VERB DANCE STUDIO PRIVATE LIMITED

CIN: U74999KA2018PTC109899

NOTICE

Shorter Notice is hereby given that the Fourth Annual General Meeting of the members of VERB
DANCE STUDIO PRIVATE LIMITED will be held on Friday, 30 th September 2022 at 10:00 AM at its
registered office situated at No 3800/20/4, Axis Praha, Bilekahalli Village, Begur Hobli, Bangalore,
Karnataka- 560076, India, to transact the following business:

ORDINARY BUSINESS:

1. To consider and adopt the Audited Financial Statements for the financial year ended 31 st
March, 2022 and the Reports of the Board of Directors and Auditors thereon:

To pass with or without modification(s), the following resolution as an Ordinary Resolution:

“RESOLVED THAT the audited Balance Sheet of the Company as at 31 st March 2022 and the
Profit and Loss Account of the Company for the financial year ended on that date, together
with the Schedules and Notes attached thereto, along with the Reports thereon of the
Directors and the Auditors, as circulated to the Members and laid before the Meeting, be
and are hereby approved and adopted.”

“RESOLVED FURTHER THAT any of the Director of the Company be and is hereby
authorized to sign all the e-forms for giving necessary effect for this resolution.”

2. To ratify the appointment of the Statutory Auditors of the Company to hold office from the
conclusion of this Annual General Meeting until the conclusion of the 6 th Annual General
Meeting:

To pass with or without modification(s), the following resolution as an Ordinary Resolution:

“RESOLVED THAT pursuant to the provisions of section 139 and other applicable
provisions, if any, of the Companies Act, 2013 and rules made thereunder, the appointment
of M/s. TEJUS AND RAVIKIRAN, CHARTERED ACCOUNTANTS (having a Firm Registration
No.- 013418S) as the Statutory Auditors of the Company, be and is hereby ratified and
approved by the members of the Company to hold office on and from the conclusion of this
Annual General Meeting till the conclusion of the 6th Annual General meeting, for a
remuneration to be mutually discussed between the board and the Statutory Auditor on an
annual basis.”

RESOLVED FURTHUR THAT any one of the Director be and is hereby authorized to do all
such acts, things and deeds as may be required to give effect to the aforesaid resolution. ”

Regd Office Address: No 3800/20/4, Axis Praha, Bilekahalli Village, Begur Hobli, Bangalore, Karnataka-
560076, India ; Email Id: bharath@theverbstudio.com; Mob No.:___________
 VERB DANCE STUDIO PRIVATE LIMITED
CIN: U74999KA2018PTC109899

By the order of the Board of Directors

For VERB DANCE STUDIO PRIVATE LIMITED

KOZHAPPALLUR ILANGOVAN BHARATH KUMAR JOTHI RAJA

Director Director
DIN: 07991582 DIN: 07991654

Date:
Place: Bangalore

NOTES:

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

A PROXY TO ATTEND AND VOTE INSTEAD OF HIMSELF AND A PROXY NEED NOT BE A
MEMBER. A person can act as a proxy on behalf of members not exceeding fifty and holding
in the aggregate not more than ten percent of the total share capital of the Company
carrying voting rights. A member holding more than ten percent 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 person or shareholder.
2. A proxy in order to be valid, must be signed, dated, properly stamped and deposited either
in person or through the post so as to reach the Company at its Registered Office at least 48
hours before the commencement of the meeting.
3. Attached is a Proxy Form with instructions for filling, stamping, signing and depositing the
Proxy Form.
4. Corporate members are requested to send a duly certified copy of the Board resolution
authorizing their representative to attend and vote at the meeting.
5. Members/Proxies should fill in the attendance slip for attending the meeting and carry the
same to the meeting.
6. 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
7. Quorum of the Annual General Meeting shall be in accordance with provisions the
Companies Act, 2013.
8. The Statutory Registers of the Company shall be available for inspection by the members of
the Company at Registered office of the Company during business hours 10:00 A.M. to 06:00
P.M. (except Saturday and Sunday) up to the date of Annual General Meeting and will also

Regd Office Address: No 3800/20/4, Axis Praha, Bilekahalli Village, Begur Hobli, Bangalore, Karnataka-
560076, India ; Email Id: bharath@theverbstudio.com; Mob No.:___________
 VERB DANCE STUDIO PRIVATE LIMITED
CIN: U74999KA2018PTC109899

be available during the Annual General Meeting.

9. The documents of the Company will be sent in Electronic form to those members who have
registered their e-mail address with the company. The Company will further continue to
send all such documents by electronic mail/in electronic form which members may kindly
note. However, in case a member wishes to receive physical copies of the said documents,
he is requested to send an e-mail to the concerned officers of the Company by quoting his
Folio number and Email id. Members who have not registered their e-mail addresses so far
are requested to register their e-mail address for receiving all communication including
annual report, notices, circulars, etc. from the Company electronically.

By the order of the Board of Directors

For VERB DANCE STUDIO PRIVATE LIMITED

KOZHAPPALLUR ILANGOVAN BHARATH KUMAR JOTHI RAJA

Director Director
DIN: 07991582 DIN: 07991654

Date:
Place: Bangalore

Regd Office Address: No 3800/20/4, Axis Praha, Bilekahalli Village, Begur Hobli, Bangalore, Karnataka-
560076, India ; Email Id: bharath@theverbstudio.com; Mob No.:___________
 VERB DANCE STUDIO PRIVATE LIMITED
CIN: U74999KA2018PTC109899

ABRIDGED DIRECTORS’ REPORT

To,
The Members
VERB DANCE STUDIO PRIVATE LIMITED
CIN: U74999KA2018PTC109899

Your Directors take immense pleasure in presenting the Fourth Annual Report of the Company
together with the Audited financial statements for the year ended 31 st March, 2022.

1. FINANCIAL HIGHLIGHTS

The financial highlights for the year 2021-2022 are as given below:-

For the period For the period

(01 April 2021 - (01 April 2020 -
Particulars 31st March 2022) 31st March 2021)

(In Rs) (In Rs)

Total revenues
Total expenditure
Earnings before interest,
depreciation and
amortization
Less: Interest
Less: Depreciation and
Amortization
Earnings before tax
Current Tax
Deferred tax
Earnings after tax

2. STATE OF COMPANY’S AFFAIRS

The Company is engaged in the business of providing customers with a platform, in the physical
and/or electronic form, through the means of facsimile, electronic-mail (email), internet, intranet,
e-commerce, m-commerce and/or any other means, to enable transactions of hiring of all types of
fleet taxis, cars or any other motor vehicles for consideration, commission, service fee, insertion fee
and to act as a platform, consultant, agent and service provider in India and outside India.

Regd Office Address: No 3800/20/4, Axis Praha, Bilekahalli Village, Begur Hobli, Bangalore, Karnataka-
560076, India ; Email Id: bharath@theverbstudio.com; Mob No.:___________
 VERB DANCE STUDIO PRIVATE LIMITED
CIN: U74999KA2018PTC109899

There has been no change in the nature of business of your Company during the financial year
ended 31st March, 2022.

3. CHANGE IN DIRECTORSHIP

There has been no change in the constitution of Board during the year under review i.e. the
structure of the Board remains the same.

4. BOARD’S COMMENT ON THE AUDITORS’ REPORT

The observations of the Statutory Auditors, when read together with the relevant notes to the
accounts and accounting policies are self-explanatory and do not call for any further comment.

5. MEETINGS OF BOARD OF DIRECTORS

For the financial year 2021-2022, your Board of Directors duly met for 5 (Five) times.
Sl. No. Date of meeting Total No. of No. of Directors % of Attendance
Directors on the attended
Date of Meeting

6. WEB LINK OF ANNUAL RETURN, IF ANY

The company’s website is in development stage hence the Annual return of the company cannot be
uploaded. However the company would send the Annual return to all its members upon filing the
same with the jurisdictional ROC.

7. MATERIAL CHANGES AND COMMITMENTS

There has been no material changes and commitments affecting the financial position of the
Company occurred between the end of the financial year to which this financial statement relates
and the date of this report.

Regd Office Address: No 3800/20/4, Axis Praha, Bilekahalli Village, Begur Hobli, Bangalore, Karnataka-
560076, India ; Email Id: bharath@theverbstudio.com; Mob No.:___________
 VERB DANCE STUDIO PRIVATE LIMITED
CIN: U74999KA2018PTC109899

8. DETAILS OF SIGNIFICANT AND MATERIAL ORDERS PASSED BY THE REGULATORS, COURTS

AND TRIBUNALS

No orders were passed by the Regulators or Courts or Tribunals, during the year under review that
would impact the going concern status and company’s operations in future.

9. DIRECTOR’S RESPONSIBILITY STATEMENT

To the best of our knowledge and belief and according to the information and explanations
obtained by us, your Directors make the following statements in terms of Section 134(3)(c) of the
Companies Act, 2013:

a) In the preparation of the annual financial statements for the year ended March 31, 2022, the
applicable Accounting Standards had been followed along with proper explanation relating to
material departures.

b) For the financial year ended March 31, 2022, such accounting policies as mentioned in the Notes
to the financial statements have been applied consistently and judgments and estimates that are
reasonable and prudent have been made so as to give a true and fair view of the state of affairs of
the Company and of the Profit/Loss of the Company for the year ended March 31, 2022.

c) That proper and sufficient care has been taken for the maintenance of adequate accounting
records in accordance with the provisions of the Companies Act, 2013 for safeguarding the assets of
the Company and for preventing and detecting fraud and other irregularities.

d) The annual financial statements have been prepared on a going concern basis.

e) That proper internal financial controls were followed by the Company and that such internal
financial controls are adequate and were operating effectively.

f) That proper systems to ensure compliance with the provisions of all applicable laws were in
place and that such systems were adequate and operating effectively.

10. DETAILS IN RESPECT OF FRAUDS REPORTING U/S 143(12) BY AUDITOR

The Auditors of the Company have not reported any fraud as specified under the second proviso of
Section 143(12) of the Companies Act, 2013.

ACKNOWLEDGMENT

Your Directors wish to thank the Management, employees and other stakeholders of VERB DANCE
STUDIO PRIVATE LIMITED, for the continuous guidance and support received by them.

Regd Office Address: No 3800/20/4, Axis Praha, Bilekahalli Village, Begur Hobli, Bangalore, Karnataka-
560076, India ; Email Id: bharath@theverbstudio.com; Mob No.:___________
 VERB DANCE STUDIO PRIVATE LIMITED
CIN: U74999KA2018PTC109899

By the order of the Board of Directors

For VERB DANCE STUDIO PRIVATE LIMITED

KOZHAPPALLUR ILANGOVAN BHARATH KUMAR JOTHI RAJA

Director Director
DIN: 07991582 DIN: 07991654

Date:
Place: Bangalore

Regd Office Address: No 3800/20/4, Axis Praha, Bilekahalli Village, Begur Hobli, Bangalore, Karnataka-
560076, India ; Email Id: bharath@theverbstudio.com; Mob No.:___________