The Company has been having very limited operations resulting in severe liquidity problems.
A) Industry Structure and Developments:
See the above note
B) Opportunities and Threats:
See the above note
C) Segment-Wise or Product-wise performance:
See the above note
D) Outlook and Risks and concerns:
See the above note
E) Internal Control Systems and their adequacy:
The Company has adequate internal control systems commensurate with the activities of the Company.
F) Discussion on financial performance with respect to operational performance:
During the year your Company has earned a gross income of Rs.3.14 lakhs (previous year Rs.0.01 lakhs) which has resulted in net loss of Rs.5.02 lakhs. The company is exploring alternatives available for restructuring its business.
G) Material developments in human Resources/Industrial Relations front, including people employed:
During the year there is no material developments in Human Resource/Industrial Relations front, including people employed.
For and on behalf of the Board | ||
Place : Hyderabad | BH.SUDHIR VERMA | M.PEDDI RAJU |
Date : 27-05-2019 | MANAGING DIRECTOR | DIRECTOR |
(DIN NO.08325563) | (DIN NO.01516288) |
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.
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.