W W TECHN. HD. Management Discussions


30. Reports on Corporate Governance and

As per the regulation 15 of SEBI (Listing Obligations and Disclosure Requirements), Regulations 2015, the Regulation 27 (2) (a) is not applicable to the listed entity having paid up equity share capital not exceeding rupees ten crore and net worth not exceeding rupees twenty five crore, as on the last day of the previous hence the Regulation 27 (2) (a) is not applicable to W W Technology Holdings Ltd.

31. Conservation of Energy, Technology Absorption,

Foreign Exchange Earnings and Outgo

Your Company is not an energy intensive unit, however possibilities are continuously explored to conserve energy and to reduce energy consumption to the extent possible. During the year under review, considering the nature of activities presently being carried on by the Company, categorical information of the Company in terms of the Rules is provided below:

(A) Conservation of energy: (i) Steps taken or impact on conservation of energy Regular efforts are made to conserve the energy at all levels. Several environment friendly measures were adopted by the Company such as Installation of capacitors to save power, Installed Thin Film Transistor (TFT) monitors that saves power, LED Lights, Creating environmental awareness by way of distributing the information in electronic form, Minimizing air-conditioning usage, Shutting off all the lights when not in use etc
(ii) Steps taken by the company for utilizing alternate sources of energy The Company is into Service Industry and hence except Electricity, the Company is not required to use any other alternate source of energy.
(iii) Capital Investment on energy conservation equipments; NIL

(B) Technology absorption:

The activities and business of the Company are such that it does not involve use of ultra modern technologies and hence the disclosure under Section 134 (3)(m) of the Companies Act, 2013 read with Rule 8(3) of the Companies (Accounts) Rules, 2014 is not applicable to the Company.

(C) Foreign Exchange Earning and Outgo:

During the year under review Company did not earn any foreign exchange and there is no foreign exchange outgo.

32. Disclosure as per the sexual harassment of women at workplace (Prevention, Prohibition and redressal) act, 2013

The Company has in place a prevention of Sexual Harassment Policy in line with the requirement of the Sexual Harassment of Women at Workplace (Prevention, Prohibition and Redressal) Act, 2013

There were no Complaints received and disposed off during the financial year 2016-17.

33. Information under Regulation 34 (3) read with Schedule V of Securities And Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015:

There are no shares in the demat suspense account or unclaimed suspense account.

34. Acknowledgement

Your Directors take this opportunity to express the gratitude to all investors, clients, vendors, bankers, Regulatory and Government authorities, Stock Exchanges and business associates for their cooperation, encouragement and continued support extended to the Company. Your Directors also wish to place on record their appreciation to the Associates for their continuing support and unstinting efforts in ensuring an excellent all round operational performance at all levels.

For and on behalf of the Board of Directors
Paresh Kariya
Mumbai, 10th August, 2017 Chairman