pearl global industries ltd Management discussions

The Management Discussion and Analysis Report on the
operations of the Company, as required under the Listing
Regulations is provided in a separate section and forms an
integral part of this Report.

BUSINESS RESPONSIBILITY AND SUSTAINABILITY
REPORT

As per Regulation 34(2)(f) of Listing Regulations a Business
Responsibility and Sustainability Report is attached and
forms part of this Annual Report.

PARTICULARS OF EMPLOYEES AND RELATED

DISCLOSURES

The Disclosure required under Section 197(12) of the Act
read with the Rule 5(1) of the Companies (Appointment
and Remuneration of Managerial Personnel) Rules, 2014, is
annexed as Annexure VI and forms an integral part of this
Report.

The statement comprising the names of top 10 employees in
terms of remuneration drawn and every persons employed
throughout the year, who were in receipt of remuneration
in terms of Rule 5(2) and Rule 5(3) of the Companies
(Appointment and Remuneration of Managerial Personnel)
Rules, 2014 is annexed as Annexure VII and forms an
integral part of this annual report. The said Annexure is not
being sent along with this annual report to the members
of the Company in line with the provisions of Section 136
of the Act. Members who are interested in obtaining these
particulars may write to the Company Secretary at the
Registered Office of the Company. The aforesaid Annexure
is also available for inspection by Members at the Registered
Office of the Company, 21 days before and up to the date
of the ensuing Annual General Meeting during the business
hours on working days. None of the employees listed in the
said Annexure is a relative of any Director of the Company.
None of the employees hold (by himself/herself or along
with his/her spouse and dependent children) more than two
percent of the Equity Shares of the Company.

CONSERVATION OF ENERGY, TECHNOLOGY ABSORPTION
AND FOREIGN EXCHANGE EARNINGS AND OUTGO

The particulars relating to conservation of energy,
technology absorption, foreign exchange earnings and
outgo, as required under Section 134(3)(m) of the Act, is
annexed Annexure VIII.

TRANSFER TO INVESTOR EDUCATION AND PROTECTION
FUND

The Company has transferred unclaimed/unpaid dividend
amounting to Rs.3,69,306/- during the financial year 2022-
23 to Investor Education and Protection Fund (IEPF)
established by the Central Government, in compliance
with the Act. The above said amount represents unclaimed
dividend for the financial year 2014-15 which was lying
with the Company for a period of seven years. Further,
the Company has transferred 5,129 shares to Investor
Education and Protection Fund Authority established by the
Central Government, in compliance with the Act.

Any shareholder whose shares or unclaimed dividend have
been transferred to the IEPF, may claim the shares under
provision to Section 124(6) of the Act, or apply for refund
under Section 125(3) of the Act, as the case may be, to the
Authority by making an application in Web Form IEPF-5
available on website www.iepf.gov.in.

DETAILS OF SIGNIFICANT AND MATERIAL ORDERS
PASSED BY THE REGULATORS OR COURTS OR
TRIBUNALS IMPACTING THE GOING CONCERN STATUS
AND COMPANYS OPERATIONS IN FUTURE

No significant and material orders were passed by the
regulators or courts or tribunals impacting the going
concern status and Companys operations in future.

INSOLVENCY AND BANKRUPTCY CODE

No application has been made under the Insolvency and
Bankruptcy Code. The requirement to disclose the details
of application made or any proceeding pending under the
Insolvency and Bankruptcy Code, 2016 (31 of 2016) during
the year along with their status as at the end of the financial
year is not applicable.

REPORT ON SEXUAL HARASSMENT-INTERNAL
COMPLAINTS COMMITTEE

Pursuant to the provisions of The Sexual Harassment
of Women at the Workplace (Prevention, Prohibition and
Redressal) Act, 2013, Internal Complaints Committee
has been set up to redress complaints received regarding
sexual harassment. All employees (permanent, contractual,
temporary, trainees) are covered under this policy. No
complaint was received during the financial year 2022-23.

SECRETARIAL STANDARDS

During the year under review, your Company has complied
with the applicable Secretarial Standards issued by the
Institute of Company Secretaries of India.

ACKNOWLEDGEMENT

Your Directors wish to thank its customers, Business
Associates, Members, Bankers, Government Bodies &
Regulators for their continued support and faith reposed in
the company. Your Directors also wish to place on record
appreciation for the contribution made by Employees for
their commitment and dedication towards the Company.

For and on behalf of the Board
for Pearl Global Industries Limited

	(Pulkit Seth)	(Pallab Banerjee)
Place: Gurugram	Vice-Chairman	Managing Director
Dated: May 15, 2023	DIN 00003044	DIN 07193749