MY TURF HOSPITALITY PRIVATE LIMITED CIN: U74999PN2018PTC174183; Email: yogesh.mehra@yolohomes.com Reg Office: Hills & Dales, $. No 13/14 Undri, Pune-411028 BOARD'S REPORT To The Members of My Turf Hospitality Private Limited The Directors have pleasure in submitting their Annual Report of the Company together with the Audited Statements of Accounts as at 31” of March, 2021, FINANCIAL HIGHLIGHTS ‘The Company's financial performance, for the year ended March 31, 2024. (hereinafter referred as “financial period”) under review are given hereunder: Amount in Rs. Particulars 2020-23 2019-20 | Revenue from Operations 12,04,399.00 1A1,61,796.00 “Other Income 7,28,601.00 | 56,008.00 | [Total income 119,33,000.00 4,42,17,804,00 Expenses excluding depreciation and amortization 3,02,15,775.00 4,65,77,450.00 | Depreciation and Amortization 16,58 465.00 10,68,936.00 Total Expenses 318,74 280,00 4,76,46,386,00 Profit/Loss before Exceptional and Extraordinary Items | and Tax (299,42,240.00) | _(3,34,28,582.00) Exceptional items 0.00 0.00 Profit Before Extraordinary items and Tax (2,99,41,240.00) | (3,34,28,582.00) Extraordinary items 0.00 0.00 Profit] (Loss) before Taxation (299,41,240.00) | (3,34,28,582.00) Tass: Tax Expenses Current Tax. 0.00 9.00 Deferced tax PITAL 187,284.00 16,198.00 Wat profit/ioxs for the pariod Te Yaa saa.) | 647888) IDIVIDEND In view of losses, your Directors do not recommend any dividend for the Financial Year ended 31" March, 2021. OF COMPANY'S AFFAIRS ‘The Company Is engaged in the business of providing managed residency’to students which includes provisions of rental secommedation along with furniture and electronic appliances whether taken on rent or owned by Company and related amenities. There has been no change in the business of the Company duting the financial year ended 31st March, 2023, TRANSFER TO RESERVES IN TERIMS OF SECTION 134 (3) (J) OF THE COMPANIES ACT, 2013 ‘The loss amounting to Rs. 3,00,88,524/- has been transferred to Reserves and Surplus, INFORMATION ABOUT SUBSIDIARY/ JV/ ASSOCIATE COMPANY Company does not have any Subsidiary or Associate Compary, but the company has a Joint Venture ‘Tribe Stays" TRANSFER OF UNCLAIMED DIVIDEND TO INV! PROTECTION FUND ‘The provisions of Section 125(2) of the Companies Act, 2013 do nat apply as there was no dividend ceclared and paid. MATERIAL CHANGES & COMMIT! (TS, BETWEEN THE DATE OF BALANCE SHEET AND THE DATE OF REPORT ‘There have been no material changes and commitments 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, except as disclosed elsewhere in this report. DETAILS OF POLICY DEVELOPED AND IMPLEMENTED BY THE IN ITS CORPORATE SOCIAL ESPONSIBI WTIATIVES: The Company has not developed and implemented any Corporate Social Responsibility initiatives as the said provisions are not applicable,DEPOSITS During the year under review, the Company has not accepted any deposits from public during the year. However, the company has accepted sum ftom its directors and their relatives which is considered a5 exempted deposit. MEETINGS OF THE BOARD OF DIRECTORS During the financial year under review, the Board met $ times viz., April 7, 2020, August 4, 2020, October 26, 2020, December 3, 2020 and March 19, 2021. The maximum interval between any two meetings did not exceed 120 days. Details of attendances are as under: No. of Board Meetings Sr.No, | Director id Attended 1 | Yogesh Lajpairal Mehra 2 | Deepak Prakeshchand Soni 3. | Shantam Yogesh Mehra 4 | Ebrahim Taher Chi ala wonton wlio 5 | Nandkishor Govindlal Mundada DIRECTORS AND KMIP During the financial year under review, there has been no change in the Board composition of the Company. EXTRACT OF ANNUAL RETURN ‘The Extract of Annual Return as required under section 92(3) of the Companies Act, 2013 and rule 12(2) of the Companies (Management and Administration) Rules, 2014, in Form MGT-9 is annexed herewith for your kind perusal end information. (Annexure: 1) DIRECTORS’ RESPONSIBILITY STATEMENT Pursuant to Section 134(5) of the Companies Act, 2013 the Board of Directors of the Company confirms that- (a) In the preparation of the annual atcounts, the applicable accounting standards had follawed and there were no material departure; (b) The directors had selected such accounting policies and applied them consistently atjudgments and estimates that are reasonable and prudent so as to glvea true and fair view of the state of affairs of the company at the end of the financial year and of the loss of the company for that period; {c) The directors had taken proper and sufficient care for the maintenance of adequate accounting recards in sccordance 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 anndal accountson a going concern basis; and (e) Company being unlisted sub’ctouse (0) of section 134(a) is net applicable. {f) The directors had devised proper systeins to ensure compliance with the provisions of all ‘applicable laws and that such systems were adequate and operating effectively. COMMISSION RECEIVED BY DIRECTORS FROM HOLDING/SUBSIDIARY During the year under review, the Director of the Company does not receive any commission from halding or subsidiary company the provision of the section 197 (14) of Companies Act, 2013. AUDITORS In the Annual General Mesting of the Company held on December 31, 2019, M/s PRASS & ASSOCIATES LLP (itm Registration No. 107826W/W100222), Pune, were appointed as the statutory Auditor of the Company for the period of five years starting from the conclusion of Annual General Meeting held on December 31, 2019 til the conclusion of the Annual General Meeting ta beheld in the year 2024, COMMENTS/RESERVATIONS/QUALIFICATIONS IN AUDITOR'S REPORT & REPLY BY THE MANAGEMENT There are no qualifications ar adverse remarks in the Auditors’ Report which require any clariffeation/ explanation, The Notes on financial statements are self-explanatory and needs no further explanation, REPORTING OF FRAUD BY STATUTORY AUDITORS Further there was no fraud Suspects in the Company, hence no reporting was made by statutory auditors of the Company under sub-section (12) of section 143 of Companies Act, 2013. (COST RECORD AND/OR COST AUDIT During the year under review, your compary does not fall within the provisions of Section 148 of ‘Company's Act, 2013 read with the Companies (Cast records & Audit) Rules, 2014, ther uch records required to be maintained.PARTICUL LOANS, GUARANTEES OR INVESTMEN’ MPL There were no loans given, guarantees or investments made by the Company undar Section 186 of the Companies Act, 2013 during the year under review. RELATED PARTY TI During the financtal year under review there has been related party transactions made by the Company cTIONS with Promoters, Directors, Kay Managerial Parsonnal or other designated persons which may have 2 potential conflict with the interest of the Company at large, further form no. AOC:2 is annexed herewith ‘85 Annexure: 2 CONSERVATION OF ENERGY, TECHNOLOGY ABSORPTION AND FOREIGN EXCHANGE EARNING AND ‘OUTGO: ‘The information pertaining to conservation of energy, technology absorption, Foreign exchange Earnings and outgo as required under Section 134 (3)(m) of the Companies Act, 2013 read with Rule 8(3) of the ‘Companies (Accounts) Rules, 2014 is given as below: a) CONSERVATION OF ENERGY ‘The operations cartied out by the Company ate such that they are not deemed as energy intensive, However, the Company constantly makes efforts to avoid excessive consumption of energy. The measures are aimed at effective management and utilization of energy resources and resultant cost seving of the Company. b) TECHNOLOGY ABSORPTION (i) Efforts made towards technology absorption : NL (i) Benefits derived 2s a result of the above efforts : Nil (ii) Technology imported during the last three years : Nil (iv) Expenditure incurred on Research and Development =: Nil 1c) FOREIGN EXCHANGE EARNING AND OUTGO. Foreign Exchange Earning : Nil lixy Foreign Exchange Outgo : wilRISK MANAGEMENT Periodic assessments to identify the risk areas are carried out and management is briefed on the risks in advance to enable the company to control risk through a properly defined pan. The risks are classified 2s financial risks, operational risks and market risks. The risks are taken into account while preparing the ~ahnual business plan for the year. The Board decides that this being the first year of the Company, the Risk Management Policy would be implemented In the next year after analyzing/identifying the financial risks, operational risks and market risks which are applicable to the Compary. DISCLOSURE UNDER THE SEXUAL HARASSMENT OF WOMEN AT VENTION, PROHIGITION AND REDRESSAL) ACT, 2013 Pursuant to Section 22 of the Sexual Harassment of Women at Workplace (Prevention, Prohibition and Redressal) Act, 2013 read with Rule 14 of the Rules issued thereunder, the Internal Committee constituted under the said Act has confirmed that no complaint / case has been filed / pending with the Company during the year. INTERNAL CONTROL SYSTEM AND THEIR ADEQUACY The internal control system with respect to financial statement and theit adequacy has been duly taken care by the Board of Directors of the Company and it has also been reviewed by the statutory auditors: The intemal controls exist inthe system and that sufficient measures are taken to update the internal control system, as and when needed, The system also ensures that ail transactions are appropriately authorized, recorded and reported as and when required. CHANGES IN SHARE CAPITAL During the year under review, the Authorized Share Capital and Paid up Share Capital of the Company remained unchanged. Further the Company has neither allotted any sweat equity or bonus shares or any shares under the employee stock option plan nor has bought back any shares or securitias. ORDER OF couRT ‘There are no significant and material orders passed by the regulators or courts or Tribunals impacting the going concern status and company’s operation in future.ACKNOWLEDGEMENT Your Directors wish to express their grateful appreciation to the continued co-operation received from the Banks, Government Authorities, Customers, Vendors and Shareholfers during the yeer under review. Your Directors also wish to place on recor their deep sense of appreciation for the committed service of the Executives, staffand Workers of the Company, For & on behalf of the Baard of Directors PRIVATE UMITED. tam Youesh Mehra DIRECTOR DIN: 08034897 DATE: November 18, 2021 PLACE: Pune PLACE: Pune Enclosure: 4. Annewure 1- Extract of Annual Return 2. Annexure 2 - Form No, AOC-2“Annexune ronan Mors (OXTRACT OF ANNUAL serueN) ‘Avon FnancalYesr enced on 31st Moreh 2028 [Pursuant10$2082(3}01 Companies Act .20:3and rae 42(1) ofthe Companies (MAsrapemunt and Adinitation} Rules2014) | _sesisreariow ano aThen Dera: [Exo Jrarcunns paras lw [ew naessncomrreTaie Cn fosovans (i So true aKa PmNATE LED fn) __[exmonve castarvet hatonaiwy Jens Linieabyshanehaa Goverment Company li Ue i, 5 7 el aa [wo o lon Peegenie andor a Rogar fg ._mrincianausiness acids OF TE coMAANT — no | waneano cescrirnoN oF nviw pRonUCTs. | NIC CORE OF THE MODUCTSERNCE {OF FarAL TURNOVER OFTHE COMPANY a ether Bases Ace » 10 |i PARTICULARS oF OGONG, SUBSIDIARY AND ASIOCATE CONPANY Woinins/ fae sna, | NaMe ano a 00 crown (AE Ako ADDRESS OFTHE Cont IN smaoanyasrocure | Salts 2 a Sh[IW_ SHARENOLDING PATTERN (Equity Share Capital reskup spercontage of Total Equi] T_Calegory wise Sharehotaing (Category of Shareholders (No. af shares held at the beginning ofthe year [No.of shares held a the end of the yeak change during ltheyear Physical Total of total shares Demat Paysical Tatah of total shares PROMOTERS Gyno al individual HUF a5 aaa a0 aa as, Tie Tom hy) Gental Govt (state Gov {)Bodles Core: 1 Banks /F4 25 208 230% 2 208 30% 0% [iikny ether — ‘Sub Total aaa aaa a a Taye ‘TH FOREIGN. 3] NAVs Inawicaals blother Individuals YB Carp, ‘asa ‘Any Other Sub-Total (a}(2) Total sharevolding of Promoters AANAIAN2) san 322PUBLIC SHAREHOLDING INSTITUTIONS a) Mufsal Funds: ‘bieanis/e Central Gv a) State Gots =| venture capital Funds ‘insurance Companies al Fils "h) Foreign Vanda Capital Fund NOnerstspecity) Sub otal (82: 2 NONINSTTUTIONS 0) Bodies Corp. ‘indian i Overseas By nevidata ‘individual shareholders holding Jrcminal share capital upta Rs. 3 tsk iW ndiigual shareholders holaing horninal shave capital In cess of Rs 1 takh Others veel (C) SHARES HELD BY CUSTODIAN kon GOR & ADRs ‘GRAND TOTAL (avB+)ae Sheckler Sareioingat tebe ithe wear | Siareeldngatteond ete yeor ‘hott | satstaes Aoftout | Metaa eng shares pedeedencin Iueotsines [tree aft pedg/ensoie| Nowa] Mamet LPdRd ANIM | Singh ommanny ef ea shares Ps all Tena ca 2% ca fase [oe | eat 2 Shossmatabe Se aoe rm esx | 03 [noo Ties Nera agar | ss oH ss7ex_ | —o8 | o0os Tet er 0 Sate i Saa8 [ox [oe 3 iranichnar 350“ co ane | en | toon 5 — Wiser hed m1 cr a a 3 [ssa veshnin S ‘oa oe ‘ase | og [ant a [asia ska a ae a aon we || 3 [dhru 3 Tse oo 25a_| os | fat east [oor e.08% oa in hangs a Promote Shaehotang ease specly W Were ono ange) I I “areaahaatthe | Canute Bereta betnning te year_| ng e yer beta Paria Met ott Solio oorstavs| | wo rsnaras | he! shaves] ete! | nor nares | Mee sonpany ompare 7 [oat on vn cree bureasc Tn wrehOEa Gata Ha Po WUC CHT |newaj/anens nj Alotrennenetomaheree ly se | den e cin atte ep he ya eon Geo spars, atpaerid autng WA Fa IE EE 1 I I 7 [eam Pie Bene oye ra Ce ae eT Derek STORE Bae TT TT ome , = lncrse/oeeexe 4 Nliren/uaratervenidened enaty ee oe |e oo ALN ed ther ron data pars, anaes Gu EVER] |e ee a Negeas Ale BoE STDS VE Eo ae Beware Decent TTT Sang HE TEN SETAE OTTO a fi a |ncesvancrea eg, Aiment/vestronunes: wal et er [Ate a yn ro dat sera senate aug EEE) a aa Te Tal or — a ‘ahs bene yar 3 [aa Tice ere Dera OE RAEN TES ECT ai o = lncefancreae ng, Motent/saefrtonuy/wesx eau | Tit nd rte year ook dts exaation arora dure TERE Fa Tomo he bagi 7 BVH FE rine neoteiDese i rang arg Wa Taw eT TOE = eae x Incwcfesreste ex. Nlotmentyesnzerbonulewes: ey et AlTheend ofthe yor ron date of ant, Waeprsted dure Theva a 7 [amano | ati big oF yea a_i Dawe heres Deane WDaISTINE UTE Fo RHE HHT a 7 Jnosierscresne. Alotnentbonwe tty % saad S oe ALi sid Ne yea ch SUT ern, Meares oan EVENT a a ae |S Fa Atte Beni Te ee a oe koe rss tease aroha Eun oor Been WRIONTON “ : |ncaehbcreste ws Aleurunt/andherbsmulwen aus ® sal i sed Ti ra lhe yo Sh de of eon, scare Sure REWER aa | 3 mateo fens bagniy FSP = ae a ae ‘Dita /Deroah lg eyo peeling zon Tr » Wvasow > aa ne/acres: ex: Noun re rr laW EUS TAN 7 Far ro ae semi spared dar a a || ar ” 3 shar mea L © T z 3) oP eSie anno _ - al eT =e a ‘Daze neeste/ere abe aharooing dures th yea specivng acon for _laementdeanserlborulewe sour 8 ‘oper 8 ae, ai ed i ao en Gato rapes, eaparatd dur VOUT] |e Ea Tae Ti shareholding of top ten Shareholders (other than Directors, Promoters end Holdarsof GORE ADR) T [ 1 L T ne Fajaach ihe ep amare, ‘Sartace the | Galva tare ‘attend etna a otshare| MIE | hs otanaees | HEE! | company conan T_| Rite beginning oT vow a = au =] 2 [Bers nese ase Eng BoA RE Ve Hoe ONT OT * |ncise/asereas ex Moomenctvansteribonuiswedtemuiny wee. | 3_|Autne anf the ead oor antec venation, separated ung eae) jt I[coh opin Bor sina. | rican | snares any | Somer ree Ta | wa Sanaa nag | Maa pa = on —| + enetemmeesenciee| St sean wou [ss hinetnnesrase > feeserensnee | 0 es 4 irs Rovere Lowercase | eed ead | = totais | eee | wet Ltesoepetnyer| sa a ‘bucescrewauteoese (itieueeutne 2 ebteaiveenmonte | 6 oe ° su [newer Seinen lustre a svn, | ane | Seng nei ar | MEER eon | ela peas | Heo [est merece [remains 1 raat sowsta | 9 oom ° ous ftccdenese | lisesi eae =e a Fy ‘heli reget | SMC Tamanawa'® | yaaa | 688 | pas] PORT 1 Iu nenitesnstasnen| 122 aan seo | sm es 1 frrseaterencmar o oom | ima [ecmernneatins Tite ttre ra | ae i aaa RES a ‘10 | rio | sonnet omc empr | Sm Teeowonam® | waa Wares | warts | ae ela 298 “a 2 1 rartecmgeenniy | oi ° a (ero i[Wi] RENWONERATION OF DIRECTORS AND KEV MANAGEWAL PaREON JA. Remuneration to Managing Director,Whole Time Director and/or Manager Iso [Fanieuins of Remuneration Ree of MO/WTD [Tout Amount (Gross Salary asslar 3s por provisions contained In See 3712) of come Tax Aer 1961, lb. Value of perquittes ws 17:2) income Tas Ac-1961 c) Pots i ew ot story u/s 37(3) carne Tax cs, [Stock orton Swear equity feemaon seal Prof others spect [Othets, oleae soesy recall A) [cong as peroct 2.) Remuneration o other Director: ary [Paticules of tomureraton Tae Bion [roses eh [ante Mehra ncependontbiroeors ci) Fes for atcancing board eameittes tina ThCommcion others pease secity Frais othe hon Executive rectors Fee Fr attendingboard committe meeting ih}Cammission lasatar 600000.05 18.00.0000 Froal (2) 32,09,000.00 6,00,000.60 726,00,000.00, [Foar [Toial Managerial Remuneration [overall alinyas per act 32,09,000000 §,00)000,00 36, 00,000.00 c) Remuneration te Key Manzgeril personne! other than MD/Manager/WTO FN Paniculars of emeneraton ‘ey Managerial Person ieee Company Secretary lero [Fora rosea 3 Walary as pe rovblans conatnes Ir Sec 1711) of come Ta Ae. 3982, by) Value of perquisites ule 2712) income Tax Act-861 «Profits incu of salary ws 1713} nome Tax lack. 1964 Isteck option Fat Eau [commission 36% oF raft lothors sont [others, please specty, [ToteIndebtedness of the company including interest outstanding/accrued but not due for payment Secured Loans excluding deposit Particulars ‘Unsecured Loans indebtedness at the beginnng of the financial year i.) Principal Amount 87,79,562.00 ji.Jinterst due but not paid 0.00) iii.) Interest accrue but not due 0.00) [Totall i+iisiii) 87,79,562.00 Change in Indebtedness during the Financial year 16,01,128.00 rr) 16,01,128.00 Indebtedness at the end of the Financial year i.) Principal Amount 1,03,80,690.00 i.Jinterst due but not paid 0.00) 0.00) 1,03,80,690.00(Vit) PENALTIES /MUNISHNTENT/COMPOUNDING OF OFFENCES:NGT APPLICABLE DETAILS PENALTY/PUNISHME | AUTHORITY(RO/ Nrcompounpine | NcLt/couRT FRE IMPOSED SECTION OF TPE companies | stier DEscRierion aT ‘APPEAL MADE IF ANY (GIVE DETAILS) [a COMPANY Penalty Punishment [compounding [BDIRECTORS. [Penalty Punishment i [Eorspounding T OTHER OFFICERS IN DEFAULT Penalty Puniehriene (Compounding For & on betialf ofthe Board of Directors IMY TURF HOSPITALITY PRIVATE LIMITED We iRECTOR ‘DIN: 08034897 DATE: November 18, 2021Form Wo, A0C-2 (ursant te elause (h) of subsection (Sot secon 13¢ othe Act and Rule 82) of te Companias (Accounts Rules 2034) Form tor oslo of pauls of contracts /atangements enter xo by the company vt related partes refered ton saeco (3) of section 188 of he Corman At, 213) Including certain ares length transactions under thie pronso thereto [ial of contador apangernents or Wonsactions nat atsonalengil bam Naot othe rate parr and] aro ol Duration althe | Salant tems ethe [ustiationrenteva] —datevar | Amount paar ator afreetioshin—feconiactsfarangemient/tresacs| —cortracs/_|cntracs or wrangerens of] intosich contacts or | apprenl by the | advances, any: om aragomentsironsae! aneaonslnclising the | sangements er ard ‘ons valu, tany traitors oy o w a i w a - i . ‘ Det of at ena rarangetat or Wasaci a Svs RN TRE | ase ofthe raated party anal Watare of Duration ofthe Sallnt terme ofthe | ntifeation for entering] Date(s} | Amount midoa ature ofraasosship—|eontts/rrangwrmenitansoes| creracts/_jeattractror arrangements of| itosuch ontacts oF | approval bythe | avenes, any om srangemestshransie! vansatonsincusiagtse | aangenorts or | Soars any tons val, tany twanctors ta) to) 19. 4a) fe) i) ie) ataton 9 Seda nae wo foaneal seront foraon beat eth Board of \ DATE: Novenber 1 2023 MACE: Pune