Ref. No.: AEL/SEC/BM/ZOll-2012 .

Date: - 24th October, 2011

AuSorn Enterprise Limited

To, The Manager, DCS-CRD Corporate Relationship Department, Bombay Stock Exchange Limited, Phiroze Jeejeebhoy Tower, Dalal Street, Mumbai- 400 001.
Ref. No. : 509009 . Sub.:- Proceedings of Board Meeting

Dear Sir, With reference to our previous letter dated 15'~October, 2011 intimating the date Board Meeting and business to be transacted thereat etc., this is to inform you that the Meeting of Board of Directors which was commenced at 12.00 noon today and has considered following business:
1 Considered and Approved the Un-Audited (Provisional) Financial Results for the second .

quarter ended on 3othSeptember, 2011 and Statement of Assets and Liabilities for the half year ended on 3othSeptember, 2011 pursuant to Clause 4 1 of the Listing Agreement. Copy of the same is enclosed herewith for your record purpose. You are therefore requested to take note of the same. Thanking you, For AuSom Enterpri

Company Secretary
C.C. To: - The Listing ~6&t-tmerit;&~loor, ..., _._
I

!:: .
c..

National Stock Exchange of India Limited, "Exchange Plaza", Bandra-Kurla Complex, Bandra (East), Mumbai-400 051

SYMBOL: AUSOMENT SERIES: EQ

Encl : Un-Audited Financial Results Quarter ended 3othSeptember, 2011 Statement of Assets and Liabilities Half year ended 3othSeptember, 2011

Correspondence Address : 606 "SWAGAT",Near Ll Bungalow, a C.G.Road. Ahmedabad-380 006. Phone : +91 79 2642 1422-1499 F x :+91 79 2656 9898 E-mail : ausom.ael@pail.com www. ausom.in a

Registered Office : 1 1 -B. New Ahmedabad Industrial Estate. Sarkhej-Bavla Road. Village - Moraiya - 3 8 2 2 13. D i s t . Ahmedabad,Gujara't, INDIA

AUSOM .ENTERPRISE-,LIMITED
11-6, New Ahmedabad Industrial Estate.
'

SR'

N. O

.;, ..

Village- Moraiya. Sarkhej Bavla Road, Moraiya 382 213. Dist. Ahmedabad UNAUDITED FINANCIAL RESULTS FOR THE HALF M A R AND QUARTER ENDED ON 30TH SEP, 2011 nalf mded on '7 Quarter Urdsd on 30Sep-10 3OSep-11 30-Sep-11.'; .JO-Sep-10 ' - . Unaudited Unaudlted Unaudited ' Unaudited

[RS In Lacs)
Year Ended On Slet March 2011,,:

PART$:ULARS

[Auditedl

'

a Manufacturingsale b Trading sale 1 (a) Net sales (b) Other Operating Income 2 Expenditure : . (a) Decrease (Incraase) in s t d ' i n trade and work in progress (c) purchase of baded goods (d) Staff Cost (a) Depreciation if) Other expenditure (9) Total 3 Profit from Operation before other Income, Interest & Exceptional Items 4 Other Income 5 Profit before Interest& Exceptional Items 6 Interest 7 Prom afler Interest but before Exceptional Items . 8 Exceptional item - Loss on sale of assets 9 Profit(+) 1Loss(-) fmm Ordinary activities before tax 10 Tax Expenses [FBTj Loss(-) from Ordinary activities after tax 11 Profit(+)I 12 Extraordinary Items Loss(-) forthe Period 13 Net Pmfd(+) I 14 Paid-uo - Eauitv Share Caoital ' [ ~ L ~ a l RS.e u i01- each] Preference Share Capital [Face Value Rs. 101- each] 15 Reserve exduding revaluationreserves as per balance sheet of previous acct. year 16 Earning Per Share Basic 8, Diluted EPS (Rs.) before Exlraordinary items Basic & Diluted EPS (Rs.) after Extraordinary items . . 17 Public Shareholding -Number of Shares Percentage of Shareholding 18 Promoters and promoter group shareholding

0.00 13092.21 11274.21 1818.00 14.90 11109.16 1.61 0.05 1397.12 12522.84 569.37 27.44 596.81 397.26 199.55 0.00 199.55 0.00 199.55 0.00 199.55 1362.46

0.00 35885.20 35727.28 157.92 -977.26 36445.99 1.11 0.03 35.03 35504.90 380.30 1. O O 381.30 11.32 369.96 0.00 369.98 0.00 369.98 0.00 369.98 1362.46

0.00 53287.83 47719.52 5568.81 17.40 49131.59 2.63 0.11 2636.93 51788.66 1499.18 48.53 1547.71 961.42 586.28 0.00 586.28 0.00 586.28 0.00 586.28 1362.46

0.00 43073.22 42935.46 137.76 -977.26 43585.87 2.15 0.07 42.15 42652.98 420.24 1.XI 421.24 11.32 409.92 0.00 409.92 0.00 409.92 0.00 409.92 1362.46

0.00 104100.60 101345.50 2755.10 18.30 100748.50 4.60 0.20 1786.90 102558.50 1542.10 100.20 1642.30 889.40 752.90 0.00 752.90 0.00 752.90. 0.00 752.90 1362.46

38.30.465 28.12

42,96883 31.54

3830,465 . 28.12

42,96.883 31.54

39.18,663 28.76

- rercenrage or snare (as a % or me total snarenololng or promoter ana

al Pledoed/Enwmbered -Numb& of Shares promoter group)

I-Percentageof Shares (as a b) Non-encumbered

% of the total share capital of the company)

1
(

Nil Nil(

Nil Nil

Nil Nil1

Nil Nil1

Nil

Nil1

-dumber of Shares -Percentageo shares (as a % of the total shareholdings of pmmotor and : pmmotor group) 1-percentageof shares (as a % of me total share capital ofthe company)
71.88%1 68.46%1 71.88%1 68.46%1 71.24%

IN?!Jrevious
2

year figures have been regrouped and rearrangedto make them comparable with the current year figures

The preference shares of Rs.20 Crores issued by the Company are redeemable in three equal annual installments. The installments of such redemption were due on 9th Dec. 2006 9th'Dec.2007 and 9th Dec 2008.However, the Company has received consent letters from the respective shareholders postponing their right to receive payments of such installmentsof redemption of these shares amounting to Rs. 20.00 crores.

The liability for payment of dividend on Cumulative Redeemable Participating Preference Shares of Rs. 20.00 Crores is not provided in view of loss. The amount of such dividend wmes to Rs. 30.74 Crores up to 31-3-201 1 (P.Y.Rs.27.44 Crores upto 31-3-2010) The wrnpany at present is only engaged in one segment activity i.e. trading of wmrnodities and bullions and hence segment wise report is not required. As per the requirements of Accounting Standard 22, there is no deferred tax liability for the'company. On Account of unabsorbed depreciation and cany forward of losses under tax laws, deffered tax assets are not recognized in view of uncertainty that such deffered tax assets can be realiaed against future taxaMe proflis. No Investor complaint was pending at the beginning of the quarter. During the quarter, one (1) complaint has been received and the same has been resolved satisfactorily. lnvestor may send their wmplaintlgrievance at:- investorcomplaints@gmail.wmwith facts of the case, if any.

4 5

7 The above results.reviewed by the Audit Committee.wereapporved by the Board of Directors in the~r meeting held on 24th October. 2011.
For AUSOM ENTERPRISE LIMITED

Place : Ahmedabad

KISHOR MAN~ALIA MANAGING DIRECTOR

,,-

.--

AUSOM ENTERPRISE LIMITED

11-B, New Ahmedabad Industrial Estate, Village- Moraiya, Sarkhej Bavla Road, Moraiya - 382 21 3 Dist. Ahmedabad
STATWENT OF ASSETS AND LlABlLlTlES

." .PARTICULARS
SHARHOLDERS' FUNDS: (a) Capital (b) Resereve and Surpus LOAN FUNDS TOTAL FIXED ASSETS INVESTMENTS CURRENT ASSETS, LOANS AND ADVANCES (a) Inventories (b) Sundry Debtors (c) Cash and Bank balance (d) Other Current assets (e) Loans and Advances Less: Current Liabilities and Provisions (a) Liabilities . (b) Provisions MISCELLANEOUS EXPENDITURE (NOT WRllTENOFF OR ADJUSTED) PROFIT AND LOSS ACCOUNT TOTAL
,

(Amt in Lacs ) For the Half Year f ~ the Half Year r ended 30.09.11 ended 30.09.10

3362 46 3642.04 292.21 7296.71 2.80 0.00 161.48 118.41 53606.23 3684.85 55329.27
107.09

3362.46 3677.04 0.00 7039.50 2.10 0.00

1 174.46 42.92 42235.19

657.52 431 75.86
20.38

51 59.30 7296.71

6123.55 7039.50

For AUSOM ENTERPRISE LIMITED

Place : Ahmedabad Date : 24.10.2011

MANAGING DIRECTOR