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Directors Report of Onelife Capital Advisors Ltd.

Mar 31, 2015

Dear Members,

We are pleased to present the Eighth Annual Report together with the Audited Accounts for the year ended 31st March 2015.

Financial Summary

The Financial performance of the company for the year ended 31st March 2015 is summarized below:

(Rs. in Lakhs)

Particulars Current Year Previous Year

Revenue from Operation 4.50 -

Other Income 362.74 96.05

Total 367.24 96.05

Expenditure

Employee Benefit Expenses 42.54 31.15

Depreciation 2.83 1.31

Other Expenses 252.98 63.04

Total 298.35 95.05

Profit / (Loss) from ordinary 68.89 0.55 activities before finance costs and exceptional items

Finance costs 10.16 -

Profit / (Loss) from ordinary 58.73 0.55 activities after finance costs but before exceptional items

Exceptional items 45.00 -

Profit / (Loss) from ordinary 13.73 0.55 activities before tax Tax Expense

1. Current Year Tax 3.35

2. Short provisions for tax of - 0.06 earlier years

3. Deferred tax - -

Profit after Tax 10.38 049

Basic and Diluted Earnings 0.08 0.004 per Equity Shares

Year in Retrospect

During the financial year 2014-15 your company's profit after tax was Rs 10.38 Lakhs as compared to Rs 0.49 Lakhs in corresponding period of last year.

The Company was restrained and prohibited by SEBI vide final order dated 30th August, 2013 and the restrained and prohibited period was over on 27th December, 2014, hence now your Company is free to do Securities/Capital market businesses. The Directors are taking steps to rebuild the business both organically and inorganically in the best interest of all the stakeholders. Your Directors wish to put on record their gratitude for the support shown by the shareholders and affirm that all necessary steps shall be taken to protect the interest of the company and the shareholders.

The status of Significant and Material Orders Passed by the Regulators or Courts or Tribunals and Commercial litigations, if any, is annexed herewith as "Annexure - [A]" to this Report.

Consolidated Financial Statements

The consolidated financial statements of your Company for the financial year 2014-15, are prepared in compliance with applicable provisions of the Companies Act, 2013, Accounting Standards and Listing Agreement as prescribed by the Securities and Exchange Board of India (SEBI). The consolidated financial statements have been prepared on the basis of audited financial statements of the Company, its subsidiary companies, as approved by their respective Board of Directors.

Subsidiaries

A separate statement in Form AOC 1 containing the salient features of financial statements of all subsidiaries of your Company is attached to the Accounts which forms part of consolidated financial statements in compliance with Section 129 and other applicable provisions, if any, of the Companies Act, 2013. The financial statements of the subsidiary companies and related information are available for inspection by the members at the Registered Office of your Company during business hours on all days except Saturdays, Sundays and public holidays upto the date of the Annual General Meeting (AGM) as required under Section 136 of Companies Act, 2013.Any member desirous of obtaining a copy of the said financial statements may write to Mr.Murlaj Shah, CFO at the Registered Office of your Company. The financial statements including the consolidated financial statements, financial statements of subsidiaries and all other documents required be attached to this report have been uploaded on the website of your Company (www.onelifecapital.in).

Further the Company has received intimation during the year from its step down Subsidiaries (a) Good yield Farming Limited and (b) Good yield Fertilizers & Pesticides Private Limited that the agreements entered into with Pandoo Naig and T.K.P Naig, respectively, for Cultivation of their agricultural lands have been terminated as on 31st March, 2015.

Management Discussion and Analysis Report

In terms of the provisions of clause 49 of the Listing agreement, the Management's Discussion and Analysis Report is set out in this Annual report.

Dividend

Your Directors do not recommend any dividend for the year 2014-15.

Transfer to Reserves

Your Company has not proposed to transfer any amount to the general reserve. An amount of Rs.10.38 lacs is proposed to be retained in the Statement of Profit and Loss.

Public Deposits

During the financial year 2014-15, your Company has not accepted any deposit within the meaning of Sections 73 of the Companies Act, 2013 read together with the Companies (Acceptance of Deposits) Rules, 2014.

Corporate Governance Report

In compliance with the provisions of Clause 49 of the Listing Agreement, a separate report on Corporate Governance along with a certificate from the Auditors on its compliance forms an integral part of this Report.

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 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.

Disclosure relating to remuneration of Directors, key managerial personnel and particulars of employees

In accordance with Section 178 and other applicable provisions if any, of the Companies Act, 2013 read with the Rules made thereunder and Clause 49 of the Listing Agreement, the Board of Directors at their meeting held on 14th November, 2014 formulated the Nomination and Remuneration Policy of your Company on the recommendations of the Nomination and Remuneration Committee. The salient aspects covered in the Nomination and Remuneration Policy, covering the policy on appointment and remuneration of Directors and other matters have been outlined in the Corporate Governance Report which forms part of this Report.

The Managing Director and Whole Time Director of your Company does not receive remuneration from any of the subsidiaries of your Company.

The information required under Section 197(12) of the Companies Act, 2013 read with Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014 in respect of Directors/ employees of your Company is set out in "Annexure [B]" to this Report and is available on the website of your Company (www.onelifecapital.in).

Directors and Key Managerial Personnel

Appointment/Resignation and Retirement:

Mr. Dhananjay Chandrakant Parikh, Director, retires by rotation at the ensuing Annual General Meeting, and being eligible offers himself for re-appointment.

Mr. Mahendra Salunke was appointed as Additional Directors (Independent) on the Board with effect from 20th October, 2014. We seek your approval for appointment of Mr. Mahendra Salunke as an Independent Directors for a term upto five consecutive years i.e. from October 20, 2014 to October 19, 2019, and he will not be liable to retire by rotation.

Ms. Sonam Satish Kumar Jain was appointed as Additional Director (Independent) on the Board with effect from 31st March, 2015. We seek your approval for appointment of Ms. Sonam Satish Kumar Jain as an Independent Directors for a term upto five consecutive years i.e. from March 31,2015 to March 30, 2020, and she will not be liable to retire by rotation.

The Company has received declarations from the Independent Directors of the Company confirming that they meet with the criteria of independence as prescribed under sub-section (6) of Section 149 of the Companies Act, 2013.

Ms. Cynthia Pacheco has resigned from the post of Company Secretary and Compliance Officer of the Company w.e.f 31st October 2014 due to marriage and the Board of Directors in its Board meeting held on 24th April, 2015 has approved the appointment of Mr. Vivek Maru as a Company Secretary and Compliance Officer of the Company.

Mr. Vivek Maru has resigned from the post of Company Secretary and Compliance Officer of the Company and approved by the Board of Directors in its meeting held on 20th July, 2015 for pursuing Higher Studies in the field of Accountancy. The Board of Directors in its Board meeting held on 14th August, 2015 has approved appointment of Mr. Pavan Vyas as a Company Secretary and Compliance Officer of the Company.

Number of meetings of the Board and Audit committee

The details of the number of Board and Audit Committee meetings of your Company are set out in the Corporate Governance Report which forms part of this Report.

Declaration of Independence

Your Company has received declarations from all the Independent Directors confirming that they meet the criteria of independence as prescribed under the provisions of Companies Act, 2013 read with the Schedules and Rules made thereunder.

Directors' Responsibility Statement

Pursuant to Section 134(3)(c) of the Companies Act, 2013, the Directors confirm that:

(a) in the preparation of the annual accounts for the financial year ended 31st March, 2015, the applicable accounting standards and Schedule Ill of the Companies Act, 2013, have been followed and there are no material departures from the same;

(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 your Company as at 31st March, 2015 and of the profit / loss of the Company for the financial year ended 31st March, 2015;

(c) proper and sufficient care has been taken 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 fraud and other irregularities;

(d) the annual accounts have been prepared on a 'going concern' basis;

(e) proper internal financial controls laid down by the Directors were followed by the Company and that such internal financial controls are adequate and were operating effectively; and

(f) proper systems to ensure compliance with the provisions of all applicable laws were in place and that such systems were adequate and operating effectively.

Auditors and Auditors' Report:

Statutory Auditors

M/s. Khandelwal Jain & Co. were appointed as Statutory Auditors of your Company at the Seventh Annual General Meeting held on 29th September, 2014 for a term of three consecutive years. As per the provisions of Section 139 of the Companies Act, 2013, the appointment of Auditors is required to be ratified by Members at every Annual General Meeting.

The Report given by the Auditors on the financial statements of the Company is part of the Annual Report. There has been no qualification, reservation, adverse remark or disclaimer given by the Auditors in their Report.

Secretarial Audit

Pursuant to the provisions of Section 204 of the Companies Act, 2013 read with the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014, your Company has appointed, CS Manish Baldeva, Proprietor M/s. M Baldeva Associates, Company Secretaries to conduct the Secretarial Audit of your Company. The Secretarial Audit Report is annexed herewith as "Annexure - [C]" to this Report. The Secretarial Audit Report does not contain any qualification, reservation or adverse remark.

Extract of Annual Return

The details forming part of the extract of the Annual Return in Form MGT- 9 in accordance with Section 92(3) of the Companies Act, 2013 read with the Companies (Management and Administration) Rules, 2014, are set out herewith as "Annexure [D]" to this Report.

Related Party Transactions

The Board of Directors had approved the Related Party Transaction for payment of Rs. 400 lacs as interest free Securities deposit to M/s. Eyelid Infrastructure Pvt. Ltd. for taking the Premises on leave and License basis from M/s. Eyelid Infrastructure Pvt. Ltd. and Company has paid the same. Further Company has also taken approval of members by means of Special resolution by way of Postal ballot as required under Section 188 and other applicable provisions of the Companies Act, 2013 and the rules made thereunder for related party transaction for taking premises on leave & licenses basis from M/s. Eyelid Infrastructure Pvt. Ltd. The Board of Directors of the Company has approved Related Party Transactions for Payment of Rs. 170 lacs as Security deposit to Eyelid Infrastructure Private Limited for taking the first floor of the Premises on Leave and license basis. The Board of Directors of the Company has also subsequently approved Related Party Transactions for acquisition of property for the consideration of Rs. 900 lacs by way of purchase of 100% Equity shareholding of M/s. Eyelid Infrastructure Private Limited from Mr. Pandoo Naig, Managing Director of the Company, subject to approval of shareholders and other approval, if any. The leave and license agreement with Eyelid Infrastructure Private Limited will be terminated subject to acquisition of the property.

The details of the related party transactions as required under Accounting Standard -18 are set out in Note 26 to the standalone financial statements forming part of this Annual Report.

Particulars of contracts or arrangements with Related parties as required Section 188 of the Companies Act, 2013 is given in Form AOC- 2 pursuant to Section 134 (3)(h) of the Companies Act, 2013 read with Rule 8(2) of the Companies (Accounts) Rules, 2014 is set out as "Annexure [E]" to the Boards Report.

Loans and Investments

The details of loans, guarantees and investments under Section 186 of the Companies Act, 2013 read with the Companies (Meetings of Board and its Powers) Rules, 2014 are as follows:

A. Details of investments made by the Company as on 31st March, 2015 (including investments made in the previous years):

(i) Investments in equity shares:

Name of entity Amount as at 31st March,2015

One life Gas Energy & Infrastructure Limited 3,00,26,000

One life Ecopower & Engineering Limited 71,000

One life Agrifoods Limited 71,000

(ii) Investments in debt instruments: There are no Investments in debt instruments during the financial year 2014-2015.

B. Details of loans given by the Company are as follows:

Name of entity Amount as at Amount as at 1st April,2014 31st March,2015

One life Gas Energy & 9,26,67,924 1,67,10,555 Infrastructure Limited

C. There are no guarantees issued by your Company in accordance with Section 186 of the Companies Act, 2013 read with the Rules made thereunder.

Risk Management

Your Company recognizes that risk is an integral part of business and is committed to managing the risks in a proactive and efficient manner. Your Company periodically assesses risks in the internal and external environment, along with the cost of treating risks and incorporates risk treatment plans in its strategy, business and operational plans.

Your Company, through its risk management process, strives to contain impact and likelihood of the risks within the risk appetite as agreed from time to time with the Board of Directors.

As per the requirements of Clause 49 of the Listing Agreement, your Company has constituted a Risk Management Committee to oversee the risk management efforts in the Company under the Chairmanship of Mr. Dhananjay Chandrakant Parikh, Non - Executive Director. The details of the Committee along with its charter are set out in the Corporate Governance Report forming part of this Report.

During the financial year 2014-15, the Board of Directors have approved the risk management policy for your Company as proposed by the Management.

There are no risks which in the opinion of the Board threaten the existence of your Company. However, some of the risks which may pose challenges are set out in the Management Discussion and Analysis which forms part of this Report.

Board Evaluation

Pursuant to the provisions of the Companies Act, 2013 and Clause 49 of the Listing Agreement, Independent Directors at their meeting without the participation of the Non-independent Directors and Management, considered/evaluated the Boards' performance, Performance of the Chairman and other Non-independent Directors.

The Board subsequently evaluated its own performance, the working of its Committees (Audit, Nomination and Remuneration, Stakeholders Relationship and Risk Management Committee) and Individual Directors (without participation of the relevant Director).

The criteria for performance evaluation have been detailed in the Corporate Governance Report which forms part of this Report.

Vigil Mechanism

Your Company is committed to highest standards of ethical, moral and legal business conduct. Accordingly, the Board of Directors have formulated a Whistle Blower Policy & Vigil Mechanism which is in compliance with the provisions of Section 177 (10) of the Companies Act, 2013 and Clause 49 of the Listing Agreement. The policy provides for a framework and process whereby concerns can be raised by its directors and employees against any kind of discrimination, harassment, victimization or any other unfair practice being adopted against them. More details on the Whistle Blower Policy & Vigil Mechanism of your Company have been outlined in the Corporate Governance Report which forms part of this report.

Prevention of Sexual Harassment at Workplace

As per the requirement of the Sexual Harassment of Women at Workplace (Prevention, Prohibition & Redressal) Act, 2013 ('Act') and Rules made there under. During the year no complaints or allegations of sexual harassment were filed with the Company.

Conservation of energy, technology absorption and foreign exchange Earnings and outgo

The Company being engaged in the Advisory Services, does not have any energy utilization or technology absorption. The Company during the year under review has not earned or spent any foreign exchange.

Internal Control System

The Board ensures the effectiveness of the Company's system of internal controls including financial, operational and compliance control and risk management controls

M/s. G.S Toshniwal & Associates, Chartered accountants who have been reappointed as Internal Auditors for the financial year 2015-2016.

Audit Committee

An Audit Committee is in existence in accordance with the provisions of Section 177 of the Companies Act, 2013. Kindly refer to the section on Corporate Governance, under the head, 'Audit Committee' for matters relating to constitution, meetings and functions of the Committee.

Nomination and Remuneration Committee

A Nomination and Remuneration Committee is in existence in accordance with the provisions of Section 178 of the Companies Act, 2013. Kindly refer to the section on Corporate Governance, under the head 'Nomination and Remuneration Committee' for matters relating to constitution, meetings, functions of the Committee and the remuneration policy formulated by this Committee.

Stakeholders Relationship Committee

A Stakeholders relationship Committee is in existence in accordance with applicable provisions of Companies Act, 2013 and Listing Agreement. Kindly refer to the section on Corporate Governance, under the head 'Stakeholders relationship Committee' for matters relating to constitution, meetings, functions of the Committee.

Risk Management Committee

A Risk Management Committee is in existence in accordance with applicable provisions of Companies Act, 2013 and Listing Agreement. Kindly refer to the section on Corporate Governance, under the head 'Risk Management Committee' for matters relating to constitution and functions of the Committee.

General

a) Your Company has not issued equity shares with differential rights as to dividend, voting or otherwise; and

b) Your Company does not have any ESOP scheme for its employees/Directors.

Appreciation

Your Directors wish to convey their gratitude and place on record their appreciation for all the employees at all levels for their hard work, solidarity, cooperation and dedication during the year.

Your Directors sincerely convey their appreciation to customers, shareholders, vendors, bankers, business associates, regulatory and government authorities for their continued support.

By and on behalf of the Board ONE LIFE CAPITAL ADVISORS LIMITED

T.K.P Naig Executive Chairman DIN No. 00716975

Registered Office:

307, Raut Lane, Opp. ISKCON, Vile Parle (w). Mumbai 400 049 CIN: L74140MH2007PLC173660 e-mail: cs@onelifecapital.in Place: Mumbai Date:14/08/2015




Mar 31, 2014

Dear Members,

The Directors are pleased to present the Seventh Annual Report together with the Audited Accounts for the year ended 31st March 2014.

Financial Performance

The Financial performance of the company the year ended 31st March 2014 is summarized below:

(Figures in Rs.lakhs)

Particulars Current Year Previous Year

Revenue from Operation - -

other Income 96.05 26.45

Total 96.05 26.45

Expenditure

Employee Benefit 31.15 68.72

Expenses

Depreciation 1.31 1.65

Other Expenses 63.04 67.84

Interest - -

Total 95.50 138.21

Profit for the Year 0.55 (111.76)

Prior Period Expenses - -

Profit Before Tax 0.55 (111.76) tax expense

h) Current Year tax - -

2)Short provision for tax 0.06 0.60 of earlier years

(3) Deferred tax - -

Profit after Tax 0.49 (112.36) Basic and Diluted EPS 0.004 (0.840)

Year in Retrospect

During the financial year 2013-14 your company's profit after tax was Rs. 0.49 lakhs as compared to loss of Rs.112.36 Lakhs in corresponding period of last year.

The Company received final order from SEBI dated 30m August. 2013 whereby the following directions have been given:

(a) Onelife Capital Advisors Ltd (PAN No. AAACO9540L) and its Managing Director Mr. Pandoo P. Naig (PAN No. ACNPN2800J) shall, jointly and severally, bring Rs. 35.25 crores i.e. the diverted IPO proceeds into the company trom Fincare. Precise and KPT within six months from the date of the said order;

(b) The Board of Directors of OCAL shall ensure compliance of above direction and submit a monthly progress report in the above regard to SEBI. Further the Board of Directors shall also furnish to SEBI a Compliance Report duly certified by a SEBI registered Merchant Banker within two weeks of compliance of the above direction;

(c) Onelife Capital Advisors Ltd (PAN No. AAACO9540L) and its managing director Mr. Pandoo P. Naig (PAN No. ACNPN2800J) shall be remain restrained and prohibited from accessing the securities market and also prohibited from buying, selling and otherwise dealing in securities market, directly or indirectly, in whatsoever manner, for a period of 3 years from the date of the interim order i.e 28th December, 2011

(d) Other non-executive/mdependent directors of OCAL namely Mr. T. K. P. Naig (PAN No. ABIPN2653D), Mr. D. C. Parikh (PAN No. ACTPP2402L), Mr. A. P. Shukla (PAN No. AECPS3296Q), Mr. T. S. Raghavan (PAN No. AAFPR1521 A) and Mr. T. Shirdharani (PAN No. AAIPS0065M) shall not take up any assignments as directors in any company for a period of one year from the date of this order.

In compliance to the above SEBI order Company has sent Monthly Progress Report (MPR) every month to SEBI. The Company has filed an application with Hon'ble Whole Time Member (WTM) of SEBI vide letter dated February 21, 2014 for extention of time by another six months from 28lh February, 2014 to comply with the SEBI order dated 30th August. 2013.

The Company has received full IPO proceeds of the amount of Rs. 35.25 crores. Rs. 7.70 crores from M/s KPT Infotech Private Limited paid towards Brand Building, Rs. 12 crores from Precise Consulting & Engineering Private Limited paid towards Development of Portfolio Management Services and General Corporate Purpose and Rs. 15.55 crores from Fincare Financial & Consultancy Services Private Limited paid towards Development of PMS Business and payment of finder fees and Purchase of Corporate Office.

SEBI has issued Show Cause Notice (SCN) dated 25th October, 2013 under Rule 4 of SEBI (Procedures for Holding Inquiry and imposing penalties by Adjudicating Officer) Rules. 1995 & Rule 4 of Securities Contracts (Regulation) (Procedure for holding inquiry and imposing penalties by

Adjudicating Officer) Rules, 2005 in the matter of IPO of Onelife Capital Advisors Limited. The Company filed consent application on 13th December, 2013 without prejudice to its rights to defend the same. The Company is in process of drafting a reply to the SCN with the help of advocates. The outcome of the proceedings and the consent application filed by the Company cannot be anticipated at present.

The Company had issued notice of postal ballot to pass a special resolution for altering the objects for which amount was raised through IPO. The special resolution has been passed with requisite majority and the resolution was announced on 23rd January. 2014. As per the resolution the objects of IPO / issue of Purchase of Corporate office Rs. 700 lacks. Development of Portfolio Management Services Rs.1.157.80 lacks and Brand Building Rs. 770 lacks, aggregating to Rs.2.627.80 lacks, stand deleted and substituted by the following objects: -

i) Acquisition of Corporate Office / land / buildings / immovable property(ies) office premises or any combination thereof and at such cost and expenses as the Board may decide provided however that from out of the un utilized IPO proceeds, a sum not exceeding Rs.2.627.80 lacks shall be utilized for these purposes and

ii) General Corporate purposes of Rs. 897.60 lacks.

Your Directors are taking all necessary steps to resolve these matter as early as possible. Your Directors are confident that things shall be resolved and normal business will prevail.

Subsidiary companies and consolidated financial statements

Onelife Capital Advisors Limited (OCAL) has subsidiary Companies i.e Onelife Gas Energy & Infrastructure Limited (OGEIL), Goodyield Farming Limited (GFL) and Good Yield Fertilisers and Pesticides Private Limited (GFPPL)

During the year the Board of Directors reviewed the affairs of the subsidiary Companies. As per Section 212 of the Companies Act 1956 we are required to attach the Balance Sheet. Statement of Profit and Loss and other documents of our subsidiaries.

The Ministry of Corporate Affairs, Government of India vide its Circular No 2/2011 dated 08th February. 2011, exempted Companies from complying with Section 212, provided such Companies publish the audited consolidated financial statements in the Annual Report. The Company has published the Audited consolidated financial statements for the fiscal year 2014 and the same forms part of this Annual Report.

Accordingly this Annual Report does not contain the financial statements of our subsidiaries. The Statement pursuant to Section 212 of the Companies Act, 1956, highlighting the summary of the financial performance of our subsidiaries is annexed to this report.

The Company will make available these documents and related detailed information upon request by any shareholder of the Company/ subsidiary who may be interested in obtaining the same. The financial statements of each subsidiary shall also be available on Company's website www.onelifecapital.in.

Details of major subsidiaries of the Company and their business operations during the year under review are covered in the Management's Discussion and Analysis Report.

Chief Financial Officer

Mr. Jiten Popat. Chief Financial Officer (CFO) of the Company resigned from the Company on 2971 January. 2014. Company has appointed Mr. Mulraj Shah as CFO of the Company w.e.f 13m August. 2014. Mr. Mulraj Shah has over 15 years experience in Accounts/Finance. He has held several key positions in finance. Accounts. Auditing. Taxation. Statutory Compliances.

Internal Control System

The Board ensures the effectiveness of the Company's system of internal controls including financial, operational and compliance control and risk management controls

M/s. G.S Toshniwal & Associates, Chartered accountants has been reappointed as Internal Auditors for the financial year 2014-2015.

Merchant Banking, Portfolio Management Services (PMS) & Stock Broking, Trading Member of Derivatives Segment

Due to SEBI order dated 28th December, 2011 and final order dated 30th August, 2013 the Company is restrained to do business of Merchant banking, PMS and Broking.

In view of the above the Board of Directors in its meeting held on 29th January, 2014 decided that the Company should not send the application for renewal of Merchant Banking and PMS Licenses and surrender the Broking License. The Company has sent an application to BSE for surrender of certificate of registration as Stock Broking Cash & F& O (Registration No: INB11410033 and INF011410033) license of Bombay Stock Exchange. The matter is still in process and pending with Regulator for approval.

Deposits

The Company has not accepted any deposits from public during the year under review.

Dividend

Your Directors do not recommend any dividend for the year 2013-14.

Board of Directors

Induction

On 30th' May. 2014 the Nomination and Remuneration Committee recommended the induction of Mr. Ram Narayan Gupta and Mr. Amol Shivaji Autade as Independent Directors of the Company.

Pursuant to the provisions of Section 161(1) of the Companies Act. 2013 and the Articles of Association of the Company. Mr. Ram Narayan Gupta and Mr. Amol Shivaji Autade was appointed as Additional Directors designated as Independent Directors w.e.f. 30,h May. 2014 and they shall hold office up to the date of the ensuing Annual General Meeting. The Company has received requisite notice in writing from a member proposing Mr. Ram Narayan Gupta and Mr. Amol Shivaji Autade for appointment as Independent Directors.

The Company has received declarations from the Independent Directors of the Company confirming that they meet with the criteria of independence as prescribed both under sub-section (6) of Section 149 of the Companies Act. 2013 and under Clause 49 of the Listing Agreement with the Stock Exchanges.

The brief resumes of the Directors who are to appointed, names of companies in which they have held directorships, committee memberships/ chairmanships, brief profile covering experience, achievements etc. . Qualifications, their shareholding etc., are furnished in the explanatory statement to the notice of the ensuing Annual General Meeting.

We seek your support in confirming the appointment of Mr. Ram Narayan Gupta and Mr. Amol Shivaji Autade.

Resignation

Mr. A.P Shukla resigned as an Independent member of the Board with effect from 02nd December. 2013. The Board places on record its appreciation for the services rendered by Mr A.P Shukla to the Board and the Company

Mr. A.K Tangri resigned as an Independent member of the Board with effect from 13,h December. 2013. The Board places on record its appreciation for the services rendered by Mr. A.K Tangri to the Board and the Company

Mr. T.S Raghavan resigned as an Independent member of the Board with effect from 02rd May. 2014. The Board places on record its appreciation for the services rendered by Mr. T.S Raghavan to the Board and the Company

Note: In compliance to the Listing Agreement where the Chairman is an executive director, at least half of the Board should comprise of independent directors. Mr A.K Tangri resigned as on 13th December. 2013 and Mr. A.P Shukla resigned as on 2nd December. 2013. As per the Listing Agreement an independent Director who resigns or is removed from the Board of the Company shall be replaced by a new independent Director within a period of not more than 180 days from the date of such resignation or removal as the case may be.

In view of the same on 30th May. 2014 (i.e within a period of 180 days from the date of resignation of independent directors) Mr. Ram Narayan Gupta and Mr. Amol Shivaji Autade were appointed as non executive Independent Directors of the Company.

Similarly, on 02nd May. 2014 Mr. T.S Raghavan resigned from the Board. The Board is in process of appointing an independent Director in his place in compliance to the Listing Agreement

Directors Responsibility Statement As Per Section 217 (2AA) of the Companies Act, 1956

The Board of Directors hereby confirm that:

1 - in the preparation of the Annual Accounts, the applicable accounting standards have been followed and there are no material dapartures.

2. 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 of the Company for that period:

3. taken proper and sufficient care for 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:

4. prepared the Annual Accounts on a going concern basis.

Auditors and Auditors Report

M/s Khandelwal Jain & Co.. Chartered Accountants. Statutory Auditors of the Company, will retire at the conclusion of the ensuing Annual General Meeting and. being eligible, offer themselves for re-appointment as statutory auditors until the conclusion of the AGM of the Company to be held in the year 2017 (subject to ratification of the appointment by the members at every AGM held after this AGM)

The Company has received letters from them to the effect that their re- appointment, if made, would be within the prescribed limits under Section 141 (3)(g) of the Companies Act, 2013 and that they are not disqualified for re- appointment.

The Notes on Financial Statements referred to in the Auditors' Report are self- explanatory and do not call for any further comments.

Listing Fees

The Annual Listing Fee for the year 2014-15 had been paid to those Stock Exchanges where the company's shares are listed.

Particulars of Employees

None of the employees/director(s) are drawing remuneration in excess of Rs. 60 Lacks per annum or Rs. 5 Lacks per month and therefore the particulars of employees as required by section 217(2A) of Companies Act, 1956 and Companies (Particulars of Employees) Rules are not required to be attached.

Statutory Disclosure

Information pursuant to Section 217(1) (e) of the Companies Act, 1956, read with the Companies (Disclosure of Particulars in the Report of the Board of Directors) Rules, 1988 is as under:

A. Conservation of Energy:

The operations of the Company are not energy intensive. However, energy conservation measures are being taken for regular preventive maintenance of all equipments to increase the efficiency of the equipment resulting in power saving.

B. Technology Absorption:

As the Company has not acquired any technology, the question of absorption of technology does not apply to the Company.

C. Foreign Exchange Earning and Outgo:

Total foreign exchange earnings and outgo during the year.

FOB Value of Exports : NIL CIF Value of Imports : NIL

Expenditure in foreign currency : NIL Corporate Governance

The Company is committed to maintain the highest standards of corporate governance and adhere to the corporate governance requirements set out by SEBI. The Company has also implemented several best corporate governance practices as prevalent globally. A detailed Report on Corporate Governance approved by the Directors is annexed. A certificate on compliance of Corporate Governance requirements issued by the Statutory Auditors of the company in pursuance to clause 49 of the listing agreement is placed with the report on Corporate Governance.

Acknowledgement

The Directors take this opportunity to thank all the employees, shareholders. Registrars. Bankers to the Company, The Securities & Exchange Board of India. Bombay Stock Exchange. National Stock Exchange of India Limited. National Securities Depository Limited. Central Depository Services Limited, other Government Agencies and valued clients for their support and co- operation during the year under review. Your Directors look forward to the continued support of all stakeholders in the future.

By and on behalf of the Board

forONELIFE CAPITAL ADVISORS LIMITED

T.K.PNaig Executive Chairman

Registered Office:

96-98 Mint Road.

Mumbai 400 001

CIN: L74140MH2007PLC173660 e-mail: ib@onelifecapital.in

Place : Mumbai Date : August 13. 2014


Mar 31, 2013

To The Shareholder of Onelife Capital Advisors Limited

The Directors are pleased to present the Sixth Annual Report together with the Audited Accounts for the year ended 31st March 2013.

Financial Performance

The Financial performance of the company for the year ended 31st March 2013 is summarized below:

(Figures in Rs lakhs) Particulars Current Year Previous Year

Revenue from Operation 902.68

Other Income 26.45 7.86

Total 26.45 910.54

Expenditure

Employee Benefit Expenses 68.72 84.70

Depreciation 1.66 1.49

Other Expenses 67.83 821.11

Interest 1.93

Total 138.21 909.23

Profit for the Year (111.76) 1.31

Prior Period Expenses

Profit Before Tax (111.76) 1.31

Income Tax 0.60

Profit after Tax (112.36) 1.31

Basic and Diluted EPS (0.84) 0.01

Year in Retrospect

During the financial year 2012-13 our company''s revenue was Rs 26.45 Lakhs as compared to Rs 910.54 Lakhs in cor- responding period of last year. Net Loss of the Company at Rs112.36 Lakhs as compared to Profit of Rs 1.31 Lakhs in Financial Year 2011-12.

The Financial Performance of the Company was adversely impacted mainly due to Ex-parte ad- interim order passed by SEBI against the Company on December 28, 2011 and the clarificatory order dated February 15, 2012.

The cumulative effect of these orders with respect to the company and its directors is as below:

a. The company shall not issue any equity shares or any other instrument convertible into equity shares, in any manner or shall not alter its capital structure in any manner till further directions from the SEBI;

b. The company shall not undertake any fresh business in its capacity as merchant banker, portfolio manager, stock broker and trading member till further directions from SEBI, except the business already mandated as on 28th December 2011;

c. The company shall not buy, sell or deal in securities directly or indirectly till further directions from the the SEBI;

d. All the directors of the company shall not buy, sell or deal in securities directly or indirectly till further directions from the SEBI;

e. The company shall call back funds transferred to Fincare Financial and Consultancy Services Private Limited and Precise Consulting & Engineering Private Limited.

The company had filed an appeal against the order of the SEBI with the Hon''ble Securities Appellate Tribunal (SAT). The Hon''ble SAT had directed the SEBI to complete its investigations by 31st October 2012. SAT has also stayed the direction of the SEBI which directed the company to call back funds given to Fincare Financial and Consultancy Services Private Limited and Precise Consulting & Engineering Private Limited.

On January 16, 2013 SEBI has passed a confirmatory order which was considered by SAT in the appeal pending be-

fore it and the Hon''ble SAT has disposed of the appeal directing that the Board shall issue show cause notice to the appellants within five weeks and pass final order within a period of four months from the date of the order. Recently, the Company got some relief from the Securities Appellate Tribunal ("SAT") whereby Mr. A.P Shukla, Independent Director and Mr. D.C Parikh, Non-Executive Director are permitted to sell the shares in their respective demat accounts and the sale proceeds shall be kept in fixed deposit with a nationalized bank and any withdrawal from the bank should be with the prior permission of the Board.

Thereafter,the Company received the show cause notice dated 26th February 2013.The Company Has given the reply of the showcause and filed consent application on 13th May 2013 which has been rejected by SEBI vide its letter dated 02nd August, 2013.

Your Directors are taking all necessary steps to resolve this matter as early as possible. Your Directors are confident that things shall be resolved and normal business will prevail. Your Directors wish to put on record their gratitude for the sup- port shown by the shareholders and affirm that all necessary steps shall be taken to protect the interest of the company and the shareholders.

Subsidiary companies and consolidated financial statements

On November 01, 2012, Onelife Capital Advisors Limited (OCAL) became Holding Company of Onelife Gas Energy & Infrastructure Limited (OGEIL) as a result of issue of bonus shares by OGEIL to the minority shareholders. As per the Memorandum of Association the main object of OGEIL is procurement, purchase, exploration, storage, suppliers, dis- tributors, sellers and dealers in natural gas and its derivatives including LPG, CNG, PROPANE and any conventional and non- conventional type of energy

OGEIL has a subsidiary Company called Goodyield Farming Limited (GFL) having main object as agriculture, contract farming and related activities and GFL is also having a subsidiary called Good Yield Fertilisers and Pesticides Private Limited (GFPPL) which is involved in agriculture and related activities. .

The Company Onelife became the Holding Company of OGEIL and ultimate Holding Company of GFL and GFPPL.

In accordance with the general circular issued by the Ministry of Corporate Affairs, Government of India under Section 212(8) of the Companies Act, 1956, copies of Balance Sheet, Statement of Profit and Loss and other documents of the subsidiary companies have not been attached with the Balance Sheet of the Company. The Company will make avail- able these documents and related detailed information upon request by any shareholder of the Company/ subsidiary who may be interested in obtaining the same.

However, pursuant to Accounting Standard AS-21 issued by the Institute of Chartered Accountants of India, Consoli- dated Financial Statements presented by the Company include the financial statements of its Subsidiaries. The Financial Statements of the subsidiary companies are also available for inspection by the shareholders at the Registered Office of the Company and that of its respective subsidiaries. The Financial Statements of each subsidiary shall also be available on Company''s website www.onelifecapital.in.

A statement of the holding company''s interest in the subsidiary companies is attached and forms part of this report.

Details of major subsidiaries of the Company and their business operations during the year under review are covered in the Management''s Discussion and Analysis Report.

Chief Financial Officer

Mr. Jiten Popat has been appointed as the Chief Financial Officer of the Company with effect from November 03, 2012. Mr. Jiten Popat has over 14 years of experience in Accounts/Finance. He has held several key positions in finance, Ac- counts, Auditing, Taxation, Statutory Compliances.

Internal Control System

The Company has a well placed, proper and adequate internal control system, which ensures that all assets are safe- guarded and protected and that the transactions are authorised, recorded and reported correctly. The Company''s in- ternal control system comprises audit and compliance by our Internal Auditors M/s. G.S Toshniwal & Associates, Char- tered accountants appointed as on February 14th, 2013. The Internal Auditors independently evaluate the adequacy of internal controls and concurrently audit the majority of the transactions in value terms. Independence of the audit and compliance is ensured by direct reporting of Internal Auditors to the Audit Committee of the Board.

Merchant Banking, Portfolio Management Services (PMS) & Stock Broking, Trading Member of Derivatives Segment

Due to SEBI directions there is no business in these segments.

Deposits

The Company has not accepted any deposits from public during the year under review.

Dividend

Your Directors do not recommend any dividend for the year 2012-13, in view of losses during the year.

Directors

In terms of Article 157 of the Articles of Association of the Company, Mr. A.K. Tangri and Mr.D.C Parikh will retire by rotation at the ensuing Annual General Meeting, and being eligible, offer themselves for re-appointment in terms of the provisions of Article 157 of the Articles of Association of the Company.

The brief resumes of the Directors who are to be re-appointed, names of companies in which they have held director- ships, committee memberships/ chairmanships, brief profile covering experience, achievements etc. , Qualifications, their shareholding etc., are furnished in the explanatory statement to the notice of the ensuing Annual General Meeting.

Your Directors recommend their re-appointment at the ensuing Annual General Meeting.

Reappointment of Executive Chairman

The Board at its meeting held on August 13, 2013 has reappointed Mr. T.K.P Naig as Executive Chairman from Decem- ber 2, 2013 to December 1, 2016. Necessary resolutions together with the explanatory statement have been included in the Notice of sixth Annual General Meeting as the above reappointment is subject to the approval of the shareholders.

Reappointment of Managing Director

The Board at its meeting held on August 13, 2013 has reappointed Mr. Pandoo Naig as Managing Director of the Com- pany from December 2, 2013 to December 1, 2016. Necessary resolutions together with the explanatory statement have been included in the Notice of sixth Annual General Meeting as the above reappointment is subject to the approval of the shareholders.

Directors Responsibility Statement As Per Section 217 (2AA)

The Board of Directors hereby confirm having:

1. Followed in the preparation of the Annual Accounts, the applicable accounting standards along with the proper explanation relating to material departures;

2. 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;

3. taken proper and sufficient care for maintenance of adequate accounting records in accordance with the provi- sions of the Companies Act, 1956, for safeguarding the assets of the Company and for preventing and detecting fraud and other irregularities;

4. prepared the Annual Accounts on a going concern basis.

Auditors and Auditors Report

M/s Khandelwal Jain & Co., Chartered Accountants, Statutory Auditors of the Company, will retire at the conclusion of the ensuing Annual General Meeting and, being eligible, offer themselves for re-appointment as statutory auditors for the financial year 2013-14.

The Company has received a letter from them to the effect that their re-appointment, if made, would be within the limit prescribed under section 224(1B) of the Companies Act, 1956, and that they are not disqualified for such re-appoint- ment within the meaning of Section 226 of the Companies Act, 1956.

The observations of the Auditors, together with the notes to Accounts referred to in the Auditors'' Report, are self- explanatory and do not call for any further explanation from the Directors.

Listing Fees

The Annual Listing Fee for the year 2013-14 had been paid to those Stock Exchanges where the company''s shares are listed.

Particulars of Employees

None of the employees/director(s) are drawing remuneration in excess of Rs 60 Lacks per annum or Rs 5 Lacks per month and therefore the particulars of employees as required by section 217(2A) of Companies Act, 1956 and Compa- nies (Particulars of Employees) Rules are not required to be attached.

Statutory Disclosure

Information pursuant to Section 217(1) (e) of the Companies Act, 1956, read with the Companies (Disclosure of Particu- lars in the Report of the Board of Directors) Rules, 1988 is as under:

A. Conservation of Energy:

The operations of the Company are not energy intensive. However, energy conservation measures are being taken for regular preventive maintenance of all equipments to increase the efficiency of the equipment resulting in power saving.

B. Technology Absorption:

As the Company has not acquired any technology, the question of absorption of technology does not apply to the Company.

C. Foreign Exchange Earning and Outgo:

Total foreign exchange earnings and outgo during the year. FOB Value of Exports : NIL CIF Value of Imports : NIL Expenditure in foreign currency : NIL

Corporate Governance

The amendments to the Companies Act, 1956 and the listing agreements executed with the Stock Exchanges require compliance with specified Corporate Governance practices. A detailed Report on Corporate Governance approved by the Directors is annexed. A certificate on compliance of Corporate Governance requirements issued by the Statutory Auditors of the company in pursuance to clause 49 of the listing agreement is attached with this report.

Acknowledgement

The Directors take this opportunity to thank all the employees, shareholders, Registrars, Bankers to the Company, The Securities & Exchange Board of India, Bombay Stock Exchange, National Stock Exchange of India Limited, National Securities Depository Limited, Central Depository Services Limited, other Government Agencies and valued clients for their support and co-operation during the year under review. Your Directors look forward to the continued support of all stakeholders in the future.

By and on behalf of the Board

for ONELIFE CAPITAL ADVISORS LIMITED

Sd/-

T.K.P Naig

Executive Chairman

Registered Office:

96-98 Mint Road, Mumbai 400 001

Place: Mumbai Date: August 13, 2013


Mar 31, 2012

To The Member of Onelife Capital Advisors Limited

The Directors are pleased to present the Fifth Annual Report together with the Audited Accounts for the year ended 31st March 2012. Financial Performance

The Financial performance of the company the year ended 31st March 2012 is summarized below:

(Figures in Rs. lakhs)

Particulars 2011-12 2010-11

Revenue from Operation 902.68 37.00

Other Income 7.86 2.15

Total 910.54 39.15

Expenditure

Employee Benefit Expenses 84.70 50.05

Depreciation 1.49 1.57

Other Expenses 821.11 56.92

Interest 1.93 -

Total 909.23 108.54

Profit for the Year 1.31 (69.39)

Prior Period Expenses - 0.57

Profit Before Tax 1.31 (69.96)

Provision for tax - -

Profit after Tax 1.31 (69.96)

Basic and Diluted EPS 0.01 (1.00)

Year in Retrospect

Onelife Capital Advisors Limited (OCAL) had raised Rs. 36.85 crores through an Initial Public Offer (IPO) in September-October 2011 by issuing 33,50,000 equity shares of Rs. 10 face value per share at an issue price of Rs. 110 each on book building basis.

The Public issue was over subscribed by 1.51 times of which Retail Individual Investors (RIIs) was oversubscribed by 2.32 times, Non- Institutional Investors (NIIs) by 0.93 times and Qualified Institutional Buyers (QIBs) by 1.02 times.

Further as per Regulation 26 (2) (i) of SEBI ICDR, 50% allotment was made to Qualified Institutional Buyers (QIBs), 35% to Retail Individual Investors (RIIs) and 15% to Non-Institutional Investors (NIIs).

During the year under Review, OCAL has successfully completed its maiden merchant banking mandate of Paramount Printpackaging Limited ("Paramount"). The issue of Paramount was oversubscribed by more than 3.5 times. The Company got successfully listed on both the exchanges i.e National Stock Exchange of India (NSE) and Bombay Stock Exchange Limited (BSE).

During the financial year 2011-12, our company's revenue was Rs. 910.54 lakhs as compared to Rs. 39.15 lakhs in corresponding period of last year. Net Profit of the Company remains at Rs. 1.31 lakhs as compared to loss of Rs. 69.96 lakhs in Financial Year 2010-11. The Financial Performance of the Company was adversely impacted mainly due to Ex-Parte Ad-Interim order passed by the SEBI against the Company on 28th December, 2011. However, the Company is taking necessary actions and steps to overcome the setback of the impugned order. Recently, the Company got some relief from the Hon'ble Securities Appellate Tribunal ("SAT") in terms of permission to underwrite issues, execute the current mandates and stay on the direction of Ex-Parte Ad-Interim order to call back the funds which have already been used towards the objects of the issue and has asked the SEBI to complete the investigation by end of October 2012. (For detailed information please see the SEBI order copy dated December 28, 2011 which are available on below mentioned link: http://www.sebi.gov.in/cms/sebi_data/attachdocs/1325083137664.pdf) (For detailed information please see the SAT order copy dated January 01, 2012 and dated June 25, 2012, which are available on below mentioned link: http://www.sebi.gov.in/cms/sebi_data/attachdocs/1327056363349.pdf and http://www.sebi.gov.in/cms/sebi_data/ attachdocsAI341221347195.pdf)

Merchant Banking

In Merchant Banking, our company signed 16 assignments to undertake fund raising through IPO and two advisory mandates. These companies are in diverse sectors like Oral Care, Oil & Gas, Water Purification, Ferro Alloy, Digital Marketing, Metal Recycling, Glass Manufacturing, Sugar, Health & Spa and Education etc.

Portfolio Management Services (PMS) & Stock Broking

The Company is a SEBI registered Portfolio Management Service Provider and a BSE registered Stock Broker. The Company will take necessary steps to start PMS business after the clarity on Ex-Parte Ad-Interim order passed by the SEBI against our company. The Company is in process of devising strategies to enter the market in respect of stock broking activities, in due course.

Trading Member of Derivatives Segment

The Company got registration in BSE as a Trading member in Derivatives segment. We will commence this business simultaneously with stock broking business, in due course.

Deposits

The Company has not accepted any deposits from public during the year under review.

Dividend

In order to conserve its resources, your Directors do not recommend any dividend for the year 2011- 2012.

Directors

Mr. Ashwanikumar Tangri was appointed as an additional Director in the capacity of independent director w.e.f. 26th June, 2012. Mr. Tangri holds office as an additional Director up to the date of the forthcoming Annual General Meeting of the Company. The Company has received notice under section 257 proposing the candidature of Mr. Tangri as a director at the forthcoming Annual General Meeting of the Company.

Further, Mr. Ayodhya Prashad Shukla and Mr. T. S Raghavan, Independent Directors of the Company retire by rotation and being eligible offer themselves for re-appointment.

Mr. Tushar Shridharani has resigned as a Director of the Company w.e.f. 29th December, 2011. Your Directors place on record their sincere appreciation of the services rendered by Mr. Shridharani during his tenure as a Independent Director of the Company.

Directors Responsibility Statement As Per Section 217 (2AA)

The Board of Directors hereby confirm having:

i. Followed in the preparation of the Annual Accounts, the applicable accounting standards along with the proper explanation relating to material departures;

ii. 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. Taken proper and sufficient care for 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. Prepared the Annual Accounts on a going concern basis.

Auditors & Auditors Report

The existing auditors M/s Anay Gogte & Co, Chartered Accountants, retire at the ensuing Annual General Meeting and have indicated their non availability for re-appointment as the auditor for the Company due to pre occupation.

The Board has obtained the confirmation from M/s. Khandelwal Jain & Co., Chartered Accountants of their eligibility and willingness to be appointed as the Statutory Auditors of the Company. A proposal seeking their appointment is provided as part of the Notice of the ensuing Annual General Meeting.

The observations made in the Auditors Report are selfexplanatory and therefore in the opinion of the Board no further comments are required under Section 217 (3) of the Companies Act, 1956.

Particulars of Employees

None of the employees/director(s) are drawing remuneration in excess of Rs. 60 Lakhs per annum or Rs. 5 Lakhs per month and therefore the particulars of employees as required by section 217(2A) of Companies Act, 1956 and Companies (Particulars of Employees) Rules are not required to be attached.

Statutory Disclosure

Information pursuant to Section 217(1) (e) of the Companies Act, 1956, read with the Companies (Disclosure of Particulars in the Report of the Board of Directors) Rules, 1988 is as under:

A. Conservation of Energy:

The operations of the Company are not energy intensive. However, energy conservation measures are being taken for regular preventive maintenance of all equipments to increase the efficiency of the equipment resulting in power saving.

B. Technology Absorption:

As the Company has not acquired any technology, the question of absorption of technology does not apply to the Company.

C. Foreign Exchange Earning and Outgo:

Total foreign exchange earnings and outgo during the year.

FOB Value of Exports : NIL

CIF Value of Imports : NIL

Expenditure in foreign currency : NIL

Corporate Governance

The amendments to the Companies Act, 1956 and the listing agreements executed with the Stock Exchanges require compliance with specified Corporate Governance practices. The detailed Report on Corporate Governance approved by the Directors pursuant to clause 49 of the listing agreement with stock exchanges, your company has obtained certificate from the statutory auditor of the company, for the compliance of the Corporate Governance, which is annexed and forms part of this annual report.

Acknowledgement

The Directors take this opportunity to thank all the employees, shareholders, Registrars, Bankers to the Company, The Securities & Exchange Board of India, Bombay Stock Exchange Limited, National Stock Exchange of India Limited, National Securities Depository Limited, Central Depository Services Limited, other Government Agencies and valued clients for their support and co-operation during the year under review. Your Directors look forward to the continued support of all stakeholders in the future.

By and on behalf of the Board

for ONELIFE CAPITAL ADVISORS LIMITED

Sd/-

T.K.P Naig

Whole Time Director

Registered Office:

96/98 Mint Road,

Mumbai 400 001

Place: Mumbai

Date: 06th August, 2012


Mar 31, 2010

The Directors submit their Annual Report on the working of the company and Audited Statement of Account for the year ended 31st MARCH, 2010 this is the first year of the company after incorporation.

Financial Results Year ended 31/3/2010 Year ended 31/3/2009

Gross Receipts Rs. 6,167,343 0

Less Expenditure Rs. 4,120,338 43,298

Profit/(Loss) Rs. 2,047,005 (43,298)

Prov. For Tax Rs. 675,000 0

Profit/(Loss) after tax Rs. 1,372,005 (43,298)

DIVIDEND

Considering the financial position of the company Directors do not recommend any dividend.

DIRECTORS RESPONSIBILITY STATEMENT

Following is the Director Responsibility statement as required under section 217(2AA) of the financial statements:

a) That in the preparation of annual accounts, the applicable accounting standards have been followed along with proper explanation relating to material departures.

b) That directors have been selected such accounting policies and applied them consistently and made judgment and estimates that are reasonable and prudent so as to give true and fair view of the state of affair of the company at the end of the financial period and of the Profit or Loss of the company for the period.

c) That the directors have take proper and sufficient care of the maintenance of adequate accounting records in accordance with the provision of this Act for safe guarding the assets of the company and for preventing and defecting fraud and other irregularities.

d) That the Director have prepared the annual accounting on going concern basis.

AUDITORS

The members are requested to reappoint Auditor for the current Financial Year.

General Meeting and Rashmi Modi & Co. Chartered Accountant has been reappointed as the auditor.

The company is not manufacturing company. The information pursuant to section 217 (i) (e) are as under :

ENERGY CONSERVATION: Not Applicable NIL

TECHNOLOGY ABSORPTION : NIL

FOREIGN EXCHANGE : NIL

FOR AND BEHALF OF THE BOARD

PLACE: MUMBAI

DATE: 24.08.2010 DIRECTOR DIRECTOR

 
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