You are here » Home » Companies » Company Overview » Shrenik Ltd

Shrenik Ltd.

BSE: 538441 Sector: Others
NSE: SHRENIK ISIN Code: INE632X01014
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

Shrenik Ltd. (SHRENIK) - Director Report

Company director report

To

The Members

Your Directors have great pleasure in presenting the First Annual Report to gather withthe Audited Statement of Accounts for the period ended March 31 2013.

1. Financial Result

(Rs. In Lacks)
Particulars Current Year Previous Year
Sales/Job Charges 5252.01 0
Gross Profit Before Depreciation & Financial Charges 209.84 0
Less : A. Financial Charges 179.69 0
B. Depreciation 1.80
Net Profit before taxation 28.35 0
Provision for Income Tax & Fringe Benefit Tax 7.50 0
Provision for Deferred Tax 1.28 0
Profit after Taxation 18.57 0
Proposed Dividend 0.00 0
Provision for taxation on proposed dividend 0.00 0
Transferred to General Reserve 0.00 0
Surplus Carried to Balance Sheet 19.57 0

2. DIVIDEND

Your directors do not recommend any dividend during the current financial year.

3. FIXED DEPOSITS

The company has not accepted any fixed deposits from public during the year.

4. INSURANCE

Fixed assets of the company are adequately insured.

5. DIRECTORS

Directors are not liable to retire by rotation. There is no change in directors duringthe year. None of the directors are disqualified during the year from being appointed asdirector as per Companies Act 1956.

6. ENERGY TECHNOLOGY AND FOREIGN EXCHANGE

The Board has nothing to report on the matters contained in the section 217(1)(e) ofthe Companies Act 1956.

7. DIRECTORS' RESPONSIBILITY STATEMENT

Pursuant to the requirement under section 217 (2AA) of the Companies Act 1956 withrespect to Directors' Responsibility statement it is hereby confirmed:

8. PARTICULAR OF EMPLOYEES :

The Company had no Employees in category specified under section 217 (2A) of theCompanies Act 1956.

9. DIRECTORS' RESPONSIBILITY STATEMENT

Pursuant to the requirement under section 217 (2AA) of the Companies Act 1956 withrespect to Directors' Responsibility statement it is hereby confirmed:

(i) That in the preparation of the accounts for the financial year ended on 31stMarch

2013 the applicable accounting standards have been followed along with properexplanation relating to material departures.

(ii) That the Directors have selected such accounting policies and applied themconsistently and made judgments and estimates that were reasonable and prudent so as togive a true and fair view of the state of affairs of the Company at the end of thefinancial year and of the profit or loss of the Company for the year under review:

(iii) That the Directors have taken proper and sufficient care for the maintenance ofadequate accounting records in accordance with the provisions of the Companies Act 1956for safeguarding the assets of the Company and for preventing and detection fraud andother irregularities:

(iv) That the Directors have prepared the accounts for the financial year ended 31stMarch 2013 on a going concern basis.

10. APPOINTMENT OF AUDITORS

The Auditors of the Company M/s. Nilesh Desai & Co. Chartered Accountants retireson the conclusion of ensuing Annual General Meeting and being eligible offers themselvesfor reappointment.

11. ACKNOWLEDGEMENT

Your directors are thankful to the Govt of India and the Govt of Gujarat for theiractive support and help your director would like to put on record appreciation and thanksto Bankers for their continuous co-operation and support given by them. Your directorswish to express their appreciation of the help and assistance extended by all concerned.

Place: Ahmedabad On Behalf of the Board
Date: 02.09.2013 Chairman