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Roni Households Ltd.

BSE: 542145 Sector: Others
NSE: N.A. ISIN Code: INE02AP01013
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OPEN 112.10
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VOLUME 12000
52-Week high 122.92
52-Week low 85.10
P/E
Mkt Cap.(Rs cr) 54
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00

Roni Households Ltd. (RONIHOUSEHOLDS) - Director Report

Company director report

Dear Shareholders

The Board of Directors hereby submits 5th Annual report of your Company("the Company") including the audited financial statements for the financialyear ended March 31 2022.

Financial Highlights: (Rs. in Lakhs)
Particulars F.Y. 2021-22 F.Y. 2020-21
Revenue From Operations 1075.11 1069.24
Other Income 0.44 -
Total Income 1075.56 1069.24
Less: Total Expenses before Depreciation Finance Cost and Tax 1061.88 879.95
Profit before Depreciation Finance Cost and Tax 13.68 189.29
Less: Depreciation 94.25 111.44
Less: Finance Cost 38.70 49.98
Profit Before Tax (119.27) 27.87
Less: Current Tax - 6.56
Less: Deferred tax Liability (Asset) 7.05 4.95
Profit after Tax (126.32) (16.36)

BUSINESS OVERVIEW:

Financial performance:

During the financial year 2021-22 the revenue from operation stood at Rs. 1075.11 Lakhsas compared to Rs. 1069.24 Lakhs during the previous financial year 2020-21. The otherincome of the Company stood as Rs. 0.44 Lakhs in the financial year 2021-22 as compared toNIL in previous financial year 2020-21.

Further during the financial year 2021-22 the total expenses have increased to Rs.1194.83 lakhs from Rs. 1041.37 lakhs in the previous financial year 2020-21. The Net Lossfor the financial year 2021-22 stood at Rs. (126.32) Lakhs in comparison to loss of Rs.(16.36) Lakhs in previous year 2020-21.

Dividend:

Due to losses the Board of Directors regret recommending dividend to shareholders forthe financial year 2021-22.

Transfer to General Reserve:

Due to Losses in the FY 2021-22 Company has not transferred any amount in Reserve andSurplus. Moreover reserves and surplus reduced to the extent of Rs. 126.32 Lakhs.

Change in Nature of Business:

During the year the Company has not changed its business or object and continues to bein the same line of business as per the main object of the Company.

Share Capital:

Authorized Capital

The Authorized Capital of the Company as on March 31 2022 is Rs. 60000000/- dividedinto 6000000 Equity Shares of Rs. 10/- each

The Authorised Share Capital of the Company was increased from Rs. 45000000/-(Rupees Four Crore Fifty Lakh Only) divided into 4500000 (Forty-Five Lakhs) EquityShares of Rs. 10/- each to Rs. 60000000/- (Rupees Six Crores Only) divided into6000000 (Sixty Lakhs Only) Equity Shares of Rs. 10/-(Rupees Ten Only) each vide OrdinaryResolution passed by the means of postal ballot through remote E- Voting by the members ofthe Company on March 11 2022.

Issued Subscribed & Paid-Up Capital

The Paid-up Capital of the Company as on March 31 2022 is Rs. 43359460/- dividedinto 4335946 Equity Shares of Rs.10/- each.

Board of Directors of the Company has passed resolution on February 07 2022 for issueof Equity shares of the Company upto Rs. 8 Crores (including premium) on right basis tothe existing shareholders of the Company. The Shareholders of the Company has accorded tothe said issue via Postal Ballot dated March 11 2022.

Further The Board of Directors the Company has also passed a resolution on February07 2022 for conversion of noninterest-bearing unsecured loan of directors (promoters) Mr.Harish Manohar Sirwani & Ms. Nidhi Harish Sirwani of Rs. Rs. 27097852.80 & Rs.Rs. 1803260 respectively into equity shares of the company via Right issue which areincluded in the Right issue of Rs. 8 crores as stated above.

After closure of the year:

The Shareholders of the Company has passed a resolution via Postal Ballot dated July09 2022 for conversion of noninterest-bearing unsecured loan of directors (promoters) Mr.Harish Manohar Sirwani & Ms. Nidhi Harish Sirwani of Rs. 21597852 & Rs.15363260 respectively into equity shares of the company via Right issue.

The Company has filed Draft Letter of Offer dated August 05 2022 for the said Rightissue to Bombay Stock exchange where shares of the Company are listed on August 12 2022.

DIRECTORS AND KEY MANAGERIAL PERSONNEL:

Constitution of Board:

As on the date of this report the Board comprises of the following Directors;

No. of Committee1

Name of Director Category Cum Designation Initial date of Appointment Date of Appointment at current Term & designation Total Director Ships in other co.2 in which Director is Members in which Director is Chairma n No. of Shares held as on March 31 2022
Mr. Harish Manohar Sirwani Chairman & Managing Director 09/10/2017 28/08/2018 1 1 - 1501246
Mr. Manohar Asandas Sirwani Non- Executive Director 15/07/2018 15/07/2018 0 0 0 10
Ms. Nidhi Harish Sirwani Whole-time director 09/10/2017 28/08/2018 1 2 - 1085650
Mr. Shailesh Suresh Bajaj Non- Executive Independent Director 01/01/2018 31/10/2018 0 2 2 -
Ms. Arvind Durgashankar Pande Non- Executive Independent Director 27/09/2018 31/10/2018 0 1 - -

1 Committee includes Audit Committee and Shareholders' Grievances &Relationship Committee across all Public Companies including our Company.

2 excluding Section 8 Company Struck off Company Amalgamated Company and LLPs

The composition of Board complies with the requirements of the Companies Act 2013("Act"). Further in pursuance of Regulation 15(2) of SEBI (Listing Obligationsand Disclosure Requirements) Regulations 2015 ("Listing Regulations") theCompany is exempted from the requirement of having composition of Board as per Regulation17 of Listing Regulations.

None of the Director of the Company is serving as a Whole-Time Director in any otherListed Company and the number of their directorship is within the limits laid down undersection 165 of the Companies Act 2013.

Board Meeting:

The Board of the Company regularly meets to discuss various Business opportunities.Additional Board meetings are convened as and when required to discuss and decide onvarious business policies strategies and other businesses.

During the year under review Board of Directors of the Company met 07 (Seven) times ason April 20 2021; June 30 2021; September 09 2021; September 29 2021; November 142021 February 07 2022 and March 30 2022.

The details of attendance of each Director at the Board Meetings are given below:

Name of Director DIN Designation Number of Board Meetings Eligible to attend Number of Board Meetings attended
Mr. Harish Manohar Sirwani 07844075 Chairman & Managing Director 7 7
Mr. Manohar Asandas Sirwani 07844076 Non - Executive Director 7 7
Ms. Nidhi Harish Sirwani 07941219 Whole-time Director 7 7
Mr. Shailesh Suresh Bajaj 08054342 Non-Executive Independent Director 7 7
Mr. Arvind Durgashankar Pande 08238902 Non-Executive Independent Director 7 7

The gap between two consecutive meetings was not more than one hundred and twenty daysas provided in section 173 of the Act.

Independent Directors:

In terms of Section 149 of the Companies Act 2013 and rules made there under theCompany has two Non-Promoter & Non-Executive Independent Directors. The Company hasreceived necessary declaration from each Independent Director under Section 149 (7) of theCompanies Act 2013 that they meet the criteria of independence laid down in Section 149(6) of the Act. Further all the Independent Directors of the Company have registeredthemselves in the Independent Director Data Bank. In the opinion of the Board all ourIndependent Directors possess requisite qualifications experience expertise includingthe Proficiency and hold high standards of integrity for the purpose of Rule 8(5)(iiia) ofthe Companies (Accounts) Rules 2014.

A separate meeting of Independent Directors was held on March 30 2022 to review theperformance of Non-Independent Directors and Board as whole and performance of Chairpersonof the Company including assessment of quality quantity and timeliness of flow ofinformation between Company management and Board.

Key Managerial Personnel:

During the year the Company has appointed Ms. Richie Mukesh Kothari Company Secretary& Compliance Officer of the Company w.e.f. September 29 2021.

In accordance with Section 203 of the Companies Act 2013 the Company has Mr. HarishManohar Sirwani who is acting as Chairman and Managing Director of the Company. Furtherthe Company has Ms. Nidhi Harish Sirwani as Chief Financial Officer & Whole TimeDirector and Ms. Richie Mukesh Kothari as Company Secretary & Compliance Officer ofthe Company.

Change in Registered office:

During the year there was no change in Registered Office of the Company.

Performance Evaluation:

The Board of Directors has carried out an annual evaluation of its own performanceboard committees and individual directors pursuant to the provisions of the Companies Act2013 and Securities and Exchange Board of India (Listing Obligations and DisclosureRequirements) Regulations 2015 in the following manners;

• The performance of the board was evaluated by the board after seeking inputsfrom all the directors on the basis of the criteria such as the board composition andstructure effectiveness of board processes information and functioning etc.

• The performance of the committees was evaluated by the board after seekinginputs from the committee members on the basis of the criteria such as the composition ofcommittees effectiveness of committee meetings etc.

• The board and the nomination and remuneration committee reviewed the performanceof the individual directors on the basis of the criteria such as the contribution of theindividual director to the board and committee meetings like preparedness on the issues tobe discussed meaningful and constructive contribution and inputs in meetings etc.

• In addition the chairman was also evaluated on the key aspects of his role.

Separate meeting of independent directors was held to evaluate the performance ofnon-independent directors performance of the board as a whole and performance of thechairman taking into account the views of executive directors and nonexecutive directors.Performance evaluation of independent directors was done by the entire board excludingthe independent director being evaluated.

Directors' Responsibility Statement:

Pursuant to section 134(5) of the Companies Act 2013 the board of directors to thebest of their knowledge and ability confirm that:

a) In preparation of annual accounts for the year ended March 31 2022 the applicableaccounting standards have been followed and that no material departures have been madefrom the same;

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 and ofthe profit or loss of the Company for the year;

c) The Directors had taken proper and sufficient care for the maintenance of adequateaccounting records in accordance with the provisions of the Companies Act 2013 forsafeguarding the assets of the Company and for preventing and detecting fraud and otherirregularities;

d) The Directors had prepared the annual accounts for the year ended March 31 2022 ongoing concern basis.

e) The Directors had laid down the internal financial controls to be followed by theCompany and that such Internal Financial Controls are adequate and were operatingeffectively; and

f) The Directors had devised proper systems to ensure compliance with the provisions ofall applicable laws and that such systems were adequate and operating effectively.

COMMITTEES OF BOARD

The Board of Directors in line with the requirement of the act has formed variouscommittees details of which are given hereunder.

A. Audit Committee:

The Company has formed audit committee in line with the provisions Section 177 of theCompanies Act 2013. Audit Committee meeting is generally held for the purpose ofrecommending the half yearly and yearly financial result. Additional meeting is held forthe purpose of reviewing the specific item included in terms of reference of theCommittee. During the year under review Audit Committee met 4 (Four) times viz on June30 2021 September 09 2021 November 14 2021 and March 30 2022.

The composition of the Committee and the details of meetings attended by its membersare given below:

Name Category Designation

Number of meetings during the financial year 2021-22

Eligible to attend Attended
Mr. Shailesh Bajaj Non-Executive Independent Director Chairperson 4 4
Mr. Arvind Pande Non-Executive Independent Director Member 4 4
Mrs. Nidhi Sirwani Whole-time Director Member 4 4

The Statutory Auditors of the Company are invited in the meeting of the Committeewherever requires. Company Secretary and Chief Financial Officer of the Company are theregular invitee at the Meeting.

Recommendations of Audit Committee wherever/whenever given have been accepted by theBoard of Directors.

Vigil Mechanism:

The Company has established a vigil mechanism and accordingly framed a Whistle BlowerPolicy. The policy enables the employees to report to the management instances ofunethical behavior actual or suspected fraud or violation of Company's Code of Conduct.

Further the mechanism adopted by the Company encourages the Whistle Blower to reportgenuine concerns or grievances and provide for adequate safe guards against victimizationof the Whistle Blower who avails of such mechanism and also provides for direct access tothe Chairman of the Audit Committee in exceptional cases. The functioning of vigilmechanism is reviewed by the Audit Committee from time to time. None of the Whistleblowers has been denied access to the Audit Committee of the Board. The Whistle BlowerPolicy of the Company is available on the website of the Company www.ronihousehold.com

B. Stakeholder's Grievance & Relationship Committee:

The Company has constituted Stakeholder's Grievance & Relationship Committee mainlyto focus on the redressal of Shareholders' / Investors' Grievances if any like Transfer/ Transmission / Demat of Shares; Loss of Share Certificates; Non-receipt of AnnualReport; Dividend Warrants; etc.

During the year under review Stakeholder's Grievance & Relationship Committee met4 (Four) times viz on June 30 2021; September 09 2021; November 14 2021 and February07 2022.

The composition of the Committee and the details of meetings attended by its membersare given below:

Name Category Designation

Number of meetings during the financial year 2021-22

Eligible to attend Attended
Mr. Shailesh Bajaj Non-Executive Independent Director Chairperson 4 4
Mr. Harish Sirwani Non-Executive Independent Director Member 4 4
Mrs. Nidhi Sirwani Whole-time Director Member 4 4

The Company Secretary of the company acts as secretary for the Committees & waspresent in meetings of Stakeholder's Grievance & Relationship Committee held onNovember 14 2021 and February 07 2022.

Also during the year the Company had not received any complaints from theShareholders. There was no complaint pending as on March 31 2022.

C. Nomination and Remuneration Committee:

The Company has formed Nomination and Remuneration committee in line with theprovisions of Section 178 of the Companies Act 2013. Nomination and RemunerationCommittee meetings are generally held for identifying the persons who are qualified tobecome Directors and may be appointed in senior management and recommending theirappointments and removal. During the year under review Nomination and RemunerationCommittee met 3 (Three) times viz on September 09 2021; September 29 2021 and March 302022.

The composition of the Committee and the details of meetings attended by its membersare given below:

Name Category Designation

Number of meetings during the financial year 2021-22

Eligible to attend Attended
Mr. Manohar Sirwani Non-Executive Director Chairperson 3 3
Mr. Shailesh Bajaj Non-Executive Independent Director Member 3 3
Mr. Arvind Pande Non-Executive Independent Director Member 3 3

Nomination and Remuneration Policy:

Nomination and Remuneration Policy in the Company is designed to create a highperformance culture. It enables the Company to attract motivated and retained manpower incompetitive market and to harmonize the aspirations of human resources consistent withthe goals of the Company. The Company pays remuneration by way of salary benefitsperquisites and allowances to its Executive Directors and Key Managerial Personnel. Annualincrements are decided by the Nomination and Remuneration Committee within the salaryscale approved by the members and are effective from April 1 of each year.

The Nomination and Remuneration Policy as adopted by the Board of Directors is placedon the website of the Company at www.ronihousehold.com.

Remuneration of Director:

The details of remuneration paid during the financial year 2021-22 to directors of theCompany is provided in Form MGT-7 available at website of the Company i.e.http://www.ronihouseholds.com/investors/

PUBLIC DEPOSIT

The company has not accepted any deposits from the public. Hence the directives issuedby the Reserve Bank of India & the Provision of Section 73 to 76 of the Company Act2013 or any other relevant provisions of the Act and the Rules there under are notapplicable.

PARTICULARS OF LOANS GUARANTEES INVESTMENTS & SECURITY

Details of Loans Guarantees Investments and Security covered under the provisions ofSection 186 of the Companies Act 2013 are given in the notes to the Financial Statement.

ANNUAL RETURN

Pursuant to Section 92(3) read with Section 134(3)(a) of the Act the Annual Return ason March 31 2022 is available on the Company's website onhttp://www.ronihouseholds.com/investors/.

CONTRACTS OR ARRANGEMENTS WITH RELATED PARTIES

All the Related Party Transactions entered during the financial year were on an Arm'sLength basis and in the Ordinary Course of Business. There are no materially significantRelated Party Transactions i.e exceeding rupees one thousand crore or 10% of the annualconsolidated turnover as per the last audited financial statement whichever is lower or atransaction involving payments with respect to brand usage or royalty entered intoindividually or taken together with previous transactions during the financial yearexceeding five percent of the annual consolidated turnover of the Company as per the lastaudited financial statements made by the Company with Promoters Directors KeyManagerial Personnel (KMP) and other related parties which may have a potential conflictwith the interest of the Company at large were entered during the year by your Company.The disclosure of Related Party Transactions as required under Section 134(3)(h) of theCompanies Act 2013 in Form AOC-2 is not applicable.

Further prior omnibus approval of the Audit Committee is obtained on yearly basis forthe transactions which are of a foreseen and repetitive nature. The transactions enteredinto pursuant to the omnibus approval so granted were placed before the Audit Committeeand the Board of Directors for their review & approval.

The details of the related party transactions for the financial year 2021-22 is givenin notes of the financial statements which is part of Annual Report.

The Policy on Related Party Transactions as approved by the Board of Directors isavailable on the website of the Company at www.ronihousehold.com.

DISCLOSURE OF REMUNERATION:

The ratio of the remuneration of each director to the median of employees' remunerationas per Section 197(12) of the Companies Act 2013 read with Rule 5(1) of the Companies(Appointment and Remuneration of Managerial Personnel) Rules 2014 is not applicable asCompany has all labourer on daily wages and no permanent employees on roll except CompanySercretary. Further no Remuneration has been paid to Executive Diretcors of the Company.

MATERIAL CHANGES AND COMMITMENT:

There are no material changes and commitments affecting the financial position of theCompany have occurred between the ends of financial year of the Company i.e. March 312022 to the date of this Report.

SEXUAL HARASSMENT OF WOMEN AT WORKPLACE:

To foster a positive workplace environment free from harassment of any nature we haveinstitutionalized the Anti-Sexual Harassment Initiative (ASHI) framework through which weaddress complaints of sexual harassment at the all workplaces of the Company. Our policyassures discretion and guarantees non-retaliation to complainants. We follow agender-neutral approach in handling complaints of sexual harassment and we are compliantwith the law of the land where we operate. Further the company has complied withprovisions relating to the constitution of Internal Complaints Committee under the SexualHarassment of Women at Workplace (Prevention Prohibition and Redressal) Act 2013.

During the financial year 2021-22 the Company has received nil complaints on sexualharassment out of which nil complaints have been disposed off and nil complaints remainedpending as of March 31 2022.

ENERGY CONSERVATION TECHNOLOGY ABSORPTION AND FOREIGN EXCHANGE EARNINGS AND OUTGO:

(Pursuant to Section 134 (3) (m) of the Companies Act 2013 & and rules made thereunder)

A. Conservation of energy -

i. ) The steps taken or impact on conservation of energy: The Company has takenmeasures and applied strict control system to monitor day to day power consumption toendeavor to ensure the optimal use of energy with minimum extent possible wastage as faras possible. The day to day consumption is monitored and various ways and means areadopted to reduce the power consumption in an effort to save energy.

ii. ) The steps taken by the Company for utilizing alternate sources of energy: TheCompany has not taken any step for utilizing alternate sources of energy.

iii.) The capital investment on energy conservation equipment: During the yearunder review Company has not incurred any capital investment on energy conservationequipment.

B. Technology absorption -

i.) The effort made towards technology absorption: The Company has not imported anytechnology and hence there is nothing to be reported here.

ii.) The benefit derived like product improvement cost reduction product developmentor import substitution:

None

iii.) in case of imported technology (imported during the last three years reckonedfrom the beginning of the financial year) -

a. The details of technology imported: None

b. The year of import: None

c. Whether the technology has been fully absorbed: None

d. If not fully absorbed areas where absorption has not taken place and the reasonsthereof: None

C. The expenditure incurred on Research and Development: NIL

D. Foreign Exchange Earnings & Expenditure:

Earnings - Nil
Outgo - - Nil

SECRETARIAL STANDARDS OF ICSI:

The Company is in compliance with the Secretarial Standard on Meetings of the Board ofDirectors (SS-1) and General Meeting (SS-2) issued by the Institute of Company Secretariesof India and approved by the Central Government.

RISK MANAGEMENT

A well-defined risk management mechanism covering the risk mapping and trend analysisrisk exposure potential impact and risk mitigation process is in place. The objective ofthe mechanism is to minimize the impact of risks identified and taking advance actions tomitigate it. The mechanism works on the principles of probability of occurrence andimpact if triggered. A detailed exercise is being carried out to identify evaluatemonitor and manage both business and non-business risks.

INTERNAL FINANCIAL CONTROL SYSTEMS AND THEIR ADEQUACY:

The Company has an effective internal control system which ensures that all the assetsof the Company are safeguarded and protected against any loss from unauthorized use ordisposition.

The Internal Auditors of the Company carry out review of the internal control systemsand procedures. The internal audit reports are reviewed by Audit Committee.

The Company has also put in place adequate internal financial controls with referenceto the financial statements commensurate with the size and nature of operations of theCompany. During the year such controls were tested and no material discrepancy orweakness in the Company's internal controls over financial reporting was observed.

CORPORATE GOVERNANCE:

The Company strives to incorporate the appropriate standards for corporate governance.However pursuant to Regulation 15(2) of SEBI (Listing Obligations and DisclosureRequirements) Regulations 2015 the Company is not required to mandatorily comply with theprovisions of certain regulations of the SEBI (Listing Obligations and DisclosureRequirements) Regulations 2015 and therefore the Company has not provided a separatereport on Corporate Governance although few of the information are provided in thisreport under relevant heading.

MANAGEMENT DISCUSSION AND ANALYSIS REPORT:

In terms of Regulation 34 and Schedule V of SEBI (Listing Obligations and DisclosureRequirements) Regulations 2015 a review of the performance of the Company for the yearunder review Management Discussion and Analysis Report is presented in a separatesection forming part of this Annual Report as Annexure -A.

STATUTORY AUDITOR AND THEIR REPORT:

Pursuant to the provisions of Section 139 of the Companies Act 2013 read with rulesmade thereunder M/s. D G M S & CO Chartered Accountant Jamnagar (formerly known asM/s. Doshi Maru & Associates Chartered Accountant Jamnagar) (FRN: 0112187W) wereappointed as Statutory Auditors of the Company to hold office till conclusion of theAnnual General Meeting (AGM) of the company to be held in the calendar year 2026.

The Notes to the financial statements referred in the Auditors Report areself-explanatory and therefore do not call for any comments under Section 134 of theCompanies Act 2013. The Auditors' Report does not contain any qualification reservationor adverse remark. The Auditors' Report is enclosed with the financial statements in thisAnnual Report.

REPORTING OF FRAUD:

The Auditors of the Company have not reported any fraud as specified under Section143(12) of the Companies Act 2013.

MAINTENANCE OF COST RECORD

Since the company is not falling under prescribed class of Companies our Company isnot required to maintain cost records.

INFORMATION ON SUBSIDIARY ASSOCIATE AND JOINT VENTURE COMPANIES.

As on March 31 2022 the Company has following subsidiaries:

SR. No. Name
1. Roni International LLC (Wholly Owned Subsidiary)

SECRETARIAL AUDITOR AND THEIR REPORT:

Pursuant to the provisions of Section 204 of the Act read with The Companies(Appointment and Remuneration of Managerial Personnel) Rules 2014 your Company hasappointed M/s. Payal Dhamecha & Associates Practicing Company Secretary Ahmedabad toconduct the Secretarial Audit of the Company for the financial year 2021-22. TheSecretarial Audit Report is annexed herewith as Annexure - B to this Report.

There have been few common annotations reported by the above Secretarial Auditors intheir Report with respect to:

1. The resolutions for Approval of Boards Report as required to be filed in E form MGT14 for the Financial year ended March 31 2022 has not been filed by the Company.

Management Reply: The Company will take due care for making all compliances w.r.tapplicable laws and their amendments within due dates in future.

2. Notice convening Annual General meeting (AGM) & Annual Report was not givenbefore clear 21 days from the date of Annual General meeting to the shareholders & noconsent of Shareholders was taken for sending shorter Notice calling AGM.

Further as per Regulation 34 of SEBI LODR Annual Report was not submitted to theStock exchange on the day in which it was dispatched to the Shareholders.

Management Reply: The Company will take due care for making all compliances w.r.tapplicable laws and their amendments within due dates in future.

3. Disclosure for Non-Applicability of Corporate Governance Report under regulation 27was not submitted to the Stock exchange for the quarter ended March 31 June 30 &September 30 2021.

Management Reply: The Company will take due care for making all compliances w.r.tapplicable laws and their amendments within due dates in future.

4. Certificate relating to details of dematerialization of Share Certificates receivedfrom registrar & Share Transfer agent was not filed with the Exchange for the quarterended March 31 June 30 & September 30 2021.

Management Reply: The Company will take due care for making all compliances w.r.tapplicable laws and their amendments within due dates in future.

5. Disclosure with respect to investor complaints received & disposed off was filedwith the Stock Exchange for:-

• quarter ended June 30 2021 with a delay of 24 days. (Submitted on August 142021)

Quarter ended on September 30 2021 with a delay of 24 days. (Submittedon October 25 2021)

Management Reply: The Company will take due care for making all compliances w.r.tapplicable laws and their amendments within due dates in future.

6. Shareholding pattern for the half year ended September 30 2021 was filed after thedue date on October 25 2021 delay of 4 days.

Management Reply: The Company will take due care for making all compliances w.r.tapplicable laws and their amendments within due dates in future.

7. Outcome of Board meetings for the results of the half year ended March 31 were filedbeyond 30 minutes from conclusion of the meeting.It was submitted by a delay of around 4hrs. (Meeting concluded at 5.00 PM and outcome given 9:19:01 pm.)

Management Reply: The Company will take due care for making all compliances w.r.tapplicable laws and their amendments within due dates in future.

8. Newspaper Advertisement for E voting at Annual General Meeting was not given 21 daysbefore the Annual General Meeting. It was given 1 day before the Annual General meetingcausing a Delay of 20 days.

Management Reply: The Company will take due care for making all compliances w.r.tapplicable laws and their amendments within due dates in future.

9. Company did not had a Company Secretary as a Compliance Officer till September 282021- Delay of 333 Days.

Management Reply: The Company was in search of qualified Company Secretary anddelay was unintentional.

10. Office of Company Secretary Key managerial personnel was not filled up by Board ofDirectors within 6 months.

Management Reply: The Company will take due care for making all compliances w.r.tapplicable laws and their amendments within due dates in future.

GENERAL DISCLOSURE:

Your Directors state that the Company has made disclosures in this report for the itemsprescribed in section 134 (3) of the Act and Rule 8 of The Companies (Accounts) Rules2014 and other applicable provisions of the act and listing regulations to the extent thetransactions took place on those items during the year. Your Directors further state thatno disclosure or reporting is required in respect of the following items as there were notransactions on these items during the year under review;

(i) Issue of Equity Shares with differential rights as to dividend voting orotherwise;

(ii) Issue of shares (including sweat equity shares) to employees of the Company underany scheme save and ESOS;

(iii) Annual Report and other compliances on Corporate Social Responsibility;

(iv) There is no revision in the Board Report or Financial Statement;

(v) No significant or material orders were passed by the Regulators or Courts orTribunals which impact the going concern status and Company's operations in future;

WEBSITE:

As per Regulation 46 of SEBI (Listing Obligation and Disclosure Requirements)Regulations 2015 the Company has maintained a functional website namely"www.ronihousehold.com" containing basic information about the Company.

The website of the Company is containing information like Policies ShareholdingPattern Financial and information of the designated officials of the Company who areresponsible for assisting and handling investor grievances for the benefit of allstakeholders of the Company etc.

THE DETAILS OF APPLICATION MADE OR ANY PROCEEDING PENDING UNDER THE INSOLVENCY ANDBANKRUPTCY CODE 2016 DURING THE YEAR ALONG WITH THEIR STATUS AS AT THE END OF THEFINANCIAL YEAR:

During the Financial Year 2021-22 there was no application made and proceedinginitiated /pending under the Insolvency and Bankruptcy Code 2016 by any Financial and/orOperational Creditors against your Company. As on the date of this report there is noapplication or proceeding pending against your company under the Insolvency and BankruptcyCode 2016.

ACKNOWLEDGEMENT:

Your Directors wish to place on record their sincere appreciation for significantcontributions made by the employees at all levels through their dedication hard work andcommitment enabling the Company to achieve good performance during the year under review.

Your Directors also take this opportunity to place on record the valuable co-operationand support extended by the banks government business associates and the shareholdersfor their continued confidence reposed in the Company and look forward to having the samesupport in all future endeavors.

Registered office: By order of the Board of Directors
Plot No. F - 55 Addl. MIDC Area Ajanta For Roni Households Limited
Road Jalgaon - 425003 Maharashtra.
Nidhi Sirwani Harish Manohar
Place: Jalgaon Whole-Time Director Sirwani
Date: September 8 2022 DIN: 07941219 Managing Director
DIN:07844075

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