[ANNUAL REPORT-2018-19]

34TH ANNUAL GENERAL MEETING

CONFIDENCE FUTURISTIC ENERGETECH LIMITED

CIN:L74110DL1985PLC021328

SATURDAY, THE 28TH DAY OF SEPTEMBER, 2019 AT 11.00 A.M.

FLAT 515-A-6, BHIKAJI CAMA PLACE, NEW DELHI, DL - 110066

[CONFIDENCE FUTURISTIC ENERGETECH

LIMITED]

CFEL-ANNUAL REPORT - 2018-19 - INDEX

SR. NO. PARTICULARS PAGE NO.

01 Corporate Information 1

02 Notice of Annual General Meeting 2

03 Board’s Report and Annexure 7

04 Certificate On Director's Non-Disqualification 28

05 Declaration by MD 29

06 Certificate of MD CEO CFO 30

07 Standalone Financial Statement 31

08 Proxy Form 56

INDEX

CFEL-ANNUAL REPORT - 2018-19 - CORPORATE INFORMATION

CORPORATE INFORMATION

CONFIDENCE FUTURISTIC ENERGETECH LIMITED

PARTICULARS DETAILS

CIN L74110DL1985PLC021328

DATE OF INCORPORATION 26/06/1985

REGISTRATION NO. 021328

REGISTERED OFFICE ADDRESS FLAT 515-A-6, BHIKAJI CAMA PLACE, NEW DELHI, DL – 110066.

CORPORATE OFFICE ADDRESS 404, Satyam Apartment, 8 Wardha Road, Dhantoli, Nagpur, MH –

440012.

WEBSIT www. globeindustrials.com

E- MAIL ID cs@confidencegroup.co/ www. globeindustrials@gmail.com

TEL. NO. (0712) 6652083, 7304320190

1FAX -

BOARD OF DIRECTORS Mr. Venkateshwar Parne Reddy

Ms. Vandana Gupta

Mr. Nitin Punamchand Khara

Mr. Nishant Jagat Bhandari (Appointed w.e.f. 18/04/2019)

Mr. Jarugula Siva Prasad

Mr. Vaibhav Dedhia Pradeep

COMPANY SECRETARY &

COMPLIANCE OFFICER

Ms. Prity Bhabhra

STATUTORY AUDITORS M/s. Ganesh Adukia & Associates, Mumbai.

REGISTRAR & SHARE TRANSFER

AGENT

Skyline Financial Services Pvt. Ltd.

Unit:D-153A, 1st Floor, Okhla Industrial Area, Phase I, New Delhi,

Delhi - 110020 011 - 64732681/ 88

virenr@skylinerta.com/ admin@skylinerta.com

CORPORATE INFORMATION

1

CFEL-ANNUAL REPORT - 2018-19 - NOTICE OF ANNUAL GENERAL MEETING

NOTICE is hereby given that the Thirty Fourth (34th) Annual General Meeting of the Members of

CONFIDENCE FUTURISTIC ENERGETECH LIMITED (CIN:L74110DL1985PLC021328) will be held on

Saturday, the 28th day of September, 2019 at 11.00 A.M. at FLAT 515-A-6, BHIKAJI CAMA PLACE,

NEW DELHI, DL - 110066 to transact the following businesses :-

ORDINARY BUSINESS:

Item No. 1 – Adoption of Financial Statements:

To receive, consider and adopt the Audited Standalone Financial Statements of the Company for the

Financial Year ended 31st March, 2019 and the Reports of the Board of Directors and the Auditors

thereon.

Item No. 2 – Re-appointment of Director retiring by rotation:

To appoint a Director in place of Mr. Venkateshwar Parne Reddy (DIN:06446233) who retires by

rotation, and being eligible, offers himself for re-appointment.

By the order of Board

Place: Nagpur Confidence Futuristic Energetech Limited

Dated: 02/09/2019 SD/-

Nitin Khara

(Director)

NOTES:

1. The explanatory statement pursuant to section 102 of the Companies Act, 2013, which sets out details

relating to special business at the meeting, is annexed hereto.

2. The book closure for the purpose of share transfers shall commence from 22/09/2019 to

28/09/2019 (both days inclusive) for annual closing.

3. A MEMBER ENTITLED TO ATTEND AND VOTE AT THE MEETING IS ENTITLED TO APPOINT A

PROXY TO ATTEND AND VOTE INSTEAD OF HIMSELF AND THE PROXY NEED NOT BE A MEMBER.

4. A PROXY FORM IS ENCLOSED. PROXIES IN ORDER TO BE EFFECTIVE MUST BE RECEIVED AT THE

REGISTERED OFFICE OF THE COMPANY NOT LESS THAN 48 HOURS BEFORE THE MEETING.

5. A PERSON CAN ACT AS PROXY ON BEHALF OF MEMBERS NOT EXCEEDING FIFTY (50) AND

HOLDING IN THE AGGREGATE NOT MORE THAN TEN PERCENT OF THE TOTAL SHARE CAPITAL OF

THE COMPANY. THE INSTRUMENT OF PROXY IN ORDER TO BE EFFECTIVE, SHOULD 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.

PROXIES SUBMITTED ON BEHALF OF THE COMPANIES, SOCIETIES ETC., MUST BE SUPPORTED BY

AN APPROPRIATE RESOLUTION/AUTHORITY, AS APPLICABLE.

6. To prevent fraudulent transactions, members are advised to exercise due diligence and notify the

company of any change in address or demise of any member as soon as possible. Members are also

advised not to leave their demat account(s) dormant for long. Periodic statement of holdings should be

obtained from the concerned depository participant and holdings should be verified.

7. 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

NOTICE OF 34TH ANNUAL GENERAL MEETING

2

CFEL-ANNUAL REPORT - 2018-19 - NOTICE OF ANNUAL GENERAL MEETING

form are, therefore, requested to submit the PAN to their depository participants with whom they are

maintaining their demat accounts. Members holding shares in physical form can submit their PAN details

to the company.

8 Details under the applicable provisions of SEBI Listing Regulations with the stock exchange in respect

of the directors seeking appointment/re-appointment at the annual general meeting, forms an integral

part of the notice. The directors seeking re-appointment have furnished the requisite declarations for

their re-appointment as Directors.

9. Electronic copy of the annual report for 2018-19 is being sent to all the members whose email ids are

registered with the company/depository participants(s) for communication purposes. For members who

have not registered their email address, physical copies of the Annual Report for 2018-2019 is being sent

in the permitted mode.

10. Members may also note that the notice of the 34th Annual General Meeting and the Annual Report for

2018-19 will also be available on the company’s website www.globeindustrials.com for their download.

The physical copies of the aforesaid documents will also be available at the company’s registered office

and corporate office in Nagpur for inspection during normal business hours on working days. Even after

registering for e-communication, members are entitled to receive such communication in physical form,

upon making a request for the same, by post free of cost. For any communication, the shareholders may

also send requests to the company’s investor email id: cs@confidencegroup.co.

11. E-VOTING

In compliance of the provisions of section 108 of the Companies Act, 2013 and rule 20 of the Companies

(Management and Administration) Rules, 2014, the Company is pleased to provide members the facility

to exercise their right to vote at the Thirty Fourth Annual General Meeting by electronic means and the

business may be transacted through e-voting services provided by Central Depository Services Limited.

The facility for voting through ballot paper shall also be made available at the meeting and members

attending the meeting who have not already cast their vote by remote e-voting shall be able to exercise

their right at the meeting.

The members who have cast their vote by remote e-voting prior to the meeting may also attend the

meeting but shall not be entitled to cast their vote again.

The instructions for shareholders voting electronically are as under:

(i) The voting period begins on Wednesday, 25th September, 2019 (9.00 A.M. IST) and ends on Friday,

27th September, 2018 (5.00 P.M. IST). During this period shareholders of the Company, holding shares

either in physical form or in dematerialized form, as on the cut-off date of 20th September, 2019 may

cast their vote electronically. The e-voting module shall be disabled by CDSL for voting thereafter.

(ii) Shareholders who have already voted prior to the meeting date would not be entitled to vote at the

meeting venue.

(iii) The shareholders should log on to the e-voting website www.evotingindia.com.

(iv) Click on Shareholders.

(v) Now enter your User ID

a. For CDSL: 16 digits beneficiary ID,

b. For NSDL: 8 Character DP ID followed by 8 Digits Client ID,

c. Members holding shares in Physical Form should enter Folio Number registered with the Company.

3

CFEL-ANNUAL REPORT - 2018-19 - NOTICE OF ANNUAL GENERAL MEETING

(vi) Next enter the Image Verification as displayed and Click on Login.

(vii) 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.

(viii) If you are a first time user 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 (Applicable

for both demat shareho