Triveni Engineering & Industries : Results announcement for Q4 FY 17

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!! INDUSTRIES LTD.

CORPORATE OFFICE

s· Floor, Express Trade Towers, 15-16, Sector 16A, Naida - 201301, U.P., India

T: +91 120 4308100 I F:+91 120 4311010-11

W: www.trivenigroup.com

REF TEIL SE

By E-filing

Date: 20•• Mav, 2017

Dear Sirs,

This is to inform you that the Board of Directors of the Company at their meeting held today i.e. May 20, 2017, has:

1. Considered and approved the Audited Financial Results (stand-alone and consolidated) for the 4'" quarter and financial year 2016-17 ended March 31, 2017. Accordingly, the said results, in the prescribed format, are enclosed together with Auditors Reports and the Newspaper publication issued by the Company.

   We hereby declare that MisJ.C. Bhalla &Co., Chartered Accountants, Statutory Auditors of the Company have issued Audit Reports with an unmodified opinion on the said Audited Financial Results.

2. Recommended that MisS.S. Kothari Mehta &Co., Chartered Accountants, New Delhi be appointed as the Statutory Auditors of the Company to audit the accounts of the Company including its branch offices, for a term of five consecutive years commencing from the concl usion of the ensuing 81" Allllual General Meeting (AGM) till the conclusion of the 86'" AGM, subject to approval of the shareholders of the Company. A brief profile of MisS.S. Kothari Mehta &Co., Chartered Accountants is enclosed as Annexure A.

It may be noted that in terms of Section 139 of the Companies Act, 2013, the term of M/s

J.C. Bhalla &Co., Chartered Accountants, and Mis Virmani &Associates, Chftrtered Accountants, the present Statutory Auditors and Branch Auditors respectively of the Company will end at the conclusion of the ensuing 81"AGM of the Company.

The meeting of the Board commenced at I I .00 a.m. and concluded at 5.00 p.m.

You are requested to please take the above on record and disseminate to all concerned. Thanking you,

Yours faithfully,

For Triveni Engineering &Industries Ltd.,

q.1.J f>

/dEETA BHALLA

Group Vice President &

Company Secretary

Encl: As above

Regd. Office: Deoband, District Saharanpur, Uttar Pradesh -247 554

CIN : L15'121UP1932PLC022174

Annexnre A

Brief Profile of M/s S.S.Kothari Mehta &Co.

M isS.S. K oth ari Meh ta &Co., (SSKM), a fir m of Charte red A ccountants i s reg istered wi th the In st i t u te of Ch artered A ccoun tants of Ind ia as we l l as w i th HLB Intern at i on al , (An A ssoc i at i on of Independ ent A ccou n t i n g Fi rm s wo rl d w i d e) to rep rese n t HLB in North ern and Eastern In d ia. SSK M h as v i d e p resen ce w i th i t s offices i n all fou r reg i ons of In d ia . Th ey ha ve v ar i ou s l arge/ m ed i u m &MNC s as cl ient s across in d u stry sectors i.e., cem ent , Power, en g i n eeri n g, texti l e, sugar, con structi on , ban k i n g and finan c i al sector. Th e firm is act i n g as Au d itors to compa n i es listed on th e Stock Ex changes. The F irm Regi stration N u mber i s 00 0756N.

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CHARTERED ACCOUNTANTS

BRANCH OFFICE , B-5, SECTOR-6, NOIDA • 201 301 (U.P.) TEL. , +91 - 120 - 4241000, FAX , +91-120-4241007

E·MAIL , taxaid@vsnl.com

INDEPENDENT AUDITORS' REPORT

TO THE BOARD OF DIRECTORS OF TRIVENI ENGINEERING &INDUSTRIES LIMITED

1. We have audited the accompanying Statement of Standalone Financial Results of Triveni Engineering &Industries Limited ("the company") for the year ended March 31, 2017 ("the Statement") being submitted by the Company pursuant to the requirement of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as modified by Circular No. CIR/CFD/FAC/62/2016 dated July 5, 2016.

   This Statement, which is the responsibility of the Company's Management and approved by the Board of Directors, has been compiled from the related standalone Ind AS Financial Statements which has been prepared in accordance with the Indian Accounting Standards prescribed under section 133 of the Companies Act, 2013 read with relevant· rules issued thereunder ('Ind AS') and other accounting principles generally accepted in India. Our responsibility is to express an opinion on the Statement based on our audit of such standalone financial statements.

2. We conducted our audit in accordance with the Standards on Auditing issued by the Institute of Chartered Accountants of India. Those Standards require that we plan and perform the audit to obtain reasonable assurance about whether the Statement is free from material misstatement. An audit includes examining, on a test basis, evidence · supporting amounts disclosed in the Statement. An Audit also includes evaluating the appropriateness of the accounting policies used and the reasonableness of the significant accounting estimates made by the Management, as well as evaluating the overall presentation of the Statement.

   We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinion.

3. In our opinion and to the best of our information and according to the explanations given to us, the Statement;

4. is presented in accordance with the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as modified by Circular No. CIR/CFD/FAC/62/2016 dated July 5, 2016 ; and

5. IL gives a true and fair view in conf ormity with the aforesaid Accounting Standards

   4•P.

   and other accounting principles generally accepted in India of the net profit and

   I(. other financial information of the company for the year ended March 31, 2017.

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   HEAD OFFICE : B-17, Maharani Bagh, New Delhi - 110065 Tel. : +91-11-41551155

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   4, The Statement includes the results for the quarter ended March 31, 2017 being the balancing figure between audited figures in respect of the full 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.

   5. We did not audit the Financial Results of three branches of the Company considered in the preparation of the Statement and which constitute total assets of 33552 lakhs and net assets of 17615 lakhs as at March 31, 2017 and total revenue of 27482 lakhs and net profit before tax of 413 lakhs for the year ended March 31, 2017. These Financial Results and other financial information have been audited by other auditor whose reports have been furnished to us. Our conclusion on the Statement, to the extent they relate to these branches, is based solely on the reports of the other auditor.

   For and on behalf of

   J.C. Bhalla and Co.

   Chartered Accountants

   FRN : 001111N

   I

   Sudhir Mallick

   Partner

   Place : Noida (U.P.)

   Membership No.80051

   Date : May

   1

   , 2017