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S10-110 exam Dumps Source : SNIA Certified Storage Professional (SCSP)

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Snia Snia SNIA Certified Storage

SNIA Continues schooling and training leadership at SNW and past | killexams.com true Questions and Pass4sure dumps

ORLANDO, FL--(Marketwired - Apr 2, 2013) -

follow SNIA schooling tendencies at:

The Storage Networking trade association (SNIA) nowadays introduced offerings and enhancements to its industry-main educational application. SNIA is recognized for having probably the most world's most robust set of unbiased training, tutorial and educational elements within the worldwide storage business. At SNW Spring 2013, the SNIA will current 20 SNIA Tutorials, unencumber the brand unusual 2013 SNIA Dictionary and carry fingers-on-Labs and IT Certification Prep sessions that IT gurus in attendance continue to demand.

"providing high-quality, vendor-impartial, and well timed educational programs to the industry at-significant is a vital section of their trade mission," spoke of Wayne M. Adams, Chairman of the SNIA. "As they fulfill their mission, the breadth and depth of educational resources grows ever higher. Our web site offers free public entry to over 100 storage and records tutorials and presentation sessions in video, audio, and records-file codecs, which had been developed and delivered at the SNW conferences, SNIA conferences, and BrightTALK Webinars." 

tutorial alternatives purchasable AT SNW SPRING 2013

SNIA SNW palms-on-Lab application is a mainstay office of the convention designed to provide functional, dealer-led "palms-on" guideline and practice to participants. SNW schedules 2-hour sessions with workout routines for birthright here:

  • "statistics protection, traffic Continuity, and disaster restoration - unusual applied sciences"
  • "Storage Virtualization"
  • "virtual SAN"
  • "Architecting and enforcing a Fibre Channel SAN"
  • SNIA Tutorial shows.  These offer a option of 20 sessions for expertise themes. classes are supplier-impartial, expertly developed and peer-reviewed with content material on contemporaneous issues that attendees can apply reminiscent of Cloud, huge facts, Non-risky memory, records insurance policy and protection. Examples of the unavoidable session titles include:

  • "Deploying Public, deepest, and Hybrid Storage"
  • "massively Scalable File Storage"
  • "Object Storage expertise"
  • "Realities of strong State Storage"
  • additionally, the association presents greater than one hundred on-line presentations and tutorials, which are available at SNIA.org/training.

    IT skilled Certification training classes. These will overview key concepts and recommendation members should still subsist conscious of when searching for SNIA Certification in here credentialed examinations:

  • "CompTIA Storage+ Powered by SNIA" 
  • "Administration and assessment, Planning and Design"
  • extra academic AND CERTIFICATION classes moreover opportunities attainable at SNW, SNIA's global alliance with CompTIA to present the "CompTIA Storage+ Powered by using SNIA" Examination now offers a hit candidates with a diagnosed trade Certification and ISO-authorised Credential. yet another section of SNIA's software presents two lately "refreshed" superior stage Certification Examinations: Storage Networking management as well as Administration and evaluation, Planning and Design. SNIA plans to announce the provision of credentialed examinations for these two "higher stage" certifications in Q2 2013.

    SNIA E-route researching alternate options. To prepare for the "CompTIA Storage+ Powered by using SNIA" examination, is the brand unusual addition of a downloadable "SNIAeCourse" iOS App discovered on iTunes®. The SNIAeCourse App and huge preview are free, and the gaining lore of cloth for the App is for a charge. Plans are underway for extra App courseware for SNIA higher-degree tests.

    SNIA's 2013 Dictionary and Webinars. SNIA annually publishes an award-winning print edition (updated twice yearly and available on-line) of its Dictionary -- a word list of phrases and definitions. 

    SNIA frequently hosts BrightTALK Webinars in many key SNIA technical communities stated via SNIA as boards, Initiatives, Committees, Technical Work groups, and extra. These classes are concentrated on subject matters during which technical specialists representing SNIA contributors share their traffic insights and journey.

    For access to and tips on the SNIA 2013 Dictionary, SNIA BrightTALK Webinars, SNIA Tutorials and an needy lot extra academic content, gratify search recommendation from www.snia.org/education.

    about the SNIA The Storage Networking trade affiliation (SNIA) is a not-for-income world corporation, made from some four hundred member agencies spanning virtually the complete storage industry. SNIA's mission is to steer the storage industry global in setting up and advertising requisites, technologies, and academic features to empower agencies in the management of suggestions. To this end, the SNIA is uniquely committed to delivering specifications, education, and capabilities for you to propel open storage networking solutions into the broader market. For additional information, search recommendation from the SNIA web web page at http://www.snia.org


    SNIA Cloud information management Interface Now an Open supply common | killexams.com true Questions and Pass4sure dumps

    guidance contained on this page is equipped by means of an independent third-birthday party content material issuer. Frankly and this web page Make no warranties or representations in connection therewith. if you're affiliated with this page and would adore it removed gratify contact pressreleases@franklyinc.com

    SNIA Welcomes Non-SNIA participants to contribute to the ISO common 17826

    COLORADO SPRINGS, Colo., Sept. 24, 2018 /PRNewswire/ -- The Storage Networking trade association (SNIA), a globally diagnosed and relied on authority for storage management, requisites, and know-how potential, introduced these days at its Storage Developer conference, that the Cloud statistics management Interface (CDMI) 2.0 specification is now an open source standard. This circulation empowers any one to Make a contribution to the ISO common through conveniently signing the SNIA Contributor License settlement.  

    construction of CDMI can now subsist accomplished by using an open supply tool chain to create the standard. This makes it drastically more convenient to faucet the broader community to work on advancing CDMI, because the SNIA Cloud Storage Technical Work group (TWG) can now accept tug (exchange) requests on the CDMI specification from non-SNIA contributors. This open source group manner for the specification enhances the open source contributions for the CDMI Reference Implementation.

    CDMI offers stay users with the potential to ply the destiny of their statistics and Make sure trouble-free facts entry, records insurance policy and statistics migration contour one cloud provider to yet another. version 2.0 may subsist a stout revision to the CDMI specification. the first free up of CDMI 2.0 specification is expected in the 2nd half of 2019.

    "As CDMI moves toward its subsequent main release, they are actively soliciting input and contributions from the broader neighborhood," stated David Slik, Co-Chair of the SNIA Cloud Storage TWG. "There are at the moment greater than 20 products that meet the CDMI specification.  by means of opening the specification repository, they hope to speed the pile of this and different necessities."

    Open sourcing CDMI 2.0 specification displays SNIA's persisted dedication to open communities. SNIA embraces open supply utility and requisites in quite a lot of approaches, working collaboratively with open source communities to address evolving requirements and to additional democratize standards development.

    "CDMI is an internationally recognized ISO regular, ISO/IEC 17826:2016, and is still implemented and deployed via builders worldwide," brought Alex McDonald, Chair of SNIA Cloud Storage technologies Initiative. "i'm delighted to aid SNIA's unusual manner to requirements specification construction. Now, more builders and clients can deliver their adventure to endure and further refine CDMI, as a way to profit each person who uses cloud storage."

    anybody wishing to Make contributions to the specification ordinary may additionally carry out so in the course of the CDMI GitHub repository. To become a contributor, gratify complete the Contributors License compress before submitting a tug request. For questions concerning CDMI 2.0, gratify contact Arnold Jones, SNIA Technical Council Managing Director.

    To subsist taught more about SNIA's Cloud Storage applied sciences Initiative, the CDMI and its present implementations, consult with: http://www.snia.org/cloud.

    To gain lore of greater in regards to the work SNIA is doing in open source software, visit https://www.snia.org/opensource.

    About CDMIThe Cloud information management Interface is an open overseas ISO ordinary, ISO/IEC 17826:2016, that defines the purposeful interface that purposes will Use to create, retrieve, update and delete statistics features from the cloud. CDMI extensions are age with dissimilar commercial and open source implementations in use. Key facets include:

  • powerful records management capabilities, together with administration and management of person accounts, safety entry, monitoring and billing suggestions, and administration of storage it's available by way of other protocols
  • The skill of CMDI shoppers to tailor the management of containers and the information placed in them.
  • The capability to work alongside OpenStack Swift and Amazon S3 fashions
  • About SNIAThe Storage Networking industry association is a no longer-for-income international organization, made of member businesses spanning the world storage market. SNIA's mission is to steer the storage industry international in developing and advertising requirements, applied sciences, and tutorial functions to empower agencies within the administration of counsel. To this end, the SNIA is uniquely dedicated to providing standards, training, and functions with a purpose to propel open storage networking solutions into the broader market. SNIA embraces open source pile tactics and communities for selected necessities, specification source-code implementations, and developer tools. For extra suggestions about SNIA, search recommendation from https://www.snia.org/.

    ©2017 PR Newswire. whole Rights Reserved.


    The SNIA publicizes its 2010 Board of administrators and Technical Council | killexams.com true Questions and Pass4sure dumps

    PHOENIX--(company WIRE)--The Storage Networking traffic affiliation (SNIA) is joyful to announce its 2010 Board of administrators and Technical Council during the Storage Networking World tumble 2009 convention being held in Phoenix, Arizona. The SNIA’s membership elected the Board of administrators, and the Board elected their government Committee officers. The SNIA Board is charged with oversight of the association's imaginative and prescient and mission and guaranteeing that tangible value accrues to member companies.

    “2010 might subsist a thrilling year for the storage industry and that i’m very lucky to subsist serving with such an esteemed board and staff,” referred to Wayne M. Adams, Chairman of the SNIA. “while their mission will continue to subsist unchanged, their strategy and actions will proceed to extend and evolve as they spy to determine unusual simple methods to provide educational alternatives, extend their technical innovation in areas comparable to eco-friendly IT, Cloud Computing, solid State Storage, as well as to proceed to strengthen industry-broad highest character practices that each one odds the business.”

    The 2010 SNIA Board of directors, government Committee and their roles are:

  • Wayne Adams (EMC), Chairman and government Committee
  • Dave Dale (NetApp), vice president and government Committee
  • Phil Mills (IBM), Secretary and government Committee
  • Rob Peglar (Xiotech), Treasurer and executive Committee
  • Eric Bart (sun), Member
  • Vincent Franceschini (Hitachi facts systems), Member
  • pass Jones (QLogic), Member
  • Leo Leger (SNIA), Non-vote casting Member, government Director and executive Committee
  • Gary Phillips (Symantec), Member
  • Julie Ryan (LSI), Member
  • Doug Voigt (HP), Member
  • SW charge (Microsoft), Member
  • Alan Yoder (NetApp), Non-vote casting Member and Chair of the Technical Council
  • Allan Zmyslowski (Fujitsu the united states), Member
  • additionally just earlier than the SNW tumble 2009 conference, the affiliation’s membership elected the 2010 SNIA Technical Council which is answerable for presenting information and course on the numerous technical activities of the SNIA. The Technical Council elected its Chairman, Alan Yoder of NetApp, and its Vice-chairman, ticket Carlson of sun.

    Alan Yoder, Chairman of the SNIA Technical Council stated, “it's an honor to serve as Chair of the SNIA Technical Council for the subsequent 12 months. they are able to continue to build on the successful technical actions underway across whole of their Technical Working organizations. The subsequent yr will certainly bring more technical innovation and they are able to work challenging to Make sure the SNIA’s technical activities prepared the ground with vendor-neutral insights and know-how that helps advance the industry.”

    The 2010 SNIA Technical Council and their roles are:

  • Alan Yoder (NetApp), Chairman
  • Mark Carlson (sun), vice chairman
  • Richelle Ahlvers (HP), Member
  • Duane Baldwin (IBM), Member
  • Don Deel (EMC), Member
  • Erik Riedel (EMC), Member
  • Dave Thiel, (independent consultant) Member
  • Steve Wilson (Brocade), Member
  • The SNIA Technical Council is liable for managing the progress efforts of the affiliation and guaranteeing that they are on-song and on-target whereas searching for brand unusual alternatives like application building, cloud and eco-friendly storage to extend the SNIA’s efforts and supply additional charge to the industry and purchasers. The Council works intently with the Board of administrators and other SNIA bodies in planning and executing technical activities, governs the Technical Working corporations, studies and approves whole SNIA architectures and requirements, and serves as a technical aid for whole SNIA activities, together with its role as technical application committee for SNIA’s standout Storage Developer conference.

    Please debate with www.snia.org for additional information on each Board and Technical Council member.

    in regards to the SNIA

    The Storage Networking industry association (SNIA) is a no longer-for-profit world organization, made up of some four hundred member organizations spanning essentially the total storage industry. SNIA’s mission is to lead the storage traffic worldwide in setting up and advertising requisites, applied sciences, and educational capabilities to empower corporations in the administration of counsel. To this end, the SNIA is uniquely committed to delivering requirements, schooling, and features so as to propel open storage networking solutions into the broader market. For more information, debate with the SNIA net website at www.snia.org.


    S10-110 SNIA Certified Storage Professional (SCSP)

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    S10-110 exam Dumps Source : SNIA Certified Storage Professional (SCSP)

    Test Code : S10-110
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    Vendor title : Snia
    : 65 true Questions

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    SNIA Continues Education and Training Leadership at SNW and Beyond | killexams.com true questions and Pass4sure dumps

    ORLANDO, FL--(Marketwired - Apr 2, 2013) -

    Follow SNIA Education developments at:

    The Storage Networking Industry Association (SNIA) today announced offerings and enhancements to its industry-leading educational program. SNIA is recognized for having one of the world's most robust set of independent training, tutorial and educational resources in the worldwide storage industry. At SNW Spring 2013, the SNIA will present 20 SNIA Tutorials, release the unusual 2013 SNIA Dictionary and deliver Hands-on-Labs and IT Certification Prep Sessions that IT professionals in attendance continue to demand.

    "Providing high-quality, vendor-neutral, and timely educational programs to the industry at-large is an integral section of their industry mission," said Wayne M. Adams, Chairman of the SNIA. "As they fulfill their mission, the breadth and depth of educational resources grows ever larger. Our website provides free public access to over 100 storage and data tutorials and presentation sessions in video, audio, and data-file formats, which suffer been developed and delivered at the SNW conferences, SNIA conferences, and BrightTALK Webinars." 

    EDUCATIONAL OPPORTUNITIES AVAILABLE AT SNW SPRING 2013

    SNIA SNW Hands-on-Lab Program is a mainstay feature of the conference designed to provide practical, vendor-led "hands-on" instruction and practice to participants. SNW schedules 2-hour sessions with exercises for the following:

  • "Data Protection, traffic Continuity, and disaster Recovery - unusual Technologies"
  • "Storage Virtualization"
  • "Virtual SAN"
  • "Architecting and Implementing a Fibre Channel SAN"
  • SNIA Tutorial Presentations.  These offer a option of 20 sessions for technology topics. Sessions are vendor-neutral, expertly developed and peer-reviewed with content on contemporaneous topics that attendees can apply such as Cloud, stout Data, Non-Volatile Memory, Data Protection and Security. Examples of the specific session titles include:

  • "Deploying Public, Private, and Hybrid Storage"
  • "Massively Scalable File Storage"
  • "Object Storage Technology"
  • "Realities of Solid State Storage"
  • Additionally, the association offers more than 100 online presentations and tutorials, which are available at SNIA.org/education.

    IT Professional Certification Preparation Sessions. These will review key concepts and information participants should know when seeking SNIA Certification in the following credentialed examinations:

  • "CompTIA Storage+ Powered by SNIA" 
  • "Administration and Assessment, Planning and Design"
  • ADDITIONAL EDUCATIONAL AND CERTIFICATION PROGRAMS In addition to opportunities available at SNW, SNIA's global alliance with CompTIA to offer the "CompTIA Storage+ Powered by SNIA" Examination now provides successful candidates with a recognized industry Certification and ISO-accredited Credential. Another section of SNIA's program offers two recently "refreshed" advanced plane Certification Examinations: Storage Networking Management as well as Administration and Assessment, Planning and Design. SNIA plans to announce the availability of credentialed examinations for these two "upper level" certifications in Q2 2013.

    SNIA E-course Learning Options. To prepare for the "CompTIA Storage+ Powered by SNIA" examination, is the unusual addition of a downloadable "SNIAeCourse" iOS App establish on iTunes®. The SNIAeCourse App and extensive preview are free, and the learning material for the App is for a fee. Plans are underway for more App courseware for SNIA upper-level exams.

    SNIA's 2013 Dictionary and Webinars. SNIA annually publishes an award-winning print version (updated twice annually and available online) of its Dictionary -- a Glossary of terms and definitions. 

    SNIA frequently hosts BrightTALK Webinars in many key SNIA technical communities referred to by SNIA as Forums, Initiatives, Committees, Technical Work Groups, and more. These sessions are focused on topics in which technical experts representing SNIA members share their industry insights and experience.

    For access to and information on the SNIA 2013 Dictionary, SNIA BrightTALK Webinars, SNIA Tutorials and much more educational content, gratify visit www.snia.org/education.

    About the SNIA The Storage Networking Industry Association (SNIA) is a not-for-profit global organization, made up of some 400 member companies spanning virtually the entire storage industry. SNIA's mission is to lead the storage industry worldwide in developing and promoting standards, technologies, and educational services to empower organizations in the management of information. To this end, the SNIA is uniquely committed to delivering standards, education, and services that will propel open storage networking solutions into the broader market. For additional information, visit the SNIA web site at http://www.snia.org


    Campus notes | killexams.com true questions and Pass4sure dumps

    Written by Express news Service | unusual Delhi | Published: June 3, 2009 2:05:22 pm

    Jamia students fulfill wellTwo students of Jamia Senior Secondary School,functioning under Jamia Millia Islamia qualified for admission to the IITs. Amir Khan got an all-India rank of 849 in the IIT-JEE,while Salman Shahid held rank 5070. Class XII board results furthermore suffer been encouraging,with a pass percentage of 83.6 per cent with 49 distinctions and 141 first divisions among a total of 250 students.

    On-the-spot admissionsEducation Link organised on-spot admission sessions for Bangor University at the British Council on Friday. The University had a variety of courses to offer,with diverse scholarships at undergraduate and post-graduate levels. MBA and Psychology programmes were the most preferred. The University will subsist visiting Education Link in June again for another on-spot admission session.

    i360 inaugurates unusual centrei360 Staffing and Training Solutions announced the inauguration of their unusual centre in Delhi in Dilshad Garden. The Dilshad Garden centre will offer a great variety of courses to meet the training needs of students. These include vocational training courses like pecuniary wizard,retail management,one-year certificate course in managerial accounting,CS training among others. In addition,the company furthermore offers programmes to develop soft skills such as Career progress Programme,Spoken English,Call Centre Training and IELTS among others. Placement assistance will furthermore subsist provided to students.

    IAM gets certification from UK bodyEdexcel,UK’s largest awarding carcass for academic and vocational qualifications,has partnered with the Institute of Apparel Management (IAM),promoted by Apparel Export Promotion Council (AEPC) to insert their BTEC qualification. The four-year mode and Lifestyle Design programme and the three-year mode and Textile Merchandising programme will now include Edexcel’s BTEC certification on completion of the first two years. The programme will subsist offered to applicants fulfilling requisite criteria in Gurgaon and Navi Mumbai based on seat availability.

    New programme launchedIndian Retail School has introduced a unusual programme in Visual Merchandising and Store Design. The one-year course is for students looking for a specialised career in visual merchandising and store design in retail. Admissions for the course begins on May 15 and the batch starts from July 30,eligibility criterion being graduation from any stream. Eligible students will proceed through an entrance test followed by an interview.

    INSIFT to prepare aspirants for SCP ExamINSIFT,the lore centre for information management,is conducting its inaugural short-term programme to prepare for the Storage Certified Professional Exam SCP 2009.The course is certified by SNIA (Storage Networking Industries Association),a carcass for advancing IT technologies,standards and education programmes for IT professionals. To subsist eligible for INSIFT SCP,candidates need to suffer a basic plane of IT literacy,including at least six months’ experience in IT and/or storage networking operations. Advanced computer skills,knowledge in at least one operating system and technical skills to develop complicated solutions is required.

    For whole the latest Delhi News, download Indian Express App


    2. COMPANY AFFAIRS Standalone | killexams.com true questions and Pass4sure dumps

    To the Members,

    The Directors hereby present the Twenty-Sixth Annual Report of your Company along with the audited pecuniary statements for the pecuniary year ended March 31, 2017. The consolidated performance of the Company and its subsidiaries has been referred to wherever required.

    1. pecuniary RESULTS

    (in Rs. Millions)

    Standalone

    Consolidated

    Year ended March 31, 2017

    Year ended March 31, 2016

    Year ended March 31, 2017

    Year ended March 31, 2016

    Revenue from operations

    836.38

    866.46

    3,416.56

    3,116.30

    Other income

    22.02

    22.13

    22.49

    22.41

    Employee benefits expense

    556.74

    512.74

    2,219.03

    1,984.94

    Cost of technical sub-contractors

    15.71

    16.94

    696.53

    570.02

    Other expenses

    189.55

    207.59

    350.83

    354.51

    Profit before finance cost, depreciation, taxes and amortization

    96.41

    151.33

    172.68

    229.24

    Finance cost

    0.70

    0.50

    3.74

    3.24

    Depreciation and Amortization expense

    14.00

    15.62

    17.00

    18.18

    Profit Before Tax

    81.71

    135.21

    151.93

    207.82

    Tax expense

    27.37

    53.19

    27.69

    (51.46)

    Profit After Tax

    54.33

    82.02

    124.24

    259.27

    Paid-up Equity Share Capital

    253.84

    251.73

    249.68

    247.57

    Earnings Per Share (EPS)

    2.19

    3.27

    5.00

    10.50

    2. COMPANY AFFAIRS Standalone

    On a standalone basis, your Company recorded revenue of Rs. 836.38 million, as against Rs. 866.46 million in the previous year. Mindteck''s net profit stood at Rs. 54.33 million, as against Rs. 82.02 million in the corresponding previous year. At an operating margin level, Mindteck recorded EBITDA of Rs. 96.41 million (11.53%) this year as against Rs. 151.33 million (17.46%) last year.

    Consolidated

    During the year under review your Company recorded consolidated revenue of Rs. 3,416.56 million as against Rs. 3116.30 million in the previous year. Of the consolidated revenue that was recorded, 71% is attributed to the US and the equipoise pertains to repose of the world.

    Mindteck''s Consolidated Net Profit for the year stood at Rs. 124.24 million, as against Rs. 259.27 million in the corresponding previous year.

    At an operating margin level, Mindteck recorded EBITDA of Rs. 172.68 million (5.05%) this year as against Rs. 229.24 million (7.36%) last year.

    There were no material changes and commitments affecting the pecuniary position of the Company which suffer occurred between the stay of the pecuniary year of the Company to which the pecuniary statements relates and the date of the report.

    3. DIVIDEND

    The Board has recommended a dividend of 10% (Re.1 per Equity Share of Rs. 10 each) for the year ended March 31, 2017. This translates into a total outlay of Rs. 30,551,459 including Dividend Distribution Taxes.

    4. traffic FOCUS AND HIGHLIGHTS

    Mindteck provides product engineering and information technology services to Fortune 1000 clients, start-ups, leading universities, and government entities around the globe. The Company is devoted to delivering lore that is critical to serve their clients compete, innovate and propel forward. Mindteck''s legacy expertise in embedded systems and enterprise applications is complemented by its more recently recognized successes in loT-based solutions, such as those, for developing smart cities. It furthermore has a strong track record in storage, life sciences, healthcare and medical devices. Mindteck is among a select group of global companies appraised at Maturity plane 5, Version 1.3 of the CMMI Institute''s Capability Maturity Model Integration (CMMI). The Company is furthermore one of the Founding Members of The Atlas online, a visualization tool for research developed by The center for International progress (CID) at Harvard University. Global alliances include the Intel IoT Solution, GE Digital, Thread Group, IoT Global Network and ZigBee.

    Storage and Semiconductor

    Mindteck''s experience in storage spans over two decades. The Company''s engagements suffer included storage software development, testing, hardware and firmware design, productized solutions, consultancy and implementation services. It has a readily available talent pool in the areas of system development, character assurance, and automation and data center administration. The Company''s top storage clients suffer continuously provided the Company excellent customer satisfaction ratings for its consistent support in executing their traffic critical projects.

    Mindteck is furthermore a technology confederate for the Storage Networking Industry Association (SNIA), a not-for-profit global organization comprised of member companies spanning the global storage market. The mission of this organization is to lead the storage industry worldwide in developing and promoting standards, technologies, and educational services to empower organizations in the management of information. During the year, a key storage expert from Mindteck was elected to the SNIA-India Board.

    For over a decade, Mindteck has been serving the semiconductor apparatus manufacturing industry. The Company''s expertise is comprised of a wide spectrum of IT services, including Semiconductor (SEMI) standards implementation, Device Net implementation, proprietary protocol development, Mechanical Engineering Services (MES), Enterprise Device Monitoring, Electronic Design Services (EDS), simulator development, automation, Change management and end-to-end testing services. Mindteck''s ready-to-deploy solution accelerators, such as a device simulator, automated apparatus software testing framework and Semiconductor apparatus Communications Standard (SECS)/Generic apparatus Model (GEM)-based Factory Automation (FA) test harness, helps lower project risk and cost. Key highlights executed in FY2016-17 include:

    - Expanded storage certification capabilities and added it as a unusual offering. Currently, Mindteck provides certification services on Citrix, VMware, Windows, VSAN and Red Hat; it is furthermore pile expertise in Microsoft Azure certification.

    - Following the boom in all-flash storage devices, Mindteck has developed expertise in twinkle technology and is now providing services to many unusual players in this technology area.

    - Won two unusual projects for software progress and mechanical engineering with an atomic layer deposition group of a semiconductor apparatus company in the US.

    - unusual order with a semiconductor foundry for a wireless notification device in APAC.

    - Received an award for setting up product automation testing teams within a storage company.

    Electronic Design Services

    Mindteck''s expertise in hardware design and embedded software progress has helped it become a trusted confederate to many of the world''s leading semiconductor, automotive, industrial, flux metering, and energy management companies.

    Mindteck''s Electronic Design Services (EDS) group provides core embedded technology solutions and services in a wide variety of sectors, including industrial control systems, gas control and monitors, computer modules, electric vehicle chargers, instrumentation, storage, smart energy and IoT The Company''s integrated product design capabilities span hardware/firmware design, mechanical design, software development, connectivity solutions and value engineering. With a sound ecosystem of established partnerships, Mindteck''s comprehensive approach to product progress consistently results in the reduction of time-to-market for the end-customer. Highlights of recent work include:

    - Successfully delivered a medical communication gateway board for multiple ECG devices.

    - Completed a car audio player upgrade project for an existing Original apparatus Manufacturer (OEM) customer, enabling them to migrate to a unusual hardware platform.

    - Engaged with an existing customer in the belt of analytical instruments to develop hardware and firmware for their next generations Gas Chromatography (GC) system based on unusual sensor technology.

    - Executed the design and progress of two light therapy products for a UK-based customer.

    - Launched a wearable device for production floor automation to better productivity in semiconductor fabrication.

    - Completed a complicated wireless flux meter design for a Swiss customer; also, supporting great scale production of the flux meter.

    - Won multiple design projects in the automotive belt from an industry pioneer.

    Smart Energy and Wireless

    Mindteck is one of the earliest adopters of the ZigBee standards, and possess its own ZigBee and 6LowPan wireless stacks. Having developed ZigBee stacks for major silicon providers, Mindteck''s work is demonstrated through their solution accelerators:

    - Wireless short-range and long-range communication modules

    - Sensor modules for monitoring solar power generation/ efficiency

    - Connectivity with WiFi, ZigBee, LoRa, LTE

    The Company has been consistently focusing on wireless communication and wireless sensor networks for design and progress of wireless monitoring and load control solutions in the automation space. Mindteck has been a ZigBee Alliance contributor member since 2004. It has developed ZigBee Stack and Application profiles for leading semiconductor companies, and conceptualized and developed ZigBee-based products for OEMs. Mindteck is furthermore investing in proactive progress of LoRa stacks. The Company has solution IPs that are market-ready and in line with smart city initiatives. It has furthermore ventured into Wi-Fi based solutions, including wearables.

    The visibility and acceptance of Mindteck''s smart energy offerings increased with the introduction of its Internet of Things (IoT) solutions—parking, pile automation, smart grid, street lighting, health trust and sustainable energy efficient solutions.

    Enterprise IT Solutions

    Mindteck has a strong track record of providing enterprise traffic solutions for great and medium enterprises in whole streams of technologies. In the current year, Mindteck augmented its expertise in mobility solutions by delivering standalone solutions along with its Smart City solution offerings. The progress approach has progressively moved to an Agile/Scrum methodology for most projects executed at Mindteck.

    The purview of Mindteck''s service offerings in this belt include:

    - Enterprise traffic Application progress using Microsoft, Java and LAMP technologies

    - Enterprise Mobility solutions on IOS, Android and Windows platforms

    - Application Maintenance/upgrade/migration across technologies

    - Data Analytics and Visualization

    - Independent Verification and Validation of IT solutions

    Some of the major projects executed by Mindteck during the current year include:

    - SharePoint portal for one of the leading banks in India.

    - SharePoint-based internal tool for one of the largest global IT enterprises.

    - Performance Management Systems for one of the leading banks in India.

    - Independent verification and validation in the belt of medical compliance.

    - Mobility application on iOS and Android for a world leader in car entertainment systems.

    Application Support Services and BPM

    Mindteck provides application support services based on customer requirements. For one of the largest global IT enterprises worldwide, the Company has been providing support for internal traffic tools for several years. Mindteck''s services suffer been rated very lofty on customer satisfaction, consistently - in section due to a combination of the birthright IT skills, along with a strong understanding of the traffic processes of the customer.

    Mindteck has furthermore been providing services in traffic Process Management for areas such as insurance. For underwriting services, Mindteck''s servicing for the niche catastrophic insurance sector has been much appreciated by the client.

    Cloud Computing and stout Data

    Mindteck provides end-to-end cloud-based IT Consulting Services across multiple cloud variants (private, public and hybrid cloud enablement). They suffer in-depth expertise in various cloud platforms, including Amazon Web Services (AWS), Azure, Eucalyptus, Open Stack and VMware, backed with SMEs and technical architects with strong enterprise background and application management, data center and IT infrastructure expertise.

    Mindteck''s cloud enterprise solutions expertise includes cloud-based monitoring and analytics, and stout data solutions. The Company has built a solution hosted on Amazon EC2 that leverages cloud infrastructure to provide the best analytical solutions with regard to the dashboard, custom reports and data mining capabilities. Its holistic analytics and traffic intelligence service offerings serve clients act instantly on their data.

    Mindteck''s Mind-CDMI brings niche expertise in cloud-based storage interoperability in the contour of a Cloud Data Management Interface.

    Mindteck''s MegaMind is a stout data platform that enables automated extraction of car license plate information. A lofty volume of multi-media content (multiple images) streamed from IP cameras located in a city is processed and the car number plate is extracted with greater than a 70% success rate. This solution is targeted for security system providers and law enforcement.

    Healthcare and Medical Devices

    Mindteck''s Kolkata and Bengaluru progress Centers were recertified for ISO 13485 - the world''s most acclaimed medical device standards by many global organizations.

    Mindteck''s medical device expertise focuses on medical imaging, remote monitoring and patient monitoring devices. The company integrates its experience in Life Sciences and Healthcare to provide scientific software solutions and product engineering related services in this niche domain. During the year, Mindteck enriched its capabilities in the areas of predictive analytics for pharma manufacturers. Other unusual offerings include RA/QA services, pharmacovigilance and scientific data management of pharma research laboratories.

    In the UK, Mindteck expanded its traffic with a key medical device client. It is furthermore pursuing a major technology partnership with a leading medical device company in the belt of smart healthcare.

    Life Sciences

    Mindteck provides niche engineering services to many major players of the life sciences industry. Starting from test and measurement companies, Mindteck works across multiple industry segments within analytical and bio-analytical instruments, such as control systems and physical and chemical testing instruments which are extensively used in nanotechnology and materials science. The Company''s offerings include software and hardware progress across many emerging areas, such as mobility, stout data and analytics. The service capabilities of Mindteck broadly cover the complete product engineering needs of device manufacturers.

    For over ten years, Mindteck has been a leading software and hardware solutions provider for the life sciences instrument segment. With its blend of engineering expertise and IT experience, Mindteck is uniquely positioned to deliver against the exacting, and often demanding needs of the industry. Mindteck has longstanding relationships with many major players of the industry and the company''s services suffer consistently exceeded client expectations.

    During the pecuniary year:

    - Mindteck initiated a unusual offering in platform testing of laboratory software, and is developing a Lab Intelligence tool for a Southeast Asian company that will ultimately subsist an enterprise lab analytics tool.

    - Started an date with a property casualty insurance company, and an offshore date with an analytical instrument company.

    Research and Development

    Mindteck''s R&D team has developed a Smart Solutions portfolio to stay ahead in the global market and to serve their clients derive more value. It includes: Smart Parking, Energy Monitoring and Management, Smart Lighting, Smart Healthcare, and Smart Collaboration Solutions. Key pilot projects executed by R&D during the year 2016-17 include:

    Implementation of a Smart Parking Solution for a leading Indian Urban Local carcass (ULB): This innovative car occupancy detection solution uses both Wi-Fi camera with edge-based video analytics and battery-operated wireless sensors to capture car parking occupancy details, along with the date and time stamp. The sensors, which suffer multi-year battery life, were tested for extreme weather conditions at the client location.

    The aggregated real-time parking availability information effortlessly integrates with any government-run and third-party parking aggregator service via the Application Programming Interfaces (APIs). Service providers can furthermore sprint analytics on real-time parking data for detecting any revenue leakages and implementing dynamic pricing models. The solution includes a Smart Parking Mobile App that enables motorists to navigate and zero in on the nearest parking in real-time, resulting in reduced fuel consumption and carbon footprint.

    Big Data POC deal with an Indian global telecommunications services company: For telcos, it is mandatory to store the convene detail records (CDRs) of every incoming and outgoing convene on their network for a age of seven years. Since the data volume of these CDRs is huge, data older than three months is stored on low-cost LTO-4 tapes. Telcos are furthermore mandated to respond to specific CDR tug requests from government investigative agencies in a timely manner which requires restoring the tape and searching for specific CDRs. The current process is manually cumbersome—in addition to being cost prohibitive when the data has to subsist stored.

    To ease the whole process, Mindteck is now partnering with a multinational storage and data management company to supersede the Tivoli-based tape storage system for CDRs by developing a Hadoop-based stout data solution which archives the CDR data to their Storage GRID Webscale—a low-cost remonstrate storage product that can scale in petabytes of storage and provides software-defined storage. This enables the CDR data to subsist available online for tug requests and analytics.

    Mindteck''s R&D team is furthermore focusing on creating unusual innovative smart solutions, products and processes and further assimilating them with existing IoT solutions to enhance the company''s smart city offerings. Over the past year, it has conducted proof of concepts (POCs) with clients for select projects and collaborated on initiatives with marquee clients.

    Government and Smart Cities

    Mindteck has been working with state and local governments since 1999. The company has successfully executed numerous projects in health and human services, education, constituent services, and public safety in the US, including in Pennsylvania, Texas, Michigan, Massachusetts, Oregon, District of Columbia, Wisconsin, California, West Virginia, unusual York, unusual Hampshire and Florida. Mindteck has a strong history of delivering projects comprising application development, program and project management, traffic analysis, testing, strategic consulting and professional services. During the year, Mindteck initiated a unusual traffic date with an established software services company that provides a myriad of traffic and technical solutions to the commercial and federal government market.

    Within the smart city space, Mindteck further accelerated momentum by implementing smart capabilities for cities. Mindteck''s notable highlights in this belt include:

    - Deployment of smart meters, along with software back-end integration, for the first smart grid project a great electricity supply company in South India.

    - Implemented the first smart parking solution for a great municipal corporation in India.

    - Won a smart home pilot automation/grid project.

    CENTERS OF EXCELLENCE Storage Testing

    Mindteck''s Storage center of Excellence (CoE) has a long-term vision for the storage product line with a well-structured implementation plan. The company has the capacity and capability to offer a diverse purview of storage engineering services. Leading storage solution vendors suffer benefited from their comprehensive character assurance.

    Mindteck'' Storage Testing CoE is primarily aimed at providing the skills, people, processes and infrastructure to enable their customers to build and enhance product character in the storage space. For over a decade, Mindteck has built comprehensive expertise in storage functional testing, automation, performance testing, system testing and certification testing

    - especially in the SAN, NAS and unified storage space, in tandem with multiple storage product vendors.

    Wireless and Smart Energy

    Mindteck continues to focus on providing monitor and control solutions by designing blocks required for wireless connectivity for IoT. The company''s current focus is on control nodes, gateways with multi-technology connectivity, and web server/applications for support over the cloud for pile automation and energy-efficient solutions across various industry sectors. Mindteck won a unusual project with an existing client in the Solar PV traffic for integrating a unusual module and furthermore secured extensions for their application support.

    With mobile applications becoming a section of every enterprise solution, Mindteck has built mobility expert centers with profound skills in developing both hybrid and indigenous mobile applications on IOS, Android and Windows smart phones. As section of this initiative, Mindteck has dedicated teams in various aspects of mobility, including HTML5 and Java Script-based hybrid application progress using tools like Cordova and PhoneGap, indigenous application progress on IOS using Xcode/Objective C and indigenous Android progress using Eclipse and Android Studio/Java. Mindteck has furthermore nurtured the backend progress related to mobility using Jason-based Web Services and proprietary protocols. Based on this CoE initiative, Mindteck has acquired customer projects and developed mobile applications in the smart energy, medical and infotainment areas. Some of these applications were deployed in Google Play Store, Apple iTunes and the Windows Store.

    Medical Devices

    Mindteck Kolkata''s CoE has made further in-roads into value development. It has developed expertise in medical data exchange protocols, such as HL7 and DICOM, medical data security aspects involving FIPS140-2 and HIPPA, and FDA-recommended progress guidelines. Mindteck has worked with a wide set of medical vital parameters and gathered significant expertise in using medical data simulators.

    Life Sciences

    With two, state-of-the-art, in-house analytical instrument laboratories, Mindteck is capable of delivering software and hardware solutions, executing R&D assignments, and conducting analytical testing on a variety of instruments for customers.

    Change in Nature of Business

    There were no changes in the Nature of traffic of the Company during the year.

    5. QUALITY

    At Mindteck, they believe "Quality is the result of a carefully constructed cultural environment. It has to subsist fabric of the organization, not section of the fabric". - Phill C

    Mindteck''s character Management System (QMS) is a collection of traffic processes focused on consistently meeting customer requirements and enhancing their satisfaction. Mindteck continues to adhere to ISO certifications 9001:2008, ISO 13485:2003, ISO 27001:2013 and CMMI-DEV Version 1.3 Maturity plane 5.

    Mindteck''s appraisal at CMMI-DEV Version 1.3 Maturity plane 5 is a testament to its corporate commitment and attention to quality, providing significant benefits to clients and employees. Mindteck leveraged CMMI-DEV Version 1.3 Maturity plane 5 to achieve improved customer satisfaction, and ultimately further profitability and growth.

    ISO certifications demonstrate Mindteck''s ongoing commitment to delivering a consistent plane of character to customers through its well-defined process and procedures. Mindteck is enterprise-wide certified against ISO 9001:2015 (Quality Management) and continues to hold domain-specific character certification ISO 13485:2003 (for Medical Devices). This assures the company''s commitment to providing value to clients through process-driven innovation principles at every stage of medical device progress and design.

    Mindteck understands that the confidentiality, integrity, and availability of information are vital to traffic operations and success. Mindteck uses a multi-layered approach to protect key information by constantly monitoring and improving its applications, systems, and processes to meet the growing demands and challenges of dynamic security threats. last year, again, Mindteck successfully maintained CMMI plane 5 for software and hardware progress projects in its Bengaluru and Kolkata locations. Additionally, the Capability Maturity Model Integration (CMMI) Institute accepted Mindteck as a partner. In its role as Partner, the Company is now certified to provide official CMMI Institute services in Capability Maturity Model Integration (CMMI) and Data Management Maturity (DMM).

    6. INFRASTRUCTURE

    Mindteck has offices in the US, UK, Singapore, Malaysia, Philippines, Bahrain, Netherlands, Germany and India. There are furthermore four progress centers equipped with R&D laboratories across the globe. The infrastructure includes space for workstations, conference rooms, meeting rooms, labs and a world-class communication system. The innovative ''best shore delivery model'' has provided their customers with a blend of onsite, offshore, near shore, offshore-onsite and other hybrid delivery options across geographies, for faster and more efficient delivery of character services.

    7. SUBSIDIARIES

    On March 31, 2017, Mindteck had six wholly-owned subsidiaries: Mindteck, Inc. (US), Mindteck Middle East Limited S.P.C. (Bahrain), Mindteck Software Malaysia SDN. BHD. (Malaysia), Mindteck Singapore Pte. Ltd. (Singapore), Mindteck (UK) Limited (UK) and Chendle Holdings Limited (British Virgin Islands). Mindteck (UK) Limited has two subsidiaries – Mindteck Germany GmbH (Germany) and Mindteck Netherlands B.V. (Netherlands). Mindteck Singapore Pte. Ltd. has one subsidiary -Mindteck Solutions Philippines, Inc. (Philippines).

    The Consolidated Financials suffer been audited and contour section of this Annual Report. The financials of the subsidiaries suffer furthermore been audited by the respective statutory auditors. The Consolidated Financials suffer been prepared and audited in strict compliance with applicable Accounting Standards and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 as prescribed by SEBI. whole information, including (a) capital (b) reserves (c) total assets (d) total liabilities (e) details of investment (except in case of investment in the subsidiaries) (f) turnover (g) profit before taxation (h) provision for taxation (i) profit after taxation and (j) proposed dividend as directed by the Ministry of Corporate Affairs, has been disclosed in the Consolidated equipoise Sheet. pecuniary Highlights with the Indian rupee equivalent of the figures given in the strange currency, along with exchange rate as on closing day of the pecuniary year, and the statement pursuant to Section 129(3) in contour AOC-1, forms section of this Annual Report as Annexure-1.

    Further, the Company undertakes that the annual accounts of the subsidiary companies and the related minute information will subsist made available to any investor seeking such information at any point of time. The annual accounts of the subsidiary companies and related minute information will furthermore subsist kept for inspection by any investor at Mindteck''s Registered Office and that of the respective subsidiary companies. They shall furnish a difficult copy of the accounts of subsidiaries to any shareholder on require and a soft copy of accounts is available on the Investors section of Company''s website www.mindteck.com. The Holding, as well as Subsidiary companies, regularly files the applicable data to various regulators and government authorities, as and when required.

    None of the Subsidiaries, Joint ventures or Associate companies ceased during the year.

    8. RELATED PARTY TRANSACTIONS

    All Related Party Transactions that were entered during the pecuniary year were on an arm''s length basis and in the ordinary course of business. There were no material significant Related Party Transactions made by the Company with Promoters, Directors, Key Managerial Personnel or other designated persons and their relatives except with its wholly-owned subsidiaries. The particulars of such contracts or arrangements with related party are attached in Annexure-2.

    9. AWARDS AND RECOGNITION

    Mindteck is among the select group of global companies appraised at CMMI-DEV Version 1.3 Maturity plane 5 from CMMI Institute. It is enterprise-wide certified against ISO 9001:2015— character Management and continues to hold domain-specific character certification ISO 13485:2003 for Medical Devices. In recognition of its security efforts, Mindteck was certified for ISO 27001:2013-Information Security Management System. Additionally, this year Mindteck was certified to provide official CMMI Institute services in Capability Maturity Model Integration (CMMI) and Data Management Maturity (DMM).

    10. LITIGATION

    No material litigation is outstanding as on March 31, 2017 except one recovery suit filed in connection with advance payment made for the proposed office premises, which was not occupied by the Company.

    11. CHANGES TO SHARE CAPITAL

    The Board of Directors of the Company allotted 21,366 Equity Shares on May 20, 2016, 40,666 Equity Shares on August 10, 2016, 78,996 Equity Shares on November 11, 2016 and 69,766 Equity Shares on February 10, 2017 pursuant to allotment of shares under the Employee Stock Option Schemes. Consequently, the outstanding, issued, subscribed and paid up Equity Shares increased from 25,173,101 to 25,383,895 as on March 31, 2017.

    12. BOARD COMMITTEES

    The details of various Committees of the Board are provided in the Corporate Governance Report.

    13. FIXED DEPOSITS

    The Company has not accepted any fixed deposits and, as such, no amount of principal or interest was outstanding as on the equipoise Sheet date.

    14. PARTICULARS OF LOANS, GUARANTEES OR INVESTMENTS

    Loans, Guarantees or Investments covered under Section 186 of the Companies Act, 2013 forms section of the notes to the pecuniary Statements provided in the Annual Report.

    15. TRANSFER TO RESERVES

    During the year, the Company transferred Rs. 54,334,201 to its reserves.

    16. DIRECTORS

    As per Article 112 of the Articles of Association of the Company, Mr. Meenaz Dhanani retires by rotation as Director in the ensuing Annual common Meeting and, being eligible, offers himself for reappointment. A brief resume of Mr. Meenaz Dhanani is included in the notice for the Annual common Meeting. Mr. Meenaz Dhanani was re-appointed as an Executive Director of the Company for a age of three years effectual from October 04, 2016.

    Mr. Sanjeev Kathpalia was appointed as an Additional Director effectual from February 10, 2017 and subsequently he was elevated to the position of Managing Director and Chief Executive Officer with upshot from March 01, 2017 for a age of three (3) years. The Resolution seeking the approval of Members for appointment of Mr. Sanjeev Kathpalia as Managing Director and Chief Executive Officer forms section of the notice for the 26th Annual common Meeting. A brief resume of Mr. Sanjeev Kathpalia is included in the notice for the Annual common Meeting.

    Declarations by Independent Directors

    All Independent Directors suffer given declarations to the upshot that they meet the criteria of independence as laid down under Regulation 16(1)(b) & 25 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and Sub-Section 6 & 7 of Section 149 of the Companies Act, 2013.

    Board Evaluation

    Pursuant to the provisions of the Companies Act, 2013 and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Company has carried out an annual performance evaluation of its Board''s performance, the Directors individually, as well as the evaluation of the working of its Committees and Chairperson.

    Board Diversity

    The Company places powerful accent on the principle of diversity, including gender diversity. Diversity throughout the organization makes powerful traffic sense. The Company maintains that appointments to the Board should subsist based on merit as well as complementing and expanding the skills, lore and experience of the Board as a whole.

    Policy on Directors'' appointment and remuneration

    Mindteck has an usurp blend of Executive and Independent Directors to maintain the independence of the Board, and separate its functions of governance and management. As on date, the Board consists of Eight Directors, two of whom are Executive or Whole-time Directors, one is Non-Executive and five are Independent Directors, including one woman Director. The Board periodically evaluates the need for change in its composition and size. The policy of the Company on Directors'' appointment and remuneration, including criteria for determining qualifications, positive attributes, independence of a Director and other matters provided under Sub-section 3 of Section 178 of the Companies Act, 2013, adopted by the Board, is attached as Annexure-3 to the Board''s report. They affirm that the remuneration paid to the Directors is as per the terms.

    Number of meetings of the Board

    The Board met four times during the pecuniary Year, the details of which are given in the Corporate Governance report that forms section of this Annual Report. The intervening gap between any two meetings was within the limit prescribed by the Companies Act, 2013 and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

    Vigil Mechanism/Whistleblower Policy

    The Company has established a Whistleblower Policy for Directors and employees to report their genuine concern and the said policy is attached as per Annexure-4.

    17. KEY MANAGERIAL PERSONNEL

    Mr. Sanjeev Kathpalia was appointed as Managing Director and Chief Executive Officer with upshot from March 01, 2017 for a age of three (3) years. The term of Mr. Yusuf Lanewala as Managing Director and Chief Executive Officer completed on March 31, 2017 and he continues to subsist a Non-Executive Chairman of the Company with upshot from April 01, 2017.

    18. AUDITORS Statutory Auditor

    Mindteck''s statutory auditor, M/s. B S R & Company, Chartered Accountants, Bengaluru, holds office as Auditor until the conclusion of the ensuing Annual common Meeting and by virtue of compulsory rotation of Auditor, the Board recommends the appointment of S.R. Batliboi & Associates LLP, Chartered Accountants (Firm Registration No. 101049W/E300004) to the shareholders in the ensuing Annual common Meeting, who has confirmed its eligibility and willingness to accept the office of Auditor, if appointed for a age of five (5) years, i.e. up to the AGM of FY 2021-22, as per the Companies Act, 2013.

    Secretarial Auditor

    CS S Kannan a Practicing Company Secretary, was appointed to conduct the Secretarial Audit of the Company for the FY 2016-17, as required under Section 204 of the Companies Act, 2013 and Rules thereunder. The Secretarial Audit Report for the FY 2016-17 forms section of the Annual Report as Annexure-5 to the Board''s Report.

    The Board illustrious the reports given by Statutory Auditor & Secretarial Auditor and confirmed that there are no qualifications, reservations or adverse remarks or disclaimers.

    19. EXTRACT OF ANNUAL RETURN

    In accordance with Section 134(3)(a) of the Companies Act, 2013, an extract of the annual return in the prescribed format is attached as Annexure-6 to the Board''s Report.

    20. SIGNIFICANT AND MATERIAL ORDERS

    There were no significant and material orders passed by the Regulators or the Courts or Tribunals impacting the going concern status and Company''s operation in the future. The details of Tax Matters are disclosed in Annexure to Auditor''s Report in the Standalone pecuniary Statements.

    21. INTERNAL pecuniary CONTROL

    The Board has adopted the policies and procedures for ensuring the methodical and efficient conduct of its Business, including adherence to the Company''s policies, safeguarding its assets, prevention and detection of frauds and errors, accuracy and completeness of the accounting records, and timely preparation of the amenable pecuniary disclosures.

    22. INDEPENDENT DIRECTORS FAMILIARISATION PROGRAMME

    Mindteck has an established a familiarization programme for its Independent Directors. The traffic heads, Executive

    Directors and Company Secretary Make presentations on traffic models, nature of industry and its dynamism, the roles, responsibilities and liabilities of Independent Directors etc. Further, updates on business, statutory law and industry are made available to Independent Directors, especially to the Audit Committee members on an ongoing basis by internal teams and Statutory and Internal Auditors on a quarterly basis.

    23. PARTICULARS OF EMPLOYEES

    The table containing the names and other particulars of employees in accordance with the provisions of Section 197(12) of the Companies Act, 2013, read with Rule 5(1) of the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014, is attached as Annexure-7 to the Board''s report.

    The list of top 10 employees and other employees employed throughout the pecuniary year and are in receipt of remuneration of Rs. 102 lakhs or more, or employed for section of the year and in receipt of Rs. 8.50 lakhs or more in a month, under Rule 5(2) and 5(3) of the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014 is as under:

    Top 10 Employees of the Company based upon the remuneration drawn during the FY 2016-17

    Employee Name

    Designation

    Remuneration Received

    Nature of Employment

    Qualification

    Experience (in years)

    Date of Commencement of Employment

    Age

    Last Employment

    Percentage of Equity shares held by the employee in the Company

    Any such employee is a relative of any Director or manager of the Company and if so, title of such Director or manager

    Yusuf Lanewala

    CMD

    6,999,996

    Contractual

    B.Com, MBA

    38

    11-Jun-13

    63

    Information Technical Consultant

    0.20%

    NO

    Anand Balakrishnan

    CFO

    4,980,323

    Employee

    CA

    19

    04-Sep-14

    44

    JLT

    NIL

    NO

    Sumit Goswami *

    EVP -Managed Services (US)

    4,976,068

    Employee

    B.E (Computer Technology), PGDBM

    23

    16-May-16

    50

    Wipro Limited

    NIL

    NO

    Surjit Lahiri

    VP Technology

    4,495,183

    Employee

    B. Tech

    25

    29-Mar-05

    47

    Novellus India Pvt Ltd

    0.04%

    NO

    Arup Banerjee

    Sr. VP- Managed

    Services

    (ROW)

    3,384,814

    Employee

    B. Tech

    28

    08-Jul-11

    51

    HCL Technologies Ltd

    0.002%

    NO

    Girish Chandrasekhar Pachuveetil

    AVP-Delivery

    3,374,456

    Employee

    MS

    22

    09-Apr-15

    49

    CGI Information Systems and Management Consultants Pvt. Ltd.

    NIL

    NO

    Satheesh

    Kumar

    Sreedharan

    VP- Delivery

    3,311,893

    Employee

    M. Tech

    30

    14-Jun-11

    57

    GE Healthcare

    0.04%

    NO

    Shivarama Adiga S.

    VP - Legal and Company Secretary

    3,261,321

    Employee

    M.Com, LLB and CS

    39

    18-Mar-13

    59

    Diligent Media Corporation Limited

    0.06%

    NO

    Dr. Krishnan K V

    VP - TSA

    3,172,077

    Employee

    M.Sc., Ph.D.

    35

    03-May-07

    66

    ISRO - Govt of India

    NIL

    NO

    Harish Nair

    Regional VP-IMEA

    2,948,156

    Employee

    MBA

    20

    11-Sep-13

    43

    EDC Creattive Technology Solutions

    0.04%

    NO

    Employees employed throughout the pecuniary year and are in receipt of remuneration of Rs. 102 Lakhs or more, or employed for section of the pecuniary year and are in receipt of Rs. 8.50 Lakhs or more a month.

    Employee Name

    Designation

    Remuneration Received

    Nature of Employment

    Qualification

    Experience (in years)

    Date of Commencement of Employment

    Age

    Last

    Employment

    Percentage of Equity shares held by the employee in the Company

    Any such employee is a relative of any Director or manager of the Company and if so, title of such Director or manager

    Sanjeev Kathpalia

    Managing Director and Chief Executive Officer

    987,535

    Contractual

    B. Tech, IIT Delhi (Chemical Engineering), MBA, IIM Calcutta

    35

    March 01, 2017

    64

    Senior Advisor to the Prime Minister (Republic of Turkey)

    NIL

    NO

    24. COMMITTEES OF THE BOARD

    Currently, the Board has six Committees: the Audit Committee, Nomination and Remuneration Committee, Corporate Social Responsibility Committee, Stakeholders Relationship Committee, Corporate Governance Committee and Risk Management Committee.

    A minute note on the Board and its Committees is provided under the Corporate Governance report in this Annual Report. The composition of the Committees and compliances, as per the applicable provisions of the Act and Rules, are as follows:

    Name of the Committee

    Composition of the Committee

    Highlights of duties, responsibilities and activities

    Audit Committee

    Mr. Narayan A. Menon - Chairman Mr. Yusuf Lanewala - Member Mr. Javed Gaya - Member Mr. Jagdish Malkani - Member Mr. Guhan Subramaniam - Member Ms. Prochie Mukherji - Member

    - The Committee oversees the Company''s pecuniary reporting process and disclosures of its pecuniary information to ensure accuracy and reliability.

    - The Company has adopted the Whistleblower mechanism for Directors and employees to report concerns about unethical behavior, actual or suspected fraud, or violation of the Company''s Code of Conduct and Ethics. The Whistleblower Policy is attached as Annexure-4 to the Board''s report.

    - In accordance with the Companies Act, 2013 and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Company has formulated policies on Related Party Transactions and material subsidiaries. The policies, including the Whistleblower Policy, are available on Company''s website.

    Nomination and Remuneration Committee

    Mr. Javed Gaya - Chairman Mr. Jagdish Malkani - Member Mr. Narayan A. Menon - Member Mr. Guhan Subramaniam - Member Ms. Prochie Mukherji - Member

    - The Committee oversees and administers executive compensation, operating under a written charter adopted by the Board of Directors.

    - The Committee has designed and continuously reviews the compensation program for the Managing Director & Chief Executive Officer and senior executives to align both short-term and long-term compensation with traffic objectives and to link compensation with the achievement of measurable performance goals.

    - The Committee structures compensation to ensure that it is competitive in the global markets in which it operates in order to attract and retain the best talent. The Committee intends to suffer a combination of stock options and performance-based stocks to align senior employee compensation.

    - The Nomination and Remuneration Committee has framed the nomination and remuneration policy. A copy of the policy is attached as Annexure-3 to the Board''s report.

    Corporate Social Responsibility Committee

    Mr. Yusuf Lanewala - Chairman Mr. Javed Gaya - Member Mr. Jagdish Malkani - Member

    - The Board has laid out the Company''s policy on Corporate Social Responsibility (CSR), and the CSR activities of the Company are carried out as per the instructions of the committee.

    - The Company allocated 2% of its medium net profits for three years immediately preceding the pecuniary year on CSR activities to various beneficiaries.

    - pecuniary data pertaining to the Company''s CSR activities to various beneficiaries for the FY 201617 is attached under the prescribed format in Annexure-8 to the Board''s Report.

    - The contents of the CSR policy are available on Company''s website (Weblink: http://www.mindteck.com/ assets/investor_pdf/CSR_Policy.pdf).

    Stakeholders Relationship Committee

    Mr. Javed Gaya - Chairman Mr. Yusuf Lanewala - Member Mr. Jagdish Malkani - Member

    - The Committee reviews and ensures redressal of investor grievances.

    - The Committee illustrious that whole the grievances of the investors suffer been resolved during the year and there are no pending grievances as on the year end.

    Risk Management Committee

    Mr. Yusuf Lanewala - Chairman Mr. Meenaz Dhanani - Member Mr. Anand Balakrishnan - Member

    - The purpose of the Committee is to assist the Board in fulfilling its Corporate Governance with regard to the identification, evaluation and mitigation of operational, strategic and environmental risks efficiently and effectively.

    - The Company has developed and implemented a risk Management framework that includes identification of elements of risk, if any which in the conviction of the Board may threaten the existence of the Company.

    - The details of the Management framework contour section of this Annual Report.

    Corporate Governance Committee

    Mr. Narayan A. Menon - Chairman Mr. Yusuf Lanewala - Member Mr. Jagdish Malkani - Member Mr. Meenaz Dhanani - Member

    - Review Board/Corporate Codes and Make suitable recommendations to the Board from time to time.

    - Review the Structure/Charters of other Board Committees and Make suitable recommendations to the Board from time to time.

    - Recommend best practices and standards in any particular belt to the Board of Directors as per its mandate.

    25. RISK MANAGEMENT POLICY

    The Company has a robust Enterprise Risk Management (ERM) framework to identify and evaluate traffic risk opportunities. This framework seeks to create transparency, minimize adverse repercussion on the traffic objectives and enhance the Company''s competitive advantage. The traffic risk policy defines the Risk Management approach across the enterprise at various levels, including documentation and reporting. The model has different modes that serve in identifying risk trends, exposure and potential repercussion analysis at a Company plane and furthermore separately for different traffic segments. The Company has identified various risks and furthermore has mitigation plans for each risk identified.

    26. CORPORATE GOVERNANCE REPORT

    Mindteck recognizes salubrious Corporate Governance and is committed to sound corporate practices based on conscience, openness, fairness, professionalism and accountability, for the profit of its stakeholders and for long-term success. They adhere to the standards set by SEBI for Corporate Governance practices as per SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and a report on Corporate Governance pursuant to Regulation 34 read with Schedule V of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 forms section of this report in Annexure-9.

    27. MANAGEMENT DISCUSSION AND ANALYSIS

    The Management Discussion and Analysis is section of this Annual Report.

    28. DIRECTORS'' RESPONSIBILITY STATEMENT

    To the best of its lore and belief, and according to the information and explanations obtained by the Company, your Directors made the following statements in terms of Section 134(3)(c) of the Companies Act, 2013:

    a. that in the preparation of the annual pecuniary statements for the year ended March 31, 2017, the applicable accounting standards suffer been followed along with proper explanation relating to material departures, if any;

    b. that such accounting policy as mentioned in Note 2 of the notes to the pecuniary Statements suffer been selected and applied consistently. Judgment and estimates suffer been made that are reasonable and prudent so as to give a accurate and objective view of the state of affairs of the Company as at March 31, 2017 and of the profit of the Company for the year ended on that date;

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

    d. that the annual pecuniary statements suffer been prepared on a going concern basis;

    e. that proper internal pecuniary controls were in situation and that the pecuniary controls were adequate and were operating effectively;

    f. that system to ensure compliance with the provisions of whole applicable laws were in situation and were adequate and operating effectively.

    29. THEY CARE

    At Mindteck, trust is rooted in the ways they engage and enable, and fundamental to the way in which the Company builds and cultivate relationships, champion others, foster careers in technology, and steward community causes. In2012, Mindteck established THEY trust as a framework for honouring their commitments and making a lasting disagreement both inside and outside the organization. The cornerstones are Knowledge, Opportunity, Advocacy, Inclusion, Goodwill and Respect. Constituents include Shareholders, Clients, Employees, Partners and Communities.

    During FY 2016-17, Mindteck made further strides forging positive brand associations, pile stronger relationships and innovating within the THEY trust framework:

    Mindteck Academy, and IT workforce progress solution, builds opportunities for learning, hiring and economic growth in the communities they serve.

    - The underserved - qualified military veterans, recent college graduates, displaced workers - learn the technology skills required for gainful employment;

    - Companies and government entities struggling to overcome IT skill shortages hire local citizens who suffer been trained to exact specification and need;

    - Communities grow as their unemployed or underemployed are hired or retrained.

    Notable highlights for the Academy''s year include:

    - Conducted their first onsite traffic Analyst Boot camp in Madison, WI.

    - Launched online, live, instructor-led Java/JEE course.

    - Established partnerships for graduate placement, including one of the largest pecuniary institutions in the world.

    - Conducted internal Java and Agile-Scrum training for three clients.

    - Hired a Technical Director to oversee classes, courseware and trainee performance.

    Consultant trust focuses on retaining and developing Mindteck''s valued people assets who work onsite at client locations. On an ongoing basis, their Brand Ambassadors assist, educate and engage consultants in multiple states throughout North America and Canada. During the year, the Leads Rewards Program was expanded to include non-W2 Mindteck employees and consultants. Their Brand Ambassadors furthermore assisted the recruiting team on improving their process and remarketing reporting. As an adjunct activity, the Consultant trust Manager acquired two unusual clients, and furthermore nurtured relationships related to smart city initiatives in the US. In the coming year, Consultant trust will establish a pilot program for global Consultant trust endeavors, strengthen dialogue and multi-level date with top-tier ''ambassador consultants'' optimize the consultant portal to achieve ''destination'' status, and continue spearheading footprint expansion in Missouri.

    Transition trust provides opportunities for seasoned technology professionals, who suffer been a victim of downsizing, to continue benefiting from their wealth of experience and knowledge. They match their skillets to their niche needs to serve build a stronger Mindteck. Transition trust is furthermore a resource for clients who want to preserve their reputation and employee esprit de corps during a restructuring, as well as for outplacement firms that want to reduce their roster of displaced IT professionals.

    Client Care, which focuses on the client constituent of THEY CARE, is a customer experience (CX) endeavour designed to engage and enable clients, as well as champion a caring culture and traffic approach. The Client trust Ambassador is a client advocate, operating both cross-functionally and independently across the organization. Key efforts during the year focused on: Supporting process improvements, and delivery and service performance; Liaising with the US sales teams; Referrals to unusual clients and partners. An expansion of these efforts, along with increased channel/other engagement, will foster additional advocacy, loyalty and credibility during FY 2017-18.

    30. CSR INITIATIVES

    Mindteck''s Corporate Social Responsibility (CSR) commitment is section of THEY CARE. They believe that through their successes around the globe, they should give back in kindhearted and deed. They carry out what they can to create shared value and steward their resources to create hopeful tomorrows for others.

    Core pillars of Mindteck''s CSR endeavors are Global Education and Local Targeted Giving. They believe in the empowerment of lore and how it helps to bring positive change and stability to society as a whole; they furthermore know that giving to local organizations that embrace the interests and values of the communities they serve builds stronger communities and makes traffic sense.

    INDIA CSR:

    In FY 2016-17, Mindteck allocated more than 2% of its three-year medium net profits towards CSR activities and the details of the very are attached to this report as Annexure-8.

    Bangalore Samarthanam Trust - empowers visually impaired, disabled and underprivileged individuals through developmental initiatives focused on education, social, economic independence and technology.

    Government Girls lofty School and Government PreUniversity (PU) College for Girls in Hoskote through Bangalore Indiranagar Rotary Trust - supports academic improvement, extracurricular activities and sanitation facilities.

    Gandhi extinct Age Home - Donated an ambulance and provided other infrastructure support to a government recognized institution dedicated to the welfare of the aged and neglected;

    Western Railways, Mumbai through Rotary Club of Bombay, Kandivli Charitable Trust - Repair and major revamp of toilet blocks on suburban railway stations from Virar to Churchgate (Mumbai) for local Stations, through Rotary Club of Bombay Kandivli Charitable Trust.

    US CSR:

    Local, targeted CSR efforts in the US for the unusual year are under way. In 2016-17, these organizations were selected:

    Northeast: The Seeing Eye - breeds and raises puppies to steer blind people; instructs blind people in proper use/ handling/care of the dogs; conducts and supports research on canine health and development.

    Elijah''s promise - harnesses the power of food to smash the cycle of poverty, purge hunger and change lives.

    Central Southeast: Pennsylvania Breast Cancer Coalition

    - represents supports and serves breast cancer survivors and their families in Pennsylvania through educational programming, legislative advocacy and research.

    Coder Kids - encourages kids to learn about Computer Science and programming; develops their interests in whole areas of Science, Technology, Engineering and Mathematics (STEM) through active, hands-on learning with projects, demos and presentations by other kids and local technology professionals.

    Southwest and Missouri: North Texas Food Bank (Plano

    Food4Kids) - committed to addressing food insecurity of Chronically hungry early childhood and elementary school children in Plano, TX. Through partnering with the food bank, Food4Kids provides kids with a backpack filled with nutritious, shelf-stable food every Friday during the school year.

    A.R.C. Angels Foundation - dedicated to saving lives by helping teens subsist actively involved in the prevention of teenage suicide; provides educational programs that empower teens to recognize signs/symptoms of suicide and purchase preventative actions.

    West: YES! for Schools - teaches youth healthy strategies to manage stress and emotions, so that they may exhibit greater self-possession and motivation to succeed in school and Make healthy choices when faced with life''s challenges.

    31. MINDTECK EMPLOYEES STOCK OPTION SCHEMES

    Mindteck believes in the policy of enabling Mindteckians to participate in the ownership of the company and share in its wealth creation as they are amenable for the management growth and success of the Company. The Company has three Employee Stock Options Schemes: Mindteck Employees Stock Options Scheme 2005, Mindteck Employees Stock Options Scheme 2008 and Mindteck Employees Stock Options Scheme 2014.

    a. Mindteck Employees Stock Options Scheme 2005

    During the year ended March 31, 2017, under this Scheme, the company granted 14,400 options on November 11, 2016 at an exercise charge of Rs. 85.05 per share and 14,400 options on February 10, 2017 at an exercise charge of Rs. 92.10 per share, and furthermore issued and allotted 59,300 shares to eligible employees. There has been no variation in the terms of ESOP Scheme during the year.

    b. Mindteck Employees Stock Options Scheme 2008

    During the year ended March 31, 2017, under this Scheme, the company granted 69,600 options on May 20, 2016 at an exercise charge of Rs. 103.90 per share and 239,000 options on August 10, 2016 at an exercise charge of Rs. 90.75 per share, and it has issued and allotted 151,494 shares to eligible employees. There has been no variation in the terms of ESOP Scheme during the year.

    c. Mindteck Employees Stock Options Scheme 2014

    During the year ended March 31, 2017, under this Scheme, the company granted 250,000 options on March 30, 2017 at an exercise charge of Rs. 78.10 per share. There has been no variation in the terms of ESOP Scheme during the year.

    The details of the Employees Stock Option Schemes as required under Regulation 14 of SEBI (Share Based Employee Benefits) Regulations, 2014 are displayed on the website of the Company. (Weblink: http://www.mindteck.com/ assets/investor_pdf/Disclosures-pursuant-to-SEBI-Regulations-2014.pdf)

    32. MINDTECK EMPLOYEES WELFARE TRUST

    The Mindteck Employees Welfare Trust was set up in the year 2000 to implement the Company''s Share Incentive Scheme. As on March 31, 2017, the said Trust holds 416,000 shares of the Company and has not yet granted any shares to the Company''s employees under the said scheme.

    33. CONSERVATION OF ENERGY, RESEARCH AND DEVELOPMENT, TECHNOLOGY ABSORPTION, strange EXCHANGE AND OUTGO

    Particulars that are required to subsist disclosed under Sub-section 3(m) of Section 134 of the Companies Act 2013, read with the Companies (Accounts) Rules, 2014 are set out in Annexure-10 included in this Report.

    34. ACKNOWLEDGEMENTS

    The Directors situation on record their appreciation of cooperation and continued support extended by customers, shareholders, investors, partners, vendors, bankers, the Government, and statutory authorities for the Company''s growth. They thank employees at whole levels across the Group for their valuable contribution in their progress and spy forward to their continued support.

    for and on behalf of the Board of Directors

    Bengaluru, India Sanjeev Kathpalia

    May 22, 2017 Managing Director and Chief Executive Officer

    (DIN: 05257060)



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    FCTC [2 Certification Exam(s) ]
    Filemaker [9 Certification Exam(s) ]
    Financial [36 Certification Exam(s) ]
    Food [4 Certification Exam(s) ]
    Fortinet [12 Certification Exam(s) ]
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    FSMTB [1 Certification Exam(s) ]
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    Hospitality [2 Certification Exam(s) ]
    HP [746 Certification Exam(s) ]
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    Microsoft [368 Certification Exam(s) ]
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    Misc [1 Certification Exam(s) ]
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    NIELIT [1 Certification Exam(s) ]
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    Novell [37 Certification Exam(s) ]
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    PostgreSQL-CE [1 Certification Exam(s) ]
    Prince2 [6 Certification Exam(s) ]
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    PTCB [2 Certification Exam(s) ]
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    Sair [8 Certification Exam(s) ]
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    SAP [98 Certification Exam(s) ]
    SASInstitute [15 Certification Exam(s) ]
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    SCO [10 Certification Exam(s) ]
    SCP [6 Certification Exam(s) ]
    SDI [3 Certification Exam(s) ]
    See-Beyond [1 Certification Exam(s) ]
    Siemens [1 Certification Exam(s) ]
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    SOA [15 Certification Exam(s) ]
    Social-Work-Board [4 Certification Exam(s) ]
    SpringSource [1 Certification Exam(s) ]
    SUN [63 Certification Exam(s) ]
    SUSE [1 Certification Exam(s) ]
    Sybase [17 Certification Exam(s) ]
    Symantec [134 Certification Exam(s) ]
    Teacher-Certification [4 Certification Exam(s) ]
    The-Open-Group [8 Certification Exam(s) ]
    TIA [3 Certification Exam(s) ]
    Tibco [18 Certification Exam(s) ]
    Trainers [3 Certification Exam(s) ]
    Trend [1 Certification Exam(s) ]
    TruSecure [1 Certification Exam(s) ]
    USMLE [1 Certification Exam(s) ]
    VCE [6 Certification Exam(s) ]
    Veeam [2 Certification Exam(s) ]
    Veritas [33 Certification Exam(s) ]
    Vmware [58 Certification Exam(s) ]
    Wonderlic [2 Certification Exam(s) ]
    Worldatwork [2 Certification Exam(s) ]
    XML-Master [3 Certification Exam(s) ]
    Zend [6 Certification Exam(s) ]





    References :


    zoho.com : https://docs.zoho.com/file/67jzb63c952ca00fb42c2a3e577aff97e309e
    Box.net : https://app.box.com/s/fvv2tu4oaujxtn5y1jucze2fxc7w4lxz






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