22,07,21)16 The? Dy, General Manager Bombay Stock Exchange Limited Corporate Relationship Department P.J. Towers, Dalitl Street MUMBAl - 400 001

Dear Sir,

Sub: Unaudited Finmcial Resalts for 1;

Ref: Scrip No. 503015

Pursuar~t to Regulation 33 of the SEBI [List Regulations, 2015 we are enclosing h Quarter ended 30th June, 2016 and the

Kindly acknowledge.

Yours faithfully,

For MODERN INDIA LIMITED

Vier; President-Company Secretary Address: 1, Mittal Chambers, 228, Narim FCS No: 5414 Encl: As above

Owned Subsidiary of th as at March 31,2016 D

a) Tradmg

b) Renewt3ble Energy c) Real Estate 6) Unailo~abis Total Less Ynailocabte Expenditure

Ji) tntereat Payment

a] Tnrding b) Renewable f nergy c) Reef Estate d) Unalloated i Carporate

B 0.

The B3cran.d ctf klirectors, h l i j d ~ _ . ~ ~ Xi-e~iiu i rml~~sii,

Re: l,imited BZc.;lieb% ttf the unaudited t3nitxatial results for the quarter ended %June 30,2016

1 b ' e h:it c ri.5 ~e i i ed tlnr .iccomj7an) j n g statement uf unaudited linillieial results of Modern India ldimitec9 i YIIC i'ornp:~i~> ' i ii>r tile yuiirtcs ended on June 30, 11114, 'fhis staler-tlent is the re.;pc~nsibilit: 0 6 rht. ['t)~-izp.in.i 'L 5lnnaghtt1rsnt and I-ias k e n it13provctl bj thr Board of" Directors, Our responsibility i:, ti9 ziws ,i I ~ " j 7 ~ r t on t f ~ i b S;~liite~~~cnt baseif otli our revicxtv.

2 Lire cilt~iiii~teij isiii' rcaict\ iil ~iccor~fi~nce with St~tndard on Xite~ie~v Engagerl~ei~ts ISRE) 340, "Re\ I L " ~ X ~i Interir~~ f.in;ntlciul 1nibrm;trion I k r h r n ~ c d & j the lt~dependent Auditor of the Entity"' i.;,tit"d 1)) tile Insi.ittltc 01' C'hnrtcrcd Accountarrts of India. This Standard requires that we plm and perl-ijrtxl the re\ ieti to obtain ~~aodcsate assuraelce as to nlrerher the statement of* filza~~ciai results is ficc. 01 irxitcsnai r3n1sstiilc!-nena ,% rci ie\r"rr i s l i~~iltcd prilllarily 10 inquiries of G O I I M ~ : ~ X I ~ persoalnel and .in;rni) ticd piiweeiieii'cs lipplied to fi~~ancial data and 1ht.i~ psoi idc less assurmee tbrri~ an audit We Ila~re" not ~ C I ii,~*i-aazJ ;ill atiiii t :ini! ~accot c31r1gIj. u e do riot expreys 311 audit opirricln

:, :?an ,amcturxi B I ~ 7 J 3SQ.51 1 dli1.n~ -.i.leitst;uid~ng as rcileii~;lble as at tl-ac end 01' the current quarler in rcqw"" t>f com111itditic.; trading iransdcliittx <lone it11 National Spol Exchange I.inlited IWSEL), The cornp~ilnj "il;i\ Illed ;a repre~c1ll:xtiw .iiin.r iri al-tr l?vlulni?ai high C O U I T ~ E C ) ~ recovery of dues alleging fraud "ij rile b"i~rerr~mi:irx ~ i t ~ d C'EO of holding con~p,zrn\ NSEI, rind certain ke j persons, No proeisiora ha\ bcc~l 1a11a~11: ilg~3111~t t l l c seccita!?le E I I en of pealding outcon~~e ufthhr legal suit :ind resolutiox~ of' other unccrtalotles ilraol\fr~il in tllii; c~lse. \Ye are therefore unable to ohtail1 sufticient appriipriate eigicfeaace to vcril\ the Ciirr! ixig ~ ~ I I I ~ ~ I J I X ~ ~ x f fhc re~owzra"6>e cX: cuaaseq~aentiy ~mahle eto deteriz~ine cchether my adJ ~~411?11111F i i i I nlllolillt i ~ t IliL"OeSSilT>'.

4 13:1\ed oil oilr rcaiitiv conductcei as abute, and subject to matters rnentioncd I11 para 3 above, rantiilirlg 1 1 3 ~ ~ ~ 1 . 1 3 2 c " to 019i :~tfi'ritio~x tlmt C;IUCCS US 114 beliekc tlii~t tile rrecon~panyir-eg statetllent of unaudited figr,tr;ci,i? rt'.;taIts prcjmreit in accordamlce ~ii11.i spplicahic ncoountir-ig standards ~lotified ililcfer s e e t i o ~ ~ I ?.'i 01.' tile C'oi-rapnnich Act, 2fist3 rckiii -with rule 7 of O Z T I ~ ~ J I ~ C S (AGCQPLIM~S) Rules 3014 and olher t.eci1gniic.3 ,acci~until.ig priictici.i ,itliF p011c~e~ hLis 1-101. di~closed the it~fonlxatioll required ti] be Lfiscloicci iii trtrm\ c ~ f Regilt:itio!~ 3.3 of the Sb131: 41 rsting Ohligatio~zs axid U~sclosure Requirements) 1Z;egiii;ifi~iiii~ 1C915 iiacl~idiiig the l ~ ~ a i ~ i l e r in a-chich i t is to he disclosed, or that ihonrains any material n~isslaternci?l.

";:axitc tlr-ail :~!tcnaion to Note 8x1 5 01'pubiishccS re~~ilfs, wherein despite accumulaied loss of 7' 555*71 L,,tklas ,is on 3 1)" ".I-lme, 10 1 6, in i ts subsidia~ nmmeiy Msdew India Propeay Deveispers L~mited &I IIdi31 1, t ~ t ' r ~~r~)v i s~ t )z l is considered nece5sar.V in the <,'ox~lrpany"s long tern e~tllleilt cia' ?I 500

fi,,lkhs In f\llllD1.. as in 111e opil~ion of the aa~aaagemei~t the diminutxor-; in value of 111vestmetll is tenlporar jf n aa rrlaPPrre.

Place: Munlbui Date: July 22,201 6

Partner Membership No. 38934