The said report does not contain any qualification, reservation, adverse remark or disclaimer. Economic slowdowns have a direct impact on consumption. Manish Chokhani as the members. With a significant number of Indian consumers turning Internet users, and eventually, online shoppers, selling through the online channel is set to redefine retail.
For and on behalf of the Board of Directors Chandru L. Nitin Sanghavi, and Mr. Having regard to the provisions of the first proviso to Section 1 of the Act, the Annual Report excluding the aforesaid information is being sent to the members of the Company.
The Board of Directors has accepted all the recommendations made by Audit Committee from time to time. The revenue of the Company in year under review was Rs, 10, lacs vis a vis previous year Rs, 9, lacs. Based on the detailed review the following key risks inter-alia has been identified: Development of new technologies: The mechanism provides adequate safeguards against victimization of persons who use this mechanism.
It has repaid Rs, 12, lacs long term loans on maturity through cash profit proceeds. Bharat Sanghavi as a Company Secretary of the Company w. Value Added Tax 17, Crossword has Project on shoppers stop ltd net loss of Rs, lacs for the year under review, against a net loss of Rs, lacs in the previous year.
The foreign exchange earnings was Rs, 8, Cost of consignment merchandise 18, His brief profile is provided in the Notice convening the ensuing 20th Annual General Meeting of the Company.
A statement of all such related party transactions is presented before the Audit Committee and the Board on a quarterly basis, specifying the nature and value of these transactions.
The revenue during the year under review was Rs, 5, lacs previous year Rs, 5, lacsregistering a growth of 0. The evaluation of these internal financial controls were done through the internal audit process, established within the Company and also through appointing professional firm to carry out such tests by way of systematic internal audit programme.
Hypercity has posted loss of Rs, 8, The Committee comprises Ms.
Omnibus approval is obtained for the transactions which are foreseen and repetitive in nature. Other cost effective financing techniques such as commercial paper, working capital demand loans, vendor bill discounting facility, etc.
In keeping with accounting prudence and conservativeness, the Company has made a provision of Rs, 3, lacs in the financial yeartowards diminution in value of investment in Hypercity. Gareth Thomas and Mr. The Policy may be accessed on the Company s website at the link https: Salil Nair, during his long association with the Company.
The details about the board meetings and the attendance of the directors are provided in Corporate Governance Report. The Company continuously looks at stepping up the marketing activities and strong cost control to protect its profitability.
Any member interested in obtaining such information may write to the Company Secretary and the same will be furnished on request. Such shareholders may approach the Company with their correct particulars and proof of their identity for crediting requisite shares from Demat Suspense Account to their individual Demat Account.
The Company has adopted a policy for prevention of sexual harassment at work place and is fully committed to comply with its various provisions. The Company in order to counter the impact of loss in business due to online e-commerce sales, has designed a two pronged strategy which includes, Omni-channel approach to drive sales with the emphasis on seamless and engaging customer experience and plans to sell products and brands online via tie up with leading online e-commerce portals.
The Board of Directors met 4 four times in the year under review. Particulars of loans, guarantees or investments: The net loss was Rs, 1, These equity shares forming part of the share capital, ranks pari passu in all respect.
During the year under review, no shares were transferred from the suspense account to any of the aforesaid shareholders. The specified information about the elements of remuneration such as salary, benefits, bonuses, stock options, pension, etc.
Direct interactions with the Managing Director through forums like town halls are being carried out to do so. Any member who is interested in obtaining a copy of the Financial Statements may write to the Company Secretary at the Registered Office of the Company.
Prashant Mehta retired as the Company Secretary of the Company w.Learn about working at Shoppers Stop. Join LinkedIn today for free. See who you know at Shoppers Stop, leverage your professional network, and get ultimedescente.comd: Shoppers Stop Ltd.
Umang Tower, 5th Floor, Mindspace, Off. Link Road, Malad (West), Mumbai, Maharashtra – Ph: Fax: () For queries: [email protected] View Vinod Pillai’s profile on LinkedIn, the world's largest professional community.
Vinod Pillai. Finance at Shoppers Stop Ltd. View profile. Vinod Pillai. Project Engineer at Northwest Title: Finance at Shoppers Stop Ltd. We use your LinkedIn profile and activity data to personalize ads and to show you more relevant ads.
You can change your ad preferences anytime. Shoppers Stop is an Indian department store chain promoted by the K Raheja Corp Group (Chandru L Raheja Group), started in the year with its first store in Andheri, Mumbai Shoppers Stop Ltd has been awarded "the Hall of Fame" and won "the Emerging Market Retailer of the Year Award", by World Retail Congress at Barcelona.
Mumbai, Mumbai Working as General Manager - Project Commercials at Shopper's Stop Ltd., Mumbai. Responsibilities: Project Expense Tracking against Approved ultimedescente.com: GM-Project Commercials at .Download