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Anna Infrastructures Ltd.

BSE: 530799 Sector: Infrastructure
NSE: N.A. ISIN Code: INE336D01014
BSE LIVE 14:37 | 20 Oct Stock Is Not Traded.
NSE LIVE 05:30 | 01 Jan Stock Is Not Traded.
OPEN 9.02
PREVIOUS CLOSE 9.00
VOLUME 761
52-Week high 10.16
52-Week low 8.55
P/E 14.74
Mkt Cap.(Rs cr) 3.25
Buy Price 0.00
Buy Qty 0.00
Sell Price 8.55
Sell Qty 917.00
OPEN 9.02
CLOSE 9.00
VOLUME 761
52-Week high 10.16
52-Week low 8.55
P/E 14.74
Mkt Cap.(Rs cr) 3.25
Buy Price 0.00
Buy Qty 0.00
Sell Price 8.55
Sell Qty 917.00

Anna Infrastructures Ltd. (ANNAINFRASTRUCT) - Auditors Report

Company auditors report

TO

THE MEMBERS OF

ANNA INFRASTRUCTURES LIMITED

Report on the Financial Statements

We have audited the accompanying financial statements of ANNA INFRASTRUCTURES LIMITEDwhich comprise the Balance Sheet as at 31/03/2015 the Statement of Profit and Loss forthe year ended and a summary of the significant accounting policies and other explanatoryinformation.

Management's Responsibility for the Financial Statements

The Company's Board of Directors is responsible for the matters stated in Section134(5) of the Companies Act 2013 ("the Act") with respect to the preparation ofthese financial statements that give a true and fair view of the financial positionfinancial performance and cash flows of the Company in accordance with the accountingprinciples generally accepted in India including the Accounting Standards specified underSection 133 of the Act read with Rule 7 of the Companies (Accounts) Rules 2014. Thisresponsibility also includes maintenance of adequate accounting records in accordance withthe provisions of the Act for safeguarding of the assets of the Company and for preventingand detecting frauds and other irregularities; selection and application of appropriateaccounting policies; making judgments and estimates that are reasonable and prudent; anddesign implementation and maintenance of adequate internal financial controls that wereoperating effectively for ensuring the accuracy and completeness of the accountingrecords relevant to the preparation and presentation of the financial statements thatgive a true and fair view and are free from material misstatement whether due to fraud orerror.

Auditor's Responsibility

Our responsibility is to express an opinion on these financial statements based on ouraudit.

We have taken into account the provisions of the Act the accounting and auditingstandards and matters which are required to be included in the audit report under theprovisions of the Act and the Rules made thereunder.

We conducted our audit in accordance with the Standards on Auditing specified underSection 143(10) of the Act. Those Standards require that we comply with ethicalrequirements and plan and perform the audit to obtain reasonable assurance about whetherthe financial statements are free from material misstatement.

An audit involves performing procedures to obtain audit evidence about the amounts andthe disclosures in the financial statements. The procedures selected depend on theauditor's judgment including the assessment of the risks of material misstatement of thefinancial statements whether due to fraud or error. In making those risk assessments theauditor considers internal financial control relevant to the Company's preparation of thefinancial statements that give a true and fair view in order to design audit proceduresthat are appropriate in the circumstances. An audit also includes evaluating theappropriateness of the accounting policies used and the reasonableness of the accountingestimates made by the Company's Directors as well as evaluating the overall presentationof the financial statements.

We believe that the audit evidence we have obtained is sufficient and appropriate toprovide a basis for our audit opinion on the financial statements.

Opinion

In our opinion and to the best of our information and according to the explanationsgiven to us the aforesaid financial statements give the information required by the Actin the manner so required and give a true and fair view in conformity with the accountingprinciples generally accepted in India of the state of affairs of the Company as at31/03/2015 and its Profit for the year ended on that date.

Report on Other Legal and Regulatory Requirements

1. As required by the Companies (Auditor's Report) Order 2015("the Order")issued by the Central Government of India in terms of sub-section (11) of section 143 ofthe Act we give in the Annexure a statement on the matters Specified in paragraphs 3 and4 of the Order to the extent applicable.

2. As required by Section 143 (3) of the Act we report that:

(a) We have sought and obtained all the information and explanations which to the bestof our knowledge and belief were necessary for the purposes of our audit.

(b) In our opinion proper books of account as required by law have been kept by theCompany so far as it appears from our examination of those books.

(c) The Balance Sheet the Statement of Profit and Loss and dealt with by this Reportare in agreement with the books of account.

(d) In our opinion the aforesaid financial statements comply with the AccountingStandards specified under Section 133 of the Act read with Rule 7 of the Companies(Accounts) Rules 2014.

(e) On the basis of the written representations received from the directors as on takenon record by the Board of Directors none of the directors is disqualified as from beingappointed as a director in terms of Section 164 (2) of the Act.

(f) With respect to the other matters to be included in the Auditor's Report inaccordance with Rule 11 of the Companies (Audit and Auditors) Rules 2014 in our opinionand to the best of our information and according to the explanations given to us:

i. The Company has disclosed the impact of pending litigations on its financialposition in its financial statements.

ii. The Company has made provision as required under the applicable law or accountingstandards for material foreseeable losses if any on long-term contracts includingderivative contracts.

iii. There has been no delay in transferring amounts required to be transferred tothe Investor Education and Protection Fund by the Company.

Sanjay Mehra

LL.B. FCA DISA (ICAI)

Partner

M. No. : 075182

For & on behalf of Mehra Sanjay & Co

Chartered Accountants

F. R. No. : 006381C

Place : Agra

Date : 30th May 2015.

Reports under The Companies (Auditor's Report) Order 2015 (CARO 2015)

CARO 2015 Report on the Financial Statement of Anna Infrastructures Limited for theyear ended March 31 2015.

1) In Respect of Fixed Assets

(a) The company has maintained proper records showing full particulars includingquantitative details and situation of fixed assets.

(b) Fixed assets have been physically verified by the management at reasonableintervals; No material discrepancies were noticed on such verification.

(2) In Respect of Inventory

(a) The management has conducted physical verification of inventory at reasonableintervals during the year.

(b) Procedures for physical verification of inventory followed by the management isreasonable and adequate in relation to the size of the company and the nature of itsbusiness. There is no inadequacies in such procedures that should be reported.

(c) Company is maintaining proper records of inventory. No material discrepancies werenoticed on physical verification.

(3) Loans and advances to parties covered under section 189

The Company has not granted any Loan secured or unsecured to companies firms orother parties covered in the register maintained under section 189 of the Companies Act2013.

(a) N.A.

(b) N.A.

(4) Internal Control in reference to Purchase of Inventory and Fixed Assets and whetherthere is continue failure of Internal control

In our opinion and according to the information and explanations given to us there isadequate internal control system commensurate with the size of the company and the natureof its business for the purchase of inventory and fixed assets and for the sale of goodsand services. During the course of audit We have not observed continuing failure tocorrect major weaknesses in internal control system.

(5) Rules followed while accepting Deposits

No deposits within the meaning of Sections 73 to 76 or any other relevant provision ofthe Act and rules framed thereunder have been accepted by the Company.

(6) Maintenance of cost records

To the best of our knowledge and as explained the Central Government has notprescribed maintenance of cost records under sub-section (l) of section 148 of theCompanies Act for the products of the company.

(7) According to the information and explanations given to us in respect of statutorydues

(a) The company is regular in depositing the undisputed statutory dues includingprovident fund employees 'state insurance income-tax sales-tax wealth tax servicetax duty of customs duty of excise value added tax or cess and any other statutory dueswith the appropriate authorities. No undisputed amounts payable in respect of theaforesaid statutory dues were outstanding as at the last day of the financial year for aperiod of more than six months from the date they became payable.

(b) According to the information and explanations given to us no undisputed amountspayable in respect of including provident fund employees 'state insurance income-taxsales-tax wealth tax service tax duty of customs duty of excise value added tax orcess and any other statutory dues with the appropriate authorities and other undisputedstatutory dues were outstanding at the year end for a period of more than six months fromthe date they became payable.

(c) According to the records of the Company there are no amounts that are due to betransferred to the Investor Education and Protection Fund.

(8) Company which has been registered for a period less than five years and accumulatedlosses are more than 50% of Net worth Reporting of cash Losses

The Company does not have accumulated losses at the end of the financial year. TheCompany has not incurred any cash losses during the financial year covered by the Auditand in the immediately preceding financial year.

(9) Default in Repayment of Loans taken from Bank or Financial Institutions

Based on our audit procedures and as per the information and explanations given by themanagement we are of the opinion that the company has not defaulted in repayment of duesto a financial institution or bank.

(10) Terms for Loans and Advances from Banks or Financial Institutions prejudicial tothe interest of the company.

According to the information and explanations given to us the company has not givenany guarantee for loans taken by others from bank or financial institutions.

(11) Application versus purpose for which Loan Granted

According to the information and explanations given to us the terms loans were appliedfor the purpose for which they were obtained.

(12) Reporting of Fraud During the Year Nature and Amount.

According to the information and explanation given to us no fraud on or by the companyhas been noticed or reported during the year.

Sanjay Mehra

LL.B. FCA DISA (ICAI)

Partner

M. No. : 075182

For & on behalf of Mehra Sanjay & Co

Chartered Accountants

F.R. No. : 006381C

Place : Agra

Date : 30th May 2015.

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