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Arihant Superstructures Ltd.

BSE: 506194 | NSE: ARIHANTSUP |

Represents Equity.Intra - day transactions are permissible and normal trading is done in this category
Series: EQ | ISIN: INE643K01018 | SECTOR: Construction & Contracting - Real Estate

BSE Live

Oct 14, 15:59
167.50 -1.35 (-0.80%)
Volume
AVERAGE VOLUME
5-Day
20,273
10-Day
31,468
30-Day
36,929
13,030
  • Prev. Close

    168.85

  • Open Price

    169.00

  • Bid Price (Qty.)

    167.75 (400)

  • Offer Price (Qty.)

    184.00 (105)

NSE Live

Oct 14, 15:58
168.15 -0.75 (-0.44%)
Volume
AVERAGE VOLUME
5-Day
117,188
10-Day
243,341
30-Day
238,456
64,438
  • Prev. Close

    168.90

  • Open Price

    168.85

  • Bid Price (Qty.)

    0.00 (0)

  • Offer Price (Qty.)

    168.15 (50)

Annual Report

For Year :
2018 2016 2015 2014 2013 2012 2011 2010 2008

Director’s Report

The Directors have pleasure in presenting the 25th Annual Report and the Audited Accounts for the year ended on 31st March 2008. BUSINESS PERFORMANCE: Current Year Ended Previous Year Ended 31-03-2008 31-03-2007 (Rs.) (Rs.) Net Profit / (Loss) after Tax 1,884,739 162,802 Profit / (Loss) bought from previous Year (1,725,440) (1,888,242) Net Profit /(Loss) carried to Balance Sheet (159,299) (1,725,440) DIVIDEND : In View order to conserve the resources, the Board of Directors regret to declare any dividend. NAME OF THE COMPANY During the year the name of the Company has been changed from Shaktiman Mercantile Company Limited to Shaktiman Constructions Limited. DIRECTORS : Mr. Satish Karmalkar, Mr. Sureshchandra Tapuriah, Mr. Rajesh Kakani and Mrs. Rachana Kakani Directors of the Company retires by rotation, being eligible, offers himself for re- appointment. FIXED DEPOSITS : The Company did not invite/accept/renew any fixed deposits during the year under review. PARTICULARS OF EMPLOYEES: As required by the provisions of section 217 (2A) of the Companies Act, 1955 read with the Companies (Particulars of Employees) Rules, 1975 as amended vide Notification no. GSR 839 (c) dated 25/10/2000, as there are no such employees. ENERGY, TECHNOLOGY AND FOREIGN EXCHANGE: Details of Energy, conservation research and development activities undertaken by the Company along with the information in accordance with provision of Section 217(e) of the Companies Act, 1956 read with the Companies (Disclosure of particulars in respect of Board of Directors), Rules, 1998 is given in the Annexure. AUDITORS REPORT: The observations of the Auditors in their report, read with noted annexed to account, are self explanatory and therefore do not call for the any further comment and explanation under section 217(3) of the Companies Act, 1956. AUDITORS : M/s J K Lahoti & Co., the Auditors retire at the ensuing Annual General Meeting but being eligible offer themselves for reappointed. The Company has received the letter from Auditors to the effect that their remuneration if made it would be within the prescribed limits under section 224 (1B) of the Companies Act, 1956. Your Directors recommend reappointment of M/s J K Lahoti & Co. as the Auditors of the Company. DIRECTORS RESPONSIBILITY STATEMENT As required under section 217(2AA) of the Companies Act, 1956 relating to the Directors Responsibility Statement, it is hereby confirmed that: 1) In the preparation of the Annual Account for the financial year ended 31st March, 2008 the applicable accounting standard have been allowed along with proper explanations relating to material departures. 2) The Directors have selected such accounting policies and applied them consistently and made judgments and estimates that are responsible and prudent so as to give a true and fair view of the state of affairs of the Company as at the end of the financial year and of the Profit or Loss of the Company for the year under review. 3) The Directors have 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. 4) These accounts for the financial year ended 31st March, 2008, have been prepared on going concern basis. ACKNOWLEDGEMENT The Directors wish to place on records their appreciation of the contributions made by the employees at the all levels, whose continued commitment and dedication helped the Company to achieve better results. The Directors also wish to thank customers, bankers, etc. for their continued support. Finally your Directors would like to express their sincere & whole-hearted gratitude to all of you for your faith in us in your Co-operation & never failing support. For and on behalf of Board of Directors Sd/- DIRECTORS Place : Mumbai Date : 30.08.2008

Director’s Report