Jocil Limited — Annual Report 2021

Jun 10, 2021

Jocil Limited An ISO 9001:2015 CertiJied Company

X Box 216, Arundelpet P.O., Guntur-5?2 002, Andhra Pradesh, India Ph:0863-2290190.Fax 0863-2290090.Email:jocil@ocil.net.Web:wwwjocil.in

Jocil/Adm/3 0D(iv)/20 2t I +11

DATE : 10-06-2021

M/s. National Stock Exchange of India Limited, Exchange Plaza, PlotNo. C/I, G-Block, Bandra-Kurla Complex, Bandra (East), MUMBAI _ 4OO 051.

Dear Sirs,

Sub: outcome of the Board Meeting of the !:To"r, held on ro-06-202t.

The Board of Directors at its meeting held today approved the following.

• l) Audited Financial Results: The Board has taken on record and approved the Audited Financial Results for the Quarter and Year ended 3l-03-2021. Pursuant to Regulation 33of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015, we enclose herewith the Audited Financial Results for the Quarter and year ended 3l-03-2021 approved by the Board along with Audit Report of the Auditors thereon and also declaration with regard to Auditors Report with unmodified opinion.
• 1. Recommendation of Dividend: The Board of Directors recommended for the approval of the shareholders for payment of dividend at Rs. 3l- per equity share of the face value of Rs. 10/- each on 88,81,150 equity shares for the financial year ended 3l-03-2021.
• 1. Book Closure : In connection with the aforesaid payment of dividend the Board has approved to close the Share Transfer Books and Register of Members of the Company from Saturday, llth September 2021 to Saturday, l8th September 2021 (both days inclusive).
• 1. Annual General Meeting is scheduled on Wednesday, the 22"d September, 2021 at 3.30 p.m. at the Registered office of the company at Dokiparru, Guntur.

The Board Meeting commenced at 11.30 a.m. and concluded at 2,lo Pfvl

Thanking you,

Yours faithfully, ForJocil Limited, (J. MURALI M

Km/mum.

A Subsidiary of The Andhra Sugars Limited

I Box 216, Arundelpet P.O., Guntur-522 002, Andhra Pradesh, India Ph:0863-2290190. Fax :0863-2290090. Email : jocil@jocil.net. Web: wwwjocil.in

Jocil/Adm/3 0D(iv)/2021 I 6CO

DATE: 10-06-2021

M/s. National Stock Exchange of India Limited, Exchange Plaza, PlotNo. C/1" G-Block, Bandra-Kurla Complex, Bandra (East), MI]MBAI - 4OO 051.

Dear Sirs,

I

Sub : Declaration with regard to Audit Report with Unmodified Opinion - Reg. Ref : NSE ISIN Code: INE839G0t010

ji:

Pursuant to Regulation 33 (3) (d) of SEBI (LODR) Regulations, 2015 and SEBI Circular No. CIR/CFD/CDM/5612016 dt" 27.5.2016, we hereby confirm that M/s. Chevuturi Associates, Chartered Accountants, Statutory Auditors of the Company have issued Auditors' Reporl, on the Audited Financial Results of the Company for the Financial Year 2020-21 with Unmodified Opinion.

This is for your kindly information and record.

Thanking you,

Yours faithfully, For Joci[Lim1lsl.,

Managing Director.

Krr/mum.

A Subsidiary of The Andhra Sugars Limited

Factory & Regd. Otfice: DOKIPARRU, GUNTUR-522 438,'AP CIN :.128990AP1978PLC002260 . GSTIN : 37AAACJ5606L1ZF

Jocil Limited An ISO 9001:2015 Certified Company

EI Box 216, Arundelpet P.O., Guntur-522 002, Andhra Pradesh, India Ph:0863-2290190 . Fax :0863-2290090 . Email : jocil@iocil.net . Web : wwwjocil.in

Statement of Financial Results for the Quarter & Year ended 31-03-202'l

	({Lakhs)tn
		Quarter Ended			Year ended
sl.		31-O3-2021	31-12-2024	31 -03-2020	31-O3-2021	31 -03-2020
No	Particu lars	I l- ",,.i,+o,lReferNotel&5	Unaudited	UnauditedReferNotel&5	Audited
1	Revenue
	a) Revenue from Operations	15490.29	11430.23	12'109.46	56537.43	44524.98
	b) Other lncome	14.49	46.88	238,64	131.54	564.55
	Total Revenue	15500.78	11477-11	I Z5+6. lV	56668.57	45185.54
2	Expenses
	a) Cost of materials consumedb) Purchases of stocl<-in-tradec) Changes in inventories of finished goods,	11901.34525.74	9227.66(997.21)	rco41.42(980.70)	8A04.45171.31	31332.88(278.52)
	work-in-progress and stock-in -traded) Empioyee benefrts expensee) Finance Costsf) Depreciation and amortisation expense$ Other expensesTotal expenses	840.7425.38141.821958.4115393.43	738.6125.90142.122081.0011218.O8	693.27Jb.J i154.412145.5112089.82	2977.1088.88560.808323.1655125.70	289().32142.43592.055l15 Lfo43420.72
3	Profit before exceptional items	147.35	259.O3	258.28	1542.87	1754.82
4	anci iax (1-2)Exceptional items
5	Profit Before Tax (3-4)	107 _35	259-43	2s8.28	1542.87	1764.82
5	Tax expense
	Current Tax	{69.53}	144J3	36.78	470.00	500.00
	Short,z(Excess) provision of lncome-tax inearlier years	0.04(221.88)	(9.93)	5.5471 .6f	0.04(288.13)	6_64
	Deferred tax charge / (Credii)		1g-83			8.99
7	Profit for the period After Tax (PAT)	398.72		143.19	1354_96	1249.19
	from continuing operations (5-6 )
6	Other Comprehensive Income
	A. ltems thai will not be re-classified ioprofit and loss account (net of tax)a. Changes in fair value of investments	'114.34	172.79	(203.15)	459.O9	(390.77)
	b. Re-measurement of definedempioyee benefit plans	55.79	{17.19)		5.23	(68.74}
9	Total comprehensive income / (expense)for the period (7+8)	569"85	320.43	{196.44)	182s.28	789"68
10	Paid-up equity share capitai(Face Value of{10/- each)	888.1 2	888,12	8BB.1 2	888.12	888.1 2
44lt	Other Equity (excluding revaluation reserve)				18722.87	17164.O2
ll	Earnings per share - Basic and DilutedlBefore and after extraordinary items(of { 1Ori - each) (not annualised)l	4.49	1,86	1.61	15.32	14.47

A Subsidiary of The Andhra Sugars Limited

	fr in Lakhs)
			Audited
		Particulars	31-03-2021	31-03-2020
		ASSETS
		Non-Current Assets
1		Property, Plant and Equipmeni	4781.85	4775.12
	d)b)	Capital Work-in -progress	552.A1	459.88
	c)	Intangible Assets	34.14	61.23
	d)	Financial Assets
I		(i) lnvestments	628.53	169.53
		(ii) Other financral assets	83.28	65.93
	e)	Other non-current Assets	277.84.	141.37
		Total non-current assets	6357.65	5673.06
2		Current Assets
	a)	lnventories	7755.25	7271.29
	b)	Financial Assets
		(i) investments	14aa.54	12.27
		(ii) Trade Receivabies	8532.51	8089.69
		(iii) Cash and cash equivaients	835.33	2421.92
		(iv) Other financial assets	3.94	19.23
	c)	Current tax assets (Net)	52.73	147.83
	d)	Other Current assets	289.09	364.29
		Totai current assets	18869.39	18326.52
		Total Assets	25227_O4	23999"s8
		EQUITY AND LIABILITIES
		Equity
	a)	Equity Share Capital	888 16	888.16
	b)	Other Equity	18722.87	1V64.42
		Totalequity	19511.O3	184s2.18
		Liabilities
1		Non-current liabilities
	a)	Financial Liabilities
		(i) Other financial liabilities	8.91	8.91
	b)	Provisions	102.64	96.47
	c)	Deferred Tax Liabilities (Net)	356.86	644.99
		Total non-current liabilities	468.41	75A.37
1		Current liabilities
	a)	Financial Liabilities
		(i) Short-ierm Borrowings	243.73	831 .1 2
		(ii) Trade payables
		a) Total outstanding dues of Micro and
		Small enterprises
		b) Total outstanding dues of creditors	3469.47	3234.24
		other than Micro and small enterprises
		(iii) Other financial liabilities	251.94	249.44
	b)	Other current liabilities	1136.45	831.44
	c)	Provisions	85.01	54.79
		Total current liabilities	5147.50	5197.A3
		Total Liabilities	5&6.4C	5947.44
		Total Equity and Liabilities	25227.O4	23999.58

Cash Flow Statement for the Year ended

PARTICULARS		2020-21	2019-20
			Rs.in lakhs
Ι.	CASH FLOW FROM OPERATING ACTIVITIES
	Profit before tax	1542.87	1764.82
	Add/Less: Adjustments for:
	Depreciation	560.80	592.05
	Finance Costs	88.88	102.43
	Interest income	(90.12)	(136.75)
	Assets Written off	29.07	0.68
	Profit on sale of assets	(3.07)	(0.03)
	Fair value changes in current Investments	(1.70)	(0.11)
$\pmb{\mathfrak{t}}$	Remeasurement of Defined Benefit Plans	5.23	(68.74)
	Dividends received	(30.88)	(84.59)
	Operating profit before working capital changes	.2101.08	2169.76
	Add/Less: Adjustments for working capital
	Inventories	(483.96)	(1570.03)
	Trade and other receivables	(411.06)	(1225.08)
	Trade payables	584.13	2089.71
	Cash generated from operations	1798.50	1464.36
	Less: Direct taxes paid	374.99	589.78
	Net cash (used in)/from Operating activities(A)	1415.20	874.58
$\mathbf{II}$ .	CASH FLOW FROM INVESTING ACTIVITIES
	Purchase of fixed assets/Capital work in progress	(756.73)	(524.97)
	Proceeds from sale of fixed assets	4.94	0.12
	Proceeds from sale/(Investments) in Mutual Funds( Net of Redemption)	(1388.28)	295.63
	Interest received	90.12	136.75
	Dividend received	30.88	84.59
	Other Bank balances	(9.30)	(71.89)
	(B)Net cash from /(used in) Investing activities	(2028.37)	(79.77)
Ш.	CASH FLOW FROM FINANCING ACTIVITIES
	Proceeds from /( Repayment ) of borrowings	(627.39)	(2.10)
	Finance Costs	(88.88)	(102.43)
	Dividends & Dividend Distribution Tax paid	(266.43)	(107.06)
	Net cash used in financing activities(C)	(982.71)	(211.59)
	Net (Decrease)/ Increase in cash and cash equivalents $(A+B+C)$	(1595.88)	583.22
	Cash and cash equivalents at the beginning of the period	2188.48	1605.26
	Cash and cash equivalents at the end of the period(Refer note.no.10A)	592.60	2188.48
	Net (Decrease) / Increase in cash and cash equivalents	(1595.88)	583.22

Segment wise revenue, results and capital employed for the Quarter Ended 31-03-2021

(Rs. in lakhs)

	Quarter ended			Year ended
Particulars	31-03-2021	31-12-2020	31-03-2020	31-03-2021	31-03-2020
	UnauditedRefer	Unaudited	UnauditedRefer	Audited
	Note 1 & 5		Note 1 & 5
Segment Revenue
Chemicals	12763.60	10054.49	10884.23	46648.07	36482.57
Soap	7190.64	3534.12	5111.60	25866.72	18934.46
Power Generation	843.12	818.15	842.04	3209.88	3426.20
Total	20797.36	14406.76	16837.87	75724.67	58843.23
Inter Segment Revenue	(5307.07)	(2976.53)	(4728.41)	(19187.64)	(14218.25)
Gross Sales / Income from	15490.29	11430.23	12109.46	56537.03	44624.98
Segment Results
Chemicals	(193.08)	665.68	158.60	993.34	959.77
Soap	509.37	(263.60)	144.17	1033.75	1216.11
Power Generation	26.49	124.71	(115.21)	493.89	178.56
Total	342.78	526.79	187.56	2520.98	2354.44
Interest income	10.48	39.38	46.73	90.12	136.76
Other unallocable expenditure	(220.53)	(281.24)	60.30	(979.35)	(623.95)
Interest expense	(25.38)	(25.90)	(36.31)	(88.88)	(102.43)
Total Profit before Tax	107.35	259.03	258.28	1542.87	1764.82
Segment Assets
Chemicals	11578.07	11536.06	14394.88	11578.07	14394.88
Soap	5926.68	4715.49	2717.44	5926.68	2717.44
Power Generation	3649.70	3857.02	3410.64	3649.70	3410.64
Others	4072.59	4292.01	3476.63	4072.59	3476.63
Total	25227.04	24400.58	23999.59	25227.04	23999.59
Segment Liabilities
Chemicals	3915.84	2325.32	1162.34	3915.84	1162.34
Soap	507.91	1304.29	524.13	507.91	524.13
Power Generation	158.02	528.92	389.62	158.02	389.62
Others	1034.23	1200.87	3871.32	1034.23	3871.32
Total	5616.01	5359.40	5947.41	5616.01	5947.41
Capital Employed(Segment Assets - Segment Liabilities)
Chemicals	7662.23	9210.74	13232.54	7662.23	13232.54
Soap	5418.77	3411.20	2193.31	5418.77	2193.31
Power Generation	3491.68	3328.10	3021.02	3491.68	3021.02
Others	3038.36	3091.14	(394.69)	3038.36	(394.69)
Total	19611.03	19041.18	18052.18	19611.03	18052.18

$\overline{4}$

Notes:

• 1. The above finanoal resuits were reviewed and approved by the Board of Directors at its Meeting heid on 10 )une,2A21. These results are as per regulation 33 of the SEB| (l-isting obligatrons and Disclosure Requirements) Regulations,2Al5 as modified by the Circular No. CIR/CFD/FACi6U2A16 dated July 5, 2016. The Statutory auditors have carried out an audrt of these results for the year ended March 31, 2A21 and a limit review for the quarter ended March 31, 2A2i. They have issued unmodified report on such results.
• i" ffl. Board of Directors at its meeting held on 10th June,2021 has recommended a dividend of Rs. 3.00 (30%) per equity share of face value of Rs.10/- which is subject to approvai of sharehoiders. The toial dividend for the Year arnounts to Rs. 2,66,43,4501-.
• 1. The cornpany has considered the possible effects that may result from the pandemic relating to COVID-19 on the carrying amounts of property, plant and equipment, Trade receivables, inventories and other assets. in assessing the recoverability of the assets, the company has considered the internal and external sources of information available ai the time of approval of the financial statements and is of view that the carrying arnount of the assets will be realized. The impact of assessment of COVID-19 is a continuing process given the uncertainities associated with it nature and duration, and accordingly, the eventuai outcome may be different from those estimated as on the date of approval of these financial results and would be recognized prospectively
• 1. The Company has elected to exercise the option permitted under section 115BAA of lncome-tax,Act. 1961 as introduced by the Taxation Laws (Amendment) Ordinance, 2O19. Accordingly, the Conrpany has recognized provision for income tax for the Quarter and year ended March 31 ,2A21 and remeasured its deferred tax liabilities (net) based on the rate prescribed in the said ordinance. The full impact of this change has been recognized in the Statement of Profit and Loss for the quarter and year ended March 31, 2A21.
• 5" The figures for the last quarter in each of the years is the balancing figures between the audited figures of ihe full financial year and the published year to date frgures up to third quarter of the respective financial year.
• 1. Previous period's figures have been regrouped wherever necessary to conform to current period classification.

For and on behalf \ Directors

g Director

Place : Dokiparru Date:10-05-2021 I

CHEVUTURI ASSOCIATES Chartered Accountants

INDEPENDENT AUDITORS' REPORT ON AUDIT OF ANNUAL FINANCIAL RESULTS AND REVIEW OF QUARTE RLY FINANCIAL RESU LTS

TOTHE BOARD OF DIRECTORSOF JOCIL LIMITED

Opinion and Conclusion

We have (a) audited the Financial Results for the year ended March 31, 202! and (b) reviewed the Financial Results forthe quarter ended March 3L,2021(refer'Other matters'section below), which were subject to limited review by us, both included in the accompanying "statement of Financial Results for the Quarter and Year ended March 31, 2027" of JOCIL LIMITED ("the Company"), ("the Statement"), being submitted by the Company pursuant to the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended ("the Listing Regulations").

(a) Opinion on Annual Financial Results

ln our opinion and to the best of our information and according to the explanations given to us, the Financial Results for the year ended March 31, 2021 :

• i. is presented in accordance with the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended ; and
• ii. gives a true and fair view in conformity with the recognition and measurement principles laid down in the lndian Accounting Standards and other accounting principles generally accepted in lndia of the net profit and total comprehensive income and other financial information of the Company for the year then ended.

(b) Conclusion on Unaudited Financial Results for the quarter ended March 37,202L

With respect to the Financial Results for the quarter ended March 31,, 2021, based on our review conducted as stated in paragraph (b) of Auditor's Responsibilities section below, nothing has come to our attention that causes us to believe that the Financial Results for the quarter ended March 3t,2021", prepared in accordance with the recognition and measurement principles laid down in the lndian Accounting Standards and other accounting principles generally accepted in lndia, has not disclosed the information required to be disclosed in terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations,2Ol5, as amended, including the manner in which it is to be disclosed, or that it contains any material misstatement.

Basis for Opinion on the Audited Financial Results for the year ended March 3L,2021"

We conducted our audit in accordance with the Standards on Auditing ("SAs") specified under Section 143(10) o/ the Companies Act, 2013 ("the Act"). Our responsibilities under those Standards are further described in paragraph (a) of Auditor's Responsibilities section below. We are independent of the Company in accordance with the Code of Ethics issued by the lnstitute of Chartered Accountants of lndia ("the lCAl") together with the ethical requirements that are relevant to our audit of the Financial Results for the year ended March 31,202L under the provisions of the Act and the Rules thereunder, and we have fulfilled our other ethical responsibilities in accordance with these requirements and the lCAl's Code of Ethics. We believe that the audit evidence obtained by us is sufficient and appropriate to provide a basis for our audit opinion.

No.33-25-33/8, Govindarajulunaidu Street, Suryaraopet, Vijayawada - 570 002, Andhra Pradesh, India Phones: (91-866) 2444593,2444594 - Faxi 7444592

CHEVUTURI ASSOCIATES Chartered Accountants

Management's Responsibilities for the Statement

This Statement which includes the Financial Results is the responsibility of the Company's Board of Directors and has been approved by them for the issuance. The Financial Results for the year ended March 31, 202L has been compiled from the related audited financial statements. This responsibility includes the preparation and presentation ofthe Financial Results for the quarter and year ended March 31,ZOZ| that give a true and fair view of the net profit and other comprehensive income and other financial information in accordance with the recognition and measurement principles laid down in the Indian Accounting Standards prescribed under Section 133 of the Act read with relevant rules issued thereunder and other accounting principles generally accepted in lndia and in compliance with Regulation 33 of the Listing Regulations. This responsibiiity 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 the 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 Financial Results that give a true and fair view and is free from material misstatement, whether due to fraud or error.

ln preparing the Financial Results, the Board of Directors are responsible for assessing the Company'sability, to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the Board of Directors either intends to liquidate the Company or to cease operations, or has no realistic alternative but to do so.

The Board of Directors are also responsible for overseeing the financial reporting process of the Company.

Auditor's Responsibilities

(a) Auditof the Financial Resultsfortheyear ended March 31, 2021

Our objectives are to obtain reasonable assurance about whether the Financial Results for the year ended fUarchil, 2O2Lasa whole isfreefrom material misstatement, whether due tofraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance, but is not aguarantee that an audit conducted in accordance with SAs will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasona bly be expected to infl uence the economic decisions of users ta ke n on the basis of this Financial Results.

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

• . ldentify and assess the risks of material misstatement of the Annual Financial Results, whether due to fraudorerror,designandperformauditproceduresresponsivetothoserisks,and obtainauditevidence 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 control.
• r Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the Company's internal control'
• . Evatuate the appropriateness of accounting policies used and the reasonableness of accounting estimates made by the Board of Directors.
• . Evaluate the appropriateness and reasonableness of disclosures made by the Board of Directors in terms of the requirements specified under Regulation 33 of the Listing Regulations.
• . Conclude on the appropriateness of the Board of Directors' use of the going concern basis of accounting and, based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that may cast significant doubt on the ability of the Company to continue as a going concern. lf we conclude that a material uncertainty exists, we are required to draw attention in our auditor's report to the related disclosures in the Statement or, if such disclosures are inadequate, to modify our opinion. Our conclusions are based on the audit evidence obtained up to the date of our auditor's report. However, future events or conditions may cause the Company to cease to continue as a going concern.

No.33-25-33/8, Govindarajulunaidu street, suryaraopet, vijayawada - 520 002, Andhra Pradesh, India Phones: (91-866) 2444593,2444594 - Faxi 2444592

• . Evaluate the overall presentation, structure and content of the Annual Standalone Financial Results, including the disclosures, and whether the Annual Standalone Financial Results represent the underlying transactions and events in a manner that achieves fair presentation.
• . Obtain sufficient appropriate audit evidence regarding the Annual Financial Results of the Company to express an opinion on the Annual Financial Results.

Materiality is the magnitude of misstatements in the Annual Financial Result that, individually or in aggregate, makes it probable that the economic decisions of a reasonably knowledgeable user of the Annual Financial Results 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 Annual Financial Results.

We commun icate with those cha rged with governa nce rega rding, among othe r matte rs, the pla n ned 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.

(b) Review ofthe Financial Results for the quarter ended March 3L, 2O2t

We cond ucted ou r review of the Financia I Resu lts for the q uarte r ended M a rch 31,2021. in accordan ce with the Standard on Review Engagements ("SRE") 2410'Review of lnterim Financial lnformation Performed by the lndependent Auditor of the Entity', issued by the lCAl. A review of interim financial information consists of making inquiries, primarily of the Company's personnel responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with SAs specified under section 143(10) of the Act and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion.

Other Matters

• . As stated in Note 5 cf the Statement, the figures for the corresponding quarter ended ll/hrch 31",2020 are the ba lancing figu res between the an n ual a udited figu res forthe yea rth en ended and the yea r to date figures forthe 9 months ended December 31, 2019.
• . The Statement includes the results forthe Quarter ended March 31-, 2021 being the balancing figures between audited figures in respect of the full financial year and the published year to date figures up to the third quarter of the current financial year which were subject to limited review by us.

Our report on the Statement is not modified in respect of these matters.

For Ghevuturi Associates Chartered Accountants Firm Registration No.0006325 n

B 4.%1r"t'r^//*@

Partner (Membership No: 028105)

Camp :Guntur Date : 10.6.2021 uDrN: {16>B ln 5- A"A"A+ A6v) 37