Stratmont Industries Ltd. के निदेशक की रिपोर्ट

Mar 31, 2025

Your Directors have pleasure in presenting the 41st Annual Report on business operation, together with Audited Financial statement for the year ended March 31,2025.

Financial Summary

1. The summarized financial highlight is depicted below:

	(All amounts in INR Rupees, unless otherwise stated)
Particulars	31st-March-25	31st March-24
Revenue from operations	9,270.17	8,725.33
Other income	13.79	24.23
Total income	9283.95	8,749.56
Expenses
Purchases of stock in trade	8705.82	8471.69
Changes of inventory - stock in trade	13.43	42.13
Employee benefits expense	52.84	42.76
Finance costs	95.25	39.45
Depreciation and amortization expense	59.96	56.11
Other expenses	213.15	66.53
Total expenses	9140.46	8634.41
Profit before exceptional items and tax	115.14	110.20
Exceptional items	0	0
Profit before tax	143.50	115.14
Tax expense
Provision for Current tax	-27.27	-34.59
Deferred tax (benefit)/charge	-12.65	-4.65
Total tax expense	-39.92	-39.24
Profit for the year	103.58	75.90
Earnings per equity share (FV of Rs.10 each)
Basic	0.36	2.17
Diluted	0.36	2.17

2. TRANSFER TO RESERVE:

During the year under review, the Company has not transferred any amount to the General Reserve

3. Dividend:

The directors of company has not recommended any dividend for the current Period.

4. TRANSFER OF UNCLAIMED DIVIDEND TO INVESTOR EDUCATION AND PROTECTION FUND:

Since there was no unpaid/unclaimed Dividend in the books or any Unpaid Dividend declared and paid last year, the provisions of Section 125 of the Companies Act, 2013 do not apply to your Company.

5. Fixed Deposits:

During the Period Your Company has not accepted any public deposits during the financial period under review.

6. CHANGE IN NATURE OF BUSINESS:

There has been change in the business of the Company during the financial year ending March 31,2025 as Follows:

(1) To carry on in India and elsewhere in the world the industry, trade or business of casting the ingots of iron, steel, copper, bronze, aluminium and other ferrous and non-ferrous ingots and or the rolling of bars and rods of iron, steel, copper, brass, bronze, aluminium and other ferrous and nonferrous metals, and/or the drawings and extrusion for wires, pipes and tubes of iron, steel, copper, brass, bronze, aluminium and other ferrous and non-ferrous metals, and/or the manufacturers of finished products of ropes, of ferrous and lion-ferrous metals, cables of copper, iron, steel, bronze, aluminium and other ferrous and non-ferrous metals, trolley wires made of bronze, iron, steel, copper, brass, aluminium and other ferrous and non- ferrous metals, galvanised iron wires, wire fencing, wire netting, wire nails, wire clips and wire staples of ferrous and non-ferrous metals and business of Manufacturer and trader of Steel industries ,TMT Billet ,stainless steel, pellet pig iron, ferro alloys, solar energy, wind energy, textiles, copper ,nickel, ,Aluminum, Edible, oil, Cement , Argo commodities, Ethanol, coal power plant, Fabrication unit, paper Mill, Chemical, Pharma, Rice, Auto components, mining, coal manufacturing and trading, saw pipes, Pilling Rig Rental, concreate or any other related Infrastructure business, fabrication, commodities supply, Industrial Raw material, Commodity ,supply chain of all types of manufacturing of Infra or Infra related work , where all trading, financing, infra equipment Rental, Infra contracting, occupier, lessor, interior decorators, civil contractors, maintenance of residential , commercial and industrial Building ,mall, multiplexes, township projects, infrastructure projects , stainless steel , STIP, colonies, construction & manufacturer of trader of foundation, Heavy Industry ,Tools, stone crusher, milk and factory, sheds and buildings, workshop''s building, cinema house, building and other infrastructure projects to deal in all kinds of immovable properties whether belongs to the company in India or not in India and to under take or carry on the business of purchasing ,selling and developing any types of infraprojects land or plot whether residential ,commercial,

industrial, rural & urban, that may belong to company or to any other person of whatever nature and to deal in hand or immovable properties of any description r nature on commission basis and for that purpose to make agreement to sell the land of the company or of any body else and to deal in building material electrical and civil materials in India and abroad & to manufacturing or Trading and Distribution of commodities of Coke, hard coke and other coal / coke related products.

(2) To do the business of wire drawers and manufacture of, dealers in and exporters and importers in steel wires, copper wires, brass wires, zinc wires and other wires of all ferrous and non-ferrous metals and their compounds and to cover these wires wherever necessary with rubber, plastic or any other non-conductor and to manufacture overhead and under-ground cables, electrical wires & to manufacture of Steel, saw pipes and to carry o business of and act as a merchants, traders, commission, and mercantile agents ,clearing agents, shipping, agents whether within or outside the territory of union of India and to import ,export ,buy sell, barter ,exchange, pledge make advance upon or otherwise deal in goods ,produce ,articles ,merchandise including capital and consumable Goods .To carry on the business of and iron ,steel, mechanical Engineering , founders, fabricators, manufacturers and deal in iron steel and alloys, goods plants and mechanical Equipment''s of various kinds and manufacturer .

(3) To Carry on the business(es) of dealing in Real Estate, property development Estate agency and without limiting to the generality above, to acquire by purchase, exchange, rent or otherwise deal either individually or through its subsidiaries or SPVs formed directly or indirectly or as joint venture with any company/ firm / individual / consultant / Public Sector Undertaking / Government Department / Statutory Bodies whether local or foreign in lands, buildings and hereditaments or any estate or interest therein and any rights over or connected with lands so situated and to turn the same to account in any way as may seem expedient and in particular by laying out, developing or assist in developing, preparing land for building and preparing building sites by planting, paving, drawing and by constructing, re-constructing, pulling down, altering, improving, decorating, furnishing and maintaining offices, flats, service flats, houses, hotels, restaurants, bungalows, warehouses, shops, cinema houses, shopping and commercial complexes, buildings, works and conveniences of all kinds, by consolidating or subdividing properties, by leasing, letting or renting, selling by installments, ownership, hire purchase basis or otherwise or disposing of the same and carry on the business of properties developers, Real estate Developers infrastructures activities, like road ,to acquire land, plots for colonization or otherwise sell plots ,contra building for sale and rent or both on installment or house , land estate agents and to arrange or undertake the sale ,purchase or advertise for sale ,purchase assist in selling or purchase and find or introduce purchase or vender of and to manage land building and other property whether belongs to the company or not and to let any portion on any premises for residential ,trade or business purchase or other private or public purpose and to collect rent and income to any supply to tenants and occupants and other refreshment club ,public halls managers ,lights ,waiting rooms ,trading Rooms Meeting Rooms, laboratories, laundry convenience ,electric convenience ,garages, and other advantages and to carry on Business in India and abroad relating to setup business malls, multiplex ,exhibition ground ,exhibition halls, community halls residential house of all types and kind ,boat house, club, Holiday resort, old man homes ,shopping complex of all types & kinds

7. RELATED PARTY TRANSACTIONS

There are No Related Party Transactions that were entered into during the financial year were on an

arm''s length basis, in the ordinary course of business and were in compliance with the applicable provisions of the Act and the Listing Regulations. There were no materially significant Related Party T ransactions made by the Company during the year that would have required Shareholder approval under the Listing Regulations.

All Related Party Transactions are placed before the Audit Committee for approval. Prior omnibus approval of the Audit Committee is obtained for the transactions which are repetitive in nature. A statement of all Related Party Transactions is placed before the Audit Committee for its review on a quarterly basis, specifying the nature, value and terms and conditions of the transactions.

The Company has adopted a Related Party Transactions Policy. The Policy, as approved by the Board, is uploaded on the Company''s website.

Details of the transactions with Related Parties are provided in the accompanying financial statements. There were no transactions during the year. Which would not require to be reported in Form AOC.2.

Related party disclosures

A. List of Key Management Personnel
Mr. Sudhanshu Kumar Mishra	Managing Director with effect from 27.07.2024
Mr. Vatsal Agarwaal	Director
Mr. Vineet Kumar	Managing Director Resign from 27.07.2024
Mrs. Neelam Patwari	Director Resign From 07.05.2025
Mrs. Saumya Varma	Director Appoint w.e.f 07.05.2025
Mr. Chinmoy Kumar Guha	Director
Mr. Ashok Kumar Tyagi	Director
Mr. Robin Keshri	Company Secretary

B.	Compensation to key management personnel :
	Particulars	FY 2024-25	FY 2023-24
	Short term employee benefits	9.86	8.03
	Directors Remuneration / Sitting Fees	4.67	1.81
	Post-employment benefits	-	-
	Other long-term benefits	-	-
	Total Compensation to key management personnel	14.53	9.84

Other related Parties with whom transactions have taken place Mindspace Industries Private Limited.
	Nature of Transaction	FY 2024-25 (Rs.)	FY 2023-24 (Rs.)
	Purchases : Traded Goods	348.68	-
	Purchases : Machine Hire charges	-	-
	Pilling Rig Machine purchase	-	-
	Pilling Rig Machine sales	80.00	253.70
	Sales Machine Hire Charges	-	166.12
	Sales Traded Goods	-	520.81
	Total	428.63	940.63

8. SUBSIDIARY/ JOINT VENTURE/ ASSOCIATE COMPANY:

There are no SUBSIDIARY/ JOINT VENTURE/ ASSOCIATE company

9. SHARE CAPITAL:

The paid up Equity Share Capital as at March 31, 2025 stood at Rs. 28,49,78,800. During the year under review, the Company has issued of 2,50,00,000 Equity shares i.e 80,00,000 Equity shares allotment on cash basis and 1,70,00,000 Equity shares are allotment on conversion of loan of equity shares on preferential basis and company has not granted any stock options or sweat equity or warrants. As on March 31, 2025, none of the Directors except Mr. Vatsal Agarwaal (promoter) director of the Company hold instruments convertible into Equity Shares of the Company.

10. ANNUAL RETURN:

Pursuant to Section 92(3) and Section 134(3) (a) of the Act, read with Rule 12(1) of the Companies(Management and Administration) Rules, 2014, the extract of Annual Return has been uploaded on the Company''s website on https://www.stratmontind.com.

11. RISK MANAGEMENT

Risk management comprises all the organizational rules and actions for early identification of risks in the course of doing business and the management of such risks.

Although not mandatory, as a measure of good governance, the Company has constituted a Risk Management Committee of the Board. The Committee reviews the Company''s performance against identified risks, formulates strategies towards identifying new and emergent risks that may materially affect the Company''s overall risk exposure and reviews the Risk Management Policy and structure.

This robust Risk Management framework seeks to create transparency, minimize adverse impact on business objectives and enhance the Company''s competitive advantage.

The Internal Audit Department is responsible for facilitating coordination with the heads of various Departments, with respect to the process of identifying key risks associated with the business, manner of handling risks, adequacy of mitigating factors and recommending corrective action. The major risks forming part of the Enterprise Risk Management process are linked to the audit universe and are also covered as part of the annual risk based audit plan.

The Company has adopted a Risk Management Policy pursuant to Section 134 of the Act.

12. Information under Section 196-202 of Companies Act, 2013 and Rule 3-10 of the, Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014

None of the employees was in receipt of remuneration exceeding the limit specified under section 196-202 of Companies Act, 2013.

13. DIRECTORS AND KEY MANAGERIAL PERSONNEL:

The Board of the Company is duly constituted in accordance with the requirements of the Act read with the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”).

Pursuant to section 152 of the companies Act, 2013 (the ''Act'') and under Article (Article No. if any) of the Company''s Articles of Association.

A) Directors:

Mr.Sudhanshu Kumar Mishra has been Appointed as an Managing Director of the Company with effect from 27Th July, 2024.

Mr. Vineet Kumar has been Appointed as Managing Director of the Company with effect from 7Th August,2023 & resign from 27Th July,2024

Mrs.Saumya Varma has been Appointed as Non Executive Independent & Women Director of the Company with effect from 7Th May2025.

Mr. Chinmay Kumar Guha (DIN: 07706047) as an Non Executive Independent Director of the Company was appointed with effect from 27Th June 2020 has been reappoint for a second term of 5 (five) consecutive years with effect from 26Th June 2025 to 27Th June 2030

B) Key Managerial Personnel:

Pursuant to the provisions of Sections 2(51) and 203 of theAct, read with the Rules framed thereunder, the following are the Key Managerial Personnel of the Company

i) Mr.Robin keshri has been appointed as Company secretary Cum Compliance officer of the company with effect from 14.02.2022.

ii) Mr.Rakesh kumar Choudhury who was appointed as Chief Financial Officer (CFO) with effect from 13.10.2021 was resign with effect from 07.05.2025.

iii) Mr.Ganesh Yadav has been appointed as Chief Financial Officer (CFO) with effect from 07.05.2025

D) Committees of the Board:

The Company has Three Board Committees as on March 31, 2025:

1) Audit Committee

2) Nomination and Remuneration Committee

3) Stakeholders Relationship Committee

During the year, all recommendations made by the committees were approved by the Board.

Details of all the committees along with their main terms, composition and meetings held during the year under review are provided in the Report on Corporate Governance, a part of this Annual Report.

E) Nomination and Remuneration Policy:

The Board of Directors has framed a policy which lays down a framework in relation to appointment and remuneration of Directors, Key Managerial Personnel, Senior Management, and other employees of the Company (“Policy”). The Policy broadly lays down the guiding principles, philosophy and the basis for payment of remuneration to Executive and Non-executive Directors (by way of sitting fees and commission), Key Managerial Personnel, Senior Management and other employees. The Policy also provides the criteria for determining qualifications, positive attributes and independence of Director and criteria for appointment of Key Managerial Personnel/Senior Management and performance evaluation which are considered by the Nomination and Remuneration Committee and the Board of Directors whilst taking a decision on the potential candidates.

The salient features of the Nomination and Remuneration Policy of the Company are outlined in the Corporate Governance Report which forms part of this Annual Report. The Policy is also available on the website of the Company at https://www.stratmontind.com/.

F) Whistle Blower Policy /Vigil Mechanism:

As per the provisions of Section 177(9) and (10) of the Act and Regulation 22 of the Listing Regulations, the Company has adopted a Whistle Blower Policy for establishing a vigil mechanism for Directors and Employees to report genuine concerns about unethical behaviour, actual or suspected fraud or violation of the Company''s Code of Conduct and provide adequate safeguards against victimization of persons who use such mechanism and makes provision for direct access to the chairman of the Audit Committee in appropriate or exceptional cases. The said policy has been hosted on the Company''s website at https://www.stratmontind.com/.

G) Performance Evaluation:

Pursuant to the provisions of the Act and the SEBI Listing Regulations, the Board has carried out the annual performance evaluation of the Directors individually as well as evaluation of the working of the Board and of the Committees of the Board, by way of individual and collective feedback from Directors. The manner in which the evaluation was conducted by the Company and evaluation criteria have been explained in the Corporate Governance Report which forms part of this Annual Report.

The Board of Directors has expressed its satisfaction with the evaluation process.

H) Number of Meetings of the Board:

During the year under review, the Board of Directors of the Company met seven (09) times i.e. on 30Th May,2024,5th June,2024,6th June 2024, 27ThJuly,2024,14ThAugust, 2024, 02November,2024, 14Th November,2024, 17Th December,2024,10Th Ferbruary,2025

The particulars of attendance of the Directors at the said meetings are detailed in the Corporate Governance Report of the Company, which forms a part of this Report.

The intervening gap between the Meetings was within the period prescribed under the Companies Act, 2013.

I) Remuneration of Directors, Key Managerial Personnel and Senior Management:

The remuneration paid to the Directors, Key Managerial Personnel and Senior Management is in accordance with the Nomination and Remuneration Policy formulated in accordance with Section178 of the Act and Regulation 19 read with Schedule II of the Listing Regulations. Further details on the same are given in the Corporate Governance Report which forms part of this Annual Report.

DIRECTORS'' RESPONSIBILITY STATEMENT:

Pursuant to the provisions of Section 134(3)(c) read with Section 134(5) of the Act, the Directors of the Company state and confirm that:

a. in the preparation of the annual accounts for the financial year 2024-25, the applicable accounting standards had been followed and there are no material departures from the same.

b. The directors had selected such accounting policies and applied them consistently and made judgments and estimates that are reasonable and prudent so as to give a true and fair view of the state of affairs of the Company as at March 31,2025 and of the profit and loss of the Company for that period;

c. The directors 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 directors had prepared the annual accounts on a going concern basis.

e. the directors had laid down internal financial controls to be followed by the Company and that such internal financial controls are adequate and were operating effectively; and

f. the directors had devised proper systems to ensure compliance with the provisions of all applicable laws and that such systems were adequate and operating effectively.

PARTICULARS OF LOANS, GUARANTEE, AND INVESTMENTS:

The particulars of loans, guarantees and investments as per Section 186 of the Act read with the Companies (Meeting of Board and its powers) Rules, 2014 as on March 31,2025, have been disclosed in the Notes to the Financial Statements of the Company.

CORPORATE SOCIAL RESPONSIBILITY:

In line with the provisions of the Companies Act, 2013 and the rules framed there under with respect to the Corporate Social Responsibility (CSR), your company is not governed by the provisions of Section 135 of the Companies Act, 2013 and Companies (Corporate Social Responsibility Policy) Rules, 2014.So, the Company is not required to conduct CSR activities.

ENERGY CONSERVATION, TECHNOLOGY ABSORPTION AND FOREIGN EXCHANGE EARNINGS AND OUTGO:

Section 134(3)(m) of the Companies Act, 2013 read with Rule 8 (3) of the Companies (Accounts) Rules,2014 requires disclosure of the particulars regarding conservation of Energy and Technology absorption.

The Company on continues basis undertakes programs of conserving energy. The details of the same are as follows:

Conservation of Energy

(i) The steps taken or impact on conservation of energy Not Applicable

(ii) The steps taken by the company for utilizing alternate sources of energy

(iii) The capital investment on energy conservation equipment''s Technology absorption:

(i) The efforts made towards technology absorption: Not Applicable

(ii) The benefits derived like product improvement, cost reduction, product development or import substitution: Not Applicable

(iii) in case of imported technology (imported during the last three years reckoned from the beginning of the financial year): Not Applicable

The details of technology imported: Not Applicable The year of import; Not Applicable

Whether the technology been fully absorbed; Not Applicable

If not fully absorbed, areas where absorption has not taken place, and the reasons thereof; Not Applicable

(iv) The expenditure incurred on Research and Development: NIL

Foreign exchange earnings and outgo during the year 2024 -2025 areas under.

PARTICULARS	2024-25	2023-25
Foreign Exchange Earnings	NIL	NIL
Foreign Exchange Outgo	NIL	NIL

RISK MANAGEMENT:

The Audit Committee has been delegated the responsibility for monitoring and reviewing risk management, assessment and minimisation procedures, developing, implementing and monitoring the risk management plan and identifying, reviewing and mitigating all elements of risks which the Company may be exposed to.

APPLICATION/PROCEEDING PENDING UNDER THE INSOLVENCY AND BANKRUPTCY CODE, 2016 (“IBC”): NASIGNIFICANT AND MATERIAL ORDERS PASSED BY THE REGULATORS OR COURTS:

During the year under review, there are no significant material orders passed by the Regulators/Courts that would impact the going concern status of the Company and its future operations.

AUDITORS:(1) Statutory Auditors:

The Board has proposed to re-appointed of M/s BHATTER & ASSOCIATES., Chartered (FRN:131411W) as a Statutory Auditors of the Company until the conclusion of next Annual General Meeting of the company at remuneration as the Board of Directors may determine. “Subject to the approval of the shareholders in the Annual General Meeting of the company.”

Secretarial Auditors:

Pursuant to the provisions of Section 204 of the Act and The Companies (Appointment and Remuneration of Managerial Personnel) Rules,2014, the Board of Directors of the Company had appointed Mr.shravan A Gupta & Associates, Practicing Company Secretary in practice (M.No:9990) to undertake the Secretarial Audit of the Company for the year ended 31st March,2025. The Secretarial Audit Report is annexed Practicing Company Secretary in practice.

Reporting of Frauds:

There was no instance of fraud during the year under review, which required the Auditors to report to the Audit Committee and / or Board under Section 143(12) of Act and Rules framed thereunder.

DISCLOSURE UNDER PREVENTION OF SEXUAL HARASSMENT OF WOMEN AT WORKPLACE (PREVENTION, PROHIBITION AND REDRESSAL) ACT:

The Company has adopted a Sexual Harassment Policy on prevention, prohibition, and redressal of sexual harassment at workplace in line with the provisions of Sexual Harassment of Women at Workplace (Prevention, Prohibition and Redressal) Act, 2013 and the Rules made thereunder.

The aim of the policy is to provide protection to employees at the workplace and prevent and redress complaints of sexual harassment and for matters connected or incidental thereto, with the objective of providing a safe working environment, where employees feel secure. The Policy is available at the Registered Office of the Company and is accessible to all the employees of the Company. The Company has not received any complaints during the FY under review.

PUBLIC DEPOSITS:

During the year under review, your Company has not accepted any deposits within the meaning of Sections 73 to 76A of the Act read with the Companies (Acceptance of Deposits) Rules, 2014.

MANAGEMENT DISCUSSION AND ANALYSIS REPORT:

The Management Discussion and Analysis Report for the year under review as required under Regulation 34 read with Schedule V of the Listing Regulations is annexed to this Report as “Annexure-C”.

CORPORATE GOVERNANCE:

Report on Corporate Governance and Certificate of the Auditor of the Company regarding compliance of the conditions of Corporate Governance as stipulated in Part C of Schedule V of the Listing Regulations, are provided in a separate section forming part of this Report as “Annexure D”.

INTERNAL CONTROL SYSTEM AND THEIR ADEQUACY:

The Company has in place adequate internal financial controls with reference to the financial statements.

Internal audits are undertaken on a quarterly basis by Internal Auditors covering all units and business operations to independently validate the existing controls. Reports of the Internal Auditors are regularly reviewed by the management and corrective action is initiated to strengthen the controls and enhance the effectiveness of the existing systems. TheAudit Committee evaluates the efficiency and adequacy of the financial control system in the Company and strives to maintain the standards in the Internal Financial Control.

PARTICULARS OF CONTRACTS OR ARRANGEMENTS WITH RELATED PARTY TRANSACTIONS:

All transactions entered with related parties as defined under the Act during the FY were in the ordinary course of business and on an arm''s length pricing basis and do not attract the provisions of Section 188 of the Act. There were no materially significant transactions with the related parties during the FY which were in conflict with the interest of the Company and hence, enclosing Form AOC-2 is not required.

Suitable disclosure as required by the Accounting Standard (AS 18) has been made in the notes to the Financial Statements.

PARTICULARS OF EMPLOYEES:

During the year under review, no employee was in receipt of remuneration exceeding the limits as prescribed under provisions of Section 197 of the Companies Act, 2013 and Rule 5(2) and 5(3) of Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014. The information pursuant to Section 197 of the Companies Act, 2013 read with Rule 5(1) of the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014 relating to median employee''s remuneration is made available at the corporate office of the Company during working hours for a period of twenty-one (21) days before the date of the meeting.

COMPLIANCE WITH SECRETARIAL STANDARDS:

The Company has complied with the applicable mandatory Secretarial Standards.

TRADE RELATIONS:

Your Directors wish to record appreciation of the continued unstinted support and co - operation from its Customers, suppliers of goods / services, clearing and forwarding agents and all others associated with it. Your Company will continue to build and maintain strong association with its business partners

APPRECIATION & ACKNOWLEDGEMENTS:

The Board wishes to express its gratitude and record its sincere appreciation for the commitment and dedicated efforts put in by all the employees of the Company.

The Directors take this opportunity to express their grateful appreciation for the encouragement, cooperation and support received from all the stakeholders including but not limited to the Government authorities, bankers, customers, suppliers and business associates.

The Directors are thankful to the esteemed shareholders for their continued support and the confidence reposed in the Company and its management.

---

Mar 31, 2024

Your Directors have pleasure in presenting the 40Th Annual Report on business operation, together with Audited Financial statement for the year ended March 31, 2024.

Financial Summary

1. The summarized financial highlight is depicted below:

	(All amounts in INR Rupees, unless otherwise stated)
Particulars	31st-March-24	31st March-23
Revenue from operations	8,725.33	5,264.36
Other income	24.23	19.13
Total income	8,749.56	5,283.49
Expenses
Purchases of stock in trade	8,471.69	5,124.61
Changes of inventory - stock in trade	-42.13	-47.68-
Employee benefits expense	42.76	33.08
Finance costs	39.45	14.71
Depreciation and amortization expense	56.11	17.02
Other expenses	66
	5,173.30
Profit before exceptional items and tax	115.14	110.20
Exceptional items	0	0
Profit before tax	115.14	110.20
Tax expense
Provision for Current tax	-34.59	-29.50
Deferred tax (benefit)/charge	-4.65	-7.23
Total tax expense	-39.24	-36.72
Profit for the year	75.90	73.47
Earnings per equity share (FV of Rs.10 each)
Basic	2.17	2.10
Diluted	2.17	2.10

2. Dividend:

The directors of company has not recommended any dividend for the current Period.

3. Fixed Deposits:

During the Period Your Company has not accepted any public deposits during the financial period under review.

4. RELATED PARTY TRANSACTIONS

There are No Related Party Transactions that were entered into during the financial year were on an arm''s length basis, in the ordinary course of business and were in compliance with the applicable provisions of the Act and the Listing Regulations. There were no materially significant Related Party Transactions made by the Company during the year that would have required Shareholder approval under the Listing Regulations.

All Related Party Transactions are placed before the Audit Committee for approval. Prior omnibus approval of the Audit Committee is obtained for the transactions which are repetitive in nature. A statement of all Related Party Transactions is placed before the Audit Committee for its review on a quarterly basis, specifying the nature, value and terms and conditions of the transactions.

The Company has adopted a Related Party Transactions Policy. The Policy, as approved by the Board, is uploaded on the Company''s website.

Details of the transactions with Related Parties are provided in the accompanying financial statements. There were no transactions during the year. Which would not require to be reported in Form AOC.2.

Related party disclosures

A. List of Key Management Personnel
Mr. Sudhanshu Kumar Mishra	Managing Director
Mr. Vatsal Agarwaal	Director
Mr. Vineet Kumar	Managing Director Resign from 27.07.2024
Ms. Neelam Patwari	Director
Mr. Chinmoy Kumar Guha	Director
Mr. Ashok Kumar Tyagi	Director
Mr. Robin Keshri	Company Secretary

B. Compensation to key management personnel :

Particulars	FY 2023-24	FY 2022-23
Short term employee benefits	8.03	3.90
Directors Remuneration / Sitting Fees	1.81	1.10
Post-employment benefits	-	-
Other long-term benefits	-	-
Total Compensation to key management personnel	9.84	5.00

Other related Parties with whom transactions have taken place

Simplex Coke and Refractory Pvt. Ltd.

Nature of Transaction	FY 2023-24 (Rs.)	FY 2022-23 (Rs.)
Purchases : Traded Goods	-	56.69
Purchases : Machine Hire charges	-	-
Pilling Rig Machine purchase	-	573.16
Pilling Rig Machine sales	253.70	-
Sales Machine Hire Charges	166.12	80.87
Sales Traded Goods	520.81	225.64
Total	940.63	936.36

5. RISK MANAGEMENT

Risk management comprises all the organizational rules and actions for early identification of risks in the course of doing business and the management of such risks.

Although not mandatory, as a measure of good governance, the Company has constituted a Risk Management Committee of the Board. The Committee reviews the Company''s performance against identified risks, formulates strategies towards identifying new and emergent risks that may materially affect the Company''s overall risk exposure and reviews the Risk Management Policy and structure.

This robust Risk Management framework seeks to create transparency, minimize adverse impact on business objectives and enhance the Company''s competitive advantage.

The Internal Audit Department is responsible for facilitating coordination with the heads of various Departments, with respect to the process of identifying key risks associated with the business, manner of handling risks, adequacy of mitigating factors and recommending corrective action. The major risks forming part of the Enterprise Risk Management process are linked to the audit universe and are also covered as part of the annual risk based audit plan.

The Company has adopted a Risk Management Policy pursuant to Section 134 of the Act.

6. Information under Section 196-202 of Companies Act, 2013 and Rule 3-10 of the, Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014

None of the employees was in receipt of remuneration exceeding the limit specified under section 196-202 of Companies Act, 2013.

7. INFORMATION UNDER SECTION 196 - 202 OF THE COMPANIES ACT, 2013 AND RULE 3-10 OF THE COMPANIES (APPOINTMENT AND REMUNERATION OF MANAGERIAL PERSONNEL) RULE, 2014

None of the employees was in receipt of remuneration exceeding the limit specified under section 196-202 of Companies Act, 2013

8. DIRECTORS

Pursuant to section 152 of the companies Act, 2013 (the ''Act'') and under Article (Article No. if any) of the Company''s Articles of Association.

Mr. Sudhanshu Kumar Mishra has been Appointed as an Managing Director of the Company with effect from 27^Th July, 2024.

Mr. Vineet Kumar has been Appointed as Managing Director of the Company with effect from 7Th August,2023 & resign from 27^Th July,2024

DIRECTORS’ RESPONSIBILITY STATEMENT:

Pursuant to in terms of clause (c) of Sub Section 3 of Section 134 of the Companies Act, 2013, the Directors, based on the representations received from the management, confirm:

That in the preparation of the Annual Accounts, the applicable accounting standards have been followed,

That we have selected such accounting policies and applied them consistently and made judgments and estimates that are reasonable and prudent so as to give a true and fair view of the state of affairs of the company at the end of March 2023 and of the Profits /Loss of the Company for that period,

That we have taken proper and sufficient care for the maintenances of adequate accounting records in accordance with the provisions of the Companies Act, 2013 for safeguarding the assets of the Company and for preventing and detecting fraud and other irregularities, that we have prepared the Annual accounts on a going concern basis.

9. AUDITORS:(1) Statutory Auditors:

The Board has proposed to re-appointed of M/s BHATTER & ASSOCIATES., Chartered (FRN:131411W) as a Statutory Auditors of the Company until the conclusion of next Annual General Meeting of the company at remuneration as the Board of Directors may determine. “Subject to the approval of the shareholders in the Annual General Meeting of the company.”

(2) Secretarial Auditors:

Pursuant to the provisions of Section 204 of the Act and The Companies (Appointment and Remuneration of Managerial Personnel) Rules,2014, the Board of Directors of the Company

had appointed Mr. Rantu Das & Associates, Practicing Company Secretary in practice (M.No:8437) to undertake the Secretarial Audit of the Company for the year ended 31st March, 2024. The Secretarial Audit Report is annexed Practicing Company Secretary in practice.

10. CONVERSATION OF ENERGY-RESEARCH AND DEVELOPMENT-TECHNOLOGY ABSORPTION AND FOREIGN EXCHANGE EARNINGS AND OUTGO:

The information required under the companies Act, 2013 with respect to conversation of energy, technology absorption and foreign exchange earnings / outgo is appended hereto it forms part of this Report.

11. EMPLOYEE RELATIONS:

The employee relations in the company continued to be positive, information as per Section 134 of the Companies Act, 2013 (the ''Act'') read with the Companies (Particulars of Employees) rule, 1975 forms part of this Report. As per the provisions of the Section 136(1) of the Act, the Report and Accounts are being sent to the shareholders of the Company excluding the statement on particulars of employees under Section 134 of the Act. Any shareholder interested in obtaining a copy of the said statement may write to the Secretarial Department at the Registered Office of the Company.

12. TRADE RELATIONS:

Your Directors wish to record appreciation of the continued unstinted support and co - operation from its Customers, suppliers of goods / services, clearing and forwarding agents and all others associated with it. Your Company will continue to build and maintain strong association with its business partners.

Your Company also has policy on prevention of Sexual Harassment which is reviewed by the internal Complaints Committee at regular intervals. Your Company recognizes its responsibility and continues to provide a safe working environment for women, free from sexual harassment and discrimination and to boost their confidence, morale and performance.

13. CORPORATE GOVERNANCE:

As per regulation 72 of the SEBI (Listing Obligation and Disclosure Requirement) Regulations 2015 of the Listing Agreement entered into with the Stock Exchanges, Corporate Governance Report with auditors'' certificate thereon and management Discussion and Analysis are attached and form part of this report.

14. ACKNOWLEDGEMENTS:

The Directors thank the Company''s customers, vendors, investors, business associates, bankers for their support to the company. The Directors appreciate and value the contributions made by every member of the “Stratmont” family across the country.

15. PARTICULARS OF EMPLOYEES

There was no employee in respect of whom information is required to be given pursuant to Section 134 of the Companies Act, 2013 read with the Companies (Particulars of Employees) Amendment Rules, 1999 as amended up-to-date.

16. AUDITOR REPORT

The Auditors'' Report to the shareholders did not contain any adverse or qualification remarks.

17. INDUSTRIAL RELATIONS

During the year under review, your company has cordial and harmonious industrial relations at all levels of the Organization.

18. PUBLIC DEPOSITS

During the year under review, your Company has not accepted any Fixed Deposits from public within the meaning of the provisions of the Section 73 & 76 of the Companies Act, 2013 and the Rules made there under.

Your Directors place on record their appreciation of the dedication and commitment of your Company''s employees and look forward to their support in the future as well.

---

Mar 31, 2015

The Directors have pleasure in presenting the 31st Annual Report with the Audited Accounts of the Company for the year ended March 31, 2015.

1. FINANCIAL RESULTS

Turnover

Current Period (In Rs.) Previous Year (In Rs.)

9,55,218 5,07,068

During the financial year 2014-2015 the turnover of the Company is lesser as compare to the previous year. The financials for the financial year 2013-14 is as follows

YEAR ENDED

31st March 31st March PARTICULARS 2015 2014 (Rs.) (Rs.)

Sales and Other Income 9,55,218 5,07068

Total Expenditure 41,81,695 50,02,534

Profit before Tax -32,26,477 -44,95,466

Profit/(Loss) for the period -32,26,477 -45,43,130

2. DIVIDEND

Considering the losses from last few years the Directors of the Company has not recommended ant dividend for the current period.

3. TERM DEPOSITS:

During the period under review, your Company has not accepted any deposit under section 73 & 76 of the Companies Act, 2013 read with Companies (Acceptance of Deposits) Rules, 1975.

Section 73 to 76 (both inclusive) read with Companies (Acceptance of deposits) Rules, 2013 regulates the invitation, acceptance and repayment of deposits by the Companies.

4. Information under Section 196 – 202 of the Companies Act, 2013 and rule 3-10 of the Companies (Appointment and remuneration of Managerial Personnel) Rule, 2014.

None of the employees was in receipt of remuneration exceeding the limit specified under section 196-202 of Companies Act, 2013.

5. DIRECTORS:

Pursuant to section 152 of the companies Act, 2013 (the 'Act') and under Article (Article No. if any) of the Company's Articles of Association:

Mrs Gayatri Devi Goyal, has been appointed as a Additional Director of the Company. Pursuant to section 149,150 and 152, of the Act, read with Companies "(Appointment and Qualification of Directors) Rules, 2014 along with NOTE IV of the Act (including any statutory modifications(s) or re-enactment thereof for the time being in force), the Additional Director can hold office for a term of Five consecutive years on the Board of Directors of your Company.

6. DIRECTORS' RESPONSIBILITY STATEMENT

Pursuant to in terms of clause (c) of Sub Section 3 of Section 134 of the Companies Act, 2013, the Directors, based on the representations received from the management, confirm:

That in the preparation of the Annual Accounts, the applicable accounting standards have been followed.

That we have selected such accounting policies and applied them consistently and made judgments and estimates that are reasonable and prudent so as to give a true and fair view of the state of affairs of the company at the end of March 2015 and of the Profits /Loss of the Company for that period.

That we have taken proper and sufficient care for the maintenances of adequate accounting records in accordance with the provisions of the Companies Act, 1956 for safeguarding the assets of the Company and for preventing and detecting fraud and other irregularities.

That we have prepared the Annual accounts on a going concern basis.

7. AUDITORS:

The Board has proposed the appointment of M/s U.K. Rathi & Co., Chartered as a Statutory Auditors of the Company until the conclusion of next Annual General Meeting of the company at a remuneration as the Board of Directors may determine. "subject to the approval of the shareholders in the Annual General Meeting of the company."

8. CONVERSATION OF ENERGY, RESERCH AND DEVELOPMENT, TECHNOLOGY ABSORPTION AND FOREIGN EXCHANGE EARNINGS AND OUTGO:

The information required under the companies Act, 2013 with respect to conversation of energy, technology absorption and foreign exchange earnings / outgo is appended hereto as Annexure: "A" and it forms part of this Report.

9. EMPLOYEE RELATIONS:

The employee relations in the company continued to be positive, information as per Section 217 (2A) of the Companies Act, 1956 (the 'Act') read with the Companies (Particulars of Employees) rule, 1975 forms part of this Report. As per the provisions of the Section 219(1)(b)(iv) of the Act, the Report and Accounts are being sent to the shareholders of the Company excluding the statement on particulars of employees under Section 217(2A) of the Act. Any shareholder interested in obtaining a copy of the said statement may write to the Secretarial Department at the Registered Office of the Company.

10. TRADE RELATIONS:

Your Directors wish to record appreciation of the continued unstinted support and co – operation from its Customers, suppliers of goods / services, clearing and forwarding agents and all others associated with it. Your Company will continue to build and maintain strong association with its business partners.

Your Company also has policy on prevention of Sexual Harassment which is reviewed by the internal Complaints Committee at regular intervals. Your Company recognizes its responsibility and continues to provide a safe working environment for women, free from sexual harassment and discrimination and to boost their confidence, morale and performance.

11. CORPORATE GOVERNANCE:

As per clause 49 of the Listing Agreement entered into with the Stock Exchanges, Corporate Governance Report with auditors' certificate thereon and management Discussion and Analysis are attached and form part of this report.

As per clause 55 of the Listing Agreement entered into with the Stock Exchanges, a Business Responsibility Report is attached and form part of the annual report.

12. ACKNOWLEDGEMENTS:

The Directors thank the Company's customers, vendors, investors, business associates, bankers for their support to the company. The Directors appreciate and value the contributions made by every member of the "Chhattisgarh" family across the country.

13. PARTICULARS OF EMPLOYEES

There was no employee in respect of whom information is required to be given pursuant to Section 217 (2A) of the Companies Act, 1956 read with the Companies (Particulars of Employees) Amendment Rules, 1999 as amended up-to-date.

14. AUDITOR REPORT

The Auditors' Report to the shareholders did not contain any adverse or qualification remarks.

15. INDUSTRIAL RELATIONS

During the year under review, your company has cordial and harmonious industrial relations at all levels of the Organization.

16. PUBLIC DEPOSITS

During the year under review, your Company has not accepted any Fixed Deposits from public within the meaning of the provisions of the Section 73 & 76 of the Companies Act, 2013 and the Rules made there under.

Your Directors place on record their appreciation of the dedication and commitment of your Company's employees and look forward to their support in the future as well.

For and on behalf of the Board of Directors

Sd/-

Anil Kumar Sharma

Managing Director

Place: Raipur

Date: August 28, 2015.

---

Mar 31, 2014

The Members of

Chhattisgarh Industries Limited

The Directors have pleasure in presenting the 30th Annual Report with the Audited Accounts of the Company for the year ended March 31,2014.

Financial Results

The financial Results are briefly indicated below

YEAR ENDED Particulars 31st March 31st March 2014 2013

Sales and Other Income 5,07,068 708,778

Total Income 25,23,425 4,021,691

Total Expenditure (44,95,466) (3,312,913)

Profit/(Loss) for the year (45,43,130) (3,312,913)

Dividend

With a view to build resources for future needs and in the absence of profits, Directors regret their inability to recommend any dividend for the financial year under re view

DIRECTORS

During the year following changes were made in the Board of the Company

Mr. Ramesh Bhuta Aswar, who retires by Rotation at the Annual General Meeting and being eligible, offers himself for re-appointment as a Non-Executive Independent Director of the company for a consecutive period of five (5) years on the board of the company as Non-Executive Independent directors effective from 29th September, 2014.

Mr.Keshav Goyal, who retires by rotation and being eligible, offers himself for re-appointment.

DIRECTORS'' RESPONSIBILITY STATEMENT

Pursuant to Section 217 (2AA) of the Companies Act, 1956 the Board of Directors hereby confirms:

i. That in the preparation of the Annual Accounts, the applicable accounting standards have been followed along with proper explanation relating to material departures.

ii. That the Directors had selected such accounting policies and applied them consistently and made judgments and estimates that are reasonable and prudent so as to give a true and fair view of the state of affairs of the company at the end of the financial year and of the Profits of the Company for that period.

iii. That the Directors have taken proper and sufficient care for the maintenances 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.

iv. That the Directors have prepared the Annual accounts on a going concern basis.

CONVERSATION OF ENERGY, TECHNOLOGY ABSORPTION AND FOREIGN EXCHANGE EARNINGS AND OUTGO:

The particulars relating to Conversation of Energy, Technology absorption and foreign exchange earnings and outgo are not applicable to the company. However, efforts are being made to conserve and optimize the use of energy wherever possible. During the year under review, your Company has neither earned nor spent any foreign exchange

CORPORATE GOVERNANCE

Separate Reports on the Corporate Governance and Management Discussion & Analysis are included in the Annual Report and Certificate of the Auditors of your Company confirming the compliance of conditions of Corporate Governance is also annexed thereto.

PARTICULARS OF EMPLOYEES

There was no employee in respect of whom information is required to be given pursuant to Section 217 (2A) of the Companies Act, 1956 read with the Companies (Particulars of Employees) Amendment Rules, 1999 as amended up-to-date.

Auditors

M/s U.K.Rathi & Co., Chartered Accountants, the Statutory Auditors of the Company, retire at the conclusion of the ensuing Annual General Meeting. They have expressed their willingness to continue as a Statutory Auditors of the Company if appointed. They have further confirmed that the said appointment would be in conformity with the provisions of Section 224(1B) of the Act.

Auditor Report

The Auditors'' Report to the shareholders did not contain any adverse or qualification remarks. INDUSTRIAL RELATIONS

During the year under review, your company has cordial and harmonious industrial relations at all levels of the Organization.

PUBLIC DEPOSITS

During the year under review, your Company has not accepted any Fixed Deposits from public within the meaning of the provisions of the Section 58A of the Companies Act, 1956 and the Rules made there under. Your Directors place on record their appreciation of the dedication and commitment of your Company''s employees and look forward to their support in the future as well.

INFORMATION REQUIRED UNDER THE COMPANIES (DISCLOSURE OF PARTICULARS IN THE REPORT OF THE BOARD OF DIRECTORS) RULES, 1988

Particulars with respect to Conservation of Energy, Technology Absorption as per section 217(1)(e) of the Companies Act, 1956 read with Company''s (Disclosure of particulars in the Board of Directors) Rule, 1988 for the year ended 31st March 2014-are annexed to this report.

CONSERVATION OF ENERGY, RESEARCH & DEVELOPMENT, TECHNOLOGY ABSORPTION & FOREIGN EXCHANGE EARNINGS AND OUTGO

(A) CONSERVATION OF ENERGY

The operations of the company are not energy intensive. However wherever possible the company strives to curtail the consumption of energy on continued basis. Further company has absorbed latest technology which is helpful in conserving energy.

(B) TECHNOLOGY ABSORPTION, ADAPTATION AND INNOVATION

The Company over the years through its experience has developed modified and adopted unique technique of stamping of LAM Coke which increases the efficiency of Coke.

By Order of the Board of Directors Sd/- Anil Kumar Sharma Managing Director Place: Raipur Date: August 27, 2014

---

Mar 31, 2010

The Directors are pleased to present the Twenty Sixth Annual Report and the Audited Accounts for the year ended 31st March 2010.

FINANCIAL RESULTS For the year For the year

ended 2009-2010 ended 2008-2009 (Rs in lacs) (Rs in lacs)

Sales and other Income 75.39 66.55

Increase/ Decrease in Stock (58.86) (2.47)

Total Expenditure 66.68 57.96

Profit (Loss) for the year (50.15) 5.50

Balance brought forward (413.98) (419.48)

Balance carried to Balance Sheet (464.13) (413.98)

REVIEW OF OPERATIONS

During the year under review the Company has recorded a turnover of Rs 61.67 lacs as compared to Rs 54.04 lacs in the previous year.

CONSERVATION OF ENERGY AND TECHNOLOGY ABSORPTION AND FOREIGN EXCHANGE EARNINGS AND OUTGO.

During the period under review the Company has not carried out any manufacturing activities, hence the disclosures under the provisions of Section 217(1) (e) of the Companies Act, 1956 read with the Companies (Disclosure of Particulars in the Report of the Board of Directors) Rules, 1988 with regard to energy, technology absorption and foreign exchange earnings outgo are not applicable to your Company.

PARTICULARS OF EMPLOYEE

Section 217(2A) of the Companies Act. 1956 is not applicable as no employee of the Company is in receipt or entitled remuneration in excess of the limits specified therein.

CORPORATE GOVERNANCE

In terms of Clause 49 of the Listing Agreement, a report on Corporate Governance together with the Auditors Report certificate regarding the compliance of conditions of corporate Governance are annexed to the report.

DIRECTORS RESPONSIBILITY STATEMENT

As required under section 217 (2AA) of the Companies Act, 1956, your Directors confirm that:

1) In preparation of the Annual Accounts, for the year ended 31st March, 2010 the applicable Accounting Standards have been followed.

2) The Directors have selected such Accounting Policies and applied them consistently and made judgements and estimates that are reasonable and prudent so as to give a true and fair view of the state of affairs of the Company as on 31st March 2010 and of the Profit and Loss for the financial year ended 31st March 2010.

3) The Directors have taken proper and sufficient care for the maintenance of adequate accounting records in accordance with the provisions of the Companies Act, 1956, for the safeguarding the assets of the company and for detecting fraud and irregularities.

4) The Directors have prepared the Annual Accounts on Going Concern Basis. DIRECTOR

Pursuant to the provisions of the Companies Act, 1956 and Articles of Association of the Company, Smt. Rama Garg, Director of the Company retires by rotation and being eligible offers herself for re-appointment at the ensuing Annual General Meeting.

Appointment of Shri Sumit Kumar Agarwal and Shri Akash Singhvi as Additional Directors of the Company shall be confirmed at the ensuing Annual General Meeting.

AUDITORS AND AUDITORS REPORT

M/s C.S. Sarda & Co. Chartered Accountants, the retiring auditors of the Company, hold office until the conclusion of the ensuing Annual General Meeting and being eligible offer themselves for re-appointment.

The notes on accounts referred to in the Auditors Report are self-explanatory and therefore do not calls for any further comment.

STOCK EXCHANGE

The Companys securities are listed at Calcutta Stock Exchange Association Limited, and Bombay Stock Exchange Limited.

APPRECIATION

Your Directors place on record their deep appreciation for the continued, support and co-operation extended to the Company by the Banks, Government departments and other agencies.

Your Directors thank our esteemed shareholders for your continued support.

Your Directors place on record their appreciation of the dedication and commitment of your Companys employees and look forward to their support in the future as well.

Place: Kolkata FOR AND ON BEHALF OF THE BOARD

Date: 05.08.2010

M.K.GANGULY

(Chairman)