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स्वेतांबर स्टील निदेशकों की रिपोर्ट, स्वेतांबर स्टील निर्देशकों द्वारा रिपोर्ट

स्वेतांबर स्टील

बीएसई: 513442  |  NSE: N.A  |  ISIN:  |  Steel - CR & HR Strips

खोजें स्वेतांबर स्टील कनेक्शन Mar 11
निदेशकों की रिपोर्ट वर्षांत : Mar '12
To, The Members,
 
 The Directors are pleased to present the Annual Report with Audited
 Accounts of your Company for the year ended 31st March, 2012.
 
 FINANCIAL RESULTS
 
                                                       (in Rs.)
 
                                             2011-2012     2010-2011
 
 Profit before Financial Charges,
 Depreciation and Taxation                    (1016944)      (815179)
 
 Less: Financial Charges                         (3460)        (2305)
 
 Less: Depreciation                                  0             0
 
 Profit before Taxation                       (1020404)      (817484)
 
 Less: Provision for Taxation                        0             0 
 
 Profit after Taxation                        (1020404)      (817484) 
 
 OPERATIONS
 
 The Company has not doing manufacturing activity during the previous
 year hence gross income is Nil. How ever, The Company''s net loss is
 Rs. (1020404)/-
 
 DIVIDEND
 
 The Directors have not proposed any Dividend for the year.
 
 PUBLIC DEPOSIT
 
 No Fix Deposit were accepted during the year under review.
 
 Particulars of Unclaimed Deposit
 
 1) Unclaimed Deposit- NIL
 
 2) No. Unclaimed Depositors- NIL
 
 AUDITORS REPORT
 
 The observation made in the auditor''s report, read together with the
 relevant notes there on are self explanatory and hence, do not call for
 any comments under section 217of the Companies Act, 1956.
 
 PERSONNEL
 
 During the year under review there was no employee in the employment of
 the company falling within the purview of section 217(2A) of the
 Companies Act, 1956 read with rules there under.
 
 DIRECTORS
 
 Pursuant to the provisions of the Companies Act, 1956 and the Articles
 of Association of Company the director of the company is to retire by
 rotation and being eligible offer himself re- appointment.
 
 AUDITORS OBSERVATIONS
 
 The observations of the auditors in their report are explained in the
 notes on the accounts, which are self-explanatory.
 
 AUDITORS
 
 RAKSHIT M. SHAH & CO.. Chartered Accountants, Ahmedabad are the
 retiring Auditor and RAKSHIT M. SHAH & CO. Appointed as statutory
 auditor. The Company has obtained a certificate from auditor as
 required under Section 224 (1-B) of the Companies Act, 1956 to the fact
 that their reappointment if made, would be in conformity with the limit
 specified in that section.
 
 EMPLOYEES
 
 None of the employees of your Company is drawing remuneration exceeding
 the limit laid down under section 217 (2A) of the Companies Act, 1956
 read with Companies (Particulars of Employees) Rules, 1975 as amended.
 
 DIRECTORS'' RESPONSIBILITY STATEMENT
 
 Pursuant to Section 217 (2AA) of the Companies (Amendment) Act 2000,
 the Directors confirm that:
 
 i) In the preparation of the annual accounts, the applicable accounting
 standards have been followed;
 
 ii) Appropriate accounting policies have been selected and applied
 consistently and judgments and estimates have been made that are
 reasonable and prudent so as to give a true and fair view of the state
 of affairs of the Company as on march 31, 2012 and of the loss of the
 Company for the year ended March 31,2012;
 
 iii) Proper and sufficient care has been taken for the maintenance of
 adequate accounting records in accordance with the provisions of
 Companies Act, 1956 for safeguarding the assets for your Company for
 preventing and detecting fraud and other irregularities;
 
 iv) The annual accounts have been prepared on a going concern basis.
 
 Acknowledgement
 
 The Directors wish to thank Company''s Bankers and government
 authorities for all the help and encouragement they extended to the
 Company. Your directors deeply acknowledge the continued trust and
 confidence that our shareholders have placed in the Company.
 
                                    By order of the Board 
 
                                   For SWEATAMBER STEEL LTD.
 
                                               Sd/-
 
 Place : Baroda                           Bhupendra Shah
 
 Date : 11/08/2012                           CHAIRMAN
स्रोत: रेलीगरे टेचनोवा

न्यूज़ फ़्लैश

  • MARKET CUES : FIIs ने कैश में `566.52 Cr की खरीदारी की
  • MARKET CUES : DIIs ने कैश में `183.41 Cr की खरीदारी की
  • MARKET CUES : FIIs ने F&O में `800 Cr की बिकवाली की
  • MARKET CUES : इंडेक्स फ्यूचर्स में `818 Cr की बिकवाली की
  • MARKET CUES : इंडेक्स ऑप्शंस में `140.36 Cr की खरीदारी की
  • MARKET CUES : स्टॉक फ्यूचर्स में `42.76 Cr की बिकवाली की
  • MARKET CUES : स्टॉक ऑप्शंस में `79.20 Cr की बिकवाली की
  • MS ON TCS : Equal-weight रेटिंग, लक्ष्य `1,980/Sh
  • MS ON TITAN : Equal-weight रेटिंग, लक्ष्य `1240/Sh
  • MS ON ICICI BANK : Overweight रेटिंग, लक्ष्य `665/Sh

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