You are here » Home » Companies » Company Overview » Kandhari Rubbers Ltd

Kandhari Rubbers Ltd.

BSE: 530603 Sector: Others
NSE: N.A. ISIN Code: N.A.
BSE LIVE 05:30 | 01 Jan Stock Is Not Traded.
NSE 05:30 | 01 Jan Stock Is Not Traded.
OPEN
PREVIOUS CLOSE
VOLUME
52-Week high 0.00
52-Week low 0.00
P/E
Mkt Cap.(Rs cr) 0
Buy Price
Buy Qty
Sell Price
Sell Qty
OPEN
CLOSE
VOLUME
52-Week high 0.00
52-Week low 0.00
P/E
Mkt Cap.(Rs cr) 0
Buy Price
Buy Qty
Sell Price
Sell Qty

Kandhari Rubbers Ltd. (KANDHARIRUBBERS) - Director Report

Company director report

DIRECTOR

Your Directors have pleasure in presenting the Twenty Seventh Annual Report togetherwith the Audited Accounts for the financial year 31st March2013.

FINANCIAL RESULTS:

(Rs.in Lacs )
2012-2013 2011-2012
1. Sales/ Other Receipts 01.77 19.31
2. Gross Profit /(Loss) 00.00 (04.50)

DIRECTORS:

In pursuance of the provisions of the Companies Act 1956 and Articles of Associationof the Company Shri. K L Arora retire by rotation and eligible forreappointment..

INSURANCE:

All properties of the company including Building Plant & Machinery Equipment& other Assets wherever necessary and to the extent required have not been insured asAssets were illegally possessed and sold by the FI's . Your company had Challenged thesale by FFs through writ before Honrable RHC Jodhpur .

INDUSTRIAL RELATION:

Industrial relations during the year under consideration have been cordial. TheManagement will always value & cherish the devotion & commitment demonstrated byloyal employees at all levels.

PARTICULARS OF EMPLOYEE:

The Company has no employees whose salary exceeds the limit prescribed under thesection 217(2A) of the companies Act 1956. Hence information required to be given underthe said section read with Companies (Particulars of Employees) Rules 1975 as amendedw.e.f. April 17 2002 has not been provided in this report.

DIRECTOR'S RESPONSIBILITY STATEMENT:

As required under section 217(2AA) of the Companies Act 1956 your Directors confirmthat:

1. In preparation of the Annual Accounts applicable accounting standard have beenfollowed with proper disclosure of any departure.

2. The accounting policies are consistently applied and reasonable prudent judgmentand estimate are made so as to give a true and fair view of the state of affairs of thecompany at the end of financial year.

3. Proper and sufficient care has been taken for the maintenance of adequate accountingrecords in accordance with the provision of the said Act for safe guarding the assets ofthe Company and for preventing and deducting fraud and other irregularities.

4. The Annual Accounts have been prepared on a going concern basis.

CORPORATE GOVERNANCE:

Pursuant to clause 49 of listing agreement with the Stock Exchanges. ManagementDiscussion & Analysis Corporate governance Report and Auditor's Certificate regardingcompliance of the conditions of Corporate Governance are made a part of this AnnualReport.

LISTING :

The equity shares of the Company are at present listed with the Stock Exchange MumbaiThe Stock Exchange Ahmedabad The Stock Exchange Jaipur- Delhi Stock ExchangeAssociation Limited New Delhi.

AUDITORS:

The auditors M/s C.K. Jagetia & Co. Chartered Accountants Udaipur retireat the ensuing Annual General Meeting and are eligible for re-appointment.

CONSERVATION OF ENERGY / TECHNOLOGY ABSORPTION AND FOREIGN EXCHANGE EARNING AND OUTGO :

The information relating to conservation of energy Technology absorption and ForeignExchange earning and outgo as required under section 217(1 )(e) of the Companies Act 1956read with the Companies ( Disclosure of particulars in the report of Board of Directors )Rules 1998 is annexed here to and forms part of the report.

ACKNOWLEDGEMENT:

The Directors wish to place on record their appreciation for the co-operation receivedfrom shareholders valued customers and deeply appreciate the commitment and dedicationof employees at all levels.

ANNEXURES TO THE DIRECTORS' REPORT FOR THE YEAR ENDED 31.03.2013:

Information in accordance with section 217(l)(e) of the Companies Act 1956 read withCompanies (Disclosure of particulars in the report of Board of Directors) Rules 1988 andforming part of Director's Report:

1. Conservation of Energy : The Company is making all round efforts forconservation of energy. To reduce the cost energy efficient equipments were used and theeffect of the same has been felt. Total energy consumption per unit of production asprescribed in form 'A' .

POWER AND FUEL CONSUMPTION:

CURRENT YEAR 2012-13 PREVIOUS YEAR 2011-12
1 Electricity
a) PURCHASED N.A N.A
Units
Total amounts (in lac)
Cost/unit (in Rs)
b) Own generation
Through Diesel Generator (in lacs) 0.00 0
Units 0 0
Unit per litre of diesel oil 0 0
Average Rate/Litre (Rs) 0 0
Average Cost/unit (Rs) 0 0
2. LDO
Quantity (K Litre) Nil Nil
Total Amounts (Rs in lacs) Nil Nil
Average Rate (Per litre) Nil Nil

2. TECHNOLOGY ABSORPTION:

EFFORTS MADE IN TECHNOLOGY ABSORPTION AS PER FORM-B OF THE ANNEXURE TO THE RULES:

1. RESEARCH & DEVELOPMENT (R&D):

a) Specific area in which R&D carried out by the Company: None

b) Benefits derived as a result of the above R&D: Not Applicable

c) Future plan of action: Efforts are aimed at cost reduction improvement in quality.The benefit of this will of course be visible in the years to come.

d) Expenditure on R&D: NIL

2. TECHNOLOGY ABSORPTION ADOPTION AND INOVATION :

Not Applicable.

3. FOREIGN EXCHANGE EARNINGS AND OUTGO :

a) Activity relating to exports initiative taken to increase export market for productsand services and export plan.

b) The company continues to make Export marketing & survey.

(Rs. In lacs )
Current Previous
Year Year
2012-13 2011-12
Foreign exchange earned 0.00 0.00
Foreign Exchange out go 0.00 0.00

 

For & on behalf of the Board
Place: Udaipur
Date: 25.08.13 sd
(Harish kandhari)
Mg. Director