Date: 1 st June, 2017 The Manager (Listing) BSELimited Phiroze [eejeebhoy wers Dalal Street Mumbai - 400001 Sub: Revised Outcome of 112017-18 Board Meeting Ref: Scrip Code No. 538351 Dear Sir, This is in respect to the captioned subject matter, due to some inadvertent circumstances we uploaded wrong Financial Statement. We are now hereby submitting revised outcome along with revised Standalone Audited Financial Results for the Quarter and Year ended March 31, 2017. Kindly acknowledge the same, This is for your information and records. Thanking you, Yours faithfully E-mail: info.afenterprises@gmail,com Website: www.afenterprisesltd.com
Dated: May 30, 2017 The Manager (Listing) BSE Limited Phiroze Jeejeebhoy wers Dalal Street Mumbai - 400001 Dear Sir/Madam, Sub: Outcome ofthe 1 st Board MeetinK offy (2017-18} Ref: Scrip Code No. 538351 Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("Listing Regulations"), we wish to inform you that the Board of Directors of the Company i.e. A F Enterprises Limited at its meeting held today i.e, 30 th May, 2017 at the Registered Office of the Company wherein the following businesses were transacted: 1. Considered and approved Statement of the Standalone Audited Financial Results for the Quarter and Year ended March 31, 2017 along-with Auditor's Report, Statement of Assets and Liabilities of the Company and a Declaration in respect of Audit Report with unmodified opinion, as per Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements), Regulations, 2015 are enclosed. 2. Accepted the resignation of Mr. Santosh Kumar Kushawaha from the post of Whole Time Director of the Company. The Board Meeting commenced at 3:00 P.M. and conducted at 8. 30 P.M. This is for your information and record. Thanking you, Yours faithfully Company Secretary & Compliance Officer ACS-47813 Regd. Off.: DSM-334, IIIrd Floor, DLF wer, Shivaji Marg, Delhi-ll0015 Phone: 011-45084850
AF Enterprises Limited Statement of Standalone Audited Financial results for Quarter Ended on 31.03.2017 (In Rs ) Sr. Particulars Quarter ended Year ended No 31-03-2017 31-03-2016 31-12-2016 31-03-2016 31-03-2017 (Audited) (Audited) (Un-Audited) (Audited) (Audited) 1 Income From Operations: (a) Net Sales 601,68,450 1622,93,840 11,055, 1824,29,889 604,01,372 (b) Other Incomes 26,853 6,32,636 20-30,448 tal Income from Operations 601,95,303 1629,26,476 11,075 1824,29,889 604,31,820 i- 2 Expenses: Increase/ Decrease in stock-intrade and work in progress (257,67,534) - - 1,05,490 (257,67,534) Purchase of traded goods 801,53,916 1613,91,297 4,250 1791,28,567 803,36,266 Employee Benefit Expenses 4,58,294 2,07,956 2,73,777 7,38,640 13,46,831 Depreciation Expenses 2,96,037 3,156 1,07,056 12,622 4,92,523 BSEListingFees - - - - 2,39,262 Advertisement Expenses 10,198 18,187 7,128 63,596 45,417 Rent 1,98,360 2,07,000 80,180 3,11,400 5,88,607 Conveyance 12,059 72,450 8,077 2,75,167 34,628 Legaland Professional expenses 10,32,765 1,10,493 16,960 3,72,858 13,76,677 Other expenses (Anyitem 4,16,870 6,66,681 5,36,617 9,03,303 14,88,397 exceeding 10% of the total expenses relating to continuing operations to be shown separately) - tal Expenses 568,10,964 1626,77,220 10,34,045 1819,11,643 601,81,073 3 Profit/Loss from operations before other income, finance costs and exceptional items (1 2) 33,84,339 2,49,256 (10,22,970) 5,18,246 2,50,747 4 Other income - - - - - 5 Profitt Loss from ordinary activities before costs and exceptional items (3+4) 33,84,339 2,49,256 (10,22,970) 5,18,246 6 Finance Costs - - - 9,679 2,50,747 7 Profitt (Loss)from ordinary activities after finance costs but before exceptional items (5-6) 33,84,339 2,49,256 (10,22,970) 5,08,567 2,50,747 8 Exceptional Items - - - - - 9 Profitt (Loss) from ordinary activities before taxes (7+8) 33,84,339 2,49,256 (10,22,970) 5,08,567 2,50,747 10 Tax Expenses 78,960 83,268-1,58,587 78,960 11 Net Profit/ (Loss )from ordinary activities after taxes (9-10) 33,05,379 1,65,988 (10,22,970) 3,49,980 12 Extraordinary items - - - 1,71,787-13 Net profit/(loss) for the period (11+12). 33,05,379 1,65,988 (10,22,970) 3,49,980 1,71,787
14 Paid up Share Capital (Face Value is Rs. 10/- per share) 400,00,000 400,00,000 400,00,000 400,00,000 400,00,000 15 Reserve excluding Revaluation Reserves as per balance sheet of previous accounting year 6(i Earnings Per Share (before extraordinary items) (of Rs.10/- each) (not ilnnualised): a) Basic 0.88 0.04-0.26 0.09 0.04 b) Diluted 0.88 0.04-0.26 0.09 0.04 G(1iEarnings Per Share (after extraordinary items) (of Rs.l0/- each) (not annuallsed): a) Basic 0.88 0.04-0.26 0.09 0.04 b) Diluted 0.88 0.04-0.26 0.09 0.04 - NOTES:- 1 The above audited financial results have been reviewed by the audit committee and have been approved and taken on record by the Board of Directors in their meting on 30th May, 2017 and the statutory auditors of the companyhave audited the financials results for the quarter and year ended 31st March, 2017. An unmodified opinion has been issued and the same is being field with the stock exchange along with the above results 2 Purusuant to SEBI (Listing and Disclosures Requirements) Amendment Regulations, 2016 issued by SEBI vide Notification Dated 25th May, 2016, we hereby declare that the above financial results are not qualified by the statutory Auditors of the ~m~~. 3 The figures of the quarter ended 31st March, 2017 are balancing figuresbetween audited figures in respect of the full financial year and the unaudted published year to date figures upto the third quarter ended 31st December, 2016, which were subject to limited review. 4 Figures for the previous periods have been regrouped and reclassified, wherever required, to make them comparable with figures of the current period 5 Figures for the previous period have been reclassified/regrouped wherever necessary to confirm to current year's classification. FORAF ENTERPRISES For ~~E~~se~ Llmitilll"t ShW~~ DIRECTOR DIN: 07452923 DirectoI Date: 30.05.2017 Place: New Delhi
CIN : L18100DL 1983PLCO AUDITED STANDALONE STATEMENT OF ASSETSAND LIABILITIES AS ON 31.03.2017 Particulars 31st March 2017 31st March 2016 (Rupees) (Rupees) 6354 EQUITY AND LIABILITIES Shareholders' fund Share Capital 40000000 40000000 Reserves and Surplus -10893415-11064802 Non-Current liabilities, '\. Long-term borrowings 1024225 - Deferred tax liabilities (net) - 2661 Current liabilities Short-Term Borrowing 1210866 1390000 Trade Payables 60023234 1112450 Other current liabilities 5860445 98266 Short-Term Provisions 2791 978 tal 97228146 31539553 ASSETS Non-Current Assets Fixed Assets Tangible Assets 2090108 18934 Deferred Tax Asset 26637 Current Assets Inventories 25767534 0 Trade Receivable 44125589 9243915 Cash and Cash Equivalents 978723 627912 Short term Loan and Advances 24210342 21648792 Other current assets 29214 tal 97228146 31539553 O~l!.w!..RISES or ~ses limited Shwe a Gupta DIRECTOR DIN: 07452923 Director Place: New Delhi Date: 30.05.2017
Dated: May 30, 2017 The Manager (Listing) BSELimited Phiroze Jeejeebhoy wers Dalal Street Mumbai - 400001 DECLARATION UNDER REGULATION 33(3) (d) OF SEBI flodr) REGULATIONS REGARDING UNMODIFIED OPINION BY AUDITOR Pursuant to Regulation 33(3) (d) of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015, we hereby declared that the Statutory Auditors of the Company, Mjs V.N Purohit & Company, Chartered Accountants, have issued the Audit Report with unmodified opinion( s) on the Standalone Audited Financial Results as prepared under the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015 for the quarter and financial year ended 31 st March 2017. Please take the above information in your record. Thanking You
V.-N. PUROHIT & CO. CHARTERED (ESTO. 1961) ACCOUNTANTS 214, New Delhi House. 2nd Floor, 27, 8arakhamba Road, New Delhi - 110001 Telefax: 43596011 E-mail: vnpde!hi@vnpaudit.com Website: www.vnpaudit.com Auditor's Report on Quarterly Financial Results and Year to Date Results of the Company Pursuant to the Regulation 33 of the SESI (listing Obligations and Disclosure Requirements) Regulations, 2015 Soard of Directors of A F ENTERPRISES We have audited the quarterly financial results of A F Enterprises limited for the quarter and year ended March 31, 2017 and the year to date results for the period April 1, 2016 to March 31, 2017 attached herewith, being submitted by the company pursuant to the requirement of Regulation 33 of the SEBI (listing Obligations and Disclosure Requirements) Regulations, 2015. These quarterly financial results as well as the year to date financial results have been prepared on the basis of the interim financial statements, which are the responsibility of the company's management. Our responsibility is to express an opinion on these financial results based on our audit of such interim financial statements, which have been prepared in accordance with the recognition and measurement principles laid down in Accounting Standard for Interim Financial Reporting (AS 25), prescribed, under Section 133 of the Companies Act, 2013 read with relevant rules Issued thereunder, as applicable and other accounting principles generally accepted in India. We conducted our audit in accordance with the auditing standards generally accepted in India. Those standards require. that we plan and perform the audit to obtain reasonable assurance about whether the financial results are free of material misstatement(s). An audit includes examining, on a test basis, evidence supporting the amounts disclosed as financial results. An audit also includes assessing the accounting principles used and significant estimates made by management, We believe that our audit.provides a reasonable basis for our opinion. In our opinion and to the best of our information and according to the explanations given to us these quarterly financial results as well as the year to date results: (i) are presented in accordance with the requirements of Regulation 33 of the SEBI (listing Obligations and Disclosure Requirements) Regulations, 2015 in this regard; and (ii) give a true and fair view of the net loss and other financial information for the quarter ended 31st March, 2017 as well as the year to date results for the period from April 1, 2016 to March 31, 2017. FOR V.N PUROHIT & CO., Chartered Accountants ~v Gaurav Joshi (Partner) M, No: 516027 Date:. 30105/2017 Place:. New Delhi, Office: SUIt No 4G, 4th Floof. DIamond Chambers. Urnt-ll]. 4, Chownnghee Lane. Kol ata 70oo16 Wesl Bengal Tel' (033) - 40014849/4850 E~~p~~ata@vnpaUd'l com Secunderabad: 5016 Emrald HO\J5e, 1.7-~. S 0 Road. Secunderabad-500003 Telangana Tel (040) 66492776 E-mail: vnphyderabad~ ~u I com Durgapur Office: A-4,NandlalSrthi. Grotlnd FIoo'. aty Cenle!.Ourga~r-713216, Dlst Burdwan, West 8el1ga1TeI:(040) 66492776E~mall. vnpdurgapur@vnpaudllcom