En"

Date: 14'n February,2o!7

The General Manager, The Manager

Department of Corporate Services Listing Department,
BSE Limited, National Stock Exchange of India [imited
Rotunda Building, 1d Floor, Exchange Plaza, Plot No. C/1, G-Block,
P. J Towers, Dalal Street, Bandra-Kurla Complex, Bandra (East)
Fort, Mumbai- 400 001 Mumbai- 400 051
Scrip Code: 532820 Symbol: ELAND
Dear Sir/Madam,

Sub: Outcome of Board Meeting held on 14th Februarv, 2017

This is to inform you that the Board of Directors at its meeting held on 14th February,
2017 has
Considered and adopted the Un-audited Financial Results for the quarter and nine
months ended 3l*December, 2016 along with the Limited Review Report pursuant to
Regulation 33 of the of SEBI (LODR) Regulations, 2015. Copy of the said Un-audited
Financial Results is attached herewith.
Considered and approved the Postal Ballot Notice for
rTo Shift the Registered Office of the Company from State Of Maharashtra -
Mumbar to State ot Karnataka - gengaluru.
o To maintain the Register of Members and other statutory registers at a place
other than the Registered Office of the Company
r To Sale an undertaking u/s section 180(1Xa) of Companies Act, 2013
Appointed Mr. Haeoi Choi As Chief Financial Officer of the Company pursuant to Section
203 of the Companies Act, 2013.
Took the note of the resignation of Mr. Ashitosh Sheth, Company Secretary &
Compliance Officer
5. Appointed Mrs. Sunita Kanungo (ACS 16678) As Company Secretary and also appointed
her as Compliance Officer under Regulation 6 of SEBI (LODR) Regulations, 2015 of the
Company.

E-Land Apparel Lirni164

(Formerly Known as "Mudra Lifestyle Limited")
Reg Off:- Office No. 404 4th Floor, Westem Edge-l, Westem Express Highway, Magathane, Borivali (East) Mumbai - 400066.
TeI: +91-224097 2600, Fax | +91-22-4097 2601, CIN : L17110MH1997PLC106945, Web : wwwelandapparel.com
 E[,
5' Following Key Managerial personner under Reguration 30(5) of
the sEBr (LODR)
Regulations, 2015 authorized for the purpose of determining
materiarity of an event or
information and for the purpose of making disclosures to Stock Exchanges.

Sr. Name and Designation Contact No. Email id

No.
T Mr. Kwang Hyuck Choi - Managing
Director o22- investor@elandapparel.com
2 Mr. Jung Ho Hong - Whole-time 40972600
Director
3 Mr. Choi Haeoi - Chief Financial
3fficer
4. Mrs. Sunita Kanungo - Company
Secretary

This is for your information and records.

Thanklng you,
fur I Loid AFpifal Lh tt.d

Whole Time Director

DIN: 02229534

E-Land Apparel Limited

(Formerly Known as ,,Mudra Lifestyle Limited")
Reg Off :- Office No. 404 4th Floor, Westem Edge-l, Westem Express Highwa), Magathane, Borivali (East), Mumbai - 400056.
Tel : +9'I-224097 2600, Fax: +91-22-4097 2601, CIN : L17110MH1997PLC106945, Web : wwwelandapparel.com
 E-LAND APPAREL LIMITED
R.gd. Oflic:404,4th Ftoor, W6r.m Edsct, W.srern
Erpr6! Highw.y, Mrgarhsn., Borivrti (Easr), Mumb.i_-400066
'f.l t +tl-2L 40972600' F'\ | +gt-22.40g72601
W.bsirc : ll^w.elMdapp{rct.com CrN - Lr?lloMHl997pLCt05945

UNAUDITED FINANCIAL

5,0t6,00 5,851 3r 5,953 94 15,158 49

42t,65 377,05 35906 t,076.47
5,437.65 6,22436 6J13,00 16,234.96

Cost of Daierials consumed

3,434 86 3,226 23 3,43004
Chd8es i. invenbries of finished soods tud work 9,626 65
2414l 800 5J 24671 632 35
1,782 68 t,5E3 80 |,130 49 5,092 39
Depr.iation ed anonisrrion expenses 63.06 67 64 76.03 196 63
1,t4645 932 30 I,184 l6 3,024 69
6,668.66 6,610.s0 6,107.43
/ (Lo$) fron op.eaio'g t4512,71
befo.G orhe. in.oac,
cosk' P or p..iodt.r..ptioDot if.m! and r.x

/ (Los) fron op.r.lions befor. fi.onc..osh,

D.riod and .x..p lionat ftems ard rA (t+4)

/(Los) rrom oFmtions beror. pior peiod,

period iie'ns (Refer nore 2)

/(Loss) b.forc l,r (7 - E + e)

Prcfit/(Loss) .fr.rirx (r0- ll)

Eq uiry snar. Copirlt ( NoDin.tvatuc - Rs.
to
.r.luding n.vrtu.tiotr R$!.rs us pcr
sheer of p..viouc accountinq v.ar
PerShde(ofRs. l0/. qch) (Nor mudised)
Basc & Dilured EPS for rhe penod

I Tl' lln&olat results werc revrewed bv the Audit cotmitt@ and spproved
'UuvE bv the Bodd of Direrors ar rhen ,nerin8 held on I 4 Febrar, 20 | 7 Ttle sratior Aud
cMed out a tmired review of lhe above lineciat sutts of the ComDary
ors have

Tax, difterential pmium dd orhd

,i
v

4 m appltion wilh the central^G^ovetnot for seeldng irs approval,

for apportrnflr ed rhe paynnr ofmoagend remun.Erion ro a whole
fe''ber30,2014 ro septmbr29,2017 TlecoDpmthapia-".o*iorrsooeltalljsuproMdch3t,2016,andRs20.64rarisforrheninenonfhs Time Direcror
j l, 20 16, subj@t to receipr of approval
from the C;ntrd co;mmot
5 The CoD
rhe corpoEle Debr Rshucturing (cDR)
Debr Res sions ofrhe Mastq cncule
on cor?orare
proposal. nght to ihe cDR Lendeu lo get a recom tud sdifices Dade d
pan of $e cDR
one Time senleDerl haveconsidered qar
compmy mpense, snbj@t to cerrain condniom The

6 Tte Compary har onty one reporrable business seqnetrr

7 Th Umudiled fin&oat dsuxs for rheabovepmo-d ue
websirc at tr.w.elaldappdel.coh @d also on ihewbsileofBsE
E Tle figures for lirc omsponding p@vious pe.iods dd NsE
have erever nrcessry, ro make them comDdabte.

I'OR DLAND APPAREL LIMTTED

Drr. : t4 F.brurry, z0l?

Manrging Dirccror
DINt 02229626
 Detoitte
Haskins & Sells LLp
Chr rtered Accountan ts
Dloltte Centre
An(horage ll
100/2 Ri(hmond Road
Bentaturu _ 560 025
India

Telr +91 (080) 6627 6000

Fax: +91 (090) OO27 6013

INDEPENDENT AUDITOR'S REVTEW REPORT ON REVIEW

OF INTERIM FINANCIAL RESULTS
TO THE BOARD OF DTRECTORS OF
E-I.AND APPAREL LIMITED

APPAREL
016 (,'the
33 of the
hich is the

rdance with the Standard on Revlew Engagements

ion performed by the Independent Auditoi of the

J. We draw attention to:

a. Note 3 ofthe Statement. As stated therein,

for the nine months perlod ended December

ture operational plans and cash flows

esffibed in the said Note. The ability
t on the successful outcome of the
b. Note4of the Statement re-garding managerial
69.99 lakhs paid bythe Company
upto March 31, 2016 and RS.2O,G4 lakhJ for t
od ended December 31, 2016, in
excess of the limits prescribed under the Com
one of the Whole Time birectors,
which is subject to approval from the Central

c' Note 5 of the Statement, in respect of'compensation payable

in lleu of bank sacrifice pursuant to
the right of recompense', the outcome of wi'rich ts maferiatry uncertain
and cannot be determined
currently.

Our review conclusion is not qualified in respect of these matters,

Retd omce: 12, or A4nle Elesani Road, opp. shjv sagar Estatq wortl Mumbaj - 400 018, lndta (LLp tdentification No AAB_8737]
Dcloltte
Hrsklns&SellsLLF

4)

Disclosure Requlrements) Regulatlons, 2015, Includlng the manner in whlch lt is to be dlsctosed, or that
it contalns any material mlsstatement.

For DELOITTE HASIGNS & SEL|-S LLP

Chartered Accountants
(Firm's Registratlon No. 117366w/W-100018)

trto-..t
'
v' q-,(--
Montsha parlkh
Partner
(Membershtp No. 47840)
Bangalore
74 Febnrary,2017