Scribd Logo
Upload

Welcome to Scribd!

  • 25 views

    Standalone Financial Results, Limited Review Report For June 30, 2016 (Result)

    Uploaded by

    Shyam Sunder
    The Board of Directors of Frontline Securities Limited held a meeting on August 10, 2016 to consider various business matters. Key items discussed included: 1) Adoption of the company's unaudited financial results for the first quarter ended June 30, 2016 along with a limited review report from the auditor. 2) Appointment of Mr. Mohit Khemka as the scrutinizer for e-voting or polling at the company's upcoming 22nd Annual General Meeting.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd

    Standalone Financial Results, Limited Review Report For June 30, 2016 (Result)

    Uploaded by

    Shyam Sunder
    25 views6 pages
    The Board of Directors of Frontline Securities Limited held a meeting on August 10, 2016 to consider various business matters. Key items discussed included: 1) Adoption of the company's unaudited financial results for the first quarter ended June 30, 2016 along with a limited review report from the auditor. 2) Appointment of Mr. Mohit Khemka as the scrutinizer for e-voting or polling at the company's upcoming 22nd Annual General Meeting.

    Original Title

    Standalone Financial Results, Limited Review Report for June 30, 2016 [Result]

    Copyright

    © © All Rights Reserved

    Available Formats

    PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    The Board of Directors of Frontline Securities Limited held a meeting on August 10, 2016 to consider various business matters. Key items discussed included: 1) Adoption of the company's unaudited financial results for the first quarter ended June 30, 2016 along with a limited review report from the auditor. 2) Appointment of Mr. Mohit Khemka as the scrutinizer for e-voting or polling at the company's upcoming 22nd Annual General Meeting.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    25 views6 pages

    Standalone Financial Results, Limited Review Report For June 30, 2016 (Result)

    Uploaded by

    Shyam Sunder
    The Board of Directors of Frontline Securities Limited held a meeting on August 10, 2016 to consider various business matters. Key items discussed included: 1) Adoption of the company's unaudited financial results for the first quarter ended June 30, 2016 along with a limited review report from the auditor. 2) Appointment of Mr. Mohit Khemka as the scrutinizer for e-voting or polling at the company's upcoming 22nd Annual General Meeting.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 6

    FRONTLINE

    LIMITED

    SECURITIES

    Branch. Olf.:B-zz, Sector - 4, Noida, U.P. - 201 30'1, lNDlA.


    Tel i +91-120-2534066, 67, 68 Fax : +91-120-2534111
    E-Mail : Service@fslindia,com Web : wwwfslindia.com
    CIN: 174899D11994P1C058837.
    10.08.2016

    Compliance Departrrent - DCS


    The Bombay Stock Exchange Limited
    Floor 25, PJ Towers,

    Dalal Street
    Mumbai - 400001
    Dear Sir(s),

    Ref:Scrip Code

    533213'

    Sub: Outcome of the Board Meetins held on Wednesdav. August 10.2016


    Time of Commencement
    Time of Conclusion

    :4:00 pm
    : 6:00 pm

    Pusuant to Regulation 30 of tlie SEBI (Listing Obligations and Disclosure Requirements) Regulations,
    2015, we wish to inform you t)rat the Board of Directors ofthe Company at their meeting held today i.e.
    i 0'r' August, 2016 has considered the various businesses including the following:
    I

    2.

    Adoption of Unaudited financial Results of the company for the first Quarter ended on
    201 6 along with Lirnited Review Report issued by the Auditor.

    Appointment of Mr. Mohit Khemka lChartered Accountant), PaIlner VMG


    Scrutinizer for E-voting or Poll for 22nd Annual General meeting.

    &

    30rr' June,

    Company as

    We reference to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirenrerrts)
    Regulations 2015, we are pleased to submit herewith, Unaudited Standalone financial results of the
    company for the First Qnarter ended 30'L June 2016 reviewed by the Audit Committee and Subsequently
    Approved by the Board of Directors of the Company at its Meeting held on 1011'August, 2016
    Kindly acknowledge this for your record purposes.
    Thanking you
    For Frontline Securities limited

    *,"kr,e$'
    Compan; Secretary
    M.NO- A42906

    Regd Office : t't-6, nd ftoor M-Btock t\Iarket, creater Kaitashlt,


    New DethiJ10048
    Branch Office i B -22, Sector _ 4, Noida, uttar praclesh20.1
    CIN No. L74899DLt994pLCOS8837
    Website: www.fstindia.com, Emait: [email protected]
    Unaudited Standatone Financiat Resutts for the euarter ended
    June 30,20i6

    PART.I

    (Rs. in Lakhs, except

    other expenses 1,lny trem exceeding

    rr-4ii rh6I6GGilEEes-

    3. Profit / (Loss) from Operations before Other tncome.

    financi

    5. Profit/ (Loss)from ordjnary activjties before finance costs &

    7. Prolit / {LossJ

    9 .

    tinance co5ts but

    Profit / (Loss) from Ordinary Activities aft-

    NetProfit /(Loss)forthe per;od

    14 Pald

    l5

    dfter

    Profit/ (Loss)from Ordinary Activities Oefore tax 1Z*E

    11. Net

    13.

    lrom o.dinary aclivities

    up eqLrity share cap

    t.lSlif

    111-1

    tat(Rs 10f)

    Reserves excludifg Revatuaton Reserues as per Baance Sheetoi

    \/

    PART.II
    A. PARTICULARS OF SHAREHOLDING
    Lrmber

    of !

    shareholdinq
    2. Promoterc anr )romoter Grouo Shareholdinq
    fa) PLedoed / Encumbered
    -Number of shares
    -Percentage ot shares (as a % ofthe totalshareholding of promoter
    and orcmoier ol.ouol
    -Percenlage of shares (as a % ofthe totalshare capita oflhe
    company)

    25 42196

    19 A4 412
    27.61

    23 09 412

    NIL

    NIL

    NIL

    4A 77 277

    46 44 493

    2309.412

    3213

    3213

    NIL

    (b)Non-Encumbered
    -Number of shares
    -Percenlage of shares (as a % ofthe totalshareholding ofptomoter
    and proraoter group)

    52.02.217
    100.00

    -Percentage of sharcs (as a % ofthe toialshare capita oflhe


    company)

    100.00

    100

    100 00

    67.47

    64.63

    67.47
    Quarterended June 30,

    Particulars

    2016

    B, INVESTOR COMPLAINTS
    Pendinq at the beqinninq ofthe quarter.
    10 the ouaater
    dur no the auarter
    rq unresolved at the end of the qlarter

    0
    3

    The above slandalone financial results were reviewed by the A!dit Committee and thereafter approved by the Board of Direclors
    their respeclive meelings held on August 10, 2016. The above standalone financial resulls have been subjected lo limited review

    y the Statulory Auditors of the Company.

    . Figures ofthe previous year have been regrouped / rearranged / reclassified wherever necessary, to correspond with the current
    eriod's classiflcation / disclosure.
    . The Company operates in one geographicalsegment i.e. India & has idenlified two business segments i.e Segment-lwhich is
    ronsultancy,Commision & Brokerage & Segment - ll lnvestments in Bonds,Fixed Deposils & Loans & Advances . Segmenl Profll or
    oss is measured on the basis of Operating Profit or Loss of each respective segmenl. Segment Assets & Liabililies have been
    pportioned similarly.

    For & on behaliof the

    FRONTL1NE SECUR

    lace : Noida
    ate :Auqust 10, 2016

    >ft>-

    lRakesh K Jain)

    Dircctor
    DIN No:00050524

    Whole Time
    DIN NO.

    FRONTLINE SECURITIES LIMITED

    Regd Office : M-6, llnd Floor,M-Block Market, creater Kailash,ll, New Delhi_1 10048
    Branch Office ; B -22, Sector - 4 Noida, Uttar pradesh_ 2O13Ol
    CtN No: L74899DL1994pLC059837

    Website: www.fslindia.com, Email: lnvestor@fsltechnologies,com


    Segmentwise Revenue, Results and Capital Employed for the euarter ended June 30,20,16
    Rs. ln lakhs

    Quarter ended
    Particulars

    As on

    As on

    30.05.2016

    Unaudited
    Segment Revenue
    (A) Consultancy, Commission & Brokerage

    3,1

    .03,2016

    30-06.2015

    Audited

    987

    Year ended
    As on 3'1.03.2016

    As on
    Unaudited

    .45

    Audited

    (B) lnvestement in Bonds, FDR & Loans & Advances


    (C )Unallocated

    16.18
    142.33

    16.78
    (6.52)

    26.88

    38.66
    90.07

    125.49

    351.16

    Total

    16 8.3 8

    18.11

    158.99

    479.89

    '168.38

    14.11

    '158.99

    479.89

    0.62
    20.49

    6.77

    (19.14)

    124.39

    336.09

    (16.37)

    '145.50

    398.98

    152.88

    (16.37)

    145.50

    398.98

    (A) Consultancy, Commission & Brokerage

    319.36

    (e.32)

    (8) lnvestement in Bonds, FDR & Loans & Advances

    _02

    Lessr lnter Seqment Revenue


    Total lncome From Operations
    Segment Results
    (A) Consuliancy, Commission & Brokerage
    (B) lnvestement in Bonds, FDR & Loans & Advances
    (C )Una ocated

    3.05

    (2.04)

    936

    4.81

    140.47

    Total
    Less: (i) lnterest
    (ii) Other Unallocable Expenditure net ofF

    (Ii) Un-a locable lncome


    Total Profit Before Tax

    Segment Capital Employed


    (1.e5)

    (e.32)

    879.40

    1,072.43

    (C )Unallocated

    3,098.30

    2,895.28

    2,738.20

    2,895.28

    Total

    4,297.06

    3,958.39

    3,77 4.36

    3,958.39

    .
    Place:Noida
    Date : August 10, 2016

    .') -, q
    \---.2,J2
    ./t
    /

    For & on

    Ft

    -, -

    (Rdkesh K Jain)

    Director
    DIN No:00050524

    038.

    the

    Ra

    sEcr4

    ,472.43

    MITED

    \\
    (Gau-r Shanker

    P\

    Director
    DIN No:00051

    FRONTLINE

    SECURITIES LIMITED
    Branchoff.: B-22, sector - 4, Noida, U.p.-201 301,lNDtA
    Tel : +91-120-253 4066, 67, 68 Fax : +91-120-253 4i11
    E-mail- [email protected] Web : www.f sljndia.com
    CIN: 174899D1 1994p1C058837

    August 10, 2016


    Review Repo rt to:
    The Board of Directors,

    Frontline Securities Limited


    M-6, ll Floo r,
    M- Block Market
    reate r Kajiash-ll

    New Delhi 110048

    We have reviewed the accompanying statement of unaudited financial results of M/S Frontline
    Securities Limited for the quarter ended 30th June, 2016 except for the disclosures regarding 'public

    share holding' and 'Promoter and Promoter Group shareholding' which have been traced from
    disclosures made by

    the management and have not been audited by us. This statement is

    responsibility of the company's Management and has been approved by the Board
    Committee

    of

    of

    the

    Directors/

    Board of Board of Directors. Our responsibility is to issue a report on these financial

    statements based on ouT review.

    We conducted our review in accordance with the Standard on Review Engagement


    "Engagements

    (SRE) 2400,

    to Review Financial Statements" issued by the institute of Charted Accountants of lndia.

    This standard requires

    that we plan and perform the review to obtain moderate assurance as to

    whether the financial statements are free of material misstatement, A review is limited primarily to
    inquiries of company personnel and analytical procedures applied to financial data ancl thus provide less
    assurance than an audit. We have not performed an audit and accordingly, we do not express an audit

    opinion.
    /,:.

    /,

    Y
    7

    assurance than an audit. We have not performed an audit and accordingly, we do not express an audit
    o

    pin io n.

    Based on our reviews conducted as above, nothing has come

    to our attention that causes us to believe

    that the accompanyinB statement of unaudited financial results prepared in accordance with applicable
    accounting standards 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 obligations and

    disclosure requirements ) Regulations 2016 including the manner in which it is to be disclosed, or that it
    contains any materia I misstatement.

    For J. Jain & Company

    G\\\ilr:

    '"'.v.14

    Jayanti Jain
    Pa

    Place: New Delhi

    Date: 10th August, 2016

    rtner

    Membership No: 83450

    You might also like