Your directors have pleasure in presenting the 21st Annual Report together with the Audited Statement of accounts for the year ended 31st March, 2014

During the year the Company has earn a profit of Rs. 445073 as agaisnt previous year figure of Rs. 16561144/-

In view of Loss, your directors do not recommend any dividend on equity shares for the year under review

Information pursuant to provisions of Section 217(2A) of the Companies Act 1956 read with the Companies (particulars of employees) Rules 1975 regarding employees not required since there are no employees as at the year end

Your Directors confirm: (i) that in the preparation of accounts for the year ended 31st March, 2014, the applicable Accounting Standards had been followed and there are no material departures; ii) that the selected accounting policies are reasonable and prudent so as to give a true and fair view of the state of affairs of the Company at the year end and of the profit/loss of the company for that year and applied themselves consistently; iii) that proper and sufficient care has been taken for maintenance of adequate accounting records in accordance with the provisions of the Companies Act, 1956 for safeguarding the assets of the Company and preventing and detecting fraud and other irregularities; iv) that the accounts for the year ended 31st March, 2014 are on going concern basis.