The Directors have pleasure in presenting the Annual Report of the
 Company together with the Audited Accounts for the financial year ended
 on 31st March 2012.
 
 1.  Financial Results                                   (Rs. in lacs) 
 
 Particulars                                     2011-12    2010-11
 
 Sales                                             59.95      67.39 
 
 Other income                                      11.50      02.62
 
 Depreciation                                      19.52       4.48
 
 Profit/ Loss before Tax                           01.94       4.99
 
 Profit/Loss after Tax                             01.22       4.99
 
 During the current year your company has achieved a reasonable level of
 growth. We are hoping that the phenomenal growth shall be achieved
 during the next coming years.
 
 2.  Directors
 
 Mr. Dashrathkumar Khatri, Director of the company retires at the
 ensuring Annual General meeting and eligible for re-appointment.
 
 3.  Personnel
 
 Your directors'' wish to place on record their appreciation for the
 contribution to growth of the business made by employees at all levels.
 Information as required pursuant to section 217(2A) of the companies
 Act, 1956 has not been given, as it is not applicable.
 
 4.  Auditors
 
 M/s Ashit T. Macwan, Chartered Accountants, Ahmedabad, Auditor of the
 Company retire at the conclusion of ensuing Annual General Meeting and
 being eligible, offer themselves for Re-appointment.
 
 5.  Hegpsits
 
 During the year, Company has not accepted inter corporate Deposits,
 which falls under Section 58A of Companies Act, 1956.
 
 6.  Energy, Technology And Foreign Exchange
 
 The additional information required to be disclosed in terms of
 notification No.1029 dated 31st December, 1998 issued by the Department
 of Company Affairs, Ministry of Finance is not applicable.
 
 7.  Directors'' Responsibility Statement
 
 Pursuant to Section 217 (2A) of Companies Act, 1956, the Directors
 confirm that:
 
 i.  In the preparation of Annual Accounts, appropriate accounting
 standard have been followed.
 
 ii.  Appropriate accounting policies have been selected and applied
 consistently and judgments and estimates made that are reasonable and
 prudent so as to give true and fair view of state of affairs of the
 company at the end of financial year ended 31st March, 2012.
 
 iii. Proper and sufficient care has been taken for the maintenance of
 adequate accounting records in accordance with the provisions of
 Companies Act, 1956 for safe guarding the assets of the company and for
 preventing and detecting fraud and other irregularities.
 
 iv.  The Annual Accounts have been prepared on going concern basis.
 
 8.  Auditor''s Qualification
 
 Auditors have qualified their report to the members of the Company. In
 this connection directors of the Company have discussed the same at
 arm''s length on the recommendation of audit committee and have imitated
 to take necessary action so as to show fair view of state of affairs of
 the company in the coming financial year.
 
 9.  Preferential issue of shares:
 
 During the financial year, Your company has issued 30000000 shares on
 preferential basis to promoters/ other than promoters to raise fund for
 future expansion programme of the company.
 
 10.  Report on Corporate Governance
 
 Compliance Report on Corporate Governance is a part of Annual Report is
 annexed herewith.
 
 11.  Acknowledgements
 
 Your Directors wish to please on record their appreciation of the whole
 hearted co-operation extended to company from various departments of
 the central and state governments, company'' bankers and financial
 institutions and employees of the company and look forward for the same
 cordial relationship in coming years.
 
 PLACE: COIMBATORE              FOR AND ON BEHALF OF THE BOARD
 
 DATE : 01/09/2012                        CHAIRMAN