ADVENTZ SECURITIES ENTERPRISES LIMITED

ANNUAL REPORT F.Y. – 2016-2017

ANNUAL REPORT AND ACCOUNTS 2016-2017

BOARD OF DIRECTORS Mr. Rewati Raman Goenka (Chairman) Mr. Akshay Poddar Mrs. Puja Poddar Mr. Gaurav Agarwala Mr. Piyush Khaitan Mr. Kunal Agarwala

MANAGER & CHIEF FINANCIAL OFFICER (CFO) Mr. Devendra Khemka

COMPANY SECRETARY Ms. Punam Singh

BANKERS HDFC Bank Limited Kotak Mahindra Bank

AUDITORS M/s. B. Chhawchharia & Co. Chartered Accountants 8A & 8B, Satyam Towers 3, Alipore Road Kolkata

REGISTERED OFFICE Hongkong House 31, B. B. D. Bagh (s) Kolkata – 700 001

REGISTRAR & SHARE M/s. Zuari Investments Limited TRANSFER AGENT Jai KisanBhawan

Zuarinagar, Goa-403 726

CIN L36993WB1995PLC069510

The Reserve Bank of India constantly issues new regulations and / or modifies existing regulationsendeavoring to balance the multiple objectives of financial stability, consumer and depositorprotection and regulatory arbitrage concerns. Newer regulatory updates pose a constant challengefor smooth operations of the Companies.

Although, many micro lenders are converting themselves to Private Sector Banks, which are alsoworking on the similar business model as the NBFCs do, thereby giving a very strong competitionsto the NBFC's, your Company is focused on its traditional operations. Your Company is stronglymanaged and we are hopeful of sustaining in the long-run.

Segment-Wise Performance

Your Company primarily operates in two activities Le. Financial Activity, comprising of investmentsin shares and securities and providing financial assistance, and Rental Activity. The performance ofboth the segments for the financial year under review is summarised below:

PARTICULARS AMOUNT (RS. IN LAKHS)Gross Revenue Generated

i. Investment Activity 245.00

ii. Rental Activity 56.78

Result (Profit before Tax)i. Investment Activity 244.33

ii. Rental Activity 45.51

Capital Employedi. Investment Activity 3630.33

ii. Rental Activity -22.37

Risk and Concern

The Company recognizes that Risk Management is an integral part of sound management practiceand good corporate governance, as it improves decision making and enhances outcomes andaccountability. The Management has thus, always been proactive in handling foreseeable risks.Moreover, the experience and knowledge of the industry has also helped your Company to handleunpredicted risks and challenges, faced due to changing economic situations and regulations. Inview of the inherent risk involved in the Investment business, it is the Management's intention tominimize the risk factor by constantly reviewing market trend and economic conditions.

Outlook

The NBFC segment is a catalyst to the economic development of the country. The RBI is constantlystriving to bring positive changes in the NBFC regulatory space to proactively provide regulatorysupport to the segment and also to ensure financial stability in the long run. We hope that the

11.08.2017