Comfort Intech

COMPANY PROFILE

Overview		Board Of Directors		CSR

Overview

Comfort Intech Limited (CIL) was originally incorporated as public Limited company in the name of Comfort Finvest Limited on 17th October, 1994 subsequently the name of company was changed to Comfort Intech Limited and a fresh Certificate of Incorporation was obtained on 24th March, 2000. Currently, the company is engaged in the business of trading goods including but not limited to fans, fabrics, water heater and monoblock pumps on the e-commerce marketplace platforms and the immediate suppliers of the marketplace platforms. Further, the Company vide Postal Ballot Result dated March 02, 2019, altered Main Object Clause of Memorandum of Association of the Company to facilitate the Company to enter into business areas and to carry on the business as distillers, manufacturers, procurers, importers, exporters, agents, brokers, suppliers, processors, vendors, bottlers, distributors, stockists, dealers, godown keepers, C&F Agents, delcredere agents, marketers, merchandisers, wholesalers of all types of spirits, whether rectified or otherwise, including India Made Foreign as well as Country, Beverage and others similar products.

About Comfort Group

The Comfort Group was founded by Mr. Anil Agrawal (CA, ICWA) in 1994. Since inception the group has clear focus on customer first attitude, ethical & transparent business practices, cost effective financial solutions, research based value investing and implementation of cutting edge technology that has enabled it to forge ahead as a one stop financial solution provider. Today, the group is a well diversified financial services organisation offering a range of financial products and services through its group companies.

Comfort group have made available all the essential platforms like BSE, NSE, MCX, MCX-SX, Merchant Banking (Category 1) and Non Banking Finance Activities covering primary market, investment solution, debt services, capital markets, equity, derivatives, currency derivatives, depository services (CDSL), project financing, wholesale financing and other segments to the clients community.

The five companies representing Comfort Group are Comfort Intech Limited, Comfort Fincap Limited, Comfort Securities Limited, Comfort Commotrade Limited & Luharuka Media & Infra Limited.

Comfort Fincap Limited

The Company is primarily focused in providing inter corporate loans, personal loans, loans against shares & securities, loans against properties, Mortgage Loans, Home Loans, trading in shares & securities and arbitrage business in stock and commodity market. The Company has positioned itself between the organized banking sector and local money lenders, offering the customers competitive, flexible and timely lending services.

Comfort Securities Limited

The Company's core business areas are capital market segment, future & option market segment & investment advisory services. CSL has started its operations in the year 2007 and acquired membership of BSE, NSE, MCX-SX and also registered itself to provide Merchant Banking & Depository Services of CDSL.

Comfort Commotrade Limited

The Company is currently engaged in the business of commodity broking. It is the member of MCX and NCDEX. It offers trading in many commodities such as bullion (gold, silver), energy (crude oil, natural gas), metals, food grains (rice, maize), spices, oil and oil seeds and others. The company can carry on the business of buying, selling and trading in all kind of commodities and shares.

Luharuka Media & Infra Limited

The Company is a NBFC company. LMIL’s primary focus is providing inter corporate loans, personal loans, loans against shares & securities, loans against properties, Mortgage Loans, Auto / Home Loans, trade financing, bills discounting, trading in shares & securities. Since the Company is an NBFC it is now developing to position itself between the organized banking sector and local money lenders, offering the customers competitive, flexible and timely lending services.

Board Of Directors

A brief profile of all the Directors of the Company, the nature of their expertise in specific functional areas, the names of the public companies (other than foreign companies, Section 8 companies and private companies that are not subsidiaries of a public company) of which they hold directorships in the company as on March 31, 2016 are given below:

Mr. Anil Agarwal, CEO (DIN: 06408167) , Education: CA, ICWA.
With over 30 years of experience, Mr. Anil Agarwal serves as the CEO of Comfort Intech Ltd. He is the visionary founder of Comfort Group, a conglomerate renowned for providing a diverse range of financial services to both retail and institutional clients.
Mr. Agarwal's extensive experience and deep-rooted understanding of the industry have been pivotal in shaping Comfort Group's journey towards success. Under his guidance, the organization has flourished, establishing itself as a trusted name in the financial sector.
As CEO, Mr. Agarwal continues to drive innovation and excellence, ensuring that Comfort Intech Ltd. remains at the forefront of the industry, delivering unparalleled services and value to our clients. Together, under the leadership of Ankur Agarwal and Anil Agarwal, Comfort Intech Ltd. is poised for continued growth and success, guided by a shared commitment to excellence, integrity, and client satisfaction.

Mr. Ankur Agrawal,Chairperson (DIN: 06408167) , Education: BCOM, CA, CFA, Gen LLB, MBA from ISB.
An integral part of Comfort Group, Mr. Ankur Agarwal brings a wealth of experience and expertise to the helm as the Chairperson. With a dynamic educational background and as a prominent figure in the industry, he is dedicated to propelling the organization to new heights.
As a visionary leader and promoter of Comfort Group, Mr. Agarwal is committed to driving innovation and implementing modern strategies that leverage technology to enhance operations. His goal is to expand our market presence, foster client-centric services, and lead Comfort Intech Ltd. into a dynamic era of growth.
Drawing from over a decade of experience and a strong educational foundation, Mr. Agarwal's leadership has been instrumental in the multi-fold growth of our organization since his inception into the business.

Mr. Devendra Lal Thakur (DIN: 00392511) , aged 60 years is a Non-Executive-Independent Director of the Company. He is a fellow member of ICAI and Partner in KDA Strategic Advisors LLP. He has more than 30 years of experience in the field of Commerce, Finance, Audit and Accounts. As an Independent Director of the Company and Chartered Accountant by profession, he contributes on the financial aspect and brings value addition to the Company.

Mr. Milin Jagdish Ramani (DIN: 07697636) , aged 27 years is Non-Executive Independent Director of the Company. Mr. Milin Ramani is an Associate Member of the Institute of Company Secretaries of India (ICSI) and has sound experience of more than 4 years in the field of secretarial and other requisite regulatory compliances with various statutory bodies. Further, he is an Independent and Non-Executive Director on the Board of various Companies including listed entities in India. He always has endeavors to adopt the best practices and the highest standards of Corporate Governance through transparency in business ethics and accountability for the benefit of the shareholders and other stakeholders at large. As a Director of the Company Mr. Milin Jagdish Ramani contributes on the compliance and Corporate Governance aspect and brings in value addition to the Company.

Mrs. Apeksha Santosh Kadam (DIN: 08878724) , aged 38 years is Executive Woman Director of the Company. She has studied Master of Business Administration from National Institute of Management (NIM). As a Director of the Company, she contributes on the compliance and Corporate Governance aspect and brings in value addition to the Company.

CSR

Corporate Social Responsibility (CSR)

For us in the Comfort Group, business priorities co-exist with social commitments to drive holistic development of people and communities at large. We believe in making a difference in the life of undeserved communities & disadvantageous section of the society. We firmly believe in the concept of trusteeship. This encourages us to help & evaluate the quality of life of millions, especially the disadvantaged sections of the society. Corporate Social Responsibility (CSR) is embedded in the long term business strategy of the Company.

Arising from this our focused areas that have emerged is Education, Health care, Sustainable livelihood, and espousing other social causes.

Brief outline of the company's CSR Policy

In accordance with the CSR Policy of your Company, the CSR initiatives would be focused around the following identified thrust areas for channelizing the resources on a sustained basis:

• Health & Hygiene: Your Company believes in "Salubrity for all" and is committed to promote Health & Hygiene in the areas it operates.Your Company has contributed for construction of Public Toilets under Hon'able Prime Ministers Mission of "Swachh Bharat Abhiyaan" and would continue to deliver more of such facilities to communities and other sections of the society.

• Education: Your Company aspires to enormously contribute to improve & facilitate education at various sections of the society. For the same, company provides various scholarships, conducts awareness programs, and undertakes distrubition of books stationery & other education related facilities to the needy.

• Donations: Your Company has also contributes to various NGO's by providing funds to undertake social activities. For the welfare of the community the company through its own Trust namely, Seth Govindram Charitable Trust takes active initiative to promote social, religious and other welfare activities in the society.