Kamper Concast Ltd. के निदेशक की रिपोर्ट

Mar 31, 2014

Dear Members,

The directors take immense pleasure to present the company''s audited accounts for the year ended 31st March, 2014.

FINANCIAL RESULTS

Description For the year ended on For the year ended on 31.03.2014 31.03.2013 (Rs.) (Rs.)

Profit & Loss Before Tax Adjustments (5,30,31,967.08) 54572.62

Add/ (Less): Tax Adjustments - -

Profit & Loss After Tax Adjustments (5,30,31,967.08) 54572.62

RESULTS OF THE OPERATIONS

The company has earned a net loss of Rs. 5,30,31,967.08 as against as profit of Rs. 54,572.62 in the previous financial year.

PUBLIC DEPOSITS

During the year, the company has not accepted any deposits under Section 58A of the Companies Act, 1956.

DIVIDEND & APPRORIATIONS

In view of future need & expansion of business the directors have not recommended any dividend for the year under review.

RESEARCH & DEVELOPMENT AND TECHNOLGICAL ABSORPTION

The company has not undertaken any research and development activity in any specific area during the year under review, and hence no cost has been incurred towards same.

As the company is not using any imported technology, no information regarding technology absorption is to be given.

SAFETY HEALTH & THE ENVIRONMNT

The company''s safety, health and environment policy ensures a firm commitment to safety, health and environmental management by making it an integral part of the company''s business strategy.

EMPLOYEE RELATIONS

Employee relations throughout the company were harmonious. The board wishes to place on record its sincere appreciation for the devoted efforts of all employee in advancing the company''s vision and strategy to deliver another record performance.

STATUORY DECLARATION

Information as required in section 217 (2A) of Companies Act regarding particular employees is not given as no employee is drawing remuneration in excess of limit mentioned in the section.

DIRECTORS

In accordance with provision of companies Act, 1956, Sri Mohit Gupta, Director of the company retire by rotation at the annual general meeting and being eligible, offers himself for appointment.

STATUTORY DISCLOSURES OF PARTICULARS.

A. CONSERVATION OF ENERGY TECHNOLOGY & ABSORPTION.

The Company has embarked on a journey to make its operations energy efficient. Continued efforts were applied throughout the company to effect improvement to production process resulting in reducing the consumption of electricity. Practices such as daily monitoring and analysis of the units consumed by the company has lead to reduction in energy consumption.

A statement regarding particulars of conservation of energy is presented as under:-

For the year 2013-14

Power & Fuel consumption :

Electricity (Purchased) Unit (KWH) 32858600

Total Amount (Rs. In Lacs) 154.32

Average Rate per unit 4.70

B ABSORPTION OF TECHNOLOGY

The Company is committed to ''Technological Innovation''.

C. FOREIGN EXCHANGE EARNING AND OUTGO

The company has exposure to foreign earnings.

AUDITORS

The statutory auditor of the company holds office till the conclusion of the forthcoming annual general meeting and is eligible for re-appointment. The company has received notification from them to the effect that their appointment, if made would be within the limit under Section 224(1-B) of the Companies Act, 1956.

Accordingly a resolution is being submitted to the members for the appointment of M/s Singhania Agrawal & Co. chartered accountant and to fix their remuneration for the current year.

AUDITORS REPORT

The observations of the statutory auditors in its report, read with the relevant notes to accounts in Schedule 17, are self- explanatory. With regard to the qualifications to the Auditors Report, no such qualifications were made.

DIRECTORS RESPONSIBILTY STATEMENT

In compliance with section 217 (2AA) of the companies Act 1956, the directors report that,

a) In the preparation of the annual accounts the applicable accounting standards have been followed along with proper explanation relating to material departure.

b) Such accounting policies have been selected and applied consistently and made judgment and estimates that are reasonable, prudent and in the best interest of the company''s business so as to give true and fair view of the state of affairs of the company for the period.

c) The director have taken proper and sufficient care for the maintenance of adequate accounting record in accordance with the provision of the companies Act, 1956 for safeguarding the assets of the company and for preventing and detecting fraud and other irregularities.

d) The directors have prepared the annual accounts on a going concern basis.

ACKNOWLEDGEMENT

The Board of Directors thanks the Company''s, vendors, bankers and business associates for their support and assistance. The Company also expresses its gratitude tom the various Government Departments for their wide stretched help and co-operation in the successful running of the business.

The Board places on record it''s appreciation to all the employees for their dedicated service. The Board appreciates and values the contributions made by every member and are confident about the continuing support will achieve the objectives and emerge stronger in the coming years.

For and on Behalf of the Board of Directors Place: Patna Dated: 21st August 2014

CHAIRMAN

---

Mar 31, 2013

Dear Members,

The directors take immense pleasure to present the company''s audited accounts for the year ended 31st March, 2013

Financial Results

Particular Current Year Previous Year (2012-13) (2011-12) (Rs.)

Profit & Loss Before Tax Adjustments 54,572.62 (3,03,78,124.92)

Add / (Less): Tax Adjustments

"Profit & Loss After Tax Adjustments 54,572.62 (3,03,78,124.92)

RESULTS OF THE OPERATIONS

The Board has pleasure to inform that the company has earned a profit of Rs. 0.54 lacs as against profit of Rs. 107.13 lacs in the previous financial year before exceptional, extra ordinary items and tax.

PUBLIC DEPOSITS

During the year, the company has not accepted any deposits under Section 58A of the Companies Act, 1956.

DIVIDEND & APPRORIATIONS

In view of future need & expansion of business the directors have not recommended any dividend for the year under review.

RESEARCH & DEVELOPMENT AND TECHNOLGICAL ABSORPTION

The company has not undertaken any research and development activity in any specific area during the year under review, and hence no cost has been incurred towards same.

As the company is not using any imported technology, no information regarding technology absorption is to be given.

SAFETY HEALTH & THE ENVIRONMNT

The company''s safety, health and environment policy ensures a firm commitment to safety, health and environmental management by making it an integral part of the company''s business strategy.

EMPLOYEE RELATIONS

Employee relations throughout the company were harmonious. The board wishes to place on record its sincere appreciation for the devoted efforts of all employee in advancing the company''s vision and strategy to deliver another record performance.

STATUORY DECLARATION

Information as required in section 217 (2A) of Companies Act regarding particular employees is not given as no employee is drawing remuneration in excess of limit mentioned in the section.

DIRECTORS

In accordance with provision of companies Act, 1956, Sri Vinod Kumar Keshri, Director of the company retire by rotation at the annual general meeting and being eligible, offers himself for appointment.

STATUTORY DISCLOSURES OF PARTICULARS.

A. CONSERVATION OF ENERGY

The Company has embarked on a journey to make its operations energy efficient. Continued efforts were applied throughout the company to effect improvement to production process resulting in reducing the consumption of electricity. Practices such as daily monitoring and analysis of the units consumed by the company has lead to reduction in energy consumption.

B ABSORPTION OF TECHNOLOGY

The Company is committed to ''Technological Innovation''.

C. FOREIGN EXCHANGE EARNING AND OUTGO The company has exposure to foreign earnings.

AUDITORS

The statutory auditor of the company holds office till the conclusion of the forthcoming annual general meeting and is eligible for re-appointment. The company has received notification from them to the effect that their appointment, if made would be within the limit under Section 224(1-B) of the Companies Act, 1956.

Accordingly a resolution is being submitted to the members for the appointment of M/s Singhania Agrawal & Co. chartered accountant and to fix their remuneration for the current year.

AUDITORS REPORT

The observations of the statutory auditors in its report, read with the relevant notes to accounts in Schedule 17, are self- explanatory. With regard to the qualifications to the Auditors Report, no such qualifications were made.

DIREaORS RESPONSIBILTY STATEMENT

In compliance with section 217 (2AA) of the companies Act 1956, the directors report that,

a) In the preparation of the annual accounts the applicable accounting standards have been followed along with proper explanation relating to material departure.

b) Such accounting policies have been selected and applied consistently and made judgment and estimates that are reasonable, prudent and in the best interest of the company''s business so as to give true and fair view of the state of affairs of the company for the period.

c) The director have taken proper and sufficient care for the maintenance of adequate accounting record in accordance with the provision of the companies Act, 1956 for safeguarding the assets of the company and for preventing and detecting fraud and other irregularities.

d) The directors have prepared the annual accounts on a going concern basis.

ACKNOWLEDGEMENT

The Board of Directors thanks the Company''s, vendors, bankers and business associates for their support and assistance. The Company also expresses its gratitude torn the various Government Departments for their wide stretched help and co-operation in the successful running of the business.

The Board places on record it''s appreciation to all the employees for their dedicated service. The Board appreciates and values the contributions made by every member and are confident about the continuing support will achieve the objectives and emerge stronger in the coming years.

On behalf of the Board

For Kamper Concast Limited

Place: Patna

Dated: 21st August 2013 Managing Director

---

Mar 31, 2010

The directors take immense pleasure to present the companys audited accounts for the year ended 31st March, 2010

Financial Results

Particular CurrentYear Previous Year

(2009-10) (2008-09)

(Rs.) (Rs.)

Profit & Loss Before Tax Adjustments 52,39,801.83 (10,37,124.77)

Add / (Less): Tax Adjustments (3,08,145) (69,972.00)

Profit_& Loss After Tax Adjustments 49,31,656.83 (11,07,096.77)

RESULTS OF THE OPERATIONS

The Board has pleasure to inform that the company has earned a net profit of Rs. 49.31 lacs as against as loss of Rs. 11.07 lacs in the previous financial year.

PUBLIC DEPOSITS

During the year, the company has not accepted any deposits under Section 58A of the Companies Act, 1956.

DIVIDEND & APPRORIATIONS

In view of future need & expansion of business the directors have not recommended any dividend for the year under review.

RESEARCH & DEVELOPMENT AND TECHNOLGICAL ABSORPTION

The company has not undertaken any research and development activity in any specific area during the year under review, and hence no cost has been incurred towards same.

As the company is not using any imported technology, no information regarding technology absorption is to be given.

SAFETY HEALTH & THE ENVIRONMNT

The companys safety, health and environment policy ensures a firm commitment to safety, health and environmental management by making it an integral part of the companys business strategy.

EMPLOYEE RELATIONS

Employee relations throughout the company were harmonious. The board wishes to place on record its sincere appreciation for the devoted efforts of all employee in advancing the companys vision and strategy to deliver another record performance.

STATUORY DECLARATION

Information as required in section 217 (2A) of Companies Act regarding particular employees is not given as no employee is drawing remuneration in excess of limit mentioned in the section.

DIRECTORS

In accordance with provision of companies Act, 1956, Sri Vinod Kumar Keshri, Director of the company retire by rotation at the annual general meeting and being eligible, offers himself for appointment.

STATUTORY DISCLOSURES OF PARTICULARS.

A CONSERVATION OF ENERGY

The Company has embarked on a journey to make its operations energy efficient. Continued efforts were applied throughout the company to effect improvement to production process resulting in reducing the consumption of electricity. Practices such as daily monitoring and analysis of the units consumed by the company has lead to reduction in energy consumption.

B ABSORPTION OF TECHNOLOGY

The Company is committed to Technological Innovation.

C. FOREIGN EXCHANGE EARNING AND OUTGO

The company has exposure to foreign earnings.

AUDITORS

The statutory auditor of the company holds office till the conclusion of the forthcoming annual general meeting and is eligible for re - appointment. The company has received notification from them to the effect that their appointment, if made would be within the limit under Section 224(1-B) of the Companies Act, 1956.

Accordingly a resolution is being submitted to the members for the appointment of M/s Singhania Agrawal & Co. chartered accountant and to fix their remuneration for the current year.

AUDITORS REPORT

The observations of the statutory auditors in its report, read with the relevant notes to accounts in Schedule 17, are self- explanatory. With regard to the qualifications to the Auditors Report, no such qualifications were made.

DIRECTORS RESPONSIBILTY STATEMENT

In compliance with section 217 (2AA) of the companies Act 1956, the directors report that,

a) In the preparation of the annual accounts the applicable accounting standards have been followed along with proper explanation relating to material departure.

b) Such accounting policies have been selected and applied consistently and made judgment and estimates that are reasonable, prudent and in the best interest of the companys business so as to give true and fair view of the state of affairs of the company for the period.

c) The director have taken proper and sufficient care for the maintenance of adequate accounting record in accordance with the provision of the companies Act, 1956 for safeguarding the assets of the company and for preventing and detecting fraud and other irregularities.

d) The directors have prepared the annual accounts on a going concern basis.

ACKNOWLEDGEMENT

The Board of Directors thanks the Companys, vendors, bankers and business associates for their support and assistance. The Company also expresses its gratitude torn the various Government Departments for their wide stretched help and co-operation in the successful running of th business.

The Board places on record its appreciation to all the employees for their dedicated service. The Board appreciates and values the contributions made by every member and are confident about the continuing support will achieve the objectives and emerge stronger in the coming years.

For and on Behalf of the Board of Directors

Place: Patna

Dated: 1st September 2010 CHAIRMAN