Rishab Special Yarns Ltd Directors Report.

TO

The Members of

RISHAB SPECIAL YARNS LIMITED JAIPUR

Your Directors have pleasure in presenting their Twenty Eighth Annual Report on the business and operations of the Company and the accounts for the Financial Year ended March 31,2017.

1. Financial summary or highlights/Performance of the Company (Standalone)

FINANCIAL RESULTS

Amount in rupees

2017 2016
Net Sales/ Income From Operations - -
Other Income 245500 223575
Profit/(Loss) before depreciation, finance cost, exceptional items& taxes. (415851) (391072)
Less: Finance Cost 446 648
Profit/(Loss) before depreciation, exceptional items& taxes. (416298) (391720)
Less : Depreciation - -
Profit/(Loss) before exceptional items & taxes (416298) (391720)
Exceptional items : Profit on sale of land & building - -
Profit//Loss) before tax (416298) (391720)
Provision for Taxation - -
Profit/ (Loss) after tax (416298) (391720)
Balance Brought forward from the last year (107204276) (106812556)
Balance Carried to Balance Sheet (107620574) (107204276)

2. Dividend

In view of the current year operational loss and carried forward losses, your directors are unable to declare dividend.

3. Reserv es

In view of the current year loss the Board does not propose to appropriate any amount to carry to any kind of reserves.

4. Brief description of the Company’s working during the year/State of Company’s affair: PERFORMANCE :Due to financial constraints, manufacturing activities stand discontinued. During the year under review company has incurred a loss of Rs. 4.16 lakhs from non operating expenses. The management is examining various options to gainfully utilize factory assets at Abu Road. There is no division so division wise working details are not applicable.

FUTURE PROSPECTS : The company is continuously examining the possibility of starting some business to utilize the existing assets gainfully. The proposed activities shall be finalized and implemented based on final view of board and availability of funds. As soon as the management is able to finalize any business plans, it shall keep the valued shareholders informed through available mode of communications

5. Change in the nature of business, if any: There is no change in the nature of business of the company during the year.

6. Material changes and commitments, if any, affecting the financial position of the company which have occurred between the end of the financial year of the company to which the financial statements relate and the date of the report

There is noMaterial changes and commitments which can affect the financial position of the company which have occurred between the end of the financial year of the company to which the financial statements relates and the date of the report.

7. Details of significant and material orders passed by the regulators or courts or tribunals impacting the going concern status and company’s operations in future:

The Commissioner- (Appeals), Customs, Excise and Service Tax have given its judgmentand has rejected the Appeal filed by the company. So there is no change in the contingent liability as provided in the Annual Report of this year and earlier years. The Company has filed an Appeal in CESTAT on 04.09.2015 which was heard on 28.08.2017.

8. Details in respect of adequacy of internal financial controls with reference to the Financial Statements.

The company has adequate internal financial controls with reference to financial statement. The company has appointed internal auditor during the year to audit and highlight the adequacy of internal control and it has given its report satisfactorily.

9. Details of Subsidiary/Joint Ventures/Associate Companies

There is no company which either have become or ceased to be its Subsidiaries, joint ventures or associate companies during the year. So no statement about subsidiary company(ies) is required to be given.

10. Performance and financial position of each of the subsidiaries, associates and joint venture companies included in the consolidated financial statement.

There is no subsidiaries, associates and joint venture companies of the company so report on the performance and financial position of these are not applicable to the company.

11. Deposits

The details relating to deposits, covered under exempt category of Chapter V of the Act,- The company has taken interest-free unsecured loans, repayable on demand, from four parties covered in the register maintained under section 189 of the Companies Act, 2013. The maximum amount involved during the year was Rs. 1,97,77,386/- and the year-end balance of loans taken from such parties was Rs. 1,97,77,386/-.Apart from above the company has not accepted any deposits..

(a) accepted during the year Rs. 5,97,601/- paid during the year Rs. 10,00,000/-

(b) remained unpaid or unclaimed as at the end of the year;Rs. 1,97,77,386/-

(c) whether there has been any default in repayment of deposits or payment of interest thereon during the year and if so, number of such cases and the total amount involved- There is no default in repayment of interest or deposit during the year.

(i) at the beginning of the year;: NIL

(ii) maximum during the year; ; NIL

(iii) at the end of the year;; NIL

There is no such deposits which are not in compliance with the requirements of Chapter V of the Act;

12. Statutory Auditors

M/s Jain Shrimal& Co., Chartered Accountants, Jaipur, retire at the ensuing Annual General Meeting and has completed one term of appointment and being eligible for re-appointment and has shown his interest for 2nd term. Your Directors recommend theirre-appointment for a further period of 5 years.

13. Explanation or Comments by the Board on every qualification, reservation or adverse remark or disclaimer made in :

i) Auditors’ Report

There is no qualification, reservation or adverse remark or disclaimer made by the auditor in his report so the explanations or comments by the Boardis not required.

ii) Secretarial Audit Report: There is no qualification, reservation or adverse remark or disclaimer made by the auditor in his report so the explanations or comments by the Board is not required.

14. Share Capital

A) Issue of equity shares with differential rights

No equity shares issued during the year and all equity shares issued in earliear years have equal rights. No equity shares issued with differential rights till date.

B) Issue of sweat equity shares

The Company has not issued any sweat equity shares from inception to till date.

C) Issue of employee stock options

The company has not issued any employee stock options to any of if semployee from its inception to till date.

D) Provision of money by company for purchase of its own shares by employees or by trustees tor the benefit of employeesNo provision has been made for purchase of company’s own shares by employees or by trustees for the benefit of employees from its inception to till date.

15. Extract of the annual return

Pursuant to Section 134(3)(a) of the Companies Act, 2013 read with rule 1(1) of the Companies (Management and Administration) Rules 2014, the extract of annual return is annexed herewith and forming part of the report. (Annexure - VII)

16. Conservation of energy, technology absorption and foreign exchange earnings and outgo

Particulars in respect of conservation of energy, technology absorption and foreign exchange earnings and outgo, as required under section 134(3)(m)of the Companies Act, 2013 read with the Companies (Accounts) Rules, 2014 are set out in a separate statement attached hereto as Annexure - IV and toiming part of the report.

17. Corporate Social Responsibility (CSR) :

Neither the Company fall under the criteria for which the Corporate Social Responsibility is applicable nor it has any operations. So the same is not applicable to the company.

18. Directors:

A) Changes in Directors and Key Managerial Personnel ...

Mr.ShashankHirawat, retires by rotation and being eligible offer himself for re-appointment. Mr.ShashankHirawat, has joined as Director and Miss Nidhi Jain has joined as Company Secretary horn

There is no change in key managerial person during the yearexcept Miss Nidhi Jam joined as Company Secretary as on 29.07.2016.

B) Declaration of Independence by Independent Director(s) and re-appointment, if any

Pursuant to section 149(6) of the Companies Act, 2013, Independent Directors of the Company have made a declaration confirming the compliance of the conditions of the independence stipulated in tie aforesaid section. Both the independent Director have not completed their first term of 5 years. So, reappointment is not required.

C) Formal Annual Evaluation

The Board of Directors of the company has initiated and put in place evaluation of it s own performance its committees and individual Directors. The result of the evaluation is satisfactory and adequate and meets the requirement of the company.

19. Number of meetings of the Board of Directors: .

The Board have met 10 times and independent directors once during the year ended 31 March, 201/.

20. Detail of Committee of Directors: Composition of Audit Committee of Directors, Nomination and Remuneration Committee of Directors and Stakeholders Relationship/Grievance Committee of Directors, number of meetings held of each committee during the financial year 2016-17 and meeting attended by each members of the Committee as required under the Companies Act, 2013 are provided in Corporate Governance Report and forming part of the Report.

The recommendation by the Audit Committee as and when made to Board has been accepted by it.

21. Details of establishment of vigil mechanism for directors and employees :Your company has put

in place the vigil mechanism. The detailed mechanism is given in Corporate Governance Report forming part of this report. _ .

22. Policy on Directors appointment and remuneration including criteria for determining qualifications, positive attributes, independence of director and other matters provided under subsection (3) of section 178: The details is given in Corporate Governance Report forming part ot this

report. .

23. Particulars of loans, guarantees or investments under section 186: There is no loan given

investment made, guarantee given or security provided by the Company to any entity under Section 86

of the Companies Act, 2013. , ,

24. Particulars of contracts or arrangements with related parties:There is no transaction with related party which requires disclosure under section 134(3)(h) of the Companies Act, 2013 and Rule8(2) o tie

Companies (Accounts) Rules, 2014. ,

25 Managerial Remuneration:The Ministry of Corporate Affairs {"MCA") has amended the ( ompames (Appointment and Remuneration of Managerial Personnel) Rules. 2014 {"Managerial Remuneration Rules, 2014") hr m/r of Companies (Appointment and Remuneration of Managerial Personnel) Rules. 2016 dated June 30. 2016 /"Amended Managerial Remuneration Rules, 2016"/. Under these Rules a listed company is required to disclose (a) ratio of remuneration of director to the employees; (b) percentage increase in the remuneration of directors, key managerial personnel and employees; (e) average percentile increase already made in the salaries of employees and its comparison with the

percentile increase in managerial remuneration and justification thereof etc., under its Board Report. As your Company neither provide any remuneration to any Director nor has any employee on its Roll except Company Secretary, to whom salary of Rs. 10000/- payable on monthly basis, so the above analysis is not possible because no remuneration is neither paid to Directors nor to any employee except Company Secretary. The salary paid to company Secretary is same and there is no change in remuneration also.

26.Secretarial Audit Report A Secretarial Audit Report for the year ended on 3D1 March 2017 in prescribed form duly audited by the Practising Company Secretary M/s SunitaGarg&Assciates is annexed herewith as Annexure - V11 land forming part of the report.

27. Corporate Governance:Your Company re-affirm its commitment to Corporate Governance and is fully compliant with the conditions of CorporateGovernance provisions as specified in chapter IV of the Securities and Exchange Board Of India (Listing Obligation and Disclosure Requirements) Regulation, 2015. A separate section on compliance with the conditions of Corporate Governance as Annexure-I, and a Certificate from the firm of Practising Chartered Accountant in this regard is annexed as Annexure - II, hereto and forms a part of the report.

28. Risk management policy: During the year, Management of the Company, evaluated the existing Risk Management Policy of the Company to make it more focused in identifying and prioritizing the risks, role of various directors in monitoring and mitigation of risk and reporting process. The Risk Management Policy has been reviewed and found adequate to the requirements of the company.

29. MANAGEMENT DISCUSSION &ANALYSIS :This has been included as a separate Annexure - III to this Report.

30. Directors’ Responsibility Statement :Pursuant to the requirements of section 134( 1)( c) of the Companies Act, 2013 and on the basis of explanation and compliance certificate given by the Directors of the Company, and subject to disclosures in the Annual Accounts and also on the basis of discussions with the Statutory Auditors of the company from time to time, we state as under :

(a) thatin the preparation of the annual accounts, the applicable accounting standards had been followed along with proper explanation relating to material departures;

(.b) that the directors had selected such accounting policies and applied them consistently and made judgments and estimates that are reasonable and prudent so as to give a true and fair view of the state of affairs of the company at the end of the financial year and of the profit and loss of the company for that period;

(c) that the directors had taken proper and sufficient care for the maintenance of adequate accounting records in accordance with the provisions of this Act for safeguarding the assets of the company and for preventing and detecting fraud and other irregularities;

(d) thatthe directors had prepared the annual accounts on a going concern basis; and

(e) thatthe directors, in the case of a listed company, have laid down internal financial controls to be followed by the company and that such internal financial controls are adequate and were operating effectively.

(/) thatthe directors have devised proper systems to ensure compliance with the provisions of all applicable laws and that such systems were adequate and operating effectively.

31. Depository System :The companys shares can now be traded in electronic form. The company has entered into an agreement with CDSL to act as depository and for dematerialization of shares. CDSL has issued ISIN INE351DO1013 and activated the same as on 25th August, 2014. Some of the shareholders have already dematerializedthe shares to electronic form but most of shares till date are in physical form. The shareholders are requested to convert their physical holding to demat form.

32. Business Responsibility Report :Business Responsibility Report is attached as Annexure-VI.

33. Employees :None of the employees of the company is in receipt of Remuneration of Rs. 60,00,000/- or more per annum or Rs. 5,00,000/- or more per month, if employed for part of the year

34. Acknowledgements :The Board gratefully acknowledges the co-operation and support given by the Shareholder, Creditors, Bank and financial institutions and others.

Registered Office : FOR AND ON BEHALF OF THE BOARD

ANNEXURE- 1

1. CORPORATE GOVERNANCE REPORT :Corporate Governance Report as required by Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Companys Philosophy on Corporate Governance : Companys philosophy in relation to Corporate Governance is to ensure transparency in all its operations, make disclosures and comply with various laws and regulations. Emphasis therefore is on adding value to its shareholders, investors, employees, suppliers, customers and the community at large.

Declaration for Compliance with Code of Conduct :Pursuant to Regulation 17 (5) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, it is hereby declared that all Board Members and senior Management team of the Company have affirmed compliance with the companys code of conduct for the financial year ended 31 st March, 2017.

CEO Certification :Pursuant to Regulation 17 (8) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Managing Director has provided to the Board of Director the Compliance Certificateas specified in the Part B of Schedule II of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, on the financial statements and internal control relating to financial reporting has been obtained and is part of this report as Annexure - (V).

2. Board of Directors :The Board of Directors consists of 5 directors (One Managing Director, one Woman Director, one non-executive non-independent Director and twoNon Executive independent Directors. ShriShashankHirawat has joined the board from 29.07.2016. During the year Board Meetings were held on 07th April, 2016, 30th May 2016, 29™ July 2016, 13,een,h August 2016, 03rdSeptember 2016, 1st October 2016, 12th November 2016, 31st December 2016, 14th February 2017, and 31st March 2017. The Board was presented with the relevant and necessary information at its meetings. The attendance of each Director at the Board Meeting during the year and at the last Annual General Meeting and Extra Ordinary General Meeting and also the other Companies and Committees where he is a director/member is tabulated below:

Attendance

Particulars

No of other Directorship and Committee Member/Chairmanship

Name of Directors Category Board

Meeting

Last

AGM/

EOGM

Other

Directorship

Committee

Membership

Committee

Chairmanship

Sh. Amitabh Hirawat Managing Director & Promoter 10 Yes 3 1 -
Sh. PradeepLoiwal Non Executive

independent

Director

10 Yes 1 3 1
Sh.Kamal Kishore Kalani Non Executive

Independent

Director

6 Yes 1 3 1
Smt. ArtiHirawat Non Executive Woman Director & Promoter 10 Yes 1 2 -
Sh. ShashankHirawat Non Executive Director & Promoter 8 Yes 2

Meeting of Independent Directors and tneir attendance: niucpcnucm , 1. ..

in a year to deal with matters listed out in Regulation 25(4) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 which inter-aha includes levievv the performance of non-independent directors, chairman and the Board as a whole and assess quality an quality of flow of information to perform the duties by the Board of Directors. Both the Independent

Directors have attended the meeting.

Directors Remuneration: Due to losses in the company the company hasnot paid any remuneration, sitting fees or commission to any of the Director whether executive, non executive or independent.

3 Audit Committee : The Board of Directors has constituted an audit committee,as prescribed under Llion 177Tf the Companies Act, 2013 and Regulation 18 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, of the Dnectors ai empowered the Committee to deal with all such matters which it may consider appropriate to perform as audit committee including items specified in section 177(4) of ^ Companiw Aet j1013 ( y modified/amended from time to time), items specified in Part C of Schedule 11 f20T5 nder the Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations 2015 under the

head role of audit committee and Review of Information by Audit Colini‘Jee D / TJe modified/amended from time to time) and such matters as may be assigned by the Boaid of"cto^ committee in addition to other business, review un-audited and/or audited financial results for the relevant quarter, half year and the year for adoption/approval by the board ,tro system and procedures and its adequacy, risk management, related party transaction, audit pro^m nature and scope of audit program, appointment and remuneration of Auditors. The composition of the audit committee and details of meeting attended by members thereof are as follows:

Name of Directors Category of Directorship & Designation Qualifications No. of Meeting Attended
Sh. Pradeep Kumar Loiwal Non Executive Member ol the Committeelndependent, BE. 4
Sh. Kamal Kishore Kalani Non executive Chairman of the committee Independent B.Com., F.C.A. 4
Smt. ArtiHirawat Non Executive Member of the Committee B.A. 4

During the year under review, the audit committee met * nines - and 14 02 2017 Its meetings were also attended by the Managing Director and the Statutory Auditors.

The Chairman of the aucht committee along with other members attended the last Annual General

Meeting of the company held on 28,hSeptember, 2016.

Nomination/Remuueration Committee :The company had constituted a NT committee as prescribed under section 178 of the Companies Act, 2013 and Regulation 19 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) RegulaDo,^, 2015 The role of the committee is to perform all such matters as prescnbed under the C P ’ 2013 and rules framed there under (as may be modified/amended from time to time) part D of the Schedule II of the Securities and Exchange Board of India (Listing Obligations and

Disclosure Requirements) Regulations, 2015 (as may be modified/amended from time to time).cons.sting of Shri Kamal Kishore Kalani,ShriPradeep Kumar Loiwaland Smt. ArtiHirawat.

The Company docs not pay any remuneration to either Executive Director. Non-Executive Independent Directors of the Company. The Company has not tssued stock options to any of its Duecto . The Company has not paid any remuneration to the Managing Director of the company.

During the year 3 meetings of Nomination and Remuneration Committee were held on 29.07.2016, 03.09.2016 and 31.03.2017.

Stake Holders Grievance Committee :The company had constituted a Stake Holders Grievance Committee as prescribed under section 178 of the Companies Act, 2013 and Regulation 20 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.. Which is comprised of ShriPradeepLoiwal as Chairman and other members viz. Smt. ArtiHirawat andShri Amitabh Hirawat (Managing Director of the Company). The role of the commi ee is to consider and resolve the grievances of security holders and perform such roles as may be requited under the Companies Act, 2013 and as specified in part D of the Schedule II of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations 201 b. Continuous efforts are made to ensure that grievances are expeditiously redressed to the satisfaction o investors, attend to investor’s complaints pertaining to transfer/transm.ssion of shares, non receipt ot dividend, share certificates and other related matters. The information asked were provided to le satisfaction of the shareholders and one complaint was pending as on 31.03.2017.

During the year 11 meetings of share transfer committee/investors grievance he^ on

10 05 2016, 10.08.2016, 29.10.2016, 05.11.2016, 31.12.2016, 07.01.2017, 123)1.2017,023)2.2017, 09.02.2017,02.03.2017, 10.03.2017, 14.03.2017 and27.03.2017 and 1300 shares of7share holders were

transferred.

Compliance Officer : Amitabh Hirawat - Managing Director

General Body Meetings Details of the last three Annual General Meetings are as underj .

AGM/EOGM Date Time Venue No. of Special Resolution passed
?6h AGM 28.11.2014 12 Noon 2070, Rasta Bara Gangore, Jaipur-302003 4 Nos.
27th AGM 28.09.2015 12 Noon 2070, Rasta Bara Gangore, Jaipur-302003 "
28th AGM 28.09.2016 12 Noon 2070. Rasta Bara Gangore, Jaipur-302003 3 Nos.

There was no special resolution passed in the financial year 2016-17 by postal ballot, as oi aaie,

there is no proposal to pass any resolution by postal ballot. ,

Disclosures : There is no transaction of materially significant nature with related party that may have potential conflict with the interest of the company at large. Transactions with related parties are disclosed in note on "Related Party Disclosures" annexed to the financial statements for the yeai. Adequate care was taken to ensure that the potential conflict of interest did not harm the interests of le

Ther^were noinstances of material non-compliance and no major strictures or penalties imposed on the company either by SEBI, Stock Exchange or any statutory authorities on any matter related to capi a maTkets during the" last three years. During 2013-14 an amount of Rs. 1,00,562 - was paid to DSE out of which Rs. 84270/- including service tax was towards listing tees, Rs. 8427/- including sei vice tax towaids reinstatement fees and Rs. 7865/- including service tax was towards processing fees ot reinstatement ai capital confirmation certificate, and Rs. 102358/- was paid to Jaipur Stock Exchange towards settlement of outstanding listing fees upto the year 2013-14 after waiver of Rs. 25,200/- i.e. 20/o on total outstanding listing fees as one time settlement of outstanding dues, during the 2013-14.

WHISTLE BLOWER POLICY& VIGIL MECHANISM:Rishah Special Yarns Limited (RSYL) has formulated a Whistle Blower Policy/Vigil Mechanism. In terms of this policy, employees of RSYL a.e free to raise issues, if any, on breach of any law, statute or regulations by the company and report them to the Audit Committee through specified channels. This mechanism has been communicated to all

AHPthe mandatory requirements of Corporate Governance have been complied with and company is also

in process of adoption of non mandatory requirements. f ,

Mean, of Communication: During the year quarterly, half yearly and yearly financial resnits of the company were submitted to the stock exchanges soon after the Board Meeting approved these and we e also published in two newspapers-Money Makers (English) &DainikMahalaxm.Bhagyodaya (Hind,) and uploaded on the company’s website at www.rishabspecial.com.

The Managements Discussion and Analysis of Operating Results and Financial Condition based on financial statements for the year forms part of the Annual Report for the year.

General Shareholders Information:

29th Annual General Meeting
Date & Time 29th September, 2017 at 12:00 Noon
Venue 2070, Rasta Bara Gangore, Jaipur-302 003
Financial Calendar for the year 2017 - 2018
Financial Year 1st April 2017 to 31st March, 2018
First Quarter Results Second Week ofSeptember, 2017
Second Quarter Results Second Week of November, 2017
Third Quarter Results Second Week of February, 2018
Yearly results (Audited) Last Week of May, 2018
Date of Book Closure 20lh September to 22nd September, 2017 (Both days inclusive)

Due to operational loss during the year, no dividend is proposed.

List of Stock Exchanges:

The Bombay Stock Exchange Ltd., Mumbai

The Delhi Stock Exchange Ltd., New Delhi (Now Defunct)

Jaipur Stock Exchange Limited, Jaipur (Now Defunct)

The company had paid Annual Listing fees of the Bombay Stock Exchange, Mumbai upto 2016-17, Jaipur Stock Exchange Ltd and Delhi Stock Exchange Ltd. up to 2013-14 because after that both exchange has not raised the invoice and have become defunct.

Scrip ID is : RISHYRN and Scrip Code is : 514177

Market Price Data :The Company’s 200 shares were traded at Bombay Stock Exchange as on 24.11.2011 at an weighted average rate of Rs. 10.07 per share. There was no other trading of Company’s shares during the year. No trading was done in other Stock Exchanges during the year. Performance in comparison to other index is not possible because no trading has been done during the year.

Registrar and Transfer Agents :The company has appointed Link Intime India Private Limited, C-13 PANNALAL SILK MILLS COMPOUND, LBS MARG, BHANDUP WEST, MUMBAI -400078 as Registrar and Share Transfer Agent from 15.01.2017 before thatSystem Support Services 209, Shivai industrial Estate,Near Logitech Park, 89, AndheriKurla Road, Saki Naka, Andheri (E), Mumbai, was our Registrar and Share Transfer Agents.

Share Transfer System: Share transfers are generally completed within fifteen days of receiving the valid share transfer document.

Shareholders of Rishab Special Yarns Limited with more than one percent holding at 31st March, 2017 are as under :

Name of Shareholders No. of Shares % of Total no. of Shares
Amitabh Plirawat 324800 9.12
NathmallHirawat 305360 8.58
ChnadraMohnaKhandelwal 47810 1.34
AmitbahHirawat (Karta) 48000 1.35
ArtiHirawat 54000 1.52
AditiHirawat 40000 1.12
AshwinHirawat 41100 1.15
Shakti Vijay Steel Transforms Pvt. Ltd. 239300 6.72
Trepechy Textile Ltd. 320200 8.99
Trepechy Trading Pvt. Ltd. 90000 2.53

Distribution of Shareholding as at 31st March, 2017

Share Holding

No. of Shares

%age of Shares

No. of Share Holders

%age of Share Holders

From To Demat Physical Total Demat Physical Total Demat Physic

nl

Total Demat Physical Total
1 500 3700 1640120 1643820 0.104 46.062 46.166 24 13499 13523 0174 97.989 98.163
501 5000 4600 288010 292610 0.129 8.089 8.218 3 230 233 0.022 1.670 1.692
5001 10000 0 53600 53600 0.000 1.505 1.505 0 7 7 0.000 0.051 0.051
1000

1

&Above 816470 754200 1570670 22.930 21.181 44.111 8 5 13 0.058 0.036 0,094
Total 824770 2735930 3560700 23.163 76.837 100.000 35 13741 13776 00.254 99.746 100.000

Physical / Eletronic share holding pattern :23.163% equity shares have been dematrialised as on 31st March, 2017 and balance 76.837% shares are in physical form. The ISIN(s) for the Company allotted by CDSL is INE351 DO 1013. The Company’s investors can now avail the depository services with any of the Depository Participants registered with CDSL which are spread over the length and breadth of our country. Investors are advised to send their shares for dematerialization through their any of the Depository which is registered with the CDSL.

Note: Promoters have not Pledged any of their shareholding.

Plant Location : E-38 & 39, Ambaji Industrial Area, Abu Road

The company had stopped production of Synthetic Yarn at all Units during 2004-05 and is in process of evaluating some viable business.

Address for Correspondence : Rishab Special Yarns Limited 2070, Rasta Bara Gangore, Jaipur-302003

DECLARATION FOR COMPLIANCE WITH CODE OF CONDUCT To the members of RISHAB SPECIAL YARNS LIMITED

Pursuant to Regulation 26 (3) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, 1 hereby declare that all Board Members and senior

management personnel of the Company have affirmed compliance with the Company’s Code of Conduct as applicable to them.

PLACE: JAIPUR Amilabjt Hirawat
DATED: 05/09/2017 Managing Director
Annexure -III : DIN 00349697