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Arun Mantex Ltd.

BSE: 514340 Sector: Industrials
NSE: N.A. ISIN Code: N.A.
BSE 05:30 | 01 Jan Arun Mantex Ltd
NSE 05:30 | 01 Jan Arun Mantex Ltd

Arun Mantex Ltd. (ARUNMANTEX) - Director Report

Company director report

ARUN MANTEX LIMITED ANNUAL REPORT 2000-2001 DIRECTORS' REPORT TO THE SHAREHOLDERS The Directors present their Tenth Annual Report, together with Auditors Report, and audited Statement of accounts for the Year ended 31st March, 2001. FINANCIAL RESULTS The Company undertook Labour Work and earned a Revenue of Rs. 37.78 Lakhs. PREFERENCE The Performance of the Company was not satisfactory. All efforts are .being made to revive Operations. DIVIDEND No dividend is recommended in view of the losses. DIRECTORS Shri Vikas A. Makharia, a Director of your Company, retires by Rotation, and being eligible offers himself for re appointment. The board recommend his re appointment. SICK INDUSTRY The Company has become a Sick Industry in view of the losses exceeding the Net Worth. For and on Behalf of the Board of Directors. Sd/- Mumbai. April 12th, 2001. (Vikas A. Makharia) Mg. Director