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Sanjivani Agro Industries Ltd.

BSE: 519405 Sector: Industrials
NSE: N.A. ISIN Code: N.A.
BSE 05:30 | 01 Jan Sanjivani Agro Industries Ltd
NSE 05:30 | 01 Jan Sanjivani Agro Industries Ltd

Sanjivani Agro Industries Ltd. (SANJIVANIAGRO) - Director Report

Company director report

SANJIVANI AGRO INDUSTRIES LIMITED, DIRECTORS' REPORT To, The Members, SANJIVANI AGRO INDUSTRIES LIMITED, Your Directors Present to you herewith their 7th Annual Report and the Audited Accounts of the Company for the year ended 31st March, 1999. CONSERVATION OF ENERGY The Company's operations do not involve substantial consumption of energy in comparison to cost of production. Wherever possible, energy conservation measures have been implemented at the time of commissioning of the Project. TECHNOLOGY ABSORPTION The Company has neither purchased within India nor imported any technology. FOREIGN EXCHANGE EARNINGS & OUTGO: NIL AUDITOR'S REPORT The comments made by the Auditors are self-explanatory and no further explanation is necessary. SICK UNIT The Company has become a Sick Industrial Company within the meaning of clause (o) of Sub-Section (1) of Section 3 of the Sick Industrial Companies (Special Provisions) Act, 1985 and a reference will be made to the Board for Industrial and Financial Reconstruction under Section 15 of that Act. For and on behalf of the Board Sd/- Place : Mumbai B.K. HIMMATRAMKA Date : 31st May, 1999 Chairman