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Sanjivani Paranteral Ltd.

BSE: 531569 Sector: Health care
NSE: N.A. ISIN Code: INE860D01013
BSE LIVE 19:27 | 19 Oct 5.51 0.26
(4.95%)
OPEN

5.51

HIGH

5.51

LOW

5.25

NSE 05:30 | 01 Jan Stock Is Not Traded.
OPEN 5.51
PREVIOUS CLOSE 5.25
VOLUME 7150
52-Week high 27.90
52-Week low 4.82
P/E
Mkt Cap.(Rs cr) 3
Buy Price 5.51
Buy Qty 450.00
Sell Price 0.00
Sell Qty 0.00
OPEN 5.51
CLOSE 5.25
VOLUME 7150
52-Week high 27.90
52-Week low 4.82
P/E
Mkt Cap.(Rs cr) 3
Buy Price 5.51
Buy Qty 450.00
Sell Price 0.00
Sell Qty 0.00

Sanjivani Paranteral Ltd. (SANJIVPARANT) - Auditors Report

Company auditors report

To

The Members of

SANJIVANI PARANTERAL LIMITED.

Report on the Financial Statements

We have audited the accompanying standalone financial statements of SANJIVANIPARANTERAL LIMITED. ("the Company") which comprise the Balance Sheet as at31st March 2015 and the Statement of Profit and Loss and Cash Flow Statement for theyear then ended and a summary of significant accounting policies and other explanatoryinformation.

Management's Responsibility for the Standalone Financial Statements

The Company’s Board of Directors is responsible for the matters stated in Section134(5) of the Companies Act 2013 ("the Act") with respect to the preparation ofthese standalone financial statements that give a true and fair view of the financialposition financial performance and cash flows of the Company in accordance with theaccounting principles generally accepted in India including the Accounting Standardsspecified under Section 133 of the Act read with Rule 7 of the Companies (Accounts)Rules 2014. This responsibility also includes maintenance of adequate accounting recordsin accordance with the provisions of the Act for safeguarding of the assets of the Companyand for preventing and detecting frauds and other irregularities; selection andapplication of appropriate accounting policies; making judgments and estimates that arereasonable and prudent; and design implementation and maintenance of adequate internalfinancial controls that were operating effectively for ensuring the accuracy andcompleteness of the accounting records relevant to the preparation and presentation ofthe financial statements that give a true and fair view and are free from materialmisstatement whether due to fraud or error.

Auditor's Responsibility

Our responsibility is to express an opinion on these financial statements based on ouraudit. We have taken into account the provisions of the Act the accounting and auditingstandards and matters which are required to be included in the audit report under theprovisions of the Act and the Rules made thereunder. We conducted our audit in accordancewith the Standards on Auditing specified under Section 143(10) of the Act. Those Standardsrequire that we comply with ethical requirements and plan and perform the audit to obtainreasonable assurance about whether the financial statements are free from materialmisstatement.

An audit involves performing procedures to obtain audit evidence about the amounts andthe disclosures in the financial statements. The procedures selected depend on theauditor’s judgment including the assessment of the risks of material misstatement ofthe financial statements whether due to fraud or error.

In making those risk assessments the auditor considers internal control relevant tothe Company’s preparation of the financial statements that give a true and fair viewin order to design audit procedures that are appropriate in the circumstances but not forthe purpose of expressing an opinion on whether the Company has in place an adequateinternal financial controls system over financial reporting and the operatingeffectiveness of such controls. An audit also includes evaluating the appropriateness ofaccounting policies used and the reasonableness of the accounting estimates made byCompany's Directors as well as evaluating the overall presentation of the financialstatements.

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

Opinion

In our opinion and to the best of our information and according to the explanationsgiven to us the standalone financial statements give the information required by the Actin the manner so required and give a true and fair view in conformity with the accountingprinciples generally accepted in India of the state of affairs of the Company as at 31stMarch 2015 and its loss and its cash flows for the year ended on that date.

Report on Other Legal and Regulatory Requirements

1. As required by the Companies (Auditor’s Report) Order 2015 ("theOrder") issued by the Central Government of India in terms of sub-section (11) ofsection 143 of the Companies Act 2013 we give in the Annexure a statement on the mattersspecified in paragraphs 3 and 4 of the Order to the extent applicable.

2. As required by section 143(3) of the Act we report that:

a) We have sought and obtained all the information and explanations which to the bestof our knowledge and belief were necessary for the purposes of our audit.

b) in our opinion proper books of account as required by law have been kept by theCompany so far as appears from our examination of those books.

c) the Balance Sheet Statement of Profit and Loss and Cash Flow Statement dealt withby this Report are in agreement with the books of account.

d) In our opinion the aforesaid standalone financial statements comply with theAccounting Standards specified under Section 133 of the Act read with Rule 7 of theCompanies (Accounts) Rules 2014.

e) With respect to the other matters to be included in the Auditor’s Report inaccordance with Rule 11 of the Companies (Audit and Auditors) Rules 2014 in our opinionand to the best of our information and according to the explanations given to us:

i) The Company does not have any pending litigations which would impact its financialposition.

ii) The Company did not have any long-term contracts including derivative contracts forwhich there were any material foreseeable losses.

iii) There were no amounts which were required to be transferred to the InvestorEducation and Protection Fund by the Company.

For MILIND MEHTA & CO.
Chartered Accountants
Firm Registration No: 129664W
(MILIND MEHTA)
Place : Mumbai PROPRIETOR
Date : 30th May 2015 Membership No. 047739

ANNEXURE REFERRED TO IN OUR REPORT OF EVEN DATE

1. In respect of fixed assets:

a) The Company has maintained proper records showing full particulars includingquantitative details and situation of fixed assets on the basis of available information.

b) As explained to us these fixed assets have been physically verified by themanagement at reasonable intervals. No material discrepancies were noticed on suchphysical verification.

2. In respect of its inventories:

a) As explained to us. Inventories have been physically verified by the management atreasonable intervals during the year.

b) In our opinion and according to the information and explanations given to us theprocedure of physical verification of inventories followed by the management is reasonableand adequate in relation to the size of the company and the nature of its business.

c) The Company has maintained proper records of inventories. As explained to us therewere no material discrepancies noticed on physical verification of inventory as comparedto the book records.

3. The Company has not granted any loans secured or unsecured to companies firms orother parties covered in the register maintained under section 189 of the Act.Accordingly clause 3(a) & 3 (b) are not applicable.

4. In our opinion and according to the information and explanations given to us thereare adequate control systems commensurate with the size of the company and the nature ofits business for the purchase of inventory fixed assets and also for the sale of goodsand services. During the course of our audit we have not observed any major weaknesses ininternal control system.

5. The company has not accepted any deposits from the public.

6. The Central Government has prescribed maintenance of cost records under Section 148(1) of the companies Act 2013. We have been informed that the said records are underpreparation.

7. In respect of statutory dues :

a) According to the records of the company undisputed statutory dues includingProvident Fund Investor Education and Protection Fund Employee’s State InsuranceIncome Tax Sales Tax Wealth Tax Service Tax Custom Duty Excise Duty Cess and otherstatutory dues have been generally regularly deposited with the appropriate authorities.According to the information and explanations given to us no undisputed amounts payablein respect of aforesaid dues were outstanding as at the balance sheet date for a period ofmore than 6 months from the date of becoming payable.

b) There are no disputed dues which have not been deposited by the company in respectof Sales Tax/Income Tax/Custom Tax/Wealth Tax/Excise Duty or Cess.

c) In our Opinion and records available with the company no amount is required to betransferred to Investor education and protection fund in accordance with relevantprovisions of the Companies Act 1956.

8. The company has no accumulated losses and has incurred cash losses during thefinancial year covered by our audit but not in the immediately preceding financial year.

9. Based on our audit procedures information and explanations given to us in ouropinion the company has not defaulted in repayment of dues to financial institutions andbanks. The Company does not have any outstanding debentures during the year.

10. According to the records of the company and as per information & explanationsgiven to us the Company has not given any guarantee for loans taken by others from bankor financial institutions.

11. In our opinion the term loans raised by the company during the year has beenapplied for the purpose for which it was raised.

12. In our opinion and according to the information and explanations given to us nofraud on or by the Company has been noticed or reported during the year that causes thefinancial statements to be materially misstated.

For MILIND MEHTA & CO.
Chartered Accountants
Firm Registration No: 129664W
(MILIND MEHTA)
Place : Mumbai PROPRIETOR
Date : 30th May 2015 Membership No. 047739