To The Members of Brahmanand Himghar Limited
 
 The Directors have pleasure in presenting their Twenty First
 Annual Report and Audited Accounts of your Company for the year
 ended 31st March, 2011.
 
 1.FINANCIAL RESULTS             31.03.2011        31.03.2010 
 Profit for the year
 ended                           12,73,729.98      12,01,006.98 
 
 Less : Provision for 
 Taxation
 Current Tax                      4,76,830.00       4,89,743.00
 
 Tax for earlier year               32,823.00           -
 
 Deferred Tax(Assets)              (64,968.42)        28,685.52
 
                                  8,29,045.31       6,82,578.46
 
 Add: Profit B/F from 
 previous year                 2,35,72,682.19    2,28,90,103.73
 
 Balance C/F to Balance 
 Sheet                         2,44,01,727.50    2,35,72,682.19
 
 2.  DIVIDEND
 
 Your Director''s regret for not recommending Dividend on Equity Shares.
 
 3.  CONSERVATION OF ENERGY, TECHNOLOGICAL ABSORPTION, FOREIGN EXCHANGE
 EARNING & OUTGO:
 
 Details of energy conservation is not applicable to the Company, no
 technology has been absorbed or imported by the Company and Foreign
 Exchange Earning & Outgo is NIL.
 
 4.  RESEARCH & DEVELOPMENT
 
 The Company has not incurred any sum in respect of Research &
 Development for any of its activity.
 
 5.  PUBLIC DEPOSIT
 
 During the Year the Company has not accepted any Deposit from the
 Public, within the meaning of Section 58A of the Companies Act, 1956.
 
 6.  INFORMATION U/S 217(2A) OF THE COMPANIES ACT, 1956
 
 There were no Employees employed during the year who were in receipt of
 Remuneration of Rs.60,00,000/- (Rupees Sixty Lacs Only) p.a. (if
 employed throughout the year) or Rs.5,00,000/- (Rupees Five Lacs Only)
 p.m. (if employed for the part of the year).
 
 7.  DIRECTORS
 
 Mr. Sushil Kumar Khowala and Mr. Bimal Kumar Agrawal, directors of the
 Company are liable to retire by rotation in the forthcoming Annual
 General Meeting and being eligible offers themselves for reappointment.
 
 8.  AUDITORS
 
 M/S K.M.Tapuriah & Co, (formerly known as S.K.L. & Co.) Chartered
 Accountants, Statutory Auditors of the Company retires at the
 conclusion of the ensuing Annual General Meeting and being eligible
 offers themselves for their reappointment.
 
 9.  DIRECTORS RESPONSIBILITY STATEMENT (a) In the preparation of Annual
 Accounts, the applicable Accounting Standard have been followed.
 
 (b) The Directors have selected such Accounting Policies and applied
 them consistently and made judgements and estimates that are reasonable
 and prudent so as to give a true and fair view of the state of affairs
 of the Company at the end of financial year and the profit and loss
 account for that period.
 
 (c) The Directors have taken proper and sufficient care for
 maintainance of adequate accounting records in accordance with the
 provisions of the Act for safeguarding assets of the Company and for
 preventing and detecting frauds and other irregularities.
 
 (d) The Directors have prepared the Annual Accounts on Going Concern
 Basis.
 
 10.  APPRECIATION
 
 For and on behalf of the Board, the Directors wish to place on record
 their sincere appreciation for the positive co-operation received from
 Banks, Customers, Suppliers and all the staffs of the Company during
 the year.
  
                              For and on behalf of the Board
 
 Place : Medinipore                Sushil Kumar Khowala
 
 Date : 30th May, 2011             Chairman