Directors Report of Nutech Global Ltd.

Mar 31, 2024

The Board of Directors have pleasure in presenting the 40th Annual Report of your Company along with the Audited Financial
Statements for the Financial year ended 31 st March, 2024.

FINANCIAL PERFORMANCE

Highlights of the Financial Performance and State of Company''s Affairs for the financial year ended March 31,2024, are provided below:

Particulars	For the Year ended 31 st March, 2024	For the Year ended 31st March, 2023
Revenue from Operations	3649.30	3484.42
Profit before depreciation & Tax	37.22	49.90
Less: Depredation	35.20	35.00
Profit before Tax	2.02	14.90
Current Tax	0	0
Deferred Tax Provision	10.16	4.09
Profit after Tax	-6.15	10.81
Other Comprehensive Income (OCI)
Profit after Tax (Net of OCI)	-8.15	10.81
Profit brought forward from last year	143.00	132.19
Profit carried over to Balance Sheet	134.85	143.00

OPERATIONAL REVIEW

The Company has recorded sales of Rs.3649.30 lakh for the current year 2023-2024 as compared to Rs. 3484.42 Lakh in the previous
year 2022-2023. The Net Loss forthe year under review amounted to Rs 8.15 lakh In the current year as compared to profit of Rs. 10.81
Lakh in the previous year.

SHARE CAPITAL

There was no change In the share capital of the Company during the financial year2023-2024.

DIVIDEND

The Board of Directors does not recommend any dividend forthe year.

TRANSFER TO RESERVES

The Board of Directors does not recommend any Dividend forthe year ended on March 31,2024.

CHANGE IN NATURE OF BUSINESS

There Is no change In nature of business of the company.

LISTING WITH STOCK EXCHANGE

The Equity Shares of the Company are listed on BSE (Bombay Stock Exchange) Limited. The Listing fee forthe financial year2024-2025
has been paid by the Company.

CORPORATE SOCIAL RESPONSIBILTY

The Provision of Section 135 of the Companies Act.2013 are not applicable to the Company.

INFORMATION ABOUT SUBSIDIARY/ JV/ ASSOCIATE COMPANY

The Company does not have any Subsidiary, Joint venture or Associate Company and the provisions regarding disclosure of names of
companies which ceased to be the subsidiary, joint venture or associate companies are not applicable.

DIRECTORS AND KEY MANAGERIAL PERSONNEL

I. Du ring the year under review, Shri Rajeev Mukhija (DIN:00507367), Manag ing Di rector of the Company was re-appointed for a further
period of three years at the Annual General Meeting of the Company held on 30.09.2023.

II. Retire by Rotation:

As per provisions of Section 152 (6) the Companies Act 2013, Mr. Shyam Sunder MukhIJa (DIN: (01552629) Director of the Company
retire by rotation at the ensuing Annual General Meeting and being eligible, offer herself for re-appointment.

III Key Managerial Personnel:

As on date of this report, the following persons are the Key Managerial Personnel (s) of the Company:

a) Mr. Rajeev MukhIJa, Managing Director

b) Ms. Shubhangi Janifsr, Company Secretary and Compliance Officer

c) Mr. Mahendra Kumar Jain, Chief Financial Officer

d) Mr. MayankJagga, Chief Executive officer

IV Others:

The Company has received a declaration from the Independent Directors of the Company under section 149(7) of CompanlesAct,2013
confirming that they meet criteria of Independence as per relevant provisions of Companies Act, 2013 and SEBI LODR. At the first
meeting of Board held for financial year2024-2025, the Board of Directors of the Company has taken on record the said declarations and
confirmation assubmittedbythelndependent Directors after undertakingdueassessmentofthe veracity of the same.

KYC OF DIRECTORS

Your directors have confirmed that pursuant to the Rule 12AofThe Companies (Appointment and Qualification of Directors) Rules, 2014,
they have Individually filed DIR-3 KYC WEB (KYC of Directors) on the Ministry of Corporate Affairs within specified time period. A
certificate from a Company Secretary in practice that none of the Directors on the Board of the Company have been debarred or
disqualified firom being appointed or continuing as directors of Companies by the Board/ Ministry of Corporate Affairs or any such
statutory authority Is provided In the Report

AUDITORS

a) Statutory Auditor

M/s RHDA ^Associates (Firm Registration No014438C)CharatedAccountants,was appointed as Statutory Auditors at 36th Annual
General Meeting of the Company to hold office for a period of 5 years from the conclusion of 36th Annual General Meeting till the
conclusion of 41st Annual General Meeting.

Accordlngy, they have conduced Statuory Audit for the 2023-2024 and shall continue to be Statutory Auditors for the Financial year
2024-2025. They have confirmed their eligiblity to continue as Statutory Auditors of the Company for the Financial year2024-2025 under
Section 141ofth8 Companies Act, 2013and rules framed there under.

The report of the Statutory Auditors along with notes to Schedules is enclosed to this Report. The observations made in the Auditors''
Report are self-explanatory and therefore do not call for any further comments. The Auditors have not reported any Incident of fraud In the
Company for the year under review undersection143(2)oftheCompanies Act, 2013.

b) Secretarial Auditor

Pursuant to the provision of Section 204 of the CompanlesAct, 2013and the Companies (Appointment and Remuneration of Managerial
Personnel) Rules, 2014, the Board of Director had appointed M/s R K Jain & Associates, Practicing Company Secretaries (Membership
No. FCS 4584; CP No. 5866) as the Secretarial Auditors of the Company for the financial year ending March 31,2024.

Accordingly, they have conducted Secretarial Audit for the Financial year 2023-2024 and Report given by the Secretarial Auditors is
annexed as Annexure-I to the Board''s Report The Secretarial Audit Report Is self-explanatory and does not any comments. The
Secretarial Audit Report does not contai n any q ualification, reservation, or adverse remark.

OCost Auditor

The requirement of Central Government and pursuant to Section 148 of CompanlesAct, 2013 read with the Companies (Cost Records
and Audit) Rules, 2014 as amended from time to time, are not applicable on the company. Therefore, requirement of cost auditor is not
applicable.

MANAGEMENT DISCUSSIONS & ANALYSIS

Your directors adhere to the requirements set out In Companies Act, 2013 and the SEBI (Listing Obligations and Disclosures
Requirements) Regulation, 2015, and have implemented all the prescribed requirements. In pursuant to Regulation 34(3) of the SEBI
(Listing Obligations and Disclosures Requirements) Regulation, 2015, the Report on Management Discussions & Analysis has been
incorporated in theAnnual Report and forms an integral part of the Directors'' Report.

DIRECTORS'' RESPONSIBILITY STATEMENT

Pursuarrttotherequirementundersection134(5)oftheCompanies Act, 2013, you r director state that

a.ln the preparation of the annual financial statements for the year ended 31stMarch, 2024 the applicable accounting standards have
been followed along with proper explanation relating to material departures.

b. The director had selected such accounting policies and applied them consistently and made Judgment 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 or loss of the Company for that period;

c. They have taken proper and sufficient care for the maintenance of adequate accounting records in accordance with the provisions of
the Companies Act, 2013 for safeguarding the assets of the Company arvdfbr preventing and detecting fraud and other Irregularities;

d. They have prepared the annual accounts that the annual financial statements have been prepared on a going concern basis;

e. They have laid down internal financial control to be followed by the company and that such internal financial controls were adequate
and were operating effectively;

f. They have devised proper system to ensure compliance with the provisions of al I applicable laws were in place and were adequate and
operating effectively.

HUMAN RESOURCE DEVELOPMENT

YourCompanyconsideritsHuman Reso urces as the key to achieve its objective. Keeping this in view, you r Company take utmost care to
attract and retain quality employees. The Company believes that, by effectively managing and developing human resources, It can
achieve its vision. A significant effort has been undertaken to develop leadership as well as technical/ functional capabilities in order to
meet future talent requirement.

ENERGYCONSERVATION. TECHNOLOGY ABSORPTION AND FOREIGN EXCHANGE EARNINGS
AND OUTGO

The information on conservation of energy, technology absorption and foreign exchange earnings and outgo stipulated under Section
134(3) (m) of the Companies Act, 2013 read with Rule 8 of the Companies (Accounts) Rules, 2014, Is annexed herewith as ''Annexure-
II''.

OTHER DISCLOSURES UNDER COMPANIES ACT. 2013& SECRETARIAL STANDARD -1:

I) BOARD OF DIRECTORS
• Composition of the Board

The Board of Directors of the Company comprises of Five Directors and composition of Board of Directors of the Company Is In
conformity with the applicable provisions of the Companies Act, 2013. The details of Board Composition as on 31st March,2024 are
appended below: -

Name of the Director	Whether Promoter / Executive or Non-Executive / Independent
Shri Shyam Sunder Mukhija	Non-Executive (Promoter Group)
Shri Rajeev Mukhija	Executive (Promoter Group)
Smt.Radhlka Mukhija	Executives Woman (Promoter Group)
Shri Anil Laddha	Non-Executive & Independent
Shri Anuj Nahar	Non-Executive & Independent

* Number of Board Meetings & General Meeting

During the year 2023-2024, the Board of Directors met Six times on 27.05.2023,22.06.2023,05.08.2023, 31.08.2023,00.11.2023 and
08.02.2024.

The 39thAGM was held on 30th September2023.

Name ofthe Director	Category of Directorship	No. of Board Meeting attended	Whether Attended last AGM	No. of otherDirectorship held In other Public Companies
Shri. Shyam Sunder Mukhija	Promoter (Non-executive Director)	6	YES	Nil
Shri Rajeev Mukhija	Promoter Executive Director (M.D.)	6	YES	Nil
SmtRadhika Mukhija	Women Director	4	YES	Nil
Shri Anil Ladha	Independent Non-Executive Director	6	YES	Nil
Shri. AnuJ Nahar	Independent Non-Executive Director	6	YES	Nil

• Independent Directors Meeting

During the year under review, the Independent Directors viz Shri Anil Ladhaand Shri.Anuj Nahar met on 27.05.2023.

Committees of The Board

The Company has the following Committees of the Board.

I) Audit Committee;

ii) Nomination &Remunerat»n Committee;

iii) Stakeholders'' Relationship Committee;

The Board determines the terms of reference of these Committees from time to time. Meetings of these Committees are convened by the
respective Committee Chalrman/Company Secretary. At each Board Meeting, minutes of these Committees are placed before the
Directors fortheirperusal and noting.

IQAUDrT COMMITTEE

• Composition

The Audit Committee of the Company comprises of 3 members, 2 of whom are Non-Executive Independent Directors and one is Non-
Executtve (Promoter Group), Independent Director acts as Chairman of the Committee. The Committee members are professionals
having requisite experience in the fields of Finance and Accounts, Banking and Management. The Audit Committee met A times during
the year. The Director and Chief Financial Officer and representatives of Internal and Statutory Auditors are invitees to Audit Committee
meetings.

• Term of Reference

i) Oversight of the company''s financial reporting process and the disclosure of its financial information to ensure that the financial
statement Is correct, sufficient and credible.

ii) Recommending to the Board the appointment, re-appointment and, if required, the replacement or removal of the statutory auditor and
the fixation of audit fees.

iii )Approval of payment of statutory auditors fbrany other services rendered by the statutory aud itors.

iv) Reviewing, with the management, the quarterly financial statements before submission to the board for approval.

v) Reviewing, with the management, performance of statutory and internal auditors, adequacy ofthe internal control systems.
vl)To review the functioning of the Whistle Blower mechanism, In case the same Is existing.
viiJCarryingoutanyotherfunctionasismentionedinthe terms of reference of the Audit Comm itlee.

viii) Management Discussion and Analysis of financial condition and results of operations.

ix) Statement of significant related party transactions (as defined by the Audit Committee), submitted by management.

x) lrrtemal audit reports relating to internal control weaknesses; and

xl)The appointment, removal and terms of remuneration of the Chief Internal Auditor shall be su bject to review by the Audit Comm Ittee.

• Meetings and Attendance

The Audit Committee is duly constituted in accordance with SEBI(LODR) Regulations 2015 and Section 177 of the Companies Act,2013
read with Rule 6 of the Companies (Meeting of the Board and Its Powers) Rules,2014 as amended time to time. It adheres to the terms of
reference which is prepared incompliance with Section 177 ofthe Companies Act,2013, and SEBI (LODR) Regulations 2015. During the
financial year2023-24, the committee met Four(4) times as on 27.05.2023,05.08 2023,08.11.2023,08.02.2024.

The Company Secretary acts as Secretary to the Audit Committee. The details of member''s attendance at the Audit committee meeting
during the year are given below:

Sr. No	Name	Position	No. of audit Commttlea Moating	Meeting Attended
1.	Shrl Anil Laddha	Chairman	4	4
2.	ShriAnuj Nahar	Member	4	4
3.	Shri Shyam Sunder Mukhija	Member	4	3

Vigil Mechanlsm/Whlstle Blower Policy

In pursuance of section 177 (9) of the Companies Act, 2013, the Company has established a Vigil Meehanism/Whistle Blower Policy for
Directors and employees to report genuine concern. The whistle blower policy of the company Is available on company''s website
(http^/www. nutechglobal .com).

lll)NOMINATION & REMUNERATION COMMITTEE

The Nomination and Remuneration Committee is duly constituted in accordance with SEBI (LODR) Regulations 2015 and Section 178 of
the Companies Act, 2013 read with Rule 6 of the Companies (Meetings of the Board and its Powers) Rules. 2014 as amended from time
to time. It adheres to the terms of reference which Is prepared Incompliance with Section 177 ofthe Companies Act.2013, and SEBI
(LODR) Regulations 2015.The Nomination & Remuneration Policy is posted on the Company''s website at the web link as:
(https ://www. nutechglobal.com).

• Terms of Reference

i) Formulation of the criteria for determining qualifications, positive attributes and Independence of a director and recommend to the
Board a policy, relating to the remuneration of the Directors, key managerial personnel and other employees;

ii) Formulation of criteria for evaluation of performance of the Independent Directors and the Board of directors and policy on Board
Diversity;

iii identifying persons who are qualified to become directors and who may be appointed in senior management in accordance with the
criteria laid down, and recommend to the board of d Irectors their appointment and removal;

lv)Whether to extend or continue the term of appointment of the Independent director, on the basis of the report of performance
evaluation of Independent directors.

• Meetings and Attendance

The committee met 2 (Two) times during the year as on 27.05.2023 and 31.08.2023

The Company Secretary acts as Secretary to the Nomination and Remuneration. The details of member''s attendance at the Nomination
and Remuneration Committee meeting during the year are given below:

Sr. No	Name	Position	No. of audit CommtttM MMdna	Mealing Attended
1.	ShriAnll Laddha	Chairman	3	3
2.	Shri Shyam Sunder Mukhlja	Member	3	3
3.	Shri AnuJ Nahar	Member	3	3

•Nomination, Remuneration & Evaluation Policy

In pursuant to provisions of section 178 of the Companies Act, 2013, the Board of Directors approved Nomination,
Remuneration & Evaluation Policy for appointment remuneration & evaluation of the Directors, Key Management
Personnel & Senior Management Personnel. More details pertaining to the same are given in “Nomination, Remuneration
& Evaluation Policy".

•Performance Evaluations

The Board of Directors carried out annual performance evaluation of the Board, committee thereof and Directors as per
the criteria laid down in the “Nomination, Remuneration & Evaluation Policy" and found their performance satisfactorily.

iv) STAKEHOLDERS'' RELATIONSHIP COMM TTTEE

The Stakeholders Relationship Committee is constituted incompliance with the requirements of Section 178 of the
Companies Act, 2013. During the Financial year 2023-24, the Committee met Five(5)time as on 21.04.2023,27.05.2023,
09.06.2023,17.07.2023 and 29.02.2024.

•Composition

The Committee comprises of three directors, all of whom are non-executtve and chairman of the committee Is a non¬
executive director.

The Company Secretary acts as Secretary to the Stakeholders Relationship Committee. The details of member''s
attendance at the Stakeholders Relationship committee meeting during the year are given below:

Sr. No	Name	Position	No. of audit CommtttM MaaUno	Meeting Attended
1.	Shri Shyam Sunder Mukhija	Chairman	5	3
2.	ShriAnll Laddha	Member	5	5
3.	ShriAnul Nahar	Member	5	5

v) COMPLIANCES REGULATIONS 13(31 OF THE SEBI {LISTING OBLIGATION AND DISCLOSURE
REQUIREMENTS) REGULATION. 2015

The details of complaints received and resolved during the year 2023-2024 are as under:

No. of complaints received from Shareholders/Stock Exchartge/SEBI : Nil

No. of complaints not resolve : Nil

Ms. Shubhangi Jenifer, Company Secretary of the Company is the Compliance Officer of the Company.

vh GENERAL BODY MEETING

Location and time where last three Annual Meetings were held:

Date of AGM	Relevant Financial Year	Venue/Locatlon where AGM held	Time of Meeting
30th Sept, 2021	2020-21	E-149, RIICO Industrial Area,Bhilwara-311001 Rajasthan	11.00 A.M.
30th Sept, 2022	2021-22	E-149, RIICO Industrial Area.Bhllwara-311001 Rajasthan	11.00 A.M.
30th Sept, 2023	2022-23	E-149, RIICO Industrial Area,Bhllwara-311001 Rajasthan	11.00A.M

- No special resolution requiring postal ballot Is being placed before the shareholders for approval at this meeting.

-No special resolution through postal ballot was passed during the year under review.

^Company proposed resolutions in 39th AGM held on 30th September 2023for the re appointment of Mr. Shyam Sunder Mukhija
(DIN: 01552629) who retires by rotation and being eligible, offers himself for re-appointment.

RELATED PARTY TRANSACTIONS

All the related party transactions are entered on arm''s length basis and are in compliance with the applicable provisions of the Act. There
are no materially significant related party transactions with Promoters, Directors or Key Management Personnel which may have
potential conflict with the interest of the Company at large or which warrants the approval of the share holders. Accordingly, no
transactions are being reported In Form AOC-2 In terms of Section 134 of the Act read with Rule 6 of the Companies (Accounts) Rules,
2014. However, the details of the transactions with Related Parties are provided in the Company’s financial statements in accordance
with the Accounting Standards

LOANS GUARANTEES OR INVESTMENTS

During the year under review, the Company has not given any Loan, Guarantee or provided Security In connection with a loan nor
has made any investment under the section 186 of the Companies Act, 2013.

PUBLIC DEPOSITS

During the Financial year 2023-2024, your Company has not Accepted any deposits within the meaning of Section 73 and 74 of
Companies Act, 2013 read with the Companies (Acceptance of Deposit) Rules, 2014. The Company has taken Unsecured interest
free loan of Rs.21927408from the Directors of the Company.

COMMENTS ON AUDITORS¹ REPORTS

There is no adverse remark or comments in the Statutory Auditors Report and therefore no comments are required in the Directors''
Report.

PARTICULARS OF EMPLOYEES & ANALYSIS OF REMUNERATION

Particulars of employees and analysis of remuneration as required under section 197 (12) of the Companies Act, 2013 read with
Rule 5(1) of the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014 are enclosed as Annexure -
III.

Details of the top ten employees in terms of remuneration drawn and name of every employee of the Company as required pursuant
to 5(2) of the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014 are enclosed as Annexure—IV

MATERIAL CHANGES BETWEEN THE DATE OF THE BOARD REPORT AND END OF FINANCIAL
YEAR

There have been no material changes and commitments, if any, affecting the financial position of the Company which have occurred
between the end of the financial year of the Company to which the financial statements relate and the date of the report

SIGNIFICANTAND MATERIAL ORDERS PASSED BY THE REGULATORS OR

CO URTSORTRI BUN ALIM PARTING THE GOING CONCERN STATUS AND COMPANY’S OPERATION

IN FUTURE

During the year under review there has been no such significant and material orders passed by the regulators or courts or tribunals
impacting the going concern status and company’s operations in future.

EXTRACT OF ANNUAL RETURN

As required under sub-section (3) of section 92 of the Companies Act, 2013 as amended, copy of the annual return will be placed
on website of the Company www.nutechglobal.comafterflllng with MCA, web llnk-https^/www. nutechglobal.com/annualreports.

DETAILS OF FRAUD REPORT BY AUDITOR

As per auditors'' report, no fraud u/s 143(12) reported by the auditor.

NON-APPLICABILITY OF CORPORATE GOVERNANCE PROVISIONS OF
SEBI(LISTINGOBLIGATIONS AND DISCLOSURE REQUIREMENTS) REGULATION, 2015

Your company is falling under Regulation 15(2) of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015; hence
the provisions of Corporate Governance viz. Regulation 17 to 27 and clauses (b) to (I) of sub-regulation (2) of Regulation 46 and
Para C, D and E of Schedule V of SEBI (LODR), 2015 are not applicable to your Company for the Financial year 2023-2024.

MISCELLANEOUS DISCLOSURES

• Details about risk management have been given In the Management Discussion & Analysis.

• The company does not have any subsidiary, joint venture and associate company.

• The Company is having adequate Internal Financial Control with reference to the Financial Statements.

• During the year review, there were no cases filed pursuant to Sexual Harassment of Woman at workplace (Prevention,

Prohibition and Redressal) Act, 2013.

ACKNOWLEDGEMENTS

Your directors place on records their deep appreciation to employees at all levels for their hard work, dedication and commitment.
We would like to thank all our clients, customers, vendors, dealers, bankers, Investors, other business associates, Central and
State Government for their continued support and encouragement during the year and their confidence towards the management

On behalf of the Board of Directors

Sd/-

(RAJEEV MUKHUA)

Managing Director

Place: Bhilwara DIN 00507367

?ated:29.05.2024

Sd/-

(SHYAM SUNDER MUKHUA)

Director
DIN 01552629

---

Mar 31, 2015

Dear Members,

The Directors have pleasure in presenting their 31st Annual Report on the business and operations of your Company and the Audited Accounts for the year ended 31st March, 2015

FINANCIAL RESULTS

Particulars For the Year ended For the Year ended 31st March, 2015 31st March, 2014

Profit before depreciation & Tax 75,71,336 80,93,487

Less: Depreciation 61,38,904 64,12,570

Profit before Tax 14,32,432 16,80,917

Current Tax 8,90,958 8,60,628

Deferred Tax Provision (3,21,058) (5,00,873)

Profit after Tax 8,62,533 13,21,162

Profit brought forward from last year 19,130,642 17,809,480

Profit carried over to Balance Sheet 19,472,333 19,130,642

OPERATIONAL REVIEW

The Company has recorded sales of Rs 3646.75 lacs for the current year 2014-15 as compared to Rs 3582.61 lacs in the previous year 2013-14. The Net Profit for the year under review amounted to Rs 8,62,533 in the current year as compared to Rs 13,21,163 in the previous year.

DIVIDEND

The Board of Directors does not recommend any dividend for the year.

TRANSFER TO RESERVES

The Company has not transferred any amount to reserves.

MATERIAL CHANGES BETWEEN THE DATE OF THE BOARD REPORT AND END OF FINANCIAL YEAR

There have been no material changes and commitments, if any, affecting the financial position of the Company which have occurred between the end of the financial year of the Company to which the financial statements relate and the date of the report.

SIGNIFICANT AND MATERIAL ORDERS PASSED BY THE REGULATORS OR COURTS OR TRIBUNAL IMPARTING THE GOING CONCERN STATUS AND COMPANY'S OPERATION IN FUTURE

During the year under review there has been no such significant and material orders passed by the regulators or courts or tribunals impacting the going concern status and company's operations in future.

SUBSIDIARY COMPANY

As on March 31, 2015, the Company does not have any subsidiary.

DEPOSITS

The Company has not invited/ accepted any deposits from the public during the year ended March 31, 2015. There were no unclaimed or unpaid deposits as on March 31, 2015.

CORPORATE SOCIAL RESPONSIBILTY

The company does not meet the criteria of Section 135 of Companies Act, 2013 read with the Companies (Corporate Social Responsibility Policy) Rules, 2014 so there is no requirement for constitution of Corporate Social Responsibility Committee

DIRECTORS

1 .Shri Shyam Sunder Mukhija, Director of the Company retire by rotation at the ensuing Annual General Meeting and being eligible, offer himself for re-appointment. Details of the Director seeking re-appointment are provided in the Corporate Governance Report forming part of this report.

2. Statement on Declaration given by Independent Director

All Independent Directors have given declaration that they meet the criteria of Independence as laid down under Section 149(6) of the Companies Act, 213 and Clause 49 of the Listing Agreements.

3. Board Evaluation

In Compliance with the Companies Act, 2013 and Clause 49 of Listing Agreement , the Board has carried out an annual performance evaluation of its own performance, the Directors individually as well as evaluation of the working of its Audit , Nomination & Remuneration Committee and other committees. More details on the same is given in the Corporate Gover- nance Report.

AUDITORS

M/s O.P. Dad & Co., Chartered Accountants and Auditors of the Company, retire at the conclusion of the ensuing Annual General Meeting of the Company and being eligible, offer themselves for re-appointment. Your Directors recommend for their re-appointment.

SECRETARIAL AUDIT REPORT

The Board of Directors has appointed M/s R K Jain & Associates, Company Secretaries in Whole-Time Practice to conduct Secretarial Audit under the provisions of section 204 of the Companies Act, 2013. The details forming part of Secretarial Audit Report for Financial Year 2014-15 in form MR-3 is enclosed herewith as per Annexure-I. The report does not contain any qualification.

The Board of Directors has re-appointed M/s R K Jain & Associates, Company Secretaries in Whole-Time Practice, being eligible, to conduct Secretarial Audit for the Financial Year 2015-16 under the provisions of section 204 of the Companies Act, 2013

CORPORATE GOVERNANCE

The Company is committed to maintain the high standards of Corporate Governance. Your Directors adhere to the requirements set out in Companies Act, 2013 and the listing Agreement with the Stock Exchanges and have implemented all the prescribed requirements. Pursuant to clause 49 of the Listing Agreement with the Stock Exchanges, the Report on Corporate Governance and Management Discussions & Analysis have been incorporated in the Annual Report and forms an integral part of the Annual Report.

DIRECTORS' RESPONSIBILITY STATEMENT

Pursuant to sub-section 3 (c) of Section 134 of the Companies Act, 2013, the Board of Directors of the Company hereby state and confirm that:

(i) in the preparation of Annual Accounts, the applicable accounting standards have been followed and wherever required, proper explanation relating to material departures have been given;

(ii) they have 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 or loss of the Company for that period;

(iii) they have taken proper and sufficient care for the maintenance of adequate accounting records in accordance with the provisions of the Companies Act, 2013 for safeguarding the assets of the Company and for preventing and detecting frauds and other irregularities,

(iv) they have prepared the Annual Accounts on a going concern basis;

(v) they have laid down internal financial controls to be followed by the Company and that such internal financial controls are adequate and were operating effectively; and

(vi) They have devised proper systems to ensure compliance with the provisions of all applicable laws and that such systems were adequate and operating effectively.

HUMAN RESOURCE DEVELOPMENT

Industrial relations continued to be cordial during the period under review. Your Company firmly believes that a dedicated work force constitutes the primary source of sustainable competitive advantage. Accordingly, human resource develop- ment received focused attention. Your Directors wish to place on record their appreciation for the dedicated services rendered by the work force during the year under review.

ENERGY CONSERVATION, TECHNOLOGY ABSORPTION AND FOREIGN EXCHANGE EARNINGS AND OUTGO

A Statement giving details of conservation of energy, technology absorption, foreign exchange earnings and outgo in accordance with the Rule 8 (3) of the Companies (Accounts) Rules, 2014 is enclosed as Annexure - II and forms integral part of this Report.

OTHER DISCLOSURES UNDER COMPANIES ACT, 2013

i) Number of Board Meetings :

The Board of Directors met Nine (9) times in the year 2014-15. The details of the Board Meeting and the attendance of the Directors are provided in the Corporate Governance Report.

ii) Composition of Audit Committee :

The Board constituted the Audit Committee which comprises of Sh.Manish Mandhana, Chairman, Shri Anil Laddha, Shri Anil Dasot & Sh. Shyam Sunder Mukhijaas members. All the recommendations of Audit Committee have been accepted by the Board. More details on the committee are given in the Corporate Governance Report.

iii) Related Party Transactions :

All the related party transactions are entered on arm's length basis and are in compliance with the applicable provisions of the Act and Listing Agreement. There is no materially significant related party transaction with Promoters, Directors or Key Management Personnel which may have potential conflict with the interest of the Company at large. During the year, the Company has not entered into any related party transactions under the section 188 of the Companies Act, 2013 and the particulars of contracts or arrangements with related parties are Nil and Form AOC-2 is enclosed as Annexure - III

iv) Loans Guarantees or Investments:

The Company has not given any Loan, Guarantee and also not made any Investments under the section 186 of the Companies Act, 2013.

v) Vigil Mechanism/Whistle Blower Policy:

In pursuance of section 177 (9) of the Companies Act, 2013 and the listing agreement, the Company has in place a Vigil Mechanism/Whistle Blower Policy for Directors and employees to report genuine concern. More details pertaining to the same are given in the Corporate Governance Report.

vi) Nomination, Remuneration & Evaluation Policy :

In pursuant to provisions of section 178 of the Companies Act, 2013 and Listing Agreement, the Board of Directors approved Nomination, Remuneration & Evaluation Policy for appointment, remuneration & evaluation of the Directors, Key Management Personnel & Senior Management Personnel. The details of the Nomination and Remuneration committee, Nomination, Remuneration & Evaluation Policy and Annual Evaluation carried out by the Board of Directors are given in the Corporate Governance Report.

vii) Particulars of Employees & Analysis of Remuneration:

Particulars of employees and analysis of remuneration as required under section 197 (12) of the Companies Act, 2013 read with Rule 5 of the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014 are enclosed as Annexure - IV.

Director State that during the year review, there were no cases filed pursuant to Sexual Harassment of Woman at workplace (Prevention, Prohibition and Redressal) Act, 2013.

viii) Extract of Annual Return :

The details forming part of the extract of the Annual Return is enclosed as Annexure- V

ACKNOWLEDGEMENTS

Directors wish to express their grateful appreciation for assistance and co-operation received from various Departments of Central & State Governments and Banks during the year under review. Your Directors also wish to place on record their appreciation for the committed services of all the associates, vendors of the Company.

Place: Jaipur For and on Behalf of the Board of Directors Date: 27 th May, 2015 Sd/- (RAJEEV MUKHIJA) Managing Director DIN No. 00507367 Sd/- (SHYAM SUNDER MUKHIJA) Director DIN:01552629

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Mar 31, 2014

Dear Members,

The Board of Directors have pleasure to present the in presenting the 30th Annual Report and Statement of Accounts for the year ended 31st March, 2014

FINANCIAL RESULTS

Particulars For the Year For the Year ended ended 31st March, 2014 31st March, 2013

Profit for the Year 80,93,487 93,14,339

Less: Depreciation 64,12,570 75,14,164

Profit before Tax 16,80,917 18,00,175

Current Tax 8,60,628 4,57,363

MAT credit revert back (Recognized) - 1,80,435

Deferred Tax Provision (5,00,873) (2,42,643)

Profit after Tax 13,21,162 14,05,021

Profit brought forward from last year 17,809,480 16,404,459

Profit carried over to Balance Sheet 19,130,642 17,809,480

OPERATIONS & FUTURE PROSPECTS

During the year company has achieved sales of Rs.3582.61 lacs (P.Y.Rs. 3036.88 lacs).

DIVIDEND

The Board of Directors does not recommend any dividend for the year.

DIRECTORS

Shri Shyam Sunder Mukhija, Director of the company, retires by rotation at the ensuing Annual General Meeting and is eligible for reappointment.

Shri Manish Mandhana, Shri Anil Laddha and Shri Anil Dasot Director of the company, appointed as an Independent Director.

PARTICULARS OF EMPLOYEES

There is no person in the employment of the company drawing remuneration exceed as per section 217 (2A) of the Companies Act,1956.

AUDITOR''S QUALIFICATION

The company is consistently following its Accounting Policy (1-F) in regard to Gratuity. However, the company has ascertained the gratuity liability and the same has been provided in this year.

AUDITORS

M/s O P Dad & Co., Chartered Accountants and Auditors of the Company will retire at the conclusion of the ensuing Annual General Meeting of the Company and being eligible, offer themselves for re-appointment. The Board of Directors recommend for their re-appointment.

CORPORATE GOVERNANCE

The Company is committed to maintain the high standards of Corporate Governance. Your Directors adhere to the requirements set out in the listing Agreement with the Stock Exchanges and have implemented all the prescribed requirements. Pursuant to clause 49 of the Listing Agreement with the Stock Exchanges, the Report on Corporate Governance and Management Discussions & Analysis have been incorporated in the Annual Report and forms an integral part of the Directors'' Report.

PARTICULARS WITH RESPECT OF CONSERVATION OF ENERGY, TECHNOLOGY ABSORPTION, FOREIGN EXCHANGE EARNING AND OUTGO.

As regards disclosure U/S 217 (1) (e) of the Companies Act, 1956 read with the Companies (Disclosure of particulars in the report of Board of Directors) Rules, 1988 regarding conservation of energy, technology absorption and foreign exchange earning and outgo is given in the Annexure "A".

DIRECTOR''S RESPONSIBILITY STATEMENT

Pursuant to the requirement under Section 217(2AA) of the Companies Act, 1956 with respect to Director''s Responsibility Statement, it is hereby confirmed :

(i) that in the preparation of the annual accounts for the financial year ended 31st March, 2014 the applicable accounting standards had been followed along with proper explanation relating to material departures;

(ii) that the directors had selected such accounting policies and applied them consistently and made judgments and estimates that were 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 the year under review;

(iii) that the directors had taken proper and sufficient care for the maintenance of adequate account- ing records in accordance with the provisions of the Companies Act, 1956 for safeguarding the assets of the Company and for preventing and detecting fraud and other irregularities;

(iv) that the directors had prepared the accounts for the financial year ended 31st March, 2014 on a ''going concern'' basis.

APPRECIATION

The Board records its appreciation for the sincere co-operation and guidance from Financial Institutions, Banks and Central and State Government Authorities.

On behalf of the Board of Directors Sd/- (RAJEEV MUKHIJA) Managing Director Place: Jaipur DIN NO. 00507387 Dated: 24th May, 2014 Sd/- (SHYAM SUNDER MUKHIJA) Director DIN:01552629

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Mar 31, 2013

To THE MEMBERS,

The Board of Directors have pleasure to present the in presenting the 29th Annual Report and Statement of Accounts for the year ended 31st March, 2013

1. FINANCIAL RESULTS

31st March, 2013 31 at March, 2012

Profit for the Year 93,14,339 75,24*949

Less: Depreciation 75,14,164 58,58,190

Profit before Tax 18,00,175 16,66,759

Current Tax 4,57,363 3,25,109

MAT credit revert back (Recognized) 1,80,435 (1,80,435)

Deferred Tax Provision (2,42,643) 3,78,222

Profit after Tax 14,05,021 11,43,863

Profit brought forward from last year 16,404,459 15,260,596

Profit carried over to Balance Sheet 17,809,480 16,404,459

OPERATIONS & FUTURE PROSPECTS

During the year company has achieved sales of Rs.3036.88 lacs (P.Y.Rs. 2985.41 lacs).

Dividend

The Board of Directors do not recommend any dividend for the year.

DIRECTORS

Shri Anil Laddha and Shri Manish Mandhana, Director of the company, retires by rotation at the ensuing Annual General Meeting and are eligible for reappointment.

PARTICULARS OF EMPLOYEES

There is no person in the employment of the company drawing remuneration exceed as per section 217 (2 A) of the Companies Act, 1956.

AUDITOR S QUALIFICATION

The company is consistently following its Accounting Policy (1-F) in regard to Gratuity. However, the company has ascertain the gratuity liability and the same has been provided in this year.

AUDITORS

M/S O P Dad & Co. Chartered Accountants, Bhilwara to hold office as a Auditor of the Company from ensuing Annual general Meeting to next Annual General Meeting of the Company, subject to approval of members. The company has obtained a certificate as required u/s 224 of the Companies Act,1956 from M/S OP Dad & Co. Chartered Accountants to the effect that their appointment, if made would be in conformity with the limits specified in the said section.

CORPORATE GOVERNANCE

Pursuant to clause 49 of the Listing Agreements with the Stock Exchanges, a Management Discussion and Analysis, Corporate Governance Report and Auditors'' Certificate regarding compliance of conditions of corporate governance are made a part of the Annual Report.

DIRECTOR S RESPONSIBILITY STATEMENT

Pursuant to, the requirement under Section 217(2AA) of the Companies Act, 1956 with respect to Director''s Responsibility Statement, it is hereby confirmed :

(i) that in the preparation of the annual accounts for the financial year ended 31st March, 2013 the applicable accounting standards had been followed along with proper explanation relating to material departures;

(ii) that the directors had selected such accounting policies and applied them consistently and made judgments and estimates that were 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 the year under review;

(iii) that the directors had taken proper and sufficient care for the maintenance of adequate accounting records in accordance with the provisions of the Companies Act, 1956 for safeguarding the assets of the Company and for preventing and detecting fraud and other irregularities;

(iv) that the directors had prepared the accounts for the financial year ended 31st March, 2013 on a going concern'' basis. ''

APPRECIATION

The Board records its appreciation for the sincere co-operation and guidance from Financial Institutions, Banks and Central and State Government Authorities.

For and on behalf of the Board

NUTECH GLOBAL LIMITED

Sd/-

(RAJEEV MUKHWA)

Managing Director

Jaipur Sd/-

Dated : 24th May, 2013 (SHYAM SUNDER MUKHiJA)

Director

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Mar 31, 2012

The Board of Directors have pleasure to present the in presenting the 28th Annual Report and Statement of Accounts for the year ended 31st March, 2012

1. FINANCIAL RESULTS

For the Year ended For the Year ended

31st March, 2012 31st March, 2011

Profit for the Year 75,24,949 61,30,922

Less: Depreciation 58,58,190 51,48,219

Profit before Tax 16,66,759 9,82,703

Current Tax 3,25,109 2,27,514

MAT credit revert back (Recognised) (1,80,435) -

Deferred Tax Provision 3,78,222 (1,74,773)

Profit after Tax 11.43.863 9.29.963

Profit brought forward from last year 15,260,596 14,330,633

Profit carried over to Balance Sheet 16,404,459 15,260,596

OPERATIONS & FUTURE PROSPECTS

During the year company has achieved sales of Rs.2985.41 lacs(P.Y.Rs. 2734.67 lacs).

Dividend

The Board of Directors do not recommend any dividend for the year.

DIRECTORS

Shri Anil Dasot and Smt. Radhika Mukhija, Director of the company, retires by rotation at the ensuing Annual General Meeting and are eligible for reappointment.

PARTICULARS OF EMPLOYEES

There is no person in the employment of the company drawing remuneration exceed as per section 217 (2A) of the Companies Act, 1956.

AUDITOR'S QUALIFICATION

The company is consistently following its Accounting Policy (1-F) in regard to Gratuity. However, the company has ascertain the gratuity liability and the same has been provided in this year.

AUDITORS

M/S O P Dad & Co. Chartered Accountants, Bhilwara to hold office as a Auditor of the Company from ensuing Annual general Meeting to next Annual General Meeting of the Company, subject to approval of members. The company has obtained a certificate as required u/s 224 of the Companies Act ,1956 from M/S O P Dad & Co. Chartered Accountants to the effect that their appointment, if made would be in conformity with the limits specified in the said section.

CORPORATE GOVERNANCE

Pursuant to clause 49 of the Listing Agreements with the Stock Exchanges, a Management Discussion and Analysis, Corporate Governance Report and Auditors' Certificate regarding compliance of conditions of corporate governance are made a part of the Annual Report.

PARTICULARS WITH RESPECT OF CONSERVATION OF ENERGY, TECHNOLOGY ABSORPTION, FOREIGN EXCHANGE EARNING AND OUTGO.

As regards disclosure U/5i 2f7 (1) (e) of the Gomp&nies AcU956 read wtfrthe Ccmp8nies (E)isclo- sure of particulars in the report of Board of Directors) Rules, 1988 regarding conservation of energy, technology absorption and foreign exchange earning and outgo is given in the Annexure "A".

DIRECTOR'S RESPONSIBiyTY STATEMENT

Pursuant to the requirement under Section 217(2AA) of the Companies Act, 1956 with respect to Director's Responsibility Statement, it is hereby confirmed :

(i) that in the preparation of the annual accounts for the financial year ended 31st March, 2012 the applicable accounting standards bad been followed along with proper explanation relating to material departures; s

(ii) that the directors had selected such accounting policies and applied them consistently and made judgments and estimates that were 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 the year under review;

(iii) that the directors had taken proper and sufficient care for the maintenance of adequate accounting records in accordance with the provisions of the Companies Act, 1956 for safeguarding the assets of the Company and for preventing and detecting fraud and other irregularities;

(iv) that the directors had prepared the accounts for the financial year ended 31st March, 2012 on a 'going concern' basis.

APPRECIATION

The Board records its appreciation for the sincere co-operation and guidance from Financial Institutions, Banks and Central and State Government Authorities.

On behalf of the Board of Directors Sd /-

Jaipur (RAJEEV MUKHIJA)

Dated:25th May, 2012 Managing Director

Sd /-

(SHYAM SUNDER MUKHIJA)

Director

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Mar 31, 2010

The Board of Directors have pleasure to present the 26th Annual Report and Statement of Accounts for the year ended 31st March, 2010.

1. FINANCIAL RESULTS

For the Year For the Year ended ended 31st March 2010 31st March 2009

Profit for the year 56,15,423.14 58,22,145.59

Less: Depreciation 50,63,15 .64 74,09,857.71

Profit before tax 5.52.267.50 (15,87,712.12)

Prior period item 53,378.00 (31510.00)

Provision for tax 85,325.00 1,01,363.08

Fringe Benefit Tax 1,590.00 94077.00

Deferred Tax Provision 4,14,336.00 (5,85,230.00)

Profit after tax (2,361.50) (12,29,432.36)

Profit brought forward from last year 14,332,994.54 15,562,426.90

Profit carried over to Balance Sheet 14,330,633.04 1,43,32,994.54

OPERATIONS & FUTURE PROSPECTS

During the year company has achieved sales of Rs.2471.93 lacs(P.Y.Rs. 2419.29 lacs).

DIVIDEND

The Board of Directors do not recommend any dividend for the year.

DIRECTORS

Shri Manish Mandhana and Shri Anil Dasot .Director of the company, retires by rotation at the ensuing Annual General Meeting and are eligible for reappointment.

PARTICULARS OF EMPLOYEES

There is no person in the employment of the company drawing remuneration exceed as per section 217 (2A) of the Companies Act, 1956.

AUDITORS QUALIFICATION

The company is consistently following its Accounting Policy (1-F) in regard to Gratuity. However, the company has ascertain the gratuity liability and the same has been provided in this year.

AUDITORS

M/s B.KHOSLA & Co., Chartered Accountants, M.I.Road, Jaipur will cease to hold office as Auditors of the Company in the ensuing Annual General Meeting of the Company . The Board records its grateful apprecia- tion for the sincere efforts and valuable guidance which has been given time to time by the Auditors B.KhosIa & Co. Chartered Accountants, Jaipur The Board of Directors propose to appoint M/S O P Dad & Co. Chartered Accountants, Bhilwara to hold office as a Auditor of the Company from ensuing Annual general Meeting to next Annual General Meeting of the Company, subject to approval of members. The company has obtained a certificate as required u/s 224 of the Companies Act , 1956 from M/S O P Dad & Co. Chartered Accountants to the effect that their appointment, if made would be in conformity with the limits specified in the said section.

CORPORATE GOVERNANCE

Pursuant to clause 49 of the Listing Agreements with the Stock Exchanges, a Management Discussion and Analysis, Corporate Governance Report and Auditors Certificate regarding compliance of conditions of corporae governance are made a part of the Annual Report.

PARTICULARS WITH RESPECT OF CONSERVATION OF ENERGY, TECHNOLOGY ABSORPTION, FOR- EIGN EXCHANGE EARNING AND OUTGO.

As regards disclosure U/S 217 (1) (e) of the Companies Act, 1956 read with the Companies (Disclosure of particulars in the report of Board of Directors) Rules, 1988 regarding conservation of energy, technology absorption and foreign exchange earning and outgo is given in the Annexure "A".

DIRECTORS RESPONSIBILITY STATEMENT

Pursuant to the requirement under Section 217(2AA) of the Companies Act, 1956 with respect to Directors

Responsibility Statement, it is hereby confirmed :

(i) that in the preparation of the annual accounts for the financial year ended 31st March, 2010 the applicable accounting standards had been followed along with proper explanation relating to material departures;

(ii) that the directors had selected such accounting policies and applied them consistently and made judgments and estimates that were 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 the year under review;

(iii) - that the directors had taken proper and sufficient care for the maintenance of adequate accounting records in accordance with the provisions of the Companies Act, 1956 for safeguarding the assets of the Company and for preventing and detecting fraud and other irregularities;

(iv) that the directors had prepared the accounts for the financ.al year ended 31st March, 2010 on a going concernbasis.

APPRECIATION

The Board records its appreciation for the sincere co-operation and guidance from Financial Institutions, Banks, Central and State Government Authorities.

On behalf of the Board of Directors

(RAJEEV MUKHIJA)

Sd/- Managing Director Bhilwara Dated:31st May, 2010 Sd/- (SHYAM SUNDER MUKHIJA) Director