Today's Top Gainer
Note:Top Gainer - Nifty 50 More
Your Company is presently doing fees based activity and looking forward for a revival.
OPPURTUNIES AND THREATS
Todays Indias focus is on Service Sector and overall growth of economy. Though initial forecast for the current year are to be good. The economy growth will decide prospects for the year.
FINANCIAL PERFORMANCE v/s OPERATIONAL PERFORMANCE
Over the last few years the company has incurred significant losses and now the company is improving its financial by doing fees based activity and looking forward for revival. The Company is implementing its business strategies to achieve its long term objects.
Cutting cost on all fronts improving its efficiencies across its operations. This however, needs further improvement.
Redefining business is necessary for growth and remains profitable. PCMIL always tried to harness available opportunities.
INTERNAL CONTROL SUSTEMS AND THEIR ADEQUACY
The company has adequate internal control Systems which specifically focus towards:-
Efficiency of operations
Conservation of resources
Accuracy and promptness of financial reporting
Regular compliance with statutes and regulations
Your Company is working towards further strengthening of organization structure, authority levels, documented policy guideline/procedures and management review systems.
DEVELOPMENT IN HUMAN RESOURSES
The Companys all relations continued to be harmonious and cordial with focus on improving inter personnel relationship, team building, productivity, quality and safety. The focus is on providing and maintaining a high level of motivation, on leadership development and upgrading of human skills.
Estimates and expectations stated in this Management Discussion and Analysis report may be "forward-looking statement" within the meaning of applicable securities laws and regulations. Actual results could differ materially from those expressed or implied. Important factors that could make difference to your Companys operations include economic conditions, changes in Government regulations, tax laws, and other statutes and other incidental factors.
DECLARATION OF COMPLIANCE WITH THE CODE OF CONDUCT
[Pursuant to Regulation 26(3) of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015]
To the members of
Premium Capital Market & Investments Limited
This is to confirm that for the year 2017-18, all the Directors and Senior Management Personnel of the Company have affirmed compliance with the Code of Conduct applicable to all the Directors and Senior Management of the Company.
S. K. Bandi