- .. - .

~ ~ _

..

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---~

.1

GROWT H

RSE NSE EQU IT Y & DERIV AT IV ES

------

I1'l:M'

SEC URI T IE S LTD .

Enhancing F o rtu n e s . E n rich in g L ive s.

1 ~ .....
.. ""' - -

C URRE~C\'

I
(

DERIVATIV ES. DI'-CDSL

Date: 10.11.2016
National Stock Exchange of India Ltd,
Exchange Plaza, 5t h Floor,
Plot No. en, G Block,
Bandra Kurla Complex,
Bandra (East), Mumbai - 400051

Department of Corporate Services

P. J. Towers, Dalal Street,
Mumbai - 400 001

Script Name: lnventure

Script Code: 533506

SSE Ltd,

MSEI Exchange Ltd.,

lh
4 Floor, Vibgyor Towers,
Plot No C- 62, G Block,
BKC, Bandra (East)
Mumbai - 400 051
Script Name: Jnventure

Ref: Inventure Growth & Securities Limited

Sub: Outcome of Board Meeting held on 101tl November, 2016
Dear Sir,
Pursuant to the requ irements of "Regulation 30 and 33 of the SEBI (Listing Obligations and Disclosure
Requirements), 2015"we hereby submit that th e Board of Directors of the Company at their meeting held on
November, 2016have inter-alia transa ct ed t he following:

io"

Considered and approved the Unaudited Financial Results (Standalone and Consolidated) for the
second quarter and half year ended on so" September 2016 along with statement of Assets and
Liability and Limited Review Report and same are enclosed herewith for your record

"The Meeting of the Board of Directors of the Company commenced at 05:00 p.m. and concluded at 6.45
p.rn.".

SEBI Reg. No. : aSE Cash INB010901730 aSE F&O : INF010901730 aSE CURRENCY DERIVATIVE : INE010901730 NSE CASH : INB230901739
NSE F & 0 : INF230901139 NSE CURRENCY DERIVATIVES : INE230901739 MCX-SX CASH : INB260901732 MCX-SX F & 0 : INE260901732
MCX-SX CURRENCY DERIVATIVE : INE230901730 BSE Clearing No. : 275 NSE Clearing No. : 9017
CDSl DP 10 : 11200 MCX-SX Clearing No. : 32 CIN No.: L65990MH1995PlC089838
Corporate& Reg . Office: Viraj Towers, 20 1, 2nd Fl oor, Near Land Mark ,West ern Express Highway, Andher i (E as t ), Mumba i - 400 093 .

INVENTURE

----

....

I ~ - ......

... 1ofa...._

..

G ROW T H & SEC URI TIE S LTD.

BSE NSE EQ UITY & DERIVATIV ES

Enhancing Fortunes. Enriching Lives.

CURRENCY DERrV i\ T1VES DI'- CDSL

r in Lacs)

STATEMENT OF UNAUDITED CONSOLIDATED FINANCIAL RESULTS FORTHE OUARTERENDED30TH SEPTEMBER 2016

PARTI
Particulars

S.No.

Income from Operations

(a) Income from Operat ions
(b) Other Operating Income

Quarter Ended
30.06.2016
/Unaudited)

30.09.2015
/Unaudited)

Half Year Ended

30.09.2016
30.09.2015
/Unaudited)
/Unauditedl

Year Ended
31.03.2016
/Audited)

S30
622

493
412

492
(448)

1,023
1,034

969
(217)

2,258
(656)

1,152

905

44

2,057

752

1,602

Expenditure
(a) Employee Benefit Expense
(b) Depreciation and Amortisation Expense
(c) Other Expenses

128
24
330

120
24
251

128
25
323

248
48
581

248
52
700

553
103
1,176

Total Expenses

482

395

476

877

1,000

1,832

Total Income
2

30.09.2016
/Unauditedl

"

Profit/[Loss) from Operations before Other Income, Finance Costs

and exceptional Items (12)

670

510

Other Income

101

70

Profit/(Loss) from Ordinary Activities before Finance Costs and

exceptional Items /3+4)

771

sao

(342)

90

102

105

192

Exceptional Items (5-6)

681

478

(447)

1,159

Exceptional Item

Profit/[Loss) from Ordinary Activities before Tax (7-8)

681

478

(447)

1,159

(502)

(667)

10

Tax expense

679

179

21

858

24

(177)

299

(4681

301

(526)

(490)

Finance Cost

(432)
90

1,180

(248)

(230)

171

134

325

1,351

(114)

95

388

585

(502)

(490)

Profit/(Loss) from Ordinary Activities after Finance Costs but before

11 Net Profit/(Lossl from Ordinary Activities after Tax (9101

12

Extraordinary Items (net of tax expense)

13

Net Profit/(Lossl for the period/year [11121

14

Minority Interest

15

Net Prollt/(Loss) from Oridlnary Activllies after tax and Minority

Interest (13-14)

16 Paid-up equity share capital

(Face Value of 10/- per share)

299

(468)

301

(526)

(490)

299

(468)

301

(526)

8,400

8,400

8,400

8,400

8,400

8,400

9459

9122

9,158

0.36
0.36

(0.63)
(0.63)

(0.58)
(0.58)

17 Reserves excluding Revaluation Reserves

18 earnings Per Share (EPS)
(Not Annualised except for the year ended 31.03.2016)
a) Basic EPS
b] Diluted EPS

(177)

0.00
0.00

0.36
0.36

(0.56)
(0.56)

(490)

~-

SEBI Reg. No. : BSE Cash INB010901730 BS E F&O : INF010901730 SSE CURRENCY DERIVATIVE : INE010901730 NSE CASH : INB230901739
NSE F & 0 : INF230901739 NSE CURRENCY DERIVATIVES: INE230901739' MCX-SX CASH : INB260901732 MCX.SX F & 0 : INE260901732
MCXSX CURRENCY DERIVATIVE: INE2309017 30 BSE Clearing No. : 275 NSE Cloaring No . : 9017
CDSL DP ID : 11200 MCX-SX Clearing No. : 32 CIN No .: L65990MH1995PLC089838
Corporate& Reg . Office: Vir aj Towers , 2 01, 2nd F lo o r, Near Land Mark,Western Expres s Highway, Andheri (East), Mumbai _ 400093.
Tel.:39548500,40751515 ' Fax; + 91 2239548510 ' Website: www.inventuregrowlhcom ' E-mail ; tnvestorgrievancies@inventuregrowth .com

t\ - --~~
-

~ .,:~

INVE 'NTURE
,

----

Enhancing Fortunes. Enriching Lives.

. . . . . . . . . . . . .f1IOn

G ROW T H & SEC URI TIE S LTD.

BSE NSE EQU ITY & DERIVATIV ES

C URR E ~ C Y

..* 1.. ......

DERI VATIV ES DP-CDSL

Notes
The Consolidated Results of the Company (Inventure Growth & Securities Ltd) include the results of the following subsidiaries' (al Inventure Commodities Limited (b)

Inventure Finance Private Limited (c) Inventure Wealth Management Limited (d) Inventure Insurance Broking Private Limited (e) Inventure Merchant Banker Services
Private Limited .
The above financial results have been subjected to Limited Review by the Statutory Auditors of the Company and have been reviewed by Audit Committee and
approved by the Board of Directors of the Company at their respective meetings held on 10.11.2016.

For the half year ended 30.09.2015 and for the year ended 31.03.2016 other operating income & Finance cost includes amount of' 171 Lakh received as Interest from
National Stock Exchangeof India Limited pursuant to settlement deed in respect of annulment matter and paid to the concerned client .

The Unudited standalone financial results for the quarter ended September 30, 2016 is available on the company's website www.inventuregrowth.com and on the
stock exchange websites i.e. www.bseindia.com and www.nseindia.com. The key standalone financial information are as under:

r In Lacs)
Quarter Ended

Particulars
Total Income
Profit/ILoss) before Tax
Profit/ILoss} after Tax

5
6
7

Half Year Ended

Year Ended

30.09.2016

30.06.2016

30.09 .2015

30.09.2016

30.09.2015

31.03.2016

(Unaudited)

(Unauditedl

IUnauditedl

IUnauditedl

(Unauditedl

IAuditedl

939
507
342

653
256
159

(111)
(548)
(536

1,592
763
501

380
(592)
(587

734
(1,223)
(854

Exceptional item represents provision for diminution in value of investment of' 177 lacs.
Tax expense includes prov ision for current tax/MAT/deferred tax adjustements/Tax adjustments for earlier years.
The figures for the previous quarters/year have been regrouped / reclassified wherever necessary.
On behalf of the Board of Directors
Inventure Growth &. Securities Limited

Kanji B. Rita
Date : 10 November 2016

DIN - 00727470

Place: Mumbal

Managing Director

SEBI Reg. No. : BSE Cash INB0109017JO BSE F&O : INF0109017JO BSE CURRENCY DERIVAT IVE : INE0109017JO NSE CASH: INB230901739
NSE F & 0 : INF230901739 NSE CURRENCY DERIVATIVES : INE230901739 MCX-SX CASH : INB260901732 MCX-SX F & 0 : INE260901732
MCX-SX CURRENCY DERIVATIVE: INE230901730 SSE Clea ring No . : 275 NSE Clearing No . : 9017
CDSL DP ID : 11200 MCX-SX Clearing No . : 32 CIN No .: L65990MH1995PLC089838

Corporate& Reg. Office: Viraj Towers , 201, 2nd Floor, Near Land Mar k,West ern Exp ress Highway, Andheri (East), Mumba i 400 093.
Tel.:39548500.40751515 Fax: + 912239548510 Website : www.inventuregrowth .com Email : mvestorgrievancies@inventureg rowth .com

INVENTURE

-----

...

G ROW T H & SEC URI TIE S LTD.

13SE NSE EQU ITY & D ERlVATl V ES

Enhancing Fortunes. Enriching L ives.

C URR E NCY D ERI V A TI V ES DP-CDSL

STATEMENT OFASSETS AND LIABILITIES (CONSOLIDATED)

Paniculars

S.No.
A.
1

In Lacs)
As at
31.03.2016
IAudlted)

As at
30.09.2016
(Unaudited)

EqUITY AND LIABILITIES

Shareholder's Fund
(a) Share Capital
(b) Reserves & Surplus
Sub total - Shareholder's Fund

8,400
9,459
17,859

8,400
9,158
17,558

Minority Interest

Non-Current Liabilities
(a) Long-Term Borrow ings
(b) Deferred Tax Liabilities (Net)
(c) Long-Term Provisions
Sub total - Non-Current Liabilities

18
470
488

Current Liabilities
(a) Shan -Term borrowings
(b) Trade Payables
(c) Other Current Liabilities.
(d) Short-Term Provisions
Sub total - Current liabilities
Total Equity and LIabilities

B.
1

20
173
538
731

"

3,270
2,245
1,899
251
7,665

3,103
1,794
1,247
22
6,166

26,012

24,455

929
149
1,748
87
610
200

ASSETS
Non-Current Assets
(a) Fixed Assets
(b) Goodwill on Consolidat ion
(c) Non-Current Investments
(d) Deferred Tax Asset (Net)
(e) Long-Term Loans and Advances
(f) Other Non-Current assets
Sub total - Non-Current Assets

3,723

961
149
1,358
544
1,713
1,680
6,405

Current Assets
(a) Inventories
(b) Trade Receivables
(c) Cashand Cash Equivalents
(d) Other bank balances
(e) Short-Term Loans and Advances
(f) Other Current Assets
Sub total - Current Assets

442
6,039
310
6,542
8,866
90
22,289

534
4,285
234
4,639
8,301
57
18,050

Total Assets

26,012

24,45S

On behalf of the Board of Directors

Inventure Growth & Securities Limited

Date : 10 November 2016

K'"ji .

Place: Mumbai

DIN - 00727470

Managing Director

--SEBI Reg. No. : BSE Cash INB010901730 B SE F&O : INF010901730 BSE CUR RENCY DERIVATIVE : INE 010901730 NSE CASH : INB230901739
NSE F & 0: INF230901739 NSE CURRENCY DERIVATIVES : IN E230901739 MCX-SX CA SH : INB260901732 MCX -SX F & 0 : IN E260901732
MCX-SX CURRENCY DERIVATIVE : INE230901730 SSE Clearing No . : 275 NSE Cle aring No . : 9017
CDSL DP ID : 11200 MCX-SX Clearing No. : 32 CIN No .: L65990MH1995PLC089838
Corporate& Reg . Office: V iraj Towers, 201 , 2nd F loor, Near Land M ark , W e st ern E xp ress H i ghway, Andh eri (East) , Mumbai - 400 093.

Tel.: 39548500,40751515 Fax : + 912239548510 Website: www.inventuregrowlh.com '

Email : Inveslorgrievancies@invenluregrowth .com

INVENTURE
.....
G ROW T H &
BSE NSE EQU IT Y & DERIVATIV ES

-----

SEC URI TIE S LTD.

CURRE l'iCY DERIVATIVES DI'CDSL

Enhancing Fortunes. Enriching Lives.

UNAUDITEDCONSOLIDATED SEGMENT RESULTS FORTHEQUARTER ENDED 30TH SEPTEMBER 2016

Particulars
1 Segment Revenue
a) Equity/Commodity Broking & Other
related activities
b) Financing & Other related activities
c) Others
Total
Less: Inter Segment Revenue
Income form Operations, Other Opertaing

Quarter Ended

Half Year Ended

30.09.2016

30.06.2016

995

655

(66)

258

320

200

30.09.2015

30.09.2016

1,650

470

880

578

416

1,046

1,253

975

134

1,253
975
Income & Other Income
2 segment Results: Profit before tax and interest from Each segment
a) Equity/Commodity Broking & Other
546
285
related activit ies

30.09.2015

In lacs)
Year Ended
31.03.2016

2,228

886

1,926

134

2.228

(480)

831

(275)

(848)

83

425

54

557

886

1,926

b) Financing & Other related activities

177

c] Others

723
42

533
55

(397)
50

1,256
97

(221)
281

(291)
376

681

478

(447)

1,159

(502)

(667)

a) Equity/Commodity Braking & Other

related activities

10,682

10,355

10,499

10,682

10,499

10,221

b) Financing & Other related activities

7,177

7,503

7,023

7,177

7,023

7,337

17,859

17,522

17,558

Total
Less: Interest
Profit/ILoss)from Ordinary Activities
before tax
3 Capital Employed
(segment Assets - segment Liabilities)

c) Others
Total

17,859

248

17,858

17,522

Note : The Group's operations predominantly relate to Equity Broking, Commodity Braking, Financing and other related activities. In accordance with
Accounting Standard 17 on segment reporting and Company (Accounting Standards) Rules, 2006, the Company has (i) Equity/Commodity
Braking and Other related activities (ii) Financing and Other related activitiesasreportable segments.
On Behalf of the Board of Directors
Inventure Growth & Securities Limited

Date : 10 November2016
Place : Mumbal

h"JI~

DIN - 00727470
Managing Director

SEBI Reg. No. : BSE Cash INB010901730 BSE F&O : INF010901730 BSE CURRENCY DERIVATIVE : IN E010901730 NSE CASH : INB230901739
NSE F & 0 : IN F2309017 39 NSE CURRENCY DERIVATIVES : INE230901739 MCX-SX CASH : INB260901732 MCX-SX F & 0 : INE260901732
MCX-SX CURRENCY DERIVATIVE : INE230901730 BSE Clearing No. : 275 NS E Clearing No. : 9017
CDSL DP ID : 11200 MCX-SX Clearing No. : 32 CIN No. : L65990MH1995PLC089838

Corporate& Reg . Office : Viraj Towers , 201 , 2nd Floor, Near Land Mark ,We stern Express Highway, Andheri (Ea st), Mumbai - 400093 .
Tel. : 3954 8500,40751515 Fax : + 91 223954851 0 Website : www.invenluregrowlh.com E-mail : mvestorgrievancles@invenluregrowthcom

INVENTURE

--

G ROW T H & SEC URI TIE S LTD.

BSE NSE EQU ITY & DERIVATIV ES

Enhancing Fortunes. Enriching Lives.

C URRE i'iCY DERIVATIVES OP-COSL

STATEMENT OF UNAUDITED STANDALONE FINANCIAL RESULTS FORruE OUARTER ENDED 30ru SEPTEMBER. 2016

r In Lacs)

PART I

S.No.
1

-3

--

Particulars

Income from Operations

(a) Income from Operations
b) Other OperatinR Income
Total Income
expenditure
(a] Employee Benefit Expense
(b) Depreciation and Amortisati on Expense
cl Other Expenses
Total Expenses
Profit/(Loss) from Operations before Other Income,
Finance Costs and exceptional Items (1-2)

Other Income

Profit/(Loss) from Ordinary Activities before Finance

Costs and exceptional Items (3+4)

30.09.2016
(Unaudltedl

Quarter Ended
30.06.2016
(UnauditedI

30.09.2015
'Unaudltedl

Han Vear Ended

30.09.2016
30.09.2015
(Unaudited) (Unaudited)

305
558
863

227
357
584

270
14691
(1991

113
21
267
401

104
20
232
356

111
22
262
395

217
41
499
757

214
47
451
712

532
915
IM7

10471

228

(5941

690

(463)

76

69

88

145

131

320

538

297

(506)

835

(332)

(737)

260

335

(1,057)

12

Profit/lLoss) from Ordinary Activities aft"r Finance

Costs but before exceptional Items (5-6)

507

256

(548)

763

Exceptional Item

Profit/(L;lss) from Ordinary Activities before Tax (7-+8)

507

256

(548)

763

(592)

165

97

(121

262

(5

10 Tax exnense

475
93
903

,..-,.

462

42

1,134
(nO
414

41

Finance Cost

31.03.2016
(Audited)

523
(274'
249

31

Ve.r Ended

(592)

(1,072)

(151)
(1,223)
(369
'."\

11 Net Profit/ILoss) from Ordinary Activities after Tax (9

10)

342

159

(536)

501

(587)

(8541
"

12 Extraordinary Items
13 Net Profit/ILossl for the perlod/vear (1112\
14 Paid -up Equitv Share capital
(Face Value 0(.10/ each)

342

159

/536

501

8,400

8,400

8,400

8,400

8,400

8,400

6,891

6,657

6,390

(0.70)
(0.70)

(1.02)
(1.02)

15 Reserves excluding Revaluation Reserves

15871

1854

16 Earnings Per Share (EP5)

(Not Annualised except for the year ended 31 .03.2016)

(a) Basic
(b) Diluted

0.41
0.41

0.19
0 .19

(0.64)
(0.64)

0.60
0.60

SEBI Reg. No. : BSE Cash INB010901730 BSE F&O : INF010901730 BSE CURRENCY DERIVATIVE : INE010901730 NSE CASH : INB230901739
NSE F & 0 : INF230901739 NSE CURRENCY DER IVATIVES: INE230901739 MCX-SX CASH : INB260901732 MCX .SX F & 0 : INE260901732
MCX-SX CURRENCY DERIVATIVE: INE230901730 SSE Clearing No . : 275 NSE Clearing No . : 9017
CDSL DP 10 : 11200 MCX-SX Clearing No . : 32 CIN No ,: L65990MH1995PLC089838

Corporate& Reg, Office : Viraj Towers, 201 , 2nd Floor, Near La nd Mark ,Western Express Highway, Andh eri (Ea st), Mumbai - 400 093.
Tel.: 39548500,4075151 5 Fax: + 912239548510 Website :www.inventuregrowth com Email: mvestorgrievancles@inventuregrowlh com

_ .- - - - - - -"------ - - - - - - - -

f.::-l

INVENTURE

#'

,
II

Enhancing Fortunes. Enriching Lives.

I~~ , I~

G ROW T H & SEC URI TIE S LTD.

3SE NSE EQUITY & DERIVATIVES

'

.....,.

~~

CURRENCY DERIVATIVES DP-CDSL

Notes
1 The above financial results have been subjected to Limited Review by the Statutory Auditors of the Company
and have been reviewed by Audit Committee and approved by the Board of Directors of the Company at their
respective meetings held on 10.11.2016.
2 For the half year ended 30.09.2015 and for the year ended 31.03.2016 other operating income & Finance
cost includes amount of' 171 Lakh received as Interest from National Stock Exchange of India Limited pursuant
to settlement deed in respect of annulment matter and paid to the concerned client.
3

Exceptional item represents provision for diminution in value of investment of 151 lacs.

4 Tax expense includes provision for current tax/MAT/deferred tax adjustments.

5 The figures for the previous quarters/year have been regrouped / reclassified wherever necessary.

On behalf of the Board of Directors

Inventure Growth & Securities Limited

Date : 10 November 2016

Place: Mumbai

Kanji B. Rita

DIN - 00727470

Managing Director

SEBI Reg. No. : BSE Cash INB010901730 BSE F&O : INF010901730 BSE CURRENCY DERIVATIVE : INE010901730 NSE CASH : INB230901739
NSE F & 0 : INF230901739 NSE CURRENCY DERIVATIVES : INE230901739 MCX-SX CASH: INB260901732 MCX-SX F & 0 : INE260901732
MCX-SX CURRENCY DERIVATIVE : INE230901730 SSE Clearing No . : 275 NSE Clearing No . : 9017
CDSL DP 10 : 11200 MCX-SX Clearing No . : 32 CIN No. : L65990MH1995PLC089838

Corporate& Reg. Office: Viraj Towers , 201, 2nd Floor, Near Land Mark,Western Express Highway, Andheri (East) , Mumbai - 400 093.
Tel.:39548500,40751515 Fax : + 912239548510 Website: www.inventuregrowlh.com E-mail : Investorgrievancies@inventuregrowlh.com

~~~

II " :~
I
..... _..

INVE 'NTURE
#

. . . . . . . . . . . . . .fOn

----

Enhancing Fortunes. Enriching Lives.

CURRE NCY DERIV ATIV ES DP-CnSL

STATEMENT OFASSETS AND LIABILITIES (STANDALONE)

Particulars

S. No.
A.
1

EQUITY AND LIABILITIES

Shareholder's Fund
(a) Share Capital
(b) Reserves & Surplus
Sub total- Shareholder's Fund
Non-current Liabilities
(a) Deferred Tax Liabilities (Net)
(b) Long-Term Provisions
Sub total - Non-current Liabilities
Current liabilities
(a) Short-Term borrowings
(b) Trade Payables
(c) Other Current Liabilities
(d) Short-Term Provisions
Sub total - Current Liabilities
Total Equity and Liabilities

B.
1

,.~,

G ROW T H & SEC URI TIE S LTD.

BSE NSE EQU ITY & D ERIVATIV ES

r in Lacs)
As at 30.09.2016

As at 31.03.2016

(Unaudited)

(Audited)

8,400
6,891
15,291

61
35
96

439
2,187
1,747

8,400
6,390
14,790

35
3S

..

4,377

900
1,726
1,177
4
3,807

19,764

18,632

ASSETS
Non-current Assets
(a) Fixed assets
(b) Non-Current Investments
(c) Deferred Tax Assets (Net)
(d) Long-Term Loans and Advances
(e) Other Non-Current Assets
Sub total - Non-current Assets

620
200
8,334

6,658
201
1,567
1,680
10,989

Current Assets
(a) Inventories
(b) Trade Receivables
(e) Cash and Cash Equivalents
(d) Other Bank Balances
(e) Short-Term Loans and Advances
(f) Other Current Assets
Sub total - Current Assets

190
5,832
271
4,931
126
80
11,430

14
4,166
169
3,093
154
47
7,643

Total Assets

19,764

18,632

856
6,658

883

On behalf of the Board of Directors

Inventure Growth & Securities Limited

\<.t"b - f(, ~

Date: 10 November 2016

Place: Mumbai

KanjiB.Ri~
DIN - 00727470
Managing Director

SEB I Reg. No. : BSE Cash INB010901730 SSE F&O : INF010901730 SSE CURRENCY DERIVATIVE: INE010901730 NSE CASH: INS230901739
NSE F & a : INF230901739 NSE CURRENCY DERIVATIVES : INE230901739 MCX-SX CASH : INS260901732 MCXSX F & 0 : INE260901732
MCX-SX CURRENCY DERIVATIVE: INE230901730 SSE Clearing No. : 275 NSE Clearing No. : 9017
CDSL DP 10: 11200 MCX-SX Clearing No. : 32 CIN No.: L65990MH1995PLC089838
Corporate& Reg . Office: Viraj Towers. 201, 2nd Floor, Near Land Mark ,Western Expres s Highway, Andheri (East) , Mumbai - 400093 .
Tel.: 39548500,40751515 Fax: t 91 223954851 0 Website :www.inventuregrowth.com E-mail :IOveslorgrievancies@loventuregrowlh.com

PHD

Paresh Vakharia
Hetan Patel
Deepak Thakkar
Dhiren Vakharia
Pinang Shah

& Associates

Chartered Accountants

LIMITED REVIEW REPORT

To,
The Board of Directors
Inventure Growth & Securities Limited

We have reviewed the accompanying statement of Unaudited Standalone Financial

Results of Inventure Growth & Securities Limited for the quarter ended
30 September 2016, prepared by the Company pursuant to requirement of
Regula tion 33 of the SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015. This

Statement is the

responsibility of the Company's

Management and has been approved by the Board of Directors at its meeting held on
10 November 2016. Our responsibility is to issue a report on these financial
statements based on our review.

We conducted our review in accordance with the Standard on Review Engagem ent
(SRE) 2410 'Review of Interim Financial Information Performed by the Independ ent
Auditor of the Entity' issued by the Institu te 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 ha s come to our attention that
causes us to believe that the accompanying statement of unaudited standalone
ncial results prepared in accordance with the accounting standards and other

Radha Chambers, Level 3, Telli Park Lane , Andheri East, Mumbai 400 069, India .
Tel.: (+91 22) 2682 0083 I Fax: (+9 1 22) 2683 0824 I Email: phd@phd-ca .com
Website : www.phd-ca .com

recognized accounting practices and policies has not disclosed the information
required to be disclosed in terms of Regulation 33 of the SEBI (Listing Obli gations
and Disclosure Requirem ents) Regulations, 2015 including the manner in which it is
to be disclosed, or that it contains any material misstatement.

For PHD & Associates

Chartered Accountants
Firm Registration No. 111236W
::::::--'

::t:::::J

Dhiren Vakharia

Partner
Members hip No.: 46115
Place: Mumbai
Date: 10 love rnber 2016

'.

Jo,

PHD

Paresh Vakharia
Hetan Patel
Deepak Thakkar
Dhiren Vakharia
Pinang Shah

& Associates

Chartered Accountants

LIMITED REVIEW REPORT

To,
The Board of Directors
Inventure Growth & Securities Limited

We have reviewed the accompanying statement of Unaudited Consolidated

Financial Results of Inventure Growth & Securities Limited for the quarter
ended 30 September 2016, pr epared by the Company pursuant to requirement of
Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015. This Statement is the responsibility of the Company's
Management and has been approved by the Board of Directors at its meeting held on
10 November 2016. Our responsibility is to issue a report on these financial
statements based on our review .

We conducted our review in accordance with the Standard on Revi ew Engagement

(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 standalone
results prepared in accordance with the accounting standards and other

Radha Chambers, Level 3, Telli Park Lane , Andhe ri East. Mumbai 400 069 , India.
Tel.: (+91 22) 2682 0083 I Fax: (+91 22) 2683 0824 I Email: phd@phd-ca.com
Website : www.phd-ca .com

recognized accounting practices and policies has not disclosed the information
required to be disclosed in terms of Regulation 33 of the SEBI (Listing Obligations
and Disclosure Requirements) Regulations, 2015 including the manner in which it is
to be disclosed, or that it contains any material misstatement.

For PHD & Associates

Chartered Accountants
Firm Registration No . 111236W

Dhiren Vakharia

Partner
Membership No.: 46115
Place: Mumbai
Date : 10 November 2016

'.

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