ART NIRMAN LTD. CIN : L452000J2011PLCOG4107

30'" May, 2019

To

National Stock Exchange of India Limited, Exchange Plaza, C—l, G Block, Bandra—Kurla Complex, Bandra (East), Mumbai—400 051

Sub: Outcome of Board Meeting Ref: An Nirman Limited (SCRIP CODE: ARTNIRMAN)

Dear Sir/Madam,

We here by inform you that ^a meeting of the Board of Directors of the company was held on Thursday, 303'May ²⁰¹⁹ at the registered office of the company at Unit-1, Club Babylon, Survey No. 223/5, ^{S P} Ring Road, Nr. Bhadaj Circle, Bhadaj, Ahmedabad, inter alia to discuss and approve following:

1) Considered, approved and taken on record, the Audited Financial Results ofthe Company for the Half year and financial year ended March 31, ²⁰¹⁹ along with Audit Report issued by Statutory Auditor ofthe Company.

© ART Nirman Ltd.

1 Era/ling (firm/UH,

• 2) Considered and approved Draft Notice of Extra Ordinary General meeting to be convened on 28'h June,2019 to transact business as to be decided by Board of Directors.
• 3) Appointment of Ms. Yesha Shah (Membership No A58471) as Company Secretary & Compliance Officer of the Company w.e.f. lSt June, 2019.
• 4) Approved shifiing of company's Registered Office from Unit-1, Club Babylon, Survey No. 223/5, ^{S P} Ring Road, Nr. Bhadaj Circle, Bhadaj, Ahmedabad TO 410, JBR Arcade, Science City Road, 8013., Ahmedabadi 380060.
• 5) Appointment of M/s. Yash Mehta & Associates, Practicing Company Secretaries, Ahmedabad as Secretarial Auditor for FY 2018-19 in place of Mr. Vivek Vakharia, Practicing Company Secretary, Ahmedabad.

6) Any other agenda at the permission of the chair person.

In this regards, we are enclosing herewith following documents:

• a) Statement Showing the Audited Financial Results (Standalone) for the half year and year ended on March 31, 2019 along with Audit Report as Annexure — A;
• b) Declaration of Unmodified Opinion on Auditors' Report as Annexure -B.
• 0) Brief profile of appointments made as Annexure ⁷ C.

Kindly take the same on your record.

Thanking you,

Yours Faithfully, For ART MAN LIMIT§§ ^r

\ Mr. ASHOKKUMAR RAGHURAMirii ' Managing Director \yfl" DIN: 02842849 Encl: as stated

ART NIRMAN LTD.

Unit-1, Club Babylon. Survey NO. 223/5, 5 ^P Ring Road. Nr. Bhadaj Circle. at Bhadaj, Ahmedabad, Gujarat-380060, India ITIUIIC. [UL 0000'. 0""33 [ Llllull. "ITU'UCHUIIIIIIUHJJJHI ^| WCU. WWWJIIUIHIIIUILLUHI

The accompanying notes form part ofAudited Financial Results.

Far Ar irrnan leite 0T3" Ashokkumar Thakkar Managing Director DIN: 02842849

PLACE: AHMEDABAD Date: 30.05.2019

The accompanying notes form part of Audited Financial Results.

For Art man Limits 7;." AshokkumarThakkar \

Managing Director DIN: 02842849

PLACE: AHMEDABAD Date: 30.05.2018

ART NIRMAN LIMITED

Cl N :L45200612011PLC064107

Unit-1, Club Babylon, Survey No. 223/5, ^{5 P} Ring Road, Nrt Bhadaj Circle, at Bhadaj Ahmedabad Ahmedabad ⁶¹ 380060 N

Phone: +91 88664 04499 ; E-mail Id: [email protected]

Statement of Audited Financial Results for Half Year ended on 31.03.2019

Notes:

• 1) The above Audited financial results have been reviewed by the Audit Committee and approved by the Board of Directors in their respective meeting held on 30th May, 2019.
• 2) The figures of the previous period/year have been regrouped / recast / reclassified wherever considered necessary to conform to the current year's presentation.
• 3) The Company has only one segment i.e "Real Estate". Hence there are no reportable segments under AS-17. During the year under Report, the company has carried out all the business operations in |ndia.The conditions prevailing in india being uniform, no separate geographic disclosure are considered necessary Hence segment reporting is not required.
• 4i The Director General of Goods St Services Tax Intelligence Zonal Unit, Ahmedabad, conducted search in the premises of the company on 12/10/2018 and impounded certain material. The investigation is not yet concluded and the company is submitting requisit explanation from time to time to the department and hence no eiiect has been given in the finanCials being reported herewith.
• 5) The above financials have been prepared in accordance with AS»25 Interim Financial Results as prescribed under Section 133 oi the Companies Act,2013 and other recognised accounting practices and policies to the extent applicable.
• 6) The above Financial Results are available on Company's website www.artnirman.com as well as on the the stock exchange website viz. www.nseindia.com

Date: 30.05.2019 Managing Director ForAr irman Limite Ashokkumar Thakka \

Place: Ahmedabad DIN: 02842849

Arpan Shah & Associates

Chartered Accountants

303, SHOPPERS PLAZA— 4 ,OPP. BSNL Telephone Exchange, C.G.Road , Ahmedabad — 380009 91-79-48977123 , 26464632 M. : 9824407788 Emailid:[email protected] [email protected]

Auditor's Report On Half yearly Financial Results and Year to Date Results of Art Nirman Limited

Pursuant to the Regulation ³³ of the SEBI (Listing Obligations and Disclosure Reguirements) Regulationsl 2015

TO THE BOARD OF DIRECTORS OF ART NIRMAN LIMITED

We have audited the half yearly and yearly financial results of Art Nirman Limited for the half year ended 31st March, ²⁰¹⁹ and the year to date results for the period 01/04/2018 to 31/03/2019 attached herewith, being submitted by the company pursuant to the requirement of Regulation ³³ of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

These half yearly financial results as well as the year to date financial results have been prepared on the basis of the interim financial statements, which are the responsibility of the company's management. Our responsibility is to express an opinion on these financial results based on our audit of such interim financial statements, which have been prepared in accordance with the recognition and measurement princi - . . .. . ^I - t .. ^a under Section 133 of an: '3' Institute of Chartereo _. «. a: , accepted in India. ,. . ¹ b^m 1% r3

We have conducted ⁰ _ . Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial results are free of material misstatement(s). An audit includes examining, on a test basis, evidence supporting the amounts disclosed as financial results. An audit also includes assessing the accounting principles used and significant estimates made by management. We believe that our audit provides ^a reasonable basis for our opinion.

In our opinion and to the best of our information and according to the explanations given to us these half yearly financial results as well as the year to date results:

ⁱ are presented in accordance with the requirements of Regulation ³³ of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 in this regard; and

ii. give ^a true and fair view of the net profit and other financial information for the half year ended on ³¹ March, 2019 and the year ended 31st March, 2019.

FOR, ARPAN SHAH & ASSO IATES Place :Ahmedabad FRN NO : - 125049

Proprietor ICAI M NO: - 116736

Date : 30/05/2019

Annexure — C

Brief Profile of appointments/re—appointments made persuant to Regulation ³⁰ of SEBI (Listing Obligations & Disclosure Requirement) Regulations, 2015.

*fiki'k

ART NIRMAN LTD.

Unit-1, Club Babylon, Survey No. 223/5, ^{S P} Ring Road, N1. Bhadaj Circle, at Bhadaj. Ahmedabad, Gujarat-380060, India Phone: +9188664 04499 ^| Email: [email protected] ^| Web1www.artnirman.com