145, SDF V SEEPZ, ANDHERT (E), MUMBAT-40o 096. tNDtA Fhsne :91-22-2829 0244145 Fax :91-22-2g19 2SS4 E-MAI[- : fineline@fi neline.co.in o Website : www.finelineindia.com elN : 172900MH1 989PLC1 31 521

2TthMay' ,2022

To The General Manager BSE LIMITED Phiroze Jeejeebhoy Towers Dalal Street Mumbai - 400 001

Scrip code: 517264

Sub.: Outcome of Board meeting and Submission of Audited Financial Results for the quarter and year ended 31.03.2022

The Board of directors at the meetirg held today at 01.04 p.m (start time) and concluded at 02"15 p.m (conclusion time), approved the following:

• 1) Audited Financial Statements for the year ended 31,.03.2022 and
• 2) Audited Financial Results for the quarter and year ended 31..03.2022 and

Pursuant to Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, enclosed please find Audited Financial Results for the quarter and year ended 31..03.2022 duly approved by the Board of Directors along with report of the Auditors and the declaration for unmodified opinion for your records.

Thanking you.

Yours faithfully, For FINE-LINE CIRCUITS LIMITED

dL'

Rajiv B Doshi Executive Director Encl.: As above

145, SDF V, SEEPZ, ANDHERI (E), MUMBAI-400 096. INDIA
Phone: 91-22-2829 0244/45 Fax: 91-22-2829 2554 E-MAIL : [email protected] . Website : www.finelineindia.com CIN: L72900MH1989PLC131521

Rajier Joshi

"145, SDF V, SEEPZ, ANDHERT (E), MUMBAT-40o 096. tNDtA Fhone :91-22-2829 AZ44l45 Fax :91-22-ZBZ} ZSS4 H-MAIL : [email protected] o website : www.finelineindia.com GIN : 172900MH1 989PLC1 g1 S21

Bv Order of the Board RAIrV B. DOSHr DIN:0065L098

Excutive Director

145, SDF V, SEEPZ, ANDHERI (E), MUMBAI-400 096. INDIA Phone: 91-22-2829 0244/45 Fax: 91-22-2829 2554 E-MAIL: [email protected] . Website: www.finelineindia.com CIN: L72900MH1989PLC131521

Note: The above Cashflow Statement has been prepared under the "Indirect method" as set out in Indian Accouning Standard (Ind As -7) Statement of Cashflow.

Place : Mumbai Date: 27th May, 2022 RAJIV B. DOSHI DIN: 00651098 Excutive Director

By Order of the Board

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Ratanghayara & Co. CHARTERED ACCOUNTANTS

A-103, 1st Floor, Prince Plaza, Cabin Road, Near Railway Crossing, Bhayandar (East), Dist. Thane - 401 105.

Tel.: 2804 2962 Email: [email protected]

Independent Auditor's report on Quarterly and year to date Audited Financial Results of the Company Pursuant to the Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended.

To.

The Board of Directors of

Fine Line Circuits Limited.

Report on the audit of financial Results

Opinion:

We have audited the accompanying statement of quarterly and year to date financial results of FINE LINE CIRCUITS LIMITED, ("The Company") for the quarter and year ended March, 31, 2022. ("the Statement"), attached herewith, being submitted by the Company pursuant to the requirement of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements), Regulations, 2015, as amended ("the listing regulations").

In our opinion, and to the best of our information and according to the explanations given to us, the statement;

• a. is presented in accordance with the requirements of the Listing regulations in this regard; and
• b. gives a true and fair view in conformity with the applicable accounting standards and other accounting principles generally accepted in India, of the net Profit, other comprehensive income and other financial information of the Company for the quarter ended and the year ended March, 31, 2022.

Basis for opinion

We conducted our audit in accordance with the Standards on Auditing ("SA"s), specified under section 143(10) of the Companies Act, 2013, as amended, ("the Act"). Our responsibilities under those Standards are further described in the "Auditor's Responsibilities for the Audit of the Financial Results" section of our report. We are independent of the Company in accordance with the 'Code of Ethics' issued by the Institute of Chartered Accountants of India, together with the ethical requirements that are relevant to our audit of the financial statements under the provisions of the Act and the Rules there under, and we have fulfilled our other ethical responsibilities in accordance with these requirements and the Code of Ethics. We believe that the audit evidence obtained by us is sufficient and appropriate to provide a basis for our opinion.

Ratanghayara & Co.

CHARTERED ACCOUNTANTS

A-103, 1st Floor, Prince Plaza, Cabin Road, Near Railway Crossing, Bhayandar (East), Dist. Thane - 401 105.

Tel.: 2804 2962 Email: [email protected]

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MANAGEMENT'S RESPONSIBILITY FOR THE FINANCIAL RESULTS

The Statement has been prepared on the basis of the Annual Financial Statements. The Board of Directors of the Company are responsible for the preparation and presentation of the statement that gives true and fair view of the net profit and other comprehensive income of the Company and other financial information in accordance with the applicable accounting standards prescribed under section 133 of the Act, read with relevant rules issued there under and other accounting principles generally accepted in India and in compliance with Regulation 33 of the Listing Regulations. This responsibility also includes maintenance of adequate accounting records in accordance with the provisions of the Act for safeguarding the assets of the Company and for preventing and detecting frauds and other irregularities; selection and application of appropriate accounting policies; making judgments and estimates that are reasonable and prudent; and the design, implementation and maintenance of adequate internal financial controls, that were operating effectively for ensuring the accuracy and completeness of the accounting records, relevant to the preparation and presentation of the statement that give a true and fair view and are free from material misstatement, whether due to fraud or error.

In preparing the statement, the Board of Directors are responsible for assessing the Company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the Board of Directors either intends to liquidate the Company or to cease operations, or has no realistic alternative but to do so.

The Board of Directors are also responsible for overseeing the Company's financial reporting process.

AUDITORS' RESPONSIBILITY FOR THE AUDIT OF FINANCIAL RESULTS

Our objectives are to obtain reasonable assurance about whether the statement as a whole is free from material misstatement, whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with SAs will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these statement.

As part of an audit in accordance with SAs, we exercise professional judgement and maintain professional scepticism throughout the audit. We also:

• Identify and assess the risks of material misstatement of the Statement, whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control.
• Obtain an understanding of internal financial controls relevant to the audit in order to design audit procedures that are appropriate in the circumstances. Under section 143(3)(i) of the act, we are also responsible for expressing our opinion on whether the Company has adequate internal financial controls with reference to financial statements in place and the operating effectiveness of such controls.
• Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by Board of Directors.

Ratanghayara & Co.

CHARTERED ACCOUNTANTS

A-103, 1st Floor, Prince Plaza, Cabin Road, Near Railway Crossing, Bhayandar (East), Dist. Thane - 401 105.

Tel.: 2804 2962 Email: [email protected]

• Conclude on the appropriateness of the Board of Director's use of the going concern basis of $\ddot{\phantom{a}}$ accounting and, based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that may cast significant doubt on the Company's ability to continue as a going concern. If we conclude that a material uncertainty exists, we are required to draw attention in our auditor's report to the related disclosures in the statement or, if such disclosures are inadequate, to modify our opinion. Our conclusions are based on the audit evidence obtained up to the date of our auditor's report. However, future events or conditions may cause the Company to cease to continue as a going concern.
• Evaluate the overall presentation, structure and content of the statement, including the disclosures, and whether the statement represent the underlying transactions and events in a manner that, achieves fair presentation.

We communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit and significant audit findings, including any significant deficiencies in internal control that we identify during our audit.

We also provide those charged with governance with a statement that we have complied with relevant ethical requirements regarding independence, and to communicate with them all relationships and other matters that may reasonably be thought to bear on our independence, and where applicable, related safeguards.

Other matter:

The statement includes the results for the quarter ended March, 31, 2022, being the balancing figure between the audited figures in respect of the full financial year ended March, 31, 2022 and the published unaudited year to date figures up to the end of the third quarter of the current financial year, which were subjected to a limited review by us, as required under the Listing Regulations.

For Ratanghayara & Co.

Chartered Accountants

Firm registration No: 117626W

Reibnzeum

Paresh Ratanghayara

Proprietor

Membership No.: 103325

UDIN: $22103325AJSUWZ5957$

Mumbai

Dated: 27th May, 2022

inE-LINE

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145, SDF V, SEEPZ, ANDHERI (E), MUMBAI-400 096. INDIA Phone: 91-22-2829 0244/45 Fax: 91-22-2829 2554 E-MAIL : [email protected] . Website : www.finelineindia.com CIN: T02900MH1989PLC131521

The General Manager DCS - CRD BSE LIMITED Phiroze Jeejeebhoy Towers Dalal Street Mumbai 400 001

Dear Sir,

Scrip code: 517264

Sub.: Audited Financial Results for the quarter and year ended 31.03.2022

We hereby declare that the Auditors' report on the Audited Financial Results for the quarter and year ended 31.03.2022 is with an unmodified opinion.

Thanking you.

Yours faithfully, For FINE-LINE CIRCUITS LIMITED

$iv3$ decki

Rajiv B Doshi Executive Director