JINDAL

HOTELS LIMITED
To, Date:7th Februarv.2o17
DCS . CRD
Bombay Stock Exchange Limited Code No 7918
Phiroze Jeejeebhoy Towers,
Dalal Street,
Mumbai - 400 001

Dear Sir,

Scrio Code: 507981

44t Statement of unaudited Financial Retults of the company &. Limited Review report for the 3d
Quarter ended on 3I't December, 2015 Regulation 33 of SEE| (Listing Obligationt And Ditcloture
Requirementt) Regulations, 2015 & Outcome of Roard Meeting

In compliance with Regulation 33 of r6e sEBt (Litting obtigationt And Disclosure

Requirements) Regulations, 2O15, we are enclosing herewith a copy of statement of
Unaudited Financial Results for the 3d Quarter ended on
3ln December.2Ot6
considered & approved by the Board of
Directors in
their meeting held on
Tuesday, 07,h February , 2017 and also Limited Review Report by the Statutory
Auditors of the Company. The financial results will be published in news paper as
required in above regulatior,.

It is further informed that the Board has decided to:

. To change the R & T Agents of the Company w.e.f.l,r April 2017 .

o To borrow from financial institutions/ Financial Companies & authorizecu
delegated the authority to the Managing Director and to finalize the same.
. The operation and management of "Surya Palace Hotel" under the Grand
Mercure Brand of ACCOR to commence from 1{ April 2017. Thereafter the
name of Hotel will be "6rand Mercure Vadodara Surya Palace".

Thanking You.
For Jindal Hotels Umited

;4 #'oeu
Karuna Advani
Company Secretary
Enclosed: Unaudited Financial Results: 3'd Quarter ended on 3l'r December. 2OlG
Limited Review Report by Statutory Auditorj

Regd, Office: Hotel Surya Palace, Sayajigunj, Vadodara 390 020

Phone No. : 0265-2363366,2226000,2226226 Fax No. : 0265-2363388 Website: www.surynpahcc.conr
CIN No.: L18119GJ1984PLC006922 e-mait : share@suryapalace.com
 JINDAL HOTELS LIMITED
Regd. Oftice :Surya Palace Hotel, Sayajigunj, Baroda - 390 o2O
CIN I l!!L!119GJ1984PLC006922, T:0265-23663366,F:2363388, Website:www.suryapatace.com
Email:share@suryapalace.com
Unaudited Financial Results for the Nine months ended 3.lst Dec 2016

Unaudited Results for the Quarter ended Unaudited Results for the Audited Resulls for
Nine Months ended on 31st ths Year ended
Dec

Increase/decrease in stock
lrade and work in progress

Consumplron of raw

Purchase of traded goods

d Employees cosi
e Depreciation 184 45
69 02
g: Repairs & I\,{aintenance
222 06

Erceplional llems (1-2)

(+)/ Loss C) from

10

'11 (+)/ Loss C) frcm

'12

(Equity Share ol Rs 10/-

15

16

Notes :-
1 lThe above results have been revrewed by the Audit Committee and approved by Board of Directors in their meeting held on
O7 02 2017 and \mited teview of the same has been crried out by the Statutory auditors ofthe Company
2 JFigures of previous yearlhall year/qua
(er have been regrouped and reaflanged,wherever necessary,
make them comparable
3 lThe Company has only one reportable segmenl ot busrness viz Hoteliedng

For Jindal Hotels Ltd.

Place : Vadodara Piyush D. Shah

Oale I 07.02.2017 Managjng Oirector
 Regd. Oftice :Surya Patacs Hotet, Sayajigunj, Baroda - 390 O2O
CIN : 118119cJ1984PLC006922, T:0265-23663366,F:2363388, Website:www.suryaparace.com,
Email:share@suryapalace.com
UNAUDITED FINANCIAL RESULTS FOR 3RD OUARTER ENDED 31st DECEMBER 2Oi6

Rs. In Lacs

Sl No Particulars Quarter ended Nine months nded on Quadrended

31.12.2016 31 12 2016 31 12.2015

1 Toal Income from Ooerations 1124 42 26/3 43 996 27

2 Net Profit / (Loss) for the period (b6fore Tax,Exceptrcnat and / or 86.62 9r 3f 90 23
Extordinary items')
3 Net Profit / (Loss) forthe period bofore Tax ( afler Exceptional 86 62 91.31 90.23
and / or Extraorrdnary items')
Net Profit / (Loss) for the period after Tax ( affer Excplional 509 827
and / or Extraoridnary items')
5 Total Comprehensive lncome for lhe peiod {Comp.istng P.oft / (Loss) 509 8.27
for the period (after lax) and Other Comprehenslve Income (afler tax)l
5 Equity Share Capital 600 600 60c
7 Reserves (excluding Revaluation Reserve) as shown in theAudited 0 0
Balanco Sheel ofthe previous year
8 Earning Per Shar6 (of Rs 10/- each) ( for continuing and discontinued
oDerations) -
Basic / Diluted 008 o.14 o.75

Notes:-
1 The above is an extract of the detailedformat of Quarter ended fiana cial resutts filed with the Stock Exchange under Regulatron
33 ofSEBl (tisting and other Disclosure Requirements) Regulations, 2015.The fullformat ofthe Quarter ended financial results
are avarlable on the company's website (www.suryapalace.com) and on stock exchange websites (www.bseindia.com)

Place : Vadodara
Date | 07.02.20'17 Manaqinq Directoa

U-
 12, DHAYBER COLONY, BEHINO BARODA HIGH SCHOOL, NEAR POLOGROUND, BARODA 390 OOl
TELE I 0265 - 2423452 E-mail : vrshah2ol2@omail.com

VIRENDRA SHAH
V. SHAH & ASSOCIATES B.COM., F.C.A., F.C.S.

CHARTERED ACCOUNTANTS

INDEPENDENT AUDITOR'S REPORT

TO THE BOARD OF DIRECTORS OF

JINDAL HOTELS LIMITEI)

l. We have audited the accompanying Statement of Financial Results of Jindal Hotels

Limited ("the Company") for the Quarter ended December 31"t , 2016 ("the
Statement"), being submitted by the Company pursuant to the requirement of
Regulation 33 of the 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 been prepared on the basis
ofthe related financial statement which is 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.

We conducted our audit in accordance with the Standard on Auditing issued by the
Institute of Chartered Accountants of India. Those Standards required that we comply
with ethical requirements and plan and perform the audit to obtain reasonable
assurance about whether the Statement is free from material misstatement.

An audit involves performing procedures to obtain audit evidence about the amount
and the disclosures in the Statement. The procedures selected depend on the auditor's
judgment, including the assessment of the risks of material misstatement of the
statement, whether due to fraud or error. In making those risk assessments, the auditor
considers internal control relevant to the Company's preparation and fair presentation
of the statement in order to design audit procedures that are appropriate in the
circumstances, but not for the purpose ofexpressing an opinion on the effectiveness of
the Company's internal control. An audit also includes evaluating the appropriateness
of the accounting policies used and the reasonableness of the accounting estimates
made by the Management, as well as evaluating the overall presentation of the
Statement.
 3. In our opinion and to the best of our information and according to the explanations
given to us, the Statement:

i. is presented in accordance with the requirements ofRegulation 33 ofthe SEBI

( Listing Obligations and Disclosure Requirements) Regulations, 2015; and,

ii. givesa 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 quarter ended December 31$ ,
2016, subject to provision ofdefsrred tax expense.

For V.SHAH &ASSOCIATES

Chartered Accountants
(ICAI RegistrationNo. 10981 6W)

V R Shah
DATE:07.02.2017 Proprietor
PLACE: BARODA (Membership Number: FCA 34994)