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Directors Report of Kohinoor Techno Engineers Ltd.

Mar 31, 2014

Dear Members,

The Directors'' present the 21st Annual report on the business and operations of your Company for the year 2013-14.

* FINANCIAL RESULTS AND OPERATIONAL REVIEW:

During the year under review the total income from operations was Rs.11,92,64,232 as compared to Rs. 11,33,32,324 of that of the previous Year. The Company has provided Rs. 27,242 for depreciation. The Company has planned future operations for which it has set up an R & D Department which has been the focus and strength of the company. This effort has helped the industry by many innovative products and technologies. The consulting staff of the Company has been involved in the design, erection, start-up, and management of all phases of manufacturing operations. This practical experience is accompanied by access to meaningful information that represents the real performance and capability of these operations. Examples of these important databases include production cost, labor content, process specification, quality, and process control information gathered from diamond units.

The Company''s Operations fall under two segments namely "Making of Machineries relating to Diamonds Business and related service" and "Trading in Diamonds".

* DIRECTORS:

Mr. Rajiv Bhatt Director of the Company are liable to retire by rotation at the ensuing Annual General Meeting and being eligible, offer themselves for re-appointment.

* RESPONSIBILITY STATEMENT:

As required u/s 217(2AA) of the Companies Act, 1956 your Director confirms that in the preparation of the annual accounts:

The applicable accounting standards have been followed along with proper explanation relating to material departures.

Such accounting policies have been selected and applied consistently and reasonable and prudent judgments and estimates made, so as to give a true and fair view of the state of affairs of the company at the end of the financial Year and the profit/loss of the company for that period.

Proper and sufficient care has been taken for the maintenance of the adequate accounting records in accordance with provisions of this act for safeguarding the assets of the company and for preventing and detecting fraud and other irregularities.

The annual accounts have been prepared on a going concern basis.

* CONSERVATION OF ENERGY, TECHNOLOGY ABSORPTION AND FOREIGN EXCHANGE:

A. Conservation of Energy:

Information in accordance with the provisions of Section 217(1)(e) of the Companies Act, 1956 read with Companies (Disclosures of Particulars in the Report of Board of Directors) Rules, 1988 regarding conservation of energy and technology absorption is applicable to company.

B. Research and Development:

R & D forms the basis of Kohinoor''s efforts in making processes simpler, smoother and faster for the diamond industry. R & D is a highly structured activity at Kohinoor and stringent quality control measures have lead to technologically superior products. There is a total concentration on up gradation of technology and standardization of components. Our engineering & manufacturing personnel have a broad range of experience in designing & producing quality machinery & inspection equipment.

C. Foreign Exchange Earnings and Outgo:

Foreign Exchange Earning is NIL Total Foreign Exchange Outgo is Rs. 10,25,361/-

* APPOINTMENT OF AUDITORS:

M/S. Bharat & Company., Chartered Accountants, Surat, Auditors of the Company, hold office until the conclusion of the ensuing Annual General Meeting. The Company has received letters from them to the effect that their appointment, if made, would be within the prescribed limits under Section 224(1-B) of the Companies Act, 1956.

* PUBLIC DEPOSITS

During the year under review the Company has not accepted any deposits to which the provisions of section 58A of the Companies Act, 1956 read with Acceptance of Deposits Rules, 1975 as amended are applicable.

* PARTICULARS OF EMPLOYEES:

There is no employee having remuneration with the provisions of section 217(2A) of the companies Act 1956 read with the Companies (Particulars of employee) Rules, 1975 as amended.

* MANAGEMENT DISCUSSION AND ANALYSIS:

Management discussion and analysis Report, pursuant to Clause 49 of the Stock Exchange Listing agreement, forms part of this Report and the same is annexed hereto.

* REPORT ON CORPORATE GOVERNANCE:

A separate Report on Corporate Governance along with Certificate from Auditors on its compliance as annexed hereto.

* SEGMENT:

The Company''s Operations fall under two segments namely "Making of Machineries relating to Diamond Business and related service" and "Trading in Diamonds".

* ACKNOWLEDGEMENT:

The management is grateful to the government authorities, Bankers, Vendors for their continued assistance and co-operation. The directors also wish to place on record the confidence of members in the company.

For & on behalf of the Board of Director of the Company

Date: 30/05/2014 Place: Surat

Sd/- Sd/- Sd/- Kiritbhai Bhatt Rajiv Bhatt Sanjivbhai Bhatt Managing Director Director Director (DIN: 01632285) (DIN: 01632211) (DIN: 01689640)


Mar 31, 2013

To, The Members of KOHINOOR TECHNO ENGINEERS LIMITED

The Directors'' present the 21st Annual report on the business and operations of your Company for the year 2012-13.

- FINANCIAL RESULTS AND OPERATIONAL REVIEW:

During the year under review the total income from operations was Rs.11,33,32,324 as compared to Rs. 9,17,21,239 of that of the previous Year. The Company has provided Rs. 26,578 for depreciation. The Company has planned future operations for which it has set up an R & D Department which has been the focus and strength of the company. This effort has helped the industry by many innovative products and technologies. The consulting staff of the Company has been involved in the design, erection, start-up, and management of all phases of manufacturing operations. This practical experience is accompanied by access to meaningful information that represents the real performance and capability of these operations. Examples of these important databases include production cost, labor content, process specification, quality, and process control information gathered from diamond units.

The Company''s Operations fall under two segments namely "Making of Machineries relating to Diamonds Business and related service" and "Trading in Diamonds".

- DIRECTORS:

Mr. Sanjivkumar Kiritbhai Bhatt and Mr. Bhavin Prakash Shastri Directors of the Company are liable to retire by rotation at the ensuing Annual General Meeting and being eligible, offer themselves for re- appointment.

- RESPONSIBILITY STATEMENT:

As required u/s 217(2AA) of the Companies Act, 1956 your Director confirms that in the preparation of the annual accounts:

The applicable accounting standards have been followed along with proper explanation relating to material departures.

Such accounting policies have been selected and applied consistently and reasonable and prudent judgments and estimates made, so as to give a true and fair view of the state of affairs of the company at the end of the financial Year and the profit/loss of the company for that period.

Proper and sufficient care has been taken for the maintenance of the adequate accounting records in accordance with provisions of this act for safeguarding the assets of the company and for preventing and detecting fraud and other irregularities.

The annual accounts have been prepared on a going concern basis.

- CONSERVATION OF ENERGY, TECHNOLOGY ABSORPTION AND FOREIGN EXCHANGE:

A. Conservation of Energy:

Information in accordance with the provisions of Section 217(1)(e) of the Companies Act, 1956 read with Companies (Disclosures of Particulars in the Report of Board of Directors) Rules, 1988 regarding conservation of energy and technology absorption is applicable to company.

B. Research and Development:

R & D forms the basis of Kohinoor''s efforts in making processes simpler, smoother and faster for the diamond industry. R & D is a highly structured activity at Kohinoor and stringent quality control measures have lead to technologically superior products. There is a total concentration on up gradation of technology and standardization of components. Our engineering & manufacturing personnel have a broad range of experience in designing & producing quality machinery & inspection equipment.

- APPOINTMENT OF AUDITORS:

M/S. Bharat & Company., Chartered Accountants, Surat, Auditors of the Company, hold office until the conclusion of the ensuing Annual General Meeting. The Company has received letters from them to the effect that their appointment, if made, would be within the prescribed limits under Section 224(1-B) of the Companies Act, 1956.

- PUBLIC DEPOSITS

During the year under review the Company has not accepted any deposits to which the provisions of section 58A of the Companies Act, 1956 read with Acceptance of Deposits Rules, 1975 as amended are applicable.

- PARTICULARS OF EMPLOYEES:

There is no employee having remuneration with the provisions of section 217(2A) of the companies Act 1956 read with the Companies (Particulars of employee) Rules, 1975 as amended.

- MANAGEMENT DISCUSSION AND ANALYSIS:

Management discussion and analysis Report, pursuant to Clause 49 of the Stock Exchange Listing agreement, forms part of this Report and the same is annexed hereto.

- REPORT ON CORPORATE GOVERNANCE:

A separate Report on Corporate Governance along with Certificate from Auditors on its compliance as annexed hereto.

- SEGMENT:

The Company''s Operations fall under two segments namely "Making of Machineries relating to Diamond Business and related service" and "Trading in Diamonds".

- ACKNOWLEDGEMENT:

The management is grateful to the government authorities, Bankers, Vendors for their continued assistance and co-operation. The directors also wish to place on record the confidence of members in the company.

For & on behalf of the Board of Director of the Company

Date: 31/05/2013

Place: Surat

Sd/- Sd/- Sd/-

(Kiritbhai Bhatt) (Rajiv Bhatt) (Sanjivbhai Bhatt) Managing Director Director Director


Mar 31, 2011

The Members, Kohinoor Techno Engineers Limited

The Directors' present the Nineteenth Annual report on the business and operations of your Company for the year 2010-2011.

FINANCIAL RESULTS AND OPERATIONAL REVIEW:

During the year under review the total income from operations was Rs. 8,30,93,434 as compared to Rs.. 6,51,65,696 of that of the previous Year. The Company has provided Rs. 25,090 for depreciation. The Company has planned future operations for which it has set up an R & D Department which has been the focus and strength of the company. This effort has helped the industry by many innovative products and technologies. The consulting staff of the Company has been involved in the design, erection, start-up, and management of all phases of manufacturing operations. This practical experience is accompanied by access to meaningful information that represents the real performance and capability of these operations. Examples of these important databases include production cost, labor content, process specification, quality, and process control information gathered from diamond units.

The Company's Operations fall under two segments namely "Making of Machineries relating to Diamonds Business and related service" and "Trading in Diamonds".

DIRECTORS:

During the Year Mr. Rabindra Maheshwar Mishra was resigned from the Directorship w.e.f. 12/05/2011 and Mrs. Dharniben Sanjivbhai Bhatt has been appointed as Additional Director of the Company w.e.f. 12/05/2011 also Mrs. Dharniben Sanjivbhai Bhatt and recommend his appointment as Regular Director of the Company under section 255 of the Companies Act, 1956m in this Annual General Meeting of the Company, the Board took note of the same.

Mr. Sanjivkumar Kiritbhai Bhatt and Mr. Bhavin Prakash Shastri Directors of the Company are liable to retire by rotation at the ensuing Annual General Meeting and being eligible, offer themselves for re-appointment.

RESPONSIBILITY STATEMENT:

As required u/s 217(2AA) of the Companies Act, 1956 your Director confirms that in the preparation of the annual accounts:

The applicable accounting standards have been followed along with proper explanation relating to material departures. Such accounting policies have been selected and applied consistently and reasonable and prudent judgments and estimates made, so as to give a true and fair view of the state of affairs of the company at the end of the financial Year and the profit/loss of the company for that period.

Proper and sufficient care has been taken for the maintenance of the adequate accounting records in accordance with provisions of this act for safeguarding the assets of the company and for preventing and detecting fraud and other irregularities.

The annual accounts have been prepared on a going concern basis.

CONSERVATION OF ENERGY, TECHNOLOGY ABSORPTION AND FOREIGN EXCHANGE:

A. Conservation of Energy:

Information in accordance with the provisions of Section 217(1)(e) of the Companies Act, 1956 read with Companies (Disclosures of Particulars in the Report of Board of Directors) Rules, 1988 regarding conservation of energy and technology absorption is not applicable to company.

B. Research and Development:

R & D forms the basis of Kohinoor's efforts in making processes simpler, smoother and faster for the diamond industry. R & D is a highly structured activity at Kohinoor and stringent quality control measures have lead to technologically superior products. There is a total concentration on up gradation of technology and standardization of components. Our engineering & manufacturing personnel have a broad range of experience in designing & producing quality machinery & inspection equipment.

C. Foreign Exchange Earnings and Outgo:

Foreign Exchange Earning is NIL Foreign Exchange Outgo IS NIL

APPOINTMENT OF AUDITORS:

M/S. Bharat & Company., Chartered Accountants, Surat, Auditors of the Company, hold office until the conclusion of the ensuing Annual General Meeting. The Company has received letters from them to the effect that their appointment, if made, would be within the prescribed limits under Section 224(1-B) of the Companies Act, 1956.

PUBLIC DEPOSITS

During the year under review the Company has not accepted any deposits to which the provisions of section 58A of the Companies Act, 1956 read with Acceptance of Deposits Rules, 1975 as amended are applicable.

PARTICULARS OF EMPLOYEES:

There is no employee having remuneration with the provisions of section 217(2A) of the companies Act 1956 read with the Companies (Particulars of employee) Rules, 1975 as amended.

MANAGEMENT DISCUSSION AND ANALYSIS:

Management discussion and analysis Report, pursuant to Clause 49 of the Stock Exchange Listing agreement, forms part of this Report and the same is annexed hereto.

REPORT ON CORPORATE GOVERNANCE:

A separate Report on Corporate Governance along with Certificate from Auditors on its compliance as annexed hereto.

SEGMENT:

The Company's Operations fall under two segments namely "Making of Machineries relating to Diomand Business and related service" and "Trading in Diamonds".

ACKNOWLEDGEMENT:

The management is grateful to the government authorities, Bankers, Vendors for their continued assistance and co-operation. The directors also wish to place on record the confidence of members in the company.

For & on behalf of the Board of Director

Director Director

Date : 27 July 2011 Place: Surat


Mar 31, 2010

The Directors present the Nineteenth Annual report on the business and operations of your Company for the year 2009-2010.

FINANCIAL RESULTS AND OPERATIONAL REVIEW:

During the year under review the total income from operations was Rs. 6,51,65,696 as compared to Rs. 2,15,700 of that of the previous Year. The Company has provided Rs. 9,106 for depreciation. The Company has planned future operations for which it has set up an R & D Department which has been the focus and strength of the company. This effort has helped the industry by many innovative products and technologies. The consulting staff of the Company has been involved in the design, erection, start-up, and management of all phases of manufacturing operations. This practical experience is accompanied by access to meaningful information that represents the real performance and capability of these operations. Examples of these important databases include production cost, labor content, process specification, quality, and process control information gathered from diamond units.

The Companys Operations fall under two segments namely "Making of Machineries relating to Diomand Business and related service" and "Trading in Diamonds".

DIRECTORS:

During the Year Mr. Chandrakant A. Sheth was resigned from the Directorship w.e.f. 23/06/2009 and the Board took note of the same.

Mr. Mishra Rabindra Maheshwar and Mr. Rajiv Bhatt Directors of the Company are liable to retire by rotation at the ensuing Annual General Meeting and being eligible, offer themselves for re- appointment.

RESPONSIBILITY STATEMENT:

As required u/s 217(2AA) of the Companies Act, 1956 your Director confirms that in the preparation of the annual accounts:

The applicable accounting standards have been followed along with proper explanation relating to material departures.

Such accounting policies have been selected and applied consistently and reasonable and prudent judgments and estimates made, so as to give a true and fair view of the state of affairs of the company at the end of the financial Year and the profit/loss of the company for that period.

Proper and sufficient care has been taken for the maintenance of the adequate accounting records in accordance with provisions of this act for safeguarding the assets of the company and for preventing and detecting fraud and other irregularities.

The annual accounts have been prepared on a going concern basis.

CONSERVATION OF ENERGY, TECHNOLOGY ABSORPTION AND FOREIGN EXCHANGE:

A. Coservation of Energy:

Information in accordance with the provisions of Section 217(1)(e) of the Companies Act, 1956 read with Companies (Disclosures of Particulars in the Report of Board of Directors) Rules, 1988 regarding conservation of energy and technology absorption is not applicable to company.

B. Research and Development:

R & D forms the basis of Kohinoors efforts in making processes simpler, smoother and faster for the diamond industry. R & D is a highly structured activity at Kohinoor and stringent quality control measures have lead to technologically superior products. There is a total concentration on up gradation of technology and standardization of components. Our engineering & manufacturing personnel have a broad range of experience in designing & producing quality machinery & inspection equipment.

C. Foreign Exchange Earnings and Outgo:

Foreign Exchange Earning is NIL Foreign Exchange Outgo IS NIL

APPOINTMENT OF AUDITORS:

M/S. Bharat & Co., Chartered Accountants, Surat, Auditors of the Company, hold office until the conclusion of the ensuing Annual General Meeting. The Company has received letters from them to the effect that their appointment, if made, would be within the prescribed limits under Section 224(1-B) of the Companies Act, 1956.

PUBLIC DEPOSITS

The Company has not accepted any deposits from the public during the year under review. Your Company is listed with the Bombay Stock Exchange.

PARTICULARS OF EMPLOYEES:

There is no employee having remuneration with the provisions of section 217(2A) of the companies Act 1956 read with the Companies (Particulars of employee) Rules, 1975 as amended.

MANAGEMENT DISCUSSION AND ANALYSIS:

Management discussion and analysis Report, pursuant to Clause 49 of the Stock Exchange Listing agreement, forms part of this Report and the same is annexed hereto.

REPORT ON CORPORATE GOVERNANCE:

A separate Report on Corporate Governance along with Certificate from Auditors on its compliance as annexed hereto.

SEGMENT:

The Companys Operations fall under two segments namely "Making of Machineries relating to Diomand Business and related service" and "Trading in Diamonds".

ACKNOWLEDGEMENT:

The management is grateful to the government authorities, Bankers, Vendors for their continued assistance and co-operation. The directors also wish to place on record the confidence of members in the company.

Place: Surat For & on behalf of the Board of Director

Date: 29/07/2010 Director Director

 
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