Mar 31, 2015
Dear Members,
Your Directors have pleasure in presenting their 26th ANNUAL REPORT
along with the audited annual accounts for the year ended on 31st
MARCH, 2015, AND REPORT THAT: -
1. FINANCIAL RESULTS
A summary of your Company's Financial Performance for the Financial
Year ended 31st March 2015 is given below: -
PARTICULARS 2014-2015 2013-2014
Sales & Other Income 8,77,507 (31,52,709)
Profit/(Loss) Before Tax (PBT) (14,531) (40,86,964)
Profit/(Profit) After Tax (PAT) (14,531) (40,86,964)
Less :- Prior year tax adjustments NIL (5,34,630)
Deferred Tax (252) (401)
Add :- Balance b/f from the previous year (17,46,089) (28,75,103)
Balance available for Appropriation (17,60,368) (17,46,089)
Less :- Transferred to General Reserve NIL NIL
Proposed Dividend NIL NIL
Balance Carried to Balance Sheet (17,60,368) (17,46,089)
2. SECRETARIAL AUDITOR
Pursuant to provisions of section 204 of the Companies Act, 2013 and
The Companies (Appointment and Remuneration of Managerial Personnel)
Rules, 2014 the company has appointed M/s. Abhishek Lakhotia & Co.,
Company Secretary in practice to undertake the Secretarial Audit of the
Company for FY 2014-15. The Secretarial Audit report is annexed
herewith as "Annexure B". The Board of Directors has re-appointed M/s.
Abhishek Lakhotia & Co, Company Secretary in Practice to conduct
Secretarial Audit for FY 2015- 16 at its meeting held on 30th September
2015.
3. EXTRACT OF ANNUAL RETURN
The details forming part of the extract of Annual Return in Form MGT-9
as required under Section 92 of the Companies Act, 2013 (herein after
referred to as "the Act") form an integral part of this Report.
ANNEXURE - B
4. NUMBER OF MEEINGS OF THE BOARD
During Financial Year 2014-15 Five Board Meetings were held by the
Company on 28th April.,2014, 29th July.,2014, 21st Oct.,2014, 21st
Jan.,2015 and 31st March.,2015. The intervening gap between the
meetings was prescribed under the Companies Act.2013 and clause 49 of
the Listing Agreement entered with the BSE. The number of Committee
Meeting held during the Financial Year 2014-15 forms part of the
Corporate Governance Report.
5. DIRECTOR'S RESPONSIBILITY STATEMENT
To the best of knowledge and belief and according to the information
and explanation obtained by them, your Directors make the following
statements in terms of Section 134(5) of the Act.
(a) That in the preparation of the annual financial statements, the
applicable accounting standards have been followed along with proper
explanation relating to material departures, if any;
(b) That such accounting policies as mentioned in Notes to the
Financial Statements have been selected and applied consistently and
judgments have been made that are reasonable and prudent so as to give
a true and fair view of the state of affairs of the company as at 31st
March, 2015 and of the profit or loss of the Company for the Financial
Year ended on that date;
(c ) That proper and sufficient care has been taken for the maintenance
of adequate accounting records in accordance with the provisions of the
Companies Act, 2013 for safeguarding the assets of the company and for
preventing and detecting fraud and their irregularities;
(d) That the annual Financial Statements have been prepared on a going
concern basis;
(e) That proper internal financial controls were in place and that the
financial controls Were adequate and were operating effectively;
(f) That systems to ensure compliance with the provisions of all
applicable laws and that such systems were adequate and operating
effectively.
6. DIRECTORS:
In accordance with the provisions of Section 152 of the Act, and that
of Articles of Association of the Company, Shri Gopal Manekchand Veram
(DIN: 01687709), Director of the Company retires by rotation at this
AGM of the Company and being eligible, offers himself for
reappointment. In accordance with the provision of the Act, the
Articles of Association of the Company, and as per the Clause 49 of the
listing agreement entered with Stock Exchange, the Board of Directors
in their meeting held on 29th May, 2015 appointed Mrs Kiran Lata Ashok
Verma (DIN: 05199911) as Additional Director (Woman Director) up to the
ensuing AGM. The Company has received notice in writing from her
signifying own candidature for appointment as Non-Executive Director of
the Company. The Board recommends her appointment at the ensuing AGM.
The Company has received declarations from all the Independent
Directors confirming that they meet with the criteria of independence
as prescribed both under Section 149 (6) of the Companies Act, 2013 and
under Clause 49 of the Listing Agreement with the BSE.
7. AUDITORS AND AUDITORS REPORT.
M/s. K.K. Jhunjhunwala & Co., Chartered Accountants (Reg. No. 111852W)
Auditors of the Company, retire at the conclusion of ensuing AGM and
offer themselves for reappointment. The Company has received letter
from K.K. Jhunjhunwala & Co., Chartered Accountants (Reg. No. 111852W)
to the effect of their appointment, if made, would be in prescribed
limit under Sections 139 and 142 of the Act. The Audit Committee and
Board of Directors recommend reappointment of K.K. Jhunjhunwala & Co.,
Chartered Accountants (Reg. No. 111852W) as Auditors of the Company to
hold office conclusion of the ensuing AGM till the conclusion of next
AGM and to fix their remuneration. The Notes on Accounts referred to in
the Auditors' Report are self- explanatory and do not call for any
further comments.
8. PARTICULARS OF LOANS, GUARANTEES OR INVESTMENTS BY THE COMPANY
UNDER SECTION 186.
There are no loans, Guarantees and Investments made under the
provisions of Section 186 of the Companies Act, 2013 during the year.
Details of Loan, Guarantees and Investments covered under the
provisions of the Act are given in the notes to the Financial
Statements.
9. RELATED PARTY TRANSACTIONS:
There are no contracts or arrangements with related parties referred to
section 188(1) of the companies Act, 2013.
10. DEPOSITS:
Your Company has not accepted any deposits within the meaning of
section 73 of the Companies Act, 2013 and the Rule made thereunder and
therefore no amount of principal or interest was outstanding as on the
date of Balance Sheet.
11. FINANCIAL HIGHLIGHTS AND COMPANY AFFAIRS:
Your Company has earned total revenue of Rs.8.78 lakhs in Financial
Year 2014-15 as compared to loss Rs.31.53 lakhs in Financial Year
2013-14. The profit/(Loss) after tax in Financial Year 2014-15 is
Rs.(0.14) lacs as compared to loss Rs.46.21 lakhs in Financial Year
2013-14.
12. DIVIDEND
Due to non-availability of sufficient funds, your directors express
their inability to recommend any dividend for the year under review.
13. RISK MANAGEMENT
As per the Act, and as part of good corporate governance the Company
has constituted the Risk Management Committee. The Committee is
required to lay down the procedures to inform to the Board about the
risk assessment and minimization procedures and the Board shall be
responsible for framing, implementing and monitoring the risk
management plan and policy for the Company. The main objective of this
policy is to ensure sustainable business growth with stability and to
promote a pro-active approach in reporting, evaluating and resolving
risks associated with the business. In order to achieve the key
objective, the policy establishes a structured and disciplined approach
to Risk Management, in order to guide decisions on risk related issues.
The Committee reviewed the risk trend, exposure and potential impact
analysis carried out by the management. It was specifically confirmed
to the Committee by the MD & CEO and the CFO that the mitigation plans
are finalised and up to date, owners are identified and the progress of
mitigation actions are monitored.
14. SHARE CAPITAL
The Issued, Subscribed and Paid-Up Equity Share Capital as on 31st
March, 2015 was Rs.48,609,000. During the year under review, the
Company has not issued shares with differential voting rights nor
granted any stocks options or sweat equity. As on 31st March, 2015 none
of the Directors of the Company holds instrument convertible into
equity shares of the Company.
15. CORPORATE GOVERNANCE
As per Clause 49 of the Listing Agreement entered with the BSE, a
separate Report on Corporate Governance practices followed by the
Company, together with a Certificate from the Company's Auditors
confirming compliance forms an integral part of this Report.
Further, as per Clause 49 of the Listing Agreement entered with the
BSE, CEO/CFO Certification confirming the correctness of the financial
statements, adequacy of the internal control measures and reporting of
matters to the Audit Committee forms an integral part of this Report.
16. MANAGEMENT'S DISCUSSION AND ANALYSIS REPORT
As per Clause 49 of the Listing Agreement entered with the BSE, a
separate Report on Management's Discussion and Analysis forms an
integral part of this Report.
17. PARTICULARS OF EMPLOYEES
The information required pursuant to section 197 read with Rule 5 of
the Companies (Appointment and Remuneration of Managerial Personnel)
Rules, 2014 in respect of employees of the Company are not applicable
to the Company, as the Company has not employed any employees whose
salary exceeds the prescribed limits.
18. SEXUAL HARASSMENT
During the year under review, there were no cases filed pursuant to the
Sexual Harassment of Women at Workplace (Prevention, Prohibition and
Redressal) Act, 2013. The Company has complied with the requirement of
formation of a suitable committee as required under the said act.
19. PARTICULARS REQUIRED UNDER THE LISTING AGREEMENT LISTING
The Equity Shares of the Company are at present listed with the
following Stock Exchanges:-
The Ahmedabad Stock : Manek Chowk, Ahmedabad - 380 001
Exchange
Jaipur Stock Exchange Ltd : Malviya Nagar, Jaipur - 302 017
The Mumbai Stock Exchange : Phiroze Jeejeebhoy Towers, Dalal St.,
Mumbai
20. PAYMENT OF LISTING FEES
The Company has paid listing fee to the Mumbai Stock Exchange and has
not paid listing fee to the Jaipur and Ahmedabad Stock Exchanges.
21. INFORMATION ON ENERGY CONSERVATION AND FOREIGN EXCHANGE
There was no foreign exchange earnings or outgo, during the year under
review. Hence, the information as required under Section 134(3)(m) of
the Companies Act, 2013 read with the Companies (Accounts) Rules, 2014
is to be regarded as Nil.
The Company has not entered into any technology transfer agreement
22. ACKNOWLEDGEMENT
Your Directors wish to place on record their appreciation and
acknowledgement with gratitude's for the support and assistance to the
Company's Bankers, Shareholders and Customers Your Directors place on
record their deep sense of appreciation for the devoted services of the
executives and staff at all levels of the Company, to the growth &
success of the Company.
BY ORDER OF THE BOARD
For ALKA DIAMOND INDUSTRIES LIMITED PLACE: - MUMBAI.
DATE : - 03.09.2015
GOPAL M. VERMA
CHAIRMAN & MANAGING DIRECTOR
DIN: 01687709
Mar 31, 2014
The Shareholders,
The Directors have pleasure in presenting their 25th ANNUAL REPORT
along with the audited annual accounts for the year ended on 31st
MARCH, 2014, AND REPORT THAT: -
FINANCIAL RESULTS
A summary of your Company''s Financial Performance is given below: -
(Figures in Lakhs)
PARTICULARS 2013-2014 2012-2013
Sales & Other Income (31,52,709) 19,43,95,775
Profit / (Loss) Before Tax (PBT) (40,86,964) 26,53,420
Provision for Income Tax Nil 8,25,000
Less :-Prior year tax adjustments (5,34,630) (67,442)
Deferred Tax (401) (646)
Profit / (Loss) After Tax (PAT) (46,21,193) 18,96,508
Add :- Balance b/f from the previous year 28,75,103 9,78,595
Balance available for Appropriation (17,46,089) 28,75,103
Less :- Transferred to General Reserve Nil NIL
Proposed Dividend Nil NIL
Balance Carried to Balance Sheet (17,46,089) 28,75,103
DIVIDEND
Due to non-availability of sufficient funds, your directors express
their inability to recommend any dividend for the year under review.
AUDITORS
M/s. K. K. Jhunjhunwala & Co., Chartered Accountants, Firm Reg. No.
111852W Auditors of the Company, retire at the conclusion of the
ensuing Annual General Meeting and being eligible offer themselves for
re-appointment. The Company has received a Certificate from the
Auditors that they are qualified under Section 224(1B) of the Companies
Act, 1956, if re-appointed, to act as the Auditors of the Company.
Members are requested to consider their re-appointment at a
remuneration to be decided by the Board of Directors.
AUDITOR''S REPORT
Observations made in the Auditor''s Report are self explanatory and
therefore do not call for any further comments under section 217(3) of
the Companies Act, 1956.
Regarding revaluation of export receivables at the exchange rate
prevailing during the year, the company felt that it would be
inappropriate to even notionally accord lower value to the receivables
and have decided that the effect of prevailing exchange rate should be
given as and when realizations / transactions are completed.
BOARD OF DIRECTORS
As per the Provisions of the Companies Act, 1956 and in terms of the
Articles of Association of the Company Shri Nilesh Parma Directors of
the Company retires by rotation and being eligible, offers himself for
re-appointment.
CORPORATE GOVERNANCE
Your Company has always followed the philosophy of conducting its
business with due compliance of laws, rules, regulations and sound
internal control systems and procedures.
As per the current Stock Exchange stipulations, the guidelines for
Corporate Governance have become applicable to your Company from the
Financial Year 2002-03. A report thereon is separately annexed to this
Annual Report.
As required under Section 217(2AA) which was introduced by the
Companies
(Amendment) Act, 2000 your Director''s confirm that:
i) In the preparation of the annual accounts, the applicable accounting
standards have been followed.
ii) The Directors had selected such accounting policies and applied
them consistently and made judgments and estimates that are reasonable
and prudent so as to give a true and fair view of the state of affairs
of the Company as on 31st March, 2014 and of the profit of the Company
for the year ended 31st March, 2014.
iii) 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 safe guarding the assets of
the Company and for preventing and detecting fraud and other
irregularities.
iv) The Directors have prepared the annual accounts on a going concern
basis.
FIXED DEPOSITS
Your Company has not accepted any fixed deposits within the meaning of
section 58A
from the public under the Companies Act, 1956, and the rules made there
under.
PARTICULARS OF EMPLOYEES
The information required u/s. 217(2A) of the Companies Act, 1956, with
the Companies
(Particulars of Employees) Rules, 1975 are not applicable to the
Company, as the
Company has not employed any employees whose salary exceeds the
prescribed limits.
PARTICULARS REQUIRED UNDER THE LISTING AGREEMENT LISTING
The Equity Shares of the Company are at present listed with the
following Stock Exchanges:-
The Ahmedabad Stock Exchange : Manek Chowk, Ahmedabad - 380 001
Jaipur Stock Exchange Ltd : Malviya Nagar, Jaipur - 302 017
The Mumbai Stock Exchange : Phiroze Jeejeebhoy Towers,
Dalal St.Mumbai
PAYMENT OF LISTING FEES
The Company is regular in paying listing fee to the Mumbai Stock
Exchange, which is Regional Stock Exchange and has not paid listing fee
to the Ahmedabad and Jaipur Stock Exchanges.
PARTICULARS REGARDING CONSERVATION OF ENERGY, TECHNOLOGY ABSORPTION AND
FOREIGN EXCHANGE EARNING AND OUTGO
The information pursuant to section 217(l)(a) of the Companies Act,
1956, read with the Companies (Disclosure of particulars in the Report
of Board of Directors) Rules, 1988 are given as below :-
1. During the whole of the financial year the manufacturing activities
were suspended hence there was no energy consumption. However, the
Company is getting the manufacturing done from outside party on job
work basis as and when it is required to do so.
2. No technology has been availed during the year.
3. The total exports for the year 2013-2014 amounting to Rs.Nil
Total Foreign Exchange Earned : - US$ Nil
Total Foreign Exchange outgo were : - US$ Nil
ACKNOWLEDGEMENT
Your Directors wish to place on record their appreciation and
acknowledgement with gratitude''s for the support and assistance to the
Company''s Bankers, Shareholders and Customers. Your Directors place on
record their deep sense of appreciation for the devoted services of the
executives and staff at all levels of the Company.
BY ORDER OF THE BOARD
For Alka DIAMOND INDUSTRIES LTD PLACE: - MUMBAI.
DATE : - 03-09-2014
Sd/-
CHAIRMAN & MANAGING DIRECTOR
Mar 31, 2013
To The Shareholders,
The Directors have pleasure in presenting their 24th ANNUAL REPORT
along with the audited annual accounts for the year ended on 31st
MARCH, 2013, AND REPORT THAT: -
FINANCIAL RESULTS
A summary of your Company''s Financial Performance is given below: -
(Figures in Lakhs)
PARTICULARS 2012-2013 2011-2012
Sales & Other Income 19,43,95,775 2,77,18,353
Profit Before Tax (PBT) 26,53,420 21,90,596
Provision for Income Tax 8,25,000 6,80,000
Less :- Prior year tax
adjustments (67,442) 99,100
Deferred Tax (646) (1,018)
Profit After Tax (PAT) 18,96,508 14,12,514
Add :- Balance b/f from
the previous year 9,78,595 (4,33,919)
Balance available for
Appropriation 28,75,103 9,78,595
Less :- Transferred
to General Reserve NIL NIL
Proposed Dividend NIL NIL
Balance Carried to Balance Sheet 28,75,103 9,78,595
DIVIDEND
Due to non-availability of sufficient funds, your directors express
their inability to recommend any dividend for the year under review.
AUDITORS
M/s. K. K. Jhunjhunwala & Co., Chartered Accountants, Firm Reg. No.
111852W Auditors of the Company, retire at the conclusion of the
ensuing Annual General Meeting and being eligible offer themselves for
re-appointment. The Company has received a Certificate from the
Auditors that they are qualified under Section 224(1B) of the
Companies Act, 1956, if re-appointed, to act as the Auditors of the
Company. Members are requested to consider their re-appointment at a
remuneration to be decided by the Board of Directors.
AUDITOR''S REPORT
Observations made in the Auditor''s Report are self explanatory and
therefore do not call for any further comments under section 217(3) of
the Companies Act, 1956.
Regarding revaluation of export receivables at the exchange rate
prevailing during the year, the company felt that it would be
inappropriate to even notionally accord lower value to the receivables
and have decided that the effect of prevailing exchange rate should be
given as and when realizations / transactions are completed.
BOARD OF DIRECTORS
As per the Provisions of the Companies Act, 1956 and in terms of the
Articles of Association of the Company Shri Pankaj Kumar Jain,
Directors of the Company retires by rotation and being eligible, offers
himself for re-appointment.
CORPORATE GOVERNANCE
Your Company has always followed the philosophy of conducting its
business with due compliance of laws, rules, regulations and sound
internal control systems and procedures.
As per the current Stock Exchange stipulations, the guidelines for
Corporate Governance have become applicable to your Company from the
Financial Year 2002-03. A report thereon is separately annexed to this
Annual Report.
DIRECTOR''S RESPONSIBILITY STATEMENT
As required under Section 217(2AA) which was introduced by the
Companies (Amendment) Act, 2000 your Director''s confirm that:
i) In the preparation of the annual accounts, the applicable accounting
standards have been followed.
ii) The Directors had selected such accounting policies and applied
them consistently and made judgments and estimates that are reasonable
and prudent so as to give a true and fair view of the state of affairs
of the Company as on 31st March, 2013 and of the profit of the Company
for the year ended 31st March, 2013.
iii) 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 safe guarding the assets of
the Company and for preventing and detecting fraud and other
irregularities.
iv) The Directors have prepared the annual accounts on a going concern
basis.
FIXED DEPOSITS
Your Company has not accepted any fixed deposits within the meaning of
section 58A from the public under the Companies Act, 1956, and the
rules made there under.
PARTICULARS OF EMPLOYEES
The information required u/s. 217(2A) of the Companies Act, 1956, with
the Companies (Particulars of Employees) Rules, 1975 are not applicable
to the Company, as the Company has not employed any employees whose
salary exceeds the prescribed limits.
PARTICULARS REQUIRED UNDER THE LISTING AGREEMENT
LISTING
The Equity Shares of the Company are at present listed with the
following Stock Exchanges:-
The Ahmedabad Stock Exchange : Manek Chowk, Ahmedabad - 380 001
Jaipur Stock Exchange Ltd : Malviya Nagar, Jaipur - 302 017
The Mumbai Stock Exchange : Phiroze Jeejeebhoy Towers, Dalal St.,
Mumbai
PAYMENT OF LISTING FEES
The Company is regular in paying listing fee to the Mumbai Stock
Exchange, which is Regional Stock Exchange and has not paid listing fee
to the Ahmedabad and Jaipur Stock Exchanges.
1. During the whole of the financial year the manufacturing activities
were suspended hence there was no energy consumption. However, the
Company is getting the manufacturing done from outside party on job
work basis as and when it is required to do so.
2. No technology has been availed during the year.
ACKNOWLEDGEMENT
Your Directors wish to place on record their appreciation and
acknowledgement with gratitude''s for the support and assistance to the
Company''s Bankers, Shareholders and Customers. Your Directors place on
record their deep sense of appreciation for the devoted services of the
executives and staff at all levels of the Company.
BY ORDER OF THE BOARD
For Alka DIAMOND INDUSTRIES LTD
PLACE: - MUMBAI.
DATE : - 03-09-2013
Sd/-
CHAIRMAN & MANAGING
DIRECTOR
Mar 31, 2009
The Directors have pleasure in presenting their 20Ã ANNUAL REPORT
along with the audited annual accounts for the year ended on 31st
MARCH, 2009, AND REPORT THAT: -
FINANCIAL RESULTS
A summary of your Companys Financial Performance is given below: -
(Figures in Lakhs)
PARTICULARS 2008-2009 2007-2008
Sales & Other Income 210,64,708 72,81,673
Profit Before Tax (PBT) 10,94,909 (9,73,419)
Profit After Tax (PAT) 7,76,046 (11,07,386)
Less :-Prior year tax adjustments 8,633 17,690
Add :- Balance b/f from the previous year (12,11,330) (86,254)
Balance available for Appropriation (4,43,917) (12,11,330)
Less :- Transferred to General Reserve NIL NIL
Proposed Dividend NIL NIL
Balance Carried to Balance Sheet (4,43,917) (12,11,330)
DIVIDEND
Due to non-availability of sufficient funds, your directors express
their inability to recommend any dividend for the year under review.
AUDITORS
M/s. K. K. Jhunjhunwala & Co., Chartered Accountants, Auditors of the
Company, retire at the conclusion of the ensuing Annual General Meeting
and being eligible offer themselves for re-appointment. The Company has
received a Certificate from the Auditors that they are qualified under
Section 224(1B) of the Companies Act, 1956, if re-appointed, to act as
the Auditors of the Company. Members are requested to consider their
re-appointment at a remuneration to be decided by the Board of
Directors.
AUDITORS REPORT
Observations made in the Auditors Report are self explanatory and
therefore do not call for any further comments under section 217(3) of
the Companies Act, 1956. Regarding revaluation of export receivables
at the exchange rate prevailing during the year, the company felt that
it would be inappropriate to even notionally accord lower value to the
receivables and have decided that the effect of prevailing exchange
rate should be given as and when realizations / transactions are
completed.
BOARD OF DIRECTORS
As per the Provisions of the Companies Act, 1956 and in terms of the
Articles of Association of the Company Gopal M. Javda, Directors of the
Company retires by rotation and being eligible, offers himself for
re-appointment.
Shri Mukesh Kumar Gadhiya and Shri Sharad Jadhav was appointed as an
additional Director W.E.F. 24.10.2008. Shri P. N. Mathur and Smt.
Kalpana Mathur resigned from the board W. E. F. 24.10.2008. We
acknowledge the contribution made by Smt. KaJpana Mathur and Shri P. N.
Mathur.
CORPORATE GOVERNANCE
Your Company has always followed the philosophy of conducting its
business with due compliance of laws, rules, regulations and sound
internal control systems and procedures.
As per the current Stock Exchange stipulations, the guidelines for
Corporate Governance have become applicable to your Company from the
Financial Year 2002-03. A report thereon is separately annexed to this
Annual Report.
DIRECTORS RESPONSIBILITY STATEMENT
As required under Section 217(2AA) which was introduced by the
Companies (Amendment) Act, 2000 your Directors confirm that:
i) In the preparation of the annual accounts, the applicable accounting
standards have been followed.
ii) The Directors had selected such accounting policies and applied
them consistently and made judgments and estimates that are reasonable
and prudent so as to give a true and fair view of the state of affairs
of the Company as on 31st March, 2009 and of the profit of the Company
for the year ended 31st March, 2009.
iii) 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 safe guarding the assets of
the Company and for preventing and detecting fraud and other
irregularities.
iv) The Directors have prepared the annual accounts on a going concern
basis.
FIXED DEPOSITS
Your Company has not accepted any fixed deposits within the meaning of
section 58A from the public under the Companies Act, 1956, and the
rules made there under.
PARTICULARS OF EMPLOYEES
The information required u/s. 217(2A) of the Companies Act, 1956, with
the Companies (Particulars of Employees) Rules, 1975 are not applicable
to the Company, as the Company has not employed any employees whose
salary exceeds the prescribed limits.
PARTICULARS REQUIRED UNDER THE LISTING AGREEMENT
LISTING
The Equity Shares of the Company are at present listed with the
following Stock Exchanges: -
The Ahmedabad Stock Exchange : Manek Chowk, Ahmedabad - 380 001
Jaipur Stock Exchange Ltd : Malviya Nagar, Jaipur - 302 017
The Mumbai Stock Exchange : Phiroze Jeejeebhoy Towers, Dalai St.,
Mumbai
PAYMENT OF LISTING FEES
The Company is regular in paying listing fee to the Mumbai Stock
Exchange, which is Regional Stock Exchange and has not paid listing fee
to the Ahmedabad and Jaipur Stock Exchanges.
PARTICULARS REGARDING CONSERVATION OF ENERGY, TECHNOLOGY ABSORPTION AND
FOREIGN EXCHANGE EARNING AND OUTGO
The information pursuant to section 217(l)(a) of the Companies Act,
1956, read with the Companies (Disclosure of particulars in the Report
of Board of Directors) Rules, 1988 are given as below :-
1. During the whole of the financial year the manufacturing activities
were suspended hence there was no energy consumption. However, the
Company is getting the manufacturing done from outside party on job
work basis as and when it is required to do so.
2. No technology has been availed during the year.
3. The total exports for the year 2008-2009 amounting to Rs.Nil
Total Foreign Exchange Earned : - US$ NIl
Total Foreign Exchange outgo were : - US$ NIL
ACKNOWLEDGEMENT
Your Directors wish to place on record their appreciation and
acknowledgement with gratitudes for the support and assistance to the
Companys Bankers, Shareholders and Customers. Your Directors place on
record their deep sense of appreciation for the devoted services of the
executives and staff at all levels of the Company.
BY ORDER OF THE BOARD
For Alka DIAMOND INDUSTRIES LTD PLACE: - MUMBAI.
Mukesh Kumar DATE : - 29-06-2009
CHAIRMAN & MANAGING DIRECTOR