7
self Shentracon Chemicals Limited REGD. OFFICE: 6A. KIRi1.NSHANKARROYROAD,3RDFLOOR,KOLKATA-700001, PHONE; 2248-9731,2248-9538, FAX: +91 332248-4000 EMAIL: [email protected], Website: www.shentrocon.com CIN : L24299WB1993PLC059449 Dated 31 SI July 2020 Department of Corporate Services 8SE Limited Phiroze Jeejeebhoy Towers Dalal Street Mumbai- 40000 I The Secretary The Calcutta Stock Exchange Ltd 7, Lyons Range Kolkata - 700 00 I Script Code 530757, Script ID : SHENTRA Scrip Code: 29095 Dear Sir / Madam, Sub: Outcome of Board Meeting dated July 31, 2020 With reference to the above captioned subject and pursuant to the provisions of Regulations .1.1and Regulation 30 of Securities Exchange Board oflndia (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith the following as approved and taken on record by the Board of Directors of the Company in its Meeting held today i.e, July 3 1, 2020. 1. Audited Standalone Financial Results of the Company along with Statement of Assets and Liabilities for the Quarter and Year ended March 31, 2020. 2. Pursuant to Regulation 33 of the Listing Regulations, we are enclosing here with the Audited Financial Results (Consolidated and Standalone) for the quarter and year ended 31st March, 2020 along with Statement of Assets and Liabilities in the prescribed format and the Auditors Report on the Audited Financial Results. 3. Declaration regarding Audit Report by the Statutory Auditor of the company with unmodified opinion on Audited Standalone Financial Results of the Company for the financial year ended 31" March 2020. 4. The Financial Results are being published in newspaper as required under the provisions of SEI~I (Listing Obligations and Disclosure Requirements) Regulations, 2015. 5. The Company would further like to inform that the transaction related to sale of land has been successfully completed. 6. Re-appointment of M/s. MR & Associates as Secretarial Auditor of the Company for the conducting secretarial audit for the financial year 2020-2021. Further to the above, we would like to intimate that: The Meeting commenced at 02:30 P.M. and concluded at 05:30 P.M. WORKS AT :- BAMUNARY, OPP. (JORA HOTEL) OANKUNI, OIST: HOOGHLY (w. BENGAL)

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Page 1: Shentracon Chemicals Limited

selfShentracon Chemicals Limited

REGD OFFICE6A KIRi1NSHANKARROYROAD 3RD FLOORKOLKATA-700001 PHONE 2248-97312248-9538 FAX +91 332248-4000

EMAIL Investorshentroconcom Website wwwshentroconcomCIN L24299WB1993PLC059449

Dated 31 SI July 2020

Department of Corporate Services8SE LimitedPhiroze Jeejeebhoy TowersDalal StreetMumbai- 40000 I

The SecretaryThe Calcutta Stock Exchange Ltd7 Lyons RangeKolkata - 700 00 I

Script Code 530757 Script ID SHENTRA Scrip Code 29095

Dear Sir Madam

Sub Outcome of Board Meeting dated July 31 2020

With reference to the above captioned subject and pursuant to the provisions of Regulations 11 andRegulation 30 of Securities Exchange Board oflndia (Listing Obligations and Disclosure Requirements)Regulations 2015 please find enclosed herewith the following as approved and taken on record by theBoard of Directors of the Company in its Meeting held today ie July 3 1 2020

1 Audited Standalone Financial Results of the Company along with Statement of Assets and Liabilitiesfor the Quarter and Year ended March 31 2020

2 Pursuant to Regulation 33 of the Listing Regulations we are enclosing here with the AuditedFinancial Results (Consolidated and Standalone) for the quarter and year ended 31st March 2020along with Statement of Assets and Liabilities in the prescribed format and the Auditors Report onthe Audited Financial Results

3 Declaration regarding Audit Report by the Statutory Auditor of the company with unmodifiedopinion on Audited Standalone Financial Results of the Company for the financial year ended 31March 2020

4 The Financial Results are being published in newspaper as required under the provisions of SEI~I(Listing Obligations and Disclosure Requirements) Regulations 2015

5 The Company would further like to inform that the transaction related to sale of land has beensuccessfully completed

6 Re-appointment of Ms MR amp Associates as Secretarial Auditor of the Company for the conductingsecretarial audit for the financial year 2020-2021

Further to the above we would like to intimate that

The Meeting commenced at 0230 PM and concluded at 0530 PM

WORKS AT - BAMUNARY OPP (JORA HOTEL) OANKUNI OIST HOOGHLY (w BENGAL)

5C~Shentracon Chemicals Limited

REGD OFFICE6A KIRjlNSHANKARROY ROAD 3RD FLOOR KOLKATA-700001 PHONE 2248-97312248-9538 FAX +91 332248-4000

EMAIL investorshentraconcom Website wwwshentroconcomCIN L24299WB 1993PLC059449

The aforesaid documents are also place on the website of the Company at wwwshentraconcom

Kindly take the same on record

Thanking you

Yours faithfullyFor Shcntracon Chemicals LimitedwSanjay SurekaDirectorDIN 00491454

WORKS AT - BAMUNARY OPP ( JORA HOTEL) DANKUNI DIST HOOGHLY (w BENGAL)

SHENTRACON CHEMICALS LTOReg Office6AKiran Shankar Roy RoadKolkata-700 001

CIN L24299WB1993LC059499

rei No+91 33 224897319438Fax +91 332248400 Emailinvestorshentraconcom Webhttpwwwshentraconcom

STATEMENT OF AUDITED FINANCIAL RESULTS FOR THE QUARTER AND YEAR ENDED 31ST MARCH 2020(Rsin Lakhs)

Quarter Ended Year ended Year endedSI No Particulars (31-03-2020) (31-12-2019) 31-03-2019 (31-03-2020) (31-03-2019)

Audited Unaudited (Audited) Audited Audited1 Income from operation

a) Sales from Operations -b) Other Operating IncomeTotal Operating Revenue - - - - -

2 Other Income 32061 - 32061

3 Total Revenue (l +2) 32061 - - 32061 -4 Expenses

a) Cost of materials Consumedb) Changes in inventories of finished goods Work inprogress and Stock in trade 7015 7015c) Excise Duty - - - -d) Employee benefit expenses - 564e)Finance costs 030 069 109 250 222f) Depreciation and amortisation expense 049 047 047 191 191g) Other Expenses 25154 290 260 26176 1330

Total Expenses 32248 406 416 33632 23075 Profit I(Loss) before exceptional items and tax (5-4) (187) (406) (416) (1571) (2307)6 Exceptional Items - -7 Profitl (Loss) before tax (5-6) ( 187) (406) (416) (1571) (230 I)

8 Tax ExpenseCurrent TaxDeffered TaxProfit(Loss) from Ordinary Activities after Tax

9 (Vll+VllI) (187) (406) (416) (1571) (2307)10 Extraordinary items ( net of tax expense) -11 Profit(Loss) for the period (9+ 10) (187) (406) (416) (1571) (2307)12 Other Comprehensive Income - - - - -13 Total Comprehensive Income (13+ 14) (187) (406) (416) (1571) (2307)14 Paid-up Equity Share Capital

a) Fully Paid Up (Rsl 01- Each Fully Paid Up PreviousYear RslOI - Each Fully Paid Up ) 44381 44381 44381 44381 44381b) Partly Paid Up - - - -

15 Earning per Equity Share (Basic and Diluted)a) Basic amp Diluted EPS (Rs) before Extra OrdinaryItems for The Period (004) (009) (009) (035) (052)b) Basic amp Diluted EPS (Rs) after Extra Ordinary Itemsfor The Period (004) (009) (009) (035) (052)

SHENTRACON CHEMICALS LTDReg Office6AKiran Shankar Roy RoadKolkata-700 001

CIN L24299WB1993LC059499

rei No+91 33 224897319438Fax +91 33 2248400Emailinvestorshentraconcom Web httpwwwshentraconcom

STATEMENT OF ASSETSAND LIABILITIES FOR THE YEAR ENDED 31st March 2020

(Rsin Lakbs)

ParticularsAs at 31 st March As at 31 st March2020 (Audited) 2019 (Audited)

( Standalone ) ( Standalone )

ASSETS

(1) Non-Current Assets

(a) Property Plant amp Equipment 13187

(b) Capital work-in-progress

(c) Other intangible assets

(d) Financials assets

(i) Investments

(ii)Other financiat assets

(e) Current tax assets (net)

(f) Other non-current assets 20275

Sub-total -Non current assets 33462

(2) Current Assets

(a) Inventories 7015

(b) Finacial assets

(i) Trade receivables

(ii) Cash amp cash equivalents 16262 740

(iii)Other Bank Balances

(iv)Loans 003 064

(v) Other financiat assets

(c) Current tax assets (net) 430

(d) Other current assets

Sub-total -Current assets 16695 7819

TOTAL -ASSETS 16695 41281

EQUITY AND L1ABILTIES

(1) Equity

(a) Equity Share Capital 44382 44382

(b) Other Equity (57377) (55805)

(2) Non-current liabilities

(a) Financial liabilities

(i) Borrowings 27237 27237

(ii) Other financial liabilities 21558

(b) Provisions

(c) Deferred tax liabilities (net)

(d) Other non-current liabilities

Sub-total -Non Current Liabilities 14242 37372

(3) Current liabilities

(a) Financial liabilities

(i) Borrowings 802 3546

(ii) Trade Payables 201 201

(iii) Other financial liabilities

(b) Provisions

(c) Current tax Iiabilities(net)

(d) Other Current liabilities 1450 162

Sub-total -Current Liabilities 2453 3909

TOTAL EQUITY AND LIABILITIES 16695 412_81

Place KolkataDate 31st July 2020

Director

By Order of the ~erd t~Uen racon Chemicals Ltae-Drrector

Shentracon Chemicals LimitedCINl24299WB1993PlCOS9449

Cash Flow Statement for the year ended 31st March 2020

For the year ended For the year31st March 2020 ended 31st

A CASHFlOW FROM OPERATING ACTIVITIESProfit amp (Loss) before Taxation and Exceptional items (1571) (2307)Adjustment forNet Prior Year Adjustments - -

Loss on Sale Discard of Assets (net) (32061) -

Depreciation and Amortisation Expense 191 191Transferred from Revaluation Reserve - -

Effect of Exchange Rate Change - -

Net gain on Sale of Investments - -Finance Costs 250 222

(31620) 413Operating Profit before working capital changes (33191) (1894)Trade and Other Receivables - 442

Inventories 7015 -

Trade and Other Payables (1287) 4318302 011

CashGenerated from Operations 24889 1883Direct Tax paid (net of refund) (430) -

Net Cash from Operating Activities (25319) (1883)

B CASHFlOW FROM INVESTING ACTIVITIESPurchase of Fixed Assets - -

Sale of Fixed Assets Transfer of Participating Interest 45058 -

Advance for Transfer of Participating Interest - -Purchase of Investments - -

Sale of Investments - -

Sale of disposed assets 20275 -

Movement in Loans and Advances 061 001Interest Income - -

Dividend Income - -

Net Cash froml used in Investing Activities 65394 001

C CASHFlOW FROM FINANCING ACTIVITIESProceeds from Long Term Borrowings (21558) -

Short Term Borrowings (net) (2745) 1235Interest Paid (250) (222)Net Cash (used in) I from Financing Activities (24553) 1013Net Increasedecrease in Cash and Cash Equivalents 15522 869Opening Balance of Cash and Cash Equivalents 740 1609Cash and cash equivalent (Note 6)Closing Balance of Cash and Cash Equivalents 16262 740Cash and cash equivalent (Note 6)

NotesThe financial results of the Company have been prepared in accordance with Indian Accounting Standards (Ind AS) notified under theCompanies (Indian Accounting Standards) Rules 2015 as amended by the Companies (Indian Accounting Standards) (Amendment)Rules 2016

2 The above results have been duely reviewed by the audit committee of the Board and taken on records at the meeting of the Board ofDirector held on 31st July 2020

3 A Limited Review of the Audited financial results for the quarter and year to date ended March 31 2020 has been carried out by theStatutory auditor of the Company Ms J Khemani amp Co

4 Previous Quarterl years figures have been re-arrangedre-grouped wherever necessary

5 In accordance with Accounting Standard 17 - Segment Reportingmiddot issued by the Institute of Chartered Accountants of India is notapplicable as the Company has only one business segment l e manufactunng and selling of chemical products There are no otherprimary reportable segments The major and material activities of the company are restricted to only one geographical segment ieIndia hence the secondary segment disclosures are also not applicable

6 The above results is as per Regulation 33 of the SEBI (Listing obligations amp Disclosure Requirements) Regulations 2015

7 The CEO and CFO certificate in respect of the above result in terms of the SEBI (Listing Obligations amp Disclosure Requirements)Regulations 2015 has been placed before the Board of Directors

8 The figure for the quarter ended 31st March 2020 are the balancing figures between the audited financial result for the year ended 31stMarch 2020 and the published financial result for the 9 months ended 31st December 2019

9 During the quarter ended March 312020 the outbreak of the coronavirus disease of 2019 (COVID-19) spread throughout the worldand became a global pandemic Consequent to this on 24th March 2020 the Government of India declared a nationwide lockdownthroughout the country which has impacted the business activities of the Company The Company has been following all the safetyguidelines as suggested by Government alter resumption of lockdownHowever management believes that it has taken into account all the possible impacls known events arising from COVID-19 pandemicand the resultant lockdowns in the preparation of financial resulls including bul not limited to its assessment of companys liquidily andgoing concern recoverable values of trade receivables and other assets The Company cannot fully estimate the accurate fulure impactof COVID-19 on our Operations but we can say that it may affect the future profilabilily and revenue and the management will beensuring thal the business operations are carried out smoothly The above parameters are contingent as it may and may not happen andthe Company will provide regular updates as and when in any situation if any major changes occur

Place KolkataDate 31st July 2020

By Order of the Board

~hentracon Chemicals Ltd

~oDi~ectorirector

selfShentracon Chemicals Limited

REGD OFFICE6A KIRANSHANKARROY ROAD 3~D FLOOR KOLKATA-700001 PHONE 2248-97312248-9538 FAX +91 332248-4000

EMAIL Investorshentraconcom Website wwwshentraconcomCIN L24299WB1993PLC059449

Declaration of Unmodified Opinion in the audit report on the standalone and consolidated financial

results for the year ended March 31 2020 - Regulation 33 (3) (d) of the Securities and ExchangeBoard of India (listing Obligation and Disclosure Requirements) Regulations 2015

-

1 Name of Company Shentracon Chemicals Limited

--

2 Standalone Annual Financial s i March 2020Statement for the year ended

3 Statutory Auditors J Khemani amp Co

4 Type of Auditor observation Un Modified Report

--

5 Signed by

-nemracon Chemicals LW

Sanjay Sureka KDirector

-

Place Kolkata

Date 31072020

WORKS AT - BAMUNARY OPP ( JORA HOTEL) DANKUNI DIST HOOGHLY (w BENGAL)

Page 2: Shentracon Chemicals Limited

5C~Shentracon Chemicals Limited

REGD OFFICE6A KIRjlNSHANKARROY ROAD 3RD FLOOR KOLKATA-700001 PHONE 2248-97312248-9538 FAX +91 332248-4000

EMAIL investorshentraconcom Website wwwshentroconcomCIN L24299WB 1993PLC059449

The aforesaid documents are also place on the website of the Company at wwwshentraconcom

Kindly take the same on record

Thanking you

Yours faithfullyFor Shcntracon Chemicals LimitedwSanjay SurekaDirectorDIN 00491454

WORKS AT - BAMUNARY OPP ( JORA HOTEL) DANKUNI DIST HOOGHLY (w BENGAL)

SHENTRACON CHEMICALS LTOReg Office6AKiran Shankar Roy RoadKolkata-700 001

CIN L24299WB1993LC059499

rei No+91 33 224897319438Fax +91 332248400 Emailinvestorshentraconcom Webhttpwwwshentraconcom

STATEMENT OF AUDITED FINANCIAL RESULTS FOR THE QUARTER AND YEAR ENDED 31ST MARCH 2020(Rsin Lakhs)

Quarter Ended Year ended Year endedSI No Particulars (31-03-2020) (31-12-2019) 31-03-2019 (31-03-2020) (31-03-2019)

Audited Unaudited (Audited) Audited Audited1 Income from operation

a) Sales from Operations -b) Other Operating IncomeTotal Operating Revenue - - - - -

2 Other Income 32061 - 32061

3 Total Revenue (l +2) 32061 - - 32061 -4 Expenses

a) Cost of materials Consumedb) Changes in inventories of finished goods Work inprogress and Stock in trade 7015 7015c) Excise Duty - - - -d) Employee benefit expenses - 564e)Finance costs 030 069 109 250 222f) Depreciation and amortisation expense 049 047 047 191 191g) Other Expenses 25154 290 260 26176 1330

Total Expenses 32248 406 416 33632 23075 Profit I(Loss) before exceptional items and tax (5-4) (187) (406) (416) (1571) (2307)6 Exceptional Items - -7 Profitl (Loss) before tax (5-6) ( 187) (406) (416) (1571) (230 I)

8 Tax ExpenseCurrent TaxDeffered TaxProfit(Loss) from Ordinary Activities after Tax

9 (Vll+VllI) (187) (406) (416) (1571) (2307)10 Extraordinary items ( net of tax expense) -11 Profit(Loss) for the period (9+ 10) (187) (406) (416) (1571) (2307)12 Other Comprehensive Income - - - - -13 Total Comprehensive Income (13+ 14) (187) (406) (416) (1571) (2307)14 Paid-up Equity Share Capital

a) Fully Paid Up (Rsl 01- Each Fully Paid Up PreviousYear RslOI - Each Fully Paid Up ) 44381 44381 44381 44381 44381b) Partly Paid Up - - - -

15 Earning per Equity Share (Basic and Diluted)a) Basic amp Diluted EPS (Rs) before Extra OrdinaryItems for The Period (004) (009) (009) (035) (052)b) Basic amp Diluted EPS (Rs) after Extra Ordinary Itemsfor The Period (004) (009) (009) (035) (052)

SHENTRACON CHEMICALS LTDReg Office6AKiran Shankar Roy RoadKolkata-700 001

CIN L24299WB1993LC059499

rei No+91 33 224897319438Fax +91 33 2248400Emailinvestorshentraconcom Web httpwwwshentraconcom

STATEMENT OF ASSETSAND LIABILITIES FOR THE YEAR ENDED 31st March 2020

(Rsin Lakbs)

ParticularsAs at 31 st March As at 31 st March2020 (Audited) 2019 (Audited)

( Standalone ) ( Standalone )

ASSETS

(1) Non-Current Assets

(a) Property Plant amp Equipment 13187

(b) Capital work-in-progress

(c) Other intangible assets

(d) Financials assets

(i) Investments

(ii)Other financiat assets

(e) Current tax assets (net)

(f) Other non-current assets 20275

Sub-total -Non current assets 33462

(2) Current Assets

(a) Inventories 7015

(b) Finacial assets

(i) Trade receivables

(ii) Cash amp cash equivalents 16262 740

(iii)Other Bank Balances

(iv)Loans 003 064

(v) Other financiat assets

(c) Current tax assets (net) 430

(d) Other current assets

Sub-total -Current assets 16695 7819

TOTAL -ASSETS 16695 41281

EQUITY AND L1ABILTIES

(1) Equity

(a) Equity Share Capital 44382 44382

(b) Other Equity (57377) (55805)

(2) Non-current liabilities

(a) Financial liabilities

(i) Borrowings 27237 27237

(ii) Other financial liabilities 21558

(b) Provisions

(c) Deferred tax liabilities (net)

(d) Other non-current liabilities

Sub-total -Non Current Liabilities 14242 37372

(3) Current liabilities

(a) Financial liabilities

(i) Borrowings 802 3546

(ii) Trade Payables 201 201

(iii) Other financial liabilities

(b) Provisions

(c) Current tax Iiabilities(net)

(d) Other Current liabilities 1450 162

Sub-total -Current Liabilities 2453 3909

TOTAL EQUITY AND LIABILITIES 16695 412_81

Place KolkataDate 31st July 2020

Director

By Order of the ~erd t~Uen racon Chemicals Ltae-Drrector

Shentracon Chemicals LimitedCINl24299WB1993PlCOS9449

Cash Flow Statement for the year ended 31st March 2020

For the year ended For the year31st March 2020 ended 31st

A CASHFlOW FROM OPERATING ACTIVITIESProfit amp (Loss) before Taxation and Exceptional items (1571) (2307)Adjustment forNet Prior Year Adjustments - -

Loss on Sale Discard of Assets (net) (32061) -

Depreciation and Amortisation Expense 191 191Transferred from Revaluation Reserve - -

Effect of Exchange Rate Change - -

Net gain on Sale of Investments - -Finance Costs 250 222

(31620) 413Operating Profit before working capital changes (33191) (1894)Trade and Other Receivables - 442

Inventories 7015 -

Trade and Other Payables (1287) 4318302 011

CashGenerated from Operations 24889 1883Direct Tax paid (net of refund) (430) -

Net Cash from Operating Activities (25319) (1883)

B CASHFlOW FROM INVESTING ACTIVITIESPurchase of Fixed Assets - -

Sale of Fixed Assets Transfer of Participating Interest 45058 -

Advance for Transfer of Participating Interest - -Purchase of Investments - -

Sale of Investments - -

Sale of disposed assets 20275 -

Movement in Loans and Advances 061 001Interest Income - -

Dividend Income - -

Net Cash froml used in Investing Activities 65394 001

C CASHFlOW FROM FINANCING ACTIVITIESProceeds from Long Term Borrowings (21558) -

Short Term Borrowings (net) (2745) 1235Interest Paid (250) (222)Net Cash (used in) I from Financing Activities (24553) 1013Net Increasedecrease in Cash and Cash Equivalents 15522 869Opening Balance of Cash and Cash Equivalents 740 1609Cash and cash equivalent (Note 6)Closing Balance of Cash and Cash Equivalents 16262 740Cash and cash equivalent (Note 6)

NotesThe financial results of the Company have been prepared in accordance with Indian Accounting Standards (Ind AS) notified under theCompanies (Indian Accounting Standards) Rules 2015 as amended by the Companies (Indian Accounting Standards) (Amendment)Rules 2016

2 The above results have been duely reviewed by the audit committee of the Board and taken on records at the meeting of the Board ofDirector held on 31st July 2020

3 A Limited Review of the Audited financial results for the quarter and year to date ended March 31 2020 has been carried out by theStatutory auditor of the Company Ms J Khemani amp Co

4 Previous Quarterl years figures have been re-arrangedre-grouped wherever necessary

5 In accordance with Accounting Standard 17 - Segment Reportingmiddot issued by the Institute of Chartered Accountants of India is notapplicable as the Company has only one business segment l e manufactunng and selling of chemical products There are no otherprimary reportable segments The major and material activities of the company are restricted to only one geographical segment ieIndia hence the secondary segment disclosures are also not applicable

6 The above results is as per Regulation 33 of the SEBI (Listing obligations amp Disclosure Requirements) Regulations 2015

7 The CEO and CFO certificate in respect of the above result in terms of the SEBI (Listing Obligations amp Disclosure Requirements)Regulations 2015 has been placed before the Board of Directors

8 The figure for the quarter ended 31st March 2020 are the balancing figures between the audited financial result for the year ended 31stMarch 2020 and the published financial result for the 9 months ended 31st December 2019

9 During the quarter ended March 312020 the outbreak of the coronavirus disease of 2019 (COVID-19) spread throughout the worldand became a global pandemic Consequent to this on 24th March 2020 the Government of India declared a nationwide lockdownthroughout the country which has impacted the business activities of the Company The Company has been following all the safetyguidelines as suggested by Government alter resumption of lockdownHowever management believes that it has taken into account all the possible impacls known events arising from COVID-19 pandemicand the resultant lockdowns in the preparation of financial resulls including bul not limited to its assessment of companys liquidily andgoing concern recoverable values of trade receivables and other assets The Company cannot fully estimate the accurate fulure impactof COVID-19 on our Operations but we can say that it may affect the future profilabilily and revenue and the management will beensuring thal the business operations are carried out smoothly The above parameters are contingent as it may and may not happen andthe Company will provide regular updates as and when in any situation if any major changes occur

Place KolkataDate 31st July 2020

By Order of the Board

~hentracon Chemicals Ltd

~oDi~ectorirector

selfShentracon Chemicals Limited

REGD OFFICE6A KIRANSHANKARROY ROAD 3~D FLOOR KOLKATA-700001 PHONE 2248-97312248-9538 FAX +91 332248-4000

EMAIL Investorshentraconcom Website wwwshentraconcomCIN L24299WB1993PLC059449

Declaration of Unmodified Opinion in the audit report on the standalone and consolidated financial

results for the year ended March 31 2020 - Regulation 33 (3) (d) of the Securities and ExchangeBoard of India (listing Obligation and Disclosure Requirements) Regulations 2015

-

1 Name of Company Shentracon Chemicals Limited

--

2 Standalone Annual Financial s i March 2020Statement for the year ended

3 Statutory Auditors J Khemani amp Co

4 Type of Auditor observation Un Modified Report

--

5 Signed by

-nemracon Chemicals LW

Sanjay Sureka KDirector

-

Place Kolkata

Date 31072020

WORKS AT - BAMUNARY OPP ( JORA HOTEL) DANKUNI DIST HOOGHLY (w BENGAL)

Page 3: Shentracon Chemicals Limited

SHENTRACON CHEMICALS LTOReg Office6AKiran Shankar Roy RoadKolkata-700 001

CIN L24299WB1993LC059499

rei No+91 33 224897319438Fax +91 332248400 Emailinvestorshentraconcom Webhttpwwwshentraconcom

STATEMENT OF AUDITED FINANCIAL RESULTS FOR THE QUARTER AND YEAR ENDED 31ST MARCH 2020(Rsin Lakhs)

Quarter Ended Year ended Year endedSI No Particulars (31-03-2020) (31-12-2019) 31-03-2019 (31-03-2020) (31-03-2019)

Audited Unaudited (Audited) Audited Audited1 Income from operation

a) Sales from Operations -b) Other Operating IncomeTotal Operating Revenue - - - - -

2 Other Income 32061 - 32061

3 Total Revenue (l +2) 32061 - - 32061 -4 Expenses

a) Cost of materials Consumedb) Changes in inventories of finished goods Work inprogress and Stock in trade 7015 7015c) Excise Duty - - - -d) Employee benefit expenses - 564e)Finance costs 030 069 109 250 222f) Depreciation and amortisation expense 049 047 047 191 191g) Other Expenses 25154 290 260 26176 1330

Total Expenses 32248 406 416 33632 23075 Profit I(Loss) before exceptional items and tax (5-4) (187) (406) (416) (1571) (2307)6 Exceptional Items - -7 Profitl (Loss) before tax (5-6) ( 187) (406) (416) (1571) (230 I)

8 Tax ExpenseCurrent TaxDeffered TaxProfit(Loss) from Ordinary Activities after Tax

9 (Vll+VllI) (187) (406) (416) (1571) (2307)10 Extraordinary items ( net of tax expense) -11 Profit(Loss) for the period (9+ 10) (187) (406) (416) (1571) (2307)12 Other Comprehensive Income - - - - -13 Total Comprehensive Income (13+ 14) (187) (406) (416) (1571) (2307)14 Paid-up Equity Share Capital

a) Fully Paid Up (Rsl 01- Each Fully Paid Up PreviousYear RslOI - Each Fully Paid Up ) 44381 44381 44381 44381 44381b) Partly Paid Up - - - -

15 Earning per Equity Share (Basic and Diluted)a) Basic amp Diluted EPS (Rs) before Extra OrdinaryItems for The Period (004) (009) (009) (035) (052)b) Basic amp Diluted EPS (Rs) after Extra Ordinary Itemsfor The Period (004) (009) (009) (035) (052)

SHENTRACON CHEMICALS LTDReg Office6AKiran Shankar Roy RoadKolkata-700 001

CIN L24299WB1993LC059499

rei No+91 33 224897319438Fax +91 33 2248400Emailinvestorshentraconcom Web httpwwwshentraconcom

STATEMENT OF ASSETSAND LIABILITIES FOR THE YEAR ENDED 31st March 2020

(Rsin Lakbs)

ParticularsAs at 31 st March As at 31 st March2020 (Audited) 2019 (Audited)

( Standalone ) ( Standalone )

ASSETS

(1) Non-Current Assets

(a) Property Plant amp Equipment 13187

(b) Capital work-in-progress

(c) Other intangible assets

(d) Financials assets

(i) Investments

(ii)Other financiat assets

(e) Current tax assets (net)

(f) Other non-current assets 20275

Sub-total -Non current assets 33462

(2) Current Assets

(a) Inventories 7015

(b) Finacial assets

(i) Trade receivables

(ii) Cash amp cash equivalents 16262 740

(iii)Other Bank Balances

(iv)Loans 003 064

(v) Other financiat assets

(c) Current tax assets (net) 430

(d) Other current assets

Sub-total -Current assets 16695 7819

TOTAL -ASSETS 16695 41281

EQUITY AND L1ABILTIES

(1) Equity

(a) Equity Share Capital 44382 44382

(b) Other Equity (57377) (55805)

(2) Non-current liabilities

(a) Financial liabilities

(i) Borrowings 27237 27237

(ii) Other financial liabilities 21558

(b) Provisions

(c) Deferred tax liabilities (net)

(d) Other non-current liabilities

Sub-total -Non Current Liabilities 14242 37372

(3) Current liabilities

(a) Financial liabilities

(i) Borrowings 802 3546

(ii) Trade Payables 201 201

(iii) Other financial liabilities

(b) Provisions

(c) Current tax Iiabilities(net)

(d) Other Current liabilities 1450 162

Sub-total -Current Liabilities 2453 3909

TOTAL EQUITY AND LIABILITIES 16695 412_81

Place KolkataDate 31st July 2020

Director

By Order of the ~erd t~Uen racon Chemicals Ltae-Drrector

Shentracon Chemicals LimitedCINl24299WB1993PlCOS9449

Cash Flow Statement for the year ended 31st March 2020

For the year ended For the year31st March 2020 ended 31st

A CASHFlOW FROM OPERATING ACTIVITIESProfit amp (Loss) before Taxation and Exceptional items (1571) (2307)Adjustment forNet Prior Year Adjustments - -

Loss on Sale Discard of Assets (net) (32061) -

Depreciation and Amortisation Expense 191 191Transferred from Revaluation Reserve - -

Effect of Exchange Rate Change - -

Net gain on Sale of Investments - -Finance Costs 250 222

(31620) 413Operating Profit before working capital changes (33191) (1894)Trade and Other Receivables - 442

Inventories 7015 -

Trade and Other Payables (1287) 4318302 011

CashGenerated from Operations 24889 1883Direct Tax paid (net of refund) (430) -

Net Cash from Operating Activities (25319) (1883)

B CASHFlOW FROM INVESTING ACTIVITIESPurchase of Fixed Assets - -

Sale of Fixed Assets Transfer of Participating Interest 45058 -

Advance for Transfer of Participating Interest - -Purchase of Investments - -

Sale of Investments - -

Sale of disposed assets 20275 -

Movement in Loans and Advances 061 001Interest Income - -

Dividend Income - -

Net Cash froml used in Investing Activities 65394 001

C CASHFlOW FROM FINANCING ACTIVITIESProceeds from Long Term Borrowings (21558) -

Short Term Borrowings (net) (2745) 1235Interest Paid (250) (222)Net Cash (used in) I from Financing Activities (24553) 1013Net Increasedecrease in Cash and Cash Equivalents 15522 869Opening Balance of Cash and Cash Equivalents 740 1609Cash and cash equivalent (Note 6)Closing Balance of Cash and Cash Equivalents 16262 740Cash and cash equivalent (Note 6)

NotesThe financial results of the Company have been prepared in accordance with Indian Accounting Standards (Ind AS) notified under theCompanies (Indian Accounting Standards) Rules 2015 as amended by the Companies (Indian Accounting Standards) (Amendment)Rules 2016

2 The above results have been duely reviewed by the audit committee of the Board and taken on records at the meeting of the Board ofDirector held on 31st July 2020

3 A Limited Review of the Audited financial results for the quarter and year to date ended March 31 2020 has been carried out by theStatutory auditor of the Company Ms J Khemani amp Co

4 Previous Quarterl years figures have been re-arrangedre-grouped wherever necessary

5 In accordance with Accounting Standard 17 - Segment Reportingmiddot issued by the Institute of Chartered Accountants of India is notapplicable as the Company has only one business segment l e manufactunng and selling of chemical products There are no otherprimary reportable segments The major and material activities of the company are restricted to only one geographical segment ieIndia hence the secondary segment disclosures are also not applicable

6 The above results is as per Regulation 33 of the SEBI (Listing obligations amp Disclosure Requirements) Regulations 2015

7 The CEO and CFO certificate in respect of the above result in terms of the SEBI (Listing Obligations amp Disclosure Requirements)Regulations 2015 has been placed before the Board of Directors

8 The figure for the quarter ended 31st March 2020 are the balancing figures between the audited financial result for the year ended 31stMarch 2020 and the published financial result for the 9 months ended 31st December 2019

9 During the quarter ended March 312020 the outbreak of the coronavirus disease of 2019 (COVID-19) spread throughout the worldand became a global pandemic Consequent to this on 24th March 2020 the Government of India declared a nationwide lockdownthroughout the country which has impacted the business activities of the Company The Company has been following all the safetyguidelines as suggested by Government alter resumption of lockdownHowever management believes that it has taken into account all the possible impacls known events arising from COVID-19 pandemicand the resultant lockdowns in the preparation of financial resulls including bul not limited to its assessment of companys liquidily andgoing concern recoverable values of trade receivables and other assets The Company cannot fully estimate the accurate fulure impactof COVID-19 on our Operations but we can say that it may affect the future profilabilily and revenue and the management will beensuring thal the business operations are carried out smoothly The above parameters are contingent as it may and may not happen andthe Company will provide regular updates as and when in any situation if any major changes occur

Place KolkataDate 31st July 2020

By Order of the Board

~hentracon Chemicals Ltd

~oDi~ectorirector

selfShentracon Chemicals Limited

REGD OFFICE6A KIRANSHANKARROY ROAD 3~D FLOOR KOLKATA-700001 PHONE 2248-97312248-9538 FAX +91 332248-4000

EMAIL Investorshentraconcom Website wwwshentraconcomCIN L24299WB1993PLC059449

Declaration of Unmodified Opinion in the audit report on the standalone and consolidated financial

results for the year ended March 31 2020 - Regulation 33 (3) (d) of the Securities and ExchangeBoard of India (listing Obligation and Disclosure Requirements) Regulations 2015

-

1 Name of Company Shentracon Chemicals Limited

--

2 Standalone Annual Financial s i March 2020Statement for the year ended

3 Statutory Auditors J Khemani amp Co

4 Type of Auditor observation Un Modified Report

--

5 Signed by

-nemracon Chemicals LW

Sanjay Sureka KDirector

-

Place Kolkata

Date 31072020

WORKS AT - BAMUNARY OPP ( JORA HOTEL) DANKUNI DIST HOOGHLY (w BENGAL)

Page 4: Shentracon Chemicals Limited

SHENTRACON CHEMICALS LTDReg Office6AKiran Shankar Roy RoadKolkata-700 001

CIN L24299WB1993LC059499

rei No+91 33 224897319438Fax +91 33 2248400Emailinvestorshentraconcom Web httpwwwshentraconcom

STATEMENT OF ASSETSAND LIABILITIES FOR THE YEAR ENDED 31st March 2020

(Rsin Lakbs)

ParticularsAs at 31 st March As at 31 st March2020 (Audited) 2019 (Audited)

( Standalone ) ( Standalone )

ASSETS

(1) Non-Current Assets

(a) Property Plant amp Equipment 13187

(b) Capital work-in-progress

(c) Other intangible assets

(d) Financials assets

(i) Investments

(ii)Other financiat assets

(e) Current tax assets (net)

(f) Other non-current assets 20275

Sub-total -Non current assets 33462

(2) Current Assets

(a) Inventories 7015

(b) Finacial assets

(i) Trade receivables

(ii) Cash amp cash equivalents 16262 740

(iii)Other Bank Balances

(iv)Loans 003 064

(v) Other financiat assets

(c) Current tax assets (net) 430

(d) Other current assets

Sub-total -Current assets 16695 7819

TOTAL -ASSETS 16695 41281

EQUITY AND L1ABILTIES

(1) Equity

(a) Equity Share Capital 44382 44382

(b) Other Equity (57377) (55805)

(2) Non-current liabilities

(a) Financial liabilities

(i) Borrowings 27237 27237

(ii) Other financial liabilities 21558

(b) Provisions

(c) Deferred tax liabilities (net)

(d) Other non-current liabilities

Sub-total -Non Current Liabilities 14242 37372

(3) Current liabilities

(a) Financial liabilities

(i) Borrowings 802 3546

(ii) Trade Payables 201 201

(iii) Other financial liabilities

(b) Provisions

(c) Current tax Iiabilities(net)

(d) Other Current liabilities 1450 162

Sub-total -Current Liabilities 2453 3909

TOTAL EQUITY AND LIABILITIES 16695 412_81

Place KolkataDate 31st July 2020

Director

By Order of the ~erd t~Uen racon Chemicals Ltae-Drrector

Shentracon Chemicals LimitedCINl24299WB1993PlCOS9449

Cash Flow Statement for the year ended 31st March 2020

For the year ended For the year31st March 2020 ended 31st

A CASHFlOW FROM OPERATING ACTIVITIESProfit amp (Loss) before Taxation and Exceptional items (1571) (2307)Adjustment forNet Prior Year Adjustments - -

Loss on Sale Discard of Assets (net) (32061) -

Depreciation and Amortisation Expense 191 191Transferred from Revaluation Reserve - -

Effect of Exchange Rate Change - -

Net gain on Sale of Investments - -Finance Costs 250 222

(31620) 413Operating Profit before working capital changes (33191) (1894)Trade and Other Receivables - 442

Inventories 7015 -

Trade and Other Payables (1287) 4318302 011

CashGenerated from Operations 24889 1883Direct Tax paid (net of refund) (430) -

Net Cash from Operating Activities (25319) (1883)

B CASHFlOW FROM INVESTING ACTIVITIESPurchase of Fixed Assets - -

Sale of Fixed Assets Transfer of Participating Interest 45058 -

Advance for Transfer of Participating Interest - -Purchase of Investments - -

Sale of Investments - -

Sale of disposed assets 20275 -

Movement in Loans and Advances 061 001Interest Income - -

Dividend Income - -

Net Cash froml used in Investing Activities 65394 001

C CASHFlOW FROM FINANCING ACTIVITIESProceeds from Long Term Borrowings (21558) -

Short Term Borrowings (net) (2745) 1235Interest Paid (250) (222)Net Cash (used in) I from Financing Activities (24553) 1013Net Increasedecrease in Cash and Cash Equivalents 15522 869Opening Balance of Cash and Cash Equivalents 740 1609Cash and cash equivalent (Note 6)Closing Balance of Cash and Cash Equivalents 16262 740Cash and cash equivalent (Note 6)

NotesThe financial results of the Company have been prepared in accordance with Indian Accounting Standards (Ind AS) notified under theCompanies (Indian Accounting Standards) Rules 2015 as amended by the Companies (Indian Accounting Standards) (Amendment)Rules 2016

2 The above results have been duely reviewed by the audit committee of the Board and taken on records at the meeting of the Board ofDirector held on 31st July 2020

3 A Limited Review of the Audited financial results for the quarter and year to date ended March 31 2020 has been carried out by theStatutory auditor of the Company Ms J Khemani amp Co

4 Previous Quarterl years figures have been re-arrangedre-grouped wherever necessary

5 In accordance with Accounting Standard 17 - Segment Reportingmiddot issued by the Institute of Chartered Accountants of India is notapplicable as the Company has only one business segment l e manufactunng and selling of chemical products There are no otherprimary reportable segments The major and material activities of the company are restricted to only one geographical segment ieIndia hence the secondary segment disclosures are also not applicable

6 The above results is as per Regulation 33 of the SEBI (Listing obligations amp Disclosure Requirements) Regulations 2015

7 The CEO and CFO certificate in respect of the above result in terms of the SEBI (Listing Obligations amp Disclosure Requirements)Regulations 2015 has been placed before the Board of Directors

8 The figure for the quarter ended 31st March 2020 are the balancing figures between the audited financial result for the year ended 31stMarch 2020 and the published financial result for the 9 months ended 31st December 2019

9 During the quarter ended March 312020 the outbreak of the coronavirus disease of 2019 (COVID-19) spread throughout the worldand became a global pandemic Consequent to this on 24th March 2020 the Government of India declared a nationwide lockdownthroughout the country which has impacted the business activities of the Company The Company has been following all the safetyguidelines as suggested by Government alter resumption of lockdownHowever management believes that it has taken into account all the possible impacls known events arising from COVID-19 pandemicand the resultant lockdowns in the preparation of financial resulls including bul not limited to its assessment of companys liquidily andgoing concern recoverable values of trade receivables and other assets The Company cannot fully estimate the accurate fulure impactof COVID-19 on our Operations but we can say that it may affect the future profilabilily and revenue and the management will beensuring thal the business operations are carried out smoothly The above parameters are contingent as it may and may not happen andthe Company will provide regular updates as and when in any situation if any major changes occur

Place KolkataDate 31st July 2020

By Order of the Board

~hentracon Chemicals Ltd

~oDi~ectorirector

selfShentracon Chemicals Limited

REGD OFFICE6A KIRANSHANKARROY ROAD 3~D FLOOR KOLKATA-700001 PHONE 2248-97312248-9538 FAX +91 332248-4000

EMAIL Investorshentraconcom Website wwwshentraconcomCIN L24299WB1993PLC059449

Declaration of Unmodified Opinion in the audit report on the standalone and consolidated financial

results for the year ended March 31 2020 - Regulation 33 (3) (d) of the Securities and ExchangeBoard of India (listing Obligation and Disclosure Requirements) Regulations 2015

-

1 Name of Company Shentracon Chemicals Limited

--

2 Standalone Annual Financial s i March 2020Statement for the year ended

3 Statutory Auditors J Khemani amp Co

4 Type of Auditor observation Un Modified Report

--

5 Signed by

-nemracon Chemicals LW

Sanjay Sureka KDirector

-

Place Kolkata

Date 31072020

WORKS AT - BAMUNARY OPP ( JORA HOTEL) DANKUNI DIST HOOGHLY (w BENGAL)

Page 5: Shentracon Chemicals Limited

Shentracon Chemicals LimitedCINl24299WB1993PlCOS9449

Cash Flow Statement for the year ended 31st March 2020

For the year ended For the year31st March 2020 ended 31st

A CASHFlOW FROM OPERATING ACTIVITIESProfit amp (Loss) before Taxation and Exceptional items (1571) (2307)Adjustment forNet Prior Year Adjustments - -

Loss on Sale Discard of Assets (net) (32061) -

Depreciation and Amortisation Expense 191 191Transferred from Revaluation Reserve - -

Effect of Exchange Rate Change - -

Net gain on Sale of Investments - -Finance Costs 250 222

(31620) 413Operating Profit before working capital changes (33191) (1894)Trade and Other Receivables - 442

Inventories 7015 -

Trade and Other Payables (1287) 4318302 011

CashGenerated from Operations 24889 1883Direct Tax paid (net of refund) (430) -

Net Cash from Operating Activities (25319) (1883)

B CASHFlOW FROM INVESTING ACTIVITIESPurchase of Fixed Assets - -

Sale of Fixed Assets Transfer of Participating Interest 45058 -

Advance for Transfer of Participating Interest - -Purchase of Investments - -

Sale of Investments - -

Sale of disposed assets 20275 -

Movement in Loans and Advances 061 001Interest Income - -

Dividend Income - -

Net Cash froml used in Investing Activities 65394 001

C CASHFlOW FROM FINANCING ACTIVITIESProceeds from Long Term Borrowings (21558) -

Short Term Borrowings (net) (2745) 1235Interest Paid (250) (222)Net Cash (used in) I from Financing Activities (24553) 1013Net Increasedecrease in Cash and Cash Equivalents 15522 869Opening Balance of Cash and Cash Equivalents 740 1609Cash and cash equivalent (Note 6)Closing Balance of Cash and Cash Equivalents 16262 740Cash and cash equivalent (Note 6)

NotesThe financial results of the Company have been prepared in accordance with Indian Accounting Standards (Ind AS) notified under theCompanies (Indian Accounting Standards) Rules 2015 as amended by the Companies (Indian Accounting Standards) (Amendment)Rules 2016

2 The above results have been duely reviewed by the audit committee of the Board and taken on records at the meeting of the Board ofDirector held on 31st July 2020

3 A Limited Review of the Audited financial results for the quarter and year to date ended March 31 2020 has been carried out by theStatutory auditor of the Company Ms J Khemani amp Co

4 Previous Quarterl years figures have been re-arrangedre-grouped wherever necessary

5 In accordance with Accounting Standard 17 - Segment Reportingmiddot issued by the Institute of Chartered Accountants of India is notapplicable as the Company has only one business segment l e manufactunng and selling of chemical products There are no otherprimary reportable segments The major and material activities of the company are restricted to only one geographical segment ieIndia hence the secondary segment disclosures are also not applicable

6 The above results is as per Regulation 33 of the SEBI (Listing obligations amp Disclosure Requirements) Regulations 2015

7 The CEO and CFO certificate in respect of the above result in terms of the SEBI (Listing Obligations amp Disclosure Requirements)Regulations 2015 has been placed before the Board of Directors

8 The figure for the quarter ended 31st March 2020 are the balancing figures between the audited financial result for the year ended 31stMarch 2020 and the published financial result for the 9 months ended 31st December 2019

9 During the quarter ended March 312020 the outbreak of the coronavirus disease of 2019 (COVID-19) spread throughout the worldand became a global pandemic Consequent to this on 24th March 2020 the Government of India declared a nationwide lockdownthroughout the country which has impacted the business activities of the Company The Company has been following all the safetyguidelines as suggested by Government alter resumption of lockdownHowever management believes that it has taken into account all the possible impacls known events arising from COVID-19 pandemicand the resultant lockdowns in the preparation of financial resulls including bul not limited to its assessment of companys liquidily andgoing concern recoverable values of trade receivables and other assets The Company cannot fully estimate the accurate fulure impactof COVID-19 on our Operations but we can say that it may affect the future profilabilily and revenue and the management will beensuring thal the business operations are carried out smoothly The above parameters are contingent as it may and may not happen andthe Company will provide regular updates as and when in any situation if any major changes occur

Place KolkataDate 31st July 2020

By Order of the Board

~hentracon Chemicals Ltd

~oDi~ectorirector

selfShentracon Chemicals Limited

REGD OFFICE6A KIRANSHANKARROY ROAD 3~D FLOOR KOLKATA-700001 PHONE 2248-97312248-9538 FAX +91 332248-4000

EMAIL Investorshentraconcom Website wwwshentraconcomCIN L24299WB1993PLC059449

Declaration of Unmodified Opinion in the audit report on the standalone and consolidated financial

results for the year ended March 31 2020 - Regulation 33 (3) (d) of the Securities and ExchangeBoard of India (listing Obligation and Disclosure Requirements) Regulations 2015

-

1 Name of Company Shentracon Chemicals Limited

--

2 Standalone Annual Financial s i March 2020Statement for the year ended

3 Statutory Auditors J Khemani amp Co

4 Type of Auditor observation Un Modified Report

--

5 Signed by

-nemracon Chemicals LW

Sanjay Sureka KDirector

-

Place Kolkata

Date 31072020

WORKS AT - BAMUNARY OPP ( JORA HOTEL) DANKUNI DIST HOOGHLY (w BENGAL)

Page 6: Shentracon Chemicals Limited

NotesThe financial results of the Company have been prepared in accordance with Indian Accounting Standards (Ind AS) notified under theCompanies (Indian Accounting Standards) Rules 2015 as amended by the Companies (Indian Accounting Standards) (Amendment)Rules 2016

2 The above results have been duely reviewed by the audit committee of the Board and taken on records at the meeting of the Board ofDirector held on 31st July 2020

3 A Limited Review of the Audited financial results for the quarter and year to date ended March 31 2020 has been carried out by theStatutory auditor of the Company Ms J Khemani amp Co

4 Previous Quarterl years figures have been re-arrangedre-grouped wherever necessary

5 In accordance with Accounting Standard 17 - Segment Reportingmiddot issued by the Institute of Chartered Accountants of India is notapplicable as the Company has only one business segment l e manufactunng and selling of chemical products There are no otherprimary reportable segments The major and material activities of the company are restricted to only one geographical segment ieIndia hence the secondary segment disclosures are also not applicable

6 The above results is as per Regulation 33 of the SEBI (Listing obligations amp Disclosure Requirements) Regulations 2015

7 The CEO and CFO certificate in respect of the above result in terms of the SEBI (Listing Obligations amp Disclosure Requirements)Regulations 2015 has been placed before the Board of Directors

8 The figure for the quarter ended 31st March 2020 are the balancing figures between the audited financial result for the year ended 31stMarch 2020 and the published financial result for the 9 months ended 31st December 2019

9 During the quarter ended March 312020 the outbreak of the coronavirus disease of 2019 (COVID-19) spread throughout the worldand became a global pandemic Consequent to this on 24th March 2020 the Government of India declared a nationwide lockdownthroughout the country which has impacted the business activities of the Company The Company has been following all the safetyguidelines as suggested by Government alter resumption of lockdownHowever management believes that it has taken into account all the possible impacls known events arising from COVID-19 pandemicand the resultant lockdowns in the preparation of financial resulls including bul not limited to its assessment of companys liquidily andgoing concern recoverable values of trade receivables and other assets The Company cannot fully estimate the accurate fulure impactof COVID-19 on our Operations but we can say that it may affect the future profilabilily and revenue and the management will beensuring thal the business operations are carried out smoothly The above parameters are contingent as it may and may not happen andthe Company will provide regular updates as and when in any situation if any major changes occur

Place KolkataDate 31st July 2020

By Order of the Board

~hentracon Chemicals Ltd

~oDi~ectorirector

selfShentracon Chemicals Limited

REGD OFFICE6A KIRANSHANKARROY ROAD 3~D FLOOR KOLKATA-700001 PHONE 2248-97312248-9538 FAX +91 332248-4000

EMAIL Investorshentraconcom Website wwwshentraconcomCIN L24299WB1993PLC059449

Declaration of Unmodified Opinion in the audit report on the standalone and consolidated financial

results for the year ended March 31 2020 - Regulation 33 (3) (d) of the Securities and ExchangeBoard of India (listing Obligation and Disclosure Requirements) Regulations 2015

-

1 Name of Company Shentracon Chemicals Limited

--

2 Standalone Annual Financial s i March 2020Statement for the year ended

3 Statutory Auditors J Khemani amp Co

4 Type of Auditor observation Un Modified Report

--

5 Signed by

-nemracon Chemicals LW

Sanjay Sureka KDirector

-

Place Kolkata

Date 31072020

WORKS AT - BAMUNARY OPP ( JORA HOTEL) DANKUNI DIST HOOGHLY (w BENGAL)

Page 7: Shentracon Chemicals Limited

selfShentracon Chemicals Limited

REGD OFFICE6A KIRANSHANKARROY ROAD 3~D FLOOR KOLKATA-700001 PHONE 2248-97312248-9538 FAX +91 332248-4000

EMAIL Investorshentraconcom Website wwwshentraconcomCIN L24299WB1993PLC059449

Declaration of Unmodified Opinion in the audit report on the standalone and consolidated financial

results for the year ended March 31 2020 - Regulation 33 (3) (d) of the Securities and ExchangeBoard of India (listing Obligation and Disclosure Requirements) Regulations 2015

-

1 Name of Company Shentracon Chemicals Limited

--

2 Standalone Annual Financial s i March 2020Statement for the year ended

3 Statutory Auditors J Khemani amp Co

4 Type of Auditor observation Un Modified Report

--

5 Signed by

-nemracon Chemicals LW

Sanjay Sureka KDirector

-

Place Kolkata

Date 31072020

WORKS AT - BAMUNARY OPP ( JORA HOTEL) DANKUNI DIST HOOGHLY (w BENGAL)