(2173 SHANTHI GEARS LIMITED Se; 1 day ago¢  Shanthi Gears Limited CIN: L29130TZ1972PLC000649 Regd. Office:

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  • (2173 SHANTHI GEARSLIMITED Se;

    Regd. Office: Phone: +91-422-4545745 muUrugappa 304-A, Trichy Road, Fax : +91-422-4545700 Singanallur E-mail : info@shanthigears.murugappa.com Coimbatore - 641 005 Website : www.shanthigears.com

    CIN : L29130TZ1972PLC000649 GST > 33AADCS0692L1Z7

    May 26, 2020

    National Stock Exchangeof India Ltd, BSE Ltd, Exchange Plaza, 5th Floor, 1st Floor, Plot No. C/1, G Block, New Trading Ring, Rotunda Building, Bandra-Kurla Complex, P J Towers, Dalal Street, Bandra (E) Fort, Mumbai-400 051. Mumbai- 400 001.

    Stock Code: SHANTIGEAR Stock Code: 522034 Through NEAPS Through BSEListing Centre

    Total 11 pages (including coveringletter) DearSir,

    Sub: Outcome of Board Meeting

    Further to our letter dated 20th May,2020, we write to inform that at the meeting held today (26 May, 2020), the Board of Directors of the Company have approved the following:

    |

    1) Audited Financial Results for the financial year ended 31st March, 2020

    The Board of Directors of the Company, at their meeting held today (268 May, 2020), approved the audited financial results for the financial year ended 31st March, 2020.

    Accordingly, pursuant to Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”) we enclose the following:

    i) Statement showing the Audited Financial Results for the quarter and year ended 31st March, 2020;

    ii) Auditor’s Report from the Statutory Auditors, M/s. Deloitte Haskins & Sells on the above financial results;

    Further, as required under Clause 4.1 of SEBI’s circular dated 27th May,2016, we confirm that the Statutory Auditors of the Company have issued the Report on the audited financial results of the Companyfor the year ended 31st March,2020, with unmodified opinion.

    This is for your records and for uploading in your website. A copy of the samewill be uploaded in the Company’s website www.shanthigears.com. An extract of the aforesaid financial results in the manner prescribed under the SEBI Listing Regulations will be published in English and Tamil newspapers within time stipulated.

    A copy of the press release made with regard to the audited financial results for the quarter and year ended 31st March, 2020 is enclosed.

    e IRISS Works: “C” Unit, Avinashi Road, Muthugounden Pudur Post, Coimbatore - 641 406, India. “ Tel: +91 422 4545745 / Fax: +91 422 4545700 / Mobile: +91°96262 60500(8 Lines)

    ary 22163 Brie

    BUREAU VERITAS Oey

    ALLAGREEMENTS CONTINGENT UPON STRIKES, ACCIDENTS AND OTHER CONDITIONS BEYOND OUR CONTROL. ALL CONTRACTS ARE SUBJECT TO

    APPROVALBY AN OFFICER OF THE COMPANY. SUBJECT TO COIMBATORE JURISDICTION

    (2173 SHANTHI GEARSLIMITED Se;

    Regd. Office: Phone: +91-422-4545745 muUrugappa 304-A, Trichy Road, Fax : +91-422-4545700 Singanallur E-mail : info@shanthigears.murugappa.com Coimbatore - 641 005 Website : www.shanthigears.com

    CIN : L29130TZ1972PLC000649 GST > 33AADCS0692L1Z7

    May 26, 2020

    National Stock Exchangeof India Ltd, BSE Ltd, Exchange Plaza, 5th Floor, 1st Floor, Plot No. C/1, G Block, New Trading Ring, Rotunda Building, Bandra-Kurla Complex, P J Towers, Dalal Street, Bandra (E) Fort, Mumbai-400 051. Mumbai- 400 001.

    Stock Code: SHANTIGEAR Stock Code: 522034 Through NEAPS Through BSEListing Centre

    Total 11 pages (including coveringletter) DearSir,

    Sub: Outcome of Board Meeting

    Further to our letter dated 20th May,2020, we write to inform that at the meeting held today (26 May, 2020), the Board of Directors of the Company have approved the following:

    |

    1) Audited Financial Results for the financial year ended 31st March, 2020

    The Board of Directors of the Company, at their meeting held today (268 May, 2020), approved the audited financial results for the financial year ended 31st March, 2020.

    Accordingly, pursuant to Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”) we enclose the following:

    i) Statement showing the Audited Financial Results for the quarter and year ended 31st March, 2020;

    ii) Auditor’s Report from the Statutory Auditors, M/s. Deloitte Haskins & Sells on the above financial results;

    Further, as required under Clause 4.1 of SEBI’s circular dated 27th May,2016, we confirm that the Statutory Auditors of the Company have issued the Report on the audited financial results of the Companyfor the year ended 31st March,2020, with unmodified opinion.

    This is for your records and for uploading in your website. A copy of the samewill be uploaded in the Company’s website www.shanthigears.com. An extract of the aforesaid financial results in the manner prescribed under the SEBI Listing Regulations will be published in English and Tamil newspapers within time stipulated.

    A copy of the press release made with regard to the audited financial results for the quarter and year ended 31st March, 2020 is enclosed.

    e IRISS Works: “C” Unit, Avinashi Road, Muthugounden Pudur Post, Coimbatore - 641 406, India. “ Tel: +91 422 4545745 / Fax: +91 422 4545700 / Mobile: +91°96262 60500(8 Lines)

    ary 22163 Brie

    BUREAU VERITAS Oey

    ALLAGREEMENTS CONTINGENT UPON STRIKES, ACCIDENTS AND OTHER CONDITIONS BEYOND OUR CONTROL. ALL CONTRACTS ARE SUBJECT TO

    APPROVALBY AN OFFICER OF THE COMPANY. SUBJECT TO COIMBATORE JURISDICTION

  • |(S76 ~SHANTHIGEARS LIMITED 28 Regd. Office : Phone: +91-422-4545745 murugappa

    304-A, Trichy Road, Fax : +91-422-4545700 Singanallur E-mail : info@shanthigears.murugappa.com

    Coimbatore - 641 005 Website : www.shanthigears.com

    CIN : L29130TZ1972PLC000649

    GST : 33AADCS0692L127

    2) Closure of Register of Members

    Please note that the share transfer books of the Company will remain closed from Saturday, 12t» July, 2020 to Tuesday, 21st July,2020 (both days inclusive) for the purpose of ensuing 47th Annual General Meeting.

    3) 47% Annual General Meeting

    The 47th Annual General Meeting of Members of the Company will be held on Tuesday, 21st July,2020.

    For your information, the Board Meeting commenced at 1.15 P.M. and concluded at 3.20 P.M.

    Please take the above on yourrecord.

    Thanking you,

    Yoursfaithfully, For SHANTHI GEARS LIMITED

    1 7

    C. Subramaniam CompanySecretary

    Encl: As above

    Stina IRISS— Works: “C” Unit, Avinashi Road, Muthugounden Pudur Post, Coimbatore - 641 406, India.

    ce — Tel: +91 422 4545745 / Fax: +91 422 4545700 / Mobile: +91 96262 60500(8 Lines)

    OUR CONTROL. ALL CONTRACTS ARE SUBJECT TOGREEMENTS CONTINGENT UPON STRIKES, ACCIDENTS AND OTHER CONDITIONS BEYOND wee APPROVAL BY AN OFFICER OF THE COMPANY. SUBJECT TO COIMBATORE JURISDICTION

    |(S76 ~SHANTHIGEARS LIMITED 28 Regd. Office : Phone: +91-422-4545745 murugappa

    304-A, Trichy Road, Fax : +91-422-4545700 Singanallur E-mail : info@shanthigears.murugappa.com

    Coimbatore - 641 005 Website : www.shanthigears.com

    CIN : L29130TZ1972PLC000649

    GST : 33AADCS0692L127

    2) Closure of Register of Members

    Please note that the share transfer books of the Company will remain closed from Saturday, 12t» July, 2020 to Tuesday, 21st July,2020 (both days inclusive) for the purpose of ensuing 47th Annual General Meeting.

    3) 47% Annual General Meeting

    The 47th Annual General Meeting of Members of the Company will be held on Tuesday, 21st July,2020.

    For your information, the Board Meeting commenced at 1.15 P.M. and concluded at 3.20 P.M.

    Please take the above on yourrecord.

    Thanking you,

    Yoursfaithfully, For SHANTHI GEARS LIMITED

    1 7

    C. Subramaniam CompanySecretary

    Encl: As above

    Stina IRISS— Works: “C” Unit, Avinashi Road, Muthugounden Pudur Post, Coimbatore - 641 406, India.

    ce — Tel: +91 422 4545745 / Fax: +91 422 4545700 / Mobile: +91 96262 60500(8 Lines)

    OUR CONTROL. ALL CONTRACTS ARE SUBJECT TOGREEMENTS CONTINGENT UPON STRIKES, ACCIDENTS AND OTHER CONDITIONS BEYOND wee APPROVAL BY AN OFFICER OF THE COMPANY. SUBJECT TO COIMBATORE JURISDICTION

  • Shanthi Gears Limited

    CIN: L29130TZ1972PLC000649 Regd. Office: 304-A, Trichy Road, Singanallur, Coimbatore-641005. Tel: +91-422-4545745 Fax: +91-422-4545700

    Email: cs@shanthigears.murugappa.com, Website:www.shanthigears.com Statementof Financial Results for the Quarter and Year Ended 31 March 2020

    Financial Information = Crores

    Quarter ended Year ended SINo Particulars 31.03.2020 31.12.2019 31.03.2019 31.03.2020 31.03.2019

    (Refer Note 8) Unaudited (Refer Note 8) Audited Audited 1 Revenue from Operations 41.61 58.02 60.10 242,29 241.68

    Other Income 1.80 1.57 2.57 6.53 11.80 Total Income 43.41 59.59 62.67 248.82 253.48

    2 Expenses

    (a) Cost of materials consumed 24.51 24.25 32.35 111.98 115.76 (b) Changesin Inventories of finished goods and work-in- (4.96) 245 (2.44) 3.81 (7.88) progress

    (c) Employee benefits expense 11.60 12.38 11.56 48.23 45.40 (d) Depreciation and amortisation expense 2.08 2.10 2.19 8.39 10.62 (e) Other expenses 9.69 11.01 11.35 43.72 47.12 Total Expenses 42.92 51.89 55.01 216.13 211.02

    3 Profit before tax (1-2) 0.49 7.70 7.66 32.69 42.46 4 Tax Expense

    Current tax (0.10) 0.97 1.45 6.21 8.20 Deferred tax (0.70) 0.64 0.20 1.29 0.91 Total tax expense (0.80) 1.61 1.65 7.50 9.11

    5 Profit for the periods / year after tax (3-4) 1.29 6.09 6.01 25.19 33.35 6 Other Com