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Sword-Edge Commercials Ltd. ನಿರ್ದೇಶಕರ ವರದಿ
Mar 31, 2026
Your Directors hereby present the 41st Annual Report together with the Audited statements of Accounts for the financial year ended on 31st March 2026.
FINANCIAL PERFORMANCE:
The Company''s financial performance for the year ended 31st March 2026 is summarized below:
|
(Rs. In Lakhs) |
||
|
Particulars |
F.Y. 2025-26 |
F.Y. 2024-25 |
|
Total Income |
210.64 |
19.14 |
|
Total Expense |
264.53 |
117.26 |
|
Profit/(Loss) before Taxation |
(53.88) |
(98.12) |
|
Provision for Tax |
0 |
0 |
|
Add: Deferred Tax Liability Reversal |
0 |
0 |
|
Profit/(Loss) after Taxation |
(53.88) |
(98.12) |
OVERVIEW OF COMPANY''S FINANCIAL PERFORMANCE:
On Standalone basis, the Company has generated revenue from operations of Rs. 210.64 Lakhs for the current Financial Year as compared to Rs. 19.14 Lakhs in the Previous Year. The Net Loss for the current Financial Year decreased to Rs. 53.88 lakhs as against Rs. 98.12 lakhs as reported in the Previous Year.
DIVIDEND:
Considering the losses incurred in the current financial year and accumulated losses, your directors have not recommended any dividend for the financial year under review.
TRANSFER TO RESERVES:
The Company has not transferred any amount to Reserves for the period under review.
SHARE CAPITAL:
The issued, subscribed and paid up share capital of the Company is Rs. 21,72,00,000/- divided into 21,72,00,00 equity shares of Rs 1/- each. Your Company''s Equity Shares are listed on BSE Limited (BSE).
CHANGES IN SHARE CAPITAL:
During the year under review, there was no change in the paid up share capital of the Company. SUBSIDIARIES, JOINT VENTURES OR ASSOCIATE COMPANIES:
During the year under review, the Company does not have any subsidiary, associate companies & joint ventures.
MATERIAL CHANGES AND COMMITMENTS IF ANY AFFECTING THE FINANCIAL POSITION OF THE COMPANY:
No material changes and commitments affecting the financial position of the company have occurred between and at the end of financial year to which the financial statements relate and the date of the Directors'' Report.
Further, Company has paid Rs. 1,54,08,676/- (Rupees one crore fifty four lakhs eight thousand six hundred and seventy six) to Bombay Stock Exchange Limited as SOP fees for revocation of suspension of Company and Rs. 17,70,000 (Rupees seventeen lakhs, seventy thousand) as Reinstatement fees.
DEPOSIT:
Your Company has not accepted any deposits within the meaning of Section 73 of the Companies Act, 2013 and the Companies (Acceptance of Deposits) Rules, 2014 during the financial year.
PARTICULARS OF LOANS, GUARANTEES OR INVESTMENTS AND SECURITIES:
Details of Loans, Guarantee or Investments made by your Company under Section 186 of the Companies Act, 2013, during the financial year 2025-26 are enclosed as an "Annexure I" to this Board''s Report. During the year under review, the company has not provided any security falling within purview of Section 186.
SIGNIFICANT ORDERS PASSED BY THE REGULATORS, COURTS OR TRIBUNALS IMPACTING GOING CONCERN AND COMPANY''S OPERATIONS:
To the best of our knowledge, the company has not received any such orders passed by the regulators, courts or tribunals during the year, which may impact the going concern status or company''s operations in future. However, Company has been suspended from trading by BSE Limited due to non-payment of Annual listing Fees and non-submission of quarterly compliances, further during the year Company has paid SOP fines, reinstatement fees and also submitted all the pending quarterly compliances as per the BSE letter dated 16th January, 2026 and Company has also filed application before the Delisting Committee of BSE for revocation of suspension.
DIRECTORS AND KEY MANAGERIAL PERSONNEL:
Mrs. Karamjeet Sidhu Managing Director, Ms. Sakshi Jhala Chief Financial Officer and Ms. Guddi Bajpai Company Secretary are the Key Managerial Personnel of your Company, in accordance with the provisions of Section 203 of the Companies Act 2013.
As on March 31, 2026, the company has six directors with an optimum combination of Executive and NonExecutive Directors. During the financial year following changes took place in the composition of Board.
⢠Mrs. Chhayaben Parmar, Mr. Mehul Kumar Dhaduk and Mr.Ramiz Rafikbhai Saya resigned w.e.f. 21st August, 2025 from the Board of the Company.
⢠Ms. Neha Kargeti, Ms. Adithi Rathore and Mr. Kulbir Singh Sandhu, was appointed as an Additional NonExecutive Independent Directors of the Company on January 19, 2026 and were regularized by the members of the Company through postal Ballot on March 29, 2026.
DIRECTORS APPOINTMENT / RE APPOINTMENT:
⢠Re-appointment of Mr. Manish Kumar (DIN: 08881293) as an Independent Director of the Company for second term of five years from 01st October, 2026 to 30th September, 2031.
⢠In compliance with Section 152 of the Companies Act, 2013 and the Articles of Association of the Company, Mrs. Karamjeet Sidhu, Executive Director retires by rotation and being eligible, offers herself for re-appointment. A brief resume, nature of experience in specific functional areas, names of companies in which she holds directorships and memberships / chairmanships of Board Committees, shareholding and relationships between directors inter-se as stipulated under Regulation 17 of the Listing Regulations, 2015, is provided in the notes to Notice of the AGM. The Board of Directors of your Company recommended the appointment.
POLICY ON DIRECTORS'' APPOINTMENT AND REMUNERATION AND OTHER DETAILS:
The Company''s policy on directors'' appointment and remuneration and other matters provided in Section 178(3) of the Act can be assessed on www.swordedge.in.
DECLARATION BY INDEPENDENT DIRECTORS:
The Company has received necessary declaration from all the Independent Directors under Section 149 (7) of the Companies Act, 2013, confirming that they meet with the criteria of independence as laid down in Section 149(6) of the Companies Act, 2013 and Regulation 16(1)(b) of SEBI (Listing Obligations and Disclosure Requirement) Regulations, 2015.
FAMILIARISATION PROGRAMME FOR INDEPENDENT DIRECTORS:
Independent Directors are familiarised with their roles, rights and responsibilities in the Company, the industry in which it operates, business model, etc. at the time of their appointment. Details of the familiarization program on cumulative basis are available on the Company''s website at www.swordedge.in.
SEPARATE MEETING OF INDEPENDENT DIRECTORS:
As stipulated by the Code of Independent Directors under the Companies Act, 2013, a separate meeting of the Independent Directors of the Company was held on February 12, 2026 to review the performance of Non-Independent Directors (including the Chairman) and the entire Board.
DISCLOSURES RELATED TO BOARD AND COMMITTEES
a. NUMBER OF MEETINGS OF THE BOARD:
The Board meets at regular intervals. The notice of Board meeting is given well in advance to all the Directors. The Agenda for the Board and Committee meetings includes detailed notes on the items to be discussed at the meeting to enable the Directors to take an informed decision.
The Board of Directors met on 8 occasions during the year ended 31st March, 2026, viz. 30.05.2025, 14.08.2025, 22.08.2025, 29.08.2025, 19.01.2026, 04.02.2026, 12.02.2026 and 23.02.2026, in accordance with the provisions of the Companies Act, 2013 and rules made there under. The details thereof are given in the Corporate Governance Report.
b. COMMITTEES OF THE BOARD:
The Board of Directors has the following Committees: -
1. Audit Committee
The Company has constituted Audit Committee as per requirement of section 177 of the Companies Act 2013 and Regulation 18 of the SEBI (LODR) Regulations, 2015. The terms of reference of Audit Committee are broadly in accordance with the provisions of SEBI (LODR) Regulations, 2015 and Companies Act, 2013. During the financial year 2025-26, the Audit Committee met 4 (four) times on 30.05.2025, 14.08.2025, 04.02.2026 and 12.02.2026.
The Audit Committee comprises following Directors of the Company:
|
Name |
Category |
Position |
|
|
Manish Kumar |
Non-Executive - Independent Director |
Chairman |
|
|
#Adithi Rathore |
Non-Executive - Independent Director |
Member |
|
|
#Kulbir Singh Sandhu |
Non-Executive - Independent Director |
Member |
|
|
*Mehulkumar Dhaduk |
Non-Executive - Independent Director |
Member |
|
|
*Chhayaben Maheshbhai Parmar |
Non-Executive - Independent Director |
Chairman |
|
|
# Appointed on 19th January, 2026. * Resigned on 21st August 2025. |
|||
2. Nomination and Remuneration Committee
The Company has constituted a Nomination and Remuneration Committee in accordance with section 178 of the Companies Act, 2013 and the SEBI (LODR) Regulations, 2015. During the financial year 202526, the Nomination and Remuneration Committee met 2 (Two) times on 30.05.2025 and 04.02.2026. The Nomination and Remuneration Committee comprises of the following Directors of the Company:
|
Name |
Category |
Position |
|
|
Manish Kumar |
Non-Executive - Independent Director |
Chairman |
|
|
#Neha Kargeti |
Non-Executive - Independent Director |
Member |
|
|
#Adithi Rathore |
Non-Executive - Independent Director |
Member |
|
|
#Kulbir Singh Sandhu |
Non-Executive - Independent Director |
Member |
|
|
*Mehulkumar Dhaduk |
Non-Executive - Independent Director |
Member |
|
|
*Chhayaben Maheshbhai Parmar |
Non-Executive - Independent Director |
Chairman |
|
|
# Appointed on 19th January, 2026. * Resigned on 21st August 2025. |
|||
3. Stakeholders'' Relationship Committee
The Company has constituted a Stakeholders'' Relationship Committee in accordance with section 178 of the Companies Act, 2013 and the SEBI (LODR) Regulations, 2015. The Committee considers and approves various requests regarding annual report and to redress complaints of the shareholders. During the financial year 2025- 26, the Stakeholders'' Relationship Committee met 2 (Two) times on 30.05.2025 and 12.02.2026. The Stakeholders'' Relationship Committee comprises following Directors of the Company:
|
Name |
Category |
Position |
|
Manish Kumar |
Non-Executive - Independent Director |
Chairman |
|
#Neha Kargeti |
Non-Executive - Independent Director |
Member |
|
#Adithi Rathore |
Non-Executive - Independent Director |
Member |
|
#Kulbir Singh Sandhu |
Non-Executive - Independent Director |
Member |
|
*Mehulkumar Dhaduk |
Non-Executive - Independent Director |
Member |
|
*Chhayaben Maheshbhai Parmar |
Non-Executive - Independent Director |
Chairman |
|
# Appointed on 19th January, 2026. * Resigned on 21st August 2025. |
||
The attendance at the meetings are provided in the Corporate Governance Report.
BOARD EVALUATION:
Pursuant to the provisions of the Schedule IV, clause VIII of the Companies Act, 2013 the Board has carried out an evaluation of its own performance, the directors individually as well as the evaluation of the working of its Audit, Nomination & Remuneration Committees. The performance evaluations of Independent Directors were also carried out and the same was noted. Independent Directors in their meeting decided to bring more transparency in their performance and bring more responsibility while taking any policy decisions for the benefit of the shareholders in general.
REMUNERATION OF THE DIRECTORS/ KEY MANAGERIAL PERSONNEL (KMP)/ EMPLOYEES:
Disclosure of the ratio to the remuneration of each director to the median employee''s remuneration and other details required pursuant to section 197(12) of the Companies Act, 2013 read with Rule 5(1) of the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014 is provided as "Annexure II".
AUDITORS AND AUDITORS'' REPORT:
The Statutory Auditors M/s. H Rajen & Co., Chartered Accountants having Firm Registration No 108351W, were appointed in 40th Annual General Meeting to hold office from the conclusion of 40th Annual General Meeting for a term of consecutive five years till conclusion of 45th Annual General Meeting at such remuneration as may be agreed upon between the Auditors and the Board of Directors.
Auditors'' Report
The Independent Auditors'' Report of M/s. H Rajen & Co., on the Financial Statements of the Company for the Financial Year 2025-26 is a part of the Annual Report. There are no qualifications, reservations or adverse remarks or disclaimers made by M/s. H Rajen & Co. in their Report dated May 29, 2026. Further, the Auditors of the Company have not reported any fraud as specified under section 143(12) of the Companies Act, 2013.
The notes to the financial statement are self-explanatory and therefore do not call for any further comments.
COST AUDITOR AND COST AUDIT REPORT:
Cost Audit is not applicable to your Company.
SECRETARIAL AUDIT AND SECRETARIAL AUDITORS'' REPORT:
Pursuant to the provisions of Regulation 24A of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and Section 204 of the Companies Act, 2013 and the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014, M/s. Ashok Patel & Associates, Practicing Company Secretary (C.P No. 15326), was appointed as Secretarial Auditors of Company for the term of 5 (five) consecutive years from 2025-26 to 2029-30 on 40th Annual General Meeting .
Secretarial Audit Report for the financial year ended 31st March, 2026 issued by M/s. Ashok Patel & Associates, Company Secretaries in Form MR-3 forms part to this report - as "Annexure A". The following are the Observation mentioned in the Auditor''s Report along with the Explanations by the Board.
|
OBSERVATION IN SECRETARIAL AUDIT REPORT AND EXPLANATIONS BY THE BOARD:- |
||
|
Sr. No. |
Qualifications made by Secretarial Auditor |
Explanations by the Board |
|
a |
Annual Listing Fees - Reg. 14, SEBI (LODR) Regs., 2015 It is noted that trading in the Company''s equity shares was suspended due to non-payment of annual listing fees. the Company has filed an application for revocation of suspension of the Company on 13th February, 2026 and also paid all penalties and dues as per BSE letter dated January 16, 2026 as on date of this report. |
The company has Paid the annual listing fees after the closure of Financial Year. |
|
b |
Shareholding Pattern - Reg. 31, SEBI (LODR) Quarterly shareholding pattern was not filed within timelines for quarters i.e. December 2025 and June 2025. The Company intends to reestablish timely filings and made the filing in subsequent year. |
The company will take necessary steps to comply with the same. |
|
c |
Financial Results - Reg. 33, SEBI (LODR) There were delays/deficiencies in quarterly/annual results. Audited financial results for the financial year ended March 31, 2025 was uploaded on 14th August, 2025 |
The company will take necessary steps to comply with the same. |
|
d |
Newspaper Publications - Reg. 47, SEBI (LODR) Newspaper publications of financial results for the Quarter ended June 2025 were not published on all required events. |
The company will take necessary steps to comply with the same. |
|
e |
Investor Grievance Statement - Reg. 13(3), SEBI (LODR) Quarterly statement of investor complaints for quarter ended June 2025 was filed delayed on October 6, 2025. The Quarterly disclosure is now submitted as part of the Integrated Filing (Governance). |
The company will take necessary steps to comply with the same. |
|
f |
Price-Sensitive Disclosures & Meeting Intimations - Reg. 29 & Reg. 30, SEBI (LODR) Postponement/adjournment of Board meetings and outcomes were not always intimated in the manner/timelines prescribed for material events. The Company proposes to tighten internal timelines for Reg. 29/30 intimations. |
The company will take necessary steps to comply with the same. |
|
G |
Appointment of Whole-time Company Secretary (KMP) - Sec. 203, CA 2013 read with Rule 8 of the 2014 Rules The Company in its Meeting held on February 04, 2026, has appointed Ms. Guddi Bajpai (Mem. No. A41335) as Company Secretary & Compliance Officer. Mr. Ankur Singh, Company Secretary & Compliance Officer has tendered his resignation vide letter dated September 15, 2025 and will be relieved from his responsibilities with effect from the closure of business hours on October 10, 2025. |
The company has appointed Company Secretary & Compliance Officer on February 04, 2026. |
|
h |
Statutory Dues & Tax Compliances (as per FS/notes) The company is not regular in depositing undisputed statutory dues including Goods and Services Tax, Provident Fund, Employees State Insurance, Income Tax, Sales Tax, Service Tax, Duty of Customs, Duty of Excise, Value Added Tax, cess and any other statutory dues to the appropriate authorities |
The company will take necessary steps to comply with the same. |
|
i |
Suspension/Revocation - Trading Window for Non-compliant Scrips (Exchange SOP) Company has paid full SOP fees as on date of this report. |
The company has paid full SOP fees after closure of the FY 2025-26. |
INTERNAL FINANCIAL CONTROL SYSTEMS:
The Company''s internal control systems are adequate and commensurate with the nature and size of the Company
PARTICULAR OF CONTRACTS OR ARRANGEMENT WITH RELATED PARTIES:
All the transactions with Related Parties are placed before the Audit Committee and are also placed before the Board for approval. Prior omnibus approval of the Audit Committee and the Board is obtained for the transactions which are of a foreseen and repetitive nature. The transactions entered into pursuant to the omnibus approval so granted are placed before the Audit Committee and the Board of Directors for their approval on a quarterly basis.
There are no materially significant related party transactions made by the company with Key Managerial Personnel or other designated persons which may have potential conflict with interest of the company at large. However, during the financial year ended on 31st March, 2026 the Company has not entered into any material related party transactions under the SEBI Listing Regulations, 2015 read with section 188 of the Companies Act, 2013; therefore Form AOC-2 does not form part of this report.
The details of the related party transactions entered as required under "Ind. As -24" are set out in financial statements forming part of this Annual Report.
The Policy on related party transactions may be accessed on the Company''s website at a link: www.swordedge.in
EXTRACT OF ANNUAL RETURN:
Pursuant to Section 92(3) read with Section 134(3) (a) of the Companies Act 2013, the Annual Return as on 31st March 2026 is available on the website of the Company at www.swordedge.in
REPORT ON CORPORATE GOVERNANCE & MANAGEMENT DISCUSSION & ANALYSIS:
Pursuant to Regulation 34(3) read with Schedule V of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Company has taken adequate steps to ensure that all mandatory provisions of Corporate Governance as prescribed under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 are complied with, a separate section titled Report on Corporate Governance together with a Certificate from the Secretarial Auditor forms part of this Report as "Annexure B".
A detailed Management Discussion & Analysis forms part of this Report as "Annexure C".
CORPORATE SOCIAL RESPONSIBILITY INITIATIVES:
The Company has not developed and implemented any Corporate Social Responsibility initiative under the provisions of Section 135 of the Companies Act, 2013, read with Rule 9 of Companies (Corporate Social Responsibility Policy) Rules, 2014, as the said provisions are not applicable.
DISCLOSURE UNDER THE SEXUAL HARASSMENT OF WOMEN AT WORKPLACE (PREVENTION, PROHIBITION AND REDRESSAL) ACT, 2013:
The Company has zero tolerance for sexual harassment at workplace and has adopted a policy against sexual harassment in line with the provisions of Sexual Harassment of Women at Workplace (Prevention, Prohibition and Redressal) Act, 2013 and the rules framed thereunder, however during the financial year 2025-26, no complaint were received hence no complaint is outstanding as on 31st March 2026.
CONSERVATION OF ENERGY, TECHNOLOGY ABSORPTION AND FOREIGN EXCHANGE EARNINGS AND OUTGO:
The details of conservation of energy, technology absorption etc. as prescribed under Section 134(3)(m) of the Companies Act, 2013 read with Rule 8 of the Companies (Accounts) Rules, 2014, are not applicable to your Company. However, your Company has been taking steps at all times for the conservation of energy and technology absorption.
Foreign Exchange Earnings & Outgo
The details of foreign exchange earnings and outgo during the year under review is as under:
Foreign Exchange Earnings - Nil Foreign Exchange Outgo - Nil
PREVENTION OF INSIDER TRADING:
In view of the SEBI (Prohibition of Insider Trading) Regulation, 2015 the Company has adopted a Code of Conduct for Prevention of Insider Trading with a view to regulate trading in securities by the Directors ar designated employees of the Company. The details of the Insider Trading Policy has been posted on th website of the Company at www.swordedge.in . The Code requires Trading Plan, pre-clearance for dealir in the Company''s shares and prohibits the purchase or sale of Company shares by the Directors and th designated employees while in possession of unpublished price sensitive information in relation to th Company and during the period when the Trading Window is closed. However, there were no such instances in the Company during the year 2025-26.
DIRECTORS'' RESPONSIBILITY STATEMENT:
The Directors'' Responsibility Statement referred to in clause (c) of sub-section (3) of Section 134 of tl Companies Act, 2013, shall state that:
a) In the preparation of the annual accounts, the applicable accounting standards have been followed along with proper explanations by way of notes to accounts relating to material departures;
b) the Directors have selected such accounting policies and applied them consistently and made judgments and estimates that were reasonable and prudent so as to give a true and fair view of the state of affairs of the Company as at March 31, 2026 and of the profit or loss of the Company for that period;
c) the Directors have taken proper and sufficient care for the maintenance 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;
d) the Directors have laid down internal financial controls to be followed by the Company and that such internal financial controls are adequate and are operating effectively; and;
e) Directors have prepared the accounts on a "going concern basis".
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.
DISCLOSURE UNDER SECTION 197(12) OF THE COMPANIES ACT, 2013 AND OTHER DISCLOSURES AS PER RULE 5 OF COMPANIES (APPOINTMENT & REMUNERATION) RULES, 2014:
Pursuant to Section 197(12) of the Companies Act, 2013 and Rule 5 of Companies (Appointment & Remuneration) Rules, 2014, every Listed Company mandate to disclose in the Board''s Report the ratio of the remuneration of each director to the permanent employee''s remuneration. Disclosure under the said provision has been furnished at "Annexure II" to this Board''s Report.
PARTICULARS OF EMPLOYEES:
During the year under review, there are no employees who comes within the purview of Section 134 (3)(q) of the Companies Act, 2013 read with Rule 5(2) & 5(3) of the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014.
BUSINESS RISK MANAGEMENT:
Since the Company does not have any significant business activities, hence the Business Risk is at the Minimal Level. Hence, no major risk factors are envisaged except for: a. Government Policies b. Human Resource Risk
VIGIL MECHANISM/ WHISTLE BLOWER POLICY:
The Company encourages an open and transparent system of working and dealing amongst its stakeholders and accordingly, has framed a robust vigil mechanism in the form of Whistle Blower policy. This policy enables its directors and employees of the Company or any other person who avails the mechanism framed under this policy to report concerns about unethical or improper practices or alleged wrongful conduct, actual or suspected fraud etc., without any fear of discrimination or victimization of any kind. This policy protects such directors and employees from unfair or prejudicial treatment by anyone within the Company. It also provides direct access to the chairman of the Audit committee. Details of vigil mechanism/whistle blower policy are included in the Corporate Governance Report, forming part of this Report. The policy is available on the website of the Company at www.swordedge.in . During the financial year 2025-26, no complaints under this mechanism have been reported.
MATERNITY BENEFIT PROVIDED BY THE COMPANY UNDER MATERNITY BENEFIT ACT 1961:
The Company confirms that it has followed the Maternity Benefit Act, 1961. All eligible women employees received the required benefits, including paid leave, continued salary and service, and post-maternity support like nursing breaks and flexible work options.
COMPLIANCE OF ACCOUNTING STANDARD:
As per requirements of Listing Regulations, 2015 and applicable Accounting Standards, your Company has made proper disclosures in the Financial Statements. The applicable Accounting Standards have been duly adopted pursuant to the provisions of Sections 129 and 133 of the Act.
COMPLIANCE OF SECRETARIAL STANDARDS:
The Board of Directors confirms that the Company, has duly complied and is in compliance, with the applicable Secretarial Standard/s, namely Secretarial Standard-1 (''SS-1'') on Meetings of the Board of Directors and Secretarial Standard -2 (''SS-2'') on General Meetings, during the financial year ended 31 March 2026.
POLICIES:
The Board of Directors of your Company, from time to time have framed and revised various Polices as per the applicable Acts, Rules, Regulations and Standards for better governance and administration of the Company. The Policies are made available on the website of the Company At www.swordedge.in
The policies are reviewed periodically by the Board and updated based on need and requirements.
APPLICATION FOR REVOCATION OF SUSPENSION:
During the year under review, Company has filed an application for revocation of suspension with Bombay Stock Exchange ("BSE") on 13th February, 2026. Company has filed all the previous pending compliances as per SEBI LODR and paid SOP fines, Listing fees and Reinstatement fees as per BSE letter dated 16th January, 2026.
GENERAL DISCLOSURE:
Your Directors state that no disclosure or reporting is required in respect of the following items as there were no transactions on these items during the year under review:
⢠Issue of equity shares with differential rights as to dividend, voting or otherwise.
⢠Issue of shares (sweat equity shares) to employees of the Company under ESOS.
⢠During the year under Report, no funds were raised through preferential allotment or qualified institutional placement.
⢠During the year under Report, no funds were raised through employee stock option scheme and employee stock purchase scheme.
⢠There are no funds or shares lying with the Company to be transferred to IEPF account in accordance with Section 125 of the Companies Act, 2013 and section 6 of Section 124 of the Companies Act, 2013.
ACKNOWLEDGEMENT:
Your Directors would like to express their sincere appreciation for the assistance and cooperation received from the Banks, Government Authorities, Customers, and Shareholders during the year. Your directors also wish to take on record their deep sense of appreciation for the committed services of the employees at all levels, which has made our Company successful in the business.
The directors are thankful to the esteemed shareholders for their continued support and the confidence reposed in the Company and its management.
The Directors also thank the Government of India, Governments of various states in India and concerned Government departments and agencies for their co-operation.
Mar 31, 2025
Your Directors here by present the 40th Annual Report together with the Audited statements of Accounts for the
financial year ended on 31st March 2025.
FINANCIAL PERFORMANCE:
The Companies financial performance for the year ended 31st March 2025 is summarized below:
|
Particulars |
F.Y. 2024-25 |
F.Y. 2023-24 |
|
Total Income |
19.14 |
39.69 |
|
Total Expanses |
117.26 |
26.57 |
|
Profit/(Loss) before Taxation |
(98.12) |
13.13 |
|
Provision for Tax |
0 |
0 |
|
Add: Deferred Tax Liability Reversal |
0 |
0 |
|
Profit/(Loss) after Taxation |
(98.12) |
13.13 |
BRIEF DESCRIPTION OF THE COMPANY''S WORKING DURING THE YEAR/STATE OF THE COMPANY''S AFFAIR:
The Company does not have any significant business activity and does not carry out any business during the year
under review.
DIVIDEND:
Considering the losses incurred in the current financial year and accumulated losses, your Directors have not
recommended any dividend for the financial year under review.
TRANSFER TO RESERVES:
The Company has not transferred any amount to Reserves for the period under review.
SHARE CAPITAL:
The issued, subscribed and paid up share capital of the Company is Rs. 21,72,00,000/- divided into 21,72,00,00 equity
shares of Rs 1/- each.
SUBSIDIARIES, JOINT VENTURES OR ASSOCIATE COMPANIES:
The Company does not have any subsidiary, associate companies & joint ventures.
MATERIAL CHANGES AND COMMITMENTS IF ANY AFFECTING THE FINANCIAL POSITION OF THE COMPANY:
No material changes and commitments affecting the financial position of the company have occurred between the
end of financial year to which the financial statements relate and the date of the Directors'' Report.
DEPOSIT:
Your Company has not accepted any deposits within the meaning of Section 73 of the Companies Act, 2013 and the
Companies (Acceptance of Deposits) Rules, 2014.
PARTICULARS OF LOANS, GUARANTEES OR INVESTMENTS:
Details of Loans, Guarantee or Investments made by your Company under Section 186 of the Companies Act, 2013,
during the financial year 2024-25 are enclosed as an Annexure to this Board''s Report. During the year under review,
thecompany has not provided any security falling within purview of Section 186.
RELATED PARTY TRANSACTIONS:
All related party transactions that were entered into during the financial year were on arm''s length basis and were in
the ordinary course of the business. There are no materially significant related party transactions made by the
company with Promoters, Key Managerial Personnel or other designated persons which may have potential conflict
with interest of the company at large.
SIGNIFICANT ORDERS PASSED BY THE REGULATORS, COURTS OR TRIBUNALS IMPACTING GOING CONCERN AND
COMPANY''S OPERATIONS:
To the best of our knowledge, the company has not received any such orders passed by the regulators, courts or
tribunals during the year, which may impact the going concern status or company''s operations in future. However,
Company has been suspended from trading by BSE Limited due to non-payment of Annual listing Fees and non¬
submission of quarterly compliances.
DIRECTORS AND KEY MANAGERIAL PERSONNEL:
In compliance with Section 152 of the Companies Act, 2013 and the Articles of Association of the Company, Mrs.
Sakshi Jhala, Whole-time Director retires by rotation and being eligible, offers herself for re-appointment. A resolution
seeking shareholders'' approval for re-appointment of Mrs. Sakshi Jhala forms part of the Notice of the 40th AGM. The
Board has recommended her reappointment.
As on March 31, 2025, the company has six directors with an optimum combination of Executive and Non-Executive
Directors. During the financial year there were no changes in the composition of Board.
DECLARATION BY INDEPENDENT DIRECTORS:
The Company has received necessary declaration from all the Independent Directors under Section 149 (7) of the
Companies Act, 2013, confirming that they meet with the criteria of independence as laid down in Section 149(6) of
the Companies Act, 2013 and Regulation 16(1)(b) of SEBI (Listing Obligations and Disclosure Requirement)
Regulations, 2015.
NUMBER OF MEETINGS OF THE BOARD:
The details of the number of meetings of the Board held during the Financial Year 2024-25 forms part of the
Corporate Governance Report.
COMMITTEES OF THE BOARD:
The Board of Directors has the following Committees: -
1. Audit Committee
2. Nomination and Remuneration Committee
3. Stakeholders'' Relationship Committee
The details of the Committees along with their composition, number of meetings and attendance at the meetings are
provided in the Corporate Governance Report.
BOARD EVALUATION:
Pursuant to the provisions of the Schedule IV, clause VIII of the Companies Act, 2013 the Board has carried out an
evaluation of its own performance, the directors individually as well as the evaluation of the working of its Audit,
Appointment & Remuneration Committees. The performance evaluations of Independent Directors were also carried
out and the same was noted. Independent Directors in their meeting decided to bring more transparency in their
performance and bring more responsibility while taking any policy decisions for the benefit of the shareholders in
general.
REMUNERATION OF THE DIRECTORS/ KEY MANAGERIAL PERSONNEL (KMP)/ EMPLOYEES:
No Directors/ Key Managerial Personnel are drawing any remuneration except chief financial officer (CFO). Company
doesn''t have any permanent employees as on 31st March 2025. Hence, the information required pursuant to Section
197 read with Rule 5 (1) (i) of The Companies (Appointment and Remuneration) Rules, 2014 in respect of ratio of
remuneration of each director to the median remuneration of the employees of the Company for the Financial year is
not given.
AUDITORS AND AUDITORS'' REPORT:
M/s. H Rajen & Co, Chartered Accountants, (Firm Registration no. 108351W), Statutory Auditors have conducted audit
for the financial year 2024-25. The Auditor''s Report for the current financial year containing qualification, reservation
or adverse remark. The auditor''s report is enclosed with the financial statement in this Annual Report.
The notes to the financial statement are self-explanatory and therefore do not call for any further comments.
COST AUDITOR AND COST AUDIT REPORT:
Cost Audit is not applicable to your Company.
SECRETARIAL AUDIT AND SECRETARIAL AUDITORS'' REPORT:
Pursuant to provisions of section 204 of the Companies Act, 2013 and The Companies (Appointment and
Remuneration of Managerial Personnel) Rules, 2014 the Company has appointed M/s. Ashok Patel & Associates,
Practicing Company Secretary to undertake the Secretarial Audit of the Company.
The Secretarial Audit report in the prescribed Form No MR-3 is annexed herewith.
QUALIFICATION IN SECRETARIAL AUDIT REPORT AND EXPLANATIONS BY THE BOARD:-
|
Sr. No. |
Qualifications made by Secretarial Auditor |
Explanations by the Board |
|
a |
Annual Listing Fees - Reg. 14, SEBI (LODR) It is noted that trading in the Company''s |
The company will take necessary steps to comply with the |
|
b |
Shareholding Pattern - Reg. 31, SEBI (LODR) |
The company will take necessary steps to comply with the |
|
c |
Financial Results - Reg. 33, SEBI (LODR) There were delays/deficiencies in |
The company will take necessary steps to comply with the |
|
d |
Newspaper Publications - Reg. 47, SEBI (LODR) |
The company will take necessary steps to comply with the |
|
e |
e-Voting - Reg. 44, SEBI (LODR) & Companies Remote e-voting facility was not provided for |
The company will take necessary steps to comply with the |
|
f |
Investor Grievance Statement - Reg. 13(3), Quarterly statement of investor complaints |
The company will take necessary steps to comply with the |
|
g |
Price-Sensitive Disclosures & Meeting |
The company will take necessary steps to comply with the |
|
h |
PIT - Structured Digital Database (SDD) - Reg. |
Company Will maintain the same in short period |
|
i |
Certificates under Reg. 40(9) and DP Reg. 74(5) |
Company Will maintain the same in short period |
|
j |
Annual Secretarial Compliance Report has |
The company will take necessary steps to comply with the |
|
K |
As on report date, the Company does not have |
The company will take necessary steps to comply with the |
|
L |
Deposits - Sec. 73-76, CA 2013 & Companies |
The company will take necessary steps to comply with the |
|
M |
Statutory Dues & Tax Compliances (as per |
The company will take necessary steps to comply with the |
|
N |
Suspension/Revocation - Trading Window for |
The company will take necessary steps to comply with the |
INTERNAL CONTROL SYSTEMS:
As there are no significant business activities there were no systems set up for Internal Controls.
EXTRACT OF ANNUAL RETURN:
Pursuant to Section 92(3) read with Section 134(3) (a) of the Companies Act 2013, the Annual Return as on 31st
March 2024 is available on the website of the Company at www.swordedgecommercialslimited.shop
REPORT ON CORPORATE GOVERNANCE & MANAGEMENT DISCUSSION & ANALYSIS:
Pursuant to Regulation 34(3) read with Schedule V of the SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015 Company has taken adequate steps to ensure that all mandatory provisions of Corporate
Governance as prescribed under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 are
complied with, a separate section titled Report on Corporate Governance together with a Certificate from the
Practicing Chartered accountants forms part of this Report.
A detailed Management Discussion & Analysis forms part of this Report.
CORPORATE SOCIAL RESPONSIBILITY INITIATIVES:
The Company has not developed and implemented any Corporate Social Responsibility initiative under the provisions
of Section 135 of the Companies Act, 2013, read with Rule 9 of Companies (Corporate Social Responsibility Policy)
Rules, 2014, as the said provisions are not applicable.
PARTICULARS OF EMPLOYEES:
In terms of the provisions of Section 197(12) of the Act read with Rules 5(2) and 5(3) of the Companies (Appointment
and Remuneration of Managerial Personnel) Rules, 2014, is not required to be given as there were no employees
coming within the purview of this section.
DISCLOSURE UNDER THE SEXUAL HARASSMENT OF WOMEN AT WORKPLACE (PREVENTION, PROHIBITION AND
REDRESSAL) ACT, 2013:
The Company has zero tolerance for sexual harassment at workplace and has adopted a policy against sexual
harassment in line with the provisions of Sexual Harassment of Women at Workplace (Prevention, Prohibition and
Redressal) Act, 2013 and the rules framed thereunder, however during the financial year 2024-25, no complaint
were received hence no complaint is outstanding as on 31st March 2025.
CONSERVATION OF ENERGY, TECHNOLOGY ABSORPTION AND FOREIGN EXCHANGE EARNINGS AND OUTGO:
The details of conservation of energy, technology absorption etc. as required to be given under Section 134(3)(m) of
the Companies Act, 2013 read with Rule 8 of The Companies (Accounts) Rules, 2014, are not applicable to Company,
as our Company has not carried out in the manufacturing activities. The foreign exchange earnings on account of the
operation of the Company during the year was Rs. Nil.
DIRECTORS'' RESPONSIBILITY STATEMENT:
The Directors'' Responsibility Statement referred to in clause (c) of sub-section (3) of Section 134 of the Companies
Act, 2013, shall state that:
a) In the preparation of the annual accounts, the applicable accounting standards have been followed along
with proper explanation by way of notes to accounts relating to material departures;
b) the Directors have selected such accounting policies and applied them consistently and made judgments and
estimates that were 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 profit or loss of the Company for that period;
c) the Directors have taken proper and sufficient care for the maintenance 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;
e) Directors have prepared the accounts on a "going concern basis".
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.
DISCLOSURE UNDER SECTION 197(12) OF THE COMPANIES ACT, 2013 AND OTHER DISCLOSURES AS PER RULE 5 OF
COMPANIES (APPOINTMENT & REMUNERATION) RULES, 2014:
Pursuant to Section 197(12) of the Companies Act, 2013 and Rule 5 of Companies (Appointment & Remuneration)
Rules, 2014, every Listed Company mandate to disclose in the Board''s Report the ratio of the remuneration of each
director to the permanent employee''s remuneration. However, since there are no employees in the Company,
no disclosure under the said provision has been furnished.
BUSINESS RISK MANAGEMENT:
Since the Company does not have any significant business activities, hence the Business Risk is at the Minimal Level.
Hence, no major risk factors are envisaged except for: a. Government Policies b. Human Resource Risk
VIGIL MECHANISM/ WHISTLE BLOWER POLICY:
The Company encourages an open and transparent system of working and dealing amongst its stakeholders and
accordingly, has framed a robust vigil mechanism in the form of Whistle Blower policy. This policy enables its
directors and employees of the Company or any other person who avails the mechanism framed under this policy to
report concerns about unethical or improper practices or alleged wrongful conduct, actual or suspected fraud etc.,
without any fear of discrimination or victimization of any kind. This policy protects such directors and employees
from unfair or prejudicial treatment by anyone within the Company. It also provides direct access to the chairman of
the Audit committee. Details of vigil mechanism/whistle blower policy are included in the Corporate Governance
Report, forming part of this Report. The policy is available on the website of the Company at
www.swordedgecommercialslimited.shop.
In order to enhance the knowledge amongst the employees about the Whistle Blower policy, an awareness
programme was undertaken by the Company and an annual affirmation in this regard was obtained from the
employees.
During the financial year 2024-25, no complaints under this mechanism have been reported.
Maternity benefit provided by the company under Maternity Benefit Act 1961:
The Company confirms that it has followed the Maternity Benefit Act, 1961. All eligible women employees received the
required benefits, including paid leave, continued salary and service, and post-maternity support like nursing breaks and
flexible work options.
ACKNOWLEDGEMENT:
Your Directors would like to express their sincere appreciation for the assistance and co-operation received from the
Banks, Government Authorities, Customers, and Shareholders during the year. Your directors also wish to take on
record their deep sense of appreciation for the committed services of the employees at all levels, which has made our
Company successful in the business.
For and on Behalf of the Board
For, SWORD-EDGE COMMERCIALS LIMITED
Place: Mumbai
Date: 29.08.2025
Karamjeet Kaur Sidhu
Managing Director
DIN:03325221
Mar 31, 2024
Your Directors here by present the 39th Annual Report together with the Audited statements of Accounts for the
financial year ended on 31st March 2024.
FINANCIAL PERFORMANCE:
The Companies financial performance for the year ended 31st March 2024 is summarized below:
|
Particulars |
F.Y. 2023-24 |
F.Y. 2022-23 |
|
Total Income |
39.69 |
68.95 |
|
Total Expanses |
26.57 |
58.34 |
|
Profit/(Loss) before Taxation |
13.13 |
10.61 |
|
Provision for Tax |
0 |
0 |
|
Add: Deferred Tax Liability Reversal |
0 |
0 |
|
Profit/(Loss) after Taxation |
13.13 |
10.61 |
BRIEF DESCRIPTION OF THE COMPANY''S WORKING DURING THE YEAR/STATE OF THE COMPANY''S AFFAIR:
The Company does not have any significant business activity and not carried out any business during the year under
review.
DIVIDEND:
In view of conserving resources of the Company, your Directors have not recommended any dividend for the financial
year under review.
TRANSFER TO RESERVES:
The Company has not transferred any amount to Reserves for the period under review.
SHARE CAPITAL:
The issued, subscribed and paid up share capital of the Company is Rs. 21,72,00,000/- divided into 21,72,00,00 equity
shares of Rs 1/- each.
SUBSIDIARIES, JOINT VENTURES OR ASSOCIATE COMPANIES:
The Company does not have any subsidiary, associate companies & joint ventures.
MATERIAL CHANGES AND COMMITMENTS IF ANY AFFECTING THE FINANCIAL POSITION OF THE COMPANY:
No material changes and commitments affecting the financial position of the company have occurred between the
end of financial year to which the financial statements relate and the date of the Directors'' Report.
DEPOSIT:
Your Company has not accepted any deposits within the meaning of Section 73 of the Companies Act, 2013 and the
Companies (Acceptance of Deposits) Rules, 2014.
PARTICULARS OF LOANS, GUARANTEES OR INVESTMENTS:
Details of Loans, Guarantee or Investments made by your Company under Section 186 of the Companies Act, 2013
during the financial year 2023-24 is enclosed as an Annexure to this Board''s Report. During the year under review, the
company has not provided any security falling within in purview of Section 186.
RELATED PARTY TRANSACTIONS:
All related party transactions that were entered into during the financial year were on arm''s length basis and were in
the ordinary course of the business. There are no materially significant related party transactions made by the
company with Promoters, Key Managerial Personnel or other designated persons which may have potential conflict
with interest of the company at large.
SIGNIFICANT ORDERS PASSED BY THE REGULATORS, COURTS OR TRIBUNALS IMPACTING GOING CONCERN AND
COMPANY''S OPERATIONS:
To the best of our knowledge, the company has not received any such orders passed by the regulators, courts or
tribunals during the year, which may impact the going concern status or company''s operations in future.
DIRECTORS AND KEY MANAGERIAL PERSONNEL:
Ms. Chhayaben Maheshbhai Parmar (DIN: 10457702) was appointed as Additional Directors (Professional, Non¬
Executive Director) of the Company w.e.f. 09.01.2024 and hold the office up to the ensuing Annual General Meeting.
The Board considers it desirable to avail their services.
During the year Ms. Manjulaben Parmar (DIN: 09420512), Independent director was resigned on 5th January 2024.
However, Ms. Mona Lisa (DIN: 07665073), Independent Director was resigned after the financial year 2023-24 on 9th
May 2024.
DECLARATION BY INDEPENDENT DIRECTORS:
The Company has received necessary declaration from all the Independent Directors under Section 149 (7) of the
Companies Act, 2013, confirming that they meet with the criteria of independence as laid down in Section 149(6) of
the Companies Act, 2013 and Regulation 16(1)(b) of SEBI (Listing Obligations and Disclosure Requirement)
Regulations, 2015.
NUMBER OF MEETINGS OF THE BOARD:
The details of the number of meetings of the Board held during the Financial Year 2023-24 forms part of the
Corporate Governance Report.
COMMITTEES OF THE BOARD:
The Board of Directors has the following Committees: -
1. Audit Committee
2. Nomination and Remuneration Committee
3. Stakeholders'' Relationship Committee
The details of the Committees along with their composition, number of meetings and attendance at the meetings are
provided in the Corporate Governance Report.
BOARD EVALUATION:
Pursuant to the provisions of the Schedule IV, clause VIII of the Companies Act, 2013 the Board has carried out an
evaluation of its own performance, the directors individually as well as the evaluation of the working of its Audit,
Appointment & Remuneration Committees. The performance evaluations of Independent Directors were also carried
out and the same was noted. Independent Directors in their meeting decided to bring more transparency in their
performance and bring more responsibility while taking any policy decisions for the benefit of the shareholders in
general.
REMUNERATION OF THE DIRECTORS/ KEY MANAGERIAL PERSONNEL (KMP)/ EMPLOYEES:
No Directors/ Key Managerial Personnel are drawing any remuneration. Hence, the information required pursuant to
Section 197 read with Rule 5 (1) (i) of The Companies (Appointment and Remuneration) Rules, 2014 in respect of ratio
of remuneration of each director to the median remuneration of the employees of the Company for the Financial year
is not given.
AUDITORS AND AUDITORS'' REPORT:
M/s. Nilesh Thakor and Associates, Chartered Accountants, Ahmedabad (Firm Reg. No. 160462W), Statutory Auditors
have conducted audit for the financial year 2023-24. The Auditor''s Report for the current financial year does not
contain any qualification, reservation or adverse remark. The auditor''s report is enclosed with the financial statement
in this Annual Report.
The notes to the financial statement are self-explanatory and therefore do not call for any further comments.
COST AUDITOR AND COST AUDIT REPORT:
Cost Audit is not applicable to your Company.
SECRETARIAL AUDIT AND SECRETARIAL AUDITORS'' REPORT:
Pursuant to provisions of section 204 of the Companies Act, 2013 and The Companies (Appointment and
Remuneration of Managerial Personnel) Rules, 2014 the Company has appointed M/s. Prachi Bansal & Associates
Company Secretaries in practice to undertake the Secretarial Audit of the Company.
The Secretarial Audit report in the prescribed Form No MR-3 is annexed herewith.
QUALIFICATION IN SECRETARIAL AUDIT REPORT AND EXPLANATIONS BY THE BOARD:-
|
Sr. No. |
Qualifications made by Secretarial Auditor |
Explanations by the Board |
|
a |
Acknowledgement for sending the notices of |
The notice and agenda for the Board and committee meeting |
|
b |
The company has not complied with certain |
The company will take necessary steps to comply with the |
|
c |
As per section 138 of the Companies Act, |
The size of operation of the Company is very small, it is not |
|
d |
Certain event based E Forms have not been |
The company will ensure to file all relevant documents in |
|
e |
Updating of website with regard to various |
The company will take necessary steps to update website |
|
f |
As per Section 203(1)(i), (ii)& (iii), the company |
Company is in search of qualified Company Secretary. |
|
g |
The company has not maintained the |
The company will take necessary steps to maintain the |
|
h |
Statutory Registrar as per companies Act 2013 |
The company will take necessary steps to update Statutory |
|
i |
The Company has not complied with structural |
Company Will maintained the same in short period |
INTERNAL CONTROL SYSTEMS:
As there is no significant business activities hence there was no systems set up for Internal Controls.
EXTRACT OF ANNUAL RETURN:
Pursuant to Section 92(3) read with Section 134(3) (a) of the Companies Act 2013, the Annual Return as on 31st
March 2024 is available on the website of the Company atwww.swordedgecommercialsltd.in
REPORT ON CORPORATE GOVERNANCE & MANAGEMENT DISCUSSION & ANALYSIS:
Pursuant to Regulation 34(3) read with Schedule V of the SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015 Company has taken adequate steps to ensure that all mandatory provisions of Corporate
Governance as prescribed under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 are
complied with, a separate section titled Report on Corporate Governance together with a Certificate from the
Practicing Chartered accountants forms part of this Report.
A detailed Management Discussion & Analysis forms part of this Report.
CORPORATE SOCIAL RESPONSIBILITY INITIATIVES:
The Company has not developed and implemented any Corporate Social Responsibility initiative under the provisions
of Section 135 of the Companies Act, 2013, read with Rule 9 of Companies (Corporate Social Responsibility Policy)
Rules, 2014, as the said provisions are not applicable.
PARTICULARS OF EMPLOYEES:
In terms of the provisions of Section 197(12) of the Act read with Rules 5(2) and 5(3) of the Companies (Appointment
and Remuneration of Managerial Personnel) Rules, 2014, is not required to be given as there were no employees
coming within the purview of this section.
DISCLOSURE UNDER THE SEXUAL HARASSMENT OF WOMEN AT WORKPLACE (PREVENTION, PROHIBITION AND
REDRESSAL) ACT, 2013: The Company has zero tolerance for sexual harassment at workplace and has adopted a
policy against sexual harassment in line with the provisions of Sexual Harassment of Women at Workplace
(Prevention, Prohibition and Redressal) Act, 2013 and the rules framed thereunder. The Company has not received
any sexual harassment related complaints during the year 2023-24.
CONSERVATION OF ENERGY, TECHNOLOGY ABSORPTION AND FOREIGN EXCHANGE EARNINGS AND OUTGO:
The details of conservation of energy, technology absorption etc. as required to be given under Section 134(3)(m) of
the Companies Act, 2013 read with Rule, 8 of The Companies (Accounts) Rules, 2014, are not applicable to Company,
as our Company has not carried out in the manufacturing activities. The foreign exchange earning on account of the
operation of the Company during the year was Rs. Nil.
DIRECTORS'' RESPONSIBILITY STATEMENT:
The Directors'' Responsibility Statement referred to in clause (c) of sub-section (3) of Section 134 of the Companies
Act, 2013, shall state that:
a) In the preparation of the annual accounts, the applicable accounting standards have been followed along
with proper explanation by way of notes to accounts relating to material departures;
b) the Directors have selected such accounting policies and applied them consistently and made judgments and
estimates that were 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 profit or loss of the Company for that period;
c) the Directors have taken proper and sufficient care for the maintenance 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;
e) Directors have prepared the accounts on a "going concern basis".
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.
DISCLOSURE UNDER SECTION 197(12) OF THE COMPANIES ACT, 2013 AND OTHER DISCLOSURES AS PER RULE 5 OF
COMPANIES (APPOINTMENT & REMUNERATION) RULES, 2014:
Pursuant to Section 197(12) of the Companies Act, 2013 and Rule 5 of Companies (Appointment & Remuneration)
Rules, 2014, every Listed Company mandates to disclose in the Board''s Report the ratio of the remuneration of
each director to the permanent employee''s remuneration. However, since there is no permanent employee in
the Company, no disclosure under the said provision has been furnished.
BUSINESS RISK MANAGEMENT:
Since the Company does not have any significant business activities, hence the Business Risk is at the Minimal Level.
Hence, no major risk factors are envisaged except for: a. Government Policies b. Human Resource Risk
VIGIL MECHANISM/ WHISTLE BLOWER POLICY:
The Company encourages an open and transparent system of working and dealing amongst its stakeholders and
accordingly, has framed a robust vigil mechanism in the form of Whistle Blower policy. This policy enables its
directors and employees of the Company or any other person who avails the mechanism framed under this policy to
report concerns about unethical or improper practices or alleged wrongful conduct, actual or suspected fraud etc.,
without any fear of discrimination or victimization of any kind. This policy protects such directors and employees
from unfair or prejudicial treatment by anyone within the Company. It also provides direct access to the chairman of
the Audit committee. Details of vigil mechanism/whistle blower policy are included in the Corporate Governance
Report, forming part of this Report. The policy is available on the website of the Company at
www.swordedgecommercialsltd.in.
In order to enhance the knowledge amongst the employees about the Whistle Blower policy, an awareness
programme was undertaken by the Company and an annual affirmation in this regard was obtained from the
employees.
During the financial year 2023-24, no complaints under this mechanism have been reported.
ACKNOWLEDGEMENT:
Your Directors would like to express their sincere appreciation for the assistance and co-operation received from the
Banks, Government Authorities, Customers, and Shareholders during the year. Your directors also wish to take on
record their deep sense of appreciation for the committed services of the employees at all levels, which has made our
Company successful in the business.
For and on Behalf of the Board
For, SWORD-EDGE COMMERCIALS LIMITED
Place: Mumbai
Date: 30.08.2024
Karamjeet Kaur Sidhu
Managing Director
DIN:03325221
Mar 31, 2015
Dear Shareholders,
The Directors here by present the 30th Annual Report together with the
Audited statements of Accounts for the financial year ended on 31st
March 2015.
OPERATIONS REVIEW:
During the year under review due to financial crisis company has not
carried out any business activities and faces huge set back. So company
not in position to generate any revenue from the operation but due to
some fixed cost company posted Net Loss of Rs.229054/-.
BRIEF DESCRIPTION OF THE COMPANY'S WORKING DURING THE YEAR/STATE OF THE
COMPANY'S AFFAIR:
The Company does not have any significant business activity and not
carried out any business during the year under review.
DIVIDEND:
Considering the loss incurred in the current financial year and
accumulated losses, your Directors have not recommended any dividend
for the financial year under review.
TRANSFER TO RESERVES:
The Company has not transferred any amount to Reserves for the period
under review.
SHARE CAPITAL:
The issued, subscribed and paid up capital of the Company is Rs.
108600000/- divided into 18600000 equity shares of Rs 10/- each. There
has been no change in the share capital of the Company during the year.
SUBSIDIARIES, JOINT VENTURES OR ASSOCIATE COMPANIES:
The Company does not have any subsidiary, associate companies & joint
ventures.
FIXED DEPOSIT:
Your Company has not accepted any deposits within the meaning of
Section 73 of the Companies Act, 2013 and the Companies (Acceptance of
Deposits) Rules, 2014.
PARTICULARS OF LOANS, GUARANTEES OR INVESTMENTS:
The Company has not given any loans or guarantees covered under the
provisions of section 186 of the Companies Act, 2013.
RELATED PARTY TRANSACTIONS:
All related party transactions that were entered into during the
financial year were on arm's length basis and were in the ordinary
course of the business. There are no materially significant related
party transactions made by the company with Promoters, Key Managerial
Personnel or other designated persons which may have potential conflict
with interest of the company at large.
MATERIAL CHANGES AND COMMITMENTS IF ANY AFFECTING THE FINANCIAL
POSITION OF THE COMPANY:
No material changes and commitments affecting the financial position of
the company have occurred between the end of financial year to which
the financial statements relate and the date of the Directors' Report.
SIGNIFICANT ORDERS PASSED BY THE REGULATORS, COURTS OR TRIBUNALS
IMPACTING GOING CONCERN AND COMPANY'S OPERATIONS:
To the best of our knowledge, the company has not received any such
orders passed by the regulators, courts or tribunals during the year,
which may impact the going concern status or company's operations in
future.
DIRECTORS AND KEY MANAGERIAL PERSONNEL:
MR. VIPUL TRIVEDI was appointed as an Additional Director of the
Company on 20.08.2015 and hold office up to the date of this Annual
General Meeting be and hereby appointed as director of the Company and
whose office liable to retire by rotation. MR. NILESHKUMAR KAVA and MS.
DINABEN GANATRA were appointed on 20.08.2015 and 27.08.2015 as an
Additional Director of the Company and is hereby appointed as an
Independent Director of the Company to hold office for five consecutive
years for a term up to September 28, 2020.
Mr. SANTOSH GANGADHAR MOHITE, Mr. SAYAMAN ANTONY FERNANDES and Mr.
SARJERAO CHAVAN were resigned as a Director of the Company with effect
from 27.08.2015, 27.08.2015 and 20.08.2015 respectively.
Since the Company does not have any significant business activities,
hence the Volume and Scope of work for the Company Secretary and Chief
Financial Officer are less and it is not a full time work and the job
of Company Secretary and Chief Financial Officer are not attractive
commensurate with the scope of work and salary.
DECLARATION BY INDEPENDENT DIRECTORS:
The Company has received necessary declaration from each Independent
Director under Section 149 (7) of the Companies Act, 2013, that they
meet the criteria of independence laid down in Section 149(6) of the
Companies Act, 2013.
MEETINGS:
Minimum four pre-scheduled Board meetings are held annually. In case of
business exigencies or urgency of matters, resolutions are passed by
circulation. During the year Nine Board Meetings and four Audit
Committee Meetings were convened and held, the details of which are
given in the Corporate Governance Report. The intervening gap between
the Meetings was within the period prescribed under the Companies Act,
2013 and Listing Agreement.
AUDIT COMMITTEE:
The terms of reference of the Audit Committee are in consonance with
the provisions of Section 177 of the Companies Act, 2013 and details
thereof have been furnished in the Corporate Governance Report forming
a part of this Annual Report.
NOMINATION AND REMUNERATION COMMITTEE:
Nomination and Remuneration Committee has been constituted as per the
provisions of Section 178(1) of the Companies Act, 2013 and details
thereof have been furnished in the Corporate Governance Report forming
a part of this Annual Report.
STAKEHOLDERS' RELATIONSHIP COMMITTEE:
The Board of Directors of the Company has re-named Share Holders
Grievance/ Share Transfer Committee as 'Stakeholders Relationship
Committee' in order to align it with the provisions of Section 178 of
the Companies Act, 2013 and details thereof have been furnished in the
Corporate Governance Report forming a part of this Annual Report.
BOARD EVALUATION:
Pursuant to the provisions of the Schedule IV, clause VIII of the
Companies Act, 2013 the Board has carried out an evaluation of its own
performance, the directors individually as well as the evaluation of
the working of its Audit, Appointment & Remuneration Committees. The
performance evaluations of Independent Directors were also carried out
and the same was noted. Independent Directors in their meeting decided
to bring more transparency in their performance and bring more
responsibility while taking any policy decisions for the benefit of the
shareholders in general.
REMUNERATION OF THE DIRECTORS/ KEY MANAGERIAL PERSONNEL (KMP)/
EMPLOYEES:
No Directors/ Key Managerial Personnel are drawing any remuneration.
Hence, the information required pursuant to Section 197 read with Rule
5 (1) (i) of The Companies (Appointment and Remuneration) Rules, 2014
in respect of ratio of remuneration of each director to the median
remuneration of the employees of the Company for the Financial year is
not given.
AUDITORS AND AUDITORS' REPORT:
M/s. RISHI SEKHRI AND ASSOCIATES, Chartered Accountants, Mumbai (Firm
Reg. No. 128216W), in respect of whom the company has received a
Special Notice under section 140(4) of the Act, proposing their
appointment in the place of retiring auditors M/s. Y. D. & Co.,
Chartered Accountants, Ludhiana, (FRN 018846N) and hold office until
the conclusion of the ensuing Annual General Meeting and are eligible
for reappointment.
The observations made by the Auditors' in their Auditors' Report and
the Notes on Accounts referred to in the Auditors' Report are
self-explanatory and do not call for any further comments.
COST AUDITOR AND COST AUDIT REPORT:
Cost Audit is not applicable to your Company.
INTERNAL CONTROL SYSTEMS:
As there is no significant business activities hence there was no
systems set up for Internal Controls.
EXTRACT OF ANNUAL RETURN:
An extract of Annual Return as prescribed under Section 92(3) of the
Companies Act, 2013 ('the Act') and rule 12(1) of the Companies
(Management and Administration) Rules, 2014, in the prescribed Form No.
MGT 9 forming part of this report is annexed herewith
MANAGEMENT DISCUSSION AND ANALYSIS:
Management Discussion and Analysis forms part of the Annual Report to
the shareholders and it includes discussion on matters as required
under the provisions of Clause 49 of the listing agreement forming part
of this report is annexed herewith.
CORPORATE GOVERNANCE REPORT:
Your Company has complied with the requirements of Clause 49 of the
Listing Agreement on Corporate Governance. Pursuant to Clause 49 of
the Listing Agreement with the Stock Exchanges, Report on Corporate
Governance along with the Auditors' Certificate on its compliance is
annexed separately to this Annual Report.
CORPORATE SOCIAL RESPONSIBILITY INITIATIVES:
The Company has not developed and implemented any Corporate Social
Responsibility initiative under the provisions of Section 135 of the
Companies Act, 2013, read with Rule 9 of Companies (Corporate Social
Responsibility Policy) Rules, 2014, as the said provisions are not
applicable.
PARTICULARS OF EMPLOYEES:
In terms of the provisions of Section 197(12) of the Act read with
Rules 5(2) and 5(3) of the Companies (Appointment and Remuneration of
Managerial Personnel) Rules, 2014, is not required to be given as there
were no employees coming within the purview of this section.
TECHNOLOGY ABSORPTION AND FOREIGN EXCHANGE EARNINGS AND OUTGO:
The details of conservation of energy, technology absorption etc. as
required to be given under Section 134(3)(m) of the Companies Act, 2013
read with Rule, 8 of The Companies (Accounts) Rules, 2014, are not
applicable to Company, as our Company has not carried out in the
manufacturing activities. The foreign exchange earning on account of
the operation of the Company during the year was Rs. Nil.
DIRECTORS' RESPONSIBILITY STATEMENT:
The Directors' Responsibility Statement referred to in clause (c) of
Sub-section (3) of Section 134 of the Companies Act, 2013, shall state
that:
a) In the preparation of the annual accounts, the applicable accounting
standards have been followed along with proper explanation by way of
notes to accounts relating to material departures;
b) the Directors have selected such accounting policies and applied
them consistently and made judgments and estimates that were 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 profit or
loss of the Company for that period;
c) the Directors have taken proper and sufficient care for the
maintenance 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;
e) Directors have prepared the accounts on a "going concern basis".
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.
DISCLOSURE UNDER THE SEXUAL HARASSMENT OF WOMEN AT WORKPLACE
(PREVENTION, PROHIBITION AND REDRESSAL) ACT, 2013
Since there are no women employees in the Company hence no comments
DISCLOSURE UNDER SECTION 197(12) OF THE COMPANIES ACT, 2013 AND OTHER
DISCLOSURES AS PER RULE 5 OF COMPANIES (APPOINTMENT & REMUNERATION)
RULES, 2014:
Pursuant to Section 197(12) of the Companies Act, 2013 and Rule 5 of
Companies (Appointment & Remuneration) Rules, 2014, every Listed
Company mandates to disclose in the Board's Report the ratio of the
remuneration of each director to the permanent employee's remuneration.
However, since there is no permanent employee in the Company, no
disclosure under the said provision has been furnished.
BUSINESS RISK MANAGEMENT:
Since the Company does not have any significant business activities,
hence the Business Risk is at the Minimal Level. Hence, no major risk
factors are envisaged except for: a. Government Policies b. Human
Resource Risk
VIGIL MECHANISM
As the Company does not have any significant business activity, there
was no need to have a Vigil Mechanism Policy.
ACKNOWLEDGEMENT:
Your Directors would like to express their sincere appreciation for the
assistance and co-operation received from the Banks, Government
Authorities, Customers, and Shareholders during the year. Your
directors also wish to take on record their deep sense of appreciation
for the committed services of the employees at all levels, which has
made our Company successful in the business.
For and on Behalf of the Board
For, SWORD-EDGE COMMERCIALS LIMITED
PLACE: MUMBAI
DATE: 28.08.2015 Sd/-
(VIPUL TRIVEDI)
CHAIRMAN
Mar 31, 2014
Dear Members,
The Directors here by present the Twenty Ninth Annual Report on
business and operations of the Company together with the Audited
statements of Accounts for the financial year ended on 31st March 2014.
REVIEW OF OPERATIONS:
During the year under review due to sluggish market condition and
financial crisis company faces huge set back. So company unable to
generate any revenue from the operation the Company but due to some
fixed cost company suffer net loss of Rs. 173005 for the year ended
31st March, 2014.
The management has taken measures as part of its continuous
improvements to strengthen operations and viability.
DIVIDEND:
In view of present situation, your Directors have not declared any
dividend during the year under review.
FIXED DEPOSIT:
The Company has not accepted any deposit from the public pursuant to
the provisions of Section 58A of the Companies Act, 1956.
BOARD OF DIRECTORS:
Mr. Sayaman Antony Fernandes was appointed as an Additional Director of
the Company on 05.06.2014 be and hereby appointed as director of the
Company and whose office liable to retire by rotation. Mr. SARJERAO
CHAVAN and Mr. SANTOSH GANGADHAR MOHITE were appointed on 19.06.2014
and 05.06.2014 as an Additional Director of the Company and appointed
as an Independent Director of the Company for a period of five years
from the conclusion 29th AGM to the conclusion of 34th AGM. Mr. CHANDRA
MOHAN DEVDAS RAO and Mr. KAMALA CHANDRA MOHAN RAO were appointed as
Additional Director as on 23.04.2014 and resigned from the board as on
05.06.2014.
Mr. MAHENDRA GANATRA, Mr. NILESHKUMAR KAVA and Mr. MR. VIPUL TRIVEDI
were resigned as a Director of the Company with effect from 23.04.2014,
19.06.2014 and 01.07.2014.
AUDITORS AND AUDITORS'' REPORT:
M/s. Y. D. & Co., Chartered Accountants, Ludhiana, Statutory Auditors
of the Company, hold office until the conclusion of the ensuing Annual
General Meeting and are eligible for reappointment.
The observations made by the Auditors'' in their Auditors'' Report and
the Notes on Accounts referred to in the Auditors'' Report are
self-explanatory and do not call for any further comments.
MANAGEMENT DISCUSSION AND ANALYSIS:
Management Discussion and Analysis forms part of the Annual Report to
the shareholders and it includes discussion on matters as required
under the provisions of Clause 49 of the listing agreement forming part
of this report is annexed herewith.
CORPORATE GOVERNANCE REPORT:
A separate report on Corporate Governance along with Auditors''
Certificate on compliance with the Corporate Governance norms and
stipulated in Clause 49 of the Listing Agreement, forming part of this
report is annexed herewith.
CONSERVATION OF ENERGY, TECHNOLOGY ABSORPTION AND FOREIGN EXCHANGE
EARNINGS AND OUTGO:
The details of conservation of energy, technology absorption etc. as
required to be given under Section 217(1)(e) of the Companies Act 1956,
are not applicable to our Company, as our Company has not carried out
any manufacturing activities. The foreign exchange earning on account
of the operation of the Company during the year was Rs. Nil.
LISTING:
The Company Listed with BSE Limited, Mumbai
PARTICULARS OF EMPLOYEES:
The statement showing particulars of employees under section 217(2A) of
the Companies Act, 1956, read with the companies (Particulars of
Employees) Rules, 1975, as amended, is not required to be given as
there were no employees coming within the purview of this section.
DIRECTORS'' RESPONSIBILITY STATEMENT:
Pursuant to the provisions of Section 217(2AA) of the Companies Act,
1956, the Directors of your Company confirm that:
i) in the preparation of the annual accounts, the applicable accounting
standards have been followed along with proper explanation relating to
material departures;
ii) the Directors have selected such accounting policies and applied
them consistently and made judgments and estimates that were 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 profit or
loss of the Company for that period;
iii) 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 safeguarding the assets of
the company and for preventing and detecting fraud and other
irregularities;
iv) Directors have prepared the accounts on a "going concern basis".
ACKNOWLEDGEMENT:
Your Directors would like to express their sincere appreciation for the
assistance and co-operation received from the Banks, Government
Authorities, Customers, and Shareholders during the year. Your
directors also wish to take on record their deep sense of appreciation
for the committed services of the employees at all levels, which has
made our Company successful in the business.
For and on Behalf of the Board
For, SWORD-EDGE COMMERCIALS LIMITED
PLACE: MUMBAI
DATE: 28.08.2014
(SAYAMAN FERNANDES)
CHAIRMAN
Mar 31, 2013
Dear Shareholders,
The Directors here by present the Twenty Eight Annual Report on
business and operations of the Company together with the Audited
statements of Accounts for the financial year ended on 31st March 2013.
REVIEW OF OPERATIONS:
During the year under review due to sluggish market condition and
financial crisis company faces huge set back. So company unable to
generate targeted revenue from the operation the Company hence total
Income was stood at Rs. 58823/- against Rs. 714575/- in the previous
year and after providing depreciation and tax company incurred net loss
of Rs. 187062/- for the year ended 31st March, 2013.
DIVIDEND:
In view of present situation, your Directors have not declared any
dividend during the year under review.
FIXED DEPOSIT:
The Company has not accepted any deposit from the public pursuant to
the provisions of Section 58A of the Companies Act, 1956.
BOARD OF DIRECTORS:
Mr. Nileshkumar Tribhovandas Kava, Director of the Company is retires
by rotation at the ensuing Annual General Meeting and being eligible
offer himself for reappointment.
AUDITORS AND AUDITORS'' REPORT:
M/s. Y. D. & Co., Chartered Accountants, Ludhiana, Statutory Auditors
of the Company, hold office until the conclusion of the ensuing Annual
General Meeting and are eligible for reappointment. The observations
made by the Auditors'' in their Auditors'' Report and the Notes on
Accounts referred to in the Auditors'' Report are self-explanatory and
do not call for any further comments.
MANAGEMENT DISCUSSION AND ANALYSIS:
Management Discussion and Analysis forms part of the Annual Report to
the shareholders and it includes discussion on matters as required
under the provisions of Clause 49 of the listing agreement forming part
of this report is annexed herewith. The Audit Committee of the Company
has regularly reviewed internal Control System of the company.
CORPORATE GOVERNANCE REPORT:
Your Company has complied with the requirements of Clause 49 of the
Listing Agreement on Corporate Governance. Pursuant to Clause 49 of the
Listing Agreement with the Stock Exchanges, Report on Corporate
Governance along with the Auditors'' Certificate on its compliance is
annexed separately to this Annual Report.
CONSERVATION OF ENERGY, TECHNOLOGY ABSORPTION AND FOREIGN EXCHANGE
EARNINGS AND OUTGO:
The details of conservation of energy, technology absorption etc. as
required to be given under Section 217(1)(e) of the Companies Act 1956,
are not applicable to our Company, as our Company has not carried out
any manufacturing activities.
The foreign exchange earning on account of the operation of the Company
during the year was Rs. Nil.
PARTICULARS OF EMPLOYEES:
The statement showing particulars of employees under section 217(2A) of
the Companies Act, 1956, read with the companies (Particulars of
Employees) Rules, 1975, as amended, is not required to be given as
there were no employees coming within the purview of this section.
DIRECTORS'' RESPONSIBILITY STATEMENT:
Pursuant to the provisions of Section 217(2AA) of the Companies Act,
1956, the Directors of your Company confirm that:
i) in the preparation of the annual accounts, the applicable accounting
standards have been followed along with proper explanation relating to
material departures;
ii) the Directors have selected such accounting policies and applied
them consistently and made judgments and estimates that were 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 profit or
loss of the Company for that period;
iii) 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 safeguarding the assets of
the company and for preventing and detecting fraud and other
irregularities;
iv) Directors have prepared the accounts on a "going concern basis".
ACKNOWLEDGEMENT:
Your Directors would like to express their sincere appreciation for the
assistance and co-operation received from the Banks, Government
Authorities, Customers, and Shareholders during the year. Your
directors also wish to take on record their deep sense of appreciation
for the committed services of the employees at all levels, which has
made our Company successful in the business.
For and on Behalf of the Board
For, SWORD-EDGE COMMERCIALS LIMITED
PLACE: MUMBAI
DATE: 31.08.2013
(NILESHKUMAR KAVA)
CHAIRMAN
Mar 31, 2010
The directors have pleasure in presenting their Twenty-Forth Annual
Report and Audited Accounts for the year ended 31-3-2010
FINANCIAL RESULTS :
The working of the year ended 31st March 2010 shows a profit of Rs.
9,05,771/- after making provision for taxation, which is carried to
Balance sheet along with the profit of the earlier year Rs.
1,01,32,977/-
BOARD OF DIRECTORS :
Shri Jagdish S. Malani & Hasmukh S. Malani retires by rotation and being
eligible seeks reelection.
AUDITORS:
The Auditors retire from the office at this Annual General Meeting and
are eligible for reappointment.
OTHER INFORMATION :
The other information required u/s 217(2A)and 217 (1E) of the companies
act 1956 are not applicable as no employee was in receipt of
remuneration to the extent laid down therein.
DEMATERIALISATION OF SHARE HOLDING :
The Companies script form part of the compulsory demat segment for all
investors. The company has established connectivity with both the
depositories viz NSDL and CDSL through the register M/s Adroit
Corporate Services Pvt. Ltd. ISIN of the company is INE 093G01014.
DIRECTORS RESPONSIABLlTY STATEMENT :
Pursuant to an amendment to Section 217 of the Companies Act,1956 your
Directors give here under responsibility Statements pertaining to the
accounts of the Company.
1. In the preparation of the Annual accounts, the applicable
accounting standards have been followed along with proper explanation /
statement relating to material departures.
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 the
affairs of the Company as on 31st March. 2010 and of the Profits Loss
Account of the Company for the year ended on that date.
3. The Directors have taken proper and sufficient care for the
maintenance of adequate accounting records in accordance with the
provision of the Companies Act, 1956 for safeguarding the assets of the
Company and for preventing and detecting fraud and other irregularities
4. These accounts have been prepared on a going concern basis.
By order of the Board
CHANDRAKANT S. MALANI
JAGDISH S. MALANI
HASMUKH S. MALANI
MUKESH N. MALANI
Directors
Place: Mumbai.
Dated: The 28 th day of May 2010
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Sword-Edge Commercials Ltd. ಹೆಚ್ಚಿನ ಮಾಹಿತಿ
-
Sword-Edge Commercials Ltd. ಟೂಲ್ಸ್
- ಬಲ್ಕ್ ಡೀಲ್ಸ್
-
Sword-Edge Commercials Ltd. ಕಂಪನಿಯ ವಿವರಗಳು
- ಕಂಪನಿ ಪ್ರೋಫೈಲ್
- ಕಂಪನಿ ಇತಿಹಾಸ
- ಆಡಳಿತ ಮಂಡಳಿ
- ಬಂಡವಾಳದ ಬಗೆ
- ಉತ್ಪನ್ನ
- ಬ್ಯಾಂಕರ್ಸ್/ಅಡಿಟರ್ಸ್/ರೆಜಿಸ್ಟರ್ಸ್
-
ಕಂಪನಿ ಇತಿಹಾಸ
- ಬೋನಸ್
- ಬಿಎಸ್ಇ ಧಾರಣೆ ಇತಿಹಾಸ
-
Sword-Edge Commercials Ltd. ಹಣಕಾಸು ಅನುಪಾತದ ಲೆಕ್ಕ
- ಅನುಪಾತ
-
Sword-Edge Commercials Ltd. ಫಲಿತಾಂಶ
- ತ್ರೈಮಾಸಿಕ ಫಲಿತಾಂಶ
- ಅರ್ಧವಾರ್ಷಿಕ ಫಲಿತಾಂಶ
- ಒಂಭತ್ತು ತಿಂಗಳ ಫಲಿತಾಂಶ
- ವಾರ್ಷಿಕ ವರದಿ
-
Sword-Edge Commercials Ltd. ಹಣಕಾಸು ಡಾಟಾ
- ಅಡಿಟ್ ಫಲಿತಾಂಶ
- ಹಣದ ಹರಿವು
- ಬ್ಯಾಲೆನ್ಸ್ ಶೀಟ್
-
Sword-Edge Commercials Ltd. ವರದಿಗಳು
- ಅಕೌಂಟಿಂಗ್ ಪಾಲಿಸಿ
- ಅಡಿಟರ್ಸ್ ವರದಿ
- ನಿರ್ದೇಶಕರ ವರದಿ
- ಖಾತೆಗೆ ಮುಖ್ಯ ವಿಚಾರ
-
Sword-Edge Commercials Ltd. ಕಾರ್ಪೋರೇಟ್ ವರದಿಗಳು
- ಬುಕ್ ಕ್ಲೋಸರ್
- ಬೋರ್ಡ್ ಮೀಟಿಂಗ್
- ಹೆಸರು ಬದಲಾವಣೆ
-
ಫೆಡ್ ನಿರ್ಧಾರದ ಬಿಸಿ: ಇಂದಿನ ವಾರದ ಎಕ್ಸ್ಪೈರಿಯಲ್ಲಿ ಷೇರು ಮಾರುಕಟ್ಟೆ ಏರಿಳಿತದ ಭೀತಿ! -
ನಿಫ್ಟಿ ಕುಸಿತ: ಮಾರುಕಟ್ಟೆಯ ಈ ಅಸ್ಥಿರತೆಯಲ್ಲೂ ಲಾಭ ಗಳಿಸಲು ಇಲ್ಲಿವೆ ಬೆಸ್ಟ್ ಇನ್ವೆಸ್ಟ್ಮೆಂಟ್ ಟಿಪ್ಸ್ -
ಬ್ಯಾಂಕ್ ನಿಫ್ಟಿ ಎಕ್ಸ್ಪೈರಿ: ಇಂದಿನ ಮಾರುಕಟ್ಟೆಯಲ್ಲಿ ಭಾರಿ ಏರಿಳಿತದ ಸುಳಿವು, ಹೂಡಿಕೆದಾರರು ಎಚ್ಚರ ವಹಿಸಬೇಕಾದ್ದು ಏಕೆ? -
ಮಾರುಕಟ್ಟೆಯಲ್ಲಿ ಇಂದು ಭಾರಿ ಸಂಚಲನ: ನಿಫ್ಟಿ ಮತ್ತು ಈ ವಲಯಗಳ ಮೇಲೆ ಹೂಡಿಕೆದಾರರ ಕಣ್ಣು! -
ಬೆಳ್ಳಿ ಆಮದು ನಿಯಮದಲ್ಲಿ ದಿಢೀರ್ ಬದಲಾವಣೆ: ಇಂದಿನ ಮಾರುಕಟ್ಟೆಯಲ್ಲಿ ಈ ಷೇರುಗಳ ಮೇಲೆ ಕಣ್ಣಿಡಲೇಬೇಕು! -
ಸೋಮವಾರದ ಮಾರುಕಟ್ಟೆ: ನಿಫ್ಟಿ ಮೇಲೆ Q4 ಫಲಿತಾಂಶಗಳ ಅಬ್ಬರ, ಹೂಡಿಕೆದಾರರು ಎಚ್ಚರ ವಹಿಸಬೇಕಾದ ಸಮಯ! -
ತೈಲ ಬೆಲೆ ಏರಿಕೆ ಬಿಸಿ: ಇಂದಿನ ಷೇರು ಮಾರುಕಟ್ಟೆಯಲ್ಲಿ ಹೂಡಿಕೆದಾರರಿಗೆ ಕಾದಿದೆ ಅಗ್ನಿಪರೀಕ್ಷೆ! -
ಮಾರುಕಟ್ಟೆಯಲ್ಲಿ ಇಂದೇ 'ರೋಲರ್-ಕೋಸ್ಟರ್' ರೈಡ್: ಸಿಪಿಐ ದತ್ತಾಂಶದ ಮುನ್ನ ಹೂಡಿಕೆದಾರರು ಎಚ್ಚರ ವಹಿಸಬೇಕೇಕೆ? -
ಮಾರುಕಟ್ಟೆಯಲ್ಲಿ ಏರಿಳಿತದ ಆತಂಕ: ಇಂದಿನ ವಹಿವಾಟಿನಲ್ಲಿ ಹೂಡಿಕೆದಾರರು ಎಚ್ಚರ ವಹಿಸಬೇಕಾದ ಪ್ರಮುಖ ಅಂಶಗಳಿವು! -
ಷೇರು ಮಾರುಕಟ್ಟೆಯಲ್ಲಿ ಇಂದು ಅನಿಶ್ಚಿತತೆ: ತೈಲ ಬೆಲೆ ಏರಿಕೆಯ ಬಿಸಿ ಯಾರಿಗೆ ತಟ್ಟಲಿದೆ? -
ಷೇರು ಮಾರುಕಟ್ಟೆಯಲ್ಲಿ ಭರ್ಜರಿ ಆರಂಭದ ನಿರೀಕ್ಷೆ: ಹೂಡಿಕೆದಾರರ ಪಾಲಿಗೆ ಇಂದು ಅದೃಷ್ಟದ ದಿನವೇ? -
ಇಂದಿನ ಷೇರು ಮಾರುಕಟ್ಟೆ: ಎಕ್ಸ್ಪೈರಿ ದಿನದಂದು ನಿಮ್ಮ ಹಣಕ್ಕೆ ಕಾದಿದೆ ದೊಡ್ಡ ತಿರುವು! -
ರಿಲಯನ್ಸ್ ಫಲಿತಾಂಶದ ಹೊಸ್ತಿಲಲ್ಲಿ ನಿಫ್ಟಿ: ಇಂದಿನ ಮಾರುಕಟ್ಟೆ ಏರಿಳಿತಕ್ಕೆ ನೀವೇ ಸಿದ್ಧರಿದ್ದೀರಾ? -
ಷೇರು ಮಾರುಕಟ್ಟೆ ರಜೆ ಮುಗಿದು ಬುಧವಾರವೇ ಭರ್ಜರಿ ಏರಿಳಿತ? -
Stock Market Crash: ವಾರಾಂತ್ಯದಲ್ಲೂ ಷೇರು ಮಾರುಕಟ್ಟೆ ಕುಸಿತ; ಹೂಡಿಕೆದಾರರ ನಿದ್ದೆಗೆಡಿಸಿದ ಮಧ್ಯಪ್ರಾಚ್ಯದ ಯುದ್ಧ -
Stock Market Crash: ಮತ್ತೆ ಷೇರು ಮಾರುಕಟ್ಟೆಯಲ್ಲಿ ತಲ್ಲಣ; ಸೆನ್ಸೆಕ್ಸ್ 1000 ಪಾಯಿಂಟ್ಸ್ ಕುಸಿತ
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Block for 8 hours
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Block for 12 hours
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