tANOPY 'INANtE WIlTED

(Formerly Known as Kartavya IJdYOI!Viniyol! limited)

(IN: 165910WB1981PU033821
196 (, t R. AVENIlE
KOIUIA- 700 007
Ph: 033 6502-7275
Website: WWW.kartavYa.info
Email fd:info@kartavYa.infO

Date: 08/02/2017

The Secretary
Calcutta Stock Exchange Limited
.Jhe Secretary
BSE Limited,
7, Lyons Range, P.J. Tower, Dalal Street,
Kolkata-700001,INDIA Mumbai-400001
ScrlQ_tCode : 539304
Sir/Madam,

Subject: Outcome of Board Meeting held on 8th February. 2017

We wish to inform you that:

The Board atits:'meeting held today i.e.8th February, 2017 considered and approved the Unaudited Financial
Results for the~quarter and nine months ended 31st December, 2016. A copy of the Unaudited Financial
Results and Limited Review Report for the quarter and nine months ended on 31st December, 2016 is
forwarded to you for your record and reference.

For Canopy Finance Limited

CANOPY FINANCE LTD.

~~~\~,,~'
Director/Authorised Signatory
(Directorl Authorised Signatory)
....
CANOPY FINANCE LIMITED
(Formerly Known As KARTAVYA UDYOG VINIYOG LIMITED)
196/C C.R AVENUE KOLKATA -700007
STANDALONE UNAUDITED FINANCIAL RESULTS FOR QUARTER AND NINE MONTHS ENDED ON 31ST DECEMBER,2016
CIN' L6591OWB1981PLC033821
Amount in Rs.
Particulars Three months Previous Corresponding Year to date figures Year to date Previous
ended 3 months ended three months in for current Period figures for the accounting
(31/12/2016) (30109/2016) the previous year ended (31/12/2016) previous year year ended
(31/12/2015) ended (31/03/2016)
(31/12/2015)
Unaudited Unaudited Unaudited Unaudited Unaudited Audited
1 Income from Ooerations
(a) Net Salesllncome from operations (Net
of excise dutvl
b) Other Operating Income
- - - - - -
695,000 510,000 1,450,797 2,086,338 4,631,815 5,612,835
Total Income from Operations (net) 695,000 510,000 1,450,797 2,086,338 4,631,815 5,612,835
2 Exoenses
a) Cost of Materials consumed - - - - - -
b) Purchase of Stock- in-trade
(c)Changes in inventories of finished
- - - - -
goods,work-in-progressand stock-in-trade
(d) Employee benefits expense
- - - - -
253,565 253,283 195,555 730,598 627,953 873,153
ilelDeoreciation and amortisation exoense
(f)Other expenses
- - - - - -
(any item exceeding 10% of the total
expenses relating to continuing operations
to be shown separately) 107,524 129,850 181,140 428,607 873,229 3,871,137
-General exoenses 72,605 67,523 - 224,069 304,923
- Bad debts - - - - 1,144,005
- Nfo Profit - - 235,540 - 3,288,008 -
-Listing fees
- - - 257,625 - 278,890
Total Expenses 433,694 450,656 612,235 1,640,899 4,789,190 6,472,108

3 Profitl(Loss) from Operations before

other income, finance costs and
exceptional items (1-2)
261,306 59,344 838,562 445,439 _l157,3751 (859,2731
4 Other Income
5 Profitl(Loss) from Ordinary Activities
- - - - - -
before finance costs and exceptional
items (3:!: 41
261,306 59,344 838,562 445,439 _l157,3751 (859,2731
6 Finance Costs
7 Profitl(Loss) from Ordinary Activities
- - - - - -
after finance costs but before
exceptional items(5:!: 6)
261,306 59,344 838,562 445,439 (157,3751 (859,273)
8 Exceotional Items - - - - -
9 Profitl(Loss) from ordinary activities a
before tax (7 :!:8)
261,306 59,344 838,562 445,439 _{157,3751 (859,273)
10 Tax Expenses
11 Provision for Standard Assets
- - - - -
(124,850)
12 Net Profitl (Loss) from Ordinary
Activities after tax (9 - 10)
261,306 59,344 838,562 445,439 j_157,375) (984,123)
13 Extraordinary Items - - - - - -
14 Net Profit I(Loss) For The Period (11 :!:.
12)
261,306 59,344 838,562 445,439 (157,375) 1984,123)
14 Paid-up Equity Share Capital (Face Value
Rs:10/- per share)
92,930,000 92,930,000 92,930,000 92,930,000 92,930,000 92,930,000
15 Reserves excluding Revaluation Reserves
as per balance sheet of previous
accountina Year - - - - - -
16 Reserves excluding Revaluation Reserves
as per balance sheet of previous
accountino vear
17 Earning Per Shares (of Rs. 10/- each) (not
- - - - - (1,553,706)

annualised)
(a) Basic 0.03 0.01 0.09 0.05 _(0.02) (0.11)
(b) Diluted
0.03 0.01 0.09 0.05 (0.02) 10.11)

Notes
1. The above resultswere reviewed by the Audit Committee and thereafter taken on record by the Board of Directors at its meeting held on 08/02/2017
2. The StatutoryAuditors have carried out the Limited Review of the above Financial Results.
3. Figures for the previous year/quarterhave been regrouped/recastedwherever necessary.
4. The above results will be availableon Company'swebsite www.kartavya.info
5. Duringthe quarter ended 31st December.2016 and the corresponding previous quarter/year,the Companyhas operated only in one
geographicalsegment Hence segment reporting as per AS 17 is not given.
6.Current year provisionfor taxation will be determined and made at the end of the current year i.e. F.Y. 2016-2017
7. As on 31ST December.2016 the entire income from operation is derived from interest income, which is therefore in compliance with Reg 45 of SEBI LODR, Regulation.
2015.
Place: Kolkata
Date: 08/0212017

i d SI t
Director/Authorized sill.nato ry
Olrector/AuInor se gna ory
 P-1, Hyde Lane, Suite No. - 7B
A. 'Saraogi li Associates 7th Floor, Kolkata - 700 073
ir :4005-2404, 2221-5840,2236-5840
Chartered Accountants e-mail: anneelsaraogi@gmail.com

LIMITED REVIEW REPORT

To,
The Board of Directors,
CANOPYFINANCELIMITED .
(FORMERLYKNOWN AS KARTAVYA UDYOG VINIYOG LIMITED)
196!C,C.R. AVENUE,
KOLKATA-700007

We have reviewed the accompanying statement of unaudited financial results of CANOPY FINANCE
LIMITED for the nine months and quarter ended 31st December, 2016. This statement is the responsibilityof
the Company's Management and has been approved by the Board of Directors! Committee of Board of
Directors.Our responsibility is to issue a report on these fmancial statements based on our review.

We conducted our review in accordance with the Standard on Review Engagement (SRE) 2400, Engagements
to Review Financial Statements, 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 financial
statements are free of material misstatement. A review is limited primarily to inquiries of company personnel
and analyticalprocedures applied to financial data and thus provide less assurance than an audit. We have not
performedan 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 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, 2015 including the manner in which it is to 'be disclosed, or that it contains any material
misstatement.

Place: Kolkata
Date: 08 102/2017

A SARAOGI & ASSOCIATES

Chartered Accountants
Firm Registration No: 322993E

(Pankaj Lodha)
(Partner)
Membership No. - 060535