jsl industries ltd annual report

Copyrights 2022 Business Standard Private Ltd. All rights reserved. which may have potential conflict with interest of theCompany at large. The data we provide on The Company Check is sourced from reliable portals and we have greatly endeavoured to verify its authenticity and have made certain of its security. Diversify your portfolio by investing in Global brands. This framework seeks to create transparency minimize adverse impact on thebusiness objectives and enhance the Company's competitive advantage. Pursuant to the provisions of Section 204 of the Companies Act 2013 and the rulesframed thereunder the Company has appointed M/s. Date Sources:Live BSE and NSE Quotes Service: TickerPlant | Corporate Data, F&O Data & Historical price volume data: Dion Global Solutions Ltd.BSE Quotes and Sensex are real-time and licensed from the Bombay Stock Exchange. V. H. Gandhi & Co. CharteredAccountants on the financial statement of the Company for the year 2021 is part of theAnnual Report. Performance is assessed by summarising how the business incurs its revenues, expenses and net profit or loss incurred over the period.

Stocks in ASM/GSM list or with high pledged promoter holding should be handled with caution.

Sensex, Nifty gain 4% this week; here's what drove the rebound? In line with the amendments introduced recently by SEBI the above Code has beenamended suitably to align it with the amendments which are effective from April 1 2019. The attendance of each Director at these meetings was as follows: None of the Directors are related to the other Directors or to any other employee ofthe Company except Mr. Rahul N. Amin and Mrs. Tejal R. Amin. from the conclusion of 51st Annual GeneralMeeting till the conclusion of 56th Annual General Meeting of the Company. The terms of reference of the Audit Committee are as per Section 177 of the CompaniesAct 2013 and also as per Regulation 18 of SEBI (Listing Obligations and DisclosureRequirements) Regulations 2015. Pre-configured baskets of stocks & ETFs that you can invest in with a single click. Other numbers except Payout Ratio in cr, NSE & BSE SEBI Registration No: INZ000031633 | CDSL - SEBI Registration No: IN-DP-431-2019, Zerodha- NSE & BSE SEBI Reg.

The performance of the Audit Committee the Nomination and Remuneration Committee andthe Stakeholders Relationship Committee was evaluated by the Board having regard tovarious criteria such as committee composition committee processes committee dynamicsetc. Purchase reports or subscription to get access to information on legal cases of company in the District Courts, High Courts and Supreme Court of India. The Internal Auditor of the Company checks and verifies the internal control andmonitors them in accordance with the policy adopted by the Company. The Company has no subsidiary Associate or Joint Venture within the meaning of Section2(6) of Companies Act 2013 ("the Act"). The issued subscribed and paid up Share Capital of the Company as on March 31 2021was Rs. The compositionof the Nomination and Remuneration Committee and the details of Meetings attended by itsmembers are given below: 4 (Four) Nomination and Remuneration Committee meeting was held during the FinancialYear 2020-21 on 28th May 2020 23rd June 2020 12th August 2020 and 18th March 2021.The necessary quorum was present at the meeting. The Company Check is a registered information and data resource technology platform developed, owned and maintained solely by TCC Information Private Limited. 11. The Board was of the unanimous view that all the committees were performing theirfunctions satisfactorily and according to the mandate prescribed by the Board under theregulatory requirements including the provisions of the Act the Rules framed there underand the SEBI (Listing Obligations and Disclosures Requirements) Regulations 2015. Mr. K. J. Gupta Chief Executive Officer, 3. AuditCommittee reviews Internal Audit Reports as well as operating plans and status ofimplementation of the agreed action plans.

With regard to the observation from secretarial auditor All those promoters who havenot dematerialized their shares have initiated the process of getting their shares indemat form. Business Standard is happy to inform you of the launch of "Business Standard Premium Services". Policy is available on the website of the Company at the web-linkhttp://www.islmogar.com/userfiles/investor relations/ investor relationsdocument/1565163009.pdf. As per provisions of Section 134(5)(e) of the Companies Act 2013 the Directors havean overall responsibility for ensuring that the Company has implemented robustsystems/framework of internal financial controls to provide them with reasonable assuranceregarding the adequacy and operating effectiveness of controls with regards to reportingoperational and compliance risks. Your Company has targeted a good turnover for instrument transformer division for2021-22 keeping in view the market and overall growth of instrument transformer industry. The Company has developed andimplemented Risk Management Policy of the Company to identify evaluate business risks andopportunities. The Audit Committee of the Company comprises 4 (Four) Members majority of them areNon-Executive Independent Directors. The Nomination and Remuneration Committee of the Company comprises of the followingMembers: Performance evaluation criteria for Independent Directors.

FAMILIARISATION PROGRAM FOR INDEPENDENT DIRECTORS: Further the Company has familiarisation programme for Independent Directors withregard to their roles rights responsibilities in the Company nature of the industry inwhich the Company operates the business model of the Company etc. It's also called the P&L statement, Over the last 5 years, revenue has grown at a yearly rate of 4.48%, vs industry avg of 9%, Over the last 5 years, market share decreased from 0.32% to 0.27%, EPS and DPS in . During FY 2020-21 the Company conductedawareness programmes in respect of Sexual harassment at work place. The accuracy and completeness of the accounting records; and. The Official website of JSL INDUSTRIES LIMITED is https://www.jslmogar.com . The Board recommends the appointment of Dr. K. K. Thakkar as Director ofthe Company retiring by rotation. Mr. Amul Parikh Chief Financial Officer, 4. or medium without express writtern permission of moneycontrol.com is prohibited. The Company has followed the relevant Accounting Standards notified by the Companies(Indian Accounting Standards) Rules 2015 while preparing Financial Statements. The LT Switchboard business for the year under review has been Rs. No case was reportedrelating to sexual harassment during the FY 2020-21. Directors & Signatories of Jsl Industries Limited, Past Directors & Signatories of Jsl Industries Limited, Compliances-Certificate under Reg. EVALUATION OF COMMITTEES OF THE BOARD.

View more. The Audit Committee reviews all related party transactions quarterly. All times stamps are reflecting IST (Indian Standard Time).By using this site, you agree to the Terms of Service and Privacy Policy. PARTICULARS OF EMPLOYEES AND RELATED DISCLOSURES. The corporate identification number (CIN) of JSL INDUSTRIES LIMITED is L31100GJ1966PLC001397 and the company number is 001397 as per Ministry of Corporate Affairs (MCA). The details offamiliarisation programme are available on the website of the Company at the web-linkhttp:// www.islmogar.com/ userfiles/ investor relations/investor relations document/1505562507.PDF.

Visit this section to access live price and charts. CONFIRMATION ON THE INDEPENDENCE OF THE INDEPENDENT DIRECTORS: The Board of Directors hereby confirms that in their opinion the Independent Directorsfulfil the conditions specified in SEBI (Listing Obligations and Disclosure Requirements)Regulations 2015 and are Independent of the Management.

All related party transactions that were entered into during the financial year were onarm's length basis and were in the ordinary course of business. 36. Mr. Ishwar Nayi Company Secretary is the Compliance Officer of the Company andSecretary to all the Committees of the Board. WHISTLE BLOWER / VIGIL MECHANISM POLICY.

The Reportof the Secretarial Audit is enclosed herewith as Annexure D which forms part of thisBoard's Report. 28. All the Directors of the Company have confirmed that they are not disqualified frombeing appointed as directors in terms of Section 164 of the Companies Act 2013. As required by Section 134 of the Companies Act 2013 read with the Companies(Accounts) Rules 2014 the relevant data pertaining to conservation of energy technologyabsorption and foreign exchange earnings and outgo are given in Annexure A forming part ofthis Report. Any information found on the platform of The Company Check cannot be sold, licensed, rented or redistributed by any person or entity in any form whatsoever. To view more, please upgrade to a monthly contacts add-on. The Company has a Stakeholders Relationship Committee in compliance with the provisionsof the Companies Act 2013 and Regulation 20 of SEBI (Listing Obligations and DisclosureRequirements) Regulations 2015.

In view of requirement of financial resources and considering the future requirementsof funds your Directors do not recommend any dividend on equity shares of the Company. In view of Paid up Capital and Net worth of the Company being lesser then Rs. 10Crores and Rs. Details of the proposal for the appointment / re-appointment of Directors along withtheir shareholding in the Company as stipulated under Secretarial Standard 2 andRegulation 36 of the SEBI Listing Regulations is mentioned in the Notice of the AnnualGeneral Meeting. The said Policy may be referred to at the Company's official website at the web-linkhttp:// www.islmogar.com/userfiles/investor relations/investor relationsdocument/1505561981.pdf. DEALING WITH SECURITIES WHICH HAVE REMAINED UNCLAIMED. During the year under review the Switch Gear Division has achieved a Net Sales of Rs.21.15 Crores. 20. The Report given by M/s. 16.70 Crores for the yearunder review which is about 28% more than previous year. V. H. Gandhi & Co. CharteredAccountants (Firm Registration No. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock, ASM and GSM lists are measures to safeguard investors against volatility and unjustified stock prices. The orderly and efficient conduct of its business including adherence to Company'spolicies; 3. The performance of the Division has been very good this year with 13%increase over the previous year. Learn and stay informed about cryptocurrency in India. During the year under review the performance of the Instrument Transformer Division hasnot been good this year. Enjoy Reading! Despite fiscal steps, wheat, pulses and LPG see high inflation in July, Profit/(Loss) before Finance Cost & Depreciation, Total Comprehensive Income for the period, Balance Brought Forward from Previous Year, Less : Proposed Dividend on Preference Shares, 5 Mr. Sudhir V. Chemburkar (DIN-00638666), Number of Meetings during the year 2020-21, 1. The Motors and Pumps Division has achieved a Net Sales of Rs. The evaluation involves Self-Evaluation by the Board Member and subsequently assessmentby the Board of Directors. 8.

It alsoprohibits the purchase or sale of Company's shares by the Directors designated employeesand connected persons while in possession of unpublished price sensitive information inrelation to the Company and during the period(s) when the Trading Window to deal in theCompany's shares is closed. Copyright e-Eighteen.com Ltd All rights resderved. Pursuant to provisions under Section 134(5) of the Companies Act 2013 the Board ofDirectors to the best of their knowledge and ability confirm and state that: a) in the preparation of annual accounts for the year ended March 31 2021 theapplicable accounting standards have been followed and given proper explanation relatingto material departures; b) the directors had selected such accounting policies and applied them consistentlyand made judgements and estimates that are reasonable and prudent so as to give a true andfair view of the state of affairs of the Company at the end of the financial year and ofthe loss of the company for that period; c) the directors had taken proper and sufficient care for the maintenance of adequateaccounting records in accordance with the provisions of this Act for safeguarding theassets of the Company and for preventing and detecting fraud and other irregularities; d) the directors had prepared the annual accounts on a 'going concern' basis; e) the directors had laid down Internal Financial Controls to be followed by theCompany and that such Internal Financial Controls are adequate and were operatingeffectively; and. Composition Name of Members Meetings and Attendance. Annual Return as required under Section 92(3) read with Section 134(3)(a) of theCompanies Act 2013 ('the Act') is available at weblink athttp://www.islmogar.com/userfiles/ investor relations/investor relationsdocument/1626940173.pdf. For reprint rights: Record numbers: 73 companies announce bonus issues so far, Next pain point for rupee is $79 billion of unhedged debt, Whats making ITC roar & should IT be accumulated on dips? NOMINATION AND REMUNERATION COMMITTEE. ISIN: INE581L01018 | SECTOR: Electric EquipmentElectric Equipment, JSL Industries Standalone March 2022 Net Sales at Rs 11.97 crore, down 14.44% Y-o-Y, JSL Industries Standalone December 2021 Net Sales at Rs 16.59 crore, up 26.45% Y-o-Y, JSL Industries Standalone June 2021 Net Sales at Rs 11.75 crore, up 37.59% Y-o-Y, JSL Industries Standalone March 2021 Net Sales at Rs 13.99 crore, up 51.57% Y-o-Y, Bharat Bijlee's board meeting on May 19, 2017, Shilchar Techno's board meeting on May, 6 2017, Crompton Greaves Q3 net profit at Rs 37 cr, Tumus Electric standalone Dec '16 sales at Rs 0.01 crore, Havells Q3 profit rises 27% to Rs 153 cr, margin contracts, Havells Q3 net seen up 2%, demonetisation impact may be limited, Havells Q3 PAT may dip 6.7% to Rs 130 cr: HDFC Securities, Techno Electric Q3 PAT may dip 50% to Rs 35 cr: ICICI Securities, Crompton gains 4%, analysts expect earnings to surprise in FY18, ITC Q4 nos in line; experts anticipate tough times ahead, How broking firms rate Crompton Greaves Q4 results, Gloom done, blue skies ahead for Crompton Greaves: Religare. A Member of the Board does not participate in the discussion ofhis/ her evaluation. The saving in electrical energy from the green power generation (2 nos Wind Mills putup by the company for captive power consumption) has been 39% of the total powerrequirements for the year2020-21. During the year under review Company has not changed its nature of business. As per requirement of provisions of Section 118(10) of the Companies Act 2013 theCompany has complied with the Secretarial Standard applicable to the Company. Nilesh Shah of Envision Capital answers, Are FIIs taking a U-turn? In terms of Schedule V of SEBI (Listing Obligations and Disclosure Requirements)Regulations 2015 the Management Discussion and Analysis is given in Annexure B formingpart of this Report. The Stakeholders Relationship Committee of the Company comprises of the followingMembers: There were no shareholder's complaints during the year request relation transfer/transmission of shares have been resolved within time. The following persons have been designated as Key Managerial Personnel of the Companypursuant to Section 2(51) and Section 203 of the Act read with the Rules framedthereunder. MANAGEMENT DISCUSSION & ANALYSIS REPORTS. This system of internal control facilitateseffective compliance of Section 138 of the Companies Act 2013 and the Securities andExchange Board of India (Listing obligations and disclosure requirements) Regulations2015. It's a company limited by shares having an authorized capital of Rs 10.00 cr and a paid-up capital of Rs 3.10 cr as per MCA.6 Directors and 3 Signatories are associated with the organization. Your Company has adequate financial control system and framework in place to ensure: 1. We expect a moderate business in the year 2021-22 also for this Division. Currently 9 directors are associated with JSL INDUSTRIES LIMITED. There are no materiallysignificant related party transactions made by the Company with the Promoters Directorsand Key Managerial Personnel etc. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD, A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. No amount has been transferred to reserves. The Company has established a "Whistle Blower / Vigil Mechanism Policy" forDirectors Employees and Stakeholders to report the genuine concerns. The policy is framed by the Nomination and Remuneration Committee and approved by theBoard. The new age digital currency to diversify a portfolio. We love getting feedback from our customers. Discover 5000+ schemes. What is authorized share capital and paid-up capital of JSL INDUSTRIES LIMITED? 16. Its registered office is in Anand, Gujarat, india.The Company's status is Active, and it has filed its Annual Returns and Financial Statements up to 31 Mar 2021 (FY 2020-2021). mcmarketstockprice->Moneycontrol/MC_Market/MC_Market_StockPrice_728x90|~|Moneycontrol/MC_Market/MC_Market_StockPrice_300x250|~|Moneycontrol/MC_Market/MC_Market_StockPrice_728x90_2|~|Moneycontrol/MC_Market/MC_Market_StockPrice_728x90_1|~|Moneycontrol/MC_Market/MC_Market_StockPrice_300x250_2|~|Moneycontrol/MC_Market/MC_Market_StockPrice_300x250_1|~|Moneycontrol/MC_Market/MC_Market_StockPrice_300x250_BTF|~|Moneycontrol/MC_PriceChart/MC_PriceChart_300x250_ATF|~|Moneycontrol/MC_PriceChart/MC_PriceChart_728x90_ATF|~|Moneycontrol/MC_PriceChart/MC_PriceChart_728x90_BTF|~|Moneycontrol/MC_Market/MC_Market_StockPrice_300x250/MC_Market_StockPrice_Notices_300x250_ATF|~|Moneycontrol/MC_Market/MC_Market_StockPrice_QuartResult_728x90|~|Moneycontrol/MC_Market/MC_Market_StockPrice_CapitalStruc_728x90|~|Moneycontrol/MC_Market/MC_Market_StockPrice_PriceChart_728x90|~|Moneycontrol/MC_Market/MC_Market_StockPrice_History_300x600_ATF|~|Moneycontrol/MC_PriceChart/MC_PriceChart_300x250_ATF_1|~|Moneycontrol/MC_PriceChart/MC_PriceChart_728x90_ATF_1|~|Moneycontrol/MC_PriceChart/MC_PriceChart_300x250_MTF->, Invest in Stacks (Expert curated portfolio using, Unlocking opportunities in Metal and Mining, PhonePe Beat of Progress Powered by Moneycontrol, REMITTANCES IN FOREIGN CURRENCIES FOR DIVIDENDS, Non-Current Investments Quoted Market Value, Non-Current Investments Unquoted Book Value. DETAILS IN RESPECT OF FRAUDS REPORTED BY AUDITORS UNDER SUB-SECTION (12) OF SECTION143 OTHER THAN THOSE WHICH ARE REPORTABLE TO THE CENTRAL GOVERNMENT.

Number of shareholders to whom shares were transferred from the suspense account during the year, 4.

Beware of these stocks, A higher-than-industry revenue growth represents increased potential for the company to increase their market share, Market share is the percentage of an industry's total sales going to a particular company. Its registered office is in Anand, Gujarat, india.The Company's status is Active, and it has filed its Annual Returns and Financial Statements up to 31 Mar 2021 (FY 2020-2021). .a{fill:#6db41e;stroke:#637733;}.b,.d{fill:none;}.b{stroke:#fff;}.c{stroke:none;}, BSE: 504080 | NSE: | 34.

Jaydev Paneri Narbheshankar, Sudhir Vasantrao Chemburkar, Kiritkumar Keshavlal Thakkar and 3 other members are presently associated as directors. The gap between any two Board Meetings did not exceed 120 days.

BSE:504080 | IND:Electric Equipment/Components/Services | ISIN code:INE581L01018 | SECT:Electric/Electronics. No. 4 (Four) Stakeholders Relationship Committee Meetings were held during the FinancialYear 2020-21 on 23rd June 2020 12th August 2020 09thNovember 2020 and 09th February 2021. The Company has not given any loan or provided guarantees or made any investments asprescribed under Section 186 of the Companies Act 2013. The particulars of Contract or arrangement with related parties given in FORM AOC-2are given in Annexure C forming part of this Report. Aggregate number of shareholders and the outstanding shares in the suspense account lying at the end of the year, Access Exclusive content - articles, features & opinion pieces, Weekly Industry/Genre specific newsletters - Choose multiple industries/genres, Access to 17 plus years of content archives, Set Stock price alerts for your portfolio and watch list and get them delivered to your e-mail box, End of day news alerts on 5 companies (via email). Pursuant to amendments in Section 139 of the Companies Act 2013 the requirements toplace the matter relating to such appointment for ratification by members at every annualgeneral meeting has been omitted with effect from 7th May 2018. As per Ministry of Corporate Affairs (Mca), the registered address of JSL INDUSTRIES LIMITED is MOGAR ANAND GJ 388340 IN. The Board of Directorsregularly review the effectiveness of controls and takes necessary corrective actionswhere weaknesses are identified as a result of such reviews. .a{fill:#6db41e;stroke:#637733;}.b,.d{fill:none;}.b{stroke:#fff;}.c{stroke:none;}, +390.28 (+0.70%) Track your portfolio 24X7. 6 (Six) Audit Committee meetings were held during the Financial Year 2020-21 on 28thMay 2020 23rd June 2020 12th August 2020 09th November 2020 09th February 2021and 18th March 2021. The Company has always provided a congenial atmosphere for work to all employees thatare free from discrimination and harassment including sexual harassment. 5. CONSERVATION OF ENERGY TECHNOLOGY ABSORPTION FOREIGN EXCHANGE EARNINGS AND OUTGO. the Wholetime Director two Non-Executive Directors and threeIndependent Directors. It gives a general idea of the size of a company v/s its competitors, Annual Report and Investor Presentation updates mentioned here are as reported by the company to the exchange.

Copyright e-Eighteen.com Ltd. All rights reserved. 24. 25 Crores respectively Corporate Governance Report as prescribed in ClauseC of Schedule V of SEBI (Listing Obligations and Disclosure Requirements) Regulations2015 is not included in terms of Regulation 15(2) of SEBI (Listing Obligations andDisclosure Requirements) Regulations 2015. No Independent Director has resigned before the expiry of their tenure during the yeartherefore there is no requirement to make any disclosure in the said matter. No: IN-DP-431-2019, Intrinsic value is the calculated value of the company and may differ from current stock price. Connect with The Company Check on social media today.

Corporate Social Responsibility Provisions are applicable to every Company having networth of Rupees Five Hundred Crores or more or Turnover of Rupees one thousand crores ormore or a Net Profit of Rupees Five Crores or more.