Jaipan Industries Ltd Management Discussions.
Jaipan Industries Limited is one amongst the few companies into the manufacturing of Electronic Household Accessory and has carried out a niche for them in this par-ticular Electronic industry. The management of the company vests in the Board com-prising of personnel with more than over a decade of hands-on industry experience. The day to day affairs are being managed by a team of experienced and qualified professionals.
The company always strives to achieve optimum performance at all levels by adhering to corporate governance practices which rests upon the four pillars of: transparency, disclosure, independent monitoring and fairness to all.
Continental Controls Limited always strived to promote good governance practices, which ensures that:
A Competent management team is at the helm of affairs.
The Board is strong with an optimum combination of Executive and Non-Executive directors, who represent the interest of all stakeholders.
The Board effectively takes all key corporate decisions and is effectively in con-trol of the company affairs.
The management and employees have a stable environment.
The total revenue of the Company has been Rs. 2766.98 Lacs as against the corresponding figure of Rs. 1973.96 Lacs for the last year.
With the positive economic environment, the company is positioning itself to reach greater heights with increase in production of all its product groups. Continuous R & D initiatives have shown improvement in quality and in the introduction of new products. However, with the unorganized players in the Indian Market, more particularly in the small-scale sector, prices have been under constant pressure resulting in lower realization. This threat is being effectively met by con-stant product up gradation, cost reduction, avoidance of waste and going for high value component.
DETAILS OF THE DIRECTOR SEEKING RE-APPOINTMENT IN FORTHCOMING ANNUAL GENERAL MEETING
(In pursuance of Regulation of the Securities and Exchange Board Of India (Listing Obligtions And Disclosure Requirements) Regulations, 2015 and Section 149(13) of The Companies Act, 2013)
|Name of Director||Mr. Atin Jainarain Agarwal|
|Date of Birth||September 09, 1977|
|Date of Initial Appointment||September 01, 2004|
|Expertise in specific functional areas||He is the Director of the M/s Jaipan Industries Limited, Venere India Marketing Private Limited, Praxis Health Care Private Limited, & Jaipan C2C. Mr. Atin is also having vast experience in the business of Jaipan Kitchen appliances and Hansa Marketing Pvt Ltd. which is indirectly controlled by him. Overall he has over 20 years of experience in this line of activity and possesses requisite set of skills to venture his business in a smooth and professional manner He looks after administrative functions, he enjoys good reputation in the market.|
|He has been instrumental in taking the company to great heights and achieve scale of heights. There are experts appointed to handle each department and they directly report to him to manage the company in a highly professionally manner.|
|Other Public Companies in which Directorship is held as on March 31, 2018.||No|
|Chairman of Committees formed by Board of other Companies on which he is a Director as on March 31, 2018.||Nil|
|Member of Committees formed by Board of other Companies on which he is a Director as on March 31, 2018.||Nil|
|Shareholding in the Company as on March 31, 2018||Nil|