Skip to main content

AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

GACM Technologies Limited Interim / Quarterly Report 2020

Nov 13, 2020

60715_rns_2020-11-13_615700d4-6106-4491-921f-24fd515c76fd.pdf

Interim / Quarterly Report

Open in viewer

Opens in your device viewer

To, To, The Secretary, 'The Manager, Listing Department Listing Department,

BSE Limited National Stock Exchange of India Limited PJ Towers, Dalal Street, Fort, Exchange Plaza. 5th Floor, Plot No. C/1, G Block Mumbai - 400 001 Bandra-Kurla Complex, Bandra (E), Mumbai-400051, Maharashtra. Scrip Code: 531723 / 570005 Symbol: STAMPEDE/SCAPDVR

Subject: Disclosure under Regulation 30 of the SEBI (Listing Obligation and Disclosure Requirements), Regulations, 2015 ("LODR Regulations").

Pursuant to Regulation 30 of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015 it is hereby informed that the meeting of Board of Directors of the Company held on Friday, 13 November, 2020, at Office No. 402 to 404, 44 Floor, Saptagiri Towers, Begumpet, above Pantaloons, Hyderabad-500016, Telangana, India considered and approved following transactions:

    1. Unaudited Financial Results along with Limited Review Report of the Company for the quarter and half Year ended 30th September, 2020 annexed hereto and marked as Annexure— I.
  • Appointment of Mr. Naveen Parashar (DIN: 08399097) as an Additional Non Executive Director subject to approval of members of the Company in ensuing Annual General Meeting, It is hereby affirmed that the Mr. Naveen Parashar, being appointed is not debarred from holding the office of director by virtue of any SEBI order or any other such authority. (Brief Profile is attached herewith as Annexure - II).
  • Appointment of Mrs. Shaik Haseena (DIN: 08141400) as an Additional Non Executive Director subject to approval of members of the Company in ensuing Annual Genera I Meeting. It is hereby affirmed that the Mrs. Shaik Haseena, being appointed is not debarred from holding the office of director by virtue of any SEBI order or any other such authority. (Brief Profile is attached herewith as Annexure - Il).
  • Appointment of Mr. Renduchintala Sri Naga Satya Venkata Jagannadha Prasad as Chief Financial Officer of the Company w.e.f, 13.11.2020, (Brief Profile is attached herewith as Annexure - Ill).
  • The Change in Designation of Mr. Srinivas Maya, Non Executive Director of the Company From Non Executive To Executive Director of the Company subject to approval of members in ensuing Annual General Meeting w.e.f 14.11.2020.
  • Reconstitution of Nomination & Remuneration Committee by inducting Mr. Naveen Parashar as its member due to withdrawal of Nomination by Mr. Srinivas Maya.
  • Reconstitution of Audit Committee by inducting Mr. Naveen Parashar as its member due to withdrawal of Nomination by Mr. Srinivas Maya.
  • Reconstitution of Stakeholder Relationship Committee by inducting Mr. Naveen Parashar as its member due to withdrawal of Nomination by Mr. Srinivas Maya.

Stampede Capital Ltd.

Royal Pavilion Apartment, H. No. 6-3-787, Flat No. 1003, Block - A, Ameerpet, Hyderabad Telangana. 500016 India. Tel: +91 40 2340 5683/84, Email: [email protected], www.stampedecap.com CIN: L67120TG1995PLC020170

aM "4AVAAVA pedeWhere Al Meets Investment
a Pelosite Mr. Naveen Parashar Annexure ~ ITAiaBeratetsnaleseaenha
lo. RequirementsPenceALeee" deathieucsiee Appointment of Mr. Naveen AppointmentParasharAdditional Haseenaanas_IndependentofCompany,subjectto ensuing AGM Mrs, Shaik HaseenaofRaoasthe AdditionalIndependentCompany,to subjecttheapproval of the Members at approval of the Members atensuing AGM PrasadMrs. AppointmentofMr.an Renduchintala_JagannadhaOfficerof PrasadChiefFinancialasof the Company.
Dateofappointmentficessationapplicable)term&of appointment (as 13.11.2020 13.11.2020 13.11.2020
beares paveexploringIndiansecuritiesmarketinvestment "7.andstratepies,brings _ operationalHewherever He wes worked he isefficiencyappointedas Associate Vice President at Fashion HaseenaShaikMrs,has pursued her Masters degree BachelorBA(Finance)specialisationNagarjunaUniversity,ee iploma oeseee_ TextileinDesigningSNDT University, Mumbai. Mr. Renduchintala JagannadhaPrasadgraduatedasisCommercefromofas AndhraUniversity.He is53from yearshavinghugeandoldShe experience of 20 years workingeehaeaeand accounts profession:5 He hasfrom workedMultinationalwith CompaniesCompaniesandNASDAQ.He hasof listedon
3. _ Brief Profile Regional ManagerIndiabulls,ShavakhanidandViceinPresidentGlobeCapitalatMarkets Led havingSheyears10experience in textile industryisand entrepreneur. handsomeknowledge_of Income Tax Laws and various
Disclosureofrelationships 'i other Legal Laws, Mr. R J Prasad is not related to
betweencase(inappointmenta ofDirector NaveenParasharMr.is Directors occupyingpositionofaof DirectorDirectorsBoardtheinof Acquirer HaseenaMrs.Raoisoccupyingpositionaof DirectorBoardtheinofDirectors of Acquirer anyPromoters,theofof MembersPromotertheofGroupandDirectorstheofCompany
Shareholding NilPEDE CAPITAL LIMITED Nil LNil

DIN: 08679514

Stampede Capital Ltd.

Royal Pavilion Apartment, H. No. 6-3-787, Flat No. 1003, Block - A, Ameerpet, Hyderabad Telangana. 500016 India. Tel: +91 40 2340 5683/84, Email: [email protected], www.stampedecap.com CIN: L67120TG1995PLC020170

    1. Noting of competition of Takeover process by the Acquiter together with PAC for acquisition of up to 7,84.28,050 (Seven Crote Forty Four Lakh Twenty Light Thousand Six Hundred Fifty only) shares consisting of 5,9542,920 (Five Crore Ninety Five Lakh Forty Two Thousand Nine Hundred and Twenty only) fully paid-up equity shares of face value of INR 1 (Indian Rupee One) each ("Equity Shares") and 148,85,730 (One Crore Forty Eight Lakh Bighty Five Thousand Seven Hundred Thirty only) fully paid up differential voting right shares of face value of INR 1 (Indian Rupee One) each ("DVR Shares") of Stampede Capital Limited.
  • 10._ Shifting of Registered Office of the Company within local limit from "Royal Pavilian Apartment, House. No. 6 -3 787, Block A, Flat No, 1003, Ameerpet 500016, Hyderabad, Telangana" To "402 to 404, 4 Floor, Saptagiri Towers, Begumpet, above Pantaloons, Hyderabad-500016, Telangana, Indi

We further inform you that, the Trading Window for dealing in securities of the Company by designated person is already closed vide letter dated 30° September 2020 to BSE and NSE by the Company and shall remain closed till 48 hours after the declaration of Unaudited Financial Results of the Company for the quarter and half Year ended September 30, 2020 in compliance with SEBI (Prohibition of Insider Trading) Regulations 2015.

The Details required under Regulation 30 the Listing Regulations read with SEBI Circular No. CIR/CED/CMD/4/20 15 dated 9 September, 2015 is given in the enclosed Annexure-II.

The Board Meeting commenced at 07:00 P.M. and conclitded at (G45 P.M

We request you to take the above on your record

alf-6FSEAMPEDE CAPITAL LIMITED CSTE ENG

Srinivas Maya Company Secretary & Compliance Officer Director DIN: 08679514

Date: 13.10.2020 Place: Hyderabad

ee)

STATEMENT OF UNAUDITED STANDALONE FINANCIAL RESULTS FOR THE QUARTER AND HALF YEAR ENDED 30 SEPTEMBER 2020 Figures @ In Lakhs
SI. No. Particulars 30.09.2020] juarter Ended30.06.2020(Unaudited) (Unaudited) " (Unaudited) (Unaudited) (Unaudited) [30.09.2019 Half Year Ended[30.09.2020 30.09.2019 31.03.2020
1 [Revenue from operations(a) Income from operations 63.46 144.14 1084 207.61 136.07 (Audited)
(b) Other income'Total Revenue from operations (a+b) 49368.39 14145,48 15212.38 627213.88 327139,34 176.67587182.54
2 [Expenses(a) Cost of operations 5795 96,52 28.43 154.47 147.50 205.24
(b) Employee benefits expense(0) Finance cost 99.29- 29.82> 24.04: 129.09: 60.08: 108.25(0.01)
(d)_ Depreciation and amortization expense(©) Other expenditure 13.6988.41 14.5128.4 413263.68 28.20116.75 83.03109.47 166.07157.87
3. [Total expenses (atbte+d)Profit/ (Loss) from operations before exceptional items 259.34(190.95) 169.1923.70) 187.67(145.32) 428.51(214.63) 400.08(260.74) 637.42(454.88)
4 Exceptional itemProvision for impairment of investments§ Profit : - - : - 375.00
6 / (Loss) from ordinary activities before tax (7-8)[Tax expense[Net Profit /(Loss) from ordinary activities after tax (9-10) (190,95)- 3.71)- (145.32)- (214.63) (260,74)- (829.88)(2.09)
789 Extraordinary items (net of tax expense * in lakhs)[Net Profit / (Loss) for the period (11-12) (190.95)=(190.98) (23.71):(23.71) (145.32) :(145.32) (214.63) (214.63) (260.74) (827.79)S
10. Other comprehensive income(a) Items that will not be claistied to profit or loss (260.74) (827.79)
(b) Items that will be claisfied to profit or loss -: -5 -: -: :5 -a
Total Other Comprehensive income (10(a) + 10(b))
[Total comprehensive income Paid-up equity share capital (190.95)2,862.64 :(23.71)2,862.64 =(145.32)2,862.64 214.63)2,862.64 (260.74) a(827.79)
(Face value of».1/~ each per share)[Reserve excluding Revaluation Reserves as per balance sheet of é : 2,862.64 2,862.64(2,557.04)}
1112.13144. previous accounting year[Earnings per share (before extraordinary items)
(a) Basic(b), DilutedEarnings per share (after extraordinary items) (0.067)(0.067) (0,008)(0.008) (0.051) (0.051) (0.075)(0.075) (0.091)(0.091) (0.289) (0.289)

Stampede Capital Ltd.

Unaudited Standalone Balance Sheet as at 30 September 2020

Unaudited Standalone Balance Sheet as at 30 September 2020(Figures @ In Lakhs)ParticularsAS at30.09.202031.03.2020 UnauditedAudited[ASSETSINon-current Assets(a) Property, plant and equipment$5.3038.19(b) Intangible assets(i) Goodwitt8816Gi) others153(©) Financial assetsInvestments8) Other investments<-(4) Other non-current assets305.7193.10(e) Tax assets:a.6507(j) Deferred Tax Asset (net)65.07BTSTotal Non-current Assets218.00[Current Assets(a) Financial assets(investments2087-(ii) Receivables99.8519.13(iii) Cash and cash equivalents602.79290.57[Total Current Assets723.51370.30Total Assets1,220.64585.30.EQUITY AND LIABILITIESEquity(a) Equity share capital2,862.542,862.64(b) Other Equity(2,771.69)(2,557.64)Total Equity305.6090.95)LIABILITIES Non-current LiabilitiesLiabilities(a) Financial() Borrowings515.98131.20Total Non-current Liabilities515.95,131.20 Current liabitities(a) Finencial liabilities(i) Other financial liabilities612.69148,50
- (ii) Provisions Los
Total Current Liabi613.74148.50)1,129.69,279.70
[Total Liabilities [Total Equity and Liabilities 1,220.64 585.30

Notes:

  1. Previous year/ period figures have been regrouped and recast, whereever necessary, in line with current period presentation

Place: Hyderabad Srinivas Mays Date : 12.11.2020 Director

Stampede Capital Ltd.

Royal Pavilion Apartment, H. Tel: +91 40 2340 5683/84, Email: [email protected], www.stampedecap.com CIN: L67120TG1995PLC020170

Stampede Capital LimitedStandalone Cash Flow Statement for the six months ended 30 September 2020 AGG Where Al Meets Investment(Figures @ In Lakhs)
Particulars
FortheSixMonths Ended 30 For the Six MonthsEnded 30
[Cash flow fiusedin) Operating Activities: September 2020 September 2019
Operating profit / (loss) before working capital changesAdjustments for working capital changes: (179.33) (3,869.38)
Increase / (Decrease) in receivables (20.87)
Increase / (Decrease) in Current liabilities and provisions (Increase) / Decrease in Short-term loans and advances 465.23(524.82) 11.95733.33
[Cash generated from (used in) Operations (259.99) (3,124.10)
Less: Direct taxes paidNet Cash flow from / (used in) Operating Acti A) e(259.99) :GR470)
'A.B. flow from/(usedin)InvestingActivities:
(Purchase) / Sale of fixed assets (19.23)
(Purchase) / Sale of Intangibles (at cost) (91.69)
(Purchase) / Sale of Investments (at cost)Interest received 3,190.21
INet Cash flow from / (used in) Investing Activities (B) 627(104.65) 3273,193.48
[Cash flosedin)FinancingActivities:
[Short Term Borrowings 384.76 (7737)
NetCash flow from / (used in) Financing Activities (c) 384.76 (77.37)
Net Increase / (Decrease) in Cash and Cash Equivalents[Cash and Cash Equivalents at the beginning of the year (A+B+C) 20,1279.73 (7.99)138.50

Navitha And Associates YX

CHARTERED ACCOUNTANTS, # 16-2-740/75, Plot No.84, V.K.Dhage Nagar, Dilsukh Nagar, Hyderabad — 500 060. T.S. Cell: 09848338091 Email: [email protected]

Limited review report on unaudited quarterly and year to date standalone financial Results of the Company pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

To

The Board of Directors of M/s Stampede Capital Limited

We have reviewed the accompanying statement of unaudited standalone financial results ('Statement') of M/s.Stampede Capital Limited ('the Company') for the quarter ended 30June, 2020 results for the quarter and half year ended 30 September 2020 ("the statement).

This Statement, which is the responsibility of the Company s Management and approved by the Board of Directors, has been prepared in accordance with the recognition and measurement principle laid down in the Indian Accof the Counting Standard 34 'Interim Financial Reporting'' ("Ind AS 34') prescribed under section 133 of Companies Act 2013 (*' the Act'') and other accounting principles generally accepted in India and in compliance with Regulation 33 of the Listing Regulations. Our responsibility is issue a report on the Statement based on review.

We conducted our review in accordance with the Standard on Review Engagement (SRE) 2410 'Review of Interim Financial Information performed by the Independent Auditor of the Entity' issued by the Institute of Chartered Accountants of India. This standard requires that we plan and perform the review to obtain moderate assurance as to whether the Statement is free of material misstatements. A review is limited primarily to inquiries of company personnel and analytical procedures, applied to financial data and thus provides less assurance than an audit. We have not performed any audit and accordingly, we do not express an audit opinion.

Based on our review conducted as above, nothing has come to our attention that causes us to believe that the accompanying Statement prepared in accordance with applicable Indian Accounting Standards and other recognised accounting practices and polices has not disclosed the information required to be disclosed in terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulation 2015, including the manner in which it is to be disclosed, or that it contains any material misstatement.

For Navitha And Associates Chartered Accountants ICAI Firm Regn No.012026S

KATAGOWN eextacovni navi |NAVITHA febs20s0030

CA . Navitha. K Proprietor M.No. 221085 Date: 12-11-2020 UDIN: 20221085AAAABL7891 Place: Hyderabad