STELLAR EXPORTS LIMITED
We have Audited the attached Balance Sheet of STELLAR EXPORTS LIMITED as at
30th June, 1995 and the annexed Profit and Loss Account for the period
ended on that date and report that :-
i) We have obtained all the information and explanations which to the best
our knowledge and belief were necessary for the purpose our audit.
ii) In our opinion, proper books of account as required by law have been
kept by the Company so far as it appears from our examination of such
iii) The Balance Sheet and the Profit and Loss Account dealt with by this
report are in agreement with the books of accounts; and
iv) In our opinion and to the best our information and according to the
explanation given to us, the said accounts read with the Significant
Accounting policies and subjects to note No. 6, i.e. non confirmation of
balances of debtors and creditors and other notes thereon, give the
information required by the Companies Act, 1956, in the manner so required,
give a true and fair view :
(i) In the case of Balance Sheet, of the state of affairs of the Companies
as at 30th June, 1995
(ii) In the case of the Profit and Loss Account, of the Profit for the
Period ended on that date.
for K.R. BAPUJI & CO.,
Place : Hyderabad,
Dated : 12th December, 1995.