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Blue Cloud Softech Solutions Ltd.

BSE: 539607 Sector: IT
NSE: N.A. ISIN Code: INE373T01021
BSE LIVE 10:49 | 25 Apr 12.94 0.25
(1.97%)
OPEN

12.94

HIGH

12.94

LOW

12.94

NSE 05:30 | 01 Jan Stock Is Not Traded.
OPEN 12.94
PREVIOUS CLOSE 12.69
VOLUME 100
52-Week high 12.94
52-Week low 6.56
P/E 647.00
Mkt Cap.(Rs cr) 27
Buy Price 12.94
Buy Qty 1000.00
Sell Price 0.00
Sell Qty 0.00
OPEN 12.94
CLOSE 12.69
VOLUME 100
52-Week high 12.94
52-Week low 6.56
P/E 647.00
Mkt Cap.(Rs cr) 27
Buy Price 12.94
Buy Qty 1000.00
Sell Price 0.00
Sell Qty 0.00

Blue Cloud Softech Solutions Ltd. (BLUECLOUD) - Director Report

Company director report

1995 ADITHYA AQUACULTURE LIMITED DIRECTORS' REPORT The Directors have great pleasure in presenting the Fourth Annual Report of your Company together with the Audited Balance Sheet of your Company for the year ended 31st March, 1995. PROJECT IMPLEMENTATION The implementation of the project is completed. All the civil works including bunding have been completed. All the Plant & Machinery has been installed. Due to a crop holiday being declared by MPEDA, commencement of commercial production was postponed to July, 1995. However, virus attacks were still prevalent around your company's farm in July, 1995 and hence new methods for avoiding the virus have had to be instituted. This has entailed the delaying of commencement of commercial production to January, 1996. PUBLIC ISSUE During August, 1994 the company went to the public with an issue of Rs.700 lakhs (70,00,000 Equity Shares of Rs. 10/- each) for cash at par. The issue was over subscribed by about 1.47 times and shares were allotted on 02-11- 1994. ADDITIONAL INFORMATION AS REQUIRED U/S. 217(1)(e) OF THE COMPANIES ACT, 1956 (a) Conservation of Energy: The company has not yet commenced commercial production. (b) (i) Research and Development (R & D): No Research and Development has been carried out. (ii) Technology Absorption, adaptation and innovation:- No technology either Indigenous or Foreign is involved. (c) Foreign exchange earnings and outgo: (i) Foreign exchange earnings: Nil (ii) Foreign exchange out go : Nil PARTICULARS OF EMPLOYEES In pursuance of the provisions of section 217(2A) of the Companies Act, 1956 read with the Companies (Particulars of Employees) Rules 1975, the Directors are to report that no employee was in receipt of remuneration of Rs. 3,00,000/- or more per annum Rs.25,000/- or more per month where employed for a part ot the year. DIRECTORS Sri V.Gangadhara Reddy and Sri. I. Fujimoto retire by rotation and being eligible offer themselves for re-appointment. AUDITORS Sri P.MURALI MOHANA RAO, Chartered Accountant, retiring auditor of the Company, being eligible offers himself for re-appointment as auditor of the Company. He has furnished a certificate of his eligibility u/s 224(1 B) ot the Companies Act, 1956. The members are requested to reappoint the auditor and authorise the Board of Directors of the Company to fix the remuneration. PERSONNEL The relations between the management and the staff were very cordial throughout this year. Your Directors take this opportunity to record their appreciation for the co-operation and loyal services rendered by the employees. DEPOSITS The company has not accepted any deposits during the year. ACKNOWLEDGEMENTS Your Directors gratefully acknowledge with thanks the constructive guidance and support extended by various Government Agencies. For and on behalf of the Board ADITHYA AQUACULTURE LIMITED UGANGADHARA REDDY M. SRIDHAR EXECUTIVE DIRECTOR DIRECTOR PLACE: HYDERABAD. DATED: 13th November, 1995.