iifl-logo-icon 1
iifl-logo-icon 1Budget 2024
iifl-logo-icon 1
Home

Shah Foods Ltd Management Discussions

₹207.6
(-4.97%)
Jul 25, 2024|12:00:00 AM

Shah Foods Ltd Share Price Management Discussions

Management Discussion and Analysis is given in a separate section forming part of the Directors Report in this Annual Report.

1. INDUSTRY STRUCTURE & DEVELOPMENT

As mentioned at Sr. No. 2 of the Directors Report, the Management has disposed off the undertakings of the Company. In view of this, there is no comment on Industry Structure and Development.

2. OPPORTUNITIES

The factory was closed since 30th June, 2019 and there is no business transected by the Company after 30th June, 2019. However, the Company is exploring new business lines.

3. THREATS

It is difficult to estimate the revival period of the Company.

4. SEGMENT WISE PERFORMANCE

The Company was engaged in job contract of Biscuits. The factory was closed on 30th June, 2019 and the management has disposed off the undertaking of the Company. After 30th June, 2019 there is no business transected by the Company.

5. OUTLOOK

The outlook appears to be bleak.

6. OTHERS

For Risk and Concern, Inter Control System and their Adequacy, Financial Performance with respect to operation performance, Material Development in Human Resources/ Industrial Relations front, including number of people employed please refer to the Board Report.

A. PARTICULARS OF REMUNERATION FOR THE FINANCIAL YEAR 2022-23

As required under Rule 5(1) of the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014:

i. The ratio of the remuneration of each Director to the median remuneration of the employees

Name of Director

 Designation Remuneratio n of the Directors for 2022-23 (Rs. in Lacs) Median remuneratio n of the employees (Rs. in Lacs) Ratio of remuneration of the directors to the median remuneration of the employees
Mr. Nirav Shah Managing Director 8.64 N.A. N.A.

ii. The percentage increase/ (decrease) in remuneration of each Director, CEO and CFO in the Financial year 2022-23

Name of Director

 Designation Remuneration paid during 2022-23 Remuneration paid during 2021-22 % decrease / increase in remuneration
Mr. Nirav Shah Managing Director 8.64 6.48 33.33
Mr. Pradip Shah CFO 1.58 1.56 1.28

iii. The percentage increase in the median remuneration of employees in the financial year 2022-23: NIL

iv. No. of Permanent employees on the rolls of Company as on 31st March, 2023

v. Company confirms that the remuneration is as per remuneration policy of the Company.

Marketplus
Derivativesplus
IPOplus
Mutual Fundsplus
Calculatorsplus
Nifty 50plus
Companyplus
Loansplus
Knowledge Centerplus
Newsplus
Logo

Logo IIFL Customer Care Number
(Gold/NCD/NBFC/Insurance/NPS)
1860-267-3000 / 7039-050-000

Logo IIFL Securities Support WhatsApp Number
+91 9892691696

Download The App Now

appapp
Marketplus
Derivativesplus
IPOplus
Mutual Fundsplus
Calculatorsplus
Nifty 50plus
Companyplus
Loansplus
Knowledge Centerplus
Newsplus

Follow us on

facebooktwitterrssyoutubeinstagramlinkedin

2024, IIFL Securities Ltd. All Rights Reserved

About
IIFL Group
Products & Services
Trading Documentation
Useful Links
ATTENTION INVESTORS
  • Prevent Unauthorized Transactions in your demat / trading account Update your Mobile Number/ email Id with your stock broker / Depository Participant. Receive information of your transactions directly from Exchanges on your mobile / email at the end of day and alerts on your registered mobile for all debits and other important transactions in your demat account directly from NSDL/ CDSL on the same day." - Issued in the interest of investors.
  • KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary.
  • No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account."

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.

RISK DISCLOSURE ON DERIVATIVES
  • 9 out of 10 individual traders in equity Futures and Options Segment, incurred net losses.
  • On an average, loss makers registered net trading loss close to Rs. 50,000.
  • Over and above the net trading losses incurred, loss makers expended an additional 28% of net trading losses as transaction costs.
  • Those making net trading profits, incurred between 15% to 50% of such profits as transaction cost.
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

plus
We are ISO 27001:2013 Certified.

This Certificate Demonstrates That IIFL As An Organization Has Defined And Put In Place Best-Practice Information Security Processes.