Shree Global Tradefin Ltd Directors Report.

Dear Members,

Your Directors are pleased to present the Companys Thirty fourth Annual Report and the Companys Audited Financial

Statement for the financial year ended 31st March, 2020.

FINANCIAL PERFORMANCE AND THE STATE OF THE COMPANYS AFFAIRS

(Figures in Rs Lakhs)

Standalone

Consolidated

Particulars Current Year Previous Year Current Year Previous Year
2019-20 2018-19 2019-20 2018-19
Revenue from operations 56.90 1,457.89 56.90 1,457.89
Other Income 25.23 0.29 25.23 0.29
Total Income 82.13 1,458.18 82.13 1,458.18
Expenses 234.30 2,261.81 234.30 2,261.81
Profit/(Loss) before tax (152.17) (803.63) (152.17) (803.63)
Tax expenses (69.24) - (69.24) -
Profit/(Loss) after tax (82.93) (803.63) (82.93) (803.63)
Share of Profit/(Loss) of associate - - 30.27 (3,593.73)
Profit/(Loss) for the Period (82.93) (803.63) (52.66) (4,397.36)
Other comprehensive income (net of tax) (2,270.34) (1,627.46) (2,268.36) (1,627.03)
Total
Comprehensive (2,353.27) (2,431.09) (2,321.02) (6,024.39)
Income of the Year

On Standalone Basis

The Company has a net loss of Rs (82.93) lakhs for the year under review as against Rs (803.63) lakhs loss in the last year. The total Income of the Company for the year under review was Rs 82.13 lakhs as against Rs 1,458.18 lakhs during the last year.

On Consolidated Basis

The Company has consolidated net loss of Rs (52.66) Lakhs for the year under review as against Rs (4,397.36) Lakhs loss in the last year. The total consolidated income of the Company was Rs 82.13 lakhs for the year under review as against Rs 1,458.18 lakhs during the last year.

MANAGEMENT DISCUSSION AND ANALYSIS

The core business of the Company is trading in Iron & Steel products. The Management discussions and analysis is given hereunder:-a) Industry structure and development: Company is engaged in trading activity primarily having vast potential & now being getting attention of the organised sector.

b) Opportunities and threats: Sustained economic growth in the country may affect the business of the Company and sector overall. However, the Company is taking proper steps to mitigate the business risk.

c) Segment-wise performance: The Company is operating on only one broad segment and hence separate segmental reporting is not applicable. The Company has no activity outside India.

d) Outlook: The outlook for 2020-2021 has to be viewed in the context of overall economic scenario etc.

e) Risk and concerns: The Company is exposed to general market risk and is initiating adequate step.

f) Internal control system: The Company maintains adequate internal control systems, which provide adequate safeguards and proper monitoring of the transactions.

g) Discussion on financial performance with respect to operating performance: The operating performance of the Company has been discussed in Directors Report under the head "Financial Performance and the state of the Companys Affairs" in the current year.

h) Human resources and industrial relations: During the year under review the Employee/Industrial relations remained cordial.

i) Key Financial Ratios

In accordance with the SEBI (Listing Obligations and Disclosure Requirements) (Amendment) Regulations, 2018, the Company is required to give details of significant changes (change of 25% or more as compared to the immediately previous financial year) in key financial ratios.

The Company has identified the following ratios as key financial ratios:

Particulars 2019-20 2018-19
Debtor Turnover Ratio (times) 1.90 3.26
Current Ratio 1.12 1.22
Operating Profit Margin (%) (1.46) (0.00)
Net Profit Margin (%) (1.46) (0.55)
Revenue Growth (0.96) (0.94)

Ratios where there has been a significant compared to immediately preceding financial year.

The Debtor Turnover Ratio has decreased significantly due to better realization till year end. The Operating profit margin has decreased due to increase in Operating Loss and decrease in Revenue. The net profit margin has decreased due to decrease in revenue from operations.

j) Return on Networth The details of return on net worth are given below :

Particulars 2019-20 2018-19
Return on networth (%) (0.00) (0.02)

The return on networth has increased due to the decrease in the net loss of the Company from Rs 803.63 Lakhs in the previous Financial Year 2018-19 to Rs 82.93 Lakhs in the Current Financial Year 2019-20.

k) Cautionary Statement: The Management Discussion and Analysis describe Companys projections, expectations or predictions and are forward looking statements within the meaning of applicable laws and regulations. Actual results could differ materially from those expressed or implied. Important factors that could make a difference to the Companys operations include economic conditions affecting demand and supply and price conditions in domestic and international market, changes in Government regulations, tax regimes, economic developments and other related and incidental factors.

CONSOLIDATED FINANCIAL STATEMENTS

The Consolidated Financial Statements of the Company and its associate, prepared in accordance with the Companies Act, 2013 and applicable Indian Accounting Standards along with all relevant documents and the Auditors Report form part of this Annual Report. The Consolidated Financial Statements presented by the Company include the financial results of its associate.

The Financial Statements as stated above are also available on the website of the Company at www.sgtl.in

SUBSIDIARIES, ASSOCIATES AND JOINT VENTURES

As on 31st March, 2020, we have 1 associate Company

"Indrajit Properties Private Limited". None of the companies have become or ceased to be the subsidiary, associate and joint venture companies during the year under review. In accordance with Section 129(3) of the Companies Act, 2013, we have prepared the consolidated financial statements of the Company, which form part of this Annual Report. Further, a statement containing the salient features of the financial statement of our associate in the prescribed format AOC-1 is appended as "Annexure A" to the Boards report. The statement also provides details of the performance and financial position of the associate.

SHARE CAPITAL

During the financial year under review, there is no change in the capital structure of the Company and accordingly, the issued, subscribed and paid-up share capital of the company stand at Rs 1,13,95,05,465 as on 31st March, 2020.

DEMATERIALIZATION OF SHARES

As on 31st March 2020, there are 1,13,91,62,350 Equity Shares dematerialized through depositories viz. National Securities Depository Limited and Central Depository Services (India) Limited, which represents about 99.97 % of the total issued, subscribed and paid-up capital of the Company.

DIVIDEND

In view of the losses incurred by the Company, your Directors have not recommended any dividend for the year ended 31st March, 2020.

TRANSFER TO RESERVES

During the year under review, no amount was transferred to general reserves.

CHANGE IN THE NATURE OF BUSINESS ACTIVITIES

During the year under review, there is no change in the nature of the business of the Company.

MATERIAL CHANGES AND COMMITMENTS AFFECTING THE FINANCIAL POSITION OF THE COMPANY

There have been no material changes and commitments affecting the financial position of the Company which have occurred between the end of the financial year of the Company to which the financial statements relate and the date of thisrepor t.

BOARD OF DIRECTORS AND KEY MANAGERIAL PERSONNEL

Mr. Rajesh R. Gupta (DIN: 00028379)

In accordance with the provisions of Companies Act, 2013 and the Articles of Association of the Company, Mr. Rajesh R. Gupta (DIN 00028379), Chairman and Managing Director of the Company, retires by rotation at the ensuing Annual General Meeting and being eligible, offers himself for reappointment.

Mr. Mohan Krishnamoorthy (DIN: 02542406)

Mr. Mohan Krishnamoorthy was re-appointed as an Independent Director of the Company in the 33rd Annual

General Meeting for a further term of five years w.e.f. 14th January, 2020 to 13th January, 2025.

Mr. Ravindra Deshpande (DIN: 01003990)

Mr. Ravindra Deshpande resigned as a director of the Company w.e.f. 13th November, 2019. The Board places on record its sincere appreciation for his valuable guidance & contribution to the Company.

Mr. Vinayak Kashid (DIN: 08582130)

The Board of Directors appointed Mr. Vinayak Kashid as an Additional Non-Executive Director of the Company w.e.f.

01st November, 2019 to hold office upto the date of 34th Annual General Meeting. The Board of Directors has recommended the appointment of Mr. Vinayak Kashid as a Non –Executive Director, liable to retire by rotation of the Company in the ensuing Annual General Meeting.

Mr. Vikram Shah (DIN: 00824376)

The Board of Directors appointed Mr. Vikram Shah as an Additional Non-Executive Independent Director of the Company w.e.f. 05th February, 2020 to hold office upto date of 34th Annual General Meeting. The Board of Directors has recommended the appointment of Mr. Vikram Shah as an Independent Director of the Company for a term of five years in the ensuing Annual General Meeting w.e.f. 05th February, 2020 to 04th February, 2025.

Mr. Manesh Cherian (DIN: 02244855)

The Board of Directors through resolution passed by circulation appointed Mr. Manesh Cherian as an Additional Non-Executive Director of the Company w.e.f. 26th March, 2020 to hold office upto the date of 34th Annual General Meeting. The Board of Directors has recommended the appointment of Mr. Manesh Cherian as a Non –Executive Director liable to retire by rotation of the Company in the ensuing Annual General Meeting.

STATEMENT OF BOARD OF DIRECTORS

The Board of Directors of the Company are of the opinion that the all the Independent Directors of the Company appointed and re-appointed during the year possesses integrity, relevant expertise and experience required to best serve the interest of the Company.

DIRECTORS RESPONSIBILITY STATEMENT

Your Directors state that:

1. in the preparation of the annual accounts for the year ended 31st March, 2020, the applicable accounting standards have been followed and there are no material departures from the same; 2. the Directors have 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, 2020 and of the profit of the Company for the year ended on that date;

3. the Directors have taken proper and sufficient care for the maintenance of adequate accounting records in accordance with the provisions of the Act for safeguarding the assets of the Company and for preventing and detecting fraud and other irregularities; 4. the Directors have prepared the annual accounts on a ‘going concern basis;

5. the Directors have laid down internal financial controls to be followed by the Company and that such internal financial controls are adequate and are operating effectively; and 6. the Directors have devised proper systems to ensure compliance with the provisions of all applicable laws and that such systems are adequate and operating effectively.

DISCLOSURE RELATED TO BOARD AND COMMITTEES

Board Meetings

The Board met 5 times during the financial year 2019-20 on 30th May, 2019, 13th August, 2019, 01st November, 2019, 13th November, 2019 and 05th February, 2020. The meeting details are provided in the Corporate Governance Report that forms part of this Annual Report. The maximum interval between any two meetings did not exceed 120 days as prescribed in the Companies Act, 2013.

Committees of the Board

As on 31st March, 2020, the Board had 3 (Three) Statutory Committees viz: Audit Committee, Nomination and Remuneration Committee and Stakeholder Relationship Committee. A detailed note on the composition of the Board and its Statutory Committees is provided in the Corporate Governance Report that forms part of this Annual Report.

Board Evaluation

Pursuant to the corporate governance requirements as prescribed in the Companies Act, 2013 and the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements), Regulations 2015, the Board of Directors has carried out an annual evaluation of its own performance, Board Committees and of individual directors.

In a separate meeting of independent directors, performance of non-independent directors, performance of the Board as a whole, performance of the Committee(s) of the Board and performance of the Chairman was evaluated, taking into account the views of other directors. Performance evaluation of independent directors was done by the entire Board, excluding the independent director being evaluated.

Declaration by Independent Directors

The Company has received necessary declaration from each Independent Director under section 149(7) of the Companies Act, 2013 and Regulation 25(8) of SEBI (Listing Obligations and Disclosures Requirements), Regulations 2015, stating that he/ she meets the criteria of independence laid down in section 149(6) of the Companies Act, 2013 and Regulation 16(b) of the SEBI (Listing Obligations and Disclosures Requirements), Regulations 2015.

Familiarization Programme for Independent Directors

The Company has formulated a Programme for Familiarization of Independent Directors with regard to their roles, rights, responsibilities in the Company, nature of the industry in which the detail of such Familiarization programme can be accessed on the companys website at http://www.sgtl.in/pdf/ Familarisation%20Programme%20-%20ID%202018-19.pdf

Meeting of Independent Directors

During the year under review, the Independent Directors met on 05th February, 2020, inter alia, to:

a) Review the performance of Non Independent Directors, and the Board of Directors as a whole;

b) Review the performance of the Chairman of the Company, taking into account the views of the Executive and Non-Executive Directors.

c) Assess the quality, content and timeliness of flow information between the Company management and the Board that is necessary for the Board to effectively and reasonably perform its duties.

All the Independent Directors were present at this meeting. The observations made by the Independent Directors have been adopted and put into force.

VARIOUS COMPANYS POLICIES

In accordance with the provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and the Companies Act, 2013 the Company has formulated and implemented the following policies. All the Policies are available on Companys website (www.sgtl.in) under the heading "Policies". The policies are reviewed periodically by the Board and updated based on need and requirements.

Whistle Blower & Vigil Mechanism Policy

In pursuant to regulation 9A(6) of SEBI (Prohibition of Insider Trading) Regulations, 2015 the Company has revised Whistle Blower Policy to include in its scope any instances related to Insider Trading and has also provided access to the employees of the Company to report the instances of leak of Unpublished Price Sensitive Information or suspected leak of Unpublished Price Sensitive Information. The Company has established Vigil Mechanism for the directors and employees of the Company to report, serious and genuine unethical behavior, actual or suspected fraud and violation of the Companys code of conduct or ethics policy. It also provides adequate safeguards against victimization of persons, who use such mechanism and makes provision for direct access to the chairperson of the Audit Committee in appropriate or exceptional cases. None of the employees of the Company has been denied access to the Audit Committee.

Mr. Rajesh Gupta, Chairman and Managing Director of the Company, has been designated as Vigilance and Ethics Officer for various matters related to Vigil Mechanism.

The Whistle Blower &Vigil Mechanism policy can be accessed on the companys website at http://www.sgtl.in/pdf/Whistle%20 Blower%20Policy%20&%20Vigil%20Mechanism.pdf

Policy for Related Party Transactions

In pursuant to SEBI (Listing Obligations and Disclosure Requirements) (Amendment) Regulations, 2018, the Company has revised the Policy on Related Party Transactions. The policy regulates all transactions taking place between the Company and its related parties in accordance with the applicable provisions The policy on Related Party Transaction can be accessed on the companys website at http://www.sgtl.in/pdf/Policy%20 on%20Related%20Party%20Transaction.pdf

Code of conduct for Director(s) and Senior Management Personnel

The Company has adopted a Code of Conduct for the Senior Management Personnel, Directors (executive / non-executive) including a code of conduct for Independent Directors which suitably incorporates the duties of Independent Directors as laid down in the Act.

The above code can be accessed on the companys website at http://www.sgtl.in/pdf/Code%20of%20Conduct%20for%20 Board.pdf

Risk Management Policy

The Risk Management policy is formulated and implemented by the Company in compliance with the provisions of the Companies Act, 2013. The policy helps to identify the various elements of risks faced by the Company, which in the opinion of the Board threatens the existence of the Company.

The Risk Management Policy can be accessed on the companys website at http://www.sgtl.in/pdf/Risk%20 Management%20Policy.pdf

Nomination and Remuneration Policy

In pursuant to SEBI (Listing Obligations and Disclosure Requirements) (Amendment) Regulations, 2018 and Companies (Amendment) Act, 2017, the Company has revised Nomination & Remuneration Policy. The key changes include, inter alia, addition of the definition of senior management along with recommendations about their remuneration. The Nomination & Remuneration policy provides guidelines to the Nomination & Remuneration Committee relating to the Appointment, Removal & Remuneration of Directors, Key Managerial Personnel and Senior Management. This policy formulates the criteria for determining qualifications, competencies, positive attributes and independence for the appointment of a director (executive / non-executive) and also the criteria for determining the remuneration of the directors, key managerial personnel, senior management and other employees. It also provides the manner for effective evaluation of performance of Board, its committees and individual directors.

The Nomination and Remuneration Policy can be accessed on the companys website at http://www.sgtl.in/pdf/ Remuneration%20Policy.pdf

Policy for Determination of Materiality of an Event or Information

In pursuant to SEBI (Listing Obligations and Disclosure Requirements) (Amendment) Regulations, 2018, the Company has revised this policy for determination of materiality based events.

The Policy for Determination of materiality of an event or information policy can be accessed on the companys website http://sgtl.in/pdf/Policy%20for%20Determining%20Materiality%20of%20Events.pdf

Policy on Preservation of Documents

In pursuant to Regulation 9 of the SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015 the Company has adopted the policy on preservation of the documents. The policy on preservation of documents can be accessed on the companys website at http://www.sgtl. in/pdf/1.%20Policy%C2%A0on%C2%A0Preservation% C2%A0of%C2%A0Documents.pdf

Insider Trading -Code of Conduct

In pursuant to SEBI (Prohibition of Insider Trading) from the said Auditors

(Amendment) Regulations, 2018 and SEBI (Prohibition of Insider Trading) (Amendment) Regulations, 2019 the Company has adopted revised Insider Trading Code. The Code provides framework for dealing with the securities of Company in mandated manner.

The above Insider Trading-code of conduct can be accessed on the companys website at http://www.sgtl.in/pdf/Insider%20 Trading%20Code%20of%20Conduct.pdf

Policy for Procedure of Inquiry in Case of Leak of Unpublished Price Sensitive Information ("UPSI")

The SEBI (Prohibition of Insider Trading) (Amendment) Regulations, 2018 ("PIT Amendment Regulations") mandates every listed company to formulate a written policy and procedures for inquiry in case of leak of unpublished price sensitive information and initiate appropriate action on becoming aware of leak of unpublished price sensitive information and inform the Board promptly of such leaks, inquiries and results of such inquiries. In pursuant to this regulation, the Company has adopted the Policy for Procedure of Inquiry in Case of Leak of Unpublished Price Sensitive Information ("UPSI").

Policy for procedure of Inquiry in case of Leak of Unpublished Price Sensitive information ("upsi") can be accessed on the companys website at http://www.sgtl.in/pdf/Policy%20for%20 leak%20of%20UPSI.pdf

Code of Practices and Procedures for Fair Disclosure of Unpublished Price Sensitive Information

The Code of Practices and Procedures for Fair Disclosure of Unpublished Price Sensitive Information was revised pursuant to SEBI (Prohibition of Insider Trading) (Amendment) Regulations, 2018 to include therein the policy for determination of "Legitimate purposes for sharing UPSI" The code of Practices and Procedures for Fair Disclosure of the Unpublished Price Sensitive Information can be accessed on the companys website at http://www.sgtl.in/pdf/Code%20 of%20Practices%20and%20Procedures%20for%20Fair%20 Disclosure%20of%20UPSI.pdf

CORPORATE GOVERNANCE

The Company has taken adequate steps to ensure that all mandatory provisions of Corporate Governance as prescribed under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 are complied with. As per Regulation 34(3) Read with Schedule V of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, a separate section on corporate governance, together with a certificate from the Companys Statutory Auditors, forms part of this Report.

AUDITORS

Statutory Auditor

Pursuant to the provisions of Section 139 of Companies Act, 2013 read with the Companies (Audit and Auditors) Rules, 2014, as amended, M/s Todarwal & Todarwal LLP, Chartered Accountants (ICAI Registration No: 111009W/ W100231), the Statutory Auditors of the Company, hold office upto the conclusion of Thirty Fifth (35th) Annual General Meeting. The that Company has received a certificate they are eligible to hold office as the Auditors of the Company and are not disqualified for being so appointed.

Further, the provision of ratification of appointment of Statutory Auditor every year has been omitted by the Companies (Amendment) Act, 2017. Therefore ratification of Auditor is not required, although your company is proposing ratification of auditor in ensuing Annual General Meeting for the financial year 2020-21.

The Auditors Report for the financial year 2019-20 does not contain any qualification, reservation or adverse remark. The Auditors Report is enclosed with the financial statement in this Annual Report.

Statutory Audit Report

During the financial year 2019-20 there is no fraud occurred, noticed and/or reported by the Statutory Auditors under Section 143(12) of the Companies Act, 2013 read with the Companies(Audit and Auditors) Rules, 2014 (as amended from time to time).

The observations made by the Statutory Auditor in their Audit Report read with the relevant notes thereof as stated in the Notes to the Audited Financial Statements of Company for the Financial Year ended 31st March, 2020 are self explanatory and being devoid of any reservation(s), qualification(s) or adverse remark(s) etc do not call for any further information(s)/ explanation(s) or comments from the Board under Section 134(3)(f)(i) of the Companies Act, 2013.

Secretarial Auditor

Pursuant to Section 204 of the Companies Act, 2013 and the Companies (Appointment & Remuneration of Managerial Personnel) Rules, 2014, the Board has appointed M/s B. R. Gupta & Co., Practicing Company Secretary (Membership No. ACS 43021 CP No. 20863) as the Secretarial Auditor of your Company to conduct Secretarial Audit for the financial year 2020-21.

Secretarial Audit Report

As required under provisions of Section 204 of the Companies Act, 2013, the report in respect of the Secretarial Audit carried out by M/s Saurabh Arora & Co., Practicing Company Secretary (Membership No. ACS 43368 CP No. 19371), in Form MR-3 for the FY 2019-20 is annexed hereto marked as "Annexure B" and forms part of this Report. The said Secretarial Audit Report being devoid of any reservation(s), adverse remark(s) and qualification(s) etc. does not call for any further explanation(s)/ information or comment(s) from the Board under Section 134(3) (f)(ii) of the Companies Act, 2013.

MAINTENANCE OF COST RECORDS

The maintenance of cost accounts and records as prescribed under section 148(1) of the Companies Act, 2013 is not applicable to the Company.

INTERNAL FINANCIAL CONTROLS

The Internal Financial Controls with reference to financial statements as designed and implemented by the Company are adequate. During the year under review, no material or serious observation has been received from the Statutory Auditors and the Internal Auditors of the Company on the inefficiency or inadequacy of such controls.

PARTICULARS OF LOANS GIVEN, INVESTMENTS MADE, GUARANTEE GIVEN AND SECURITIES PROVIDED

During the year under review, there are no investments made, loans given or guarantees or security provided by the Company in accordance with Section 186 of the Companies Act, 2013.

PARTICULARS OF CONTRACTS AND ARRANGEMENTS WITH RELATED PARTIES

Particulars of contracts or arrangements or transactions with related party referred to in section 188 of the Companies Act, 2013, in the prescribed form AOC-2, are enclosed with this report as "Annexure C". transactions There were no materially significant entered by the Company which may have a potential conflict with the interest of Company. All related party transaction(s) are first placed before Audit Committee for approval and thereafter such transactions are also placed before the Board for seeking their approval. The details of Related Party Transactions, as required pursuant to respective Indian Accounting Standards, have been stated in Note No. 28 to the Audited Standalone Financial Statement of Company forming part of this Annual Report.

PARTICULARS OF EMPLOYEES AND RELATED DISCLOSURES

Disclosures pertaining to remuneration and other details as required under Section 197(12) of the Act read with Rule 5(1), 5(2) and 5(3) of the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014 as amended are annexed hereto marked as "Annexure D" and forms part of this report.

DISCLOSURE RELATING TO EMPLOYEE STOCK OPTION SCHEME AND EMPLOYEE STOCK PURCHASE SCHEME

The Company has not issued any shares pursuant to Employee Stock Option Scheme and Employee Stock Purchase Scheme during the year under review and hence no information as per provisions of Companies Act, 2013 is furnished.

DISCLOSURE RELATING TO EQUITY SHARES WITH DIFFERENTIAL RIGHTS

The Company has not issued any equity shares with differential rights during the year under review and hence no information as per provisions of Rule 4(4) of the Companies (Share Capital and Debenture) Rules, 2014 is furnished.

DISCLOSURE RELATING TO SWEAT EQUITY SHARES

The Company has not issued any sweat equity shares during the year under review and hence no information as per provisions of Rule 8(13) of the Companies (Share Capital and Debenture) Rules, 2014 is furnished.

COMPLIANCE WITH SECRETARIAL STANDARDS

The Company confirms compliance with the applicable requirements of Secretarial Standards 1 and 2.

DEPOSITS

During the year under review, your Company neither accepted any deposits nor there were any amounts outstanding at the beginning of the year which were classified as ‘Deposits in terms of Section 73 of the Companies Act, 2013 read with the Companies (Acceptance of Deposit) Rules, 2014 and hence, the requirement for furnishing of details of deposits which are not in compliance with the Chapter V of the Companies Act, 2013 is not applicable.

DISCLOSURE OF ORDERS PASSED BY REGULATORS OR COURTS OR TRIBUNAL

No significant and material orders have

Regulator or Court or Tribunal which can have impact on the going concern status and the Companys operations in future.

PREVENTION OF SEXUAL HARASSMENT

Disclosures in relation to the sexual Harassment of Women at Workplace (Prevention, Prohibition and Redressal) Act, 2013 have been provided in the Report on Corporate Governance.

ENERGY CONSERVATION, TECHNOLOGY ABSORPTION

AND FOREIGN EXCHANGE EARNING AND OUTGO

The Information on conservation of energy, technology absorption, foreign exchange earnings and out go, in accordance with provisions of section 134(3)(m) of the Companies Act, 2013, read with Rule 8 of Companies (Account) Rules, 2014 is not required since the Company is not a manufacturing Company

EXTRACT OF THE ANNUAL RETURN

The Extract of the Annual Return for the Financial Year 2019-20 is enclosed with this report pursuant to section 92 (3) of the Companies Act, 2013 as "Annexure E" and forms part of this report.

LISTING FEES

The listing fees payable for the financial year 2020-2021 have been paid to Bombay Stock Exchange within due date.

ACKNOWLEDGEMENT

Your Directors place on record their sincere appreciation and gratitude for the assistance and generous support extended by all authorities, Banks, Customers and Vendors during the year under review. Your Directors wish to express their immense appreciation for the devotion, commitment and contribution shown by the employees of the company while discharging their duties.

For and on behalf of the Board of Directors
Shree Global Tradefin Limited
Sd/-
Rajesh R. Gupta
Chairman & Managing Director
DIN: 00028379
Date: 19th June, 2020
Place: Mumbai