Management Discussion and Analysis is given in a separate section forming part of the DIRECTORS Report in this Annual Report.
1.
INDUSTRY STRUCTURE & DEVELOPMENTAs 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.
OPPORTUNITIESThe food industry has evolved significantly during the year. Trading levels have improved and supply chains practices have become more efficient. The COMPANYS performance has also increased well during the year.
3.
THREATSIt is difficult to estimate the revival period of the Company.
4.
SEGMENT WISE PERFORMANCEThe Company was engaged in job contract of Biscuits.
The factory was closed on 30th June, 2019 and the management has decided to dispose off the undertaking of the Company.5.
OUTLOOKThe outlook appears to be bleak.
6.
OTHERSFor 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 2024-25
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 2024-25 (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 |
- |
- | - | N.A. | N.A. |
ii. The percentage increase/ (decrease) in remuneration of each Director, CEO and CFO in the Financial year 2024-25
Name of Director |
Designation |
Remuneration paid during 2024-25 | Remuneration paid during 2023-24 | % decrease / increase in remuneration |
Mrs. Hemakshi Patel |
Managing Director |
- | - | - |
Mr. Manan Patel |
CFO |
- | 1.17 Lakh | (-100%) |
Mrs. Namrata Vyas |
CS |
1.25 Lakh | 1.66 Lakh | (-24.69%) |
iii. The percentage increase in the median remuneration of employees in the financial year 2024-25: NIL iv. No. of Permanent employees on the rolls of Company as on 31 st March, 2025 : NIL
v. Company confirms that the remuneration is as per remuneration policy of the Company.
B. PARTICULARS OF EMPLOYEE
Information in terms Rule 5(2) of the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014: i. Particulars of top Five Employee in terms of remuneration drawn
Name & Designatio n of Employee |
Remunera tion Received (Rs. in Lakhs) | Nature of Employment |
Qualifications |
Experience |
Date of Commenceme nt of Employment |
Age | No. of Equity Shares held |
Manan Patel (CFO) |
- | Permanent |
B. Com |
13 years |
30/05/2024 |
36 | 49820 |
Namrata Vyas (CS) |
1.25 | Permanent |
CS |
5 years |
11/09/2024 |
35 | - |
ii. Employees who are employed throughout the year and in receipt of remuneration aggregating Rs. 1,02,00,000/- or more per year: Nil
iii. Employees who are employed part of the year and in receipt of remuneration aggregating Rs. 8,50,000/- per month: Nil
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