MOTHERCARE INDIA LIMITED
The Directors have pleasure in presenting their Eighth Annual Report
together with the Audited Statements of Accounts for the year ended March
The Company has been successful in their exports and the export for this
year amounted to Rs. 21.44,700.
Directors Mr. Prakash Ahuja and Mr. R. Kannan retire by rotation in
accordance with the provisions of the Companies Act, 1956 and the Articles
of Association, and are eligible for reappointment.
The Company had harmonious personnel relation during the period under
The Company has deposits within the limits prescribed under section 58A of
the Companies Act, 1956.
PARTICULARS REQUIRED TO BE FURNISHED BY THE COMPANIES (DISCLOSURE OF
PARTICULARS IN THE REPORT OF THE BOARD OF DIRECTORS) RULES 1988:
1. Part A: The energy conservation drive has been taken up as continuous
Part B: Company is using indigenous technology.
2. Earning in foreign exchange during the year under review amounted to
Rs. 21,44,700 and exchange outgo amount to Rs. -NIL-.
You are requested to appoint Auditors for the current year to hold office
from the conclusion of the forthcoming Annual General Meeting until the
conclusion of the next Annual General Meeting and to fix their
remuneration. M/s. M.K. Dandekar & Co., Chartered Accountants, the retiring
Auditors of the Company have expressed their willingness to be reappointed.
Comments of the auditor are covered in the Notes on accounts, which are
Your directors wish to place on record their sincere appreciation for the
cooperation received from the company's shareholders, vendors and customers
For and on behalf of the Board of Directors
Chairman & Managing Director.
Place : Bangalore
Dated : 7th August, 1996.