Pace E-Commerce Ventures Ltd Directors Report

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Pace E-Commerce Ventures Ltd Share Price directors Report

TO,

THE MEMBERS,

PACE E-COMMERCE VENTURES LIMITED,

(FORMERLY KNOWN AS PACE E-COMMERCE VENTURES PRIVATE LIMITED), (PREVIOUSLY KNOWN AS PACE SPORTS AND ENTERTAINMENT PRIVATE LIMITED),

ANUGRAH BUNGLOW, STREET4, PALLOD FARMS II, SHAMBHU VIHAR SOCIETY, NANKUDE VASTI, AUNDH,

PUNE, MAHARASHTRA- 411045, INDIA.

Your Directors having pleasure in presenting the 8th Audited Financial Statement for the year ended at March 31, 2023 and profit & loss account for the same along with Auditors report and Directors Report.

(1) THE WEB ADDRESS, IF ANY, WHERE ANNUAL RETURN REFERRED TO IN SUB-SECTION (3) OF SECTION 92 HAS BEEN PLACED:

The Company is having its website in the name of www.cotandcandy.com, and it will publish its annual return pursuant to the amendments to Section

134(3)(a) and Section 92(3) of the Act read with Rule 12 of the Companies (Management and Administration) Rules, 2014 to it website.

(2) STATE OF COMPANYS AFFAIRS:

During the year under review:

•• The Company has earned Total revenue of 2,840.34/- Lacs in the financial year 2022-23.

• Company incurred total Expense of 2,764.30/- Lacs during the financial year ended as March 31, 2023.

• There has been no change in the business financial endedof the Company during the March 31, 2023.

• Your Directors are continuously looking for Revenues for future growth of the Company and will make efforts for the improved results.

(3) TRANSFER TO RESERVES:

The Accounting Standards permit that the amounts in the Profit after tax stands are included in the Reserve & Surplus Schedule. The Company has shown the amount of Securities Premium of 4,799.34/- Lacs under reserves and surplus.

(4) DIVIDEND:

The Board of Directors of your Company have not recommended any dividend for the Financial year ended on March 31, 2023 as profit of the Company used for the growth of the Company.

(5) TRANSFER OF UNCLAMIED DIVIDEND TO INVESTOR EDUCATION AND PPROTECTION FUND:

Since, there were no unpaid/unclaimed dividend, the provisions of Section 125 of the Companies Act, 2015 do not apply.

(6) DETAILS OF DIRECTORS OR KEY MANAGERIAL PERSONNEL WHO WERE APPOINTED OR HAVE RESIGNED DURING THE YEAR:

The board of Directors is duly constituted with below mentioned Directors during the year:

Sr. No. Name of Director/KMPs

Designation

1 SHAIVAL DHARMENDRA GANDHI Managing Director
2 ANGEE RAJENDRAKUMAR SHAH# Director
3 HIRAL RASIKBHAI VAGHASIYA* Independent Director
4 HARSHAL CHANDRAKANT GALA* Non-Executive Director
5 MIHIRKUMAR ATULBHAI SOJITRA** Independent Director
6 SHAIVAL DHARMENDRA GANDHI## Chief Financial Officer
7 NIKITA PEDIWAL Company Secretary

* Ms. Hiral Rasikbhai Vaghasiya appointed as Independent Director and Mr. Harshal Chandrakant Gala appointed as Non-Executive Director on June 25, 2022 respectively.

*The category of Mr. Harshal Chandrakant Gala has been changed from Promoter to Professional on August 20, 2022.

# Ms. Angee Rajendrakumar Shah has been resigned on August 08, 2022.

## Mr. Shaival Dharmendra Gandhi appointed as Chief Financial Officer on August 09, 2022.

** Mr. Mihirkumar Atulbhai Sojitra appointed as Independent Director on August 19, 2022.

Pursuant to Section 149(7) of the Companies Act, 2013, the Company has received necessary declaration from each Independent Director confirmingthat they meet the criteria of independence as prescribed under Section 149(6) of the Act and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

(7) NUMBER OF MEETINGS OF THE BOARD:

The Company has convened 18 Board Meetings during the financial year 2022-23 of which proper notices were given and the proceedings were properly recorded and signed in the Minutes Book as required by the Articles of Association of the Company and the Act.

Board Meetings held during the year:

Date on which the Board Meeting held

Total Strength of the Board No of Directors present
13/05/2022 2 2
19/05/2022 2 2
06/06/2022 2 2
23/06/2022 2 2
25/06/2022 4 3
29/06/2022 4 3
08/07/2022 4 4
26/07/2022 4 3
09/08/2022 4 3
20/08/2022 4 3
08/09/2022 4 2
09/09/2022 4 3
22/09/2022 4 2
26/09/2022 4 3
18/10/2022 4 2
14/11/2022 4 2
21/01/2023 4 2
02/03/2023 4 3

Attendance of Directors at Board Meetings and Annual General Meeting:

Name of Director

Category of Director

Attendance
Board Last AGM
SHAIVAL DHARMENDRA GANDHI Managing Director 18 YES
ANGEE RAJENDRAKUMAR SHAH Director 9 No
HIRAL RASIKBHAI VAGHASIYA Independent Director 3 YES
HARSHAL CHANDRAKANT GALA Non-Executive Director 12 YES
MIHIRKUMAR ATULBHAI SOJITRA Independent Director 4 YES

Ms. Angee Rajendrakumar Shah has been resigned on August 08, 2022.

(8) DIRECTORS RESPONSIBILITY STATEMENT:

Pursuant to Section 134(5) of the Companies Act, 2013 the Board of Directors of the Company confirms that-

1. In preparation of the Annual Accounts for the financial year ended March 31, 2023, the applicable Accounting Standards have been followed along with proper explanation to material departures;

2. The Directors 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 the financial year and of the loss of the Company, for that period.

3. The Directors have 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.

4. The Directors have prepared the Annual Accounts on a going concern basis.

5. Board of Directors are also responsible for overseeing Companys financial reporting process.

6. The Directors have devised proper system to ensure compliance with the provisions of all the applicable laws and that such system were adequate and operating effectively.

7. Company has complained with all the secretarial Standards applicable to it.

(9) BOARD EVALUTION:

Pursuant to the provisions of the Companies Act, 2013 and SEBI (LODR) Regulation, 2015 The Board evaluated the effectiveness of its functioning and that of the Committees and of individual Directors by seeking their inputs on various aspects of Board/Committee. The evaluation covered functioning and composition of the Board and its committees, understanding of the roles and responsibilities, experience, competencies, participation at the Board and Committee meetings, corporate governance practices etc.

Evaluation of the Board and its compositions was carried out through a defined process covering the areas of the Boards functioning viz. composition of the Board and Committees, understanding of roles and responsibilities, experience and competencies, contribution at the meetings etc.

(10) DETAILS IN RESPECT OF FRAUD REPORTED BY AUDITOR:

The Auditor of the Company has not reported any Frauds under Section 143(12) i.e. frauds those reportable to the Central Government with respect to the Books of Accounts and Vouchers of the Company in his Audit Report or Audit Committee.

(11) A STATEMENT ON DECLARATION GIVEN BY INDEPENDENT DIRECTORS UNDER SUB-SECTION (6) OF SECTION 149:

Pursuant to Section 149(7) of the Companies Act, 2013 read with the Companies (Appointment and Qualifications of Directors) Rules, 2014, the Company has received declarations from all the Independent Directors of the Company confirming that they meet the ‘criteria of Independence as prescribed under Section 149(6) of the Companies Act, 2013 and have submitted their respective declarations as required under Section 149(7) of the Companies Act, 2013 and the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

(12) PARTICULARS OF LOANS, GUARANTEES OR INVESTMENTS UNDER SECTION 186:

Pursuant to Section 186 of the Companies Act, 2013 and the listing regulations relating to Loans, Guarantees and Investments are provided as part of the Financial Statements in Note No. 10, 11, 15 and 31.

(13) PARTICULARS OF CONTRACTS OR

ARRANGEMENTS WITH RELATED PARTIES

REFERRED TO IN SUB-SECTION (1) OF SECTION 188:

During the financial year, Company has engaged in the transactions which define as related party transaction pursuant to clause (h) of sub-section (3) of Section 134 of companies Act, 2013 and Rule 8(2) of the Companies (Accounts) Rules, 2014 and is mentioned in Form AOC-2, attached herewith. However, 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.

(14) MATERIAL CHANGES BETWEEN THE END

OF THE FINANCIAL YEAR TO WHICH THESE FINANCIAL STATEMENTS RELATE AND THE

DATE OF THE REPORT:

There are no material changes and commitments affecting the financial between the end of the financial year to which the financial statements related and the date of this report.

(15) CONSERVATION OF ENERGY, TECHNOLOGY

ABSORPTION AND FOREIGN EXCHANGE

EARNINGS AND OUTGO:

A. Conservation of Energy

(i) The steps taken or impact on conservation of energy - NA;

(ii) The steps taken by the Company for utilising alternate sources of energy - NA;

(iii) The capital investment on energy conservation equipments - NA; Companies operations are not energy intensive and as such involve low energy consumption. However, adequate measures have been taken to conserve energy.

B. Technology Absorption

(i) the efforts made towards technology absorption -

NA;

(ii) the benefits derived like product improvement, cost reduction, product development or import substitution - NA;

(iii) in case of imported technology (imported during the last three years reckoned from the beginning of the financial

a) the details of technology imported - NA;

b) the year of import - NA;

c) whether the technology been fully absorbed -

NA; d) if not fully absorbed, areas where absorption has not taken place, and the reasons thereof - NA;

(iv) The expenditure incurred on Research and Development- NA.

Operations of the Company do not involve any kind of Special technology and there was no expenditure on research and development during this financial year. However your Company continues to upgrade its technology (Computer Technology and Telecom infrastructure) in ensuring it is connected with its clients across the globe.

(16) RISK MANAGEMENT POLICY:

The board of Directors has taken steps to ensure the risk factor of the business and also considered best possible way to dealt into, if any.

(17) CORPORATE SOCIAL RESPONSIBILITY:

The Company is not required to constitute a Corporate Social Responsibility Committee as it does not fall within the purview of Section 135(1) of the Companies Act, 2013 and hence it is not required to formulate policy on corporate social responsibility.

Additional Other Matters

(1) FOREIGN EXCHANGE EARNINGS AND OUTGO: (The Foreign Exchange earned in terms of actual inflows during the year and the Foreign Exchange outgo during the year in terms of actual outflows.)

(2) THE FINANCIAL SUMMARY OR HIGHLIGHTS:

Financial result of PACE E-COMMERCE VENTURES LIMITED (FORMERLY KNOWN AS PACE E-COMMERCE VENTURES PRIVATE LIMITED) (PREVIOUSLY KNOWN AS PACE SPORTS AND ENTERTAINMENT PRIVATE LIMITED) for year ended as on March 31, 2023 is given below:

(Rs in Lacs except EPS)

Particulars

Year ended March 31, 2023 Year ended March 31, 2022
Total revenue from operations 2,837.16 1,049.58
Other Income 3.18 4.57

Total revenue

2,840.34 1,054.15
LESS: Total Expenses except interest and depreciation 2,720.87 961.64

Profit/(Loss) Before Interest and Depreciation

119.47 92.51
(-)Interest 41.37 17.28
(-)Depreciation 2.06 1.76

Net Profit/(Loss) before exceptional items

76.04 73.47
(+)Exceptional Items -- --

Net Profit Before prior period item & Tax

76.04 73.47
(+)Prior Period Items -- --
(-)Tax expense 13.79 19.35

Net Profit/(Loss) for the year After Tax

62.25 54.12
Total Comprehensive Income for period -- --
Earnings Per Share
-Basic 0.30 0.30
-Diluted 0.30 0.30

(3) THE NAMES OF COMPANIES WHICH HAVE BECOME OR CEASED TO BE ITS SUBSIDIARIES, JOINT VENTURES OR ASSOCIATE COMPANIES DURING THE YEAR:

The Company does not have any Subsidiary, Joint Venture or Associate Company and is mentioned in Form AOC-1, attached herewith.

(4) THE DETAILS RELATING TO DEPOSITS, COVERED UNDER CHAPTER V OF THE ACT:

There were no deposits invited/accepted by the Company during the financial year.

(5) DETAILS OR SIGNIFICANT AND MATERIAL ORDERS PASSED BY THE REGULATORS OR COURTS OR TRIBUNAL:

There has been no significant or material order passed by any regulatory authority impacting the status and Companys operations during the financial year.

(6) INTERNAL FINANCIAL CONTROL:

The Company has in place adequate internal financial controls with reference to financial statements. The Companys internal control system is commensurate with its size, scale and complexities of its operations. During the year, such controls were tested and no reportable material weaknesses in the design or operation were observed.

(7) A STATEMENT THAT THE COMPANY HAS COMPLIED WITH PROVISIONS RELATING TO THE CONSTITUTION OF INTERNAL COMPLAINTS COMMITTEE UNDER THE SEXUAL HARASSMENT OF WOMEN AT WORKPLACE (PREVENTION, PROHIBITION AND REDRESSAL) ACT, 2013:

The Company has complied with provisions relating to the constitution of internal complaints committee under the sexual harassment of women at workplace (prevention, prohibition and redressal) act, 2013.

(8) THE DETAILS OF APPLICATION MADE OR ANY PROCEEDING PENDING UNDER THE INSOLVENCY AND BANKRUPTCY CODE, 2016 (31 OF 2016) DURING THE YEAR ALONGWITH THEIR STATUS AS AT THE END OF THE FINANCIAL YEAR:

During the year no proceeding pending against the Company under the Insolvency and Bankruptcy Code, 2016.

(9) THE DETAILS OF DIFFERENCE BETWEEN AMOUNT OF THE VALUATION DONE AT THE TIME OF ONE TIME SETTLEMENT AND THE VALUATION DONE WHILE TAKING LOAN FROM THE BANKS OR FINANCIAL INSTITUTIONS ALONG WITH THE REASONS THEREOF:

There is no difference between the amount of the valuation done at the time of one time settlement and the valuation done while taking loan from the banks or

(10) INITIAL PUBLIC OFFER AND LISTING OF EQUITY SHARES:

The Board of Directors had, in its meeting held on August 09, 2022, proposed the Initial Public Offer not exceeding 70,00,000 equity shares at such price as may be decided by the Board of Directors in consultation with the Merchant Banker. The Members of the Company had also approved the proposal of the Board of Directors in their Annual General Meeting held on August 19, 2022. Pursuant to the authority granted by the Members of the Company, the Board of Directors appointed Interactive Financial Services Limited as Lead Manager and Bigshare Services Private Limited as Registrar to the Issue and Share Transfer Agent for the proposed Public Issue. The Company applied to BSE Limited for in-principle approval for listing its equity shares on the SME Platform of the BSE. BSE Limited has, vide its letter dated, September 21, 2022, granted its In Principle Approval to the Company and it was listed on BSE SME platform on October 20, 2022

(11) CONVERSION OF COMPANY FROM PRIVATE TO PUBLIC COMPANY:

The Company has converted from Pace E-Commerce Ventures Private Limited to Pace E-Commerce Ventures Limited vide certificate of Incorporation dated August 08, 2022.

(12) SHARE CAPITAL:

During the year under review the authorized capital of the Company has been increased from 19,00,00,000/- (Rupees Nineteen Crores only) to 24,00,00,000/- (Rupees Twenty Five Crores only). The Paid up Share capital of the Company has been increased from Rs 18,31,89,700/- (Rupees Eighteen Crores Thirty One Lacs Eighty Nine Thousand and Seven Hundred only) to 22,53,35,100/- (Rupees Twenty Two Crores Fifty Three Lacs Thirty Five Thousand and One Hundred only).

(13) AUDITORS AND THEIR REPORT:

-Statutory Auditors

M/s. BHARAT PARIKH & ASSOCIATES (FRN: 101241W), is appointed in casual vacancy in the Extra-ordinary General Meeting held on September 28, 2022 as the Statutory Auditor of the Company and will be appointed in the ensuing AGM of the Company who will hold the Auditor has been taken office for such appointment. With reference to the remarks and observation of the Statutory Auditor, the following explanations have been submitted by the board of Directors of the Company.

Qualification of Statutory Auditor:

(i) In the audit of the current period, money raised by public offer of equity shares by the Company during the year were prima facie, applied by the Company for the proposes for which the money were raised, other than temporary deployment pending allocations of fund is parked which does not comply with the SEBI ICDR Regulation.

(ii) The aforesaid Standalone Financial Statements comply with the AS specified under Section 133 of the Act, read with rule 7 of the companies (Accounts) rules, 2014, except accounting standards on employees retirement benefits as detailed in Note 2 (J) of financials.

Management Reply:

(i) This is only a temporary deployment of funds which the Company will clear in this Financial Year.

(ii) The Company will comply with the accounting standard on employees retirement benefits in near future to ensure the compliance with the accounting standards.

-Cost Auditors

The Company has not appointed the Cost Auditor as pursuant to Section 148 of the Companies Act, 2013 read with the Companies (Cost Records and Audit)

Amendment Rules, 2014, the cost audit is not applicable to the Company.

-Secretarial Auditor

Pursuant to the provisions of Section 204 of the

Companies Act, 2013 and the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014, the Board of Directors of the Company has appointed Mr. Dipesh Anupkumar Mistry, Practising Company Secretary to undertake the Secretarial Audit of the Company for the Financial Year 2022-23.

The Report of Secretarial Auditor is enclosed to this report as “Annexure-A”. With the reference to the remarks and observation of Secretarial Auditor, the following explanations have been submitted by Board of Directors.

Qualification of Secretarial Auditor:

In the audit of the current period, money raised by public offer of equity shares by the Company during the year were prima facie, applied by the Company for the proposes for which the money were raised, other than temporary deployment pending allocations of fund is parked which does not comply with the SEBI ICDR Regulation.

Management Reply:

This is only a temporary deployment of funds which the Company will clear in this Financial Year.

-Internal Auditor

Pursuant to the provision of Section 138 of the Companies Act, 2013 has mandated the appointment of Internal Auditor in the Company. Accordingly, the Board had appointed M/s Ashish Parikh & Associates, Chartered Accountants, as the Internal Auditors of the

Company for the

Report was self explanatory and need no comments.

(14) PARTICULARS OF EMPLOYEES:

• Presently the Company has no employee whose details are required to be furnished under a statement giving particulars of employee under Section 134 of the Companies Act, 2013 and the rules framed there under or under The Sexual Harassment of Women at the workplace (Prevention, Prohibition & Redressal) Act, 2013.

• None of the employees has received remuneration exceeding the limit as stated in Rule 5(2) of the Companies (Appointment and Remuneration of managerial personnel) Rule, 2014.

• The Company does not have any employees with exercisable voting rights as per provisions stated under Proviso of Section 67(3) read with rule 16(4) share capital and debenture rules, 2014.

(15) FAMILIARISATION PROGRAMME:

The Company has put on induction and familiarisation Programme for all its Directors including Independent Directors.

(16) INDEPENDENT DIRECTOR MEETING:

In due compliance with the provisions of the Companies Act, 2013 read with the rules made there under a separate meeting of Independent Directors, performance of Non-Independent Directors, performance of the board as a whole was evaluated, taking into account the views of Directors and Non-Executive Directors. The same was discussed in the board meeting that followed the meeting of the Independent Directors, at which the performance of the Board, its committees and individual Directors was discussed.

One (1) meeting of Independent Directors was held on March 02, 2023 during the year 2022-23.

(17) COMPLIANCE WITH SECRETARIAL STANDARDS ON BOARD AND ANNUAL

GENERAL MEETINGS:

The Company has complied with Secretarial Standards issued by the Institute of Company Secretaries of India on Board meetings and Annual General Meetings.

Audit Committee/Nomination and Remuneration Committee/Stakeholders Relationship Committee

-Audit Committee

Constitution and Composition of Audit Committee:

Pursuant to the provisions of Section 177(8) of the Companies Act, 2013, the Board hereby disclose the composition of the Audit Committee and details of the meetings attended by the members of the Audit Committee are given below:

Name

Designation

Status in Committee

No of Meetings held during the year
Held Attended
MIHIR SOJITRA INDEPENDENT DIRECTOR CHAIRMAN 3 3
HARSHAL GALA NON-EXECUTIVE DIRECTOR MEMBER 3 3
HIRAL VAGHASIYA INDEPENDENT DIRECTOR MEMBER 3 3

-Stakeholder Relationship Committee:

Constitution and Composition of Stakeholder Relationship Committee

The Company has constituted the “Stakeholders Relationship Committee” and details of Meetings attended by the Directors are given below:

Name

Designation

Status in Committee

No of Meetings held during the year
Held Attended
HARSHAL GALA NON-EXECUTIVE DIRECTOR Chairman 1 1
MIHIR SOJITRA INDEPENDENT DIRECTOR Member 1 1
SHAIVAL GANDHI MANAGING DIRECTOR Member 1 1

-Nomination and Remuneration Committee:

Constitution and Composition of Remuneration Committee

The Company has constituted the Remuneration Committee as per the provisions of the Section 178 of the Companies Act, 2013 with the following members: The Composition and details of Meetings attended by the Directors are given below:

Name

Designation

Status in

No of Meetings held during the year

Committee

Held Attended
MIHIR SOJITRA INDEPENDENT DIRECTOR Chairman 1 1
HIRAL VAGHASIYA INDEPENDENT DIRECTOR Member 1 1
HARSHAL GALA NON-EXECUTIVE DIRECTOR Member 1 1

The Policy of nomination and Remuneration committee has been place on the website of the Company at www.cotandcandy.com and the salient features of the same has been disclosed under “Annexure-B”

(18) VIGIL MECHANISM/WHISTLE BLOWER POLICY:

The Company has established Vigil Mechanism system and framed Whistle Blower Policy. Whistle Blower

Policy is disclosed on the website of the Company at www.cotandcandy.com.

(19) PARTICULARS OF EMPLOYEES & MANAGERIAL REMUNERATION:

Details Pertaining to Remuneration as Required under

Section 197(12) Of the Companies Act, 2013 Read with Rule 5(1), 5(2) & (3) of the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014 is attached as “Annexure-C”.

(20) MANAGEMENT DISCUSSION AND ANALYSIS REPORT:

Management Discussion and analysis Report as Required under Regulation 34 and Schedule V of SEBI (Listing obligations and Disclosure Requirements) Regulations,2015 forms an integral part of this Report, and provides the companies current working and future outlook, this report can be found of page 20 of this report.

(21) DEMATERIALISATION OF SHARES:

The Company has connectivity with NSDL & CDSL for dematerialization of its equity shares. The ISIN: INE0N1L01018 has been allotted for the Company. Therefore, the matter and/or investors may keep their shareholding in the electronic mode with their Depository Participates.

(22) CODE OF CONDUCT:

The Board of Directors has approved a Code of Conduct which is applicable to members of the Board and all employees in the course of day to day business operations of the Company. The Code has been placed on the Companys website www.cotandcandy. com. The Code lays down the standard procedure of business conduct which is expected to be followed by the Directors and the designated employees in their business dealings and in particular on matters relating to integrity in the work place, in business practices and in dealing with stakeholders.

(23) CORPORATE GOVERENCE:

As per Regulation 15(2) of SEBI (Listing Obligation and Disclosures requirement) Regulation, 2015, Report on

Corporate Governance is not applicable on the Company as the Company is listed on SME Platforms of BSE.

(24) ACKNOWLEDGEMENTS:

Your Directors thank the bankers, the various

Government Agencies, Suppliers, Customers, Investors and All others for their wholehearted support during the year and looking forward to their continued support in years ahead. Your Directors acknowledge the support and co-operation received from the employees and all those who have helped in the day to day management.

For And On Behalf Of
PACE E-COMMERCE VENTURES LIMITED
(FORMERLY KNOWN AS PACE E-COMMERCE VENTURES PRIVATE LIMITED)
(PREVIOUSLY KNOWN AS PACE SPORTS AND ENTERTAINMENT PRIVATE LIMITED)

sd/-

Mr. Shaival Dharmendra Gandhi

Managing Director
DIN: 02883899

Date: September 05, 2023

Place: Pune

Registered Office: Anugrah Bunglow, Street 4, Pallod

Farms II, Shambhu Vihar Society, Nankude Vasti,
Aundh, Pune, Maharashtra - 411045, India.

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