To, The Members
 
 The Directors present their Twenty Fourth Annual Report with Audited
 Statement of Accounts of your Company for the year ended 31st March,
 2012.
 
 Financial Results for the year are summarized as under:
 
                                      (Rs. in lacs) 
                               31.03.2012        31.03.2011
 
 Sales/Other Income                     -                 -
 
 Profit/ (Loss) before              (1.45)            (1.51)
 
 Interest & Depreciation            (1.45)            (1.51)
 Interest a Financial Charges 
 Depreciation Profit/(Loss) 
 for the year
 
 
 MANAGEMENT DISCUSSION AND ANALYSIS
 
 The Company is exploring the new opportunities in the near future.
 Since there is no productionand the company has sold its fixed assets, 
 it is not possible to attach a detailed management discussion 
 and analysis.
 
 DIVIDEND
 
 In view of the accumulated losses, your Directors regret their
 inability to propose any dividend.
 
 PUBLIC DEPOSITS
 
 Your Company has not accepted any deposits from the public within the
 meaning of the Companies (Acceptance of Deposits) Rules, 1975, during
 the year under review.
 
 CORPORATE GOVERNANCE
 
 A report on Corporate Governance, as required by the Listing Agreement,
 is attached herewith. A certificate from the Statutory Auditors on the
 compliance of the conditions of Corporate Governance has been obtained
 and the copy of the same is enclosed herewith.
 
 PARTICULARS OF EMPLOYEES AS PER SECTION 217 OF THE COMPANIES ACT, 1956
 
 Particulars of employees in accordance with the provisions of Section
 217 (2A) of the Companies Act, 1956 read with the Companies
 (Particulars of Employees) Rules, 1975, as amended are not given, as
 presently the Company has no employees.
 
 DIRECTORS
 
 Shri Kamal Parihar retires by rotation and being eligible offers
 himself for re-appointment at the ensuing Annual General Meeting.
 
 BOARD COMMITTEES
 
 In order to ensure compliance with the applicable provisions of the
 Companies Act, 1956 as well as
 
 the provisions of the Listing Agreement, the Board has constituted an
 Audit Committee and Shareholders/Investor''s Grievances Committee.
 Details of the Committees are given in the Corporate Governance Report
 which is annexed hereto.
 
 DIRECTORS'' 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:
 
 i) That in the preparation of the annual accounts for the financial
 year ended 31st March, 2012, the applicable accounting standards had
 been followed along with proper explanation relating to material
 departures;
 
 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
 loss 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 for safeguarding the assets of
 the Company and for preventing and detecting fraud and other
 irregularities;
 
 iv) That the Directors had prepared the accounts for the financial year
 ended 31st March, 2012 on a going concern basis M/s. Raman S. Shah &
 Associates, Chartered Accountants, Mumbai, Auditors of the Company hold
 office up to conclusion of ensuing Annual General Meeting. The
 Directors recommend their re-appointment as Statutory Auditors of the
 Company.
 
 AUDITORS REPORT
 
 Regarding the comments of the Auditor , that the going concern status
 of the company is affected, the Board of Directors propose to continue
 the Company and explore the possibilities for new opportunities in the
 future.
 
 CONVERSATION OF ENERGY AND TECHNOLOGY ABSORPTION, RESEARCH AND
 DEVLEOPMENT
 
 (i) Conservation of Energy and Technology Absorption: Adequate measures
 have been taken to avoid wastage of energy. The requirement of
 disclosure in respect of conservation of energy is not applicable to
 the Company since the company has no production.
 
 (iii) Foreign Exchange Earnings and Outgo : NIL
 
 DEMATERIALISATION OF SHARES
 
 The Directors wish to inform the members that the trading in the shares
 of Suryodaya Plastics Ltd.  is being done in dematerialized form w.e.f.
 30.10.2000 as per SEBI Circular SMDRP/POUCY/CIR- 23/2000 dated
 29/05/2000. ISIN number of the Company in NSDL and CDSL is 1NE 998
 B01015.
 
 ACKNOWLEDGEMENTS
 
 Your Directors place on record their sincere appreciation for the
 co-operation and assistance received from Banks, Government Authorities
 and members, during the year under review.
 
                                       For and on behalf of the Board
 
                                          KAMALPARIHAR  TUSHAR MISHRA
  
                                             Director       Director
 
 Place : Gummidipoondi 
 
 Dated : 28.5.2012