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Relicab Cable Manufacturing Ltd.

BSE: 539760 Sector: Engineering
NSE: N.A. ISIN Code: INE773T01014
BSE 13:45 | 23 May 43.50 -0.25
(-0.57%)
OPEN

43.50

HIGH

43.50

LOW

43.50

NSE 05:30 | 01 Jan Relicab Cable Manufacturing Ltd
OPEN 43.50
PREVIOUS CLOSE 43.75
VOLUME 90000
52-Week high 45.00
52-Week low 24.00
P/E 45.31
Mkt Cap.(Rs cr) 23
Buy Price 39.50
Buy Qty 3000.00
Sell Price 43.50
Sell Qty 12000.00
OPEN 43.50
CLOSE 43.75
VOLUME 90000
52-Week high 45.00
52-Week low 24.00
P/E 45.31
Mkt Cap.(Rs cr) 23
Buy Price 39.50
Buy Qty 3000.00
Sell Price 43.50
Sell Qty 12000.00

Relicab Cable Manufacturing Ltd. (RELICABCABLE) - Director Report

Company director report

To

Dear Shareholders

Your Directors have pleasure of presenting Annual Reports of the Company for the YearEnded on 31-03-2013.

A) FINANCIAL RESULTS:

The salient features of company's operations for the year under review are set outherein below:

Current Year Previous Year
Sales 119717396 157659158
Surplus after meeting all manufacturing and operating expenditure but before depreciation 1377668 2004671
Less: Depreciation 744458 979716
Profit Before Tax 633210 1024955
Provision for Taxation (Including for Deferred Tax) 201379 348684
Net Profit After Tax 431831 676271

Since the Company requires conservation of financial resources the directors have notrecommended any Dividend for the financial year ending on 31-03-2013.

B) EMPLOYEES :

The provisions of Section 217 (2A) of The Companies Act 1956 read with the Companies(Particulars of Employee) Rules 1975 are not applicable as there is not applicable asthere is no employee drawing emoluments more than limits specified in the said section.

C) AUDITORS:

M/S D.K. Vora & Co. Chartered Accountants retires as auditor of the company at theconclusion of ensuing General Meeting. Being eligible they offer themselves forreappointment & you are requested to re-apoint them as auditor and fix theirremuneration.

D) DIRECTOR'S RESPONSIBILITY STATEMENT

Persuant to the requirements under section 217 (2AA) of the Companies Act 1956 withrespect to Directors Responsibilities Statement it is hereby confirmed:

(i) that in the preparation of the annual accounts for the financial year ended 3lstMarch 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 judgement and estimates that were reasonable and prudent so as togive true & fair view of the stale 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 Company Act 1956 forsafeguarding the assets of the company and for preventing and detecting frauds and otherirregularities;

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

PLACE MUMBAI FOR M/S RELICAB CABLE MEG. PVT. LTD.
Date: 28TH AUGUST 2013
DIRECTOR