RENT INCOME:
The main source of income for the Company is rental income from its G. I. D. C plot at Valsad which has been leased to INOR Orthopaedics Div of Inor Medical Products Limited,
INTERNAL CONTROLS
The Company maintains adequate internal control systems, which provide, among other things, reasonable assurance of recording the transactions of its operations, in all material respects and of providing protection against significant misuse or loss of Companys assets.
f he auditors have introduced several objective tools to assess strengths oF internal controls as also, identify areas which need to be further strengthened. Audit plays a key role in providing as assurance to the Board of Directors of adequate internal control systems,
CAUTIONARY STATEMENT
Statements in this Management Discussion and Analysis describing the Companys objectives, projections, estimates, expectations or predictions may be forward-looking statements with in the meaning of applicable securities 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 raw material availability and prices, cyclical demand and pricing in the Companys principal markets, changes in Government, regulation, tax regime, economic developments within India and the countries in which the Company conducts business and other incidental factors.
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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.
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
This certificate demonstrates that IIFL as an organization has defined and put in place best-practice information security processes.