Post on 22-Apr-2020
WAS ASSET RECONSTRUCTION CO. LTD. Regd. Off. : B-502, Statesman House, 148 Barakhamba Road, New Delhi -110001..
Off. : G-29, Sej Plaza, Near Nutan School, Marve Road, Malad (West), Mumbai — 400064.
Tel. No.: 022-60602489 CIN: L74899DL1985PLC019933
Mail Id: pjasassetitdegmail.com Website: www.ojasltd.com
Date: 11/08/2016
To, Corporate Services Bombay Stock Exchange Ltd.
Corporate Relationship Dept,
1st Floor, New Trading Ring,
Rotunda Building, P. J. Towers,
Dalai Street, Fort, Mumbai-400 001
BSE Scrip Code: 538607 Sub: Outcome of Board Meeting.
Dear Sir,
This is to inform that the meeting of the Board of Directors of the Company was held on Thursday, 11th August, 2016 at G-29, Sej Plaza, Near Nutan School, Marve Road, Malad (West), Mumbai —
400064 at 03.30 P.M. and concluded at 6.30 P.M. The Board discussed and approved the following:
1. The Unaudited Financial Results for the quarter ended 30 th June, 2016 along with Limited Review Report on the same.
2. The Directors Report and Notice for 31 st Annual General Meeting of the Company.
3. Re-appointment of Mr. Tejas Hingu (DIN: 06936684), who retires by rotation and eligible for re-
appointment.
4. Ratification of appointment of M/s. DMKH & Co., Chartered Accountants, as the Statutory
Auditor of the Company for F.Y. 2016-17 and to fix the remuneration, subject to members
approval at ensuring Annual General Meeting.
5. The Board has regularized the appointment of Ms. Dimple Jayanti Rathod (DIN: 07278060), as
Director of the Company subject to approval of members at 31 st Annual General Meeting.
6. Regularized the appointment of Mr. Manan Prafulchandra Shah (DIN: 07491896), as an
Independent Director of the Company for the period of five consecutive years w.e.f 28 th March,
2016 subject to approval of members at 31 5' Annual General Meeting.
7. Shifted registered office of the Company from NCT of Delhi to the State of Maharashtra i.e. from
B-502, Statesman House 148, Barakhamba Road, New Delhi-110001 to G-29, Sej Plaza, Near
Nutan School, Marve Road, Malad (West), Mumbai-400064; vide order of Central Government
dated 27 day of July, 2016.
8. Changed the Registrar and Transfer Agent of the company from M/s. Skyline Financial Services
Pvt. Ltd. to M/s. Purva Sharegistry (India) Pvt. Ltd., for administrative convenience.
OJAS ASSET RECONSTRUCTION CO. LTD.
9. The Board of Directors decided to close the Register of Members and Transfer Books from
26/09/2016 to 29/09/2016 (Both Days inclusive) for the purpose of AGM.
10. The Board has fixed the 31st Annual General Meeting of the Company to be held on 30 th
September, 2016 at G-29, Sej Plaza, Near Nutan School, Marve Road, Malad (West), Mumbai —
400064 at 10:00 A.M. and approved the calendar of events.
11. Appointment of CA. Manish Kankani (M. No. 158020) as the scrutinizer for conducting E-Voting
and poll process at 31st Annual General Meeting of the Company.
12. Reviewed and Noted on Compliance on Listing Obligation & Disclosure Requirements Regulation
2015 for the quarter ended 30.06.2016.
13. Recorded the status of Minutes of Board and Committees Meeting held and Statutory Registers.
14. Approved the Secretarial Audit Report and discussed on Qualification, made by Secretarial /
Statutory auditors in their Audit Report for the F.Y 2015-2016.
15. Authorised Mr. Tejas Hingu & Ms. Dimple Rathod, Directors of the Company to act as authorised
representatives of the Company to attend and vote at general meeting of other Companies.
16. Resignation of Mr. Shobhanbabu Mandulla from the post of Company Secretary and Compliance
Officer of the Company with immediate effect.
Kindly take into your record
Thanking You
Yours Faithfully,
For Ojas Asset Rec nstruction Company Limited
ci siRUCT./
cl
Dimple Rathod Rathod Lii MUM F- "V
A W
(Director) 0 --s-
,P6.,
E ncl:
1. Unaudited Financial Result for 30.06.2016
2. Limited Review Certificate
3. Calendar of Events
4. Notice of Book Closure
General information about company
Scrip code 538607
Name of company Ojas Asset Reconstruction Co Ltd
Result Type Main Format
Class of security I Equity
Date of start of financial year 01-04-2016
Date of end of financial year 31-03-2017
Date of board meeting when results were approved 11-08-2016
Date on which prior intimation of the meeting for considering financial results was informed to the 03-08-2016
exchange
Description of presentation currency I NR
Level of rounding used in financial results I Lakhs
Reporting Quarter First quarter
Nature of report standalone or consolidated Standalone
Whether results are audited or unaudited Unaudited
Segment Reporting Multi segment
Description of single segment
For OAS ASSET RECONSTRUCTION COMPA 1
1 LIMITED
O CA' Director I Authorised Signatory
0 0 0 0 0 0 Other operating revenues
Quarterly & Half Yearly Financial Result by Companies Other than Banks
Particulars 3 months
ended (dd- mm-YYYY)
Previous 3 months ended
(dd-mm- YYYY)
Corresponding 3 months ended in the previous year (dd-
mm-YYYY)
Year to date figures for
current period ended (dd-mm-
YYYY)
Year to date figures for
previous period ended (dd-mm-
YYYY)
Previous accounting year ended
(dd-mm-yyyy)
A 111
C
Date of start of reporting period 01-04-2016 01-01-2016 01-04-2015 01 -04 - 2016 01-04-2015 01 -04 -2015
Date of end of reporting period 30-06-2016 31-03-2016 30-06-2015 30-06-2016 30-06-2015 31-03-2016
Whether results are audited or unaudited
Unaudited Audited Unaudited Unaudited Unaudited Audited
D Nature of report
standalone or consolidated
Standalone Standalone Standalone Standalone Standalone Standalone
I Part I
1 I Revenue From Operations
Net sales or Revenue from
Operations 725.235 39.88 94.553 39.88 828.335 94.553
Total Revenue from operations
(net) 94.553 725.235 39.88 94.553 39.88 828.335
2 I Expenses
(a) Cost of materials consumed 0 0 0 0 0 0
(b) Purchases of stock- in-trade 54.617 731.243 0 54.617 0 841.763
(c)
Changes in inventories of
finished goods, work-in-progress
and stock - in-trade
-3.171 4.764 1.71 -3.171 1.71 74.804
Employee benefit expense 2.945 2.511 2.41 2.945 2.41 11.001
(e) Depreciation and
amortisation expense
0.042 0.004 0 0.042 0 0.014
(f) Other Expenses
1 Other Expenses 7.845 5.158 3.33 f 7.845 3.33 14.565
Total other expenses
7.845 5.158 3.33 7.845 3.33 14.565
Total expenses 1 62.278 743.681 7.451 62.278 7.45 942.147
For OJAS ASSET RECONSTRUCTION COMPANITED
k)AC-C
Director I Authorised Signatory
For OJAS ASSET RECONSTRUCTION COMPANY LIMITED
Director 1 Authorised Signatory
Quarterly & Half Yearly Financial Result by Companies Other than Banks
Particulars 3 months
ended (dd- mm-YYYY)
Previous 3 months ended
(dd-mm- YYYY)
Corresponding 3 months ended in the previous year (dd-mm-yyyy)
Year to date figures for
current period ended (dd-mm-
YYYY)
Year to date figures for
previous period ended (dd-mm-
YYYY)
Previous accounting year ended
(dd-mm-yyyy)
A B
Date of start of reporting period 01-04-2016 01-01-2016 01-04-2015 01-04-2016 01-04-2015 01-04-2015
Date of end of reporting period 30-06-2016 31-03-2016 30-06-2015 30-06-2016 30-06-2015 31-03-2016
C Whether results are
audited or unaudited Unaudited Audited Unaudited Unaudited Unaudited Audited
D Nature of report
standalone or consolidated
Standalone Standalone Standalone Standalone Standalone Standalone
Part 1
3
Profit (loss) from operations before
other income, finance costs and exceptional items
32.275 -18.445 32.43 32.275 32.43 -113.812
4 Other income 0.016 0.048 0 0.016 0 1.238
5
Profit (loss) from ordinary activates
before finance costs and exceptional
items
32.291 -18.397 32.43 32.291 32.43 -112.574
6 Finance costs 0.001 0.003 0.01 0.001 0.0 I 0.203
7
Profit (loss) from ordinary activities after finance costs
but before exceptional items
32.29 -18.4 32.42 32.29 32.42 -112.777
8 Prior period items before tax 0 0 0 0 0 0
9 Exceptional items 0 0 0 0 0 0
10 Profit (loss) from
ordinary activities before tax
32.29 -18.4 32.42 32.29 32.42 -112.777
11 Tax Expense 0 0.038 10.02 0 10.02 0.038
12 Net profit (loss)
from ordinary activities after tax
32.29 -18.438 22.4 32.29 22.4 -112.815
13 Extraordinary items 0 0 (ii 0 0 0
14
Net Profit Loss for the period from
continuing operations
32.29 -18.438 22.4 32.29 22.4 -112.815
Profit (loss) from
RECONSTRUCTIOti COMP'SY LIMITED for OJAS ASSET
Director I Authorised Signatory
21
18
17
16
discontinuing 15 operations before tax
Tax expense of discontinuing operations
Net profit (loss) from discontinuing operation after tax
Profit (loss) for period before
minority interest
Net Profit (loss) after taxes minority
interest and share of profit (loss) of
associates
0 0 0 0 ( 1 0
0 0 0 () (1 0
0 0 0 0 0 0
32.29 -18.438 22.4 32.29 22.4 -112.815
32.29 -18.438 22.4 32.29 22.4 -112.815
For OJAS ASSET RECONSTRUCTION COMPANYWITED
Director /Authorised Signatory
Quarterly & Half Yearly Financial Result by Companies Other than Banks
Particulars 3 months
ended (dd- mm-yyyy)
Previous 3 months ended
(dd-mm-
Yr/Y)
Corresponding 3 months ended in the previous year (dd-
mm-MY)
Year to date figures for
current period p ended (dd-mm-
YYYY)
Year to date figures for
p period ended (dd-mm-
YYYY)
Previous accounting year ended
(dd-mm-yyyy)
:3]
C
A Date of start of reporting period
01-04-2016 01-01-2016 01-04-2015 01-04-2016 01-04-2015 01-04-2015
Date of end of reporting period
30-06-2016 31-03-2016 30-06-2015 30-06-2016 30-06-2015 31-03-2016
Whether results are audited or
unaudited Unaudited Audited Unaudited Unaudited Unaudited Audited
D Nature of report
standalone or Standalone Standalone consolidated
Standalone Standalone Standalone Standalone
Part 1
221 Details of equity share capital
Paid-up equity share capital
2124.9 2124.9 2124.9 2124.9 2124.9 2124.9
Face value of equity share capital
I 1 10 I 10 1
23 1 Details of debt securities
24
Reserves excluding revaluation reserve
() 0 0 0 0 -225.518
261 Earnings per share
i
Earnings per share before extraordinary items
Basic earnings per share before extraordinary items
0.015 -0.009 0.01 0.015 0.01 -0.053
Diluted earnings per share before extraordinary items
0.01 5 -0.009 0.01 0.015 0.01 -0.053
ii 1 Earnings per share after extraordinary items
Basic earnings
per share after extraordinary items
0.015 -0.009 0.01 0.015 0.01 -0.053
Diluted earnings per share after extraordinary items
0.015 -0.009 0.01 0.015 0.01 -0.053
Apr OJAS ASSET RECONSTRUCTION COMPA MITE)
Director I Authorised Signatory
30
Disclosure of notes on financial results
Textual In formation( 1 )
rot OAS ASSET RECONSTRUCTION COMPANY
Drew I Authorised Signa.tosy
Text Block
1. The above financial results for the quarter ended 30th June, 2016 have been reviewed by the Audit Committee and approved by the Board of Directors at its Meeting held on Ilth August, 2016 and reviewed by Statutory Auditors.
2. The figure for the previous quarter/year have been re-grouped/ re-classified / re-stated wherever necessary.
3. Investor Complaint for the Quarter Ended 30/06/2016: Opening - 0, Received -0, Resolved -0, Closing - 0.
4. This Result is available on our Website www.ojasltd.com and on the website of BSE i.e. www.bseindia.com
Textual Information( I )
5. The Company operates in two Business Segment i.e. Commodity Trading Buisiness and Finance Business Activities. Business segment has been identified as separable primary segment in accordance with Accounting Standard 17 'Segment Reporting' as prescribed under Companies (Accounting Standards) Rules, 2006, taking into Account the organisational and internal reporting structure as well as evaluation of risk and return of this segments.
6. Provision for Taxation, if any, will be made at the end of the Financial Year and hence not provided on quarterly basis.
7. In this Unaudited Results, EPS for June, 2015 quarter has been adjusted taking into consideration of Stock Split.
For OAS ASSET RECONSTRUCTION COMPANY Lu1ITED
Director I Authorised Signatory
Format for Reporting Segmenet wise Revenue, Results and Capital Employed along with the company results
Particulars 3 months
ended (dd- mm-yyyy)
Previous 3 months ended (dd-mm-yyyy)
Corresponding 3 months ended in the previous year (dd-
mm-YYYY)
Year to date figures for
current period ended (dd-mm-
YYYY)
Year to date figures for
previous period ended (dd-mm-
YYYY)
Previous accounting
year ended (dd- mm- YYYY)
Date of start of reporting period
01-04-2016 01-01-2016 01-04-2015 01-04-2016 01-04-2015 01-04-2015
Date of end of reporting period 30-06-2016 31-03-2016 30-06-2015 30-06-2016 30-06-2015 31-03-2016
Whether accounts are audited or unaudited
Unaudited Audited Unaudited Unaudited Unaudited Audited
Nature of report standalone or consolidated
Standalone Standalone Standalone Standalone Standalone Standalone
11 Segment Revenue (Income)
J (net sale/income from each segment should be disclosed)
Commodity Trading Business 0 675.349 0 0 1 0 783.409
21
2.]
Finance Business 1 94.553 1 49.886 I 39.88 1 94.553 I 39.88 I 44.926
Other Income 1 0 0 0 0 1 0 0
Total Segment Revenue
94.553 725.235 39.88 94.553 39.88 828.335
se g m eLn te srse: vienntue er
]
21 _1
21
II
Revenue from Operations 94.553 1 725.235 39.88 94.553 39.88 828.335
Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
Commodity Trading 1 rading Business
-58.703 I] 0 0 0 -61.173
Finance Business I 43.106 I 45.112 1 38.17 1 43.106 1 38.17 1 -29.878
Other Income I 0 I 0 I 0 I 0 I 0 I 0
Total Profit before tax
43.106 -13.591 38.17 43.106 38.17 -91.051
i. Finance cost 0.001 0 0 0.001 0 0
ii. Other Unallocable
Expenditure net off Unallocable
income
10.815 4.809 5.75 10.815 5.75 21.726
Profit before tax 32.29 -18.4 32.42 32.29 32.42 -112.777
For OJAS ASSET RECONSTRUCTQN COMPANY LIME ED
Director I Authorised Signatory
Commodity Trading Business
Finance Business I 1926.672
0
1899.382
-102.12 5 -102.12 0
2104.81 1926.672 2104.81 1899.382
5
J Capital Employed
_1 (Segment Asset - Segment Liabilities)
Other Income 0 0 31.92 0 31.92 0
Total Capital Employed 1931.672 1 899.382 2034.61 1931.672 2034.61 1899.382
Disclosure of notes on segments
For OJAS ASSET RECONSTRUCTION COMPANY LIMITED
Director I Authorised SioN,,t1ry
cmKH & CD. CHARTERED ACCOUNTANTS
The Board of Directors,
Ojas Asset Reconstruction Co. Ltd G-29, Sej Plaza, Near Nutan School, M arve Road, M alad (West), Mumbai -400064
Re: Limited Review of the Financial Result for the quarter ended 30 th June 2016.
We have reviewed the accompanying statement of unaudited financial results of Ojas Asset 30thReconstruction Co. Ltd for the Quarter and period ended June 2016. This statement is the
responsibility of the Company's Management and has been approved by the Board of Director.Our responsibility is to issue a report on these financial statements based on our review.
We conducted our review in accordance with the Standard on Review Engagement (SRE) 2410,
flReview of Interim Review Financial information performed by the Independent Auditor of the Entity"
issued by the Institute of Chartered Accountants of India. This standard requires that we plan and
perform the review to obtain moderate assurance as to whether the financial statements are free of
materia l misstatement. A review is limited primarily to inquiries of company personnel and analytical
procedures applied to financial data and thus provide less assurance than an audit. We have not
performed an audit and accordingly, we do not express an audit opinion.
Based on our review conducted as above, nothing has come to our attention that causes us to believe
that the accompanying statement of unaudited financial results prepared in accordance with applicable
accounting standards specified under section 133 of companies Act, 2013, Read with Rule 7 of the
companies (Accounts) Rules,2014 and other recognized accounting practices and policies has not
disclosed the information required to be disclosed in terms of Regulation 33 of the SEBI (Listing
Obl igation and Disclosure Requirements) Regulations, 2015 including the manner in which it is to be
disclosed, or that it contains any material misstatement.
For DMKH & Co. Chartered Accountants FRN 116886W
1(~ CA. M anish Kankani Partner M.No.158020 Place: Mumbai Date: 11th August, 2016
aoa.804, Ashok HeIghts, Opp SaraswaU Apt., Near Bhute School, Old N agardas X Road . Gundavali. Andheri (E). Mumbai-400069. Tel : 022-26824800 14900 I email : Info@dmkhca.1n I www.dmkhca.in
Branch orr.: 4 . Akshay A partments. Dam/e Marg. Ramdas Peth, Akola- 444001 .
OJAS ASSET RECONSTRUCTION CO. LTD. Regd. Off. : B-502, Statesman House, 148 Barakhamba Road, New Delhi -110001.
Off : G-29, Sej Plaza, Near Nutan School, Marve Road, Malad (West), Mumbai — 400064.
Tel. No.: 022-60602489 CIN: L74899DL1985PLC019933 Mail Id: plasassetltd@gmail.com WebsitP. www.ojasltd.com
CALENDAR OF EVENTS Name of Depository: National Securities Depository (India) Limited (NSDL)
Sr. No. Particulars Date
1. Date on which consent given by the scrutinizer to act as scrutinizer Wednesday, 10.08.2016
2. Date of Board resolution authorizing one of the functional directors
to be responsible for the entire poll process. Thursday, 11.08.2016
3. Date of appointment of scrutinizer Thursday, 11.08.2016
4. Benpose Date for Sending Notice to shareholders Friday, 26.08.2016
5 Date of completion of dispatch of E-notice of Meeting in which the
business will be transacted.
On or Before Wednesday, 07.09.2016
6. Newspaper publication for E-Voting and AGM notice dispatch Wednesday, 07.09.2016
7. Cutoff Date determining list of Members for E- voting
( 7 days prior to date of AGM/EGM )
Friday, 23.09.2016
8. Period for which E-voting facility is available and open to Members
of the Company.
Start date: 27.09.2016 Start time: 9.00 A.M. End Date: 29.09.2016
End Time:5.00P.M
9. Date and time of Annual General Meeting Friday, 30.09.2016 at
10:00 A.M.
10. Submission of the Report by the Scrutinizer 1 I On or Before Saturday, 01.10.2016
11. Date of declaration of the result by the Chairman On or Before Saturday, 01.10.2016
12. Date of handing over the E-voting register and other related papers
to the Chairman.
Saturday, 01.10.2016
For Ojas Asset Reconstruction Company Limited
Dimple Rathod (Director)
CC To,
The Manager
National Securities Depository Limited
Trade World, 'A' Wing, 4th & 5
th Floors, Kamala
Mills Compound, Lower Parel, Mumbai-
400013
CC To,
Bombay Stock Exchange Ltd
Corporate Relationship Dept, 1 st Floor, New
Trading Ring, Rotunda Building, P. J. Towers,
Dalal Street, Fort, Mumbai — 400 001
CC To, CCToy
Metropolitan Stock Exchange of India Ltd M/s. Skyline Financial Services Private
Vibgyor Towers, 4th floor, Plot No C 62, G - Limited
Block,Opp. Trident Hotel, BandraKurla D-153-A, 1 st Floor, Okhla Industrial Area,
Complex, Bandra (E), Mumbai — 400 098 Phase — I, New Delhi — 110020.
Dimple Rathod
(Director)
OJAS ASSET RECONSTRUCTION CO. LTD. Regd. Off. : 8-502, Statesman House, 148 Barakhamba Road, New Delhi -1100C_
Off. : G-29, Sej Plaza, Near Nutan School, Marve Road, Malad (West), Mumbai — 400064.
Tel. No.: 022-60602489 CIN: L74899DL1985PLC019933
Mail Id: ojasassetltd@gmail.com Website: www.ojasltd.com
Date: 11/08/2016
To, The Bombay Stock Exchange Ltd
Corporate Relationship Dept,
1 St Floor, New Trading Ring,
Rotunda Building, P. J. Towers,
Dalal Street, Fort, Mumbai — 400 001
Sub: Notice of Book Closure for AGM Dear Sir,
This is to inform that the Board of Director of the Company has fixed the dates for Book Closure for
the purpose of 31 st Annual General Meeting of the Company as follows:
BSE Scrip Code 538607
ISIN INE457P01020
Type of Security Equity Share
Book Closure Date 26/09/2016 TO 29/09/2016 (Both Days Inclusive)
Purpose 31 st Annual General Meeting
Please acknowledge the receipt.
Thanking You,
Yours Faithfully
For Ojas Asset R construction Company Limited
CC To,
The Manager
National Securities
Depository Limited
Trade World, 'A' Wing, 4 th &
5 th Floors, Kamala Mills
Compound, Lower
Parel, Mumbai-400013
CC To,
The Manager
Central Depository Services
(India) Limited
16 th Floor, P. J. Tower, Dalal
Street, Fort, Mumbai -
400001
CC To,
M/s. Skyline Financial
Services Private Limited
D-153-A, 1 st Floor, Okhla
Industrial Area, Phase- I,
New Delhi — 110020