The key areas of management discussion and analysis are given below;
INDUSTRY STRUCTURE AND DEVELOPMENTS
Company is under process of major change w.r.t. capital structure and business operations. Company has undergone diversification and entered into new Business Segment of Agriculture in the year 2021-2022.
Management is in process of finding new markets and business avenues keeping in mind current economic conditions.
FINANCIAL PERFORMANCE
The financial performance of the company for the year under review is discussed in detail in the directors report.
SEGMENT 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 companys premises impacting employee safety & wellbeing constant communication on building employee awareness, limited working from campus, proper sanitization, appropriate social distancing are already in place.
BUSINESS OUTLOOK
The Directors are under the process of exploring other avenues of diversifying into new areas of business.
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
Your Company has no subsidiary Companies.
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