Bombay Oxygen Investments Ltd Management Discussions

(i) Industry Structure and Developments :

The Company carries on the business as a Non-Banking Financial Company without accepting public deposits.

(ii) Opportunities, Threats, Risks and Concerns :

NBFCs have been playing an important role in Financial System. In order to survive and grow, NBFCs have to focus on their core strengths while improving on their weaknesses. They need to be very dynamic and have to endeavor to search for new products and services in order to survive in the competitive financial market.

(iii) Segment wise product wise performance :

The Companys business activity falls within a single business segment i.e. Non-Banking Financial Services.

(iv) Outlook :

NBFCs are emerging as an alternative to mainstream banking. They are also emerging as an integral part of Indian Financial System and are contributing commendably towards the Governments agenda of financial inclusion. NBFCs in India have recorded a marked growth in recent years.

(v) . Internal Control Systems and their adequacy :

The Senior Management periodically reviews factors and issues that influence the Companys business and takes appropriate decisions to ensure that the Companys interest and that of the stakeholders is protected. The Company has an inbuilt system of Internal Checks and controls.

The Audit Committee of the Board of Directors reviews the Internal Controls and matters connected therewith.

(vi) Financial and Operational performance :

(vii) Material developments in Human Resources/Industry relations front:

The Company continues to give due importance to Human Resources Development and keeps the relations cordial.

(viii) Cautionary Statement:

Companys projections and estimates will vary from actual results, which depend on a variety of factors over which the Company does not have any control.