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KMF Builders & Developers Ltd.

BSE: 531578 Sector: Infrastructure
NSE: N.A. ISIN Code: INE580H01026
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NSE 05:30 | 01 Jan KMF Builders & Developers Ltd
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VOLUME 210
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P/E 12.50
Mkt Cap.(Rs cr) 4
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OPEN 3.05
CLOSE 3.14
VOLUME 210
52-Week high 5.20
52-Week low 1.54
P/E 12.50
Mkt Cap.(Rs cr) 4
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00

KMF Builders & Developers Ltd. (KMFBUILDERS) - Director Report

Company director report

To the Members of KMF Builders and Developers Limited

Your Directors with great pleasure present the 26th Annual Report together with theaudited statement of accounts for the financial year ended 31st March 2021

1. FINANCIAL RESULTS

PARTICULARS (Fig in Rs.) 2020-21 (Fig in Rs.) 2019-20
Income 46229000 17565817
Expenses 41988263 15442702
Profit (before tax) 4240737 2123115
Tax Expense 738288 662966
Profit /(Loss ) for the period 3502449 1460149
Other Comprehensive income 0 0
Total Period for the year 3502449 1460149

2. COVID -19 IMPACT:

The outbreak of Corona virus (COVID-19) pandemic globally and in India has resulted inslow down of economic activities. The Company has evaluated the impact of this pandemic onits business operations during the year ended March 31 2021. The pandemic has materiallyimpacted revenues of the Company for the year ended March 31 2021.

The extent to which the pandemic will impact Company's results will depend on futuredevelopments which are highly uncertain including among things any new informationconcerning the severity of the COVID-19 pandemic and any action to contain its spread ormitigate its impact whether government mandated or elected by the Company. Given theuncertainty over the potential macro-economic condition the impact of global healthpandemic may be different from that estimated as at the approval of these financialstatements and the Company will continue to closely monitor any material changes to futureeconomic conditions.

3. DIVIDEND

In view of the business condition during the year the Board of Directors of yourCompany regret their inability to recommend any dividend for the year ended on 31st March2021.

4. TRANSFER TO RESERVES

The Company has not transferred any amount to the Reserves for the Financial Year2020-2021.

5. TRANSFER OF UNPAID AND UNCLAIMED AMOUNT TO IEPF

Pursuant to the provisions of Section 124(5) of the Companies Act 2013 dividend andRefund of Share application Money due for refund which remains unpaid or unclaimed for aperiod of seven years from the date of its transfer to unpaid dividend/ unclaimed accountis required to be transferred by the Company to Investor Education and Protection Fund(IEPF) established by the Central Government and there provisions of Section 125 of theCompanies Act 2013. During the year no amount was due for transfer to IEPF.

6. DEPOSITORY SYSTEM

Your Company's equity shares are available for dematerialization through NationalSecurities Depository Limited and Central Depository Services (India) Limited. As on March31 2021 87.35% of the equity shares of the Company were held in dematerialized form.

7. CHANGES IN THE NATURE OF BUSINESS

There has been no change in the nature of the business of the Company during theFinancial Year 2020-2021

7. MATERIAL CHANGES AND COMMITMENTS

There were no material changes and commitments that occurred subsequent to the end ofthe financial year till the date of this report which affects the financial position ofthe Company.

8. CHANGE IN SHARE CAPITAL

There is no change in share capital structure of the Company during the financial Year2020-2021

9. FIXED DEPOSITS

The company has not accepted any deposits from the public to which the directivesissued by the Reserve Bank of India and the provisions of Section 73 to 76 of theCompanies Act 2013 and other relevant provisions of the Companies Act 2013 and the rulesframed there under apply

9. HUMAN RESOURCES DEVELOPMENT

Many initiatives have been taken to support business through organizationalefficiently process change support and various employee engagement programs which hashelped the Organization to achieve higher productivity level. A significant effort hasalso been undertaken to develop leadership as well as functional capacities in order tomeet future talent requirement.

The Company's HR process such as hiring and on-boarding fair transparent on lineperformance evaluation and talent management process state-of-the-art workmen developmentprocess and market assigned policies have been seen as benchmark practice in the Industry.The Employees are encouraged to express their views and are empowered to workindependently. The Employees are given the opportunity to learn through various smallproject which make them look at initiatives from different perspectives and thus providethem with the platform to become result oriented. The Management of the Company enjoycordial relation with its employees at all levels. The Board of Directors wish to placeits highest appreciation for the contribution made by all the employees in achievinggrowth of the Company.

10. SUBSIDIARY COMPANIES

The Company does not have any Subsidiary Company.

11. CORPORATE GOVERNANCE REPORT

The Company is committed to maintaining the highest standards of Corporate Governanceand adhering to the corporate governance requirements as set out by Securities andExchange Board of India. The report on Corporate Governance for the financial year endedMarch 31 2021 as per regulation 34(3) read with Schedule V of the SEBI (ListingObligations and Disclosure Requirements) Regulations 2015 forms a part of this AnnualReport. The requisite Certificate from the Statutory Auditors of the Company confirmingcompliance with the conditions of Corporate Governance is annexed to this Report. Althoughthis is not applicable to company

12. MANAGEMENT DISCUSSION AND ANALYSIS REPORT

A detailed review of operations performance and future outlook of the Company iscovered under a Annexure A which forms part of this report.

13. DIRECTORS' RESPONSIBILITY STATEMENT

Pursuant to the requirement of Section 134(5) the Act and based on the representationsreceived from the management the directors hereby confirm that:

i. In the preparation of the annual accounts for the financial year ended March 312021 the applicable accounting standards have been followed along with proper explanationrelating to material departures.

ii. They have 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 as

at March 31 2021 and of the profit of the Company for the year ended on March 312021.

iii. They have taken proper and sufficient care for the maintenance of adequateaccounting records in accordance with the provisions of the Companies Act and rules madethereunder as amended for safeguarding the assets of the Company and for preventing anddetecting fraud and other irregularities.

iv. They have prepared the annual accounts for financial year ended March 31 2021on a'going concern' basis.

v. They have laid down internal financial controls to be followed by the Company andthat such internal financial controls are adequate and have been operating efficiently.

vi. They have devised proper systems to ensure compliance with provisions of allapplicable laws and that such systems were adequate and operating effectively.

14. AUDITORS STATUTORY AUDITORS

M/s C S Nagendra & Co Chartered Accountants(Firm Registration Number: 009486S)the

Statutory Auditor of the Company were appointed in the 23rd Annual General Meeting ofthe company held on 24th September 2018 from conclusion of the said meeting until theconclusion of 27th Annual General Meeting (subject to ratification of their appointment bythe members at every Annual General Meeting) at such remuneration as may be fixed by theBoard of Directors. The Companies Act 2013 and the Companies (Audit and Auditors) Rules2014 have since been amended vide notification dated 7th May 2018 of Ministry ofCorporate Affairs and the requirement of ratification of appointment of Statutory Auditorsby the Members at every Annual General Meeting has been done away with. Accordingly noratification of Appointment of M/s C S Nagendra & Co Chartered Accountants as theStatutory Auditors of the Company by the members is being sought in the ensuing AnnualGeneral Meeting.

During the year the Statutory Auditors have confirmed that they satisfy theIndependence Criteria required under the Companies Act 2013 and Code of Ethics issued bythe Institute of Chartered Accountants of India.

M/s. C S Nagendra & Co have provided their consent and eligibility certificateunder section 141 of the Companies Act 2013 to continue as the Statutory Auditors of theCompany for the remaining period of their tenure.

SECRETARIAL AUDITOR

As required under Section 204 of the Companies Act 2013 and Rules thereunder theBoard appointed Mr. Deepak Sadhu a firm of Company Secretaries in practice to undertakethe Secretarial Audit of the Company. The Secretarial Audit Report of the Company for theFinancial Year 2020-2021 is annexed to this Report.

15. AUDITOR'S AND SECRETARIAL AUDITOR'S REPORT

There are no disqualifications reservations or adverse remarks or disclaimers in theAuditors and Secretarial Auditors Report.

The Board further confirms that the Company has complied with all the provisions of theSecretarial Standards issued by the Institute of Company Secretaries of India

16. FRAUD REPORTING:

There have been no instances of fraud reported by the Auditors under Section 143(12) ofthe Companies Act and Rules framed thereunder either to the Company or to the CentralGovernment.

17. BOARD'S RESPONSE ON THE REMARKS MADE BY STATUTORY AUDITORS AND SECRETARIAL AUDITORS

There were no qualifications reservations and adverse remarks made by the statutoryauditors in their Audit Report and by the Company Secretary in practice in theirSecretarial Audit report.

18. CONSERVATION OF ENERGY TECHNOLOGY ABSORPTION AND FOREIGN EXCHANGE EARNINGS ANDOUTGO

The particulars as prescribed under Rule 8(3) of the Companies (Accounts) Rules 2014are set out in an Annexure-1 to this Report.

19. ANNUAL RETURN

In compliance with the provisions of section 134 (3)(a) of Companies Act 2013 theextract of Annual Return of the company as per Sub-Section (3) of Section 92 of the act isavailable on the company website of the company www.kmfbuilders.com

19. DEPOSIT FROM PUBLIC

The Company has not accepted any deposits from public and as such no amount on accountof principal or interest on deposits from public was outstanding as on the date of thebalance sheet.

20. DETAILS OF DIRECTORS OR KMP'S APPOINTMENT OR RESIGNATION DURING THE YEAR

There is a change during the year.With deep regret we report the sad demise of ourIndependent Director Mr. Aniruddh Singh on March 11 2021. Your Directors would like toplace on record their highest gratitude and appreciation for the guidance given by Mr.Aniruddh Singh to the Board during his tenure as a director.

Retirement

Mr. Kavita Chadha Director retires by rotation and being eligible has offered herfor re-appointment. The Board recommends the same for your approval.

The brief resume of the Directors seeking appointment in the forthcoming Annual GeneralMeeting in Pursuance of Regulation 36(3) of SEBI (Listing Obligations and DisclosureRequirements) Regulations 2015 is annexed to the Annual General Meeting Notice.

26. DIRECTORS AND KEY MANAGERIAL PERSONNEL:

In accordance with the Articles of Association of the Company and the provisions of theSection 152(6)(e) of the Companies Act Mrs. Kavita Chadha (DIN: 03304018) will retire byrotation at the ensuing Annual General Meeting and being eligible offered herself forre-appointment Mr. Gorve Chadha (DIN: 06407884) - Executive Chairman and ManagingDirector Mr. Pradeep Kumar Malik - Chief Financial Officer and Ms. Priyanka Behl -Company Secretary and Compliance Officer are the Key Managerial Personnel of the Companyas at the date of this Report . Mr. Chirag Salaria and Mr. Mani Suresh Babu are NonExecutive Directors of the company.

21. DECLARATION BY INDEPENDENT DIRECTORS

The Company has received the necessary declaration from each Independent Director inaccordance_with Section 149(7) of the Companies Act 2013 that he met the criteria ofindependence as laid out in sub-section (6) of Section 149 of the Companies Act 2013 andthe Regulation 16(1)(B) of the SEBI (Listing Obligations and Disclosure Requirements)Regulations 2015.

The Board is of the opinion that the Independent Directors of the Company possessrequisite qualifications experience and expertise in the field of finance strategyauditing tax risk advisory financial services and infrastructure and real estateindustry and they hold the highest standards of integrity.

In compliance with the rule 6(1) of the Companies (Appointment and Qualification ofDirectors) Rules 2014 all the independent directors have registered themselves withtheIndian Institute of Corporate Affairs. Since majority of the independent directors of theCompany have served as directors or key managerial personnel in listed companies or in anunlisted public company having a paid-up share capital of Rs. 10 crore or more for aperiod not less than 10 years they are not required to undertake the proficiency test asper rule 6(4) of the Companies (Appointment and Qualification of Directors) Rules 2014.

CEO / CFO CERTIFICATION:

As required by Regulation 17(8) of SEBI (Listing Obligations and DisclosureRequirements) Regulations 2015 The CEO / CFO certificate for the financial year 2020-21has been submitted to the Board and the copy thereof is contained in Annual Report asAnnexure B.

23. BOARD DIVERSITY

A diverse Board enables efficient functioning through differences in perspective andskill and also fosters differentiated thought processes at the back of varied industrialand management expertise gender knowledge and geographical background. The Boardrecognises the importance of a diverse composition and has adopted a Board DiversityPolicy which sets out the approach to diversity.

24. POLICY ON DIRECTORS' APPOINTMENT ANDREMUNERATION:

The policy of the Company on directors' appointment and remuneration including criteriafor determining qualifications positive attributes independence of a director and othermatters provided under Section 178(3) of the Companies Actis appended as Annexure III tothis Report

25. BOARD EVALUATION

The performance of the whole-time Director KMP and Senior Management Personnel isevaluated at regular intervals (half yearly/ yearly) by the whole-time Directors/ ManagingDirector as applicable. The performance evaluation of Independent Directors shall be

done by the Board excluding the Director being evaluated basis the contributions madeto the Board deliberations on various matters including business strategy financialstrategy operations cost and risk management etc. and suggestions given in thisregard.

A separate meeting of the independent directors ("Annual ID meeting") wasconvened which reviewed the performance of the Board (as a whole) the non-independentdirectors and the Chairman. Post the Annual ID meeting the collective feedback of each ofthe Independent Directors was discussed by the Chairman of the NRC with the Board'sChairman covering performance of the Board as a whole; performance of the non-independentdirectors and performance of the Board Chairman.

Some of the key criteria for performance evaluation are as follows - Performanceevaluation of Directors:

? Attendance at Board or Committee meetings

? Contribution at Board or Committee meetings

? Guidance/support to management outside Board/Committee meetings Performanceevaluation of Board and Committees:

? Degree of fulfilment of key responsibilities

? Board Structure and composition

? Effectiveness of Board Processes information and functioning

? Board culture and dynamics

? Quality of relationship between Board and Management

? Efficacy of communication with external stakeholders

26. MEETINGS OF THE BOARD

A calendar of Meetings is prepared and circulated in advance to the Directors. TheBoard met six times during the financial year the details of which are given in theCorporate Governance Report which is annexed and forms a part of this report. Theintervening gap between the Meetings was within the period prescribed under the CompaniesAct 2013 and the SEBI (Listing Obligations and Disclosure Requirements) Regulations2015.

27. NUMBER OF MEETINGS OF THE BOARD:

The Board met 7 (Seven) times in the financial year ended July 31 2020 September 152021 November 29 2020 December 17 2020 February 12 2021 March 02 2021 and March 112021

28. COMPOSITION OF AUDIT COMMITTEE

The Audit Committee of the Company comprises of Independent and Executive members. Board Elect Mr. Chirag Salaria as Chairman on the place of Mr. Aniruddh Singh and Mr.Pradeep Kumar Malik .The Board has accepted all recommendations made by the AuditCommittee during the year.

The composition and other relevant details of other board level committees i.e.Nomination and Remuneration Committee and Stakeholders Relationship Committee aredisclosed separately in the Corporate Governance

Report which is annexed to and forms a part of this Report.

*

29. CODE OF CONDUCT FOR DIRECTORS AND SENIOR MANAGEMENT

The Directors and members of Senior Management have affirmed compliance with the Codeof Conduct for Directors and Senior Management of the Company. A declaration to thiseffect has been signed by Mr. Gorve Chadha Managing Director and forms part of the AnnualReport.

30. PREVENTION OF INSIDER TRADING

The Company has adopted a Code of Conduct for Prevention of Insider Trading with a viewto regulate trading in securities by the Directors and designated employees of theCompany. The Code requires pre-clearance for dealing in the Company's shares and prohibitsthe purchase or sale of Company shares by the Directors and the designated employees whilein possession of unpublished price sensitive information in relation to the Company andduring the period when the Trading Window is closed. The Board is responsible forimplementation of the Code. All Board Directors and the designated employees haveconfirmed compliance with the Code.

31. PARTICULARS OF LOANS GUARANTEES AND INVESTMENTS

The details of loans guarantees and investments covered under the provisions ofSection 186 of the Companies Act 2013 are given in the notes to the financial statement.

32. PARTICULARS OF CONTRACTS OR ARRANGEMENTS WITH RELATED PARTIES

All contracts / arrangements / transactions entered by the Company during the financialyear with related parties were in the ordinary course of business and on an arm's lengthbasis. During the year the Company has not entered into any contract / arrangement /transaction of material nature with any of the related parties which are in conflict withthe interest of the Company. Related party disclosures are given in the notes to thefinancial statement.

33. SIGNIFICANT AND MATERIAL ORDERS BY THE REGULATORS OR COURTS OR TRIBUNALS IMPACTINGTHE COMPANY'S GOING CONCERN STATUS AND OPERATIONS IN FUTURE

During the period under review no significant and material orders passed by theregulators or courts or tribunals impacting the going concern status and Company'soperations in the future.

34. ADEQUACY OF INTERNAL FINANCIAL CONTROL

The Company had laid down guidelines policies procedures and structure to enableimplementation of appropriate internal financial controls across the Company. Thesecontrol processes enable and ensure the orderly and efficient conduct of company'sbusiness including safeguarding of assets prevention and detection of frauds and errorsthe accuracy and completeness of the accounting records and timely preparation &disclosure of financial statements.

32. RISK MANAGEMENT

The Risk Management is overseen by the Audit Committee of the Company on a continuousbasis. The Committee oversees Company's process and policies for determining risktolerance and review management's measurement and comparison of overall risk tolerance toestablished levels. Major risks identified by the businesses and functions aresystematically addressed through mitigating actions on a continuous basis.

33. FAMILIARIZATION PROGRAM FOR INDEPENDENT DIRECTORS

The Company has practice of conducting familiarization program of the independentdirectors as detailed in the Corporate Governance Report which forms part of the AnnualReport.

34. DISCLOSURE ON THE NOMINATION AND REMUNERATION POLICY OF THE COMPANY PURSUANT TOSECTION 134(3) (e) AND SECTION 178 (3)

The policy of the Company on Director's appointment and remuneration includingcriteria for determining qualifications independence and other matters as provided undersubsection (3) of Section 178 of the Companies Act 2013 forms part of this Annual Report.

35. VIGIL MECHANISM

The Company has established a vigil mechanism for Directors and employees to reporttheir genuine concerns. For details please refer to the Corporate Governance Reportattached to this Report.

38. CORPORATE SOCIAL RESPONSIBILITY:

A Corporate Social Responsibility (CSR) Committee has been constituted in accordancewith Section 135 of the Companies Act. This is not applicable on our company .

39. DISCLOSURE UNDER SECTION 23 OF THE SEXUAL HARASSMENT OF WOMEN AT WORKPLACE(PREVENTION PROHIBITION AND REDRESSAL) ACT 2013

The Company's policy on prevention of sexual harassment of women provides for theprotection of women employees at the workplace and for prevention and redressal of suchcomplaints. There were no complaints pending for the redressal at the beginning of theyear and no complaints received during the financial year.

40. PARTICULARS OF EMPLOYEES:

Disclosures with respect to the remuneration of Directors and employees as requiredunder Section 197 of the Companies Act and Rule 5(1) of the Companies (Appointment andRemuneration of Managerial Personnel) Rules 2014 . The information required pursuant toSection 197 of the Companies Act read with Rule 5(2)&(3) of the Companies (Appointmentand Remuneration of Managerial Personnel) Rules 2014 in respect of employees of theCompany is available for inspection by the Members at registered office of the Companyduring business hours on working days up to the date of the ensuing Annual GeneralMeeting. If any Member is interested in obtaining a copy thereof such Member may write tothe Company Secretary whereupon a copy would be sent.

42. PARTICULARS OF REMUNERATION

The information required under Section 197(12) of the Act and the Rules madethere-under in respect of employees of the Company is follows:-

(a) ratio of the remuneration of each director to the median remuneration of theemployees of the company for the financial year;

(Amount in Rs.)

S. No. Name Designation CTC Median Employee salary Ratio
1. Gorve Chadha Managing Director 1200000 604000 1.9:1
2. Pradeep Kumar Malik CFO 40000 604000 .66:1

(b) the percentage increase in remuneration of each Director Chief Executive OfficerChief Financial Officer Company Secretary or Manager if any in the financial year; -.There is no increase in the remuneration of Company Secretary.

(c) the percentage increase in the median remuneration of employees in the financialyear - There was average in the median remuneration of employees in the financial year.

(d) the number of permanent employees on the rolls of company: There were 12 permanentemployees on the rolls of Company as on March 31 2021.

(e) the explanation on the relationship between average increase in remuneration andcompany performance; -

^F) comparison ofthe remuneration of the Key Managerial Personnel against theperformance of the

company;

Particulars Amount (Rs.)
Remuneration of Key Managerial Personnel (KMP) during financial year 2020-2021 (aggregated) 1548000
Revenue from operations 46229000
Remuneration (as % of revenue) 3.3%
Profit before tax (PBT) 4240737
Remuneration (as % of PBT) 36.5

(g) variations in the market capitalisation of the Company price earnings ratio as atthe closing date of the current financial year and previous financial year and percentageincrease over decrease in the market quotations of the shares of the Company in comparisonto the rate at which the Company came out with the last public offer in case of listedcompanies and in case of unlisted companies the variations in the net worth of theCompany as at the close of the current financial year and previous financial year; -

Particulars Unit As at 01st April 20 As at 31st Mar 21 Variation
Closing rate of share at BSE Rs. 1.72 5.09 (82.5%)
EPS (Consolidated) Rs. 0.12 0.29 -22.9

(h) average percentile increase already made in the salaries of employees other thanthe managerial personnel in the last financial year and its comparison with the percentileincrease in the managerial remuneration and justification thereof and point out if thereare any exceptional circumstances for increase in the managerial remuneration -

There is no average increase in salaries of employees in 2020-2021 except managingdirector remuneration. There is no increase in the salary of Company secretary in themanagerial remuneration for the financial year .

(i) Comparison of each remuneration of the Key Managerial Personnel against theperformance of the Company

Particulars Managing Director Chief Financial Officer Company Secretary
Remuneration 1200000 40000 308000
Revenue 46229000 46229000 46229000
Remuneration (as % of revenue) 2.57 0.08 0.66
Profits before tax (PBT) 424073 74240737 4240737
Remuneration (as % of PBT) 28.2 .94 7.26

(j) The key parameters for any variable component of remuneration availed by thedirectors;

There is no variable component in the remuneration availed by the Directors.

(k) 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 directorduring the year;

Managing Director is the highest paid Director. No employee received remunerationhigher than the Managing Director .

(l) Affirmation that the remuneration is as per the remuneration policy of the Company

It is hereby affirmed that the remuneration paid during the Financial Year ended 31stMarch 2021 is as per the Remuneration Policy of the Company.

39. PECUNIARY RELATIONSHIP OR TRANSACTIONS OF NON-EXECUTIVE DIRECTORS

During the year the Non-Executive Directors of the Company had no pecuniaryrelationship or transactions with the Company.

40. LISTING

The Equity shares of your company were listed at Bombay Stock Exchange Limited andDelhi Stock Exchange Limited. However the Delhi Stock Exchange Limited has beende-recognized as a Stock Exchange during the year so presently the Company is listed onBombay Stock Exchange Limited only. The Company has paid listing fees to the Bombay StockExchange for the year 2020-2021.

41. STATUTORY DISCLOSURES

None of the Directors of your Company are disqualified as per provisions of Section164(2) of the Companies Act 2013. Your Directors have made necessary disclosures asrequired under various provisions of the Companies Act 2013 and SEBI (LODR) Regulations2015.

42. APPRECIATION

Yours Directors wish to extend their appreciation to business associates for theirsupport and contribution during the year. Yours Directors would also like to thank theemployees shareholders customers suppliers alliance partners and bankers for thecontinued support given by them to the Company and their confidence reposed in themanagement.

The Directors also acknowledge the hard work dedication and commitment of theemployees.

By order of the Board of Directors
Place: Delhi Gorve Chadha
Date: 13-08-2021 (Chairman & Managing Director)
DIN:06407884
Add: - U-2 Green Park Main Delhi-110016

FORM NO. MGT 9

EXTRACT OF ANNUAL RETURN

Pursuant to Section 92 (3) of the Companies Act 2013 and rule 12(1) of the Company(Management & Administration) Rules 2014

As on financial year ended on 31.03.2021

I. REGISTRATION & OTHER DETAILS:

1. CIN L45203KA1995PLC017422
2. Registration Date 21.03.1995
3. Name of the Company KMF BUILDERS AND DEVELOPERS LIMITED
4. Category/Sub-category of the Company COMPANY LIMITED BY SHARES
5. Address of the Registered office & contact details FLAT NO. 508 GOLF MANOR NAL WIND TUNNEL ROAD MURGESHPALYA BANGALORE-560017 2523800741486142-43
6. Whether listed company fYes/No] YES
7. Name Address & contact details of the Registrar & Transfer Agent if any. ALANKIT ASSIGNMENTS LIMITED 205-208 ANARKALI COMPLEX JHANDEWALAN EXTENSION NEW DELHI -110055 TEL: 011-42541234

II. PRINCIPAL BUSINESS ACTIVITIES OF THE COMPANY (All the business activitiescontributing 10 % or more of the total turnover of the company shall be stated!

S. No. Name and Description of main products / services NIC Code of the Product/service % to total turnover of the company
1 DEVELOPMENT AND CONSTRUCTION OF PROPOERTIES 410 100%

III. PARTICULARS OF HOLDING SUBSIDIARY AND ASSOCIATE COMPANIES

The Company has no holding subsidiary and associates companies as defined under theCompanies Act 2013.

IV. SHARE HOLDING PATTERN (Equity Share Capital Breakup as percentage of Total Equity)

A. Category-wise Share Holding

Category of Shareholders

No. of Shares held at the beginning of the year [01.04.2020]

No. of Shares held at the end of the year [31.03.2021]

% Change during the year

Demat Physic al Total %of Total Shares Demat Physical Total % of Total Shares
A. Promoters
fll Indian
a) Individual/ HUF 4082700 0 4082700 33.514 4082700 0 4082700 33.514 0
b] Central Govt 0 0 0 0 0 0 0 0 0
c] State Govt(s) 0 0 0 0 0 0 0 0 0
d) Bodies Corp. 1793100 0 1793100 14.7 1793100 0 1793100 14.7 0
e) Banks / FI 0 0 0 0 0 0 0 0 0
f) Any other 0 0 0 0 0 0 0 0 0
Sub-Total (A)(1) 5875800 0 5875800 48.23 5875800 0 5875800 48.23 0
(2) Foreign
a) Individuals (Non-Resident Individuals / Foreign Individuals) 0 0 0 0 0 0 0 0 0
b) Bodies Corporate 0 0 0 0 0 0 0 0 0
c) Institutions 0 0 0 0 0 0 0 0 0
d] Qualified Foreign Investor 0 0 0 0 0 0 0 0 0
e] Any Other (specify] 0 0 0 0 0 0 0 0 0
Sub-Total (A)(2) 0 0 0 0 0
Total shareholding of Promoter (A) 5875800 0 5875800 48.23 5875800 0 5875800 48.23 0
B. Public Shareholding
1. Institutions
a] Mutual Funds 0 0 0 0 0 0 0 0 0
b) Banks / FI 0 0 0 0 0 0 0 0 0
c) Central Govt 0 0 0 0 0 0 0 0 0
d] State Govtfs] 0 0 0 0 0 0 0 0 0
e) Venture Capital Funds 0 0 0 0 0 0 0 0 0
f) Insurance Companies 0 0 0 0 0 0 0 0 0
S) Fils 0 0 0 0 0 0 0 0 0
hi Foreign Venture Capital Funds 0 0 0 0 0 0 0 0 0
i) Others (specify] 0 0 0 0 0 0 0 0 0
Sub-total (B)(1):- 0 0 0 0 0 0 0 0 0
2. Non-Institutions
a] Bodies Corp.
i] Indian 1958757 343800 2302557 18.90 1179185 343800 1522985 12.50 (3.86 )
ii] Overseas 0 0 0 0
b] Individuals
i) Individual shareholders holding nominal share capital up to Rs. 2 lakh 884119 642600 1526719 12.53 581866 574400 1156266 9.49 (3.04 )
ii) Individual shareholders holding nominal share capital in excess of Rs 2akh 1922524 554400 2476924 20.33 3004349 622600 3626949 29.77 9.44
c] Others (specify] 0 0 0 0 0 0 0 0 0
Non Resident Indians 0 0 0 0 0 0 0 0 0
Overseas Corporate Bodies 0 0 0 0 0 0 0 0 0
Foreign Nationals 0 0 0 0 0 0 0 0 0
Clearing Members 0 0 0 0 0 0 0 0 0
Trusts 0 0 0 0 0 0 0 0 0
Foreign Bodies - D R 0 0 0 0 0 0 0 0 0
Sub-total (B)(2):- 4765401 1540801 6306200 51.77 4765400 1540800 6306200 51.77 0
Total Public Shareholding (B)=(B)(1)+(B)(2) 4765401 1540801 6306200 51.77 4765400 1540800 6306200 51.77 0
C. Shares held by Custodian for GDRs&ADRs 0 0 0 0 0 0 0 0 0
Grand Total (A+B+C) 1064121 0 1540801 1218200 100 1064120 1540800 12182000 100 0

ET Shareholding of Promoter-

s. No. Shareholder's Name

Shareholding at the beginning of the year

Shareholding at the end of the year

No. of Shares % oftotal Shares of the company % ofShares Pledged / encumbered to total shares No. of Shares % oftotal Shares of the company % ofShares Pledged / encumbered to total shares % Change
1 Mr. Gorve Chadha 1159000 9.719 0 1159000 9.719 0 0
2 Ms. Manisha Chadha 992100 8.14 0 992100 8.14 0 0
3 Mr. Pradeep Kumar Malik 420200 3.449 0 420200 3.449 0 0
4 Mrs. Satyawati Chadha 431000 3.54 0 431000 3.54 0 0
5 Mrs. Kavita Chadha 1080400 8.87 0 1080400 8.87 0 0
6 M/s. KMF Securities Ltd. 1793100 14.7 0 1793100 14.7 0 0

C) Change in Promoters' Shareholding including Increase / Decrease in each of thePromoters Shareholding during the year specifying the reasons for increase / decrease(please specify if there is no change)

S. No. Name of the Shareholders

Shareholding at the beginning of the year as on 01.04.2020

Shareholding at the end of the year as on 31.03.2021

% change in shareholding during the year

Reason for Change

No. of shares % of total shares of the company No. of shares % oftotal shares ofthe company
1. Mr. Gorve Chadha 1159000 9.719 1159000 9.719 0 No change
2. Ms. Manisha Chadha 992100 8.14 992100 8.14 0 No change
3. Mr. Pradeep Kumar Malik 420200 3.449 420200 3.449 0 No change
4. Mrs. Satyawati Chadha 431000 3.54 431000 3.54 0 No change
5. Mrs. Kavita Chadha 1080400 8.87 1080400 8.87 0 No change
8. M/s. KMF Securities 1793100 14.7 1793100 14.7 0 No change

D) Shareholding Pattern of top ten Shareholders:

(Other than Directors Promoters and Holders of GDRs and ADRs):

Name of the Shareholders

Shareholding at the beginning of the year as on 01.04.2020

Change in Shareholding during the year

Shareholding at the end of the year as on 31.03.2021

No. of shares % oftotal shares ofthe company No. of shares % oftotal shares of the company No. of shares % oftotal shares of the company
MohitSansanwal 460002 3.77 350000 2.87 810002 6.65
KMT properties private limited 1006259 8.26 1200 .009 1007459 8.269
Raman Sashidharan Nair 0 0 594096 4.87 594096 4.87
Surender /kumar HUF 938900 7.71 (938900) (7.71) 0 0
Hitesh Ramji Javeri 380000 3.12 0 0 380000 3.12
Anagram Securities Limited 339000 2.78 0 0 339000 2.78
Anashusain Shaikh 0 0 0 0 225229 1.84
Rasiklal Kasalchnad Shah 138800 1.13 0 0 138800 1.13
Kamlesh Balchand Shah 139400 1.15 0 0 139400 1.15
Harsha Hitesh laveri 224000 1.84 0 0 224000 1.84

E) Shareholding ofDirectors and Key Managerial Personnel including Date wise Increase/Decrease in Directors Shareholding during the year specifying the reasons for increase /decrease (please specify if there is no change)

Name

Shareholding

Date Increase/ Decrease in Shareholding

Cumulative Shareholding during the year

Reason for Change
No. of Shares at the beginning (01.04.2020) / end of the year (31.03.2021) % oftotal shares of the company No. of shares % of total shares ofthe company
Mr. Gorve Chadha 1159000 9.5 01.04.2020 -

Nil movement during the year

1159000 9.5
1159000 9.5 31.03.2021
Mrs. Kavita Chadha 1080400 8.87 01.04.2020 -

Nil movement during the year

1080400 8.87
1080400 8.87 31.03.2021
Mr. Pradeep Kumar Malik 420200 3.45 01.04.2020

Nil movement during the year

-
420200 3.45 31.03.2021 420200 3.45
Mr. Chirag Salaria 0 0 01.04.2020

Nil movement during the year

-
0 0 31.03.2021 0 0
Mr. Aniruddh Singh* 0 0 01.04.2020

Nil movement during the

-
0 0 31.03.2021 0 0
Ms. Priyanka Behl 0 0 01.04.2020

Nil movement during the year

-
0 0 31.03.2021 0 0

VI. REMUNERATION OF DIRECTORS AND KEY MANAGERIAL PERSONNEL- A. Remuneration to ManagingDirector Whole-time Directors and/or Manager:

SN. Particulars of Remuneration

Name of MD/WTD/ Manager

Total Amount (Rs.)
Mr. Grove Chadha Mr. Pradeep Kumar Malik
1 Gross salary
(a) Salary as per provisions contained in section 17(1) of the Income-tax Act 1961 1200000 40000 1240000/-
(b) Value of perquisites u/s 17(2) Income-tax Act 1961
(c) Profits in lieu of salary under section 17(3) Income-tax Act 1961
2 Stock Option - - -
3 Sweat Equity - - -
4 Commission - - -
- as % of profit - - -
Others specify... - - -
5 Others please specify - - -
Total (A) 1200000 40000 1240000/-
Ceiling as per the Act ' ' '

B. Remuneration to other directors

SN. Particulars of Remuneration

Name of Directors

Total Amount
CHIRAG SALARIA ANIRUDDH SINGH*
1 Independent Directors - - -
Fee for attending board committee meetings -
Commission - - -
Others please specify - -
Total fl] - - -
2 Other Non-Executive Directors - - -
Fee for attending board committee meetings . _ _
Commission . _ _
Others please specify - - -
Total [2] . .
Total [B]=[l+2] -
Total Managerial Remuneration - -
Overall Ceiling as per the Act - - .

C. REMUNERATION TO KEY MANAGERIAL PERSONNEL OTHER THAN MD/MANAGER/WTD

SN Particulars of Remuneration Key Managerial Personnel
Company Secretary Total (Rs.)
1 Gross salary 308000 308000
(a] Salary as per provisions contained in section 17(1) of the Income-tax Act 1961 "
(b) Value of perquisites u/s 17(2) Income-tax Act 1961 - -
(c] Profits in lieu of salary under section 17(3] Income-tax Act 1961 " "
2 Stock Option - -
3 Sweat Equity - -
4 Commission - -
- as % of profit - -
others specify... - -
5 Others please specify - -
Total 308000 308000

VII. PENALTIES / PUNISHMENT/ COMPOUNDING OF OFFENCES:

Type Section of the Companies Act Brief Description Details of Penalty / Punishment/ Compounding fees imposed Authority [RD / NCLT/ COURT] Appeal made if any (give Details)
A. COMPANY
Penalty
Punishment
Compounding
B. DIRECTORS
Penalty NIL
Punishment
Compounding
C. OTHER OFFICERS IN DEFAULT
Penalty
Punishment
Compounding

.