Vantage Knowledge Academy Ltd Management Discussions.

Impact of the CoVID-19 Pandemic on business in general

The Company is engaged in the business of Education and Publication. The unexpected outbreak of COVID-19 pandemic led to a pause in growth and smooth operations of the Company. During the lockdown period, the Company made adequate arrangements for employees to effectively work from the safety of their homes.

Presently, the Company has resumed complete operations from the registered office rotating the staff and ensuring strict compliance towards safety. The measures such as physical distancing, sanitization, compulsory wearing of masks at workplace has been taken to protect the health and safety of the workforce.

The current situation has severely affected the Education industry as a whole. In the present situation, it is difficult to ascertain the overall impact

Outlook

The Company is striving to improve the quality and productivity especially in the promising sectors and considering the current economic trends and also barring unforeseen circumstances is confident of achieving higher revenues and improved operating margins in future.

Internal Control Systems & Adequacy

The Company has an informal system of internal checks on its day to day affairs and dealings, which acts as an internal controls system, and audit committee is in charge of creating an effective system and also evaluates the adequacy and effectiveness of the internal controls.

Human Resources/Industrial Relations

The Companys HR philosophy is to motivate and create an efficient work force as manpower is a vital resource contributing towards development and achievement of organisational excellence. The Company had employed several clerical and executive level personnel and the Company also employs faculty members on professional basis for the education division.

Caution

Statements made herein describing the Companys expectations or predictions are "forward-looking statements". Actual results may differ materially from those expected or implied, due change in economic, operational and regulatory scenarios within and outside the country.

By Order of the Board of Director For Vantage Knowledge Academy Limited

Sd/-

(Neeta Dedhia)

DIN:00969568

Managing Director

Place: Mumbai

Date:19/06/2021