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Integra Capital Management Ltd.

BSE: 531314 Sector: Financials
NSE: N.A. ISIN Code: INE366H01012
BSE 00:00 | 26 Sep 21.85 0
(0.00%)
OPEN

24.05

HIGH

24.05

LOW

21.85

NSE 05:30 | 01 Jan Integra Capital Management Ltd
OPEN 24.05
PREVIOUS CLOSE 21.85
VOLUME 115
52-Week high 31.00
52-Week low 16.30
P/E
Mkt Cap.(Rs cr) 10
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00
OPEN 24.05
CLOSE 21.85
VOLUME 115
52-Week high 31.00
52-Week low 16.30
P/E
Mkt Cap.(Rs cr) 10
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00

Integra Capital Management Ltd. (INTEGRACAPITAL) - Director Report

Company director report

Your Directors have pleasure in presenting the Thirty First Annual Report and theAudited Accounts for the year ended 31st March 2021.

FINANCIAL RESULTS
Rupees in Lacs
2020 2021 2019 2020 2018 2019
Total Income 55.90 16.68 31.42
Expenditure (14.44) (64.67) (20.74)
(41.45) 47.99 10.68
Non Cash Charges - - -
Profit/(Loss) Before Tax (41.45) (47.99) 10.68
Tax Expense - (5.28) -
Profit/(Loss) After Tax (41.45) (53.27) 10.68

No amount has been transferred to `Reserves'; and no material change or commitment hasoccurred after the close of the Financial Year 2020-21 till the date of this Report whichaffects the financial position of the Company.

OPERATIONS

The Company is categorized as B group NBFC “Non-Public Deposit AcceptingCompany” by the Reserve Bank of India. During the year under report the Company didnot transact any hire purchase and/or leasing business. The Company continued to engage inits wealth/assets management business; and investments in shares & stocks mutualfunds fixed deposits etc. and consultancy & advisory services. The Company ishowever constantly looking for suitable business opportunities to engage in and enhanceits revenues.

The overall running of the Company's affairs/operations has remained satisfactory.

DEPOSITS

The Company has not accepted any fixed deposits during the period under report; and thefixed deposits as at the end of the year 31.03.2021 stood at Rupees Nil.

AUDITORS REPORT

The observations of the Auditors are self explanatory; and therefore do not call forany further comment/s. Auditors have neither made any adverse remarks nor have reportedany fraud under Section 143(12) of the Companies Act 2013.

DIVIDEND

Due to the past losses and with a view to conserve resources the Board of Directors donot recommend declaration of any dividend for the year ended 31st March 2021.

DIRECTORS

Mr. Pankaj Vohra who retires by rotation at the ensuing Thirty first Annual GeneralMeeting and being eligible offers himself for re-appointment. The Directors recommendhis re-appointment which would enable the Company to obtain his continued valuableguidance in the conduct of the Company's affairs.

AUDITORS

In accordance with the Companies Act 2013 the statutory auditors of the Company M/s.GSA & Associates LLP Chartered Accountants New Delhi were appointed as statutoryauditors of the Company for a period of five years at the Twenty Nineth Annual GeneralMeeting and their re-appointment to be ratified every year at such remuneration plusservice tax out of pocket expenses etc as may be mutually agreed upon between the Boardof Directors of the Company and the Auditors

CONSERVATION OF ENERGY TECHNOLOGY ABSORPTION FOREIGN EXCHANGE EARNINGS & OUTGO

The Company is not a manufacturing Company. Therefore conservation of Energy &Technology Absorption is not applicable. The Company has neither earned nor spent onforeign exchange.

DECLARATION OF INDEPENDENT DIRECTORS

All Independent Directors have given declaration that they meet the criteria ofindependence as provided under Section 149 of the Act and the Listing Agreement.

AUDIT COMMITTEE

An Audit Committee had been constituted consisting of the following Directors of theCompany: 1. Shri Neeraj Kumar Goel - Chairman 2. Smt. Saroj Bhandari 3. Shri T.S Sridharan

SECRETARIAL AUDIT REPORT

Secretarial Audit Report for the financial year ended 31st March 2021 pursuant toSection 204(1) of the Companies Act 2013 and the rules framed thereunder and obtainedfrom the Practicing Company Secretary is annexed with this report. It does not call forany comments.

PAYMENT OF LISTING FEE

The annual listing fee for the year under review has been paid to BSE Limited Mumbaifor the financial year 2021-22.

DEMAT OF COMPANY'S EQUITY SHARES

In compliance with the SEBI's Requirements and Guidelines the Company has continuedwith Registrar and Transfer Agents M/s Alankit Assignements Limited 2 E/21 JhandewalanExtension New Delhi-110055 as Registrar and Share Transfer Agent. National SecuritiesDepository Limited (NSDL) and Central Depository Services (India) Ltd. (CDSL) have beenappointed for the purpose of demat of the equity shares of the Company and connectivitywith them has been established.

SHARE CAPITAL

During the year under report there has been no change in the Authorised Subscribedand Paid-up Share Capital of the Company.

BOARD MEETINGS

There were four (4) meetings of the Board of Directors held during the year.

EXTRACT OF ANNUAL RETURN

Extract of the Annual Return in Form No. MGT-9 is attached as Annexure `A ‘.

INTERNAL FINANCIAL CONTROLS

The Company has adequate internal financial controls consistent with the nature ofbusiness and size of operations to effectively provide for safety of its assetsreliability of financial transactions with adequate checks and balances adherence toapplicable statutes accounting policies approval procedures and to ensure optimum use ofavailable resources. These systems are reviewed and improved on regular basis by themanagement as well as by the internal auditors appointed by the Company.

CORPORATE GOVERNANCE

The compliance of 15(2) of SEBI LODR Regulation 2015 of the Listing Agreement is notmandatory/ applicable; and therefore the information required there under has not beenincorporated in the Report.

CORPORATE SOCIAL RESPONSIBILITY (CSR)

Provisions in regard to Corporate Social Responsibility (CSR) are not applicable to theCompany.

VIGIL MECHANISM FOR DIRECTORS/EMPLOYEES

This clause is not applicable to the Company.

POLICY AND REMUNERATION COMMITTEE MANAGERIAL REMUNERATION

NIL

ANNUAL EVALUATION BOARD AND ITS COMMITTEE/S

The performance of the Board and of each committee has been evaluated by its membersand found to be satisfactory.

PARTICULARS OF LOANS GUARANTEES OR INVESTMENTS UNDER SECTION 186 of the Companies Act2013. None

PARTICULARS OF CONTRACTS OR ARRANGEMENTS WITH RELATED PARTIES

Form No. AOC-2 is attached as Annexure `B ‘

RISK MANAGEMENT

The Company has appropriate risk management policy commensurate with the size of theCompany.

PREVENTION OF SEXUAL HARASSMENT AT WORKPLACE

As per the requirements of the sexual harassment at workplace (Prevention Prohibition& Redressal) Act 2013 (POSH Act) and rules made thereunder the company hasconstituted Internal Committees (IC). While maintaining the highest governance norms theCompany has appointed external independent persons who worked and have the requisiteexperience in handling such matters as Chairpersons of each of the

Committees. During the year no complaints with allegations of sexual harassment werereceived by the Company.

DIRECTORS' RESPONSIBILITY STATEMENT

In terms of the Directors' Responsibility Statement referred to in clause (c) ofsubsection (3) of Section 134 of the Companies Act 2013 the Directors confirm that:

a) in the preparation of the annual accounts the applicable accounting standards hadbeen followed along with proper explanation relating to material departures; b) thedirectors 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; c) the directors had taken proper and sufficientcare for the maintenance of adequate accounting records in accordance with the provisionsof this Act for safeguarding the assets of the company and for preventing and detectingfraud and other irregularities; d) the directors had prepared the annual accounts on agoing concern basis; and e) Being a listed company the directors had laid down internalfinancial controls to be followed by the company and that such internal financial controlsare adequate and were operating effectively f) the directors had devised proper systems toensure compliance with the provisions of all applicable laws and that such systems wereadequate and operating effectively.

ACKNOWLEGEMENT

Your Directors wish to convey their grateful thanks and appreciation of the supportassistance and co-operation extended to the Company by the employees the members and/orthe associates.

By Order of the Board of Directors
Place: New Delhi
Dated: 01st August 2021 Chairman
Registered Office:
32 Regal Building
Sansad Marg
New Delhi 110 001

.