BALRAMPUR CHINI MILLS LIMITED REGD. OFF. FMC FORTUNA’ 2ND FLOOR, 234/3A, A. J. C. BOSE ROAD, KOLKATA-700 020 PHONE : 2287-8749 FAX (033) 22873083 / 22808874 GRAM BALSUCO, CALCUTTA Email: bomi@verhin # Intemet Website hp "/Fwuwchinicom # CIN - L15421WB1975PLCO30118 20th May, 2016 ‘National Sek Pxchange of adia | BSE Limited The Calowtta Stock Exchange Limited “The Corporste Relationship Department | Limited Listing Dept Exchange Plaza, sth | Ist Flot, New Trading Wing, 7. Lyons Range, Floor, Rotunda Building, Kolkata ~ 700 001 loc No. Ci, Block, PhirczeJeejecbhoy Towers Bandcu Kurla Complex, Bandra (E) | Dalal iret, For, ‘Mumbai 400051 ‘Mumbai- 40000 Seip Caer 30005 Seip Code: 12012, Dear Sir) Madam, Sub: Outcome of the Board Meeting and Disclosure under Regulation 30 We wish to inform you that the Board at their meeting held today, Le. 20" May, 2016, has, inter alia, approved the following 1. Audited Financial Resul ‘Audited Financial Results (Standslone) for the Quarter and Year ended 31st March, 2016 and (Consolidated) forthe ‘Year ended 31st March, 2016. In this regued, we are enclosing herewith 2 copy of the following as prescribed under Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“the Listing Regulations”) 1. The Audited Financial Results (as tated above) in the detailed format as per the Listing Regulations, along with the Auditors’ Report. IL Form A in terms of Regulation 33, 2. Appointment of Director: Approved the appointment of Shri Sumit Mazumder (DIN: 00116654) as an Additional Director (independent Director) w.e.f. 21st May, 2016 for a term of five consecutive years, subject to shareholders’ approval at the ensuing Annual General Meeting ofthe Company. Shri Sumit Mazumder, MBA by qualification, is the Managing Director of TIL Limited since 1995 and also the Chairman of Tractors India Private Limited. He was appointed as the President of CII (Confederation of Indien Industry) for 2013-16 and is associated with many other companies. Shri Mazumder is not relsted t any of the Directors of the Company. Further, the said meeting commenced at 1.00 PM and concluded at 3.40 P.M. Thanking yu, Yous tty, amp Chi i Lite NRoyer™ Nin Bae (Company Secretiry) FAGTORIESSALAAV/AUR @ BABH\AN #TULSPUR « HADERGARH # ACEARDUR HATWAFUR # RAUZAGRON @ IMB GLAARIN MAIZAPUR @ RHALLASAD‘BALRANPUR CAIN MILLS UNITED eg nce 2094 Boss Rog FE Fons Md oan T) com. Cltovmraeccoa porate Fao) aes) 20086 ‘einst-bemg on in eet wah @ : = z eT cask —| ae] a os [svunenaeons rom sees in a) mmo] soe se mom | seams vmer| ae [et noone wo Spa Tre co as = Premarin dite ome rae eee toma) “aor oes] “oe biesenson aoreneicrpe fee ae By ton | eo tise vs (Sones zz ore oo eel ov zo ps] 1p, Josten toronto) = re] "se a wal oom ral 15. ferret cn aetna mney re 394) sen ea | mel era] oo | 1 [Peto any are cot as a ‘es or ee oe ae son natn fon see on 2080 fs on ute ae sa ia at a5} res ay 166) [Earns nor ater extra aes see ass . ae os 290 os aan] Er zi aca a = a a ae ‘. a 1 i Ber] zt 5 a 7a ee ovr ena a Se a =| Leste win] sete fe iseRegd. Offes: 25! 3A..A.0. 8058 Road, FC Fortuna, 2m Floor, Kolkata - 700020 CIN -L1B424WBTS7EPLCOSST, Phone No. 032) 22874749, Fax No. (093) 22873083 22800874 mall: Berl @ vem! in Web : ww. chin. core TBACRANPOR CHRTATES TID oO ia F Stan and abil aaa See Tear aaa Tae aaa su. Paieulars i016 s1no201s s1na016 suaazo1s No. cam Teak aaa o [Jk [EQUITY ANO DIRS [store capt ae 2uas| aus aaa fo) Reserves an surplus ‘20st 10409 20361 11026el Sub total: Shareholders fund 123069 128i “228%0) zr 2 fmnorty isorst - : 250 3. |Non current ibitios [tang rm bermsgs oat ecard 0080 201 fsoeterad itis ot) 20288 ana pian zs24 J citer ang tse iat ee 19] aa 610 [0 Long m provistns 250 2] 250 2] Sub -tta- Hon curont anion Taree rr a7 Tey J) ston te tarovnoe 92 ‘1820 ea 118283 Trace payables 4708 ry a7 73607 ener camer abines were ‘e229 sara res] J) Shorter provisions 387 349 coo | ‘Sub-total Current abies Terr] Zea Trase FD6ss TOTAL - EQUITY AND LIABILITIES EH] aT a [Fuca anete 12508 sa827 2659 ssee3y >) ceosst an Consoision i [2 nen curersinvcstmeris cas 007 sore aor [Long-term none ara vances 08 x0 5106 2004 Js}omsenen curen asses 322 17 322 aris ‘Sub-total Non currant aes Tani Tear] Tee TeasEa| 2 [eurentassets Ly ivorsoes seuss 120024 eos 102sf Jo) Trade vecevabies 76063 ‘se "ee3 ‘80 cs cath ana bank elences 36 ei ‘oor 2224 2) Stator ane and aevances S13 sox ste ane Je) Omer caren seis sist zn Be arm Sub-total Current asset Bos Bees ziarzy| Z| rorat assets} TE] Ta TE Ea [The above Ausites Financial Results woro roviowed by the Audit Committee and thereafter taken on record by the Board of Directors at their meoting hold on 20th May, 2016 at Kolkata, The figures tor the quarter ended 34st March, 2016 and 31st March, 2018 are the balancing figures between audited figures in respect ofthe ful financial yoar ended 31st March, 2016 and 31st March, 2016 reepectively and the unatisited published year to dato figures uoto 31st December, 2018 and 31st December, 2014 respectively, being the end ofthe third quarter of the respective financial year which were subjected to limited review. Jowring the quarter ended 81st March, 2016, tho Company has successfully commissioned the Installation of incineration boiler alongwith other nalancing oquipments et its Balrampur unit to achieve za discharge effluent waste in ts Distillery, to comply with Jorescribed guidelines on pollution. These projects will iso enabie the Company to run tho Distillery for higher number of days and JGonerate and export adeltional power [Exceptional items reprosont a) claim receivable writen off amounting to £16900 lacs in relation to Sugar Industrial Promotion Policy, 2004 and (b} Expenditure amounting to & 410 lacs on account of voluntary Retirement scheme in relation to Stat / workers of Company's sugar unit at Khallabad,‘BALRAMPOR CHIN MILLS UTD. Regd. Office: 294/9A, AJC. Bose Road, FMC Fortuna, 2nd Floor, Kolkata - 700020 ‘cn -L1s421Wet87SLC030118, Phone No. (03) 22874739, Fax No, (033) 22573085 22608878 all: bem @ bern - Wobste: wav.chin.com 5 [During tho quarter onded 31st March, 2016, the Company has alloted 15500 Equity Shares of ¥- each ata price of 45 por share [including premium of 44- per share) tothe eligible employees under the Employees Stock Option Schame of the Company. 6 |The Consolidated Aucited Financial Results include Company's Share in the results ofits Subsidiary 7 |The losses applicable to the Minority in the Subsidiary have exceeded the Minority Interest in the Equity of the Subsidiary. [such excess losses upto the date of becoming Subsidiary and subsequent thereto have boon adjusted with the ehare of Majority. [The minority interest shown inthe Statoment of Assets and Liabilities roprosonts Preforonce Sharoe issued by the Subsidiary. 8 [ugar being @ Seasonal industry, the performance ofthe Company varles from quarter to quarter, 9 [Previous quarters! period figures have been regrouped! rearranged wherever considared necossaty to make them comparable lwith those ofthe currant quartar! year Far and on PaTAT oT The Board oT DC ‘alrampur Chin His tea] ) Dwierores Pace ot inate: Koka ek fon Date: 20 ay, 2018 ania posG.P, AGRAWAL & CO. 7A, Kiran Shankar Ray Road, CHARTERED ACCOUNTANTS Kolkata ~ 700 001 Ph; (033) 2248 3941. Fax: (033) 2248 6814 Email: mail@gpaco.net INDEPENDENT AUDITOR'S REPORT TO THE BOARD OF DIRECTORS OF BALRAMPUR CHINI MILLS LIMITED We have audited the standalone quarterly financial results of BALRAMPUR CHINI MILLS LIMITED (“the Company”) for the quarter ended 31 March, 2016 and the year ended 31 March, 2016 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 financial results have been prepared on the basis of the annual financial statements, which are the responsibility of the Company's management and approved by the Board of Directors. Our responsibility is to express an opinion on these financial results based on our audit of such financial statements, which have been prepared in accordance with the Accounting Standards prescribed under Section 133 of the Companies Act, 2013 read with relevant rules issued thereunder 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. An audit includes examining evidence supporting the amounts disclosed in the financial results, An audit also includes assessing the accounting principles used and significant estimates made by the 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 (i) give a true and fair view of the net profit and other financial information for the quarter ended 31st March, 2016 as well as the year ended 31% March, 2016, ‘The figures of financial results for the quarter ended 31% March, 2016 are the balancing figure between audited figures in respect of the financial year and the published year to date figures up to the third quarter of the current financial year which were subject to limited review by us. ¥or G, P. AGRAWAL &CO. CHARTERED ACCOUNTANTS Firm’ Registration No. AU2082E sy Ceckts (CA.SUNITA KPDIA) Partner MEMBERSHIP NO 0162 Place of Signature: Kolkata Date : 20% May, 2016G.P. AGRAWAL & CO. 7A, Kiran Shankar Ray Road, WARTERED ACCOUNTANTS Kolkata ~ 700 001 Ph; (033) 2248 3941 Fax: (033) 2248 6814 Email: mail@gpaco.net INDEPENDENT AUDITOR’S REPORT ‘TO THE BOARD OF DIRECTORS OF BALRAMPUR CHINI MILLS LIMITED 1 We have audited the consolidated annual financial results of BALRAMPUR CHINI MILLS LIMITED (“the Holding Company”) and ils subsidiary (the Holding Company and its subsidiary together referred to as ‘the Group") for the year ended 31 March, 2016 attached herewith, being submitted by the Holding Company pursuant to the requirement of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. These consolidated annual financial results have been prepared on the basis of the related consolidated financial statements, which are the responsibility of the Company's management and approved by the Board of Directors. Our responsibility is to express an opinion on these consolidated financial results based on our audit of such consolidated financial statements, which have been prepared in accordance with the Accounting Standards prescribed under Section 133 of the Companies Act, 2013 read with relevant rules issued thereunder; and other accounting principles generally accepted in India 2 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 evidence supporting the amounts disclosed in the financial results. An audit also includes assessing the accounting principles used and significant estimates mace by the management. We believe that our audit provides a reasonable basis for our opinion. 3. Other Matters We did not audit the financial statements of Indo Gulf Industries Ltd., a subsidiary included in the consolidated annual financial results, whose annual financial statements reflect total assets of € 399,59 lacs as at 31 March, 2016 as well as total revenue of € 3,30 lacs for the year ended on that date. These annual financial statements and other financial information have been audited by another auditor whose report has been furnished to us, and otr opinion on the consolidated annual financial results to the extent they have been derived from such annual financial statements, is based solely on the report of such other auditor. 4. Inour opinion and to the best of our information and according to the explanations given to us, these consolidated annual financial results + (are presented in accordance with the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 in this regard; and G)_—_givea true and fair view of the consolidated net profit and other financial information for the year ended 31 March, 2016. ForG. P. AGRAWAL. & CO CHAR THD ACCOUNTANTS Flem’s Registation No. 3020826 nity Codes (CA. SUNITA KEDIA) Parner MEMBERSHIP NO 60162 Place of Signature: Kolkata Date :20® May, 2016© BALRAMPUR CHINI MILLS LIMITED Regd, Office :234/3A, A.C. Bose Road, FMC Fortuna, 2nd Floor, Kolkata - 700020 CIN - 113421WB1975PLC030118, Phone No. (033) 22874749, Fax No. (033) 22873083 / 22808874 E-mail: beml@bemLin - Website : www.chini.com, FORMA For Audit Report with Unmodified Opinion (Pursuant to Regulation 33 of SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015) T_ Name of the Company Balrampur Chini Mills Limited 2 Annual financial statements for the year 1st March, 2016 ended (Standalone) 3._ Type of Audit Observation Unmodified &_ Frequency of observation Not applicable FOR BALRAMPUR CHINI MILLS LIMITED. PA biucetay aor RN. Das Vivek Saraogi Chairman - Audit Committee Managing FOR GP. AGRAWAL & CO. Chartered Accountants Firm's Registration Number - 302082E ay Cede ant ss (CA. Sunita Kedia) Partner ‘Membership No. 60162 Place of Signature: Kolkata Date : 20th May, 2016, YL Pramod Patwari Chief Financial Officer© BALRAMPUR CHINI MILLS LIMITED Regd. Office : 234/3A, A,J.C. Bose Road, PMC Fortuna, 2nd Floor, Kolkata - 700020 CIN - L15421WB1975PL.C030118, Phone No. (033) 22874749, Fax No, (033) 22873083 / 22808874 E-mail: beml@beml.in - Website : www.chini.com, FORMA For Audit Report with Unmodified Opinion (Pursuant to Regulation 33 of SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015) 1__Name of the Company Balrampur Chini Mills Limited 2 Annual financial statements for the year 31st March, 2016 ended (Consolidated) 3._ Type of Audit Observation ‘Unmodified Frequency of observation Not applicable FOR BALRAMPUR CHINI MILLS LIMITED. Qi zew lyoceRara® eet RN, Das Vivek Saraogi Pramod Patwari Chairman - Audit Committee Managing Director Chief Financial Officer FOR GP. AGRAWAL & CO. — Chartered Accountants Firm's Registration Number - 3020825 fowl Weds (CA. Sunita Kedia) Partner Membership No. 60162 Place of Signature: Kolkata Date : 20th May, 2016.