200312 - Quarter 3

Status of Investors Complaints for the quarter ended December 31,
2003

Complaints pending at the beginning of the quarter Nil

Complaints received during the quarter Nil

Complaints disposed off during the quarter Nil

Complaints unresolved at the end of the quarter Nil


1. These Financial results were taken on record by the Board of
Directors in their meeting held on
Thursday, January 31, 2004.

2. Provision for taxes if any will be made at the end of the year.

3. Since there is only one segment, segment report is not applicable
to the Company.


Naresh R Bajaj
Whole Time Director