To the Members,
 
 The Directors hereby present the 26th Annual Report together with the
 Audited Accounts for the year ended 31st March, 2012.
 
 1.  Financial Results:
 
 The performance of the Company for the financial year ended March 31,
 2012 is summarized below:
 
                                                    (Amount in Lacs)
 
                                        FOR THE         FOR THE
                                        YEAR ENDED      YEAR ENDED
                                        31ST MARCH 2012 31ST MARCH 2011
 
 Profit/(Loss) for the year                 9.62           13.95
 
 Less: Tax Provision for the year              -               -
 
 Less: Deferred Tax Provision for the year     -               - 
 
 Profit/(Loss) after Taxation               9.62           13.95
 
 Less: Transfer from Reserve                   -               -
 
 Sales Return                                  -               -
 
                                            9.62           13.95
 
 Add: Balance (Dr.) brought forward      (509.17)        (523.12)
 
                                         (499.55)        (509.17)
 
 Less: Deferred Tax                            -               -
 
 Balance carried forward to 
 Balance Sheet                           (499.55)        (509.17)
 
 2.  Dividend:
 
 During the year 2011-12 your company posted profit after tax (PAT) of
 Rs.9.62 lakh and looking at increasing this number in coming year.
 However due to inadequate profit the Board of Director express their
 inability to declared dividend for the current year.
 
 3.  Current year and Future Prospect
 
 During the year 2011-12 company''s total income was 11.25 crores. The
 total expenditure 11.15 crores. After necessary
 appropriations/adjustment there was a profit of Rs.9.62 Lakhs. During
 the year company has earned operational profit before depreciation of
 Rs.20.28 Lakhs.
 
 In the coming years education sector will witness growth like never
 before as India is evolving and growing from a third world country to
 compete with the global leaders. One of the key contributors of this
 growth will be skilled and trained manpower that will help fuel this
 growth. Your company has expanded its business operations to various
 segments like individual specialized training, govern- ment certified
 education, Degree based courses and participating in skill development
 project. With this your company is in a position to take advantage of
 the fastest growing sector as well as it hedges its risk by the
 distribution of operations in various segments.
 
 4.  Directors:
 
 In accordance with the provisions of the Companies Act, 1956 and the
 Articles & Association of the company, Mr. G.K.Gupta and Mr. Kamaljit
 Singh retires from office by rotation at the ensuing Annual General
 Meeting and, being eligible, offer themselves for re-appointment.
 
 The resolution for confirmation of re-appointment of Mr. Sidharth
 Lakhotia as Whole Time Director & CEO of the company is also proposed
 for your approval.
 
 5.  Auditors:
 
 The Auditors M/s Budhia & Co. Chartered Accountant will retire at the
 forthcoming Annual General Meeting and being eligible offer them selves
 for reappointment. The company has received a certifi- cate from them
 to the effect that their reappointment, if made, will be within the
 limits prescribed under Section 224(1) of the Companies Act, 1956.
 
 6.  Auditor Observations:
 
 The observations of the Auditors are duly dealt in Notes of Accounts
 attached to the Balance Sheet and are self explanatory in nature.
 
 7.  Subsidiary Company:
 
 The Audited Annual Accounts for the Financial Year ending 31st March,
 2012 along with the Auditors'' and Directors'' Report thereon of
 eLCC.Info.com Ltd., a Subsidiary of your Company are annexed to this
 report as required under Section 212 of the Companies Act, 1956.
 
 8.  Fixed Deposits:
 
 The Company has not accepted or invited any deposits from the Public
 and as such no amount of principal or interest was outstanding during
 the year 2011-12.
 
 9.  Particulars of Employees:
 
 None of the employees of the Company is covered under Section 217(2A)
 of the Companies Act, 1956 read with the Companies (Particulars of
 employees) Rules, 1975.
 
 10.  Particulars pursuant to Companies (Disclosure of Particulars in
 the Report of Board of Directors) Rules, 1988:
 
 The Company does not have any manufacturing activity and hence the
 provision of Section 217(1)(e) of the Companies Act, 1956 read with the
 Companies (Disclosure of Particulars in the Report of the Board of
 Directors) Rules, 1988 does not apply to the Company.
 
 11.  Directors'' Responsibility Statement:
 
 The Directors confirm pursuant to the provisions of Section 217 (2AA)
 of the Companies Act, 1956,
 
 * that in the preparation of the annual accounts, the applicable
 accounting standards have been followed along with proper explanation
 relating to material departures;
 
 * that the Directors have 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 31st March 2012 and of
 the profit or loss of the Company for that period;
 
 * that the Directors have taken proper and sufficient care for the
 maintenance of adequate accounting records in accordance with the
 provisions of companies Act, 1956 for safeguarding the assets of the
 Company and for preventing and detecting fraud and other
 irregularities;
 
 * that the Directors have prepared the annual accounts on a going
 concern basis.
 
 12.  Corporate Governance:
 
 In terms of Listing Agreements, a report on Corporate Governance along
 with the Auditors'' Report on its compliance is annexed, forming part of
 the Annual Report.
 
 13.  Listing Status
 
 The company''s shares are listed at Bombay Stock Exchange Limited and
 National Stock Exchange of India Limited. Listing fee has been paid
 till March 31st 2006 to Bombay Stock Exchange Limited and up to March
 31st 2012 to National Stock Exchange of India Limited.
 
 14. Acknowledgement:
 
 Your Directors would like to express their grateful appreciation for
 the assistance and co-operation received from the members, bankers,
 business associates, various Govt. Authorities in all the en- deavors
 of the Company during the year under review. Your Directors also place
 on record their deep sense of appreciation for the committed services
 of the Executives, Staffs and Workers of the Company.
 
                        FOR AND ON BEHALF OF THE BOARD OF DIRECTORS
 
 Place: Kolkata           SIDHARTH LAKHOTIA  KIRTI LAKHOTIA
 
 Date: 27th August, 2012  DIRECTOR & C.E.O   MANAGING DIRECTOR