Sword-Edge Commercials Ltd Management Discussions

1. Global Economy Outlook: the global economic outlook appears cautiously optimistic. Due to moderate inflation and stable growth, there is a lower risk of a severe downturn. Despite the resilience exhibited in the face of tightening financial conditions and geopolitical tensions, the anticipated policy adjustments to curb inflation are likely to dampen economic activity. Given the reduced risks, there is a need for prudent policy management to avoid worsening economic conditions. It is imperative to accelerate the green transition and enhance resilience to climate shocks. This further requires strengthening multilateral frameworks and adherence to rules-based platforms for international cooperation.

2. Indian Economy Outlook

India is ambitiously aiming to reach a USD 7 Trillion economy by 2030, and it is progressing well towards achieving this milestone within the next three years, positioning itself as the worlds third-largest economy. Furthermore, the Government has set an ambitious goal of transforming India into a developed country by 2047. Fuelled by stable and robust domestic demand, expanding private consumption and investments, and ongoing structural reforms, India is poised to sustain its upward growth trajectory in the coming years. Capital is expected to play a dominant role in this growth trajectory, with productivity gains providing significant support. These gains will arise from the synergy between physical and digital connectivity, as well as ongoing economic and process reforms. India is set to excel in both manufacturing and services, indicating a solid and sustainable growth path.

3. Company Outlook:

Due to scarcity of working capital funds, the Company is not able to perform any business activities. To make the Company operational, the board is making its best effort to implement the cost reduction measures to the extent feasible. Several cost cutting measures have already been undertaken by the Company.

4. RISK AND CONCERNS:

The Companys future development would depend upon the commencement of its operational activities

5. INTERNAL CONTROLS SYSTEMS AND THEIR ADEQUACY:

The Company is following a proper and adequate system of internal controls in respect of all its activities. Further all transaction entered into by the Company are fully authorized, recorded and reported correctly

6. FINANCIAL PERFORMANCE WITH RESPECT TO OPERATIONAL PERFORMANCE:

During the year under review, the Company did not carry out any activity.

7. CAUTIONARY STATEMENT:

Statements in this Management Discussion and Analysis describing the companys objectives, projections, estimates and expectations may be forward looking statement within the meaning of applicable laws and regulations. Actual results might differ materially from those either expressed or implied.