/ MOHINDRA FASTENERS LIMITEDCIN: L74899DL1995PLC064215 rfiFRe8d. Cfflce: 304 Gupta lhade, Inder Enclave, Delhi -Rohtak Road, New Delhi-.iioo87+ FOELEnin9 HEdEFinEdWebsite: www.mohindra.asia Emall id: csenohindri.asia Phone: +91-11- 46200400, 462pe401 Fax: +91-11-25282667

To,

The Head Listing & ComplianceMetropolitan Stock Exchange of India Ltd.` (MSEI)Vibgyor Towers, 4th Floor, Plot No. Crd2, G-BlockOpp. Trident Hotel, B dra Kurla complex, Bandra ®Mumbai 400098

Ref:- Svmbol- MFL, Series - BE

Subject: Outcome of Board Meeting held on 29th June, 2020.

Dear Sir,

I,£ife,,

Pursuant to Regulation 30 read with Part A of Schedule Ill of the SEBI (Listing Obligations &Disclosure Requirements) Regulations, 2015, we would like to intimate that the Board ofDirectors of the Company has, at its Meeting held today, i.e. Monday June 29, 2020, atfactory (work) at 60th K.M. Stone, Delhi-Rohtak Road, Kharawar, Rohtak-124001, Haryana,inter alia, transacted the following businesses:-

1. Based on the recommendation of Audit Committee, approved the Audited FinancialResults for the quarter and financial year ended and Audited Annual FinancialStatements for the financial year ended March 31, 2020 alctng with Auditor's Reportthereon.

Pursuant to Regulation 30 & 33 of the SiBI qisting +Obligations & DisclosureRequirements) Regulations, 2015, please find enclosed the. Audited Financial Resultsfor the 4th quarter and financial year ended March 31, 2d20 along with the Auditor'sReport thereon and Declaration in respect of unmodified opiniorf+tsbn AuditedFinancial results.(Annexure A) + +

In accordance with SEBI circular dated 12th May 2020 read with circular dated 26thMarch 2020, granting relaxation from the provisions of Regulation 47 of the SEBIListing Regulations, the above financial results will not be published in thenewspapers. However, the same will be available on Company's website atwww.mohindra.asia.

2. Board has recommended dividend at the rate of Rs..3.50 per equity sh#€+'i.e. 35% ofthe face value of Rs. 10/- per share for the financial year 2019-20, subject to theapproval of members at the ensuing Annual General Meeting.

3. M/s. Anand Nimesh & Associates, Practising Company S;cretaries, Delhi, appointedas Secretarial Auditor of the company for conducting Secretarial Audit for thefinancial year 2020-21.

'

4. M/s. GSK & Associates LLP, Chartered Accountants, Delhi has been appgdr`ted as anInternal Auditors of the Company for the Financial Year

5. M/s. Sanjay Kumar Garg & Associates, Cost AccAuditors for conducting cost audit of the company for

inted as Costr 2020-21.

MOHINDRA FASTENERS LIMITEDCIN: L74899DL1995PLC064215Regd. Office: 304 Gupta Arcade, Inder Enclave, Delhi - Rohtak Road, New Delhi-110087

-.r

ITIFLFtl5tEmnB HEdEFinEd

website: wwwmohindra.asia Emall id: csenohindra.asia Phone: +91-11- 462apfap, 462ap401. .Fag_t9+1|T25.2aL2667

ll: '# I y

/

6. The Board has consented to issue the -final notices to the concerned shareholderswhose unclaimed dividend amount & corresponding shares are liable to betransferred to the IEPF for the FY 2012-13 by the due date 29/10/2020.

The meeting commenced at 01:00 P.M. and concluded at 03.10 P.M.

This is for your Information and Records.

Thanking you,

Yours Faithfully,For and on behalf of Mohindra Fasteners Limited

CompanySecre\t`arty&

Date: 29/06/2020Place:- Rohtak

Encl: As above

Officer

'00'4[.00'£[89.S£S`I,'SS6

-.loo.o•00'0'-00'0

I.t,-S6'CIIZ'S€-6€'0[600`000'0.00'06€`016ZS.08-6t,'£4£9£'£OZI00'09£'£OZI68'8,£ZI[€.OI€t,6Z'S6£9£`4Z[OP',8IZ€P`Osl00'00rl815`SZ'ZSS£I88'894€'€8,£1

fay¥usI.-nE_

IEiiiEirsJ',•,`,',/a

•3++;

=JVun

I

'rl-n

atydry

/'.,

H.,,i.t,

•,`,7f,.+``Z'89.S.~.hJ-L!J{-~--B89.S£S00'C8800`000`000'0€,`£-6S'SI€6.19-Lr9€600'000'000'0Lr.9€640.8£-£,'OS£4I'60Z.I00'0£['60ZIZZ'80Z6£,'S9I€£0',S€9,'SSZS'8,OZ09'86-00'0t,€'€89€6£'41,0109.69Z.64'£,I0I

80'SI£00`0-00'0

00'04€.I.o4'.88,'OS

:---.j`hi':,.;:,,;;,:`,`\¥avlb--EE'

-.==,

-u

.99'SS€

[£'P[£'b

',J^.'*//,/•`.=..

89'S£S8S.OSI

:`'```!`,-`•.+`f;,\

..,

i,..-:---i:|j./;`-I-rflllI,:rf:i;/_ijs±`J¢.

p€_-1

G`"`~\,\\'z

ulut;

}Ou*

1,\X-AIXIIIX

uk:l:SZ00`000'00Q'OI:rl;SZ,84.ZZ-I,'£[1-06'£t,C00'0.06`£,€€€'£49€96'Z9ZI89'£4100'SZPS'OZ969'Z6ty00'09,.8601€Z'IZOP68'€Z€'466€

00'000'000'088'0`,9.£89'S-I9P'S££00'000'000`09,'S€€9S.S,-SS'€8S,'€4£00'05`,'£4€SI'4PIZ€Z'9Z4ST'8894`IZ88'?9PS`£.9I-00`08t,'Z9809'OZSZ00'8£09'Zt,,Z

MmEN00'000'049.t,49`6Sb'S`8-£0'I€ZOO'd00'000.0€0:I€ZT9'8--I,'101€8'€Z£00'0€8'€Z€6S',8ZZ66'8£68Z'£890.01-9Z'€£9SS'Sl£-00'0£9`OS6Z,'809ZI£'€6.[4',ISZ

I)apu3Ja}Jtm

3Sua

asu3

IIXIXXX]Ill/\11/.\

qt!.

:@sL[3Xa¥t;L1^

/\\1111

Sut'I

(Sasso|)/su!t3S3SLla

s3suaX3Ial[]o.

ao`JLUH'P

-S®Su®XH

11•1•oN.JS!

LIINI

Mohindra .Fa.steners LimitedStatemeht of Assets.& Liabilities as on 31.03i2020 (Rs. In.Lakhs)

Particulars As at 31.03.2020 As at 31.03.2019Audited Audited .

I. ASSETS', .

2927.68 3.133.93.fll Non-Cur.rent Assets(i) Property plant & Equipment ,.(ii) Capital Work in Progress 1.36 0.00

(ii) Intangible Assets 8.77.•5.12 9.1412..55

(iy) Financial Assets(a) Investments(b)Trade Receivables . 20.88 0.00

(c) Other Financial Assets loll.91 ' . 99 .17

(V) Other Non Current Asse.ts 106.132080.831362.33 53.972123.012617.50

I f2) Current Assets

(i)Inventories(ii)Financial Assets

(a)Trade Receivables(b)Cash and Cash Equivalents 2056.1414.96 533.80I10.89

(c)Ba.nk Balance other than above mentionedCash and Cash Equivalents

(d)Other.financial ASsets 71.89 2.99

(iii) Current+ax Assets (Net)`.0 . 3 1.. 0.00

(iv) Other Current Assets 752.61 1091.38

. Total .(Assets) • 9510.92 • 968'§.33

11. EQUITY AND LIABILITIES

535.68 535.68 ,\fllEauitv .(i) Equity Share Capita.I.(ii) Other Equity 5354.530.00 4664.99,0.00

f21 Non-Current` Liabilities(i) Financial Liabilities

(a) Borrowings• (b) Other 'Firiancial Liabilities24.89 .a.oo

(ii) Provisions . 59.98 0.00

(iii) Deferred.Tax Liabilities (Net.) 157.43128'g..28,,70.961662.41 251.10.1780'.45,,().002104.18

f31 Current Liabilities(i) .Financial Liabilities .

(a) Borrowing.s

(b) .Trade Payables-Total outstanding dues of Micro eneterprises and

Sin.all Enterpr'ises. .-Total outstanding du.es of Creditos other than

Micro eneterprises and Small Enterprises

(c) Other Financi.al Liabilities 26.37 35.26I

(ii) Other Cu.rrent Liabilities(iii)Provisions 214.41 193.48t

134.98 107.52

(,v) current Tax. Liablllties (Net) ,, ,#iap 0.0() ~`:-\ ;=+`-T==` 15.68

A ,,.,?iiiNI!i:a;¥u. /Total (Equity & Liabilitias). ` ,I: `{dt\\ #£q2`ZfiTffTIREffl

Th

•`,_, , I-,\`yF:\`=`.i

Mohindra. Fasteners Limited .Cash Flow Statement as on 31.03,2020 • . (Rs.I.nLakhs')

particularsYear ended 31st Year `ended 31St' March, 2020 . March,2019. ` `

Audited AuditedAE Cash Flow from Operating Activities.

1209.17•354.07 1203.36Profit/(Loss) before tax .`Adjustment for: -.Depreciation and/ amortisation 395.29

(Profit)/ Loss on Sale of Property, plant & Equipment (Net) -0.34 -3.26

Finance Costs. 55.46 127.36

Interest Income -109.90 -34.59

Dividend Income . -0.09 •-0.08

Operating Profit/(Loss) before Working Capital Changes 1508.37 1688.0'9Adjustments for .(increasE)/ decrease in operating assets:

4 2 .. 1 8 446.42- Inventories.- Other Current assets . 1525.65 -620.50-Non current assets. -75.78,,-370.81 1.9.46.,113:j2

Adjustments for increase/ (decrease) in operating Liab.ilities:-Trade payables.- Other Current .liabilities 24.02 1'7.04- NQn current liabilities -21.94 L39.5'4

Cash generated from Oper.ations 2631.69 1497.45

Taxes Paid (Net) -366.78 -366.69

Net Cash generated from Operating Activiti€s {A} .a.CashFlowfrbmInvestirigActivities 2264.91 . -1130.76

-103..90 - 1 7 6 . 9'4Capital Expenditure on Property, Plant & Equip.mentProceeds frorri sale of property, Plant & Equipment . 2,05 5.93

Interest Income •. 109.90 • 34.59

Dividend Income 0.09,,'0 . 0 8,,I,

Net cash generated from Investing Activities {B). 'C.C.ashFlowfro.inFinancingActivities.• 8'.15 • '-136.,34

0.00

.,-637.1.8

Proceeds/{Repayment) 6f Long Term Borrowiings ('Net)Proceeds/(Repayinent) of Short term Borrowings (Net) -491.17 -194.14

Finance Cost.Paid other than interest on lease liabilitie's • '-5o. 33 -127.36

Dividends Paid• -160,70 ' -133.92

Dividend Dist+ibution Tax Paid• -33.04 -27.53

Principal payment of Lease Liabilities -10.34 0.00

Interest paid on L'ease Liabilities -5.13 0.00

Net Cash gener.ated fro.in Financing Activities {C) -750.71 . -1120.13

' .1522.34 . -1'25. 71Net inc+ease in cash and cash equivalentsCash and Cash Equivalents at the Beginning of the Year . 533.80 • 659.51

C:sh and Cash Equivalents at the End of the Year* _ 2056..14 . . 533,80

•,`. . `- ~'• `'--_:`i-.--

`/-~,I,-\`.\i`-

~J,,f\I `T,h`4't.,

'

EEiiT[I'-!1

L

n

.,

-.

;\E

.:-.,^--=-,

MOHINDRA FASTENERs LIMrrEDCIN: L74899DL1995PLC064215

rl-HSr,t'!gtEmng r# fr3dff i-in#g3

Regd. Office: 304.Gupta Arcade, Inder Enclave, Delhi -Rohtak Road, New Delhi-110087Website: win.mohindra.asia Email id: cs@iiiohindra.asia.Phone: +91-11-46200400, 46200401 Fax: +91-11-25282667 .

TO' ..

The Head Listing & ComplianceMetropolitan St.ock Exchange of India Ltd. (ndsEI)Vibgyor Towers, 4th. Floor, Plot No. C-62, G-BlockOpp. Trident Hotel, Bandra Kurla Complex, Bandra (E)Mumbai -400098

Symbol-MFL Series BE

Subject: Ijeclaration regarding Audit Report on the financial year ended 31.st March, 2020-Urmodified opinion

Dear Sir/ Madam,

vie hereby declare that pursuant to regulation 3.3(3)(d) of the SEBI (L.isting Obligations andDisclosure Requirements) Regulations, 2015 as amended thereafter, that. the StatutoryAuditor's of the company M/s. 8. L. Khandelwal & Co., Chartered Accountqnts have issuedthe audit report with .unmodified. opinion on Annual Audited Financial Results for thequarter and year ended 31St March, 2020. .

Please take the same 9n your record.

....

Thanking you,

youis Faithfully,For and on behalf of Mohindra Fasteners Limited

',

Date: 29/06/20.20Place:- Rohtak