1. Overall Review:
The overall performance during the financial year 2017-18 has been satisfactory.
2. Financial Review:
Total turnover for the year ended 31st March, 2018 was Rs. 30.10 lacs. The turnover of the company has been increase from 8.12 lacs to 30.10 lacs in the financial year 2017-18.
3. Internal Control System and their adequacy:
Considering the size of the company, your company has adequate system of internal control to provide reasonable assurance that assets are safeguarded and protected from unauthorized use or deposition.
4. Business Environment:
The Performance of the company for the year under review was satisfactory.
5. Risk and Concern:
The building, plant and machinery, vehicle and stocks of the company are adequately insured.
6. Cautionary Statement:
Statements in this report on management Discussion and analysis may be forward looking statements within the meaning of applicable security laws or regulations. These statements are based on certain assumptions and expectations of future events. Actual results could however, differ materially from those expressed or implied. Important factors that could make a different to the Companys operations include global and domestic demand supply conditions, finished goods prices, raw material cost and availability and changes in government regulation and tax structure, economic development within India and the countries with which the company has business contacts and other factors such as litigation and industrial relations. The Company assumes no responsibilities in respect of forward looking statements which may be amended or modified in future on the basis of subsequent developments, information of event.
Place: AHMEDABAD | BY ORDER OF THE BOARD OF DIRECTORS, | |
Date: 14/08/2018 | FOR, GOLDEN CAPITAL SERVICES LIMITED | |
sd/- | sd/- | |
MR. BHAVIK NIMAVAT | MR. KRUTI KAPADIA | |
Director | Director | |
(DIN: 08003993) | (DIN: 07746940) |
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www.indiainfoline.com is part of the IIFL Group, a leading financial services player and a diversified NBFC. The site provides comprehensive and real time information on Indian corporates, sectors, financial markets and economy. On the site we feature industry and political leaders, entrepreneurs, and trend setters. The research, personal finance and market tutorial sections are widely followed by students, academia, corporates and investors among others.
Copyright © IIFL Securities Ltd. All rights Reserved.
Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213, IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248
This certificate demonstrates that IIFL as an organization has defined and put in place best-practice information security processes.