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 R. K. PATNI & CO. 505, Ambience Court, Pfot No. 2,

Ck
Sector-l9D, Opp. Voshi RTO Office,
Voshi, Novi Mumobi-4OO 705, INDIA
CHARTERED ACCOUNTANTs Tef. :+91-22-?7834382 / 2784tO40
R. K. Potni, B.Com. ,F.C.A.. A.C.S.
FoxlD : +91-22-27833033
Emoil : co rkPotni@yohoo.com
:rokeshkpotni@yohoo.co. in
Web :www.corkpco.com

To,
The Boad of Directors,
M/s Hotel Rugby tlmited,
2, Ground Floor,9, Dev Bhuvan,
Gazdar Street, Chirabaza.,
Mumbai4(xxto2

Dea.Slr,

Sub: rReview Report" for the eua.ter ended on 314 Dcember. 2OlG.

we have reviewed th-e accompanying Statement of unaudited Financial Results of M/s, Hotel Rugry Llmited (.the
compan/l for
the quarter ended 31't December, 2016. This statement is the responsibility ofthe companys
tvtanigement anj has oeen approved
bythe Board of Directors. our responsibility is to issue a report onthese finincial statements
based on our review.

we conduded our review in accordance with the Standard on Review Engagement (sRE) 2400, .Engagements
to Review Financial
Statements issued by the Institute of chartered Accountants of India. This sta;dard requires
thai we itJn anJ peJorm tne review to
obtain moderate assurance as to whether the financial statements are free of material
statement. A review is limited primarily to
inquiries of company personnel and analytical procedures applied to financial data
and thus provides less assurance than an audit.
We have not performed an audit and accordingly, we do not express an audit opinion,

Based on our review conducted as above, except that:

a| compliances of th Accounting standard -29 {4$291 regarding disclosure on proylslons,

contingent Liablllties and
Contiluent Assets willbe don at theyearend,
b| Compliances relatlng to Companies Act, 2013 ls subject to verification,

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 & policies has not disclosed
the information required to be disclosed in terms of Regulation 33 of the sEBl (tisting oblilations
and Disclosure Requirements)
Regulationt 2015 includingthe manner in which it is to be disclosed, orthat it contains
any material misstatement.

Thankingyou,
Yours falthfullt
For R.K. Patni & Co.
Chanerd Accountant

#TS +ggar
nr}lb

Proprietor
M.No.43947
FRN:131257W
Str#
Place: Mumbai
Date: t0,O2.2017