To, The Members,
 
 The Directors have the pleasure of presenting this 25th Annual Report
 along with the Audited Financial Statements and the Auditor''s Report
 thereon for the Financial Year ended 31st March, 2012.
 
 FINANCIAL PERFORMANCE:
 
 During the year under review, your Company has recorded a gross total
 income of Rs. 9,97,000/- form commercial operations and recorded a net
 loss of Rs.5,65 090/-.
 
 REVOCATION OF SUSPENSION IN TRADING OF EQUITY SHARES:
 
 The Board of Directors of your Company pleasure to inform you that the
 BSE Limited has revoked the suspension in trading of equity shares of
 the Company with effect from June 12, 2012.
 
 DIVIDEND:
 
 Your Directors do not recommend any dividend for the financial year due
 to accumulated losses.
 
 DIRECTORS:
 
 During the year Mr. Santosh Kumar Sahu retires by rotation at the
 ensuing Annual General Meeting and being eligible offers himself for
 re-appointment. The Board recommends for his reappointment.
 
 DIRECTORS'' RESPONSIBILITY STATEMENT:
 
 In pursuance of Section 217(2AA) of the Companies Amendment Act, 2000
 your directors confirm
 
 (i) That the directors in the preparation of the annual accounts the
 applicable accounting standards have been followed along with proper
 explanations 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.
 
 (iii) That the directors had taken proper and sufficient care for the
 maintenance of adequate accounting records in accordance with the
 provisions of this Act for safe guarding the assets of the Company and
 for preventing and detecting fraud and other irregularities.
 
 (iv) That the directors had prepared the annual accounts on the going
 concern basis.
 
 FIXED DEPOSITS:
 
 During the Financial year, company has not accepted any deposits
 falling with the preview of Section 58A of the Companies Act, 1956 read
 with Companies (Acceptance of Deposits) Rules, 1975.
 
 M/s. P.S. Nagaraju & Co., Chartered Accountants, Hyderabad the
 Statutory Auditors of the Company who retires at the conclusion of the
 ensuing Annual General Meeting and being eligible, expressed their
 willingness for re-appointment. The board recommends their
 re-appointment
 
 Du TA Ch the year under review, Board of Directors of the Company in
 its meeting held on February 09, 2012 has appointed M/s Venture Capital
 and Corporate Investments Private Limited, having its registered office
 at 12-10-167, Bharat Nagar, Hyderabad -500 018 as Registrar and Share
 Transfer Agent in place of M/s Sathguru Management Consultants Private
 Limited, Hyderabad.
 
 No employs LA was On Emcee OY to remuneration exceeding the
 limits as specified under the provisions of Section 217 (2A) of the
 Companies Act, 1956, read with the Companies (Particulars of Employees)
 Rules, 1975.
 
 CONSERVATION OF ENERGY, RESEARCH AND DEVELOPMENT, TECHNOLOGY ABSORPTION
 AND FOREIGN EXCHANGE EARNINGS/OUTGO:
 
 We firmly believe that technology is the genesis of innovative business
 practices, which in turn enable the organization to carry out business
 effectively and efficiently. We intend to make investments in
 innovative techniques for this regard.
 
 Energy: The business in which the Company is operating does not require
 large quantities of energy However, wherever possible energy saving
 efforts are made.
 
 Foreign Exchange Outgo : Nil
 
 CORPORATE GOVERNANCE:
 
 A report on Corporate Governance, in accordance with Clause 49 of the
 Listing Agreement with the Stock Exchanges is set out separately for
 the information of the shareholders.
 
 ACKNOWLEDGEMENTS:
 
 Your Directors take this opportunity to record their appreciation for
 the continuous support and co- operation extended by the customers and
 bankers. The Directors also acknowledge the confidence reposed by the
 investors and shareholders in the Company.
 
 
 
                                     For and on behalf of the Board
 
 Hyderabad          
 
 August 14, 2012                                                SD/-
 
                                                 Santosh Kumar Sahu
 
                                                           Chairman