BSLLtd. REGO. OFFICE : 26, Industrial Area,

Gandhi Nagar, BHILWARA - 311 001 (Rajasthan) INDIA

Tel. : (91-1482) 249101,(2 Lines) 245000 Ill PROUD TO BE INDIAN

PRIVILEGED TO BE GLOBAL E-mail : accounts@bslsuitings.com, Website: www.bslltd.com

C.I.N.: L24302RJ1970PLC002266SUITINGS

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REF: BSL/CS/2019-20/

Dated: I 0th

February, 2020

National Stock Exchange oflndia Ltd Listing Department Exchange Plaza Sandra Kurla Complex Bandra (E) Mumbai- 400 051 NSE Svmbol: BSL

BSE Ltd Department of Corporate Services 25th Floor, Phiroze Jeejeebhoy Towers Dalal Street Kala Ghoda, Fort, Mumbai, Maharashtra 400 001 BSE Scrip Code: 514045

Subject: Outcome of Board Meeting held on 10th February, 2020, pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

Dear Sir/Ma'am,

Pursuant to Regulation 30 & 33 of the SEBI (Listing Obligations and Disclosure Requirements)

Regulations, 2015, this is to inform that the Board of Directors of the Company, at its Meeting held today,

i.e., on Monday, I 0th February, 2020 at Board Room, Mandawa, Shikhar, 151, Sarat Bose Road, Kolkata-

700026, inter alia, has approved the following:

1. The un-audited Financial Results of the Company for the Quarter and Nine Months ended 31st

- December, 2019 alongwith the Limited Review Report issued by the Statutory Auditors' thereon.(Annexure-A).

2. Appointment of Shri Jagdish Chandra Laddha (DIN: 00118527) as an Additional Director (Non­

executive, Independent) with effect from 10th February, 2020 to hold the office till the conclusion of

the ensuing Annual General Meeting of the Company.

A brief profile of Shri Jagdish Chandra Laddha is attached as Annexure-B.

Shri Jagdish Chandra Laddha is not related to any of the Director or Key Managerial Personnel of the

Company.

The meeting of the Board of Directors commenced at 12.00 P.M. and concluded at 2.30 P.M.

You are requested to take above information on record. Thanld:ng you,

ACS-43134 Enc: a/a

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SSMS & Associates 16, BASEMENT

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CHARTERED ACCOUNTANTS

To,

The Board of Directors,

BSLLIMITED

LIMITED REVIEW REPORT

HEERA PANNA MARKET PUR ROAD, BHILWARA- 311001 E-mail : ssms2405@gmail.com

We have reviewed the accompanying statement of unaudited financial results of BSL Limited ("the company") for the quarter ended 31st December, 2019 and year to date from I st April, 2019 to 31st

December, 2019 (the "statement"), attached herewith, being submitted by the company pursuant to the requirements of Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('the regulation') as amended, read with SEBI Circular No. CIR/CFD/CMD l /80/2019 dated 19th

July, 2019 ('the Circular') and amendment thereto.

This Statement, which is the responsibility of the Company's Management and approved by the Company's Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34 "Interim Financial Repo11ing" ("Ind AS 34"), prescribed under Section 133 of the Companies Act, 2013, and rules thereunder, requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 20 I 5, and other accounting principles generally accepted in India. Our responsibility is to express a conclusion on the Statement based on our review.

We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 2410 "Review of Interim Financial Information Performed by the Independent Auditor of the Entity", issued by the Institute of Chartered Accountants of India. This standard requires that we plan and perform the review to obtain moderate assurance as to whether the financial statements are free of material misstatement. A review is limited primarily to inquiries of company personnel and analytical procedures applied to financial data and thus provide less assurance than an audit. We have not performed an audit and accordingly, we do not express an audit opinion.

Based on our review conducted as above, nothing has come to our attention that causes us to believe that the accompanying statement of unaudited financial results prepared in accordance with the recognition and measurement principles laid down in the aforesaid Indian Accounting Standard (Ind AS) prescribed under section 133 of the Companies Act, 2013 read with relevant rules issued thereunder and other accounting principles generally accepted in India, has not disclosed the information required to be dfsclosed in terms of the Regulation, read with the Circular, including the manner in which it is to be disclosed, or that it contains any material misstatement.

' Place: Kolkata (W.B.) Date: 10.02.2020

For SSMS and Associates Chartered Accountants Firm Reg. o. 019351 C

(Satish Somani) Partner

M. No. 0762-11UDIN: J O't)JE,1 .. 1-1/ AA..l:laa.?53 2..�

Annexure-A

BSLLIMITED

CIN: L24302RJ l 970PLC002266, Website: ,,vww.bslltd.com Regel. Office: 26, Industrial Area, Gandhi Nagar, Bhilwara (Raj.) 311 00 I

Tel. : (91-1482) 246801,245000, Email: accounts@bslsuitings.com

SEGI\IENTWJSE REVENUE, RESULTS, ASSETS AND LIAillLITIES FOR TIIE QUARTER A:'IID NINE MONTHS 31STOECEl\'IBER,2019

( �In Lac)

Sr. No. Particulars Quarter Ended Nine Month Ended Year EndedUnaudited Audited

31.12.20 I 9 30,09,2019 3Ll2.2018 31.12.20 I 9 31.12,2018 31.03.20 I 9

I Segment Revenue al Textile ()()45 11742 10985 31470 34502 43618 b) Wind Power 37 74 17 167 189 205 Total 9982 11816 11002 31637 34691 43823 Less Inter Segmenl Revenue 22 30 7 76 91 92 Net Sales/ Income from Operations 9960 11786 10995 31S61 34600 41731

2 Segnient Results Profit /(Loss) before Taxand interest from each segmenta) Textile 607 647 507 1569 1497 1866 b) Wind Power (26) 22 (36) (6) 28 -Total 581 669 471 1563 1525 1866 Les>s.

n) lnlerest 483 460 444 1,395 1,323 1,750 b) O1hcr un-allocable expenditure net of - - - - - -

unallocable incomeTotal Profit/ (Loss) before tax 98 209 27 168 202 116

3 Segment Assetsa) Textile 31059 32212 32383 31059 32383 30974 bl Wind Power 1127 1206 1218 I 127 1218 1190 fotal Assets 32186 33418 33601 32186 33601 32164

4 Segment L1ab1l111es.i) Textile 7864 8799 8362 7864 8362 6894 b) Wind Power 48 23 8 48 8 -Total Liabilities 7912 8822 8370 7912 8370 6894

Notes:-

I The financial statemems of the Company have been prepared in accordance with Indian Accounting Standards (Ind AS) notified under the Companies (Indian Accounting Standrds) Rules, 2015 as amended from time to time,

2 The auditors have conducted limned review of the financial results for the quaner and nine months ended 31st December, 2019.The above financial results w�re reviewed by the Audit Committee and thereafter were taken on record by the Board of Directors at their meeting held on I 0th February, 2020 at Kolkata (W.B,)3. The figures of the previous year/ quarter have been regrouped/ recast wherever necessary, 4 There are no qualifications in the limited review report issued for the quarter ended 31st December 2019.

Place: Kolkata (W.13.) By order of the Boa, dDate: 10th Fcl>ruary, 2020

Q� For BS L Lim i tccl

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CMAIR�IAN S, �IAN,\GING t>I RECTOR

DIN: 00001718

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Annexure-B

Brief Profile and other details as per SEBI Circular CIR/CFD/CMD/4/2015 dated

9th September 2015 relating to Appointment of Directors:

Shri Jagdish Chandra Laddha (DIN: 00118527):

Disclosure Requirements

Reason for Change

Date & term of Appointment

Brief Profile

Disclosure of relationships between Directors

Details

Appointment as an Additional Independent Director

Appointment of Shri J agdish Chandra Laddha as an Additional Director (Non-Executive & Independent) on the Board of the Company w.e.f. 10/02/2020 to hold office till the conclusion of the next Annual General Meeting and subject to the approval of the members in the ensuing General Meeting, for appointment as an Independent Director to hold office for a term upto five consecutive years from the date of ensuing General Meeting.

He 1s a fellow Chartered Accountants, having a rich experience of 44 years in Textiles. In last 42 years he worked on different positions in RSWM. He was Executive Director on RSWM Board since 1990 and retired on 31

st

March 2015. He had been Director in other LNJ group companies like Bhilwara Spinners Ltd., BPL and BMDL for many years. Currently he is on the board of Sudiva Spinners Private Limited and Lagnam Spintex Limited.

Not related to any of the Directors of the Company.