0

Ladderu
BSE Limited
Phiroze Jeejeebhoy Towers,
Dalal Street,
Mumbai- 400001
Subject: Outcome of Board Meeting (Scrip code- 530577)

Dear Sir,
Ladderup Finance Limited at its Board Meeting held on 26th May, 2016 has transacted
the following business:

1. Considered and approved the Audited Standalone and Consolidated Financials for
the fourth quarter and financial year ended 31 st March, 2016
2. Taken on record Audit Report issued by the Statutory Auditors on the Standalone
and Consolidated Audited Financial Results for the fourth quarter and financial
year ended 31 st March, 2016

3. Considered and approved the Internal Audit Report of the Company for the half
year ended 31 st March, 2016
Kindly take the same on record and oblige .

For Ladderup Finance Limited

(Sanket Limbachiya)
Company Secretary
Mem No.: A38424 .
Place: Mumbai
Date: 26th May, 2016
Encl: As Above

Ladderup Finance Limited

Regd. Office: 102- A, 1st Floor,
Hallmark Business Plaza,
Sant Dyaneshwar Marg,
Near Gurunanak Hospital Road,
Sandra (East), Mumbai- 400 051 ,

Tel. : 91-22-4033 6363

Fax: 91-22-4033 6364,
E-Mail: info@ladderup.com
Website: www.ladderup.com
CIN: L67120MH1993PLC074278

KHURDIA JAIN & CO

CHARTERED ACCOUNTANTS

Auditor's Report on Annual Consolidated Financial Results of the Company Pursuant to the
Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
To The Board of Directors of Ladderup Finance Limited

1. We have audited the accompanying Statement of Consolidated Financial Results of Ladderup

Finance Limited ("the Holding Company"), its subsidiaries and associate ( the Holding
Company, its Subsidiaries and associate together referred to as "the Group"), for the quarter
ended March 31 , 2016 and year to date results for the period rrurn April 1, 2015 to March 31 ,
2016 year attached herewith ("the Statement"), being submitted by the Holding Company
pursuant to the requirement of Regulation 33 of the SEBI (Listing obligations and Disclosure
Requirements) Regulations, 2015. Th is statement, which is the responsibility of the Holding
Company's Management and approved by the Board of Directors, has been prepared on the
basis of the related consolidated financial statements which are in accordance with the
accounting standards prescribed under section 133 of the Companies Act, 2013, as applicable
and other accounting principles generally accepted in India. Our responsibility is to express an
opinion on the statement.
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 statement is free from material misstatement. An
audit includes examining, on a test basis, evidence supporting the 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 :
a. Includes the results of entities as given below:
Sr.
No
1
2
3

Name of the Company

Relation

Ladderup Finance Limited

Holding Company
Ladderup Wealth Management Private Limited
Subsidiary Company
Ladderup Corporate Advisory Private Limited ( Upto Subsidiary Company
30th September, 2015)
Associate Company
Annapurna Pet Private Limited

703, Ashok Heights, Nikalas Wadi Road, Near Bhuta School, Opp. Saraswati Tower, Old Nagardas Cross Lane,
Andheri (East) ,Mumbai - 400 069 Tel. : 268427001 01 I 02 Email: skakmumbai@gmail.com Website : www.cal<hurdia.com

KHURDIA JAIN & CO

CHAR I EHED ACCOUNTANTS

b. Is presented in accordance with the requirement of Regulation 33 of the SEBI (Listing

Obligations and Disclosure Requirements) regulations, 2015; and
c. Gives a true and fair view in conformity with the aforesaid Accounting Standards and other
Accounting principles generally accepted in India of the consolidated net profit and other
financial Information of the group for the year ended M;:m:h 31 , 2016.
4. The Consolidated financial statement include the Group's Share of net loss of Rs. 9.05 Lakhs
for the year ended March 31, 2016 as considered in consolidated financial results, in respect of
an associate. The financial statements I financial information have been furnished to us by the
Management and our opinion on the consolidated financial statements, in so far as it relates to
the amounts and disclosures included in respect of said associate, is based solely on such
unaudited financial statements I financial information.
Our opinion on the Statement is not modified in respect of the above matters with respect to
our reliance on the work done and financial statements I financial information certified by the
Management.
5. The Statement includes the results for the Quarter ended March 31, 2016 being the balancing
figure between the audited figures in respect of full financial year and published year to date
figures up to the third quarter of the current financial year which were subjected to limited
review by us.

For Khurdia Jain & Co.

Chartered Accountants
Firm Regn. No.: 120263W

Abhinav Khurdia
Partner
Mem No : 126358
Place : Mumbai
Date : 26th May 2016

703, Ashok Heights, Nikalas Wadi Road, Near Bhuta School, Opp. Saraswati Tower, Old Nagardas Cross Lane,
Andheri (East),Mumbai- 400 069 Tel. : 26842700 I 01 I 02 Email: skakmumbai@gmail.com Website : www.cakhurdia.com

KHURDIA JAIN &CO

CHARTERED ACCOUN:rANTS

Auditor's Report on Annual Standalone Financial Results of the Company Pursuant to the
Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
To The Board of Directors of Ladderup Finance Limited
1. We have audited the accompanying statement of Standalone Financial Results of Limited ("the Company") for
the quarter ended March 31, 2016 and year to clF.JtP. rP.siJits for thP. period from April 1, 2015 to March 31, 2016
Y8Jr JttCtGIWd IlL' I uwilil ("liiL' 8lulumunl") I boing 3Ubmltted by the comr ~ ny purw Mt to tho roquiromont of
Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This Statement,
which Is the responsibility of the Company's Management and approved by the Board of Directors, has
prepared on the basis of the related financial statements which are in accordance with the Accounting
Standards prescribed under the section 133 of Compnnics Act, 2013 read with the relevant rules issued
thereunder and other accounting principles generally accepted in India. Our responsibility is to express an
opinion on the Statement.
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 statement is free from material misstatement. An audit includes examining, on a test
basis, evidence supporting the 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.
2.

In our opinion and to the best of our information and according to explanation given to us ,the statement;
(i)
(ii)

Is presented in accordance with the requirements of Regulation 33 of the SEBI (Listing Obligations and
Disclosure Requirement) Regulations, 2015; and
Gives a true and fair view in conformity with the aforesaid Accounting Standards and other accounting
principles generally accepted in India of the net profit and other financial Information of the Company for
the year ended 31st March 2016.

3. The statement includes the results for the Quarter ended 31st March 2016 being the balancing figure between the
audited figures in respect of the full financial year and the published year to dated figures up to the third quarter
of the current financial year which were subject to limited review by us.

Place : Mumbai
Date: 26th May, 2016

703, Ashok Heights, Nikalas Wadi Road, Near Bhuta School, Opp. Saraswati Tower, Old Nagardas Cross Lane,
Andheri (East),Mumbai - 400 069 Tel. : 26842700 I 01 I 02 Email: skakmumbai@gmail.com Website : www.cakhurdia.com

Ladderup
& tt<)-i~eeuttt-t}

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FormA
[Pursuant to Regulation 33 ofSEBI (LODR) Regulations, 2015]
1.

Name of the Company

Ladderup Finance Limited

2.

Annual financial statements for

thP. year ended

31st March 2016 (Consolidated results)

3.
4.

Type of Audit observation

UnModified

Frequency of observation

Not Applicable

5.

Signed byMr. Sunil Goyal

Managing Director

Mr. Suresh Kumawat

Chief Financial Officer

Auditor of the company

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For Khurdia Jain & Co.
Chartered Accountants
Firm Regn. No.: 120263W

~y.
Abhinav Khurdia, Partner
Mem. No.: 126358
Mr. K. V. ShyamSundar
Audit Committee Chairman

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Date: 26th May, 2016

Place: Mumbai

Ladderup Finance Limited

Regd. Office: 102- A, 1st Floor,
Hallmark Business Plaza,
Sant Dyaneshwar Marg,
Near Gurunanak Hospital Road,
Sandra (East), Mumbai- 400 051 ,

"o

N4l .

Tel.: 91-22-4033 6363

Fax: 91 -22-4033 6364,
E-Mail: info@ladderup.com
Website: www.ladderup.com
CIN: L67120MH1993PLC074278

0
Ladderup
&~e9in-eutre9

9-lf-CJ.ett-t'

FormA
[Pursuantto Regulation 33 ofSEBI (LODR) Regulations, 2015]
1.

Name of the Company

Ladderup Finance Limited

2.

Annual financial statements for

the year ended

31st March 2016 (Standalone results)

3.
4.

Type of Audit observation

Frequency of observation

UnModified
Not Applicable

5.

Signed byMr. Sunil Goyal

Managing Director

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Mr. Suresh Kumawat

Chief Financial Officer
Auditor of the company

For Khurdia Jain & Co.

Chartered Accountants
Firm Regn. No.: 120263W

~~

Abhinav Khurdia, Partner

Mem No: 126358
Mr. K. V. ShyamSundar
Audit Committee Chairman

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Date: 26th May, 2016

Place: Mumbai

Ladderup Finance Limited

Regd. Office: 102- A, 1st Floor,
Hallmark Business Plaza,
Sant Dyaneshwar Marg,
Near Gurunanak Hospital Road,
Sandra (East), Mumbai- 400 051,

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Tel.: 91-22-4033 6363

Fax: 91-22-4033 6364,
E-Mail: info@ladderup.com
Website: www.ladderup.com
CIN: L67120MH1993PLC074278