The Directors have pleasure in presenting their 19TH Annual Report
 together with audited Balance Sheet of the Company as on 31st March
 2011 and Profit and Loss Account for the year ended 31st March 2011.
 
 FINANCIAL RESULTS & FUTURE PROSPECTUS OF COMPANY          (Rs. In Lacs)
 
 Particular                                Current year    Previous year
 
 Operating Profit before Depreciation
 & tax                                             1.03       (1266.67)
 
 Depreciation for the year                         0.00           0.00
 
 Profit after Depreciation                         1.03       (1266.67)
 
 Provision For Income Tax                           .32           0.00
 
 Profit after tax                                   .71       (1266.67)
 
 Surplus brought forward                        (721.06)        545.61
 
 Net Profit / Loss Carried Forward              (720.34)       (721.06)
 
 Still Your Directors are very much hopeful to increase the business of
 the company in the coming financial year and there is very much bright
 prospect of profit making.
 
 DIVIDEND
 
 Due to inadequacy of profit available for appropriation during the year
 under review, your directors express their inability to recommend any
 dividend for the year ended 31st march 2011.
 
 AUDITORS
 
 Members are requested to approve the appointment of M/s. TIWARI &
 ASSOCIATES, Chartered Accountants, as the Statutory Auditors of the
 company. M/s. TIWARI & ASSOCIATES. have since furnished a certificate
 under Section 224(1) (B) of the companies act,1956 regarding their
 eligibility for appointment as auditors of the company.
 
 PERSONNEL
 
 The relationship with the personnel of the company continued to be
 cordial. The Directors wish to place on record their sincere thanks to
 all the employees for their efforts. None of the employees of the
 company is in receipt of remuneration in excess of the sum prescribed
 under section 217(2A) of the companies act, 1956, read with the
 companies (particulars of employees ) Rules, 1975.
 
 DIRECTOR''S RESPONSIBILITY STATEMENT
 
 Pursuant to Section 217 (2AA) of the Companies Act, 1956, the Board of
 the Directors hereby states that
 
 1.  In the preparation of the Annual Accounts, the applicable
 accounting standards had been followed and there is no material
 departure;
 
 2.  The Directors had selected such accounting policies and applied
 them consistently and made judgments 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 the financial year and of the profit and
 loss of the company for that period;
 
 3.  The Directors had taken proper and sufficient care for the
 maintenance of adequate accounting records in accordance with the
 provisions of this Act for safeguarding the assets of the Company and
 for preventing and detecting fraud and other irregularities;
 
 4.  The Directors had prepared the Annual Accounts on a going concern
 basis.
 
 CORPORATE GOVERNANCE
 
 The company believes in good corporate practices to enhance the
 shareholder value. Realizing this, the company has adopted many
 practices over the last few years, as a result a number of steps were
 taken to improve corporate governances.
 
 FIXED DEPOSITS
 
 The Company has not accepted any Deposit from the public.
 
 AUDITORS'' REPORT
 
 Auditor''s report is self-explanatory
 
 CONSERVATION OF ENERGY, TECHNOLOGY ABSORPTION AND FOREIGN EXCHANGE
 EARNINGS AND OUTGO
 
 Not Applicable
 
 EXPENDITURE IN FOREIGN CURRENCY AND FOREIGN EXCHANGE
 
 Nil
 
 ACKNOWLEDGEMENTS
 
 The Board of Directors of your Company wish to express gratitude for
 the cooperation guidance and support received from the employees at
 various levels. The Board would like to sincerely thank all the
 Shareholders and Creditors for their continued support.
 
 
                               For on behalf of the of the Board
 
                                DIRECTOR               DIRECTOR
 
 PLAC  : NEW DELHI
 
 DATED : 01/09/2011