MANAGEMENT'S DISCUSSION AND ANALYSIS REPORT: Management's Discussion and Analysis Report for the year under review, as stipulated under Clause 49 of the Listing with Stock Exchange in India, is brsented in a separate section forming part of the Annual Report. STATE OF AFFAIRS OF THE COMPANY: FUTURE OUTLOOK: The Company's major focus is to engage in the Business of Manufacturer, producers, Stockiest.and general trading. CHANGE IN THE NATURE OF BUSINESS, IF ANY: There was no change in the nature of business of the Company during the year. FIXED DEPOSIT: As on 31st March, 2015, the Company held no deposit in any form from anyone. There was no deposit held by the company as on 31st March, 2015, which was overdue or unclaimed by the depositors. For the brsent, the Board of Directors has resolved that not to accept any deposit from public. MATERIAL CHANGES AND COMMITMENT, IF ANY, AFFECTING THE FINANCIAL POSITION OF THE COMPANY: During the year under review there were no material change and commitment affecting the financial position of the Company. NUMBER OF MEETINGS OF THE BOARD: The Board met 5 times during the financial year, the details of which are given in the Corporate Governance Report that forms part of this Annual Report. The intervening gap between any two meetings was within the period brscribed by the Companies Act, 2013 |