Mar 31, 2014
Dear MEMBERS,
The Directors have pleasure in presenting the Twenty Ninth Annual
Report together with the Audited accounts for the year ended 31st March
2014.
FINANCIAL RESULTS 2013-2014 2012-2013
(Rs.) (Rs.)
Operating Income 7,42,92,535 56,422,453
Profit before Interest &
Depreciation 5,013,600 17,76,694
Less: a) Interest 19,93,377 1,131,969
b)Depreciation 19,61,123 2,045,679
Net Profit / (Loss) before
Taxation 10,59,100 (1,400,954)
Provision for Income
Tax 7,63,000 0
Provision for Deferred
Tax (1,41,676) (270,91 5)
Net Profit / (Loss) after
Taxation 4,37,776 (1,130,039)
Add: Balance of Profit Brought
forward from previous years 13,34,112 (2,44,730)
Add: Excess/ (Short) Provision for
income Tax for Previous years 0 (40,657)
Balance carried to Balance
Sheet 8,96,336 1,334,1 12
OPERATIONS:
The operational income of the Company has increased from Rs.564.22 Lacs
to Rs.742.92 Lacs registering a growth of 31.67 % in the current year.
Income from scanning business has marginally increased from Rs. 0.92
Lacs to Rs. 1.10 Lacs during the year under review. The income from
trading and servicing has increased from Rs. 497.33 Lacs to Rs. 591.98
Lacs for the current year. While Distribution Commission has increased
from Rs. 60.75 Lacs to Rs. 140.27 Lacs for the current year. Overall
income has increased by Rs. 1 78.70 Lacs, during the year under review.
INCOME FROM NON DIAGNOSTIC BUSINESS:
The Overall income is increasing year after year. The company has
earned profit of Rs.4.38 Lacs after tax as Against the loss of
Rs. 11.30 Lac in Previous Year. The Directors are hopeful to achieve
further growth in the year 2014-15, as the company has undertaken new
projects/Tenders.
DIVIDEND:
Due to the past losses the Board expresses their inability to recommend
any dividend for the year 201 3- 2014.
LISTING:
Shares of your Company continue to be listed on Bombay Stock Exchange
Limited, Mumbai and the listing fee has been paid for the year 2014-201
5 in the month of May, 2014.
DIRECTORS:
Mr. Cirish Sareen & Mr. Ravi Kohli, Directors of the Company retire by
rotation and being eligible, offer themselves for reappointment.
The Board recommends to the shareholders the re-appointments of the
above-mentioned Directors.
THE DIRECTORS RESPONSIBILITY
Pursuant to the requirement under Section 134(5) of the Companies Act,
2013 with respect to Directors'' Responsibility Statement, it is hereby
confirmed:
i) That in the preparation of the accounts for the financial year ended
31st March, 2014, the applicable accounting standards have been
followed along with proper explanation related to material departures;
ii) That the Directors have selected such accounting policies and
applied them consistently and made adjustments and estimates that are
reasonable and prudent so as to give a fair view of the State of
Affairs of the Company at the end of the Financial Year and of the
Profit and Loss of the Company for that period;
iii) That the Directors have taken proper and sufficient care for the
maintenance of adequate accounting records in accordance with the
provisions of the Companies Act, 201 3 for safeguarding the Assets of
the Company and for preventing and detecting fraud and other
irregularities;
iv) That the Directors have prepared the accounts for the financial
year ended 31st March 2014 on a ''going concern'' basis.
AUDITORS'' REPORT AND RE-APPOINTMENT OF AUDITORS
The Auditors, M/s R. Nagpal Associates, Chartered Accountants, New
Delhi hold office till the conclusion of the ensuing Annual General
Meeting and are recommended for re-appointment. They have submitted a
certificate in accordance with the applicable provisions of the
companies Act 2013, confirming their eligibility and willingness for
re-appointment.
The observation of Auditors and Notes on Accounts are self-explanatory.
PARTICULARS OF EMPLOYEES
The Provisions of Section 21 7 (2A) of the Companies Act, 1956 read
with the Companies (Particulars of Employees) Rules, 1975 as amended by
Amendment Rules, 2011 do not apply, as none of the employees of the
Company was paid a salary of Rs. 5,00,000/- (Rupees Five lacs only) or
more per month, if employed for part of the year or Rs.60,00,000/-
(Rupees Sixty lacs only) per annum, if employed throughout the year.
FIXED DEPOSITS
The Company has not accepted any deposits under Section 73 of Companies
Act, 2013 during the financial year under review.
CONSERVATION OF ENERGY, TECHNOLOGY ABSORPTION, FOREIGN EARNINGS AND
OUTGO
The information pertaining to conservation of energy, technology
absorption, foreign exchange earnings and Outgo is given in the
Annexure forming part of this Report.
ACKNOWLEDGEMENT
Your Directors wish to place on record their appreciation for the
co-operation and assistance extended by the Bankers, the Medical
Professionals and the Staff.
For and on behalf of the Board of Directors
DR. GAUTAM SEHAL MR. RAVI KOHLI
MANAGING DIRECTOR DIRECTOR
PLACE-: NEW DELHI
DATE-: 30thMAY 2014.
Mar 31, 2013
TO THE MEMBERS:
The Directors have pleasure in presenting the Twenty Eighth Annual
Report together with the audited accounts for the year ended 31st March
2013.
FINANCIAL RESULTS 2012-2013 2011-2012
(Rs.) (Rs.)
Operating Income 56,422,4 53 41,153,323
Profit before Interest &
Depreciation 17,76,694 42,66,692
Less: a) Interest 1,131,969 829,714
b) Depreciation 2,045,679 2,949,370
Net Profit / (Loss) before Taxation (1,400,954) 464,355
Provision for Income Tax 0 600,000
Provision for Deferred Tax (270,915) (248,001)
Net Profit / (Loss) after Taxation (1,130,039) 112,356
Add: Balance of Profit Brought
forward from previous years (2,44,730) (336,627)
Add: Excess/ (Short) Provision
for Income Tax for Previous years (40,657) 20,459.00
Balance carried to Balance Sheet 1,334,112 (244,731)
OPERATIONS:
The operational income of the Company has increased from Rs. 411.53
Lacs, to Rs. 564.22 Lacs, registering a growth of 37.10% in the current
year. Income from scanning business has decreased from Rs. 10.77 to Rs.
0.92 Lacs during the year under review. The income from trading and
servicing has increased from Rs. 236.74 Lacs to Rs. 497.33 Lacs for the
current year. While Distribution Commission has decreased from Rs.
158.88 Lacs to Rs. 60.75 Lacs for the current year. Overall income has
increased by Rs. 152.69 Lacs, during the year under review.
INCOME FROM NON DIAGNOSTIC BUSINESS:
The Overall income is increasing year after year. However, company has
incurred a loss of Rs. 14.00 Lacs before tax due to reason mentioned
above. The Board of Directors are hopeful turned-around in the year
2013-14, as the company has undertaken a new projects/Tenders.
DIVIDEND:
Due to the loss the Board expresses their inability to recommend any
dividend for the year 2013-2014.
LISTING:
Shares of your Company continue to be listed on Bombay Stock Exchange
Limited, Mumbai and the listing fee has been paid for the year
2013-2014 in the month of May, 2013.
DIRECTORS:
Dr. Gautam Sehgal & Dr. Vivek Sehgal, Directors of the Company retire
by rotation and being eligible, offer themselves for reappointment.
The Board recommends to the shareholders the re-appointments of the
above-mentioned Directors.
THE DIRECTORS RESPONSIBILITY STATEMENT AS REQUIRED UNDER SECTION
217(2AA) OF THE COMPANIES ACT (AMENDMENT ACT), 2000
Pursuant to the requirement under Section 217(2AA) of the Companies
Act, 1956 with respect to Directors'' Responsibility Statement, it is
hereby confirmed:
i) That in the preparation of the accounts for the financial year ended
31st March, 2013, the applicable accounting standards have been
followed along with proper explanation related to material departures;
ii) That the Directors have selected sound accounting policies and
applied them consistently and made adjustments and estimates that were
reasonable and prudent so as to give a fair view of the State of
Affairs of the Company at the end of the Financial Year and of the
Profit and Loss of the Company for the year under review;
iii) That the Directors have taken proper and sufficient care for the
maintenance of adequate accounting records in accordance with the
provisions of the Companies Act, 1956 for safeguarding the Assets of
the Company and for preventing and detecting fraud and other
irregularities;
iv) That the Directors have prepared the accounts for the financial
year ended 31st March 2013 on a ''going concern'' basis.
AUDITORS'' REPORT AND RE-APPOINTMENT OF AUDITORS
The Auditors, M/s R. Nagpal Associates, Chartered Accountants, New
Delhi hold office till the conclusion of the ensuing Annual General
Meeting and are recommended for re-appointment. They have furnished a
certificate to the effect that their re-appointment, if made, will be
in accordance with Section 224 (IB) of the Companies Act, 1956.
The observation of Auditors and Notes on Accounts are self-explanatory.
EMPLOYEES PARTICULARS j
The Provisions of Section 217 (2A) of the Companies Act, 1956 read with
the Companies (Particulars of Employees) Rules, 1975 as amended by
Amendment Rules, 2011 do not apply, as none of the employees of the
Company was paid a salary of Rs. 5,00,000/- (Rupees Five Lacs Only) or
more per month, if employed for part of the year or i Rs.60,00,000/-
(Rupees Sixty Lacs Only) per annum, if employed throughout the year.
FD£ED DEPOSITS
The Company has not accepted any deposits under Section 58A of
Companies Act, 1956 during the financial year under review.
CONSERVATION OF ENERGY, TECHNOLOGY ABSORPTION, FOREIGN EARNINGS AND
OUTGO
The information pertaining to conservation of energy, technology
absorption, foreign exchange earnings and outgo is given in the
Annexure forming part of this Report.
ACKNOWLEDGEMENT
Your Directors wish to place on record their appreciation for the
co-operation and assistance extended by the Bankers, the Medical
Professionals and the Staff.
For and on behalf of the Board of Directors
Dr. Gautam Sehgal Dr. (Mrs.) Versha Sehgal
Managing Director Director
Place: New Delhi
Date: 30th May 2013.
Mar 31, 2012
The Directors have pleasure in presenting the Twenty Seventh Annual
Report together with the audited accounts for the year ended 31st March
2012.
FINANCIAL 2011-2012 2010-2011
RESULTS (Rs.) (Rs.)
Operating Income 41153323.33 36817661.93
Profit before Interest
& Depreciation 4266691.79 5748384.00
Less: a) Interest 852967.25 1313343.84
b) Depreciation 2949370.45 3493130.44
Net Profit/(Loss)
before Taxation 464354.09 941909.72
Provision for Income
Tax 600000.00 175000.00
Provision for Deferred
Tax (248001.00) 4266.00
Net Profit/(Loss) after
Taxation 112355.09 762643.72
Add: Balance of Profit
Brought
Forward from
previous years (336626.99) (1074430.71)
Add: Excess/(Short)
Provision for
Income Tax for
Previous Years (20459.00) (24840.00)
Balance carried to
Balance Sheet (244730.90) (336626.99)
OPERATIONS:
The operational income of the Company has increased from Rs. 368.18
Lacs to Rs. 411.53 Lacs, registering a growth of 11.77% in the current
year. Income from scanning business has decreased from Rs. 17.12 Lacs
to Rs. 10.77 Lacs during the year under review. The income from trading
and servicing has decreased from Rs. 293.23 Lacs to Rs. 236.74 Lacs for
the current year. While Distribution Commission has increased from Rs.
50.90 Lacs to Rs. 158.88 Lacs for the current year. Overall income has
increased by Rs. 43.35 Lacs, during the year under review.
INCOME FROM NON DIAGNOSTIC BUSINESS:
The Overall income has increased during the year. However, profit
before tax was lower due to stiff competition is Rs. 4.64 Lacs. The
Board of Directors are hopeful to win the tenders in the year 2012-13
by which performance of the company will improve further.
DIVIDEND:
Due to the past losses the Board expresses their inability to recommend
any dividend for the year 2012-2013.
LISTING:
Shares of your Company continue to be listed on Bombay Stock Exchange
Limited, Mumbai and the listing fee has been paid for the year
2012-2013 in the month of April, 2012.
DIRECTORS:
Mr. Anil Mithal & Mrs. Radhika Sehgal, Directors of the Company retire
by rotation and being eligible, offer themselves for reappointment.
The Board recommends to the shareholders the re-appointments of the
above-mentioned Directors.
THE DIRECTORS RESPONSIBILITY STATEMENT AS REQUIRED UNDER SECTION
217(2AA) OF THE COMPANIES ACT (AMENDMENT ACT), 2000
Pursuant to the requirement under Section 217(2AA) of the Companies
Act, 1956 with respect to Directors' Responsibility Statement, it is
hereby confirmed:
i) That in the preparation of the accounts for the financial year ended
31st March, 2012, the applicable accounting standards have been
followed along with proper explanation related to material departures;
ii) That the Directors have selected sound accounting policies and
applied them consistently and made adjustments and estimates that were
reasonable and prudent so as to give a fair view of the State of
Affairs of the Company at the end of the Financial Year and of the
Profit and Loss of the Company for the year under review:
iii) That the Directors have taken proper and sufficient care for the
maintenance of adequate accounting records in accordance with the
provisions of the Companies Act, 1956 for safeguarding the Assets of
the Company and for preventing and detecting fraud and other
irregularities;
iv) That the Director have prepared the accounts for the financial year
ended 31st March 2012 on a 'going concern' basis.
AUDITORS' REPORT AND RE-APPOINTMENT OF AUDITORS
The Auditors, M/s Khattar Khanna & Associates, Chartered Accountants,
New Delhi has resigned as company's auditors. Board of Directors place
on record their appreciation for the services rendered by M/s Khattar
Khanna & Associates from 1999 to 2012 and in future also will continue
giving honorary services as and when required by the company.
The observation of Auditors and Notes on Accounts are self-explanatory.
EMPLOYEES PARTICULARS
The Provisions of Section 217 (2A) of the Companies Act, 1956 read with
the Companies (Particulars of Employees) Rules, 1975 as amended by
Amendment Rules, 2011 do not apply, as none of the employees of the
Company was paid a salary of Rs. 5,00,000/- or more per month, if
employed for part of the year or Rs. 60,00,000/- per annum, if
employed through out the year.
FIXED DEPOSITS
The Company has not accepted any deposits under Section 58A of
Companies Act, 1956 during the financial year under review.
CONSERVATION OF ENERGY, TECHNOLOGY ABSORPTION, FOREIGN EARNINGS AND
OUTGO
The information pertaining to conservation of energy, technology
absorption, foreign exchange earnings and outgo is given in the
Annexure forming part of this Report.
ACKNOWLEDGEMENT
Your Directors wish to place on record their appreciation for the
co-operation and assistance extended by the Bankers, the Medical
Profession-able and the Staff.
FOR AND ON BEHALF OF THE BOARD OF DIRECTORS
Dr. GAUTAM SEHGAL Dr.(Mrs.) VERSHA SEHGAL
Managing Director Director
Place : New Delhi
Date : 7th July, 2012.
Mar 31, 2011
TO THE MEMBERS:
The Directors have pleasure in presenting the Twenty Sixth Annual
Report together with the audited accounts for the year ended 31st
March, 2011.
FINANCIAL RESULTS 2010-2011 2009-2010
(Rs.) (Rs.)
Operating Income 36817661.93 34092894.48
Profit before Interest & Depreciation 5748384.00 6123314.42
Less: a) Interest 1313343.84 1508688.15
b) Depreciation 3493130.44 3586140.71
Net Profit / (Loss) before Taxation 941909.72 1028485.56
Provision for Income Tax 175000.00 175000.00
Fringe Benefit Tax 0.00 0.00
Provision for Deferred Tax 4266.00 1199651.00
Net Profit / (Loss) after Taxation 762643.72 (346165.44)
Add: Balance of Profit Brought
Forward from previous years (1074430.71) (717512.27)
Less: Transfer to General Reserve 0.00 0.00
Add : Excess / (Short) Provision for (24840.00) (10753.00)
Income Tax for Previous Years
Add: Gratuity Fund surplus on adoption
of revised AS 15 0.00 0.00
Balance carried to Balance Sheet (336626.99) (1074430.71)
OPERATIONS:
The operational income of the Company has increased from Rs. 340.93
lacs to Rs. 368.18 Lacs, registering a growth of 8%, in the current
year. Income from scanning business has decreased from Rs. 41.88 lacs
to Rs. 17.12 Lacs during the year under review. The income from trading
and servicing has increased from Rs. 188.44 Lacs to Rs. 294.23 Lacs for
the current year. While Distribution Commission has decreased from Rs.
101.88 Lacs to Rs. 50.90 Lacs for the current year. Overall income has
increased by Rs. 27.25 Lacs, during the year under review.
INCOME FROM NON DIAGNOSTIC BUSINESS:
The Company has won the tenders for supply of Medical Equipment and
hence the income from sales and services has picked up resulting in
profit before Tax of Rs. 9.42 lacs for the year under review. The Board
of Directors are hopeful to win the tenders in the year 2011- 12 by
which performance of the company will improve further.
DIVIDEND:
Due to the past losses the Board expresses their inability to recommend
any dividend for the year 2010-2011.
LISTING:
Shares of your Company continue to be listed on Bombay Stock Exchange
Limited, Mumbai and the listing fee has been paid for the year
2011-2012 in the month of April, 2011.
DIRECTORS:
Mr. Ravi Kohli & Mr. Girish Sareen, Directors of the Company retire by
rotation and being eligible, offer themselves for reappointment.
The Board recommends to the Shareholders the re-appointments of the
above-mentioned Directors.
THE DIRECTORS RESPONSIBILITY STATEMENT AS REQUIRED UNDER SECTION
217(2AA) OF THE COMPANIES ACT (AMENDMENT ACT), 2000
Pursuant to the requirement under Section 217(2AA) of the Companies
Act, 1956 with respect to Directors' Responsibility Statement, it is
hereby confirmed:
i) That in the preparation of the accounts for the financial year ended
31st March, 2011, the applicable accounting standards have been
followed along with proper explanation related to material departures;
ii) That the Directors have selected sound accounting policies and
applied them consistently and made adjustments and estimates that were
reasonable and prudent so as to give a fair view of the State of
Affairs of the Company at the end of the Financial Year and of the
Profit and Loss of the Company for the year under review;
iii) That the Directors have taken proper and sufficient care for the
maintenance of adequate accounting records in accordance with the
provisions of the Companies Act, 1956 for safeguarding the Assets of
the Company and for preventing and detecting fraud and other
irregularities;
iv) That the Directors have prepared the accounts for the financial
year ended 31st March, 2011 on a 'going concern' basis.
AUDITORS' REPORT AND RE-APPOINTMENT OF AUDITORS
The Auditors, M/s Khattar Khanna & Associates, Chartered Accountants,
New Delhi hold office till the conclusion of the ensuing Annual General
Meeting and are recommended for re-appointment. They have furnished a
certificate to the effect that their re-appointment, if made, will be
in accordance with Section 224 (1B) of the Companies Act, 1956.
The observation of Auditors and Notes on Accounts are self-explanatory.
EMPLOYEES PARTICULARS
The Provisions of Section 217 (2A) of the Companies Act, 1956 read with
the Companies (Particulars of Employees) Rules, 1999 as amended by
Amendment Rules, 2002 do not apply, as none of the employees of the
Company was paid a salary of Rs. 2,00,000/- or more per month, if
employed for part of the year or Rs. 24,00,000/- per annum, if employed
through out the year.
FDXED DEPOSITS
The Company has not accepted any deposits under Section 58A of
Companies Act, 1956 during the financial year under review.
CONSERVATION OF ENERGY, TECHNOLOGY ABSORPTION, FOREIGN EARNINGS AND
OUTGO
The information pertaining to conservation of energy, technology
absorption, foreign exchange earnings and outgo is given in the
Annexure forming part of this Report.
ACKNOWLEDGEMENT
Your Directors wish to place on record their appreciation for the
co-operation and assistance extended by the Bankers, the Medical
Professionals and the Staff.
FOR AND ON BEHALF OF THE BOARD OF DIRECTORS
Dr. GAUTAM SEHGAL Dr. (Mrs.) VERSHA SEHGAL
Managing Director Director
Place: New Delhi
Date : 30th May, 2011.
Mar 31, 2010
The Directors have pleasure in presenting the twenty fifth Annual
Report together with the audited accounts for the year ended 31st
March, 2010.
FINANCIAL RESULTS 2009-2010 2008-2009
(Rs.) (Rs.)
Operating Income 34092894.48 48025575.12
Profit before Interest & Depreciation 6123314.02 6190956.46
Less: a) Interest 1508688.15 1691253.87
b) Depreciation 3586140.31 3761568.11
Net Profit / (Loss) before Taxation 1028485.56 738134.48
Provision for Income Tax 175000.00 80000.00
Fringe Benefit Tax 0.00 200000.00
Provision for Deferred Tax 1199651.00 23911.00
Net Profit / (Loss) after Taxation (346165.44) 434223.48
Add: Balance of Profit / (Loss) Brought
Forward from previous years (717512.27)(2325246.75)
Less: Transfer to General Reserve 0.00 0.00
Add : Excess / (Short) Provision for (10753.00) 0.00
Income Tax for Previous Years
Add: Gratuity Fund surplus on adoption of 0.00 1173511.00
revised AS 15 Balance carried to Balance Sheet(1074430.71) (717512.27)
OPERATIONS:
The operational income of the Company has decreased from Rs. 480.26
lacs to Rs. 340.93 lacs in the current year. Income from scanning
business has decreased from Rs. 92.14 lacs to Rs. 41.88 lacs during the
year under review. The income from trading and servicing was Rs. 188.44
lacs as against Rs. 348.45 lacs for the previous year. While
Distribution Commission was Rs.101.88 lacs as against Rs.38.10 lacs
last year. Overall income has decrease by Rs. 139.33 lacs.
INCOME FROM NON DIAGNOSTIC BUSINESS:
The Company has won the tenders for supply of Medical Equipment and
hence the income from sales and services has picked up, resulting in
profit before Tax of Rs. 10.28 lacs for the year under review. The
Board of Directors are hopeful to win the tenders in the year 2010-11
by which performance of the company will improve further.
DIVIDEND:
Due to past losses the Board expresses their inability to recommend any
dividend for the year 2009-2010.
LISTING:
Shares of your Company continue to be listed on Bombay Stock Exchange
Limited, Mumbai and the listing fee has been paid for the year
2010-2011 in the month of April, 2010.
DIRECTORS:
Dr. Gautam Sehgal & Dr. Vivek Shegal, Directors of the Company retire
by rotation and being eligible, offer themselves for re-appointment.
The Board recommends to the shareholders the reappointments of the
above-mentioned Directors.
THE DIRECTORS RESPONSIBILITY STATEMENT AS REQUIRED UNDER SECTION
217(2AA) OF THE COMPANIES ACT (AMENDMENT) ACT, 2000
Pursuant to the requirement under Section 217(2AA) of the Companies
Act, 1956, with respect to Directors Responsibility Statement, it is
hereby confirmed:
i) That in the preparation of the accounts for the financial year ended
31st March,
2010, the applicable accounting standards have been followed along with
proper explanation related to material departures;
ii) That the Directors have selected sound accounting policies and
applied them consistently and made adjustments and estimates that were
reasonable and prudent so as to give a fair view of the State of
Affairs of the Company at the end of the Financial Year and of the
Profit and Loss of the Company for the year under review;
iii) That the Directors have taken proper and sufficient care for the
maintenance of adequate accounting records in accordance with the
provisions of the Companies Act, 1956 for safeguarding the Assets of
the Company and for preventing and detecting fraud and other
irregularities;
iv) That the Directors have prepared the accounts for the financial
year ended 31st March, 2010 on a going concern basis.
AUDITORS REPORT AND RE-APPOINTMENT OF AUDITORS
The Auditors, M/s Khattar Khanna & Associates, Chartered Accountants,
New Delhi hold office till the conclusion of the ensuing Annual General
Meeting and are recommended for re-appointment. They have furnished a
certificate to the effect that their re-appointment, if made, will be
in accordance with Section 224 (IB) of the Companies Act, 1956.
The observation of Auditors and Notes on Accounts are self-explanatory.
EMPLOYEES PARTICULARS
The Provisions of Section 217(2A) of the Companies Act, 1956 read with
the Companies (Particulars of Employees) Rules, 1999 as amended by
Amendment Rules, 2002 do not apply, as none of the employees of the
Company was paid a salary of Rs. 2,00,000/- or more Ãper month, if
employed for part of the year or Rs. 24,00,000/- per annum, if employed
through out the year.
FDOED DEPOSITS
The Company has not accepted any deposits under Section 58A of
Companies Act, 1956 during the financial year under review.
CONSERVATION OF ENERGY, TECHNOLOGY ABSORPTION, FOREIGN EARNINGS AND
OUTGO
The information pertaining to conservation of energy, technology
absorption, foreign exchange earnings and outgo is given in the
Annexure forming part of this Report.
ACKNOWLEDGEMENT
Your Directors wish to place on record their appreciation for the
co-operation and assistance extended by the Bankers, the Medical
Professionals and the Staff.
FOR AND ON BEHALF OF THE BOARD OF DIRECTORS
DR. GAUTAM SEHGAL DR. (MRS.) VERSHA SEHGAL
Managing Director Director
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