FASTRACK COMMUNICATIONS PRIVATE LIMITED Standalone Financial Statements for period Name of company Corporate identity number Permanent account number of entity [400100] Disclosure of general information about company FASTRACK COMMUNICATIONS PRIVATE LIMITED U64200DL2008PTC179213 AABCF2407J 284, AMARPALI APARTMENT, I. P E X T E N S I O N, Address of registered office of company Patparganj New Delhi East Delhi, DELHI, INDIA - 110092 C o m m e r c i a l a n d Type of industry Industrial Date of board meeting when final accounts were approved 15/06/2017 Period covered by financial statements 12 MONTHS 12 MONTHS Date of start of reporting period Date of end of reporting period Nature of report standalone consolidated Content of report Description of presentation currency Level of rounding used in financial statements Type of cash flow statement Whether company is maintaining books of account and other relevant books and papers in electronic form Complete postal address of place of maintenance of computer servers (sring accounting data) Standalone Financial Statements INR Actual Indirect Method Name of city of place of maintenance of computer servers (sring accounting data) G r e a t e r Noida Name of state/ union terriry of place of maintenance of U t t a r computer servers (sring accounting data) Pradesh Pin code of place of maintenance of computer servers (sring accounting data) 201306 Name of district of place of maintenance of computer servers U t t a r (sring accounting data) Pradesh ISO country code of place of maintenance of computer servers (sring accounting data) IN Name of country of place of maintenance of computer servers (sring accounting data) India Phone (with STD/ ISD code) of place of maintenance of computer servers (sring accounting data) 0120-2446800 Yes P l o t N o. 3 4 7 B, E c o t e c h - I I I, U d y o g K e n d r a - I I, G r e a t e r Noida
FASTRACK COMMUNICATIONS PRIVATE LIMITED Standalone Financial Statements for period Disclosure of principal product or services [Table]..(1) Types of principal product or services [Axis] 1 Disclosure of general information about company [Abstract] Disclosure of principal product or services [Abstract] Disclosure of principal product or services [LineItems] Product or service category (ITC 4 digit) code 9988 MANUFECTURING SERVICES ON Description of product or service category PHYSICAL INPUTS OWNED BY OTHERS Turnover of product or service category 193,05,24,457 Highest turnover contributing product or service (ITC 8 digit) code 99887590 Manufacturing and trading in its mobile Description of product or service phones and accessories Turnover of highest contributing product or service 193,05,24,457 [400400] Disclosures - Direcrs report Details of material contracts/arrangements/transactions at arm's length basis [Table]..(1) Material contracts/arrangements/transactions at arm's length basis [Axis] 01 Victronics Name of related party Communications Private Limited Direcr or his Nature of related party relationship relative Details of material contracts/arrangements/transactions at arm's length basis [Abstract] Details of material contracts/arrangements/transactions at arm's length basis [LineItems] Victronics Name of related party Communications Private Limited Direcr or his Nature of related party relationship relative Sale and Purchase Description of nature of material contracts/arrangements/transactions with related party Of goods 01-04-2016 - Duration of material contracts/arrangements/transactions with related party 31-03-2017 Dates of approval of material contracts/arrangements/transactions with related party by board 14/11/2015 Amount paid as advances if any for material contracts/arrangements/transactions with related party 0 Details of direcrs signing board report [Table]..(1) Direcrs signing board report [Axis] 1 2 2 Details of signaries of board report [Abstract] Details of direcrs signing board report [LineItems] Name of direcr signing board report [Abstract] First name of direcr KAPIL YOGESH Middle name of direcr KUMAR Last name of direcr CHUGH CHUGH Designation of direcr Managing Direcr Direcr Direcr identification number of direcr 00341079 07056193 Date of signing board report 15/06/2017 15/06/2017
FASTRACK COMMUNICATIONS PRIVATE LIMITED Standalone Financial Statements for period Disclosure in board of direcrs report explanary [TextBlock] Description of state of companies affair Disclosure relating amounts if any which is proposed carry any reserves Disclosures relating amount recommended be paid as dividend Details regarding energy conservation Details regarding technology absorption Details regarding foreign exchange earnings and outgo Disclosures in direcr s responsibility statement Details of material changes and commitment occurred during period affecting financial position of company Particulars of loans guarantee investment under section 186 [TextBlock] Particulars of contracts/arrangements with related parties under section 188(1) [TextBlock] Whether there are contracts/arrangements/transactions not at arm's length basis Whether there are material contracts/arrangements/transactions at arm's length basis Date of board of direcrs' meeting in which board's report referred under section 134 was approved Disclosure of extract of annual return as provided under section 92(3) [TextBlock] Disclosure of statement on declaration given by independent direcrs under section 149(6) [TextBlock] Disclosure for companies covered under section 178(1) on direcrs appointment and remuneration including other matters provided under section 178(3) [TextBlock] Disclosure of statement on development and implementation of risk management policy [TextBlock] Details on policy development and implementation by company on corporate social responsibility initiatives taken during year [TextBlock] Disclosure as per rule 8(5) of companies accounts rules 2014 [TextBlock] Disclosure of financial summary or highlights [TextBlock] Disclosure of change in nature of business [TextBlock] Textual information (1) [See below] The company during the financial year ending 3 1 s t M a r c h, 2 0 1 7 h a s earned a profit after tax o f R s. 1,54,27,163/- T h e r e i s n o a m o u n t which is proposed be carried out. Textual information (2) [See below] Textual information (3) [See below] Textual information (4) [See below] Textual information (5) [See below] Textual information (6) [See below] Textual information (7) [See below] Textual information (8) [See below] Textual information (9) [See below] No Yes 15/06/2017 Textual information (10) [See below] Textual information (11) [See below] Textual information (12) [See below] Textual information (13) [See below] Textual information (14) [See below] Textual information (15) [See below] T h e r e i s n o c h a n g e i n t h e n a t u r e o f i t s business. Details of direcrs or key managerial personnels who were appointed or have resigned during year [TextBlock] Textual information (16) [See below] 3
FASTRACK COMMUNICATIONS PRIVATE LIMITED Standalone Financial Statements for period SUBSIDIARIES, JOINT VENTURES AND ASSOCIATE COMPANIES Disclosure of companies which have become or ceased be its subsidiaries, joint ventures or associate companies during year [TextBlock] T h e Company does not have any Associate, Joint venture a n d S u b s i d i a r y Company. DEPOSITS Details relating deposits covered under chapter v of companies act [TextBlock] T h e C o m p a n y h a s n e i t h e r accepted nor renewed any deposits during the year u n d e r review. DEPOSITS Details of deposits which are not in compliance with requirements of chapter v of act [TextBlock] T h e C o m p a n y h a s n e i t h e r accepted nor renewed any deposits during the year u n d e r review. Details of significant and material orders passed by regulars or courts or tribunals impacting going concern status and company s operations in future [TextBlock] Details regarding adequacy of internal financial controls with reference financial statements [TextBlock] Disclosure of appointment and remuneration of managerial personnels [TextBlock] Textual information (17) [See below] Textual information (18) [See below] C o m p a n y h a s n o t appointed any managerial personnel during the f i n a n c i a l y e a r u n d e r review Disclosure of composition of audit committee and non-acceptance of any recommendation of audit committee along with reasons [TextBlock] Textual information (19) [See below] Textual information (20) Disclosure of details of establishment of vigil mechanism [TextBlock] [See below] Number of meetings of board [pure] 18 4
FASTRACK COMMUNICATIONS PRIVATE LIMITED Standalone Financial Statements for period Textual information (1) DIRECTORS' REPORT : Disclosure in board of direcrs report explanary [Text Block] To the Members, Your Direcrs have pleasure in submitting their 9th Annual Report of the Company gether with the Audited Statements of Accounts for the year ended 31st March, 2017. 1. FINANCIAL RESULTS The company during the financial year ending 31st March, 2017 has earned a profit after tax of Rs. 1,54,27,163/- (Previous year profit after tax of Rs 1,34,69,822/-). 2. DIVIDEND The Board of Direcrs has not recommended any Dividend during the financial year, due conservation of financial resources for future growth. 3. TRANSFER OF UNCLAIMED DIVIDEND TO INVESTOR EDUCTION AND PROTECTION FUND The provisions of Section 125(2) of the Companies Act, 2013 do not apply as there was no unclaimed dividend, which is be transferred Invesr education and Protection Fund. 4. REVIEW OF BUSINESS OPERATIONS AND FUTURE PROSPECTS Our Company is engaged in the Business of Manufacturing, trading & dealing in all types of telecommunication and computer equipments. During the Financial year the Company has turnover of Rs. 1,930,524,457/- from its Business operations. 5. MATERIAL CHANGES AND COMMITMENT IF ANY AFFECTING THE FINANCIAL POSITION OF THE COMPANY OCCURRED BETWEEN THE END OF THE FINANCIAL YEAR TO WHICH THIS FINANCIAL STATEMENTS RELATE AND THE DATE OF THE REPORT There has not occurred any material changes and commitments which affects, the financial position of the Company, after the end of the financial year under review and up the date of this report 6. CONSERVATION OF ENERGY, TECHNOLOGY ABSORPTION, FOREIGN EXCHANGE EARNINGS AND OUTGO Since the company is engaged in manufacturing activity as per the provisions of Section 134(3)(m) of the Companies Act, 2013 read with Rule, 8 of The Companies (Accounts) Rules, 2014 as detailed in Annexure-A. 7. STATEMENT CONCERNING DEVELOPMENT AND IMPLEMENTATION OF RISK MANAGEMENT POLICY OF THE COMPANY The Company is yet have any Risk Management Policy as the elements of risk threatening the Company s existence are very minimal. 8. DETAILS OF POLICY DEVELOPED AND IMPLEMENTED BY THE COMPANY ON ITS CORPORATE SOCIAL RESPONSIBILITY INITIATIVES 5
FASTRACK COMMUNICATIONS PRIVATE LIMITED Standalone Financial Statements for period The provision of Section 135 of Companies Act, 2013 regarding Corporate Social Responsibility does not apply company. 9. PARTICULARS OF LOANS, GUARANTEES OR INVESTMENTS MADE UNDER SECTION 186 OF THE COMPANIES ACT, 2013 The company has not provide any loans, give guarantees or made any investments during the financial year under review which falls within the purview of Section 186 of the Companies Act, 2013. 10. PARTICULARS OF CONTRACTS OR ARRANGEMENTS MADE WITH RELATED PARTIES The company has entered in a contract of purchase with Victronics Communications Private Limited pursuant Section 188 of the Companies Act 2013, during the year under review, as detailed in form AOC-2 furnished in Annexure B and is attached this Report. 11. EXPLANATION OR COMMENTS ON QUALIFICATIONS, RESERVATIONS OR ADVERSE REMARKS OR DISCLAIMERS MADE BY THE AUDITORS AND THE PRACTICING COMPANY SECRETARY IN THEIR REPORTS There were no qualifications, reservations or adverse remarks made by the Audirs in their report. Secretarial Audit Report The provisions relating submission of Secretarial Audit Report is not applicable the Company. 12. COMPANY S POLICY RELATING TO DIRECTORS APPOINTMENT, PAYMENT OF REMUNERATION AND DISCHARGE OF THEIR DUTIES The provisions of Section 178(1) relating constitution of Nomination and Remuneration Committee are not applicable the Company and hence the Company has not devised any policy relating appointment of Direcrs, payment of Managerial remuneration, Direcrs qualifications, positive attributes, independence of Direcrs and other related matters as provided under Section 178(3) of the Companies Act, 2013. 13. ANNUAL RETURN The extracts of Annual Return pursuant the provisions of Section 92 read with Rule 12 of the Companies (Management and administration) Rules, 2014 is furnished in Annexure C and is attached this Report. 14. NUMBER OF BOARD MEETINGS CONDUCTED DURING THE YEAR UNDER REVIEW The Company had 18 (Eighteen) Board meetings i.e. 11/04/2016, 27/04/2016, 10/05/2016, 20/05/2016, 01/06/2016, 20/06/2016, 04/07/2016, 15/07/2016, 18/07/2016, 22/10/2016, 02/11/2016, 20/12/2016, 26/12/2016, 25/01/2017, 01/02/2017, 28/02/2017, 01/03/2017 and 28/03/2017 during the financial year under review. 15. DIRECTORS RESPONSIBILITY STATEMENT In accordance with the provisions of Section 134(5) of the Companies Act, 2013 the Board hereby submit its responsibility Statement: (a) in the preparation of the annual accounts, the applicable accounting standards had been followed along with proper explanation relating material departures; (b) the direcrs had selected such accounting policies and applied them consistently and made judgments and estimates that are reasonable and prudent so as give a true and fair view of the state of affairs of the company at the end of the financial year and of the profit and loss of the company for that period; (c) the direcrs had taken proper and sufficient care for the maintenance of adequate accounting records in accordance with the provisions of this 6
FASTRACK COMMUNICATIONS PRIVATE LIMITED Standalone Financial Statements for period Act for safeguarding the assets of the company and for preventing and detecting fraud and other irregularities; (d) the direcrs had prepared the annual accounts on a going concern basis; and (f) the direcrs had devised proper systems ensure compliance with the provisions of all applicable laws and that such systems were adequate and operating effectively. 16. SUBSIDIARIES, JOINT VENTURES AND ASSOCIATE COMPANIES The Company does not have any Associate, Joint venture and Subsidiary Company. 17. DEPOSITS The Company has neither accepted nor renewed any deposits during the year under review. 18. DIRECTORS During the year and thereafter, there was no change in the Board of Direcrs except Appointment of Mr. Yogesh Kumar Chugh as Additional Direcr w.e.f. 10th May, 2016 and has been regularized in the Annual General Meeting held on 25th July, 2016 and Resignation of Mrs. Priyanka Chugh from the post of Direcr w.e.f. 10th May, 2016. 19. DECLARATION OF INDEPENDENT DIRECTORS The provisions of Section 149 pertaining the appointment of Independent Direcrs do not apply our Company. 20. STATUTORY AUDITORS M/S MANOJ SANGEETA & ASSOCIATES, Chartered Accountants were appointed as the statury audirs of the company hold office for a term of five years in the last Annual General Meeting subject ratification by the shareholders at every Annual General Meeting. Their continuance of appointment and payment of remuneration are be confirmed and approved in the ensuing Annual General Meeting. The Company has received a certificate from the above Audirs the effect that if they are reappointed, it would be in accordance with the provisions of Section 141 of the Companies Act, 2013. 21. DISCLOSURE OF COMPOSITION OF AUDIT COMMITTEE AND PROVIDING VIGIL MECHANISM The provisions of Section 177 of the Companies Act, 2013 read with Rule 6 and 7 of the Companies (Meetings of the Board and its Powers) Rules, 2013 is not applicable the Company. 22. SHARES a. BUY BACK OF SECURITIES The Company has not bought back any of its securities during the year under review. b. SWEAT EQUITY The Company has not issued any Sweat Equity Shares during the year under review. c. BONUS SHARES 7
FASTRACK COMMUNICATIONS PRIVATE LIMITED Standalone Financial Statements for period No Bonus Shares were issued during the year under review. d. EMPLOYEES STOCK OPTION PLAN The Company has not provided any Sck Option Scheme the employees. The Company has allotted following shares during the year: Date No. of Shares 27/04/2016 1,02,104 01/06/2016 4,48,578 20/06/2016 70,000 11/02/2017 2,6,407 01/03/2017 1,32,591 23. ACKNOWLEDGEMENTS The Direcrs place on record their sincere thanks Employees, bankers, business associates, consultants, and various Government Authorities for their continued support extended your Companies activities during the year under review. Your Direcrs also acknowledges gratefully the shareholders for their support and confidence reposed on your Company. BY ORDER OF THE BOARD FOR FASTRACK COMMUNICATIONS PRIVATE LIMITED KAPIL CHUGH YOGESH KUMAR CHUGH (MANAGING DIRECTOR) Direcr DIN-00341079 DIN -07056193 Address: HOUSE NO.355, SECTOR-21D. Address: C-302, 3RD FLOOR, STATUS ENCLAVE, KALINDI HILLS, ACHIEVERS BUILDERS, SECTOR-49, FARIDABAD 121002 FARIDABAD 121001 Date: 15/06/ 2017 8
FASTRACK COMMUNICATIONS PRIVATE LIMITED Standalone Financial Statements for period Place: New Delhi ANNEXURE A Conservation of energy, research and development, technology absorption, foreign exchange earnings and outgo. (A) Conservation of energy- (i) the steps taken or impact on conservation of energy; Our company operations involve low energy consumption. Our company has taken the following steps reduce consumption of electricity: -Replacement of conventional tube lights with LEDs in all locations. -Lay outs changed in units reduce air conditioning load. -Optimizing load on Air Compressors and prevent air leakages. (ii) the steps taken by the company for utilising alternate sources of energy; The company is using electricity from the Power Distribution Companies and alternatively use generar for power generation. (iii) the capital investment on energy conservation equipments; The company has not made any specific capital investment on energy conservation equipment. (B) Technology absorption- (i) the efforts made wards technology absorption; Our company is working make the products viable by undertaking value engineering projects. Our company is also designing products that will be efficient on consumption of power. (ii) the benefits derived like product improvement, cost reduction, product development or import substitution; The efforts made wards technology absorption will enable the business be sustainable in the future. Our company has also developed LED products and LED Drivers suitable for operations in adverse Indian power supply conditions. (iii) in case of imported technology (imported during the last three years reckoned from the beginning of the financial year)- Our Company has not imported any new technology during the year. (iv) the expenditure incurred on Research and Development. Our Company does not have any Research & Development Department, hence has not incurred any expenditure during the year Expenditure on R&D: NIL 9
FASTRACK COMMUNICATIONS PRIVATE LIMITED Standalone Financial Statements for period (C) Foreign exchange earnings and Outgo- The Foreign Exchange earned in terms of actual inflows during the year and the Foreign Exchange outgo during the year in terms of actual outflows are given hereunder: In Rs. 2016-17 2015-16 Foreign exchange earnings - - Foreign exchange outgoing 35,99,04,165 72,81,34,172 BY ORDER OF THE BOARD FOR FASTRACK COMMUNICATIONS PRIVATE LIMITED KAPIL CHUGH YOGESH KUMAR CHUGH (MANAGING DIRECTOR) Direcr DIN-00341079 DIN -07056193 Address: HOUSE NO.355, SECTOR-21D. Address: C-302, 3RD FLOOR, STATUS ENCLAVE, KALINDI HILLS, ACHIEVERS BUILDERS, SECTOR-49, FARIDABAD 121002 FARIDABAD 121001 Date: 15/06/ 2017 Place: New Delhi ANNEXURE B PARTICULARS OF CONTRACTS OR ARRANGEMENTS WITH RELATED PARTIES: FORM NO. AOC -2 (Pursuant clause (h) of sub-section (3) of section 134 of the Act and Rule 8(2) of the Companies (Accounts) Rules, 2014. 10
FASTRACK COMMUNICATIONS PRIVATE LIMITED Standalone Financial Statements for period Form for Disclosure of particulars of contracts/arrangements entered in by the company with related parties referred in sub section (1) of section 188 of the Companies Act, 2013 including certain arms length transaction under third proviso there. 1. Details of contracts or arrangements or transactions at Arm Length basis. - Contract 1 SL. No. Particulars Details a) 1 Name (s) of the related party & nature of relationship Victronics Communications Private Limited, influence by direcrs of the company. b) 2 Nature of contracts/arrangements/transaction Sale and Purchase Of goods c) 3 Duration of the contracts/arrangements/transaction 01-04-2016 31-03-2017 d) 4 Salient terms of the contracts or arrangements or transaction including the value, if any Value of Transactions happened between both the parties: Rs 4, 96, 89, 392/- e) 5 Date of approval by the Board 14.11.2015 f) 6 Amount paid as advances, if any Sale Price is received in advance BY ORDER OF THE BOARD FOR FASTRACK COMMUNICATIONS PRIVATE LIMITED KAPIL CHUGH YOGESH KUMAR CHUGH (MANAGING DIRECTOR) Direcr DIN-00341079 DIN -07056193 Address: HOUSE NO.355, SECTOR-21D. Address: C-302, 3RD FLOOR, STATUS ENCLAVE, KALINDI HILLS, ACHIEVERS BUILDERS, SECTOR-49, FARIDABAD 121002 FARIDABAD 121001 Date: 15/06/ 2017 Place: New Delhi 11
FASTRACK COMMUNICATIONS PRIVATE LIMITED Standalone Financial Statements for period ANNEXURE C Form No. MGT-9 EXTRACT OF ANNUAL RETURN as on the financial year ended on 31st March 2017 [Pursuant section 92(3) of the Companies Act, 2013 and rule 12(1) of the Companies (Management and Administration) Rules, 2014] I REGISTRATION & OTHER DETAILS: i CIN U64200DL2008PTC179213 ii Registration Date 09/06/2008 iii Name of the Company FASTRACK COMMUNICATIONS PRIVATE LIMITED iv Category/Sub-category of the Company COMPANY LIMITED BY SHARES/ INDIAN NON- GOVERNMENT COMPANY v Address of the Registered office & contact details 284, AMARPALI APARTMENT, I.P EXTENSION, PATPARGANJ NEW DELHI- 110092 vi Whether listed company NO vii Name, Address & contact details of the Registrar & Transfer Agent, if any. N/A II PRINCIPAL BUSINESS ACTIVITIES OF THE COMPANY All the business activities contributing 10% or more of the tal turnover of the company shall be stated. SL No Name & Description of main products/services NIC Code of the Product /service % tal turnover of the company 1 Manufacturing & Trading in mobile phones and its accessories 99612850 100% III PARTICULARS OF HOLDING, SUBSIDIARY AND ASSOCIATE COMPANIES. Sl No Name & Address of the Company CIN/GLN HOLDING/ SUBSIDIARY/ ASSOCIATE % OF SHARES HELD APPLICABLE SECTION 1 N.A. N.A. N.A. N.A. N.A. IV. SHARE HOLDING PATTERN (Equity Share Capital Breakup as percentage of Total Equity): 12
FASTRACK COMMUNICATIONS PRIVATE LIMITED Standalone Financial Statements for period i) Category-wise Share Holding: Category of Shareholders No. of Shares held at the beginning of the year No. of Shares held at the beginning of the year No. of Shares held at the beginning of the year No. of Shares held at the beginning of the year No. of Shares held at the end of the year No. of Shares held at the end of the year No. of Shares held at the end of the year No. of Shares held at the end of the year % change during the year Demat Physical Total % of Total Shares Demat Physical Total % of Total Shares A. Promoters (1) Indian a) Individual/HUF - 374145 374145 44.52-949717 949717 51 - b) Central Govt. or State Govt. - - - - - - - - - c) Bodies Corporate - 270405 270405 32.18 911313 911313 49 - d) Bank/FI - - - - - - - - - e) Any other SUB TOTAL:(A) (1) - 644550 644550 76.70-1861030 1861030 100 - (2) Foreign a) NRI- Individuals - - - - - - - - - b) Other Individuals - - - - - - - - - c) Bodies Corp. - - - - - - - - - d) Banks/FI - - - - - - - - - e) Any other - - - - - - - - - SUB TOTAL (A) (2) - - - - - - - - - 13
FASTRACK COMMUNICATIONS PRIVATE LIMITED Standalone Financial Statements for period Total Shareholding of Promoter (A)= (A)(1)+(A)(2) - 644550 644550 76.70 - - - - - B. PUBLIC SHAREHOLDING (1) Institutions - - - - - - - - - a) Mutual Funds - - - - - - - - - b) Banks/FI - - - - - - - - C) Central govt - - - - - - - - - d) State Govt. - - - - - - - - - e) Venture Capital Fund - - - - - - - - - f) Insurance Companies - - - - - - - - - g) FIIS - - - - - - - - - h) Foreign Venture Capital Funds - - - - - - - - - i) Others (specify) - - - - - - - - - SUB TOTAL (B)(1): - - - - - - - - - (2) Non Institutions a) Bodies corporate - 73605 73605 8.76 - - - - - i) Indian - - - - - - - - - ii) Overseas - - - - - - - - b) Individuals - - - - - - - - - i) Individual shareholders holding nominal share capital up Rs.1 lakhs - 122195 122195 14.54 - - - - - 14
FASTRACK COMMUNICATIONS PRIVATE LIMITED Standalone Financial Statements for period ii) Individuals shareholders holding nominal share capital in excess of Rs. 1 lakhs - - - - - - - - - c) Others (specify) - - - - - - - - - SUB TOTAL (B)(2): Total Public Shareholding (B)= (B)(1)+(B)(2) - 195800 195800 23.30 - - - - - C. Shares held by Cusdian for GDRs & ADRs - - - - - - - - - Grand Total (A+B+C) - 840350 840350 100-1861030 1861030 100 NIL (ii) SHARE HOLDING OF PROMOTERS Sl Shareholders Name No. Shareholding at the beginning of the year Shareholding at the beginning of the year Shareholding at the beginning of the year Shareholding at the end of the year Shareholding at the end of the year Shareholding at the end of the year % chan ge in share holdi ng durin g the year NO of shares % of tal shares of the company % of shares pledged encumbered tal shares NO of shares % of tal shares of the company % of shares pledged encumbered tal shares 1 Sandeep Mushran 232773 27.70 Nil 232773 12.51 Nil 12.51 2 Kapil Chugh 141372 16.82 Nil 519994 27.94 Nil 27.94 3. Yogesh Kumar Chugh Nil Nil Nil 82748 4.45 Nil 4.44 4. Starorama Technologies Pvt. Ltd. 202000 24.04 Nil 911313 49.00 Nil 49.00 5. Priyanka Chugh Nil Nil Nil 114262 6.14 Nil 6.14 TOTAL 232783 33.33 Nil 1861030 100 Nil 100 (iii) CHANGE IN PROMOTERS' SHAREHOLDING (PLEASE SPECIFY IF THERE IS NO CHANGE) 15
FASTRACK COMMUNICATIONS PRIVATE LIMITED Standalone Financial Statements for period Sl. No. Particulars Share holding at the beginning of the Year Share holding at the beginning of the Year Cumulative Share holding during the year Cumulative Share holding during the year No. of Shares % of tal shares of the company No of shares % of tal shares of the company 1. Sandeep Mushran A At the beginning of the year 232773 27.70 232773 27.70 Date wise increase/decrease in Promoters Share holding during the year specifying the reasons for increase/decrease (e.g. allotment/transfer/bonus/sweat equity etc) - - - - At the end of the year 232773 12.51 232773 12.51 2. Kapil Chugh At the beginning of the year 141372 16.82 141372 16.82 27/04/2016 141372 shares (Transfer of 122195 shares from Gopal Krishan Kalra Kapil Chugh) 27/04/2016 10,526 Right issue of shares has been made Mr. Kapil Chugh. 01/06/2016 Date wise increase/decrease in Promoters Share holding during the year specifying the reasons for increase/decrease (e.g. allotment/transfer/bonus/sweat equity etc) 2,50,842 Right issue of shares has been made Mr. Kapil Chugh. 15/07/2016 55,000 shares 16.82 519934 27.94 (Transfer of 55,000 shares from kapil chugh Priyanka chugh) 11/02/2017 17,037 Right issue of shares has been made Mr. Kapil Chugh. 16
FASTRACK COMMUNICATIONS PRIVATE LIMITED Standalone Financial Statements for period 01/03/2017 32,962 Right issue of shares has been made Mr. Kapil Chugh. At the end of the year 519934 27.94 519934 27.94 3. Starorama Properties Private Limited (Presently Known as Starorama Trading private limited) At the beginning of the year 68405 8.14 68405 8.14 Date wise increase/decrease in Promoters Share holding during the year specifying the reasons for increase/decrease (e.g. allotment/transfer/bonus/sweat equity etc) 20/06/2016 Transfer of 59,262 shares from Starorama Properties private limited Priyanka Chugh 20/06/2016 Transfer of 9143 shares from Starorama Properties private limited Yogesh Kumar Chugh. 20/06/2016 At the end of the year Nil Nil Nil Nil 4. Starorama Technologies Private Limited At the beginning of the year 202000 202000 202000 202000 27/04/2016 91,578 Right issue of Shares has been made M/s Starorama Technologies pvt ltd. 01/06/2016 39,921 Right issue of shares has been made M/s Starorama Technologies pvt ltd. Date wise Increase / (Decrease )in Promoters Share holding during the year specifying the reasons for increase / decrease (e.g. allotment / transfer / bonus/ sweat equity etc): 22/10/2016 Transfer of 2,27,815 from Victronics Communications private limited M/s Starorama Technologies pvt ltd. 11/02/2017 2,50,370 Right issue of shares has been made M/s Starorama Technologies pvt ltd. 01/03/2017 99,629 Right issue of shares has been made M/s Starorama Technologies pvt ltd. At the End of the year 911131 49.00 911131 49.00 17
FASTRACK COMMUNICATIONS PRIVATE LIMITED Standalone Financial Statements for period 5. Yogesh Kumar Chugh At the beginning of the year - - - - Date wise Increase / (Decrease )in Promoters Share holding during the year specifying the reasons for increase / decrease (e.g. allotment / transfer / bonus/ sweat equity etc): 20/06/2016 Transfer of 9,143 shares from Starorama Properties private Limited Mr. Yogesh Kumar Chugh. 04/07/2016 Transfer of 73,605 shares from Starorama Properties private Limited Mr. Yogesh Kumar Chugh. - 82,748 4.44 At the End of the year 82,748 4.44 82,748 4.44 6. Priyanka Chugh At the beginning of the year - - - - Date wise Increase / (Decrease )in Promoters Share holding during the year specifying the reasons for increase / decrease (e.g. allotment / transfer / bonus/ sweat equity etc): 20/06/2016 Transfer of 59,262 shares from Starorama Properties private Limited Mrs. Priyanka Chugh. 15/07/2016 Transfer of 55,000 shares from Kapil Chugh Mr. Priyanka Chugh. - 1,14,262 6.14 At the End of the year 1,14,262 6.14 1,14,262 6.14 (iv) Shareholding Pattern of p ten Shareholders (other than Direcrs, Promoters & Holders of GDRs & ADRs) Sl. No Particulars Shareholding at the end of the year Shareholding at the end of the year Cumulative Shareholding during the year Cumulative Shareholding during the year For Each of the Top 10 Shareholders No. of shares % of tal shares of the company No of shares % of tal shares of the company 1 Nil Nil Nil Nil Nil At the beginning of the year Nil Nil Nil Nil 18
FASTRACK COMMUNICATIONS PRIVATE LIMITED Standalone Financial Statements for period Date wise Increase / (Decrease )in Share holding during the year specifying the reasons for increase / decrease (e.g. allotment / transfer / bonus/ sweat equity etc): Nil Nil Nil Nil At the End of the year ( or on the date of separation, if separated during the year) Nil Nil Nil Nil (v) Shareholding of Direcrs & KMP Shareholding Sl. No particulars Shareholding at the end of the year at the end of the year Cumulative Shareholding during the year Cumulative Shareholding during the year For Each of the Direcrs & KMP No. of shares % of tal shares of the company No of shares % of tal shares of the company 1. SANDEEP MUSHRAN - At the beginning of the year 232773 27.70 232773 27.70 - Date wise Increase / (Decrease )in Share holding during the year specifying the reasons for increase / decrease (e.g. allotment / transfer / bonus/ sweat equity etc): Nil Nil Nil Nil At the End of the year 232773 12.51 232773 12.51 2. YOGESH KUMAR CHUGH** At the beginning of the year NIL NIL 82,748 4.44 Date wise Increase / (Decrease )in Share holding during the year specifying the reasons for increase / decrease (e.g. allotment / transfer / bonus/ sweat equity etc): 20/06/2016 Transfer of 9,143 shares from Starorama Properties private Limited Mr. Yogesh Kumar Chugh. 04/07/2016 Transfer of 73,605 shares from Starorama Properties private Limited Mr. Yogesh Kumar Chugh. At the End of the year 82,748 4.44 82,748 4.44 4. KAPIL CHUGH At the beginning of the year 141372 16.82 141372 16.82 27/04/2016 141372 shares (Transfer of 19
FASTRACK COMMUNICATIONS PRIVATE LIMITED Standalone Financial Statements for period 122195 shares from Gopal Krishan Kalra Kapil Chugh) 27/04/2016 10,526 Right issue of shares has been made Mr. Kapil Chugh. 01/06/2016 Date wise Increase / (Decrease )in Share holding during the year specifying the reasons for increase / decrease (e.g. allotment / transfer / bonus/ sweat equity etc): 2,50,842 Right issue of shares has been made Mr. Kapil Chugh. 15/07/2016 55,000 shares 16.82 519934 27.94 (Transfer of 55,000 shares from kapil chugh Priyanka chugh) 11/02/2017 17,037 Right issue of shares has been made Mr. Kapil Chugh. 01/03/2017 32,962 Right issue of shares has been made Mr. Kapil Chugh. At the End of the year 519934 27.94 519934 27.94 V INDEBTEDNESS Indebtedness of the Company including interest outstanding/accrued but not due for payment Secured Loans excluding deposits Unsecured Loans Deposits Total Indebtedness Indebtness at the beginning of the financial year i) Principal Amount 10,22,30,007 2,74,441-102,504,448 ii) Interest due but not paid - - - - iii) Interest accrued but not due - - - - Total (i+ii+iii) 10,22,30,007 2,74,441-102,504,448 Change in Indebtedness during the financial year i) Additions 112,688,308 - - 112,688,308 ii) Reduction - 2,74,441-2,74,441 20
FASTRACK COMMUNICATIONS PRIVATE LIMITED Standalone Financial Statements for period Net Change 112,688,308 (Addition) 2,74,441 (REDUCTION) - 112,413,867 Indebtedness at the end of the financial year i) Principal Amount 214,918,315 - - 214,918,315 ii) Interest due but not paid - - - - iii) Interest accrued but not due - - - - Total (i+ii+iii) 214,918,315 - - 214,918,315 VI REMUNERATION OF DIRECTORS AND KEY MANAGERIAL PERSONNEL A. Remuneration Managing Direcr, Whole time direcr and/or Manager: Sl. Particulars of Remuneration no. Name of Name of Name of Name of MD/WTD/Manager MD/WTD/Manager MD/WTD/Manager MD/WTD/Manager Total Amount KAPIL CHUGH Gross salary 1. (a) Salary as per provisions contained in section 17(1) of the Income-tax Act, 1961 24,00,000/- (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. Sck Option NIL 3. Sweat Equity NIL 21
FASTRACK COMMUNICATIONS PRIVATE LIMITED Standalone Financial Statements for period 4. Commission - as % of profit - others, specify NIL 5. Others, please specify NIL Total (A) Ceiling as per the Act B. Remuneration other direcr. Sl. no. Particulars of Remuneration Name of Direcr Name of Direcr Name of Direcr Total Amount 3. Independent Direcrs NIL NIL NIL NIL Fee for attending board /committee meetings NIL NIL NIL NIL Commission NIL NIL NIL NIL Others, please specify NIL NIL NIL NIL Total (1) NIL NIL NIL NIL 4. Other Non-Executive/Executive Direcrs Sandeep Mushran Yogesh Kumar Chugh Priyanka Chugh Total Fee for attending board /committee meetings Commission Others, please specify 24,00,000 12,00,000 1,00,000 37,00,000 Total (2) 24,00,000 12,00,000 1,00,000 37,00,000 Total (B)=(1+2) 24,00,000 12,00,000 1,00,000 37,00,000 Total Managerial Remuneration 24,00,000 12,00,000 1,00,000 37,00,000 Overall Ceiling as per the Act - - - C. REMUNERATION TO KEY MANAGERIAL PERSONNEL OTHER THAN MD/MANAGER/WTD Sl. Particulars of Remuneration 22
FASTRACK COMMUNICATIONS PRIVATE LIMITED Standalone Financial Statements for period no. CEO Company Secretary CFO Total 1. The company is not having any CEO/CFO/Company Secretary or any other Gross salary (a) Salary as per Provisions contained KMP. in section 17(1) of the Income-tax Act, 1961 (b) Value of perquisites u/s 17(2) Income-tax Act, 1961 The company is not having any CEO/CFO/Company Secretary or any other KMP. (c) Profits in lieu of salary under section 17(3) Income-tax Act, 1961 The company is not having any CEO/CFO/Company Secretary or any other KMP. 2. Sck Option The company is not having any CEO/CFO/Company Secretary or any other KMP. 3. Sweat Equity The company is not having any CEO/CFO/Company Secretary or any other KMP. 4. Commission - as % of profit - others, specify The company is not having any CEO/CFO/Company Secretary or any other KMP. 5. Others, please specify The company is not having any CEO/CFO/Company Secretary or any other KMP. Total The company is not having any CEO/CFO/Company Secretary or any other KMP. VII PENALTIES/PUNISHMENT/COMPPOUNDING OF OFFENCES Type Section of the Companies Act Details of Brief Penalty/Punishment/Compounding fees Description imposed Authority (RD/NCLT/Court) Appeal made if any (give details) A. COMPANY Penalty NIL NIL NIL NIL NIL 23
FASTRACK COMMUNICATIONS PRIVATE LIMITED Standalone Financial Statements for period Punishment NIL NIL NIL NIL NIL Compounding NIL NIL NIL NIL NIL B. DIRECTORS Penalty NIL NIL NIL NIL NIL Punishment NIL NIL NIL NIL NIL Compounding NIL NIL NIL NIL NIL C. OTHER OFFICERS IN DEFAULT Penalty NIL NIL NIL NIL NIL Punishment NIL NIL NIL NIL NIL Compounding NIL NIL NIL NIL NIL BY ORDER OF THE BOARD FOR FASTRACK COMMUNICATIONS PRIVATE LIMITED KAPIL CHUGH YOGESH KUMAR CHUGH (MANAGING DIRECTOR) Direcr DIN-00341079 DIN -07056193 Address: HOUSE NO.355, SECTOR-21D. Address: C-302, 3RD FLOOR, STATUS ENCLAVE, KALINDI HILLS, ACHIEVERS BUILDERS, SECTOR-49, FARIDABAD 121002 FARIDABAD 121001 Date: 15/06/ 2017 Place: New Delhi 24
FASTRACK COMMUNICATIONS PRIVATE LIMITED Standalone Financial Statements for period Textual information (2) Disclosures relating amount recommended be paid as dividend DIVIDEND The Board of Direcrs has not recommended any Dividend during the financial year, due conservation of financial resources for future growth. Textual information (3) Details regarding energy conservation CONSERVATION OF ENERGY, TECHNOLOGY ABSORPTION, FOREIGN EXCHANGE EARNINGS AND OUTGO Since the company is engaged in manufacturing activity as per the provisions of Section 134(3)(m) of the Companies Act, 2013 read with Rule, 8 of The Companies (Accounts) Rules, 2014 as detailed in Annexure-A. (A) Conservation of energy- (i) the steps taken or impact on conservation of energy; Our company operations involve low energy consumption. Our company has taken the following steps reduce consumption of electricity: -Replacement of conventional tube lights with LEDs in all locations. -Lay outs changed in units reduce air conditioning load. -Optimizing load on Air Compressors and prevent air leakages. (ii) the steps taken by the company for utilising alternate sources of energy; The company is using electricity from the Power Distribution Companies and alternatively use generar for power generation. (iii) the capital investment on energy conservation equipments; The company has not made any specific capital investment on energy conservation equipment. Textual information (4) Details regarding technology absorption CONSERVATION OF ENERGY, TECHNOLOGY ABSORPTION, FOREIGN EXCHANGE EARNINGS AND OUTGO Since the company is engaged in manufacturing activity as per the provisions of Section 134(3)(m) of the Companies Act, 2013 read with Rule, 8 of The Companies (Accounts) Rules, 2014 as detailed in Annexure-A. Technology absorption- (i) the efforts made wards technology absorption; Our company is working make the products viable by undertaking value engineering projects. Our company is also designing products that will be efficient on consumption of power. (ii) the benefits derived like product improvement, cost reduction, product development or import substitution; The efforts made wards technology absorption will enable the business be sustainable in the future. Our company has also developed LED products and LED Drivers suitable for operations in adverse Indian power supply conditions. (iii) in case of imported technology (imported during the last three years reckoned from the beginning of the financial year)- Our Company has not imported any new technology during the year. (iv) the expenditure incurred on Research and Development. Our Company does not have any Research & Development Department, hence has not incurred any expenditure during the year Expenditure on R&D: NIL 25
FASTRACK COMMUNICATIONS PRIVATE LIMITED Standalone Financial Statements for period Textual information (5) Details regarding foreign exchange earnings and outgo CONSERVATION OF ENERGY, TECHNOLOGY ABSORPTION, FOREIGN EXCHANGE EARNINGS AND OUTGO Since the company is engaged in manufacturing activity as per the provisions of Section 134(3)(m) of the Companies Act, 2013 read with Rule, 8 of The Companies (Accounts) Rules, 2014 as detailed in Annexure-A. Foreign exchange earnings and Outgo- The Foreign Exchange earned in terms of actual inflows during the year and the Foreign Exchange outgo during the year in terms of actual outflows are given hereunder: In Rs. 2016-17 2015-16 Foreign exchange earnings - - Foreign exchange outgoing 35,99,04,165 72,81,34,172 Textual information (6) Disclosures in direcr s responsibility statement DIRECTORS RESPONSIBILITY STATEMENT In accordance with the provisions of Section 134(5) of the Companies Act, 2013 the Board hereby submit its responsibility Statement: (a) in the preparation of the annual accounts, the applicable accounting standards had been followed along with proper explanation relating material departures; (b) the direcrs had selected such accounting policies and applied them consistently and made judgments and estimates that are reasonable and prudent so as give a true and fair view of the state of affairs of the company at the end of the financial year and of the profit and loss of the company for that period; (c) the direcrs had taken proper and sufficient care for the maintenance of adequate accounting records in accordance with the provisions of this Act for safeguarding the assets of the company and for preventing and detecting fraud and other irregularities; (d) the direcrs had prepared the annual accounts on a going concern basis; and (f) the direcrs had devised proper systems ensure compliance with the provisions of all applicable laws and that such systems were adequate and operating effectively. Textual information (7) Details of material changes and commitment occurred during period affecting financial position of company MATERIAL CHANGES AND COMMITMENT IF ANY AFFECTING THE FINANCIAL POSITION OF THE COMPANY OCCURRED BETWEEN THE END OF THE FINANCIAL YEAR TO WHICH THIS FINANCIAL STATEMENTS RELATE AND THE DATE OF THE REPORT There has not occurred any material changes and commitments which affects, the financial position of the Company, after the end of the financial year under review and up the date of this report Textual information (8) Particulars of loans guarantee investment under section 186 [Text Block] PARTICULARS OF LOANS, GUARANTEES OR INVESTMENTS MADE UNDER SECTION 186 OF THE COMPANIES ACT, 2013 The company has not provide any loans, give guarantees or made any investments during the financial year under review which falls within the purview of Section 186 of the Companies Act, 2013. 26
FASTRACK COMMUNICATIONS PRIVATE LIMITED Standalone Financial Statements for period Textual information (9) Particulars of contracts/arrangements with related parties under section 188(1) [Text Block] PARTICULARS OF CONTRACTS OR ARRANGEMENTS MADE WITH RELATED PARTIES The company has entered in a contract of purchase with Victronics Communications Private Limited pursuant Section 188 of the Companies Act 2013, during the year under review, as detailed in form AOC-2 furnished in Annexure B and is attached this Report. ANNEXURE B PARTICULARS OF CONTRACTS OR ARRANGEMENTS WITH RELATED PARTIES: FORM NO. AOC -2 (Pursuant clause (h) of sub-section (3) of section 134 of the Act and Rule 8(2) of the Companies (Accounts) Rules, 2014. Form for Disclosure of particulars of contracts/arrangements entered in by the company with related parties referred in sub section (1) of section 188 of the Companies Act, 2013 including certain arms length transaction under third proviso there. 1. Details of contracts or arrangements or transactions at Arm Length basis. - Contract 1 SL. No. Particulars Details a) 1 Name (s) of the related party & nature of relationship Victronics Communications Private Limited, influence by direcrs of the company. b) 2 Nature of contracts/arrangements/transaction Sale and Purchase Of goods c) 3 Duration of the contracts/arrangements/transaction 01-04-2016 31-03-2017 d) 4 Salient terms of the contracts or arrangements or transaction including the value, if any Value of Transactions happened between both the parties: Rs 4, 96, 89, 392/- e) 5 Date of approval by the Board 14.11.2015 f) 6 Amount paid as advances, if any Sale Price is received in advance BY ORDER OF THE BOARD FOR FASTRACK COMMUNICATIONS PRIVATE LIMITED KAPIL CHUGH YOGESH KUMAR CHUGH 27
FASTRACK COMMUNICATIONS PRIVATE LIMITED Standalone Financial Statements for period (MANAGING DIRECTOR) Direcr DIN-00341079 DIN -07056193 Address: HOUSE NO.355, SECTOR-21D. Address: C-302, 3RD FLOOR, STATUS ENCLAVE, KALINDI HILLS, ACHIEVERS BUILDERS, SECTOR-49, FARIDABAD 121002 FARIDABAD 121001 Date: JUNE 15, 2017 Place: New Delhi 28
FASTRACK COMMUNICATIONS PRIVATE LIMITED Standalone Financial Statements for period Textual information (10) ANNUAL RETURN Disclosure of extract of annual return as provided under section 92(3) [Text Block] The extracts of Annual Return pursuant the provisions of Section 92 read with Rule 12 of the Companies (Management and administration) Rules, 2014 is furnished in Annexure C and is attached this Report. ANNEXURE C Form No. MGT-9 EXTRACT OF ANNUAL RETURN as on the financial year ended on 31st March 2017 [Pursuant section 92(3) of the Companies Act, 2013 and rule 12(1) of the Companies (Management and Administration) Rules, 2014] I REGISTRATION & OTHER DETAILS: i CIN U64200DL2008PTC179213 ii Registration Date 09/06/2008 iii Name of the Company FASTRACK COMMUNICATIONS PRIVATE LIMITED iv Category/Sub-category of the Company COMPANY LIMITED BY SHARES/ INDIAN NON- GOVERNMENT COMPANY v Address of the Registered office & contact details 284, AMARPALI APARTMENT, I.P EXTENSION, PATPARGANJ NEW DELHI- 110092 vi Whether listed company NO vii Name, Address & contact details of the Registrar & Transfer Agent, if any. N/A II PRINCIPAL BUSINESS ACTIVITIES OF THE COMPANY All the business activities contributing 10% or more of the tal turnover of the company shall be stated. SL No Name & Description of main products/services NIC Code of the Product /service % tal turnover of the company 1 Manufacturing & Trading in mobile phones and its accessories 99612850 100% 29
FASTRACK COMMUNICATIONS PRIVATE LIMITED Standalone Financial Statements for period III PARTICULARS OF HOLDING, SUBSIDIARY AND ASSOCIATE COMPANIES Sl No Name & Address of the Company CIN/GLN HOLDING/ SUBSIDIARY/ ASSOCIATE % OF SHARES HELD APPLICABLE SECTION 1 N.A. N.A. N.A. N.A. N.A. IV. SHARE HOLDING PATTERN (Equity Share Capital Breakup as percentage of Total Equity): i) Category-wise Share Holding: Category of Shareholders No. of Shares held at the beginning of the year No. of Shares held at the beginning of the year No. of Shares held at the beginning of the year No. of Shares held at the beginning of the year No. of Shares held at the end of the year No. of Shares held at the end of the year No. of Shares held at the end of the year No. of Shares held at the end of the year % change during the year Demat Physical Total % of Total Shares Demat Physical Total % of Total Shares A. Promoters (1) Indian a) Individual/HUF - 374145 374145 44.52-949717 949717 51 - b) Central Govt. or State Govt. - - - - - - - - - c) Bodies Corporate - 270405 270405 32.18 911313 911313 49 - d) Bank/FI - - - - - - - - - e) Any other SUB TOTAL:(A) (1) - 644550 644550 76.70-1861030 1861030 100 - (2) Foreign a) NRI- Individuals - - - - - - - - - b) Other Individuals - - - - - - - - - 30
FASTRACK COMMUNICATIONS PRIVATE LIMITED Standalone Financial Statements for period c) Bodies Corp. - - - - - - - - - d) Banks/FI - - - - - - - - - e) Any other - - - - - - - - - SUB TOTAL (A) (2) - - - - - - - - - Total Shareholding of Promoter (A)= (A)(1)+(A)(2) - 644550 644550 76.70 - - - - - B. PUBLIC SHAREHOLDING (1) Institutions - - - - - - - - - a) Mutual Funds - - - - - - - - - b) Banks/FI - - - - - - - - C) Central govt - - - - - - - - - d) State Govt. - - - - - - - - - e) Venture Capital Fund - - - - - - - - - f) Insurance Companies - - - - - - - - - g) FIIS - - - - - - - - - h) Foreign Venture Capital Funds - - - - - - - - - i) Others (specify) - - - - - - - - - SUB TOTAL (B)(1): - - - - - - - - - (2) Non Institutions a) Bodies corporate - 73605 73605 8.76 - - - - - i) Indian - - - - - - - - - 31
FASTRACK COMMUNICATIONS PRIVATE LIMITED Standalone Financial Statements for period ii) Overseas - - - - - - - - b) Individuals - - - - - - - - - i) Individual shareholders holding nominal share capital up Rs.1 lakhs - 122195 122195 14.54 - - - - - ii) Individuals shareholders holding nominal share capital in excess of Rs. 1 lakhs - - - - - - - - - c) Others (specify) - - - - - - - - - SUB TOTAL (B)(2): Total Public Shareholding (B)= (B)(1)+(B)(2) - 195800 195800 23.30 - - - - - C. Shares held by Cusdian for GDRs & ADRs - - - - - - - - - Grand Total (A+B+C) - 840350 840350 100-1861030 1861030 100 NIL (ii) SHARE HOLDING OF PROMOTERS Sl Shareholders Name No. Shareholding at the beginning of the year Shareholding at the beginning of the year Shareholding at the beginning of the year Shareholding at the end of the year Shareholding at the end of the year Shareholding at the end of the year % chan ge in share holdi ng durin g the year NO of shares % of tal shares of the company % of shares pledged encumbered tal shares NO of shares % of tal shares of the company % of shares pledged encumbered tal shares 1 Sandeep Mushran 232773 27.70 Nil 232773 12.51 Nil 12.51 2 Kapil Chugh 141372 16.82 Nil 519994 27.94 Nil 27.94 3. Yogesh Kumar Chugh Nil Nil Nil 82748 4.45 Nil 4.44 4. Starorama Technologies Pvt. 202000 24.04 Nil 911313 49.00 Nil 49.00 32