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Computer Point Ltd. Annual Report 2020

Jan 11, 2021

63738_rns_2021-01-11_363f85f4-d35d-4d53-9e38-2fcc33b66f48.pdf

Annual Report

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35[th] ANNUAL REPORT

2019-2020

COMPUTER POINT LIMITED

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NOTICE OF THE 35[th] ANNUAL GENERAL MEETING

Notice is hereby given that the Thirty fifth Annual General Meeting of the members of M/s COMPUTER POINT LIMITED will be held on Monday, the 28[th] Day of September, 2020, at 09.30 A.M. at 1/1B, Upper Wood Street, Kolkata 700 017 to transact the following business :- ORDINARY BUSINESS :

Item No. 1

Adoption of Audited financial statements.

To receive, consider and adopt the Audited Balance Sheet of the Company as at 31[st] March, 2020 and the Audited Statement of Profit & Loss for the financial year ended on that date together with the Reports of the Directors and Auditors thereon. Item No. 2

Appointment of Director

To appoint a Director in place of Mrs. L. Jain (holding DIN 00397913), who retires by rotation and being eligible, seeks reappointment.

Item No. 3

Ratification of the Appointment of Statutory Auditor and to fix their remuneration.

To consider and it thought fit, to pass, with or without modification the following resolution as an ordinary resolution.

Resolved that M/s. ACHARYYA SWAPAN & CO. (Firm regs. no. 325797E) ,Chartered Accountants, who had been appointed statutory auditor of the Company for a consecutive 5 years to hold the office till the conclusion of Annual General Meeting to be held in the year 2022, be and is hereby ratified in terms of Board of . Directors be and is hereby authorized to fix their remuneration for the year 2018-2019

Resolved further that the Directors of the Company be and are hereby severally authorized to do all such act, matters and deeds as may be deemed necessary and expedient for effecting this resolution.

By Order of the Board For Computer Point Limited Place - Kolkata A. Rahaman Date: 04[th] September, 2020. CFO Notes 1. A MEMBER ENTITLED TO ATTEND AND VOTE AT THE MEETING IS ALSO ENTITLED TO APPOINT A PROXY/ PROXIES TO ATTEND AND VOTE AT THE MEETNG INSTEAD OF HIMSELF/ HERSELF AND THAT A PROXY NEED NOT BE A MEMBER. THE INSTRUMENT APPOINTING A PROXY IN ORDER TO BE EFFECTIVE MUST REACH THE REGISTERED OFFICE OF THE COMPANY NOT LATER THAN 48 HOURS BEFORE THE MEETING.

A person can act as proxy on behalf of members not exceeding 50 (Fifty) and holding in the aggregate not more than ten percent of the total share capital of the Company.

  1. Members are requested to bring their attendance slip in the meeting. Corporate members are requested to send to the Company registered office, a duly certified copy of Board resolution authorizing their representative to attend and vote at the meeting. 3. The Register of Members and Share Transfer Books of the Company shall remain closed from Monday, 21[st] September, 2020 to Monday, 28[th] September, 2020 (both days inclusive) for the financial year ended on 31[st] March, 2020. 4. Members desiring any information on the Accounts for the financial year ended on 31[st] March, 2020 are requested to write to the Company at least 10 days in advance, so that the management is enabled to keep the information ready at the meeting. 5. The Securities and Exchange Board of India (SEBI) has mandate the submission of the Permanent Account Number (PAN) by every participant in the securities market. Members holding shares in dematerialized mode are required to furnish their PAN to their Depository Participant(s). Members holding shares in physical form shall submit their PAN details to the Company. 6. There being no unpaid /unclaimed dividend and / or other amounts due to the members, the provisions u/s 205 C of the Companies Act. 1956, as the corresponding provisions under Companies Act, 2013 are not attracted to this Company. 7. The Company

April 29, 2011 issued by the Ministry of Corporate Affairs (MCA) by allowing paperless Compliances by the Companies for service of documents to their members through electronic Companies Act, 2013. Henceforth, the e-mail addresses indicated in your respective depository participant accounts which will be periodically downloaded from NSDL/CDSL will be deemed to be notices / documents etc. In view of the above, the Company has already dispatched the written communication to its members requesting them to register their designated e-mail ID. However, members who wish to receive physical copy of the Notice, Annual Reports and other documents may forward their written requests to the Company for the same.

  1. Electronic copy of the Annual Report for 2019-20 along with the notice of the Annual General Meeting of the Company inter alia indicating the process and manner of e-voting along with Attendance Slip and Proxy Form is being sent to all the members whose email IDs are registered with Company/Depository member has requested for a hard copy of the same. For members who have not registered their email address, physical copies of the Annual Report for 2019-20 is being sent in the permitted mode. 9. The Notice of Annual General Meeting and the copies of Audited financial statements, Director Auditors will also be displayed on the website of the Company and may be accessed by members. 10. The Explanatory Statement pursuant to section 102 of the Companies Act, 2013, which sets out details relating to special business at the meeting, is annexed hereto. 11. Documents referred to in the Notice and the Explanatory Statement attached hereto are available for inspection by the members at the registered office of the Company during business hours on any working days up to and include the date of annual General Meeting of the Company.

12. Instructions for e-voting

A separate sheet containing the complete details of the instructions for e-voting is being sent to all the members along with the Annual Report for the year 2019-20 to enable them to cast their votes through e-voting.

By Order of the Board For Computer Point Limited

Place : Kolkata A. Rahaman Date: 04[th] September, 2020. CFO

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The Directors take pleasure in presenting the 35[th] Annual Report and the Audited Statement of Accounts for the period ended 31[st] March 2020.

FINANCIAL RESULTS

A summary of the financial results for the year under review is as under:

PARTICULARS (Rs. in Lacs)
Current Year ended
on 31.03.2020
(Rs. in Lacs)
Current Year ended
on 31.03.2020
(Rs. in Lacs)
Current Year ended
on 31.03.2020
(Rs. in Lacs)
Current Year ended
on 31.03.2020
(Rs. in Lacs)
For the year ended
31.03.2019
(Rs. in Lacs)
For the year ended
31.03.2019
(Rs. in Lacs)
For the year ended
31.03.2019
(Rs. in Lacs)
For the year ended
31.03.2019
Gross Sales
Other Income
Total
Less: Operating Expenditure
Gross Profit/(Loss)
Less: Interest
Less: Depreciation
Net Profit / (Loss) before tax
Less: Provision for Income tax
Add/(Less): Deferred Tax
Net Profit / (Loss) after tax (PAT)
Add: Bal. B/F from previous year
Balance C/F to Balance Sheet
Earning Per Share

CURRENT PERFORMANCE

The gross revenue of the Company is 07.17 lac during the year. DIVIDEND

The Company having a amount of carried over losses, your directors have no option but to refrain from recommending any dividend for the year.

TRANSFER OF UNPAID DIVIDEND TO INVESTOR EDUCATION AND PROTECTION FUND

There was no unpaid dividend carried forward and due to be transfer to the designated firm in terms of sec. 124(5) of Companies Act, 2013.

CHANGE IN THE NATURE OF BUSINESS

During the year, there is no change in the nature of the business of the Company.

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CAPITAL / FINANCE

During the year the Company, did not issue / allot any Shares or Securities as on 31[st] march, 2020. The Issued, subscribed and paid-up share capital of the Company stood at Rs. 3,000.13 Lacs Comprising of 3, 00,01,300 equity shares of Rs. 10/- each.

CREDIT RATING

The Company having no secured borrowing, so no Credit Rating was required.

DIRECTORS / KEY MANAGERIAL PERSONNELS

There are no any changes in Directors of the company during the year.

DECLARATION OF INDEPENDENT DIRECTORS

The independent Directors have since confirmed that they fulfill the conditions under section 149 (6) of the Companies Act, 2013. laid down as to the status of independence of the Company.

DIRECTORS RESPONSIBILITY STATEMENT

As required u/s 217(2AA) of the Companies Act, 1956 which is corresponding to Section 134 (5) of the Companies Act, 2013, your Directors confirm having:

a) Followed in the preparation of Annual Accounts for the Financial Year 2019-2020 the applicable Accounting Standards with proper explanation relating to material departures if any;

  • b) Selected such accounting policies and applied them consistently and made judgments and estimates that are reasonable and prudent so as to give a true and fair view of the state of affairs of the Company at the end of the financial year and the profit of the Company for that year;

  • c) Taken proper and sufficient care for maintenance of adequate accounting records in accordance with the provisions of the Companies Act, 1956 for safeguarding the assets of the Company and for preventing and detecting fraud and other irregularities; and

  • d) Prepared the Annual Accounts on a going concern basis.

  • e) Laid down internal financial controls to be followed by the Company and that such internal financial controls are adequate and were operating effectively.

  • f) Devised proper systems to ensure compliance with the provisions of all applicable laws and that such systems were adequate and operating effectively.

  • CORPORATE GOVERNANCE

The Company believes that Corporate Governance is a way of business life rather than a legal compulsion. Your Director being committed to best management practices and adhering to the policy of full transparency, enclose herewith a Report on Corporate Governance as stipulated by Regulation SEBI (LODR), Regulations 2015 along with compliance certificate on Corporate Governance (Annexure 3) forming part of this report.

EXTRACT OF ANNUAL RETURN

Pursuant to sec 92(3) of the Companies Act, 2013 (The Act) and Rule 12(1) of the Companies (Management and Administration) Rules 2014 an extract of Annual Return as at 31[st] March 2020 is annexed hereto and Marked as Annexure 2.

AUDITORS AND THEIR REPORT

M/s. Acharyya Swapan & Co., Chartered Accountants (Firm Regn no. 325797E) was appointed as Statutory Auditor of the Company for a period of 5(five) years ending on 31.03.2022, in the EOGM held on 16.05.2018.

The report of the statutory Auditors when read with the notes and schedules forming part of the statements of account as annexed thereto are self explanatory and needs no further elaboration and comments.

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COMPANY SECRETARY

Mr. Pritam Pal has resigned for the post of Company Secretary and compliance officer of the Company during the year.

COST AUDIT

The provision of section 148 and all other applicable provisions of the Companies Act, 2013 read with the Companies (Audit and Auditors) rules 2014, the provision of cost audit is not applicable on the products/ services of the Company for the F.Y. 2019-20.

SECRETARIAL AUDIT

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In terms of section 204 of the Companies Act, 2013 and rules made there under, mR. Abhishek Kumar Pandey a Company Secretary in practice (CP No. 12294) has been appointed as the Secretarial Auditor to conduct the Secretarial Audit of the Company for the F.Y. 2019-20. The Report of secretarial Auditor is enclosed hereto as Annexure 1. and with reference to the comments made to the said report, the Directors do hereby submit and affirm as under :-

  • (i) The Company does not have a Whole time Company Secretary; �ĐŽŵƉĂŶLJ�ŝƐ�ŵĂŬŝŶŐ�ƚŚĞ�ĞĨĨŽƌƚƐ� ƚŽ�ĐŽŵƉůLJ�ƚŚĞ�ƐĂŵĞ͘

RELATED PARTY TRANSACTION

During the year there was no related party transaction attracting the provisions of sec. 188 of the Companies Act, 2013.

CORPORATE SOCIAL RESPONSIBILITY

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135 of the Companies Act, 2013.

AL

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PERSONNEL AND OTHERS EMPLOYEES

KEY MANAGERIAL PERSONNEL AND EMPLOYEES

The remuneration of Key Managerial Personnel and Employees largely consists of basic salary perquisites allowances and performance incentives subject to annual assessment.

The Components of the total remuneration very for different grades and are governed by the industry pattern, qualification, experience, merit performance of each employee. The Company while deciding the remuneration package takes into consideration at in the ruling employment scenario and remuneration package in the industry.

The annual variable pay of Managers is linked to the performance of the Company in general and the jective fixed at the beginning of the year.

INTERNAL FINANCIAL CONTROL

Your Company has established a well defined organization structure having an extensive system of internal control to ensure optimum utilization of on going schemes of operations, accurate reporting of financial

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transactions and strict compliance of applicable Laws and regulations. Your Company has adequate system to ensure that the assets of the Company are safeguarded against loss from un-authorized use or deprecations.

An audit committee of the Board regularly revise the audit plans, significant audit findings, adequacy of internal control, compliance of applicable Accounting Standards and changes in accounting policies and practices, if any.

VIGIL MECHANISM

The company has a whistle blower policy and appropriate mechanism in place. Employees can directly report to the Top Management any concern about any unethical behavior, actual or suspected fraud or violation of urn is responsible for establishing a fearless atmosphere where the reporting employee does not fear of being harassed or threatened in any way. We further affirm that no personnel of the Company have been denied access to the Audit Committee during the year under review.

SUBSIDIARIES / ASSOCIATES

The Company is not having any Subsidiary or Associates.

EMPLOYEES STOCK OPTION SCHEMES

The Company have not provided any employee stock option.

GREEN INITIATIVES

Electronic copies of the Annual Report 2019-20 along with the Notice of the 35[th] AGM are sent to all members whose email addresses are registered with the Company /Depository Participant(s). For members who have not registered their email addresses, physical copies of the Annual Report 2019-20 along with the Notice of the 35[th] AGM are sent in the permitted mode. Members requiring physical copies can send a request to the Company Secretary.

The Company is providing e-voting facility to all members enabling them to cast their votes electronically on all resolutions set forth in the Notice. This is pursuant to section 108 of the Companies Act, 2013 read with the Companies (Management and Administration) Rules, 2014. The instruction for e-voting is provided in the notice.

SIGNIFICANT & MATERIAL ORDERS PASSED BY THE REGULATORS

Your Directors confirm that there are no significant and material orders passed by the regulators or courts or

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MATERIAL CHANGES AND COMMITMENTS, IF ANY, AFFECTING THE FINANCIAL POSITION OF THE COMPANY

No material changes or events affecting the financial position of the Company have occurred between the end of the financial year of the Company to which the financial Statements relates and the date of this report.

POLICY ON PREVENTION OF SEXUAL HARASSMENT OF WOMEN AT THE WORKPLACE

The Company has zero tolerance for sexual harassment at workplace and has adopted a policy on Prevention, Prohibition and Redressed of Sexual Harassment at the Workplace, in line with the provision of the Sexual Harassment of Women at Workplace (Prevention, Prohibition and Redressal) Act, 2013 and the Rules there under. The Policy aims to provide protection to employees at the workplace and prevent and redress

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complaints of sexual harassment and for matters connected or incidental thereto, with the objective of providing a safe working environment, where employees feel secure.

The Company has not received any complaint of sexual harassment during the financial year 201920.

PUBLIC DEPOSIT

The Company has not accepted or renewed any public deposits as defined under section 58 A of the Companies Act, 1956 during the year. Under section 73 of the Companies Act, 2013 there is no deposit lying with the Company as on 31.03.2020.

PARTICULARS OF CONSERVATION OF ENERGY TECHNOLOGY ABSORPTION AND FOREIGN EARNINGS & OUTGO

The information on particulars of conservation of Energy, technology absorption and foreign exchange earnings & outgo as required under section 234(3)(iii) of the Companies Act, 2013 read with the companies (Disclosure of particulars in the Report of the Board of Directors ) rules 2014 are not attached to this Company.

PARTICULARS OF EMPLOYEES

There being no employee drawing remuneration in excess of prescribed ceiling during the year, the information of particulars of employees as required under section 217 (2A) of the Companies Act, 1956 read with the Companies (Particulars of Employees) Rules, 1975 in respect of the Company is not attracted to this Company.

RISK MANAGEMENT POLICY

In terms of Section 134(3)(n) of the Act, your Directors wish to state that the Company has drawn and implemented a Risk Management Policy including identification of elements of risk, if any, which may threaten the existence of the Company. The above policy is being reviewed/re-visited once a year or at such other intervals as deemed necessary for modifications and revisions, if any.

CAUTIONARY STATEMENT

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forward looking within the meaning of the applicable laws and regulations. The actual results may differ materially from those expressed in this statement because of many factors like economic conditions, availability resources, price conditions, domestic and international markets, changes in govt. policies, tax regimes, etc.

ACKNOWLEDGEMENTS

We thank our Customers, Vendors, Investors and Bankers for their continued support during the performance. We

now look forward to the future with confidence and optimism.

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For and on Behalf of the Board of Directors

A. Jain L. Jain W.T. Director Director (DIN: 00432709) (DIN: 00397913)

Place : Kolkata Date : 28[th] August, 2020 ANNEXURE 1

Form No. MR-3 SECRETARIAL AUDIT REPORT

FOR THE FINANCIAL YEAR ENDED 31[st] March, 2020

[Pursuant to section 204(1) of the Companies Act, 2013 and rule No.9 of the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014]

To,

The Members,

COMPUTER POINT LIMITED, Kolkata

I have conducted the secretarial audit of the compliance of applicable statutory provisions and the adherence to good corporate practices by Computer Point Limited (CIN: L72200WB1984PLC152180) and having its registered office at 1/1B, Upper Wood Street, Kolkata- 700017, WB, IN (hereinafter called 'the Company'). Secretarial Audit was conducted in a manner that provided me a reasonable basis for evaluating the corporate conducts/ statutory compliances and expressing my opinion thereon.

Based on my verification of the Company's books, papers, minute books, forms and returns filed and other records maintained by the Company and also the information provided by the Company, its officers, agents and authorized representatives during the conduct of secretarial audit, the explanations and clarifications given to me and considering the relaxations granted by the Ministry of Corporate Affairs and Securities and Exchange Board of India warranted due to the spread of the COVID-19 pandemic, I hereby report that in my opinion, the Company has, during the audit period covering the financial year ended on 31st March, 2020 complied with the statutory provisions listed hereunder and also that the Company has proper Board-processes and compliance-mechanism in place to the extent, in the manner and subject to the reporting made hereinafter:

I have examined the books, papers, minute books, forms and returns filed and other records maintained by the Company for the financial year ended on 31st March, 2020 according to the provisions of:

  • i. The Companies Act, 2013 (the Act) and the rules made there under;

  • ii. The Securities Contracts (Regulation) Act, 1956 ('SCRA') and the rules made there under;

  • iii. The Depositories Act, 1996 and the Regulations and Bye-laws framed there under;

  • iv. Foreign Exchange Management Act, 1999 and the rules and regulations made there under to the extent of Foreign Direct Investment, Overseas Direct Investment and External Commercial Borrowings (Not applicable to the Company during the Review Period);

  • v. The following Regulations prescribed under the Securities and Exchange Board of India Act, 1992 ('SEBI Act'):-

  • a. The Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations,2011;

  • b. The Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015;

  • c. The Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018; (Not applicable to the Company during the Review Period);

  • d. The Securities and Exchange Board of India (Share Based Employee Benefits) Regulations, 2014 (Not applicable to the Company during the Review Period);

  • e. The Securities and Exchange Board of India (Issue and Listing of Debt Securities) Regulations, 2008 (Not applicable to the Company during the Review Period);

  • f. The Securities and Exchange Board of India (Registrars to an Issue and Share Transfer Agents) Regulations, 1993 regarding the Companies Act and dealing with client;

  • g. The Securities and Exchange Board of India (Delisting of Equity Shares) Regulations, 2009

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  - ( **Not applicable to the Company during the Review Period** );
  • h. The Securities and Exchange Board of India (Buyback of Securities) Regulations, 2018 ( Not applicable to the Company during the Review Period ); and

  • i. The Securities and Exchange Board of India ( Li s t i n g O b l i g a t i o n s a n d Di s c l o s u r e Requirements) Regulations, 2015 (LODR);

  • vi. There are no laws that are specifically applicable to the Company based on their sector/industry.

I have also examined compliance with the applicable clauses of the Secretarial Standards issued by The Institute of Company Secretaries of India;

During the period under review and as per representations and clarifications provided by the management, I confirm that the Company has complied with the provisions of the Act, Rules, Regulations, Standards, Guidelines etc. mentioned above except to the extent as mentioned below:

(A) the Company does not have a Whole time Company Secretary;

I further report that:

The Board of Directors of the Company is duly constituted with proper balance of Executive Directors, NonExecutive Directors and Independent Directors. The changes in the composition of the Board of Directors that took place during the period under review were carried out in compliance with the provisions of the Act.

Adequate notice is given to all directors to schedule the Board Meetings, agenda and detailed notes on agenda were sent at least seven days in advance, and a system exists for seeking and obtaining further information and clarifications on the agenda items before the meeting and for meaningful participation at the meeting.

Majority decision is carried through while the dissenting members' views are captured and recorded as part of the minutes.

I further report that there are adequate systems and processes in the Company commensurate with the size and operations of the Company to monitor and ensure compliance with applicable laws, rules, regulations, standards and guidelines.

I further report that during the audit period there were no major corporate events having a major bearing on the Company's affairs

This report is to be read with my letter of even date which is annexed as Annexure and forms an integral part of this report.

Place : Kolkata Abhishek Kumar Pandey Date: 28[th] August,2020 Abhishek K Pandey & Associates Company Secretary

ACS: 33116 C.P. No. 12294

Annexure A

To,The Members, Computer Point Limited, Kolkata

My report of even date is to be read along with this letter.

  1. Maintenance of secretarial record is the responsibility of the management of the Company. My responsibility is to express an opinion on these secretarial records based on my audit.

  2. I have followed the audit practices and processes as were appropriate to obtain reasonable assurance about the correctness of the contents of the Secretarial records. The verification was done on test basis to ensure that correct facts are reflected in secretarial records. I believe that the processes and practices, I followed provided a reasonable basis for our opinion.

  3. I have not verified the correctness and appropriateness of financial records and Books of Account of the Company.

  4. Wherever required, I have obtained the management representation about the compliance of laws, rules and regulations and happening of events etc.

  5. The compliance of the provisions of Corporate and other applicable laws, rules, regulations,

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standards is the responsibility of management. My examination was limited to the verification of procedures on the test basis.

  1. The Secretarial Audit Report is neither an assurance as to the future viability of the Company nor of the efficiency or effectiveness with which the management has conducted the affairs of the Company.

Place : Kolkata Abhishek Kumar Pandey Date: 28[th] August,2020 Abhishek K Pandey & Associates Company Secretary ACS: 33116 C.P. No. 12294

ANNEXURE2

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Form No. MGT-9 EXTRACT OF ANNUAL RETURN

As on the Financial Year ended 31/03/2020

  • [ Pursuant to section 92(3) of the Companies Act, 2013 and rule 12(1) of the Companies (Management and Administration) Rules, 2014 ]

I. REGISTRATION AND OTHER DETAILS:

i. CIN L72200WB1984PLC152180
ii Registration Date 14/09/1984
iii Name of the Company Computer Point Limited
iv Category / Sub Category of the
Company Public non-government company
v Address of the Registered office and
contact details 1/1B, Upper Wood Street,
Kolkata
700 017,
Ph: 033-2281-4418
E-mail: [email protected]
vi Whether Listed Company Yes
vii Name Address and Contact details of Registrar and Transfer Agent, if any
M/s S. K. Infosolutions (P) Ltd.
34/1A, Sudhir Chatterjee Street
Kolkata
700 006
Ph
033-22194815
E-mail
[email protected]

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II. PRINCIPAL BUSINESS ACTIVITIES OF THE COMPANY

All the business activities contributing 10% or more of the total turnover of the Company are given

hereunder:-

Sl. No. Name and Description of main
products / services
NIC Code of the
Product / service
% to the turnover
of the company
1. Trading of HL Fabrics & Others 100%

III. PARTICULARS OF HOLDING SUBSIDIARY AND ASSOCIATE COMPANIES-

Sl. No. Name and Address
of The Company
CIN/GLN Holding/
Subsidiary/
Associates
% of shares
held
Applicable
Section
NIL NIL

REPORT ON CORPORATE GOVERNANCE FOR THE YEAR 2018-2019

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Good corporate governance for the Company does not mean only compliance with various statutory and regulatory requirements. The Company strongly believes that the spirit of corporate governance goes beyond the statutory form. Sound Corporate Governance is a key driver of sustainable corporate growth and long-term value creation for the stakeholders and protection of their interests. The Company is continued to maintain the highest level of transparency, accountability, and equity in its operations.

The

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  • A sound system of internal control and risk management, Transparency, honesty, integrity, professionalism and accountability, Compliance with applicable rules and regulations,

  • Timely and correct flow of information to the Board and its committee to enable them discharge their functions effectively,

  • Fair and equitable treatment of all its stakeholders including employees, customers, shareholders and investors.

2. BOARD OF DIRECTORS

As at 31[st] March 2020 the Board consists of three Directors out of which two directors are independent directors. All important strategic policy matters are deliberated in the board meetings where the role of independent directors is crucial. The independent directors are expert professionals with high credentials, who actively contribute in the deliberations of the Board.

  • (i) Composition & Category of Directors
The Board of Directors of your
Company as on 31st March
2020
consisted
of
Three
Designation Category

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Directors as under:Name of
Directors
Mr. A. Jain W T Director Executive & Non-Independent
Mr. A. Das Director Non-Executive & Independent
Mrs. L. Jain Director Non-Executive & Independent

The Board has an optimum combination of Executive and Non Executive Directors and more then 50 % of the Board comprises of Independent Directors. The Independent Directors are not related with the promoters or with the persons occupying the management position at the Board level or any level below the Board. They were neither in employment of the Company for the last three years nor were related with the Company in a capacity as suppliers, service providers, lesser, lessees or customers of the Company which might have affected their independency. None of the Directors are holding any substantial shares of the Company individually or jointly with others.

Apart from sitting fees paid for attending Board/Committee Meetings, the Non- Executive Independent Directors did not have any pecuniary relationship or transactions with the Company. During the year all non- executive directors with diverse knowledge, experience and expertise, provide valuable contribution in the deliberations and decisions of the Board.

  • (ii) Attendance at the Board Meeting & the last Annual General Meeting Directorship

  • & Chairmanships/ Membership in other Boards/Board Committees:

Name and category of the Directors on the Board, their attendance at Board meetings held during the year, number of Directorship and committee Chairmanships/ Memberships held by them in other public limited companies are given below. Other Directorships do not include alternate Directorships, Directorship in Private Limited Companies, and Companies under Section 25 of the Companies Act, 1956 and of the Companies incorporated outside India.

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Grievances Committee.

Name of
Directors
Category No of Board
Meetings
No of Board
Meetings
Whether
attended
last AGM
held on 20th
No. of
Directorship
in other
Public Ltd
Companies
No. of
Directorship
in other
Public Ltd
Companies
Held
during
tenure
Attended As
Chairman
Mr. A. Jain Executive &
Non-
Independent
6 6 Yes NIL NIL
Mrs. L. Jain Non-
Executive &
6 2 Yes NIL NIL

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Mr. A. Das Independent
Non-Executive &
Independent
6 4 Yes NIL NIL NIL

None of the Directors on the Board is a member of more than 10 Committees or Chairman of more than 5 committees as specified in clause 49, across all the Companies in which he is a Director. The Directors have made necessary disclosure regarding positions held in other public limited companies as on 31[st] March 2020.

(iii) Number of Board Meetings held and the dates on which meetings held:

A total of 6 (SIX) Board Meetings were held during the year as against the minimum requirements of 4 meetings. The maximum gap between any two Board Meetings was not more than four months at any time.

anytime.
SL. NO. Date of Board Meeting No. of Directors Present
1
2
3
4
5
6
23-05-2019
19-06-2019
27-07-2019
02-09-2019
31-10-2019
21-01-2020
3
2
2
2
2
2

3. BOARD PROCEDURE

The Board of Directors meet from time to time to transact such business in respect of which the attention and sanction of the board is required. There is a well laid procedure of sending to all the Directors due notice of the meetings accompanied by detailed agenda papers sufficiently in advance. The Directors freely express their views and seek clarification on various points concerning the respective business of the meeting and decision taken in such meetings are duly and correctly implemented without any

maintained for the purpose. The Directors hold their offices strictly in compliance with the provisions the Companies Act, 1956 and the provisions of the Articles of Association of the Company.

4. BOARD COMMITTEE

The Board of Directors has three (3) Committees of Directors to assist the Board in discharging its responsibilities towards strategic supervision;

The said committees are: i) Audit Committee, ii) Stakeholders Relationship Committee and iii) Nomination and Remuneration Committee.

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  1. AUDIT COMMITTEE

  2. i) The role and terms of reference of the Audit Committee covers the areas mentioned under Regulation SEBI (LODR), Regulations 2015 and in Section 177 of the Companies Act, 2013.The dit Committee comprises of the following Directors the majority of being are

  3. independent.

  4. Mr. A. Das (Independent Non Executive) - Chairman

  5. Mrs. L. JAIN (Independent Non Executive) - Member

  6. Mr. A. Jain (Executive) - Member

Brief descriptions of the terms of reference of the Audit Committee are as follows:

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information to ensure that the financial statement is correct, sufficient and credible.

  • b) Discussion with the statutory auditors before the audit commences about nature and scope of audit as well as post- audit discussion to ascertain any area of concern.

  • c) Reviewing, with the management, the quarterly financial statements before submission to the Board for approval.

  • d) Reviewing, with the management, the annual financial statement before submission to the Board for approval, with particular reference to:

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  • Matters required to be included in the D

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  • Changes, if any, in accounting policies and practices and reasons for the same;

  • Major accounting entries involving estimates based on exercise of judgment by management;

  • Significant adjustments made in the financial statements arising out of audit findings; Compliance with Listing and other legal requirements relating to financial statements; Disclosure of any related party transaction;

  • Qualification of draft audit report, if any.

  • e) Reviewing the adequacy of internal audit function, if any including the structure of the internal audit department, staffing and seniority of the official heading the department, reporting structure coverage and frequency of internal audit.

  • f) Discussion with internal auditors of any significant findings and follow-up thereon.

  • ii) Meeting & attendance during the year:-

Name of Directors Category No of Meetings No of Meetings
Held during
tenure
Attended
Mrs. L.Jain Non-Executive & Independent 4 2
Mr. A. Das Non-Executive & Independent 4 4
Mr. A. Jain Executive & Non-Independent 4 4

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Four Meetings of the Audit Committee were held during the financial year ended 31[st] March 2020. The dates on which the Audit Committee meetings were held are as follows 19[th] May 2019, 25[th] July 2019, 24[th] October 2019 & 16[th] January 2020.

6. STAKEHOLDERS RELATIONSHIP COMMITTEE

The Board has constituted a Stakeholders Relationship Committee to deal with the request for transfer/ transmission/ duplicate issue of shares in due Compliance with the provisions of the Companies Act, 2013 and also the listing Agreements.

The present composition of the Stakeholders Relationship Committee is as follows:-

Name of Directors Category Membership
Mr. A. Das Non-Executive & Independent Chairman
Mrs. L. Jain Non-Executive & Independent Member
Mr. A. Jain Executive & Non-Independent Member

The Committee oversees the performance of M/s S. K. Infosolutions (P) Ltd., the Registrar and Share Transfer Agent of the Company and recommends measures to improve the level of investor related services. Though the powers to approve share transfer/share transmission are delegated to the Registrars and Share Transfer Agent, all the share transfer / transmission cases approved by the Registrar are reported to the Committee which also keeps a close watch on disposal status of all complaints / grievances of shareholders.

During the year the committee met on 12 (Twelve) occasions on 30.04.2019, 30.05.2019, 29.06.2019, 30.07.2019, 30.08.2019, 30.09.2019, 30.10.2019, 30.11.2019, 30.12.2019, 30.01.2020, 29.02.2020 & 30.03.2020. Instead of appointing a separate committee for dealing with the share transfers/investors grievance, the same Share Transfer Committee has been assigned the responsibility of attending to Share transfers/Investors grievance also.

Meeting & attendance during the year:-

Name of Directors Category No of Meetings No of Meetings
Held during
tenure
Attended
Mr. A. Das Non-Executive & Independent 12 12
Mrs.L. Jain Non-Executive & Independent 12 4
Mr. A. Jain Executive & Non-Independent 12 8

All valid transfer requests received by the Company as the same are concerned with shares in physical mode were duly transferred / transmitted within 30 days from the date of receipt while requests for dematerialization are dealt with within 15 days from the date of receipt.

7. REMUNERATION COMMITTEE

The Board of Directors of the Company constituted a Remuneration Committee of Directors mainly for the

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Director, reviewing the structure, design and implementation of remuneration policy in respect of such Director.

The Composition of the Remuneration Committee as on the date of the report is as follows:-

  1. Mrs. Lata Jain _ Chairman 2. Mr. A. Das _ Member 3. Mr. A. Jain - Member

During the period under review, only one meeting of the remuneration Committee was held on 28.10.2019 in which all the members were present.

All the Non Executive directors are however paid sitting fees of Rs.1,000/- for attending every meeting of the Board and Committees thereof which is shown as follows.

Name of the Directors Salary Perquisites Sitting Fees Total
Rs. Rs. Rs. Rs.
Mr. A. Jain 5,00,000/- --- --- 5,00,000/-
Mr. A. Das --- --- 23,000/- 23,000/-
Mrs. Lata Jain --- --- 17,000/- 17,000/-

8. NAME AND DESIGNATION OF COMPLIANCE OFFICER

Mr. A. Rahman, Our CFO has been designated as the compliance officer in terms of clause 47(a) of the listing Agreement. The shareholders may send their complaints directly to Compliance Officer at the below mentioned address:

Mr. A. Rahaman Compliance officer M/s Computer Point Ltd. 1/1B, Upper Wood Street, Kolkata 700 017 Email [email protected]

9. GENERAL BODY MEETINGS

  • (i) General Meeting

  • (a) Location and Time of Last Three Annual General Meeting.

Financial Year
ended
Date Time Venue
31.03.2017 25.09.2017 9.30 A.M. 1/1B, Upper Wood Street, Kolkata
700 017
31.03.2018 20.09.2018 9.30 A.M. 1/1B, Upper Wood Street, Kolkata
700 017
31.03.2019 30.09.2019 9.30 A.M. 1/1B, Upper Wood Street, Kolkata
700 017

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Extraordinary General Meeting

There was no Extraordinary General Meeting held during the year.

  • a) The Company has not entered into any transaction of material nature, with promoters, Directors or the Management, or its relatives, etc. that may have potential conflict with the interest of the Company at large, other than in the normal course of business.

b) Details of Non compliance by the Company, penalties & strictures imposed on the Company by the stock exchange, SEBI or any statutory Authority, on any matter related to capital market during the last 3(three) years ended on 31.03.2020: NIL

  • c) The Company duly complied with the mandatory requirements of Regulation SEBI (LODR), Regulations 2015 with the stock Exchange.

  • MEANS OF COMMUNICATION

  • i) The Audited Annual Financial Reports and the Directors Report on the performance of the Company are regularly sent by post paid to each and every shareholder as also the notices of all shareholders

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terms of the provisions under the Listing Agreements with the Stock Exchanges, the other periodic financial results and specific information about the Board meeting, etc are duly published in Local Newspapers, one in English and one in Vernacular.

The Company regularly intimates un-audited as well as audited financial results to the Stock Exchanges immediately after the Board takes the same on record.

ii) The Company did not make any re-presentation to the institutional investors or the analysts.

12. GENERAL SHAREHOLDERS INFORMATION

  • a) i) Annual General Meeting

Date: 28[th] September, 2020 Time: 9.30 A.M.

Venue:1/1B, Upper Wood Street, Kolkata-700017

  • ii) The information as required under Regulation SEBI (LODR) Regulations, 2015 relating to the Directors seeking appointment / re-appointment at the forthcoming Annual General Meeting are furnished in the Statement annexed to the Notice convening the 34[th] Annual General Meeting. The Shareholders may kindly refer to the same.

b) FINANCIAL CALENDER 2019-2020

The current financial year has been for a period of 12 months from 1[st] April, 2019 to 31st March, 2020. c) DATES OF BOOK CLOSURE

The Share transfer books and Register of Members of the Company will remain closed from 21[st] September, 2020 to 28[th] September, 2020, both days inclusive in connection with the Annual General Meeting of the Company to be held on 28[th] September, 2020.

d) DIVIDEND PAYMENT DATE

No dividend is recommended for the period ended 31[st] March 2020.

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  • e) LISTING OF SHARES ON STOCK EXCHANGES

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i) The Bombay Stock Exchange Ltd Code: 507833 25[th] Floor P. J. Tower Dalal Street, Mumbai 400 001

The Company has remitted the Annual Listing fees up to 2018-19 to the Stock Exchange.

Demate ISIN in NSDL/CDSL for equity shares INE 607B01012

  • f) THE REGISTRAR & SHARE TRANSFER AGENT

In accordance with the SEBI directive vide Circular Nos. D&C/FITTC/CIR-15/2002 dated 27[th] December, 2002, the Company has appointed the following SEBI registered Agency as the common Registrar and Share Transfer Agent of the Company for both the physical and Dematerialized Segments.

M/s S. K. INFOSOLUTIONS (P) LTD. 34/1A, Sudhir Chatterjee Road, Kolkata 700 006 Ph 033-22194815 E-mail [email protected]

  1. SHARE TRANSFER SYSTEM

Applications for transfer of share in physical mode are received at the office of the Registrar & Share transfer Agents. The Committee of the Board of Directors attend / to Share Transfer formalities at least once in every month depending on the requirement.

Shares held in dematerialized form are electronically traded in the Depository and the RTA of the Company periodically receives from the depository, the details of beneficial holding for them to update their records and to send all corporate communication, etc. Physical shares received for dematerialization are processed and completed within a period of 15 days from the date of receipt provided they are in order in every respect. Bad deliveries are immediately returned to Depository Participant under advice to the shareholders.

14. SHAREHOLDING PATTERN (AS ON 31[ST] MARCH, 2020)

Category No. of
Shareholders
Percentage No of Shares Percentage
PROMOTERS
Indian Promoters 3 0.05 547762 1.83
Foreign Promoters -- -- -- --
Person Acting in Concert -- -- -- --
BODIES CORPORATE

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Banks & Mutual Funds -- -- -- --
NRIs / OCRs 20 0.33 93894 0.31
Other Body Corporate 97 1.72 21460039 71.68
Resident Individuals 5678 97.90 7899605 26.18
Others -- -- -- --
Total 5798 100.00 30001300 100.00

15. DEMATERIALISATION & LIQUIDITY

As on 31[st] March 2020 about 86.98% shares of the Company are in dematerialized form. The shares of the Company are permitted to trade only on dematerialized form w.e.f. 23.10.2000.

16. OUTSTANDING GDRS / ADRS/WARRANTS OR CONVERTIBLE INSTRUMENTS :

The Company has not issued any GDRs /ADRs /Warrants or any convertible instruments.

  1. DISTRIBUTION OF SHRAREHOLDING PATTERN AS ON 31[ST] MARCH, 2020.
Range
In No. of
Shares
Range
In Value of
Shares
No of
Shareholders
Percentage
To total Sh.
holders
No of
Shares
Percentage
to total
Holding
Up to 500 Up to 5000 3878 66.89 830721 2.77
501
1000
5010 - 10000 864 14.90 784849 2.62
1001
2000
10010-20000 432 7.45 707101 2.36
2001
3000
20010-30000 154 2.66 408707 1.36
3001
4000
30010-40000 91 1.57 332950 1.11
4001
5000
40010-50000 100 1.72 483435 1.61
5001
10000
50010-100000 126 2.17 933555 3.11
10001 - 50000 100010-
500000
123 2.12 2472566 8.24
50001
100000
500010-
1000000
14 0.24 986816 3.29
100001 and
above
1000010and
above
16 0.28 22060600 73.53
Total 5798 100.00 30001300 100.00

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18. STOCK MARKET DATA

The shares of the Company are regularly traded on the BSE. The Annual Data for Trading on BSE are given below:

Month High Low
April 2019 0.96 0.75
May 2019 1.06 0.89
June 2019 1.01 1.01
July 2019 0.96 0.88
August 2019 0.84 0.80
September 2019 0.84 0.80
October 2019 0.76 0.64
November 2019 0.73 0.44
December 2019 0.44 0.31
January 2020 0.34 0.29
February 2020 0.39 0.35
March 2020 0.40 0.37

Source: BSE Website

19. INVESTORS CORRESPONDENCE ADDRESS:

M/s COMPUTER POINT LTD.

1/1B, UPPER WOOD STREET

KOLKATA 700 017

20. DECLARATION

  • I, A. Rahaman, Chief Financial Officer of m/s. Computer Point Ltd., hereby declare that pursuant to Regulation SEBI (LODR), Regulations 2015s, all members of the Board and senior Management personal have affirmed their Compliance with the code of Conduct for the year ended 31[st] March, 2020.

Date: 28[th] August, 2020

For Computer Point Ltd.

Place: Kolkata

A. Rahaman

Chief Financial Officer

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ANNEXURE 4

The information as required under Section 197(12) of the Companies Act, 1956 read with the Rule 5(1) of the Companies (Appointment and Remuneration of Managerial personnel) rules, 2014:

Remuneration paid to Directors and Key Managerial Personnel:

(Rs. In Lacs)

Sl.
No
.
Name Title/Category Remuneration
In Fiscal 2020
Remuneratio
n
In Fiscal 2019
% increase
remuneration
Ratio
Remuneration
to the MRE
1. A. Jain W. T Director 5.00 3.50 - 5.00:1
2. S. Mukherjee CFO 1.20 1.80 - 1.20:1
3. A. Rahaman CFO 0.60 0.00 - 0.60:1

Comparison of Remuneration of Computer Point Ltd. against the performance of the Company:

Sl.
No
Name Designation Remuneration Comparison of remuneration against
the performance of the Company
Comparison of remuneration against
the performance of the Company
Comparison with
Turnover
Comparison
with
Net Profit
1. A. Jain W T Director 5.00 0.09% 180.41%
2. S, Mukherjee CFO 1.20 0.05% 92.78%
3. A.Rahaman CFO 0.60 0.02% 30.90%
Comparison of Remuneration to Employees (Rs. In Lacs)
Particulars As on 31.03 As on 31.03 Increase
/
Decreas
e
Average
Increase /
Decrease
Median Remuneration of
Employee (MRE)
Median Remuneration of
Employee (MRE)
Increase
/
Decrease
in MRE
% Increase /
Decrease in
MRE
2020 2019
As on
31.03.2020
As on
31.03.2019
Number of
permanent
Employees on
the rolls of
the Co.
12 15 3

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Total
Remuneratio
n
46.11 47.40 -1.29
ANNEXURE 5

MANAGEMENT DISCUSSION AND ANALYSIS

1. MANAGEMENT DISCUSION AND REPORT (AS ANNEXED TO THIS REPORT AND MARKED AS ANNEXURE - 5)

The Company had been very aggressive in the quest for new contracts and execution thereof while maintaining its pricing standards. The Company foresees no improvement in its order positions in diverse Industrial sectors in the immediate future due to serious working capital deficit.

2. INDUSTRY STRUCTURE AND DEVELOPMENT:

Indian economy has recorded a rapid growth over the last few years, followed by a large number of Indian companies extending their operations globally and competing with other foreign multi-nationals in equal footing and even acquiring control over a number of them. Such rapid growth of Indian Economy was made possible by the meteoric growth of service sector like Information Technology (IT and IT enabled services) industry which is expected to continue its growth process. This growth process of IT enabled services is appropriately complemented by the necessary development imparted by a host of

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established its presence with a brand name in Computer & Management stands to have extensive opportunities ahead.

3. OPPOUTUNITY AND THREAT:

Your Company has a huge network of franchisee spread all over the country especially in the rural areas oducts enjoy wide acceptance in various users Industries including widely dispersed institutions and universities. Yet in the ever changing corporate and technology scenario, it is always necessary to keep regular vigilance and to maintain a constant pace

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4. OUTLOOK:

Barring a few unforeseen, the Company is confident to maintain its growth rate and once its liquidity problem is solved, it is definite to accelerate with higher and higher quality services to its customers and students.

5. RISK AND CONCERNS

The IT Business in India is highly fragmented .the sector is mainly dominated by the small regional players having presence in their own region like city or state. There are a very few companies in India having a brand name and nationwide presence. Computer Point is one of the Companies having a nation wide presence especially in Eastern India region. Since there are a few players more and bigger players are eyeing this sector as a nice segment for the business. Thus many new big players are entering in the market with big capital expenditure plans. Again the sector is highly dependent on the Govt. budgetary

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support for imparting education in the country. Due to rising fiscal deficit Govt. may reduce the budgetary support which may have an impact on the performance of the Company.

6. INTERNAL CONTROL SYSTEM:

The Company has proper and adequate system of internal controls to ensure that all assets are safeguarded; transactions are authorized, recorded and reported correctly. The controls also ensure compliances with policies and statutes. The operational management drives its control over business processes through operational systems, procedure manuals and financial limits of authority manual, which are being reviewed and updated on an on going basis with an objective to improve systems and efficiency of operations.

The scope of the audit activity is mainly guided by the annual audit program me developed by the internal audit team of the Company in consultation with the statutory auditors, which is first reviewed by the management committee of the Board of Directors. The Internal audit programme is aligned to the existing system and procedures, financial limits of authority and also the key risk areas.

Internal audit department carries out audit throughout the year covering almost all areas of operations including the follow up action. The Audit Committee of the Board of Directors reviews the internal audit report along with the direction/action plan recommended by the management committee and the implementation of corrective actions.

7. HUMAN RESOURCES DEVELOPMENT & INDUSTRIAL RELATION

The Company believes that the quality of its employees is the key to its success in the long run and is committed to provide the necessary human resource development and training opportunities to equip them with the skills, which would enable them to adapt to contemporary technological advancements.

Industrial relations during the year continues to be cordial and the Company is committed to maintain good industrial relations through negotiations, meetings etc.

For and on Behalf of the Board

Date: 28[th] AUGUST, 2020 Place: Kolkata

A. Jain L.Jain W.T.Director Director (DIN: 00432709) (DIN: 00397913)

Audit Report

ACHARYYA SWAPAN & CO. 53, COLLEGE STREET CHARTERED ACCOUNTANTS KOLKATA-700073 FIRM REG. NO. -325797E PAN AAPFA1221L

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To The Members of Computer Point Limited

Report on the Audit of the Standalone Financial Statements

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Opinion

We have audited the accompanying standalone financial statements of Computer 2020, the Statement of Profit and Loss (including Other Comprehensive Income), the Statement of Changes in Equity and the Statement of Cash Flows for the year ended on that date, and a summary of the significant accounting policies and other explanatory information (hereinafter re

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In our opinion and to the best of our information and according to the explanations given to us, the aforesaid standalone financial statements give the information required by the Companies Act, 2013 a true and fair view in conformity with the Indian Accounting Standards prescribed under section 133 of the Act read with the Companies (Indian Accounting Standards) Rules, 2015 generally accepted in India, of the state of affairs of the Company as at March 31, 2020, the profit and total comprehensive income, changes in equity and its cash flows for the year ended on that date.

Basis for opinion

We conducted our audit of the standalone financial statements in accordance with the Standards on Auditing specified under section 143(10) of the Act (SAs). Our Responsibilities for the Audit of the Standalone Financial Statements section of our report. We are independent of the Company in accordance with the Code of Ethics issued by the Institute of Chartered Accountants of India (ICAI) together with the independence requirements that are relevant to our audit of the standalone financial statements under the provisions of the Act and the Rules made thereunder, and we have fulfilled our other ethical responsibilities in accordance with these requirements e we have obtained is sufficient and appropriate to provide a basis for our audit opinion on the standalone financial statements.

Key audit matters

Key audit matters are those matters that, in our professional judgment, were of most significance in our audit of the standalone financial statements of the current period. These matters were addressed in the context of our audit of the standalone financial statements as a whole, and in forming our opinion thereon, and we do not provide a separate opinion on these matters. We have determined the matters described below to be the key audit matters to be communicated in our report.

Sr.
No.
Key Audit Matter
1 Impact of Covid-19 pandemic on going concern, impairment, expected credit loss,
valuation & internal financial control
The pandemic & consequent lock down imposed by the govt. w.e.f. 22.03.2020 which is
still in force in a truncated manner had disrupted economic activity throughout the

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country. This will affect the repayment schedule of loans advanced by the company.

The impact of the pandemic will not affect the items & component of the current year financial statement, therefore no impairment is recognized. Appropriate disclosure of subsequent events, risk & uncertainties & how events & condition may impact future operating results, cash flows & financial position of the entity has been made to the extent foreseeable. There is some deficiency in the internal financial control relating to reportingfrom center.

2. Key Audit Matter

Evaluation of uncertain tax positions

The Company has material uncertain tax positions including matters under dispute which involves significant judgment to determine the possible outcome of these disputes. Refer Notes to the Standalone Financial Statements

Principal Audit Procedures

Obtained details of completed tax assessments and demands for the year ended March 31, 2020 from management. We involved our internal experts to challenge the in estimating the tax provision and the possible outcome of the disputes. Our internal experts also considered legal precedence and other we considered the effect of new information in respect of uncertain tax positions as at these uncertainties.

3 Key Audit Matter

Recoverability of Indirect tax receivables

As at March 31, 2020, non-current assets in respect of withholding tax and others includesService Tax recoverable amounting to Rs. 18.49lacs which are pending adjudication.

Refer Note to the Standalone Financial Statements.

Principal Audit Procedures

We have involved our internal experts to review the nature of the amounts recoverable, the sustainability and the likelihood of recoverability upon final resolution.

Report Thereon

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The information. The other information comprises the information included in the ponsibility Report, Corporate Governance and

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Our opinion on the standalone financial statements does not cover the other information and we do not express any form of assurance conclusion thereon.

In connection with our audit of the standalone financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the standalone financial statements or our knowledge obtained during the course of our audit or otherwise appears to be materially misstated.

If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard.

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134(5) of the Act with respect to the preparation of these standalone financial statements that give a true and fair view of the financial position, financial performance, total comprehensive income, changes in equity and cash flows of the Company in accordance with the Ind AS and other accounting principles generally accepted in India. This responsibility also includes maintenance of adequate accounting records in accordance with the provisions of the Act for safeguarding the assets of the Company and for preventing and detecting frauds and other irregularities; selection and application of appropriate accounting policies; making judgments and estimates that are reasonable and prudent; and design, implementation and maintenance of adequate internal financial controls, that were operating effectively for ensuring the accuracy and completeness of the accounting records, relevant to the preparation and presentation of the standalone financial statements that give a true and fair view and are free from material misstatement, whether due to fraud or error.

In preparing the standalone financial statements, management is responsible for applicable, matters related to going concern and using the going concern basis of accounting unless management either intends to liquidate the Company or to cease operations, or has no realistic alternative but to do so.

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reporting process.

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Our objectives are to obtain reasonable assurance about whether the standalone financial statements as a whole are free from material misstatement, whether due to assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with SAs will always detect a material misstatement when

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it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these standalone financial statements.

As part of an audit in accordance with SAs, we exercise professional judgment and maintain professional skepticism throughout the audit. We also :

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  • Identify and assess the risks of material misstatement of the standalone financial statements, whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal controls. Obtain an understanding of internal financial controls relevant to the audit in order to design audit procedures that are appropriate in the circumstances. Under section 143(3)(i) of the Act, we are also responsible for expressing our opinion on whether the Company has adequate internal financial controls system in place and the operating effectiveness of such controls.

  • Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by management.

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  • accounting and, based on the audit evidence obtained, whether a material uncertainty exists related to ev continue as a going concern. If we conclude that a material uncertainty exists, we are alone

  • financial statements or, if such disclosures are inadequate, to modify our opinion. Our However, future events or conditions may cause the Company to cease to continue as a going concern. Evaluate the overall presentation, structure and content of the standalone financial statements, including the disclosures, and whether the standalone financial statements represent the underlying transactions and events in a manner that achieves fair presentation. Materiality is the magnitude of misstatements in the standalone financial statements that, individually or in aggregate, makes it probable that the economic decisions of a reasonably knowledgeable user of the financial statements may be influenced. We consider quantitative materiality and qualitative factors in (i) planning the scope of our audit work and in evaluating the results of our work; and (ii) to evaluate the effect of any identified misstatements in the financial statements.

We communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit and significant audit findings, including any significant deficiencies in internal control that we identify during our audit.

We also provide those charged with governance with a statement that we have complied with relevant ethical requirements regarding independence, and to communicate with them all relationships and other matters that may reasonably be thought to bear on our independence, and where applicable, related safeguards.

From the matters communicated with those charged with governance, we determine those matters that were of most significance in the audit of the standalone financial statements of the current period and are therefore the key audit matters. We

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public disclosure about the matter or when, in extremely rare circumstances, we determine that a matter should not be communicated in our report because the adverse consequences of doing so would reasonably be expected to outweigh the public interest benefits of such communication.

Report on Other Legal and Regulatory Requirements

  1. As required by Section 143(3) of the Act, based on our audit we report that :

a) We have sought and obtained all the information and explanations which to the best of our knowledge and belief were necessary for the purposes of our audit.

b) In our opinion, proper books of account as required by law have been kept by the Company so far as it appears from our examination of those books.

c) The Balance Sheet, the Statement of Profit and Loss including Other Comprehensive Income, Statement of Changes in Equity and the Statement of Cash Flow dealt with by this Report are in agreement with the relevant books of account. d) In our opinion, the aforesaid standalone financial statements comply with the Ind AS specified under Section 133 of the Act, read with Rule 7 of the Companies (Accounts) Rules, 2014.

e) On the basis of the written representations received from the directors as on March 31, 2020 taken on record by the Board of Directors, none of the directors is disqualified as on March 31, 2020 from being appointed as a director in terms of Section 164 (2) of the Act.

f) With respect to the adequacy of the internal financial controls over financial reporting of the Company and the operating effectiveness of such controls, refer to over financial reporting

g) With respect to the other matt accordance with the requirements of section 197(16) of the Act, as amended:

In our opinion and to the best of our information and according to the explanations given to us, the remuneration paid by the Company to its directors during the year is in accordance with the provisions of section 197 of the Act.

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accordance with Rule 11 of the Companies (Audit and Auditors) Rules, 2014, as amended in our opinion and to the best of our information and according to the explanations given to us

i. The Company has disclosed the impact of pending litigations on its financial position in its standalone financial

ii. The Company has made provision, as required under the applicable law or accounting standards, for material foreseeable losses, if any, on long-term contracts including derivative contacts.

iii. There has been no delay in transferring amounts, required to be transferred, to the Investor Education and Protection Fund by the company.

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  1. As required by the C statement on the matters specified in paragraphs 3 and 4 of the order.

For AcharyyaSwapan& Co Chartered Accountants Firm Registration No.325797E

Partner Membership No.068958 UDIN :20068958AAAADO4199

Annexure to the Independent Report

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even date)

Report on the Internal Financial Controls Over Financial Reporting under Clause (i) of Sub-

We have audited the internal financial controls over financial reporting of Computer 2020 in conjunction with our audit of the standalone financial statements of the Company for the year ended on that date.

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The Board of Directors of the Company is responsible for establishing and maintaining internal financial controls based on the internal control over financial reporting criteria established by the Company considering the essential components of internal control stated in the Guidance Note on Audit of Internal Financial Controls Over Financial Reporting issued by the Institute of Chartered Accountants of India. These responsibilities include the design, implementation and maintenance of adequate internal financial controls that were operating effectively for ensuring the orderly and efficient conduct of its business, including adherence to respective frauds and errors, the accuracy and completeness of the accounting records, and the timely preparation of reliable financial information, as required under the Companies Act, 2013.

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Our responsibility is to express an opinion on the internal financial controls over financial reporting of the Company based on our audit. We conducted our audit in accordance with the Guidance Note on Audit of Internal Financial Controls Over Financial Reporting Accountants of India and the Standards on Auditing prescribed under Section 143(10) of the Companies Act, 2013, to the extent applicable to an audit of internal financial controls. Those Standards and the Guidance Note require that we comply with ethical requirements and plan and perform the audit to obtain reasonable assurance about whether adequate internal financial controls over financial reporting was established and maintained and if such controls operated effectively in all material respects.

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Our audit involves performing procedures to obtain audit evidence about the adequacy of the internal financial controls system over financial reporting and their operating effectiveness. Our audit of internal financial controls over financial reporting included obtaining an understanding of internal financial controls over financial reporting, assessing the risk that a material weakness exists, and testing and evaluating the design and operating effectiveness of internal control based on including the assessment of the risks of material misstatement of the financial statements, whether due to fraud or error.

We believe that the audit evidence we have obtained, is sufficient and appropriate to provide a basis for our audit opinion on the internal financial controls system over financial reporting of the Company.

Meaning of Internal Financial Controls Over Financial Reporting

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to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with financial reporting includes those policies and procedures that (1) pertain to the maintenance of records that, in reasonable detail, accurately and fairly reflect the transactions and dispositions of the assets of the company; (2) provide reasonable assurance that transactions are recorded as necessary to permit preparation of financial statements in accordance with generally accepted accounting principles, and that receipts and expenditures of the company are being made only in accordance with authorisations of management and directors of the company; and (3) provide reasonable assurance regarding prevention or timely detection of unauthorised acquisition, have a material effect on the financial statements.

Limitations of Internal Financial Controls Over Financial Reporting

Because of the inherent limitations of internal financial controls over financial reporting, including the possibility of collusion or improper management override of controls, material misstatements due to error or fraud may occur and not be detected. Also, projections of any evaluation of the internal financial controls over financial reporting to future periods are subject to the risk that the internal financial control over financial reporting may become inadequate because of changes in conditions,

or that the degree of compliance with the policies or procedures may deteriorate.

Opinion

The Company does not fulfill the essential components of internal control stated in the Guidance Note on Audit of Internal Financial Controls Over Financial Reporting issued by the Institute of Chartered Accountants of India.

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For AcharyyaSwapan& Co Chartered Accountants Firm Registration No.325797E

Partner Membership No.068958 UDIN : 20068958AAAADO4199

Annexure to the Independent Report

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Requiremen even date)

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(a) The Company has maintained proper records showing full particulars, including quantitative details and situation of fixed assets.

(b) The verification of the items of fixed assets is adequate considering the size & truncated operation of the company. According to the information and explanations given to us, no material discrepancies were noticed on such verification.

ii. The Company is in the business of providing software training services and does not have any physical inventories. Accordingly, reporting under clause 3 (ii) of the Order is not applicable to the Company.

iii. According the information and explanations given to us, the Company has granted unsecured loans to bodies corporate, covered in the register maintained under section 189 of the Companies Act, 2013, in respect of which : (a) The terms and conditions of the grant of such loans are, in our opinion, prima facie, not prejudicial to interest.

(b) The schedule of repayment of principal and payment of interest has been stipulated and repayments or receipts of principal amounts and interest have been regular as per stipulations

(c) There is no overdue amount remaining outstanding as at the year-end

iv. In our opinion and according to the information and explanations given to us, the Company has complied with the provisions of Sections 185 and 186 of the Act in respect of grant of loans, making investments and providing guarantees and securities, as applicable.

v. The Company has not accepted deposits during the year and does not have any unclaimed deposits as at March 31, 2019 and therefore, the provisions of the clause 3 (v) of the Order are not applicable to the Company.

vi. The maintenance of cost records has not been specified by the Central Government under section 148(1) of the Companies Act, 2013 for the business activities carried out by the Thus reporting under clause 3(vi) of the order is not applicable to the Company.

vii. According to the information and explanations given to us, in respect of statutory dues :

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(a) The Company has generally been regular in depositing undisputed statutory Insurance, Income Tax, Goods and Service Tax, Customs Duty, Cess and other material statutory dues applicable to it with the appropriate authorities.

(b) There were no undisputed amounts payable in respect of Provident Fund, come Tax, Goods and Service Tax, Customs Duty, Cess and other material statutory dues in arrears as at March 31, 2020 fora period of more than six months from the date they became payable.

(c) Details of dues of Income Tax, Sales Tax, Service Tax, Excise Duty and Value Added Tax which have not been deposited as at March 31, 2020 on account of dispute are given below :

Nature of
the statute
Nature
of dues
Forum where
Dispute is pending
Period to which the
amount relates
Amount in
Rs. crore
The Income
Tax Act, 1961
Income
Tax
Finance Act,
1994
Service
Tax
CEGAT 2010-11 2.19
excluding
interest &
penalty
Central Excise
Act, 1944
Excise
Duty
Customs Act,
1962
Custom
Duty and
Interest
Sales Tax Act
and VAT Laws
Sales Tax
and
interest

viii. The Company has taken car loan from ICICI Bank. During the year the company has failed to honor all its EMI. The legal action or any settlement option is not dealt with.

ix. The Company has not raised moneys by way of initial public offer or further public offer (including debt instruments) or term loans and hence reporting under clause 3 (ix) of the Order is not applicable to the Company.

x .To the best of our knowledge and according to the information and explanations given to us, no fraud by the Company or no material fraud on the Company by its officers or employees has been noticed or reported during the year.

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xi. In our opinion and according to the information and explanations given to us, the Company has paid / provided managerial remuneration in accordance with the requisite approvals mandated by the provisions of section 197 read with Schedule V to the Act.

xii. The Company is not a Nidhi Company and hence reporting under clause 3 (xii) of the Order is not applicable to the Company. xiii. In our opinion and according to the information and explanations given to us, the Company is in compliance with Section 177 and 188 of the Companies Act, 2013 where applicable, for all transactions with the related parties and the details of related party transactions have been disclosed in the standalone financial statements as required by the applicable accounting standards.

xiv. During the year, the Company has not made any preferential allotment or private placement of shares or fully or partly paid convertible debentures and hence reporting under clause 3 (xiv) of the Order is not applicable to the Company.

xv. In our opinion and according to the information and explanations given to us, during the year the Company has not entered into any non-cash transactions with its Directors or persons connected to its directors and hence provisions of section 192 of the Companies Act, 2013 are not applicable to the Company.

xvi. The Company is not required to be registered under section 45-IA of the Reserve Bank of India Act, 1934.

For AcharyyaSwapan& Co Chartered Accountants Firm Registration No.325797E Partner Membership No.068958 UDIN : 20068958AAAADO4199

Place: Kolkata Date : 28.08.2020

NOTES TO ACCOUNTS

�������������� Ltd ��������� ���������������������������������������͵ͳ���������ʹͲʹͲ 1 ������� ���������� ������������������������������������������������������������������������ǡ�ͳͻͷ͸Ǥ����� �������̵��������������������������� ������������� �������Ǥ������������������������������������� ������������������������� �������������������Ǥ� �������������������������������͵ͳ�������ʹͲʹͲ����������������������������������������������� Company. �������������������

������������������������ ��������������������������������������������������Ǥ� The financial statements for the year ended 31 March 2020 were approved by the Board of Directors and authorised for ��������� 28.08.2020. 2 ������������������������������� The significant accounting policies applied by the Company in the preparation of its financial statements are listed below. ���������������� policies have been applied consistently to all the periods presented in ���������������� statements unless otherwise indicated.

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  • 3 ����������������������� In accordance with the notification issued by the Ministry of Corporate Affairs, the Company has adopted Ind AS notified under ��������������ȋ ��������������������������Ȍ������ǡ�ʹͲͳͷ������������������������Ͳͳǡ�ʹͲͳ͸Ǥ� ��������������������������������������������������������������� ��������������������������� ������

  • ��������������������Ȍ������ǡ�ʹͲͳͷȐ�����������������������������������������Ǥ�

  • 4 �������������������� These financial statements have been prepared inaccordance with the generally accepted accounting principles in India �������������������������� convention.

5 �������������������������������������������������� �����������������������������������������ǡ����������������������������ǡ��������������� ����������������������������������������������������������������������������������������������� ������������������Ǥ���������������������������������������������� are based on historical experience and other factors that are considered to be relevant. Actual ������������ differ ��������������������Ǥ �����������������������������������������������������������������������������Ǥ�������������� ���������������������������������������������������������������������������������������������� ����������������Ǥ�

����������������������������������������������������������������������������������������������� ��������������������������������ǡ��������������������ǡ������������������ǡ��������������� ��������ǡ��������������������ǡ��������������������������������������ǡ����������������� contingencies. 6 ��������ǡ�������������������� �������������������ǡ����������������������������������������������������������������������������� ���������������������������������� the item will flow to the Company and its cost can be measured reliably. This recognition principle is applied to the ������������������������������������� �������������������ǡ����������������������������������������������������������������������ǡ� ���������������ǡ��������������Ǥ���������������������������������������ǡ����������������������������ǡ� �������������������������������� of profit and loss as incurred. When a replacement occurs, the carrying amount of the replaced part is �������������Ǥ������� an item of property, plant and equipment comprises major components having different useful lives, these components �����������������������������������Ǥ Property, plant and equipment are stated at cost, less accumulated depreciation and impairment. Cost includes all direct costs ������������������������������������������������������������������������������������������� ������������Ǥ �������������������������������������������������������������������������������������������������� �������������������������� �������������������ǡ������������������������������������������������������Ǥ� 7 �������������� ��� AS

  • ����������������� �����ǡ������������������������������������������������������������������������ ��������ǡ�������������������������������� as at 1 April 2016 measured as per the previous GAAP and use that carrying value as the deemed ����������������ǡ����������� equipment.

  • 8 ��������������������ǡ������������������������������������������������������ǡ����������� equipment

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�����������������������������������������������������������������������������������ǡ������ ���������ǡ��������Ǥ��������������������������������������������������������������������������� �������������������������Ǥ

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Assets are tested for impairment whenever events or changes in ��������������� indicate that the ����������������� may not ���������������Ǥ�����������������������

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������������Ǥ� ���������������������������� impairment, assets are grouped at the lowest levels for which there are separately identifiable cash flows which ������������� - �������������������������������������������������������������������ȋ��������������� �����ȌǤ���� - ������������������������������� an impairment are reviewed for possible reversal of the impairment at the end of each reporting period.

10 [ ��������� ���������][s]

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of ���������������Ǥ� �������������������������������������������������������� ����������������������Ǥ������������������������������������������������������������������������������ ����������������������������������������������ȋ��������������������������������������������������������� ���������������������������������Ȍ������������������������������������������������������������������ �����������������������������������������������������Ǥ������������������������������������������������ �������������������������������������������������� liabilities at fair value through profit and loss are immediately recognised in the statement of profit and loss.

11 ������������������������

The effective interest method is a method of calculating the amortised cost of a financial instrument and of allocating ����������������� or expense over the relevant period. The effective interest rate is the rate that exactly discounts future cash receipts ������������� through the expected life of the financial instrument, or where appropriate, a shorter period.

12 ȋ�Ȍ� ��������������� ������������������������� ����������������������������������������������ǡ�������������������������������������������������� ����������������������������������������������������������������������ǡ������������������� �������������������������������������������������������������������������������������������������� ����������������Ǥ�������������������������������������������������������������������Ǥ�

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Financial assets are subsequently measured at amortized cost if these financial assets are held within a business model ������������������������������������������������������������������������� ���������������������������������������������������������������������� on specified dates to cash flows that are solely payments of principal and interest on the principal amount outstanding. ������������������������������������������������������������������������� ��������������������������������������������������������������������������������������� �������������������������������������������� model whose objective is to hold these assets in order to collect contractual cash flows or to sell these financial ������������ the contractual terms of the financial asset give rise on specified dates to cash ����������� are solely payments of principal ������������������������������������������������Ǥ� ������������������������������������������������������������� ������������������������������������������������������������������������������������������� �������������������������������� ����������������������Ǥ� ����������������������������� ��������������������������������������������������������������������������������������������������� ���������������������������� ��������������������������Ǥ�

���������������������������������������������������������������������������������������������� ����������������������������������Ǥ�

�����������������������������������������������������������������������������������������������ǡ������ ���������������������������������������������������������������������Ǥ������������������������� ������������������������������������������������������������������������������������������������������ �������������������������������������������������Ǥ� De- �������������������������������

���������������������������������������������������������������������������������������������� ���������������������ǡ������� ��������������������������������������������������������������������������������������������������� ��������������Ǥ If the Company neither transfers nor retains substantially all the risks and rewards of ownership and continues to control ����������������������ǡ������������������������������������������������� ������������������������������������������������������������������ pay. ȋ�Ȍ� ������������������������������������������� ������ instruments

Create PDF files with PDF Writer for Windows 8. This is an evaluation copy. Buy full version now.

��������������������������������������������������������������������������������������������� ����������������������������������� �����������Ǥ� �������������������������������������������������������ǡ��������������������������Ǥ� ��������� liabilities ������������������������������������������������������������������������������������������ǡ�������� �����������������ǡ������������������������������������������������ǡ������������������������������ ��������������������������������������������� significant.

�������������������������������������� ���������������������������������������������������ǡ��������������ǡ������������̵�������������� ��������������ǡ��������������������������Ǥ

13 Provisions

Provisions are recognised in the balance sheet when the Company has a present obligation (legal or constructive) as a result ����������������ǡ�������������������������������������������������������� �����������������������������������������������������������Ǥ� ������������������������������ ������������������������������������������������������������������������������ the ������������������Ǥ�����������������ǡ����������������������������������������������Ǥ� ��������������������������������������������������������������������̵���������������ǣ� ȋ�Ȍ� ������������������������������������������ǡ������������������������������������������������������� ���������ǡ���������������� ���������������������������������������������������������������������������� ȋ�Ȍ� �����������ǡ��������������������������������������������������������������������������������������� �������������������������������������Ǥ�

14 �����������

==> picture [371 x 8] intentionally omitted <==

������������������������������������������������������������������������������������������������������������� ���������������������������������������������������������������������������������������Ǥ�

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Deferred income tax is determined using tax rates (and laws) that have been enacted or substantially enacted by the end of ���������������������������������������������������������������������������������������������� ������������������������������������������������� settled. ���������������������������������������������������������������������������������������������������������������� �������������� ������������������������������������������������������������������������������������������Ǥ�

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��������������������������������������������������������ǡ���������������������������������������������������������� ����������������������� income or directly in equity. In this case, the tax is also recognised in other comprehensive income or �������������������ǡ� respectively. 15 Revenue ������������������������������������������������������������������������������������������������������������ ����������������������������������������ǡ���������������������������������������������Ǥ������������ ���������������������������������������������������������������������������������������ǡ��������������������� c ����������������������������������������������������������������������������������������������Ǥ�

�������������

Revenue from the sale of goods is recognized when the significant risks and rewards of ownership have been transferred to ���������Ǥ��������������������������������������������������������������������������������������� ��������������ǡ������������ costs

�������������������������������Ǥ�

16 ��������������

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17 �����������������

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���������������������������������������������������������������������Ǥ�

Create PDF files with PDF Writer for Windows 8. This is an evaluation copy. Buy full version now.

��������������������������������������������������������ǡ������������������������������������������������������� ��������������������������������������������������������������������������������������������������������� ����������������������������

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18 ����������������������

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  • ��������������������������������������������������������Ǥ�

19 �������������������

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������������������������������������������������������������ capital.

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==> picture [511 x 10] intentionally omitted <==

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�������������������������������������������������������������������������� Capital.

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Particulars ͵ͳ�����ʹͲʹͲ ͵ͳ�����ʹͲͳͻ
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Create PDF files with PDF Writer for Windows 8. This is an evaluation copy. Buy full version now.

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Create PDF files with PDF Writer for Windows 8. This is an evaluation copy. Buy full version now.

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�����������������������

��������� ���������������������������������������͵ͳ���������ʹͲʹͲ�

�����ʹͶǤ� �������������������������ȋ���������Ȍ�

(B) Liquidity risk

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(i) ������������������������ liabilities

  • ������������������������������������̵��������������������������������������������������������������������������������������������������ǣ�

  • �������������� liabilities

The amounts disclosed in the table are the contractual undiscounted cash flows. Balances due within 12 months equal their carrying balances as the impact of ������������ ������� significant.

������������������������������������������� ��������ͳ���� ͳ-͵����� Total
͵ͳ�����ʹͲʹͲ
Borrowings 134,469.30 - 134,469.30
������������ 2,964,401.00 2,964,401.00
������������������������� 134,469.30 2,964,401.00 3,098,870.30
������������������������������������������� ��������ͳ���� ͳ-͵����� Total
͵ͳ�����ʹͲͳͻ
Borrowings 188,304.20 134,469.30 322,773.50
������������ - 2,526,704.00 2,526,704.00
������������������������� 188,304.20 2,661,173.30 2,849,477.50

(C) Market risk

(i) ���������������� risk

Foreign Currency risk is the risk that the fair value or future cash flows of a financial instrument will fluctuate because of changes in foreign exchange rates. The �������̵�� transactions are denominated only in INR and hence the Company is not exposed to any foreign currency risk.

(ii) ������������� risk

�����������������������������������������������������������������������������������������������������������������������������������������������������������Ǥ��������������������

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(iii) Price risk The risk that the fair value or future cash flows of a financial instrument will fluctuate because of changes in market prices (other than those arising from interest rate ������ ����������������Ȍǡ��������������������������������������������������������������������������������������������������������������������������������������������������������� instruments traded in the market. The company is not exposed to equity securities price risk because it does not hold any equity instrument in another entity.

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Create PDF files with PDF Writer for Windows 8. This is an evaluation copy. Buy full version now.

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Create PDF files with PDF Writer for Windows 8. This is an evaluation copy. Buy full version now.

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Create PDF files with PDF Writer for Windows 8. This is an evaluation copy. Buy full version now.

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Create PDF files with PDF Writer for Windows 8. This is an evaluation copy. Buy full version now.

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Create PDF files with PDF Writer for Windows 8. This is an evaluation copy. Buy full version now.

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Create PDF files with PDF Writer for Windows 8. This is an evaluation copy. Buy full version now.

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Create PDF files with PDF Writer for Windows 8. This is an evaluation copy. Buy full version now.

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Create PDF files with PDF Writer for Windows 8. This is an evaluation copy. Buy full version now.

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Create PDF files with PDF Writer for Windows 8. This is an evaluation copy. Buy full version now.

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Create PDF files with PDF Writer for Windows 8. This is an evaluation copy. Buy full version now.

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