proaim enter rises limited andheri (w), mumbai...with limited review report on the same. 2....

Regd. Off.: E-109, Crystal P New Link Road, Opp. Infinity Andheri (W), Mumbai - 400 Tel.: (022) 6152 2225, 6152 Fax : (022)6152 2234 Web-site : www.shreenathcommerciz

Proaim Enter • rises Limited (Formerly Shree Nath Commercial 8 Finance Limited)

CIN : L51900MH1984PLCO34867

E-mail : [email protected]

Date: 06/02/2017

To, The Bombay Stock Exchange Ltd

Corporate Relationship Dept,

1st Floor, New Trading Ring, Rotunda Building, P. J. Towers, Dalal Street, Fort, Mumbai — 400 001

Ref: BSE Scrip Code: 512105

Sub: Outcome of Board Meeting on 06.02.2017

Dear Sir,

This is to inform that 09/2016-17 Meeting of the Board of Directors of the Company was held on 06 th

February, 2017, Monday, at the Registered Office of the Company at E-109, Crystal Plaza, New Link

Road, Andheri (West), Mumbai - 400053 at 04.00 P.M. and concluded at 06.45 P.M. The Board

considered and approved the followings:

1. Standalone Unaudited Financial Results for the Quarter ended 31 st December 2016, along

with Limited Review Report on the same.

2. Appointment and Remuneration of Mayuri Rathod as a Whole Time Director of the Company for a period of five years w.e.f. February 6, 2017, subject to the approval of

Shareholders of company at the next annual general meeting of the company.

3. Resignation of Ms. Kajol Tak from the post of Company Secretary and Compliance Officer

w.e.f. February 6, 2017.

4. The Board took the note on Compliance done under SEBI (LODR), Regulation 2015 for the

quarter ended 31.12.201E.

5. The Board took the note on minutes of the previous meetings of Board and committees held

prior the date of today's meeting.

Further in reference to the provisions of Regulation 30 and SEBI circular dated 9th September 2015, regarding Continuous Disclosure requirements for Listed Entities, the company is hereby disclosing

the following details as mandated:

Brief Profile of Director:

Name of the Directors Mrs. Mayuri Rathod

Date of Birth 09/12/1990

Age 27 years

Date of Appointment 06/02/2017

Permanent Account Number (PAN) BETPR1832K

Director Identification Number (DIN) 07705563

No. of equity shares held in the Company Nil

Qualifications M.Com

Directorship held in other companies NIL

Reason for Change Appointed as Whole Time Director of the company

Brief Profile She has done master degree in Commerce from

Mumbai University. She has vast experience of

more than 3 years in the areas of Accounts. She

has good interpersonal and communication

skills and also has good skill and ability required to

lead as a Whole Time Director.

She is not having any relationship with any Board

of Directors and KMP. Nature of relationship between Directors:

Kindly acknowledge the Receipt.

Thanking You

Yours Faithfully

For Proaim Enterprises Limited

s. gjtagd

Mayuri Rathod (Director)

04/02/2017 Proaim enterprises_ Result_31st dec.htm I

General information about company

Scrip code 512105

Name of company Proaim Enterprises Limited

Result Type Main Format

Class of security Equity

Date of start of financial year 01-04-2016

Date of end of financial year 31-03-2017

Date of board meeting when results were approved 06-02-2017

Date on which prior intimation of the meeting for considering financial results was informed to the exchange 27-01-2017

Description of presentation currency 1NR

Level of rounding used in financial results Lakhs

Reporting Quarter Third quarter

Nature of report standalone or consolidated Standalone

Whether results are audited or unaudited Unaudited

Segment Reporting Multi segment

Description of single segment

For PROM E TERPRI ES Li

A' 1/4

Director / uthorised Signatory

fi le:///ZISFIR EE%2ON ATH % 20C OM M%20&%2OF I N %2OLT D/R esults/2016- 170 ec%2016/Proaim°/020enter pr i ses_%2OR esult31s t%20dec.htm I 1/7

04/02/2017 Proaim enterprises_ Result 31st dec.html

Quarterly & Half Yearly Financial Result by Companies Other than Banks

Particulars 3 months

ended (dd- mm-yyyy)

Previous 3 months

ended (dd- mm-YYYY)

Corresponding 3 months ended in the previous year (dd-

mm -YYYY)

Year to date figures for current period ended (dd-

mm -YYYY)

Year to date figures for

previous period ended,(dd-mm-

YYYY)

Previous accounting year ended (dd-mm-

YYYY)

A Date of start of reporting period

01-10- 2016

01-07-2016 01-10-2015 01-04-2016 01-04-2015 01-04-2015

B Date of end of reporting period

31-12- 2016

30-09-2016 31-12-2015 31-12-2016 31-12-2015 31-03-2016

c Whether results are audited or unaudited

Unaudited Unaudited Unaudited Unaudited Unaudited Audited

D Nature of report

standalone or consolidated

Standalone Standalone Standalone Standalone Standalone Standalone

Part I

1 Revenue From Operations

Net sales or Revenue from Operations

0.632 371.191 29.04 599.995 86.15 548.95

Other operating revenues

34.662 75.039 0 109.701 0 0

Total Revenue from operations (net)

35.294 446.23 29.04 709.696 86.15 548.95

2 Expenses

(a) Cost of materials consumed 0 0 0 0 0 0

(b) Purchases of stock-in- trade

0 487.744 95.6 679.214 122.63 541.274

(c)

Changes in inventories

workf-ifinnpisrhoegdregsos oadnsd

stock-in-trade

12.538 31.946 -23.02 44.748 -44.09 -22 957

(d) Employee benefit expense

4.413 4.207 2.86 11.838 6.99 13.053

(e) Depreciation and amortisation expense 0 0 0 0 0 0

(1) Other Expenses

1 Other Expenses 2.211 2.543 3.24 1(1.357 9.25 16 588

2 Lomg term capital loss 0 0 0 0 188.47 188.467

Total other expenses 2.211 2.543 3.24 10.357 197.72 205.055

Total expenses 19.162 526.44 78.68 746.157 283.25 t

736.425

For PROAEM

\ DillICiOr /Aut ised Signatory

file:///ZISHREE%2ONATH %2000MM%20&%20F IN%2OLTD/Results/2016-17/D ec%2016/Proai m %20enterpri ses_%2OR es ul t_31 st%20d ec.htrn1 217

04/0212017 Proaim enterprises_ Result 31st dec.htm I



ended (dd- mm-YYYY)

Previous 3 months

ended (dd- mm-yyyy)

Corresponding 3 months ended in the previous year (dd-mm-yyyy)


current period ended (dd-mm-

YYYY)


previous period ended (dd-inm-

YYYY)

Previous accounting year ended

(dd-mm- YYYY)

A Date of start of reporting period

01-10- 2016

01-07- 2016

01-10-2015 01-04-2016 01-04-2015 01-04-2015

B Date of end of reporting period

31-12- 2016

30-09- 2016

31-12-2015 31-12-2016 31-12-2015 31-03-2016

C Whether results are audited or unaudited


Nature of report rtstandalone or consolidated


Part I

3 Profit (loss) from

operations before other income, finance costs and

exceptional items

16.132 -80.21 -49.64 -36.461 -197.1 -187.475

4 Other income 0.062 0.007 0.06 0.103 3.16 0.844

5

Profit (loss) from ordinary activates before

finance costs and exceptional items

16.194 -80.203 -49.58 -36.358 -193 94 -186631

6 Finance costs 0 0 0 0 0.06 0.085

7

Profit (loss) from ordinary activities after finance costs but before

exceptional items

16.194 -80.203 -49.58 -36.358 -194 -186.716

8 Prior period items before tax

0 0 0 0 0 0

9 Exceptional items 0 0 0 0 0 0

10 Profit (loss) from

ordinary activities before tax

16.194 -80.203 -49.58 -36.358 -194 -186 716

II Tax Expense 0 0 0 0 3.18 1.771

12 Net profit (loss) from

ordinary activities after tax

16.194 -80.203 -49.58 -36.358 -197.18 -188.487

13 Extraordinary items 0 0 0 0 0 2.378

14 Net Profit Loss for the period from continuing

operations 16.194 -80.203 -49.58 -36.358 -197.18 -186.109

15 Profit (loss) from discontinuing operations before tax

0 0 0 0 0 0

16 Tax expense of discontinuing operations

0 0 0 0 0 0

17 Net profit (loss) from

discontinuing operation after tax

0 0 0 0 0 0

18 Profit (loss) for period before minority interest 16.194 -80.203 -49.58 -36.358 -197.18 -186.109

21

Net Profit (loss) after taxes minority interest

and share of profit (loss) of associates

16.194 -80.203 -49.58 -36.358 -197.18 -186.109

A1M ENTERi4ZIS file:///ZISHREE%2ONATH%2000MM%208,%20FIN%2OLTD/Results/2016-17/Dee/02016/Proaim%20enterprises_%20 .5e11(31st° Odec.h

For PRO 317

Vex Di= Or t Auth rised Signal

04/02/2017 Proaim enterprises_ Result_31st dec.html



ended (dd- mm-yyyy)

Previous 3 months

ended (dd-

mm-YYYY)


mm-yyy ■. , )

Year to date figures for current period ended (dd-mm-

YYYY)

Year to date figures for previous period

ended (dd-mm-

YYYY)


(dd-mm-yyyy)

A Date of start of

reporting period 01-10- 2016

01-07-2016 01-10-2015 01-04-2016 01-04-2015 01-04-2015

B Date of end of

reporting period 31-12- 2016

30-09-2016 31-12-2015 31-12-2016 31-12-2015 31-03-2016

C Whether results

are audited or unaudited


D Nature of report

standalone or consolidated

Standalone Standalone Standalone , Standalone Standalone Standalone

Part I

22 Details of equity share capital

Paid-up equity share capital

1265.249 1265.249 1265.249 1265.249 1265.249 1265.249

Face value of equity share capital

10 10 10 10 10 10

23 Details of debt securities

24

Reserves excluding revaluation reserve

0 0 0 0 0 1496.526

26 Earnings per share

1 Earnings per share before extraordinary items

Basic earnings per share before extraordinary items

0.128 -0.489 -0.39 -0.287 -1.56 -1.471

Diluted earnings per share before extraordinary items

0.128 -0.489 -0.39 -0.287 -1.56 -1 471

ii Earnings per share after extraordinary items

Basic earnings per share after extraordinary items

0.128 -0.489 -0.39 -0.287 -1.56 -1.471

Diluted earnings per share after extraordinary items

0.128 -0.489 -0.39 -0.287 -1.56 -1.471

30 Disclosure of notes on financial results

Textual Information(1)

For PROA1M ENTERPRISES I

Director I Aut orised Signatory

file:///ZISHREE%2ONATH%2000MM%208,°/020FIN%2OLTD/Results/2016-17/Dec%2016/Proaim%20enterprises_%20Result 31st%20dec.htm I 4/7


Xext Block

The above financial results for the quarter ended 31st December, 2016 have been reviewed by the Audit Committee and approved by the Board of Directors at its Meeting held on 06th February, 2017 and reveiwed by Statutory Auditors.

2. The figure for the previous quarter/year have been re-grouped/ re-classified / re-stated wherever necessary. .

3. Investor Complaint for the'Quarter Ended 31/12/2016: Opening - 0, Received -0, Resolved -0,Closing - 0.

Textual Information(1) 4. This Result is available on our Website www.shreenathcommercial.com and on the website of BSE i.e. www.bseindia.com

5. The Company operates in two Business Segment i.e. Commodity Trading Buisiness and Finance Business Activities. Business segment has been identified as separable primary segment in accordance with Accounting Standard 17 'Segment Reporting' as prescribed under Companies (Accounting Standards) Rules, 2006, taking into Account the organisational and internal reporting structure as well as evaluation of risk and return of this segments.

6. Provision for Taxation, if any, will be made at the end of the Financial Year and hence not provided on quarterly basis.

For PROAIM ENTER • RISES TED

Director /Author ed Signatory

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04/02/2017 Proaim enterprises_ Result_3lst dec.html

Format for Reporting Segmenet wise Revenue, Results and Capital Employed along with the eon pany results


ended (dd- mm-yyyy)

Previous 3 months

ended (dd- mm-YYYY)


nim -yyyy)

Year to date figures for current period ended (dd-mm-

YYYY)

Year to date figures for previous period

ended (dd-mm- yyyy)


(dd-mm-

Date of start of reporting period

01-10- 2016

01-07-2016 01-10-2015 01-04-2016 01-04-2015 01-04-2015

Date of end of reporting period

31-12- 2016

30-09-2016 31-12-2015 31-12-2016 31-12-2015 31-03-2016

Whether accounts are audited or unaudited


Nature of report standalone or consolidated


1 Segment Revenue (Income)

(net sale/income from each segment should be disclosed)

I Commodity Trading

Bussiness 0 407.763 -1.94 599.363 -1.94 400.435

2 Finance Business 35.294 38.467 30.98 110.333 88.09 148.515

3 Other Income 0.062 0 0 0.103 0 0

Total Segment Revenue

35.356 446.23 29.04 709.799 86 15 548.95

Less: Inter segment revenue

Revenue from Operations

35.356 446.23 29.04 709.799 86.15 548 .95

2 Segment Result

Profit (+) / Loss (-) before tax and interest from each segment

I Commodity Trading

Bussiness 0 -79.981 -46.9 -79.851 -46.9 -49.78


3 Other Income 0.062 0 0 0.103 0 0

Total Profit before tax

22.818 -73.459 -43.54 -14.163 7.63 29.26

i. Finance cost 0 0 (1 0 0 9.021

ii. Other Unallocable

Expenditure net off Unallocable income

6.624 6.744 6.04 22.195 201.63 206.955

Profit before tax 16.194 -80.203 -49.58 -36.358 -194 -186.716

3 Capital Employed

(Segment Asset - Segment Liabilities)

1 Commodity Trading

Bussiness -96.804 -176.204 -45.36 -96.804 -45.36 0


3 Other Income 0 0 0 0 0 0

Total Capital Employed

2539.307 2523.113 2564.59 2539.307 2564.59 2785.666

Disclosure of notes on segments

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C Ws Director / Aut

.ISES IMIT7D7

rised Signatory


For PROAllgV1 NTERPRISE !Air

ice`" Director /Au orised Sig

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proaim enter rises limited andheri (w), mumbai...with limited review report on the same. 2....

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