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Golkunda Diamonds & Jewellery Ltd.

BSE: 523676 Sector: Consumer
NSE: N.A. ISIN Code: INE798D01015
BSE 00:00 | 24 Jan 90.10 1.70
(1.92%)
OPEN

92.35

HIGH

92.35

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86.25

NSE 05:30 | 01 Jan Golkunda Diamonds & Jewellery Ltd
OPEN 92.35
PREVIOUS CLOSE 88.40
VOLUME 4947
52-Week high 138.20
52-Week low 16.80
P/E 12.73
Mkt Cap.(Rs cr) 63
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00
OPEN 92.35
CLOSE 88.40
VOLUME 4947
52-Week high 138.20
52-Week low 16.80
P/E 12.73
Mkt Cap.(Rs cr) 63
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00

Golkunda Diamonds & Jewellery Ltd. (GOLKUNDADIAMOND) - Director Report

Company director report

To

The Members

GOLKUNDA DIAMONDS AND JEWELLERY LIMITED

Mumbai

Your Directors have pleasure in submitting their 31st Annual Report of theCompany together with the Audited Statements of Accounts for the year ended 3151March 2021

FINANCIAL RESULTS / STATE OF COMPANY'S AFFAIRS:

The summarized standalone results of your Company are given in the table below:

(Amt. in Rs)
Particulars

Financial year Ended

31/03/2021 *31/03/2020
Net Sales / Income from Business Operations 1734575071 1327449964
Other Income 4033017 3886983
Tot al Income 1738608088 1331336947
Provision for Depreciation / Amortization 4682934 4121202
Profit/(loss) after Depreciation & before Provision for Tax 38637053 30646746
Less: Provision for Income Tax (Current Tax) 11300000 8500000
Less: Deferred Tax 434178 314448
Net Profit/(Loss) After Tax 26902875 21832298
Amount of Dividend (Paid) 6964080 5571281
Earnings per share (Basic & Diluted) 3.86 3.13

‘Previous year's Figures have been regrouped / rearranged wherever necessary.

TRANSFER TO RESERVES:

During the year under review no amount has been transferred to General Reserves.

DIVIDEND:

Your Directors are pleased to recommend a final Dividend of Re.1.20/- i.e.@12% perEquity share for the financial year ended 31.03.2021.The Dividend if approved anddeclared in forthcoming Annual General Meeting would result a Dividend outflow ofRs.8356896/-.

Pursuant to Regulation 43A of SEBI (Listing Obligations and Disclosure Requirements)Regulations 2015 ("the Listing Regulations") the Dividend Distribution Policyduly approved by the Board is available on the website of the Company and can be accessedat on the Company's website at www.golkunda.com

TRANSFER OF UNCLAIMED SHARES/ UNPAID AMOUNT TO INVESTOR EDUCATION AND PROTECTION FUND:

Your Company does not have any funds as contemplated under Section 125 of the CompaniesAct 2013 lying unpaid or unclaimed which were required to be transferred lo InvestorEducation and Protection Fund (IEPF) during the period under review.

MATERIAL CHANGES AND COMMITMENT IF ANY AFFECTING THE FINANCIAL POSITION OF THE COMPANYOCCURRED BETWEEN THE END OF THE FINANCIAL YEAR TO WHICH THIS FINANCIAL STATEMENTS RELATEAND THE DATE OF THE REPORT:

There are no material changes and commitments affecting the financial position of theCompany occurred between the end of the financial year to which this Financial Statementsrelate and the date of this Report.

In view of recent surge in Covid-19 cases few states re-enforced lockdown likerestrictions for a short period which currently is not expected to have any significantimpact on company's operations/ results. The company continues to remain vigilant andcautious in this regard.

PARTICULARS OF LOANS GUARANTEES OR INVESTMENTS MADE UNDER SECTION 186 OF THE COMPANIESACT 2013:

The particulars of loans guarantees or investments made by the Company under Section186 of the Companies Act 2013 during the year under review are disclosed under therespective Schedules/Notes in the Financial Statements.

PARTICULARS OF CONTRACTS OR ARRANGEMENTS MADE WITH RELATED PARTIES:

All related party transactions that were entered into during the financial year were onarm's length basis and were in the ordinary course of the business. There are nomaterially significant related party transactions made by the Company with related partieswhich may have potential- conflict with interest of the Company at large. The particularsof such contract or arrangements entered into by the Company with related parties referredto in sub-section (1) of section 188 of the Companies Act 2013 are attached here within AnnexureI in Form No.AOC-2.

All Related Party transactions were placed before the Audit Committee and the Board forapproval.

The Policy of Related party transactions/Disclosures are approved by the Board isposted on the Company's website viz.www.golkunda.com.

SUBSIDIARIES JOINT VENTURES AND ASSOCIATE COMPANIES:

During the year under review your Company does not have any subsidiaries or jointventures or associate companies as defined under the Act.

HOLDING COMPANY:

Neverloose Properties & Investment Private Limited continues to be Holding Companywith 53.59% stake in the Company.

CHANGE IN THE NATURE OF BUSINESS:

There has been no change in the nature of business during the year under review.

DEPOSITS:

Your Company has neither accepted / renewed any deposits during the year nor has anyoutstanding deposits in terms of Section 73 to 76 of the Companies Act 2013.

SHARE CAPITAL:

As on 31st March 2021 the Issued Subscribed and Paid up Share Capital of yourCompany stood at Rs. 69640800/- (Rupees Six Crores Ninety Six Lacs Forty Thousand EightHundred Only) comprising 6964080 (Sixty Nine Lacs Sixty Four Thousand Eighty) EquityShares of Rs. 10/- each.

The Company has neither issued shares with differential voting rights nor granted anystock options or issue any sweat equity or issued any bonus shares. Further the Companyhas not bought back any of its securities during the year under review and hence nodetails / information invited in this respect.

INTERNAL FINANCIAL CONTROLS:

The internal financial controls with reference to the Financial Statements arecommensurate with the size and nature of business of the Company.

INTERNAL CONTROL SYSTEM AND THEIR ADEQUACY

Your Company maintains adequate internal control system and procedure commensurate withits size and nature of operations. The internal control system are designated to provide areasonable assurance over reliability in financial reporting ensure appropriateauthorization of transaction safeguarding the assets of the Company and preventmisuse/losses and legal compliance.

The internal control system includes a well defined delegation of authority and acomprehensive Management Information System coupled with quarterly reviews of operationaland financial performance a well structured budgeting process and Internal Audit. TheInternal Audit reports are periodically reviewed by the management and the Audit Committeeand necessary improvements are undertaken if required.

NUMBER OF BOARD MEETINGS CONDUCTED DURING THE YEAR UNDER REVIEW:

During the Financial Year under review the Company had 4(Four) Board meetings on31.07.2020 12.09.2020 11.11.2020 and 06.02.2021. The details of attendance of Directorsat the Board Meeting are disclosed under Corporate Governance section of Annual Report.

DIRECTORS AND KEY MANAGERIAL PERSONNEL:

In terms of Article of Association of the Company Mr. Arvind Dadha retires at theforthcoming Annual General Meeting and being eligible offers himself for reappointment.The details of Director being recommended for reappointment as required under the SEBI(Listing Obligations and Disclosure Requirements) Regulations 2015 are contained in theaccompanying Notice convening the ensuing Annual General Meeting of the company.

Mrs. Rajani Poddar Independent Director (DIN:07224114) is proposed forre-appointment as an Independent Director of the Company for a period of five years fromAugust 12 2021 to August 112026 who hold office as an Independent Director of theCompany upto the close of business hours on August 11 2021 in her present first term.

The Company has appointed Mr. Shashi Ashok Bekal as an Additional Independent Directorw.e.f. 21.06.2021. Pursuant to the provisions of 161 read wi1h 149 of the CompaniesAc12013 his appointment needs to be confirmed at the ensuing Annual General Meeting. TheCompany has received necessary letter under section 160 of the Companies Act 2013proposing his candidature as an Independent Director of the Company at the ensuing AnnualGeneral Meeting.

Mr. B.K. Ashok who was appointed as Independent Director has resigned w.e.f. 21.06.2021due to his pre-occupation with other commitments and inability to devote sufficient timeto the affairs of the Company.

The Company in its Board Meeting held on 21st June 2021 approved the changein designation of Mr. ArvindDadha (DIN:00317631) from Whole-time Director to ManagingDirector and Mr. KantikumarDadha (DIN: 00283289) from Chairman and Managing Director toChairman and Whole-time Director which is subject to approval of members in 31stAnnual General Meeting of the Company respectively.

The Company has received declarations from all the Independent Directors of the Companyconfirming that they meet with the criteria of the independence as prescribed both undersection 149(6) of the Companies Act 2013 and under Regulation 16 (1)(b) of SEBI (ListingObligations and Disclosure Requirements) Regulations 2015.

In accordance with the provisions of the Companies Act 2013 none of the IndependentDirectors are liable to retire by rotation

Mr. Ashish Dadha Chief Financial Officer and Ms. Kopal Jain Company Secretary wereappointed as Key Managerial Personnel of your Company in accordance with the provisionsof Section 203 of the Companies Act 2013 and there is no change in the same during theyear under review.

DIRECTORS RESPONSIBILITY STATEMENT:

In accordance with the provisions of Section 134(5) of the Companies Act 2013 theBoard hereby submit its responsibility Statement:-

(a) in the preparation of the Annual Accounts for 2020-21 the applicable AccountingStandards had been followed along with proper explanation relating to material departures;

(b) the Directors had 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 2020-21and of the profit and loss of the company for that period;

(c) the Directors had 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 had prepared the Annual Accounts on a going concern basis;

(e) that the Directors have laid down Internal Financial Controls to be followed by theCompany and that such Internal Financial Controls are adequate and were operatingeffectively during the year.

(f) the Directors had devised proper systems to ensure compliance with the provisionsof all applicable laws and that such systems were adequate and operating effectively.

DECLARATION OF INDEPENDENT DIRECTORS:

Pursuant to the provisions of Section 149 of the Act the Independent Directors havesubmitted declarationsthat each of them meet the criteria of independence as provided inSection 149(6) of the Companies Act 2013 and Rules framed thereunder and Regulation16(1)(b) of the Securities and Exchange Board of India(Listing Obligations and DisclosureRequirements) Regulations 2015. There has been no change in the circumstances affectingtheir status as Independent Directors of the Company during the year under review.

In the opinion of the Board the Independent Directors possess appropriate balance ofskills experience and knowledge as required for conducting the affairs of the Company

BOARD EVALUATION:

Pursuant to provisions of Companies Act 2013 and Schedule IV of SEBI (ListingObligations and Disclosure Requirements) Regulations 2015(LODR)the Board has carriedout an Annual Performance Evaluation of its own performance the Directors individually aswell as the evaluation of the working of its Committees.

In line with effective governance requirements the Board reviews its own performanceannually using a pre-determined template designed as a tool to facilitate the evaluationprocess. The assessment was built around the functioning of the Board as a whole itsCommittees and also the evaluation of Individual Directors.

While the individual Directors' performance was reviewed by the Chairman and the restof the Board excluding the Director being evaluated the Chairman's and Non-independentDirectors performance was appraised through feedback from Independent Directors.

AUDIT COMMITTEE:

The Audit Committee consists of the following members as on 31st March2021.

Sr. No. Name Category
1. Mr. Vinod Kankariya (Chairman) Independent Non- Executive Director
2. Mrs. Rajani Poddar (Member) Independent Non- Executive Director
3. Mr. Askokkumar Bekal (Member) Independent Non- Executive Director

During the year under review the Board has accepted all the recommendation of theAudit Committee.

The details terms of reference meetings of committee attendance of members atCommittee meetings are available in the Corporate Governance Report and forms part of thisAnnual Report.

WHISTLE BLOWER POLICY / VIGIL MECHANISM:

In compliance with the provisions of section 177(9) of the Companies Act 2013 andRegulation 22of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015(LODR) the Company has established a vigil mechanism for the Directors and employees ofthe Company to report concerns about unethical behaviour actual or suspected incidents offraud or violation of Code of Conduct.

The Vigil Mechanism/Whistle Blower Policy may be accessed on the Company's website atwww.golkunda.com

FAMILIARIZATION PROGRAMME FOR INDEPENDENT DIRECTORS:

Pursuant to requirements of SEBI (Listing Obligations and Disclosure Requirements)Regulations 2015 the Company has a familiarization programme for Independent Directorswith regard to their role rights responsibilities in the Company nature of the industryin which the Company operates business model of the Company etc. The Board Members areprovided with all necessary documents/reports and internal policies to enable them tofamiliarize with the Company's procedures and practices and keep themselves abreast of thelatest corporate regulatory and industry developments.

The same has been posted on website of the Company viz; www.golkunda.com.

RISK MANAGEMENT:

The Company has in place a mechanism to identify assess monitor and mitigate variousrisks to key business objectives. Major risks identified by the businesses and functionsare systematically addressed through mitigating actions on a continuing basis. Some of therisks faced by the Company are raw material price risk financial risk foreign currencyrisk etc. At present there are no risks which in the opinion of the Board threaten theexistence of the Company.

NOMINATION & REMUNERATION COMMITTEE

In compliance with the provisions of Companies Act 2013 your Company has‘Nomination & Remuneration Committee' with scope and functions as stipulatedunder the Companies Act 2013 and SEBI (LODR) Regulations.

The Nomination and remuneration Committee consists of the following members as on 31stMarch 2021.

Sr. No. Name Category
1 Mr. Vinod Kankariya (Chairman) Independent Non- Executive Director
2 Mrs. Rajani Poddar (Member) Independent Non- Executive Director
3 Mr. Askokkumar Bekal (Member) Independent Non- Executive Director

The terms of reference meetings of Committee attendance of members at Committeemeetings are available in the Corporate Governance Report and forms part of this AnnualReport.

NOMINATION AND REMUNERATION POLICY

Pursuant to provisions of Section 178 of the Companies Act 2013 the Board has onrecommendation of Nomination & Remuneration Committee formulated a Policy onDirectors' appointment and remuneration including criteria for determining qualificationspositive attributes independence of a Director and other matters provided under Section178(3) of Companies Act 2013.

STAKEHOLDERS RELATIONSHIP COMMITTEE:

Your Company has ‘Stakeholders Relationship Committee' with enhanced scope andfunctioning. The Stakeholders Relationship Committee consists of the following members ason 31st March 2021.

Sr. No. Name Category
1 Mr. Vinod Kankariya (Chairman) Independent Non- Executive Director
2 Mrs. Rajani Poddar (Member) Independent Non- Executive Director
3 Mr. Askokkumar Bekal (Member) Independent Non- Executive Director

The terms of reference meetings of committee attendance of members at Committeemeetings are available in the Corporate Governance Report and forms part of this AnnualReport.

SECRETARIAL AUDITORS AND SECRETARIAL AUDIT REPORT:

Pursuant to the provisions of Section 204 of the Act read with rules thereunder theBoard at its meeting held on 21st June 2021 has appointed Kala Agarwal a firmof Practicing Company Secretaries to conduct Secretarial Audit of the Company for theFinancial Year 2021-22.

The Secretarial Audit Report in Form No. MR-3 is provided as an "Annexure-II"to this Report. The Secretarial Audit Report does not contain any qualificationsreservations or adverse remarks.

Further in terms of the provisions of the Circular No. CIR/ CFD/CMD1/27/2019 dated 8thFebruary 2019 issued by Securities and Exchange Board of India (SEBI) Kala AgarwalPractising Company Secretaries have issued the Annual Secretarial Compliance Report forthe financial year ended 31st March 2021 thereby confirming compliance of the applicableSEBI Regulations and circulars / guidelines issued there under by the Company.

STATUTORY AUDITORS AND AUDIT REPORT:

M/s. Motilal & Associates LLP (Formerly known as Motilal & Associates) is theStatutory Auditors of the Company and their Audit Report forms part of Annual Report. Themembers in the Annual General Meeting held on September 28 2019 have appointed M/s.Motilal & Associates LLP (Formerly known as Motilal & Associates) CharteredAccountants (FRN 106584W) as Statutory Auditors of the Company to hold office from theconclusion of 29th Annual General Meeting of the Company until the conclusion of theAnnualGeneral Meeting of the Company to be held in year 2024. The requirement of ratification ofappointment of Statutory Auditors every year by the members of Company have been withdrawnw.e.f. May 7 2018 vide Companies (Amendment) Act 2017 hence this business has not beenincluded in the AGM Notice. During the year under review the Audit Report does notcontain any qualifications reservations adverse remarks or disclaimer and no frauds werereported by the Auditors of the Company under Section 143 (12) of the Companies Act 2013.

The Statutory Auditors have given a confirmation to the effect that they are eligibleto continue with their appointment and that they have not been disqualified in any mannerfrom continuing as Statutory Auditors.

EXPLANATION OR COMMENTS ON QUALIFICATIONS RESERVATIONS OR ADVERSE REMARKS ORDISCLAIMERS MADE BY THE AUDITORS:

There were no qualifications reservations or adverse remarks made by the Auditors intheir Report. The comments by the auditors in their Report read along within formation andexplanation given in Notes to Accounts are self explanatory and do not call for furtherexplanation.

DETAILS OF FRAUD:

There were no frauds which are reported to have been committed by Employees or Officersof the Company.

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

There were no material orders passed by the judicial or Quasi Judicial Authority whichaffects the Going Concern Status of the Company during the year under review.

MANAGEMENT AND DISCUSSION ANALYSIS REPORT

Pursuant to Regulation 34 of the Listing Regulation Management Discussion and AnalysisReport containing information inter-alia on industry trends your Company'sperformance future outlook opportunities and threats for the year ended 31stMarch 2021 is provided in a separate section forming integral part of this Annualreport.

EXTRACTS OF ANNUAL RETURN:

The extracts of Annual Return pursuant to the provisions of Section 92 read with Rule12 of the Companies (Management and administration) Rules 2014isfurnished‘Annexure-III'and is attached to this Report.

CODE OF CONDUCT FOR PREVENTION OF INSIDER TRADING:

The Board of Directors has adopted the Insider Trading Policy in accordance with therequirements of SEBI (Prohibition of Insider Trading) Regulation 2015. The InsiderTrading Policy of the Company lays down the guidelines and procedure to be followed anddisclosures to be made while dealing

with the shares of the Company. The policy has been formulated to regulate monitorand ensure reporting of dealings by employees. The Insider Trading Policy of the Companycovering code of practices and procedures for fair disclosures of unpublished pricesensitive information and code of conduct for prevention of insider trading is availableon the website of the Company.

LISTING FEES:

The Equity Shares of the Company is listed on BSE Limited and the Company has paid theapplicable listing fees to the Stock Exchange till date.

INFORMATION UNDER REGULATION 34 (3) READ WITH SCHEDULE V OF SECURITIES AND EXCHANGEBOARD OF INDIA (LISTING OBLIGATIONS AND DISCLOSURE REQUIREMENTS) REGULATIONS 2015:

The Company does not have shares lying with the Company in Unclaimed Suspense Accountas on March 312021.

CONSERVATION OF ENERGY TECHNOLOGY ABSORPTION FOREIGN EXCHANGE EARNINGS AND OUTGO:

(A) CONSERVATION OF ENERGY AND TECHNOLOGYABSORPTION

(B) Conservation of energy:

The Company is engaged in manufacturing of gems and jewellery and as such itsoperations do not account for substantial energy consumption. Air Curtains have beeninstalled in production areas where doors are required to keep open for operationalpurposes. These Air Curtains reduces penetration of insects and unconditioned air into aconditioned space resulting into preservation of air conditioning effect and lowconsumption of power. However the Company is taking all possible measures to conserveenergy. Several environment friendly measures were adopted by the Company such asInstallation of capacitors to save power Installed Thin Film Transistor (TFT) monitorsthat saves power LED Lights Creating environmental awareness by way of distributing theinformation in electronic form Minimizing air-conditioning usage Shutting off all thelights when not in use.

Technology absorption:

The Company continuously monitors and keep track of technological up gradation in thefield of Jewellery manufacturing and the same are reviewed and considered forimplementation. Your Company continued its focus on quality up-gradation and productenhancements.

The benefits derived like product improvement cost reduction product development orimport substitution

a. Enhanced productivity & reduction in production time

b. Total traceability of each piece during entire manufacturing process throughcustomized software

c. Reduction in re-work & rejection in manufacturing.

d. Enhancement of product spectrum e. Improvement in quality of existing products.

(C) FOREIGN EXCHANGE EARNINGS AND OUTGO

Foreign Exchange Earning:
Export at FOB basis: 1697969861 1697969861
Foreign Exchange Outgo:
Value of Import on CIF basis
Raw Material 262475583
Studded Jewellery 24844055
Capital Goods 2290685
Business Promotion Expenses 23737 289634060

EMPLOYEES:

Information on particulars of employees' remuneration as per Section 197 of theCompanies Act 2013 read with Rule 5(2) of the Companies (Appointment and Remuneration ofManagerial Personnel) Rules 2014 is reported to be nil as there are no employees who arein receipt of remuneration above the prescribed limit.

The details in terms of Sub - Section 12 of Section 197 of the Companies Act 2013 readwith Rule 5 (1) of the Companies (Appointment and Remuneration of Managerial Personnel)Rules 2014 are forming part of this Report as ‘Annexure IV'.

PREVENTION OF SEXUAL HARASSMENT COMMITTEE

As per the requirement of Sexual Harassment of Women at the Workplace (PreventionProhibition and Redressal) Act 2013 (POSH) your Company has a robust mechanism in placeto redress the complaints reported under this Act. The Company has complied withprovisions relating to the constitution of Internal Complaints Committee (ICC) under POSH.The Internal Complaints Committee (ICC) composed of internal members and an externalmember who has extensive experience in the relevant field. The said Committee meetsregularly and takes up programs to spread awareness and educate employees about preventionof Sexual Harassment at Workplace.

Following is the status of sexual harassment complaints during the financial year underreview:

Sr. No Particulars No. of Complaints
1 Number of complaints filed during the financial year Nil
2 Number of complaints disposed of during the financial year NA
3 Number of complaints pending as on end of the financial year. NA

CORPORATE GOVERNANCE:

A separate section covering the Management Discussion and Analysis and CorporateGovernance as per the requirements of SEBI (Listing Obligations and DisclosureRequirements) Regulations 2015 (LODR) is attached herewith and forms a part of thisreport.

The requisite certificate from the Statutory Auditors of the Company i.e. M/s. Motilal& Associates LLP (Formerly known as Motilal & Associates) Mumbai confirmingcompliance with the conditions of Corporate Governance as stipulated under regulation 34(3) and schedule V of the Securities and Exchange Board of India (Listing Obligations andDisclosure Requirements) Regulations 2015 is annexed to this Report.

The declaration signed by the Managing Director of the Company regarding compliance ofCode of Conduct for Board members and Senior Management personnel forms part of thisReport.

SECRETARIAL STANDARDS

The Company complies with the Secretarial Standards issued by the Institute of CompanySecretaries of India which are mandatorily applicable to the Company. The same has alsobeen confirmed by Secretarial Auditors of the Company in the Secretarial audit Report

CEO / CFO CERTIFICATION:

In accordance with the provisions of the SEBI (Listing Obligations and DisclosureRequirements) Regulations 2015 pertaining to Corporate Governance norms Mr. Kanti KumarDadha Managing Director and Mr. Ashish Dadha Chief Financial Officer has certifiedinter-alia on review of financial statements and establishing and maintaining internalcontrols for the financial year ended 31.03.2021.

ACKNOWLEDGEMENTS AND APPRECIATIONS:

Your Directors take this opportunity to thank the Company's customers members vendorsand Banker for their continued support during the year. Your Directors also wish to thankthe Government of India and its various agencies the Santacruz Electronics ExportProcessing Zone the Customs and Excise/ GST department the Reserve Bank of India theState Governments of Maharashtra and other local Government Bodies for their support andlook forward to their continued support in the future. Your Directors also place on recordtheir appreciation for the excellent contribution made by all Employees of the Companythrough their commitment competence co-operation and diligence to duty in achievingconsistent growth for the Company.

FOR AND ON BEHALF OF THE BOARD OF DIRECTORS
GOLKUNDA DIAMONDS AND JEWELLERY LIMITED
Date: 21.06.2021 KANTIKUMAR DADHA
Place: Mumbai Chairman &Managing Director

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