To- BSE Limited Phiroze Jeeieebor, Tou ers Dalal Street Mr-rmbai - ,+00 001. Scrip Clode: -)333.+3 Through: BSE Listing flcntrc Date: June 30.2020 The National Stock Exchange of India Ltd. "Exchange Plaza" C-1, Block-G Bandra Kurla Complex, Bandra (East) Mumbai - 400 051. Symbol:LOVABLE Through:NEAPS Sub: Outcome of the Board meetins held on 30th June 2020 Dear Sir/ Madam, This is further to the Company's letter dated 23'tJune 2020, intimating the date of Board Meeting. We wish to inform that Board of Directors of the Company at its meeting held today i.e. Tuesday, June 30, 2020, have inter-alia: Pursuant to Regulation 33 of the Securities and Exchange Board of India (Listing Obligations and Disclosures Requirements) Regulations, 2015, the Board of Directors considered and approved Audited Financial Results for the fourth quarter and year ended 3l't March 2020, we are enclosing herewith the following: . Financial results for Fourth quarter and Annual Audited Standalone Financial results for the year ended March 31,2A20; . Auditors report on Standalone Financial results; . Dcclaraliorr rcgarding Atrdit Repor-t u ith unnrodit)ed oprniorr The Boarcl nrccting corrnenced ",g-Lt5m concludecl et L : Aa ltn You are requested to take the above information on your record. Thanking you. Yours faithfully. Forlor\le Lingerie Limi M6 L Vinay Reddy Chairman & Managing Director (DIN: 00202619) LOVABLE LINGERIE LTD. Survey No. I 017, lolugo|npr:ro .riilcge. UlnorhLr li I l.)trli. K(rrrckopuro Mcir! llood. l]ongolor6 - 560 109, Tel : OAti-29754132 / 6d I d\ . [-moil: .:usfo'n..]fi):]r€trlDrrftrleindio,iil, Website i wwrlovobleindlo.ln negd. *ftice ; Cro. .iechnit lnduslrje$, plar i'Jc, A-45, Street No. 2, M.I.D.C ,. Andneri Ii) Mu.I]bui - ri00093. . Te 'cl,lxr J2?-?8383582. 28,?83381
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M6...Cash and cash equivalents as per Balance Sheet (Refer N ote 19) Less: Bankbalances not considered as Cash and cash equivalents as 1,0 05.85 189.77 (293107 482.79 1,195.{;.1 189.77
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The National Stock Exchange of India Ltd."Exchange Plaza" C-1, Block-GBandra Kurla Complex, Bandra (East)Mumbai - 400 051.Symbol:LOVABLEThrough:NEAPS
Sub: Outcome of the Board meetins held on 30th June 2020
Dear Sir/ Madam,
This is further to the Company's letter dated 23'tJune 2020, intimating the date of Board Meeting. Wewish to inform that Board of Directors of the Company at its meeting held today i.e. Tuesday, June30, 2020, have inter-alia:Pursuant to Regulation 33 of the Securities and Exchange Board of India (Listing Obligations andDisclosures Requirements) Regulations, 2015, the Board of Directors considered and approvedAudited Financial Results for the fourth quarter and year ended 3l't March 2020, we are enclosingherewith the following:
. Financial results for Fourth quarter and Annual Audited Standalone Financial results for theyear ended March 31,2A20;
. Auditors report on Standalone Financial results;
. Dcclaraliorr rcgarding Atrdit Repor-t u ith unnrodit)ed oprniorr
The Boarcl nrccting corrnenced ",g-Lt5m concludecl et L : Aa ltnYou are requested to take the above information on your record.
Net increase 1 (decreigg) in Cash and cash equivalents (A+B+CJ
Cash and cash equivalents at the beginning oftle vearCashand cashequivllenls ltthe end ofthgyearRe-conciliation ofCash alq calh equivalentl with the Balance Sheet:Cash and cash equivalents as per Balance Sheet (Refer N ote 19)
Less: Bankbalances not considered as Cash and cash equivalents as
1,0 05.85
189.77
(293107482.79
1,195.{;.1 189.77
1.,195.63 189.i7
Nct Cash and cash equivalents (as defined in AS 3 Casfi irioi,vStcrlentenfs )
inchded rn Note l9
Add: Cut'l cnt i nvt,stnrents considel'cd J s pJt t ul eJs lr u ltl trs Ir t,q rr ir alent
(as delined in ASil /irsirf{ox ,(t,irem€nts) (RefbrNote (ii) to Nott, 1 i,
Cunent invrstnrcnts)
Cash a nd cash equ ivale nts at the e nd o f t he yea r *
+ llonrlrlisr s:
(u) Cuih r,rr hrni[cJ Bulurrics u it I brrrk
(i) In cunr:nt accounts
( iv) lJ npaid J)iridend Accourt
1,195.63 789.77
1,195,63 789,77
35:86
i,its.i44.ZZ
29.79
155.76t11
1,195,63 789.77
See accomDanving notes formins Da ft of the [ina ncial statements
I The above results have been reviewed by the Audit Committee and thereafter approved bythe Board of Directors atthe meeting held on June 30,2020.
2 The above result have been prepared in accordance with the Companies (Indian Accounting
Standards) Rules, 2015 (Ind AS), prescribed under section 133 of the Companies Act, 2013,
and other rccognized accounting practices and policies to the extent applicable. Beginning
Aprtl I,2017, the company has, for the first time. adopted Ind AS with transition date of April1,2016.
3 The Companl,has adopted Ind AS 116 "Leases" rvhich is mandatorl'for the reponing period
beginning on or after April 1 . 20 1 9. Application of IndAs I 1 6 does not have material impact
on the financial results of the company'.
4 During I\{arch 2020" the World Health Organisation declared COVID-19 to be a pandemic.
Consequffito this, Government of India declared a national lock down on March 24, 2A20,
lvhich has impacted the business activities of the Compan1,. The Companl' has assessed and
considered the impact of this pandemic on carn'ing amounts of receivables, other assets and
its business operations including all rclcvant intcmal and cstcmal information available up to
the date of approl,al of these financial results. Based on such evaluation. the management
does not expect an3.'adverse impact on its future cash flor,vs and shall be able to continuc as a
going concern and meet its obligations as and ivhen the-v fall due. Horvever, the eventual
outcome of impact of the global health pandemic ma.v be different fiom those estimated as on
the date of approval of these financial statements. The Companl, lvill continue to monitor
future economic conditions for any significant change.
5 Figures for the quarter ended March 31,2020 and March 31.2019 are balancing tigures
betr.veen the audited figures in respect of the flill Financial Year and the unaudited published
-vear to date figures upto the 3rd quarter of the respective Financial Year.
6 The figures for the previous period/ year have been regrouped/reclassified, wherever
necessary, to conform to the current periodl year classification.
7 As the company's business activity falls within a single segment, therefore disclosurerequirements of the Accounting Standard (AS) 17 "Segment Reporting" prescribed bvcompanies (Accounting Standards) Rules 2006 are not applicable.
Investors can view the AFR of the Company for the quarter and year ended 31.03.2020 on theCo. website www.lovableindia.in or on the website of BSE & NSE. , ,.
Place:Mumbai
Date:3010612020
Lingerie
L Vinay ReddyChairman & Managing(DIN:00202619)
Date: Junc 30. 2020
LOVABLE LINGERIE LTD.Survey No. 1Q/1, Iologoi$puro'/illcge. lJl:rodrolli f l.Jbli, K.rncl'of,,i.,o Mcin l?0od. Bangolore - 56U l 09,Tei :0g0-2?754132 I 6h !41 . i-rrcil: cL]slo.neff:ir{e(1)lo!'olileirdidr,r.r, W(rl}sitc : w\A.,{.lovobleindjo,ln