Extract of Annual Return March 2019

VOLVO CE INDIA PRIVATE LIMITED
CIN No: U29304KA2018FTC114454
Registered Office: Plot no. 7, 8 & 12,
Phase I, Peenya Industrial Area,
Peenya, Bengaluru -560058

Annexure -4

FORM NO MGT-9

Extract of Annual Return as on the financial year ended on 31^st March 2019

[Pursuant to section 92(3) of the Companies Act, 2013 and rule 12(1) of the Companies (management and Administration) Rules, 2014]

I. REGISTRATION AND OTHER DETAILS:

1	CIN	U29304KA2018FTC114454
2	Registration date	03.07.2018
3	Name of the company	VOLVO CE INDIA PRIVATE LIMITED
4	Category /sub-category of the company	Construction Equipment
5	Address of the registered office and contact details	Plot no. 7, 8 & 12, Phase 1, Peenya Industrial Area, Peenya, Bengaluru-560058.
6	Whether listed company Yes/No	No
7	Name, Address and Contact details of Registrar and Transfer Agent, if any	NOT APPLICABLE

II. PRINCIPAL BUSINESS ACTIVITIES OF THE COMPANY

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

Sl. No	Name and Description of main products/services	NIC Code of the Product/service	% to total turnover of the company
1	Manufactured Goods (Road machinery and excavators)	29102 under class 2910	80
2	Traded items (Construction equipment)	45200 under class 4530	20

III. PATICULARS OF HOLDING, SUBSIDIARY AND ASSOCIATE COMPANIES

Sl. No

Name and address of the company

CIN/GLN

Holding/subsidiary/

associate

% of shares held

Applicable Section

Volvo Construction Equipment AB

63185, Eskilstuna, Sweden.

Holding Company

99.99%

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				No of Shares held at the end of the year				% Change during the year
Category of shareholders	Demat	Physical	Total	% of total shares	Demat	Physical	Total	% of total shares
A. Promoters
(1) Indian	NIL	NIL	NIL	NIL	NIL	NIL	NIL	NIL	NIL
(a) (a) Individ ual/ HUF
(b) Central Govt
(c) State Govt(s)
(d) Bodies Corp.
(e) Banks/FI
(f) Any Other
Sub Total (A)(1):	NIL	NIL	NIL	NIL	NIL	NIL	NIL	NIL	NIL
(2) Foreign
(a) NRIs- Individuals
(b) Other-Individuals
(c) Bodies Corp	NIL	10,000	10,000	100	NIL	10,000	10,000	100	NIL
(d) Banks/FI
(e) Any Other
Sub-total(A)(2):-
Total shareholding of Promoter (A)=(A)(1) + (A)(2)	NIL	10,000	10,000	100	NIL	10,000	10,000	100
B. Public Shareholding	NIL	NIL	NIL	NIL	NIL	NIL	NIL	NIL
1. Institutions
(a) Mutual Funds
(b) Banks/FI
(C) Central Govt
(d) State Govt(s)
(e) Venture Capital Funds
(f) Insurance Companies
(g) Flls
(h) Foreign Venture Capital Funds
(i) Others(specify)
Sub-total (B)(1):	NIL	NIL	NIL	NIL	NIL	NIL	NIL	NIL	NIL
2. Non-Institutions	NIL	NIL	NIL	NIL	NIL	NIL	NIL	NIL	NIL
(a) Bodies Corp
(i) Indian
(ii) Overseas
(b) Individuals
(i) Individual shareholders holding nominal share capital upto Rs.1 lakh
(ii) Individual shareholders holding nominal share capitalin excess of Rs.1lakh
(c) Others (specify)
Sub total: (B)(2)
Total Public Shareholding (B)=(B)(1) + (B)(2)	NIL	NIL	NIL	NIL	NIL	NIL	NIL	NIL	NIL
C. Shares held by Custodian for GDRs & ADRs	NIL	NIL	NIL	NIL	NIL	NIL	NIL	NIL	NIL
Grand Total (A+B+C)	NIL	10,000	10,000	100	NIL	10,000	10,000	NIL	NIL

(ii) Shareholding of promoters

Sl.No	Shareholder's Name	Shareholding at the beginning of the year			Shareholding at the end of the year			% Change
		No of shares	% of total shares of the company	% of shares pledged/encumbered total	No of shares	% of total shares of the company	% if shares pledged/encumbered total shares	in shareholding during the year shares
1	Volvo Construction Equipment AB	9,999	99.99%	NIL	9,999	99.99%	NIL	NIL
2	Volvo Construction Equipment BV	1	0.1%	NIL		0.01%	NIL	NIL
	Total	10,000	100%	NIL	10,000	100	NIL	NIL

(iii) Change in Promoter's Shareholding (please specify, if there is no change)

Sl.No		Shareholding at the beginning of the year		Cumulative Shareholding during the year
		No of shares	% of total shares of the company	No of shares	% of total shares of the company
	At the beginning of the year	NA	NA	NA	NA
	Date wise Increase/ Decrease in Promoters Shareholding during the year specifying the reasons for increase/ decrease(e.g; allotment / transfer/bonus/sweat equity, etc):	NA	NA	NA	NA
	At the End of the year	NA	NA	NA	NA

(iv) Shareholding Pattern of top ten Shareholders (other than Directors, Promoters and Holders of GDRs and ADRs):

Sl.No	For Each of the Top 10 Shareholders	Shareholding at the beginning of the year		Cumulative Shareholding during the year
Sl.No	For Each of the Top 10 Shareholders	No of shares	% of total shares of the company	No of shares	% of total shares of the company
	At the beginning of the year	NA	NA	NA	NA
	Date wise Increase/ Decrease in Promoters Shareholding during the year specifying the reasons for increase/ decrease(e.g.; allotment / transfer/bonus/sweat equity, etc):
	At the End of the year (or on the date of separation, if separated during the year)	NA	NA	NA	NA

(v) Shareholding of Directors and Key Managerial Personnel:

Sl.No	For Each of the Top 10 Shareholders	Shareholding at the beginning of the year		Cumulative Shareholding during the year
Sl.No	For Each of the Top 10 Shareholders	No of shares	% of total shares of the company	No of shares	% of total shares of the company
	At the beginning of the year	NA	NA	NA	NA
	Date wise Increase/ Decrease in Promoters Shareholding during the year specifying the reasons for increase/ decrease.
	At the End of the year (or on the date of separation, if separated during the year)	NA	NA	NA	NA

V. INDEBTEDNESS (Rupees in Lakhs)

	Secured loans excluding deposits	Unsecured Loans	Deposits	Total Indebtedness
Indebtedness at the beginning of the financial year		23,294		23,294
(i) Principal Amount		0		0
(ii) Interest due but not paid		0		0
(iii) Interest accrued but not due		23,294		23,294
Total(i+ii+iii)				0
Change in Indebtedness during the financial year		6,484		6,484
Addition		0		0
Reduction due to repayment/pursuant to demerge		0		0
Net Change				0
Indebtedness at the end of the financial year		29,778		29,778
i) Principal Amount		0		0
(ii) Interest due but not paid		0		0
(iii) Interest accrued but not due				0
		29,778	NIL	29,778
Total(i+ii+iii)	NIL	29,778	NIL	29,778

VI. REMUNERATION OF DIRECTORS AND KEY MANAGERIAL PERSONNEL

A. Remuneration to Managing Director, Whole-time Directors and /or Manager:

Sl.No	Particular of Remuneration	Name of MD/WTD/Manager Total Amount
		Mr. Dimitrov Krishnan, MD
1	Gross Salary (a) Salary as per provisions contained in section 17(1) of the Income Tax Act, 1961 (b) Value of perquisites under Section 17(2) Income-tax Act, 1961 (c) Profits in lieu of salary under section 17(3) Income-tax Act, 1961	1,77,95,838 29,700 NIL	1,77,95,838 29,700 NIL
2	Stock option	NIL	NIL
3	Sweat Equity	NIL	NIL
4	Commission	NIL	NIL
	- as% of profit	NIL	NIL
	-others, specify..	NIL	NIL
5	Others, please specify	NIL	NIL
	Total(A)	1,78,25,538	1,78,25,538
	Ceiling as per Act	NA	NA

B. Remuneration to other directors:

Sl.No

Particulars of Remuneration

Name of Directors

Total Amount

Independent Directors

Fee for attending Board committee meetings
Commission
Others, please specify

Total(1)

Others Non-Executive Directors

Fee for attending Board committee meetings
Commission
Others, please specify

Total(2)Total (B) = (1+2)
Total Managerial Remuneration

Overall Ceiling as per the Act

Mr. Tan Sin Tiah

NIL

NIL
NIL

NIL

Mr. Andrew Knight

NIL

NIL
NIL

NIL

Ms. Ho Yuet Mei

NIL

NIL
NIL

NIL

Mr.B Indushekar

NIL

NIL
NIL

NIL

Mr. M V Joseph

NIL

NIL
NIL

NIL

NIL
NIL

NIL

C. Remuneration to key managerial personnel other than MD/Manager/WTD

(Amount in Rupees)

Sl. No	Particulars of Remuneration
		CFO	Company Secretary	Total
1	Gross Salary (a) Salary as per provisions contained in section 17(1) of the Income Tax Act, 1961 (b) Value of perquisites under Section 17(2) Income-tax Act, 1961 (c) Profits in lieu of salary under section 17(3) Income-tax Act, 1961	Murali Iyer 17,72,877 9,900	NA
2	Stock option	NIL	NIL	NIL
3	Sweat Equity	NIL	NIL	NIL
4	Commission	NIL	NIL	NIL
	- as% of profit	NIL	NIL	NIL
	-others, specify.	NIL	NIL	NIL
5	Others, please specify	NIL	NIL	NIL
	Total	17,82,777	NIL	17,82,777

VII. PENALITIES/PUNISHMENT/COMPOUNDING OF OFFENCES:

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	NIL	NIL	NIL	NIL	NIL
Punishment	NIL	NIL	NIL	NIL	NIL
Compounding	NIL	NIL	NIL	NIL	NIL
B. DIRECTORS
Penalty	NIL	NIL	NIL	NIL	NIL
Punishment	NIL	NIL	NIL	NIL	NIL
Compounding	NIL	NIL	NIL	NIL	NIL
C. OTHER OFFICERS IN DEFAULT
Penalty	NIL	NIL	NIL	NIL	NIL
Punishment	NIL	NIL	NIL	NIL	NIL
Compounding	NIL	NIL	NIL	NIL	NIL