metropoli overseas ltd Management discussions


Industry structure & growth

In view of the Government’s various development policies, industrial development both in private and public sector is being followed gradually. Since, your Company is engaged in hardcore industry i.e. rubber, hence the growth in public and private sector has indirect impact in the Company’s business. However, due to shortage of financial resources there is limitation in the development of the business of the Company.

Opportunities and Threats

The business growth is directly linked with the capital investment which your Company is presently lacking. However, attempts are being made even with the low capital investment to make development of the business by maximum possible utilization of the installed capacity of the plant.

Competition is another threat which is not an exception to our industry and in order to overcome this barrier, cost control, quality of the products and other effective measures have been adopted by the management.

Management Information System

MIS department has been set up for collecting information, analyzing the same and reporting to the management for proper and quick decision.

Outlook

Management is formulating and processing various plans for survival and growth of the Company which is the ultimate objective and it is anticipated that with this positive outlook your Company will be benefitted in the long run.

Shareholders Information:

a) Annual General Meeting :

Date & Time : Friday, 30th September, 2016 at 11.30 A.M.
at 11.00 A.M.
Venue : Chatterjee International Centre
33A, J.L. Nehru Road
Kolkata-700071.

b) Date of Book Closure

The Register of Members and the Share Transfer Register of the Company shall remain closed from 19st September, 2016 to 23rd September, 2016 (both days inclusive)

c) Registrar and Share Transfer Agents & address for Investor’s correspondence

M/s. R & D Infotech Pvt. Ltd., 7A, Beltala Road, 1st Floor, Kolkata-700026.

d) Address for correspondence & any query on Annual Report Metropoli Overseas Ltd.

2, B. B. D. Bag(East), Kolkata – 700 001

e) Listing on Stock Exchange and payment of Listing Fees

The equity shares of the Company are listed at:

1) Bombay Stock Exchange

Address: Phiroze Jeejeebhoy Tower
Dalal Street, Mumbai-400023
Scrip Code: 514456

2) The Calcutta Stock Exchange Limited Address: 7, Lyons Range, Kolkata-700001

3) Madras Stock Exchange Limited

Address: 11, Second Line Beach, Post Box No. 183 Chennai-600001 f) Dematerialization of Shares

All the shares are in physical form M/s. R & D Infotech Pvt. Ltd. is the Registrar & Transfer Agents for the Company.

g) Stock Market Rate

The Company’s shares are not traded on any Stock Exchange due to suspension.

 

Cautionary statement

Statements in the Management Discussion & Analysis describing the Company’s objectives, estimates, projections may be ‘forward looking statements’ within the meaning of applicable laws and regulations. But actual results could differ materially due to change in Government regulations, Tax laws and other statutes.