R]SHIR(3C]PRishiroop Ltd.

[Formerly Puneet Resins Ltd]B4. Atlanta, Nariman Point

Mumbai 400 021 , indialel: +-91-22-4095 2000Fax: +91 -22-2287 2796

CIN: L25200MHI 9B4PLC034093www .rishiroop .In

RL/MUM/AF/ BM /2018-19 November 1 , 2018

To,

Department of Corporate Services,B$E Limitedj4th Floor, P.J.Towers,Dalai Street,Mumbai 400 001 .

Ref.: BSE Scrjo Code No. 526492

Sub: Outcome of Board Meeting

Dear Sir,

Pursuant to Reg. 30, 33 and other applicable regulations of the Securities and Exchange Boardof India (LODR) Regulations, 201 5, we are forwarding herewith the unaudited financial resultsof the Company for the quarter ended September 30, 2018, which have been considered,approved and taken on record by the Board of Directors of the Company, at their meeting heldtoday i.e. November 1 , 2018. (Meeting commenced at 12.45 pm and concluded at 3.10 pm).

Copy of the Limited Review Report issued by the Statutory Auditors for quarter endedSeptember 30, 2018 is also attached.

Kindly take the above on record

Thanking you,

Yours Sincerely,

For Ristliroop Llpited

FernandesAgnaTpCompany Secretary

Ence: As above

Registered Office: W-75[A] & W-761A}. MIDI ]ndustria] Estate. Satpur. Nasik 422 t]E]7. India

RISHIROC)PRishiroop Ltd.

[Formerly Puneet Resins Ltd}B4. Atlanta. Nariman Point

Mumbai 400 02'1 , IndiaTe1: +91 -22-4095 2000Fax: +91 -22-2287 2796

CIN: L252BOMH1984PLC034093RISHIROQP LIMITED

( Formerly known as PUNEET RESINS LTD )CIN: L25200MH1984PLC034093

Read.Office :- W-75(A) & W-76(A).MIDC Industrial Estate, Satpur, Nasik- 422 007.Email: Investor@rishiroop.com Website: www.rishiroop.in

Tet.:+91-22-40952000. +9'1-0253-235a042 Fax : 491-22-22872796

www.rishiroop .in

PART ISr.No.

Unaudited Financial Results for the Six Months ended ,30th September, 2018

Particulars'iiiiiiaiiia I tiiiiiidiied I Unaudited I Un.augjtQd..I Unaudited30-09-18 1 30-06-1s 1 3Q.09:17 1 ;Q:Qo:;18 1 30-09-17

Year ended

tjlncome from operationsa) Revenue from operationslb) Other incomeTotal income from operations

2jExpensesa) Cost of materials consumedb) Purchase of stock-in-tradec) Changes in inventories of finished goods. work-in-prowl

& stock-in-traded) Employee benefits expensee) Finance Costf) Depreciation

Other ExrTotal Exl

3 I Profit from operations before other exceptional items { 1 -

4jExceptional items51 Profit before Tax { 3 - 4 )

31-03-18

1 .574.8026.89

1,601.69

1 ,642.381 8.69

1 ,661.'07.

1 . 960.2 187.41

2,@7:$;

3.21 7. 1845.58

3,262.77

3. 168.76!70.45

3,439.20'

6.028.27345.17

6,373.44

488.12

(33.16} !

465.47424.1 6340.23

494.10531 .48461 .22

953.591 .221 .93

307.07

779.1 11 .1 58.83

403.32

1 .562.813, 127.1 0(]88.27)

79.425.44.

12.36141 .79

1.491.731 09.95

86.487.61

12.3S97.03

1 .433.33

75.936.1 8

14.2164.52

1 .647.64399.98

1 65.9013.0524.71

238.822,925.06

337.70

151,77l0.8128.38

138.962.671..1 8

768.02

297.5525.0563.38

295.'935. 183.551 .189.89

ejTax ExpensesCurrent TaxDeferred Tax

7 I Net Profit for the period / year8 I Other comprehensive iDcane/expense ( Net of Tax )9 ITota I comprehen.five income { 7 - 8 )

t OI Paid up-equity share. capita!(Face Value of ? 10 Each)

1 1 1 Reserve excluding, revaluation resewe as perbalance sheet of previous accounting year

12IEarnings Per Share (EPS)Basic EPSDiluted EPS

109.95 227.74 399.98 337.70 768.02 'l,'i89..89

47.00(I 't .69)174.64( 't .07)73.57

97Q.13

78.00(84.1 0)

233.84(3.87)

970.13

98.00(5.92)

307.9Q

307.90970.13

125.00(95:79)1

308.49(4.94)

303.55970.13

170.00(1 3.43)61.1.45

4.4961 5.94970.13

307..0075.38

807.51(4.'92)

802.59970.13

5.104.56

0.770.77'

2.412.41

3.173.1 7

3.1 83.1 8

8.328.32

Notes

The above unaudited financial results were reviewed by the Audit Committee of the Board on lst November, 2018 and approved by the Boardof Directors of the Comp.any at their meetin.g held on lst November, 2Q18.

2IThe. results for the Half year ended 30th Septemebr. 2018 are limited reviewed by the Independent Auditors of the Company.report was .issued by .them therein

An unqualified

3IThe company is engaged in on.e business segment i.e. Polymers & Compound and it is primary segment.

4IThe Company has adopted Indian Accounting Standard (Ind A$) eHecl.lvo from Agri.1 1 . 2017. Previous year quarter ended is also Ind ASjcomptaint. but they have not beQn subject to United review or audit in line with SEBI Circular no. CIR/CFD/FAC/62/201 6

SI Figures of the previous year / period / quarter are regrouped / rearranged / reclassified wherever" necessary.

By Order of the Board of Directors

For Rishin lied

/

Place:- MumbaiDate :- I st November,201 8

ipoar;DIN : 00003019

Managing Director

Registered Office: W-75[A] & W-76[A}, MIDI ]ndusu'ia] Estate. Satpur. Nas]k 422 007. ]ndia

RISHIRC3 C]PRishiroop Ltd.

[Formerly Puneet Resins Ltd]B4. Atlanta. Nariman Point

Mumbai 400 021 , Indialel: +91 -22-4095 2000Fax: +91 -22-2287 2796

CIN: L252CIOMHI 984PLC034093www .rishiroop .in

RISHIROOP LIMITED( Formerly known a$ PUNEET RESINS LTD }

CIN: L25200MH1984PLC034093Read.OfHce :- W-75(A) & W-76(A),MIDI Industrial Estate, Satpur, Nasik- 422 007.

Email: Investor(Drishiroop.com Website: www.rishiroop.inTe1.:+91 -22-40952000. +91 -0253-2350042 Fax : +91 -22-22872796

Unaudited Statement of Assets and Liabilities as at 30th September 2018.e in lakhs

Registered Office: W-75[A] & W-76[A]. MISC ]ndustria] Estate. Satpuc Nasik 422 t]07, ]ndia

  ParticularsUnaudited

As at30-09-18

As at30-09-17

 

ASSETS

Non-current Assets

a} Propert, Plant and Equipmentsb) Intangible assets under developmentC) Financial assets

InvestmentsLoans & advances

d) Deferred tax assets (Net)

Current assetsa) Inventoriesb} Financial assets

investmentsTrade receivables

Cash and Cash equivalentsBank balance other than Cash and Cash equivalents

- Other Financial assetsc) Other Current assets

Total

EQUi'W AND LIABILITIES

Equitya) Equity Share Capitalb) Other Equity

Liabilities1.Non Current Liabilities

al Deferred tax liabilities(Net)b) Provisions

2.Current Liabilitiesa} Financial Liabilities

Trade payablesOther Financial Liabilities

b) Other Current liabilities

c) Provisions

Total

785.3815.20

3,120.1215.626.99

3,470.5014.42

3,943.31 4,335.47

1,063.69

433.601,154.98

94.7936.8124.03

302.79

709.18

84.501,340.26

104.92125.9121.85

182,153,110.69 2,568.777,054.00 6,904.24

970.135,267.76

970.134,917.91

6,237.89 5.888.04

20.756.98

18.7220.75 25.70

663.0146.8524.3861.12

820.0452.0633.1885.22

79S.36 990.50

7,054.00 6,904.24

'k

'w JAYESH DADIA & ASSOCIATES LLPCHARTERED ACCOUNTANTS

422, Arun Chambers, Tardeo, Mumbai- 400034. Tel.: +91-22-66602417 / 66601056 Fax : +91-22-66602418E-mail: infoqdaca.com Website : www.jdaca.com

Limited Review Report

The Board of DirectorsM/s. Rishiroop Limited(Formerly known as Puneet Resins Limited)Mlumbai

Inh'oduction

We have reviewed the accompanying statement of unaudited financial results('theStatement ') of M/s. Rishiroop Limited ('the Company ') for the quarter ended 30thSeptember. 2018 & the year to date results for the period from lst April, 2018 to 30thSeptember, 2018 along with the notes therein attached herewith, being submittedby the Company pursuant to the requirements of Regulation 33 of the DEBI(ListingObligations & Disclosure Requirements) Regulations 2015, read with Circular No.CIR/CFD/FAC/62/2016 dated 5tK July, 2016.

This statement is the responsibility of the Company's management and hasbeen approved by the Board of Directors in their meeting held on lst November,2018. Our responsibility is to issue a report on the Statement based on our review.

Scope of review

We conducted our review in accordance with the Standard on Review Engagements(SRE) 2410, "Review of Interim Financial Information Performed by the IndependentAuditor of the Entity" issued by the Institute of Chartered Accountants of India. Areview of interim financial information consists of making inquiries, primarily ofpersons responsible for financial and accounting matters, and applying analyticaland other review procedures. A review is substantially less in scope than an auditconducted in accordance with the Standards of Auditing and consequently does notenable us to obtain assurance that we would become aware of all significant mattersthat might be identified in an audit. Accordingly, we do not express an auditopinion

Conclusion

Based on our review conducted as stated above, nothing has come to ourattention that causes us to believe that the accompanying statement of unauditedfinancial results prepared in accordance with applicable accounting standards i.e.

q

Indian Accounting Standards ("IND-AS") prescribed under Section 133 of d.teCompanies Act, 2013 ("the Act") read with rule 7 of the Companies (Accounts)Rules, 2014 and other recognized accounting practices and policies has notdisclosed the information required to be disclosed in terms of Regulation 33 ofthe SEB[(Listilxg Ob[igations and Disc]osure Requirements) Regu]ations 20]5 readwith circular number CIR/CFD/FAC/62/2016 dated July 05, 2016 of DEBI,including the manner in which it is to be disclosed, oj ' that it contains anymaterial misstatement.

For Jayesh Dadia & Associates LLPChartered AccountantsFirm Registration No. 121142W/W100122

Rahim DadiaPartnerMembership No. 143181Mumbai, dated: lst November, 201