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Registered Office:

Office # . 1, ist Floor


22/24/26, Shipp ing House
Kumpta St reet, Fort
Mumba i-400 00 1. I ndia
Tel. : + 9 1 22 2265 6051 / 52
Fax: +9 1 22 2265 8489
Email: info@specinfotek.com

~( S PECTACLE

-. .

VENTURES LIMITED
CIN

O.

L51 900MH1985PLC036' 71

S eptember 2 2 , 20 16
The National Stock Exchange of India Ltd.,

The Bombay Stock Exchange Ltd.,

Listing Departme n t , 05 t h floor,

Listing Department, 1 s t floor,

"Exchange Plaza", Bandra Kurla Complex,

P.J. Tower, Fort,

Bandra (E), Mumbai - 400 051

Mumbai - 400001

D ear Sir,

Sub: Outcome of Board M eeting


Ref: SP ECTACLE / 512413
With reference to ab ove, we would like to inform you tha t the Board of Directors o f the Company
at their tod ay's mee ting have tran sacted the followings bu sines s

1. Approved

n-a udited Financial Resul ts for the quarter ended 30 th June, 2016 (Q 1) along

with Limited Review Report issu ed by M/s. P. D. Saraf & Co., Chartered Accountant,
Mumbai, (Co pies enclosed)

Kindly take the sam e in record and acknowledge.

T hanking yo u

Yours faithfully

For Spectacle Ventu res limited

E n d: a /a

Registered Office:
Office #. 1, 1st Floor
22/24/26, Shipping House
Kumpta Street, Fort
Mumbai-400 001. India
Tel.: +912222656051/52
Fax: +91 22 2265 8489
Email: info@specinfotek.com

_:.(.SPECTACLE
e.

VENTURES LIMITED
IN No .

SPECTACLE VENTURES LIMITED


O FFICE NO.1,

tst Flo or, 22/24/26, S HIPPING HO USE, KUMP TA STREET, FORT, M UMBAI - 400 001 .
FINANCIAL RESULTS FOR THE QUARTER ENDED 30/06/2016
(Rs.ln la cs) Exce pt EPS

PARTt

Sr .
No.

30 0 6-201 6
(Unaudite d)

PARTICULARS

1 In com e from o pera ti ons


(a) Net Sales /In come from Opera tions
Less: Net of excise du ty)
(b) Otru-ropera ttng Incom e
Tota l Income from op erations(n etl
2 Expen s es
(a) Cost of materials co nsu med
(b)Purcha se of Stock -In,Trade
(C) (Inere ase)/D ecrease in sto ck -In -trade
(d) Employee benefits expen ses
(e) Depreciation and amortisation expo
(f) Other expenses
To tal expens es
3 Profit / (Loss) from operat ions before ot he r income. intrest
4 Other Income
5 Profit / (Loss) from or dinary ac tivities before finance costs
6 Finance cos ts
7 Profit / (Loss) from ord ina ry act iv rties before tax
8 Tax expense
9
10
11
12

Net Profit/ [Loss) for the pe riod


Paid-up Equlty s ha re Capi tal (Face Value of Sha re of Re.l/ -each)
Reserve excluding Revalua t ron Reserve d S per balan ce s hee t as a t 3 1ST Mar ch
Earnings per Shar e Rs. [ Baste and diluted )

PART II
Sr.

-~
A

Quarter Ended
3103-2016
(Aud ited)

---

PARTICULARS

-----

0.00

0.00

0.00

0.00
0.00

0.00
0.00

0.00
0.00

0.00
0.00

0.00
0.00
0.00
0.30
0.00
5.25
5.55
-5.55
0.00
-5.55
0.00
-5.55
0.00
-5.55
514.50
0.00
0.0 1

0.00
0.00
0.00
0.30
0.00
0.56
0.86
0.86
-197 .5 1
-198.37
0.00
-198.37
0.00
-19837
5 14.50
0.00
-0.39

0.00
0.00
0,00
0.00
0.00
632 .23
632 .23
-632.23
0.00
-632.23
0.00
-632 .23
0.00
632.23
514 .50
0.00
-1.23

0.00
0.00
000
1.21
0.00
6.39
7.60
-7.60
-430 .61
-438.21
0.00
-438.21
0.00
-438.21
51 4.50
0.00
0.85

_ _ _ _ _ _ L30-06=-~~ 1 ~1-03.2016

PARTICULARS OF SHAREHOLDING
Dividend pe r s ha re
1 Public sharehold tng -Number of shares
-Percentage of shareholding
2 Promoters a nd promoter group s ha r e ho Jd ing
(a) Pledged /Encumbered
-Number of s hare s

-Percentage of s hare(as a % of th e Total s ha reho lding of Promot ers and Prom oters
Cra un )
-Percentage ofs hare(as a % of th e Total sh are Ca pita l of the Comp any)
(b) Non e ncu mbere d
-Nurnbe r of s ha res
-Perccntage of sha re(as a % of the Total sh areho lding of Prom oters and Prom ote rs
Croun )
-Perce ntage of s hare (as a % of the Tota ! s ha re Capita l of the Compa ny)

; - --lI

43 089 ; J=

:~ "'~~
Nil

-----

Yea r Eii'dell-

3 00 6 20 15

31-03-2016

- -
430893:

4308935 0

43089350

83.75%

83.75%

"'"
NIL

"'j::::

-
, '!

Nil
NIL
Nil
---
- - -
- - Nil
Nil
Nil
- Nil -- NIL
- --

-- =r
.

31 032016
(Audited)

0.00

- - - - --Qua r ter En d e d

Year enc eu
30 062015
(Unaudited)

83 60 650 /
100%
16.25%

1-

8360650

100%
f--
16.25%

83 60 650
100%
16,25%

8360650

- - -

100%i
16.25%1

Registered Office:

Office #. 1, tst Floor


22/ 24/26, Shipping House
Kumpta Street, Fort
Mumba i-400 00 1. Ind ia
Tel. : + 9 1 222265 605 1 / 52

Fax: + 9 1 22 2265 8489

Email : info@speci nfot ek. com

::::.SPECTACLE

e.

VENTURES LIMITED

INVESTOR COMPLAINTS

3 M o n t h ended 3 0 / 0 6 / 2 0 16

Pending at the begin ing of t he quarter


Received during th e quarter
Disposed of during the quarter
Remainin g unr esolved at the end of th e quart er
Not es:

NIL
NIL
NIL
NIL

1. The abov e fin ancial resul ts were revi ewed by the Audit Comm ittee and approved by Boa rd of Di rec to rs

2 . The Compa ny Ope rate s in a si ng le segmen t . Hence Accounting standa rd AS- 17 on seg m ent rep orti ng is not ap plicab le

3 . There were no inv estor com plai nt s pending at t he beg inning and at the en d of quarter ended 30'h June. 20 16
-

4 . Figures for the prev io us period are re- classified/ rearrange / re -gro uped, wherever necessary.

Foe SPh

;;LNTURES UMITED

A~

Place : Mumbai

SHAI

Date : 22-09-2 01 6

MANAGING DI RECTOR

t:o.
CH RTERED ACCOUNTANTS

LIMITED REVIEW REPORT

1103, Arcad ia, 195 Nariman Point,


M umbai 400 021.
Tel.. 3028 4848 Fax: 30284850
Email: pdsmail@pdsarafco.com

To,
The Members
Spectacle Ventur es Limited
1. We have reviewed the accompanying statem ent of unaudited financial result of Spectacle
Ventures Limited (formerly known as Spectacle Infotek Limited) for the quarter ended
30th June,2016 except for the disclosures regarding "Public shareholding " and "Promoter and
promoter Group shareholding" which have been traced from disclosures made by the
management and have not been audited by me. This statem ent is the responsibility of the
company 's management and has been approved by the Board of Directors/Audit Committee .
Our respons ibility is to issue a report on these financia l statements based on our review.
2. We have conducted our review in accordance with the Standard on Review Engagement
(SRE) to review finan cial statements issued by the Institute of Chartered Accountants of India.
This standard requires that we plan and perfor m 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 personn el and analytical procedur es appli ed to financial data,
and thus provide, less assuran ce :.;len an audit. We have not performed an audit, and
accordingly , we do not ex press an audit opinion.
3. Based on our review conducted as above nothing has come to our notice that causes us to
believe that the accompanying statement of Unaudited Financ ials prepared in accordance with
the recognition and measurement principles laid down in Accounting Standard 25 (Interim
Financial Reporting), specified u/s 133 of the Compan ies Act , 2013 read with Rule 7 of the
Companies (Accounts) Rules 2014 , and other recognized accounting practices and policies
generally accepted in India , has not disclosed the information required to be disclosed in
terms of clause 41 of the Listing Agreement including the manner in which it is to be disclosed,
or that it conta ins any material misstatement.
Without qualify ing our opin ion , we draw your attention to:
i) The net wort h of the overseas companies in which the Company has invested is completely
eroded and hence raise s doubts' on the carrying cost of the same in the books of the
Company;
ii) Write-off during the quarter of certain non-mov ing debit and credit balances since a long
period and whic h were in view of the manag ement not recoverable/payable ;
iii) Inadequate current assets to fulfil the obligations of current liab ilities, raising doubts about the
payment capacity of the Company; and
iv) No concrete plans for re-starting the business operat ions of the Company, raising doubts
about accounting for the Company on a going concern basis .

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