Your Directors have pleasure in presenting the 29th Annual Report on the affairsof the Company together with the Audited Financial Statements for the financial year ended31st March 2021 ("year under review").
1) FINANCIAL RESULTS/SUMMARY
The Financials Results of the Company for the year April 01 2020 to March 31 2021 aregiven below:
(Rs. in Laks)
|PARTICULARS || |
| ||Standalone ||Consolidated ||Standalone ||Consolidated |
|Revenue from Operations ||7014.55 ||7348.43 ||7612.69 ||7883.78 |
|Other Income ||99.36 ||79.90 ||69.64 ||58.16 |
|Total Revenue ||7113.91 ||7428.33 ||7682.33 ||7941.94 |
|Less: Expenses ||5243.34 ||5542.17 ||6124.13 ||7141.57 |
|Profit before Exceptional Extraordinary Items & Taxation ||1870.57 ||1886.16 ||1558.20 ||800.37 |
|Extraordinary Items ||- ||- ||(379.95) ||(379.95) |
|Profit Before Tax ||1870.57 ||1886.16 ||1938.15 ||1180.32 |
|Less: Current tax ||534.57 ||543.81 ||561.85 ||565.85 |
|Less: Income tax adjustments ||3.94 ||8.26 ||1.99 ||2.15 |
|Deferred Tax (Liability)/ Asset ||(43.58) ||(43.68) ||(0.52) ||0.28 |
|Profit (Loss) for the year ||1375.64 ||1377.77 ||1374.83 ||612.04 |
The financial statements for the year ended 31st March 2021 have been prepared inaccordance with the accounting principles generally accepted in India including theIndian Accounting Standards (Ind AS) specified under section 133 of the Companies Act2013 as amended ("the Act") read with the Companies (Indian AccountingStandards) Rules 2015.
2) PERFORMANCE REVIEW AND STATE OF COMPANY AFFAIRS
Y our Company is primarily engaged in the business providing all kind of consultancyservices related with infrastructure environment urban designing urban planninghousing GIS BIM& Project Management civil designing construction managementincluding civil mechanical electrical and carry out engineering procurement andconstruction contracts and turnkey contracts including at design services for all types ofbuilding infrastructure and urban development projects for private and governmentagencies. The Company also provides End to End Consultancy including Marketing andStrategic Advisory Services to its Clients in India and outside India. Y our company wasmigrated from SME Emerge of National Stock Exchange of India (NSE- SME Sector) to CapitalMarket Segment (Main Board) on 14th December 2020.
The Company is in the midst of expansion and your are of a strong belief that futureplans of the Company will improve and will enhance the present position of growth rate ofthe Company.
3) SHARE CAPITAL OF THE COMPANY
A s on 01st April 2020 the Authorised Share Capital of the
Company was Rs. 200000000/- (Rupees Twenty Crores only) divided into 20000000 (TwoCrores) Equity Shares of Rs. 10/- (Ten) each and the Paid-up Share Capital of the ofCompany was Rs. 1734 25000/- (Rupees Seventeen Crores Thirty four lakhs Twenty fivethousand only only) divided into 17342500 (One Crore Seventy three lakhs forty twothousand five hundred only) Equity Shares of Rs. 10/- (Ten) each.
Further there was no change in Authorised & Paid-up Capital of Company during theperiod under review & from the end of financial year till the date of board report.
4) DE TAILS OF SUBSIDIARY COMPANY/JOINT VENTURE COMPANY/ AND AUDITED FINANCIALSTATEMENTS OF THE COMPANY
A separate statement containing the salient features of financial statements of allsubsidiaries of your Company forms part of consolidated financial statements in compliancewith Section 129 and other applicable provisions if any of the Companies Act 2013.Details of Subsidiary Company are below.
|CIN/ Regn No ||Name of Companies ||Relationship ||% of HOLDING |
|U72900DL2012PTC245563 ||Rudrabhishek Infosystem Private Limited ||Wholly Owned Subsidiary ||100 |
|201326975D ||Rudrabhishek Singapore Pte Ltd ||Foreign Subsidiary ||90 |
5) TR ANSFER TO RESERVES
The Company has not transferred any amount to reserves.
Y our directors are have taken conservative payment of dividend keeping in mind theuncertain time arise due to covid-19 and to keep our Company liquidity intact andrecommend a dividend of @4% i.e Rs. 0.40/- per equity share of Rs. 10/- each on thepaid-up capital of Company subject to approval of members in the ensuing 29th AnnualGeneral Meeting of company. The final dividend if approved will be paid to memberswithin the period as stipulated under Companies Act 2013. Dividend Distribution Policy ofthe Company forms part of Annual Report and the same be available on Company website andcan be accessed at https://www.repl.global/investor-zone/ policies/ . There has been nochange in the policy during the year. Pursuant to the Finance Act 2020 dividend incomeis taxable in the hands of the shareholders w.e.f. 1st April 2020 and the Company isrequired to deduct tax at source (TDS) from dividend paid to the Members at prescribedrates as per the Income-tax Act 1961.
7) LISTING OF EQUITY SHARES ON NSE
The trading in equity shares of the company were to Capital Market Segment ( Main Board) on 14th December 2020 and listing fee for the Financial year 2021-22 has been paid tothe concerned Stock Exchange.
8) REGISTRAR AND TRANSFER AGENT OF THE COMPANY
M/s Skyline Financial Services Private Limited having its office at D-153 A 1st FloorOkhla Industrial Area Phase - I New Delhi-110020 was appointed as Registrar and sharetransfer agent for the financial year 2020-21.
9) WEBSITE OF COMPANY:
A s per Regulation 46 of SEBI (Listing Obligation Disclosure Requirements) Regulations2015 the Company has maintained a functional website namely "www.repl. global"containing basic information about the Company. The website of the Company is containinginformation like Policies Shareholding Pattern Financial and information of thedesignated offcials of the Company who are responsible for assisting and handling investorgrievances for the benefit of all stakeholders of the Company etc.
10) CHANGE IN THE NATURE OF BUSINESS & MATERIAL CHANGES BETWEEN THE END OFFINANCIAL YEAR AND DATE OF THE BOARD REPORT
There were no change in the nature of business & changes from the end of financialyear to date of the board report.
D uring the year under review your Company has neither accepted any deposit nor therewere any amounts outstanding at the beginning of the year which were classified asDeposits as per the provisions of Section 73 of the Companies Act 2013 read with theCompanies (Acceptance of Deposits) Rules 2014.
F urther there were no remaining unclaimed deposits as on 31st March 2021. general
12) ADEQUACY OF INTERNAL FINANCIAL CONTROL
Y our Company has an Internal Control System commensurate with the size scale andcomplexity of its in operations. In this regard the Board has also adopted such policiesand procedures including Internal Control System for ensuring orderly and efficientconduct of its business including adherence to the Companys policies safeguardingof its assets prevention and detection of frauds and errors accuracy and completeness ofthe accounting records and the timely preparation of reliable financial disclosures. TheCompanys business processes have a strong monitoring and reporting process resultingin financial discipline and accountability.
13) C OMPOSITION OF BOARD OF DIRECTORS & KEY
MANAGERIAL PERSONNEL (KMP) AND CHANGES AMONG THEM DURING THE YEAR UNDER REVIEW
As on 31st March 2021 following were on the Board of the Company:
|S. No. Name of Director(s) ||DIN ||Designation |
|1. Mr. Pradeep Misra ||01386739 ||Chairman & Managing Director |
|2. Ms. Richa Misra ||00405282 ||Whole-time Director |
|3. Mr. Prajjwal Misra ||08494018 ||Additional Director |
|4. Mr. Jamal Husain Ansari ||06641874 ||Independent Director |
|5. Mr. Tarun jain ||07940978 ||Independent Director |
|6. Mr. Himanshu Garg ||08010105 ||Independent Director |
Mr. Prajjwal Misra was appointed by the Board of Directors at its meeting held on 11thNovember 2020 as an Additional Non-Executive Director of the Company up to the date ofensuing Annual General Meeting.The Company has received a notice u/s 160 of andthe Actfrom a member of the Company signifying his intention to propose the candidature of Mr.Prajjwal Misra for the office of the Director of the Company.
In accordance with the provisions of the Articles of Association and Section 152 of theCompanies Act 2013 Mrs. Richa Misra retires by rotation at the ensuing annual generalmeeting. She being eligible has offered herself for re-appointment as such and seeksre-appointment. The Board of Directors recommends her re-appointment on the Board.
Accordingly Members approval is being sought at the ensuing 29th AGM for theirrespective re-appointments.
During the year under review the Non-Executive Directors (NEDs) of the Company had nopecuniary relationship or transactions with the Company other than sitting fees receivedby them.There being no other change apart from mentioned above from the end of financialyear to the date of notice.
Key Managerial Personnel:
There was no change in the KMPs of the Company during the year under review and fromthe end of financial year to the date of notice.
14) NUMBER OF MEETINGS OF THE BOARD
D uring the year 2020-21 the Board of Directors times. The details of the number ofmeetings of the Board of Directors held during FY 2020-21 have been detailed in theCorporate Governance Section of the Annual Report The Company has complied with theSecretarial issued by the Institute of Company Secretaries of India on Board Meetings andGeneral Meeting.
15) GENERAL MEETING OF COMPANY
28th Annual General Meeting (AGM) of Company for F.Y 2019-20 was held on 28th September2020.However Extraordinary General meeting (EGM) by the way of Postal ballot was convenedon 19th October 2020 & 22 March 2021. F or further details please refer to theCorporate
Report which forms part of the Annual Report.
16) C OMMITTEES OF THE BOARD
C urrently the Company has Four Committee:
Committee Nomination and Remuneration Committee Stakeholders Relationship CommitteeCorporate Social Responsibility Committee.
D etails of the composition terms of reference and number of meetings held forrespective committees are given in the Report on Corporate Governance which forms part ofthe Annual Report.
18. C ORPORATE SOCIAL RESPONSIBILITY (CSR)
The Companys commitment to create significant sustainable societal value ismanifest in its Corporate Social Responsibility (CSR) initiatives and its sustainabilitypriorities are deeply intertwined with its business imperatives. The Companys focusareas are concentrated on education. In accordance with Section 135 of the Act as amendedread with Notification issued by the Ministry of Corporate Affairs (MCA) dated22nd January 2021 and the rules made thereunder the Company has formulated a CorporateSocial Responsibility Policy a brief outline of which along with the requireddisclosures is given in Annexure which is annexed hereto and forms a part of theBoards Report.
The Company along with group Companies has Pradeep Richa Educare Foundation to carryout CSR activities. During the year 2020-21 the Company has undertaken the CSRinitiatives in the fields of promoting education. The CSR activities fall within thepurview of Schedule VII of the Act read with the Companies (Corporate SocialResponsibility Policy) Rules 2014.
The detail of the CSR Policy is also posted on the website and may be accessed at thelink: https://www.repl. global/csr/.
17) EX TRACT OF ANNUAL RETURN
The details forming part of the extract of the Annual in Form MGT-9 is annexed herewithas Annexure- A and is placed on the website of company (www.repl.global).
18) REMUNERATION OF DIRECTOR
The details of remuneration paid during the financial year 2020-21 to ExecutiveDirectors of the Company is provided in Form MGT-9 which is the part of this report.
06 A. STATUTORY AUDITORS
DOOGAR & ASSOCIATES Chartered Accountant were appointed as statutory auditor of theCompany for a term of 05( five ) Consecutive years at the Annual General Meeting held on28th September 2020. The auditors have confirmed that they are not disqualified fromcontinuing as Auditor of the Company.
The Report given by M/s. Doogar & Associates Chartered Accountants on thefinancial statement of the Company for the year 2020-21 is part of the Annual Report. TheNotes on financial statement referred to in the Auditors Report are self-explanatoryand do not call for any further comments. The Auditors Report does not contain anyqualification reservation adverse remark or disclaimer. During the year under reviewthe Auditors had not reported any matter under Section 143 (12) of the Act therefore nodetail is required to be Audit disclosed under Section 134 (3)(ca) of the Act. Furtherthe requirement of seeking rati_cation of appointment of statutory auditors by members atevery Annual General Meeting has been done away with vide Companies (Amendment) Act 2018notified wef May 7 2020 issued by Ministry of Corporate Affairs.
B. SECRETARIAL AUDITORS
Pursuant to the provisions of Section 204 of the and Companies Act 2013 and theCompanies (Appointment and Remuneration of Managerial Personnel) Rules 2014 the Companyhas appointed M/s Pradeep Debnath & Company a firm of Company Secretaries inPractice to conduct Secretarial Audit of the Company.
The Secretarial Audit Report is self-explanatory and do not call for any furthercomments. The Secretarial Audit Report does not contain any qualification reservationadverse remark or disclaimer. During the year under review the Secretarial Auditors hadnot reported any matter under Section 143 (12) of the Act therefore no detail is requiredto be disclosed under Section 134 (3) (ca) of the Act. up During the Financial Year yourCompany has complied with applicable Secretarial Standards i.e. SS-1 and SS-2 relating to"Meetings of the Board of Directors" and "General Meetings"respectively.
The Report of the Secretarial Audit in Form MR-3 for the financial year ended March 312021 is enclosed as Annexure to this Report.
C. INTERNAL AUDITORS
In accordance with the provisions of Section 138 of the Companies Act 2013 and Rulesframed there under Return your Company has appointed M/s. Sanjeev Neeru & AssociatesChartered Accountants as the Internal
Auditors of the Company for Financial year 2020-21 and takes their suggestions andrecommendations to improve and strengthen the internal control systems.
20) C OMPLIANCE WITH SECRETARIAL STANDARDS
The Company has complied with all the Secretarial Standards in the Financial Year2020-21.
21) DISCLOSURE OF FRAUDS AGAINST THE COMPANY
I n terms of the provisions of section 134(3)(ca) Companies Act 2013 there were nofraud committed against the Company which are reportable frauds under Section 141 ofCompanies Act 2013 given by the Auditors to the Central Government as well asnon-reportable frauds during the year 2020-21.
22) C ORPORATE GOVERNANCE REPORT DISCUSSION & ANALYSIS AND OTHER INFORMATIONREQUIRED UNDER THE COMPANIES ACT 2013 AND SEBI (LISTING OBLIGATIONS AND DISCLOSUREREQUIREMENTS) REGULATIONS 2016
S tatutory compliances evidencing the standards from a listed entity have been dulyobserved and a Report on Corporate Governance as well as the Certificate from SecretarialAuditor confirming compliance with the requirements of SEBI (Listing Obligations andDisclosure Requirements) Regulations 2015 forms part of the Annual Report.
Ho wever Management Discussion and Analysis and CEO/CFO certificate as required underSecurities and Exchange Board of India (Listing Obligations and Disclosure Requirements)Regulations 2015 (Regulations) is attached and form part of the Annual Report.
23) DECLARATION BY INDEPENDENT DIRECTORS
I n terms of Section 149 of the Companies Act 2013 and made there under the Companyhas three Independent Directors in line with the Companies Act 2013. The terms andconditions of appointment of Independent Directors and Code for Independent Director areincorporated on the website of the Company at www.repl.global. 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 Companies Act 2013.
24) BO ARD EVALUATION
P ursuant to the provisions of the Companies Act with the Rules issued there under andthe Listing Regulations (including any statutory modification(s) or reenactment(s)for the time being in force) the process for evaluation of the annual performance of theDirectors/Board/ Committees was carried out and the same was based on questionnaire andfeedback from all the Directors on the Board as a whole Committees and on self-evaluationbasis.
Dir ectors who were designated held separate with each of the Directors of theCompany and obtained their feedback on overall Board effectiveness as well as each of theother Directors.
Based on the questionnaire and feedback the performance of every director wasevaluated in the meeting of the Nomination and Remuneration Committee (NRC).
A separate meeting of the independent directors ("Annual Independent Directorsmeeting") was convened which reviewed the performance of the Board (as a whole) theNon-Independent directors and the Chairman. After convening the Annual Independentdirector meeting the collective feedback of each of the Independent Directors wasdiscussed by the Chairman of the NRC with the the Boards Chairman coveringperformance of the Board as a whole; performance of the non-independent directors andperformance of the Board Chairman.
25) NOMINATION AND REMUNERATION POLICY
The Board has on the recommendation of the Nomination & Remuneration Committeeformulated criteria for Determining Qualifications Positive Attributes and Independenceof a Director and also a Policy for remuneration of Directors Key managerial Personneland senior management. The details of criteria laid down and the Remuneration Policy isavailable on the companys website at http://www.repl.global/investor-zone/policies/.
26) RISK MANAGEMENT POLICY
The Company has laid down the procedures to inform Board Members about risk assessmentand minimization procedures. The Board of Directors of the Company has also framed riskmanagement policy which is adopted across all the departments of the Company in aninclusive manner.
The aim of this policy is not to eliminate risks rather to manage the risks involvedin the Company activities to maximize opportunities and minimize adversity by consideringthe following:- Iden ti_cation of risk define ownership with clearly defined roles andresponsibilities; rules Balanc e between the cost of managing risk and the anticipatedbenefits; C ontributing to more efficient use/allocation of capital and resources; T oencourage and promote an pro-active approach towards risk management; Iden tifying anyunmitigated risks and formulating action plans for its treatment through regular review.
27) P ARTICULARS OF LOANS GIVEN INVESTMENTS MADE & GUARANTEES GIVEN read
C omplete details of loan(s) given investment(s) made & Guarantees given areprovided in the financial statement.
28) REL ATED PARTY TRANSACTIONS
Y our Company has historically adopted the practice of undertaking related partytransactions only in the ordinary and normal course of business and at arms lengthas part of its philosophy of adhering to highest ethical standards transparency andaccountability. In line with the provisions of the Companies Act 2013 and the ListingRegulations the Board has approved a policy on related party transactions. Policy onrelated party transactions has been placed on the Companys website(http://www.repl.global/investor-zone/ policies/).
The particulars of contracts or arrangements with parties referred to in Section 188(1)and applicable rules of the Companies Act 2013 in Form AOC-2 is provided as Annexure C tothis Report.
29) TR ANSFER OF AMOUNTS TO INVESTOR EDUCATION PROTECTION FUND
Y our Company did not have any funds lying unclaimed period of seven years. Thereforethere were no funds which were required to be transferred to Investor Education andProtection Fund (IEPF).
30) INSIDER TRADING REGULATIONS
Based on the requirements under SEBI (Prohibition of Insider Trading) Regulations 1992read with SEBI (Prohibition of Insider Trading) Regulations 2015 as amended from time totime the code of conduct for prevention of insider trading and the Code for CorporateDisclosures ("Code") as approved by the Board from time to time are in forceby the Company. Policy on Insider Trading Regulations has been placed on theCompanys website (http://www.repl.global/ investor-zone/policies/).
31) SIGNIFICANT AND MATERIAL ORDERS PASSED BY THE REGULATORS COURTS OR TRIBUNALS
D uring the period under review there were no and material orders passed by theRegulators Courts or Tribunals impacting the going concern status and Companysoperations in future.
32) DIRECTORS RESPONSIBILITY STATEMENT
T o the best of their knowledge and belief and the information and explanationsobtained by them your Directors make the following statements in terms of Section134(3)(c) of the Companies Act 2013:
a) that in the preparation of the annual accounts the applicable accounting standardshave been followed and that no material departure were made for the same;
b that) Directors have 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 of the Company for the period ended on March 31 2021;
c) that Directors have taken proper and sufficient care for the maintenance of adequateaccounting records in accordance with the provisions of Companies Act 2013 forsafeguarding the assets of the Company and for preventing and detecting fraud and otherirregularities;
d) that the annual financial statements have been prepared on a going concern basis;and
e) that proper system has been devised to ensure compliance with the provisions of allapplicable laws and that such systems were adequate and operating effectively. related
33) C OMPANYS POLICY ON DIRECTORS APPOINTMENT AND REMUNERATION INCLUDINGCRITERIA FOR DETERMINING QUALIFICATIONS POSITIVE ATTRIBUTES INDEPENDENCE OF A DIRECTORAND OTHER MATTERS AND PROVIDED UNDER SUB-SECTION (3) OF SECTION 178 OF THE COMPANIES ACT2013
for a The Company upon recommendation of Nomination & Remuneration Committee hasframed a policy for selection and appointment of Directors including determiningqualifications and independence of a Director Key Managerial Personnel Senior ManagementPersonnel and their remuneration as part of its charter and other matters provided underSection 178(3) of the Companies Act 2013. The policy covering these requirementsavailable on website of the company under the heading investor zone at www. repl.global.F urther information about elements of remuneration package of individual directors isprovided in the extract of Annual Return in Form MGT-9 enclosed as Annexure to thisReport.
34) CONSERVATION OF ENERGY TECHNOLOGY ABSORPTION ADOPTION AND INNOVATION FOREIGNEXCHANGE EARNING AND OUTGO
I n view of the nature of activities being carried out by the Company the disclosureconcerning energy conservation measures technology absorption and Research &Development efforts are not applicable to the Company.
F urther during the year under review Company has no to Foreign exchange earnings andoutgo.
35) HUMAN RESOURCES DEVELOPMENT AND INDUSTRIAL RELATIONS
The Company believes that the development of employees is one of the most importantenablers for an organization. This is being done at both individual and team levels.Sustained development of its employees both professional and personal is the hallmark ofhuman resource policies. The Company value its Human Resources and is committed to ensureemployee satisfaction development and growth. The Company is working towards developing aculture of nurturing leaders encouraging creativity and openness. Cordial industrialrelations and improvements in productivity were maintained at all of the CompanysOffices during the year under review.
36) P ARTICULARS OF EMPLOYEES
The information required under Section 197 of the Act and the Rule 5(1) of Companies(Appointment and Remuneration) Rules 2014 in respect of employees of the Company. a. Theratio of the remuneration of each director to the median remuneration of the employees ofthe company for the financial year 2020-21:
|Sr. No. Name of Director ||Designation ||Ratio to Median Remuneration |
|1. Mr. Pradeep Misra ||Chairman & Managing Director ||13:1 |
|2. Mrs. Richa Misra ||Whole-time Director ||10:1 |
|3. Mr. Prajjwal Misra ||Additional Director ||NA |
|4. Mr. Jamal Husain Ansari ||Independent Director ||NA |
|5. Mr. Himanshu Garg ||Independent Director ||NA |
|6. Mr. Tarun Jain ||Independent Director ||NA |
*M edian Salary (Annual) of employees for the Financial 2020-21 is Rs. 375200/-. b T .he percentage increase in remuneration
Director Chief Executive Officer Chief Financial Officer Company Secretary orManager if any in the financial year 2020-21:
|Sr. No. Name of Direc- tor ||Designation ||% Increase in remuneration |
|1. Mr. Pradeep Misra ||Chairman & Manag- ing Director ||0% |
|2. Mrs. Richa Misra ||Whole-time Direc- tor ||0% |
|3. Mr. Prajjwal Misra ||Additional Director ||0% |
|4. Mr. Jamal Husain Ansari ||Independent Director ||0% |
|5. Mr. Himanshu Garg ||Independent Director ||0% |
|6. Mr. Tarun Jain ||Independent Director ||0% |
|7. Mr. Vikas Gupta ||Company Secre- tary& Compliance Officer ||124.41% |
|8. Mr. Manoj Kumar ||Chief Financial Officer ||8.71% |
c T . he percentage increase/decrease in the median remuneration of employees in thefinancial year 2020-21 is 25.48 %.
d T . he number of permanent employees on the rolls of company as on 31st March 2021are 222.
e T . he average increase in salaries of employees other than managerial personnel in2020-21 is 5% while there has been no increase in manegrial remuneration.
f. The Company hereby afirms that the remuneration is as per the remuneration policy ofthe Company each The Companys remuneration policy is driven by the success andperformance of the individual employees and the Company. Through its compensation packagethe Company endeavors to attract retain develop and motivate a high performance staff.The Company follows a compensation mix of fixed pay benefits and performance basedvariable pay. Individual performance pay is determined by business performance and theperformance of the individuals measured through the annual appraisal process. The Companyafirms remuneration is as per the remuneration policy of the Company.
The information required under Section 197 of the Act and the Rule 5(2) of Companies(Appointment and Remuneration) Rules 2014 in respect of employees of the Company is asfollows:-A. Detail of Top ten employees in terms of remuneration drawn during F.Y 2020-21are as:
|S. No Name of Employee ||Date of Joining ||Gross Remuneration (in Rs.) ||Qualification ||Age (in years) ||Experience (in years) ||Last Employment ||Designation |
|1 Harish Sharma ||19-Oct-16 ||4774250 ||B.Tech + MS(SCIENCE) +MBA ||15-Jun- 70 ||26 Years ||PL Engineering Ltd. ||Executive Director |
|2 Prabhakar Kumar ||13-Jul-15 ||4390785 ||BA (Geography) + MA (Geography) + M.Plan (Regional) ||25-Nov- 78 ||12 Years ||ICT Pvt Ltd ||Assistant Vice Presi- dent-Planning |
|3 Zulquer Nain ||01-Apr-07 ||4205067 ||B.tech (Civil) and M.Tech-Water Resources: Utilisation & Environmental Management ||12-Sep- 80 ||16 Years ||Feedback Venture ||Vice Presi- dent-Real Estates Advisory |
|4 Jaganniwas . ||11-Nov-19 ||2665656 ||B. Tech. (Civil) from G. B. Pant University of Agri- culture and Technology (2002) & M. Tech. (Civil) from IIT-Roorkee (2004) ||13-Jul-79 ||17 Years ||Feedback Infrastruc- ture Services Pvt. Ltd ||General Manager-In- frastructure Services |
|5 Abhinav Niranjan ||02-Nov-15 ||2096718 ||PGD-Management ||01-Mar- 77 ||18 Years ||Unicon finan- cial Interme- diaries Pvt. Ltd. ||AVP-Market- ing & Commu- nications |
|6 Nilesh Jain ||09-Oct-19 ||2077130 ||B.Com and ICWAI ||24-Mar- 87 ||14 Years ||IM+ Capitals Ltd ||Deputy General Man- ager-Finance |
|7 Alok Sati ||02-Feb-17 ||1997595 ||MCA ||20-Jul-81 ||14 Years ||ICRA Man- agement Consulting Services Ltd. ||Deputy General Man- ager-IT & ERP |
|8 Dhirendra Yasawantro Ahire ||24-Jun-20 ||1888963 ||Bachelor in civil Engineering and Master in Environmen- tal Engineering ||18-Sep- 80 ||14 years ||Growever Infra Corp ||DGM- Operations |
|9 Shyam Narayan Tripathi ||22-Jan-14 ||1876329 ||B.Tech - Electrical Engi- neering ||22-Apr- 71 ||25 Years ||Country Colo- nizer Pvt. Ltd. ||General Manager- Services |
|10. Manish Raushan ||01-Dec-15 ||1808015 ||B Com ||08-Feb- 81 ||17 Years ||Goldsquare Sales India Pvt Ltd ||Senior Manager-ERP |
A. Employee in the Company in receipt of remuneration for that year which in theaggregate was not less than one crore and two lakh rupees : NIL
B. Employees in the Company who employed throughout the financial year or part thereofwas in receipt of remuneration for any part of that year at a rate which in theaggregate was not less than Eight lakh and _fty thousand rupees per month : NIL
C. Employee in the Company who employed throughout the financial year or part thereofwas in receipt of remuneration in that year which in the aggregate or the case may be ata rate in aggregate or as the case may bein excess of that drawn by the managingdirector or whole-time director or manager and holds by himself or along with his spouseand dependent children not less than two percent of the equity shares of the company :NIL
37) DISCLOSURE REQUIREMENTS
A s per the Provisions of the SEBI (LODR) Regulation entered into with the stockexchanges management discussion and analysis Corporate Governance Report are attachedwhich form part of this report.
D etails of the familiarization programme of independent directors are available on thewebsite of the Company at http://www.repl.global/investor-zone/ policies/.
The Company has formulated and published a Whistle Blower Policy to provide VigilMechanism for employees including directors of the Company to report genuine concerns. Theprovisions of this policy are in line with the provisions of the Section 177(9) of theAct; the whistle blowing Policy is available on the companys website athttp://www.repl.global/investor-zone/policies/.
Y our Directors state that the Company has made disclosures in this report for theitems prescribed in section 134 (3) of the Act andRule 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 inrespect of the following items as there were notransactions on these items during the year under review:
a) Details relating to deposits covered under Chapter V of the Act;
b Issue of Equity Shares with differential rights as to) dividend voting or otherwise;
c) Issue of shares (including sweat equity shares) to employees of the Company underany scheme save and ESOS;
d) Annual Report and other compliances on Corporate Social Responsibility;
e) There is no revision in the Board Report or Financial Statement;
f No significant or material orders were passed by the) Regulators or Courts orTribunals which impact the going concern status andCompanys operations in future.
38) DISCLOSURE UNDER THE SEXUAL HARASSMENT OF WOMEN AT WORKPLACE (PREVENTIONPROHIBITION AND REDRESSAL) ACT 2013
The Company has in place an Anti-Sexual Harassment Policy in line with the requirementsof Sexual Harassment of Women at the Workplace (Prevention Prohibition & Redressal)Act 2013. Internal Complaints Committee (ICC) has been set up to redress complaintsreceived regarding sexual harassment. All employees (permanent contractual temporarytrainees) are covered under this policy. However no complaint was received during theyear under review.
39) C OVID 19
I n view of the lockdown across the country due to the COVID-19 pandemic operations ofthe Company across all its locations were suspended temporarily during March andApril-2020 in compliance with the directives/orders issued by the relevant authorities.The consolidated financial results for the year ended March 31 2021 were impacted bydisruptions owing to COVID 19. The Company has made an assessment of the recoverabilityand carrying values of its assets comprising property inventories receivables and othercurrent / non-current assets as of 31 March 2021 and on the basis of evaluation hasconcluded that no material adjustments are required in the financial results. The Companyis taking all the necessary steps and precautionary measures to ensure smooth functioningof its operations and to ensure the safety and well-being of all its employees. Given thecriticalities associated with nature condition and duration of COVID-19 the impactassessment on the Companys financial statements will be continuously made andprovided for as required.
Y our Directors wishes to place on record its thanks gratitude to the shareholdersdealers customers Central and State Government Departments Organizations Agencies andother business partners for their continued trust and co-operation extended by them. YourDirectors further takes this opportunity to express its sincere appreciation for all theefforts put in by the employees of the Company at all levels in achieving the results andhope that they would continue their sincere and dedicated endeavor towards attainment ofbetter working results during the current year.
For and on behalf of the Board
(Chairman &Managing Director)
Address: Sadhika Farm Mall Road
Behind Sec-D III Park Lane
Vasant Kunj New Delhi -110070
Place: New Delhi