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Rajkot Investment Trust Ltd.

BSE: 539495 | NSE: | Series: | ISIN: INE176R01014 | SECTOR: Banks - Private Sector

BSE Live

May 21, 16:00
13.12 0.62 (4.96%)
Volume
No Data Available
5
  • Prev. Close

    12.50

  • Open Price

    13.12

  • Bid Price (Qty.)

    0.00 (0)

  • Offer Price (Qty.)

    0.00 (0)

NSE Live

(%)
Volume
No Data Available
  • Prev. Close

  • Open Price

  • Bid Price (Qty.)

    ()

  • Offer Price (Qty.)

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Rajkot Investment Trust is not listed on NSE

Annual Report

For Year :
2013

Director’s Report

The Directors are pleased to submit 31st Report & audited account of the Company for the year ended: 31st March, 20 13. PERFORMANCE: The overall market income for capital segment was not encouraging in the current year. The turnover and profitability of the Company was decreased and the Company has net loss of Rs. (-) 11.34 Lacs in hand. Current Year Previous Year (Rs. In Lacs) (Rs. In Lacs) Turnover 14.42 16.67 Nett Profit/Loss before Tax (-) 11.34 - 5.23 Nett Profit/Loss after Tax (-) 11.34 - 5.23 PUBLIC DEPOSITS: The Company has not accepted any fresh public deposits during the last financial year. In this view, the net position of public deposit as on 31st March, 2012 is NIL STATUTORY STATEMENT: As required under section 217 (2AA) of the Companies Act, 1956 the Directors'' responsibility Statement is enclosed in Annexure to this report. DIVIDEND: Your directors are have not recommend Dividend in view of the loss during the current year DIRECTORS: Shri PARAS K. GHIYA and Smt. SWETABEN P. GHIYA retire from the Board and eligible offer themselves for appointment. CORPOTRATE GOVERNANCE: The Company is legally advised that the provisions of Corporate Governance are not applicable as the paid up share capital of the Company is less then Rs.3.00 Crores. AUDITORS: The members are requested to appoint the statutory auditors. COMPLIANCE CERTIFICATES: Compliance Certificate received from practicing Company Secretary is attached. STATUTORY INFORMATION: The statutory information relating to the conversion of the Energy, Research and Development, Technology absorption and adoption, Foreign exchange earnings and outgo are not relevant to the company as there are no such activities during the year under consideration. ACKNOWLEDGEMENT: Your Directors take this opportunity to express their appreciation for the co-operation of Bankers as well as of the shareholders. For, RAJKOT INVESTMENT TRUST LIMITED MR. P.K.GHIYA MRS. S.P.GHIYA MR. P.M.DESAI PLACE : Rajkot MRS. B.K.GHIYA DATE : 31.08.2013 Directors

Director’s Report