IND TRA DECO LIMITED
ANNUAL REPORT 2011-2012
I have great pleasure in presenting the 32nd Annual Report of Ind tra deco
Limited for the financial year 2011-12.
This year is the turning point in the Company to commence in the
Infrastructure Development and Real Estate sector. The management has
purchased plots at Palghar in Maharashtra for construction of Commercial
Park and Rowhouses.
There is a decline in the financials of the company as it shifts gears from
trading activities to infrastructure development. Management is viewing
this sector as highly profitable and value creating sector. Promoters are
already well-versed and have rich experience in this sector. Palghar in
Maharashtra is a developing zone. Government has launched several steps to
boost development in this region.
Company has already received advances from prospective clients to the tune
of about Rs. 35 lakhs (Rupees Thirty Five lakhs only) which will further
increase with development over period of time.
The company is determined to evolve itself into an efficient and stronger
organization. Any company's growth is dependent on the trust of its
customers, the hard work, and commitment of its employees and the faith and
continuous support of its investors.
In this endeavor, as always, we would like the continuous support and
patronage of all our stakeholders.
We believe that this is just the beginning of what we envisaged for our
organizational development and evolution.
CHAIRMAN & MANAGING DIRECTOR