XBRL Financial Statements Duly Authenticated As Per Section 134 (Including Board

SUNSHINE HOUSING PRIVATE LIMITED
Standalone Financial Statements for period 01/04/2017 to 31/03/2018
[400100] Disclosure of general information about company

Unless otherwise specified, all monetary values are in INR
01/04/2017 01/04/2016
to to
31/03/2018 31/03/2017
Corporate identity number U45201MH2006PTC164274
Permanent account number of entity AAKCS1389R
Sunshine Plaza, 6th
Floor,, Naigaum Cross
Address of registered office of company Road, Dadar (east),
Mumbai, Maharashtra,
India, 400014
Commercial and
Type of industry Industrial
Registration date 01/09/2006
Whether company is listed company No
Date of board meeting when final accounts were approved 31/07/2018
Period covered by financial statements 01/04/2017 01/04/2016
Date of start of reporting period 01/04/2017 01/04/2016
Date of end of reporting period 31/03/2018 31/03/2017
Nature of report standalone consolidated Standalone
Content of report Financial Statements
Description of presentation currency INR
Level of rounding used in financial statements Actual
Type of cash flow statement Indirect Method
Whether company is maintaining books of account and other
Yes
relevant books and papers in electronic form
601, SUNSHINE PLAZA,
Complete postal address of place of maintenance of computer
NAIGAUM CROSS ROAD, DADAR
servers (storing accounting data) EAST
Name of city of place of maintenance of computer servers (storing
MUMBAI
accounting data)
Name of state/ union territory of place of maintenance of
Maharashtra
computer servers (storing accounting data)
Pin code of place of maintenance of computer servers (storing
400014
accounting data)
Name of district of place of maintenance of computer servers
MUMBAI CITY
(storing accounting data)
ISO country code of place of maintenance of computer servers
91
Name of country of place of maintenance of computer servers
INDIA
Phone (with STD/ ISD code) of place of maintenance of computer
022-43404900
servers (storing accounting data)
Whether books of account and other books and papers are maintained
No
on cloud
Total number of product or service category 1
SUNSHINE HOUSING PRIVATE LIMITED Standalone Financial Statements for period 01/04/2017 to 31/03/2018
Disclosure of principal product or services [Table] ..(1)

Types of principal product or services [Axis] ProductOrServices1
01/04/2017
to
31/03/2018
Disclosure of general information about company [Abstract]
Disclosure of principal product or services [Abstract]
Disclosure of principal product or services [LineItems]
Product or service category (ITC 4 digit) code 9953
Description of product or service category CONSTRUCTION
Turnover of product or service category 30,00,80,540
Highest turnover contributing product or service (ITC 8 digit) code 99531129
Multi dwelling
Description of product or service residential building
n.e.c
Unit of measurement of highest contributing product or service N.A
Turnover of highest contributing product or service 30,00,80,540
Quantity of highest contributing product or service in UoM [Qty] 0
[400400] Disclosures - Directors report
Details of directors signing board report [Table] ..(1)

Directors signing board report [Axis] DirectorsSigningBoardReport1 DirectorsSigningBoardReport2
01/04/2017 01/04/2017
to to
31/03/2018 31/03/2018
Details of signatories of board report [Abstract]
Details of directors signing board report [LineItems]
Name of director signing board report [Abstract]
First name of director Kashyap Atul
Middle name of director Kanaiyalal Shamji
Last name of director Mehta Bharani
Designation of director Managing Director Director
Director identification number of director 00069357 00069419
Date of signing board report 31/07/2018 31/07/2018
Details of principal business activities contributing 10% or more of total turnover of company [Table] ..(1)
Product/service 1
Principal business activities of company [Axis]
[Member]
01/04/2017
to
31/03/2018
Details of principal business activities contributing 10% or more of total turnover of company [Abstract]
Details of principal business activities contributing 10% or more of total turnover of company
[LineItems]
Construction and
Name of main product/service Development
NIC code of product/service 410
Percentage to total turnover of company 100.00%
2

01/04/2017
to
31/03/2018
Textual information (1)
Disclosure in board of directors report explanatory [TextBlock] [See below]
Description of state of companies affair AS PER DIRECTOR REPORT
Disclosure relating to amounts if any which is proposed to carry to any
AS PER DIRECTOR REPORT
reserves
Disclosures relating to amount recommended to be paid as dividend AS PER DIRECTOR REPORT
Details regarding energy conservation AS PER DIRECTOR REPORT
Details regarding technology absorption AS PER DIRECTOR REPORT
Details regarding foreign exchange earnings and outgo AS PER DIRECTOR REPORT
Disclosures in director’s responsibility statement AS PER DIRECTOR REPORT
Details of material changes and commitment occurred during period
AS PER DIRECTOR REPORT
affecting financial position of company
Particulars of loans guarantee investment under section 186 [TextBlock] [See below]
Particulars of contracts/arrangements with related parties under section Textual information (3)
188(1) [TextBlock] [See below]
Whether there are contracts/arrangements/transactions not at arm's
No
length basis
Whether there are material contracts/arrangements/transactions at
No
arm's length basis
Date of board of directors' meeting in which board's report referred
31/07/2018
to under section 134 was approved
Disclosure of extract of annual return as provided under section 92(3) Textual information (4)
[TextBlock] [See below]
Disclosure of statement on declaration given by independent directors
N.A.
under section 149(6) [TextBlock]
Disclosure for companies covered under section 178(1) on
directors appointment and remuneration including other matters [See below]
provided under section 178(3) [TextBlock]
Disclosure of statement on development and implementation of risk Textual information (6)
management policy [TextBlock] [See below]
Details on policy development and implementation by company on
corporate social responsibility initiatives taken during year N.A.
[TextBlock]
Disclosure as per rule 8(5) of companies accounts rules 2014 [TextBlock] N.A.
Disclosure of financial summary or highlights [TextBlock] [See below]
The Company continues to
be engaged in the
activities pertaining
to Real Estate. There was
Disclosure of change in nature of business [TextBlock] no change in nature of the
business of
t h e
Company, during
the year under review.
Details of directors or key managerial personnels who were Textual information (8)
appointed or have resigned during year [TextBlock] [See below]
During the year under
Disclosure of companies which have become or ceased to be its review, the Company did
subsidiaries, joint ventures or associate companies during not have any subsidiary,
year [TextBlock] associate and joint
venture company.
Details relating to deposits covered under chapter v of companies act Textual information (9)
[TextBlock] [See below]
Details of deposits which are not in compliance with requirements
N.A
of chapter v of act [TextBlock]
Details of significant and material orders passed by
regulators or courts or tribunals impacting going concern N.A
status and company’s operations in future [TextBlock]
Details regarding adequacy of internal financial controls with
AS PER DIRECTORS REPORT
reference to financial statements [TextBlock]
Disclosure of contents of corporate social responsibility policy
[TextBlock]
Disclosure of appointment and remuneration of managerial personnels
[TextBlock]
Number of meetings of board [Qty] 15
3
Disclosure in board of directors report explanatory [Text Block]

DIRECTORS REPORT
OF
FOR THE FINANCIAL YEAR 2017-18
NAMES OF PAST AND PRESENT DIRECTORS OF THE COMPANY WITH DIRECTOR IDENTIFICATION NUMBERS (DIN)
1. Mr. Atul Shamji Bharani - Managing Director (DIN-00069419)

2. Mr. Kashyap Kanaiyalal Mehta - Director (DIN-00069357)
3. Mr. Mahesh Narayan Joglekar - Director (DIN-02955759)
?
DIRECTORS’ REPORT
To
The Members,
Sunshine Housing Private Limited
Your Directors have pleasure in presenting the Annual Report of the Company together with the Audited Statement of Accounts for the year
ended 31st March, 2018.
1. FINANCIAL STATEMENTS & RESULTS:
a. Financial Results
The Company's performance during the year ended 31st March, 2018 as compared to the previous financial year, is summarized below:
Particulars For the financial year ended

31st March, 2018 For the financial year ended
31st March, 2017
Income 33,68,10,441 47,58,75,010
Less: Expenses 32,87,99,512 45,27,16,188
Profit/ (Loss) before tax 80,10,929 2,31,58,822
Less: Provision for tax
Income Tax of Current year 22,00,000 18,00,000
Income Tax of earlier years w/off -- 79,03,385
Deferred Tax 395 (5,703)
Exception Income -- --
Exception expenditure -- --
Profit after Tax 58,10,534 1,34,61,140
APPROPRIATION
Interim Dividend -- --
Final Dividend -- --
Tax on distribution of dividend -- --
Transfer of General Reserve -- --
Balance carried to Balance sheet 58,10,534 1,34,61,140
b. OPERATIONS:
The Company continues to be engaged in the activities pertaining to Real Estate.
There was no change in nature of the business of the Company, during the year under review.
c. DIVIDEND:
With a view to reinvest the profits of the business, the Board does not recommend any dividend on equity shares of the Company for year ended
March 31, 2018.
d. UNPAID DIVIDEND & IEPF:
4
The Company has not transferred any amount to the Investor Education & Protection Fund (IEPF) and no amount is lying in Unpaid Dividend
A/c of the Company.
e. TRANSFER TO RESERVES:
The Company has not transferred any amount to General Reserve.
f. REPORT ON PERFORMANCE OF SUBSIDIARIES, ASSOCIATES AND JOINT VENTURE COMPANIES:
During the year under review, your Company did not have any subsidiary, associate and joint venture company.
g. DEPOSITS
The Company has not accepted or renewed any amount falling within the purview of provisions of Section 73 of the Companies Act, 2013 (“the
Act”) read with the Companies (Acceptance of Deposit) Rules, 2014 during the year under review. Hence, the requirement for furnishing of
details relating to deposits covered under Chapter V of the Act or the details of deposits which are not in compliance with the Chapter V of the
Act is not applicable.
h. PARTICULAR OF CONTRACTS OR ARRANGEMENT WITH RELATED PARTIES
The Company has not entered into any transactions/contracts/arrangements referred to in Section 188(1) of Companies Act, 2013 with related
party(ies) as defined under the provisions of Section 2(76) of the Companies Act, 2013, during the financial year under review.
i. CONSERVATION OF ENERGY, TECHNOLOGY ABSORPTION AND FOREIGN EXCHANGE EARNINGS AND OUTGO:
The particulars as required under the provisions of Section 134(3)(m) of the Companies Act, 2013 read with Rule 8 of the Companies (Accounts)
Rules, 2014 in respect of conservation of energy, technology absorption, foreign exchange earnings and outgo etc. are furnished in Annexure I
which forms part of this Report.
j. ANNUAL RETURN:
The Company does not have any website and hence, the Annual Return referred to in Section 92(3) has not been placed on the website. The
extract of the Annual Return for the financial year ended 31st March, 2018 made under the provisions of Section 92(3) of the Act is attached as
Annexure II which forms part of this Report.
k. PARTICULARS OF INVESTMENTS, LOANS, GUARANTEES AND SECURITIES:
Full particulars of investments, loans, guarantees and securities covered under Section 186 of the Companies Act 2013 provided during the
financial year under review has been furnished in Note 13 and 14 of the Notes to Accounts which forms part of the financials of the Company.
l. DISCLOSURES UNDER SECTION 134(3)(l) OF THE COMPANIES ACT, 2013:
Except as disclosed elsewhere in this report, no material changes and commitments which could affect the Company’s financial position, have
occurred between the end of the financial year of the Company and date of this report.
m. DISCLOSURE OF INTERNAL FINANCIAL CONTROLS:
The Internal Financial Controls with reference to financial statements as designed and implemented by the Company are adequate.During the year
under review, no material or serious observation has been received from the Statutory Auditors of the Company for inefficiency or inadequacy of
such controls.
2. MATTERS RELATED TO DIRECTORS AND KEY MANAGERIAL PERSONNEL
a) BOARD OF DIRECTORS & KEY MANAGERIAL PERSONNEL
i. Retirement by rotation as on:
Mr. Kashyap Kanaiyalal Mehta (DIN: 00069357), Mr. Atul Shamji Bharani (DIN: 00069419) and Mr. Mahesh Narayan Joglekar (DIN:
02955759) are liable to retire by rotation.
02955759) have offered themselves for reappointment.
The Board hereby recommends re-appointment of all directors to the shareholders.
3. DISCLOSURES RELATED TO BOARD,COMMITTEES AND POLICIES
a. BOARD MEETINGS:
5
The Board of Directors met 15 times during the financial year ended 31st March, 2018 in accordance with the provisions of the Companies Act,
2013 and rules made thereunder.
The Company has complied with the applicable Secretarial Standards in respect of all the above Board meetings.
?
b. RISK MANAGEMENT POLICY:
The Board of Directors of the Company has designed Risk Management Policy and Guidelines to avoid events, situations or circumstances which
may lead to negative consequences on the Company's businesses, and define a structured approach to manage uncertainty and to make use of
these in their decision making pertaining to all business divisions and corporate functions. Key business risks and their mitigation are considered
in the annual/strategic business plans and in periodic management reviews.
4. AUDITORS AND REPORTS
The matters related to Auditors and their Reports are as under:
a. OBSERVATIONS OF STATUTORY AUDITORS ON ACCOUNTS FOR THE YEAR ENDED 31ST MARCH, 2018:
The observations / qualifications / disclaimers made by the Statutory Auditors in their report for the financial year ended 31st March, 2018 read
with the explanatory notes therein are self-explanatory and therefore, do not call for any further explanation or comments from the Board under
Section 134(3) of the Companies Act, 2013 except for the remarks that (i) the Company has filed a commercial suit (L) No. 280 of 2016 for
claiming damage under different head from erstwhile Director of the Company & related parties of erstwhile director before Hon. Bombay High
Court. (ii) There is a delay in payment of Interest to debenture holders during the year under review.
Reply to auditor’s Qualification:

i. The suit is pending before the Hon. Bombay High Court and it is not possible to quantify whether it will have any financial impact on
Company.
ii. Due to lack of funds the Company was unable to pay the interest due on Debentures on time. The management is in the process of taking the
adequate measures to pay the interest on time.
iii. Due to unavailability of funds; the Company has borrowed funds from Group concerns. The management is in the process of taking the
adequate measures to repay the loan.
b. STATUTORY AUDITORS:
Pursuant to the provisions of Section 139 of the Companies Act, 2013 and the Companies (Audit and Auditors) Rules, 2014, M/s Bharat K.
Kapadia & Co., Chartered Accountants, the Statutory Auditors of the Company have been appointed for a term of five and they continue to be the
Statutory Auditors of the Company.
c. REPORTING OF FRAUDS BY STATUTORY AUDITORS UNDER SECTION 143(12):
There were no incidences of reporting of frauds by Statutory Auditors of the Company under Section 143(12) of the Act read with Companies
(Accounts) Rules, 2014.
5. OTHER DISCLOSURES
Other disclosures as per provisions of Section 134 of the Act read with Companies (Accounts) Rules, 2014 are furnished as under:
a. DISCLOSURE OF ORDERS PASSED BY REGULATORS OR COURTS OR TRIBUNAL
No orders have been passed by any Regulator or Court or Tribunal which can have impact on the going concern status and the Company’s
operations in future.
b. DIRECTOR’S RESPONSIBILITY STATEMENT:
In terms of Section 134(5) of the Companies Act, 2013, in relation to the audited financial statements of the Company for the year ended 31st
March, 2018, the Board of Directors hereby confirms that:
a. in the preparation of the annual accounts, the applicable accounting standards had been followed along with proper explanation relating to
material departures;
b. such accounting policies have been selected and applied consistently and the Directors made judgments and estimates that are reasonable and
prudent so as to give a true and fair view of the state of affairs of the Company as at 31st March, 2018 and of the profit/loss of the Company for
that year;
c. proper and sufficient care was taken for the maintenance of adequate accounting records in accordance with the provisions of this Act for
safeguarding the assets of the Company and for preventing and detecting fraud and other irregularities;
d. the annual accounts of the Company have been prepared on a going concern basis;
e. proper systems have been devised to ensure compliance with the provisions of all applicable laws and that such systems were adequate and
operating effectively;
6
c. DISCLOSURE REGARDING INTERNAL COMPLAINTS COMMITTEE:
The Company has complied with the provisions relating to the constitution of Internal Complaints Committee under the Sexual Harassment of
Women at Workplace (Prevention, Prohibition and Redressal) Act, 2013.
d. DISCLOSURE UNDER SECTION 43(a)(ii) OF THE COMPANIES ACT, 2013:
The Company has not issued any shares with differential rights and hence no information as per provisions of Section 43(a)(ii) of the Act read
with Rule 4(4) of the Companies (Share Capital and Debenture) Rules, 2014 is furnished.
e. DISCLOSURE UNDER SECTION 54(1)(d) OF THE COMPANIES ACT, 2013:
The Company has not issued any sweat equity shares during the year under review and hence no information as per provisions of Section 54(1)(d)
of the Act read with Rule 8(13) of the Companies (Share Capital and Debenture) Rules, 2014 is furnished.
f. DISCLOSURE UNDER SECTION 62(1)(b) OF THE COMPANIES ACT,2013:
The Company has not issued any equity shares under Employees Stock Option Scheme during the year under review and hence no information as
per provisions of Section 62(1)(b) of the Act read with Rule 12(9) of the Companies (Share Capital and Debenture) Rules, 2014 is furnished.
g. DISCLOSURE UNDER SECTION 67(3) OF THE COMPANIES ACT,2013:
During the year under review, there were no instances of non-exercising of voting rights in respect of shares purchased directly by employees
under a scheme pursuant to Section 67(3) of the Act read with Rule 16(4) of Companies (Share Capital and Debentures) Rules, 2014.
6. ACKNOWLEDGEMENTS AND APPRECIATION:
Your Directors take this opportunity to thank the customers, shareholders, suppliers, bankers, business partners/associates, financial institutions
and Central and State Governments for their consistent support and encouragement to the Company.
For and on behalf of the Board
_________________
Atul Shamji Bharani
Managing Director
DIN: 00069419
Address: Flat No. 502, B Wing, Bldg. No. 79 of Ekta CHS. Ltd., Tilak Nagar, Chembur Mumbai 400089 MH IN
Date: 31/07/2018
Place: Mumbai ______________________
Kashyap Kanaiyalal Mehta
Director
DIN: 00069357
Address: 26/27-A- Wing Ahuja Tower, Rajabhau Desai Marg, Opp- Tata Motors, Prabhadevi Road, Mumbai- 400025
Registered Office:
Sunshine Plaza, 6th Floor, Naigaum

Cross Road, Dadar (East) Mumbai
MH 400014 IN
CIN: U45201MH2006PTC164274
Tel No. 43404900 Fax No. 43404959
Mail: mca.mgc@gmail.com
ANNEXURE I
DISCLOSURE PURSUANT TO SECTION 134(3)(m) OF THE COMPANIES ACT, 2013 READ WITH RULE 8 OF THE COMPANIES
(ACCOUNTS) RULES, 2014
(A) Conservation of energy:
Steps taken or impact on conservation of energy

The Company has not spent any substantial amount on Conservation of Energy to be disclosed here.
7
Steps taken by the company for utilizing alternate sources of energy
Capital investment on energy conservation equipments
(B) Technology absorption:
Efforts made towards technology absorption

Considering the nature of activities of the Company, there is no requirement with regard to technology absorption.
Benefits derived like product improvement, cost reduction, product development or import substitution
In case of imported technology (imported during the last three years reckoned from the beginning of the financial year):
• Details of technology imported

Nil
• Year of import Not Applicable
• Whether the technology has been fully absorbed
Not Applicable
• If not fully absorbed, areas where absorption has not taken place, and the reasons thereof
Not Applicable
Expenditure incurred on Research and Development Nil
(C) Foreign exchange earnings and Outgo:
April 01, 2017 to

March 31, 2018
[Current F.Y.] April 01, 2016 to March 31, 2017
[Previous F.Y.]
Amount in Rs. Amount in Rs.
Actual Foreign Exchange earnings
-- --
Actual Foreign Exchange outgo
-- --
_________________
Atul Shamji Bharani
Managing Director
DIN: 00069419
Address: Flat No.502, B Wing, Bldg. No. 79 of Ekta CHS. Ltd Tilak Nagar, Chembur Mumbai 400089 MH IN
Date: 31/07/2018
Place: Mumbai ______________________
Kashyap Kanaiyalal Mehta
Director
DIN: 00069357
?
ANNEXURE II
Form No. MGT-9

EXTRACT OF ANNUAL RETURN
As on financial year ended on 31st March, 2018
[Pursuant to section 92(3) of the Companies Act, 2013 and rule 12(1) of the Companies (Management and Administration) Rules, 2014]
I. REGISTRATION AND OTHER DETAILS:
CIN : U45201MH2006PTC164274
Registration Date : 01/09/2006
Name of the Company : Sunshine Housing Private Limited
Category / Sub-Category of the Company : Company limited by Shares/ Non-Government Company
Address of the Registered office and contact details : Sunshine Plaza, 6th Floor, Naigaum Cross Road, Dadar (East) Mumbai MH 400014 IN
Tel No. 43404900 Fax No. 43404959
8
Whether listed company : No

Name, Address and Contact
details of Registrar and Transfer Agent, if any: : N.A.
II. PRINCIPAL BUSINESS ACTIVITIES OF THE COMPANY
All the business activities contributing 10 % or more of the total turnover of the company shall be stated:-
Sl. No. Name and

Description of
main products/
services NIC Code of
the Product/
service % to total
turnover of the
company
1 Construction and Development 410 100%
III. PARTICULARS OF HOLDING, SUBSIDIARY AND ASSOCIATE COMPANIES
Sr.
No. Name and address of the
Company CIN / GLN Holding / subsidiary / associate % of shares held Applicable section
1 Sunshine Housing & Infrastructure Private Limited U24110MH1993PTC073592 Holding Company 51% 2(46)
I SHARE HOLDING PATTERN (Equity Share Capital Breakup as percentage of Total

Equity):
i. Category-wise Share Holding:
Category of
Shareholders No. of Shares held at the beginning of the year No. of Shares held at the end of
the year % Change during
the year
Demat Physical Total % of Total
Shares Demat Physical Total % of Total
Shares
A. Promoters
(1) Indian
a)Individual/HUF -- 47 47 0.0094
% -- 47 47 0.000094% Nil
b) Central Govt -- -- -- -- -- -- -- -- --
c) State Govt(s) -- -- -- -- -- -- -- -- --
d) Bodies Corp. -- 25,49,950 25,49,950 50.99% -- 25,49,950 25,49,950 50.99% Nil
e) Banks / FI -- -- -- -- -- -- -- -- --
f) Any other -- -- -- -- -- -- - - -
Sub-total(A)(1): -- 25,49,997 25,49,997 51% -- 25,49,997 25,49,997 51% Nil
(2) Foreign -- -- -- -- -- -- -- -- --
a) NRIs – Individuals -- -- -- -- -- -- -- -- --
b) Other – Individuals -- -- -- -- -- -- -- -- --
c) Bodies Corp. -- -- -- -- -- -- -- -- --
d) Banks / FI -- -- -- -- -- -- -- -- --
e) Any other -- -- -- -- -- -- -- -- --
Sub-total (A)(2): -- -- -- -- -- -- -- -- --
Total shareholding
of Promoter (A) =
(A)(1)+(A)(2) -- 25,49,997 25,49,997 51%% -- 25,49,997 25,49,997 51%% Nil
B. Public
Shareholding -- - -- -- -- -- -- -- --
-(1) Institutions -- -- -- -- -- -- -- -- --
a) Mutual Funds -- -- -- -- -- -- -- -- --
b) Banks / FI -- -- -- -- -- -- -- -- --
c) Central Govt -- -- -- -- -- -- -- -- --
d) State Govt(s) -- -- -- -- -- -- -- -- --
e)Venture Capital Funds -- -- -- -- -- -- -- -- --
9
f)Insurance Companies -- -- -- -- -- -- -- -- --
g) FIIs -- -- -- -- -- -- -- -- --
h)Foreign Venture Capital Funds -- -- -- -- -- -- -- -- --
i) Others (specify) -- -- -- -- -- -- -- -- --
Sub-total (B)(1): -- -- -- -- -- -- -- -- --
(2)Non-Institutions
a) Bodies Corp. -- -- -- -- -- -- -- -- --
i) Indian -- 5,65,500 5,65,500 11.31% -- 5,65,500 5,65,500 11.31% --
ii) Overseas -- -- -- -- -- -- -- -- --
b) Individuals -- -- -- -- -- -- -- -- --
i) Individual shareholders holding nominal share capital upto Rs. 1 lakh -- -- -- -- -- -- -- -- --
ii) Individual shareholders holding nominal share capital in excess of Rs 1 lakh -- 5,37,037 5,37,037 10.74% -- 5,37,037 5,37,037 10.74% --
c) Others
(LLP) -- 13,47,466 13,47,466 26.95% -- 13,47,466 13,47,466 26.95% --
Sub-total(B)(2): -- 24,50,003 24,50,003 49% -- 24,50,003 24,50,003 49% --
Total Public Shareholding (B)=(B)(1)+(B)(2) --
24,50,003
24,50,003
49% --
24,50,003
24,50,003
49% --
C. Shares held by
Custodian for
GDRs & ADRs -- -- -- -- -- -- -- -- --
Grand Total
(A+B+C) -- 50,00,000 50,00,000 100% -- 50,00,000 50,00,000 100% --
ii. SHAREHOLDING OF PROMOTERS:
Sl.
No. Shareholder’s
Name Shareholding at the beginning of the year Shareholding at the end of the
year
No. of Shares % of total Shares of the Company % of Shares Pledged/ encumbered to total shares No. of Shares % of total Shares of the Company
% of Shares Pledged / encumbered to total shares % change
in share
holding
during
the year
1. Kashyap Kanaiyalal Mehta 47 0.00094% -- 47 0.00094% -- --
2. Sunshine Housing & Infrastructure Private Limited 25,49,950 50.99% -- 25,49,950 50.99% -- --
iii. CHANGE IN PROMOTERS’ SHAREHOLDING:
There is no change in Promoters’ Shareholding during the year.
iv. SHAREHOLDING PATTERN OF TOP TEN SHAREHOLDERS (OTHER THAN DIRECTORS, PROMOTERS AND HOLDERS OF
GDRS AND ADRS):
Sl.
No.
Shareholding at the beginning of the year
Cumulative Shareholding during the year
For each of the Top 10 Shareholders No. of shares % of total shares of the Company No. of shares % of total shares of
the Company
1. Sabri Developers LLP
At the beginning of the year 13,47,466 26.95% 13,47,466 26.95%
At the end of the year 13,47,466 26.95%
2. Sabari Realty Private Limited
3. Kiran H. Bhayani
10
4. Paresh H. Bhayani
5. Jayshree A. Sheth
At the beginning of the year 84,796 1.70% 84,796 1.70%
At the end of the year
84,796 1.70%
6. Atul N. Sheth
At the end of the year 84,795 1.70%
7. Prakash M. Jain
8. Anilaben Dalal
9. Vivek C. Sanghvi
v. SHAREHOLDING OF DIRECTORS AND KEY MANAGERIAL PERSONNEL:
Sl.
No.
Shareholding at the beginning of the year Cumulative Shareholding during the year
For each of the Directors and KMP No. of shares % of total shares of the Company No. of shares % of total shares of
the Company
1. Kashyap Kanaiyalal Mehta
At the beginning of the year 47 0.00094% 47 0.00094%
Date wise Increase/ Decrease in Promoters Shareholding during the year specifying the reasons for increase/decrease There is No Change in
holding during the Year
At the End of the year 47 0.00094%
II INDEBTEDNESS:
Indebtedness of the Company including interest outstanding/accrued but not due for payment.
Secured Loans
excluding
deposits Unsecured
Loans Deposits Total
Indebtedness
Indebtedness at the beginning of
the financial year 75,10,44,300 53,89,17,092 -- 128,99,61,392
i) Principal Amount -- -- -- --
ii) Interest due but not paid -- -- -- --
iii) Interest accrued but not due -- -- -- --
Total (i+ii+iii) -- -- -- --
-- -- -- --
Change in Indebtedness during
the financial year -- -- -- --
• Addition 16,89,06,149 -- -- 16,89,06,149
• Reduction 1,91,17,401 3,17,25,971 -- 5,08,43,372
Net Change 14,97,88,748 3,17,25,971 -- 18,15,14,719
-- -- -- --
Indebtedness at the end of the financial year -- -- -- --
i) Principal Amount 90,08,33,048 50,71,91,121 -- 140,80,24,169
Total (i+ii+iii) 90,08,33,048 50,71,91,121 -- 140,80,24,169
III REMUNERATION OF DIRECTORS AND KEY MANAGERIAL PERSONNEL:
11
A. Remuneration to Managing Director, Whole-time Directors and/or Manager:
Sr.
No. Particulars of Remuneration Name of / Director
Mr. Mahesh Narayan Joglekar

Total Amount
1 Gross salary
(a) Salary as per provisions contained in section 17(1) of the Income-tax Act,
1961 16,55,496 16,55,496
(b) Value of perquisites u/s 17(2) Income-tax Act, 1961 -- --
(c) Profits in lieu of salary under section 17(3) Income-tax Act, 1961 -- --
2 Stock Option -- --
3 Sweat Equity -- --
4 Commission -- --
- as % of profit -- --
- others, specify -- --
5 Others, please specify -- --
Total (A) 16,55,496 16,55,496
Ceiling as per the Act -- --
B. REMUNERATION TO OTHER DIRECTORS:
Not Applicable
Sr.
No. Particulars of Remuneration Name of Directors Total Amount
_______ ________ ________ _________
1.Independent Directors -- -- -- -- --
• Fee for attending board / committee meetings -- -- -- -- --
• Commission -- -- -- -- --
• Others, please specify -- -- -- -- --
Total (1) -- -- -- -- --
-- -- -- -- --
2. Other Non-Executive Directors -- -- -- -- --
• Commission -- -- -- -- --
Total (2) -- -- -- -- --
Total (B)=(1+2) -- -- -- -- --
Total Managerial Remuneration -- -- -- -- --
Overall Ceiling as per the Act -- -- -- -- --
?
C. REMUNERATION TO KEY MANAGERIAL PERSONNEL OTHER THAN MD/MANAGER/WTD
Not Applicable
Sr.
No. Particulars of Remuneration Key Managerial Personnel
CEO Company
Secretary CFO Total
1 Gross salary
(a) Salary as per provisions contained in section 17(1) of the Income-tax Act, 1961 -- -- -- --
(b) Value of perquisites u/s
17(2) Income-tax Act, 1961 -- -- -- --
(c) Profits in lieu of salary under section 17(3) Income tax Act, 1961 -- -- -- --
2 Stock Option -- -- -- --
3 Sweat Equity -- -- -- --
12
4 Commission -- -- -- --
- as % of profit -- -- -- --
- others, specify -- -- -- --
5 Others, please
Specify -- -- -- --
Total -- -- -- --
IV PENALTIES / PUNISHMENT/ COMPOUNDING OF OFFENCES:
Not Applicable
Type Section of
the
Companies
Act Brief
Description Details of
Penalty /
Punishment/
Compounding
fees imposed Authority
[RD /NCLT/
COURT] Appeal made, if any
(give Details)
A. COMPANY
Penalty -- -- -- -- --
Punishment -- -- -- -- --
Compounding -- -- -- -- --
B. DIRECTORS
Penalty -- -- -- -- --
C. OTHER OFFICERS IN DEFAULT
Penalty -- -- -- -- --
__________________ ______________________
Atul Shamji Bharani
Managing Director
DIN:00069419
Address: Flat No.502, B Wing, Bldg. No. 79 of Ekta CHS. Ltd Tilak Nagar, Chembur Mumbai 400089 MH IN Kashyap Kanaiyalal Mehta
Director
DIN: 00069357
Date: 31/07/2018
Place: Mumbai
13
Particulars of loans guarantee investment under section 186 [Text Block]

Full particulars of investments, loans, guarantees and securities covered under Section 186 of the Companies Act 2013 provided during the
financial year under review has been furnished in Note 13 of the Notes to Accounts which forms part of the financials of the Company.
Particulars of contracts/arrangements with related parties under section 188(1) [Text Block]
All transactions/contracts/arrangements entered into by the Company with related party(ies) as defined under the provisions of Section 2(76) of
the Companies Act, 20'13, during the financial year under review were in ordinary course of business and on an arm's lengths basis. Further,
none of these contracts / arrangements / transactions with related parties could be considered material in nature as per the thresholds given in
Rule 15(3) of the Companies (Meetings of Board and its Powers) Rules, 2014 and hence no disclosure is required to be given in this regard.
14
Disclosure of extract of annual return as provided under section 92(3) [Text Block]
Form No. MGT-9
EXTRACT OF ANNUAL RETURN
As on financial year ended on 31st March, 2018
[Pursuant to section 92(3) of the Companies Act, 2013 and rule 12(1) of the Companies (Management and Administration) Rules, 2014]
I. REGISTRATION AND OTHER DETAILS:
CIN : U45201MH2006PTC164274
Registration Date : 01/09/2006
Name of the Company : Sunshine Housing Private Limited
Category / Sub-Category of the Company : Company limited by Shares/ Non-Government Company
Address of the Registered office and contact details : Sunshine Plaza, 6th Floor, Naigaum Cross Road, Dadar (East) Mumbai MH 400014 IN
Tel No. 43404900 Fax No. 43404959
Whether listed company : No
Name, Address and Contact
details of Registrar and Transfer Agent, if any: : N.A.
II. PRINCIPAL BUSINESS ACTIVITIES OF THE COMPANY
All the business activities contributing 10 % or more of the total turnover of the company shall be stated:-
Sl. No. Name and

Description of
main products/
services NIC Code of
the Product/
service % to total
turnover of the
company
1 Construction and Development 410 100%
III. PARTICULARS OF HOLDING, SUBSIDIARY AND ASSOCIATE COMPANIES
Sr.
No. Name and address of the
Company CIN / GLN Holding / subsidiary / associate % of shares held Applicable section
1 Sunshine Housing & Infrastructure Private Limited U24110MH1993PTC073592 Holding Company 51% 2(46)
I SHARE HOLDING PATTERN (Equity Share Capital Breakup as percentage of Total

Equity):
i. Category-wise Share Holding:
Category of
Shareholders No. of Shares held at the beginning of the year No. of Shares held at the end of
the year % Change during
the year
Demat Physical Total % of Total
Shares Demat Physical Total % of Total
Shares
A. Promoters
(1) Indian
a)Individual/HUF -- 47 47 0.0094
% -- 47 47 0.000094% Nil
b) Central Govt -- -- -- -- -- -- -- -- --
c) State Govt(s) -- -- -- -- -- -- -- -- --
d) Bodies Corp. -- 25,49,950 25,49,950 50.99% -- 25,49,950 25,49,950 50.99% Nil
e) Banks / FI -- -- -- -- -- -- -- -- --
f) Any other -- -- -- -- -- -- - - -
Sub-total(A)(1): -- 25,49,997 25,49,997 51% -- 25,49,997 25,49,997 51% Nil
15
(2) Foreign -- -- -- -- -- -- -- -- --
a) NRIs – Individuals -- -- -- -- -- -- -- -- --
b) Other – Individuals -- -- -- -- -- -- -- -- --
c) Bodies Corp. -- -- -- -- -- -- -- -- --
d) Banks / FI -- -- -- -- -- -- -- -- --
e) Any other -- -- -- -- -- -- -- -- --
Sub-total (A)(2): -- -- -- -- -- -- -- -- --
Total shareholding
of Promoter (A) =
(A)(1)+(A)(2) -- 25,49,997 25,49,997 51%% -- 25,49,997 25,49,997 51%% Nil
B. Public
Shareholding -- - -- -- -- -- -- -- --
-(1) Institutions -- -- -- -- -- -- -- -- --
a) Mutual Funds -- -- -- -- -- -- -- -- --
b) Banks / FI -- -- -- -- -- -- -- -- --
c) Central Govt -- -- -- -- -- -- -- -- --
d) State Govt(s) -- -- -- -- -- -- -- -- --
e)Venture Capital Funds -- -- -- -- -- -- -- -- --
f)Insurance Companies -- -- -- -- -- -- -- -- --
g) FIIs -- -- -- -- -- -- -- -- --
h)Foreign Venture Capital Funds -- -- -- -- -- -- -- -- --
i) Others (specify) -- -- -- -- -- -- -- -- --
Sub-total (B)(1): -- -- -- -- -- -- -- -- --
(2)Non-Institutions
a) Bodies Corp. -- -- -- -- -- -- -- -- --
i) Indian -- 5,65,500 5,65,500 11.31% -- 5,65,500 5,65,500 11.31% --
ii) Overseas -- -- -- -- -- -- -- -- --
b) Individuals -- -- -- -- -- -- -- -- --
i) Individual shareholders holding nominal share capital upto Rs. 1 lakh -- -- -- -- -- -- -- -- --
ii) Individual shareholders holding nominal share capital in excess of Rs 1 lakh -- 5,37,037 5,37,037 10.74% -- 5,37,037 5,37,037 10.74% --
c) Others
(LLP) -- 13,47,466 13,47,466 26.95% -- 13,47,466 13,47,466 26.95% --
Sub-total(B)(2): -- 24,50,003 24,50,003 49% -- 24,50,003 24,50,003 49% --
Total Public Shareholding (B)=(B)(1)+(B)(2) --
24,50,003
24,50,003
49% --
24,50,003
24,50,003
49% --
C. Shares held by
Custodian for
GDRs & ADRs -- -- -- -- -- -- -- -- --
Grand Total
(A+B+C) -- 50,00,000 50,00,000 100% -- 50,00,000 50,00,000 100% --
ii. SHAREHOLDING OF PROMOTERS:
Sl.
No. Shareholder’s
Name Shareholding at the beginning of the year Shareholding at the end of the
year
No. of Shares % of total Shares of the Company % of Shares Pledged/ encumbered to total shares No. of Shares % of total Shares of the Company
% of Shares Pledged / encumbered to total shares % change
in share
holding
during
the year
1. Kashyap Kanaiyalal Mehta 47 0.00094% -- 47 0.00094% -- --
2. Sunshine Housing & Infrastructure Private Limited 25,49,950 50.99% -- 25,49,950 50.99% -- --
iii. CHANGE IN PROMOTERS’ SHAREHOLDING:
There is no change in Promoters’ Shareholding during the year.
16
iv. SHAREHOLDING PATTERN OF TOP TEN SHAREHOLDERS (OTHER THAN DIRECTORS, PROMOTERS AND HOLDERS OF
GDRS AND ADRS):
Sl.
No.
Shareholding at the beginning of the year
Cumulative Shareholding during the year
For each of the Top 10 Shareholders No. of shares % of total shares of the Company No. of shares % of total shares of
the Company
1. Sabri Developers LLP
2. Sabari Realty Private Limited
3. Kiran H. Bhayani
4. Paresh H. Bhayani
5. Jayshree A. Sheth
At the end of the year
84,796 1.70%
6. Atul N. Sheth
7. Prakash M. Jain
8. Anilaben Dalal
9. Vivek C. Sanghvi
v. SHAREHOLDING OF DIRECTORS AND KEY MANAGERIAL PERSONNEL:
Sl.
No.
Shareholding at the beginning of the year Cumulative Shareholding during the year
For each of the Directors and KMP No. of shares % of total shares of the Company No. of shares % of total shares of
the Company
1. Kashyap Kanaiyalal Mehta
At the beginning of the year 47 0.00094% 47 0.00094%
Date wise Increase/ Decrease in Promoters Shareholding during the year specifying the reasons for increase/decrease There is No Change in
holding during the Year
At the End of the year 47 0.00094%
II INDEBTEDNESS:
Indebtedness of the Company including interest outstanding/accrued but not due for payment.
Secured Loans
excluding
deposits Unsecured
Loans Deposits Total
Indebtedness
Indebtedness at the beginning of
the financial year 75,10,44,300 53,89,17,092 -- 128,99,61,392
i) Principal Amount -- -- -- --
17
Total (i+ii+iii) -- -- -- --
-- -- -- --
Change in Indebtedness during
the financial year -- -- -- --
• Addition 16,89,06,149 -- -- 16,89,06,149
• Reduction 1,91,17,401 3,17,25,971 -- 5,08,43,372
Net Change 14,97,88,748 3,17,25,971 -- 18,15,14,719
-- -- -- --
Indebtedness at the end of the financial year -- -- -- --
i) Principal Amount 90,08,33,048 50,71,91,121 -- 140,80,24,169
Total (i+ii+iii) 90,08,33,048 50,71,91,121 -- 140,80,24,169
III REMUNERATION OF DIRECTORS AND KEY MANAGERIAL PERSONNEL:
A. Remuneration to Managing Director, Whole-time Directors and/or Manager:
Sr.
No. Particulars of Remuneration Name of / Director
Mr. Mahesh Narayan Joglekar

Total Amount
1 Gross salary
(a) Salary as per provisions contained in section 17(1) of the Income-tax Act,
1961 16,55,496 16,55,496
(b) Value of perquisites u/s 17(2) Income-tax Act, 1961 -- --
(c) Profits in lieu of salary under section 17(3) Income-tax Act, 1961 -- --
2 Stock Option -- --
3 Sweat Equity -- --
4 Commission -- --
- as % of profit -- --
- others, specify -- --
5 Others, please specify -- --
Total (A) 16,55,496 16,55,496
Ceiling as per the Act -- --
B. REMUNERATION TO OTHER DIRECTORS:
Not Applicable
Sr.
No. Particulars of Remuneration Name of Directors Total Amount
_______ ________ ________ _________
1.Independent Directors -- -- -- -- --
• Commission -- -- -- -- --
Total (1) -- -- -- -- --
-- -- -- -- --
2. Other Non-Executive Directors -- -- -- -- --
• Commission -- -- -- -- --
Total (2) -- -- -- -- --
18
Total (B)=(1+2) -- -- -- -- --
Total Managerial Remuneration -- -- -- -- --
Overall Ceiling as per the Act -- -- -- -- --
?
C. REMUNERATION TO KEY MANAGERIAL PERSONNEL OTHER THAN MD/MANAGER/WTD
Not Applicable
Sr.
No. Particulars of Remuneration Key Managerial Personnel
CEO Company
Secretary CFO Total
1 Gross salary
(a) Salary as per provisions contained in section 17(1) of the Income-tax Act, 1961 -- -- -- --
(b) Value of perquisites u/s
17(2) Income-tax Act, 1961 -- -- -- --
(c) Profits in lieu of salary under section 17(3) Income tax Act, 1961 -- -- -- --
2 Stock Option -- -- -- --
3 Sweat Equity -- -- -- --
4 Commission -- -- -- --
- as % of profit -- -- -- --
- others, specify -- -- -- --
5 Others, please
Specify -- -- -- --
Total -- -- -- --
IV PENALTIES / PUNISHMENT/ COMPOUNDING OF OFFENCES:
Not Applicable
Type Section of
the
Companies
Act Brief
Description Details of
Penalty /
Punishment/
Compounding
fees imposed Authority
[RD /NCLT/
COURT] Appeal made, if any
(give Details)
A. COMPANY
Penalty -- -- -- -- --
B. DIRECTORS
Penalty -- -- -- -- --
C. OTHER OFFICERS IN DEFAULT
Penalty -- -- -- -- --
19
__________________ ______________________
Atul Shamji Bharani
Managing Director
DIN:00069419
Address: Flat No.502, B Wing, Bldg. No. 79 of Ekta CHS. Ltd Tilak Nagar, Chembur Mumbai 400089 MH IN Kashyap Kanaiyalal Mehta
Director
DIN: 00069357
Date: 31/07/2018
Place: Mumbai
Disclosure for companies covered under section 178(1) on directors appointment and remuneration including other
matters provided under section 178(3) [Text Block]
A.Remuneration to Managing Director, Whole-time Directors and/or Manager: Not Applicable. Sl. No.Particulars of RemunerationName of MD/
WTD/ ManagerTotal Amount Mr. Mahesh Narayan Joglekar1Gross salary(a) Salary as per provisions contained in section 17(1) of the Incometax
Act, 196117,75,496-------- (b) Value of perquisites u/s 17(2) Income-tax Act, 1961---------- (c) Profits in lieu of salary under section 17(3)
Incometax
Act, 1961---------- 2Stock Option---------- 3Sweat Equity---------- 4Commission- as % of profit---------- - others, specify---------- 5Others, please
specify---------- Total (A)17,75,496-------- Ceiling as per the Act----------
Disclosure of statement on development and implementation of risk management policy [Text Block]
RISK MANAGEMENT POLICY: The Board of Directors of the Company has designed Risk Management Policy and Guidelines to avoid
events,
situations or circumstances which may lead to negative consequences on the Company's businesses, and define a structured approach to
manage uncertainty and to make use of these in their decision making pertaining to all business divisions and corporate functions. Key business
risks and their mitigation are considered in the annual/strategic business plans and in periodic management reviews.
Disclosure of financial summary or highlights [Text Block]

The Company's performance during the year ended 31st March, 2018 as compared to the previous financial year, is summarized below:
Particulars
For the financial For the financial
year ended year ended
31st March, 2018 31st March, 2017
Income 33,68,10,441 47,58,75,010

Less: Expenses 32,87,99,512 45,27,16,188
Profit/ (Loss) before tax 80,10,929 2,31,58,822
Less: Provision for tax
Income Tax of Current year 22,00,000 18,00,000
Income Tax of earlier years w/off -- 79,03,385
Deferred Tax 395 (5,703)
Exception Income -- --
Exception expenditure -- --
Profit after Tax 58,10,534 1,34,61,140
APPROPRIATION
Interim Dividend -- --
Final Dividend -- --
Tax on distribution of dividend -- --
Transfer of General Reserve -- --
Balance carried to Balance sheet 58,10,534 1,34,61,140
20
Details of directors or key managerial personnels who were appointed or have resigned during year [Text Block]
02955759) are liable to retire by rotation.
02955759) have offered themselves for reappointment.
The Board hereby recommends re-appointment of all directors to the shareholders.
Details relating to deposits covered under chapter v of companies act [Text Block]
The Company has not accepted or renewed any amount falling within the purview of provisions of Section 73 of the Companies Act, 2013 (“the
Act”) read with the Companies (Acceptance of Deposit) Rules, 2014 during the year under review. Hence, the requirement for furnishing of
details relating to deposits covered under Chapter V of the Act or the details of deposits which are not in compliance with the Chapter V of the
Act is not applicable.
[400200] Disclosures - Auditors report
Details regarding auditors [Table] ..(1)

Auditors [Axis] Auditors1
01/04/2017
to
31/03/2018
Details regarding auditors [Abstract]
Details regarding auditors [LineItems]
Category of auditor Individual
BHARAT K KAPADIA &
Name of audit firm CO
KAPADIA BHARAT
Name of auditor signing report KRISHNADAS
Firms registration number of audit firm 101222W
Membership number of auditor 042699
E 1004, SHREE KRISHNA
COMPLEX D AND E CHS
LTD, WESTERN
Address of auditors EXPRESS HIGHWAY,
OPP NATIONAL PARK,
MUMABI,
MAHARASHTRA-400066.
Permanent account number of auditor or auditor's firm AACPK2773Q
SRN of form ADT-1 C25924325
Date of signing audit report by auditors 31/07/2018
Date of signing of balance sheet by auditors 31/07/2018
21
Disclosure of auditor's qualification(s), reservation(s) or adverse remark(s) in auditors' report [Table] ..(1)
Auditor's
Auditor's qualification(s), reservation(s) or adverse remark(s) in auditors' report [Axis] favourable remark
[Member]
01/04/2017
to
31/03/2018
Disclosure of auditor's qualification(s), reservation(s) or adverse remark(s) in auditors' report [Abstract]
Disclosure of auditor's qualification(s), reservation(s) or adverse remark(s) in auditors' report
[LineItems]
Disclosure in auditors report relating to fixed assets FAVOURABLE
Disclosure relating to quantitative details of fixed assets FAVOURABLE
Disclosure relating to physical verification and material discrepancies of fixed assets FAVOURABLE
Disclosure relating to title deeds of immovable properties NOT APPLICABLE
Disclosure in auditors report relating to inventories FAVOURABLE
Disclosure in auditors report relating to loans FAVOURABLE
Disclosure about loans granted to parties covered under section 189 of companies act NOT APPLICABLE
Disclosure relating to terms and conditions of loans granted FAVOURABLE
Disclosure regarding receipt of loans granted FAVOURABLE
Disclosure regarding terms of recovery of loans granted FAVOURABLE
Disclosure in auditors report relating to compliance with Section 185 and 186 of Companies Act, 2013 FAVOURABLE
Disclosure in auditors report relating to deposits accepted NOT APPLICABLE
Disclosure in auditors report relating to maintenance of cost records NOT APPLICABLE
Textual information
Disclosure in auditors report relating to statutory dues [TextBlock] (10) [See below]
Disclosure in auditors report relating to default in repayment of financial dues FAVOURABLE
Disclosure in auditors report relating to public offer and term loans used for purpose for which
NOT APPLICABLE
those were raised
Disclosure in auditors report relating to fraud by the company or on the company by its officers
NOT APPLICABLE
or its employees reported during period
Disclosure in auditors report relating to managerial remuneration FAVOURABLE
Disclosure in auditors report relating to Nidhi Company NOT APPLICABLE
Disclosure in auditors report relating to transactions with related parties FAVOURABLE
Disclosure in auditors report relating to preferential allotment or private placement of shares or
FAVOURABLE
convertible debentures
Disclosure in auditors report relating to non-cash transactions with directors or persons connected
NOT APPLICABLE
with him
Disclosure in auditors report relating to registration under section 45-IA of Reserve Bank of India
NOT APPLICABLE
Act, 1934

01/04/2017
to
31/03/2018
Disclosure in auditor’s report explanatory [TextBlock] [See below]
Whether companies auditors report order is applicable on company Yes
Whether auditors' report has been qualified or has any reservations or
No
contains adverse remarks
Disclosure in auditors report relating to statutory dues [Text Block]

According to the information & explanation given to us, in respect of Statutory Dues : (a)The Company is generally regular in depositing
undisputed statutory dues including Provident Fund, Income Tax, Sales Tax, Service Tax, Value Added Tax with appropriate authorities. Further
we are informed Custom Duty, Excise Duty, Cess and any other statutory dues are not applicable to the company (b)There were no arrears in
respect of Provident Fund, Sales Tax, Service Tax & Income Tax as at 31st March, 2017 for a period of more than six months from the date they
become payable.
22
Disclosure in auditor’s report explanatory [Text Block]

INDEPENDENT AUDITOR’S REPORT
To the Members of SUNSHINE HOUSING PRIVATE LIMITED

Report on the Financial Statements
We have audited the accompanying financial statements of SUNSHINE HOUSING PRIVATE LIMITED (“the Company”), which comprise the
Balance Sheet as at March 31, 2018, and the Statement of Profit and Loss and Cash Flow Statement for the year then ended, and a summary of
significant accounting policies and other explanatory information.
Management’s Responsibility for the Financial Statements

The Company’s Board of Directors is responsible for the matters stated in Section 134(5) of the Companies Act, 2013 (“the Act”) with respect to
the preparation of these financial statements that give a true and fair view of the financial position, financial performance and cash flows of the
Company in accordance with the accounting principles generally accepted in India including the Accounting Standards specified under Section
133 of the Act, read with Rule 7 of the Companies (Accounts) Rules, 2014. This responsibility also includes maintenance of adequate accounting
records in accordance with the provisions of the Act for safeguarding the assets of the Company and for preventing and detecting frauds and other
irregularities; selection and application of appropriate accounting policies; making judgments and estimates that are reasonable and prudent; and
design, implementation and maintenance of adequate internal financial controls, that were operating effectively for ensuring the accuracy and
completeness of the accounting records, relevant to the preparation and presentation of the financial statements that give a true and fair view and
are free from material misstatement, whether due to fraud or error.
Auditor’s Responsibility
Our responsibility is to express an opinion on these financial statements based on our audit.
We have taken into account the provisions of the Act, the accounting and auditing standards and matters which are required to be included in the
audit report under the provisions of the Act and the Rules made thereunder.
We conducted our audit in accordance with the Standards on Auditing specified under Section 143(10) of the Act. Those Standards require that
we comply with ethical requirements and plan and perform the audit to obtain reasonable assurance about whether the financial statements are
free from material misstatement.
An audit involves performing procedures to obtain audit evidence about the amounts and disclosures in the financial statements. The procedures
selected depend on the auditor’s judgment, including the assessment of the risks of material misstatement of the financial statements, 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 that give a true and fair view in order to design audit procedures that are appropriate in the circumstances, but not for the
purpose of expressing an opinion on whether the Company has in place an adequate internal financial controls system over financial reporting and
the operating effectiveness of such controls. An audit also includes evaluating the appropriateness of accounting policies used and the
reasonableness of the accounting estimates made by the Company’s directors, as well as evaluating the overall presentation of the financial
statements.
We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinion on the financial
statements.
Opinion
In our opinion and to the best of our information and according to the explanations given to us, the aforesaid financial statements give the
information required by the Act in the manner so required and give a true and fair view in conformity with the accounting principles generally
accepted in India, of the state of affairs of the Company as at March 31, 2018, and its profit and its cash flows for the year ended on that date.
Report on Other Legal and Regulatory Requirements
1. As required by the Companies (Auditor’s Report) Order, 2016 (“the Order”) issued by the Central Government of India in terms of sub-section
(11) of section 143 of the Act, we give in the “Annexure A” a statement on the matters specified in paragraphs 3 and 4 of the Order, to the extent
applicable.
2. As required by section 143(3) of the Act, we report that:

(a) We have sought and obtained all the information and explanations which to the best of our knowledge and belief were necessary for the
purpose of our audit;
(b) In our opinion proper books of account as required by law have been kept by the Company so far as appears from our examination of those
books.
(c) The Balance Sheet, Statement of Profit and Loss, and Cash Flow Statement dealt with by this Report are in agreement with the books of
account.
(d) In our opinion, the Balance Sheet, Statement of Profit and Loss, and Cash Flow Statement comply with the Accounting Standards specified
under Section 133 of the Act, read with Rule 7 of the Companies (Accounts) Rules, 2014;
23
(e) On the basis of written representations received from the directors as on March 31, 2018, and taken on record by the Board of Directors, none
of the directors is disqualified as on March 31, 2018, from being appointed as a director in terms of Section 164(2) of the Act.
(f) With respect to the adequacy of the internal financial control over financial reporting of the company and the operating effectiveness of such
controls, refer to our separate report in “Annexure B”
(g) With respect to the other matters to be included in the Auditors Report in accordance with rule 11 of the Companies (Audit and Auditors)
Rules, 2014 in our opinion and to the best of our information and according to the explanations given to us:
i. The company does not have any pending litigations which would impact its financial position, except as refer to Note No. 30 of the Financial
Statements.
ii. The company did not have any long term contracts including derivative contracts for which there were any material foreseeable losses.
iii. There were no amounts which were required to be transferred to the investor education and protection fund by the company.
FOR BHARAT K. KAPADIA & CO. BHARAT K. KAPADIA & CO.

CHARTERED ACCOUNTANTS E 1004, SHREE KRISHNA COMPLEX D & E CHS LTD,
ICAI Firm Regn. No.: 101222W Opp. NATIONAL PARK,
WESTERN EXPRESS HIGHWAY,
BORIVALI (EAST),
MUMBAI – 400066
(BHARAT K. KAPADIA)
PROPRIETOR
M.NO. : 042699
PLACE : MUMBAI.
DATE : 31/07/2018
ANNEXURE A TO INDEPENDENT AUDITOR’S REPORT
(Referred to paragraph 1 under the heading of “Report on Other Legal and Regulatory Requirements” of our report of even date to the members
of Sunshine Housing Private Limited on the financial statements for the year ended 31stMarch, 2018)
i) a. The company is maintaining proper records showing full particulars, including quantitative details and situation of fixed assets on the basis of
available information.
b. According to the information and explanation given to us, the fixed assets have been physically verified by the management at regular intervals
and no material discrepancies were noticed on such verification.
c. According to information & explanation given to us ,the company does not have any immovable property.
ii) Inventory comprises of Work-in-progress. According to the information and explanations given to us, keeping in view the nature of the
operations of the company, inventory of work-in-progress cannot be physically verified.
iii) According to information & explanation given to us, the company has not granted any loans, secured / unsecured to companies, firms, Limited
Liability Partnership or other parties covered in the register maintained under Section 189 of the Companies Act, 2013.
iv) According to the information & explanation given to us, the Company has compiled with Provisions of Section 185 and 186 of the Companies
Act, 2013 in respect of loans, investments, guarantees and security. However the Company has not complied with Provisions of Section 185 &
Section 186 of the Companies Act, 2013 in respect of Loans taken & Loans Given.
v) The company had not accepted any deposit from the public.
vi) According to information & Explanation given to us, the cost records prescribed by the Central Govt. under Sub-section (1) of section 148 of
the Companies Act are not applicable to the company.
vii) According to the information & explanation given to us, in respect of Statutory Dues :
(a) The Company is generally regular in depositing undisputed statutory dues including Provident Fund, Income Tax, Sales Tax, Goods & Service
Tax, Service Tax, Value Added Tax with appropriate authorities. Further we are informed Custom Duty, Excise Duty, Cess and any other
statutory dues are not applicable to the company
(b) There were no arrears in respect of Provident Fund, Goods & Service Tax, Sales Tax, Service Tax & Income Tax as at 31st March, 2018 for a
period of more than six months from the date they become payable.
24
viii) In our opinion and according to the information & explanations given to us, the company has not defaulted in repayment of loans or
borrowings to financial institutions, banks. However there is a delay in payment of Interest to debenture holders during the year under review.
ix) The Company is Private Limited Company and has not raised any money through a public issue.
x) Based upon the audit procedures performed and information and explanation given to us, we report that no fraud by the company or on the
company by its officers or employees has been noticed or reported during the year.
xi) Section 197 of the act does not apply to the company, being a private limited company. Accordingly, paragraph 3(xi) of the Order is not
applicable.
xii) The Company is not a Nidhi Company. Accordingly, paragraph 3(xii) of the order is not applicable.
xiii) Transactions with related parties are in compliance with sections 177 and 188 of the Act where applicable and details of such transactions
have been disclosed in the financial statements as required by the applicable accounting standards.
xiv) The Company has not made preferential allotment or Private placement of shares or fully or partly convertible Debentures during the year
under review.
xv) The Company has not entered into any non cash transactions with Directors or persons connected with him. Accordingly, paragraph 3(xv) of
the Order is not applicable.
xvi) According to the information & explanation given to us, the Company is not required to be registered under section 45-IA of the Reserve
Bank of India Act, 1934

BORIVALI (EAST),
MUMBAI – 400066
(BHARAT K. KAPADIA)
PROPRIETOR
M.NO. : 042699
PLACE : MUMBAI.
DATE : 31/07/2018
ANNEXURE B TO INDEPENDENT AUDITOR’S REPORT
(Referred to paragraph 2 (f) under the heading of “Report on Other Legal and Regulatory Requirements” of our report of even date to the
members of Sunshine Housing Private Limited on the financial statements for the year ended 31stMarch, 2018)
Report on the Internal Financial Controls under Clause (i) of Sub-section 3 of Section 143 of the Companies Act, 2013 (“the Act”)
We have audited the internal financial controls over financial reporting of Sunshine Housing Private Limited ('the Company') as of 31st March,
2018 in conjunction with our audit of the financial statements of the Company for the year ended on that date.
Management’s Responsibility for Internal Financial Controls

The Company’s management is responsible for establishing and maintaining internal financial controls based on the internal control stated in the
guidance note on Audit of Internal Financial Control over Financial Reporting issued by the Institute of Chartered Accountants of India (‘ICAI’).
These responsibilities include the design, implementation and maintenance of adequate internal financial controls that were operating effectively
for ensuring the orderly and efficient conduct of its business, including adherence to company’s policies, the safeguarding of its assets, the
prevention and detection of frauds and errors, the accuracy and completeness of the accounting records, and the timely preparation of reliable
financial information, as required under the Companies Act, 2013.
Auditors’ Responsibility
Our responsibility is to express an opinion on the Company's internal financial controls over financial reporting based on our audit. We conducted
our audit in accordance with the Guidance Note on Audit of Internal Financial Controls Over Financial Reporting (the “Guidance Note”) and the
Standards on Auditing, issued by ICAI and deemed to be prescribed under section 143(10) of the Companies Act, 2013, to the extent applicable to
an audit of internal financial controls, both applicable to an audit of Internal Financial Controls and, both issued by the Institute of Chartered
Accountants of India. Those Standards and the Guidance Note require that we comply with ethical requirements and plan and perform the audit to
obtain reasonable assurance about whether adequate internal financial controls over financial reporting was established and maintained and if
such controls operated effectively in all material respects.
Our audit involves performing procedures to obtain audit evidence about the adequacy of the internal financial controls system over financial
reporting and their operating effectiveness. Our audit of internal financial controls over financial reporting included obtaining an understanding of
internal financial controls over financial reporting, assessing the risk that a material weakness exists, and testing and evaluating the design and
25
operating effectiveness of internal control based on the assessed risk. The procedures selected depend on the auditor’s judgment, including the
assessment of the risks of material misstatement of the financial statements, whether due to fraud or error.
We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinion on the Company’s
internal financial controls system over financial reporting.
Meaning of Internal Financial Controls Over Financial Reporting

A company's internal financial control over financial reporting is a process designed to provide reasonable assurance regarding the reliability of
financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles.
A company's internal financial control over financial reporting includes those policies and procedures that :
(1) pertain to the maintenance of records that, in reasonable detail, accurately and fairly reflect the transactions and dispositions of the assets of
the company;
(2)provide reasonable assurance that transactions are recorded as necessary to permit preparation of financial statements in accordance with
generally accepted accounting principles, and that receipts and expenditures of the company are being made only in accordance with
authorisations of management and directors of the company; and
(3)provide reasonable assurance regarding prevention or timely detection of unauthorized acquisition, use, or disposition of the company's assets
that could have a material effect on the financial statements.
Inherent Limitations of Internal Financial Control over Financial Reporting

Because of the inherent limitations of internal financial controls over financial reporting, including the possibility of collusion or improper
management override of controls, material misstatements due to error or fraud may occur and not be detected. Also, projections of any evaluation
of the internal financial control over financial reporting may become inadequate because of changes in conditions, or that the degree of
compliance with the policies or procedures may deteriorate.
Opinion
In our opinion, the Company has, in all material respects, an adequate internal financial controls system over financial reporting and such internal
financial controls over financial reporting were operating effectively as at 31st March ,2018, based on the internal control over financial reporting
criteria established by the company considering the essential components of internal control stated in the Guidance Note on Audit of Internal
Financial Controls over Financial Reporting issued by the Institute of Chartered Accountants of India.

BORIVALI (EAST),
MUMBAI – 400066
(BHARAT K. KAPADIA)
PROPRIETOR
M.NO. : 042699
PLACE : MUMBAI.
DATE : 31/07/2018
[400500] Disclosures - Secretarial audit report

01/04/2017
to
31/03/2018
Disclosure in secretarial audit report explanatory [TextBlock]
Whether secretarial audit report is applicable on company No
26
[100100] Balance sheet

31/03/2018 31/03/2017
Balance sheet [Abstract]
Equity and liabilities [Abstract]
Shareholders' funds [Abstract]
Share capital 5,00,30,000 5,00,30,000
Reserves and surplus 7,29,35,290 6,71,24,756
Total shareholders' funds 12,29,65,290 11,71,54,756
Share application money pending allotment 0 0
Non-current liabilities [Abstract]
Long-term borrowings 110,60,71,122 77,91,08,444
Deferred tax liabilities (net) 15,066 14,671
Other long-term liabilities 0 0
Long-term provisions 1,09,872 2,82,228
Total non-current liabilities 110,61,96,060 77,94,05,343
Current liabilities [Abstract]
Short-term borrowings 30,19,53,047 32,33,52,948
Trade payables 4,21,81,997 2,07,86,467
Other current liabilities 13,55,34,596 34,09,37,621
Short-term provisions 7,18,079 40,51,687
Total current liabilities 48,03,87,719 68,91,28,723
Total equity and liabilities 170,95,49,069 158,56,88,822
Assets [Abstract]
Non-current assets [Abstract]
Fixed assets [Abstract]
Tangible assets 9 9
Intangible assets 0 0
Total fixed assets 9 9
Non-current investments 10,010 10,010
Long-term loans and advances 39,42,49,706 22,79,77,778
Other non-current assets 0 61,770
Total non-current assets 39,42,59,725 22,80,49,567
Current assets [Abstract]
Current investments 0 0
Inventories 75,43,28,616 81,94,70,993
Trade receivables 55,08,01,446 48,76,66,449
Cash and bank balances 87,26,240 4,91,89,511
Short-term loans and advances 10,32,399 9,15,935
Other current assets 4,00,643 3,96,367
Total current assets 131,52,89,344 135,76,39,255
Total assets 170,95,49,069 158,56,88,822
27
[400300] Disclosures - Signatories of financial statements
Details of directors signing financial statements [Table] ..(1)

Directors signing financial statements [Axis] DirectorssigningFS1 DirectorssigningFS2
01/04/2017 01/04/2017
to to
31/03/2018 31/03/2018
Details of signatories of financial statements [Abstract]
Details of directors signing financial statements [Abstract]
Details of directors signing financial statements [LineItems]
Name of director signing financial statements [Abstract]
First name of director Kashyap Atul
Middle name of director Kanaiyalal Shamji
Last name of director Mehta Bharani
Designation of director Managing Director Director
Director identification number of director 00069357 00069419
Date of signing of financial statements by director 31/07/2018 31/07/2018
28
[100400] Cash flow statement, indirect

01/04/2017 01/04/2016
to to 31/03/2016
31/03/2018 31/03/2017
Statement of cash flows [Abstract]
Whether cash flow statement is applicable on company Yes Yes
Cash flows from used in operating activities [Abstract]
Profit before extraordinary items and tax 80,10,929 2,31,58,822
Adjustments for reconcile profit (loss) [Abstract]
Adjustments to profit (loss) [Abstract]
Adjustments for depreciation and amortisation expense 0 23,326
Other adjustments for which cash effects are investing or
13,15,75,448 16,03,56,477
financing cash flow
Other adjustments for non-cash items 80,646 80,646
Total adjustments to profit (loss) 13,16,56,094 16,04,60,449
Adjustments for working capital [Abstract]
Adjustments for decrease (increase) in inventories 6,51,42,377 7,15,88,531
Adjustments for decrease (increase) in trade receivables -6,31,34,997 -13,95,94,708
Adjustments for decrease (increase) in other current assets -16,64,11,544 -3,77,47,685
Adjustments for increase (decrease) in trade payables 2,13,95,530 -4,61,12,243
Adjustments for increase (decrease) in other current liabilities -20,89,21,442 16,40,50,860
Total adjustments for working capital -35,19,30,076 1,21,84,755
Total adjustments for reconcile profit (loss) -22,02,73,982 17,26,45,204
Net cash flows from (used in) operations -21,22,63,053 19,58,04,026
Income taxes paid (refund) 21,87,547 72,30,042
Net cash flows from (used in) operating activities before extraordinary
-21,44,50,600 18,85,73,984
items
Net cash flows from (used in) operating activities -21,44,50,600 18,85,73,984
Cash flows from used in investing activities [Abstract]
Interest received 24,57,843 19,47,264
Net cash flows from (used in) investing activities before extraordinary
24,57,843 19,47,264
items
Net cash flows from (used in) investing activities 24,57,843 19,47,264
Cash flows from used in financing activities [Abstract]
Proceeds from borrowings 33,50,06,248 -3,21,76,736
Repayments of borrowings 2,94,43,471 90,65,233
Interest paid 13,40,33,291 16,23,03,741
Net cash flows from (used in) financing activities before extraordinary
17,15,29,486 -20,35,45,710
items
Net cash flows from (used in) financing activities 17,15,29,486 -20,35,45,710
Net increase (decrease) in cash and cash equivalents before effect of
-4,04,63,271 -1,30,24,462
exchange rate changes
Net increase (decrease) in cash and cash equivalents -4,04,63,271 -1,30,24,462
Cash and cash equivalents cash flow statement at end of period 87,26,240 4,91,89,511 6,22,13,973
29
[200100] Notes - Share capital
Disclosure of shareholding more than five per cent in company [Table] ..(1)
Classes of share capital [Axis] Equity shares 1 [Member]
Name of shareholder [Axis] Shareholder 1 [Member] Shareholder 2 [Member]
01/04/2017 01/04/2016 01/04/2017 01/04/2016
to to to to
31/03/2018 31/03/2017 31/03/2018 31/03/2017
Disclosure of shareholding more than five per cent in
company [Abstract]
Disclosure of shareholding more than five per cent
in company [LineItems]
Type of share EQUITY SHARES Equity Shares EQUITY SHARES Equity Shares
Sunshine Housing & Sunshine Housing &
Sabri Developers Sabri Developers
Name of shareholder Infrastructure Private Infrastructure Private
LLP LLP
Limited Limited
CIN of shareholder U24110MH1993PTC073592 U24110MH1993PTC073592
PAN of shareholder AAHCS9380H AAHCS9380H AAYFS9056N AAYFS9056N
Country of incorporation or residence of
INDIA INDIA INDIA INDIA
shareholder
Number of shares held in company [shares] 25,49,950 [shares] 25,49,950 [shares] 13,47,466 [shares] 13,47,466
Percentage of shareholding in company 51.00% 51.00% 26.95% 26.95%
Classes of share capital [Axis] Equity shares 1 [Member] Preference shares 1 [Member]
01/04/2017 01/04/2016 01/04/2017 01/04/2016
to to to to
31/03/2018 31/03/2017 31/03/2018 31/03/2017
company [Abstract]
PREFERENCE
Type of share EQUITY SHARES Equity Shares
SHARES
Preference Shares
Name of shareholder Sabri Realty Pvt. Ltd. Sabri Realty Pvt. Ltd. Kashyap Mehta Kashyap Mehta
CIN of shareholder U70102MH2007PTC174517 U70102MH2007PTC174517
PAN of shareholder AALCS1892A AAFPM4290H AAFPM4290H
shareholder
Number of shares held in company [shares] 5,65,500 [shares] 5,65,500 [shares] 1,000 [shares] 1,000
30
Classes of share capital [Axis] Preference shares 1 [Member]
01/04/2017 01/04/2016 01/04/2017 01/04/2016
to to to to
31/03/2018 31/03/2017 31/03/2018 31/03/2017
company [Abstract]
PREFERENCE PREFERENCE
Type of share SHARES
Preference Shares
SHARES
Preference Shares
Name of shareholder Atul Bharani Atul Bharani Pratik Vira Pratik Vira
PAN of shareholder AAAPB7262M AAAPB7262M ADBPV8590Q ADBPV8590Q
shareholder
Number of shares held in company [shares] 1,000 [shares] 1,000 [shares] 1,000 [shares] 1,000
31
Disclosure of classes of share capital [Table] ..(1)

Classes of share capital [Axis] Share capital [Member] Equity shares [Member]
01/04/2017 01/04/2016 01/04/2017 01/04/2016
to to to to
31/03/2018 31/03/2017 31/03/2018 31/03/2017
Disclosure of classes of share capital [Abstract]
Disclosure of classes of share capital [LineItems]
Number of shares authorised [shares] 1,00,00,000 [shares] 1,00,00,000 [shares] 80,00,000 [shares] 80,00,000
Value of shares authorised 10,00,00,000 10,00,00,000 8,00,00,000 8,00,00,000
Number of shares issued [shares] 50,03,000 [shares] 50,03,000 [shares] 50,00,000 [shares] 50,00,000
Value of shares issued 5,00,30,000 5,00,30,000 5,00,00,000 5,00,00,000
Number of shares subscribed and fully paid [shares] 50,03,000 [shares] 50,03,000 [shares] 50,00,000 [shares] 50,00,000
Value of shares subscribed and fully paid 5,00,30,000 5,00,30,000 5,00,00,000 5,00,00,000
Number of shares subscribed but not fully paid [shares] 0 [shares] 0 [shares] 0 [shares] 0
Value of shares subscribed but not fully paid 0 0 0 0
Total number of shares subscribed [shares] 50,03,000 [shares] 50,03,000 [shares] 50,00,000 [shares] 50,00,000
Total value of shares subscribed 5,00,30,000 5,00,30,000 5,00,00,000 5,00,00,000
Value of shares paid-up [Abstract]
Number of shares paid-up [shares] 50,03,000 [shares] 50,03,000 [shares] 50,00,000 [shares] 50,00,000
Value of shares called 5,00,30,000 5,00,30,000 5,00,00,000 5,00,00,000
Value of shares paid-up 5,00,30,000 5,00,30,000 5,00,00,000 5,00,00,000
Reconciliation of number of shares outstanding
[Abstract]
Changes in number of shares outstanding
[Abstract]
Increase in number of shares outstanding
[Abstract]
Number of shares issued as preferential
allotment arising out of conversion of
[shares] 21,40,000 [shares] 8,93,000
debentures preference shares during
period
Total aggregate number of shares issued
[shares] 21,40,000 [shares] 8,93,000
during period
Decrease in number of shares during period
[Abstract]
Number of shares redeemed [shares] 21,40,000 [shares] 8,93,000
Number of shares bought back [shares] 0 [shares] 0 [shares] 0 [shares] 0
Other decrease in number of shares [shares] 0 [shares] 0 [shares] 0 [shares] 0
Total decrease in number of shares during
[shares] 21,40,000 [shares] 8,93,000 [shares] 0 [shares] 0
period
Total increase (decrease) in number of
[shares] 0 [shares] 0 [shares] 0 [shares] 0
shares outstanding
Number of shares outstanding at end of period [shares] 50,03,000 [shares] 50,03,000 [shares] 50,00,000 [shares] 50,00,000
Reconciliation of value of shares outstanding
[Abstract]
Changes in share capital [Abstract]
Increase in share capital during period
[Abstract]
Amount of preferential allotment issue
arising out of conversion of debentures 2,14,00,000 89,30,000
preference shares during period
Total aggregate amount of increase in
2,14,00,000 89,30,000
share capital during period
Decrease in share capital during period
[Abstract]
Decrease in amount of shares redeemed 2,14,00,000 89,30,000
Decrease in amount of shares bought back 0 0 0 0
Other decrease in amount of shares 0 0 0 0
Total decrease in share capital during
2,14,00,000 89,30,000 0 0
period
Total increase (decrease) in share capital 0 0 0 0
Share capital at end of period 5,00,30,000 5,00,30,000 5,00,00,000 5,00,00,000
Shares in company held by holding company or
ultimate holding company or by its subsidiaries
or associates [Abstract]
32
Shares in company held by holding company [shares] 25,49,950 [shares] 25,49,950 [shares] 25,49,950 [shares] 25,49,950
Total shares in company held by holding company
or ultimate holding company or by its [shares] 25,49,950 [shares] 25,49,950 [shares] 25,49,950 [shares] 25,49,950
subsidiaries or associates
Details of application money received for
allotment of securities and due for refund and
interest accrued thereon [Abstract]
Application money received for allotment of
securities and due for refund and interest
accrued thereon [Abstract]
Application money received for
allotment of securities and due for 0 0 0 0
refund, principal
allotment of securities and due for 0 0 0 0
refund, interest accrued
Total application money received for
allotment of securities and due for refund 0 0 0 0
and interest accrued thereon
Share premium for shares to be allotted 0 0 0 0
33

Equity shares
Classes of share capital [Axis] Equity shares 1 [Member]
[Member]
01/04/2017 01/04/2016
31/03/2016 to to 31/03/2016
31/03/2018 31/03/2017
Type of share EQUITY SHARES Equity Shares
Number of shares authorised [shares] 80,00,000 [shares] 80,00,000
Value of shares authorised 8,00,00,000 8,00,00,000
Number of shares issued [shares] 50,00,000 [shares] 50,00,000
Value of shares issued 5,00,00,000 5,00,00,000
Number of shares subscribed and fully paid [shares] 50,00,000 [shares] 50,00,000
Value of shares subscribed and fully paid 5,00,00,000 5,00,00,000
Number of shares subscribed but not fully paid [shares] 0 [shares] 0
Value of shares subscribed but not fully paid 0 0
Total number of shares subscribed [shares] 50,00,000 [shares] 50,00,000
Total value of shares subscribed 5,00,00,000 5,00,00,000
Number of shares paid-up [shares] 50,00,000 [shares] 50,00,000
Value of shares called 5,00,00,000 5,00,00,000
Value of shares paid-up 5,00,00,000 5,00,00,000
Par value per share [INR/shares] 10 [INR/shares] 10
Amount per share called in case shares not fully
[INR/shares] 0 [INR/shares] 0
called
[Abstract]
[Abstract]
[Abstract]
Number of shares bought back [shares] 0 [shares] 0
Other decrease in number of shares [shares] 0 [shares] 0
[shares] 0 [shares] 0
period
[shares] 0 [shares] 0
shares outstanding
Number of shares outstanding at end of period [shares] 50,00,000 [shares] 50,00,000 [shares] 50,00,000 [shares] 50,00,000
[Abstract]
[Abstract]
Decrease in amount of shares bought back 0 0
Other decrease in amount of shares 0 0
0 0
period
Total increase (decrease) in share capital 0 0
Share capital at end of period 5,00,00,000 5,00,00,000 5,00,00,000 5,00,00,000
Shares in company held by holding company or
ultimate holding company or by its subsidiaries
or associates [Abstract]
Shares in company held by holding company [shares] 25,49,950 [shares] 25,49,950
Total shares in company held by holding company
or ultimate holding company or by its [shares] 25,49,950 [shares] 25,49,950
subsidiaries or associates
allotment of securities and due for 0 0
refund, principal
34

allotment of securities and due for 0 0
allotment of securities and due for refund 0 0
Share premium for shares to be allotted 0 0
35

Preference shares 1
Classes of share capital [Axis] Preference shares [Member]
[Member]
01/04/2017 01/04/2016 01/04/2017
to to 31/03/2016 to
31/03/2018 31/03/2017 31/03/2018
PREFERENCE
Type of share SHARES
Number of shares authorised [shares] 20,00,000 [shares] 20,00,000 [shares] 20,00,000
Value of shares authorised 2,00,00,000 2,00,00,000 2,00,00,000
Number of shares issued [shares] 3,000 [shares] 3,000 [shares] 3,000
Value of shares issued 30,000 30,000 30,000
Number of shares subscribed and fully paid [shares] 3,000 [shares] 3,000 [shares] 3,000
Value of shares subscribed and fully paid 30,000 30,000 30,000
Number of shares subscribed but not fully paid [shares] 0 [shares] 0 [shares] 0
Value of shares subscribed but not fully paid 0 0 0
Total number of shares subscribed [shares] 3,000 [shares] 3,000 [shares] 3,000
Total value of shares subscribed 30,000 30,000 30,000
Number of shares paid-up [shares] 3,000 [shares] 3,000 [shares] 3,000
Value of shares called 30,000 30,000 30,000
Value of shares paid-up 30,000 30,000 30,000
Par value per share [INR/shares] 10
Amount per share called in case shares not fully
[INR/shares] 0
called
[Abstract]
[Abstract]
Increase in number of shares outstanding
[Abstract]
Number of shares issued as preferential
allotment arising out of conversion of
[shares] 21,40,000 [shares] 8,93,000 [shares] 21,40,000
debentures preference shares during
period
Total aggregate number of shares issued
during period
[Abstract]
Number of shares redeemed [shares] 21,40,000 [shares] 8,93,000 [shares] 21,40,000
period
[shares] 0 [shares] 0 [shares] 0
shares outstanding
Number of shares outstanding at end of period [shares] 3,000 [shares] 3,000 [shares] 3,000 [shares] 3,000
[Abstract]
Increase in share capital during period
[Abstract]
Amount of preferential allotment issue
arising out of conversion of debentures 2,14,00,000 89,30,000 2,14,00,000
preference shares during period
Total aggregate amount of increase in
2,14,00,000 89,30,000 2,14,00,000
share capital during period
[Abstract]
Decrease in amount of shares redeemed 2,14,00,000 89,30,000 2,14,00,000
2,14,00,000 89,30,000 2,14,00,000
period
Total increase (decrease) in share capital 0 0 0
Share capital at end of period 30,000 30,000 30,000 30,000
36

allotment of securities and due for 0 0 0
refund, principal
allotment of securities and due for 0 0 0
allotment of securities and due for refund 0 0 0
Share premium for shares to be allotted 0 0 0
37

Classes of share capital [Axis] Preference shares 1 [Member]
01/04/2016
to 31/03/2016
31/03/2017
Type of share Preference Shares
Number of shares authorised [shares] 20,00,000
Value of shares authorised 2,00,00,000
Number of shares issued [shares] 3,000
Value of shares issued 30,000
Number of shares subscribed and fully paid [shares] 3,000
Value of shares subscribed and fully paid 30,000
Number of shares subscribed but not fully paid [shares] 0
Value of shares subscribed but not fully paid 0
Total number of shares subscribed [shares] 3,000
Total value of shares subscribed 30,000
Number of shares paid-up [shares] 3,000
Value of shares called 30,000
Value of shares paid-up 30,000
Par value per share [INR/shares] 10
Amount per share called in case shares not fully called [INR/shares] 0
Reconciliation of number of shares outstanding [Abstract]
Changes in number of shares outstanding [Abstract]
Increase in number of shares outstanding [Abstract]
Number of shares issued as preferential allotment arising out of
[shares] 8,93,000
conversion of debentures preference shares during period
Total aggregate number of shares issued during period [shares] 8,93,000
Decrease in number of shares during period [Abstract]
Number of shares redeemed [shares] 8,93,000
Total decrease in number of shares during period [shares] 8,93,000
Total increase (decrease) in number of shares outstanding [shares] 0
Number of shares outstanding at end of period [shares] 3,000 [shares] 3,000
Reconciliation of value of shares outstanding [Abstract]
Increase in share capital during period [Abstract]
Amount of preferential allotment issue arising out of conversion of
89,30,000
debentures preference shares during period
Total aggregate amount of increase in share capital during period 89,30,000
Decrease in share capital during period [Abstract]
Decrease in amount of shares redeemed 89,30,000
Total decrease in share capital during period 89,30,000
Total increase (decrease) in share capital 0
Share capital at end of period 30,000 30,000
Details of application money received for allotment of securities and due for
refund and interest accrued thereon [Abstract]
Application money received for allotment of securities and due for refund and
Application money received for allotment of securities and due for refund,
0
principal
Application money received for allotment of securities and due for refund,
0
interest accrued
Total application money received for allotment of securities and due for
0
refund and interest accrued thereon
Share premium for shares to be allotted 0
38

01/04/2017 01/04/2016
to to
31/03/2018 31/03/2017
Disclosure of notes on share capital explanatory [TextBlock]
Whether there are any shareholders holding more than five per cent
Yes Yes
shares in company
Number of persons on private placement of equity share [Qty] 0 [Qty] 0
Number of persons on private placement of preference share [Qty] 0 [Qty] 0
Nature of security on private placement of preference share NOT APPLICABLE NOT APPLICABLE
Number of allottees in case of preferential allotment [Qty] 0 [Qty] 0
Whether reduction in capital done during year No No
Whether money raised from public offering during year No No
Details of outstanding unutilised amounts received in respect of public
0 0
offering
[200200] Notes - Reserves and surplus
Statement of changes in reserves [Table] ..(1)

Components of reserves [Axis] Reserves [Member] Capital redemption reserves [Member]
01/04/2017 01/04/2016 01/04/2017 01/04/2016
to to to to
31/03/2018 31/03/2017 31/03/2018 31/03/2017
Statement of changes in reserves [Abstract]
Statement of changes in reserves [LineItems]
Changes in reserves [Abstract]
Additions to reserves [Abstract]
Profit (loss) for period 58,10,534 1,34,61,140
Other additions to reserves 2,14,00,000 89,30,000 2,14,00,000 89,30,000
Total additions to reserves 2,72,10,534 2,23,91,140 2,14,00,000 89,30,000
Deductions to reserves [Abstract]
Other deductions to reserves 2,14,00,000 89,30,000
Total deductions to reserves 2,14,00,000 89,30,000
Total changes in reserves 58,10,534 1,34,61,140 2,14,00,000 89,30,000
Reserves at end of period 7,29,35,290 6,71,24,756 3,03,30,000 89,30,000
Statement of changes in reserves [Table] ..(2)

Capital redemption
Components of reserves [Axis] Surplus [Member]
reserves [Member]
01/04/2017 01/04/2016
31/03/2016 to to 31/03/2016
31/03/2018 31/03/2017
Statement of changes in reserves [Abstract]
Statement of changes in reserves [LineItems]
Changes in reserves [Abstract]
Additions to reserves [Abstract]
Total additions to reserves 58,10,534 1,34,61,140
Deductions to reserves [Abstract]
Other deductions to reserves 2,14,00,000 89,30,000
Total deductions to reserves 2,14,00,000 89,30,000
Total changes in reserves -1,55,89,466 45,31,140
Reserves at end of period 89,30,000 4,26,05,290 5,81,94,756 5,81,94,756
39

01/04/2017 01/04/2016
to to
31/03/2018 31/03/2017
Disclosure of notes on reserves explanatory [TextBlock]
Aggregate amount set aside or proposed to be set aside, to reserve 0 0
Aggregate amounts withdrawn from such reserves set aside 0 0
Share reserves joint ventures 0 0
[200300] Notes - Borrowings
Details of bonds or debentures [Table] ..(1)

Details of bonds or
DetailsOfBondsOrDebentures1 DetailsOfBondsOrDebentures2 DetailsOfBondsOrDebentures3 DetailsOfBondsOrDebentures4
debentures [Axis]
01/04/2016 01/04/2016 01/04/2016 01/04/2016
to to to to
31/03/2017 31/03/2017 31/03/2017 31/03/2017
Borrowings notes
[Abstract]
Details of bonds or
debentures [Abstract]
Details of bonds or
debentures [LineItems]
Whether bonds or
Debenture Debenture Debenture Debenture
debentures
Nature of bond or
Fully convertible Fully convertible Fully convertible Non-convertible
debenture
Holder of bond or
Others Others Others Others
debenture
Rate of interest 18.25% 15.2075% 12.166% 20.40%
Particulars of
AS PER TERM DEED AS PER TERM DEED AS PER TERM DEED AS PER TERM DEED
redemption or conversion
Nominal value per
[Qty] 10 [Qty] 10 [Qty] 10 [Qty] 1,00,000
bond or debenture
Number of bonds or
[Qty] 9,10,000 [Qty] 18,75,000 [Qty] 53,00,000 [Qty] 2,500
debentures
Details of bonds or debentures [Table] ..(2)

Details of bonds or debentures [Axis] DetailsOfBondsOrDebentures5
01/04/2017
to
31/03/2018
Borrowings notes [Abstract]
Details of bonds or debentures [Abstract]
Details of bonds or debentures [LineItems]
Whether bonds or debentures Debenture
Nature of bond or debenture Fully convertible
Holder of bond or debenture Others
Rate of interest (A) 0.00%
Particulars of redemption or conversion AS PER TERM DEED
Nominal value per bond or debenture [Qty] 10
Number of bonds or debentures [Qty] 59,45,000
Footnotes
(A) RATE OF INTEREST IS MUTUALLY DECIDED BY THE COMPANY & DEBENTURE HOLDERS
40
Classification of borrowings [Table] ..(1)

Classification based on time period [Axis] Long-term [Member]
Debentures
Classification of borrowings [Axis] Bonds/debentures [Member]
[Member]
Secured Secured
Subclassification of borrowings [Axis] borrowings Unsecured borrowings [Member] borrowings
[Member] [Member]
01/04/2016 01/04/2016
to 31/03/2018 31/03/2017 to
31/03/2017 31/03/2017
Details of borrowings [Abstract]
Details of borrowings [LineItems]
Borrowings 6,25,00,000 5,94,50,000 8,08,50,000 6,25,00,000
Nature of security [Abstract]
[ As Per Member (s) [ As Per Member (s)
Nature of security ] ]

Fully convertible debentures others
Classification of borrowings [Axis] Debentures [Member]
[Member]
Subclassification of borrowings [Axis] Unsecured borrowings [Member] Unsecured borrowings [Member]
31/03/2018 31/03/2017 31/03/2018 31/03/2017
Borrowings 5,94,50,000 8,08,50,000 5,94,50,000 8,08,50,000

Non-convertible
Term loans from
Classification of borrowings [Axis] debentures others Term loans [Member]
banks [Member]
[Member]
Secured Secured
Subclassification of borrowings [Axis] borrowings Secured borrowings [Member] borrowings
[Member] [Member]
01/04/2016 01/04/2017 01/04/2016 01/04/2016
to to to to
31/03/2017 31/03/2018 31/03/2017 31/03/2017
Borrowings 6,25,00,000 90,00,00,000 48,10,93,851 48,10,93,851
Textual information [ As Per Member (s) Textual information
Nature of security (12) [See below] ]
[ As Per Member (s) ]
(13) [See below]
41

Rupee term loans
Term loans from Loans and advances from related parties
Classification of borrowings [Axis] from others
others [Member] [Member]
[Member]
Secured Secured
Subclassification of borrowings [Axis] borrowings borrowings Unsecured borrowings [Member]
[Member] [Member]
01/04/2017 01/04/2017
to to 31/03/2018 31/03/2017
31/03/2018 31/03/2018
Borrowings 90,00,00,000 90,00,00,000 14,66,21,122 15,46,64,593
[ As Per Member (s) Textual information
Nature of security ] (14) [See below]

Classification based on time period [Axis] Long-term [Member] Short-term [Member]
Loans and advances from others
Classification of borrowings [Axis] Term loans [Member]
[Member]
Subclassification of borrowings [Axis] Unsecured borrowings [Member] Secured borrowings [Member]
01/04/2017 01/04/2016
31/03/2018 31/03/2017 to to
31/03/2018 31/03/2017
Borrowings 14,66,21,122 15,46,64,593 8,33,048 1,99,50,449
[ As Per Member (s)
Nature of security ]

Classification based on time period [Axis] Short-term [Member]
Classification of borrowings [Axis] Term loans from banks [Member] Rupee term loans from banks [Member]
Subclassification of borrowings [Axis] Secured borrowings [Member] Secured borrowings [Member]
01/04/2017 01/04/2016 01/04/2017 01/04/2016
to to to to
31/03/2018 31/03/2017 31/03/2018 31/03/2017
Borrowings 8,33,048 1,99,50,449 8,33,048 1,99,50,449
Bank OD with
Bank OD with
Progressive Bank is
[ As Per Member (s) Progressive Bank is
Nature of security ]
[ As Per Member (s) ] secured against
secured against Fixed
Fixed deposit with
deposit with Bank
Bank
42

Loans repayable on demand from others
Classification of borrowings [Axis] Loans repayable on demand [Member]
[Member]
Subclassification of borrowings [Axis] Unsecured borrowings [Member] Unsecured borrowings [Member]
31/03/2018 31/03/2017 31/03/2018 31/03/2017
Borrowings 1,56,00,000 1,68,00,000 1,56,00,000 1,68,00,000

Classification of borrowings [Axis] Intercorporate borrowings [Member]
Subclassification of borrowings [Axis] Unsecured borrowings [Member]
31/03/2018 31/03/2017
Borrowings 28,55,19,999 28,66,02,499

31/03/2018 31/03/2017
Disclosure of notes on borrowings explanatory [TextBlock]
Share long-term borrowings joint ventures 0 0
Share short-term borrowings joint ventures 0 0
Nature of security
a)Creation of Charge on Juhu Project land development rights belonging to Mayurpankh Properties Pvt Ltd; b)Creation of charge on Bhandup
Project land (after ICICI Bank); c)Hypothecation of all sales receivables of the Juhu Project belonging to Mayurpankh Properties Pvt Ltd ;
d)Hypothecation of sales receivables of the Bhandup Project (after ICICI Bank); e)Personal guarantee of Promoters; f) Corporate guarantee of
Sunshine Housing & Infrastructure Pvt Ltd & Mayurpankh Properties Pvt Ltd (subject to restrictions under Section 185 of the Companies Act);
d)Non-disposal Undertaking of shares of Sunshine Housing Pvt Ltd & Mayurpankh Properties Pvt Ltd; e)"Post dated cheques to the extent of 2x
of investment amount. "
Nature of security
a)Charge by way of registered mortgage on development rights of Property " Samriddhi - Phase II" (Excluding 741 Sq Mt to be handed over to
MCGM & Area Sold) b) Charge by way of registered mortgage on development rights of Property " Samriddhi - Phase I" (Excluding Area Sold)
c) Charge by way of registered mortgage on the Scheduled Receivables d) Extension of Charge by way of registered mortgage on Escrow
Account of Project 1, Project 2 & Project 3 e) Charge by way of registered mortgage on DSR Account f) Corporate Gurantee of Sunshine
Housing & Infrastructure Private Limited g)Unconditional & Irrevocable Personal Gurantee of Mr. Atul Bharani, Mr Kashyap Mehta & Mr.
Pratik Vira h) Post dated cheques, each of one third of the principal amount
43
Nature of security
A)Registered Mortgage of the project admeasuring 14925 Sq.mt. ' Samridhi Garden & Oakwood' situated at at CTS No.403 C, Dcvidayal
Compound, Jaydcv Singh Nagar, Opp.Ishwar Nagar, ViiI. Kanjur,L.B.S. Marg, Bhandup (West),Mumbai 400078 B)Security to be maintained at
1.75 times of the outstanding loan at any point of time.C)Negative Lien on flats at 1.75 times at any point of time based on market
value.D)Hypothecation / Assignment of entire Receivables of the project "Samridhi Garden & Oakwood" including balance receivables from
already sold units. E)Corporate Guarantee of M/s. Sunshine Housing & Infrastructure Pvt. Ltd.F)Personal Gurantee of Mr. Atul Bharani & Mr
Kashyap Mehta.G)Registration of our charge with ROC and Central Registry in the name of applicant company, Co-aapplicant company &
Company giving Corporate Guarantee at the cost of the borrower.H)Enforceability Certificate to be obtained from Law Firm.I)LICHFL reserves
right to appoint Security Trustee.J)DSRA of 03 months interest amount.
[201000] Notes - Tangible assets
Disclosure of tangible assets [Table] ..(1)

Classes of tangible assets [Axis] Company total tangible assets [Member]
Sub classes of tangible assets [Axis] Owned and leased assets [Member]
Accumulated
depreciation
Carrying amount accumulated depreciation and gross
Carrying amount [Member] Gross carrying amount [Member] and
carrying amount [Axis]
impairment
[Member]
01/04/2017 01/04/2016 01/04/2017 01/04/2016 01/04/2017
to to to to 31/03/2016 to
31/03/2018 31/03/2017 31/03/2018 31/03/2017 31/03/2018
Disclosure of tangible assets [Abstract]
Disclosure of tangible assets
[LineItems]
Reconciliation of changes in
tangible assets [Abstract]
Changes in tangible assets
[Abstract]
Additions other than through
business combinations tangible 0 0 0 0
assets
Depreciation tangible assets 0 -23,326 0
Impairment loss
recognised in profit or 0 0 0
loss tangible assets
Reversal of impairment loss
recognised in profit or loss 0 0 0
tangible assets
Disposals tangible assets
[Abstract]
Disposals tangible assets,
0 0 0 0 0
others
Total disposals tangible
0 0 0 0 0
assets
Other adjustments tangible
assets [Abstract]
0 0 0 0 0
assets, others
Total other adjustments
0 0 0 0 0
tangible assets
Total changes in tangible
0 -23,326 0 0 0
assets
Tangible assets at end of period 9 9 2,11,674 2,11,674 2,11,674 2,11,665
44

Company total tangible assets
Classes of tangible assets [Axis] Office equipment [Member]
[Member]
Owned and leased assets
Sub classes of tangible assets [Axis] Owned assets [Member]
[Member]
Gross carrying
Carrying amount accumulated depreciation and gross Accumulated depreciation and
Carrying amount [Member] amount
carrying amount [Axis] impairment [Member]
[Member]
01/04/2016 01/04/2017 01/04/2016 01/04/2017
to 31/03/2016 to to 31/03/2016 to
31/03/2017 31/03/2018 31/03/2017 31/03/2018
[LineItems]
[Abstract]
business combinations tangible 0 0 0
assets
Depreciation tangible assets 23,326 0 -2,133
Impairment loss
recognised in profit or 0 0 0
tangible assets
[Abstract]
0 0 0 0
others
0 0 0 0
assets
assets [Abstract]
0 0 0 0
assets, others
0 0 0 0
tangible assets
23,326 0 -2,133 0
assets
Tangible assets at end of period 2,11,665 2,11,665 3 3 3 46,250
45

Computer
Classes of tangible assets [Axis] Office equipment [Member] equipments
[Member]
Owned assets
[Member]
Carrying
Carrying amount accumulated depreciation and gross Gross carrying amount Accumulated depreciation and impairment
amount
carrying amount [Axis] [Member] [Member]
[Member]
01/04/2016 01/04/2017 01/04/2016 01/04/2017
to 31/03/2016 to to 31/03/2016 to
31/03/2017 31/03/2018 31/03/2017 31/03/2018
[LineItems]
[Abstract]
business combinations tangible 0 0
assets
Depreciation tangible assets 0 2,133 0
Impairment loss
recognised in profit or 0 0
tangible assets
[Abstract]
0 0 0 0
others
0 0 0 0
assets
assets [Abstract]
0 0 0 0
assets, others
0 0 0 0
tangible assets
0 0 2,133 0
assets
Tangible assets at end of period 46,250 46,250 46,247 46,247 46,247 6
46

Classes of tangible assets [Axis] Computer equipments [Member]
Accumulated
depreciation
Carrying amount accumulated depreciation and gross
Carrying amount [Member] Gross carrying amount [Member] and
carrying amount [Axis]
impairment
[Member]
01/04/2016 01/04/2017 01/04/2016 01/04/2017
to 31/03/2016 to to 31/03/2016 to
31/03/2017 31/03/2018 31/03/2017 31/03/2018
[LineItems]
[Abstract]
business combinations tangible 0 0 0
assets
Depreciation tangible assets -21,193 0
Impairment loss
recognised in profit or 0 0
recognised in profit or loss 0 0
tangible assets
[Abstract]
0 0 0 0
others
0 0 0 0
assets
assets [Abstract]
0 0 0 0
assets, others
0 0 0 0
tangible assets
-21,193 0 0 0
assets
Tangible assets at end of period 6 6 1,65,424 1,65,424 1,65,424 1,65,418
47

Classes of tangible assets [Axis] Computer equipments [Member]
Accumulated depreciation and
Carrying amount accumulated depreciation and gross carrying amount [Axis]
impairment [Member]
01/04/2016
to 31/03/2016
31/03/2017
Disclosure of tangible assets [LineItems]
Reconciliation of changes in tangible assets [Abstract]
Changes in tangible assets [Abstract]
Depreciation tangible assets 21,193
Impairment loss recognised in profit or loss tangible assets 0
Reversal of impairment loss recognised in profit or loss tangible assets 0
Disposals tangible assets [Abstract]
Disposals tangible assets, others 0
Total disposals tangible assets 0
Other adjustments tangible assets [Abstract]
Other adjustments tangible assets, others 0
Total other adjustments tangible assets 0
Total changes in tangible assets 21,193
Tangible assets at end of period 1,65,418 1,65,418
Disclosure of additional information tangible assets [Table] ..(1)

Company total tangible assets Computer equipments
Classes of tangible assets [Axis] Office equipment [Member]
[Member] [Member]
Owned and leased assets
Sub classes of tangible assets [Axis] Owned assets [Member] Owned assets [Member]
[Member]
01/04/2017 01/04/2016 01/04/2017 01/04/2016 01/04/2017 01/04/2016
to to to to to to
31/03/2018 31/03/2017 31/03/2018 31/03/2017 31/03/2018 31/03/2017
Disclosure of additional information
Disclosure of additional information
tangible assets [LineItems]
[ As per [ As p e r USEFUL LIFE USEFUL LIFE USEFUL LIFE USEFUL LIFE
Depreciation method tangible assets Member(s) ] Member(s) ] METHOD METHOD METHOD METHOD
Useful lives or depreciation rates [ As per [ As per
3 3 3 3
tangible assets Member(s) ] Member(s) ]
[201100] Notes - Intangible assets
Disclosure of intangible assets [Table] ..(1)

Company total intangible assets
Classes of intangible assets [Axis]
[Member]
Internally generated and other than
Sub classes of intangible assets [Axis] internally generated intangible assets
[Member]
Carrying amount accumulated amortization and impairment and gross carrying amount [Axis] Carrying amount [Member]
31/03/2018 31/03/2017
Disclosure of intangible assets [Abstract]
Disclosure of intangible assets [LineItems]
Reconciliation of changes in intangible assets [Abstract]
Intangible assets at end of period 0 0
48
[200400] Notes - Non-current investments
Details of non-current investments [Table] ..(1)

Classification of non-current investments [Axis] ClassificationOfNoncurrentInvestments1 ClassificationOfNoncurrentInvestments2
01/04/2016 01/04/2017
to to
31/03/2017 31/03/2018
Non-current investments [Abstract]
Disclosure of details of non-current investments [Abstract]
Details of non-current investments [LineItems]
Type of non-current investments Other non-current investments Other non-current investments
Class of non-current investments Other investments Other investments
Nature of non-current investments Equity Equity
Non-current investments 10,010 10,010
Name of body corporate in whom investment has been made Progressive Co-op Bank Ltd Progressive Co-op Bank Ltd

31/03/2018 31/03/2017
Disclosure of notes on non-current investments explanatory [TextBlock]
Aggregate amount of quoted non-current investments 0 0
Market value of quoted non-current investments 0 0
Aggregate amount of unquoted non-current investments 10,010 10,010
Aggregate provision for diminution in value of non-current investments 0 0
Share non-current investments joint ventures 0 0
[200600] Notes - Subclassification and notes on liabilities and assets
Disclosure of details of balances with banks [Table] ..(1)

Details of balances with banks
DetailsOfBalancesWithBanks1 DetailsOfBalancesWithBanks2 DetailsOfBalancesWithBanks3 DetailsOfBalancesWithBanks4
[Axis]
01/04/2016 01/04/2016 01/04/2016 01/04/2016
to to to to
31/03/2017 31/03/2017 31/03/2017 31/03/2017
Subclassification and notes
on liabilities and assets
[Abstract]
Cash and bank balances
notes [Abstract]
Cash and bank
balances [Abstract]
Disclosure of details
of balances with banks
[Abstract]
Details of balances
with banks [LineItems]
Name of bank STATE BANK OF INDIA Kotak Mahindra Bank Ltd ICICI Bank Ltd-ESCROW ICICI Bank Ltd
Account number
31872405528 1611254332 002605009357 002605005684
of bank
Closing balance
98,668 3,295 1 10,689
held in bank
49

Details of balances with banks
[Axis]
01/04/2017 01/04/2017 01/04/2017 01/04/2017
to to to to
31/03/2018 31/03/2018 31/03/2018 31/03/2018
Subclassification and notes
on liabilities and assets
[Abstract]
Cash and bank balances
notes [Abstract]
Cash and bank
balances [Abstract]
Disclosure of details
of balances with banks
[Abstract]
Details of balances
with banks [LineItems]
Name of bank STATE BANK OF INDIA Progressive Co-Op Bank Ltd Kotak Mahindra Bank Ltd ICICI BANK LTD
Account number
31872405528 3405 1611254332 002605009473
of bank
Closing balance
81,946.5 11,669.4 3,265.14 11,164.26
held in bank

Details of balances with
banks [Axis]
01/04/2017 01/04/2017 01/04/2017 01/04/2017
to to to to
31/03/2018 31/03/2018 31/03/2018 31/03/2018
Subclassification and
notes on liabilities and
assets
[Abstract]
Cash and bank
balances notes [Abstract]
Cash and bank
balances [Abstract]
Disclosure of
details of balances with
banks
[Abstract]
Details of
balances with banks
[LineItems]
Name of bank
ICICI BANK LTD ICICI BANK LTD ICICI BANK LTD ICICI BANK LTD
Account
000405115977 002605009617 002605008521 777705001389
number of bank
Closing
1 0.01 0.01 138.61
balance held in bank
50

banks [Axis]
01/04/2017 01/04/2017 01/04/2017 01/04/2017
to to to to
31/03/2018 31/03/2018 31/03/2018 31/03/2018
assets
[Abstract]
Cash and bank
balances notes
[Abstract]
Cash and bank
balances [Abstract]
Disclosure of
banks
[Abstract]
Details of
balances with banks
[LineItems]
Name of
bank
Account
002605005684 002605009630 005705020643 005705020644
number of bank
Closing
8,64,354.08 10,39,340.01 32,84,914.51 0.01

banks [Axis]
01/04/2017 01/04/2017 01/04/2017 01/04/2017
to to to to
31/03/2018 31/03/2018 31/03/2018 31/03/2018
assets
[Abstract]
Cash and bank
balances notes
[Abstract]
Cash and bank
balances [Abstract]
Disclosure of
banks
[Abstract]
Details of
balances with banks
[LineItems]
Name of
bank
Account
039305007386 002605005684 000405115975 777705001390
number of bank
Closing
0.01 5,18,787.09 744.1 0.01
51
Disclosure of breakup of provisions [Table] ..(1)

Classification based on time period
[Member]
31/03/2018 31/03/2017 31/03/2018 31/03/2017
Subclassification and notes on liabilities and assets
[Abstract]
Provisions notes [Abstract]
Disclosure of breakup of provisions [Abstract]
Disclosure of breakup of provisions [LineItems]
Provisions [Abstract]
Provisions for employee benefits
[Abstract]
Provision gratuity 0 0 0 0
Provision leave encashment 1,09,872 2,82,228 1,09,872 2,82,228
Provision pension 0 0 0 0
Provision employee insurance scheme 0 0 0 0
Provision other employee related
7,05,626 1,14,187
liabilities
Total provisions for employee benefits 8,15,498 3,96,415 1,09,872 2,82,228
Provision for corporate tax [Abstract]
Provision for current tax 12,453 39,37,500
Provision for wealth tax 0 0 0 0
Provision for fringe benefit tax 0 0 0 0
Provision for other tax 0 0 0 0
Provision for corporate dividend tax 0 0 0 0
Total provision for corporate tax 12,453 39,37,500 0 0
Provision for proposed dividend [Abstract]
Provision for proposed equity dividend
[Abstract]
Provision for proposed equity
0 0 0 0
interim dividend
Provision for proposed equity final
0 0 0 0
dividend
Provision for proposed equity
0 0 0 0
special dividend
Total provision for proposed equity
0 0 0 0
dividend
Provision for proposed preference
dividend [Abstract]
0 0 0 0
interim dividend
0 0 0 0
final dividend
0 0 0 0
special dividend
Total provision for proposed
0 0 0 0
preference dividend
Total provision for proposed dividend 0 0 0 0
Provision for statutory liabilities 0 0
CSR expenditure provision 0 0 0 0
Provision for abandonment cost 0 0
Total provisions 8,27,951 43,33,915 1,09,872 2,82,228
Share provisions joint ventures 0 0
52
Disclosure of breakup of provisions [Table] ..(2)

31/03/2018 31/03/2017
Subclassification and notes on liabilities and assets [Abstract]
Provisions notes [Abstract]
Disclosure of breakup of provisions [Abstract]
Disclosure of breakup of provisions [LineItems]
Provisions [Abstract]
Provisions for employee benefits [Abstract]
Provision gratuity 0 0
Provision leave encashment 0 0
Provision pension 0 0
Provision employee insurance scheme 0 0
Provision other employee related liabilities 7,05,626 1,14,187
Total provisions for employee benefits 7,05,626 1,14,187
Provision for corporate tax [Abstract]
Provision for current tax 12,453 39,37,500
Provision for wealth tax 0 0
Provision for fringe benefit tax 0
Provision for other tax 0
Provision for corporate dividend tax 0
Total provision for corporate tax 12,453 39,37,500
Provision for proposed dividend [Abstract]
Provision for proposed equity dividend [Abstract]
Provision for proposed equity interim dividend 0 0
Provision for proposed equity final dividend 0 0
Provision for proposed equity special dividend 0 0
Total provision for proposed equity dividend 0 0
Provision for proposed preference dividend [Abstract]
Provision for proposed preference interim dividend 0 0
Provision for proposed preference final dividend 0 0
Provision for proposed preference special dividend 0 0
Total provision for proposed preference dividend 0 0
Total provision for proposed dividend 0 0
Provision for statutory liabilities 0 0
CSR expenditure provision 0 0
Provision for abandonment cost 0 0
Total provisions 7,18,079 40,51,687
53
Loans and advances [Table] ..(1)

Classification of loans and advances [Axis] Other loans and advances [Member] Advance tax [Member]
Classification of assets based on security [Axis] Unsecured considered good [Member] Unsecured considered good [Member]
01/04/2017 01/04/2016
to to 31/03/2018 31/03/2017
31/03/2018 31/03/2017
[Abstract]
Loans and advances notes [Abstract]
Loans and advances [Abstract]
Disclosure of loans and advances [LineItems]
Loans and advances, gross 39,42,49,706 22,79,77,778 18,25,825 25,08,939
Allowance for bad and doubtful loans and
0 0 0 0
advances
Loans and advances 39,42,49,706 22,79,77,778 18,25,825 25,08,939
[ As Per Member (s)
Nature of other loans and advances ]
Details of loans and advances due by

directors, other officers or others
[Abstract]
Loans and advances due by directors 0 0 0 0
Loans and advances due by other officers 0 0 0 0
Loans and advances due by others 0 0
Total loans and advances due by
0 0 0 0
Details of loans and advances due by firms
or companies in which any director is
partner or director [Abstract]
Loans and advances due by firms in
0 0 0 0
which any director is partner
Loans and advances due by private
companies in which any director is 0 0
director
Total loans and advances due
by firms or companies in which
0 0 0 0
any director is partner or
director
54

Service tax
Other deposit
Classification of loans and advances [Axis] Advance income tax paid [Member] receivable
assets [Member]
[Member]
Unsecured Unsecured
Classification of assets based on security [Axis] Unsecured considered good [Member] considered good considered good
[Member] [Member]
31/03/2018 31/03/2017 31/03/2017 31/03/2018
[Abstract]
Loans and advances, gross 18,25,825 25,08,939 41,65,705 3,03,84,000
0 0 0 0
advances
Loans and advances 18,25,825 25,08,939 41,65,705 3,03,84,000
[Abstract]
0 0 0 0
0 0 0 0
director
0 0 0 0
director
55

Classification based on time period [Axis] Long-term [Member] Short-term [Member]
Other loans and advances, others Loans advances given employees
Classification of loans and advances [Axis]
[Member] [Member]
01/04/2017 01/04/2016
to to 31/03/2018 31/03/2017
31/03/2018 31/03/2017
[Abstract]
Loans and advances, gross 36,20,39,881 22,13,03,134 4,40,350 1,81,500
0 0 0 0
advances
Loans and advances 36,20,39,881 22,13,03,134 4,40,350 1,81,500
Other Advances, Other Advances,
Nature of other loans and advances Gratuity Trust, Fin Gratuity Trust, Fin
cost Capitalised cost Capitalised
[Abstract]
0 0 0 0
0 0 0 0
director
0 0 0 0
director
56

Classification of loans and advances [Axis] Other loans and advances [Member] Prepaid expenses [Member]
31/03/2018 31/03/2017 31/03/2018 31/03/2017
[Abstract]
Loans and advances, gross 5,92,049 7,34,435 5,67,049 7,09,435
0 0 0 0
advances
Loans and advances 5,92,049 7,34,435 5,67,049 7,09,435
[Abstract]
0 0 0 0
0 0 0 0
director
0 0 0 0
director

Classification of loans and advances [Axis] Other deposit assets [Member]
Classification of assets based on security [Axis] Unsecured considered good [Member]
31/03/2018 31/03/2017
Subclassification and notes on liabilities and assets [Abstract]
Loans and advances, gross 25,000 25,000
Allowance for bad and doubtful loans and advances 0 0
Loans and advances 25,000 25,000
Details of loans and advances due by directors, other officers or others
[Abstract]
Loans and advances due by directors 0 0
Loans and advances due by other officers 0 0
Total loans and advances due by directors, other officers or others 0 0
Details of loans and advances due by firms or companies in which any
director is partner or director [Abstract]
Loans and advances due by firms in which any director is partner 0 0
Loans and advances due by private companies in which any director is
0
director
Total loans and advances due by firms or companies in which any director
0 0
is partner or director
57
Subclassification of trade receivables [Table] ..(1)

Classification of assets based on security
Classification of assets based on security [Axis] Unsecured considered good [Member]
[Member]
31/03/2018 31/03/2017 31/03/2018 31/03/2017
[Abstract]
Trade receivables notes [Abstract]
Trade receivables [Abstract]
Subclassification of trade receivables
[Abstract]
Subclassification of trade receivables
[LineItems]
Breakup of trade receivables [Abstract]
Trade receivables, gross 55,08,01,446 48,76,66,449 55,08,01,446 48,76,66,449
Allowance for bad and doubtful debts 0 0 0 0
Total trade receivables 55,08,01,446 48,76,66,449 55,08,01,446 48,76,66,449
Details of trade receivables due by
[Abstract]
Trade receivables due by directors 0 0
Trade receivables due by other officers 0 0
Total trade receivables due by
directors, other officers or 0 0
others
Details of trade receivables due by
firms or companies in which any director
is partner or director [Abstract]
Trade receivables due by firms in
0 0
Total trade receivables due by firms
or companies in which any director is 0 0
partner or director
Classification of inventories [Table] ..(1)

Classification of inventories [Axis] Company total inventories [Member] Work-in-progress [Member]
01/04/2017 01/04/2016 01/04/2017 01/04/2016
to to to to
31/03/2018 31/03/2017 31/03/2018 31/03/2017
[Abstract]
Inventories notes [Abstract]
Inventories [Abstract]
Classification of inventories [Abstract]
Details of inventories [LineItems]
Inventories 75,43,28,616 81,94,70,993 75,43,28,616 81,94,70,993
[ As per Member(s) Cost or NRV Cost or NRV
Mode of valuation ]
[ As per Member(s) ]
whichever is less whichever is less
58

01/04/2017 01/04/2016
to to
31/03/2018 31/03/2017
Disclosure of subclassification and notes on liabilities and assets
explanatory [TextBlock]
Trade payables, long-term 0 0
Gross amount due to customers for contract work, non-current 0 0
Others long-term, others 0 0
Total others, long-term 0 0
Total other long-term liabilities 0 0
Share other long-term liabilities joint ventures 0 0
Share provisions joint ventures 0 0
Current maturities of long-term debt 0 18,75,00,000
Current maturities of finance lease obligations 0 0
Interest accrued but not due on borrowings 0 0
Interest accrued and due on borrowings 0 0
Interest accrued but not due on public deposits 0 0
Interest accrued and due on public deposits 0 0
Debentures claimed but not paid 0 0
Income received in advance 0 0
Unpaid dividends 0 0
Application money received for allotment of securities and
0 0
due for refund, principal
Unpaid matured deposits and interest accrued thereon 0 0
Unpaid matured debentures and interest accrued thereon 0 0
Withholding taxes payable 0 0
Service tax payable 0 12,19,311
VAT payable 19,66,643 9,06,373
Excise duty payable 0 0
Taxes payable current tax 0 0
Taxes payable wealth tax 0 0
Taxes payable sales tax 0 0
Taxes payable other tax 23,72,130 36,27,704
Accrued expenses payable 0 0
Security deposits refundable, current 0 0
Customer deposits refundable, current 0 0
Other deposits refundable, current 0 0
Total deposits refundable current 0 0
Gross amount due to customers for contract work, current 0 0
Public deposit payable, current 0 0
Total other payables, current 43,38,773 57,53,388
Derivative liabilities 0 0
Advance received against contracts 0 0
Advance received from customers 9,19,31,471 7,54,70,739
Other advance received 0 0
Bills payable acceptances 0 0
Retention money payable 1,37,57,474 1,46,91,497
Accrued salary payable 0 0
Accrued payroll liabilities, other 0 0
Short-term employee related liabilities 0 0
Contribution to provident fund scheme 0 0
Current liabilities portion of share application money pending
0 0
allotment
Other current liabilities, others 2,55,06,878 5,75,21,997
Total other current liabilities 13,55,34,596 34,09,37,621
Share other current liabilities joint ventures 0 0
Other non-current assets, others 0 61,770
Total other non-current assets 0 61,770
Miscellaneous
Nature of other non-current assets, others expenditure not written
off
Aggregate amount of trade receivables outstanding for period
0 0
exceeding six months
Fixed deposits with banks 25,85,045 4,90,70,079
Other deposits with banks 0 0
59
Other balances with banks 58,16,325 1,12,653

Total balance with banks 84,01,370 4,91,82,732
Cash on hand 3,24,870 6,779
Total cash and cash equivalents 87,26,240 4,91,89,511
Total cash and bank balances 87,26,240 4,91,89,511
Balances held with banks to extent held against other
0 0
commitments
Total balances held with banks to extent held as
margin money or security against borrowings, 0 0
guarantees or other commitments
Bank deposits with more than twelve months maturity 25,85,045 4,90,70,079
Share cash and cash equivalents joint ventures 0 0
Unbilled revenue 0 0
Unamortised premium of forward contracts 0 0
Other unamortised expenses 61,770 80,646
Gross amount due from customers for contract work, current 0 0
Dividend receivable, subsidiaries 0 0
Dividend receivable, others 0 0
Total dividend receivable 0 0
Derivative assets 0 0
Tangible assets held for sale 0 0
Other current assets, others 3,38,873 3,15,721
Total other current assets 4,00,643 3,96,367
Advance to Creditors, Advance to Creditors,
Nature of other current assets Accrued Interest Accrued Interest
Share other current assets joint ventures 0 0
60
[200700] Notes - Additional disclosures on balance sheet

01/04/2017 01/04/2016
to to 31/03/2016
31/03/2018 31/03/2017
Disclosure of additional balance sheet notes explanatory [TextBlock]
Claims against company not acknowledged as debt 0 0
Total contingent liabilities 0 0
Total contingent liabilities and commitments 0 0
Amount of dividends proposed to be distributed to equity shareholders 0 0
Amount of per share dividend proposed to be distributed to equity
shareholders
Amount of dividends proposed to be distributed to preference
0 0
shareholders
Amount of per share dividend proposed to be distributed to
preference shareholders
Arrears of fixed cumulative dividends on preference shares 0 0
Deposits accepted or renewed during period 0 0
Deposits matured and claimed but not paid during period 0 0
Deposits matured and claimed but not paid 0 0
Deposits matured but not claimed 0 0
Interest on deposits accrued and due but not paid 0 0
Additions to equity share warrants during period [Qty] 0 [Qty] 0
Deductions in equity share warrants during period [Qty] 0 [Qty] 0
Total changes in equity share warrants during period [Qty] 0 [Qty] 0
Equity share warrants at end of period [Qty] 0 [Qty] 0 [Qty] 0
Equity share warrants for existing members [Qty] 0 [Qty] 0
Total equity share warrants [Qty] 0 [Qty] 0 [Qty] 0
Share application money received during year 0 0
Share application money paid during year 0 0
Amount of share application money received back during year 0 0
Amount of share application money repaid returned back during year 0 0
Number of person share application money paid during year [Qty] 0 [Qty] 0
Number of person share application money received during year [Qty] 0 [Qty] 0
Number of person share application money paid as at end of year [Qty] 0 [Qty] 0
Number of person share application money received as at end of year [Qty] 0 [Qty] 0
Disclosure of whether all assets and liabilities are registered with
Yes Yes
company
Whether maintenance of cost records by company has been
mandated under Companies (Cost Records and Audit) Rules, No No
2014
Whether audit of cost records of company has been mandated
No No
under Rules specified in SN 1
Unclaimed share application refund money 0 0
Unclaimed matured debentures 0 0
Unclaimed matured deposits 0 0
Interest unclaimed amount 0 0
Number of warrants converted into equity shares during period [Qty] 0 [Qty] 0
Number of warrants converted into preference shares during period [Qty] 0 [Qty] 0
Number of warrants converted into debentures during period [Qty] 0 [Qty] 0
Number of warrants issued during period (in foreign currency) [Qty] 0 [Qty] 0
Number of warrants issued during period (INR) [Qty] 0 [Qty] 0
Number of shareholders to whom shares are allotted under private
[Qty] 0 [Qty] 0
placement during period
61
[200800] Notes - Disclosure of accounting policies, changes in accounting policies and estimates
01/04/2017 01/04/2016
to to
31/03/2018 31/03/2017
Disclosure of accounting policies, change in accounting policies and Textual information (15) Textual information (16)
changes in estimates explanatory [TextBlock] [See below] [See below]
62
Disclosure of accounting policies, change in accounting policies and changes in estimates explanatory [Text Block]
BASIS OF ACCOUNTING & PREPARATION OF FINANCIAL STATEMENTS: The financial statements of the Company have been prepared
to comply with the Generally Accepted Accounting Principles in India (Indian GAAP), including the Accounting Standards notified under the
relevant provisions of the Companies Act, 2013. The financial statements have been prepared on accrual basis under the historical cost convention
unless otherwise specified. The accounting policies adopted in the preparation of the financial statements are consistent with those followed in the
previous year.
SIGNIFICANT ACCOUNTING POLICIES:

1.Use of estimates-The preparation of the financial statements in conformity with Indian GAAP requires the Management to make estimates and
assumptions considered in the reported amounts of assets and liabilities (including contingent liabilities) and the reported income and expenses
during the year. The Management believes that the estimates used in preparation of the financial statements are prudent and reasonable. Future
results could differ due to these estimates and the differences between the actual results and the estimates are recognised in the periods in which
the results are known / materialise.
2.Inventories-‘Incomplete Projects’ are stated at Cost or Net Realizable Value, whichever is lower, as certified by the Company’s Technical
Personnel. ‘Incomplete Projects’ include cost of incomplete properties for which the Company has not entered into sale agreements and in other
cases, ‘Incomplete Projects’ also include initial project cost that relate directly to a prospective project, incurred for the purpose of securing the
project. These costs are recognized as expenditure for the year in which they are incurred unless they are separately identifiable and it is probable
that the respective project will be obtained.As per the system material purchased is issued to the Contractors and it is deemed to be consumed and
hence there is no closing stock of material. All the expenses have been charged to Work in Progress and have been carried forward.
3.Fixed Assets and Depreciation-Fixed Assets are stated at cost of acquisition less accumulated depreciation. Depreciation is provided based on
useful life of the assets as prescribed in Schedule II of Companies Act, 2013 on Straight line method . Depreciation on additions to assets or on
sale/disposal of assets is calculated pro-rata from the date of such addition, or upto the date of such sale/disposal, as the case may be.
4.Investments-Investments are classified into current and long term investments. Current investments are stated at lower of cost and fair value.
Long term investments are stated at cost. Provision for dimunition in the value of long- term investments is made only if such a decline is other
than temporary.
5.Revenue recognition-
(i) Revenue from Construction Activity:
The Company follows the percentage of project completion method for its projects.
The estimates relating to percentage of completion, costs to completion, area available for sale etc. being of a technical nature are reviewed and
revised periodically by the management and are considered as change in estimates and accordingly, the effect of such changes in estimates is
recognised prospectively in the period in which such changes are determined.
Revenue from sale of finished properties / buildings is recognized on transfer of property and once significant risks and rewards of ownership
have been transferred to the buyer.
(ii) Others:
Other revenue / income and cost / expenditure are generally accounted on accrual, as they are earned or incurred.
6.Borrowing costs-Interests and other borrowing costs attributable to inventories are allocated as part of the cost of construction / development of
such assets. Interest (Borrowing Cost) is capitalized to the cost of the Qualifying asset (Inventories) as per Accounting Standard 16 on Accounting
for Borrowing Cost as issued by ICAI.
7.Earnings per share-The Company is required to compute Earnings per share as required by Schedule III of the Companies act, 2013. Therefore,
the Company has computed and disclosed Basic and Diluted Earnings per share in the financial statements as per Accounting Standard 20 on
Earnings per share as issued by ICAI.
8.Taxation-Income tax expense comprises current tax and deferred tax charge or credit. Provision for current tax is made on the basis of the
assessable income at the tax rate applicable to the relevant assessment year. The deferred tax asset and deferred tax liability is calculated by
applying tax rate and laws that have been enacted or substantively enacted by the Balance Sheet date. Deferred tax assets arising on account of
brought forward losses and unabsorbed depreciation under tax laws, are recognized, only if there is a virtual certainty of its realization, supported
by convincing evidence. Deferred tax assets on account of other timing differences are recognized only to the extent there is a reasonable certainty
of its realization. At each Balance Sheet date, the carrying amounts of deferred tax assets are reviewed to reassure realization.
9.Segment Reporting-The Company is engaged in the business of Real Estate Development, which as per Accounting Standard AS-17 - ‘Segment
Reporting’ is considered to be the only reportable business segment. The Company is also operating within the same geographical segment.
Hence, disclosures under AS-17 are not applicable.
10.Retirement Benefits for Employees-"In respect of Retirement benefits payable to Employees like Gratuity, Provident Fund etc. the Company
has done the accounting as per Accounting Standard 15 on Accounting for Retirement Benefits for Employees as issued by ICAI.
11.Provisions, Contingent Liabilities and Contingent Assets-Provisions involving susbtantial degree of estimation in measurement are recognized
when there is a present obligation as a result of past events and it is probable that there will be an outflow of resources. Contingent Liabilities are
not recognised but are disclosed in the notes. Contingent Assets are neither recognized nor disclosed in the financial statements.
12.Miscellaneous Expenditure-Miscellaneous Expenditure comprises preliminary expenses incurred. Preliminary Expenses are amortized over a
period of ten years.
63
Disclosure of accounting policies, change in accounting policies and changes in estimates explanatory [Text Block]
Notes on Financial Statements for the year ended 31st March, 2017
NOTE 1 BASIS OF ACCOUNTING & PREPARATION OF FINANCIAL STATEMENTS
The financial statements of the Company have been prepared to comply with the Generally Accepted Accounting Principles in India (Indian
GAAP), including the Accounting Standards notified under the relevant provisions of the Companies Act, 2013. The financial statements have
been prepared on accrual basis under the historical cost convention unless otherwise specified. The accounting policies adopted in the preparation
of the financial statements are consistent with those followed in the previous year.
NOTE 2 SIGNIFICANT ACCOUNTING POLICIES
A Use of estimates
The preparation of the financial statements in conformity with Indian GAAP requires the Management to make estimates and assumptions
considered in the reported amounts of assets and liabilities (including contingent liabilities) and the reported income and expenses during the year.
The Management believes that the estimates used in preparation of the financial statements are prudent and reasonable. Future results could differ
due to these estimates and the differences between the actual results and the estimates are recognised in the periods in which the results are known
/ materialise.
B Inventories
‘Incomplete Projects’ are stated at Cost or Net Realizable Value, whichever is lower, as certified by the Company’s Technical Personnel.
‘Incomplete Projects’ include cost of incomplete properties for which the Company has not entered into sale agreements and in other cases,
‘Incomplete Projects’ also include initial project cost that relate directly to a prospective project, incurred for the purpose of securing the project.
These costs are recognized as expenditure for the year in which they are incurred unless they are separately identifiable and it is probable that the
respective project will be obtained.
As per the system material purchased is issued to the Contractors and it is deemed to be consumed and hence there is no closing stock of material.
All the expenses have been charged to Work in Progress and have been carried forward.
C Fixed Assets and Depreciation
Fixed Assets are stated at cost of acquisition less accumulated depreciation. Depreciation is provided based on useful life of the assets as
prescribed in Schedule II of Companies Act, 2013 on Straight line method . Depreciation on additions to assets or on sale/disposal of assets is
calculated pro-rata from the date of such addition, or upto the date of such sale/disposal, as the case may be.
D Investments
Investments are classified into current and long term investments. Current investments are stated at lower of cost and fair value. Long term
investments are stated at cost. Provision for dimunition in the value of long- term investments is made only if such a decline is other than
temporary.
E Revenue recognition
(ii) Others:
F Borrowing costs
Interests and other borrowing costs attributable to inventories are allocated as part of the cost of construction / development of such assets.
Interest (Borrowing Cost) is capitalized to the cost of the Qualifying asset (Inventories) as per Accounting Standard 16 on Accounting for
Borrowing Cost as issued by ICAI.
64
G Earnings per share
The Company is required to compute Earnings per share as required by Schedule III of the Companies act, 2013. Therefore, the Company has
computed and disclosed Basic and Diluted Earnings per share in the financial statements as per Accounting Standard 20 on Earnings per share as
issued by ICAI.
H Taxation
Income tax expense comprises current tax and deferred tax charge or credit. Provision for current tax is made on the basis of the assessable
income at the tax rate applicable to the relevant assessment year. The deferred tax asset and deferred tax liability is calculated by applying tax rate
and laws that have been enacted or substantively enacted by the Balance Sheet date. Deferred tax assets arising on account of brought forward
losses and unabsorbed depreciation under tax laws, are recognized, only if there is a virtual certainty of its realization, supported by convincing
evidence. Deferred tax assets on account of other timing differences are recognized only to the extent there is a reasonable certainty of its
realization. At each Balance Sheet date, the carrying amounts of deferred tax assets are reviewed to reassure realization.
I Segment Reporting
The Company is engaged in the business of Real Estate Development, which as per Accounting Standard AS-17 - ‘Segment Reporting’ is
considered to be the only reportable business segment. The Company is also operating within the same geographical segment. Hence, disclosures
under AS-17 are not applicable.
J Retirement Benefits for Employees

"In respect of Retirement benefits payable to Employees like Gratuity, Provident Fund etc. the Company has done the accounting as per
Accounting Standard 15 on Accounting for Retirement Benefits for Employees as issued by ICAI.
"
K Provisions, Contingent Liabilities and Contingent Assets
Provisions involving susbtantial degree of estimation in measurement are recognized when there is a present obligation as a result of past events
and it is probable that there will be an outflow of resources. Contingent Liabilities are not recognised but are disclosed in the notes. Contingent
Assets are neither recognized nor disclosed in the financial statements.
The Company has given gurantees for Loan taken from Banks & Financial Institutions.
L Miscellaneous Expenditure
Miscellaneous Expenditure comprises preliminary expenses incurred. Preliminary Expenses are amortized over a period of ten years.
[201700] Notes - Government grants

01/04/2017 01/04/2016
to to
31/03/2018 31/03/2017
Disclosure of notes on government grants explanatory [TextBlock]
Capital subsidies or grants received from government authorities 0 0
Revenue subsidies or grants received from government authorities 0 0
[201200] Notes - Employee benefits

01/04/2017 01/04/2016
to to
31/03/2018 31/03/2017
Textual information (17) Textual information (18)
Disclosure of employee benefits explanatory [TextBlock] [See below] [See below]
Description of fact that multi-employer plan is defined benefit
0 0
plan but accounted as defined contribution plan
65
Disclosure of employee benefits explanatory [Text Block]

Retirement Benefits for Employees
Disclosure of employee benefits explanatory [Text Block]

Retirement Benefits for Employees
[201800] Notes - Borrowing cost

01/04/2017 01/04/2016
to to
31/03/2018 31/03/2017
INTEREST CAPITALISED RS.
Disclosure of notes on borrowing costs explanatory [TextBlock] NA
34,130,342
66
[201600] Notes - Related party
Disclosure of relationship and transactions between related parties [Table] ..(1)

Categories of related parties [Axis] CategoriesOfRelatedParties1 CategoriesOfRelatedParties2 CategoriesOfRelatedParties3 CategoriesOfRelatedParties4
01/04/2016 01/04/2016 01/04/2016 01/04/2016
to to to to
31/03/2017 31/03/2017 31/03/2017 31/03/2017
Disclosure of relationship and
transactions between
related parties [Abstract]
related parties [LineItems]
Sunshine Tracon Private Sunshine Housing & Sunshine Global Technologies
Name of related party Vijay Goradia
Limited Infrastructure Pvt Ltd Pvt Ltd
Country of incorporation or
residence of related INDIA INDIA INDIA INDIA
party
Permanent account number of
AABPG2179B AAGCS8868M AAHCS9380H AAACM3882F
related party
Description of nature of
Others Associate Holding company Associate
related party relationship
Description of nature of Logo Royalty Rent Paid Other
Professional Fees Debtors Interest Paid Debenture Issued
transactions with related Booking Other Receivables Loan & Advances Received
Payables Loans & Advances Loans & Advances Received
party Received
Related party transactions
[Abstract]
Services received related
70,00,000 19,550
party transactions
Interest paid during year
related party 4,57,500
transactions
Outstanding balances for
related party
transactions [Abstract]
Amounts payable related
1,27,84,000 54,11,750 63,021
party transactions
Amounts receivable related
14,26,540
party transactions
Maximum amount payable
to related party during 1,27,84,000 66,31,393 6,12,58,143 27,24,629
period
Maximum amount
receivable from related party 12,98,700
during period
Amount written off during
period in respect
0 0 0 0
of debts due from related
parties
Amount written back during
period in respect 0 0 0 0
of debts due to related parties
67

Categories of related parties [Axis] CategoriesOfRelatedParties5 CategoriesOfRelatedParties6 CategoriesOfRelatedParties7 CategoriesOfRelatedParties8
01/04/2016 01/04/2016 01/04/2016 01/04/2016
to to to to
31/03/2017 31/03/2017 31/03/2017 31/03/2017
Name of related party Sabari Realty Pvt Ltd Pravina Mehta Narayan Solanki Mahesh Joglekar
Country of incorporation or
residence of related INDIA INDIA INDIA INDIA
party
Permanent account number of
AALCS1892A AEBPV2929N AKNPS1862M AARPJ0168P
related party
Enterprises which are owned,
or have significant influence
Description of nature of Relatives of Key management Relatives of Key management
of or are partners with Key Key Management Personnel
related party relationship personnel personnel
management personnel and
their relatives
Loans & Advances Received Remuneration Booking
transactions with related Interest Paid
Booking Other receivables Debtors
Debtors Sales Other receivable
party
[Abstract]
Revenue from sale of goods
related party 1,60,00,000
transactions
Interest paid during year
related party 2,06,96,666
transactions
Transaction relating to key
management personnel
[Abstract]
Remuneration for key
15,50,496
managerial personnel
related party
Amounts receivable related
1,04,550 77,98,000
party transactions
Maximum amount payable
to related party during 13,62,31,500 7,92,000
period
Maximum amount
receivable from related party 6,84,000 35,20,000 1,89,42,000
during period
period in respect
0 0 0 0
parties
Amount written back during
period in respect 0 0 0 0
of debts due to related parties
68

Categories of related parties
CategoriesOfRelatedParties9 CategoriesOfRelatedParties10 CategoriesOfRelatedParties11 CategoriesOfRelatedParties12
[Axis]
01/04/2016 01/04/2016 01/04/2017 01/04/2017
to to to to
31/03/2017 31/03/2017 31/03/2018 31/03/2018
Disclosure of relationship
and transactions between
Idee Fixe Designs & Sunshine Tracon Private Sunshine Technobuild Private
Name of related party Communication Pvt Ltd
Evergreen Enterprises
Limited Limited
Country of incorporation
or residence of related INDIA INDIA INDIA INDIA
party
Permanent account
AACCI0337D AADFE8617J AAGCS8868M AAMCS1390Q
number of related party
Enterprises which are owned, or
have significant influence of or
Description of nature of Relatives of Key management
Associate Associate are partners with Key
related party relationship personnel
their relatives
transactions with related Selling & Marketing Brokerage Paid DEBENTURE ISSUED LOANS & ADVANCES
party
[Abstract]
Services received related
1,28,216 3,507
party transactions
related party
Amounts payable related
50,00,000
party transactions
Amounts receivable
2,01,86,998
related party transactions
Maximum amount
payable to related party during 50,00,000
period
Maximum amount
receivable from related party 2,01,86,998
during period
period in respect
0 0 0 0
parties
Amount written back
during period in respect
0 0 0 0
of debts due to related
parties
69

[Axis]
01/04/2017 01/04/2017 01/04/2017 01/04/2017
to to to to
31/03/2018 31/03/2018 31/03/2018 31/03/2018
Sunshine Housing & Sunshine Global Technologies
Name of related party Infrastructure Pvt. Ltd. Private Limited
Sabari Realty Pvt Ltd Pravina Mehta
party
Permanent account
AAHCS9380H AAACM3882F AALCS1892A AEBPV2929N
Enterprises which are owned, or
Description of nature of Relatives of Key management
Holding company Associate are partners with Key
their relatives
Description of nature of RENT PAID, LOGO
transactions with related ROYALTY PAID, TRADE Loans & Advances Received BORROWINGS BOOKING
party PAYABLES
Related party
Services received
17,000
related party
Amounts payable
20,060 1,22,463 14,64,98,659 6,84,000
Amounts receivable
0
Maximum amount
payable to related party during 20,060 2,72,463 15,43,48,659 6,84,000
period
Amount written off
0 0 0 0
parties
Amount written back
0 0 0 0
parties
70

[Axis]
01/04/2017 01/04/2017 01/04/2017 01/04/2017
to to to to
31/03/2018 31/03/2018 31/03/2018 31/03/2018
Name of related party Mayurpankh Properties Pvt Ltd Mahesh N. Joglekar KASHYAP MEHTA HUF Evergreen Enterprises
party
Permanent account
AAACM3795K AARPJ0168P AAEHK7486G AADFE8617J
Enterprises which are owned, or Enterprises which are owned, or
Description of nature of have significant influence of or Relatives of Key management
are partners with Key Key Management Personnel are partners with Key
management personnel and management personnel and
their relatives their relatives
INTEREST RECEIVES , BROKERAGE PAID, TRADE
transactions with related LOANS AND ADVANCES
REMUNERATION, DEBTOR BOOKING
PAYABLES
party
Related party
Services received
3,488
Interest received during
year related party 3,24,91,749
transactions
Transaction relating to
key management personnel
[Abstract]
Remuneration for key
16,55,496
managerial personnel
related party
Amounts payable
28,87,500 9,877
Amounts receivable
30,25,62,041 60,84,000
Maximum amount
payable to related party during 28,87,500 9,877
period
Maximum amount
receivable from related party 31,26,79,292 62,05,315
during period
Amount written off
0 0 0 0
parties
Amount written back
0 0 0 0
parties

01/04/2017 01/04/2016
to to
31/03/2018 31/03/2017
Disclosure of notes on related party explanatory [TextBlock]
Whether there are any related party transactions during year Yes Yes
Whether company is subsidiary company Yes Yes
Section under which company is subsidiary Section 2(87)(ii) Section 2(87)(ii)
71
[201400] Notes - Leases

01/04/2017 01/04/2016
to to
31/03/2018 31/03/2017
Disclosure of leases explanatory [TextBlock]
Whether any operating lease has been converted to financial lease or
No No
vice-versa
[300300] Notes - Earnings per share

01/04/2017 01/04/2016
to to
31/03/2018 31/03/2017
Disclosure of earnings per share explanatory [TextBlock]
Weighted average shares and adjusted weighted average shares [Abstract]
Basic weighted average shares [shares] 50,00,000 [shares] 50,00,000
Adjusted weighted average shares [shares] 50,00,000 [shares] 50,00,000
Diluted weighted average shares [shares] 50,00,000 [shares] 50,00,000
Adjustments of numerator to calculate basic earnings per share [Abstract]
Numerator to calculate basic earnings per share 58,10,534 1,34,61,140
Adjustments of numerator to calculate diluted earnings per share [Abstract]
[202800] Notes - Subsidiary information

01/04/2017
to
31/03/2018
Disclosure of subsidiary information explanatory [TextBlock]
Whether company has subsidiary companies No
Whether company has subsidiary companies which are yet to commence
No
operations
Whether company has subsidiary companies liquidated or sold during year No
[201900] Notes - Income taxes

31/03/2018 31/03/2017
Disclosure of notes on income taxes explanatory [TextBlock]
Disclosure of breakup of deferred tax assets and deferred tax liabilities
[Abstract]
Components of deferred tax liabilities [Abstract]
Deferred tax liability, depreciation 15,066 14,671
Total deferred tax liabilities 15,066 14,671
72
[202400] Notes - Investments in associates

01/04/2017
to
31/03/2018
Disclosure of notes on investment in associates explanatory [TextBlock]
Whether company has invested in associates No
Whether company has associates which are yet to commence operations No
Whether company has associates liquidated or sold during year No
[202500] Notes - Financial reporting of interests in joint ventures

01/04/2017
to
31/03/2018
Disclosure of notes on interests in joint ventures explanatory [TextBlock]
Whether company has invested in joint ventures No
Whether company has joint ventures which are yet to commence operations No
Whether company has joint ventures liquidated or sold during year No
[202100] Notes - Other provisions, contingent liabilities and contingent assets
Disclosure of contingent liabilities [Table] ..(1)

Other contingent liabilities, others
Classes of contingent liabilities [Axis] Other contingent liabilities [Member]
[Member]
01/04/2017 01/04/2016 01/04/2017 01/04/2016
to to to to
31/03/2018 31/03/2017 31/03/2018 31/03/2017
Disclosure of contingent liabilities [Abstract]
Disclosure of contingent liabilities [LineItems]
Indication of uncertainties of amount or [ As Per Member (s)
[ As Per Member (s) ] 0 0
timing of outflows contingent liabilities ]
Estimate of financial effect of contingent
0 0 0 0
liabilities

01/04/2017 01/04/2016
to to
31/03/2018 31/03/2017
Disclosure of notes on other provisions, contingent liabilities and
contingent assets explanatory [TextBlock]
Disclosure of contingent liabilities explanatory [TextBlock] [See below] [See below]
Disclosure of contingent liabilities explanatory [Text Block]

The company has filed a commercial suit (L) No. 280 of 2016 for claiming damages under different heads from erstwhile Director of the
company
& related parties of erstwhile director before Hon. Bombay High Court.Guarantee given Maharashtra Pollution Control Board Rs.1000000. The
Company has given guarantee for Loans taken from Banks and Financial Institution.
73
Disclosure of contingent liabilities explanatory [Text Block]

The company has filed a commercial suit (L) No. 280 of 2016 for claiming damages under different heads from erstwhile Director of the
company & related parties of erstwhile director before Hon. Bombay High Court.Guarantee given Maharashtra Pollution Control Board
Rs.1000000. The Company has given guarantee for Loans taken from Banks and Financial Institution.
[202700] Notes - Cash flow statements

01/04/2017 01/04/2016
to to 31/03/2016
31/03/2018 31/03/2017
Disclosure of cash flow statement explanatory [TextBlock]
Cash and cash equivalents if different from balance sheet [Abstract]
Cash and cash equivalents cash flow statement 87,26,240 4,91,89,511 6,22,13,973
Total cash and cash equivalents 87,26,240 4,91,89,511
Income taxes paid (refund) [Abstract]
Income taxes paid (refund), classified as operating activities 21,87,547 72,30,042
Total income taxes paid (refund) 21,87,547 72,30,042
74
[100200] Statement of profit and loss

01/04/2017 01/04/2016
to to
31/03/2018 31/03/2017
Statement of profit and loss [Abstract]
Disclosure of revenue from operations [Abstract]
Disclosure of revenue from operations for other than finance company
[Abstract]
Revenue from sale of products 0 0
Revenue from sale of services 30,00,80,540 45,39,22,950
Other operating revenues 0 0
Excise duty 0 0
Service tax collected 0 0
Other duties taxes collected 0 0
Total revenue from operations other than finance company 30,00,80,540 45,39,22,950
Disclosure of revenue from operations for finance company [Abstract]
Revenue from interest 0 0
Revenue from other financial services 0 0
Total revenue from operations finance company 0 0
Total revenue from operations 30,00,80,540 45,39,22,950
Other income 3,67,29,901 2,19,52,060
Total revenue 33,68,10,441 47,58,75,010
Expenses [Abstract]
Cost of materials consumed 10,95,99,960 20,44,89,999
Purchases of stock-in-trade 0 0
Changes in inventories of finished goods, work-in-progress and
6,51,42,377 7,15,88,531
stock-in-trade
Employee benefit expense 88,45,118 1,01,43,484
Finance costs 13,54,48,810 16,28,75,480
Depreciation, depletion and amortisation expense [Abstract]
Depreciation expense 0 23,326
Amortisation expense 0 0
Depletion expense 0 0
Total depreciation, depletion and amortisation expense 0 23,326
Expenditure on production, transportation and other expenditure
0 0
pertaining to exploration and production activities
CSR expenditure 0 0
Other expenses 97,63,247 35,95,368
Total expenses 32,87,99,512 45,27,16,188
Total profit before prior period items, exceptional items, extraordinary
80,10,929 2,31,58,822
items and tax
Exceptional items before tax 0 0
Total profit before extraordinary items and tax 80,10,929 2,31,58,822
Extraordinary items before tax 0 0
Total profit before tax 80,10,929 2,31,58,822
Tax expense [Abstract]
Current tax 22,00,000 97,03,385
Deferred tax 395 -5,703
Total tax expense 22,00,395 96,97,682
Total profit (loss) for period from continuing operations 58,10,534 1,34,61,140
Profit (loss) from discontinuing operations before tax 0 0
Tax expense of discontinuing operations 0 0
Total profit (loss) from discontinuing operation after tax 0 0
Total profit (loss) for period before minority interest 58,10,534 1,34,61,140
Total profit (loss) for period 58,10,534 1,34,61,140
Additional disclosure on discontinuing operations [Abstract]
Pre-tax gain or loss recognised on disposal of assets or
settlement of liabilities attributable to discontinuing 0 0
operations
Earnings per equity share [Abstract]
75
Basic earning per equity share [INR/shares] 1.16 [INR/shares] 2.69

Diluted earnings per equity share [INR/shares] 1.16 [INR/shares] 2.69
Basic earning per equity share before extraordinary items [INR/shares] 1.16 [INR/shares] 2.69
Diluted earnings per equity share before extraordinary items [INR/shares] 1.16 [INR/shares] 2.69
Nominal value of per equity share [INR/shares] 10 [INR/shares] 10
76
[300500] Notes - Subclassification and notes on income and expenses

01/04/2017 01/04/2016
to to
31/03/2018 31/03/2017
Subclassification and notes on income and expense explanatory [TextBlock]
Disclosure of revenue from sale of products [Abstract]
Revenue from sale of products [Abstract]
Revenue from sale of products, gross 0 0
Total revenue from sale of products 0 0
Disclosure of revenue from sale of services [Abstract]
Revenue from sale of services [Abstract]
Revenue from sale of services, gross 30,00,80,540 45,39,22,950
Total revenue from sale of services 30,00,80,540 45,39,22,950
Disclosure of other operating revenues [Abstract]
Other operating revenues [Abstract]
Net gain/loss on foreign currency fluctuations treated as other
0 0
operating revenue
Total other operating revenues 0 0
Disclosure of other income [Abstract]
Interest income [Abstract]
Interest income on current investments [Abstract]
Interest on fixed deposits, current investments 24,57,843 19,47,264
Interest from customers on amounts overdue, current investments 0 0
Interest on current intercorporate deposits 3,24,91,749 0
Interest on current debt securities 0 0
Interest on current government securities 0 0
Interest on other current investments 0 0
Total interest income on current investments 3,49,49,592 19,47,264
Interest income on long-term investments [Abstract]
Interest on fixed deposits, long-term investments 0 0
Interest from customers on amounts overdue, long-term investments 0 0
Interest on long-term intercorporate deposits 0 0
Interest on long-term debt securities 0 0
Interest on long-term government securities 0 0
Interest on other long-term investments 0 0
Total interest income on long-term investments 0 0
Total interest income 3,49,49,592 19,47,264
Dividend income [Abstract]
Dividend income current investments [Abstract]
Dividend income current investments from subsidiaries 0 0
Dividend income current equity securities 0 0
Dividend income current mutual funds 0 0
Dividend income current investments from others 0 0
Total dividend income current investments 0 0
Dividend income long-term investments [Abstract]
Dividend income long-term investments from subsidiaries 0 0
Dividend income long-term equity securities 0 0
Dividend income long-term mutual funds 0 0
Dividend income long-term investments from others 0 0
Total dividend income long-term investments 0 0
Total dividend income 0 0
Net gain/loss on sale of investments [Abstract]
Net gain/loss on sale of current investments 0 0
Net gain/loss on sale of long-term investments 0 0
Total net gain/loss on sale of investments 0 0
Rental income on investment property [Abstract]
Rental income on investment property, current 0 0
Rental income on investment property, long-term 0 0
Total rental income on investment property 0 0
Other non-operating income [Abstract]
77
Net gain/loss on foreign currency fluctuations treated as other

0 0
income
Surplus on disposal, discard, demolishment and destruction of
0 0
depreciable tangible asset
Gain on disposal of intangible asset 0 0
Amount credited to profit and loss as transfer from
revaluation reserve on account of additional 0 0
depreciation charged on revalued tangible assets
Excess provision diminution in value investment written back 0 0
Excess provisions bad doubtful debts advances written back 0 0
Income government grants subsidies 0 0
Income export incentives 0 0
Income import entitlements 0 0
Income insurance claims 0 0
Income from subsidiaries 0 0
Interest on income tax refund 1,01,196 4,21,071
Income on brokerage commission 0 0
Income on sales tax benefit 0 0
Excess provisions written back 0 0
Liabilities written off 0 0
Other allowances deduction other income 0 0
Miscellaneous other non-operating income 16,79,113 1,95,83,725
Total other non-operating income 17,80,309 2,00,04,796
Income from pipeline transportation 0 0
Total other income 3,67,29,901 2,19,52,060
Share other income joint ventures 0 0
Disclosure of finance cost [Abstract]
Interest expense [Abstract]
Interest expense long-term loans [Abstract]
Interest expense long-term loans, banks 12,31,75,069 10,75,32,175
Interest expense long-term loans, others 17,708 2,01,33,267
Total interest expense long-term loans 12,31,92,777 12,76,65,442
Interest expense short-term loans [Abstract]
Interest expense short-term loans, banks 0 0
Interest expense short-term loans, others 0 0
Total interest expense short-term loans 0 0
Interest expense deposits 0 0
Interest expense debt securities 0 52,06,083
Interest expense other borrowings 0 0
Interest expense borrowings 0 0
Interest lease financing 0 0
Other interest charges 4,63,602 5,71,739
Total interest expense 12,36,56,379 13,34,43,264
Other borrowing costs 1,17,92,431 2,94,32,216
Net gain/loss on foreign currency transactions and translations
0 0
treated as finance costs
Total finance costs 13,54,48,810 16,28,75,480
Share finance costs joint ventures 0 0
Employee benefit expense [Abstract]
Salaries and wages 65,75,593 80,11,157
Managerial remuneration [Abstract]
Remuneration to directors [Abstract]
Salary to directors 16,55,496 15,50,496
Commission to directors 0 0
Other benefits to directors 0 0
Total remuneration to directors 16,55,496 15,50,496
Remuneration to manager [Abstract]
Salary to manager 0 0
Commission to manager 0 0
Other benefits to manager 0 0
Total remuneration to manager 0 0
Total managerial remuneration 16,55,496 15,50,496
Contribution to provident and other funds [Abstract]
Contribution to provident and other funds for contract labour 0 0
Contribution to provident and other funds for others 3,19,341 3,51,403
78
Total contribution to provident and other funds 3,19,341 3,51,403

Expense on employee stock option scheme and employee stock purchase plan 0 0
Commission employees 0 0
Employee medical insurance expenses 0 0
Leave encashment expenses 0 0
Gratuity 1,64,484 89,558
Pension schemes 0 0
Voluntary retirement compensation 0 0
Other retirement benefits 0 0
Staff welfare expense 1,30,204 1,40,870
Other employee related expenses 0 0
Total employee benefit expense 88,45,118 1,01,43,484
Share employee benefit expense joint ventures 0 0
Breakup of other expenses [Abstract]
Consumption of stores and spare parts 0 0
Power and fuel 0 0
Rent 12,000 13,800
Repairs to building 260 5,227
Repairs to machinery 21,003 0
Insurance 0 0
Rates and taxes excluding taxes on income [Abstract]
Central excise duty 0 0
Purchase tax 0 0
Other cess taxes 2,500 2,500
Cost taxes other levies by government local authorities 0 0
Provision wealth tax 0 0
Total rates and taxes excluding taxes on income 2,500 2,500
Research development expenditure 0 0
Subscriptions membership fees 0 0
Electricity expenses 2,540 3,985
Telephone postage 14,821 27,401
Printing stationery 22,495 22,589
Information technology expenses 0 0
Travelling conveyance 9,461 17,467
Catering canteen expenses 0 0
Entertainment expenses 0 0
Legal professional charges 59,21,000 18,69,742
Training recruitment expenses 0 0
Vehicle running expenses 52,449 64,709
Safety security expenses 0 0
Directors sitting fees 0 0
Commission to directors other than whole time director or managing
0 0
director or manager
Donations subscriptions 48,300 1,100
Books periodicals 0 0
Seminars conference expenses 0 0
Registration filing fees 2,87,334 1,65,743
Custodial fees 0 0
Bank charges 0 0
Guest house expenses 0 0
Advertising promotional expenses 31,49,600 9,57,381
After sales service expenses 0 0
Warranty claim expenses 0 0
Commission paid sole selling agents 0 0
Commission paid other selling agents 0 0
Commission paid sole buying agents 0 0
Transportation distribution expenses 0 0
Secondary packing expenses 0 0
Discounting charges 0 0
Guarantee commission 0 0
Cost repairs maintenance other assets 0 0
Cost transportation [Abstract]
Cost freight 0 0
Cost octroi 0 0
Cost loading and unloading 0 0
79
Cost other transporting 0 0

Total cost transportation 0 0
Cost lease rentals 0 0
Cost effluent disposal 0 0
Provision for cost of restoration 0 0
Cost warehousing 0 0
Cost water charges 0 0
Cost technical services 0 0
Cost royalty 0 0
Provision bad doubtful debts created 5,000 5,750
Provision bad doubtful loans advances created 0 0
Adjustments to carrying amounts of investments [Abstract]
Provision diminution value current investments created 0 0
Provision diminution value long-term investments created 0 0
Total adjustments to carrying amounts of investments 0 0
Net provisions charged [Abstract]
Provision warranty claims created 0 0
Provision statutory liabilities created 0 0
Provision restructuring created 0 0
Other provisions created 0 0
Total net provisions charged 0 0
Discount issue shares debentures written off [Abstract]
Discount issue shares written off 0 0
Discount issue debentures written off 0 0
Total discount issue shares debentures written off 0 0
Write-off assets [Abstract]
Miscellaneous expenditure written off [Abstract]
Financing charges written off 0 0
Voluntary retirement compensation written off 0 0
Technical know-how written off 0 0
Other miscellaneous expenditure written off 80,646 80,646
Total miscellaneous expenditure written off 80,646 80,646
Fixed assets written off 0 0
Inventories written off 0 0
Investments written off 0 0
Bad debts written off 0 0
Bad debts advances written off 0 0
Other assets written off 0 0
Total write-off assets 80,646 80,646
Loss on disposal of intangible asset 0 0
Loss on disposal, discard, demolishment and destruction of depreciable
0 0
tangible asset
Contract cost [Abstract]
Site labour supervision cost contracts 0 0
Material cost contract 0 0
Depreciation assets contracts 0 0
Cost transportation assets contracts 0 0
Hire charges assets contracts 0 0
Cost design technical assistance contracts 0 0
Warranty cost contracts 0 0
Other claims contracts 0 0
Sale material scrap other assets contracts 0 0
Overhead costs apportioned contracts [Abstract]
Insurance cost apportioned contract 0 0
Design technical assistance apportioned contracts 0 0
Other overheads apportioned contracts 0 0
Total overhead costs apportioned contracts 0 0
Total contract cost 0 0
Cost dry wells 0 0
Operating and maintenance cost of emission and other pollution
0 0
reduction equipments
Payments to auditor [Abstract]
Payment for audit services 1,25,000 2,70,425
Payment for taxation matters 0 0
Payment for company law matters 0 0
80
Payment for other services 0 0

Payment for reimbursement of expenses 0 0
Total payments to auditor 1,25,000 2,70,425
Payments to cost auditor [Abstract]
Payment for cost audit charges 0 0
Payment for cost compliance report 0 0
Payment for other cost services 0 0
Payment to cost auditor for reimbursement of expenses 0 0
Total payments to cost auditor 0 0
Miscellaneous expenses 8,838 86,903
Total other expenses 97,63,247 35,95,368
Breakup of expenditure on production, transportation and other
expenditure pertaining to exploration and production activities
[Abstract]
Royalty pertaining to exploration and production activities 0 0
Cess pertaining to exploration and production activities 0 0
Education cess pertaining to exploration and production activities 0 0
National calamity contingency duty pertaining to exploration and
0 0
production activities
Extraction cost pertaining to exploration and production activities 0 0
Sales tax pertaining to exploration and production activities 0 0
Geological and geophysical expenditure pertaining to exploration and
0 0
Administrative expenditure pertaining to exploration and production
0 0
activities
Research and development expenditure pertaining to exploration and
0 0
Pipeline operation and maintenance expenditure pertaining to
0 0
exploration and production activities
Other expenditure pertaining to exploration and production activities 0 0
Total expenditure on production, transportation and other
0 0
expenditure pertaining to exploration and production activities
Current tax [Abstract]
Current tax pertaining to previous years 0 79,03,385
Current tax pertaining to current year 22,00,000 18,00,000
MAT credit recognised during year 0 0
Total current tax 22,00,000 97,03,385
81
[300600] Notes - Additional information statement of profit and loss

01/04/2017 01/04/2016
to to
31/03/2018 31/03/2017
Additional information on profit and loss account explanatory [TextBlock]
Changes in inventories of work-in-progress 6,51,42,377 7,15,88,531
Total changes in inventories of finished goods, work-in-progress and
6,51,42,377 7,15,88,531
stock-in-trade
Exceptional items before tax 0 0
Total exceptional items 0 0
Attachment of property of enterprise 0 0
Total extraordinary items before tax 0 0
Total extraordinary items 0 0
Total exceptional and extraordinary items 0 0
Revenue infrastructure services 30,00,80,540 45,39,22,950
Revenue foreign contracts 0 0
Total revenue contracts 0 0
Total gross income from services rendered 30,00,80,540 45,39,22,950
Write down of inventories to net realizable value 0 0
Value of imports of raw materials 0 0
Total value of imports calculated on CIF basis 0 0
Expenditure on royalty 0 0
Expenditure on dividend paid 0 0
Total expenditure in foreign currency 0 0
Final dividend remitted in foreign currency 0 0
Total amount of dividend remitted in foreign currency 0 0
FOB value of manufactured goods exported 0 0
Total earnings on export of goods calculated on FOB basis 0 0
Earnings on royalty 0 0
Total earnings on royalty, know-how, professional and
0 0
consultation fees
Earnings on interest 0 0
Total earnings on interest and dividend 0 0
Total earnings in foreign currency 0 0
Domestic sale manufactured goods 0 0
Total domestic turnover goods, gross 0 0
Export sale manufactured goods 0 0
Total export turnover goods, gross 0 0
Total revenue from sale of products 0 0
Domestic revenue services 30,00,80,540 45,39,22,950
Export revenue services 0 0
Total revenue from sale of services 30,00,80,540 45,39,22,950
Gross value of transaction with related parties as per AS-18 3,41,67,733 3,88,55,935
Bad debts of related parties as per AS-18 0 0
[300100] Notes - Revenue

01/04/2017 01/04/2016
to to
31/03/2018 31/03/2017
Disclosure of revenue explanatory [TextBlock] [See below] [See below]
82
Disclosure of revenue explanatory [Text Block]

Revenue recognition (i) Revenue from Construction Activity: The Company follows the percentage of project completion method for its projects.
recognised prospectively in the period in which such changes are determined. Revenue from sale of finished properties / buildings is recognized
on transfer of property and once significant risks and rewards of ownership have been transferred to the buyer. (ii) Others: Other revenue /
income and cost / expenditure are generally accounted on accrual, as they are earned or incurred.
Disclosure of revenue explanatory [Text Block]

Revenue recognition
(ii) Others:
[300700] Notes - Key managerial personnels and directors remuneration and other information
Disclosure of key managerial personnels and directors and remuneration to key managerial personnels and directors [Table] ..(1)
Key managerial personnels and directors [Axis] Directors1 Directors2 Directors3
01/04/2017 01/04/2017 01/04/2017
to to to
31/03/2018 31/03/2018 31/03/2018
Disclosure of key managerial personnels and directors and
remuneration to key managerial personnels and directors [Abstract]
Disclosure of key managerial personnels and directors and
remuneration to key managerial personnels and directors
[LineItems]
Kashyap Kanaiyalal Mahesh Narayan
Name of key managerial personnel or director Mehta
Atul Shamji Bharani
Joglekar
Director identification number of key managerial personnel or
00069357 00069419 02955759
director
Permanent account number of key managerial personnel or director AAFPM4290H AAGPB8949M AARPJ0168P
Date of birth of key managerial personnel or director 16/11/1970 17/02/1956 28/08/1959
Designation of key managerial personnel or director Managing Director Director Director
Civil Engineer
Qualification of key managerial personnel or director (DCE)
BSC MCOM
Shares held by key managerial personnel or director [shares] 47 [shares] 0 [shares] 0

Key managerial personnel or director remuneration [Abstract]
Gross salary to key managerial personnel or director [Abstract]
Salary key managerial personnel or director 0 0 16,55,496
Gross salary to key managerial personnel or director 0 0 16,55,496
Total key managerial personnel or director remuneration 0 0 16,55,496
83
[301000] Notes - Corporate social responsibility

01/04/2017
to
31/03/2018
Disclosure of corporate social responsibility explanatory [TextBlock]
Whether provisions of corporate social responsibility are applicable on
No
company
84

XBRL Financial Statements Duly Authenticated As Per Section 134 (Including Board

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XBRL Financial Statements Duly Authenticated As Per Section 134 (Including Board

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SUNSHINE HOUSING PRIVATE LIMITED

Standalone Financial Statements for period 01/04/2017 to 31/03/2018

[400100] Disclosure of general information about company

Disclosure of principal product or services [Table] ..(1)

[400400] Disclosures - Directors report

Details of directors signing board report [Table] ..(1)

Unless otherwise specified, all monetary values are in INR

Textual information (1)

Disclosure in board of directors report explanatory [Text Block]

1. Mr. Atul Shamji Bharani - Managing Director (DIN-00069419)

1. FINANCIAL STATEMENTS & RESULTS:

Particulars For the financial year ended

The Company continues to be engaged in the activities pertaining to Real Estate.

d. UNPAID DIVIDEND & IEPF:

The Company has not transferred any amount to General Reserve.

f. REPORT ON PERFORMANCE OF SUBSIDIARIES, ASSOCIATES AND JOINT VENTURE COMPANIES:

h. PARTICULAR OF CONTRACTS OR ARRANGEMENT WITH RELATED PARTIES

k. PARTICULARS OF INVESTMENTS, LOANS, GUARANTEES AND SECURITIES:

l. DISCLOSURES UNDER SECTION 134(3)(l) OF THE COMPANIES ACT, 2013:

m. DISCLOSURE OF INTERNAL FINANCIAL CONTROLS:

2. MATTERS RELATED TO DIRECTORS AND KEY MANAGERIAL PERSONNEL

a) BOARD OF DIRECTORS & KEY MANAGERIAL PERSONNEL

i. Retirement by rotation as on:

The Board hereby recommends re-appointment of all directors to the shareholders.

3. DISCLOSURES RELATED TO BOARD,COMMITTEES AND POLICIES

4. AUDITORS AND REPORTS

The matters related to Auditors and their Reports are as under:

Reply to auditor’s Qualification:

c. REPORTING OF FRAUDS BY STATUTORY AUDITORS UNDER SECTION 143(12):

a. DISCLOSURE OF ORDERS PASSED BY REGULATORS OR COURTS OR TRIBUNAL

b. DIRECTOR’S RESPONSIBILITY STATEMENT:

c. DISCLOSURE REGARDING INTERNAL COMPLAINTS COMMITTEE:

d. DISCLOSURE UNDER SECTION 43(a)(ii) OF THE COMPANIES ACT, 2013:

e. DISCLOSURE UNDER SECTION 54(1)(d) OF THE COMPANIES ACT, 2013:

f. DISCLOSURE UNDER SECTION 62(1)(b) OF THE COMPANIES ACT,2013:

g. DISCLOSURE UNDER SECTION 67(3) OF THE COMPANIES ACT,2013:

6. ACKNOWLEDGEMENTS AND APPRECIATION:

For and on behalf of the Board

Sunshine Plaza, 6th Floor, Naigaum

Tel No. 43404900 Fax No. 43404959

(A) Conservation of energy:

Steps taken or impact on conservation of energy

Steps taken by the company for utilizing alternate sources of energy

Capital investment on energy conservation equipments

(B) Technology absorption:

Efforts made towards technology absorption

• Details of technology imported

(C) Foreign exchange earnings and Outgo:

April 01, 2017 to

For and on behalf of the Board

Form No. MGT-9

I. REGISTRATION AND OTHER DETAILS:

Whether listed company : No

II. PRINCIPAL BUSINESS ACTIVITIES OF THE COMPANY

Sl. No. Name and

III. PARTICULARS OF HOLDING, SUBSIDIARY AND ASSOCIATE COMPANIES

I SHARE HOLDING PATTERN (Equity Share Capital Breakup as percentage of Total

i. Category-wise Share Holding:

ii. SHAREHOLDING OF PROMOTERS:

iii. CHANGE IN PROMOTERS’ SHAREHOLDING:

There is no change in Promoters’ Shareholding during the year.

v. SHAREHOLDING OF DIRECTORS AND KEY MANAGERIAL PERSONNEL:

III REMUNERATION OF DIRECTORS AND KEY MANAGERIAL PERSONNEL: