INVESTOR RELATION

  Calendar of Events
  Corporate Governance
  Director's Report
  Management Discussion and Analysis
  Stock Exchanges where listed
  Dematerialisation of shares   and   liquidity
  Nomination Facility
  Grievance Redressal   Division/Compliance Officer
  Address of the Registrar
  Stock Exchange Submission
  Annual General Meeting

Management Discussion And Analysis

 Overall review, industry Structure and Developments:

The Company has minimal operations at present. Therefore a comparison of industry structure and developments at this stage will be premature and will not serve the desired purpose.


 Opportunities and Threat

The company is awaiting approvals and permissions in order to commence its project at Panangad, Kerala. Pending this, at the moment the Company has very little operations. Therefore an attempt is not made here to evaluate the opportunities and threats.


Segment wise Performance The Company does not have multiple products/segments


Out look
The Board is positive on the future outlook of the company. As a first step, the Company has acquired a property in Cochin and is contemplating developing the property  into Villas/Apartments.


Risk and concern The issue is not relevant due to the factors explained in the earlier paragraphs.


Internal control System Company at present has internal control procedures, which is commensurate with the present requirements. Internal controls are being monitored, reviewed and upgraded on an ongoing basis.


Material developments in Human Resources / Industrial Relations front, including number of people employed

At present , the Company does not have a full fledged HR Department due to low level of activity The Board is keen to have a fully equipped HR Department, once the activity is started in a big way. 

Financial performance with respect to operational performance

                                                

               (Amount in Rs)


Particulars

31-03-2019

31-03-2018

Total Revenue                             

40,635

7,400

Profit/(Loss) before Depreciation & tax     

35,59,851

30,42,601

Less Depreciation & Amortisation

---

12,991

Tax Expenses

-

-

Profit(loss) after tax

35,59,851

30,55,592

Balance of Profit/(Loss) from previous years

25,18,87,858

24,88,32,266

Balance carried to Balance Sheet

25,54,47,709

25,18,87,858

Caution:
The actual performance of the company may vary due to economic  fluctuations , both national and international ,
government regulations, tax laws and other unforeseen factors which are beyond the control of the Company.

 

For CITYMAN LIMITED

 

Santhosh Joseph Karimattom
Chairman & Managing Director

Place:Bangalore

Date: 29-05-2019


 

 

FORM NO. MGT 9

EXTRACT OF ANNUAL RETURN

as on financial year ended on 31.03.2019

Pursuant to Section 92 (3) of the Companies Act, 2013 and rule 12(1) of the Company (Management & Administration ) Rules, 2014.

I

REGISTRATION & OTHER DETAILS:

 

i

CIN

L52322KA1992PLC013512

ii

Registration Date

08/09/1992

iii

Name of the Company

CITYMAN LIMITED

iv

Category/Sub-category of the Company

Company Limited by shares/ Indian Non-Government Company

v

Address of the Registered office & contact details

NO. 153 (OLD NO.43/35) 2ND FLOOR, PROMENADE ROAD, 2ND CROSS, FRAZER TOWN, BANGALORE - 560005

vi

Whether listed company

YES

vii

Name , Address & contact details of the Registrar & Transfer Agent, if any.

INTEGRATED ENTERPRISES (INDIA) LIMITED, NO-30, RAMANA RESIDENCY, GR FLOOR, 4TH CROSS, SAMPIGE ROAD, MALLESWARAM, BANGALORE-560003


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

SL. No.

Name & Description of main products/services

NIC Code of the Product /service

% to total turnover of the company

1

NIL


III. PARTICULARS OF HOLDING , SUBSIDIARY & ASSOCIATE COMPANIES

SL. No.

Name & Address of the Company

CIN/ GLN

HOLDING/SUBSIDIARY/ASSOCIATE

% OF SHARES HELD

APPLICABLE SECTION

---

NIL

---

---

---

---


IV. SHAREHOLDING PATERN (Equity Share capital Break up as % to total Equity)

(i)

Category of Shareholders

 

No. of Shares held at the beginning of the year - 01.04.2018

 

No. of Shares held at the end of the year - 31.03.2019

 

% change during the year

 

Demat

 

Physical

 

Total

 

% of Total Shares

 

Demat

 

Physical

 

Total

 

% of Total Shares

 

 

A. Promoters

 

 

 

 

 

 

 

 

 

 

(1) Indian

8402132

 

-

 

8402132

 

71.81

 

8402132

 

-

 

8402132

 

71.8

 

-

a) Individual/HUF

-

-

-

-

-

-

-

-

 

-

b) Central Govt.or State Govt.

-

-

-

-

-

-

-

-

 

-

c) Bodies Corporates

-

-

-

-

-

-

-

-

 

-

d) Bank/FI

-

-

-

-

-

-

-

-

 

-

e) Any other

-

-

-

-

-

-

-

-

 

-

SUB TOTAL:(A) (1)

8402132

 

-

 

8402132

 

71.81

 

8402132

 

-

 

8402132

 

71.81

 

-

 

 

 

 

 

 

 

 

 

 

 

(2) Foreign

 

 

 

 

 

 

-

-

 

-

a) NRI- Individuals

-

-

-

-

-

-

-

-

 

-

b) Other Individuals

-

-

-

-

 

-

-

-

 

-

c) Bodies Corp.

-

-

-

-

 

-

-

-

 

-

d) Banks/FI

-

-

-

-

-

-

-

-

 

-

e) Any other…

-

-

-

-

-

-

-

-

 

-

 

 

 

 

 

 

-

 

 

 

 

SUB TOTAL (A) (2)

-

-

-

-

-

-

-

-

 

-

 

 

 

 

 

 

 

 

 

 

Total Shareholding of Promoter
(A)= (A)(1)+(A)(2)

8402132

 

-

 

8402132

 

71.81

 

8402132

 

-

 

8402132

 

71.81

 

-

 

 

 

 

 

 

 

 

 

 

 

B. PUBLIC SHAREHOLDING

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(1) Institutions

 

 

 

 

 

 

 

 

 

 

a) Mutual Funds

-

 

2000

 

2000

 

0.02

 

-

 

2000

 

2000

 

0.02

 

 

-

b) Banks/FI

-

-

-

-

-

-

-

-

 

-

C) Centralgovt

-

-

-

-

-

-

-

-

 

-

d) State Govt.

-

-

-

-

-

-

-

-

 

-

e) Venture Capital Fund

-

-

-

-

-

-

-

-

 

-

f) Insurance Companies

-

-

-

-

-

-

-

-

 

-

g) FIIS

-

-

-

-

-

-

-

-

 

-

h) Foreign Venture
 Capital Funds

-

-

-

-

-

-

-

-

 

-

i) Others (specify)

-

-

-

-

-

-

-

-

 

-

 

 

 

 

 

 

 

 

 

 

 

SUB TOTAL (B)(1) (a):

-

 

2000

 

2000

 

0.02

 

-

 

2000

 

2000

 

 

0.02

 

 

 

-

 

 

 

 

 

 

 

 

 

 

 

(2) Non Institutions

 

 

 

 

 

 

 

 

 

 

a) Bodies corporates

 

 

 

 

 

 

 

 

 

 

i) Indian

37349

 

324500

 

361849

 

3.09

 

38780

 

324500

 

363280

 

3.10

 

 

     0.01

ii) Overseas

-

-

-

-

-

-

-

-

 

 

i) Individuals

533733

 

1568600

 

2102333

 

17.97

 

550612

 

1553400

 

2104012

 

17.98

 

 

     0.01

ii) Individual shareholders holding  nominal share capital upto Rs.1 lakhs

173632

 

211400

 

385032

 

3.29

 

173632

 

211400

 

385032

 

3.29

 

 

0.00

c) Others (specify)

 

 

 

 

 

 

 

 

 

 

NRI

117453

 

330200

 

447653

 

3.83

 

117143

 

327300

 

444443

 

3.80

 

 

-0.03

Clearing Member

100

 

-

 

100

 

0.00

 

200

 

-

 

200

 

0.00

 

 

-

Trust

1

 

-

 

1

 

0.00

 

1

 

-

 

1

 

0.00

 

-

 

 

 

 

 

 

 

 

 

 

 

SUB TOTAL (B)(2):

862268

 

2434700

 

3296968

 

28.18

 

880368

 

2416600

 

3298968

 

28.17

 

 

0.00

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

862268

 

2436700

 

3298968

 

28.19

 

862268

 

2418600

 

3298968

 

28.19

 

 

0.00

C. Shares held by Custodian for
GDRs & ADRs

-

-

-

-

-

-

-

-

 

-

Grand Total
(A+B+C)

9264400

 

2436700

 

11701100

 

100.00

 

9282500

 

2418600

 

11701100

 

100.00

 

 

0.00


(II) Shareholding of Promoters

 

Shareholding at the beginning of the year - 01.04.2018

Shareholding at the end of the year - 31.03.2019

SL.
NO

 

Shareholders Name

 

No. of Shares

 

% of Total Shares of the Company

 

% of shares pledged enncumberred to total shares

 

No. of shares

 

% of Total Shares of the Company

 

% of shares pledged enncumberred to total shares

 

% Change in share holding suring the year

1

ANNAMMA Joseph

 

225668

 

1.93

 

-

 

225668

 

1.93

 

-

 

-

2

EMMANUEL PALLATH

 

4500

 

0.04

 

-

 

4500

 

0.04

 

-

 

-

3

JOHN SAJAN

 

500

 

0.00

 

-

 

500

 

0.00

 

-

 

-

4

JOSEPH SAJAN

 

500

 

0.00

 

-

 

500

 

0.00

 

-

 

-

5

JULIAN SANTHOSH.

 

228675

 

1.95

 

-

 

228675

 

1.95

 

-

 

-

6

SAJANI TOBY

 

10

 

0.00

 

-

 

10

 

0.00

 

-

 

-

7

SANTHOSH J K

 

7720312

 

65.98

 

-

 

7720312

 

65.98

 

-

 

-

8

SOBHA SAJAN

 

221667

 

1.89

 

-

 

221667

 

1.89

 

-

 

-

9

ZENA EMMANUEL PALLATH

 

300

 

0.00

 

-

 

300

 

0.00

 

-

 

-

Total

 

8402132

 

71.81

 

-

 

8402132

 

71.81

 

-

 

-

(III) Change in promoters' Shareholding(Specify if there is no change)

 

SHAREHOLDING AT THE BEGINNING OF THE YEAR - 01.04.2018

CUMULATIVE SHAREHOLDING DURING THE YEAR - 31.03.2019

SL.
NO

 

Shareholders Name

 

No. of Shares

 

% of Total Shares of the Company

 

Date

 

Increase/ Decrease in Share Holding

 

Reason

 

No. of shares

 

% of total shares of the company

 

Reason

1

ANNAMMA Joseph

 

225668

 

1.93

 

-

 

-

 

-

 

225668

 

1.93

 

   -

2

EMMANUEL PALLATH

 

4500

 

0.04

 

-

 

-

 

-

 

4500

 

0.04

 

   -

3

JOHN SAJAN

 

500

 

0.00

 

-

 

-

 

-

 

500

 

0

 

   -

4

JOSEPH SAJAN

 

500

 

0.00

 

-

 

-

 

-

 

500

 

0

 

   -

5

JULIAN SANTHOSH.

 

228675

 

1.95

 

-

 

-

 

-

 

10

 

0

 

   -

6

SAJANI TOBY

 

10

 

0.00

 

-

 

-

 

-

 

  10

 

  0

 

   -

7

SANTHOSH J K

 

7720312

 

65.98

 

-

 

-

 

-

 

7720312

 

0

 

   -

8

SOBHA SAJAN

 

221667

 

1.89

 

-

 

-

 

-

 

221667

 

0

 

   -

9

ZENA EMMANUEL PALLATH

 

300

 

0.00

 

-

 

-

 

-

 

300

 

   0

(IV) SHAREHOLDING PATTERN OF TOP TEN SHAREHOLDERS (OTHER THAN DIRECTORS, PROMOTERS AND HOLDERS OF GDRs and ADRs):

 

SHAREHOLDING AT THE BEGINNING OF THE YEAR - 01.04.2018

CUMULATIVE SHAREHOLDING DURING THE YEAR 31.03.2019

SL.
NO

 

NAME OF THE SHARE HOLDER

 

No. of Shares

 

% of Total Shares of the Company

 

Date

 

Increase/Decrease in Share Holding

 

Reason

 

No Of Shares

 

% of Total Shares of the Company

1

CONSENT OVERSEAS INVESTMENTS PVT LTD

 

285000

 

2.44

 

01.04.2018

 

NO MOVEMENT DURING THE YEAR

 

 

 

 

 

 

31.03.2019

 

 

 

285000

 

2.44

2

K V THOMAS

 

116500

 

1.00

 

01.04.2018

 

NO MOVEMENT DURING THE YEAR

 

 

 

 

 

 

31.03.2019

 

 

 

116500

 

1.00

3

THOMAS VARGHESE .

 

90000

 

0.77

 

01.04.2018

 

NO MOVEMENT DURING THE YEAR

 

 

 

 

 

 

31.03.2019

 

 

 

90000

 

0.77

4

NIDHI JOSE

 

56826

 

0.49

 

01.04.2018

 

NO MOVEMENT DURING THE YEAR

 

 

 

 

 

 

31.03.2019

 

 

 

56826

 

0.49

5

SHRIRAM SODHANI

 

50000

 

0.43

 

01.04.2018

 

NO MOVEMENT DURING THE YEAR

 

 

 

 

 

 

31.03.2019

 

 

 

50000

 

0.43

6

MR V T JOHN

 

21300

 

0.18

 

01.04.2018

 

NO MOVEMENT DURING THE YEAR

 

 

 

 

 

 

31.03.2019

 

 

 

21300

 

0.18

7

SANJAYKUMAR SARAWAGI

 

19660

 

0.17

 

01.04.2018

 

NO MOVEMENT DURING THE YEAR

 

 

 

-

 

 

 

31.03.2019

 

 

 

19660

 

0.17

8

KRITIKUMAR P TANNA

 

18202

 

0.16

 

01.04.2018

 

No Change

 

-

 

-

 

-

 

 

 

31.03.2019

 

 

 

18202

 

0.16

9

AARYA M S

 

17000

 

0.15

 

01.04.2018

 

NO MOVEMENT DURING THE YEAR

 

 

 

 

 

 

31.03.2019

 

 

 

16200

 

0.15

10

PARAS SURI

 

16200

 

0.14

 

01.04.2018

 

NO MOVEMENT DURING THE YEAR

 

 

 

 

 

 

 

31.03.2019

 

 

 

16200

 

0.14


V.  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

NIL

    150,122,875

    NIL

    150,122,875

ii) Interest due but not paid

NIL

    NIL

    NIL

    NIL

iii) Interest accrued but not due

NIL

NIL

NIL

NIL

Total (i+ii+iii)

NIL

     150,122,875

     NIL

    145,340,068

Change in Indebtedness during the financial year

NIL

    NIL

    NIL

    NIL

* Addition

NIL

36,25,160

NIL

145,340,068

* Reduction

NIL

     

    NIL

     

Net Change

NIL

    153,748,035

     NIL

    153,748,035

Indebtedness at the end of the financial year

 

      

 

     

i) Principal Amount

NIL

    153,748,035

    NIL

    153,748,035

ii) Interest due but not paid

NIL

     NIL

     NIL

    NIL

iii) Interest accrued but not due

 NIL

     NIL

     NIL

     NIL

Total (i+ii+iii)

 NIL

     153,748,035

    NIL

     153,748,035


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


SN.

Particulars of Remuneration

Name of MD/WTD/ Manager

Total Amount

 

 

Santhosh Joseph Karimattom

----

----

---

 

1

Gross salary

 NIL

 

 

 

 

(a) Salary as per provisions contained in section 17(1) of the Income-tax Act, 1961

NIL

 

 

 

 

(b) Value of perquisites u/s 17(2) Income-tax Act, 1961

NIL

 

 

 

 

(c) Profits in lieu of salary under section 17(3) Income- tax Act, 1961

NIL

 

 

 

 

2

Stock Option

NIL

 

 

 

 

3

Sweat Equity

NIL

 

 

 

 

4

Commission
-  as % of profit
-  others, specify…

 

NIL

 

 

 

 

5

Others, please specify

 

NIL

 

 

 

 

 

Total (A)

 

NIL

 

 

 

 

 

Ceiling as per the Act

 

 NA (no profit)

 

 

 

 

B. Remuneration to other directors

SN.

Particulars of Remuneration

Name of Directors

Total Amount

 

 

Rajendra Patel

Anup Kumar

K. Rajesh

Annamma Joseph

 

1

Independent Directors

 NIL

NIL

NIL

NIL

NIL

Fee for attending board committee meetings

 NIL

NIL

NIL

NIL

NIL

Commission

 NIL

NIL

NIL

NIL

NIL

Others, please specify

 NIL

NIL

NIL

NIL

NIL

Total (1)

 NIL

NIL

NIL

NIL

NIL

2

Other Non-Executive Directors

 NIL

NIL

NIL

NIL

NIL

Fee for attending board committee meetings

 NIL

NIL

NIL

NIL

NIL

Commission

 NIL

NIL

NIL

NIL

NIL

Others, please specify

 NIL

NIL

NIL

NIL

NIL

 

Total (2)

 NIL

NIL

NIL

NIL

NIL

 

Total (B)=(1+2)

 NIL

NIL

NIL

NIL

NIL

 

Total Managerial
Remuneration

 NIL

NIL

NIL

NIL

NIL

 

Overall Ceiling as per the Act

 NA

NA

NA

NA

NA


C. REMUNERATION TO KEY MANAGERIAL PERSONNEL OTHER THAN     MD/MANAGER/WTD

SN

Particulars of Remuneration

Key Managerial Personnel

 

 

    CEO

     CS

    CFO

    Total

1

Gross salary

 

 

 

 

(a) Salary as per provisions contained in section 17(1) of the Income-tax Act, 1961

 

    180,000

     648,000

    828000

(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

 

 

 

 

2

Stock Option

 

 

 

 

3

Sweat Equity

 

 

 

 

4

Commission

 

 

 

 

 

-  as % of profit

 

 

 

 

 

others, specify…

 

 

 

 

5

Others, please specify

 

 

 

 

 

Total

 

    180,000

     648,000

    828000


VII. PENALTIES / PUNISHMENT/ COMPOUNDING OF OFFENCES:


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

 NIL

NIL

NIL

NIL

NIL

Punishment

NIL

NIL

NIL

NIL

NIL

Compounding

NIL

NIL

NIL

NIL

NIL

B. DIRECTORS

Penalty

NIL

NIL

NIL

NIL

NIL

Punishment

NIL

NIL

NIL

NIL

NIL

Compounding

NIL

NIL

NIL

NIL

NIL

C. OTHER OFFICERS IN DEFAULT

Penalty

NIL

NIL

NIL

NIL

NIL

Punishment

NIL

NIL

NIL

NIL

NIL

Compounding

NIL

NIL

NIL

NIL

NIL

 

FORM NO. AOC -2
(Pursuant to clause (h) of sub-section (3) of section 134 of the Act and Rule 8(2) of the Companies (Accounts) Rules, 2014.

Form for Disclosure of particulars of contracts/arrangements entered into by the company with related parties referred to in sub section (1) of section 188 of the Companies Act, 2013 including certain arms length transaction under third proviso thereto.

1.    Details of contracts or arrangements or transactions not at Arm’s length basis.

SL. No.

Particulars

Details

a)

Name (s) of the related party & nature of relationship

NOT APPLICABLE

b)

Nature of contracts/ arrangements/ transaction

NOT APPLICABLE

c)

Duration of the contracts/ arrangements/ transaction

NOT APPLICABLE

d)

Salient terms of the contracts or arrangements or transaction including the value, if any

NOT APPLICABLE

e)

Justification for entering into such contracts or arrangements or transactions’

NOT APPLICABLE

f)

Date of approval by the Board

NOT APPLICABLE

g)

Amount paid as advances, if any

NOT APPLICABLE

h)

Date on which the special resolution was passed in General meeting as required under first proviso to section 188

NOT APPLICABLE

2.    Details of contracts or arrangements or transactions at Arm’s length basis.

SL. No.

Particulars

Details

a)

Name (s) of the related party & nature of relationship.

NOT APPLICABLE

b)

Nature of contracts/arrangements/transaction

NOT APPLICABLE

c)

Duration of the contracts /arrangements/ transaction.

NOT APPLICABLE

d)

Salient terms of the contracts or arrangements or transaction including the value, if any

NOT APPLICABLE

e)

Date of approval by the Board.

NOT APPLICABLE

f)

Amount paid as advances, if any

NOT APPLICABLE

Place: Bengaluru

Date: 29.05.2018

By Order of the Board

Santhosh J Karimattom

Chairman & Managing Director

Annamma Joseph

Director

 

FORM AOC -1

(Pursuant to first proviso to sub-section (3) of section 129 read with rule 5 of Companies (Accounts) Rules, 2014)

Statement containing salient features of the financial statement of subsidiaries/associate companies/joint ventures

Part “A”: Subsidiaries

(amounts in Rs)

    

1

Names of the subsidiaries -à

Not applicable

2

The date since when subsidiary was acquired

Not applicable

3

Reporting period for the subsidiary concerned, if different from the holding company’s reporting period

Not applicable

4

Reporting currency and Exchange rate as on the last date of the relevant Financial year in the case of foreign subsidiaries

Not applicable

5

Share capital

Not applicable

6

Reserves & surplus

Not applicable

7

Total assets

Not applicable

8

Total Liabilities

Not applicable

9

Investments

Not applicable

10

Turnover

Not applicable

11

Profit before taxation

Not applicable

12

Provision for taxation

Not applicable

13

Profit after taxation

Not applicable

14

Proposed Dividend

Not applicable

15

% of shareholding

Not applicable

1. Names of subsidiaries which are yet to commence operations: NIL
2. Names of subsidiaries which have been liquidated or sold during the year: NIL

Part “B”: Associates and Joint Ventures

Statement pursuant to Section 129 (3) of the Companies Act, 2013 related to Associate Companies and Joint Ventures

Name of associates/Joint Ventures

Not applicable

1.      Latest Audited Balance Sheet Date

Not applicable

2.      Shares of Associate/Joint Ventures held by the company on the year       end

Not applicable

Amount of Investment in Associates/Joint Venture

Not applicable

Extend of Holding%

Not applicable

3.      Description of how there is significant influence

Not applicable

4.      Reason why the associate/joint venture is not consolidated

Not applicable

5.      Net worth attributable to shareholding as per latest audited Balance Sheet

Not applicable

6.      Profit/Loss for the year

Not applicable

i.                     Considered in Consolidation

Not applicable

ii.                   Not Considered in Consolidation

Not applicable

1. Names of associates or joint ventures which are yet to commence operations: NA
2. Names of associates or joint ventures which have been liquidated or sold during the year.: NA


For and on behalf of the Board of Directors

As per our report of even date attached


Santhosh Joseph Karimattom
For NSVM & Associates
Annamma Joseph
DIN: 00998412
Chartered Accountants
DIN: 01832564
Managing Director/ CEO
FRN No.010072S
Director

D.E. Chandrasekaran
G C S Mani
T.N. Sajeevan
Company Secretary
Partner M. No. 036508
Chief Financial Officer

Place : Bengaluru

Date: 29-05- 2018