MXIMAA SYSTEMS LTD
RESULT IS OVERALL GOOD , IT FOR LONG TERM INVESTMENT STOCK
The Board of Directors
MAXIMAA SYSTEMS LIMITED
PROYURVEDA LIFESCIENCE PRIVATE LIMITED - This company will benifitted for maximaa systems in Future,,
1. We have audited, the Consolidated Financial Results of MAXIMAA SYSTEMS LIMITED for the
year ended 31st March, 2019 (“The Financial Statements”) being submitted by the Company
pursuant to the requirement of Regulation 33 of the SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015. These consolidated financial results have been prepared on the
basis of the annual consolidated financial statements which are the responsibility of the Holding
Company’s Management and has been approved by the Board of Directors. Our responsibility is to
express an opinion on these consolidated financial results, based on our audit of such consolidated
financial statements, which have been prepared in accordance with the recognition and
measurement principles laid down in Indian Accounting Standard (Ind-AS) specified, under
Section 133 of the Companies Act, 2013 (“The Act”) read with relevant rules issued thereunder;
as applicable and other accounting principles generally accepted in India and in compliance with
the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015.
2. We conducted our audit in accordance with the auditing standards generally accepted in India.
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 the management. We
believe that our audit provides a reasonable basis for our opinion.
3. The Financial Statements of subsidiary company (PROYURVEDA LIFESCIENCE PRIVATE
LIMITED) has been audited by NPV & Associates, Chartered Accountants, Mumbai,
Maharashtra.
cial Results of Maximaa Systems.
4. In our opinion and to the best of our information and according to the explanations given to us
these are the yearly consolidated financial results.
(i) Includes the Annual Financial Result of Proyurveda Lifescience Private Limited.
(ii) have been presented in accordance with the requirements of Regulation 33 of the SEBI
(Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI
Circulars CIR/CFD/CMD/15/2015 dated 30thNovember, 2015 and
CIR/CFD/FAC/62/2016 dated 05th July, 2016 in this regard; and
(iii) Give a true and fair view of the Consolidated Net Profit / Loss (including Other
Comprehensive income) and other financial information in conformity with the
Accounting Principles generally accepted in India (including Ind-AS) specified under
section 133 of Companies Act, 2013 for the year ended 31st March, 2019.
5. These consolidated financial result includes the results for the year ended 31st March, 2019 being
the balancing figures between the audited figures in respect of full financial year and the published
year to date figures up to 31st December, 2018 of the relevant financial year, which were subject to
Limited review by us and our report is not modified in respect of this matter.
