The Directors have pleasure in presenting their 26th Annual Report
 together with the Audited statement of accounts for the year ended 31st
 March 2012.
 
 FINANCIAL RESULTS                      (Amt. in Rupees)
 
 PARTICULARS                        2011-12          2010-11
 
 TurnOver                           448,892           907944
 
 Expenditure                        426,267          683,773
 
 Profit/Loss before Tax              22,625          224,171
 
 Less: Provision for Taxation             0                0
 
 Profit/(Loss) after Tax             22,625          22,4171
 
 DIVIDEND
 
 The Board of Directors do not recommend any dividend for 2011-12.
 
 OPERATIONS.
 
 During the year 2011-12, the company was in process of restructuring
 its activities. The Company has undertaken certain activities in the
 area of software development, marketing and Service. It is also
 venturing into film and the related activities.
 
 DIRECTORS.
 
 During the year under review Jikesh Shah, Retire by rotation and being
 eligible offers himself for reappointment.
 
 Mr.Vishal Kumar shah who have been appointed as an additional director
 on 15/02/2012, in respect of whom company received a notice for his
 appointment seeks the appointment as a director liable to retire by
 rotation.
 
 AUDITORS
 
 M/s. Mehul & Associates, Chartered Accountants, retire as Auditors of
 the Company at the ensuing Annual General Meeting and are eligible for
 reappointment. The notes to accounts referred to in the Auditors Report
 is self-explanatory and therefore do not call for any further comments.
 
 CORPORATE GOVERNANCE
 
 Certificate of Auditors of the Company regarding compliance of the
 conditions of Corporate Governance as stipulated in clause 49 of the
 Listing Agreement with Stock Exchange, is enclosed.
 
 MANAGEMENT DISCUSSION AND ANALYSIS
 
 Management Discussion and Analysis forms part of the Corporate
 Governance Report.
 
 FIXED DEPOSITS
 
 The Company have not accepted any deposit u/s. 58A of the Co. Act, 1956
 from the public during the year under review.
 
 PARTICULARS OF EMPLOYEES
 
 The company do not have any employees of the category specified in
 Section 217 (2-A) of the Companies Act, 1956 read with the (Companies
 Particulars ofEmployees) Rules, 1975.
 
 CONSERVATION OF ENERGY AND TECHNOLOGY ABSORBTION
 
 The Company has no activities relating to conservation of energy,
 technology absorption.
 
 FOREIGN EXCHANGE EARNIGS AND OUTGO Foreign Exchange Earnings : NIL
 
 Foreign Exchange Outgo : NIL
 
 DIRECTOR''S RESPONSIBILITY STATEMENT
 
 Pursuant to the requirements under section 217 (AA) of the; Companies
 Act, 1956 with respect to Directors Responsibility, it is hereby
 confirmed:
 
 1) That in the preparation of the annual accounts, the applicable
 accounting standards have been followed. ,
 
 2) That the Directors have selected such accounting policies and have
 applied them consistently and made judgment 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 for the
 profit and loss of the company for that period.
 
 3) That the Directors have taken proper and sufficient care for the
 maintenance of adequate accounting records in accordance with the
 assets of the company and for detecting fraud and other irregularities.
 
 4) That the Directors has prepared the accounts pn a going concern
 basis.
 
 LISTING AGREEMENT COMPLIANCE
 
 
 Equity Shares are listed on the Stock Exchanges at Mumbai, The Calcutta
 Stock Exchanges and M.P. Stock Exchanges.
 
 INDUSTRIAL RELATIONS
 
 Industrial relations continued to be cordial throughout the year.
 
 ACKNOWLEDGEMENT
 
 Your Directors would like to express their grateful appreciation of the
 assistance and cooperation received from all its Bankers. The Directors
 also acknowledge with thanks the continued support and confidence
 reposed in the management by the Company''s shareholders, customers and
 suppliers.
 
 Your Directors wish to place on record their deep sense of appreciation
 for the devoted services of the executives and staff for its success.
 
 
                                By Order of the Board of Directors 
 
                               EB For MILLENNIUM CYBERTECH LIMITED
 
 
                                               SD/- 
 
                                           SANJAY SAVANI
 
 PLACE :MUMBAI                                Chairman
 
 DATE : 31-8-2012