SENSEX NIFTY
Kajal Synthetics & Silk Mills Directors Report, Kajal Synthetic Reports by Directors
YOU ARE HERE > MONEYCONTROL > MARKETS > FINANCE - GENERAL > DIRECTORS REPORT - Kajal Synthetics & Silk Mills
Kajal Synthetics & Silk Mills
BSE: 512147|SECTOR: Finance - General
SET ALERT
|
ADD TO PORTFOLIO
|
WATCHLIST
Kajal Synthetics & Silk Mills is not traded in the last 30 days
Kajal Synthetics & Silk Mills is not listed on NSE
Download Annual Report PDF Format 2013
Directors Report Year End : Mar '14    Mar 13
Dear Members,
 
 The Directors have pleasure in presenting to you the Twenty Sixth
 Annual Report together with the Audited Accounts of the Company for the
 year ended 31st March, 2014.  :
 
 FINANCIAL RESULTS
 
 Particulars                                     2013-14         2012-13
                                                 Rs.             Rs.
 
 Income                                      1,22,91,006     1,10,63,580
 
 Expenses                                      68,01,995        2,50,222
 
 Profit / (Loss) before Tax                    54,89,011     1,08,13,358
 
 Tax expenses:
 
 Current Tax                                 (38,80,000)     (35,00,000)
 
 Deferred Tax   Nil  Nil
 
 Tax adjustments for earlier years              (10,408)           Nil
 
 Profit / (Loss) for the year                  15,98,603       73,13,358
 
 Your Directors are hopeful of better performance by the Company in the
 current year. 
 
 DIVIDEND
 
 With a view to conserve resources of the Company, your Directors are
 unable to recommend any dividend for the year under review.
 
 DIRECTORS
 
 Mr. Naveen Bhatter (DIN:00503756), Director retires by rotation from
 the Board and being eligible offers himself for reappointment.
 
 DIRECTOR RESPONSIBILITY STATEMENT
 
 Your Directors confirm that:
 
 i in the preparation of the Annual Accounts, the applicable accounting
 standards have been followed alongwith proper explanation relating to
 material departures, if any;
 
 ii.  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 ended on 31st March, 2014
 and of the profit of the Company for that year;
 
 iii. the Directors have taken proper and sufficient care for the
 maintenance of adequate accounting records in accordance with the
 provisions of the Companies Act, 1956, for safeguarding the assets of
 the Company and for preventing and detecting fraud and other
 irregularities;
 
 iv.  the Directors have prepared the annual accounts on a going concern
 basis.
 
 PUBLIC DEPOSITS
 
 The Company has not accepted any deposits from the public during the
 year under review.
 
 EMPLOYEES
 
 The Company had no employees of the category specified in Section
 217(2A) of the Companies Act, 1956.
 
 AUDITORS
 
 M/s S S Rathi & Co., Chartered Accountants, the Statutory Auditors of
 the Company retire and being eligible offer themselves for re-
 appointment.
 
 AUDITORS REPORT
 
 The observations made in the Auditors Report are self explanatory and
 therefore, do not call for any further comments on the Auditors Report
 under Section 217 of the Companies Act, 1956.
 
 COMPLIANCE CERTIFICATE
 
 Pursuant to the proviso to Section 383A ( 1 ) of the Companies Act,
 1956 read with the Companies ( Compliance Certificates ) Rules, 2001
 framed thereunder, your Company has obtained a Compliance Certificate
 from Girish Murarka and Company, Company Secretaries, Mumbai for the
 financial year ended 31st March, 2014 confirming that the Company has
 complied with all the provisions of the Companies Act, 1956. A copy of
 such certificate is attached with this Report and forms an integral
 part. The observations made in the Compliance Certificate are self
 explanatory and therefore do not call for any comments.
 
 REPORT ABOUT CONSERVATION OF ENERGY
 
 Since the Company is not having any manufacturing activity, Directors
 have nothing to report on conservation of energy, research and
 development and technology absorption.
 
 FOREIGN EXCHANGE EARNINGS AND OUTGO
 
 Foreign Exchange earned during the year under review - Rs. Nil Foreign
 Exchange spent during the year under review - Rs. Nil
 
 APPRECIATION
 
 Your Directors place on record their deep appreciation of the
 assistance, contribution and support received from their bankers,
 shareholders, etc.
 
                            For and on behalf of Board of Directors
                                            Director          
 Place: Mumbai
 Date: 02.09.2014
Source : Dion Global Solutions Limited
Quick Links for kajalsyntheticssilkmills
Explore Moneycontrol
Stocks     A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z | Others
Mutual Funds     A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z
Copyright © e-Eighteen.com Ltd. All rights reserved. Reproduction of news articles, photos, videos or any other content in whole or in part in any form or medium without express written permission of moneycontrol.com is prohibited.