chpl industries ltd Management discussions


The Company is not carrying out any specific business. Considering the fact that the Company has adequate resources to continue in operational existence for the foreseeable future and taking into account the management assessment of improvement in the economic condition in general. The Company is getting its revenue out of commission.

Financial performance & review

The Company made a loss of Rs. 72,000/- during current financial year.

Segment wise performance:

As there is no particular operational activity, hence segment wise performance is not applicable. Outlook:

Due to change in the business activity from food business to other activity forecasting outlook is not wise since any particular business not yet started. The Directors are under the process of exploring other avenues of diversifying into new areas of business.

Risks, Concerns and Threats:

Your Company has no specific risks other than normal business issues like COVID-19 Impact which are explained above.

Internal Control Systems and Their Adequacy:

The Company has adequate internal control procedures and has well defined business processes to ensure the efficiency and effectiveness of the efforts that go in managing various assets and interests of the Company.

Cautionary Statement:

The statements in the "Management Discussion and Analysis Report" section describes the Companys objectives, projections, estimates, expectations and predictions, which may be "forward looking statements" within the meaning of the applicable laws and regulations. The annual results can differ materially from those expressed or implied, depending upon the economic and climatic conditions, Government policies and other incidental factors.

Date: 26.08.2023

For & on behalf of the Board

Place: Surat

Callista Industries Limited (Formerly known as CHPL Industries Limited)

Sd/-

Sd/-

Rashmi Ravi Sharma

Ashish Gandhi

Managing Director

Whole time Director

DIN:06618645

DIN:09819105