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V2 Retail

BSE: 532867|NSE: V2RETAIL|ISIN: INE945H01013|SECTOR: Retail
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Directors Report Year End : Mar '18    Mar 17

Dear Member’s

It gives me great pleasure to share with you the performance of your company along with audited accounts for the financial year ended March 31, 2018.

1. State of company Affairs

The Financial Year 2017-18 was marked with volatility and disruptions due introduction of GST and its impacts. Your company however continued to perform consistently well in these challenging times and deliver better results. With sales at RS.559 Crore, V2 retail has registered an overall growth of 19% in the turnover. EBIDTA at RS.55 Crore has also grown by 28% over previous year.

In order to strengthen its market share, the company have added 12 stores and also taken steps to improve the supply chain network. Besides, efficiency improvement and cost optimisation have been followed vigorously across all the functions of the organisation.

Financial Results

The operating results of the Company for the year under review are as follows:

(Rs. in lakhs)

Particulars

For the Year ended

For the Year ended

31.03.2018

31.03.2017

Revenue

56,265.91

47,363.75

Profit before Interest, Depreciation & Taxation

5,498.92

4,311.62

Interest & Finance Costs

57.49

861.39

Depreciation and amortisation

840.64

614.48

Profit from Operations before Exceptional Items and Tax

4,600.79

2,835.75

Exceptional Items

-

2,331.44

Profit before Taxation

4,600.79

5,167.19

Less : Provision for Taxation

- Current Tax

-

-

- Deferred Tax

1,492.59

1,264.03

Profit After Taxation

3,108.20

3,903.16

2. Operations Review

The Company continued with its strategy to establish “V2” brand of Retail stores across north, east and central part of India during the year. It is one of the fastest growing retail company in India and enjoys strong brand equity from customers across segments.

During the year, the number of “V2” stores increased to 49 (forty-nine) with total retail area in excess of 5.56 lakhs sq. ft. The Company added 16 (sixteen) and closed 4 (four) stores during the year.

During the year under review, the Company continued to focus on enhancing the capability of the organization and towards the achievement of this goal, the Company has been taking a number of initiatives.

3. Dividend

Implementation of landmark reforms like GST and immense growth opportunity for the organised retail industry in India, your Directors intend to retain internal accrual for business growth of company. Therefore, the Board of Directors does not propose to declare any dividend for this year.

4. Transfer to Reserve

Your Directors do not propose to transfer any amount to the general reserve.

5. Material changes and commitments

Company have adopted IND-AS for the first time from financial year 2017-18, except the above No material changes and commitments have occurred from the date of close of the financial year till the date of this Report, which might affect the financial position of the Company.

6. Share Capital

The paid - up share capital of the Company was increased from RS.3092.27 lakhs to RS.3392.27 lakhs as on March 31, 2018.

During the year the Company made allotment of 20,00,000 shares to India 2020 Fund II, Limited at a price of RS.380/- per Equity Shares amounting to RS.7600 lakhs and conversion of 10,00,000 warrants into 10,00,000 Equity Shares amounting to RS.562.50 lakhs (being remaining 75% amount) pursuant to exercise of option for conversion of warrants by M/s Ricon Commodities Private Limited (Promoter Group).

7. Transfer to Investor Education Protection Fund

Pursuant to the provisions of Section 205C of the Companies Act, 1956 (Section 125 of the Companies Act, 2013), your Company has not transferred any amount during the year 2017-18 to the Investor Education and Protection Fund.

8. Employee Stock Option Scheme

The Company has implemented a V2R-Employee Stock Option Scheme 2016 (‘ESOP 2016’), which was approved by the members at the Annual General Meeting held on September 30, 2016. Your Directors have approved grant of options to the eligible employees of the Company under the scheme ‘V2R-Employee Stock Option Scheme 2016’ (‘ESOP 2016’).

The information required to be disclosed under SEBI (Share Based Employee Benefits) Regulations, 2014 as on March 31, 2018 are as follows:

Particulars

Details

Date of Shareholders Approval

September 30, 2016

Number of Options

12,44,380 (Twelve lakh forty four thousand three hundred eighty) options to be convertible into equal number of fully paid up Equity Shares of the Company of face value of RS.10 each.

Number of options outstanding at the

246,763

beginning of the year

Number of options granted during the year

25,596 (net of ESOP lapsed during the year)

Number of options forfeited / lapsed

44,650

Number of options vested during the year

-

Number of options exercised during the year

-

Number of shares arising as a result of

-

exercise of options

Money realized by exercise of options

-

Number of options outstanding at the end of

227,709

the year

Number of options exercisable at the end of

227,709

the year

Exercise Pricing Formula

Exercise price is Face Value of the Share of the company as on date on which the options are exercised by employee.

Person-wise details of options granted as on March 31, 2018:

Particulars

Details

Key Managerial Personnel

Vipin Kaushik, CFO, (2273 ESOP Option)

Umesh Kumar, Company Secretary & Compliance Officer (2810 ESOP Option)

Any other employee who receives a grant of options in any one year of option amounting to five percent or more of options granted during that year

Nil

Identified employees who were granted option, during any one year, equal to or exceeding one percent of the issued capital (excluding outstanding warrants and conversions) of the Company at the time of grant

Nil

9. Bonus issue

Company has not allotted/transferred or issued any bonus shares during the year.

10.Change in The nature of the Business, if any

There was no change in the nature of business of the Company during the financial year ended March 31, 2018 except alteration of MOA of the company as approved by member of the company through postal ballot during the year w.e.f. September 21, 2017.

Further Company is planning to broaden its operations by adding new retail stores for strengthening existence and to reach amongst the larger consumer base to enhance its turnover and operating revenue.

11. Internal Control systems and their adequacy

Your Company has in place, an adequate system of internal controls commensurate with its size, requirements and the nature of operations. These systems are designed keeping in view the nature of activities carried out at each location and various business operations.

Your Company’s in-house internal audit department carries out internal audits at all stores locations, offices and warehouse / distribution centre across all locations of the country. Their objective is to assess the existence, adequacy and operation of financial and operating controls set up by the Company and to ensure compliance with the Companies Act, 2013, SEBI (Listing Obligations & Disclosures Requirements) Regulations, 2015 (SEBI Listing Regulations, 2015) and corporate policies.

Board of Directors of the company has appointed M/s. Sharma G & Associates (FRN No. 027579N), Chartered Accountant, as the Internal Auditor of the Company to conduct the Internal Audit Functions for Financial Year 2017-18.

A summary of all significant findings by the audit department along with the follow-up actions undertaken thereafter is placed before the Audit Committee for review. The Audit Committee reviews the comprehensiveness and effectiveness of the report and provides valuable suggestions and keeps the Board of Directors informed about its major observations, from time to time.

12. Internal financial controls

The Company has in place adequate financial controls commensurate with its size, scale and complexity of its operations. The Company has in place policies and procedures required to properly and efficiently conduct its business, safeguard its assets, detect frauds and errors, maintain accuracy and completeness of accounting records and prepare financial records in a timely and reliable manner.

13. Segment Reporting

The Board wishes to inform you that Segment Reporting is not applicable to the Company.

14. Cash Flow Analysis

The Cash Flow Statement for the year, under reference in terms of Regulation 36 of SEBI (LODR) Regulations, 2015 is annexed with the Annual Accounts of the Company.

15. Subsidiary companies, joint ventures and associate companies

The Company had no subsidiary and joint venture during the financial year 2017-18. Further, there are no associate companies within the meaning of Section 2(6) of the Companies Act, 2013 (“Act”).

16. Consolidated financial statements

The Company is not having any Subsidiary Companies; therefore, applicable provisions of Companies Act, 2013 and the Accounting Standard AS-21 in relation to Consolidation of Financial Statements do not apply on the Company.

17. Deposits

The Company has not accepted any deposits covered under Chapter V of the Companies Act, 2013 read with The Companies (Acceptance of Deposits) Rules, 2014.

18. Secretarial Standards of ICSI

The Ministry of Corporate Affairs has mandated SS-1, SS-2 and SS-3 with respect to board meetings, general meetings and payment of dividend respectively. The Company is in compliance with the same.

19. Auditors and Auditors’ Report

Statutory audit

Your Company’s Auditors, M/s. Walker Chandiok & Co LLP, Chartered Accountants, Delhi (Firm Registration No. 001076N/N500013), were appointed as the Statutory Auditors of the Company from the conclusion of 16th Annual General Meeting till the conclusion of the 21st Annual General Meeting of the Company subject to ratification by members every year.

The Company has received a certificate from the Auditor under section 141 of the Companies Act 2013 to the effect that they are eligible to continue as Statutory Auditors of the Company.

The Auditor’s have put certain qualifications in their report to which the management has put forward the following below mentioned replies;

Qualification and response to Auditor’s Report

(i) As stated in Note 7 to the financial results, the Company’s other equity as at March 31, 2018 includes an amount of RS.365.36 lakhs in the nature of capital reserve arising out of business restructuring carried out in earlier years, for which the Company’s management has not been able to provide necessary reconciliation and information. In the absence of sufficient appropriate audit evidence, we are unable to comment upon the appropriateness and classification of the aforesaid balance, and the consequential impact, if any, on the financial results.

Management Response: The Company restructured its business in the financial year 2010-11 resulting in creation of capital reserve amounting to RS.60,523.24 lakhs. The aforementioned reserve has been reconciled except for RS.365.36 lakhs which the Company is in the process of reconciling. However, the management believes that there is no impact of the same on statement of profit and loss.

(ii) As stated in Note 8 to the financial results, the Company’s contingent liabilities as at 31 March 2018 include an amount of RS.2,542.65 lakhs relating to litigations pending with various authorities, for which the Company’s management has not been able to provide necessary details and information. In the absence of sufficient appropriate audit evidence, we are unable to comment upon the appropriateness and classification of the aforesaid amounts including management’s evaluation of likely outcome of such litigations in accordance with Ind AS 37, “Provisions, Contingent Liabilities and Contingent Assets” and the consequential impact, if any, on the financial results.

Management Response: Out of contingent liabilities existing as at 31 March 2018, certain liabilities aggregating to RS.2,542.65 lakhs are under appeal with different authorities at different levels. Whilst the impact of contingent liabilities on these results can only be ascertained on the settlement of such cases/ disputes, management has broadly assessed that based on the merits of such cases, the Company has reasonably good chances on succeeding and accordingly, no provision has been recognised in these financial results.

Secretarial audit

Pursuant to the provisions of Section 204 of the Companies Act 2013, and the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014, the Company has appointed M/s Sunpreet Singh & Associates, Company Secretaries, New Delhi, as its secretarial auditor to undertake the secretarial audit for FY 2017-18. The secretarial audit report certified by the secretarial auditors, in the specified form MR-3 is annexed herewith and forms part of this report and enclosed as Annexure-I. The secretarial audit report does not contain any qualifications, reservations or adverse remarks.

20. Frauds Reported By Auditor Under Section 143 (12) Other Than Those Which Are Reportable To The Central Government

There are no such frauds reported by auditor, which are committed against the Company by officers or employees of the Company.

21. Conservation energy, technology and foreign exchange outgo

The particulars of conservation of energy, technology absorption and foreign exchange earnings and outgo in accordance with the provisions of Section 134(3) of the Companies Act, 2013 read with Rule 8 of the Companies (Accounts of Companies) Rules, 2014, is annexed herewith and forms part of this Report and enclosed as Annexure-II.

22. Extract of Annual Returns

In terms of provisions of Section 92, 134(3) (a) of the Companies Act, 2013, read with Rule 12 of the Companies (Management and Administration) Rules, 2014, the extracts of the annual return in form MGT 9 is annexed herewith and forms part of this Report as Annexure-III and same is displayed on the website of the company i.e. www.v2retail.com.

23. Corporate social responsibility

Corporate social responsibility forms an integral part of your Company’s business activities. Your Company is a responsible corporate citizen, supporting activities which benefit the society as a whole. In compliance with Section 135 of the Companies Act, 2013 read with Companies (Corporate social Responsibility Policy) Rules, 2014, the Company has adopted a CSR policy which is available at www.v2retail.com

The disclosures as per Rule 9 of Companies (Corporate Social Responsibility Policy) Rules, 2014 shall be made as Annexure - IV.

24. Directors and key managerial personnel

In accordance with provisions of Section 152 of the Act read with Rules made thereunder, Mrs. Uma Aggarwal (DIN 00495945), Whole Time Director is liable to retire by rotation at the 17th AGM and being eligible, offer herself for reappointment.

At the 16th Annual General Meeting held on Friday, 29th September 2017, the Shareholders have reappointed Mr. Ram Chandra Agarwal as chairman and Managing Director of the company for a period of 5 years w.e.f November 22, 2016 and Mr. Akash Agarwal as Whole time Director of the Company for a period of 5 years w.e.f. 29.09.2017.

Independent Directors namely, Mr. Siya Ram & Mr. Jitender were appointed as Independent Director of the Company for a consecutive term of five years at 16th Annual General Meeting of the Company.

Mr. Manshu Tandon has been appointed as Chief Executive Officer of the Company w.e.f. October 16, 2017 and Mr. Vipin Kaushik Appointed as Chief Financial Officer w.e.f. May 30, 2017.

Mr. Rohit Singh Rautela, Independent Director has resigned from the Board of Directors of the Company w.e.f. May 03, 2017 and Mr. Varun Kumar Singh has resigned from Chief Financial Officer of the company w.e.f. May 23, 2017.

All the Independent Directors have submitted their declaration to the Board confirming that they meet the criteria of independence as stipulated in Section 149(6) of the Companies Act, 2013 read with Regulation 16 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

None of the Directors of the Company is disqualified for being appointed as Director, as specified in Section 164(2) of the Companies Act, 2013 and Rule 14(1) of the Companies (Appointment and Qualification of Directors) Rules, 2014.

A brief resume of the Director proposed to be reappointed, is provided in the Notice of the Annual General Meeting forming part of the Annual report.

The Key Managerial Personnel (KMP) in the Company as per Section 2(51) and 203 of the Companies Act, 2013 are as follows:

1. Mr. Ram Chandra Agarwal: Chairman & Managing Director

2. Mrs. Uma Agarwal: Whole-time Director

3. Mr. Akash Agarwal : Whole-time Director

4. Mr. Manshu Tandon: Chief Executive Officer

5. Mr. Umesh Kumar: Company Secretary & Compliance Officer

6. Mr. Vipin Kaushik : Chief Financial Officer

25.Board induction, training and familiarization programme for Independent Directors

Prior to the appointment of an Independent Director, the Company sends a formal invitation along with a detailed note on the profile of the Company, the Board structure and other relevant information. At the time of appointment of the Director, a formal letter of appointment which inter alia explains the role, functions, and responsibilities expected of him/her as a Director of the Company is given. The Director is also explained in detail about the various compliances required from him/ her as a Director under the various provisions of the Companies Act 2013, SEBI Listing Regulations, 2015, SEBI (Prohibition of Insider Trading) Regulations, 2015, the Code of Conduct of the Company and other relevant regulations.

A Director, upon appointment, is formally inducted to the Board. In order to familiarise the Independent Directors about the various business drivers, they are updated through presentations at Board Meetings about the performance and Financials of the Company. They are also provided presentations/booklets about the business and operations of the Company.

The Directors are also updated on the changes in relevant corporate laws relating to their roles and responsibilities as Directors. The details of the Board familiarization programme for the Independent Directors can be accessed at www.v2reatil.com

26. Performance evaluation

Pursuant to the provisions of Section 178 of the Companies Act, 2013 read with rules made thereunder, Regulation 17(10) of and the SEBI Listing Regulations and the Guidance note on Board evaluation issued by SEBI vide its circular dated January 5, 2017, the Company has framed a policy for evaluating the annual performance of its Directors, Chairman, the Board as a whole, and the various Board Committees. The Nomination and Remuneration Committee of the Company has laid down parameters for performance evaluation in the policy, they include:

- Attendance

- Preparedness for the meeting

- Staying updated on developments

- Active participation in meetings

- Constructive contributions/positive attributes

- Engaging with and challenging management team without being confrontational or obstructive

- Protection of stakeholder interests

- Contribution to strategic planning

- Carrying out responsibilities as per the code of conduct

The Board also evaluated the performance of each of the Directors, the Chairman, the Board as whole and all committees of the Board. The process of evaluation is carried out in accordance with the Board Evaluation Policy of the Company and as per criteria suggested by SEBI.

27.Number of meetings of the Board

The Board of Directors held Twelve meetings during the year on April 17, 2017; May 05, 2017; May 30, 2017; July 31, 2017; August 21, 2017; September 12, 2017; October 07, 2017; October 16, 2017; December 11, 2017; January 09, 2018; February 03, 2018; March 30, 2018 The maximum time gap between any two meetings was less than 120 days as stipulated under SEBI’s Listing Requirements, 2015. The details of Board Meetings held and attendance of Directors are provided in the Report on Corporate Governance forming part of this report.

28. Separate meeting of Independent Directors

Details of the separate meeting of the Independent Directors held and attendance of Independent Directors therein are provided in the Report on Corporate Governance forming part of this report.

29. Committees of the Board

The Company has constituted/reconstituted various Board level committees in accordance with the requirements of Companies Act 2013. The Board has the following committees as under:

I. Audit Committee

II. Nomination and Remuneration Committee

III. Stakeholders Relationship Committee

IV. Corporate Social Responsibility Committee

Details of all the above Committees along with composition and meetings held during the year under review are provided in the Report on Corporate Governance forming part of this report.

30. Whistleblower policy

The Company has established an effective whistle blower policy (vigil mechanism) and procedures for its Directors and employees; details of which are provided in the Report on Corporate Governance which forms part of this report. The policy on vigil mechanism may be accessed on the Company’s website at: www.v2retail.com

31. Remuneration policy

The remuneration policy of the Company aims to attract, retain and motivate qualified people at the executive and at the board levels. The remuneration policy seeks to employ people who not only fulfil the eligibility criteria but also have the attributes needed to fit into the corporate culture of the Company. The remuneration policy also seeks to provide well-balanced and performance related compensation packages, taking into account shareholder interests, industry standards and relevant regulations.

The remuneration policy ensures that the remuneration to the directors, key managerial personnel and the senior management involves a balance between fixed and incentive pay reflecting short and long-term performance objectives appropriate to the working of the company and its goals. The remuneration policy is consistent with the ‘pay-for-performance’ principle. The Company’s policy on remuneration and appointment of Board members as mentioned in the Remuneration Policy has been disclosed at the company’s website www.v2retail.com. and annexed with the Directors’ Report which forms part of the Annual Report as Annexure-VI.

32. Related party transactions

All related party transactions entered into by the Company during the financial year were at arm’s length. During the year the Audit Committee had granted an omnibus approval for transactions which were repetitive in nature for one financial year and all such omnibus approvals were reviewed by the Audit Committee on a quarterly basis. No material contracts or arrangements with related parties were entered into during the year under review. All related party transactions were placed in the meetings of Audit Committee and the Board of Directors for the necessary review and approval. Your Company’s policy on related party transactions, as approved by the Board, can be accessed at: www.v2retail.com

33. Particulars of loans, guarantees and investments

During the financial year ended March 31, 2018 the Company has made an investment of RS.8965.30 lakhs in accordance with section 186 of the Companies Act 2013 are given in the notes to financial statements. During the year, the company has not granted loans, guarantee and or provided any security.

34. Particulars of employees and managerial remuneration

The information of employees and managerial remuneration, as required under Section 197(2) read with Rule 5 of the Companies (Appointment and Remuneration of Managerial Personnel) Rules 2014, and other details are annexed herewith and forms part of this report as Annexure-V.

35. Management discussion and analysis and Corporate Governance Report

As per Regulation 34(3) read with schedule V of the SEBI Listing Regulations 2015, Management Discussion Analysis, Corporate Governance Practices followed by your Company, together with a certificate from the Company’s auditors confirming compliance of conditions of Corporate Governance are an integral part of this report.

36. Risk Management system

The Company has developed and implemented a risk management policy which is periodically reviewed by the management. In accordance with Regulation 21 of SEBI Listing Regulations, 2015, the enterprise risk management policy of the Company, which has been duly approved by the Board, is reviewed by the Audit Committee and the Board on a periodic basis. The risk management process encompasses practices relating to identification, assessment, monitoring and mitigation of various risks to key business objectives. Besides exploiting the business opportunities, the risk management process seeks to minimise adverse impacts of risk to key business objectives.

37. Prevention of sexual harassment at workplace

Your Company is committed to provide a work environment which ensures that every woman employee is treated with dignity, respect and equality. There is zero-tolerance towards sexual harassment and any act of sexual harassment invites serious disciplinary action.

The Company has established a policy against sexual harassment for its employees. The policy allows every employee to freely report any such act and prompt action will be taken thereon. The policy lays down severe punishment for any such act. Further, your Directors state that during the year under review, there were no cases of sexual harassment reported to the Company pursuant to the sexual Harassment of Women at Workplace (Prevention, Prohibition and Redressal) Act, 2013.

38. Depository Systems

Company’s shares are compulsorily tradable in electronic form. As on March 31, 2018, 2,93,13,533 Equity Shares stand with the NSDL Account and 44,50,512 Equity Shares stand with the CDSL and 1,58,639 Equity Shares stands in physical form.

The Company has entered into agreements with both National securities Depository Limited (NSDL) and Central Depository services (India) Limited (CDSL) whereby shareholders holding Shares in physical mode are requested to avail of the dematerialization facility with either of the depositories.

Your Company has appointed M/s Link Intime India Private Limited, a Category-I SEBI registered R&T Agent as its Registrar and Share Transfer Agent.

39. Listing Of Shares

The Company’s shares are listed and actively traded on the below mentioned Stock Exchanges:-

I. National Stock Exchange of India Limited (NSE)

“Exchange Plaza” C-1, Block G,

Bandra-Kurla Complex,

Bandra (East), Mumbai - 400051

II. BSE Limited (BSE)

Phiroze Jeejeebhoy Towers,

25th Floor, Dalal Street,

Mumbai - 400001

40. Details of significant and material orders passed by regulators/courts/ tribunals

There was no instance of any material order passed by any regulators/courts/tribunals impacting the going concern status of the Company.

41. Dividend Distribution Policy

The Company has formulated a dividend distribution policy which is enclosed as Annexure-VII and the same is also displayed on the website of the company i.e. www. v2retail.com.

42. Industrial Relations

The Company maintained healthy, cordial and harmonious industrial relations at all levels. The enthusiasm and unstinting efforts of Employees have enabled the Company to remain at the leadership position in the industry. It has taken various steps to improve productivity across organization.

The Board also takes this opportunity to express its deep gratitude for the continued co-operation and support received from its valued shareholders

43. General

Your Directors state that no disclosure or reporting is required in respect of the following items as there were no transactions on these items during the year under review:-

a) Issue of the equity shares with differential rights as to dividend, voting or otherwise.

b) Issue of shares (including sweat equity shares) to Directors or employees of the Company.

c) Purchase of or subscription for shares in the Company by the employees of the Company except ESOP.

d) There is no subsidiary of the Company, so no policy on material subsidiary is required to be adopted.

e) As there is no subsidiary or holding Company of your Company, so Managing Director and Whole Time Directors of the Company does not receive any remuneration or commission from any of such Companies.

44. Directors’ Responsibility Statement

Pursuant to the requirement under Section 134(5) of the Companies Act, 2013 with respect to Directors’ Responsibility statement, the Directors confirm that:

1) In the preparation of the annual accounts for the year ended March 31, 2018, the applicable accounting standards have been followed and no material departures have been made there from. The Directors have selected such accounting policies and applied them consistently and made judgments and estimates that are reasonable and prudent so as to give a true and fair view of the state of affairs of the Company as at March 31, 2018 and of the profit of the Company for the year ended on that date.

2) The Directors have taken proper and sufficient care for the maintenance of adequate accounting records in accordance with the provisions of the Companies Act, 2013 for safeguarding the assets of the Company and for preventing and detecting fraud and other irregularities.

3) The annual accounts were prepared on a going concern basis.

4) The Directors have laid down effective internal financial controls to consistently monitor the affairs of the company and that such internal financial controls were adequate and operating effectively.

5) The Directors have devised a proper system to ensure compliance with the provisions of all applicable laws and the same are adequate and operating effectively.

45. Disclosure with Respect to DMAT suspense account /unclaimed suspense account;

No DMAT suspense account /unclaimed suspense account reported by RTA, NSDL and CDSL to the company.

46. Acknowledgements

Your Directors would like to acknowledge and place on record their sincere appreciation of all stakeholders - shareholders, bankers, dealers, vendors and other business partners for the excellent support received from them during the year under review. Your Directors recognise and appreciate the efforts and hard work of all the employees of the Company and their continued contribution to its progress.

For and on behalf of the Board

Ram Chandra Agarwal

Chairman and Managing Director

DIN 00491885

Place: Delhi

Date: 01-09- 2018

Source : Dion Global Solutions Limited
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