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Chartered Accountants

LIMITED REVIEW REPORT

To,

The Board of Directors

Market Creators limited

Vadodara -— 390 007.

We have reviewed the accompanying statement of unaudited financial results of MarketCreators Limited for the quarter ended 31/12/2018 being submitted by the Companypursuant to the requirement of Regulation 33 of the SEBI (Listing Obligations and Disclosure

Requirements) Regulations 2015, as modified by Circular No. CIR/CFD/FAC/62/2016 dated

July 5, July 2016. This statement which is the responsibility of the Company’s Managementand approved by the Board of Directors, has been prepared in accordance with the

recognition and measurement principles laid down in the Indian Accounting Standard 34

”Interim Financial Reporting” (”Ind AS 34”) prescribed under Section 133 of the CompaniesAct 2013 read with relevant rules issued thereunder and other accounting principlesgenerally accepted in lndia. Our responsibility is to issue a report on the statement based on

our review.

We conducted our review in accordance with the Standard on Review Engagement (SRE)2400, engagements to Review Financial Statements issued by the Institute of CharteredAccountants of lndia. This standard requires that we plan and perform the review to obtainmoderate assurance as to whether the financial statements are free of material

misstatement. A review is limited primarily to inquiries of company personnel and

analytical procedures applied to financial data and thus provide 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, 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 practicesand policies has not disclosed the information required to be disclosed in terms of

Regulation 33 of the SEBI (listing Obligations and Disclosure Requirements) Regulations2015, as modified by Circular No. CIR/CFD/FAC/62/2016 dated 5th, July 2016, including themanner in which it is to be disclosed, or that it contains any material misstatement.

For Shah & Talati

Chartered Accountants

Place : Nadiad ICAI Re . No. 12018%NDate:05.02.2019

' w. )_‘ cpPH1TEs'I-I’IZ./SHAH

Partner

;Membership No.43521

Email : sntca@rediffmail.com

H.O. : 310-311, Beverly Arcade, Near Woodland Restaurant, College Road, Nadiad — 387 001. Ph. : 2521900/2522900

Branch : 111, Natraj Arcade, Nagarpalika Road, Kapadwanj - 387 620. Ph.: 02691-253900