Mar 31, 2014
Dear Members,
The directors have pleasure in presenting the 21st Annual Report of
the company together with the audited statements of accounts for the
year ended 31st March, 2014
Financial results:
Particulars 31.03.2014 (in 31.03.2013 (in
lacs) lacs)
Sales & Other Income 923,897 931,164
Profit before interest & 713,897 811,164
depreciation
Less: Interest - -
Profit before depreciation 1,637,794 1,742,328
Less: Depreciation 3,678 4,770
Profit after depreciation 1,634,116 1,737,558
Provision for Income Tax - -
Profit after tax 279,011 565,838
Acceptance of deposits
The company has not accepted any deposits from public during the year
under review.
Disclosure of particulars with respect to conservation of energy etc:
Necessary information required by the Companies (Disclosure of
particulars in the report of the Board of Directors) Rules, 1988 for
conservation of energy, technology absorption and Foreign Exchange
earnings and outgo are NIL.
Directors'' responsibility Statement:
As required under Section 217(2AA) of the Companies Act, 1956, your
Directors hereby confirm that:
I. That in the preparation of annual accounts, the applicable
Accounting Standards have been followed;
II. That 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 price of the state
of affairs of the Company at the end of the financial year and of the
profit of the Company for that period;
III. That the directors had taken proper and sufficient care for the
maintenance of adequate accounting records in accordance with the
provisions of the Companies Act, 1956 safeguarding the assets of the
Company and for preventing and detecting fraud and other
irregularities;
IV. That the directors had prepared the annual accounts on a going
concern basis.
Auditors
M/s Vimal Agrawal & Associates, Chartered Accountants, Jaipur, retire
at the ensuing Annual General Meeting and being eligible, offer
themselves for reappointment.
Personnel:
The company has not employed any person who is in receipt of
remuneration of more than Rs. 60,00,000/- for the whole year or Rs
5,00,000/- per month in the case of employment for part of the year.
Directors
Mr. Ankur Jain and Alka Jain, directors of the company retire at the
ensuing Annual General Meeting and being eligible offer themselves for
reappointment.
Mr. R.P. Agarwal, Mr. Kailash Chand and Mr. Jitendra Bansal,
Independent Directors of the company were appointed as an Independent
Directors of the company for 5 consecutive years, not liable to retire
by rotation.
Report on Corporate Governance:
The report on Corporate Governance in accordance with Clause 49 of the
Listing Agreement with the stock exchanges is attached to this report
in annexure.
For an on behalf of the Board of Directors
(G.C. Jain) (Ankur Jain)
Mg. Director Director
Place: Jaipur
Date: 05th Sep, 2014
Registered Office:
66, Gangwal park,
M. D. Road,
Jaipur- 302004
Mar 31, 2013
31.03.2013 31.03.2013
Sales & other Income (Rs. In lacs) (Rs. In lacs)
Profit before interest &
depreciation (-) s 9.31 8.86
Less: Interest - 2.37
Profit before depreciation - -
Less: Depreciation (-) 5.61 2.37
Profit after depreciation 0.05 0.06
Provision for Income tax (-) 5.66 2.31
Profit after tax - 0-72
Acceptance of Deposits: (-) 5.66 1.59
The company has not accepted any deposits from public during ,he year
under review.
Disclosure of particulars with respect to conservation of Energy etc.:
Necessary information required by the companies (Disclosure of
particulars in the report of Bord of Directors) Rules 1988 for
conservation of energy absorption and
Directors* Responsibility Sta
The Board of Directors of your Company state:
1 That in the preparation of annual accounts the applicable accounting
standard had
II. that the directors had selected such accounting policies and
applied then, 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 die Company at the of the finance year of the profit of
the Company for that period;
III. the directors had token proper and sufficient care for the
maintenance of adequate accounting records m accordance with the
provisions of the Companies Act 1956
SAFEGUARDING RECORDS IN ACCORDANCE WITH and for Preventing and
detecting fraud and TV. that the directors had prepared the annual
accounts on a going concern basis.
Auditors
m/s Vimal Agrawal & Associates Chartered Accountants, Jaipur, retire at
the ensuing Annual General Meeting and being eligible, offer themselves
for reappointment.
Personnel:
The company has not employed any person who in receipt of remuneration
of more than Rs.60.00.000/- for the whole year or Rs.5.00.000/- per
month in the case of employment for the year.
Directors:
Sh. Kailash Chand and Shri R. P. Agrawal directors of the company
retire at the ensuing annual general meeting and being eligible, offer
themselves for reappointment.
Report on Corporate Governance:
The report on corporate governance in accordance with clause 49 of the
listing agreement with stock exchanges is attached to this report in
Annexure.
Place: Jaipur For and on behalf of the Board of Directors
Dated: 19th Aug., 2013
(G. C. Jain) (Ankur Jain)
Mg. Director Director
Mar 31, 2012
The directors have pleasure in presenting the Nineteenth Annual
Report of the company together with the Audited Statements of Accounts
for the year ended on 31 March,2012
Financial Results: 31.03.2012 31.03.2011
(Rs. In lacs) (Rs. In lacS)
Sales & other Income 8.86 9.02
Profit before interest &
depreciation 2.37 1.90
Less: Interest - -
Profit before depreciation 2.37 1.90
Less: Depreciation 0.06 0.08
Profit after depreciation 2.31 1.82
Provision for Income tax 0.72 0.57
Profit after tax 1.59 1.25
Acceptance of Deposits:
The company has not accepted any deposits from public during the year
under review.
Disclosure of Particulars with respect to Conservation of Energy etc:
Necessary information required by the Companies (Disclosure or
Particulars in the report of Board of Directors) Ru1es, 1988 for
conservation of energy, technology absorption and Foreign Exchange
earnings and outgo are NIL.
Director' Responsibility Statement
The Board of Directors of your Company state:
I. that in the preparation of annual accounts, the applicable
accounting standards had been followed:
II. that 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 at the end of the financial year and of the
profit of the Company for that period;
III. that the directors had taken proper and sufficient care for the
maintenance of adequate accounting records in accordance with the
provisions of the Companies Act, 1956 safeguarding the assets of the
Company and for preventing and detecting fraud and other
irregularities;
IV. that the directors had prepared the annual accounts on a going
concern basis.
Auditors
M/s Vimal Agrawal & Associates, Chartered Accountants, Jaipur, retire
at the ensuing Annual General Meeting and being eligible, offer
themselves for reappointment.
Personnel:
The Company has not employed any person who was in receipt of
remuneration of more Rs. 60,00,000/- for the whole year or
Rs. 5,00,000/- per month in the case of employment for part of the year.
Director:
Sha Gyan Chand Jain and Shri Ankur Jain directors of the company retire
at the ensuing annual general meeting and being eligible, offer
themselves for reappointment.
Report on Corporate Governance:
The report on corporate governance in accordance with clause 49 of the
listing agreement with stock exchanges is attached to this report in
Annexure.
By order of the Board of Directors
(G. C. Jain) (Ankur Jain)
Mg. Director Director
Place: Jaipur
Dated: 13th August, 2012
Mar 31, 2011
The directors have pleasure in presenting the Eighteenth Annual Report
of the Company together with the Audited Statements of Accounts for the
year ended on 31st March,2011
Financial Results: 31.03.2011 31.03.2010
(Rs. In lacs) (Rs. In lacs)
Sales & other Income 9.02 72.16
Profit before interest & depreciation 1.90 2.92
Less: Interest - -
Profit before depreciation 1.90 2.92
Less: Depreciation 0.08 0.12
Profit after depreciation 1.82 2.80
Provision for Income tax 0.57 0.87
Profit after tax 1.25 1.93
Acceptance of Deposits:
The company has not accepted any deposits from public during the year
under review.
Disclosure of Particulars with respect to Conservation of Energy etc.:
Necessary information required by the Companies (Disclosure of
Particulars in the report of Board of Directors) Rules, 1988 for
conservation of energy, technology absorption and Foreign Exchange
earnings and outgo are NIL. .
Directors' Responsibility Statement
The Board of Directors of your Company state:
I. that in the preparation of annual accounts, the applicable
accounting standards had been followed;
II. that 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 at the end of the financial year and of the
profit of the Company for that period;
III. that the directors had taken proper and sufficient care for the
maintenance of adequate accounting records in accordance with the
provisions of the Companies Act, 1956 safeguarding the assets of the
Company and for preventing and detecting fraud and other
irregularities;
IV. that the directors had prepared the annual accounts on a going
concern basis.
Auditors
M/s Vimal Agrawal & Associates, Chartered Accountants, Jaipur, retire
at the ensuing Annual General Meeting and being eligible, offer
themselves for reappointment.
Personnel:
The company has not employed any person who was in receipt of
remuneration of more than Rs.60,00,000/ for the whole year or
Rs.5,00,000/ per month in the case of employment for part of the year.
Directors:
Smt. Alka Jain and Shri Jitendra Bansai directors of the company retire
at the ensuing annual general meeting and being eligible, offer
themselves for reappointment.
Report on Corporate Governance:
The report on corporate governance in accordance with clause 49 of the
listing agreement with stock exchanges is attached to this report in
Annexure.
Place: Jaipur For and on behalf of the Board of Directors
Dated: 2nd Sept., 2011
(G. C. Jain) (Ankur Jain)
Mg. Director Director
Mar 31, 2010
The directors have pleasure in presenting the Seventeenth Annual
Report of the Company together with the Audited Statements of Accounts
for the year ended on 31st March,2010
Financial Results: 31.03.2010 31.03.2009
(Rs. In lacs) (Rs. In lacs)
Sales & other Income 72.16 9.00
Profit before interest & depreciation 2.92 (-) 11.60
Less: Interest - -
Profit before depreciation 2.92 (-) 11.60
Less: Depreciation 0.12 0.11
Profit after depreciation 2.80 (-) 11.71
Provision for Income tax 0.87 0.87
Profit after tax 1.93 (-) 12.58
Acceptance of Deposits:
The company has not accepted any deposits from public during the year
under review.
Disclosure of Particulars with respect to Conservation of Energy etc.:
Necessary information required by the Companies (Disclosure of
Particulars in the report of Board of Directors) Rules, 1988 for
conservation of energy, technology absorption and Foreign Exchange
earnings and outgo are NIL.
Directors' Responsibility Statement
The Board of Directors of your Company state:
I. that in the preparation of annual accounts, the applicable
accounting standards had been followed;
II. that the directors had selected such accounting policies and
applied them consistently and made judgements and estimates that are
reasonable and prudent 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 of the
profit of the Company for that period;
III. that the directors had taken proper and sufficient care for the
maintenance of adequate accounting records in accordance with the
provisions of the Companies Act, 1956 safeguarding the assets of the
Company and for preventing and detecting fraud and other
irregularities;
IV. that the directors had prepared the annual accounts on a going
concern basis.
Auditors
M/s Vimal Agrawal & Associates, Chartered Accountants, Jaipur, retire
at the ensuing Annual General Meeting and being eligible, offer
themselves for reappointment.
Personnel:
The company has not employed any person who was in receipt of
remuneration of more than Rs.24,00,000/ for the whole year or
Rs.2,00,000/ per month in the case of employment for part of the year.
Directors:
Sh. Ankur Jain, Shri R. P. Agrawal and Shri Kailash Chand directors of
the company retire at the ensuing annual general meeting and being
eligible, offer themselves for reappointment. Three independent
directors S/ Shri R. P. Agarwal, Kailash Chand and Jitendra Bansal have
been appointed on 20.07.2009.
Report on Corporate Governance:
The report on corporate governance in accordance with clause 49 of the
listing agreement with stock exchanges is attached to this report in
Annexure.
Place: Jaipur For and on behalf of the Board of Directors
Dated: 2nd Sept., 2010 (G. C. Jain) (Ankur Jain)
Mg. Director Director
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