RENCO GEARS LIMITED
We have audited the attached Balance Sheet of RENCO GEARS LIMITED as on
March 31, 1995 and also the Profit & Loss Account of the Company for the
year ended on that date annexed thereto and report that:
We report that :
(a) We have obtained all the informations and explanations which to the
best of our knowledge and belief were necessary for the purpose of our
(b) In our opinion, proper books of account as required by law have been
kept by the Company so far as appears from our examination of the books.
(c) The Balance Sheet and Profit and Loss Account dealt with by this report
are in agreement with the above books of account.
(d) (i) Note No.2 on Notes on Accounts regarding Gratuity, Provident Fund,
Municipal Tax provision.
(ii) In our opinion and to the best of our information and according to the
explanations given to us the said accounts, read together with notes
thereon, give the information required by the Companies Act, 1956 in the
manner so required and give a true and fair view:
(i) in the case of the Balance Sheet, of the state of affairs of the
Company as at 31st March,1995 and
(ii) in the case of the Profit and Loss Account of the profit for the year
ended on that date.
FOR BHARAT N. PANDYA & ASSOCIATES
BHARAT N. PANDYA
Place : AHMEDABAD
Dated : 20th June, 1995.