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Moongipa Securities Ltd.

BSE: 539199 Sector: Financials
NSE: N.A. ISIN Code: INE618R01015
BSE 00:00 | 30 Jun 2.30 0
(0.00%)
OPEN

2.30

HIGH

2.30

LOW

2.30

NSE 05:30 | 01 Jan Moongipa Securities Ltd
OPEN 2.30
PREVIOUS CLOSE 2.30
VOLUME 18000
52-Week high 2.85
52-Week low 2.30
P/E
Mkt Cap.(Rs cr) 1
Buy Price 2.30
Buy Qty 1000.00
Sell Price 0.00
Sell Qty 0.00
OPEN 2.30
CLOSE 2.30
VOLUME 18000
52-Week high 2.85
52-Week low 2.30
P/E
Mkt Cap.(Rs cr) 1
Buy Price 2.30
Buy Qty 1000.00
Sell Price 0.00
Sell Qty 0.00

Moongipa Securities Ltd. (MOONGIPASEC) - Auditors Report

Company auditors report

TO THE MEMBERS OF MOONGIPA SECURITIES LIMITED

Report on the Financial Statements

We have audited the accompanying Ind AS financial statements of Moongipa SecuritiesLimited ("the Company") which compnse the Balance Sheet as at 31st March. 2019and the Statement of Profit and Loss and the Cash Flow Statement and a summary of thesignificant accounting policies and other explanatory information

Management's Responsibility tor the Ind AS 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 Ind AS financial statements that give a true and fair view of the financialposition financial performance and cash flows of the Company in accordance with theIndian Accounting standards (Ind As) prescribed under section 133 of the Act read with theCompanies (Indian Accounting Standards) Rules 2015 as amended and other accountingprinciples generally accepted in India

This responsibility also includes maintenance of adequate accounting records inaccordance with the provisions of the Act for safeguarding the assets of the Company andfor preventing and detecting frauds and other irregularities selection and application ofappropriate accounting policies making judgments and estimates that are reasonable andprudent and design implementation and maintenance of adequate internal financialcontrols that were operating effectively for ensuring the accuracy and completeness ofthe accounting records relevant to the preparation and presentation of the Ind ASfinancial 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 Ind AS financial statements basedon our audit In conducting our audit we have taken into account the provisions of theAct the accounting and auditing standards and matters which are required to be includedin the audit report under the provisions of the Act and the Rules made there under and theOrder under section 143 (11) of the Act

We conducted our audit of the Ind AS financial statements in accordance with theStandards on Auditing specified under Section 143(10) of the Act Those Standards requirethat we comply with ethical requirements and plan and perform the audit to obtainreasonable assurance about whether the Ind AS financial statements are free from materialmisstatement

An audit involves performing procedures to obtain audit evidence about the amounts andthe disclosures in the Ind AS financial statements The procedures selected depend on theauditor's judgment including the assessment of the risks of material misstatement of theInd AS financial statements whether due to fraud or error In making those riskassessments the auditor considers internal financial control relevant to the Company'spreparation of the Ind AS financial statements that give a true and fair view in order todesign audit procedures that are appropriate in the circumstances An audit also includesevaluating the appropnateness of the accounting policies used and the reasonableness ofthe accounting estimates made by the Company's Directors as well as evaluating theoverall presentation of the Ind AS financial statements We believe that the audit evidencewe have obtained is sufficient and appropriate to provide a basis for our audit opinion onthe Ind AS financial statements Opinion

In our opinion and to the best of our information and according to the explanationsgiven to us the aforesaid Ind AS financial statements give the information required by theAct in the manner so required and give a true and fair view in conformity with theaccounting principles generally accepted in India of the state of affairs of the Companyas at 31st March 2019. its loss and its cash flows

Report on Other Legal and Regulatory Requirements

1 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 kepi by theCompany so far as it appears from our examination of those books

c) The Balance Sheet the Statement of Profit and Loss and the Cash Flow Statementdealt with by this Report are in agreement with the books of accounL

d) In our opinion the aforesaid Ind AS financial statements comply with AccountingStandards prescribed under section 133 of the Act. as applicable

e) On the basis of the written representations received from the directors as on 31stMarch 2019 taken on record by the Board of Directors none of the directors isdisqualified as on 31st March 2019 from being appointed as a director in terms of Section164 (2) of the Act

f) With respect to the adequacy of the internal financial controls over financialreporting of the Company and the operating effectiveness of such controls refer to ourseparate Report in "Annexure A" Our report expresses an unmodified opinion onthe adequacy and operating effectiveness of the Company's internal financial controls overfinancial reporting

g) 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. as amended inour opinion and to the best of our information and according to the explanations given tous

i The Company has disclosed the impact of pending litigations on its financial positionin its Ind AS financial statements n The Company has made provision as required under theapplicable law or accounting standards for material foreseeable losses if any. onlong-term contracts including derivative contracts in Delay in transferring amountsrequired to be transferred to the Investor Education and Protection Fund by the company

2 As required by the Companies (Auditor's Report) Order 2016 ("the Order ")issued by the Central Government in terms of Section 143(11) of the Act we give in"Annexure B' a statement on Ihe matters specified in paragraphs 3 and 4 of the Order

For Rajesh K. Sachdeva & Associates Chartered Accountants

Firm Reg No -019200N

Sd/-

Rajesh Sachdeva

Partner

M No.:- 083757

Date:- 18.05.2019

Place:- New Delhi