SUBHAKTI TEXTILES LIMITED
Your Directors have pleasure in presenting the 8th Annual Report together
with Audited Accounts of the Company for the year ended 31st March, 1995.
The Company's Operations during the year have been quite satisfactory.
Company has achieved total sales of Rs. 3463.34 Lacs and Net Profit of Rs.
Your Directors have declared a dividend of Rs. 1.50 per Equity Share of Rs.
10/- each (Subject to deduction of tax at source for the year).
Mrs Sushma A. Gupta and Mr. Shivkumar Poddar Directors of the Company
retires by rotation and being eligible offers themselves for re-
The Company has not accepted any Fixed Deposits from Public u/s 58 A of the
Companies Act, 1956 and the rules made and framed thereunder.
M/s Motilal & Associates, Chartered Accountants, Bombay retire at the
conclusion of the 8th Annual General Meeting and are eligible for re-
PARTICULARS OF EMPLOYEES
Information pursuant to Section 217 (2A) of the Companies (Particulars of
Employment) Rules, 1975 as amended by the Companies Act, 1988 is not
applicable to the Company as no employee was drawing salary of Rs. 12,000
per month if employed for the part of the year and Rs. 1,44,000/- if
employed for the whole year.
Your Directors wish to place on record their appreciation for the support
and co-operation by the Bankers, Executives and Staff of the Company.
ANNEXURE TO THE DIRECTOR'S REPORT
Information as per Section 217 (1) (e) of the Companies Act, 1956 read with
Companies (Disclosure of particulars in Report of Board of Directors) Rules
1988 and forming part of the Directors Report for the year ended 31st
(A) CONSERVATION OF ENERGY :
Total energy consumption and energy consumption per unit of production is
given in the prescribed form.
FORM - A
Form for disclosures of particulars with respect to conversation of energy.
(a) POWER AND FUEL CONSUMPTION
Current Year Previous Year
a) Purchased Units (KWH) 17,23,394.00 11,71,946.00
Total Amount 36,19,128.00 24,61,087.00
Rate per Unit (Rs.) 2.10 2.10
b) Own Generation
1) Through Diesel Generator
Purchase Units (Ltrs.) 1,50,654.00 15,261.00
Total Amounts (Rs.) 10,66,627.00 97,365.00
Rate per Unit (Rs.) 7.08 6.38
2) 1) Through Steam Generator NIL NIL
2) Coal N.A. N.A.
3) Furnace Oil N.A. N.A.
a) H.S.D. N.A. N.A.
b) L.P.G. N.A. N.A.
c) Kerosene N.A. N.A.
B) CONSUMPTION PER KILO GRAM OF PRODUCTION :
Product : Texturised & Twisted Yarn
Unit : Kg 11,89,030.00 8,94,877.00
Electricity (KWH) 3.04 2.85
Diesel (Ltr.) N.A. N.A.
Furnace Oil N.A. N.A.
Coal N.A. N.A.
H.S.D. (KL) N.A. N.A.
L.P.G. (KL) N.A. N.A.
B) TECHNOLOGY ABSORPTION
Research and Development : No Research and Development work has been
carried out by the Company and therefore, there is no expenditure on this
head, nor any benefit arrived from it.
For and Behalf of the Board
Place : Bombay.
Dated : 20th September, 1995.