6
GRMO/l 0 VERSE! LIMITED Date: 141" February. 2019 To. Department of Corporate Services, Bombay Stock Exchange Limited! Ground Floor, P. J . Towers, Dalal Street Fort, Mumbai- 400001 {Scrip Code: 5314491 Sub: Outcome of Board Meetigg heldon 14‘hFebruarV'. 2019. as er SEBI Listin' 0in ations and Disclosure Re uirements Regulations, 2015 Dear Sin“ MaFam, This is to inform you that the Board of Directors of the Company at its meeting held today Le. M‘hFebmary-g 2019commeuced at 04:00P.M.at its regisrered office to transact the following business: _. Approved Unaudited Quarterly Financial Results of the Company for the Quarter ended on 31S‘December, 2018 pursuant to Regulation 33 of SEBT (Listing Obligations and Disclosure Requirements] Regulations, 2015. ~ Took note of Limited review report for the period on dad on 3 I“Deeember, 2018. Authorization to Mr. AtulGarg for showing-expression of interest in any other entity in liquidation. Authorization to Mr. RohitGarg for execute any document I application of subsidy on new piant at Gandhidham& any document related to loan for the property of Ghandhidham from State Bank of India. P991" The copy of Unaudiied Quarterly Financial Results along with Limited Review Report by the Statutory Auditor of the Company is enclosed herewith. You are requested to take the above on your records and acknowledge the same. For & behalf or GRM 0 ,ERSEAS LIMITED " or GRM Oversea / RohitGarg Mm!“- Director Managing Director DIN: 00673304 3 Ltd. CIN-L74899DL1995PL0064007 Works I Corporate Ofi'ico : Bohnlu Road, Nnr Sugar Mllh. Paniplt-‘l 32103 (Haryana) India. TIL : + 914304652524. 2852476 : 8 K.Il. Stone. Gohano- Rohuk Road, Village Naultha, Panipli- 132103 (Haryanaj India. Fax .' +91-1804653873 Rog Into re d O ffl co : 128. 1st Floor. Shiva Marni. Plum Pura, Nu Delhi-110034 India. Til. +91-11-4?330330 E-mnil I Website : armrlee‘lg'gmailxom lmarmriemeom J“

GRMO/l · Darya Ganj, Institutional Area Gurgaon, New Delhi 110019. India Bandra Kuûa Complex. Karol Bash. Chandigarh-1BU1U1. India New Delhi-110002. INDIA 122002.1ndia ... gun

  • Upload
    others

  • View
    3

  • Download
    0

Embed Size (px)

Citation preview

Page 1: GRMO/l · Darya Ganj, Institutional Area Gurgaon, New Delhi 110019. India Bandra Kuûa Complex. Karol Bash. Chandigarh-1BU1U1. India New Delhi-110002. INDIA 122002.1ndia ... gun

GRMO/l0VERSE!LIMITED

Date: 141" February. 2019

To.

Department of Corporate Services,

Bombay Stock Exchange Limited!

Ground Floor, P. J . Towers,

Dalal Street Fort,Mumbai- 400001

{Scrip Code: 5314491

Sub: Outcome of Board Meetigg heldon 14‘hFebruarV'. 2019. as er SEBI Listin' 0in ations and Disclosure Re uirementsRegulations, 2015

Dear Sin“ MaFam,

This is to inform you that the Board of Directors of the Company at its meeting held today Le. M‘hFebmary-g 2019commeuced at04:00P.M.at its regisrered office to transact the following business:

_. Approved Unaudited Quarterly Financial Results of the Company for the Quarter ended on 31S‘December, 2018 pursuant to

Regulation 33 of SEBT (Listing Obligations and Disclosure Requirements] Regulations, 2015. ~Took note of Limited review report for the period on dad on 3 I“Deeember, 2018.Authorization to Mr. AtulGarg for showing-expression of interest in any other entity in liquidation.

Authorization to Mr. RohitGarg for execute any document I application of subsidy on new piant at Gandhidham& any

document related to loan for the property of Ghandhidham from State Bank of India.

P991"

The copy of Unaudiied Quarterly Financial Results along with Limited Review Report by the Statutory Auditor of the Company isenclosed herewith.

You are requested to take the above on your records and acknowledge the same.

For & behalf or

GRM 0 ,ERSEAS LIMITED

" or GRM Oversea/

RohitGarg Mm!“- Director

Managing DirectorDIN: 00673304

3 Ltd.

CIN-L74899DL1995PL0064007

Works I Corporate Ofi'ico : Bohnlu Road, Nnr Sugar Mllh. Paniplt-‘l 32103 (Haryana) India. TIL : + 914304652524. 2852476: 8 K.Il. Stone. Gohano- Rohuk Road, Village Naultha, Panipli- 132103 (Haryanaj India. Fax .' +91-1804653873

Rog Into re d O ffl co : 128. 1st Floor. Shiva Marni. Plum Pura, Nu Delhi-110034 India. Til. +91-11-4?330330E-mnil I Website : armrlee‘lg'gmailxom lmarmriemeom

J“

Page 2: GRMO/l · Darya Ganj, Institutional Area Gurgaon, New Delhi 110019. India Bandra Kuûa Complex. Karol Bash. Chandigarh-1BU1U1. India New Delhi-110002. INDIA 122002.1ndia ... gun

l Vinod Kumaré‘fim _ _ 'Chartered Accountants' www.vmodlamca.com

Independent Auditor’s Limited Review Report on Unaudited Consolidated and StandaloneQuarterly financial results of GRM OVERSEAS LIMITED pursuant to the regulation 33 of theSEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015

To

The Board of Directors ofGRM OVERSEAS LIMITED

1. We have reviewed the accompanying Statement of Unaudited Consolidated and StandaloneFinancial Results of GRM OVERSEAS LIMITED ("the Company"), for the Quarter and ninemonths ended 31St December 2018 ("the Statement"), being submitted by the Company pursuant tothe requirement of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements)Regulations, 2015, as modified by Circular No. ClR/CFD/FAC/62/2016 dated 5th July 2016.This Statement which is the responsibility of the Company's Management has been prepared inaccordance with the recognition and measurement principles laid down in the Indian AccountingStandard 34 "Interim Financial Reporting" ("Ind AS 34"), prescribed under Section 133 of theCompanies Act, 2013 read with relevant rules issued thereunder and other accounting principlesgenerally accepted in India and approved by the Board of Directors of the Company. Ourresponsibility is to issue a report on the Statement based on our review.2. We conducted our review of the Statement in accordance with the Standard on ReviewEngagements (SRE) 2410 'Review of Interim Financial Information Performed by the IndependentAuditor of the Entity', issued by the Institute of Chartered Accountants of India. This Standardrequires that we plan and perform the review to obtain moderate assurance as to whether theStatement is free of material misstatement. A review is limited primarily to inquiries of Companypersonnel and analytical procedures applied to financial data and thus provides less assurance thanan audit. We have not performed an audit and, accordingly, we do not express an audit opinion.

and Disclosure Requirements) Regulations, 2015, as modified by Circular No. ClR/CFD/FAC/62/2016 dated St" July, 2016, including the manner in which it is to be disclosed, or that itcontains any material misstatement.4. The comparative financial results of the company for the quarter and nine months ended 315'December 2017, included in these financial results, was reviewed by another Firm of CharteredAccountants, being the predecessor auditors, who, vide their report dated 14'h February 20l8expressed unmodified conclusion on these financial results. Our conclusion is not modified inrespect ofthis matter.

For Vinod Kumar & AssociatesChartered AccoyntantsFRN-002304 3 - ;:;_;'\~3 - ‘

e, '\..~/ A

/@"60 11. c 0‘37M.No. 511741 “-Date: l4"I February, 2019

Head office: nnrpnrate Office: Nehru Place: Mumbai: Karol 3391'! “landmark:4696 Brit Bhawan GLOBAL BUSINESS SQUARE 503, Chimnjiv Tower, 201. 2nd floor, 17/1/55, Triveni Plaza, 580-705: 1;: Floor,21A Ansari Road Building No. 32. Sector 44. 43, Nehru Place Madhava Building. Gurudwara Road. NAG Manlmatra ‘Darya Ganj, Institutional Area Gurgaon, New Delhi 110019. India Bandra Kufla Complex. Karol Bash. Chandigarh-1BU1U1. IndiaNew Delhi-110002. INDIA 122002.1ndia +91-11-2522-a712, Bandra East. New Delhl- 110005 Tel : +91-172-5077789.Tel : +B1-11-23288101 Tel : +91-124~4786200 26226933 Mumbai - 400051 . Tel : +91-1145044453 5077790Tel 2+91-22-4974-5253

Page 3: GRMO/l · Darya Ganj, Institutional Area Gurgaon, New Delhi 110019. India Bandra Kuûa Complex. Karol Bash. Chandigarh-1BU1U1. India New Delhi-110002. INDIA 122002.1ndia ... gun

GRMovins‘mumrmtnam

.Wm...”

_GHMQ’

Read.

Off:

128.

first

floor,ShivaMaritgggfitzmyura,Mewficfliiénm

»,

mama

ummmuws:nu.,u

.

"_

.W

3mm

1W1

_,.

Revenuefrom

gperniom

21359SE

1468314

I20, 51721

52.98304

67,888.80

9421

15.3

02052797

I13.8%.“

29.43034

80,320.11

,.

onmmcome

95.80

24.12

11992

.1.15

95801

324.12

$19.92

«1‘«.

3:791”.th

21,4

55.3

614.70722

23,527.21

53002.95

61.22830

911.1122.”

20.513.771'

~135922.166

.20

30.3

4:?

‘games

1-)

Cast

ofmaterialsconsumed

8,004.38

a:73

5,355.09

14,8

28.5

215.71:

6224.05951:

8.004.318

83.73

5.85535

14,828.52

15.73262

24.05153

(h)

1911112113526Bf

stodnn—trade

24.34.80

3.13

8.31

120.060

5135

18951

43.31

8.011

59,951.38

2337

8.6»

!7350.00

18,823.75

3m.“

41,694.56

55.13.31

1t)

Changes

ininvenmfiesof

finished

goods,workm

43.631106

4,048.40

~1876.69

78.29

1865.87

«1709.79

11703.25

3,508.55

4.459.515

4,326.06

1,346.21

4,570.17

121317»:andstadt-ém

1aid

e.

111)

Bfigflm

benefitengage

125.29

123.50

53.5

7379.78

1 27.13?

304.31

120.43

113.77

65.67

360.96

177.67

29351

(«1

Financecosts

200.39

9658

73111

6186

.95

433.53

1,475.52

19834

92.41.

77.11

152554

43753

1.47335

(0Depreciation.depletionanteammgsgtton

expem-

04.44

51.24

$6.11

166.10

1511.1

421.12.89

4:13:15

$1.12

56.71.

145.79

154.14

202,51

ӣ1

OtherExpenses

1.%1.24

1,662.23

3430...»!

5829.22

7,636.56

10,3

09.3

51.909.711

1.38

5.51

319

,208

.35

-.

1'1

me:

1‘

6&3.“

G?mes.

3é,

f19%

1138

‘lfi$41.16

W.

3_matmmWm‘mtmu

m5:

‘m1:

1W1

515.10

same

‘,

man

..

.21

.Exceptionalitems

.~

-,

~.

.~

-13

1ragga:helmm

(342

mu

asses.

gig”

gun

.'

1stave

stun;M

£1501

.m

1mm

Curran:tax

223.45

124.45

74.08

633.00

259.02

536.32

275.45

1211.45

74.08

639.00

259.02

635.34

Detained

tax/(Benefits)

0.57

3.36

~33

31.

£1.8

80.

523.3

6-

3.93

—6.?2

1tomm

exaensesl

276.132

x7731

74.011

651.93

199.01

“3.23%

276%

177.”

“mu

“2.93m

6125;

‘1mmm

Loss)1mm

26!.”

277.21

135.

619

721.5!

550.03

\m

335.“

£18.59

.£11

‘L1H.“

‘ma

1,157.54

1‘:130mmWinston»

netoftaxesi

.’

»“

1Am

vmwhnmg

hamsth

atwill

notbe

classifiedta

Pruitt

82Lo

ss1A12:

metal:

relating

toit

emsth

atwi

ltnotbe

..

<.

..

..

,,

.1reclassified

toPr

att:

or1035

tB(1

)ken“{h

atwiiibere

dass

ifled

toPramor

loss

.2»

-s

..

B

(21

Incometaxtelating

10it

emsthat

m?!he

...

.1.

reda

ssm'

edto

Profitor

Lass

268.

1?277.27

13565

ӣ53

550.09

1.1354?

339.88

‘33-“

‘172.36

1,150thm

,1.57.5.

363.93

363.95

368.

95368.95

368.9S

368.55

368.95

358.95

368.

95368.93:

358.95

7.29]

’73

1'1.

63I

13.56

114.91

32.15

9.211

10;!»

17.39;

2.92

13.

531

19.55]

13.3

3..

32.1

:9.211

mm]

1321

I133

131a

1am;

I1w!

1

F.‘

Page 4: GRMO/l · Darya Ganj, Institutional Area Gurgaon, New Delhi 110019. India Bandra Kuûa Complex. Karol Bash. Chandigarh-1BU1U1. India New Delhi-110002. INDIA 122002.1ndia ... gun

ITheabove

resu

ltshavebeen{e

view

cdby

theAuder(:ommmaean

dammvedbyth

eMan}offlirmmsofmeCnmaanyat

thei

rmeetm

head

onFe

brua

ry14

.20

19.

1Thefinandalmumsampr

epnr

tdin

acco

rdan

cewi

thth

emam

Acco

unti

ngStandams

1111

1041

3)aspzewihedun

derSection133of

theCnmpanit:AG.2613mad

with

sum391me

(Tammie:

(indianAccounting

Stan

dard

s)Ru

nes,2915andCompamas(mamAc

coun

ting

Stan

dard

s)AmendmentRu

in,201$,

3Thecamgarativefinan

ciaireamsof

theCompany

fatth

equ

arterandnine

monthsendedDecember31.2011,mduded

inmew

finan

cial

mums.weremm

bypredecm

auditors

{motherFirm

ofChantrwantanzs),

who,vide

theirrepeats:1

3thFebwauyM.2018expressedanunmodmcondwkm0nthenManda!winks.

"1Mcompany

i;med

1nth

ebusiness

of"niceSh

elia!"

adivflyandhenceha

sun

lyonerepcmbiewaningsegmentas

per1n

dAS103

> Operating

Segment;

5Corremmdingfigures

0!(h

epr

eviaus

per‘vods

fyear

hzvebeenre

grou

p“)and

,lor

reci

asss

fied

tomakexhemco

mpar

able

what

ever

nece

ssar

y.

Dam:

14.02.2019

Page 5: GRMO/l · Darya Ganj, Institutional Area Gurgaon, New Delhi 110019. India Bandra Kuûa Complex. Karol Bash. Chandigarh-1BU1U1. India New Delhi-110002. INDIA 122002.1ndia ... gun

GRMOVERSEAS

yMI'FED,DELHI

cm:massnussspmm

G”M0/!

$4070.12;

FirstFloor,

ShivaMar'l'qet

Pitampu‘ra,NewDelhi-110034

'ommm

._

_IWM

35.5511la'hhs5t

‘n't

dfuhaddlfid'mnmluatedaStandalomfi'lancial"

'far

themartermdnlnemnths-endedBist-Deugnher.2013

-.-

.Canarifla't'ed

-'.

Standalone

=-=-

:Pam,“

"Quarter

a_mlied'.-

._

:r7000mm:

tndgdYear

Endedanswer

Ended_

-:l-Ii‘ae'MbnflIs-Endad

'"

'mirEnded

''

'31.12.2018

30.09.2618

31.12.2017

91.12.2012.--31.12.2017

31:03.2018

31.12.2018

30.09.2018

-31.12.2017

31.12.2010

;31.12.2017

13103-2018

_"

lumdlmd}

1031000113le[Unau'ditedl

-[Unaulllbedl

:IIUnaudited'l.

{Audited}'[Unaudited]

{Unlfidltedl[Ulmdltflfl

[Unludlterl][Unuu'dlmdl

Emit!!!"1

lflevénue''

.'

',

,...

_Revenuefromoperations

21,359.56

14,683.1420.51721

62,983.04

67,888.60

94,415.30

20,527.9713,893.54

20,430.8460,020.11

67,341.95

92,496.03OtherIncome

95.30

24.12-

119.92

-7.15

95.30

24.12113.92

.-

ITotal

‘21,455.35

14,707.2620,517.21

63,102.96

67,883.80

94,422.45

20,623.7713,922.66

20,430.84

_60,140.03

67,341.95

92,496.03.2

Expenses:

Ia!Cast

ofmaterials

cmsuméd

8,004.3333.78

5,355.9914,823.52

15,732.6724,059.53

8,004.3333.78

5,855.9914,828.52

15,732.621435953

[01Purchasesof

Etfltk-ln-trade24,264.80

6,133.3020,003.51

39,789.6143,318.04

60,951.83

23,478.647,950.00

18,823.7633,237.17

41,694.56

56,113.59{cl

Changes

ininventories

offinishedgoods,work-in

13.610175

4,048.4043,878.60

78.29«866.87

4709.79

43,743.25

3,666.55-7,459.66

4,326.46

1,346.21

4,570.17

progessand

slack—in—tradel4}.

{mplnyeebenefit

expense

125.29

121.60

65.67379.73

177.67304.31

120.48111.77

65.67360.96

177.67

293.61

{a}Financecosts

203.39

96.58

77.11666.95

437.53

1,475.52198.74

92.41

77.11676.64

437.53

1,473.85;[0

Depreciation,depletion

andqmur“

',_

44.44

51.2456.71

146.10

154.14202.89

44.35

51.12

56.71145.79

154.14

202.61

J}

Ofl'lerExpenses

1,881.241,662.28

3,130.145,329.21

7,626.5610,309.39

1,909.741,385.53

2,764.325,339.88

6,935.3210,108.36

'Tab!

at]:20,910.48

'.14,252.13

20,307.44

61,738.46

67,079.69

92,593.70

20,000.08

13,341.16

20,183.90

58,312.50

66,473.55

90,686.43

3Total'pm'fit

bdoreemeptianalltemand

tax[1

54439455.033

209.771,354.5:

309.111373.67

'615.70

531.50245.94

1,827JM383.41:-

1,809.602]

4Exceptional

items

——

-—

.-

-—

--

—-

5.

Totalpmfitbefore

tax[3:4]

544.89455.03

200.771,364.51

309.111,820.67

'615.70

5:1.50246.94

-1,827.54

063.40-1,809.50.

6Tax'eatpense

!{Benefits}

'7

Currenttax

275.45

174.4574.08

639.00

259.02

636.32

275,45

174.45

74.08639.00

259.02

635.34

8Deferred

taxI[Benefiksl

0.57

3.36.

3.93-

6.380.57

3.36

—3.93

-6.72

gTdtal

tax27510

177.3174.03

642.93259.07

6-43.20276.02

177.3174.03

542.93759.02

642.0610

Ne!ErufitI[lassl-for

ther

''_

268.87

277.27

135.69

721.58

550.09

1,105.47339.68

403.69

172.86

1,18451-00438

1,167.54

11Other

comprehensive

income{net

oftaxes)

'Am

.-

--

--

--

--

Itemsthat

willnotbeclassified

toPrnfit

8:Loss

A{2]

Incometax

relatingto

itemsthat

willrial:

be

--

--

--

—-

-—

reclassifiedto

Profitor

Loss.5

[1}items

thatwill

bereclassified

toProfit

orloss

--

--

--

B{2]

Incometax

relatingto

itemsthat

wil‘tbe

--

--

--

--

--

-mclassified

toProfit

orL055

_12

Total00111072kaIncomefor

[heperiod

268.87

277.27

135.60

721.58

550.09

1,185.47339.68.

403.89

172.06

1,104.61$4.38

1,167.54[1mm]

13Paid

upmung

Shafeflap'ital{Face

ValuePer

363.95353.95

365.95363.95

368.95363.95

353.95.368.95

363.95368.95

363.95353.95

ShareR5.

101-}14

Eaminasper

share[of

Rs.10

eachfiFnrthe

potion!nut'

"'flj

'hrnlrgs'pef

ehiilt'vshare15}

Has":7.29

7.52

3.50

19.56

1.4.9.1.32.13

=9.21

10.94

4.60

32.11

16.38

31.64

[blDiluted

7.297.52

3.5319.55

14.9132.15

9.21.'

10.944.59

32.1116.3:

31.64

For

RM

Overseas

Ltd.

cfor/M.

Director

Page 6: GRMO/l · Darya Ganj, Institutional Area Gurgaon, New Delhi 110019. India Bandra Kuûa Complex. Karol Bash. Chandigarh-1BU1U1. India New Delhi-110002. INDIA 122002.1ndia ... gun

1The_abtweresults

havebeenreviewedhvtheAudit

CommitteezmdiappmvedbytheBoardof

Directorsof

theEmpany

attheir

meetingshelvdonFebruary

14,2019.

1Thefinancial

resuitsaxepmared

inamdame

withtheIndian

AccountingStandardsIIND—ASIas

prescribedundetSedjon133oftheCompaniesAct.MB

readwith

fluke3of

the

Companis

{IndianAccauntlng

Standards)Ruins,

2015and

t‘r

‘[Indian

Au

'uStandards]

‘4

‘Rules,

2016.

3The

comparativefinandal

resultsof

the'flampanvfor

thequartet

andnine

monthsended

December

31,201?,

includedIn

theseflnandal

results.were

leviewedby

predecessoraudim

[anotherFirmofmanered

Accountants},who,“do

theirreports

datedFebruary

14,2013expressedanunmodifiedcondusimonthese

financialresults.

‘TheCompany

isengaged

inthebusiness

of"Rice

Sheller'activity

andhencehasonly

one'repnrtahleoperating

segment

asperInd

AS108-0pera‘ling

Segment;

5Cmrespmdingfigures

ofthe

previousperiods

[yearhave

h'eenregrouped

am“at

reqlassifiedlomakethem

cmnparablewherever

necessary.

ForG

Date:14.022019

/Managlng.

_.

Dlflt'llflil'i-BMnirecffir-"W-DH?"

-

Plane

:NE.Deli