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DINESH K" SHAH & CO.
CHARTERED ACCOANTANTS
Dinesh K. Shah 507, Hemkoot Complex,
B.Com. L.L.B. FCA B/h. L.I.C. Building,
Ashram Road, Ahmedabad-380 009.
Tel. # : 079-26584450
Email : dkshah43@hotmail.com

Limited Review RePort

To Board of Directors
Mehta Securities Ltd

We have reviewed the accompanying statement of unaudited financial results of Mehta Securities Ltd
for the period ended 31" December,2016. This statement is the responsibility of the Company's
Management and has been approved by the Board of Directors. Our responsibilify is to issue a report
on these financial statements based on our review.

We conducted our review in accordance with the Standard on Review Engagement (SRE)
2410,"Review of Interim Financial Information performed by the Independent Auditor of the Entity"
issued by the lnstitute of Chartered Accountants of lndia. This standard requires that we plan and
perform 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 personnel and an
analytical procedure applied to financial data and thus provides less assurance than an audit. We have
not perfonned an audit and accordingly, we do not express an audit opinion.

Based on our review conducted as above, nothing has come to our attention that causes us to believe
that the accompanying statement of unaudited financial results prepared in accordance with applicable
accounting standards and other recognized accounting practices and policies has not disclosed the
information required to be disclosed in terms of Regulation 33 of the SEBI (Listing Obligations and
Disclosure Requirements) Regulations,20l5 including the manner in which it is to be disclosed, or
that it contains any material misstatement.
. t..

Place: Ahmedabad
Date: 11.02.2017 For, Dinesh K. Shah & Co.,
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(Dinesh K Shah-Partner)
(M.No.104771