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Rajapalayam Mills
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The Paid-up Capital of the Company is Rs. 737.62 Lakhs (Previous Year: Rs. 737.62 Lakhs) consisting of 73,76,160 Shares of Rs. 10/- each.
Your Directors have pleasure in recommending a Dividend of Rs. 4/- per share (Previous Year: Rs. 4/- per share). The Company will pay Dividend Distribution Tax under Income Tax Act, 1961. The total amount of Dividend outgo for the year will be Rs. 295.05 Lakhs. The amount of tax on dividends would be Rs. 60.65 Lakhs.
An amount of Rs. 295.29 Lakhs towards Current Tax has been provided and Deferred Tax of Rs. 391.38 Lakhs has been withdrawn for the year 2017-18. The Company''s entitlement of MAT Credit of Rs. 295.29 Lakhs has been recognized in the books during the year.
In India, the plantation of cotton crop has increased to 123 Lakh hectares in the cotton year 2017-18 (October to September) as against 103 Lakh hectares in the same period of last year. In spite of increase in acreage, the cotton prices have not come down due to pest attack and erratic monsoon rains. The quality of the cotton was also not good during the initial cotton season. Most of the area in Maharashtra and Gujarat have been hit badly by the pink bollworm attack and the cotton arrivals had been slowed down during peak cotton arrival season. The imported cotton provided no respite as the international cotton prices of all the varieties have continued to move upward. The increase in raw material prices has heavily impacted the manufacturing competitiveness of Indian Spinning Mills in the global market.
The price of comber noils, which is the raw material for Open End Spinning has also increased steeply due to more exports of noils from India. Because of this, the cost of cotton consumption has increased during the financial year 2017-18.
The Company is now focusing on production of customized, fine / super fine yarn to get better contribution as compared coarser/ medium fine counts produced during the last financial year 2016-17. Due to this, the production volume has decreased to 151.92 Lakhs Kgs. during the financial year 2017-18 as against 157.39 Lakhs Kgs. of the last financial year.
The sale volume has decreased in line with production during the financial year 2017-18 and it was 155.89 Lakh Kgs. as compared to 159.04 Lakh Kgs. of last financial year. However, the sale value of yarn has increased from Rs. 398.14 Crores (FY 2016-17) to Rs. 417.60 Crores (FY 2017-18).
India''s spinning sector had witnessed challenges on multiple fronts during the FY 2017-18. The implementation of GST in India with effect from 01-07-2017 had affected offtake of yarn during the first quarter of the financial year as many of the customers focused on inventory clearance prior to GST. Post implementation of GST, the Government has reduced the export incentives to yarn as well as fabric and garments. On the other hand, imports of textiles and clothing from other Countries into India have consistently increased by 20%. This has negatively affected the domestic yarn manufacturers as the consumption of yarn by fabric / garment manufacturers has come down sharply. This apart, cotton yarn exports have been under pressure on account of decline in demand from China. Out of total yarn exports from India, China accounted for more than 40% till last year, which has been reduced to 17% during FY 2017-18.
Due to subdued export demand and sluggishness in domestic market for yarn, the Company was not able to increase the yarn prices in line with the increase in raw material cost. These factors have affected the profitability of the Company for the financial year 2017-18. The Company''s focus on value addition, procuring superior quality of cotton, reducing the production of commodity counts and replacing the same with customized yarn counts has helped to mitigate the impact to some extent. The Company is able to attract more customers from overseas market and continues to have a good demand from export market on account of supply of superior and consistent quality of yarn. The investments made in value added machineries during the past years have given the ability to the Company to customize its products in line with the requirements of its customers.
During the financial year 2017-18, the Company was able to consume electricity from its own wind power to the extent of 71% of total power requirement as compared to 68% consumed from wind mills during the last year. Because of this, the power cost has reduced to Rs. 3,093.93 Lakhs during the financial year 2017-18 from Rs. 3,192.05 Lakhs of last financial year 2016-17.
The Finance cost during the financial year 2017-18 has reduced to Rs. 1,752.58 Lakhs from Rs. 2,142.79 Lakhs a decline of 18% mainly due to initiatives taken by the Company to reduce the cost of borrowings and repayment of Term Loans.
In spite of increased cotton cost and labour costs, the strategic decision taken by the Company to make investments in value added machines has helped to sustain the volume of sales in export / corporate customers and protected the margin.
On the export front, the Company has made export of Cotton Yarn (including merchant exports) for a value of Rs. 113.66 Crores during the financial year as against Rs. 121.93 Crores of the previous year. In addition to our regular International Market, we have established our presence in Turkey / Portugal also where our quality is well appreciated and started to get regular orders from these segments.
Your Directors are thankful to M/s. Mitsubishi Corporation, M/s. Doko Spinning Co. Ltd., and M/s. Unitika Ltd., Japan for their continued support and efforts for promotion of exports to Japan.
As a part of continuous thrust on modernization and expansion programme, the Company has invested about Rs. 21.82 Crores for investment in textile machinery & equipments like, latest Auto Coners, Quality Control Equipments, Ring Frames etc.,
The BT cotton, which brought white gold revolution to India, has been recently witnessing the incidents of bollworm attack. Due to uncertainty between US and China over trade tariffs, China may import more Indian cotton during the next cotton season. Hence the cotton prices are likely to remain firm on account of a tight supply situation and robust export demand. The Company has well defined system for monitoring demand and supply of required quality of cotton and also the price movements in domestic and international markets. With the Company''s expertise in judicial purchase of cotton, it will be able to procure high quality cotton with reasonable price.
The rising of textile imports due to the removal of countervailing duty and special additional duty post implementation of Goods and Services Tax (GST) is a matter of concern for Indian Textile Industry. Although these duties have been replaced by Integrated Tax under GST regime, the importer can take credit of Integrated Tax which made the textile imports cheaper and posing a threat to domestic manufacturers.
The Company''s efforts to increase the customer base across the globe for supply of value added super fine counts has started yielding the results. The Company is concentrating on modernizing the machineries to further improve quality and cost effective production. Thrust is being given for producing value added counts like Melange yarn, Mercerized yarn, Core Spun yarn etc, which is expected to fetch higher margin in the forthcoming years. With the flexibility to produce value added super fine counts, the Company will continue to make efforts in expanding the marketing activities across the globe to increase the profitability.
The Company is selling premium yarn qualities to leading woven fabric manufacturers in India and abroad. Most of the customers are outsourcing their fabric requirements beyond their in-house capacity. Such customers are ready to buy yarn dyed greige fabric from our Company if it establishes a weaving unit. Hence it is proposed to establish a ''Yarn Dyed Weaving Unit'' at a cost of Rs, 265 Crores which will have the capacity of 120 Looms to produce 10 Million meters of fabrics per annum. The Company has applied a term loan for this project under Amended Technology Fund Scheme of Government of India. It is expected to commence the commercial production during the 1st quarter of financial year 2019-20.
The Company has wind mills with installed capacity of 35.15 MW for its captive power consumption. The wind farm has generated 682.74 Lakhs Kwh as compared to 683.56 Lakhs Kwh of the previous year. There was a good wind velocity supported by good evacuation by Tamil Nadu Generation and Distribution Corporation (TANGEDCO) during the financial year 2017-18. All the Units generated by wind mills were adjusted for captive consumption at our Mills in Tamil Nadu. The income during the year from the Wind Mill Division was Rs. 45.52 Crores as against Rs. 45.62 Crores of previous year.
During the year 2017-18, the Company has acquired Shares of M/s. Ramco Windfarms Limited and as per Ind AS - 28, the Board has considered M/s. Ramco Windfarms Limited as its Associate Company.
The Company has 7 Associate Companies, viz., M/s. The Ramco Cements Limited, M/s. Ramco Industries Limited, M/s. Ramco Systems Limited, M/s. The Ramaraju Surgical Cotton Mills Limited, M/s. Sri Vishnu Shankar Mill Limited, M/s. Ontime Industrial Services Limited and M/s. Ramco Windfarms Limited.
In accordance with Rule 5 of Companies (Accounts) Rules, 2014, a statement containing the salient features of the financial statements of the Company''s Associates is attached in Form AOC-1 as Annexure - I.
As per provisions of Section 129(3) of the Companies Act, 2013 and Regulation 34 of SEBI (LODR) Regulations, 2015, Companies are required to prepare consolidated financial statements of its Subsidiaries and Associates to be laid before the Annual General Meeting of the Company.
Accordingly, the consolidated financial statements incorporating the accounts of Associate Companies, along with the Auditors'' Report thereon, forms part of this Annual Report. As per Section 136 (1) of the Companies Act, 2013, the Financial Statements including Consolidated Financial Statements are available at the Company''s website at the following link at http://www.rajapalayammills.co.in
The Consolidated net profit of the Company amounted to Rs. 11,543.55 Lakhs for the year ended 31st March, 2018 as compared to Rs. 14,519.45 Lakhs of the previous year.
The Consolidated Total Comprehensive Income for the year under review is Rs. 11,561.02 Lakhs as compared to Rs. 14,507.07 Lakhs of the previous year.
In accordance with Section 134(5)(e) of the Companies Act, 2013, the Company has Internal Financial Controls Policy by means of Policies and Procedures commensurate with the size & nature of its operations and pertaining to financial reporting. In accordance with Rule 8(5)(viii) of Companies (Accounts) Rules, 2014, it is hereby confirmed that the Internal Financial Controls are adequate with reference to the financial statements. ERP System developed by Ramco Systems Limited has been installed for online monitoring of all functions and management information reports are being used to have better internal control system and to take decisions in time.
In accordance with Section 177(9) and (10) of the Companies Act, 2013 and Regulation 22 of SEBI (LODR) Regulations, 2015 the Company has established a Vigil Mechanism and has a Whistle Blower Policy. The policy is available at the Company''s website.
In accordance with the provision of the Companies Act, 2013 and in terms of the Memorandum and Articles of Association of the Company, the following Directors retire by rotation at the ensuing Annual General Meeting and they are eligible for re-appointment.
1. Shri A.V. Dharmakrishnan, (DIN: 00693181)
2. Shri P.V. Abinav Ramasubramaniam Raja, (DIN: 07273249)
Shri P.V. Abinav Ramasubramaniam Raja (DIN: 07273249) has been appointed as Director liable to retire by rotation at the Annual General Meeting held on 10th August, 2017.
Shri P.A.S. Alaghar Raja (DIN: 00487312) has been appointed as Independent Director for a period of five years with effect from 11-02-2017 at the Annual General Meeting held on 10th August, 2017.
Pursuant to Rule 8(5)(iii) of Companies (Accounts) Rules, 2014, it is reported that, other than the above, there have been no changes in the Directors or Key Managerial Personnel during the year under review.
The Independent Directors hold office for a fixed term of 5 years and are not liable to retire by rotation. No Independent Director has retired during the year.
The Company has received necessary declarations from all the Independent Directors under Section 149(7) of the Companies Act, 2013, that they meet the criteria of independence as provided in Section 149(6) of the Companies Act, 2013.
At the Annual General Meeting held on 04-08-2014, the following Directors were appointed as an Independent Directors for a period of 5 consecutive years from 01-04-2014 to 31-03-2019:
1. Shri N.K. Ramasuwami Raja
2. Justice Shri RRS. Janarthana Raja
3. Shri V. Santhanaraman
At the Annual General Meeting held on 12-08-2015, Shri K.B. Nagendra Murthy was appointed as an Independent Director for a period of 5 consecutive years from 04-08-2014 to 03-08-2019.
They are eligible for reappointment for another period of 5 years as Independent Directors. In accordance with Section 149(10) of the Companies Act, 2013, their reappointment has been proposed in the Notice convening the Annual General Meeting as Special Resolutions.
Board of Directors at the Meetings held on 31-01-2018 have evaluated the performance of the Independent Directors and based on the contribution of the Directors, the Nomination and Remuneration Committee have recommended their re-appointment.
The Audit Committee has four members, out of which three are Independent Directors. Pursuant to Section 177(8) of the Companies Act, 2013, it is reported that there has not been an occasion, where the Board had not accepted any recommendation of the Audit Committee.
In accordance with Section 178(3) of the Companies Act, 2013 and based upon the recommendation of the Nomination and Remuneration Committee, the Board of Directors have approved a policy relating to appointment and remuneration of Directors, Key Managerial Personnel and Other Employees.
As per Provision to Section 178(4), the salient features of the Nomination and Remuneration Policy should be disclosed in the Board''s Report. Accordingly the following disclosures are given:
Salient Features of the Nomination and Remuneration Policy: The objective of the Policy is to ensure that:
(a) the level and composition of remuneration is reasonable and sufficient to attract, retain and motivate directors of the quality required to run the company successfully;
(b) relationship of remuneration to performance is clear and meets appropriate performance benchmarks; and
(c) remuneration to directors, key managerial personnel and senior management shall be appropriate to the working of the company and its goals.
The Nomination and Remuneration Committee and this Policy shall be in compliance with the Companies Act, 2013 and SEBI (LODR) Regulations, 2015.
The web address of the Policy is at www.rajapalayammills.co.in/pdf/nomination-and-remuneration-policy.pdf
Pursuant to Section 134(3)(p) of the Companies Act, 2013, and Regulation 25(4) of SEBI (LODR) Regulations, 2015, Independent Directors have evaluated the quality, quantity and timeliness of the flow of information between the Management and the Board, Performance of the Board as a whole and its Members and other required matters.
Pursuant to Schedule II, Part D of SEBI (LODR) Regulations, 2015, the Nomination and Remuneration Committee has laid down evaluation criteria for performance evaluation of Independent Directors, which will be based on attendance, expertise and contribution brought in by the Independent Director at the Board Meeting, which shall be taken into account at the time of reappointment of Independent Director.
Pursuant to Regulation 17(10) of SEBI (LODR) Regulations, 2015, the Board of Directors have evaluated the performance of Independent Directors and observed the same to be satisfactory and their deliberations beneficial in Board / Committee meetings.
Pursuant to Regulation 4(f)(2)(ii) of SEBI (LODR) Regulations, 2015, the Board of Directors have reviewed and observed that the evaluation frame work of the Board of Directors was adequate and effective.
The Board''s observations on the evaluations for the previous year were similar to their observations for the year under review. No specific actions have been warranted based on current year observations. The Company would continue to familiarise its Directors on the industry, technological and statutory developments, which have a bearing on the Company and the industry, so that Directors would be effective in discharging their expected duties.
During the year, five Board Meetings were held. The details of the date and number of meetings of the Board and Committees held during the financial year indicating the number of meetings attended by each Director are given in the Corporate Governance Report.
As required under Clause 9 of Secretarial Standard 1, the Board of Directors confirms that the company has complied with applicable Secretarial Standards.
Pursuant to Rule 8(5)(v) & (vi) of Companies (Accounts) Rules, 2014, it is reported that the Company has not accepted any deposit from public during the financial year under review. There has been no default in the repayment of deposits / payment of interest thereon during the financial year. The Company has no deposit, which is not in compliance with the Chapter V of the Companies Act, 2013.
The Company has received a sum of Rs. 1,075 Lakhs from Directors as deposit / loan during the financial year 2017-18. It has repaid an amount of Rs. 1,940.94 Lakhs during the financial year 2017-18.
Pursuant to Rule 8(5)(vii) of Companies (Accounts) Rules, 2014, it is reported that, no significant and material orders have been passed by the Regulators or Courts or Tribunals, impacting the going concern status and Company''s operations in future.
Pursuant to Section 186(4) of the Companies Act, 2013, it is reported that:
(a) the particulars of loans are provided under Note No.46 (xiv).
(b) the particulars of the guarantees and investments are provided under Note No.43 and Note No.8 & 9 respectively of Notes forming part of financial statements. The guarantees are to secure the loans from Banks / Financial Institutions to the borrowers.
In terms of Section 135 and Schedule VII of the Companies Act, 2013, the Board of Directors have constituted a Corporate Social Responsibility (CSR) Committee and adopted a CSR Policy which is based on the philosophy that As the Organization grows, the Society and Community around it also grows.
The Company has undertaken various projects in the areas of education, health, rural development, water and sanitation, promotion and development of traditional arts, livelihood enhancement projects, etc. largely in accordance with Schedule VII of the Companies Act, 2013.
Your Directors are pleased to inform that the Company has fulfilled its CSR obligations pursuant to Section 135(5) of the Companies Act, 2013. As against the requirement of Rs. 58.26 Lakhs, the Company has spent Rs. 62.50 Lakhs on CSR during the year 2017-18.
The CSR policy is available at the Company''s website at the following link at http://www.rajapalayammills.co.in
The Annual Report on CSR activities as prescribed under Companies (Corporate Social Responsibility Policy) Rules, 2014 is attached as Annexure - II.
The Companies Amendment Act, 2017, had removed the necessity for ratification of the appointment of Statutory Auditors, by Members at every Annual General Meeting during their tenure of appointment. Accordingly, the practice of seeking yearly ratification for the appointment of Statutory Auditors at the Annual General Meeting is dispensed with.
M/s. N.A. Jayaraman & Co., Chartered Accountants and M/s. SRSV & Associates, Chartered Accountants are the Statutory Auditors of the Company.
At the 81st Annual General Meeting, the above Auditors have been appointed as statutory auditors for a period of 5 consecutive years financial years commencing from the financial year 2017-18 and to hold office from the conclusion of 81st Annual General Meeting till the conclusion of 86th Annual General Meeting to be held in the year 2022.
As required under Regulation 33(1)(d) of SEBI (LODR) Regulations, 2015, the Auditors have also confirmed that they hold a valid certificate issued by the Peer Review Board of the Institute of Chartered Accountants of India.
The report of the Statutory Auditors for the year ended 31st March, 2018 does not contain any qualification, reservation or adverse remark and no instance of fraud has been reported by Auditors under Section 143(12) of Companies Act, 2013.
Shri M.R.L. Narasimha, a Practicing Company Secretary has been appointed to conduct the Secretarial Audit of the Company. Pursuant to Section 204(1) of the Companies Act, 2013, the Secretarial Audit Report submitted by the Secretarial Auditor for the year ended 31st March, 2018 is attached as Annexure - III. The report does not contain any qualification, reservation or adverse remark.
The Board of Directors had approved the appointment of Shri M. Kannan, Cost Accountant as the Cost Auditor of the Company to audit the Company''s Cost Records relating to manufacture of textile products for the year 2018-19.
The remuneration of the cost auditor is required to be ratified by the members in accordance with the provisions of Section 148(3) of the Companies Act, 2013 and Rule 14 of Companies (Audit and Auditors) Rules, 2014. Accordingly, the matter is being placed before the Members for ratification at the ensuing Annual General Meeting.
The Cost Audit Report for the financial year 2016-17 due to be filed with Ministry of Corporate Affairs by 30-09-2017 had been filed on 06-09-2017. The Cost Audit Report for the financial year 2017-18 is due to be filed within 180 days from the closure of the financial year and will be filed within the stipulated period.
Pursuant to Section 134(3)(m) of the Companies Act, 2013 and Rule 8(3) of Companies (Accounts) Rules, 2014, the information relating to Conservation of Energy, Technology Absorption and Foreign Exchange Earnings and Outgo is attached as Annexure - IV.
In Accordance with Section 92(3) of the Companies Act, 2013, read with Rule 12(1) of Companies (Management and Administration) Rules, 2014, an extract of the Annual Return in Form MGT-9 is attached herewith as Annexure - V.
The Company has complied with the requirements regarding Corporate Governance as stipulated in SEBI (LODR) Regulations, 2015. As required under Schedule V(C) of SEBI (LODR) Regulations, 2015 a Report on Corporate Governance being followed by the Company is attached as Annexure - VI. As required under Schedule V(E) of SEBI (LODR) Regulations, 2015 a Certificate from the Auditors confirming compliance is also attached as Annexure - VII to this Report.
The disclosures in terms of provisions of Section 197(12) of the Companies Act, 2013 read with Rule 5(1), (2) and (3) of Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014, relating to remuneration are provided in Annexure- VIII.
The Company has 3,028 employees as on 31-03-2018. Industrial relations with employees remained cordial during the year. Human Resources Development activities received considerable focus. The emphasis was on imparting training and development of the skill-set of the employees to enable them to face the challenges in the work environment.
Prior approval / Omnibus approval is obtained from the Audit Committee for all related party transactions and the transactions are periodically placed before the Audit Committee for its approval. No transaction with the related party is material in nature, in accordance with Company''s Related Party Transaction Policy and Regulation 23 of SEBI (LODR) Regulations, 2015. In accordance with Indian Accounting Standard - 24 (Related Party Disclosure), the details of transactions with the related parties are set out in Note No:46 of disclosures forming part of Financial Statements.
As required under Regulation 46(2)(g) of SEBI (LODR) Regulations, 2015, The Company''s Related Party Transaction Policy is disclosed in the Company''s website and its web link is http://www.rajapalayammills.co.in/pdf/related-party-transaction-policy.pdf
Pursuant to Section 134(3)(n) of the Companies Act, 2013 and Regulation 17(9) of SEBI (LODR) Regulations, 2015, the Company has developed and implemented a Risk Management Policy. The Policy envisages identification of risk and procedures for assessment and minimization of risk thereof.
Pursuant to Section 134(5) of the Companies Act, 2013, the Directors confirm that:
(a) they had followed the applicable accounting standards along with proper explanation relating to material departures, if any, in the preparation of the annual accounts for the year ended 31st March, 2018;
(b) they 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 on 31st March, 2018 and of the profit of the Company for the year ended on that date;
(c) they had taken proper and sufficient care for the maintenance of adequate accounting records in accordance with the provisions of this Act for safeguarding the assets of the Company and for preventing and detecting fraud and other irregularities;
(d) they had prepared the Annual Accounts on a going concern basis;
(e) they had laid down internal financial controls to be followed by the Company and that such internal financial controls are adequate and were operating effectively; and
(f) they had devised proper systems to ensure compliance with the provisions of all applicable laws and that such systems were adequate and operating effectively.
The Directors are grateful to the various Departments and agencies of the Central and State Governments for their help and co-operation. They are thankful to the Financial Institutions and Banks for their continued help, assistance and guidance. The Directors wish to place on record their appreciation of employees at all levels for their commitment and their contribution.
Form AOC-1
[Pursuant to Section 129(3) of the Companies Act, 2013 read with Rule 5 of Companies (Accounts) Rules, 2014]
Statement containing salient features of the financial statement of Associate Companies
The Company has no Subsidiary Company.
Statement pursuant to Section 129 (3) of the Companies Act, 2013 related to Associate Companies
Note: 1) There is significant influence, because of shareholding / common directors.
2) Names of associates or joint ventures which are yet to commence operations - NIL
3) Names of associates or joint ventures which have been liquidated or sold during the year - NIL
1. A brief outline of the Company''s CSR policy.
The objective of the CSR Policy is:
a. to ensure an increased commitment at all levels in the organization, to operate its business in an economically, socially & environmentally sustainable manner, while recognising the interests of all its stakeholders.
b. to directly or indirectly take up programmes that benefit the communities in & around its work locations and results, over a period of time, in enhancing the quality of life & economic well being of the local populace.
c. to generate, through its CSR initiatives, a community goodwill for the Company and help reinforce a positive & socially responsible image of the Company as a corporate entity.
Web link to the CSR Policy: http://www.rajapalayammills.co.in/pdf/corporate-social-responsibility-policy.pdf
2. The Composition of the CSR Committee:
a. Shri P.R. Venketrama Raja, Chairman of the Committee
b. Justice Shri P.P.S. Janarthana Raja, Member
c. Shri P.V. Abinav Ramasubramaniam Raja, Member
3. Average Net Profit of the Company for last three financial years Rs. 2,912.95 Lakhs.
4. Prescribed CSR Expenditure (two percent of the amount as in item 3 above): Rs. 58.26 Lakhs.
5. Details of CSR spent during the financial year:
a. Total amount spent for the financial year: Rs. 62.50 Lakhs.
b. Amount unspent, if any: Nil
c. Manner in which the amount spent during the financial year is detailed below: (Rs. in lakhs)
1. As per Articles of Association of the Company, every year, a provision has been made for an amount not exceeding 3% of the net profit towards P.A.C. Ramasamy Raja Memorial Fund. During the year the Company has spent an amount of Rs 50 Lakhs out of accumulated balance of the above said fund and the same has been included in the above sum of Rs. 62.50 Lakhs.
2. The Company has made a provision of Rs. 50 Lakhs towards the above said Fund for the FY 2017-18. This amount has not been included in the above statement and will be considered when the amount is actually spent from the Fund.
The CSR Committee confirms that the implementation and monitoring of CSR Policy is in Compliance with CSR objectives and Policy of the Company.
Form MR - 3
[Pursuant to Section 204(1) of the Companies Act, 2013 and Rule No.9 of the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014]
The Members,
Rajapalayam Mills Limited, [CIN: L17111TN1936PLC002298]
Rajapalayam Mills Premises,
P.A.C. Ramasamy Raja Salai,
Post Box No.1, Rajapalaiyam - 626117.
I have conducted a Secretarial Audit of the compliance of applicable statutory provisions and adherence to good corporate practices by RAJAPALAYAM MILLS LIMITED (hereinafter called the Company) during the financial year from 1st April, 2017 to 31st March, 2018 (the year/ audit period / period under review). I conducted the Secretarial Audit in a manner that provided me a reasonable basis for evaluating the Company''s corporate conducts / statutory compliances and expressing my opinion thereon.
I am issuing this report based on my verification of the books, papers, minute books and other records maintained by the Company, forms and returns filed, compliance related action taken by the Company during the year as well as after 31st March, 2018 but before the issue of this audit report and the information provided by the Company, its officers, agents and authorised representatives during my conduct of the Secretarial Audit.
1. I hereby report that:
1.1. In my opinion, during the audit period covering the financial year ended on 31st March, 2018, the Company has complied with the statutory provisions listed hereunder and also has proper Board processes and compliance mechanism in place to the extent, in the manner and subject to the reporting made hereinafter. The Members are requested to read this report along with my letter of even date annexed to this report as Annexure - A.
1.2. I have examined the books, papers, minute books and other records maintained by the Company and the forms, returns, reports, disclosures and information filed or disseminated during the year according to the applicable provisions of :
(i) The Companies Act, 2013 and the rules made thereunder (the Act).
(ii) Securities Contracts (Regulation) Act, 1956 and the rules made thereunder.
(iii) The Depositories Act, 1996 and the regulations and bye-laws framed thereunder.
(iv) The following Regulations prescribed under the Securities and Exchange Board of India Act, 1992 (SEBI Regulations):-
(a) Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011;
(b) Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015;
(c) Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015
(v) The following laws, that are specifically applicable to the Company:
(a) Essential Commodities Act 1955, with reference to Hank Yarn Packing Notification 2003 (No..2/TDRO/8/2003 dated 17th April, 2003); and
(b) The Electricity Act, 2003.
1.3 I have also examined compliance with the applicable clauses of the following:
(i) Secretarial Standards (SS-1) on Meetings of the Board of Directors and Secretarial Standards (SS-2) on General Meetings issued by The Institute of Company Secretaries of India and
(ii) The Listing agreement entered into by the Company with BSE Limited.
1.4. During the period under review, and also considering the compliance related action taken by the Company after 31st March, 2018 but before the issue of this report, the Company has, to the best of my knowledge and belief and based on the records, information and explanations furnished to me, complied with the applicable provisions / Clauses of the Acts, Rules, Regulations, Agreements and Standards mentioned under paragraphs 1.2 and 1.3 above.
1.5. I am informed that, during / in respect of the year:
(i) Due to non-occurrence of certain events, the Company was not required to comply with the following laws / guidelines / regulations and consequently was not required to maintain any books, papers, minute books or other records or file any forms / returns under:
(a) Foreign Exchange Management Act, 1999 and the rules and regulations made thereunder to the extent of Foreign Direct Investment, Overseas Direct Investment and External Commercial Borrowings;
(b) Securities and Exchange Board of India (Share Based Employee Benefits) Regulations, 2014;
(c) Securities and Exchange Board of India (Buyback of Securities) Regulations, 1998;
(d) Securities and Exchange Board of India (Delisting of Equity Shares) Regulations, 2009;
(e) Securities and Exchange Board of India (Registrars to an Issue and Share Transfer Agents) Regulations, 1993 regarding the Companies Act, 2013 and dealing with client.
(f) Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2009; and
(g) Securities and Exchange Board of India (Issue and Listing of Debt Securities) Regulations, 2008;
(ii) There was no law, other than those specified in paragraph 1.2(v) above, that was specifically applicable to the Company, considering the nature of its business. Hence the requirement to report on compliance with specific laws did not arise.
2. I further report that:
2.1 The Board of Directors of the Company is duly constituted with proper balance of Executive Directors, Non-Executive Directors and Independent Directors. The Board also have two Woman Directors. The change in composition of the Board of Directors that took place during the period under review was carried out in compliance with the provisions of the Act.
2.2 Adequate notice is given to all directors to schedule the Board Meetings. Notice of Board meetings were sent at least seven days in advance. Agenda and detailed notes on agenda were sent atleast seven days before the Board meetings with the exception of the following items, which were either circulated separately or at the meetings:
(i) Supplementary agenda notes and annexures in respect of unpublished price sensitive information such as audited accounts / results, unaudited financial results and connected papers; and
(ii) Additional subjects / information / presentations and supplementary notes.
Consent of the Board for circulating them separately or at the meeting was duly obtained as required under the Secretarial Standards.
2.3 A system exists for directors to seek and obtain further information and clarifications on the agenda items before the meetings and for their meaningful participation at the meetings. Majority decision is carried through. I am informed that there were no dissenting members'' views on any of the matters discussed during the year that were required to be captured and recorded as part of the minutes.
3. I further report that:
3.1 There are adequate systems and processes in the Company commensurate with its size and operations to monitor and ensure compliance with applicable laws, rules, regulations and guidelines.
Annexure - A to Secretarial Audit Report of even date
The Members,
Rajapalayam Mills Limited, [CIN: L17111TN1936PLC002298]
Rajapalayam Mills Premises,
P.A.C. Ramasamy Raja Salai,
Post Box No.1, Rajapalaiyam - 626117.
My Secretarial Audit Report (Form MR-3) of even date for the financial year ended 31st March, 2018 is to be read along with this letter.
1. The Company''s management is responsible for maintenance of secretarial records and compliance with the provisions of corporate and other applicable laws, rules, regulations and standards. My responsibility is to express an opinion on the secretarial records produced for my audit.
2. I have followed such audit practices and processes as I considered appropriate to obtain reasonable assurance about the correctness of the contents of the secretarial records.
3. While forming an opinion on compliance and issuing this report, I have also considered compliance related action taken by the Company after 31st March, 2018 but before the issue of this report.
4. I have verified the secretarial records furnished to me on a test basis to see whether the correct facts are reflected therein. I also examined the compliance procedures followed by the Company on a test basis. I believe that the processes and practices I followed provide a reasonable basis for my opinion.
5. I have not verified the correctness and appropriateness of financial records and books of accounts of the Company.
6. I have obtained the Management''s representation about compliance of laws, rules and regulations and happening of events, wherever required.
7. My Secretarial Audit report is neither an assurance as to the future viability of the Company nor of the efficacy or effectiveness with which the management has conducted the affairs of the Company.
Conservation of Energy, Technology Absorption and Foreign Exchange Earnings and Outgo
[Pursuant to Section 134(3)(m) of the Companies Act, 2013 read with Rule 8(3) of Companies (Accounts) Rules 2014]
The Company pays attention at all levels to reduce energy consumption, by continuous monitoring maintenances and improvements.
Form MGT - 9
As on the financial year ended on 31st March, 2018
[Pursuant to Section 92(3) of the Companies Act, 2013 and Rule 12(1) of the Companies (Management and Administration) Rules, 2014]
Business activities contributing 10% or more of the total turnover of the Company:
IV. SHAREHOLDING PATTERN (Equity Share Capital Breakup as percentage of Total Equity)
i) Category-Wise Share Holding
* Note : Includes Shares in Unclaimed Shares Suspense Account (opening - 1,75,716 Shares; Closing - 8,280) and Shares in Investor Education and Protection Fund Account (Opening - Nil: Closing 1,76,815)
(ii) Shareholding of Promoters
(iii) Change in Promoters'' Shareholding
(iv) Shareholding Pattern of top ten Shareholders (other than Directors and Promoters):
(v) Shareholding of Directors and Key Managerial Personnel:
Indebtedness of the Company includinq interest outstandinq / accrued but not due for payment
VI. REMUNERATION OF DIRECTORS AND KEY MANAGERIAL PERSONNEL A. Remuneration to Managing Director, Whole-time Directors and / or Manager:
B. REMUNERATION TO OTHER DIRECTORS: 1. Independent Directors
2. Other Non Executive Director
|Source : Dion Global Solutions Limited


text:
|Requisition Number:
|Position Title:
|Security Guard - Treatment Center
|Addiction Services
|Program Name:
|Treatment Center
|Full Time 7am to 3pm
|Monday to Friday.... Including as needed weekends and Holiday
|Date Posted:
|Using remote, admit to the clinic only known clients scheduled for dosing Unknown persons at the door must be questioned through the door and properly dispatched Admit no more than 5 clients at any one time, assuring an orderly process of signing in Assure that client is in the correct dosing slot before giving I.D. card to nurse If client is not in the correct slot, politely ask him/her to return at the proper time or get a pass from their counselor Calmly, verbally intervene in any verbal or physical altercation inside the clinic to restore order Contact police - 911 - when assistance is required Alert appropriate staff (Director of Safety and Security, and Nurse Manager) as to any disruptive or suspicious occurrence as soon as possible Alert outside security to potential trouble by calling the outside security guard directly
|High school diploma or equivalent Must be able to work with the mentally ill and/or substance abusing individual in a respectful, compassionate and supportive manner
|Driver's License Required?
Step 1: Click here to complete voluntary Self-Identification of Disability
Step 2: Click Here to Apply for this Position Now!
Bay Cove Human Services, Inc. is an Equal Opportunity/Affirmative Action Employer

subset: commoncrawl


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Aug 3, 2016 Design simulation and analysis of manual block-making machine The value may lead to an assumption that the machine has been .. Table 1shows the ele ments of product design as an example for the Dui Monster Motorcycle, a . The design factor of safety (N) is often specified in a design code or>> Get Price
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Armstrong Flooring Retailer
Mon: 9:00 AM - 8:00 PM
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Thurs: 9:00 AM - 8:00 PM
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Do your floors need a makeover? Come visit Bob's Carpet & Flooring, your local flooring store in Lakeland, FL. We specialize in Armstrong Flooring, offering high-quality rigid core, vinyl sheets and tiles, durable laminate flooring, and luxury vinyl. Check out all the latest flooring styles and trends that look great in traditional, modern, vintage and country style homes. At Bob's Carpet & Flooring, our knowledgeable flooring team is ready to help you find the best flooring for your home that you'll love for a lifetime. Stop in today!
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Despite what many people think, your social environment can also play an important role in the development of your intelligence. Geniuses aren't only born – they can be made too. Certainly, you are born with a certain amount of intelligence and you may never achieve the intellectual abilities of someone else born with a different set of genes but equally, poor social nurturing can mean that you may never full realise the potential in your own genes.
Ramarni Wilfred,a British teenager, has an IQ score higher than Einstein's, Hawking's, and even Bill Gates'. Ramarni achieved a 162 on his intelligence quotient test.
The 16-year-old east London schoolboy is one of the 50 world smartest teens and was only 10 years old when he wrote a paper on the philosophy of fairness, and his unusually high essay score qualified him to take an IQ test at Birkbeck University.
At just four years old, New Orleans native Anala Beevers possessed an IQ over 145. By 10 months old she could identify and point to each letter of the Alphabet. Reportedly by 18 months, Anala was reciting numbers in both Spanish and English and by her fifth birthday she could recite the name of every North American state on the map, as well as every capital.
Four-year-old schoolgirl, Alannah George is UK's second youngest Mensa member with an IQ score of 140. She is obsessed with words and numbers


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Home > Supplier Companies
Supplier Search
TMX Group's businesses operate cash and derivative markets for multiple asset classes including equities, fixed income and energy. We also provide clearing facilities, data products and other services to the international financial community.
Toromont Industries (TSX: TIH) is a diversified growth company with a clear objective: increase shareholder value by driving consistent and profitable earnings growth over the long term
Total Crane Systems Inc is an American manufacturing and service company. We manufacture and service all sizes and capacities of overhead bridge cranes, gantry cranes, wire rope hoists, transfer carts and more for the mining industry.
Complete refurbishing of underground mining equipment and electrical equipment to customer specifications
"Total Personnel Solutions / Northern Academy: Total Personnel specializes in the supply of personnel for the mining industry including rescue teams, labourers, and equipment operators
Tracks & Wheels Equipment Brokers Inc
Trade Winds is advancing toward feasibility on its Detour Lake 50/50 Block A JV (with Detour Gold Corporation) and Gowest gold properties in northeastern Ontario. A February 2011 NI43-101 resource estimate by Watts, Griffis and McOuat included an in-pit indicated resource of 1.924 M oz and an inferred resource of 762,000 oz at a cutoff grade of...
Trahan International is dedicated to solving expensive difficulties in underground mining operations with low cost common sense solutions; the NuCasel levelling rail is a proven example
August 21, 2019 Goliath Gold Project Gets Federal EA Approval to Proceed
December 6, 2017


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Jumping Into Electricity
Jumping Into Electricity. Ms. Frizzle and her students take young scientists on a wild ride by Jumping Into Electricity. Young scientists generate lightning bolts, use anti static sheets, make cereal dance, bend a water stream, create static hair, construct an electric circuit, build a light switch, experiment with insulators and conductors, design electric games, and much, much more! This electrifying kit comes with a colorful circuit board holder. Seatbelts everyone! Get ready to jump into electricity! Requires 1 AA battery, not included. Toys > Category > Arts & Crafts, Educational Toys, Books > Learning & Educational Toys > Science & Discovery > Electronics, Robotics & Magnetism. Toys & Games > Toys > Educational Toys > Science Sets.
Browse all deals at Toys"R"Us
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5000 Smith Ridge Drive
5000 Smith Ridge Drive
Reno, NV 89502


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Paul D.
REFRIGERATOR LG LMXS30776S/01 Customers concern is flapper for water dispenser broke off I took pics possible customer abuse I will order parts needed now; ordrng 1 ACQ85430286 (Complete DISPENSER ASSEMBLY)
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DRYER SAMSUNG DV40J3000EW/A2 01 Customer had two concerns with this dryer first concern was power button not always powering unit on on control panel I tested this 15 to 20 times could not duplicate problem. unit is working to factory specs the other issue wise customer states dryer is not drying clothes as quickly as it once did I found this problem to be a wax residue on the moisture sensors cleaned tested working to factory specs
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WASHER LG WM2250CW Install front section of outer tub with seals and bolts tested now work in the factory specs
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The Gotcha is a staple bonefish shrimp pattern. The bead chain eyes help the fly land a little softer than lead eyes.
This is similar to the Gotcha fly, but tied slightly longer. This can still fish as a shrimp pattern, or it could be a small baitfish.
Hook Sizes: 4 or 6 (select option before adding to cart)
* Note for hook sizes, 4 is a slightly larger size than 6 (This is a common question)


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If you have ever suffered from anxiety, then you know that it is awful, and it would be the same for your dog too. Many dogs suffer from anxiety and have been known to be depressed and extremely anxious in certain situations, such as when their owner leaves. This can result in destructive behaviors such as chewing objects, urinating, pacing, and more. CBD helps because it is a relaxing stimulant that calms your pet.
In the United States, CBD itself is not specifically listed in the United States Controlled Substances Act like the psychoactive compound, tetrahydrocannabinol (THC). The US government, which specifies which parts of cannabis plants are prohibited, excludes hemp's "mature stalks" and "oil or cake made from the seeds" and "sterilized seeds" from its definition of "marihuana."
Another point worth clarifying is the difference between hemp seed oil (or hemp oil) and CBD oil. There's confusion on this point for the very good reason that both CBD oil and hemp seed oil are extracted from the industrial hemp plant. But there's a big difference between the 2. Hemp seed oil has been pressed from hemp seed, and it's great for a lot of things — it's good for you, tastes great, and can be used in soap, paint — even as biodiesel fuel.
It depends on your pet and the medicine being used. There have been many examples of dogs being more receptive to PurCBD than traditional medications, especially with anti-seizure, anti-inflammatory, and anti-anxiety medications. Always check with your veterinarian before starting, stopping, or adjusting the dosage of any prescription medication. Many drugs, especially anti-seizure medications, must be weaned off slowly or else deadly withdrawal symptoms can occur.
Vaping is one of the most bioavailable methods in delivering CBD throughout the body. During inhalation, CBD enters through the lungs and diffuses directly into the circulatory system. In contrast to the 30-60 minutes it generally takes for an edible to kick in, the timely efficiency of vaping is vastly superior. And while we're comparing CBD edibles to CBD vapes, consider this: the same beneficial effects can be achieved with a much smaller amount of CBD by vaping. The CBD transfer from lungs to bloodstream is far more efficient than sending CBD through the liver where its absorbed and broken down by enzymes – a process that can remove the potency of cannabidiol.
Many people ask, "where can I find CBD vape oil for sale?" If you want to buy CBD vape oil, though there are specific guidelines, it is legal to buy CBD in the United States and you can find CBD vape oil for sale all over the Internet. In order for it to be sold and acquired, the industrial hemp must be grown outside of the U.S. and is primarily imported from various European countries. High retail prices are reflecting extremely high importing fees, development processes, manufacturing, and multiple layers of required testing in determining potency.
Charlotte's Web is currently one of the top CBD hemp brands in the U.S and is constantly featured on top authority websites such as The Wall Street Journal, Time and The Huffington Post. What started off as a hemp strain packed with CBD to help a girl named Charlotte Figi, soon turned into an empire. Today, Charlotte's Web, formerly known as CWhemp offers a wide range of high-quality products including oils, capsules and even CBD gummies. Want to learn more check out our Charlotte's Web CBD oil Review.
Our Best Value pick is CBDistillery, which offers a full spectrum CBD oil containing naturally occurring cannabinoids and terpenes, along with fatty acid Omega 3, B complex vitamins, and 20 essential amino acids. The oil is derived from non-GMO, U.S.-grown hemp. It also contains trace amounts of fractionated coconut oil for subtle flavoring. All product information and third-party testing results are found on the official CBDistillery product page.
Insomnia: The anxiety-alleviating and sleep-prolonging qualities of CBD oil make it a good option for many people with insomnia. Those who experience insomnia due to pain or discomfort may also find that using CBD oil alleviates their physical symptoms to a noticeable extent. CBD oil may also promote daytime wakefulness when taken in small amounts; people with insomnia can use it as a pick-me-up if they feel excessively tired due to lack of restful sleep.
All safe and reputable CBD oil brands make third-party lab reports readily available on their website or upon request. These reports detail the results of product testing by an accredited third-party laboratory that specializes in cannabis testing. They give you great insight into which cannabinoids and terpenes are in the product and whether it passed tests for heavy metals, pesticides, and other potentially dangerous ingredients.
Extraction: The method by which CBD oil is processed from hemp plants can be very telling. Some manufacturers extract and process the oil using toxic materials like propane or butane; in most cases, these oils are cheaply priced. Safer extraction and processing agents include ethanol, which cleans the hemp plant of unwanted toxins; and supercritical carbon dioxide extraction, which strips harmful materials from the plant by changing the carbon dioxide's temperature and pressure settings.
I liked using it. Would have loved it if the product came without any flavoring. But that's just me anyway; I'm sure most people will give extra brownie points for the flavor. Sol CBD vape oil is as good as Vape Bright in the longer run. However, I found this substance to be slower acting initially. I can tell because it's been quite a while since I've been using CBD in various forms.
In addition to an unflavored option, the drops also come in peppermint and goji berry flavors that are perfect for mixing with beverages. The nutritional information for all three flavors is found on the PlusCBD Oil website. The drops are fairly inexpensive, priced at $0.15 per mg or lower depending on the concentration. The brand offers fast shipping throughout the U.S. and to a wide range of international destinations.
Hemp-derived CBD oil products were made federally legal in December 2018 with the signing of the 2018 Farm Bill. However, several states still have laws in place that restrict the sale and possession of these products. Most companies selling CBD oil are shipping to all 50 states. You should consult your local laws or an attorney in your area if you have concerns about legalities.
Since 2014, NuLeaf Naturals – our Editor's Pick – has been committed to creating high-quality CBD oil products. As one of the oldest and most reviewed companies in the industry, NuLeaf Naturals has established themselves as a trustworthy CBD manufacturer. All of their products are tested by third party labs and their cannabinoid profile is impressive. They offer a unique range of concentrations for their organic CBD products ranging from 240mg to 4,850mg.
To be clear, there is no one specific test, scan, or anything else of the sort that you can do to determine whether or not you need CBD oil for pain. Also, since cannabis is not yet recognized by the FDA, you unfortunately can't really go to your doctor either and have them recommend it; until marijuana is FDA-approved, it cannot be prescribed by physicians.
No, absolutely not. We source exclusively from 100% organic farms, so this is never an issue. Even though none of our ingredients have ever been exposed to pesticides, we still routinely have our phytocannabinoid oil tested by a third party for potency and the presence of any toxins/pesticides. You can see the results on the certificate of analysis found on our website.
CBD oil products can be somewhat expensive, which may be a barrier for individuals seeking treatment or relief from different conditions and disorders. Right alongside price comes taste and a lot of consumer don't like the earthy flavor of hemp. cbdMD is here to help on both fronts with a wide range of flavors that actually taste good at a price consumers can afford. cbdMD offers it's premium, non-THC oils at a large variety of concentrations (300mg-5,00mg) as well as sizes (30mL and 60mL) . These oils are priced at $28 for 300mg oils and $90 for 1,500mg oils; both price-points are significantly below average.
This article provides a wealth of practical information for the individual considering CBD as an adjunctive or alternative treatment for pain and or anxiety. CBD works in the body by manipulating receptors throughout organ tissues, the immune system, the pain response system, the hormonal system, and other systemic regulatory systems. While CBD oils have not been reviewed or approved by the FDA for the treatment of these conditions, a wealth of literature, both anecdotal and research-related now exists to help describe both their safety and effectiveness. As discussed in this article, the potential new adopter must be mindful of several important items. First, only those products that are sourced from Industrial Hemp will be considered legal in all states. One must be careful if the product you choose is sourced from the marijuana plant, as those products may contain THC levels above the legal limit in your given state. Secondly, all products are NOT created equal – they differ significantly in strength, absorption, and elimination by the body and in the manner in which they are formulated. One should be mindful of the differences in doses available for each of these products, starting at a low or moderate dose and increasing as needed in order to find the lowest dose that provides the desired relief. In this way, one can individualize usage to maximize effectiveness, while minimizing risk, a proper goal for the use of all medicinals.
Armentano pointed to several pieces of evidence as proof that CBD has always been treated as illegal at the federal level. Congress has tried and is currently trying to pass bills to remove CBD from the Controlled Substances Act—which would be unnecessary if the compound were already legal. Further, the Controlled Substances Act itself specifies that the government has the right to control substances that are chemically similar to the ones explicitly listed.
CBD derived from marijuana is a different story, and the law varies from state to state. But as long as you're using CBD oil that contains less than 0.3 percent THC, you have nothing to be concerned about anywhere in the United States. On the other hand, if you want to take your CBD on a trip outside the country, definitely look into local laws to avoid getting into awkward situations while you're away.
This is good news for the best CBD oil companies because the Farm Bill allows for the legal cultivation of industrial hemp, under certain circumstances, which can be a source of CBD. But CBD can also come from non-industrial hemp, namely the marijuana plant that most are more familiar with. Therefore, whether or not CBD oil for pain is legal can be a question of which "version" of the cannabis plant it was sourced from. If it was sourced from industrial hemp, (which contains less than 0.3% THC by volume), and it was cultivated under the Farm Bill, then it is legal.
Thank you for the information. A friend of mine recently gave me a small bottle of Cloud 9 hemp, lizard king. Said she was told it is good for COPD. Can not find anything that backs up that statement, You article also said that Cloud 9 is a brand that uses Propylene and the effects on the lungs when vaporizing has not been determined but OK to use externally. Is all this correct?
If you have ever suffered from anxiety, then you know that it is awful, and it would be the same for your dog too. Many dogs suffer from anxiety and have been known to be depressed and extremely anxious in certain situations, such as when their owner leaves. This can result in destructive behaviors such as chewing objects, urinating, pacing, and more. CBD helps because it is a relaxing stimulant that calms your pet.
Serving size can vary based on the product you choose and the CBD concentrations in that product, as well as your own metabolism. Edibles generally have longer lasting effects, but they also take longer to process as they have to go through your entire digestive system, which also breaks down some of that CBD. Edibles such as gummies or capsules are a foolproof way to ensure accurate and consistent serving sizes. CBD that is smoked or vaped acts faster and has less breakdown while also lasting less time overall.
I liked using it. Would have loved it if the product came without any flavoring. But that's just me anyway; I'm sure most people will give extra brownie points for the flavor. Sol CBD vape oil is as good as Vape Bright in the longer run. However, I found this substance to be slower acting initially. I can tell because it's been quite a while since I've been using CBD in various forms.
Of course, because legal marijuana is in such a confusing transitional period, even here there are potential exceptions. The U.S. Food and Drug Administration (FDA) approved Epidiolex, a treatment for a rare form of pediatric epilepsy that contains CBD. The DEA decided to classify this as a Schedule 5 drug, the scheduling that indicates the lowest potential for addiction and abuse.
Cannabidiol (CBD) has NOT been proven to treat, relieve, nor cure any disease or medical condition listed on this site. The medical studies, controlled tests, and health information offered on Cannabidiol Life of allcbdoilbenefits.com (or any variation of the URL) is an expressed summarization of our personal conducted research done by me and few friends in the business. The information provided on this site is designed to support, NEVER replace, the relationship that exists between a patient/site visitor and the patient's/site visitor's physician.
CBD (short for cannabidiol) is one of at least 113 chemical compounds known as cannabinoids found in the cannabis plant. The popularity of CBD oil products continues to increase as more consumers learn about the potential health benefits. Anxiety, depression, chronic pain, inflammation, and insomnia are just a few of the conditions cited by users who are successfully using CBD oil products.
In fact, CBD has even been found to be a mediating factor for some of the negative effects of THC, the active ingredient in recreational and medical cannabis. One study which reviewed the literature on the overall negative effects of cannabinoids pointed to emerging research that suggests that CBD ameliorates some of the negative psychological effects of THC, but noted that more research is needed on this frontier (9).
You should only use CBD oil products if you are willing to accept at least some risk of testing positive on a drug test. Not everyone who uses hemp-derived CBD oil tests positive. But it does happen. The risk of testing positive is lower if you're using a broad spectrum or isolate product. These products have non-detectable levels of THC based on manufacturer testing.
Welcome to the top-rated marketplace for proven CBD products. You're here, now relax – we've done the hard work for you. Since 2014, Pure CBD Vapor has been offering the most flavorful, trusted, and quality-driven CBD products available in the United States. We're loyal to our mission of providing only the best products and customer service, so even first-time shoppers can feel like savvy CBD consumers at checkout.
Vaping, tinctures, topicals—they all have their qualities, but does anything beat the decadence and sheer enjoyment of dark chocolate? These Tasty Cocoas CBD Chocolates from Tasty Hemp Oil come individually wrapped, ready to deliver a delicious serving of soothing CBD. Made with the highest-quality cocoa and raw hemp oil, these chocolates are available in dark and dark mint variations.
In short, the results of the survey (which were published in the Journal of Pain Research) showed that roughly 42% and 46% (respectively) of participants claimed they were able to use cannabis in place of traditional medical to effectively treat their specific medical ailment. So if you're wondering how to know if you need CBD for pain, remember that you're certainly not alone.
Generally, CBD oil is made by combining an extract with a carrier fluid or oil. This question is best answered by looking at how the CBD oil was extracted. CBD oil can be extracted using CO2 systems or by using chemical solvents. Both methods produce a CBD oil byproduct that is then combined with a fluid like MCT oil, coconut oil, or olive oil so that it can be delivered to the body. Always check to make sure you know the CBD content of the products you purchase.
Vaporizers – Many state-licensed cannabis dispensaries offer high CBD strains of cannabis flower. This allows for reduced risk of paranoia while allowing for a high medicinal dose of CBD. Vaporizers are used to heat up the flower and remove the properties or compounds of the plant that you are looking for without combustion or smoking. Vaporizers use convection much like a convection oven.
You should only use CBD oil products if you are willing to accept at least some risk of testing positive on a drug test. Not everyone who uses hemp-derived CBD oil tests positive. But it does happen. The risk of testing positive is lower if you're using a broad spectrum or isolate product. These products have non-detectable levels of THC based on manufacturer testing.


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Glycolic Acid Face Wash Exfoliating Cleanser 6Oz w/10% Glycolic Acid, And AHA For Wrinkles and Lines Reduction-Acne Face Wash For a Deep Clean-100% Organic Extracts w/Tea Tree,Shea Butter,and Bamboo
Glycolic Acid Face Wash Exfoliating Cleanser 6Oz w/10%
Our differential is to make everything organic, and all products are 100% Organic Extracts Tea Tree + Peppermint + Lavender Shea Butter + Seaweed + Willow Bark + Bamboo. This an 100% Organic Extract anti-aging exfoliating cleanser that contains a gentle form of glycolic acid. Helps reduce the appearance of fine lines, wrinkles and other signs of aging. Removes dead skin cells and smoothes out rough texture creating luminous, glowing skin. Our skin can go through a lot on any given day as it faces the elements, environmental pollution, sweat, dirt and other unavoidable grime. Using Botanic Tree Glycolic Acid Cleanser gives your skin a chance to feel renewed and refreshed to face another day. Made with 10% glycolic acid, this face wash is gentle yet effective in breaking down oil build up and dead skin cells while reducing the appearance of pores. With nourishing ingredients as Tea Tree + Peppermint + Lavender + Shea Butter + Seaweed + Willow Bark + Bamboo, your skin will feel pampered and clean without spending your paycheck at a spa. SATISFACTION GUARANTEE - Works or your money back- Made in USA.
- Brand: Botanic Tree
Olay Ultimate Eye Cream for Wrinkles, Puffy Eyes + Dark Circles, 0.4 fl oz
Olay Ultimate Eye Cream for Wrinkles, Puffy Eyes
You might not realize it, but skin around your eyes ages up to 20 years faster than the rest of your face. That's why we've specifically formulated Olay Eyes Ultimate Eye Cream to treat the delicate eye area. This 3-in-1 de-circler, de-wrinkler and de-puffer instantly reduces the appearance of fine lines, wrinkles puffy eyes and dark circles. Its powerful formula — with Vitamin B3 Niacinamide, Peptides and Pigments — hydrates to smooth and brighten the eye area. Give your look a boost of beauty, and fight long days and even longer nights in the most flawless way. Use Olay daily and see skin transformation in 28 days.
- Color: Ultimate Eye Cream
- Brand: Olay
SkinMedica HA5 Rejuvenating Hydrator, 2 oz.
LA PURE 24K Gold Eye Treatment Masks - Under Eye Patches, Dark Circles Under Eye Treatment, Under Eye Bags Treatment, Eye Mask for Puffy Eyes, Anti-Wrinkle, Undereye Dark Circles, Gel Pads 15 Pairs
LA PURE 24K Gold Eye Treatment Masks -
LA PURE Amazing Anti-Aging 24K Gold Collagen Depuffing/Cooling Under Eye Mask for Men and WomenYou have a big day tomorrow... a make it or break it kind of day. The problem is that you've had nothing but terrible sleep. Last week it was family and this week it's work. It's all long nights and early mornings. You look at the mirror - Dark circles from the night before, puffiness from too little sleep, and de-hydrated skin... The question naturally comes up: Can you meet them looking this... energetic?Yes, you can. You can anywhere with tired eyes. Work, or even a wedding.But you deserve better. You deserve to look the best, and you deserve to look fresh and energetic.This 24k Karat Gold mask is our solution for the night before. It will be the difference maker to your long nights and early mornings.And even if it isn't? Take advantage of our satisfaction guarantee and you'll be able to refund the entire product!Main Benefits•Helps to Expel Harmful Toxins and Free Radicals•Reduce The Appearance of Crows Feet•Reduce Eye Puffiness•Hydrate and Moisturize your skin•Help Prevent Premature Skin Aging•Reduce Inflammation•Helps Depuff Area Under Eye•Reduce Bags Under your Eyes•Reduce The Appearance of Wrinkles and Dark CirclesSensitivity TestPlease note that our Eye Masks...
- Color: Gold
- Brand: LA PURE
Frownies Forehead & Between Eyes, 144 Patches
StriVectin-TL Tightening Neck Cream, 1.7 Fluid Ounce
StriVectin-TL Tightening Neck Cream, 1.7 Fluid
Hydrating neck cream tightens, firms and returns youthful neck and jawline contour. Key ingredients : Peptides , Hyaluronic Acid , Ceramide Blend , Gravitite-CF Lifting Complex , NIA-114 , Botanically Derived Brightening Complex
- Brand: StriVectin
Original Jade Roller and Gua Sha Tools Set - Jade Roller for Face - Real 100% Jade - Face Roller for Wrinkles, Anti Aging - Authentic, Durable, Natural, No Squeaks - with Mask Brush
L'Oreal Paris Skincare Revitalift Triple Power Concentrated Face Serum Treatment with Hyaluronic Acid and Pro-Xylane Anti-Aging Facial Serum to Repair Wrinkles
L'Oreal Paris Skincare Revitalift Triple Power Concentrated Face
L'Oreal Paris Revitalift Triple Power Face Serum is an anti-aging serum to repair wrinkles, redensify skin and resurface skin texture.Why is Revitalift Triple Power Concentrated Facial Serum right for me?Aging skin requires more intensive action to help restore its youthful look. With age, wrinkles become more permanent, skin loses its resilence and the face, neck and jawline begin to sag.This luxurious, lightweight face serum helps transform the look of aging skin by working both on skin's surface and penetrating skin's surface by combining Hyaluronic Acid, a proven wrinkle-fighter, with our highest concentration of Pro-Xylane, an exclusive anti-aging super ingredient developed by L'Oreal Paris Laboratories.ULTRA-INTENSIVE TRIPLE ACTION SKINCARE1. REPAIR WRINKLES: face serum with Hyaluronic Acid rapidly penetrates skin to help fight each wrinkle2. REDENSIFY SKIN: Serum with concentrated Pro-Xylane re-volumizes to strengthen skin3. RESURFACE SKIN TEXTURE: facial serum with LHA smoothes skin and evens skin tone. The result: skin texture is more refined.Immediately complexion is more radiant. After one week of using face serum, skin texture appears smoother and skin tone is more even. After 4 weeks of use, wrinkles are visibly reduced, skin is revitalized and younger-looking.For be...
- Color: no
- Brand: L'Oreal Paris
Keeva Organics Acne Treatment Cream With Secret TEA TREE OIL Formula - Perfect For Acne Scar Removal, Fighting Breakouts, Spots, Cystic Acne - See Results in Days Without Dry Skin (1oz)
Keeva Organics Acne Treatment Cream With Secret TEA
STILL WANT MORE INFO KEEP READING... Enjoy celebrity status beauty and have the clear skin you deserve with our Tea Tree Oil acne treatment. This is a professional strength, all in one acne solution. There is nothing like Keeva on the market. No prescription required and results are backed by our guarantee. A long time celebrity secret, Keeva is now available to purchase. Keeva comes with everything you need for up to 3 months of treatment. Tired of Acne Blemishes, Spots, Scars or Cystic Acne, and Want a Solution that is Proven to Work Are you tired of using 3 different acne products that take 30 minutes to put on. Get the one shot, all powerful best acne cream from Keeva. Our shockingly simple formula is comprised of Tea Tree Oil as the active ingredient for fighting acne. Keeva is a natural Tea Tree Oil acne treatment cream that works on all skin and acne types. If you have hormonal, bacterial, or cystic acne... it does not matter. Just check our reviews, Keeva really is offering the best acne cream out there. The root cause of acne is blockage of the sebaceous glands. Tea Tree Oil, also known as melaleuca oil, naturally disinfects pores and dries out whiteheads, blackheads, pimples and other blemishes that people have on their face or back. Our Tea Tree Oil is o...
- Brand: Keeva Organics
Wrinkle Cream by Olay Regenerist Instant Fix Wrinkle & Pore Vanisher, 1.0 Fl Oz Packaging may Vary
Face and Body Cream Moisturizer - Nourishing Aloe Vera - Manuka Honey for Rosacea Eczema Psoriasis Rashes Itchiness Redness - Natural Organic Cracked Skin Relief - Anti Aging - Anti Wrinkle (2 oz)
Face and Body Cream Moisturizer - Nourishing Aloe
'FINALLY, A NATURAL SOLUTION THAT REALLY WORKS! Multi-Purpose, Organic Cream is a COMPLETE Solution for any Skin Condition. - Get calming results FAST from dryness, redness and itching. - Soothe and heal your skin while simultaneously nourishing it with SUPERFOODS. AMAZING FOR EYES, FACE & BODY - Non-Allergenic, Effective for tightening, firming and reducing wrinkles as well as scars! - Men love it - it's unscented and non-greasy. - Perfect for baby's sensitive skin. - Very gentle yet effective for treating facial skin conditions like rosacea. Natural ingredients, organic food grade, rare and miraculous ingredients - Manuka Honey has antioxidant and colloidal and softening action. - Aloe Vera Barbadensis is our base, carries the rest of the ingredients into the deepest layers of skin. Soothes and treats redness, burning, & itching. - MSM + Cehami, an Australian botanical reduces redness, inflammation and pain, great for puffy eyes and itching. - Blue-green Algae stimulates production of collagen and cellular rejuvenation. Great for your eyes and face. - Shea Butter, Cocoa Butter, Olive Oil, Hempseed Oil, and Coconut Oil keep your skin moisturized. - pH at 5.5 to match the skin exactly - works with the skin without stressing it out. YOU LOVE IT OR RETURN IT - 60 DAY MONEY-BACK GUA...
- Brand: Honeyskin Organics
NIVEA Skin Firming & Smoothing Concentrated Serum 2.50 oz
NIVEA Skin Firming & Smoothing Concentrated Serum 2.50
NIVEA Skin Firming and Smoothing Concentrated Serum improves skin's firmness and tone in as little as two weeks with regular use. Enriched with Coenzyme Q10, Natural lotus extract and L-Carnitine, it works with the skin to improve its appearance while providing a soft and supple feeling.
- Brand: Nivea
Serious Skincare 30% Pure Pep Neuropeptide Concentrate Cream 2oz
Brooklyn Botany Brown Sugar Body Scrub - Great as Face Scrub & Exfoliating Body Scrub, Stretch Marks, Foot Scrub, Great Gifts For Women - 10 oz
Brooklyn Botany Brown Sugar Body Scrub - Great
Brooklyn Botany Brown Sugar Body and Face Scrub: While Salt scrubs are sometimes dangerous to your skin as the size of the grain can cause microscopic tears, since brown sugar has smaller particles, it is gentler and safer. Brown sugar can also be used as an exfoliator on your face or for sensitive skin because it is softer than regular sugars. However, it is also strong enough to scrub away dead skin cells and make way for the healthier, glowing skin to show through. Brown sugar contains glycolic acid, that fights bacteria. Glycolic acid is an alpha-hydroxy acid, which is important in keeping your skin vivacious and healthy. Brown sugar gives you younger and fresher looking skin by breaking down glue-bonded skin cells which supports cell turnover. It also helps to improve sun damage and offers support to aging skin. Certain exfoliators can leave your skin dry and dull. Brown sugar is a natural humectant so it absorbs moisture from your environment and deposits it into your skin. Hydrating and conditioning, brown sugar helps to keep the moisture locked in. It also guards your skin against destructive toxins and keeps it healthy, nourished and glowing. Benefits of Brooklyn Botany Brown Sugar Scrub Include: Reduce toxins and impurities May reduce the appearance of Cellulite, ...
- Brand: Brooklyn Botany
Dr. Brandt Skincare Needles No More Baggage No Sleep No Problem
Sensual Edible Massage Oil Natural Aphrodisiac Aromatherapy for Relaxation and Tranquility with Jojoba Sweet Almond and Calming Lavender Therapeutic Erotic Deep Tissue Body Oil Vitamin E Moisturizer
Sensual Edible Massage Oil Natural Aphrodisiac Aromatherapy for
Sensual Massage Oil is an edible massage oil comprised of a mix of therapeutic essential oils and nourishing carrier oils that work in synergy to balance your body and mind. Our nutrient rich natural formula consists of potent muscle relieving oils that are enhanced by a yummy berry flavor perfect to turn the heat up a few notches in the bedroom. This sensual massage oil helps infuse passion and romance into your love life. This 3 in 1 body oil uplifts your mood and soothes your muscles. It is the perfect consistency to perform therapeutic massages such as deep tissue and Swedish to relieve back shoulder and neck pain. Let the sweet and fresh Berry scent take your mind away from your day to day worries. Lavender is a natural aphrodisiac to inspire and stimulate romantic passion and intimacy. The Sweet Almond oil and Jojoba are great natural skin care agents that help soften the appearance of fine lines, wrinkles, and stretch marks for soft and sexy skin.This formula is non-greasy and non-sticky for the perfect silky smooth consistency for hands to easily glide up and down the body. Our formula is all natural and chemical free, paraben free, preservative free, and cruelty free. It is made in a center that exceeds cGMP standards and backed by a 100% money back guaranteeSensual Berr...
- Brand: Maple Holistics
SKIN1004 Zombie Pack (set of 8 treatments) - Wash-off Face Mask for Aging Skin, Fine Lines/Wrinkles, Enlarged Pores, Dryness, Lifting and Hydrating
SKIN1004 Zombie Pack (set of 8 treatments) -
Recommeded for: All skin types (Contains egg) Does NOT Include: Parabens, Mineral Oils, Artificial Coloring, Which ingredients will help my skin? Diamond Powder - Effective fore skin brightening Albumin - An ingredient found in egg whites that takes in moisture and helps with skin tightening. Aloe Vera Extract - Helps with replenishing, calming, and smoothing of skin.Rose of Jericho Extract - Also known as the resurrection plant, this plant can survive decades even with only 2% moisture. How do I use it? 1.Remove cover from Zombie pack.2.Add activator to powder and mix with brush. 3.Spread mixture over entire face excluding eye area. 4.Leave on face for 10~15 minutes and wash off with warm water. Finish with toner or lotion of choice.
- Brand: SKIN1004
How to use the needles no more wrinkle smoothing Cream
How to use dr.brandt® Skincare needles no more wrinkle smoothing cream The revolutionary needles no more wrinkle smoothing cream targets lines & wrinkles on the forehead, between brows and crow's feet. A powerful tri-blend of wrinkle smoother that works synergistically in 3 stages to help smooth...
Benefiance Wrinkle Smoothing Cream - Tratamiento Antiedad
Poderoso tratamiento anti-edad que corrige las arrugas visiblemente en 2 semanas. El tratamiento antiedad más eficaz, con la Re-Neura Technology.
Please watch: "WARNING. YOU'RE BEING LIED TO." https://www.youtube.com/watch?v=Z1lovMzixm0 -~-~~-~~~-~~-~- Your eyes will love my extra soft Japanese brushes available to ship worldwide here: http://bit.ly/1OvBzAR This eye cream actually works to help restore lost elasticity in the eye area. I...