Continental Securities Limited ("Company")
Your Directors are pleased to present the Thirty First Annual Report on the operationaland business performance of the Company together with the Audited Financial Statements forthe Financial Year ended March 31 2021.
1. FINANCIAL PERFORMANCE:
The financial performance of the company for Financial Year 2020-21 is summarized herebelow:
| || ||(Rs. In Lacs.) |
|Particulars ||Current Year ||Previous Year |
|Income ||81.74 ||58.53 |
|Total Expenditure ||33.18 ||26.61 |
|Profit Before Interest Depreciation and Tax ||48.56 ||31.92 |
|Interest ||0.00 ||0.00 |
|Depreciation ||0.94 ||1.26 |
|Taxation ||13.01 ||7.41 |
|Net Profit ||34.61 ||23.25 |
|Profit(Loss) Brought Forward ||39.99 ||20.42 |
|Net Profit(loss) carried forward ||66.24 ||39.99 |
2. COVID-19- A GLOBAL "PANDEMIC"
The World Health Organization (WHO) on March 11 2020 declared the outbreak ofCoronavirus (COVID-19) as a global "pandemic". The declaration from WHO came ata time when COVID-19 cases rapidly increased across the world. The spread of virus hastriggered panic across the world and financial markets. Like some of the other countriesin the World the virus' impact led the Hon'ble Prime Minister of India Shri NarendraModi to announce a lockdown across the country from March 25 2020 to restrict it fromspreading further and to break the cycle of infection. As a result the Country's economicactivities came to a standstill. The following measures were taken by the Company tomitigate the risk of COVID-19 to its business operations:
1. The Company invoked its 'Business Continuity Plan' and 'Risk Management Framework'quite early to minimize the impact on its employees and ensured that the Company remainsoperational and that recovery time objectives are met.
2. The Company proactively framed and implemented 'work from home policy' to ensurethat employees stay safe and business remains operational.
3. The Company ensured that its office are properly sanitized and clean.
4. All the guidelines issued by the Central and State Government authorities from timeto time are being strictly adhered to.
5. Pursuant to Notification no. RBI/2019-20/186 DOR. No.BP.BC.47/21.04.048/2019-20dated March 27 2020 issued by the Reserve Bank of India (RBI) in respect of COVID-19 -Regulatory Package the Company has framed and implemented a 'Policy on Deferment ofPEMI/EMI (COVID-19)' which gave Company's borrowers an option to defer their EMI's forthree months and further extended till 31.08.2020.
Your Directors have considered reinvesting the profits into the business of the Companyin order to build a strong reserve base for the long-term growth of the Company.Accordingly no dividend has been recommended for the Financial Year ended March 312021.Your Company has formulated Dividend Distribution Policy in accordance with Securities andExchange Board of India (Listing Obligations and Disclosure Requirements) Regulations2015 ("SEBI LODR Regulations") for bringing transparency in the matter ofdeclaration of dividend and to protect the interest of investor.
4. REVIEW OF OPERATIONS
Your Company is registered as a Non-Banking Finance Company ("NBFC") to carryout the finance activities in India. In order to build a high-quality loan book yourCompany endeavors to adopt robust monitoring and recovery mechanism. Your Company isalways committed towards improving efficiency in all its processes and service levels forits customers.
A sum of Rs. 8.36 lacs has been transferred by company to Reserve out of which Rs. Rs6.92 Lacs has been transferred to Reserve Fund as per guidelines prescribed by Reservebank of India. Also a provision of Rs. 144325 @ 0.25 on the standard assets of the Companywas made during the year.
6. DIRECTORS AND KEY MANAGERIAL PERSONNEL
The Board of the Company comprises of Five Directors consisting of three Non ExecutiveIndependent Directors (including one Women Director) Chairman or Managing Director as onMarch 31 2021 who bring in a wide range of skills and experience to the Board.
|Name of the Director ||Designation ||DIN |
|Mr. Madan lal Khandelwal ||Chairman ||00414717 |
|Mr. Rajesh Khuteta ||Managing Director ||00167672 |
|Mr. Vishnu Dusad ||Non-executive Independent Director ||03041606 |
|Mr. Suresh Kumar Gupta ||Non-executive Independent Director ||00217474 |
|Mrs. Ruchi Gupta ||Non-executive Independent Director ||06827155 |
The Independent Directors have confirmed that they satisfy the criteria prescribed forIndependent Directors as stipulated in the provisions of the Section 149(6) of the Act andRegulation 16(1) (b) & 25 of SEBI LODR Regulations. The Company has obtaineddeclaration of independence from all the Independent Directors of the Company. None of theDirectors have any pecuniary relationship or transactions with the Company. None of theDirectors of the Company are related to each other and have confirmed that they are notdisqualified from being appointed as Directors in terms of Section 164 of the Act and arenot debarred from holding the office of Director by virtue of any SEBI order or any othersuch authority.
7. Directors/ Key Managerial Personnel Appointment/ Reappointment/ Cessation
There was no appointment Resignation and change in the Directors of the company duringthe year 2020-21 under Review.
Appointments/Resignations of the Key Managerial Personnel
Pursuant to the provisions of section 203 of the Companies Act 2013 read with therules made there under the following are the key managerial personnel of the company:
1. Mr. Hemant Gupta Chief Financial Officer
2. Mrs. Pravita Khandelwal Company Secretary
Directors Retiring by Rotation
Pursuant to the provisions of Section 152 of the Act Mr. MadanLalKhandelwal (DIN :00414717) Chairman of the Company Who retired and being eligible were re-appointedwith the approval of Members.
8. MANAGEMENT DISCUSSION AND ANALYSIS
Management Discussion& Analysis Report Pursuant to Regulation 34 of SEBI (ListingObligation and Disclosure Requirements) Regulation 2015 is annexed herewith as AnnexureIV to this Report.
9. Number of Board Meetings held during the Financial Year
Minimum four Board meetings are held Annually. Additional Board Meeting are convened bygiving appropriate notice to address the company's specific needs. In case of businessexigencies or urgency of matters Resolutions are Passed by circulation.
During the Financial Year 2020-2106 (Six) Board Meetings were convened and held.
The Board met seven times during the year 2019-20 viz.
1. Meeting no. 01/2020-21 held on June 19 2020;
2. Meeting no. 02/2020-21held on August 10 2020;
3. Meeting no. 03/2020-21 held on August 17 2020;
4. Meeting no. 04/2020-21 held on September 04 2020;
5. Meeting no. 05/2020-21 held on October 20 2020;
6. Meeting no. 06/2020-21 held on January 12 2021;
The intervening gap between the Board Meetings was within the period prescribed underthe Act and SEBI LODR Regulations.
10. LISTING OF SHARES AND DEMATERIALIZATION
The Company's shares are listed and traded at Bombay Stock Exchange (BSE) and its scripcode is 538868 and ISIN No. INE183Q01012
11. Performance Evaluation of the Board
The Evaluation/assessment of Directors(Board as a whole)) KMPs and IndependentDirectors Senior Officials Committees of the company is conducted on an Annual basis tosatisfy the requirements of the companies Act 2013 and SEBI (LODR) LISTING OBLIGATION ANDDISCLOSURE REQUIREMENTS Regulation2015
1. Assess & Robust implement policies and structures procedures.
2. Development of suitable strategies and business plans at appropriate time and itseffectiveness.
3. Communication of expectations & concerns clearly with subordinates.
4. Exercise of objective independent judgment in the best interest of the company.
5. Oversight of financial reporting process including internal controls.
6. Discharge of functions and duties as per the terms of reference.
7. Review management's succession plan & effective meetings.
8. Clearly defining roles & monitoring activities of committees.
9. Review of corporations and ethical conduct.
10. Obtain adequate relevant & Timely information from external sources.
12. COMMITTEES OF THE BOARD
The Boards of Directors of the Company has constituted various Committees inCompliances with the Provision of the Companies and SEBI listing Regulations such asAudit Committee Nomination and Remuneration Committee Shareholder RelationshipCommittee.
All Decision pertaining to the constitution of the Committees appointment of membersand fixing of the terms of reference /role of the committees are taken by the Board ofDirectors.
(A) AUDIT COMMITTEE
The Audit Committee comprises Independent Director namely Shri Suresh Kumar Gupta(Chairman) Shri Vishnu Dusad and Mrs. Ruchi Gupta During the year all the recommendationmade by the Audit Committee were accepted by the Board.
During the financial year 2020-2104 (Four) Committee meeting were held- .
Meeting no. 01/2020-21held on June 19 2020;
Meeting no. 02/2020-21 held on August 17 2020;
Meeting no. 03/2020-21 held on October 20 2020;
Meeting no. 04/2020-21 held on January 12 2021.
(B) NOMINATION AND REMUNERATION COMMITTEE
The Board on the recommendation of the Nomination and remuneration Committee hasadopted a policy for Selection appointment and remuneration of Directors key Managerialpersonnel. Nomination and remuneration Committee Meeting held during the year on August10 2020.
(C) STAKEHOLDER RELATIONSHIP COMMITTEE
Stakeholders Relationship Committee comprises of three Directors namely Mr. SureshKumar Gupta (Chairman of the Committee) Mr. Vishnu Dusad and Ruchi Gupta. The Committeeadministers transfer and transmission of shares Issue of duplicate certificates changeof status of members change of name transposition sub-division of share certificatesconsolidation of shares dematerialization/ of shares and resolves the grievances ofvarious security holders of the Company. Committee meets time to time as per itsrequirements. The Committee facilitates prompt and effective redressal ofstakeholder/investors complaints.
" Number of complaints received - NIL
" Number of complaints solved to the satisfaction of shareholders - NIL
" Number of pending share transfers - NIL "
As at 31st March 2021 no shares were pending for transfer.
13. RISK MANAGEMENT FRAMEWORK
Company has implemented an integrated risk management approach through which it reviewsand assesses significant risk on a regular basis to ensure the there is a robust system ofrisk controls and mitigation. management periodically review the risk management. Themanagement however of the view that no risk element is identified which in opinion of theboard may threaten the existence of the company.
Company considers that risk is an integral part of its business and therefore it takesproper steps to manage all risks in a proactive and efficient manner. The Board has formeda Risk Management Committee to identify the risks impacting the business formulatestrategies/ policies aimed at risk mitigation as part of risk management. The RiskManagement Committee of the Company monitors and reviews the risk management plan of theCompany in accordance with the Risk Management Policy of the Company.
14. VIGIL MECHANISM / WHISTLE BLOWER POLICY
In Accordance of Section 177 of the Companies act 2013 the Company has constituted aWhistle Blower policy/ Vigil Mechanism to establish a vigil mechanism for the Directorsand employees to report genuine concerns in such manner as may be prescribed and to reportto the management instances of unethical behavior actual or suspected fraud or violationof company's code of conduct.
15. DISCLOSURE AS PER SEXUAL HARASSMENT OF WOMEN AT WORK PLACE (PREVENTION PROHIBITIONAND REDRESSAL) ACT 2013
The company has zero tolerance for sexual harassment at work places and has in place apolicy on prevention prohibition and redressal of sexual harassment at work place in theline of provisions of Sexual Harassment of women at work place (Prevention prohibitionand redressal) Act 2013 and the rules framed there under .
The following is a summary of sexual harassment complaints received and disposed offduring the year 2020-21.
Number of complaints received - NIL
Number of complaints disposed OFF - NIL
16. RELATED PARTY TRANSACTIONS
Related Party Transactions entered into during the Financial Year were on arm's lengthand in the 'ordinary course of business. There were no materially significant relatedparty transactions made by the Company with the persons /related party(s) as defined underSection 2(76) of the Companies Act 2013 which may have a potential conflict with theinterest of the Company at large. All Related Party Transactions were placed before theAudit Committee and the Board for approval. None of the Directors has any pecuniaryrelationship or transactions with the Company. The particulars of contracts orarrangements with related parties as required under Section 134(3)(h) in prescribed FormAOC - 2 are annexed herewith as 'Annexure III' to the Board's Report
(A) STATUTORY AUDITORS
M/S Gopal Sharma &Company Chartered Accountants ( Firm Registration No. 002803Cwere Appointed Statutory Auditors of the company at 28th Annual General Meeting for aperiod of five years i.e. till the conclusion of the 33th Annual General Meeting of thecompany.
The Members are requested to note that the MCA vide notification dated May 7 2018inter-alia notified an amendment to Section 139(1) of the Act whereby the requirement ofplacing appointment of the statutory auditors for ratification by the Members of theCompany at every AGM has been omitted.
The Remuneration of the said Auditors is proposed to be fixed by The Board on therecommendation of Audit Committee. The said Auditor will be paid out of pocket expenses inconnection with the audit.
The Statutory Auditors have not made any adverse comments or given any qualificationreservation or adverse remarks or disclaimer in their Audit Report on the FinancialStatements for Financial Year 2020-21 and the Report is self-explanatory. Further theStatutory Auditors have not reported any fraud in terms of Section 143(12) of the Act.
(B) INTERNAL AUDIT & INTERNAL FINANCIAL CONTROL AND ITS ADEQUACY
The Audit Committee and Board of Directors have approved Internal Control framework forthe internal financial control to be followed by the Company and such policies andprocedures adopted by the Company for ensuring the orderly and efficient conduct of itsbusiness including adherence to Company's policies safeguarding of its assetsprevention and detection of frauds and errors accuracy and completeness of the accountingrecords and timely preparation of reliable financial information and disclosures.
The Audit Committee periodically reviews and evaluates the effectiveness of internalfinancial control system. Pursuant to section 138 of company Act 2013 read with companies(Audit and Auditors) Rules 2014 every listed company is required to appoint an internalAuditor or a firm of internal Auditors to carry out internal Audit of the company.
M/S Ajay Khandelwal & Associates were appointed internal Auditors of the Companyfor the year ended 31st March 2021 under the provisions of Companies Act 2013.
The Board has re-appointed M/S Ajay Khandelwal & Associates Chartered Accountants Jaipur (Firm Reg. No. 012738C)as the internal Auditor of the company for the financialyear 2021-22.
The internal Audit Report is received yearly by the company and the same is reviewedand taken on record by the Audit Committee and Board of Directors .The Yearly InternalAudit Report as received for the financial year 2020-21 is free from any Qualification.
(C) SECRETARIAL AUDITORS AND SECRETARIAL AUDIT REPORT
Pursuant to provisions of Section 204 of the companies Act 2013 and the Rule 9 of thecompanies (Appointment and remuneration of managerial personnel) Rules 2014 Every listedcompany isrequired to appointment a Secretarial Auditor to carry out Secretarial Audit ofthe company.In consonance with the requirements of aforementioned M/S MKGP &ASSOCIATES Company Secretaries in Practices Jaipur (Registration No.P2016RJ058200) wereappointed as Secretarial auditors of the company for the Financial year 31st March 2021.
Secretarial Audit Report as issued by M/S MKGP & ASSOCIATES Companies secretariesin practices in respect of the secretarial audit of the company in form MR-3 for thefinancial year ended on 31st March 2021 is given in Annexure II to this Report.
The Board has re-appointed M/S MKGP & ASSOCIATES Companies secretaries Jaipur(Firm Reg. No. P2016RJ058200) as the Secretarial Auditor of the company for the financialyear 2021-22.
The Secretarial Audit report submitted by them is annexed. The company has notapproached the Exchange for Listing application of 1000000 equity shares issued underpreferential issue within 20 days from the date of allotment as per para 2 of Schedule XIXof SEBI-ICDR Reg 2018 (erstwhile108(2)) and as specified in SEBI Circular No.SEBI/HO/CFD/DIL2/CIR/P/2019/94 dated 19/08/2019.
18. MATERIAL CHANGES/EVENTS AND COMMITMENTS IF ANY
There were no material changes and commitments in the company. COVID-19 out breakaffecting the financial position of your Company which had occurred between the end of theFinancial Year i.e. March 31 2021.
In the wake of COVID-19 outbreak Government of India decided lockdown across thecountry from March 25 2020 and shut down all the non-essential business activities tocontain the spread of COVID-19 in the Country.
There has been no change in the nature of business of your Company. No significant ormaterial orders have been passed by the Regulators or Courts or Tribunals impacting thegoing concern status of the Company and / or the Company's operations in future.
19. INDEPENDENT DIRECTORS MEETING
During the year under reference one meeting of Independent directors was held on 12thJanuary 2021 in compliance with the requirement of Schedule IV of the Companies Act2013.At the said meeting performance of non-independent Directors Board as a whole andChairman of the Company was reviewed.
The Institute of corporate affairs serv data bank for independent director inaccordance with the provision of section 150 of the companies act 2013.
20. HUMAN RESOURCE DEVELOPMENT
Company values its Human Resources the most. To keep their morale high Company extendsseveral welfare benefits to the employees and their families by way of comprehensivemedical care education housing and social security.
21. CODE OF CONDUCT FOR PREVENTION OF INSIDER TRADING IN COMPANY'S SECURITIES
Your Company has formulated Code of Conduct for Prevention of Insider Trading inCompany's Securities ("Code") in accordance with SEBI (Prohibition of InsiderTrading) Regulations 2015 as amended. The objective of this Code is to protect theinterest of Shareholders at large to prevent misuse of any price sensitive informationand to prevent any insider trading activity by way of dealing in securities of the Companyby its Designated Persons. Mrs. Pravita Khandelwal Company Secretary and ComplianceOfficer of the Company is authorized to act as Compliance Officer under the Code.
22. PARTICULARS OF HOLDING/SUBSIDIARY/ ASSOCIATE COMPANIES
There is no subsidiary/associate of the company.
23. CORPORATE SOCIAL RESPONSIBILITY
Provisions of companies Act 2013 (section 135) relating to Corporate socialresponsibility does not apply to the company.
24. NOTICES RECEIVED/PENALTY IMPOSED
25. FAILURE TO IMPLEMENT ANY CORPORATE ACTION
26. PARTICULARS OF CONSERVATION OF ENERGY TECHNOLOGY ABSORPTION FOREIGN EXCHANGEEARNINGS AND OUTGO
(A) CONSERVATION OF ENERGY-
(i) the steps taken or impact on conservation of energy;
The operations of Company are not energy intensive.
(ii) the steps taken by the company for utilizing alternate sources of energy;
The Company is exploring alternative source of energy as and when the necessityarises.
(iii) the capital investment on energy conservation equipment;
(B) TECHNOLOGY ABSORPTION-
(i) The efforts made towards technology absorption;
The minimum technology required for the business has been absorbed.
(ii) The benefits derived like product improvement cost reduction product developmentor import substitution;
(iii) In case of imported technology;
(iv) The expenditure incurred on Research and Development NIL
(C) FOREIGN EXCHANGE EARNINGS AND OUTGO
The Foreign Exchange earned in terms of actual inflows during the year and theForeign Exchange outgo during the year in terms of actual outflows.;
27. EXTRACTS OF ANNUAL RETURN
Pursuant to section 134(3) and section 92(3) of the Companies Act2013 (hereinafterreferred as "Act") read with Rule 12 of the Companies (Management andAdministration ) Rules 2014 as amended an extract of Annual Return as on 31st March2021 in form MGT- 9 has been prepared and enclosed as Annexure -I which form part of thisreport.
28. PARTICULARS OF LOANS GUARANTEES OR INVESTMENTS
Pursuant to Section 186(11) of the Companies Act 2013 loans made guarantees given orsecurities provided or acquisition of securities by a Non-Banking Finance company in theordinary course of its business are exempted from disclosure in the Board's Report.
29. OUTLOOK ON NBFCs
India has been witnessing good growth in consumer leading in recent years and NBFCshave been growing this business much better than banks. NBFCs are here to stay and play animportant role in economic growth and financial inclusion. As India's economy grows therequirement for credit will rise more than proportionately. We need both banks and NBFCsto step up to the challenge and power the economy with free- flowing credit lines.
30. RBI GUIDELINES
During the year there were no frauds have been reported by the Company. The Companyhas continued to follow all applicable guidelines issued by the Reserve bank of India forNBFCs regarding Capital Adequacy Asset Classification and provisioning and incomerecognition on non-performing asset as applicable to category of NBFCs not acceptingPublic Deposits.
The Company has not accepted any deposits within the meaning of the Companies(Acceptance of Deposits) Rules 2014 or Chapter v of the Companies Act2013 and guidelinesand directions of Non-Banking Financial Companies (Acceptance of Public Deposits) (ReserveBank) Directions 2016 as prescribed by RBI in this regard and as such no details arerequired to be furnished.
32. DEPOSITS FROM DIRECTORS
During the financial year 2020-21 Company has not borrowed any amount from itsDirectors.
33. SHARE CAPITAL:
The Company has 4250600 Equity Shares of Rs. 10/- each amounting to Rs. 42506000during the year under review; the Company has issued 10 Lac Equity Share on preferentialbasis at 10 /- each and a premium 10/- each. The Company has not issued any kind ofconvertible instruments. The Company has only one class of Equity Share having a par valueof Rs. 10/-. Each holder of share is entitled to one vote per share with same rights.During the Year 2020-21 the Company has not made any Sweat Equity Shares and EmployeeStock Option.
34. DISCLOSURE ON SECRETARIAL STANDARDS BY DIRECTORS;
The company complies with all applicable Standards. The Directors have devised propersystems to ensure compliance with the provisions of all applicable Secretarial Standardsand that such systems are adequate and operating effectively.
Extra Ordinary Genral Meeting
35. According to section 100 under companies act 2013 company cunduct Extra Ordinarygeneral meeting two times for allotment of 10 Lac equity share through postal ballot.
36. Disclosures of Directors and Key Managerial Personnel on Remuneration
|S.No ||Name of Director/KMP and its designation ||Remuneration (or Sitting Fees) to the Director/KMP for the Financial Year 2020-21 ||Percentage Increase/Decrea se in remuneration in the Financial Year 2019-20 ||Ratio of Remuneration of each director to the Median Remuneration of Employees |
|1. ||Mr. M.L. Khandelwal (Chairman) ||8250.00 ||0.00 ||0.046 |
|2. ||Mr. Rajesh Khuteta ||900000.00 ||0.00 ||5.05 |
|3. ||Mr. Vishnu Dusad (Independent Director) ||8250.00 ||0.00 ||0.046 |
|4. ||Mr. Suresh Kumar Gupta (Independent Director) ||8250.00 ||0.00 ||0.046 |
|5. ||Mrs. Ruchi Gupta (Independent Director) ||8250.00 ||0.00 ||0.046 |
|6. ||Mrs. Pravita Khandelwal (Company Secretary) ||252000.00 ||0.00 ||1.41 |
|7. ||Mr. Hemant Gupta (C.F.O) ||240000.00 ||2.50 ||1.35 |
37. REMUNERATION OF NON-EXECUTIVE/EXECUTIVE DIRECTORS
Details pertaining to remuneration as required under Section 197(12) of the companiesact 2013 read with Rule 5(1) of the Companies (Appointment and Remuneration of ManagerialPersonnel) 2014:
* Only sitting fee is paid to Independent and non executive Directors.
i. The number of employees on the roll of the company are two.
ii. The Median Remuneration of Employees (MRE) of the Company is Rupees 178125.00.MRE of the year is increased by 33.23% compared to previous year.
iv. There is no variable component in remuneration of Directors of the Company.
v. The ratio of the remuneration of the highest paid director to that of the employeeswho are not Directors but receive remuneration in excess of the highest paid direct orduring the year-None.
vi. It is here by affirmed that the remuneration paid is as per the remuneration policyof the company.
38. DIRECTORS RESPONSIBILITY STATEMENT
Pursuant to the provisions of Section 134 (5) of the Companies Act 2013your Directorsstate that :
1. That in preparation of the annual accounts for The financial year ended 31st March2021 the applicable accounting standards have been followed along with proper explanationand there are no material departures from the same;
2. That they have selected such accounting policies and applied them consistently andmade 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 2021and of the profit or loss of the Company for that period;
3. That they have taken proper and sufficient care for the maintenance of properaccounting records in accordance with the provisions of the companies Act 2013 and rulesmade there under for safeguarding the assets of the Company and for preventing anddetecting fraud and other irregularities.
4. That they have prepared the annual accounts for the financial year ended 31st March2021 on a going concern basis. The Directors had laid down internal financial controls tobe followed by the Company and that such internal Financial controls are adequate and wereoperating effectively.
5. The directors had devised proper and systems to ensure compliance with theprovisions of all applicable laws and that such systems were adequate and operatingeffectively.
As per to SEBI (Listing Obligation & Disclosure Requirements) Regulations2015Company is not in preview of Corporate governance regulation. Hence Corporate GovernanceReport is no Enclosed with Directors Report
The Board would Like to place on record its sincere appreciation to all the employeesfor their continued efforts towards the growth of the company. The Board also wishes toplace on record the support extended by its Bankers and the trust reposed in it by itsshareholders.
|Regd. Office: || |
|301Metro Plaza || |
|GopalbariJaipur 302001 ||For and on behalf of the Board of Directors |
|DATE: 12.08.2021 ||CONTINENTAL SECURITIES LIMITED |
|Sd/- ||Sd/- |
|Rajesh Khuteta ||Madan Lal Khandelwal |
|Managing Director ||Chairman |
|DINNO. 00167672 ||DIN:- 00414717 |