ANNUAL REPORT

F.Y.2016-17

ULTRA WIRING CONNECTIVITY SYSTEM PRIVATE LIMITED

B-78, NIRMAN VIHAR, NEW DELHI-110092

BOARD OF DIRECTORS

Mr. Sanjay Mathur Director

Mrs. Archana Mathur Director

BANKERS

HDFC BANK LIMITED

AXIS BANK LIMITED

AUDITORS

SANMARK & ASSOCIATES

Chartered Accountants

B-504, 1st Floor, Nehru Ground

N.I.T., Faridabad (HR.)-121001.

REGISTERED OFFICE

B-78, Nirman Vihar, New Delhi-110092.

CORPORATE OFFICE

Plot No. 287- A&B, Sector-59, HSIDC Industrial Estate, Ballabgarh, Faridabad,

Haryana 121004.

ULTRA WIRING CONNECTIVITY SYSTEM PRIVATE LIMITED Regd office: B-78 Nirman Vihar New Delhi 110092

CIN: U31300DL2005PTC137050 , Email : skagrawalfbd@yahoo.co.in

__________________________________________________________

NOTICE

Notice is hereby given that the 12th Annual General Meeting of the Company will be held on Friday, 30th September 2017 at 11.00 AM at the Registered Office of the Company to transact the Following business:-

ORDINARY BUSINESS:

1. To receive, Consider and adopt the Audited financial statements of the company for the

year ended 31st March 2017 together with the Report of the Directors and Auditor's

thereon.

2. To appoint Auditors and in this regard to consider and if thought fit, to pass, with or without modification(s), the following Resolution as an Ordinary Resolution: “RESOLVED THAT pursuant to section 139 of the Companies Act 2013 and rules made there under, M/s Sanmarks & Associates Chartered Accountants, Faridabad, having ICAI registration No. 003343N be and is hereby ratified by the members of the company for the financial year 2017-2018 at such remuneration as may be determined by the Board of Directors of the Company.”

By Order of the Board of Directors

For ULTRA WIRING CONNECTIVITY SYSTEM PRIVATE LIMITED

Sd/- Sd/-

Place: Delhi

Date: 02.09.2017

SANJAY MATHUR

(Director)

DIN : 00285032

R/o: H.NO.-955, SECTOR-28

FARIDABAD 121008 HR IN

ARCHANA MATHUR

(Director)

DIN : 00285041

R/o: H.NO.-955 SECTOR-

28 FARIDABAD 121008

HR IN

NOTES:

1. A MEMBER ENTITLED TO ATTEND AND VOTE AT THE MEETING IS ALSO ENTITLED TO APPOINT A PROXY TO ATTEND AND VOTE INSTEAD OF HIMSELF. THE PROXY NEED NOT BE A MEMBER OF THE COMPANY. THE PROXY FORM DULY STAMPED, COMPLETED AND SIGNED SHOULD BE DEPOSITED AT THE REGISTERED OFFICE OF THE COMPANY AT LEAST 48 HOURS BEFORE THE TIME FIXED FOR THE MEETING.

Directors’ Report

To The Members, Your Directors have pleasure in presenting their 12th Annual Report together with the Audited Statement of Accounts for the Financial Year ended March 31, 2017. Financial summary of the Company During the year under review your company incurred a profit of Rs.5850387/-. The summary of the operating results is as under:

Amt in Rs.

PARTICULARS 31.03.2017 31.03.2016

Revenue from operations 149,621,190 137,770,657

Other Income 2,317,486 1,605,555

Total Income 151,938,676 139,376,211

Total Expenses 141,675,116 131,297,768

Profit before tax 10,263,559.41 8,078,443.28

Tax expense:

-Current tax 2,634,180 2,073,502

- Deferred tax 528,735 154,554

Profit after Tax 7,100,644.88 5,850,387.27

Earning per equity share: - -

(1) Basic 20.41 16.81

(2) Diluted 20.41 16.81 Dividend The profits earned by the company are required for future projections hence no dividend has been recommended.

Reserves The company has transferred an amount of profit of Rs.71,00,644.88/-to the reserves. Share Capital The paid up Equity Share Capital as on March 31, 2017 was Rs. 34,79,610/-. During the year under review the company has not issued any shares or any convertible instruments. Brief description of the Company’s working during the year/State of Company’s affair The company has done business of manufacturing of dies for drawing or extruding metal and the turnover of the Company is Rs. 14,96,21,190.13/- as compared to Rs. 13,77,70,656.55/- in the Last Year and the Company is trying harder to achieve its Financial Goals. Change in the nature of business, if any There were no changes in the business of the company during the financial year 2016-17.

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 There was no material changes occurred between the said period.

Details of significant and material orders passed by the regulators or courts or tribunals impacting the going concern status and company’s operations in future There was no material orders passed which can have impacts on company’s going concern status and its operations in future. Details of Subsidiary/Joint Ventures/Associate Companies The clause is not applicable, Company does not have any Subsidiary/ Joint Ventures/Associate Company. Deposits The company did not receive any deposits as covered under Chapter V of the Act; hence it is not applicable on company. Auditors

Statutory Auditors In accordance of Section 139 of the Companies Act 2013, M/s M/s SANMARKS &

Associates, (Firm Registration No. 003343N), Chartered Accountants, were appointed in

the annual general meeting held in the year 2014 for a period of 5 years which was

ratified by the members of the company for the financial year 2016-2017 in the previous

Annual General Meeting held in 2016.

You are requested to ratify the re-appointment of Auditors for the financial year 2016-17 and to authorise the Board to fix their remuneration. The auditors are eligible for reappointment. A certificate from the Auditors has been received to the effect that their reappointment, if made, would be within the prescribed limits.

Secretarial Auditors Considering the legal provisions for appointing secretarial auditors as per section 204 of Companies act, 2013 and The Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014, the company is not falling in this ambit.

Internal Auditors Considering the legal provisions for appointing Internal auditors as per section 138 of Companies act, 2013, the company is not falling in this ambit.

Auditors’ Report Auditors of the Company have not expressed any qualification in their report. And notes to the Accounts where ever given are self-explanatory hence do not require any clarification by the directors.

Extract of the annual return The details forming part of the extract of the Annual Return in form MGT 9 is annexed herewith. Conservation of energy, technology absorption and foreign exchange earnings and outgo The particulars in respect of energy Conservation and Technology Absorption are not applicable to the company. Foreign Exchange outgo : NIL

Foreign Exchange Earnings : NIL Corporate Social Responsibility (CSR) The provisions of Companies Act, 2013 regarding Corporate Social Responsibility are not applicable on the company. Directors: A) Changes in Directors and Key Managerial Personnel There has been no change in the Directors and key managerial personnel since last year. B) Declaration by an Independent Director and re- appointment The Company is a private limited company and hence not required to appoint the independent directors. Number of meetings of the Board of Directors During the year 5 Board Meetings were held. Particulars of loans, guarantees or investments under section 186 There are no loans, guarantees or investments as existing in the balance sheet. Particulars of contracts or arrangements with related parties: All related party transactions entered into by your Company during the financial year were on an arm’s length basis and were in the ordinary course of business. There were no materially significant related party transactions made by the Company with related parties. Prior omnibus approval of the Board of Directors/Audit Committee was obtained for those transactions which were of routine nature. Accordingly, the disclosure of Related Party Transactions as required under Section 134(3) (h) of the Act, in Form AOC-2 is not applicable. Attention of members is also drawn to the disclosure of transactions with related parties set out in Notes of Standalone Financial Statements, forming part of the Annual Report. None of the Directors has any pecuniary relationships or transactions vis-à-vis the Company. Managerial Remuneration: There was payment of Rs. 24,00,000/- as director’s remuneration, detailed list is as follows during the year, other than that no managerial remuneration paid by the company.

Mr. Sanjay Mathur Director Rs. 12,00,000 Director Remuneration

Mrs. Archana Mathur Director Rs. 12,00,000 Director Remuneration

Further, no sitting fees have been paid to any director during the year. The particulars of the employees who are covered by the provisions contained in Rule 5(2) and rule 5(3) of Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014 are: a) Employed throughout the year Nil b) Employed for part of the year Nil

Risk management policy A risk management policy for the Company including identification therein of elements of risk, if any, which in the opinion of the Board may threaten the existence of the company are decided by board of the directors on requirement basis. Internal Control Systems The Company’s internal control systems are adequate and commensurate with the nature and size of the Company and it ensures:

Timely and accurate financial reporting in accordance with applicable accounting standards.

Optimum utilization, efficient monitoring, timely maintenance and safety of its assets.

Compliance with applicable laws, regulations and management policies. Directors’ Responsibility Statement Pursuant to The Directors’ Responsibility Statement referred to in clause (c) of sub-section (3) of Section 134 of the Companies Act, 2013 the director’s of the company confirm the following: (a) In the preparation of the annual accounts, the applicable accounting standards have been followed along with proper explanation relating to material departures; (b) the directors 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 and loss of the company for that period; (c) the directors have 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 for the financial year ended 31st March, 2016 on a going concern basis; and (e) the directors have devised proper systems to ensure compliance with the provisions of all applicable laws and that such systems were adequate and operating effectively. Acknowledgements The Board of Directors of the Company thanks and wishes to place on record their sincere appreciation for the efforts and cooperation extended to all those associated with the company.

By Order of the Board of Directors

For ULTRA WIRING CONNECTIVITY SYSTEM PRIVATE LIMITED

Sd/- Sd/-

Place: New Delhi

Date: 02.09.2017

SANJAY MATHUR

(Director)

DIN : 00285032

R/o:H.NO.-955, SECTOR-28

FARIDABAD 121008 HR IN

ARCHANA MATHUR

(Director)

DIN :00285041

R/o: H.NO.-955 SECTOR-

28 FARIDABAD 121008

HR IN

FormNo.MGT-9 EXTRACT OF ANNUAL RETURN AS ON THE FINANCIAL YEAR END ON 31.03.2016

[Pursuant to section 92(3) of the Companies Act, 2013 andrule12 (1) of the

Companies (Management and Administration) Rules, 2014] I.REGISTRATION AND OTHER DETAILS:

i. CIN U31300DL2005PTC137050

ii. Registration Date 01/06/2005

iii. Name of the Company ULTRA WIRING CONNECTIVITY SYSTEM PRIVATE LIMITED

iv. Category/Sub-Category of the Company Company Limited By Shares

v. Address of the Registered office and contact details

B-78 NIRMAN VIHAR NEW DELHI DL 110092 IN

vi. Whether listed company No

vii. Name, Address and Contact details of Registrar and Transfer Agent, if any

NIL

II. PRINCIPAL BUSINESS ACTIVITIES OF THE COMPANY

All the business activities contributing 10% or more of the total turnover of the company shall be stated:-

Sr. No.

Name and Description of main products/ services

NIC Code of the Product/ service

% to total turnover of the company

1 Manufacturing of DIES FOR DRAWNG OR EXTRUDNG METAL

27190 100%

III. PARTICULARS OF HOLDING, SUBSIDIARY AND ASSOCIATE COMPANIES

Sr. No.

Name And Address Of The Company

CIN/GLN Holding/ Subsidiary

/Associate

%of shares held

Applicable Section

1. N.A. - - - -

IV. SHARE HOLDING PATTERN (Equity Share Capital Breakup as percentage of Total Equity)

i. Category-wise Share Holding

Category of Shareholders

No. of Shares held at the beginning of the year

No. of Shares held at the end of the year

% Change during The year

Demat Physical Total % of Total Shares

Dem at

Physical Total % of Total Shares

A. Promoter

1) Indian

a) Individual/ HUF 0 347961 347961 100 0 347961 347961 100 0

b) Central Govt 0 0 0 0 0 0 0 0 0

c) State Govt(s) 0 0 0 0 0 0 0 0 0

d) Bodies Corp 0 0 0 0 0 0 0 0 0

e) Banks / FI 0 0 0 0 0 0 0 0 0

f) Any Other 0 0 0 0 0 0 0 0 0

Sub-total(A)(1):- 0 347961 347961 100 0 347961 347961 100 0

2) Foreign

g) NRIs-Individuals 0 0 0 0 0 0 0 0 0

h) Other-Individuals 0 0 0 0 0 0 0 0 0

i) Bodies Corp. 0 0 0 0 0 0 0 0 0

j) Banks / FI 0 0 0 0 0 0 0 0 0

k) Any Other….

Sub-total(A)(2):- 0 0 0 0 0 0 0 0 0

B. Public Shareholding

1. Institutions

a) Mutual Funds 0 0 0 0 0 0 0 0 0

b) Banks / FI 0 0 0 0 0 0 0 0 0

c) Central Govt 0 0 0 0 0 0 0 0 0

d) State Govt(s) 0 0 0 0 0 0 0 0 0

e) Venture Capital Funds

0 0 0 0 0 0 0 0 0

f) Insurance Companies

0 0 0 0 0 0 0 0 0

g) FIIs 0 0 0 0 0 0 0 0 0

h) Foreign Venture Capital Funds

0 0 0 0 0 0 0 0 0

i) Others (specify) 0 0 0 0 0 0 0 0 0

Sub-total(B)(1) 0 0 0 0 0 0 0 0 0

2. Non Institutions

a) Bodies Corp.

(i) Indian (ii) Overseas

0 0 0 0 0 0 0 00 0

b) Individuals

(i) Individual shareholders holding nominal share capital upto Rs. 1 lakh (ii) Individual shareholders holding nominal share capital in excess of Rs 1 lakh

0 0 0 0 0 0 0 0 0

c) Others(Specify) 0 0 0 0 0 0 0 0 0

Sub-total(B)(2) 0 0 0 0 0 0 0 0 0

Total Public Shareholding (B)=(B)(1)+ (B)(2)

0 0 0 0 0 0 0 0 0

C. Shares held by Custodian for GDRs& ADRs

0 0 0 0 0 0 0 0 0

Grand Total (A+B+C)

0 347961 347961 100 0 347961 347961 100 0

ii.Shareholding of Promoters

Sr. No

Shareholder’s Name

Shareholding at the beginning of the year

Shareholding at the end of the year

No. of Shares

% of total Shares of the company

%of Shares Pledged / encumbered to total shares

No. of Shares % of total Shares of the company

%of Shares Pledged / encumbered to total shares

% change in share holding during the year

1. Sanjay Mathur 118605 34.09 0 Sanjay Mathur

118605 34.09 0

2. Archana Mathur 229356 65.91 0 Archana Mathur

229356 65.91 0

Total 347961 100 347961 100 0

iii.Change in Promoters’ Shareholding(please specify, if there is no change

Sr. no Shareholding at the beginning of the year

Cumulative Shareholding during the year

No. of shares % of total shares of the company

No. of shares % of total shares of the company

At the beginning of the year NO CHANGE

Date wise Increase / Decrease in Promoters Share holding during the year specifying the reasons for increase / decrease (e.g. allotment / transfer / bonus/ sweat equity etc):

At the End of the year

iv.Shareholding Pattern of top ten Shareholders:

(Other than Directors, Promoters and Holders of GDRs and ADRs):

Sr. no

For Each of the Top 10 Shareholders

Shareholding at the beginning of the year

Cumulative Shareholding during the year

No. of shares

% of total shares of the company

No. of shares

% of total shares of the company

At the beginning of the year Nil

Date wise Increase / Decrease in Promoters Shareholding during the year specifying the reasons for increase /decrease (e.g. allotment / transfer / bonus/ sweat equity etc):

At the end of the year

v.Shareholding of Directors and Key Managerial Personnel:

Sr.

no

Shareholding of each Directors and each Key Managerial Personnel

Shareholding at the beginning of the year

Cumulative Shareholding during the year

No. of shares

% of total shares of the company

No. of shares

% of total shares of the company

At the beginning of the year Sanjay Mathur Archana Mathur

347961 118605 229356

100 34.09 65.91

347961 118605 229356

100 34.09 65.91

Date wise Increase / Decrease in Promoters Shareholding during the year specifying the reasons for increase /decrease (e.g. allotment / transfer / bonus/ sweat equity etc.):

At the end of the year Sanjay Mathur Archana Mathur

347961 118605 229356

100 34.09 65.91

347961 118605 229356

100 34.09 65.91

INDEBTEDNESS

Indebtedness of the Company including interest outstanding/accrued but not due for payment

Secured Loans excluding deposits

Unsecured Loans

Deposits Total Indebtedness

Indebtedness at the beginning of the financial year

i) Principal Amount ii) Interest due but not paid iii) Interest accrued but not

2539097.76 0 0

28700000

0 0 0

31239097.76 0 0

Total(I + ii +iii) 2539097.76 28700000 0 31239097.76

Change in Indebtedness during the financial year - Addition - Reduction

1435214.24

0 (700000)

0 ( 0)

14,35,214.24 ( 7,00,000)

Net Change 1435214.24 (700000) (0) 7,35,214.24

Indebtedness at the end of the financial year i) Principal Amount ii) Interest due but not paid iii) Interest accrued but not due

39,74,312.00 0 0

28,000,000

0 0 0

3,19,74,312.00 0 0

Total (I +ii +iii) 39,74,312.00 28,000,000 0 3,19,74,312.00

V.REMUNERATION OF DIRECTORS AND KEY MANAGERIAL PERSONNEL A. Remuneration to Managing Director, Whole-time Directors and/or Manager

Sl. No. Particulars of Remuneration Name of MD/WTD/ Manager

Total Amount

1. Gross salary (a)Salary as per provisions containedinsection17(1) of the Income-tax Act, 1961 (b)Value of perquisites u/s 17(2)Income-tax Act, 1961 (c)Profits in lieu of salary undersection17(3) Income- taxAct,1961

0 0 0 0 0

2. Stock Option 0 0 0 0 0

3. Sweat Equity 0 0 0 0 0

4. Commission - as% of profit - others, specify…

0 0 0 0 0

5. Others, please specify 0 0 0 0 0

6. Total(A) 0 0

Ceiling as per the Act 0 0 0 0 0

B. Remuneration to other directors:

Sl. No. Particulars of Remuneration Name of MD/WTD/ Manager

Total Amount

Independent Directors ·Fee for attending board committee meetings

·Commission

·Others, please specify

0 0 0 0 0

Total(1) 0 0 0 0 0

Other Non-Executive Directors ·Fee for attending board committee meetings ·Commission ·Others, please specify

0 0 0 0 0

Total(2) 0 0 0 0 0

Total(B)=(1+2) 0 0 0 0 0

Total Managerial Remuneration 0 0 0 0 0

Over all Ceiling as per the Act 0 0 0 0 0

C. Remuneration to Key Managerial Personnel Other Than MD/Manager/WTD

Sl. no. Particulars of Remuneration

Key Managerial Personnel

Director

Company Secretary

CFO Total

1. Gross salary (a)Salary as per provisions contained in section17(1)of the Income-tax Act,1961 SANJAY MATHUR ARCHANA MATHUR (b)Value of perquisites u/s

17(2)Income-tax Act,1961

(c)Profits in lieu of salary under section 17(3)Income-tax

Act,1961

Rs. 12,00,000/- Rs. 12,00,000/-

0

0

Rs.12,00,000/- Rs. 12,00,000/-

2. Stock Option 0 0 0 0

3. Sweat Equity 0 0 0 0

4. Commission - as% of profit

-others, specify…

0 0 0 0

5. Others, please specify 0 0 0 0

6. Total Rs. 24,00,000/- 0 0 Rs. 24,00,000/-

V. PENALTIES/PUNISHMENT/COMPOUNDINGOFOFFENCES:

Type Section of the companies Act

Brief description

Details of Penalty/

Punishment/Compounding

fees imposed

Authority[RD /NCLT/Court]

Appeal made. If any(give details)

A. Company

Penalty 0 0 0 0 0

Punishment 0 0 0 0 0

Compounding 0 0 0 0 0

B. Directors

Penalty 0 0 0 0 0

Punishment 0 0 0 0 0

Compounding 0 0 0 0 0

C. Other Officers In Default

Penalty 0 0 0 0 0

Punishment 0 0 0 0 0

Compounding 0 0 0 0 0