G R Cables Ltd Directors Report.

Dear Members,

Your Directors have pleasure in presenting the Directors Report and the Audited Statement of Accounts of the Company for the Financial Year ended 31st March 2020.

FINANCIAL SUMMARY/HIGHLIGHTS, OPERTAIONS STATE OF AFFAIRS: The performance of the Company during the year has been as under:

Particulars (Rs. In Lakhs)
2019-2020 2018-2019
Total Revenue from operations 0.00 0.00
Total Expenses 19.95 16.59
Profit/(Loss) Before Tax (19.95) (16.59)
Less: Taxation
a) Current Tax - -
a. Deferred Tax - -
Profit / (Loss) After Tax (19.95) (16.59)
Other Comprehensive Income (4.26) -
Total profit/(Loss) for the period (24.21) (16.59)
Earning per Equity Share- Basic & (0.08) (0.06)
Diluted (in Rs.)

REVIEW OF OPERATIONS:

During the year under review, the were no operations and the Company has incurred loss of Rs. 24.21 lakhs against loss of Rs. 16.59 lakhs during the previous financial year 2018-19.

PERFORMANCE AND FUTURE OUTLOOK

The management is exploring various options to raise the required funds to make the Company operational.

IMPACT OF COVID-19 ON THE OPERATIONS OF THE COMPANY

Since the operations are paused, the company is not impacted by the Covid-19 in any manner.

CHANGE IN THE NATURE OF THE BUSINESS, IF ANY:

During the period under review and the date of Boards Report there was no change in the nature of Business.

RESERVES

During the year your Company has not transferred any amount to General Reserve Account on account of losses.

SHARE CAPITAL

Authorized Share Capital: During the year under review, there was no change in authorized share capital of the Company. Authorized share capital of the company as on March 31, 2020 was Rs.34,00,00,000, comprising of 3,40,00,000 equity shares of Rs.10 each.

Paid-up Share Capital: During the year under review, there was no change in paid up share capital of the Company. Paid up share capital of the company as on March 31, 2020 was Rs.28,89,48,610, comprising of 2,88,94,861 equity shares of Rs.10/- each.

ISSUE OF SHARES

During the year under review, the Company has not issued any shares.

DIVIDEND

Considering the losses incurred by the Company during the year, your Directors have decided not to recommend dividend for the year.

UNPAID / UNCLAIMED DIVIDEND

There is no amount of dividend lying the unpaid or unclaimed dividend account of the Company.

SHARES TRANSFERRED TO INVESTOR EDUCATION AND PROTECTION FUND

No shares were transferred to the Investor Education and Protection Fund during the year under review.

MATERIAL CHANGES & COMMITMENT AFFECTING THE FINANCIAL POSITION OF THE COMPANY:

There are no major material changes and commitments affecting the financial position of the Company after the end of the financial year and up to date of this report.

BOARD MEETINGS:

The Board of Directors duly met Five (5) times during the year under review. The dates on which the meetings were held are 30.05.2019, 14.08.2019, 31.08.2019, 14.11.2019, 12.02.2020.

APPOINTMENT / RE-APPOINTMENT / RESIGNATION / RETIREMENT OF DIRECTORS / CEO/ CFO AND KEY MANANGERIAL PERSONNEL:

? Mr. G V B R Reddy is being re-appointed as whole-time Director and Mr. A Ranganayakulu is being re-appointed as Independent Director of the

Company. The Board of Directors at its meeting held on 15.09.2020 has approved the re-appointment of Mr. G V B R Reddy as whole-time Director and Mr. A Ranganayakulu is being re-appointed as Independent Director and seeks approval of the members of the Company, resolution and explanatory statement of which is included the notice of the Annual General Meeting.

Resignation of Directors:

? Mrs. Chilukuri Mariamma, Nominee Director of APIDC has resigned from the Board of the Company w.e.f. 14.04.2020.

? Mr. S R Govindarajan, have completed their tenure of 5 years as Independent Directors and have not opted for re-appointment and as a result, Mr. S R Govindarajan cease to be Independent Directors of the Company.

DECLARATION FROM INDEPENDENT DIRECTORS ON ANNUAL BASIS:

The Company has received declarations from Independent Directors of the Company to the effect that they are meeting the criteria of independence as provided in Sub-Section (6) of Section 149 of the Companies Act, 2013 and Regulation 25 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Further, the Company has also received declarations from the independent directors to the effect that they have complied with the Code of Conduct of Independent Directors as prescribed in Schedule IV of the Companies Act, 2013.

FAMILIARIZATION PROGRAM FOR INDEPENDENT DIRECTORS:

Independent Directors are familiarized about the Companys operations and businesses. Interaction with the Business heads and key executives of the Company is also facilitated. Detailed presentations on important policies of the Company is also made to the Directors. Direct meetings with the Chairman are further facilitated to familiarize the incumbent Director about the Company/its businesses and the group practices.

The details of familiarisation programme held in FY 2019-2020 are also disclosed on the Companys website.

PROFICIENCY OF DIRECTORS

The Company is making efforts in the process of registration of Independent Directors with the Indian Institute of Corporate Affairs. All the Independent Directors except Mr. A Ranganayakulu and Mr. S R Govinda Rajan who are exempted from appearing the proficiency test, shall undertake the test as prescribed.

POLICY ON DIRECTORS APPOINTMENT AND REMUNERATION AND OTHER DETAILS:

The assessment and appointment of Members to the Board is based on a combination of criterion that includes ethics, personal and professional stature, domain expertise, gender diversity and specific qualification required for the position. The potential Board Member is also assessed on the basis of independence criteria defined in Section 149(6) of the Companies Act, 2013 and Regulation 27 of SEBI (LODR) Regulations, 2015.

In accordance with Section 178(3) of the Companies Act, 2013, Clause 49 (IV) (B) of the Listing Agreement and Regulation 19(4) of SEBI (LODR) Regulations, 2015, on the recommendations of the Nomination and Remuneration Committee, the Board adopted a remuneration policy for Directors, Key Management Personnel (KMPs) and Senior Management. The Policy is attached as an Annexure to the Corporate Governance Report.

NON-EXECUTIVE DIRECTORS COMPENSATION AND DISCLOSURES:

None of the Independent / Non-Executive Directors has any pecuniary relationship or transactions with the Company which in the Judgment of the Board may affect the independence of the Directors.

BOARD EVALUATION

The Nomination and Remuneration Committee lays down the criteria for performance evaluation of independent directors, Board of Directors and Committees of the Board.

The criteria for performance evaluation is based on the parameters like attendance and participation at the meetings of the Board and Committees thereof, contribution to strategic decision making, review of financial statements, business performance.

The evaluation of Board of Directors is performed by the Board after seeking all the inputs from the Directors and the Board Committees by seeking inputs from the Committee members.

The performance evaluation of the individual directors is done by the Nomination and Remuneration Committee.

The performance evaluation of non-independent directors, the Board as a whole and the Chairman is done by a separate meeting of Independent directors after taking inputs from the Executive directors.

DIRECTORS RESPONSIBILITY STATEMENT

Pursuant to the requirement of Section 134(3)(C) and 134(5) of the Companies Act, 2013 and on the basis of explanation given by the executives of the Company and subject to disclosures in the Annual Accounts of the Company from time to time, we state as under:

1. That in the preparation of the annual accounts, the applicable accounting standards have been followed along with proper explanation relating to material departures;

2. That the Directors have selected such accounting policies and applied them consistently and made judgment and estimates that are reasonable and prudent so as to give a true and fair view of the state of affairs of the Company at the end of the financial year and of the profit or loss of the Company for that period;

3. That the Directors have taken proper and sufficient care for the maintenance of adequate accounting records in accordance with the provisions of this Act for safeguarding the assets of the Company and for preventing and detecting fraud and other irregularities;

4. That the Directors have prepared the annual accounts on a going concern basis:

5. That the Directors have lain down internal financial controls to be followed by the Company and that such internal financial controls are adequate and are operating effectively; and

6. That the Directors have devised proper systems to ensure compliance with the provisions of all applicable laws and that such systems are adequate and operating effectively.

EXTRACT OF ANNUAL RETURN:

As required pursuant to Section 92(3) of the Companies Act, 2013 and rule 12(1) of the Companies (Management and Administration) Rules, 2014, an extract of annual return in MGT 9 is a part of this Annual Report in enclosed as Annexure- I.

STATUTORY AUDITORS:

M/s. TRM & Associates & Co., Chartered Accountants (Firm Registration No.009224S) were appointed as Statutory Auditors of your Company to hold office from the conclusion of the 27th AGM held in the year 2018, until the conclusion of the 32nd AGM to be held in the year 2023. Accordingly, M/s. TRM & Associates & Co, Chartered Accountants, Statutory Auditors of the Company will continue till the conclusion of Annual General Meeting to be held in 2023.

DETAILS IN RESPECT OF FRAUDS REPORTED BY AUDITORS UNDER SUB SECTION (12) OF SECTION 143 OTHER THAN THOSE WHICH ARE REPORTABLE TO THE CENTRAL GOVERNMENT:

There have been no frauds reported by the auditors u/s 143(12).

DISCLOSURE ABOUT COST AUDIT:

In terms of the provisions of Section 148 of the Companies Act, 2013, read with Rule 3 & 4 of The Companies (Cost Record and Audit) Rules, 2014 and all other applicable provisions of the Companies Act, 2013, the Cost Audit is not applicable to the Company.

SECRETARIAL AUDITOR:

Pursuant to the provisions of Section 134(3) (f) & Section 204 of the Companies Act, 2013, the Board has appointed Ms. Aakanksha, Practicing Company Secretaries to undertake Secretarial Audit of the Company for financial year ending 31.03.2020. The report of the Secretarial Auditor is enclosed herewith vide Annexure- II of this Report.

QUALIFICATIONS IN AUDIT REPORTS:

Explanations or comments by the Board on every qualification, reservation or adverse remark or disclaimer made-

(a) Statutory Auditors Report:

The Board has duly reviewed the Statutory Auditors Report on the Accounts for the year ended 31st March, 2020 and has noted that the same does not have any reservation, qualification or adverse remarks. However, the Board decided to further strengthen the existing system and procedures to meet all kinds of challenges and growth in the market expected in the coming years.

(b) Secretarial Audit Report:

The Board has duly reviewed the Secretarial Audit Report for the year ended 31st March, 2020 on the Compliances according to the provisions of Section 204 of the Companies Act 2013, and the comments of Board on observations in the Secretarial Audit Report are detailed below:

S.No.Regulation Non-Compliance
1. Regulation 6 of SBI (LODR) Regulations, 2015 The Company has not appointed Company Secretary during the period from 01.04.2019 to 30.08.2019
2. Regulation 13(3) of SBI (LODR) Regulations, 2015 Investor Grievance Report was not submitted to the exchange for the quarter ended 30.06.2019
3. Regulation 14 of SBI (LODR) Regulations, 2015 Non-Payment of Annual Listing Fees for Financial Year 2019-20
4. Regulations, 2015 Non-Submission of Half Yearly disclosures on Related Party Transactions for the Half-Year ended 31.03.2019
5. Regulation 24A of SBI (LODR) Regulations, 2015 There was delay in submitting Annual Secretarial Compliance Report for Financial Year ended 31.03.2019
6. Regulation 27(2) of SBI (LODR) Regulations, 2015 Delay in submitting Corporate Governance Report for Quarter ended 30.06.2019.
7. Regulation 29(1)(b) of SBI (LODR) Regulations, 2015 The Company has not made prior intimation of Board meeting held on 14.08.2019 for considering the Quarterly results for the Quarter ended 30.06.2019.
8. Regulation 31(1) (b) of SBI (LODR) Regulations, 2015 There was delay in submitting the shareholding pattern with the Exchange for the quarter ended 30th June 2019.
9. Regulation 31 (1) (2) of SBI (LODR) Regulations, 2015 Non-maintenance of 100% of promoter shareholding in dematerialized form. Promoters shareholding is dematerialized only to the extent of 72.81%.
10. Regulation 44(3) of SBI (LODR) Regulations, 2015 There was delay in submitting the Voting Results of 28th Annual general Meeting held on 30.09.2019.
11. Regulation 46 of SBI (LODR) Regulations, 2015 The company doesnt have a functional website.
12. Regulation 47(1)(a) of SBI (LODR) Regulations, 2015 The Company has not published the notice of the meeting of Board of Directors where Quarterly results were considered.
13. Regulation 47(1)(b) of SBI (LODR) Regulations, 2015 The Company has not published the Financial Results
14. SEBI Circular HO/DDHS/CIR/P/2018/ 144 DATED NOVEMBER 26, 2018- Disclosure of Large Corporate Delay in submission of Initial Disclosure whether Company is considered as a Large Corporate or not.
15. Regulation 76 of SEBI (Depositories and Participants) Regulations, 2018 Delay in submission of Reconciliation Share Capital Audit Report under Regulation 76 for Quarter ended 30.06.2019.
16. Sub-Clause C Clause 4 of the Schedule B of SEBI (Prohibition of Insider Trading) Regulations, 2015 and Amended Regulations 2018 Insider Trading Regulations Company has not intimated to the Exchange in regard to Closure of Trading window for Quarter ended 30.06.2019
17. Section 138 and other sections of Companies Act, 2013 Non- appointment Internal Auditor and there was delay in filling few forms with Registrar of Companies.

PARTICULARS OF LOANS, GUARANTEES OR INVESTMENTS:

The Company has not given loans, Guarantees or made any investments during the year which attracts the provisions of Section 186 of the Companies Act, 2013.

RELATED PARTY TRANSACTIONS:

All related party transactions that were entered into during the financial year were on arms length basis and were in the ordinary course of business. There were no material significant related party transactions made by the Company with the Promoters, Directors, Key Managerial Personnel or the Senior Management which may have a potential conflict with the interest of the Company at large.

All related party transactions were placed before the Audit Committee/Board for approval. Prior approval of the Audit Committee was obtained for the transactions which are foreseen and are in repetitive in nature.

None of the Directors have any pecuniary relationship or transactions with the Company, except payments made to them in the form of remuneration, rent, sitting fees and interest on unsecured loans.

The Company has not entered into any contracts/arrangements with related parties referred to Section 188(1) of the Companies Act, 2013 including certain arm length transaction during the year and details of the related party transactions disclosed herewith in Form AOC-2 in Annexure- III

CORPORATE SOCIAL RESPONSIBILITY

Section 135 of the Companies Act, 2013 provides the threshold limit for applicability of the CSR to a Company i.e.

(a) net worth of the Company to be Rs.500 crore or more; or

(b) turnover of the company to be Rs.1,000 crore or more; or

(c) net profit of the company to be Rs.5 crore or more. As the Company does not fall under any of the threshold limits given above, the provisions of section 135 are not applicable to the Company.

NAMES OF THE COMPANIES WHICH HAVE BECOME OR CEASED TO BE ITS SUBSIDIARIES, JOINT VENTURES OR ASSOCIATE COMPANIES DURING THE YEAR:

During the year under review no Company has become or ceased to become its subsidiaries, joint ventures or associate Company.

INFORMATION ABOUT THE FINANCIAL PERFORMANCE / FINANCIAL POSITION OF THE SUBSIDIARIES / ASSOCIATES/ JOINT VENTURES:

During the year under review, the Company does not have any subsidiaries, joint ventures or associate Companies.

DISCLOSURE OF PARTICULARS WITH RESPECT TO CONSERVATION OF ENERGY, TECHNOLOGY ABSORPTION AND FOREIGN EXCHANGE EARNINGS AND OUTGO:

During the year under review, there were no operations and hence, requirement of disclosure of particulars with respect to conservation of energy, technology absorption and foreign exchange earnings and outgo doesnt arise.

COMMITTEES:

(I). AUDIT COMMITTEE:

The Audit Committee of the Company is constituted in line with the provisions of Regulation 18(1) of SEBI (LODR) Regulations with the Stock Exchanges read with Section 177 of the Companies Act, 2013 are included in the Corporate Governance report, which forms part of this report.

(II). NOMINATION AND REMUNERATION COMMITTEE:

The Nomination and Remuneration Committee of the Company is constituted in line with the provisions of Regulation 19(1) of SEBI (LODR) Regulations with the Stock Exchanges read with Section 178 of the Companies Act, 2013 are included in the Corporate Governance report, which forms part of this report.

(III). STAKEHOLDERS RELATIONSHIP COMMITTEE:

The Stakeholders Relationship Committee of the Company is constituted in line with the provisions of Regulation 20 of SEBI (LODR) Regulations with the Stock Exchanges read with Section 178 of the Companies Act, 2013 are included in the Corporate Governance report, which forms part of this report.

VIGIL MECHANISM/WHISTLE BLOWER POLICY:

In pursuant to the provisions of Section 177(9) & (10) of the Companies Act, 2013 read with Regulation 22 of SEBI (LO&DR) Regulations, 2015, a vigil Mechanism for Directors and employees to report genuine concerns has been established. It also provides for necessary safeguards for protection against victimization for whistle blowing in good faith.

Vigil Mechanism Policy has been established by the Company for Directors and employees to report genuine concerns pursuant to the provisions of section 177(9) & (10) of the Companies Act, 2013 read with Regulation 22 of SEBI (LO&DR) Regulations, 2015. The same has been placed on the website of the Company.

PUBLIC DEPOSITS:

Your Company has not accepted any deposits falling within the meaning of Sec 73, 74 & 76 of the Companies Act, 2013 and the Companies (Acceptance of Deposits) Rules 2014, during the financial year under review.

SIGNIFICANT & MATERIAL ORDERS PASSED BY COURTS / REGULATORS / TRIBUNALS:

There are no significant and material orders passed by the regulators /courts that would impact the going concern status of the Company and its future operations.

DISCLOSURE OF ADEQUACY OF INTERNAL FINANCIAL CONTROLS:

The Internal Financial Controls with reference to financial statements as designed and implemented by the Company are adequate. The Company maintains appropriate system of internal control, including monitoring procedures, to ensure that all assets are safeguarded against loss from unauthorized use or disposition. Company policies, guidelines and procedures provide for adequate checks and balances, and are meant to ensure that all transactions are authorized, recorded and reported correctly.

During the period under review, there is no material or serious observations have been noticed for inefficiency or inadequacy of such controls.

INSURANCE:

The properties and assets of your Company are adequately insured.

CREDIT & GUARANTEE FACILITIES:

The Company has not availed any Working Capital facilities and Term Loan from Banks during the year under review.

STATEMENT SHOWING THE NAMES OF THE TOP TEN EMPLOYEES IN TERMS OF REMUNERATION DRAWN AND THE NAME OF EVERY EMPLOYEE AS PER RULE 5(2) & (3) OF THE COMPANIES (APPOINTMENT & REMUNERATION) RULES, 2014:

The information required under Section 197 of the Companies Act, 2013 read with rule 5(1) of the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014 are provided in separate annexure forming part of this Report since the company is not paying any remuneration to the Managing Directors, Whole time directors and other independent directors during the year.

There are no employees whose particulars need to be furnished pursuant to Rule 5(2) of the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014 During the year NONE of the employees is drawing a remuneration of Rs.1,02,00,000/- and above per annum or Rs.8,50,000/- and above in aggregate per month, the limits specified under the Section 197(12) of the Companies Act,2013 read with Rules 5(2) and 5(3) of the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014.

CORPORATE GOVERNANCE AND SHAREHOLDERS INFORMATION:

The Company has implemented all of its major stipulations as applicable to the Company. As stipulated under Regulation 34 read with schedule V of SEBI (LODR) Regulations, 2015, a report on Corporate Governance duly audited is appended as Annexure- IV for information of the Members. A requisite certificate from the Auditors of the Company confirming compliance with the conditions of Corporate Governance is attached to the Report on Corporate Governance.

MANAGEMENT DISCUSSIONS AND ANALYSIS REPORT:

The Management Discussion and Analysis Report, pursuant to the SEBI (LODR) Regulation appended as Annexure- V for information of the Members.

POLICIES:

The SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 mandated the formulation of certain policies for all listed companies. All the policies are available on our website www.grcables.com. The policies are reviewed periodically by the Board and updated based on need and new compliance requirement.

ENVIRONMENTS AND HUMAN RESOURCE DEVELOPMENT:

Your Company always believes in keeping the environment pollution free and is fully committed to its social responsibility. The Company has been taking upmost care in complying with all pollution control measures from time to time strictly as per the directions of the Government.

We would like to place on record our appreciation for the efforts made by the management and the keen interest shown by the Employees of your Company in this regard.

STATUTORY COMPLIANCE:

The Company has complied with the required provisions relating to statutory compliance with regard to the affairs of the Company in all respects.

DISCLOSURE UNDER THE SEXUAL HARASSMENT OF WOMEN AT WORKPLACE (PREVENTION, PROHIBITION AND REDRESSAL) ACT, 2013:

The Company has in place an Anti-Sexual Harassment Policy in line with the requirements of The Sexual Harassment of Women at workplace (Prevention, Prohibition and Redressal) Act, 2013. Internal Complaint Committee (ICC) has been set up to redress complaints received regarding sexual harassment. All employees are covered under this policy. During the year 2019-2020, there were no complaints received by the Committee.

CODE OF CONDUCT FOR THE PREVENTION OF INSIDER TRADING:

The Board of Directors has adopted the Insider Trading Policy in accordance with the requirements of the SEBI (Prohibition of Insider Trading) Regulation, 2015 and Amended Regulations 2018. The Insider Trading Policy of the Company lays down guidelines and procedures to be followed, and disclosures to be made while dealing with shares of the Company, as well as the consequences of violation. The policy has been formulated to regulate, monitor and ensure reporting of deals by employees and to maintain the highest ethical standards of dealing in Company securities.

The Insider Trading Policy of the Company covering code of practices and procedures for fair disclosure of unpublished price sensitive information and code of conduct for the prevention of insider trading, is available on our website www.grcables.com.

SECRETARIAL STANDARDS

The Company is in compliance with the applicable secretarial standards.

EVENT BASED DISCLOSURES

During the year under review, the Company has not taken up any of the following activities:

1. Issue of sweat equity share: NA

2. Issue of shares with differential rights: NA

3. Issue of shares under employees stock option scheme: NA

4. Disclosure on purchase by Company or giving of loans by it for purchase of its shares: NA

5. Buy back shares: NA

6. Disclosure about revision: NA

7. Preferential Allotment of Shares: NA

CORPORATE INSOLVENCY RESOLUTION PROCESS INITIATED UNDER THE INSOLVENCY AND BANKRUPTCY CODE, 2016.

No corporate insolvency resolution processes were initiated against the Company under the Insolvency and Bankruptcy Code, 2016, during the year under review.

FAILURE TO IMPLEMENT CORPORATE ACTIONS:

During the year under review, no corporate actions were done by the Company.

CEO/ CFO CERTIFICATION:

The Managing Director and CFO certification of the financial statements for the year 2019-2020 is annexed in this Annual Report.

ACKNOWLEDGEMENTS:

Your Directors wish to place on record their appreciation of the contribution made by the employees at all levels, to the continued growth and prosperity of your Company. Your Directors also wish to place on record their appreciation of business constituents, banks and other financial institutions and shareholders of the Company for their continued support for the growth of the Company.

For and on behalf of the Board G R Cables Limited

Sd/-

G R Reddy

Chairman & Managing Director

DIN: 01046466

Place: Hyderabad

Date: 04.12.2020

FORM NO. MGT - 9

EXTRACT OF ANNUAL RETURN

as on the Financial Year ended on 31st March, 2020

[Pursuant to Section 92(3) of the Companies Act, 2013 and rule 12(1) of the Companies (Management and Administration) Rules, 2014]

I. REGISTRATION AND OTHER DETAILS:

i ) CIN L31300TG1992PLC013772
ii) Registration Date 29-01-1992
iii) Name of the Company G.R.Cables Limited
iv) Category / Sub-Category of the Company Company having Share Capital
v) Address of the Registered office and contact details 36, Santosh Nagar Mehdipatnam Hyderabad -500028
vi) Whether Listed Company Yes
vii) Name, Address and Contact details of Registrar and Share Transfer Agent, if any Bigshare Services Pvt. Ltd. 306, 3rd Floor, Right Wing, Amrutha Ville, Opp. Yashoda Hospital, Rajbhavan Road, Somajiguda, Hyderabad - 500082, Telangana

II. PRINCIPAL BUSINESS ACTIVITIES OF THE COMPANY

All the business activities contributing 10% or more of the total turnover of the Company shall be stated:-

Sl. No. Name and Description of main products / services NIC Code of the Product /service % to total turnover of the Company
1 -- -- --

III. PARTICULARS OF HOLDING, SUBSIDIARY AND ASSOCIATE COMPANIES

S. No Name and Address of the Company CIN/GLN Holding / Subsidiary / Associate % of shares held Applicable Section
NA NA NA NA NA

IV SHAREHOLDING PATTERN (Equity Share Capital Breakup as percentage of Total Equity) i) Category-wise Shareholding

Sl. No. Category of Shareholders No. of Shares held at the beginning of the year No. of Shares held at the end of the year % change during the year
Demat Physical Total % of Total Shares Demat Physical Total % of Total Shares
A. Promoters
(1) Indian
a) Individual / HUIF 3118214 1164000 4282214 14.82 3118214 1164000 4282214 14.82 --
b) Central Govt -- -- -- -- -- -- -- -- --
c) State Govt (s) -- -- -- -- -- -- -- -- --
d) Bodies Corp -- -- -- -- -- -- -- -- --
e) Banks / FIs -- -- -- -- -- -- -- -- --
f) Any Other -- -- -- -- -- -- -- -- --
Sub Total (A) (1) 3118214 1164000 4282214 14.82 3118214 1164000 4282214 14.82 --
(2) Foreign -- -- -- -- -- -- -- -- --
a) NRI - Individuals -- -- -- -- -- -- -- -- --
b) Other -Individuals -- -- -- -- -- -- -- -- --
c) Bodies Corporate -- -- -- -- -- -- -- -- --
d) Banks / FI -- -- -- -- -- -- -- -- --
e) Any Other -- -- -- -- -- -- -- -- --
Sub Total (A) (2) -- -- -- -- -- -- -- -- --
Total Shareholding of Promoter (A)= (A)(1) + (A)(2) 3118214 1164000 4282214 14.82 3118214 1164000 4282214 14.82 --
B Public Shareholding -
1 Institutions
a) Mutual Funds -- -- -- -- -- -- -- -- --
b) Banks / FI 1175 700 1875 0.01 1175 700 1875 0.01 --
c) Central Govt 900000 -- 900000 3.11 900000 -- 900000 3.11 --
d) State Govt (s) -- -- -- -- -- -- -- -- --
e) Venture Capital Funds -- -- -- -- -- -- -- -- --
f) Insurance Companies -- -- -- -- -- -- -- -- --
g) FIIs -- -- -- -- -- -- -- -- --
h) Foreign Venture Capital Fund -- -- -- -- -- -- -- -- --
i) Mutual Funds -- 4600 4600 0.02 -- 4600 4600 0.02 --
j) Others -- -- -- -- -- -- -- -- --
Sub Total (B) (1) 901175 5300 906475 3.14 901175 5300 906475 3.14 --
2. Non- Institutions
a) Bodies Corporate
i) Indian 846478 66500 912978 3.16 745441 66500 811941 2.81 (0.35)
ii) Overseas -- -- -- -- -- -- -- -- --
b) Individuals
i ) Individual Share holders holding nominal share capital up to Rs.1 Lakh 12485743 1995804 14481547 50.12 12519047 1990804 14509851 50.22 0.10
ii) Individual Share holders holding nominal share capital in excess of Rs.1 Lakh 6579099 506500 7085599 24.52 6649874 506500 7156374 24.77 0.25
c) Others 1172348 53700 1226048 4.24 1174306 53700 1228006 4.24 --
i) HUF 661565 -- 661565 2.29 659115 659115 2.28 (0.001)
ii) Clearing members 56315 -- 56315 0.19 59619 -- 59619 0.20 0.01
iii) Non-Resident Indian (NRI) 453468 53700 507168 1.76 454472 53700 508172 1.76 --
iv) Trust 1000 -- 1000 -- 1100 -- 1100 -- --
Sub Total (B) (2) 21083668 2622504 23706172 82.04 21088668 2617504 23706172 82.04 --
Total Public Share holding (B) = (B)(1) + (B) (2) 21984843 2627804 24612647 85.18 21989843 2622804 24612647 85.18 --
C. SHARES HELD BY CUSTODIAN FOR GDRS & ADRS -- -- -- -- -- -- -- -- --
GRAND TOTAL (A+B+C) 25103057 3791804 28894861 100 25108057 3786804 28894861 100 --

ii) Shareholding of Promoters

Sl. No. Category of Shareholders Shareholding at the beginning of theyear(as on 01-04-2019) Shareholding at the end of the year (as on 31-03-2020) % change in share holding during the year
No. of Shares % of total Shares of the Company % of Shares Pledged / encumbered to total Shares No. of Shares % of total Shares of the Company % of Shares Pledged / encumbered to total Shares
1 G Raghava Reddy 1132000 3.92 -- 1132000 3.92 --
2 G V B Ranga Reddy 592931 2.05 -- 592931 2.05 --
3 D Subbarami Reddy 191578 0.66 -- 191578 0.66 --
4 G Sireesha 19800 0.07 -- 19800 0.07 --
5 Domegunta Varija 13200 0.05 -- 13200 0.05 --
6 D Kalyan Kumar Reddy 286100 0.99 -- 286100 0.99 --
7 R Sreenath Reddy 331500 1.15 -- 331500 1.15 --
8 A M Reddy 80900 0.28 -- 80900 0.28 --
9 Purna chander Rao 109400 0.38 -- 109400 0.38 --
10 Aruna Bikkasani 109400 0.38 -- 109400 0.38 --
11 Suman Raju 62500 0.22 -- 62500 0.22 --
12 Sireesha L Raju 62500 0.22 -- 62500 0.22 --
13 Alluri Raju 62500 0.22 -- 62500 0.22 --
14 Shanker Lakshman 31200 0.11 -- 31200 0.11 Shares --
15 Seetharami Reddy R 74000 0.26 -- 74000 0.26 --
16 Puli Gopal Reddy 19500 0.07 -- 19500 0.07 --
17 Sreejayanthi Yalamanchili 78100 0.27 -- 78100 0.27 --
18 Rajya Lakshmi Vasireddy 78100 0.27 -- 78100 0.27 --
19 Gopal Reddy Gade 78200 0.27 -- 78200 0.27 --
20 Adisesha B Reddy 125500 0.43 -- 125500 0.43 --
21 Narsinga Rao 323300 1.12 -- 323300 1.12 --
22 G C Ranga Reddy 32500 0.11 -- 32500 0.11 --
23 G Mallikarjuna Reddy 8000 0.03 -- 8000 0.03 --
24 Eswaramma R 257600 0.89 -- 257600 0.89 --
25 D Rajeswari 81800 0.28 -- 81800 0.28 --
26 Pabhathi Vijaya Reddy 40105 0.14 -- 40105 0.14 --
Total 4282214 14.82 -- 4282214 14.82 -- --

(iii) Change in Promoters Shareholding:

Sl. No Share holders Name

Shareholding at the beginning of the year

CumulativeShareholding during the year

1 G Raghava Reddy No. of Shares % of total Shares of the Company No. of Shares % of total Shares of the Company
At the beginning of the Year 1132000 3.92 1132000 3.92
Date wise Increase /Decrease in Shareholding during the year specifying for increase/ decrease (e.g. allotment/transfer/ bonus/sweat equity etc.,): Promoters the reasons
At the End of the year 1132000 3.92
Sl. No Share holders Name

Shareholding at the beginning of the year

CumulativeShareholding during the year

2 G V B Ranga Reddy No. of Shares % of total Shares of the Company No. of Shares % of total Shares of the Company
At the beginning of the Year 592931 2.05 592931 2.05
Date wise Increase /Decrease in Shareholding during the year specifying for increase/ decrease (e.g. allotment/transfer/ bonus/sweat equity etc.,): Promoters the reasons
At the End of the year 592931 2.05
Sl.No Share holders Name

Shareholding at the beginning of the year

CumulativeShareholding during the year

3 D Subbarami Reddy No. of Shares % of total Shares of the Company No. of Shares % of total Shares of the Company
At the beginning of the Year 191578 0.66 191578 0.66
Date wise Increase /Decrease in Shareholding during the year specifying for increase/ decrease (e.g. allotment/transfer/ bonus/sweat equity etc.,): Promoters the reasons
At the End of the year 191578 0.66

(iv) Shareholding Pattern of top ten Shareholders (Other than Directors, Promoters and Holders of GDRs and ADRS):

Shareholding at the beginning of the year

Increase/ Decrease Cumulative Shareholding during the year
Sl. No Name of Shareholder No. of Shares % of total Shares of the Company Date i n share holding Reason No. of Shares % of total Shares of the Company
1. Andhra Pradesh Industrial Development Corporation Limited 900000 3.11 - - - 900000 3.11
2. Plus Business 265094 0.92 - - - 265094 0.92
Machines Ltd
3. P L N Reddy 250000 0.87 - - - 250000 0.92
4. K Shiva Kumar 230285 0.80 - - - 230285 0.80
5. Jigna Kanayalal Shah 200114 0.69 - - - 200114 0.69
6. K Swathi 198748 0.69 - - - 198748 0.69
7. P L N Reddy 159400 0.55 - - - 159400 0.55
8. Rayapati Anitha - - 08-Nov -19 150000 Purchase 150000 0.52
9. Rayapati Hanumantha Rao 150000 - - - - 150000 0.52
10. Sangeetha S - - 08-Nov -19 133440 Purchase 133440 0.46

(v) Shareholding of Directors and Key Managerial Personnel:

Shareholding at the beginning of the year

Change in Shareholding during the year

Cumulative Shareholding during the year
Sl. No Name of Shareholder No. of Shares % of total Shares of the Company Date Increase/ Decrease i n share holding Reason No. of Shares % of total Shares of the Company
A Directors
1 Raghava Reddy Gajjala 1132000 3.92 - - - 1132000 3.92
2 Bhagavatranga Reddy Gajjala 592931 2.05 - - - 592931 2.05
3 Samavedham Raman Govinda Rajan - - - - - - -
4 Beena Naidu Pushpala - - - - - - -
5 Ranganayakulu Annavaram - - - - - - -
6 Lakshmi Sree Kadumuri - - - - - - -
7 Chilukuri Mariamma* - - - - - - -
B. Key Managerial Personnel
1. Renuka Rao Chinta - - - - - - -
2. Haritha Varanasi** - - - - - - -

*Resigned w.e.f. 17.04.2020

** Resigned w.e.f. 20.08.2020

V. INDEBTEDNESS

Indebtedness of the Company including interest outstanding/accrued but not due for payment:

Particulars Secured Loans excluding deposits Unsecured Loans Deposits Total Indeb- tedness
Indebtedness at the beginning of the financial year
i) Principal Amount 14,00,80,748
ii) Interest due but not paid
iii) Interest accrued but not due
Total (i+ii+iii) 14,00,80,748
Change in Indebtedness during

the financial year

Addition 19,75,821
Reduction
Net Change 19,75,821
Indebtedness at the end of the financial year
i) Principal Amount 14,20,56,569
ii) Interest due but not paid
iii) Interest accrued but not due
Total (i+ii+iii) 14,20,56,569

VI. REMUNERATION OFDIRECTORS AND KEY MANGERIAL PERSONNEL

A. Remuneration to Managing Director, Whole-time Directors and/or Manager:

Sl. No Particulars of Directors Raghava Reddy Gajjala (Managing Director) Bhagavatranga Reddy Gajjala (Whole-time Director) Total Amount
1. Gross salary - - -
(a) Salary as per provisions contained in Section 17(1) of the Income-tax Act, 1961. - - -
(b) Value of perquisites u/s 17(2) Income-tax Act, 1961. - - -
(c) Profits in lieu of salary under Section 17(3) - - -
Income-tax Act, 1961.
2. Stock Option - - -
3. Sweat Equity - - -
4. Commission as % of profit - - -
Others - - -
5. Others, please specify - - -
Total (A) - - -
Ceiling as per the Act

B. Remuneration to Other Directors:

Name of Directors

Total
SL No Particulars of Remuneration Raman Govind Rajan Samavedham Ranganaya kulu Annavaram Pushpala Beena Naidu Lakshmi SreeKunduri Chilukuri Mariamma Amount (Rs.)
1 Independent 10,000/-

20,000/- 25,000/-

25,000/- 80,000/-
Directors
Fee for attending - - - - - -
Board /Committee
Meetings
Commission - - - - - -
Others - - - - - -
Total (1) - - - - - -
2 Other Non-
Executive
Directors
Fee for attending
Board/Committee - - - - - -
Meetings
Commission - - - - - -
Others - - - - - -
Total (2) - - - - - -
Total (B) = (1+2) - - - - -
Total Managerial Nil Nil Nil Nil Nil
Remuneration
Overall Ceiling as NA NA NA NA NA
per the Act

C. Remuneration To Key Managerial Personnel Other Than Md/Manager/WTD

Sl. No Particulars of Remuneration Key

Managerial Personnel

Total
CEO Company Secretary (Haritha Varanasi) CFO (Renuka Rao) (Rs)
1. Gross salary
(a) Salary as per provisions contained in Section 17(1) of the Income-tax Act, 1961 1,40,000 2,40,000 3,80,000
(b) Value of perquisites u/s 17(2) Income-tax Act, 1961
(c) Profits in lieu of salary under Section
17(3) Income-tax Act, 1961
2. Stock Option - - - -
3. Sweat Equity - - - -
4. Commission -as % of profit - - -
- others, specify -
5. Others, please specify - - - -
Total - 1,40,000 2,40,000 3,80,000

Vi. Penalties/Punishment/Compounding of Offences:

Type Section of the Act Brief Description Companies Details of Penalty / Punishment/ Compounding fees imposed Authority [RD / NCLT / COURT] Appeal made, if any (give Details)
A. Company
Penalty
Punishment NIL
Compounding
B. Directors
Penalty
Punishment NIL
Compounding
C. Other officers in default
Penalty
Punishment NIL
Compounding

For and on behalf of the Board G R Cables Limited

Sd/-

G R Reddy

Chairman & Managing Director DIN: 01046466

Place: Hyderabad Date: 04.12.2020