Pursuant to clause 49 of the Listing Agreement a Management Analysis Report is given below:-
A. Industry Background / Outlook
The Company operates in a solitary business segment i.e. Real estate business. The demand for real estate is ever increasing because of the increased urbanization and limited supply of land.
The Company has a long experience in the real estate business. The Company has inducted into the Board the well-experienced people.
Internal Control Systems and Their Adequacy:
The Company has adequate internal control systems commensurate with the size of its operations and for the purpose of exercising adequate controls on the day-to-day operations. Systems are regularly reviewed to ensure effectiveness.
Material Developments in Human Resources/Industrial Relations:
During the year there are no material developments in Human Resources.
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www.indiainfoline.com is part of the IIFL Group, a leading financial services player and a diversified NBFC. The site provides comprehensive and real time information on Indian corporates, sectors, financial markets and economy. On the site we feature industry and political leaders, entrepreneurs, and trend setters. The research, personal finance and market tutorial sections are widely followed by students, academia, corporates and investors among others.
Copyright © IIFL Securities Ltd. All rights Reserved.
Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213, IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248
This certificate demonstrates that IIFL as an organization has defined and put in place best-practice information security processes.