Dear Members,
Your Directors have pleasure in presenting their 39th Annual report on the affairs of
the Company together with the Audited Statement of Accounts for the year ended on 31st
March, 2022.
1. Financial Performance:
A summary of Companys Financial Performance for FY 2021-22 is as follows:
|
|
(Rupees) |
| Particulars |
Year Ended 31.03.2022 |
Year Ended 31.03.2021 |
| Gross Revenue |
139,49,317 |
65,84,604 |
| Total Expenses |
133,10,366 |
146,12,772 |
| Profit before tax |
6,38,951 |
(80,28, 168) |
| Less: Current Tax |
166,200 |
- |
| Deferred Taxes |
274,203 |
(28,24,302) |
| Excess/Short provision of tax |
- |
(2,60,835) |
| Profit for the year |
198,548 |
(49,43,030) |
| Paid Up Equity Share Capital |
14,00,00,000 |
14,00,00,000 |
2. Deposits:
The Company has not accepted or renewed any amount falling within the purview of
provisions of Section 73 of the Companies Act 2013 ("the Act") read with the
Companies (Acceptance of Deposit) Rules, 2014 during the year under review.
3. Particulars of Loans, Guarantees or Investments:
Pursuant to the provisions of Section 186 of the Companies Act, 2013, read with The
Companies (Meetings of Board and its Powers) Rules, 2014 as amended from time to time
(including any amendment thereto or re-enactment thereof for the time being in force),
Loans, guarantees and investments covered under Section 186 of the Companies Act, 2013
form part of the Notes to Accounts of the Financial Statements provided in this Annual
Report.
4. Dividend:
Due to exigencies of funds and with a view to conserve the resources, your directors do
not recommend any Dividend for the financial year 2021-22.
5. Unpaid Dividend & IEPF:
The Company is not required to transfer any amount to the Investor Education &
Protection Fund (IEPF) and does not have unclaimed dividend which remains to be
transferred to Investor Education & Protection Fund (IEPF).
6. Transfer To Reserves:
The Board of Directors has not appropriated and transferred any amount to any Reserve
and has decided to retain the entire amount in profit and Loss account.
7. Directors and Key Managerial Personnel:
a) Number of Meeting of the Board:
During the year 2021-22, the Board of Directors met Seven Times viz. on 10th Jun 2021,
5th August, 2021, 31st Aug 2021, 13th Oct 2021, 15th Nov 2021, 14th Feb 2022 and 31st Mar
2022. The intervening gap between two Board meetings did not exceed the time limit
prescribed in the Act and the Securities and Exchange Board of India (Listing Obligations
and Disclosure Requirements), Regulations, 2015 (SEBI LODR 2015). The particulars of the
meetings and the details thereof have been provided in the Corporate Governance Report
forming part of this report.
b) Statement on declaration given by independent directors under sub-section (6) of
section 149:
All Independent Directors have given declarations that they meet the criteria of
independence as laid down under Section 149 (6) of the Companies Act, 2013 and Regulation
16 (1) (b) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
c) Statement indicating the manner in which formal annual evaluation has been made by
the Board of its own performance and that of its committees and individual directors:
Pursuant to the provisions of the Companies Act, 2013 and Regulation 17 (10) of SEBI
(Listing Obligations and Disclosure Requirements) Regulations, 2015, the Board has carried
out annual performance evaluation of its own performance, the directors individually as
well as the evaluation of the working of its Audit, Nomination & Remuneration and
Stakeholder relationship Committees. The manner in which the evaluation has been carried
out has been explained in the Corporate Governance Report.
d) Separate meeting of Independent Directors as per Schedule IV of Companies Act, 2013:
In a separate meeting of Independent Directors, performance of non-independent
directors, performance of the Board as a whole and performance of the Chairman was
evaluated, taking into account the views of executive director. The same was discussed in
the Board meeting held subsequently to the meeting of the independent directors, at which
the performance of the Board, its Committees and individual directors was also discussed.
Performance evaluation of independent directors was done by the entire Board, excluding
the independent director being evaluated.
e) Board of Director & Key Managerial Personnel:
i. Appointment of Directors and Key Managerial Personnel (KMP) During the Financial
Year 2021-22:
- Director:
No Director appointed during the financial year 2021-22.
Key Managerial Personnel:
No KMP appointed during the financial year 2021-22.
ii. Change in Designation:
There was no change in designation of directors during the year.
iii. Resignation of Directors and Key Managerial Personnel (KMP) During the Financial
Year 2020-21:
> Mr. Ashish Kankani resigned from the directorship of the Company w.e.f. 4th
October, 2021.
8. Report on performance of Subsidiaries, Associates and Joint Venture Companies:
The Company had incorporated subsidiary with a name of PSL Recycling Private Limited on
27 May, 2019 with an Authorized Share Capital of Rs.1,00,000/- which is registered with
the Registrar of Companies, Gujrat at Ahmedabad. The subsidiary had not commenced
activities during the year and there were no material transactions.
Pursuant to the divestment of 51% holdings in the capital of PSL Recycling Private
Limited (CIN: U37200GJ2019PTC108362) by the holding Company Parle Industries Limited
‘PSL Recycling Private Limited ceased to be Subsidiary Company of ‘Parle
Industries Limited w.e.f. 31/08/2021. Hence the company has not prepared Consolidated
Financial Statements.
During the Financial Year 2021-22, the Company does not have any Associate and Joint
Venture Company.
9. Directors Responsibility Statement:
Pursuant to the requirement under section 134 (3) (C) of the Companies Act, 2013 with
respect to Directors Responsibility Statement, it is hereby confirmed that;
a) In the preparation of the annual accounts for the financial year ended 31st March,
2022, the applicable accounting standards had been followed along with proper explanation
relating to material departures;
b) The directors had 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 as at 31st March, 2022 and of the profit
and loss of the company for that period;
c) The directors had taken proper and sufficient care for the maintenance of adequate
accounting records in accordance with the provisions of the Companies Act, 2013 for
safeguarding the assets of the company and for preventing and detecting fraud and other
irregularities;
d) The directors had prepared the annual accounts on a going concern basis;
e) The directors had laid down internal financial controls to be followed by the
company and that such internal financial controls are adequate and were operating
effectively; and
f) The directors had devised proper systems to ensure compliance with the provisions of
all applicable laws and that such systems were adequate and operating effectively.
10. Material changes and commitments affecting the Financial Position of the Company:
The Board in their meeting held on 31/3/2022 has approved the proposal to divest/sale
the whole of assets and liabilities relating to one of its business division of Paper,
Waste Paper & Allied Products to the prospective buyer in the forthcoming year
2022-2023, subject to Shareholder Approval in the upcoming AGM.
No other material changes and commitments affecting the financial position of the
Company have occurred between the end of the Financial year of the Company to which the
Financial Statement relate and the date of this report.
11. Audit Committee:
The Board has well-qualified Audit Committee, the composition of which is in line with
the requirements of Section 177 of the Companies Act, 2013 read with Regulation 18 of SEBI
LODR 2015. All the Members, including the Chairman of the Audit Committee are Independent.
They possess sound knowledge on Accounts, Audit, Finance, Taxation, Internal Controls etc.
The details viz, Composition, number of meetings, dates of meetings and attendance of
Directors at such meeting are included in the Corporate Governance Report.
During the year under review, the Board has accepted all the recommendations made by
the Audit Committee.
The Company Secretary and Compliance Officer of the Company acts as Secretary of the
Committee. During the year, four Audit Committee Meetings were convened and held.
12. Nomination and Remuneration Committee:
The Company has duly constituted Nomination and Remuneration and Compensation Committee
as per the requirements prescribed under the provisions of Section 178 of the Companies
Act, 2013 and Regulation 19 of Securities and Exchange Board of India (Listing Obligations
and Disclosure Requirements), Regulations, 2015.
During the year, Six Nomination and Remuneration Committee Meetings were convened and
held.
13. Share Transfer and Stakeholders Relationship Committee:
As per the requirements of Section 178 of the Companies Act, 2013 and Regulation 20 of
SEBI LODR 2015, the company has constituted Stakeholders Relationship Committee. The
details of Composition of the Committee are included in the Corporate Governance Report.
During the year, four Stakeholder Relationship Committee Meetings were convened and
held.
14. Board Evaluation:
The Board of Directors has carried out an annual evaluation of its own performance,
Board committees and Individual Directors pursuant to the provisions of the Act and the
Corporate Governance requirements as prescribed by Securities and Exchange Board of India
("SEBI") under the SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015.
The performance of the Board was evaluated by the Board after seeking inputs from all
the Directors on the basis of the criteria such as the Board composition and structure,
effectiveness of board processes, information and functioning, etc.
The performance of the committees was evaluated by the board after seeking inputs from
the committee members on the basis of the criteria such as the composition of committees,
effectiveness of committee meetings, etc.
The Board and the Nomination and Remuneration Committee reviewed the performance of the
individual Directors on the basis of the criteria such as the contribution of the
individual Director to the Board and committee meetings. In addition, the Chairman was
also evaluated on the key aspects of his role.
In a separate meeting of Independent Directors, performance of non- Independent
Directors, performance of the board as a whole and performance of the Chairman was
evaluated, taking into account the views of executive directors and non-executive
Directors.
15. Related Party Transactions:
Particulars of contracts or arrangements with related parties referred to in
sub-section (1) of section 188 in the form AOC-2:
During the year under review, all contracts / arrangements / transactions entered by
the Company were in its Ordinary Course of the Business and on Arms Length basis. During
the year, the company has an Inter - Company Deposit (ICD) of net amount of Rs.1.04 Crore
(Net) from PIL Enterprises Pvt. Ltd for the purpose of Business. There were no other
material transactions with any related party as defined under Section 188 of the Companies
Act, 2013 read with Companies (Meetings of Board and its Powers) Rules, 2014.
There are no materially significant related party transactions made by the Company with
Promoters, Directors, Key Managerial Personnel or other designated persons which may have
a potential conflict with the interest of the Company at large
All Related Party Transactions are placed on a quarterly basis before the Audit
Committee and also before the Board for approval.
The Policy on materiality of related party transactions and on dealing with related
party transactions as approved by the Board may be accessed on the Companys website
www.parleindustries.com The Policy intends to ensure that proper reporting, approval and
disclosure processes are in place for all transactions between the Company and related
parties.
There were no material transactions entered into with related parties, during the
period under review, which may have had any potential conflict with the interests of the
Company. Accordingly, the disclosure of Related Party Transactions as required under
Section 134 (3) (h) of the Companies Act, 2013 in Form AOC-2 is annexed as Annexure
1 of this Report
16. Conservation of energy, technology absorption, foreign exchange earnings and outgo
Since your Company does not own any manufacturing facility, the requirements pertaining
to disclosure of particulars relating to conservation of energy, research and development
and technology absorption, as prescribed under the companies Act, are not applicable. The
foreign exchange earnings and expenditure of the Company during the financial year 2021-22
under review were Rs. NIL.
17. Risk management policy and its implementation
The Company has in place a mechanism and policy to identify, assess, monitor and
mitigate various risks to key business objectives. Major risks identified by the
businesses and functions are systematically addressed through mitigating actions on a
continuing basis. These are discussed at the meetings of the Audit Committee and the Board
of Directors of the Company. The Risk Management Policy of the Company is hosted on the
website of the Company at https: //www .parleindustries .com.
The Companys internal control systems are commensurate with the nature of its business
and the size and complexity of its operations. These are routinely tested and certified by
Statutory as well as Internal Auditors.
18. Corporate Social Responsibility (CSR)
As the Company does not fall under the mandatory bracket of Corporate Social
Responsibility, the Company has not taken any initiative on Corporate Social
Responsibility.
19. Significant and material orders passed by the regulators or courts:
During the year under review, there were no significant and material orders passed by
the regulators or courts or tribunals, which may impact the going concern status of the
Company and its operations in future.
20. Auditors of the Company
a) Statutory Auditor of the Company and their observations on accounts for the year
ended 31st March, 2022:
i) Pursuant to the provisions of Section 139 of the Companies Act, 2013, At Board
Meeting held on 5th August, 2021 the Members approved resignation of M/s. Dhawan &
Co., Chartered Accountants [FRN: 002864N]
ii) Pursuant to the Schedule I of SEBI (Listing Obligations and Disclosure
Requirements) Rcgulations, 2015, we hereby inform you that Board of Directors at its
meeting held on 5th August, 2021 appointed M/s. DMKH & Co. Chartered Accountants (FRN:
116886W) as Statutory Auditors of the Company in casual vacancy occurred due to
resignation of Statutory Auditors, M/s. Dhawan & Co. w.e.f. 5th August, 2021,
subsequently approved by shareholders at Annual General Meeting held on 29th September,
2021..
b) Secretarial Auditor of the Company and their observations on accounts for the year
ended 31st March, 2022
Section 204 of the Companies Act, 2013 and the Companies (Appointment and Remuneration
of Managerial Personnel) Rules, 2014 inter-alia requires every listed company to annex
with its Boards report, a Secretarial Audit Report given by a Company Secretary in
practice, in the prescribed form. The Board appointed M/s. M. Rupareliya & Associates
(Mem No.A51422, Cp No. 18634), Practicing Company Secretary as Secretarial Auditor of the
Company for the Financial Year 2021-22 and its report is annexed hereto and marked as Annexure
- 2.
Regulation 24 (A) of SEBI (Listing Obligation and Disclosure Requirements) Regulations,
2015 inter-alia requires every listed company to annex with its Boards report, a
Secretarial Annual Compliance Report given by a Company Secretary in practice, in the
prescribed form. The Board appointed M/s. M. Rupareliya & Associates (Mem No.A51422,
CP No. 18634), Practicing Company Secretary as Secretarial Auditor of the Company for the
Financial Year 2021-22 and its report is available on website of the Company
www.parleindustries.com .
There are no qualifications, reservations or adverse remarks or disclaimers made by
M/s. M Rupareliya & Associates, Company Secretary in Practice, in secretarial audit
report and compliance report. However, there are few observations which is listed below
along with directors comments on that:
1. The Company has made delay in System Driven Disclosures to the depositories as per
circular SEBI/HO/CFD/DCR1/CIR/P/2018/85 dated May 28, 2018 followed by circular
SEBI/CIR/CFD/DCR1/CIR/P/2020/181 dated September 23, 2020.
Management Response : Company had filed the disclosure on time, however it got rejected
due to technical error, therefore delayed filing.
2. The Company has delayed by a day in filing Regulation 24A of LODR for the year
ending 31.03.2021.
Management Response : The filing was delayed by 1 day due to a technical glitch.
3. The Company has not Complied with LODR 34(3) Read with Schedule V of with regard to
B(1)(i) and C(2)(h) with regard to :
• Key Financial Ratios not disclosed in Annual Report
• Names of Directors who have Skills/Expertise not mentioned in Annual Report.
Management Response : Company has inadvertently missed its reporting in Annual report.
4. The Company has not complied with Circular No.: NSDL/CIR/II/10/2021 dated 21.05.2021
of NSDL & Circular No. CDSL/OPS/RTA/POLCY/2021/65 dated June 02, 2021 with regard to E
voting details required to be updated on the CDSL and NSDL portal.
Management Response : Company has uploaded e- voting results on CDSL website and sent
e- voting details to NSDL through email.
5. The Company has been levied a fine of Rs. 76,700/- by Bombay Stock Exchange for
noncompliance of Regulation 23(9) of LODR for delay in filing Compliance under Regulation
23(9) of LODR for disclosure of Related Party Transaction for the half year ended on
March, 2022. Further Company has filed its submissions to Bombay Stock Exchange in the
matter . The Company is yet to pay the said fines.
Management Response : Company has filed required disclosure under Regulation 23(9) of
LODR and has made its submission to BSE regarding the same. .
6. The Company has delayed in filing E form ADT 1 for appointment of statutory Auditor
in Casual Vacancy as per the provisions of Companies act, 2013.
7. The Company has not filed E form MGT 7 for the year 2020-21 in terms of section
92(4) of Companies Act, 2013.
8. The Company has delayed in Filing of MGT 14 for the resolutions passed in Board
Meeting dated 13.10.2021 for the cessation of subsidiary w.e.f. 31.08.2021, as per the
provisions of section 117 of Companies Act, 2013.
Management Response : There has been inadvertent delay in filing of some ROC Forms and
the Company is ensuring to file all ROC forms within prescribed time limit.
c) Internal Auditor of the Company for Financial Year 2021-22:
Pursuant to Section 138 of Companies Act, 2019 and on the recommendation of Audit
Committee, the Board of Directors in its meeting held on 25 th May, 2022 appointed M/s.
Motilal & Associates, Chartered Accountants as Internal Auditor of the Company for
conducting internal audit and lay down report in meeting of Audit Committee and Board of
Directors at such interval as committee or Board deems fit as the case may be.
21. Internal financial controls and their adequacy:
The Company has an Internal Control System, commensurate with the size, scale and
complexity of its operations. The internal control systems, comprising of policies and
procedures are designed to ensure sound management of your Companys operations,
safekeeping of its assets, optimal utilization of resources, reliability of its financial
information and compliance. Based on the report of Internal Audit function, corrective
actions are undertaken in the respective areas and thereby strengthen the controls.
The statutory auditors of the Company have audited the financial statements included in
this annual report and has issued a report on our internal financial controls over
financial reporting as defined in Section 143 of the Act.
A Certificate from the Managing Director/ CEO/ CFO of the Company in terms of
Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements)
Regulations 2015, inter alia, confirming the correctness of the Financial Statements and
Cash Flow Statements, adequacy of the internal control for financial reporting, and
reporting of matters to the Audit committee, is also forming part of this Annual Report.
22. Details in respect of frauds reported by auditors under section 143 (12):
During the year under review, there were no incidents of frauds reported by the
auditors to the Audit Committee or the Board under section 143 (12) of the Companies Act,
2013.
23. Extract of Annual Return
Pursuant to the provisions of Section 134 (3) (a) of the Companies Act, 2013, Extract
of the Annual Return for the Financial Year ended 31st March 2022 made under the
provisions of Section 92 (3) of the Act will be placed on the website of the Company at:
https: //www .parleindustries.com/investors.html
24. Corporate Governance and Management Discussion And Analysis Report:
Pursuant to Regulations 17 to 27, clauses (b) to (i) of Regulation 46 (2) and Para C, D
and E of Schedule V of SEBI (Listing Obligations and Disclosure Requirements) Regulations,
2015 the corporate governance report together with Auditor report on the compliance on the
same is annexed hereto and marked as Annexure - 3 and the Management Discussion and
Analysis report is annexed hereto and marked as Annexure - 4.
25. Secretarial standards of ICSI
The Company hereby affirms that during the year under review, the Company has complied
with all the applicable Secretarial standards i.e. SS-1 and SS-2, relating to
‘Meetings of the Board of Directors and ‘General Meetings respectively
(including any modifications or amendments thereto) issued by the Institute of Company
Secretaries of India.
26. Vigil Mechanism /Whistle Blower Policy
As per the provision of Section 177 (9) of the Companies Act, 2013, and Regulation 22
of Securities and Exchange Board of India (Listing Obligations and Disclosure
Requirements), Regulations, 2015 (SEBI LODR 2015) the Company is required to establish an
effective Vigil Mechanism for Directors and Employees to report genuine concerns. In line
with this, the Company has framed a Vigil Mechanism and a Whistle Blower Policy through
which the Directors and Employees, Franchisees, Business Partners, Vendors or any other
third parties making a Protected Disclosure under this Policy may report concerns about
unethical behavior, actual or suspected fraud or violation of the Companys Code of
Conduct & Ethics without fear of reprisal. The Policy provides for adequate safeguards
against victimization of employees who avail of the mechanism and also provides for direct
access to the Chairman of the Audit Committee. It is affirmed that no personnel of the
Company have been denied access to the Audit Committee. The Whistle Blower Policy is
placed on the website of the Company at www.parleindustries.com.
27. PARTICULARS OF EMPLOYEES
The information required under Section 197 of the Companies Act, 2013 read with rule
5(1) of the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014
are given below:
i. The ratio of the remuneration of each Director to the median remuneration of the
employees of the company for the financial year 2021-22;
| Name of Directors |
Ratio to median remuneration |
| Mr. RaviprakashVyas |
0 |
| Mr. NarendraPurohit |
0 |
| Mr. AshishKankani |
0 |
| Mrs. Unnatti Jain |
0 |
| Mr. Rakeshkumar Mishra |
2 |
| Mr. Paras Bhojani |
1 |
| Mrs. Kalpana Jha |
1 |
| Mr. Devansh Motiwala |
4 |
ii. The percentage increase in remuneration of each Director, CEO, CFO, Company
Secretary, if any, in the financial year;
| Name |
Designation |
Increase in Remuneration in Financial Year 2021-22 |
| Mr. Rakeshprakash Mishra |
Executive Director |
nil |
| Mr Manish Patel |
CFO |
nil |
| Mr. Paresh Parekh |
CEO |
nil |
| Mr. Devansh Motiwala |
CS |
nil |
iii The percentage increase in the median remuneration of employees in the financial
year 2021 -22 was 3.20%.
iv. The number of permanent employees on the rolls of Company as on March 31, 2022 is
8.
v. The average percentage increase in the salaries of employees in the financial year
2021-22 was 3.20%. However, there was no increase in the salaries of Director (Managerial
Personnel) during the year. The increments given to employees are based on their
potential, performance and contribution, which is also, benchmarked against applicable
industry norms.
vi. The Company affirms remuneration is as per the remuneration policy of the Company.
vii. There are no employees falling within the purview of Rule 5(2) of the Companies
(Appointment and Remuneration of Managerial Personnel) Rules, 2014, no such details, are
required to be given.
28. Director & Chief Financial Officer Certification
Certificate from Mr. Manish Patel Chief Financial Officer and CEO Mr. Paresh Parekh, as
specified in Part B of Schedule II of the SEBI (Listing Obligation and Disclosure
Requirements), Regulations, 2015 for the financial year ended March 31, 2022 was placed
before the Board of Directors of the Company.
29. Policy on Appointment And Remuneration For Directors, Key Managerial Personnel And
Senior Management Employees
The Nomination and Remuneration Committee of the Board has devised a policy for
selection and appointment of Director, Key Managerial Personnel and Senior Management
Employee and their
Remuneration. The Committee has formulated the criteria for determining qualifications,
positive attributes and independence of a Director, which has been put up on the Companys
website www.parleindustries.com.
30. Prevention of Sexual Harassment of Women at Workplace:
The Company has in place the "Policy on Prevention of Sexual Harassment at the
Workplace" in line with the requirements of The Sexual Harassment of Women at
Workplace (Prevention, Prohibition and Redressal) Act, 2013. During the year under review,
no complaints were received by the Committee for Redressal.
31. Issue of Sweat Equity Shares:
The Company has not issued any shares with Sweat Equity Shares and hence no information
as per provisions of Section 54 of Companies Act 2013 is furnished.
32. Employee Stock Option Plan:
The Company has not issued any security under Employee Stock Option Plan and hence no
information as per provisions of Section 62 of Companies Act 2013 is furnished.
33. Issue of Shares with Differential Voting Rights:
The Company has not issued any shares with differential rights and hence no information
as per provisions of Section 43 (a) (ii) of the Act read with Rule 4 (4) of the Companies
(Share Capital and Debenture) Rules, 2014 is furnished.
34. Disclosure Under Section 67 (3) of the Companies Act, 2013:
During the year under review, there were no instances of non-exercising of voting
rights in respect of shares purchased directly by employees under a scheme pursuant to
Section 67 (3) of the Act read with Rule 16 (4) of Companies (Share Capital and
Debentures) Rules, 2014 is furnished.
35. State Of The Companys Affairs
During the year companys has earned profit but it has no significant impact on
Companys financial.
36. Listing of Shares
Equity Shares of the Company are listed with BSE Limited. The Annual listing fee for
the financial year 2021-22 has been paid to the BSE Limited (BSE).
37. Appreciations and Acknowledgements:
The Board of directors places on record its sincere appreciation for the dedicated
efforts put in by all employees, their commitment and contribution at all levels, in most
difficult and challenging environment during the year. Your Directors would like to record
their sincere appreciation for the support and co-operation that your Company received
from business associates and other strategic partners of the company.
Your Directors wish to place on record their sincere appreciation and thanks for the
valuable cooperation and support received from the Registrar of Companies, Maharashtra,
Regional Director, Western Region, Ministry of Company Affairs, Companys bankers,
financial institutions, Regulatory Authorities, Stock Exchanges and shareholders at large
and look forward to the same in greater measure in the coming years.
|
For and on behalf of the Board of Directors |
|
Sd/- |
Sd/- |
|
Rakesh Mishra |
Kalpana Jha |
| Place: Mumbai |
Director |
Director |
| Date: 24/08/2022 |
(DIN: 06919510) |
(DIN: 08853652 ) |
+91-9892691696
