We have audited the attached Balance Sheet of DINESH ALLORGA LIMITED as
 at 31st March,2012 and also the statement of Profit & Loss and the Cash
 Flow Statement of the Company for the year ended on that date annexed
 thereto. This financial statements are the responsibility of the
 company''s management. Our responsibility is to express an opinion on
 these financial statements based on our audit.
 
 We conducted our audit in accordance with auditing standards generally
 accepted in India. Those standards require that we plan and perform the
 audit to obtain reasonable assurance about whether the financial
 statements are free of material misstatement. An audit includes
 examining on a test basis, evidence supporting the amounts and
 disclosures in the financial statements. An audit also includes
 assessing the accounting principles used and significant estimates made
 by management, as well as evaluating the overall financial statement
 presentation. We believe that our audit provides a reasonable basis for
 our opinion.
 
 1.  As required by the Companies (Auditors Report ) Order 2003, issued
 by the Central Government of India in terms sub-section (4A) of Section
 227 of the Companies Act, 1956, we enclose in the Annexure hereto a
 statement on the matters specified in paragraph 4 and 5 of the said
 Order.
 
 2.  Further to our comments in the annexure referred to in paragraph 1
 above, we report that:
 
 a) We have obtained all the information and explanations which to the
 best of our knowledge and belief were necessary for the purpose of our
 audit;
 
 b) In our opinion, proper books of accounts as required by law have
 been kept by the Company, so far as it appears from our examination of
 those books;
 
 c) The Balance sheet and statement of Profit and Loss and Cash Flow
 Statement dealt with by this report are in agreement with the books of
 account;
 
 d) In our opinion, the Balance Sheet and statement Profit and Loss and
 Cash Flow Statement dealt with by this report comply with the
 accounting standards referred to in sub-section (3C) of section 211 of
 the companies Act, 1956:
 
 e) On the bases of written representation received from the Directors
 as on 31st March, 2012 and taken on record by the Board of Directors,
 we report that none of the Directors are disqualified as on 31st March,
 2012 from being appointed as a Director in terms of clause (g) of
 sub-section (1) of section 274 of the Companies Act,1956.
 
 f) References invited to:
 
 i) Note no.11 regarding no provision for doubtful long term loans and
 advances.
 
 g) In our opinion and to the best of our information and according to
 the explanations given to us, the said accounts read together with
 notes thereon, give the information as required by the Companies Act,
 1956, in the manner so required and give a true and fair view in
 conformity with the accounting principles generally accepted in India.
 
 (i) in the case of the Balance Sheet of the state of affairs of the
 Company as at 31st March, 2012, and
 
 (ii) in case of statement of Profit & Loss of the loss for the year
 ended on that date, and
 
 (iii) in the case of Cash Flow Statement, of the cash flows for the
 year ended on that date.
 
 ANNEXURE TO AUDITORS REPORT
 
 I) In respect of fixed assets:
 
 a.  The Company has maintained proper records showing full particulars
 including quantitative details and situation of fixed assets on the
 basis of available information.
 
 b.  According to the information and explanation given to us, the fixed
 assets were physically verified by the management in accordance with
 the programme of verification, which in our opinion, is reasonable
 having regards to the size of the Company and the nature of its assets
 the discrepancy noticed on physical verification were not material and
 have been properly dealt with in the books of accounts.
 
 c.  During the year, the Company has not disposed off substantial part
 of fixed assets that affects the going concern of the Company.
 
 II) In respect of inventories:
 
 a.  The Company has conducted physical verification of inventories at
 reasonable intervals during the year.
 
 b.  In our opinion and according to the information and explanations
 given to us, the procedure of physical verification of inventories
 followed by the management were reasonable and adequate in relation to
 the size of the Company and the nature of its business.
 
 c.  In our opinion and according to the information and explanations
 given to us, the Company is maintaining proper records of its
 inventories and no material discrepancies were noticed on physical
 verification.
 
 III) In respect of loans, secured or unsecured, granted or taken by the
 Company to/from Companies ,firms or other parties covered in the
 register maintained under Section 301 Companies Act, 1956.
 
 a.  The Company has not granted any loans, secured or unsecured to the
 companies,firms or other parties covered in the register maintained
 under section 301 of the Companies Act, 1956. Therefore, the provisions
 of sub-clause (b), (c) and (d) of clause 4(iii) of the order are not
 applicable to the Company.
 
 b.  The Company has taken Unsecured loans amounting to Rs. 20,43,210
 from the One Parties covered in the register maintained under section 301
 of the Companies Act,1956. The maximum outstanding during the year
 Rs.8,42,791 and also the year end balance was Rs.4,39,000.
 
 c.  In our opinion and according to the information and explanations
 given to us, the rate of interest and other terms and conditions of the
 loans given by the Company, are not prima facie prejudicial to the
 interest of the Company
 
 d.  The payment of the Principal amount & the Interest was regular
 during the Year wherever applicable
 
 IV) In our opinion and according to the information and explanations
 given to us, there are adequate internal control procedures,
 commensurate with the size of the Company and the nature of its
 business for the purchase of inventories, fixed assets and for sale of
 goods,.  Further, on the basis of our examination of the books and
 records of the Company and according to the information and
 explanations given to us, we have neither come across nor have been
 informed of any continuing failure to correct major weakness in the
 aforesaid internal control procedures.
 
 V) In respect of transaction entered in the register maintained in
 pursuance of Section 301 of the Companies Act, 1956.
 
 a.  In our opinion and according to the information and explanations
 given to us, there are no transactions that requires to be entered into
 a register maintained under section 301 of the Companies Act,1956.
 
 b.  There are no transactions of purchase and sales of goods ,
 materials and services made in pursuance of contracts or arrangements
 entered in the register under section 301 of the Companies
 Act,1956,aggregating during the year to Rs.5,00,000 or more in respect
 of each party.
 
 VI) In our opinion and according to the information and explanations
 given to us, the Company has not accepted deposits from the public
 during the year. Therefore, the provisions of clause 4 (vi) of the
 Order are not applicable to the Company.
 
 VII) The Company does not have an Internal Audit System.
 
 VIII) The Central Government has not prescribed the maintenance of cost
 records under clause (d) of sub-section (1) of section 209 of the Act
 for any of its products. Therefore, the provisions of clause 4 (viii) of
 the Order are not applicable to the Company.
 
 IX) In respect of statutory and other dues:
 
 a.  The Company has been generally during the year in depositing with
 appropriate authorities, undisputed dues including Provident Funds,
 Investor Education & Protection Fund, Income Tax, Sales Tax, Wealth
 Tax, Customs Duty, Cess any other statutory dues applicable to it.
 
 b.  According to the information and explanations given to us, no
 undisputed amounts payable in respect of Provident Funds, Investor
 Education & Protection Fund, Income Tax, Sales Tax, Wealth Tax, Customs
 Duty, Cess were in arrears, as at 31stMarch, 2012 for a period of more
 than six months from the date of they become payable.
 
 c.  According to the information and explanations given to us, there
 are no dues of sales tax, Income tax, Custom duty, Wealth tax, Excise
 Duty and Cess etc.
 
 X) The Company has an accumulated loss at the end of the financial
 year. The Company has incurred cash loss during the financial year
 covered by the audit . the Company has not incurred Cash loss in
 immediately preceding financial year.
 
 XI) The Company has not defaulted in repayment of dues to financial
 institutions or bank.
 
 XII) The Company has not granted any loans and advances on the bases of
 security by way of pledge of shares, debentures or other securities.
 
 XIII) The Company is not a chit fund or a nidhi / mutual benefit fund /
 society. Therefore, the provisions of clause 4 (xiii) of the Order are
 not applicable to the Company.
 
 XIV) The Company is not dealing in or trading in shares, securities,
 debentures and other investments. Therefore, the provisions of clause 4
 (xiv) of the Order are not applicable to the Company.
 
 XV) The Company has not given guarantee for loans taken by others from
 banks or financial institutions.
 
 XVI) In our opinion, The Company has not raised any term loan during
 the year . The term loans outstanding at the beginning of the year have
 been applied for the purposes for which it was raised.
 
 XVII) According to the cash flow statements and overall examination of
 the balance sheet of the Company and explanations given to us, on an
 overall basis, funds raised on short-term bases have not, prima-facie,
 been used during the year for long-term investment.
 
 XVIII) The Company has not made any preferential allotment of shares
 during the year.
 
 XIX) The Company has not issued any secured debentures during the year.
 
 XX) The Company has not raised any money by public issue during the
 year.
 
 XXI) According to the information and explanations given to us, no
 fraud on or by the Company has been noticed or reported during the
 year.
 
                                              For Darji And Associates
 
                                                 Chartered Accountants
 
                                             (Registration No. 116519W)
 
                                                        CA L. B. DARJI
 
 Date: 30-05-2012                                           Proprietor
 
 Place: V. V. Nagar                                       M.No. 030992