kusum iron steel ltd Management discussions


Management Discussion and Analysis

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.