• SMC open account icon Open an A/C
    • Open an A/C
    • Trading A/c
    • Mutual Fund A/c
    • NBFC A/c
    • NPS A/c
  • SENSEX Feb 26 2021 09:25
    50,288.31 -751.00 (-1.47%)
  • NIFTY Feb 26 2021 09:29
    14,900.45 -196.90 (-1.30%)
  • SENSEX Feb 26 2021 09:25
    50,288.31 -751.00 (-1.47%)
  • NIFTY Feb 26 2021 09:29
    14,900.45 -196.90 (-1.30%)
  • Nasdaq Feb 26 2021 04:30
    13,119.43 -478.54 (-3.52%)
  • DJIA Feb 26 2021 04:30
    31,402.01 -559.85 (-1.75%)
  • S&P 500 Feb 26 2021 04:30
    3,829.34 -96.09 (-2.45%)
  • Hang Seng Feb 25 2021 02:10
    30,074.17 +355.93 ( +1.20%)
  • Crude Oil Feb 26 2021 09:22
    4,622.00 0.00 (0.00%)
  • Gold Feb 26 2021 09:22
    46,289.00 +48.00 ( +0.10%)
  • Silver Feb 26 2021 09:22
    68,968.00 -308.00 (-0.44%)
  • Copper Feb 25 2021 11:53
    726.35 -9.00 (-1.22%)
  • Pound / Rupee Dec 23 2016 22:30
    102.24 +0.28 ( +0.27%)
  • Dollar / Rupee Dec 23 2016 22:30
    72.30 -0.08 (-0.11%)
  • Euro / Rupee Dec 23 2016 22:30
    87.86 -0.13 (-0.14%)
  • Yen / Rupee Dec 23 2016 22:30
    0.68 0.00 (-0.64%)

BSE Code : | NSE Symbol : | ISIN:| SECTOR : |


Volume 280564

Prev. Close

Open Price

Bid Price (QTY)

Offer Price (QTY)


Today’s High/Low -

52 wk High/Low -

Key Stats

P/E 52
BOOK VALUE (RS) 8.4508946
DIV (%) 0
EPS (TTM) 0.19
PRICE/BOOK 1.16910699608063

News & Announcements


E.Com Infotech (India) reports consolidated net profit of Rs 0.07 crore in the December 2020 quarter


E.Com Infotech (India) to hold board meeting


E.Com Infotech (India) reports standalone net loss of Rs 0.12 crore in the September 2020 quarter


E.Com Infotech (India) Ltd - Submission Of Standalone And Consolidated Unaudited Financial Results In Compliance With Regulation 33 Of SEBI (LODR) Regulations, 2015.


E.Com Infotech (India) to hold board meeting


E.Com Infotech (India) to conduct board meeting


E.Com Infotech (India) to hold board meeting


E.Com Infotech (India) to hold AGM

Corporate Actions

Capital Structure
Book Closure
Board Meeting


Income Statement


Peers Comparsion

Select Company Name BSE Code NSE Symbol
3i Infotech Ltd 532628 3IINFOTECH
63 Moons Technologies Ltd 526881 63MOONS
7Seas Entertainment Ltd 540874
AAA Technologies Ltd 535363 AAATECH
Abacus Computers Ltd 508987
ABM Knowledgeware Ltd 531161
Accel Ltd 517494
Accelya Solutions India Ltd 532268 ACCELYA
Accentia Technologies Ltd 531897
Ace Software Exports Ltd 531525
ACI Infocom Ltd 517356
AcroPetal Technologies Ltd 533330 ACROPETAL
Aditya Birla Minacs IT Services Ltd 532199 PSIDATASYS
Adroit Infotech Ltd 532172 ADROITINFO
Advent Computer Services Ltd 531429
Aftek Ltd 530707 AFTEK
Agnite Education Ltd 532358 TELEDATAGL
AGS Infotech Ltd 533314
Airan Ltd 538410 AIRAN
Alankit Ltd 531082 ALANKIT
Allied Digital Services Ltd 532875 ADSL
Allsec Technologies Ltd 532633 ALLSEC
Allsoft Corporation Ltd 532327
Alphalogic Techsys Ltd 542770
Alps Bpo Services Ltd 531924
Amber Fabrics Ltd 536820
Ami Computers (I) Ltd 526805
Apollo Micro Systems Ltd 540879 APOLLO
Aris International Ltd 531677
ASM Technologies Ltd 526433
Athena Global Technologies Ltd 517429
Atishay Ltd 538713
Aurionpro Solutions Ltd 532668 AURIONPRO
AXISCADES Technologies Ltd 532395 AXISCADES
Aztecsoft Ltd(merged) 532385 AZTECSOFT
B2B Software Technologies Ltd 531268
Bangalore Softsell Ltd 40662
Baron Infotech Ltd 532336
Bartronics India Ltd 532694 BARTRONICS
Bathina Technologies (India) Ltd 532377
Bharatiya Global Infomedia Ltd 533499 BGLOBAL
Birlasoft Ltd 532400 BSOFT
BLS International Services Ltd 540073 BLS
Blue Cloud Softech Solutions Ltd 539607
Blue Information Technology Ltd 532182
Blue Star Infotech Ltd 532346 BLUESTINFO
BNR Udyog Ltd 530809
Bodhtree Consulting Ltd 539122 BODHTREE
Brightcom Group Ltd 532368 BCG
Brothers Computers & Software (I) Ltd 532000
Cadsys (India) Ltd 535011 CADSYS
California Software Company Ltd 532386 CALSOFT
Cambridge Technology Enterprises Ltd 532801 CTE
Capricorn Systems Global Solutions Ltd 512169
Cat Technologies Ltd 531682
Cauvery Software Engineering Systems Ltd 500080 CAUVERSOFT
Ceinsys Tech Ltd 538734
Centerac Technologies Ltd 531621
CES Ltd 512341
CG-VAK Software & Exports Ltd 531489
Cigniti Technologies Ltd 534758 CIGNITITEC
CLIO Infotech Ltd 530839
Coforge Ltd 532541 COFORGE
Commex Technology Ltd 532342
Compudyne Winfosystems Ltd 532306 COMPUDYNE
Compulink Systems Ltd(merged) 532688 COMSYS
Computech International Ltd 531224 COMPUTECH
Computer Power (India) Ltd 40658
Continental Chemicals Ltd 506935
Coral Hub Ltd 533011 CORAL-HUB
COSYN Ltd 538922
Covidh Technologies Ltd 534920
Cranes Software International Ltd 512093 CRANESSOFT
Cressanda Solutions Ltd 512379
Crystal Software Solutions Ltd 526033
Cura Technologies Ltd 532332 CURATECH
Cybermate Infotek Ltd 532271
Cyberscape Multimedia Ltd 532364
Cybertech Systems & Software Ltd 532173 CYBERTECH
Cyient Ltd 532175 CYIENT
Datamatics Global Services Ltd 532528 DATAMATICS
Datasoft Applications Software (India) Ltd 526443
Datum Technologys (India) Ltd 40626
Dev Information Technology Ltd 538417 DEVIT
Dhanus Technologies Ltd 532903 DHANUS
Diamond Infosystems Ltd 530801
Dibba Infotech Ltd 538399 DIL
Dion Global Solutions Ltd 526927 FORTISFIN
Dot Com Global Ltd 530391 PERCIMDIAM
DSQ Software Ltd 523864 SQRDSFWARE
Ducon Infratechnologies Ltd 534674 DUCON
Dynacons Systems & Solutions Ltd 532365 DSSL Infotech Ltd 532417
E2E Networks Ltd 535080 E2E
eClerx Services Ltd 532927 ECLERX
Ed & Tech International Ltd 590038 VISUINTL
Edserv Softsystems Ltd 533055 EDSERV
Eider Infotech Ltd 531958 EIDERTELE Technologies Ltd 524588
Eonour Technologies Ltd 532308
ERP Soft Systems Ltd 530909
Essemm Information Systems Ltd 40661
European Software Alliances Ltd 530387 EUROSOFTAL
Excel Realty N Infra Ltd 533090 EXCEL
Exel Software Ltd 531759
Expleo Solutions Ltd 533121 EXPLEOSOL
Exquisite Exports Ltd 40682
FCS Software Solutions Ltd 532666 FCSSOFT
FI Sofex Ltd 40644
Fintech Communication Ltd 531754
Firstobject Technologies Ltd 532379
Firstsource Solutions Ltd 532809 FSL
Flextronics Software Systems Ltd(merged) 532266 FSS
Fore C Software Ltd 40515
Fourth Dimension Solutions Ltd 532600 FOURTHDIM
Fourth Generation Information Systems Ltd 532403
Frontlinesoft Ltd 40646
Funny Software Ltd 539169
Genesys International Corporation Ltd 506109 GENESYS
Geodesic Ltd 503699 GEODESIC
Geometric Ltd (Merged) 532312 GEOMETRIC
GI Engineering Solutions Ltd 533048 GISOLUTION
Globalspace Technologies Ltd 540654
Glodyne Technoserve Ltd 532672 GLODYNE
Goldstone Technologies Ltd 531439 GOLDTECH
Gracious Software Ltd 780002
GSS Infotech Ltd 532951 GSS
G-Tech Info Training Ltd 532139
Happiest Minds Technologies Ltd 543227 HAPPSTMNDS
Healthfore Technologies Ltd 533525
Hexaware Technologies Ltd 532129 HEXAWARE
Hiliks Technologies Ltd 539697
Hinduja Global Solutions Ltd 532859 HGS
HOV Services Ltd 532761 HOVS
Hypersoft Technologies Ltd 539724
I Power Solutions India Ltd 512405
ID Info Business Services Ltd 511260
IDream Film Infrastructure Company Ltd 504375
IGate Computer Systems Ltd(Merged) 532517 PATNI
IIS Infotech Ltd 40187
IKF Technologies Ltd 532414
Indus Networks Ltd 532381
Infibeam Avenues Ltd 539807 INFIBEAM
Infinite Computer Solutions India Ltd 533154 INFINITE
InfoBeans Technologies Ltd 532560 INFOBEAN
Info-Drive Software Ltd 530703 INFODRIVE
Informed Technologies India Ltd 504810
Infronics Systems Ltd 537985
Innovana Thinklabs Ltd 535036 INNOVANA
Innovation Software Exports Ltd 517433
Inspirisys Solutions Ltd 532774 INSPIRISYS
Integra Telecommunication & Software Ltd 536868
Integrated Data Systems Ltd 40277
Integrated Hitech Ltd 532303
Intellect Design Arena Ltd 538835 INTELLECT
Intellvisions Software Ltd (Merged) 531777
Intense Technologies Ltd 532326 INTENTECH
Interactive Financial Services Ltd 539692
Intergrated Digital Info Services Ltd 523770
International Data Management Ltd 517044
Intertec Technologies Ltd 40620
Interworld Digital Ltd 532072
Intrasoft Technologies Ltd 533181 ISFT
IOL Netcom Ltd 512185 IOLN
IQ Infotech Ltd 532421
IRIS Business Services Ltd 540735
Irmac Services India Ltd 40648
IZMO Ltd 532341 IZMO
Jeevan Scientific Technology Ltd 538837
Jointeca Education Solutions Ltd 534659
Jonjua Overseas Ltd 542446
K2 Systems Ltd 40673
Kaashyap Technologies Ltd 532283
KALS Information Systems Ltd 40672
Kashyap Tele-Medicines Ltd 531960
KCC Software Ltd 40688
Kedia Infotech Ltd 531976
Kellton Tech Solutions Ltd 519602 KELLTONTEC
Kireeti Soft Technologies Ltd 40629
Kirloskar Multimedia Ltd 532352
KLG Systel Ltd 531269 KLGSYSTEL
KPIT Technologies Ltd 542651 KPITTECH
Krisn Information Technologies Ltd 40655
Ksolves India Ltd 535356 KSOLVES
L&T Technology Services Ltd 540115 LTTS
Lan Eseda Industries Ltd 523407 LANESEDA
Lee & Nee Software (Exports) Ltd 517415
Lex Nimble Solutions Ltd 541196
Maars Software International Ltd 531528 MAARSOFTW
Magnum Ltd 530347
Mahaveer Infoway Ltd 539383
Majesco Ltd 539289 MAJESCO
Mangalya Soft-Tech Ltd 530243
Mastek Ltd 523704 MASTEK Software Ltd 40640
Megasoft Ltd 532408 MEGASOFT
Meglon Infra-Real (India) Ltd 511367
Megri Soft Ltd 539012
Melstar Information Technologies Ltd 532307 MELSTAR
Micro Technologies (India) Ltd 532494 MICROTECH
Millennium Cybertech Ltd 531942
Millennium Infocom Technologies Ltd 40637
Mindpool Technologies Ltd 535155 MINDPOOL
Mindteck (India) Ltd 517344 MINDTECK
Moschip Technologies Ltd 532407
Mphasis Ltd 526299 MPHASIS
MPS Infotecnics Ltd 532411 VISESHINFO
Mudunuru Ltd 538743
MYM Technologies Ltd 531843
N2N Technologies Ltd 512279
Net 4 India Ltd 532912 NET4
Netlink Solutions (India) Ltd 509040
Netripples Software Ltd 542117
Netvision Web Technologies Ltd 532010
New Markets Advisory Ltd 508867
Newgen Software Technologies Ltd 540900 NEWGEN
Nexus Software Ltd 517540
Nexxoft Infotel Limited 532045
Nihar Info Global Ltd 531083
NINtec Systems Ltd 539843
Nucleus Software Exports Ltd 531209 NUCLEUS
Oasis Infotech Ltd 40627
Objectone Information Systems Ltd 535657
Octaware Technologies Ltd 540416
Odyssey Technologies Ltd 530175
Omni Axs Software Ltd 532340
Omnitech Infosolutions Ltd 532882 OMNITECH
One Point One Solutions Ltd 535039 ONEPOINT
Ontrack Systems Ltd 532607
Onward Technologies Ltd 517536 ONWARDTEC
Oracle Financial Services Software Ltd 532466 OFSS
Orient Information Technology Ltd(merged) 531167 ORIENTINFO
Orpine Systems Ltd 40694
Pace Automation Ltd 517292
Pagaria Energy Ltd 531396
Palred Technologies Ltd 532521 PALREDTEC
Palsoft Infosystems Ltd 511597
Panoramic Universal Ltd 531816 PANORAMUNI
Paramone Concepts Ltd 531364
Pentagon Global Solutions Ltd 532314
Pentasoft Technologies Ltd(merged) 531492 PENTACOMMU
Persistent Systems Ltd 533179 PERSISTENT
PFL Infotech Ltd 531769
Pine Animation Ltd 511421
Polaris Consulting & Services Ltd 532254 POLARIS
Powersoft Global Solutions Ltd 532736
Pragnya Software Systems Ltd 40652
Prism Informatics Ltd 505530
Prithvi Information Solutions Ltd 532675 PRITHVI
Proto Developers & Technologies Ltd 530069
Qpro Infotech Ltd 506102
Quest Softech India Ltd 535719
Quick Heal Technologies Ltd 539678 QUICKHEAL
Quintegra Solutions Ltd 532866 QUINTEGRA
R S Corporation Ltd 531700
R S Software (India) Ltd 517447 RSSOFTWARE
R Systems International Ltd 532735 RSYSTEMS
Rajesh Global Solutions Ltd 40645
Ram Info Ltd 530951
Ramco Systems Ltd 532370 RAMCOSYS
Ranklin Solutions Ltd 590077 RANKLIN
Ransi Softwares India Ltd 532165
Reliable Data Services Ltd 535020 RELIABLE
Religare Technova Global Solutions Ltd(merged) 530619
Relson India Ltd 502473
Rolta India Ltd 500366 ROLTA
Route Mobile Ltd 543228 ROUTE
RPSG Ventures Ltd 542333 RPSGVENT
S Kumars Online Ltd 532316
SagarSoft (India) Ltd 540143
Sai Info Ltd(merged) 532118
Saksoft Ltd 590051 SAKSOFT
Sankhya Infotech Ltd 532972
Sanraa Media Ltd 531312
Sasken Technologies Ltd 532663 SASKEN
Satellite Infoconcepts Ltd 508671
Saven Technologies Ltd 532404
Scanpoint Geomatics Ltd 526544
Scintilla Software Technology Ltd 530729 SCINTSOFT
Secmark Consultancy Ltd 543234
SecureKloud Technologies Ltd 512161 SECURKLOUD
Senthil Infotek Ltd 531980
Sequelsoft India Ltd 532422
Seshachal Technologies Ltd 531794
Shapre Global Info Services Ltd (Merged) 532361
Shell Infotech Ltd 503630
Shine Computech Ltd 40650
Shonkh Technologies International Ltd 512028
Shreejal Info Hubs Ltd 506874
Shyama Infosys Ltd 531219
Sibar Software Services (India) Ltd 532302
Sierra Optima Ltd 531121 SIERRAOPT
Sigma Solve Ltd 535365 SIGMA
Silver Touch Technologies Ltd 535031 SILVERTUC
Silverline Technologies Ltd 500389 SILVERLINE
Sindu Valley Technologies Ltd 505504
SMS Techsoft (India) Ltd 531838
Sofcom Systems Ltd 538923
Softech Infinium Solutions Ltd 530651
Softrak Technology Exports Ltd 526457
Softsol India Ltd 532344
Softtech Engineers Ltd 535078 SOFTTECH
Sonata Software Ltd 532221 SONATSOFTW
Southern Infosys Ltd 540174
Spacenet Enterprises India Ltd 513249 SPCENET
Spanco Ltd 508976 SPANCO
Sparc Systems Ltd 531370
Spectacle Ventures Ltd 512413 SPECTACLE
Springform Technology Ltd 501479
Srico Software India Ltd 40624
Starcom Information Technology Ltd 531616
Sterling Webnet Ltd 531901
Stock Net International Ltd 512640
Subex Ltd 532348 SUBEXLTD
Suchinfotech Ltd 40635
Svam Software Ltd 523722
Synfosys Business Solutions Ltd 40631
Take Solutions Ltd 532890 TAKE
Taksheel Solutions Ltd 533639 TAKSHEEL
Tanla Platforms Ltd 532790 TANLA
Tata Elxsi Ltd 500408 TATAELXSI
TCS e-Serve Ltd (Merged) 509028 E-SERVEINT
TechNest Solutions Ltd 40414
TechNVision Ventures Ltd 501421
Tej Infoways Ltd 538793
TeleCanor Global Ltd 530595
Teledata Marine Solutions Ltd 533462 TELEMARINE
Teledata Technology Solutions Ltd 533089 TELEDATAIT
Teleperformance Business Services India Ltd 532833
Telesys Info-Infra (I) Ltd 532315
Tera Software Ltd 533982 TERASOFT
Top Media Entertainment Ltd 532036
Transcon Research & Infotech Ltd 531318
Transtream India.Com Ltd 532258
Tranway Technologies Ltd 542923
Trejhara Solutions Ltd 542233 TREJHARA
Tricom India Ltd 531675 TRICOM
Trigyn Technologies Ltd 517562 TRIGYN
Triton Corp. Ltd 523387
Turbotech Engineering Ltd 504358
Tutis Technologies Ltd 532311
Twinstar Industries Ltd 531917
Uniport Computers Ltd 523632
Unipro Technologies Ltd 540189
United Interactive Ltd 502893
USG Tech Solutions Ltd 532402
Valuemart Info Technologies Ltd 532338
Vantel Technologies Ltd 532396
Vedavaag Systems Ltd 533056
Vikram Software Ltd 40634
Virgo Global Ltd 532354
Virinchi Ltd 532372
Virtual Dynamics Software Ltd 40649
Virtual Global Education Ltd 534741
Virtualsoft Systems Ltd 531126
Visie Cyber Tech Ltd 40625
VisualSoft Technologies Ltd(merged) 532214 VISUALSOFT
Washington Softwares Ltd 531933
Watson Software Ltd 516090
We Win Ltd 538447 WEWIN
Weal Infotech Ltd 40647
Web Element Solutions Ltd 780016
Wisec Global Ltd 511642
Xchanging Solutions Ltd 532616 XCHANGING
Xelpmoc Design and Tech Ltd 542367 XELPMOC
XT Global Infotech Ltd 531225
Zen Technologies Ltd 533339 ZENTEC
Zenith Global Consultants Ltd 40677
Zenith Infotech Ltd 532298 ZENITHINFO
Zensar Technologies Ltd 504067 ZENSARTECH
Zigma Software Ltd 532177
Zylog Systems Ltd 532883 ZYLOG

Share Holding

Category No. of shares Percentage
Total Foreign 2908 0.06
Total Institutions 0 0.00
Total Govt Holding 0 0.00
Total Non Promoter Corporate Holding 8246 0.16
Total Promoters 3654424 72.70
Total Public & others 1361522 27.09
Total 5027100 100
  • Total Foreign
  • Total Institutions
  • Total Govt Holding
  • Total Non Promoter Corporate Holding
  • Total Promoters
  • Total Public & others

About E.Com Infotech (India) Ltd

E.Com Infotech (India) Ltd was incorporated in Jul.'83 as Everest Televisions Pvt Ltd. Promoted by K B Chaudhary, Anil Chaudhary and Ashwin Chaudhary, it was renamed Everest Marketing (EML) in Nov.'85 and converted into a public limited company in Nov.'94. Engaged in marketing electronic telecommunication equipment like Panasonic fax machines, electronic copy boards, etc, the company operates through 5 sales and service centres at Mumbai,Delhi,Chenai,Secunderabad and Pondicherry. It expanded its sales and service base by adding sophisticated repair and testing equipment and also to increase its product range by including cameras and cordless phones. EML came out with a public issue in Jan.'96 to part-finance its expansion programme. EML has tied up with Ricoh, Japan, to distribute and service cameras. It launched price-competitive cordless phones for which it has tied up with Hua Chang Electronics Company, Hongkong, for the supply of cordless phones.

E.Com Infotech (India) Ltd Chairman Speech

E.Com Infotech (India) Ltd Company History

E.Com Infotech (India) Ltd was incorporated in Jul.'83 as Everest Televisions Pvt Ltd. Promoted by K B Chaudhary, Anil Chaudhary and Ashwin Chaudhary, it was renamed Everest Marketing (EML) in Nov.'85 and converted into a public limited company in Nov.'94. Engaged in marketing electronic telecommunication equipment like Panasonic fax machines, electronic copy boards, etc, the company operates through 5 sales and service centres at Mumbai,Delhi,Chenai,Secunderabad and Pondicherry. It expanded its sales and service base by adding sophisticated repair and testing equipment and also to increase its product range by including cameras and cordless phones. EML came out with a public issue in Jan.'96 to part-finance its expansion programme. EML has tied up with Ricoh, Japan, to distribute and service cameras. It launched price-competitive cordless phones for which it has tied up with Hua Chang Electronics Company, Hongkong, for the supply of cordless phones.

E.Com Infotech (India) Ltd Directors Reports

The Members of


The Directors have pleasure in submitting their Report and Accounts for the year ended on 31st March 2020.

Rs. in lakhs

FINANCIAL RESULTS 2019-20 2018-19
Net Sales / Income from operations 76.93 153.22
Other income 2.30 5.32
Total Expenses 72.22 148.09
Finance cost 0.01 0.02
Profit / Loss after before 7.00 10.43
Interest but depreciation & taxation
Depreciation 11.05 6.23
Provision for Taxation -1.10 1.10
Net Profit / Loss -2.95 3.11


The General Reserve at the end of the year stands at Rs. (60.35) lakhs.


An amount of Rs. - 2,95,000/- (Rupees two Lakhs ninety five Thousand Only) is proposed to be carried to the reserves during the year ended 31st March, 2020.


In view of insufficient profits, the Directors do not recommend any dividend for this year.


The net turnover for the year under review amounted to Rs. 76.93 lakhs as compared to Rs. 153.22 lakhs last year.


The operations of the company have slightly been reduced but Directors of the Company are hopeful of better result in the coming year barring unforeseen circumstances.


There have been no material changes and commitments affecting the financial position of the company between the end of the financial year and the date of this report. There has been no change in the nature of business of the company.


The Company has no public deposits as of date and will not accept any deposits without prior approval of the Statutory Authorities concerned.


The company has an internal control system, commensurate with the size, scale and complexity of its operations.


The company has not given any loans or guarantees covered under the provisions of section 186 of the Companies Act, 2013. The details of the investments made by company are given in the notes to the financial statements.


Mr. Priya Chaudhary, Director, retires by rotation at the ensuing annual general meeting and being eligible, offers herself for re-appointment.

The company has received declarations from all the Independent Directors of the company confirming that they meet the criteria of independence pursuant to section 149(6) of the Act.


Pursuant to the provisions of the Companies Act, 2013 and provisions of Regulations of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Board has carried out an evaluation of its own performance, the Directors individually as well as the evaluation of the working of its Audit and Nomination cum Remuneration Committees. The manner in which the evaluation has been carried out has been explained in the Corporate Governance Report.


The Board has, framed a policy for selection and appointment of Directors, Senior Management and their remuneration. The Remuneration Policy to be followed as stated in the Corporate Governance Report.


During the year eight Board Meetings and four Audit Committee Meetings were convened and held. The details of which are given in the Corporate Governance Report. The intervening gap between the Meetings was within the period prescribed under the Companies Act, 2013.


The Board of Directors acknowledges the responsibility for ensuring compliance with the provisions of section 134(3)(c) read with section 134(5) of the Companies Act, 2013 in the preparation of the annual accounts for the year ended on March 31, 2020 and state that:

i. in the preparation of the annual accounts, the applicable accounting standards have been followed along with proper explanation relating to material departures, if any;
ii. the Directors have selected such accounting policies and applied them consistently and made judgments and estimates that are reasonable and prudent so as to give a true and fair view of the state of affairs of the Company at the end of the financial year and of the profit of the Company for that period; iii. the Directors have taken proper and sufficient care for the maintenance of adequate accounting records in accordance with the provisions of this Act for safeguarding the assets of the Company and for preventing and detecting fraud and other irregularities;
iv. the Directors have prepared the annual accounts on a going concern basis;
v. the Directors have laid down internal financial controls to be followed by the Company and that such internal financial controls are adequate and are operating effectively; and
vi. there is a proper system to ensure compliance with the provisions of all applicable laws and that such systems are adequate and operating effectively.


Gupta Raj & Co, Chartered Accountants, (FRN. 001687N) Statutory Auditor were appointed in the 35th annual general meeting to hold office of Statutory Auditor of the Company up to the Annual General Meeting for the financial year 2021-22.


Pursuant provisions of section 204 of the Companies Act 2013 and The Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014 the company has appointed M/s V R Associates, Company Secretaries to undertake the Secretarial Audit of the Company. The Secretarial Audit report is annexed herewith as "Annexure A".

Our comments on the observations made in the Secretarial Audit Report are as under:

a. Internal Auditor appointment was made however due to some issues company is in search of another Internal Auditor and shall comply with this requirement soon. b. Company filed Compliance Certificate half yearly; however it is required to be filed Quarterly which will be taken care of.


The details forming part of the extract of the Annual Return in form MGT-9 is annexed herewith as "Annexure B"


The company has been incurring losses during the last 3 years and hence the provisions of Corporate Social Responsibility as laid down in section 135 of the Act is not yet applicable to the company.


All related party transactions that were entered into during the financial year were on arm's length basis and were in the ordinary course of the business. There are no materially significant related party transactions made by the company with Promoters, Key Managerial Personnel or other designated persons which may have potential conflict with interest of the company at large. ("Annexure C"-AOC-2 )


The Board of Directors has approved a Code of Conduct which is applicable to the Members of the Board and all employees in the course of day to day business operations of the company. The Code has been placed on the Company's website The Code lays down the standard procedure of business conduct which is expected to be followed by the Directors and the designated employees in their business dealings and in particular on matters relating to integrity in the work place, in business practices and in dealing with stakeholders. All the Board Members and the Senior Management personnel have confirmed compliance with the Code.


The Company is committed to the high standards of Corporate Governance and stakeholder responsibility. The Company has established a vigil mechanism to be known as the ‘Whistle Blower Policy' for its Directors and employees, to report instances of unethical behaviour, actual or suspected, fraud or violation of the Company's Code of Conduct. The aim of the policy is to provide adequate safeguards against victimization of whistle blower who avails of the mechanism and also provide direct access to the Chairman of the Audit Committee, in appropriate or exceptional cases.

Accordingly, ‘Whistle Blower Policy' has been formulated with a view to provide a mechanism for the Directors and employees of the Company to approach the Ethics Counselor or the Chairman of the Audit Committee of the Company. The purpose of this policy is to provide a framework to promote responsible and secure whistle blowing. It protects employees willing to raise a concern about serious irregularities within the Company.


The Company has adopted a Code of Conduct for Prevention of Insider Trading with a view to regulate trading in securities by the Directors and designated employees of the Company. The Code requires pre-clearance for dealing in the Company's shares and prohibits the purchase or sale of Company shares by the Directors and the designated employees while in possession of unpublished price sensitive information in relation to the Company and during the period when the Trading Window is closed. The Board is responsible for implementation of the Code. All Board Directors and the designated employees have confirmed compliance with the Code.


The information required pursuant to Section 197 read with rule 5 of the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014 in respect of employees of the Company, will be provided upon request. In terms of Section 136 of the Act, the reports and accounts are being sent to the members and others entitled thereto, excluding the information on employees' particulars which is available for inspection by the members at the Registered office of the company during business hours on working days of the company up to the date of ensuing Annual General Meeting. If any member is interested in inspecting the same, such member may write to the Company Secretary in advance.

The prescribed particulars of Conservation of Energy, Technology Absorption do not apply to your Company. There are no foreign exchange earnings & outgo during the year under report.


The observation made by the Auditors in their report has been duly Clarified / explained in the relevant notes forming part of the Annual Accounts which are self-explanatory.


The Report on Corporate Governance is attached to this Report.

Disclosure under the Sexual Harassment of Women at Workplace (Prevention, Prohibition and Redressal) Act, 2013.

The Company has in place an Anti Sexual Harassment Policy in line with the requirements of the Sexual Harassment of Women at the Workplace (Prevention, Prohibition & Redressal) Act, 2013. All employees (permanent, contractual, temporary, trainees) are covered under this policy .The company does not have the requisite number of employees for constitution of Internal Complaints Committee (ICC) under the said Act.

The following is a summary of sexual harassment complaints received and disposed off during the year 2019-20

No of complaints received: Nil
No of complaints disposed off. Nil


The Board of Directors would like to extend their thankfulness to Banks employee, clients and Shareholders of the Company for their continued support besides government at all levels

For and on Behalf of the Board of Directors,
S/d S/d
(DIN: 00365164) (DIN: 00365261)



E.Com Infotech (India) Ltd Company Background

Ashwin K ChaudaryAshwin K Chaudary
Incorporation Year1983
Registered OfficeNew Link Road Madhuban Colony,D N Nagar Andheri West
Telephone,Managing Director
Company SecretaryAnkitkumar Rajendrakumar Shah
AuditorGupta Raj & Co
Face Value10
Market Lot1
RegistrarSharex Dynamic (India) Pvt Ltd
C-101 247 Park ,L B S Marg ,Vikhroli West ,Mumbai - 400083

E.Com Infotech (India) Ltd Company Management

Director NameDirector DesignationYear
Ashwin K Chaudary Chairman & Managing Director 2020
Priya A Chaudhary Director 2020
Pooja Joshi Independent Director 2020
Reena Shinde Independent Director 2020
Ankitkumar Rajendrakumar Shah Company Secretary 2020

E.Com Infotech (India) Ltd Listing Information

E.Com Infotech (India) Ltd Finished Product

Product NameUnit Installed
Sales & Services NA 0000.7693

Contact us Contact us