The Directors have pleasure in presenting the 24th Annual Report and
 Audited Statements of Accounts for the year ended on 31st March 2012.
 
 FINANCIAL RESULTS:
 
 The Company has achieved the turnover of Rs. 1.10 lakhs and has
 incurred loss of Rs. 0.91 Lacs as compared to profit of Rs. 0.16 Lacs
 during the previous year.
 
 DIVIDEND:
 
 Your Directors regret their inability to recommend any dividend until
 carry forward losses are hopefully wiped out.
 
 DIRECTORS:
 
 Mr. Pankaj Panchal, Director retires by rotation and being eligible
 offers himself for reappointment.
 
 DEPOSITS:
 
 The Company has not accepted any Deposit from the Public during the
 year under review. As on 31st March, 2012 no unclaimed deposits are
 lying with the Company.
 
 PARTICULARS OF EMPLOYEES:
 
 The Company does not have any employee of the category specified in
 Section 217 (2-A) of the Companies Act, 1956 read with the Companies
 (Particulars of Employees) Rules, 1975.
 
 AUDITORS:
 
 The Auditor of the company M/s. MULRAJ D. GALA holds office until the
 conclusion of the ensuing Annual General Meeting and are recommended
 for appoint. The Company has received certificate from the Auditors to
 the effect that their appointment, if made would be within the
 prescribed limits under section 224 (1-B) of The Companies Act, 1956.
 
 DIRECTOR''S RESPONSIBILITY STATEMENT:
 
 Pursuant to the requirement under section 217 (2AA) of the Companies
 Act 1956 with respect to Directors'' Responsibility Statement, it is
 hereby confirmed:
 
 a) That in the preparation of the annual accounts for the financial
 year ended 31st March, 2012, the applicable accounting standards have
 been followed and there has been no material departure;
 
 b) That the directors have selected such accounting policies were
 applied consistently and the Directors made judgements and estimates
 that are reasonable and prudent so as to give true and fair view of the
 state of affairs of the company at the end of financial year and of
 profit of the company for that year under review.
 
 c) That the directors have taken proper and sufficient care for the
 maintenance of the adequate accounting records in accordance with
 provisions of the Companies Act, 1956 for safeguarding the assets of
 the company and for preventing and detecting fraud and other
 irregularities.
 
 d) That the annual accounts have been prepared on a going concern
 basis.
 
 CONSERVATION OF ENERGY, TECHNOLOGY ABSORPTION AND FOREIGN EXCHANGE
 EARNING AND OUTGO:
 
 As there is nil expenditure on the points mentioned above, no
 particulars furnished in this report as required under Section
 217(1)(e) of the Companies Act 1956 read with Companies (Disclosures
 of Particulars in the report of the Board of Directors) Rules 1988
 regarding conservation of energy, technology, absorption and foreign
 exchange earnings and outgo.
 
                                            By Order of the Board
 
                                            For MORYO INDUSTRIES LIMITED
 
 Date : 1st August, 2012                    Sd/- 
 
 Place : Mumbai                             Director
 
 
 Registered Office:
 
 1st Floor, Square One, Near Pitambari Saree Showroom,
 
 Gulmohar Road, JVPD Scheme, Vile Parle (West),
 
 Mumbai-400049