Lovable NEWYORK=MILAN =TOKYO-SYONEY Date: February 14, 2017 To, National Stock Exchange of India Ltd, BSE Ltd., Exchange Plaza, Sth Floor, Market Operations Dept. Plot No. C/I, G Block, P. J. Towers, Bandra Kurla Complex, Dalal Street, Bandra (East), Mumbai - 400 001 ‘Mumbai ~ 400 051 Tel: 022-22721233/4 Fax No.: 022-26598237/38/26598347 Fax No 022-22723121 Dear Sir! Madam, Sub: Outcome of the Board meeting held on 14" February, 2017 ‘This is further to the Company's letter dated 4th February, 2017, intimating the date of Board Meeting for consideration of Unaudited financial results for the third quarter and nine-months ended 31" December, 2016. Pursuant to Regulation 30 read with Regulation 33 & other applicable regulations of the ies and Exchange Board of India (“SEBI”) (Listing Obligations and Disclosures Requirements) Regulations, 2015, we would like to inform you that the Board of Directors in their meeting held today i.e. Tuesday, February 14" 2017 have inter-alia: (i) considered and approved the Un-audited financial results of the Company & Limited Review Report by the Auditors for the third Quarter and nine-months ended on December 31, 2016. (ii) considered and approved that the Company will invest in the E-commerce channel for distributing directly to consumers by investing in a new entity. Attached herewith a copy of the Unaudited financial results along with the Limited review report of auditors thereon for the third quarter and nine-months ended 31% December, 2016. LOVABLE LINGERIE LTD. Regd. Office: A-46, Road No.2, Opp. IDBI Bank, M.L.D.C., Andheri (E), Mumbai - 400 093. INDIA Tel.: 022-2838 3581 Telefax : 022-2838 3582 Esmail: website : wwrw.lovableindia.in + CIN No.: L17110MH1987PLCO44835 wrpoucteoettendin’foe.e)-) NEWYORK *MILAN = TOKYO=SYONEY We are arranging to publish the financial results in the newspapers as per the relevant regulations The Board meeting commenced at 44-30a.m. and concluded at 2-35. p.m. ‘You are requested to take the above information on your record. ‘Thanking you, Yours faithfully, For Lovable Lingerie Limited L Vinay Reddy Chairman and Managing (DIN: 00202619) Enel: 1. Unaudited Financial Results for the third quarter and nine-months ended December 31, 2016. 2. Limited Review Report LOVABLE LINGERIE LTD. Regd, Office: A-46, Road No.2, Opp. IDBI Bank, M..D.C., Andheri (E), Mumbai - 400 093. INDIA Tel.: 022-2838 3581 Telefax : 022-2838 3582 Email: + website: www.lovableindia.in + CIN No. L17110MH1987PLCO44835Lovable NEW YORK =MILAN = TOKYO» SYDNEY ‘Statement of Standalone Unaudited Financial Res Nine months ended 3/122016 (Rs aks) se Petar nasa | nate [Wnssste)| Wastes) | wdied) | aus 1 Ylsome rom Opera {a et setae tm opens tsse46] ssoime] awoas] reas} rgcirio] —sgessas fot etecie dy) (0) ee opeing ioe “il 2 : “ana tl acm fom operations (ot) sonas| smen[ wos] sauna | room| iaoreas forces ona ssi] taniso/ aves] arasie] auras] amar (0) Pune of dk tarts} tases] 03s] anos! somes] assiao fs) changin nei ished ems, wal mn! sie! noe] mai] aera) [nin ess an socinade |crtmplye berets exeee eis! su] ema! ager] gona! aeons lo Depinon arin expense m436{ ms! mao] anne] onan 200s ote expenses 3368] ons] user] ose] seat] sates tine Dsrtaion apne 26] uw] sr] some] ams] ssser0 [Toatespnss aowsas| gman | aae7ze| 14080] —asazisn | teansos 2 [aces tm pean bore ctr come ene ess td septa ema 1.2) 33400] amsor] zs] santas] 220819] aaas 4 [ower sx/ ue] ms] “woss| ose snus 5 [rr ram adinny atin fate nace cotsandercepionatiens | 33952] — sisva] —sasas | aurasn | aotaas| aroun love 6 Fame co rss} cat] ane] eos! tonne 7 7 Jor ram rdany ave ter Jnancecans bt blr neta ems sine] azo] rear! nazzas| ais] gaara se) 1 fesepnl tes : aif = | cae} “ 9 [ait Law) emersinay sete berets} 31067] —aanao]eraan| amass azyna | sannae los 10 fra exene 3670| a8] aan] sae] nae Fa78 1 \Nstrrtes (es tum ordinary acai | 21396] astss| _s9990| sso] aomnas| _saines Jetertx 0) 1 esos ms ot) ims 15 | secretes fore poring (4 +12) wis] sino] sysnas| 2aas| aor 1 seo ae) facet 15 inne | 16 {rec Protea eres, minority sas so] ramos] gms] airs 17 [Pe iy cp CT) fice Vaueot Re. 1p Shar) 1 esene eating ReaitonRemrves es ster Earuing estar core erry 195 fees [or Rach (at snmted): faye tar] aml ae] tear 91 nn» 19 [raring per hare (ater extrvrdary tens) oe Rta ent (nt anna ie om] an! am] ar] bo» ovo oo] are| 202} snor| nat 179 [comping a ol “Applic of shat el “eT OVABLE LINGERIE LTD. Regd. Office: A-46, Road No.2, Opp. IDB! Bank, M..D.C., Andheri (E), Mumbai - 400 093, INDIA Tol.: 022-2838 3581 Telefax : 022-2838 3582 E-mail x * website : www.lovableindia.in + CIN No.: L17110MH1987PLC044835 Crpoude@lovatdeuiainLovable NEW YORK =MILAN =TOKYO= SYDNEY (Rs. tn Lacs) Particulars ‘Objectas| “Utilisation ul] per Pees 31.12.2016 Tilisation of fands: | eting up manufacturing faciyto create additional eapacty as asiaa| aitoa93 BExpenses tobe incurred for Brand Building 1,800.00] 1,800.00 © {Brand Development Expenses 600.00] 600.00 D_ |investment in Joint Venture 2,500.00] . © |Setting up of Exclusive Brand Outlets (*EH0's") 1412.18| asia F |Setting up of Retail store Modules for“Shop-in-Shop* 361.00 361.00 JUpgradation of Design Studios 759.52 27134 4H [General Corporate Purpose 2,396.16] 2396.16 1 |Publictssue Expenses 846.26 755.67 (Total 12,960.05) 58.28) [Means of Finance As per Objects] ~34.422014) [Term Loan 1.68255 996.25 /Amount received from Pre-1PO 2,000.00 Amount received from 1PO 932750] 11,3270 8,985.03, [Total 12,960.05 9,801.20 [Interim Uilisation of IPO Proceeds: ETEEEIOT Balance Unutitised amount temporarily vested Mutual Funds 2,442.47] alance with Banks, 0.00 HTotal 2442.47] Unvestors can view tie UFR ofthe Company forthe quarter ended HAZIDIG ow Wo Go ‘websites lavablaindiainor on the website of BSE & NSE For Lovable Lingedie Limited Date: 14/02/2017 LVinay Reddy Chairman & Managing Director Place: Mumbai (In oozosesey LOVABLE LINGERIE LTD. Read, Office: Af, Road No2, Opp. DBI Bank, MLLD.C., Andheri), Mumbai 400083, INDIA Tel: 02226363581 Telefax: 02228382582 Boma: <=? Sass sate * wabsite: wrovableindia.in + CIN No.:L17110MH1987PLCO44835 Grpoute lraeindininVinod Kumar Jain & Co Chartered Accountants 205, Apollo Arcade, R.K.Singh Marg, Off Old Nagardas Road, Andheri (E), Mumbai - 400 069. Tel.: 28215171/7999 Fax:28221010 E-mail:info@cavinodjain.com * Web: www.cavinodjain.com LIMITED REVIEW REPORT 1. We have reviewed accompanying statement of unaudited financial results (“the Statement”) of Lovable Lingerie Ltd. ("the Company”) for the quarter ended 31st December, 2016, being submitted by the Company pursuant to the requirements of Regulation 33 of the Securities and Exchange Board of India (Listing Obligations and Disclosure requirements) Regulations, 2015 (the “Listing Regulation, 2015"). This statement is the responsibility of the Company's management and has been approved by the Board of Directors. Our responsibilty is to issue a report on these financial statements based on our review. 2. We conducted our review in accordance with the Standard on Review 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 provides less assurance than an audit. We have not performed an audit and accordingly, we do not express an audit opinion. 3. 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 applicable Accounting Standards and other 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 VINOD KUMAR JAIN & CO., Chartered Accountants FRN 111513W Proprietor M.No.36373 Mumbai Date: 14” February, 2017