The directors have pleasure in presenting the '22nd ANNUAL REPORT' together with the Audited Accounts for the year ended 31st March, 2014.

1.  financial Highlights
                                                        (Rs. in Lacs)
                                             2013-2014      2012-2013

Revenue from Operation and Other Income           1673           1768

Profit/(Loss) before depreciation,                  (2)            61
Interest & Taxes

Depreciation & Amortization Expenses                23             24

Finance Cost                                        34             24

Profit/(Loss) before Taxes                         (59)             3

Provision of Tax/Tax Paid                          (18)             -
(Incl: Deferred Taxation)

Profit/(Loss) after Tax                            (41)             3

Balance brought forward                           (122)          (125)

Balance Carried to the Balance Sheet.             (163)          (122)

During the year the company has achieved gross revenue of Rs 1672 98 Lacs as compare to previous year of Rs.1768.04 Lacs. The company has 2.93 suffered loss of Ra.41.31 Lacs as compared to previous year Profit of Rs.Lacs. company has been consistently trying to capture the local market. It is expected that the company in the near future will do better

3. DIRECTORS

Mr. Satya Prakash Kanodia, Mr. Manoj Goyal and Mr. Pankai Agarwal are Independent Directors of the Company who are liable for retire by rotation as Per old Companies Act, 1956. The necessary resolutions for their appointment as Independent Directors under Section 149 of the Companies Act 2013 and Clause 49 of the Listing Agreement to hold office for a term of 5 (five) Consecutive Years up to 31st March 2019 are contained in the notice for your approval

Mrs. Krishna Gupta is the Director retiring by rotation in pursuance of Section 152 of the Companies Act, 2013 and, being eligible, offer herself for reppointment.

5. COMPLIANCE OF GUIDELINES OF SEBI/STOCK EXCHANGE

We have duly complied with all the guidelines issued by SEBI/Stock Exchange.

6. PARTICULARS OF EMPLOYEES

As there are no employees drawing remuneration more than the limit prescribed under section 217 (2A) of the Companies Act, 1956, and the Companies (Particulars of Employees) Rules, 1975, as amended, from time to time, statement under section 217 (2A) is not required.

7. FIXED DEPOSITS

The company has not accepted any fixed deposits from the public.

8. PARTICULARS REGARDING CONSERVATION OF ENERGY ETC.

Information in accordance with the provisions of Section 217(1 )(e) of Companies Act, 1956 read with Companies (Disclosures of particulars in the report of Board of Directors) Rules, 1988 regarding conservation of energy, technology absorption and foreign exchange earnings and outgo is given in the statement annexed hereto forming part of the Report.

9. INSURANCE

The Company's properties have been adequately insured.

10. DIRECTORS' RESPONSIBILITY STATEMENT

In pursuance to the provision of Section 217 (2AA) of the Companies Act, 1956 your Directors hereby declare

(i) that in the preparation of the Annual Accounts for the Financial Year 2013- 2014, the applicable Accounting Standards have been followed and no material departures have been made from the same;

(ii) that the Directors have selected such accounting policies and applied them consistently and made judgments and estimates that are reasonable and prudent so as to give a true and fair view of the state of affairs of the company at the end of the financial year and of the profit/ Loss of the company for that period;

(iii) that the Directors have taken proper and sufficient care for the

maintenance of adequate accounting records in accordance with the provisions of the Companies Act, 1956 for safeguarding the assets of the company and for preventing and detecting fraud and other irregularities;

(iv) that the Directors have prepared the Annual Accounts on a going concern basis.

11. AUDITORS

M/s. Jain Mittal Chaudhary & Associates, Chartered Accountants (Firm Registration No. 015140N), who retire at the conclusion of ensuing Annual General Meeting, have consented to continue in office, if appointed from the conclusion of ensuing Annual General Meeting till the conclusion of next four consecutive Annual General Meeting subject to ratification of appointment by the Members of the Company at every Annual General Meeting. They have confirmed their eligibility under Section 141 of the Companies Act, 2013 for their appointment as Auditors of the Company.

12. AUDITORS OBSERVATIONS

The auditors observations being self explanatory, have been duly explained in the notes to the accounts.

13. CORPORATE GOVERNANCE

Pursuant to clause 49 of the Listing Agreements entered into with the stock exchange, a separate section on corporate governance and a certificate obtained from the auditors of the company regarding compliance with the conditions of corporate governance are forming part of this annual report

14. ACKNOWLEDGMENT

The directors are pleased to place on record their sincere gratitude to the Government Authorities, Financial Institutions, Bankers, Shareholders Customers, Dealers and Vendors for their continued and valuable co-operation and support to the Company.

The directors express their deep appreciation for the deveted and sincere efforts put in by the members of the team at all levels of operations in the Company during the year. The company feels confident of continued co- operation and efforts from them in future also.

                                       FOR AND ON BEHALF OF THE BOARD

REGISTERED OFFICE
7th K.M. Barwala Road 
Talwandi Rana, Hisar-125 001          
                                   (KRISHNA GUPTA)     (R.C. GUPTA)
Dated : 28/06/2014                  DIRECTOR            WHOLE TIME
                                    DIN-00284849        DIRECTOR
                                                        DIN-00284823