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KIRAN VYAPAR LIMITED
Date: os- September, 2019
To The Corporate Relationship Department BSE Limited Phiroz Jeejeebhoy Towers, Fort Dalal Street Mumbai - 400 001 Scrip Code No. 537750
To The Secretary The Calcu Stock Exchange Ltd.
Sub: Corrigendum to Annual Report 2018-2019
Please find enclosed the copies of Corrigendum dated 4th September, 2019 with respect to the corrections in the Annual Report for the financial year 2018-2019, which have been published in the newspapertoday i.e. 5th September, 2019.
You are requested to take note of the above and arrange to bring it to the notice of all the concerned.
Kindly take the above in your record and acknowledge.
I~LNB~1" GROUP LN BANGUR GROUP OF COMPANIES email: firstname.lastname@example.org
CORPORATE ADDRESS I REGISTERED OF.F.ICE 3'· Floor, Uptown Banjara, Road No 3, Baniara Hills, Hyderabad "KRISHNA", T" Floor, Room No. 706,224, A J C. Bose Road,
500034, India L: +914047861111 F: +914023553358 Kolkata - 700 017, West Bengal, India, L',,+91 3322230016/18, F : +91 3322231569, email: email@example.com ,
CIN : L51909WB1995PLC071730 Sec u r i n gab rig h t e r tom 0 r row Email: firstname.lastname@example.org www.lnbgroup.com
mailto:email@example.com mailto:firstname.lastname@example.org mailto:email@example.com http://www.lnbgroup.com
Business Standard KOLKATA I THURSDAY, 5 SEPTEMBER 2019
Q KIRAN VYAPAR LIMITItD .
CIN : L51909WB1995PLC071730 Regl.tered OffIce: KRISHNA, 7th Floor, Room No. 708,224, A. J. C. Bo.e Road, Kolketa" 700017
Ph: (033) 22230016118, Fax: (033) 22231889, Eman : kvICIIlnbgroup.com, Web.lte: www.lnbgroup.com
FOR THE A TIENTION OF THE SHAREHOLDERS Corrlgendum to the Annual Report for the Financial Vllr 2018-2019 of Klran Vyapar Limited (The Company)
The SharehOlders of the Company are requested to note the followlng corrections with respect to the Annual Report 2018-2019 which has been dispatched to its membenl: AI Annexure A to Notice On page No. 13, under "Remuneration last drawn by such person, ~ applicable (in Laca)", the figure against "Commission" at each place shoold be read as Nil. SI MGT·9 - Extract of Annual Return: On page No. 33, "Remuneration to other directors" should be reed as under:
B. Remuneration to Other Directors (Rs. in Laes) SI. Particulars of Rlll'luneraUon Name of DlrtCtorsNo. Totel
Independent Dlrtctora Amltev Shuur RI,I1v Kepul Leklhml Shaetal Amount Kothart • Benerjee NIwH Sangur Sangur
Fee for attending board! committee meetings 2.00 1.60 2.40 0.00 0.00 6.00 Commission 0.00 0.00 0.00 0.00 0.00 0.00 Others, please specify 0.00 0.00 0.00 0.00 0.00 0.00 Totel (1) 2.00 1.80 2.40 0.00 0.00 6.00 Other Non"ExecuUva DlrtCtors · Fee for attending board! committee meetings 0.00 0.00 0.00 2.80 0.60 3.40 · Commission 0.00 0.00 0.00 0.00 0.00 0.00 · Others, please specify 0.00 0.00 0.00 0.00 0.00 0.00 Totel (2) 0.00 0.00 0.00 2.80 0.80 3.40 Totel (B)·(1+2) 2.00 1.60 2.40 2.80 0.60 9.40 Totel Menagerlal remunemlon' Overall Ceiling as par the Act The remuneration 11well wtthln the IImlte prescrtbed under the
Companies Act, 2013 and as par Schedule V of the Companies Act, 2013 78.58 Total Managerial remuner.uon to the Managing DlrtCtor and other Dirtctora (being the total of A and B)
C) Annexura E On page No. 42, under "Statement pursuant to Section 197(12) of the Companies Act, 2013 read with Rule 5(1) of the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014", the SI.No. (i) and (ii) should be read as under.
i The Ratio of th~ remuneration of each Name of Directors Ratio to Median remuntmlon Director to the median remuneration of the Mr. Shraeyash Bangur 3.15:1 employee of the Company for the financial year Mr. Lakshmi Niwas Bangur 0.12:1
Ms. Sheetal Bangur 0.03:1 Mr. Amitav Kothari 0.08:1 Mr. Rajiv Kapasi 0.10:1 Mr. Bhaskar Baneljee 0.07:1
ii The percentage increase in remuneration of Dlrecto~alCFO!CEO!CSlManaaer name % _ Incr ••• e In remunerstion each Director, Chief Financial Officer, Mr. Shraeyash Bangur 101.23% Chief ExecutJve Officer, Company Secretary or Mr. Lakshmi Niwas Bangur -41.51% Manager, if any, in the financial year Ms. Sheetal Bangur -76.81%
Mr. Amitav Kotl1ari , -49.83% Mr. Rajiv Kapasi -45:29% Mr. Bhaskar Bane~ee -55.39% Mr. Ajay Sonthalia· CFO 8.00% Mr. Pradip Kumar Ojha - CS 8.00%
D) Corporate Governance Report On page No. 59, "Remuneration to Non-Executive Directors" should be read as under. - b) Remuneration to Non·ExecuUve Directors SI.
Nam. of Directors Remuneration Sitting Feel Commlulon No. ofNo. (Ra. In Lees) (RI. In l.acI) (RI. In Laes) Shares held 1. Mr. Lakshmi Niwas Bangur Nil 2.80 Nil 1,760,457 2. Ms. Sheetal Bangur Nil 0.60 Nil Nil 3. Mr. Amitav Kothari Nil 2.00 Nil Nil 4. Mr. Bhaskar Bane~ee Nil 1.60 Nil Nil 5. Mr. Rajiv Kapasi Nil 2.40 Nil Nil E) Related Party Disclosure. : On page No. 123, under Note No. 32(b), the figure for the year ended 31st March, 2019 against Commission to Key Managerial Personnel should be read as Nil. On page No. 206, under Note No. 38(b), the figure for the year ended 31st March, 2019 against Commission to Key Managerial Personnel should be read as Nil. The aforesaid changes do not have any i~ on the Financial Statement of the Company for the financial year 2018-19. This Corri~ndum should be reed In conjUnction with the said Annual Report. This Comgendum and updated version of said Annual Report 2018-2 19 are available 011 the web.ite of the Company at www.lnbgroup.com.
For Kll'lln Vyapar Limited Sdi"
Place: Kolk.ta Pr.dlp Kum.r OJh. Date: 04.09.2019 Company Secretary
For Kiran Vyapar Lrmiteu ~---;:::::::::==--I'-I~-=' ••.~
I~- ' ,~
I)KIRAN VYAPAR 11L.IMITED · . CIN : L51909WB1995PLC071730
Registered Offic:e : KRISHNA, 7th Floor, Room No. 706, 224, A. J. C. Bose Road, Kolkata • 700017 Ph: (033) 22230016/18, fax: (033) 22231569, Emall: firstname.lastname@example.org:om, Webslte: wwW.lnbgroup.c:om
FOR THE ATTENTION OF THE SHAREHOLDERS CorrIgendum to the Annual Report for the Financial Vea, 2018-2019 of Klran Vyapar Uml*! (The Company)
The Shareholders of the Company are requested to note \he following corrections with respect to \he Annual Report 2018-2019 which has been dispatched to its members: A) Annexure A to Notice On page No. 13. under 'Remuneration last drawn by such person, n applicable (in Lacs)" \he flQUreagainst 'COtJlmission' at each place should be read as Nil. ~ 8) MGT-9 - ExtnIct of Annual Return: -On page No. 33, 'Remuneration to other directors' should be read as under:
B, Remuneration to Other Directors (Rs. in Lacs) SI.
Particulars of Remuneration Name of DinIctonINo. Total Independent Directors Amitav Bhaekar RajIYKapuI Lakshml Sheetal AmountKothari BanerjH NIwn Bangur Banliur
Fee for attending bo8rd/ l:ommittee meetings 2,00 1,60 2,40 0.00 0.00 6.00 Coml'(1ission 0.00 0.00 0.00 0.00 0,00 ,0.00 Others, please specify , , 0.00 0,00 0,00 0,00 0,00 . 0,00 Total (1) 2,00 1.60 HO 0.00 0.00 6.00 Other Non-executive Directors · Fee for attending board! committee meetings 0.00 0.00 0.00 2,80 0.60 3,40 , Commission 0,00 0,00 0.00 oco 0.00 0,00 · Others, please specify 0.00 0.00 0,00 0,00 0.00 0.00 Total (2) 0.00 0,00 0.00 2,60 0.60 3.40
Total (B)=(1+2) 2.00 1.60 2.40 2,80 0.60 9.40 Total Managerial remunet'8tion' Overall Ceiling H per the Act The remuneration Is well within the limits p
KIRAN VYAPAR LIMITED
13.08.2019 To The General Manager, BSE Limited Department of Corporate Services Floor 25, P.J. Towers, Dalal Street Mumbai - 400 001 BSE Scrip Code: 537750
7, Lyons Ra Kolkat 700001 C Scrip Code: 10021383
Sub: 23rd Annual Report for Financial Year 2018-19 under Regulation 30 and 34 of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015
Dear Sirl Madam,
Pursuant to Regulation 30 and 34 of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015, enclosed find herewith Annual Report along with Notice of 23rd Annual General Meeting for the Financial Year 2018-19 of the Company to be held on Monday, 9th September, 2019 at Far Pavillion, The Tollygunge Club Ltd., 120, Deshpran Sasmal Road, Kolkata - 700033.
A copy of the Annual Report of the Company for the financial year ended 31st March, 2019 along with Notice of 23rd Annual General Meeting is also available on the web site of the company at www.lnbgroup.com.
This is for your information and records.
I:-'LNS",1, GROUP CORPORATE ADDRESS I REGISTERED OF.F.ICE3'" Floor, Uptow~ Banjara, Road No 3. Banjara Hills, Hyderabad "KRISHNA", T" Floor, Room No. 706, 224, A.J.C. Bose Road,500034, India L: +914047861111 F: +91 4023553358 Kolkata - 700 017, West Bengal, India, L : +91 3322230016/18,F : +91 3322231569, email: kvl@lnbgrouR.com LN BANGUR GROUP OF COMPANIES ernait: kvl@lnbgroup com
CIN : L51909WB 1995PLC071730 Sec u r I n gab rig h t e r tom 0 r row Email: email@example.com www.lnbgroup.com
http://www.lnbgroup.com. mailto:kvl@lnbgrouR.com mailto:firstname.lastname@example.org http://www.lnbgroup.com
KIRAN VYAPAR LIMITED
ANNUAL REPORT 2018-2019
S e c u r i n g a b r i g h t e r t o m o r r o w
KIRAN VYAPAR L IMITED
23rd ANNUAL REPORT 2018-2019
BOARD OF DIRECTORS Mr. Lakshmi Niwas Bangur - Chairman Mr. Shreeyash Bangur - Managing Director Ms. Sheetal Bangur - Director Mr. Amitav Kothari - Independent Director Mr. Bhaskar Banerjee - Independent Director Mr. Rajiv Kap