Annual Report: 2022
The following is a detailed summary of the 42nd Annual Report for the financial year 2021-22 of Camac Commercial Company Limited.
I. Company Overview and AGM Details: The 42nd Annual General Meeting (AGM) of Camac Commercial Company Limited will be held on September 30, 2022, at 10:15 A.M. IST via Video Conferencing (VC). Physical attendance is not required. The notice details procedures for participating in the AGM through VC and e-voting, including registration deadlines, contact information for technical support, and requirements for institutional shareholders. The Company Secretary is Ms. Shakshi Mishra. The corporate identification number (CIN) is L70109DL1980PLC169318. The registered office is located in New Delhi.
II. Ordinary Business at the AGM: The meeting will address the following:
III. Financial Performance and Results: The report presents the standalone and consolidated financial results for the year ended March 31, 2022, prepared in accordance with Indian Accounting Standards (Ind AS).
IV. Directors and Key Managerial Personnel:
V. Committees of the Board: The Board has constituted an Audit Committee, Nomination & Remuneration Committee, and Stakeholders Relationship Committee. Details of their constitution and meetings are provided.
VI. Auditors:
VII. Other Key Highlights:
VIII. Notes to Financial Statements:
The annual report includes detailed notes to the financial statements, providing information on accounting policies, financial instruments, share capital, reserves, provisions, contingent liabilities, related party disclosures, and other matters required by Ind AS. Of note are details of the company's investment portfolio and compliance with NBFC regulations. These notes contain detailed information on the various line items presented in the balance sheet and statement of profit and loss. Management has presented an assessment of these events in a "Management Discussion and Analysis" section.
IX. Auditors' Reports: The report includes the Independent Auditor's Report on both the standalone and consolidated financial statements, along with a separate report on internal financial controls. The Independent Auditor's Report on the consolidated financial statements expresses an unmodified opinion. The Key Audit Matters are addressed in the context of the Consolidated Financial Statements as a whole, and in forming an opinion. There are no Key audit matters to be communicated in this report. The Independent Auditor's Report has also addressed the compliance of the conditions of Corporate Governance
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