Phone: 011-40110240
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Corporate Governance

Company’s Philosophy
.The company philosophy on corporate Governance is based on the principles of transparency, accountability , commitment to values and maximization of shareholders wealth in accordance with the SEBI (LODR) regulations, 2015 the details of Governance system and processes including compliance by the company are as under.
Board of Directors
The Board comprised four  directors, headed by Chairman, an independent non- executive director. The Board formulates policy so as to lead and direct the Company. The directors bring with them rich and varied experience in different fields of corporate functioning.
Composition and Category of Directors
Category No. of Directors
Executive Directors 1
Non-Executive Promoter Directors 1
Independent Non-Executive Directors
Audit Committee
Composition, name of members and Chairman
Mr. Pradeep Kumar jain  Chairman Independent Director
Ms. Shruti aggarwal
Member Non-Executive Promoter Director
Mr. Anand Bharti
Member Whole Time Director
Nomination and Remuneration Committee
» the composition  of the committee is follow

Mr. Pradeep Kumar Jain Chairman Independent Director
Ms. Shruti Agrawal
Member Independent Director
Mr. Anand Bharti
Member Whole Time Director

Stakeholders Relationship committee
The composition of the Committee is as follows
Mr. Prdeep Kumar Jain
Chairman Independent Director
Ms. Shruti Agrawal
Member Non-Executive Promoter Director
Mr. Anand Parkash Member Whole-Time Director
Investors' cell
Investors Cell
Mr. Archit Agarwal – Finance Manager
Ph : +91-9985121834
E-Mail :

Registrar & Share transfer Agents :
M/s XL Softech Systems Limited, # 3,
Sagar Society, Road No.2, Banjara Hills,
Hyderabad – 500 034.
Phone No’s
+91-40 23545913 / 14 / 15
E-Mail :
Investors’  Information
investors’ calendar

Disclosure of Financial information :

Sl.No General Information   Shareholders
i) Financial Year : 1st april To 31th March
ii) Financial Reporting - First Quarter (April - June)
: Till 15th August
iii) Financial Reporting - Second Quarter (July  -  September ) : Till 15th November
iv) Financial Reporting - third quarter (October  -  December )
: Till 15th February
v) Financial Reporting for the Fourth quarter  / year  ending - March  -                                                                                             
: Till 31st May
vi) Annual General Meeting : September
Means of Communication
The Company's quarterly un-audited results and audited annual results are intimated in prescribed form and within prescribed time to stock exchanges and to the public. Generally the results are published in The Financial Express (National newspaper) and Praja shakti (regional newspaper).
Share holding pattern : As on 30.09.2017
Category No. of Shares % holding
a)  Promoters and Promoter's Group      
      Foreign Bodies Corporate
7500000 60.50
b) Public shareholding    
    (i) Mutual Funds/UTI


    (ii) Bodies Corporate 464301


    (iii) NRI/OCBs



    (iv) Clearing Members



    (v) Individuals 1288846
TOTAL 12397113 100.00
Listing & Share Price Information  :
Listing information
» Listing on Stock Exchanges : The Bombay Stock Exchange Limited, Mumbai
» Stock Code : 513309
» ISIN code : INE 327C01023
Stock Price information (April 2016 – March 2017)
Month High Low Month High Low
Apr 2016
4.65 4.06 Oct,2016
May, 2016
4.45 3.60
4.50 3.78
Jul, 2016
4.24 3.44
4.23 3.35
Share transfer & Dematerialization Procedure:
Share Transfer System
The Registrar and Share Transfer Agents, M/s XL Softech Systems Limited handle share transfers under the overall supervision of the Shareholders' Grievance Committee.
Dematerialization of Shares
Depository Services

Shares are available for demat with both the depositories in India - National Securities Depository Ltd (NSDL) and Central Depository Services ( India ) Ltd (CDSL).

Considering the advantages of scrip less trading, shareholders holding shares in physical form should consider dematerialization of their holding. Shareholder(s) who want to hold shares in demat form should open a demat account with a depository participant (DP) registered with either NSDL or CDSL, and then surrender their share certificate(s) for dematerialization to the company through the DP.
Steps involved in the dematerialization of shares
Shareholder fills out a a dematerialization request form (DRF) and surrenders the defaced share certificate(s) to the DP.
The DP intimates the company of this request through the system.
The DP submits the share certificate(s) and the DRF to the company.
The company updates the register of members and then validates the request.
The depository credits the DP's account.
The DP updates the investor's demat account and informs investor.
Should members require any further clarification about this facility, they can write to the Company's RTA. At present, no stamp duty has to be paid on transfer of shares in demat form.
Number of shareholder complaints received, number solved to the satisfaction of the shareholder and number of pending complaints.
Investor grievances received and attended during the year ended 31st March, 2017 and as on that date.
The Statics
Statics of complaints/requests Nos
Pending as on 01-04-2016 Nil
Received during the year Nil
Resolved/disposed off during the year Nil
Pending as on 31-03-2017 Nil
Nomination Facility
Shareholders holding shares in physical form and desirous of making a nomination in respect of their shareholding in the Company, as permitted under Section 72 of the Companies Act, 2013, are requested to submit to the Company’s Share Transfer Agents M/s XL Softech Systems Limited, 3, Sagar Society, Road No.2, Banjara Hills, Hyderabad – 500 034. Nomination facility in respect of shares held in Electronic form is also available with the Depository Participant (DP) as per the Byelaws and Business rules applicable to NSDL and CDSL.

Section 72 of the Companies Act, 2013, extends a nomination facility to individuals holding shares in physical form in companies. Shareholders, in particular those holding shares in a single name should, in their own interest, avail of this facility by giving the particulars of their nomination in the prescribed nomination form.

In case shares are held in a single name and the shareholder has expired, the following documents are required to be submitted by nominee(s):

* Original or certified copy of death certificate of the deceased holder.
* A letter of request from the nominee(s) duly filled in and signed.
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