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Rainbow Foundations Ltd.

BSE: 531694 Sector: Infrastructure
NSE: N.A. ISIN Code: INE230F01014
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OPEN 21.55
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VOLUME 2760
52-Week high 28.20
52-Week low 10.47
P/E 4.99
Mkt Cap.(Rs cr) 12
Buy Price 21.50
Buy Qty 15.00
Sell Price 23.70
Sell Qty 25.00
OPEN 21.55
CLOSE 22.60
VOLUME 2760
52-Week high 28.20
52-Week low 10.47
P/E 4.99
Mkt Cap.(Rs cr) 12
Buy Price 21.50
Buy Qty 15.00
Sell Price 23.70
Sell Qty 25.00

Rainbow Foundations Ltd. (RAINBOWFOUNDAT) - Director Report

Company director report

To

The Members

Your Directors have pleasure in presenting their 23rdAnnual Report of theCompany on the business and operations of the Company together with the Audited FinancialStatement and the Auditor's Report thereon for the financial year ended 31stMarch 2017.

I. FINANCIAL RESULTS AND OVERVIEW OF PERFORMANCE:

1. FINANCIAL RESULTS:

During the year under review your company has achieved the following financialresults:

(Rs. In Lakhs)
Particulars Year ended 31.03.2017 Year ended 31.03.2016
Total Income 4711.46 3091.21
Profit/(loss) before Interest Depreciation & Tax (EBITDA) 1226.42 771.77
Finance Charges 974.44 566.10
Depreciation 7.85 3.13
Provision for Income Tax 82.86 72.21
Net Profit/(Loss) After Tax 159.50 130.02
Profit/(Loss) carried to Balance Sheet 159.50 130.02

2. PERFORMANCE OF THE COMPANY:

During the year under review the Company's Profit before Interest Depreciation &Tax increased to Rs. 1226.42/- Lakhs as compared to Rs. 771.77/- Lakhs in the previousyear. The Company earned a net profit of Rs. 159.50/- Lakhs in the Current Financial Yearas against a net profit of Rs. 130.02/- Lakhs in the previous year. The increase in netprofit is on account of increased revenue and marginal reduction of project expenditure.Your directors are expecting to provide a better performance in the forthcoming years.

3. CHANGE IN NATURE OF BUSINESS IF ANY:

Our Company has not deviated its line of business activity nor has expanded the area ofactivities therefore; there is no change in the nature of business for the year underreview.

4. DIVIDEND:

In view of the results achieved and to conserve the resources of the company for thefuture expansion modernization and working capital purpose your directors do notrecommend any dividend for this year.

5. TRANSFER TO RESERVES:

The Company has not transferred any amount to reserves for the financial year 2016-17.

6. SHARE CAPITAL:

The Board of Directors of the Company has not issued any shares during the year.

Present Capital structure of the Company is as follows:

Share Capital Year ended 31.03.2017 Year ended 31.03.2016
(a) Authorised Share Capital : 120000000 120000000
12000000 Equity Shares of Rs. 10/- each
(b) Issued Share Capital : 55131000 55131000
5513100 Equity Shares of Rs. 10/- each
(c) Subscribed and Paid up Capital : 55131000 55131000
5513100 Equity Shares of Rs. 10/- each
55131000 55131000

7. DISCLOSURE RELATING TO EQUITY SHARES WITH DIFFERENTIAL RIGHTS:

The Company has not issued any equity shares with differential rights during the yearunder review and hence no information as per provisions of Rule 4(4) of the Companies(Share Capital and Debenture) Rules 2014 is furnished.

8. DISCLOSURE RELATING TO SWEAT EQUITY SHARES:

The Company has not issued any sweat equity shares during the year under review andhence no information as per provisions of Rule 8(13) of the Companies (Share Capital andDebenture) Rules 2014 is furnished.

9. DISCLOSURE RELATING TO EMPLOYEE STOCK OPTION SCHEME AND EMPLOYEE STOCKPURCHASE SCHEME:

The Company has not issued any equity shares under Employee Stock Option Scheme duringthe year under review and hence no information as per provisions of Section 62(1)(b) ofthe Act read‘ with the Rule 12(9) of the Companies (Share Capital and Debenture)Rules 2014 is furnished.

10. DISCLOSURE IN RESPECT OF VOTING RIGHTS NOT DIRECTLY EXERCISED BY EMPLOYEES:

During the year under review there were no instances of non-exercising of votingrights in respect of shares purchased directly by employees under a scheme pursuant toSection 67(3) of the Act read with Rule 16(4) of Companies (Share Capital and Debenture)Rules 2014.

11. SUBSIDIARY ASSOCIATES AND JOINT VENTURES:

The Company has no subsidiaries associates and joint ventures therefore disclosingthe names of the respective entities does not arise.

12. MATERIAL CHANGES & COMMITMENTS AFFECTING FINANCIAL POSITION OF THE COMPANYOCCURRING AFTER BALANCE SHEET DATE:

There are no material changes or commitments likely to affect the financial position ofthe Company which is having an impact on the functioning and working of the Company. Theoperations of the Company have been effectively being managed and the Management shallreview the performance from time to time in order to monitor the business activities ofthe Company.

13. PARTICULARS OF LOANS INVESTMENTS AND GUARANTEES UNDER SECTION 186 OF THE

COMPANIES ACT 2013:

During the year the Company has granted loans to companies and invested a inpartnership firm as per the provisions of Section 186 of the Companies Act 2013.

Further your Company has neither given any Guarantees/ Securities during the FinancialYear.

14. PARTICULARS OF CONTRACTS OR ARRANGEMENTS WITH RELATED PARTIES REFERRED IN SUBSECTION (1) OF SECTION 188 OF THE COMPANIES ACT 2013:

During the year under review the Company has not entered into any contracts orarrangements with its related parties pursuant to Section 188(1) of the Companies Act2013.

15. DEPOSITS:

The Company has not accepted any deposits either from the shareholders or public withinthe meaning of the Companies (Acceptance of Deposits) Rules 2014. No amount on account ofprincipal or interest on deposits from public was outstanding as on 31st March2017.

16. REVISION OF FINANCIAL STATEMENT:

There was no revision of the financial statements of any earlier years during the yearunder review.

17. MATERIAL ORDERS PASSED BY THE REGULATORS COURTS TRIBUNALS:

There are no significant material orders passed by the Regulators or Courts orTribunals which would have impact on the going concern status of the Company and itsfuture operation.

II. MATTERS RELATING TO DIRECTORS AND KEY MANAGERIAL PERSONNEL

1. BOARD OF DIRECTORS:

There was no change in the composition of Board of Directors and the Key ManagerialPersonnel during the year under review.

The Board consists of persons of professional expertise and experience in technicalfinancial and operational segments that provide leadership and guidance to the management.The Present constitution of the Board of Directors of the Company consists of thefollowing members:

DIN Name of Director Category of Director No. of Director-ships in other Bodies Corporate No. of Equity Shares Held
02215110 Mr. Anop Chand Jain P/MD 1 176883
01182117 Mr. Gajraj Jain P/JMD NIL 200000
01165166 Mr. Mukesh Kumar Manilal Mehta I/NED NIL 631
00232291 Mr. Mothiram P M I/NED 1 NIL
01786782 Mr. Sampat Raj Singhvi I/NED 0 27
00636082 Ms. Lakshmi Sreedhar NED 1 NIL

 

P Promoter MD Managing Director
ED Executive Director JMD Joint Managing Director
I Independent NED Non-Executive Director

The Directorships held by the Directors as mentioned above do not include AlternateDirectorships and Directorships held in Foreign Companies or Companies registered underSection 8 of the Companies Act 2013.

Ms Lakshmi Sreedhar (DIN: 00636082) Director will retire by rotation at theforthcoming Annual General Meeting and being eligible offers herself for re-appointment.

2. KEY MANAGERIAL PERSONNEL:

Pursuant to Section 203 of the Companies Act 2013 and read with the Rules 8 and 8A ofCompanies (Appointment and Remuneration of Managerial Personnel) Rules 2014 the KeyManagerial personnel of the Company consist of the following members:

DIN/PAN Name of the member Designation
02215110 Mr. Anop Chand Jain Managing Director
01182117 Mr. Gajraj Jain Joint Managing Director
AAFPJ8666C Mr. Nitesh Jain Chief Financial Officer
AQHPK2867J Mr. Krishnasamy Pranatharthiharan Company Secretary

During the year there was no change (appointment or cessation) in the office of KMP.

3. DECLARATIONS BY INDEPENDENT DIRECTORS:

Pursuant to the provisions of sub-section (7) of Section 149 of the Companies Act2013 the Company has received individual declarations from all the Independent Directorsconfirming that they fulfill the criteria of independence as specified in Section 149(6)of the Companies Act 2013.

III. DISCLOSURE RELATING TO BOARD COMMITTEES AND POLICIES

1. BOARD MEETING:

During the period under review your Director met 4 times and the details regarding thesame is given below:

Name Of Directors 30th May 2016 13th August 2016 14th November 2016 14th February 2017
Mr. Anop Chand Jain Present Absent Present Present
Mr. Gajraj Jain Present Present Present Present
Mr. Mukesh Kumar Manilal Mehta Present Present Present Present
Mr. Mothiram P M Present Present Present Present
Mr. Sampat Raj Singhvi Present Present Present Present
Ms. Lakshmi Sreedhar Present Present Present Present

All the Directors actively participated in the meetings and provided their valuableinputs on the matters brought before the Board of Directors from time to time.

2. GENERAL MEETING:

Date of Meeting Nature of Meeting No. of Directors Attended the Meeting No. of Members Attended the Meeting
30th September 2016 Annual General Meeting 6 33

3. AUDIT COMMITTEE:

The Composition and details of meetings of Audit Committee are as follows:

Date of the Meetings Mukesh Kumar Manilal Mehta Sampat Raj Singhvi Mothiram P M
Category Chairman Member Member
30th May 2016 Present Present Present
13th August 2016 Present Present Present
14th November 2016 Present Present Present
14thFebruary 2017 Present Present Present

The Chief Financial Officer Internal Auditor and the Statutory Auditors are inviteesto the relevant meetings of the Audit Committee in respect of businesses related to them.The Company Secretary acts as the Secretary of the Audit Committee.

The terms of reference and powers of the Audit Committee are in accordance with therequirements of Section 177 of the Companies Act 2013 and includes overseeing theCompany's financial reporting process reviewing the quarterly / half yearly / annualfinancial statements/ results and reviewing with the management the adequacy of theinternal audit function recommending the appointment/ reappointment of statutory auditorand internal auditor and recommending/ fixation of audit fees reviewing the significantinternal audit findings related party transactions.

4. NOMINATION AND REMUNERATION COMMITTEE:

The details and composition of the Nomination and Remuneration Committee is as follows:

Date of the Meetings Mothiram P M Sampat Raj Singhvi Mukesh Kumar Manilal Mehta
Category Chairman Member Member
30th May 2016 Present Present Present
14th November 2016 Present Present Present

The terms of reference and power of the Nomination and Remuneration Committee is inaccordance with the requirements of Section 178 of the Companies Act 2013.

The role of the Committee inter alia is to approve/ recommend the remuneration/packages of the Executive and Non-Executive Directors and of Senior Management Personneland to lay down the criteria for performance evaluation of Board of Directors as a wholeindividual directors and the committees of the Board. Under the said performanceevaluation framework the Committee has identified the criteria upon which every Directorshall be evaluated. The Policy also provides the manner in which the Directors as acollective unit in the form of Board Committees and the Board function and perform.

5. STAKEHOLDERS RELATIONSHIP COMMITTEE:

The Stakeholders Relationship Committee considers and resolves the grievances ofsecurity holders of the company. There were no complaints or grievances from theshareholders of the company during the year or any pending complaints or grievances fromprevious years. The Company Secretary is the Compliance Officer under the ListingRegulations. The details and composition of the Stakeholders Relationship Committee is asfollows:-

Date of the Meetings Mukesh Kumar Manilal Mehta Sampat Raj Singhvi Mothiram P M
Category Chairman Member Member
30th May 2016 Present Present Present
13th August 2016 Present Present Present
14th November 2016 Present Present Present
14thFebruary 2017 Present Present Present

6. SEPARATE MEETING OF INDEPENDENT DIRECTORS:

Independent Directors of the Company met separately on March 17 2017 without thepresence of Non- Independent Directors and members of management.

7. OTHER COMMITTEES:

The Company has constituted a committee for the purpose granting loan and providingguarantee or security in connection with loan. The committee meets time to time during thefinancial year to consider the afore- mentioned matters if applicable.

8. DIRECTORS' RESPONSIBILITY STATEMENT

Pursuant to Section 134(5) of the Companies Act 2013 the Board of Director's to thebest of their knowledge and ability confirm that:

i. in the preparation of the annual accounts the applicable accounting standards hadbeen followed along with proper explanation relating to material departures;

ii. had selected such accounting policies and applied them consistently and madejudgments and estimates that are reasonable and prudent so as to give a true and fair viewof the state of affairs of the company at the end of the financial year and of the profitand loss of the company for that period;

iii. had taken proper and sufficient care for the maintenance of adequate accountingrecords in accordance with the provisions of this Act for safeguarding the assets of thecompany and for preventing and detecting fraud and other irregularities;

iv. had prepared the annual accounts on a going concern basis;

v. had laid down internal financial controls to be followed by the company and thatsuch internal financial controls are adequate and were operating effectively;

vi. the directors had devised proper systems to ensure compliance with the provisionsof all applicable laws and that such systems were adequate and operating effectively.

9. ANNUAL EVALUATION OF THE BOARD COMMITTEE AND DIRECTORS:

The Nomination and Remuneration Committee of the Board has formulated a PerformanceEvaluation Framework under which the Committee has identified criteria upon which everyDirector shall be evaluated.

Similarly the framework provides the manner in which the Directors as a collectiveunit in the form of Board Committees and the Board function and perform.

The Independent Directors evaluated the performance of the individual Directors on thebasis of various criteria included attendance & participation in Board Meetingengagement with the management in decision making understanding about the company'sbusiness and its affecting industries.

The criteria for performance evaluation of Board included the aspects such ascomposition of Board and its structure roles and responsibilities under variousprovisions of the Companies Act 2013 etc. The criteria for performance evaluation ofCommittees of the Board included the aspects like composition of Committees effectivenessof Committee meetings etc.

10. POLICY ON APPOINTMENT OF DIRECTORS AND CRITERIA FOR DETERMINING QUALIFICATIONSPOSITIVE ATTRIBUTES AND INDEPENDENCE OF A DIRECTOR:

The Nomination and Remuneration Committee is responsible for developing competencyrequirements for the Board and in this regard conducts a gap analysis to determine theBoard composition on a periodic basis including each time a Director appointment orreappointment is required. The committee has framed a policy to determine thequalification positive attributes and independence of a Director. The key feature of thepolicy are:

Independence: In accordance with the above criteria a Director will beconsidered as an ‘Independent Director' if he/ she meets with the criteria for‘Independent Director' as laid down in the Act.

Qualifications: A transparent Board nomination process is in place thatencourages diversity of thought experience knowledge perspective age and gender. It isalso ensured that the Board has an appropriate blend of functional and industry expertise.While recommending the appointment of a Director the Nomination and RemunerationCommittee considers the manner in which the function and domain expertise of theindividual will contribute to the overall skill-domain mix of the Board.

Positive Attributes: In addition to the duties as prescribed under the Actthe Directors on the Board of the Company are also expected to demonstrate high standardsof ethical behavior strong interpersonal and communication skills and soundness ofjudgment. Independent Directors are also expected to abide by the ‘Code forIndependent Directors' as outlined in Schedule IV to the Act.

11. VIGIL MECHANISM FOR THE DIRECTORS AND EMPLOYEES:

In compliance with the provisions of Section 177(9) of the Companies Act 2013 theCompany has adopted a Whistle Blower Policy establishing vigil mechanism to provide aformal mechanism to the directors and employees to report their concerns about unethicalbehavior actual or suspected fraud or violation of the Company's code of conduct orethics policy. The policy provides for adequate safeguards against victimization ofemployees who avail of the mechanism and also provide for direct access to the Chairman ofthe Audit Committee. It has affirmed that no personnel of the Company have been deniedaccess to the Audit Committee.

12. REVIEW OF RISK MANAGEMENT POLICY ADOPTED BY THE COMPANY

The Board of Directors of the Company has in place a Risk Management Policy which aimsat enhancing shareholders' value and providing an optimum risk-reward tradeoff. The riskmanagement approach is based on a clear understanding of the variety of risks that theorganization faces disciplined risk monitoring and measurement and continuous riskassessment and measures. The Board takes overall responsibility for the overall process ofrisk management in the organisation.

The Board shall take note of any future threats and shall report to the Company forformulating an effective mechanism and strategy.

13. INTERNAL FINANCIAL CONTROLS:

The Internal Financial Controls with reference to financial statements as designed andimplemented by the Company are adequate.

During the year under review no material or serious observation has been received fromthe Statutory Auditors and the Internal Auditors of the Company on the inefficiency orinadequacy of such controls.

14. ADEQUACY OF INTERNAL CONTROL SYSTEMS:

The Company has an adequate system of internal controls in place. It has documentedpolicies and procedures covering all financial and operating functions. The InternalFinancial Controls with reference to financial statements as designed and implemented bythe Company are adequate. These controls have been designed to provide a reasonableassurance with regard to maintaining of proper accounting controls for ensuringreliability of financial reporting monitoring of operations protecting assets fromunauthorised use or losses compliances with regulations. The Company has continued itsefforts to align all its processes and controls with global best practices.

15. PREVENTION OF SEXUAL HARASSMENT AT WORKPLACE:

Pursuant to the provisions of the Sexual Harassment of Women at the Workplace(Prevention Prohibition & Redressal) Act 2013 your Company has in place anAnti-Sexual Harassment Policy in order to prevent sexual harassment at work place. Allemployees (permanent contractual temporary or trainees) are covered under this policy.During the year under review no case pertaining to sexual harassment at work place hasbeen reported to the Company.

16. CORPORATE SOCIAL RESPONSIBILITY:

The provisions of Section 135 of the Companies Act 2013 read with Rule 9 of theCompanies (Corporate Social Responsibility Policy) Rules 2014 relating to CorporateSocial Responsibility is not applicable to the company and accordingly the Company hasnot constituted a CSR committee and has not disclosed the particulars of the CSR policyand other matters under this head.

17. PARTICULARS OF EMPLOYEES AND REMUNERATION POLICY:

The Nomination and Remuneration Committee (NRC) has formulated a policy relating to theremuneration of the directors key managerial personnel and other employees. Thephilosophy for remuneration is based on the commitment of fostering a culture ofleadership with trust. The remuneration policy has been prepared pursuant to theprovisions of Section 178(3) of the Companies Act 2013.

The key principles governing the remuneration policy are as follows:

- Market Competitiveness

- Role played by the individual

- Reflective of size of the company complexity of the sector/industry/Company'soperations and the

Company's capacity to pay

- Consistent with recognised best practices and

- Aligned to any regulatory requirements.

In accordance with the policy the Managing/Executive/KMPs/ Employees are paidbasic/fixed salary.

The Non-Executive Directors including Independent Directors are paid sitting fees forattending the meetings of the Board and committees of the Board.

The NRC is responsible for recommending any amendment in the remuneration policy to theBoard. The Board is responsible for approving and overseeing implementation of theremuneration policy.

The information required under Section 197 of the Companies Act 2013 read with rule5(1) of the Companies (Appointment and Remuneration of Managerial Personnel) Rules 2014has been attached as Annexure-01.

IV. AUDITORS AND REPORTS

1. STATUTORY AUDITORS

Pursuant to the provisions of Section 139 of the Companies Act 2013 the tenure ofcurrent auditors - M/s Jain Bafna & Co. Chartered Accountants shall come to an endat the conclusion of forthcoming AGM.

Accordingly M/s. GASM DANSR & Co. Chartered Accountants (Firm Registration No.005986S) have been recommended by the Audit Committee and by the Board to be appointed asStatutory Auditors of the Company for a term of five consecutive years to hold officefrom the conclusion of the ensuing 23rd Annual

General Meeting until the conclusion of 28th Annual General Meeting of theCompany to be held in the calendar year 2022 subject to annual ratification by members atevery Annual General Meeting on such remuneration as may be decided by the AuditCommittee and the Board. They being eligible have consented and offered themselves forappointment as statutory auditors for conducting audit of accounts for five consecutivefinancial years starting from 2017-18.

Pursuant to Section 139 and 141 of the Companies Act 2013 and relevant Rulesprescribed there under the Company has received certificate from the Auditors to theeffect inter-alia that their appointment if made would be within the limits laid downby the Act shall be as per the terms provided under the Act that they are notdisqualified for such appointment under the provisions of applicable laws.

2. AUDITOR'S OBSERVATIONS AND REPLY BY THE BOARD

Your Company confirms that there are no qualifications in the Statutory Auditor'sReport for the year under review.

3. FRAUD REPORTING:

During the year there were no instances of fraud reporting by the Auditors to theManagement hence the provisions of Section 143(12) of the Companies Act 2013 is notapplicable to the Company.

4. COST AUDITORS.

Cost Audit is not applicable to the Company. The Central government has not specifiedmaintenance of cost records for the Company under Sub – Section (1) of section 148 ofthe Companies Act 2013. Therefore there is no requirement for appointment of CostAuditors.

5. SECRETARIAL AUDIT REPORT:

As required under provisions of Section 204 of the Companies Act 2013 the report inrespect of the Secretarial Audit carried out by M/s. JM & Associates CompanySecretaries in Form MR-3 for the Financial Year 2016-17 forms part to this report.

6. COMMENTS ON QUALIFICATIONS MADE IN SECRETARIAL AUDIT REPORT:

The Following qualifications were made in the Secretarial Audit Report:

The Company has not filed the e-Form MGT-14 for the resolution passed by the board ofdirectors in respect of:

i. approval of Directors report for the year ended 31.03.2016;

ii. investment in partnership firm; and

iii. the delegation powers to the committee for granting loans giving guarantees orproviding securities

in respect of loans to individuals and other companies including body corporate.

With respect to the above qualifications the Board would like to reply that the Companyhas initiated necessary steps to file the requisite forms to comply with the provisions ofthe Act.

V. OTHER DISCLOSURES

1. EXTRACT OF ANNUAL RETURN:

Pursuant to Section 92(3) of the Companies Act 2013 and Rule 12(1) of the Companies(Management and Administration) Rules 2014 extract of annual return in Form MGT- 9 isenclosed as Annexure-02 which forms part of this report.

2. ENERGY TECHNOLOGY AND FOREIGN EXCHANGE

A) Conservation of energy and technology absorption:

The particulars as required under the provisions of Section 134(3) (m) of the CompaniesAct 2013 read with Rule 8 of the Companies (Accounts) Rules 2014 in respect ofconservation of energy and technology absorption have not been furnished considering thenature of activities undertaken by the Company during the year under review.

B) Foreign Exchange Earnings and Outgo:

During the period under report your Company had not earned any amount of foreignexchange nor had incurred expenditure in foreign exchange.

3. CORPORATE GOVERNANCE

The Company is not required to submit report on Corporate Governance since they are notcovered under the Applicability criteria as mentioned in Regulation 15 of the SEBI(Listing Obligations and Disclosure Requirements) Regulations 2015.

The Regulation 15 of the SEBI (Listing Obligations and Disclosure Requirements)Regulations 2015 shall be applicable to all companies whose equity shares are listed on arecognized stock exchange. However compliance with the provisions of Regulation 17 to 27clauses (b) to (i) of sub-regulation (2) of Regulation 46 and para C D and E of ScheduleV shall not apply to a listed company having paid up equity share capital not exceedingRs.10 crore and Net Worth not exceeding Rs. 25 crore as on the last day of the previousfinancial year; Provided that where the provisions of Regulation 15 becomes applicable toa company at a later date such company shall comply with the requirements of Regulation15 within six months from the date on which the provisions became applicable to the listedcompany.

4. MANAGEMENT DISCUSSION AND ANALYSIS REPORT

The management discussion and analysis of the financial conditions including the resultof the operations of the company for the year under review is given as a separatestatement in the Annual Report.

5. SERVICE OF DOCUMENTS THROUGH ELECTRONIC MEANS:

All documents including the Notice and Annual Report shall be sent through electronictransmission in respect of members whose email IDs are registered in their demat accountor are otherwise provided by the members. A member shall be entitled to request forphysical copy of any such documents.

6. ACKNOWLEDGEMENTS

Your Directors wish to convey their appreciation to all of the Company's employees fortheir enormous personal efforts as well as their collective contribution to the Company'sperformance. The Director's would also like to thank the employees shareholderscustomers dealers suppliers bankers Government and all other business associates forthe continuous support given by them to the Company and their confidence in itsmanagement.

For and On behalf of the Board
Rainbow Foundations Limited
Anop Chand Jain Gajraj Jain
Place : Chennai Managing Director Joint Managing Director
Date : 14.08.2017 DIN: 02215110 DIN: 01182117