date: 20.10.2018 to,dhaval padiya & co, chartered accountants having frn: ... the special...

Date: 20.10.2018 To, The Manager, Department of Corporate Services (DCS‐Listing) BSE limited P.J. Towers, 1st Floor, Dalal Street, Mumbai‐400 001 Dear Sir,

Ref No: Company Code: BSE ‐538547 Sub: Annual Report‐ F.Y 2017‐18

With reference to the above subject and as per Regulation 34 of SEBI (LODR) Regulations, 2015 please find attached herewith Annual Report of financial year 2017-18 Kindly replace the same on your record. Thanking You Yours faithfully For, Oasis Tradelink Limited

SNEHAL B. PATEL Whole-Time Director DIN: 01655758

NOTICE is hereby given that the 22nd ANNUAL GENERAL MEETING of the members of OASIS TRADELINK LIMITED (“the Company”) will be held as scheduled below: Date : 29th day of September, 2018 Day : Saturday Time : 02:00 P.M. Place : At registered office of the Company situated at

1ST FLOOR, "MARUTI HOUSE", OPP. SALES INDIA, OFF ASHRAM ROAD, AHMEDABAD 380009 To transact the following business:

1. To Receive, Consider and Adopt Audited Financial Statement of the Company for the financial year ended on March 31st, 2018 together with Report of Board of Directors and Auditors’ Report thereon.

2. To Appoint a Director in place of Mr. Snehal Bharatbhai Patel (DIN: 01655758), who retires by rotation in terms of Section 152(6) of the Companies Act, 2013 and, being eligible, offers himself for re-appointment.

3. To Appoint M/s. PARTH SHAH AND ASSOCIATES., Chartered Accountant, Ahmedabad (FRN: 144251W) as statutory auditor and fix their remuneration in consultation with the Board and in this regard to pass the following resolution as an Ordinary Resolution:

“RESOLVED THAT pursuant to the provisions of Section 139 and all other applicable provisions, if any, of the Companies Act, 2013 and the rules made there under M/s. Parth Shah and Associates Chartered Accounts (FRN: 144251W) who has been appointed by Board as Statutory Auditors in Board Meeting dated 04th September, 2018 be and is hereby appointed as Statutory Auditors of the company in place of erstwhile auditors M/s. Dhaval Padiya & Co, Chartered Accountants having FRN: 140653W, for Five years till the 27th AGM to be held in 2023 at remuneration plus GST & other expenses if any, as may be mutually agreed between the Board of Directors of the Company and the Statutory Auditors.” RESOLVED FURTHER THAT the Board of Directors of the Company be and is hereby authorized for and on behalf of the Company to take all necessary steps and to do all such acts, deeds, matters and things which may deem necessary in this behalf.”

4. To Appoint Mr. Rajasekharan Krishnan Nair (DIN: 08189673) as an Independent Director of the Company.

To consider and, if thought fit, to give your assent/dissent to pass the following resolution as an Ordinary Resolution:-

“RESOLVED THAT pursuant to the provisions of Sections 149, 152 and other applicable provisions, if any, of the Companies Act, 2013 read with Rules made there under and Schedule IV to the said Act, Mr. Mr. Rajasekharan Krishnan Nair (DIN: 08189673) who was appointed as an Additional Director of the Company under the category of Independent director w.e.f. 30th July, 2018 and who holds office up to the date of this Annual General Meeting and in respect of whom the Company has received a notice in writing under section 160 of the Companies Act, 2013 to propose him as a candidate for the

ORDINARY BUSINESS:

SPECIAL BUSINESS:

http://www.mca.gov.in/mcafoportal/companyLLPMasterData.do

office of the Director of the Company, be and is hereby appointed as an Independent Director of the Company not liable to retire by rotation for a period of five (5) consecutive years

RESOLVED FURTHER THAT the Board of Directors of the Company be and are hereby authorised to sign the form DIR-12 and make arrangement to file the same with Registrar of Companies and intimate to Stock Exchange(s) and to take such other steps as may be necessary in this regard.”

Date: 04/09/2018 By Order of the Board of Directors Place: Ahmedabad SD/- SNEHAL B. PATEL WHOLE-TIME DIRECTOR Registered Office: 1st Floor, "MARUTI HOUSE", Opp. Sales India, Off Ashram Road, Ahmedabad – 380009, Gujarat NOTES:

1. A MEMBER ENTITLED TO ATTEND AND VOTE AT THE MEETING IS ENTITLED TO APPOINT PROXY OR PROXIES TO ATTEND AND, TO VOTE INSTEAD OF HIMSELF AND SUCH PROXY NEED NOT BE A MEMBER OF THE COMPANY. A PERSON CAN ACT AS PROXY ON BEHALF OF MEMBERS NOT EXCEEDING 50 (FIFTY) AND HOLDING IN THE AGGREGATE NOT MORE THAN 10% OF THE TOTAL SHARE CAPITAL OF THE COMPANY CARRYING VOTING RIGHTS. A MEMBER HOLDING MORE THAN 10% OF THE TOTAL SHARE CAPITAL OF THE COMPANY CARRYING VOTING RIGHTS MAY APPOINT A SINGLE PERSON AS PROXY AND SUCH PERSON SHALL NOT ACT AS A PROXY FOR ANY OTHER SHAREHOLDER. The instrument of Proxy in order to be effective, must be deposited at the Registered Office of the Company, duly completed and signed, not less than 48 hours before the commencement of the meeting. A Proxy form is sent herewith. Proxy form submitted on behalf of the Companies, Societies, etc. must be supported by an appropriate resolution / authority, as applicable.

2. Corporate members intending to send their authorised representatives to attend the Meeting are requested to send to the Company, a certified copy of Board Resolution/ Authorisation document authorising their representative to attend and vote on their behalf at the AGM.

3. The Statement pursuant to section 102(1) of the Companies act, 2013, which sets out details relating to the special business to be transacted at the Meeting, is annexed hereto.

4. The Register of Members and Share Transfer Books will remain closed from 22ND September, 2018 to 29th September, 2018 (both days inclusive) for the purpose of Annual General Meeting (AGM).

5. The Securities and Exchange Board of India (SEBI) has mandated the submission of Permanent Account Number (PAN) by every participant in securities market. Members holding shares in electronic form are, therefore, requested to submit the PAN to their DPs with whom they are maintaining their demat accounts and members holding shares in physical form to the Company / RTA.

6. Members seeking any information with regard to accounts are requested to write to the Company at least

10 days before the meeting so as to enable the management to keep the information ready.

7. The Shareholders holding Shares in Physical form are advised to seek their shareholding changed to dematerialized form since in terms of SEBI and Stock Exchange guidelines no physical shares can be traded in the Stock Exchanges.

8. This is to bring to the notice of the Shareholders that the request for effecting transfer of securities held in Physical form (except in case of transmission or transposition) would not be entertained and shall not be processed by the Company/ RTA of the Company w.e.f. 5th December, 2018 pursuant to SEBI Notification No. SEBI/LAD-NRO/GN/2018/24 dated 8th June, 2018. Hence Shareholders are advised to get their physical shares transferred / dematerialized.

9. Pursuant to Section 72 of the Companies Act, 2013, members holding shares in physical form may file

nomination in the prescribed Form SH-13 and for cancellation / variation in nomination in the prescribed Form SH-14 with the Company’s RTA. In respect of shares held in electronic / demat form, the nomination form may be filed with the respective Depository Participant.

10. In case of joint holders attending the Meeting, only such joint holder who is higher in the order of names

will be entitled to vote.

11. The members are requested to intimate to the Company, queries, if any, at least 10 days before the date of the meeting to enable the management to keep the required information available at the meeting.

12. Members are requested to notify immediately any change in their addresses and/or the Bank Mandate details to the Company’s Registrars and Share Transfer Agents, SKYLINE FINANCIAL SERVICES PVT. LTD for shares held in physical form and to their respective Depository Participants (DP) for shares held in electronic form.

13. The Ministry of Corporate Affairs (vide circular nos. 17/2011 and 18/2011 dated April 21, 2011 and April

29, 2011 respectively) has undertaken a “Green Initiative in Corporate Governance” and allowed companies to share documents with its shareholders through an electronic mode. A Stock Exchanges permits companies to send soft copies of the Annual Report to all those shareholders who have registered their email address for the said purpose. Members are requested to support this Green Initiative by registering / updating their email address for receiving electronic communication. The Notice of AGM will also be available on the Company’s website www.oasistradelink.in

14. All the Documents referred to in the notice are open for inspection at the registered office of the

Company between 11 A.M. to 5.00 P.M on any working day prior to the day of meeting and will also be available at the meeting venue on the date of meeting.

15. In compliance with Section 108 of the Companies Act, 2013, Rule 20 of the Companies (Management and

Administration) Rules, 2014, as substituted by the Companies (Management and Administration) Amendment, Rules 2015, and Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Company has provided a facility to the members to exercise their votes electronically through the electronic voting service facility arranged by Central Depository Services (India) Limited (“remote e-voting”). The facility for voting through ballot paper will also be made available at the AGM and members attending the AGM, who have not already cast their votes by remote e-voting shall be able to exercise their right at the AGM through ballot paper. Members who have cast their votes by remote e-voting prior to the AGM may attend the AGM but shall not be entitled to cast their votes again.

16. The members who have cast their vote by remote e-voting may also attend the Meeting but shall not entitle to cast their vote again.

http://www.oasistradelink.in/

17. The Board of Director of the company has appointed Manohar Chunara, Company Secretaries (Membership No: 26983, COP No: 10093) as the scrutinizer to scrutinize the e voting process in a fair and transparent manner.

18. The remote e-voting will commence on 26th September, 2018 at 09.00 a.m. and ends on 28th September,

2018 at 5.00 p.m. During this period shareholders’ of the Company, holding shares either in physical form or in dematerialized form, as on the cut-off date 22nd September, 2018, may cast their vote electronically. The members will not be able to cast their vote electronically beyond the date and time mentioned above and the remote e-voting module shall be disabled for voting by CDSL thereafter. The e-voting module shall be disabled by CDSL for voting thereafter.

19. The procedure and instructions for remote e-voting are, as follows:

Step 1: Open your web browser during the voting period and log on to the e- voting. Website: www.evotingindia.com Step 2 : Click on- “Shareholders Login”. Step 3 : Now, Fill up the details (Login ID and password) on appropriate boxes i.e.

User-ID For CDSL : 16 digits beneficiary ID For physical shares holders : Folio number registered with the company. Step 4: Next, enter the Image Verification as displayed and Click on Login. If you are holding shares in demat form and had logged on to www.evotingindia.com and voted on an earlier voting of any company, then your existing password is to be used but if you are a first time user then follow the steps given below:

For members holding shares in demat form and physical form: PAN Enter your 10 digit alpha-numeric PAN issued by Income Tax Department.

Members who have not updated their PAN with the Company/Depository Participant are requested to use the first two letters of their name and the 8 digits of the sequence number in the PAN field. In case the sequence number is less than 8 digits enter the applicable number of 0’s before the number after the first two characters of the name in CAPITAL letters. Eg. If your name is Ramesh Kumar with sequence number 1 then enter RA00000001 in the PAN field.

DOB# Enter the Date of Birth as recorded in dd/mm/yyyy format. Dividend Bank Details* Enter the Dividend Bank Details as recorded in your demat account or the

Company records for the said folio. If the details are not recorded with the Depository or Company, please enter the number of Shares held by you in the bank account column.

Please enter the #DOB or *dividend bank details in order to login. Step 6: After entering these details appropriately, click on “SUBMIT” tab. Step 7: Members holding shares in physical form will then directly reach the Company selection screen.

http://www.evotingindia.com/

However, first time user holding shares in demat form will now reach ‘Password Creation’ menu where in they are required to mandatorily enter their login password in the new password field. Kindly note that this password can also be used by the Demat holders for voting for resolution of any other Company on which they are eligible to vote, provided that the Company opts for e-Voting through CDSL platform. It is strongly recommended not to share your password with any other person and take utmost care to keep your password confidential. (If Demat account holder has forgotten the changed password then enter the user ID and the image verification code and click on Forgot Password and enter the details as prompted by the system.) Step 8: For members holding shares in physical form, the details can be used only for remote e-voting. Step 9: Click on the EVSN for the relevant <Company Name> on which you choose to vote. Step 10: On the voting page, you will see Resolution Description and against the same, the option “YES/NO” for voting. Select the relevant option as desired YES or NO and click to submit. Step 11: Click on the resolution file link if you wish to view the entire Notice. Step 12: After selecting the resolution, you have decided to vote on, click on “SUBMIT”. A confirmation box will be displayed. If you wish to confirm your vote, click on “OK”, else to change your vote, click on “CANCEL” and accordingly modify your vote. Once you “CONFIRM” your vote on the resolution, you will not be allowed to modify your vote. Step 13: You can also take out print of the voting done by you by clicking on “Click here to print” option on the Voting page. Step 14: Note for Non Individual Share Holders and Custodian Non-Individual shareholders (i.e. other than Individuals, HUF, NRI etc.) and Custodian are required to log on to www.evotingindia.com and register themselves as Corporates. • A scanned copy of the Registration Form bearing the stamp and sign of the entity should be emailed to [email protected] • After receiving the login details a compliance user should be created using the admin login and password. The Compliance user would be able to link the account(s) for which they wish to vote on. • The list of accounts should be mailed to [email protected] and on approval of the accounts they would be able to cast their vote. • A scanned copy of the Board Resolution and Power of Attorney (POA) which they have issued in favour of the Custodian, if any, should be uploaded in PDF format in the system for the scrutinizer to verify the same.

mailto:[email protected]

In case you have any queries or issues regarding e-voting, you may refer the Frequently Asked Questions (“FAQs”) and e-voting manual available at www.evotingindia.com under help section or write an email to [email protected]

20. The result declared along with the Scrutinizer Report Shall be placed on the Company website www.oasistradelink.in and on the website of CDSL ie www.cdslindia.com within three days after the conclusion of the Annual General meeting of the company and shall also be communicated to Stock Exchanges where the shares of the company are listed. ( i.e BSE Limited)

21. BRIEF PROFILE OF THE DIRECTOR/S SEEKING APPOINTMENT / REAPPOINTMENT AT ANNUAL GENERAL MEETING Details under Regulation 36(3) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and Secretarial Standard 2 issued by The Institute of Company Secretaries of India in respect of Directors seeking re-appointment/appointment/ confirmation at the ensuing Annual General Meeting item no. 2 and 4 are as follows. Particular Mr. Snehal B. Patel Mr. Rajasekharan

Krishnan Nair Date of Birth 03/07/1969 21/04/1952 Date of Appointment 12/03/2009 30/07/2018 Qualification Bachelor of Engineering

(Industrial and Production Engineering)

Graduated

Relationships between directors inter se NO NO Directorship held in other companies NIL NIL Membership/Chairmanships of Committee in other Public Companies

NIL NIL

http://www.evotingindia.com/



http://www.cdslindia.com/

EXPLANATORY STATEMENT PURSUANT TO SECTION 102 OF THE COMPANIES ACT, 2013

ITEM NO - 4:

Mr. Rajasekharan Krishnan Nair (DIN: 08189673) was appointed as an additional director under the category of Independent Director of the Company w.e.f 30.07.2018. Under section 161 of the Companies Act, 2013, Mr. Rajasekharan Krishnan Nair holds his office up to the date of ensuing Annual General Meeting. Due notice under section 160 of the Act has been received to propose him as a candidate for the office of Director of the Company.

The Board is also of the opinion that based on the declarations submitted by Mr. Rajasekharan Krishnan Nair, he fulfills the criteria relating to his independence as specified in Section 149(6) of the Companies Act, 2013 and Regulation 16 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015. Mr. Rajasekharan Krishnan Nair does not hold any equity share of the Company. The period of office of Mr. Rajasekharan Krishnan Nair shall not be liable to determination by retirement of Directors by rotation, in terms of Section 149 (13) of the Companies Act, 2013 and the relevant rules made there under.

Brief profile Mr. Rajasekharan Krishnan Nair in terms of Regulation 36 (3) of the Listing Regulations is forming part of this notice. Mr. Rajasekharan Krishnan Nair is not disqualified from being appointed as a Director in terms of Section 164 of the Companies Act, 2013. The Board recommends passing of the resolution as set out in Item No. 4 of this Notice. None of the Director of the Company except Mr. Rajasekharan Krishnan Nair is concerned or interested in this resolution.

Date: 04/09/2018 By Order of the Board of Directors Place: Ahmedabad SD/- SNEHAL B. PATEL WHOLE-TIME DIRECTOR Registered Office: 1st Floor, "MARUTI HOUSE", Opp. Sales India, Off Ashram Road, Ahmedabad – 380009, Gujarat

DIRECTORS’ REPORT

To, The Members, Oasis Tradelink Limited

Your Directors present the Annual Report of your Company together with the Audited Financial Statement for the financial year ended, 31st March, 2018.

1. FINANCIAL HIGHLIGHTS

2. OPERATION & REVIEW To receive, consider and adopt the audited Balance Sheet as at 31st March, 2018 and Statement of Profit & Loss together with Notes forming part thereto (“Financial Statement”) for the year ended on 31st March, 2018 and Report of the Board of Directors and Auditors thereon. Total Revenue from operation of the company is Rs. 5,14,37,16,250/- And the net Profit after tax is Rs. 1,86,445 For the Financial year 2017-18.

3. DIVIDEND The Board of Director has not recommended any Dividend for the Year .

4. TRANSFER OF UNCLAIMED DIVIDEND TO INVESTOR EDUCATION AND PROTECTION FUND Since there was no unpaid/unclaimed dividend, the provisions of Section 125 of the Companies Act, 2013 do not apply.

Particular 2017-18 2016-17 Income for the year was 5,14,37,16,250 3,42,93,87,156 Profit before Financial Charges, Depreciation and Taxation

3,90,14,107 5,29,19,402

Out of which Provisions have been made for :-

Financial Charges 3,55,97,086 2,32,72,981 Depreciation 32,86,070 39,15,275 Provision for Taxation:

i. Current Income Tax ii. Deferred Tax

40,000 (95,494)

35,00,000

(95,494) Profit after Income Tax 1,86,445 2,23,26,640

5. TRANSFER TO RESERVES During the year under review, the Company has not transferred any amount to General Reserves account.

6. CHANGE IN THE NATURE OF THE BUSINESS During the year, there is no change in the nature of the business of the Company

7. DIRECTORS AND KEY MANAGERIAL PERSONNEL

a) Retirement By Rotation In accordance with the provisions of the Companies Act, 2013 Mr. Snehal B Patel, Director of the company who is liable to retire by rotation, being eligible for reappointment, offers himself for reappointment. Appropriate resolutions for the re-appointment are being placed for your approval at the ensuing AGM.

b) Resignation of Director During the year under review Mr. Shankar Prasad Bhagat has resigned from the post of independent director w.e.f 29.03.2018

8. NUMBER OF BOARD MEETINGS Ten meetings of the Board were held during the year under review. The details of which are given in the Corporate Governance Report.

9. BOARD EVALUATION Pursuant to the provisions of the Companies Act, 2013 and SEBI (LODR) Regulation, 2015, the Board has carried out an annual performance evaluation of its own performance, the directors individually as well as the evaluation of the working of its Various Committees.

10. DIRECTORS’ RESPONSIBILITY STATEMENT

Pursuant to the requirement under Section 134(5) of the Companies Act, 2013, with respect to Directors’ Responsibility Statement, it is hereby confirmed that:

(a) In the preparation of the annual accounts, the applicable accounting standards have been followed along with explanation relating to material departures;

(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 the company at the end of the financial year and of the profit/loss of the company for that period;

(c) 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;

(d) The directors have prepared the annual accounts on a going concern basis; and

(e) The directors have laid down internal financial controls to be followed by the company and that such internal financial controls are adequate and were operating effectively.

(f) The directors have devised proper systems to ensure compliance with the provisions of all applicable laws and that such systems were adequate and operating effectively.

11. ADEQUACY OF INTERNAL FINANCIAL CONTROLS The Company has in place adequate internal financial Controls with reference to Financial Statements. The Board has inter alia reviewed the adequacy and effectiveness of the Company’s internal financial controls relating to its financial statements. During the year, such Controls were tested and no reportable material weakness was observed

12. DEPOSITS Your Company has neither invited nor accepted any fixed deposit from the public during the year.

13. PARTICULARS OF LOANS, GUARANTEES OR INVESTMENTS MADE UNDER SECTION 186 OF THE COMPANIES ACT, 2013 During the year, the Company has not given any loan, guarantee or provided security in connection with the loan to any other body corporate or person or made any investments hence no particulars of the loans, guarantees or investments falling under the provisions of Section 186 of the Companies Act, 2013 are provided by the Board.

14. EXTRACT OF ANNUAL RETURN The extract of Annual Return as per section 92 of the Companies Act, 2013 read with Rule 12 of the Companies (Management and administration) Rules, 2014 in Form MGT-9 is annexed herewith to this report as “Annexture – A”

15. DETAILS OF POLICY DEVELOPED AND IMPLEMENTED BY THE COMPANY ON ITS CORPORATE SOCIAL RESPONSIBILITY INITIATIVES The Company has not developed and implemented any Corporate Social Responsibility initiatives as the said provisions are not applicable.

16. SIGNIFICANT AND MATERIAL ORDER PASSED BY REGULATORS OR COURTS OR TRIBUNALS IMPACTING THE GOING CONCERN STATUS AND COMPANY’S OPERATIONS IN FUTURE During the year there is No other significant and material order was passed by regulators or courts or tribunals impacting the going concern status and company’s operations in future.

17. 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 FINANCIAL STATEMENTS RELATE AND THE DATE OF THE REPORT No material changes and commitments affecting the financial position of the Company have occurred between the end of the financial year to which this financial statements relate and the date of this report.

18. CONSERVATION OF ENERGY, TECHNOLOGY ABSORPTION AND FOREIGN EXCHANGE EARNINGS AND OUTGO The particulars as required under the provisions of Section 134(m) of the Companies Act, 2013 in respect of conservation of energy and technology absorption have not been furnished considering the nature of activities undertaken by the company during the year under review. Further during the year under review, the Company has neither earned nor used any foreign exchange.

19. AUDITORS: • STATUTORY AUDITORS

The Board of Director has Appointed M/s PARTH SHAH AND ASSOCIATES Chartered Accountant, Ahmedabad (FRN: 144251W) as a Statutory Auditor of the company in their meeting held on 4th September 2018 in Place of erstwhile Auditor M/s Dhaval Padiya & Co. having FRN : 140653W and the Auditor Shall hold the Office upto the Conclusion of Annual General Meeting. Therefore Board of Director of our Company Pursuant to Provision of Section 139 of Companies Act 2013 Proposed to Appoint M/s. PARTH SHAH AND ASSOCIATES Chartered Accountant, Ahmedabad (FRN: 144251W) as a Statutory Auditor of

the Company for the Period of Five Years till the 27th AGM to be held in 2023 with no further need for ratification at every Annual General Meeting to be held during the said period. The Company has received a confirmation from the said Auditors that they are not disqualified to act as the Auditors and are eligible to hold the office as Auditors of the Company.

• COST AUDITORS

The Company has not appointed the Cost Auditor as pursuant to Section 148 of the Companies Act, 2013 read with the Companies (Cost Records and Audit) Amendment Rules, 2014, the cost audit is not applicable to the Company.

• SECRETARIAL AUDITORS In terms of Section 204 of the Act and Rules made there under, Mr. Manohar Chunara, Practicing Company Secretary have been appointed as Secretarial Auditor of the Company. The report of the Secretarial Auditor is enclosed to this report as “Annexure – D”. The report is self-explanatory. With reference to the remarks and observation of the secretarial Auditor, the following explanations have been submitted by the board of directors of the company. Our Company took all reasonable steps to do such appointments, but as our Company is not doing well in its present line of business activity, it failed to attract right candidates for such post. The Board of our Company continues its efforts to search right candidate for the post of Company Secretary will appoint the Company Secretary as soon as possible.

20. AUDIT COMMITTEE/ NOMINATION AND REMUNERATION COMMITTEE/ STAKEHOLDERS’ RELATIONSHIP COMMITTEE The details of various committees and their functions are part of Corporate Governance Report and it enclosed herewith to this report As Annexure - C.

21. ACKNOWLEDGEMENTS Your Directors place on record their gratitude for the continuing support of Shareholders, bankers and Business associates at all levels.

By Order of the Board of Directors

Sd/- Date: 04/09/2017 Snehal B. Patel Place: Ahmedabad Whole-Time Director

Annexure - A Form No.MGT-9

EXTRACT OF ANNUAL RETURN AS ON THE FINANCIAL YEAR END ON 31/03/2018

[Pursuant to section92 (3) of the Companies Act, 2013 andrule12 (1) of the Companies (Management and Administration)Rules, 2014]

I. REGISTRATIONANDOTHERDETAILS:

i. CIN

L51909GJ1996PLC031163

ii. Registration Date 20/11/1996 iii. Name of the Company OASIS TRADELINK LIMITED iv. Category/Sub-Category of the Company

Company limited by Shares/ Indian Non-govt company

v. Address of the Registered office and Contact details

1ST FLOOR, "MARUTI HOUSE", OPP. SALES INDIA, OFF ASHRAM ROAD, AHMEDABAD-380009, GUJARAT

vi. Whether listed company listed vii. Name, Address and Contact details of

Registrar and Transfer Agent, if any

Skyline Financial Service Private Limited D-3a, First Floor Okhla Industrial Area, Phase-I New Delhi-110020

II. PRINCIPAL BUSINESS ACTIVITIES OF THE COMPANY

All the business activities contributing 10% or more of the total turnover of the company shall be stated:-

Sr. No

Name and Description of main

products/ services

NIC Code of

the Product/

% to total turnover of the

company

1 Trading and Marketing Edible Oil 1040 100%

III. PARTICULARS OF HOLDING, SUBSIDIARY AND ASSOCIATE COMPANIES : NIL

Sr. No.

Name And Address Of The Company

CIN/GLN Holding/ Subsidiary /Associate

%of shares held

Applicable Section

1. NIL

IV. SHARE HOLDING PATTERN (Equity Share Capital Breakup as percentage of Total Equity)

i. Category-wise Share Holding Category of Shareholders

No. of Shares held at the beginning of the year (As on 31st March, 2017)

No. of Shares held at the end of the year (As on 31st March, 2018)

% Change during theyear

Demat Physical

Total % of Total Shares

Demat Physical Total % of Total Shares

A. Promoter 1) Indian a) Individual/ HUF

26,59,664 - 26,59,664 24.46% 17,48,002 - 17,48,002 16.07%

-8.39

b) Central Govt

- - - - - - - - 0

c) State Govt(s)

- - - - - - - - 0

d) Bodies Corp

21,90,831 - 21,90,831 20.15% 21,70,000 - 21,70,000 19.95%

-0.20%

e) Banks / FI - - - - - - - - 0 f) Any Other - - - - - - - - 0 Sub-

total(A)(1):-

48,50,495

-

48,50,495

44.6%

39,18,002

-

39,18,002

36.03%

-8.57%

2) Foreign g) NRIs-Individuals

- - - - - - - - 0

h) Other-Individuals

- - - - - - - - 0

i) Bodies Corp. - - - - - - - - 0 j) Banks / FI - - - - - - - - 0 k) Any Other….

- - - - - - - - 0

Sub-total(A)(2):-

- - - - - - - - 0

TOTAL A 48,50,495

-

48,50,495

44.6%

39,18,002

-

39,18,002

36.03%

-8.57%

B. Public Shareholding

1. Institutions a) Mutual

Funds - - - 0% - - - 0% 0

b) Banks / FI - - - 0% - - - 0% 0 c) Central

Govt - - - 0% - - - 0% 0

d) State Govt(s)

- - - 0% - - - 0% 0

e) Venture Capital Funds

- - - 0% - - - 0% 0

f) Insurance - - - 0% - - - 0% 0

Companies

g) FIIs - - - 0% - - - 0% 0 h) Foreign

Venture Capital Funds

- - - 0% - - - 0% 0

i) Others (specify)

- - - 0% - - - 0% 0

Sub-total(B)(1)

- - - 0% - - - 0% 0

2. Non Institutions

- - - 0% 0

a) Bodies Corp.

(i) Indian (ii) Overseas

15,64,053

-

15,64,053

14.38%

25,02,071

-

25,02,071

23.01%

8.63%

b) Individuals

(i) Individual shareholders holding nominal share capital up to Rs. 1 lakh (ii) Individual shareholders holding nominal share capital in excess of Rs 1 lakh

5,25,028 21,92,213

10,237 14,667

5,35,265 22,06,880

4.92% 20.29%

5,15,910 21,58,104

13,904 -

5,29,814 21,58,104

4.87% 19.85%

-0.05% -0.44%

Others(Specify)

16,76,276 41,667 17,17,943

15.80% 17,24,978 41,667 17,66,645 16.24% 0.44%

Sub-total(B)(2)

59,57,570 66,571 60,24,141

55.40% 69,01,063 55,571 69,56,634 63.97% 8.57%

TotalPublic Shareholding (B)=(B)(1)+ (B)(2)

59,57,570 66,571 60,24,141

55.40% 69,01,063 55,571 69,56,634 63.97% 8.57%

C. Shares held by Custodian for GDRs & ADRs

- - - 0% - - - 0% 0

Grand Total (A+B+C)

10808065 66571 1,08,74,636 100% 10819065 55571 1,08,74,636 100% 0

i. Shareholding of Promoters

Sr. No

Shareholder’s Name

Shareholding at the beginning of the year

(As on 31st March, 2017)

Shareholding at the end of the year


No. of Shares

% of total Shares of

the company

%of Shares Pledged/ encumbered to total

No. of Shares

% of total Shares of

the company

%of Shares Pledged/ encumbered to total shares

% change in share holding during the year

1. Snehal Bharatbhai Patel

5,87,241 5.40% - 2,44,480 2.25% - -3.15%

2. Bhikhubhai Atmaram Patel

4,63,654 4.26% - 2,41,000 2.22% - -2.04%

3. Naishadh

Bikhubhai Patel 3,91,814 3.60% - 3,91,814 3.60% - 0%

4. Mrudula

Bhikhubhai Patel 3,31,407 3.05% - 3,31,407 3.05% - 0%

5. Rupangi Snehal

Patel 3,17,567 2.92% - 3,17,567 2.92% - 0%

6. Minti Naishadh

Patel 2,60,807 2.40% -

2,60,807 2.40% - 0%

7. Atmaram

Narshidas Patel

1,60,000 1.47% - 1,50,000 1.38% - -0.09%

8. Snehal B Patel

Huf 93,334 0.86% - 93,334 0.86% - 0%

9. Bhikhubhai

Atmaram Patel

53,840 0.50% - 49000 0.45% - -0.05%

10. Mrubhee Stock

Holdings Pvt.Ltd. 7,07,360 6.50% - 7,05,000 6.48% - -0.02%

11. Hygenic Palm Oil

Pvt. Ltd. 6,10,097 5.61% - 6,00,097 5.52% - -0.09%

12. Snehbhar Stock Holding Pvt. Ltd.

5,95,000 5.47% - 5,95,000 5.47% - 0%

13. Maruti Nutritious Food Pvt.Ltd.

2,78,374 2.56% - 2,70,000 2.48% - -0.08%

Total 48,50,495 44.60% - 39,18,002

36.03% - -8.57%

ii. Change in Promoters’ Share holding (please specify, if there is no change)

SN

PARTICULARS SHAREHOLDING AT THE BEGINNING OF THE YEAR

Increase/ Decrease in share holding

CUMULATIVE SHAREHOLDING DURING

THE YEAR

NO. OF SHARES

% OF TOTAL SHARES

NO OF SHARES

NO OF SHARES

% OF TOTAL SHARES

1 SNEHAL BHARATBHAI PATEL

At the Beginning of the year 587241 5.40% - 587241 5.40% Sale as on 31.08.2017 -258879 328362 3.02% Purchase as on 01.09.2017 258879 587241 5.40% Sale as on 30.11.2017 -258879 328362 3.02% Purchase as on 01.12.2017 258879 587241 5.40% Sale as on 15.12.2017 -12000 575241 5.29% Sale as on 22.12.2017 -2399 572842 5.27% Sale as on 19.01.2018 -300000 272842 2.51% Sale as on 26.01.2018 -28362 244480 2.25% At the end of the year 244480 2.25% 2 Bhikhubhai Atmaram Patel At the Beginning of the year 4,63,654 4.26% - 4,63,654 4.26% Sale as on 01.12.2017 -133160 330494 3.04% Sale as on 08.12.2017 -42298 288196 2.65% Sale as on 15.12.2017 -47196 241000 2.22% At the end of the year 241000 4.26% 3 Naishadh Bikhubhai Patel At the Beginning of the year 2,93,860 3.60% - 2,93,860 3.60% There is no Change in Shareholding During the Year At the end of the year 3,91,814 3.60% 4 Mrudula Bhikhubhai Patel At the Beginning of the year 3,31,407 3.05% - 3,31,407 3.05% There is no Change in Shareholding During the Year At the end of the year 3,31,407 3.05% 5 Rupangi Snehal Patel At the Beginning of the year 3,17,567 2.92% - 3,17,567 2.92% There is no Change in Shareholding During the Year At the end of the year 3,17,567 2.92% 6 Minti Naishadh Patel At the Beginning of the year 2,60,807 2.40% - 2,60,807 2.40% There is no Change in Shareholding During the Year At the end of the year 2,60,807 2.40% 7 Atmaram Narshidas Patel

Huf

At the Beginning of the year 1,60,000 1.47% - 1,60,000 1.47% Sale as on 01.12.2017 10000 150000 1.38% At the end of the year 1,50,000 1.38% 8 Snehal B Patel Huf At the Beginning of the year 93,334 0.86% - 93,334 0.86% There is no Change in Shareholding During the Year At the end of the year 93,334 0.86% 9 Bhikhubhai Atmaram Patel

Huf

At the Beginning of the year 53,840 0.50% - 53,840 0.50% Sale as on 01.12.2017 -4840 49000 0.45% At the end of the year 49000 0.45%

10 Mrubhee Stock Holdings Pvt.Ltd.

At the Beginning of the year 7,07,360 6.50% - 7,07,360 6.50% Sale as on 15.09.2017 -2360 705000 6.48% At the end of the year 705000 6.48%

11 Hygenic Palm Oil Pvt. Ltd. At the Beginning of the year 610097 5.61 - 610097 5.61% Sale as on 08.09.2017 -10000 600097 5.52% Sale as on 15.09.2017 -97 600000 5.52% At the end of the year 610097 5.61%

12

Snehbhar Stock Holding Pvt. Ltd.

At the Beginning of the year 595000 5.47% - 595000 5.47% Purchase as on 16.02.2018 128496 723496 6.65% Sale as on 23.02.2018 -4220 719276 6.61% Sale as on 23.03.2018 -124276 595000 5.47%

At the end of the year 595000 5.47% 13 Maruti Nutritious Food Pvt.

Ltd.

At the Beginning of the year 278374 2.56% - 278374 2.56% Sale as on 11.08.2017 -7000 271374 2.50% Sale as on 15.09.2017 -1374 270000 2.48%

At the end of the year 270000 2.48%

iii.Shareholding pattern of Top Ten Shareholders (Other than Directors, Promoters and Holders of GDRs and ADRs)

Sr. no


Cumulative Shareholding during the year

No. of shares % of total shares of the company


1 FEMINA MERCHANTS PRIVATE LIMITED

At the beginning of the year (As on 31st March, 2017)

170667 1.57% 170667 1.57%

There is no Change in Shareholding During the Year At the End of the year


170667

1.57% 2 ODYSSEY CORPORATION

LIMITED


141751 1.30% 141751 1.30%

Change During the Year 67806 0.62% 209557 1.93% At the End of the year


209557

1.93%

3 OCTAL FINANCE PRIVATE LIMITED


213334 1.96% 213334 1.96%

There is no Change in Shareholding During the Year At the End of the year


213334

1.96% 4 VIVID OFFSET PRINTERS

PRIVATE LIMITED


- 0% - 0%

Change During the Year 403871 3.71% 403871 3.71% At the End of the year


403871

3.71% 5 MANGALAM BARTER

PRIVATE LIMITED


298667

2.75%

298667

2.75%

Sale as on 20.10.2017 -12500 0.12% 286167 2.63% At the End of the year


286167

2.63%

286167

2.63% 6 ALACRITY SECURITIES

LIMITED


214469

1.97%

214469

1.97%

Changes during the year -33435 0.31% 181034 1.66% At the End of the year


181034

1.66% 7 MAYUR DEEP ORNAMENTS

PRIVATE LIMITED


224000 2.06% 224000 2.06%

Changes during the year -27500 0.25% 196500 1.81% At the End of the year

(As on 31st March, 2018) 196500 1.81%

8 DARSHAN YESHWANT MEHTA


342856 3.15% 342856 3.15%

Changes during the year - - At the End of the year

(As on 31st March, 2018) 342856 3.15%

9 MRUDULA BHIKHUBHAI PATEL


331407 3.05% 331407 3.05%

Changes during the year - - - - At the End of the year

(As on 31st March, 2018) 331407 3.05%

10 HARISH GOBINDRAM BULCHANDANI


0 0% 0 0%

Changes during the year 249815 2.30% 249815 2.30% At the End of the year

(As on 31st March, 2018) 249815 2.30%

iv. Shareholding of Directors and Key Managerial Personnel:

Sr. no


Cumulative Shareholding during the year



1 SNEHAL BHARATBHAI PATEL At the beginning of the year

(As on 31st March, 2017) 5,87,241 5.40% 5,87,241 5.40%

Changes during the year 342761 3.15% 244480 2.25% At the End of the year

(As on 31st March, 2018) 244480 2.25%

2. NAISHADH BIKHUBHAI PATEL


3,91,814 3.60% 3,91,814 3.60%

Changes during the year No Changes During the year At the End of the year

(As on 31st March, 2018) 391814 3.60%

3. MENEZES OLGA VINCENTPAUL At the beginning of the year

(As on 31st March, 2017) 85,334 0.78% 85,334 0.78%

Changes during the year No Changes During the year At the End of the year

(As on 31st March, 2018) 85,334 0.78%

INDEBTEDNESS:

Indebtedness of the Company including interest outstanding/accrued but not due for payment

Secured Loans excluding deposits

Unsecured Loans

Deposits Total Indebtedness

Indebtedness at the beginning of the financial year

i) Principal Amount ii) Interest due but not paid iii) Interest accrued but not

147568692

23974771

171543463

Total (i+ii+iii) 147568692 23974771 171543463 Change in Indebtedness

during the financial year - Addition - Reduction

94026919

-2831538

94026919 -2831538

Net Change 94026919 -2831538 91195381 Indebtedness at the end of the financial year i) Principal Amount ii) Interest due but notpaid iii) Interest accrued but not due

241595611

21143233

262738844

Total (i+ii+iii) 241595611 21143233 262738844

V. REMUNERATION OF DIRECTORS AND KEY MANAGERIAL PERSONNEL: A. Remuneration to Managing Director, Whole-time Directors and/or Manager

Sl. No. Particulars of Remuneration

Name of MD/ WTD/ Manager Name: SNEHAL B PATEL

Total Amount

Designation: WTD 1. Gross salary

(a)Salary as per provisions contained in section17(1) of the Income-tax Act, 1961

(b)Value of perquisites u/s 17(2) Income-tax Act, 1961

(c)Profits in lieu of salary under section 17(3) Income- tax Act,1961

15,00,000

15,00,000

2. Stock Option

- - 3. Sweat Equity

- -

4. Commission

- as % of profit - Others, specify…

- -

5. Others, please specify

- - 6. Total(A)

15,00,000 15,00,000

Ceiling as per the Act

C. Remuneration to other directors:

Sl. no.

Particulars of Remuneration

Name of the Directors

Independent Directors MENEZES OLGA

SHANKAR PRASAD

- Total

Fee for attending board committee meetings

3,02,500 36,000 - 36,000

Commission - - - - Others, please specify - - - -

Others, please specify - - - -

Total 3,02,500 36,000 - 3,38,500

Other Non-Executive Directors ·Fee for attending board committee meetings ·Commission ·Others, please specify

- - -

Total(2) - - -

Total(B)=(1+2) 3,02,500 36,000 - 3,38,500

Total Managerial Remuneration Overall Ceiling as per the Act

C. Remuneration to Key Managerial Personnel Other Than MD/Manager/WTD

Sr No.

PARTICULARS OF REMUNERATION

NAME OF THE KEY MANAGERIAL PERSONNEL

DESIGNATION CEO CFO CS (Rs/Lacs) Gross Salary

NIL

a) Salary as per provisions contained in section 17 (1) of the Income-tax Act,1961

b) Value of perquisites u/s 17(2) Income-tax

c) Profits in lieu of salary under section 17 (3) Income tax Act,1961

Stock option Sweat Equity Commission Others

Total - - -

VI. PENALTIES/PUNISHMENT/COMPOUNDING OF OFFENCES: NIL

Type Section of the companies Act

Brief description

Details of Penalty/ Punishment/Compounding fees imposed

Authority [RD /NCLT/Court]

Appeal made. If any(give details)

A.Company Penalty Punishment Compounding

B.Directors Penalty Punishment Compounding

C.OtherOfficersInDefault Penalty Punishment Compounding

Annexure - B

MANAGEMENT DISCUSSION AND ANALYSIS REPORT INDUSTRY OVERVIEW Climatic conditions in India favor growing a variety of oilseeds. On the demand side, a growing population and vastly varied dietary habits have ensured a thriving market for edible oil in the country. In fact, there is a substantial demand overhang, which is expected to continue for some years. At present, this is offset by imports that cater to almost half of the total domestic consumption. With cheap imports threatening to cripple the domestic industry, the government is walking a tightrope between filling the demand supply gap and the political need to keep the domestic industry in good health. Unorganized, medium and small players dominate the industry. Hence, quality remains a concern. There is need for better regulatory control to protect consumers. Despite the variety of oilseeds grown in India, the country imports a substantial quantity of edible oil, which also works out cheaper. Allied factors contributing to imports are the higher cost of cultivation in India and uneconomic oil extraction systems.

Oilseeds in India account for around 5.0 percent of the Gross National Product (GNP) and 14.0 percent of the country's area under cultivation of crops. Castor, Groundnut, Linseed, Niger, Rapeseed, Mustard, Safflower, Sesame and Sunflower are some of the major oilseeds grown. India produces 10 percent of the world's oilseeds, but has a low productivity of around 850-900 kg per hectare (compared to a world average of around 1,100-1,350 kg per hectare).

The amount of oil extracted from the seed varies with the type and quality of seed. In many cases, the oil recovery rate is upwards of 30.0 percent with Sesame accounting for a high 45.0 percent. BUSINESS OVERVIEW

Our Company was originally incorporated at Ahmadabad as “Oasis Tradelink Private Limited” on 20th November, 1996 under the provisions of the Companies Act, 1956 vide certificate of incorporation issued by the Registrar of Companies, Gujarat, Dadra

and Nagar Havelli. Our Company was converted in to a Public Limited Company and consequently the name was changed to “Oasis Tradelink Limited " vide fresh certificate of incorporation dated 22nd August, 2013 issued by the Registrar of Companies, Gujarat, Dadra and Nagar Havelli.

Our Company is registered under the Companies Act, 1956 with registration no. U51909GJ1996PLC031163

Our Company has been promoted by Mr. Snehal B Patel along with his relatives and associate entities with the intention to establish ourselves in the edible oil sector.

Oasis manufactures and markets the following products:

• Refined Cottonseed Oil • Pure Groundnut Oil • Refined Groundnut Oil • Refined Sunflower Oil • Refined Corn Oil • Pure Mustard Oil • Refined Soybean Oil • To do any other business in edible oil industry with available resources.

The Registered Office of our Company is situated at 1st Floor, Maruti House, Opp. Sales India, Old High Court Road, Ashram Road, Ahmedabad - 380009; Opportunities:

Sharp increases in demand of branded oil Increase in awareness regarding adulteration and increased health consciousness

amongst people has further aided the growth of the organized sector Growing population needs more oil The increasing interest of the global investors in the sector. The nascent stage of the new distribution channels offers an opportunity for

development.

Rapid de-regulation in the industry. Threats:

The treats of low price competition A large number of domestic as well as multinational players Highly competitive industry Threat of cheap imports The company's products have not yet developed the requisite brand image and hence

get substituted with other refined edible oil brands especially in the urban markets Lack of quality has emerged as a major concern because of the 'Quick- buck'

Route being followed in the industry. HUMAN RESOURCES AND INDUSTRIAL RELATIONS:

The Company recognizes human resources as its biggest strength which has resulted in getting acknowledgement that the Company is the right destination where with the growth of the organization, value addition of individual employees is assured. The total number of employees as on 31st March, 2018 is 55.

INTERNAL CONTROL:

The Company has an adequate internal control system for safeguarding the assets and financial transactions of the Company. The strong internal control systems have been designed in such a way that, not only it prevent fraud and misuse of the Company`s resources but also protect shareholders interest.

ANNEXURE - C

CORPORATE GOVERNANCE REPORT FOR THE YEAR 2017-18.

1. Company’s Philosophy on code of governance

Corporate Governance is an integral part of the philosophy of the Company in its pursuit of excellence, growth and value creation. The Company recognizes that strong Corporate Governance is indispensable for safeguarding the interest of shareholders and other stakeholders.

Our philosophy on Corporate Governance is built on rich legacy of fair, transparent and effective governance which includes strong emphasis on human values, individual dignity and adherence to honest, ethical and professional conduct.

The Code of Conduct acts as guide to the employees on the values, ethics and business principles expected of them. With the listing of its equity shares, the Company has also abided by the requirements of Corporate Governance covered under Regulation 27 under SEBI Listing Regulations,2015 (LODR).

2. Board of Directors

The business of the Company is conducted by the management under the directions of the Board. The Composition of the Board of Directors, with reference to the number of Executive and Non-Executive Directors, meets the requirement of Code of Corporate Governance. The Board is headed by the Executive Chairman. The Board of Directors of the Company has an optimum combination of 1 Executive Director, 1 Non-Executive Director and 2 Non- Executive Independent Directors, who have in depth knowledge of business, in addition to the expertise in their areas of specialization. The Board formulates the strategy, regularly reviews the performance of the Company and ensures that the previously agreed objectives are met on a consistent basis.

Name of Director

Category of Directorship

Directorship in other Companies

Details of other Committee

Chairman Member

Mr. Snehal Bharatbhai Patel

Promoter & Whole time Director

1 NIL 2

Mr. Naishadh Bhikhubhai Patel

Non-Executive Director

1 NIL 1

Mrs. Olga Menezes Vincentpaul

Independent & Non-Executive

Director

1 NIL 3

Mr. Shankar Prasad Bhagat

Independent & Non-Executive

Director

5 3 3

a) Board Procedure

During the year Board met 10 times under review. Your Company has complied with all the requirements in terms of SEBI (LODR) Regulations, 2015 and the Companies Act, 2013 in respect of Board Meetings. The attendance of each director at the Board Meetings and last Annual General Meeting are as under: Name of Director Board Meetings Attendance at last

AGM held on 30.09.2017

Held Attended

Mr. Snehal Bharatbhai Patel 10 10 Yes

Mr. Naishadh Bhikhubhai Patel 10 10 Yes

Mrs. Olga Menezes Vincentpaul 10 10 Yes

Mr. Shankar Prasad Bhagat 9 9 Yes

b) Code of Conduct:

Company’s Board has laid down a Code of Conduct for all the Board Members and Senior Management of the Company. The Code is available on the website of the Company www.oasistradelink.in All Board Members and Senior Management personnel have affirmed compliance of the Code of Conduct.

c) Disclosures regarding appointment/ re-appointment of Directors

Mr. Snehal B. Patel is the Director retiring at the ensuing Annual General Meeting and being eligible, have offered himself for re-appointment. The Board has recommended the re-appointment of the retiring Director. The brief resume and other information’s required to be disclosed under this section are provided in the notice of the Annual General Meeting.

3. COMMITTEES OF THE BOARD

1. Audit Committee

Constitution & Composition of Audit Committee: The Audit Committee of the Company was constituted line with the provisions of the Companies Act and SEBI (LODR) Regulation, 2015 The Audit Committee comprise of 2 Independent Directors and one Executive Director. The composition of the Audit Committee and details of meetings attended by the members of the Audit Committee are given below:

The Audit Committee meeting was held 4 times during the financial year.

Broad Terms of reference:

1. Overseeing the company’s financial reporting process and the disclosure

of its financial information to ensure that the financial statement is correct, sufficient and credible.

2. Recommending the appointment and re-appointment of the statutory auditor and the fixation of their remuneration.

3. Financial statements before submission to the board with particular reference to:

a) Changes, if any, in accounting policies and practices and reasons for the same

b) Major accounting entries involving estimates based on the exercise of judgment by management

c) Significant adjustments made in the financial statements arising out of audit findings

d) Compliance with listing and other legal requirements relating to financial statements

Name

Category

No. of Meetings during the year

Held Attended

Mr. Shankar Prasad Bhagat (Chairman)

Non-Executive & Independent Director

4

4

Mrs. Olga Menezes Vincentpaul


4

4

Mr. Snehal Bharatbhai Patel

Whole-time Director 4

4

e) Disclosure of any related party transactions

f) Qualifications in the draft audit report.

4. Reviewing the Quarterly financial results and the Annual financial statements before they are submitted to board.

5. Reviewing and discussing with the management, performance of statutory auditors.

6. Discussing with statutory auditors before the audit commences, about the nature and scope of audit as well as post-audit discussion to ascertain any area of concern.

7. Looking into the reasons for substantial defaults in the payment to depositors, debenture holders, shareholders (in case of nonpayment of declared dividends) and creditors, if any.

8. Reviewing the Management discussion and analysis of financial condition and results of operations.

9. Reviewing and discussing the Statement of significant related party transactions (as defined by the audit committee), submitted by management.

10. Reviewing and discussing the Management letters / letters of internal control weaknesses issued by the statutory auditors.

11. Reviewing the Internal audit reports relating to internal control weaknesses.

12. Reviewing and discussing the appointment, removal and terms of remuneration of the Chief internal auditor.

2. Remuneration Committee:

Constitution & Composition of Remuneration Committee: The Company has constituted a Remuneration Committee as per the provisions of the Companies Act and SEBI (LODR) Regulation, 2015

The composition of the Remuneration Committee and details of Meetings attended by the Directors are given below:

Name

Category

No. of Meetings during the year

Held Attended


Non Executive & Independent

Director

1 1

Mrs.Olga Menezes Vincentpaul Non Executive & Independent

Director

1 1

Mr. Naishadh B. Patel Non- Executive Director

1 1

The Remuneration Committee meeting was held 1 time during the financial year.

Brief Terms of reference: The Remuneration Committee is responsible for determining and reviewing all matters in respect of managerial remuneration.

Remuneration Policy: To review the remuneration package of the Executive Director and to review the sitting fees and commission payable Non-Executive Directors within the limits prescribed under the law. i. Executive Directors

The appointment of Whole Time Director and Executive Director is governed by resolutions passed by the Board of Directors and shareholders of the Company. Remuneration paid to Chairman, Whole Time Director and Executive Director is recommended by the Remuneration Committee, approved by the Board and is within the limit set by shareholders at the General Meeting.

Details of remuneration paid to Whole Time Director and Executive Director during the financial year 2017-18 is as under:

Name

Salary Perquisites

& Allowances

Commission

Mr. Snehalbhai B. Patel 15,00,000 P.A

-- --

Details of shares of the Company held by Directors as on 31st March, 2018 are as under:

Name

No. of shares held Mr. Snehalbhai B. Patel 244480

Mrs. Olga Menezes Vincentpaul 85334

Mr. Shankar Prasad Bhagat -

Mr. Naishadh B. Patel 391814

3. Shareholders/Investors Grievance Committee:

Constitution & Composition of Shareholders/Investors Grievance Committee: The Shareholders/Investors Grievance Committee of Directors was constituted The composition of the Shareholders/Investors Grievance Committee and details of Meetings attended by the Directors are given below:

Name

Category

No. of Meetings

Held Attended



1 1

Mrs. Olga Menezes Vincentpaul Non-Executive & Independent

1 1

Mr. Snehal Bharatbhai Patel Whole-time Director 1 1

Shareholders/Investors Grievance Committee meeting was held 1 times during the financial year.

Brief terms of reference: To specially look into redressed of shareholders and investors complaints like transfer of shares, non-receipt of Annual Report, non-receipt of declared dividend, revalidation of dividend warrant or refund order etc.

Details of complaints received and redressed: N.A.

Received during the period 01.04.2017 to

31.03.2018

Resolved during period 01.04.2017 to

31.03.2018

Closing Balance

Nil Nil Nil

General Body Meetings

The last three Annual General Meetings were held as under:

Financial Year

Date Location of Meeting Time No. of Special Resolutions passed

2014-15 30.09.2015 1st Floor, Maruti House, Opp. Sales India, Off. Ashram Road, Ahmedabad – 380009

11.00 a.m.

_


11.30 a.m.

_


11.00 a.m.

_

Extra Ordinary General Meeting During the year under review One Extra Ordinary General Meeting of the

Members of the Company was held.

6. Disclosures

Related Party Transactions

There have been no materially significant related party transactions and pecuniary transactions that may have potential conflict with the interest of the Company at large.

Audit Committee reviews periodically significant related party transactions i.e. transactions of the company, which are of material nature, with it’s directors, or relatives or the management that may have potential conflict with the interest of the Company at large. The details of Related Party Transactions are disclosed in financial section of this Annual Report.

Disclosure of Accounting Treatment

In the preparation of the financial statements, the Company has followed the Accounting policies and practices as prescribed in the Accounting Standards and there is no change in the accounting treatment during the year under review.

Board Disclosures – Risk Management

The Company have laid down procedure to inform the Board Members about the risk assessment and minimization procedure covering the entire gamut of business operations of the company and the same have been reviewed by the Board during the year.

Management

A) Management Discussion and Analysis Report

Management Discussion and Analysis Report is set out in a separate section included in this Annual Report and forms part of this Report.

B) Disclosure of material Financial and Commercial Transaction

The Designated Senior Management Personnel of the Company have disclosed to the Board that no material, financial and commercial transactions have been made during the year under review in which they have personal interest, which may have a potential conflict with the interest of the Company at large.

Compliance by the Company

There has been no instance of non-compliance by the Company on any matter related to capital markets during the last three years and no penalties or strictures have been imposed on the Company by the Stock Exchanges or SEBI

CEO/ CFO Certification: N.A.

7. Means of Communication:

The half Quarterly results of the Company were announced within a period 45 days of completion of the each Quarter. Audited annual results along with the results for the Quarter ended on March were announced within 60 days of the end of the financial year.

8. General Shareholders Information

Date, time and venue of the Annual General Meeting

30th September, 2018 at 11.00 a.m. at 1st Floor, Maruti House, Opp. Sales India, Off. Ashram Road, Ahmadabad – 380009

Next Financial Year: 1st April, 2018 to 31st March, 2019

Listing on Stock Exchanges

The Company’s shares are listed on the following Stock Exchanges with effect from 14.07.2014.

Registrar & Transfer Agents:

Name & Address: Skyline Financial Services Private Limited D-153a, First Floor, Okhla Industrial Area, Phase-I New Delhi – 110020

Tel. : 022-62215779

Fax : NA

E-mail : [email protected]

Contact Person : Mr. Subhash Dhingreja

Share Transfer Procedure

All the transfers are processed by the Registrar and Share Transfer Agents and are approved by the Board of Directors. Share transfers are returned within maximum of 20 days from the date of lodgment if documents are complete in all respects.

All valid share transfers during the year ended 31st March, 2018 have been acted upon.

• Shareholding Pattern as on 31st March, 2018:

Name of Stock Exchange Address Code

Bombay Stock Exchange Limited 25th Floor, P. J Towers, Dalal Street, Mumbai - 400 001.

538547

Category No. of shares held No. of Shares

% of Holding

Physical Electronic

Promoter Holding - 3918002 3918002 36.03 Mutual Funds/UTI - - - - Banks / FI/ Central Govt. / State Govt. & Insurance Companies

- - - -

Foreign Institutional Investors

- - - -

Trusts - - - - NRI/ OCBs - 922682 922682 8.48 Foreign Companies - - - -


Dematerialization of Shares and Liquidity:

10819065 equity shares representing 99.49% of the total Equity Capital of the Company are held in a dematerialized form with National Securities Depository Limited (NSDL) and Central Depositories Services (India) Limited (CDSL) as on 31st March, 2018.

The Reconciliation of Share Capital Audit Report from Company Secretary in practice confirming that the total issued capital of the Company is in aggregate with the total number of equity shares in physical form and the total number of dematerialized equity shares held with NSDL and CDSL is placed before the Board on a quarterly basis. A copy the said report is submitted to the stock exchanges where the equity shares of the Company are listed.

Outstanding GDRs/ADRs/Warrants or any convertible instrument, conversion and likely impact on equity: NIL

Site location: 1st Floor, "Maruti House", Opp. Sales India, Off Ashram Road, Ahmadabad- 380009

Address of Correspondence:

(i) For transfer/ dematerialization of shares, change of address of members and other queries.

Mr. Subhash Dhingreja Skyline Financial Services Private Limited D-153a, First Floor, Okhla Industrial Area, Phase-I New Delhi – 110020 Tel. : 022-62215779

Fax : NA

E-mail : [email protected]

Contact Person : Mr. Subhash Dhingreja

(ii) Any query relating to Dividend, Annual Reports etc.

Other Corporate Bodies - 2502071 2502071 23.01 Clearing Member - 409603 409603 3.77 Director/Relatives of Director

- - - -

Indian Public - 2828236 2828236 26.01 Resident HUF 294042 294042 2.70 Total 304244 7851648 8155892 100.00


Mr. Snehal B. Patel

Whole-time Director and Compliance Officer Maruti House, 1st Floor, Old High Court Road, Ashram Road, Opp. Sales India, Ahmadabad – 380009 Tel: (079) 26464089

Email : [email protected]; [email protected]


CERTFICATE ON CORPORATE GOVERNANCE

To, The Members OASIS TRADELINK LIMITED

We have examined the compliance of Conditions of Corporate Governance by M/s. Oasis Tradelink Limited (“the Company”) for the year ended on 31st March, 2018 and also up to the date of this report as stipulated in Regulation 27 of the SEBI (LODR) Regulation, 2015. The compliance of conditions of Corporate Governance is the responsibility of the Management. Our examination was limited to a review of procedures and implementations thereof adopted by the Company for ensuring compliance of conditions of Corporate Governance. It is neither an audit nor an expression of opinion on the financial statements of the Company. In our opinion and to the best of our information and according to the explanations given to us, we certify that the Company has complied with the conditions of Corporate Governance as stipulated in the Regulations 17 to 27 and part E of Schedule II of the SEBI (LODR) Regulation, 2015 We further state that such compliance is neither an assurance as to the future viability of the Company nor the efficiency or effectiveness with which the management has conducted the affairs of the Company.

For,Dhaval Padiya & Co. Date: 04/09/2018 (Chartered Accountants ) Place: Ahmedabad SD/- CA.Dhaval Padiya (Proprietor) M No. :- 146291 FRN No. : -140653W.

ANNEXURE - D

Secretarial Audit Report for the financial year ended on 31st March, 2018

[Pursuant to section 204(1) of the Companies Act, 2013 and rule No. 9 of the Companies (Appointment and Remuneration Personnel) Rules, 2014]

To, The Members Oasis Tradelink Limited I have conducted the Secretarial Audit of the compliance of applicable statutory provisions and the adherence to good corporate practices by Oasis Tradelink Limited (hereinafter called the company). Secretarial Audit was conducted in a manner that provided me a reasonable basis for evaluating the corporate conducts/statutory compliances and expressing my opinion thereon.

Based on my verification of the Oasis Tradelink Limited books, papers, minute books, forms and returns filed and other records maintained by the company and also the information provided by the Company, its officers, agents and authorized representatives during the conduct of secretarial audit, I hereby report that in my opinion, the company has, during the audit period covering the financial year ended on 31 March, 2018 complied with the statutory provisions listed hereunder and also that the Company has proper Board-processes and compliance-mechanism in place to the extent, in the manner and subject to the reporting made hereinafter:

I have examined the books, papers, minute books, forms and returns filed and other records maintained by the Company for the financial year ended on 31 March, 2018 According to the provisions of:

i. The Companies Act, 2013 (the Act) and the rules made there under;

ii. The Securities Contracts (Regulation) Act, 1956 (‘SCRA’) and the rules made there under;

iii. The Depositories Act, 1996 and the Regulations and Bye-laws framed there under;

iv. Foreign Exchange Management Act, 1999 and the rules and regulations made there under to the extent of Foreign Direct Investment, Overseas Direct Investment and External Commercial Borrowings- Not applicable

v. The following Regulations and Guidelines prescribed under the Securities and Exchange Board of India Act, 1992 (‘SEBI Act’):-

a) The Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011;

b) The Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 1992;

c) The Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations 2009.

d) The Securities and Exchange Board of India (Employee Stock Option Scheme and Employee Stock Purchase Scheme) Guidelines, 1999; - Not applicable

e) The Securities and Exchange Board of India (Issue and Listing of Debt Securities) Regulations, 2008; - Not applicable

f) The Securities and Exchange Board of India (Registrars to an Issue and Share Transfer Agents) Regulations, 1993 regarding the Companies Act and dealing with client;

g) The Securities and Exchange Board of India (Delisting of Equity Shares) Regulations, 2009- Not applicable

h) The Securities and Exchange Board of India (Buy Back of Securities) Regulations, 1998- Not applicable

And in general, the Company has systems, process and procedure for the compliance of Other Laws Applicable to the Company. I have also examined compliance with the applicable clauses of the following:

i. Secretarial Standards issued by The Institute of Company Secretaries of India.

ii. The Listing Agreements entered into by the Company with BSE Limited. During the period under review the Company has complied with the provisions of the Act, Rules, Regulations, guidelines, standards etc mentioned above subject to the following observations:

a) Filing of certain forms with the Ministry of Corporate Affairs required under the Companies Act, 2013 was not done in time. However for late filing of forms the Company has paid additional fees.

b) As per Section 203 of companies Act, 2013 read with rule 8 of the companies (Appointment and Remuneration of Managerial personnel) Rules, 2014 the company has not appointed Company Secretary and during the audit period.

I further report that:

The Board of Directors of the Company is duly constituted with proper balance of Executive Directors, Non-Executive Directors and Independent Directors. The changes in the composition of the Board of Directors that took place during the period under review were carried out in compliance with the provisions of the Act.

Adequate notice is given to all the directors to schedule the Board Meetings, agenda and detailed notes on agenda were sent at least seven days in advance, and a system exists for seeking and obtaining further information and clarifications on the agenda items before the meeting and for meaningful participation at the meeting.

Majority decision is carried through while the dissenting members’ views are captured and recorded as part of the minutes.

I further report that there are adequate systems and processes in the company commensurate with the size and operations of the company to monitor and ensure Compliance with applicable laws, rules, regulations and guidelines.

I further report that during the audit period, there were no instances of:

I. Public/Rights/Preferential issue of Shares/debentures/ sweat equity of the Company.

II. Redemption/buy-back of securities.

III. Major decisions taken by the members in pursuance to Section 180 of the Companies Act, 2013.

IV. Merger/ amalgamation/ reconstruction etc.

V. Foreign technical collaborations. Place: Ahmedabad For, Manohar Chunara Date: 04/09/2018 Company Secretary

Sd/- Mem. No. 26983

COP No. 10093 Note: This report is to be read with our letter of even date which is annexed as Annexure – 1 and forms an integral part of this report.

Annexure – 1 To, The Members, OASIS TRADELINK LIMITED Our report of even date is to be read along with this letter.

1. Maintenance of Secretarial record is the responsibility of the management of the Company. Our responsibility is to express an opinion on these secretarial records based on our audit.

2. We have followed the audit practices and process as were appropriate to obtain reasonable assurance about the correctness of the contents of the Secretarial records. The verification was done on test basis to ensure that correct facts are reflected in Secretarial records. We believe that the process and practices followed by us provide a reasonable basis for our opinion.

3. We have not verified the correctness and appropriateness of financial records and Books of Accounts of the Company.

4. Wherever required, we have obtained the Management representation about the Compliance of laws, rules and regulations and happening of events etc.

5. The Compliance of the provisions of Corporate and other applicable laws, rules, regulations, standards is the responsibility of the management. Our examination was limited to the verification of procedure on test basis.

6. The Secretarial Audit report is neither an assurance as to the future viability of the Company nor of the efficacy or effectiveness with which the management has conducted the affairs of the Company. Place: Ahmedabad For, Manohar Chunara Date: 04/09/2018 Company Secretary

Sd/- Mem. No. 26983

COP No. 10093

Independent Auditor’s Report To the Members of Oasis Tradelink Limited. Report on the Standalone Financial Statements We have audited the accompanying standalone financial statements of Oasis Tradelink Limited. (‘the Company’), which comprise the balance sheet as at 31 March 2018, the statement of profit and loss for the year then ended, cash flow for the period ended and a summary of significant accounting policies and other explanatory information. Management’s Responsibility for the Standalone Financial Statements The Company’s Board of Directors is responsible for the matters stated in Section 134(5) of the Companies Act, 2013 (“the Act”) with respect to the preparation and presentation of these standalone financial statements that give a true and fair view of the financial position, financial performance of the Company in accordance with the accounting principles generally accepted in India, including the Accounting Standards specified under Section 133 of the Act, read with Rule 7 of the Companies (Accounts) Rules, 2014. This responsibility also includes maintenance of adequate accounting records in accordance with the provisions of the Act for safeguarding the assets of the Company and for preventing and detecting frauds and other irregularities; selection and application of appropriate accounting policies; making judgments and estimates that are reasonable and prudent; and design, implementation and maintenance of adequate internal financial controls, that were operating effectively for ensuring the accuracy and completeness of the accounting records, relevant to the preparation and presentation of the financial statements that give a true and fair view and are free from material misstatement, whether due to fraud or error. Auditor’s Responsibility Our responsibility is to express an opinion on these standalone financial statements based on our audit. We have taken into account the provisions of the Act, the accounting and auditing standards and matters which are required to be included in the audit report under the provisions of the Act and the Rules made there under. We conducted our audit in accordance with the Standards on Auditing specified under Section 143(10) of the Act. Those Standards require that we comply with ethical requirements and plan and perform the audit to obtain reasonable assurance about whether the financial statements are free from material misstatement. An audit involves performing procedures to obtain audit evidence about the amounts and the disclosures in the financial statements. The procedures selected depend on the auditor’s judgment, including the assessment of the risks of material misstatement of the financial statements, whether due to fraud or error. In making those risk assessments, the auditor considers internal financial control relevant to the Company’s preparation of the financial statements that give a true and fair view in order to design audit procedures that are appropriate in the circumstances.

An audit also includes evaluating the appropriateness of the accounting policies used and the reasonableness of the accounting estimates made by the Company’s Directors, as well as evaluating the overall presentation of the financial statements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinion on the standalone financial statements. Opinion

In our opinion and to the best of our information and according to the explanations given to us,the aforesaid standalone financial statements give the information required by the Act in the manner so required and give a true and fair view in conformity with the accounting principles generally accepted in India, of the state of affairs of the Company as at 31st March 2018 and its profit and its cash flows for the year ended on that date subject to point no. 4,9,10,11 of notes to accounts (Schedule 21). ReportonOtherLegalandRegulatoryRequirements

1. As required by the Companies (Auditor’s Report) Order, 2016 (“the Order”) issued by the Central Government of India in terms of sub‐section (11) of section 143 of the Act, we give in the Annexure A, a statement on the matters specified in the paragraph 3 and 4 of the order.

2. As required by Section 143 (3) of the Act, we report that:

(a) we have sought and obtained all the information and explanations which to the best of our knowledge and belief were necessary for the purposes of our audit.

(b) in our opinion proper books of account as required by law have been kept by the Company so far as it appears from our examination of those books;

(c) the balance sheet, the statement of profit and loss and the cash flow statement dealt with by this Report are in agreement with the books of account;

(d) in our opinion, the aforesaid standalone financial statements comply with the Accounting Standards specified under Section 133 of the Act, read with Rule 7 of the Companies (Accounts) Rules, 2014;

(e) on the basis of the written representations received from the directors as on 31 March 2018 taken on record by the Board of Directors, none of the directors is disqualified as on 31 March 2018 from being appointed as a director in terms of Section 164 (2) of the Act;

(f) with respect to the adequacy of the internal financial controls over financial reporting of the

Company and the operating effectiveness of such controls, refer to our separate report in ‘Annexure B’; and

(g)With respect to the other matters to be included in the Auditor’s Report in accordance with Rule 11 of the Companies (Audit and Auditors) Rules, 2014, in our opinion and to the best of our information and according to the explanations given to us:

i. The Company does not have any pending litigation which would impact its financial position.

ii. The Company did not have any long term contracts including derivative contracts for which there were any material foreseeable losses.

iii. There were no amounts which are required to be transferred to the investor education and protection fund by the company.

For,DhavalPadiya&Co.(CharteredAccountants)CA.DhavalPadiya(Proprietor)MNo.:‐146291FRNNo.:‐140653W

Place:AhmedabadDate:30/05/2018

“Annexure ‐ A “to the Auditors’ Report The Annexure referred to in Independent Auditors’ Report to the members of the Company on the standalone financial statements for the year ended 31st March 2018, we report that: (i) (a) The Company has maintained proper records showing full particulars, including

quantitative details and situation of fixed assets

(b) The Company has a regular policy of physical verification of its fixed assets by which fixed assets are verified in a phased manner over a period of three years. In accordance with this policy, certain fixed assets were verified during the year and no material discrepancies were noticed on such verification. In our opinion, this periodicity of physical verification is reasonable having regard to the size of the Company and the nature of its assets.

(c) According to the information and explanations given to us and on the basis of our

examination of the records of the Company, the title deeds of immovable properties are held in the name of the Company. (This clause is not applicable to company, as there are no immovable property or any other property.)

(ii) (a) Physical verification of inventory has been conducted at reasonable intervals by the management;

(b) The company is maintaining proper records of inventory and no material discrepancies were noticed on physical verification.

(iii) The Company has not granted loans to bodies corporate covered in the register maintained under section 189 of the Companies Act, 2013 (‘the Act’). (iv) In our opinion and according to the information and explanations given to us, the Company

has complied with the provisions of section 185 and 186 of the Act, with respect to the loans and investments made.

(v) The Company has not accepted deposits from the public. So paragraph 3(v) of the Order is not applicable. (vi) The Central Government has not prescribed the maintenance of cost records under section 148(1) of the Act, for any of the services rendered by the Company. So, paragraph 3(vi) of the Order is not applicable. (vii) (a) According to the information and explanations given to us and on the basis of our examination of the records of the Company, amounts deducted/accrued in the book of account in respect of undisputed statutory dues including provident fund, income‐tax, sales tax, value added tax, duty of customs, service tax, cess and other material statutory dues have been regularly deposited during the year by the company with the appropriate authorities. As explained to us, the Company did not have any dues on account of employees’ state insurance and duty of excise.

(b) According to the information and explanations given to us, no undisputed amounts payable in respect of provident fund, income tax, sales tax, value added tax, duty of customs, service tax, cess and other material statutory dues were in arrears as at 31st March 2018 for a period of more than six months from the date they became payable.

(viii) The Company has received short loans or borrowings from financial institution or banks during the year and there is no default on repayment.

(ix) The Company did not raise any money by way of initial public offer or further public

offer (including debt instruments) and term loans during the year. Accordingly, paragraph 3 (ix) of the Order is not applicable.

(x) According to the information and explanations given to us, no material fraud by the Company or on the Company by its officers or employees has been noticed or reported during the course of our audit.

(xi) According to the information and explanations give to us and based on our

examination of the records of the Company, the Company has paid/provided for managerial remuneration in accordance with the requisite approvals mandated by the provisions of section 197 read with Schedule V to the Act.

(xii) In our opinion and according to the information and explanations given to us, the

Company is not a nidhi company. Accordingly, paragraph 3(xii) of the Order is not applicable.

(xiii) According to the information and explanations given to us and based on our

examination of the records of the Company has entered into transactions with the related parties and complied with requirements as specified in sections 177 and 188 of the Act.

(xiv) According to the information and explanations give to us and based on our examination of the records of the Company, the Company has not made any preferential allotment or private placement of shares or fully or partly convertible debentures during the year. Accordingly the provisions of clause 3(xiv) of the order are not applicable to the company.

(xv) According to the information and explanations given to us and based on our examination of the records of the Company, the Company has not entered into non‐cash transactions with directors or persons connected with him. Accordingly, paragraph 3(xv) of the Order is not applicable.

(xvi) The Company is not required to be registered under section 45‐IA of the Reserve Bank of India Act 1934.

For,DhavalPadiya&Co.(CharteredAccountants)

CADhavalPadiyaPlace:Ahmedabad (Proprietor)Date:30/05/2018 MNo:146291

FRNNo:140653W

ANNEXURE B TO THE AUDITOR’S REPORT

Report on the Internal Financial Controls under Clause (i) of sub-section 3 of Section 143 of the Companies Act, 2013 (‘the Act’) We have audited the internal financial controls over financial reporting of Oasis Tradelink Limited (‘the Company’) as of 31 March 2018 in conjunction with our audit of the financial statements of the Company for the year ended on that date. Management’s Responsibility for Internal Financial Controls The Company’s management is responsible for establishing and maintaining internal financial controls based on the internal control over financial reporting criteria established by the Company considering the essential components of internal control stated in the Guidance Note on Audit of Internal Financial Controls over Financial Reporting issued by the Institute of Chartered Accountants of India (‘ICAI’). These responsibilities include the design, implementation and maintenance of adequate internal financial controls that were operating effectively for ensuring the orderly and efficient conduct of its business, including adherence to the Company’s policies, the safeguarding of its assets, the prevention and detection of frauds and errors, the accuracy and completeness of the accounting records, and the timely preparation of reliable financial information, as required under the Companies Act, 2013. Auditors’ Responsibility Our responsibility is to express an opinion on the Company’s internal financial controls over financial reporting based on our audit. We conducted our audit in accordance with the Guidance Note on Audit of Internal Financial Controls over Financial Reporting (‘the Guidance Note’) and the Standards on Auditing, issued by ICAI and deemed to be prescribed under Section 143(10) of the Companies Act, 2013, to the extent applicable to an audit of internal financial controls, both applicable to an audit of Internal Financial Controls and, both issued by the Institute of Chartered Accountants of India. Those Standards and the Guidance Note require that we comply with ethical requirements and plan and perform the audit to obtain reasonable assurance about whether adequate internal financial controls over financial reporting was established and maintained and if such controls operated effectively in all material respects. Our audit involves performing procedures to obtain audit evidence about the adequacy of the internal financial controls system over financial reporting and their operating effectiveness. Our audit of internal financial controls over financial reporting included obtaining an understanding of internal financial controls over financial reporting, assessing the risk that a material weakness exists, and testing and evaluating the design and operating effectiveness of internal control based on the assessed risk. The procedures selected depend on the auditors’ judgment, including the assessment of the risks of material misstatement of the financial statements, whether due to fraud or error. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinion on the Company’s internal financial controls system over financial reporting.

Meaning of Internal Financial Controls over Financial Reporting A company’s internal financial control over financial reporting is a process designed to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles. A company’s internal financial control over financial reporting includes those policies and procedures that (1) pertain to the maintenance of records that, in reasonable detail, accurately and fairly reflect the transactions and dispositions of the assets of the company; (2) provide reasonable assurance that transactions are recorded as necessary to permit preparation of financial statements in accordance with generally accepted accounting principles, and that receipts and expenditures of the company are being made only in accordance with authorizations of the management and directors of the company; and (3) provide reasonable assurance regarding prevention or timely detection of unauthorized acquisition, use, or disposition of the company’s assets that could have a material effect on the financial statements. Inherent Limitations of Internal Financial Controls over Financial Reporting Because of the inherent limitations of internal financial controls over financial reporting, including the possibility of collusion or improper management override of controls, material misstatements due to error or fraud may occur and not be detected. Also, projections of any evaluation of the internal financial controls over financial reporting to future periods are subject to the risk that the internal financial control over financial reporting may become inadequate because of changes in conditions, or that the degree of compliance with the policies or procedures may deteriorate. Opinion In our opinion, the Company has, in all material respects, an adequate internal financial controls system over financial reporting and such internal financial controls over financial reporting were operating effectively as at 31 March 2018, based on the internal control over financial reporting criteria established by the Company considering the essential components of internal control stated in the Guidance Note on Audit of Internal Financial Controls Over Financial Reporting issued by the Institute of Chartered Accountants of India.

For,DhavalPadiya&Co.(CharteredAccountants)

CADhavalPadiyaPlace:Ahmedabad (Proprietor)Date:30/05/2018 MNo:146291

FRNNo:140653W

ANNEXURE B TO THE AUDITOR’S REPORT

Report on the Internal Financial Controls under Clause (i) of sub‐section 3 of Section 143 of the Companies Act, 2013 (‘the Act’) We have audited the internal financial controls over financial reporting Oasis Tradelink limited (‘the Company’) as of 31 March 2018 in conjunction with our audit of the financial statements of the Company for the year ended on that date. Management’s Responsibility for Internal Financial Controls

The Company’s management is responsible for establishing and maintaining internal financial controls based on the internal control over financial reporting criteria established by the Company considering the essential components of internal control stated in the Guidance Note on Audit of Internal Financial Controls over Financial Reporting issued by the Institute of Chartered Accountants of India (‘ICAI’). These responsibilities include the design, implementation and maintenance of adequate internal financial controls that were operating effectively for ensuring the orderly and efficient conduct of its business, including adherence to the Company’s policies, the safeguarding of its assets, the prevention and detection of frauds and errors, the accuracy and completeness of the accounting records, and the timely preparation of reliable financial information, as required under the Companies Act, 2013. Auditors’ Responsibility Our responsibility is to express an opinion on the Company’s internal financial controls over financial reporting based on our audit. We conducted our audit in accordance with the Guidance Note on Audit of Internal Financial Controls over Financial Reporting (‘the Guidance Note’) and the Standards on Auditing, issued by ICAI and deemed to be prescribed under Section 143(10) of the Companies Act, 2013, to the extent applicable to an audit of internal financial controls, both applicable to an audit of Internal Financial Controls and, both issued by the Institute of Chartered Accountants of India. Those Standards and the Guidance Note require that we comply with ethical requirements and plan and perform the audit to obtain reasonable assurance about whether adequate internal financial controls over financial reporting was established and maintained and if such controls operated effectively in all material respects. Our audit involves performing procedures to obtain audit evidence about the adequacy of the internal financial controls system over financial reporting and their operating effectiveness. Our audit of internal financial controls over financial reporting included obtaining an understanding of internal financial controls over financial reporting, assessing the risk that a material weakness exists, and testing and evaluating the design and operating effectiveness of internal control based on the assessed risk. The procedures selected depend on the auditors’ judgment, including the assessment of the risks of material misstatement of the financial statements, whether due to fraud or error.

We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinion on the Company’s internal financial controls system over financial reporting. Meaning of Internal Financial Controls over Financial Reporting A company’s internal financial control over financial reporting is a process designed to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles. A company’s internal financial control over financial reporting includes those policies and procedures that (1) pertain to the maintenance of records that, in reasonable detail, accurately and fairly reflect the transactions and dispositions of the assets of the company; (2) provide reasonable assurance that transactions are recorded as necessary to permit preparation of financial statements in accordance with generally accepted accounting principles, and that receipts and expenditures of the company are being made only in accordance with authorizations of the management and directors of the company; and (3) provide reasonable assurance regarding prevention or timely detection of unauthorized acquisition, use, or disposition of the company’s assets that could have a material effect on the financial statements. Inherent Limitations of Internal Financial Controls over Financial Reporting Because of the inherent limitations of internal financial controls over financial reporting, including the possibility of collusion or improper management override of controls, material misstatements due to error or fraud may occur and not be detected. Also, projections of any evaluation of the internal financial controls over financial reporting to future periods are subject to the risk that the internal financial control over financial reporting may become inadequate because of changes in conditions, or that the degree of compliance with the policies or procedures may deteriorate. Opinion In our opinion, the Company has, in all material respects, an adequate internal financial controls system over financial reporting and such internal financial controls over financial reporting were operating effectively as at 31 March 2018, based on the internal control over financial reporting criteria established by the Company considering the essential components of internal control stated in the Guidance Note on Audit of Internal Financial Controls Over Financial Reporting issued by the Institute of Chartered Accountants of India. For Dhaval Padiya & Co. Chartered Accountant Dhaval Padiya ( Proprietor ) Firm Reg.No. 140653W Membership No.:146291 Place:- Ahmedabad Date:-30/05/2018

ParticularsNote

No.2018 2017

` `I. EQUITY AND LIABILITIES

(1) Shareholder's Funds(a) Share Capital 1 10,87,46,360 10,87,46,360 (b) Reserves and Surplus 2 7,47,72,204 7,12,39,646 (c) Money received against share warrants ‐ ‐

(2) Share Application money pending allotment ‐ ‐

(3) Non‐Current Liabilities(a) Long‐Term Borrowings ‐ ‐ (b) Deferred Tax Liabilities (Net) ‐ 2,477 (c) Other Long Term Liabilities ‐ ‐ (d) Long Term Provisions ‐ ‐

(4) Current Liabilities(a) Short‐Term Borrowings 3 26,27,38,844 14,75,68,692 (b) Trade Payables 4 13,58,01,411 5,65,08,126 (c) Other Current Liabilities 5 ‐ 3,98,30,737 (d) Short‐Term Provisions 6 27,78,105 1,15,87,172

Total Equity & Liabilities 58,48,36,924 43,54,83,214

II.ASSETS ` `(1) Non‐Current Assets

(a) Fixed Assets 7

(i) Property, Plant and Equipments 1,33,72,886 1,62,67,378 (ii) Intangible Assets ‐ ‐ (iii) Capital Work in Progress ‐ ‐

1,33,72,886 1,62,67,378 (b) Non‐current investments ‐ ‐ (c) Deferred tax assets (net) 93,017 ‐ (d) Long term loans and advances 8 6,83,719 6,83,719 (e) Other non‐current assets ‐ ‐

(2) Current Assets(a) Current investments ‐ ‐ (b) Inventories 16,40,31,308 18,38,53,875 (c) Trade receivables 9 27,64,36,575 18,37,21,875 (d) Cash and cash equivalents 10 1,82,22,666 3,83,56,695 (e) Short‐term loans and advances 11 2,15,61,060 64,63,201 (f) Other current assets 12 9,04,35,691 61,36,468

Total Assets 58,48,36,924 43,54,83,214

NOTES TO ACCOUNTS 21Schedules referred to above and notes attached there to form an integral part of Balance Sheet

This is the Balance Sheet referred to in our Report of even date.

FOR , DHAVAL PADIYA AND CO. For and on behalf of Board of Directors

CHARTERED ACCOUNTANTS

Snehal Patel Naishadh Patel

(WHOLE TIME DIRECTOR) (DIRECTOR)

DHAVAL PADIYAProprietor Menezes Olga VincentpaulM No. 146291 (DIRECTOR)FRN No. 140653W

Place: AhmedabadDate:30/05/2018

OASISTRADELINKLIMITED

BalanceSheetAsAt31stMarch,20181stFloor,MarutiHouse,Opp.SalesIndia,AshramRoad,Ahmedabad‐380009

Sr.

NoParticulars

Note

No.2018 2017

` `I Revenue from operations 13 5,14,37,16,250 3,42,93,87,156 II Other Income 14 56,39,298 42,08,556 III III. Total Revenue (I +II) 5,14,93,55,548 3,43,35,95,712 IV Expenses:

Cost of materials consumed 15 5,04,13,68,511 3,42,85,01,865 Changes in inventories of finished goods, work‐in‐progress and Stock‐in‐Trade 16 1,98,22,567 (9,52,34,891) Employee Benefit Expense 17 1,09,89,570 69,36,959 Financial Costs 18 3,55,97,086 2,32,72,981 Depreciation and Amortization Expense 19 32,86,070 39,15,275 Other Administrative Expenses 20 3,81,60,793 4,04,72,376

Total Expenses (IV) 5,14,92,24,597 3,40,78,64,566 V Profit before exceptional and extraordinary items and tax (III ‐ IV) 1,30,951 2,57,31,145

VI Exceptional Items ‐ ‐

VII Profit before extraordinary items and tax (V ‐ VI) 1,30,951 2,57,31,145

VIII Extraordinary Items ‐ ‐

IX Profit before tax (VII ‐ VIII) 1,30,951 2,57,31,145

X Tax expense: (1) Current tax 40,000 35,00,000 (2) Deferred tax (95,494) (95,494)

XI Profit(Loss) from the perid from continuing operations (IX‐X) 1,86,445 2,23,26,639

XII Profit/(Loss) from discontinuing operations ‐ ‐

XIII Tax expense of discounting operations ‐ ‐

XIV Profit/(Loss) from Discontinuing operations (XII ‐ XIII) ‐ ‐

XV Profit/(Loss) for the period (XI + XIV) 1,86,445 2,23,26,639

Add:‐ Transfer from reserve ‐ ‐ Less: Proposed Dividend ‐ 27,18,659 Less: Tax on Dividend ‐ 5,43,730 Balance Carried Forward to Balance Sheet 1,86,445 1,90,64,250

XVI Earning per equity share: (1) Basic 0.02 2.05 (2) Diluted 0.02 2.05

NOTES TO ACCOUNTS 21

Schedules referred to above and notes attached there to form an integral part of Profit & Loss Statement

This is the Profit & Loss Statement referred to in our Report of even date.

FOR , DHAVAL PADIYA AND CO. For and on behalf of Board of Directors

CHARTERED ACCOUNTANTS

Snehal Patel Naishadh Patel(WHOLE TIME DIRECTOR) (DIRECTOR)

DHAVAL PADIYAProprietorM No. 146291 Menezes Olga VincentpaulFRN No. 140653W (DIRECTOR)

Place: AhmedabadDate:30/05/2018

OASISTRADELINKLIMITED1stFloor,MarutiHouse,Opp.SalesIndia,AshramRoad,Ahmedabad‐380009

Profit&LossStatementforThePeriodEndedOn31stMARCH,2018

PARTICULARS AS AT

31.03.2018

AS AT

31.03.2017 A. Cash Flow from Operating Activity

Profit before Taxation and Extra Ordinary Items 1,30,951 2,57,31,145 Add : Non Cash & Non Operating Expenses - - Finance Cost 3,55,97,086 2,32,72,981

Excess provision written back - (60,440) Depreciation Expense 32,86,070 39,15,275 Preliminary Expenses Write Off 5,10,369 5,10,369

Operating Profit before Working Capital Changes 3,95,24,477 5,33,69,330 Adjustment for;

(Increase) / Decrease in Inventory 1,98,22,567 (9,52,32,211) (Increase) / Decrease in Debtors (9,27,14,700) (58,80,584) (Increase) / Decrease in Loans & Advances (1,50,97,859) (42,35,594) (Increase) / Decrease in Other Current Assets (8,48,09,592) (45,01,647) Increase / (Decrease) in Other Current Liabilities (3,98,30,737) 3,98,30,737 Increase / (Decrease) in Trade Payable 8,88,03,901 4,18,97,282 Increase / (Decrease) in Provisions (88,09,067) 38,02,833

Cash Generated from Operation (9,31,11,011) 2,90,50,146 Taxes Paid 64,04,506 9,39,560

Net Cash Flow from Operating Activities (9,95,15,517) 2,81,10,586

B. Cash Flow from Investing Activity(Increase) / Decrease in Fixed Assets (net) (3,91,578) (39,31,129) (Increase) / Decrease in Investments & Accured Interest Thereon - -

Net Cash Flow from Investing Activities (3,91,578) (39,31,129)

C. Cash Flow from Financing ActivityProceeds from Issue of Shares - 2,71,87,440 Proceeds from Securities Premium - (2,71,87,440) Increase / (Decrease) in short term Borrowings 11,51,70,152 3,94,28,924 Proposed Dividend including DDT - (32,62,389) Finance Cost (3,55,97,086) (2,32,72,981)

Net Cash Flow from Financing Activities 7,95,73,066 1,28,93,554

Net Increase / (Decrease) in Cash & Cash Equivalents (2,03,34,029) 3,70,73,012 Opening Balance of Cash & Cash Equivalents 3,83,56,695 12,86,363 Closing Balance of Cash & Cash Equivalents 1,82,22,666 3,83,56,695 Net Increase / (Decrease) in Cash & Cash Equivalents (2,01,34,029) 3,70,70,332

NOTES :1. The above Cash Flow Statement has been prepared under the "Indirect Method" as set out in the Accounting Standard-3 on "Cash Flow Statement" issued by ICAI.2. The previous year figures have been regrouped/restated wherever necessary to confirm to this year's classification.

OASISTRADELINKLIMITED1stFloor,MarutiHouse,Opp.SalesIndia,AshramRoad,Ahmedabad‐380009

CashFlowStatementForTheYearEnded31stMARCH,2018

Note : 1 Share Capital ` `

Sr.

NoParticulars 2018 2017

(A) AUTHORIZED CAPITAL1 1,09,00,000 Equity Shares of Rs. 10/‐ each. 10,90,00,000 10,90,00,000

10,90,00,000 10,90,00,000

(B) ISSUED , SUBSCRIBED & PAID UP CAPITAL

To the Subscribers of the Memorandum

1 1,08,74,636 Equity Shares of Rs.10/‐ each 10,87,46,360 10,87,46,360

Total in ` 10,87,46,360 10,87,46,360

Sr.

NoSHARE HOLDER'S NAME 2018 2017

1 Mrubhee Stock Holding Pvt. Ltd. 5,30,520 5,30,520 7.27% 7.27%

2 Snehbhar Stock Holding Pvt. Ltd. 4,46,250 4,46,250 6.12% 6.12%

3 Hygenic Palm Oils Pvt. Ltd. 9,39,470 9,39,470 12.88% 12.88%

Note : 2 Reserve & Surplus ` `

Sr.


1 Capital Reserve ‐ ‐ 2 Capital Redemption Reserve ‐ ‐ 3 Securities Premium reserve 3,43,98,835 3,43,98,835 4 Debenture Redeemption Reserve ‐ ‐ 5 Revaluation Reserve ‐ ‐ 7 Other Reserve (Special Reserve) 33,46,112 ‐ 8 Surplus (Profit & Loss Account) 3,70,27,257 3,68,40,811

Balance brought forward from previous year 3,68,40,811 3,68,40,811 Less: Tax on Regular Assessment Paid / Short Provision Adj ‐ ‐ Less: Transfer to Profit and Loss A/c ‐ ‐ Add: Profit for the period 1,86,445 ‐

Total in ` 7,47,72,204 7,12,39,646

Note : 3 Short Term Borrowings ` `Sr.


(A) ‐ From Bank

1 Punjab National Bank OD Account 24,15,95,611 14,75,68,692 (B) ‐ From Others

1 Balance of Others 2,11,43,233 2,39,74,771 Total in ` 26,27,38,844 17,15,43,463

OASISTRADELINKLIMITEDNotes Forming Integral Part of the Balance Sheet as at 31st March, 2018

Following Shareholders hold equity shares more than 5% of the total equity shares of the Company.

* Cash Credit Facility, from the Punjab National Bank are secured by Pledge / Hypothecation of Stocks, Book debts

and equatable mortgage of the assets of the company.


Note : 4 Trades Payable ` `Sr.


(A) ‐Sundry Creditors for Materiel/Supplies:1 Balance of Sundry Creditors { As per List Attached} 11,33,79,562 3,68,71,218

(B) Sundry Creditors for Expenses and Others1 Balance of Sundry Creditors for Expenses { As per List Attached} 2,24,21,849 1,96,36,908

Total in ` 13,58,01,411 5,65,08,126

Note : 5 Other Current Liabilities ` `Sr.

NoAdd: Profit for the period 2018 2017

(A) Advance from Customers

1 Balance of Advance from Customers { As per List Attached} ‐ 3,98,30,737

Total in ` ‐ 3,98,30,737

Note : 6 Short Term Provisions ` `Sr.


1 Audit Fees Payable 1,75,000 1,35,000 2 TDS Payable 5,62,163 4,94,767 3 Gautamchand Jain ‐ 9,87,711 4 Vat Payable ‐ 18,46,736 5 Provision for Income Tax 20,40,000 48,43,000 6 Propesed Dividend ‐ 27,18,659 7 Provison For DDT ‐ 5,43,730 9 Other Expenses payable 942 17,569

Total in ` 27,78,105 1,15,87,172

Note : 8 Long Term Loans & Advances ` `Sr.


(A) Security Depositsa.) Secured, Considered Good1 NSC for VAT Deposit 45,000 45,000 2 Torrent Power Deposit 38,719 38,719 3 BSE Ltd. 6,00,000 6,00,000

Total in ` 6,83,719 6,83,719

Note : 9 Trade Recievables ` `Sr.


(A) Outstanding for More than six months1 Secured, Considered Good : 15,96,28,642 ‐ (B) Outstanding for less than six months

Secured, Considered Good :1 Balance of Trade Receivable { As per List Attached} 11,68,07,933 18,37,21,875

Total in ` 27,64,36,575 18,37,21,875

Note : 10 Cash & Cash Equivalent ` `Sr.


(A) Cash‐in‐Hand1 Cash Balance 59,12,036 6,49,069

Sub Total (A) 59,12,036 6,49,069 (B) Bank Balance1 Bank Balance 1,23,10,630 3,77,07,626

Sub Total (B) 1,23,10,630 3,77,07,626

Total in ` { A+B} 1,82,22,666 3,83,56,695



Note : 11 Short Term Loans and Advances ` `Sr.


(A) Advance Payment to Suppliers1 Balance of Advance Payment to Suppliers ‐ { As per List Attached } 2,15,61,060 64,63,201

(B) Other Short Term Advances1 Balance of other Short Tem Advances ‐ { As per List Attached } ‐ ‐

Total in ` 2,15,61,060 64,63,201

Note : 12 Other Current Assets ` `Sr.


1 Pre ‐ Operative Expense to be written off 15,076 22,596 2 TDS Receivable 23,55,647 1,67,837 3 NSC Interest Receivable 21,605 21,605 4 Public Issue Expenses to be written off 10,05,697 15,08,546 5 Advance from Creditors ‐ 37,67,296 6 Other Current Assets 6,48,588 6,48,588 7 GST recivable 80,29,460 ‐ 8 Prepaid Expenses 2,79,226 ‐ 9 VAT Receivable 23,81,625 10 Custom Duty 7,56,98,767

Total in ` 9,04,35,691 61,36,468

Note : 7 Fixed Asset ` `

Value at the beginningAddition during the

year

Deduction

during the

year

Value at the end Value at the beginningAddition during the

year

Deduction

during the

year

Value at the end WDV as on 31.03.2018 WDV as on 31.03.2017

(I) Property, Plant and Equipments

Air Conditioner 18,93,141 1,51,000 ‐ 20,44,141 8,21,139 2,44,498 ‐ 10,65,637 9,78,504 10,72,002 Computer & Printer 42,99,019 2,17,492 ‐ 45,16,511 34,53,908 4,35,034 ‐ 38,88,942 6,27,569 8,45,111 Electricals & Fittings 16,09,275 ‐ ‐ 16,09,275 6,74,612 1,35,152 ‐ 8,09,764 7,99,511 9,34,663 Furniture & Fixutures 23,04,327 8,586 ‐ 23,12,913 13,43,119 2,53,936 ‐ 15,97,055 7,15,858 9,61,208 Office Equipment 6,05,689 14,500 ‐ 6,20,189 3,73,600 47,880 ‐ 4,21,480 1,98,709 2,32,089 Plant & Equip, for Refilling 67,42,235 ‐ ‐ 67,42,235 26,50,581 8,39,633 ‐ 34,90,214 32,52,021 40,91,654 Process Tank 22,14,866 ‐ ‐ 22,14,866 7,43,770 3,27,197 ‐ 10,70,967 11,43,899 14,71,096 Lancer Car 1,20,000 ‐ ‐ 1,20,000 99,918 6,657 ‐ 1,06,575 13,425 20,082 Mercidize Car 2,98,595 ‐ ‐ 2,98,595 2,45,376 18,380 ‐ 2,63,756 34,839 53,219 Shed 50,29,377 ‐ ‐ 50,29,377 11,03,315 3,95,912 ‐ 14,99,227 35,30,150 39,26,062 Storage Tank 54,96,986 ‐ ‐ 54,96,986 28,51,777 5,75,038 ‐ 34,26,815 20,70,171 26,45,209 TV Purchase 51,600 ‐ ‐ 51,600 36,617 6,753 ‐ 43,370 8,230 14,983

(ii) Intangible Assets ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐

(iii) Capital Work in Progress ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐

Total in ` 3,06,65,110 3,91,578 ‐ 3,10,56,688 1,43,97,732 32,86,070 ‐ 1,76,83,802 1,33,72,886 1,62,67,378


Sr.

NoParticulars

Gross Block Depreciaton Net Block

Note : 13 Revenue from Operations ` `Sr.


1 Sales 5,14,37,16,250 3,42,93,87,156

Total in ` 5,14,37,16,250 3,42,93,87,156

Note : 14 Other Income ` `Sr.


1 Interest Income 9,41,002 2,47,500 2 Other Income 35,52,545 9,10,464 3 Job Work Income 11,45,751 30,50,592

Total in ` 56,39,298 42,08,556

Note : 15 Cost of Material Consumed ` `Sr.


a) PURCHASES OF RAW MATERIALS AND STORES

1 Purchase 5,02,05,19,529 3,38,98,83,502

Sub‐total (a) 5,02,05,19,529 3,38,98,83,502

b) DIRECT/PRODUCTIONS EXPENSES

1 Labour Charges 1,13,46,383 24,09,062 2 Packing , Freight and Forwading 95,02,599 3,62,09,301

Sub‐total (b) 2,08,48,982 3,86,18,363

Total in ` 5,04,13,68,511 3,42,85,01,865

Note : 16 Change in Inventories ` `Sr.


1 Opening Stock 18,38,56,555 8,86,21,664 2 Closing Stock 16,40,33,988 18,38,56,555

Total in ` 1,98,22,567 (9,52,34,891)

Note : 17 Employement Benefit Expenses ` `Sr.


1 Salary Expenses 91,51,070 50,73,459 2 Directors Remuneration 18,38,500 18,63,500

Total in ` 1,09,89,570 69,36,959

OASISTRADELINKLIMITEDNotes Forming Part of the Profit & Loss Accounts as at 31st March, 2018

OASISTRADELINKLIMITEDNotes Forming Part of the Profit & Loss Accounts as at 31st March, 2018

Note : 18 Financial Cost ` `Sr.


1 Bank and other processing Charges 76,40,396 20,74,322 2 Bank Interest 1,20,65,263 1,05,48,674 3 Finance Charges 1,58,91,427 1,06,49,985

Total in ` 3,55,97,086 2,32,72,981

Note : 19 Depreciation & Amortised Cost ` `Sr.


1 Depreciation 32,86,070 39,15,275

Total in ` 32,86,070 39,15,275

Note : 20 Other Administrative Expenses ` `Sr.


1 Audit Fees 75,000 70,000 2 Advertisement Expense 1,71,83,559 2,90,25,873 3 Electricity Expense 9,32,316 4,98,377 4 Insurance Expense 21,48,524 47,398 5 Office & Factory Expense 1,11,34,674 63,50,573 6 Professional Fees 34,11,615 17,73,388 7 Preliminary Exp written off 5,10,369 5,10,369 8 Municipal Tax 81,181 2,29,411 9 Travelling Expense 13,44,817 7,40,630 10 Rent Expense ‐ Office & Factory 9,97,088 8,46,185 11 Depository & Listing Expense 3,41,650 3,80,172

Total in ` 3,81,60,793 4,04,72,376

Significant Accounting Policies and Notes forming parts of

Accounts

NOTES ON ACCOUNTS 1. Previous year’s figures are regrouped/rearranged wherever necessary. 2. Depreciation has been provided on fixed assets on written down value method in

accordance with the useful life specified in Schedule II to the Act, 3. Provision for Taxation for the current year has been made after taking into

consideration benefits admissible under the provisions of the Income Tax Act, 1961. 4. The balances of Loans and Advances are subject to their confirmation and

reconciliation if any. 5. All the Opening Balances are taken as per previous year audit report. 6. Contingent liability in respect of claims against the company not acknowledged as debts

against which the company has counter claims aggregating to Rs. is Nil. 7. In the opinion of the Board, the current assets, loans and advances are approximately of

the value stated in the Balance sheet, if realized in the ordinary course of business. 8. Information pursuant to paragraph 3, 4, 4B, 4C, and 4d of Part II of the schedule VI is

given as under so far as it applies to the company.

a) Payment to Statutory Auditors

Current Year Previous Year 1. Audit Fees 75,000 70,000 9. The balances of Debtors, Creditors are subject to their confirmation and reconciliation if any 10. Cash, Stock and Fixed Assets are not physically verified and stated as per books of account and represented by management. 11. No advance tax has been paid on the profit declared.

12. There is no adjustment required to be made to the profits or loss forcomplyingwithICDSnotifiedu/s145(2).

DisclosureasPerICDSmentionedbelowICDS NameofICDS Disclosure1 Accounting

PoliciesTherearenochangesinAccountingPolicies.

2 ValuationofInventories

AslowerofthecostorNetRealizablevalue

3 ConstructionContract

N.A.

4 RevenueRecognition

Revenueisrecognizedwhenthereisreasonablecertaintyofitsultimatecollection

5 TangibleFixedAssets

TheFixedAssetsAreRecordedatActualCost.CostofAssetsIncludeExpensesIncurredforbringingtheAssetsPuttouse.

6 EffectofChangeinForeignExchangeRates

Effecthasbeenalreadygiveninaccountsforchangesinexchangerateatclosuredate.

7 GovernmentGrants

N.A.

8 Securities N.A.9 BorrowingCosts N.A.10 Provisions,

ContingentLiability&Assets

Therearenosuchchanges.

For , Dhaval Padiya & Co. Chartered Accountants

For, and on behalf of the Board of Directors of Oasis Tradelink Limited


(DIRECTOR) (DIRECTOR)

(CA.Dhaval Padiya) Menezes Olga Vincentpaul

M No. :‐ 146291 (DIRECTOR)

Firm Reg. No.: 140653W

PLACE: AHMEDABAD PLACE: AHMEDABAD

DATE: 30/05/2018 DATE: 30/05/2018

DISCLOSURE OF SIGNIFICANT ACCOUNTING POLICIES

A. BASIS OF PREPARATION OF FINANCIAL STATEMENTS

The financial statements have been prepared in accordance with the generally accepted accounting principles in India under the historical cost convention on accrual basis. These financial statements have been prepared to comply in all material aspects with the Accounting Standards notified under Section 211 3(C) [ Companies (Accounting Standards ) Rules,2006, as amended and the other relevant provisions of the Companies Act 2013.

B. FIXED ASSETS Fixed Assets are valued at cost less depreciation as certified by management.

C. DEPRECIATION

Depreciation has been provided on fixed assets on written down value method in accordance with the useful life specified in Schedule II to the Act,

D. INVENTORY Closing Stock is taken as certified by the Management. The same is valued at cost or

Net Realizable Value whichever is less. E. RETIREMENT BENEFITS As certified by the management, the company has no liability under the Provident

Fund & Super Annuation Fund Act as the said acts do not apply to the company. It is explained to us that the company does not provide for any leave encashment and

any liability arising thereon shall be paid and dealt with in the books of accounts at the actual time of payment.

F. REVENUE RECOGNITION Sales are accounted exclusive of taxes.

G. INVESTMENTS Long Investments are carried at cost less provision for permanent diminution if any

in the value of such investment.

H. BORROWING COSTS Borrowing costs are charged to the Profit and Loss A/c in the year in which they are

incurred. I. CONTINGENT LIABILITIES As certified by the Management, there is no contingent liability on the company and

all known and estimated liabilities have been provided for in the books of accounts. J. APPLICABILITY OF AS-22 In compliance with the Accounting Standard 22 (AS-22) “Accounting for Taxes on

Income” issued by the Institute of Chartered Accountants of India, company has created Deferred Tax Asset of Rs. 95494/- in the current year.

K. APPLICABILITY OF AS - 18 In accordance with the requirements of Accounting Standard -18 (AS – 18)

“Related Party Transactions” issued by the Institute of Chartered Accountants of India, the following company is considered as Related Party as defined in AS –18:

Name of Party 2017-18 Relationship Nature of Transaction Snehal B. Patel 15,00,000 Director Remuneration Menezes Olga Vincentpaul

3,02,500 Director Remuneration

Sankar Bhagat 36,000 Director Remuneration L. FOREIGN CURRENCY TRANSACTIONS There are no such foreign currency transactions during the year.

M. C I F VALUE OF IMPORT RAW MATERIALS NIL

N. EXPENDITURE IN FOREIGN CURRENCY NIL

O. EARNING PER SHARE The Earning per Share (AS-20) has been computed as under :

(a) Profit after tax Rs.1,30,951/- (b) No. of Equity Share In No. 1,08,74,636 (c) Nominal value of share Rs. 10 Per Share

(d) Earning Per Share Rs.0.02/- Per Share

For , Dhaval Padiya & Co. Chartered Accountants

For, and on behalf of the Board of Directors


(WHOLE TIME DIRECTOR) (DIRECTOR)

(CA. Dhaval Padiya) Menezes Olga Vincentpaul

M No. :‐ 146291 (DIRECTOR)

Firm Reg. No.: 140653W

PLACE: AHMEDABAD PLACE: AHMEDABAD

DATE: 30/05/2018 DATE: 30/05/2018

Registered Office: 1st Floor, "Maruti House", Opp. Sales India, Off Ashram Road, Ahmedabad 380009

Email- [email protected] MoNo- 079-65151501 / 9033041501 Website: www.oasistradelink.in

22nd Annual General Meeting – Saturday, 29th September, 2018

ATTENDANCE SLIP

Folio No. /Client Id:

Name of Shareholder:

Address of Shareholder:

I, hereby record my presence at the Annual General Meeting of the Company to be held on Saturday, 29th September, 2018 at 02.00 PM at 1ST FLOOR, "MARUTI HOUSE", OPP. SALES INDIA, OFF ASHRAM ROAD, AHMEDABAD 380009

_____________________ Signature of the Member Notes:

A. Only Member/Proxy can attend the meeting. No minors would be allowed at the meeting.

B. Member/Proxy who wishes to attend the meeting must bring this attendance slip to the meeting and hand over at the entrance duly filled in and signed.

Member/Proxy should bring his/her copy of the Notice of Extraordinary General Meeting for reference at the meeting.



Registered Office: 1st Floor, "Maruti House", Opp. Sales India, Off Ashram Road, Ahmedabad 380009

Email- [email protected] MoNo- 079-65151501 / 9033041501 Website: www.oasistradelink.in

Form MGT-11 PROXY FORM

[Pursuant to section 105(6) of Companies Act, 2013 and rule 19(3) of Companies (Management and Administration) Rules, 2014]

22nd Annual General Meeting – Saturday, 29th September, 2018

Name of the shareholder(s):___________________________________________________________ Registered Address:_________________________________________________________________ E-mail ID:_______________________ Folio No ./Client Id :_________________ DP ID :__________ I/We, being member(S) of OASIS TRADELINK LIMITED, holding _________ share of the company, hereby appoint A: Name_______________________________________________________________________________ Address: _____________________________________________________________________________ E-mail ID: ___________________________________________ Signature: ________________________ Or failing him/her B: Name_______________________________________________________________________________ Address: _____________________________________________________________________________ E-mail ID: ___________________________________________ Signature: ________________________ Or failing him/her C: Name_______________________________________________________________________________ Address: _____________________________________________________________________________ E-mail ID: ___________________________________________ Signature: ________________________ Or failing him/her As my/our proxy to attend and vote (on poll) for me/us, on my/our behalf at the 22nd Annual General Meeting of the Company to be held on – Saturday, 29th September, 2018 at 2.00 PM at 1ST FLOOR, "MARUTI HOUSE", OPP. SALES INDIA, OFF ASHRAM ROAD, AHMEDABAD 380009 And/or at any adjournment thereof in respect of such resolutions as are indicated below: Resolution No.

Resolution VOTING

ORDINARY BUSINESS FOR AGAINST 1. To receive, consider and adopt Audited Financial Statement of

the Company for the financial year ended on March 31st, 2018 together with Report of Board of Directors and Auditors’ Report thereon.

2. To Appoint a Director in place of Mrs. Menezes Olga Vincentpaul (DIN: 02030682), who retires by rotation in terms of Section 152(6) of the Companies Act, 2013 and, being eligible, offers himself for re-appointment.



3. To Appoint M/s. PARTH SHAH AND ASSOCIATES., Chartered Accountant, Ahmedabad (FRN: 144251W) as statutory auditor and fix their remuneration in consultation with the Board and in this regard to pass the following resolution as an Ordinary Resolution:

SPECIAL BUSINESS 4. To Appoint Mr. Rajasekharan Krishnan Nair (DIN: 08189673)

as Independent Director of the Company.

Signed this…… day of……… 20…. Signature of shareholder Signature of Proxy holder(s) Note: This form of proxy in order to be effective should be duly completed and deposited at the Registered Office of the Company, not less than 48 hours before the commencement of the Meeting.

ROUTE MAP TO THE VENUE OF THE ANNUAL GENERAL MEETING

1ST FLOOR, "MARUTI HOUSE", OPP. SALES INDIA, OFF ASHRAM ROAD, AHMEDABAD 380009