Solidus Capital

12/14/2024

04/09/2024

Plan your Business Platter this new Financial year through optimum allocation of funds and resources by right mix of Equity, Debt, Working Capital, Term Loan, Loan against Shares, Loan against Property, Promoters Funding for effective and efficient achievement of Business & Financial goals.
We, as Solidus Capital, Puja Mehta- Corporate Strategist & Compliance Professional helps you in handholding and restructuring of your current financial portfolio by providing the best funding options as above through Banks, Financial Institutions, HNIS and Investors at best competitive rates and conditions.

Feel free to visit : www.soliduscapitals.com OR Discuss with Puja Mehta : +91-8586917908

02/28/2024

Enjoy state of the art "Open & Outdoor Gyms and Play Equipments" in nearby Public and Society Parks.

For details, 9811114900

irani thakur of Women & Child Development projects

02/13/2024

While attending an International Conference, I was introduced to a unique concept of "Feminist governance and operating models". Thus, would like to share this with Indian counterparts, who might be aware of the concept but may be not the literal word used.

The struggle for women’s rights, to overcome gender oppression has long engaged the efforts of inter-governmental and non-governmental organizations. Indian corporates should include it in not just leaders and leadership teams but also organisational structure and processes like participatory decision-making, power sharing and transparency.

These principles will reflect in the experiences of employees too, emphasising trust, inclusivity, equity, respect and belongingness; right from their recruitment, hiring and retention experience. Some of the ways to increase inclusivity and equity includes shifting job descriptions to gender neutral pronouns, reassessing the required number of years of experience for a role, posting salaries, and not inquiring about salary history. These changes don't favour candidates/ genders over others and create opportunities to break cycles of inequity these candidates may have faced in the past.

It covers three international issue areas in which feminists currently seek change: women’s human rights and violence against women; the participation of women in peace-making and their protection during conflict; gendered effects of development, economic and financial governance.

Organisations should learn to embrace diversity, equity, inclusion and belongingness - they want to see in the world. effectiveness of human rights strategies and gender mainstreaming.

“This road of Equity has started and won’t end soon. Landmark progress is made by just getting started”. Let's all join hands and make this happen gradually for a better Bharat.

of Women & Child Development sitharaman irani modi
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02/09/2024

Further to my earlier post on importance of Corporate Governance, "Paytm Payments Bank" is the biggest instance of failure on Corporate Governance norms.

When the Public issue of Paytm opened in Nov'2021; Paytm's debut rout raised questions around impending initial public offerings (IPO) until-now as valuations come under investor scrutiny.

"Quick growth vis a vis multiple risk and compliance methods that the Bank had to put in place were not found satisfactory by the Regulator. Multiple PANs on single account were made.

RBI found out that Paytm Payments Bank did not monitor payout transactions, didn't carry out risk profiling of entities availing payout services, breached regulatory ceiling of end of the day balance in certain customer advance accounts availing payout services.

In push of business targets and quick growth, non-compliances with regulations are occured. This may lead to penal cost which is far more than the compliance cost. Thus, once non-compliances are incurred, if persistent and ongoing for long, it leads to breaches and fraud. This will taint the brand image and equity earned, resulting in more deeper a loss for the company and Promoters in long run, as happened in the case of Paytm.

secretaries

02/08/2024

In continuation with the last post on "Corporate Governance" (CG), the evil effects of it on corporates are as follows :

Biggest eg: BJYU's, PTC & Satyam's non-compliance in CG norms led the bubble burst and stakeholders lost a huge sum.

(i) Non-disclosures and non-compliance of CG is on account of violation of laws and regulations and impose serious business loss as huge as Rs. 5,000/- per day penalty by SEBI, till the date it is complied with.

(ii) Serious reputational loss

(iii) Shakes Investor's confidence and prevents future investments

(iv) Non disclosures lead to "Whipsaw stocks", where a stock's price moves in one direction and then quickly changes and moves in the opposite direction.

(v) Overvaluations of financials and business projections leads to rising NPAs, which cause financial damage to the Co. in long run and also hit to economy.

(vi) Companies that don't co-operate with Auditors OR scrupulously don't select Auditors with appropriate scale, result in publication of spurious or non-compliant financial documents.

(vii) Poorly structured Boards, make it too difficult for shareholders to oust ineffective incumbents

Usually, enhanced due diligence by Stakeholders (Investors & Regulators) compel Indian corporates to follow corporate governance. But Corporates should be self-imposed and self regulated.

secretaries #

02/17/2023

SEBI acknowledged the role of CS by giving importance to Practising Company Secretaries (PCS). Another feather in the cap of CS.

Investment Manager of INVITs & REITs need to submit a Secretarial Compliance Report signed by a PCS with the Stock Exchanges, within 60 days of the end of FY.

So, what do you think, in today's scenario, this step will give another Philip to CS profession...

# real estate accountant secretaries

10/12/2022

Situation of Corporates

# corporate and compliance professional # ask Avi Arya corporation secreataries accountants

09/07/2022

I found it very interesting, when I discovered business celebrities kicking off their weekends by interviewing ordinary people who do extraordinary things, regardless of their circumstances.

In doing so, they learnt about the future of their cities, healthcare, education, work space, travel, privacy, small business and economy and uncover life lessons that we can apply to help them to get to where they need, want and deserve to go.

These life learnings help them in understanding the mindset of people and analysing the needs of their customers and what solutions they aspire.

secretary