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Aikyam Intellectual Property Consultancy Ltd.

BSE: 506822 Sector: Industrials
NSE: N.A. ISIN Code: INE739N01026
BSE LIVE 11:17 | 27 Aug Stock Is Not Traded.
NSE LIVE 05:30 | 01 Jan Stock Is Not Traded.
OPEN 7.10
PREVIOUS CLOSE 7.24
VOLUME 25
52-Week high 7.10
52-Week low 0.00
P/E
Mkt Cap.(Rs cr) 32.73
Buy Price 0.00
Buy Qty 0.00
Sell Price 7.10
Sell Qty 217901.00
OPEN 7.10
CLOSE 7.24
VOLUME 25
52-Week high 7.10
52-Week low 0.00
P/E
Mkt Cap.(Rs cr) 32.73
Buy Price 0.00
Buy Qty 0.00
Sell Price 7.10
Sell Qty 217901.00

Aikyam Intellectual Property Consultancy Ltd. (AIKYAMINTELL) - Director Report

Company director report

DIRECTORS

DEAR STAKEHOLDERS

Your Directors have pleasure in presenting the annual Report together with the AuditedAccounts for the year ended 31st March 2014.

FINANCIAL PERFORMANCE

This year Company has made a loss of Rs.734854/-.

CAPITAL

This year Company has sub divided face value of Equity Share from Rs.10/- to Re.1/-.Subsequent to this Share Capital of the Company is 43598000/- divided into 43598000shares of Re.1/-.

DIVIDEND

In the event of losses the Directors do not recommend any dividend for the year ended31st March 2014.

DIRECTORS

Mr. P.S. Gupta and Mr. Noor Mohammed Khan has resigned during the year. The Board ofDirectors comprise of Mr. Dinesh Kumar Chouhan Mr. Sharad Dadhich Mr. Maksud Khan andMr. Ranjeet Ranjan Thakur.

LISTING

The equity shares of the company is listed at Bombay Stock Exchange Limited.

DIRECTORS’ RESPONSIBILITY STATEMENT

In terms of section 217 (2AA) of the Companies Act 1956 your directors confirm:

(i) that in preparation of the Annual Accounts the applicable accounting standards hadbeen followed;

(ii) that the applicable accounting policies have been consistently followed and thatthey had made judgments and estimates that are reasonable and prudent so as to give a trueand fair view of the state of affairs of the Company at the end of the financial year andof the Loss of the Company for that period.

(iii) that they had taken proper and sufficient care for the maintenance of adequateaccounting records in accordance with the provisions of the Companies Act 1956 forsafeguarding the assets of the Company and for preventing and detecting fraud and otherirregularities; and

(iv) That they had prepared the annual accounts on a going concern basis.

INFORMATION AS PER SECTION 217 (1) (E) OF THE COMPANIES ACT 1956

Your Company has no activity relating to conservation of energy or technologyabsorption. Your Company did not have any foreign exchange earnings or outgo during theyear.

PERSONNEL

None of the employees of the Company is in receipt of remuneration in excess of limitsprescribed under Section 217 (2A) of the Companies Act 1956.

DEPOSITS

Your Company has not accepted any public deposit during the period under review.

MANAGEMENT DISCUSSION & ANALYSIS & CORPORATE GOVERNANCE REPORT

Management Discussion & Analysis and Corporate Governance report forms part of theDirectors’ Report.

AUDITORS

Mr. D.M.Oza & Associates Chartered Accountants Ahmedabad were appointed asauditors of the company for the current financial year and their term of office expires atthe ensuing Annual General Meeting. They being eligible offer themselves forre-appointment.

ACKNOWLEDGEMENTS

Yours Directors place on record their sincere appreciation for the assistance andsupport received to the Company from the Shareholders Consultants and Auditors of theCompany. Your directors express their appreciation for dedicated and sincere servicesrendered by the employees of the Company.

For and on behalf of the board

M.P. POLYPROPYLENE LIMITED

PLACE: Raisen
DATE: September 2 2014 CHAIRMAN

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