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KANSAL SINGLA & ASSOCIATES

SCO 80-81, 4th Floor


Sector 17-C, CHANDIGARH -160017
Ph. : 0172-5078401-02 .

CHARTERED ACCOUNTANTS
(stNcE 1983)

Fax:0172-5072903
Web site : www.cakansalsingla.com

Limited Review Report


Review Repon to Board ofDirectors, Rana Sugars Limited

We have revie*ed the accompanying statement of unaudited financial results of RANA


SUGARS LIMITED tbr the period ended 30rl' Septenrber, 2015 except lor the disclosures
regarding 'Public Shareholding' and 'Promoter and Promote. Group Shareholding' which
have been traced from disclosures made by the management and have not been audited by us.
This statenent is the responsibility ofthe Company's Management and has been approved by
the Board ofDirectors/ corrmittee ofBoard ofDirectors. Our responsibility is to issue a repon
un lhe5e financidl sralernenls ba5ed on our re\ie\\.
We conducted ou. review in accordance with the Standard on Review Engagenlent (SRE)
2400, Engagements to Ret'iew Financial Statements issued by the Institlrte of Chartered
Accountants of India. This standard requires that lve plan and perform the review to obtain
moderate assurance as to whether the financial statements are free ofmaterial misstatement. A
review is limited primarily to inquiries of company personnel and analytical procedurcs
applied to financial data and thus provides less assurance than an audit. We have not
perfomed an aLldit and accordingly, rve do not express an audit opinion.
Based on our review conducted as above, nothing has come 10 our attention that causes us to
believe that the accompanying statement of unaudited financial results prepared in accordance
\\,ith applicable accounting standardsr and other recognized accounting pmctices and policies
has not disclosed the information required to be disclosed in tenns ofClause 4l ofthe Listing
Agreement iltcluding the manner in which it is to be disc]osed, or that it contains any naterial

lnisstalemcnl.

FOT

KANSAL SINGLA & ASSOCIATES


Chaftered Accountants

",- ,pdntxgn
Membership Number
Place : Chandigarh

og o<

Date: bI - ll-2-"1t
CERTIHED ]RIJE COPY
For Rlna Sug,arE

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