Universal Prime Aluminium Ltd Management Discussions.

(A) INDUSTRY STRUCTURE AND DEVELOPMENTS

The Companys main activities fall within scope of aluminium collapsible tubes, on the considerable fall in the demand of the same and with the introduction of plastic laminated tubes and oval tin containers, the Company was forced to discontinue its manufacturing activities a few years back.

(B) OPPORTUNITIES AND THREATS, RISKS AND CONCERNS

Due to volatile fall in demand for aluminium collapsible tubes and with absence of clear governmental policies on various sector, the capital inflow have been slowed down. The Indian economy is also passing through its tough time with lower GDP, depreciation in rupee value and all round increase in cost. The aluminiumindustry in particular with environment issue, and adverse effects from use of recycled hazardous sub grade raw materials has also witnessed recessionary trend.

The main threat is from the unorganized sector comprising low grade aluminiumgoods manufacturers and from non eco friendly manufacturing units. This may lead to quality problems in the international market and downgrading of Indian manufacturers image. Secondly, due to its basic nature and use of low grade of aluminium products, there has always been a threat of substitution of aluminiumbasic material with other metal or alternate material(s). These are the key risk factors which the aluminium industry has to tackle in future.The consequences of which can be seen on the present state of the Company.

(C) INTERNAL CONTROL SYSTEMS AND THEIR ADEQUACY

The Company is in process of designing and putting in place various internal control systems for all the key departments. Further, theaudit systems is proposed to carry out and to check the implementation and working of the internal systems.

(D) SEGMENT-WISE OR PRODUCT-WISE PERFORMANCE

The Company operates in one segment.

(E) DISCUSSION ON FINANCIAL PERFORMANCE WITH RESPECT TO OPERATIONAL PERFORMANCE

The Company has not carried out any operations during the financial year 2018-19.

(F) SOCIAL RESPONSIBILITY

The Company is conscious of its obligations towards health, safety & environment of its surroundings and to meet the norms of pollution control board.

(G) CAUTIONARY STATEMENT

Some of the statement in the Management Discussion andAnalysis Report describes the Companys objectives, projections, estimates & exceptions. The actual results could differ materially from those expressed or implied. Important factors that could make difference to the Companys operations include economic conditions affecting demand/supply and price conditions in the domestic & overseas markets in which the Company operates.

(H) FUTURE OUTLOOK

The Company has been putting its best efforts to recommence its operations by commencement of business within the available means.