ANNUAL REPORT 2018-2019

ANNUAL REPORT

2018-2019

CONTENTS

 Notice

 President’s Message

 Board of Directors Report

 Managing Committee

 MC Meeting Details for the year 2018-2019

 Other Committees

 Training Programs organized During 2018-2019

 Important Events during 2018-2019

 ALEAP Credit Guarantee Association (ACGA)

 Center for Entrepreneurs Development (CED)

 Atal Incubation Centre ALEAP Women Entrepreneurs Hub (AIC ALEAP We-Hub)

 Women Entrepreneurs International Trade & Technology Hub (WITH)

 ALEIZONE

 Auditor’s Report & Balance Sheet for the year 2018-2019

ANNUAL REPORT 2018-2019

NOTICE

Notice is hereby given that 25th Annual General Meeting of Association of Lady Entrepreneurs of (ALEAP) will be held on Monday, 30th September, 2019 at 02.00 P.M at ALEAP Industrial Estate, Gajularamaram, Pragathi Nagar Road, OPP: JNTU, , , R.R. District to transact the following Businesses:

ORDINARY BUSINESS:

1. To receive, consider and adopt the audited accounts of the company for the year ended 31st March, 2019 and the reports of the Directors and Auditors thereon.

2. Auditor’s Appointment To consider and if thought fit, to pass, with or without modification, the following resolution as an ordinary Resolution: “RESOLVED THAT pursuant to the provisions of Section 139(1) and all other applicable provisions of the Companies Act, 2013, and the Rules made there under, M/s. Nataraja Iyer and Co (having ICAI Firm Regn No. 002413S) , Chartered Accountants, Hyderabad who have offered themselves for re-appointment and have confirmed their eligibility in terms of the provisions of Section 141 of the Companies Act, 2013 and Rule 4 of Companies (Audit and Auditors) Rules, 2014 be and are hereby re-appointed as the Statutory Auditors of the Company to hold office from the conclusion of the this 25th Annual General Meeting to the conclusion of the 30th Annual General Meeting of the Company subject to ratification of the appointment by the Members at every Annual General Meeting held after this Annual General Meeting at such remuneration as may be determined by the Board of Directors of the Company."

Place: Hyderabad By and Order of the Board of Directors Date: 11.09.2019 For Association of Lady Entrepreneurs of India

Sd/- Smt. V. Sreedevi Director & Honorary Secretary DIN: 06989823

Notes: Members are requested to bring their Annual Reports posted for the Annual General Meeting.

ANNUAL REPORT 2018-2019

PRESIDENT MESSAGE

Dear Members

The year 2018-19 focussed on sustainability of our women entrepreneurs. ALEAP has taken lot of initiatives to bring inclusiveness and sustainability. Towards this endeavor, ALEAP had a vision to become a catalyst to provide a total ecosystem for our members. Initiatives which were taken up this year are: ALEAP We- Hub (Women Entrepreneurs hub), which is an incubation for empowering women Startups. It is a collaborative program designed to help women startups to succeed in their enterprises. This initiative is supported by Atal Innovation Mission (AIM), NITI Aayog, Govt of India under Atal incubation mission. Another program is Alezone, an online marketing platform for women entrepreneurs, which enables marketing access and networking among women entrepreneurs. This platform identifies and addresses the needs of women in the small sector and makes them more Competitive, thus identifying them in the global market.

ALEAP also works very closely with institutions like CFTRI, CIPET, BIRAC, IIPT and multilateral agencies to help members in accessing technology, providing vital information and promoting joint venture collaborations to improve trade and investment. The concept of industrial parks is well understood by our members. The demand for more infra-structure facilities pertaining to women entrepreneurs, has led to setting up of green industrial parks in Andhra Pradesh and , with the support of State and Central Govt.

Empowering women through Skill Development is another inititiative taken up by ALEAP, during this year. To increase women’s participation in the workforce and entrepreneurship, ALEAP laid emphasis on various job roles aligned to industry 4.0, like artificial intelligence, 3D printing, Data Analytics, and livelihood skills like garmenting, food processing, health care, etc. Bridging the divide, women’s economic empowerment is a tool for achieving gender equality.

In India, enhancing women’s access to technology and ICT, which can create a emerging market of Connected women who can avail business oppurtunities. As a result, members are able to access finance and obtain higher incomes, thus benefiting their families and society. As these programmes and anecdotes show that success will hinge on collaboration between Stakeholders ranging from Govt ministries to educational institutions and public enterprises and private sector. In the end, Indian women themselves will have to play a key role in claiming space for themselves as entrepreneurs. Let us pledge to increase women’s participation in realizing higher levels of growth and Development for India that is more inclusive and sustainable.

With Best Wishes Thank you

SD/- K. Rama Devi President, Association of Lady Entrepreneurs of India ANNUAL REPORT 2018-2019

BOARD REPORT

Dear Members,

Your Directors have pleasure in presenting this 25th Annual Report on the affairs of the Company together with the Audited Statement of Accounts for the year ended on 31st March, 2019.

1. OPERATING RESULTS OR PERFORMANCE OF THE COMPANY:

The company’s revenue from operations during the year under review was Rs. 145.14 lakhs (Previous year Rs 150.74 lakhs). The Company has excess of expenditure over income amounting to Rs. 115.04 lakhs (Previous year excess of expenditure over income Rs. 12.32 lakhs).

2. DETAILS OF THE DIFFERENT COMMITTEES AND THEIR MEETINGS

MANAGING COMMITTEE (BOARD) MEMBERS FOR THE YEAR 2018-2019

OFFICE BEARERS:

. SMT. K.RAMA DEVI - PRESIDENT . Smt. B VIJAYA LAKSHMI - VICE PRESIDENT . Smt. V. SREEDEVI - SECRETARY . Smt. N.SWAROOPA RANI - JOINT SECRETARY . SMT.B.KAVITHA - TREASURER

OTHER MEMBERS

 Smt. P.JYOTHI RANI  Smt. K.PADMAJA PRABHAKAR  Smt. A. DURGA BHAVANI  Smt. B.SAILAJA  Smt. Y.TRIPURAMBA  Smt. U. PADMAVATHI  Smt. T.PALLAVI JOSHI  Smt. C RAJANI  Smt. M LAKSHMI  Smt. B PADMAVATHI ANNAPURNA  Smt. K SRI MAHALAKSHMI

ANNUAL REPORT 2018-2019 DETAILS OF THE MANAGING COMMITTEE (BOARD) MEETINGS HELD DURING 2018-2019

10 MC Meetings were held during 01st April, 2018 to 31st March 2019. The following are the dates of the meetings:

 30.04.2018 ------ 26.05.2018 ------ 25.06.2018 ------ 07.07.2018 ------ 24.07.2018 ------ 31.08.2018 ------ 24.09.2018 ------ 29.10.2018 ------ 28.11.2018 ------ 05.02.2019 ------

Details of the Attendance of MC (Board) Members for the Year 2018-2019 (1st April 2018 – 31st March 2019)

Sl. Name of the Total No. of MC No. of meetings No. MC Member meetings held Attended by the during the tenure of MC Members the member 1 SMT. K.RAMA DEVI 10 10 2 Smt. B VIJAYA LAKSHMI 10 08 3 Smt. V. SREEDEVI 10 08 4 Smt. N.SWAROPA RANI 10 10 5 SMT.B.KAVITHA 10 10 6 Smt. P.JYOTHI RANI 10 10 7 Smt. K.PADMAJA PRABHAKAR 10 10 8 Smt. A. DURGA BHAVANI 10 09 9 Smt. B.SAILAJA 10 08 10 Smt. Y.TRIPURAMBA 10 09 11 Smt. U. PADMAVATHI 10 09 12 Smt. T.PALLAVI JOSHI 10 03 13 Smt. C RAJANI 04 04 14 Smt. M LAKSHMI 04 03 15 Smt. B PADMAVATHI ANNAPURNA 04 03 16• Smt. K SRI MAHALAKSHMI 04 04

ANNUAL REPORT 2018-2019 DETAILS OF OTHER COMMITTEES

 AIC ALEAP WE-HUB : Mrs. K Rama Devi – Chairperson  Women Entrepreneurs International Trade & Technology Hub (WITH) :Dr. Sheela Bhide, IAS – Chairperson, Mrs. P. Jyothi Rani – Vice Chairperson  News Letter : Mrs. P. Jyothi Rani - Editor  Skill Development : Mrs. K Padmaja – Chairperson  Marketing, Exhibitions, International Exhibitions : Mrs. B Sailaja – Chairperson

LAND COMMITTEE  ALEAP Industrial Estate, Gajularamaram, IALA, ALEAP Mrs. B Vijaya Lakshmi – Chairperson, Mrs. G Karuna – Vice Chairperson, Mrs. B Kavitha – Secretary, Mrs. U Padmavathi – Joint Secretary, Mrs. K Sri Mahalakshmi - Treasurer  ALEAP Industrial Estate, Vijayawada - Mrs. K Kanaka Durga – Chairperson  ALEAP Industrial Estate, Nandigama  ALEAP Industrial Estate, Rajahmundry Mrs. A Durga Bhavani – Chairperson  ALEAP Industrial Estate, Nellore  ALEAP Industrial Estate, Visakhapatnam

Representation of ALEAP on the Governing Body of Centre for Entrepreneurship Development (CED):

 Smt. K. Rama Devi (President)  Smt. B Vijaya Lakshmi (Vice President)  Smt. Y.Tripuramba (Secretary)  Smt. P.Jyothi Rani  Smt. B. Kavitha  Smt. C Rajani  Smt. B Padmavathi Annapurna  Smt. K Sri Mahalakshmi  Smt. K Mohana

Representation of ALEAP on MC (Board) of ACGA

 Mrs. K Rama Devi (President)  Mrs. U Padmavathi (Vice President)  Mrs. B Kavitha (Secretary)  Mrs. Durga Bhavani Adusumilli  Mrs. Tripuramba Yarlagadda  Mrs. Jyothi Rani Pidikiti  Mrs. Padmaja Prabhakar Kamireddy  Mrs. Sailaja Bander ANNUAL REPORT 2018-2019  Mrs. Sarada Konda  Mrs. Mohana Kota

ABOUT PROGRAMS

2nd Batch of 3 day Village Level Entrepreneurship Development programme

Association of Lady Entrepreneurs of India (ALEAP) has organised 1st batch of 3 day Village Level Entrepreneurship Development programme from 27.06.18 – 29.06.2018 at ALEAP Industrial Estate, Gajularamaram, Pragathi Nagar, Kukatpally, Hyderabad in collaboration with Information Technology Electronics & Communications Department (IT E&CD), Government of Telangana.

The main objective of the program was to develop training resource material and human resources capacity to promote self-employment and entrepreneurship among women in Telangana.

ONE DAY WORKSHOP on “LEVERAGE OPPORTUNITIES IN FOOD PROCESSING SECTOR”

Keeping skills and knowledge current is critical in today's rapidly changing and competitive food industry. In this regard, Association of Lady Entrepreneurs of India (ALEAP) has organized a One Day Work Shop on “Leverage opportunities in Food Processing Sector” on 21st April, 2018 at The Kay Hotel, Ramavarappadu Road, Gunadala, Vijayawada, AP from 09.00 AM to 04.00 PM.

The workshop consisted of invited talks from experts and a number of women participants. It has provided an excellent knowledge about new technologies that can be implemented for optimising the results. This brought bring great impetus to the participants on the technologies pertaining to food processing.

One Day Work Shop on “The Role of a Food Safety Supervisor”

Food safety supervisor has become a mandatory requirement in any Food business in our country. Keeping in view of this, Association of Lady Entrepreneurs of India (ALEAP) organized One Day training programme on “The role of a Food Safety Supervisor” in association with the M/s. Parikshan, which is appointed as a lead expert to FSSAI on food safety on 01.06.2018, at the conference hall of the Common facilities Centre, ALEAP Industrial Estate, Gajularamaram, Pragathi Nagar, Hyderabad.

The main objective of the one day training programme was to train the participants as Food Safety Supervisor (FSS). Food Safety Supervisor will be a trained and certified supervisor in ANNUAL REPORT 2018-2019 the Food manufacturing units who will be responsible for carrying out implementation of hygiene standards in their respective units. This FSS in turn will train the employees to implement and maintain good hygiene practices. He will also assist operators to conduct in- house supervision, correct irregularities detected and conduct food hygiene and safety training of food handlers in his organization.

Being the programme was designed for strengthening the units for Food Spoilage, mostly concentrated in Food Safety Supervisor related topics like Activity on Food Spoilage, Reasons of Food Spoilage, Food Safety Management System, Packaging and Labeling requirement, etc by the experts of M/s. Parikshan.

ONE DAY AWARENESS PROGRAM on “Biotech Startup Opportunities – For Aspiring Global Women Entrepreneurs”

The Convention on Biological Diversity (CBD) defines biotechnology as: “Any technological application that uses biological systems, living organisms, or derivatives thereof, to make or modify products for specific use” (Secretariat of the Convention on Biological Diversity, 1992).

Modern biotechnology has three main objectives: Heal the world, Fuel the world and Feed the world. While technology generally aims to create tools to empower humans, Biotechnology aims to change humans and their surroundings, to be a better fit for the world. Biotechnology is the application of advances made in the biological sciences, especially involving the science of genetics and its application. Biotechnology is most important for its implications in human and animal health, medicine, agriculture and food industry.

Association of Lady Entrepreneurs of India (ALEAP) organized a one day awareness program on "Biotech Startup Opportunities - For Aspiring Global Women Entrepreneurs" in association with IKP Knowledge Park, Hyderabad on 11th July 2018 at The Vizagapatam Chamber of Commerce & Industry (VCCI), Visakhapatnam, AP. The Chief Guest for the program was Sri Ganta Srinivasrao Garu, Hon’ble Minister for Human Resources Development, AP and other dignitaries were Smt. Sheela Bhide, IAS, Chairperson, Suryoday Small Finance Bank, , Mrs. Deepanwita Chattopadhyay, Chairperson & CEO, IKP, Hyderabad, Sri Bhubesh Kumar, Director- Food & Agriculture, Research and Innovation Circle of Hyderabad (RICH), IIIT Hyderabad campus, , Hyderabad; Ms. Sharada Rao, Chief Executive Officer and Board, Blackbuck Engineers Pvt. Ltd., Hyderabad; and Dr. Mandar Kulkarni, Ph.D, CSO, Elixsys Inc., Hyderabad along with successful Women Entrepreneur in Bio Technology Ms. Sowjanya Madala, Founder & CEO, Sowjanya Healthcare Solutions, Amaravati, etc.

The objective of the awareness program was to spread awareness on start-up opportunities in biotechnology and biotech enabled services, especially for aspiring women entrepreneurs. The event deliberated on what can be done with the help of biotechnology and showcased success stories of women bio entrepreneurs. Four parallel focused group discussions on ANNUAL REPORT 2018-2019 interests, capabilities, opportunities and challenges of bio enterprises in the domains of agri and food biotech, industrial biotech, medical technology and biopharma was held. The Concluding Session has consolidated the learning’s from the 4 group discussions and had came up with a set of action items on what aspiring entrepreneurs would like to know more about and what could be done to help them pursue their entrepreneurial dream.

Alumniportal Lab “Future of work - Leaving no one behind in a globalised and digital world” Hyderabad, India

In the context of the German engagement for the 2030 Agenda, the Alumniportal Deutschland, a joint project of the Alexander von Humboldt-Foundation, the German Academic Exchange Service (DAAD), the Goethe Institut and the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ), has organized an Alumniportal Lab on the topic “Future of Work – Leaving no one behind in a globalised and digital world” in Hyderabad on 18 July 2018 Trillion Ballroom, The Park, 22, , .

The Lab will bring together Germany-Alumni with local and international experts and stakeholders from Government, NGOs, Academia, Private Sector, Civil Society as well as organisations from International/Development Cooperation who intend to raise awareness on the importance of the above-mentioned topic and enter into dialogue and to discuss challenges and opportunities raised by the advent of new technologies. Furthermore, the event was designed as a platform to share experiences and exchange about innovative ideas and projects on what new ways of work will look like and how inclusive and decent work for all in India can be achieved.

Association of Lady Entrepreneurs of India (ALEAP) being the pioneer addressed on “the Future of Work” mean for studies and training, what are the consequences? etc. The event addressed on How do these global trends and changes, such as globalisation, digitalisation, demographics and the changing expectation of employees affect job markets and policies? How to deal with the challenges and opportunities these megatrends bring, and, above all, how to make sure that everybody can benefit from these changes and nobody is left behind?

One Day Workshop on Marketing Support with Amazon Saheli

The collaboration with Amazon Seller Services Private Limited (Amazon) is to make available the benefits of Amazon's Saheli program to eligible women entrepreneurs/ SHGs/ NGOs ("Artisans") and facilitate listing of Artisans products on www.amazon.in ("Amazon.in").

ALEAP used to conduct periodic training workshops at the centers to provide one–time training to each Artisan to familiarize about the listing process/inventory and order management on Amazon.in.

On 18th July, 2018, ALEAP has organized one day workshop on Marketing Support through Amazon Saheli to women entrepreneurs at ALEAP Industrial Estate, Hyderabad. Around 30 women entrepreneurs along with one trainer from Amazon have participated in this workshop. ANNUAL REPORT 2018-2019 Entrepreneurship skill Development Programmes (ESDPs)

ALEAP has entered into MOU with National Jute Board (NJB) having its head office at Kolkata under Jute Integrated Development Scheme of NJB, Ministry of Textiles, Government of India for carrying out various promotional works that will include arrangement of Basic Training, Advance Training, Design Dissemination and setting up of Training-Cum-Production Centre, Jute Raw material Bank, operation of Retail Outlet in the respective region, particularly in promising areas and targeting mostly women, unemployed youth and Economically Weaker Section (EWS) of the Society. As per this MOU, ALEAP has organized a training of Jute Bag Making for 20 trainees under Jute Integrated Development Scheme of NJB, Ministry of Textiles, Government of India.

ALEAP has also organized a Self Entrepreneurship skill Development Programme (ESDP) on Tie, Dye and Block Printing training for 15 candidates. The valedictory function of both the above said training programs has been organized on 04th August, 2018 at ALEAP Industrial Estate, Gajularamaram, Pragathi Nagar, Kukatpally, Hyderabad and awarded certificates to the trainees of both the programs by the Chief Guests of Valedictory Sri Syed Altaf Hyder Razvi, Secretary, Salar E Millat Educational Trust & Ex. MLC, and Sri Khasim, District Minority Welfare Officer, Hyderabad District, Telangana State after the welcome address by Mrs. K Rama Devi, President, ALEAP. The vote of thanks was presented by Mrs. K Padmaja, Secretary, ALEAP.

On the same day an exposure visit to the units in ALEAP Industrial Estate, Gajularamaram, Pragathi Nagar, Hyderabad was also organized to 130 prospective trainees (Minority Women) from Nasheman Nagar, Baba Nager, and who were trained under District Minority Welfare Officer, Hyderabad District, Telangana under Skill Development Programme.

3rd Batch of 3 day Village Level Entrepreneurship Development programme

Association of Lady Entrepreneurs of India (ALEAP) has organised 03rd batch of 3 day Village Level Entrepreneurship Development programme from 16.08.18 – 18.08.2018 at ALEAP Industrial Estate, Gajularamaram, Pragathi Nagar, Kukatpally, Hyderabad in collaboration with Information Technology Electronics & Communications Department (IT E&CD), Government of Telangana.

The main objective of the program was to develop training resource material and human resources capacity to promote self-employment and entrepreneurship among women in Telangana. The program was inaugurated by Smt. K. Rama Devi, President, ALEAP and Smt. Vara Lakshmi, Deputy Director, Department of IT E&CD, Government of Telangana.

Dr. P. Jyothi Rao, Vice president of ALEAP, Smt. Durga Rani and Smt. G Karuna Managing committee members of ALEAP were also participated in the valedictory function of the programme and distributed certificates to the trainees on 18.08.2018.

ANNUAL REPORT 2018-2019

Inauguration of ALEAP’s Hub & Spoke Model & interaction with Women Entrepreneurs

Association of Lady Entrepreneurs of India has organized an interaction session with women entrepreneurs and industrial exhibition on 7th September 2018 at ALEAP Industrial Estate, Gajularamaram, Pragathi Nagar, kukatpally, Hyderabad. The chief Guest for the occasion, Shri. Arun Kumar Panda, IAS, Secretary to Ministry of MSME, Govt. of India has inaugurated ALEAP’s Hub & Spoke Model along with the exhibition stalls and addressed the women entrepreneurs, bankers and various stakeholders of the program.

Smt. K. Rama Devi, President, ALEAP has addressed on the opportunities that are available for women entrepreneurs and the services that are being provided through ALEAP for the last 25 years.

Several other official dignitaries present and addressed on this occasion were Dr. Chandra Sekhar, Additional Industries Advisor, MSME-DI, Sri.A.V.R.Krishna, Director, CIPET, Sri.S.V.B.N.Rao, DGM, Canara Bank, Sri.Sanjay Jain, DGM SIDBI along with Managing Committee members of ALEAP Smt. K. Padmaja, Secretary ALEAP, Smt. Y.Tripuramba, Secretary,CED, ALEAP. The program was concluded with Vote of thanks presented by Smt. B. Kavitha Rajesh, Treasurer, ALEAP & Secretary, IALA ALEAP.

Elections for the period 2018-2020

24'th Annual General Meeting and 15'th Elections for the period 2018-2020 of Association of Lady Entrepreneurs of India was held on 11th September 2018 at ALEAP Industrial Estate, Hyderabad.

The following members were continued to be in the committee for the year 2018-2020:

1. Smt. P Jyothi Rani 2. Smt. K Padmaja 3. Smt. A Durga Bhavani 4. Smt. N Swaroopa Rani 5. Smt. T Pallavi Joshi 6. Smt. V Sreedevi

The following members were elected in the 15th elections:

Individual:-

1. Smt. U Padmavathi 2. Smt. C Rajani

Institutional:- ANNUAL REPORT 2018-2019 1. Smt. K Rama Devi 2. Smt. Y Tripuramba 3. Smt. B Kavitha 4. Smt. B Sailaja 5. Smt. B Vijaya Lakshmi 6. Smt. M Lakshmi 7. Smt. B Padmavathi Annapurna 8. Smt. K Sri Mahalakshmi

3 Day Food Processing Technology Based Entrepreneurship Development Program

ALEAP is proposing to establish an industrial park exclusively for women at Rajahmundry, AP with an aim of setting up of food processing industrial units by women along with a common facility Centre with the support of Ministry of Food Processing Industries, Government of India.

Keeping in view of above, ALEAP has organized a 3 day Technical training program in Food Processing Sector during 17th - 19th September, 2018 at Samarla Kota of East Godavari District, AP.

The main objective of the 3 day training programme was to train the participants in implementation of hygiene standards in their respective units, Preservation technologies, producing safe dairy products, Licenses required for food processing industry and Innovative technologies in Food processing sector.

The programme was inaugurated on 17.09.2018, at conference hall of the TTDC, Samarla Kota of East Godavari District, AP. Smt. K. Rama Devi, President, ALEAP, Shri. Uma Maheswara Rao, Project Director of MEPMA, East Godavari district, Smt. Smt. Dhruti Devi, Executive Director of CED were participated in the inaugural function and addressed the participants. A total number of 108 women were participated in the programme.

B2B meeting with GIZ

Mr. Per Borjegren, Team Leader, Indo German Vocational Education Training Programme (IGVET) visited ALEAP Industrial Estate, Hyderabad on 19-09-2018 to discuss about the collaboration of ALEAP for the upcoming project on women entrepreneurship.

Mrs. K Rama Devi presented the 25 years journey of ALEAP along with few success stories of women entrepreneurs in ALEAP during the meeting. Ms. Priyanka from GIZ IN, Smt. B. Kavitha Rajesh, Treasurer, ALEAP and Smt. K Sri Mahalakshmi, Managing Committee Member, ALEAP has also participated in the meeting.

Empowerment of Women through enterprises (EWE)

The National Institute for Micro, Small and Medium Enterprise (ni-msme), An organisation of Ministry of Micro, Small and Medium Enterprises,Govt of India has organised 8-weeks ANNUAL REPORT 2018-2019 International Programme i.e "Empowerment of Women through Enterprises (EWE ) at ni- msme campus, Hyderabad.

The eminent programme was supported by Ministry of External Affairs, Govt. of India. 31 Participants from different countries of Africa & Asia have been undergone training for the above said Programme.

As an exposure visit to these 31 international participants along with two officials from ni- msme has visited ALEAP and units in ALEAP Industrial Estate on 01.10.2018 (Monday) from 10.30 A.M to 12.30 P.M. and Smt. K. Rama Devi, President of ALEAP explained the activities of ALEAP and its innovations.

04th Batch of 3 day Village Level Entrepreneurship Development programme

Association of Lady Entrepreneurs of India (ALEAP) has successfully organised 04th batch of 3 day Village Level Entrepreneurship Development programme from 01.10.2018 – 03.10.18 at ALEAP Industrial Estate, Gajularamaram, Pragathi Nagar, Kukatpally, Hyderabad in collaboration with Information Technology Electronics & Communications Department (IT E&CD), Government of Telangana.

The objectives of the program:

. Develop training resource material . Enhance human resources capacity to promote self-employment and entrepreneurship among women in Telangana. . Introduction of Information based learning to enable entrepreneurial learning at village level. . Skill development to initiate and expand entrepreneurship. . Develop business successors as entrepreneurs and sustain the activity. . Create entrepreneur helpline to pass the information.

Free awareness and registration session on Government e-marketplace (GeM)

Association of Lady Entrepreneurs of India (ALEAP) has organised a free awareness and registration session on GeM at ALEAP Industrial Estate, Gajularamaram, Pragathi Nagar, Hyderabad on 04th October, 2019 in association with the team GeM. The Regional Manager, GeM (Government E marketplace) Ministry of MSME, GOI has taken up the session to the participants of the program i.e., women entrepreneurs and start ups.

Government e-Marketplace (GeM), facilitates online platform for the procurement of common use Goods & Services required by various Government Departments / Organisations / PSUs. GeM aims to enhance transparency, efficiency and speed in public procurement. It provides the tools of e-bidding, reverse e-auction and demand aggregation to facilitate the government users, achieve the best value for their money. On GeM platform user can perform their transactions through Paperless, Contactless, Cashless, Transparent and in efficient manner.

It was explained in detail about the benefits of GeM for Sellers: ANNUAL REPORT 2018-2019 1. Direct access to all the Government Departments 2. One stop shop for marketing with minimal efforts 3. New product suggestion facility available to sellers 4. Dynamic pricing -Pricing can be changed on the market conditions. 5. Seller Friendly dash board for selling and monitoring of supplies and payments. 6. Multiple invoice for One order 7. Vendor Assessment System GIZ project on women entrepreneurship

Mr. Julia Karst, Head of Project, Economic Empowerment of Women Entrepreneurs and Start-ups by Women, Deutsche Gesellschaft für, Internationale Zusammenarbeit (GIZ) GmbH, New along with Ms. Nele Wasmuth, Project consultant visited ALEAP Industrial Estate, Hyderabad on 16-10-2018 to discuss about the collaboration of ALEAP for the upcoming project on women entrepreneurship.

He explained that they were working together with the Ministry of Skill Development and Entrepreneurship to provide support and advice to MSDE on how to increase access by women entrepreneurs to government support schemes. They were looking to engage directly with institutions offering support to women entrepreneurs, both in the starting and scale-up phases of their business.

Mr. Julia Karst had a collaborative discussion with Smt. K. Rama Devi, President, ALEAP about the project. Mrs. K Rama Devi briefed about the activities of ALEAP along with few success stories during the interaction. Smt. V Sreedevi, Secretary, ALEAP has also participated in the meeting.

Product India Exhibition - 2018

ALEAP as a part of its marketing support to women entrepreneurs, organized the “Product India Exhibition” at Sesha Sai Kalyanamantapam, Benz circle, Vijayawada during 3rd – 5th November, 2018.

The main objective of this exhibition was to provide marketing support to women who would produce quality products by arranging cost-effective business network and advertising. Since women units cannot invest large sums of money in mass publicity, and only exhibitions would enable them to market their products in front of their buyers at a single place. Consumers were also benefitted in getting the products with reasonable prices as the manufactures were directly exhibiting their products.

The Product India Exhibition – 2018 was inaugurated by the Chief Guest Smt. Nanpamaneni Raj kumari, chairwoman of AP state Women's Commission & Chief Whip, Andhra Pradesh Legislative Council.

Contribution to the Chief Minister's Relief Fund

Mrs. K Rama Devi, President ALEAP on behalf of the ALEAP has joined her hands with Government of Andhra Pradesh in rebuilding the lives of individuals effected by the Cyclone ANNUAL REPORT 2018-2019 Titli. This cyclone has left many of the lives in devastation in the northern coastal regions of Andhra Pradesh. Mrs. K Rama Devi on behalf of ALEAP contributed to the AP Chief Minister's Relief Fund an amount of Rs. 3,00,000/- in words (Rupees Three Lakhs only) & has become a part in their rebuilding their lives on 17.11.2018 at CM chamber, AP along with the members from Vijayawada.

Skill Development Training in Jute Bag Making for women

A one month jute training programme for the mothers of differently abled children has been organised by ALEAP & CED, ALEAP in the premises of National Institute for the Empowerment of Persons with Intellectual Disabilities (NIEPID), Hyderabad on 19.11.2018. This program was sponsored by CANARA BANK in the Honour of Shri Subba Rao Pai, Founder of Canara Bank.

The inauguration of the program was graced by Mrs. B. Vijayalakshmi, Vice-President, ALEAP, Mrs. Y. Tripuramba, Secretary, CED-ALEAP, Mrs. Madhavi, Director(Skill Development), ALEAP, Mr. P V K S N Venu Gopal, Regional Manager, Ranga Reddy Dist., CANARA BANK and Mr. Bhujanga Rao, LBO , , Mr. Ramachandran, HoD, NIEPID, Mr. Srinivasulu, VoC, NIEPID and Mrs. A. Dhruti Devi, E.D, and Mrs. Sunitha.V, Coordinator, CED-ALEAP.

Workshop for Aspiring Women Entrepreneurs

On the occasion of Golden Jubilee Celebrations of “Smt. Kandukuri Rajyalakshmi College for women, Rajamahendravaram, E.G.Dist, AP has organised a “Workshop for Aspiring women Entrepreneurs” by the Entrepreneurship Development Cell of the Department of Commerce at their campus on 29th November, 2018. Dr. N V N Ratna Kumari, M.Sc., M.Phill., Ph.D, Principal of the college has felicitated Mrs. K. Rama Devi, President, ALEAP the Chief Guest for the program for her gracious presence and inspiring speech on women entrepreneurship. Almost 300 students from various colleges have participated in the workshop.

26th FORMATION DAY – Celebrations and Certificates Distribution

ALEAP was founded in the year 1993, and was inaugurated on 18th December by Shri Kotla Vijaya Bhaskar Reddy then Chief Minister of Andhra Pradesh. Since then it became a festival to be celebrated every year. All the Members of ALEAP along with the international participant have attended the Formation Day celebrations on December 18th 2018 with great enthusiasm and the day become a day of Meet & Greet.

This year along with the member’s of ALEAP the Trainees also participated in the celebrations and several competitions and games which were organized ALEAP Industrial Estate. Mrs. B Vijayalakshmi, Vice President, ALEAP appraised the development of the association in the past one year and thanked all the committee members, the chairpersons of the various activities, the staff for their continued service and support. ANNUAL REPORT 2018-2019

Skill Training Program to rural women

ALEAP has entered into an MOU with Andhra Bank, Swarna Bharath Trust, GMRVF Rural Institute of Livelihood on 22.04.2017 for skilling the rural women in Garment making on industrial sewing machine to get the livelihood in Atkuru, Nellore and Munchintal. We have given skill training to 400 women during the 2018-19.

Interaction with officials from Goldman Sachs, USA

Ms. Cristina Shaprio, Vice President, Goldman Sachs, USA visited ALEAP Industrial Estate on 18th December, 2018 for synergy between ALEAP and Goldman Sachs, USA. She emphasized on Goldman Sachs services in investment banking, client services, Lending and Investment management. Mr. Geetha Krishnan has added about the Goldman Sachs program meant for women entrepreneurs. Around 10,000 women will be providing training at IIMB for a period 3 months with a 15 days teaser program which is eventually an Alumni Ambassador program. Mrs. P Jyothi Rani, Vice Chairperson, WITH-ALEAP and Mrs. B Kavitha, Treasurer, ALEAP along with Dr. Zahoorullah. S. MD, Incubation Manager, AIC ALEAP WE-HUB have interacted with the delegates.

Training Programme for the selected Micro Enterprise Community Consultants of Urban Andhra Pradesh

ALEAP has organized a Training Programme for the selected Micro Enterprise Community Consultants of Urban Andhra Pradesh at ALEAP Common facility Centre located in the ALEAP Industrial Estate of Pragathinagar, Hyderabad in collaboration with Mission for Elimination of Poverty in Municipalities (MEPMA), Andhra Pradesh. Under this program ALEAP has trained 290 candidates during the period from 4th Feb 2019 to 1st March 2019 in 4 batches. The main objective of the above programme was to enhance the skills of the Micro Enterprise Consultants (MECCs) regarding EDP & Handholding concepts keeping in view of providing handholding support to the prospective SHG women entrepreneurs as well as existing women entrepreneurs for establishing their new units and profitable sustainability of existing units. MEPMA wants to create a professional base in all municipalities of Andhra Pradesh and make them available in the selected areas for discharging their services to the needy women in setting up of micro enterprises.

Laying foundation stone of ALEAP’s Green Industrial Park at Visakhapatnam, AP

The foundation stone of ALEAP’s Green Industrial Park at Anandapuram, Gidijala, Visakhapatnam, AP was laid on 14th February, 2019 by the Chief Guest, Hon’ble Chief Minister of Andhra Pradesh, Sri Nara Chandrababu Nadiu garu along with other Guests of Honour Sri Ganta Srinivas garu, Hon’ble Minister for Human Resource Development, Government of Andhra Pradesh and Sri Nara Lokesh, Minister for Information Technology, Panchayati Raj and Rural Development in Andhra Pradesh along with ALEAP Managing ANNUAL REPORT 2018-2019 Committee Members for establishment of Women Entrepreneurs Green Industrial Park and Women Entrepreneurs International Trade & Technology Hub (WITH).

Jury Panelist at TiE GRAD Business Idea Tournament

TiE Grad is a globally acclaimed entrepreneurship program for students, and extension of TiE University Challenge which run in 10+ countries and 40+ locations across the world.. During the 2018-19 year program, TiE Hyderabad partnered with 16+ Engineering & Management institutions and introduced Entrepreneurship to over 2600+ students. They have received excellent ideas and business plans from about 119+ teams. On 9th March 2019 they have conducted TiE Grad Business Idea Tournament Grand Finale in which Mrs. K Rama Devi, President, ALEAP was the Jury Panelist at this glittering event and evaluated the finalists to select winners. Through her interaction with students at TiE Grad initiative, she have encourage next generation entrepreneurs to follow their entrepreneurial dreams, inspire them to continue to build, develop on their business idea, which can be the next potential game-changer.

FOLLOWING SKILL DEVELOPMENT PROGRAMS WERE CONDUCTED DURING THE YEAR 2018-2019

S.NO NAME OF THE TRAINING PERIOD OF THE PROGRAM NUMBER OF PROGRAM PARTICIPANTS TRAINED

1 SANITARY NAPKINS(10 ) 24-4-18 TO 3-5-18. 06NO.S DAYS

2 FASHION DESIGNING (45) 11-6-18 TO 26-7-18. 17 NO.S DAYS.

3 JUTE BAGS&ACESSORIES 03-7-18 TO 18-08-18. 15 NO.S

4 TIE &DYE(10 ) DAYS 20-7-18 TO 31-7-18. 13 NO.S

5 JUTE BAGS &ACESSORIES(45 05-9-18 TO 20-10-18. 25NO.S DAYS)

6 DRY WASH (03) DAYS 25-9-18 TO 27-9-18. 18 NO.S

7 CHOCOLATE MAKING ( 03 ) 10 NO.S DAYS

8 TIE & DYE (10) DAYS 28-9-18 TO 08-10-18 13 NO.S ANNUAL REPORT 2018-2019 9 COMPUTER EMBROIDERY(10) 22-10-18 TO 31-10-18. 14 NO.S DAYS

10 DRY WASH (03) DAYS 01-11-18 TO 03-11-18. 16 NO.S

11 MUGGAM WORK (10) DAYS 15-11-18 TO 24-11-18. 8 NO.S

12 DRY WASH (03) DAYS 04-12-18 TO 06-12-18. 21 NO.S

13 FASHION DESIGNING (45) 10-12-18 T0 25-1-19. 10 NO.S DAYS 14 COMPUTER EMBROIDERY(10) 05-12-18 TO 18-12-18. 10 NO.S DAYS 15 TIE&DYE BLOCK 18-2-19 TO 27-2-19. 10 NO.S PRINTING(10) DAYS 16 COMPUTER EMBROIDERY (10) 12-3-19 TO 21-3-19. 17 NO.S

17 JUTE BAGS &ACESSORIES 22-03-19 T0 05 -05-19. 23 NO.S (45) DAYS

Memorandum of Understanding (MoU)

MOU between ALEAP and TPL-US Ltd.

An MoU was signed between ALEAP & TPL-US Ltd represented by Mrs. K. Rama Devi, President, ALEAP and Mr. Tenny Cherian, COO,TPL respectively on 01.08.2018 at ALEAP Industrial Estate for establishing RO plants and TATA Quality Malls to supply the products manufactured by ALEAP members across Telangana, Andhra Pradesh and Karnataka states in India. Mr. H.E.Kutty, Head, SBU, TPL and Mrs. B Kavitha, Treasurer, ALEAP and Mrs. N Swaroopa Rani, Managing Committee Member, ALEAP graced the event.

Awards & Achievements “GreenTec- 2018” Award

Another feather on the cap of ALEAP - an International recognition from the Veolia of GreenTec Awards-2018, Germany.

Achieved the most prestigious “GreenTec- 2018” award as a Best Agency in the area of "Entrepreneurs tackle waste" and won the first prize among 138 nominated countries in the category of Resources & Recycling by Veolia of the GreenTec Awards-2018” at Munich, Germany for its efforts in turning industrial waste into a business opportunity on 13th May, 2018.

ANNUAL REPORT 2018-2019

“WE Reach” Award ALEAP has been recognized as the Best Outreach Partner of WEConnect International in India and honored with the prestigious “WE Reach Award 2018” from Ms. Elizabeth A. Vazquez, President, CEO and Co-Founder of WEConnect International and Mr. Krish Iyer, President & Chief Executive Officer at Walmart India Private Limited on 30th November 2018 during the ThinkBig 2018 event. Smt. K. Rama Devi, President, ALEAP and Smt. B. Kavitha Rajesh, Treasurer, ALEAP had received the award on behalf of ALEAP from Smt. K. Ratna Prabha, IAS, Former Chief Secretary, Government of Karnataka.

“Dare to Dream” Award Achieved “Dare to Dream” Award towards contribution to the growth of MSMEs from ZEE Business on 17th December 2018.

Smt. K. Rama Devi, President, ALEAP, received the award on behalf of Association of Lady Entrepreneurs of India (ALEAP) through the Hon’ble Minister of State for Micro, Small and Medium Enterprises Sri. Giriraj Singh at New Delhi.

INTERNATIONAL DESK

International Women Entrepreneurs Summit - 2018

South Asian Women Development Forum (SAWDF) organized a three day “International Women Entrepreneurs Summit - 2018” with the theme “Equality begins with Economic Empowerment”, from 3rd – 5th September, 2018 in Kathmandu, Nepal.

The main goal of the summit was to bring together women business leaders, professionals, international service providers, resource organizations, relevant sectoral experts, government representatives and other stakeholders from various fields, with a focus on innovative economic transformation through cutting- edge discussions and collaborations.

The summit commenced on 3rd September 2018 with the Inaugural Ceremony. Seven plenary sessions were conducted on wide array of topics such as IT, tourism, e-trade, trade and gender, to name a few, which were based on the theme of the summit- Equality begins with Economic Empowerment. The summit concluded with the Valedictory Session on 5th September 2018.

There were over 150 participants from multiple sectors representing women business leaders, professionals, entrepreneurs, development partners, sectoral experts, policy advocates, government stakeholders, and international organizations. ANNUAL REPORT 2018-2019 Smt. Rama Devi, President of Association of Lady Entrepreneurs of India (ALEAP); and Vice President of SAWDF Chapter India highlighted ALEAP’s aim to empower women through trade and technology. She elaborated on their Green Industrial Park (GIP) initiative, a project that has been operating in many Indian states, providing women with not only employment but also opportunities to further their entrepreneurial dreams. In countries where land is primarily owned by men, women face difficulty in accessing finance without any collateral. The GIP addresses this particular issue by providing properties to women in their names which enable them to retrieve a finance of up to Rs. 2 crores. Among various other benefits presented, Smt. Rama Devi highlighted that the GIP, with its green products and services, provides entrepreneurs with various tax exemption privileges and further encourages them into export businesses. Sharing the success stories of GIP, Smt. Rama Devi urged the audience to look into the possibilities of replicating this project in their respective countries.

“I hope trade brings us to together; trade brings us real economic empowerment”

Dr. P. Jyothi Rao, Vice President of ALEAP shared her experiences of Indian women entrepreneurship scenario with Rt. Honorable Vice President of the Federal Democratic Republic of Nepal, Shri. Nanda Bahadur Pun in presence of dignitaries of International Women Entrepreneurs Summit on 4’th September, 2018 at Kathmandu, Nepal.

During the valedictory session of International Women Entrepreneur Summit-2018 on 5’th September, a letter of Exchange has been signed by Smt. K. Rama Devi, President of Association of Lady Entrepreneurs of India (ALEAP), Ms. Pramila Acharya Rijal, President of South Asian Women Development Forum (SWADF) and Dr. Hashim Hussein, Head, United Nations Industrial Development Organization - Investment and Technology Promotion Office (UNIDO- ITPO).

3 day visit to Women Industrial Park and B2B between ALEAP and AWCCI!

Afghanistan Women’s Chamber of Commerce and Industry (AWCCI) have sent a delegation of 10 women entrepreneurs to Hyderabad to meet ALEAP with the following objectives for a period of three days: 1. Learn how you are running the Women Industrial Park 2. What kind of businesses are run by women 3. Afghan women entrepreneurs to meet their Indian counterparts and explore doing business together.

A 3 day interactive session with Afghanistan Women’s Chamber of Commerce and Industry (AWCCI) was organized by ALEAP from 08th to 10th August, 2018 at ALEAP Industrial estate, Hyderabad. Smt. K. Rama Devi, President, ALEAP, Dr. Radhika Meenakshi, Chief Mentor, AIC ALEAP We-Hub along with other women entrepreneurs of ALEAP have interacted with the AWCCI team about the possibilities of exploring business opportunities. The team came up with interesting features like warehouse, Legal structure online marketing wing and crèche facilities.

ANNUAL REPORT 2018-2019 ALEAP CREDIT GUARANTEE ASSOCIATION

INTRODUCTION:

ALEAP CREDIT GUARANTEE ASSOCIATION (ACGA) came into existence as a well thought out innovation to help smooth flow of credit to the MSME sector and to provide safety net to both MSME Entrepreneurs and financing banks in the form of credit guarantee and financial discipline.

MAIN OBJECTIVES OF ALEAP CREDIT GUARANTEE ASSOCIATION (ACGA)

 Assisting the budding entrepreneurs in their project preparation.  Educating them in understanding the back ward and forward linkages that are required for their enterprises.  Preliminary market survey, likely competition for their proposed products, services, etc.  Mapping market potential vis-à-vis project investment.  Educating them in studying and understanding the technical feasibility and economic viability.  Understanding the financial management, studying financial statements like profit & loss account statement, balance sheet, cash flow statement, etc.  Forwarding the entrepreneur’s project report along with our detailed recommendation letter to the bank for sanction of loans and continuous follow up till loan sanction is accorded/ loan is approved.  Providing assistance in successful running of their enterprises and extending hand holding support to them at various stages in required areas.

Few Members who have availed financial assistance during the year 2018-19 are:

 Mrs. Kankamedala Lakshmi Samrajyam, Proprietor of M/s. Sree Amukta Garments, got sanctioned with Rs. 25,00,000/- under MSME Stand-Up India Scheme for manufacturing of readymade garments.

 Ms. Sujatha, Proprietor of M/s. Akshaya Industries got sanctioned with Rs. 25,00,000/- under MSME Stand-Up India Scheme for food processing.

 Ms. Manjula, Proprietor of M/s. Sparklean got sanctioned with Rs. 19,00,000/- under MSME Stand-Up India Scheme for dry cleaning and complete laundry solutions.s

CENTRE FOR ENTREPRENEURSHIP DEVELOPMENT (CED)

Centre for Entrepreneurship Development (CED), an ISO certified institution was established in 1997 by the Association of Lady Entrepreneurs of India (Formerly known as ALEAP) to create passion and to stimulate entrepreneurial spirits and skills among women and youth to create new Mirco, Small & Medium enterprises. The Centre, having completed 18 years, provides seamless service in promoting entrepreneurship and in providing a pro-business environment to foster the progress of MSMEs towards success and prosperity. It is registered under Societies Act for providing training and development of Mirco, Small & Medium enterprises. ANNUAL REPORT 2018-2019 CED has various milestones in its road travelled as a pioneering institute in the field of Entrepreneurship Development, supporting the MSME sector which is the growth engine of the economy extending a wide range of services including hand-holding, motivating and mentoring.

CED has completed 34 training programs by imparting training to 2005 participants for the year 2018-19.

FOLLOWING PROGRAMS WERE CONDUCTED DURING 2018-2019

Number of Number of SL. Sponsored By Programme Name Programmes Participants No. Conducted Trained National Science & Technology Entrepreneurship Awareness 1 Entrepreneurship Development Camp (EAC) 15 1400 Board (NSTEDB) National Science & Technology Women Entrepreneurship 2 Entrepreneurship Development Development Programme (WEDP) 05 126 Board (NSTEDB) National Science & Technology Faculty Development Programme 3 Entrepreneurship Development (FDP) 03 69 Board (NSTEDB) MANAGE-CED-A.P Agri-Clinics&Agribusiness 4 02 60 Programme Self Entrepreneurship Development 5 03 109 programme TPCDT Industrial garment training 6 02 50 programme CANARA BANK Jute articles manufacturing 7 01 21 training programme Montessorie Mahila Fostering Entrepreneurial pursuits 8 Kalashala,Vijayawada, in Youth 01 120 Krishna Dt. (A.P.) Training Programme under soaps 9 Self detergents at CED campus for 01 25 women Training programme on sauce ,soaps and detergents 10 Self 01 25 manufacturing at Air Force Academy, Exhibition of ALEAP members at 11 Self Airforce Academy

The details of the above programs are as follows:

1. Entrepreneurship Awareness Camp (EAC):

Each Camp is of 3 days duration, conducted with an aim to create awareness among students about various facets of entrepreneurship while highlighting its merits in pursuing ANNUAL REPORT 2018-2019 entrepreneurship as a career option. In each EAC, about 80 students of science streams are exposed to different aspects of entrepreneurship, including opportunity guidance, services offered by agencies of entrepreneurial eco- system. A visit to the industries located in the region is also arranged to bring the students in direct contact with practicing entrepreneurs.

The objective of this programme is to motivate faculty and students of Engineering and Science courses towards entrepreneurship and explore as an alternative career option. Science and Technology graduate/diploma holders or those who are doing their final year diploma/degree in engineering/technology/science studies are only targeted.

2. Women Entrepreneurship Development Programme (WEDP):

A Women Entrepreneurship Development Programme (WEDP) is of 4 weeks duration and aims at training the Science and Technology graduates or diploma holder. The programme content includes class room training on essentials of entrepreneurship survey of the prevalent socio - economic scenario, identification of business opportunities, role and function as well as schemes of assistance offered by various constituents of the support system, preparation of a technically feasible and economically viable project report, Achievement Motivation Training and also the nuances of management of an enterprise. Sessions on technology and finance are also arranged, depending upon the nature of project selected.

3. Faculty Development Programme (FDP):

Faculty Development Programme (FDP) is a 2 weeks programme, which aims at equipping teachers with skills and knowledge that are essential for inculcating entrepreneurial values in students and guiding and monitoring their progress towards entrepreneurial career. The target participants for this programme are Teachers of Science & Technology Colleges/Institutions/Universities and persons from the organisation engaged in entrepreneurship development.

4. MANAGE –ACABC PROGRAM:Vijayawada,A.P

Number of Number of SL. Sponsored Programme Name Programmes Participants No. By Conducted Trained Agri Clinics & Agri Business 1 MANAGE Centre (AC &ABC) Training 2 60 Programmes

Centre for Entrepreneurship Development (CED) is a Nodal Training Institute for the Agri- clinics & Agri-business Centers Scheme sponsored by MANAGE, Ministry of Agriculture, Govt. of India. The objective of the AC & ABC programme is to supplement efforts of public extension by necessarily providing extension and other services to the farmers on payment basis or free of cost as per business model of Agripreneur, local needs and affordability of target group of farmers, to support agricultural development; and to create gainful self- ANNUAL REPORT 2018-2019 employment opportunities to unemployed agricultural graduates, agricultural diploma holders, intermediate in agriculture and biological science graduates with PG in agri-related courses. This is a two months residential programme which consists of many exposure visits aiming to transform persons qualified in the field of agriculture and allied sectors into agri- entrepreneurs. It is an intensive capacity building effort by the NTI faculty in association with locally available experts and successful agri-entrepreneurs.

5. Self Entrepreneurship Development Programme (EDP):

CED also conducts Self EDP, where participants pay their fee and undertake the 12 days EDP programme. The objective of this programme is to inculcate entrepreneurship skill through class room activities and industrial visit. The participants are given training and information pertaining to entrepreneurship. The sessions are handled by experts from different fields which promote and augment entrepreneurial spirit. Information regarding government policies and banking schemes, new technological advances and skills required to start a business is the main focus. The target audience are from any age group, any gender irrespective of any specific educational background.

6. SkillTraining Programme:

CED&ALEAP India conducted Industrial garment training to women at Krishnapatnam. Nellore,A.P sponsored by TATA Projects Community Development Trust(TPCDT).

SLNo: Sponsored By Number of Number of Programme Programmes Participants Name Conducted Trained 1 TPCDT Industrial 2 50 garment training programme

7. Training Programme:

CED&ALEAP India conducted Jute articles manufacturing training was to parents of intellectually disabled children of NIEPID at NIEPID sponsored by CANARA BANK.

SLNo: Sponsored By Number of Number of Programme Programmes Participants Name Conducted Trained 1 CANARA BANK Jute articles 1 21 manufacturing training programme

8. EAC Programme conducted outside CED campus:

ANNUAL REPORT 2018-2019 CED conducts paid programs for students of educational institutions according to their requirements for promoting entrepreneurship.

SLNo: Sponsored By Number of Number of Programme Programmes Participants Name Conducted Trained 1 Montessorie Mahila Fostering Kalashala,Vijayawada, Entrepreneurial 01 120 Krishna Dt. (A.P.) pursuits in Youth

9. ESDP TRAINING PROGRAMME UNDER SOAPS DETERGENTS AT CED CAMPUS FOR WOMEN-1 BATCH

The skill training programme was conducted at CED from 03.09.2018 to 07.09.2018 for 25 participants

10. ESDP TRAINING PROGRAMME AT AFWWA FOR WOMEN-1 BATCH

CED conducted the skill training programme for the wives of officers of AIR FORCE ACADEMY.

11. EXHIBITION CONDUCTED AT AFWWA

CED-ALEAP India in association with the AIR FORCE ACADEMY organized the exhibition for ALEAP members.

ATAL INCUBATION CENTRE ALEAP WOMEN ENTREPRENEURS HUB (AIC ALEAP WE HUB)

“Entrepreneurship with Mind & Heart”

The foundation stone of ALEAP We-Hub was laid by Sri. K. Taraka Rama Rao, Hon’ble Minister for IT, MA & UD, Govt. of Telangana on 14/07/2017 at ALEAP APJ Abdul Kalam Industrial Estate Nandigama.

ALEAP is sanctioned with the prestigious grant from Atal Incubation Mission (AIM), NITI Aayog, Government of India under Established Incubation Centre (EIC) for scaling up of its existing incubation centre i.e., ATAL INCUBATION CENTRE ALEAP WOMEN ENTREPRENEURS HUB (AIC ALEAP We-Hub). The aim of AIC ALEAP We-Hub is to build world class multi sector incubator infrastructure for encouraging innovation and entrepreneurship for start-up ecosystem under single roof in the 10,000 sq.ft. area at ALEAP Industrial Estate, Gajularamaram, Pragathi Nagar, Kukatpally, Hyderabad.

AIC ALEAP We-Hub is providing the state-of-the-art technology and infrastructure to support innovation and incubation in various fields such as Biodegradable Technologies, Biotechnology, Electronics, Food Processing, IT & ITES, Plastic, Solar Power, Textiles & ANNUAL REPORT 2018-2019 Garmenting, 3D Printing, Robotics etc. There is availability of advanced machinery to foster young enthusiastic entrepreneurs in the country.

THE FOLLOWING WERE EVENTS/TRAINING PROGRAMS CONDUCTED DURING THE YEAR 2018-2019

S Name of the Date of the No. of Description No Program Program Participants

First Awareness Program on “Innovative Technologies for Start Ups” has been organised for start-ups at Conference Hall ALEAP Industrial Estate, Pragathi Nagar, Hyderabad with the eminent speakers from: . Dr. H Purushotham, Chairman and Managing Director, National Innovative Research Development Corporation (NRDC), New Delhi 1 27.10.2018 Technologies . Mr. D V Sai Surendra,Business Development, Central Institute of for Start Ups Plastics Engineering & Technology (CIPET),Hyderabad 126 . Mr. L Prashanth, Proprietor, M/s Bamboo House India, Hyderabad Brigadier P Ganesham, VSM (Retd)Founder President, M/s Palle Srujana, Hyderabad

As one of the Outreach Event for creation of awareness about the 03.11.2018 150 Product India innovation, AIC ALEAP We-HUB has put up two stalls in the Product India 2 to Exhibition Exhibition 2018 conducted at Sesha Sai Kalyana Mandapam, Benz Circle, 05.11.2018 2018 Vijayawada, AP

First Screening Committee for selection of innovative Startups for incubation has been organised at The Tourism Plaza Hotel, Hyderabad. Out of the total participants, only 19 innovative startups were got selected by the panel of screening committee: . Sri Jayesh Rajan, IAS,Principal Secretary, Industries & Commerce (I&C) Department, & Information Technology, Electronics and Screening 49 Communications (ITE&C) Department, Government of Committee Telangana, Hyderabad 3 Meeting 24.12.2018 . Mrs. K Rama Devi, President, ALEAP . Mrs. Deepanwita Chattopadhyay, Chairman & CEO, IKP Knowledge Park, Hyderabad . Ms Shobha Dixit, Chairperson CII(Confederation Of Indian Industry) IWN Hyderabad . Prof. Nirmala Apsingikar, Director General, ASCI(Administrative Staff College of India), Hyderabad . Sri V R Sirsath, Deputy Director, MSME –Development Institute, Hyderabad A very interesting innovative projects we're pitched with lots of ANNUAL REPORT 2018-2019 enthusiasm and passion among entrepreneur was seen. Few Managing Committee Members of ALEAP along with ED, CED ALEAP were participated in the screening.

The workshop on IPR Adoption among MSMEs has been organised at conference hall, ALEAP Industrial Estate, Gajularamaram, Pragathi Nagar, Kukatpally, Hyderabad. The sessions of the workshop were on Workshop on 07.01.2019 28 how to file a Patent, Trademark, Service & Collective marks, Industrial 4 IPR Adoption to designs, Copyright and GIs. among 08.01.2019 MSMEs This workshop has also explained in detailed about the process of online filing systems of Patents, Trademarks and copyrights, Industrial designs and GIs as per the guidelines.

On the occasion of International Women’s Day, AIC ALEAP WE-Hub has inaugurated the Biotechnology Unit of Atal Incubation Centre ALEAP We-Hub at ALEAP Industrial Estate, Gajularamaram, Pragathi Nagar, Hyderabad by . The Chief Guest - Ms. Katherine Hadda, Consul General, The U.S. Consulate General, Hyderabad & . The Guest of Honour - Ms. Naina Jaiswal, Successful Sports Star, Inauguration Table Tennis Player, National and International Champion, of 78 Hyderabad, India Biotechnology 06-03- 5 Unit of AIC “International Women’s Day is celebrated every year on March 8, 2019 ALEAP WE- recognizing and appreciating women’s political, economic and social Hub & achievements over the decades and the achievement of women and International strength to fight with whatever comes in her way. Women’s Day AIC ALEAP We-Hub has also honoured few “SHE ACHIEVERS” during the occassion: . Ms. Ragini Ravipati – Director, Mesmara Botanics Pvt. Ltd. . Ms. Jella Paavani, Director, VIE Foods Private Limited . Ms. Shaik Ghousiya Begum, Artisan, M/s. Udayagiri Wooden Cutlery (Social Entrepreneur)

On the occasion of Biotechnology Industry Research Assistance Council - BIRAC’s Foundation Day celebrations our AIC ALEAP We-Hub startups 3 day along with other enthusiastic startups and international delegates has 18.03.2019 workshop on 24 been taken to the exposure visit to following institutions for Knowhow, 6 to exposure Networking, Mentorship and Technology Transfer: 20.03.2019 visits to . PU-NABI cluster, Mohali, Chandigarh & BIRAC, . National Institute of Food Technology Entrepreneurship and NIFTEM, PU- Management (NIFTEM), Sonipat NABI cluster

ANNUAL REPORT 2018-2019

Mentor action program has been organised at ALEAP Industrial Estate, Gajularamaram, Pragathi Nagar, Kukatpally, Hyderabad to the start-ups of AIC ALEAP We-Hub on importance of Mentor's, their Introduction, MEET DA 18 case studies of mentors with different startups, experiences and FIRST DUCK successful outcomes by 7 22.03.2019 . Mr. Bhubesh Kumar, Director, Food & Agri division, RICH, Hyderabad . Dr Sunita B Jones, Toxicologist Specialist consultant in Intellectual Property and buisness startups Allumnus of Stanford Medical School

Awareness Program on “Inventions & Innovations for Enthusiastic start-ups in Food & Life Sciences sectors and MSME’s” has been organised at The Kay Hotel, Vijayawada, A.P with the following eminent speakers: . Sri Chukka Kondaih, OSD, APSSDC, AP . Ms. Smita Kale, PhD, Associate Manager – Incubation, Venture Centre, Pune

. Dr. B. DINESH KUMAR, Scientist 'G' &HoD, Drug Toxicology Inventions & 83 Division, Scientist G, National Institute of Nutrition (NIN) Innovations for Hyderabad Enthusiastic . Sri Raj Kamal, Deputy Manager, NSIC Ltd. Vijayawada 8 start-ups in 26-03-2019 . Mr. M V N Pavan Kumar, Marketing Manager – Exports, Food & Life Best Engineering Technologies Hyderabad Sciences . Dr.MalobikaKaranjai, Scientist-F, Centre for Nano sectors and Materials, International Advanced Research Centre for MSME’s Powder Metallurgy and New Materials (ARCI), Post Balapur, Hyderabad . Dr. Uma Talasila, Director, UVITA Foods & Beverages PVT.LTD, Hyderabad . Mr. Vikram Sankaranarayanan, Director, Borne Technologies Pvt. Ltd., Coimbatore . Dr Zahoorullah S MD, Incubation Manager, Atal Incubation Centre ALEAP We-Hub

ANNUAL REPORT 2018-2019

Training Training program on “Opportunities in Food Processing, Licensing Program on and regulations” - FSSAI was conducted at CED Building, ALEAP “Opportunities Industrial Estate, Gajularamaram, Pragathi Nagar, Kukatpally, 9 in Food 27.03.2019 31 Hyderabad to understand the rules & regulations related to Processing, application procedures, importance of food processing licensing Licensing and and FSSAI approvals for startups in food processing sector. regulations” - FSSAI

Memorandum of Understanding (MOUs)

S No Date of MoU Name of Organisation Research and Innovation Circle of Hyderabad (RICH), T-Hub, International Institute of 1 14.08.2018 Information Technology, Gachibowli, Hyderabad, Telangana – 500 032, Indian Institute of Food Processing Technology (IIFPT) 2 17.08.2018 Pudukkottai Road, Thanjavur - 613 005, Tamil Nadu Biotechnology Industry Research Assistance Council (BIRAC) 3 04.09.2018 (A Government of India Enterprise) 1st Floor, MTNL Building ,9 , CGO Complex, Lodhi Road, New Delhi-110003 National Institute of Food Technology 4 06.09.2018 Entrepreneurship and Management (NIFTEM),Kundli,Sonapet,Haryana The International Crops Research Institute for the 5 12.09.2018 Semi-Arid-Tropics (ICRISAT) headquartered at 502 324, Hyderabad, Telangana National Research Development Corporation (NRDC) ‘Anusandhan 6 16.10.2018 Vikas’, 2022, Zamroodpur Community Centre, Kailash Colony Extension, New Delhi - 110048 Guru Nanak Institutions, Khanapur village, 7 27.10.2018 Ibrahimpatnam Mandal, R.R. District, Hyderabad Gokaraju Rangaraju Institute of Engineering & Technology, 8 22.12.2018 Road, , Kukatpally, Hyderabad- 500090, Telangana State, India. Avanthi Educational Society 3-4-875/A/1, Bus Depot Road 9 24.12.2018 Barkatpura, Hyderabad 500027

ANNUAL REPORT 2018-2019 Anurag Group of Institutions 10 19-02-2019 Venkatapur, , Medchal District, Hyderabad - 500 088 Vidya Jyothi Institute of Technology 11 28-03-2019 Aziznagar Gate, Chilkur Balaji Road, Hyderabad – 500075, Telangana, India Potti Sriramulu Chalavadi Mallikharjuna Rao (PSCMR) College of Engineering & Technology 12 29-03-2019 7-3-6/1, Raghavareddy Street, Kothapeta, Vijayawada- 520001 Andhra Pradesh, India Maris Stella College 13 30-03-2019 NH 16 Service Road, Beside LEPL ICON, RTC Colony, Benz Circle, Vijayawada, Andhra Pradesh 520008 ST. XAVIERS PG COLLEGE, Survey No: 155 & 156, Gopanapally, 14 30-03-2019 Near Back Gate of HCU, , Hyderabad, Telangana, 500107, India.

Women Entrepreneur International Trade & Technology Hub (WITH)

WITH - A One Stop Center for promotion of Intra regional trade potentials in the SAARC region.

Commissioned by:

• ALEAP (Association of Lady Entrepreneurs of India) in collaboration with SAWDF (South Asian Women Development Forum) and Government of India.

• ALEAP formed in 1993 for promoting economic empowerment among women.

• SAWDF formed for socio economic development among member countries.

Beneficiaries:

• Women Entrepreneurs of SAARC & ASEAN countries

Mission

To foster inclusive and sustainable economic growth through trade & technology.

Vision

To create a global village for women entrepreneurs of SAARC & ASEAN countries to market their manufactured products by exploring trade opportunities and encouraging cross country business with arrayed methodology. ANNUAL REPORT 2018-2019 AIM

Aims to improve small business export success in developing countries by providing, sustainable and inclusive trade development solutions to exporters.

Strengthening e commerce related to international trade, and provides capacity building at three levels (training, technology transfer, enterprise creation) to assist developing and transition entrepreneurs to improve the use of trade as a tool for development:.

Training: provides access to information, knowledge transfer and tools that facilitates access to global markets.

Technology transfer: Transfer of new technology from developed to developing countries to foster quality production and to boost their economies.

Enterprise creation: to foster a vibrant, innovative and globally competitive private sector that offers a more diverse array of products and services in sectors that promote job creation and sustainability.

Networking: Networking with women chambers & associations for business development.

CORE AREAS

1. Biotechnology & Life Sciences

2. Agro Processing & Food Processing

3. Information, IT & AI

4. Textiles

5. Electronics & Engineering

6. Handicrafts

7. Environment Friendly Products

ROLE OF WITH

• Establish a common platform for training, workshops, catalogue exhibitions, exhibition of equipment, showcase of products.

• Value addition and overall development of the product.

• Export, import, certifications, licenses for goods & services - related to trade

• Incubation facility in the area of life sciences which includes biotechnology, agriculture and pharma sectors.

• Certificate of origin. ANNUAL REPORT 2018-2019 ALEIZONE

ALIEZONE is an exclusive e-business marketplace that is geared towards promoting women entrepreneurs and giving them a platform to market their products. Although there have been several initiatives launched by Central and State Govts as well as private players and NGOs, it is an undeniable fact that the true potential of the Indian woman’s skills and creativity is largely untapped.

The mission of ALIEZONE is to:

• Empower Indian women, especially from the rural and the semi-urban areas, to be financially independent.

• Give a platform to the woman led Indian businesses, with minimal effort on their part.

• Help Indian women entrepreneurs bring their products to the market in a seamless and hassle-free manner.

• Expose the talent of the Indian women innovators and entrepreneurs in the international arena.

• Give international exposure to the Indian women-led enterprises.

• Put the women entrepreneurs in direct contact with the end-user – without the interference of middle men.

Some of the product lines we have marketed:

• Agri Products – honey, • Food and beverages – spices, pickles (made with organic products) • Apparel – made using natural fabrics like cotton and jute, designed and manufactured in women led businesses that hire predominantly skilled women. • Luggage and Handbags – Jute and fabric based • Home décor – Statues, wall décor, paintings, rugs, photo-frames, office stationary, storage boxes • Furniture – Patio and Garden • Home Linen – stitched, block-prints, woven by women and marketed by woman led businesses • Fashion Accessories – Jute, terracotta, fabric thread work, bead work etc. all made by skilled woman artisans • Skin and Beauty Care – paraben free, ethical, not tested on animals, made with organic ingredients • Solar Products • Appliances & Consumer Electronics

ANNUAL REPORT 2018-2019

DIVIDEND:

As the Company being Section 8 Company, the declaration of dividend is not applicable.

STATUTORY AUDITOR & AUDIT REPORT:

M/s. Nataraja Iyer & Co, Chartered Accountants, Hyderabad (Firm Registration No. 002413S), retire at the conclusion of the ensuing Annual General Meeting and being eligible offered themselves for re-appointment. Your Board recommends the Re-appointment of M/s Nataraja Iyer & Co as the Statutory Auditors of the Company, for another period of five years.

The Company has received letter from them to the effect that their appointment if made would be within the prescribed limit as provided under the Companies Act, 2013.

DEPOSITS

The Company is Section 8 Company. The Company has not accepted any deposits pursuant to the provisions of the Act.

CONSERVATION OF ENERGY, TECHNOLOGY ABSORPTION, FOREIGN EXCHANGE EARNINGS AND OUT GO -NIL

CORPORATE SOCIAL RESPONSIBILITY:

The Company is not required to constitute a Corporate Social Responsibility Committee as it does not fall within purview of Section 135(1) of the Companies Act, 2013 and hence it is not required to formulate policy on corporate social responsibility. However, the company being a Section 8 company, it promotes charitable objects.

DIRECTORS’ RESPONSIBILITY STATEMENT:

Pursuant to the requirement under section 134(3)(C)of the Companies Act, 2013 with respect to Directors’ Responsibility Statement, it is hereby confirmed that:

i. in the preparation of the Annual Accounts for the financial year ended 31st March, 2019, the applicable accounting standards had been followed along with proper explanation relating to material departures;

ii. the directors had selected such accounting policies and applied them consistently and made judgments and estimates that are reasonable and prudent so as to give a true and fair view of the state of affairs of the company as at 31st March, 2019 and of the income and expenditure statement of the company for that period;

iii. the directors had taken proper and sufficient care 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;

iv. the directors had prepared the annual accounts on a going concern basis; and

ANNUAL REPORT 2018-2019

v. the directors had devised proper systems to ensure compliance with the provisions of all applicable laws and that such systems were adequate and operating effectively.

DECLARATION BY THE INDEPENDENT DIRECTORS:

The provisions of Section 149 for appointment of Independent Directors do not apply to the company.

PARTICULARS OF LOANS, GUARANTEES OR INVESTMENTS UNDER SECTION 186:

During the year under review, the Company has not advanced any loans/ given guarantees/ made investments pursuant to section 186 of the Act.

PARTICULARS OF EMPLOYEES:

None of the employee has received remuneration exceeding the limit as stated in rule 5(2) of the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014

EXTRACT OF THE ANNUAL RETURN IN FORM MGT-9:

Pursuant to section 92(3) of the Companies Act, 2013 and Rule 12(1) of the Companies (Management and Administration) Rules, 2014 , the extract of Annual Return is attached as Annexure-A

RELATED PARTY TRANSACTIONS:

Pursuant to clause (h) of sub-section (3) of section 134 of the Act and Rule 8(2) of the Companies (Accounts) Rules, 2014

Particulars of contracts or arrangements with related parties during the year referred to in sub-section (1) of section 188 in Form–AOC-2 is attached as Annexure-B.

ACKNOWLEDGMENT

Your Directors take this opportunity to place on record their appreciation and sincere gratitude to the Government of India, Government of Telangana and Andhra Pradesh, and the Bankers to the Company for their valuable support and look forward to their continued co-operation in the years to come.

Your Directors acknowledge the support and co-operation received from the employees and all those who have helped in the day to day management.

Place: Hyderabad By order of the Board of Directors Date: 11.09.2019 For Association of Lady Entrepreneurs of India

SD/- K. RAMA DEVI (DIRECTOR & PRESIDENT) DIN - 01571458

ANNUAL REPORT 2018-2019 Annexure-A

FORM No.MGT-9

EXTRACT OF ANNUAL RETURN AS ON THE FINANCIAL YEAR ENDED ON 31.03.2019

[Pursuant to section 92(3) of the Companies Act, 2013 and rule12(1) of the Companies (Management and Administration) Rules, 2014]

I. REGISTRATION AND OTHER DETAILS:

i. CIN U99999TG1994NPL017022

ii. Registration Date 14/02/1994

iii. Name of the Company ASSOCIATION OF LADY ENTREPRENEURS OF INDIA

iv. Category/Sub -Category of the Company Company Limited by Guarantee/ Company licenses under Section 8 (25 of 1956 Act)

v. Address of the Registered office and D NO. 8-2-120/86/9/A/30, ROAD NO. 2 contact details HYDERABAD, TG 500034 IN

vi. Whether listed company NO

vii. Name, Address and Contact details of NOT APPLICABLE Registrar and Transfer Agent, if any

II PRINCIPAL BUSINESS ACTIVITIES OF THE COMPANY:

The Company being a Section 8 Company and hence not applicable

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

Sr. Name and Description of main NIC Code of % to total turnover of the No. products/ services the Product/ company service

1 Services of Membership Organization

Services to Women Entrepreneurs 99959950 89,90,971.00

ANNUAL REPORT 2018-2019 III PARTICULARS OF HOLDING, SUBSIDIARY AND ASSOCIATE COMPANIES:

Sr. Name And Address CIN/GLN Holding/ %of Applicable No. Of The Company Subsidiary shares held Section /Associate

1. NIL

2. NIL

IV SHARE HOLDING PATTERN (Equity Share Capital Breakup as percentage of Total Equity):

The Company being a guarantee company registered under section 8 (25 of the Companies Act, 1956)

NIL

IV SHARE HOLDING PATTERN (Equity Share Capital Breakup as percentage of Total Equity):

The Company being a Guarantee company registered under Section 8 (25 of Companies Act, 1956)

NIL

i. Category-wise Shareholding

Category of No. of Shares held at the No. of Shares held at the end of % Change beginning of the year the year during the Shareholders year

Demat Physical Total % of Dem Physical Total % of Total at Total Shares Shares

A. Promoter

1) Indian NIL a) Individual/ HUF b) Central Govt c) State Govt(s) d) Bodies Corp e) Banks / FI ANNUAL REPORT 2018-2019 f) Any Other

Sub-total(A)(1):-

2) Foreign NIL g) NRIs-Individuals h) Other-Individuals i) Bodies Corp. j) Banks / FI k) Any Other….

Sub-total(A)(2):-

B. Public NIL Shareholding

1. Institutions NIL

a) Mutual Funds

b) Banks / FI

c) Central Govt

d) State Govt(s)

e) Venture Capital Funds

f) Insurance Companies

g) FIIs

h) Foreign Venture Capital Funds

i) Others (specify)

Sub-total(B)(1)

2. Non Institutions

a) Bodies Corp. ANNUAL REPORT 2018-2019 (i) Indian

(ii) Overseas

b) Individuals

(i)Individual shareholders holding nominal share capital upto Rs. 1 lakh

(ii)Individual shareholders holding nominal share capital in excess of Rs 1 lakh

c) Others(Specify)

Sub-total(B)(2)

Total Public Shareholding (B)=(B)(1)+ (B)(2)

C. Shares held by Custodian for GDRs & ADRs

Grand Total NIL

(A+B+C)

ii. Share holding of Promoters: NIL

Sr. Shareholder’s Shareholding at the Shareholding at the end of No Name beginning of the year the year

No. of % of %of No. of % of total %of % Shares total Shares Shares Shares of Shares change Shares Pledged / the Pledged / in share of the encumbe company encumbe holding company red to red to during total total the year shares shares

1. 2.

3. ANNUAL REPORT 2018-2019 Total NIL

iii. Change in Promoters’ Shareholding (please specify, if there is no change: NIL

Sr. Shareholding at the Cumulative Shareholding no beginning of the year during the year

No. of % of total No. of % of total shares shares of the shares shares of the company company

At the beginning of the NIL year

Date wise Increase / NIL Decrease in Promoters Share holding during the year specifying the reasons for increase

/ decrease (e.g. allotment / transfer / bonus/ sweat equity etc):

At the End of the year NIL

V. INDEBTEDNESS:

Indebtedness of the Company including interest outstanding/accrued but not due for payment

Secured Unsecured Deposits Total Loans Loans Indebtedness excluding deposits ANNUAL REPORT 2018-2019 Indebtedness at the beginning of the financial year i) Principal Amount ------ii) Interest due but not paid 0 ------iii) Interest accrued but not 0 ------

Total (i+ii+iii) 0 ------

Change in Indebtedness ------during the financial year 0 ------Addition

0 -- -- 0 - Reduction

Net Change 0 ------

Indebtedness at the end of the financial year

i) Principal Amount 0 ------ii) Interest due but not paid 0 ------iii) Interest accrued but not 0 ------due Total (i+ii+iii) 0 ------

VI. REMUNERATION OF DIRECTORS AND KEY MANAGERIAL PERSONNEL: NIL

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

B. Remuneration to other directors: NIL

C. Remuneration to Key Managerial Personnel Other Than MD/Manager/WTD: NIL

No remuneration is being taken by any management committee members of the company.

ANNUAL REPORT 2018-2019

VII. PENALTIES / PUNISHMENT/ COMPOUNDING OF OFFENCES:

Type Section of Brief Details of Authority Appeal the description Penalty/ [RD/NCLT/ made. If companies Punishment/ Court] any(give Act Compounding details) fees imposed A. Company NIL

Penalty

Punishment

Compounding

B. Directors NIL

Penalty

Punishment

Compounding

C. Other Officers In Default NIL

Penalty

Punishment

Compounding

ANNUAL REPORT 2018-2019 Annexure-B

FORM NO. AOC-2

(Pursuant to clause (h) of sub-section (3) of section 134 of the Act and Rule 8(2) of the Companies (Accounts) Rules, 2014)

Form for disclosure of particulars of contracts/arrangements entered into by the company with related parties referred to in sub-section (1) of section 188 of the Companies Act, 2013 including certain arms length transactions under third proviso thereto.

1. Details of contracts or arrangements or transactions not at arm’s length basis

(a) Name(s) of the related party and nature of relationship: NIL (b) Nature of contracts/arrangements/transactions: NIL (c) Duration of the contracts / arrangements/transactions: NIL (d) Salient terms of the contracts or arrangements or transactions including the value, if any: NIL (e) Justification for entering into such contracts or arrangements or transactions: (f) Date(s) of approval by the Board: NIL (g) Amount paid as advances, if any: NIL (h) Date on which the special resolution was passed in general meeting as required under first proviso to section 188: NIL

2. Details of material contracts or arrangement or transactions at arm’s length basis

1. Centre for Entrepreneurship Development

(a) Name(s) of the related party and nature of relationship: Centre for Entrepreneurship Development (few are Common Governing Body Members)

(b) Nature of contracts/arrangements/transactions: i) Service fees for Garment training program with TATA Trust ii) Reimbursement of Land cost

(c) Duration of the contracts / arrangements/transactions: One time

(d) Salient terms of the contracts or arrangements or transactions including the value, if any: i) Paid service fees for Garment training program with TATA Trust for an amount of Rs. 4,50,000/- ANNUAL REPORT 2018-2019 ii) Cost of Plot of Rs. 40,000/- proposed to be allotted earlier, since not allotted returned during the year.

(e) Date(s) of approval by the Board (Managing Committee), if any: 24.09.2018

(f) Amount paid as advances, if any: NIL

2. ALEAP Credit Guarantee Association

(a) Name(s) of the related party and nature of relationship: ALEAP Credit Guarantee Association (few are Common Governing Body Members)

(b) Nature of contracts/arrangements/transactions: Payment made towards professional charges /Audit fees for the year 2017-18

(c) Duration of the contracts / arrangements/transactions: One Time

(c) Salient terms of the contracts or arrangements or transactions including the value, if any: Mention the value then written off for reasons Advance for expenses is written off Rs. 6,000/-.

(d) Date(s) of approval by the Board (Managing Committee), if any: 05.02.2019

(f) Amount paid as advances, if any: Rs. 6,000/-.

By order of the Board of Directors For Association of Lady Entrepreneurs of India

SD/- K. RAMA DEVI (DIRECTOR & PRESIDENT) DIN - 01571458

INDEPENDENT AUDITOR’S REPORT

To the Members of ASSOCIATION OF LADY ENTREPRENEURS OF INDIA

Report on the Audit of the Standalone Financial Statements

Opinion We have audited the standalone financial statements of ASSOCIATION OF LADY ENTREPRENEURS OF INDIA (“the Association”), which comprise the Balance Sheet as at 31st March 2019, the statement of Income and Expenditure and cash flow statement for the year then ended, and notes to the financial statements, including a summary of significant accounting policies and other explanatory information.

In our opinion and to the best of our information and according to the explanations given to us, the aforesaid standalone financial statements give the information required by the Companies Act, 2013 in the manner so required and give a true and fair view in conformity with the accounting principles generally accepted in India, of the state of affairs of the Association as at March 31, 2019, and its excess of Expenditure over income, and its cash flows for the year ended on that date.

Basis for Opinion We conducted our audit in accordance with the Standards on Auditing (SAs) specified under section 143(10) of the Companies Act, 2013. Our responsibilities under those Standards are further described in the Auditor’s Responsibilities for the Audit of the Financial Statements section of our report. We are independent of the Association in accordance with the Code of Ethics issued by the Institute of Chartered Accountants of India together with the ethical requirements that are relevant to our audit of the financial statements under the provisions of the Companies Act, 2013 and the Rules thereunder, and we have fulfilled our other ethical responsibilities in accordance with these requirements and the Code of Ethics. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Information Other than the Standalone Financial Statements and Auditor’s Report Thereon

The Association’s Managing Committee is responsible for the preparation of the other information. The other information comprises the information included Board’s Report including Annexures to Board’s Report, but does not include the standalone financial statements and our auditor’s report thereon.

Our opinion on the standalone financial statements does not cover the other information and we do not express any form of assurance conclusion thereon.

In connection with our audit of the standalone financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the standalone financial statements or our knowledge obtained during the course of our audit or otherwise appears to be materially misstated.

If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard.

Responsibilities of Management and Those Charged with Governance for the Standalone Financial Statements The Association’s Managing Committee is responsible for the matters stated in section 134(5) of the Companies Act, 2013 (“the Act”) with respect to the preparation of these standalone financial statements that give a true and fair view of the financial position, financial performance, and cash flows of the Association in accordance with the accounting principles generally accepted in India, including the accounting Standards specified under section 133 of the Act. This responsibility also includes maintenance of adequate accounting records in accordance with the provisions of the Act for safeguarding of the assets of the Association and for preventing and detecting frauds and other irregularities; selection and application of appropriate accounting policies; making judgments and estimates that are reasonable and prudent; and design, implementation and maintenance of adequate internal financial controls, that were operating effectively for ensuring the accuracy and completeness of the accounting records, relevant to the preparation and presentation of the financial statements that give a true and fair view and are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the Managing Committee is responsible for assessing the Association’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the Managing Committee either intends to liquidate the Association or to cease operations, or has no realistic alternative but to do so.

Those Managing Committee Members are also responsible for overseeing the Association’s financial reporting process.

Auditor’s Responsibilities for the Audit of the Financial Statements Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with SAs will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

As part of an audit in accordance with SAs, we exercise professional judgment and maintain professional skepticism throughout the audit. We also: • Identify and assess the risks of material misstatement of the financial statements, whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control.

• Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances. Under section 143(3)(i) of the Companies Act, 2013, we are also responsible for expressing our opinion on whether the company has adequate internal financial controls system in place and the operating effectiveness of such controls.

• Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by management.

• Conclude on the appropriateness of management’s use of the going concern basis of accounting and, based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that may cast significant doubt on the Association’s ability to continue as a going concern. If we conclude that a material uncertainty exists, we are required to draw attention in our auditor’s report to the related disclosures in the financial statements or, if such disclosures are inadequate, to modify our opinion. Our conclusions are based on the audit evidence obtained up to the date of our auditor’s report. However, future events or conditions may cause the Association to cease to continue as a going concern.

• Evaluate the overall presentation, structure and content of the financial statements, including the disclosures, and whether the financial statements represent the underlying transactions and events in a manner that achieves fair presentation.

We communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit and significant audit findings, including any significant deficiencies in internal control that we identify during our audit.

We also provide those charged with governance with a statement that we have complied with relevant ethical requirements regarding independence, and to communicate with them all relationships and other matters that may reasonably be thought to bear on our independence, and where applicable, related safeguards.

Report on Other Legal and Regulatory Requirements

1. The Companies (Auditor’s Report) Order, 2016 (“the Order”), issued by the Central Government of India in terms of sub-section (11) of section 143 of the Companies Act, 2013 shall not apply to the Association as per exemption provided under Clause 2(iii) of the order, hence separate statement on matters referred in para 3 of the order is not furnished.

2. As required by Section 143(3) of the Act, we report that: a) We have sought and obtained all the information and explanations which to the best of our knowledge and belief were necessary for the purposes of our audit. (b) In our opinion, proper books of account as required by law have been kept by the Association so far as it appears from our examination of those books. (c) The Balance Sheet, the Statement of Income and Expenditure, and the Cash Flow Statement dealt with by this Report are in agreement with the books of account. (d) In our opinion, the aforesaid standalone financial statements comply with the Accounting Standards specified under Section 133 of the Act, read with Rule 7 of the Companies (Accounts) Rules, 2014 except for subscription from members in arrears and payment of gratuity to eligible employees which are accounted on cash basis. (e) In our opinion considering nature of activity, size of operation and organisational structure of the entity, the Association has, in all material respects, an adequate internal financial controls system over financial reporting and such internal financial controls over financial reporting were operating effectively as at 31st March 2019, based on the internal control over financial reporting criteria established by the Association considering the essential components of internal control stated in the Guidance Note on Audit of Internal Financial Controls Over Financial Reporting issued by the Institute of Chartered Accountants of India (f) With respect to the other matters to be included in the Auditor’s Report in accordance with Rule 11 of the Companies (Audit and Auditors) Rules, 2014, in our opinion and to the best of our information and according to the explanations given to us: i. The Association does not have any pending litigations which would impact its financial position ii. The Association did not have any long-term contracts including derivative contracts for which there were any material foreseeable losses. iii. There were no amounts which were required to be transferred to the Investor Education and Protection Fund by the Association.

For NATARAJA IYER & CO. CHARTERED ACCOUNTANTS Firm Registration No. 002413S

-Sd- E.Sriranganath Place: Hyderabad PARTNER Date : 11.09.2019 Membership No. 013924

ASSOCIATION OF LADY ENTREPRENEURS OF INDIA (Formerly Association of Lady Entrepreneurs of Andhra Pradesh) (Registered Under Section 25 of the Companies Act, 1956)

BALANCE SHEETBALANCE AS AT SHEET MARCH AS 31 AT , 2013 MARCH 31 2019

As at As at Partriculars Notes 31.03.2019 31.03.2018 ` `

I EQUITY & LIABILITIES 1 SHARE HOLDERS' FUNDS a) Share Capital 1 -- -- b) Reserves and Surplus 2 229225103 45838845

2 NON-CURRENT LIABILITIES a) Other Long Term Liabilities 3 115072907 74118517

3 CURRENT LIABILITIES a) Other current Liabilities 4 15847063 14707790 b) Short Term provisions 5 1989233 1259556

Total 362134306 135924708

II ASSETS 4 NON CURRENT ASSETS a) Property, Plant & Equipment Tangible Assets 6 228164725 39903822 b) Long Term Loans and Advances 7 5026335 4908973 5 CURRENT ASSETS a) Inventories 8 12009 74034 b) Cash and Cash Equivalents 9 121677968 86397863 c) Short Term Loans and Advances 10 275750 126773 d) Other current Assets 11 6977519 4513243 Total 362134306 135924708

Accounting Policies and Notes on Accounts 17 As per our report attached

For NATARAJA IYER & CO. MEMBERS OF MANAGING COMMITTEE CHARTERED ACCOUNTANTS

-Sd- -Sd- -Sd- PARTNER Smt.K.Rama Devi Smt.B.Vijaya Lakshmi President Vice President

-Sd- -Sd- Smt.V.Sreedevi Smt.B.Kavitha Secretary Treasurer

MEMBERS -Sd- -Sd- 1. N.Swaroopa Rani 2. K.Srimahalakshmi

Hyderabad Hyderabad Date: 11.09.2019 Date: 11.09.2019 ASSOCIATION OF LADY ENTREPRENEURS OF INDIA (Formerly Association of Lady Entrepreneurs of Andhra Pradesh) (Registered Under Section 25 of the Companies Act, 1956)

STATEMENT OF INCOME AND EXPENDITURE FOR THE YEAR ENDED MARCH 31, 2019

For the year ended Partriculars Notes 31.03.2019 31.03.2018 ` `

I REVENUE FROM OPERATIONS Revenues from operations 12 8990971 7759612

II OTHER INCOME 13 5523773 7314942

Total 14514744 15074554

III EXPENSES Employee Benefits 14 7866091 3510377 Finance Cost 15 17831 15046 Depreciation and ammortisation expenses 6 5128982 694040 Other Expenses 16 13006618 12087350 Total 26019522 16306813 Excess of Expenditure over Income (11504778) (1232259)

Accounting Policies and Notes on Accounts 17 As per our report attached to the Balance Sheet

For NATARAJA IYER & CO. MEMBERS OF MANAGING COMMITTEE CHARTERED ACCOUNTANTS

-Sd- -Sd- -Sd- PARTNER Smt.K.Rama Devi Smt.B.Vijaya Lakshmi President Vice President

-Sd- -Sd- Smt.V.Sreedevi Smt.B.Kavitha Secretary Treasurer

MEMBERS

-Sd- -Sd- 1. N.Swaroopa Rani 2. K.Srimahalakshmi

Hyderabad Hyderabad Date: 11.09.2019 Date: 11.09.2019 ASSOCIATION OF LADY ENTREPRENEURS OF INDIA (Formerly Association of Lady Entrepreneurs of Andhra Pradesh) (Registered Under Section 25 of the Companies Act, 1956) Note - 6 Tangible Assets GROSS BLOCK DEPRECIATION NET BLOCK Sl Description As at Additions Re-valuation As at Up to For the Deletions Up to As at 31st As at 31st No. March 31 during the surplus March 31 March 31 year during the March 31 March 31 March 31 2018 year 2019 2018 year 2019 2019 2018 ` ` ` ` ` ` ` ` ` ` 1 LAND 48297 429914 171127703 171605914 ------171605914 48297

2 BUILDINGS 22796873 4900299 15145928 42843100 6207644 728859 -- 6936503 35906597 16589229

3 OFFICE EQUIPMENTS 1863776 460910 -- 2324686 1721258 104354 -- 1825612 499074 142518

4 COMPUTER & PRINTER 1447276 125000 -- 1572276 1337371 58186 -- 1395557 176719 109905

5 FURNITURE & FIXTURES 1642422 535362 -- 2177784 1128761 139362 -- 1268123 909661 513661

6 PLANT & MACHINERY 23633613 664769 -- 24298382 1133401 4098221 -- 5231622 19066760 22500212

Total 51432257 7116254 186273631 244822142 11528435 5128982 -- 16657417 228164725 39903822 Previous Year Total 22755802 28676455 -- 51432257 10834395 694040 -- 11528435 39903822 -- ASSOCIATION OF LADY ENTREPRENEURS OF INDIA (Formerly Association of Lady Entrepreneurs of Andhra Pradesh) (Registered Under Section 25 of the Companies Act, 1956)

NOTES FORMING PART OF THE BALANCE SHEET AS AT MARCH 31, 2019

As at As at Particulars 31.03.2019 31.03.2018 ` ` Note1 CAPITAL 1) The Liability of the Members is limited 2) As per clause 8 of the Memorandum of Association, every Member undertakes to contribute to the Assets of the Association in the event of its being wound up, while she is a member or within one year afterwards for payment of the Debts or Liabilities of the Association contracted before she -- -- ceases to be a member and of the costs, charges and expenses of winding up and for adjustment of the rights of the contributories among themselves, such amounts as may be required not exceeding Rupees Fifty only.

3) As per clause 10 of Memorandum of Association, if upon winding up or dissolution of the Association, there remains, after the satisfaction of all the debts and liabilities and any property whatsover, the same shall not be paid to, or distributed amongst the members of the Association but shall be given or transerred to such other company having objects similar to the objects of this company which is duly registered as per provisions of Section 12A of the Income Tax Act 1961, to be determined by the members of the Association in general body at/or before the time of dissolution or in default thereof, by the High Court of jurisdiction that has or may acquire jurisdiction in the manner. Total -- -- Note - 2 RESERVES AND SURPLUS a) General Reserve - As per Last Balance Sheet 44007912 28172054 Add: Admision Fee and Life Membership fee 1918200 2124800 Net Assets capitalized of ISDS Scheme -- 13711058 Net Assets capitalized of Grants from Govt. of India for IE, Vijayawada/ Hyderabad 6699205 -- 52625317 44007912 b) Revaluation surplus Revaluation surplus on land and building 186273631 -- 186273631 -- c) Statement of Income and Expenditure As per Last Balance Sheet 1830933 3063192 Excess of Expenditure over Income as per statement of Income and Expenditure (11504778) (1232259) (9673845) 1830933 Total 229225103 45838845 ASSOCIATION OF LADY ENTREPRENEURS OF INDIA (Formerly Association of Lady Entrepreneurs of Andhra Pradesh) (Registered Under Section 25 of the Companies Act, 1956)

As at As at Particulars 31.03.2019 31.03.2018 ` `

Note - 3 Other Long Term Liabilities; Liability - Industrial Estate - Hyderabad 802513 1098116 Liability - Industrial Estate - Vijayawada 8965080 9814405 Liability - Industrial Estate - Nandigama 54324383 58862051 Liability - Industrial Estate - Bodduvari palem 4827105 440101 Liability - Industrial Estate - Balabhadra puram 27533 1325350 Liability - Industrial Estate - Gidijala, Visakhapatnam 222985 -- Liability - ATAL Incubation Mission - Incubation Centre 43167210 -- Liability - setting up of LBI in Gajularamaram, RR DT 2203604 2500000 Liability - Built-up space at JETDCL, Jakkampudi 480000 -- Rent Deposits 52494 78494 Total 115072907 74118517

Note - 4 Other Current Liabilities Other Creditors & Liabilities 13626082 13342595 Subscriptions for 2019-20 6000 -- Subscriptions for 2018-19 -- 58000 Other Payables 2214981 1307195 Total 15847063 14707790

Note - 5 Short Term Provision; Other provision for expenses 1989233 1259556 Total 1989233 1259556 ASSOCIATION OF LADY ENTREPRENEURS OF INDIA (Formerly Association of Lady Entrepreneurs of Andhra Pradesh) (Registered Under Section 25 of the Companies Act, 1956)

As at As at Particulars 31.03.2019 31.03.2018 ` ` Note - 7 Long Term Loans and Advances (Unsecured and Considered good) Advance to Vijayawada IE 4417874 4579354 Advance to Nandigama IE 108040 198040 Deposits 500421 131579 Total 5026335 4908973

Note - 8 Inventories (Lower of cost or net realizable value) Stock-Training program 12009 74034 Total 12009 74034

Note - 9 Cash and Cash Equivalents Balances with Scheduled Banks in Current Accounts 38342272 33152705 in Savings Accounts 27273 76123 in Fixed Deposits (includes for `16615146/-lodged with banks as margin money towards Bank Guarantee) 83297955 53157349 121667500 86386177 Cash on hand 10468 11686 Total 121677968 86397863

Note - 10 Short Term Loans and Advances (Unsecured and Considered good) Advances to Staff 37500 61000 Advances for Expenses 238250 65773 Total 275750 126773

Note - 11 Other Current Assets (Unsecured and Considered good) Tax Deducted at Source 2748227 1588253 Grant and Rent Receivables 2810995 1124885 Other receivables 1418297 1800105 6977519 4513243 (Doubtful) Grant and other expenses receivables 640000 640000 Less: Provision for grant and other expenses receivable 640000 640000 -- -- Total 6977519 4513243 ASSOCIATION OF LADY ENTREPRENEURS OF INDIA (Formerly Association of Lady Entrepreneurs of Andhra Pradesh) (Registered Under Section 25 of the Companies Act, 1956)

NOTES FORMING PART OF THE STATEMENT OF INCOME AND EXPENDITURE FOR THE YEAR ENDED MARCH 31, 2019 For the year ended Particulars 31.03.2019 31.03.2018 ` `

INCOME Note - 12 Revenue from Operations Grant received from Government of India for Skill training and Administrative & other overhead expenses under ISDS Scheme -- 239353722 Less: Skill training and Administrative & other overhead expenses under ISDS -- 239353722 -- -- Seminars,Conferences, Training Programme & Grants 8767411 7625192 Subscriptions from members 223560 134420 Total 8990971 7759612

Note - 13 Other Income Interest Income 492280 743916 Other Income 403263 5469933 Interest received on IT - refund -- 4552 Donations -- 63870 Jobwork Charges 4628230 1032671 Total 5523773 7314942

Note - 14 Employee Benefits Salaries and Allowances 7331499 2943252 EPF Employer Contribution 64279 56682 Consultancy Charges 452613 326466 Security Wages 17700 183977 Total 7866091 3510377

Note - 15 Finance Cost Bank Charges 17831 15046 Total 17831 15046 ASSOCIATION OF LADY ENTREPRENEURS OF INDIA (Formerly Association of Lady Entrepreneurs of Andhra Pradesh) (Registered Under Section 25 of the Companies Act, 1956)

Particulars For the year ended 31.03.2019 31.03.2018 ` ` Note - 16 Other Expenses Annual General Meeting/EGM Expenses 163400 81790 Committee Meeting Expenses 9916 12274 Seminars,Conferences & Training Programme 4425145 7722487 Rent, Rates and Taxes 1687178 506361 Electricity and Water Charges 535456 455312 Printing and Stationery 99480 196891 Postage and Telephones 234119 222960 Travelling and Conveyance 725239 524966 Petrol and Maintenance Expenses 336771 350137 Periodicals and Journals 14884 10660 Subscription to Associatons 94164 29300 Miscellaneous Expenses 409408 368053 Audit Fee 100000 100000 Donations/Sponsorships 25000 -- Legal and Professional Charges 42700 135400 Repairs and Maintenance (Buildings) 215162 40163 Repairs and Maintenance (Others) 32993 50511 Computer Maintenance 2630 4104 Office Maintenance 420395 343674 Filing Fee and other Fees 9940 16000 Application/Processing fees 15000 64000 Jobwork charges 3345613 797217 Jute material consumed 62025 55090 Total 13006618 12087350 ASSOCIATION OF LADY ENTREPRENEURS OF INDIA (Formerly Association of Lady Entrepreneurs of Andhra Pradesh) (Registered under Section 25 of the Companies Act, 1956)

SIGNIFICANT ACCOUNTING POLICIES AND NOTES ON FINANCIAL STATEMENTS: NOTE 17 A) CORPORATE INFORMATION:

ASSOCIATION OF LADY ENTERPRENUERS OF ANDHRA PRADESH (“the Association“) a Company incorporated on 14/02/1994 in accordance with the provisions of Section 25 of Companies Act, 1956. Subsequently on bifurcation of Andhra Pradesh, the Association changed its name on 04/06/2015 to ASSOCIATION OF LADY ENTREPRENEURS OF INDIA. The Association is primarily engaged to undertake or assist any projects, development of Industrial Estates, programs and schemes for upliftment of women of the nation in educational and social aspects by giving them vocational and professional training with the main aim to create women entrepreneurs. B) SIGNIFICANT ACCOUNTING POLICIES

1. Method of Accounting: The financial statements have been prepared on accrual basis, unless otherwise stated, under historical cost convention in accordance with the generally accepted accounting principles (GAAP) in India including the Accounting Standards specified under Section 133 of the Companies Act, 2013 read with rule 7 of the Companies (Accounts) Rules 2014. 2. Use of Estimates: The preparation of the financial statements in conformity with Indian GAAP requires management to make estimates and assumptions that affect the reported balance of assets and liabilities and disclosures relating to contingent assets and liabilities as at the date of the financial statements and reporting amounts of income and expense during the period. Although the estimates are based upon management’s best knowledge of current events and actions, actual results could differ from these estimates. Any revision in the estimates is recognized prospectively in the current and future periods. 3. Property, Plant and Equipment: Property, plant and equipment are stated at Cost of Acquisition/construction less depreciation. Cost comprises of purchase price and any other cost attributable to bringing the asset to its working condition for its intended use. Depreciation on fixed assets is provided on Written Down value Method (WDV) based on useful life of Asset as prescribed in Schedule II to the Companies Act, 2013.

4. Employee Benefits: a) Provident Fund: The Association contributes to Provident Fund at prescribed rates and charged to statement of Income and Expenditure. b) Gratuity: Gratuity to the eligible employees shall be accounted on payment basis. c) Leave Encashment: The policy of the Association for earned leaves is to be availed by the employees and cannot be encashed.

5. Revenue Recognition: a) Membership Subscription: Membership Subscription is accounted on receipt basis except for advance subscription received for ensuing years which is shown under other current liabilities as subscription received in advance. b) Interest Income: Interest income is recognized on time proportion basis taking into account the accrued amount certified by the bank. c) Admission and Life Membership Fee: Admission and Life Membership fees received from members on admission of new member is taken into General Reserve..

6. Recognition of Grants: Grants received for the programs from Government or other Corporates, is recognized, where there is reasonable assurance that the Association will comply with the conditions attached to them and where such benefits have been earned by the Association and it is reasonably certain that ultimate collection of the grant will be made.

7. Incomes and Expenses relating to Industrial Estates: All the Incomes and Expenses relating to Industrial Estates are netted off and shown as liability in the Balance sheet.

8. Earnings per share: Earnings per share is not applicable as there are no shares issued by the Association.

9. Provision and Contingent Liabilities: A provision is recognized when the Association has a present obligation as a result of past event i.e. it is probable that an outflow of resources will be required to settle the obligation in respect of which a reliable estimate can be made. Provisions are not discounted to its present value and are determined based on the best estimate required to settle the obligation at the balance sheet date. These are reviewed at each balance sheet date and adjusted to reflect the current best estimates. A contingent liability is a potential liability that may occur, depending on the outcome of an uncertain future event. A contingent liability is recorded in the accounting records if the contingency is probable and the amount of the liability can be reasonably estimated. If both of these conditions are not met, the liability may be disclosed in notes on the financial statements.

10. Inventories: Stock of material held for training is valued at lower of cost or net realizable value. Cost of material includes purchase price less input credit taken of indirect taxes if any and charged on FIFO method.

11. Accounting Standards to the extent applicable and relevant with reference to the transactions undertaken requiring disclosures have been considered.

B) NOTES ON FINANCIAL STATEMENTS:

1. Admission fee and Life Membership Fee of `19,18,200/-(Previous Year `21,24,800/-) collected during the year from the members is credited to General Reserve .

2.1 Registration of lands of Industrial Estate at Hyderabad have been completed of the pending unregistered land and the surplus on account of registration of land of `23,10,603/- has been taken into Reserves and Surplus (Note No. 2).

2.2 a. Payments/Receipts relating to unregistered land of Industrial Estate activity at Vijayawada have been netted off and the credit balance of `89,65,080/- has been included under Non Current Liabilities; The Breakup for the above is as under; INDUSTRIAL ESTATE – VIJAYAWADA Rupees UN registered Land- Cost 556916 Overhead Expenses- UN registered area 905918 Development Expenses - UN registered area 1623792 3086626 Less: Land receipts – UN registered area 1579000 Grants from Govt. of India - UN registered area 766432 Advances 8417874 Amount refundable to Members 1288400 12051706 Liability – Industrial Estate, Vijayawada 8965080 b. Payments/Receipts relating to registred land of Industrial Estate at Vijayawada in favour of members of have been netted off and the deficit of `95,63,966/- has been adjusted against the Grant from Government of India: Rupees Land Cost – registered area 9748498 Construction Expenses - registered area 28423568 Construction Overhead – registered area 15857580 54029646 Less: Land receipts – registered area 43419180 Land Processing Fees - registered area 1046500 44465680 Deficit 9563966 c. Grant of `1,47,19,000/- received from Government of India has been utilised/adjusted against the deficit of `95,63,966/- relating to registered land of Industrial Estate Activity and Grant relating to unregistered area of `7,66,432/- has been shown above in 2.2.a. and balance of `43,88,602/- has been transferred to General Reserve. d. Assets and liabilities relating to Industrial Estate at Vijayawada which were allotted and owned by the Association have been recognized in the financial statements. The breakup of Assets and liabilities is as under: Rupees Land 389914 Building 1771125 Other Fixed Assets 1171277 Deposits & Advances 73842 Total 3406158 Outstanding Liabilities 56162 Total 56162

2.3 Payments/Receipts relating to Industrial Estate activity at Nandigama Village, Sangareddy District have been netted off and the credit balance of `5,43,24,383/- has been included under Non Current Liabilities; The Breakup for the above is as under;

INDUSTRIAL ESTATE – NANDIGAMA, SANGAREDDY DIST Rupees

Land 104321250 Land Development Charges and Registration Expenses 97958327 Construction Expenses 51066020 Other overhead Expenses 18560281 Purchase of other Assets 1643573 C Deposits & other current Assets 40108695 313658146 Less: Amount received from members 340787560 Other Income 23378315 Deposits & Other liabilities 3708614 Advance from Head office 108040 367982529 Liability – Industrial Estate, Nandigama 54324383

2.3.1. Land/Plots at Nandigama Industrial Estate admeasuring 37966 sq. yards has been mortgaged with HMDA for a period of 3 years.

2.4 Balance grant of `7953303/- receivable from Ministry of Textiles relating to ISDS scheme is not considered in the accounts as the claim of the Association is pending for approval of Ministry.

2.5 Payments/Receipts relating to Industrial Estate activity at Bodduvari palem Village, SPSR Nellore District have been netted off and the credit balance of `48,27,105/- has been included under Non Current Liabilities; The Breakup for the above is as under; INDUSTRIAL ESTATE – BODDUVARI PALEM, SPSR NELLORE DIST

Rupees Land 12045888 Other overhead Expenses 270841 C Deposits & other current Assets 4750000 17066729 Less: Amount received from members 13985000 Advances from Industrial estates 7908834 21893834 Liability – Industrial Estate, Bodduvari palem 4827105

2.6 Payments/Receipts relating to Industrial Estate activity at Balabhadra puram Village, East Godavari District have been netted off and the credit balance of `27,533/- has been included under Non Current Liabilities; The Breakup for the above is as under; INDUSTRIAL ESTATE – BALABHADRA PURAM, EAST GODAVARI DIST Rupees Land 30466010 Other overhead Expenses 176496 C Deposits & other current Assets 100000 30742506 Less: Amount received from members 8570000 Advances from Industrial estates 22175039 Deposits & Other liabilities 25000 30995039 Liability – Industrial Estate, Balabhadra puram 27533 2.7 Payments/Receipts relating to Industrial Estate activity at Gidijala Village, Visakhapatnam have been netted off and the credit balance of `2,22,985/- has been included under Non Current Liabilities; The Breakup for the above is as under; INDUSTRIAL ESTATE – GIDIJALA VILLAGE, VISAKHAPATNAM Rupees Other overhead Expenses 369475 C Deposits & other current Assets 40 369515 Less: Amount received from members 560000 Other Income 16250 Deposits & Other liabilities 16250 592500 Liability – Industrial Estate, Gidijala, Visakhapatnam 222985 2.7.1 Land at Gidijala Village, Visakhapatnam has not been yet allotted to the Association. 2.8 Payments/Receipts relating to ATAL Incubation Misson – Incubation Centre have been netted off and the credit balance of `4,31,67,210/- has been included under Non Current Liabilities; The Breakup for the above is as under; ATAL INCUBATION MISSION – INCUBATION CENTRE Rupees Other overhead Expenses 2480678 P Purchase of other Assets 4838510 Advances 1298499 Other Current Assets 769018 9386705 Less: Grant received from Govt. of India 46130000 Advances from Main Account & AGRIP, Nandigam 5010000 Deposits & Other liabilities 1413915 52553915 Liability – ATAL Incubation Misson – Incubation Centre 43167210

2.9 Payments/Receipts relating to setting up of Garment LBI at ALEAP Industrial Estate, Gajularamaram have been netted off and the credit balance of `22,03,604/- has been included under Non Current Liabilities; The Breakup for the above is as under; GARMENT LBI – ALEAP IE, GAJULARAMARAM Rupees P Purchase of other Assets 304410

2203604 Less: Grant received from Govt. of India 2500000 Advances from Main Account 8014 2508014 Liability – Garment LBI, Gajularamaram 2203604 2.10 Jakkampudi Economic Township Development Corporation Limited (JETDCL) has allotted 50803 sft at Jet City situated at Jakkampudi, Vijayawada to the Association at `2,250/- per sft (exclusive of applicable taxes) for the purpose of setting up business for women entrepreneurs (members). The said cost is payable by the Association. The Association collects from women entrepreneurs (members) to whom area has been allotted and make payment to JETDCL. The amount collected from women entrepreneurs (members) of `4,80,000/- is payable to JETDCL is shown under Other Long Term Liabilities (Note No. 3). 3. Additional information pursuant to the requirements of Part II of Schedule III to the Companies Act, 2013: Contingent Liabilities (A) Unexpired Bank Guarantee as at 31.03.2019 is `1,46,66,250/- (as at 31.03.2018 is `2,54,21,942/-) 4. Disclosures of related parties and transactions with related parties. 4.1. related Parties: S No. Name of the related party Relationship 1 Centre for Entrepreneurship Development Common Members 2 ALEAP Credit Guarantee Association Common Members 3 K. Rama Devi President 4 B.Vijaya Lakshmi Vice President 5 V.Sreedevi Secretary 6 B.Kavitha Treasurer 7 P.Jyothi Rani Managing Committee Member 8 K.Padmaja Managing Committee Member 9 Y.Tripuramba Managing Committee Member 10 A.Durga Bhavani Managing Committee Member 11 U. Padmavathi Managing Committee Member 12 N.Swarupa Rani Managing Committee Member 13 B.Sailaja Managing Committee Member 14 Pallavi Joshi Managing Committee Member 15 C.Rajini Managing Committee Member 16 M.Lakshmi Managing Committee Member 17 B.Padmavathi Annapurna Managing Committee Member 18 K.Srimahalakshmi Managing Committee Member

4.2 Transactions with related parties during the year:

a. Income: NIL

b. Expense/Payments:

S No. Name of the related party Transaction Amount (`) 1 ALEAP Credit Guarantee Advance for expense is 6000 Association written off 2 Centre for Entrepreneurship Service fees for Garment Development training program with TATA Trust 450000 3 Centre for Entrepreneurship Development Land cost 40000

c. In respect of provisional allotment of industrial plots in Nandigama Industrial Estate to the Managing Committee members (related parties) amount received towards cost of industrial plots and dues could not be disclosed as the said provisional allotment is pending actual measurement of the plots, actual fixation of the allotment price on account of changes in the cost of land purchased and execution of agreements with the members.

4.3 Amount outstanding as at 31.03.2019 from/to related parties:

S No. Name of the related party Payable (`) 1 Centre for Entrepreneurship Development 4327600

5. Revaluation of Property, Plant and Equipment

During the year, Land and Building situated at Industrial Estate, Gajularamaram, Hyderabad have been revalued and resultant revalued amount has been incorporated in the books of account as per the valuation report furnished by registered valuer dated on 31.03.2019. The difference in the revalued amount and book balance has been shown as revaluation surplus (Note No.2) and land and building has been increased by adopting revalued figures.

6. The Management has reviewed and found that recoverable amount of each fixed asset is higher than its carrying amount. Hence, no provision for impairment of fixed assets is considered.

7. In the opinion of the Management Committee all the assets other than fixed assets, have a value on realization in the ordinary course of business at least equal to the amount at which they are stated in the financial statements.

8. Corresponding comparative figures of previous year have been regrouped wherever required to correspond to the current year figures.

SIGNATURES TO NOTES 1 TO 17

AS PER OUR REPORT ATTACHED MEMBERS OF MANAGING COMMITTEE TO THE BALANCE SHEET For NATARAJA IYER & CO. CHARTERED ACCOUNTANTS

-Sd- -Sd- -Sd- PARTNER Smt.K.Rama Devi Smt.B.Vijaya Lakshmi President Vice President

-Sd- -Sd- Smt.V.Sreedevi Smt.B.Kavitha Secretary Treasurer

MEMBERS

-Sd- -Sd- 1. N.Swaroopa Rani 2. K.Srimahalakshmi

Hyderabad Hyderabad Date: 11.09.2019 Date: 11.09.2019