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Chokhani Securities Ltd.

BSE: 511742 Sector: Financials
NSE: N.A. ISIN Code: INE583D01011
BSE LIVE 13:41 | 23 Jun 30.90 -1.60
(-4.92%)
OPEN

30.90

HIGH

30.90

LOW

30.90

NSE 05:30 | 01 Jan Stock Is Not Traded.
OPEN 30.90
PREVIOUS CLOSE 32.50
VOLUME 250
52-Week high 35.80
52-Week low 20.10
P/E 7.36
Mkt Cap.(Rs cr) 15
Buy Price 0.00
Buy Qty 0.00
Sell Price 32.55
Sell Qty 900.00
OPEN 30.90
CLOSE 32.50
VOLUME 250
52-Week high 35.80
52-Week low 20.10
P/E 7.36
Mkt Cap.(Rs cr) 15
Buy Price 0.00
Buy Qty 0.00
Sell Price 32.55
Sell Qty 900.00

Chokhani Securities Ltd. (CHOKHANISEC) - Director Report

Company director report

The Members

Your Directors are pleased to present their Twenty Third Annual Report on the workingof the Company together with the audited Statements of Accounts for the year ended 31stMarch 2016.

Current Year March 31 2016 Previous Year March 31 2015
Profit before interest & depreciation 34635207 17962168
Interest Paid - -
Profit before Depreciation 34635207 17962168
Depreciation - -
Profit before Tax 34635207 17962168
Provision for Tax & deferred Tax Assets (4740000) (1308000)
Profit After Tax 29895207 16654168
Balance brought forward 245187885 228533717
Balance Available for Appropriation 275083092 245187885
Extra Ordinary Adjustments - -
Excess / (short) Provision for Tax (1717481) -
Adjustment for prior year - -
Balance Carried Forward 273365611 245187885

Dividend

Directors have not recommended any dividend.

Directors' Responsibility Statement:

Pursuant to Section 134(5) of the Companies Act 2013 the Board of Directors to bebest of their knowledge confirm that –

a) in the preparation of the accounts the applicable accounting standards have beenfollowed along with proper explanations relating to material departure;

b) appropriate accounting policies have been selected and applied consistently and havemade judgments and estimates that are reasonable and prudent so as to give a true and fairview of the state of affairs of the Company at the end of the financial year and of theprofit of the Company for that period;

c) proper and sufficient care has been taken for the maintenance of adequate accountingrecords in accordance with the provisions of the Act for safeguarding the assets of theCompany and for preventing and detecting fraud and other irregularities;

d) the annual accounts have been prepared on a going concern basis;

e) they have laid down internal financial controls to be followed by the Company andthat such internal financial controls are adequate and were operating effectively;

f) They have devised proper systems to ensure compliance with the provisions of allapplicable laws and that such systems were adequate and operating effectively.