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ANKUSH FINSTOCK LIMITED
ANNUAL REPORT 2008-2009
CHAIRMAN'S REPORT
Dear Shareowners,
It gives me immense pleasure to extend a very warm welcome to all the
members of the Company at the 16th Annual General Meeting. I am very
pleased and elated to note the keen level of interest in Ankush Finstock
Limited.
I have great pleasure in sharing with you the highlights of another year
of achievements.
The Company's total turnover is Rs.2,39,96,410/- for the year ended 31st
March, 2009, as compared to turnover of Rs.2,66,07,550/- for the previous
year. Earning per share (EPS) of the Company is Rs.-0.10 as at 31.03.2009,
as compared to EPS of 0.03 for the previous year.
The main activity of the Company is investment and trading in Shares &
Securities. We also made creditable progress in the field of
infrastructure activities.
The Shareholders of the Company will be benefited in long term as Company
has changed its focus from finance and investment business to
infrastructure business.
I would like to express my gratitude to our Board members for their
outstanding support and guidance. I am also grateful to all our
shareholders, customers, suppliers, bankers and employees who have reposed
their trust in us and given us their constant support.
With best wishes,
Yours faithfully,
Place: 27th June, 2009. [BHARAT M. SHAH]
Date : Ahmedabad. Chairman & Managing Director
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