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C. L. OSTWAL & CO. sia
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Review Report
To the Board of Directors of Saboo Brothers Limited
1. We have reviewed the accompanying statement of Unaudited financial results (the
“Statement") of Saboo Brothers Limited (the “Company’) for the quarter ended
September 30, 2015 and the year to date results for the period April 1, 2015 to
‘September 30, 2015, except for the disclosures regarding ‘Public Shareholding’ and
“Promoter and Promoter Group Shareholding’ which have been traced from disclosures
made by the management and have not been audited or reviewed by us. This Statement
is the responsibility of the Company's Management and has been approved by the Board
of Directors. Our responsibility is to issue a report on the Statement based on our
review.
We conducted our review in accordance with the Standard on Review Engagements
(SRE) 2410, Review of Interim 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 Statement is free of material misstatement. A review is limited primarily
to inquiries of company personnel and analytical procedures, applied to financial data
and thus provides 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 prepared in accordance with applicable
accounting standards, as notified under the Companies (Accounting Standards) Rules,
2006 read with Rule 7 of the Companies (Accounts) Rules, 2014 in respect of Section
133 of the Companies Act, 2013 and other recognised accounting practices and policies
has not disclosed the information required to be disclosed in terms of Clause 41 of the
Listing Agreement, including the manner in which itis to be disclosed, or that it cont
any material misstatement.
For C. L. Ostwal & Co
Chartered Accountants
per Ashish Ostwal
Partner
Membership No: 405273
Udaipur
November 13, 2015