The directors have pleasure in presenting the Nineteenth Annual 
 Report of the company together with the Audited Statements of Accounts 
 for the year ended on 31 March,2012
 
 Financial Results:              31.03.2012    31.03.2011
                              (Rs. In lacs) (Rs. In lacS)
 
 Sales & other Income                 8.86           9.02
 
 Profit before interest & 
 depreciation                         2.37           1.90
 
 Less: Interest                          -              -
 
 Profit before depreciation           2.37           1.90
 
 Less: Depreciation                   0.06           0.08
 
 Profit after depreciation            2.31           1.82
 
 Provision for Income tax             0.72           0.57
 
 Profit after tax                     1.59           1.25
 
 Acceptance of Deposits:
 
 The company has not accepted any deposits from public during the year
 under review.
 
 Disclosure of Particulars with respect to Conservation of Energy etc:
 
 Necessary information required by the Companies (Disclosure or
 Particulars in the report of Board of Directors) Ru1es, 1988 for
 conservation of energy, technology absorption and Foreign Exchange
 earnings and outgo are NIL.
 
 Director'' Responsibility Statement
 
 The Board of Directors of your Company state:
 
 I.  that in the preparation of annual accounts, the applicable
 accounting standards had been followed:
 
 II. that the directors had 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 and of the
 profit of the Company for that period;
 
 III. that the directors had taken proper and sufficient care for the
 maintenance of adequate accounting records in accordance with the
 provisions of the Companies Act, 1956 safeguarding the assets of the
 Company and for preventing and detecting fraud and other
 irregularities;
 
 IV.  that the directors had prepared the annual accounts on a going
 concern basis.
 
 Auditors
 
 M/s Vimal Agrawal & Associates, Chartered Accountants, Jaipur, retire
 at the ensuing Annual General Meeting and being eligible, offer
 themselves for reappointment.
 
 Personnel:
 
 The Company has not employed any person who was in receipt of
 remuneration of more Rs. 60,00,000/- for the whole year or 
 Rs. 5,00,000/- per month in the case of employment for part of the year.
 
 Director:
 
 Sha Gyan Chand Jain and Shri Ankur Jain directors of the company retire
 at the ensuing annual general meeting and being eligible, offer
 themselves for reappointment.
 
 Report on Corporate Governance:
 
 The report on corporate governance in accordance with clause 49 of the
 listing agreement with stock exchanges is attached to this report in
 Annexure.
 
 
                                   By order of the Board of Directors
 
 
                                (G. C. Jain)        (Ankur Jain)
 
                                 Mg. Director        Director
 
 
 Place: Jaipur
 
 Dated: 13th August, 2012