CODE OF CONDUCT

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  • Pursuant to Clause 49(1) of the Listing Agreement, Code of Conduct has been implemented for Directors and Senior Management Personnel.

Management Discussion And Analysis Overall review, industry Structure and Developments:

  • Present Scenario is compounded by factors like terrorist and disruptive elements, lack of political will to contain and control such elements and also emergence of low cost for outsourcing business. Growth will be in an organized and systematic manner.

Opportunities and Threat

  • With its diversified portfolio of investments and trading strategy with available liquid funds is well poised to reap benefits on account of buoyant market sentiments.

Out Look

  • Net Profits for financial year 2013-2014 is Rs.6,14,282/-
  • Net Profit for financial year 2012-2013 is Rs.75,909/-
  • Increase and profits during the financial year 2013-2014 is mainly on account of volatile market.

Internal control System

  • There is an adequate system of internal control.
  • Meticulous and maintenance of accounting records and preparation of reliable financial statements.
  • Minute adherence to internal control, policies and procedures.
  • Scrupulous compliances with regulatory directions / requirements.

Human relations

  • Team of able, efficient and experienced professionals.
  • Well defined in-house training programme.
  • No HRD in the absence of manufacturing activities.

Particulars

Particulars Financial year ended 31.03.2014 Amount (in rupees) Financial year ended 31.03.2013 Amount (in rupees)
Total Income 1,72,06,439 93,72,217
Total Expenditure 1,65,92,157 92,96,308
Profit before 6,14,282 75,909
Provision for Tax - -
Profit after Tax 6,14,282 75,909
  • Information in this site including Management's Discussion and Analysis report reflect Company's projections, estimates, expectations, predictions and forward looking statements involving risks and uncertainty.
  • The Company and the Management shall not be held responsible for any loss, which may arise as a result of any action taken on the basis of the information contained herein.
  • Browsers are cautioned not to place undue reliance on the forward looking statements that speak only of the expectations as prevailing now.