Your Directors have pleasure in submitting their 5th Annual Report and
Accounts for the year ended 31st March, 2000.
(Rupees in Lacs)
Income from operations 17.55 0.02
Net Loss During the year (1.97) (4.30)
The working of the company resulted in a loss of Rs. 1.97 lacs during
the year, compared to a loss of Rs. 4.30 lacs during the previous year.
In view of loss, the directors regret their inability to recommend any
Information on particulars of Employees' Remuneration as per Section
217(2A) of the Companies ' Act, 1956 read with Companies (Particulars
of Employees) Rules, 1975 is not applicable to the company as there
were no employees drawing a salary of Rs. 50,000 or more per month.
Sri Rajendra Shah retires by rotation and being eligible has offered
himself for re-appointment.
The company has not accepted any fixed deposits from general public.
Lunia & Co., Chartered Accountants, auditors of the company will be
retiring at the ensuing Annual General Meeting. Being eligible, they
have offered themselves for re-appointment.
CONSERVATION OF ENERGY,TECHNOLOGY ABSORPTION & FOREIGN EXCHANGE EARN-
ING & OUTGOINGS
Information pursuant to Section 217(1)(e) of the Companies Act, 1956
read with the Compa- nies (Disclosure of Particulars in the Report of
Board of Directors) Rules, 1988 relating to the foregoing matters is
a) Conservation of energy : Nil
b) Technology absorption, research & development : Nil
c) Foreign Exchange earning & outgoings : Nil
For and on behalf of the Board of Directors
Place: Ahmedabad, Dhiren C. Shah
Date : 11th July, 2000. Chairman