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A Oneindia Venture

Nifty 25,966.40 +0.58%

22k Gold ₹ 12,300 /gm

Sensex 84,929.36 +0.53%

Nifty 25,966.40 +0.58%

22k Gold ₹ 12,300 /gm

Sensex 84,929.36 +0.53%

Nifty 25,966.40 +0.58%

22k Gold ₹ 12,300 /gm

Directors Report of My Money Securities Ltd.

Mar 31, 2024

Your Directors have pleasure in presenting the 33^rd Annual Report of the Company with the Audited Standalone Financial Statements of Accounts and the Auditorâs Report of the Company for the period ended 31^st March, 2024. The Summarized Financial Results for the period ended 31^st March, 2024 are as under.

1. performance highlights:

The financial statements of the company are prepared in accordance with the Indian Accounting Standards (referred to as âIND ASâ) prescribed under section 133 of the Companies Act, 2013, read with the Companies (Indian Accounting Standards) Rules, as amended from time to time. Significant accounting policies used in the preparation of the financial statements are disclosed in the notes to the consolidated financial statements.

The performance highlights of the company for FY 2023-24 are furnished as under:-

s. no.	particulars	year ended 31^st MARCH, 2024 (in thousands.)	year ended 31^st MARCH, 2023 (IN THOUSANDS.)
1	Revenue from Operations	31788.10	7516.71
	Other Income	5004.73	2634.00
	Total Income	36792.83	10150.71
2	Total Expenditure	14667.52	8621.43
3	Profit ( ) / Loss (-) before Depreciation and Tax	22665.67	1529.28
4	Depreciation/ Amortization	(540.36)	(322.23)
5	Profit ( )/ Loss (-) before Tax	22125.31	1207.06
6	Current tax	1137.60	-
7	Deferred tax Liability/(Assets)	97.05	36.66
8	Earlier year Tax Expenses	74.13	(1463.80)
9	Net Profit ( )/ Loss (-) after Tax	20818.51	2634.20
10	EPS (Basic) (In Rs.)	1.2392	0.1616
11	EPS (Diluted) (In Rs.)	1.2392	0.1568

2. REVIEW OF OPERATIONS:

Your Company being a member of National Stock Exchange of India Ltd (NSE) and Metropolitan Stock Exchange of India Ltd. (MSEI-Currency Segment) is in broking business and total Revenue for the Financial Year 2023-24 stood at 36792.83/- thousands, net profit is 20818.51/-thousands as against the revenue of previous Financial Year which was 10150.71/- thousands net profit after tax was 2634.20 /- thousands..

Your Company continued to retain its clients despite competitive and digitization in this rapidly growing market.

The business has sustained margins notwithstanding rise in input costs including salaries and other marketing expenses going up with inflation. Business continues to be successful despite of several economic constraints.

3. change in the nature of business, if any

There was no change in the nature of business during the year under review.

4. DIVIDEND

Your Directors has decided not to recommend any dividend for the financial year ended March 31,2024.

Your Company did not have any funds lying unpaid or unclaimed for a period of 7 (seven) years. Therefore, there were no funds which were required to be transferred to Investor Education and Protection Fund (IEPF) during the year under review.

Pursuant to the provisions of the Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Rules, the Company was not required to file any form with the Ministry of Corporate Adairs during the year under review.

5. share capital

The Authorized share capital as on 31^st March, 2024 was Rs. 22,50,00,000/-(Rupees Twenty Two Crores and Fifty Lakhs Only) consisting of :

i) Rs.21,50,00,000/- (Rupees Twenty One Crore and Fifty Lakhs) consisting of 2,15,00,000 (Two Crore Fifteen Lakhs) Equity Shares of Rs.10/- (Rupees Ten) each; and

ii) Rs.1,00,00,000/- (Rupees One Crore) consisting of 10,000 (Ten thousand) Preference Shares of Rs.1000/-(Rupees Thousand) each

The issued, subscribed and paid-Up Equity Share Capital as on 31^st March 2024 was Rs. 168,003,000/-. (Rupees Sixteen Crores Eighty lakhs and Three Thousand Only) consisting of 1,68,00,300 (One Crore Sixty Eight Lakhs Three Hundred) equity shares of Rs. 10/- each, fully paid- up .

During the year the Company has issued and allotted 5,00,000 (Five Lakhs) Equity Shares pursuant to the conversion of fully convertible warrants into Equity dated 7^th April 2024.

As on 31^st March, 2024 none of the Directors of the Company holds any security convertible into equity shares of the Company.

During the year under review, the Company has neither issued shares with Deferential Voting Rights nor granted Stock Options nor Sweat Equity.

6. dematerialisation of shares

As on March 31,2024, 98.15 % of the Companyâs total equity paid up capital representing 1,64,89,780 (One Crore Sixty Four Lakhs Eighty Nine Thousand Seven Hundred Eighty )equity shares are held in dematerialized form. SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015 mandates that the transfer, except transmission and transposition of securities, shall be carried out in dematerialized form only with effect from 1st April 2019. The Company has directly sent intimation to shareholders who hold shares in physical form advising them to get their shares dematerialized.

7. listing of shares

The Companyâs equity shares are listed at the BSE Limited (the stock exchange). The annual listing fee for the year 2023-24 has been paid to stock exchange.

8. board of directors and key managerial personnel of the company

A. The Board consists of executive & non- executive directors including independent directors who have wide and varied experience in different disciplines of corporate functioning.

i. In accordance with the provisions of Section 152 of the Act and the Articles of Association of the Company read with the Companies (Appointment and Qualification of Directors) Rules, 2014, Mr. Sanjai Seth, Director (DIN :00350518) is liable to retire by rotation at the ensuing Annual General Meeting. He, being eligible, seeks his re-appointment as Director at the 33^rd Annual General Meeting of the Company. The Nomination and Remuneration Committee has also reviewed his candidature for re-appointment as director liable to retire by rotation. The nomination and remuneration committee while considering his appointment has checked the declaration of Mr. Sanjai Seth that he is not debarred from holding the office by virtue of any SEBI Order or any other authority. Your directors based on the recommendation of Nomination and Remuneration Committee recommends his re-appointment as Director liable to retire by rotation. The Board recommends an Ordinary Resolution for your approval.

A brief resume and other details relating to the directors seeking re-appointment, as stipulated under Regulation 36(3) of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015 and Secretarial Standards are furnished in the notice convening the Annual General Meeting and forming a part of the Annual Report.

B. key managerial personnel:

As on 31st March, 2024, the Company has following key managerial personnel as per the definition of Section 2(51) read with Section 203 of the Companies Act 2013:

S. No.	Names	Designation(s)
1.	Mr. Vikas Seth	Managing Director
2.	Mr. Sanjai Seth	Chief Financial Officer & Whole Time Director
3.	Ms. Anjali Chopra	Company Secretary and Compliance Officer

During the financial year, no changes have occurred in the key managerial personnel of the Company: -

9. independent directors

In terms of Section 149 of the Companies Act and the SEBI Listing Regulations, Mr. Vishal Agarwal and Mr.Mudit Sehgal are the Independent Directors of the Company as on date of this Report. All Independent Directors of the Company have given declarations under Section 149(7) of the Act, that they meet the criteria of independence as laid down under Section 149(6) of the Act and regulations 16(1)(b) of the SEBI Listing Regulations. In terms of Regulation 25(8) of the Listing Regulations, the Independent directors have confirmed that they are not aware of any circumstance or situation, which exists or may be reasonably anticipated, that could impair or impact their ability to discharge their duties with an objective independent judgement and without any external influence.

In the opinion of the Board, the Independent Directors possess the requisite expertise and experience and are persons of high integrity and repute. They fulfill the conditions specified in the Act as well as the Rules made thereunder and are independent of the management.

During the year under review, Mr. Vishal Agarwal and Mr. Mudit Sehgal were appointed as Independent Director on the Board w.e.f 30^th September 2023. Mr.Sandeep Gupta and Mr. Ranjan Srinath has resigned from the Board as Independent Directors w.e.f 15^th February 2024.

10. number of meetings of the board

The details of Board Meetings held during the financial year 2023-24 are 07.04.2023, 30.05.2023, 26.06.2023, 14.08.2023, 28.08.2023, 11.11.2023, 22.12.2023, 13.02.2024, 27.02.2024, 07.03.2024 in respect of which notices were given and the proceedings were recorded and signed in the Minutes Books maintained for the purpose.

11. subsidiaries

The company is not having any subsidiary company or joint venture or associate. Therefore, there is not requirement to furnish any information as required under Section 129 of the Companies Act, 2013 read with relevant rules.

12. committees of the board

Currently, the Board is having four committees namely as Audit Committee, Stakeholders Relationship Committee, Nomination & Remuneration Committee and Risk Management Committee.

The Composition of the committees as per the applicable provisions of the Companies Act ,2013 and Rules made thereunder and as per the SEBI (Listing Obligation and Disclosure Requirements), 2015 are as follows:

S. No.

Name of Committee

Name of Members of Committee

Audit Committee

*Mr. SANDEEP GUPTA, (Independent Director) **Mr. RANJAN SRINATH, (Independent Director) Mr. SANJAI SETH, (Whole Time Director & CFO) ***Mr. VISHAL AGARWAL, (Independent Director) ****Mr. MUDIT SEHGAL (Independent Director)

Risk Management Committee

**MR. RANJAN SRINATH, (Independent Director) MRS. RAJNI SETH, (Non-Executive Director)

MR. SANJAI SETH, (Whole Time Director & CFO) ****Mr. MUDIT SEHGAL, (Independent Director)

S. No.

Name of Committee

Name of Members of Committee

Nomination & Remuneration Committee

Mrs. RAJNI SETH, (Non- Executive Director)

*Mr. SANDEEP GUPTA, (Independent Director) **Mr. RANJAN SRINATH, (Independent Director) ***Mr. VISHAL AGARWAL, (Independent Director) ****Mr. MUDIT SEHGAL, (Independent Director)

Stakeholders Grievances Committee

*Mr.Sandeep Gupta ,Chairman of the Board & Independent Director has resigned w.e.f 15^th February 2024 from the Board and consequently from the Committees .

**Mr.Ranjan Srinath, Independent Director has resigned w.e.f 15^th February 2024 from the Board and consequently from the committees.

***Mr.Vishal Agarwal was appointed as the Independent Director of the Company w.e.f 30.09.2023 and after the resignation of Mr.Sandeep Gupta from the Board, Mr.Vishal Agarwal was elected as Chairman of the Board w.e.f 15^thFebruary 2024 and also the member of the following committees Audit Committee, Nomination and Remuneration Committee, Stakeholder Relationship Committee.

****Mr. Mudit Sehgal was appointed as Independent Director of the Company w.e.f 30^th September 2023 and after the resignation of Mr.Ranjan Srinath, Mr.Mudit Sehgal was appointed and elected as the Chairman of the following Committees Audit Committee, Nomination and Remuneration Committee, Stakeholder Relationship Committee & Risk Management Committee.

13. statutory disclosures

None of the Directors of your Company is disqualified for the financial year 2023-24 as per the provisions of Section 164 and 167 of the Companies Act, 2013 Act. The Directors of the Company have made necessary disclosures as required under various provisions of the Companies Act, 2013 and the SEBI (Listing Obligations and Disclosure Requirements), Regulations 2015.

14. public deposits

During the year under review, your Company did not invite /accept any deposits from public in terms of provisions of Section 73 of the Companies Act, 2013, read with the Companies (Acceptance of Deposits) Rules, 2014 and as such no amount on account of principal or interest on deposits from public was outstanding as on the date of the balance sheet.

Pursuant to the Companies (Acceptance of Deposits) Rules, 2014, the Company has filed requisite annual return in Form DPT-3 for outstanding receipt of money/loans which are not considered as deposits for financial year ended March 31,2024 with the Registrar of Companies (ROC).

15. corporate social responsibility

The provisions of Section 135 of the Companies Act, 2013 and Rules framed thereunder for Corporate Social Responsibility (CSR) are not applicable to your Company.

16. disclosure as per secretarial standards:

The company confirms the compliance of applicable Secretarial Standards throughout the year.

17. employeesâ stock option plan

Your company had not provided any employees stock options.

18. statutory auditors

M/s Sharma Goel & Co. LLP, Chartered Accountants, New Delhi (Firm Registration no. 000643N/N500012) were appointed as Statutory Auditors of your Company at the Annual General Meeting held on 26th September, 2021, for a term of five consecutive years. As per the provisions of Section 139 of the Companies Act, 2013, the appointment of Auditors is required to be ratified by Members at every Annual General Meeting. In accordance with the Companies Amendment Act, 2017, enforced on 7th May, 2018 by the Ministry of Corporate Affairs, the appointment of Statutory Auditors is not required to be ratified at every Annual General Meeting.

19. auditorâs report

Comments of the Auditors in their report and their notes forming part of the Accounts are self explanatory and need no comments. There is no qualification, reservation or adverse remark or disclaimer made by the auditor in his report for the period under review.

20. secretarial audit and the appointment of the secretarial auditors

The company has appointed M/s Sarika Jain & Associates, Company Secretaries (Firm Regn No. I2010DE725400) to hold the office of the Secretarial Auditors and to conduct the Secretarial Audit and to issue Secretarial Audit Report, as required under Section 204 of the Companies Act, 2013 and the Rules thereunder. The Secretarial Audit Report for the FY 2023-24 is being attached as Annexure II .

The Report contain the observation regarding Payment of adequate stamp duty and Registration of Lease Deed entered into with Mr. Govind Narain Seth for a period of 9 years.. The Board states that we are in the process of paying stamp duty and registration of the deed.

21. COST AUDITORS:

As the provisions of Section 148 of the Companies Act, 2013 are not applicable on the Company therefore Cost audit of the Company has not been conducted for the financial year 2023-24.

22. DIRECTORâS RESPONSIBILITY STATEMENT

In accordance with Sub-Section (5) Of Section 134 of the Companies Act, 2013, the Board of Directors of the company confirms and submits the Directors Responsibility Statement:

a) in the preparation of the annual accounts, the applicable accounting standards had been followed along with proper explanation relating to material departures;

b) the directors had 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 profit and loss of the company for that period;

c) the directors had 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;

d) the directors had prepared the annual accounts on a going concern basis; and

e) the directors, in the case of a listed company, had laid down internal financial controls to be followed by the company and that such internal financial controls are adequate and were operating effectively.

âInternal Financial Controlsâ means the policies and procedures adopted by the company for ensuring the orderly and efficient conduct of its business, including adherence to companyâs policies, the safeguarding of its assets, the prevention and detection of frauds and errors, the accuracy and completeness of the accounting records, and the timely preparation of reliable financial information.

(f) the directors had devised proper systems to ensure compliance with the provisions of all applicable laws and that such systems were adequate and operating effectively .

23. PERSONNEL

The company continued to have cordial relations with the employees.

24. management discussion and analysis report

A Management Discussion and Analysis as required under Regulation 34 of the SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015 is annexed as Annexure III and forming part of the Director Report.

25. TRAINING

A number of in-house programmers were conducted at the registered office during the year under review.

26. PARTICULARS OF CONTRACTS OR ARRANGMENTS WITH RELATED PARTIES

During the year under review, the Company entered into the transactions with related parties as defined under Section 2(76) of the Companies Act, 2013 read with Companies (Specification of Definitions Details) Rules, 2014 and provisions of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015, all of which were entered in the ordinary course of business and at armâs length basis.

The Company has entered into any contracts or arrangements with Related Party as referred to in Section 188 of the Companies Act, 2013 for the period under review. The Disclosure of Related Party Transactions in Form AOC-2 is annexed as Annexure IV.

The Policy on materiality of related party transactions and dealing with related party transactions as approved by the Board may be accessed on the Companyâs website at the link: www.mvmonevviews.com.

27. PARTICULARS OF EMPLOYEES

None of the employees of the Company fall within the purview of the limits as prescribed under Rule 5 (2) of the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014.

28. CORPORATE GOVERNANCE

As per the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, a separate Report on Corporate Governance practices followed by the Company, together with a Certificate from Ms. Sarika Jain, Proprietor of M/s Sarika Jain & Associates, Company Secretaries forms an integral part of this Report.

The Company has received certificate dated August 26, 2024, from Ms. Sarika Jain, Proprietor of M/s Sarika Jain & Associates, Company Secretaries, confirming that none of the Directors of the Company have been debarred or disqualified from being appointed or continuing as director of companies by the SEBI/Ministry of Corporate of Affairs or any such authority. The certificate forms an integral part of this Report.

The Board states that at the time of signing of this report all the Independent Directors were registered in the Independent Directorâs Databank

Further, as per the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, MD/CFO Certification confirming the correctness of the financial statements, adequacy of the internal control measures and reporting of matters to the Audit Committee forms an integral part of this Report.

29. TRANSFER TO GENERAL RESERVES

The Board of Directors of your company has decided not to transfer any amount to the Reserves for the year under review

30. internal control system and their ADEQUACY:

The Company has adequate system of internal control to safeguard and protect from loss, unauthorized use or disposition of its assets commensurate with its size, scale and complexities of its operations. The internal auditor of the company checks and verifies the internal control and monitors them in accordance with policy adopted by the company.

The Audit Committee of the Board of Directors actively reviews the adequacy and effectiveness of the internal control systems and suggests improvements to strengthen the same.

All the transactions are properly authorized, recorded and reported to the Management. The Company is following all the applicable Accounting Standards for properly maintaining the books of accounts and reporting financial statements.

31. nomination and remuneration policy:

Pursuant to Provisions of Section 178 of the Companies Act, 2013 and Regulation 19 of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015 and on the recommendation of the Nomination & Remuneration committee the Board had adopted policy for selection and appointment of Directors, Senior Management and their remuneration in the year 2014. The details of Remuneration Policy are stated in the Corporate Governance Report. The Nomination and Remuneration Policy is posted on the website of the Company.

32. RISK MANAGEMENT:

As per the Companies Act, 2013 and as part of good corporate governance the Company has constituted the Risk Management Committee. The Committee is required to lay down the procedures to inform to the Board about the risk assessment and minimization procedures and the Board shall be responsible for framing, implementing and monitoring the risk management plan and policy for the Company.

The main objective of this policy is to ensure sustainable business growth with stability and to promote a proactive approach in reporting, evaluating and resolving risks associated with the business. In order to achieve the key objective, the policy establishes a structured and disciplined approach to Risk Management, in order to guide decisions on risk related issues.

The Committee reviewed the risk trend, exposure and potential impact analysis carried out by the management. It was specifically confirmed to the Committee by the MD and the CFO that the mitigation plans are finalized and up to date, owners are identified and the progress of mitigation actions are monitored.

33. PERFORMANCE EVALUATION

Pursuant to the provisions of the Companies Act, 2013 and the SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015, a separate exercise was carried out to evaluate the performance of individual Directors including the Chairman of the Board who were evaluated on parameters such as level of engagement and contribution and independence of judgment thereby safeguarding the interest of the Company. The performance evaluation of the Independent Directors was carried out by the entire Board. The performance evaluation of the Chairman and the Non Independent Directors was carried out by the Independent Directors. The Board also carried out annual performance evaluation of the working of its Audit, Nomination and Remuneration as well as stakeholder relationship committee. The Directors expressed their satisfaction with the evaluation process.

34. BOARD EVALUATION:

Pursuant to the provisions of the Act and the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Board has carried out an annual evaluation of its performance, the Directors individually as well as the evaluation of the working of its Audit and Nomination & Remuneration Committees.

35. details of remuneration to directors & kmp

Particulars of employees

The information required under Section 197 of the Act read with rule 5(1) of the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014 are given below:

a. The ratio of the remuneration of each director to the median remuneration of the employees of the Company for the financial year:

S. No.	Name of Non-executive directors	Remuneration of Non-Executive Directors (in Rs.)	Ratio to median remuneration
1	RAJNI SETH	Nil	N.A.
2.	*RANJAN SRINATH	Nil	N.A.
3.	*SANDEEP GUPTA	Nil	N.A.
4.	VISHAL AGARWAL	Nil	N.A
5.	MUDIT SEHGAL	Nil	N.A

No.

Name of Executive directors

Remuneration of Executive Directors (In thousands)

Ratio to median remuneration

SANJAI SETH

1300.00

2.60

VIKAS SETH

835.00

1.67

* Mr. Sandeep Gupta and Mr. Ranjan Srinath has vacated the officer of Director w.e.f 15.02.2024

b. The percentage increase in remuneration of each director, chief executive officer, chief financial officer, company secretary in the financial year:

s. No.	Directors, Chief Executive Officer, Chief Financial Officer and Company Secretary	Remuneration of Director (in Thousands)	% increase/(decrease) in remuneration in the financial year
i.	SANJAI SETH (Whole Time Director & Chief Financial Officer)	1300.00	9.89
2.	VIKAS SETH (Managing Director)	835.00	1.46
3.	ANJALI CHOPRA (Company Secretary)	300.00	Nil

c. The percentage increase in the median remuneration of employees in the financial year: Thirty nine

d. There were nine employees on the rolls of Company.

e. The explanation on the relationship between average increase in remuneration and Company performance: Not Applicable

f. Comparison of the remuneration of the key managerial personnel against the performance of the Company:

Particulars	Amount (In Thousands)
Aggregate remuneration of key managerial personnel (KMP) in FY 2023-24	2435.00
Revenue	36,792.83
Remuneration of KMPs (as % of revenue)	6.61%
Profit/(Loss) before Tax (PBT)	22,125.31
Remuneration of KMP (as % of PBT)	11.00%

g. Variations in the market capitalisation of the Company, price earnings ratio as at the closing date of the current financial year and previous financial year:

Particulars	March 31, 2024	March 31, 2023	% Change
Market Capitalisation	25.94 Crore	14.72 Crore	76.22
Price Earnings Ratio	12.46	55.88	(77.70)

h. Percentage increase over decrease in the market quotations of the shares of the Company in comparison to the rate at which the Company came out with the last price of the previous year:

Particulars	March 31,2024	% Change (Increase)
Market Price (BSE)	15.44	71

	VIKAS SETH (Managing Director)	SANJAI SETH (Whole Time Director& CFO)	ANJALI CHOPRA (Company Secretary)
Remuneration in FY 2023-24 (In thousands)	835.00	1300.00	300.00
Revenue (In Thousands)	36,792.83	36,792.83	36,792.83
Remuneration as % of Revenue	2.26%	3.53%	0.81%
Profit before Tax (PBT) (In thousands)	22,125.31	22,125.31	22,125.31
Remuneration (as % of PBT)	3.77 %	5.87%	1.35%

j. The key parameters for any variable component of remuneration availed by the directors: Not Applicable

k. The ratio of the remuneration of the highest paid director to that of the employees who are not directors but receive remuneration in excess of the highest paid director during the year: None.

l. Affirmation that the remuneration is as per the remuneration policy of the Company:

The Company affirms remuneration is as per the remuneration policy of the Company.

m. The statement containing particulars of employees as required under Section 197(12) of the Act read with Rule 5(2) of the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014, is provided in a separate annexure forming part of this report. Further, the report and the accounts are being sent to the members excluding the aforesaid annexure. In terms of Section 136 of the Act, the said annexure is open for inspection at the Registered Office of the Company. Any shareholder interested in obtaining a copy of the same may write to the Company Secretary.

36. DETAILS OF APPLICATION MADE OR PROCEEDING PENDING UNDER INSOLVENCY AND BANKRUPTCY CODE,2016

During the year under review, there were no application made or proceedings pending in the name of the Company under the Insolvency Bankruptcy Code, 2016.

37. DETAILS OF DIFFERENCE BETWEEN VALUATION AMOUNT ON ONE TIME SETTLEMENT AND VALUATION WHILE AVAILING LOAN FROM BANKS AND FINANCIAL INSTITUTIONS

During the year under review, there has been no one time settlement of Loans taken from Banks and Financial Institution.

38. BOARD POLICIES/CODES

Pursuant to applicable provisions of the Companies Act, 2013 and the SEBI (LODR) Regulations, 2015, the details of the policies/codes approved and adopted by the Board are uploaded on Companyâs website: https://www. mymoneyviews.com/shareholders7.html

39. DISCLOSURES

i. audit committee

The Audit Committee Comprises two Non- Executive Directors and one Executive Director, all the Nonexecutive directors are Independent Director. Mr. MUDIT SEHGAL is the Chairman of the Audit Committee and Mr. VISHAL AGARWAL & Mr. SANJAI SETH are members of the committee. Mr. MUDIT SEHGAL is a Chartered Accountant and Practising in the field of Audit & Assurance for Companies ranging from Investment Companies, Hedge Funds etc The composition of the Audit Committee meets the requirements as per the Section 177 of the Companies Act, 2013 and the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

There are no recommendations of the Audit Committee which have not been accepted by the Board.

II. VIGIL MECHANISM / VIGIL MECHANISM POLICY

In order to ensure that the activities of the Company and its employees are conducted in a fair and transparent manner by adoption of highest standards of professionalism, honesty, integrity and ethical behavior of the company has adopted a vigil mechanism policy.

III. PARTICULARS OF LOANS, GUARANTEE OR INVESTMENTS UNDER SECTION 186:

Details of investments covered under section 186 of the Companies Act, 2013 is provided in the notes to the Financial Statements.

iv. significant and material orders passed by the regulators or courts

There are no significant material orders passed by the Regulators / Courts which would impact the going concern status of the Company and its future operations.

V. CONSERVATION OF ENERGY AND TECHNOLOGY ABSORPOTION

The Provisions of Section 134(3)(m) of the Companies Act, 2013 read with Rule 8 of Companies (Accounts) Rules, 2014 regarding Conservation of Energy and Technology Absorption do not apply as operations of your Company are not energy - intensive for the period under review. However, adequate measures have been taken to reduce energy consumption by using energy-efficient equipment incorporating the latest technology.

vi. material changes and commitments

There is no material change which may affect the financial position of the Company between the financial year and up to the date of this report.

VII. extract of annual return:

Annual Return pursuant to Section 92 (3) of the Companies Act, 2013, read with Section 134(3)(a) and rule 12(1) of the Company (Management & Administration) Rules, 2014 for the Financial Year ended 31st March 2024 is available on the Companyâs website i.e www.mvmonevviews.com

viii. foreign exchange earnings and outgo:

Foreign Exchange Earning: Rs. NIL (Previous Year Rs. NIL)

Foreign Exchange Outgo: Rs. NIL (Previous Year Rs. NIL)

IX. DISCLOSURE UNDER THE SEXUAL HARASSMENT OF WOMEN AT WORK PLACE (PREVENTION, prohibition and REDRESSAL) act, 2013:

The Company has in place an Anti-Sexual Harassment Policy in line with the requirements of the Sexual Harassment of Women at Workplace (Prevention, Prohibition and Redressal) Act, 2013. An Internal Complaints Committee (ICC) has been set up to redress complaints received regarding sexual harassment. All employees (permanent, contractual, temporary, trainees) are covered under this policy.

No complaints pertaining to sexual harassment were received during FY 2023-24.

40. acknowledgements

The Board expresses its sincere gratitude to the shareholders, bankers and clients for their continued support. The Board also wholeheartedly acknowledges with thanks the dedicated efforts of all the staff and employees of the Company.

By order of the Board For My Money Securities Ltd

Sd/- Sd/-

SANJAI SETH VIKAS SETH

Whole-Time Director & CFO Managing Director

DIN: 00350518 DIN: 00383194

Date : 29/08/2024 10-A, Under Hill Lane, 10-A, Under Hill Lane,

Place : Delhi Civil Lines Delhi-110 054 Civil Lines Delhi-110 054

Mar 31, 2018

The Members,

The Directors have pleasure in presenting the 27^th Annual Report of the Company with the Audited Financial Statements of Accounts and the Auditorâs Report of the Company for the period ended 31^st March, 2018. The Summarized Financial Results for the period ended 31^st March, 2018 are as under.

1. PERFORMANCE HIGHLIGHTS:

The performance highlights of the company for FY 2017-18 are furnished as under:-

S. NO.	PARTICULARS	YEAR ENDED 31^st MARCH, 2017	YEAR ENDED 31^st MARCH, 2018
1	Revenue from Operations	65,83,743	60,22,013
	Other Income	126,31,907	(29,15,274)
	Total Income	192,15,650	31,06,739
2	Total Expenditure	70,97,037	72,84,426
3	Profit ( ) / Loss (-) before Depreciation and Tax	121,18,613	(41,77,687)
4	Depreciation/ Amortisation	2,79,873	205,947
5	Profit ( )/ Loss (-) before Tax	118,38,740	(43,83,634)
6	Current tax	206,100	18,581
7	Deferred tax Liability/(Assets)	33,36,771	(12,76,630)
8	Earlier year Tax Expenses	5,504	1,485
9	Net Profit ( )/ Loss (-) after Tax	82,90,364	(31,27,069)
12	EPS (Basic) & (Diluted)	0.8290	(0.3127)

2. REVIEW OF OPERATIONS:

Your Company being a member of National Stock Exchange (NSE) and Metropolitan Stock Exchange of India Ltd. (MSEI-CURRENCYSEGMENT) is in broking business and total Revenue for the Financial Year 2017-18 stood at Rs.31,06,739/-. net loss is Rs.31,27,069/- as against the revenue of previous Financial Year which was Rs. 19215650/- net profit after tax was Rs. 82,90,364/- .The figure are not comparable as Ind AS (Indian Accounting Standard) has been applicable. The figures have been adjusted according to new accounting standard.

The business margins are under pressure due to rise in input costs including salaries and other marketing expenses going up with inflation. Business continues to be successful despite of several economic constraints for forming corporate relationships.

3. DIVIDEND

The Company cannot give dividend due to insufficient profit.

4. NUMBER OF MEETINGS OF THE BOARD

The Board of Directors duly met five times on 30^th May, 2017, 14^th August, 2017, 14^th November, 2017, 14^th February, 2018 and 22^nd March, 2018, in respect of which notices were given and the proceedings were recorded and signed in the Minutes Books maintained for the purpose.

5. SUBSIDIARIES

6. COMMITTEES OF THE BOARD

Currently, the Board is having four committees namely as Audit Committee, Stakeholders Relationship Committee, Nomination & Remuneration Committee and Risk Management Committee consists of independent directors.

The Composition of the committees as per the applicable provisions of the Act and Rules are as follows:

S.No.	Name of Committee	Name of Members of Committee
1	Audit Committee	Mr. Rajnish Khanna, Independent Director Mr. Vineet Gupta, Independent Director Mr. Sanjai Seth, Whole Time Director Mr. Pawan Chawla, CFO
2	Risk Management Committee	Mr. Rajnish Khanna, Independent Director Mrs. Rajni Seth, Director Mr. Sanjai Seth, Whole Time Director
3	Nomination & Remuneration Committee	Mr. Rajnish Khanna, Independent Director Mrs. Rajni Seth, Director Mr. Vineet Gupta, Independent Director
4	Stakeholders Grievances Committee	Mr. Rajnish Khanna, Independent Director Mr. Vineet Gupta, Independent Director Mr. Sanjai Seth, Whole Time Director

7. DISCLOSURE AS PER SECRETRIAL STANDARDS:

The company confirms the compliance of applicable Secretarial Standards throughout the year.

8. EMPLOYEESâ STOCK OPTION PLAN

Your company had not provided any employees stock options.

9. BOARD OF DIRECTORS AND KEY MANAGERIAL PERSONNEL OF THE COMPANY

The Board consists of executive & non- executive directors including independent directors who have wide and varied experience in different disciplines of corporate functioning.

In accordance with the provisions of Section 152 of the Companies Act, 2013 and pursuant to Regulation 17 (1A) of SEBI (Listing Obligations and Disclosures Requirements) (Amendment) Regulations, 2018 and that of Articles of Association of the Company, Mr. Sanjai Seth (DIN : 00350518), Director of the Company retires by rotation at this AGM of the Company and being eligible, they offer himself for re-appointment.

The Company has received declarations from all the Independent Directors confirming that they meet with the criteria of independence as laid down under Section 149 (6) of the Companies Act, 2013 and Regulation 16(1)(b) of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015. As stipulated under the Regulation 36(3) of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015, brief resume of the Director proposed to be re-appointed is given in the Notice.

10. STATUTORY AUDITORS

M/s Adiwise M.K. Associates, Chartered Accountants, New Delhi (Firm Registration no. 007180N) were appointed as Statutory Auditors of your Company at the Annual General Meeting held on 30th September, 2016, for a term of five consecutive years. As per the provisions of Section 139 of the Companies Act, 2013, the appointment of Auditors is required to be ratified by Members at every Annual General Meeting. In accordance with the Companies Amendment Act, 2017, enforced on 7th May, 2018 by the Ministry of Corporate Affairs, the appointment of Statutory Auditors is not required to be ratified at every Annual General Meeting.

11. AUDITORâS REPORT

Comments of the Auditors in their report and their notes forming part of the Accounts, are self explanatory and need no comments. There is no qualification, reservation or adverse remark or disclaimer made by the auditor in his report for the period under review.

12. MANAGEMENT VISION

Your Directors noted with satisfaction the performance of the Company in the current year. The outlook remains encouraging and it is expected that positive trend will continue in furthering the growth of the company.

13. SECRETARIAL AUDIT AND THE APPOINTMENT OF THE SECRETARIAL AUDITORS

The company has appointed M/s Sarika Jain & Associates, Company Secretaries (Certificate of Practice No. 8992) to hold the office of the Secretarial Auditors and to conduct the Secretarial Audit Report, as required under Section 204 of the Companies Act, 2013 and the Rules thereunder. The Secretarial Audit Report for the FY 2017-18 is being attached as Annexure I with the Directors Report which is explanatory.

14. COMMENTS OF SECRETRIAL AUDITOR REPORT

Comments of the Secretarial Auditors in their report and their notes forming part of the Accounts, are self-explanatory and need no comments except the following qualification, reservation made by the secretarial auditor in her report for the period under review.

Qualification	Management Reply
Delay in filing the Form MGT 14 (for Approval of Accounts for quarter and year ending 31/03/2017, Disclosure of Interest and appointment of Internal Auditor).	The delay was inadvertent and due to following reasons: a. Non Working of MCA Website. b. Non-Availability of Director who was authorized to affix DSC on the form.
Delay in filing the Form MGT 14 (for Approval of Accounts for quarter ending 30/06/2017 and approval of Directors Responsibility Statement and Board Report).	The delay was inadvertent and due to following reasons: a. Non Working of MCA Website. b. Non-Availability of Director who was authorized to affix DSC on the form
Delay in filing the Form AOC-4 (XBRL) [For Submission of filing of Balance Sheet and Statement of Profit & Loss]	The delay was inadvertent and due to non-availability of taxonomy for XBRL.

15. COST AUDITORS:

The Cost audit of the Company has not been conducted for the financial year 2017-18 as provisions of Section 148 of the Companies Act, 2013 are not applicable on the Company.

16. PUBLIC DEPOSIT

The Company neither invited nor accepted any Public Deposit in the year 2017-18. There are no small depositors in the company.

17. DIRECTORâS RESPONSIBILITY STATEMENT

In accordance with Sub-Section (5) Of Section 134 of the Companies Act, 2013, the Board of Directors of the company confirm and submit the Directors Responsibility Statement:

a) in the preparation of the annual accounts, the applicable accounting standards had been followed along with proper explanation relating to material departures;

d) the directors had prepared the annual accounts on a going concern basis; and

(f) the directors had devised proper systems to ensure compliance with the provisions of all applicable laws and that such systems were adequate and operating effectively .

18. PERSONNEL

The company continued to have cordial relations with the employees.

19. MANAGEMENT DISCUSSION AND ANALYSIS REPORT

A Management Discussion and Analysis as required under Regulation 34 of the SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015 is annexed and forming part of the Director Report.

20. SHARE CAPITAL

The Authorized share capital as on 31^st March, 2018 was Rs. 125,000,000/- and the issued, subscribed and paid-Up Equity Share Capital as on 31^st March, 2018 was Rs. 100,003,000/-. During the year under review, the Company has not issued shares with differential voting rights nor granted any stocks options or sweat equity. As on 31^st March, 2018 none of the Directors of the Company holds instrument convertible into equity shares of the Company.

The Board recommended to increase the authorized share capital from Rs. 12,50,00,000/- (Rupees Twelve crore fifty lacs) divided into 1,15,00,000 (One crore fifteen lacs) Equity shares of Rs. 10/- (Rupees Ten) each and 10,000 (Ten Thousand) Preference shares of Rs. 1000/- (Rupees one thousand) each to Rs. 22,50,00,000/- (Twenty two crore fifty lacs) divided into 2,15,00,000 (Two crore fifteen lacs) Equity shares of Rs. 10/- (Rupees Ten) each and 10,000 (Ten Thousand) Preference shares of Rs. 1000/- (Rupees one thousand) each.

21. TRAINING

A number of in-house programmers were conducted at registered office during the year under review.

22. PARTICULARS OF CONTRACTS OR ARRANGMENTS WITH RELATED PARTIES

The Company has entered into any contracts or arrangements with Related Party as referred to in Section 188 of the Companies Act, 2013 for the period under review.

Your Directors draw attention of the members to after the Notes i.e.to the note no. 26, to the financial statement which sets out related party disclosures. (ANNEXURE-II)

23. PARTICULARS OF EMPLOYEES

None of the employees of the Company fall within the purview of the limits as prescribed under Rule 5 (2) of the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014.

24. LISTING OF SHARES

The equity shares of the company are listed on BSE Ltd and BSE scrip code of the company is 538862. The company confirms that it paid the Annual Listing fee for the Financial Year 2017-2018 to BSE where the company shares are listed.

25. DEMATERIALISATION OF SHARES:

The company has already commenced the process of dematerlisation of shares. Any member wish to get his/her shares may get the shares dematerlisation.

26. CORPORATE GOVERNANCE:

As per the SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015, a separate Report on Corporate Governance practices followed by the Company, together with a Certificate from the Companyâs Auditors confirming compliance forms an integral part of this Report.

Further, as per the SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015, CEO/CFO Certification confirming the correctness of the financial statements, adequacy of the internal control measures and reporting of matters to the Audit Committee forms an integral part of this Report.

27. TRANSFER TO GENERAL RESERVES

No amount has been transferred to the General Reserves of the company during the period under review.

28. INTERNAL CONTROL SYSTEM AND THEIR ADEQUACY:

The Audit Committee of the Board of Directors actively reviews the adequacy and effectiveness of the internal control systems and suggests improvements to strengthen the same.

29. NOMINATION AND REMUNERATION POLICY:

Pursuant to Provisions of Section 178 of the Companies Act, 2013 and Regulation 19 of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015 and on the recommendation of the Nomination & Remuneration committee the Board had adopted policy for selection and appointment of Directors, Senior Management and their remuneration in the year 2014. The details of Remuneration Policy is stated in the Corporate Governance Report. The Nomination and Remuneration Policy is posted on the website of the Company.

30. RISK MANAGEMENT:

The main objective of this policy is to ensure sustainable business growth with stability and to promote a pro-active approach in reporting, evaluating and resolving risks associated with the business. In order to achieve the key objective, the policy establishes a structured and disciplined approach to Risk Management, in order to guide decisions on risk related issues.

The Committee reviewed the risk trend, exposure and potential impact analysis carried out by the management. It was specifically confirmed to the Committee by the MD & CEO and the CFO that the mitigation plans are finalized and up to date, owners are identified and the progress of mitigation actions are monitored.

31. PERFORMANCE EVALUATION

Pursuant to the provisions of the Companies Act, 2013 and the SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015, a separate exercise was carried out to evaluate the performance of individual Directors including the Chairman of the Board who were evaluated on parameters such as level of engagement and contribution and independence of judgment thereby safeguarding the interest of the Company. The performance evaluation of the Independent Directors was carried out by the entire Board. The performance evaluation of the Chairman and the Non Independent Directors was carried out by the Independent Directors. The board also carried out annual performance evaluation of the working of its Audit, Nomination and Remuneration as well as stakeholder relationship committee. The Directors expressed their satisfaction with the evaluation process.

32. BOARD EVALUATION;

Pursuant to the provisions of the Act and the SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015, the Board has carried out an annual evaluation of its performance, the Directors individually as well as the evaluation of the working of its Audit and Nomination & Remuneration Committees.

33. DETAILS OF REMUNERATION TO DIRECTORS & KMP Particulars of employees

The information required under Section 197 of the Act read with rule 5(1) of the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014 are given below:

a. The ratio of the remuneration of each director to the median remuneration of the employees of the Company for the financial year:

S. No.	Name of Non-executive directors	Remuneration of Non Executive Directors (in Rs.)	Ratio to median remuneration
1	Rajni Seth	Nil	N.A.
2.	Rajnish Khanna	Nil	N.A.
3.	Vineet Gupta	Nil	N.A.

S. No.	Name of Executive directors	Remuneration of Executive Directors (in Rs.)	Ratio to median remuneration
1	Sanjai Seth	10,48,000	2.69
2.	Vikas Seth	6,88,000	1.76

b. The percentage increase in remuneration of each director, chief executive officer, chief financial officer, company secretary in the financial year:

S. No.	Directors, Chief Executive Officer, Chief Financial Officer and Company Secretary	Remuneration of KMP (in Rs.)	% increase/(decrease) in remuneration in the financial year
1.	Sanjai Seth-Whole Time Director	10,48,000	4.80
2.	Vikas Seth-Managing Director	6,88,000	7.50
3.	Pawan Chawla-Chief Financial Officer	4,52,900	12.05
5.	Varun Kalra-Company Secretary	2,86,000	2.14

c. The percentage increase in the median remuneration of employees in the financial year: 10%

d. There were twelve permanent employees on the rolls of Company.

e. The explanation on the relationship between average increase in remuneration and Company performance:

Not Applicable

f. Comparison of the remuneration of the key managerial personnel against the performance of the Company:

Aggregate remuneration of key managerial personnel (KMP) in FY18	24,74,900
Revenue	31,06,739
Remuneration of KMPs (as % of revenue)	79.66
Profit/(Loss) before Tax (PBT)	(43,83,634)
Remuneration of KMP (as % of PBT)	Nil

g. Variations in the market capitalisation of the Company, price earnings ratio as at the closing date of the current financial year and previous financial year:

Particulars	March 31, 2018	March 31, 2017	% Change
Market Capitalisation	28.75 Crore	28.75 Crore	Nil
Price Earnings Ratio	Nil	35	Nil

h. Percentage increase over decrease in the market quotations of the shares of the Company in comparison to the rate at which the Company came out with the last price of the previous year:

Particulars	March 31, 2018	% Change
Market Price (BSE)	28.75	Nil

i. Comparison of each remuneration of the key managerial personnel against the performance of the Company:

	Vikas Seth (Managing Director)	Sanjai Seth (Whole Time Director)	Pawan Chawla (CFO)	Varun Kalra (C.S.)
Remuneration in FY18	6,88,000	10,48,000	4,52,900	2,86,000
Revenue	31,06,739	31,06,739	31,06,739	31,06,739
Remuneration as % of Revenue	22.15	33.73	14.58	9.21
Profit before Tax (PBT)	(43,83,634)	(43,83,634)	(43,83,634)	(43,83,634)
Remuneration (as % of PBT)	Nil	Nil	Nil	Nil

j. The key parameters for any variable component of remuneration availed by the directors: Not Applicable

k. The ratio of the remuneration of the highest paid director to that of the employees who are not directors but receive remuneration in excess of the highest paid director during the year: None.

l. Affirmation that the remuneration is as per the remuneration policy of the Company:

The Company affirms remuneration is as per the remuneration policy of the Company.

34. DISCLOSURES:

I. AUDIT COMMITTEE

The Audit Committee Comprises two Non- Executive Director and one Executive Director, all of Non-executive directors are Independent Director. Mr. Rajnish Khanna is the Chairman of the Audit Committee and Mr. Vineet Gupta & Mr. Sanjai Seth are members of the committee. Mr. Rajnish Khanna is Chartered Accountant. The Members process adequate knowledge of Accounts, Audit and Finance, among others. The composition of the Audit Committee meets the requirements as per the Section 177 of the Companies Act, 2013 and the SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015.

There are no recommendations of the Audit Committee which have not been accepted by the Board.

II. VIGIL MECHANISM / VIGIL MECHANISM POLICY

III. PARTICULARS OF LOANS, GUARANTEE OR INVESTMENTS UNDER SECTION 186:

The Company has not given any Loan, given any guarantee or provided security in connection with a Loan to any other body corporate or person and has not acquired by way of subscription, purchase or otherwise, the securities of any other body corporate.

IV. SIGNIFICANT AND MATERIAL ORDERS PASSED BY THE REGULATORS OR COURTS

There are no significant material orders passed by the Regulators / Courts which would impact the going concern status of the Company and its future operations.

V. CONSERVATION OF ENERGY AND TECHNOLOGY ABSORPOTION

The Provisions of Section 134(3)(m) of the Companies Act, 2013 read with Rule 8 of Companies (Accounts) Rules, 2014 regarding Conservation of Energy and Technology Absorption do not apply as operations of your Company are not energy - intensive for the period under review. However, Adequate measures have been taken to reduce energy consumption by using energy-efficient equipment incorporating the latest technology.

VI. MATERIAL CHANGES AND COMMITMENTS

There is no material change which may affect the financial position of the Company between the financial year and up to the date of this report.

VII. EXTRACT OF ANNUAL RETURN:

The Annual Return in Form MGT-9 as required under Section 92 and 134 (3) of the Companies Act, 2013 read with rules made thereunder, are placed on the website of the company having the www.mymoneyviews.com/ shareholders3.htm.

VIII. FOREIGN EXCHANGE EARNINGS AND OUTGO:

Foreign Exchange Earning: Rs. NIL (Previous Year Rs. NIL )

Foreign Exchange Outgo: Rs. NIL (Previous Year Rs. NIL )

IX. DISCLOSURE UNDER THE SEXUAL HARASSMENT OF WOMEN AT WORK PLACE (PREVENTION, PROHIBITION AND REDRESSAL) ACT, 2013:

No complaints pertaining to sexual harassment were received during FY 2017-18.

35. ADOPTION OF INDIAN ACCOUNTING STANDARD (IND AS)

The Ministry of Corporate Affairs vide notification dated 16 February, 2015 made it mandatory in a phased manner for adoption and applicability of Indian Accounting Standards (Ind AS) for companies other than Banking, Insurance and Non-Banking Finance Companies. Rule 4 of the Companies (Indian Accounting Standards) Rules, 2015 specifies the classes of companies which shall comply with the Ind AS in preparation of the financial statements. In accordance with clause (iii) of sub rule (1) of the Rule 4 of the Companies (Indian Accounting Standards) Rules 2015, the compliance of Indian Accounting Standards was applicable and mandatory to the company for the accounting period beginning from 1^st April, 2017.

The financial statements for the year under review have been prepared in accordance with the Ind AS including the comparative information for the year ended 31^st March, 2017 as well as the financial statements on the date of transition i.e. 1^st April, 2016.

36. ACKNOWLEDGEMENTS

For and on behalf of the Board

My Money Securities Limited

Sd/- Sd/-

Sanjai Seth Vikas Seth

Whole Time Director Managing Director

DIN: 00350518 DIN: 00383194

Place : Delhi ADD: 10-A, Under Hill Lane, ADD: 10-A, Under Hill Lane,

Dated : 14/08/2018 Civil Lines Delhi-110 054 Civil Lines Delhi-110 054

Mar 31, 2016

DIRECTORâS REPORT

The Members,

The Directors have pleasure in presenting the 25^th Annual Report of the Company with the Audited Financial Statements of Accounts and the Auditor''s Report of the Company for the period ended 31^st March, 2016. The Summarized Financial Results for the period ended 31^st March, 2016 are as under.

1. PERFORMANCE HIGHLIGHTS

The performance highlights of the company for FY 2015-16 are furnished as under:-

S. NO.	PARTICULARS	YEAR ENDED 31^st MARCH, 2016	YEAR ENDED 31^st MARCH, 2015
1	Revenue from Operations	63,60,622	83,70,348
	Other Income	14,25,739	9,86,355
	Total Income	77,86,361	93,56,703
2	Total Expenditure	69,09,069	80,75,151
3	Profit ( ) / Loss (-) before Interest, Depreciation and Tax	8,77,292	12,81,552
4	Depreciation/ Amortization	2,71,085	4,59,636
5	Profit ( )/ Loss (-) before Tax	6,06,207	8,21,916
6	Current tax	1,75,970	3,46,840
7	Deferred tax Liability/(Assets)	(12,582)	(92,860)
8	Earlier year Tax Expenses	11,768	6,263
9	Net Profit ( )/ Loss (-) after Tax	4,31,051	5,61,673
11	Profit b/f from Last Year (Reserve)	50,81,105	45,19,432
11	Profit carried to Balance Sheet	55,12,156	50,81,105
12	EPS (Basic) & (Diluted)	0.043	0.056

2. REVIEW OF OPERATIONS:

Your Company being a member of National Stock Exchange (NSE) and Metropolitan Stock Exchange of India Ltd. (MCX-SX-Currency SEGMENT) is in broking business and total Revenue for the Financial Year 2015-16 stood at Rs.77,86,361/-. net profit after tax is Rs.4,31,051/- as against the revenue of previous Financial Year which was Rs. Rs.93,56,703/- net profit after tax was Rs. 5,61,673/- .Your company continued to retain its clients despite competitive and digitization in this rapidly-growing market.

3. DIVIDEND

As the Company wants to invest it profits for the growth and expansion of the Company therefore, the Board of Directors has decided not to declare any dividend for this financial year.

4. NUMBER OF MEETINGS OF THE BOARD

The Board of Directors duly met Seven times on 30^th May, 2015, 14^th August 2015, 28^th October, 2015, 14^th November, 2015, 26^th December, 2015, 13^th February, 2016, and 21^st March, 2016 in respect of which notices were given and the proceedings were recorded and signed in the Minutes Books maintained for the purpose.

5. SUBSIDIARIES

The company is not having any subsidiary company. Therefore, no information is required to furnished under Section 129 of the Companies Act, 2013 read with relevant rules.

6. COMMITTEES OF THE BOARD

The Composition of the committees as per the applicable provisions of the Act and Rules are as follows:

S.No.	Name of Committee	Name of Members of Committee
1	Audit Committee	Mr. Rajnish Khanna, Independent Director Mr. Vineet Gupta, Independent Director Mr. Sanjai Seth, Whole Time Director Mr. Pawan Chawla, CFO
2	Risk Management Committee	Mr. Rajnish Khanna, Independent Director Mrs. Rajni Seth, Director Mr. Vineet Gupta, Independent Director
3	Nomination & Remuneration Committee	Mr. Rajnish Khanna, Independent Director Mrs. Rajni Seth, Director Mr. Sanjai Seth, Whole Time Director
4	Stakeholders Grievances Committee	Mr. Rajnish Khanna, Independent Director Mr. Vineet Gupta, Independent Director Mr. Sanjai Seth, Whole Time Director

7. DISCLOSURE AS PER SECRETRIAL STANDARDS:

a. DISCLOSURE AS PER SECRETRIAL STANDARD 1 Board Meeting

S.No.	Date of Meeting	Name of Directors/ KMP Present	Name of Director Absent
1	30^th May, 2015	Mr. Sanjai Seth Mr. Vikas Seth Mrs. Rajni Seth Mr. Rajnish Khanna Mr.Varun Kalra Mr. Pawan Chawla	Mr. Vineet Gupta
2	14^th August, 2015	Mr. Sanjai Seth Mr. Vikas Seth Mrs. Rajni Seth Mr. Rajnish Khanna Mr.Varun Kalra Mr. Pawan Chawla	Mr. Vineet Gupta
3	28^th October, 2015	Mr. Vineet Gupta Mr. Sanjai Seth Mr. Vikas Seth Mrs. Rajni Seth Mr. Rajnish Khanna Mr.Varun Kalra Mr. Pawan Chawla	Nil
4	14^th November, 2015	Mr. Sanjai Seth Mr. Vikas Seth Mrs. Rajni Seth Mr. Rajnish Khanna Mr.Varun Kalra Mr. Pawan Chawla	Mr. Vineet Gupta

S.No.	Date of Meeting	Name of Directors/ KMP Present	Name of Director Absent
5	26^th December, 2015	Mr. Sanjai Seth Mr. Vikas Seth Mrs. Rajni Seth Mr. Rajnish Khanna Mr.Varun Kalra Mr. Pawan Chawla	Mr. Vineet Gupta
6	13^th February, 2016	Mr. Vineet Gupta Mr. Sanjai Seth Mr. Vikas Seth Mrs. Rajni Seth Mr. Rajnish Khanna Mr.Varun Kalra Mr. Pawan Chawla	Nil
7	21^st March, 2016	Mr. Vineet Gupta Mr. Sanjai Seth Mr. Vikas Seth Mrs. Rajni Seth Mr. Rajnish Khanna Mr.Varun Kalra Mr. Pawan Chawla	Nil
Audit Committee
S.No.	Date of Meeting	Name of Member Present	Name of Member Absent
1	30^th May, 2015	Mr. Rajnish Khanna Mr. Sanjai Seth	Mr. Vineet Gupta
2	14^th August, 2015	Mr. Rajnish Khanna Mr. Sanjai Seth	Mr. Vineet Gupta
3	14^th November, 2015	Mr. Rajnish Khanna Mr. Sanjai Seth	Mr. Vineet Gupta
4	13^th February, 2016	Mr. Rajnish Khanna Mr. Sanjai Seth Mr. Vineet Gupta	Nil
Risk Management Committee
S.No.	Date of Meeting	Name of Member Present	Name of Member Absent
1	30^th May, 2015	Mr. Rajnish Khanna Mr. Sanjai Seth Mrs. Rajni Seth	Nil
2	14^th August, 2015	Mr. Rajnish Khanna Mr. Sanjai Seth Mrs. Rajni Seth	Nil
3	14^th November, 2015	Mr. Rajnish Khanna Mr. Sanjai Seth Mrs. Rajni Seth	Nil
4	13^th February, 2016	Mr. Rajnish Khanna Mr. Sanjai Seth Mrs. Rajni Seth	Nil

Nomination & Remuneration Committee

S.No.	Date of Meeting	Name of Member Present	Name of Member Absent
1	14^th August, 2015	Mr. Rajnish Khanna Mrs. Rajni Seth	Mr. Vineet Gupta

Stakeholders Grievances Committee

S.No.	Date of Meeting	Name of Member Present	Name of Member Absent
1	30^th May, 2015	Mr. Rajnish Khanna Mr. Sanjai Seth	Mr. Vineet Gupta
2	14^th August, 2015	Mr. Rajnish Khanna Mr. Sanjai Seth	Mr. Vineet Gupta
3	14^th November, 2015	Mr. Rajnish Khanna Mr. Sanjai Seth	Mr. Vineet Gupta
4	13^th February, 2016	Mr. Rajnish Khanna Mr. Sanjai Seth Mr. Vineet Gupta	Nil

b. DISCLOSURE AS PER SECRETRIAL STANDARD 2 Location and time of Last Three General Meetings:

Year	Venue	Type of Meeting	Date	Time
2015-16	10-A, Under Hill Lane, Civil Lines, New Delhi-110054	Annual General Meeting	30/09/2015	11:00 AM
2014-15	10-A, Under Hill Lane, Civil Lines, New Delhi-110054	Annual General Meeting	30/09/2014	11.00 A.M.
2013-14	10-A, Under Hill Lane, Civil Lines, New Delhi-110054	Annual General Meeting	30/09/2013	11.00 A.M.

8. EMPLOYEESâ STOCK OPTION PLAN

Your company had not provided any employees stock options.

9. BOARD OF DIRECTORS AND KEY MANAGERIAL PERSONNEL OF THE COMPANY

The Board consists of executive & non- executive directors including independent directors who have wide and varied experience in different disciplines of corporate functioning.

In accordance with the provisions of Section 152 of the Companies Act, 2013 and that of Articles of Association of the Company, Mr. Sanjai Seth (DIN 00350518), Director of the Company retires by rotation at this AGM of the Company and being eligible, they offer himself for re-appointment.

It is also proposed to the shareholders to re-appoint Mr. Sanjai Seth (DIN: 00350518), as the Whole Time Director of the company, for the period of 5 years i.e. from November 1 2016 to October 31, 2021.

During the year Mr. Vikas Seth (DIN: 00383194) was re-appointed as Managing Director for the period of 5 years i.e. from October 1, 2015 to September 30, 2020.

The Company has received declarations from all the Independent Directors confirming that they meet with the criteria of independence as prescribed both under Section 149 (6) of the Companies Act, 2013 and as per Listing Agreement with the BSE.

10. STATUTORY AUDITORS

In pursuance to the provisions of the Companies Act, 2013 and Listing Agreement with the BSE, your Directors request that the appointment of M/s Adiwise M.K. & Associates, Chartered Accountants, New Delhi (Firm Registration no. 007180N) as the Statutory Auditor for the period of 5 years commencing from the FY 2016-17 to FY 2020-21 subject to ratification of appointment in each Annual general Meeting, in place of retiring Auditors, M/s. Prem Amar And Co., Chartered Accountants (FRN: 009636N).

M/s Adiwise M.K. & Associates, Chartered Accountants, New Delhi (Firm Registration no. 007180N) offers themselves eligible for appointment. The company has received a certificate from the auditors to the effect that their appointment if made, would be in accordance with the provisions of section 141 of the Companies Act, 2013, read with Companies (Audit and Auditors) Rules, 2014.

11. AUDITORâS REPORT

12. MANAGEMENT VISION

13. SECRETARIAL AUDIT AND THE APPOINTMENT OF THE SECRETARIAL AUDITORS

The company has appointed M/s Sarika Jain & Associates, Company Secretaries (Certificate of Practice No. 8992) to hold the office of the Secretarial Auditors and to conduct the Secretarial Audit Report, as required under Section 204 of the Companies Act, 2013 and the Rules there under. The Secretarial Audit Report for the FY 2015-16 is being attached as Annexure A with the Directors Report which is explanatory.

14. COMMENTS OF SECRETRIAL AUDITOR REPORT

Qualification Management Reply

Delay in filing the Form MGT 14 (for Approval of Annual The delay was inadvertent and due to following Accounts & Approval of financials for quarter ending 30^th June reasons: 2015 & approval of Directors Responsibility Statement and a. Non Working of MCA Website. B_oard R_ep_ort). b. Non-Availability of Director who was authorized to affix DSC on the form.

Non-Filing of Form MGT 10 for change in shareholding of top ^{The details for transmission of shares were not} 10 _sh_areh_old_ers. received with proper documents and on time.

15. PUBLIC DEPOSIT

The Company neither invited nor accepted any Public Deposit in the year 2015-16. There are no small depositors in the company.

16. DIRECTORâS RESPONSIBILITY STATEMENT

In accordance with Sub-Section (5) Of Section 134 of the Companies Act, 2013 the Board of Directors of the company confirm and submit the Directors Responsibility Statement::

a) in the preparation of the annual accounts, the applicable accounting standards had been followed along with proper explanation relating to material departures;

d) the directors had prepared the annual accounts on a going concern basis; and

âInternal Financial Controlsâ means the policies and procedures adopted by the company for ensuring the orderly and efficient conduct of its business, including adherence to company''s policies, the safeguarding of its assets, the prevention and detection of frauds and errors, the accuracy and completeness of the accounting records, and the timely preparation of reliable financial information.

(f) the directors had devised proper systems to ensure compliance with the provisions of all applicable laws and that such systems were adequate and operating effectively .

17. PERSONNEL

The company continued to have cordial relations with the employees.

18. MANAGEMENT DISCUSSION AND ANALYSIS REPORT

19. SHARE CAPITAL

The Authorized share capital as on 31^st March, 2016 was Rs. 125,000,000/- and the issued, subscribed and paid-Up Equity Share Capital as on 31^st March, 2016 was Rs. 100,003,000/-. During the year under review, the Company has not issued shares with differential voting rights nor granted any stocks options or sweat equity. As on 31^st March, 2016 none of the Directors of the Company holds instrument convertible into equity shares of the Company.

20. TRAINING

A number of in-house programmers were conducted at registered office during the year under review.

21. PARTICULARS OF CONTRACTS OR ARRANGMENTS WITH RELATED PARTIES

The Company has entered into any contracts or arrangements with Related Party as referred to in Section 188 of the Companies Act, 2013 for the period under review.

The Policy on materiality of related party transactions and dealing with related party transactions as approved by the Board may be accessed on the Company''s website at the link: www.mymoneyviews.com.

Your Directors draw attention of the members to after the Notes i.e.to the note no. 25, to the financial statement which sets out related party disclosures. (ANNEXURE-B)

22. PARTICULARS OF EMPLOYEES

None of the employees of the Company fall within the purview of the limits as prescribed under Rule 5 (2) of the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014.

23. LISTING OF SHARES

The equity shares of the company are listed on BSE Ltd and BSE scrip code of the company is 538862. The company confirms that it paid the Annual Listing fee for the Financial Year 2016-2017 to BSE where the company shares are listed.

24. DEMATERIALISATION OF SHARES:

The company has already commenced the process of dematerlisation of shares. Any member wish to get his/her shares may get the shares dematerlisation.

25. CORPORATE GOVERNANCE:

As per the SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015, a separate Report on Corporate Governance practices followed by the Company, together with a Certificate from the Company''s Auditors confirming compliance forms an integral part of this Report.

26. TRANSFER TO GENERAL RESERVES

No amount has been transferred to the General Reserves of the company during the period under review.

27. INTERNAL CONTROL SYSTEM AND THEIR ADEQUACY:

The Audit Committee of the Board of Directors actively reviews the adequacy and effectiveness of the internal control systems and suggests improvements to strengthen the same.

28. NOMINATION AND REMUNERATION POLICY:

The Board has, on the recommendation of the Nomination & Remuneration committee framed a policy for selection and appointment of Directors, Senior Management and their remuneration. The Remuneration Policy is stated in the Corporate Governance Report.

29. RISK MANAGEMENT:

30. PERFORMANCE EVALUATION

Pursuant to the provisions of the Companies Act, 2013 and the SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015, a separate exercise was carried out to evaluate the performance of individual Directors including the Chairman of the Board who were evaluated on parameters such as level of engagement and contribution and independence of judgment thereby safeguarding the interest of the Company. The performance evaluation of the Independent Directors was carried out by the entire Board. The performance evaluation of the Chairman and the Non Independent Directors was carried out by the Independent Directors. The board also carried out annual performance evaluation of the working of its Audit, Nomination and Remuneration as well as stakeholder relationship committee. The Directors expressed their satisfaction with the evaluation process.

31. BOARD EVALUATION:

32. DETAILS OF REMUNERATION TO DIRECTORS & KMP Particulars of employees

The information required under Section 197 of the Act read with rule 5(1) of the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014 are given below:

a. The ratio of the remuneration of each director to the median remuneration of the employees of the Company for the financial year:

S. No.	Name of Non-executive directors	Remuneration of Non Executive Directors (in Rs.)	Ratio to median remuneration
1.	Rajni Seth	Nil	N.A.
2.	Rajnish Khanna	Nil	N.A.
3.	Vineet Gupta	Nil	N.A.

S. No.	Name of Executive directors	Remuneration of Executive Directors (in Rs.)	Ratio to median remuneration
1	Sanjai Seth	10,68,000	3.24
2.	Vikas Seth	5,58,000	1.69

b. The percentage increase in remuneration of each director, chief executive officer, chief financial officer, company secretary in the financial year:

S. No.	Directors, Chief Executive Officer, Chief Financial Officer and Company Secretary	Remuneration of Directors (in Rs.)	% increase/(decrease) in remuneration in the financial year
1.	Sanjai Seth-Whole Time Director	10,68,000	11.89
2.	Vikas Seth-Managing Director	5,58,000	(6.14)
3.	Pawan Chawla-Chief Financial Officer	4,09,700	0.94
4.	Varun Kalra-Company Secretary	2,40,000	Nil

c. The percentage increase in the median remuneration of employees in the financial year: Nil

d. There were twelve permanent employees on the rolls of Company.

e. The explanation on the relationship between average increase in remuneration and Company performance:

Not Applicable

f. Comparison of the remuneration of the key managerial personnel against the performance of the Company:

Aggregate remuneration of key managerial personnel (KMP) in FY16	22,75,700
Revenue	77,86,361
Remuneration of KMPs (as % of revenue)	29.23
Profit before Tax (PBT)	6,06,207
Remuneration of KMP (as % of PBT)	375.40

g. Variations in the market capitalization of the Company, price earnings ratio as at the closing date of the current financial year and previous financial year:

Particulars	March 31, 2016	March 31, 2015	% Change
Market Capitalization	30 Crore	28 Crores	7%
Price Earnings Ratio	703	500	40%

h. Percentage increase over decrease in the market quotations of the shares of the Company in comparison to the rate at which the Company came out with the last public offer:

Particulars	March 31, 2016	% Change
Market Price (BSE)	30.25	8%

i. Comparison of each remuneration of the key managerial personnel against the performance of the Company:

	Vikas Seth (Managing Director)	Sanjai Seth (Whole Time Director)	Pawan Chawla (CFO)	Varun Kalra (C.S.)
Remuneration in FY16	5,58,000	10,68,000	4,09,700	2,40,000
Revenue	77,86,361	77,86,361	77,86,361	77,86,361
Remuneration as % of Revenue	7.17	13.72	5.26	3.08
Profit before Tax (PBT)	6,06,207	6,06,207	6,06,207	6,06,207
Remuneration (as % of PBT)	92.05	176.18	67.58	39.59

j. The key parameters for any variable component of remuneration availed by the directors: Not Applicable

k. The ratio of the remuneration of the highest paid director to that of the employees who are not directors but receive remuneration in excess of the highest paid director during the year: None.

l. Affirmation that the remuneration is as per the remuneration policy of the Company:

The Company affirms remuneration is as per the remuneration policy of the Company.

33. DISCLOSURES:

I. AUDIT COMMITTEE

There are no recommendations of the Audit Committee which have not been accepted by the Board.

II. VIGIL MECHANISM / VIGIL MECHANISM POLICY

III. PARTICULARS OF LOANS, GUARANTEE OR INVESTMENTS UNDER SECTION 186:

IV. SIGNIFICANT AND MATERIAL ORDERS PASSED BY THE REGULATORS OR COURTS

There are no significant material orders passed by the Regulators / Courts which would impact the going concern status of the Company and its future operations.

V. CONSERVATION OF ENERGY AND TECHNOLOGY ABSORPOTION

The Provisions of Section 134(3)(m) of the Companies Act, 2013 read with Rule 8 of Companies (Accounts) Rules,

2014 regarding Conservation of Energy and Technology Absorption do not apply as operations of your Company are not energy - intensive for the period under review. However, Adequate measures have been taken to reduce energy consumption by using energy-efficient equipment incorporating the latest technology.

VI. MATERIAL CHANGES AND COMMITMENTS

There is no material change which may affect the financial position of the Company between the financial year and up to the date of this report.

VII. EXTRACT OF ANNUAL RETURN:

The details forming part of the extract of Annual Return in Form MGT-9 as required under Section 92 and 134 (3) of the Companies Act, 2013 read with rules made thereunder, forms an integral part of this Report as â(ANNEXURE C)â.

VIII. FOREIGN EXCHANGE EARNINGS AND OUTGO:

Foreign Exchange Earning: Rs. NIL (Previous Year Rs. NIL )

Foreign Exchange Outgo: Rs. NIL (Previous Year Rs. NIL )

IX. DISCLOSURE UNDER THE SEXUAL HARASSMENT OF WOMEN AT WORK PLACE (PREVENTION, PROHIBITION AND REDRESSAL) ACT, 2013:

No complaints pertaining to sexual harassment were received during FY 2015-16.

34. ACKNOWLEDGEMENTS

For and on behalf of the Board

My Money Securities Limited

Sd/- Sd/-

Sanjai Seth Vikas Seth

Whole Time Director Managing Director

DIN: 00350518 DIN: 00383194

Place : Delhi ADD: 10-A, Under Hill Lane, ADD: 10-A, Under Hill Lane,

Dated: 13/08/2016 Civil Lines Delhi-110 054 Civil Lines Delhi-110 054

Mar 31, 2015

Dear Members,

The Directors have pleasure in presenting the 24th Annual Report of the Company with the Audited Financial Statements of Accounts and the Auditor's Report of the Company for the period ended 31st March, 2015. The Summarized Financial Results for the period ended 31st March, 2015 are as under.

1. PERFORMANCE HIGHLIGHTS

The performance highlights of the company for FY 2014-15 are furnished as under:-

S. Particulars Year Ended Year Ended No. March 31, March 31, 2015 2014

1 Revenue from Operations 83,70,348 53,32,481

Other Income 9,86,355 9,47,666

Total Income 93,56,703 62,80,147

2 Total Expenditure 74,77,577 43,37,711

3 Profit ( ) / Loss (-) before Interest, Depreciation and Tax 18,79,126 19,42,436

4 Finance Cost 5,97,574 6,80,164

5 Depreciation/ Amortisation 4,59,636 2,54,899

6 Profit ( )/ Loss (-) before Tax 8,21,916 10,07,373

7 Current tax 3,46,840 3,38,090

8 Deferred tax Liability/(Assets) (92,860) (26,812)

9 Earlier year Tax Expenses 6,263 12,741

10 Net Profit ( )/ Loss (-) after Tax 5,61,673 6,83,354

11 Profit b/f from Last Year (Reserve) 45,19,432 38,36,078

12 Profit carried to Balance Sheet 50,81,105 45,19,432

13 EPS (Basic) & (Diluted) 0.056 0.068

2. REVIEW OF OPERATIONS:

Your Company being a member of National Stock Exchange (NSE) and Metropolitan Stock Exchange of India Limited (MCX-SX-CURRENCYSEGMENT) is in broking business and total Revenue for the Financial Year 2014-15 stood at Rs.93,56,703/-. net profit after tax is Rs.5,61,673/- as against the revenue of previous Financial Year which was Rs.62,80,147. net profit after tax was Rs.683354/-. Your company continued to strengthen its position in this rapidly-growing market.

The business has performed well with the productivity gains, growth in volumes and sustained margins not with standing rise in input costs including salary. Business continues to be successful despite of several economic constraints. The performance had established a new milestone for the company.

3. DIVIDEND

As the Company wants to invest it profits for the growth and expansion of the Company therefore, the Board of Directors has decided not to declare any dividend for this financial year.

4. NUMBER OF MEETINGS OF THE BOARD

The Boards of Directors duly met Nine times on 30th May, 2014, 21st June, 2014, 30th June, 2014, 13th August 2014, 1st November 2014, 14th November, 2014, 18th December, 2014, 14th February, 2015, and 20th March, 2015 in respect of which notices were given and the proceedings were recorded and signed in the Minutes Books maintained for the purpose.

5. SUBSIDIARIES

The company is not having any subsidiary company. Therefore, no information is required to furnished under Section 129 of the Companies Act, 2013 read with relevant rules.

6. EMPLOYEES' STOCK OPTION PLAN

Your company had not provided any employees stock options.

7. BOARD OF DIRECTORS AND KEY MANAGERIAL PERSONNEL OF THE COMPANY

The Board consists of executive & non- executive directors including independent directors who have wide and varied experience in different disciplines of corporate functioning.

In accordance with the provisions of Section 152 of the Companies Act, 2013 and that of Articles of Association of the Company, Mrs. Rajni Seth, Director of the Company retires by rotation at this AGM of the Company and being eligible, they offer herself for re-appointment.

It is proposed to the shareholders to re-appoint Mr. Vikas Seth, as the Managing Director of the company, for the period of 5 years i.e. from October 1.2015 to September 30, 2020.

During the year following Key Managerial Personnel resigned and appointed in the Company.

* Mr. Pawan Chawla, appointed as CFO with effect from 13th August, 2014.

* Mr. Jaspinder Singh Saluja, Company Secretary resigned with effect from 1st November, 2014.

* Mr. Varun Kalra, appointed as Company Secretary with effect from 1st November, 2014.

The Company has received declarations from all the Independent Directors confirming that they meet with the criteria of independence as prescribed both under Section 149 (6) of the Companies Act, 2013 under Clause 49 of the Listing Agreement with the BSE.

8. COMMITTEES OF THE BOARD

Currently, the Board is having four committees namely as Audit Committee, Stakeholders Relationship Committee, Nomination & Remuneration Committee and Risk Management Committee consists of independent directors.

The Composition of the committees as per the applicable provisions of the Act and Rules are as follows:

S. Name of Committee Name of Members of Committee No.

1. Audit Committee Mr. Rajnish Khanna, Mr. Sanjai Seth & Mr. Vineet Gupta

2. Stakeholder's Relationship Mr. Rajnish Khanna, Mr. Sanjai Seth Committee & Mr. Vineet Gupta

3. Nomination And Remuneration Mr. Rajnish Khanna, Mrs. Rajni Seth Committee & Mr. Vineet Gupta

4. Risk Management Committee Mr. Rajnish Khanna, Mrs. Rajni Seth & Mr. Sanjai Seth

9. STATUTORY AUDITORS

Your Directors request that the appointment of M/s. Prem Amar And Co., Chartered Accountants (FRN: 009636N), needs to be ratified at their Annual General Meeting and being eligible offers themselves for re-appointment. The company has received a certificate from the auditors to the effect that their re-appointment if made, would be in accordance with the provisions of section 141 of the Companies Act, 2013, read with Companies (Audit and Auditors) Rules, 2014.

10. AUDITOR'S REPORT

Comments of the Auditors in their report and their notes forming part of the Accounts, are self explanatory and need no comments. There is no qualification, reservation or adverse remark or disclaimer made by the auditor in his report for the period under review.

11. MANAGEMENT VISION

Your Directors noted with satisfaction the performance of the Company in the current year. The outlook remains encouraging and it is expected that positive trend will continue in furthering the growth of the company.

12. SECRETARIAL AUDIT AND THE APPOINTMENT OF THE SECRETARIAL AUDITORS

The company has appointed M/s Sarika Jain & Associates, Company Secretaries (Certificate of Practice No. 8992) to hold the office of the Secretarial Auditors and to conduct the Secretarial Audit Report, as required under Section 204 of the Companies Act, 2013 and the Rules thereunder. The Secretarial Audit Report for the FY 2014-15 is being attached with the Directors Report which is explanatory and needs no comments. (ANNEXURE-A)

13. PUBLIC DEPOSIT

The Company neither invited nor accepted any Public Deposit in the year 2014-15. There are no small depositors in the company.

14. DIRECTOR'S RESPONSIBILITY STATEMENT

In accordance with Sub-Section (5) Of Section 134 of the Companies Act, 2013 the Board of Directors of the company confirm and submit the Directors Responsibility Statement::

a) in the preparation of the annual accounts, the applicable accounting standards had been followed along with proper explanation relating to material departures;

b) the directors had 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 profit and loss of the company for that period;

c) the directors had 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;

d) the directors had prepared the annual accounts on a going concern basis; and

e) the directors, in the case of a listed company, had laid down internal financial controls to be followed by the company and that such internal financial controls are adequate and were operating effectively.

"Internal Financial Controls" means the policies and procedures adopted by the company for ensuring the orderly and efficient conduct of its business, including adherence to company's policies, the safeguarding of its assets, the prevention and detection of frauds and errors, the accuracy and completeness of the accounting records, and the timely preparation of reliable financial information.

(f) the directors had devised proper systems to ensure compliance with the provisions of all applicable laws and that such systems were adequate and operating effectively .

15. PERSONNEL

The company continued to have cordial relations with the employees.

16. CORPORATE GOVERNANCE

Your company is committed to good Corporate Governance Practices and the following guidelines prescribed by the SEBI and the Stock Exchanges from time to time. The company has implemented all of its major stipulations as applicable to the company. The Statutory Auditors Certificate dated 14th August, 2015 in accordance with Clause 49 of the Listing Agreement and the report on the Corporate Governance is annexed to & forming part of the Directors Report.

Mr. Vikas Seth, Managing Director and Mr. Pawan Chawla, CFO have given a certificate to the Board as contemplated in sub clause V of Clause 49 of the Listing Agreement.

17. MANAGEMENT DISCUSSION AND ANALYSIS REPORT

A Management Discussion and Analysis as required under Clause 49 of the Listing Agreement is annexed and forming part of the Director Report.

18. SHARE CAPITAL

The Authorized share capital as on 31st March, 2015 was Rs. 125,000,000/- and the issued, subscribed and paid-Up Equity Share Capital as on 31st March, 2015 was Rs. 100,003,000/-. During the year under review, the Company has not issued shares with differential voting rights nor granted any stocks options or sweat equity. As on 31st March, 2015 none of the Directors of the Company holds instrument convertible into equity shares of the Company.

19. TRAINING

A number of in-house programmers were conducted at registered office during the year under review.

20. PARTICULARS OF CONTRACTS OR ARRANGMENTS WITH RELATED PARTIES

The Company has entered into any contracts or arrangements with Related Party as referred to in Section 188 of the Companies Act, 2013 for the period under review.

The Policy on materiality of related party transactions and dealing with related party transactions as approved by the Board may be accessed on the Company's website at the link: www.mymoneyviews.com.

Your Directors draw attention of the members to after the Notes i.e.to the note no. 25, to the financial statement which sets out related party disclosures. (ANNEXURE-B)

21. PARTICULARS OF EMPLOYEES

None of the employees of the Company fall within the purview of the limits as prescribed under Rule 5 (2) of the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014.

22. LISTING OF SHARES

The Company has got Listed on BSE Ltd during the year and BSE scrip code of the company is 538862.

23. DEMATERIALISATION OF SHARES:

The company has already commenced the process of dematerlisation of shares. Any member wish to get his/ her shares may get the shares dematerlisation.

24. CORPORATE GOVERNANCE:

As per Clause 49 of the Listing Agreement entered with the BSE, a separate Report on Corporate Governance practices followed by the Company, together with a Certificate from the Company's Auditors confirming compliance forms an integral part of this Report.

Further, as per Clause 49 of the Listing Agreement entered with the BSE, CEO/CFO Certification confirming the correctness of the financial statements, adequacy of the internal control measures and reporting of matters to the Audit Committee forms an integral part of this Report.

25. TRANSFER TO GENERAL RESERVES

No amount has been transferred to the General Reserves of the company during the period under review.

26. INTERNAL CONTROL SYSTEM AND THEIR ADEQUACY:

The Company has adequate system of internal control to safeguard and protect from loss, unauthorized use or disposition of its assets commensurate with its size, scale and complexities of its operations. The internal auditor of the company checks and verifies the internal control and monitors them in accordance with policy adopted by the company.

The Audit Committee of the Board of Directors actively reviews the adequacy and effectiveness of the internal control systems and suggests improvements to strengthen the same.

All the transactions are properly authorized, recorded and reported to the Management. The Company is following all the applicable Accounting Standards for properly maintaining the books of accounts and reporting financial statements.

27. NOMINATION AND REMUNERATION POLICY:

The Board has, on the recommendation of the Nomination & Remuneration committee framed a policy for selection and appointment of Directors, Senior Management and their remuneration. The Remuneration Policy is stated in the Corporate Governance Report.

28. RISK MANAGEMENT:

As per the Companies Act, 2013 and as part of good corporate governance the Company has constituted the Risk Management Committee. The Committee is required to lay down the procedures to inform to the Board about the risk assessment and minimization procedures and the Board shall be responsible for framing, implementing and monitoring the risk management plan and policy for the Company.

The main objective of this policy is to ensure sustainable business growth with stability and to promote a pro- active approach in reporting, evaluating and resolving risks associated with the business. In order to achieve the key objective, the policy establishes a structured and disciplined approach to Risk Management, in order to guide decisions on risk related issues.

The Committee reviewed the risk trend, exposure and potential impact analysis carried out by the management. It was specifically confirmed to the Committee by the MD & CEO and the CFO that the mitigation plans are finalized and up to date, owners are identified and the progress of mitigation actions are monitored.

29. PERFORMANCE EVALUATION

Pursuant to the provisions of the Companies Act, 2013 and Clause 49 of the Listing Agreement, a separate exercise was carried out to evaluate the performance of individual Directors including the Chairman of the Board who were evaluated on parameters such as level of engagement and contribution and independence of judgment thereby safeguarding the interest of the Company. The performance evaluation of the Independent Directors was carried out by the entire Board. The performance evaluation of the Chairman and the Non Independent Directors was carried out by the Independent Directors. The board also carried out annual performance evaluation of the working of its Audit, Nomination and Remuneration as well as stakeholder relationship committee. The Directors expressed their satisfaction with the evaluation process.

30. BOARD EVALUATION:

Pursuant to the provisions of the Act and Clause 49 of the Listing Agreement, the Board has carried out an annual evaluation of its performance, the Directors individually as well as the evaluation of the working of its Audit and Nomination & Remuneration Committees.

31. DETAILS OF REMUNERATION TO DIRECTORS & KMP Particulars of employees

The information required under Section 197 of the Act read with rule 5(1) of the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014 are given below:

a. The ratio of the remuneration of each director to the median remuneration of the employees of the Company for the financial year:

S. Name of Non-executive Remuneration of Non- Ratio to median No. directors Executive Directors remuneration (in Rs.)

1 Rajni Seth Nil N.A.

2. Rajnish Khanna Nil N.A.

3. Vineet Gupta Nil N.A.

S. Name of Executive Remuneration of Ratio to median No. directors Executive Directors remuneration (in Rs.)

1 Sanjai Seth 9,54,500 2.67

2. Vikas Seth 5,94,500 1.66

b. The percentage increase in remuneration of each director, chief executive officer, chief financial officer, company secretary in the financial year:

S. Directors, Chief Executive Officer, Remuneration of % increase No. Chief Financial Officer and Director in Company Secretary (in Rs.) remuner- ation in the financial year

1. Sanjai Seth-Whole Time Director 9,54,500 8.96

2. Vikas Seth-Managing Director 5,94,500 15.21

3. Pawan Chawla-Chief Financial 2,71,800 Nil Officer

4. Jaspinder Singh Saluja-Company 1,03,000 Nil* Secretary

5. Varun Kalra-Company Secretary 1,00,000 Nil*

* Mr. Jaspinder Singh Saluja Resign from the post of C.S. on 01.11.2014

I. Appointed as Chief Financial Officer w.e.f. 13.08.2014.

II. Appointed as Company Secretary w.e.f. 01.11.2014

c. The percentage increase in the median remuneration of employees in the financial year: 10%

d. There were twelve permanent employees on the rolls of Company.

e. The explanation on the relationship between average increase in remuneration and Company performance: The Increase in remuneration is based on inflation and Industry practice.

f. Comparison of the remuneration of the key managerial personnel against the performance of the Company:

Aggregate remuneration of key managerial personnel (KMP) in FY15 20,23,800

Revenue 93,56,703

Remuneration of KMPs (as % of revenue) 21.63

Profit before Tax (PBT) 8,21,916

Remuneration of KMP (as % of PBT) 246.23

g. Variations in the market capitalisation of the Company, price earnings ratio as at the closing date of the current financial year and previous financial year:

Particulars March 31, 2015 March 31, 2014 % Change

Market Capitalisation 28 Crores N.A. NA

Price Earnings Ratio 500 N.A. N.A.

h. Percentage increase over decrease in the market quotations of the shares of the Company in comparison to the rate at which the Company came out with the last public offer:

Particulars March 31, 2015 % Change

Market Price (BSE) 28 N.A

i. Comparison of each remuneration of the key managerial personnel against the performance of the Company:

Vikas Seth Sanjai Seth Pawan (Managing (Whole Time Chawla Director) Director) (CFO)

Remuneration in FY15 5,94,500 9,54,500 2,71,800

Revenue 93,56,703 93,56,703 93,56,703

Remuneration as % of Revenue 6.35 10.20 2.91

Profit before Tax (PBT) 8,21,916 8,21,916 8,21,916

Remuneration (as % of PBT) 72.33 116.13 33.07

Varun Kalra Jaspinder (C.S.) Singh Saluja (C.S.)*

Remuneration in FY15 1,00,000 1,03,000

Revenue 93,56,703 93,56,703

Remuneration as % of Revenue 1.07 1.10

Profit before Tax (PBT) 8,21,916 8,21,916

Remuneration (as % of PBT) 12.17 12.53

* Mr. Jaspinder Singh Saluja Resign from the post of C.S. on 01.11.2014

j. The key parameters for any variable component of remuneration availed by the directors: Not Applicable

k. The ratio of the remuneration of the highest paid director to that of the employees who are not directors but receive remuneration in excess of the highest paid director during the year: None.

l. Affirmation that the remuneration is as per the remuneration policy of the Company:

The Company affirms remuneration is as per the remuneration policy of the Company.

m. The statement containing particulars of employees as required under Section 197(12) of the Act read with Rule 5(2) of the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014, is provided in a separate annexure forming part of this report. Further, the report and the accounts are being sent to the members excluding the aforesaid annexure. In terms of Section 136 of the Act, the said annexure is open for inspection at the Registered Office of the Company. Any shareholder interested in obtaining a copy of the same may write to the Company Secretary.

32. DISCLOSURES:

I. AUDIT COMMITTEE

The Audit Committee Comprises Two Non- Executive Director and one Executive Director, all of Non- executive directors are Independent Director. Mr. Rajnish Khanna is the Chairman of the Audit Committee and Mr. Vineet Gupta & Mr. Sanjai Seth are members of the committee. Mr. Rajnish Khanna is Chartered Accountant. The Members process adequate knowledge of Accounts, Audit and Finance, among others. The composition of the Audit Committee meets the requirements as per the Section 177 of the Companies Act, 2013 and of Clause 49 of the Listing Agreement.

There are no recommendations of the Audit Committee which have not been accepted by the Board.

II. VIGIL MECHANISM / WHISTLE BLOWER POLICY

In order to ensure that the activities of the Company and its employees are conducted in a fair and transparent manner by adoption of highest standards of professionalism, honesty, integrity and ethical behavior of the company has adopted a vigil mechanism policy.

III. PARTICULARS OF LOANS, GUARANTEE OR INVESTMENTS UNDER SECTION 186:

The Company has not given any Loan, given any guarantee or provided security in connection with a Loan to any other body corporate or person and has not acquired by way of subscription, purchase or otherwise, the securities of any other body corporate.

IV. SIGNIFICANT AND MATERIAL ORDERS PASSED BY THE REGULATORS OR COURTS

There are no significant material orders passed by the Regulators / Courts which would impact the going concern status of the Company and its future operations.

V. CONSERVATION OF ENERGY AND TECHNOLOGY ABSORPOTION

The Provisions of Section 134(3)(m) of the Companies Act, 2013 read with Rule 8 of Companies (Accounts) Rules, 2014 regarding Conservation of Energy and Technology Absorption do not apply as operations of your Company are not energy - intensive for the period under review. However, Adequate measures have been taken to reduce energy consumption by using energy-efficient equipment incorporating the latest technology.

VI. MATERIAL CHANGES AND COMMITMENTS

There is no material change which may affect the financial position of the Company between the financial year and up to the date of this report.

VII. EXTRACT OF ANNUAL RETURN:

The details forming part of the extract of Annual Return in Form MGT-9 as required under Section 92 and 134 (3) of the Companies Act, 2013 read with rules made thereunder, forms an integral part of this Report as (ANNEXURE C).

VIII. FOREIGN EXCHANGE EARNINGS AND OUTGO:

Foreign Exchange Earning: Rs. NIL (Previous Year Rs. NIL )

Foreign Exchange Outgo: Rs. NIL (Previous Year Rs. NIL )

IX. DISCLOSURE UNDER THE SEXUAL HARASSMENT OF WOMEN AT WORK PLACE (PREVENTION. PROHIBITION AND REDRESSAL) ACT. 2013:

The Company has in place an Anti-Sexual Harassment Policy in line with the requirements of the Sexual Harassment of Women at Workplace (Prevention, Prohibition and Redressal) Act, 2013. An Internal Complaints Committee (ICC) has been set up to redress complaints received regarding sexual harassment. All employees (permanent, contractual, temporary, trainees) are covered under this policy.

No complaints pertaining to sexual harassment were received during FY 2014-15.

33. ACKNOWLEDGEMENTS

The Board expresses its sincere gratitude to the shareholders, bankers and clients for their continued support. The Board also wholeheartedly acknowledges with thanks the dedicated efforts of all the staff and employees of the Company.

For and on behalf of the Board My Money Securities Limited

Sd/- Sd/- Place : New Delhi Sanjai Seth Vikas Seth Dated : 14/08/2015 Whole Time Director Managing Director DIN: 00350518 DIN: 00383194 ADD: 10-A, Under ADD: 10-A, Under Hill Lane, Hill Lane, Civil Lines Civil Lines Delhi-110 054 Delhi-110 054

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