S.P.

MOONDRA

S.P. MOONDRA & CO.

F.C.A.

CHARTERED ACCOUNTANTS
SSI8,Kanchan Bagh INDORE-1,
Ph.lO73112513817.4066330

The limited revlew report for companies other than banks

Review Report to h e Bombay Stock Exchange, Mumbai

We have reviewed the a m p a n y i n g statement of unaudited financial results of Mls Syncom Formulations
(India) Llmited for the period ended 39112120t4 except for the disclosures regarding 'Public Shareholding' and
'Promoter and Promoter Group Shareholdlng' which have been traced from disclosures made by the
management and have not been audited by us. This statement is the responstbility of the Company's
Management and has been approved by the Board of Diredorsl Committee of Board of Directors. Our
responsibility is to issue a report on these financial 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 perfarm 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 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, except that :

"Estimating the suseful life of assets at same old rates of depreciations as providod in companies Act
1956 instead of actual estimation of useful life as per Companies Act 2013."
n6;hing has come to our atention that causes us b believe that Vle accompanying statement of unaudibsd
financial result 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 cfause 41 of llhe
listing Agreement including the manner in which it is to be disclosed, or that it contains any material misstatement:

Place : lndore

Dated : 1U02120t5

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