मैट्रिक्स
 
 
अजंता ट्यूब्स निदेशकों की रिपोर्ट, अजंता ट्यूब्स निर्देशकों द्वारा रिपोर्ट

अजंता ट्यूब्स

बीएसई: 505988  |  NSE: N.A  |  ISIN:  |  Steel - Tubes & Pipes

खोजें अजंता ट्यूब्स कनेक्शन
निदेशकों की रिपोर्ट वर्षांत : Mar '01
Your  Directors  present  the  Twenty Seventh  Annual  Report  and  Audited 
 Statement  of Accounts on the operations of the Company for the year  ended 
 31st March, 2001.
 
 FINANCIAL RESULTS AND OPERATIONS
 
 During  the  year under review there was no production of Steel  Pipes  and 
 Tubes as well as PVC Pipes.
 
 The company has incurred loss of Rs.13.25 lacs during the year under review 
 after providing interest of Rs.0.31 lac on Term Loan of Government of U.P., 
 Department  of Housing while no interest has been provided on  cash  credit 
 facilities from bank. Depreciation has also not been provided.
 
 AUDITORS^ REPORT
 
 Observations  in  the  Audit Report are due to sickness  of  your  Company, 
 closure  of  its manufacturing plant, financial  difficulties  shortage  of 
 Staff.  The  notes on Accounts as referred to in the Auditors^  Report  are 
 self-explanatory and therefore do not call for any further comments.
 
 PROGRESS IN BIFR/AAIFR
 
 BIFR  has  opined that the Company be wound up and the  matter  is  pending 
 before  the Hon^ble Court of Delhi. The lending bank has filed  a  Recovery 
 Suit against the company before the Debt Recovery Tribunal.
 
 COST AUDIT AND COST ACCOUNTING RECORDS
 
 As  there was no production during the year under review, the cost  records 
 were  not maintained. Requisite steps have been taken / are being taken  to 
 seek exemption.
 
 DEPOSITS
 
 The company has not accepted any fixed deposit from public.
 
 CONSERVATION  OF ENERGY, TECHNOLOGY ABSORPTION, FOREIGN  EXCHANGE  EARNINGS 
 AND OUT-GO
 
 As required under Companies^ (particulars in respect of report of Board  of 
 Directors)  Rules,  1988,  a  statement  showing  information  relating  to 
 Research & Development, Technology absorption and foreign exchange  earning 
 and outgo is enclosed herewith and should be treated as part of  Directors^ 
 Report.  From  A  regarding  disclosure of,  particulars  with  respect  to 
 Conservation  of  Energy is not applicable in case of your Company  due  to 
 closure of Plant w.e.f. 19.12.1997.
 
 PARTICULARS OF EMPLOYEES
 
 There  are no employees covered by Section 217(2A) of the  Companies  Act., 
 1956 read with Companies (particulars of Employees) Rules, 1975 as  amended 
 in March, 2000.
 
 DIRECTORS
 
 Shri.  S.R.  Jain, Director retires by rotation and being  eligible  offers 
 himself for re-appointment.
 
 Shri.  Ravinder  Kapur,  Director retires by rotation  and  being  eligible 
 offers himself for re-appointment.
 
 Shri.  S.R. Sen - Nominee Director of GIC resigned due to  his  retirement. 
 The  Board appreciated the services rendered by him during his  association 
 with the company.
 
 He was subsequently appointed as an additional director and holds office of 
 director  upto this forthcoming Annual General Meeting Pursuant to  Section 
 257  of  the  Companies  Act, 1956. A member  has  proposed  his  name  for 
 appointment  as  director  of  the company and  the  Board  recommends  his 
 appointed.
 
 DIRECTOR^S  RESPONSIBILITY  STATEMENT PURSUANT TO SECTION 217(2AA)  OF  THE 
 COMPANIES ACT, 1956.
 
 Pursuant  to  Section 217(2AA) of the Companies (Amendment Act)  2000,  the 
 Directors of your Company state as under:-
 
 (a)  that in the preparation of the Annual Accounts, applicable  accounting 
 standards have been followed.
 
 (b) that directors have selected such accounting policies and applied  them 
 consistently and reasonable, prudent judgement and estimates are 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 the year 
 under review.
 
 (c)  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.
 
 (d) that the directors have prepared the annual accounts on a going concern 
 basis.
 
 LISTING FEES
 
 The  company has not paid listing fees to The Stock Exchange, Mumbai  since 
 1997-98 and to Delhi Stock Exchange is to be paid for 2000-2001, while  the 
 shares of the company are listed with Delhi Exchange Association Ltd.,  DSE 
 House,  3/1, Asaf Ali Road, Delhi - 110 002 as well as The Stock  Exchange, 
 Mumbai Phiroze Jeejeebhoy Towers, Dalal Street Mumbai - 400 001.
 
 AUDITORS
 
 M/s.  B.K.  Shroff  &  Company,  Chartered  Accountants  retire  and  offer 
 themselves for re-appointment as Auditors of the Company at a  remuneration 
 as  may be fixed by the shareholders. They have furnished a certificate  of 
 eligibility for their appointment.
 
 ACKNOWLEDGEMENT
 
 Your Directors take this opportunity to place on record their  appreciation 
 for  the  valuable support and co-operation extended by  all  concerned  at 
 various levels and look forward for an eventful future.
 
                                 For and on Behalf of the Board of Directors
 
 Place: New Delhi                                                  J.R. JAIN
 Dated: 4th September, 2001.                               Managing Director
                                                     Chairman of the Meeting 
   
 ANNEXURE ^A^
 
 INFORMATION  AS PER SECTION 217(1)(E) OF THE COMPANIES COMPANIES ACT,  1956 
 READ  WITH COMPANIES (DISCLOSURE OF PARTICULARS IN THE REPORT OF  BOARD  OF 
 
 THE  DIRECTORS) RULES, 1988 AND FORMING PART OF THE DIRECTORS^  REPORT  FOR 
 THE YEAR ENDED 31ST MARCH, 2001.
 
 A. Conservation of Energy-Not applicable to our factory
 
 B. Technology Absorption
 
 I. Research & Development (R & D)
 
 1. Specific areas in which R & D is carried out by the Company.
 
 Development has been carried out for:
 
 (i) No development work could be taken up due to no production activities.
 
 2. Benefits derived as a result of the above R & D.
 
 (i) None
 
 3. Future Plan of Action
 
 (i) No future work planned due to constraint of production / operation.
 
 4. Expenditure on R & D
 
 (i) Capital     -
 (ii) Recurring  - 
 Total           -
 
 II. Technology Absorption, adoption and innovation.
 
 1. Efforts in brief made towards technology Absorption And Innovation. None
 
 2. Benefits derived as a result of the above efforts                   None
 
 3. In case of imported technology                                      None
 
 C. Foreign Exchange Earnings and outgo.
 
 1.  Activities  relating to exports, initiative taken  to  increase  export 
 development  to  new export markets for products and  services  and  export 
 plants.
 
 There  was no production during the year under review Similarly there  were 
 no  activities relating to exports. Exports are likely to take place  after 
 production / Business operation start again.
 
 2. Total Foreign   Used   Earned
 Used and Earned    -      -
 
 
                                 For and on Behalf of the Board of Directors
 
 
 Place: New Delhi                                                           J.R. JAIN
 Dated: 4th September, 2001.                               Managing Director
                                                                                   Chairman of the Meeting
  
स्रोत: रेलीगरे टेचनोवा

न्यूज़ फ़्लैश

  • MARKET CUES : FIIs ने कैश में `2315 Cr की बिकवाली की
  • MARKET CUES : DIIs ने कैश में `1565 Cr की खरीदारी की
  • MARKET CUES : FIIs ने F&O में `1339 Cr की बिकवाली की
  • MARKET CUES : इंडेक्स फ्यूचर्स में `1470 Cr की खरीदारी
  • MARKET CUES : इंडेक्स ऑप्शंस में `1307 Cr की बिकवाली
  • MARKET CUES : स्टॉक फ्यूचर्स में `1553 Cr की बिकवाली
  • MARKET CUES : स्टॉक ऑप्शंस में `50.49 Cr की खरीदारी
  • CS ON ITC : Neutral रेटिंग, लक्ष्य `225/Sh
  • JEFFERIES ON TATA POWER : HOLD रेटिंग, लक्ष्य घटाकर `55/Sh
  • MOFSL ON GUJ GAS : BUY रेटिंग, लक्ष्य `340/Sh

अभी देखें

सौदा आपका

OUR WINNING PICKS

DID YOU INVEST?

INTRADAY PICKS!

(August 06, 2018)

AT (Rs)



GAIN (Rs)

ALL TIME WINNERS

RECO PRICE

PEAK PRICE

OUR PACKAGES

Super Combo

Powerful mix of both trader and investor packs with timely expert advice.

Technical

Designed especially for traders looking to tap the profit opportunities of volatile markets.

Fundamental

For all investors looking to unearth stocks that are poised to move.