BSL : Resignation

BSL Ltd.

REGO. OFFICE :

26,lndustrial Area,

Gandhi Nagar, BHILWARA-311 001 (Rajasthan) INDIA

Tel.: [phone], 245000

www.bslltd.com

E-mail: [e-mail],

Website: www.bslltd.com

www.bslltd.com

C.I.N.: L24302RJl970PLC002266

REF: BSL/CS/2022-23/

Dated: 10

th

November, 2022

National Stock Exchange of India Ltd

BSE Ltd

Listing Department

De

r,

artment ofCorporate Services

1

Exchange Plaza

25

1

Floor, Phiroze Jeejeebhoy Towers

Bandra Kurla Complex

Dalal Street

Bandra (E)

Kala Ghoda, Fo1t,

Mumbai- 400 051

Mumbai, Maharashtra 400 00 I

NSE Symbol: BSL

BSE Scrip Code: 514045

Subject: Outcome of Board Meeting held on

th

November,

Submission ofun-audited financial results for the quarter and halfyear ended 30

1 h

September, 2022 in

pursuant to Regulation 30 & 33 ofthe SEBI (LODR) Regulations, 2015

Dear Sir/Ma'am,

Pursuant to Regulation 30 & 33 of the SEBI (Listing Obligations and Disclosure Requirements)

Regulations, 2015, this is to inform that the Board ofDirectors ofthe Company, at its Meeting held today,

1

November,

2022, inter alia, has approved and taken on record the following:

i.e.. Thursday, I0 "

1. The Un-audited Financial Results of the Company for the qua1ter and half year ended 30111 September, 2022 and Statement of Assets and Liabilities and Cash Flow as at 301 " September, 2022 along with the Limited Review Report issued by the Statutory Auditors' thereon.

A Copy ofthe above referred Financial Results along with the Limited Review Report is attached herewith as Annexure-A.

1. Resignation ofMs. Aanchal Patni (Membership No. ACS 43 134), as the Company Secretary & Compliance officer ofthe Company, w.e.f. I I1" November, 2022.
2. Appointment ofMr. Shubham Jain, (Membership No. ACS 49973), as the Company Secretary &

111 ovember, 2022.Patni, w.e.Compliance officer ofthe Company in place ofMs. Aanchal f. 12

The requisite details in terms ofSEBI Regulations are attached as Annexure-B.
Further, in.accordance with the Securities and Exchange Board ofIndia (prohibition ofInsider Trading)
Regulatio�s, 2015 and Company's Code of conduct for Prohibition	of Insider Trading, the "Trading
111	November. 2022 for the Directors
Window" for trading in the shares ofthe Company will open from 13
and Key Managerial Personnel, Designated Employees, Connected Persons of the Company and their
immediate relatives.
The md:tingofthe Board ofDirectors commenced at 12.00 Noon and concluded at 2.00 P.M.
Kindly take the same on records.
Thanking you,
Yours Faithfully
For BSL Limited
Aanchal PatniDate: 2022.11.10 14:03:08 +05'30'
Digitally signed by Aanchal Patni
Aanchal Patni
Company Secretary
M. No.: ACS-43134

VEGAN

Tested for harmful subslancos
occo,cing lo Oeko-texl'Sklndotd IOO
No. 09.HIN.68375	Hohenstein

BSL LIMITED

CIN: L24302RJl970PLC002266, Website: www.bslltd.com

Regd. Office: 26, Industrial Area, Gandhi Nagar, Bhilwara (Raj.) 311 001

Tel.: [phone], Email: [e-mail]

UNAUDITED FlNANCIAL RESULTS FOR THE QUARTER AND HALF YEAR ENDED 30TH SEPTEMBER, 2022

Cf In Lac)

Sr. Particulars

No.

• Revenue from operations
• Other [ncome

•3 Total Income (1+2)

Expenses

1. Cost of Material Consumed
2. Purchase ofstock-in-trade
3. Changes in inventories offinished goods, work-in-progress and stock-in-trade

1. Employees benefits expense
2. Finance Cost
3. Depreciation and amonisation expense
4. Power, Fuel & Water
5. Other expenses

Total Expenses

Profit/ (Loss) before £xceptio1rnl Items nnd Tax (3-4)

• Exceptional Items

• Profit/ (Loss) before Tnx (5-6)

• Tax Ex:penses
• 1. Curren, Tax
  2. Deferred Tax

Total Tax Expenses

Profit/(Loss) for the period (7-8)

10 Other Comprehensive Income

{A).(i) Items that will not be reclassified to profit or loss

(ii) Income Tax relating to the items that will not be reclassified to profit or loss

(B).(i) Items thal will be reclassified to profit or Joss

1. Income Tax relating to the items tha1 will be reclassified to profit or loss Totnl Other Comprehensive lilcome
   Total Comprehensive Income (9+10)

1. Paid-UpEquity Share Capital
2. Reserves {Excluding Revaluation Reserves)
3. Earning per Shares (Before & After Extra ordinary Items) (of� 10/- each) (not annualised)
4. 1. Basic EPS (')
   2. Dilu1ed EPS (')

Notes:-

Quarter Ended

30.09.2022	JO 06.2022	JO 09.202 I
13272.24		Unaudited
I I 232.43	I I 638.78
19.39	35.62	11.30
13291.63	I 1268.05	11650.08

6042.63 6537.54 4754.16

461.17 34I.18 265.42

			248.58		(1502.85)		906.81
			1938.22		1863.76		1707.19
			409.74		436.00		313.08
			274.84		286.01		292.21
			1271.29		1253.91		I 085.04
			1990.04		I708.97	1797.75
			12636.51		10924.52		11121.66
			655.12		343.53		528.42
			0.00		0.00		0.00
			655.12		343.53		528.42
			119.74		56.26		154.43
			28.48		13.20		(14.03)
			148.22		69.46		140.40
			506.90		274.07		388.02
			(18.41)		(18.42)		(12.20)
			(4.64)		(4.64)		(308)
			68.88		(76.49)		19.00
			17.34		(19.25)		2.64
			37.77		(71.02)		7 24
			544.67		203.05		395.26
			1029.22		1029.22		1029.22
			4.93		2.66		3,77
			4,93		2.66		3.77

Half Year Ended

30.09.2022 JO 09 2021

24504.67 20279.60

55.01 110.40

24559.68 20390.00

12580.17 9276.23

802.35 511.19

(1254.27) (206.00)

3801.98 3374.94

845.74 606.07

560.85 583.46

2525.20 2053.82

3699.01 3321.93

23561.03 19521.64

1. 868.36

1. 0.00

1. 868.36

1. 256.78

41.68 (29.77)

217.68 227.01

780.97 641.35

(36.83)	(24.39)
(9.28)	(6.14)
(7.61)	(26.86)
(1.91)	(8.90)
(33.25)	(36.2 I)

1. 605.14
   1029.22 1029.22

1. 6.23

7.59

6.23

Year Ended

31032022

Audited 43583.57

15139

43734.96

20793.49

1661.13

(1286 17)

6853.90

1392.80

• 151.70
  4548.97
  7020.73

42136.55

1598 41

0.00

I598.4I

488.11

(37.58)

450.53

1147.88

(73.66)

(18.54)

10.03

0.39

(45.48)

1102.40

1029.22

7901.02

II .15

I I I 5

I. The financial statements of the Company have been prepared in accordance with Indian Accounting Standards (Ind AS) no1ified under the Companies (Indian Accounting Standards) Rules, 2015 as amended by the Companies (Indian Accounting Standards) Amendment Rules. 2016 prescribed under seclion 133 of1he Companies Act. 2013. and 01her recognized accounting practices and policies to the extent applicable.

2. The above financial results were reviewed by the Audit Committee and thereafter were taken on record by the Board of Oirect0rs at their meeting held on I01h November, 2022. The S1atuto1y Auditors have caITied out limited review for the quarter and halfyear ended 30th Sep1ember 2022 and there is no qualification on the same.

1. The Company's capex plan of installation of 29184 Spindles and modernization ofsynthetic spinning, Weaving & Processing division are going as per schedule.
   4. The requiremen1 of"Segment Repo1ting" is not applicable to the Company as it is engaged in single business segmem.
   5,

Place; Kolknta (W.B.)

DAte: 10th November, 2022

CHAIRMAN DIN :(IDOUl71H

													CIN: L24302RJI 970PLC002266, Website: www.bslltd.com
											Regd. Office: 26, Industrial Area, Gandhi Nagar, Bhilwara (Raj.) 311 001
														Tel. : [phone]	Email: [e-mail]						('{ In Lac)
	Particulars		STATEMENT OF ASSETS & LIABILITIES AS ON 30TH SEPTEMBER, 2022
																																Asat
																																					30.09.2022					30.09.2021					31.03.2022
																																						(UNAUDITED)										(AUDITED)
	ASSETS
												- -																7207.54
		(1) Non-current Assets
		(a)		Property, plant and equipment																				7425.74
													7776.32
		(b)		C�ital work in progress													-- 3450.12			20.47					568.10
		(c)		Intangible Assets																				238.43			12.75					11.52
		(d)		Intangible Assets under	developi:nent
																18.40					151.30
																		0.00
		te)		F�nancial Assets										-											4.90
										(i) Loans																			-	6.57			-	9.74
										(ii) Others Finacial Asse�																				209.23	-
														-													265.44							214.26
		(f)		Other non-current assets							-						1257.95			401.82						I 080.63
		m Current Assets							---							12994.82			7875.11					9461.29
		(a)		Inventories																							12100.73					14144.67
		(b)		Financial Assets							-										15619.63
					(i)	Trade Receivables																							8558.04					-
																							9378.67							8929.02
					(ii)	Cash & Cash Equivalents														40.75			10.60					22.90
					(iii) Bank Balances (Other than ii above)
											38.61			39.40					36.30
					(iv)	Loans & Deposits															---		--		76.05			--	--
	�																					73.39							68.31
		(v)	Ot�er financial Assets																		122.81			89.75					189.63
		(c)		Current Tax Assets (Net)																		9.72			0.00					37.43
		(d)		Other Current Assets																			2126.13			-					2315.75
																																							2099.34
																																					27409.71			22973.91					25744.01
																																					30849.02					35205.30
		TOTAL ASSETS																				40404.53
-EQUITY AND LIABILITIES																					-1029.22
		EQUITY										-																			--
�) Equity Share Capital																									1029.22
																			1029.22
		(b) Other Equity																				8525.24			7403.76					7901.02
-																																							8432.98						8930.24
																		----										9554.46
		LIABILITIES
		(I) Non - Current Liabilities
		(a)	Financial Liabilities																																-
					(i) Long Term Borrowings																					3162.02
																-						7042.62							4521.50
					(ii)	Other Financial Liabilities														106.24			106.11					105.91
		(b) Deferred Tax Liabilities (Net)								-	- -		476.14			434.90					436.37
		(c) Deferred 9o�ernment Grant																		7.10			27.48					12.55
		(d) Other Non Current Liabilities														20.37			29.76					20.78
																																						7652.47					3760.27					5097.11
		(2) Current Liabilities
		(a) Financial Liabilities
					(i) Short Term Borrowings																	14870.11			12539.17					14078.80
				(ii) Trade P�yables																							3495.45					-
																							5257.87							4763.31
				(iii) Other Financial Liabilities														2923.48			2394.05					2161.92
		(b) Current Tax Liabilities (Net)														0.00			77.96					0.00
		(c) Deferred Government Grant																		20.38			34.39					31.23
		(d) Other Current Liabilities																		125.76			114.75					142.69
																																								18655.77					21177.95
																																					23197.60			30849.02					35205.30
		TOTAL EQUITY AND LIABILITIES													40404.53
		Place: Kolkata (W.B.)													�			�											By order of the �
		Date: 10th No'ember, 2022																											For_asL.{i,�d
																																							�� �c;:.,�-�-·	"'
																																												(ARUNCHU3
																															VII)			Vt•														CHAIR!
																														I (.�													DIN: 00001718	D

�

BSL LIMITED

STATEMENT OF CASH FLOW FOR THE HALF YEAR ENDED 30TH SEPTEMBER, 2022

Particulars

1. CASH FLOW FROM OPERATING ACTIVITIES:
   Profit Before Tax
   �djustments for: Depreciation and Amortisation Interest Paid
   Defined Benefit Plan (OCI)
   Loss / (Profit) on sale of Property, Plant & Equipment & Intangible Assets

Deferred Re�nue expenditui:e __
___9perating Profit Before Working Capital Changes___	___
Adju�tments for:			__
(Increase)/Decrease in Non - current Financial Assets - Loan
(Increase)/Decrease in Non - current Financial Assets
(Increase)/Decrease in Non - current Assets - Others
(Increase)/Decrease in Inventories
(Increase)/Decrease in Trade Receivables	--
,________,_	----	-
Qncrease)/Decrease in Current Financia� '.'.'-ssets - Loan & Deposits
(Increase)/Decrease in Current Financial Assets - Others	__
�crease)/Decrease in s:;urrent_Assets - Others

Increase/(De�rease) in Non - current Financial Liabilities - Others Increase/(�ecrease) in Non - current Liabilities - Others Increase/(Decrease) in Trade Payables

Increase/(Decrease) in Current Fi!1ancial Liabilities - Others

__ Incre�e/(Decrease) in Current Liabilities - Others
.__ Cash Generated from operatio1;s
Direct taxes (paid)/ Recd		(A)
Net cash flow from operating activities
-	---

B) CASH FLOW FROM INVES:!'ll�G ACTIVITIES:

�Purchases of Property, Plant & Equipment and Intangible Assets

Sales orProperty, Plant & Equipment and Intangible Assets

Net cash flow from investing activities

(B)

1. CASH FLOW F_ROM FINANCING ACTIVITIES Proceeds from Term Loans

• Repayment of Term Loans

Proceeds/(Repayment) of current borrowings
'---·
�ividend paid
Interest paid	( C )
Net cash flow from financing activities

• Net increase in cash�� cash equivalents_(A+B+C)
  Openin� cash and cash equ�v�lents __ Closing cash and cash equivalents

Place: Kolkata (W.B.)

Date: 10th November, 2022

-

Six Month	(� in Lac)
Year Ended
Ended
30.09.2022	31.03.2022

998.65 1,598.41

560.85 l,15I.70

751.32 1,235.52

(36.83) (73.66)

(19.80)		(21.77)
4.48		(49.60)
2,258.67		3,840.60
3.17	1---	(3.64)
(51.18)		(53.20)
(177.32)		(1,063.80)
(1,474.97)		(2,536.07)
(449.65)		(1,977.26)
(5.08)		(25.82)
64.51		(I 8.82)

1. (375.91)

1. (1.20)

(0.41) (13.53)

1. 2,698.02

1. 186.06

(16.93) 39.26

1,589.27 694.69

(139.01) (437.00)

1,450.26 257.69

(3,892.96) (I,609.09)

36.59 87.21

(3,856.37) (1,521.88)

3,068.07 2,883.43

(733.43) (1,408.26)

964.15 1,035.92

(123.51)		-
(751.32)	(1,235.52)
2,423.96	1,275.57
17.85		11.38
22.90		11.52
40.75		22.90
By order of the Board
(ARIIN ClaforoT	�Ji,;�"'�
r,	For BSL L�	I
L,.__,-._rl;i V
�.	.�-,

CHAIRMAN�

DIN: 00001718