Aruna Hotels Ltd.
|BSE: 500016||Sector: Services|
|NSE: ARUNASUGAR||ISIN Code: INE957C01019|
|BSE LIVE 05:30 | 01 Jan||Stock Is Not Traded.|
|NSE 05:30 | 01 Jan||Stock Is Not Traded.|
Aruna Hotels Ltd. (ARUNASUGAR) - Director Report
Company director report
To the Members
The Directors have pleased to present before you the 54th Annual Report of the Companytogether with the Audited Statements of Accounts for the year ended 31st March 2016.
FINANCIAL SUMMARY OR HIGHLIGHTS/PERFORMANCE OF THE COMPANY
OPERATIONS & PERFORMANCE
As the Company's operations have been suspended the Company was unable to generate anyrevenue for the year under review. The Board of directors of the Company is taking allsteps to revive the Company's operations. The Board of Director is in the process ofdevising an elaborate business plan to restart the operation and seek the members supportand co-operation in order to successfully implement the business revival plan.
As the Company has incurred loss in the year under review the Directors do notrecommend dividend to its shareholders.
TRANSFER TO RESERVES