Dear Members,
The board of Directors are pleased to present the 34th Annual Report on the
business and operations of the Company together with the Standalone Audited Financial
Statements for the Financial Year ended March 31, 2023.
1. FINANCIAL RESULT
Financial results of your Company for the year ended 31st March 2023 are
summarized below:
Amount (In Lakhs)
PARTICULARS |
2022-23 |
2021-22 |
Income from Operations |
39,933.06 |
25,788.03 |
Other Income |
2101.58 |
1414.88 |
Total Revenues |
42,034.64 |
27,201.90 |
Operating expenditure |
37,213.42 |
24,823.89 |
Earnings before Interest, Tax, Depreciation and Amortization (EBITDA) |
4,821.22 |
2,378.01 |
Finance costs |
642.85 |
747.90 |
Depreciation and amortization expense |
407.51 |
349.97 |
Profit before exceptional item and Tax |
3,770.86 |
1280.07 |
Exceptional Item |
(298.08) |
- |
Profit before Tax (PBT) |
3,472.78 |
1280.07 |
Tax expense |
1,029.86 |
380.56 |
Profit after Tax (PAT) |
2442.91 |
899.51 |
2. COMPANYS PERFORMANCE
During the Financial Year 2022-23:
1. The Companys revenue from operations for FY 2022-23 was Rs. 39,933.06 Lakhs as
compared to Rs. 25,788.03 Lakhs in the previous year, an increase by 54.85% over the
previous year. During the year under review, your company focused on profitable operations
on site in respect to manufacturing division. This enabled the company to increase the
turnover and profitability.
2. The Companys profit before exceptional items and tax was Rs. 3,770.86 Lakhs during
the year compared to Rs. 1280.07 Lakhs in the previous year, an increase of 194% over the
previous year.
3. The Company earned a net profit after tax of Rs. 2442.91 Lakhs as against a
net profit after tax of Rs. 899.51 Lakhs in the previous year, an increase of
171.58% over the previous year.
3. DIVIDEND
The Board of Directors at their meeting held on Thursday, August 31, 2023, has
recommended payment of Rs. 2.70/- per equity share as dividend on the paid up equity share
capital of the Company for the financial year ended 31st March, 2023. The payment of
dividend is subject to the approval of the shareholders at the ensuing 34th
Annual General Meeting (AGM) of the Company.
5. SHARE CAPITAL
The Authorized & Paid-up Equity Share Capital as on March 31, 2023 was Rs.
10,60,00,000/- divided into 1,06,00,000 Equity Shares of Rs. 10/- each & Rs.
10,45,20,000/- divided into 1,04,52,000 Equity Shares of Rs. 10/- each respectively.
During the year under review, the Company has not issued any securities.
5. TRANSFER TO RESERVES
The Board of Directors declared final dividend for the year under review from part of
the Profit & balance profit transferred to the Reserves.
6. DETAILS OF DIRECTORS OR KEY MANAGERIAL PERSONNEL DURING THE FINANCIAL YEAR ENDED
31.03.2023
There was no change in composition of Board of Director of the Company during the year.
The details of director as on 31.03.2023 are as under:
Sr. No. name |
DESIGNATION |
1. GHANSHYAM DASS |
Chairman & Managing Director |
2. ASHISH KANDOI |
Whole time Director |
3. ANUJ KANDOI |
Whole time Director |
4. SHWETHA KABRA |
Independent Director |
5. TARA DEVI VEITLA |
Independent Director |
6. BHAGWAN DASS BHANKHOR |
Independent Director |
7. SUBSIDIARY & ASSOCIATE COMPANIES
During the period under review, the Company has no Subsidiaries, Joint Venture or
Associates.
8. PARTICULARS OF LOANS, GUARANTEES OR INVESTMENTS
During the year under review, the Company has made an investment of Rs. 2.80 crores in
ASP PVT LTD, Further, the Company has not given any loans or corporate guarantee or
provided any security during the year. Details of loans, guarantees and investments
covered under the provisions of Section 186 of the Act are given in the notes to the
financial statements.
9. DEPOSITS
The Company has not accepted deposits within the meaning of Section 73 and 74 of the
Act read with the Companies (Acceptance of Deposits) Rules, 2014 during the year and hence
there were no outstanding deposits and no amount remaining unclaimed with the Company as
on 31st March, 2023.
10. PARTICULARS OF CONTRACTS OR ARRANGEMENTS WITH RELATED PARTIES
All Related Party Transactions that were entered into during the financial year were on
arms length basis, in the ordinary course of business and were in compliance with the
applicable provisions of the Act and the Listing Regulations.
There were no materially significant transactions with the related parties during the
financial year which were in conflict with the interest of the Company and details are
provided in form AOC- 2 as "Annexure- A" to this report.
All Related Party Transactions are placed before the Audit Committee for review and
approval. Prior omnibus approval of the Audit Committee is obtained on an annual basis for
the transactions which are planned/repetitive in nature and omnibus approvals are taken as
per the policy laid down for unforeseen transactions. Related Party Transactions entered
into pursuant to the omnibus approval so granted are placed before the Audit Committee for
its review on a quarterly basis, specifying the nature, value and terms and conditions of
the transactions. All the Related Party Transactions under Ind AS-24 have been disclosed
at note no.12 to the standalone financial statements forming part of this Annual Report.
The Company has a policy on Related Party Transactions in place which is in line with
the Act and the Listing Regulations and the same is also available on the Companys
website at www.geekaywires.com.
11. INTERNAL FINANCIAL CONTROLS
The Companys internal financial control systems are commensurate with the nature of
its business and the size and complexity of its operations. The internal control
procedures have been planned and designed to provide reasonable assurance of compliance
with various policies, practices and statutes in keeping with the organizations pace of
growth and achieving its objectives efficiently and economically.
The internal controls and governance processes are duly reviewed for their adequacy and
effectiveness through periodic audits by the Internal Audit department. Post-audit reviews
are also carried out to ensure that audit recommendations are implemented. The Audit
Committee reviews the adequacy and effectiveness of the Companys internal control
environment and monitors the implementation of audit recommendations, including those
relating to strengthening of the Companys risk management policies and systems. The
ultimate objective being a Zero Surprise, Risk Controlled Organization.
The Company periodically tracks all amendments to Accounting Standards and makes
changes to the underlying systems, processes and financial controls to ensure adherence to
the same. All resultant changes to the policy and impact on financials are disclosed after
due validation with the statutory auditors and the Audit Committee. Independence of the
Internal Auditors is ensured by way of direct reporting to the Audit Committee.
Further details of the internal controls system are given in the Management Discussion
and Analysis Report, which forms part of this Annual Report.
12. DIRECTORS AND KEY MANAGERIAL PERSONNEL
Directors Retire By Rotation:
In accordance with the provisions of the Companies Act, 2013 and the Articles of
Association of the Company, Mr. Ashish Kandoi, Director of the Company, is liable to
retire by rotation at the ensuing Annual General Meeting and being eligible, offer himself
for re-appointment. The Board of Directors recommends his re-appointment.
Declaration From Independent Directors
The Company has received the following declarations from all the Independent Directors
confirming that:
1. The Independent Director(s) have submitted the declaration of independence pursuant
to section 149(7) of the Act stating that he/they meet the criteria of independence as
provided in sub-section (6) of Section 149 of the Companies Act, 2013.There has been no
change in the circumstances affecting their status as Independent Directors of the
Company; and
2. They have registered themselves with the Independent Directors Database maintained
by the IICA.
None of the Directors of the Company are disqualified for being appointed as Directors
as specified in Section 164(2) of the Act and Rule 14(1) of the Companies (Appointment and
Qualification of Directors) Rules, 2014.
Key Managerial Personnel
Mr. Ghanshyam Dass (Chairman & Managing Director), Mr. Ashish Kandoi (Whole Time
Director), Mr. Anuj Kandoi (Whole Time Director), Mr. Abhijit Suresh Patki (Chief
Financial Officer) and Mr. Sanjay Kumar Prajapati (Company Secretary & Compliance
Officer) are the Key Managerial Personnel of the Company as on March 31, 2023.
*Ms. Sonu Kumar, Company Secretary resigned with effect from 04.08.2022 and the Board
of Directors vide its meeting dated 05th August 2022 has appointed Ms. Shweta Singh as
Company Secretary & Compliance Officer of the Company thereafter Ms. Shweta Singh
resigned with effect from 11.10.2022 and the Board of Directors vide its meeting dated
08th February 2023 has appointed Mr. Sanjay Kumar Prajapati as Company Secretary &
Compliance Officer of the Company.
13. DETAILS OF REMUNERATION TO DIRECTORS
The Board has, on the recommendation of Nomination and Remuneration Committee framed a
policy for selection and appointment of Directors, Senior Management and their
remuneration. The information relating to remuneration of Directors and details of the
ratio of the remuneration of each Director to the median employees remuneration and other
details as required pursuant to section 197(12) of the Act read along with Rule 5(1) of
the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014 are
provided in "Annexure-B" to this Report.
14. GOVERNANCE AND COMPLIANCE
The Board of the Company has adopted Governance Guidelines on Board Effectiveness. The
Guidelines cover aspects related to composition and role of the Board, Chairperson and
Directors, Board diversity, definition of independence, Director Term, retirement age and
Committees of the Board. It also covers aspects relating to nomination, appointment,
induction and development of Directors, Director Remuneration, Code of Conduct, Board
Effectiveness Review and mandates of Board Committees.
Procedure for Nomination and Appointment of Directors:
The Nomination and Remuneration Committee (NRC) is responsible for developing
competency requirements for the Board based on the industry and strategy of the Company.
The Board composition analysis reflects in-depth understanding of the Company, including
its strategies, environment, operations, financial condition and compliance requirements.
The NRC conducts a gap analysis to refresh the Board on a periodic basis, including
each time a Directors appointment or re-appointment is required. The Committee is also
responsible for reviewing the profiles of potential candidates vis-a-vis the required
competencies and meeting potential candidates, prior to making recommendations of their
nomination to the Board.
At the time of appointment, specific requirements for the position, including expert
knowledge expected is communicated to the appointee.
During the year under review, the Board has also identified the list of core skills,
expertise and competencies of the Board of Directors as are required in the context of the
businesses and sectors applicable to the Company and mapped with each of the Directors on
the Board. The same is disclosed in the Report of Corporate Governance forming part of the
Annual Report.
Criteria for Determining Qualifications, Positive Attributes and Independence of a
Director:
The NRC has formulated the criteria for determining qualifications, positive attributes
and independence of Directors in terms of provisions of Section 178(3) of the Act and
Regulation 19 read with Part D of Schedule II of the Listing Regulations.
Independence: In accordance with the above criteria, a director will be considered
as an Independent Director if he/she meets with the criteria for Independent Director
as laid down in the Act and Rules framed thereunder and Regulation 16(1)(b) of the Listing
Regulations.
Qualifications: A transparent Board nomination process is in place that encourages
diversity of thought, experience, knowledge, perspective, age and gender. It is also
ensured that the Board has an appropriate blend of functional and industry expertise.
While recommending the appointment of a Director, the NRC considers the manner in which
the function and domain expertise of the individual will contribute to the overall
skill-domain mix of the Board.
Positive Attributes: In addition to the duties as prescribed under the Act, the
Directors on the Board of the Company are also expected to demonstrate high standards of
ethical behavior, strong interpersonal and communication skills and soundness of judgment.
Independent Directors are also expected to abide by the Code for Independent Directors
as outlined in Schedule IV to the Act.
Annual Evaluation of Board Performance and Performance of its Committees and of
Directors:
Pursuant to the applicable provisions of the Act, Listing Regulations and Governance
Guidelines, the Board has carried out an annual evaluation of its own performance,
performance of the Directors as well as the evaluation of the working of its Committees.
The NRC has defined the evaluation criteria, procedure and time schedule for the
Performance Evaluation process for the Board, its Committees and Directors.
The performance of the Board and individual Directors was evaluated by the Board after
seeking inputs from all the Directors. The performance of the Committees was evaluated by
the Board after seeking inputs from the Committee Members.
The criteria for performance evaluation of the Board included aspects such as Board
composition and structure, effectiveness of Board processes, contribution in the long term
strategic planning, etc. The criteria for performance evaluation of the Committees
included aspects such as structure and composition of Committees, effectiveness of
Committee meetings, etc. The above criteria for evaluation were based on the Guidance Note
issued by Securities and Exchange Board of India (SEBI).
In a separate Meeting, the independent Directors evaluated the performance of
Non-Independent Directors and performance of the Board as a whole. They also evaluated the
performance of the Chairperson taking into account the views of Executive Directors and
Non-Executive Directors. The NRC reviewed the performance of the Board, its Committees and
of the Directors.
The same was discussed in the Board Meeting that followed the Meeting of the
independent Directors and NRC, at which the feedback received from the Directors on the
performance of the Board and its Committees was also discussed.
The Secretarial and Legal functions of the Company ensure maintenance of good
governance within the organization.
They assist the business in functioning smoothly by being compliant at all times and
providing strategic business partnership in the areas including legislative expertise,
corporate restructuring, regulatory changes and governance.
15. REMUNERATION POLICY
The Company has adopted a Remuneration Policy for the Directors, Key Managerial
Personnel and other employees, pursuant to the provisions of the Act and the Listing
Regulations. The same is displayed on the website of the company www.geekaywires.com.
16. BOARD AND COMMITTEE MEETINGS
During the year, 14 (Fourteen) Board Meetings and four Audit Committee Meetings were
convened and held. The intervening gap between the Meetings was within the period
prescribed under the Act. The details of Board Meetings and various Committee Meetings
along with their composition and attendance are disclosed in the Report of Corporate
Governance forming part of the Annual Report as "Annexure - E".
17. DIRECTORS RESPONSIBILITY STATEMENT
Based on the framework of internal financial controls and compliance systems
established and maintained by the Company, work performed by the Internal, Statutory, Cost
and Secretarial Auditors, including audit of the internal financial controls over
financial reporting by the Statutory Auditors, and the reviews performed by Management and
the relevant Board Committees, including the Audit Committee, the Board is of the opinion
that the Companys internal financial controls were adequate and effective during FY
2022-23.
To the best of their knowledge and belief and according to the information and
explanations obtained by them, your Directors make the following statements in terms of
Section 134(3)(c) of the Act:
(i) in the preparation of the annual accounts, the applicable accounting standards have
been followed and that there are no material departures;
(ii) they have selected such accounting policies and applied them consistently and made
judgments 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 of the Company for that period;
(iii) they have taken proper and sufficient care for the maintenance of adequate
accounting records in accordance with the provisions of the Act, for safeguarding the
assets of the Company and for preventing and detecting fraud and other irregularities;
(iv) they have prepared the annual accounts on a going concern basis;
(v) they have laid down internal financial controls to be followed by the Company and
that such internal financial controls were adequate and were operating effectively;
(vi) they have devised proper systems to ensure compliance with the provisions of all
applicable laws and that such systems were adequate and operating effectively.
18. CORPORATE SOCIAL RESPONSIBILITY
CSR isnt just a particular program, its what your Company do every day, maximizing
positive impact on society and thus helping people to be happier. Your Company undertook
enumerable initiatives. The detailed Annual Report on our CSR activities pursuant to Rule
8 of the Companys (Corporate Social Responsibility Policy) Rules, 2014 is given in Annexure
"F" forming part of this Report.
19. EQUAL OPPORTUNITY & PREVENTION OF SEXUAL HARRASMENT
TheCompanyhasalwaysprovidedacongenialatmospherefor
worktoallemployeesthatisfreefromdiscrimination of an ykind.It has provided equal
opportunities of employmentto all withoutregardtonationality, religion, caste, colour,
language, marital status and sex.The Company has also framed policy on .Prevention of
Sexual Harassment. at th e workplace. We follow a gender-neutral approach in handling
complaints of sexual harassment and we are comp liant with the law of the land wherever we
operate.With the objective of providing a safe working environment to all employees
(permanent, contractual, temporary, trainees) the company has formulated a policy, the
said policy is available on the website of the Company.
During the year under review, the Company has not received any complaint.
20. VIGIL MECHANISM/WHISTLEBLOWER POLICY
As per the provisions of Section 177 (9) of the Act read with Regulation 22(1) of the
Listing Regulations, the Company is required to establish an effective vigil mechanism for
directors and employees to report genuine concerns. The Company has a Vigil Mechanism and
a Whistleblower Policy in place to enable its Directors, employees and its stakeholders to
report their concerns, if any. The said Policy provides for:
(a) adequate safeguards against victimization of persons who use the Vigil Mechanism;
and
(b) direct access to the Chairperson of the Audit Committee of the Board of the
Company.
The Company believes in the conduct of the affairs of its constituents by adopting the
highest standards of professionalism, honesty, integrity and ethical behavior, in line
with the Companys Code of Conduct. All the stakeholders are encouraged to raise their
concerns or make disclosures on being aware of any potential or actual violation of the
Code, policies or the law.
Details of the Vigil Mechanism and Whistleblower policy are made available on the
companys website at https://www.geekaywires.com
21. SIGNIFICANT AND MATERIAL ORDERS PASSED BY THE REGULATORS OR COURTS
No significant material orders have been passed by the Regulators or Courts or
Tribunals which would impact the going concern status of the Company and its future
operations.
22. AUDIT AND AUDITORS Statutory Auditors:
M/s M.M. Palod & Co., Chartered Accountants (ICAI Firm Registration No. 006027S),
Hyderabad, were appointed as the Statutory Auditors for a period of 5 years from the
conclusion of 32nd AGM till the conclusion of 37th AGM of the Company.
The Audit Report of M/s. M.M.Palod & Co., Chartered Accountants, Hyderabad on the
Financial Statements of the Company for FY 2022-23 is a part of the Annual Report. The
Report does not contain any qualification, reservation, adverse remark or disclaimer.
Cost Auditors:
The Company is required to maintain cost records as specified by the Central Government
as per Section 148(1) of the Act and the rules framed thereunder, and accordingly, the
Company has made and maintained such cost accounts and records.
Your company has appointed M/s. KJU & Associates (FRN 000474) as Cost Auditors to
give cost audit report for F.Y 2022-23. There has been no qualification, reservation,
adverse remark or disclaimer given by the Cost Auditors in their Report.
In terms of Section 148 of the Act read with Companies (Cost Records and Audits) Rules,
2014, the Audit Committee recommended and the Board of Directors re-appointed M/s. KJU
& Associates (FRN 000474), being eligible, to conduct Cost Audits of the Company for
the year ending March 31, 2024.
The Company has received their written consent and confirmation that the appointment
will be in accordance with the applicable provisions of the Act and rules framed
thereunder.
The remuneration payable to Cost Auditors has been approved by the Board of Directors
on the recommendation of the Audit Committee and in terms of the Act and Rules therein.
The Members are therefore requested to ratify the remuneration payable to M/s. KJU &
Associates as set out in the Notice of the 34rdAGM of the Company.
Secretarial Auditors:
In terms of Section 204 of the Act and the Companies (Appointment and Remuneration of
Managerial Personnel) Rules, 2014, CS Kashinath Sahu, Proprietor of Kashinath Sahu &
Co, Company Secretaries in Practice (CP No. 4807), Hyderabad have been appointed as
Secretarial Auditors of the Company.
The report of the Secretarial Auditors is enclosed as "Annexure-H".
There has been no qualification, reservation, adverse remark or disclaimer given by the
Secretarial Auditors in their Report.
23. REPORTING OF FRAUDS BY AUDITORS
During the year under review, the Statutory Auditors, Cost Auditors and Secretarial
Auditors have not reported any instances of frauds committed in the Company by its
Officers or Employees, to the Audit Committee under Section 143(12) of the Act, details of
which needs to be mentioned in this Report.
24. ANNUAL RETURN
In accordance with the provisions of Sections 92 and 134(3)(a) of the Act read with the
Companies (Management and Administration) Rules, 2014, the Annual Return in e-form MGT-7
for the financial year ended March 31, 2023 has been uploaded on the website of the
Company i.e. https://www.geekaywires.com
25. SECRETARIAL STANDARDS OF ICSI
The Directors have devised proper systems and processes for complying with the
requirements of applicable Secretarial Standards issued by the Institute of Company
Secretaries of India (ICSI) and that such systems were adequate and operating
effectively.
26. CONSERVATION OF ENERGY, TECHNOLOGY ABSORPTION AND FOREIGN EXCHANGE EARNINGS AND
OUTGO
The information on conservation of energy, technology absorption and foreign exchange
earnings and outgo stipulated under Section 134(3)(m) of the Act read with Rule 8 of The
Companies (Accounts) Rules, 2014, is attached as "Annexure-C" o this
report.
27. PARTICULARS OF EMPLOYEES AND REMUNERATION
There are two employees drawing remuneration in excess of the limits prescribed under
Rule 5(2) of the Companies (Appointment and Remuneration of Managerial Personnel) Rules,
2014. Information as required under the provisions of Rules 5(2) & 5(3) of the
Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014, are set out
in Directors Report as "Annexure- B".
28. MANAGEMENT DISCUSSION AND ANALYSIS
The Management Discussion and Analysis Report, as required under the Listing
Regulations, forms part of the Annual Report as "Annexure-D".
29. TRANSFER OF AMOUNTS TO INVESTOR EDUCATION AND PROTECTION FUND
Your Company did not have any funds lying unpaid or unclaimed for a period of last
seven years. Therefore, there were no funds which were required to be transferred to
Investor Education and Protection Fund (IEPF).
30. POLICY ON PRESERVATION OF THE DOCUMENTS
The Company has formulated a Policy pursuant to Regulation 9 of the Securities Exchange
Board of India (Listing obligations and Disclosure Requirements) Regulations, 2015
("Regulations") on Preservation of the Documents to ensure safe keeping of the
records and safeguard the Documents from getting manhandled, while at the same time
avoiding superfluous inventory of Documents
31. POLICY ON CRITERIA FOR DETERMINING MATERIALITY OF EVENTS
The Policy is framed in accordance with the requirements of the Regulation 30 of
Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements)
Regulations, 2015 (Regulations).The objective of the Policy is to determine materiality of
events or information of the Company and to ensure that such information is adequately
disseminated in pursuance with the Regulations and to provide an overall governance
framework for such determination of materiality. The policy is displayed at the company
website www.geekaywires.com
32. CORPORATE GOVERNANCE
Your Company believes in conducting its affairs in a fair, transparent and professional
manner and maintaining the good ethical standards, transparency and accountability in its
dealings with all its constituents. As required under the SEBI (Listing Obligations and
Disclosure Requirements) Regulations, 2015, a detailed report on Corporate Governance
along with the Auditors Certificate thereon is enclosed as per "Annexure- E"
to this report.
33. INSIDER TRADING REGULATIONS
The requirements under SEBI (Prohibition of Insider Trading) Regulations, 1992 read
with SEBI (Prohibition of Insider Trading) Regulations, 2015, as amended from time to
time, the code of conduct for prevention of insider trading and the Code for Corporate
Disclosures ("Code"), as approved by the Board from time to time, are in force
by the Company. The objective of this Code is to protect the interest of shareholders at
large, to prevent misuse of any price sensitive information and to prevent any insider
trading activity by dealing in shares of the Company by its Directors, designated
employees and other employees.
The Company also adopts the concept of Trading Window Closure, to prevent its
Directors, Officers, designated employees and other employees from trading in the
securities of Geekay Wires Limited at the time when there is unpublished price sensitive
information.
34. DEPOSITORY SYSTEM
As the Members are aware, your Companys shares are trade-able compulsorily in
electronic form and your Company has established connectivity with both National
Securities Depository Limited (NSDL) and Central Depository Services (India) Limited
(CDSL). In view of the numerous advantages offered by the depository system, the members
are requested to avail the facility of Dematerialization of the Companys shares on NSDL
& CDSL. The ISIN allotted to the Companys Equity shares is INE669X01016.
35. PARTICULARS OF INTER CORPORATE LOANS, GUARANTEES OR INVESTMENTS
The particulars of Inter Corporate Loans and investments of the Company have been
provided in the Notes to the Financial Statements.
36. STATUS OF LISTING FEES
Listing Fees for the Financial Year 2022-23 have been duly paid NSE, where Companys
shares are listed and there are no dues outstanding and payable.
37. CODE OF CONDUCT FOR BUSINESS PRINCIPLES & ETHICS AND PREVENTION OF INSIDER
TRADING AND OTHER CODE AND POLICIES OF THE COMPANY:
Your Board of Directors are pleased to report that your Company has complied with the
various mandatory policy including Dividend Distribution Policy
(https://www.geekaywires.com/pdf/policy/dmdend-distribution- policy.pdf) and others
policy(ies) are also available on the Companys website
https://www.geekaywires.com/policy.php
38. ACKNOWLEDGEMENTS
The Directors hereby acknowledge the dedicated and loyal services rendered by the
employees of the Company during the year. They would also like to place on record their
appreciation for the continued co-operation and support received by the Company during the
year from bankers, financial institutions, Government authorities, business partners,
shareholders and other stakeholders without whom the overall satisfactory performance
would not have been possible.
|
For and on behalf of the Board of Directors |
|
SD/- |
M/s Geekay Wires Limited SD/- |
Place: Hyderabad |
|
|
Date: 31-08-2023 |
(Ghanshyam Dass) |
(Ashish Kandoi) |
|
Chairman & Managing Director |
Whole Time |
|
Director DIN:01539152 |
DIN: 00463257 |
+91-9892691696
