Mar 31, 2014
The Members,
Shricon Industries Limited
Kota
The Directors have pleasure in presenting the Annual Report of the
Company for financial year ended March 31, 2014 with the Audited
Statement of Accounts and the Auditors'' Report of your Company for the
financial year ended 31st March 2014.
FINANCIAL RESULTS:
The detailed financial statement of the Company is attached with this
report.
DIVIDEND
Your directors do not recommend any dividend on equity shares for the
period ended 31st March, 2014.
DIRECTORS'' RESPONSIBILITY STATEMENT
Pursuant to the requirement under Section 217 (2AA) of the Companies
Act, 1956, with respect to Directors'' Responsibility Statement, it is
hereby confirmed that:
i. in the preparation of the annual accounts for the financial year
ended 31st March, 2014, the applicable accounting standards have been
followed along with proper explanations relating to material
departures;
ii. the Directors have 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 at 31st March, 2014 and of the profit of the Company
for the said period;
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 safeguarding the assets of
the Company and for preventing and detecting fraud and other
irregularities; and
iv. the Directors have prepared the accounts for the financial year
ended 31st March, 2014, on a ''going concern'' basis.
PUBLIC DEPOSITS
Your Company has not accepted any fixed deposits from public and, as
such, no amount of principal or interest was outstanding on the date of
the balance sheet.
DIRECTORS:
In accordance with the provisions of the Companies Act, 1956 and the
Articles of Association of your Company, Mr. Nawal Kishore Maheshwari,
Director of your Company, retires by rotation at the forthcoming Annual
General Meeting and being eligible, offers himself for reappointment.
AUDITORS
M/s M/s Harish Dayani & Co., Chartered Accountants the Auditors of your
Company, retire at the forthcoming Annual General Meeting and have
confirmed their eligibility and willingness to accept office, if
reappointed.
The Notes on Accounts referred to in the Auditors'' Report are self
explanatory and do not require any further comments.
PARTICULARS OF EMPLOYEES
Information in terms of Sec 217(i)(e) of the Companies Act, 1956 read
with the Companies (Particulars of Employees) Rules, 1975 is not
applicable to the Company.
ENERGY CONSERVATION, TECHNOLOGY ABSORPTION AND FOREIGN EXCHANGE
EARNINGS AND OUTGO
Considering the business activities of the Company information required
to be provided under Section 217(1)(e) of the Companies Act, 1956, read
with the Companies (Disclosure of Particulars in the Report of Board of
Directors) Rules, 1988, in relation to Conservation of Energy and
Technology Absorption are currently not applicable to the Company.
There was no earning or expenditure in foreign currency during the
year.
ACKNOWLEDGEMENT
The Board of Directors would like to express their sincere thanks to
the all shareholders and other concerned for their continued support
and co-operation.
For and on behalf of the Board of Directors,
Om Prakash Maheshwari Nawal Kishore Maheshwari
Director Director
Date: August 14, 2014
Place: Kota
Mar 31, 2013
The Members of Shricori Industries Limited
The Directors have pleasure in presenting Annual Report of the Company
for financial year ended March 31, 2013 with the Audited Statement of
Accounts and the Auditors'' Report of your Company for the financial
year ended 31 March 2013.
FINANCIAL RESULTS:
The detailed financial statement of the Company is attached with this
report.
DIVIDEND
Your directors do not recommend any dividend on equity shares for the
period ended 31st March, 2013.
DIRECTORS'' RESPONSIBILITY STATEMENT
Pursuant lo the tenement under Section 217 (2AA) of the Companies Act,
1956, with reaped to Directors'' Responsibility Statement, it is hereby
confirmed that;
i. in the preparation of the annual accounts for the financial year
ended 31st March. 2013, the applicable accounting standards have been
followed along with proper explanations relating to material
departures;
ii uie Directors have 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 at 31st March. 2013 and of the loss of the Company
for the said period:
iii the Directors have taken proper and sufficient can: for (he
maintenance of adequate accounting records in accordance with the
provisions of the Companies Act, 1956, for safeguarding the assets of
the Company and fcr preventing and detecting fraud and other
irregularities; and
iv. the Directors have prepared the accounts for the financial year
ended 31 st March, 2013, on a ''going concern basis.
PUBLIC DEPOSITS
Your Company has not accepted any feed depos.ts from public and, as
such, no amount of principal or interest was outstandmg on the date of
the balance sheet.
DIRECTORS:
In accordance with the provisions of the Companies Act, 1956 and the
Articles of Association of your'' Company, Mr J3m Prakash Maheshwari,
Director of your Company, retires by rotation at the forthcoming Annua!
General Meeting and being eligible. offers himself for reappointment.
AUDITORS
M/s Parish Dayani & Co.. Chartered Accountants, Mumbai the Auditors of
your Company, retire at the forthcoming Annual General Meeting and
have confirmed their eligibility and willingness to accept office, if
reappointed.
PARTICULARS OF EMPLOYEES
Information in terms of Sec 2l7
COMPLIANCE CERTIFICATE
As per requirement of Section 383A of the Compantes Act. 1956 and
companies Compliance Certificate Rule 2001, the Company has obtained a
certificate from Company Secretary in whole time Practice is to be laid
in Annual General Meeting.
ENERGY CONSERVATION, TECHNOLOGY ARSORn.ON AND FOREIGN EXCHANGE EARNINGS
AND OUTGO
Considering the business activities of the Company informatin required
to be provided under Section 217(1)(e) of the Companies Act, read with
the Companies (Disclosure of Particulars in the Report of Board of
Directors) Rules, 1988, in relation to Conservation of Energy and
Technology Absorption are currently not applicable to the Company.
There was no taming or expenditure in foreign currency during the year.
ACKNOWLEDGEMENT
The Board of Direct would like to express their sincere thanks to the
all stakeholders and other concerned for their continued support and
co-operation.
BY ORDER OF THE BOARD
FOR SHRICON INDUSTRIES LIMITED
Place- KOTA (Om Prakash Maheshwari)
Dated: May 28.2013 Director Director
Mar 31, 2010
The Directors have pleasure in presenting the 25th Annual Report of
the company together with the audited accounts for the year ended on
31st March, 2010.
FINANCIAL PERFORMANCE
During the year under report the company has carried out trading
operations of shares.
Amount in Rs. (In Thousand)
Year ended Year ended
3lst March, 20IO 31st March,2009
Total Income 713.03 1271.17
Total Expenditure 636.53 915.19
Profit/(Loss )Before Taxation 76.94 355.99
Less : Provision for Taxation 19.00
Loss after Tax 66.19 245.06
Add: Balance brought forward from last year 6704.92 6459.86
Balance Carried Forward to Balance Sheet 6771.12 6704.92
DIVIDEND
No dividend has been recommended for this year.
Particulars Regarding Conservation of Energy. Technology Absorption
There were no activities relating to conservation of energy, technology
absorption etc during the year.
Particulars of Earning and Expenditure in foreign currency
There were no earnings or expenditure in foreign currency during the
year.
COMPLIANCE CERTIFICATE
As per requirement of Section 383A of the Companies Act, 1956 and
companies Compliance Certificate Rule200l, the company has obtained a
certificate from Company Secretary in Whole time in Practice is to be
laid in forthcoming Annual General Meeting.
AUDITORS
M/s Rahul Singhvi & Associates, chartered Accountants, Auditors of the
company retire at the ensuing Annual General Meeting and is eligible
for reappointment
DIRECTORS RESPONSIBILITY STATEMENT
The Directors hereby state:
i. That in the preparation of the annual accounts for the financial
year ended 31st March, 2010, the applicable accounting standards have
been followed along with proper explanations relating to material
departures;
ii. That the Directors have 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 at 31st March, 2010 and of the profit of
the Company for the said 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, 1956, for safeguarding the assets of
the Company and for preventing and detecting fraud and other
irregularities; and
iv. That the Directors have prepared the accounts for the financial
year ended 31st March, 2010, on a going concern basis.
APPRECIATION
The Directors of your company wish to place on record their
appreciation for the support given by the banker, shareholders & staff
for their support to the company.
On behalf of the Board of Directors,
Om Maheshwari Nawal Maheshwari
Director Director