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

NSE BSE
 

Volume 280564

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Key Stats

MARKET CAP (RS CR) 17.87
P/E 0
BOOK VALUE (RS) 29.9242849
DIV (%) 0
MARKET LOT 1
EPS (TTM) 0
PRICE/BOOK 0.584809296478794
DIV YIELD.(%) 0
FACE VALUE (RS) 10
DELIVERABLES (%)
4

News & Announcements

14-Oct-2020

Camex Ltd - Certificate Under Regulation 40(9) Of SEBI (LODR) Regulations 2015 For The Half Year Ended September 30, 2020

13-Oct-2020

Camex Ltd - Statement Of Investor Complaints For The Quarter Ended September 2020

13-Oct-2020

Camex Ltd - Compliance Certificate For The Half Year Ended As On September 30, 2020

30-Sep-2020

Camex Ltd - Closure of Trading Window

05-Sep-2020

Camex to conduct AGM

21-Aug-2020

Camex to announce Quarterly Result

23-Jul-2020

Camex to hold board meeting

21-Jan-2020

Camex schedules board meeting

Corporate Actions

Bonus
Splits
Dividends
Rights
Capital Structure
Book Closure
Board Meeting
AGM
EGM
 

Financials

Income Statement

Standalone
Consolidated
 

Peers Comparsion

Select Company Name BSE Code NSE Symbol
Abir Chemicals Ltd 40370
AksharChem (India) Ltd 524598 AKSHARCHEM
Amal Ltd 506597
Amar Dye-Chem Ltd (Wound-up) 506245 AMARDYCHEM
Arlabs Ltd 506265
Aryan Pesticides Ltd (Merged) 532190
Asahi Songwon Colors Ltd 532853 ASAHISONG
Atul Ltd 500027 ATUL
Beta Naphthol Ltd(wound-up) 500047 BETANAPTOL
Bhageria Industries Ltd 530803 BHAGERIA
Blue Blends Petrochemicals Ltd 524152
Bodal Chemicals Ltd 524370 BODALCHEM
Chemiequip Ltd 506353
Chromatic India Ltd 530191 CHROMATIC
Daikaffil Chemicals India Ltd 530825
Dynamic Industries Ltd 524818
Dynemic Products Ltd 532707 DYNPRO
Eclat Chemicals Ltd (Wound Up) 524568
Fundviser Capital (India) Ltd 530197
Generic Pharmasec Ltd 531592
Hilton Intermediates Ltd 524306
Hindprakash Industries Ltd 535353 HPIL
IDI Ltd 506485 INDYESTUF
Indian Toners & Developers Ltd 523586
Indo Euro Indchem Ltd 524458
Indokem Ltd 504092
Ishan Dyes & chemicals Ltd 531109
J D Orgochem Ltd 524592 JDORGOCHEM
Jaysynth Dyestuff (India) Ltd 506910 JAYDYSTUF
Kanoria Dyechem Ltd (Wound Up) 524584
Kiri Industries Ltd 532967 KIRIINDUS
Kolmak Chemicals Ltd 40733
Magna Colours Ltd 524270
Mahickra Chemicals Ltd 535075 MAHICKRA
Mardia Chemicals Ltd 500269 MARDIACHEM
Maya Rasayan Ltd 524770
Metrochem Industries Ltd(merged) 524683 METROCHEM
Milestone Organic Ltd(merged) 524368
Monarch Dyestuff Industries & Exports Ltd 530629
Nilsin Ultrachem Ltd 526183
Nirup Synchrome Ltd (Wound-up) 506949
Omni Dye-chem Exports Ltd 524384
Penta Pharmadyes Ltd 530793
Polson Ltd 507645
Poonam Rasayan Ltd 531965
Pratiksha Chemicals Ltd 531257
Primus Chemicals Ltd 531208
Rahi Chemicals Ltd 524442
Sadhana Nitro Chem Ltd 506642
Scan Organics Ltd 531105
Serene Industries Ltd 524067 SERENDYSTF
Shree Hari Chemicals Export Ltd 524336
Shree Pushkar Chemicals & Fertilizers Ltd 539334 SHREEPUSHK
Shreeji Dyechem Ltd 531290
Shreyas Intermediates Ltd 526335
Span Dyestuff Industries Ltd 530223
Sriman Petrochemicals Ltd(wound-up) 524626
Stilbene Chemicals Ltd 524486 STILBENCHM
Sudarshan Chemical Industries Ltd 506655 SUDARSCHEM
Tristar Enterprises Ltd (Merged) 530531
Ultra Intermediates Ltd 524744
Ultramarine & Pigments Ltd 506685 ULTRMARINE
Ushanti Colour Chem Ltd 535099 UCL
Vanavil Dyes & Chemicals Ltd(merged) 506860 VANADYCHEM
Vidhi Specialty Food Ingredients Ltd 531717 VIDHIING
Vipul Organics Ltd 530627
Vivid Global Industries Ltd 524576

Share Holding

Category No. of shares Percentage
Total Foreign 0 0.00
Total Institutions 1000 0.01
Total Govt Holding 0 0.00
Total Non Promoter Corporate Holding 0 0.00
Total Promoters 7212432 70.65
Total Public & others 2995268 29.34
Total 10208700 100
  • Total Foreign
  • Total Institutions
  • Total Govt Holding
  • Total Non Promoter Corporate Holding
  • Total Promoters
  • Total Public & others

About Camex Ltd

Camex Limited is engaged in the manufacturing and marketing of a range of textile and leather dyestuffs, intermediates, pigments and textile auxiliaries The Company organized into two business segments: Dyes & chemicals and Yarn & Fabric. CAMEX is the brand of the Company. The Company's products include Camective M Series, Camective H & P Series, Camezol Series, Camex HE Series, Camex Wonder Series, Camexil Series, Camex HD Series, Camex ME Series, Acid Dyestuffs, Direct Dyestuffs and Pigment Powders. Its business associates are Camex Industries, Camex Wellness Ltd., Camex Reality Pvt. Ltd., Camex Trade link Ltd. Camex Limited was incorporated in the year 1989 by Mr. C.P. Chopra in a very humble but with lot of fervor in the textile city of Ahmedabad, Gujarat state, India. With the dedicated support of his brother Mr. Devendra Chopra, he took the company to a blazing trail of success. During the fiscal year ended March 31, 2010, the Company produced 930.986 meters of dyes.

Camex Ltd Chairman Speech

Camex Ltd Company History

Camex Limited is engaged in the manufacturing and marketing of a range of textile and leather dyestuffs, intermediates, pigments and textile auxiliaries The Company organized into two business segments: Dyes & chemicals and Yarn & Fabric. CAMEX is the brand of the Company. The Company's products include Camective M Series, Camective H & P Series, Camezol Series, Camex HE Series, Camex Wonder Series, Camexil Series, Camex HD Series, Camex ME Series, Acid Dyestuffs, Direct Dyestuffs and Pigment Powders. Its business associates are Camex Industries, Camex Wellness Ltd., Camex Reality Pvt. Ltd., Camex Trade link Ltd. Camex Limited was incorporated in the year 1989 by Mr. C.P. Chopra in a very humble but with lot of fervor in the textile city of Ahmedabad, Gujarat state, India. With the dedicated support of his brother Mr. Devendra Chopra, he took the company to a blazing trail of success. During the fiscal year ended March 31, 2010, the Company produced 930.986 meters of dyes.

Camex Ltd Directors Reports

TO

THE MEMBERS,

Your Directors have pleasure in submitting their 30th Annual Report of the Company together with the Audited Statements of Accounts for the year ended 31st March, 2019.

1. FINANCIAL RESULTS:

The Company's financial performance for the year under review along with previous year's figures is given hereunder:

(Rs in Lakhs)

Standalone
Particulars 2018-19 2017-18
Revenue from Operations 14031.12 12255.67
Other Income 20.38 22.22
Profit/loss before Depreciation, Finance Costs, Exceptional items and Tax Expense 677.77 603.69
Less: Depreciation/ Amortisation/ Impairment 92.65 80.36
Profit /loss before Finance Costs, Exceptional itemsand Tax Expense 585.12 523.33
Less: Finance Costs 175.65 201.58
Profit /loss before Exceptional items and Tax Expense 409.47 321.75
Add/(less): Exceptional items 0 0
Profit /loss before Tax Expense 409.47 321.75
Less: Tax Expense
Current Tax 110.00 100.28
Deferred Tax -14.91 8.28
Profit /loss for the year (1) 314.38 213.19
Total Comprehensive Income/loss (2) 6.61 -
Total (1+2) 320.99 213.19
Balance of profit /loss for earlier years 1430.19 1216.99
Less: Transfer to Reserves - -
Less: Dividend paid on Equity Shares - -
Less: Dividend Distribution Tax - -
Balance carried forward 1751.17 1430.19

2. TRANSFER TO RESERVE:

The Board of Directors of your Company, has decided not to transfer any amount to the Reserves for the year under review.

3. DIVIDEND:

The Board of directors has decided to conserve reserve and therefore, did not recommend dividend for the financial year 2018-19.

4. REVIEW OF BUSINESS OPERATIONS AND FUTURE PROSPECTS:

Your Directors wish to present the details of Business operations done during the year under review: During the year 2018-19, the Company's turnover has increased to Rs. 14,051.50 Lakhs as compared to last years' sales of Rs. 12,277.89 Lakhs and profit of the current year also increased to Rs.314.38 Lakhs compared to profit of Rs.213.19 Lakhs for the previous financial year. Your directors are hopeful of getting better results in the current financial year, however depreciation in the rupee as compared to US$ may have some effect on the Company's business.

Your directors believe that rising consumer spending will drive increased demand for organic colorants in textiles and plastics, while strong growth in global construction activity will boost demand in paints and coatings. Increase in value demand will reflect the growing importance of expensive, higher value dyes and pigments that meet increasingly stringent performance standards and preferences for more environmentally friendly products. Despite the healthy growth, even faster advances will be limited by a moderation in global vehicle production and slow growth in printing inks due to the challenges faced by the print media industry.

5. THE CHANGE IN NATURE OF BUSINESS

Company has not made any change in nature of business during the year under review.

6. CAPITAL STRUCTURE:

During the year under review there was no change in the capital structure of the Company.

7. ANNUAL RETURN:

Pursuant to the provisions of Rule 12 of the Companies (Management and administration) Rules, 2014 the extract of Annual Return is attached to this Report as ANNEXURE-I and forms part of this report.

8. NUMBER OF BOARD MEETINGS CONDUCTED DURING THE YEAR UNDER REVIEW:

The Board met for four times during the financial year under review. For, details of the meetings of the Board, please refer to the corporate governance report, which forms part of this report. The maximum interval between any two meetings did not exceed 120 days, as prescribed in the Companies Act, 2013.

9. SUBSIDIARIES, JOINT VENTURES AND ASSOCIATE COMPANIES:

The Company has only one wholly own subsidiary name as "Camex HK Limited" at Hongkong. Pursuant to provisions of Section 129(3) of the Act, a statement containing salient features of the financial statements of the Company's subsidiary in Form AOC-1 is attached to this report as ANNEXURE-II and forms part of this report. The Company does not have any Joint Venture or Associate Company.

Name of Company ADDRESS Registration No.
Camex HK Limited RM A&B, 2/F Lee Kee Com Bldg, 221-227 59898212-000-06-50-8
Queen's RD Central Hong Kong.

10. DEPOSITS:

The Company has neither accepted nor renewed any deposits during the year under review.

11. DIRECTORS & KMP:

Mr. Jitendra Chopra, Whole-Time Director retires by rotation at the forthcoming Annual General Meeting and being eligible offers himself for reappointment.

Mr. Pritesh Jain (DIN: 07493469), an independent director, resigned from the Directorship of the Company w.e.f. 01.04.2018.

Mr. Arpit Shah (DIN: 08192969), an independent director, was appointed on 8th August, 2018 and he was regularized in the Annual General Meeting held on 26th September, 2018.

All the Independent Directors have given declaration to the Company stating their independence pursuant to Section 149(6) of the Companies Act, 2013 and there has been no change in the circumstances, which may affect their status as independent directors during the year.

12. DIRECTORS' RESPONSIBILITY STATEMENT

Pursuant to the provisions of Section 134(5) of the Companies Act, 2013, the Board of Directors, to the best of their knowledge and ability confirm 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;

ii. The Directors had 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 the year under review;

iii. The Directors had 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 had prepared the annual accounts on a ‘going concern' basis;

v. The Directors had laid down internal financial controls to be followed by the Company and that such internal financial controls are adequate and were operating effectively; and

vi. The Directors had devised proper systems to ensure compliance with the provisions of all applicable laws and that such systems were adequate and operating effectively.

13. COMPANY'S POLICY RELATING TO DIRECTORS APPOINTMENT, PAYMENT OF REMUNERATION AND DISCHARGE

OF THEIR DUTIES:

The Company's Policy relating to appointment of Directors, payment of Managerial remuneration, Directors' qualifications, positive attributes, independence of Directors and other related matters as provided under Section 178(3) of the Companies Act, 2013 is furnished in Annexure - III attached to this report.

14. COMPLIANCE WITH SECRETARIAL STANDARD:

The Company has devised proper systems to ensure compliance with the provisions of all applicable Secretarial Standards issued by the Institute of Company Secretaries of India and that such systems are adequate and operating effectively.

15. AUDITORS:

M/s. P M Nahata & Co., Chartered Accountant (Firm Registration No.127484W) has been appointed in the Annual General Meeting of Financial Year 2016-17 for a term of 5 consecutive years from the Annual General Meeting of Financial Year 2016-17 till the conclusion of the Annual General Meeting for the Financial Year 2021-22.

In the Board Meeting held on August 8, 2018 M/s. Ravi Kapoor & Associates, Practicing Company Secretaries was appointed as Secretarial Auditor of the Company for the financial year 2018-19.

16. SECRETARIAL AUDIT REPORT:

Pursuant to Section 204 of the Companies Act 2013, and in pursuant to Reg. 24A of Securities Exchange Board of India (Listing Obligations & Disclosure Requirements) (Amendments) Regulations, 2018 the Secretarial Audit Report for the Financial Year ended 31st March, 2019 given by Ravi Kapoor & Associates, Practicing Company Secretary is annexed to this Report as an "Annexure – IV".

17. COMMENTS ON AUDITORS' AND SECRETARIAL AUDIT REPORT:

(i) By the Auditor in his report;

The Auditors' Report does not contain any qualification, reservation, adverse remark or disclaimer. (ii) By the Secretarial Auditor in his report; The Secretarial Auditor has raised following qualifications in his Report:

1. Company has made delay in submission of Corporate Governance Report for the quarter ended on 31st December, 2018 with the stock exchange.

2. Company has made delay of 1 month and 8 days while filling of the intermittent vacancy of Independent Director during the year to that extent Company has not complied with the provisions of Rule 4 of the Companies (Appointment and Qualification of Directors) Rules, 2014 and provision of Regulation 25(6) of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirement) Regulations, 2015.

Reply of Directors with respect to above qualification raised by Secretarial Auditor:

With reference above qualification raised by Secretarial Auditor, your director submit following reply:

1. There was delay of two days and the same was occurred due to inadvertence and oversight however your Directors assured the future compliance in this matter is ensured.

2. Company was in process of filling the intermittent vacancy caused due to resignation of Mr. Pritesh Jain. Since the suitable person was approached by the Company with some delay. Your Directors assured the future compliance in this matter.

18. FRAUDS REPORTED BY AUDITORS:

During the Year under review, no frauds were reported by the Auditor (Statutory Auditor, Secretarial Auditor) to the Audit Committee/ Board.

19. CASHFLOW STATEMENT

Cash Flow Statement is the part of Balance Sheet.

20. DETAILS OF COMMITTEES

The details pertaining to composition of Audit Committee, Nomination and Remuneration Committee and Stakeholder Relationship Committee are included in the Corporate Governance Report, which forms part of this report.

21. VIGIL MECHANISM

The Vigil Mechanism of the Company, which also incorporates a whistle blower policy in terms of the Listing Regulations, includes an Ethics & Compliance Task Force comprising senior executives/Chairman of Audit Committee of the Company. Protected disclosures can be made by a whistle blower through an e-mail, or dedicated telephone line or a letter to the Task Force or to the Chairman of the Audit Committee. The vigil mechanism and whistle blower policy is available on the Company's website. The weblink for the same is http://www.camexltd.com.

22. CORPORATE SOCIAL RESPONSIBILITY (CSR)

Corporate Social Responsibility Provisions are applicable to every company having net worth of Rupees five hundred crores or more or turnover of Rupees one thousand crores or more or a net profit of Rupees five crores or more. As the said CSR Provisions are not applicable to Company, Company has not developed and implemented any Corporate Social Responsibility initiatives.

23. MAINTENANCE OF COST RECORDS AS SPECIFIED BY THE CENTRAL GOVERNMENT UNDER SUB SECTION (1) OF SECTION 148 OF COMPANIES ACT, 2013 AND STATUS OF THE SAME:

Company has made and maintained the cost records as prescribed by the Central Government under Section 148(1) of the Act. However, provisions regarding cost audit are not applicable to the Company.

24. CONSTITUTION OF INTERNAL COMPLAINTS COMMITTEE UNDER THE SEXUAL HARASSMENT OF WOMEN AT WORKPLACE (PREVENTION, PROHIBITION AND REDRESSAL) ACT, 2013:

As the Company is not having ten women employees employed during the year therefore the provisions regarding establishment of Internal Complaint Committee under the Sexual Harassment of Woman at Workplace (Prevention, Prohibition and Redressal) Act, 2013 is not applicable to the Company.

25. LOANS, GUARANTEES OR INVESTMENTS:

The Company has not made any investment and also not granted any loan and guarantee as prescribed, under the provisions of Section 186 of the Companies Act, 2013.

26. CONTRACTS OR ARRANGEMENTS MADE WITH RELATED PARTIES:

During the period under review Company has entered into transactions with related parties. The particulars of every contract or arrangements entered into by the Company with related parties referred to in subsection (1) of section 188 of the Companies Act, 2013 are disclosed in Form No. AOC 2. (Annexure-V) The Policy on materiality of related party transactions and on dealing with related party transactions as approved by the Board may be accessed on the Company's website at the link: http://www.camexltd.com There are no materially significant related party transactions that may have potential conflict with interest of the Company at large.

27. INTERNAL FINANCIAL CONTROLS:

The Companies Act, 2013 read with Rule 8(5)(viii) of Companies (Accounts) Rules, 2014 re-emphasizes the need for an effective Internal Financial Control system in the Company which should be adequate and shall operate effectively. The Company has devised proper system of internal financial control which is commensurate with size and nature of Business. The Board has appointed M/s. J. K. Brahmin & Co., Chartered Accountants as an Internal Auditor of the Company pursuant to provisions of Section 138 of the Companies Act, 2013 in order to ensure proper internal financial control

28. INSURANCE:

The properties and insurable assets and interests of the Company, like building, plant and machinery and stocks, among others, are adequately insured.

29. SIGNIFICANT AND MATERIAL ORDERS PASSED BY THE REGULATORS OR COURTS:

There were no significant material orders passed by the Regulators /Courts which would impact the going concern status of the Company and its future operations.

30. CONSERVATION OF ENERGY, TECHNOLOGY ABSORPTION, FOREIGN EXCHANGE EARNINGS 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 furnished in Annexure – VI and is attached to this report.

31. MATERIAL CHANGES AND COMMITMENT, IF ANY, AFFECTING THE FINANCIAL POSITION:

No material changes and commitments affecting the financial position of the Company occurred between the ends of the financial year to which this financial statement relate on the date of this report.

32. RISK MANAGEMENT POLICY OF THE COMPANY:

The Company has a structured risk management policy. The Risk management process is designed to safeguard the organization from various risks through adequate and timely actions. It is designed to anticipate, evaluate and mitigate risks in order to minimize its impact on the business. The potential risks are inventoried and integrated with the management process such that they receive the necessary consideration during decision making. It is dealt with in greater details in the management discussion and analysis section

33. PARTICULARS OF EMPLOYEES

The information required under section 197 of the Act read with rule 5(1) of the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014 are given below: a. The ratio of the remuneration of each director to the median remuneration of the employees of the Company for the financial year:

(Rs. In Lakhs)

Sr. No. Name of Director Remuneration in Lakhs Median Remuneration Ratio
1. Mr. Chandra Prakash Chopra 36.00 1.63 22.09
2. Mr. Mahaveerchand Chopra 12.00 1.63 7.36
3. Mr. Jitendra Chopra 24.00 1.63 14.72

b. The percentage increase in remuneration of each director, Chief Executive Officer, Chief Financial Officer, Company Secretary in the financial year: During the period under review, remuneration of directors and Company Secretary remain unchanged. And however remueration of Chief Financial Officer (CFO) is increased 30%.

c. The percentage decrease in the median of employees in the financial year: 2.47%

d. There are 154 Permanent employees on the rolls of the Company.

e. The explanation on the relationship between average increase in remuneration and Company performance:

The total turnover of the Company is Rs. 14051.50 Lakhs, which is increased by 1773.61 Lakhs from the previous year turnover of Rs. 12277.89 lakhs. Average increase in the remuneration of employees is in line with the current market dynamics and as a measure to motivate the employees for better future performance to achieve organization's growth expectations.

f. The Statement showing the remuneration drawn by the top ten employees for the Financial Year 2018-19: The Company does not have any employee who has received remuneration during the financial year, which in aggregate exceeds Rs. 1.02 Cr.

Further, Company does not have any employee who employed for the part of the year and was in receipt of remuneration for any part of that year exceeding Rs.8.50 Lakhs per month.

g. Further the remuneration is as per the remuneration policy of the Company.

34. ANNUAL PERFORMANCE EVALUATION:

The Company has devised a Policy for performance evaluation of the Board, Committees and other individual Directors (including Independent Directors) which includes criteria for performance evaluation of the Non-executive Directors and Executive Directors. The evaluation process inter alia considers attendance of Directors at Board and committee meetings, acquaintance with business, communicating inter-se board members, effective participation, domain knowledge, compliance with code of conduct, vision and strategy, benchmarks established by global peers, etc, which is in compliance with applicable laws, regulations and guidelines.

The Board carried out annual performance evaluation of the Board, Board Committees and Individual Directors and Chairman. The Chairman of the respective Board Committees shared the report on evaluation with the respective Committee members. The performance of each Committee was evaluated by the Board, based on report on evaluation received from respective Board Committees.

The reports on performance evaluation of the Individual Directors were reviewed by the Chairman of the Board.

In compliance with the provisions of the Companies Act, 2013 and SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015, the performance evaluation was carried out as under Board:

Board:

In accordance with the criteria suggested by The Nomination and Remuneration Committee, the Board of Directors evaluated the performance of the Board, having regard to various criteria such as Board composition, Board processes, Board dynamics etc. The Independent Directors, at their separate meetings, also evaluated the performance of the Board as a whole based on various criteria specified by Companies Act, 2013. The Board and the Independent Directors were of the unanimous view that performance of the Board of Directors as a whole was satisfactory.

Committees of the Board:

The performance of the Audit Committee, the Nomination and Remuneration Committee and the Stakeholders Relationship Committee was evaluated by the Board having regard to various criteria such as committee composition, committee processes, committee dynamics etc. The Board was of the unanimous view that all the committees were performing their functions satisfactorily and according to the mandate prescribed by the Board under the regulatory requirements including the provisions of the Act, the Rules framed there under and the SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015.

INDIVIDUAL DIRECTORS:

Independent Directors:

In accordance with the criteria suggested by The Nomination and Remuneration Committee, the performance of each independent director was evaluated by the entire Board of Directors (excluding the director being evaluated) on various parameters like engagement, leadership, analysis, decision making, communication, governance and interest of stakeholders. The Board was of the unanimous view that each independent director was a reputed professional and brought his/her rich experience to the deliberations of the Board. The Board also appreciated the contribution made by all the independent directors in guiding the management in achieving higher growth and concluded that continuance of each independent director on the Board will be in the interest of the Company.

Non-Independent Directors:

The performance of each of the non-independent directors (including the chair person) was evaluated by the Independent Directors at their separate meeting. Further, their performance was also evaluated by the Board of Directors. The various criteria considered for the purpose of evaluation included leadership, engagement, transparency, analysis, decision making, functional knowledge, governance and interest of stakeholders. The Independent Directors and the Board were of the unanimous view that each of the non-independent directors was providing good business leadership.

35. REPORTS ON MANAGEMENT DISCUSSION ANALYSIS AND CORPORATE GOVERNANCE:

As required under the SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015, management discussion and analysis and corporate governance report are annexed as Annexure - VII and Annexure - VIII respectively to this Report.

36. ACKNOWLEDGEMENTS

Your Directors place on record their sincere thanks to bankers, business associates, consultants, and various Government Authorities for their continued support extended to your Company's activities during the year under review. Your Directors also acknowledge gratefully the shareholders for their support and confidence reposed on your Company.

FOR AND ON BEHALF OF THE BOARD OF DIRECTORS
Chandraprakash Chopra
Date: 22nd May, 2019 Chairman & Managing Director
Place: Ahmedabad DIN:0375421

   

Camex Ltd Company Background

Chandraprakash Chopra
Incorporation Year1989
Registered OfficeCamex House Navrangpura,Stadium 2nd Flr Commerce Road
Ahmedabad,Gujarat-380009
Telephone91-79-26462123/26462261,Managing Director
Fax91-79-26462260
Company SecretaryKruti Shah
AuditorP M Nahata & Co.
Face Value10
Market Lot1
ListingBSE,
RegistrarLink Intime India Pvt Ltd
C-101 247 Park ,L B S Marg ,Vikhroli West ,Mumbai-400083

Camex Ltd Company Management

Director NameDirector DesignationYear
Chandraprakash Chopra Managing Director 2019
Mahavirchand Chopra Whole-time Director 2019
Jitendra Chopra Whole-time Director 2019
Sunil Tarachand Kothari Independent Director 2019
Indra Balveermal Singhvi Independent Director 2019
Pritesh Devendra Jain Independent Director 2019
Kruti Shah Company Secretary 2019
Arpit Shah Independent Director 2019

Camex Ltd Listing Information

Camex Ltd Finished Product

Product NameUnit Installed
Capacity
Production
Quantity
Sales
Quantity
Sales
Value
Dyes & Chemicals-Traded MT 00093.34068
Dyes MT 00045.91913
Other Operating Revenues NA 0001.05137
Wellness Trading Pcs0000
Fabric- Trading Mtr0000
Adjustment NA 0000
Coal & Minerals- Trading NA 0000
Pigments MT 0000
Steel Trading MT 0000
Yarn(Traded) MT 0000
Excise Duty NA 0000
Job Work NA 0000
Other NA 0000

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