DU DIgital Global Ltd Management Discussions

OVERVIEW

For H1 FY22 our business operations started bit by bit after 2^nd wave of COVID in month of April and May. For H1 Migrate World had contributed most to the Revenue services. For H1 FY22 we have been processing approximately 100 Visa applications per day. There has been uptick in the overseas travel demand for which will help us in H2 FY 22.

FINANCIAL PERFORMANCE & REVIEW

The Company made a profit of Rs. 26.89/- lakhs on consolidated basis during current financial year as against profit of Rs. 52.24/- during the previous year.

SAGMENT WISE PERFORMANCE

As there is no particular operational activity segment wise performance is not applicable.

RISK MANAGEMENT:

To manage risk of an COVID-19 outbreak within the company?s premises impacting employee safety & well-being constant communication on building employee awareness, limited working from campus, proper sanitization, appropriate social distancing are already in place.

BUSINESS OUTLOOK

The markets your Company is concerned with are undergoing a massive disruption due to the outbreak of COVID-19. The situation caused by the COVID-19 pandemic continues to evolve and the effects on such markets remain uncertain.

The outlook going forward will depend, in addition to other factors, on how COVID-19 continues to affect the economy.

Decisions made by local governments or public health bodies owing to the COVID-19 pandemic, posing restrictions on physical movement of employees thereby impacting business continuity.

Our team including legal, office administration, IT enablement & IT security teams. are reviewing the situation closely and providing adequate information on the appropriate measures to be taken to remain compliant

INTERNAL CONTROLS

There were no changes to our internal control over financial reporting that have materially affected or are reasonably likely to materially affect our internal control over financial reporting during the period covered in this Annual Report

SUBSIDIARIES

Following are Companies Subsidiaries:

2. Window Malay Visa Private Limited

3. OSC Global Processing Private Limited

4. Dudigital BD Private Limited

5. Du Digital Global LLC

After End of financial Year a wholly owned subsidiary incorporated in the name of Dudigital Worldwide Private Limited