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DRA Consultants Ltd.

BSE: 540144 Sector: Others
NSE: N.A. ISIN Code: INE746V01016
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P/E 17.46
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OPEN 35.10
CLOSE 37.20
VOLUME 10000
52-Week high 56.10
52-Week low 25.50
P/E 17.46
Mkt Cap.(Rs cr) 40
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00

DRA Consultants Ltd. (DRACONSULTANTS) - Director Report

Company director report

To

The Members

Your Directors are pleased to present the 08th Annual Report on the business andoperations of the Company and the financial results for the year ended 31st March 2017.

1. FINANCIAL PERFORMANCE

PARTICULARS 2016-17 2015-16
Revenue from operations 170650211.76 163715621.00
Other Income 4522938.94 2030975.00
Total Expenditure 135217507.45 126004170.00
Finance Charges 1438787.68 3350478.00
Depreciation 3044523.96 3319960.00
Profit before taxation 35472331.61 33071988.00
Tax Expenses 12563403.00 11463464.00
Net Profit 22908928.61 21608524.00

Your Company has seen an overall growth in business. During the F.Y. 2016-17 theCompany has achieved a turnover of Rs. 17.06 Crs as against the turnover of Rs. 16.37 Crsin the previous year. Net profit for the F.Y. 2016-17 stood at Rs. 2.29 Crs as against Rs.2.16 Crs. in F.Y. 2015-16.

KEY PROJECTS:

• Implementation of 24X7 Water Supply Project for un-interrupted Water Supply andReduction of Non-Revenue Water / Unaccounted-for Water with Improvement in Level ofServices to the Consumers for Nagpur City through PPP

• Project Management & Construction Supervision for Augmentation to NagpurCity Water Supply Pench-IV Scheme for Nagpur Municipal Corporation A Project Sanctionedunder Jawaharlal Nehru National Urban Renewal Mission.

• Improvement and Revamping the existing Water Supply System including WaterAudit Consumers Survey GIS Mapping Measures to Reduce Non Revenue Water /Unaccounted-for Water Achievement of Service Level Benchmark and Upgrading the System forContinuous (24X7) Water Supply to the command area of Ahmedabad Municipal Corporation

• Preparation of Detailed Project Report (Pre-Feasibility Report and TransactionalAdvisory Services) for Funding and O&M of Green Buses for Nagpur City through PPP forUrban Transport System of Nagpur Municipal Corporation Traffic Department.

• Project Management Design and Supervision Consulting Services (PMDSC) forRajasthan Urban Infrastructure Development Project (RUIDP)

• Consulting Services for Assessment of Non-Revenue Water and Developing Strategyand Implementation Action Plan for Reduction Plan for Reduction of Non-Revenue Water inUjjain for Ujjain Smart City Limited.

• Assessment of Non-Revenue Water and Developing Strategy and ImplementationAction Plan for Reduction Plan of Non-Revenue Water in the City Chandigarh for ChandigarhSmart City Limited

• Transaction Advisory Services for Appointment of Private Operator on PerformanceBased Management Contract basis for Water & Energy Audit for Bulk Water PumpingStation Installation of Smart Water Meter Water Kiosk Instrumentation & SCADAContinuous (24X7) Water Supply in Uthalsar Ward (Pilot Zone) for Water Supply System ofThane Municipal Corporation.

• Implementation services for Selection of Consulting Firm for AMRUT MissionManagement Unit (AMMU) for Atal Mission for Rejuvenation and Urban Transformation (AMRUT)in Chhattisgarh for (AMRUT) State Urban Development Agency Naya Raipur.

2. EVENTS SUBSEQUENT TO THE DATE OF FINANCIAL STATEMENTS

There are no significant material changes and commitments affecting financial positionof the company between 31st March 2017 and the date of Board's Report.

3. CHANGE IN THE NATURE OF BUSINESS IF ANY

The company has not changed the nature of business during the financial year underreview.

4. DIVIDEND

With a view to conserve the resources of the Company Your Directors do not propose torecommend any dividend. These retained earnings can be utilized in future for financingexpansion programmes and for meeting the fixed or working capital needs of the Company.

5. TRANSFER TO RESERVES

Your Company proposes to transfer Rs. 22908928.61/-to the General Reserve.

6. MEETINGS:

A. BOARD MEETINGS

During the year Thirteen Board Meetings were held the details are as mentioned below:

DATE OF MEETING TOTAL NO OF DIRECTORS AS ON MEETING ATTENDANCE
1. 30.05.2016 2 2
2. 10.06.2016 2 2
3. 30.06.2016 3 3
4. 04.07.2016 3 3
5. 09.07.2016 3 3
6. 15.07.2016 3 3
7. 24.08.2016 3 3
8. 25.08.2016 5 5
9. 24.09.2016 3 3
10. 07.10.2016 3 3
11. 13.11.2016 5 5
12. 15.01.2017 5 5
13. 11.03.2017 5 5

B. COMMITTEE MEETINGS:

During the year Two Audit Committee Meetings were held the details are given as under:

Sr. No. Date of meeting Total no of directors as on meeting Attendance
1 13.11.2016 3 3
2 15.01.2017 3 3

7. COMPOSITION OF COMMITTEES

During the year your directors have constituted following committees of the Board inaccordance with the requirements of the Companies Act 2013. The composition terms ofreference and other details of all Board level committees have been elaborated below:

A. AUDIT COMMITTEE

BRIEF DESCRIPTION AND TERMS OF REFERENCE

The role and terms of reference of the Audit Committee have been updated to be in linewith Section 177 of the Companies Act 2013 besides other terms as may be referred by theBoard of Directors. The said Committee reviews reports of the Statutory Auditors andInternal Auditors periodically to discuss their findings and suggestions internal controlsystem scope of audit observations of the auditors and other related matters and reviewsmajor Accounting policies followed by the Company.

COMPOSITION AND MEETING:

Composition ofAudit Committeeas on31stMarch 2017:

Name of the Director Status in Committee Nature of Directorship Number of Meetings held during the Financial Year 2016-17
Held Attended
Mr. Jeetendra Nayak Chairman Independent Director 2 2
Mr. Dinesh Rathi Member Chairman and Managing Director 2 2
Mr. Pravin Chipde Member Independent Director 2 2

B. NOMINATION AND REMUNERATION COMMITTEE

BRIEF DESCRIPTION AND TERMS OF REFERENCE

The objective of Nomination and Remuneration Committee is to assess the remunerationpayable to the Managing Director/Whole Time Directors; sitting fee payable to theNon-Executive Directors; remuneration policy covering policies on remuneration payable tothe senior executives

COMPOSITION:

Composition of Nomination and Remuneration Committee as on 31st March 2017

Name of the Director Status in Committee Nature of Directorship
Mr. Jeetendra Nayak Chairman Independent Director
Mr. Pravin Chipde Member Independent Director
Ms. Siddhi Rathi Member Non- Executive Director

No Meeting of Nomination and Remuneration Committee was held during the year.

C. NOMINATION AND REMUNERATION POLICY

The Board of Directors has framed a policy which lays down a framework in relation toremuneration of Directors Key Managerial Personnel and Senior Management of the Company.The policy also lays down criteria for selection and appointment of Board Members. Thedetails of this policy are given below:-

Criteria and Qualification for Nomination & Appointment

The Committee shall identify and ascertain the integrity qualification expertise andexperience of the person for appointment as Director KMP or at Senior Management leveland recommend to the Board his/her appointment. A person should possess adequatequalification expertise and experience for the position he/she is considered forappointment. The Committee has discretion to decide whether qualification expertise andexperience possessed by a person is sufficient/ satisfactory for the concerned position.

The Company shall not appoint or continue the employment of any person as Whole timeDirector who has attained the age of seventy years. Provided that the term of the personholding this position may be extended beyond the age of seventy years with the approval ofshareholders by passing a special resolution based on the explanatory statement annexed tothe notice for such motion indicating the justification for extension of appointmentbeyond seventy years.

Policy on Remuneration

The Company's Remuneration policy considers human resources as its invaluable assetsThe Remuneration policy for all the employees are designed in a way to attract talentedexecutives and remunerate them fairly and responsibly this being a continuous ongoingexercise at each level in the organization.

The Remuneration of Directors should be in accordance with the provisions of theCompanies Act 2013 read with Schedule-V of the companies Act 2013 as amended from timeto time. To ensure that the level and components of remuneration is reasonable andsufficient to attract retain and motivate Directors KMP and other employees of thequality required to run the Company successfully.

No director/KMP/other employee are involved in deciding his or her own remuneration.The trend prevalent in the similar industry nature and size of business are kept in viewand given due weight age to arrive at a competitive quantum of remuneration.

It is to be ensured that relationship of remuneration to the performance is clear &meets appropriate performance bench marks which are unambiguously laid down andcommunicated.

Improved performance should be rewarded by increase in remuneration and suitableauthority for value addition in future. Provisions of all applicable laws with regard tomaking payment of remuneration to the Board of Directors KMP and Senior Management asmaybe applicable from time to time shall be complied.

Whenever there is any deviation from the Policy the justification/reasons should alsobe indicated/ disclosed adequately.

Managing Director and Executive Directors

The Company remunerates its Managing Director and Executive Director's by way ofsalary perquisites and allowances. Remuneration is paid within the limits recommended bythe Nomination & Remuneration Committee and the Board and as approved by theshareholders within the stipulated limits of the Companies Act 2013 and the Rules madethereunder. The remuneration paid to the Managing Director and the Executive Director's isdetermined keeping in view the industry benchmark and the relative performance of theCompany to the industry performance.

Non-executive Directors

Non-executive Directors are presently not paid any remuneration. Your Company has notpaid any sitting fees for attending the meeting of the Board and its Committees as per theprovisions of the Companies Act 2013 and the rules made thereunder. The Company howeverreimburses the expenses incurred by the Non Executive Directors to attend the meetings.

Key Managerial Personnel and other senioremployees

The remuneration of KMP and other employees largely consists of basic salaryperquisites and allowances. Perquisites and retirement benefits are paid according to theCompany policy. The components of the total remuneration vary for different grades and aregoverned by the industry pattern qualification & experience/merits performance ofeach employee. The Company while deciding the remuneration package takes intoconsideration current employment scenario and remuneration package of the industry and itspeer group.

D. STAKEHOLDER'S RELATIONSHIPCOMMITTEE

BRIEF DESCRIPTION AND TERMS OF REFERENCE

The Board has delegated the powers to a committee to approve transfer/transmission ofshares considering and resolving the grievances to oversee the performance of theRegistrar & Share Transfer Agent Oversee the implementation and compliance of theCode of Conduct adopted by the Company for prevention of Insider Trading and to attend allother matters related thereto:

COMPOSITION:

Composition of Stake holder's Relationship Committee as on 31st March 2017:

Name of the Director Status in Committee Nature of Directorship
Mr. Jeetendra Nayak Chairman Independent Director
Mr. Pravin Chipde Member Independent Director
Ms. Siddhi Rathi Member Non- Executive Director

No Meeting of Stakeholder Relationship Committee was held during the year.

E. CORPORATE SOCIAL RESPONSIBILITY (CSR) COMMITTEE

The company has not crossed the threshold limit as prescribed under section 135 of theCompanies Act 2013 hence has not been constituted the Corporate Social ResponsibilityCommittee for the year.

8. DIRECTORS AND KEY MANAGERIAL PERSONS:

A. COMPOSITION OF THE BOARD:

Sr. No. Name of the Director Designation Appointment Resignation
1. Mr. Dinesh Chhaganlal Rathi Managing Director 05.05.2009
2. Mrs. Uma Dinesh Rathi Executive Director 05.05.2009
3. Ms.Siddhi Dinesh Rathi Non-Executive Director 25.08.2016
4. Mr. Jeetendra Chandrakant Independent Director 25.06.2016
5. Mr. Pravin Dattatraya Chipde Independent Director 25.08.2016

-Retirement by Rotation

Pursuant to provisions of the Companies Act 2013 Mrs. Uma Rathi (DIN: 02578611)Executive Director will retire at the ensuing Annual General Meeting and being eligibleoffers herself for reappointment. The Board recommends her re-appointment.

B. COMPOSITION OF KEY MANAGERIAL PERSONNEL

The details of the Key Managerial personnel of the Company are as tabled below:

Sr. No. Key Managerial personnel Designation Appointment Resignation
1 Ms. Ankita N Daga Company Secretary 04.07.2016
2 Ms. Kiran Selukar Chief Financial Office 04.07.2016 20.04.2017
3 Mr. Abhijeet Sharma Chief Financial Office 02.05.2017

9. DECLARATION FROM INDEPENDENT DIRECTORS ON ANNUAL BASIS

The Company has received declarations from all the Independent Directors of the Companyas per the provisions of Section 149 subsection (7) of the Companies Act 2013 confirmingthat they meet the criteria of independence as prescribed both under Section 149sub-section (6) of the Companies Act 2013 read with the Rule 4 of Companies (Appointmentand Qualification of Directors) Rule 2014 and the SEBI (Listing Obligations andDisclosures Requirement) Regulations 2015.

10. RELATED PARTY TRANSACTIONS

All transactions entered into with related parties as defined under the Companies Act2013 during the financial year were in the ordinary course of business and on an arm'slength pricing basis and do not attract the provisions of Section 188 of the CompaniesAct 2013. There were no materially significant transactions with the related partiesduring the financial year which were in conflict with the interest of the Company andhence enclosing of Form AOC-2 is not required. Suitable disclosure as required by theAccounting Standard (AS 18) has been made in the notes to the Financial Statements.

11. CHANGES IN SHARE CAPITAL

The Paid up Share Capital as at March 31 2017 stood at Rs. 109700000/-. Paid upShare Capital structure of the Company is mentioned below:

Date of Allotment No of Equity Shares Allotted Face Value (Rs.) Issue Price (Rs.) Nature of Consideration Nature of Allotment Cumulative No. of Eq. Shares Cumulative Paid up Capital (Rs.)
On Incorporation 05.05.2009 1000 100 100 Cash subscriber's to MOA 1000 100000
Pursuant to the resolution passed by the shareholders on June 25 2016 Your Company sub- divided its Equity shares from face value of Rs. 100 each to face value of Rs. 10 each. Therefore the cumulative number of equity shares pursuant to sub-division was 10000 of face value of Rs. 10 each
04.07.2016 8000000 10 N.A Other than Cash Bonus Issue 8010000 80100000
Bonus Issue of 8000000 Equity Shares of Rs. 10/- each in the ratio of 800 equity share for every 1 Equity Shares.
07.10.2016 2960000 10 10 Cash/Cheque IPO- Allotment 2960000 29600000
The Company has listed Equity Shares on SME Exchange of BSE Limited on the 13th October 2016.

12. VIGIL MECHANISM

In order to ensure that the activities of the Company and its employees are conductedin a fair and transparent manner by adoption of highest standards of professionalismhonesty integrity and ethical behavior the Company has adopted a Vigil mechanism/WhistleBlower Policy.

The Vigil (Whistle Blower) Mechanism aims to provide a channel to the Directors andemployees to report genuine concerns about unethical behavior actual or suspected fraudor violation of the Code of Conduct policy.

The Company is committed to adhere to the highest standards of ethical moral and legalconduct of business operations and in order to maintain these standards the Companyencourages its employees who have genuine concerns about suspected misconduct to comeforward and express these concerns without fear of punishment or unfair treatment. Themechanism provides for adequate safe-guards against victimization of Directors andemployees to avail of the mechanism and also provide for direct access to the Chairman ofthe Audit Committee in exceptional cases. This neither releases employees from their dutyof confidentiality in the course of their work nor can it be used as a route for raisingmalicious or unfounded allegations about a personal situation.

13. DIRECTORS RESPONSIBILITY STATEMENT

Pursuant to Section 134 (5) of the Companies Act 2013 the Directors confirm that:

a. in the preparation of the annual accounts for the year ended 31st March 2017 theapplicable accounting standards had been followed along with proper explanation relatingto material departures;

b. the Directors have selected such accounting policies and applied them consistentlyand made judgments and estimates that are reasonable and prudent so as to give a true andfair view of the state of affairs of the company at the end of the financial year 31stMarch 2017 and of the loss of the company for that period.

c. the Directors have taken proper and sufficient care for the maintenance of adequateaccounting records in accordance with the provisions of this Act for safeguarding theassets of the company and for preventing and detecting fraud and other irregularities;

d. the Directors have prepared the annual accounts for the period ended 31st March2017 on a going concern basis.

e. the Directors have devised proper systems to ensure compliance with the provisionsof all applicable laws and that such systems were adequate and operating effectively.

14. SUBSIDIARIES JOINT VENTURES AND ASSOCIATE COMPANIES

Your Company has no subsidiaries joint ventures and associate companies during theyear.

15. EXTRACT OF ANNUAL RETURN

As required pursuant to section 92(3) of the Companies Act 2013 and rule 12(1) of theCompanies (Management and Administration) Rules 2014 an extract of annual return in FormMGT-9 as a part of this Annual Report is in "ANNEXURE I".

16. PARTICULARS OF EMPLOYEES

The details pursuant to Section 197 (12) of the Companies Act 2013 read with Rule 5(1) of the Companies (Appointment and Remuneration of Managerial Personnel) Rules 2014 isenclosed as

ANNEXURE II.

Further during the year under review none of the employees were entitled to receiveremuneration exceeding the prescribed limit set under Rule 5 (2) of the Companies(Appointment and Remuneration of Managerial Personnel) Rules 2014.

17. REGISTRAR AND TRANSFER AGENT

The Board had appointed M/s. Bigshare Services Private Limited as Registrar andTransfer Agent (RTA) at their meeting held on 25th August 2016. The Company's Registrar& Share Transfer Agents M/s. Big Share Services Private Limited is fully equipped tocarry out the transfers of shares and redress Investor complaints.

18. AUDITORS

A. STATUTORY AUDITORS:

M/s Amit Gharlute & Co. Chartered Accountants Nagpur were appointed as StatutoryAuditors of your Company in the Annual General Meeting (AGM) held on 02nd July 2016 for aterm of 5 (Five) consecutive years to hold office till the conclusion of the 12th AnnualGeneral Meeting of the Company to be held in the Calendar year 2021 subject to theratification of their appointment at every AGM. As per the provisions of Section 139 ofthe Companies Act 2013 the appointment of Auditors is required to be ratified by Membersat every AGM.

AUDITOR'S REPORT:

The Report given by the Auditors on the financial statements of the Company is part ofthe Annual Report. There is no qualification reservation adverse remark or disclaimergiven by the Auditors in their Report. However the Report is self-explanatory and doesnot require any comments or clarification.

B. SECRETARIAL AUDITOR:

The Board has appointed M/s. Kunal Dutt & Associates Practicing CompanySecretaries to conduct Secretarial Audit of the Company for the financial year ended 31stMarch 2017 in compliance with the provisions of Section 204 of the Companies Act 2013.The report of the Secretarial Audit Report in Form MR-3 is enclosed as "ANNEXUREIII" to this Report.

19. CONSERVATION OF ENERGY TECHNOLOGY ABSORPTION FOREIGN EXCHANGE EARNING AND OUTGO

Particulars of Energy Conservation Technology Absorption and Foreign Exchange Earningsand Outgo required under the Rule 8 of the Companies (Accounts) Rules 2014 is annexed andmarked "ANNEXURE IV" and forms part of this Report.

20. ADEQUACY OF INTERNAL FINANCIAL CONTROLS WITH REFERENCE TO THE FINANCIAL STATEMENTS:

The Company has effective ‘internal financial controls' that ensure an orderly andefficient conduct of its business including adherence to Company's policies safeguardingof its assets prevention and detection of frauds and errors accuracy and completeness ofthe accounting records and timely preparation of reliable financial information.

21. THE DETAILS OF SIGNIFICANT MATERIAL ORDERS PASSED BY THE REGULATORS OR COURTS ORTRIBUNALS IMPACTING THE GOING CONCERN STATUS AND COMPANY'S OPERATIONS IN FUTURE

No significant or material orders were passed by the regulators or courts or tribunalsimpacting the going concern status and company's operations in future during the yearunder review.

22. MATERIAL CHANGES AND COMMITMENTS IF ANY AFFECTING THE FINANCIAL POSITION OF THECOMPANY

There were no material changes and commitments in the business operations of theCompany from the Financial Year ended 31st March 2017 to the date of signing of theDirector's Report.

23. PARTICULARS OF LOANS GIVEN INVESTMENT MADE GUARANTEES GIVEN AND SECURITIESPROVIDED:

Your Company has not given any loan or guarantee to any person or body corporate norinvested in anybody corporate during the Financial Year under review pursuant to Section186 of Companies Act 2013

24. RISK MANAGEMENT

The Board has formally adopted steps for framing implementing and monitoring the riskmanagement plan for the Company by way of Risk Management Policy. The Board is veryvigilant in working and also have proper internal control systems to minimize theoperational and business risk. Company also encourages Whistle Blower system in thecompany.

25. FORMAL ANNUAL EVALUATION

Your Company has devised a Policy for selection of Directors determining independenceof Directors and for performance evaluation of Independent Directors Board Committeesand other individual Directors which include criteria for performance evaluation of thenon-executive directors and executive directors.

26. DECLARATION WITH THE COMPLIANCE WITH THE CODE OF CONDUCT BY MEMBERS OF THE BOARDAND SENIOR MANAGEMENT PERSONNEL

The Company has complied with the requirements about code of conduct for Board membersand Sr. Management Personnel.

27. MECHANISM FOR BOARD EVALUATION

SEBI (LODR) Regulations 2015 states that the board shall monitor and review the boardevaluation framework. The Companies Act 2013 states that a formal annual evaluation needsto be made by the Board of its own performance and that of its committees and individualdirectors. The Schedule IV of the Companies act 2013 states that the performanceevaluation of the independent directors shall be done by the entire Board of Directorsexcluding the Director being evaluated. The Directors evaluation was broadly based on theparameters such as understanding of the Company's vision and objective skills knowledgeand experience participation and attendance in Board/ Committee meetings; governance andcontribution to strategy; interpersonal skills etc. The Board has carried out the annualperformance evaluation of its own performance the Directors individually as well asevaluation of the working of its Board Committees. A meeting of the Independent Directorswas also held which reviewed the performance of Non Independent Directors Chairman andthe quality quantity and time lines of flow of information between the Company managementand Board.

28. CORPORATE GOVERNANCE

Since the Company has listed its securities on SME platform of BSE Limited during theyear under review the provisions of Corporate Governance as specified in regulations 1718 19 20 21 22 23 24 25 26 27 and clauses (b) to (i) of sub-regulation (2) ofregulation 46 and para C D and E of Schedule V of SEBI (LODR) Regulation 2015 are notapplicable to the Company for the financial year ended 31st March 2017.

29. SEXUAL HARASSMENT OF WOMEN AT WORKPLACE (PREVENTION PROHIBITION AND REDRESSAL)ACT 2013 (SHWWA):

Your Company is committed to providing a work environment that is professional andmature free from animosity and one that reinforces the value of integrity that includesrespect for the individual. The Company has always believed in providing a safe andharassment free workplace for every individual working in the Company's premises throughvarious interventions and practices. The Company always endeavors to create and provide anenvironment that is free from discrimination and harassment including sexual harassment.All employees are treated with dignity with a view to maintain a work environment free ofsexual harassment whether physical verbal or psychological. The Policy aims to develop aharmonious and productive working environment free from sexual harassment. The Companyalso ensures all allegations of sexual harassment are investigated and dealt witheffectively and appropriately.

30. SECRETARIAL STANDARDS

Your company has complied with the Secretarial Standards issued by the Institute ofCompany Secretaries of India.

GENERAL

Your Directors state that no disclosure or reporting is required in respect of thefollowing items as there were no transactions on these items during the year under review:

1. Details relating to deposits covered under Chapter V of the Act.

2. Issue of equity shares with differential rights as to dividend voting or otherwise.

3. Issue of shares (including sweat equity shares) to employees of the Company underany scheme save and except ESOS referred to in this Report

4. Neither the Managing Director nor the Whole-time Directors of the Company receiveany remuneration or commission from any of its subsidiaries as the company has nosubsidiaries.

5. No significant or material orders were passed by the Regulators or Courts orTribunals which impact the going concern status and Company's operations in future.

ACKNOWLEDGMENT

The Board of Directors are pleased to place on record their appreciation of theco-operation and support extended by ICICI Bank Limited various State and CentralGovernment agencies Stock Exchange and other Agencies. The Board would like to thank theCompany's shareholders Customers Service providers for the support and the confidencewhich they have reposed in its management. The Board also wishes to place on record itshighest appreciation of the valuable services rendered by all the employees of theCompany.

For and on behalf of the Board of Directors
For DRA Consultants Limited
Sd/- Sd/-
Dinesh Rathi Uma Rathi
Place : Nagpur (Managing Director) (Executive Director)
Date : 16th August 2017 (DIN : 02481055) (DIN : 02578611)