr{yqteslsitGpefri.rrg, balAned}
4,37,425 1,46;914
Cas* &
aa
NsteE i
1 . Tt'ie OaSti Ftow"*tatement has .b_eenlpjbFar€dr
under the indi,:gsi- B,elhed,as -sel,eu1 16 11r.,
s,slandard-::,i6astrrrpw:gratem*nts,+iJ"alyi*jtdid;f6;er#Rccaunants
*cf;e;:
.e Figule$ ir hiqokbt indibatb*fsh:outnsvi
3. gaslr cash equivalents represents :
_and
Cash in. hand
1 0,1 90'
592
,7&2
(s)
For and qn belql:f rhe Board of Diiectbrs
A ." \
K{n @*Lit s"*E-:--;g
Nswrittn Ptat Bengani
--ih/
DIRECTOR
Menrbershipi.$o,,] .0&98?f ,
DtN :000i3059 DIN :00a66093
glaite.: ,gh{ndig{rll,
DaEd:,[E/95/?i]1r?