Sixteenth Annual Report 2009-10 - Bombay Stock ExchangeU8il. C8ncer R!sean::I'l lklil5 1il:l!l>tl1l...

32
Sixteenth Annual Report 2009-10 r .... 1 "W Senbo Industries Ltd.

Transcript of Sixteenth Annual Report 2009-10 - Bombay Stock ExchangeU8il. C8ncer R!sean::I'l lklil5 1il:l!l>tl1l...

Page 1: Sixteenth Annual Report 2009-10 - Bombay Stock ExchangeU8il. C8ncer R!sean::I'l lklil5 1il:l!l>tl1l 1lC. In8lldIlIor. lhe I!oItd_

Sixteenth Annual Report 2009-10

r

1 W

Senbo Industries Ltd

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Corporate Profile

ftilJAl RHORI Board of Directors 2009 shy

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bull lu~ WS ~0WI0WltS amp Owlnd~ aAuillnoleun_1NlI Idd uIcI_0lIfWIilIn ol1laquout~ lit gntso d nm GerIIlaI tldltrwBullol~tlb-

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-1 AUEUBER ENTmED TOAmNJAKJ YOTEAT TI-E lllEETHG IS ALSO ENTInEO TOAProM APROXY

TO AmNDNfJ OTE INSTEAO OIF ~I tERSElF AN) ne PROXY tEED NOT BE AUEUBER OF nECl)ItgtIlNYTHE~~THEPROXYSHOlLOHOWEVERBEOEPOSITEO ATTHE

REGISTUlED OFfCEOF TIE(XUlolNY DlIY CCMLEtED HOT LpoundSS THNlt 8 HOURS BEFeRE TliE caampIE~ OIF THE loEETH3

2 The~ol bullbullISlInoT8uuIld~_~on16r1dayolSElbull 21110tl22NldlyolSocAlilbull 2010 balhoia)s~

3 ibbl__hoIdIlg fQlIf SIoonsIldenIcaIOldrol_agt _tIIou~Qi d tl_tl eurnptl~tlCDlSUklilelheirtoldilgtgsagtlftI 1 fIcing or- Itrysalluml can aaiI of1hll1lCllT ~ bylblllliig Palm hio2B ollie CuIr(lIO ClotII Gooeobullbullbulloeorl) GeneIiII RJJei Furmi 1956 the~ u iIs RajAa ampSlshyT Agra IlIri F be madeaoIatile 00 i8QUMl ~ case of s1ae$ held dIrnil -tlbebdglld Debullbullmiddot~

5 i _ Q I tl ~ toll~I~~ -oog ReportaldArnlII =tuIIli 1811 da)S bebe IPle ~~ -II k1-b11Ma~~ to keep the Ito1Wy

1

emEf PROFU OF n eDIRfCTORS SfElONG RE-APPOINTMENT AT THE ANNUAlGENERAl MEETING

requndlllderIJItIlgAgo_(IIe~clDredorsflnlPOSltDtlere-appoalledgwenoelaw

1 sm CSDadvy 75llIvaarallII BcmI SIIIOlcuIvyi$agrao1l8le Ilrle~~~ _1Ild bull 1IIo FtIbo d ~ d Ctc amp Wo1ltsAaarQrG ncliI Hehas ~ d ~51I c~_damp9_i~ 5-1 T Trrberll$weI_1ioIIand ~HeIlIovaOwlNllalSllrblEl9_ioog~_

2 Or ~ 01 IgICl 53-sis tellS rod a fIlIdd Caociclgisl He tB h9l eiipelOlu rneciaI l utllOf_rn-n~oIAodlCuf1 11Rl1lsomerrtlerd ~Coo= IlUhnothaldngl)jiCb cIltlIhIr~

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2

DIRECTORS REPORT Tho_~ YOII OirecOfS present Ihet5gtltteenll1 AIIlUaI repor1 00ee bus-ess andopmlioos oIlhe~ togellerd lhlI FnarolII reWt1lor lhlI ended 3sIUan1I201 0

FlNotXCIAl IlESULTS

~ ProfIt (loss) belorc f nance Chargcs ~amp IIems 101 aIaIlId b cpei ( 1 65 middot~1 112032)

Firlarlce~ (0t51 (158 )

(1607Z) 1138221-Wnte 011 (6 ~Z) (OOr)

Netaprl PllIIlL=) 13m (26019)

Other NO 0perlJlirlg lgtcome ~

Net PltI6I(LossI (330 541 (25111)

Al1fuImenl rtlabrlg 0 ~ yea 283 (090)

Aafrd3l81 (Loss) btaJghI otwyenll 123S1ampt) 121 3183)

23831gt4Loss olIlied forward 0 Balance secthecl --_ -- ---

tn view of hoge3aJmulaled OSS yQIJI oseeees do not ~ paymentol OMlendb lhlIlyenand lor5mIar reascn no poMsonlorIrccne Ta illS teen mode

OPERATING PERFORMANCE CIurorQ the lWgtlniaI lyen _ raIincing ~ concernil1 ~ ltoduclion ~ made ~

prodution 00Trial Run basis as sta~ ed Out 01 1570J(froducIMateliaIsOi) 2~7laquo -- be odd

mn-l aI muIgt _ IIIeprockJdioo COSl This demortsltaled thatNrIUlaclumg of IVFklids 00COIllIllefCiaI bislS I3S

00 lorq(f VJable ilOO was leadiogtil ll incfea9 1osses

RENOVAOOMOfIilACHINES The ony prodocirg machine -8otteI Pact 360 inporled from RorrJTlSlag ~ German 1996 his beer MeIaI F~ and SlOlZ lrec)lendyo03l lllililil heav) ~ Spares are notreIldily avldatieWld ~ takes45 1060 r1ays timlI10 geldeliIefflj Jrom fWeculIly 0I~ Melt renovatIOn of the mactWIe he ~ 1OCllt SlIIPS of tilher 0l0l1 ~ l)I Wjj~ b8sIS or ~~ Since ~ and seIlIlg was nnrhm _ _ ~~lI til to OIotgt1 reIlIlDMlIop1h some esEd partIeS Iilte Fresenils Baxler E Bltawn _0Ihen l)I Wwld~11

~ laded cecase 01 lOIWIIoltcl1irltj 01 pnce llgt]e1llel OTth irm WTlmitnents lUfIl b mIfOnJITI lIlyof prorladJon Hence ~ _ 00 0Iher~ bullllake a decision 10 seIthe ntra1IeI1OlS Ftid ~

~ SALE Of ASSETS The Canpa1y beori 8 loss tIIabng unrI reecs reslrIcIlIIng of Its busrness TheCompany~ ~ IIugo amountaf -ecuea lOin II 000lltS

3

bull -----------~~~-==~

SIlcetheBoW is ~ _ ines clWsiless t al ilImeetilgheldan 151ha-y 2010 dIOOect Uljel1O jCU apptMII10501111Iese ranster orlllheroisoedispose of the I V FkIid IIIalIJfadYfing rracl1inelties andother _ or the Company elttIer whcleor part ill til Silid meeting 1Ile Board decided 1D- pi consenlllWJVlll lIIltlIlt SCdclltI 293(1~ a111gte Coo i kt I166by _ dSpoocial IdJIicII ~ he Ilcordri DrecIDrs of he ~ b _ lease IraOSIef or cItllIi 1is8 disllCSe cIhe or sullslaMally the whol8 or pertof lI8 CompanISassets mere spedfica~ siIuated e lh1 ~nyl acklry et~ Sanarou SIaOan fbad Koikal3-700 1OJlvwodoh ltXlrlSIt1~ dhe SIlaidddei$ has__ Itrougll poslalbIllcI underS8cbcIl 293( 1~8)

__~ 19VrStleCW kt 19gt6aId ttgtC_ -- ( ~oing o ttl R~ b-1QslaI8iIIcl) Rules 2001 CcnseqiIent tll lhe CXWlsenll ~~ld rem lhe sh8retgtIIclers ltr 17thrlnh 2010ee Ibanj fIIIIiakgtj SiledlVFlud maruIlIdlmg~ Th8 tmd~havl ~Illlergt - usecllD pill cI partll itsomeandkm

FlffiJREPLANS

In _dd8cislcndbnnging Iroes ofbullness 8 runbero allemati16 are lJIIller~ ~indoItIes ttjng

~ hospiQIb Medical Call Unit IleaI1h proj8clS E~ Cft U8il C8ncer RseanIl lklil5 1illlgttl1l 1lC In8lldIlIor lhe IoItd_ also iJIolt_1o oppIyfor- ltnIlfogI lbjocI0 o1M Uemnndum ofAssociatJoo Ilrany olh8rltablevenblIe and~ ne=sary a~ oIlI8rdeosicn 10 Iieve the~ny from iI$huge iabi~es bull IrILNAGEIIENTOISCUSSlON ANJAHALYSIS

I INOOSTRVSTRrJCTUHpoundAftODEVELOPtIEIfTS Oncelhe lnlj8cfis ideo iCfiedt be possoIIle 10 dlscussbolhSlnCnand de I I ~ orthePcjacI

2 OPPORT1JNmESAHOTHREATS

T1lele arenllO)~ for Pi 10_ PIds tlanagoomenl is rneIoirrJ 8 ~ sLltI) on 5ldI - prqets SeIecbon gf a Irqefl is Ihoays $ItIjed lD lillting risk A Projecl RepoIl exp(lSe some ~ am lhrlIlIIs Sim~ ~ y impiementatiDll ofIheProject largely cle(lends01 a numbeI ItiXIi iIiiQeioies

1 SEGJlENT-MSfPROOUCl-IMSEPf1lF()RjIAN(f VrM ~ is S8iIIf1Ii a suitable prJjecIkeeping rrondof Itgtpast e+lnc8 lterelue ~mdeo wdorwiseperfonranoedoes not eths

oonOOK The prospects ofIhe CCrnpatry liIyeiy Qepefgtjlo -01 _ poejIot ~

WibiIily1btolMft SMIlS lObe brV4 gtieIoofpntlabe581 Iii d I j)iltJd8tlle orciedshy5 RlSKSI CONCERNS

Tho -01-Company ~ 10l a flIir nl8IllrI d PokC1har aspects or concem ~ pyen CGmpIIry RluIe I jcwd an apptCpf1aI8 projea flning ofttll laid projectrld seiecllon ofalrwgtlDl flIIIlIlI loreocnco cltheprojed

I IIoTFRNAL CCNTROSISTpoundIIS I 1HEIR ADEQUACY Manlenance fi prcper and lllleQuate 5jS1en1 (ll rmmaI cootroI _ hlII all _ ~

proIIlded against lcsIlrom ~ use and lIlalllll ~ in aohnlecl and ded and fIll At oXlen pltogram n ltma1 and ccnIluousAulilreYieW suppIemens tt trtemal cmtngt sysBm 8$ paI pa-08latll8 ~oixJmanleIl pdkiesarid~

7 FWANCSALPERFORIIIANCEWITH ReSPECTTOOPERA71ONAlPBlFORMANCE

Thlllrulme m sale d lriaI pngtdId5 aid ral8 at scrapll9d 10Rs37511cs lUnl tle yearend8d3151 dl2lll0 The Companywtfullda nelopeltatng loIBofRs3 3227 LIes ag-lIt Rs 26019lacs01pr-w YEW

I HUMANRESOURCEampNDUSTRlALRSA7IONS l presanIyoorCompanyte 92 eiklroe on tole ~ Inizet 1118 ~rw and (J)IlrtUJon 01111 e nd IU 0tBl1D - IlKWlIlinarollD ~he quelily01tvnJ SlnlIrd ReIns dln1g tie fRI

shy

~ltlo managenwJlandrlelt-ecardiai YllUCompany 00I1ImIlIlld IIIemIft lIlll heallllandlllllty III Yemployee at its lltodory bypmWtng 24 Ilcurn ~ medical chedlt-ltIP by docb Your CorrIany is aIao ilted to pnJlllOlilg iIlTlOlI9SI its em~ ~ _ ()f~ IXIIiiJcting 01 tanng ~~ i1 onllIr III lCtll5lQm n ~ lie quality 01 its ~wei_ill MSIQ ~andrQIlcaIe i1hemtie need fore1IiC8JlUSl d -as utilibes R ather felOUIllIlS IllIl3Xllllll pmduiMty Your Company provides iee ~ acilities for a yees It $cJnarplt6 TheIjlIc__lIaIo1g accooded liitfll SJPllOIllltheenlfur~1lNivaIrJII- Company ~ ir1 __ rJ ~ rJ pressrc prlXilclion aclNiIiI5 YV ~~ may 00tlSidst reducing IS1lalI sRngIh till0fJll)le0 ie 1aIiG ()f ltleW projod ~lhe Miioeo~ islIIpmenl Ieeli1g a_of r85llesstleSSarnongst E eM

DIRECTORS RESPONSIBILITY STATEMENT a Your~ ~folIcwed Accounting StnarltIsn lllllplteparabon rJ-nlaIAogtmt5 b Yoor 0R0lDrs IWd ~ $IIifl1ltaltlltlng Idcies asrroliOi ldd 11the ~ III flttlulls and sWiied hem

WlSislefllty iIildmade~lS n Ihal are realllllllillen prudeoI saaslD grwe Strueand m_ d stale of s~ olllle Com pan~ SIIIIe m rJ31sl Marth 2010 n 01 ee loss d theCoqIany or Iheyear erdirlg31S1Mardl2010

c Ywr ~ hsve Illlt prtlpll n suffICient en bI fie msntllliJnCll rJ sdecp-lICCltlUIlIoIg1llllnls i1 ~ Iheprovisiorn ollie ~ Act 195ampor ~ lle_ d IheCoo1pany and Jar prllV9I1tingancldelSdl frnud and_~

d Your~~peped Ille AMual AcwJnts on s gci1g OOllOllll I)asls _

FIXElllleurolOSlT Dunnglle jM _ jOUlCompany Pla5rdaccepled -ydeposillrom Public

PARTICULARS OFEMPlOYfES SecUl217(2A) at theCollllIloesAct 1956wlIS rd slice tllenI_ no~yeedrawi1qsalaydlmghe yeari1pClS$ dthe SPedfied smon CONSERVATK OF ENERGY TECHNOlOGY ABSORPTlC FOREIGN EXCHANGE EARN INGS amp EXPENDITURE

A CONSERIIATION OFBfERGY 1 -and Feornplion C_Y- iouI-v

Eiodldji WBSEOCL

lt~ 1gtlt875 143593 1757578 Rs Kooh 1224

10671 243670 1n581 bull -- - 2213 Rs 1l Consumption per Untt 01 P-- crrt Yu PrwiouI Yoo

~I-~_ltgt 0shyI - =1

The energy ~ hasalways beefl bull plioily ares forheCompany roo dreclloS are ymuch consaous ()fhe need1crcmservalion0energy lIS onP9 pIIXllSS n 1cr thstpupOSll connaooseIforts n beII msdefor OpllTUll -shy

bull 5

B rrcHNOtOOYABSORI7IOH The Corrgtany iswaiting forlll project 10romeil The~ IIereb IIldeltIake5 trat theedvlolog) 0Ie fIOCl boU-bed ciJrinll ard I Ii aIIer theieJIei Itl ohe pmfICl

C FOREIGN EXCHANGEEARNINGAIDEXPENfHTURE (Amount in IeI

Current Y Previous Year ~

1121m

bull ~

~ AUlnORSMIOAUDlTREPQRT

Mews RaeSh 00aurvedI ampIssocgtatos ChaneredAcoounlantsIe theslatutwy audilorsol theCompyenly whofat bull

lhe lJflllolmng MrlUal Ger ling ond being cOgi)Ie ~1Ilad J iItid bYlle ~Illhigt

Iunlal GeneraI Tha ollservilOOrs cllhe aUlt1lors on Itgteir repolt1 on tie ~s aoount U 2(lQ9l II QOI QJDn ha- been AienlIydislthlaquoI intileNoles MAolttulIIlIftll bm ~orhi AcaulIs iIICl neednolurtheo~

AUDITORS-CERTIFICATE ONCORPOllATE GOVERNANCE

A Qlrtioca frtrn he iI)r ollie Cor(Jany IfI9IIog ~ wilh rae Code d Corpornle Govemance as ipo j -aa-49~IhRLi$tIllgAgr_rt isilllOampedtohis Report

DIRECTORS

SIi C5 ChoudhJry andDr SMillai Chatrnborty DirecIorn relire at thelorthcDmiolg MruaI General ~ and beilg ll9beolItor ~1ot middotltgtwltgtbiC

ACI(NOWlEOGEMENT

YOlIllOlcIDrs Jlace on rlKllfll heIf IIIrJliite IIanllts and dell eaaIoo 10Il1e vanous GoYerrwrent Oeparvrerm 8argtks SIlillenolOer1yenKl~ulhe~foflhelrltgtgtlt1inuppoo1lo ttuo~ ny

For andln behlIlf0fie Board

REPORT ON CORPORATE GOVERNANCE

COIIIPANrS PHILOSOPItYON CORPORATE GOVERNANCE

seee Industres lirroIed IS oommrttIlC I) meoqea dhe ~ ng ~ Inhe WIfCISe of ~ andpUllltlagl red~ L Tha Corqlany is bfIer ccwrrilIIId 10 eflSIlre ccwr1JlIeIKe with the GJde 0 Corxlmte Gaemaoce10eohiloce and proled the iolterestofam f1e sha~5

BOARDOF DRECTQftS

Tt~ compositon 01 the Baard 01 Oiroclors s reglalilltl bot lhe Camlgtanies AD1956 iIICllhe CoJ-rparlys ArIdes 01 Asociam 1M IloBrd oIDlfeclOfs rJ1le ~ _he ShIegic goasbased ontgte ~ oftheCompany __1gt policies ItId0-- t3bntIollllclSe ~ tofaobt ~ lielakingd 5lIillllIIe adiln for atlaOlllelll ofitsgoals

6

AIpresent the composrtioo oItha Board of Directors coosislsofEx 16) DirocIoo SriKajaSengupta the main IIffiIllOter and ItJe Chair ampManaging (ljree1orheadsthe Board SriKajar Sengupla isBSe (Hens)graduate and has 31 years ofvaluable eltpererlCe inhi-1ecI1 OJl1strucliorl and PhalmalteutlCals Ifldugttry No ~ ourrtlypaid tohim The Vice Cman 01 theSoard isSriCSChoudhury SnChoodhury isa ~aduate lIT theCormIeltce Sream lId islro Fellow mcmbet of the lnslrtute 01 Cost 3Worllts ACltXgtlmtanls of India lie has expooence 01 near1y 1M 15) decades vaoou Comp1ns 01 Enggtneenng Cltgtnsuudlon Steel Tea Tm1ber Hotel andPharrnacevlicals Heis due10 rNre by mtalion altld be1ng oIigible oers hi mseIf fltlr rtl-ilPXJinlmerll ill llgte forthoorrmgAAnuai GeIlerID Meeling Sri i(jl19shUk Sengupta is a B~or of Commerce and lias over 16 years e~ in higtgt-t-eeh COItStruCIioo pharmaceuticals andgtoIe industries

Dr Sha ibal Chakraborty MBSS is a repotedcardViogist and hascxperieoce inmedical professm for (NIf wgt (2) decades He is due to retireby rotation and being eIQibIe offers himselllolt ~tmern in theforthcoming Annu1 General Mooting

Sri Pradip KUlllOf ChMvorty e representative ofsmallshareholders ofttleCompanyhasnea~ foor (4)decades01 ~eperience

Dr As hKumar SenguptaMBSSDGO(car)5a reputodmedicalproctiliooer havm9exjJerience eM 2G years AJ DireclOO Other ltlan SoKajltli SenguptaCl1altrman 8 Maraging Director Sri CSChoudll) 1lfJa Chairman and Sri IGngshuk Sengupta alte independelTl DirectorsThe represerrtatioo 011 tle Boord 01 DirocIoo 01 cxecutiw viH-vis ncoshyexewlive Din)(t(l(s is 33 The Company ho rool entered toanymalenel SlQrnflcantrellSadionwithnon-ampXCUlM DOedorsof theCompal

BOARD MEETING

During the yeelt under review fiw lloerdmeetiroJs were held 011 3rd Apnl 15th May29th June 27th July 14th August 30thOdober2009 and 15thJarwry201 O

The lasl Annual General Metm9 01 tile Compo) was hold on23nJ September 2009 The cornposjlion oftheBoard of [)recIon and thr attendance athe Board M ~ng s dum thoyear and athe Annual GeneralMaeu and IIe number 01otherDirectorshipand Boord Commmee MembershipICllairmanslip areasoIIows

UImber ofother Dirodolslip 3Allendance

Comm~ tiershiraquo CbalrrnanslHpName ofOiredors om ~ shy- tlIgt tOp -- --shy-Shri Kajal Sengupta - - lt

Eecutive Director r - r S1lri CS CcYojhury Egteattiw Oiredor Dr- SlIeftWCIiakra~ Independenl

Nm-Egteculive [)rector r 8M KiI1gshuIlt Seogupta -

Non-Execulile Oiroctor r 3 Dr As1sh Kr 5el19upta Independent

Non-Executl~ DIrector r- Shn Pradip Kumar ClIakralCly NcltHXflCltIroe DIreclor r y~

AUDIT COMMIITEE

The Audit Committ rompnse5 at two (21Noll-E-ltecutive0iltecI0rs and one Execuwe Director The nonlXecutl~ Directors being Dr Slaiba Challtralgtor)i Chairman ofAud~ Committee Or Asts1 Kumar Sengupta Ilttrile Shri Kajal Sengltlpta Choirmen 3Managing Di-ecIor is thesoleexewti [)jrectof Dumg theyearunderreview fi Audit Committee meetings were held thedates at those meetings being 3rd ~l 15th May 29thJlflamp 27thJul)

30Ih Ocklber 2009 and l5tl JinJary 2010 TheW ofhe Comn1llee and tileattenlance at the rneelIngs of Comrrotlee ee ~ below

Or SIiIitgtIII Chogtkretgtoltt

SoKajlII SengupIa

Dr AsnISh KltnlrSIr9JPIa

Moaf~_

bull e e

ThelemlSofefeoleandtile~of~ce o1 lheArditCltnmllee incIude shyI Erampmg 00flIllkarre and~eIlitieocl oflllefnll w-nI system as weias ilIemaIlkOl

b RellieWing of ~s fInancaaI perlormamil 81 ~ intervals os til as ~ng of Ihe ~$ RnanoalN(OtIy lIlCISS ond COItUfIV FnaICiaIStatements beIor8 SltltrIIssIon 10 tIlelloatd

C ~soopeandadeQuacyofalltlfu1dions bodlintemalno statrOIY d ~ 01cnbcaI fll1dlngs particUar~le toelebof= t eoorgtOmlZllllon n~ iltJIprtrmg ~and po otllabiily asweiasrelated followJPadJons 1hefeoI

~oIAaxgt111ingSandardsandDildoslnnormsprescnbedunOOrlhe~Acl1956

f Disdosng ofIinni8l ilIooTIaion wl ertSUing its correctness 1UIiaency 0e0i0ltit and rIs oroQ llih SlDdlt ExdIange Regulalbns Eli IoOl as0IherIeg3I requirements

g ReoJoeoding appoilbel l reflQVlI ofexternal~~ olaudrt feesandapprovaj b paymentbOlher seovices rendered byille extemaI auoiIors

h Reviewing fndrgtg ofNlilobsertallOfltS and(Jibcal w ke susperoled rul ororregularity orlamofilIemaI rootroIsystemsand~ sllCh matterslOtlelloard

Re~ of mallers ~atrng to dIarges n ICCCrUlUng polices fIlIlOlt IltXOltlt1bng entries based on eunlsc of judyel ell ransactiortsn dI0irecIcn8Ill dlrlaquoli IlIdrredlyriaesee

~ RevieooWg ofheFnaICiaI andRisgt Management Policies oftie Company

k Revrewing from _ klliIle the Comparly$ SlaIUkIIy and W1tradua1 gt as well as fOOSO1S fur ~

~tany

REMUNERAnotI COMMITIEE

RemJneltaIlon Cornmotlee ~ 01 two -exerullle llitIdDS viz Of ASISh Klmar 5ef9JpIa Dr ShailaI ChaOtaborty and ooeeJecaCiW ()recu viz Shri CS ctwtuyVee Chailmall was blIed by the Board atIts meeD] heldon31slOclobelt 2006 TheCommi lleeis~by OfASISh Kumao ~ TheCorrmitteehBse--ad I01h row kllleIerlrine Ihe terms 01 awonment and rtmuooralion of ExecuM DilOCbs policy on renue-aboo packageoIheExecutMl Difeclorsand 0 inSIttiog leesas pad klllrtecbs lorallending meetiI gtgs oIlhe 80arC or Cormittees theIeof During tle1narOIIl)ampyenooeme~ washeldon 1$111 Ja ry 2010

The arnposrtion oftile CorrvnitIee andIhe allendargtte ofhe II lP ofheCormIittee-areflivel beIcM- _-Dr ASISh Ktrnar Sergupra

Dr~ Chaklltllgtorty

Sri CSChoudIury

-shyChairman

8

SHoREHOLOEfICOmiddot TEE

S1 dlIIos Coull WIUI fA Ine ilClelodoo~ llntrs yenIl- OrAslsh K-rw ~ Or ~ OI8kI tyllld Shies Claduy Va on _lomgted byheBoIItl aI ilsrneettlg ~on 311l~20lllI The c tie -lid Dr - Kumor~ The Iem$fA to fA s wO 01 v- ~ fA

fA IIe Ca__ 111 td we ~ ilt Illd 111

pe1bfAlII ~1lldsrT nclIlloIW ilS __ -clIdIll~ lI~

No fA S1dldlIIos ~lOlir ~

Nod ~ II Nil

GENERAl BODY lIlEETItG

Thelal~ lIIIWlgfA~_PIIIldItSditacl_

1HIlAW

umiddot Sttwillii 2lDI

23 s Jillii 2Xl9

SpKIlIIIR bull ~a I~~ 9S

One(ljSpecgtlll R bull _---e--clnlglhellinler~

No spolOIII-on bull P-IOr ~ fIIIu1l PliI biIlloI b ben

PtollliI e-t1lld W COl Imiddot ry -ar pill Go is II Setu1192AfA Ill Ca_ =L 1li56-c1 Cou_IPiIIiIIIg 0I1lli Igt ton lII PllaIiI bIIkil) ~ 2001 an eBCII WIlt 90anl fA Ondori appQi _ tlr~ -dI PtollliI biIlloI

ceccc bull Duolrlg h _ ng _ II __ ~ Oitean llIl1e

Moo~_o1lhIir bullbullmiddot OfIlllilioo5IralIllglll_~~wl-fAlhiConlpatlyat b Tlwn_ng lllilInceoi non-w lCefA iI)- ~lllIlliC3pltllclnlgIIIIlrne~ald

ee pili bull 0I1hllQs _ ~ on ~ by SIPIr ~ Ill SE8lIlI oe iIalIb) ~ on _1lIIiI8d 111 capIlaI __ clnlg r1asl (31 _Illd euepl uplIiGo n ~oI~s ShIres byS1Ddlt EgtchltIIJ 01 b ~ ~iCEiald ~hnebeen lI n _ tal CCIrr1parly II hopefUfA idla 01 sbove suspetlSIllII at eat dIIe

c n lull Ca_ lIlIolos eqlIo18lS 111 ~ obOul bel acul or suspelgtdeltl hull 01

fIeeanpry-lhDuloI PU

9

I

IIEAIIS Of ~l1OIII

cu _SDt~~~ l~_-ly~reds_

been ~ _ a - toO _ 01 ~lt)w hall ollie ~ ll AampdIelI ~hriI~rdJliShIdhlllI(3)mcnh rJecIo6eoltgteilnaroll)U ~-AIaenomalyputlllshld cnr ~ EnjlIII rei_ 6ongiI6 New i Vlz F ~ I B _ SlIrdiIrII (Englmllrld KaIInIir i PraIicIol I ~ I 0IherSUIIIblI ~ The ~ iss- IIIW5 ~ on 9 ~ COPOsle ~aoo aetiLties Scd1 forrmtion ~acl also beendislUycd from lime ll lime In theColrQao(s Wabllt fWNW~com but such~lioollasbeen madelolsJtulklnal inveslDrsorlolhelnliysts

RlSl MAHAGpoundIlENT

Tha Board oIlllretlors II Is meeti1l hekI 0Il 2nd lUi 200111as loIid- IIlII Rs MiowgGi(yni~

~bpti~IbIlhBoW~IIensllt ertnlbullbull iallllfOC1ns ~riIli bullbullaE_ ~pliC1t Ths~ bull ogli5llt~-nd lIuIrlls d carco-nj middot7 yog

~o- hebogoo _Ile~-b 80 bsl

Tl-onUltIlSb0 0iIfJI~ d-ndp 1-1i _ shy~ Roopcotioog ltiIl

TloeeIilCtllll_ -at-ly~anlllO

oDE Of CONllJCT

nw OooollotIal ~PlIlIdon2lld_2W1 ~CodildCoQclbtoe d~ _ tie lltll 01 Dnlttto-4or E oeo oeo s01SeniorllaoCoftgtlI~ -= _ WI oIoIos

1 To 1d1he 1--d and iOlcirrobOgMms 10 tgtlI~IdIlclneSt)o ~ aIalIy and ~QlI(kJllIllnlsetoes tl 1 lXIUItIlW1 and~ ITllFfIT IIld noI1IM fnptper Idvantltge oflhl~0I1he Dncba 5IlfIIlr~

2 To~wiIh p4ic __noIeoond-middot

3 To Id gcoIlIilh ~ u cn 00~~ and ltifYo wrthtot IiIcJwoJlg lteir deldoi~ jlOjlobullbulltll)lllblldio

C 101d IoerNncealdh~oflhe~

5 To ~ -sr hi - Goglny lIIIIIn _011_III I o-eIat he adl cu iorlle _~ wtcIlleltiQlOid lliJealo -or~hrilSUlI_

5 To lllId III cu- oflb I1ll lelllln of~ toe cone d 5_O-Sw=Ilae-DIIlde--telldloonbIOOpMrS ~_alIIlatIzedor~lOdo1doIJIlldlob --ilrn-og1lle~~-b-__

a AooOO 1SIjjIny1bilt~I-clCIP8JIYOoodros b~gIrIltin_fIIl

LitUIllllillIIbhlCJmpilnys

7

--

9 Nglo_wilIOl 8ClP8dauwd_ DnanIor_IftOIIII_grb~d ~iI wnidIr-ohctar-dncl1lllrlllt

I ItIiP ~ar~~d-1-dIllldwN bullbull txIushyAONbWho-w_ wu_tIlcUd _lldIca__ a-d ed__Ile_ttl_gr $ dariliMl d~arbullbullbullbull 1 pgIicf nlIll1-W-llr IllBowll_ tnne-cl _lgradllCbl o-sw hey-IUd__CD1Ir_oode 1gt10-- u Ccde_Seniarpaw I

GEHERAlSHAREHOlDERIOFORIIATlON A-r~ ~ OngrlRn _Soii _2011 ald 1

C ~ S bIlts ~~SliIonRcamp1 KtMI- 1llIll03

The Carnpaytskm l SAp1l lo31S Ylrdl ~far lrllloMlJIifWSb2111(ll Illd dod ~1ar4tl~erdtlg311lldaJdl2011llIwlildeoedasPlrClluu~1 dLiIlnIlAyw=t _ SUiExctooiglS 0alBooot lIltIsIn ThI dMIs d book drI5uI1I llOll4d be tolIXI d (1) dIys Nt- ltII nell ArnoI ~~

DMOond P- DItt In- dille contnoous loss flcurIed bythe CotrcIony no ~ Ilai been ecollwendd for theyMt 2Q(l9-10 ~ onSlodl ExchMgt~

SIQs d Company nlisllld wdh h Skidlt EcIIyenoges d KoIIIIIIlld MumbIo

Stoclo Codo

) Sbt CaIo d SIot Egtdlengebull tVtlIi

bj S1oc1 CadId SIot ~ Kobto C) oma I$IN

rI hStloj COSlIar Equitybres d ~ 1llpoundl12C(l11l18-- _fIl-golnlg _ O illlxraquo z zrd-tll

q bull w ShM TAgiMt _ _LId D511 llIgn 7lBRll8 Roio1 ~-700001

sw T S-TIIz srehAIIIt-__-~bnl_ poo _Oil ~1 Illd _ lDIl d 15ltiIys b doled IlIOIlIIl ~ bon__bull II fIIIl2stI bull _dSEBl IlJdlIIS CO J lzcIIJd9-T~ l--1lI_ 1IiZIIlnrWbull apICXIlIIIr_tl owh $ dlampijsd lOd 9__01_ ~opISbdemIl~ iD tl

llimil ill DtoixgtsIb Pa (llP) opIiol 01 ~ ThI Dol Pa jjlii z~tliMlIOlIlIair _tlCciroIPWl liang_oil -lopleXl OnleCllPldllW_ ~ dIbullbullwtleilalilwe In_eedDesrDlgdoiIIle IX~despItjes__

--

--

Diol oI Sb Smiddotmiddot~raquol

bull 01 ToaoI SlIiiel C ~ltI 5110 lOll

a 101le 500 501 101000

UlOllO sooo 5001 10 10010 100011020000

a 200011050000

bull llUl01 101 OJ000

bull5

~ 00 00 1IIl r

ss 0 6211

a 00 n oro

O~ 01

bull Q

un

as OIl 11 ~ 2ln

T fo or ToaoI sushysea 0)1

OJgt 1022190

91 an

611655 ~ 169999

~

~

Z~

Z~

~zsoo

1101 SIIoIII S 1gt- of 1M~

_shyshyr-Pluo ~_shy-

shy

Foreq1~r

~IioIHI_s

61~100

lIZl00

sss

- 5

315S2 3394849

210299

-500

41101shy

az

bullbull t s o

100bull One bull jz 01~

ThI_~III~_OOOOP_ (1__29lgt~2O(I-t do ~1ICi9_e NStlOllI51l 2001 n aJSl illI -ltIIrIay 2m1 Tl3sl WitId 201O1le~ll driAzlo~b4 3801Ifot ltlCl8fool

-OUTSTampNDlNG GDR I ADR WARRANTS OR ANY CONVERnlllE INSTRUMENTS CONVERSlOtl DATE-ND lICELY IlPACTON EOlKTY

n~ -1lllI_ 1 GORIADR IWi15 1~ nswmentsanl hence lhn IS eo ~on re E~~aIhI~UIrgtltD oIIbcMOlStlmItlI$

- COCA SertIOhlushstmled KyenbIIL SovlUSIilIol Fad PO ~~ 100 103

ADDRESS FOR COAAESPOMOEMCE Forllnleo del 01 crollorqry -olllhn nlniIIIInrlll8lad laIied 5enbo~lhiItd 87UnIl s-~ 700 013 fue 03322178915 896 F 033m5911l5 22178917 E-IIl bw Jlu LillDIlIII - _~

AUDITORS REPORT ON CORPORATE GOVERNANCE TcltSha- It CIISenbo uIId 1 Wer-_ C UGh af ~aelfsnInlUroe$~b

Inlng 31S1wtf12010 flaeltf9a1hblnagodh~sxt Eoct 2 The_u dw rJw 1lMl 15 hesogtsblll dh_yenel CJI6 I

_Iiro-I tl~1II u ~b)h~bIIISlJII cubullbulla COidoo air COrpnII - M aid_ a E4I d on hOII 5t_d~

3 QIopIUI roIllI flit tc aI Ioo I kl10e V- tl _ adIIyh ~_wl4W w ~G z In__ 1IIl4Jbull We 1Ia __ grbullbullbullca REgiA amp Ston i C s shy_ d hi --a_CBIlIocl_ason 31S11oi1rttl21110 lO r-greaald9 1lJIOIIl_~bl~~tneoncnll

5 We adI ultr5IlIrIJIDIastlUewdfyd~ngr or bull I ~_amplel~tle~attgte~

For RAJESH CHATURVEOt ampASSOCIATES 0- __ bullbull

Itbull Po

~~~op No52a

AUDITORS REPORT

TO THE -WlFRS Of SENllONXJSTRESlMTpoundO

WI _uMild 80 SrIeeI d Serbllrlllustles InIIlM1Il3111 rlIrdI2l)10 r PrIllll l loI5Aalull lorlit liM IlIlIlil c--edarcI Cash Foo 51 161 lorh petllXI endIol on IltI dIltTt-ir8alI lolSnllel_d~118JI0u~ ~eonss Ol)irIoingn-kvOiI lolS-IonOlladl we _ ~OIIaltIIlIU AucInlSlirdanllge bull Ej hiiL n-StIi(laods Won ihel we plala petbm Ile kI ~~_illouI hlCiaI Ieare free d eA1IadolnUles_ bullbulliG-ona_tlaSII~Q~Ie_itld~

1hI1iN1rrili111 olSMallClUlecncUlls gOeaexDrCHhiCl(lllSllSIditldliUbullbullbulleoa I made by lIliiI8l8ieI III~ r0YIIlIli lrinIII $ e=-we belevelltlWlaDIptllOOde$l -onable lIISi5lorWI opirIion Wereportlhal 1 All ~ by he ~ I Report) QrIler 2003-ed by CefVII ~ SecIol

221(4A)oI the ~Ad 19$1fld bullbull1lIed YCJ~ we endosoe IIheAllnellft1 I 6donhe

ta

--

focltl iOjA4an1 5of1tlltI ~ 0rilPlt 2 Forttgtelt 10 oltsltOIIIITgtI1l intheAAnexUl1l refemld 0 inparagrapI1 1ilbove we ~ lhal

(sl We hIM obl3Ined ltII b i nj elQla OIlidl kllhe beol 0I llU IltIooIIeIlge and rae were oecessaoylolhegtUpo5eofcur~

(h)InQJr~OO prQ)(IbookJ ofoxountasreqUred bylaw hMebeen llteptblIe ~solaras~ rQm onllamplTlalioo dhose books

(c) The 8alance Sheetnj Proftamp loss Aoourlt 00aIl iMIl byh$ Report are inag SEll IiCIIwil1 the books ofilCCOUnt (d) InClI opioioo ee Balance Sheet ProIil amp lois Acoount amCash Pow ~ Odh IIfAacultng Slaodiods

rlIotfed inSectioI21l(3C)oI1h11 Coo IlpanAct 19$ ill solaraskSlardarlls Up1l llhle to he~

(ej 01111e DaIS0I11l11811 ~oIIltnl recellltllrcentm lho ~as oltl 31ltlllorch 1010 -IlakM onrecoltd by he Boanl of DirtctltlrS W8 rcoon ltIalnone rJ the DillJdors aAI ~ ason 31S datd12010 frJm beng appl)i1ltK1as DndI-ltOnlhe---g0l~27 4 (l)j)oIlIe ~Ad 195E

(~ In opioioo MIl III Ihe best QUI informata1 andaaorIlng to the ~lions lJnto us lheS3IC financial_r-d no_WIth It Silt1Nfgtanllatu1tingPciOe5inl subjello ~oI 11~~01 BoniS GralIiIy LltMI EroaslYrent lIrId~ reeeeee COl Sltsu-Ily )epoKCtfw3I UacicaI $lcrliSheltmlIIl101 wIidltaanotbeendee1millad Notbull bull regardlllgroorgt-chalt gingoiRelteSlCOllnter~ 8oowllIfroma~~ ~S on Pamptj~on Sorory~ampuy Aibs lIrIdlC8iSand~

~ oW lreganlilg~or_dwithMibull F Kbivt UltI tho_lO Notll egarding ~ oIAotoonIllgStandard 1$~6enefds nllle AIallWs

1gt1 bnirg pall 01 SdeduIe 22 flIllCI ~ -Mlh oiliernolM lheren giesfie rIorTnation ill ite mannerso -ec by 1he~Acl 1956andgivealreandlatr Iij Inhecase ofee Baiance ~OlllleSlaleoti1l1aQCorr4gtonY31 Motttt -00 (il 1iI he caeoflte ProilampLossAIC0Iltgte105$ for IIfyell elidedOIlltlat dale and fli) I Ihe case oftheCashAow Statement0thecash lowsoIthe ~ tJrlha lIaI eMed on lla1 dam

For RAJESH CHATURVEDI amp ASSOCIATES Chartared Accountants

RClgtatuMOi- Dateel 2811 May 2010 ~MobMMbullbullbullbull

ANNEXURE TOAUOIT(RS REPORT IReferrtd to iI Paragtliph I 0 _ RtjlOl

1 In respecl ofis flxedassets al The ~ te5 ~pIqlliI reortlosllllfl ful ~ ndodng qumtoIYe details anlsi=lion 01

FudAsselsonlhebasisolirlJrlnallon8Yaiible h) kgtorrIng to ee iobmaion ifld explanalions gWen tousee Fixelt Asm IaVe beer physIaIIy-t by the it~alreasonahle lIlIlVaIsand no_ClISCtlIaICle__ongtltdoYftrifalioon

c) II cu- opnon he ~ laS 001 cIspo$ed d subsIlniaI pall of fiMd assets dIIingIIIe yearanl thegoing ll)rOm $I31US oIllle CompenlIS flOI 8ffeced

2 In rl)Sped ol lllY8fl1lrie5 ailemiddot I IF Old II us ~ SIIri dlinlahad goods sbamp lllIamp ~ argtl raw itIiIlera6 exoejIl sIocls ththll

PIlies and IaIl5Il dal a ll phy$icIII~ verified byIIIeiNMgemeot al raasooarMe rlleltlaiS blmourLlJllllOll andaccoofug tIllhe ir1bmalictt 8Ild~~lolSlha proceVesolJttysica

II Adlts foIowed by ~ -abla argtl adequate rela01cent Ihf size d Iflt Coo1pany and lltueolils~

cl Pol eplaled Igt thediwepancjao nolieoltI onnflclloon bo_ It-PhysicaI Slrlcgts and IIle Book Records oIlfIelevef material haoll bee~deallMIlhe booksolaccoons

3 ln~oIloarr

alThe ColrQan dunng he 18 ha$ taken ~ loarts 10m Coolanies isIed n toe RegISlel fII8IlIained Ofdmllll dfleCorapeniesId 1$6 dllSal3llanliillilt w11ree

b) respeetolloans and acMnces il1he oIloonsQbVthe Ccnplyt)any~sla1Iwheltesbpulatms havebeltln made partiesistilllls havegeneraly repaid the atnOIflli as 5jplaquo j oIterlanthose written Qll ltltrIng treyea

4 In OU opiI1ioo 8lId 1 Jollie io1omr8tion ilI1d ~ 10 us eee ae1ldeqJI1e i1temal 00fllr0I prooedures~wiIIllhe sizerJlhe ~ llIdlhe_rJcentS OOsiness lorthepurdlaseolstwes shymaterials irdJIlng 0CWfIP0IIIlls plant amp Ichiy ~ and olher _ and lorthe sale of llJXlS 8lId servilte ~ is regolalt intaking rorredM -eswtlenvll( major ~ in iJlemaI COOIrtIl are 0 31111lt1

5 InCUopnioo and accllI1Jing to lhe bull ottand explanatioos gven tous110 transaellOnwas madeb- purchase 01 goodsrodma_ arid salerJgood$ mariaIs 8lId_ III purwance 01Clllilaets (I 810ge0 l8IllS entered in the er malntaioad lfW Section 301 oIlhe CompaIieStltt 1956 andagrpgalilg o1rigtg the year III Rs 500(00Of more inrespecl ofeach Pall)

6 The Comparl~ has rd~ anydepolIbfrom the pubic inIl1IJIIIU 01 SecIoos 58A 58AAor anyolherflOyenanl prtlVlSlOIS ollhesa

7_lIOUI opiMln Company has lIrllrrlemai Auditsystem 000 lei0SInIeWIIh ltIs size and thefIIbe oflSbusJIess 8 AalmIlgt) iJIcIrmaIioo and egtpl3llllbOnS gigtO kI ustheCeMaI ~t has notprescnled 1eniInce 01

costrecudsulS209(1J (d)ollhe CMIpooieampAa 1956 bany~o1 lhe~ 9 Inrosped cl S1IIu1orydues

a) Arcming 10 Ihe reoords oIlheCorr(lany at 0UIWndng dIJes In respect of Providert Flft1 Etlploees Stale InslrarceWilst BengalVAT CervrnI SalesT- 1rgtCQme Taxes rmSI rknoiplII Tn F IorPolutioo Conlrol Tradii Wcense and tire liclne eamp haVl eeee paid du 2OOS-10

bl Aoord glo tile~ follJfId egtpIarIaIiom given 10 os 00~ or~ amets payablei1respecl aIiPlCtNTllltl sales au WSIOlTl5 OOly exose dulyordues peyIIbIe 10 any olher SaluloIy and II](Local ~

were oolStnli1gasat31 $I Marth2010loraperiodd rro-e tlao silt ~ from Ihedate theyeeeerepayaIW 10 The 8CWlIIAaIed losses oIlhe Company at theend oIlhe fio1niaI )Ilar a Ine= 01 its networth I has rcuml

caslliosses duIngtie l8 iIIIdalso inthe previous JnancIlII year 11 The ~ has notOOIaultedInPilyment rJltlues toany fnIIciaI lltllliortorbankorltlebeo1IUes tdders 12 In00 0lIlDl am ~ III the ~ an explanalion grven to us 00 loans an acMnces haYe boon

pliedbytie CompanyfS1 theblIsisrJ$lllUIIybyayorpledge ofshates debenIIresan OIlIer secuilies 13 In 00 opnoo the CorJImy is nor a chl bld or a r)(IlVrnutua fundIsooely Therefore daose 4 ( ~~I rJ the

Coo-nIianies IAuliIor$ ReJxx1) Odef200J ltd as amended upto-date iampnoI ~ IllheCompMy 14 mour opinion the Canpany has notrIeaIl or traded in shares ~ detlen1urelts aod 1lVeWnen$ ThBreliJIIl

clause 4 I) olIM CD-npanos (AWibs Reportl 0r0ar 2003 an 3$ _idad upIO-dala is ootaPflkable tl the

1S The ~ lias nol980 guaranleesfor loanslaIlten byotIer$ from BanksorFinanciallnSlillJllon$ 16 The~1l1asnot~ itlynew mm loans (Urg theyear- The Termloans OUlSlandllgallhe bullmiddotgrJthe

lUwasril 17 ~tc the formation an e~given 10 usandonan overaleaminalionol theBalaa Sheelal the ~ weare 0theopinionIN no $horImm1oarl$1Ia been usOO lor long IIm1 tl esIi IIII ltIS

18 lloong the yeartheCompany lias nor madeanyprelltmntial allotment rJsIllfts tl parIIeS and companies covered in theregf$(efmain~tJ~ 301 al theCompaniesAct 1956

1gThe Company lias nossuedany detlenIlIres during heY9i 20The Company lias notlta1Sed any money byway ofpubloc rssue dnIg tie yei1II

( 21 In ouropnion Ild laquoeortIngtc the iflformalion arld xpIinItiorl gwnlO us 00fraud onorbytIaCOIl8Y has ~

nlttioIld orfIPOII8d dumg ee year thtcauses thefinoncliI satamanl$ to bemalariaiymissaled

For RAJESH CHATURVEOI ampASSOCIATES Chaltta-d AClOInlmtt

RChatu-di

PIacIl Kal Dated 28lhMa- 2010 ~libeis1 shyNo529llI

--Balance Sheet as at 31- March 2010

SOURCES Of FUNDS SHAREttOUlERSmiddot FIJNO _ -

APPlICATlON Of F1JNDS csers

IM$--OlIlgto-=-o

shy

100479000 2 92680000

musUIlI

3 1~zn245

194272245

rot )9$411245

bull 321969 061 - 1410U6ll

ClJRRpoundNT ASSETS lOANS ADVAIiCESu bull __ C81t 8lai8-a I-t

Sbull

U~356 72152(1ll71tl610

n 1-sTUw)shycww

I bull (872lillllll

u eolor taaicn

nuoo NET CUIlREHTASSETS

-(21129111)

Pfl()fJT amp lOSS ACCOUa 2711Sotl$l

rc 3910431245

NOTESTO TIE ACCOUNTS 22 Thf~~ t1ooe bm iIf1 gal part1If he Ballnlo SheeI

In _ aI(Ill IIIllOI aloMn dale 8IIlIChed

tNrdgt]t 2Mlt

1al4790lXI

bull

muSllOID

211Jamp33ll8 21 ~ lA33ll$

( 1 S02 311

321J2OS]( 1S7 7llO 6GB 163929iI66

li3 t 2U amp6

01530 72152(7

11 213 701V

11576833

ro 1161233

16IU2(

4I S02

lor RIjMII ChIturvtd amp Anoc_ For Itgtd ~d

c_ shyA~i8b -e Kolall DaIId 2811 uy 20 10

C $ Cbcudhury KaII s aoptbull Viol 0- ow- bull bullshy

SK~ Gof-IFuIc~

---

--Profitamp loss Account for the yearended 31 - March 2010

Sd 1Wdl31 2010 INCOME Sale 0TltiiiPrtOoG cow klcJuampeI~) III SkIdlt 97l198 17878

135125ot

- shy

FQor gtlis OtlerII gtlisee-J

leoSOibullbulle-- -COW-SeAng amp Pnldua De I bullbullbullbullbull --Ilems aI ltIlmllle yNr

n

ts te rebull

11)49028 120932 m ~12J51

2fioI7454 195538 6928685 6 ~7ampM2

5861 892 2929647 921633 92216

16on064 13822019 aee 158ll3ll

ltm s

PROFTT I (lOSS) PnJlil I (los$) bebw ~ (330542 4)) (25040611 ) PIoo$(o b ~ - FBT (10400)

(33054243) (25111011)

J 17~20

(238383798) (21 31530011

(271 1SUS7) =

For IOJ Of )tNI d lIlo 8tgton1

C S Choudhury K1ijal Sengup~

Vici ClamIa-l C1IiimIM amp IIiIgtIIloWll Dnltlltrr

s KMukllopacfhyay -~IFn1naJJ amp~~

NOTES TO THE ACCOUf(fS

In IemIs 01 1M reptil 0 (MIl rIaIe attadleIl lor RajKh ChaluIYIIdI amp ~t5

R ClatucIi-Dated 28th May 2010

- - - ---

- - -

bull bull

SchedulesForming Part of 8a~ Shelaquo F AUI middot MM~312009~3121110

~

SHARE CAPITAL Auhoflllld -- shy~

lllilOIX~_ltJRsltl-_ 120000100 ampaooOOO

luued Subsaiblld Paid upJlIlIOIlIl~sr-ltJ Rs tgt-- fullllI Ult_- - - -shy

104909000 104900000 I Oli HICl Eqity Shno 0 ltl- YlI_b__ - 50ltI (lOO 5091000

- -11 o000DOO 110000000

- SharCI _1 A_ 1S21ooo 1521000

01419000 106479000

2 RESEIM SURPlUS roo ~-CapcentlIwbsidy (Gcwl Ql West Bengali 1SllOOOO 500000 _ 91 13000II 91l31ooo

9268ll000 92600000

2 UNSECURED LOANS From eeeesCorpaote 194272245 21 7343388

194272245 217343388

8 FIXEDASSETS tEPREClArntl _shy_~

~-~~

bullbull bullbull ~ bullbull bullbull bullbull= - l Ol20 ~ D1 [)I1IXamp _

111lllll1O 11Ollllili ~ -~ -

~ 1$1 -- ~ ~-

2lt W - rWlro til1 TampI s

_~

I~ _ ~ ZSO~13relt 21U8325DlgUO gt5~O IG lJ231ae 390428)1 lIJ I3 m~l08

920 -~ ]100) _113 Zl(lllll~-

ll~ SI2 T3 1J2 M~ -- - m ~ 511~

_ I RIiloo _133lt0 romiddot ~ 611811ll 1138lt20- I 11 oIol ~M- - _m

IIIlt shy-- l1t12I571 2400II l1t 1 51~ - ~ crbullbull 163mllRi m ~IO3ll -l2alte2to l2TnO510 1IJg6l5111 11Il22OW IU lIOlIOlI T83 mJl(lll

-~

18

-~-----------------------------

---------

Sehtdults Forming Partof Ba-- Shell

see INVENTORIES As -en-ee lyNuCl

shy--shy~r omooos _bull Clro- Sa eo CcocI Orooer Sa C llcUIIW

lMs PIIl_kw~c

CASK 8AHK BampLampCES c1It-_amp__ bull

cr~Sd

ocat b a- ( (00 _ 0-_1

LOMS ADVANCESbull shy~

1vJ ~_etl 0

II_Clfb_tlt_ AMrakwf = _b - FB7 (fY2IlllI-lI9l _ FS T -Y2llraquo- tI e-PLl

1Iwll ow F- ~ lane F- PClI _ Tax AI ~ InpIlIVlTIW bull

s CURRENT LIA8lLIT1ES PIlOVSlONS ACURRENT w8IUTIES0- _

bull SSJ lnt

-- shy- SeoIII) 0tpaM Reo 4 o8Cl

rMra F o-n- ~ IPl sad PaIl ~

bull~ FOR TAXAT10H FmlIlIInIM Tax

ts

IIIwcb 31 2m0 -

6111$ $ 681 fjl

U 1U5S 1991 53

119904163 ~n9~16

1l1527

2 ~ -

UOgt -

17 bull lgtS ~11

om SlD5 211503 ~ ~ ~

-

8718610

lt10901 S790 151 -wm

310(0) uo48ns_

( J MardI31 2Illll

shy21i21l6ll j$~1

~lSI

1( I1SOOJl2Z

11713 ~ 1795 11

12lsWshy

lW111

_137f

6913201i

2JOgt rea

1Ui

l12n1M

63522501

3100XI

11576)33

ro 70bull00

- -

--

- -

- - - -

SltheClIles f ormingPart d Profit amp LO$S Aceounl

10 SALES

-~- -- 11 OTHERItCQME11-[ melt

12 flaquolN OPERATING INCOItE LatIy lnt1en Ilad

13 RAW MATERIALS ~ Slcd01 Raw ~ Add PudiBse Duling he year

less ~ Stock IIntten 01

__ less ClJsrlg SOdl

15 UTIUTIS - POorCf amp fue l

FltnI8OOOiI shy_=00=4 of ~ 16 PEIlSCNtlEl EXPENSES

Salary Wa1eSEltgtlus ampExQlIJl wgtltl~

Co ConlrbJliorllll P ilIId E S I F fICmIrOW_~poundlC

Stl ffTffin~

LtWm 8 liwiIs

17 Olli ER EXPlNSES AlOIo FlernJnn1lO1 B3ltkCh Books amp Pto odicaigt ConsJlanc S service CtIatgts eooooo Diltectgtf Sitmg Fee Oonaion amp SltIbwEnt9llJirlrroerj bpelMl$

-- V endIltI ~ 1 200IIM~ J1 2010 h

- 2(6557 l4t64

lJl17li 457449 172899 _ - ciJ8S

420amp82

420amp82

~62U68 1441323 96691 l294m

2111359 21421 00 162n

2050~ 2742100 501554 2621168

_1~9 ~ 120132

194905 sbee 407285 ~

Zn1 1~ 412351

2320 ~J 751578 24367 17lt581

15379 ~

264745C 1guraquolIshy

OI0tTO S4lll292 370512 35096

17412 19J11 ~ 911 138 574902

6928ampamp5 - amp471gt12

1890~ -zsesm a 18793 4308amp5 29864 207818 152574

~40000 ~ ~

55189 ~

-_---------------------

--$lttdules Fonning Pillof Profit amp losl kwunl -

FIQlIy Fcnrc ~ RligisIi 01- shy shyPlIge amp_Ii Prning amp S -_ Wi _ t XD - shy

VIhdI a -

UidbullbullJ- 5aLJrtG amp PRODUCT DEVaOPllOO

Elwo_ 11_ C

e shy- shy CgtWltGES CIlCllfl CrdNc

middot~(IITOS bull CIlE$lDl-

shybullllII

ITE-s MllTTal on DURING THE tElR ~OIlIIe _ncIl11ngi1r___

21 AOAJSTlIENT llfLlnfG TO PREVIOUS lElRS ~~ToPt

---

IIIrdI 11 2lttO

293~ aeses 2013

3 67 37 37193

31 lOl

~

_~l-m

V

scs 2671

~

-- IampIrcII 31 20Ili

shy321581 271850

92 312102115875

~ 500 ease ~ mno10 ~ 3lrn

OW

eo ~

m me

nM

21

n IIOTU 0 ACCOtIITS Slttw- tlmnI prI die ilalfte srt1Il Istllllrchola nl PIlIIII amp 1JIIs-aul trn _ -1IlliIlI31YIrct2C 11

t Sifi_Ac bull shyt _1 8o$lS CFACCtIUN7JrIG Tht~ e p wl-MI_UlcstOll__l Ol atCIAIba5lSd~

C_ lIOltUSgqIUI)lfICl- i1b1el1l~ c__11IO

oonplyOllfltlt~~ ~ eolAaNIfSWdilnl) ~ 2lD6 puSUiRlc5ecbI211 (3C)1te eooesAcL 19561 lto6lmiI) Gle~ ~ ll _ (_ CAAPI ~andft~ pvmIOOS DIN r~-1956 Tht~ pJlIQeIl iQCQIlSISIonampyamplplledbyN~

12 USE Oa STIliAn The_n_of~~~OIIhGAN~~ lDmakelSllnllllC ~ fllIlllKttlt r8pI)1ed-td _aod- ltIIodocltre 01 ~ngenlliltlillIes

bullbullbull_dbgt ~ tol -l had pjoesrilrng IIMI ~ penxl ~~ 1IIilinaIIls b8sed l(lOII iitSmiddot be kloItIatunwl ~CIlUOJ

3 RXal USETS fI F_-iIl~ oxa oleUeoabIfII1oa 1C05IIICUlli5 IIIGUei llclir-wh tJitS-mcubullbull__

Ib)Tho~_rJbed _d__QnMj [ ~

laquob)i u lEPRfQA1JC

00 bull d -1_cnoodIl CIIIIriiIgb me ~ lillle-~ Slt1leOjo JNrJ ~AaI956 bullbullbull_

~ e-LCIII_~~ding 1efW _iii dlldl e-ertSaly~oo__ bull bull Ii middotded~r~4~_d_

15 MPARlllEtITF ~taehilllalCli SIlIlIll_iDl __ Ii CIIe__~

rldicIIt rt ifllleao_ ~ 01 bad _ lt1Plomgtooed N pa_ lCJsI le1 _toe lltT)lIlll_fII oIl1e ~ lib11 tJIJIIJ Cash GEsIili lN (CGU~Of ollelexceeds_1JIfiUt Tho__ Ii hi QIMkI d1lgte_net ~1IOIiI$_In~vaIle ~ hees~matad lltlft cosl lbw mUle use ollne aiiSs diIcounled 0 Ilelr Pfesenl_ 011 WIlltl_ M ompAtTIIMlllCJsl is~ j tt- _ --linllertlCOYlfalll onanlrld sunlrlss_OOIorgor_OfModicgtaw ~ Ioa l JlMnIIlterMa ~ tI N carrp1J -01- _ Mlil1 case d CGU

7 I Jok CIII~~

11 MfIlTORIES (___~ t_ ~ -cIII~d

~roolSldlel I ~-_aI _1ot-IIIDdQn5

~___~COIlf~plOdocII_oelDI n DbeJddampl7ampblgtIealll ColIiMlill- shy(bl- __- __~hsIoecgDCII2I --=lIl_dalilnnll

II ColI d a- ltIiel IItnIr _ pencil 01 _

~CllljO _

11 ~ a OGCOSTS amp0 g_hl~tI t Of~olhec __ iIo-t ~aolglgtltdgt_ _oWIOcoAI_dWgoltltJ~_

22

18 REVENUE RECOGNITlON ~ tom the$3Ie ~ goods(rouong TrllIi prodJctloo1 Ilottlesl IS ~ t4XJI passage 01 titleIe the cuslomen wtgtidl ~ _ Iheir ltIeliver) ~~ -y cui 01 gtltu ltifIe cIiimr 8lc altcOunlted rasand hey ~ fnaIydetlt1rmonod

19 PROVISIONSCOtITINGEl UABlUTIESAHDCOIffiNGENT ASSETS lalA pllOISIOn IS reoogrrised when theCUI1pal) tlas bull n-Jl otIIIgaoon as ~ 01 __ -l ~ ~ an CkIlkgtw 01 resource Of t ~ 10 $OllIe the ottgatiltJn in respect 01 wIldI ~ ~ _ be_ ProyenIIions are not diiowlId l)~ ~ ond a ~ -d (WI be5l OSlimate ~tl_ the abIigaIJooat he -e__ These _ atNd baJIIoce sIleel

d e -l~lO fllIoa lhe~~l~te

(h) Cootingenl labfllies ~ byY offICIIe5 IC (0) ConlingenlAwlz~ Y_egtlaquoepl lor lho purposed _ellol-

110 lEASE Sne 1(1_ has beenlICqIOrOO to-PCl ~~ l)pe 01wiI be deIenTwgted WI

~ 111 ACCOUNTlNGFORTAXESONINCOME

In-01 lilt lossb tie year ltJ1der revi Taxeson CuretC anIDeleltted Income have notansen

112 SEGMENTmiddotWlSE REPORTING The~eXltiJsiwe~ 1$ maruaeturinJ yenIll lI 0I V Fblsnl such in theopinocgtl Qfie Ibr1agemenl ttIil is lhlI (IIy lepo ~~ ampe9fIIlOl per AcclInng SllnIiard 17 on SegnetC Repor1lnt =oed by n - 01 Owtered AaxgtuntlolS or lnclol There 15 no ~ GeograpIwal segmenleithelt

111 EMPLOYEE BENEFITS (I) llelnod COOIlIbtlJon 10 prQIIidertfind ard empIo _ 0SlGII00 arediared Ie~ amp loss 1lCttUll 01 fill _ GleQlIIIrtbulions lOthe~ bIClS n 0JIlThere ate roo 0IheI 00lig81i0nI Ie Ihe eo IJIt I oe-er lIaI1 clJGb6Dn payable to therespecIMI-uy illIIIltntJes (b)Mninul1 _ or bonusasrgtcgotiated fmm n 10_ os lIo1W oCCOIJlted arc pood ClIIIl basis 0$1 -dQlllSlSlfrqt (0) No _ llInIIfit5lCthe~

Id) A molteltolco_ y_llerooIIin lhebmaigraUlyisllilllltraquo_ ed oncashbBSltl

1 _1~ POLICY ON EARNING PER SIWlf (alBMcNrnig persharelliltAlQ ~b)~lhetgtet~OIlossallet end rtude POSlIPeeclolany ~ ilem lor the peroltl IlItWtIlo Il~~ by lheweoghled ~_deqlJty shlIe wtsIMding dtgting ~ pergt)I1 ThegNed _ 01 equity share$ 0JISll0 tUroll tle PriOd In-fore_ fgtCiUdirIg a txnIs iDoJ tIatUI eleltnenI 3 right issue spill d __ or reverse tPl (1elXlISOIidaIiDn or_os) lito made dunng lteV-- (bl Forlto purpose or llIkulatJIJ ltlIuIod rmroJ per shire Ile Il8I prolil d ltJfl penod_ eqJfy 51eIclldelt n tie ~UltJef ofesQJDldo ltkngtg1MperiodInedforleellecls d II dilutive poIenIIIl d laquoJI- shy

115 PROVl$ION FOR TAXATIOti 13) Tax pense for1M)83 ~CUfeot ill ampdefMed isi1cloled Ie fIIt pltolit (lossl fortrleyeor (b)A~ IImadefortheCUTefIllagtbMlOlillIiltlOity(ltJmpU1ed 01 aoordancIe _ RlevariIlagt raIeSand ill A Pfl5lCl IS made fol cleIemclllDl for1rr9 ltttrerenltel rIsing and liCOJUOlg _ alarreotty Ofsubsl8I1Mjyenaded (e) ~ Igt-Is are ognised 0fIi) ~ _ is certainly 1l1111lhey wiI be INiZe6I1ld 1IOewedfollle~mm sheeld8led1letrIlspectivecarryolg_lIl11dlballiltllte

116 FOREIGNCURRENCYTllANSACTlON ~ applicableFltnql orn=nq lrrIsaGtiolls are accounleltl for at f1e elltolrlge rale prevaiing at the blttnsaction dilte Yearand mnetary assets and liahiitiesItIIoreignournrq are Ir3n$Iated allIle appHcaOie year end e chaoge ~andlIle ~ dilIeo elt ICe is eoognrsed $gaOl oo lorhe ytII

2 In tleopihJndlgtt~ Iho maM3llIe_ dlllaS$8l$[ eilherheentire~amp~ ling Ie 1rftVerwus Fbl ~~ tle0fIi) CGU cI ~ or Ile _ I tlNll l1Ier fIan tIo$e Ii respeclMCltlII)iniimlUllalLId1 assets no ~_IIason trgte Balance Sleel ltllte

lal Bank ~ fa 01 W8$l Be1l1 s_ ElltctncgtIy DioIiboIiltM ~ lid m

(h~ Claim agaiosIheComooy 0l0l ~ 3171849

(c)Oarn01 cerw ExCse CIuty InIer ApplrIl kI Trtlur8I no818

4 Asrc IleIeSlllls beenchargedOf1Ioler-Corpoltole~ he_lias flO beeoleswnatednj ~ n shys Partl OOIlfJrnlaliolt in respect 01 outslar1di~ balances JIr SuIlay DetbI Sltnlry Cltedl1DlS Lwns M~bo-on - inlrl OIIII$Idenolio1lh__

6 The Contrtd _ MI$ e- 81goroeemg 1M COo~adtA IISPObIe for Renovatlon wonlt at Fadlr was teminated dlIlI to pocI and sub-llarolard~ 01 wo1lt and maleliaIs At prtSeI1I hmalilt isurderfillg3lion

7 On iilllleial- ~lSioId CllIlridol~ djotlbyWs FreseruKab Pvt ttd (Fresenlus)1Iith eII8cI JrorIl ztSl Augull 2OOl5 fie -1t 01 ~ _ F-_ 1OImOa5e in cowetSion lthave Godown Iml Vat IDS tlfuMnl $aIIp by hit ~and~ of F-- has enuo oed UI~ cliIIe an no 8lUSImIIthas bftnmMI inherftIIIIld aaolIlIS thnfor

8 NJmaRECEVEOGAlNSTSALEOFPlANT ampMACH ~ E RY

At ~ tgty me Cornjgtony sctI--(dIi 000lt1 ~ -- amp FducalIon l id ~ JtImne _ oIRs 315 CtCQ edt ClIt ol Rs 612cnnsdUlWlg2009-10 iOJIinSl- 0111 Fluids 1Tl8I1~

maIonenes for wllCtlappmpriae resoIutioM -e passed tlf the- Companfs sharehllderson171tl ~ 201 0 Thoi Wesaid -m was ustd by he ~ IIMartlI ~~ 01 unseated kHI J-d from -conponieo

9 MIslment relathg to pr1lIioo ~ ear amounting to Rs 2157641middot ~ net 01 ~~ br Bank Gunnlee released by Bs1 ~ 10 R 7740121- party dsll bypro perod Alary Ib 37097shyrlIenlSl a-o dN)ood ~etarges etlt Rs 371 151middot01 N $arne year

10 MICROSWIILU tpoundDlllM ENTERPRIsES The COnpano hasflOl recewed Ifl IT 0 bull as IIqIJinld 10befledWIfIlhilllOllied ltlJlt(nIy UIMler 1le cro SrtalI JtId MecWn EnIefprioes ~M 200li c1a1Tlll19 tler S131S as00 31st March 2010 (and also 31st March 2(ll)9) rrntroSlIaIlard medlrnenlerprises~he_1Slicl payabIf klhlse dUIWIg_ l_~__l iS nl

11 The ~ III yet to fto -V adopI~ Standard 1S EmploY Benefits (lWes 20(5) issIed by ee 1nstilIJIl 01 ChaIltred AccoulItaols 0I1ndia ant deliilIed discIJslns reIaWli to Oefned Btnelil PIons couId FlO be fnidellollcrnonlS andRe9ortshy

12 RElAI ED PARTY DISClOS~RfS

DiscIoluesasreQUredJIaxulIilg Sagtd8Ill18aregoenbelow

LdofRm~~s

SenboEngneeMg Limited se KrojaI SenguptaErrOclln 81gi_oog Pvt lid -- shy8eeni I-IoIoifgs PIlI tid SnC S ChedMY

Dr Sll8IllaI 0lalCI1D0I1ySenboEnm ampPvt Lid SoFTarIp Kumr OVIkraOO1y Or Asilth Kumar Sengupta

-Trrnsactions with Related Parties duting 2009-201 0

Nature o u pses KeyManagementComj)lnics Personnel amp IWlati-u

(- lRs)

Expenses Ditedors Remuneralion Cullllllt ear ~ Nil

~ Nil

Dirnctorn SLtJIlg F Current lar- shy 40000 Previous at 2a COl Inoome

Electricity amp Diesel 71373

54358

Outstanding Balances onJ~ March 21)10

Unsecured teen CIIroIIt Year 1S4m245 Previous rilar 217343388

13 EAR~ I N GPER SHARE

Cumml Yn (Rs) Previous Year (Rs)

Net Profit I (Loss) after current and ~ tax Weghled Average

(33054243) 251 11011 1

Numtgter of Equity Shares 01 Ri 10eadlason 31()3-101 0 10647900 1O647OCXl

EamOngsPer Shale(BasicandDiluted) 14 FigUIeS to thepreltioos year tevebeen re-arranged and fe-9ouped ~ necessary

is Informatioo PlJfSllaI1l loNotllication UIIllerScheduleViofthe~rns Act1956 IAscertifiedbythelllartagement)

CIfIlInt Year

Oy INoofSoltMI 151 Annual Capacty _ PrOOLlClion

15 11 Used Capacrty 1aOOClOOO ~

1512 I rgt$~ Copltgtdty 18000000 ~

1513 TrialPrndLJClS of Irl1tlwenous FlJid _ MacIliroI upgradatlDr1

r p~~~ 157634 1178355

Saio oITrial FroducIs ol-shy 24244 206557

153 I -V FUds BottIos 191 18664

154 -shy IV FOIds Bottlogt 135309 990461

Pn0IS Year

INo_ oHloltles) IRs)

16000000 ~

18000000 ~

17878

~

1919 186amp4

-- --

CUrrtfltYtar shy- - (Moe-) -1 55 -- M5gt I PIWj G M M M M M M532 0_ lt0shy_~

GolI-ampO -- c_C_ -shy

1511 1572 sa-ls-o

-- -- -- -

- U - -- _ar shy_Cshy- - oW bull

~amp2 ---- M

bull bull bull_- -_ M

u uUm-- S bull bull

IS 5 12

0shy - a

1t11Pt a a-M

~

M- M

-

PCIY_- M M

M

1111 M

~~ 11

-

c

l

-

Informationpursuam to PartlYofSchemJItVIof the CompanilsAct 1956

B 1IceSl-fAbaraer_~~8U$-_

REGlSTRATlON DETAILS

~i No CJrI L 22 fTfTi( B I 9J r pT L o amp3Z 7a

llaIIAe Srleel DtIo l 3LlBpIl l amp11 oJ tl CAIIfAL RAISED DLRJ~G THE IEAIl (Arrioln Ra 000)

Pul iIlh I~ ~ Ilo1IIsaoi lonuI1saoe [l~N J t l PO$nOfII OF MllfIl 74TD1 AICl 0euroJlCmlEWT Of FUtClS AIoIIut Ik lDlI ___I bull~ f 5_1 kIII-- bull - -~ si shy

t1L ~ G 2aDi-l - shy- CIl frIJill ill-l412l1lJ ~oIFomds

lei Fuel A- [lj 41T[)l ojsJ ITDillJil Net ClmlIlt Assel5 [-r2T i~ 1_3ill j271T[SS]

N PERFORaLlHCE Of COlIIPAHY (Amwllll RsOOJ)

Tlnll1OII ITI2 -i L i lJIZ3 LL31middot~ r3Jl~~_

tJ3T( 1 57 a-LJ(Itl

GEHEltIC HAIlES OF 1fREf IRIHCIPll PROOUCTS

1 t _-FUds QV FUlls) CodIo No

2

3 NIL

ScheclJM 110 22 in siJed y Ihlllolowlg

~ RAJESH CMTUIlElllamp SSOOTES ~ I

bull 0-- di oIlW

SK_ DollId 2lIII1oIat_21110 -- ~IIIfl9r~ampe-~

CEOiCFO Certification

we 11- odbilljji led CU 8ijIlICbltt epacilieliISownn ampIotirIagrIg Dnaor (CEO) IFd Vice o-w (CfO) d soo~ lgtmed(ltgtoCornfrylOlMboltld ardbeIilIl oerIvtrlol-II) we live ~ ee lIIbltgtoamplinInciaI ~ noad wiIIlhe Cash FkM StaIIInWot d Senbo lnOlgtIneS Litnited

1orr-~3middotmiddotIlIntI2Cl0InlSllleNIl t81dart4 l _bIliIf (I Ibullbull de ngl ~ _ilIII Ibullbull or_ ~ lacI or_

lIOilSN1IblI tng _ ~1 __ 111_ I _-~-n_

~ iTa __

(tI) we _ lilbIsIdar if IId bIloII1lIIIlr1nIdOtlStrlIlllIICI tIle~ dUIrog

~_II1e~~arltAl bullbull ~lhe~eoaedCOtQcl

w lIodaN II illla~ d ed aJ onan 1Id C6 - Ked OQi lheCOdeolCcnltudilS~lPylN~_

(e) we UNr1ClllPC abIil beslilllIslqlnl l ODIlIroIIar 18Mll We heltdl ess d oornt sysIImS 01 CalgtanJ IIlilfnonl8 1ejO-- ~ tl tie 8IOIorI rdtlI AIdI COl_ I1olfio I(ies inle desIJl or oplIlllOi01such Itlma eortroII ~ any olwtJdwe arep3fllard stejlS takenorp-oposed 10 blIlallten b rlifov1g slICh oolioencie$

(d we_ tedanw_1MItlaIian tllha adnnllheALoltCo bull

(I Slfiji~~I onIefTaI~_~~ltUIlglher-

jiI Sy d8lJlI f ~-dellaWlg n lNllhe _ ~ lilNIrwlQiIl _

1 _Q$gl_f3UIl ~_=1- I Y gl bullbullbulleor ~I KlIenlhe~-~~-

M$Oillilllshy

c S Choudhuryvo-shy

~Iaqtion

~~tlIIulewr~Eta pnooad -09 (l l1ll(iildl-O_ 1le sma EAlw Ile eacle wbullbull SorirIr 1Mie Fwi lIIIIIlIoM oed eooue Code aJCcrWcl b III yelI endId 31$llllaodl

ForSoriIo hUres ~

shya- 1 bull V Dncb

28

-

-- - --

--

CA91FLOW $TJ1UlENT FOR THE YfJ~ BiDEDtiP IIAACM Z010 -- _shy1IIntltl 2f1

A calli FilM Inn e- gAdMliII5 - shyPdrllDaJrIaolt lD ~ l32ampl t 459 (251303971 ~bDocgt_ l$OnlIamp 134lZft9 ~PdlllJ bIbw IIoIIltlg ~CwlgII 16769 3S$) (1l JOl7I) (ro-~Wilrblil~ (Ottgtr tlan Cash-l CasI1 E~l 3amp521 301 (5510185) Cxh IO ~ fIvn 0parBli0ngt 221511006 116618564j Drreel T_PIId

l CnII FilM Opamng AlttiVitift 2215$il06 lU185641

II CUll Flow from Irwu~ng Acbrilies (248467) ~dr-lI8d~

nbiIg Fonogn etrq VinWI (29701199) ~farCl(lUl F~_

~ Net Call uMd ~ bullbull ~lI Adma

c e-Aoootr-f_ ~_ -edShn CCxlaI

PIgt --blsI tolt ugsReceJi_ d uo-nd u Oftrlb Slaw PrtIdoIl 01 pel ~

NatcII -cI in FNIICiol9 AcIvilieI l2107U43J NehlCi (cIao I lineal_ ~ ecuivaltnls1 8+lt1 (560~)

Oparong B-c orCallIand Cash EquiQIente 907371 eea CI~g BilInel of Cllh and Clsh Equivalanb W 907311

For ftOll_ dlho amp11

CS ClMufhury kIP ~ ob ow- cr amp~lrnIaIY

SIl II I I at Gewaf ~ amp~SfcreWy

bull AUDITORS CERT1ACATE

fila- roe _ QIIfl b e d sa8) MlUSTllIS LUTEDfarhe IlClt ended 31 wm 2010The 81_ beerl__ llr fl CcnopInJ awulIe row =eliIca 32li1il1lillAQl _ SIocIo ~_ _ _ __toBIIliIlaSIIIIMoI cnce CIIIfU-lrW1lIPJflb tliOld~

For gtASH CHATlfltD bull bull ssaxaTES ~laquogtIl ws

DeIeol- 28tl ~ 2010 PrtllU Ho~

29

~---------------~

BOOK POST

Senbo Industries Limited

Registered Office 87 l6fW1 Sarari KoIoaa 700013

Phone a33)2217 891516 Fax 033 2265 9485

Email senboindgmailcom Wilbsile wwwsenboindustriescom

Works KarbBla Sonarpur Station Road

KoIkata 700 103 Phone 033 2434 7339

Fax 033 2434 7341

Page 2: Sixteenth Annual Report 2009-10 - Bombay Stock ExchangeU8il. C8ncer R!sean::I'l lklil5 1il:l!l>tl1l 1lC. In8lldIlIor. lhe I!oItd_

---- --

Corporate Profile

ftilJAl RHORI Board of Directors 2009 shy

--~ CcrpolaGuotc

--~(arpnM Gooyen _-shy shy amp LtaAaxut shySltHd1l ProI ampLtaAaxUt

__shyCEOCFO C6lt1IItalitw

Cash Fbo ~I(

2010

u

~

V

Ur~ 0-- I~ tot C S 00dar1 IQ~

Or SIlIIbII a y o-w Dr --~ lIralr ~Selt OJ-

Prq~O~ e-tIr

- tagMiMt T-n_ shy S Ila-uy --

GenlnIINnIger (FInance) amp Com~ny Secmary s c

Regi5temf 0fIIce 81 s-w ~ 7Oll013

Iroq (ll33I W18amptY F 033 Z65 Mll5 ElIliIIl bull t

__ 1 70

- SCrwlU s~ IIa 1tlrlO3

IIIlrle 033 2Uf133liFa 113J2 3ol13l1

-Ba ll~el$

~- ~u~~~-~ WM

amp43ANew Alip(n 0 Block KolUta 700 053

Registrar ampSlwe Transfer Agent HItM T~ PYl lid

051 1 Bl9 MMltel 71 8 RBB~ KobIlI 1OO 001

NOnc E

NOna is eby lM11h11 DIe sm GenenI Uet1lI d seee D1lsIrJtI LJrroIed be hIId Mile pl- M 251Ai59A NelirjI ~o-n lbI RCl ~700 [)oC7 00 tlec)edaylle22rlddayolS8Plel 201O11AII tllrinsadllefUn-shy

0nIMrya II

1 To_~-I~~BaIIne $heel a31stYllOl2010-l III PtdItampluIlaAlaullb 1heIftdIllOfllllldMI tlgIIwBhNRIo(xIr1loolDnctn-l~

2 Toappuna DrPr II dSlllC SChuIvynofWesby-lIIldDeong~ b 3 lullJlllU01aOllltlfIlolOr SfIIIlIII OiltXll~ __by--I llelgible ~ bullbullbullt

bull lu~ WS ~0WI0WltS amp Owlnd~ aAuillnoleun_1NlI Idd uIcI_0lIfWIilIn ol1laquout~ lit gntso d nm GerIIlaI tldltrwBullol~tlb-

-- 2010DIll

-1 AUEUBER ENTmED TOAmNJAKJ YOTEAT TI-E lllEETHG IS ALSO ENTInEO TOAProM APROXY

TO AmNDNfJ OTE INSTEAO OIF ~I tERSElF AN) ne PROXY tEED NOT BE AUEUBER OF nECl)ItgtIlNYTHE~~THEPROXYSHOlLOHOWEVERBEOEPOSITEO ATTHE

REGISTUlED OFfCEOF TIE(XUlolNY DlIY CCMLEtED HOT LpoundSS THNlt 8 HOURS BEFeRE TliE caampIE~ OIF THE loEETH3

2 The~ol bullbullISlInoT8uuIld~_~on16r1dayolSElbull 21110tl22NldlyolSocAlilbull 2010 balhoia)s~

3 ibbl__hoIdIlg fQlIf SIoonsIldenIcaIOldrol_agt _tIIou~Qi d tl_tl eurnptl~tlCDlSUklilelheirtoldilgtgsagtlftI 1 fIcing or- Itrysalluml can aaiI of1hll1lCllT ~ bylblllliig Palm hio2B ollie CuIr(lIO ClotII Gooeobullbullbulloeorl) GeneIiII RJJei Furmi 1956 the~ u iIs RajAa ampSlshyT Agra IlIri F be madeaoIatile 00 i8QUMl ~ case of s1ae$ held dIrnil -tlbebdglld Debullbullmiddot~

5 i _ Q I tl ~ toll~I~~ -oog ReportaldArnlII =tuIIli 1811 da)S bebe IPle ~~ -II k1-b11Ma~~ to keep the Ito1Wy

1

emEf PROFU OF n eDIRfCTORS SfElONG RE-APPOINTMENT AT THE ANNUAlGENERAl MEETING

requndlllderIJItIlgAgo_(IIe~clDredorsflnlPOSltDtlere-appoalledgwenoelaw

1 sm CSDadvy 75llIvaarallII BcmI SIIIOlcuIvyi$agrao1l8le Ilrle~~~ _1Ild bull 1IIo FtIbo d ~ d Ctc amp Wo1ltsAaarQrG ncliI Hehas ~ d ~51I c~_damp9_i~ 5-1 T Trrberll$weI_1ioIIand ~HeIlIovaOwlNllalSllrblEl9_ioog~_

2 Or ~ 01 IgICl 53-sis tellS rod a fIlIdd Caociclgisl He tB h9l eiipelOlu rneciaI l utllOf_rn-n~oIAodlCuf1 11Rl1lsomerrtlerd ~Coo= IlUhnothaldngl)jiCb cIltlIhIr~

a~ shy5 KIII f 11~

01 2llfI~ 21110 It-- ~ ~ampC Sshy

2

DIRECTORS REPORT Tho_~ YOII OirecOfS present Ihet5gtltteenll1 AIIlUaI repor1 00ee bus-ess andopmlioos oIlhe~ togellerd lhlI FnarolII reWt1lor lhlI ended 3sIUan1I201 0

FlNotXCIAl IlESULTS

~ ProfIt (loss) belorc f nance Chargcs ~amp IIems 101 aIaIlId b cpei ( 1 65 middot~1 112032)

Firlarlce~ (0t51 (158 )

(1607Z) 1138221-Wnte 011 (6 ~Z) (OOr)

Netaprl PllIIlL=) 13m (26019)

Other NO 0perlJlirlg lgtcome ~

Net PltI6I(LossI (330 541 (25111)

Al1fuImenl rtlabrlg 0 ~ yea 283 (090)

Aafrd3l81 (Loss) btaJghI otwyenll 123S1ampt) 121 3183)

23831gt4Loss olIlied forward 0 Balance secthecl --_ -- ---

tn view of hoge3aJmulaled OSS yQIJI oseeees do not ~ paymentol OMlendb lhlIlyenand lor5mIar reascn no poMsonlorIrccne Ta illS teen mode

OPERATING PERFORMANCE CIurorQ the lWgtlniaI lyen _ raIincing ~ concernil1 ~ ltoduclion ~ made ~

prodution 00Trial Run basis as sta~ ed Out 01 1570J(froducIMateliaIsOi) 2~7laquo -- be odd

mn-l aI muIgt _ IIIeprockJdioo COSl This demortsltaled thatNrIUlaclumg of IVFklids 00COIllIllefCiaI bislS I3S

00 lorq(f VJable ilOO was leadiogtil ll incfea9 1osses

RENOVAOOMOfIilACHINES The ony prodocirg machine -8otteI Pact 360 inporled from RorrJTlSlag ~ German 1996 his beer MeIaI F~ and SlOlZ lrec)lendyo03l lllililil heav) ~ Spares are notreIldily avldatieWld ~ takes45 1060 r1ays timlI10 geldeliIefflj Jrom fWeculIly 0I~ Melt renovatIOn of the mactWIe he ~ 1OCllt SlIIPS of tilher 0l0l1 ~ l)I Wjj~ b8sIS or ~~ Since ~ and seIlIlg was nnrhm _ _ ~~lI til to OIotgt1 reIlIlDMlIop1h some esEd partIeS Iilte Fresenils Baxler E Bltawn _0Ihen l)I Wwld~11

~ laded cecase 01 lOIWIIoltcl1irltj 01 pnce llgt]e1llel OTth irm WTlmitnents lUfIl b mIfOnJITI lIlyof prorladJon Hence ~ _ 00 0Iher~ bullllake a decision 10 seIthe ntra1IeI1OlS Ftid ~

~ SALE Of ASSETS The Canpa1y beori 8 loss tIIabng unrI reecs reslrIcIlIIng of Its busrness TheCompany~ ~ IIugo amountaf -ecuea lOin II 000lltS

3

bull -----------~~~-==~

SIlcetheBoW is ~ _ ines clWsiless t al ilImeetilgheldan 151ha-y 2010 dIOOect Uljel1O jCU apptMII10501111Iese ranster orlllheroisoedispose of the I V FkIid IIIalIJfadYfing rracl1inelties andother _ or the Company elttIer whcleor part ill til Silid meeting 1Ile Board decided 1D- pi consenlllWJVlll lIIltlIlt SCdclltI 293(1~ a111gte Coo i kt I166by _ dSpoocial IdJIicII ~ he Ilcordri DrecIDrs of he ~ b _ lease IraOSIef or cItllIi 1is8 disllCSe cIhe or sullslaMally the whol8 or pertof lI8 CompanISassets mere spedfica~ siIuated e lh1 ~nyl acklry et~ Sanarou SIaOan fbad Koikal3-700 1OJlvwodoh ltXlrlSIt1~ dhe SIlaidddei$ has__ Itrougll poslalbIllcI underS8cbcIl 293( 1~8)

__~ 19VrStleCW kt 19gt6aId ttgtC_ -- ( ~oing o ttl R~ b-1QslaI8iIIcl) Rules 2001 CcnseqiIent tll lhe CXWlsenll ~~ld rem lhe sh8retgtIIclers ltr 17thrlnh 2010ee Ibanj fIIIIiakgtj SiledlVFlud maruIlIdlmg~ Th8 tmd~havl ~Illlergt - usecllD pill cI partll itsomeandkm

FlffiJREPLANS

In _dd8cislcndbnnging Iroes ofbullness 8 runbero allemati16 are lJIIller~ ~indoItIes ttjng

~ hospiQIb Medical Call Unit IleaI1h proj8clS E~ Cft U8il C8ncer RseanIl lklil5 1illlgttl1l 1lC In8lldIlIor lhe IoItd_ also iJIolt_1o oppIyfor- ltnIlfogI lbjocI0 o1M Uemnndum ofAssociatJoo Ilrany olh8rltablevenblIe and~ ne=sary a~ oIlI8rdeosicn 10 Iieve the~ny from iI$huge iabi~es bull IrILNAGEIIENTOISCUSSlON ANJAHALYSIS

I INOOSTRVSTRrJCTUHpoundAftODEVELOPtIEIfTS Oncelhe lnlj8cfis ideo iCfiedt be possoIIle 10 dlscussbolhSlnCnand de I I ~ orthePcjacI

2 OPPORT1JNmESAHOTHREATS

T1lele arenllO)~ for Pi 10_ PIds tlanagoomenl is rneIoirrJ 8 ~ sLltI) on 5ldI - prqets SeIecbon gf a Irqefl is Ihoays $ItIjed lD lillting risk A Projecl RepoIl exp(lSe some ~ am lhrlIlIIs Sim~ ~ y impiementatiDll ofIheProject largely cle(lends01 a numbeI ItiXIi iIiiQeioies

1 SEGJlENT-MSfPROOUCl-IMSEPf1lF()RjIAN(f VrM ~ is S8iIIf1Ii a suitable prJjecIkeeping rrondof Itgtpast e+lnc8 lterelue ~mdeo wdorwiseperfonranoedoes not eths

oonOOK The prospects ofIhe CCrnpatry liIyeiy Qepefgtjlo -01 _ poejIot ~

WibiIily1btolMft SMIlS lObe brV4 gtieIoofpntlabe581 Iii d I j)iltJd8tlle orciedshy5 RlSKSI CONCERNS

Tho -01-Company ~ 10l a flIir nl8IllrI d PokC1har aspects or concem ~ pyen CGmpIIry RluIe I jcwd an apptCpf1aI8 projea flning ofttll laid projectrld seiecllon ofalrwgtlDl flIIIlIlI loreocnco cltheprojed

I IIoTFRNAL CCNTROSISTpoundIIS I 1HEIR ADEQUACY Manlenance fi prcper and lllleQuate 5jS1en1 (ll rmmaI cootroI _ hlII all _ ~

proIIlded against lcsIlrom ~ use and lIlalllll ~ in aohnlecl and ded and fIll At oXlen pltogram n ltma1 and ccnIluousAulilreYieW suppIemens tt trtemal cmtngt sysBm 8$ paI pa-08latll8 ~oixJmanleIl pdkiesarid~

7 FWANCSALPERFORIIIANCEWITH ReSPECTTOOPERA71ONAlPBlFORMANCE

Thlllrulme m sale d lriaI pngtdId5 aid ral8 at scrapll9d 10Rs37511cs lUnl tle yearend8d3151 dl2lll0 The Companywtfullda nelopeltatng loIBofRs3 3227 LIes ag-lIt Rs 26019lacs01pr-w YEW

I HUMANRESOURCEampNDUSTRlALRSA7IONS l presanIyoorCompanyte 92 eiklroe on tole ~ Inizet 1118 ~rw and (J)IlrtUJon 01111 e nd IU 0tBl1D - IlKWlIlinarollD ~he quelily01tvnJ SlnlIrd ReIns dln1g tie fRI

shy

~ltlo managenwJlandrlelt-ecardiai YllUCompany 00I1ImIlIlld IIIemIft lIlll heallllandlllllty III Yemployee at its lltodory bypmWtng 24 Ilcurn ~ medical chedlt-ltIP by docb Your CorrIany is aIao ilted to pnJlllOlilg iIlTlOlI9SI its em~ ~ _ ()f~ IXIIiiJcting 01 tanng ~~ i1 onllIr III lCtll5lQm n ~ lie quality 01 its ~wei_ill MSIQ ~andrQIlcaIe i1hemtie need fore1IiC8JlUSl d -as utilibes R ather felOUIllIlS IllIl3Xllllll pmduiMty Your Company provides iee ~ acilities for a yees It $cJnarplt6 TheIjlIc__lIaIo1g accooded liitfll SJPllOIllltheenlfur~1lNivaIrJII- Company ~ ir1 __ rJ ~ rJ pressrc prlXilclion aclNiIiI5 YV ~~ may 00tlSidst reducing IS1lalI sRngIh till0fJll)le0 ie 1aIiG ()f ltleW projod ~lhe Miioeo~ islIIpmenl Ieeli1g a_of r85llesstleSSarnongst E eM

DIRECTORS RESPONSIBILITY STATEMENT a Your~ ~folIcwed Accounting StnarltIsn lllllplteparabon rJ-nlaIAogtmt5 b Yoor 0R0lDrs IWd ~ $IIifl1ltaltlltlng Idcies asrroliOi ldd 11the ~ III flttlulls and sWiied hem

WlSislefllty iIildmade~lS n Ihal are realllllllillen prudeoI saaslD grwe Strueand m_ d stale of s~ olllle Com pan~ SIIIIe m rJ31sl Marth 2010 n 01 ee loss d theCoqIany or Iheyear erdirlg31S1Mardl2010

c Ywr ~ hsve Illlt prtlpll n suffICient en bI fie msntllliJnCll rJ sdecp-lICCltlUIlIoIg1llllnls i1 ~ Iheprovisiorn ollie ~ Act 195ampor ~ lle_ d IheCoo1pany and Jar prllV9I1tingancldelSdl frnud and_~

d Your~~peped Ille AMual AcwJnts on s gci1g OOllOllll I)asls _

FIXElllleurolOSlT Dunnglle jM _ jOUlCompany Pla5rdaccepled -ydeposillrom Public

PARTICULARS OFEMPlOYfES SecUl217(2A) at theCollllIloesAct 1956wlIS rd slice tllenI_ no~yeedrawi1qsalaydlmghe yeari1pClS$ dthe SPedfied smon CONSERVATK OF ENERGY TECHNOlOGY ABSORPTlC FOREIGN EXCHANGE EARN INGS amp EXPENDITURE

A CONSERIIATION OFBfERGY 1 -and Feornplion C_Y- iouI-v

Eiodldji WBSEOCL

lt~ 1gtlt875 143593 1757578 Rs Kooh 1224

10671 243670 1n581 bull -- - 2213 Rs 1l Consumption per Untt 01 P-- crrt Yu PrwiouI Yoo

~I-~_ltgt 0shyI - =1

The energy ~ hasalways beefl bull plioily ares forheCompany roo dreclloS are ymuch consaous ()fhe need1crcmservalion0energy lIS onP9 pIIXllSS n 1cr thstpupOSll connaooseIforts n beII msdefor OpllTUll -shy

bull 5

B rrcHNOtOOYABSORI7IOH The Corrgtany iswaiting forlll project 10romeil The~ IIereb IIldeltIake5 trat theedvlolog) 0Ie fIOCl boU-bed ciJrinll ard I Ii aIIer theieJIei Itl ohe pmfICl

C FOREIGN EXCHANGEEARNINGAIDEXPENfHTURE (Amount in IeI

Current Y Previous Year ~

1121m

bull ~

~ AUlnORSMIOAUDlTREPQRT

Mews RaeSh 00aurvedI ampIssocgtatos ChaneredAcoounlantsIe theslatutwy audilorsol theCompyenly whofat bull

lhe lJflllolmng MrlUal Ger ling ond being cOgi)Ie ~1Ilad J iItid bYlle ~Illhigt

Iunlal GeneraI Tha ollservilOOrs cllhe aUlt1lors on Itgteir repolt1 on tie ~s aoount U 2(lQ9l II QOI QJDn ha- been AienlIydislthlaquoI intileNoles MAolttulIIlIftll bm ~orhi AcaulIs iIICl neednolurtheo~

AUDITORS-CERTIFICATE ONCORPOllATE GOVERNANCE

A Qlrtioca frtrn he iI)r ollie Cor(Jany IfI9IIog ~ wilh rae Code d Corpornle Govemance as ipo j -aa-49~IhRLi$tIllgAgr_rt isilllOampedtohis Report

DIRECTORS

SIi C5 ChoudhJry andDr SMillai Chatrnborty DirecIorn relire at thelorthcDmiolg MruaI General ~ and beilg ll9beolItor ~1ot middotltgtwltgtbiC

ACI(NOWlEOGEMENT

YOlIllOlcIDrs Jlace on rlKllfll heIf IIIrJliite IIanllts and dell eaaIoo 10Il1e vanous GoYerrwrent Oeparvrerm 8argtks SIlillenolOer1yenKl~ulhe~foflhelrltgtgtlt1inuppoo1lo ttuo~ ny

For andln behlIlf0fie Board

REPORT ON CORPORATE GOVERNANCE

COIIIPANrS PHILOSOPItYON CORPORATE GOVERNANCE

seee Industres lirroIed IS oommrttIlC I) meoqea dhe ~ ng ~ Inhe WIfCISe of ~ andpUllltlagl red~ L Tha Corqlany is bfIer ccwrrilIIId 10 eflSIlre ccwr1JlIeIKe with the GJde 0 Corxlmte Gaemaoce10eohiloce and proled the iolterestofam f1e sha~5

BOARDOF DRECTQftS

Tt~ compositon 01 the Baard 01 Oiroclors s reglalilltl bot lhe Camlgtanies AD1956 iIICllhe CoJ-rparlys ArIdes 01 Asociam 1M IloBrd oIDlfeclOfs rJ1le ~ _he ShIegic goasbased ontgte ~ oftheCompany __1gt policies ItId0-- t3bntIollllclSe ~ tofaobt ~ lielakingd 5lIillllIIe adiln for atlaOlllelll ofitsgoals

6

AIpresent the composrtioo oItha Board of Directors coosislsofEx 16) DirocIoo SriKajaSengupta the main IIffiIllOter and ItJe Chair ampManaging (ljree1orheadsthe Board SriKajar Sengupla isBSe (Hens)graduate and has 31 years ofvaluable eltpererlCe inhi-1ecI1 OJl1strucliorl and PhalmalteutlCals Ifldugttry No ~ ourrtlypaid tohim The Vice Cman 01 theSoard isSriCSChoudhury SnChoodhury isa ~aduate lIT theCormIeltce Sream lId islro Fellow mcmbet of the lnslrtute 01 Cost 3Worllts ACltXgtlmtanls of India lie has expooence 01 near1y 1M 15) decades vaoou Comp1ns 01 Enggtneenng Cltgtnsuudlon Steel Tea Tm1ber Hotel andPharrnacevlicals Heis due10 rNre by mtalion altld be1ng oIigible oers hi mseIf fltlr rtl-ilPXJinlmerll ill llgte forthoorrmgAAnuai GeIlerID Meeling Sri i(jl19shUk Sengupta is a B~or of Commerce and lias over 16 years e~ in higtgt-t-eeh COItStruCIioo pharmaceuticals andgtoIe industries

Dr Sha ibal Chakraborty MBSS is a repotedcardViogist and hascxperieoce inmedical professm for (NIf wgt (2) decades He is due to retireby rotation and being eIQibIe offers himselllolt ~tmern in theforthcoming Annu1 General Mooting

Sri Pradip KUlllOf ChMvorty e representative ofsmallshareholders ofttleCompanyhasnea~ foor (4)decades01 ~eperience

Dr As hKumar SenguptaMBSSDGO(car)5a reputodmedicalproctiliooer havm9exjJerience eM 2G years AJ DireclOO Other ltlan SoKajltli SenguptaCl1altrman 8 Maraging Director Sri CSChoudll) 1lfJa Chairman and Sri IGngshuk Sengupta alte independelTl DirectorsThe represerrtatioo 011 tle Boord 01 DirocIoo 01 cxecutiw viH-vis ncoshyexewlive Din)(t(l(s is 33 The Company ho rool entered toanymalenel SlQrnflcantrellSadionwithnon-ampXCUlM DOedorsof theCompal

BOARD MEETING

During the yeelt under review fiw lloerdmeetiroJs were held 011 3rd Apnl 15th May29th June 27th July 14th August 30thOdober2009 and 15thJarwry201 O

The lasl Annual General Metm9 01 tile Compo) was hold on23nJ September 2009 The cornposjlion oftheBoard of [)recIon and thr attendance athe Board M ~ng s dum thoyear and athe Annual GeneralMaeu and IIe number 01otherDirectorshipand Boord Commmee MembershipICllairmanslip areasoIIows

UImber ofother Dirodolslip 3Allendance

Comm~ tiershiraquo CbalrrnanslHpName ofOiredors om ~ shy- tlIgt tOp -- --shy-Shri Kajal Sengupta - - lt

Eecutive Director r - r S1lri CS CcYojhury Egteattiw Oiredor Dr- SlIeftWCIiakra~ Independenl

Nm-Egteculive [)rector r 8M KiI1gshuIlt Seogupta -

Non-Execulile Oiroctor r 3 Dr As1sh Kr 5el19upta Independent

Non-Executl~ DIrector r- Shn Pradip Kumar ClIakralCly NcltHXflCltIroe DIreclor r y~

AUDIT COMMIITEE

The Audit Committ rompnse5 at two (21Noll-E-ltecutive0iltecI0rs and one Execuwe Director The nonlXecutl~ Directors being Dr Slaiba Challtralgtor)i Chairman ofAud~ Committee Or Asts1 Kumar Sengupta Ilttrile Shri Kajal Sengltlpta Choirmen 3Managing Di-ecIor is thesoleexewti [)jrectof Dumg theyearunderreview fi Audit Committee meetings were held thedates at those meetings being 3rd ~l 15th May 29thJlflamp 27thJul)

30Ih Ocklber 2009 and l5tl JinJary 2010 TheW ofhe Comn1llee and tileattenlance at the rneelIngs of Comrrotlee ee ~ below

Or SIiIitgtIII Chogtkretgtoltt

SoKajlII SengupIa

Dr AsnISh KltnlrSIr9JPIa

Moaf~_

bull e e

ThelemlSofefeoleandtile~of~ce o1 lheArditCltnmllee incIude shyI Erampmg 00flIllkarre and~eIlitieocl oflllefnll w-nI system as weias ilIemaIlkOl

b RellieWing of ~s fInancaaI perlormamil 81 ~ intervals os til as ~ng of Ihe ~$ RnanoalN(OtIy lIlCISS ond COItUfIV FnaICiaIStatements beIor8 SltltrIIssIon 10 tIlelloatd

C ~soopeandadeQuacyofalltlfu1dions bodlintemalno statrOIY d ~ 01cnbcaI fll1dlngs particUar~le toelebof= t eoorgtOmlZllllon n~ iltJIprtrmg ~and po otllabiily asweiasrelated followJPadJons 1hefeoI

~oIAaxgt111ingSandardsandDildoslnnormsprescnbedunOOrlhe~Acl1956

f Disdosng ofIinni8l ilIooTIaion wl ertSUing its correctness 1UIiaency 0e0i0ltit and rIs oroQ llih SlDdlt ExdIange Regulalbns Eli IoOl as0IherIeg3I requirements

g ReoJoeoding appoilbel l reflQVlI ofexternal~~ olaudrt feesandapprovaj b paymentbOlher seovices rendered byille extemaI auoiIors

h Reviewing fndrgtg ofNlilobsertallOfltS and(Jibcal w ke susperoled rul ororregularity orlamofilIemaI rootroIsystemsand~ sllCh matterslOtlelloard

Re~ of mallers ~atrng to dIarges n ICCCrUlUng polices fIlIlOlt IltXOltlt1bng entries based on eunlsc of judyel ell ransactiortsn dI0irecIcn8Ill dlrlaquoli IlIdrredlyriaesee

~ RevieooWg ofheFnaICiaI andRisgt Management Policies oftie Company

k Revrewing from _ klliIle the Comparly$ SlaIUkIIy and W1tradua1 gt as well as fOOSO1S fur ~

~tany

REMUNERAnotI COMMITIEE

RemJneltaIlon Cornmotlee ~ 01 two -exerullle llitIdDS viz Of ASISh Klmar 5ef9JpIa Dr ShailaI ChaOtaborty and ooeeJecaCiW ()recu viz Shri CS ctwtuyVee Chailmall was blIed by the Board atIts meeD] heldon31slOclobelt 2006 TheCommi lleeis~by OfASISh Kumao ~ TheCorrmitteehBse--ad I01h row kllleIerlrine Ihe terms 01 awonment and rtmuooralion of ExecuM DilOCbs policy on renue-aboo packageoIheExecutMl Difeclorsand 0 inSIttiog leesas pad klllrtecbs lorallending meetiI gtgs oIlhe 80arC or Cormittees theIeof During tle1narOIIl)ampyenooeme~ washeldon 1$111 Ja ry 2010

The arnposrtion oftile CorrvnitIee andIhe allendargtte ofhe II lP ofheCormIittee-areflivel beIcM- _-Dr ASISh Ktrnar Sergupra

Dr~ Chaklltllgtorty

Sri CSChoudIury

-shyChairman

8

SHoREHOLOEfICOmiddot TEE

S1 dlIIos Coull WIUI fA Ine ilClelodoo~ llntrs yenIl- OrAslsh K-rw ~ Or ~ OI8kI tyllld Shies Claduy Va on _lomgted byheBoIItl aI ilsrneettlg ~on 311l~20lllI The c tie -lid Dr - Kumor~ The Iem$fA to fA s wO 01 v- ~ fA

fA IIe Ca__ 111 td we ~ ilt Illd 111

pe1bfAlII ~1lldsrT nclIlloIW ilS __ -clIdIll~ lI~

No fA S1dldlIIos ~lOlir ~

Nod ~ II Nil

GENERAl BODY lIlEETItG

Thelal~ lIIIWlgfA~_PIIIldItSditacl_

1HIlAW

umiddot Sttwillii 2lDI

23 s Jillii 2Xl9

SpKIlIIIR bull ~a I~~ 9S

One(ljSpecgtlll R bull _---e--clnlglhellinler~

No spolOIII-on bull P-IOr ~ fIIIu1l PliI biIlloI b ben

PtollliI e-t1lld W COl Imiddot ry -ar pill Go is II Setu1192AfA Ill Ca_ =L 1li56-c1 Cou_IPiIIiIIIg 0I1lli Igt ton lII PllaIiI bIIkil) ~ 2001 an eBCII WIlt 90anl fA Ondori appQi _ tlr~ -dI PtollliI biIlloI

ceccc bull Duolrlg h _ ng _ II __ ~ Oitean llIl1e

Moo~_o1lhIir bullbullmiddot OfIlllilioo5IralIllglll_~~wl-fAlhiConlpatlyat b Tlwn_ng lllilInceoi non-w lCefA iI)- ~lllIlliC3pltllclnlgIIIIlrne~ald

ee pili bull 0I1hllQs _ ~ on ~ by SIPIr ~ Ill SE8lIlI oe iIalIb) ~ on _1lIIiI8d 111 capIlaI __ clnlg r1asl (31 _Illd euepl uplIiGo n ~oI~s ShIres byS1Ddlt EgtchltIIJ 01 b ~ ~iCEiald ~hnebeen lI n _ tal CCIrr1parly II hopefUfA idla 01 sbove suspetlSIllII at eat dIIe

c n lull Ca_ lIlIolos eqlIo18lS 111 ~ obOul bel acul or suspelgtdeltl hull 01

fIeeanpry-lhDuloI PU

9

I

IIEAIIS Of ~l1OIII

cu _SDt~~~ l~_-ly~reds_

been ~ _ a - toO _ 01 ~lt)w hall ollie ~ ll AampdIelI ~hriI~rdJliShIdhlllI(3)mcnh rJecIo6eoltgteilnaroll)U ~-AIaenomalyputlllshld cnr ~ EnjlIII rei_ 6ongiI6 New i Vlz F ~ I B _ SlIrdiIrII (Englmllrld KaIInIir i PraIicIol I ~ I 0IherSUIIIblI ~ The ~ iss- IIIW5 ~ on 9 ~ COPOsle ~aoo aetiLties Scd1 forrmtion ~acl also beendislUycd from lime ll lime In theColrQao(s Wabllt fWNW~com but such~lioollasbeen madelolsJtulklnal inveslDrsorlolhelnliysts

RlSl MAHAGpoundIlENT

Tha Board oIlllretlors II Is meeti1l hekI 0Il 2nd lUi 200111as loIid- IIlII Rs MiowgGi(yni~

~bpti~IbIlhBoW~IIensllt ertnlbullbull iallllfOC1ns ~riIli bullbullaE_ ~pliC1t Ths~ bull ogli5llt~-nd lIuIrlls d carco-nj middot7 yog

~o- hebogoo _Ile~-b 80 bsl

Tl-onUltIlSb0 0iIfJI~ d-ndp 1-1i _ shy~ Roopcotioog ltiIl

TloeeIilCtllll_ -at-ly~anlllO

oDE Of CONllJCT

nw OooollotIal ~PlIlIdon2lld_2W1 ~CodildCoQclbtoe d~ _ tie lltll 01 Dnlttto-4or E oeo oeo s01SeniorllaoCoftgtlI~ -= _ WI oIoIos

1 To 1d1he 1--d and iOlcirrobOgMms 10 tgtlI~IdIlclneSt)o ~ aIalIy and ~QlI(kJllIllnlsetoes tl 1 lXIUItIlW1 and~ ITllFfIT IIld noI1IM fnptper Idvantltge oflhl~0I1he Dncba 5IlfIIlr~

2 To~wiIh p4ic __noIeoond-middot

3 To Id gcoIlIilh ~ u cn 00~~ and ltifYo wrthtot IiIcJwoJlg lteir deldoi~ jlOjlobullbulltll)lllblldio

C 101d IoerNncealdh~oflhe~

5 To ~ -sr hi - Goglny lIIIIIn _011_III I o-eIat he adl cu iorlle _~ wtcIlleltiQlOid lliJealo -or~hrilSUlI_

5 To lllId III cu- oflb I1ll lelllln of~ toe cone d 5_O-Sw=Ilae-DIIlde--telldloonbIOOpMrS ~_alIIlatIzedor~lOdo1doIJIlldlob --ilrn-og1lle~~-b-__

a AooOO 1SIjjIny1bilt~I-clCIP8JIYOoodros b~gIrIltin_fIIl

LitUIllllillIIbhlCJmpilnys

7

--

9 Nglo_wilIOl 8ClP8dauwd_ DnanIor_IftOIIII_grb~d ~iI wnidIr-ohctar-dncl1lllrlllt

I ItIiP ~ar~~d-1-dIllldwN bullbull txIushyAONbWho-w_ wu_tIlcUd _lldIca__ a-d ed__Ile_ttl_gr $ dariliMl d~arbullbullbullbull 1 pgIicf nlIll1-W-llr IllBowll_ tnne-cl _lgradllCbl o-sw hey-IUd__CD1Ir_oode 1gt10-- u Ccde_Seniarpaw I

GEHERAlSHAREHOlDERIOFORIIATlON A-r~ ~ OngrlRn _Soii _2011 ald 1

C ~ S bIlts ~~SliIonRcamp1 KtMI- 1llIll03

The Carnpaytskm l SAp1l lo31S Ylrdl ~far lrllloMlJIifWSb2111(ll Illd dod ~1ar4tl~erdtlg311lldaJdl2011llIwlildeoedasPlrClluu~1 dLiIlnIlAyw=t _ SUiExctooiglS 0alBooot lIltIsIn ThI dMIs d book drI5uI1I llOll4d be tolIXI d (1) dIys Nt- ltII nell ArnoI ~~

DMOond P- DItt In- dille contnoous loss flcurIed bythe CotrcIony no ~ Ilai been ecollwendd for theyMt 2Q(l9-10 ~ onSlodl ExchMgt~

SIQs d Company nlisllld wdh h Skidlt EcIIyenoges d KoIIIIIIlld MumbIo

Stoclo Codo

) Sbt CaIo d SIot Egtdlengebull tVtlIi

bj S1oc1 CadId SIot ~ Kobto C) oma I$IN

rI hStloj COSlIar Equitybres d ~ 1llpoundl12C(l11l18-- _fIl-golnlg _ O illlxraquo z zrd-tll

q bull w ShM TAgiMt _ _LId D511 llIgn 7lBRll8 Roio1 ~-700001

sw T S-TIIz srehAIIIt-__-~bnl_ poo _Oil ~1 Illd _ lDIl d 15ltiIys b doled IlIOIlIIl ~ bon__bull II fIIIl2stI bull _dSEBl IlJdlIIS CO J lzcIIJd9-T~ l--1lI_ 1IiZIIlnrWbull apICXIlIIIr_tl owh $ dlampijsd lOd 9__01_ ~opISbdemIl~ iD tl

llimil ill DtoixgtsIb Pa (llP) opIiol 01 ~ ThI Dol Pa jjlii z~tliMlIOlIlIair _tlCciroIPWl liang_oil -lopleXl OnleCllPldllW_ ~ dIbullbullwtleilalilwe In_eedDesrDlgdoiIIle IX~despItjes__

--

--

Diol oI Sb Smiddotmiddot~raquol

bull 01 ToaoI SlIiiel C ~ltI 5110 lOll

a 101le 500 501 101000

UlOllO sooo 5001 10 10010 100011020000

a 200011050000

bull llUl01 101 OJ000

bull5

~ 00 00 1IIl r

ss 0 6211

a 00 n oro

O~ 01

bull Q

un

as OIl 11 ~ 2ln

T fo or ToaoI sushysea 0)1

OJgt 1022190

91 an

611655 ~ 169999

~

~

Z~

Z~

~zsoo

1101 SIIoIII S 1gt- of 1M~

_shyshyr-Pluo ~_shy-

shy

Foreq1~r

~IioIHI_s

61~100

lIZl00

sss

- 5

315S2 3394849

210299

-500

41101shy

az

bullbull t s o

100bull One bull jz 01~

ThI_~III~_OOOOP_ (1__29lgt~2O(I-t do ~1ICi9_e NStlOllI51l 2001 n aJSl illI -ltIIrIay 2m1 Tl3sl WitId 201O1le~ll driAzlo~b4 3801Ifot ltlCl8fool

-OUTSTampNDlNG GDR I ADR WARRANTS OR ANY CONVERnlllE INSTRUMENTS CONVERSlOtl DATE-ND lICELY IlPACTON EOlKTY

n~ -1lllI_ 1 GORIADR IWi15 1~ nswmentsanl hence lhn IS eo ~on re E~~aIhI~UIrgtltD oIIbcMOlStlmItlI$

- COCA SertIOhlushstmled KyenbIIL SovlUSIilIol Fad PO ~~ 100 103

ADDRESS FOR COAAESPOMOEMCE Forllnleo del 01 crollorqry -olllhn nlniIIIInrlll8lad laIied 5enbo~lhiItd 87UnIl s-~ 700 013 fue 03322178915 896 F 033m5911l5 22178917 E-IIl bw Jlu LillDIlIII - _~

AUDITORS REPORT ON CORPORATE GOVERNANCE TcltSha- It CIISenbo uIId 1 Wer-_ C UGh af ~aelfsnInlUroe$~b

Inlng 31S1wtf12010 flaeltf9a1hblnagodh~sxt Eoct 2 The_u dw rJw 1lMl 15 hesogtsblll dh_yenel CJI6 I

_Iiro-I tl~1II u ~b)h~bIIISlJII cubullbulla COidoo air COrpnII - M aid_ a E4I d on hOII 5t_d~

3 QIopIUI roIllI flit tc aI Ioo I kl10e V- tl _ adIIyh ~_wl4W w ~G z In__ 1IIl4Jbull We 1Ia __ grbullbullbullca REgiA amp Ston i C s shy_ d hi --a_CBIlIocl_ason 31S11oi1rttl21110 lO r-greaald9 1lJIOIIl_~bl~~tneoncnll

5 We adI ultr5IlIrIJIDIastlUewdfyd~ngr or bull I ~_amplel~tle~attgte~

For RAJESH CHATURVEOt ampASSOCIATES 0- __ bullbull

Itbull Po

~~~op No52a

AUDITORS REPORT

TO THE -WlFRS Of SENllONXJSTRESlMTpoundO

WI _uMild 80 SrIeeI d Serbllrlllustles InIIlM1Il3111 rlIrdI2l)10 r PrIllll l loI5Aalull lorlit liM IlIlIlil c--edarcI Cash Foo 51 161 lorh petllXI endIol on IltI dIltTt-ir8alI lolSnllel_d~118JI0u~ ~eonss Ol)irIoingn-kvOiI lolS-IonOlladl we _ ~OIIaltIIlIU AucInlSlirdanllge bull Ej hiiL n-StIi(laods Won ihel we plala petbm Ile kI ~~_illouI hlCiaI Ieare free d eA1IadolnUles_ bullbulliG-ona_tlaSII~Q~Ie_itld~

1hI1iN1rrili111 olSMallClUlecncUlls gOeaexDrCHhiCl(lllSllSIditldliUbullbullbulleoa I made by lIliiI8l8ieI III~ r0YIIlIli lrinIII $ e=-we belevelltlWlaDIptllOOde$l -onable lIISi5lorWI opirIion Wereportlhal 1 All ~ by he ~ I Report) QrIler 2003-ed by CefVII ~ SecIol

221(4A)oI the ~Ad 19$1fld bullbull1lIed YCJ~ we endosoe IIheAllnellft1 I 6donhe

ta

--

focltl iOjA4an1 5of1tlltI ~ 0rilPlt 2 Forttgtelt 10 oltsltOIIIITgtI1l intheAAnexUl1l refemld 0 inparagrapI1 1ilbove we ~ lhal

(sl We hIM obl3Ined ltII b i nj elQla OIlidl kllhe beol 0I llU IltIooIIeIlge and rae were oecessaoylolhegtUpo5eofcur~

(h)InQJr~OO prQ)(IbookJ ofoxountasreqUred bylaw hMebeen llteptblIe ~solaras~ rQm onllamplTlalioo dhose books

(c) The 8alance Sheetnj Proftamp loss Aoourlt 00aIl iMIl byh$ Report are inag SEll IiCIIwil1 the books ofilCCOUnt (d) InClI opioioo ee Balance Sheet ProIil amp lois Acoount amCash Pow ~ Odh IIfAacultng Slaodiods

rlIotfed inSectioI21l(3C)oI1h11 Coo IlpanAct 19$ ill solaraskSlardarlls Up1l llhle to he~

(ej 01111e DaIS0I11l11811 ~oIIltnl recellltllrcentm lho ~as oltl 31ltlllorch 1010 -IlakM onrecoltd by he Boanl of DirtctltlrS W8 rcoon ltIalnone rJ the DillJdors aAI ~ ason 31S datd12010 frJm beng appl)i1ltK1as DndI-ltOnlhe---g0l~27 4 (l)j)oIlIe ~Ad 195E

(~ In opioioo MIl III Ihe best QUI informata1 andaaorIlng to the ~lions lJnto us lheS3IC financial_r-d no_WIth It Silt1Nfgtanllatu1tingPciOe5inl subjello ~oI 11~~01 BoniS GralIiIy LltMI EroaslYrent lIrId~ reeeeee COl Sltsu-Ily )epoKCtfw3I UacicaI $lcrliSheltmlIIl101 wIidltaanotbeendee1millad Notbull bull regardlllgroorgt-chalt gingoiRelteSlCOllnter~ 8oowllIfroma~~ ~S on Pamptj~on Sorory~ampuy Aibs lIrIdlC8iSand~

~ oW lreganlilg~or_dwithMibull F Kbivt UltI tho_lO Notll egarding ~ oIAotoonIllgStandard 1$~6enefds nllle AIallWs

1gt1 bnirg pall 01 SdeduIe 22 flIllCI ~ -Mlh oiliernolM lheren giesfie rIorTnation ill ite mannerso -ec by 1he~Acl 1956andgivealreandlatr Iij Inhecase ofee Baiance ~OlllleSlaleoti1l1aQCorr4gtonY31 Motttt -00 (il 1iI he caeoflte ProilampLossAIC0Iltgte105$ for IIfyell elidedOIlltlat dale and fli) I Ihe case oftheCashAow Statement0thecash lowsoIthe ~ tJrlha lIaI eMed on lla1 dam

For RAJESH CHATURVEDI amp ASSOCIATES Chartared Accountants

RClgtatuMOi- Dateel 2811 May 2010 ~MobMMbullbullbullbull

ANNEXURE TOAUOIT(RS REPORT IReferrtd to iI Paragtliph I 0 _ RtjlOl

1 In respecl ofis flxedassets al The ~ te5 ~pIqlliI reortlosllllfl ful ~ ndodng qumtoIYe details anlsi=lion 01

FudAsselsonlhebasisolirlJrlnallon8Yaiible h) kgtorrIng to ee iobmaion ifld explanalions gWen tousee Fixelt Asm IaVe beer physIaIIy-t by the it~alreasonahle lIlIlVaIsand no_ClISCtlIaICle__ongtltdoYftrifalioon

c) II cu- opnon he ~ laS 001 cIspo$ed d subsIlniaI pall of fiMd assets dIIingIIIe yearanl thegoing ll)rOm $I31US oIllle CompenlIS flOI 8ffeced

2 In rl)Sped ol lllY8fl1lrie5 ailemiddot I IF Old II us ~ SIIri dlinlahad goods sbamp lllIamp ~ argtl raw itIiIlera6 exoejIl sIocls ththll

PIlies and IaIl5Il dal a ll phy$icIII~ verified byIIIeiNMgemeot al raasooarMe rlleltlaiS blmourLlJllllOll andaccoofug tIllhe ir1bmalictt 8Ild~~lolSlha proceVesolJttysica

II Adlts foIowed by ~ -abla argtl adequate rela01cent Ihf size d Iflt Coo1pany and lltueolils~

cl Pol eplaled Igt thediwepancjao nolieoltI onnflclloon bo_ It-PhysicaI Slrlcgts and IIle Book Records oIlfIelevef material haoll bee~deallMIlhe booksolaccoons

3 ln~oIloarr

alThe ColrQan dunng he 18 ha$ taken ~ loarts 10m Coolanies isIed n toe RegISlel fII8IlIained Ofdmllll dfleCorapeniesId 1$6 dllSal3llanliillilt w11ree

b) respeetolloans and acMnces il1he oIloonsQbVthe Ccnplyt)any~sla1Iwheltesbpulatms havebeltln made partiesistilllls havegeneraly repaid the atnOIflli as 5jplaquo j oIterlanthose written Qll ltltrIng treyea

4 In OU opiI1ioo 8lId 1 Jollie io1omr8tion ilI1d ~ 10 us eee ae1ldeqJI1e i1temal 00fllr0I prooedures~wiIIllhe sizerJlhe ~ llIdlhe_rJcentS OOsiness lorthepurdlaseolstwes shymaterials irdJIlng 0CWfIP0IIIlls plant amp Ichiy ~ and olher _ and lorthe sale of llJXlS 8lId servilte ~ is regolalt intaking rorredM -eswtlenvll( major ~ in iJlemaI COOIrtIl are 0 31111lt1

5 InCUopnioo and accllI1Jing to lhe bull ottand explanatioos gven tous110 transaellOnwas madeb- purchase 01 goodsrodma_ arid salerJgood$ mariaIs 8lId_ III purwance 01Clllilaets (I 810ge0 l8IllS entered in the er malntaioad lfW Section 301 oIlhe CompaIieStltt 1956 andagrpgalilg o1rigtg the year III Rs 500(00Of more inrespecl ofeach Pall)

6 The Comparl~ has rd~ anydepolIbfrom the pubic inIl1IJIIIU 01 SecIoos 58A 58AAor anyolherflOyenanl prtlVlSlOIS ollhesa

7_lIOUI opiMln Company has lIrllrrlemai Auditsystem 000 lei0SInIeWIIh ltIs size and thefIIbe oflSbusJIess 8 AalmIlgt) iJIcIrmaIioo and egtpl3llllbOnS gigtO kI ustheCeMaI ~t has notprescnled 1eniInce 01

costrecudsulS209(1J (d)ollhe CMIpooieampAa 1956 bany~o1 lhe~ 9 Inrosped cl S1IIu1orydues

a) Arcming 10 Ihe reoords oIlheCorr(lany at 0UIWndng dIJes In respect of Providert Flft1 Etlploees Stale InslrarceWilst BengalVAT CervrnI SalesT- 1rgtCQme Taxes rmSI rknoiplII Tn F IorPolutioo Conlrol Tradii Wcense and tire liclne eamp haVl eeee paid du 2OOS-10

bl Aoord glo tile~ follJfId egtpIarIaIiom given 10 os 00~ or~ amets payablei1respecl aIiPlCtNTllltl sales au WSIOlTl5 OOly exose dulyordues peyIIbIe 10 any olher SaluloIy and II](Local ~

were oolStnli1gasat31 $I Marth2010loraperiodd rro-e tlao silt ~ from Ihedate theyeeeerepayaIW 10 The 8CWlIIAaIed losses oIlhe Company at theend oIlhe fio1niaI )Ilar a Ine= 01 its networth I has rcuml

caslliosses duIngtie l8 iIIIdalso inthe previous JnancIlII year 11 The ~ has notOOIaultedInPilyment rJltlues toany fnIIciaI lltllliortorbankorltlebeo1IUes tdders 12 In00 0lIlDl am ~ III the ~ an explanalion grven to us 00 loans an acMnces haYe boon

pliedbytie CompanyfS1 theblIsisrJ$lllUIIybyayorpledge ofshates debenIIresan OIlIer secuilies 13 In 00 opnoo the CorJImy is nor a chl bld or a r)(IlVrnutua fundIsooely Therefore daose 4 ( ~~I rJ the

Coo-nIianies IAuliIor$ ReJxx1) Odef200J ltd as amended upto-date iampnoI ~ IllheCompMy 14 mour opinion the Canpany has notrIeaIl or traded in shares ~ detlen1urelts aod 1lVeWnen$ ThBreliJIIl

clause 4 I) olIM CD-npanos (AWibs Reportl 0r0ar 2003 an 3$ _idad upIO-dala is ootaPflkable tl the

1S The ~ lias nol980 guaranleesfor loanslaIlten byotIer$ from BanksorFinanciallnSlillJllon$ 16 The~1l1asnot~ itlynew mm loans (Urg theyear- The Termloans OUlSlandllgallhe bullmiddotgrJthe

lUwasril 17 ~tc the formation an e~given 10 usandonan overaleaminalionol theBalaa Sheelal the ~ weare 0theopinionIN no $horImm1oarl$1Ia been usOO lor long IIm1 tl esIi IIII ltIS

18 lloong the yeartheCompany lias nor madeanyprelltmntial allotment rJsIllfts tl parIIeS and companies covered in theregf$(efmain~tJ~ 301 al theCompaniesAct 1956

1gThe Company lias nossuedany detlenIlIres during heY9i 20The Company lias notlta1Sed any money byway ofpubloc rssue dnIg tie yei1II

( 21 In ouropnion Ild laquoeortIngtc the iflformalion arld xpIinItiorl gwnlO us 00fraud onorbytIaCOIl8Y has ~

nlttioIld orfIPOII8d dumg ee year thtcauses thefinoncliI satamanl$ to bemalariaiymissaled

For RAJESH CHATURVEOI ampASSOCIATES Chaltta-d AClOInlmtt

RChatu-di

PIacIl Kal Dated 28lhMa- 2010 ~libeis1 shyNo529llI

--Balance Sheet as at 31- March 2010

SOURCES Of FUNDS SHAREttOUlERSmiddot FIJNO _ -

APPlICATlON Of F1JNDS csers

IM$--OlIlgto-=-o

shy

100479000 2 92680000

musUIlI

3 1~zn245

194272245

rot )9$411245

bull 321969 061 - 1410U6ll

ClJRRpoundNT ASSETS lOANS ADVAIiCESu bull __ C81t 8lai8-a I-t

Sbull

U~356 72152(1ll71tl610

n 1-sTUw)shycww

I bull (872lillllll

u eolor taaicn

nuoo NET CUIlREHTASSETS

-(21129111)

Pfl()fJT amp lOSS ACCOUa 2711Sotl$l

rc 3910431245

NOTESTO TIE ACCOUNTS 22 Thf~~ t1ooe bm iIf1 gal part1If he Ballnlo SheeI

In _ aI(Ill IIIllOI aloMn dale 8IIlIChed

tNrdgt]t 2Mlt

1al4790lXI

bull

muSllOID

211Jamp33ll8 21 ~ lA33ll$

( 1 S02 311

321J2OS]( 1S7 7llO 6GB 163929iI66

li3 t 2U amp6

01530 72152(7

11 213 701V

11576833

ro 1161233

16IU2(

4I S02

lor RIjMII ChIturvtd amp Anoc_ For Itgtd ~d

c_ shyA~i8b -e Kolall DaIId 2811 uy 20 10

C $ Cbcudhury KaII s aoptbull Viol 0- ow- bull bullshy

SK~ Gof-IFuIc~

---

--Profitamp loss Account for the yearended 31 - March 2010

Sd 1Wdl31 2010 INCOME Sale 0TltiiiPrtOoG cow klcJuampeI~) III SkIdlt 97l198 17878

135125ot

- shy

FQor gtlis OtlerII gtlisee-J

leoSOibullbulle-- -COW-SeAng amp Pnldua De I bullbullbullbullbull --Ilems aI ltIlmllle yNr

n

ts te rebull

11)49028 120932 m ~12J51

2fioI7454 195538 6928685 6 ~7ampM2

5861 892 2929647 921633 92216

16on064 13822019 aee 158ll3ll

ltm s

PROFTT I (lOSS) PnJlil I (los$) bebw ~ (330542 4)) (25040611 ) PIoo$(o b ~ - FBT (10400)

(33054243) (25111011)

J 17~20

(238383798) (21 31530011

(271 1SUS7) =

For IOJ Of )tNI d lIlo 8tgton1

C S Choudhury K1ijal Sengup~

Vici ClamIa-l C1IiimIM amp IIiIgtIIloWll Dnltlltrr

s KMukllopacfhyay -~IFn1naJJ amp~~

NOTES TO THE ACCOUf(fS

In IemIs 01 1M reptil 0 (MIl rIaIe attadleIl lor RajKh ChaluIYIIdI amp ~t5

R ClatucIi-Dated 28th May 2010

- - - ---

- - -

bull bull

SchedulesForming Part of 8a~ Shelaquo F AUI middot MM~312009~3121110

~

SHARE CAPITAL Auhoflllld -- shy~

lllilOIX~_ltJRsltl-_ 120000100 ampaooOOO

luued Subsaiblld Paid upJlIlIOIlIl~sr-ltJ Rs tgt-- fullllI Ult_- - - -shy

104909000 104900000 I Oli HICl Eqity Shno 0 ltl- YlI_b__ - 50ltI (lOO 5091000

- -11 o000DOO 110000000

- SharCI _1 A_ 1S21ooo 1521000

01419000 106479000

2 RESEIM SURPlUS roo ~-CapcentlIwbsidy (Gcwl Ql West Bengali 1SllOOOO 500000 _ 91 13000II 91l31ooo

9268ll000 92600000

2 UNSECURED LOANS From eeeesCorpaote 194272245 21 7343388

194272245 217343388

8 FIXEDASSETS tEPREClArntl _shy_~

~-~~

bullbull bullbull ~ bullbull bullbull bullbull= - l Ol20 ~ D1 [)I1IXamp _

111lllll1O 11Ollllili ~ -~ -

~ 1$1 -- ~ ~-

2lt W - rWlro til1 TampI s

_~

I~ _ ~ ZSO~13relt 21U8325DlgUO gt5~O IG lJ231ae 390428)1 lIJ I3 m~l08

920 -~ ]100) _113 Zl(lllll~-

ll~ SI2 T3 1J2 M~ -- - m ~ 511~

_ I RIiloo _133lt0 romiddot ~ 611811ll 1138lt20- I 11 oIol ~M- - _m

IIIlt shy-- l1t12I571 2400II l1t 1 51~ - ~ crbullbull 163mllRi m ~IO3ll -l2alte2to l2TnO510 1IJg6l5111 11Il22OW IU lIOlIOlI T83 mJl(lll

-~

18

-~-----------------------------

---------

Sehtdults Forming Partof Ba-- Shell

see INVENTORIES As -en-ee lyNuCl

shy--shy~r omooos _bull Clro- Sa eo CcocI Orooer Sa C llcUIIW

lMs PIIl_kw~c

CASK 8AHK BampLampCES c1It-_amp__ bull

cr~Sd

ocat b a- ( (00 _ 0-_1

LOMS ADVANCESbull shy~

1vJ ~_etl 0

II_Clfb_tlt_ AMrakwf = _b - FB7 (fY2IlllI-lI9l _ FS T -Y2llraquo- tI e-PLl

1Iwll ow F- ~ lane F- PClI _ Tax AI ~ InpIlIVlTIW bull

s CURRENT LIA8lLIT1ES PIlOVSlONS ACURRENT w8IUTIES0- _

bull SSJ lnt

-- shy- SeoIII) 0tpaM Reo 4 o8Cl

rMra F o-n- ~ IPl sad PaIl ~

bull~ FOR TAXAT10H FmlIlIInIM Tax

ts

IIIwcb 31 2m0 -

6111$ $ 681 fjl

U 1U5S 1991 53

119904163 ~n9~16

1l1527

2 ~ -

UOgt -

17 bull lgtS ~11

om SlD5 211503 ~ ~ ~

-

8718610

lt10901 S790 151 -wm

310(0) uo48ns_

( J MardI31 2Illll

shy21i21l6ll j$~1

~lSI

1( I1SOOJl2Z

11713 ~ 1795 11

12lsWshy

lW111

_137f

6913201i

2JOgt rea

1Ui

l12n1M

63522501

3100XI

11576)33

ro 70bull00

- -

--

- -

- - - -

SltheClIles f ormingPart d Profit amp LO$S Aceounl

10 SALES

-~- -- 11 OTHERItCQME11-[ melt

12 flaquolN OPERATING INCOItE LatIy lnt1en Ilad

13 RAW MATERIALS ~ Slcd01 Raw ~ Add PudiBse Duling he year

less ~ Stock IIntten 01

__ less ClJsrlg SOdl

15 UTIUTIS - POorCf amp fue l

FltnI8OOOiI shy_=00=4 of ~ 16 PEIlSCNtlEl EXPENSES

Salary Wa1eSEltgtlus ampExQlIJl wgtltl~

Co ConlrbJliorllll P ilIId E S I F fICmIrOW_~poundlC

Stl ffTffin~

LtWm 8 liwiIs

17 Olli ER EXPlNSES AlOIo FlernJnn1lO1 B3ltkCh Books amp Pto odicaigt ConsJlanc S service CtIatgts eooooo Diltectgtf Sitmg Fee Oonaion amp SltIbwEnt9llJirlrroerj bpelMl$

-- V endIltI ~ 1 200IIM~ J1 2010 h

- 2(6557 l4t64

lJl17li 457449 172899 _ - ciJ8S

420amp82

420amp82

~62U68 1441323 96691 l294m

2111359 21421 00 162n

2050~ 2742100 501554 2621168

_1~9 ~ 120132

194905 sbee 407285 ~

Zn1 1~ 412351

2320 ~J 751578 24367 17lt581

15379 ~

264745C 1guraquolIshy

OI0tTO S4lll292 370512 35096

17412 19J11 ~ 911 138 574902

6928ampamp5 - amp471gt12

1890~ -zsesm a 18793 4308amp5 29864 207818 152574

~40000 ~ ~

55189 ~

-_---------------------

--$lttdules Fonning Pillof Profit amp losl kwunl -

FIQlIy Fcnrc ~ RligisIi 01- shy shyPlIge amp_Ii Prning amp S -_ Wi _ t XD - shy

VIhdI a -

UidbullbullJ- 5aLJrtG amp PRODUCT DEVaOPllOO

Elwo_ 11_ C

e shy- shy CgtWltGES CIlCllfl CrdNc

middot~(IITOS bull CIlE$lDl-

shybullllII

ITE-s MllTTal on DURING THE tElR ~OIlIIe _ncIl11ngi1r___

21 AOAJSTlIENT llfLlnfG TO PREVIOUS lElRS ~~ToPt

---

IIIrdI 11 2lttO

293~ aeses 2013

3 67 37 37193

31 lOl

~

_~l-m

V

scs 2671

~

-- IampIrcII 31 20Ili

shy321581 271850

92 312102115875

~ 500 ease ~ mno10 ~ 3lrn

OW

eo ~

m me

nM

21

n IIOTU 0 ACCOtIITS Slttw- tlmnI prI die ilalfte srt1Il Istllllrchola nl PIlIIII amp 1JIIs-aul trn _ -1IlliIlI31YIrct2C 11

t Sifi_Ac bull shyt _1 8o$lS CFACCtIUN7JrIG Tht~ e p wl-MI_UlcstOll__l Ol atCIAIba5lSd~

C_ lIOltUSgqIUI)lfICl- i1b1el1l~ c__11IO

oonplyOllfltlt~~ ~ eolAaNIfSWdilnl) ~ 2lD6 puSUiRlc5ecbI211 (3C)1te eooesAcL 19561 lto6lmiI) Gle~ ~ ll _ (_ CAAPI ~andft~ pvmIOOS DIN r~-1956 Tht~ pJlIQeIl iQCQIlSISIonampyamplplledbyN~

12 USE Oa STIliAn The_n_of~~~OIIhGAN~~ lDmakelSllnllllC ~ fllIlllKttlt r8pI)1ed-td _aod- ltIIodocltre 01 ~ngenlliltlillIes

bullbullbull_dbgt ~ tol -l had pjoesrilrng IIMI ~ penxl ~~ 1IIilinaIIls b8sed l(lOII iitSmiddot be kloItIatunwl ~CIlUOJ

3 RXal USETS fI F_-iIl~ oxa oleUeoabIfII1oa 1C05IIICUlli5 IIIGUei llclir-wh tJitS-mcubullbull__

Ib)Tho~_rJbed _d__QnMj [ ~

laquob)i u lEPRfQA1JC

00 bull d -1_cnoodIl CIIIIriiIgb me ~ lillle-~ Slt1leOjo JNrJ ~AaI956 bullbullbull_

~ e-LCIII_~~ding 1efW _iii dlldl e-ertSaly~oo__ bull bull Ii middotded~r~4~_d_

15 MPARlllEtITF ~taehilllalCli SIlIlIll_iDl __ Ii CIIe__~

rldicIIt rt ifllleao_ ~ 01 bad _ lt1Plomgtooed N pa_ lCJsI le1 _toe lltT)lIlll_fII oIl1e ~ lib11 tJIJIIJ Cash GEsIili lN (CGU~Of ollelexceeds_1JIfiUt Tho__ Ii hi QIMkI d1lgte_net ~1IOIiI$_In~vaIle ~ hees~matad lltlft cosl lbw mUle use ollne aiiSs diIcounled 0 Ilelr Pfesenl_ 011 WIlltl_ M ompAtTIIMlllCJsl is~ j tt- _ --linllertlCOYlfalll onanlrld sunlrlss_OOIorgor_OfModicgtaw ~ Ioa l JlMnIIlterMa ~ tI N carrp1J -01- _ Mlil1 case d CGU

7 I Jok CIII~~

11 MfIlTORIES (___~ t_ ~ -cIII~d

~roolSldlel I ~-_aI _1ot-IIIDdQn5

~___~COIlf~plOdocII_oelDI n DbeJddampl7ampblgtIealll ColIiMlill- shy(bl- __- __~hsIoecgDCII2I --=lIl_dalilnnll

II ColI d a- ltIiel IItnIr _ pencil 01 _

~CllljO _

11 ~ a OGCOSTS amp0 g_hl~tI t Of~olhec __ iIo-t ~aolglgtltdgt_ _oWIOcoAI_dWgoltltJ~_

22

18 REVENUE RECOGNITlON ~ tom the$3Ie ~ goods(rouong TrllIi prodJctloo1 Ilottlesl IS ~ t4XJI passage 01 titleIe the cuslomen wtgtidl ~ _ Iheir ltIeliver) ~~ -y cui 01 gtltu ltifIe cIiimr 8lc altcOunlted rasand hey ~ fnaIydetlt1rmonod

19 PROVISIONSCOtITINGEl UABlUTIESAHDCOIffiNGENT ASSETS lalA pllOISIOn IS reoogrrised when theCUI1pal) tlas bull n-Jl otIIIgaoon as ~ 01 __ -l ~ ~ an CkIlkgtw 01 resource Of t ~ 10 $OllIe the ottgatiltJn in respect 01 wIldI ~ ~ _ be_ ProyenIIions are not diiowlId l)~ ~ ond a ~ -d (WI be5l OSlimate ~tl_ the abIigaIJooat he -e__ These _ atNd baJIIoce sIleel

d e -l~lO fllIoa lhe~~l~te

(h) Cootingenl labfllies ~ byY offICIIe5 IC (0) ConlingenlAwlz~ Y_egtlaquoepl lor lho purposed _ellol-

110 lEASE Sne 1(1_ has beenlICqIOrOO to-PCl ~~ l)pe 01wiI be deIenTwgted WI

~ 111 ACCOUNTlNGFORTAXESONINCOME

In-01 lilt lossb tie year ltJ1der revi Taxeson CuretC anIDeleltted Income have notansen

112 SEGMENTmiddotWlSE REPORTING The~eXltiJsiwe~ 1$ maruaeturinJ yenIll lI 0I V Fblsnl such in theopinocgtl Qfie Ibr1agemenl ttIil is lhlI (IIy lepo ~~ ampe9fIIlOl per AcclInng SllnIiard 17 on SegnetC Repor1lnt =oed by n - 01 Owtered AaxgtuntlolS or lnclol There 15 no ~ GeograpIwal segmenleithelt

111 EMPLOYEE BENEFITS (I) llelnod COOIlIbtlJon 10 prQIIidertfind ard empIo _ 0SlGII00 arediared Ie~ amp loss 1lCttUll 01 fill _ GleQlIIIrtbulions lOthe~ bIClS n 0JIlThere ate roo 0IheI 00lig81i0nI Ie Ihe eo IJIt I oe-er lIaI1 clJGb6Dn payable to therespecIMI-uy illIIIltntJes (b)Mninul1 _ or bonusasrgtcgotiated fmm n 10_ os lIo1W oCCOIJlted arc pood ClIIIl basis 0$1 -dQlllSlSlfrqt (0) No _ llInIIfit5lCthe~

Id) A molteltolco_ y_llerooIIin lhebmaigraUlyisllilllltraquo_ ed oncashbBSltl

1 _1~ POLICY ON EARNING PER SIWlf (alBMcNrnig persharelliltAlQ ~b)~lhetgtet~OIlossallet end rtude POSlIPeeclolany ~ ilem lor the peroltl IlItWtIlo Il~~ by lheweoghled ~_deqlJty shlIe wtsIMding dtgting ~ pergt)I1 ThegNed _ 01 equity share$ 0JISll0 tUroll tle PriOd In-fore_ fgtCiUdirIg a txnIs iDoJ tIatUI eleltnenI 3 right issue spill d __ or reverse tPl (1elXlISOIidaIiDn or_os) lito made dunng lteV-- (bl Forlto purpose or llIkulatJIJ ltlIuIod rmroJ per shire Ile Il8I prolil d ltJfl penod_ eqJfy 51eIclldelt n tie ~UltJef ofesQJDldo ltkngtg1MperiodInedforleellecls d II dilutive poIenIIIl d laquoJI- shy

115 PROVl$ION FOR TAXATIOti 13) Tax pense for1M)83 ~CUfeot ill ampdefMed isi1cloled Ie fIIt pltolit (lossl fortrleyeor (b)A~ IImadefortheCUTefIllagtbMlOlillIiltlOity(ltJmpU1ed 01 aoordancIe _ RlevariIlagt raIeSand ill A Pfl5lCl IS made fol cleIemclllDl for1rr9 ltttrerenltel rIsing and liCOJUOlg _ alarreotty Ofsubsl8I1Mjyenaded (e) ~ Igt-Is are ognised 0fIi) ~ _ is certainly 1l1111lhey wiI be INiZe6I1ld 1IOewedfollle~mm sheeld8led1letrIlspectivecarryolg_lIl11dlballiltllte

116 FOREIGNCURRENCYTllANSACTlON ~ applicableFltnql orn=nq lrrIsaGtiolls are accounleltl for at f1e elltolrlge rale prevaiing at the blttnsaction dilte Yearand mnetary assets and liahiitiesItIIoreignournrq are Ir3n$Iated allIle appHcaOie year end e chaoge ~andlIle ~ dilIeo elt ICe is eoognrsed $gaOl oo lorhe ytII

2 In tleopihJndlgtt~ Iho maM3llIe_ dlllaS$8l$[ eilherheentire~amp~ ling Ie 1rftVerwus Fbl ~~ tle0fIi) CGU cI ~ or Ile _ I tlNll l1Ier fIan tIo$e Ii respeclMCltlII)iniimlUllalLId1 assets no ~_IIason trgte Balance Sleel ltllte

lal Bank ~ fa 01 W8$l Be1l1 s_ ElltctncgtIy DioIiboIiltM ~ lid m

(h~ Claim agaiosIheComooy 0l0l ~ 3171849

(c)Oarn01 cerw ExCse CIuty InIer ApplrIl kI Trtlur8I no818

4 Asrc IleIeSlllls beenchargedOf1Ioler-Corpoltole~ he_lias flO beeoleswnatednj ~ n shys Partl OOIlfJrnlaliolt in respect 01 outslar1di~ balances JIr SuIlay DetbI Sltnlry Cltedl1DlS Lwns M~bo-on - inlrl OIIII$Idenolio1lh__

6 The Contrtd _ MI$ e- 81goroeemg 1M COo~adtA IISPObIe for Renovatlon wonlt at Fadlr was teminated dlIlI to pocI and sub-llarolard~ 01 wo1lt and maleliaIs At prtSeI1I hmalilt isurderfillg3lion

7 On iilllleial- ~lSioId CllIlridol~ djotlbyWs FreseruKab Pvt ttd (Fresenlus)1Iith eII8cI JrorIl ztSl Augull 2OOl5 fie -1t 01 ~ _ F-_ 1OImOa5e in cowetSion lthave Godown Iml Vat IDS tlfuMnl $aIIp by hit ~and~ of F-- has enuo oed UI~ cliIIe an no 8lUSImIIthas bftnmMI inherftIIIIld aaolIlIS thnfor

8 NJmaRECEVEOGAlNSTSALEOFPlANT ampMACH ~ E RY

At ~ tgty me Cornjgtony sctI--(dIi 000lt1 ~ -- amp FducalIon l id ~ JtImne _ oIRs 315 CtCQ edt ClIt ol Rs 612cnnsdUlWlg2009-10 iOJIinSl- 0111 Fluids 1Tl8I1~

maIonenes for wllCtlappmpriae resoIutioM -e passed tlf the- Companfs sharehllderson171tl ~ 201 0 Thoi Wesaid -m was ustd by he ~ IIMartlI ~~ 01 unseated kHI J-d from -conponieo

9 MIslment relathg to pr1lIioo ~ ear amounting to Rs 2157641middot ~ net 01 ~~ br Bank Gunnlee released by Bs1 ~ 10 R 7740121- party dsll bypro perod Alary Ib 37097shyrlIenlSl a-o dN)ood ~etarges etlt Rs 371 151middot01 N $arne year

10 MICROSWIILU tpoundDlllM ENTERPRIsES The COnpano hasflOl recewed Ifl IT 0 bull as IIqIJinld 10befledWIfIlhilllOllied ltlJlt(nIy UIMler 1le cro SrtalI JtId MecWn EnIefprioes ~M 200li c1a1Tlll19 tler S131S as00 31st March 2010 (and also 31st March 2(ll)9) rrntroSlIaIlard medlrnenlerprises~he_1Slicl payabIf klhlse dUIWIg_ l_~__l iS nl

11 The ~ III yet to fto -V adopI~ Standard 1S EmploY Benefits (lWes 20(5) issIed by ee 1nstilIJIl 01 ChaIltred AccoulItaols 0I1ndia ant deliilIed discIJslns reIaWli to Oefned Btnelil PIons couId FlO be fnidellollcrnonlS andRe9ortshy

12 RElAI ED PARTY DISClOS~RfS

DiscIoluesasreQUredJIaxulIilg Sagtd8Ill18aregoenbelow

LdofRm~~s

SenboEngneeMg Limited se KrojaI SenguptaErrOclln 81gi_oog Pvt lid -- shy8eeni I-IoIoifgs PIlI tid SnC S ChedMY

Dr Sll8IllaI 0lalCI1D0I1ySenboEnm ampPvt Lid SoFTarIp Kumr OVIkraOO1y Or Asilth Kumar Sengupta

-Trrnsactions with Related Parties duting 2009-201 0

Nature o u pses KeyManagementComj)lnics Personnel amp IWlati-u

(- lRs)

Expenses Ditedors Remuneralion Cullllllt ear ~ Nil

~ Nil

Dirnctorn SLtJIlg F Current lar- shy 40000 Previous at 2a COl Inoome

Electricity amp Diesel 71373

54358

Outstanding Balances onJ~ March 21)10

Unsecured teen CIIroIIt Year 1S4m245 Previous rilar 217343388

13 EAR~ I N GPER SHARE

Cumml Yn (Rs) Previous Year (Rs)

Net Profit I (Loss) after current and ~ tax Weghled Average

(33054243) 251 11011 1

Numtgter of Equity Shares 01 Ri 10eadlason 31()3-101 0 10647900 1O647OCXl

EamOngsPer Shale(BasicandDiluted) 14 FigUIeS to thepreltioos year tevebeen re-arranged and fe-9ouped ~ necessary

is Informatioo PlJfSllaI1l loNotllication UIIllerScheduleViofthe~rns Act1956 IAscertifiedbythelllartagement)

CIfIlInt Year

Oy INoofSoltMI 151 Annual Capacty _ PrOOLlClion

15 11 Used Capacrty 1aOOClOOO ~

1512 I rgt$~ Copltgtdty 18000000 ~

1513 TrialPrndLJClS of Irl1tlwenous FlJid _ MacIliroI upgradatlDr1

r p~~~ 157634 1178355

Saio oITrial FroducIs ol-shy 24244 206557

153 I -V FUds BottIos 191 18664

154 -shy IV FOIds Bottlogt 135309 990461

Pn0IS Year

INo_ oHloltles) IRs)

16000000 ~

18000000 ~

17878

~

1919 186amp4

-- --

CUrrtfltYtar shy- - (Moe-) -1 55 -- M5gt I PIWj G M M M M M M532 0_ lt0shy_~

GolI-ampO -- c_C_ -shy

1511 1572 sa-ls-o

-- -- -- -

- U - -- _ar shy_Cshy- - oW bull

~amp2 ---- M

bull bull bull_- -_ M

u uUm-- S bull bull

IS 5 12

0shy - a

1t11Pt a a-M

~

M- M

-

PCIY_- M M

M

1111 M

~~ 11

-

c

l

-

Informationpursuam to PartlYofSchemJItVIof the CompanilsAct 1956

B 1IceSl-fAbaraer_~~8U$-_

REGlSTRATlON DETAILS

~i No CJrI L 22 fTfTi( B I 9J r pT L o amp3Z 7a

llaIIAe Srleel DtIo l 3LlBpIl l amp11 oJ tl CAIIfAL RAISED DLRJ~G THE IEAIl (Arrioln Ra 000)

Pul iIlh I~ ~ Ilo1IIsaoi lonuI1saoe [l~N J t l PO$nOfII OF MllfIl 74TD1 AICl 0euroJlCmlEWT Of FUtClS AIoIIut Ik lDlI ___I bull~ f 5_1 kIII-- bull - -~ si shy

t1L ~ G 2aDi-l - shy- CIl frIJill ill-l412l1lJ ~oIFomds

lei Fuel A- [lj 41T[)l ojsJ ITDillJil Net ClmlIlt Assel5 [-r2T i~ 1_3ill j271T[SS]

N PERFORaLlHCE Of COlIIPAHY (Amwllll RsOOJ)

Tlnll1OII ITI2 -i L i lJIZ3 LL31middot~ r3Jl~~_

tJ3T( 1 57 a-LJ(Itl

GEHEltIC HAIlES OF 1fREf IRIHCIPll PROOUCTS

1 t _-FUds QV FUlls) CodIo No

2

3 NIL

ScheclJM 110 22 in siJed y Ihlllolowlg

~ RAJESH CMTUIlElllamp SSOOTES ~ I

bull 0-- di oIlW

SK_ DollId 2lIII1oIat_21110 -- ~IIIfl9r~ampe-~

CEOiCFO Certification

we 11- odbilljji led CU 8ijIlICbltt epacilieliISownn ampIotirIagrIg Dnaor (CEO) IFd Vice o-w (CfO) d soo~ lgtmed(ltgtoCornfrylOlMboltld ardbeIilIl oerIvtrlol-II) we live ~ ee lIIbltgtoamplinInciaI ~ noad wiIIlhe Cash FkM StaIIInWot d Senbo lnOlgtIneS Litnited

1orr-~3middotmiddotIlIntI2Cl0InlSllleNIl t81dart4 l _bIliIf (I Ibullbull de ngl ~ _ilIII Ibullbull or_ ~ lacI or_

lIOilSN1IblI tng _ ~1 __ 111_ I _-~-n_

~ iTa __

(tI) we _ lilbIsIdar if IId bIloII1lIIIlr1nIdOtlStrlIlllIICI tIle~ dUIrog

~_II1e~~arltAl bullbull ~lhe~eoaedCOtQcl

w lIodaN II illla~ d ed aJ onan 1Id C6 - Ked OQi lheCOdeolCcnltudilS~lPylN~_

(e) we UNr1ClllPC abIil beslilllIslqlnl l ODIlIroIIar 18Mll We heltdl ess d oornt sysIImS 01 CalgtanJ IIlilfnonl8 1ejO-- ~ tl tie 8IOIorI rdtlI AIdI COl_ I1olfio I(ies inle desIJl or oplIlllOi01such Itlma eortroII ~ any olwtJdwe arep3fllard stejlS takenorp-oposed 10 blIlallten b rlifov1g slICh oolioencie$

(d we_ tedanw_1MItlaIian tllha adnnllheALoltCo bull

(I Slfiji~~I onIefTaI~_~~ltUIlglher-

jiI Sy d8lJlI f ~-dellaWlg n lNllhe _ ~ lilNIrwlQiIl _

1 _Q$gl_f3UIl ~_=1- I Y gl bullbullbulleor ~I KlIenlhe~-~~-

M$Oillilllshy

c S Choudhuryvo-shy

~Iaqtion

~~tlIIulewr~Eta pnooad -09 (l l1ll(iildl-O_ 1le sma EAlw Ile eacle wbullbull SorirIr 1Mie Fwi lIIIIIlIoM oed eooue Code aJCcrWcl b III yelI endId 31$llllaodl

ForSoriIo hUres ~

shya- 1 bull V Dncb

28

-

-- - --

--

CA91FLOW $TJ1UlENT FOR THE YfJ~ BiDEDtiP IIAACM Z010 -- _shy1IIntltl 2f1

A calli FilM Inn e- gAdMliII5 - shyPdrllDaJrIaolt lD ~ l32ampl t 459 (251303971 ~bDocgt_ l$OnlIamp 134lZft9 ~PdlllJ bIbw IIoIIltlg ~CwlgII 16769 3S$) (1l JOl7I) (ro-~Wilrblil~ (Ottgtr tlan Cash-l CasI1 E~l 3amp521 301 (5510185) Cxh IO ~ fIvn 0parBli0ngt 221511006 116618564j Drreel T_PIId

l CnII FilM Opamng AlttiVitift 2215$il06 lU185641

II CUll Flow from Irwu~ng Acbrilies (248467) ~dr-lI8d~

nbiIg Fonogn etrq VinWI (29701199) ~farCl(lUl F~_

~ Net Call uMd ~ bullbull ~lI Adma

c e-Aoootr-f_ ~_ -edShn CCxlaI

PIgt --blsI tolt ugsReceJi_ d uo-nd u Oftrlb Slaw PrtIdoIl 01 pel ~

NatcII -cI in FNIICiol9 AcIvilieI l2107U43J NehlCi (cIao I lineal_ ~ ecuivaltnls1 8+lt1 (560~)

Oparong B-c orCallIand Cash EquiQIente 907371 eea CI~g BilInel of Cllh and Clsh Equivalanb W 907311

For ftOll_ dlho amp11

CS ClMufhury kIP ~ ob ow- cr amp~lrnIaIY

SIl II I I at Gewaf ~ amp~SfcreWy

bull AUDITORS CERT1ACATE

fila- roe _ QIIfl b e d sa8) MlUSTllIS LUTEDfarhe IlClt ended 31 wm 2010The 81_ beerl__ llr fl CcnopInJ awulIe row =eliIca 32li1il1lillAQl _ SIocIo ~_ _ _ __toBIIliIlaSIIIIMoI cnce CIIIfU-lrW1lIPJflb tliOld~

For gtASH CHATlfltD bull bull ssaxaTES ~laquogtIl ws

DeIeol- 28tl ~ 2010 PrtllU Ho~

29

~---------------~

BOOK POST

Senbo Industries Limited

Registered Office 87 l6fW1 Sarari KoIoaa 700013

Phone a33)2217 891516 Fax 033 2265 9485

Email senboindgmailcom Wilbsile wwwsenboindustriescom

Works KarbBla Sonarpur Station Road

KoIkata 700 103 Phone 033 2434 7339

Fax 033 2434 7341

Page 3: Sixteenth Annual Report 2009-10 - Bombay Stock ExchangeU8il. C8ncer R!sean::I'l lklil5 1il:l!l>tl1l 1lC. In8lldIlIor. lhe I!oItd_

NOnc E

NOna is eby lM11h11 DIe sm GenenI Uet1lI d seee D1lsIrJtI LJrroIed be hIId Mile pl- M 251Ai59A NelirjI ~o-n lbI RCl ~700 [)oC7 00 tlec)edaylle22rlddayolS8Plel 201O11AII tllrinsadllefUn-shy

0nIMrya II

1 To_~-I~~BaIIne $heel a31stYllOl2010-l III PtdItampluIlaAlaullb 1heIftdIllOfllllldMI tlgIIwBhNRIo(xIr1loolDnctn-l~

2 Toappuna DrPr II dSlllC SChuIvynofWesby-lIIldDeong~ b 3 lullJlllU01aOllltlfIlolOr SfIIIlIII OiltXll~ __by--I llelgible ~ bullbullbullt

bull lu~ WS ~0WI0WltS amp Owlnd~ aAuillnoleun_1NlI Idd uIcI_0lIfWIilIn ol1laquout~ lit gntso d nm GerIIlaI tldltrwBullol~tlb-

-- 2010DIll

-1 AUEUBER ENTmED TOAmNJAKJ YOTEAT TI-E lllEETHG IS ALSO ENTInEO TOAProM APROXY

TO AmNDNfJ OTE INSTEAO OIF ~I tERSElF AN) ne PROXY tEED NOT BE AUEUBER OF nECl)ItgtIlNYTHE~~THEPROXYSHOlLOHOWEVERBEOEPOSITEO ATTHE

REGISTUlED OFfCEOF TIE(XUlolNY DlIY CCMLEtED HOT LpoundSS THNlt 8 HOURS BEFeRE TliE caampIE~ OIF THE loEETH3

2 The~ol bullbullISlInoT8uuIld~_~on16r1dayolSElbull 21110tl22NldlyolSocAlilbull 2010 balhoia)s~

3 ibbl__hoIdIlg fQlIf SIoonsIldenIcaIOldrol_agt _tIIou~Qi d tl_tl eurnptl~tlCDlSUklilelheirtoldilgtgsagtlftI 1 fIcing or- Itrysalluml can aaiI of1hll1lCllT ~ bylblllliig Palm hio2B ollie CuIr(lIO ClotII Gooeobullbullbulloeorl) GeneIiII RJJei Furmi 1956 the~ u iIs RajAa ampSlshyT Agra IlIri F be madeaoIatile 00 i8QUMl ~ case of s1ae$ held dIrnil -tlbebdglld Debullbullmiddot~

5 i _ Q I tl ~ toll~I~~ -oog ReportaldArnlII =tuIIli 1811 da)S bebe IPle ~~ -II k1-b11Ma~~ to keep the Ito1Wy

1

emEf PROFU OF n eDIRfCTORS SfElONG RE-APPOINTMENT AT THE ANNUAlGENERAl MEETING

requndlllderIJItIlgAgo_(IIe~clDredorsflnlPOSltDtlere-appoalledgwenoelaw

1 sm CSDadvy 75llIvaarallII BcmI SIIIOlcuIvyi$agrao1l8le Ilrle~~~ _1Ild bull 1IIo FtIbo d ~ d Ctc amp Wo1ltsAaarQrG ncliI Hehas ~ d ~51I c~_damp9_i~ 5-1 T Trrberll$weI_1ioIIand ~HeIlIovaOwlNllalSllrblEl9_ioog~_

2 Or ~ 01 IgICl 53-sis tellS rod a fIlIdd Caociclgisl He tB h9l eiipelOlu rneciaI l utllOf_rn-n~oIAodlCuf1 11Rl1lsomerrtlerd ~Coo= IlUhnothaldngl)jiCb cIltlIhIr~

a~ shy5 KIII f 11~

01 2llfI~ 21110 It-- ~ ~ampC Sshy

2

DIRECTORS REPORT Tho_~ YOII OirecOfS present Ihet5gtltteenll1 AIIlUaI repor1 00ee bus-ess andopmlioos oIlhe~ togellerd lhlI FnarolII reWt1lor lhlI ended 3sIUan1I201 0

FlNotXCIAl IlESULTS

~ ProfIt (loss) belorc f nance Chargcs ~amp IIems 101 aIaIlId b cpei ( 1 65 middot~1 112032)

Firlarlce~ (0t51 (158 )

(1607Z) 1138221-Wnte 011 (6 ~Z) (OOr)

Netaprl PllIIlL=) 13m (26019)

Other NO 0perlJlirlg lgtcome ~

Net PltI6I(LossI (330 541 (25111)

Al1fuImenl rtlabrlg 0 ~ yea 283 (090)

Aafrd3l81 (Loss) btaJghI otwyenll 123S1ampt) 121 3183)

23831gt4Loss olIlied forward 0 Balance secthecl --_ -- ---

tn view of hoge3aJmulaled OSS yQIJI oseeees do not ~ paymentol OMlendb lhlIlyenand lor5mIar reascn no poMsonlorIrccne Ta illS teen mode

OPERATING PERFORMANCE CIurorQ the lWgtlniaI lyen _ raIincing ~ concernil1 ~ ltoduclion ~ made ~

prodution 00Trial Run basis as sta~ ed Out 01 1570J(froducIMateliaIsOi) 2~7laquo -- be odd

mn-l aI muIgt _ IIIeprockJdioo COSl This demortsltaled thatNrIUlaclumg of IVFklids 00COIllIllefCiaI bislS I3S

00 lorq(f VJable ilOO was leadiogtil ll incfea9 1osses

RENOVAOOMOfIilACHINES The ony prodocirg machine -8otteI Pact 360 inporled from RorrJTlSlag ~ German 1996 his beer MeIaI F~ and SlOlZ lrec)lendyo03l lllililil heav) ~ Spares are notreIldily avldatieWld ~ takes45 1060 r1ays timlI10 geldeliIefflj Jrom fWeculIly 0I~ Melt renovatIOn of the mactWIe he ~ 1OCllt SlIIPS of tilher 0l0l1 ~ l)I Wjj~ b8sIS or ~~ Since ~ and seIlIlg was nnrhm _ _ ~~lI til to OIotgt1 reIlIlDMlIop1h some esEd partIeS Iilte Fresenils Baxler E Bltawn _0Ihen l)I Wwld~11

~ laded cecase 01 lOIWIIoltcl1irltj 01 pnce llgt]e1llel OTth irm WTlmitnents lUfIl b mIfOnJITI lIlyof prorladJon Hence ~ _ 00 0Iher~ bullllake a decision 10 seIthe ntra1IeI1OlS Ftid ~

~ SALE Of ASSETS The Canpa1y beori 8 loss tIIabng unrI reecs reslrIcIlIIng of Its busrness TheCompany~ ~ IIugo amountaf -ecuea lOin II 000lltS

3

bull -----------~~~-==~

SIlcetheBoW is ~ _ ines clWsiless t al ilImeetilgheldan 151ha-y 2010 dIOOect Uljel1O jCU apptMII10501111Iese ranster orlllheroisoedispose of the I V FkIid IIIalIJfadYfing rracl1inelties andother _ or the Company elttIer whcleor part ill til Silid meeting 1Ile Board decided 1D- pi consenlllWJVlll lIIltlIlt SCdclltI 293(1~ a111gte Coo i kt I166by _ dSpoocial IdJIicII ~ he Ilcordri DrecIDrs of he ~ b _ lease IraOSIef or cItllIi 1is8 disllCSe cIhe or sullslaMally the whol8 or pertof lI8 CompanISassets mere spedfica~ siIuated e lh1 ~nyl acklry et~ Sanarou SIaOan fbad Koikal3-700 1OJlvwodoh ltXlrlSIt1~ dhe SIlaidddei$ has__ Itrougll poslalbIllcI underS8cbcIl 293( 1~8)

__~ 19VrStleCW kt 19gt6aId ttgtC_ -- ( ~oing o ttl R~ b-1QslaI8iIIcl) Rules 2001 CcnseqiIent tll lhe CXWlsenll ~~ld rem lhe sh8retgtIIclers ltr 17thrlnh 2010ee Ibanj fIIIIiakgtj SiledlVFlud maruIlIdlmg~ Th8 tmd~havl ~Illlergt - usecllD pill cI partll itsomeandkm

FlffiJREPLANS

In _dd8cislcndbnnging Iroes ofbullness 8 runbero allemati16 are lJIIller~ ~indoItIes ttjng

~ hospiQIb Medical Call Unit IleaI1h proj8clS E~ Cft U8il C8ncer RseanIl lklil5 1illlgttl1l 1lC In8lldIlIor lhe IoItd_ also iJIolt_1o oppIyfor- ltnIlfogI lbjocI0 o1M Uemnndum ofAssociatJoo Ilrany olh8rltablevenblIe and~ ne=sary a~ oIlI8rdeosicn 10 Iieve the~ny from iI$huge iabi~es bull IrILNAGEIIENTOISCUSSlON ANJAHALYSIS

I INOOSTRVSTRrJCTUHpoundAftODEVELOPtIEIfTS Oncelhe lnlj8cfis ideo iCfiedt be possoIIle 10 dlscussbolhSlnCnand de I I ~ orthePcjacI

2 OPPORT1JNmESAHOTHREATS

T1lele arenllO)~ for Pi 10_ PIds tlanagoomenl is rneIoirrJ 8 ~ sLltI) on 5ldI - prqets SeIecbon gf a Irqefl is Ihoays $ItIjed lD lillting risk A Projecl RepoIl exp(lSe some ~ am lhrlIlIIs Sim~ ~ y impiementatiDll ofIheProject largely cle(lends01 a numbeI ItiXIi iIiiQeioies

1 SEGJlENT-MSfPROOUCl-IMSEPf1lF()RjIAN(f VrM ~ is S8iIIf1Ii a suitable prJjecIkeeping rrondof Itgtpast e+lnc8 lterelue ~mdeo wdorwiseperfonranoedoes not eths

oonOOK The prospects ofIhe CCrnpatry liIyeiy Qepefgtjlo -01 _ poejIot ~

WibiIily1btolMft SMIlS lObe brV4 gtieIoofpntlabe581 Iii d I j)iltJd8tlle orciedshy5 RlSKSI CONCERNS

Tho -01-Company ~ 10l a flIir nl8IllrI d PokC1har aspects or concem ~ pyen CGmpIIry RluIe I jcwd an apptCpf1aI8 projea flning ofttll laid projectrld seiecllon ofalrwgtlDl flIIIlIlI loreocnco cltheprojed

I IIoTFRNAL CCNTROSISTpoundIIS I 1HEIR ADEQUACY Manlenance fi prcper and lllleQuate 5jS1en1 (ll rmmaI cootroI _ hlII all _ ~

proIIlded against lcsIlrom ~ use and lIlalllll ~ in aohnlecl and ded and fIll At oXlen pltogram n ltma1 and ccnIluousAulilreYieW suppIemens tt trtemal cmtngt sysBm 8$ paI pa-08latll8 ~oixJmanleIl pdkiesarid~

7 FWANCSALPERFORIIIANCEWITH ReSPECTTOOPERA71ONAlPBlFORMANCE

Thlllrulme m sale d lriaI pngtdId5 aid ral8 at scrapll9d 10Rs37511cs lUnl tle yearend8d3151 dl2lll0 The Companywtfullda nelopeltatng loIBofRs3 3227 LIes ag-lIt Rs 26019lacs01pr-w YEW

I HUMANRESOURCEampNDUSTRlALRSA7IONS l presanIyoorCompanyte 92 eiklroe on tole ~ Inizet 1118 ~rw and (J)IlrtUJon 01111 e nd IU 0tBl1D - IlKWlIlinarollD ~he quelily01tvnJ SlnlIrd ReIns dln1g tie fRI

shy

~ltlo managenwJlandrlelt-ecardiai YllUCompany 00I1ImIlIlld IIIemIft lIlll heallllandlllllty III Yemployee at its lltodory bypmWtng 24 Ilcurn ~ medical chedlt-ltIP by docb Your CorrIany is aIao ilted to pnJlllOlilg iIlTlOlI9SI its em~ ~ _ ()f~ IXIIiiJcting 01 tanng ~~ i1 onllIr III lCtll5lQm n ~ lie quality 01 its ~wei_ill MSIQ ~andrQIlcaIe i1hemtie need fore1IiC8JlUSl d -as utilibes R ather felOUIllIlS IllIl3Xllllll pmduiMty Your Company provides iee ~ acilities for a yees It $cJnarplt6 TheIjlIc__lIaIo1g accooded liitfll SJPllOIllltheenlfur~1lNivaIrJII- Company ~ ir1 __ rJ ~ rJ pressrc prlXilclion aclNiIiI5 YV ~~ may 00tlSidst reducing IS1lalI sRngIh till0fJll)le0 ie 1aIiG ()f ltleW projod ~lhe Miioeo~ islIIpmenl Ieeli1g a_of r85llesstleSSarnongst E eM

DIRECTORS RESPONSIBILITY STATEMENT a Your~ ~folIcwed Accounting StnarltIsn lllllplteparabon rJ-nlaIAogtmt5 b Yoor 0R0lDrs IWd ~ $IIifl1ltaltlltlng Idcies asrroliOi ldd 11the ~ III flttlulls and sWiied hem

WlSislefllty iIildmade~lS n Ihal are realllllllillen prudeoI saaslD grwe Strueand m_ d stale of s~ olllle Com pan~ SIIIIe m rJ31sl Marth 2010 n 01 ee loss d theCoqIany or Iheyear erdirlg31S1Mardl2010

c Ywr ~ hsve Illlt prtlpll n suffICient en bI fie msntllliJnCll rJ sdecp-lICCltlUIlIoIg1llllnls i1 ~ Iheprovisiorn ollie ~ Act 195ampor ~ lle_ d IheCoo1pany and Jar prllV9I1tingancldelSdl frnud and_~

d Your~~peped Ille AMual AcwJnts on s gci1g OOllOllll I)asls _

FIXElllleurolOSlT Dunnglle jM _ jOUlCompany Pla5rdaccepled -ydeposillrom Public

PARTICULARS OFEMPlOYfES SecUl217(2A) at theCollllIloesAct 1956wlIS rd slice tllenI_ no~yeedrawi1qsalaydlmghe yeari1pClS$ dthe SPedfied smon CONSERVATK OF ENERGY TECHNOlOGY ABSORPTlC FOREIGN EXCHANGE EARN INGS amp EXPENDITURE

A CONSERIIATION OFBfERGY 1 -and Feornplion C_Y- iouI-v

Eiodldji WBSEOCL

lt~ 1gtlt875 143593 1757578 Rs Kooh 1224

10671 243670 1n581 bull -- - 2213 Rs 1l Consumption per Untt 01 P-- crrt Yu PrwiouI Yoo

~I-~_ltgt 0shyI - =1

The energy ~ hasalways beefl bull plioily ares forheCompany roo dreclloS are ymuch consaous ()fhe need1crcmservalion0energy lIS onP9 pIIXllSS n 1cr thstpupOSll connaooseIforts n beII msdefor OpllTUll -shy

bull 5

B rrcHNOtOOYABSORI7IOH The Corrgtany iswaiting forlll project 10romeil The~ IIereb IIldeltIake5 trat theedvlolog) 0Ie fIOCl boU-bed ciJrinll ard I Ii aIIer theieJIei Itl ohe pmfICl

C FOREIGN EXCHANGEEARNINGAIDEXPENfHTURE (Amount in IeI

Current Y Previous Year ~

1121m

bull ~

~ AUlnORSMIOAUDlTREPQRT

Mews RaeSh 00aurvedI ampIssocgtatos ChaneredAcoounlantsIe theslatutwy audilorsol theCompyenly whofat bull

lhe lJflllolmng MrlUal Ger ling ond being cOgi)Ie ~1Ilad J iItid bYlle ~Illhigt

Iunlal GeneraI Tha ollservilOOrs cllhe aUlt1lors on Itgteir repolt1 on tie ~s aoount U 2(lQ9l II QOI QJDn ha- been AienlIydislthlaquoI intileNoles MAolttulIIlIftll bm ~orhi AcaulIs iIICl neednolurtheo~

AUDITORS-CERTIFICATE ONCORPOllATE GOVERNANCE

A Qlrtioca frtrn he iI)r ollie Cor(Jany IfI9IIog ~ wilh rae Code d Corpornle Govemance as ipo j -aa-49~IhRLi$tIllgAgr_rt isilllOampedtohis Report

DIRECTORS

SIi C5 ChoudhJry andDr SMillai Chatrnborty DirecIorn relire at thelorthcDmiolg MruaI General ~ and beilg ll9beolItor ~1ot middotltgtwltgtbiC

ACI(NOWlEOGEMENT

YOlIllOlcIDrs Jlace on rlKllfll heIf IIIrJliite IIanllts and dell eaaIoo 10Il1e vanous GoYerrwrent Oeparvrerm 8argtks SIlillenolOer1yenKl~ulhe~foflhelrltgtgtlt1inuppoo1lo ttuo~ ny

For andln behlIlf0fie Board

REPORT ON CORPORATE GOVERNANCE

COIIIPANrS PHILOSOPItYON CORPORATE GOVERNANCE

seee Industres lirroIed IS oommrttIlC I) meoqea dhe ~ ng ~ Inhe WIfCISe of ~ andpUllltlagl red~ L Tha Corqlany is bfIer ccwrrilIIId 10 eflSIlre ccwr1JlIeIKe with the GJde 0 Corxlmte Gaemaoce10eohiloce and proled the iolterestofam f1e sha~5

BOARDOF DRECTQftS

Tt~ compositon 01 the Baard 01 Oiroclors s reglalilltl bot lhe Camlgtanies AD1956 iIICllhe CoJ-rparlys ArIdes 01 Asociam 1M IloBrd oIDlfeclOfs rJ1le ~ _he ShIegic goasbased ontgte ~ oftheCompany __1gt policies ItId0-- t3bntIollllclSe ~ tofaobt ~ lielakingd 5lIillllIIe adiln for atlaOlllelll ofitsgoals

6

AIpresent the composrtioo oItha Board of Directors coosislsofEx 16) DirocIoo SriKajaSengupta the main IIffiIllOter and ItJe Chair ampManaging (ljree1orheadsthe Board SriKajar Sengupla isBSe (Hens)graduate and has 31 years ofvaluable eltpererlCe inhi-1ecI1 OJl1strucliorl and PhalmalteutlCals Ifldugttry No ~ ourrtlypaid tohim The Vice Cman 01 theSoard isSriCSChoudhury SnChoodhury isa ~aduate lIT theCormIeltce Sream lId islro Fellow mcmbet of the lnslrtute 01 Cost 3Worllts ACltXgtlmtanls of India lie has expooence 01 near1y 1M 15) decades vaoou Comp1ns 01 Enggtneenng Cltgtnsuudlon Steel Tea Tm1ber Hotel andPharrnacevlicals Heis due10 rNre by mtalion altld be1ng oIigible oers hi mseIf fltlr rtl-ilPXJinlmerll ill llgte forthoorrmgAAnuai GeIlerID Meeling Sri i(jl19shUk Sengupta is a B~or of Commerce and lias over 16 years e~ in higtgt-t-eeh COItStruCIioo pharmaceuticals andgtoIe industries

Dr Sha ibal Chakraborty MBSS is a repotedcardViogist and hascxperieoce inmedical professm for (NIf wgt (2) decades He is due to retireby rotation and being eIQibIe offers himselllolt ~tmern in theforthcoming Annu1 General Mooting

Sri Pradip KUlllOf ChMvorty e representative ofsmallshareholders ofttleCompanyhasnea~ foor (4)decades01 ~eperience

Dr As hKumar SenguptaMBSSDGO(car)5a reputodmedicalproctiliooer havm9exjJerience eM 2G years AJ DireclOO Other ltlan SoKajltli SenguptaCl1altrman 8 Maraging Director Sri CSChoudll) 1lfJa Chairman and Sri IGngshuk Sengupta alte independelTl DirectorsThe represerrtatioo 011 tle Boord 01 DirocIoo 01 cxecutiw viH-vis ncoshyexewlive Din)(t(l(s is 33 The Company ho rool entered toanymalenel SlQrnflcantrellSadionwithnon-ampXCUlM DOedorsof theCompal

BOARD MEETING

During the yeelt under review fiw lloerdmeetiroJs were held 011 3rd Apnl 15th May29th June 27th July 14th August 30thOdober2009 and 15thJarwry201 O

The lasl Annual General Metm9 01 tile Compo) was hold on23nJ September 2009 The cornposjlion oftheBoard of [)recIon and thr attendance athe Board M ~ng s dum thoyear and athe Annual GeneralMaeu and IIe number 01otherDirectorshipand Boord Commmee MembershipICllairmanslip areasoIIows

UImber ofother Dirodolslip 3Allendance

Comm~ tiershiraquo CbalrrnanslHpName ofOiredors om ~ shy- tlIgt tOp -- --shy-Shri Kajal Sengupta - - lt

Eecutive Director r - r S1lri CS CcYojhury Egteattiw Oiredor Dr- SlIeftWCIiakra~ Independenl

Nm-Egteculive [)rector r 8M KiI1gshuIlt Seogupta -

Non-Execulile Oiroctor r 3 Dr As1sh Kr 5el19upta Independent

Non-Executl~ DIrector r- Shn Pradip Kumar ClIakralCly NcltHXflCltIroe DIreclor r y~

AUDIT COMMIITEE

The Audit Committ rompnse5 at two (21Noll-E-ltecutive0iltecI0rs and one Execuwe Director The nonlXecutl~ Directors being Dr Slaiba Challtralgtor)i Chairman ofAud~ Committee Or Asts1 Kumar Sengupta Ilttrile Shri Kajal Sengltlpta Choirmen 3Managing Di-ecIor is thesoleexewti [)jrectof Dumg theyearunderreview fi Audit Committee meetings were held thedates at those meetings being 3rd ~l 15th May 29thJlflamp 27thJul)

30Ih Ocklber 2009 and l5tl JinJary 2010 TheW ofhe Comn1llee and tileattenlance at the rneelIngs of Comrrotlee ee ~ below

Or SIiIitgtIII Chogtkretgtoltt

SoKajlII SengupIa

Dr AsnISh KltnlrSIr9JPIa

Moaf~_

bull e e

ThelemlSofefeoleandtile~of~ce o1 lheArditCltnmllee incIude shyI Erampmg 00flIllkarre and~eIlitieocl oflllefnll w-nI system as weias ilIemaIlkOl

b RellieWing of ~s fInancaaI perlormamil 81 ~ intervals os til as ~ng of Ihe ~$ RnanoalN(OtIy lIlCISS ond COItUfIV FnaICiaIStatements beIor8 SltltrIIssIon 10 tIlelloatd

C ~soopeandadeQuacyofalltlfu1dions bodlintemalno statrOIY d ~ 01cnbcaI fll1dlngs particUar~le toelebof= t eoorgtOmlZllllon n~ iltJIprtrmg ~and po otllabiily asweiasrelated followJPadJons 1hefeoI

~oIAaxgt111ingSandardsandDildoslnnormsprescnbedunOOrlhe~Acl1956

f Disdosng ofIinni8l ilIooTIaion wl ertSUing its correctness 1UIiaency 0e0i0ltit and rIs oroQ llih SlDdlt ExdIange Regulalbns Eli IoOl as0IherIeg3I requirements

g ReoJoeoding appoilbel l reflQVlI ofexternal~~ olaudrt feesandapprovaj b paymentbOlher seovices rendered byille extemaI auoiIors

h Reviewing fndrgtg ofNlilobsertallOfltS and(Jibcal w ke susperoled rul ororregularity orlamofilIemaI rootroIsystemsand~ sllCh matterslOtlelloard

Re~ of mallers ~atrng to dIarges n ICCCrUlUng polices fIlIlOlt IltXOltlt1bng entries based on eunlsc of judyel ell ransactiortsn dI0irecIcn8Ill dlrlaquoli IlIdrredlyriaesee

~ RevieooWg ofheFnaICiaI andRisgt Management Policies oftie Company

k Revrewing from _ klliIle the Comparly$ SlaIUkIIy and W1tradua1 gt as well as fOOSO1S fur ~

~tany

REMUNERAnotI COMMITIEE

RemJneltaIlon Cornmotlee ~ 01 two -exerullle llitIdDS viz Of ASISh Klmar 5ef9JpIa Dr ShailaI ChaOtaborty and ooeeJecaCiW ()recu viz Shri CS ctwtuyVee Chailmall was blIed by the Board atIts meeD] heldon31slOclobelt 2006 TheCommi lleeis~by OfASISh Kumao ~ TheCorrmitteehBse--ad I01h row kllleIerlrine Ihe terms 01 awonment and rtmuooralion of ExecuM DilOCbs policy on renue-aboo packageoIheExecutMl Difeclorsand 0 inSIttiog leesas pad klllrtecbs lorallending meetiI gtgs oIlhe 80arC or Cormittees theIeof During tle1narOIIl)ampyenooeme~ washeldon 1$111 Ja ry 2010

The arnposrtion oftile CorrvnitIee andIhe allendargtte ofhe II lP ofheCormIittee-areflivel beIcM- _-Dr ASISh Ktrnar Sergupra

Dr~ Chaklltllgtorty

Sri CSChoudIury

-shyChairman

8

SHoREHOLOEfICOmiddot TEE

S1 dlIIos Coull WIUI fA Ine ilClelodoo~ llntrs yenIl- OrAslsh K-rw ~ Or ~ OI8kI tyllld Shies Claduy Va on _lomgted byheBoIItl aI ilsrneettlg ~on 311l~20lllI The c tie -lid Dr - Kumor~ The Iem$fA to fA s wO 01 v- ~ fA

fA IIe Ca__ 111 td we ~ ilt Illd 111

pe1bfAlII ~1lldsrT nclIlloIW ilS __ -clIdIll~ lI~

No fA S1dldlIIos ~lOlir ~

Nod ~ II Nil

GENERAl BODY lIlEETItG

Thelal~ lIIIWlgfA~_PIIIldItSditacl_

1HIlAW

umiddot Sttwillii 2lDI

23 s Jillii 2Xl9

SpKIlIIIR bull ~a I~~ 9S

One(ljSpecgtlll R bull _---e--clnlglhellinler~

No spolOIII-on bull P-IOr ~ fIIIu1l PliI biIlloI b ben

PtollliI e-t1lld W COl Imiddot ry -ar pill Go is II Setu1192AfA Ill Ca_ =L 1li56-c1 Cou_IPiIIiIIIg 0I1lli Igt ton lII PllaIiI bIIkil) ~ 2001 an eBCII WIlt 90anl fA Ondori appQi _ tlr~ -dI PtollliI biIlloI

ceccc bull Duolrlg h _ ng _ II __ ~ Oitean llIl1e

Moo~_o1lhIir bullbullmiddot OfIlllilioo5IralIllglll_~~wl-fAlhiConlpatlyat b Tlwn_ng lllilInceoi non-w lCefA iI)- ~lllIlliC3pltllclnlgIIIIlrne~ald

ee pili bull 0I1hllQs _ ~ on ~ by SIPIr ~ Ill SE8lIlI oe iIalIb) ~ on _1lIIiI8d 111 capIlaI __ clnlg r1asl (31 _Illd euepl uplIiGo n ~oI~s ShIres byS1Ddlt EgtchltIIJ 01 b ~ ~iCEiald ~hnebeen lI n _ tal CCIrr1parly II hopefUfA idla 01 sbove suspetlSIllII at eat dIIe

c n lull Ca_ lIlIolos eqlIo18lS 111 ~ obOul bel acul or suspelgtdeltl hull 01

fIeeanpry-lhDuloI PU

9

I

IIEAIIS Of ~l1OIII

cu _SDt~~~ l~_-ly~reds_

been ~ _ a - toO _ 01 ~lt)w hall ollie ~ ll AampdIelI ~hriI~rdJliShIdhlllI(3)mcnh rJecIo6eoltgteilnaroll)U ~-AIaenomalyputlllshld cnr ~ EnjlIII rei_ 6ongiI6 New i Vlz F ~ I B _ SlIrdiIrII (Englmllrld KaIInIir i PraIicIol I ~ I 0IherSUIIIblI ~ The ~ iss- IIIW5 ~ on 9 ~ COPOsle ~aoo aetiLties Scd1 forrmtion ~acl also beendislUycd from lime ll lime In theColrQao(s Wabllt fWNW~com but such~lioollasbeen madelolsJtulklnal inveslDrsorlolhelnliysts

RlSl MAHAGpoundIlENT

Tha Board oIlllretlors II Is meeti1l hekI 0Il 2nd lUi 200111as loIid- IIlII Rs MiowgGi(yni~

~bpti~IbIlhBoW~IIensllt ertnlbullbull iallllfOC1ns ~riIli bullbullaE_ ~pliC1t Ths~ bull ogli5llt~-nd lIuIrlls d carco-nj middot7 yog

~o- hebogoo _Ile~-b 80 bsl

Tl-onUltIlSb0 0iIfJI~ d-ndp 1-1i _ shy~ Roopcotioog ltiIl

TloeeIilCtllll_ -at-ly~anlllO

oDE Of CONllJCT

nw OooollotIal ~PlIlIdon2lld_2W1 ~CodildCoQclbtoe d~ _ tie lltll 01 Dnlttto-4or E oeo oeo s01SeniorllaoCoftgtlI~ -= _ WI oIoIos

1 To 1d1he 1--d and iOlcirrobOgMms 10 tgtlI~IdIlclneSt)o ~ aIalIy and ~QlI(kJllIllnlsetoes tl 1 lXIUItIlW1 and~ ITllFfIT IIld noI1IM fnptper Idvantltge oflhl~0I1he Dncba 5IlfIIlr~

2 To~wiIh p4ic __noIeoond-middot

3 To Id gcoIlIilh ~ u cn 00~~ and ltifYo wrthtot IiIcJwoJlg lteir deldoi~ jlOjlobullbulltll)lllblldio

C 101d IoerNncealdh~oflhe~

5 To ~ -sr hi - Goglny lIIIIIn _011_III I o-eIat he adl cu iorlle _~ wtcIlleltiQlOid lliJealo -or~hrilSUlI_

5 To lllId III cu- oflb I1ll lelllln of~ toe cone d 5_O-Sw=Ilae-DIIlde--telldloonbIOOpMrS ~_alIIlatIzedor~lOdo1doIJIlldlob --ilrn-og1lle~~-b-__

a AooOO 1SIjjIny1bilt~I-clCIP8JIYOoodros b~gIrIltin_fIIl

LitUIllllillIIbhlCJmpilnys

7

--

9 Nglo_wilIOl 8ClP8dauwd_ DnanIor_IftOIIII_grb~d ~iI wnidIr-ohctar-dncl1lllrlllt

I ItIiP ~ar~~d-1-dIllldwN bullbull txIushyAONbWho-w_ wu_tIlcUd _lldIca__ a-d ed__Ile_ttl_gr $ dariliMl d~arbullbullbullbull 1 pgIicf nlIll1-W-llr IllBowll_ tnne-cl _lgradllCbl o-sw hey-IUd__CD1Ir_oode 1gt10-- u Ccde_Seniarpaw I

GEHERAlSHAREHOlDERIOFORIIATlON A-r~ ~ OngrlRn _Soii _2011 ald 1

C ~ S bIlts ~~SliIonRcamp1 KtMI- 1llIll03

The Carnpaytskm l SAp1l lo31S Ylrdl ~far lrllloMlJIifWSb2111(ll Illd dod ~1ar4tl~erdtlg311lldaJdl2011llIwlildeoedasPlrClluu~1 dLiIlnIlAyw=t _ SUiExctooiglS 0alBooot lIltIsIn ThI dMIs d book drI5uI1I llOll4d be tolIXI d (1) dIys Nt- ltII nell ArnoI ~~

DMOond P- DItt In- dille contnoous loss flcurIed bythe CotrcIony no ~ Ilai been ecollwendd for theyMt 2Q(l9-10 ~ onSlodl ExchMgt~

SIQs d Company nlisllld wdh h Skidlt EcIIyenoges d KoIIIIIIlld MumbIo

Stoclo Codo

) Sbt CaIo d SIot Egtdlengebull tVtlIi

bj S1oc1 CadId SIot ~ Kobto C) oma I$IN

rI hStloj COSlIar Equitybres d ~ 1llpoundl12C(l11l18-- _fIl-golnlg _ O illlxraquo z zrd-tll

q bull w ShM TAgiMt _ _LId D511 llIgn 7lBRll8 Roio1 ~-700001

sw T S-TIIz srehAIIIt-__-~bnl_ poo _Oil ~1 Illd _ lDIl d 15ltiIys b doled IlIOIlIIl ~ bon__bull II fIIIl2stI bull _dSEBl IlJdlIIS CO J lzcIIJd9-T~ l--1lI_ 1IiZIIlnrWbull apICXIlIIIr_tl owh $ dlampijsd lOd 9__01_ ~opISbdemIl~ iD tl

llimil ill DtoixgtsIb Pa (llP) opIiol 01 ~ ThI Dol Pa jjlii z~tliMlIOlIlIair _tlCciroIPWl liang_oil -lopleXl OnleCllPldllW_ ~ dIbullbullwtleilalilwe In_eedDesrDlgdoiIIle IX~despItjes__

--

--

Diol oI Sb Smiddotmiddot~raquol

bull 01 ToaoI SlIiiel C ~ltI 5110 lOll

a 101le 500 501 101000

UlOllO sooo 5001 10 10010 100011020000

a 200011050000

bull llUl01 101 OJ000

bull5

~ 00 00 1IIl r

ss 0 6211

a 00 n oro

O~ 01

bull Q

un

as OIl 11 ~ 2ln

T fo or ToaoI sushysea 0)1

OJgt 1022190

91 an

611655 ~ 169999

~

~

Z~

Z~

~zsoo

1101 SIIoIII S 1gt- of 1M~

_shyshyr-Pluo ~_shy-

shy

Foreq1~r

~IioIHI_s

61~100

lIZl00

sss

- 5

315S2 3394849

210299

-500

41101shy

az

bullbull t s o

100bull One bull jz 01~

ThI_~III~_OOOOP_ (1__29lgt~2O(I-t do ~1ICi9_e NStlOllI51l 2001 n aJSl illI -ltIIrIay 2m1 Tl3sl WitId 201O1le~ll driAzlo~b4 3801Ifot ltlCl8fool

-OUTSTampNDlNG GDR I ADR WARRANTS OR ANY CONVERnlllE INSTRUMENTS CONVERSlOtl DATE-ND lICELY IlPACTON EOlKTY

n~ -1lllI_ 1 GORIADR IWi15 1~ nswmentsanl hence lhn IS eo ~on re E~~aIhI~UIrgtltD oIIbcMOlStlmItlI$

- COCA SertIOhlushstmled KyenbIIL SovlUSIilIol Fad PO ~~ 100 103

ADDRESS FOR COAAESPOMOEMCE Forllnleo del 01 crollorqry -olllhn nlniIIIInrlll8lad laIied 5enbo~lhiItd 87UnIl s-~ 700 013 fue 03322178915 896 F 033m5911l5 22178917 E-IIl bw Jlu LillDIlIII - _~

AUDITORS REPORT ON CORPORATE GOVERNANCE TcltSha- It CIISenbo uIId 1 Wer-_ C UGh af ~aelfsnInlUroe$~b

Inlng 31S1wtf12010 flaeltf9a1hblnagodh~sxt Eoct 2 The_u dw rJw 1lMl 15 hesogtsblll dh_yenel CJI6 I

_Iiro-I tl~1II u ~b)h~bIIISlJII cubullbulla COidoo air COrpnII - M aid_ a E4I d on hOII 5t_d~

3 QIopIUI roIllI flit tc aI Ioo I kl10e V- tl _ adIIyh ~_wl4W w ~G z In__ 1IIl4Jbull We 1Ia __ grbullbullbullca REgiA amp Ston i C s shy_ d hi --a_CBIlIocl_ason 31S11oi1rttl21110 lO r-greaald9 1lJIOIIl_~bl~~tneoncnll

5 We adI ultr5IlIrIJIDIastlUewdfyd~ngr or bull I ~_amplel~tle~attgte~

For RAJESH CHATURVEOt ampASSOCIATES 0- __ bullbull

Itbull Po

~~~op No52a

AUDITORS REPORT

TO THE -WlFRS Of SENllONXJSTRESlMTpoundO

WI _uMild 80 SrIeeI d Serbllrlllustles InIIlM1Il3111 rlIrdI2l)10 r PrIllll l loI5Aalull lorlit liM IlIlIlil c--edarcI Cash Foo 51 161 lorh petllXI endIol on IltI dIltTt-ir8alI lolSnllel_d~118JI0u~ ~eonss Ol)irIoingn-kvOiI lolS-IonOlladl we _ ~OIIaltIIlIU AucInlSlirdanllge bull Ej hiiL n-StIi(laods Won ihel we plala petbm Ile kI ~~_illouI hlCiaI Ieare free d eA1IadolnUles_ bullbulliG-ona_tlaSII~Q~Ie_itld~

1hI1iN1rrili111 olSMallClUlecncUlls gOeaexDrCHhiCl(lllSllSIditldliUbullbullbulleoa I made by lIliiI8l8ieI III~ r0YIIlIli lrinIII $ e=-we belevelltlWlaDIptllOOde$l -onable lIISi5lorWI opirIion Wereportlhal 1 All ~ by he ~ I Report) QrIler 2003-ed by CefVII ~ SecIol

221(4A)oI the ~Ad 19$1fld bullbull1lIed YCJ~ we endosoe IIheAllnellft1 I 6donhe

ta

--

focltl iOjA4an1 5of1tlltI ~ 0rilPlt 2 Forttgtelt 10 oltsltOIIIITgtI1l intheAAnexUl1l refemld 0 inparagrapI1 1ilbove we ~ lhal

(sl We hIM obl3Ined ltII b i nj elQla OIlidl kllhe beol 0I llU IltIooIIeIlge and rae were oecessaoylolhegtUpo5eofcur~

(h)InQJr~OO prQ)(IbookJ ofoxountasreqUred bylaw hMebeen llteptblIe ~solaras~ rQm onllamplTlalioo dhose books

(c) The 8alance Sheetnj Proftamp loss Aoourlt 00aIl iMIl byh$ Report are inag SEll IiCIIwil1 the books ofilCCOUnt (d) InClI opioioo ee Balance Sheet ProIil amp lois Acoount amCash Pow ~ Odh IIfAacultng Slaodiods

rlIotfed inSectioI21l(3C)oI1h11 Coo IlpanAct 19$ ill solaraskSlardarlls Up1l llhle to he~

(ej 01111e DaIS0I11l11811 ~oIIltnl recellltllrcentm lho ~as oltl 31ltlllorch 1010 -IlakM onrecoltd by he Boanl of DirtctltlrS W8 rcoon ltIalnone rJ the DillJdors aAI ~ ason 31S datd12010 frJm beng appl)i1ltK1as DndI-ltOnlhe---g0l~27 4 (l)j)oIlIe ~Ad 195E

(~ In opioioo MIl III Ihe best QUI informata1 andaaorIlng to the ~lions lJnto us lheS3IC financial_r-d no_WIth It Silt1Nfgtanllatu1tingPciOe5inl subjello ~oI 11~~01 BoniS GralIiIy LltMI EroaslYrent lIrId~ reeeeee COl Sltsu-Ily )epoKCtfw3I UacicaI $lcrliSheltmlIIl101 wIidltaanotbeendee1millad Notbull bull regardlllgroorgt-chalt gingoiRelteSlCOllnter~ 8oowllIfroma~~ ~S on Pamptj~on Sorory~ampuy Aibs lIrIdlC8iSand~

~ oW lreganlilg~or_dwithMibull F Kbivt UltI tho_lO Notll egarding ~ oIAotoonIllgStandard 1$~6enefds nllle AIallWs

1gt1 bnirg pall 01 SdeduIe 22 flIllCI ~ -Mlh oiliernolM lheren giesfie rIorTnation ill ite mannerso -ec by 1he~Acl 1956andgivealreandlatr Iij Inhecase ofee Baiance ~OlllleSlaleoti1l1aQCorr4gtonY31 Motttt -00 (il 1iI he caeoflte ProilampLossAIC0Iltgte105$ for IIfyell elidedOIlltlat dale and fli) I Ihe case oftheCashAow Statement0thecash lowsoIthe ~ tJrlha lIaI eMed on lla1 dam

For RAJESH CHATURVEDI amp ASSOCIATES Chartared Accountants

RClgtatuMOi- Dateel 2811 May 2010 ~MobMMbullbullbullbull

ANNEXURE TOAUOIT(RS REPORT IReferrtd to iI Paragtliph I 0 _ RtjlOl

1 In respecl ofis flxedassets al The ~ te5 ~pIqlliI reortlosllllfl ful ~ ndodng qumtoIYe details anlsi=lion 01

FudAsselsonlhebasisolirlJrlnallon8Yaiible h) kgtorrIng to ee iobmaion ifld explanalions gWen tousee Fixelt Asm IaVe beer physIaIIy-t by the it~alreasonahle lIlIlVaIsand no_ClISCtlIaICle__ongtltdoYftrifalioon

c) II cu- opnon he ~ laS 001 cIspo$ed d subsIlniaI pall of fiMd assets dIIingIIIe yearanl thegoing ll)rOm $I31US oIllle CompenlIS flOI 8ffeced

2 In rl)Sped ol lllY8fl1lrie5 ailemiddot I IF Old II us ~ SIIri dlinlahad goods sbamp lllIamp ~ argtl raw itIiIlera6 exoejIl sIocls ththll

PIlies and IaIl5Il dal a ll phy$icIII~ verified byIIIeiNMgemeot al raasooarMe rlleltlaiS blmourLlJllllOll andaccoofug tIllhe ir1bmalictt 8Ild~~lolSlha proceVesolJttysica

II Adlts foIowed by ~ -abla argtl adequate rela01cent Ihf size d Iflt Coo1pany and lltueolils~

cl Pol eplaled Igt thediwepancjao nolieoltI onnflclloon bo_ It-PhysicaI Slrlcgts and IIle Book Records oIlfIelevef material haoll bee~deallMIlhe booksolaccoons

3 ln~oIloarr

alThe ColrQan dunng he 18 ha$ taken ~ loarts 10m Coolanies isIed n toe RegISlel fII8IlIained Ofdmllll dfleCorapeniesId 1$6 dllSal3llanliillilt w11ree

b) respeetolloans and acMnces il1he oIloonsQbVthe Ccnplyt)any~sla1Iwheltesbpulatms havebeltln made partiesistilllls havegeneraly repaid the atnOIflli as 5jplaquo j oIterlanthose written Qll ltltrIng treyea

4 In OU opiI1ioo 8lId 1 Jollie io1omr8tion ilI1d ~ 10 us eee ae1ldeqJI1e i1temal 00fllr0I prooedures~wiIIllhe sizerJlhe ~ llIdlhe_rJcentS OOsiness lorthepurdlaseolstwes shymaterials irdJIlng 0CWfIP0IIIlls plant amp Ichiy ~ and olher _ and lorthe sale of llJXlS 8lId servilte ~ is regolalt intaking rorredM -eswtlenvll( major ~ in iJlemaI COOIrtIl are 0 31111lt1

5 InCUopnioo and accllI1Jing to lhe bull ottand explanatioos gven tous110 transaellOnwas madeb- purchase 01 goodsrodma_ arid salerJgood$ mariaIs 8lId_ III purwance 01Clllilaets (I 810ge0 l8IllS entered in the er malntaioad lfW Section 301 oIlhe CompaIieStltt 1956 andagrpgalilg o1rigtg the year III Rs 500(00Of more inrespecl ofeach Pall)

6 The Comparl~ has rd~ anydepolIbfrom the pubic inIl1IJIIIU 01 SecIoos 58A 58AAor anyolherflOyenanl prtlVlSlOIS ollhesa

7_lIOUI opiMln Company has lIrllrrlemai Auditsystem 000 lei0SInIeWIIh ltIs size and thefIIbe oflSbusJIess 8 AalmIlgt) iJIcIrmaIioo and egtpl3llllbOnS gigtO kI ustheCeMaI ~t has notprescnled 1eniInce 01

costrecudsulS209(1J (d)ollhe CMIpooieampAa 1956 bany~o1 lhe~ 9 Inrosped cl S1IIu1orydues

a) Arcming 10 Ihe reoords oIlheCorr(lany at 0UIWndng dIJes In respect of Providert Flft1 Etlploees Stale InslrarceWilst BengalVAT CervrnI SalesT- 1rgtCQme Taxes rmSI rknoiplII Tn F IorPolutioo Conlrol Tradii Wcense and tire liclne eamp haVl eeee paid du 2OOS-10

bl Aoord glo tile~ follJfId egtpIarIaIiom given 10 os 00~ or~ amets payablei1respecl aIiPlCtNTllltl sales au WSIOlTl5 OOly exose dulyordues peyIIbIe 10 any olher SaluloIy and II](Local ~

were oolStnli1gasat31 $I Marth2010loraperiodd rro-e tlao silt ~ from Ihedate theyeeeerepayaIW 10 The 8CWlIIAaIed losses oIlhe Company at theend oIlhe fio1niaI )Ilar a Ine= 01 its networth I has rcuml

caslliosses duIngtie l8 iIIIdalso inthe previous JnancIlII year 11 The ~ has notOOIaultedInPilyment rJltlues toany fnIIciaI lltllliortorbankorltlebeo1IUes tdders 12 In00 0lIlDl am ~ III the ~ an explanalion grven to us 00 loans an acMnces haYe boon

pliedbytie CompanyfS1 theblIsisrJ$lllUIIybyayorpledge ofshates debenIIresan OIlIer secuilies 13 In 00 opnoo the CorJImy is nor a chl bld or a r)(IlVrnutua fundIsooely Therefore daose 4 ( ~~I rJ the

Coo-nIianies IAuliIor$ ReJxx1) Odef200J ltd as amended upto-date iampnoI ~ IllheCompMy 14 mour opinion the Canpany has notrIeaIl or traded in shares ~ detlen1urelts aod 1lVeWnen$ ThBreliJIIl

clause 4 I) olIM CD-npanos (AWibs Reportl 0r0ar 2003 an 3$ _idad upIO-dala is ootaPflkable tl the

1S The ~ lias nol980 guaranleesfor loanslaIlten byotIer$ from BanksorFinanciallnSlillJllon$ 16 The~1l1asnot~ itlynew mm loans (Urg theyear- The Termloans OUlSlandllgallhe bullmiddotgrJthe

lUwasril 17 ~tc the formation an e~given 10 usandonan overaleaminalionol theBalaa Sheelal the ~ weare 0theopinionIN no $horImm1oarl$1Ia been usOO lor long IIm1 tl esIi IIII ltIS

18 lloong the yeartheCompany lias nor madeanyprelltmntial allotment rJsIllfts tl parIIeS and companies covered in theregf$(efmain~tJ~ 301 al theCompaniesAct 1956

1gThe Company lias nossuedany detlenIlIres during heY9i 20The Company lias notlta1Sed any money byway ofpubloc rssue dnIg tie yei1II

( 21 In ouropnion Ild laquoeortIngtc the iflformalion arld xpIinItiorl gwnlO us 00fraud onorbytIaCOIl8Y has ~

nlttioIld orfIPOII8d dumg ee year thtcauses thefinoncliI satamanl$ to bemalariaiymissaled

For RAJESH CHATURVEOI ampASSOCIATES Chaltta-d AClOInlmtt

RChatu-di

PIacIl Kal Dated 28lhMa- 2010 ~libeis1 shyNo529llI

--Balance Sheet as at 31- March 2010

SOURCES Of FUNDS SHAREttOUlERSmiddot FIJNO _ -

APPlICATlON Of F1JNDS csers

IM$--OlIlgto-=-o

shy

100479000 2 92680000

musUIlI

3 1~zn245

194272245

rot )9$411245

bull 321969 061 - 1410U6ll

ClJRRpoundNT ASSETS lOANS ADVAIiCESu bull __ C81t 8lai8-a I-t

Sbull

U~356 72152(1ll71tl610

n 1-sTUw)shycww

I bull (872lillllll

u eolor taaicn

nuoo NET CUIlREHTASSETS

-(21129111)

Pfl()fJT amp lOSS ACCOUa 2711Sotl$l

rc 3910431245

NOTESTO TIE ACCOUNTS 22 Thf~~ t1ooe bm iIf1 gal part1If he Ballnlo SheeI

In _ aI(Ill IIIllOI aloMn dale 8IIlIChed

tNrdgt]t 2Mlt

1al4790lXI

bull

muSllOID

211Jamp33ll8 21 ~ lA33ll$

( 1 S02 311

321J2OS]( 1S7 7llO 6GB 163929iI66

li3 t 2U amp6

01530 72152(7

11 213 701V

11576833

ro 1161233

16IU2(

4I S02

lor RIjMII ChIturvtd amp Anoc_ For Itgtd ~d

c_ shyA~i8b -e Kolall DaIId 2811 uy 20 10

C $ Cbcudhury KaII s aoptbull Viol 0- ow- bull bullshy

SK~ Gof-IFuIc~

---

--Profitamp loss Account for the yearended 31 - March 2010

Sd 1Wdl31 2010 INCOME Sale 0TltiiiPrtOoG cow klcJuampeI~) III SkIdlt 97l198 17878

135125ot

- shy

FQor gtlis OtlerII gtlisee-J

leoSOibullbulle-- -COW-SeAng amp Pnldua De I bullbullbullbullbull --Ilems aI ltIlmllle yNr

n

ts te rebull

11)49028 120932 m ~12J51

2fioI7454 195538 6928685 6 ~7ampM2

5861 892 2929647 921633 92216

16on064 13822019 aee 158ll3ll

ltm s

PROFTT I (lOSS) PnJlil I (los$) bebw ~ (330542 4)) (25040611 ) PIoo$(o b ~ - FBT (10400)

(33054243) (25111011)

J 17~20

(238383798) (21 31530011

(271 1SUS7) =

For IOJ Of )tNI d lIlo 8tgton1

C S Choudhury K1ijal Sengup~

Vici ClamIa-l C1IiimIM amp IIiIgtIIloWll Dnltlltrr

s KMukllopacfhyay -~IFn1naJJ amp~~

NOTES TO THE ACCOUf(fS

In IemIs 01 1M reptil 0 (MIl rIaIe attadleIl lor RajKh ChaluIYIIdI amp ~t5

R ClatucIi-Dated 28th May 2010

- - - ---

- - -

bull bull

SchedulesForming Part of 8a~ Shelaquo F AUI middot MM~312009~3121110

~

SHARE CAPITAL Auhoflllld -- shy~

lllilOIX~_ltJRsltl-_ 120000100 ampaooOOO

luued Subsaiblld Paid upJlIlIOIlIl~sr-ltJ Rs tgt-- fullllI Ult_- - - -shy

104909000 104900000 I Oli HICl Eqity Shno 0 ltl- YlI_b__ - 50ltI (lOO 5091000

- -11 o000DOO 110000000

- SharCI _1 A_ 1S21ooo 1521000

01419000 106479000

2 RESEIM SURPlUS roo ~-CapcentlIwbsidy (Gcwl Ql West Bengali 1SllOOOO 500000 _ 91 13000II 91l31ooo

9268ll000 92600000

2 UNSECURED LOANS From eeeesCorpaote 194272245 21 7343388

194272245 217343388

8 FIXEDASSETS tEPREClArntl _shy_~

~-~~

bullbull bullbull ~ bullbull bullbull bullbull= - l Ol20 ~ D1 [)I1IXamp _

111lllll1O 11Ollllili ~ -~ -

~ 1$1 -- ~ ~-

2lt W - rWlro til1 TampI s

_~

I~ _ ~ ZSO~13relt 21U8325DlgUO gt5~O IG lJ231ae 390428)1 lIJ I3 m~l08

920 -~ ]100) _113 Zl(lllll~-

ll~ SI2 T3 1J2 M~ -- - m ~ 511~

_ I RIiloo _133lt0 romiddot ~ 611811ll 1138lt20- I 11 oIol ~M- - _m

IIIlt shy-- l1t12I571 2400II l1t 1 51~ - ~ crbullbull 163mllRi m ~IO3ll -l2alte2to l2TnO510 1IJg6l5111 11Il22OW IU lIOlIOlI T83 mJl(lll

-~

18

-~-----------------------------

---------

Sehtdults Forming Partof Ba-- Shell

see INVENTORIES As -en-ee lyNuCl

shy--shy~r omooos _bull Clro- Sa eo CcocI Orooer Sa C llcUIIW

lMs PIIl_kw~c

CASK 8AHK BampLampCES c1It-_amp__ bull

cr~Sd

ocat b a- ( (00 _ 0-_1

LOMS ADVANCESbull shy~

1vJ ~_etl 0

II_Clfb_tlt_ AMrakwf = _b - FB7 (fY2IlllI-lI9l _ FS T -Y2llraquo- tI e-PLl

1Iwll ow F- ~ lane F- PClI _ Tax AI ~ InpIlIVlTIW bull

s CURRENT LIA8lLIT1ES PIlOVSlONS ACURRENT w8IUTIES0- _

bull SSJ lnt

-- shy- SeoIII) 0tpaM Reo 4 o8Cl

rMra F o-n- ~ IPl sad PaIl ~

bull~ FOR TAXAT10H FmlIlIInIM Tax

ts

IIIwcb 31 2m0 -

6111$ $ 681 fjl

U 1U5S 1991 53

119904163 ~n9~16

1l1527

2 ~ -

UOgt -

17 bull lgtS ~11

om SlD5 211503 ~ ~ ~

-

8718610

lt10901 S790 151 -wm

310(0) uo48ns_

( J MardI31 2Illll

shy21i21l6ll j$~1

~lSI

1( I1SOOJl2Z

11713 ~ 1795 11

12lsWshy

lW111

_137f

6913201i

2JOgt rea

1Ui

l12n1M

63522501

3100XI

11576)33

ro 70bull00

- -

--

- -

- - - -

SltheClIles f ormingPart d Profit amp LO$S Aceounl

10 SALES

-~- -- 11 OTHERItCQME11-[ melt

12 flaquolN OPERATING INCOItE LatIy lnt1en Ilad

13 RAW MATERIALS ~ Slcd01 Raw ~ Add PudiBse Duling he year

less ~ Stock IIntten 01

__ less ClJsrlg SOdl

15 UTIUTIS - POorCf amp fue l

FltnI8OOOiI shy_=00=4 of ~ 16 PEIlSCNtlEl EXPENSES

Salary Wa1eSEltgtlus ampExQlIJl wgtltl~

Co ConlrbJliorllll P ilIId E S I F fICmIrOW_~poundlC

Stl ffTffin~

LtWm 8 liwiIs

17 Olli ER EXPlNSES AlOIo FlernJnn1lO1 B3ltkCh Books amp Pto odicaigt ConsJlanc S service CtIatgts eooooo Diltectgtf Sitmg Fee Oonaion amp SltIbwEnt9llJirlrroerj bpelMl$

-- V endIltI ~ 1 200IIM~ J1 2010 h

- 2(6557 l4t64

lJl17li 457449 172899 _ - ciJ8S

420amp82

420amp82

~62U68 1441323 96691 l294m

2111359 21421 00 162n

2050~ 2742100 501554 2621168

_1~9 ~ 120132

194905 sbee 407285 ~

Zn1 1~ 412351

2320 ~J 751578 24367 17lt581

15379 ~

264745C 1guraquolIshy

OI0tTO S4lll292 370512 35096

17412 19J11 ~ 911 138 574902

6928ampamp5 - amp471gt12

1890~ -zsesm a 18793 4308amp5 29864 207818 152574

~40000 ~ ~

55189 ~

-_---------------------

--$lttdules Fonning Pillof Profit amp losl kwunl -

FIQlIy Fcnrc ~ RligisIi 01- shy shyPlIge amp_Ii Prning amp S -_ Wi _ t XD - shy

VIhdI a -

UidbullbullJ- 5aLJrtG amp PRODUCT DEVaOPllOO

Elwo_ 11_ C

e shy- shy CgtWltGES CIlCllfl CrdNc

middot~(IITOS bull CIlE$lDl-

shybullllII

ITE-s MllTTal on DURING THE tElR ~OIlIIe _ncIl11ngi1r___

21 AOAJSTlIENT llfLlnfG TO PREVIOUS lElRS ~~ToPt

---

IIIrdI 11 2lttO

293~ aeses 2013

3 67 37 37193

31 lOl

~

_~l-m

V

scs 2671

~

-- IampIrcII 31 20Ili

shy321581 271850

92 312102115875

~ 500 ease ~ mno10 ~ 3lrn

OW

eo ~

m me

nM

21

n IIOTU 0 ACCOtIITS Slttw- tlmnI prI die ilalfte srt1Il Istllllrchola nl PIlIIII amp 1JIIs-aul trn _ -1IlliIlI31YIrct2C 11

t Sifi_Ac bull shyt _1 8o$lS CFACCtIUN7JrIG Tht~ e p wl-MI_UlcstOll__l Ol atCIAIba5lSd~

C_ lIOltUSgqIUI)lfICl- i1b1el1l~ c__11IO

oonplyOllfltlt~~ ~ eolAaNIfSWdilnl) ~ 2lD6 puSUiRlc5ecbI211 (3C)1te eooesAcL 19561 lto6lmiI) Gle~ ~ ll _ (_ CAAPI ~andft~ pvmIOOS DIN r~-1956 Tht~ pJlIQeIl iQCQIlSISIonampyamplplledbyN~

12 USE Oa STIliAn The_n_of~~~OIIhGAN~~ lDmakelSllnllllC ~ fllIlllKttlt r8pI)1ed-td _aod- ltIIodocltre 01 ~ngenlliltlillIes

bullbullbull_dbgt ~ tol -l had pjoesrilrng IIMI ~ penxl ~~ 1IIilinaIIls b8sed l(lOII iitSmiddot be kloItIatunwl ~CIlUOJ

3 RXal USETS fI F_-iIl~ oxa oleUeoabIfII1oa 1C05IIICUlli5 IIIGUei llclir-wh tJitS-mcubullbull__

Ib)Tho~_rJbed _d__QnMj [ ~

laquob)i u lEPRfQA1JC

00 bull d -1_cnoodIl CIIIIriiIgb me ~ lillle-~ Slt1leOjo JNrJ ~AaI956 bullbullbull_

~ e-LCIII_~~ding 1efW _iii dlldl e-ertSaly~oo__ bull bull Ii middotded~r~4~_d_

15 MPARlllEtITF ~taehilllalCli SIlIlIll_iDl __ Ii CIIe__~

rldicIIt rt ifllleao_ ~ 01 bad _ lt1Plomgtooed N pa_ lCJsI le1 _toe lltT)lIlll_fII oIl1e ~ lib11 tJIJIIJ Cash GEsIili lN (CGU~Of ollelexceeds_1JIfiUt Tho__ Ii hi QIMkI d1lgte_net ~1IOIiI$_In~vaIle ~ hees~matad lltlft cosl lbw mUle use ollne aiiSs diIcounled 0 Ilelr Pfesenl_ 011 WIlltl_ M ompAtTIIMlllCJsl is~ j tt- _ --linllertlCOYlfalll onanlrld sunlrlss_OOIorgor_OfModicgtaw ~ Ioa l JlMnIIlterMa ~ tI N carrp1J -01- _ Mlil1 case d CGU

7 I Jok CIII~~

11 MfIlTORIES (___~ t_ ~ -cIII~d

~roolSldlel I ~-_aI _1ot-IIIDdQn5

~___~COIlf~plOdocII_oelDI n DbeJddampl7ampblgtIealll ColIiMlill- shy(bl- __- __~hsIoecgDCII2I --=lIl_dalilnnll

II ColI d a- ltIiel IItnIr _ pencil 01 _

~CllljO _

11 ~ a OGCOSTS amp0 g_hl~tI t Of~olhec __ iIo-t ~aolglgtltdgt_ _oWIOcoAI_dWgoltltJ~_

22

18 REVENUE RECOGNITlON ~ tom the$3Ie ~ goods(rouong TrllIi prodJctloo1 Ilottlesl IS ~ t4XJI passage 01 titleIe the cuslomen wtgtidl ~ _ Iheir ltIeliver) ~~ -y cui 01 gtltu ltifIe cIiimr 8lc altcOunlted rasand hey ~ fnaIydetlt1rmonod

19 PROVISIONSCOtITINGEl UABlUTIESAHDCOIffiNGENT ASSETS lalA pllOISIOn IS reoogrrised when theCUI1pal) tlas bull n-Jl otIIIgaoon as ~ 01 __ -l ~ ~ an CkIlkgtw 01 resource Of t ~ 10 $OllIe the ottgatiltJn in respect 01 wIldI ~ ~ _ be_ ProyenIIions are not diiowlId l)~ ~ ond a ~ -d (WI be5l OSlimate ~tl_ the abIigaIJooat he -e__ These _ atNd baJIIoce sIleel

d e -l~lO fllIoa lhe~~l~te

(h) Cootingenl labfllies ~ byY offICIIe5 IC (0) ConlingenlAwlz~ Y_egtlaquoepl lor lho purposed _ellol-

110 lEASE Sne 1(1_ has beenlICqIOrOO to-PCl ~~ l)pe 01wiI be deIenTwgted WI

~ 111 ACCOUNTlNGFORTAXESONINCOME

In-01 lilt lossb tie year ltJ1der revi Taxeson CuretC anIDeleltted Income have notansen

112 SEGMENTmiddotWlSE REPORTING The~eXltiJsiwe~ 1$ maruaeturinJ yenIll lI 0I V Fblsnl such in theopinocgtl Qfie Ibr1agemenl ttIil is lhlI (IIy lepo ~~ ampe9fIIlOl per AcclInng SllnIiard 17 on SegnetC Repor1lnt =oed by n - 01 Owtered AaxgtuntlolS or lnclol There 15 no ~ GeograpIwal segmenleithelt

111 EMPLOYEE BENEFITS (I) llelnod COOIlIbtlJon 10 prQIIidertfind ard empIo _ 0SlGII00 arediared Ie~ amp loss 1lCttUll 01 fill _ GleQlIIIrtbulions lOthe~ bIClS n 0JIlThere ate roo 0IheI 00lig81i0nI Ie Ihe eo IJIt I oe-er lIaI1 clJGb6Dn payable to therespecIMI-uy illIIIltntJes (b)Mninul1 _ or bonusasrgtcgotiated fmm n 10_ os lIo1W oCCOIJlted arc pood ClIIIl basis 0$1 -dQlllSlSlfrqt (0) No _ llInIIfit5lCthe~

Id) A molteltolco_ y_llerooIIin lhebmaigraUlyisllilllltraquo_ ed oncashbBSltl

1 _1~ POLICY ON EARNING PER SIWlf (alBMcNrnig persharelliltAlQ ~b)~lhetgtet~OIlossallet end rtude POSlIPeeclolany ~ ilem lor the peroltl IlItWtIlo Il~~ by lheweoghled ~_deqlJty shlIe wtsIMding dtgting ~ pergt)I1 ThegNed _ 01 equity share$ 0JISll0 tUroll tle PriOd In-fore_ fgtCiUdirIg a txnIs iDoJ tIatUI eleltnenI 3 right issue spill d __ or reverse tPl (1elXlISOIidaIiDn or_os) lito made dunng lteV-- (bl Forlto purpose or llIkulatJIJ ltlIuIod rmroJ per shire Ile Il8I prolil d ltJfl penod_ eqJfy 51eIclldelt n tie ~UltJef ofesQJDldo ltkngtg1MperiodInedforleellecls d II dilutive poIenIIIl d laquoJI- shy

115 PROVl$ION FOR TAXATIOti 13) Tax pense for1M)83 ~CUfeot ill ampdefMed isi1cloled Ie fIIt pltolit (lossl fortrleyeor (b)A~ IImadefortheCUTefIllagtbMlOlillIiltlOity(ltJmpU1ed 01 aoordancIe _ RlevariIlagt raIeSand ill A Pfl5lCl IS made fol cleIemclllDl for1rr9 ltttrerenltel rIsing and liCOJUOlg _ alarreotty Ofsubsl8I1Mjyenaded (e) ~ Igt-Is are ognised 0fIi) ~ _ is certainly 1l1111lhey wiI be INiZe6I1ld 1IOewedfollle~mm sheeld8led1letrIlspectivecarryolg_lIl11dlballiltllte

116 FOREIGNCURRENCYTllANSACTlON ~ applicableFltnql orn=nq lrrIsaGtiolls are accounleltl for at f1e elltolrlge rale prevaiing at the blttnsaction dilte Yearand mnetary assets and liahiitiesItIIoreignournrq are Ir3n$Iated allIle appHcaOie year end e chaoge ~andlIle ~ dilIeo elt ICe is eoognrsed $gaOl oo lorhe ytII

2 In tleopihJndlgtt~ Iho maM3llIe_ dlllaS$8l$[ eilherheentire~amp~ ling Ie 1rftVerwus Fbl ~~ tle0fIi) CGU cI ~ or Ile _ I tlNll l1Ier fIan tIo$e Ii respeclMCltlII)iniimlUllalLId1 assets no ~_IIason trgte Balance Sleel ltllte

lal Bank ~ fa 01 W8$l Be1l1 s_ ElltctncgtIy DioIiboIiltM ~ lid m

(h~ Claim agaiosIheComooy 0l0l ~ 3171849

(c)Oarn01 cerw ExCse CIuty InIer ApplrIl kI Trtlur8I no818

4 Asrc IleIeSlllls beenchargedOf1Ioler-Corpoltole~ he_lias flO beeoleswnatednj ~ n shys Partl OOIlfJrnlaliolt in respect 01 outslar1di~ balances JIr SuIlay DetbI Sltnlry Cltedl1DlS Lwns M~bo-on - inlrl OIIII$Idenolio1lh__

6 The Contrtd _ MI$ e- 81goroeemg 1M COo~adtA IISPObIe for Renovatlon wonlt at Fadlr was teminated dlIlI to pocI and sub-llarolard~ 01 wo1lt and maleliaIs At prtSeI1I hmalilt isurderfillg3lion

7 On iilllleial- ~lSioId CllIlridol~ djotlbyWs FreseruKab Pvt ttd (Fresenlus)1Iith eII8cI JrorIl ztSl Augull 2OOl5 fie -1t 01 ~ _ F-_ 1OImOa5e in cowetSion lthave Godown Iml Vat IDS tlfuMnl $aIIp by hit ~and~ of F-- has enuo oed UI~ cliIIe an no 8lUSImIIthas bftnmMI inherftIIIIld aaolIlIS thnfor

8 NJmaRECEVEOGAlNSTSALEOFPlANT ampMACH ~ E RY

At ~ tgty me Cornjgtony sctI--(dIi 000lt1 ~ -- amp FducalIon l id ~ JtImne _ oIRs 315 CtCQ edt ClIt ol Rs 612cnnsdUlWlg2009-10 iOJIinSl- 0111 Fluids 1Tl8I1~

maIonenes for wllCtlappmpriae resoIutioM -e passed tlf the- Companfs sharehllderson171tl ~ 201 0 Thoi Wesaid -m was ustd by he ~ IIMartlI ~~ 01 unseated kHI J-d from -conponieo

9 MIslment relathg to pr1lIioo ~ ear amounting to Rs 2157641middot ~ net 01 ~~ br Bank Gunnlee released by Bs1 ~ 10 R 7740121- party dsll bypro perod Alary Ib 37097shyrlIenlSl a-o dN)ood ~etarges etlt Rs 371 151middot01 N $arne year

10 MICROSWIILU tpoundDlllM ENTERPRIsES The COnpano hasflOl recewed Ifl IT 0 bull as IIqIJinld 10befledWIfIlhilllOllied ltlJlt(nIy UIMler 1le cro SrtalI JtId MecWn EnIefprioes ~M 200li c1a1Tlll19 tler S131S as00 31st March 2010 (and also 31st March 2(ll)9) rrntroSlIaIlard medlrnenlerprises~he_1Slicl payabIf klhlse dUIWIg_ l_~__l iS nl

11 The ~ III yet to fto -V adopI~ Standard 1S EmploY Benefits (lWes 20(5) issIed by ee 1nstilIJIl 01 ChaIltred AccoulItaols 0I1ndia ant deliilIed discIJslns reIaWli to Oefned Btnelil PIons couId FlO be fnidellollcrnonlS andRe9ortshy

12 RElAI ED PARTY DISClOS~RfS

DiscIoluesasreQUredJIaxulIilg Sagtd8Ill18aregoenbelow

LdofRm~~s

SenboEngneeMg Limited se KrojaI SenguptaErrOclln 81gi_oog Pvt lid -- shy8eeni I-IoIoifgs PIlI tid SnC S ChedMY

Dr Sll8IllaI 0lalCI1D0I1ySenboEnm ampPvt Lid SoFTarIp Kumr OVIkraOO1y Or Asilth Kumar Sengupta

-Trrnsactions with Related Parties duting 2009-201 0

Nature o u pses KeyManagementComj)lnics Personnel amp IWlati-u

(- lRs)

Expenses Ditedors Remuneralion Cullllllt ear ~ Nil

~ Nil

Dirnctorn SLtJIlg F Current lar- shy 40000 Previous at 2a COl Inoome

Electricity amp Diesel 71373

54358

Outstanding Balances onJ~ March 21)10

Unsecured teen CIIroIIt Year 1S4m245 Previous rilar 217343388

13 EAR~ I N GPER SHARE

Cumml Yn (Rs) Previous Year (Rs)

Net Profit I (Loss) after current and ~ tax Weghled Average

(33054243) 251 11011 1

Numtgter of Equity Shares 01 Ri 10eadlason 31()3-101 0 10647900 1O647OCXl

EamOngsPer Shale(BasicandDiluted) 14 FigUIeS to thepreltioos year tevebeen re-arranged and fe-9ouped ~ necessary

is Informatioo PlJfSllaI1l loNotllication UIIllerScheduleViofthe~rns Act1956 IAscertifiedbythelllartagement)

CIfIlInt Year

Oy INoofSoltMI 151 Annual Capacty _ PrOOLlClion

15 11 Used Capacrty 1aOOClOOO ~

1512 I rgt$~ Copltgtdty 18000000 ~

1513 TrialPrndLJClS of Irl1tlwenous FlJid _ MacIliroI upgradatlDr1

r p~~~ 157634 1178355

Saio oITrial FroducIs ol-shy 24244 206557

153 I -V FUds BottIos 191 18664

154 -shy IV FOIds Bottlogt 135309 990461

Pn0IS Year

INo_ oHloltles) IRs)

16000000 ~

18000000 ~

17878

~

1919 186amp4

-- --

CUrrtfltYtar shy- - (Moe-) -1 55 -- M5gt I PIWj G M M M M M M532 0_ lt0shy_~

GolI-ampO -- c_C_ -shy

1511 1572 sa-ls-o

-- -- -- -

- U - -- _ar shy_Cshy- - oW bull

~amp2 ---- M

bull bull bull_- -_ M

u uUm-- S bull bull

IS 5 12

0shy - a

1t11Pt a a-M

~

M- M

-

PCIY_- M M

M

1111 M

~~ 11

-

c

l

-

Informationpursuam to PartlYofSchemJItVIof the CompanilsAct 1956

B 1IceSl-fAbaraer_~~8U$-_

REGlSTRATlON DETAILS

~i No CJrI L 22 fTfTi( B I 9J r pT L o amp3Z 7a

llaIIAe Srleel DtIo l 3LlBpIl l amp11 oJ tl CAIIfAL RAISED DLRJ~G THE IEAIl (Arrioln Ra 000)

Pul iIlh I~ ~ Ilo1IIsaoi lonuI1saoe [l~N J t l PO$nOfII OF MllfIl 74TD1 AICl 0euroJlCmlEWT Of FUtClS AIoIIut Ik lDlI ___I bull~ f 5_1 kIII-- bull - -~ si shy

t1L ~ G 2aDi-l - shy- CIl frIJill ill-l412l1lJ ~oIFomds

lei Fuel A- [lj 41T[)l ojsJ ITDillJil Net ClmlIlt Assel5 [-r2T i~ 1_3ill j271T[SS]

N PERFORaLlHCE Of COlIIPAHY (Amwllll RsOOJ)

Tlnll1OII ITI2 -i L i lJIZ3 LL31middot~ r3Jl~~_

tJ3T( 1 57 a-LJ(Itl

GEHEltIC HAIlES OF 1fREf IRIHCIPll PROOUCTS

1 t _-FUds QV FUlls) CodIo No

2

3 NIL

ScheclJM 110 22 in siJed y Ihlllolowlg

~ RAJESH CMTUIlElllamp SSOOTES ~ I

bull 0-- di oIlW

SK_ DollId 2lIII1oIat_21110 -- ~IIIfl9r~ampe-~

CEOiCFO Certification

we 11- odbilljji led CU 8ijIlICbltt epacilieliISownn ampIotirIagrIg Dnaor (CEO) IFd Vice o-w (CfO) d soo~ lgtmed(ltgtoCornfrylOlMboltld ardbeIilIl oerIvtrlol-II) we live ~ ee lIIbltgtoamplinInciaI ~ noad wiIIlhe Cash FkM StaIIInWot d Senbo lnOlgtIneS Litnited

1orr-~3middotmiddotIlIntI2Cl0InlSllleNIl t81dart4 l _bIliIf (I Ibullbull de ngl ~ _ilIII Ibullbull or_ ~ lacI or_

lIOilSN1IblI tng _ ~1 __ 111_ I _-~-n_

~ iTa __

(tI) we _ lilbIsIdar if IId bIloII1lIIIlr1nIdOtlStrlIlllIICI tIle~ dUIrog

~_II1e~~arltAl bullbull ~lhe~eoaedCOtQcl

w lIodaN II illla~ d ed aJ onan 1Id C6 - Ked OQi lheCOdeolCcnltudilS~lPylN~_

(e) we UNr1ClllPC abIil beslilllIslqlnl l ODIlIroIIar 18Mll We heltdl ess d oornt sysIImS 01 CalgtanJ IIlilfnonl8 1ejO-- ~ tl tie 8IOIorI rdtlI AIdI COl_ I1olfio I(ies inle desIJl or oplIlllOi01such Itlma eortroII ~ any olwtJdwe arep3fllard stejlS takenorp-oposed 10 blIlallten b rlifov1g slICh oolioencie$

(d we_ tedanw_1MItlaIian tllha adnnllheALoltCo bull

(I Slfiji~~I onIefTaI~_~~ltUIlglher-

jiI Sy d8lJlI f ~-dellaWlg n lNllhe _ ~ lilNIrwlQiIl _

1 _Q$gl_f3UIl ~_=1- I Y gl bullbullbulleor ~I KlIenlhe~-~~-

M$Oillilllshy

c S Choudhuryvo-shy

~Iaqtion

~~tlIIulewr~Eta pnooad -09 (l l1ll(iildl-O_ 1le sma EAlw Ile eacle wbullbull SorirIr 1Mie Fwi lIIIIIlIoM oed eooue Code aJCcrWcl b III yelI endId 31$llllaodl

ForSoriIo hUres ~

shya- 1 bull V Dncb

28

-

-- - --

--

CA91FLOW $TJ1UlENT FOR THE YfJ~ BiDEDtiP IIAACM Z010 -- _shy1IIntltl 2f1

A calli FilM Inn e- gAdMliII5 - shyPdrllDaJrIaolt lD ~ l32ampl t 459 (251303971 ~bDocgt_ l$OnlIamp 134lZft9 ~PdlllJ bIbw IIoIIltlg ~CwlgII 16769 3S$) (1l JOl7I) (ro-~Wilrblil~ (Ottgtr tlan Cash-l CasI1 E~l 3amp521 301 (5510185) Cxh IO ~ fIvn 0parBli0ngt 221511006 116618564j Drreel T_PIId

l CnII FilM Opamng AlttiVitift 2215$il06 lU185641

II CUll Flow from Irwu~ng Acbrilies (248467) ~dr-lI8d~

nbiIg Fonogn etrq VinWI (29701199) ~farCl(lUl F~_

~ Net Call uMd ~ bullbull ~lI Adma

c e-Aoootr-f_ ~_ -edShn CCxlaI

PIgt --blsI tolt ugsReceJi_ d uo-nd u Oftrlb Slaw PrtIdoIl 01 pel ~

NatcII -cI in FNIICiol9 AcIvilieI l2107U43J NehlCi (cIao I lineal_ ~ ecuivaltnls1 8+lt1 (560~)

Oparong B-c orCallIand Cash EquiQIente 907371 eea CI~g BilInel of Cllh and Clsh Equivalanb W 907311

For ftOll_ dlho amp11

CS ClMufhury kIP ~ ob ow- cr amp~lrnIaIY

SIl II I I at Gewaf ~ amp~SfcreWy

bull AUDITORS CERT1ACATE

fila- roe _ QIIfl b e d sa8) MlUSTllIS LUTEDfarhe IlClt ended 31 wm 2010The 81_ beerl__ llr fl CcnopInJ awulIe row =eliIca 32li1il1lillAQl _ SIocIo ~_ _ _ __toBIIliIlaSIIIIMoI cnce CIIIfU-lrW1lIPJflb tliOld~

For gtASH CHATlfltD bull bull ssaxaTES ~laquogtIl ws

DeIeol- 28tl ~ 2010 PrtllU Ho~

29

~---------------~

BOOK POST

Senbo Industries Limited

Registered Office 87 l6fW1 Sarari KoIoaa 700013

Phone a33)2217 891516 Fax 033 2265 9485

Email senboindgmailcom Wilbsile wwwsenboindustriescom

Works KarbBla Sonarpur Station Road

KoIkata 700 103 Phone 033 2434 7339

Fax 033 2434 7341

Page 4: Sixteenth Annual Report 2009-10 - Bombay Stock ExchangeU8il. C8ncer R!sean::I'l lklil5 1il:l!l>tl1l 1lC. In8lldIlIor. lhe I!oItd_

emEf PROFU OF n eDIRfCTORS SfElONG RE-APPOINTMENT AT THE ANNUAlGENERAl MEETING

requndlllderIJItIlgAgo_(IIe~clDredorsflnlPOSltDtlere-appoalledgwenoelaw

1 sm CSDadvy 75llIvaarallII BcmI SIIIOlcuIvyi$agrao1l8le Ilrle~~~ _1Ild bull 1IIo FtIbo d ~ d Ctc amp Wo1ltsAaarQrG ncliI Hehas ~ d ~51I c~_damp9_i~ 5-1 T Trrberll$weI_1ioIIand ~HeIlIovaOwlNllalSllrblEl9_ioog~_

2 Or ~ 01 IgICl 53-sis tellS rod a fIlIdd Caociclgisl He tB h9l eiipelOlu rneciaI l utllOf_rn-n~oIAodlCuf1 11Rl1lsomerrtlerd ~Coo= IlUhnothaldngl)jiCb cIltlIhIr~

a~ shy5 KIII f 11~

01 2llfI~ 21110 It-- ~ ~ampC Sshy

2

DIRECTORS REPORT Tho_~ YOII OirecOfS present Ihet5gtltteenll1 AIIlUaI repor1 00ee bus-ess andopmlioos oIlhe~ togellerd lhlI FnarolII reWt1lor lhlI ended 3sIUan1I201 0

FlNotXCIAl IlESULTS

~ ProfIt (loss) belorc f nance Chargcs ~amp IIems 101 aIaIlId b cpei ( 1 65 middot~1 112032)

Firlarlce~ (0t51 (158 )

(1607Z) 1138221-Wnte 011 (6 ~Z) (OOr)

Netaprl PllIIlL=) 13m (26019)

Other NO 0perlJlirlg lgtcome ~

Net PltI6I(LossI (330 541 (25111)

Al1fuImenl rtlabrlg 0 ~ yea 283 (090)

Aafrd3l81 (Loss) btaJghI otwyenll 123S1ampt) 121 3183)

23831gt4Loss olIlied forward 0 Balance secthecl --_ -- ---

tn view of hoge3aJmulaled OSS yQIJI oseeees do not ~ paymentol OMlendb lhlIlyenand lor5mIar reascn no poMsonlorIrccne Ta illS teen mode

OPERATING PERFORMANCE CIurorQ the lWgtlniaI lyen _ raIincing ~ concernil1 ~ ltoduclion ~ made ~

prodution 00Trial Run basis as sta~ ed Out 01 1570J(froducIMateliaIsOi) 2~7laquo -- be odd

mn-l aI muIgt _ IIIeprockJdioo COSl This demortsltaled thatNrIUlaclumg of IVFklids 00COIllIllefCiaI bislS I3S

00 lorq(f VJable ilOO was leadiogtil ll incfea9 1osses

RENOVAOOMOfIilACHINES The ony prodocirg machine -8otteI Pact 360 inporled from RorrJTlSlag ~ German 1996 his beer MeIaI F~ and SlOlZ lrec)lendyo03l lllililil heav) ~ Spares are notreIldily avldatieWld ~ takes45 1060 r1ays timlI10 geldeliIefflj Jrom fWeculIly 0I~ Melt renovatIOn of the mactWIe he ~ 1OCllt SlIIPS of tilher 0l0l1 ~ l)I Wjj~ b8sIS or ~~ Since ~ and seIlIlg was nnrhm _ _ ~~lI til to OIotgt1 reIlIlDMlIop1h some esEd partIeS Iilte Fresenils Baxler E Bltawn _0Ihen l)I Wwld~11

~ laded cecase 01 lOIWIIoltcl1irltj 01 pnce llgt]e1llel OTth irm WTlmitnents lUfIl b mIfOnJITI lIlyof prorladJon Hence ~ _ 00 0Iher~ bullllake a decision 10 seIthe ntra1IeI1OlS Ftid ~

~ SALE Of ASSETS The Canpa1y beori 8 loss tIIabng unrI reecs reslrIcIlIIng of Its busrness TheCompany~ ~ IIugo amountaf -ecuea lOin II 000lltS

3

bull -----------~~~-==~

SIlcetheBoW is ~ _ ines clWsiless t al ilImeetilgheldan 151ha-y 2010 dIOOect Uljel1O jCU apptMII10501111Iese ranster orlllheroisoedispose of the I V FkIid IIIalIJfadYfing rracl1inelties andother _ or the Company elttIer whcleor part ill til Silid meeting 1Ile Board decided 1D- pi consenlllWJVlll lIIltlIlt SCdclltI 293(1~ a111gte Coo i kt I166by _ dSpoocial IdJIicII ~ he Ilcordri DrecIDrs of he ~ b _ lease IraOSIef or cItllIi 1is8 disllCSe cIhe or sullslaMally the whol8 or pertof lI8 CompanISassets mere spedfica~ siIuated e lh1 ~nyl acklry et~ Sanarou SIaOan fbad Koikal3-700 1OJlvwodoh ltXlrlSIt1~ dhe SIlaidddei$ has__ Itrougll poslalbIllcI underS8cbcIl 293( 1~8)

__~ 19VrStleCW kt 19gt6aId ttgtC_ -- ( ~oing o ttl R~ b-1QslaI8iIIcl) Rules 2001 CcnseqiIent tll lhe CXWlsenll ~~ld rem lhe sh8retgtIIclers ltr 17thrlnh 2010ee Ibanj fIIIIiakgtj SiledlVFlud maruIlIdlmg~ Th8 tmd~havl ~Illlergt - usecllD pill cI partll itsomeandkm

FlffiJREPLANS

In _dd8cislcndbnnging Iroes ofbullness 8 runbero allemati16 are lJIIller~ ~indoItIes ttjng

~ hospiQIb Medical Call Unit IleaI1h proj8clS E~ Cft U8il C8ncer RseanIl lklil5 1illlgttl1l 1lC In8lldIlIor lhe IoItd_ also iJIolt_1o oppIyfor- ltnIlfogI lbjocI0 o1M Uemnndum ofAssociatJoo Ilrany olh8rltablevenblIe and~ ne=sary a~ oIlI8rdeosicn 10 Iieve the~ny from iI$huge iabi~es bull IrILNAGEIIENTOISCUSSlON ANJAHALYSIS

I INOOSTRVSTRrJCTUHpoundAftODEVELOPtIEIfTS Oncelhe lnlj8cfis ideo iCfiedt be possoIIle 10 dlscussbolhSlnCnand de I I ~ orthePcjacI

2 OPPORT1JNmESAHOTHREATS

T1lele arenllO)~ for Pi 10_ PIds tlanagoomenl is rneIoirrJ 8 ~ sLltI) on 5ldI - prqets SeIecbon gf a Irqefl is Ihoays $ItIjed lD lillting risk A Projecl RepoIl exp(lSe some ~ am lhrlIlIIs Sim~ ~ y impiementatiDll ofIheProject largely cle(lends01 a numbeI ItiXIi iIiiQeioies

1 SEGJlENT-MSfPROOUCl-IMSEPf1lF()RjIAN(f VrM ~ is S8iIIf1Ii a suitable prJjecIkeeping rrondof Itgtpast e+lnc8 lterelue ~mdeo wdorwiseperfonranoedoes not eths

oonOOK The prospects ofIhe CCrnpatry liIyeiy Qepefgtjlo -01 _ poejIot ~

WibiIily1btolMft SMIlS lObe brV4 gtieIoofpntlabe581 Iii d I j)iltJd8tlle orciedshy5 RlSKSI CONCERNS

Tho -01-Company ~ 10l a flIir nl8IllrI d PokC1har aspects or concem ~ pyen CGmpIIry RluIe I jcwd an apptCpf1aI8 projea flning ofttll laid projectrld seiecllon ofalrwgtlDl flIIIlIlI loreocnco cltheprojed

I IIoTFRNAL CCNTROSISTpoundIIS I 1HEIR ADEQUACY Manlenance fi prcper and lllleQuate 5jS1en1 (ll rmmaI cootroI _ hlII all _ ~

proIIlded against lcsIlrom ~ use and lIlalllll ~ in aohnlecl and ded and fIll At oXlen pltogram n ltma1 and ccnIluousAulilreYieW suppIemens tt trtemal cmtngt sysBm 8$ paI pa-08latll8 ~oixJmanleIl pdkiesarid~

7 FWANCSALPERFORIIIANCEWITH ReSPECTTOOPERA71ONAlPBlFORMANCE

Thlllrulme m sale d lriaI pngtdId5 aid ral8 at scrapll9d 10Rs37511cs lUnl tle yearend8d3151 dl2lll0 The Companywtfullda nelopeltatng loIBofRs3 3227 LIes ag-lIt Rs 26019lacs01pr-w YEW

I HUMANRESOURCEampNDUSTRlALRSA7IONS l presanIyoorCompanyte 92 eiklroe on tole ~ Inizet 1118 ~rw and (J)IlrtUJon 01111 e nd IU 0tBl1D - IlKWlIlinarollD ~he quelily01tvnJ SlnlIrd ReIns dln1g tie fRI

shy

~ltlo managenwJlandrlelt-ecardiai YllUCompany 00I1ImIlIlld IIIemIft lIlll heallllandlllllty III Yemployee at its lltodory bypmWtng 24 Ilcurn ~ medical chedlt-ltIP by docb Your CorrIany is aIao ilted to pnJlllOlilg iIlTlOlI9SI its em~ ~ _ ()f~ IXIIiiJcting 01 tanng ~~ i1 onllIr III lCtll5lQm n ~ lie quality 01 its ~wei_ill MSIQ ~andrQIlcaIe i1hemtie need fore1IiC8JlUSl d -as utilibes R ather felOUIllIlS IllIl3Xllllll pmduiMty Your Company provides iee ~ acilities for a yees It $cJnarplt6 TheIjlIc__lIaIo1g accooded liitfll SJPllOIllltheenlfur~1lNivaIrJII- Company ~ ir1 __ rJ ~ rJ pressrc prlXilclion aclNiIiI5 YV ~~ may 00tlSidst reducing IS1lalI sRngIh till0fJll)le0 ie 1aIiG ()f ltleW projod ~lhe Miioeo~ islIIpmenl Ieeli1g a_of r85llesstleSSarnongst E eM

DIRECTORS RESPONSIBILITY STATEMENT a Your~ ~folIcwed Accounting StnarltIsn lllllplteparabon rJ-nlaIAogtmt5 b Yoor 0R0lDrs IWd ~ $IIifl1ltaltlltlng Idcies asrroliOi ldd 11the ~ III flttlulls and sWiied hem

WlSislefllty iIildmade~lS n Ihal are realllllllillen prudeoI saaslD grwe Strueand m_ d stale of s~ olllle Com pan~ SIIIIe m rJ31sl Marth 2010 n 01 ee loss d theCoqIany or Iheyear erdirlg31S1Mardl2010

c Ywr ~ hsve Illlt prtlpll n suffICient en bI fie msntllliJnCll rJ sdecp-lICCltlUIlIoIg1llllnls i1 ~ Iheprovisiorn ollie ~ Act 195ampor ~ lle_ d IheCoo1pany and Jar prllV9I1tingancldelSdl frnud and_~

d Your~~peped Ille AMual AcwJnts on s gci1g OOllOllll I)asls _

FIXElllleurolOSlT Dunnglle jM _ jOUlCompany Pla5rdaccepled -ydeposillrom Public

PARTICULARS OFEMPlOYfES SecUl217(2A) at theCollllIloesAct 1956wlIS rd slice tllenI_ no~yeedrawi1qsalaydlmghe yeari1pClS$ dthe SPedfied smon CONSERVATK OF ENERGY TECHNOlOGY ABSORPTlC FOREIGN EXCHANGE EARN INGS amp EXPENDITURE

A CONSERIIATION OFBfERGY 1 -and Feornplion C_Y- iouI-v

Eiodldji WBSEOCL

lt~ 1gtlt875 143593 1757578 Rs Kooh 1224

10671 243670 1n581 bull -- - 2213 Rs 1l Consumption per Untt 01 P-- crrt Yu PrwiouI Yoo

~I-~_ltgt 0shyI - =1

The energy ~ hasalways beefl bull plioily ares forheCompany roo dreclloS are ymuch consaous ()fhe need1crcmservalion0energy lIS onP9 pIIXllSS n 1cr thstpupOSll connaooseIforts n beII msdefor OpllTUll -shy

bull 5

B rrcHNOtOOYABSORI7IOH The Corrgtany iswaiting forlll project 10romeil The~ IIereb IIldeltIake5 trat theedvlolog) 0Ie fIOCl boU-bed ciJrinll ard I Ii aIIer theieJIei Itl ohe pmfICl

C FOREIGN EXCHANGEEARNINGAIDEXPENfHTURE (Amount in IeI

Current Y Previous Year ~

1121m

bull ~

~ AUlnORSMIOAUDlTREPQRT

Mews RaeSh 00aurvedI ampIssocgtatos ChaneredAcoounlantsIe theslatutwy audilorsol theCompyenly whofat bull

lhe lJflllolmng MrlUal Ger ling ond being cOgi)Ie ~1Ilad J iItid bYlle ~Illhigt

Iunlal GeneraI Tha ollservilOOrs cllhe aUlt1lors on Itgteir repolt1 on tie ~s aoount U 2(lQ9l II QOI QJDn ha- been AienlIydislthlaquoI intileNoles MAolttulIIlIftll bm ~orhi AcaulIs iIICl neednolurtheo~

AUDITORS-CERTIFICATE ONCORPOllATE GOVERNANCE

A Qlrtioca frtrn he iI)r ollie Cor(Jany IfI9IIog ~ wilh rae Code d Corpornle Govemance as ipo j -aa-49~IhRLi$tIllgAgr_rt isilllOampedtohis Report

DIRECTORS

SIi C5 ChoudhJry andDr SMillai Chatrnborty DirecIorn relire at thelorthcDmiolg MruaI General ~ and beilg ll9beolItor ~1ot middotltgtwltgtbiC

ACI(NOWlEOGEMENT

YOlIllOlcIDrs Jlace on rlKllfll heIf IIIrJliite IIanllts and dell eaaIoo 10Il1e vanous GoYerrwrent Oeparvrerm 8argtks SIlillenolOer1yenKl~ulhe~foflhelrltgtgtlt1inuppoo1lo ttuo~ ny

For andln behlIlf0fie Board

REPORT ON CORPORATE GOVERNANCE

COIIIPANrS PHILOSOPItYON CORPORATE GOVERNANCE

seee Industres lirroIed IS oommrttIlC I) meoqea dhe ~ ng ~ Inhe WIfCISe of ~ andpUllltlagl red~ L Tha Corqlany is bfIer ccwrrilIIId 10 eflSIlre ccwr1JlIeIKe with the GJde 0 Corxlmte Gaemaoce10eohiloce and proled the iolterestofam f1e sha~5

BOARDOF DRECTQftS

Tt~ compositon 01 the Baard 01 Oiroclors s reglalilltl bot lhe Camlgtanies AD1956 iIICllhe CoJ-rparlys ArIdes 01 Asociam 1M IloBrd oIDlfeclOfs rJ1le ~ _he ShIegic goasbased ontgte ~ oftheCompany __1gt policies ItId0-- t3bntIollllclSe ~ tofaobt ~ lielakingd 5lIillllIIe adiln for atlaOlllelll ofitsgoals

6

AIpresent the composrtioo oItha Board of Directors coosislsofEx 16) DirocIoo SriKajaSengupta the main IIffiIllOter and ItJe Chair ampManaging (ljree1orheadsthe Board SriKajar Sengupla isBSe (Hens)graduate and has 31 years ofvaluable eltpererlCe inhi-1ecI1 OJl1strucliorl and PhalmalteutlCals Ifldugttry No ~ ourrtlypaid tohim The Vice Cman 01 theSoard isSriCSChoudhury SnChoodhury isa ~aduate lIT theCormIeltce Sream lId islro Fellow mcmbet of the lnslrtute 01 Cost 3Worllts ACltXgtlmtanls of India lie has expooence 01 near1y 1M 15) decades vaoou Comp1ns 01 Enggtneenng Cltgtnsuudlon Steel Tea Tm1ber Hotel andPharrnacevlicals Heis due10 rNre by mtalion altld be1ng oIigible oers hi mseIf fltlr rtl-ilPXJinlmerll ill llgte forthoorrmgAAnuai GeIlerID Meeling Sri i(jl19shUk Sengupta is a B~or of Commerce and lias over 16 years e~ in higtgt-t-eeh COItStruCIioo pharmaceuticals andgtoIe industries

Dr Sha ibal Chakraborty MBSS is a repotedcardViogist and hascxperieoce inmedical professm for (NIf wgt (2) decades He is due to retireby rotation and being eIQibIe offers himselllolt ~tmern in theforthcoming Annu1 General Mooting

Sri Pradip KUlllOf ChMvorty e representative ofsmallshareholders ofttleCompanyhasnea~ foor (4)decades01 ~eperience

Dr As hKumar SenguptaMBSSDGO(car)5a reputodmedicalproctiliooer havm9exjJerience eM 2G years AJ DireclOO Other ltlan SoKajltli SenguptaCl1altrman 8 Maraging Director Sri CSChoudll) 1lfJa Chairman and Sri IGngshuk Sengupta alte independelTl DirectorsThe represerrtatioo 011 tle Boord 01 DirocIoo 01 cxecutiw viH-vis ncoshyexewlive Din)(t(l(s is 33 The Company ho rool entered toanymalenel SlQrnflcantrellSadionwithnon-ampXCUlM DOedorsof theCompal

BOARD MEETING

During the yeelt under review fiw lloerdmeetiroJs were held 011 3rd Apnl 15th May29th June 27th July 14th August 30thOdober2009 and 15thJarwry201 O

The lasl Annual General Metm9 01 tile Compo) was hold on23nJ September 2009 The cornposjlion oftheBoard of [)recIon and thr attendance athe Board M ~ng s dum thoyear and athe Annual GeneralMaeu and IIe number 01otherDirectorshipand Boord Commmee MembershipICllairmanslip areasoIIows

UImber ofother Dirodolslip 3Allendance

Comm~ tiershiraquo CbalrrnanslHpName ofOiredors om ~ shy- tlIgt tOp -- --shy-Shri Kajal Sengupta - - lt

Eecutive Director r - r S1lri CS CcYojhury Egteattiw Oiredor Dr- SlIeftWCIiakra~ Independenl

Nm-Egteculive [)rector r 8M KiI1gshuIlt Seogupta -

Non-Execulile Oiroctor r 3 Dr As1sh Kr 5el19upta Independent

Non-Executl~ DIrector r- Shn Pradip Kumar ClIakralCly NcltHXflCltIroe DIreclor r y~

AUDIT COMMIITEE

The Audit Committ rompnse5 at two (21Noll-E-ltecutive0iltecI0rs and one Execuwe Director The nonlXecutl~ Directors being Dr Slaiba Challtralgtor)i Chairman ofAud~ Committee Or Asts1 Kumar Sengupta Ilttrile Shri Kajal Sengltlpta Choirmen 3Managing Di-ecIor is thesoleexewti [)jrectof Dumg theyearunderreview fi Audit Committee meetings were held thedates at those meetings being 3rd ~l 15th May 29thJlflamp 27thJul)

30Ih Ocklber 2009 and l5tl JinJary 2010 TheW ofhe Comn1llee and tileattenlance at the rneelIngs of Comrrotlee ee ~ below

Or SIiIitgtIII Chogtkretgtoltt

SoKajlII SengupIa

Dr AsnISh KltnlrSIr9JPIa

Moaf~_

bull e e

ThelemlSofefeoleandtile~of~ce o1 lheArditCltnmllee incIude shyI Erampmg 00flIllkarre and~eIlitieocl oflllefnll w-nI system as weias ilIemaIlkOl

b RellieWing of ~s fInancaaI perlormamil 81 ~ intervals os til as ~ng of Ihe ~$ RnanoalN(OtIy lIlCISS ond COItUfIV FnaICiaIStatements beIor8 SltltrIIssIon 10 tIlelloatd

C ~soopeandadeQuacyofalltlfu1dions bodlintemalno statrOIY d ~ 01cnbcaI fll1dlngs particUar~le toelebof= t eoorgtOmlZllllon n~ iltJIprtrmg ~and po otllabiily asweiasrelated followJPadJons 1hefeoI

~oIAaxgt111ingSandardsandDildoslnnormsprescnbedunOOrlhe~Acl1956

f Disdosng ofIinni8l ilIooTIaion wl ertSUing its correctness 1UIiaency 0e0i0ltit and rIs oroQ llih SlDdlt ExdIange Regulalbns Eli IoOl as0IherIeg3I requirements

g ReoJoeoding appoilbel l reflQVlI ofexternal~~ olaudrt feesandapprovaj b paymentbOlher seovices rendered byille extemaI auoiIors

h Reviewing fndrgtg ofNlilobsertallOfltS and(Jibcal w ke susperoled rul ororregularity orlamofilIemaI rootroIsystemsand~ sllCh matterslOtlelloard

Re~ of mallers ~atrng to dIarges n ICCCrUlUng polices fIlIlOlt IltXOltlt1bng entries based on eunlsc of judyel ell ransactiortsn dI0irecIcn8Ill dlrlaquoli IlIdrredlyriaesee

~ RevieooWg ofheFnaICiaI andRisgt Management Policies oftie Company

k Revrewing from _ klliIle the Comparly$ SlaIUkIIy and W1tradua1 gt as well as fOOSO1S fur ~

~tany

REMUNERAnotI COMMITIEE

RemJneltaIlon Cornmotlee ~ 01 two -exerullle llitIdDS viz Of ASISh Klmar 5ef9JpIa Dr ShailaI ChaOtaborty and ooeeJecaCiW ()recu viz Shri CS ctwtuyVee Chailmall was blIed by the Board atIts meeD] heldon31slOclobelt 2006 TheCommi lleeis~by OfASISh Kumao ~ TheCorrmitteehBse--ad I01h row kllleIerlrine Ihe terms 01 awonment and rtmuooralion of ExecuM DilOCbs policy on renue-aboo packageoIheExecutMl Difeclorsand 0 inSIttiog leesas pad klllrtecbs lorallending meetiI gtgs oIlhe 80arC or Cormittees theIeof During tle1narOIIl)ampyenooeme~ washeldon 1$111 Ja ry 2010

The arnposrtion oftile CorrvnitIee andIhe allendargtte ofhe II lP ofheCormIittee-areflivel beIcM- _-Dr ASISh Ktrnar Sergupra

Dr~ Chaklltllgtorty

Sri CSChoudIury

-shyChairman

8

SHoREHOLOEfICOmiddot TEE

S1 dlIIos Coull WIUI fA Ine ilClelodoo~ llntrs yenIl- OrAslsh K-rw ~ Or ~ OI8kI tyllld Shies Claduy Va on _lomgted byheBoIItl aI ilsrneettlg ~on 311l~20lllI The c tie -lid Dr - Kumor~ The Iem$fA to fA s wO 01 v- ~ fA

fA IIe Ca__ 111 td we ~ ilt Illd 111

pe1bfAlII ~1lldsrT nclIlloIW ilS __ -clIdIll~ lI~

No fA S1dldlIIos ~lOlir ~

Nod ~ II Nil

GENERAl BODY lIlEETItG

Thelal~ lIIIWlgfA~_PIIIldItSditacl_

1HIlAW

umiddot Sttwillii 2lDI

23 s Jillii 2Xl9

SpKIlIIIR bull ~a I~~ 9S

One(ljSpecgtlll R bull _---e--clnlglhellinler~

No spolOIII-on bull P-IOr ~ fIIIu1l PliI biIlloI b ben

PtollliI e-t1lld W COl Imiddot ry -ar pill Go is II Setu1192AfA Ill Ca_ =L 1li56-c1 Cou_IPiIIiIIIg 0I1lli Igt ton lII PllaIiI bIIkil) ~ 2001 an eBCII WIlt 90anl fA Ondori appQi _ tlr~ -dI PtollliI biIlloI

ceccc bull Duolrlg h _ ng _ II __ ~ Oitean llIl1e

Moo~_o1lhIir bullbullmiddot OfIlllilioo5IralIllglll_~~wl-fAlhiConlpatlyat b Tlwn_ng lllilInceoi non-w lCefA iI)- ~lllIlliC3pltllclnlgIIIIlrne~ald

ee pili bull 0I1hllQs _ ~ on ~ by SIPIr ~ Ill SE8lIlI oe iIalIb) ~ on _1lIIiI8d 111 capIlaI __ clnlg r1asl (31 _Illd euepl uplIiGo n ~oI~s ShIres byS1Ddlt EgtchltIIJ 01 b ~ ~iCEiald ~hnebeen lI n _ tal CCIrr1parly II hopefUfA idla 01 sbove suspetlSIllII at eat dIIe

c n lull Ca_ lIlIolos eqlIo18lS 111 ~ obOul bel acul or suspelgtdeltl hull 01

fIeeanpry-lhDuloI PU

9

I

IIEAIIS Of ~l1OIII

cu _SDt~~~ l~_-ly~reds_

been ~ _ a - toO _ 01 ~lt)w hall ollie ~ ll AampdIelI ~hriI~rdJliShIdhlllI(3)mcnh rJecIo6eoltgteilnaroll)U ~-AIaenomalyputlllshld cnr ~ EnjlIII rei_ 6ongiI6 New i Vlz F ~ I B _ SlIrdiIrII (Englmllrld KaIInIir i PraIicIol I ~ I 0IherSUIIIblI ~ The ~ iss- IIIW5 ~ on 9 ~ COPOsle ~aoo aetiLties Scd1 forrmtion ~acl also beendislUycd from lime ll lime In theColrQao(s Wabllt fWNW~com but such~lioollasbeen madelolsJtulklnal inveslDrsorlolhelnliysts

RlSl MAHAGpoundIlENT

Tha Board oIlllretlors II Is meeti1l hekI 0Il 2nd lUi 200111as loIid- IIlII Rs MiowgGi(yni~

~bpti~IbIlhBoW~IIensllt ertnlbullbull iallllfOC1ns ~riIli bullbullaE_ ~pliC1t Ths~ bull ogli5llt~-nd lIuIrlls d carco-nj middot7 yog

~o- hebogoo _Ile~-b 80 bsl

Tl-onUltIlSb0 0iIfJI~ d-ndp 1-1i _ shy~ Roopcotioog ltiIl

TloeeIilCtllll_ -at-ly~anlllO

oDE Of CONllJCT

nw OooollotIal ~PlIlIdon2lld_2W1 ~CodildCoQclbtoe d~ _ tie lltll 01 Dnlttto-4or E oeo oeo s01SeniorllaoCoftgtlI~ -= _ WI oIoIos

1 To 1d1he 1--d and iOlcirrobOgMms 10 tgtlI~IdIlclneSt)o ~ aIalIy and ~QlI(kJllIllnlsetoes tl 1 lXIUItIlW1 and~ ITllFfIT IIld noI1IM fnptper Idvantltge oflhl~0I1he Dncba 5IlfIIlr~

2 To~wiIh p4ic __noIeoond-middot

3 To Id gcoIlIilh ~ u cn 00~~ and ltifYo wrthtot IiIcJwoJlg lteir deldoi~ jlOjlobullbulltll)lllblldio

C 101d IoerNncealdh~oflhe~

5 To ~ -sr hi - Goglny lIIIIIn _011_III I o-eIat he adl cu iorlle _~ wtcIlleltiQlOid lliJealo -or~hrilSUlI_

5 To lllId III cu- oflb I1ll lelllln of~ toe cone d 5_O-Sw=Ilae-DIIlde--telldloonbIOOpMrS ~_alIIlatIzedor~lOdo1doIJIlldlob --ilrn-og1lle~~-b-__

a AooOO 1SIjjIny1bilt~I-clCIP8JIYOoodros b~gIrIltin_fIIl

LitUIllllillIIbhlCJmpilnys

7

--

9 Nglo_wilIOl 8ClP8dauwd_ DnanIor_IftOIIII_grb~d ~iI wnidIr-ohctar-dncl1lllrlllt

I ItIiP ~ar~~d-1-dIllldwN bullbull txIushyAONbWho-w_ wu_tIlcUd _lldIca__ a-d ed__Ile_ttl_gr $ dariliMl d~arbullbullbullbull 1 pgIicf nlIll1-W-llr IllBowll_ tnne-cl _lgradllCbl o-sw hey-IUd__CD1Ir_oode 1gt10-- u Ccde_Seniarpaw I

GEHERAlSHAREHOlDERIOFORIIATlON A-r~ ~ OngrlRn _Soii _2011 ald 1

C ~ S bIlts ~~SliIonRcamp1 KtMI- 1llIll03

The Carnpaytskm l SAp1l lo31S Ylrdl ~far lrllloMlJIifWSb2111(ll Illd dod ~1ar4tl~erdtlg311lldaJdl2011llIwlildeoedasPlrClluu~1 dLiIlnIlAyw=t _ SUiExctooiglS 0alBooot lIltIsIn ThI dMIs d book drI5uI1I llOll4d be tolIXI d (1) dIys Nt- ltII nell ArnoI ~~

DMOond P- DItt In- dille contnoous loss flcurIed bythe CotrcIony no ~ Ilai been ecollwendd for theyMt 2Q(l9-10 ~ onSlodl ExchMgt~

SIQs d Company nlisllld wdh h Skidlt EcIIyenoges d KoIIIIIIlld MumbIo

Stoclo Codo

) Sbt CaIo d SIot Egtdlengebull tVtlIi

bj S1oc1 CadId SIot ~ Kobto C) oma I$IN

rI hStloj COSlIar Equitybres d ~ 1llpoundl12C(l11l18-- _fIl-golnlg _ O illlxraquo z zrd-tll

q bull w ShM TAgiMt _ _LId D511 llIgn 7lBRll8 Roio1 ~-700001

sw T S-TIIz srehAIIIt-__-~bnl_ poo _Oil ~1 Illd _ lDIl d 15ltiIys b doled IlIOIlIIl ~ bon__bull II fIIIl2stI bull _dSEBl IlJdlIIS CO J lzcIIJd9-T~ l--1lI_ 1IiZIIlnrWbull apICXIlIIIr_tl owh $ dlampijsd lOd 9__01_ ~opISbdemIl~ iD tl

llimil ill DtoixgtsIb Pa (llP) opIiol 01 ~ ThI Dol Pa jjlii z~tliMlIOlIlIair _tlCciroIPWl liang_oil -lopleXl OnleCllPldllW_ ~ dIbullbullwtleilalilwe In_eedDesrDlgdoiIIle IX~despItjes__

--

--

Diol oI Sb Smiddotmiddot~raquol

bull 01 ToaoI SlIiiel C ~ltI 5110 lOll

a 101le 500 501 101000

UlOllO sooo 5001 10 10010 100011020000

a 200011050000

bull llUl01 101 OJ000

bull5

~ 00 00 1IIl r

ss 0 6211

a 00 n oro

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bull Q

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91 an

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~

~

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1101 SIIoIII S 1gt- of 1M~

_shyshyr-Pluo ~_shy-

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61~100

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315S2 3394849

210299

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az

bullbull t s o

100bull One bull jz 01~

ThI_~III~_OOOOP_ (1__29lgt~2O(I-t do ~1ICi9_e NStlOllI51l 2001 n aJSl illI -ltIIrIay 2m1 Tl3sl WitId 201O1le~ll driAzlo~b4 3801Ifot ltlCl8fool

-OUTSTampNDlNG GDR I ADR WARRANTS OR ANY CONVERnlllE INSTRUMENTS CONVERSlOtl DATE-ND lICELY IlPACTON EOlKTY

n~ -1lllI_ 1 GORIADR IWi15 1~ nswmentsanl hence lhn IS eo ~on re E~~aIhI~UIrgtltD oIIbcMOlStlmItlI$

- COCA SertIOhlushstmled KyenbIIL SovlUSIilIol Fad PO ~~ 100 103

ADDRESS FOR COAAESPOMOEMCE Forllnleo del 01 crollorqry -olllhn nlniIIIInrlll8lad laIied 5enbo~lhiItd 87UnIl s-~ 700 013 fue 03322178915 896 F 033m5911l5 22178917 E-IIl bw Jlu LillDIlIII - _~

AUDITORS REPORT ON CORPORATE GOVERNANCE TcltSha- It CIISenbo uIId 1 Wer-_ C UGh af ~aelfsnInlUroe$~b

Inlng 31S1wtf12010 flaeltf9a1hblnagodh~sxt Eoct 2 The_u dw rJw 1lMl 15 hesogtsblll dh_yenel CJI6 I

_Iiro-I tl~1II u ~b)h~bIIISlJII cubullbulla COidoo air COrpnII - M aid_ a E4I d on hOII 5t_d~

3 QIopIUI roIllI flit tc aI Ioo I kl10e V- tl _ adIIyh ~_wl4W w ~G z In__ 1IIl4Jbull We 1Ia __ grbullbullbullca REgiA amp Ston i C s shy_ d hi --a_CBIlIocl_ason 31S11oi1rttl21110 lO r-greaald9 1lJIOIIl_~bl~~tneoncnll

5 We adI ultr5IlIrIJIDIastlUewdfyd~ngr or bull I ~_amplel~tle~attgte~

For RAJESH CHATURVEOt ampASSOCIATES 0- __ bullbull

Itbull Po

~~~op No52a

AUDITORS REPORT

TO THE -WlFRS Of SENllONXJSTRESlMTpoundO

WI _uMild 80 SrIeeI d Serbllrlllustles InIIlM1Il3111 rlIrdI2l)10 r PrIllll l loI5Aalull lorlit liM IlIlIlil c--edarcI Cash Foo 51 161 lorh petllXI endIol on IltI dIltTt-ir8alI lolSnllel_d~118JI0u~ ~eonss Ol)irIoingn-kvOiI lolS-IonOlladl we _ ~OIIaltIIlIU AucInlSlirdanllge bull Ej hiiL n-StIi(laods Won ihel we plala petbm Ile kI ~~_illouI hlCiaI Ieare free d eA1IadolnUles_ bullbulliG-ona_tlaSII~Q~Ie_itld~

1hI1iN1rrili111 olSMallClUlecncUlls gOeaexDrCHhiCl(lllSllSIditldliUbullbullbulleoa I made by lIliiI8l8ieI III~ r0YIIlIli lrinIII $ e=-we belevelltlWlaDIptllOOde$l -onable lIISi5lorWI opirIion Wereportlhal 1 All ~ by he ~ I Report) QrIler 2003-ed by CefVII ~ SecIol

221(4A)oI the ~Ad 19$1fld bullbull1lIed YCJ~ we endosoe IIheAllnellft1 I 6donhe

ta

--

focltl iOjA4an1 5of1tlltI ~ 0rilPlt 2 Forttgtelt 10 oltsltOIIIITgtI1l intheAAnexUl1l refemld 0 inparagrapI1 1ilbove we ~ lhal

(sl We hIM obl3Ined ltII b i nj elQla OIlidl kllhe beol 0I llU IltIooIIeIlge and rae were oecessaoylolhegtUpo5eofcur~

(h)InQJr~OO prQ)(IbookJ ofoxountasreqUred bylaw hMebeen llteptblIe ~solaras~ rQm onllamplTlalioo dhose books

(c) The 8alance Sheetnj Proftamp loss Aoourlt 00aIl iMIl byh$ Report are inag SEll IiCIIwil1 the books ofilCCOUnt (d) InClI opioioo ee Balance Sheet ProIil amp lois Acoount amCash Pow ~ Odh IIfAacultng Slaodiods

rlIotfed inSectioI21l(3C)oI1h11 Coo IlpanAct 19$ ill solaraskSlardarlls Up1l llhle to he~

(ej 01111e DaIS0I11l11811 ~oIIltnl recellltllrcentm lho ~as oltl 31ltlllorch 1010 -IlakM onrecoltd by he Boanl of DirtctltlrS W8 rcoon ltIalnone rJ the DillJdors aAI ~ ason 31S datd12010 frJm beng appl)i1ltK1as DndI-ltOnlhe---g0l~27 4 (l)j)oIlIe ~Ad 195E

(~ In opioioo MIl III Ihe best QUI informata1 andaaorIlng to the ~lions lJnto us lheS3IC financial_r-d no_WIth It Silt1Nfgtanllatu1tingPciOe5inl subjello ~oI 11~~01 BoniS GralIiIy LltMI EroaslYrent lIrId~ reeeeee COl Sltsu-Ily )epoKCtfw3I UacicaI $lcrliSheltmlIIl101 wIidltaanotbeendee1millad Notbull bull regardlllgroorgt-chalt gingoiRelteSlCOllnter~ 8oowllIfroma~~ ~S on Pamptj~on Sorory~ampuy Aibs lIrIdlC8iSand~

~ oW lreganlilg~or_dwithMibull F Kbivt UltI tho_lO Notll egarding ~ oIAotoonIllgStandard 1$~6enefds nllle AIallWs

1gt1 bnirg pall 01 SdeduIe 22 flIllCI ~ -Mlh oiliernolM lheren giesfie rIorTnation ill ite mannerso -ec by 1he~Acl 1956andgivealreandlatr Iij Inhecase ofee Baiance ~OlllleSlaleoti1l1aQCorr4gtonY31 Motttt -00 (il 1iI he caeoflte ProilampLossAIC0Iltgte105$ for IIfyell elidedOIlltlat dale and fli) I Ihe case oftheCashAow Statement0thecash lowsoIthe ~ tJrlha lIaI eMed on lla1 dam

For RAJESH CHATURVEDI amp ASSOCIATES Chartared Accountants

RClgtatuMOi- Dateel 2811 May 2010 ~MobMMbullbullbullbull

ANNEXURE TOAUOIT(RS REPORT IReferrtd to iI Paragtliph I 0 _ RtjlOl

1 In respecl ofis flxedassets al The ~ te5 ~pIqlliI reortlosllllfl ful ~ ndodng qumtoIYe details anlsi=lion 01

FudAsselsonlhebasisolirlJrlnallon8Yaiible h) kgtorrIng to ee iobmaion ifld explanalions gWen tousee Fixelt Asm IaVe beer physIaIIy-t by the it~alreasonahle lIlIlVaIsand no_ClISCtlIaICle__ongtltdoYftrifalioon

c) II cu- opnon he ~ laS 001 cIspo$ed d subsIlniaI pall of fiMd assets dIIingIIIe yearanl thegoing ll)rOm $I31US oIllle CompenlIS flOI 8ffeced

2 In rl)Sped ol lllY8fl1lrie5 ailemiddot I IF Old II us ~ SIIri dlinlahad goods sbamp lllIamp ~ argtl raw itIiIlera6 exoejIl sIocls ththll

PIlies and IaIl5Il dal a ll phy$icIII~ verified byIIIeiNMgemeot al raasooarMe rlleltlaiS blmourLlJllllOll andaccoofug tIllhe ir1bmalictt 8Ild~~lolSlha proceVesolJttysica

II Adlts foIowed by ~ -abla argtl adequate rela01cent Ihf size d Iflt Coo1pany and lltueolils~

cl Pol eplaled Igt thediwepancjao nolieoltI onnflclloon bo_ It-PhysicaI Slrlcgts and IIle Book Records oIlfIelevef material haoll bee~deallMIlhe booksolaccoons

3 ln~oIloarr

alThe ColrQan dunng he 18 ha$ taken ~ loarts 10m Coolanies isIed n toe RegISlel fII8IlIained Ofdmllll dfleCorapeniesId 1$6 dllSal3llanliillilt w11ree

b) respeetolloans and acMnces il1he oIloonsQbVthe Ccnplyt)any~sla1Iwheltesbpulatms havebeltln made partiesistilllls havegeneraly repaid the atnOIflli as 5jplaquo j oIterlanthose written Qll ltltrIng treyea

4 In OU opiI1ioo 8lId 1 Jollie io1omr8tion ilI1d ~ 10 us eee ae1ldeqJI1e i1temal 00fllr0I prooedures~wiIIllhe sizerJlhe ~ llIdlhe_rJcentS OOsiness lorthepurdlaseolstwes shymaterials irdJIlng 0CWfIP0IIIlls plant amp Ichiy ~ and olher _ and lorthe sale of llJXlS 8lId servilte ~ is regolalt intaking rorredM -eswtlenvll( major ~ in iJlemaI COOIrtIl are 0 31111lt1

5 InCUopnioo and accllI1Jing to lhe bull ottand explanatioos gven tous110 transaellOnwas madeb- purchase 01 goodsrodma_ arid salerJgood$ mariaIs 8lId_ III purwance 01Clllilaets (I 810ge0 l8IllS entered in the er malntaioad lfW Section 301 oIlhe CompaIieStltt 1956 andagrpgalilg o1rigtg the year III Rs 500(00Of more inrespecl ofeach Pall)

6 The Comparl~ has rd~ anydepolIbfrom the pubic inIl1IJIIIU 01 SecIoos 58A 58AAor anyolherflOyenanl prtlVlSlOIS ollhesa

7_lIOUI opiMln Company has lIrllrrlemai Auditsystem 000 lei0SInIeWIIh ltIs size and thefIIbe oflSbusJIess 8 AalmIlgt) iJIcIrmaIioo and egtpl3llllbOnS gigtO kI ustheCeMaI ~t has notprescnled 1eniInce 01

costrecudsulS209(1J (d)ollhe CMIpooieampAa 1956 bany~o1 lhe~ 9 Inrosped cl S1IIu1orydues

a) Arcming 10 Ihe reoords oIlheCorr(lany at 0UIWndng dIJes In respect of Providert Flft1 Etlploees Stale InslrarceWilst BengalVAT CervrnI SalesT- 1rgtCQme Taxes rmSI rknoiplII Tn F IorPolutioo Conlrol Tradii Wcense and tire liclne eamp haVl eeee paid du 2OOS-10

bl Aoord glo tile~ follJfId egtpIarIaIiom given 10 os 00~ or~ amets payablei1respecl aIiPlCtNTllltl sales au WSIOlTl5 OOly exose dulyordues peyIIbIe 10 any olher SaluloIy and II](Local ~

were oolStnli1gasat31 $I Marth2010loraperiodd rro-e tlao silt ~ from Ihedate theyeeeerepayaIW 10 The 8CWlIIAaIed losses oIlhe Company at theend oIlhe fio1niaI )Ilar a Ine= 01 its networth I has rcuml

caslliosses duIngtie l8 iIIIdalso inthe previous JnancIlII year 11 The ~ has notOOIaultedInPilyment rJltlues toany fnIIciaI lltllliortorbankorltlebeo1IUes tdders 12 In00 0lIlDl am ~ III the ~ an explanalion grven to us 00 loans an acMnces haYe boon

pliedbytie CompanyfS1 theblIsisrJ$lllUIIybyayorpledge ofshates debenIIresan OIlIer secuilies 13 In 00 opnoo the CorJImy is nor a chl bld or a r)(IlVrnutua fundIsooely Therefore daose 4 ( ~~I rJ the

Coo-nIianies IAuliIor$ ReJxx1) Odef200J ltd as amended upto-date iampnoI ~ IllheCompMy 14 mour opinion the Canpany has notrIeaIl or traded in shares ~ detlen1urelts aod 1lVeWnen$ ThBreliJIIl

clause 4 I) olIM CD-npanos (AWibs Reportl 0r0ar 2003 an 3$ _idad upIO-dala is ootaPflkable tl the

1S The ~ lias nol980 guaranleesfor loanslaIlten byotIer$ from BanksorFinanciallnSlillJllon$ 16 The~1l1asnot~ itlynew mm loans (Urg theyear- The Termloans OUlSlandllgallhe bullmiddotgrJthe

lUwasril 17 ~tc the formation an e~given 10 usandonan overaleaminalionol theBalaa Sheelal the ~ weare 0theopinionIN no $horImm1oarl$1Ia been usOO lor long IIm1 tl esIi IIII ltIS

18 lloong the yeartheCompany lias nor madeanyprelltmntial allotment rJsIllfts tl parIIeS and companies covered in theregf$(efmain~tJ~ 301 al theCompaniesAct 1956

1gThe Company lias nossuedany detlenIlIres during heY9i 20The Company lias notlta1Sed any money byway ofpubloc rssue dnIg tie yei1II

( 21 In ouropnion Ild laquoeortIngtc the iflformalion arld xpIinItiorl gwnlO us 00fraud onorbytIaCOIl8Y has ~

nlttioIld orfIPOII8d dumg ee year thtcauses thefinoncliI satamanl$ to bemalariaiymissaled

For RAJESH CHATURVEOI ampASSOCIATES Chaltta-d AClOInlmtt

RChatu-di

PIacIl Kal Dated 28lhMa- 2010 ~libeis1 shyNo529llI

--Balance Sheet as at 31- March 2010

SOURCES Of FUNDS SHAREttOUlERSmiddot FIJNO _ -

APPlICATlON Of F1JNDS csers

IM$--OlIlgto-=-o

shy

100479000 2 92680000

musUIlI

3 1~zn245

194272245

rot )9$411245

bull 321969 061 - 1410U6ll

ClJRRpoundNT ASSETS lOANS ADVAIiCESu bull __ C81t 8lai8-a I-t

Sbull

U~356 72152(1ll71tl610

n 1-sTUw)shycww

I bull (872lillllll

u eolor taaicn

nuoo NET CUIlREHTASSETS

-(21129111)

Pfl()fJT amp lOSS ACCOUa 2711Sotl$l

rc 3910431245

NOTESTO TIE ACCOUNTS 22 Thf~~ t1ooe bm iIf1 gal part1If he Ballnlo SheeI

In _ aI(Ill IIIllOI aloMn dale 8IIlIChed

tNrdgt]t 2Mlt

1al4790lXI

bull

muSllOID

211Jamp33ll8 21 ~ lA33ll$

( 1 S02 311

321J2OS]( 1S7 7llO 6GB 163929iI66

li3 t 2U amp6

01530 72152(7

11 213 701V

11576833

ro 1161233

16IU2(

4I S02

lor RIjMII ChIturvtd amp Anoc_ For Itgtd ~d

c_ shyA~i8b -e Kolall DaIId 2811 uy 20 10

C $ Cbcudhury KaII s aoptbull Viol 0- ow- bull bullshy

SK~ Gof-IFuIc~

---

--Profitamp loss Account for the yearended 31 - March 2010

Sd 1Wdl31 2010 INCOME Sale 0TltiiiPrtOoG cow klcJuampeI~) III SkIdlt 97l198 17878

135125ot

- shy

FQor gtlis OtlerII gtlisee-J

leoSOibullbulle-- -COW-SeAng amp Pnldua De I bullbullbullbullbull --Ilems aI ltIlmllle yNr

n

ts te rebull

11)49028 120932 m ~12J51

2fioI7454 195538 6928685 6 ~7ampM2

5861 892 2929647 921633 92216

16on064 13822019 aee 158ll3ll

ltm s

PROFTT I (lOSS) PnJlil I (los$) bebw ~ (330542 4)) (25040611 ) PIoo$(o b ~ - FBT (10400)

(33054243) (25111011)

J 17~20

(238383798) (21 31530011

(271 1SUS7) =

For IOJ Of )tNI d lIlo 8tgton1

C S Choudhury K1ijal Sengup~

Vici ClamIa-l C1IiimIM amp IIiIgtIIloWll Dnltlltrr

s KMukllopacfhyay -~IFn1naJJ amp~~

NOTES TO THE ACCOUf(fS

In IemIs 01 1M reptil 0 (MIl rIaIe attadleIl lor RajKh ChaluIYIIdI amp ~t5

R ClatucIi-Dated 28th May 2010

- - - ---

- - -

bull bull

SchedulesForming Part of 8a~ Shelaquo F AUI middot MM~312009~3121110

~

SHARE CAPITAL Auhoflllld -- shy~

lllilOIX~_ltJRsltl-_ 120000100 ampaooOOO

luued Subsaiblld Paid upJlIlIOIlIl~sr-ltJ Rs tgt-- fullllI Ult_- - - -shy

104909000 104900000 I Oli HICl Eqity Shno 0 ltl- YlI_b__ - 50ltI (lOO 5091000

- -11 o000DOO 110000000

- SharCI _1 A_ 1S21ooo 1521000

01419000 106479000

2 RESEIM SURPlUS roo ~-CapcentlIwbsidy (Gcwl Ql West Bengali 1SllOOOO 500000 _ 91 13000II 91l31ooo

9268ll000 92600000

2 UNSECURED LOANS From eeeesCorpaote 194272245 21 7343388

194272245 217343388

8 FIXEDASSETS tEPREClArntl _shy_~

~-~~

bullbull bullbull ~ bullbull bullbull bullbull= - l Ol20 ~ D1 [)I1IXamp _

111lllll1O 11Ollllili ~ -~ -

~ 1$1 -- ~ ~-

2lt W - rWlro til1 TampI s

_~

I~ _ ~ ZSO~13relt 21U8325DlgUO gt5~O IG lJ231ae 390428)1 lIJ I3 m~l08

920 -~ ]100) _113 Zl(lllll~-

ll~ SI2 T3 1J2 M~ -- - m ~ 511~

_ I RIiloo _133lt0 romiddot ~ 611811ll 1138lt20- I 11 oIol ~M- - _m

IIIlt shy-- l1t12I571 2400II l1t 1 51~ - ~ crbullbull 163mllRi m ~IO3ll -l2alte2to l2TnO510 1IJg6l5111 11Il22OW IU lIOlIOlI T83 mJl(lll

-~

18

-~-----------------------------

---------

Sehtdults Forming Partof Ba-- Shell

see INVENTORIES As -en-ee lyNuCl

shy--shy~r omooos _bull Clro- Sa eo CcocI Orooer Sa C llcUIIW

lMs PIIl_kw~c

CASK 8AHK BampLampCES c1It-_amp__ bull

cr~Sd

ocat b a- ( (00 _ 0-_1

LOMS ADVANCESbull shy~

1vJ ~_etl 0

II_Clfb_tlt_ AMrakwf = _b - FB7 (fY2IlllI-lI9l _ FS T -Y2llraquo- tI e-PLl

1Iwll ow F- ~ lane F- PClI _ Tax AI ~ InpIlIVlTIW bull

s CURRENT LIA8lLIT1ES PIlOVSlONS ACURRENT w8IUTIES0- _

bull SSJ lnt

-- shy- SeoIII) 0tpaM Reo 4 o8Cl

rMra F o-n- ~ IPl sad PaIl ~

bull~ FOR TAXAT10H FmlIlIInIM Tax

ts

IIIwcb 31 2m0 -

6111$ $ 681 fjl

U 1U5S 1991 53

119904163 ~n9~16

1l1527

2 ~ -

UOgt -

17 bull lgtS ~11

om SlD5 211503 ~ ~ ~

-

8718610

lt10901 S790 151 -wm

310(0) uo48ns_

( J MardI31 2Illll

shy21i21l6ll j$~1

~lSI

1( I1SOOJl2Z

11713 ~ 1795 11

12lsWshy

lW111

_137f

6913201i

2JOgt rea

1Ui

l12n1M

63522501

3100XI

11576)33

ro 70bull00

- -

--

- -

- - - -

SltheClIles f ormingPart d Profit amp LO$S Aceounl

10 SALES

-~- -- 11 OTHERItCQME11-[ melt

12 flaquolN OPERATING INCOItE LatIy lnt1en Ilad

13 RAW MATERIALS ~ Slcd01 Raw ~ Add PudiBse Duling he year

less ~ Stock IIntten 01

__ less ClJsrlg SOdl

15 UTIUTIS - POorCf amp fue l

FltnI8OOOiI shy_=00=4 of ~ 16 PEIlSCNtlEl EXPENSES

Salary Wa1eSEltgtlus ampExQlIJl wgtltl~

Co ConlrbJliorllll P ilIId E S I F fICmIrOW_~poundlC

Stl ffTffin~

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17 Olli ER EXPlNSES AlOIo FlernJnn1lO1 B3ltkCh Books amp Pto odicaigt ConsJlanc S service CtIatgts eooooo Diltectgtf Sitmg Fee Oonaion amp SltIbwEnt9llJirlrroerj bpelMl$

-- V endIltI ~ 1 200IIM~ J1 2010 h

- 2(6557 l4t64

lJl17li 457449 172899 _ - ciJ8S

420amp82

420amp82

~62U68 1441323 96691 l294m

2111359 21421 00 162n

2050~ 2742100 501554 2621168

_1~9 ~ 120132

194905 sbee 407285 ~

Zn1 1~ 412351

2320 ~J 751578 24367 17lt581

15379 ~

264745C 1guraquolIshy

OI0tTO S4lll292 370512 35096

17412 19J11 ~ 911 138 574902

6928ampamp5 - amp471gt12

1890~ -zsesm a 18793 4308amp5 29864 207818 152574

~40000 ~ ~

55189 ~

-_---------------------

--$lttdules Fonning Pillof Profit amp losl kwunl -

FIQlIy Fcnrc ~ RligisIi 01- shy shyPlIge amp_Ii Prning amp S -_ Wi _ t XD - shy

VIhdI a -

UidbullbullJ- 5aLJrtG amp PRODUCT DEVaOPllOO

Elwo_ 11_ C

e shy- shy CgtWltGES CIlCllfl CrdNc

middot~(IITOS bull CIlE$lDl-

shybullllII

ITE-s MllTTal on DURING THE tElR ~OIlIIe _ncIl11ngi1r___

21 AOAJSTlIENT llfLlnfG TO PREVIOUS lElRS ~~ToPt

---

IIIrdI 11 2lttO

293~ aeses 2013

3 67 37 37193

31 lOl

~

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V

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~

-- IampIrcII 31 20Ili

shy321581 271850

92 312102115875

~ 500 ease ~ mno10 ~ 3lrn

OW

eo ~

m me

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21

n IIOTU 0 ACCOtIITS Slttw- tlmnI prI die ilalfte srt1Il Istllllrchola nl PIlIIII amp 1JIIs-aul trn _ -1IlliIlI31YIrct2C 11

t Sifi_Ac bull shyt _1 8o$lS CFACCtIUN7JrIG Tht~ e p wl-MI_UlcstOll__l Ol atCIAIba5lSd~

C_ lIOltUSgqIUI)lfICl- i1b1el1l~ c__11IO

oonplyOllfltlt~~ ~ eolAaNIfSWdilnl) ~ 2lD6 puSUiRlc5ecbI211 (3C)1te eooesAcL 19561 lto6lmiI) Gle~ ~ ll _ (_ CAAPI ~andft~ pvmIOOS DIN r~-1956 Tht~ pJlIQeIl iQCQIlSISIonampyamplplledbyN~

12 USE Oa STIliAn The_n_of~~~OIIhGAN~~ lDmakelSllnllllC ~ fllIlllKttlt r8pI)1ed-td _aod- ltIIodocltre 01 ~ngenlliltlillIes

bullbullbull_dbgt ~ tol -l had pjoesrilrng IIMI ~ penxl ~~ 1IIilinaIIls b8sed l(lOII iitSmiddot be kloItIatunwl ~CIlUOJ

3 RXal USETS fI F_-iIl~ oxa oleUeoabIfII1oa 1C05IIICUlli5 IIIGUei llclir-wh tJitS-mcubullbull__

Ib)Tho~_rJbed _d__QnMj [ ~

laquob)i u lEPRfQA1JC

00 bull d -1_cnoodIl CIIIIriiIgb me ~ lillle-~ Slt1leOjo JNrJ ~AaI956 bullbullbull_

~ e-LCIII_~~ding 1efW _iii dlldl e-ertSaly~oo__ bull bull Ii middotded~r~4~_d_

15 MPARlllEtITF ~taehilllalCli SIlIlIll_iDl __ Ii CIIe__~

rldicIIt rt ifllleao_ ~ 01 bad _ lt1Plomgtooed N pa_ lCJsI le1 _toe lltT)lIlll_fII oIl1e ~ lib11 tJIJIIJ Cash GEsIili lN (CGU~Of ollelexceeds_1JIfiUt Tho__ Ii hi QIMkI d1lgte_net ~1IOIiI$_In~vaIle ~ hees~matad lltlft cosl lbw mUle use ollne aiiSs diIcounled 0 Ilelr Pfesenl_ 011 WIlltl_ M ompAtTIIMlllCJsl is~ j tt- _ --linllertlCOYlfalll onanlrld sunlrlss_OOIorgor_OfModicgtaw ~ Ioa l JlMnIIlterMa ~ tI N carrp1J -01- _ Mlil1 case d CGU

7 I Jok CIII~~

11 MfIlTORIES (___~ t_ ~ -cIII~d

~roolSldlel I ~-_aI _1ot-IIIDdQn5

~___~COIlf~plOdocII_oelDI n DbeJddampl7ampblgtIealll ColIiMlill- shy(bl- __- __~hsIoecgDCII2I --=lIl_dalilnnll

II ColI d a- ltIiel IItnIr _ pencil 01 _

~CllljO _

11 ~ a OGCOSTS amp0 g_hl~tI t Of~olhec __ iIo-t ~aolglgtltdgt_ _oWIOcoAI_dWgoltltJ~_

22

18 REVENUE RECOGNITlON ~ tom the$3Ie ~ goods(rouong TrllIi prodJctloo1 Ilottlesl IS ~ t4XJI passage 01 titleIe the cuslomen wtgtidl ~ _ Iheir ltIeliver) ~~ -y cui 01 gtltu ltifIe cIiimr 8lc altcOunlted rasand hey ~ fnaIydetlt1rmonod

19 PROVISIONSCOtITINGEl UABlUTIESAHDCOIffiNGENT ASSETS lalA pllOISIOn IS reoogrrised when theCUI1pal) tlas bull n-Jl otIIIgaoon as ~ 01 __ -l ~ ~ an CkIlkgtw 01 resource Of t ~ 10 $OllIe the ottgatiltJn in respect 01 wIldI ~ ~ _ be_ ProyenIIions are not diiowlId l)~ ~ ond a ~ -d (WI be5l OSlimate ~tl_ the abIigaIJooat he -e__ These _ atNd baJIIoce sIleel

d e -l~lO fllIoa lhe~~l~te

(h) Cootingenl labfllies ~ byY offICIIe5 IC (0) ConlingenlAwlz~ Y_egtlaquoepl lor lho purposed _ellol-

110 lEASE Sne 1(1_ has beenlICqIOrOO to-PCl ~~ l)pe 01wiI be deIenTwgted WI

~ 111 ACCOUNTlNGFORTAXESONINCOME

In-01 lilt lossb tie year ltJ1der revi Taxeson CuretC anIDeleltted Income have notansen

112 SEGMENTmiddotWlSE REPORTING The~eXltiJsiwe~ 1$ maruaeturinJ yenIll lI 0I V Fblsnl such in theopinocgtl Qfie Ibr1agemenl ttIil is lhlI (IIy lepo ~~ ampe9fIIlOl per AcclInng SllnIiard 17 on SegnetC Repor1lnt =oed by n - 01 Owtered AaxgtuntlolS or lnclol There 15 no ~ GeograpIwal segmenleithelt

111 EMPLOYEE BENEFITS (I) llelnod COOIlIbtlJon 10 prQIIidertfind ard empIo _ 0SlGII00 arediared Ie~ amp loss 1lCttUll 01 fill _ GleQlIIIrtbulions lOthe~ bIClS n 0JIlThere ate roo 0IheI 00lig81i0nI Ie Ihe eo IJIt I oe-er lIaI1 clJGb6Dn payable to therespecIMI-uy illIIIltntJes (b)Mninul1 _ or bonusasrgtcgotiated fmm n 10_ os lIo1W oCCOIJlted arc pood ClIIIl basis 0$1 -dQlllSlSlfrqt (0) No _ llInIIfit5lCthe~

Id) A molteltolco_ y_llerooIIin lhebmaigraUlyisllilllltraquo_ ed oncashbBSltl

1 _1~ POLICY ON EARNING PER SIWlf (alBMcNrnig persharelliltAlQ ~b)~lhetgtet~OIlossallet end rtude POSlIPeeclolany ~ ilem lor the peroltl IlItWtIlo Il~~ by lheweoghled ~_deqlJty shlIe wtsIMding dtgting ~ pergt)I1 ThegNed _ 01 equity share$ 0JISll0 tUroll tle PriOd In-fore_ fgtCiUdirIg a txnIs iDoJ tIatUI eleltnenI 3 right issue spill d __ or reverse tPl (1elXlISOIidaIiDn or_os) lito made dunng lteV-- (bl Forlto purpose or llIkulatJIJ ltlIuIod rmroJ per shire Ile Il8I prolil d ltJfl penod_ eqJfy 51eIclldelt n tie ~UltJef ofesQJDldo ltkngtg1MperiodInedforleellecls d II dilutive poIenIIIl d laquoJI- shy

115 PROVl$ION FOR TAXATIOti 13) Tax pense for1M)83 ~CUfeot ill ampdefMed isi1cloled Ie fIIt pltolit (lossl fortrleyeor (b)A~ IImadefortheCUTefIllagtbMlOlillIiltlOity(ltJmpU1ed 01 aoordancIe _ RlevariIlagt raIeSand ill A Pfl5lCl IS made fol cleIemclllDl for1rr9 ltttrerenltel rIsing and liCOJUOlg _ alarreotty Ofsubsl8I1Mjyenaded (e) ~ Igt-Is are ognised 0fIi) ~ _ is certainly 1l1111lhey wiI be INiZe6I1ld 1IOewedfollle~mm sheeld8led1letrIlspectivecarryolg_lIl11dlballiltllte

116 FOREIGNCURRENCYTllANSACTlON ~ applicableFltnql orn=nq lrrIsaGtiolls are accounleltl for at f1e elltolrlge rale prevaiing at the blttnsaction dilte Yearand mnetary assets and liahiitiesItIIoreignournrq are Ir3n$Iated allIle appHcaOie year end e chaoge ~andlIle ~ dilIeo elt ICe is eoognrsed $gaOl oo lorhe ytII

2 In tleopihJndlgtt~ Iho maM3llIe_ dlllaS$8l$[ eilherheentire~amp~ ling Ie 1rftVerwus Fbl ~~ tle0fIi) CGU cI ~ or Ile _ I tlNll l1Ier fIan tIo$e Ii respeclMCltlII)iniimlUllalLId1 assets no ~_IIason trgte Balance Sleel ltllte

lal Bank ~ fa 01 W8$l Be1l1 s_ ElltctncgtIy DioIiboIiltM ~ lid m

(h~ Claim agaiosIheComooy 0l0l ~ 3171849

(c)Oarn01 cerw ExCse CIuty InIer ApplrIl kI Trtlur8I no818

4 Asrc IleIeSlllls beenchargedOf1Ioler-Corpoltole~ he_lias flO beeoleswnatednj ~ n shys Partl OOIlfJrnlaliolt in respect 01 outslar1di~ balances JIr SuIlay DetbI Sltnlry Cltedl1DlS Lwns M~bo-on - inlrl OIIII$Idenolio1lh__

6 The Contrtd _ MI$ e- 81goroeemg 1M COo~adtA IISPObIe for Renovatlon wonlt at Fadlr was teminated dlIlI to pocI and sub-llarolard~ 01 wo1lt and maleliaIs At prtSeI1I hmalilt isurderfillg3lion

7 On iilllleial- ~lSioId CllIlridol~ djotlbyWs FreseruKab Pvt ttd (Fresenlus)1Iith eII8cI JrorIl ztSl Augull 2OOl5 fie -1t 01 ~ _ F-_ 1OImOa5e in cowetSion lthave Godown Iml Vat IDS tlfuMnl $aIIp by hit ~and~ of F-- has enuo oed UI~ cliIIe an no 8lUSImIIthas bftnmMI inherftIIIIld aaolIlIS thnfor

8 NJmaRECEVEOGAlNSTSALEOFPlANT ampMACH ~ E RY

At ~ tgty me Cornjgtony sctI--(dIi 000lt1 ~ -- amp FducalIon l id ~ JtImne _ oIRs 315 CtCQ edt ClIt ol Rs 612cnnsdUlWlg2009-10 iOJIinSl- 0111 Fluids 1Tl8I1~

maIonenes for wllCtlappmpriae resoIutioM -e passed tlf the- Companfs sharehllderson171tl ~ 201 0 Thoi Wesaid -m was ustd by he ~ IIMartlI ~~ 01 unseated kHI J-d from -conponieo

9 MIslment relathg to pr1lIioo ~ ear amounting to Rs 2157641middot ~ net 01 ~~ br Bank Gunnlee released by Bs1 ~ 10 R 7740121- party dsll bypro perod Alary Ib 37097shyrlIenlSl a-o dN)ood ~etarges etlt Rs 371 151middot01 N $arne year

10 MICROSWIILU tpoundDlllM ENTERPRIsES The COnpano hasflOl recewed Ifl IT 0 bull as IIqIJinld 10befledWIfIlhilllOllied ltlJlt(nIy UIMler 1le cro SrtalI JtId MecWn EnIefprioes ~M 200li c1a1Tlll19 tler S131S as00 31st March 2010 (and also 31st March 2(ll)9) rrntroSlIaIlard medlrnenlerprises~he_1Slicl payabIf klhlse dUIWIg_ l_~__l iS nl

11 The ~ III yet to fto -V adopI~ Standard 1S EmploY Benefits (lWes 20(5) issIed by ee 1nstilIJIl 01 ChaIltred AccoulItaols 0I1ndia ant deliilIed discIJslns reIaWli to Oefned Btnelil PIons couId FlO be fnidellollcrnonlS andRe9ortshy

12 RElAI ED PARTY DISClOS~RfS

DiscIoluesasreQUredJIaxulIilg Sagtd8Ill18aregoenbelow

LdofRm~~s

SenboEngneeMg Limited se KrojaI SenguptaErrOclln 81gi_oog Pvt lid -- shy8eeni I-IoIoifgs PIlI tid SnC S ChedMY

Dr Sll8IllaI 0lalCI1D0I1ySenboEnm ampPvt Lid SoFTarIp Kumr OVIkraOO1y Or Asilth Kumar Sengupta

-Trrnsactions with Related Parties duting 2009-201 0

Nature o u pses KeyManagementComj)lnics Personnel amp IWlati-u

(- lRs)

Expenses Ditedors Remuneralion Cullllllt ear ~ Nil

~ Nil

Dirnctorn SLtJIlg F Current lar- shy 40000 Previous at 2a COl Inoome

Electricity amp Diesel 71373

54358

Outstanding Balances onJ~ March 21)10

Unsecured teen CIIroIIt Year 1S4m245 Previous rilar 217343388

13 EAR~ I N GPER SHARE

Cumml Yn (Rs) Previous Year (Rs)

Net Profit I (Loss) after current and ~ tax Weghled Average

(33054243) 251 11011 1

Numtgter of Equity Shares 01 Ri 10eadlason 31()3-101 0 10647900 1O647OCXl

EamOngsPer Shale(BasicandDiluted) 14 FigUIeS to thepreltioos year tevebeen re-arranged and fe-9ouped ~ necessary

is Informatioo PlJfSllaI1l loNotllication UIIllerScheduleViofthe~rns Act1956 IAscertifiedbythelllartagement)

CIfIlInt Year

Oy INoofSoltMI 151 Annual Capacty _ PrOOLlClion

15 11 Used Capacrty 1aOOClOOO ~

1512 I rgt$~ Copltgtdty 18000000 ~

1513 TrialPrndLJClS of Irl1tlwenous FlJid _ MacIliroI upgradatlDr1

r p~~~ 157634 1178355

Saio oITrial FroducIs ol-shy 24244 206557

153 I -V FUds BottIos 191 18664

154 -shy IV FOIds Bottlogt 135309 990461

Pn0IS Year

INo_ oHloltles) IRs)

16000000 ~

18000000 ~

17878

~

1919 186amp4

-- --

CUrrtfltYtar shy- - (Moe-) -1 55 -- M5gt I PIWj G M M M M M M532 0_ lt0shy_~

GolI-ampO -- c_C_ -shy

1511 1572 sa-ls-o

-- -- -- -

- U - -- _ar shy_Cshy- - oW bull

~amp2 ---- M

bull bull bull_- -_ M

u uUm-- S bull bull

IS 5 12

0shy - a

1t11Pt a a-M

~

M- M

-

PCIY_- M M

M

1111 M

~~ 11

-

c

l

-

Informationpursuam to PartlYofSchemJItVIof the CompanilsAct 1956

B 1IceSl-fAbaraer_~~8U$-_

REGlSTRATlON DETAILS

~i No CJrI L 22 fTfTi( B I 9J r pT L o amp3Z 7a

llaIIAe Srleel DtIo l 3LlBpIl l amp11 oJ tl CAIIfAL RAISED DLRJ~G THE IEAIl (Arrioln Ra 000)

Pul iIlh I~ ~ Ilo1IIsaoi lonuI1saoe [l~N J t l PO$nOfII OF MllfIl 74TD1 AICl 0euroJlCmlEWT Of FUtClS AIoIIut Ik lDlI ___I bull~ f 5_1 kIII-- bull - -~ si shy

t1L ~ G 2aDi-l - shy- CIl frIJill ill-l412l1lJ ~oIFomds

lei Fuel A- [lj 41T[)l ojsJ ITDillJil Net ClmlIlt Assel5 [-r2T i~ 1_3ill j271T[SS]

N PERFORaLlHCE Of COlIIPAHY (Amwllll RsOOJ)

Tlnll1OII ITI2 -i L i lJIZ3 LL31middot~ r3Jl~~_

tJ3T( 1 57 a-LJ(Itl

GEHEltIC HAIlES OF 1fREf IRIHCIPll PROOUCTS

1 t _-FUds QV FUlls) CodIo No

2

3 NIL

ScheclJM 110 22 in siJed y Ihlllolowlg

~ RAJESH CMTUIlElllamp SSOOTES ~ I

bull 0-- di oIlW

SK_ DollId 2lIII1oIat_21110 -- ~IIIfl9r~ampe-~

CEOiCFO Certification

we 11- odbilljji led CU 8ijIlICbltt epacilieliISownn ampIotirIagrIg Dnaor (CEO) IFd Vice o-w (CfO) d soo~ lgtmed(ltgtoCornfrylOlMboltld ardbeIilIl oerIvtrlol-II) we live ~ ee lIIbltgtoamplinInciaI ~ noad wiIIlhe Cash FkM StaIIInWot d Senbo lnOlgtIneS Litnited

1orr-~3middotmiddotIlIntI2Cl0InlSllleNIl t81dart4 l _bIliIf (I Ibullbull de ngl ~ _ilIII Ibullbull or_ ~ lacI or_

lIOilSN1IblI tng _ ~1 __ 111_ I _-~-n_

~ iTa __

(tI) we _ lilbIsIdar if IId bIloII1lIIIlr1nIdOtlStrlIlllIICI tIle~ dUIrog

~_II1e~~arltAl bullbull ~lhe~eoaedCOtQcl

w lIodaN II illla~ d ed aJ onan 1Id C6 - Ked OQi lheCOdeolCcnltudilS~lPylN~_

(e) we UNr1ClllPC abIil beslilllIslqlnl l ODIlIroIIar 18Mll We heltdl ess d oornt sysIImS 01 CalgtanJ IIlilfnonl8 1ejO-- ~ tl tie 8IOIorI rdtlI AIdI COl_ I1olfio I(ies inle desIJl or oplIlllOi01such Itlma eortroII ~ any olwtJdwe arep3fllard stejlS takenorp-oposed 10 blIlallten b rlifov1g slICh oolioencie$

(d we_ tedanw_1MItlaIian tllha adnnllheALoltCo bull

(I Slfiji~~I onIefTaI~_~~ltUIlglher-

jiI Sy d8lJlI f ~-dellaWlg n lNllhe _ ~ lilNIrwlQiIl _

1 _Q$gl_f3UIl ~_=1- I Y gl bullbullbulleor ~I KlIenlhe~-~~-

M$Oillilllshy

c S Choudhuryvo-shy

~Iaqtion

~~tlIIulewr~Eta pnooad -09 (l l1ll(iildl-O_ 1le sma EAlw Ile eacle wbullbull SorirIr 1Mie Fwi lIIIIIlIoM oed eooue Code aJCcrWcl b III yelI endId 31$llllaodl

ForSoriIo hUres ~

shya- 1 bull V Dncb

28

-

-- - --

--

CA91FLOW $TJ1UlENT FOR THE YfJ~ BiDEDtiP IIAACM Z010 -- _shy1IIntltl 2f1

A calli FilM Inn e- gAdMliII5 - shyPdrllDaJrIaolt lD ~ l32ampl t 459 (251303971 ~bDocgt_ l$OnlIamp 134lZft9 ~PdlllJ bIbw IIoIIltlg ~CwlgII 16769 3S$) (1l JOl7I) (ro-~Wilrblil~ (Ottgtr tlan Cash-l CasI1 E~l 3amp521 301 (5510185) Cxh IO ~ fIvn 0parBli0ngt 221511006 116618564j Drreel T_PIId

l CnII FilM Opamng AlttiVitift 2215$il06 lU185641

II CUll Flow from Irwu~ng Acbrilies (248467) ~dr-lI8d~

nbiIg Fonogn etrq VinWI (29701199) ~farCl(lUl F~_

~ Net Call uMd ~ bullbull ~lI Adma

c e-Aoootr-f_ ~_ -edShn CCxlaI

PIgt --blsI tolt ugsReceJi_ d uo-nd u Oftrlb Slaw PrtIdoIl 01 pel ~

NatcII -cI in FNIICiol9 AcIvilieI l2107U43J NehlCi (cIao I lineal_ ~ ecuivaltnls1 8+lt1 (560~)

Oparong B-c orCallIand Cash EquiQIente 907371 eea CI~g BilInel of Cllh and Clsh Equivalanb W 907311

For ftOll_ dlho amp11

CS ClMufhury kIP ~ ob ow- cr amp~lrnIaIY

SIl II I I at Gewaf ~ amp~SfcreWy

bull AUDITORS CERT1ACATE

fila- roe _ QIIfl b e d sa8) MlUSTllIS LUTEDfarhe IlClt ended 31 wm 2010The 81_ beerl__ llr fl CcnopInJ awulIe row =eliIca 32li1il1lillAQl _ SIocIo ~_ _ _ __toBIIliIlaSIIIIMoI cnce CIIIfU-lrW1lIPJflb tliOld~

For gtASH CHATlfltD bull bull ssaxaTES ~laquogtIl ws

DeIeol- 28tl ~ 2010 PrtllU Ho~

29

~---------------~

BOOK POST

Senbo Industries Limited

Registered Office 87 l6fW1 Sarari KoIoaa 700013

Phone a33)2217 891516 Fax 033 2265 9485

Email senboindgmailcom Wilbsile wwwsenboindustriescom

Works KarbBla Sonarpur Station Road

KoIkata 700 103 Phone 033 2434 7339

Fax 033 2434 7341

Page 5: Sixteenth Annual Report 2009-10 - Bombay Stock ExchangeU8il. C8ncer R!sean::I'l lklil5 1il:l!l>tl1l 1lC. In8lldIlIor. lhe I!oItd_

DIRECTORS REPORT Tho_~ YOII OirecOfS present Ihet5gtltteenll1 AIIlUaI repor1 00ee bus-ess andopmlioos oIlhe~ togellerd lhlI FnarolII reWt1lor lhlI ended 3sIUan1I201 0

FlNotXCIAl IlESULTS

~ ProfIt (loss) belorc f nance Chargcs ~amp IIems 101 aIaIlId b cpei ( 1 65 middot~1 112032)

Firlarlce~ (0t51 (158 )

(1607Z) 1138221-Wnte 011 (6 ~Z) (OOr)

Netaprl PllIIlL=) 13m (26019)

Other NO 0perlJlirlg lgtcome ~

Net PltI6I(LossI (330 541 (25111)

Al1fuImenl rtlabrlg 0 ~ yea 283 (090)

Aafrd3l81 (Loss) btaJghI otwyenll 123S1ampt) 121 3183)

23831gt4Loss olIlied forward 0 Balance secthecl --_ -- ---

tn view of hoge3aJmulaled OSS yQIJI oseeees do not ~ paymentol OMlendb lhlIlyenand lor5mIar reascn no poMsonlorIrccne Ta illS teen mode

OPERATING PERFORMANCE CIurorQ the lWgtlniaI lyen _ raIincing ~ concernil1 ~ ltoduclion ~ made ~

prodution 00Trial Run basis as sta~ ed Out 01 1570J(froducIMateliaIsOi) 2~7laquo -- be odd

mn-l aI muIgt _ IIIeprockJdioo COSl This demortsltaled thatNrIUlaclumg of IVFklids 00COIllIllefCiaI bislS I3S

00 lorq(f VJable ilOO was leadiogtil ll incfea9 1osses

RENOVAOOMOfIilACHINES The ony prodocirg machine -8otteI Pact 360 inporled from RorrJTlSlag ~ German 1996 his beer MeIaI F~ and SlOlZ lrec)lendyo03l lllililil heav) ~ Spares are notreIldily avldatieWld ~ takes45 1060 r1ays timlI10 geldeliIefflj Jrom fWeculIly 0I~ Melt renovatIOn of the mactWIe he ~ 1OCllt SlIIPS of tilher 0l0l1 ~ l)I Wjj~ b8sIS or ~~ Since ~ and seIlIlg was nnrhm _ _ ~~lI til to OIotgt1 reIlIlDMlIop1h some esEd partIeS Iilte Fresenils Baxler E Bltawn _0Ihen l)I Wwld~11

~ laded cecase 01 lOIWIIoltcl1irltj 01 pnce llgt]e1llel OTth irm WTlmitnents lUfIl b mIfOnJITI lIlyof prorladJon Hence ~ _ 00 0Iher~ bullllake a decision 10 seIthe ntra1IeI1OlS Ftid ~

~ SALE Of ASSETS The Canpa1y beori 8 loss tIIabng unrI reecs reslrIcIlIIng of Its busrness TheCompany~ ~ IIugo amountaf -ecuea lOin II 000lltS

3

bull -----------~~~-==~

SIlcetheBoW is ~ _ ines clWsiless t al ilImeetilgheldan 151ha-y 2010 dIOOect Uljel1O jCU apptMII10501111Iese ranster orlllheroisoedispose of the I V FkIid IIIalIJfadYfing rracl1inelties andother _ or the Company elttIer whcleor part ill til Silid meeting 1Ile Board decided 1D- pi consenlllWJVlll lIIltlIlt SCdclltI 293(1~ a111gte Coo i kt I166by _ dSpoocial IdJIicII ~ he Ilcordri DrecIDrs of he ~ b _ lease IraOSIef or cItllIi 1is8 disllCSe cIhe or sullslaMally the whol8 or pertof lI8 CompanISassets mere spedfica~ siIuated e lh1 ~nyl acklry et~ Sanarou SIaOan fbad Koikal3-700 1OJlvwodoh ltXlrlSIt1~ dhe SIlaidddei$ has__ Itrougll poslalbIllcI underS8cbcIl 293( 1~8)

__~ 19VrStleCW kt 19gt6aId ttgtC_ -- ( ~oing o ttl R~ b-1QslaI8iIIcl) Rules 2001 CcnseqiIent tll lhe CXWlsenll ~~ld rem lhe sh8retgtIIclers ltr 17thrlnh 2010ee Ibanj fIIIIiakgtj SiledlVFlud maruIlIdlmg~ Th8 tmd~havl ~Illlergt - usecllD pill cI partll itsomeandkm

FlffiJREPLANS

In _dd8cislcndbnnging Iroes ofbullness 8 runbero allemati16 are lJIIller~ ~indoItIes ttjng

~ hospiQIb Medical Call Unit IleaI1h proj8clS E~ Cft U8il C8ncer RseanIl lklil5 1illlgttl1l 1lC In8lldIlIor lhe IoItd_ also iJIolt_1o oppIyfor- ltnIlfogI lbjocI0 o1M Uemnndum ofAssociatJoo Ilrany olh8rltablevenblIe and~ ne=sary a~ oIlI8rdeosicn 10 Iieve the~ny from iI$huge iabi~es bull IrILNAGEIIENTOISCUSSlON ANJAHALYSIS

I INOOSTRVSTRrJCTUHpoundAftODEVELOPtIEIfTS Oncelhe lnlj8cfis ideo iCfiedt be possoIIle 10 dlscussbolhSlnCnand de I I ~ orthePcjacI

2 OPPORT1JNmESAHOTHREATS

T1lele arenllO)~ for Pi 10_ PIds tlanagoomenl is rneIoirrJ 8 ~ sLltI) on 5ldI - prqets SeIecbon gf a Irqefl is Ihoays $ItIjed lD lillting risk A Projecl RepoIl exp(lSe some ~ am lhrlIlIIs Sim~ ~ y impiementatiDll ofIheProject largely cle(lends01 a numbeI ItiXIi iIiiQeioies

1 SEGJlENT-MSfPROOUCl-IMSEPf1lF()RjIAN(f VrM ~ is S8iIIf1Ii a suitable prJjecIkeeping rrondof Itgtpast e+lnc8 lterelue ~mdeo wdorwiseperfonranoedoes not eths

oonOOK The prospects ofIhe CCrnpatry liIyeiy Qepefgtjlo -01 _ poejIot ~

WibiIily1btolMft SMIlS lObe brV4 gtieIoofpntlabe581 Iii d I j)iltJd8tlle orciedshy5 RlSKSI CONCERNS

Tho -01-Company ~ 10l a flIir nl8IllrI d PokC1har aspects or concem ~ pyen CGmpIIry RluIe I jcwd an apptCpf1aI8 projea flning ofttll laid projectrld seiecllon ofalrwgtlDl flIIIlIlI loreocnco cltheprojed

I IIoTFRNAL CCNTROSISTpoundIIS I 1HEIR ADEQUACY Manlenance fi prcper and lllleQuate 5jS1en1 (ll rmmaI cootroI _ hlII all _ ~

proIIlded against lcsIlrom ~ use and lIlalllll ~ in aohnlecl and ded and fIll At oXlen pltogram n ltma1 and ccnIluousAulilreYieW suppIemens tt trtemal cmtngt sysBm 8$ paI pa-08latll8 ~oixJmanleIl pdkiesarid~

7 FWANCSALPERFORIIIANCEWITH ReSPECTTOOPERA71ONAlPBlFORMANCE

Thlllrulme m sale d lriaI pngtdId5 aid ral8 at scrapll9d 10Rs37511cs lUnl tle yearend8d3151 dl2lll0 The Companywtfullda nelopeltatng loIBofRs3 3227 LIes ag-lIt Rs 26019lacs01pr-w YEW

I HUMANRESOURCEampNDUSTRlALRSA7IONS l presanIyoorCompanyte 92 eiklroe on tole ~ Inizet 1118 ~rw and (J)IlrtUJon 01111 e nd IU 0tBl1D - IlKWlIlinarollD ~he quelily01tvnJ SlnlIrd ReIns dln1g tie fRI

shy

~ltlo managenwJlandrlelt-ecardiai YllUCompany 00I1ImIlIlld IIIemIft lIlll heallllandlllllty III Yemployee at its lltodory bypmWtng 24 Ilcurn ~ medical chedlt-ltIP by docb Your CorrIany is aIao ilted to pnJlllOlilg iIlTlOlI9SI its em~ ~ _ ()f~ IXIIiiJcting 01 tanng ~~ i1 onllIr III lCtll5lQm n ~ lie quality 01 its ~wei_ill MSIQ ~andrQIlcaIe i1hemtie need fore1IiC8JlUSl d -as utilibes R ather felOUIllIlS IllIl3Xllllll pmduiMty Your Company provides iee ~ acilities for a yees It $cJnarplt6 TheIjlIc__lIaIo1g accooded liitfll SJPllOIllltheenlfur~1lNivaIrJII- Company ~ ir1 __ rJ ~ rJ pressrc prlXilclion aclNiIiI5 YV ~~ may 00tlSidst reducing IS1lalI sRngIh till0fJll)le0 ie 1aIiG ()f ltleW projod ~lhe Miioeo~ islIIpmenl Ieeli1g a_of r85llesstleSSarnongst E eM

DIRECTORS RESPONSIBILITY STATEMENT a Your~ ~folIcwed Accounting StnarltIsn lllllplteparabon rJ-nlaIAogtmt5 b Yoor 0R0lDrs IWd ~ $IIifl1ltaltlltlng Idcies asrroliOi ldd 11the ~ III flttlulls and sWiied hem

WlSislefllty iIildmade~lS n Ihal are realllllllillen prudeoI saaslD grwe Strueand m_ d stale of s~ olllle Com pan~ SIIIIe m rJ31sl Marth 2010 n 01 ee loss d theCoqIany or Iheyear erdirlg31S1Mardl2010

c Ywr ~ hsve Illlt prtlpll n suffICient en bI fie msntllliJnCll rJ sdecp-lICCltlUIlIoIg1llllnls i1 ~ Iheprovisiorn ollie ~ Act 195ampor ~ lle_ d IheCoo1pany and Jar prllV9I1tingancldelSdl frnud and_~

d Your~~peped Ille AMual AcwJnts on s gci1g OOllOllll I)asls _

FIXElllleurolOSlT Dunnglle jM _ jOUlCompany Pla5rdaccepled -ydeposillrom Public

PARTICULARS OFEMPlOYfES SecUl217(2A) at theCollllIloesAct 1956wlIS rd slice tllenI_ no~yeedrawi1qsalaydlmghe yeari1pClS$ dthe SPedfied smon CONSERVATK OF ENERGY TECHNOlOGY ABSORPTlC FOREIGN EXCHANGE EARN INGS amp EXPENDITURE

A CONSERIIATION OFBfERGY 1 -and Feornplion C_Y- iouI-v

Eiodldji WBSEOCL

lt~ 1gtlt875 143593 1757578 Rs Kooh 1224

10671 243670 1n581 bull -- - 2213 Rs 1l Consumption per Untt 01 P-- crrt Yu PrwiouI Yoo

~I-~_ltgt 0shyI - =1

The energy ~ hasalways beefl bull plioily ares forheCompany roo dreclloS are ymuch consaous ()fhe need1crcmservalion0energy lIS onP9 pIIXllSS n 1cr thstpupOSll connaooseIforts n beII msdefor OpllTUll -shy

bull 5

B rrcHNOtOOYABSORI7IOH The Corrgtany iswaiting forlll project 10romeil The~ IIereb IIldeltIake5 trat theedvlolog) 0Ie fIOCl boU-bed ciJrinll ard I Ii aIIer theieJIei Itl ohe pmfICl

C FOREIGN EXCHANGEEARNINGAIDEXPENfHTURE (Amount in IeI

Current Y Previous Year ~

1121m

bull ~

~ AUlnORSMIOAUDlTREPQRT

Mews RaeSh 00aurvedI ampIssocgtatos ChaneredAcoounlantsIe theslatutwy audilorsol theCompyenly whofat bull

lhe lJflllolmng MrlUal Ger ling ond being cOgi)Ie ~1Ilad J iItid bYlle ~Illhigt

Iunlal GeneraI Tha ollservilOOrs cllhe aUlt1lors on Itgteir repolt1 on tie ~s aoount U 2(lQ9l II QOI QJDn ha- been AienlIydislthlaquoI intileNoles MAolttulIIlIftll bm ~orhi AcaulIs iIICl neednolurtheo~

AUDITORS-CERTIFICATE ONCORPOllATE GOVERNANCE

A Qlrtioca frtrn he iI)r ollie Cor(Jany IfI9IIog ~ wilh rae Code d Corpornle Govemance as ipo j -aa-49~IhRLi$tIllgAgr_rt isilllOampedtohis Report

DIRECTORS

SIi C5 ChoudhJry andDr SMillai Chatrnborty DirecIorn relire at thelorthcDmiolg MruaI General ~ and beilg ll9beolItor ~1ot middotltgtwltgtbiC

ACI(NOWlEOGEMENT

YOlIllOlcIDrs Jlace on rlKllfll heIf IIIrJliite IIanllts and dell eaaIoo 10Il1e vanous GoYerrwrent Oeparvrerm 8argtks SIlillenolOer1yenKl~ulhe~foflhelrltgtgtlt1inuppoo1lo ttuo~ ny

For andln behlIlf0fie Board

REPORT ON CORPORATE GOVERNANCE

COIIIPANrS PHILOSOPItYON CORPORATE GOVERNANCE

seee Industres lirroIed IS oommrttIlC I) meoqea dhe ~ ng ~ Inhe WIfCISe of ~ andpUllltlagl red~ L Tha Corqlany is bfIer ccwrrilIIId 10 eflSIlre ccwr1JlIeIKe with the GJde 0 Corxlmte Gaemaoce10eohiloce and proled the iolterestofam f1e sha~5

BOARDOF DRECTQftS

Tt~ compositon 01 the Baard 01 Oiroclors s reglalilltl bot lhe Camlgtanies AD1956 iIICllhe CoJ-rparlys ArIdes 01 Asociam 1M IloBrd oIDlfeclOfs rJ1le ~ _he ShIegic goasbased ontgte ~ oftheCompany __1gt policies ItId0-- t3bntIollllclSe ~ tofaobt ~ lielakingd 5lIillllIIe adiln for atlaOlllelll ofitsgoals

6

AIpresent the composrtioo oItha Board of Directors coosislsofEx 16) DirocIoo SriKajaSengupta the main IIffiIllOter and ItJe Chair ampManaging (ljree1orheadsthe Board SriKajar Sengupla isBSe (Hens)graduate and has 31 years ofvaluable eltpererlCe inhi-1ecI1 OJl1strucliorl and PhalmalteutlCals Ifldugttry No ~ ourrtlypaid tohim The Vice Cman 01 theSoard isSriCSChoudhury SnChoodhury isa ~aduate lIT theCormIeltce Sream lId islro Fellow mcmbet of the lnslrtute 01 Cost 3Worllts ACltXgtlmtanls of India lie has expooence 01 near1y 1M 15) decades vaoou Comp1ns 01 Enggtneenng Cltgtnsuudlon Steel Tea Tm1ber Hotel andPharrnacevlicals Heis due10 rNre by mtalion altld be1ng oIigible oers hi mseIf fltlr rtl-ilPXJinlmerll ill llgte forthoorrmgAAnuai GeIlerID Meeling Sri i(jl19shUk Sengupta is a B~or of Commerce and lias over 16 years e~ in higtgt-t-eeh COItStruCIioo pharmaceuticals andgtoIe industries

Dr Sha ibal Chakraborty MBSS is a repotedcardViogist and hascxperieoce inmedical professm for (NIf wgt (2) decades He is due to retireby rotation and being eIQibIe offers himselllolt ~tmern in theforthcoming Annu1 General Mooting

Sri Pradip KUlllOf ChMvorty e representative ofsmallshareholders ofttleCompanyhasnea~ foor (4)decades01 ~eperience

Dr As hKumar SenguptaMBSSDGO(car)5a reputodmedicalproctiliooer havm9exjJerience eM 2G years AJ DireclOO Other ltlan SoKajltli SenguptaCl1altrman 8 Maraging Director Sri CSChoudll) 1lfJa Chairman and Sri IGngshuk Sengupta alte independelTl DirectorsThe represerrtatioo 011 tle Boord 01 DirocIoo 01 cxecutiw viH-vis ncoshyexewlive Din)(t(l(s is 33 The Company ho rool entered toanymalenel SlQrnflcantrellSadionwithnon-ampXCUlM DOedorsof theCompal

BOARD MEETING

During the yeelt under review fiw lloerdmeetiroJs were held 011 3rd Apnl 15th May29th June 27th July 14th August 30thOdober2009 and 15thJarwry201 O

The lasl Annual General Metm9 01 tile Compo) was hold on23nJ September 2009 The cornposjlion oftheBoard of [)recIon and thr attendance athe Board M ~ng s dum thoyear and athe Annual GeneralMaeu and IIe number 01otherDirectorshipand Boord Commmee MembershipICllairmanslip areasoIIows

UImber ofother Dirodolslip 3Allendance

Comm~ tiershiraquo CbalrrnanslHpName ofOiredors om ~ shy- tlIgt tOp -- --shy-Shri Kajal Sengupta - - lt

Eecutive Director r - r S1lri CS CcYojhury Egteattiw Oiredor Dr- SlIeftWCIiakra~ Independenl

Nm-Egteculive [)rector r 8M KiI1gshuIlt Seogupta -

Non-Execulile Oiroctor r 3 Dr As1sh Kr 5el19upta Independent

Non-Executl~ DIrector r- Shn Pradip Kumar ClIakralCly NcltHXflCltIroe DIreclor r y~

AUDIT COMMIITEE

The Audit Committ rompnse5 at two (21Noll-E-ltecutive0iltecI0rs and one Execuwe Director The nonlXecutl~ Directors being Dr Slaiba Challtralgtor)i Chairman ofAud~ Committee Or Asts1 Kumar Sengupta Ilttrile Shri Kajal Sengltlpta Choirmen 3Managing Di-ecIor is thesoleexewti [)jrectof Dumg theyearunderreview fi Audit Committee meetings were held thedates at those meetings being 3rd ~l 15th May 29thJlflamp 27thJul)

30Ih Ocklber 2009 and l5tl JinJary 2010 TheW ofhe Comn1llee and tileattenlance at the rneelIngs of Comrrotlee ee ~ below

Or SIiIitgtIII Chogtkretgtoltt

SoKajlII SengupIa

Dr AsnISh KltnlrSIr9JPIa

Moaf~_

bull e e

ThelemlSofefeoleandtile~of~ce o1 lheArditCltnmllee incIude shyI Erampmg 00flIllkarre and~eIlitieocl oflllefnll w-nI system as weias ilIemaIlkOl

b RellieWing of ~s fInancaaI perlormamil 81 ~ intervals os til as ~ng of Ihe ~$ RnanoalN(OtIy lIlCISS ond COItUfIV FnaICiaIStatements beIor8 SltltrIIssIon 10 tIlelloatd

C ~soopeandadeQuacyofalltlfu1dions bodlintemalno statrOIY d ~ 01cnbcaI fll1dlngs particUar~le toelebof= t eoorgtOmlZllllon n~ iltJIprtrmg ~and po otllabiily asweiasrelated followJPadJons 1hefeoI

~oIAaxgt111ingSandardsandDildoslnnormsprescnbedunOOrlhe~Acl1956

f Disdosng ofIinni8l ilIooTIaion wl ertSUing its correctness 1UIiaency 0e0i0ltit and rIs oroQ llih SlDdlt ExdIange Regulalbns Eli IoOl as0IherIeg3I requirements

g ReoJoeoding appoilbel l reflQVlI ofexternal~~ olaudrt feesandapprovaj b paymentbOlher seovices rendered byille extemaI auoiIors

h Reviewing fndrgtg ofNlilobsertallOfltS and(Jibcal w ke susperoled rul ororregularity orlamofilIemaI rootroIsystemsand~ sllCh matterslOtlelloard

Re~ of mallers ~atrng to dIarges n ICCCrUlUng polices fIlIlOlt IltXOltlt1bng entries based on eunlsc of judyel ell ransactiortsn dI0irecIcn8Ill dlrlaquoli IlIdrredlyriaesee

~ RevieooWg ofheFnaICiaI andRisgt Management Policies oftie Company

k Revrewing from _ klliIle the Comparly$ SlaIUkIIy and W1tradua1 gt as well as fOOSO1S fur ~

~tany

REMUNERAnotI COMMITIEE

RemJneltaIlon Cornmotlee ~ 01 two -exerullle llitIdDS viz Of ASISh Klmar 5ef9JpIa Dr ShailaI ChaOtaborty and ooeeJecaCiW ()recu viz Shri CS ctwtuyVee Chailmall was blIed by the Board atIts meeD] heldon31slOclobelt 2006 TheCommi lleeis~by OfASISh Kumao ~ TheCorrmitteehBse--ad I01h row kllleIerlrine Ihe terms 01 awonment and rtmuooralion of ExecuM DilOCbs policy on renue-aboo packageoIheExecutMl Difeclorsand 0 inSIttiog leesas pad klllrtecbs lorallending meetiI gtgs oIlhe 80arC or Cormittees theIeof During tle1narOIIl)ampyenooeme~ washeldon 1$111 Ja ry 2010

The arnposrtion oftile CorrvnitIee andIhe allendargtte ofhe II lP ofheCormIittee-areflivel beIcM- _-Dr ASISh Ktrnar Sergupra

Dr~ Chaklltllgtorty

Sri CSChoudIury

-shyChairman

8

SHoREHOLOEfICOmiddot TEE

S1 dlIIos Coull WIUI fA Ine ilClelodoo~ llntrs yenIl- OrAslsh K-rw ~ Or ~ OI8kI tyllld Shies Claduy Va on _lomgted byheBoIItl aI ilsrneettlg ~on 311l~20lllI The c tie -lid Dr - Kumor~ The Iem$fA to fA s wO 01 v- ~ fA

fA IIe Ca__ 111 td we ~ ilt Illd 111

pe1bfAlII ~1lldsrT nclIlloIW ilS __ -clIdIll~ lI~

No fA S1dldlIIos ~lOlir ~

Nod ~ II Nil

GENERAl BODY lIlEETItG

Thelal~ lIIIWlgfA~_PIIIldItSditacl_

1HIlAW

umiddot Sttwillii 2lDI

23 s Jillii 2Xl9

SpKIlIIIR bull ~a I~~ 9S

One(ljSpecgtlll R bull _---e--clnlglhellinler~

No spolOIII-on bull P-IOr ~ fIIIu1l PliI biIlloI b ben

PtollliI e-t1lld W COl Imiddot ry -ar pill Go is II Setu1192AfA Ill Ca_ =L 1li56-c1 Cou_IPiIIiIIIg 0I1lli Igt ton lII PllaIiI bIIkil) ~ 2001 an eBCII WIlt 90anl fA Ondori appQi _ tlr~ -dI PtollliI biIlloI

ceccc bull Duolrlg h _ ng _ II __ ~ Oitean llIl1e

Moo~_o1lhIir bullbullmiddot OfIlllilioo5IralIllglll_~~wl-fAlhiConlpatlyat b Tlwn_ng lllilInceoi non-w lCefA iI)- ~lllIlliC3pltllclnlgIIIIlrne~ald

ee pili bull 0I1hllQs _ ~ on ~ by SIPIr ~ Ill SE8lIlI oe iIalIb) ~ on _1lIIiI8d 111 capIlaI __ clnlg r1asl (31 _Illd euepl uplIiGo n ~oI~s ShIres byS1Ddlt EgtchltIIJ 01 b ~ ~iCEiald ~hnebeen lI n _ tal CCIrr1parly II hopefUfA idla 01 sbove suspetlSIllII at eat dIIe

c n lull Ca_ lIlIolos eqlIo18lS 111 ~ obOul bel acul or suspelgtdeltl hull 01

fIeeanpry-lhDuloI PU

9

I

IIEAIIS Of ~l1OIII

cu _SDt~~~ l~_-ly~reds_

been ~ _ a - toO _ 01 ~lt)w hall ollie ~ ll AampdIelI ~hriI~rdJliShIdhlllI(3)mcnh rJecIo6eoltgteilnaroll)U ~-AIaenomalyputlllshld cnr ~ EnjlIII rei_ 6ongiI6 New i Vlz F ~ I B _ SlIrdiIrII (Englmllrld KaIInIir i PraIicIol I ~ I 0IherSUIIIblI ~ The ~ iss- IIIW5 ~ on 9 ~ COPOsle ~aoo aetiLties Scd1 forrmtion ~acl also beendislUycd from lime ll lime In theColrQao(s Wabllt fWNW~com but such~lioollasbeen madelolsJtulklnal inveslDrsorlolhelnliysts

RlSl MAHAGpoundIlENT

Tha Board oIlllretlors II Is meeti1l hekI 0Il 2nd lUi 200111as loIid- IIlII Rs MiowgGi(yni~

~bpti~IbIlhBoW~IIensllt ertnlbullbull iallllfOC1ns ~riIli bullbullaE_ ~pliC1t Ths~ bull ogli5llt~-nd lIuIrlls d carco-nj middot7 yog

~o- hebogoo _Ile~-b 80 bsl

Tl-onUltIlSb0 0iIfJI~ d-ndp 1-1i _ shy~ Roopcotioog ltiIl

TloeeIilCtllll_ -at-ly~anlllO

oDE Of CONllJCT

nw OooollotIal ~PlIlIdon2lld_2W1 ~CodildCoQclbtoe d~ _ tie lltll 01 Dnlttto-4or E oeo oeo s01SeniorllaoCoftgtlI~ -= _ WI oIoIos

1 To 1d1he 1--d and iOlcirrobOgMms 10 tgtlI~IdIlclneSt)o ~ aIalIy and ~QlI(kJllIllnlsetoes tl 1 lXIUItIlW1 and~ ITllFfIT IIld noI1IM fnptper Idvantltge oflhl~0I1he Dncba 5IlfIIlr~

2 To~wiIh p4ic __noIeoond-middot

3 To Id gcoIlIilh ~ u cn 00~~ and ltifYo wrthtot IiIcJwoJlg lteir deldoi~ jlOjlobullbulltll)lllblldio

C 101d IoerNncealdh~oflhe~

5 To ~ -sr hi - Goglny lIIIIIn _011_III I o-eIat he adl cu iorlle _~ wtcIlleltiQlOid lliJealo -or~hrilSUlI_

5 To lllId III cu- oflb I1ll lelllln of~ toe cone d 5_O-Sw=Ilae-DIIlde--telldloonbIOOpMrS ~_alIIlatIzedor~lOdo1doIJIlldlob --ilrn-og1lle~~-b-__

a AooOO 1SIjjIny1bilt~I-clCIP8JIYOoodros b~gIrIltin_fIIl

LitUIllllillIIbhlCJmpilnys

7

--

9 Nglo_wilIOl 8ClP8dauwd_ DnanIor_IftOIIII_grb~d ~iI wnidIr-ohctar-dncl1lllrlllt

I ItIiP ~ar~~d-1-dIllldwN bullbull txIushyAONbWho-w_ wu_tIlcUd _lldIca__ a-d ed__Ile_ttl_gr $ dariliMl d~arbullbullbullbull 1 pgIicf nlIll1-W-llr IllBowll_ tnne-cl _lgradllCbl o-sw hey-IUd__CD1Ir_oode 1gt10-- u Ccde_Seniarpaw I

GEHERAlSHAREHOlDERIOFORIIATlON A-r~ ~ OngrlRn _Soii _2011 ald 1

C ~ S bIlts ~~SliIonRcamp1 KtMI- 1llIll03

The Carnpaytskm l SAp1l lo31S Ylrdl ~far lrllloMlJIifWSb2111(ll Illd dod ~1ar4tl~erdtlg311lldaJdl2011llIwlildeoedasPlrClluu~1 dLiIlnIlAyw=t _ SUiExctooiglS 0alBooot lIltIsIn ThI dMIs d book drI5uI1I llOll4d be tolIXI d (1) dIys Nt- ltII nell ArnoI ~~

DMOond P- DItt In- dille contnoous loss flcurIed bythe CotrcIony no ~ Ilai been ecollwendd for theyMt 2Q(l9-10 ~ onSlodl ExchMgt~

SIQs d Company nlisllld wdh h Skidlt EcIIyenoges d KoIIIIIIlld MumbIo

Stoclo Codo

) Sbt CaIo d SIot Egtdlengebull tVtlIi

bj S1oc1 CadId SIot ~ Kobto C) oma I$IN

rI hStloj COSlIar Equitybres d ~ 1llpoundl12C(l11l18-- _fIl-golnlg _ O illlxraquo z zrd-tll

q bull w ShM TAgiMt _ _LId D511 llIgn 7lBRll8 Roio1 ~-700001

sw T S-TIIz srehAIIIt-__-~bnl_ poo _Oil ~1 Illd _ lDIl d 15ltiIys b doled IlIOIlIIl ~ bon__bull II fIIIl2stI bull _dSEBl IlJdlIIS CO J lzcIIJd9-T~ l--1lI_ 1IiZIIlnrWbull apICXIlIIIr_tl owh $ dlampijsd lOd 9__01_ ~opISbdemIl~ iD tl

llimil ill DtoixgtsIb Pa (llP) opIiol 01 ~ ThI Dol Pa jjlii z~tliMlIOlIlIair _tlCciroIPWl liang_oil -lopleXl OnleCllPldllW_ ~ dIbullbullwtleilalilwe In_eedDesrDlgdoiIIle IX~despItjes__

--

--

Diol oI Sb Smiddotmiddot~raquol

bull 01 ToaoI SlIiiel C ~ltI 5110 lOll

a 101le 500 501 101000

UlOllO sooo 5001 10 10010 100011020000

a 200011050000

bull llUl01 101 OJ000

bull5

~ 00 00 1IIl r

ss 0 6211

a 00 n oro

O~ 01

bull Q

un

as OIl 11 ~ 2ln

T fo or ToaoI sushysea 0)1

OJgt 1022190

91 an

611655 ~ 169999

~

~

Z~

Z~

~zsoo

1101 SIIoIII S 1gt- of 1M~

_shyshyr-Pluo ~_shy-

shy

Foreq1~r

~IioIHI_s

61~100

lIZl00

sss

- 5

315S2 3394849

210299

-500

41101shy

az

bullbull t s o

100bull One bull jz 01~

ThI_~III~_OOOOP_ (1__29lgt~2O(I-t do ~1ICi9_e NStlOllI51l 2001 n aJSl illI -ltIIrIay 2m1 Tl3sl WitId 201O1le~ll driAzlo~b4 3801Ifot ltlCl8fool

-OUTSTampNDlNG GDR I ADR WARRANTS OR ANY CONVERnlllE INSTRUMENTS CONVERSlOtl DATE-ND lICELY IlPACTON EOlKTY

n~ -1lllI_ 1 GORIADR IWi15 1~ nswmentsanl hence lhn IS eo ~on re E~~aIhI~UIrgtltD oIIbcMOlStlmItlI$

- COCA SertIOhlushstmled KyenbIIL SovlUSIilIol Fad PO ~~ 100 103

ADDRESS FOR COAAESPOMOEMCE Forllnleo del 01 crollorqry -olllhn nlniIIIInrlll8lad laIied 5enbo~lhiItd 87UnIl s-~ 700 013 fue 03322178915 896 F 033m5911l5 22178917 E-IIl bw Jlu LillDIlIII - _~

AUDITORS REPORT ON CORPORATE GOVERNANCE TcltSha- It CIISenbo uIId 1 Wer-_ C UGh af ~aelfsnInlUroe$~b

Inlng 31S1wtf12010 flaeltf9a1hblnagodh~sxt Eoct 2 The_u dw rJw 1lMl 15 hesogtsblll dh_yenel CJI6 I

_Iiro-I tl~1II u ~b)h~bIIISlJII cubullbulla COidoo air COrpnII - M aid_ a E4I d on hOII 5t_d~

3 QIopIUI roIllI flit tc aI Ioo I kl10e V- tl _ adIIyh ~_wl4W w ~G z In__ 1IIl4Jbull We 1Ia __ grbullbullbullca REgiA amp Ston i C s shy_ d hi --a_CBIlIocl_ason 31S11oi1rttl21110 lO r-greaald9 1lJIOIIl_~bl~~tneoncnll

5 We adI ultr5IlIrIJIDIastlUewdfyd~ngr or bull I ~_amplel~tle~attgte~

For RAJESH CHATURVEOt ampASSOCIATES 0- __ bullbull

Itbull Po

~~~op No52a

AUDITORS REPORT

TO THE -WlFRS Of SENllONXJSTRESlMTpoundO

WI _uMild 80 SrIeeI d Serbllrlllustles InIIlM1Il3111 rlIrdI2l)10 r PrIllll l loI5Aalull lorlit liM IlIlIlil c--edarcI Cash Foo 51 161 lorh petllXI endIol on IltI dIltTt-ir8alI lolSnllel_d~118JI0u~ ~eonss Ol)irIoingn-kvOiI lolS-IonOlladl we _ ~OIIaltIIlIU AucInlSlirdanllge bull Ej hiiL n-StIi(laods Won ihel we plala petbm Ile kI ~~_illouI hlCiaI Ieare free d eA1IadolnUles_ bullbulliG-ona_tlaSII~Q~Ie_itld~

1hI1iN1rrili111 olSMallClUlecncUlls gOeaexDrCHhiCl(lllSllSIditldliUbullbullbulleoa I made by lIliiI8l8ieI III~ r0YIIlIli lrinIII $ e=-we belevelltlWlaDIptllOOde$l -onable lIISi5lorWI opirIion Wereportlhal 1 All ~ by he ~ I Report) QrIler 2003-ed by CefVII ~ SecIol

221(4A)oI the ~Ad 19$1fld bullbull1lIed YCJ~ we endosoe IIheAllnellft1 I 6donhe

ta

--

focltl iOjA4an1 5of1tlltI ~ 0rilPlt 2 Forttgtelt 10 oltsltOIIIITgtI1l intheAAnexUl1l refemld 0 inparagrapI1 1ilbove we ~ lhal

(sl We hIM obl3Ined ltII b i nj elQla OIlidl kllhe beol 0I llU IltIooIIeIlge and rae were oecessaoylolhegtUpo5eofcur~

(h)InQJr~OO prQ)(IbookJ ofoxountasreqUred bylaw hMebeen llteptblIe ~solaras~ rQm onllamplTlalioo dhose books

(c) The 8alance Sheetnj Proftamp loss Aoourlt 00aIl iMIl byh$ Report are inag SEll IiCIIwil1 the books ofilCCOUnt (d) InClI opioioo ee Balance Sheet ProIil amp lois Acoount amCash Pow ~ Odh IIfAacultng Slaodiods

rlIotfed inSectioI21l(3C)oI1h11 Coo IlpanAct 19$ ill solaraskSlardarlls Up1l llhle to he~

(ej 01111e DaIS0I11l11811 ~oIIltnl recellltllrcentm lho ~as oltl 31ltlllorch 1010 -IlakM onrecoltd by he Boanl of DirtctltlrS W8 rcoon ltIalnone rJ the DillJdors aAI ~ ason 31S datd12010 frJm beng appl)i1ltK1as DndI-ltOnlhe---g0l~27 4 (l)j)oIlIe ~Ad 195E

(~ In opioioo MIl III Ihe best QUI informata1 andaaorIlng to the ~lions lJnto us lheS3IC financial_r-d no_WIth It Silt1Nfgtanllatu1tingPciOe5inl subjello ~oI 11~~01 BoniS GralIiIy LltMI EroaslYrent lIrId~ reeeeee COl Sltsu-Ily )epoKCtfw3I UacicaI $lcrliSheltmlIIl101 wIidltaanotbeendee1millad Notbull bull regardlllgroorgt-chalt gingoiRelteSlCOllnter~ 8oowllIfroma~~ ~S on Pamptj~on Sorory~ampuy Aibs lIrIdlC8iSand~

~ oW lreganlilg~or_dwithMibull F Kbivt UltI tho_lO Notll egarding ~ oIAotoonIllgStandard 1$~6enefds nllle AIallWs

1gt1 bnirg pall 01 SdeduIe 22 flIllCI ~ -Mlh oiliernolM lheren giesfie rIorTnation ill ite mannerso -ec by 1he~Acl 1956andgivealreandlatr Iij Inhecase ofee Baiance ~OlllleSlaleoti1l1aQCorr4gtonY31 Motttt -00 (il 1iI he caeoflte ProilampLossAIC0Iltgte105$ for IIfyell elidedOIlltlat dale and fli) I Ihe case oftheCashAow Statement0thecash lowsoIthe ~ tJrlha lIaI eMed on lla1 dam

For RAJESH CHATURVEDI amp ASSOCIATES Chartared Accountants

RClgtatuMOi- Dateel 2811 May 2010 ~MobMMbullbullbullbull

ANNEXURE TOAUOIT(RS REPORT IReferrtd to iI Paragtliph I 0 _ RtjlOl

1 In respecl ofis flxedassets al The ~ te5 ~pIqlliI reortlosllllfl ful ~ ndodng qumtoIYe details anlsi=lion 01

FudAsselsonlhebasisolirlJrlnallon8Yaiible h) kgtorrIng to ee iobmaion ifld explanalions gWen tousee Fixelt Asm IaVe beer physIaIIy-t by the it~alreasonahle lIlIlVaIsand no_ClISCtlIaICle__ongtltdoYftrifalioon

c) II cu- opnon he ~ laS 001 cIspo$ed d subsIlniaI pall of fiMd assets dIIingIIIe yearanl thegoing ll)rOm $I31US oIllle CompenlIS flOI 8ffeced

2 In rl)Sped ol lllY8fl1lrie5 ailemiddot I IF Old II us ~ SIIri dlinlahad goods sbamp lllIamp ~ argtl raw itIiIlera6 exoejIl sIocls ththll

PIlies and IaIl5Il dal a ll phy$icIII~ verified byIIIeiNMgemeot al raasooarMe rlleltlaiS blmourLlJllllOll andaccoofug tIllhe ir1bmalictt 8Ild~~lolSlha proceVesolJttysica

II Adlts foIowed by ~ -abla argtl adequate rela01cent Ihf size d Iflt Coo1pany and lltueolils~

cl Pol eplaled Igt thediwepancjao nolieoltI onnflclloon bo_ It-PhysicaI Slrlcgts and IIle Book Records oIlfIelevef material haoll bee~deallMIlhe booksolaccoons

3 ln~oIloarr

alThe ColrQan dunng he 18 ha$ taken ~ loarts 10m Coolanies isIed n toe RegISlel fII8IlIained Ofdmllll dfleCorapeniesId 1$6 dllSal3llanliillilt w11ree

b) respeetolloans and acMnces il1he oIloonsQbVthe Ccnplyt)any~sla1Iwheltesbpulatms havebeltln made partiesistilllls havegeneraly repaid the atnOIflli as 5jplaquo j oIterlanthose written Qll ltltrIng treyea

4 In OU opiI1ioo 8lId 1 Jollie io1omr8tion ilI1d ~ 10 us eee ae1ldeqJI1e i1temal 00fllr0I prooedures~wiIIllhe sizerJlhe ~ llIdlhe_rJcentS OOsiness lorthepurdlaseolstwes shymaterials irdJIlng 0CWfIP0IIIlls plant amp Ichiy ~ and olher _ and lorthe sale of llJXlS 8lId servilte ~ is regolalt intaking rorredM -eswtlenvll( major ~ in iJlemaI COOIrtIl are 0 31111lt1

5 InCUopnioo and accllI1Jing to lhe bull ottand explanatioos gven tous110 transaellOnwas madeb- purchase 01 goodsrodma_ arid salerJgood$ mariaIs 8lId_ III purwance 01Clllilaets (I 810ge0 l8IllS entered in the er malntaioad lfW Section 301 oIlhe CompaIieStltt 1956 andagrpgalilg o1rigtg the year III Rs 500(00Of more inrespecl ofeach Pall)

6 The Comparl~ has rd~ anydepolIbfrom the pubic inIl1IJIIIU 01 SecIoos 58A 58AAor anyolherflOyenanl prtlVlSlOIS ollhesa

7_lIOUI opiMln Company has lIrllrrlemai Auditsystem 000 lei0SInIeWIIh ltIs size and thefIIbe oflSbusJIess 8 AalmIlgt) iJIcIrmaIioo and egtpl3llllbOnS gigtO kI ustheCeMaI ~t has notprescnled 1eniInce 01

costrecudsulS209(1J (d)ollhe CMIpooieampAa 1956 bany~o1 lhe~ 9 Inrosped cl S1IIu1orydues

a) Arcming 10 Ihe reoords oIlheCorr(lany at 0UIWndng dIJes In respect of Providert Flft1 Etlploees Stale InslrarceWilst BengalVAT CervrnI SalesT- 1rgtCQme Taxes rmSI rknoiplII Tn F IorPolutioo Conlrol Tradii Wcense and tire liclne eamp haVl eeee paid du 2OOS-10

bl Aoord glo tile~ follJfId egtpIarIaIiom given 10 os 00~ or~ amets payablei1respecl aIiPlCtNTllltl sales au WSIOlTl5 OOly exose dulyordues peyIIbIe 10 any olher SaluloIy and II](Local ~

were oolStnli1gasat31 $I Marth2010loraperiodd rro-e tlao silt ~ from Ihedate theyeeeerepayaIW 10 The 8CWlIIAaIed losses oIlhe Company at theend oIlhe fio1niaI )Ilar a Ine= 01 its networth I has rcuml

caslliosses duIngtie l8 iIIIdalso inthe previous JnancIlII year 11 The ~ has notOOIaultedInPilyment rJltlues toany fnIIciaI lltllliortorbankorltlebeo1IUes tdders 12 In00 0lIlDl am ~ III the ~ an explanalion grven to us 00 loans an acMnces haYe boon

pliedbytie CompanyfS1 theblIsisrJ$lllUIIybyayorpledge ofshates debenIIresan OIlIer secuilies 13 In 00 opnoo the CorJImy is nor a chl bld or a r)(IlVrnutua fundIsooely Therefore daose 4 ( ~~I rJ the

Coo-nIianies IAuliIor$ ReJxx1) Odef200J ltd as amended upto-date iampnoI ~ IllheCompMy 14 mour opinion the Canpany has notrIeaIl or traded in shares ~ detlen1urelts aod 1lVeWnen$ ThBreliJIIl

clause 4 I) olIM CD-npanos (AWibs Reportl 0r0ar 2003 an 3$ _idad upIO-dala is ootaPflkable tl the

1S The ~ lias nol980 guaranleesfor loanslaIlten byotIer$ from BanksorFinanciallnSlillJllon$ 16 The~1l1asnot~ itlynew mm loans (Urg theyear- The Termloans OUlSlandllgallhe bullmiddotgrJthe

lUwasril 17 ~tc the formation an e~given 10 usandonan overaleaminalionol theBalaa Sheelal the ~ weare 0theopinionIN no $horImm1oarl$1Ia been usOO lor long IIm1 tl esIi IIII ltIS

18 lloong the yeartheCompany lias nor madeanyprelltmntial allotment rJsIllfts tl parIIeS and companies covered in theregf$(efmain~tJ~ 301 al theCompaniesAct 1956

1gThe Company lias nossuedany detlenIlIres during heY9i 20The Company lias notlta1Sed any money byway ofpubloc rssue dnIg tie yei1II

( 21 In ouropnion Ild laquoeortIngtc the iflformalion arld xpIinItiorl gwnlO us 00fraud onorbytIaCOIl8Y has ~

nlttioIld orfIPOII8d dumg ee year thtcauses thefinoncliI satamanl$ to bemalariaiymissaled

For RAJESH CHATURVEOI ampASSOCIATES Chaltta-d AClOInlmtt

RChatu-di

PIacIl Kal Dated 28lhMa- 2010 ~libeis1 shyNo529llI

--Balance Sheet as at 31- March 2010

SOURCES Of FUNDS SHAREttOUlERSmiddot FIJNO _ -

APPlICATlON Of F1JNDS csers

IM$--OlIlgto-=-o

shy

100479000 2 92680000

musUIlI

3 1~zn245

194272245

rot )9$411245

bull 321969 061 - 1410U6ll

ClJRRpoundNT ASSETS lOANS ADVAIiCESu bull __ C81t 8lai8-a I-t

Sbull

U~356 72152(1ll71tl610

n 1-sTUw)shycww

I bull (872lillllll

u eolor taaicn

nuoo NET CUIlREHTASSETS

-(21129111)

Pfl()fJT amp lOSS ACCOUa 2711Sotl$l

rc 3910431245

NOTESTO TIE ACCOUNTS 22 Thf~~ t1ooe bm iIf1 gal part1If he Ballnlo SheeI

In _ aI(Ill IIIllOI aloMn dale 8IIlIChed

tNrdgt]t 2Mlt

1al4790lXI

bull

muSllOID

211Jamp33ll8 21 ~ lA33ll$

( 1 S02 311

321J2OS]( 1S7 7llO 6GB 163929iI66

li3 t 2U amp6

01530 72152(7

11 213 701V

11576833

ro 1161233

16IU2(

4I S02

lor RIjMII ChIturvtd amp Anoc_ For Itgtd ~d

c_ shyA~i8b -e Kolall DaIId 2811 uy 20 10

C $ Cbcudhury KaII s aoptbull Viol 0- ow- bull bullshy

SK~ Gof-IFuIc~

---

--Profitamp loss Account for the yearended 31 - March 2010

Sd 1Wdl31 2010 INCOME Sale 0TltiiiPrtOoG cow klcJuampeI~) III SkIdlt 97l198 17878

135125ot

- shy

FQor gtlis OtlerII gtlisee-J

leoSOibullbulle-- -COW-SeAng amp Pnldua De I bullbullbullbullbull --Ilems aI ltIlmllle yNr

n

ts te rebull

11)49028 120932 m ~12J51

2fioI7454 195538 6928685 6 ~7ampM2

5861 892 2929647 921633 92216

16on064 13822019 aee 158ll3ll

ltm s

PROFTT I (lOSS) PnJlil I (los$) bebw ~ (330542 4)) (25040611 ) PIoo$(o b ~ - FBT (10400)

(33054243) (25111011)

J 17~20

(238383798) (21 31530011

(271 1SUS7) =

For IOJ Of )tNI d lIlo 8tgton1

C S Choudhury K1ijal Sengup~

Vici ClamIa-l C1IiimIM amp IIiIgtIIloWll Dnltlltrr

s KMukllopacfhyay -~IFn1naJJ amp~~

NOTES TO THE ACCOUf(fS

In IemIs 01 1M reptil 0 (MIl rIaIe attadleIl lor RajKh ChaluIYIIdI amp ~t5

R ClatucIi-Dated 28th May 2010

- - - ---

- - -

bull bull

SchedulesForming Part of 8a~ Shelaquo F AUI middot MM~312009~3121110

~

SHARE CAPITAL Auhoflllld -- shy~

lllilOIX~_ltJRsltl-_ 120000100 ampaooOOO

luued Subsaiblld Paid upJlIlIOIlIl~sr-ltJ Rs tgt-- fullllI Ult_- - - -shy

104909000 104900000 I Oli HICl Eqity Shno 0 ltl- YlI_b__ - 50ltI (lOO 5091000

- -11 o000DOO 110000000

- SharCI _1 A_ 1S21ooo 1521000

01419000 106479000

2 RESEIM SURPlUS roo ~-CapcentlIwbsidy (Gcwl Ql West Bengali 1SllOOOO 500000 _ 91 13000II 91l31ooo

9268ll000 92600000

2 UNSECURED LOANS From eeeesCorpaote 194272245 21 7343388

194272245 217343388

8 FIXEDASSETS tEPREClArntl _shy_~

~-~~

bullbull bullbull ~ bullbull bullbull bullbull= - l Ol20 ~ D1 [)I1IXamp _

111lllll1O 11Ollllili ~ -~ -

~ 1$1 -- ~ ~-

2lt W - rWlro til1 TampI s

_~

I~ _ ~ ZSO~13relt 21U8325DlgUO gt5~O IG lJ231ae 390428)1 lIJ I3 m~l08

920 -~ ]100) _113 Zl(lllll~-

ll~ SI2 T3 1J2 M~ -- - m ~ 511~

_ I RIiloo _133lt0 romiddot ~ 611811ll 1138lt20- I 11 oIol ~M- - _m

IIIlt shy-- l1t12I571 2400II l1t 1 51~ - ~ crbullbull 163mllRi m ~IO3ll -l2alte2to l2TnO510 1IJg6l5111 11Il22OW IU lIOlIOlI T83 mJl(lll

-~

18

-~-----------------------------

---------

Sehtdults Forming Partof Ba-- Shell

see INVENTORIES As -en-ee lyNuCl

shy--shy~r omooos _bull Clro- Sa eo CcocI Orooer Sa C llcUIIW

lMs PIIl_kw~c

CASK 8AHK BampLampCES c1It-_amp__ bull

cr~Sd

ocat b a- ( (00 _ 0-_1

LOMS ADVANCESbull shy~

1vJ ~_etl 0

II_Clfb_tlt_ AMrakwf = _b - FB7 (fY2IlllI-lI9l _ FS T -Y2llraquo- tI e-PLl

1Iwll ow F- ~ lane F- PClI _ Tax AI ~ InpIlIVlTIW bull

s CURRENT LIA8lLIT1ES PIlOVSlONS ACURRENT w8IUTIES0- _

bull SSJ lnt

-- shy- SeoIII) 0tpaM Reo 4 o8Cl

rMra F o-n- ~ IPl sad PaIl ~

bull~ FOR TAXAT10H FmlIlIInIM Tax

ts

IIIwcb 31 2m0 -

6111$ $ 681 fjl

U 1U5S 1991 53

119904163 ~n9~16

1l1527

2 ~ -

UOgt -

17 bull lgtS ~11

om SlD5 211503 ~ ~ ~

-

8718610

lt10901 S790 151 -wm

310(0) uo48ns_

( J MardI31 2Illll

shy21i21l6ll j$~1

~lSI

1( I1SOOJl2Z

11713 ~ 1795 11

12lsWshy

lW111

_137f

6913201i

2JOgt rea

1Ui

l12n1M

63522501

3100XI

11576)33

ro 70bull00

- -

--

- -

- - - -

SltheClIles f ormingPart d Profit amp LO$S Aceounl

10 SALES

-~- -- 11 OTHERItCQME11-[ melt

12 flaquolN OPERATING INCOItE LatIy lnt1en Ilad

13 RAW MATERIALS ~ Slcd01 Raw ~ Add PudiBse Duling he year

less ~ Stock IIntten 01

__ less ClJsrlg SOdl

15 UTIUTIS - POorCf amp fue l

FltnI8OOOiI shy_=00=4 of ~ 16 PEIlSCNtlEl EXPENSES

Salary Wa1eSEltgtlus ampExQlIJl wgtltl~

Co ConlrbJliorllll P ilIId E S I F fICmIrOW_~poundlC

Stl ffTffin~

LtWm 8 liwiIs

17 Olli ER EXPlNSES AlOIo FlernJnn1lO1 B3ltkCh Books amp Pto odicaigt ConsJlanc S service CtIatgts eooooo Diltectgtf Sitmg Fee Oonaion amp SltIbwEnt9llJirlrroerj bpelMl$

-- V endIltI ~ 1 200IIM~ J1 2010 h

- 2(6557 l4t64

lJl17li 457449 172899 _ - ciJ8S

420amp82

420amp82

~62U68 1441323 96691 l294m

2111359 21421 00 162n

2050~ 2742100 501554 2621168

_1~9 ~ 120132

194905 sbee 407285 ~

Zn1 1~ 412351

2320 ~J 751578 24367 17lt581

15379 ~

264745C 1guraquolIshy

OI0tTO S4lll292 370512 35096

17412 19J11 ~ 911 138 574902

6928ampamp5 - amp471gt12

1890~ -zsesm a 18793 4308amp5 29864 207818 152574

~40000 ~ ~

55189 ~

-_---------------------

--$lttdules Fonning Pillof Profit amp losl kwunl -

FIQlIy Fcnrc ~ RligisIi 01- shy shyPlIge amp_Ii Prning amp S -_ Wi _ t XD - shy

VIhdI a -

UidbullbullJ- 5aLJrtG amp PRODUCT DEVaOPllOO

Elwo_ 11_ C

e shy- shy CgtWltGES CIlCllfl CrdNc

middot~(IITOS bull CIlE$lDl-

shybullllII

ITE-s MllTTal on DURING THE tElR ~OIlIIe _ncIl11ngi1r___

21 AOAJSTlIENT llfLlnfG TO PREVIOUS lElRS ~~ToPt

---

IIIrdI 11 2lttO

293~ aeses 2013

3 67 37 37193

31 lOl

~

_~l-m

V

scs 2671

~

-- IampIrcII 31 20Ili

shy321581 271850

92 312102115875

~ 500 ease ~ mno10 ~ 3lrn

OW

eo ~

m me

nM

21

n IIOTU 0 ACCOtIITS Slttw- tlmnI prI die ilalfte srt1Il Istllllrchola nl PIlIIII amp 1JIIs-aul trn _ -1IlliIlI31YIrct2C 11

t Sifi_Ac bull shyt _1 8o$lS CFACCtIUN7JrIG Tht~ e p wl-MI_UlcstOll__l Ol atCIAIba5lSd~

C_ lIOltUSgqIUI)lfICl- i1b1el1l~ c__11IO

oonplyOllfltlt~~ ~ eolAaNIfSWdilnl) ~ 2lD6 puSUiRlc5ecbI211 (3C)1te eooesAcL 19561 lto6lmiI) Gle~ ~ ll _ (_ CAAPI ~andft~ pvmIOOS DIN r~-1956 Tht~ pJlIQeIl iQCQIlSISIonampyamplplledbyN~

12 USE Oa STIliAn The_n_of~~~OIIhGAN~~ lDmakelSllnllllC ~ fllIlllKttlt r8pI)1ed-td _aod- ltIIodocltre 01 ~ngenlliltlillIes

bullbullbull_dbgt ~ tol -l had pjoesrilrng IIMI ~ penxl ~~ 1IIilinaIIls b8sed l(lOII iitSmiddot be kloItIatunwl ~CIlUOJ

3 RXal USETS fI F_-iIl~ oxa oleUeoabIfII1oa 1C05IIICUlli5 IIIGUei llclir-wh tJitS-mcubullbull__

Ib)Tho~_rJbed _d__QnMj [ ~

laquob)i u lEPRfQA1JC

00 bull d -1_cnoodIl CIIIIriiIgb me ~ lillle-~ Slt1leOjo JNrJ ~AaI956 bullbullbull_

~ e-LCIII_~~ding 1efW _iii dlldl e-ertSaly~oo__ bull bull Ii middotded~r~4~_d_

15 MPARlllEtITF ~taehilllalCli SIlIlIll_iDl __ Ii CIIe__~

rldicIIt rt ifllleao_ ~ 01 bad _ lt1Plomgtooed N pa_ lCJsI le1 _toe lltT)lIlll_fII oIl1e ~ lib11 tJIJIIJ Cash GEsIili lN (CGU~Of ollelexceeds_1JIfiUt Tho__ Ii hi QIMkI d1lgte_net ~1IOIiI$_In~vaIle ~ hees~matad lltlft cosl lbw mUle use ollne aiiSs diIcounled 0 Ilelr Pfesenl_ 011 WIlltl_ M ompAtTIIMlllCJsl is~ j tt- _ --linllertlCOYlfalll onanlrld sunlrlss_OOIorgor_OfModicgtaw ~ Ioa l JlMnIIlterMa ~ tI N carrp1J -01- _ Mlil1 case d CGU

7 I Jok CIII~~

11 MfIlTORIES (___~ t_ ~ -cIII~d

~roolSldlel I ~-_aI _1ot-IIIDdQn5

~___~COIlf~plOdocII_oelDI n DbeJddampl7ampblgtIealll ColIiMlill- shy(bl- __- __~hsIoecgDCII2I --=lIl_dalilnnll

II ColI d a- ltIiel IItnIr _ pencil 01 _

~CllljO _

11 ~ a OGCOSTS amp0 g_hl~tI t Of~olhec __ iIo-t ~aolglgtltdgt_ _oWIOcoAI_dWgoltltJ~_

22

18 REVENUE RECOGNITlON ~ tom the$3Ie ~ goods(rouong TrllIi prodJctloo1 Ilottlesl IS ~ t4XJI passage 01 titleIe the cuslomen wtgtidl ~ _ Iheir ltIeliver) ~~ -y cui 01 gtltu ltifIe cIiimr 8lc altcOunlted rasand hey ~ fnaIydetlt1rmonod

19 PROVISIONSCOtITINGEl UABlUTIESAHDCOIffiNGENT ASSETS lalA pllOISIOn IS reoogrrised when theCUI1pal) tlas bull n-Jl otIIIgaoon as ~ 01 __ -l ~ ~ an CkIlkgtw 01 resource Of t ~ 10 $OllIe the ottgatiltJn in respect 01 wIldI ~ ~ _ be_ ProyenIIions are not diiowlId l)~ ~ ond a ~ -d (WI be5l OSlimate ~tl_ the abIigaIJooat he -e__ These _ atNd baJIIoce sIleel

d e -l~lO fllIoa lhe~~l~te

(h) Cootingenl labfllies ~ byY offICIIe5 IC (0) ConlingenlAwlz~ Y_egtlaquoepl lor lho purposed _ellol-

110 lEASE Sne 1(1_ has beenlICqIOrOO to-PCl ~~ l)pe 01wiI be deIenTwgted WI

~ 111 ACCOUNTlNGFORTAXESONINCOME

In-01 lilt lossb tie year ltJ1der revi Taxeson CuretC anIDeleltted Income have notansen

112 SEGMENTmiddotWlSE REPORTING The~eXltiJsiwe~ 1$ maruaeturinJ yenIll lI 0I V Fblsnl such in theopinocgtl Qfie Ibr1agemenl ttIil is lhlI (IIy lepo ~~ ampe9fIIlOl per AcclInng SllnIiard 17 on SegnetC Repor1lnt =oed by n - 01 Owtered AaxgtuntlolS or lnclol There 15 no ~ GeograpIwal segmenleithelt

111 EMPLOYEE BENEFITS (I) llelnod COOIlIbtlJon 10 prQIIidertfind ard empIo _ 0SlGII00 arediared Ie~ amp loss 1lCttUll 01 fill _ GleQlIIIrtbulions lOthe~ bIClS n 0JIlThere ate roo 0IheI 00lig81i0nI Ie Ihe eo IJIt I oe-er lIaI1 clJGb6Dn payable to therespecIMI-uy illIIIltntJes (b)Mninul1 _ or bonusasrgtcgotiated fmm n 10_ os lIo1W oCCOIJlted arc pood ClIIIl basis 0$1 -dQlllSlSlfrqt (0) No _ llInIIfit5lCthe~

Id) A molteltolco_ y_llerooIIin lhebmaigraUlyisllilllltraquo_ ed oncashbBSltl

1 _1~ POLICY ON EARNING PER SIWlf (alBMcNrnig persharelliltAlQ ~b)~lhetgtet~OIlossallet end rtude POSlIPeeclolany ~ ilem lor the peroltl IlItWtIlo Il~~ by lheweoghled ~_deqlJty shlIe wtsIMding dtgting ~ pergt)I1 ThegNed _ 01 equity share$ 0JISll0 tUroll tle PriOd In-fore_ fgtCiUdirIg a txnIs iDoJ tIatUI eleltnenI 3 right issue spill d __ or reverse tPl (1elXlISOIidaIiDn or_os) lito made dunng lteV-- (bl Forlto purpose or llIkulatJIJ ltlIuIod rmroJ per shire Ile Il8I prolil d ltJfl penod_ eqJfy 51eIclldelt n tie ~UltJef ofesQJDldo ltkngtg1MperiodInedforleellecls d II dilutive poIenIIIl d laquoJI- shy

115 PROVl$ION FOR TAXATIOti 13) Tax pense for1M)83 ~CUfeot ill ampdefMed isi1cloled Ie fIIt pltolit (lossl fortrleyeor (b)A~ IImadefortheCUTefIllagtbMlOlillIiltlOity(ltJmpU1ed 01 aoordancIe _ RlevariIlagt raIeSand ill A Pfl5lCl IS made fol cleIemclllDl for1rr9 ltttrerenltel rIsing and liCOJUOlg _ alarreotty Ofsubsl8I1Mjyenaded (e) ~ Igt-Is are ognised 0fIi) ~ _ is certainly 1l1111lhey wiI be INiZe6I1ld 1IOewedfollle~mm sheeld8led1letrIlspectivecarryolg_lIl11dlballiltllte

116 FOREIGNCURRENCYTllANSACTlON ~ applicableFltnql orn=nq lrrIsaGtiolls are accounleltl for at f1e elltolrlge rale prevaiing at the blttnsaction dilte Yearand mnetary assets and liahiitiesItIIoreignournrq are Ir3n$Iated allIle appHcaOie year end e chaoge ~andlIle ~ dilIeo elt ICe is eoognrsed $gaOl oo lorhe ytII

2 In tleopihJndlgtt~ Iho maM3llIe_ dlllaS$8l$[ eilherheentire~amp~ ling Ie 1rftVerwus Fbl ~~ tle0fIi) CGU cI ~ or Ile _ I tlNll l1Ier fIan tIo$e Ii respeclMCltlII)iniimlUllalLId1 assets no ~_IIason trgte Balance Sleel ltllte

lal Bank ~ fa 01 W8$l Be1l1 s_ ElltctncgtIy DioIiboIiltM ~ lid m

(h~ Claim agaiosIheComooy 0l0l ~ 3171849

(c)Oarn01 cerw ExCse CIuty InIer ApplrIl kI Trtlur8I no818

4 Asrc IleIeSlllls beenchargedOf1Ioler-Corpoltole~ he_lias flO beeoleswnatednj ~ n shys Partl OOIlfJrnlaliolt in respect 01 outslar1di~ balances JIr SuIlay DetbI Sltnlry Cltedl1DlS Lwns M~bo-on - inlrl OIIII$Idenolio1lh__

6 The Contrtd _ MI$ e- 81goroeemg 1M COo~adtA IISPObIe for Renovatlon wonlt at Fadlr was teminated dlIlI to pocI and sub-llarolard~ 01 wo1lt and maleliaIs At prtSeI1I hmalilt isurderfillg3lion

7 On iilllleial- ~lSioId CllIlridol~ djotlbyWs FreseruKab Pvt ttd (Fresenlus)1Iith eII8cI JrorIl ztSl Augull 2OOl5 fie -1t 01 ~ _ F-_ 1OImOa5e in cowetSion lthave Godown Iml Vat IDS tlfuMnl $aIIp by hit ~and~ of F-- has enuo oed UI~ cliIIe an no 8lUSImIIthas bftnmMI inherftIIIIld aaolIlIS thnfor

8 NJmaRECEVEOGAlNSTSALEOFPlANT ampMACH ~ E RY

At ~ tgty me Cornjgtony sctI--(dIi 000lt1 ~ -- amp FducalIon l id ~ JtImne _ oIRs 315 CtCQ edt ClIt ol Rs 612cnnsdUlWlg2009-10 iOJIinSl- 0111 Fluids 1Tl8I1~

maIonenes for wllCtlappmpriae resoIutioM -e passed tlf the- Companfs sharehllderson171tl ~ 201 0 Thoi Wesaid -m was ustd by he ~ IIMartlI ~~ 01 unseated kHI J-d from -conponieo

9 MIslment relathg to pr1lIioo ~ ear amounting to Rs 2157641middot ~ net 01 ~~ br Bank Gunnlee released by Bs1 ~ 10 R 7740121- party dsll bypro perod Alary Ib 37097shyrlIenlSl a-o dN)ood ~etarges etlt Rs 371 151middot01 N $arne year

10 MICROSWIILU tpoundDlllM ENTERPRIsES The COnpano hasflOl recewed Ifl IT 0 bull as IIqIJinld 10befledWIfIlhilllOllied ltlJlt(nIy UIMler 1le cro SrtalI JtId MecWn EnIefprioes ~M 200li c1a1Tlll19 tler S131S as00 31st March 2010 (and also 31st March 2(ll)9) rrntroSlIaIlard medlrnenlerprises~he_1Slicl payabIf klhlse dUIWIg_ l_~__l iS nl

11 The ~ III yet to fto -V adopI~ Standard 1S EmploY Benefits (lWes 20(5) issIed by ee 1nstilIJIl 01 ChaIltred AccoulItaols 0I1ndia ant deliilIed discIJslns reIaWli to Oefned Btnelil PIons couId FlO be fnidellollcrnonlS andRe9ortshy

12 RElAI ED PARTY DISClOS~RfS

DiscIoluesasreQUredJIaxulIilg Sagtd8Ill18aregoenbelow

LdofRm~~s

SenboEngneeMg Limited se KrojaI SenguptaErrOclln 81gi_oog Pvt lid -- shy8eeni I-IoIoifgs PIlI tid SnC S ChedMY

Dr Sll8IllaI 0lalCI1D0I1ySenboEnm ampPvt Lid SoFTarIp Kumr OVIkraOO1y Or Asilth Kumar Sengupta

-Trrnsactions with Related Parties duting 2009-201 0

Nature o u pses KeyManagementComj)lnics Personnel amp IWlati-u

(- lRs)

Expenses Ditedors Remuneralion Cullllllt ear ~ Nil

~ Nil

Dirnctorn SLtJIlg F Current lar- shy 40000 Previous at 2a COl Inoome

Electricity amp Diesel 71373

54358

Outstanding Balances onJ~ March 21)10

Unsecured teen CIIroIIt Year 1S4m245 Previous rilar 217343388

13 EAR~ I N GPER SHARE

Cumml Yn (Rs) Previous Year (Rs)

Net Profit I (Loss) after current and ~ tax Weghled Average

(33054243) 251 11011 1

Numtgter of Equity Shares 01 Ri 10eadlason 31()3-101 0 10647900 1O647OCXl

EamOngsPer Shale(BasicandDiluted) 14 FigUIeS to thepreltioos year tevebeen re-arranged and fe-9ouped ~ necessary

is Informatioo PlJfSllaI1l loNotllication UIIllerScheduleViofthe~rns Act1956 IAscertifiedbythelllartagement)

CIfIlInt Year

Oy INoofSoltMI 151 Annual Capacty _ PrOOLlClion

15 11 Used Capacrty 1aOOClOOO ~

1512 I rgt$~ Copltgtdty 18000000 ~

1513 TrialPrndLJClS of Irl1tlwenous FlJid _ MacIliroI upgradatlDr1

r p~~~ 157634 1178355

Saio oITrial FroducIs ol-shy 24244 206557

153 I -V FUds BottIos 191 18664

154 -shy IV FOIds Bottlogt 135309 990461

Pn0IS Year

INo_ oHloltles) IRs)

16000000 ~

18000000 ~

17878

~

1919 186amp4

-- --

CUrrtfltYtar shy- - (Moe-) -1 55 -- M5gt I PIWj G M M M M M M532 0_ lt0shy_~

GolI-ampO -- c_C_ -shy

1511 1572 sa-ls-o

-- -- -- -

- U - -- _ar shy_Cshy- - oW bull

~amp2 ---- M

bull bull bull_- -_ M

u uUm-- S bull bull

IS 5 12

0shy - a

1t11Pt a a-M

~

M- M

-

PCIY_- M M

M

1111 M

~~ 11

-

c

l

-

Informationpursuam to PartlYofSchemJItVIof the CompanilsAct 1956

B 1IceSl-fAbaraer_~~8U$-_

REGlSTRATlON DETAILS

~i No CJrI L 22 fTfTi( B I 9J r pT L o amp3Z 7a

llaIIAe Srleel DtIo l 3LlBpIl l amp11 oJ tl CAIIfAL RAISED DLRJ~G THE IEAIl (Arrioln Ra 000)

Pul iIlh I~ ~ Ilo1IIsaoi lonuI1saoe [l~N J t l PO$nOfII OF MllfIl 74TD1 AICl 0euroJlCmlEWT Of FUtClS AIoIIut Ik lDlI ___I bull~ f 5_1 kIII-- bull - -~ si shy

t1L ~ G 2aDi-l - shy- CIl frIJill ill-l412l1lJ ~oIFomds

lei Fuel A- [lj 41T[)l ojsJ ITDillJil Net ClmlIlt Assel5 [-r2T i~ 1_3ill j271T[SS]

N PERFORaLlHCE Of COlIIPAHY (Amwllll RsOOJ)

Tlnll1OII ITI2 -i L i lJIZ3 LL31middot~ r3Jl~~_

tJ3T( 1 57 a-LJ(Itl

GEHEltIC HAIlES OF 1fREf IRIHCIPll PROOUCTS

1 t _-FUds QV FUlls) CodIo No

2

3 NIL

ScheclJM 110 22 in siJed y Ihlllolowlg

~ RAJESH CMTUIlElllamp SSOOTES ~ I

bull 0-- di oIlW

SK_ DollId 2lIII1oIat_21110 -- ~IIIfl9r~ampe-~

CEOiCFO Certification

we 11- odbilljji led CU 8ijIlICbltt epacilieliISownn ampIotirIagrIg Dnaor (CEO) IFd Vice o-w (CfO) d soo~ lgtmed(ltgtoCornfrylOlMboltld ardbeIilIl oerIvtrlol-II) we live ~ ee lIIbltgtoamplinInciaI ~ noad wiIIlhe Cash FkM StaIIInWot d Senbo lnOlgtIneS Litnited

1orr-~3middotmiddotIlIntI2Cl0InlSllleNIl t81dart4 l _bIliIf (I Ibullbull de ngl ~ _ilIII Ibullbull or_ ~ lacI or_

lIOilSN1IblI tng _ ~1 __ 111_ I _-~-n_

~ iTa __

(tI) we _ lilbIsIdar if IId bIloII1lIIIlr1nIdOtlStrlIlllIICI tIle~ dUIrog

~_II1e~~arltAl bullbull ~lhe~eoaedCOtQcl

w lIodaN II illla~ d ed aJ onan 1Id C6 - Ked OQi lheCOdeolCcnltudilS~lPylN~_

(e) we UNr1ClllPC abIil beslilllIslqlnl l ODIlIroIIar 18Mll We heltdl ess d oornt sysIImS 01 CalgtanJ IIlilfnonl8 1ejO-- ~ tl tie 8IOIorI rdtlI AIdI COl_ I1olfio I(ies inle desIJl or oplIlllOi01such Itlma eortroII ~ any olwtJdwe arep3fllard stejlS takenorp-oposed 10 blIlallten b rlifov1g slICh oolioencie$

(d we_ tedanw_1MItlaIian tllha adnnllheALoltCo bull

(I Slfiji~~I onIefTaI~_~~ltUIlglher-

jiI Sy d8lJlI f ~-dellaWlg n lNllhe _ ~ lilNIrwlQiIl _

1 _Q$gl_f3UIl ~_=1- I Y gl bullbullbulleor ~I KlIenlhe~-~~-

M$Oillilllshy

c S Choudhuryvo-shy

~Iaqtion

~~tlIIulewr~Eta pnooad -09 (l l1ll(iildl-O_ 1le sma EAlw Ile eacle wbullbull SorirIr 1Mie Fwi lIIIIIlIoM oed eooue Code aJCcrWcl b III yelI endId 31$llllaodl

ForSoriIo hUres ~

shya- 1 bull V Dncb

28

-

-- - --

--

CA91FLOW $TJ1UlENT FOR THE YfJ~ BiDEDtiP IIAACM Z010 -- _shy1IIntltl 2f1

A calli FilM Inn e- gAdMliII5 - shyPdrllDaJrIaolt lD ~ l32ampl t 459 (251303971 ~bDocgt_ l$OnlIamp 134lZft9 ~PdlllJ bIbw IIoIIltlg ~CwlgII 16769 3S$) (1l JOl7I) (ro-~Wilrblil~ (Ottgtr tlan Cash-l CasI1 E~l 3amp521 301 (5510185) Cxh IO ~ fIvn 0parBli0ngt 221511006 116618564j Drreel T_PIId

l CnII FilM Opamng AlttiVitift 2215$il06 lU185641

II CUll Flow from Irwu~ng Acbrilies (248467) ~dr-lI8d~

nbiIg Fonogn etrq VinWI (29701199) ~farCl(lUl F~_

~ Net Call uMd ~ bullbull ~lI Adma

c e-Aoootr-f_ ~_ -edShn CCxlaI

PIgt --blsI tolt ugsReceJi_ d uo-nd u Oftrlb Slaw PrtIdoIl 01 pel ~

NatcII -cI in FNIICiol9 AcIvilieI l2107U43J NehlCi (cIao I lineal_ ~ ecuivaltnls1 8+lt1 (560~)

Oparong B-c orCallIand Cash EquiQIente 907371 eea CI~g BilInel of Cllh and Clsh Equivalanb W 907311

For ftOll_ dlho amp11

CS ClMufhury kIP ~ ob ow- cr amp~lrnIaIY

SIl II I I at Gewaf ~ amp~SfcreWy

bull AUDITORS CERT1ACATE

fila- roe _ QIIfl b e d sa8) MlUSTllIS LUTEDfarhe IlClt ended 31 wm 2010The 81_ beerl__ llr fl CcnopInJ awulIe row =eliIca 32li1il1lillAQl _ SIocIo ~_ _ _ __toBIIliIlaSIIIIMoI cnce CIIIfU-lrW1lIPJflb tliOld~

For gtASH CHATlfltD bull bull ssaxaTES ~laquogtIl ws

DeIeol- 28tl ~ 2010 PrtllU Ho~

29

~---------------~

BOOK POST

Senbo Industries Limited

Registered Office 87 l6fW1 Sarari KoIoaa 700013

Phone a33)2217 891516 Fax 033 2265 9485

Email senboindgmailcom Wilbsile wwwsenboindustriescom

Works KarbBla Sonarpur Station Road

KoIkata 700 103 Phone 033 2434 7339

Fax 033 2434 7341

Page 6: Sixteenth Annual Report 2009-10 - Bombay Stock ExchangeU8il. C8ncer R!sean::I'l lklil5 1il:l!l>tl1l 1lC. In8lldIlIor. lhe I!oItd_

SIlcetheBoW is ~ _ ines clWsiless t al ilImeetilgheldan 151ha-y 2010 dIOOect Uljel1O jCU apptMII10501111Iese ranster orlllheroisoedispose of the I V FkIid IIIalIJfadYfing rracl1inelties andother _ or the Company elttIer whcleor part ill til Silid meeting 1Ile Board decided 1D- pi consenlllWJVlll lIIltlIlt SCdclltI 293(1~ a111gte Coo i kt I166by _ dSpoocial IdJIicII ~ he Ilcordri DrecIDrs of he ~ b _ lease IraOSIef or cItllIi 1is8 disllCSe cIhe or sullslaMally the whol8 or pertof lI8 CompanISassets mere spedfica~ siIuated e lh1 ~nyl acklry et~ Sanarou SIaOan fbad Koikal3-700 1OJlvwodoh ltXlrlSIt1~ dhe SIlaidddei$ has__ Itrougll poslalbIllcI underS8cbcIl 293( 1~8)

__~ 19VrStleCW kt 19gt6aId ttgtC_ -- ( ~oing o ttl R~ b-1QslaI8iIIcl) Rules 2001 CcnseqiIent tll lhe CXWlsenll ~~ld rem lhe sh8retgtIIclers ltr 17thrlnh 2010ee Ibanj fIIIIiakgtj SiledlVFlud maruIlIdlmg~ Th8 tmd~havl ~Illlergt - usecllD pill cI partll itsomeandkm

FlffiJREPLANS

In _dd8cislcndbnnging Iroes ofbullness 8 runbero allemati16 are lJIIller~ ~indoItIes ttjng

~ hospiQIb Medical Call Unit IleaI1h proj8clS E~ Cft U8il C8ncer RseanIl lklil5 1illlgttl1l 1lC In8lldIlIor lhe IoItd_ also iJIolt_1o oppIyfor- ltnIlfogI lbjocI0 o1M Uemnndum ofAssociatJoo Ilrany olh8rltablevenblIe and~ ne=sary a~ oIlI8rdeosicn 10 Iieve the~ny from iI$huge iabi~es bull IrILNAGEIIENTOISCUSSlON ANJAHALYSIS

I INOOSTRVSTRrJCTUHpoundAftODEVELOPtIEIfTS Oncelhe lnlj8cfis ideo iCfiedt be possoIIle 10 dlscussbolhSlnCnand de I I ~ orthePcjacI

2 OPPORT1JNmESAHOTHREATS

T1lele arenllO)~ for Pi 10_ PIds tlanagoomenl is rneIoirrJ 8 ~ sLltI) on 5ldI - prqets SeIecbon gf a Irqefl is Ihoays $ItIjed lD lillting risk A Projecl RepoIl exp(lSe some ~ am lhrlIlIIs Sim~ ~ y impiementatiDll ofIheProject largely cle(lends01 a numbeI ItiXIi iIiiQeioies

1 SEGJlENT-MSfPROOUCl-IMSEPf1lF()RjIAN(f VrM ~ is S8iIIf1Ii a suitable prJjecIkeeping rrondof Itgtpast e+lnc8 lterelue ~mdeo wdorwiseperfonranoedoes not eths

oonOOK The prospects ofIhe CCrnpatry liIyeiy Qepefgtjlo -01 _ poejIot ~

WibiIily1btolMft SMIlS lObe brV4 gtieIoofpntlabe581 Iii d I j)iltJd8tlle orciedshy5 RlSKSI CONCERNS

Tho -01-Company ~ 10l a flIir nl8IllrI d PokC1har aspects or concem ~ pyen CGmpIIry RluIe I jcwd an apptCpf1aI8 projea flning ofttll laid projectrld seiecllon ofalrwgtlDl flIIIlIlI loreocnco cltheprojed

I IIoTFRNAL CCNTROSISTpoundIIS I 1HEIR ADEQUACY Manlenance fi prcper and lllleQuate 5jS1en1 (ll rmmaI cootroI _ hlII all _ ~

proIIlded against lcsIlrom ~ use and lIlalllll ~ in aohnlecl and ded and fIll At oXlen pltogram n ltma1 and ccnIluousAulilreYieW suppIemens tt trtemal cmtngt sysBm 8$ paI pa-08latll8 ~oixJmanleIl pdkiesarid~

7 FWANCSALPERFORIIIANCEWITH ReSPECTTOOPERA71ONAlPBlFORMANCE

Thlllrulme m sale d lriaI pngtdId5 aid ral8 at scrapll9d 10Rs37511cs lUnl tle yearend8d3151 dl2lll0 The Companywtfullda nelopeltatng loIBofRs3 3227 LIes ag-lIt Rs 26019lacs01pr-w YEW

I HUMANRESOURCEampNDUSTRlALRSA7IONS l presanIyoorCompanyte 92 eiklroe on tole ~ Inizet 1118 ~rw and (J)IlrtUJon 01111 e nd IU 0tBl1D - IlKWlIlinarollD ~he quelily01tvnJ SlnlIrd ReIns dln1g tie fRI

shy

~ltlo managenwJlandrlelt-ecardiai YllUCompany 00I1ImIlIlld IIIemIft lIlll heallllandlllllty III Yemployee at its lltodory bypmWtng 24 Ilcurn ~ medical chedlt-ltIP by docb Your CorrIany is aIao ilted to pnJlllOlilg iIlTlOlI9SI its em~ ~ _ ()f~ IXIIiiJcting 01 tanng ~~ i1 onllIr III lCtll5lQm n ~ lie quality 01 its ~wei_ill MSIQ ~andrQIlcaIe i1hemtie need fore1IiC8JlUSl d -as utilibes R ather felOUIllIlS IllIl3Xllllll pmduiMty Your Company provides iee ~ acilities for a yees It $cJnarplt6 TheIjlIc__lIaIo1g accooded liitfll SJPllOIllltheenlfur~1lNivaIrJII- Company ~ ir1 __ rJ ~ rJ pressrc prlXilclion aclNiIiI5 YV ~~ may 00tlSidst reducing IS1lalI sRngIh till0fJll)le0 ie 1aIiG ()f ltleW projod ~lhe Miioeo~ islIIpmenl Ieeli1g a_of r85llesstleSSarnongst E eM

DIRECTORS RESPONSIBILITY STATEMENT a Your~ ~folIcwed Accounting StnarltIsn lllllplteparabon rJ-nlaIAogtmt5 b Yoor 0R0lDrs IWd ~ $IIifl1ltaltlltlng Idcies asrroliOi ldd 11the ~ III flttlulls and sWiied hem

WlSislefllty iIildmade~lS n Ihal are realllllllillen prudeoI saaslD grwe Strueand m_ d stale of s~ olllle Com pan~ SIIIIe m rJ31sl Marth 2010 n 01 ee loss d theCoqIany or Iheyear erdirlg31S1Mardl2010

c Ywr ~ hsve Illlt prtlpll n suffICient en bI fie msntllliJnCll rJ sdecp-lICCltlUIlIoIg1llllnls i1 ~ Iheprovisiorn ollie ~ Act 195ampor ~ lle_ d IheCoo1pany and Jar prllV9I1tingancldelSdl frnud and_~

d Your~~peped Ille AMual AcwJnts on s gci1g OOllOllll I)asls _

FIXElllleurolOSlT Dunnglle jM _ jOUlCompany Pla5rdaccepled -ydeposillrom Public

PARTICULARS OFEMPlOYfES SecUl217(2A) at theCollllIloesAct 1956wlIS rd slice tllenI_ no~yeedrawi1qsalaydlmghe yeari1pClS$ dthe SPedfied smon CONSERVATK OF ENERGY TECHNOlOGY ABSORPTlC FOREIGN EXCHANGE EARN INGS amp EXPENDITURE

A CONSERIIATION OFBfERGY 1 -and Feornplion C_Y- iouI-v

Eiodldji WBSEOCL

lt~ 1gtlt875 143593 1757578 Rs Kooh 1224

10671 243670 1n581 bull -- - 2213 Rs 1l Consumption per Untt 01 P-- crrt Yu PrwiouI Yoo

~I-~_ltgt 0shyI - =1

The energy ~ hasalways beefl bull plioily ares forheCompany roo dreclloS are ymuch consaous ()fhe need1crcmservalion0energy lIS onP9 pIIXllSS n 1cr thstpupOSll connaooseIforts n beII msdefor OpllTUll -shy

bull 5

B rrcHNOtOOYABSORI7IOH The Corrgtany iswaiting forlll project 10romeil The~ IIereb IIldeltIake5 trat theedvlolog) 0Ie fIOCl boU-bed ciJrinll ard I Ii aIIer theieJIei Itl ohe pmfICl

C FOREIGN EXCHANGEEARNINGAIDEXPENfHTURE (Amount in IeI

Current Y Previous Year ~

1121m

bull ~

~ AUlnORSMIOAUDlTREPQRT

Mews RaeSh 00aurvedI ampIssocgtatos ChaneredAcoounlantsIe theslatutwy audilorsol theCompyenly whofat bull

lhe lJflllolmng MrlUal Ger ling ond being cOgi)Ie ~1Ilad J iItid bYlle ~Illhigt

Iunlal GeneraI Tha ollservilOOrs cllhe aUlt1lors on Itgteir repolt1 on tie ~s aoount U 2(lQ9l II QOI QJDn ha- been AienlIydislthlaquoI intileNoles MAolttulIIlIftll bm ~orhi AcaulIs iIICl neednolurtheo~

AUDITORS-CERTIFICATE ONCORPOllATE GOVERNANCE

A Qlrtioca frtrn he iI)r ollie Cor(Jany IfI9IIog ~ wilh rae Code d Corpornle Govemance as ipo j -aa-49~IhRLi$tIllgAgr_rt isilllOampedtohis Report

DIRECTORS

SIi C5 ChoudhJry andDr SMillai Chatrnborty DirecIorn relire at thelorthcDmiolg MruaI General ~ and beilg ll9beolItor ~1ot middotltgtwltgtbiC

ACI(NOWlEOGEMENT

YOlIllOlcIDrs Jlace on rlKllfll heIf IIIrJliite IIanllts and dell eaaIoo 10Il1e vanous GoYerrwrent Oeparvrerm 8argtks SIlillenolOer1yenKl~ulhe~foflhelrltgtgtlt1inuppoo1lo ttuo~ ny

For andln behlIlf0fie Board

REPORT ON CORPORATE GOVERNANCE

COIIIPANrS PHILOSOPItYON CORPORATE GOVERNANCE

seee Industres lirroIed IS oommrttIlC I) meoqea dhe ~ ng ~ Inhe WIfCISe of ~ andpUllltlagl red~ L Tha Corqlany is bfIer ccwrrilIIId 10 eflSIlre ccwr1JlIeIKe with the GJde 0 Corxlmte Gaemaoce10eohiloce and proled the iolterestofam f1e sha~5

BOARDOF DRECTQftS

Tt~ compositon 01 the Baard 01 Oiroclors s reglalilltl bot lhe Camlgtanies AD1956 iIICllhe CoJ-rparlys ArIdes 01 Asociam 1M IloBrd oIDlfeclOfs rJ1le ~ _he ShIegic goasbased ontgte ~ oftheCompany __1gt policies ItId0-- t3bntIollllclSe ~ tofaobt ~ lielakingd 5lIillllIIe adiln for atlaOlllelll ofitsgoals

6

AIpresent the composrtioo oItha Board of Directors coosislsofEx 16) DirocIoo SriKajaSengupta the main IIffiIllOter and ItJe Chair ampManaging (ljree1orheadsthe Board SriKajar Sengupla isBSe (Hens)graduate and has 31 years ofvaluable eltpererlCe inhi-1ecI1 OJl1strucliorl and PhalmalteutlCals Ifldugttry No ~ ourrtlypaid tohim The Vice Cman 01 theSoard isSriCSChoudhury SnChoodhury isa ~aduate lIT theCormIeltce Sream lId islro Fellow mcmbet of the lnslrtute 01 Cost 3Worllts ACltXgtlmtanls of India lie has expooence 01 near1y 1M 15) decades vaoou Comp1ns 01 Enggtneenng Cltgtnsuudlon Steel Tea Tm1ber Hotel andPharrnacevlicals Heis due10 rNre by mtalion altld be1ng oIigible oers hi mseIf fltlr rtl-ilPXJinlmerll ill llgte forthoorrmgAAnuai GeIlerID Meeling Sri i(jl19shUk Sengupta is a B~or of Commerce and lias over 16 years e~ in higtgt-t-eeh COItStruCIioo pharmaceuticals andgtoIe industries

Dr Sha ibal Chakraborty MBSS is a repotedcardViogist and hascxperieoce inmedical professm for (NIf wgt (2) decades He is due to retireby rotation and being eIQibIe offers himselllolt ~tmern in theforthcoming Annu1 General Mooting

Sri Pradip KUlllOf ChMvorty e representative ofsmallshareholders ofttleCompanyhasnea~ foor (4)decades01 ~eperience

Dr As hKumar SenguptaMBSSDGO(car)5a reputodmedicalproctiliooer havm9exjJerience eM 2G years AJ DireclOO Other ltlan SoKajltli SenguptaCl1altrman 8 Maraging Director Sri CSChoudll) 1lfJa Chairman and Sri IGngshuk Sengupta alte independelTl DirectorsThe represerrtatioo 011 tle Boord 01 DirocIoo 01 cxecutiw viH-vis ncoshyexewlive Din)(t(l(s is 33 The Company ho rool entered toanymalenel SlQrnflcantrellSadionwithnon-ampXCUlM DOedorsof theCompal

BOARD MEETING

During the yeelt under review fiw lloerdmeetiroJs were held 011 3rd Apnl 15th May29th June 27th July 14th August 30thOdober2009 and 15thJarwry201 O

The lasl Annual General Metm9 01 tile Compo) was hold on23nJ September 2009 The cornposjlion oftheBoard of [)recIon and thr attendance athe Board M ~ng s dum thoyear and athe Annual GeneralMaeu and IIe number 01otherDirectorshipand Boord Commmee MembershipICllairmanslip areasoIIows

UImber ofother Dirodolslip 3Allendance

Comm~ tiershiraquo CbalrrnanslHpName ofOiredors om ~ shy- tlIgt tOp -- --shy-Shri Kajal Sengupta - - lt

Eecutive Director r - r S1lri CS CcYojhury Egteattiw Oiredor Dr- SlIeftWCIiakra~ Independenl

Nm-Egteculive [)rector r 8M KiI1gshuIlt Seogupta -

Non-Execulile Oiroctor r 3 Dr As1sh Kr 5el19upta Independent

Non-Executl~ DIrector r- Shn Pradip Kumar ClIakralCly NcltHXflCltIroe DIreclor r y~

AUDIT COMMIITEE

The Audit Committ rompnse5 at two (21Noll-E-ltecutive0iltecI0rs and one Execuwe Director The nonlXecutl~ Directors being Dr Slaiba Challtralgtor)i Chairman ofAud~ Committee Or Asts1 Kumar Sengupta Ilttrile Shri Kajal Sengltlpta Choirmen 3Managing Di-ecIor is thesoleexewti [)jrectof Dumg theyearunderreview fi Audit Committee meetings were held thedates at those meetings being 3rd ~l 15th May 29thJlflamp 27thJul)

30Ih Ocklber 2009 and l5tl JinJary 2010 TheW ofhe Comn1llee and tileattenlance at the rneelIngs of Comrrotlee ee ~ below

Or SIiIitgtIII Chogtkretgtoltt

SoKajlII SengupIa

Dr AsnISh KltnlrSIr9JPIa

Moaf~_

bull e e

ThelemlSofefeoleandtile~of~ce o1 lheArditCltnmllee incIude shyI Erampmg 00flIllkarre and~eIlitieocl oflllefnll w-nI system as weias ilIemaIlkOl

b RellieWing of ~s fInancaaI perlormamil 81 ~ intervals os til as ~ng of Ihe ~$ RnanoalN(OtIy lIlCISS ond COItUfIV FnaICiaIStatements beIor8 SltltrIIssIon 10 tIlelloatd

C ~soopeandadeQuacyofalltlfu1dions bodlintemalno statrOIY d ~ 01cnbcaI fll1dlngs particUar~le toelebof= t eoorgtOmlZllllon n~ iltJIprtrmg ~and po otllabiily asweiasrelated followJPadJons 1hefeoI

~oIAaxgt111ingSandardsandDildoslnnormsprescnbedunOOrlhe~Acl1956

f Disdosng ofIinni8l ilIooTIaion wl ertSUing its correctness 1UIiaency 0e0i0ltit and rIs oroQ llih SlDdlt ExdIange Regulalbns Eli IoOl as0IherIeg3I requirements

g ReoJoeoding appoilbel l reflQVlI ofexternal~~ olaudrt feesandapprovaj b paymentbOlher seovices rendered byille extemaI auoiIors

h Reviewing fndrgtg ofNlilobsertallOfltS and(Jibcal w ke susperoled rul ororregularity orlamofilIemaI rootroIsystemsand~ sllCh matterslOtlelloard

Re~ of mallers ~atrng to dIarges n ICCCrUlUng polices fIlIlOlt IltXOltlt1bng entries based on eunlsc of judyel ell ransactiortsn dI0irecIcn8Ill dlrlaquoli IlIdrredlyriaesee

~ RevieooWg ofheFnaICiaI andRisgt Management Policies oftie Company

k Revrewing from _ klliIle the Comparly$ SlaIUkIIy and W1tradua1 gt as well as fOOSO1S fur ~

~tany

REMUNERAnotI COMMITIEE

RemJneltaIlon Cornmotlee ~ 01 two -exerullle llitIdDS viz Of ASISh Klmar 5ef9JpIa Dr ShailaI ChaOtaborty and ooeeJecaCiW ()recu viz Shri CS ctwtuyVee Chailmall was blIed by the Board atIts meeD] heldon31slOclobelt 2006 TheCommi lleeis~by OfASISh Kumao ~ TheCorrmitteehBse--ad I01h row kllleIerlrine Ihe terms 01 awonment and rtmuooralion of ExecuM DilOCbs policy on renue-aboo packageoIheExecutMl Difeclorsand 0 inSIttiog leesas pad klllrtecbs lorallending meetiI gtgs oIlhe 80arC or Cormittees theIeof During tle1narOIIl)ampyenooeme~ washeldon 1$111 Ja ry 2010

The arnposrtion oftile CorrvnitIee andIhe allendargtte ofhe II lP ofheCormIittee-areflivel beIcM- _-Dr ASISh Ktrnar Sergupra

Dr~ Chaklltllgtorty

Sri CSChoudIury

-shyChairman

8

SHoREHOLOEfICOmiddot TEE

S1 dlIIos Coull WIUI fA Ine ilClelodoo~ llntrs yenIl- OrAslsh K-rw ~ Or ~ OI8kI tyllld Shies Claduy Va on _lomgted byheBoIItl aI ilsrneettlg ~on 311l~20lllI The c tie -lid Dr - Kumor~ The Iem$fA to fA s wO 01 v- ~ fA

fA IIe Ca__ 111 td we ~ ilt Illd 111

pe1bfAlII ~1lldsrT nclIlloIW ilS __ -clIdIll~ lI~

No fA S1dldlIIos ~lOlir ~

Nod ~ II Nil

GENERAl BODY lIlEETItG

Thelal~ lIIIWlgfA~_PIIIldItSditacl_

1HIlAW

umiddot Sttwillii 2lDI

23 s Jillii 2Xl9

SpKIlIIIR bull ~a I~~ 9S

One(ljSpecgtlll R bull _---e--clnlglhellinler~

No spolOIII-on bull P-IOr ~ fIIIu1l PliI biIlloI b ben

PtollliI e-t1lld W COl Imiddot ry -ar pill Go is II Setu1192AfA Ill Ca_ =L 1li56-c1 Cou_IPiIIiIIIg 0I1lli Igt ton lII PllaIiI bIIkil) ~ 2001 an eBCII WIlt 90anl fA Ondori appQi _ tlr~ -dI PtollliI biIlloI

ceccc bull Duolrlg h _ ng _ II __ ~ Oitean llIl1e

Moo~_o1lhIir bullbullmiddot OfIlllilioo5IralIllglll_~~wl-fAlhiConlpatlyat b Tlwn_ng lllilInceoi non-w lCefA iI)- ~lllIlliC3pltllclnlgIIIIlrne~ald

ee pili bull 0I1hllQs _ ~ on ~ by SIPIr ~ Ill SE8lIlI oe iIalIb) ~ on _1lIIiI8d 111 capIlaI __ clnlg r1asl (31 _Illd euepl uplIiGo n ~oI~s ShIres byS1Ddlt EgtchltIIJ 01 b ~ ~iCEiald ~hnebeen lI n _ tal CCIrr1parly II hopefUfA idla 01 sbove suspetlSIllII at eat dIIe

c n lull Ca_ lIlIolos eqlIo18lS 111 ~ obOul bel acul or suspelgtdeltl hull 01

fIeeanpry-lhDuloI PU

9

I

IIEAIIS Of ~l1OIII

cu _SDt~~~ l~_-ly~reds_

been ~ _ a - toO _ 01 ~lt)w hall ollie ~ ll AampdIelI ~hriI~rdJliShIdhlllI(3)mcnh rJecIo6eoltgteilnaroll)U ~-AIaenomalyputlllshld cnr ~ EnjlIII rei_ 6ongiI6 New i Vlz F ~ I B _ SlIrdiIrII (Englmllrld KaIInIir i PraIicIol I ~ I 0IherSUIIIblI ~ The ~ iss- IIIW5 ~ on 9 ~ COPOsle ~aoo aetiLties Scd1 forrmtion ~acl also beendislUycd from lime ll lime In theColrQao(s Wabllt fWNW~com but such~lioollasbeen madelolsJtulklnal inveslDrsorlolhelnliysts

RlSl MAHAGpoundIlENT

Tha Board oIlllretlors II Is meeti1l hekI 0Il 2nd lUi 200111as loIid- IIlII Rs MiowgGi(yni~

~bpti~IbIlhBoW~IIensllt ertnlbullbull iallllfOC1ns ~riIli bullbullaE_ ~pliC1t Ths~ bull ogli5llt~-nd lIuIrlls d carco-nj middot7 yog

~o- hebogoo _Ile~-b 80 bsl

Tl-onUltIlSb0 0iIfJI~ d-ndp 1-1i _ shy~ Roopcotioog ltiIl

TloeeIilCtllll_ -at-ly~anlllO

oDE Of CONllJCT

nw OooollotIal ~PlIlIdon2lld_2W1 ~CodildCoQclbtoe d~ _ tie lltll 01 Dnlttto-4or E oeo oeo s01SeniorllaoCoftgtlI~ -= _ WI oIoIos

1 To 1d1he 1--d and iOlcirrobOgMms 10 tgtlI~IdIlclneSt)o ~ aIalIy and ~QlI(kJllIllnlsetoes tl 1 lXIUItIlW1 and~ ITllFfIT IIld noI1IM fnptper Idvantltge oflhl~0I1he Dncba 5IlfIIlr~

2 To~wiIh p4ic __noIeoond-middot

3 To Id gcoIlIilh ~ u cn 00~~ and ltifYo wrthtot IiIcJwoJlg lteir deldoi~ jlOjlobullbulltll)lllblldio

C 101d IoerNncealdh~oflhe~

5 To ~ -sr hi - Goglny lIIIIIn _011_III I o-eIat he adl cu iorlle _~ wtcIlleltiQlOid lliJealo -or~hrilSUlI_

5 To lllId III cu- oflb I1ll lelllln of~ toe cone d 5_O-Sw=Ilae-DIIlde--telldloonbIOOpMrS ~_alIIlatIzedor~lOdo1doIJIlldlob --ilrn-og1lle~~-b-__

a AooOO 1SIjjIny1bilt~I-clCIP8JIYOoodros b~gIrIltin_fIIl

LitUIllllillIIbhlCJmpilnys

7

--

9 Nglo_wilIOl 8ClP8dauwd_ DnanIor_IftOIIII_grb~d ~iI wnidIr-ohctar-dncl1lllrlllt

I ItIiP ~ar~~d-1-dIllldwN bullbull txIushyAONbWho-w_ wu_tIlcUd _lldIca__ a-d ed__Ile_ttl_gr $ dariliMl d~arbullbullbullbull 1 pgIicf nlIll1-W-llr IllBowll_ tnne-cl _lgradllCbl o-sw hey-IUd__CD1Ir_oode 1gt10-- u Ccde_Seniarpaw I

GEHERAlSHAREHOlDERIOFORIIATlON A-r~ ~ OngrlRn _Soii _2011 ald 1

C ~ S bIlts ~~SliIonRcamp1 KtMI- 1llIll03

The Carnpaytskm l SAp1l lo31S Ylrdl ~far lrllloMlJIifWSb2111(ll Illd dod ~1ar4tl~erdtlg311lldaJdl2011llIwlildeoedasPlrClluu~1 dLiIlnIlAyw=t _ SUiExctooiglS 0alBooot lIltIsIn ThI dMIs d book drI5uI1I llOll4d be tolIXI d (1) dIys Nt- ltII nell ArnoI ~~

DMOond P- DItt In- dille contnoous loss flcurIed bythe CotrcIony no ~ Ilai been ecollwendd for theyMt 2Q(l9-10 ~ onSlodl ExchMgt~

SIQs d Company nlisllld wdh h Skidlt EcIIyenoges d KoIIIIIIlld MumbIo

Stoclo Codo

) Sbt CaIo d SIot Egtdlengebull tVtlIi

bj S1oc1 CadId SIot ~ Kobto C) oma I$IN

rI hStloj COSlIar Equitybres d ~ 1llpoundl12C(l11l18-- _fIl-golnlg _ O illlxraquo z zrd-tll

q bull w ShM TAgiMt _ _LId D511 llIgn 7lBRll8 Roio1 ~-700001

sw T S-TIIz srehAIIIt-__-~bnl_ poo _Oil ~1 Illd _ lDIl d 15ltiIys b doled IlIOIlIIl ~ bon__bull II fIIIl2stI bull _dSEBl IlJdlIIS CO J lzcIIJd9-T~ l--1lI_ 1IiZIIlnrWbull apICXIlIIIr_tl owh $ dlampijsd lOd 9__01_ ~opISbdemIl~ iD tl

llimil ill DtoixgtsIb Pa (llP) opIiol 01 ~ ThI Dol Pa jjlii z~tliMlIOlIlIair _tlCciroIPWl liang_oil -lopleXl OnleCllPldllW_ ~ dIbullbullwtleilalilwe In_eedDesrDlgdoiIIle IX~despItjes__

--

--

Diol oI Sb Smiddotmiddot~raquol

bull 01 ToaoI SlIiiel C ~ltI 5110 lOll

a 101le 500 501 101000

UlOllO sooo 5001 10 10010 100011020000

a 200011050000

bull llUl01 101 OJ000

bull5

~ 00 00 1IIl r

ss 0 6211

a 00 n oro

O~ 01

bull Q

un

as OIl 11 ~ 2ln

T fo or ToaoI sushysea 0)1

OJgt 1022190

91 an

611655 ~ 169999

~

~

Z~

Z~

~zsoo

1101 SIIoIII S 1gt- of 1M~

_shyshyr-Pluo ~_shy-

shy

Foreq1~r

~IioIHI_s

61~100

lIZl00

sss

- 5

315S2 3394849

210299

-500

41101shy

az

bullbull t s o

100bull One bull jz 01~

ThI_~III~_OOOOP_ (1__29lgt~2O(I-t do ~1ICi9_e NStlOllI51l 2001 n aJSl illI -ltIIrIay 2m1 Tl3sl WitId 201O1le~ll driAzlo~b4 3801Ifot ltlCl8fool

-OUTSTampNDlNG GDR I ADR WARRANTS OR ANY CONVERnlllE INSTRUMENTS CONVERSlOtl DATE-ND lICELY IlPACTON EOlKTY

n~ -1lllI_ 1 GORIADR IWi15 1~ nswmentsanl hence lhn IS eo ~on re E~~aIhI~UIrgtltD oIIbcMOlStlmItlI$

- COCA SertIOhlushstmled KyenbIIL SovlUSIilIol Fad PO ~~ 100 103

ADDRESS FOR COAAESPOMOEMCE Forllnleo del 01 crollorqry -olllhn nlniIIIInrlll8lad laIied 5enbo~lhiItd 87UnIl s-~ 700 013 fue 03322178915 896 F 033m5911l5 22178917 E-IIl bw Jlu LillDIlIII - _~

AUDITORS REPORT ON CORPORATE GOVERNANCE TcltSha- It CIISenbo uIId 1 Wer-_ C UGh af ~aelfsnInlUroe$~b

Inlng 31S1wtf12010 flaeltf9a1hblnagodh~sxt Eoct 2 The_u dw rJw 1lMl 15 hesogtsblll dh_yenel CJI6 I

_Iiro-I tl~1II u ~b)h~bIIISlJII cubullbulla COidoo air COrpnII - M aid_ a E4I d on hOII 5t_d~

3 QIopIUI roIllI flit tc aI Ioo I kl10e V- tl _ adIIyh ~_wl4W w ~G z In__ 1IIl4Jbull We 1Ia __ grbullbullbullca REgiA amp Ston i C s shy_ d hi --a_CBIlIocl_ason 31S11oi1rttl21110 lO r-greaald9 1lJIOIIl_~bl~~tneoncnll

5 We adI ultr5IlIrIJIDIastlUewdfyd~ngr or bull I ~_amplel~tle~attgte~

For RAJESH CHATURVEOt ampASSOCIATES 0- __ bullbull

Itbull Po

~~~op No52a

AUDITORS REPORT

TO THE -WlFRS Of SENllONXJSTRESlMTpoundO

WI _uMild 80 SrIeeI d Serbllrlllustles InIIlM1Il3111 rlIrdI2l)10 r PrIllll l loI5Aalull lorlit liM IlIlIlil c--edarcI Cash Foo 51 161 lorh petllXI endIol on IltI dIltTt-ir8alI lolSnllel_d~118JI0u~ ~eonss Ol)irIoingn-kvOiI lolS-IonOlladl we _ ~OIIaltIIlIU AucInlSlirdanllge bull Ej hiiL n-StIi(laods Won ihel we plala petbm Ile kI ~~_illouI hlCiaI Ieare free d eA1IadolnUles_ bullbulliG-ona_tlaSII~Q~Ie_itld~

1hI1iN1rrili111 olSMallClUlecncUlls gOeaexDrCHhiCl(lllSllSIditldliUbullbullbulleoa I made by lIliiI8l8ieI III~ r0YIIlIli lrinIII $ e=-we belevelltlWlaDIptllOOde$l -onable lIISi5lorWI opirIion Wereportlhal 1 All ~ by he ~ I Report) QrIler 2003-ed by CefVII ~ SecIol

221(4A)oI the ~Ad 19$1fld bullbull1lIed YCJ~ we endosoe IIheAllnellft1 I 6donhe

ta

--

focltl iOjA4an1 5of1tlltI ~ 0rilPlt 2 Forttgtelt 10 oltsltOIIIITgtI1l intheAAnexUl1l refemld 0 inparagrapI1 1ilbove we ~ lhal

(sl We hIM obl3Ined ltII b i nj elQla OIlidl kllhe beol 0I llU IltIooIIeIlge and rae were oecessaoylolhegtUpo5eofcur~

(h)InQJr~OO prQ)(IbookJ ofoxountasreqUred bylaw hMebeen llteptblIe ~solaras~ rQm onllamplTlalioo dhose books

(c) The 8alance Sheetnj Proftamp loss Aoourlt 00aIl iMIl byh$ Report are inag SEll IiCIIwil1 the books ofilCCOUnt (d) InClI opioioo ee Balance Sheet ProIil amp lois Acoount amCash Pow ~ Odh IIfAacultng Slaodiods

rlIotfed inSectioI21l(3C)oI1h11 Coo IlpanAct 19$ ill solaraskSlardarlls Up1l llhle to he~

(ej 01111e DaIS0I11l11811 ~oIIltnl recellltllrcentm lho ~as oltl 31ltlllorch 1010 -IlakM onrecoltd by he Boanl of DirtctltlrS W8 rcoon ltIalnone rJ the DillJdors aAI ~ ason 31S datd12010 frJm beng appl)i1ltK1as DndI-ltOnlhe---g0l~27 4 (l)j)oIlIe ~Ad 195E

(~ In opioioo MIl III Ihe best QUI informata1 andaaorIlng to the ~lions lJnto us lheS3IC financial_r-d no_WIth It Silt1Nfgtanllatu1tingPciOe5inl subjello ~oI 11~~01 BoniS GralIiIy LltMI EroaslYrent lIrId~ reeeeee COl Sltsu-Ily )epoKCtfw3I UacicaI $lcrliSheltmlIIl101 wIidltaanotbeendee1millad Notbull bull regardlllgroorgt-chalt gingoiRelteSlCOllnter~ 8oowllIfroma~~ ~S on Pamptj~on Sorory~ampuy Aibs lIrIdlC8iSand~

~ oW lreganlilg~or_dwithMibull F Kbivt UltI tho_lO Notll egarding ~ oIAotoonIllgStandard 1$~6enefds nllle AIallWs

1gt1 bnirg pall 01 SdeduIe 22 flIllCI ~ -Mlh oiliernolM lheren giesfie rIorTnation ill ite mannerso -ec by 1he~Acl 1956andgivealreandlatr Iij Inhecase ofee Baiance ~OlllleSlaleoti1l1aQCorr4gtonY31 Motttt -00 (il 1iI he caeoflte ProilampLossAIC0Iltgte105$ for IIfyell elidedOIlltlat dale and fli) I Ihe case oftheCashAow Statement0thecash lowsoIthe ~ tJrlha lIaI eMed on lla1 dam

For RAJESH CHATURVEDI amp ASSOCIATES Chartared Accountants

RClgtatuMOi- Dateel 2811 May 2010 ~MobMMbullbullbullbull

ANNEXURE TOAUOIT(RS REPORT IReferrtd to iI Paragtliph I 0 _ RtjlOl

1 In respecl ofis flxedassets al The ~ te5 ~pIqlliI reortlosllllfl ful ~ ndodng qumtoIYe details anlsi=lion 01

FudAsselsonlhebasisolirlJrlnallon8Yaiible h) kgtorrIng to ee iobmaion ifld explanalions gWen tousee Fixelt Asm IaVe beer physIaIIy-t by the it~alreasonahle lIlIlVaIsand no_ClISCtlIaICle__ongtltdoYftrifalioon

c) II cu- opnon he ~ laS 001 cIspo$ed d subsIlniaI pall of fiMd assets dIIingIIIe yearanl thegoing ll)rOm $I31US oIllle CompenlIS flOI 8ffeced

2 In rl)Sped ol lllY8fl1lrie5 ailemiddot I IF Old II us ~ SIIri dlinlahad goods sbamp lllIamp ~ argtl raw itIiIlera6 exoejIl sIocls ththll

PIlies and IaIl5Il dal a ll phy$icIII~ verified byIIIeiNMgemeot al raasooarMe rlleltlaiS blmourLlJllllOll andaccoofug tIllhe ir1bmalictt 8Ild~~lolSlha proceVesolJttysica

II Adlts foIowed by ~ -abla argtl adequate rela01cent Ihf size d Iflt Coo1pany and lltueolils~

cl Pol eplaled Igt thediwepancjao nolieoltI onnflclloon bo_ It-PhysicaI Slrlcgts and IIle Book Records oIlfIelevef material haoll bee~deallMIlhe booksolaccoons

3 ln~oIloarr

alThe ColrQan dunng he 18 ha$ taken ~ loarts 10m Coolanies isIed n toe RegISlel fII8IlIained Ofdmllll dfleCorapeniesId 1$6 dllSal3llanliillilt w11ree

b) respeetolloans and acMnces il1he oIloonsQbVthe Ccnplyt)any~sla1Iwheltesbpulatms havebeltln made partiesistilllls havegeneraly repaid the atnOIflli as 5jplaquo j oIterlanthose written Qll ltltrIng treyea

4 In OU opiI1ioo 8lId 1 Jollie io1omr8tion ilI1d ~ 10 us eee ae1ldeqJI1e i1temal 00fllr0I prooedures~wiIIllhe sizerJlhe ~ llIdlhe_rJcentS OOsiness lorthepurdlaseolstwes shymaterials irdJIlng 0CWfIP0IIIlls plant amp Ichiy ~ and olher _ and lorthe sale of llJXlS 8lId servilte ~ is regolalt intaking rorredM -eswtlenvll( major ~ in iJlemaI COOIrtIl are 0 31111lt1

5 InCUopnioo and accllI1Jing to lhe bull ottand explanatioos gven tous110 transaellOnwas madeb- purchase 01 goodsrodma_ arid salerJgood$ mariaIs 8lId_ III purwance 01Clllilaets (I 810ge0 l8IllS entered in the er malntaioad lfW Section 301 oIlhe CompaIieStltt 1956 andagrpgalilg o1rigtg the year III Rs 500(00Of more inrespecl ofeach Pall)

6 The Comparl~ has rd~ anydepolIbfrom the pubic inIl1IJIIIU 01 SecIoos 58A 58AAor anyolherflOyenanl prtlVlSlOIS ollhesa

7_lIOUI opiMln Company has lIrllrrlemai Auditsystem 000 lei0SInIeWIIh ltIs size and thefIIbe oflSbusJIess 8 AalmIlgt) iJIcIrmaIioo and egtpl3llllbOnS gigtO kI ustheCeMaI ~t has notprescnled 1eniInce 01

costrecudsulS209(1J (d)ollhe CMIpooieampAa 1956 bany~o1 lhe~ 9 Inrosped cl S1IIu1orydues

a) Arcming 10 Ihe reoords oIlheCorr(lany at 0UIWndng dIJes In respect of Providert Flft1 Etlploees Stale InslrarceWilst BengalVAT CervrnI SalesT- 1rgtCQme Taxes rmSI rknoiplII Tn F IorPolutioo Conlrol Tradii Wcense and tire liclne eamp haVl eeee paid du 2OOS-10

bl Aoord glo tile~ follJfId egtpIarIaIiom given 10 os 00~ or~ amets payablei1respecl aIiPlCtNTllltl sales au WSIOlTl5 OOly exose dulyordues peyIIbIe 10 any olher SaluloIy and II](Local ~

were oolStnli1gasat31 $I Marth2010loraperiodd rro-e tlao silt ~ from Ihedate theyeeeerepayaIW 10 The 8CWlIIAaIed losses oIlhe Company at theend oIlhe fio1niaI )Ilar a Ine= 01 its networth I has rcuml

caslliosses duIngtie l8 iIIIdalso inthe previous JnancIlII year 11 The ~ has notOOIaultedInPilyment rJltlues toany fnIIciaI lltllliortorbankorltlebeo1IUes tdders 12 In00 0lIlDl am ~ III the ~ an explanalion grven to us 00 loans an acMnces haYe boon

pliedbytie CompanyfS1 theblIsisrJ$lllUIIybyayorpledge ofshates debenIIresan OIlIer secuilies 13 In 00 opnoo the CorJImy is nor a chl bld or a r)(IlVrnutua fundIsooely Therefore daose 4 ( ~~I rJ the

Coo-nIianies IAuliIor$ ReJxx1) Odef200J ltd as amended upto-date iampnoI ~ IllheCompMy 14 mour opinion the Canpany has notrIeaIl or traded in shares ~ detlen1urelts aod 1lVeWnen$ ThBreliJIIl

clause 4 I) olIM CD-npanos (AWibs Reportl 0r0ar 2003 an 3$ _idad upIO-dala is ootaPflkable tl the

1S The ~ lias nol980 guaranleesfor loanslaIlten byotIer$ from BanksorFinanciallnSlillJllon$ 16 The~1l1asnot~ itlynew mm loans (Urg theyear- The Termloans OUlSlandllgallhe bullmiddotgrJthe

lUwasril 17 ~tc the formation an e~given 10 usandonan overaleaminalionol theBalaa Sheelal the ~ weare 0theopinionIN no $horImm1oarl$1Ia been usOO lor long IIm1 tl esIi IIII ltIS

18 lloong the yeartheCompany lias nor madeanyprelltmntial allotment rJsIllfts tl parIIeS and companies covered in theregf$(efmain~tJ~ 301 al theCompaniesAct 1956

1gThe Company lias nossuedany detlenIlIres during heY9i 20The Company lias notlta1Sed any money byway ofpubloc rssue dnIg tie yei1II

( 21 In ouropnion Ild laquoeortIngtc the iflformalion arld xpIinItiorl gwnlO us 00fraud onorbytIaCOIl8Y has ~

nlttioIld orfIPOII8d dumg ee year thtcauses thefinoncliI satamanl$ to bemalariaiymissaled

For RAJESH CHATURVEOI ampASSOCIATES Chaltta-d AClOInlmtt

RChatu-di

PIacIl Kal Dated 28lhMa- 2010 ~libeis1 shyNo529llI

--Balance Sheet as at 31- March 2010

SOURCES Of FUNDS SHAREttOUlERSmiddot FIJNO _ -

APPlICATlON Of F1JNDS csers

IM$--OlIlgto-=-o

shy

100479000 2 92680000

musUIlI

3 1~zn245

194272245

rot )9$411245

bull 321969 061 - 1410U6ll

ClJRRpoundNT ASSETS lOANS ADVAIiCESu bull __ C81t 8lai8-a I-t

Sbull

U~356 72152(1ll71tl610

n 1-sTUw)shycww

I bull (872lillllll

u eolor taaicn

nuoo NET CUIlREHTASSETS

-(21129111)

Pfl()fJT amp lOSS ACCOUa 2711Sotl$l

rc 3910431245

NOTESTO TIE ACCOUNTS 22 Thf~~ t1ooe bm iIf1 gal part1If he Ballnlo SheeI

In _ aI(Ill IIIllOI aloMn dale 8IIlIChed

tNrdgt]t 2Mlt

1al4790lXI

bull

muSllOID

211Jamp33ll8 21 ~ lA33ll$

( 1 S02 311

321J2OS]( 1S7 7llO 6GB 163929iI66

li3 t 2U amp6

01530 72152(7

11 213 701V

11576833

ro 1161233

16IU2(

4I S02

lor RIjMII ChIturvtd amp Anoc_ For Itgtd ~d

c_ shyA~i8b -e Kolall DaIId 2811 uy 20 10

C $ Cbcudhury KaII s aoptbull Viol 0- ow- bull bullshy

SK~ Gof-IFuIc~

---

--Profitamp loss Account for the yearended 31 - March 2010

Sd 1Wdl31 2010 INCOME Sale 0TltiiiPrtOoG cow klcJuampeI~) III SkIdlt 97l198 17878

135125ot

- shy

FQor gtlis OtlerII gtlisee-J

leoSOibullbulle-- -COW-SeAng amp Pnldua De I bullbullbullbullbull --Ilems aI ltIlmllle yNr

n

ts te rebull

11)49028 120932 m ~12J51

2fioI7454 195538 6928685 6 ~7ampM2

5861 892 2929647 921633 92216

16on064 13822019 aee 158ll3ll

ltm s

PROFTT I (lOSS) PnJlil I (los$) bebw ~ (330542 4)) (25040611 ) PIoo$(o b ~ - FBT (10400)

(33054243) (25111011)

J 17~20

(238383798) (21 31530011

(271 1SUS7) =

For IOJ Of )tNI d lIlo 8tgton1

C S Choudhury K1ijal Sengup~

Vici ClamIa-l C1IiimIM amp IIiIgtIIloWll Dnltlltrr

s KMukllopacfhyay -~IFn1naJJ amp~~

NOTES TO THE ACCOUf(fS

In IemIs 01 1M reptil 0 (MIl rIaIe attadleIl lor RajKh ChaluIYIIdI amp ~t5

R ClatucIi-Dated 28th May 2010

- - - ---

- - -

bull bull

SchedulesForming Part of 8a~ Shelaquo F AUI middot MM~312009~3121110

~

SHARE CAPITAL Auhoflllld -- shy~

lllilOIX~_ltJRsltl-_ 120000100 ampaooOOO

luued Subsaiblld Paid upJlIlIOIlIl~sr-ltJ Rs tgt-- fullllI Ult_- - - -shy

104909000 104900000 I Oli HICl Eqity Shno 0 ltl- YlI_b__ - 50ltI (lOO 5091000

- -11 o000DOO 110000000

- SharCI _1 A_ 1S21ooo 1521000

01419000 106479000

2 RESEIM SURPlUS roo ~-CapcentlIwbsidy (Gcwl Ql West Bengali 1SllOOOO 500000 _ 91 13000II 91l31ooo

9268ll000 92600000

2 UNSECURED LOANS From eeeesCorpaote 194272245 21 7343388

194272245 217343388

8 FIXEDASSETS tEPREClArntl _shy_~

~-~~

bullbull bullbull ~ bullbull bullbull bullbull= - l Ol20 ~ D1 [)I1IXamp _

111lllll1O 11Ollllili ~ -~ -

~ 1$1 -- ~ ~-

2lt W - rWlro til1 TampI s

_~

I~ _ ~ ZSO~13relt 21U8325DlgUO gt5~O IG lJ231ae 390428)1 lIJ I3 m~l08

920 -~ ]100) _113 Zl(lllll~-

ll~ SI2 T3 1J2 M~ -- - m ~ 511~

_ I RIiloo _133lt0 romiddot ~ 611811ll 1138lt20- I 11 oIol ~M- - _m

IIIlt shy-- l1t12I571 2400II l1t 1 51~ - ~ crbullbull 163mllRi m ~IO3ll -l2alte2to l2TnO510 1IJg6l5111 11Il22OW IU lIOlIOlI T83 mJl(lll

-~

18

-~-----------------------------

---------

Sehtdults Forming Partof Ba-- Shell

see INVENTORIES As -en-ee lyNuCl

shy--shy~r omooos _bull Clro- Sa eo CcocI Orooer Sa C llcUIIW

lMs PIIl_kw~c

CASK 8AHK BampLampCES c1It-_amp__ bull

cr~Sd

ocat b a- ( (00 _ 0-_1

LOMS ADVANCESbull shy~

1vJ ~_etl 0

II_Clfb_tlt_ AMrakwf = _b - FB7 (fY2IlllI-lI9l _ FS T -Y2llraquo- tI e-PLl

1Iwll ow F- ~ lane F- PClI _ Tax AI ~ InpIlIVlTIW bull

s CURRENT LIA8lLIT1ES PIlOVSlONS ACURRENT w8IUTIES0- _

bull SSJ lnt

-- shy- SeoIII) 0tpaM Reo 4 o8Cl

rMra F o-n- ~ IPl sad PaIl ~

bull~ FOR TAXAT10H FmlIlIInIM Tax

ts

IIIwcb 31 2m0 -

6111$ $ 681 fjl

U 1U5S 1991 53

119904163 ~n9~16

1l1527

2 ~ -

UOgt -

17 bull lgtS ~11

om SlD5 211503 ~ ~ ~

-

8718610

lt10901 S790 151 -wm

310(0) uo48ns_

( J MardI31 2Illll

shy21i21l6ll j$~1

~lSI

1( I1SOOJl2Z

11713 ~ 1795 11

12lsWshy

lW111

_137f

6913201i

2JOgt rea

1Ui

l12n1M

63522501

3100XI

11576)33

ro 70bull00

- -

--

- -

- - - -

SltheClIles f ormingPart d Profit amp LO$S Aceounl

10 SALES

-~- -- 11 OTHERItCQME11-[ melt

12 flaquolN OPERATING INCOItE LatIy lnt1en Ilad

13 RAW MATERIALS ~ Slcd01 Raw ~ Add PudiBse Duling he year

less ~ Stock IIntten 01

__ less ClJsrlg SOdl

15 UTIUTIS - POorCf amp fue l

FltnI8OOOiI shy_=00=4 of ~ 16 PEIlSCNtlEl EXPENSES

Salary Wa1eSEltgtlus ampExQlIJl wgtltl~

Co ConlrbJliorllll P ilIId E S I F fICmIrOW_~poundlC

Stl ffTffin~

LtWm 8 liwiIs

17 Olli ER EXPlNSES AlOIo FlernJnn1lO1 B3ltkCh Books amp Pto odicaigt ConsJlanc S service CtIatgts eooooo Diltectgtf Sitmg Fee Oonaion amp SltIbwEnt9llJirlrroerj bpelMl$

-- V endIltI ~ 1 200IIM~ J1 2010 h

- 2(6557 l4t64

lJl17li 457449 172899 _ - ciJ8S

420amp82

420amp82

~62U68 1441323 96691 l294m

2111359 21421 00 162n

2050~ 2742100 501554 2621168

_1~9 ~ 120132

194905 sbee 407285 ~

Zn1 1~ 412351

2320 ~J 751578 24367 17lt581

15379 ~

264745C 1guraquolIshy

OI0tTO S4lll292 370512 35096

17412 19J11 ~ 911 138 574902

6928ampamp5 - amp471gt12

1890~ -zsesm a 18793 4308amp5 29864 207818 152574

~40000 ~ ~

55189 ~

-_---------------------

--$lttdules Fonning Pillof Profit amp losl kwunl -

FIQlIy Fcnrc ~ RligisIi 01- shy shyPlIge amp_Ii Prning amp S -_ Wi _ t XD - shy

VIhdI a -

UidbullbullJ- 5aLJrtG amp PRODUCT DEVaOPllOO

Elwo_ 11_ C

e shy- shy CgtWltGES CIlCllfl CrdNc

middot~(IITOS bull CIlE$lDl-

shybullllII

ITE-s MllTTal on DURING THE tElR ~OIlIIe _ncIl11ngi1r___

21 AOAJSTlIENT llfLlnfG TO PREVIOUS lElRS ~~ToPt

---

IIIrdI 11 2lttO

293~ aeses 2013

3 67 37 37193

31 lOl

~

_~l-m

V

scs 2671

~

-- IampIrcII 31 20Ili

shy321581 271850

92 312102115875

~ 500 ease ~ mno10 ~ 3lrn

OW

eo ~

m me

nM

21

n IIOTU 0 ACCOtIITS Slttw- tlmnI prI die ilalfte srt1Il Istllllrchola nl PIlIIII amp 1JIIs-aul trn _ -1IlliIlI31YIrct2C 11

t Sifi_Ac bull shyt _1 8o$lS CFACCtIUN7JrIG Tht~ e p wl-MI_UlcstOll__l Ol atCIAIba5lSd~

C_ lIOltUSgqIUI)lfICl- i1b1el1l~ c__11IO

oonplyOllfltlt~~ ~ eolAaNIfSWdilnl) ~ 2lD6 puSUiRlc5ecbI211 (3C)1te eooesAcL 19561 lto6lmiI) Gle~ ~ ll _ (_ CAAPI ~andft~ pvmIOOS DIN r~-1956 Tht~ pJlIQeIl iQCQIlSISIonampyamplplledbyN~

12 USE Oa STIliAn The_n_of~~~OIIhGAN~~ lDmakelSllnllllC ~ fllIlllKttlt r8pI)1ed-td _aod- ltIIodocltre 01 ~ngenlliltlillIes

bullbullbull_dbgt ~ tol -l had pjoesrilrng IIMI ~ penxl ~~ 1IIilinaIIls b8sed l(lOII iitSmiddot be kloItIatunwl ~CIlUOJ

3 RXal USETS fI F_-iIl~ oxa oleUeoabIfII1oa 1C05IIICUlli5 IIIGUei llclir-wh tJitS-mcubullbull__

Ib)Tho~_rJbed _d__QnMj [ ~

laquob)i u lEPRfQA1JC

00 bull d -1_cnoodIl CIIIIriiIgb me ~ lillle-~ Slt1leOjo JNrJ ~AaI956 bullbullbull_

~ e-LCIII_~~ding 1efW _iii dlldl e-ertSaly~oo__ bull bull Ii middotded~r~4~_d_

15 MPARlllEtITF ~taehilllalCli SIlIlIll_iDl __ Ii CIIe__~

rldicIIt rt ifllleao_ ~ 01 bad _ lt1Plomgtooed N pa_ lCJsI le1 _toe lltT)lIlll_fII oIl1e ~ lib11 tJIJIIJ Cash GEsIili lN (CGU~Of ollelexceeds_1JIfiUt Tho__ Ii hi QIMkI d1lgte_net ~1IOIiI$_In~vaIle ~ hees~matad lltlft cosl lbw mUle use ollne aiiSs diIcounled 0 Ilelr Pfesenl_ 011 WIlltl_ M ompAtTIIMlllCJsl is~ j tt- _ --linllertlCOYlfalll onanlrld sunlrlss_OOIorgor_OfModicgtaw ~ Ioa l JlMnIIlterMa ~ tI N carrp1J -01- _ Mlil1 case d CGU

7 I Jok CIII~~

11 MfIlTORIES (___~ t_ ~ -cIII~d

~roolSldlel I ~-_aI _1ot-IIIDdQn5

~___~COIlf~plOdocII_oelDI n DbeJddampl7ampblgtIealll ColIiMlill- shy(bl- __- __~hsIoecgDCII2I --=lIl_dalilnnll

II ColI d a- ltIiel IItnIr _ pencil 01 _

~CllljO _

11 ~ a OGCOSTS amp0 g_hl~tI t Of~olhec __ iIo-t ~aolglgtltdgt_ _oWIOcoAI_dWgoltltJ~_

22

18 REVENUE RECOGNITlON ~ tom the$3Ie ~ goods(rouong TrllIi prodJctloo1 Ilottlesl IS ~ t4XJI passage 01 titleIe the cuslomen wtgtidl ~ _ Iheir ltIeliver) ~~ -y cui 01 gtltu ltifIe cIiimr 8lc altcOunlted rasand hey ~ fnaIydetlt1rmonod

19 PROVISIONSCOtITINGEl UABlUTIESAHDCOIffiNGENT ASSETS lalA pllOISIOn IS reoogrrised when theCUI1pal) tlas bull n-Jl otIIIgaoon as ~ 01 __ -l ~ ~ an CkIlkgtw 01 resource Of t ~ 10 $OllIe the ottgatiltJn in respect 01 wIldI ~ ~ _ be_ ProyenIIions are not diiowlId l)~ ~ ond a ~ -d (WI be5l OSlimate ~tl_ the abIigaIJooat he -e__ These _ atNd baJIIoce sIleel

d e -l~lO fllIoa lhe~~l~te

(h) Cootingenl labfllies ~ byY offICIIe5 IC (0) ConlingenlAwlz~ Y_egtlaquoepl lor lho purposed _ellol-

110 lEASE Sne 1(1_ has beenlICqIOrOO to-PCl ~~ l)pe 01wiI be deIenTwgted WI

~ 111 ACCOUNTlNGFORTAXESONINCOME

In-01 lilt lossb tie year ltJ1der revi Taxeson CuretC anIDeleltted Income have notansen

112 SEGMENTmiddotWlSE REPORTING The~eXltiJsiwe~ 1$ maruaeturinJ yenIll lI 0I V Fblsnl such in theopinocgtl Qfie Ibr1agemenl ttIil is lhlI (IIy lepo ~~ ampe9fIIlOl per AcclInng SllnIiard 17 on SegnetC Repor1lnt =oed by n - 01 Owtered AaxgtuntlolS or lnclol There 15 no ~ GeograpIwal segmenleithelt

111 EMPLOYEE BENEFITS (I) llelnod COOIlIbtlJon 10 prQIIidertfind ard empIo _ 0SlGII00 arediared Ie~ amp loss 1lCttUll 01 fill _ GleQlIIIrtbulions lOthe~ bIClS n 0JIlThere ate roo 0IheI 00lig81i0nI Ie Ihe eo IJIt I oe-er lIaI1 clJGb6Dn payable to therespecIMI-uy illIIIltntJes (b)Mninul1 _ or bonusasrgtcgotiated fmm n 10_ os lIo1W oCCOIJlted arc pood ClIIIl basis 0$1 -dQlllSlSlfrqt (0) No _ llInIIfit5lCthe~

Id) A molteltolco_ y_llerooIIin lhebmaigraUlyisllilllltraquo_ ed oncashbBSltl

1 _1~ POLICY ON EARNING PER SIWlf (alBMcNrnig persharelliltAlQ ~b)~lhetgtet~OIlossallet end rtude POSlIPeeclolany ~ ilem lor the peroltl IlItWtIlo Il~~ by lheweoghled ~_deqlJty shlIe wtsIMding dtgting ~ pergt)I1 ThegNed _ 01 equity share$ 0JISll0 tUroll tle PriOd In-fore_ fgtCiUdirIg a txnIs iDoJ tIatUI eleltnenI 3 right issue spill d __ or reverse tPl (1elXlISOIidaIiDn or_os) lito made dunng lteV-- (bl Forlto purpose or llIkulatJIJ ltlIuIod rmroJ per shire Ile Il8I prolil d ltJfl penod_ eqJfy 51eIclldelt n tie ~UltJef ofesQJDldo ltkngtg1MperiodInedforleellecls d II dilutive poIenIIIl d laquoJI- shy

115 PROVl$ION FOR TAXATIOti 13) Tax pense for1M)83 ~CUfeot ill ampdefMed isi1cloled Ie fIIt pltolit (lossl fortrleyeor (b)A~ IImadefortheCUTefIllagtbMlOlillIiltlOity(ltJmpU1ed 01 aoordancIe _ RlevariIlagt raIeSand ill A Pfl5lCl IS made fol cleIemclllDl for1rr9 ltttrerenltel rIsing and liCOJUOlg _ alarreotty Ofsubsl8I1Mjyenaded (e) ~ Igt-Is are ognised 0fIi) ~ _ is certainly 1l1111lhey wiI be INiZe6I1ld 1IOewedfollle~mm sheeld8led1letrIlspectivecarryolg_lIl11dlballiltllte

116 FOREIGNCURRENCYTllANSACTlON ~ applicableFltnql orn=nq lrrIsaGtiolls are accounleltl for at f1e elltolrlge rale prevaiing at the blttnsaction dilte Yearand mnetary assets and liahiitiesItIIoreignournrq are Ir3n$Iated allIle appHcaOie year end e chaoge ~andlIle ~ dilIeo elt ICe is eoognrsed $gaOl oo lorhe ytII

2 In tleopihJndlgtt~ Iho maM3llIe_ dlllaS$8l$[ eilherheentire~amp~ ling Ie 1rftVerwus Fbl ~~ tle0fIi) CGU cI ~ or Ile _ I tlNll l1Ier fIan tIo$e Ii respeclMCltlII)iniimlUllalLId1 assets no ~_IIason trgte Balance Sleel ltllte

lal Bank ~ fa 01 W8$l Be1l1 s_ ElltctncgtIy DioIiboIiltM ~ lid m

(h~ Claim agaiosIheComooy 0l0l ~ 3171849

(c)Oarn01 cerw ExCse CIuty InIer ApplrIl kI Trtlur8I no818

4 Asrc IleIeSlllls beenchargedOf1Ioler-Corpoltole~ he_lias flO beeoleswnatednj ~ n shys Partl OOIlfJrnlaliolt in respect 01 outslar1di~ balances JIr SuIlay DetbI Sltnlry Cltedl1DlS Lwns M~bo-on - inlrl OIIII$Idenolio1lh__

6 The Contrtd _ MI$ e- 81goroeemg 1M COo~adtA IISPObIe for Renovatlon wonlt at Fadlr was teminated dlIlI to pocI and sub-llarolard~ 01 wo1lt and maleliaIs At prtSeI1I hmalilt isurderfillg3lion

7 On iilllleial- ~lSioId CllIlridol~ djotlbyWs FreseruKab Pvt ttd (Fresenlus)1Iith eII8cI JrorIl ztSl Augull 2OOl5 fie -1t 01 ~ _ F-_ 1OImOa5e in cowetSion lthave Godown Iml Vat IDS tlfuMnl $aIIp by hit ~and~ of F-- has enuo oed UI~ cliIIe an no 8lUSImIIthas bftnmMI inherftIIIIld aaolIlIS thnfor

8 NJmaRECEVEOGAlNSTSALEOFPlANT ampMACH ~ E RY

At ~ tgty me Cornjgtony sctI--(dIi 000lt1 ~ -- amp FducalIon l id ~ JtImne _ oIRs 315 CtCQ edt ClIt ol Rs 612cnnsdUlWlg2009-10 iOJIinSl- 0111 Fluids 1Tl8I1~

maIonenes for wllCtlappmpriae resoIutioM -e passed tlf the- Companfs sharehllderson171tl ~ 201 0 Thoi Wesaid -m was ustd by he ~ IIMartlI ~~ 01 unseated kHI J-d from -conponieo

9 MIslment relathg to pr1lIioo ~ ear amounting to Rs 2157641middot ~ net 01 ~~ br Bank Gunnlee released by Bs1 ~ 10 R 7740121- party dsll bypro perod Alary Ib 37097shyrlIenlSl a-o dN)ood ~etarges etlt Rs 371 151middot01 N $arne year

10 MICROSWIILU tpoundDlllM ENTERPRIsES The COnpano hasflOl recewed Ifl IT 0 bull as IIqIJinld 10befledWIfIlhilllOllied ltlJlt(nIy UIMler 1le cro SrtalI JtId MecWn EnIefprioes ~M 200li c1a1Tlll19 tler S131S as00 31st March 2010 (and also 31st March 2(ll)9) rrntroSlIaIlard medlrnenlerprises~he_1Slicl payabIf klhlse dUIWIg_ l_~__l iS nl

11 The ~ III yet to fto -V adopI~ Standard 1S EmploY Benefits (lWes 20(5) issIed by ee 1nstilIJIl 01 ChaIltred AccoulItaols 0I1ndia ant deliilIed discIJslns reIaWli to Oefned Btnelil PIons couId FlO be fnidellollcrnonlS andRe9ortshy

12 RElAI ED PARTY DISClOS~RfS

DiscIoluesasreQUredJIaxulIilg Sagtd8Ill18aregoenbelow

LdofRm~~s

SenboEngneeMg Limited se KrojaI SenguptaErrOclln 81gi_oog Pvt lid -- shy8eeni I-IoIoifgs PIlI tid SnC S ChedMY

Dr Sll8IllaI 0lalCI1D0I1ySenboEnm ampPvt Lid SoFTarIp Kumr OVIkraOO1y Or Asilth Kumar Sengupta

-Trrnsactions with Related Parties duting 2009-201 0

Nature o u pses KeyManagementComj)lnics Personnel amp IWlati-u

(- lRs)

Expenses Ditedors Remuneralion Cullllllt ear ~ Nil

~ Nil

Dirnctorn SLtJIlg F Current lar- shy 40000 Previous at 2a COl Inoome

Electricity amp Diesel 71373

54358

Outstanding Balances onJ~ March 21)10

Unsecured teen CIIroIIt Year 1S4m245 Previous rilar 217343388

13 EAR~ I N GPER SHARE

Cumml Yn (Rs) Previous Year (Rs)

Net Profit I (Loss) after current and ~ tax Weghled Average

(33054243) 251 11011 1

Numtgter of Equity Shares 01 Ri 10eadlason 31()3-101 0 10647900 1O647OCXl

EamOngsPer Shale(BasicandDiluted) 14 FigUIeS to thepreltioos year tevebeen re-arranged and fe-9ouped ~ necessary

is Informatioo PlJfSllaI1l loNotllication UIIllerScheduleViofthe~rns Act1956 IAscertifiedbythelllartagement)

CIfIlInt Year

Oy INoofSoltMI 151 Annual Capacty _ PrOOLlClion

15 11 Used Capacrty 1aOOClOOO ~

1512 I rgt$~ Copltgtdty 18000000 ~

1513 TrialPrndLJClS of Irl1tlwenous FlJid _ MacIliroI upgradatlDr1

r p~~~ 157634 1178355

Saio oITrial FroducIs ol-shy 24244 206557

153 I -V FUds BottIos 191 18664

154 -shy IV FOIds Bottlogt 135309 990461

Pn0IS Year

INo_ oHloltles) IRs)

16000000 ~

18000000 ~

17878

~

1919 186amp4

-- --

CUrrtfltYtar shy- - (Moe-) -1 55 -- M5gt I PIWj G M M M M M M532 0_ lt0shy_~

GolI-ampO -- c_C_ -shy

1511 1572 sa-ls-o

-- -- -- -

- U - -- _ar shy_Cshy- - oW bull

~amp2 ---- M

bull bull bull_- -_ M

u uUm-- S bull bull

IS 5 12

0shy - a

1t11Pt a a-M

~

M- M

-

PCIY_- M M

M

1111 M

~~ 11

-

c

l

-

Informationpursuam to PartlYofSchemJItVIof the CompanilsAct 1956

B 1IceSl-fAbaraer_~~8U$-_

REGlSTRATlON DETAILS

~i No CJrI L 22 fTfTi( B I 9J r pT L o amp3Z 7a

llaIIAe Srleel DtIo l 3LlBpIl l amp11 oJ tl CAIIfAL RAISED DLRJ~G THE IEAIl (Arrioln Ra 000)

Pul iIlh I~ ~ Ilo1IIsaoi lonuI1saoe [l~N J t l PO$nOfII OF MllfIl 74TD1 AICl 0euroJlCmlEWT Of FUtClS AIoIIut Ik lDlI ___I bull~ f 5_1 kIII-- bull - -~ si shy

t1L ~ G 2aDi-l - shy- CIl frIJill ill-l412l1lJ ~oIFomds

lei Fuel A- [lj 41T[)l ojsJ ITDillJil Net ClmlIlt Assel5 [-r2T i~ 1_3ill j271T[SS]

N PERFORaLlHCE Of COlIIPAHY (Amwllll RsOOJ)

Tlnll1OII ITI2 -i L i lJIZ3 LL31middot~ r3Jl~~_

tJ3T( 1 57 a-LJ(Itl

GEHEltIC HAIlES OF 1fREf IRIHCIPll PROOUCTS

1 t _-FUds QV FUlls) CodIo No

2

3 NIL

ScheclJM 110 22 in siJed y Ihlllolowlg

~ RAJESH CMTUIlElllamp SSOOTES ~ I

bull 0-- di oIlW

SK_ DollId 2lIII1oIat_21110 -- ~IIIfl9r~ampe-~

CEOiCFO Certification

we 11- odbilljji led CU 8ijIlICbltt epacilieliISownn ampIotirIagrIg Dnaor (CEO) IFd Vice o-w (CfO) d soo~ lgtmed(ltgtoCornfrylOlMboltld ardbeIilIl oerIvtrlol-II) we live ~ ee lIIbltgtoamplinInciaI ~ noad wiIIlhe Cash FkM StaIIInWot d Senbo lnOlgtIneS Litnited

1orr-~3middotmiddotIlIntI2Cl0InlSllleNIl t81dart4 l _bIliIf (I Ibullbull de ngl ~ _ilIII Ibullbull or_ ~ lacI or_

lIOilSN1IblI tng _ ~1 __ 111_ I _-~-n_

~ iTa __

(tI) we _ lilbIsIdar if IId bIloII1lIIIlr1nIdOtlStrlIlllIICI tIle~ dUIrog

~_II1e~~arltAl bullbull ~lhe~eoaedCOtQcl

w lIodaN II illla~ d ed aJ onan 1Id C6 - Ked OQi lheCOdeolCcnltudilS~lPylN~_

(e) we UNr1ClllPC abIil beslilllIslqlnl l ODIlIroIIar 18Mll We heltdl ess d oornt sysIImS 01 CalgtanJ IIlilfnonl8 1ejO-- ~ tl tie 8IOIorI rdtlI AIdI COl_ I1olfio I(ies inle desIJl or oplIlllOi01such Itlma eortroII ~ any olwtJdwe arep3fllard stejlS takenorp-oposed 10 blIlallten b rlifov1g slICh oolioencie$

(d we_ tedanw_1MItlaIian tllha adnnllheALoltCo bull

(I Slfiji~~I onIefTaI~_~~ltUIlglher-

jiI Sy d8lJlI f ~-dellaWlg n lNllhe _ ~ lilNIrwlQiIl _

1 _Q$gl_f3UIl ~_=1- I Y gl bullbullbulleor ~I KlIenlhe~-~~-

M$Oillilllshy

c S Choudhuryvo-shy

~Iaqtion

~~tlIIulewr~Eta pnooad -09 (l l1ll(iildl-O_ 1le sma EAlw Ile eacle wbullbull SorirIr 1Mie Fwi lIIIIIlIoM oed eooue Code aJCcrWcl b III yelI endId 31$llllaodl

ForSoriIo hUres ~

shya- 1 bull V Dncb

28

-

-- - --

--

CA91FLOW $TJ1UlENT FOR THE YfJ~ BiDEDtiP IIAACM Z010 -- _shy1IIntltl 2f1

A calli FilM Inn e- gAdMliII5 - shyPdrllDaJrIaolt lD ~ l32ampl t 459 (251303971 ~bDocgt_ l$OnlIamp 134lZft9 ~PdlllJ bIbw IIoIIltlg ~CwlgII 16769 3S$) (1l JOl7I) (ro-~Wilrblil~ (Ottgtr tlan Cash-l CasI1 E~l 3amp521 301 (5510185) Cxh IO ~ fIvn 0parBli0ngt 221511006 116618564j Drreel T_PIId

l CnII FilM Opamng AlttiVitift 2215$il06 lU185641

II CUll Flow from Irwu~ng Acbrilies (248467) ~dr-lI8d~

nbiIg Fonogn etrq VinWI (29701199) ~farCl(lUl F~_

~ Net Call uMd ~ bullbull ~lI Adma

c e-Aoootr-f_ ~_ -edShn CCxlaI

PIgt --blsI tolt ugsReceJi_ d uo-nd u Oftrlb Slaw PrtIdoIl 01 pel ~

NatcII -cI in FNIICiol9 AcIvilieI l2107U43J NehlCi (cIao I lineal_ ~ ecuivaltnls1 8+lt1 (560~)

Oparong B-c orCallIand Cash EquiQIente 907371 eea CI~g BilInel of Cllh and Clsh Equivalanb W 907311

For ftOll_ dlho amp11

CS ClMufhury kIP ~ ob ow- cr amp~lrnIaIY

SIl II I I at Gewaf ~ amp~SfcreWy

bull AUDITORS CERT1ACATE

fila- roe _ QIIfl b e d sa8) MlUSTllIS LUTEDfarhe IlClt ended 31 wm 2010The 81_ beerl__ llr fl CcnopInJ awulIe row =eliIca 32li1il1lillAQl _ SIocIo ~_ _ _ __toBIIliIlaSIIIIMoI cnce CIIIfU-lrW1lIPJflb tliOld~

For gtASH CHATlfltD bull bull ssaxaTES ~laquogtIl ws

DeIeol- 28tl ~ 2010 PrtllU Ho~

29

~---------------~

BOOK POST

Senbo Industries Limited

Registered Office 87 l6fW1 Sarari KoIoaa 700013

Phone a33)2217 891516 Fax 033 2265 9485

Email senboindgmailcom Wilbsile wwwsenboindustriescom

Works KarbBla Sonarpur Station Road

KoIkata 700 103 Phone 033 2434 7339

Fax 033 2434 7341

Page 7: Sixteenth Annual Report 2009-10 - Bombay Stock ExchangeU8il. C8ncer R!sean::I'l lklil5 1il:l!l>tl1l 1lC. In8lldIlIor. lhe I!oItd_

~ltlo managenwJlandrlelt-ecardiai YllUCompany 00I1ImIlIlld IIIemIft lIlll heallllandlllllty III Yemployee at its lltodory bypmWtng 24 Ilcurn ~ medical chedlt-ltIP by docb Your CorrIany is aIao ilted to pnJlllOlilg iIlTlOlI9SI its em~ ~ _ ()f~ IXIIiiJcting 01 tanng ~~ i1 onllIr III lCtll5lQm n ~ lie quality 01 its ~wei_ill MSIQ ~andrQIlcaIe i1hemtie need fore1IiC8JlUSl d -as utilibes R ather felOUIllIlS IllIl3Xllllll pmduiMty Your Company provides iee ~ acilities for a yees It $cJnarplt6 TheIjlIc__lIaIo1g accooded liitfll SJPllOIllltheenlfur~1lNivaIrJII- Company ~ ir1 __ rJ ~ rJ pressrc prlXilclion aclNiIiI5 YV ~~ may 00tlSidst reducing IS1lalI sRngIh till0fJll)le0 ie 1aIiG ()f ltleW projod ~lhe Miioeo~ islIIpmenl Ieeli1g a_of r85llesstleSSarnongst E eM

DIRECTORS RESPONSIBILITY STATEMENT a Your~ ~folIcwed Accounting StnarltIsn lllllplteparabon rJ-nlaIAogtmt5 b Yoor 0R0lDrs IWd ~ $IIifl1ltaltlltlng Idcies asrroliOi ldd 11the ~ III flttlulls and sWiied hem

WlSislefllty iIildmade~lS n Ihal are realllllllillen prudeoI saaslD grwe Strueand m_ d stale of s~ olllle Com pan~ SIIIIe m rJ31sl Marth 2010 n 01 ee loss d theCoqIany or Iheyear erdirlg31S1Mardl2010

c Ywr ~ hsve Illlt prtlpll n suffICient en bI fie msntllliJnCll rJ sdecp-lICCltlUIlIoIg1llllnls i1 ~ Iheprovisiorn ollie ~ Act 195ampor ~ lle_ d IheCoo1pany and Jar prllV9I1tingancldelSdl frnud and_~

d Your~~peped Ille AMual AcwJnts on s gci1g OOllOllll I)asls _

FIXElllleurolOSlT Dunnglle jM _ jOUlCompany Pla5rdaccepled -ydeposillrom Public

PARTICULARS OFEMPlOYfES SecUl217(2A) at theCollllIloesAct 1956wlIS rd slice tllenI_ no~yeedrawi1qsalaydlmghe yeari1pClS$ dthe SPedfied smon CONSERVATK OF ENERGY TECHNOlOGY ABSORPTlC FOREIGN EXCHANGE EARN INGS amp EXPENDITURE

A CONSERIIATION OFBfERGY 1 -and Feornplion C_Y- iouI-v

Eiodldji WBSEOCL

lt~ 1gtlt875 143593 1757578 Rs Kooh 1224

10671 243670 1n581 bull -- - 2213 Rs 1l Consumption per Untt 01 P-- crrt Yu PrwiouI Yoo

~I-~_ltgt 0shyI - =1

The energy ~ hasalways beefl bull plioily ares forheCompany roo dreclloS are ymuch consaous ()fhe need1crcmservalion0energy lIS onP9 pIIXllSS n 1cr thstpupOSll connaooseIforts n beII msdefor OpllTUll -shy

bull 5

B rrcHNOtOOYABSORI7IOH The Corrgtany iswaiting forlll project 10romeil The~ IIereb IIldeltIake5 trat theedvlolog) 0Ie fIOCl boU-bed ciJrinll ard I Ii aIIer theieJIei Itl ohe pmfICl

C FOREIGN EXCHANGEEARNINGAIDEXPENfHTURE (Amount in IeI

Current Y Previous Year ~

1121m

bull ~

~ AUlnORSMIOAUDlTREPQRT

Mews RaeSh 00aurvedI ampIssocgtatos ChaneredAcoounlantsIe theslatutwy audilorsol theCompyenly whofat bull

lhe lJflllolmng MrlUal Ger ling ond being cOgi)Ie ~1Ilad J iItid bYlle ~Illhigt

Iunlal GeneraI Tha ollservilOOrs cllhe aUlt1lors on Itgteir repolt1 on tie ~s aoount U 2(lQ9l II QOI QJDn ha- been AienlIydislthlaquoI intileNoles MAolttulIIlIftll bm ~orhi AcaulIs iIICl neednolurtheo~

AUDITORS-CERTIFICATE ONCORPOllATE GOVERNANCE

A Qlrtioca frtrn he iI)r ollie Cor(Jany IfI9IIog ~ wilh rae Code d Corpornle Govemance as ipo j -aa-49~IhRLi$tIllgAgr_rt isilllOampedtohis Report

DIRECTORS

SIi C5 ChoudhJry andDr SMillai Chatrnborty DirecIorn relire at thelorthcDmiolg MruaI General ~ and beilg ll9beolItor ~1ot middotltgtwltgtbiC

ACI(NOWlEOGEMENT

YOlIllOlcIDrs Jlace on rlKllfll heIf IIIrJliite IIanllts and dell eaaIoo 10Il1e vanous GoYerrwrent Oeparvrerm 8argtks SIlillenolOer1yenKl~ulhe~foflhelrltgtgtlt1inuppoo1lo ttuo~ ny

For andln behlIlf0fie Board

REPORT ON CORPORATE GOVERNANCE

COIIIPANrS PHILOSOPItYON CORPORATE GOVERNANCE

seee Industres lirroIed IS oommrttIlC I) meoqea dhe ~ ng ~ Inhe WIfCISe of ~ andpUllltlagl red~ L Tha Corqlany is bfIer ccwrrilIIId 10 eflSIlre ccwr1JlIeIKe with the GJde 0 Corxlmte Gaemaoce10eohiloce and proled the iolterestofam f1e sha~5

BOARDOF DRECTQftS

Tt~ compositon 01 the Baard 01 Oiroclors s reglalilltl bot lhe Camlgtanies AD1956 iIICllhe CoJ-rparlys ArIdes 01 Asociam 1M IloBrd oIDlfeclOfs rJ1le ~ _he ShIegic goasbased ontgte ~ oftheCompany __1gt policies ItId0-- t3bntIollllclSe ~ tofaobt ~ lielakingd 5lIillllIIe adiln for atlaOlllelll ofitsgoals

6

AIpresent the composrtioo oItha Board of Directors coosislsofEx 16) DirocIoo SriKajaSengupta the main IIffiIllOter and ItJe Chair ampManaging (ljree1orheadsthe Board SriKajar Sengupla isBSe (Hens)graduate and has 31 years ofvaluable eltpererlCe inhi-1ecI1 OJl1strucliorl and PhalmalteutlCals Ifldugttry No ~ ourrtlypaid tohim The Vice Cman 01 theSoard isSriCSChoudhury SnChoodhury isa ~aduate lIT theCormIeltce Sream lId islro Fellow mcmbet of the lnslrtute 01 Cost 3Worllts ACltXgtlmtanls of India lie has expooence 01 near1y 1M 15) decades vaoou Comp1ns 01 Enggtneenng Cltgtnsuudlon Steel Tea Tm1ber Hotel andPharrnacevlicals Heis due10 rNre by mtalion altld be1ng oIigible oers hi mseIf fltlr rtl-ilPXJinlmerll ill llgte forthoorrmgAAnuai GeIlerID Meeling Sri i(jl19shUk Sengupta is a B~or of Commerce and lias over 16 years e~ in higtgt-t-eeh COItStruCIioo pharmaceuticals andgtoIe industries

Dr Sha ibal Chakraborty MBSS is a repotedcardViogist and hascxperieoce inmedical professm for (NIf wgt (2) decades He is due to retireby rotation and being eIQibIe offers himselllolt ~tmern in theforthcoming Annu1 General Mooting

Sri Pradip KUlllOf ChMvorty e representative ofsmallshareholders ofttleCompanyhasnea~ foor (4)decades01 ~eperience

Dr As hKumar SenguptaMBSSDGO(car)5a reputodmedicalproctiliooer havm9exjJerience eM 2G years AJ DireclOO Other ltlan SoKajltli SenguptaCl1altrman 8 Maraging Director Sri CSChoudll) 1lfJa Chairman and Sri IGngshuk Sengupta alte independelTl DirectorsThe represerrtatioo 011 tle Boord 01 DirocIoo 01 cxecutiw viH-vis ncoshyexewlive Din)(t(l(s is 33 The Company ho rool entered toanymalenel SlQrnflcantrellSadionwithnon-ampXCUlM DOedorsof theCompal

BOARD MEETING

During the yeelt under review fiw lloerdmeetiroJs were held 011 3rd Apnl 15th May29th June 27th July 14th August 30thOdober2009 and 15thJarwry201 O

The lasl Annual General Metm9 01 tile Compo) was hold on23nJ September 2009 The cornposjlion oftheBoard of [)recIon and thr attendance athe Board M ~ng s dum thoyear and athe Annual GeneralMaeu and IIe number 01otherDirectorshipand Boord Commmee MembershipICllairmanslip areasoIIows

UImber ofother Dirodolslip 3Allendance

Comm~ tiershiraquo CbalrrnanslHpName ofOiredors om ~ shy- tlIgt tOp -- --shy-Shri Kajal Sengupta - - lt

Eecutive Director r - r S1lri CS CcYojhury Egteattiw Oiredor Dr- SlIeftWCIiakra~ Independenl

Nm-Egteculive [)rector r 8M KiI1gshuIlt Seogupta -

Non-Execulile Oiroctor r 3 Dr As1sh Kr 5el19upta Independent

Non-Executl~ DIrector r- Shn Pradip Kumar ClIakralCly NcltHXflCltIroe DIreclor r y~

AUDIT COMMIITEE

The Audit Committ rompnse5 at two (21Noll-E-ltecutive0iltecI0rs and one Execuwe Director The nonlXecutl~ Directors being Dr Slaiba Challtralgtor)i Chairman ofAud~ Committee Or Asts1 Kumar Sengupta Ilttrile Shri Kajal Sengltlpta Choirmen 3Managing Di-ecIor is thesoleexewti [)jrectof Dumg theyearunderreview fi Audit Committee meetings were held thedates at those meetings being 3rd ~l 15th May 29thJlflamp 27thJul)

30Ih Ocklber 2009 and l5tl JinJary 2010 TheW ofhe Comn1llee and tileattenlance at the rneelIngs of Comrrotlee ee ~ below

Or SIiIitgtIII Chogtkretgtoltt

SoKajlII SengupIa

Dr AsnISh KltnlrSIr9JPIa

Moaf~_

bull e e

ThelemlSofefeoleandtile~of~ce o1 lheArditCltnmllee incIude shyI Erampmg 00flIllkarre and~eIlitieocl oflllefnll w-nI system as weias ilIemaIlkOl

b RellieWing of ~s fInancaaI perlormamil 81 ~ intervals os til as ~ng of Ihe ~$ RnanoalN(OtIy lIlCISS ond COItUfIV FnaICiaIStatements beIor8 SltltrIIssIon 10 tIlelloatd

C ~soopeandadeQuacyofalltlfu1dions bodlintemalno statrOIY d ~ 01cnbcaI fll1dlngs particUar~le toelebof= t eoorgtOmlZllllon n~ iltJIprtrmg ~and po otllabiily asweiasrelated followJPadJons 1hefeoI

~oIAaxgt111ingSandardsandDildoslnnormsprescnbedunOOrlhe~Acl1956

f Disdosng ofIinni8l ilIooTIaion wl ertSUing its correctness 1UIiaency 0e0i0ltit and rIs oroQ llih SlDdlt ExdIange Regulalbns Eli IoOl as0IherIeg3I requirements

g ReoJoeoding appoilbel l reflQVlI ofexternal~~ olaudrt feesandapprovaj b paymentbOlher seovices rendered byille extemaI auoiIors

h Reviewing fndrgtg ofNlilobsertallOfltS and(Jibcal w ke susperoled rul ororregularity orlamofilIemaI rootroIsystemsand~ sllCh matterslOtlelloard

Re~ of mallers ~atrng to dIarges n ICCCrUlUng polices fIlIlOlt IltXOltlt1bng entries based on eunlsc of judyel ell ransactiortsn dI0irecIcn8Ill dlrlaquoli IlIdrredlyriaesee

~ RevieooWg ofheFnaICiaI andRisgt Management Policies oftie Company

k Revrewing from _ klliIle the Comparly$ SlaIUkIIy and W1tradua1 gt as well as fOOSO1S fur ~

~tany

REMUNERAnotI COMMITIEE

RemJneltaIlon Cornmotlee ~ 01 two -exerullle llitIdDS viz Of ASISh Klmar 5ef9JpIa Dr ShailaI ChaOtaborty and ooeeJecaCiW ()recu viz Shri CS ctwtuyVee Chailmall was blIed by the Board atIts meeD] heldon31slOclobelt 2006 TheCommi lleeis~by OfASISh Kumao ~ TheCorrmitteehBse--ad I01h row kllleIerlrine Ihe terms 01 awonment and rtmuooralion of ExecuM DilOCbs policy on renue-aboo packageoIheExecutMl Difeclorsand 0 inSIttiog leesas pad klllrtecbs lorallending meetiI gtgs oIlhe 80arC or Cormittees theIeof During tle1narOIIl)ampyenooeme~ washeldon 1$111 Ja ry 2010

The arnposrtion oftile CorrvnitIee andIhe allendargtte ofhe II lP ofheCormIittee-areflivel beIcM- _-Dr ASISh Ktrnar Sergupra

Dr~ Chaklltllgtorty

Sri CSChoudIury

-shyChairman

8

SHoREHOLOEfICOmiddot TEE

S1 dlIIos Coull WIUI fA Ine ilClelodoo~ llntrs yenIl- OrAslsh K-rw ~ Or ~ OI8kI tyllld Shies Claduy Va on _lomgted byheBoIItl aI ilsrneettlg ~on 311l~20lllI The c tie -lid Dr - Kumor~ The Iem$fA to fA s wO 01 v- ~ fA

fA IIe Ca__ 111 td we ~ ilt Illd 111

pe1bfAlII ~1lldsrT nclIlloIW ilS __ -clIdIll~ lI~

No fA S1dldlIIos ~lOlir ~

Nod ~ II Nil

GENERAl BODY lIlEETItG

Thelal~ lIIIWlgfA~_PIIIldItSditacl_

1HIlAW

umiddot Sttwillii 2lDI

23 s Jillii 2Xl9

SpKIlIIIR bull ~a I~~ 9S

One(ljSpecgtlll R bull _---e--clnlglhellinler~

No spolOIII-on bull P-IOr ~ fIIIu1l PliI biIlloI b ben

PtollliI e-t1lld W COl Imiddot ry -ar pill Go is II Setu1192AfA Ill Ca_ =L 1li56-c1 Cou_IPiIIiIIIg 0I1lli Igt ton lII PllaIiI bIIkil) ~ 2001 an eBCII WIlt 90anl fA Ondori appQi _ tlr~ -dI PtollliI biIlloI

ceccc bull Duolrlg h _ ng _ II __ ~ Oitean llIl1e

Moo~_o1lhIir bullbullmiddot OfIlllilioo5IralIllglll_~~wl-fAlhiConlpatlyat b Tlwn_ng lllilInceoi non-w lCefA iI)- ~lllIlliC3pltllclnlgIIIIlrne~ald

ee pili bull 0I1hllQs _ ~ on ~ by SIPIr ~ Ill SE8lIlI oe iIalIb) ~ on _1lIIiI8d 111 capIlaI __ clnlg r1asl (31 _Illd euepl uplIiGo n ~oI~s ShIres byS1Ddlt EgtchltIIJ 01 b ~ ~iCEiald ~hnebeen lI n _ tal CCIrr1parly II hopefUfA idla 01 sbove suspetlSIllII at eat dIIe

c n lull Ca_ lIlIolos eqlIo18lS 111 ~ obOul bel acul or suspelgtdeltl hull 01

fIeeanpry-lhDuloI PU

9

I

IIEAIIS Of ~l1OIII

cu _SDt~~~ l~_-ly~reds_

been ~ _ a - toO _ 01 ~lt)w hall ollie ~ ll AampdIelI ~hriI~rdJliShIdhlllI(3)mcnh rJecIo6eoltgteilnaroll)U ~-AIaenomalyputlllshld cnr ~ EnjlIII rei_ 6ongiI6 New i Vlz F ~ I B _ SlIrdiIrII (Englmllrld KaIInIir i PraIicIol I ~ I 0IherSUIIIblI ~ The ~ iss- IIIW5 ~ on 9 ~ COPOsle ~aoo aetiLties Scd1 forrmtion ~acl also beendislUycd from lime ll lime In theColrQao(s Wabllt fWNW~com but such~lioollasbeen madelolsJtulklnal inveslDrsorlolhelnliysts

RlSl MAHAGpoundIlENT

Tha Board oIlllretlors II Is meeti1l hekI 0Il 2nd lUi 200111as loIid- IIlII Rs MiowgGi(yni~

~bpti~IbIlhBoW~IIensllt ertnlbullbull iallllfOC1ns ~riIli bullbullaE_ ~pliC1t Ths~ bull ogli5llt~-nd lIuIrlls d carco-nj middot7 yog

~o- hebogoo _Ile~-b 80 bsl

Tl-onUltIlSb0 0iIfJI~ d-ndp 1-1i _ shy~ Roopcotioog ltiIl

TloeeIilCtllll_ -at-ly~anlllO

oDE Of CONllJCT

nw OooollotIal ~PlIlIdon2lld_2W1 ~CodildCoQclbtoe d~ _ tie lltll 01 Dnlttto-4or E oeo oeo s01SeniorllaoCoftgtlI~ -= _ WI oIoIos

1 To 1d1he 1--d and iOlcirrobOgMms 10 tgtlI~IdIlclneSt)o ~ aIalIy and ~QlI(kJllIllnlsetoes tl 1 lXIUItIlW1 and~ ITllFfIT IIld noI1IM fnptper Idvantltge oflhl~0I1he Dncba 5IlfIIlr~

2 To~wiIh p4ic __noIeoond-middot

3 To Id gcoIlIilh ~ u cn 00~~ and ltifYo wrthtot IiIcJwoJlg lteir deldoi~ jlOjlobullbulltll)lllblldio

C 101d IoerNncealdh~oflhe~

5 To ~ -sr hi - Goglny lIIIIIn _011_III I o-eIat he adl cu iorlle _~ wtcIlleltiQlOid lliJealo -or~hrilSUlI_

5 To lllId III cu- oflb I1ll lelllln of~ toe cone d 5_O-Sw=Ilae-DIIlde--telldloonbIOOpMrS ~_alIIlatIzedor~lOdo1doIJIlldlob --ilrn-og1lle~~-b-__

a AooOO 1SIjjIny1bilt~I-clCIP8JIYOoodros b~gIrIltin_fIIl

LitUIllllillIIbhlCJmpilnys

7

--

9 Nglo_wilIOl 8ClP8dauwd_ DnanIor_IftOIIII_grb~d ~iI wnidIr-ohctar-dncl1lllrlllt

I ItIiP ~ar~~d-1-dIllldwN bullbull txIushyAONbWho-w_ wu_tIlcUd _lldIca__ a-d ed__Ile_ttl_gr $ dariliMl d~arbullbullbullbull 1 pgIicf nlIll1-W-llr IllBowll_ tnne-cl _lgradllCbl o-sw hey-IUd__CD1Ir_oode 1gt10-- u Ccde_Seniarpaw I

GEHERAlSHAREHOlDERIOFORIIATlON A-r~ ~ OngrlRn _Soii _2011 ald 1

C ~ S bIlts ~~SliIonRcamp1 KtMI- 1llIll03

The Carnpaytskm l SAp1l lo31S Ylrdl ~far lrllloMlJIifWSb2111(ll Illd dod ~1ar4tl~erdtlg311lldaJdl2011llIwlildeoedasPlrClluu~1 dLiIlnIlAyw=t _ SUiExctooiglS 0alBooot lIltIsIn ThI dMIs d book drI5uI1I llOll4d be tolIXI d (1) dIys Nt- ltII nell ArnoI ~~

DMOond P- DItt In- dille contnoous loss flcurIed bythe CotrcIony no ~ Ilai been ecollwendd for theyMt 2Q(l9-10 ~ onSlodl ExchMgt~

SIQs d Company nlisllld wdh h Skidlt EcIIyenoges d KoIIIIIIlld MumbIo

Stoclo Codo

) Sbt CaIo d SIot Egtdlengebull tVtlIi

bj S1oc1 CadId SIot ~ Kobto C) oma I$IN

rI hStloj COSlIar Equitybres d ~ 1llpoundl12C(l11l18-- _fIl-golnlg _ O illlxraquo z zrd-tll

q bull w ShM TAgiMt _ _LId D511 llIgn 7lBRll8 Roio1 ~-700001

sw T S-TIIz srehAIIIt-__-~bnl_ poo _Oil ~1 Illd _ lDIl d 15ltiIys b doled IlIOIlIIl ~ bon__bull II fIIIl2stI bull _dSEBl IlJdlIIS CO J lzcIIJd9-T~ l--1lI_ 1IiZIIlnrWbull apICXIlIIIr_tl owh $ dlampijsd lOd 9__01_ ~opISbdemIl~ iD tl

llimil ill DtoixgtsIb Pa (llP) opIiol 01 ~ ThI Dol Pa jjlii z~tliMlIOlIlIair _tlCciroIPWl liang_oil -lopleXl OnleCllPldllW_ ~ dIbullbullwtleilalilwe In_eedDesrDlgdoiIIle IX~despItjes__

--

--

Diol oI Sb Smiddotmiddot~raquol

bull 01 ToaoI SlIiiel C ~ltI 5110 lOll

a 101le 500 501 101000

UlOllO sooo 5001 10 10010 100011020000

a 200011050000

bull llUl01 101 OJ000

bull5

~ 00 00 1IIl r

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~

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315S2 3394849

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100bull One bull jz 01~

ThI_~III~_OOOOP_ (1__29lgt~2O(I-t do ~1ICi9_e NStlOllI51l 2001 n aJSl illI -ltIIrIay 2m1 Tl3sl WitId 201O1le~ll driAzlo~b4 3801Ifot ltlCl8fool

-OUTSTampNDlNG GDR I ADR WARRANTS OR ANY CONVERnlllE INSTRUMENTS CONVERSlOtl DATE-ND lICELY IlPACTON EOlKTY

n~ -1lllI_ 1 GORIADR IWi15 1~ nswmentsanl hence lhn IS eo ~on re E~~aIhI~UIrgtltD oIIbcMOlStlmItlI$

- COCA SertIOhlushstmled KyenbIIL SovlUSIilIol Fad PO ~~ 100 103

ADDRESS FOR COAAESPOMOEMCE Forllnleo del 01 crollorqry -olllhn nlniIIIInrlll8lad laIied 5enbo~lhiItd 87UnIl s-~ 700 013 fue 03322178915 896 F 033m5911l5 22178917 E-IIl bw Jlu LillDIlIII - _~

AUDITORS REPORT ON CORPORATE GOVERNANCE TcltSha- It CIISenbo uIId 1 Wer-_ C UGh af ~aelfsnInlUroe$~b

Inlng 31S1wtf12010 flaeltf9a1hblnagodh~sxt Eoct 2 The_u dw rJw 1lMl 15 hesogtsblll dh_yenel CJI6 I

_Iiro-I tl~1II u ~b)h~bIIISlJII cubullbulla COidoo air COrpnII - M aid_ a E4I d on hOII 5t_d~

3 QIopIUI roIllI flit tc aI Ioo I kl10e V- tl _ adIIyh ~_wl4W w ~G z In__ 1IIl4Jbull We 1Ia __ grbullbullbullca REgiA amp Ston i C s shy_ d hi --a_CBIlIocl_ason 31S11oi1rttl21110 lO r-greaald9 1lJIOIIl_~bl~~tneoncnll

5 We adI ultr5IlIrIJIDIastlUewdfyd~ngr or bull I ~_amplel~tle~attgte~

For RAJESH CHATURVEOt ampASSOCIATES 0- __ bullbull

Itbull Po

~~~op No52a

AUDITORS REPORT

TO THE -WlFRS Of SENllONXJSTRESlMTpoundO

WI _uMild 80 SrIeeI d Serbllrlllustles InIIlM1Il3111 rlIrdI2l)10 r PrIllll l loI5Aalull lorlit liM IlIlIlil c--edarcI Cash Foo 51 161 lorh petllXI endIol on IltI dIltTt-ir8alI lolSnllel_d~118JI0u~ ~eonss Ol)irIoingn-kvOiI lolS-IonOlladl we _ ~OIIaltIIlIU AucInlSlirdanllge bull Ej hiiL n-StIi(laods Won ihel we plala petbm Ile kI ~~_illouI hlCiaI Ieare free d eA1IadolnUles_ bullbulliG-ona_tlaSII~Q~Ie_itld~

1hI1iN1rrili111 olSMallClUlecncUlls gOeaexDrCHhiCl(lllSllSIditldliUbullbullbulleoa I made by lIliiI8l8ieI III~ r0YIIlIli lrinIII $ e=-we belevelltlWlaDIptllOOde$l -onable lIISi5lorWI opirIion Wereportlhal 1 All ~ by he ~ I Report) QrIler 2003-ed by CefVII ~ SecIol

221(4A)oI the ~Ad 19$1fld bullbull1lIed YCJ~ we endosoe IIheAllnellft1 I 6donhe

ta

--

focltl iOjA4an1 5of1tlltI ~ 0rilPlt 2 Forttgtelt 10 oltsltOIIIITgtI1l intheAAnexUl1l refemld 0 inparagrapI1 1ilbove we ~ lhal

(sl We hIM obl3Ined ltII b i nj elQla OIlidl kllhe beol 0I llU IltIooIIeIlge and rae were oecessaoylolhegtUpo5eofcur~

(h)InQJr~OO prQ)(IbookJ ofoxountasreqUred bylaw hMebeen llteptblIe ~solaras~ rQm onllamplTlalioo dhose books

(c) The 8alance Sheetnj Proftamp loss Aoourlt 00aIl iMIl byh$ Report are inag SEll IiCIIwil1 the books ofilCCOUnt (d) InClI opioioo ee Balance Sheet ProIil amp lois Acoount amCash Pow ~ Odh IIfAacultng Slaodiods

rlIotfed inSectioI21l(3C)oI1h11 Coo IlpanAct 19$ ill solaraskSlardarlls Up1l llhle to he~

(ej 01111e DaIS0I11l11811 ~oIIltnl recellltllrcentm lho ~as oltl 31ltlllorch 1010 -IlakM onrecoltd by he Boanl of DirtctltlrS W8 rcoon ltIalnone rJ the DillJdors aAI ~ ason 31S datd12010 frJm beng appl)i1ltK1as DndI-ltOnlhe---g0l~27 4 (l)j)oIlIe ~Ad 195E

(~ In opioioo MIl III Ihe best QUI informata1 andaaorIlng to the ~lions lJnto us lheS3IC financial_r-d no_WIth It Silt1Nfgtanllatu1tingPciOe5inl subjello ~oI 11~~01 BoniS GralIiIy LltMI EroaslYrent lIrId~ reeeeee COl Sltsu-Ily )epoKCtfw3I UacicaI $lcrliSheltmlIIl101 wIidltaanotbeendee1millad Notbull bull regardlllgroorgt-chalt gingoiRelteSlCOllnter~ 8oowllIfroma~~ ~S on Pamptj~on Sorory~ampuy Aibs lIrIdlC8iSand~

~ oW lreganlilg~or_dwithMibull F Kbivt UltI tho_lO Notll egarding ~ oIAotoonIllgStandard 1$~6enefds nllle AIallWs

1gt1 bnirg pall 01 SdeduIe 22 flIllCI ~ -Mlh oiliernolM lheren giesfie rIorTnation ill ite mannerso -ec by 1he~Acl 1956andgivealreandlatr Iij Inhecase ofee Baiance ~OlllleSlaleoti1l1aQCorr4gtonY31 Motttt -00 (il 1iI he caeoflte ProilampLossAIC0Iltgte105$ for IIfyell elidedOIlltlat dale and fli) I Ihe case oftheCashAow Statement0thecash lowsoIthe ~ tJrlha lIaI eMed on lla1 dam

For RAJESH CHATURVEDI amp ASSOCIATES Chartared Accountants

RClgtatuMOi- Dateel 2811 May 2010 ~MobMMbullbullbullbull

ANNEXURE TOAUOIT(RS REPORT IReferrtd to iI Paragtliph I 0 _ RtjlOl

1 In respecl ofis flxedassets al The ~ te5 ~pIqlliI reortlosllllfl ful ~ ndodng qumtoIYe details anlsi=lion 01

FudAsselsonlhebasisolirlJrlnallon8Yaiible h) kgtorrIng to ee iobmaion ifld explanalions gWen tousee Fixelt Asm IaVe beer physIaIIy-t by the it~alreasonahle lIlIlVaIsand no_ClISCtlIaICle__ongtltdoYftrifalioon

c) II cu- opnon he ~ laS 001 cIspo$ed d subsIlniaI pall of fiMd assets dIIingIIIe yearanl thegoing ll)rOm $I31US oIllle CompenlIS flOI 8ffeced

2 In rl)Sped ol lllY8fl1lrie5 ailemiddot I IF Old II us ~ SIIri dlinlahad goods sbamp lllIamp ~ argtl raw itIiIlera6 exoejIl sIocls ththll

PIlies and IaIl5Il dal a ll phy$icIII~ verified byIIIeiNMgemeot al raasooarMe rlleltlaiS blmourLlJllllOll andaccoofug tIllhe ir1bmalictt 8Ild~~lolSlha proceVesolJttysica

II Adlts foIowed by ~ -abla argtl adequate rela01cent Ihf size d Iflt Coo1pany and lltueolils~

cl Pol eplaled Igt thediwepancjao nolieoltI onnflclloon bo_ It-PhysicaI Slrlcgts and IIle Book Records oIlfIelevef material haoll bee~deallMIlhe booksolaccoons

3 ln~oIloarr

alThe ColrQan dunng he 18 ha$ taken ~ loarts 10m Coolanies isIed n toe RegISlel fII8IlIained Ofdmllll dfleCorapeniesId 1$6 dllSal3llanliillilt w11ree

b) respeetolloans and acMnces il1he oIloonsQbVthe Ccnplyt)any~sla1Iwheltesbpulatms havebeltln made partiesistilllls havegeneraly repaid the atnOIflli as 5jplaquo j oIterlanthose written Qll ltltrIng treyea

4 In OU opiI1ioo 8lId 1 Jollie io1omr8tion ilI1d ~ 10 us eee ae1ldeqJI1e i1temal 00fllr0I prooedures~wiIIllhe sizerJlhe ~ llIdlhe_rJcentS OOsiness lorthepurdlaseolstwes shymaterials irdJIlng 0CWfIP0IIIlls plant amp Ichiy ~ and olher _ and lorthe sale of llJXlS 8lId servilte ~ is regolalt intaking rorredM -eswtlenvll( major ~ in iJlemaI COOIrtIl are 0 31111lt1

5 InCUopnioo and accllI1Jing to lhe bull ottand explanatioos gven tous110 transaellOnwas madeb- purchase 01 goodsrodma_ arid salerJgood$ mariaIs 8lId_ III purwance 01Clllilaets (I 810ge0 l8IllS entered in the er malntaioad lfW Section 301 oIlhe CompaIieStltt 1956 andagrpgalilg o1rigtg the year III Rs 500(00Of more inrespecl ofeach Pall)

6 The Comparl~ has rd~ anydepolIbfrom the pubic inIl1IJIIIU 01 SecIoos 58A 58AAor anyolherflOyenanl prtlVlSlOIS ollhesa

7_lIOUI opiMln Company has lIrllrrlemai Auditsystem 000 lei0SInIeWIIh ltIs size and thefIIbe oflSbusJIess 8 AalmIlgt) iJIcIrmaIioo and egtpl3llllbOnS gigtO kI ustheCeMaI ~t has notprescnled 1eniInce 01

costrecudsulS209(1J (d)ollhe CMIpooieampAa 1956 bany~o1 lhe~ 9 Inrosped cl S1IIu1orydues

a) Arcming 10 Ihe reoords oIlheCorr(lany at 0UIWndng dIJes In respect of Providert Flft1 Etlploees Stale InslrarceWilst BengalVAT CervrnI SalesT- 1rgtCQme Taxes rmSI rknoiplII Tn F IorPolutioo Conlrol Tradii Wcense and tire liclne eamp haVl eeee paid du 2OOS-10

bl Aoord glo tile~ follJfId egtpIarIaIiom given 10 os 00~ or~ amets payablei1respecl aIiPlCtNTllltl sales au WSIOlTl5 OOly exose dulyordues peyIIbIe 10 any olher SaluloIy and II](Local ~

were oolStnli1gasat31 $I Marth2010loraperiodd rro-e tlao silt ~ from Ihedate theyeeeerepayaIW 10 The 8CWlIIAaIed losses oIlhe Company at theend oIlhe fio1niaI )Ilar a Ine= 01 its networth I has rcuml

caslliosses duIngtie l8 iIIIdalso inthe previous JnancIlII year 11 The ~ has notOOIaultedInPilyment rJltlues toany fnIIciaI lltllliortorbankorltlebeo1IUes tdders 12 In00 0lIlDl am ~ III the ~ an explanalion grven to us 00 loans an acMnces haYe boon

pliedbytie CompanyfS1 theblIsisrJ$lllUIIybyayorpledge ofshates debenIIresan OIlIer secuilies 13 In 00 opnoo the CorJImy is nor a chl bld or a r)(IlVrnutua fundIsooely Therefore daose 4 ( ~~I rJ the

Coo-nIianies IAuliIor$ ReJxx1) Odef200J ltd as amended upto-date iampnoI ~ IllheCompMy 14 mour opinion the Canpany has notrIeaIl or traded in shares ~ detlen1urelts aod 1lVeWnen$ ThBreliJIIl

clause 4 I) olIM CD-npanos (AWibs Reportl 0r0ar 2003 an 3$ _idad upIO-dala is ootaPflkable tl the

1S The ~ lias nol980 guaranleesfor loanslaIlten byotIer$ from BanksorFinanciallnSlillJllon$ 16 The~1l1asnot~ itlynew mm loans (Urg theyear- The Termloans OUlSlandllgallhe bullmiddotgrJthe

lUwasril 17 ~tc the formation an e~given 10 usandonan overaleaminalionol theBalaa Sheelal the ~ weare 0theopinionIN no $horImm1oarl$1Ia been usOO lor long IIm1 tl esIi IIII ltIS

18 lloong the yeartheCompany lias nor madeanyprelltmntial allotment rJsIllfts tl parIIeS and companies covered in theregf$(efmain~tJ~ 301 al theCompaniesAct 1956

1gThe Company lias nossuedany detlenIlIres during heY9i 20The Company lias notlta1Sed any money byway ofpubloc rssue dnIg tie yei1II

( 21 In ouropnion Ild laquoeortIngtc the iflformalion arld xpIinItiorl gwnlO us 00fraud onorbytIaCOIl8Y has ~

nlttioIld orfIPOII8d dumg ee year thtcauses thefinoncliI satamanl$ to bemalariaiymissaled

For RAJESH CHATURVEOI ampASSOCIATES Chaltta-d AClOInlmtt

RChatu-di

PIacIl Kal Dated 28lhMa- 2010 ~libeis1 shyNo529llI

--Balance Sheet as at 31- March 2010

SOURCES Of FUNDS SHAREttOUlERSmiddot FIJNO _ -

APPlICATlON Of F1JNDS csers

IM$--OlIlgto-=-o

shy

100479000 2 92680000

musUIlI

3 1~zn245

194272245

rot )9$411245

bull 321969 061 - 1410U6ll

ClJRRpoundNT ASSETS lOANS ADVAIiCESu bull __ C81t 8lai8-a I-t

Sbull

U~356 72152(1ll71tl610

n 1-sTUw)shycww

I bull (872lillllll

u eolor taaicn

nuoo NET CUIlREHTASSETS

-(21129111)

Pfl()fJT amp lOSS ACCOUa 2711Sotl$l

rc 3910431245

NOTESTO TIE ACCOUNTS 22 Thf~~ t1ooe bm iIf1 gal part1If he Ballnlo SheeI

In _ aI(Ill IIIllOI aloMn dale 8IIlIChed

tNrdgt]t 2Mlt

1al4790lXI

bull

muSllOID

211Jamp33ll8 21 ~ lA33ll$

( 1 S02 311

321J2OS]( 1S7 7llO 6GB 163929iI66

li3 t 2U amp6

01530 72152(7

11 213 701V

11576833

ro 1161233

16IU2(

4I S02

lor RIjMII ChIturvtd amp Anoc_ For Itgtd ~d

c_ shyA~i8b -e Kolall DaIId 2811 uy 20 10

C $ Cbcudhury KaII s aoptbull Viol 0- ow- bull bullshy

SK~ Gof-IFuIc~

---

--Profitamp loss Account for the yearended 31 - March 2010

Sd 1Wdl31 2010 INCOME Sale 0TltiiiPrtOoG cow klcJuampeI~) III SkIdlt 97l198 17878

135125ot

- shy

FQor gtlis OtlerII gtlisee-J

leoSOibullbulle-- -COW-SeAng amp Pnldua De I bullbullbullbullbull --Ilems aI ltIlmllle yNr

n

ts te rebull

11)49028 120932 m ~12J51

2fioI7454 195538 6928685 6 ~7ampM2

5861 892 2929647 921633 92216

16on064 13822019 aee 158ll3ll

ltm s

PROFTT I (lOSS) PnJlil I (los$) bebw ~ (330542 4)) (25040611 ) PIoo$(o b ~ - FBT (10400)

(33054243) (25111011)

J 17~20

(238383798) (21 31530011

(271 1SUS7) =

For IOJ Of )tNI d lIlo 8tgton1

C S Choudhury K1ijal Sengup~

Vici ClamIa-l C1IiimIM amp IIiIgtIIloWll Dnltlltrr

s KMukllopacfhyay -~IFn1naJJ amp~~

NOTES TO THE ACCOUf(fS

In IemIs 01 1M reptil 0 (MIl rIaIe attadleIl lor RajKh ChaluIYIIdI amp ~t5

R ClatucIi-Dated 28th May 2010

- - - ---

- - -

bull bull

SchedulesForming Part of 8a~ Shelaquo F AUI middot MM~312009~3121110

~

SHARE CAPITAL Auhoflllld -- shy~

lllilOIX~_ltJRsltl-_ 120000100 ampaooOOO

luued Subsaiblld Paid upJlIlIOIlIl~sr-ltJ Rs tgt-- fullllI Ult_- - - -shy

104909000 104900000 I Oli HICl Eqity Shno 0 ltl- YlI_b__ - 50ltI (lOO 5091000

- -11 o000DOO 110000000

- SharCI _1 A_ 1S21ooo 1521000

01419000 106479000

2 RESEIM SURPlUS roo ~-CapcentlIwbsidy (Gcwl Ql West Bengali 1SllOOOO 500000 _ 91 13000II 91l31ooo

9268ll000 92600000

2 UNSECURED LOANS From eeeesCorpaote 194272245 21 7343388

194272245 217343388

8 FIXEDASSETS tEPREClArntl _shy_~

~-~~

bullbull bullbull ~ bullbull bullbull bullbull= - l Ol20 ~ D1 [)I1IXamp _

111lllll1O 11Ollllili ~ -~ -

~ 1$1 -- ~ ~-

2lt W - rWlro til1 TampI s

_~

I~ _ ~ ZSO~13relt 21U8325DlgUO gt5~O IG lJ231ae 390428)1 lIJ I3 m~l08

920 -~ ]100) _113 Zl(lllll~-

ll~ SI2 T3 1J2 M~ -- - m ~ 511~

_ I RIiloo _133lt0 romiddot ~ 611811ll 1138lt20- I 11 oIol ~M- - _m

IIIlt shy-- l1t12I571 2400II l1t 1 51~ - ~ crbullbull 163mllRi m ~IO3ll -l2alte2to l2TnO510 1IJg6l5111 11Il22OW IU lIOlIOlI T83 mJl(lll

-~

18

-~-----------------------------

---------

Sehtdults Forming Partof Ba-- Shell

see INVENTORIES As -en-ee lyNuCl

shy--shy~r omooos _bull Clro- Sa eo CcocI Orooer Sa C llcUIIW

lMs PIIl_kw~c

CASK 8AHK BampLampCES c1It-_amp__ bull

cr~Sd

ocat b a- ( (00 _ 0-_1

LOMS ADVANCESbull shy~

1vJ ~_etl 0

II_Clfb_tlt_ AMrakwf = _b - FB7 (fY2IlllI-lI9l _ FS T -Y2llraquo- tI e-PLl

1Iwll ow F- ~ lane F- PClI _ Tax AI ~ InpIlIVlTIW bull

s CURRENT LIA8lLIT1ES PIlOVSlONS ACURRENT w8IUTIES0- _

bull SSJ lnt

-- shy- SeoIII) 0tpaM Reo 4 o8Cl

rMra F o-n- ~ IPl sad PaIl ~

bull~ FOR TAXAT10H FmlIlIInIM Tax

ts

IIIwcb 31 2m0 -

6111$ $ 681 fjl

U 1U5S 1991 53

119904163 ~n9~16

1l1527

2 ~ -

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17 bull lgtS ~11

om SlD5 211503 ~ ~ ~

-

8718610

lt10901 S790 151 -wm

310(0) uo48ns_

( J MardI31 2Illll

shy21i21l6ll j$~1

~lSI

1( I1SOOJl2Z

11713 ~ 1795 11

12lsWshy

lW111

_137f

6913201i

2JOgt rea

1Ui

l12n1M

63522501

3100XI

11576)33

ro 70bull00

- -

--

- -

- - - -

SltheClIles f ormingPart d Profit amp LO$S Aceounl

10 SALES

-~- -- 11 OTHERItCQME11-[ melt

12 flaquolN OPERATING INCOItE LatIy lnt1en Ilad

13 RAW MATERIALS ~ Slcd01 Raw ~ Add PudiBse Duling he year

less ~ Stock IIntten 01

__ less ClJsrlg SOdl

15 UTIUTIS - POorCf amp fue l

FltnI8OOOiI shy_=00=4 of ~ 16 PEIlSCNtlEl EXPENSES

Salary Wa1eSEltgtlus ampExQlIJl wgtltl~

Co ConlrbJliorllll P ilIId E S I F fICmIrOW_~poundlC

Stl ffTffin~

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17 Olli ER EXPlNSES AlOIo FlernJnn1lO1 B3ltkCh Books amp Pto odicaigt ConsJlanc S service CtIatgts eooooo Diltectgtf Sitmg Fee Oonaion amp SltIbwEnt9llJirlrroerj bpelMl$

-- V endIltI ~ 1 200IIM~ J1 2010 h

- 2(6557 l4t64

lJl17li 457449 172899 _ - ciJ8S

420amp82

420amp82

~62U68 1441323 96691 l294m

2111359 21421 00 162n

2050~ 2742100 501554 2621168

_1~9 ~ 120132

194905 sbee 407285 ~

Zn1 1~ 412351

2320 ~J 751578 24367 17lt581

15379 ~

264745C 1guraquolIshy

OI0tTO S4lll292 370512 35096

17412 19J11 ~ 911 138 574902

6928ampamp5 - amp471gt12

1890~ -zsesm a 18793 4308amp5 29864 207818 152574

~40000 ~ ~

55189 ~

-_---------------------

--$lttdules Fonning Pillof Profit amp losl kwunl -

FIQlIy Fcnrc ~ RligisIi 01- shy shyPlIge amp_Ii Prning amp S -_ Wi _ t XD - shy

VIhdI a -

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Elwo_ 11_ C

e shy- shy CgtWltGES CIlCllfl CrdNc

middot~(IITOS bull CIlE$lDl-

shybullllII

ITE-s MllTTal on DURING THE tElR ~OIlIIe _ncIl11ngi1r___

21 AOAJSTlIENT llfLlnfG TO PREVIOUS lElRS ~~ToPt

---

IIIrdI 11 2lttO

293~ aeses 2013

3 67 37 37193

31 lOl

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shy321581 271850

92 312102115875

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21

n IIOTU 0 ACCOtIITS Slttw- tlmnI prI die ilalfte srt1Il Istllllrchola nl PIlIIII amp 1JIIs-aul trn _ -1IlliIlI31YIrct2C 11

t Sifi_Ac bull shyt _1 8o$lS CFACCtIUN7JrIG Tht~ e p wl-MI_UlcstOll__l Ol atCIAIba5lSd~

C_ lIOltUSgqIUI)lfICl- i1b1el1l~ c__11IO

oonplyOllfltlt~~ ~ eolAaNIfSWdilnl) ~ 2lD6 puSUiRlc5ecbI211 (3C)1te eooesAcL 19561 lto6lmiI) Gle~ ~ ll _ (_ CAAPI ~andft~ pvmIOOS DIN r~-1956 Tht~ pJlIQeIl iQCQIlSISIonampyamplplledbyN~

12 USE Oa STIliAn The_n_of~~~OIIhGAN~~ lDmakelSllnllllC ~ fllIlllKttlt r8pI)1ed-td _aod- ltIIodocltre 01 ~ngenlliltlillIes

bullbullbull_dbgt ~ tol -l had pjoesrilrng IIMI ~ penxl ~~ 1IIilinaIIls b8sed l(lOII iitSmiddot be kloItIatunwl ~CIlUOJ

3 RXal USETS fI F_-iIl~ oxa oleUeoabIfII1oa 1C05IIICUlli5 IIIGUei llclir-wh tJitS-mcubullbull__

Ib)Tho~_rJbed _d__QnMj [ ~

laquob)i u lEPRfQA1JC

00 bull d -1_cnoodIl CIIIIriiIgb me ~ lillle-~ Slt1leOjo JNrJ ~AaI956 bullbullbull_

~ e-LCIII_~~ding 1efW _iii dlldl e-ertSaly~oo__ bull bull Ii middotded~r~4~_d_

15 MPARlllEtITF ~taehilllalCli SIlIlIll_iDl __ Ii CIIe__~

rldicIIt rt ifllleao_ ~ 01 bad _ lt1Plomgtooed N pa_ lCJsI le1 _toe lltT)lIlll_fII oIl1e ~ lib11 tJIJIIJ Cash GEsIili lN (CGU~Of ollelexceeds_1JIfiUt Tho__ Ii hi QIMkI d1lgte_net ~1IOIiI$_In~vaIle ~ hees~matad lltlft cosl lbw mUle use ollne aiiSs diIcounled 0 Ilelr Pfesenl_ 011 WIlltl_ M ompAtTIIMlllCJsl is~ j tt- _ --linllertlCOYlfalll onanlrld sunlrlss_OOIorgor_OfModicgtaw ~ Ioa l JlMnIIlterMa ~ tI N carrp1J -01- _ Mlil1 case d CGU

7 I Jok CIII~~

11 MfIlTORIES (___~ t_ ~ -cIII~d

~roolSldlel I ~-_aI _1ot-IIIDdQn5

~___~COIlf~plOdocII_oelDI n DbeJddampl7ampblgtIealll ColIiMlill- shy(bl- __- __~hsIoecgDCII2I --=lIl_dalilnnll

II ColI d a- ltIiel IItnIr _ pencil 01 _

~CllljO _

11 ~ a OGCOSTS amp0 g_hl~tI t Of~olhec __ iIo-t ~aolglgtltdgt_ _oWIOcoAI_dWgoltltJ~_

22

18 REVENUE RECOGNITlON ~ tom the$3Ie ~ goods(rouong TrllIi prodJctloo1 Ilottlesl IS ~ t4XJI passage 01 titleIe the cuslomen wtgtidl ~ _ Iheir ltIeliver) ~~ -y cui 01 gtltu ltifIe cIiimr 8lc altcOunlted rasand hey ~ fnaIydetlt1rmonod

19 PROVISIONSCOtITINGEl UABlUTIESAHDCOIffiNGENT ASSETS lalA pllOISIOn IS reoogrrised when theCUI1pal) tlas bull n-Jl otIIIgaoon as ~ 01 __ -l ~ ~ an CkIlkgtw 01 resource Of t ~ 10 $OllIe the ottgatiltJn in respect 01 wIldI ~ ~ _ be_ ProyenIIions are not diiowlId l)~ ~ ond a ~ -d (WI be5l OSlimate ~tl_ the abIigaIJooat he -e__ These _ atNd baJIIoce sIleel

d e -l~lO fllIoa lhe~~l~te

(h) Cootingenl labfllies ~ byY offICIIe5 IC (0) ConlingenlAwlz~ Y_egtlaquoepl lor lho purposed _ellol-

110 lEASE Sne 1(1_ has beenlICqIOrOO to-PCl ~~ l)pe 01wiI be deIenTwgted WI

~ 111 ACCOUNTlNGFORTAXESONINCOME

In-01 lilt lossb tie year ltJ1der revi Taxeson CuretC anIDeleltted Income have notansen

112 SEGMENTmiddotWlSE REPORTING The~eXltiJsiwe~ 1$ maruaeturinJ yenIll lI 0I V Fblsnl such in theopinocgtl Qfie Ibr1agemenl ttIil is lhlI (IIy lepo ~~ ampe9fIIlOl per AcclInng SllnIiard 17 on SegnetC Repor1lnt =oed by n - 01 Owtered AaxgtuntlolS or lnclol There 15 no ~ GeograpIwal segmenleithelt

111 EMPLOYEE BENEFITS (I) llelnod COOIlIbtlJon 10 prQIIidertfind ard empIo _ 0SlGII00 arediared Ie~ amp loss 1lCttUll 01 fill _ GleQlIIIrtbulions lOthe~ bIClS n 0JIlThere ate roo 0IheI 00lig81i0nI Ie Ihe eo IJIt I oe-er lIaI1 clJGb6Dn payable to therespecIMI-uy illIIIltntJes (b)Mninul1 _ or bonusasrgtcgotiated fmm n 10_ os lIo1W oCCOIJlted arc pood ClIIIl basis 0$1 -dQlllSlSlfrqt (0) No _ llInIIfit5lCthe~

Id) A molteltolco_ y_llerooIIin lhebmaigraUlyisllilllltraquo_ ed oncashbBSltl

1 _1~ POLICY ON EARNING PER SIWlf (alBMcNrnig persharelliltAlQ ~b)~lhetgtet~OIlossallet end rtude POSlIPeeclolany ~ ilem lor the peroltl IlItWtIlo Il~~ by lheweoghled ~_deqlJty shlIe wtsIMding dtgting ~ pergt)I1 ThegNed _ 01 equity share$ 0JISll0 tUroll tle PriOd In-fore_ fgtCiUdirIg a txnIs iDoJ tIatUI eleltnenI 3 right issue spill d __ or reverse tPl (1elXlISOIidaIiDn or_os) lito made dunng lteV-- (bl Forlto purpose or llIkulatJIJ ltlIuIod rmroJ per shire Ile Il8I prolil d ltJfl penod_ eqJfy 51eIclldelt n tie ~UltJef ofesQJDldo ltkngtg1MperiodInedforleellecls d II dilutive poIenIIIl d laquoJI- shy

115 PROVl$ION FOR TAXATIOti 13) Tax pense for1M)83 ~CUfeot ill ampdefMed isi1cloled Ie fIIt pltolit (lossl fortrleyeor (b)A~ IImadefortheCUTefIllagtbMlOlillIiltlOity(ltJmpU1ed 01 aoordancIe _ RlevariIlagt raIeSand ill A Pfl5lCl IS made fol cleIemclllDl for1rr9 ltttrerenltel rIsing and liCOJUOlg _ alarreotty Ofsubsl8I1Mjyenaded (e) ~ Igt-Is are ognised 0fIi) ~ _ is certainly 1l1111lhey wiI be INiZe6I1ld 1IOewedfollle~mm sheeld8led1letrIlspectivecarryolg_lIl11dlballiltllte

116 FOREIGNCURRENCYTllANSACTlON ~ applicableFltnql orn=nq lrrIsaGtiolls are accounleltl for at f1e elltolrlge rale prevaiing at the blttnsaction dilte Yearand mnetary assets and liahiitiesItIIoreignournrq are Ir3n$Iated allIle appHcaOie year end e chaoge ~andlIle ~ dilIeo elt ICe is eoognrsed $gaOl oo lorhe ytII

2 In tleopihJndlgtt~ Iho maM3llIe_ dlllaS$8l$[ eilherheentire~amp~ ling Ie 1rftVerwus Fbl ~~ tle0fIi) CGU cI ~ or Ile _ I tlNll l1Ier fIan tIo$e Ii respeclMCltlII)iniimlUllalLId1 assets no ~_IIason trgte Balance Sleel ltllte

lal Bank ~ fa 01 W8$l Be1l1 s_ ElltctncgtIy DioIiboIiltM ~ lid m

(h~ Claim agaiosIheComooy 0l0l ~ 3171849

(c)Oarn01 cerw ExCse CIuty InIer ApplrIl kI Trtlur8I no818

4 Asrc IleIeSlllls beenchargedOf1Ioler-Corpoltole~ he_lias flO beeoleswnatednj ~ n shys Partl OOIlfJrnlaliolt in respect 01 outslar1di~ balances JIr SuIlay DetbI Sltnlry Cltedl1DlS Lwns M~bo-on - inlrl OIIII$Idenolio1lh__

6 The Contrtd _ MI$ e- 81goroeemg 1M COo~adtA IISPObIe for Renovatlon wonlt at Fadlr was teminated dlIlI to pocI and sub-llarolard~ 01 wo1lt and maleliaIs At prtSeI1I hmalilt isurderfillg3lion

7 On iilllleial- ~lSioId CllIlridol~ djotlbyWs FreseruKab Pvt ttd (Fresenlus)1Iith eII8cI JrorIl ztSl Augull 2OOl5 fie -1t 01 ~ _ F-_ 1OImOa5e in cowetSion lthave Godown Iml Vat IDS tlfuMnl $aIIp by hit ~and~ of F-- has enuo oed UI~ cliIIe an no 8lUSImIIthas bftnmMI inherftIIIIld aaolIlIS thnfor

8 NJmaRECEVEOGAlNSTSALEOFPlANT ampMACH ~ E RY

At ~ tgty me Cornjgtony sctI--(dIi 000lt1 ~ -- amp FducalIon l id ~ JtImne _ oIRs 315 CtCQ edt ClIt ol Rs 612cnnsdUlWlg2009-10 iOJIinSl- 0111 Fluids 1Tl8I1~

maIonenes for wllCtlappmpriae resoIutioM -e passed tlf the- Companfs sharehllderson171tl ~ 201 0 Thoi Wesaid -m was ustd by he ~ IIMartlI ~~ 01 unseated kHI J-d from -conponieo

9 MIslment relathg to pr1lIioo ~ ear amounting to Rs 2157641middot ~ net 01 ~~ br Bank Gunnlee released by Bs1 ~ 10 R 7740121- party dsll bypro perod Alary Ib 37097shyrlIenlSl a-o dN)ood ~etarges etlt Rs 371 151middot01 N $arne year

10 MICROSWIILU tpoundDlllM ENTERPRIsES The COnpano hasflOl recewed Ifl IT 0 bull as IIqIJinld 10befledWIfIlhilllOllied ltlJlt(nIy UIMler 1le cro SrtalI JtId MecWn EnIefprioes ~M 200li c1a1Tlll19 tler S131S as00 31st March 2010 (and also 31st March 2(ll)9) rrntroSlIaIlard medlrnenlerprises~he_1Slicl payabIf klhlse dUIWIg_ l_~__l iS nl

11 The ~ III yet to fto -V adopI~ Standard 1S EmploY Benefits (lWes 20(5) issIed by ee 1nstilIJIl 01 ChaIltred AccoulItaols 0I1ndia ant deliilIed discIJslns reIaWli to Oefned Btnelil PIons couId FlO be fnidellollcrnonlS andRe9ortshy

12 RElAI ED PARTY DISClOS~RfS

DiscIoluesasreQUredJIaxulIilg Sagtd8Ill18aregoenbelow

LdofRm~~s

SenboEngneeMg Limited se KrojaI SenguptaErrOclln 81gi_oog Pvt lid -- shy8eeni I-IoIoifgs PIlI tid SnC S ChedMY

Dr Sll8IllaI 0lalCI1D0I1ySenboEnm ampPvt Lid SoFTarIp Kumr OVIkraOO1y Or Asilth Kumar Sengupta

-Trrnsactions with Related Parties duting 2009-201 0

Nature o u pses KeyManagementComj)lnics Personnel amp IWlati-u

(- lRs)

Expenses Ditedors Remuneralion Cullllllt ear ~ Nil

~ Nil

Dirnctorn SLtJIlg F Current lar- shy 40000 Previous at 2a COl Inoome

Electricity amp Diesel 71373

54358

Outstanding Balances onJ~ March 21)10

Unsecured teen CIIroIIt Year 1S4m245 Previous rilar 217343388

13 EAR~ I N GPER SHARE

Cumml Yn (Rs) Previous Year (Rs)

Net Profit I (Loss) after current and ~ tax Weghled Average

(33054243) 251 11011 1

Numtgter of Equity Shares 01 Ri 10eadlason 31()3-101 0 10647900 1O647OCXl

EamOngsPer Shale(BasicandDiluted) 14 FigUIeS to thepreltioos year tevebeen re-arranged and fe-9ouped ~ necessary

is Informatioo PlJfSllaI1l loNotllication UIIllerScheduleViofthe~rns Act1956 IAscertifiedbythelllartagement)

CIfIlInt Year

Oy INoofSoltMI 151 Annual Capacty _ PrOOLlClion

15 11 Used Capacrty 1aOOClOOO ~

1512 I rgt$~ Copltgtdty 18000000 ~

1513 TrialPrndLJClS of Irl1tlwenous FlJid _ MacIliroI upgradatlDr1

r p~~~ 157634 1178355

Saio oITrial FroducIs ol-shy 24244 206557

153 I -V FUds BottIos 191 18664

154 -shy IV FOIds Bottlogt 135309 990461

Pn0IS Year

INo_ oHloltles) IRs)

16000000 ~

18000000 ~

17878

~

1919 186amp4

-- --

CUrrtfltYtar shy- - (Moe-) -1 55 -- M5gt I PIWj G M M M M M M532 0_ lt0shy_~

GolI-ampO -- c_C_ -shy

1511 1572 sa-ls-o

-- -- -- -

- U - -- _ar shy_Cshy- - oW bull

~amp2 ---- M

bull bull bull_- -_ M

u uUm-- S bull bull

IS 5 12

0shy - a

1t11Pt a a-M

~

M- M

-

PCIY_- M M

M

1111 M

~~ 11

-

c

l

-

Informationpursuam to PartlYofSchemJItVIof the CompanilsAct 1956

B 1IceSl-fAbaraer_~~8U$-_

REGlSTRATlON DETAILS

~i No CJrI L 22 fTfTi( B I 9J r pT L o amp3Z 7a

llaIIAe Srleel DtIo l 3LlBpIl l amp11 oJ tl CAIIfAL RAISED DLRJ~G THE IEAIl (Arrioln Ra 000)

Pul iIlh I~ ~ Ilo1IIsaoi lonuI1saoe [l~N J t l PO$nOfII OF MllfIl 74TD1 AICl 0euroJlCmlEWT Of FUtClS AIoIIut Ik lDlI ___I bull~ f 5_1 kIII-- bull - -~ si shy

t1L ~ G 2aDi-l - shy- CIl frIJill ill-l412l1lJ ~oIFomds

lei Fuel A- [lj 41T[)l ojsJ ITDillJil Net ClmlIlt Assel5 [-r2T i~ 1_3ill j271T[SS]

N PERFORaLlHCE Of COlIIPAHY (Amwllll RsOOJ)

Tlnll1OII ITI2 -i L i lJIZ3 LL31middot~ r3Jl~~_

tJ3T( 1 57 a-LJ(Itl

GEHEltIC HAIlES OF 1fREf IRIHCIPll PROOUCTS

1 t _-FUds QV FUlls) CodIo No

2

3 NIL

ScheclJM 110 22 in siJed y Ihlllolowlg

~ RAJESH CMTUIlElllamp SSOOTES ~ I

bull 0-- di oIlW

SK_ DollId 2lIII1oIat_21110 -- ~IIIfl9r~ampe-~

CEOiCFO Certification

we 11- odbilljji led CU 8ijIlICbltt epacilieliISownn ampIotirIagrIg Dnaor (CEO) IFd Vice o-w (CfO) d soo~ lgtmed(ltgtoCornfrylOlMboltld ardbeIilIl oerIvtrlol-II) we live ~ ee lIIbltgtoamplinInciaI ~ noad wiIIlhe Cash FkM StaIIInWot d Senbo lnOlgtIneS Litnited

1orr-~3middotmiddotIlIntI2Cl0InlSllleNIl t81dart4 l _bIliIf (I Ibullbull de ngl ~ _ilIII Ibullbull or_ ~ lacI or_

lIOilSN1IblI tng _ ~1 __ 111_ I _-~-n_

~ iTa __

(tI) we _ lilbIsIdar if IId bIloII1lIIIlr1nIdOtlStrlIlllIICI tIle~ dUIrog

~_II1e~~arltAl bullbull ~lhe~eoaedCOtQcl

w lIodaN II illla~ d ed aJ onan 1Id C6 - Ked OQi lheCOdeolCcnltudilS~lPylN~_

(e) we UNr1ClllPC abIil beslilllIslqlnl l ODIlIroIIar 18Mll We heltdl ess d oornt sysIImS 01 CalgtanJ IIlilfnonl8 1ejO-- ~ tl tie 8IOIorI rdtlI AIdI COl_ I1olfio I(ies inle desIJl or oplIlllOi01such Itlma eortroII ~ any olwtJdwe arep3fllard stejlS takenorp-oposed 10 blIlallten b rlifov1g slICh oolioencie$

(d we_ tedanw_1MItlaIian tllha adnnllheALoltCo bull

(I Slfiji~~I onIefTaI~_~~ltUIlglher-

jiI Sy d8lJlI f ~-dellaWlg n lNllhe _ ~ lilNIrwlQiIl _

1 _Q$gl_f3UIl ~_=1- I Y gl bullbullbulleor ~I KlIenlhe~-~~-

M$Oillilllshy

c S Choudhuryvo-shy

~Iaqtion

~~tlIIulewr~Eta pnooad -09 (l l1ll(iildl-O_ 1le sma EAlw Ile eacle wbullbull SorirIr 1Mie Fwi lIIIIIlIoM oed eooue Code aJCcrWcl b III yelI endId 31$llllaodl

ForSoriIo hUres ~

shya- 1 bull V Dncb

28

-

-- - --

--

CA91FLOW $TJ1UlENT FOR THE YfJ~ BiDEDtiP IIAACM Z010 -- _shy1IIntltl 2f1

A calli FilM Inn e- gAdMliII5 - shyPdrllDaJrIaolt lD ~ l32ampl t 459 (251303971 ~bDocgt_ l$OnlIamp 134lZft9 ~PdlllJ bIbw IIoIIltlg ~CwlgII 16769 3S$) (1l JOl7I) (ro-~Wilrblil~ (Ottgtr tlan Cash-l CasI1 E~l 3amp521 301 (5510185) Cxh IO ~ fIvn 0parBli0ngt 221511006 116618564j Drreel T_PIId

l CnII FilM Opamng AlttiVitift 2215$il06 lU185641

II CUll Flow from Irwu~ng Acbrilies (248467) ~dr-lI8d~

nbiIg Fonogn etrq VinWI (29701199) ~farCl(lUl F~_

~ Net Call uMd ~ bullbull ~lI Adma

c e-Aoootr-f_ ~_ -edShn CCxlaI

PIgt --blsI tolt ugsReceJi_ d uo-nd u Oftrlb Slaw PrtIdoIl 01 pel ~

NatcII -cI in FNIICiol9 AcIvilieI l2107U43J NehlCi (cIao I lineal_ ~ ecuivaltnls1 8+lt1 (560~)

Oparong B-c orCallIand Cash EquiQIente 907371 eea CI~g BilInel of Cllh and Clsh Equivalanb W 907311

For ftOll_ dlho amp11

CS ClMufhury kIP ~ ob ow- cr amp~lrnIaIY

SIl II I I at Gewaf ~ amp~SfcreWy

bull AUDITORS CERT1ACATE

fila- roe _ QIIfl b e d sa8) MlUSTllIS LUTEDfarhe IlClt ended 31 wm 2010The 81_ beerl__ llr fl CcnopInJ awulIe row =eliIca 32li1il1lillAQl _ SIocIo ~_ _ _ __toBIIliIlaSIIIIMoI cnce CIIIfU-lrW1lIPJflb tliOld~

For gtASH CHATlfltD bull bull ssaxaTES ~laquogtIl ws

DeIeol- 28tl ~ 2010 PrtllU Ho~

29

~---------------~

BOOK POST

Senbo Industries Limited

Registered Office 87 l6fW1 Sarari KoIoaa 700013

Phone a33)2217 891516 Fax 033 2265 9485

Email senboindgmailcom Wilbsile wwwsenboindustriescom

Works KarbBla Sonarpur Station Road

KoIkata 700 103 Phone 033 2434 7339

Fax 033 2434 7341

Page 8: Sixteenth Annual Report 2009-10 - Bombay Stock ExchangeU8il. C8ncer R!sean::I'l lklil5 1il:l!l>tl1l 1lC. In8lldIlIor. lhe I!oItd_

B rrcHNOtOOYABSORI7IOH The Corrgtany iswaiting forlll project 10romeil The~ IIereb IIldeltIake5 trat theedvlolog) 0Ie fIOCl boU-bed ciJrinll ard I Ii aIIer theieJIei Itl ohe pmfICl

C FOREIGN EXCHANGEEARNINGAIDEXPENfHTURE (Amount in IeI

Current Y Previous Year ~

1121m

bull ~

~ AUlnORSMIOAUDlTREPQRT

Mews RaeSh 00aurvedI ampIssocgtatos ChaneredAcoounlantsIe theslatutwy audilorsol theCompyenly whofat bull

lhe lJflllolmng MrlUal Ger ling ond being cOgi)Ie ~1Ilad J iItid bYlle ~Illhigt

Iunlal GeneraI Tha ollservilOOrs cllhe aUlt1lors on Itgteir repolt1 on tie ~s aoount U 2(lQ9l II QOI QJDn ha- been AienlIydislthlaquoI intileNoles MAolttulIIlIftll bm ~orhi AcaulIs iIICl neednolurtheo~

AUDITORS-CERTIFICATE ONCORPOllATE GOVERNANCE

A Qlrtioca frtrn he iI)r ollie Cor(Jany IfI9IIog ~ wilh rae Code d Corpornle Govemance as ipo j -aa-49~IhRLi$tIllgAgr_rt isilllOampedtohis Report

DIRECTORS

SIi C5 ChoudhJry andDr SMillai Chatrnborty DirecIorn relire at thelorthcDmiolg MruaI General ~ and beilg ll9beolItor ~1ot middotltgtwltgtbiC

ACI(NOWlEOGEMENT

YOlIllOlcIDrs Jlace on rlKllfll heIf IIIrJliite IIanllts and dell eaaIoo 10Il1e vanous GoYerrwrent Oeparvrerm 8argtks SIlillenolOer1yenKl~ulhe~foflhelrltgtgtlt1inuppoo1lo ttuo~ ny

For andln behlIlf0fie Board

REPORT ON CORPORATE GOVERNANCE

COIIIPANrS PHILOSOPItYON CORPORATE GOVERNANCE

seee Industres lirroIed IS oommrttIlC I) meoqea dhe ~ ng ~ Inhe WIfCISe of ~ andpUllltlagl red~ L Tha Corqlany is bfIer ccwrrilIIId 10 eflSIlre ccwr1JlIeIKe with the GJde 0 Corxlmte Gaemaoce10eohiloce and proled the iolterestofam f1e sha~5

BOARDOF DRECTQftS

Tt~ compositon 01 the Baard 01 Oiroclors s reglalilltl bot lhe Camlgtanies AD1956 iIICllhe CoJ-rparlys ArIdes 01 Asociam 1M IloBrd oIDlfeclOfs rJ1le ~ _he ShIegic goasbased ontgte ~ oftheCompany __1gt policies ItId0-- t3bntIollllclSe ~ tofaobt ~ lielakingd 5lIillllIIe adiln for atlaOlllelll ofitsgoals

6

AIpresent the composrtioo oItha Board of Directors coosislsofEx 16) DirocIoo SriKajaSengupta the main IIffiIllOter and ItJe Chair ampManaging (ljree1orheadsthe Board SriKajar Sengupla isBSe (Hens)graduate and has 31 years ofvaluable eltpererlCe inhi-1ecI1 OJl1strucliorl and PhalmalteutlCals Ifldugttry No ~ ourrtlypaid tohim The Vice Cman 01 theSoard isSriCSChoudhury SnChoodhury isa ~aduate lIT theCormIeltce Sream lId islro Fellow mcmbet of the lnslrtute 01 Cost 3Worllts ACltXgtlmtanls of India lie has expooence 01 near1y 1M 15) decades vaoou Comp1ns 01 Enggtneenng Cltgtnsuudlon Steel Tea Tm1ber Hotel andPharrnacevlicals Heis due10 rNre by mtalion altld be1ng oIigible oers hi mseIf fltlr rtl-ilPXJinlmerll ill llgte forthoorrmgAAnuai GeIlerID Meeling Sri i(jl19shUk Sengupta is a B~or of Commerce and lias over 16 years e~ in higtgt-t-eeh COItStruCIioo pharmaceuticals andgtoIe industries

Dr Sha ibal Chakraborty MBSS is a repotedcardViogist and hascxperieoce inmedical professm for (NIf wgt (2) decades He is due to retireby rotation and being eIQibIe offers himselllolt ~tmern in theforthcoming Annu1 General Mooting

Sri Pradip KUlllOf ChMvorty e representative ofsmallshareholders ofttleCompanyhasnea~ foor (4)decades01 ~eperience

Dr As hKumar SenguptaMBSSDGO(car)5a reputodmedicalproctiliooer havm9exjJerience eM 2G years AJ DireclOO Other ltlan SoKajltli SenguptaCl1altrman 8 Maraging Director Sri CSChoudll) 1lfJa Chairman and Sri IGngshuk Sengupta alte independelTl DirectorsThe represerrtatioo 011 tle Boord 01 DirocIoo 01 cxecutiw viH-vis ncoshyexewlive Din)(t(l(s is 33 The Company ho rool entered toanymalenel SlQrnflcantrellSadionwithnon-ampXCUlM DOedorsof theCompal

BOARD MEETING

During the yeelt under review fiw lloerdmeetiroJs were held 011 3rd Apnl 15th May29th June 27th July 14th August 30thOdober2009 and 15thJarwry201 O

The lasl Annual General Metm9 01 tile Compo) was hold on23nJ September 2009 The cornposjlion oftheBoard of [)recIon and thr attendance athe Board M ~ng s dum thoyear and athe Annual GeneralMaeu and IIe number 01otherDirectorshipand Boord Commmee MembershipICllairmanslip areasoIIows

UImber ofother Dirodolslip 3Allendance

Comm~ tiershiraquo CbalrrnanslHpName ofOiredors om ~ shy- tlIgt tOp -- --shy-Shri Kajal Sengupta - - lt

Eecutive Director r - r S1lri CS CcYojhury Egteattiw Oiredor Dr- SlIeftWCIiakra~ Independenl

Nm-Egteculive [)rector r 8M KiI1gshuIlt Seogupta -

Non-Execulile Oiroctor r 3 Dr As1sh Kr 5el19upta Independent

Non-Executl~ DIrector r- Shn Pradip Kumar ClIakralCly NcltHXflCltIroe DIreclor r y~

AUDIT COMMIITEE

The Audit Committ rompnse5 at two (21Noll-E-ltecutive0iltecI0rs and one Execuwe Director The nonlXecutl~ Directors being Dr Slaiba Challtralgtor)i Chairman ofAud~ Committee Or Asts1 Kumar Sengupta Ilttrile Shri Kajal Sengltlpta Choirmen 3Managing Di-ecIor is thesoleexewti [)jrectof Dumg theyearunderreview fi Audit Committee meetings were held thedates at those meetings being 3rd ~l 15th May 29thJlflamp 27thJul)

30Ih Ocklber 2009 and l5tl JinJary 2010 TheW ofhe Comn1llee and tileattenlance at the rneelIngs of Comrrotlee ee ~ below

Or SIiIitgtIII Chogtkretgtoltt

SoKajlII SengupIa

Dr AsnISh KltnlrSIr9JPIa

Moaf~_

bull e e

ThelemlSofefeoleandtile~of~ce o1 lheArditCltnmllee incIude shyI Erampmg 00flIllkarre and~eIlitieocl oflllefnll w-nI system as weias ilIemaIlkOl

b RellieWing of ~s fInancaaI perlormamil 81 ~ intervals os til as ~ng of Ihe ~$ RnanoalN(OtIy lIlCISS ond COItUfIV FnaICiaIStatements beIor8 SltltrIIssIon 10 tIlelloatd

C ~soopeandadeQuacyofalltlfu1dions bodlintemalno statrOIY d ~ 01cnbcaI fll1dlngs particUar~le toelebof= t eoorgtOmlZllllon n~ iltJIprtrmg ~and po otllabiily asweiasrelated followJPadJons 1hefeoI

~oIAaxgt111ingSandardsandDildoslnnormsprescnbedunOOrlhe~Acl1956

f Disdosng ofIinni8l ilIooTIaion wl ertSUing its correctness 1UIiaency 0e0i0ltit and rIs oroQ llih SlDdlt ExdIange Regulalbns Eli IoOl as0IherIeg3I requirements

g ReoJoeoding appoilbel l reflQVlI ofexternal~~ olaudrt feesandapprovaj b paymentbOlher seovices rendered byille extemaI auoiIors

h Reviewing fndrgtg ofNlilobsertallOfltS and(Jibcal w ke susperoled rul ororregularity orlamofilIemaI rootroIsystemsand~ sllCh matterslOtlelloard

Re~ of mallers ~atrng to dIarges n ICCCrUlUng polices fIlIlOlt IltXOltlt1bng entries based on eunlsc of judyel ell ransactiortsn dI0irecIcn8Ill dlrlaquoli IlIdrredlyriaesee

~ RevieooWg ofheFnaICiaI andRisgt Management Policies oftie Company

k Revrewing from _ klliIle the Comparly$ SlaIUkIIy and W1tradua1 gt as well as fOOSO1S fur ~

~tany

REMUNERAnotI COMMITIEE

RemJneltaIlon Cornmotlee ~ 01 two -exerullle llitIdDS viz Of ASISh Klmar 5ef9JpIa Dr ShailaI ChaOtaborty and ooeeJecaCiW ()recu viz Shri CS ctwtuyVee Chailmall was blIed by the Board atIts meeD] heldon31slOclobelt 2006 TheCommi lleeis~by OfASISh Kumao ~ TheCorrmitteehBse--ad I01h row kllleIerlrine Ihe terms 01 awonment and rtmuooralion of ExecuM DilOCbs policy on renue-aboo packageoIheExecutMl Difeclorsand 0 inSIttiog leesas pad klllrtecbs lorallending meetiI gtgs oIlhe 80arC or Cormittees theIeof During tle1narOIIl)ampyenooeme~ washeldon 1$111 Ja ry 2010

The arnposrtion oftile CorrvnitIee andIhe allendargtte ofhe II lP ofheCormIittee-areflivel beIcM- _-Dr ASISh Ktrnar Sergupra

Dr~ Chaklltllgtorty

Sri CSChoudIury

-shyChairman

8

SHoREHOLOEfICOmiddot TEE

S1 dlIIos Coull WIUI fA Ine ilClelodoo~ llntrs yenIl- OrAslsh K-rw ~ Or ~ OI8kI tyllld Shies Claduy Va on _lomgted byheBoIItl aI ilsrneettlg ~on 311l~20lllI The c tie -lid Dr - Kumor~ The Iem$fA to fA s wO 01 v- ~ fA

fA IIe Ca__ 111 td we ~ ilt Illd 111

pe1bfAlII ~1lldsrT nclIlloIW ilS __ -clIdIll~ lI~

No fA S1dldlIIos ~lOlir ~

Nod ~ II Nil

GENERAl BODY lIlEETItG

Thelal~ lIIIWlgfA~_PIIIldItSditacl_

1HIlAW

umiddot Sttwillii 2lDI

23 s Jillii 2Xl9

SpKIlIIIR bull ~a I~~ 9S

One(ljSpecgtlll R bull _---e--clnlglhellinler~

No spolOIII-on bull P-IOr ~ fIIIu1l PliI biIlloI b ben

PtollliI e-t1lld W COl Imiddot ry -ar pill Go is II Setu1192AfA Ill Ca_ =L 1li56-c1 Cou_IPiIIiIIIg 0I1lli Igt ton lII PllaIiI bIIkil) ~ 2001 an eBCII WIlt 90anl fA Ondori appQi _ tlr~ -dI PtollliI biIlloI

ceccc bull Duolrlg h _ ng _ II __ ~ Oitean llIl1e

Moo~_o1lhIir bullbullmiddot OfIlllilioo5IralIllglll_~~wl-fAlhiConlpatlyat b Tlwn_ng lllilInceoi non-w lCefA iI)- ~lllIlliC3pltllclnlgIIIIlrne~ald

ee pili bull 0I1hllQs _ ~ on ~ by SIPIr ~ Ill SE8lIlI oe iIalIb) ~ on _1lIIiI8d 111 capIlaI __ clnlg r1asl (31 _Illd euepl uplIiGo n ~oI~s ShIres byS1Ddlt EgtchltIIJ 01 b ~ ~iCEiald ~hnebeen lI n _ tal CCIrr1parly II hopefUfA idla 01 sbove suspetlSIllII at eat dIIe

c n lull Ca_ lIlIolos eqlIo18lS 111 ~ obOul bel acul or suspelgtdeltl hull 01

fIeeanpry-lhDuloI PU

9

I

IIEAIIS Of ~l1OIII

cu _SDt~~~ l~_-ly~reds_

been ~ _ a - toO _ 01 ~lt)w hall ollie ~ ll AampdIelI ~hriI~rdJliShIdhlllI(3)mcnh rJecIo6eoltgteilnaroll)U ~-AIaenomalyputlllshld cnr ~ EnjlIII rei_ 6ongiI6 New i Vlz F ~ I B _ SlIrdiIrII (Englmllrld KaIInIir i PraIicIol I ~ I 0IherSUIIIblI ~ The ~ iss- IIIW5 ~ on 9 ~ COPOsle ~aoo aetiLties Scd1 forrmtion ~acl also beendislUycd from lime ll lime In theColrQao(s Wabllt fWNW~com but such~lioollasbeen madelolsJtulklnal inveslDrsorlolhelnliysts

RlSl MAHAGpoundIlENT

Tha Board oIlllretlors II Is meeti1l hekI 0Il 2nd lUi 200111as loIid- IIlII Rs MiowgGi(yni~

~bpti~IbIlhBoW~IIensllt ertnlbullbull iallllfOC1ns ~riIli bullbullaE_ ~pliC1t Ths~ bull ogli5llt~-nd lIuIrlls d carco-nj middot7 yog

~o- hebogoo _Ile~-b 80 bsl

Tl-onUltIlSb0 0iIfJI~ d-ndp 1-1i _ shy~ Roopcotioog ltiIl

TloeeIilCtllll_ -at-ly~anlllO

oDE Of CONllJCT

nw OooollotIal ~PlIlIdon2lld_2W1 ~CodildCoQclbtoe d~ _ tie lltll 01 Dnlttto-4or E oeo oeo s01SeniorllaoCoftgtlI~ -= _ WI oIoIos

1 To 1d1he 1--d and iOlcirrobOgMms 10 tgtlI~IdIlclneSt)o ~ aIalIy and ~QlI(kJllIllnlsetoes tl 1 lXIUItIlW1 and~ ITllFfIT IIld noI1IM fnptper Idvantltge oflhl~0I1he Dncba 5IlfIIlr~

2 To~wiIh p4ic __noIeoond-middot

3 To Id gcoIlIilh ~ u cn 00~~ and ltifYo wrthtot IiIcJwoJlg lteir deldoi~ jlOjlobullbulltll)lllblldio

C 101d IoerNncealdh~oflhe~

5 To ~ -sr hi - Goglny lIIIIIn _011_III I o-eIat he adl cu iorlle _~ wtcIlleltiQlOid lliJealo -or~hrilSUlI_

5 To lllId III cu- oflb I1ll lelllln of~ toe cone d 5_O-Sw=Ilae-DIIlde--telldloonbIOOpMrS ~_alIIlatIzedor~lOdo1doIJIlldlob --ilrn-og1lle~~-b-__

a AooOO 1SIjjIny1bilt~I-clCIP8JIYOoodros b~gIrIltin_fIIl

LitUIllllillIIbhlCJmpilnys

7

--

9 Nglo_wilIOl 8ClP8dauwd_ DnanIor_IftOIIII_grb~d ~iI wnidIr-ohctar-dncl1lllrlllt

I ItIiP ~ar~~d-1-dIllldwN bullbull txIushyAONbWho-w_ wu_tIlcUd _lldIca__ a-d ed__Ile_ttl_gr $ dariliMl d~arbullbullbullbull 1 pgIicf nlIll1-W-llr IllBowll_ tnne-cl _lgradllCbl o-sw hey-IUd__CD1Ir_oode 1gt10-- u Ccde_Seniarpaw I

GEHERAlSHAREHOlDERIOFORIIATlON A-r~ ~ OngrlRn _Soii _2011 ald 1

C ~ S bIlts ~~SliIonRcamp1 KtMI- 1llIll03

The Carnpaytskm l SAp1l lo31S Ylrdl ~far lrllloMlJIifWSb2111(ll Illd dod ~1ar4tl~erdtlg311lldaJdl2011llIwlildeoedasPlrClluu~1 dLiIlnIlAyw=t _ SUiExctooiglS 0alBooot lIltIsIn ThI dMIs d book drI5uI1I llOll4d be tolIXI d (1) dIys Nt- ltII nell ArnoI ~~

DMOond P- DItt In- dille contnoous loss flcurIed bythe CotrcIony no ~ Ilai been ecollwendd for theyMt 2Q(l9-10 ~ onSlodl ExchMgt~

SIQs d Company nlisllld wdh h Skidlt EcIIyenoges d KoIIIIIIlld MumbIo

Stoclo Codo

) Sbt CaIo d SIot Egtdlengebull tVtlIi

bj S1oc1 CadId SIot ~ Kobto C) oma I$IN

rI hStloj COSlIar Equitybres d ~ 1llpoundl12C(l11l18-- _fIl-golnlg _ O illlxraquo z zrd-tll

q bull w ShM TAgiMt _ _LId D511 llIgn 7lBRll8 Roio1 ~-700001

sw T S-TIIz srehAIIIt-__-~bnl_ poo _Oil ~1 Illd _ lDIl d 15ltiIys b doled IlIOIlIIl ~ bon__bull II fIIIl2stI bull _dSEBl IlJdlIIS CO J lzcIIJd9-T~ l--1lI_ 1IiZIIlnrWbull apICXIlIIIr_tl owh $ dlampijsd lOd 9__01_ ~opISbdemIl~ iD tl

llimil ill DtoixgtsIb Pa (llP) opIiol 01 ~ ThI Dol Pa jjlii z~tliMlIOlIlIair _tlCciroIPWl liang_oil -lopleXl OnleCllPldllW_ ~ dIbullbullwtleilalilwe In_eedDesrDlgdoiIIle IX~despItjes__

--

--

Diol oI Sb Smiddotmiddot~raquol

bull 01 ToaoI SlIiiel C ~ltI 5110 lOll

a 101le 500 501 101000

UlOllO sooo 5001 10 10010 100011020000

a 200011050000

bull llUl01 101 OJ000

bull5

~ 00 00 1IIl r

ss 0 6211

a 00 n oro

O~ 01

bull Q

un

as OIl 11 ~ 2ln

T fo or ToaoI sushysea 0)1

OJgt 1022190

91 an

611655 ~ 169999

~

~

Z~

Z~

~zsoo

1101 SIIoIII S 1gt- of 1M~

_shyshyr-Pluo ~_shy-

shy

Foreq1~r

~IioIHI_s

61~100

lIZl00

sss

- 5

315S2 3394849

210299

-500

41101shy

az

bullbull t s o

100bull One bull jz 01~

ThI_~III~_OOOOP_ (1__29lgt~2O(I-t do ~1ICi9_e NStlOllI51l 2001 n aJSl illI -ltIIrIay 2m1 Tl3sl WitId 201O1le~ll driAzlo~b4 3801Ifot ltlCl8fool

-OUTSTampNDlNG GDR I ADR WARRANTS OR ANY CONVERnlllE INSTRUMENTS CONVERSlOtl DATE-ND lICELY IlPACTON EOlKTY

n~ -1lllI_ 1 GORIADR IWi15 1~ nswmentsanl hence lhn IS eo ~on re E~~aIhI~UIrgtltD oIIbcMOlStlmItlI$

- COCA SertIOhlushstmled KyenbIIL SovlUSIilIol Fad PO ~~ 100 103

ADDRESS FOR COAAESPOMOEMCE Forllnleo del 01 crollorqry -olllhn nlniIIIInrlll8lad laIied 5enbo~lhiItd 87UnIl s-~ 700 013 fue 03322178915 896 F 033m5911l5 22178917 E-IIl bw Jlu LillDIlIII - _~

AUDITORS REPORT ON CORPORATE GOVERNANCE TcltSha- It CIISenbo uIId 1 Wer-_ C UGh af ~aelfsnInlUroe$~b

Inlng 31S1wtf12010 flaeltf9a1hblnagodh~sxt Eoct 2 The_u dw rJw 1lMl 15 hesogtsblll dh_yenel CJI6 I

_Iiro-I tl~1II u ~b)h~bIIISlJII cubullbulla COidoo air COrpnII - M aid_ a E4I d on hOII 5t_d~

3 QIopIUI roIllI flit tc aI Ioo I kl10e V- tl _ adIIyh ~_wl4W w ~G z In__ 1IIl4Jbull We 1Ia __ grbullbullbullca REgiA amp Ston i C s shy_ d hi --a_CBIlIocl_ason 31S11oi1rttl21110 lO r-greaald9 1lJIOIIl_~bl~~tneoncnll

5 We adI ultr5IlIrIJIDIastlUewdfyd~ngr or bull I ~_amplel~tle~attgte~

For RAJESH CHATURVEOt ampASSOCIATES 0- __ bullbull

Itbull Po

~~~op No52a

AUDITORS REPORT

TO THE -WlFRS Of SENllONXJSTRESlMTpoundO

WI _uMild 80 SrIeeI d Serbllrlllustles InIIlM1Il3111 rlIrdI2l)10 r PrIllll l loI5Aalull lorlit liM IlIlIlil c--edarcI Cash Foo 51 161 lorh petllXI endIol on IltI dIltTt-ir8alI lolSnllel_d~118JI0u~ ~eonss Ol)irIoingn-kvOiI lolS-IonOlladl we _ ~OIIaltIIlIU AucInlSlirdanllge bull Ej hiiL n-StIi(laods Won ihel we plala petbm Ile kI ~~_illouI hlCiaI Ieare free d eA1IadolnUles_ bullbulliG-ona_tlaSII~Q~Ie_itld~

1hI1iN1rrili111 olSMallClUlecncUlls gOeaexDrCHhiCl(lllSllSIditldliUbullbullbulleoa I made by lIliiI8l8ieI III~ r0YIIlIli lrinIII $ e=-we belevelltlWlaDIptllOOde$l -onable lIISi5lorWI opirIion Wereportlhal 1 All ~ by he ~ I Report) QrIler 2003-ed by CefVII ~ SecIol

221(4A)oI the ~Ad 19$1fld bullbull1lIed YCJ~ we endosoe IIheAllnellft1 I 6donhe

ta

--

focltl iOjA4an1 5of1tlltI ~ 0rilPlt 2 Forttgtelt 10 oltsltOIIIITgtI1l intheAAnexUl1l refemld 0 inparagrapI1 1ilbove we ~ lhal

(sl We hIM obl3Ined ltII b i nj elQla OIlidl kllhe beol 0I llU IltIooIIeIlge and rae were oecessaoylolhegtUpo5eofcur~

(h)InQJr~OO prQ)(IbookJ ofoxountasreqUred bylaw hMebeen llteptblIe ~solaras~ rQm onllamplTlalioo dhose books

(c) The 8alance Sheetnj Proftamp loss Aoourlt 00aIl iMIl byh$ Report are inag SEll IiCIIwil1 the books ofilCCOUnt (d) InClI opioioo ee Balance Sheet ProIil amp lois Acoount amCash Pow ~ Odh IIfAacultng Slaodiods

rlIotfed inSectioI21l(3C)oI1h11 Coo IlpanAct 19$ ill solaraskSlardarlls Up1l llhle to he~

(ej 01111e DaIS0I11l11811 ~oIIltnl recellltllrcentm lho ~as oltl 31ltlllorch 1010 -IlakM onrecoltd by he Boanl of DirtctltlrS W8 rcoon ltIalnone rJ the DillJdors aAI ~ ason 31S datd12010 frJm beng appl)i1ltK1as DndI-ltOnlhe---g0l~27 4 (l)j)oIlIe ~Ad 195E

(~ In opioioo MIl III Ihe best QUI informata1 andaaorIlng to the ~lions lJnto us lheS3IC financial_r-d no_WIth It Silt1Nfgtanllatu1tingPciOe5inl subjello ~oI 11~~01 BoniS GralIiIy LltMI EroaslYrent lIrId~ reeeeee COl Sltsu-Ily )epoKCtfw3I UacicaI $lcrliSheltmlIIl101 wIidltaanotbeendee1millad Notbull bull regardlllgroorgt-chalt gingoiRelteSlCOllnter~ 8oowllIfroma~~ ~S on Pamptj~on Sorory~ampuy Aibs lIrIdlC8iSand~

~ oW lreganlilg~or_dwithMibull F Kbivt UltI tho_lO Notll egarding ~ oIAotoonIllgStandard 1$~6enefds nllle AIallWs

1gt1 bnirg pall 01 SdeduIe 22 flIllCI ~ -Mlh oiliernolM lheren giesfie rIorTnation ill ite mannerso -ec by 1he~Acl 1956andgivealreandlatr Iij Inhecase ofee Baiance ~OlllleSlaleoti1l1aQCorr4gtonY31 Motttt -00 (il 1iI he caeoflte ProilampLossAIC0Iltgte105$ for IIfyell elidedOIlltlat dale and fli) I Ihe case oftheCashAow Statement0thecash lowsoIthe ~ tJrlha lIaI eMed on lla1 dam

For RAJESH CHATURVEDI amp ASSOCIATES Chartared Accountants

RClgtatuMOi- Dateel 2811 May 2010 ~MobMMbullbullbullbull

ANNEXURE TOAUOIT(RS REPORT IReferrtd to iI Paragtliph I 0 _ RtjlOl

1 In respecl ofis flxedassets al The ~ te5 ~pIqlliI reortlosllllfl ful ~ ndodng qumtoIYe details anlsi=lion 01

FudAsselsonlhebasisolirlJrlnallon8Yaiible h) kgtorrIng to ee iobmaion ifld explanalions gWen tousee Fixelt Asm IaVe beer physIaIIy-t by the it~alreasonahle lIlIlVaIsand no_ClISCtlIaICle__ongtltdoYftrifalioon

c) II cu- opnon he ~ laS 001 cIspo$ed d subsIlniaI pall of fiMd assets dIIingIIIe yearanl thegoing ll)rOm $I31US oIllle CompenlIS flOI 8ffeced

2 In rl)Sped ol lllY8fl1lrie5 ailemiddot I IF Old II us ~ SIIri dlinlahad goods sbamp lllIamp ~ argtl raw itIiIlera6 exoejIl sIocls ththll

PIlies and IaIl5Il dal a ll phy$icIII~ verified byIIIeiNMgemeot al raasooarMe rlleltlaiS blmourLlJllllOll andaccoofug tIllhe ir1bmalictt 8Ild~~lolSlha proceVesolJttysica

II Adlts foIowed by ~ -abla argtl adequate rela01cent Ihf size d Iflt Coo1pany and lltueolils~

cl Pol eplaled Igt thediwepancjao nolieoltI onnflclloon bo_ It-PhysicaI Slrlcgts and IIle Book Records oIlfIelevef material haoll bee~deallMIlhe booksolaccoons

3 ln~oIloarr

alThe ColrQan dunng he 18 ha$ taken ~ loarts 10m Coolanies isIed n toe RegISlel fII8IlIained Ofdmllll dfleCorapeniesId 1$6 dllSal3llanliillilt w11ree

b) respeetolloans and acMnces il1he oIloonsQbVthe Ccnplyt)any~sla1Iwheltesbpulatms havebeltln made partiesistilllls havegeneraly repaid the atnOIflli as 5jplaquo j oIterlanthose written Qll ltltrIng treyea

4 In OU opiI1ioo 8lId 1 Jollie io1omr8tion ilI1d ~ 10 us eee ae1ldeqJI1e i1temal 00fllr0I prooedures~wiIIllhe sizerJlhe ~ llIdlhe_rJcentS OOsiness lorthepurdlaseolstwes shymaterials irdJIlng 0CWfIP0IIIlls plant amp Ichiy ~ and olher _ and lorthe sale of llJXlS 8lId servilte ~ is regolalt intaking rorredM -eswtlenvll( major ~ in iJlemaI COOIrtIl are 0 31111lt1

5 InCUopnioo and accllI1Jing to lhe bull ottand explanatioos gven tous110 transaellOnwas madeb- purchase 01 goodsrodma_ arid salerJgood$ mariaIs 8lId_ III purwance 01Clllilaets (I 810ge0 l8IllS entered in the er malntaioad lfW Section 301 oIlhe CompaIieStltt 1956 andagrpgalilg o1rigtg the year III Rs 500(00Of more inrespecl ofeach Pall)

6 The Comparl~ has rd~ anydepolIbfrom the pubic inIl1IJIIIU 01 SecIoos 58A 58AAor anyolherflOyenanl prtlVlSlOIS ollhesa

7_lIOUI opiMln Company has lIrllrrlemai Auditsystem 000 lei0SInIeWIIh ltIs size and thefIIbe oflSbusJIess 8 AalmIlgt) iJIcIrmaIioo and egtpl3llllbOnS gigtO kI ustheCeMaI ~t has notprescnled 1eniInce 01

costrecudsulS209(1J (d)ollhe CMIpooieampAa 1956 bany~o1 lhe~ 9 Inrosped cl S1IIu1orydues

a) Arcming 10 Ihe reoords oIlheCorr(lany at 0UIWndng dIJes In respect of Providert Flft1 Etlploees Stale InslrarceWilst BengalVAT CervrnI SalesT- 1rgtCQme Taxes rmSI rknoiplII Tn F IorPolutioo Conlrol Tradii Wcense and tire liclne eamp haVl eeee paid du 2OOS-10

bl Aoord glo tile~ follJfId egtpIarIaIiom given 10 os 00~ or~ amets payablei1respecl aIiPlCtNTllltl sales au WSIOlTl5 OOly exose dulyordues peyIIbIe 10 any olher SaluloIy and II](Local ~

were oolStnli1gasat31 $I Marth2010loraperiodd rro-e tlao silt ~ from Ihedate theyeeeerepayaIW 10 The 8CWlIIAaIed losses oIlhe Company at theend oIlhe fio1niaI )Ilar a Ine= 01 its networth I has rcuml

caslliosses duIngtie l8 iIIIdalso inthe previous JnancIlII year 11 The ~ has notOOIaultedInPilyment rJltlues toany fnIIciaI lltllliortorbankorltlebeo1IUes tdders 12 In00 0lIlDl am ~ III the ~ an explanalion grven to us 00 loans an acMnces haYe boon

pliedbytie CompanyfS1 theblIsisrJ$lllUIIybyayorpledge ofshates debenIIresan OIlIer secuilies 13 In 00 opnoo the CorJImy is nor a chl bld or a r)(IlVrnutua fundIsooely Therefore daose 4 ( ~~I rJ the

Coo-nIianies IAuliIor$ ReJxx1) Odef200J ltd as amended upto-date iampnoI ~ IllheCompMy 14 mour opinion the Canpany has notrIeaIl or traded in shares ~ detlen1urelts aod 1lVeWnen$ ThBreliJIIl

clause 4 I) olIM CD-npanos (AWibs Reportl 0r0ar 2003 an 3$ _idad upIO-dala is ootaPflkable tl the

1S The ~ lias nol980 guaranleesfor loanslaIlten byotIer$ from BanksorFinanciallnSlillJllon$ 16 The~1l1asnot~ itlynew mm loans (Urg theyear- The Termloans OUlSlandllgallhe bullmiddotgrJthe

lUwasril 17 ~tc the formation an e~given 10 usandonan overaleaminalionol theBalaa Sheelal the ~ weare 0theopinionIN no $horImm1oarl$1Ia been usOO lor long IIm1 tl esIi IIII ltIS

18 lloong the yeartheCompany lias nor madeanyprelltmntial allotment rJsIllfts tl parIIeS and companies covered in theregf$(efmain~tJ~ 301 al theCompaniesAct 1956

1gThe Company lias nossuedany detlenIlIres during heY9i 20The Company lias notlta1Sed any money byway ofpubloc rssue dnIg tie yei1II

( 21 In ouropnion Ild laquoeortIngtc the iflformalion arld xpIinItiorl gwnlO us 00fraud onorbytIaCOIl8Y has ~

nlttioIld orfIPOII8d dumg ee year thtcauses thefinoncliI satamanl$ to bemalariaiymissaled

For RAJESH CHATURVEOI ampASSOCIATES Chaltta-d AClOInlmtt

RChatu-di

PIacIl Kal Dated 28lhMa- 2010 ~libeis1 shyNo529llI

--Balance Sheet as at 31- March 2010

SOURCES Of FUNDS SHAREttOUlERSmiddot FIJNO _ -

APPlICATlON Of F1JNDS csers

IM$--OlIlgto-=-o

shy

100479000 2 92680000

musUIlI

3 1~zn245

194272245

rot )9$411245

bull 321969 061 - 1410U6ll

ClJRRpoundNT ASSETS lOANS ADVAIiCESu bull __ C81t 8lai8-a I-t

Sbull

U~356 72152(1ll71tl610

n 1-sTUw)shycww

I bull (872lillllll

u eolor taaicn

nuoo NET CUIlREHTASSETS

-(21129111)

Pfl()fJT amp lOSS ACCOUa 2711Sotl$l

rc 3910431245

NOTESTO TIE ACCOUNTS 22 Thf~~ t1ooe bm iIf1 gal part1If he Ballnlo SheeI

In _ aI(Ill IIIllOI aloMn dale 8IIlIChed

tNrdgt]t 2Mlt

1al4790lXI

bull

muSllOID

211Jamp33ll8 21 ~ lA33ll$

( 1 S02 311

321J2OS]( 1S7 7llO 6GB 163929iI66

li3 t 2U amp6

01530 72152(7

11 213 701V

11576833

ro 1161233

16IU2(

4I S02

lor RIjMII ChIturvtd amp Anoc_ For Itgtd ~d

c_ shyA~i8b -e Kolall DaIId 2811 uy 20 10

C $ Cbcudhury KaII s aoptbull Viol 0- ow- bull bullshy

SK~ Gof-IFuIc~

---

--Profitamp loss Account for the yearended 31 - March 2010

Sd 1Wdl31 2010 INCOME Sale 0TltiiiPrtOoG cow klcJuampeI~) III SkIdlt 97l198 17878

135125ot

- shy

FQor gtlis OtlerII gtlisee-J

leoSOibullbulle-- -COW-SeAng amp Pnldua De I bullbullbullbullbull --Ilems aI ltIlmllle yNr

n

ts te rebull

11)49028 120932 m ~12J51

2fioI7454 195538 6928685 6 ~7ampM2

5861 892 2929647 921633 92216

16on064 13822019 aee 158ll3ll

ltm s

PROFTT I (lOSS) PnJlil I (los$) bebw ~ (330542 4)) (25040611 ) PIoo$(o b ~ - FBT (10400)

(33054243) (25111011)

J 17~20

(238383798) (21 31530011

(271 1SUS7) =

For IOJ Of )tNI d lIlo 8tgton1

C S Choudhury K1ijal Sengup~

Vici ClamIa-l C1IiimIM amp IIiIgtIIloWll Dnltlltrr

s KMukllopacfhyay -~IFn1naJJ amp~~

NOTES TO THE ACCOUf(fS

In IemIs 01 1M reptil 0 (MIl rIaIe attadleIl lor RajKh ChaluIYIIdI amp ~t5

R ClatucIi-Dated 28th May 2010

- - - ---

- - -

bull bull

SchedulesForming Part of 8a~ Shelaquo F AUI middot MM~312009~3121110

~

SHARE CAPITAL Auhoflllld -- shy~

lllilOIX~_ltJRsltl-_ 120000100 ampaooOOO

luued Subsaiblld Paid upJlIlIOIlIl~sr-ltJ Rs tgt-- fullllI Ult_- - - -shy

104909000 104900000 I Oli HICl Eqity Shno 0 ltl- YlI_b__ - 50ltI (lOO 5091000

- -11 o000DOO 110000000

- SharCI _1 A_ 1S21ooo 1521000

01419000 106479000

2 RESEIM SURPlUS roo ~-CapcentlIwbsidy (Gcwl Ql West Bengali 1SllOOOO 500000 _ 91 13000II 91l31ooo

9268ll000 92600000

2 UNSECURED LOANS From eeeesCorpaote 194272245 21 7343388

194272245 217343388

8 FIXEDASSETS tEPREClArntl _shy_~

~-~~

bullbull bullbull ~ bullbull bullbull bullbull= - l Ol20 ~ D1 [)I1IXamp _

111lllll1O 11Ollllili ~ -~ -

~ 1$1 -- ~ ~-

2lt W - rWlro til1 TampI s

_~

I~ _ ~ ZSO~13relt 21U8325DlgUO gt5~O IG lJ231ae 390428)1 lIJ I3 m~l08

920 -~ ]100) _113 Zl(lllll~-

ll~ SI2 T3 1J2 M~ -- - m ~ 511~

_ I RIiloo _133lt0 romiddot ~ 611811ll 1138lt20- I 11 oIol ~M- - _m

IIIlt shy-- l1t12I571 2400II l1t 1 51~ - ~ crbullbull 163mllRi m ~IO3ll -l2alte2to l2TnO510 1IJg6l5111 11Il22OW IU lIOlIOlI T83 mJl(lll

-~

18

-~-----------------------------

---------

Sehtdults Forming Partof Ba-- Shell

see INVENTORIES As -en-ee lyNuCl

shy--shy~r omooos _bull Clro- Sa eo CcocI Orooer Sa C llcUIIW

lMs PIIl_kw~c

CASK 8AHK BampLampCES c1It-_amp__ bull

cr~Sd

ocat b a- ( (00 _ 0-_1

LOMS ADVANCESbull shy~

1vJ ~_etl 0

II_Clfb_tlt_ AMrakwf = _b - FB7 (fY2IlllI-lI9l _ FS T -Y2llraquo- tI e-PLl

1Iwll ow F- ~ lane F- PClI _ Tax AI ~ InpIlIVlTIW bull

s CURRENT LIA8lLIT1ES PIlOVSlONS ACURRENT w8IUTIES0- _

bull SSJ lnt

-- shy- SeoIII) 0tpaM Reo 4 o8Cl

rMra F o-n- ~ IPl sad PaIl ~

bull~ FOR TAXAT10H FmlIlIInIM Tax

ts

IIIwcb 31 2m0 -

6111$ $ 681 fjl

U 1U5S 1991 53

119904163 ~n9~16

1l1527

2 ~ -

UOgt -

17 bull lgtS ~11

om SlD5 211503 ~ ~ ~

-

8718610

lt10901 S790 151 -wm

310(0) uo48ns_

( J MardI31 2Illll

shy21i21l6ll j$~1

~lSI

1( I1SOOJl2Z

11713 ~ 1795 11

12lsWshy

lW111

_137f

6913201i

2JOgt rea

1Ui

l12n1M

63522501

3100XI

11576)33

ro 70bull00

- -

--

- -

- - - -

SltheClIles f ormingPart d Profit amp LO$S Aceounl

10 SALES

-~- -- 11 OTHERItCQME11-[ melt

12 flaquolN OPERATING INCOItE LatIy lnt1en Ilad

13 RAW MATERIALS ~ Slcd01 Raw ~ Add PudiBse Duling he year

less ~ Stock IIntten 01

__ less ClJsrlg SOdl

15 UTIUTIS - POorCf amp fue l

FltnI8OOOiI shy_=00=4 of ~ 16 PEIlSCNtlEl EXPENSES

Salary Wa1eSEltgtlus ampExQlIJl wgtltl~

Co ConlrbJliorllll P ilIId E S I F fICmIrOW_~poundlC

Stl ffTffin~

LtWm 8 liwiIs

17 Olli ER EXPlNSES AlOIo FlernJnn1lO1 B3ltkCh Books amp Pto odicaigt ConsJlanc S service CtIatgts eooooo Diltectgtf Sitmg Fee Oonaion amp SltIbwEnt9llJirlrroerj bpelMl$

-- V endIltI ~ 1 200IIM~ J1 2010 h

- 2(6557 l4t64

lJl17li 457449 172899 _ - ciJ8S

420amp82

420amp82

~62U68 1441323 96691 l294m

2111359 21421 00 162n

2050~ 2742100 501554 2621168

_1~9 ~ 120132

194905 sbee 407285 ~

Zn1 1~ 412351

2320 ~J 751578 24367 17lt581

15379 ~

264745C 1guraquolIshy

OI0tTO S4lll292 370512 35096

17412 19J11 ~ 911 138 574902

6928ampamp5 - amp471gt12

1890~ -zsesm a 18793 4308amp5 29864 207818 152574

~40000 ~ ~

55189 ~

-_---------------------

--$lttdules Fonning Pillof Profit amp losl kwunl -

FIQlIy Fcnrc ~ RligisIi 01- shy shyPlIge amp_Ii Prning amp S -_ Wi _ t XD - shy

VIhdI a -

UidbullbullJ- 5aLJrtG amp PRODUCT DEVaOPllOO

Elwo_ 11_ C

e shy- shy CgtWltGES CIlCllfl CrdNc

middot~(IITOS bull CIlE$lDl-

shybullllII

ITE-s MllTTal on DURING THE tElR ~OIlIIe _ncIl11ngi1r___

21 AOAJSTlIENT llfLlnfG TO PREVIOUS lElRS ~~ToPt

---

IIIrdI 11 2lttO

293~ aeses 2013

3 67 37 37193

31 lOl

~

_~l-m

V

scs 2671

~

-- IampIrcII 31 20Ili

shy321581 271850

92 312102115875

~ 500 ease ~ mno10 ~ 3lrn

OW

eo ~

m me

nM

21

n IIOTU 0 ACCOtIITS Slttw- tlmnI prI die ilalfte srt1Il Istllllrchola nl PIlIIII amp 1JIIs-aul trn _ -1IlliIlI31YIrct2C 11

t Sifi_Ac bull shyt _1 8o$lS CFACCtIUN7JrIG Tht~ e p wl-MI_UlcstOll__l Ol atCIAIba5lSd~

C_ lIOltUSgqIUI)lfICl- i1b1el1l~ c__11IO

oonplyOllfltlt~~ ~ eolAaNIfSWdilnl) ~ 2lD6 puSUiRlc5ecbI211 (3C)1te eooesAcL 19561 lto6lmiI) Gle~ ~ ll _ (_ CAAPI ~andft~ pvmIOOS DIN r~-1956 Tht~ pJlIQeIl iQCQIlSISIonampyamplplledbyN~

12 USE Oa STIliAn The_n_of~~~OIIhGAN~~ lDmakelSllnllllC ~ fllIlllKttlt r8pI)1ed-td _aod- ltIIodocltre 01 ~ngenlliltlillIes

bullbullbull_dbgt ~ tol -l had pjoesrilrng IIMI ~ penxl ~~ 1IIilinaIIls b8sed l(lOII iitSmiddot be kloItIatunwl ~CIlUOJ

3 RXal USETS fI F_-iIl~ oxa oleUeoabIfII1oa 1C05IIICUlli5 IIIGUei llclir-wh tJitS-mcubullbull__

Ib)Tho~_rJbed _d__QnMj [ ~

laquob)i u lEPRfQA1JC

00 bull d -1_cnoodIl CIIIIriiIgb me ~ lillle-~ Slt1leOjo JNrJ ~AaI956 bullbullbull_

~ e-LCIII_~~ding 1efW _iii dlldl e-ertSaly~oo__ bull bull Ii middotded~r~4~_d_

15 MPARlllEtITF ~taehilllalCli SIlIlIll_iDl __ Ii CIIe__~

rldicIIt rt ifllleao_ ~ 01 bad _ lt1Plomgtooed N pa_ lCJsI le1 _toe lltT)lIlll_fII oIl1e ~ lib11 tJIJIIJ Cash GEsIili lN (CGU~Of ollelexceeds_1JIfiUt Tho__ Ii hi QIMkI d1lgte_net ~1IOIiI$_In~vaIle ~ hees~matad lltlft cosl lbw mUle use ollne aiiSs diIcounled 0 Ilelr Pfesenl_ 011 WIlltl_ M ompAtTIIMlllCJsl is~ j tt- _ --linllertlCOYlfalll onanlrld sunlrlss_OOIorgor_OfModicgtaw ~ Ioa l JlMnIIlterMa ~ tI N carrp1J -01- _ Mlil1 case d CGU

7 I Jok CIII~~

11 MfIlTORIES (___~ t_ ~ -cIII~d

~roolSldlel I ~-_aI _1ot-IIIDdQn5

~___~COIlf~plOdocII_oelDI n DbeJddampl7ampblgtIealll ColIiMlill- shy(bl- __- __~hsIoecgDCII2I --=lIl_dalilnnll

II ColI d a- ltIiel IItnIr _ pencil 01 _

~CllljO _

11 ~ a OGCOSTS amp0 g_hl~tI t Of~olhec __ iIo-t ~aolglgtltdgt_ _oWIOcoAI_dWgoltltJ~_

22

18 REVENUE RECOGNITlON ~ tom the$3Ie ~ goods(rouong TrllIi prodJctloo1 Ilottlesl IS ~ t4XJI passage 01 titleIe the cuslomen wtgtidl ~ _ Iheir ltIeliver) ~~ -y cui 01 gtltu ltifIe cIiimr 8lc altcOunlted rasand hey ~ fnaIydetlt1rmonod

19 PROVISIONSCOtITINGEl UABlUTIESAHDCOIffiNGENT ASSETS lalA pllOISIOn IS reoogrrised when theCUI1pal) tlas bull n-Jl otIIIgaoon as ~ 01 __ -l ~ ~ an CkIlkgtw 01 resource Of t ~ 10 $OllIe the ottgatiltJn in respect 01 wIldI ~ ~ _ be_ ProyenIIions are not diiowlId l)~ ~ ond a ~ -d (WI be5l OSlimate ~tl_ the abIigaIJooat he -e__ These _ atNd baJIIoce sIleel

d e -l~lO fllIoa lhe~~l~te

(h) Cootingenl labfllies ~ byY offICIIe5 IC (0) ConlingenlAwlz~ Y_egtlaquoepl lor lho purposed _ellol-

110 lEASE Sne 1(1_ has beenlICqIOrOO to-PCl ~~ l)pe 01wiI be deIenTwgted WI

~ 111 ACCOUNTlNGFORTAXESONINCOME

In-01 lilt lossb tie year ltJ1der revi Taxeson CuretC anIDeleltted Income have notansen

112 SEGMENTmiddotWlSE REPORTING The~eXltiJsiwe~ 1$ maruaeturinJ yenIll lI 0I V Fblsnl such in theopinocgtl Qfie Ibr1agemenl ttIil is lhlI (IIy lepo ~~ ampe9fIIlOl per AcclInng SllnIiard 17 on SegnetC Repor1lnt =oed by n - 01 Owtered AaxgtuntlolS or lnclol There 15 no ~ GeograpIwal segmenleithelt

111 EMPLOYEE BENEFITS (I) llelnod COOIlIbtlJon 10 prQIIidertfind ard empIo _ 0SlGII00 arediared Ie~ amp loss 1lCttUll 01 fill _ GleQlIIIrtbulions lOthe~ bIClS n 0JIlThere ate roo 0IheI 00lig81i0nI Ie Ihe eo IJIt I oe-er lIaI1 clJGb6Dn payable to therespecIMI-uy illIIIltntJes (b)Mninul1 _ or bonusasrgtcgotiated fmm n 10_ os lIo1W oCCOIJlted arc pood ClIIIl basis 0$1 -dQlllSlSlfrqt (0) No _ llInIIfit5lCthe~

Id) A molteltolco_ y_llerooIIin lhebmaigraUlyisllilllltraquo_ ed oncashbBSltl

1 _1~ POLICY ON EARNING PER SIWlf (alBMcNrnig persharelliltAlQ ~b)~lhetgtet~OIlossallet end rtude POSlIPeeclolany ~ ilem lor the peroltl IlItWtIlo Il~~ by lheweoghled ~_deqlJty shlIe wtsIMding dtgting ~ pergt)I1 ThegNed _ 01 equity share$ 0JISll0 tUroll tle PriOd In-fore_ fgtCiUdirIg a txnIs iDoJ tIatUI eleltnenI 3 right issue spill d __ or reverse tPl (1elXlISOIidaIiDn or_os) lito made dunng lteV-- (bl Forlto purpose or llIkulatJIJ ltlIuIod rmroJ per shire Ile Il8I prolil d ltJfl penod_ eqJfy 51eIclldelt n tie ~UltJef ofesQJDldo ltkngtg1MperiodInedforleellecls d II dilutive poIenIIIl d laquoJI- shy

115 PROVl$ION FOR TAXATIOti 13) Tax pense for1M)83 ~CUfeot ill ampdefMed isi1cloled Ie fIIt pltolit (lossl fortrleyeor (b)A~ IImadefortheCUTefIllagtbMlOlillIiltlOity(ltJmpU1ed 01 aoordancIe _ RlevariIlagt raIeSand ill A Pfl5lCl IS made fol cleIemclllDl for1rr9 ltttrerenltel rIsing and liCOJUOlg _ alarreotty Ofsubsl8I1Mjyenaded (e) ~ Igt-Is are ognised 0fIi) ~ _ is certainly 1l1111lhey wiI be INiZe6I1ld 1IOewedfollle~mm sheeld8led1letrIlspectivecarryolg_lIl11dlballiltllte

116 FOREIGNCURRENCYTllANSACTlON ~ applicableFltnql orn=nq lrrIsaGtiolls are accounleltl for at f1e elltolrlge rale prevaiing at the blttnsaction dilte Yearand mnetary assets and liahiitiesItIIoreignournrq are Ir3n$Iated allIle appHcaOie year end e chaoge ~andlIle ~ dilIeo elt ICe is eoognrsed $gaOl oo lorhe ytII

2 In tleopihJndlgtt~ Iho maM3llIe_ dlllaS$8l$[ eilherheentire~amp~ ling Ie 1rftVerwus Fbl ~~ tle0fIi) CGU cI ~ or Ile _ I tlNll l1Ier fIan tIo$e Ii respeclMCltlII)iniimlUllalLId1 assets no ~_IIason trgte Balance Sleel ltllte

lal Bank ~ fa 01 W8$l Be1l1 s_ ElltctncgtIy DioIiboIiltM ~ lid m

(h~ Claim agaiosIheComooy 0l0l ~ 3171849

(c)Oarn01 cerw ExCse CIuty InIer ApplrIl kI Trtlur8I no818

4 Asrc IleIeSlllls beenchargedOf1Ioler-Corpoltole~ he_lias flO beeoleswnatednj ~ n shys Partl OOIlfJrnlaliolt in respect 01 outslar1di~ balances JIr SuIlay DetbI Sltnlry Cltedl1DlS Lwns M~bo-on - inlrl OIIII$Idenolio1lh__

6 The Contrtd _ MI$ e- 81goroeemg 1M COo~adtA IISPObIe for Renovatlon wonlt at Fadlr was teminated dlIlI to pocI and sub-llarolard~ 01 wo1lt and maleliaIs At prtSeI1I hmalilt isurderfillg3lion

7 On iilllleial- ~lSioId CllIlridol~ djotlbyWs FreseruKab Pvt ttd (Fresenlus)1Iith eII8cI JrorIl ztSl Augull 2OOl5 fie -1t 01 ~ _ F-_ 1OImOa5e in cowetSion lthave Godown Iml Vat IDS tlfuMnl $aIIp by hit ~and~ of F-- has enuo oed UI~ cliIIe an no 8lUSImIIthas bftnmMI inherftIIIIld aaolIlIS thnfor

8 NJmaRECEVEOGAlNSTSALEOFPlANT ampMACH ~ E RY

At ~ tgty me Cornjgtony sctI--(dIi 000lt1 ~ -- amp FducalIon l id ~ JtImne _ oIRs 315 CtCQ edt ClIt ol Rs 612cnnsdUlWlg2009-10 iOJIinSl- 0111 Fluids 1Tl8I1~

maIonenes for wllCtlappmpriae resoIutioM -e passed tlf the- Companfs sharehllderson171tl ~ 201 0 Thoi Wesaid -m was ustd by he ~ IIMartlI ~~ 01 unseated kHI J-d from -conponieo

9 MIslment relathg to pr1lIioo ~ ear amounting to Rs 2157641middot ~ net 01 ~~ br Bank Gunnlee released by Bs1 ~ 10 R 7740121- party dsll bypro perod Alary Ib 37097shyrlIenlSl a-o dN)ood ~etarges etlt Rs 371 151middot01 N $arne year

10 MICROSWIILU tpoundDlllM ENTERPRIsES The COnpano hasflOl recewed Ifl IT 0 bull as IIqIJinld 10befledWIfIlhilllOllied ltlJlt(nIy UIMler 1le cro SrtalI JtId MecWn EnIefprioes ~M 200li c1a1Tlll19 tler S131S as00 31st March 2010 (and also 31st March 2(ll)9) rrntroSlIaIlard medlrnenlerprises~he_1Slicl payabIf klhlse dUIWIg_ l_~__l iS nl

11 The ~ III yet to fto -V adopI~ Standard 1S EmploY Benefits (lWes 20(5) issIed by ee 1nstilIJIl 01 ChaIltred AccoulItaols 0I1ndia ant deliilIed discIJslns reIaWli to Oefned Btnelil PIons couId FlO be fnidellollcrnonlS andRe9ortshy

12 RElAI ED PARTY DISClOS~RfS

DiscIoluesasreQUredJIaxulIilg Sagtd8Ill18aregoenbelow

LdofRm~~s

SenboEngneeMg Limited se KrojaI SenguptaErrOclln 81gi_oog Pvt lid -- shy8eeni I-IoIoifgs PIlI tid SnC S ChedMY

Dr Sll8IllaI 0lalCI1D0I1ySenboEnm ampPvt Lid SoFTarIp Kumr OVIkraOO1y Or Asilth Kumar Sengupta

-Trrnsactions with Related Parties duting 2009-201 0

Nature o u pses KeyManagementComj)lnics Personnel amp IWlati-u

(- lRs)

Expenses Ditedors Remuneralion Cullllllt ear ~ Nil

~ Nil

Dirnctorn SLtJIlg F Current lar- shy 40000 Previous at 2a COl Inoome

Electricity amp Diesel 71373

54358

Outstanding Balances onJ~ March 21)10

Unsecured teen CIIroIIt Year 1S4m245 Previous rilar 217343388

13 EAR~ I N GPER SHARE

Cumml Yn (Rs) Previous Year (Rs)

Net Profit I (Loss) after current and ~ tax Weghled Average

(33054243) 251 11011 1

Numtgter of Equity Shares 01 Ri 10eadlason 31()3-101 0 10647900 1O647OCXl

EamOngsPer Shale(BasicandDiluted) 14 FigUIeS to thepreltioos year tevebeen re-arranged and fe-9ouped ~ necessary

is Informatioo PlJfSllaI1l loNotllication UIIllerScheduleViofthe~rns Act1956 IAscertifiedbythelllartagement)

CIfIlInt Year

Oy INoofSoltMI 151 Annual Capacty _ PrOOLlClion

15 11 Used Capacrty 1aOOClOOO ~

1512 I rgt$~ Copltgtdty 18000000 ~

1513 TrialPrndLJClS of Irl1tlwenous FlJid _ MacIliroI upgradatlDr1

r p~~~ 157634 1178355

Saio oITrial FroducIs ol-shy 24244 206557

153 I -V FUds BottIos 191 18664

154 -shy IV FOIds Bottlogt 135309 990461

Pn0IS Year

INo_ oHloltles) IRs)

16000000 ~

18000000 ~

17878

~

1919 186amp4

-- --

CUrrtfltYtar shy- - (Moe-) -1 55 -- M5gt I PIWj G M M M M M M532 0_ lt0shy_~

GolI-ampO -- c_C_ -shy

1511 1572 sa-ls-o

-- -- -- -

- U - -- _ar shy_Cshy- - oW bull

~amp2 ---- M

bull bull bull_- -_ M

u uUm-- S bull bull

IS 5 12

0shy - a

1t11Pt a a-M

~

M- M

-

PCIY_- M M

M

1111 M

~~ 11

-

c

l

-

Informationpursuam to PartlYofSchemJItVIof the CompanilsAct 1956

B 1IceSl-fAbaraer_~~8U$-_

REGlSTRATlON DETAILS

~i No CJrI L 22 fTfTi( B I 9J r pT L o amp3Z 7a

llaIIAe Srleel DtIo l 3LlBpIl l amp11 oJ tl CAIIfAL RAISED DLRJ~G THE IEAIl (Arrioln Ra 000)

Pul iIlh I~ ~ Ilo1IIsaoi lonuI1saoe [l~N J t l PO$nOfII OF MllfIl 74TD1 AICl 0euroJlCmlEWT Of FUtClS AIoIIut Ik lDlI ___I bull~ f 5_1 kIII-- bull - -~ si shy

t1L ~ G 2aDi-l - shy- CIl frIJill ill-l412l1lJ ~oIFomds

lei Fuel A- [lj 41T[)l ojsJ ITDillJil Net ClmlIlt Assel5 [-r2T i~ 1_3ill j271T[SS]

N PERFORaLlHCE Of COlIIPAHY (Amwllll RsOOJ)

Tlnll1OII ITI2 -i L i lJIZ3 LL31middot~ r3Jl~~_

tJ3T( 1 57 a-LJ(Itl

GEHEltIC HAIlES OF 1fREf IRIHCIPll PROOUCTS

1 t _-FUds QV FUlls) CodIo No

2

3 NIL

ScheclJM 110 22 in siJed y Ihlllolowlg

~ RAJESH CMTUIlElllamp SSOOTES ~ I

bull 0-- di oIlW

SK_ DollId 2lIII1oIat_21110 -- ~IIIfl9r~ampe-~

CEOiCFO Certification

we 11- odbilljji led CU 8ijIlICbltt epacilieliISownn ampIotirIagrIg Dnaor (CEO) IFd Vice o-w (CfO) d soo~ lgtmed(ltgtoCornfrylOlMboltld ardbeIilIl oerIvtrlol-II) we live ~ ee lIIbltgtoamplinInciaI ~ noad wiIIlhe Cash FkM StaIIInWot d Senbo lnOlgtIneS Litnited

1orr-~3middotmiddotIlIntI2Cl0InlSllleNIl t81dart4 l _bIliIf (I Ibullbull de ngl ~ _ilIII Ibullbull or_ ~ lacI or_

lIOilSN1IblI tng _ ~1 __ 111_ I _-~-n_

~ iTa __

(tI) we _ lilbIsIdar if IId bIloII1lIIIlr1nIdOtlStrlIlllIICI tIle~ dUIrog

~_II1e~~arltAl bullbull ~lhe~eoaedCOtQcl

w lIodaN II illla~ d ed aJ onan 1Id C6 - Ked OQi lheCOdeolCcnltudilS~lPylN~_

(e) we UNr1ClllPC abIil beslilllIslqlnl l ODIlIroIIar 18Mll We heltdl ess d oornt sysIImS 01 CalgtanJ IIlilfnonl8 1ejO-- ~ tl tie 8IOIorI rdtlI AIdI COl_ I1olfio I(ies inle desIJl or oplIlllOi01such Itlma eortroII ~ any olwtJdwe arep3fllard stejlS takenorp-oposed 10 blIlallten b rlifov1g slICh oolioencie$

(d we_ tedanw_1MItlaIian tllha adnnllheALoltCo bull

(I Slfiji~~I onIefTaI~_~~ltUIlglher-

jiI Sy d8lJlI f ~-dellaWlg n lNllhe _ ~ lilNIrwlQiIl _

1 _Q$gl_f3UIl ~_=1- I Y gl bullbullbulleor ~I KlIenlhe~-~~-

M$Oillilllshy

c S Choudhuryvo-shy

~Iaqtion

~~tlIIulewr~Eta pnooad -09 (l l1ll(iildl-O_ 1le sma EAlw Ile eacle wbullbull SorirIr 1Mie Fwi lIIIIIlIoM oed eooue Code aJCcrWcl b III yelI endId 31$llllaodl

ForSoriIo hUres ~

shya- 1 bull V Dncb

28

-

-- - --

--

CA91FLOW $TJ1UlENT FOR THE YfJ~ BiDEDtiP IIAACM Z010 -- _shy1IIntltl 2f1

A calli FilM Inn e- gAdMliII5 - shyPdrllDaJrIaolt lD ~ l32ampl t 459 (251303971 ~bDocgt_ l$OnlIamp 134lZft9 ~PdlllJ bIbw IIoIIltlg ~CwlgII 16769 3S$) (1l JOl7I) (ro-~Wilrblil~ (Ottgtr tlan Cash-l CasI1 E~l 3amp521 301 (5510185) Cxh IO ~ fIvn 0parBli0ngt 221511006 116618564j Drreel T_PIId

l CnII FilM Opamng AlttiVitift 2215$il06 lU185641

II CUll Flow from Irwu~ng Acbrilies (248467) ~dr-lI8d~

nbiIg Fonogn etrq VinWI (29701199) ~farCl(lUl F~_

~ Net Call uMd ~ bullbull ~lI Adma

c e-Aoootr-f_ ~_ -edShn CCxlaI

PIgt --blsI tolt ugsReceJi_ d uo-nd u Oftrlb Slaw PrtIdoIl 01 pel ~

NatcII -cI in FNIICiol9 AcIvilieI l2107U43J NehlCi (cIao I lineal_ ~ ecuivaltnls1 8+lt1 (560~)

Oparong B-c orCallIand Cash EquiQIente 907371 eea CI~g BilInel of Cllh and Clsh Equivalanb W 907311

For ftOll_ dlho amp11

CS ClMufhury kIP ~ ob ow- cr amp~lrnIaIY

SIl II I I at Gewaf ~ amp~SfcreWy

bull AUDITORS CERT1ACATE

fila- roe _ QIIfl b e d sa8) MlUSTllIS LUTEDfarhe IlClt ended 31 wm 2010The 81_ beerl__ llr fl CcnopInJ awulIe row =eliIca 32li1il1lillAQl _ SIocIo ~_ _ _ __toBIIliIlaSIIIIMoI cnce CIIIfU-lrW1lIPJflb tliOld~

For gtASH CHATlfltD bull bull ssaxaTES ~laquogtIl ws

DeIeol- 28tl ~ 2010 PrtllU Ho~

29

~---------------~

BOOK POST

Senbo Industries Limited

Registered Office 87 l6fW1 Sarari KoIoaa 700013

Phone a33)2217 891516 Fax 033 2265 9485

Email senboindgmailcom Wilbsile wwwsenboindustriescom

Works KarbBla Sonarpur Station Road

KoIkata 700 103 Phone 033 2434 7339

Fax 033 2434 7341

Page 9: Sixteenth Annual Report 2009-10 - Bombay Stock ExchangeU8il. C8ncer R!sean::I'l lklil5 1il:l!l>tl1l 1lC. In8lldIlIor. lhe I!oItd_

AIpresent the composrtioo oItha Board of Directors coosislsofEx 16) DirocIoo SriKajaSengupta the main IIffiIllOter and ItJe Chair ampManaging (ljree1orheadsthe Board SriKajar Sengupla isBSe (Hens)graduate and has 31 years ofvaluable eltpererlCe inhi-1ecI1 OJl1strucliorl and PhalmalteutlCals Ifldugttry No ~ ourrtlypaid tohim The Vice Cman 01 theSoard isSriCSChoudhury SnChoodhury isa ~aduate lIT theCormIeltce Sream lId islro Fellow mcmbet of the lnslrtute 01 Cost 3Worllts ACltXgtlmtanls of India lie has expooence 01 near1y 1M 15) decades vaoou Comp1ns 01 Enggtneenng Cltgtnsuudlon Steel Tea Tm1ber Hotel andPharrnacevlicals Heis due10 rNre by mtalion altld be1ng oIigible oers hi mseIf fltlr rtl-ilPXJinlmerll ill llgte forthoorrmgAAnuai GeIlerID Meeling Sri i(jl19shUk Sengupta is a B~or of Commerce and lias over 16 years e~ in higtgt-t-eeh COItStruCIioo pharmaceuticals andgtoIe industries

Dr Sha ibal Chakraborty MBSS is a repotedcardViogist and hascxperieoce inmedical professm for (NIf wgt (2) decades He is due to retireby rotation and being eIQibIe offers himselllolt ~tmern in theforthcoming Annu1 General Mooting

Sri Pradip KUlllOf ChMvorty e representative ofsmallshareholders ofttleCompanyhasnea~ foor (4)decades01 ~eperience

Dr As hKumar SenguptaMBSSDGO(car)5a reputodmedicalproctiliooer havm9exjJerience eM 2G years AJ DireclOO Other ltlan SoKajltli SenguptaCl1altrman 8 Maraging Director Sri CSChoudll) 1lfJa Chairman and Sri IGngshuk Sengupta alte independelTl DirectorsThe represerrtatioo 011 tle Boord 01 DirocIoo 01 cxecutiw viH-vis ncoshyexewlive Din)(t(l(s is 33 The Company ho rool entered toanymalenel SlQrnflcantrellSadionwithnon-ampXCUlM DOedorsof theCompal

BOARD MEETING

During the yeelt under review fiw lloerdmeetiroJs were held 011 3rd Apnl 15th May29th June 27th July 14th August 30thOdober2009 and 15thJarwry201 O

The lasl Annual General Metm9 01 tile Compo) was hold on23nJ September 2009 The cornposjlion oftheBoard of [)recIon and thr attendance athe Board M ~ng s dum thoyear and athe Annual GeneralMaeu and IIe number 01otherDirectorshipand Boord Commmee MembershipICllairmanslip areasoIIows

UImber ofother Dirodolslip 3Allendance

Comm~ tiershiraquo CbalrrnanslHpName ofOiredors om ~ shy- tlIgt tOp -- --shy-Shri Kajal Sengupta - - lt

Eecutive Director r - r S1lri CS CcYojhury Egteattiw Oiredor Dr- SlIeftWCIiakra~ Independenl

Nm-Egteculive [)rector r 8M KiI1gshuIlt Seogupta -

Non-Execulile Oiroctor r 3 Dr As1sh Kr 5el19upta Independent

Non-Executl~ DIrector r- Shn Pradip Kumar ClIakralCly NcltHXflCltIroe DIreclor r y~

AUDIT COMMIITEE

The Audit Committ rompnse5 at two (21Noll-E-ltecutive0iltecI0rs and one Execuwe Director The nonlXecutl~ Directors being Dr Slaiba Challtralgtor)i Chairman ofAud~ Committee Or Asts1 Kumar Sengupta Ilttrile Shri Kajal Sengltlpta Choirmen 3Managing Di-ecIor is thesoleexewti [)jrectof Dumg theyearunderreview fi Audit Committee meetings were held thedates at those meetings being 3rd ~l 15th May 29thJlflamp 27thJul)

30Ih Ocklber 2009 and l5tl JinJary 2010 TheW ofhe Comn1llee and tileattenlance at the rneelIngs of Comrrotlee ee ~ below

Or SIiIitgtIII Chogtkretgtoltt

SoKajlII SengupIa

Dr AsnISh KltnlrSIr9JPIa

Moaf~_

bull e e

ThelemlSofefeoleandtile~of~ce o1 lheArditCltnmllee incIude shyI Erampmg 00flIllkarre and~eIlitieocl oflllefnll w-nI system as weias ilIemaIlkOl

b RellieWing of ~s fInancaaI perlormamil 81 ~ intervals os til as ~ng of Ihe ~$ RnanoalN(OtIy lIlCISS ond COItUfIV FnaICiaIStatements beIor8 SltltrIIssIon 10 tIlelloatd

C ~soopeandadeQuacyofalltlfu1dions bodlintemalno statrOIY d ~ 01cnbcaI fll1dlngs particUar~le toelebof= t eoorgtOmlZllllon n~ iltJIprtrmg ~and po otllabiily asweiasrelated followJPadJons 1hefeoI

~oIAaxgt111ingSandardsandDildoslnnormsprescnbedunOOrlhe~Acl1956

f Disdosng ofIinni8l ilIooTIaion wl ertSUing its correctness 1UIiaency 0e0i0ltit and rIs oroQ llih SlDdlt ExdIange Regulalbns Eli IoOl as0IherIeg3I requirements

g ReoJoeoding appoilbel l reflQVlI ofexternal~~ olaudrt feesandapprovaj b paymentbOlher seovices rendered byille extemaI auoiIors

h Reviewing fndrgtg ofNlilobsertallOfltS and(Jibcal w ke susperoled rul ororregularity orlamofilIemaI rootroIsystemsand~ sllCh matterslOtlelloard

Re~ of mallers ~atrng to dIarges n ICCCrUlUng polices fIlIlOlt IltXOltlt1bng entries based on eunlsc of judyel ell ransactiortsn dI0irecIcn8Ill dlrlaquoli IlIdrredlyriaesee

~ RevieooWg ofheFnaICiaI andRisgt Management Policies oftie Company

k Revrewing from _ klliIle the Comparly$ SlaIUkIIy and W1tradua1 gt as well as fOOSO1S fur ~

~tany

REMUNERAnotI COMMITIEE

RemJneltaIlon Cornmotlee ~ 01 two -exerullle llitIdDS viz Of ASISh Klmar 5ef9JpIa Dr ShailaI ChaOtaborty and ooeeJecaCiW ()recu viz Shri CS ctwtuyVee Chailmall was blIed by the Board atIts meeD] heldon31slOclobelt 2006 TheCommi lleeis~by OfASISh Kumao ~ TheCorrmitteehBse--ad I01h row kllleIerlrine Ihe terms 01 awonment and rtmuooralion of ExecuM DilOCbs policy on renue-aboo packageoIheExecutMl Difeclorsand 0 inSIttiog leesas pad klllrtecbs lorallending meetiI gtgs oIlhe 80arC or Cormittees theIeof During tle1narOIIl)ampyenooeme~ washeldon 1$111 Ja ry 2010

The arnposrtion oftile CorrvnitIee andIhe allendargtte ofhe II lP ofheCormIittee-areflivel beIcM- _-Dr ASISh Ktrnar Sergupra

Dr~ Chaklltllgtorty

Sri CSChoudIury

-shyChairman

8

SHoREHOLOEfICOmiddot TEE

S1 dlIIos Coull WIUI fA Ine ilClelodoo~ llntrs yenIl- OrAslsh K-rw ~ Or ~ OI8kI tyllld Shies Claduy Va on _lomgted byheBoIItl aI ilsrneettlg ~on 311l~20lllI The c tie -lid Dr - Kumor~ The Iem$fA to fA s wO 01 v- ~ fA

fA IIe Ca__ 111 td we ~ ilt Illd 111

pe1bfAlII ~1lldsrT nclIlloIW ilS __ -clIdIll~ lI~

No fA S1dldlIIos ~lOlir ~

Nod ~ II Nil

GENERAl BODY lIlEETItG

Thelal~ lIIIWlgfA~_PIIIldItSditacl_

1HIlAW

umiddot Sttwillii 2lDI

23 s Jillii 2Xl9

SpKIlIIIR bull ~a I~~ 9S

One(ljSpecgtlll R bull _---e--clnlglhellinler~

No spolOIII-on bull P-IOr ~ fIIIu1l PliI biIlloI b ben

PtollliI e-t1lld W COl Imiddot ry -ar pill Go is II Setu1192AfA Ill Ca_ =L 1li56-c1 Cou_IPiIIiIIIg 0I1lli Igt ton lII PllaIiI bIIkil) ~ 2001 an eBCII WIlt 90anl fA Ondori appQi _ tlr~ -dI PtollliI biIlloI

ceccc bull Duolrlg h _ ng _ II __ ~ Oitean llIl1e

Moo~_o1lhIir bullbullmiddot OfIlllilioo5IralIllglll_~~wl-fAlhiConlpatlyat b Tlwn_ng lllilInceoi non-w lCefA iI)- ~lllIlliC3pltllclnlgIIIIlrne~ald

ee pili bull 0I1hllQs _ ~ on ~ by SIPIr ~ Ill SE8lIlI oe iIalIb) ~ on _1lIIiI8d 111 capIlaI __ clnlg r1asl (31 _Illd euepl uplIiGo n ~oI~s ShIres byS1Ddlt EgtchltIIJ 01 b ~ ~iCEiald ~hnebeen lI n _ tal CCIrr1parly II hopefUfA idla 01 sbove suspetlSIllII at eat dIIe

c n lull Ca_ lIlIolos eqlIo18lS 111 ~ obOul bel acul or suspelgtdeltl hull 01

fIeeanpry-lhDuloI PU

9

I

IIEAIIS Of ~l1OIII

cu _SDt~~~ l~_-ly~reds_

been ~ _ a - toO _ 01 ~lt)w hall ollie ~ ll AampdIelI ~hriI~rdJliShIdhlllI(3)mcnh rJecIo6eoltgteilnaroll)U ~-AIaenomalyputlllshld cnr ~ EnjlIII rei_ 6ongiI6 New i Vlz F ~ I B _ SlIrdiIrII (Englmllrld KaIInIir i PraIicIol I ~ I 0IherSUIIIblI ~ The ~ iss- IIIW5 ~ on 9 ~ COPOsle ~aoo aetiLties Scd1 forrmtion ~acl also beendislUycd from lime ll lime In theColrQao(s Wabllt fWNW~com but such~lioollasbeen madelolsJtulklnal inveslDrsorlolhelnliysts

RlSl MAHAGpoundIlENT

Tha Board oIlllretlors II Is meeti1l hekI 0Il 2nd lUi 200111as loIid- IIlII Rs MiowgGi(yni~

~bpti~IbIlhBoW~IIensllt ertnlbullbull iallllfOC1ns ~riIli bullbullaE_ ~pliC1t Ths~ bull ogli5llt~-nd lIuIrlls d carco-nj middot7 yog

~o- hebogoo _Ile~-b 80 bsl

Tl-onUltIlSb0 0iIfJI~ d-ndp 1-1i _ shy~ Roopcotioog ltiIl

TloeeIilCtllll_ -at-ly~anlllO

oDE Of CONllJCT

nw OooollotIal ~PlIlIdon2lld_2W1 ~CodildCoQclbtoe d~ _ tie lltll 01 Dnlttto-4or E oeo oeo s01SeniorllaoCoftgtlI~ -= _ WI oIoIos

1 To 1d1he 1--d and iOlcirrobOgMms 10 tgtlI~IdIlclneSt)o ~ aIalIy and ~QlI(kJllIllnlsetoes tl 1 lXIUItIlW1 and~ ITllFfIT IIld noI1IM fnptper Idvantltge oflhl~0I1he Dncba 5IlfIIlr~

2 To~wiIh p4ic __noIeoond-middot

3 To Id gcoIlIilh ~ u cn 00~~ and ltifYo wrthtot IiIcJwoJlg lteir deldoi~ jlOjlobullbulltll)lllblldio

C 101d IoerNncealdh~oflhe~

5 To ~ -sr hi - Goglny lIIIIIn _011_III I o-eIat he adl cu iorlle _~ wtcIlleltiQlOid lliJealo -or~hrilSUlI_

5 To lllId III cu- oflb I1ll lelllln of~ toe cone d 5_O-Sw=Ilae-DIIlde--telldloonbIOOpMrS ~_alIIlatIzedor~lOdo1doIJIlldlob --ilrn-og1lle~~-b-__

a AooOO 1SIjjIny1bilt~I-clCIP8JIYOoodros b~gIrIltin_fIIl

LitUIllllillIIbhlCJmpilnys

7

--

9 Nglo_wilIOl 8ClP8dauwd_ DnanIor_IftOIIII_grb~d ~iI wnidIr-ohctar-dncl1lllrlllt

I ItIiP ~ar~~d-1-dIllldwN bullbull txIushyAONbWho-w_ wu_tIlcUd _lldIca__ a-d ed__Ile_ttl_gr $ dariliMl d~arbullbullbullbull 1 pgIicf nlIll1-W-llr IllBowll_ tnne-cl _lgradllCbl o-sw hey-IUd__CD1Ir_oode 1gt10-- u Ccde_Seniarpaw I

GEHERAlSHAREHOlDERIOFORIIATlON A-r~ ~ OngrlRn _Soii _2011 ald 1

C ~ S bIlts ~~SliIonRcamp1 KtMI- 1llIll03

The Carnpaytskm l SAp1l lo31S Ylrdl ~far lrllloMlJIifWSb2111(ll Illd dod ~1ar4tl~erdtlg311lldaJdl2011llIwlildeoedasPlrClluu~1 dLiIlnIlAyw=t _ SUiExctooiglS 0alBooot lIltIsIn ThI dMIs d book drI5uI1I llOll4d be tolIXI d (1) dIys Nt- ltII nell ArnoI ~~

DMOond P- DItt In- dille contnoous loss flcurIed bythe CotrcIony no ~ Ilai been ecollwendd for theyMt 2Q(l9-10 ~ onSlodl ExchMgt~

SIQs d Company nlisllld wdh h Skidlt EcIIyenoges d KoIIIIIIlld MumbIo

Stoclo Codo

) Sbt CaIo d SIot Egtdlengebull tVtlIi

bj S1oc1 CadId SIot ~ Kobto C) oma I$IN

rI hStloj COSlIar Equitybres d ~ 1llpoundl12C(l11l18-- _fIl-golnlg _ O illlxraquo z zrd-tll

q bull w ShM TAgiMt _ _LId D511 llIgn 7lBRll8 Roio1 ~-700001

sw T S-TIIz srehAIIIt-__-~bnl_ poo _Oil ~1 Illd _ lDIl d 15ltiIys b doled IlIOIlIIl ~ bon__bull II fIIIl2stI bull _dSEBl IlJdlIIS CO J lzcIIJd9-T~ l--1lI_ 1IiZIIlnrWbull apICXIlIIIr_tl owh $ dlampijsd lOd 9__01_ ~opISbdemIl~ iD tl

llimil ill DtoixgtsIb Pa (llP) opIiol 01 ~ ThI Dol Pa jjlii z~tliMlIOlIlIair _tlCciroIPWl liang_oil -lopleXl OnleCllPldllW_ ~ dIbullbullwtleilalilwe In_eedDesrDlgdoiIIle IX~despItjes__

--

--

Diol oI Sb Smiddotmiddot~raquol

bull 01 ToaoI SlIiiel C ~ltI 5110 lOll

a 101le 500 501 101000

UlOllO sooo 5001 10 10010 100011020000

a 200011050000

bull llUl01 101 OJ000

bull5

~ 00 00 1IIl r

ss 0 6211

a 00 n oro

O~ 01

bull Q

un

as OIl 11 ~ 2ln

T fo or ToaoI sushysea 0)1

OJgt 1022190

91 an

611655 ~ 169999

~

~

Z~

Z~

~zsoo

1101 SIIoIII S 1gt- of 1M~

_shyshyr-Pluo ~_shy-

shy

Foreq1~r

~IioIHI_s

61~100

lIZl00

sss

- 5

315S2 3394849

210299

-500

41101shy

az

bullbull t s o

100bull One bull jz 01~

ThI_~III~_OOOOP_ (1__29lgt~2O(I-t do ~1ICi9_e NStlOllI51l 2001 n aJSl illI -ltIIrIay 2m1 Tl3sl WitId 201O1le~ll driAzlo~b4 3801Ifot ltlCl8fool

-OUTSTampNDlNG GDR I ADR WARRANTS OR ANY CONVERnlllE INSTRUMENTS CONVERSlOtl DATE-ND lICELY IlPACTON EOlKTY

n~ -1lllI_ 1 GORIADR IWi15 1~ nswmentsanl hence lhn IS eo ~on re E~~aIhI~UIrgtltD oIIbcMOlStlmItlI$

- COCA SertIOhlushstmled KyenbIIL SovlUSIilIol Fad PO ~~ 100 103

ADDRESS FOR COAAESPOMOEMCE Forllnleo del 01 crollorqry -olllhn nlniIIIInrlll8lad laIied 5enbo~lhiItd 87UnIl s-~ 700 013 fue 03322178915 896 F 033m5911l5 22178917 E-IIl bw Jlu LillDIlIII - _~

AUDITORS REPORT ON CORPORATE GOVERNANCE TcltSha- It CIISenbo uIId 1 Wer-_ C UGh af ~aelfsnInlUroe$~b

Inlng 31S1wtf12010 flaeltf9a1hblnagodh~sxt Eoct 2 The_u dw rJw 1lMl 15 hesogtsblll dh_yenel CJI6 I

_Iiro-I tl~1II u ~b)h~bIIISlJII cubullbulla COidoo air COrpnII - M aid_ a E4I d on hOII 5t_d~

3 QIopIUI roIllI flit tc aI Ioo I kl10e V- tl _ adIIyh ~_wl4W w ~G z In__ 1IIl4Jbull We 1Ia __ grbullbullbullca REgiA amp Ston i C s shy_ d hi --a_CBIlIocl_ason 31S11oi1rttl21110 lO r-greaald9 1lJIOIIl_~bl~~tneoncnll

5 We adI ultr5IlIrIJIDIastlUewdfyd~ngr or bull I ~_amplel~tle~attgte~

For RAJESH CHATURVEOt ampASSOCIATES 0- __ bullbull

Itbull Po

~~~op No52a

AUDITORS REPORT

TO THE -WlFRS Of SENllONXJSTRESlMTpoundO

WI _uMild 80 SrIeeI d Serbllrlllustles InIIlM1Il3111 rlIrdI2l)10 r PrIllll l loI5Aalull lorlit liM IlIlIlil c--edarcI Cash Foo 51 161 lorh petllXI endIol on IltI dIltTt-ir8alI lolSnllel_d~118JI0u~ ~eonss Ol)irIoingn-kvOiI lolS-IonOlladl we _ ~OIIaltIIlIU AucInlSlirdanllge bull Ej hiiL n-StIi(laods Won ihel we plala petbm Ile kI ~~_illouI hlCiaI Ieare free d eA1IadolnUles_ bullbulliG-ona_tlaSII~Q~Ie_itld~

1hI1iN1rrili111 olSMallClUlecncUlls gOeaexDrCHhiCl(lllSllSIditldliUbullbullbulleoa I made by lIliiI8l8ieI III~ r0YIIlIli lrinIII $ e=-we belevelltlWlaDIptllOOde$l -onable lIISi5lorWI opirIion Wereportlhal 1 All ~ by he ~ I Report) QrIler 2003-ed by CefVII ~ SecIol

221(4A)oI the ~Ad 19$1fld bullbull1lIed YCJ~ we endosoe IIheAllnellft1 I 6donhe

ta

--

focltl iOjA4an1 5of1tlltI ~ 0rilPlt 2 Forttgtelt 10 oltsltOIIIITgtI1l intheAAnexUl1l refemld 0 inparagrapI1 1ilbove we ~ lhal

(sl We hIM obl3Ined ltII b i nj elQla OIlidl kllhe beol 0I llU IltIooIIeIlge and rae were oecessaoylolhegtUpo5eofcur~

(h)InQJr~OO prQ)(IbookJ ofoxountasreqUred bylaw hMebeen llteptblIe ~solaras~ rQm onllamplTlalioo dhose books

(c) The 8alance Sheetnj Proftamp loss Aoourlt 00aIl iMIl byh$ Report are inag SEll IiCIIwil1 the books ofilCCOUnt (d) InClI opioioo ee Balance Sheet ProIil amp lois Acoount amCash Pow ~ Odh IIfAacultng Slaodiods

rlIotfed inSectioI21l(3C)oI1h11 Coo IlpanAct 19$ ill solaraskSlardarlls Up1l llhle to he~

(ej 01111e DaIS0I11l11811 ~oIIltnl recellltllrcentm lho ~as oltl 31ltlllorch 1010 -IlakM onrecoltd by he Boanl of DirtctltlrS W8 rcoon ltIalnone rJ the DillJdors aAI ~ ason 31S datd12010 frJm beng appl)i1ltK1as DndI-ltOnlhe---g0l~27 4 (l)j)oIlIe ~Ad 195E

(~ In opioioo MIl III Ihe best QUI informata1 andaaorIlng to the ~lions lJnto us lheS3IC financial_r-d no_WIth It Silt1Nfgtanllatu1tingPciOe5inl subjello ~oI 11~~01 BoniS GralIiIy LltMI EroaslYrent lIrId~ reeeeee COl Sltsu-Ily )epoKCtfw3I UacicaI $lcrliSheltmlIIl101 wIidltaanotbeendee1millad Notbull bull regardlllgroorgt-chalt gingoiRelteSlCOllnter~ 8oowllIfroma~~ ~S on Pamptj~on Sorory~ampuy Aibs lIrIdlC8iSand~

~ oW lreganlilg~or_dwithMibull F Kbivt UltI tho_lO Notll egarding ~ oIAotoonIllgStandard 1$~6enefds nllle AIallWs

1gt1 bnirg pall 01 SdeduIe 22 flIllCI ~ -Mlh oiliernolM lheren giesfie rIorTnation ill ite mannerso -ec by 1he~Acl 1956andgivealreandlatr Iij Inhecase ofee Baiance ~OlllleSlaleoti1l1aQCorr4gtonY31 Motttt -00 (il 1iI he caeoflte ProilampLossAIC0Iltgte105$ for IIfyell elidedOIlltlat dale and fli) I Ihe case oftheCashAow Statement0thecash lowsoIthe ~ tJrlha lIaI eMed on lla1 dam

For RAJESH CHATURVEDI amp ASSOCIATES Chartared Accountants

RClgtatuMOi- Dateel 2811 May 2010 ~MobMMbullbullbullbull

ANNEXURE TOAUOIT(RS REPORT IReferrtd to iI Paragtliph I 0 _ RtjlOl

1 In respecl ofis flxedassets al The ~ te5 ~pIqlliI reortlosllllfl ful ~ ndodng qumtoIYe details anlsi=lion 01

FudAsselsonlhebasisolirlJrlnallon8Yaiible h) kgtorrIng to ee iobmaion ifld explanalions gWen tousee Fixelt Asm IaVe beer physIaIIy-t by the it~alreasonahle lIlIlVaIsand no_ClISCtlIaICle__ongtltdoYftrifalioon

c) II cu- opnon he ~ laS 001 cIspo$ed d subsIlniaI pall of fiMd assets dIIingIIIe yearanl thegoing ll)rOm $I31US oIllle CompenlIS flOI 8ffeced

2 In rl)Sped ol lllY8fl1lrie5 ailemiddot I IF Old II us ~ SIIri dlinlahad goods sbamp lllIamp ~ argtl raw itIiIlera6 exoejIl sIocls ththll

PIlies and IaIl5Il dal a ll phy$icIII~ verified byIIIeiNMgemeot al raasooarMe rlleltlaiS blmourLlJllllOll andaccoofug tIllhe ir1bmalictt 8Ild~~lolSlha proceVesolJttysica

II Adlts foIowed by ~ -abla argtl adequate rela01cent Ihf size d Iflt Coo1pany and lltueolils~

cl Pol eplaled Igt thediwepancjao nolieoltI onnflclloon bo_ It-PhysicaI Slrlcgts and IIle Book Records oIlfIelevef material haoll bee~deallMIlhe booksolaccoons

3 ln~oIloarr

alThe ColrQan dunng he 18 ha$ taken ~ loarts 10m Coolanies isIed n toe RegISlel fII8IlIained Ofdmllll dfleCorapeniesId 1$6 dllSal3llanliillilt w11ree

b) respeetolloans and acMnces il1he oIloonsQbVthe Ccnplyt)any~sla1Iwheltesbpulatms havebeltln made partiesistilllls havegeneraly repaid the atnOIflli as 5jplaquo j oIterlanthose written Qll ltltrIng treyea

4 In OU opiI1ioo 8lId 1 Jollie io1omr8tion ilI1d ~ 10 us eee ae1ldeqJI1e i1temal 00fllr0I prooedures~wiIIllhe sizerJlhe ~ llIdlhe_rJcentS OOsiness lorthepurdlaseolstwes shymaterials irdJIlng 0CWfIP0IIIlls plant amp Ichiy ~ and olher _ and lorthe sale of llJXlS 8lId servilte ~ is regolalt intaking rorredM -eswtlenvll( major ~ in iJlemaI COOIrtIl are 0 31111lt1

5 InCUopnioo and accllI1Jing to lhe bull ottand explanatioos gven tous110 transaellOnwas madeb- purchase 01 goodsrodma_ arid salerJgood$ mariaIs 8lId_ III purwance 01Clllilaets (I 810ge0 l8IllS entered in the er malntaioad lfW Section 301 oIlhe CompaIieStltt 1956 andagrpgalilg o1rigtg the year III Rs 500(00Of more inrespecl ofeach Pall)

6 The Comparl~ has rd~ anydepolIbfrom the pubic inIl1IJIIIU 01 SecIoos 58A 58AAor anyolherflOyenanl prtlVlSlOIS ollhesa

7_lIOUI opiMln Company has lIrllrrlemai Auditsystem 000 lei0SInIeWIIh ltIs size and thefIIbe oflSbusJIess 8 AalmIlgt) iJIcIrmaIioo and egtpl3llllbOnS gigtO kI ustheCeMaI ~t has notprescnled 1eniInce 01

costrecudsulS209(1J (d)ollhe CMIpooieampAa 1956 bany~o1 lhe~ 9 Inrosped cl S1IIu1orydues

a) Arcming 10 Ihe reoords oIlheCorr(lany at 0UIWndng dIJes In respect of Providert Flft1 Etlploees Stale InslrarceWilst BengalVAT CervrnI SalesT- 1rgtCQme Taxes rmSI rknoiplII Tn F IorPolutioo Conlrol Tradii Wcense and tire liclne eamp haVl eeee paid du 2OOS-10

bl Aoord glo tile~ follJfId egtpIarIaIiom given 10 os 00~ or~ amets payablei1respecl aIiPlCtNTllltl sales au WSIOlTl5 OOly exose dulyordues peyIIbIe 10 any olher SaluloIy and II](Local ~

were oolStnli1gasat31 $I Marth2010loraperiodd rro-e tlao silt ~ from Ihedate theyeeeerepayaIW 10 The 8CWlIIAaIed losses oIlhe Company at theend oIlhe fio1niaI )Ilar a Ine= 01 its networth I has rcuml

caslliosses duIngtie l8 iIIIdalso inthe previous JnancIlII year 11 The ~ has notOOIaultedInPilyment rJltlues toany fnIIciaI lltllliortorbankorltlebeo1IUes tdders 12 In00 0lIlDl am ~ III the ~ an explanalion grven to us 00 loans an acMnces haYe boon

pliedbytie CompanyfS1 theblIsisrJ$lllUIIybyayorpledge ofshates debenIIresan OIlIer secuilies 13 In 00 opnoo the CorJImy is nor a chl bld or a r)(IlVrnutua fundIsooely Therefore daose 4 ( ~~I rJ the

Coo-nIianies IAuliIor$ ReJxx1) Odef200J ltd as amended upto-date iampnoI ~ IllheCompMy 14 mour opinion the Canpany has notrIeaIl or traded in shares ~ detlen1urelts aod 1lVeWnen$ ThBreliJIIl

clause 4 I) olIM CD-npanos (AWibs Reportl 0r0ar 2003 an 3$ _idad upIO-dala is ootaPflkable tl the

1S The ~ lias nol980 guaranleesfor loanslaIlten byotIer$ from BanksorFinanciallnSlillJllon$ 16 The~1l1asnot~ itlynew mm loans (Urg theyear- The Termloans OUlSlandllgallhe bullmiddotgrJthe

lUwasril 17 ~tc the formation an e~given 10 usandonan overaleaminalionol theBalaa Sheelal the ~ weare 0theopinionIN no $horImm1oarl$1Ia been usOO lor long IIm1 tl esIi IIII ltIS

18 lloong the yeartheCompany lias nor madeanyprelltmntial allotment rJsIllfts tl parIIeS and companies covered in theregf$(efmain~tJ~ 301 al theCompaniesAct 1956

1gThe Company lias nossuedany detlenIlIres during heY9i 20The Company lias notlta1Sed any money byway ofpubloc rssue dnIg tie yei1II

( 21 In ouropnion Ild laquoeortIngtc the iflformalion arld xpIinItiorl gwnlO us 00fraud onorbytIaCOIl8Y has ~

nlttioIld orfIPOII8d dumg ee year thtcauses thefinoncliI satamanl$ to bemalariaiymissaled

For RAJESH CHATURVEOI ampASSOCIATES Chaltta-d AClOInlmtt

RChatu-di

PIacIl Kal Dated 28lhMa- 2010 ~libeis1 shyNo529llI

--Balance Sheet as at 31- March 2010

SOURCES Of FUNDS SHAREttOUlERSmiddot FIJNO _ -

APPlICATlON Of F1JNDS csers

IM$--OlIlgto-=-o

shy

100479000 2 92680000

musUIlI

3 1~zn245

194272245

rot )9$411245

bull 321969 061 - 1410U6ll

ClJRRpoundNT ASSETS lOANS ADVAIiCESu bull __ C81t 8lai8-a I-t

Sbull

U~356 72152(1ll71tl610

n 1-sTUw)shycww

I bull (872lillllll

u eolor taaicn

nuoo NET CUIlREHTASSETS

-(21129111)

Pfl()fJT amp lOSS ACCOUa 2711Sotl$l

rc 3910431245

NOTESTO TIE ACCOUNTS 22 Thf~~ t1ooe bm iIf1 gal part1If he Ballnlo SheeI

In _ aI(Ill IIIllOI aloMn dale 8IIlIChed

tNrdgt]t 2Mlt

1al4790lXI

bull

muSllOID

211Jamp33ll8 21 ~ lA33ll$

( 1 S02 311

321J2OS]( 1S7 7llO 6GB 163929iI66

li3 t 2U amp6

01530 72152(7

11 213 701V

11576833

ro 1161233

16IU2(

4I S02

lor RIjMII ChIturvtd amp Anoc_ For Itgtd ~d

c_ shyA~i8b -e Kolall DaIId 2811 uy 20 10

C $ Cbcudhury KaII s aoptbull Viol 0- ow- bull bullshy

SK~ Gof-IFuIc~

---

--Profitamp loss Account for the yearended 31 - March 2010

Sd 1Wdl31 2010 INCOME Sale 0TltiiiPrtOoG cow klcJuampeI~) III SkIdlt 97l198 17878

135125ot

- shy

FQor gtlis OtlerII gtlisee-J

leoSOibullbulle-- -COW-SeAng amp Pnldua De I bullbullbullbullbull --Ilems aI ltIlmllle yNr

n

ts te rebull

11)49028 120932 m ~12J51

2fioI7454 195538 6928685 6 ~7ampM2

5861 892 2929647 921633 92216

16on064 13822019 aee 158ll3ll

ltm s

PROFTT I (lOSS) PnJlil I (los$) bebw ~ (330542 4)) (25040611 ) PIoo$(o b ~ - FBT (10400)

(33054243) (25111011)

J 17~20

(238383798) (21 31530011

(271 1SUS7) =

For IOJ Of )tNI d lIlo 8tgton1

C S Choudhury K1ijal Sengup~

Vici ClamIa-l C1IiimIM amp IIiIgtIIloWll Dnltlltrr

s KMukllopacfhyay -~IFn1naJJ amp~~

NOTES TO THE ACCOUf(fS

In IemIs 01 1M reptil 0 (MIl rIaIe attadleIl lor RajKh ChaluIYIIdI amp ~t5

R ClatucIi-Dated 28th May 2010

- - - ---

- - -

bull bull

SchedulesForming Part of 8a~ Shelaquo F AUI middot MM~312009~3121110

~

SHARE CAPITAL Auhoflllld -- shy~

lllilOIX~_ltJRsltl-_ 120000100 ampaooOOO

luued Subsaiblld Paid upJlIlIOIlIl~sr-ltJ Rs tgt-- fullllI Ult_- - - -shy

104909000 104900000 I Oli HICl Eqity Shno 0 ltl- YlI_b__ - 50ltI (lOO 5091000

- -11 o000DOO 110000000

- SharCI _1 A_ 1S21ooo 1521000

01419000 106479000

2 RESEIM SURPlUS roo ~-CapcentlIwbsidy (Gcwl Ql West Bengali 1SllOOOO 500000 _ 91 13000II 91l31ooo

9268ll000 92600000

2 UNSECURED LOANS From eeeesCorpaote 194272245 21 7343388

194272245 217343388

8 FIXEDASSETS tEPREClArntl _shy_~

~-~~

bullbull bullbull ~ bullbull bullbull bullbull= - l Ol20 ~ D1 [)I1IXamp _

111lllll1O 11Ollllili ~ -~ -

~ 1$1 -- ~ ~-

2lt W - rWlro til1 TampI s

_~

I~ _ ~ ZSO~13relt 21U8325DlgUO gt5~O IG lJ231ae 390428)1 lIJ I3 m~l08

920 -~ ]100) _113 Zl(lllll~-

ll~ SI2 T3 1J2 M~ -- - m ~ 511~

_ I RIiloo _133lt0 romiddot ~ 611811ll 1138lt20- I 11 oIol ~M- - _m

IIIlt shy-- l1t12I571 2400II l1t 1 51~ - ~ crbullbull 163mllRi m ~IO3ll -l2alte2to l2TnO510 1IJg6l5111 11Il22OW IU lIOlIOlI T83 mJl(lll

-~

18

-~-----------------------------

---------

Sehtdults Forming Partof Ba-- Shell

see INVENTORIES As -en-ee lyNuCl

shy--shy~r omooos _bull Clro- Sa eo CcocI Orooer Sa C llcUIIW

lMs PIIl_kw~c

CASK 8AHK BampLampCES c1It-_amp__ bull

cr~Sd

ocat b a- ( (00 _ 0-_1

LOMS ADVANCESbull shy~

1vJ ~_etl 0

II_Clfb_tlt_ AMrakwf = _b - FB7 (fY2IlllI-lI9l _ FS T -Y2llraquo- tI e-PLl

1Iwll ow F- ~ lane F- PClI _ Tax AI ~ InpIlIVlTIW bull

s CURRENT LIA8lLIT1ES PIlOVSlONS ACURRENT w8IUTIES0- _

bull SSJ lnt

-- shy- SeoIII) 0tpaM Reo 4 o8Cl

rMra F o-n- ~ IPl sad PaIl ~

bull~ FOR TAXAT10H FmlIlIInIM Tax

ts

IIIwcb 31 2m0 -

6111$ $ 681 fjl

U 1U5S 1991 53

119904163 ~n9~16

1l1527

2 ~ -

UOgt -

17 bull lgtS ~11

om SlD5 211503 ~ ~ ~

-

8718610

lt10901 S790 151 -wm

310(0) uo48ns_

( J MardI31 2Illll

shy21i21l6ll j$~1

~lSI

1( I1SOOJl2Z

11713 ~ 1795 11

12lsWshy

lW111

_137f

6913201i

2JOgt rea

1Ui

l12n1M

63522501

3100XI

11576)33

ro 70bull00

- -

--

- -

- - - -

SltheClIles f ormingPart d Profit amp LO$S Aceounl

10 SALES

-~- -- 11 OTHERItCQME11-[ melt

12 flaquolN OPERATING INCOItE LatIy lnt1en Ilad

13 RAW MATERIALS ~ Slcd01 Raw ~ Add PudiBse Duling he year

less ~ Stock IIntten 01

__ less ClJsrlg SOdl

15 UTIUTIS - POorCf amp fue l

FltnI8OOOiI shy_=00=4 of ~ 16 PEIlSCNtlEl EXPENSES

Salary Wa1eSEltgtlus ampExQlIJl wgtltl~

Co ConlrbJliorllll P ilIId E S I F fICmIrOW_~poundlC

Stl ffTffin~

LtWm 8 liwiIs

17 Olli ER EXPlNSES AlOIo FlernJnn1lO1 B3ltkCh Books amp Pto odicaigt ConsJlanc S service CtIatgts eooooo Diltectgtf Sitmg Fee Oonaion amp SltIbwEnt9llJirlrroerj bpelMl$

-- V endIltI ~ 1 200IIM~ J1 2010 h

- 2(6557 l4t64

lJl17li 457449 172899 _ - ciJ8S

420amp82

420amp82

~62U68 1441323 96691 l294m

2111359 21421 00 162n

2050~ 2742100 501554 2621168

_1~9 ~ 120132

194905 sbee 407285 ~

Zn1 1~ 412351

2320 ~J 751578 24367 17lt581

15379 ~

264745C 1guraquolIshy

OI0tTO S4lll292 370512 35096

17412 19J11 ~ 911 138 574902

6928ampamp5 - amp471gt12

1890~ -zsesm a 18793 4308amp5 29864 207818 152574

~40000 ~ ~

55189 ~

-_---------------------

--$lttdules Fonning Pillof Profit amp losl kwunl -

FIQlIy Fcnrc ~ RligisIi 01- shy shyPlIge amp_Ii Prning amp S -_ Wi _ t XD - shy

VIhdI a -

UidbullbullJ- 5aLJrtG amp PRODUCT DEVaOPllOO

Elwo_ 11_ C

e shy- shy CgtWltGES CIlCllfl CrdNc

middot~(IITOS bull CIlE$lDl-

shybullllII

ITE-s MllTTal on DURING THE tElR ~OIlIIe _ncIl11ngi1r___

21 AOAJSTlIENT llfLlnfG TO PREVIOUS lElRS ~~ToPt

---

IIIrdI 11 2lttO

293~ aeses 2013

3 67 37 37193

31 lOl

~

_~l-m

V

scs 2671

~

-- IampIrcII 31 20Ili

shy321581 271850

92 312102115875

~ 500 ease ~ mno10 ~ 3lrn

OW

eo ~

m me

nM

21

n IIOTU 0 ACCOtIITS Slttw- tlmnI prI die ilalfte srt1Il Istllllrchola nl PIlIIII amp 1JIIs-aul trn _ -1IlliIlI31YIrct2C 11

t Sifi_Ac bull shyt _1 8o$lS CFACCtIUN7JrIG Tht~ e p wl-MI_UlcstOll__l Ol atCIAIba5lSd~

C_ lIOltUSgqIUI)lfICl- i1b1el1l~ c__11IO

oonplyOllfltlt~~ ~ eolAaNIfSWdilnl) ~ 2lD6 puSUiRlc5ecbI211 (3C)1te eooesAcL 19561 lto6lmiI) Gle~ ~ ll _ (_ CAAPI ~andft~ pvmIOOS DIN r~-1956 Tht~ pJlIQeIl iQCQIlSISIonampyamplplledbyN~

12 USE Oa STIliAn The_n_of~~~OIIhGAN~~ lDmakelSllnllllC ~ fllIlllKttlt r8pI)1ed-td _aod- ltIIodocltre 01 ~ngenlliltlillIes

bullbullbull_dbgt ~ tol -l had pjoesrilrng IIMI ~ penxl ~~ 1IIilinaIIls b8sed l(lOII iitSmiddot be kloItIatunwl ~CIlUOJ

3 RXal USETS fI F_-iIl~ oxa oleUeoabIfII1oa 1C05IIICUlli5 IIIGUei llclir-wh tJitS-mcubullbull__

Ib)Tho~_rJbed _d__QnMj [ ~

laquob)i u lEPRfQA1JC

00 bull d -1_cnoodIl CIIIIriiIgb me ~ lillle-~ Slt1leOjo JNrJ ~AaI956 bullbullbull_

~ e-LCIII_~~ding 1efW _iii dlldl e-ertSaly~oo__ bull bull Ii middotded~r~4~_d_

15 MPARlllEtITF ~taehilllalCli SIlIlIll_iDl __ Ii CIIe__~

rldicIIt rt ifllleao_ ~ 01 bad _ lt1Plomgtooed N pa_ lCJsI le1 _toe lltT)lIlll_fII oIl1e ~ lib11 tJIJIIJ Cash GEsIili lN (CGU~Of ollelexceeds_1JIfiUt Tho__ Ii hi QIMkI d1lgte_net ~1IOIiI$_In~vaIle ~ hees~matad lltlft cosl lbw mUle use ollne aiiSs diIcounled 0 Ilelr Pfesenl_ 011 WIlltl_ M ompAtTIIMlllCJsl is~ j tt- _ --linllertlCOYlfalll onanlrld sunlrlss_OOIorgor_OfModicgtaw ~ Ioa l JlMnIIlterMa ~ tI N carrp1J -01- _ Mlil1 case d CGU

7 I Jok CIII~~

11 MfIlTORIES (___~ t_ ~ -cIII~d

~roolSldlel I ~-_aI _1ot-IIIDdQn5

~___~COIlf~plOdocII_oelDI n DbeJddampl7ampblgtIealll ColIiMlill- shy(bl- __- __~hsIoecgDCII2I --=lIl_dalilnnll

II ColI d a- ltIiel IItnIr _ pencil 01 _

~CllljO _

11 ~ a OGCOSTS amp0 g_hl~tI t Of~olhec __ iIo-t ~aolglgtltdgt_ _oWIOcoAI_dWgoltltJ~_

22

18 REVENUE RECOGNITlON ~ tom the$3Ie ~ goods(rouong TrllIi prodJctloo1 Ilottlesl IS ~ t4XJI passage 01 titleIe the cuslomen wtgtidl ~ _ Iheir ltIeliver) ~~ -y cui 01 gtltu ltifIe cIiimr 8lc altcOunlted rasand hey ~ fnaIydetlt1rmonod

19 PROVISIONSCOtITINGEl UABlUTIESAHDCOIffiNGENT ASSETS lalA pllOISIOn IS reoogrrised when theCUI1pal) tlas bull n-Jl otIIIgaoon as ~ 01 __ -l ~ ~ an CkIlkgtw 01 resource Of t ~ 10 $OllIe the ottgatiltJn in respect 01 wIldI ~ ~ _ be_ ProyenIIions are not diiowlId l)~ ~ ond a ~ -d (WI be5l OSlimate ~tl_ the abIigaIJooat he -e__ These _ atNd baJIIoce sIleel

d e -l~lO fllIoa lhe~~l~te

(h) Cootingenl labfllies ~ byY offICIIe5 IC (0) ConlingenlAwlz~ Y_egtlaquoepl lor lho purposed _ellol-

110 lEASE Sne 1(1_ has beenlICqIOrOO to-PCl ~~ l)pe 01wiI be deIenTwgted WI

~ 111 ACCOUNTlNGFORTAXESONINCOME

In-01 lilt lossb tie year ltJ1der revi Taxeson CuretC anIDeleltted Income have notansen

112 SEGMENTmiddotWlSE REPORTING The~eXltiJsiwe~ 1$ maruaeturinJ yenIll lI 0I V Fblsnl such in theopinocgtl Qfie Ibr1agemenl ttIil is lhlI (IIy lepo ~~ ampe9fIIlOl per AcclInng SllnIiard 17 on SegnetC Repor1lnt =oed by n - 01 Owtered AaxgtuntlolS or lnclol There 15 no ~ GeograpIwal segmenleithelt

111 EMPLOYEE BENEFITS (I) llelnod COOIlIbtlJon 10 prQIIidertfind ard empIo _ 0SlGII00 arediared Ie~ amp loss 1lCttUll 01 fill _ GleQlIIIrtbulions lOthe~ bIClS n 0JIlThere ate roo 0IheI 00lig81i0nI Ie Ihe eo IJIt I oe-er lIaI1 clJGb6Dn payable to therespecIMI-uy illIIIltntJes (b)Mninul1 _ or bonusasrgtcgotiated fmm n 10_ os lIo1W oCCOIJlted arc pood ClIIIl basis 0$1 -dQlllSlSlfrqt (0) No _ llInIIfit5lCthe~

Id) A molteltolco_ y_llerooIIin lhebmaigraUlyisllilllltraquo_ ed oncashbBSltl

1 _1~ POLICY ON EARNING PER SIWlf (alBMcNrnig persharelliltAlQ ~b)~lhetgtet~OIlossallet end rtude POSlIPeeclolany ~ ilem lor the peroltl IlItWtIlo Il~~ by lheweoghled ~_deqlJty shlIe wtsIMding dtgting ~ pergt)I1 ThegNed _ 01 equity share$ 0JISll0 tUroll tle PriOd In-fore_ fgtCiUdirIg a txnIs iDoJ tIatUI eleltnenI 3 right issue spill d __ or reverse tPl (1elXlISOIidaIiDn or_os) lito made dunng lteV-- (bl Forlto purpose or llIkulatJIJ ltlIuIod rmroJ per shire Ile Il8I prolil d ltJfl penod_ eqJfy 51eIclldelt n tie ~UltJef ofesQJDldo ltkngtg1MperiodInedforleellecls d II dilutive poIenIIIl d laquoJI- shy

115 PROVl$ION FOR TAXATIOti 13) Tax pense for1M)83 ~CUfeot ill ampdefMed isi1cloled Ie fIIt pltolit (lossl fortrleyeor (b)A~ IImadefortheCUTefIllagtbMlOlillIiltlOity(ltJmpU1ed 01 aoordancIe _ RlevariIlagt raIeSand ill A Pfl5lCl IS made fol cleIemclllDl for1rr9 ltttrerenltel rIsing and liCOJUOlg _ alarreotty Ofsubsl8I1Mjyenaded (e) ~ Igt-Is are ognised 0fIi) ~ _ is certainly 1l1111lhey wiI be INiZe6I1ld 1IOewedfollle~mm sheeld8led1letrIlspectivecarryolg_lIl11dlballiltllte

116 FOREIGNCURRENCYTllANSACTlON ~ applicableFltnql orn=nq lrrIsaGtiolls are accounleltl for at f1e elltolrlge rale prevaiing at the blttnsaction dilte Yearand mnetary assets and liahiitiesItIIoreignournrq are Ir3n$Iated allIle appHcaOie year end e chaoge ~andlIle ~ dilIeo elt ICe is eoognrsed $gaOl oo lorhe ytII

2 In tleopihJndlgtt~ Iho maM3llIe_ dlllaS$8l$[ eilherheentire~amp~ ling Ie 1rftVerwus Fbl ~~ tle0fIi) CGU cI ~ or Ile _ I tlNll l1Ier fIan tIo$e Ii respeclMCltlII)iniimlUllalLId1 assets no ~_IIason trgte Balance Sleel ltllte

lal Bank ~ fa 01 W8$l Be1l1 s_ ElltctncgtIy DioIiboIiltM ~ lid m

(h~ Claim agaiosIheComooy 0l0l ~ 3171849

(c)Oarn01 cerw ExCse CIuty InIer ApplrIl kI Trtlur8I no818

4 Asrc IleIeSlllls beenchargedOf1Ioler-Corpoltole~ he_lias flO beeoleswnatednj ~ n shys Partl OOIlfJrnlaliolt in respect 01 outslar1di~ balances JIr SuIlay DetbI Sltnlry Cltedl1DlS Lwns M~bo-on - inlrl OIIII$Idenolio1lh__

6 The Contrtd _ MI$ e- 81goroeemg 1M COo~adtA IISPObIe for Renovatlon wonlt at Fadlr was teminated dlIlI to pocI and sub-llarolard~ 01 wo1lt and maleliaIs At prtSeI1I hmalilt isurderfillg3lion

7 On iilllleial- ~lSioId CllIlridol~ djotlbyWs FreseruKab Pvt ttd (Fresenlus)1Iith eII8cI JrorIl ztSl Augull 2OOl5 fie -1t 01 ~ _ F-_ 1OImOa5e in cowetSion lthave Godown Iml Vat IDS tlfuMnl $aIIp by hit ~and~ of F-- has enuo oed UI~ cliIIe an no 8lUSImIIthas bftnmMI inherftIIIIld aaolIlIS thnfor

8 NJmaRECEVEOGAlNSTSALEOFPlANT ampMACH ~ E RY

At ~ tgty me Cornjgtony sctI--(dIi 000lt1 ~ -- amp FducalIon l id ~ JtImne _ oIRs 315 CtCQ edt ClIt ol Rs 612cnnsdUlWlg2009-10 iOJIinSl- 0111 Fluids 1Tl8I1~

maIonenes for wllCtlappmpriae resoIutioM -e passed tlf the- Companfs sharehllderson171tl ~ 201 0 Thoi Wesaid -m was ustd by he ~ IIMartlI ~~ 01 unseated kHI J-d from -conponieo

9 MIslment relathg to pr1lIioo ~ ear amounting to Rs 2157641middot ~ net 01 ~~ br Bank Gunnlee released by Bs1 ~ 10 R 7740121- party dsll bypro perod Alary Ib 37097shyrlIenlSl a-o dN)ood ~etarges etlt Rs 371 151middot01 N $arne year

10 MICROSWIILU tpoundDlllM ENTERPRIsES The COnpano hasflOl recewed Ifl IT 0 bull as IIqIJinld 10befledWIfIlhilllOllied ltlJlt(nIy UIMler 1le cro SrtalI JtId MecWn EnIefprioes ~M 200li c1a1Tlll19 tler S131S as00 31st March 2010 (and also 31st March 2(ll)9) rrntroSlIaIlard medlrnenlerprises~he_1Slicl payabIf klhlse dUIWIg_ l_~__l iS nl

11 The ~ III yet to fto -V adopI~ Standard 1S EmploY Benefits (lWes 20(5) issIed by ee 1nstilIJIl 01 ChaIltred AccoulItaols 0I1ndia ant deliilIed discIJslns reIaWli to Oefned Btnelil PIons couId FlO be fnidellollcrnonlS andRe9ortshy

12 RElAI ED PARTY DISClOS~RfS

DiscIoluesasreQUredJIaxulIilg Sagtd8Ill18aregoenbelow

LdofRm~~s

SenboEngneeMg Limited se KrojaI SenguptaErrOclln 81gi_oog Pvt lid -- shy8eeni I-IoIoifgs PIlI tid SnC S ChedMY

Dr Sll8IllaI 0lalCI1D0I1ySenboEnm ampPvt Lid SoFTarIp Kumr OVIkraOO1y Or Asilth Kumar Sengupta

-Trrnsactions with Related Parties duting 2009-201 0

Nature o u pses KeyManagementComj)lnics Personnel amp IWlati-u

(- lRs)

Expenses Ditedors Remuneralion Cullllllt ear ~ Nil

~ Nil

Dirnctorn SLtJIlg F Current lar- shy 40000 Previous at 2a COl Inoome

Electricity amp Diesel 71373

54358

Outstanding Balances onJ~ March 21)10

Unsecured teen CIIroIIt Year 1S4m245 Previous rilar 217343388

13 EAR~ I N GPER SHARE

Cumml Yn (Rs) Previous Year (Rs)

Net Profit I (Loss) after current and ~ tax Weghled Average

(33054243) 251 11011 1

Numtgter of Equity Shares 01 Ri 10eadlason 31()3-101 0 10647900 1O647OCXl

EamOngsPer Shale(BasicandDiluted) 14 FigUIeS to thepreltioos year tevebeen re-arranged and fe-9ouped ~ necessary

is Informatioo PlJfSllaI1l loNotllication UIIllerScheduleViofthe~rns Act1956 IAscertifiedbythelllartagement)

CIfIlInt Year

Oy INoofSoltMI 151 Annual Capacty _ PrOOLlClion

15 11 Used Capacrty 1aOOClOOO ~

1512 I rgt$~ Copltgtdty 18000000 ~

1513 TrialPrndLJClS of Irl1tlwenous FlJid _ MacIliroI upgradatlDr1

r p~~~ 157634 1178355

Saio oITrial FroducIs ol-shy 24244 206557

153 I -V FUds BottIos 191 18664

154 -shy IV FOIds Bottlogt 135309 990461

Pn0IS Year

INo_ oHloltles) IRs)

16000000 ~

18000000 ~

17878

~

1919 186amp4

-- --

CUrrtfltYtar shy- - (Moe-) -1 55 -- M5gt I PIWj G M M M M M M532 0_ lt0shy_~

GolI-ampO -- c_C_ -shy

1511 1572 sa-ls-o

-- -- -- -

- U - -- _ar shy_Cshy- - oW bull

~amp2 ---- M

bull bull bull_- -_ M

u uUm-- S bull bull

IS 5 12

0shy - a

1t11Pt a a-M

~

M- M

-

PCIY_- M M

M

1111 M

~~ 11

-

c

l

-

Informationpursuam to PartlYofSchemJItVIof the CompanilsAct 1956

B 1IceSl-fAbaraer_~~8U$-_

REGlSTRATlON DETAILS

~i No CJrI L 22 fTfTi( B I 9J r pT L o amp3Z 7a

llaIIAe Srleel DtIo l 3LlBpIl l amp11 oJ tl CAIIfAL RAISED DLRJ~G THE IEAIl (Arrioln Ra 000)

Pul iIlh I~ ~ Ilo1IIsaoi lonuI1saoe [l~N J t l PO$nOfII OF MllfIl 74TD1 AICl 0euroJlCmlEWT Of FUtClS AIoIIut Ik lDlI ___I bull~ f 5_1 kIII-- bull - -~ si shy

t1L ~ G 2aDi-l - shy- CIl frIJill ill-l412l1lJ ~oIFomds

lei Fuel A- [lj 41T[)l ojsJ ITDillJil Net ClmlIlt Assel5 [-r2T i~ 1_3ill j271T[SS]

N PERFORaLlHCE Of COlIIPAHY (Amwllll RsOOJ)

Tlnll1OII ITI2 -i L i lJIZ3 LL31middot~ r3Jl~~_

tJ3T( 1 57 a-LJ(Itl

GEHEltIC HAIlES OF 1fREf IRIHCIPll PROOUCTS

1 t _-FUds QV FUlls) CodIo No

2

3 NIL

ScheclJM 110 22 in siJed y Ihlllolowlg

~ RAJESH CMTUIlElllamp SSOOTES ~ I

bull 0-- di oIlW

SK_ DollId 2lIII1oIat_21110 -- ~IIIfl9r~ampe-~

CEOiCFO Certification

we 11- odbilljji led CU 8ijIlICbltt epacilieliISownn ampIotirIagrIg Dnaor (CEO) IFd Vice o-w (CfO) d soo~ lgtmed(ltgtoCornfrylOlMboltld ardbeIilIl oerIvtrlol-II) we live ~ ee lIIbltgtoamplinInciaI ~ noad wiIIlhe Cash FkM StaIIInWot d Senbo lnOlgtIneS Litnited

1orr-~3middotmiddotIlIntI2Cl0InlSllleNIl t81dart4 l _bIliIf (I Ibullbull de ngl ~ _ilIII Ibullbull or_ ~ lacI or_

lIOilSN1IblI tng _ ~1 __ 111_ I _-~-n_

~ iTa __

(tI) we _ lilbIsIdar if IId bIloII1lIIIlr1nIdOtlStrlIlllIICI tIle~ dUIrog

~_II1e~~arltAl bullbull ~lhe~eoaedCOtQcl

w lIodaN II illla~ d ed aJ onan 1Id C6 - Ked OQi lheCOdeolCcnltudilS~lPylN~_

(e) we UNr1ClllPC abIil beslilllIslqlnl l ODIlIroIIar 18Mll We heltdl ess d oornt sysIImS 01 CalgtanJ IIlilfnonl8 1ejO-- ~ tl tie 8IOIorI rdtlI AIdI COl_ I1olfio I(ies inle desIJl or oplIlllOi01such Itlma eortroII ~ any olwtJdwe arep3fllard stejlS takenorp-oposed 10 blIlallten b rlifov1g slICh oolioencie$

(d we_ tedanw_1MItlaIian tllha adnnllheALoltCo bull

(I Slfiji~~I onIefTaI~_~~ltUIlglher-

jiI Sy d8lJlI f ~-dellaWlg n lNllhe _ ~ lilNIrwlQiIl _

1 _Q$gl_f3UIl ~_=1- I Y gl bullbullbulleor ~I KlIenlhe~-~~-

M$Oillilllshy

c S Choudhuryvo-shy

~Iaqtion

~~tlIIulewr~Eta pnooad -09 (l l1ll(iildl-O_ 1le sma EAlw Ile eacle wbullbull SorirIr 1Mie Fwi lIIIIIlIoM oed eooue Code aJCcrWcl b III yelI endId 31$llllaodl

ForSoriIo hUres ~

shya- 1 bull V Dncb

28

-

-- - --

--

CA91FLOW $TJ1UlENT FOR THE YfJ~ BiDEDtiP IIAACM Z010 -- _shy1IIntltl 2f1

A calli FilM Inn e- gAdMliII5 - shyPdrllDaJrIaolt lD ~ l32ampl t 459 (251303971 ~bDocgt_ l$OnlIamp 134lZft9 ~PdlllJ bIbw IIoIIltlg ~CwlgII 16769 3S$) (1l JOl7I) (ro-~Wilrblil~ (Ottgtr tlan Cash-l CasI1 E~l 3amp521 301 (5510185) Cxh IO ~ fIvn 0parBli0ngt 221511006 116618564j Drreel T_PIId

l CnII FilM Opamng AlttiVitift 2215$il06 lU185641

II CUll Flow from Irwu~ng Acbrilies (248467) ~dr-lI8d~

nbiIg Fonogn etrq VinWI (29701199) ~farCl(lUl F~_

~ Net Call uMd ~ bullbull ~lI Adma

c e-Aoootr-f_ ~_ -edShn CCxlaI

PIgt --blsI tolt ugsReceJi_ d uo-nd u Oftrlb Slaw PrtIdoIl 01 pel ~

NatcII -cI in FNIICiol9 AcIvilieI l2107U43J NehlCi (cIao I lineal_ ~ ecuivaltnls1 8+lt1 (560~)

Oparong B-c orCallIand Cash EquiQIente 907371 eea CI~g BilInel of Cllh and Clsh Equivalanb W 907311

For ftOll_ dlho amp11

CS ClMufhury kIP ~ ob ow- cr amp~lrnIaIY

SIl II I I at Gewaf ~ amp~SfcreWy

bull AUDITORS CERT1ACATE

fila- roe _ QIIfl b e d sa8) MlUSTllIS LUTEDfarhe IlClt ended 31 wm 2010The 81_ beerl__ llr fl CcnopInJ awulIe row =eliIca 32li1il1lillAQl _ SIocIo ~_ _ _ __toBIIliIlaSIIIIMoI cnce CIIIfU-lrW1lIPJflb tliOld~

For gtASH CHATlfltD bull bull ssaxaTES ~laquogtIl ws

DeIeol- 28tl ~ 2010 PrtllU Ho~

29

~---------------~

BOOK POST

Senbo Industries Limited

Registered Office 87 l6fW1 Sarari KoIoaa 700013

Phone a33)2217 891516 Fax 033 2265 9485

Email senboindgmailcom Wilbsile wwwsenboindustriescom

Works KarbBla Sonarpur Station Road

KoIkata 700 103 Phone 033 2434 7339

Fax 033 2434 7341

Page 10: Sixteenth Annual Report 2009-10 - Bombay Stock ExchangeU8il. C8ncer R!sean::I'l lklil5 1il:l!l>tl1l 1lC. In8lldIlIor. lhe I!oItd_

30Ih Ocklber 2009 and l5tl JinJary 2010 TheW ofhe Comn1llee and tileattenlance at the rneelIngs of Comrrotlee ee ~ below

Or SIiIitgtIII Chogtkretgtoltt

SoKajlII SengupIa

Dr AsnISh KltnlrSIr9JPIa

Moaf~_

bull e e

ThelemlSofefeoleandtile~of~ce o1 lheArditCltnmllee incIude shyI Erampmg 00flIllkarre and~eIlitieocl oflllefnll w-nI system as weias ilIemaIlkOl

b RellieWing of ~s fInancaaI perlormamil 81 ~ intervals os til as ~ng of Ihe ~$ RnanoalN(OtIy lIlCISS ond COItUfIV FnaICiaIStatements beIor8 SltltrIIssIon 10 tIlelloatd

C ~soopeandadeQuacyofalltlfu1dions bodlintemalno statrOIY d ~ 01cnbcaI fll1dlngs particUar~le toelebof= t eoorgtOmlZllllon n~ iltJIprtrmg ~and po otllabiily asweiasrelated followJPadJons 1hefeoI

~oIAaxgt111ingSandardsandDildoslnnormsprescnbedunOOrlhe~Acl1956

f Disdosng ofIinni8l ilIooTIaion wl ertSUing its correctness 1UIiaency 0e0i0ltit and rIs oroQ llih SlDdlt ExdIange Regulalbns Eli IoOl as0IherIeg3I requirements

g ReoJoeoding appoilbel l reflQVlI ofexternal~~ olaudrt feesandapprovaj b paymentbOlher seovices rendered byille extemaI auoiIors

h Reviewing fndrgtg ofNlilobsertallOfltS and(Jibcal w ke susperoled rul ororregularity orlamofilIemaI rootroIsystemsand~ sllCh matterslOtlelloard

Re~ of mallers ~atrng to dIarges n ICCCrUlUng polices fIlIlOlt IltXOltlt1bng entries based on eunlsc of judyel ell ransactiortsn dI0irecIcn8Ill dlrlaquoli IlIdrredlyriaesee

~ RevieooWg ofheFnaICiaI andRisgt Management Policies oftie Company

k Revrewing from _ klliIle the Comparly$ SlaIUkIIy and W1tradua1 gt as well as fOOSO1S fur ~

~tany

REMUNERAnotI COMMITIEE

RemJneltaIlon Cornmotlee ~ 01 two -exerullle llitIdDS viz Of ASISh Klmar 5ef9JpIa Dr ShailaI ChaOtaborty and ooeeJecaCiW ()recu viz Shri CS ctwtuyVee Chailmall was blIed by the Board atIts meeD] heldon31slOclobelt 2006 TheCommi lleeis~by OfASISh Kumao ~ TheCorrmitteehBse--ad I01h row kllleIerlrine Ihe terms 01 awonment and rtmuooralion of ExecuM DilOCbs policy on renue-aboo packageoIheExecutMl Difeclorsand 0 inSIttiog leesas pad klllrtecbs lorallending meetiI gtgs oIlhe 80arC or Cormittees theIeof During tle1narOIIl)ampyenooeme~ washeldon 1$111 Ja ry 2010

The arnposrtion oftile CorrvnitIee andIhe allendargtte ofhe II lP ofheCormIittee-areflivel beIcM- _-Dr ASISh Ktrnar Sergupra

Dr~ Chaklltllgtorty

Sri CSChoudIury

-shyChairman

8

SHoREHOLOEfICOmiddot TEE

S1 dlIIos Coull WIUI fA Ine ilClelodoo~ llntrs yenIl- OrAslsh K-rw ~ Or ~ OI8kI tyllld Shies Claduy Va on _lomgted byheBoIItl aI ilsrneettlg ~on 311l~20lllI The c tie -lid Dr - Kumor~ The Iem$fA to fA s wO 01 v- ~ fA

fA IIe Ca__ 111 td we ~ ilt Illd 111

pe1bfAlII ~1lldsrT nclIlloIW ilS __ -clIdIll~ lI~

No fA S1dldlIIos ~lOlir ~

Nod ~ II Nil

GENERAl BODY lIlEETItG

Thelal~ lIIIWlgfA~_PIIIldItSditacl_

1HIlAW

umiddot Sttwillii 2lDI

23 s Jillii 2Xl9

SpKIlIIIR bull ~a I~~ 9S

One(ljSpecgtlll R bull _---e--clnlglhellinler~

No spolOIII-on bull P-IOr ~ fIIIu1l PliI biIlloI b ben

PtollliI e-t1lld W COl Imiddot ry -ar pill Go is II Setu1192AfA Ill Ca_ =L 1li56-c1 Cou_IPiIIiIIIg 0I1lli Igt ton lII PllaIiI bIIkil) ~ 2001 an eBCII WIlt 90anl fA Ondori appQi _ tlr~ -dI PtollliI biIlloI

ceccc bull Duolrlg h _ ng _ II __ ~ Oitean llIl1e

Moo~_o1lhIir bullbullmiddot OfIlllilioo5IralIllglll_~~wl-fAlhiConlpatlyat b Tlwn_ng lllilInceoi non-w lCefA iI)- ~lllIlliC3pltllclnlgIIIIlrne~ald

ee pili bull 0I1hllQs _ ~ on ~ by SIPIr ~ Ill SE8lIlI oe iIalIb) ~ on _1lIIiI8d 111 capIlaI __ clnlg r1asl (31 _Illd euepl uplIiGo n ~oI~s ShIres byS1Ddlt EgtchltIIJ 01 b ~ ~iCEiald ~hnebeen lI n _ tal CCIrr1parly II hopefUfA idla 01 sbove suspetlSIllII at eat dIIe

c n lull Ca_ lIlIolos eqlIo18lS 111 ~ obOul bel acul or suspelgtdeltl hull 01

fIeeanpry-lhDuloI PU

9

I

IIEAIIS Of ~l1OIII

cu _SDt~~~ l~_-ly~reds_

been ~ _ a - toO _ 01 ~lt)w hall ollie ~ ll AampdIelI ~hriI~rdJliShIdhlllI(3)mcnh rJecIo6eoltgteilnaroll)U ~-AIaenomalyputlllshld cnr ~ EnjlIII rei_ 6ongiI6 New i Vlz F ~ I B _ SlIrdiIrII (Englmllrld KaIInIir i PraIicIol I ~ I 0IherSUIIIblI ~ The ~ iss- IIIW5 ~ on 9 ~ COPOsle ~aoo aetiLties Scd1 forrmtion ~acl also beendislUycd from lime ll lime In theColrQao(s Wabllt fWNW~com but such~lioollasbeen madelolsJtulklnal inveslDrsorlolhelnliysts

RlSl MAHAGpoundIlENT

Tha Board oIlllretlors II Is meeti1l hekI 0Il 2nd lUi 200111as loIid- IIlII Rs MiowgGi(yni~

~bpti~IbIlhBoW~IIensllt ertnlbullbull iallllfOC1ns ~riIli bullbullaE_ ~pliC1t Ths~ bull ogli5llt~-nd lIuIrlls d carco-nj middot7 yog

~o- hebogoo _Ile~-b 80 bsl

Tl-onUltIlSb0 0iIfJI~ d-ndp 1-1i _ shy~ Roopcotioog ltiIl

TloeeIilCtllll_ -at-ly~anlllO

oDE Of CONllJCT

nw OooollotIal ~PlIlIdon2lld_2W1 ~CodildCoQclbtoe d~ _ tie lltll 01 Dnlttto-4or E oeo oeo s01SeniorllaoCoftgtlI~ -= _ WI oIoIos

1 To 1d1he 1--d and iOlcirrobOgMms 10 tgtlI~IdIlclneSt)o ~ aIalIy and ~QlI(kJllIllnlsetoes tl 1 lXIUItIlW1 and~ ITllFfIT IIld noI1IM fnptper Idvantltge oflhl~0I1he Dncba 5IlfIIlr~

2 To~wiIh p4ic __noIeoond-middot

3 To Id gcoIlIilh ~ u cn 00~~ and ltifYo wrthtot IiIcJwoJlg lteir deldoi~ jlOjlobullbulltll)lllblldio

C 101d IoerNncealdh~oflhe~

5 To ~ -sr hi - Goglny lIIIIIn _011_III I o-eIat he adl cu iorlle _~ wtcIlleltiQlOid lliJealo -or~hrilSUlI_

5 To lllId III cu- oflb I1ll lelllln of~ toe cone d 5_O-Sw=Ilae-DIIlde--telldloonbIOOpMrS ~_alIIlatIzedor~lOdo1doIJIlldlob --ilrn-og1lle~~-b-__

a AooOO 1SIjjIny1bilt~I-clCIP8JIYOoodros b~gIrIltin_fIIl

LitUIllllillIIbhlCJmpilnys

7

--

9 Nglo_wilIOl 8ClP8dauwd_ DnanIor_IftOIIII_grb~d ~iI wnidIr-ohctar-dncl1lllrlllt

I ItIiP ~ar~~d-1-dIllldwN bullbull txIushyAONbWho-w_ wu_tIlcUd _lldIca__ a-d ed__Ile_ttl_gr $ dariliMl d~arbullbullbullbull 1 pgIicf nlIll1-W-llr IllBowll_ tnne-cl _lgradllCbl o-sw hey-IUd__CD1Ir_oode 1gt10-- u Ccde_Seniarpaw I

GEHERAlSHAREHOlDERIOFORIIATlON A-r~ ~ OngrlRn _Soii _2011 ald 1

C ~ S bIlts ~~SliIonRcamp1 KtMI- 1llIll03

The Carnpaytskm l SAp1l lo31S Ylrdl ~far lrllloMlJIifWSb2111(ll Illd dod ~1ar4tl~erdtlg311lldaJdl2011llIwlildeoedasPlrClluu~1 dLiIlnIlAyw=t _ SUiExctooiglS 0alBooot lIltIsIn ThI dMIs d book drI5uI1I llOll4d be tolIXI d (1) dIys Nt- ltII nell ArnoI ~~

DMOond P- DItt In- dille contnoous loss flcurIed bythe CotrcIony no ~ Ilai been ecollwendd for theyMt 2Q(l9-10 ~ onSlodl ExchMgt~

SIQs d Company nlisllld wdh h Skidlt EcIIyenoges d KoIIIIIIlld MumbIo

Stoclo Codo

) Sbt CaIo d SIot Egtdlengebull tVtlIi

bj S1oc1 CadId SIot ~ Kobto C) oma I$IN

rI hStloj COSlIar Equitybres d ~ 1llpoundl12C(l11l18-- _fIl-golnlg _ O illlxraquo z zrd-tll

q bull w ShM TAgiMt _ _LId D511 llIgn 7lBRll8 Roio1 ~-700001

sw T S-TIIz srehAIIIt-__-~bnl_ poo _Oil ~1 Illd _ lDIl d 15ltiIys b doled IlIOIlIIl ~ bon__bull II fIIIl2stI bull _dSEBl IlJdlIIS CO J lzcIIJd9-T~ l--1lI_ 1IiZIIlnrWbull apICXIlIIIr_tl owh $ dlampijsd lOd 9__01_ ~opISbdemIl~ iD tl

llimil ill DtoixgtsIb Pa (llP) opIiol 01 ~ ThI Dol Pa jjlii z~tliMlIOlIlIair _tlCciroIPWl liang_oil -lopleXl OnleCllPldllW_ ~ dIbullbullwtleilalilwe In_eedDesrDlgdoiIIle IX~despItjes__

--

--

Diol oI Sb Smiddotmiddot~raquol

bull 01 ToaoI SlIiiel C ~ltI 5110 lOll

a 101le 500 501 101000

UlOllO sooo 5001 10 10010 100011020000

a 200011050000

bull llUl01 101 OJ000

bull5

~ 00 00 1IIl r

ss 0 6211

a 00 n oro

O~ 01

bull Q

un

as OIl 11 ~ 2ln

T fo or ToaoI sushysea 0)1

OJgt 1022190

91 an

611655 ~ 169999

~

~

Z~

Z~

~zsoo

1101 SIIoIII S 1gt- of 1M~

_shyshyr-Pluo ~_shy-

shy

Foreq1~r

~IioIHI_s

61~100

lIZl00

sss

- 5

315S2 3394849

210299

-500

41101shy

az

bullbull t s o

100bull One bull jz 01~

ThI_~III~_OOOOP_ (1__29lgt~2O(I-t do ~1ICi9_e NStlOllI51l 2001 n aJSl illI -ltIIrIay 2m1 Tl3sl WitId 201O1le~ll driAzlo~b4 3801Ifot ltlCl8fool

-OUTSTampNDlNG GDR I ADR WARRANTS OR ANY CONVERnlllE INSTRUMENTS CONVERSlOtl DATE-ND lICELY IlPACTON EOlKTY

n~ -1lllI_ 1 GORIADR IWi15 1~ nswmentsanl hence lhn IS eo ~on re E~~aIhI~UIrgtltD oIIbcMOlStlmItlI$

- COCA SertIOhlushstmled KyenbIIL SovlUSIilIol Fad PO ~~ 100 103

ADDRESS FOR COAAESPOMOEMCE Forllnleo del 01 crollorqry -olllhn nlniIIIInrlll8lad laIied 5enbo~lhiItd 87UnIl s-~ 700 013 fue 03322178915 896 F 033m5911l5 22178917 E-IIl bw Jlu LillDIlIII - _~

AUDITORS REPORT ON CORPORATE GOVERNANCE TcltSha- It CIISenbo uIId 1 Wer-_ C UGh af ~aelfsnInlUroe$~b

Inlng 31S1wtf12010 flaeltf9a1hblnagodh~sxt Eoct 2 The_u dw rJw 1lMl 15 hesogtsblll dh_yenel CJI6 I

_Iiro-I tl~1II u ~b)h~bIIISlJII cubullbulla COidoo air COrpnII - M aid_ a E4I d on hOII 5t_d~

3 QIopIUI roIllI flit tc aI Ioo I kl10e V- tl _ adIIyh ~_wl4W w ~G z In__ 1IIl4Jbull We 1Ia __ grbullbullbullca REgiA amp Ston i C s shy_ d hi --a_CBIlIocl_ason 31S11oi1rttl21110 lO r-greaald9 1lJIOIIl_~bl~~tneoncnll

5 We adI ultr5IlIrIJIDIastlUewdfyd~ngr or bull I ~_amplel~tle~attgte~

For RAJESH CHATURVEOt ampASSOCIATES 0- __ bullbull

Itbull Po

~~~op No52a

AUDITORS REPORT

TO THE -WlFRS Of SENllONXJSTRESlMTpoundO

WI _uMild 80 SrIeeI d Serbllrlllustles InIIlM1Il3111 rlIrdI2l)10 r PrIllll l loI5Aalull lorlit liM IlIlIlil c--edarcI Cash Foo 51 161 lorh petllXI endIol on IltI dIltTt-ir8alI lolSnllel_d~118JI0u~ ~eonss Ol)irIoingn-kvOiI lolS-IonOlladl we _ ~OIIaltIIlIU AucInlSlirdanllge bull Ej hiiL n-StIi(laods Won ihel we plala petbm Ile kI ~~_illouI hlCiaI Ieare free d eA1IadolnUles_ bullbulliG-ona_tlaSII~Q~Ie_itld~

1hI1iN1rrili111 olSMallClUlecncUlls gOeaexDrCHhiCl(lllSllSIditldliUbullbullbulleoa I made by lIliiI8l8ieI III~ r0YIIlIli lrinIII $ e=-we belevelltlWlaDIptllOOde$l -onable lIISi5lorWI opirIion Wereportlhal 1 All ~ by he ~ I Report) QrIler 2003-ed by CefVII ~ SecIol

221(4A)oI the ~Ad 19$1fld bullbull1lIed YCJ~ we endosoe IIheAllnellft1 I 6donhe

ta

--

focltl iOjA4an1 5of1tlltI ~ 0rilPlt 2 Forttgtelt 10 oltsltOIIIITgtI1l intheAAnexUl1l refemld 0 inparagrapI1 1ilbove we ~ lhal

(sl We hIM obl3Ined ltII b i nj elQla OIlidl kllhe beol 0I llU IltIooIIeIlge and rae were oecessaoylolhegtUpo5eofcur~

(h)InQJr~OO prQ)(IbookJ ofoxountasreqUred bylaw hMebeen llteptblIe ~solaras~ rQm onllamplTlalioo dhose books

(c) The 8alance Sheetnj Proftamp loss Aoourlt 00aIl iMIl byh$ Report are inag SEll IiCIIwil1 the books ofilCCOUnt (d) InClI opioioo ee Balance Sheet ProIil amp lois Acoount amCash Pow ~ Odh IIfAacultng Slaodiods

rlIotfed inSectioI21l(3C)oI1h11 Coo IlpanAct 19$ ill solaraskSlardarlls Up1l llhle to he~

(ej 01111e DaIS0I11l11811 ~oIIltnl recellltllrcentm lho ~as oltl 31ltlllorch 1010 -IlakM onrecoltd by he Boanl of DirtctltlrS W8 rcoon ltIalnone rJ the DillJdors aAI ~ ason 31S datd12010 frJm beng appl)i1ltK1as DndI-ltOnlhe---g0l~27 4 (l)j)oIlIe ~Ad 195E

(~ In opioioo MIl III Ihe best QUI informata1 andaaorIlng to the ~lions lJnto us lheS3IC financial_r-d no_WIth It Silt1Nfgtanllatu1tingPciOe5inl subjello ~oI 11~~01 BoniS GralIiIy LltMI EroaslYrent lIrId~ reeeeee COl Sltsu-Ily )epoKCtfw3I UacicaI $lcrliSheltmlIIl101 wIidltaanotbeendee1millad Notbull bull regardlllgroorgt-chalt gingoiRelteSlCOllnter~ 8oowllIfroma~~ ~S on Pamptj~on Sorory~ampuy Aibs lIrIdlC8iSand~

~ oW lreganlilg~or_dwithMibull F Kbivt UltI tho_lO Notll egarding ~ oIAotoonIllgStandard 1$~6enefds nllle AIallWs

1gt1 bnirg pall 01 SdeduIe 22 flIllCI ~ -Mlh oiliernolM lheren giesfie rIorTnation ill ite mannerso -ec by 1he~Acl 1956andgivealreandlatr Iij Inhecase ofee Baiance ~OlllleSlaleoti1l1aQCorr4gtonY31 Motttt -00 (il 1iI he caeoflte ProilampLossAIC0Iltgte105$ for IIfyell elidedOIlltlat dale and fli) I Ihe case oftheCashAow Statement0thecash lowsoIthe ~ tJrlha lIaI eMed on lla1 dam

For RAJESH CHATURVEDI amp ASSOCIATES Chartared Accountants

RClgtatuMOi- Dateel 2811 May 2010 ~MobMMbullbullbullbull

ANNEXURE TOAUOIT(RS REPORT IReferrtd to iI Paragtliph I 0 _ RtjlOl

1 In respecl ofis flxedassets al The ~ te5 ~pIqlliI reortlosllllfl ful ~ ndodng qumtoIYe details anlsi=lion 01

FudAsselsonlhebasisolirlJrlnallon8Yaiible h) kgtorrIng to ee iobmaion ifld explanalions gWen tousee Fixelt Asm IaVe beer physIaIIy-t by the it~alreasonahle lIlIlVaIsand no_ClISCtlIaICle__ongtltdoYftrifalioon

c) II cu- opnon he ~ laS 001 cIspo$ed d subsIlniaI pall of fiMd assets dIIingIIIe yearanl thegoing ll)rOm $I31US oIllle CompenlIS flOI 8ffeced

2 In rl)Sped ol lllY8fl1lrie5 ailemiddot I IF Old II us ~ SIIri dlinlahad goods sbamp lllIamp ~ argtl raw itIiIlera6 exoejIl sIocls ththll

PIlies and IaIl5Il dal a ll phy$icIII~ verified byIIIeiNMgemeot al raasooarMe rlleltlaiS blmourLlJllllOll andaccoofug tIllhe ir1bmalictt 8Ild~~lolSlha proceVesolJttysica

II Adlts foIowed by ~ -abla argtl adequate rela01cent Ihf size d Iflt Coo1pany and lltueolils~

cl Pol eplaled Igt thediwepancjao nolieoltI onnflclloon bo_ It-PhysicaI Slrlcgts and IIle Book Records oIlfIelevef material haoll bee~deallMIlhe booksolaccoons

3 ln~oIloarr

alThe ColrQan dunng he 18 ha$ taken ~ loarts 10m Coolanies isIed n toe RegISlel fII8IlIained Ofdmllll dfleCorapeniesId 1$6 dllSal3llanliillilt w11ree

b) respeetolloans and acMnces il1he oIloonsQbVthe Ccnplyt)any~sla1Iwheltesbpulatms havebeltln made partiesistilllls havegeneraly repaid the atnOIflli as 5jplaquo j oIterlanthose written Qll ltltrIng treyea

4 In OU opiI1ioo 8lId 1 Jollie io1omr8tion ilI1d ~ 10 us eee ae1ldeqJI1e i1temal 00fllr0I prooedures~wiIIllhe sizerJlhe ~ llIdlhe_rJcentS OOsiness lorthepurdlaseolstwes shymaterials irdJIlng 0CWfIP0IIIlls plant amp Ichiy ~ and olher _ and lorthe sale of llJXlS 8lId servilte ~ is regolalt intaking rorredM -eswtlenvll( major ~ in iJlemaI COOIrtIl are 0 31111lt1

5 InCUopnioo and accllI1Jing to lhe bull ottand explanatioos gven tous110 transaellOnwas madeb- purchase 01 goodsrodma_ arid salerJgood$ mariaIs 8lId_ III purwance 01Clllilaets (I 810ge0 l8IllS entered in the er malntaioad lfW Section 301 oIlhe CompaIieStltt 1956 andagrpgalilg o1rigtg the year III Rs 500(00Of more inrespecl ofeach Pall)

6 The Comparl~ has rd~ anydepolIbfrom the pubic inIl1IJIIIU 01 SecIoos 58A 58AAor anyolherflOyenanl prtlVlSlOIS ollhesa

7_lIOUI opiMln Company has lIrllrrlemai Auditsystem 000 lei0SInIeWIIh ltIs size and thefIIbe oflSbusJIess 8 AalmIlgt) iJIcIrmaIioo and egtpl3llllbOnS gigtO kI ustheCeMaI ~t has notprescnled 1eniInce 01

costrecudsulS209(1J (d)ollhe CMIpooieampAa 1956 bany~o1 lhe~ 9 Inrosped cl S1IIu1orydues

a) Arcming 10 Ihe reoords oIlheCorr(lany at 0UIWndng dIJes In respect of Providert Flft1 Etlploees Stale InslrarceWilst BengalVAT CervrnI SalesT- 1rgtCQme Taxes rmSI rknoiplII Tn F IorPolutioo Conlrol Tradii Wcense and tire liclne eamp haVl eeee paid du 2OOS-10

bl Aoord glo tile~ follJfId egtpIarIaIiom given 10 os 00~ or~ amets payablei1respecl aIiPlCtNTllltl sales au WSIOlTl5 OOly exose dulyordues peyIIbIe 10 any olher SaluloIy and II](Local ~

were oolStnli1gasat31 $I Marth2010loraperiodd rro-e tlao silt ~ from Ihedate theyeeeerepayaIW 10 The 8CWlIIAaIed losses oIlhe Company at theend oIlhe fio1niaI )Ilar a Ine= 01 its networth I has rcuml

caslliosses duIngtie l8 iIIIdalso inthe previous JnancIlII year 11 The ~ has notOOIaultedInPilyment rJltlues toany fnIIciaI lltllliortorbankorltlebeo1IUes tdders 12 In00 0lIlDl am ~ III the ~ an explanalion grven to us 00 loans an acMnces haYe boon

pliedbytie CompanyfS1 theblIsisrJ$lllUIIybyayorpledge ofshates debenIIresan OIlIer secuilies 13 In 00 opnoo the CorJImy is nor a chl bld or a r)(IlVrnutua fundIsooely Therefore daose 4 ( ~~I rJ the

Coo-nIianies IAuliIor$ ReJxx1) Odef200J ltd as amended upto-date iampnoI ~ IllheCompMy 14 mour opinion the Canpany has notrIeaIl or traded in shares ~ detlen1urelts aod 1lVeWnen$ ThBreliJIIl

clause 4 I) olIM CD-npanos (AWibs Reportl 0r0ar 2003 an 3$ _idad upIO-dala is ootaPflkable tl the

1S The ~ lias nol980 guaranleesfor loanslaIlten byotIer$ from BanksorFinanciallnSlillJllon$ 16 The~1l1asnot~ itlynew mm loans (Urg theyear- The Termloans OUlSlandllgallhe bullmiddotgrJthe

lUwasril 17 ~tc the formation an e~given 10 usandonan overaleaminalionol theBalaa Sheelal the ~ weare 0theopinionIN no $horImm1oarl$1Ia been usOO lor long IIm1 tl esIi IIII ltIS

18 lloong the yeartheCompany lias nor madeanyprelltmntial allotment rJsIllfts tl parIIeS and companies covered in theregf$(efmain~tJ~ 301 al theCompaniesAct 1956

1gThe Company lias nossuedany detlenIlIres during heY9i 20The Company lias notlta1Sed any money byway ofpubloc rssue dnIg tie yei1II

( 21 In ouropnion Ild laquoeortIngtc the iflformalion arld xpIinItiorl gwnlO us 00fraud onorbytIaCOIl8Y has ~

nlttioIld orfIPOII8d dumg ee year thtcauses thefinoncliI satamanl$ to bemalariaiymissaled

For RAJESH CHATURVEOI ampASSOCIATES Chaltta-d AClOInlmtt

RChatu-di

PIacIl Kal Dated 28lhMa- 2010 ~libeis1 shyNo529llI

--Balance Sheet as at 31- March 2010

SOURCES Of FUNDS SHAREttOUlERSmiddot FIJNO _ -

APPlICATlON Of F1JNDS csers

IM$--OlIlgto-=-o

shy

100479000 2 92680000

musUIlI

3 1~zn245

194272245

rot )9$411245

bull 321969 061 - 1410U6ll

ClJRRpoundNT ASSETS lOANS ADVAIiCESu bull __ C81t 8lai8-a I-t

Sbull

U~356 72152(1ll71tl610

n 1-sTUw)shycww

I bull (872lillllll

u eolor taaicn

nuoo NET CUIlREHTASSETS

-(21129111)

Pfl()fJT amp lOSS ACCOUa 2711Sotl$l

rc 3910431245

NOTESTO TIE ACCOUNTS 22 Thf~~ t1ooe bm iIf1 gal part1If he Ballnlo SheeI

In _ aI(Ill IIIllOI aloMn dale 8IIlIChed

tNrdgt]t 2Mlt

1al4790lXI

bull

muSllOID

211Jamp33ll8 21 ~ lA33ll$

( 1 S02 311

321J2OS]( 1S7 7llO 6GB 163929iI66

li3 t 2U amp6

01530 72152(7

11 213 701V

11576833

ro 1161233

16IU2(

4I S02

lor RIjMII ChIturvtd amp Anoc_ For Itgtd ~d

c_ shyA~i8b -e Kolall DaIId 2811 uy 20 10

C $ Cbcudhury KaII s aoptbull Viol 0- ow- bull bullshy

SK~ Gof-IFuIc~

---

--Profitamp loss Account for the yearended 31 - March 2010

Sd 1Wdl31 2010 INCOME Sale 0TltiiiPrtOoG cow klcJuampeI~) III SkIdlt 97l198 17878

135125ot

- shy

FQor gtlis OtlerII gtlisee-J

leoSOibullbulle-- -COW-SeAng amp Pnldua De I bullbullbullbullbull --Ilems aI ltIlmllle yNr

n

ts te rebull

11)49028 120932 m ~12J51

2fioI7454 195538 6928685 6 ~7ampM2

5861 892 2929647 921633 92216

16on064 13822019 aee 158ll3ll

ltm s

PROFTT I (lOSS) PnJlil I (los$) bebw ~ (330542 4)) (25040611 ) PIoo$(o b ~ - FBT (10400)

(33054243) (25111011)

J 17~20

(238383798) (21 31530011

(271 1SUS7) =

For IOJ Of )tNI d lIlo 8tgton1

C S Choudhury K1ijal Sengup~

Vici ClamIa-l C1IiimIM amp IIiIgtIIloWll Dnltlltrr

s KMukllopacfhyay -~IFn1naJJ amp~~

NOTES TO THE ACCOUf(fS

In IemIs 01 1M reptil 0 (MIl rIaIe attadleIl lor RajKh ChaluIYIIdI amp ~t5

R ClatucIi-Dated 28th May 2010

- - - ---

- - -

bull bull

SchedulesForming Part of 8a~ Shelaquo F AUI middot MM~312009~3121110

~

SHARE CAPITAL Auhoflllld -- shy~

lllilOIX~_ltJRsltl-_ 120000100 ampaooOOO

luued Subsaiblld Paid upJlIlIOIlIl~sr-ltJ Rs tgt-- fullllI Ult_- - - -shy

104909000 104900000 I Oli HICl Eqity Shno 0 ltl- YlI_b__ - 50ltI (lOO 5091000

- -11 o000DOO 110000000

- SharCI _1 A_ 1S21ooo 1521000

01419000 106479000

2 RESEIM SURPlUS roo ~-CapcentlIwbsidy (Gcwl Ql West Bengali 1SllOOOO 500000 _ 91 13000II 91l31ooo

9268ll000 92600000

2 UNSECURED LOANS From eeeesCorpaote 194272245 21 7343388

194272245 217343388

8 FIXEDASSETS tEPREClArntl _shy_~

~-~~

bullbull bullbull ~ bullbull bullbull bullbull= - l Ol20 ~ D1 [)I1IXamp _

111lllll1O 11Ollllili ~ -~ -

~ 1$1 -- ~ ~-

2lt W - rWlro til1 TampI s

_~

I~ _ ~ ZSO~13relt 21U8325DlgUO gt5~O IG lJ231ae 390428)1 lIJ I3 m~l08

920 -~ ]100) _113 Zl(lllll~-

ll~ SI2 T3 1J2 M~ -- - m ~ 511~

_ I RIiloo _133lt0 romiddot ~ 611811ll 1138lt20- I 11 oIol ~M- - _m

IIIlt shy-- l1t12I571 2400II l1t 1 51~ - ~ crbullbull 163mllRi m ~IO3ll -l2alte2to l2TnO510 1IJg6l5111 11Il22OW IU lIOlIOlI T83 mJl(lll

-~

18

-~-----------------------------

---------

Sehtdults Forming Partof Ba-- Shell

see INVENTORIES As -en-ee lyNuCl

shy--shy~r omooos _bull Clro- Sa eo CcocI Orooer Sa C llcUIIW

lMs PIIl_kw~c

CASK 8AHK BampLampCES c1It-_amp__ bull

cr~Sd

ocat b a- ( (00 _ 0-_1

LOMS ADVANCESbull shy~

1vJ ~_etl 0

II_Clfb_tlt_ AMrakwf = _b - FB7 (fY2IlllI-lI9l _ FS T -Y2llraquo- tI e-PLl

1Iwll ow F- ~ lane F- PClI _ Tax AI ~ InpIlIVlTIW bull

s CURRENT LIA8lLIT1ES PIlOVSlONS ACURRENT w8IUTIES0- _

bull SSJ lnt

-- shy- SeoIII) 0tpaM Reo 4 o8Cl

rMra F o-n- ~ IPl sad PaIl ~

bull~ FOR TAXAT10H FmlIlIInIM Tax

ts

IIIwcb 31 2m0 -

6111$ $ 681 fjl

U 1U5S 1991 53

119904163 ~n9~16

1l1527

2 ~ -

UOgt -

17 bull lgtS ~11

om SlD5 211503 ~ ~ ~

-

8718610

lt10901 S790 151 -wm

310(0) uo48ns_

( J MardI31 2Illll

shy21i21l6ll j$~1

~lSI

1( I1SOOJl2Z

11713 ~ 1795 11

12lsWshy

lW111

_137f

6913201i

2JOgt rea

1Ui

l12n1M

63522501

3100XI

11576)33

ro 70bull00

- -

--

- -

- - - -

SltheClIles f ormingPart d Profit amp LO$S Aceounl

10 SALES

-~- -- 11 OTHERItCQME11-[ melt

12 flaquolN OPERATING INCOItE LatIy lnt1en Ilad

13 RAW MATERIALS ~ Slcd01 Raw ~ Add PudiBse Duling he year

less ~ Stock IIntten 01

__ less ClJsrlg SOdl

15 UTIUTIS - POorCf amp fue l

FltnI8OOOiI shy_=00=4 of ~ 16 PEIlSCNtlEl EXPENSES

Salary Wa1eSEltgtlus ampExQlIJl wgtltl~

Co ConlrbJliorllll P ilIId E S I F fICmIrOW_~poundlC

Stl ffTffin~

LtWm 8 liwiIs

17 Olli ER EXPlNSES AlOIo FlernJnn1lO1 B3ltkCh Books amp Pto odicaigt ConsJlanc S service CtIatgts eooooo Diltectgtf Sitmg Fee Oonaion amp SltIbwEnt9llJirlrroerj bpelMl$

-- V endIltI ~ 1 200IIM~ J1 2010 h

- 2(6557 l4t64

lJl17li 457449 172899 _ - ciJ8S

420amp82

420amp82

~62U68 1441323 96691 l294m

2111359 21421 00 162n

2050~ 2742100 501554 2621168

_1~9 ~ 120132

194905 sbee 407285 ~

Zn1 1~ 412351

2320 ~J 751578 24367 17lt581

15379 ~

264745C 1guraquolIshy

OI0tTO S4lll292 370512 35096

17412 19J11 ~ 911 138 574902

6928ampamp5 - amp471gt12

1890~ -zsesm a 18793 4308amp5 29864 207818 152574

~40000 ~ ~

55189 ~

-_---------------------

--$lttdules Fonning Pillof Profit amp losl kwunl -

FIQlIy Fcnrc ~ RligisIi 01- shy shyPlIge amp_Ii Prning amp S -_ Wi _ t XD - shy

VIhdI a -

UidbullbullJ- 5aLJrtG amp PRODUCT DEVaOPllOO

Elwo_ 11_ C

e shy- shy CgtWltGES CIlCllfl CrdNc

middot~(IITOS bull CIlE$lDl-

shybullllII

ITE-s MllTTal on DURING THE tElR ~OIlIIe _ncIl11ngi1r___

21 AOAJSTlIENT llfLlnfG TO PREVIOUS lElRS ~~ToPt

---

IIIrdI 11 2lttO

293~ aeses 2013

3 67 37 37193

31 lOl

~

_~l-m

V

scs 2671

~

-- IampIrcII 31 20Ili

shy321581 271850

92 312102115875

~ 500 ease ~ mno10 ~ 3lrn

OW

eo ~

m me

nM

21

n IIOTU 0 ACCOtIITS Slttw- tlmnI prI die ilalfte srt1Il Istllllrchola nl PIlIIII amp 1JIIs-aul trn _ -1IlliIlI31YIrct2C 11

t Sifi_Ac bull shyt _1 8o$lS CFACCtIUN7JrIG Tht~ e p wl-MI_UlcstOll__l Ol atCIAIba5lSd~

C_ lIOltUSgqIUI)lfICl- i1b1el1l~ c__11IO

oonplyOllfltlt~~ ~ eolAaNIfSWdilnl) ~ 2lD6 puSUiRlc5ecbI211 (3C)1te eooesAcL 19561 lto6lmiI) Gle~ ~ ll _ (_ CAAPI ~andft~ pvmIOOS DIN r~-1956 Tht~ pJlIQeIl iQCQIlSISIonampyamplplledbyN~

12 USE Oa STIliAn The_n_of~~~OIIhGAN~~ lDmakelSllnllllC ~ fllIlllKttlt r8pI)1ed-td _aod- ltIIodocltre 01 ~ngenlliltlillIes

bullbullbull_dbgt ~ tol -l had pjoesrilrng IIMI ~ penxl ~~ 1IIilinaIIls b8sed l(lOII iitSmiddot be kloItIatunwl ~CIlUOJ

3 RXal USETS fI F_-iIl~ oxa oleUeoabIfII1oa 1C05IIICUlli5 IIIGUei llclir-wh tJitS-mcubullbull__

Ib)Tho~_rJbed _d__QnMj [ ~

laquob)i u lEPRfQA1JC

00 bull d -1_cnoodIl CIIIIriiIgb me ~ lillle-~ Slt1leOjo JNrJ ~AaI956 bullbullbull_

~ e-LCIII_~~ding 1efW _iii dlldl e-ertSaly~oo__ bull bull Ii middotded~r~4~_d_

15 MPARlllEtITF ~taehilllalCli SIlIlIll_iDl __ Ii CIIe__~

rldicIIt rt ifllleao_ ~ 01 bad _ lt1Plomgtooed N pa_ lCJsI le1 _toe lltT)lIlll_fII oIl1e ~ lib11 tJIJIIJ Cash GEsIili lN (CGU~Of ollelexceeds_1JIfiUt Tho__ Ii hi QIMkI d1lgte_net ~1IOIiI$_In~vaIle ~ hees~matad lltlft cosl lbw mUle use ollne aiiSs diIcounled 0 Ilelr Pfesenl_ 011 WIlltl_ M ompAtTIIMlllCJsl is~ j tt- _ --linllertlCOYlfalll onanlrld sunlrlss_OOIorgor_OfModicgtaw ~ Ioa l JlMnIIlterMa ~ tI N carrp1J -01- _ Mlil1 case d CGU

7 I Jok CIII~~

11 MfIlTORIES (___~ t_ ~ -cIII~d

~roolSldlel I ~-_aI _1ot-IIIDdQn5

~___~COIlf~plOdocII_oelDI n DbeJddampl7ampblgtIealll ColIiMlill- shy(bl- __- __~hsIoecgDCII2I --=lIl_dalilnnll

II ColI d a- ltIiel IItnIr _ pencil 01 _

~CllljO _

11 ~ a OGCOSTS amp0 g_hl~tI t Of~olhec __ iIo-t ~aolglgtltdgt_ _oWIOcoAI_dWgoltltJ~_

22

18 REVENUE RECOGNITlON ~ tom the$3Ie ~ goods(rouong TrllIi prodJctloo1 Ilottlesl IS ~ t4XJI passage 01 titleIe the cuslomen wtgtidl ~ _ Iheir ltIeliver) ~~ -y cui 01 gtltu ltifIe cIiimr 8lc altcOunlted rasand hey ~ fnaIydetlt1rmonod

19 PROVISIONSCOtITINGEl UABlUTIESAHDCOIffiNGENT ASSETS lalA pllOISIOn IS reoogrrised when theCUI1pal) tlas bull n-Jl otIIIgaoon as ~ 01 __ -l ~ ~ an CkIlkgtw 01 resource Of t ~ 10 $OllIe the ottgatiltJn in respect 01 wIldI ~ ~ _ be_ ProyenIIions are not diiowlId l)~ ~ ond a ~ -d (WI be5l OSlimate ~tl_ the abIigaIJooat he -e__ These _ atNd baJIIoce sIleel

d e -l~lO fllIoa lhe~~l~te

(h) Cootingenl labfllies ~ byY offICIIe5 IC (0) ConlingenlAwlz~ Y_egtlaquoepl lor lho purposed _ellol-

110 lEASE Sne 1(1_ has beenlICqIOrOO to-PCl ~~ l)pe 01wiI be deIenTwgted WI

~ 111 ACCOUNTlNGFORTAXESONINCOME

In-01 lilt lossb tie year ltJ1der revi Taxeson CuretC anIDeleltted Income have notansen

112 SEGMENTmiddotWlSE REPORTING The~eXltiJsiwe~ 1$ maruaeturinJ yenIll lI 0I V Fblsnl such in theopinocgtl Qfie Ibr1agemenl ttIil is lhlI (IIy lepo ~~ ampe9fIIlOl per AcclInng SllnIiard 17 on SegnetC Repor1lnt =oed by n - 01 Owtered AaxgtuntlolS or lnclol There 15 no ~ GeograpIwal segmenleithelt

111 EMPLOYEE BENEFITS (I) llelnod COOIlIbtlJon 10 prQIIidertfind ard empIo _ 0SlGII00 arediared Ie~ amp loss 1lCttUll 01 fill _ GleQlIIIrtbulions lOthe~ bIClS n 0JIlThere ate roo 0IheI 00lig81i0nI Ie Ihe eo IJIt I oe-er lIaI1 clJGb6Dn payable to therespecIMI-uy illIIIltntJes (b)Mninul1 _ or bonusasrgtcgotiated fmm n 10_ os lIo1W oCCOIJlted arc pood ClIIIl basis 0$1 -dQlllSlSlfrqt (0) No _ llInIIfit5lCthe~

Id) A molteltolco_ y_llerooIIin lhebmaigraUlyisllilllltraquo_ ed oncashbBSltl

1 _1~ POLICY ON EARNING PER SIWlf (alBMcNrnig persharelliltAlQ ~b)~lhetgtet~OIlossallet end rtude POSlIPeeclolany ~ ilem lor the peroltl IlItWtIlo Il~~ by lheweoghled ~_deqlJty shlIe wtsIMding dtgting ~ pergt)I1 ThegNed _ 01 equity share$ 0JISll0 tUroll tle PriOd In-fore_ fgtCiUdirIg a txnIs iDoJ tIatUI eleltnenI 3 right issue spill d __ or reverse tPl (1elXlISOIidaIiDn or_os) lito made dunng lteV-- (bl Forlto purpose or llIkulatJIJ ltlIuIod rmroJ per shire Ile Il8I prolil d ltJfl penod_ eqJfy 51eIclldelt n tie ~UltJef ofesQJDldo ltkngtg1MperiodInedforleellecls d II dilutive poIenIIIl d laquoJI- shy

115 PROVl$ION FOR TAXATIOti 13) Tax pense for1M)83 ~CUfeot ill ampdefMed isi1cloled Ie fIIt pltolit (lossl fortrleyeor (b)A~ IImadefortheCUTefIllagtbMlOlillIiltlOity(ltJmpU1ed 01 aoordancIe _ RlevariIlagt raIeSand ill A Pfl5lCl IS made fol cleIemclllDl for1rr9 ltttrerenltel rIsing and liCOJUOlg _ alarreotty Ofsubsl8I1Mjyenaded (e) ~ Igt-Is are ognised 0fIi) ~ _ is certainly 1l1111lhey wiI be INiZe6I1ld 1IOewedfollle~mm sheeld8led1letrIlspectivecarryolg_lIl11dlballiltllte

116 FOREIGNCURRENCYTllANSACTlON ~ applicableFltnql orn=nq lrrIsaGtiolls are accounleltl for at f1e elltolrlge rale prevaiing at the blttnsaction dilte Yearand mnetary assets and liahiitiesItIIoreignournrq are Ir3n$Iated allIle appHcaOie year end e chaoge ~andlIle ~ dilIeo elt ICe is eoognrsed $gaOl oo lorhe ytII

2 In tleopihJndlgtt~ Iho maM3llIe_ dlllaS$8l$[ eilherheentire~amp~ ling Ie 1rftVerwus Fbl ~~ tle0fIi) CGU cI ~ or Ile _ I tlNll l1Ier fIan tIo$e Ii respeclMCltlII)iniimlUllalLId1 assets no ~_IIason trgte Balance Sleel ltllte

lal Bank ~ fa 01 W8$l Be1l1 s_ ElltctncgtIy DioIiboIiltM ~ lid m

(h~ Claim agaiosIheComooy 0l0l ~ 3171849

(c)Oarn01 cerw ExCse CIuty InIer ApplrIl kI Trtlur8I no818

4 Asrc IleIeSlllls beenchargedOf1Ioler-Corpoltole~ he_lias flO beeoleswnatednj ~ n shys Partl OOIlfJrnlaliolt in respect 01 outslar1di~ balances JIr SuIlay DetbI Sltnlry Cltedl1DlS Lwns M~bo-on - inlrl OIIII$Idenolio1lh__

6 The Contrtd _ MI$ e- 81goroeemg 1M COo~adtA IISPObIe for Renovatlon wonlt at Fadlr was teminated dlIlI to pocI and sub-llarolard~ 01 wo1lt and maleliaIs At prtSeI1I hmalilt isurderfillg3lion

7 On iilllleial- ~lSioId CllIlridol~ djotlbyWs FreseruKab Pvt ttd (Fresenlus)1Iith eII8cI JrorIl ztSl Augull 2OOl5 fie -1t 01 ~ _ F-_ 1OImOa5e in cowetSion lthave Godown Iml Vat IDS tlfuMnl $aIIp by hit ~and~ of F-- has enuo oed UI~ cliIIe an no 8lUSImIIthas bftnmMI inherftIIIIld aaolIlIS thnfor

8 NJmaRECEVEOGAlNSTSALEOFPlANT ampMACH ~ E RY

At ~ tgty me Cornjgtony sctI--(dIi 000lt1 ~ -- amp FducalIon l id ~ JtImne _ oIRs 315 CtCQ edt ClIt ol Rs 612cnnsdUlWlg2009-10 iOJIinSl- 0111 Fluids 1Tl8I1~

maIonenes for wllCtlappmpriae resoIutioM -e passed tlf the- Companfs sharehllderson171tl ~ 201 0 Thoi Wesaid -m was ustd by he ~ IIMartlI ~~ 01 unseated kHI J-d from -conponieo

9 MIslment relathg to pr1lIioo ~ ear amounting to Rs 2157641middot ~ net 01 ~~ br Bank Gunnlee released by Bs1 ~ 10 R 7740121- party dsll bypro perod Alary Ib 37097shyrlIenlSl a-o dN)ood ~etarges etlt Rs 371 151middot01 N $arne year

10 MICROSWIILU tpoundDlllM ENTERPRIsES The COnpano hasflOl recewed Ifl IT 0 bull as IIqIJinld 10befledWIfIlhilllOllied ltlJlt(nIy UIMler 1le cro SrtalI JtId MecWn EnIefprioes ~M 200li c1a1Tlll19 tler S131S as00 31st March 2010 (and also 31st March 2(ll)9) rrntroSlIaIlard medlrnenlerprises~he_1Slicl payabIf klhlse dUIWIg_ l_~__l iS nl

11 The ~ III yet to fto -V adopI~ Standard 1S EmploY Benefits (lWes 20(5) issIed by ee 1nstilIJIl 01 ChaIltred AccoulItaols 0I1ndia ant deliilIed discIJslns reIaWli to Oefned Btnelil PIons couId FlO be fnidellollcrnonlS andRe9ortshy

12 RElAI ED PARTY DISClOS~RfS

DiscIoluesasreQUredJIaxulIilg Sagtd8Ill18aregoenbelow

LdofRm~~s

SenboEngneeMg Limited se KrojaI SenguptaErrOclln 81gi_oog Pvt lid -- shy8eeni I-IoIoifgs PIlI tid SnC S ChedMY

Dr Sll8IllaI 0lalCI1D0I1ySenboEnm ampPvt Lid SoFTarIp Kumr OVIkraOO1y Or Asilth Kumar Sengupta

-Trrnsactions with Related Parties duting 2009-201 0

Nature o u pses KeyManagementComj)lnics Personnel amp IWlati-u

(- lRs)

Expenses Ditedors Remuneralion Cullllllt ear ~ Nil

~ Nil

Dirnctorn SLtJIlg F Current lar- shy 40000 Previous at 2a COl Inoome

Electricity amp Diesel 71373

54358

Outstanding Balances onJ~ March 21)10

Unsecured teen CIIroIIt Year 1S4m245 Previous rilar 217343388

13 EAR~ I N GPER SHARE

Cumml Yn (Rs) Previous Year (Rs)

Net Profit I (Loss) after current and ~ tax Weghled Average

(33054243) 251 11011 1

Numtgter of Equity Shares 01 Ri 10eadlason 31()3-101 0 10647900 1O647OCXl

EamOngsPer Shale(BasicandDiluted) 14 FigUIeS to thepreltioos year tevebeen re-arranged and fe-9ouped ~ necessary

is Informatioo PlJfSllaI1l loNotllication UIIllerScheduleViofthe~rns Act1956 IAscertifiedbythelllartagement)

CIfIlInt Year

Oy INoofSoltMI 151 Annual Capacty _ PrOOLlClion

15 11 Used Capacrty 1aOOClOOO ~

1512 I rgt$~ Copltgtdty 18000000 ~

1513 TrialPrndLJClS of Irl1tlwenous FlJid _ MacIliroI upgradatlDr1

r p~~~ 157634 1178355

Saio oITrial FroducIs ol-shy 24244 206557

153 I -V FUds BottIos 191 18664

154 -shy IV FOIds Bottlogt 135309 990461

Pn0IS Year

INo_ oHloltles) IRs)

16000000 ~

18000000 ~

17878

~

1919 186amp4

-- --

CUrrtfltYtar shy- - (Moe-) -1 55 -- M5gt I PIWj G M M M M M M532 0_ lt0shy_~

GolI-ampO -- c_C_ -shy

1511 1572 sa-ls-o

-- -- -- -

- U - -- _ar shy_Cshy- - oW bull

~amp2 ---- M

bull bull bull_- -_ M

u uUm-- S bull bull

IS 5 12

0shy - a

1t11Pt a a-M

~

M- M

-

PCIY_- M M

M

1111 M

~~ 11

-

c

l

-

Informationpursuam to PartlYofSchemJItVIof the CompanilsAct 1956

B 1IceSl-fAbaraer_~~8U$-_

REGlSTRATlON DETAILS

~i No CJrI L 22 fTfTi( B I 9J r pT L o amp3Z 7a

llaIIAe Srleel DtIo l 3LlBpIl l amp11 oJ tl CAIIfAL RAISED DLRJ~G THE IEAIl (Arrioln Ra 000)

Pul iIlh I~ ~ Ilo1IIsaoi lonuI1saoe [l~N J t l PO$nOfII OF MllfIl 74TD1 AICl 0euroJlCmlEWT Of FUtClS AIoIIut Ik lDlI ___I bull~ f 5_1 kIII-- bull - -~ si shy

t1L ~ G 2aDi-l - shy- CIl frIJill ill-l412l1lJ ~oIFomds

lei Fuel A- [lj 41T[)l ojsJ ITDillJil Net ClmlIlt Assel5 [-r2T i~ 1_3ill j271T[SS]

N PERFORaLlHCE Of COlIIPAHY (Amwllll RsOOJ)

Tlnll1OII ITI2 -i L i lJIZ3 LL31middot~ r3Jl~~_

tJ3T( 1 57 a-LJ(Itl

GEHEltIC HAIlES OF 1fREf IRIHCIPll PROOUCTS

1 t _-FUds QV FUlls) CodIo No

2

3 NIL

ScheclJM 110 22 in siJed y Ihlllolowlg

~ RAJESH CMTUIlElllamp SSOOTES ~ I

bull 0-- di oIlW

SK_ DollId 2lIII1oIat_21110 -- ~IIIfl9r~ampe-~

CEOiCFO Certification

we 11- odbilljji led CU 8ijIlICbltt epacilieliISownn ampIotirIagrIg Dnaor (CEO) IFd Vice o-w (CfO) d soo~ lgtmed(ltgtoCornfrylOlMboltld ardbeIilIl oerIvtrlol-II) we live ~ ee lIIbltgtoamplinInciaI ~ noad wiIIlhe Cash FkM StaIIInWot d Senbo lnOlgtIneS Litnited

1orr-~3middotmiddotIlIntI2Cl0InlSllleNIl t81dart4 l _bIliIf (I Ibullbull de ngl ~ _ilIII Ibullbull or_ ~ lacI or_

lIOilSN1IblI tng _ ~1 __ 111_ I _-~-n_

~ iTa __

(tI) we _ lilbIsIdar if IId bIloII1lIIIlr1nIdOtlStrlIlllIICI tIle~ dUIrog

~_II1e~~arltAl bullbull ~lhe~eoaedCOtQcl

w lIodaN II illla~ d ed aJ onan 1Id C6 - Ked OQi lheCOdeolCcnltudilS~lPylN~_

(e) we UNr1ClllPC abIil beslilllIslqlnl l ODIlIroIIar 18Mll We heltdl ess d oornt sysIImS 01 CalgtanJ IIlilfnonl8 1ejO-- ~ tl tie 8IOIorI rdtlI AIdI COl_ I1olfio I(ies inle desIJl or oplIlllOi01such Itlma eortroII ~ any olwtJdwe arep3fllard stejlS takenorp-oposed 10 blIlallten b rlifov1g slICh oolioencie$

(d we_ tedanw_1MItlaIian tllha adnnllheALoltCo bull

(I Slfiji~~I onIefTaI~_~~ltUIlglher-

jiI Sy d8lJlI f ~-dellaWlg n lNllhe _ ~ lilNIrwlQiIl _

1 _Q$gl_f3UIl ~_=1- I Y gl bullbullbulleor ~I KlIenlhe~-~~-

M$Oillilllshy

c S Choudhuryvo-shy

~Iaqtion

~~tlIIulewr~Eta pnooad -09 (l l1ll(iildl-O_ 1le sma EAlw Ile eacle wbullbull SorirIr 1Mie Fwi lIIIIIlIoM oed eooue Code aJCcrWcl b III yelI endId 31$llllaodl

ForSoriIo hUres ~

shya- 1 bull V Dncb

28

-

-- - --

--

CA91FLOW $TJ1UlENT FOR THE YfJ~ BiDEDtiP IIAACM Z010 -- _shy1IIntltl 2f1

A calli FilM Inn e- gAdMliII5 - shyPdrllDaJrIaolt lD ~ l32ampl t 459 (251303971 ~bDocgt_ l$OnlIamp 134lZft9 ~PdlllJ bIbw IIoIIltlg ~CwlgII 16769 3S$) (1l JOl7I) (ro-~Wilrblil~ (Ottgtr tlan Cash-l CasI1 E~l 3amp521 301 (5510185) Cxh IO ~ fIvn 0parBli0ngt 221511006 116618564j Drreel T_PIId

l CnII FilM Opamng AlttiVitift 2215$il06 lU185641

II CUll Flow from Irwu~ng Acbrilies (248467) ~dr-lI8d~

nbiIg Fonogn etrq VinWI (29701199) ~farCl(lUl F~_

~ Net Call uMd ~ bullbull ~lI Adma

c e-Aoootr-f_ ~_ -edShn CCxlaI

PIgt --blsI tolt ugsReceJi_ d uo-nd u Oftrlb Slaw PrtIdoIl 01 pel ~

NatcII -cI in FNIICiol9 AcIvilieI l2107U43J NehlCi (cIao I lineal_ ~ ecuivaltnls1 8+lt1 (560~)

Oparong B-c orCallIand Cash EquiQIente 907371 eea CI~g BilInel of Cllh and Clsh Equivalanb W 907311

For ftOll_ dlho amp11

CS ClMufhury kIP ~ ob ow- cr amp~lrnIaIY

SIl II I I at Gewaf ~ amp~SfcreWy

bull AUDITORS CERT1ACATE

fila- roe _ QIIfl b e d sa8) MlUSTllIS LUTEDfarhe IlClt ended 31 wm 2010The 81_ beerl__ llr fl CcnopInJ awulIe row =eliIca 32li1il1lillAQl _ SIocIo ~_ _ _ __toBIIliIlaSIIIIMoI cnce CIIIfU-lrW1lIPJflb tliOld~

For gtASH CHATlfltD bull bull ssaxaTES ~laquogtIl ws

DeIeol- 28tl ~ 2010 PrtllU Ho~

29

~---------------~

BOOK POST

Senbo Industries Limited

Registered Office 87 l6fW1 Sarari KoIoaa 700013

Phone a33)2217 891516 Fax 033 2265 9485

Email senboindgmailcom Wilbsile wwwsenboindustriescom

Works KarbBla Sonarpur Station Road

KoIkata 700 103 Phone 033 2434 7339

Fax 033 2434 7341

Page 11: Sixteenth Annual Report 2009-10 - Bombay Stock ExchangeU8il. C8ncer R!sean::I'l lklil5 1il:l!l>tl1l 1lC. In8lldIlIor. lhe I!oItd_

SHoREHOLOEfICOmiddot TEE

S1 dlIIos Coull WIUI fA Ine ilClelodoo~ llntrs yenIl- OrAslsh K-rw ~ Or ~ OI8kI tyllld Shies Claduy Va on _lomgted byheBoIItl aI ilsrneettlg ~on 311l~20lllI The c tie -lid Dr - Kumor~ The Iem$fA to fA s wO 01 v- ~ fA

fA IIe Ca__ 111 td we ~ ilt Illd 111

pe1bfAlII ~1lldsrT nclIlloIW ilS __ -clIdIll~ lI~

No fA S1dldlIIos ~lOlir ~

Nod ~ II Nil

GENERAl BODY lIlEETItG

Thelal~ lIIIWlgfA~_PIIIldItSditacl_

1HIlAW

umiddot Sttwillii 2lDI

23 s Jillii 2Xl9

SpKIlIIIR bull ~a I~~ 9S

One(ljSpecgtlll R bull _---e--clnlglhellinler~

No spolOIII-on bull P-IOr ~ fIIIu1l PliI biIlloI b ben

PtollliI e-t1lld W COl Imiddot ry -ar pill Go is II Setu1192AfA Ill Ca_ =L 1li56-c1 Cou_IPiIIiIIIg 0I1lli Igt ton lII PllaIiI bIIkil) ~ 2001 an eBCII WIlt 90anl fA Ondori appQi _ tlr~ -dI PtollliI biIlloI

ceccc bull Duolrlg h _ ng _ II __ ~ Oitean llIl1e

Moo~_o1lhIir bullbullmiddot OfIlllilioo5IralIllglll_~~wl-fAlhiConlpatlyat b Tlwn_ng lllilInceoi non-w lCefA iI)- ~lllIlliC3pltllclnlgIIIIlrne~ald

ee pili bull 0I1hllQs _ ~ on ~ by SIPIr ~ Ill SE8lIlI oe iIalIb) ~ on _1lIIiI8d 111 capIlaI __ clnlg r1asl (31 _Illd euepl uplIiGo n ~oI~s ShIres byS1Ddlt EgtchltIIJ 01 b ~ ~iCEiald ~hnebeen lI n _ tal CCIrr1parly II hopefUfA idla 01 sbove suspetlSIllII at eat dIIe

c n lull Ca_ lIlIolos eqlIo18lS 111 ~ obOul bel acul or suspelgtdeltl hull 01

fIeeanpry-lhDuloI PU

9

I

IIEAIIS Of ~l1OIII

cu _SDt~~~ l~_-ly~reds_

been ~ _ a - toO _ 01 ~lt)w hall ollie ~ ll AampdIelI ~hriI~rdJliShIdhlllI(3)mcnh rJecIo6eoltgteilnaroll)U ~-AIaenomalyputlllshld cnr ~ EnjlIII rei_ 6ongiI6 New i Vlz F ~ I B _ SlIrdiIrII (Englmllrld KaIInIir i PraIicIol I ~ I 0IherSUIIIblI ~ The ~ iss- IIIW5 ~ on 9 ~ COPOsle ~aoo aetiLties Scd1 forrmtion ~acl also beendislUycd from lime ll lime In theColrQao(s Wabllt fWNW~com but such~lioollasbeen madelolsJtulklnal inveslDrsorlolhelnliysts

RlSl MAHAGpoundIlENT

Tha Board oIlllretlors II Is meeti1l hekI 0Il 2nd lUi 200111as loIid- IIlII Rs MiowgGi(yni~

~bpti~IbIlhBoW~IIensllt ertnlbullbull iallllfOC1ns ~riIli bullbullaE_ ~pliC1t Ths~ bull ogli5llt~-nd lIuIrlls d carco-nj middot7 yog

~o- hebogoo _Ile~-b 80 bsl

Tl-onUltIlSb0 0iIfJI~ d-ndp 1-1i _ shy~ Roopcotioog ltiIl

TloeeIilCtllll_ -at-ly~anlllO

oDE Of CONllJCT

nw OooollotIal ~PlIlIdon2lld_2W1 ~CodildCoQclbtoe d~ _ tie lltll 01 Dnlttto-4or E oeo oeo s01SeniorllaoCoftgtlI~ -= _ WI oIoIos

1 To 1d1he 1--d and iOlcirrobOgMms 10 tgtlI~IdIlclneSt)o ~ aIalIy and ~QlI(kJllIllnlsetoes tl 1 lXIUItIlW1 and~ ITllFfIT IIld noI1IM fnptper Idvantltge oflhl~0I1he Dncba 5IlfIIlr~

2 To~wiIh p4ic __noIeoond-middot

3 To Id gcoIlIilh ~ u cn 00~~ and ltifYo wrthtot IiIcJwoJlg lteir deldoi~ jlOjlobullbulltll)lllblldio

C 101d IoerNncealdh~oflhe~

5 To ~ -sr hi - Goglny lIIIIIn _011_III I o-eIat he adl cu iorlle _~ wtcIlleltiQlOid lliJealo -or~hrilSUlI_

5 To lllId III cu- oflb I1ll lelllln of~ toe cone d 5_O-Sw=Ilae-DIIlde--telldloonbIOOpMrS ~_alIIlatIzedor~lOdo1doIJIlldlob --ilrn-og1lle~~-b-__

a AooOO 1SIjjIny1bilt~I-clCIP8JIYOoodros b~gIrIltin_fIIl

LitUIllllillIIbhlCJmpilnys

7

--

9 Nglo_wilIOl 8ClP8dauwd_ DnanIor_IftOIIII_grb~d ~iI wnidIr-ohctar-dncl1lllrlllt

I ItIiP ~ar~~d-1-dIllldwN bullbull txIushyAONbWho-w_ wu_tIlcUd _lldIca__ a-d ed__Ile_ttl_gr $ dariliMl d~arbullbullbullbull 1 pgIicf nlIll1-W-llr IllBowll_ tnne-cl _lgradllCbl o-sw hey-IUd__CD1Ir_oode 1gt10-- u Ccde_Seniarpaw I

GEHERAlSHAREHOlDERIOFORIIATlON A-r~ ~ OngrlRn _Soii _2011 ald 1

C ~ S bIlts ~~SliIonRcamp1 KtMI- 1llIll03

The Carnpaytskm l SAp1l lo31S Ylrdl ~far lrllloMlJIifWSb2111(ll Illd dod ~1ar4tl~erdtlg311lldaJdl2011llIwlildeoedasPlrClluu~1 dLiIlnIlAyw=t _ SUiExctooiglS 0alBooot lIltIsIn ThI dMIs d book drI5uI1I llOll4d be tolIXI d (1) dIys Nt- ltII nell ArnoI ~~

DMOond P- DItt In- dille contnoous loss flcurIed bythe CotrcIony no ~ Ilai been ecollwendd for theyMt 2Q(l9-10 ~ onSlodl ExchMgt~

SIQs d Company nlisllld wdh h Skidlt EcIIyenoges d KoIIIIIIlld MumbIo

Stoclo Codo

) Sbt CaIo d SIot Egtdlengebull tVtlIi

bj S1oc1 CadId SIot ~ Kobto C) oma I$IN

rI hStloj COSlIar Equitybres d ~ 1llpoundl12C(l11l18-- _fIl-golnlg _ O illlxraquo z zrd-tll

q bull w ShM TAgiMt _ _LId D511 llIgn 7lBRll8 Roio1 ~-700001

sw T S-TIIz srehAIIIt-__-~bnl_ poo _Oil ~1 Illd _ lDIl d 15ltiIys b doled IlIOIlIIl ~ bon__bull II fIIIl2stI bull _dSEBl IlJdlIIS CO J lzcIIJd9-T~ l--1lI_ 1IiZIIlnrWbull apICXIlIIIr_tl owh $ dlampijsd lOd 9__01_ ~opISbdemIl~ iD tl

llimil ill DtoixgtsIb Pa (llP) opIiol 01 ~ ThI Dol Pa jjlii z~tliMlIOlIlIair _tlCciroIPWl liang_oil -lopleXl OnleCllPldllW_ ~ dIbullbullwtleilalilwe In_eedDesrDlgdoiIIle IX~despItjes__

--

--

Diol oI Sb Smiddotmiddot~raquol

bull 01 ToaoI SlIiiel C ~ltI 5110 lOll

a 101le 500 501 101000

UlOllO sooo 5001 10 10010 100011020000

a 200011050000

bull llUl01 101 OJ000

bull5

~ 00 00 1IIl r

ss 0 6211

a 00 n oro

O~ 01

bull Q

un

as OIl 11 ~ 2ln

T fo or ToaoI sushysea 0)1

OJgt 1022190

91 an

611655 ~ 169999

~

~

Z~

Z~

~zsoo

1101 SIIoIII S 1gt- of 1M~

_shyshyr-Pluo ~_shy-

shy

Foreq1~r

~IioIHI_s

61~100

lIZl00

sss

- 5

315S2 3394849

210299

-500

41101shy

az

bullbull t s o

100bull One bull jz 01~

ThI_~III~_OOOOP_ (1__29lgt~2O(I-t do ~1ICi9_e NStlOllI51l 2001 n aJSl illI -ltIIrIay 2m1 Tl3sl WitId 201O1le~ll driAzlo~b4 3801Ifot ltlCl8fool

-OUTSTampNDlNG GDR I ADR WARRANTS OR ANY CONVERnlllE INSTRUMENTS CONVERSlOtl DATE-ND lICELY IlPACTON EOlKTY

n~ -1lllI_ 1 GORIADR IWi15 1~ nswmentsanl hence lhn IS eo ~on re E~~aIhI~UIrgtltD oIIbcMOlStlmItlI$

- COCA SertIOhlushstmled KyenbIIL SovlUSIilIol Fad PO ~~ 100 103

ADDRESS FOR COAAESPOMOEMCE Forllnleo del 01 crollorqry -olllhn nlniIIIInrlll8lad laIied 5enbo~lhiItd 87UnIl s-~ 700 013 fue 03322178915 896 F 033m5911l5 22178917 E-IIl bw Jlu LillDIlIII - _~

AUDITORS REPORT ON CORPORATE GOVERNANCE TcltSha- It CIISenbo uIId 1 Wer-_ C UGh af ~aelfsnInlUroe$~b

Inlng 31S1wtf12010 flaeltf9a1hblnagodh~sxt Eoct 2 The_u dw rJw 1lMl 15 hesogtsblll dh_yenel CJI6 I

_Iiro-I tl~1II u ~b)h~bIIISlJII cubullbulla COidoo air COrpnII - M aid_ a E4I d on hOII 5t_d~

3 QIopIUI roIllI flit tc aI Ioo I kl10e V- tl _ adIIyh ~_wl4W w ~G z In__ 1IIl4Jbull We 1Ia __ grbullbullbullca REgiA amp Ston i C s shy_ d hi --a_CBIlIocl_ason 31S11oi1rttl21110 lO r-greaald9 1lJIOIIl_~bl~~tneoncnll

5 We adI ultr5IlIrIJIDIastlUewdfyd~ngr or bull I ~_amplel~tle~attgte~

For RAJESH CHATURVEOt ampASSOCIATES 0- __ bullbull

Itbull Po

~~~op No52a

AUDITORS REPORT

TO THE -WlFRS Of SENllONXJSTRESlMTpoundO

WI _uMild 80 SrIeeI d Serbllrlllustles InIIlM1Il3111 rlIrdI2l)10 r PrIllll l loI5Aalull lorlit liM IlIlIlil c--edarcI Cash Foo 51 161 lorh petllXI endIol on IltI dIltTt-ir8alI lolSnllel_d~118JI0u~ ~eonss Ol)irIoingn-kvOiI lolS-IonOlladl we _ ~OIIaltIIlIU AucInlSlirdanllge bull Ej hiiL n-StIi(laods Won ihel we plala petbm Ile kI ~~_illouI hlCiaI Ieare free d eA1IadolnUles_ bullbulliG-ona_tlaSII~Q~Ie_itld~

1hI1iN1rrili111 olSMallClUlecncUlls gOeaexDrCHhiCl(lllSllSIditldliUbullbullbulleoa I made by lIliiI8l8ieI III~ r0YIIlIli lrinIII $ e=-we belevelltlWlaDIptllOOde$l -onable lIISi5lorWI opirIion Wereportlhal 1 All ~ by he ~ I Report) QrIler 2003-ed by CefVII ~ SecIol

221(4A)oI the ~Ad 19$1fld bullbull1lIed YCJ~ we endosoe IIheAllnellft1 I 6donhe

ta

--

focltl iOjA4an1 5of1tlltI ~ 0rilPlt 2 Forttgtelt 10 oltsltOIIIITgtI1l intheAAnexUl1l refemld 0 inparagrapI1 1ilbove we ~ lhal

(sl We hIM obl3Ined ltII b i nj elQla OIlidl kllhe beol 0I llU IltIooIIeIlge and rae were oecessaoylolhegtUpo5eofcur~

(h)InQJr~OO prQ)(IbookJ ofoxountasreqUred bylaw hMebeen llteptblIe ~solaras~ rQm onllamplTlalioo dhose books

(c) The 8alance Sheetnj Proftamp loss Aoourlt 00aIl iMIl byh$ Report are inag SEll IiCIIwil1 the books ofilCCOUnt (d) InClI opioioo ee Balance Sheet ProIil amp lois Acoount amCash Pow ~ Odh IIfAacultng Slaodiods

rlIotfed inSectioI21l(3C)oI1h11 Coo IlpanAct 19$ ill solaraskSlardarlls Up1l llhle to he~

(ej 01111e DaIS0I11l11811 ~oIIltnl recellltllrcentm lho ~as oltl 31ltlllorch 1010 -IlakM onrecoltd by he Boanl of DirtctltlrS W8 rcoon ltIalnone rJ the DillJdors aAI ~ ason 31S datd12010 frJm beng appl)i1ltK1as DndI-ltOnlhe---g0l~27 4 (l)j)oIlIe ~Ad 195E

(~ In opioioo MIl III Ihe best QUI informata1 andaaorIlng to the ~lions lJnto us lheS3IC financial_r-d no_WIth It Silt1Nfgtanllatu1tingPciOe5inl subjello ~oI 11~~01 BoniS GralIiIy LltMI EroaslYrent lIrId~ reeeeee COl Sltsu-Ily )epoKCtfw3I UacicaI $lcrliSheltmlIIl101 wIidltaanotbeendee1millad Notbull bull regardlllgroorgt-chalt gingoiRelteSlCOllnter~ 8oowllIfroma~~ ~S on Pamptj~on Sorory~ampuy Aibs lIrIdlC8iSand~

~ oW lreganlilg~or_dwithMibull F Kbivt UltI tho_lO Notll egarding ~ oIAotoonIllgStandard 1$~6enefds nllle AIallWs

1gt1 bnirg pall 01 SdeduIe 22 flIllCI ~ -Mlh oiliernolM lheren giesfie rIorTnation ill ite mannerso -ec by 1he~Acl 1956andgivealreandlatr Iij Inhecase ofee Baiance ~OlllleSlaleoti1l1aQCorr4gtonY31 Motttt -00 (il 1iI he caeoflte ProilampLossAIC0Iltgte105$ for IIfyell elidedOIlltlat dale and fli) I Ihe case oftheCashAow Statement0thecash lowsoIthe ~ tJrlha lIaI eMed on lla1 dam

For RAJESH CHATURVEDI amp ASSOCIATES Chartared Accountants

RClgtatuMOi- Dateel 2811 May 2010 ~MobMMbullbullbullbull

ANNEXURE TOAUOIT(RS REPORT IReferrtd to iI Paragtliph I 0 _ RtjlOl

1 In respecl ofis flxedassets al The ~ te5 ~pIqlliI reortlosllllfl ful ~ ndodng qumtoIYe details anlsi=lion 01

FudAsselsonlhebasisolirlJrlnallon8Yaiible h) kgtorrIng to ee iobmaion ifld explanalions gWen tousee Fixelt Asm IaVe beer physIaIIy-t by the it~alreasonahle lIlIlVaIsand no_ClISCtlIaICle__ongtltdoYftrifalioon

c) II cu- opnon he ~ laS 001 cIspo$ed d subsIlniaI pall of fiMd assets dIIingIIIe yearanl thegoing ll)rOm $I31US oIllle CompenlIS flOI 8ffeced

2 In rl)Sped ol lllY8fl1lrie5 ailemiddot I IF Old II us ~ SIIri dlinlahad goods sbamp lllIamp ~ argtl raw itIiIlera6 exoejIl sIocls ththll

PIlies and IaIl5Il dal a ll phy$icIII~ verified byIIIeiNMgemeot al raasooarMe rlleltlaiS blmourLlJllllOll andaccoofug tIllhe ir1bmalictt 8Ild~~lolSlha proceVesolJttysica

II Adlts foIowed by ~ -abla argtl adequate rela01cent Ihf size d Iflt Coo1pany and lltueolils~

cl Pol eplaled Igt thediwepancjao nolieoltI onnflclloon bo_ It-PhysicaI Slrlcgts and IIle Book Records oIlfIelevef material haoll bee~deallMIlhe booksolaccoons

3 ln~oIloarr

alThe ColrQan dunng he 18 ha$ taken ~ loarts 10m Coolanies isIed n toe RegISlel fII8IlIained Ofdmllll dfleCorapeniesId 1$6 dllSal3llanliillilt w11ree

b) respeetolloans and acMnces il1he oIloonsQbVthe Ccnplyt)any~sla1Iwheltesbpulatms havebeltln made partiesistilllls havegeneraly repaid the atnOIflli as 5jplaquo j oIterlanthose written Qll ltltrIng treyea

4 In OU opiI1ioo 8lId 1 Jollie io1omr8tion ilI1d ~ 10 us eee ae1ldeqJI1e i1temal 00fllr0I prooedures~wiIIllhe sizerJlhe ~ llIdlhe_rJcentS OOsiness lorthepurdlaseolstwes shymaterials irdJIlng 0CWfIP0IIIlls plant amp Ichiy ~ and olher _ and lorthe sale of llJXlS 8lId servilte ~ is regolalt intaking rorredM -eswtlenvll( major ~ in iJlemaI COOIrtIl are 0 31111lt1

5 InCUopnioo and accllI1Jing to lhe bull ottand explanatioos gven tous110 transaellOnwas madeb- purchase 01 goodsrodma_ arid salerJgood$ mariaIs 8lId_ III purwance 01Clllilaets (I 810ge0 l8IllS entered in the er malntaioad lfW Section 301 oIlhe CompaIieStltt 1956 andagrpgalilg o1rigtg the year III Rs 500(00Of more inrespecl ofeach Pall)

6 The Comparl~ has rd~ anydepolIbfrom the pubic inIl1IJIIIU 01 SecIoos 58A 58AAor anyolherflOyenanl prtlVlSlOIS ollhesa

7_lIOUI opiMln Company has lIrllrrlemai Auditsystem 000 lei0SInIeWIIh ltIs size and thefIIbe oflSbusJIess 8 AalmIlgt) iJIcIrmaIioo and egtpl3llllbOnS gigtO kI ustheCeMaI ~t has notprescnled 1eniInce 01

costrecudsulS209(1J (d)ollhe CMIpooieampAa 1956 bany~o1 lhe~ 9 Inrosped cl S1IIu1orydues

a) Arcming 10 Ihe reoords oIlheCorr(lany at 0UIWndng dIJes In respect of Providert Flft1 Etlploees Stale InslrarceWilst BengalVAT CervrnI SalesT- 1rgtCQme Taxes rmSI rknoiplII Tn F IorPolutioo Conlrol Tradii Wcense and tire liclne eamp haVl eeee paid du 2OOS-10

bl Aoord glo tile~ follJfId egtpIarIaIiom given 10 os 00~ or~ amets payablei1respecl aIiPlCtNTllltl sales au WSIOlTl5 OOly exose dulyordues peyIIbIe 10 any olher SaluloIy and II](Local ~

were oolStnli1gasat31 $I Marth2010loraperiodd rro-e tlao silt ~ from Ihedate theyeeeerepayaIW 10 The 8CWlIIAaIed losses oIlhe Company at theend oIlhe fio1niaI )Ilar a Ine= 01 its networth I has rcuml

caslliosses duIngtie l8 iIIIdalso inthe previous JnancIlII year 11 The ~ has notOOIaultedInPilyment rJltlues toany fnIIciaI lltllliortorbankorltlebeo1IUes tdders 12 In00 0lIlDl am ~ III the ~ an explanalion grven to us 00 loans an acMnces haYe boon

pliedbytie CompanyfS1 theblIsisrJ$lllUIIybyayorpledge ofshates debenIIresan OIlIer secuilies 13 In 00 opnoo the CorJImy is nor a chl bld or a r)(IlVrnutua fundIsooely Therefore daose 4 ( ~~I rJ the

Coo-nIianies IAuliIor$ ReJxx1) Odef200J ltd as amended upto-date iampnoI ~ IllheCompMy 14 mour opinion the Canpany has notrIeaIl or traded in shares ~ detlen1urelts aod 1lVeWnen$ ThBreliJIIl

clause 4 I) olIM CD-npanos (AWibs Reportl 0r0ar 2003 an 3$ _idad upIO-dala is ootaPflkable tl the

1S The ~ lias nol980 guaranleesfor loanslaIlten byotIer$ from BanksorFinanciallnSlillJllon$ 16 The~1l1asnot~ itlynew mm loans (Urg theyear- The Termloans OUlSlandllgallhe bullmiddotgrJthe

lUwasril 17 ~tc the formation an e~given 10 usandonan overaleaminalionol theBalaa Sheelal the ~ weare 0theopinionIN no $horImm1oarl$1Ia been usOO lor long IIm1 tl esIi IIII ltIS

18 lloong the yeartheCompany lias nor madeanyprelltmntial allotment rJsIllfts tl parIIeS and companies covered in theregf$(efmain~tJ~ 301 al theCompaniesAct 1956

1gThe Company lias nossuedany detlenIlIres during heY9i 20The Company lias notlta1Sed any money byway ofpubloc rssue dnIg tie yei1II

( 21 In ouropnion Ild laquoeortIngtc the iflformalion arld xpIinItiorl gwnlO us 00fraud onorbytIaCOIl8Y has ~

nlttioIld orfIPOII8d dumg ee year thtcauses thefinoncliI satamanl$ to bemalariaiymissaled

For RAJESH CHATURVEOI ampASSOCIATES Chaltta-d AClOInlmtt

RChatu-di

PIacIl Kal Dated 28lhMa- 2010 ~libeis1 shyNo529llI

--Balance Sheet as at 31- March 2010

SOURCES Of FUNDS SHAREttOUlERSmiddot FIJNO _ -

APPlICATlON Of F1JNDS csers

IM$--OlIlgto-=-o

shy

100479000 2 92680000

musUIlI

3 1~zn245

194272245

rot )9$411245

bull 321969 061 - 1410U6ll

ClJRRpoundNT ASSETS lOANS ADVAIiCESu bull __ C81t 8lai8-a I-t

Sbull

U~356 72152(1ll71tl610

n 1-sTUw)shycww

I bull (872lillllll

u eolor taaicn

nuoo NET CUIlREHTASSETS

-(21129111)

Pfl()fJT amp lOSS ACCOUa 2711Sotl$l

rc 3910431245

NOTESTO TIE ACCOUNTS 22 Thf~~ t1ooe bm iIf1 gal part1If he Ballnlo SheeI

In _ aI(Ill IIIllOI aloMn dale 8IIlIChed

tNrdgt]t 2Mlt

1al4790lXI

bull

muSllOID

211Jamp33ll8 21 ~ lA33ll$

( 1 S02 311

321J2OS]( 1S7 7llO 6GB 163929iI66

li3 t 2U amp6

01530 72152(7

11 213 701V

11576833

ro 1161233

16IU2(

4I S02

lor RIjMII ChIturvtd amp Anoc_ For Itgtd ~d

c_ shyA~i8b -e Kolall DaIId 2811 uy 20 10

C $ Cbcudhury KaII s aoptbull Viol 0- ow- bull bullshy

SK~ Gof-IFuIc~

---

--Profitamp loss Account for the yearended 31 - March 2010

Sd 1Wdl31 2010 INCOME Sale 0TltiiiPrtOoG cow klcJuampeI~) III SkIdlt 97l198 17878

135125ot

- shy

FQor gtlis OtlerII gtlisee-J

leoSOibullbulle-- -COW-SeAng amp Pnldua De I bullbullbullbullbull --Ilems aI ltIlmllle yNr

n

ts te rebull

11)49028 120932 m ~12J51

2fioI7454 195538 6928685 6 ~7ampM2

5861 892 2929647 921633 92216

16on064 13822019 aee 158ll3ll

ltm s

PROFTT I (lOSS) PnJlil I (los$) bebw ~ (330542 4)) (25040611 ) PIoo$(o b ~ - FBT (10400)

(33054243) (25111011)

J 17~20

(238383798) (21 31530011

(271 1SUS7) =

For IOJ Of )tNI d lIlo 8tgton1

C S Choudhury K1ijal Sengup~

Vici ClamIa-l C1IiimIM amp IIiIgtIIloWll Dnltlltrr

s KMukllopacfhyay -~IFn1naJJ amp~~

NOTES TO THE ACCOUf(fS

In IemIs 01 1M reptil 0 (MIl rIaIe attadleIl lor RajKh ChaluIYIIdI amp ~t5

R ClatucIi-Dated 28th May 2010

- - - ---

- - -

bull bull

SchedulesForming Part of 8a~ Shelaquo F AUI middot MM~312009~3121110

~

SHARE CAPITAL Auhoflllld -- shy~

lllilOIX~_ltJRsltl-_ 120000100 ampaooOOO

luued Subsaiblld Paid upJlIlIOIlIl~sr-ltJ Rs tgt-- fullllI Ult_- - - -shy

104909000 104900000 I Oli HICl Eqity Shno 0 ltl- YlI_b__ - 50ltI (lOO 5091000

- -11 o000DOO 110000000

- SharCI _1 A_ 1S21ooo 1521000

01419000 106479000

2 RESEIM SURPlUS roo ~-CapcentlIwbsidy (Gcwl Ql West Bengali 1SllOOOO 500000 _ 91 13000II 91l31ooo

9268ll000 92600000

2 UNSECURED LOANS From eeeesCorpaote 194272245 21 7343388

194272245 217343388

8 FIXEDASSETS tEPREClArntl _shy_~

~-~~

bullbull bullbull ~ bullbull bullbull bullbull= - l Ol20 ~ D1 [)I1IXamp _

111lllll1O 11Ollllili ~ -~ -

~ 1$1 -- ~ ~-

2lt W - rWlro til1 TampI s

_~

I~ _ ~ ZSO~13relt 21U8325DlgUO gt5~O IG lJ231ae 390428)1 lIJ I3 m~l08

920 -~ ]100) _113 Zl(lllll~-

ll~ SI2 T3 1J2 M~ -- - m ~ 511~

_ I RIiloo _133lt0 romiddot ~ 611811ll 1138lt20- I 11 oIol ~M- - _m

IIIlt shy-- l1t12I571 2400II l1t 1 51~ - ~ crbullbull 163mllRi m ~IO3ll -l2alte2to l2TnO510 1IJg6l5111 11Il22OW IU lIOlIOlI T83 mJl(lll

-~

18

-~-----------------------------

---------

Sehtdults Forming Partof Ba-- Shell

see INVENTORIES As -en-ee lyNuCl

shy--shy~r omooos _bull Clro- Sa eo CcocI Orooer Sa C llcUIIW

lMs PIIl_kw~c

CASK 8AHK BampLampCES c1It-_amp__ bull

cr~Sd

ocat b a- ( (00 _ 0-_1

LOMS ADVANCESbull shy~

1vJ ~_etl 0

II_Clfb_tlt_ AMrakwf = _b - FB7 (fY2IlllI-lI9l _ FS T -Y2llraquo- tI e-PLl

1Iwll ow F- ~ lane F- PClI _ Tax AI ~ InpIlIVlTIW bull

s CURRENT LIA8lLIT1ES PIlOVSlONS ACURRENT w8IUTIES0- _

bull SSJ lnt

-- shy- SeoIII) 0tpaM Reo 4 o8Cl

rMra F o-n- ~ IPl sad PaIl ~

bull~ FOR TAXAT10H FmlIlIInIM Tax

ts

IIIwcb 31 2m0 -

6111$ $ 681 fjl

U 1U5S 1991 53

119904163 ~n9~16

1l1527

2 ~ -

UOgt -

17 bull lgtS ~11

om SlD5 211503 ~ ~ ~

-

8718610

lt10901 S790 151 -wm

310(0) uo48ns_

( J MardI31 2Illll

shy21i21l6ll j$~1

~lSI

1( I1SOOJl2Z

11713 ~ 1795 11

12lsWshy

lW111

_137f

6913201i

2JOgt rea

1Ui

l12n1M

63522501

3100XI

11576)33

ro 70bull00

- -

--

- -

- - - -

SltheClIles f ormingPart d Profit amp LO$S Aceounl

10 SALES

-~- -- 11 OTHERItCQME11-[ melt

12 flaquolN OPERATING INCOItE LatIy lnt1en Ilad

13 RAW MATERIALS ~ Slcd01 Raw ~ Add PudiBse Duling he year

less ~ Stock IIntten 01

__ less ClJsrlg SOdl

15 UTIUTIS - POorCf amp fue l

FltnI8OOOiI shy_=00=4 of ~ 16 PEIlSCNtlEl EXPENSES

Salary Wa1eSEltgtlus ampExQlIJl wgtltl~

Co ConlrbJliorllll P ilIId E S I F fICmIrOW_~poundlC

Stl ffTffin~

LtWm 8 liwiIs

17 Olli ER EXPlNSES AlOIo FlernJnn1lO1 B3ltkCh Books amp Pto odicaigt ConsJlanc S service CtIatgts eooooo Diltectgtf Sitmg Fee Oonaion amp SltIbwEnt9llJirlrroerj bpelMl$

-- V endIltI ~ 1 200IIM~ J1 2010 h

- 2(6557 l4t64

lJl17li 457449 172899 _ - ciJ8S

420amp82

420amp82

~62U68 1441323 96691 l294m

2111359 21421 00 162n

2050~ 2742100 501554 2621168

_1~9 ~ 120132

194905 sbee 407285 ~

Zn1 1~ 412351

2320 ~J 751578 24367 17lt581

15379 ~

264745C 1guraquolIshy

OI0tTO S4lll292 370512 35096

17412 19J11 ~ 911 138 574902

6928ampamp5 - amp471gt12

1890~ -zsesm a 18793 4308amp5 29864 207818 152574

~40000 ~ ~

55189 ~

-_---------------------

--$lttdules Fonning Pillof Profit amp losl kwunl -

FIQlIy Fcnrc ~ RligisIi 01- shy shyPlIge amp_Ii Prning amp S -_ Wi _ t XD - shy

VIhdI a -

UidbullbullJ- 5aLJrtG amp PRODUCT DEVaOPllOO

Elwo_ 11_ C

e shy- shy CgtWltGES CIlCllfl CrdNc

middot~(IITOS bull CIlE$lDl-

shybullllII

ITE-s MllTTal on DURING THE tElR ~OIlIIe _ncIl11ngi1r___

21 AOAJSTlIENT llfLlnfG TO PREVIOUS lElRS ~~ToPt

---

IIIrdI 11 2lttO

293~ aeses 2013

3 67 37 37193

31 lOl

~

_~l-m

V

scs 2671

~

-- IampIrcII 31 20Ili

shy321581 271850

92 312102115875

~ 500 ease ~ mno10 ~ 3lrn

OW

eo ~

m me

nM

21

n IIOTU 0 ACCOtIITS Slttw- tlmnI prI die ilalfte srt1Il Istllllrchola nl PIlIIII amp 1JIIs-aul trn _ -1IlliIlI31YIrct2C 11

t Sifi_Ac bull shyt _1 8o$lS CFACCtIUN7JrIG Tht~ e p wl-MI_UlcstOll__l Ol atCIAIba5lSd~

C_ lIOltUSgqIUI)lfICl- i1b1el1l~ c__11IO

oonplyOllfltlt~~ ~ eolAaNIfSWdilnl) ~ 2lD6 puSUiRlc5ecbI211 (3C)1te eooesAcL 19561 lto6lmiI) Gle~ ~ ll _ (_ CAAPI ~andft~ pvmIOOS DIN r~-1956 Tht~ pJlIQeIl iQCQIlSISIonampyamplplledbyN~

12 USE Oa STIliAn The_n_of~~~OIIhGAN~~ lDmakelSllnllllC ~ fllIlllKttlt r8pI)1ed-td _aod- ltIIodocltre 01 ~ngenlliltlillIes

bullbullbull_dbgt ~ tol -l had pjoesrilrng IIMI ~ penxl ~~ 1IIilinaIIls b8sed l(lOII iitSmiddot be kloItIatunwl ~CIlUOJ

3 RXal USETS fI F_-iIl~ oxa oleUeoabIfII1oa 1C05IIICUlli5 IIIGUei llclir-wh tJitS-mcubullbull__

Ib)Tho~_rJbed _d__QnMj [ ~

laquob)i u lEPRfQA1JC

00 bull d -1_cnoodIl CIIIIriiIgb me ~ lillle-~ Slt1leOjo JNrJ ~AaI956 bullbullbull_

~ e-LCIII_~~ding 1efW _iii dlldl e-ertSaly~oo__ bull bull Ii middotded~r~4~_d_

15 MPARlllEtITF ~taehilllalCli SIlIlIll_iDl __ Ii CIIe__~

rldicIIt rt ifllleao_ ~ 01 bad _ lt1Plomgtooed N pa_ lCJsI le1 _toe lltT)lIlll_fII oIl1e ~ lib11 tJIJIIJ Cash GEsIili lN (CGU~Of ollelexceeds_1JIfiUt Tho__ Ii hi QIMkI d1lgte_net ~1IOIiI$_In~vaIle ~ hees~matad lltlft cosl lbw mUle use ollne aiiSs diIcounled 0 Ilelr Pfesenl_ 011 WIlltl_ M ompAtTIIMlllCJsl is~ j tt- _ --linllertlCOYlfalll onanlrld sunlrlss_OOIorgor_OfModicgtaw ~ Ioa l JlMnIIlterMa ~ tI N carrp1J -01- _ Mlil1 case d CGU

7 I Jok CIII~~

11 MfIlTORIES (___~ t_ ~ -cIII~d

~roolSldlel I ~-_aI _1ot-IIIDdQn5

~___~COIlf~plOdocII_oelDI n DbeJddampl7ampblgtIealll ColIiMlill- shy(bl- __- __~hsIoecgDCII2I --=lIl_dalilnnll

II ColI d a- ltIiel IItnIr _ pencil 01 _

~CllljO _

11 ~ a OGCOSTS amp0 g_hl~tI t Of~olhec __ iIo-t ~aolglgtltdgt_ _oWIOcoAI_dWgoltltJ~_

22

18 REVENUE RECOGNITlON ~ tom the$3Ie ~ goods(rouong TrllIi prodJctloo1 Ilottlesl IS ~ t4XJI passage 01 titleIe the cuslomen wtgtidl ~ _ Iheir ltIeliver) ~~ -y cui 01 gtltu ltifIe cIiimr 8lc altcOunlted rasand hey ~ fnaIydetlt1rmonod

19 PROVISIONSCOtITINGEl UABlUTIESAHDCOIffiNGENT ASSETS lalA pllOISIOn IS reoogrrised when theCUI1pal) tlas bull n-Jl otIIIgaoon as ~ 01 __ -l ~ ~ an CkIlkgtw 01 resource Of t ~ 10 $OllIe the ottgatiltJn in respect 01 wIldI ~ ~ _ be_ ProyenIIions are not diiowlId l)~ ~ ond a ~ -d (WI be5l OSlimate ~tl_ the abIigaIJooat he -e__ These _ atNd baJIIoce sIleel

d e -l~lO fllIoa lhe~~l~te

(h) Cootingenl labfllies ~ byY offICIIe5 IC (0) ConlingenlAwlz~ Y_egtlaquoepl lor lho purposed _ellol-

110 lEASE Sne 1(1_ has beenlICqIOrOO to-PCl ~~ l)pe 01wiI be deIenTwgted WI

~ 111 ACCOUNTlNGFORTAXESONINCOME

In-01 lilt lossb tie year ltJ1der revi Taxeson CuretC anIDeleltted Income have notansen

112 SEGMENTmiddotWlSE REPORTING The~eXltiJsiwe~ 1$ maruaeturinJ yenIll lI 0I V Fblsnl such in theopinocgtl Qfie Ibr1agemenl ttIil is lhlI (IIy lepo ~~ ampe9fIIlOl per AcclInng SllnIiard 17 on SegnetC Repor1lnt =oed by n - 01 Owtered AaxgtuntlolS or lnclol There 15 no ~ GeograpIwal segmenleithelt

111 EMPLOYEE BENEFITS (I) llelnod COOIlIbtlJon 10 prQIIidertfind ard empIo _ 0SlGII00 arediared Ie~ amp loss 1lCttUll 01 fill _ GleQlIIIrtbulions lOthe~ bIClS n 0JIlThere ate roo 0IheI 00lig81i0nI Ie Ihe eo IJIt I oe-er lIaI1 clJGb6Dn payable to therespecIMI-uy illIIIltntJes (b)Mninul1 _ or bonusasrgtcgotiated fmm n 10_ os lIo1W oCCOIJlted arc pood ClIIIl basis 0$1 -dQlllSlSlfrqt (0) No _ llInIIfit5lCthe~

Id) A molteltolco_ y_llerooIIin lhebmaigraUlyisllilllltraquo_ ed oncashbBSltl

1 _1~ POLICY ON EARNING PER SIWlf (alBMcNrnig persharelliltAlQ ~b)~lhetgtet~OIlossallet end rtude POSlIPeeclolany ~ ilem lor the peroltl IlItWtIlo Il~~ by lheweoghled ~_deqlJty shlIe wtsIMding dtgting ~ pergt)I1 ThegNed _ 01 equity share$ 0JISll0 tUroll tle PriOd In-fore_ fgtCiUdirIg a txnIs iDoJ tIatUI eleltnenI 3 right issue spill d __ or reverse tPl (1elXlISOIidaIiDn or_os) lito made dunng lteV-- (bl Forlto purpose or llIkulatJIJ ltlIuIod rmroJ per shire Ile Il8I prolil d ltJfl penod_ eqJfy 51eIclldelt n tie ~UltJef ofesQJDldo ltkngtg1MperiodInedforleellecls d II dilutive poIenIIIl d laquoJI- shy

115 PROVl$ION FOR TAXATIOti 13) Tax pense for1M)83 ~CUfeot ill ampdefMed isi1cloled Ie fIIt pltolit (lossl fortrleyeor (b)A~ IImadefortheCUTefIllagtbMlOlillIiltlOity(ltJmpU1ed 01 aoordancIe _ RlevariIlagt raIeSand ill A Pfl5lCl IS made fol cleIemclllDl for1rr9 ltttrerenltel rIsing and liCOJUOlg _ alarreotty Ofsubsl8I1Mjyenaded (e) ~ Igt-Is are ognised 0fIi) ~ _ is certainly 1l1111lhey wiI be INiZe6I1ld 1IOewedfollle~mm sheeld8led1letrIlspectivecarryolg_lIl11dlballiltllte

116 FOREIGNCURRENCYTllANSACTlON ~ applicableFltnql orn=nq lrrIsaGtiolls are accounleltl for at f1e elltolrlge rale prevaiing at the blttnsaction dilte Yearand mnetary assets and liahiitiesItIIoreignournrq are Ir3n$Iated allIle appHcaOie year end e chaoge ~andlIle ~ dilIeo elt ICe is eoognrsed $gaOl oo lorhe ytII

2 In tleopihJndlgtt~ Iho maM3llIe_ dlllaS$8l$[ eilherheentire~amp~ ling Ie 1rftVerwus Fbl ~~ tle0fIi) CGU cI ~ or Ile _ I tlNll l1Ier fIan tIo$e Ii respeclMCltlII)iniimlUllalLId1 assets no ~_IIason trgte Balance Sleel ltllte

lal Bank ~ fa 01 W8$l Be1l1 s_ ElltctncgtIy DioIiboIiltM ~ lid m

(h~ Claim agaiosIheComooy 0l0l ~ 3171849

(c)Oarn01 cerw ExCse CIuty InIer ApplrIl kI Trtlur8I no818

4 Asrc IleIeSlllls beenchargedOf1Ioler-Corpoltole~ he_lias flO beeoleswnatednj ~ n shys Partl OOIlfJrnlaliolt in respect 01 outslar1di~ balances JIr SuIlay DetbI Sltnlry Cltedl1DlS Lwns M~bo-on - inlrl OIIII$Idenolio1lh__

6 The Contrtd _ MI$ e- 81goroeemg 1M COo~adtA IISPObIe for Renovatlon wonlt at Fadlr was teminated dlIlI to pocI and sub-llarolard~ 01 wo1lt and maleliaIs At prtSeI1I hmalilt isurderfillg3lion

7 On iilllleial- ~lSioId CllIlridol~ djotlbyWs FreseruKab Pvt ttd (Fresenlus)1Iith eII8cI JrorIl ztSl Augull 2OOl5 fie -1t 01 ~ _ F-_ 1OImOa5e in cowetSion lthave Godown Iml Vat IDS tlfuMnl $aIIp by hit ~and~ of F-- has enuo oed UI~ cliIIe an no 8lUSImIIthas bftnmMI inherftIIIIld aaolIlIS thnfor

8 NJmaRECEVEOGAlNSTSALEOFPlANT ampMACH ~ E RY

At ~ tgty me Cornjgtony sctI--(dIi 000lt1 ~ -- amp FducalIon l id ~ JtImne _ oIRs 315 CtCQ edt ClIt ol Rs 612cnnsdUlWlg2009-10 iOJIinSl- 0111 Fluids 1Tl8I1~

maIonenes for wllCtlappmpriae resoIutioM -e passed tlf the- Companfs sharehllderson171tl ~ 201 0 Thoi Wesaid -m was ustd by he ~ IIMartlI ~~ 01 unseated kHI J-d from -conponieo

9 MIslment relathg to pr1lIioo ~ ear amounting to Rs 2157641middot ~ net 01 ~~ br Bank Gunnlee released by Bs1 ~ 10 R 7740121- party dsll bypro perod Alary Ib 37097shyrlIenlSl a-o dN)ood ~etarges etlt Rs 371 151middot01 N $arne year

10 MICROSWIILU tpoundDlllM ENTERPRIsES The COnpano hasflOl recewed Ifl IT 0 bull as IIqIJinld 10befledWIfIlhilllOllied ltlJlt(nIy UIMler 1le cro SrtalI JtId MecWn EnIefprioes ~M 200li c1a1Tlll19 tler S131S as00 31st March 2010 (and also 31st March 2(ll)9) rrntroSlIaIlard medlrnenlerprises~he_1Slicl payabIf klhlse dUIWIg_ l_~__l iS nl

11 The ~ III yet to fto -V adopI~ Standard 1S EmploY Benefits (lWes 20(5) issIed by ee 1nstilIJIl 01 ChaIltred AccoulItaols 0I1ndia ant deliilIed discIJslns reIaWli to Oefned Btnelil PIons couId FlO be fnidellollcrnonlS andRe9ortshy

12 RElAI ED PARTY DISClOS~RfS

DiscIoluesasreQUredJIaxulIilg Sagtd8Ill18aregoenbelow

LdofRm~~s

SenboEngneeMg Limited se KrojaI SenguptaErrOclln 81gi_oog Pvt lid -- shy8eeni I-IoIoifgs PIlI tid SnC S ChedMY

Dr Sll8IllaI 0lalCI1D0I1ySenboEnm ampPvt Lid SoFTarIp Kumr OVIkraOO1y Or Asilth Kumar Sengupta

-Trrnsactions with Related Parties duting 2009-201 0

Nature o u pses KeyManagementComj)lnics Personnel amp IWlati-u

(- lRs)

Expenses Ditedors Remuneralion Cullllllt ear ~ Nil

~ Nil

Dirnctorn SLtJIlg F Current lar- shy 40000 Previous at 2a COl Inoome

Electricity amp Diesel 71373

54358

Outstanding Balances onJ~ March 21)10

Unsecured teen CIIroIIt Year 1S4m245 Previous rilar 217343388

13 EAR~ I N GPER SHARE

Cumml Yn (Rs) Previous Year (Rs)

Net Profit I (Loss) after current and ~ tax Weghled Average

(33054243) 251 11011 1

Numtgter of Equity Shares 01 Ri 10eadlason 31()3-101 0 10647900 1O647OCXl

EamOngsPer Shale(BasicandDiluted) 14 FigUIeS to thepreltioos year tevebeen re-arranged and fe-9ouped ~ necessary

is Informatioo PlJfSllaI1l loNotllication UIIllerScheduleViofthe~rns Act1956 IAscertifiedbythelllartagement)

CIfIlInt Year

Oy INoofSoltMI 151 Annual Capacty _ PrOOLlClion

15 11 Used Capacrty 1aOOClOOO ~

1512 I rgt$~ Copltgtdty 18000000 ~

1513 TrialPrndLJClS of Irl1tlwenous FlJid _ MacIliroI upgradatlDr1

r p~~~ 157634 1178355

Saio oITrial FroducIs ol-shy 24244 206557

153 I -V FUds BottIos 191 18664

154 -shy IV FOIds Bottlogt 135309 990461

Pn0IS Year

INo_ oHloltles) IRs)

16000000 ~

18000000 ~

17878

~

1919 186amp4

-- --

CUrrtfltYtar shy- - (Moe-) -1 55 -- M5gt I PIWj G M M M M M M532 0_ lt0shy_~

GolI-ampO -- c_C_ -shy

1511 1572 sa-ls-o

-- -- -- -

- U - -- _ar shy_Cshy- - oW bull

~amp2 ---- M

bull bull bull_- -_ M

u uUm-- S bull bull

IS 5 12

0shy - a

1t11Pt a a-M

~

M- M

-

PCIY_- M M

M

1111 M

~~ 11

-

c

l

-

Informationpursuam to PartlYofSchemJItVIof the CompanilsAct 1956

B 1IceSl-fAbaraer_~~8U$-_

REGlSTRATlON DETAILS

~i No CJrI L 22 fTfTi( B I 9J r pT L o amp3Z 7a

llaIIAe Srleel DtIo l 3LlBpIl l amp11 oJ tl CAIIfAL RAISED DLRJ~G THE IEAIl (Arrioln Ra 000)

Pul iIlh I~ ~ Ilo1IIsaoi lonuI1saoe [l~N J t l PO$nOfII OF MllfIl 74TD1 AICl 0euroJlCmlEWT Of FUtClS AIoIIut Ik lDlI ___I bull~ f 5_1 kIII-- bull - -~ si shy

t1L ~ G 2aDi-l - shy- CIl frIJill ill-l412l1lJ ~oIFomds

lei Fuel A- [lj 41T[)l ojsJ ITDillJil Net ClmlIlt Assel5 [-r2T i~ 1_3ill j271T[SS]

N PERFORaLlHCE Of COlIIPAHY (Amwllll RsOOJ)

Tlnll1OII ITI2 -i L i lJIZ3 LL31middot~ r3Jl~~_

tJ3T( 1 57 a-LJ(Itl

GEHEltIC HAIlES OF 1fREf IRIHCIPll PROOUCTS

1 t _-FUds QV FUlls) CodIo No

2

3 NIL

ScheclJM 110 22 in siJed y Ihlllolowlg

~ RAJESH CMTUIlElllamp SSOOTES ~ I

bull 0-- di oIlW

SK_ DollId 2lIII1oIat_21110 -- ~IIIfl9r~ampe-~

CEOiCFO Certification

we 11- odbilljji led CU 8ijIlICbltt epacilieliISownn ampIotirIagrIg Dnaor (CEO) IFd Vice o-w (CfO) d soo~ lgtmed(ltgtoCornfrylOlMboltld ardbeIilIl oerIvtrlol-II) we live ~ ee lIIbltgtoamplinInciaI ~ noad wiIIlhe Cash FkM StaIIInWot d Senbo lnOlgtIneS Litnited

1orr-~3middotmiddotIlIntI2Cl0InlSllleNIl t81dart4 l _bIliIf (I Ibullbull de ngl ~ _ilIII Ibullbull or_ ~ lacI or_

lIOilSN1IblI tng _ ~1 __ 111_ I _-~-n_

~ iTa __

(tI) we _ lilbIsIdar if IId bIloII1lIIIlr1nIdOtlStrlIlllIICI tIle~ dUIrog

~_II1e~~arltAl bullbull ~lhe~eoaedCOtQcl

w lIodaN II illla~ d ed aJ onan 1Id C6 - Ked OQi lheCOdeolCcnltudilS~lPylN~_

(e) we UNr1ClllPC abIil beslilllIslqlnl l ODIlIroIIar 18Mll We heltdl ess d oornt sysIImS 01 CalgtanJ IIlilfnonl8 1ejO-- ~ tl tie 8IOIorI rdtlI AIdI COl_ I1olfio I(ies inle desIJl or oplIlllOi01such Itlma eortroII ~ any olwtJdwe arep3fllard stejlS takenorp-oposed 10 blIlallten b rlifov1g slICh oolioencie$

(d we_ tedanw_1MItlaIian tllha adnnllheALoltCo bull

(I Slfiji~~I onIefTaI~_~~ltUIlglher-

jiI Sy d8lJlI f ~-dellaWlg n lNllhe _ ~ lilNIrwlQiIl _

1 _Q$gl_f3UIl ~_=1- I Y gl bullbullbulleor ~I KlIenlhe~-~~-

M$Oillilllshy

c S Choudhuryvo-shy

~Iaqtion

~~tlIIulewr~Eta pnooad -09 (l l1ll(iildl-O_ 1le sma EAlw Ile eacle wbullbull SorirIr 1Mie Fwi lIIIIIlIoM oed eooue Code aJCcrWcl b III yelI endId 31$llllaodl

ForSoriIo hUres ~

shya- 1 bull V Dncb

28

-

-- - --

--

CA91FLOW $TJ1UlENT FOR THE YfJ~ BiDEDtiP IIAACM Z010 -- _shy1IIntltl 2f1

A calli FilM Inn e- gAdMliII5 - shyPdrllDaJrIaolt lD ~ l32ampl t 459 (251303971 ~bDocgt_ l$OnlIamp 134lZft9 ~PdlllJ bIbw IIoIIltlg ~CwlgII 16769 3S$) (1l JOl7I) (ro-~Wilrblil~ (Ottgtr tlan Cash-l CasI1 E~l 3amp521 301 (5510185) Cxh IO ~ fIvn 0parBli0ngt 221511006 116618564j Drreel T_PIId

l CnII FilM Opamng AlttiVitift 2215$il06 lU185641

II CUll Flow from Irwu~ng Acbrilies (248467) ~dr-lI8d~

nbiIg Fonogn etrq VinWI (29701199) ~farCl(lUl F~_

~ Net Call uMd ~ bullbull ~lI Adma

c e-Aoootr-f_ ~_ -edShn CCxlaI

PIgt --blsI tolt ugsReceJi_ d uo-nd u Oftrlb Slaw PrtIdoIl 01 pel ~

NatcII -cI in FNIICiol9 AcIvilieI l2107U43J NehlCi (cIao I lineal_ ~ ecuivaltnls1 8+lt1 (560~)

Oparong B-c orCallIand Cash EquiQIente 907371 eea CI~g BilInel of Cllh and Clsh Equivalanb W 907311

For ftOll_ dlho amp11

CS ClMufhury kIP ~ ob ow- cr amp~lrnIaIY

SIl II I I at Gewaf ~ amp~SfcreWy

bull AUDITORS CERT1ACATE

fila- roe _ QIIfl b e d sa8) MlUSTllIS LUTEDfarhe IlClt ended 31 wm 2010The 81_ beerl__ llr fl CcnopInJ awulIe row =eliIca 32li1il1lillAQl _ SIocIo ~_ _ _ __toBIIliIlaSIIIIMoI cnce CIIIfU-lrW1lIPJflb tliOld~

For gtASH CHATlfltD bull bull ssaxaTES ~laquogtIl ws

DeIeol- 28tl ~ 2010 PrtllU Ho~

29

~---------------~

BOOK POST

Senbo Industries Limited

Registered Office 87 l6fW1 Sarari KoIoaa 700013

Phone a33)2217 891516 Fax 033 2265 9485

Email senboindgmailcom Wilbsile wwwsenboindustriescom

Works KarbBla Sonarpur Station Road

KoIkata 700 103 Phone 033 2434 7339

Fax 033 2434 7341

Page 12: Sixteenth Annual Report 2009-10 - Bombay Stock ExchangeU8il. C8ncer R!sean::I'l lklil5 1il:l!l>tl1l 1lC. In8lldIlIor. lhe I!oItd_

I

IIEAIIS Of ~l1OIII

cu _SDt~~~ l~_-ly~reds_

been ~ _ a - toO _ 01 ~lt)w hall ollie ~ ll AampdIelI ~hriI~rdJliShIdhlllI(3)mcnh rJecIo6eoltgteilnaroll)U ~-AIaenomalyputlllshld cnr ~ EnjlIII rei_ 6ongiI6 New i Vlz F ~ I B _ SlIrdiIrII (Englmllrld KaIInIir i PraIicIol I ~ I 0IherSUIIIblI ~ The ~ iss- IIIW5 ~ on 9 ~ COPOsle ~aoo aetiLties Scd1 forrmtion ~acl also beendislUycd from lime ll lime In theColrQao(s Wabllt fWNW~com but such~lioollasbeen madelolsJtulklnal inveslDrsorlolhelnliysts

RlSl MAHAGpoundIlENT

Tha Board oIlllretlors II Is meeti1l hekI 0Il 2nd lUi 200111as loIid- IIlII Rs MiowgGi(yni~

~bpti~IbIlhBoW~IIensllt ertnlbullbull iallllfOC1ns ~riIli bullbullaE_ ~pliC1t Ths~ bull ogli5llt~-nd lIuIrlls d carco-nj middot7 yog

~o- hebogoo _Ile~-b 80 bsl

Tl-onUltIlSb0 0iIfJI~ d-ndp 1-1i _ shy~ Roopcotioog ltiIl

TloeeIilCtllll_ -at-ly~anlllO

oDE Of CONllJCT

nw OooollotIal ~PlIlIdon2lld_2W1 ~CodildCoQclbtoe d~ _ tie lltll 01 Dnlttto-4or E oeo oeo s01SeniorllaoCoftgtlI~ -= _ WI oIoIos

1 To 1d1he 1--d and iOlcirrobOgMms 10 tgtlI~IdIlclneSt)o ~ aIalIy and ~QlI(kJllIllnlsetoes tl 1 lXIUItIlW1 and~ ITllFfIT IIld noI1IM fnptper Idvantltge oflhl~0I1he Dncba 5IlfIIlr~

2 To~wiIh p4ic __noIeoond-middot

3 To Id gcoIlIilh ~ u cn 00~~ and ltifYo wrthtot IiIcJwoJlg lteir deldoi~ jlOjlobullbulltll)lllblldio

C 101d IoerNncealdh~oflhe~

5 To ~ -sr hi - Goglny lIIIIIn _011_III I o-eIat he adl cu iorlle _~ wtcIlleltiQlOid lliJealo -or~hrilSUlI_

5 To lllId III cu- oflb I1ll lelllln of~ toe cone d 5_O-Sw=Ilae-DIIlde--telldloonbIOOpMrS ~_alIIlatIzedor~lOdo1doIJIlldlob --ilrn-og1lle~~-b-__

a AooOO 1SIjjIny1bilt~I-clCIP8JIYOoodros b~gIrIltin_fIIl

LitUIllllillIIbhlCJmpilnys

7

--

9 Nglo_wilIOl 8ClP8dauwd_ DnanIor_IftOIIII_grb~d ~iI wnidIr-ohctar-dncl1lllrlllt

I ItIiP ~ar~~d-1-dIllldwN bullbull txIushyAONbWho-w_ wu_tIlcUd _lldIca__ a-d ed__Ile_ttl_gr $ dariliMl d~arbullbullbullbull 1 pgIicf nlIll1-W-llr IllBowll_ tnne-cl _lgradllCbl o-sw hey-IUd__CD1Ir_oode 1gt10-- u Ccde_Seniarpaw I

GEHERAlSHAREHOlDERIOFORIIATlON A-r~ ~ OngrlRn _Soii _2011 ald 1

C ~ S bIlts ~~SliIonRcamp1 KtMI- 1llIll03

The Carnpaytskm l SAp1l lo31S Ylrdl ~far lrllloMlJIifWSb2111(ll Illd dod ~1ar4tl~erdtlg311lldaJdl2011llIwlildeoedasPlrClluu~1 dLiIlnIlAyw=t _ SUiExctooiglS 0alBooot lIltIsIn ThI dMIs d book drI5uI1I llOll4d be tolIXI d (1) dIys Nt- ltII nell ArnoI ~~

DMOond P- DItt In- dille contnoous loss flcurIed bythe CotrcIony no ~ Ilai been ecollwendd for theyMt 2Q(l9-10 ~ onSlodl ExchMgt~

SIQs d Company nlisllld wdh h Skidlt EcIIyenoges d KoIIIIIIlld MumbIo

Stoclo Codo

) Sbt CaIo d SIot Egtdlengebull tVtlIi

bj S1oc1 CadId SIot ~ Kobto C) oma I$IN

rI hStloj COSlIar Equitybres d ~ 1llpoundl12C(l11l18-- _fIl-golnlg _ O illlxraquo z zrd-tll

q bull w ShM TAgiMt _ _LId D511 llIgn 7lBRll8 Roio1 ~-700001

sw T S-TIIz srehAIIIt-__-~bnl_ poo _Oil ~1 Illd _ lDIl d 15ltiIys b doled IlIOIlIIl ~ bon__bull II fIIIl2stI bull _dSEBl IlJdlIIS CO J lzcIIJd9-T~ l--1lI_ 1IiZIIlnrWbull apICXIlIIIr_tl owh $ dlampijsd lOd 9__01_ ~opISbdemIl~ iD tl

llimil ill DtoixgtsIb Pa (llP) opIiol 01 ~ ThI Dol Pa jjlii z~tliMlIOlIlIair _tlCciroIPWl liang_oil -lopleXl OnleCllPldllW_ ~ dIbullbullwtleilalilwe In_eedDesrDlgdoiIIle IX~despItjes__

--

--

Diol oI Sb Smiddotmiddot~raquol

bull 01 ToaoI SlIiiel C ~ltI 5110 lOll

a 101le 500 501 101000

UlOllO sooo 5001 10 10010 100011020000

a 200011050000

bull llUl01 101 OJ000

bull5

~ 00 00 1IIl r

ss 0 6211

a 00 n oro

O~ 01

bull Q

un

as OIl 11 ~ 2ln

T fo or ToaoI sushysea 0)1

OJgt 1022190

91 an

611655 ~ 169999

~

~

Z~

Z~

~zsoo

1101 SIIoIII S 1gt- of 1M~

_shyshyr-Pluo ~_shy-

shy

Foreq1~r

~IioIHI_s

61~100

lIZl00

sss

- 5

315S2 3394849

210299

-500

41101shy

az

bullbull t s o

100bull One bull jz 01~

ThI_~III~_OOOOP_ (1__29lgt~2O(I-t do ~1ICi9_e NStlOllI51l 2001 n aJSl illI -ltIIrIay 2m1 Tl3sl WitId 201O1le~ll driAzlo~b4 3801Ifot ltlCl8fool

-OUTSTampNDlNG GDR I ADR WARRANTS OR ANY CONVERnlllE INSTRUMENTS CONVERSlOtl DATE-ND lICELY IlPACTON EOlKTY

n~ -1lllI_ 1 GORIADR IWi15 1~ nswmentsanl hence lhn IS eo ~on re E~~aIhI~UIrgtltD oIIbcMOlStlmItlI$

- COCA SertIOhlushstmled KyenbIIL SovlUSIilIol Fad PO ~~ 100 103

ADDRESS FOR COAAESPOMOEMCE Forllnleo del 01 crollorqry -olllhn nlniIIIInrlll8lad laIied 5enbo~lhiItd 87UnIl s-~ 700 013 fue 03322178915 896 F 033m5911l5 22178917 E-IIl bw Jlu LillDIlIII - _~

AUDITORS REPORT ON CORPORATE GOVERNANCE TcltSha- It CIISenbo uIId 1 Wer-_ C UGh af ~aelfsnInlUroe$~b

Inlng 31S1wtf12010 flaeltf9a1hblnagodh~sxt Eoct 2 The_u dw rJw 1lMl 15 hesogtsblll dh_yenel CJI6 I

_Iiro-I tl~1II u ~b)h~bIIISlJII cubullbulla COidoo air COrpnII - M aid_ a E4I d on hOII 5t_d~

3 QIopIUI roIllI flit tc aI Ioo I kl10e V- tl _ adIIyh ~_wl4W w ~G z In__ 1IIl4Jbull We 1Ia __ grbullbullbullca REgiA amp Ston i C s shy_ d hi --a_CBIlIocl_ason 31S11oi1rttl21110 lO r-greaald9 1lJIOIIl_~bl~~tneoncnll

5 We adI ultr5IlIrIJIDIastlUewdfyd~ngr or bull I ~_amplel~tle~attgte~

For RAJESH CHATURVEOt ampASSOCIATES 0- __ bullbull

Itbull Po

~~~op No52a

AUDITORS REPORT

TO THE -WlFRS Of SENllONXJSTRESlMTpoundO

WI _uMild 80 SrIeeI d Serbllrlllustles InIIlM1Il3111 rlIrdI2l)10 r PrIllll l loI5Aalull lorlit liM IlIlIlil c--edarcI Cash Foo 51 161 lorh petllXI endIol on IltI dIltTt-ir8alI lolSnllel_d~118JI0u~ ~eonss Ol)irIoingn-kvOiI lolS-IonOlladl we _ ~OIIaltIIlIU AucInlSlirdanllge bull Ej hiiL n-StIi(laods Won ihel we plala petbm Ile kI ~~_illouI hlCiaI Ieare free d eA1IadolnUles_ bullbulliG-ona_tlaSII~Q~Ie_itld~

1hI1iN1rrili111 olSMallClUlecncUlls gOeaexDrCHhiCl(lllSllSIditldliUbullbullbulleoa I made by lIliiI8l8ieI III~ r0YIIlIli lrinIII $ e=-we belevelltlWlaDIptllOOde$l -onable lIISi5lorWI opirIion Wereportlhal 1 All ~ by he ~ I Report) QrIler 2003-ed by CefVII ~ SecIol

221(4A)oI the ~Ad 19$1fld bullbull1lIed YCJ~ we endosoe IIheAllnellft1 I 6donhe

ta

--

focltl iOjA4an1 5of1tlltI ~ 0rilPlt 2 Forttgtelt 10 oltsltOIIIITgtI1l intheAAnexUl1l refemld 0 inparagrapI1 1ilbove we ~ lhal

(sl We hIM obl3Ined ltII b i nj elQla OIlidl kllhe beol 0I llU IltIooIIeIlge and rae were oecessaoylolhegtUpo5eofcur~

(h)InQJr~OO prQ)(IbookJ ofoxountasreqUred bylaw hMebeen llteptblIe ~solaras~ rQm onllamplTlalioo dhose books

(c) The 8alance Sheetnj Proftamp loss Aoourlt 00aIl iMIl byh$ Report are inag SEll IiCIIwil1 the books ofilCCOUnt (d) InClI opioioo ee Balance Sheet ProIil amp lois Acoount amCash Pow ~ Odh IIfAacultng Slaodiods

rlIotfed inSectioI21l(3C)oI1h11 Coo IlpanAct 19$ ill solaraskSlardarlls Up1l llhle to he~

(ej 01111e DaIS0I11l11811 ~oIIltnl recellltllrcentm lho ~as oltl 31ltlllorch 1010 -IlakM onrecoltd by he Boanl of DirtctltlrS W8 rcoon ltIalnone rJ the DillJdors aAI ~ ason 31S datd12010 frJm beng appl)i1ltK1as DndI-ltOnlhe---g0l~27 4 (l)j)oIlIe ~Ad 195E

(~ In opioioo MIl III Ihe best QUI informata1 andaaorIlng to the ~lions lJnto us lheS3IC financial_r-d no_WIth It Silt1Nfgtanllatu1tingPciOe5inl subjello ~oI 11~~01 BoniS GralIiIy LltMI EroaslYrent lIrId~ reeeeee COl Sltsu-Ily )epoKCtfw3I UacicaI $lcrliSheltmlIIl101 wIidltaanotbeendee1millad Notbull bull regardlllgroorgt-chalt gingoiRelteSlCOllnter~ 8oowllIfroma~~ ~S on Pamptj~on Sorory~ampuy Aibs lIrIdlC8iSand~

~ oW lreganlilg~or_dwithMibull F Kbivt UltI tho_lO Notll egarding ~ oIAotoonIllgStandard 1$~6enefds nllle AIallWs

1gt1 bnirg pall 01 SdeduIe 22 flIllCI ~ -Mlh oiliernolM lheren giesfie rIorTnation ill ite mannerso -ec by 1he~Acl 1956andgivealreandlatr Iij Inhecase ofee Baiance ~OlllleSlaleoti1l1aQCorr4gtonY31 Motttt -00 (il 1iI he caeoflte ProilampLossAIC0Iltgte105$ for IIfyell elidedOIlltlat dale and fli) I Ihe case oftheCashAow Statement0thecash lowsoIthe ~ tJrlha lIaI eMed on lla1 dam

For RAJESH CHATURVEDI amp ASSOCIATES Chartared Accountants

RClgtatuMOi- Dateel 2811 May 2010 ~MobMMbullbullbullbull

ANNEXURE TOAUOIT(RS REPORT IReferrtd to iI Paragtliph I 0 _ RtjlOl

1 In respecl ofis flxedassets al The ~ te5 ~pIqlliI reortlosllllfl ful ~ ndodng qumtoIYe details anlsi=lion 01

FudAsselsonlhebasisolirlJrlnallon8Yaiible h) kgtorrIng to ee iobmaion ifld explanalions gWen tousee Fixelt Asm IaVe beer physIaIIy-t by the it~alreasonahle lIlIlVaIsand no_ClISCtlIaICle__ongtltdoYftrifalioon

c) II cu- opnon he ~ laS 001 cIspo$ed d subsIlniaI pall of fiMd assets dIIingIIIe yearanl thegoing ll)rOm $I31US oIllle CompenlIS flOI 8ffeced

2 In rl)Sped ol lllY8fl1lrie5 ailemiddot I IF Old II us ~ SIIri dlinlahad goods sbamp lllIamp ~ argtl raw itIiIlera6 exoejIl sIocls ththll

PIlies and IaIl5Il dal a ll phy$icIII~ verified byIIIeiNMgemeot al raasooarMe rlleltlaiS blmourLlJllllOll andaccoofug tIllhe ir1bmalictt 8Ild~~lolSlha proceVesolJttysica

II Adlts foIowed by ~ -abla argtl adequate rela01cent Ihf size d Iflt Coo1pany and lltueolils~

cl Pol eplaled Igt thediwepancjao nolieoltI onnflclloon bo_ It-PhysicaI Slrlcgts and IIle Book Records oIlfIelevef material haoll bee~deallMIlhe booksolaccoons

3 ln~oIloarr

alThe ColrQan dunng he 18 ha$ taken ~ loarts 10m Coolanies isIed n toe RegISlel fII8IlIained Ofdmllll dfleCorapeniesId 1$6 dllSal3llanliillilt w11ree

b) respeetolloans and acMnces il1he oIloonsQbVthe Ccnplyt)any~sla1Iwheltesbpulatms havebeltln made partiesistilllls havegeneraly repaid the atnOIflli as 5jplaquo j oIterlanthose written Qll ltltrIng treyea

4 In OU opiI1ioo 8lId 1 Jollie io1omr8tion ilI1d ~ 10 us eee ae1ldeqJI1e i1temal 00fllr0I prooedures~wiIIllhe sizerJlhe ~ llIdlhe_rJcentS OOsiness lorthepurdlaseolstwes shymaterials irdJIlng 0CWfIP0IIIlls plant amp Ichiy ~ and olher _ and lorthe sale of llJXlS 8lId servilte ~ is regolalt intaking rorredM -eswtlenvll( major ~ in iJlemaI COOIrtIl are 0 31111lt1

5 InCUopnioo and accllI1Jing to lhe bull ottand explanatioos gven tous110 transaellOnwas madeb- purchase 01 goodsrodma_ arid salerJgood$ mariaIs 8lId_ III purwance 01Clllilaets (I 810ge0 l8IllS entered in the er malntaioad lfW Section 301 oIlhe CompaIieStltt 1956 andagrpgalilg o1rigtg the year III Rs 500(00Of more inrespecl ofeach Pall)

6 The Comparl~ has rd~ anydepolIbfrom the pubic inIl1IJIIIU 01 SecIoos 58A 58AAor anyolherflOyenanl prtlVlSlOIS ollhesa

7_lIOUI opiMln Company has lIrllrrlemai Auditsystem 000 lei0SInIeWIIh ltIs size and thefIIbe oflSbusJIess 8 AalmIlgt) iJIcIrmaIioo and egtpl3llllbOnS gigtO kI ustheCeMaI ~t has notprescnled 1eniInce 01

costrecudsulS209(1J (d)ollhe CMIpooieampAa 1956 bany~o1 lhe~ 9 Inrosped cl S1IIu1orydues

a) Arcming 10 Ihe reoords oIlheCorr(lany at 0UIWndng dIJes In respect of Providert Flft1 Etlploees Stale InslrarceWilst BengalVAT CervrnI SalesT- 1rgtCQme Taxes rmSI rknoiplII Tn F IorPolutioo Conlrol Tradii Wcense and tire liclne eamp haVl eeee paid du 2OOS-10

bl Aoord glo tile~ follJfId egtpIarIaIiom given 10 os 00~ or~ amets payablei1respecl aIiPlCtNTllltl sales au WSIOlTl5 OOly exose dulyordues peyIIbIe 10 any olher SaluloIy and II](Local ~

were oolStnli1gasat31 $I Marth2010loraperiodd rro-e tlao silt ~ from Ihedate theyeeeerepayaIW 10 The 8CWlIIAaIed losses oIlhe Company at theend oIlhe fio1niaI )Ilar a Ine= 01 its networth I has rcuml

caslliosses duIngtie l8 iIIIdalso inthe previous JnancIlII year 11 The ~ has notOOIaultedInPilyment rJltlues toany fnIIciaI lltllliortorbankorltlebeo1IUes tdders 12 In00 0lIlDl am ~ III the ~ an explanalion grven to us 00 loans an acMnces haYe boon

pliedbytie CompanyfS1 theblIsisrJ$lllUIIybyayorpledge ofshates debenIIresan OIlIer secuilies 13 In 00 opnoo the CorJImy is nor a chl bld or a r)(IlVrnutua fundIsooely Therefore daose 4 ( ~~I rJ the

Coo-nIianies IAuliIor$ ReJxx1) Odef200J ltd as amended upto-date iampnoI ~ IllheCompMy 14 mour opinion the Canpany has notrIeaIl or traded in shares ~ detlen1urelts aod 1lVeWnen$ ThBreliJIIl

clause 4 I) olIM CD-npanos (AWibs Reportl 0r0ar 2003 an 3$ _idad upIO-dala is ootaPflkable tl the

1S The ~ lias nol980 guaranleesfor loanslaIlten byotIer$ from BanksorFinanciallnSlillJllon$ 16 The~1l1asnot~ itlynew mm loans (Urg theyear- The Termloans OUlSlandllgallhe bullmiddotgrJthe

lUwasril 17 ~tc the formation an e~given 10 usandonan overaleaminalionol theBalaa Sheelal the ~ weare 0theopinionIN no $horImm1oarl$1Ia been usOO lor long IIm1 tl esIi IIII ltIS

18 lloong the yeartheCompany lias nor madeanyprelltmntial allotment rJsIllfts tl parIIeS and companies covered in theregf$(efmain~tJ~ 301 al theCompaniesAct 1956

1gThe Company lias nossuedany detlenIlIres during heY9i 20The Company lias notlta1Sed any money byway ofpubloc rssue dnIg tie yei1II

( 21 In ouropnion Ild laquoeortIngtc the iflformalion arld xpIinItiorl gwnlO us 00fraud onorbytIaCOIl8Y has ~

nlttioIld orfIPOII8d dumg ee year thtcauses thefinoncliI satamanl$ to bemalariaiymissaled

For RAJESH CHATURVEOI ampASSOCIATES Chaltta-d AClOInlmtt

RChatu-di

PIacIl Kal Dated 28lhMa- 2010 ~libeis1 shyNo529llI

--Balance Sheet as at 31- March 2010

SOURCES Of FUNDS SHAREttOUlERSmiddot FIJNO _ -

APPlICATlON Of F1JNDS csers

IM$--OlIlgto-=-o

shy

100479000 2 92680000

musUIlI

3 1~zn245

194272245

rot )9$411245

bull 321969 061 - 1410U6ll

ClJRRpoundNT ASSETS lOANS ADVAIiCESu bull __ C81t 8lai8-a I-t

Sbull

U~356 72152(1ll71tl610

n 1-sTUw)shycww

I bull (872lillllll

u eolor taaicn

nuoo NET CUIlREHTASSETS

-(21129111)

Pfl()fJT amp lOSS ACCOUa 2711Sotl$l

rc 3910431245

NOTESTO TIE ACCOUNTS 22 Thf~~ t1ooe bm iIf1 gal part1If he Ballnlo SheeI

In _ aI(Ill IIIllOI aloMn dale 8IIlIChed

tNrdgt]t 2Mlt

1al4790lXI

bull

muSllOID

211Jamp33ll8 21 ~ lA33ll$

( 1 S02 311

321J2OS]( 1S7 7llO 6GB 163929iI66

li3 t 2U amp6

01530 72152(7

11 213 701V

11576833

ro 1161233

16IU2(

4I S02

lor RIjMII ChIturvtd amp Anoc_ For Itgtd ~d

c_ shyA~i8b -e Kolall DaIId 2811 uy 20 10

C $ Cbcudhury KaII s aoptbull Viol 0- ow- bull bullshy

SK~ Gof-IFuIc~

---

--Profitamp loss Account for the yearended 31 - March 2010

Sd 1Wdl31 2010 INCOME Sale 0TltiiiPrtOoG cow klcJuampeI~) III SkIdlt 97l198 17878

135125ot

- shy

FQor gtlis OtlerII gtlisee-J

leoSOibullbulle-- -COW-SeAng amp Pnldua De I bullbullbullbullbull --Ilems aI ltIlmllle yNr

n

ts te rebull

11)49028 120932 m ~12J51

2fioI7454 195538 6928685 6 ~7ampM2

5861 892 2929647 921633 92216

16on064 13822019 aee 158ll3ll

ltm s

PROFTT I (lOSS) PnJlil I (los$) bebw ~ (330542 4)) (25040611 ) PIoo$(o b ~ - FBT (10400)

(33054243) (25111011)

J 17~20

(238383798) (21 31530011

(271 1SUS7) =

For IOJ Of )tNI d lIlo 8tgton1

C S Choudhury K1ijal Sengup~

Vici ClamIa-l C1IiimIM amp IIiIgtIIloWll Dnltlltrr

s KMukllopacfhyay -~IFn1naJJ amp~~

NOTES TO THE ACCOUf(fS

In IemIs 01 1M reptil 0 (MIl rIaIe attadleIl lor RajKh ChaluIYIIdI amp ~t5

R ClatucIi-Dated 28th May 2010

- - - ---

- - -

bull bull

SchedulesForming Part of 8a~ Shelaquo F AUI middot MM~312009~3121110

~

SHARE CAPITAL Auhoflllld -- shy~

lllilOIX~_ltJRsltl-_ 120000100 ampaooOOO

luued Subsaiblld Paid upJlIlIOIlIl~sr-ltJ Rs tgt-- fullllI Ult_- - - -shy

104909000 104900000 I Oli HICl Eqity Shno 0 ltl- YlI_b__ - 50ltI (lOO 5091000

- -11 o000DOO 110000000

- SharCI _1 A_ 1S21ooo 1521000

01419000 106479000

2 RESEIM SURPlUS roo ~-CapcentlIwbsidy (Gcwl Ql West Bengali 1SllOOOO 500000 _ 91 13000II 91l31ooo

9268ll000 92600000

2 UNSECURED LOANS From eeeesCorpaote 194272245 21 7343388

194272245 217343388

8 FIXEDASSETS tEPREClArntl _shy_~

~-~~

bullbull bullbull ~ bullbull bullbull bullbull= - l Ol20 ~ D1 [)I1IXamp _

111lllll1O 11Ollllili ~ -~ -

~ 1$1 -- ~ ~-

2lt W - rWlro til1 TampI s

_~

I~ _ ~ ZSO~13relt 21U8325DlgUO gt5~O IG lJ231ae 390428)1 lIJ I3 m~l08

920 -~ ]100) _113 Zl(lllll~-

ll~ SI2 T3 1J2 M~ -- - m ~ 511~

_ I RIiloo _133lt0 romiddot ~ 611811ll 1138lt20- I 11 oIol ~M- - _m

IIIlt shy-- l1t12I571 2400II l1t 1 51~ - ~ crbullbull 163mllRi m ~IO3ll -l2alte2to l2TnO510 1IJg6l5111 11Il22OW IU lIOlIOlI T83 mJl(lll

-~

18

-~-----------------------------

---------

Sehtdults Forming Partof Ba-- Shell

see INVENTORIES As -en-ee lyNuCl

shy--shy~r omooos _bull Clro- Sa eo CcocI Orooer Sa C llcUIIW

lMs PIIl_kw~c

CASK 8AHK BampLampCES c1It-_amp__ bull

cr~Sd

ocat b a- ( (00 _ 0-_1

LOMS ADVANCESbull shy~

1vJ ~_etl 0

II_Clfb_tlt_ AMrakwf = _b - FB7 (fY2IlllI-lI9l _ FS T -Y2llraquo- tI e-PLl

1Iwll ow F- ~ lane F- PClI _ Tax AI ~ InpIlIVlTIW bull

s CURRENT LIA8lLIT1ES PIlOVSlONS ACURRENT w8IUTIES0- _

bull SSJ lnt

-- shy- SeoIII) 0tpaM Reo 4 o8Cl

rMra F o-n- ~ IPl sad PaIl ~

bull~ FOR TAXAT10H FmlIlIInIM Tax

ts

IIIwcb 31 2m0 -

6111$ $ 681 fjl

U 1U5S 1991 53

119904163 ~n9~16

1l1527

2 ~ -

UOgt -

17 bull lgtS ~11

om SlD5 211503 ~ ~ ~

-

8718610

lt10901 S790 151 -wm

310(0) uo48ns_

( J MardI31 2Illll

shy21i21l6ll j$~1

~lSI

1( I1SOOJl2Z

11713 ~ 1795 11

12lsWshy

lW111

_137f

6913201i

2JOgt rea

1Ui

l12n1M

63522501

3100XI

11576)33

ro 70bull00

- -

--

- -

- - - -

SltheClIles f ormingPart d Profit amp LO$S Aceounl

10 SALES

-~- -- 11 OTHERItCQME11-[ melt

12 flaquolN OPERATING INCOItE LatIy lnt1en Ilad

13 RAW MATERIALS ~ Slcd01 Raw ~ Add PudiBse Duling he year

less ~ Stock IIntten 01

__ less ClJsrlg SOdl

15 UTIUTIS - POorCf amp fue l

FltnI8OOOiI shy_=00=4 of ~ 16 PEIlSCNtlEl EXPENSES

Salary Wa1eSEltgtlus ampExQlIJl wgtltl~

Co ConlrbJliorllll P ilIId E S I F fICmIrOW_~poundlC

Stl ffTffin~

LtWm 8 liwiIs

17 Olli ER EXPlNSES AlOIo FlernJnn1lO1 B3ltkCh Books amp Pto odicaigt ConsJlanc S service CtIatgts eooooo Diltectgtf Sitmg Fee Oonaion amp SltIbwEnt9llJirlrroerj bpelMl$

-- V endIltI ~ 1 200IIM~ J1 2010 h

- 2(6557 l4t64

lJl17li 457449 172899 _ - ciJ8S

420amp82

420amp82

~62U68 1441323 96691 l294m

2111359 21421 00 162n

2050~ 2742100 501554 2621168

_1~9 ~ 120132

194905 sbee 407285 ~

Zn1 1~ 412351

2320 ~J 751578 24367 17lt581

15379 ~

264745C 1guraquolIshy

OI0tTO S4lll292 370512 35096

17412 19J11 ~ 911 138 574902

6928ampamp5 - amp471gt12

1890~ -zsesm a 18793 4308amp5 29864 207818 152574

~40000 ~ ~

55189 ~

-_---------------------

--$lttdules Fonning Pillof Profit amp losl kwunl -

FIQlIy Fcnrc ~ RligisIi 01- shy shyPlIge amp_Ii Prning amp S -_ Wi _ t XD - shy

VIhdI a -

UidbullbullJ- 5aLJrtG amp PRODUCT DEVaOPllOO

Elwo_ 11_ C

e shy- shy CgtWltGES CIlCllfl CrdNc

middot~(IITOS bull CIlE$lDl-

shybullllII

ITE-s MllTTal on DURING THE tElR ~OIlIIe _ncIl11ngi1r___

21 AOAJSTlIENT llfLlnfG TO PREVIOUS lElRS ~~ToPt

---

IIIrdI 11 2lttO

293~ aeses 2013

3 67 37 37193

31 lOl

~

_~l-m

V

scs 2671

~

-- IampIrcII 31 20Ili

shy321581 271850

92 312102115875

~ 500 ease ~ mno10 ~ 3lrn

OW

eo ~

m me

nM

21

n IIOTU 0 ACCOtIITS Slttw- tlmnI prI die ilalfte srt1Il Istllllrchola nl PIlIIII amp 1JIIs-aul trn _ -1IlliIlI31YIrct2C 11

t Sifi_Ac bull shyt _1 8o$lS CFACCtIUN7JrIG Tht~ e p wl-MI_UlcstOll__l Ol atCIAIba5lSd~

C_ lIOltUSgqIUI)lfICl- i1b1el1l~ c__11IO

oonplyOllfltlt~~ ~ eolAaNIfSWdilnl) ~ 2lD6 puSUiRlc5ecbI211 (3C)1te eooesAcL 19561 lto6lmiI) Gle~ ~ ll _ (_ CAAPI ~andft~ pvmIOOS DIN r~-1956 Tht~ pJlIQeIl iQCQIlSISIonampyamplplledbyN~

12 USE Oa STIliAn The_n_of~~~OIIhGAN~~ lDmakelSllnllllC ~ fllIlllKttlt r8pI)1ed-td _aod- ltIIodocltre 01 ~ngenlliltlillIes

bullbullbull_dbgt ~ tol -l had pjoesrilrng IIMI ~ penxl ~~ 1IIilinaIIls b8sed l(lOII iitSmiddot be kloItIatunwl ~CIlUOJ

3 RXal USETS fI F_-iIl~ oxa oleUeoabIfII1oa 1C05IIICUlli5 IIIGUei llclir-wh tJitS-mcubullbull__

Ib)Tho~_rJbed _d__QnMj [ ~

laquob)i u lEPRfQA1JC

00 bull d -1_cnoodIl CIIIIriiIgb me ~ lillle-~ Slt1leOjo JNrJ ~AaI956 bullbullbull_

~ e-LCIII_~~ding 1efW _iii dlldl e-ertSaly~oo__ bull bull Ii middotded~r~4~_d_

15 MPARlllEtITF ~taehilllalCli SIlIlIll_iDl __ Ii CIIe__~

rldicIIt rt ifllleao_ ~ 01 bad _ lt1Plomgtooed N pa_ lCJsI le1 _toe lltT)lIlll_fII oIl1e ~ lib11 tJIJIIJ Cash GEsIili lN (CGU~Of ollelexceeds_1JIfiUt Tho__ Ii hi QIMkI d1lgte_net ~1IOIiI$_In~vaIle ~ hees~matad lltlft cosl lbw mUle use ollne aiiSs diIcounled 0 Ilelr Pfesenl_ 011 WIlltl_ M ompAtTIIMlllCJsl is~ j tt- _ --linllertlCOYlfalll onanlrld sunlrlss_OOIorgor_OfModicgtaw ~ Ioa l JlMnIIlterMa ~ tI N carrp1J -01- _ Mlil1 case d CGU

7 I Jok CIII~~

11 MfIlTORIES (___~ t_ ~ -cIII~d

~roolSldlel I ~-_aI _1ot-IIIDdQn5

~___~COIlf~plOdocII_oelDI n DbeJddampl7ampblgtIealll ColIiMlill- shy(bl- __- __~hsIoecgDCII2I --=lIl_dalilnnll

II ColI d a- ltIiel IItnIr _ pencil 01 _

~CllljO _

11 ~ a OGCOSTS amp0 g_hl~tI t Of~olhec __ iIo-t ~aolglgtltdgt_ _oWIOcoAI_dWgoltltJ~_

22

18 REVENUE RECOGNITlON ~ tom the$3Ie ~ goods(rouong TrllIi prodJctloo1 Ilottlesl IS ~ t4XJI passage 01 titleIe the cuslomen wtgtidl ~ _ Iheir ltIeliver) ~~ -y cui 01 gtltu ltifIe cIiimr 8lc altcOunlted rasand hey ~ fnaIydetlt1rmonod

19 PROVISIONSCOtITINGEl UABlUTIESAHDCOIffiNGENT ASSETS lalA pllOISIOn IS reoogrrised when theCUI1pal) tlas bull n-Jl otIIIgaoon as ~ 01 __ -l ~ ~ an CkIlkgtw 01 resource Of t ~ 10 $OllIe the ottgatiltJn in respect 01 wIldI ~ ~ _ be_ ProyenIIions are not diiowlId l)~ ~ ond a ~ -d (WI be5l OSlimate ~tl_ the abIigaIJooat he -e__ These _ atNd baJIIoce sIleel

d e -l~lO fllIoa lhe~~l~te

(h) Cootingenl labfllies ~ byY offICIIe5 IC (0) ConlingenlAwlz~ Y_egtlaquoepl lor lho purposed _ellol-

110 lEASE Sne 1(1_ has beenlICqIOrOO to-PCl ~~ l)pe 01wiI be deIenTwgted WI

~ 111 ACCOUNTlNGFORTAXESONINCOME

In-01 lilt lossb tie year ltJ1der revi Taxeson CuretC anIDeleltted Income have notansen

112 SEGMENTmiddotWlSE REPORTING The~eXltiJsiwe~ 1$ maruaeturinJ yenIll lI 0I V Fblsnl such in theopinocgtl Qfie Ibr1agemenl ttIil is lhlI (IIy lepo ~~ ampe9fIIlOl per AcclInng SllnIiard 17 on SegnetC Repor1lnt =oed by n - 01 Owtered AaxgtuntlolS or lnclol There 15 no ~ GeograpIwal segmenleithelt

111 EMPLOYEE BENEFITS (I) llelnod COOIlIbtlJon 10 prQIIidertfind ard empIo _ 0SlGII00 arediared Ie~ amp loss 1lCttUll 01 fill _ GleQlIIIrtbulions lOthe~ bIClS n 0JIlThere ate roo 0IheI 00lig81i0nI Ie Ihe eo IJIt I oe-er lIaI1 clJGb6Dn payable to therespecIMI-uy illIIIltntJes (b)Mninul1 _ or bonusasrgtcgotiated fmm n 10_ os lIo1W oCCOIJlted arc pood ClIIIl basis 0$1 -dQlllSlSlfrqt (0) No _ llInIIfit5lCthe~

Id) A molteltolco_ y_llerooIIin lhebmaigraUlyisllilllltraquo_ ed oncashbBSltl

1 _1~ POLICY ON EARNING PER SIWlf (alBMcNrnig persharelliltAlQ ~b)~lhetgtet~OIlossallet end rtude POSlIPeeclolany ~ ilem lor the peroltl IlItWtIlo Il~~ by lheweoghled ~_deqlJty shlIe wtsIMding dtgting ~ pergt)I1 ThegNed _ 01 equity share$ 0JISll0 tUroll tle PriOd In-fore_ fgtCiUdirIg a txnIs iDoJ tIatUI eleltnenI 3 right issue spill d __ or reverse tPl (1elXlISOIidaIiDn or_os) lito made dunng lteV-- (bl Forlto purpose or llIkulatJIJ ltlIuIod rmroJ per shire Ile Il8I prolil d ltJfl penod_ eqJfy 51eIclldelt n tie ~UltJef ofesQJDldo ltkngtg1MperiodInedforleellecls d II dilutive poIenIIIl d laquoJI- shy

115 PROVl$ION FOR TAXATIOti 13) Tax pense for1M)83 ~CUfeot ill ampdefMed isi1cloled Ie fIIt pltolit (lossl fortrleyeor (b)A~ IImadefortheCUTefIllagtbMlOlillIiltlOity(ltJmpU1ed 01 aoordancIe _ RlevariIlagt raIeSand ill A Pfl5lCl IS made fol cleIemclllDl for1rr9 ltttrerenltel rIsing and liCOJUOlg _ alarreotty Ofsubsl8I1Mjyenaded (e) ~ Igt-Is are ognised 0fIi) ~ _ is certainly 1l1111lhey wiI be INiZe6I1ld 1IOewedfollle~mm sheeld8led1letrIlspectivecarryolg_lIl11dlballiltllte

116 FOREIGNCURRENCYTllANSACTlON ~ applicableFltnql orn=nq lrrIsaGtiolls are accounleltl for at f1e elltolrlge rale prevaiing at the blttnsaction dilte Yearand mnetary assets and liahiitiesItIIoreignournrq are Ir3n$Iated allIle appHcaOie year end e chaoge ~andlIle ~ dilIeo elt ICe is eoognrsed $gaOl oo lorhe ytII

2 In tleopihJndlgtt~ Iho maM3llIe_ dlllaS$8l$[ eilherheentire~amp~ ling Ie 1rftVerwus Fbl ~~ tle0fIi) CGU cI ~ or Ile _ I tlNll l1Ier fIan tIo$e Ii respeclMCltlII)iniimlUllalLId1 assets no ~_IIason trgte Balance Sleel ltllte

lal Bank ~ fa 01 W8$l Be1l1 s_ ElltctncgtIy DioIiboIiltM ~ lid m

(h~ Claim agaiosIheComooy 0l0l ~ 3171849

(c)Oarn01 cerw ExCse CIuty InIer ApplrIl kI Trtlur8I no818

4 Asrc IleIeSlllls beenchargedOf1Ioler-Corpoltole~ he_lias flO beeoleswnatednj ~ n shys Partl OOIlfJrnlaliolt in respect 01 outslar1di~ balances JIr SuIlay DetbI Sltnlry Cltedl1DlS Lwns M~bo-on - inlrl OIIII$Idenolio1lh__

6 The Contrtd _ MI$ e- 81goroeemg 1M COo~adtA IISPObIe for Renovatlon wonlt at Fadlr was teminated dlIlI to pocI and sub-llarolard~ 01 wo1lt and maleliaIs At prtSeI1I hmalilt isurderfillg3lion

7 On iilllleial- ~lSioId CllIlridol~ djotlbyWs FreseruKab Pvt ttd (Fresenlus)1Iith eII8cI JrorIl ztSl Augull 2OOl5 fie -1t 01 ~ _ F-_ 1OImOa5e in cowetSion lthave Godown Iml Vat IDS tlfuMnl $aIIp by hit ~and~ of F-- has enuo oed UI~ cliIIe an no 8lUSImIIthas bftnmMI inherftIIIIld aaolIlIS thnfor

8 NJmaRECEVEOGAlNSTSALEOFPlANT ampMACH ~ E RY

At ~ tgty me Cornjgtony sctI--(dIi 000lt1 ~ -- amp FducalIon l id ~ JtImne _ oIRs 315 CtCQ edt ClIt ol Rs 612cnnsdUlWlg2009-10 iOJIinSl- 0111 Fluids 1Tl8I1~

maIonenes for wllCtlappmpriae resoIutioM -e passed tlf the- Companfs sharehllderson171tl ~ 201 0 Thoi Wesaid -m was ustd by he ~ IIMartlI ~~ 01 unseated kHI J-d from -conponieo

9 MIslment relathg to pr1lIioo ~ ear amounting to Rs 2157641middot ~ net 01 ~~ br Bank Gunnlee released by Bs1 ~ 10 R 7740121- party dsll bypro perod Alary Ib 37097shyrlIenlSl a-o dN)ood ~etarges etlt Rs 371 151middot01 N $arne year

10 MICROSWIILU tpoundDlllM ENTERPRIsES The COnpano hasflOl recewed Ifl IT 0 bull as IIqIJinld 10befledWIfIlhilllOllied ltlJlt(nIy UIMler 1le cro SrtalI JtId MecWn EnIefprioes ~M 200li c1a1Tlll19 tler S131S as00 31st March 2010 (and also 31st March 2(ll)9) rrntroSlIaIlard medlrnenlerprises~he_1Slicl payabIf klhlse dUIWIg_ l_~__l iS nl

11 The ~ III yet to fto -V adopI~ Standard 1S EmploY Benefits (lWes 20(5) issIed by ee 1nstilIJIl 01 ChaIltred AccoulItaols 0I1ndia ant deliilIed discIJslns reIaWli to Oefned Btnelil PIons couId FlO be fnidellollcrnonlS andRe9ortshy

12 RElAI ED PARTY DISClOS~RfS

DiscIoluesasreQUredJIaxulIilg Sagtd8Ill18aregoenbelow

LdofRm~~s

SenboEngneeMg Limited se KrojaI SenguptaErrOclln 81gi_oog Pvt lid -- shy8eeni I-IoIoifgs PIlI tid SnC S ChedMY

Dr Sll8IllaI 0lalCI1D0I1ySenboEnm ampPvt Lid SoFTarIp Kumr OVIkraOO1y Or Asilth Kumar Sengupta

-Trrnsactions with Related Parties duting 2009-201 0

Nature o u pses KeyManagementComj)lnics Personnel amp IWlati-u

(- lRs)

Expenses Ditedors Remuneralion Cullllllt ear ~ Nil

~ Nil

Dirnctorn SLtJIlg F Current lar- shy 40000 Previous at 2a COl Inoome

Electricity amp Diesel 71373

54358

Outstanding Balances onJ~ March 21)10

Unsecured teen CIIroIIt Year 1S4m245 Previous rilar 217343388

13 EAR~ I N GPER SHARE

Cumml Yn (Rs) Previous Year (Rs)

Net Profit I (Loss) after current and ~ tax Weghled Average

(33054243) 251 11011 1

Numtgter of Equity Shares 01 Ri 10eadlason 31()3-101 0 10647900 1O647OCXl

EamOngsPer Shale(BasicandDiluted) 14 FigUIeS to thepreltioos year tevebeen re-arranged and fe-9ouped ~ necessary

is Informatioo PlJfSllaI1l loNotllication UIIllerScheduleViofthe~rns Act1956 IAscertifiedbythelllartagement)

CIfIlInt Year

Oy INoofSoltMI 151 Annual Capacty _ PrOOLlClion

15 11 Used Capacrty 1aOOClOOO ~

1512 I rgt$~ Copltgtdty 18000000 ~

1513 TrialPrndLJClS of Irl1tlwenous FlJid _ MacIliroI upgradatlDr1

r p~~~ 157634 1178355

Saio oITrial FroducIs ol-shy 24244 206557

153 I -V FUds BottIos 191 18664

154 -shy IV FOIds Bottlogt 135309 990461

Pn0IS Year

INo_ oHloltles) IRs)

16000000 ~

18000000 ~

17878

~

1919 186amp4

-- --

CUrrtfltYtar shy- - (Moe-) -1 55 -- M5gt I PIWj G M M M M M M532 0_ lt0shy_~

GolI-ampO -- c_C_ -shy

1511 1572 sa-ls-o

-- -- -- -

- U - -- _ar shy_Cshy- - oW bull

~amp2 ---- M

bull bull bull_- -_ M

u uUm-- S bull bull

IS 5 12

0shy - a

1t11Pt a a-M

~

M- M

-

PCIY_- M M

M

1111 M

~~ 11

-

c

l

-

Informationpursuam to PartlYofSchemJItVIof the CompanilsAct 1956

B 1IceSl-fAbaraer_~~8U$-_

REGlSTRATlON DETAILS

~i No CJrI L 22 fTfTi( B I 9J r pT L o amp3Z 7a

llaIIAe Srleel DtIo l 3LlBpIl l amp11 oJ tl CAIIfAL RAISED DLRJ~G THE IEAIl (Arrioln Ra 000)

Pul iIlh I~ ~ Ilo1IIsaoi lonuI1saoe [l~N J t l PO$nOfII OF MllfIl 74TD1 AICl 0euroJlCmlEWT Of FUtClS AIoIIut Ik lDlI ___I bull~ f 5_1 kIII-- bull - -~ si shy

t1L ~ G 2aDi-l - shy- CIl frIJill ill-l412l1lJ ~oIFomds

lei Fuel A- [lj 41T[)l ojsJ ITDillJil Net ClmlIlt Assel5 [-r2T i~ 1_3ill j271T[SS]

N PERFORaLlHCE Of COlIIPAHY (Amwllll RsOOJ)

Tlnll1OII ITI2 -i L i lJIZ3 LL31middot~ r3Jl~~_

tJ3T( 1 57 a-LJ(Itl

GEHEltIC HAIlES OF 1fREf IRIHCIPll PROOUCTS

1 t _-FUds QV FUlls) CodIo No

2

3 NIL

ScheclJM 110 22 in siJed y Ihlllolowlg

~ RAJESH CMTUIlElllamp SSOOTES ~ I

bull 0-- di oIlW

SK_ DollId 2lIII1oIat_21110 -- ~IIIfl9r~ampe-~

CEOiCFO Certification

we 11- odbilljji led CU 8ijIlICbltt epacilieliISownn ampIotirIagrIg Dnaor (CEO) IFd Vice o-w (CfO) d soo~ lgtmed(ltgtoCornfrylOlMboltld ardbeIilIl oerIvtrlol-II) we live ~ ee lIIbltgtoamplinInciaI ~ noad wiIIlhe Cash FkM StaIIInWot d Senbo lnOlgtIneS Litnited

1orr-~3middotmiddotIlIntI2Cl0InlSllleNIl t81dart4 l _bIliIf (I Ibullbull de ngl ~ _ilIII Ibullbull or_ ~ lacI or_

lIOilSN1IblI tng _ ~1 __ 111_ I _-~-n_

~ iTa __

(tI) we _ lilbIsIdar if IId bIloII1lIIIlr1nIdOtlStrlIlllIICI tIle~ dUIrog

~_II1e~~arltAl bullbull ~lhe~eoaedCOtQcl

w lIodaN II illla~ d ed aJ onan 1Id C6 - Ked OQi lheCOdeolCcnltudilS~lPylN~_

(e) we UNr1ClllPC abIil beslilllIslqlnl l ODIlIroIIar 18Mll We heltdl ess d oornt sysIImS 01 CalgtanJ IIlilfnonl8 1ejO-- ~ tl tie 8IOIorI rdtlI AIdI COl_ I1olfio I(ies inle desIJl or oplIlllOi01such Itlma eortroII ~ any olwtJdwe arep3fllard stejlS takenorp-oposed 10 blIlallten b rlifov1g slICh oolioencie$

(d we_ tedanw_1MItlaIian tllha adnnllheALoltCo bull

(I Slfiji~~I onIefTaI~_~~ltUIlglher-

jiI Sy d8lJlI f ~-dellaWlg n lNllhe _ ~ lilNIrwlQiIl _

1 _Q$gl_f3UIl ~_=1- I Y gl bullbullbulleor ~I KlIenlhe~-~~-

M$Oillilllshy

c S Choudhuryvo-shy

~Iaqtion

~~tlIIulewr~Eta pnooad -09 (l l1ll(iildl-O_ 1le sma EAlw Ile eacle wbullbull SorirIr 1Mie Fwi lIIIIIlIoM oed eooue Code aJCcrWcl b III yelI endId 31$llllaodl

ForSoriIo hUres ~

shya- 1 bull V Dncb

28

-

-- - --

--

CA91FLOW $TJ1UlENT FOR THE YfJ~ BiDEDtiP IIAACM Z010 -- _shy1IIntltl 2f1

A calli FilM Inn e- gAdMliII5 - shyPdrllDaJrIaolt lD ~ l32ampl t 459 (251303971 ~bDocgt_ l$OnlIamp 134lZft9 ~PdlllJ bIbw IIoIIltlg ~CwlgII 16769 3S$) (1l JOl7I) (ro-~Wilrblil~ (Ottgtr tlan Cash-l CasI1 E~l 3amp521 301 (5510185) Cxh IO ~ fIvn 0parBli0ngt 221511006 116618564j Drreel T_PIId

l CnII FilM Opamng AlttiVitift 2215$il06 lU185641

II CUll Flow from Irwu~ng Acbrilies (248467) ~dr-lI8d~

nbiIg Fonogn etrq VinWI (29701199) ~farCl(lUl F~_

~ Net Call uMd ~ bullbull ~lI Adma

c e-Aoootr-f_ ~_ -edShn CCxlaI

PIgt --blsI tolt ugsReceJi_ d uo-nd u Oftrlb Slaw PrtIdoIl 01 pel ~

NatcII -cI in FNIICiol9 AcIvilieI l2107U43J NehlCi (cIao I lineal_ ~ ecuivaltnls1 8+lt1 (560~)

Oparong B-c orCallIand Cash EquiQIente 907371 eea CI~g BilInel of Cllh and Clsh Equivalanb W 907311

For ftOll_ dlho amp11

CS ClMufhury kIP ~ ob ow- cr amp~lrnIaIY

SIl II I I at Gewaf ~ amp~SfcreWy

bull AUDITORS CERT1ACATE

fila- roe _ QIIfl b e d sa8) MlUSTllIS LUTEDfarhe IlClt ended 31 wm 2010The 81_ beerl__ llr fl CcnopInJ awulIe row =eliIca 32li1il1lillAQl _ SIocIo ~_ _ _ __toBIIliIlaSIIIIMoI cnce CIIIfU-lrW1lIPJflb tliOld~

For gtASH CHATlfltD bull bull ssaxaTES ~laquogtIl ws

DeIeol- 28tl ~ 2010 PrtllU Ho~

29

~---------------~

BOOK POST

Senbo Industries Limited

Registered Office 87 l6fW1 Sarari KoIoaa 700013

Phone a33)2217 891516 Fax 033 2265 9485

Email senboindgmailcom Wilbsile wwwsenboindustriescom

Works KarbBla Sonarpur Station Road

KoIkata 700 103 Phone 033 2434 7339

Fax 033 2434 7341

Page 13: Sixteenth Annual Report 2009-10 - Bombay Stock ExchangeU8il. C8ncer R!sean::I'l lklil5 1il:l!l>tl1l 1lC. In8lldIlIor. lhe I!oItd_

--

9 Nglo_wilIOl 8ClP8dauwd_ DnanIor_IftOIIII_grb~d ~iI wnidIr-ohctar-dncl1lllrlllt

I ItIiP ~ar~~d-1-dIllldwN bullbull txIushyAONbWho-w_ wu_tIlcUd _lldIca__ a-d ed__Ile_ttl_gr $ dariliMl d~arbullbullbullbull 1 pgIicf nlIll1-W-llr IllBowll_ tnne-cl _lgradllCbl o-sw hey-IUd__CD1Ir_oode 1gt10-- u Ccde_Seniarpaw I

GEHERAlSHAREHOlDERIOFORIIATlON A-r~ ~ OngrlRn _Soii _2011 ald 1

C ~ S bIlts ~~SliIonRcamp1 KtMI- 1llIll03

The Carnpaytskm l SAp1l lo31S Ylrdl ~far lrllloMlJIifWSb2111(ll Illd dod ~1ar4tl~erdtlg311lldaJdl2011llIwlildeoedasPlrClluu~1 dLiIlnIlAyw=t _ SUiExctooiglS 0alBooot lIltIsIn ThI dMIs d book drI5uI1I llOll4d be tolIXI d (1) dIys Nt- ltII nell ArnoI ~~

DMOond P- DItt In- dille contnoous loss flcurIed bythe CotrcIony no ~ Ilai been ecollwendd for theyMt 2Q(l9-10 ~ onSlodl ExchMgt~

SIQs d Company nlisllld wdh h Skidlt EcIIyenoges d KoIIIIIIlld MumbIo

Stoclo Codo

) Sbt CaIo d SIot Egtdlengebull tVtlIi

bj S1oc1 CadId SIot ~ Kobto C) oma I$IN

rI hStloj COSlIar Equitybres d ~ 1llpoundl12C(l11l18-- _fIl-golnlg _ O illlxraquo z zrd-tll

q bull w ShM TAgiMt _ _LId D511 llIgn 7lBRll8 Roio1 ~-700001

sw T S-TIIz srehAIIIt-__-~bnl_ poo _Oil ~1 Illd _ lDIl d 15ltiIys b doled IlIOIlIIl ~ bon__bull II fIIIl2stI bull _dSEBl IlJdlIIS CO J lzcIIJd9-T~ l--1lI_ 1IiZIIlnrWbull apICXIlIIIr_tl owh $ dlampijsd lOd 9__01_ ~opISbdemIl~ iD tl

llimil ill DtoixgtsIb Pa (llP) opIiol 01 ~ ThI Dol Pa jjlii z~tliMlIOlIlIair _tlCciroIPWl liang_oil -lopleXl OnleCllPldllW_ ~ dIbullbullwtleilalilwe In_eedDesrDlgdoiIIle IX~despItjes__

--

--

Diol oI Sb Smiddotmiddot~raquol

bull 01 ToaoI SlIiiel C ~ltI 5110 lOll

a 101le 500 501 101000

UlOllO sooo 5001 10 10010 100011020000

a 200011050000

bull llUl01 101 OJ000

bull5

~ 00 00 1IIl r

ss 0 6211

a 00 n oro

O~ 01

bull Q

un

as OIl 11 ~ 2ln

T fo or ToaoI sushysea 0)1

OJgt 1022190

91 an

611655 ~ 169999

~

~

Z~

Z~

~zsoo

1101 SIIoIII S 1gt- of 1M~

_shyshyr-Pluo ~_shy-

shy

Foreq1~r

~IioIHI_s

61~100

lIZl00

sss

- 5

315S2 3394849

210299

-500

41101shy

az

bullbull t s o

100bull One bull jz 01~

ThI_~III~_OOOOP_ (1__29lgt~2O(I-t do ~1ICi9_e NStlOllI51l 2001 n aJSl illI -ltIIrIay 2m1 Tl3sl WitId 201O1le~ll driAzlo~b4 3801Ifot ltlCl8fool

-OUTSTampNDlNG GDR I ADR WARRANTS OR ANY CONVERnlllE INSTRUMENTS CONVERSlOtl DATE-ND lICELY IlPACTON EOlKTY

n~ -1lllI_ 1 GORIADR IWi15 1~ nswmentsanl hence lhn IS eo ~on re E~~aIhI~UIrgtltD oIIbcMOlStlmItlI$

- COCA SertIOhlushstmled KyenbIIL SovlUSIilIol Fad PO ~~ 100 103

ADDRESS FOR COAAESPOMOEMCE Forllnleo del 01 crollorqry -olllhn nlniIIIInrlll8lad laIied 5enbo~lhiItd 87UnIl s-~ 700 013 fue 03322178915 896 F 033m5911l5 22178917 E-IIl bw Jlu LillDIlIII - _~

AUDITORS REPORT ON CORPORATE GOVERNANCE TcltSha- It CIISenbo uIId 1 Wer-_ C UGh af ~aelfsnInlUroe$~b

Inlng 31S1wtf12010 flaeltf9a1hblnagodh~sxt Eoct 2 The_u dw rJw 1lMl 15 hesogtsblll dh_yenel CJI6 I

_Iiro-I tl~1II u ~b)h~bIIISlJII cubullbulla COidoo air COrpnII - M aid_ a E4I d on hOII 5t_d~

3 QIopIUI roIllI flit tc aI Ioo I kl10e V- tl _ adIIyh ~_wl4W w ~G z In__ 1IIl4Jbull We 1Ia __ grbullbullbullca REgiA amp Ston i C s shy_ d hi --a_CBIlIocl_ason 31S11oi1rttl21110 lO r-greaald9 1lJIOIIl_~bl~~tneoncnll

5 We adI ultr5IlIrIJIDIastlUewdfyd~ngr or bull I ~_amplel~tle~attgte~

For RAJESH CHATURVEOt ampASSOCIATES 0- __ bullbull

Itbull Po

~~~op No52a

AUDITORS REPORT

TO THE -WlFRS Of SENllONXJSTRESlMTpoundO

WI _uMild 80 SrIeeI d Serbllrlllustles InIIlM1Il3111 rlIrdI2l)10 r PrIllll l loI5Aalull lorlit liM IlIlIlil c--edarcI Cash Foo 51 161 lorh petllXI endIol on IltI dIltTt-ir8alI lolSnllel_d~118JI0u~ ~eonss Ol)irIoingn-kvOiI lolS-IonOlladl we _ ~OIIaltIIlIU AucInlSlirdanllge bull Ej hiiL n-StIi(laods Won ihel we plala petbm Ile kI ~~_illouI hlCiaI Ieare free d eA1IadolnUles_ bullbulliG-ona_tlaSII~Q~Ie_itld~

1hI1iN1rrili111 olSMallClUlecncUlls gOeaexDrCHhiCl(lllSllSIditldliUbullbullbulleoa I made by lIliiI8l8ieI III~ r0YIIlIli lrinIII $ e=-we belevelltlWlaDIptllOOde$l -onable lIISi5lorWI opirIion Wereportlhal 1 All ~ by he ~ I Report) QrIler 2003-ed by CefVII ~ SecIol

221(4A)oI the ~Ad 19$1fld bullbull1lIed YCJ~ we endosoe IIheAllnellft1 I 6donhe

ta

--

focltl iOjA4an1 5of1tlltI ~ 0rilPlt 2 Forttgtelt 10 oltsltOIIIITgtI1l intheAAnexUl1l refemld 0 inparagrapI1 1ilbove we ~ lhal

(sl We hIM obl3Ined ltII b i nj elQla OIlidl kllhe beol 0I llU IltIooIIeIlge and rae were oecessaoylolhegtUpo5eofcur~

(h)InQJr~OO prQ)(IbookJ ofoxountasreqUred bylaw hMebeen llteptblIe ~solaras~ rQm onllamplTlalioo dhose books

(c) The 8alance Sheetnj Proftamp loss Aoourlt 00aIl iMIl byh$ Report are inag SEll IiCIIwil1 the books ofilCCOUnt (d) InClI opioioo ee Balance Sheet ProIil amp lois Acoount amCash Pow ~ Odh IIfAacultng Slaodiods

rlIotfed inSectioI21l(3C)oI1h11 Coo IlpanAct 19$ ill solaraskSlardarlls Up1l llhle to he~

(ej 01111e DaIS0I11l11811 ~oIIltnl recellltllrcentm lho ~as oltl 31ltlllorch 1010 -IlakM onrecoltd by he Boanl of DirtctltlrS W8 rcoon ltIalnone rJ the DillJdors aAI ~ ason 31S datd12010 frJm beng appl)i1ltK1as DndI-ltOnlhe---g0l~27 4 (l)j)oIlIe ~Ad 195E

(~ In opioioo MIl III Ihe best QUI informata1 andaaorIlng to the ~lions lJnto us lheS3IC financial_r-d no_WIth It Silt1Nfgtanllatu1tingPciOe5inl subjello ~oI 11~~01 BoniS GralIiIy LltMI EroaslYrent lIrId~ reeeeee COl Sltsu-Ily )epoKCtfw3I UacicaI $lcrliSheltmlIIl101 wIidltaanotbeendee1millad Notbull bull regardlllgroorgt-chalt gingoiRelteSlCOllnter~ 8oowllIfroma~~ ~S on Pamptj~on Sorory~ampuy Aibs lIrIdlC8iSand~

~ oW lreganlilg~or_dwithMibull F Kbivt UltI tho_lO Notll egarding ~ oIAotoonIllgStandard 1$~6enefds nllle AIallWs

1gt1 bnirg pall 01 SdeduIe 22 flIllCI ~ -Mlh oiliernolM lheren giesfie rIorTnation ill ite mannerso -ec by 1he~Acl 1956andgivealreandlatr Iij Inhecase ofee Baiance ~OlllleSlaleoti1l1aQCorr4gtonY31 Motttt -00 (il 1iI he caeoflte ProilampLossAIC0Iltgte105$ for IIfyell elidedOIlltlat dale and fli) I Ihe case oftheCashAow Statement0thecash lowsoIthe ~ tJrlha lIaI eMed on lla1 dam

For RAJESH CHATURVEDI amp ASSOCIATES Chartared Accountants

RClgtatuMOi- Dateel 2811 May 2010 ~MobMMbullbullbullbull

ANNEXURE TOAUOIT(RS REPORT IReferrtd to iI Paragtliph I 0 _ RtjlOl

1 In respecl ofis flxedassets al The ~ te5 ~pIqlliI reortlosllllfl ful ~ ndodng qumtoIYe details anlsi=lion 01

FudAsselsonlhebasisolirlJrlnallon8Yaiible h) kgtorrIng to ee iobmaion ifld explanalions gWen tousee Fixelt Asm IaVe beer physIaIIy-t by the it~alreasonahle lIlIlVaIsand no_ClISCtlIaICle__ongtltdoYftrifalioon

c) II cu- opnon he ~ laS 001 cIspo$ed d subsIlniaI pall of fiMd assets dIIingIIIe yearanl thegoing ll)rOm $I31US oIllle CompenlIS flOI 8ffeced

2 In rl)Sped ol lllY8fl1lrie5 ailemiddot I IF Old II us ~ SIIri dlinlahad goods sbamp lllIamp ~ argtl raw itIiIlera6 exoejIl sIocls ththll

PIlies and IaIl5Il dal a ll phy$icIII~ verified byIIIeiNMgemeot al raasooarMe rlleltlaiS blmourLlJllllOll andaccoofug tIllhe ir1bmalictt 8Ild~~lolSlha proceVesolJttysica

II Adlts foIowed by ~ -abla argtl adequate rela01cent Ihf size d Iflt Coo1pany and lltueolils~

cl Pol eplaled Igt thediwepancjao nolieoltI onnflclloon bo_ It-PhysicaI Slrlcgts and IIle Book Records oIlfIelevef material haoll bee~deallMIlhe booksolaccoons

3 ln~oIloarr

alThe ColrQan dunng he 18 ha$ taken ~ loarts 10m Coolanies isIed n toe RegISlel fII8IlIained Ofdmllll dfleCorapeniesId 1$6 dllSal3llanliillilt w11ree

b) respeetolloans and acMnces il1he oIloonsQbVthe Ccnplyt)any~sla1Iwheltesbpulatms havebeltln made partiesistilllls havegeneraly repaid the atnOIflli as 5jplaquo j oIterlanthose written Qll ltltrIng treyea

4 In OU opiI1ioo 8lId 1 Jollie io1omr8tion ilI1d ~ 10 us eee ae1ldeqJI1e i1temal 00fllr0I prooedures~wiIIllhe sizerJlhe ~ llIdlhe_rJcentS OOsiness lorthepurdlaseolstwes shymaterials irdJIlng 0CWfIP0IIIlls plant amp Ichiy ~ and olher _ and lorthe sale of llJXlS 8lId servilte ~ is regolalt intaking rorredM -eswtlenvll( major ~ in iJlemaI COOIrtIl are 0 31111lt1

5 InCUopnioo and accllI1Jing to lhe bull ottand explanatioos gven tous110 transaellOnwas madeb- purchase 01 goodsrodma_ arid salerJgood$ mariaIs 8lId_ III purwance 01Clllilaets (I 810ge0 l8IllS entered in the er malntaioad lfW Section 301 oIlhe CompaIieStltt 1956 andagrpgalilg o1rigtg the year III Rs 500(00Of more inrespecl ofeach Pall)

6 The Comparl~ has rd~ anydepolIbfrom the pubic inIl1IJIIIU 01 SecIoos 58A 58AAor anyolherflOyenanl prtlVlSlOIS ollhesa

7_lIOUI opiMln Company has lIrllrrlemai Auditsystem 000 lei0SInIeWIIh ltIs size and thefIIbe oflSbusJIess 8 AalmIlgt) iJIcIrmaIioo and egtpl3llllbOnS gigtO kI ustheCeMaI ~t has notprescnled 1eniInce 01

costrecudsulS209(1J (d)ollhe CMIpooieampAa 1956 bany~o1 lhe~ 9 Inrosped cl S1IIu1orydues

a) Arcming 10 Ihe reoords oIlheCorr(lany at 0UIWndng dIJes In respect of Providert Flft1 Etlploees Stale InslrarceWilst BengalVAT CervrnI SalesT- 1rgtCQme Taxes rmSI rknoiplII Tn F IorPolutioo Conlrol Tradii Wcense and tire liclne eamp haVl eeee paid du 2OOS-10

bl Aoord glo tile~ follJfId egtpIarIaIiom given 10 os 00~ or~ amets payablei1respecl aIiPlCtNTllltl sales au WSIOlTl5 OOly exose dulyordues peyIIbIe 10 any olher SaluloIy and II](Local ~

were oolStnli1gasat31 $I Marth2010loraperiodd rro-e tlao silt ~ from Ihedate theyeeeerepayaIW 10 The 8CWlIIAaIed losses oIlhe Company at theend oIlhe fio1niaI )Ilar a Ine= 01 its networth I has rcuml

caslliosses duIngtie l8 iIIIdalso inthe previous JnancIlII year 11 The ~ has notOOIaultedInPilyment rJltlues toany fnIIciaI lltllliortorbankorltlebeo1IUes tdders 12 In00 0lIlDl am ~ III the ~ an explanalion grven to us 00 loans an acMnces haYe boon

pliedbytie CompanyfS1 theblIsisrJ$lllUIIybyayorpledge ofshates debenIIresan OIlIer secuilies 13 In 00 opnoo the CorJImy is nor a chl bld or a r)(IlVrnutua fundIsooely Therefore daose 4 ( ~~I rJ the

Coo-nIianies IAuliIor$ ReJxx1) Odef200J ltd as amended upto-date iampnoI ~ IllheCompMy 14 mour opinion the Canpany has notrIeaIl or traded in shares ~ detlen1urelts aod 1lVeWnen$ ThBreliJIIl

clause 4 I) olIM CD-npanos (AWibs Reportl 0r0ar 2003 an 3$ _idad upIO-dala is ootaPflkable tl the

1S The ~ lias nol980 guaranleesfor loanslaIlten byotIer$ from BanksorFinanciallnSlillJllon$ 16 The~1l1asnot~ itlynew mm loans (Urg theyear- The Termloans OUlSlandllgallhe bullmiddotgrJthe

lUwasril 17 ~tc the formation an e~given 10 usandonan overaleaminalionol theBalaa Sheelal the ~ weare 0theopinionIN no $horImm1oarl$1Ia been usOO lor long IIm1 tl esIi IIII ltIS

18 lloong the yeartheCompany lias nor madeanyprelltmntial allotment rJsIllfts tl parIIeS and companies covered in theregf$(efmain~tJ~ 301 al theCompaniesAct 1956

1gThe Company lias nossuedany detlenIlIres during heY9i 20The Company lias notlta1Sed any money byway ofpubloc rssue dnIg tie yei1II

( 21 In ouropnion Ild laquoeortIngtc the iflformalion arld xpIinItiorl gwnlO us 00fraud onorbytIaCOIl8Y has ~

nlttioIld orfIPOII8d dumg ee year thtcauses thefinoncliI satamanl$ to bemalariaiymissaled

For RAJESH CHATURVEOI ampASSOCIATES Chaltta-d AClOInlmtt

RChatu-di

PIacIl Kal Dated 28lhMa- 2010 ~libeis1 shyNo529llI

--Balance Sheet as at 31- March 2010

SOURCES Of FUNDS SHAREttOUlERSmiddot FIJNO _ -

APPlICATlON Of F1JNDS csers

IM$--OlIlgto-=-o

shy

100479000 2 92680000

musUIlI

3 1~zn245

194272245

rot )9$411245

bull 321969 061 - 1410U6ll

ClJRRpoundNT ASSETS lOANS ADVAIiCESu bull __ C81t 8lai8-a I-t

Sbull

U~356 72152(1ll71tl610

n 1-sTUw)shycww

I bull (872lillllll

u eolor taaicn

nuoo NET CUIlREHTASSETS

-(21129111)

Pfl()fJT amp lOSS ACCOUa 2711Sotl$l

rc 3910431245

NOTESTO TIE ACCOUNTS 22 Thf~~ t1ooe bm iIf1 gal part1If he Ballnlo SheeI

In _ aI(Ill IIIllOI aloMn dale 8IIlIChed

tNrdgt]t 2Mlt

1al4790lXI

bull

muSllOID

211Jamp33ll8 21 ~ lA33ll$

( 1 S02 311

321J2OS]( 1S7 7llO 6GB 163929iI66

li3 t 2U amp6

01530 72152(7

11 213 701V

11576833

ro 1161233

16IU2(

4I S02

lor RIjMII ChIturvtd amp Anoc_ For Itgtd ~d

c_ shyA~i8b -e Kolall DaIId 2811 uy 20 10

C $ Cbcudhury KaII s aoptbull Viol 0- ow- bull bullshy

SK~ Gof-IFuIc~

---

--Profitamp loss Account for the yearended 31 - March 2010

Sd 1Wdl31 2010 INCOME Sale 0TltiiiPrtOoG cow klcJuampeI~) III SkIdlt 97l198 17878

135125ot

- shy

FQor gtlis OtlerII gtlisee-J

leoSOibullbulle-- -COW-SeAng amp Pnldua De I bullbullbullbullbull --Ilems aI ltIlmllle yNr

n

ts te rebull

11)49028 120932 m ~12J51

2fioI7454 195538 6928685 6 ~7ampM2

5861 892 2929647 921633 92216

16on064 13822019 aee 158ll3ll

ltm s

PROFTT I (lOSS) PnJlil I (los$) bebw ~ (330542 4)) (25040611 ) PIoo$(o b ~ - FBT (10400)

(33054243) (25111011)

J 17~20

(238383798) (21 31530011

(271 1SUS7) =

For IOJ Of )tNI d lIlo 8tgton1

C S Choudhury K1ijal Sengup~

Vici ClamIa-l C1IiimIM amp IIiIgtIIloWll Dnltlltrr

s KMukllopacfhyay -~IFn1naJJ amp~~

NOTES TO THE ACCOUf(fS

In IemIs 01 1M reptil 0 (MIl rIaIe attadleIl lor RajKh ChaluIYIIdI amp ~t5

R ClatucIi-Dated 28th May 2010

- - - ---

- - -

bull bull

SchedulesForming Part of 8a~ Shelaquo F AUI middot MM~312009~3121110

~

SHARE CAPITAL Auhoflllld -- shy~

lllilOIX~_ltJRsltl-_ 120000100 ampaooOOO

luued Subsaiblld Paid upJlIlIOIlIl~sr-ltJ Rs tgt-- fullllI Ult_- - - -shy

104909000 104900000 I Oli HICl Eqity Shno 0 ltl- YlI_b__ - 50ltI (lOO 5091000

- -11 o000DOO 110000000

- SharCI _1 A_ 1S21ooo 1521000

01419000 106479000

2 RESEIM SURPlUS roo ~-CapcentlIwbsidy (Gcwl Ql West Bengali 1SllOOOO 500000 _ 91 13000II 91l31ooo

9268ll000 92600000

2 UNSECURED LOANS From eeeesCorpaote 194272245 21 7343388

194272245 217343388

8 FIXEDASSETS tEPREClArntl _shy_~

~-~~

bullbull bullbull ~ bullbull bullbull bullbull= - l Ol20 ~ D1 [)I1IXamp _

111lllll1O 11Ollllili ~ -~ -

~ 1$1 -- ~ ~-

2lt W - rWlro til1 TampI s

_~

I~ _ ~ ZSO~13relt 21U8325DlgUO gt5~O IG lJ231ae 390428)1 lIJ I3 m~l08

920 -~ ]100) _113 Zl(lllll~-

ll~ SI2 T3 1J2 M~ -- - m ~ 511~

_ I RIiloo _133lt0 romiddot ~ 611811ll 1138lt20- I 11 oIol ~M- - _m

IIIlt shy-- l1t12I571 2400II l1t 1 51~ - ~ crbullbull 163mllRi m ~IO3ll -l2alte2to l2TnO510 1IJg6l5111 11Il22OW IU lIOlIOlI T83 mJl(lll

-~

18

-~-----------------------------

---------

Sehtdults Forming Partof Ba-- Shell

see INVENTORIES As -en-ee lyNuCl

shy--shy~r omooos _bull Clro- Sa eo CcocI Orooer Sa C llcUIIW

lMs PIIl_kw~c

CASK 8AHK BampLampCES c1It-_amp__ bull

cr~Sd

ocat b a- ( (00 _ 0-_1

LOMS ADVANCESbull shy~

1vJ ~_etl 0

II_Clfb_tlt_ AMrakwf = _b - FB7 (fY2IlllI-lI9l _ FS T -Y2llraquo- tI e-PLl

1Iwll ow F- ~ lane F- PClI _ Tax AI ~ InpIlIVlTIW bull

s CURRENT LIA8lLIT1ES PIlOVSlONS ACURRENT w8IUTIES0- _

bull SSJ lnt

-- shy- SeoIII) 0tpaM Reo 4 o8Cl

rMra F o-n- ~ IPl sad PaIl ~

bull~ FOR TAXAT10H FmlIlIInIM Tax

ts

IIIwcb 31 2m0 -

6111$ $ 681 fjl

U 1U5S 1991 53

119904163 ~n9~16

1l1527

2 ~ -

UOgt -

17 bull lgtS ~11

om SlD5 211503 ~ ~ ~

-

8718610

lt10901 S790 151 -wm

310(0) uo48ns_

( J MardI31 2Illll

shy21i21l6ll j$~1

~lSI

1( I1SOOJl2Z

11713 ~ 1795 11

12lsWshy

lW111

_137f

6913201i

2JOgt rea

1Ui

l12n1M

63522501

3100XI

11576)33

ro 70bull00

- -

--

- -

- - - -

SltheClIles f ormingPart d Profit amp LO$S Aceounl

10 SALES

-~- -- 11 OTHERItCQME11-[ melt

12 flaquolN OPERATING INCOItE LatIy lnt1en Ilad

13 RAW MATERIALS ~ Slcd01 Raw ~ Add PudiBse Duling he year

less ~ Stock IIntten 01

__ less ClJsrlg SOdl

15 UTIUTIS - POorCf amp fue l

FltnI8OOOiI shy_=00=4 of ~ 16 PEIlSCNtlEl EXPENSES

Salary Wa1eSEltgtlus ampExQlIJl wgtltl~

Co ConlrbJliorllll P ilIId E S I F fICmIrOW_~poundlC

Stl ffTffin~

LtWm 8 liwiIs

17 Olli ER EXPlNSES AlOIo FlernJnn1lO1 B3ltkCh Books amp Pto odicaigt ConsJlanc S service CtIatgts eooooo Diltectgtf Sitmg Fee Oonaion amp SltIbwEnt9llJirlrroerj bpelMl$

-- V endIltI ~ 1 200IIM~ J1 2010 h

- 2(6557 l4t64

lJl17li 457449 172899 _ - ciJ8S

420amp82

420amp82

~62U68 1441323 96691 l294m

2111359 21421 00 162n

2050~ 2742100 501554 2621168

_1~9 ~ 120132

194905 sbee 407285 ~

Zn1 1~ 412351

2320 ~J 751578 24367 17lt581

15379 ~

264745C 1guraquolIshy

OI0tTO S4lll292 370512 35096

17412 19J11 ~ 911 138 574902

6928ampamp5 - amp471gt12

1890~ -zsesm a 18793 4308amp5 29864 207818 152574

~40000 ~ ~

55189 ~

-_---------------------

--$lttdules Fonning Pillof Profit amp losl kwunl -

FIQlIy Fcnrc ~ RligisIi 01- shy shyPlIge amp_Ii Prning amp S -_ Wi _ t XD - shy

VIhdI a -

UidbullbullJ- 5aLJrtG amp PRODUCT DEVaOPllOO

Elwo_ 11_ C

e shy- shy CgtWltGES CIlCllfl CrdNc

middot~(IITOS bull CIlE$lDl-

shybullllII

ITE-s MllTTal on DURING THE tElR ~OIlIIe _ncIl11ngi1r___

21 AOAJSTlIENT llfLlnfG TO PREVIOUS lElRS ~~ToPt

---

IIIrdI 11 2lttO

293~ aeses 2013

3 67 37 37193

31 lOl

~

_~l-m

V

scs 2671

~

-- IampIrcII 31 20Ili

shy321581 271850

92 312102115875

~ 500 ease ~ mno10 ~ 3lrn

OW

eo ~

m me

nM

21

n IIOTU 0 ACCOtIITS Slttw- tlmnI prI die ilalfte srt1Il Istllllrchola nl PIlIIII amp 1JIIs-aul trn _ -1IlliIlI31YIrct2C 11

t Sifi_Ac bull shyt _1 8o$lS CFACCtIUN7JrIG Tht~ e p wl-MI_UlcstOll__l Ol atCIAIba5lSd~

C_ lIOltUSgqIUI)lfICl- i1b1el1l~ c__11IO

oonplyOllfltlt~~ ~ eolAaNIfSWdilnl) ~ 2lD6 puSUiRlc5ecbI211 (3C)1te eooesAcL 19561 lto6lmiI) Gle~ ~ ll _ (_ CAAPI ~andft~ pvmIOOS DIN r~-1956 Tht~ pJlIQeIl iQCQIlSISIonampyamplplledbyN~

12 USE Oa STIliAn The_n_of~~~OIIhGAN~~ lDmakelSllnllllC ~ fllIlllKttlt r8pI)1ed-td _aod- ltIIodocltre 01 ~ngenlliltlillIes

bullbullbull_dbgt ~ tol -l had pjoesrilrng IIMI ~ penxl ~~ 1IIilinaIIls b8sed l(lOII iitSmiddot be kloItIatunwl ~CIlUOJ

3 RXal USETS fI F_-iIl~ oxa oleUeoabIfII1oa 1C05IIICUlli5 IIIGUei llclir-wh tJitS-mcubullbull__

Ib)Tho~_rJbed _d__QnMj [ ~

laquob)i u lEPRfQA1JC

00 bull d -1_cnoodIl CIIIIriiIgb me ~ lillle-~ Slt1leOjo JNrJ ~AaI956 bullbullbull_

~ e-LCIII_~~ding 1efW _iii dlldl e-ertSaly~oo__ bull bull Ii middotded~r~4~_d_

15 MPARlllEtITF ~taehilllalCli SIlIlIll_iDl __ Ii CIIe__~

rldicIIt rt ifllleao_ ~ 01 bad _ lt1Plomgtooed N pa_ lCJsI le1 _toe lltT)lIlll_fII oIl1e ~ lib11 tJIJIIJ Cash GEsIili lN (CGU~Of ollelexceeds_1JIfiUt Tho__ Ii hi QIMkI d1lgte_net ~1IOIiI$_In~vaIle ~ hees~matad lltlft cosl lbw mUle use ollne aiiSs diIcounled 0 Ilelr Pfesenl_ 011 WIlltl_ M ompAtTIIMlllCJsl is~ j tt- _ --linllertlCOYlfalll onanlrld sunlrlss_OOIorgor_OfModicgtaw ~ Ioa l JlMnIIlterMa ~ tI N carrp1J -01- _ Mlil1 case d CGU

7 I Jok CIII~~

11 MfIlTORIES (___~ t_ ~ -cIII~d

~roolSldlel I ~-_aI _1ot-IIIDdQn5

~___~COIlf~plOdocII_oelDI n DbeJddampl7ampblgtIealll ColIiMlill- shy(bl- __- __~hsIoecgDCII2I --=lIl_dalilnnll

II ColI d a- ltIiel IItnIr _ pencil 01 _

~CllljO _

11 ~ a OGCOSTS amp0 g_hl~tI t Of~olhec __ iIo-t ~aolglgtltdgt_ _oWIOcoAI_dWgoltltJ~_

22

18 REVENUE RECOGNITlON ~ tom the$3Ie ~ goods(rouong TrllIi prodJctloo1 Ilottlesl IS ~ t4XJI passage 01 titleIe the cuslomen wtgtidl ~ _ Iheir ltIeliver) ~~ -y cui 01 gtltu ltifIe cIiimr 8lc altcOunlted rasand hey ~ fnaIydetlt1rmonod

19 PROVISIONSCOtITINGEl UABlUTIESAHDCOIffiNGENT ASSETS lalA pllOISIOn IS reoogrrised when theCUI1pal) tlas bull n-Jl otIIIgaoon as ~ 01 __ -l ~ ~ an CkIlkgtw 01 resource Of t ~ 10 $OllIe the ottgatiltJn in respect 01 wIldI ~ ~ _ be_ ProyenIIions are not diiowlId l)~ ~ ond a ~ -d (WI be5l OSlimate ~tl_ the abIigaIJooat he -e__ These _ atNd baJIIoce sIleel

d e -l~lO fllIoa lhe~~l~te

(h) Cootingenl labfllies ~ byY offICIIe5 IC (0) ConlingenlAwlz~ Y_egtlaquoepl lor lho purposed _ellol-

110 lEASE Sne 1(1_ has beenlICqIOrOO to-PCl ~~ l)pe 01wiI be deIenTwgted WI

~ 111 ACCOUNTlNGFORTAXESONINCOME

In-01 lilt lossb tie year ltJ1der revi Taxeson CuretC anIDeleltted Income have notansen

112 SEGMENTmiddotWlSE REPORTING The~eXltiJsiwe~ 1$ maruaeturinJ yenIll lI 0I V Fblsnl such in theopinocgtl Qfie Ibr1agemenl ttIil is lhlI (IIy lepo ~~ ampe9fIIlOl per AcclInng SllnIiard 17 on SegnetC Repor1lnt =oed by n - 01 Owtered AaxgtuntlolS or lnclol There 15 no ~ GeograpIwal segmenleithelt

111 EMPLOYEE BENEFITS (I) llelnod COOIlIbtlJon 10 prQIIidertfind ard empIo _ 0SlGII00 arediared Ie~ amp loss 1lCttUll 01 fill _ GleQlIIIrtbulions lOthe~ bIClS n 0JIlThere ate roo 0IheI 00lig81i0nI Ie Ihe eo IJIt I oe-er lIaI1 clJGb6Dn payable to therespecIMI-uy illIIIltntJes (b)Mninul1 _ or bonusasrgtcgotiated fmm n 10_ os lIo1W oCCOIJlted arc pood ClIIIl basis 0$1 -dQlllSlSlfrqt (0) No _ llInIIfit5lCthe~

Id) A molteltolco_ y_llerooIIin lhebmaigraUlyisllilllltraquo_ ed oncashbBSltl

1 _1~ POLICY ON EARNING PER SIWlf (alBMcNrnig persharelliltAlQ ~b)~lhetgtet~OIlossallet end rtude POSlIPeeclolany ~ ilem lor the peroltl IlItWtIlo Il~~ by lheweoghled ~_deqlJty shlIe wtsIMding dtgting ~ pergt)I1 ThegNed _ 01 equity share$ 0JISll0 tUroll tle PriOd In-fore_ fgtCiUdirIg a txnIs iDoJ tIatUI eleltnenI 3 right issue spill d __ or reverse tPl (1elXlISOIidaIiDn or_os) lito made dunng lteV-- (bl Forlto purpose or llIkulatJIJ ltlIuIod rmroJ per shire Ile Il8I prolil d ltJfl penod_ eqJfy 51eIclldelt n tie ~UltJef ofesQJDldo ltkngtg1MperiodInedforleellecls d II dilutive poIenIIIl d laquoJI- shy

115 PROVl$ION FOR TAXATIOti 13) Tax pense for1M)83 ~CUfeot ill ampdefMed isi1cloled Ie fIIt pltolit (lossl fortrleyeor (b)A~ IImadefortheCUTefIllagtbMlOlillIiltlOity(ltJmpU1ed 01 aoordancIe _ RlevariIlagt raIeSand ill A Pfl5lCl IS made fol cleIemclllDl for1rr9 ltttrerenltel rIsing and liCOJUOlg _ alarreotty Ofsubsl8I1Mjyenaded (e) ~ Igt-Is are ognised 0fIi) ~ _ is certainly 1l1111lhey wiI be INiZe6I1ld 1IOewedfollle~mm sheeld8led1letrIlspectivecarryolg_lIl11dlballiltllte

116 FOREIGNCURRENCYTllANSACTlON ~ applicableFltnql orn=nq lrrIsaGtiolls are accounleltl for at f1e elltolrlge rale prevaiing at the blttnsaction dilte Yearand mnetary assets and liahiitiesItIIoreignournrq are Ir3n$Iated allIle appHcaOie year end e chaoge ~andlIle ~ dilIeo elt ICe is eoognrsed $gaOl oo lorhe ytII

2 In tleopihJndlgtt~ Iho maM3llIe_ dlllaS$8l$[ eilherheentire~amp~ ling Ie 1rftVerwus Fbl ~~ tle0fIi) CGU cI ~ or Ile _ I tlNll l1Ier fIan tIo$e Ii respeclMCltlII)iniimlUllalLId1 assets no ~_IIason trgte Balance Sleel ltllte

lal Bank ~ fa 01 W8$l Be1l1 s_ ElltctncgtIy DioIiboIiltM ~ lid m

(h~ Claim agaiosIheComooy 0l0l ~ 3171849

(c)Oarn01 cerw ExCse CIuty InIer ApplrIl kI Trtlur8I no818

4 Asrc IleIeSlllls beenchargedOf1Ioler-Corpoltole~ he_lias flO beeoleswnatednj ~ n shys Partl OOIlfJrnlaliolt in respect 01 outslar1di~ balances JIr SuIlay DetbI Sltnlry Cltedl1DlS Lwns M~bo-on - inlrl OIIII$Idenolio1lh__

6 The Contrtd _ MI$ e- 81goroeemg 1M COo~adtA IISPObIe for Renovatlon wonlt at Fadlr was teminated dlIlI to pocI and sub-llarolard~ 01 wo1lt and maleliaIs At prtSeI1I hmalilt isurderfillg3lion

7 On iilllleial- ~lSioId CllIlridol~ djotlbyWs FreseruKab Pvt ttd (Fresenlus)1Iith eII8cI JrorIl ztSl Augull 2OOl5 fie -1t 01 ~ _ F-_ 1OImOa5e in cowetSion lthave Godown Iml Vat IDS tlfuMnl $aIIp by hit ~and~ of F-- has enuo oed UI~ cliIIe an no 8lUSImIIthas bftnmMI inherftIIIIld aaolIlIS thnfor

8 NJmaRECEVEOGAlNSTSALEOFPlANT ampMACH ~ E RY

At ~ tgty me Cornjgtony sctI--(dIi 000lt1 ~ -- amp FducalIon l id ~ JtImne _ oIRs 315 CtCQ edt ClIt ol Rs 612cnnsdUlWlg2009-10 iOJIinSl- 0111 Fluids 1Tl8I1~

maIonenes for wllCtlappmpriae resoIutioM -e passed tlf the- Companfs sharehllderson171tl ~ 201 0 Thoi Wesaid -m was ustd by he ~ IIMartlI ~~ 01 unseated kHI J-d from -conponieo

9 MIslment relathg to pr1lIioo ~ ear amounting to Rs 2157641middot ~ net 01 ~~ br Bank Gunnlee released by Bs1 ~ 10 R 7740121- party dsll bypro perod Alary Ib 37097shyrlIenlSl a-o dN)ood ~etarges etlt Rs 371 151middot01 N $arne year

10 MICROSWIILU tpoundDlllM ENTERPRIsES The COnpano hasflOl recewed Ifl IT 0 bull as IIqIJinld 10befledWIfIlhilllOllied ltlJlt(nIy UIMler 1le cro SrtalI JtId MecWn EnIefprioes ~M 200li c1a1Tlll19 tler S131S as00 31st March 2010 (and also 31st March 2(ll)9) rrntroSlIaIlard medlrnenlerprises~he_1Slicl payabIf klhlse dUIWIg_ l_~__l iS nl

11 The ~ III yet to fto -V adopI~ Standard 1S EmploY Benefits (lWes 20(5) issIed by ee 1nstilIJIl 01 ChaIltred AccoulItaols 0I1ndia ant deliilIed discIJslns reIaWli to Oefned Btnelil PIons couId FlO be fnidellollcrnonlS andRe9ortshy

12 RElAI ED PARTY DISClOS~RfS

DiscIoluesasreQUredJIaxulIilg Sagtd8Ill18aregoenbelow

LdofRm~~s

SenboEngneeMg Limited se KrojaI SenguptaErrOclln 81gi_oog Pvt lid -- shy8eeni I-IoIoifgs PIlI tid SnC S ChedMY

Dr Sll8IllaI 0lalCI1D0I1ySenboEnm ampPvt Lid SoFTarIp Kumr OVIkraOO1y Or Asilth Kumar Sengupta

-Trrnsactions with Related Parties duting 2009-201 0

Nature o u pses KeyManagementComj)lnics Personnel amp IWlati-u

(- lRs)

Expenses Ditedors Remuneralion Cullllllt ear ~ Nil

~ Nil

Dirnctorn SLtJIlg F Current lar- shy 40000 Previous at 2a COl Inoome

Electricity amp Diesel 71373

54358

Outstanding Balances onJ~ March 21)10

Unsecured teen CIIroIIt Year 1S4m245 Previous rilar 217343388

13 EAR~ I N GPER SHARE

Cumml Yn (Rs) Previous Year (Rs)

Net Profit I (Loss) after current and ~ tax Weghled Average

(33054243) 251 11011 1

Numtgter of Equity Shares 01 Ri 10eadlason 31()3-101 0 10647900 1O647OCXl

EamOngsPer Shale(BasicandDiluted) 14 FigUIeS to thepreltioos year tevebeen re-arranged and fe-9ouped ~ necessary

is Informatioo PlJfSllaI1l loNotllication UIIllerScheduleViofthe~rns Act1956 IAscertifiedbythelllartagement)

CIfIlInt Year

Oy INoofSoltMI 151 Annual Capacty _ PrOOLlClion

15 11 Used Capacrty 1aOOClOOO ~

1512 I rgt$~ Copltgtdty 18000000 ~

1513 TrialPrndLJClS of Irl1tlwenous FlJid _ MacIliroI upgradatlDr1

r p~~~ 157634 1178355

Saio oITrial FroducIs ol-shy 24244 206557

153 I -V FUds BottIos 191 18664

154 -shy IV FOIds Bottlogt 135309 990461

Pn0IS Year

INo_ oHloltles) IRs)

16000000 ~

18000000 ~

17878

~

1919 186amp4

-- --

CUrrtfltYtar shy- - (Moe-) -1 55 -- M5gt I PIWj G M M M M M M532 0_ lt0shy_~

GolI-ampO -- c_C_ -shy

1511 1572 sa-ls-o

-- -- -- -

- U - -- _ar shy_Cshy- - oW bull

~amp2 ---- M

bull bull bull_- -_ M

u uUm-- S bull bull

IS 5 12

0shy - a

1t11Pt a a-M

~

M- M

-

PCIY_- M M

M

1111 M

~~ 11

-

c

l

-

Informationpursuam to PartlYofSchemJItVIof the CompanilsAct 1956

B 1IceSl-fAbaraer_~~8U$-_

REGlSTRATlON DETAILS

~i No CJrI L 22 fTfTi( B I 9J r pT L o amp3Z 7a

llaIIAe Srleel DtIo l 3LlBpIl l amp11 oJ tl CAIIfAL RAISED DLRJ~G THE IEAIl (Arrioln Ra 000)

Pul iIlh I~ ~ Ilo1IIsaoi lonuI1saoe [l~N J t l PO$nOfII OF MllfIl 74TD1 AICl 0euroJlCmlEWT Of FUtClS AIoIIut Ik lDlI ___I bull~ f 5_1 kIII-- bull - -~ si shy

t1L ~ G 2aDi-l - shy- CIl frIJill ill-l412l1lJ ~oIFomds

lei Fuel A- [lj 41T[)l ojsJ ITDillJil Net ClmlIlt Assel5 [-r2T i~ 1_3ill j271T[SS]

N PERFORaLlHCE Of COlIIPAHY (Amwllll RsOOJ)

Tlnll1OII ITI2 -i L i lJIZ3 LL31middot~ r3Jl~~_

tJ3T( 1 57 a-LJ(Itl

GEHEltIC HAIlES OF 1fREf IRIHCIPll PROOUCTS

1 t _-FUds QV FUlls) CodIo No

2

3 NIL

ScheclJM 110 22 in siJed y Ihlllolowlg

~ RAJESH CMTUIlElllamp SSOOTES ~ I

bull 0-- di oIlW

SK_ DollId 2lIII1oIat_21110 -- ~IIIfl9r~ampe-~

CEOiCFO Certification

we 11- odbilljji led CU 8ijIlICbltt epacilieliISownn ampIotirIagrIg Dnaor (CEO) IFd Vice o-w (CfO) d soo~ lgtmed(ltgtoCornfrylOlMboltld ardbeIilIl oerIvtrlol-II) we live ~ ee lIIbltgtoamplinInciaI ~ noad wiIIlhe Cash FkM StaIIInWot d Senbo lnOlgtIneS Litnited

1orr-~3middotmiddotIlIntI2Cl0InlSllleNIl t81dart4 l _bIliIf (I Ibullbull de ngl ~ _ilIII Ibullbull or_ ~ lacI or_

lIOilSN1IblI tng _ ~1 __ 111_ I _-~-n_

~ iTa __

(tI) we _ lilbIsIdar if IId bIloII1lIIIlr1nIdOtlStrlIlllIICI tIle~ dUIrog

~_II1e~~arltAl bullbull ~lhe~eoaedCOtQcl

w lIodaN II illla~ d ed aJ onan 1Id C6 - Ked OQi lheCOdeolCcnltudilS~lPylN~_

(e) we UNr1ClllPC abIil beslilllIslqlnl l ODIlIroIIar 18Mll We heltdl ess d oornt sysIImS 01 CalgtanJ IIlilfnonl8 1ejO-- ~ tl tie 8IOIorI rdtlI AIdI COl_ I1olfio I(ies inle desIJl or oplIlllOi01such Itlma eortroII ~ any olwtJdwe arep3fllard stejlS takenorp-oposed 10 blIlallten b rlifov1g slICh oolioencie$

(d we_ tedanw_1MItlaIian tllha adnnllheALoltCo bull

(I Slfiji~~I onIefTaI~_~~ltUIlglher-

jiI Sy d8lJlI f ~-dellaWlg n lNllhe _ ~ lilNIrwlQiIl _

1 _Q$gl_f3UIl ~_=1- I Y gl bullbullbulleor ~I KlIenlhe~-~~-

M$Oillilllshy

c S Choudhuryvo-shy

~Iaqtion

~~tlIIulewr~Eta pnooad -09 (l l1ll(iildl-O_ 1le sma EAlw Ile eacle wbullbull SorirIr 1Mie Fwi lIIIIIlIoM oed eooue Code aJCcrWcl b III yelI endId 31$llllaodl

ForSoriIo hUres ~

shya- 1 bull V Dncb

28

-

-- - --

--

CA91FLOW $TJ1UlENT FOR THE YfJ~ BiDEDtiP IIAACM Z010 -- _shy1IIntltl 2f1

A calli FilM Inn e- gAdMliII5 - shyPdrllDaJrIaolt lD ~ l32ampl t 459 (251303971 ~bDocgt_ l$OnlIamp 134lZft9 ~PdlllJ bIbw IIoIIltlg ~CwlgII 16769 3S$) (1l JOl7I) (ro-~Wilrblil~ (Ottgtr tlan Cash-l CasI1 E~l 3amp521 301 (5510185) Cxh IO ~ fIvn 0parBli0ngt 221511006 116618564j Drreel T_PIId

l CnII FilM Opamng AlttiVitift 2215$il06 lU185641

II CUll Flow from Irwu~ng Acbrilies (248467) ~dr-lI8d~

nbiIg Fonogn etrq VinWI (29701199) ~farCl(lUl F~_

~ Net Call uMd ~ bullbull ~lI Adma

c e-Aoootr-f_ ~_ -edShn CCxlaI

PIgt --blsI tolt ugsReceJi_ d uo-nd u Oftrlb Slaw PrtIdoIl 01 pel ~

NatcII -cI in FNIICiol9 AcIvilieI l2107U43J NehlCi (cIao I lineal_ ~ ecuivaltnls1 8+lt1 (560~)

Oparong B-c orCallIand Cash EquiQIente 907371 eea CI~g BilInel of Cllh and Clsh Equivalanb W 907311

For ftOll_ dlho amp11

CS ClMufhury kIP ~ ob ow- cr amp~lrnIaIY

SIl II I I at Gewaf ~ amp~SfcreWy

bull AUDITORS CERT1ACATE

fila- roe _ QIIfl b e d sa8) MlUSTllIS LUTEDfarhe IlClt ended 31 wm 2010The 81_ beerl__ llr fl CcnopInJ awulIe row =eliIca 32li1il1lillAQl _ SIocIo ~_ _ _ __toBIIliIlaSIIIIMoI cnce CIIIfU-lrW1lIPJflb tliOld~

For gtASH CHATlfltD bull bull ssaxaTES ~laquogtIl ws

DeIeol- 28tl ~ 2010 PrtllU Ho~

29

~---------------~

BOOK POST

Senbo Industries Limited

Registered Office 87 l6fW1 Sarari KoIoaa 700013

Phone a33)2217 891516 Fax 033 2265 9485

Email senboindgmailcom Wilbsile wwwsenboindustriescom

Works KarbBla Sonarpur Station Road

KoIkata 700 103 Phone 033 2434 7339

Fax 033 2434 7341

Page 14: Sixteenth Annual Report 2009-10 - Bombay Stock ExchangeU8il. C8ncer R!sean::I'l lklil5 1il:l!l>tl1l 1lC. In8lldIlIor. lhe I!oItd_

--

--

Diol oI Sb Smiddotmiddot~raquol

bull 01 ToaoI SlIiiel C ~ltI 5110 lOll

a 101le 500 501 101000

UlOllO sooo 5001 10 10010 100011020000

a 200011050000

bull llUl01 101 OJ000

bull5

~ 00 00 1IIl r

ss 0 6211

a 00 n oro

O~ 01

bull Q

un

as OIl 11 ~ 2ln

T fo or ToaoI sushysea 0)1

OJgt 1022190

91 an

611655 ~ 169999

~

~

Z~

Z~

~zsoo

1101 SIIoIII S 1gt- of 1M~

_shyshyr-Pluo ~_shy-

shy

Foreq1~r

~IioIHI_s

61~100

lIZl00

sss

- 5

315S2 3394849

210299

-500

41101shy

az

bullbull t s o

100bull One bull jz 01~

ThI_~III~_OOOOP_ (1__29lgt~2O(I-t do ~1ICi9_e NStlOllI51l 2001 n aJSl illI -ltIIrIay 2m1 Tl3sl WitId 201O1le~ll driAzlo~b4 3801Ifot ltlCl8fool

-OUTSTampNDlNG GDR I ADR WARRANTS OR ANY CONVERnlllE INSTRUMENTS CONVERSlOtl DATE-ND lICELY IlPACTON EOlKTY

n~ -1lllI_ 1 GORIADR IWi15 1~ nswmentsanl hence lhn IS eo ~on re E~~aIhI~UIrgtltD oIIbcMOlStlmItlI$

- COCA SertIOhlushstmled KyenbIIL SovlUSIilIol Fad PO ~~ 100 103

ADDRESS FOR COAAESPOMOEMCE Forllnleo del 01 crollorqry -olllhn nlniIIIInrlll8lad laIied 5enbo~lhiItd 87UnIl s-~ 700 013 fue 03322178915 896 F 033m5911l5 22178917 E-IIl bw Jlu LillDIlIII - _~

AUDITORS REPORT ON CORPORATE GOVERNANCE TcltSha- It CIISenbo uIId 1 Wer-_ C UGh af ~aelfsnInlUroe$~b

Inlng 31S1wtf12010 flaeltf9a1hblnagodh~sxt Eoct 2 The_u dw rJw 1lMl 15 hesogtsblll dh_yenel CJI6 I

_Iiro-I tl~1II u ~b)h~bIIISlJII cubullbulla COidoo air COrpnII - M aid_ a E4I d on hOII 5t_d~

3 QIopIUI roIllI flit tc aI Ioo I kl10e V- tl _ adIIyh ~_wl4W w ~G z In__ 1IIl4Jbull We 1Ia __ grbullbullbullca REgiA amp Ston i C s shy_ d hi --a_CBIlIocl_ason 31S11oi1rttl21110 lO r-greaald9 1lJIOIIl_~bl~~tneoncnll

5 We adI ultr5IlIrIJIDIastlUewdfyd~ngr or bull I ~_amplel~tle~attgte~

For RAJESH CHATURVEOt ampASSOCIATES 0- __ bullbull

Itbull Po

~~~op No52a

AUDITORS REPORT

TO THE -WlFRS Of SENllONXJSTRESlMTpoundO

WI _uMild 80 SrIeeI d Serbllrlllustles InIIlM1Il3111 rlIrdI2l)10 r PrIllll l loI5Aalull lorlit liM IlIlIlil c--edarcI Cash Foo 51 161 lorh petllXI endIol on IltI dIltTt-ir8alI lolSnllel_d~118JI0u~ ~eonss Ol)irIoingn-kvOiI lolS-IonOlladl we _ ~OIIaltIIlIU AucInlSlirdanllge bull Ej hiiL n-StIi(laods Won ihel we plala petbm Ile kI ~~_illouI hlCiaI Ieare free d eA1IadolnUles_ bullbulliG-ona_tlaSII~Q~Ie_itld~

1hI1iN1rrili111 olSMallClUlecncUlls gOeaexDrCHhiCl(lllSllSIditldliUbullbullbulleoa I made by lIliiI8l8ieI III~ r0YIIlIli lrinIII $ e=-we belevelltlWlaDIptllOOde$l -onable lIISi5lorWI opirIion Wereportlhal 1 All ~ by he ~ I Report) QrIler 2003-ed by CefVII ~ SecIol

221(4A)oI the ~Ad 19$1fld bullbull1lIed YCJ~ we endosoe IIheAllnellft1 I 6donhe

ta

--

focltl iOjA4an1 5of1tlltI ~ 0rilPlt 2 Forttgtelt 10 oltsltOIIIITgtI1l intheAAnexUl1l refemld 0 inparagrapI1 1ilbove we ~ lhal

(sl We hIM obl3Ined ltII b i nj elQla OIlidl kllhe beol 0I llU IltIooIIeIlge and rae were oecessaoylolhegtUpo5eofcur~

(h)InQJr~OO prQ)(IbookJ ofoxountasreqUred bylaw hMebeen llteptblIe ~solaras~ rQm onllamplTlalioo dhose books

(c) The 8alance Sheetnj Proftamp loss Aoourlt 00aIl iMIl byh$ Report are inag SEll IiCIIwil1 the books ofilCCOUnt (d) InClI opioioo ee Balance Sheet ProIil amp lois Acoount amCash Pow ~ Odh IIfAacultng Slaodiods

rlIotfed inSectioI21l(3C)oI1h11 Coo IlpanAct 19$ ill solaraskSlardarlls Up1l llhle to he~

(ej 01111e DaIS0I11l11811 ~oIIltnl recellltllrcentm lho ~as oltl 31ltlllorch 1010 -IlakM onrecoltd by he Boanl of DirtctltlrS W8 rcoon ltIalnone rJ the DillJdors aAI ~ ason 31S datd12010 frJm beng appl)i1ltK1as DndI-ltOnlhe---g0l~27 4 (l)j)oIlIe ~Ad 195E

(~ In opioioo MIl III Ihe best QUI informata1 andaaorIlng to the ~lions lJnto us lheS3IC financial_r-d no_WIth It Silt1Nfgtanllatu1tingPciOe5inl subjello ~oI 11~~01 BoniS GralIiIy LltMI EroaslYrent lIrId~ reeeeee COl Sltsu-Ily )epoKCtfw3I UacicaI $lcrliSheltmlIIl101 wIidltaanotbeendee1millad Notbull bull regardlllgroorgt-chalt gingoiRelteSlCOllnter~ 8oowllIfroma~~ ~S on Pamptj~on Sorory~ampuy Aibs lIrIdlC8iSand~

~ oW lreganlilg~or_dwithMibull F Kbivt UltI tho_lO Notll egarding ~ oIAotoonIllgStandard 1$~6enefds nllle AIallWs

1gt1 bnirg pall 01 SdeduIe 22 flIllCI ~ -Mlh oiliernolM lheren giesfie rIorTnation ill ite mannerso -ec by 1he~Acl 1956andgivealreandlatr Iij Inhecase ofee Baiance ~OlllleSlaleoti1l1aQCorr4gtonY31 Motttt -00 (il 1iI he caeoflte ProilampLossAIC0Iltgte105$ for IIfyell elidedOIlltlat dale and fli) I Ihe case oftheCashAow Statement0thecash lowsoIthe ~ tJrlha lIaI eMed on lla1 dam

For RAJESH CHATURVEDI amp ASSOCIATES Chartared Accountants

RClgtatuMOi- Dateel 2811 May 2010 ~MobMMbullbullbullbull

ANNEXURE TOAUOIT(RS REPORT IReferrtd to iI Paragtliph I 0 _ RtjlOl

1 In respecl ofis flxedassets al The ~ te5 ~pIqlliI reortlosllllfl ful ~ ndodng qumtoIYe details anlsi=lion 01

FudAsselsonlhebasisolirlJrlnallon8Yaiible h) kgtorrIng to ee iobmaion ifld explanalions gWen tousee Fixelt Asm IaVe beer physIaIIy-t by the it~alreasonahle lIlIlVaIsand no_ClISCtlIaICle__ongtltdoYftrifalioon

c) II cu- opnon he ~ laS 001 cIspo$ed d subsIlniaI pall of fiMd assets dIIingIIIe yearanl thegoing ll)rOm $I31US oIllle CompenlIS flOI 8ffeced

2 In rl)Sped ol lllY8fl1lrie5 ailemiddot I IF Old II us ~ SIIri dlinlahad goods sbamp lllIamp ~ argtl raw itIiIlera6 exoejIl sIocls ththll

PIlies and IaIl5Il dal a ll phy$icIII~ verified byIIIeiNMgemeot al raasooarMe rlleltlaiS blmourLlJllllOll andaccoofug tIllhe ir1bmalictt 8Ild~~lolSlha proceVesolJttysica

II Adlts foIowed by ~ -abla argtl adequate rela01cent Ihf size d Iflt Coo1pany and lltueolils~

cl Pol eplaled Igt thediwepancjao nolieoltI onnflclloon bo_ It-PhysicaI Slrlcgts and IIle Book Records oIlfIelevef material haoll bee~deallMIlhe booksolaccoons

3 ln~oIloarr

alThe ColrQan dunng he 18 ha$ taken ~ loarts 10m Coolanies isIed n toe RegISlel fII8IlIained Ofdmllll dfleCorapeniesId 1$6 dllSal3llanliillilt w11ree

b) respeetolloans and acMnces il1he oIloonsQbVthe Ccnplyt)any~sla1Iwheltesbpulatms havebeltln made partiesistilllls havegeneraly repaid the atnOIflli as 5jplaquo j oIterlanthose written Qll ltltrIng treyea

4 In OU opiI1ioo 8lId 1 Jollie io1omr8tion ilI1d ~ 10 us eee ae1ldeqJI1e i1temal 00fllr0I prooedures~wiIIllhe sizerJlhe ~ llIdlhe_rJcentS OOsiness lorthepurdlaseolstwes shymaterials irdJIlng 0CWfIP0IIIlls plant amp Ichiy ~ and olher _ and lorthe sale of llJXlS 8lId servilte ~ is regolalt intaking rorredM -eswtlenvll( major ~ in iJlemaI COOIrtIl are 0 31111lt1

5 InCUopnioo and accllI1Jing to lhe bull ottand explanatioos gven tous110 transaellOnwas madeb- purchase 01 goodsrodma_ arid salerJgood$ mariaIs 8lId_ III purwance 01Clllilaets (I 810ge0 l8IllS entered in the er malntaioad lfW Section 301 oIlhe CompaIieStltt 1956 andagrpgalilg o1rigtg the year III Rs 500(00Of more inrespecl ofeach Pall)

6 The Comparl~ has rd~ anydepolIbfrom the pubic inIl1IJIIIU 01 SecIoos 58A 58AAor anyolherflOyenanl prtlVlSlOIS ollhesa

7_lIOUI opiMln Company has lIrllrrlemai Auditsystem 000 lei0SInIeWIIh ltIs size and thefIIbe oflSbusJIess 8 AalmIlgt) iJIcIrmaIioo and egtpl3llllbOnS gigtO kI ustheCeMaI ~t has notprescnled 1eniInce 01

costrecudsulS209(1J (d)ollhe CMIpooieampAa 1956 bany~o1 lhe~ 9 Inrosped cl S1IIu1orydues

a) Arcming 10 Ihe reoords oIlheCorr(lany at 0UIWndng dIJes In respect of Providert Flft1 Etlploees Stale InslrarceWilst BengalVAT CervrnI SalesT- 1rgtCQme Taxes rmSI rknoiplII Tn F IorPolutioo Conlrol Tradii Wcense and tire liclne eamp haVl eeee paid du 2OOS-10

bl Aoord glo tile~ follJfId egtpIarIaIiom given 10 os 00~ or~ amets payablei1respecl aIiPlCtNTllltl sales au WSIOlTl5 OOly exose dulyordues peyIIbIe 10 any olher SaluloIy and II](Local ~

were oolStnli1gasat31 $I Marth2010loraperiodd rro-e tlao silt ~ from Ihedate theyeeeerepayaIW 10 The 8CWlIIAaIed losses oIlhe Company at theend oIlhe fio1niaI )Ilar a Ine= 01 its networth I has rcuml

caslliosses duIngtie l8 iIIIdalso inthe previous JnancIlII year 11 The ~ has notOOIaultedInPilyment rJltlues toany fnIIciaI lltllliortorbankorltlebeo1IUes tdders 12 In00 0lIlDl am ~ III the ~ an explanalion grven to us 00 loans an acMnces haYe boon

pliedbytie CompanyfS1 theblIsisrJ$lllUIIybyayorpledge ofshates debenIIresan OIlIer secuilies 13 In 00 opnoo the CorJImy is nor a chl bld or a r)(IlVrnutua fundIsooely Therefore daose 4 ( ~~I rJ the

Coo-nIianies IAuliIor$ ReJxx1) Odef200J ltd as amended upto-date iampnoI ~ IllheCompMy 14 mour opinion the Canpany has notrIeaIl or traded in shares ~ detlen1urelts aod 1lVeWnen$ ThBreliJIIl

clause 4 I) olIM CD-npanos (AWibs Reportl 0r0ar 2003 an 3$ _idad upIO-dala is ootaPflkable tl the

1S The ~ lias nol980 guaranleesfor loanslaIlten byotIer$ from BanksorFinanciallnSlillJllon$ 16 The~1l1asnot~ itlynew mm loans (Urg theyear- The Termloans OUlSlandllgallhe bullmiddotgrJthe

lUwasril 17 ~tc the formation an e~given 10 usandonan overaleaminalionol theBalaa Sheelal the ~ weare 0theopinionIN no $horImm1oarl$1Ia been usOO lor long IIm1 tl esIi IIII ltIS

18 lloong the yeartheCompany lias nor madeanyprelltmntial allotment rJsIllfts tl parIIeS and companies covered in theregf$(efmain~tJ~ 301 al theCompaniesAct 1956

1gThe Company lias nossuedany detlenIlIres during heY9i 20The Company lias notlta1Sed any money byway ofpubloc rssue dnIg tie yei1II

( 21 In ouropnion Ild laquoeortIngtc the iflformalion arld xpIinItiorl gwnlO us 00fraud onorbytIaCOIl8Y has ~

nlttioIld orfIPOII8d dumg ee year thtcauses thefinoncliI satamanl$ to bemalariaiymissaled

For RAJESH CHATURVEOI ampASSOCIATES Chaltta-d AClOInlmtt

RChatu-di

PIacIl Kal Dated 28lhMa- 2010 ~libeis1 shyNo529llI

--Balance Sheet as at 31- March 2010

SOURCES Of FUNDS SHAREttOUlERSmiddot FIJNO _ -

APPlICATlON Of F1JNDS csers

IM$--OlIlgto-=-o

shy

100479000 2 92680000

musUIlI

3 1~zn245

194272245

rot )9$411245

bull 321969 061 - 1410U6ll

ClJRRpoundNT ASSETS lOANS ADVAIiCESu bull __ C81t 8lai8-a I-t

Sbull

U~356 72152(1ll71tl610

n 1-sTUw)shycww

I bull (872lillllll

u eolor taaicn

nuoo NET CUIlREHTASSETS

-(21129111)

Pfl()fJT amp lOSS ACCOUa 2711Sotl$l

rc 3910431245

NOTESTO TIE ACCOUNTS 22 Thf~~ t1ooe bm iIf1 gal part1If he Ballnlo SheeI

In _ aI(Ill IIIllOI aloMn dale 8IIlIChed

tNrdgt]t 2Mlt

1al4790lXI

bull

muSllOID

211Jamp33ll8 21 ~ lA33ll$

( 1 S02 311

321J2OS]( 1S7 7llO 6GB 163929iI66

li3 t 2U amp6

01530 72152(7

11 213 701V

11576833

ro 1161233

16IU2(

4I S02

lor RIjMII ChIturvtd amp Anoc_ For Itgtd ~d

c_ shyA~i8b -e Kolall DaIId 2811 uy 20 10

C $ Cbcudhury KaII s aoptbull Viol 0- ow- bull bullshy

SK~ Gof-IFuIc~

---

--Profitamp loss Account for the yearended 31 - March 2010

Sd 1Wdl31 2010 INCOME Sale 0TltiiiPrtOoG cow klcJuampeI~) III SkIdlt 97l198 17878

135125ot

- shy

FQor gtlis OtlerII gtlisee-J

leoSOibullbulle-- -COW-SeAng amp Pnldua De I bullbullbullbullbull --Ilems aI ltIlmllle yNr

n

ts te rebull

11)49028 120932 m ~12J51

2fioI7454 195538 6928685 6 ~7ampM2

5861 892 2929647 921633 92216

16on064 13822019 aee 158ll3ll

ltm s

PROFTT I (lOSS) PnJlil I (los$) bebw ~ (330542 4)) (25040611 ) PIoo$(o b ~ - FBT (10400)

(33054243) (25111011)

J 17~20

(238383798) (21 31530011

(271 1SUS7) =

For IOJ Of )tNI d lIlo 8tgton1

C S Choudhury K1ijal Sengup~

Vici ClamIa-l C1IiimIM amp IIiIgtIIloWll Dnltlltrr

s KMukllopacfhyay -~IFn1naJJ amp~~

NOTES TO THE ACCOUf(fS

In IemIs 01 1M reptil 0 (MIl rIaIe attadleIl lor RajKh ChaluIYIIdI amp ~t5

R ClatucIi-Dated 28th May 2010

- - - ---

- - -

bull bull

SchedulesForming Part of 8a~ Shelaquo F AUI middot MM~312009~3121110

~

SHARE CAPITAL Auhoflllld -- shy~

lllilOIX~_ltJRsltl-_ 120000100 ampaooOOO

luued Subsaiblld Paid upJlIlIOIlIl~sr-ltJ Rs tgt-- fullllI Ult_- - - -shy

104909000 104900000 I Oli HICl Eqity Shno 0 ltl- YlI_b__ - 50ltI (lOO 5091000

- -11 o000DOO 110000000

- SharCI _1 A_ 1S21ooo 1521000

01419000 106479000

2 RESEIM SURPlUS roo ~-CapcentlIwbsidy (Gcwl Ql West Bengali 1SllOOOO 500000 _ 91 13000II 91l31ooo

9268ll000 92600000

2 UNSECURED LOANS From eeeesCorpaote 194272245 21 7343388

194272245 217343388

8 FIXEDASSETS tEPREClArntl _shy_~

~-~~

bullbull bullbull ~ bullbull bullbull bullbull= - l Ol20 ~ D1 [)I1IXamp _

111lllll1O 11Ollllili ~ -~ -

~ 1$1 -- ~ ~-

2lt W - rWlro til1 TampI s

_~

I~ _ ~ ZSO~13relt 21U8325DlgUO gt5~O IG lJ231ae 390428)1 lIJ I3 m~l08

920 -~ ]100) _113 Zl(lllll~-

ll~ SI2 T3 1J2 M~ -- - m ~ 511~

_ I RIiloo _133lt0 romiddot ~ 611811ll 1138lt20- I 11 oIol ~M- - _m

IIIlt shy-- l1t12I571 2400II l1t 1 51~ - ~ crbullbull 163mllRi m ~IO3ll -l2alte2to l2TnO510 1IJg6l5111 11Il22OW IU lIOlIOlI T83 mJl(lll

-~

18

-~-----------------------------

---------

Sehtdults Forming Partof Ba-- Shell

see INVENTORIES As -en-ee lyNuCl

shy--shy~r omooos _bull Clro- Sa eo CcocI Orooer Sa C llcUIIW

lMs PIIl_kw~c

CASK 8AHK BampLampCES c1It-_amp__ bull

cr~Sd

ocat b a- ( (00 _ 0-_1

LOMS ADVANCESbull shy~

1vJ ~_etl 0

II_Clfb_tlt_ AMrakwf = _b - FB7 (fY2IlllI-lI9l _ FS T -Y2llraquo- tI e-PLl

1Iwll ow F- ~ lane F- PClI _ Tax AI ~ InpIlIVlTIW bull

s CURRENT LIA8lLIT1ES PIlOVSlONS ACURRENT w8IUTIES0- _

bull SSJ lnt

-- shy- SeoIII) 0tpaM Reo 4 o8Cl

rMra F o-n- ~ IPl sad PaIl ~

bull~ FOR TAXAT10H FmlIlIInIM Tax

ts

IIIwcb 31 2m0 -

6111$ $ 681 fjl

U 1U5S 1991 53

119904163 ~n9~16

1l1527

2 ~ -

UOgt -

17 bull lgtS ~11

om SlD5 211503 ~ ~ ~

-

8718610

lt10901 S790 151 -wm

310(0) uo48ns_

( J MardI31 2Illll

shy21i21l6ll j$~1

~lSI

1( I1SOOJl2Z

11713 ~ 1795 11

12lsWshy

lW111

_137f

6913201i

2JOgt rea

1Ui

l12n1M

63522501

3100XI

11576)33

ro 70bull00

- -

--

- -

- - - -

SltheClIles f ormingPart d Profit amp LO$S Aceounl

10 SALES

-~- -- 11 OTHERItCQME11-[ melt

12 flaquolN OPERATING INCOItE LatIy lnt1en Ilad

13 RAW MATERIALS ~ Slcd01 Raw ~ Add PudiBse Duling he year

less ~ Stock IIntten 01

__ less ClJsrlg SOdl

15 UTIUTIS - POorCf amp fue l

FltnI8OOOiI shy_=00=4 of ~ 16 PEIlSCNtlEl EXPENSES

Salary Wa1eSEltgtlus ampExQlIJl wgtltl~

Co ConlrbJliorllll P ilIId E S I F fICmIrOW_~poundlC

Stl ffTffin~

LtWm 8 liwiIs

17 Olli ER EXPlNSES AlOIo FlernJnn1lO1 B3ltkCh Books amp Pto odicaigt ConsJlanc S service CtIatgts eooooo Diltectgtf Sitmg Fee Oonaion amp SltIbwEnt9llJirlrroerj bpelMl$

-- V endIltI ~ 1 200IIM~ J1 2010 h

- 2(6557 l4t64

lJl17li 457449 172899 _ - ciJ8S

420amp82

420amp82

~62U68 1441323 96691 l294m

2111359 21421 00 162n

2050~ 2742100 501554 2621168

_1~9 ~ 120132

194905 sbee 407285 ~

Zn1 1~ 412351

2320 ~J 751578 24367 17lt581

15379 ~

264745C 1guraquolIshy

OI0tTO S4lll292 370512 35096

17412 19J11 ~ 911 138 574902

6928ampamp5 - amp471gt12

1890~ -zsesm a 18793 4308amp5 29864 207818 152574

~40000 ~ ~

55189 ~

-_---------------------

--$lttdules Fonning Pillof Profit amp losl kwunl -

FIQlIy Fcnrc ~ RligisIi 01- shy shyPlIge amp_Ii Prning amp S -_ Wi _ t XD - shy

VIhdI a -

UidbullbullJ- 5aLJrtG amp PRODUCT DEVaOPllOO

Elwo_ 11_ C

e shy- shy CgtWltGES CIlCllfl CrdNc

middot~(IITOS bull CIlE$lDl-

shybullllII

ITE-s MllTTal on DURING THE tElR ~OIlIIe _ncIl11ngi1r___

21 AOAJSTlIENT llfLlnfG TO PREVIOUS lElRS ~~ToPt

---

IIIrdI 11 2lttO

293~ aeses 2013

3 67 37 37193

31 lOl

~

_~l-m

V

scs 2671

~

-- IampIrcII 31 20Ili

shy321581 271850

92 312102115875

~ 500 ease ~ mno10 ~ 3lrn

OW

eo ~

m me

nM

21

n IIOTU 0 ACCOtIITS Slttw- tlmnI prI die ilalfte srt1Il Istllllrchola nl PIlIIII amp 1JIIs-aul trn _ -1IlliIlI31YIrct2C 11

t Sifi_Ac bull shyt _1 8o$lS CFACCtIUN7JrIG Tht~ e p wl-MI_UlcstOll__l Ol atCIAIba5lSd~

C_ lIOltUSgqIUI)lfICl- i1b1el1l~ c__11IO

oonplyOllfltlt~~ ~ eolAaNIfSWdilnl) ~ 2lD6 puSUiRlc5ecbI211 (3C)1te eooesAcL 19561 lto6lmiI) Gle~ ~ ll _ (_ CAAPI ~andft~ pvmIOOS DIN r~-1956 Tht~ pJlIQeIl iQCQIlSISIonampyamplplledbyN~

12 USE Oa STIliAn The_n_of~~~OIIhGAN~~ lDmakelSllnllllC ~ fllIlllKttlt r8pI)1ed-td _aod- ltIIodocltre 01 ~ngenlliltlillIes

bullbullbull_dbgt ~ tol -l had pjoesrilrng IIMI ~ penxl ~~ 1IIilinaIIls b8sed l(lOII iitSmiddot be kloItIatunwl ~CIlUOJ

3 RXal USETS fI F_-iIl~ oxa oleUeoabIfII1oa 1C05IIICUlli5 IIIGUei llclir-wh tJitS-mcubullbull__

Ib)Tho~_rJbed _d__QnMj [ ~

laquob)i u lEPRfQA1JC

00 bull d -1_cnoodIl CIIIIriiIgb me ~ lillle-~ Slt1leOjo JNrJ ~AaI956 bullbullbull_

~ e-LCIII_~~ding 1efW _iii dlldl e-ertSaly~oo__ bull bull Ii middotded~r~4~_d_

15 MPARlllEtITF ~taehilllalCli SIlIlIll_iDl __ Ii CIIe__~

rldicIIt rt ifllleao_ ~ 01 bad _ lt1Plomgtooed N pa_ lCJsI le1 _toe lltT)lIlll_fII oIl1e ~ lib11 tJIJIIJ Cash GEsIili lN (CGU~Of ollelexceeds_1JIfiUt Tho__ Ii hi QIMkI d1lgte_net ~1IOIiI$_In~vaIle ~ hees~matad lltlft cosl lbw mUle use ollne aiiSs diIcounled 0 Ilelr Pfesenl_ 011 WIlltl_ M ompAtTIIMlllCJsl is~ j tt- _ --linllertlCOYlfalll onanlrld sunlrlss_OOIorgor_OfModicgtaw ~ Ioa l JlMnIIlterMa ~ tI N carrp1J -01- _ Mlil1 case d CGU

7 I Jok CIII~~

11 MfIlTORIES (___~ t_ ~ -cIII~d

~roolSldlel I ~-_aI _1ot-IIIDdQn5

~___~COIlf~plOdocII_oelDI n DbeJddampl7ampblgtIealll ColIiMlill- shy(bl- __- __~hsIoecgDCII2I --=lIl_dalilnnll

II ColI d a- ltIiel IItnIr _ pencil 01 _

~CllljO _

11 ~ a OGCOSTS amp0 g_hl~tI t Of~olhec __ iIo-t ~aolglgtltdgt_ _oWIOcoAI_dWgoltltJ~_

22

18 REVENUE RECOGNITlON ~ tom the$3Ie ~ goods(rouong TrllIi prodJctloo1 Ilottlesl IS ~ t4XJI passage 01 titleIe the cuslomen wtgtidl ~ _ Iheir ltIeliver) ~~ -y cui 01 gtltu ltifIe cIiimr 8lc altcOunlted rasand hey ~ fnaIydetlt1rmonod

19 PROVISIONSCOtITINGEl UABlUTIESAHDCOIffiNGENT ASSETS lalA pllOISIOn IS reoogrrised when theCUI1pal) tlas bull n-Jl otIIIgaoon as ~ 01 __ -l ~ ~ an CkIlkgtw 01 resource Of t ~ 10 $OllIe the ottgatiltJn in respect 01 wIldI ~ ~ _ be_ ProyenIIions are not diiowlId l)~ ~ ond a ~ -d (WI be5l OSlimate ~tl_ the abIigaIJooat he -e__ These _ atNd baJIIoce sIleel

d e -l~lO fllIoa lhe~~l~te

(h) Cootingenl labfllies ~ byY offICIIe5 IC (0) ConlingenlAwlz~ Y_egtlaquoepl lor lho purposed _ellol-

110 lEASE Sne 1(1_ has beenlICqIOrOO to-PCl ~~ l)pe 01wiI be deIenTwgted WI

~ 111 ACCOUNTlNGFORTAXESONINCOME

In-01 lilt lossb tie year ltJ1der revi Taxeson CuretC anIDeleltted Income have notansen

112 SEGMENTmiddotWlSE REPORTING The~eXltiJsiwe~ 1$ maruaeturinJ yenIll lI 0I V Fblsnl such in theopinocgtl Qfie Ibr1agemenl ttIil is lhlI (IIy lepo ~~ ampe9fIIlOl per AcclInng SllnIiard 17 on SegnetC Repor1lnt =oed by n - 01 Owtered AaxgtuntlolS or lnclol There 15 no ~ GeograpIwal segmenleithelt

111 EMPLOYEE BENEFITS (I) llelnod COOIlIbtlJon 10 prQIIidertfind ard empIo _ 0SlGII00 arediared Ie~ amp loss 1lCttUll 01 fill _ GleQlIIIrtbulions lOthe~ bIClS n 0JIlThere ate roo 0IheI 00lig81i0nI Ie Ihe eo IJIt I oe-er lIaI1 clJGb6Dn payable to therespecIMI-uy illIIIltntJes (b)Mninul1 _ or bonusasrgtcgotiated fmm n 10_ os lIo1W oCCOIJlted arc pood ClIIIl basis 0$1 -dQlllSlSlfrqt (0) No _ llInIIfit5lCthe~

Id) A molteltolco_ y_llerooIIin lhebmaigraUlyisllilllltraquo_ ed oncashbBSltl

1 _1~ POLICY ON EARNING PER SIWlf (alBMcNrnig persharelliltAlQ ~b)~lhetgtet~OIlossallet end rtude POSlIPeeclolany ~ ilem lor the peroltl IlItWtIlo Il~~ by lheweoghled ~_deqlJty shlIe wtsIMding dtgting ~ pergt)I1 ThegNed _ 01 equity share$ 0JISll0 tUroll tle PriOd In-fore_ fgtCiUdirIg a txnIs iDoJ tIatUI eleltnenI 3 right issue spill d __ or reverse tPl (1elXlISOIidaIiDn or_os) lito made dunng lteV-- (bl Forlto purpose or llIkulatJIJ ltlIuIod rmroJ per shire Ile Il8I prolil d ltJfl penod_ eqJfy 51eIclldelt n tie ~UltJef ofesQJDldo ltkngtg1MperiodInedforleellecls d II dilutive poIenIIIl d laquoJI- shy

115 PROVl$ION FOR TAXATIOti 13) Tax pense for1M)83 ~CUfeot ill ampdefMed isi1cloled Ie fIIt pltolit (lossl fortrleyeor (b)A~ IImadefortheCUTefIllagtbMlOlillIiltlOity(ltJmpU1ed 01 aoordancIe _ RlevariIlagt raIeSand ill A Pfl5lCl IS made fol cleIemclllDl for1rr9 ltttrerenltel rIsing and liCOJUOlg _ alarreotty Ofsubsl8I1Mjyenaded (e) ~ Igt-Is are ognised 0fIi) ~ _ is certainly 1l1111lhey wiI be INiZe6I1ld 1IOewedfollle~mm sheeld8led1letrIlspectivecarryolg_lIl11dlballiltllte

116 FOREIGNCURRENCYTllANSACTlON ~ applicableFltnql orn=nq lrrIsaGtiolls are accounleltl for at f1e elltolrlge rale prevaiing at the blttnsaction dilte Yearand mnetary assets and liahiitiesItIIoreignournrq are Ir3n$Iated allIle appHcaOie year end e chaoge ~andlIle ~ dilIeo elt ICe is eoognrsed $gaOl oo lorhe ytII

2 In tleopihJndlgtt~ Iho maM3llIe_ dlllaS$8l$[ eilherheentire~amp~ ling Ie 1rftVerwus Fbl ~~ tle0fIi) CGU cI ~ or Ile _ I tlNll l1Ier fIan tIo$e Ii respeclMCltlII)iniimlUllalLId1 assets no ~_IIason trgte Balance Sleel ltllte

lal Bank ~ fa 01 W8$l Be1l1 s_ ElltctncgtIy DioIiboIiltM ~ lid m

(h~ Claim agaiosIheComooy 0l0l ~ 3171849

(c)Oarn01 cerw ExCse CIuty InIer ApplrIl kI Trtlur8I no818

4 Asrc IleIeSlllls beenchargedOf1Ioler-Corpoltole~ he_lias flO beeoleswnatednj ~ n shys Partl OOIlfJrnlaliolt in respect 01 outslar1di~ balances JIr SuIlay DetbI Sltnlry Cltedl1DlS Lwns M~bo-on - inlrl OIIII$Idenolio1lh__

6 The Contrtd _ MI$ e- 81goroeemg 1M COo~adtA IISPObIe for Renovatlon wonlt at Fadlr was teminated dlIlI to pocI and sub-llarolard~ 01 wo1lt and maleliaIs At prtSeI1I hmalilt isurderfillg3lion

7 On iilllleial- ~lSioId CllIlridol~ djotlbyWs FreseruKab Pvt ttd (Fresenlus)1Iith eII8cI JrorIl ztSl Augull 2OOl5 fie -1t 01 ~ _ F-_ 1OImOa5e in cowetSion lthave Godown Iml Vat IDS tlfuMnl $aIIp by hit ~and~ of F-- has enuo oed UI~ cliIIe an no 8lUSImIIthas bftnmMI inherftIIIIld aaolIlIS thnfor

8 NJmaRECEVEOGAlNSTSALEOFPlANT ampMACH ~ E RY

At ~ tgty me Cornjgtony sctI--(dIi 000lt1 ~ -- amp FducalIon l id ~ JtImne _ oIRs 315 CtCQ edt ClIt ol Rs 612cnnsdUlWlg2009-10 iOJIinSl- 0111 Fluids 1Tl8I1~

maIonenes for wllCtlappmpriae resoIutioM -e passed tlf the- Companfs sharehllderson171tl ~ 201 0 Thoi Wesaid -m was ustd by he ~ IIMartlI ~~ 01 unseated kHI J-d from -conponieo

9 MIslment relathg to pr1lIioo ~ ear amounting to Rs 2157641middot ~ net 01 ~~ br Bank Gunnlee released by Bs1 ~ 10 R 7740121- party dsll bypro perod Alary Ib 37097shyrlIenlSl a-o dN)ood ~etarges etlt Rs 371 151middot01 N $arne year

10 MICROSWIILU tpoundDlllM ENTERPRIsES The COnpano hasflOl recewed Ifl IT 0 bull as IIqIJinld 10befledWIfIlhilllOllied ltlJlt(nIy UIMler 1le cro SrtalI JtId MecWn EnIefprioes ~M 200li c1a1Tlll19 tler S131S as00 31st March 2010 (and also 31st March 2(ll)9) rrntroSlIaIlard medlrnenlerprises~he_1Slicl payabIf klhlse dUIWIg_ l_~__l iS nl

11 The ~ III yet to fto -V adopI~ Standard 1S EmploY Benefits (lWes 20(5) issIed by ee 1nstilIJIl 01 ChaIltred AccoulItaols 0I1ndia ant deliilIed discIJslns reIaWli to Oefned Btnelil PIons couId FlO be fnidellollcrnonlS andRe9ortshy

12 RElAI ED PARTY DISClOS~RfS

DiscIoluesasreQUredJIaxulIilg Sagtd8Ill18aregoenbelow

LdofRm~~s

SenboEngneeMg Limited se KrojaI SenguptaErrOclln 81gi_oog Pvt lid -- shy8eeni I-IoIoifgs PIlI tid SnC S ChedMY

Dr Sll8IllaI 0lalCI1D0I1ySenboEnm ampPvt Lid SoFTarIp Kumr OVIkraOO1y Or Asilth Kumar Sengupta

-Trrnsactions with Related Parties duting 2009-201 0

Nature o u pses KeyManagementComj)lnics Personnel amp IWlati-u

(- lRs)

Expenses Ditedors Remuneralion Cullllllt ear ~ Nil

~ Nil

Dirnctorn SLtJIlg F Current lar- shy 40000 Previous at 2a COl Inoome

Electricity amp Diesel 71373

54358

Outstanding Balances onJ~ March 21)10

Unsecured teen CIIroIIt Year 1S4m245 Previous rilar 217343388

13 EAR~ I N GPER SHARE

Cumml Yn (Rs) Previous Year (Rs)

Net Profit I (Loss) after current and ~ tax Weghled Average

(33054243) 251 11011 1

Numtgter of Equity Shares 01 Ri 10eadlason 31()3-101 0 10647900 1O647OCXl

EamOngsPer Shale(BasicandDiluted) 14 FigUIeS to thepreltioos year tevebeen re-arranged and fe-9ouped ~ necessary

is Informatioo PlJfSllaI1l loNotllication UIIllerScheduleViofthe~rns Act1956 IAscertifiedbythelllartagement)

CIfIlInt Year

Oy INoofSoltMI 151 Annual Capacty _ PrOOLlClion

15 11 Used Capacrty 1aOOClOOO ~

1512 I rgt$~ Copltgtdty 18000000 ~

1513 TrialPrndLJClS of Irl1tlwenous FlJid _ MacIliroI upgradatlDr1

r p~~~ 157634 1178355

Saio oITrial FroducIs ol-shy 24244 206557

153 I -V FUds BottIos 191 18664

154 -shy IV FOIds Bottlogt 135309 990461

Pn0IS Year

INo_ oHloltles) IRs)

16000000 ~

18000000 ~

17878

~

1919 186amp4

-- --

CUrrtfltYtar shy- - (Moe-) -1 55 -- M5gt I PIWj G M M M M M M532 0_ lt0shy_~

GolI-ampO -- c_C_ -shy

1511 1572 sa-ls-o

-- -- -- -

- U - -- _ar shy_Cshy- - oW bull

~amp2 ---- M

bull bull bull_- -_ M

u uUm-- S bull bull

IS 5 12

0shy - a

1t11Pt a a-M

~

M- M

-

PCIY_- M M

M

1111 M

~~ 11

-

c

l

-

Informationpursuam to PartlYofSchemJItVIof the CompanilsAct 1956

B 1IceSl-fAbaraer_~~8U$-_

REGlSTRATlON DETAILS

~i No CJrI L 22 fTfTi( B I 9J r pT L o amp3Z 7a

llaIIAe Srleel DtIo l 3LlBpIl l amp11 oJ tl CAIIfAL RAISED DLRJ~G THE IEAIl (Arrioln Ra 000)

Pul iIlh I~ ~ Ilo1IIsaoi lonuI1saoe [l~N J t l PO$nOfII OF MllfIl 74TD1 AICl 0euroJlCmlEWT Of FUtClS AIoIIut Ik lDlI ___I bull~ f 5_1 kIII-- bull - -~ si shy

t1L ~ G 2aDi-l - shy- CIl frIJill ill-l412l1lJ ~oIFomds

lei Fuel A- [lj 41T[)l ojsJ ITDillJil Net ClmlIlt Assel5 [-r2T i~ 1_3ill j271T[SS]

N PERFORaLlHCE Of COlIIPAHY (Amwllll RsOOJ)

Tlnll1OII ITI2 -i L i lJIZ3 LL31middot~ r3Jl~~_

tJ3T( 1 57 a-LJ(Itl

GEHEltIC HAIlES OF 1fREf IRIHCIPll PROOUCTS

1 t _-FUds QV FUlls) CodIo No

2

3 NIL

ScheclJM 110 22 in siJed y Ihlllolowlg

~ RAJESH CMTUIlElllamp SSOOTES ~ I

bull 0-- di oIlW

SK_ DollId 2lIII1oIat_21110 -- ~IIIfl9r~ampe-~

CEOiCFO Certification

we 11- odbilljji led CU 8ijIlICbltt epacilieliISownn ampIotirIagrIg Dnaor (CEO) IFd Vice o-w (CfO) d soo~ lgtmed(ltgtoCornfrylOlMboltld ardbeIilIl oerIvtrlol-II) we live ~ ee lIIbltgtoamplinInciaI ~ noad wiIIlhe Cash FkM StaIIInWot d Senbo lnOlgtIneS Litnited

1orr-~3middotmiddotIlIntI2Cl0InlSllleNIl t81dart4 l _bIliIf (I Ibullbull de ngl ~ _ilIII Ibullbull or_ ~ lacI or_

lIOilSN1IblI tng _ ~1 __ 111_ I _-~-n_

~ iTa __

(tI) we _ lilbIsIdar if IId bIloII1lIIIlr1nIdOtlStrlIlllIICI tIle~ dUIrog

~_II1e~~arltAl bullbull ~lhe~eoaedCOtQcl

w lIodaN II illla~ d ed aJ onan 1Id C6 - Ked OQi lheCOdeolCcnltudilS~lPylN~_

(e) we UNr1ClllPC abIil beslilllIslqlnl l ODIlIroIIar 18Mll We heltdl ess d oornt sysIImS 01 CalgtanJ IIlilfnonl8 1ejO-- ~ tl tie 8IOIorI rdtlI AIdI COl_ I1olfio I(ies inle desIJl or oplIlllOi01such Itlma eortroII ~ any olwtJdwe arep3fllard stejlS takenorp-oposed 10 blIlallten b rlifov1g slICh oolioencie$

(d we_ tedanw_1MItlaIian tllha adnnllheALoltCo bull

(I Slfiji~~I onIefTaI~_~~ltUIlglher-

jiI Sy d8lJlI f ~-dellaWlg n lNllhe _ ~ lilNIrwlQiIl _

1 _Q$gl_f3UIl ~_=1- I Y gl bullbullbulleor ~I KlIenlhe~-~~-

M$Oillilllshy

c S Choudhuryvo-shy

~Iaqtion

~~tlIIulewr~Eta pnooad -09 (l l1ll(iildl-O_ 1le sma EAlw Ile eacle wbullbull SorirIr 1Mie Fwi lIIIIIlIoM oed eooue Code aJCcrWcl b III yelI endId 31$llllaodl

ForSoriIo hUres ~

shya- 1 bull V Dncb

28

-

-- - --

--

CA91FLOW $TJ1UlENT FOR THE YfJ~ BiDEDtiP IIAACM Z010 -- _shy1IIntltl 2f1

A calli FilM Inn e- gAdMliII5 - shyPdrllDaJrIaolt lD ~ l32ampl t 459 (251303971 ~bDocgt_ l$OnlIamp 134lZft9 ~PdlllJ bIbw IIoIIltlg ~CwlgII 16769 3S$) (1l JOl7I) (ro-~Wilrblil~ (Ottgtr tlan Cash-l CasI1 E~l 3amp521 301 (5510185) Cxh IO ~ fIvn 0parBli0ngt 221511006 116618564j Drreel T_PIId

l CnII FilM Opamng AlttiVitift 2215$il06 lU185641

II CUll Flow from Irwu~ng Acbrilies (248467) ~dr-lI8d~

nbiIg Fonogn etrq VinWI (29701199) ~farCl(lUl F~_

~ Net Call uMd ~ bullbull ~lI Adma

c e-Aoootr-f_ ~_ -edShn CCxlaI

PIgt --blsI tolt ugsReceJi_ d uo-nd u Oftrlb Slaw PrtIdoIl 01 pel ~

NatcII -cI in FNIICiol9 AcIvilieI l2107U43J NehlCi (cIao I lineal_ ~ ecuivaltnls1 8+lt1 (560~)

Oparong B-c orCallIand Cash EquiQIente 907371 eea CI~g BilInel of Cllh and Clsh Equivalanb W 907311

For ftOll_ dlho amp11

CS ClMufhury kIP ~ ob ow- cr amp~lrnIaIY

SIl II I I at Gewaf ~ amp~SfcreWy

bull AUDITORS CERT1ACATE

fila- roe _ QIIfl b e d sa8) MlUSTllIS LUTEDfarhe IlClt ended 31 wm 2010The 81_ beerl__ llr fl CcnopInJ awulIe row =eliIca 32li1il1lillAQl _ SIocIo ~_ _ _ __toBIIliIlaSIIIIMoI cnce CIIIfU-lrW1lIPJflb tliOld~

For gtASH CHATlfltD bull bull ssaxaTES ~laquogtIl ws

DeIeol- 28tl ~ 2010 PrtllU Ho~

29

~---------------~

BOOK POST

Senbo Industries Limited

Registered Office 87 l6fW1 Sarari KoIoaa 700013

Phone a33)2217 891516 Fax 033 2265 9485

Email senboindgmailcom Wilbsile wwwsenboindustriescom

Works KarbBla Sonarpur Station Road

KoIkata 700 103 Phone 033 2434 7339

Fax 033 2434 7341

Page 15: Sixteenth Annual Report 2009-10 - Bombay Stock ExchangeU8il. C8ncer R!sean::I'l lklil5 1il:l!l>tl1l 1lC. In8lldIlIor. lhe I!oItd_

-OUTSTampNDlNG GDR I ADR WARRANTS OR ANY CONVERnlllE INSTRUMENTS CONVERSlOtl DATE-ND lICELY IlPACTON EOlKTY

n~ -1lllI_ 1 GORIADR IWi15 1~ nswmentsanl hence lhn IS eo ~on re E~~aIhI~UIrgtltD oIIbcMOlStlmItlI$

- COCA SertIOhlushstmled KyenbIIL SovlUSIilIol Fad PO ~~ 100 103

ADDRESS FOR COAAESPOMOEMCE Forllnleo del 01 crollorqry -olllhn nlniIIIInrlll8lad laIied 5enbo~lhiItd 87UnIl s-~ 700 013 fue 03322178915 896 F 033m5911l5 22178917 E-IIl bw Jlu LillDIlIII - _~

AUDITORS REPORT ON CORPORATE GOVERNANCE TcltSha- It CIISenbo uIId 1 Wer-_ C UGh af ~aelfsnInlUroe$~b

Inlng 31S1wtf12010 flaeltf9a1hblnagodh~sxt Eoct 2 The_u dw rJw 1lMl 15 hesogtsblll dh_yenel CJI6 I

_Iiro-I tl~1II u ~b)h~bIIISlJII cubullbulla COidoo air COrpnII - M aid_ a E4I d on hOII 5t_d~

3 QIopIUI roIllI flit tc aI Ioo I kl10e V- tl _ adIIyh ~_wl4W w ~G z In__ 1IIl4Jbull We 1Ia __ grbullbullbullca REgiA amp Ston i C s shy_ d hi --a_CBIlIocl_ason 31S11oi1rttl21110 lO r-greaald9 1lJIOIIl_~bl~~tneoncnll

5 We adI ultr5IlIrIJIDIastlUewdfyd~ngr or bull I ~_amplel~tle~attgte~

For RAJESH CHATURVEOt ampASSOCIATES 0- __ bullbull

Itbull Po

~~~op No52a

AUDITORS REPORT

TO THE -WlFRS Of SENllONXJSTRESlMTpoundO

WI _uMild 80 SrIeeI d Serbllrlllustles InIIlM1Il3111 rlIrdI2l)10 r PrIllll l loI5Aalull lorlit liM IlIlIlil c--edarcI Cash Foo 51 161 lorh petllXI endIol on IltI dIltTt-ir8alI lolSnllel_d~118JI0u~ ~eonss Ol)irIoingn-kvOiI lolS-IonOlladl we _ ~OIIaltIIlIU AucInlSlirdanllge bull Ej hiiL n-StIi(laods Won ihel we plala petbm Ile kI ~~_illouI hlCiaI Ieare free d eA1IadolnUles_ bullbulliG-ona_tlaSII~Q~Ie_itld~

1hI1iN1rrili111 olSMallClUlecncUlls gOeaexDrCHhiCl(lllSllSIditldliUbullbullbulleoa I made by lIliiI8l8ieI III~ r0YIIlIli lrinIII $ e=-we belevelltlWlaDIptllOOde$l -onable lIISi5lorWI opirIion Wereportlhal 1 All ~ by he ~ I Report) QrIler 2003-ed by CefVII ~ SecIol

221(4A)oI the ~Ad 19$1fld bullbull1lIed YCJ~ we endosoe IIheAllnellft1 I 6donhe

ta

--

focltl iOjA4an1 5of1tlltI ~ 0rilPlt 2 Forttgtelt 10 oltsltOIIIITgtI1l intheAAnexUl1l refemld 0 inparagrapI1 1ilbove we ~ lhal

(sl We hIM obl3Ined ltII b i nj elQla OIlidl kllhe beol 0I llU IltIooIIeIlge and rae were oecessaoylolhegtUpo5eofcur~

(h)InQJr~OO prQ)(IbookJ ofoxountasreqUred bylaw hMebeen llteptblIe ~solaras~ rQm onllamplTlalioo dhose books

(c) The 8alance Sheetnj Proftamp loss Aoourlt 00aIl iMIl byh$ Report are inag SEll IiCIIwil1 the books ofilCCOUnt (d) InClI opioioo ee Balance Sheet ProIil amp lois Acoount amCash Pow ~ Odh IIfAacultng Slaodiods

rlIotfed inSectioI21l(3C)oI1h11 Coo IlpanAct 19$ ill solaraskSlardarlls Up1l llhle to he~

(ej 01111e DaIS0I11l11811 ~oIIltnl recellltllrcentm lho ~as oltl 31ltlllorch 1010 -IlakM onrecoltd by he Boanl of DirtctltlrS W8 rcoon ltIalnone rJ the DillJdors aAI ~ ason 31S datd12010 frJm beng appl)i1ltK1as DndI-ltOnlhe---g0l~27 4 (l)j)oIlIe ~Ad 195E

(~ In opioioo MIl III Ihe best QUI informata1 andaaorIlng to the ~lions lJnto us lheS3IC financial_r-d no_WIth It Silt1Nfgtanllatu1tingPciOe5inl subjello ~oI 11~~01 BoniS GralIiIy LltMI EroaslYrent lIrId~ reeeeee COl Sltsu-Ily )epoKCtfw3I UacicaI $lcrliSheltmlIIl101 wIidltaanotbeendee1millad Notbull bull regardlllgroorgt-chalt gingoiRelteSlCOllnter~ 8oowllIfroma~~ ~S on Pamptj~on Sorory~ampuy Aibs lIrIdlC8iSand~

~ oW lreganlilg~or_dwithMibull F Kbivt UltI tho_lO Notll egarding ~ oIAotoonIllgStandard 1$~6enefds nllle AIallWs

1gt1 bnirg pall 01 SdeduIe 22 flIllCI ~ -Mlh oiliernolM lheren giesfie rIorTnation ill ite mannerso -ec by 1he~Acl 1956andgivealreandlatr Iij Inhecase ofee Baiance ~OlllleSlaleoti1l1aQCorr4gtonY31 Motttt -00 (il 1iI he caeoflte ProilampLossAIC0Iltgte105$ for IIfyell elidedOIlltlat dale and fli) I Ihe case oftheCashAow Statement0thecash lowsoIthe ~ tJrlha lIaI eMed on lla1 dam

For RAJESH CHATURVEDI amp ASSOCIATES Chartared Accountants

RClgtatuMOi- Dateel 2811 May 2010 ~MobMMbullbullbullbull

ANNEXURE TOAUOIT(RS REPORT IReferrtd to iI Paragtliph I 0 _ RtjlOl

1 In respecl ofis flxedassets al The ~ te5 ~pIqlliI reortlosllllfl ful ~ ndodng qumtoIYe details anlsi=lion 01

FudAsselsonlhebasisolirlJrlnallon8Yaiible h) kgtorrIng to ee iobmaion ifld explanalions gWen tousee Fixelt Asm IaVe beer physIaIIy-t by the it~alreasonahle lIlIlVaIsand no_ClISCtlIaICle__ongtltdoYftrifalioon

c) II cu- opnon he ~ laS 001 cIspo$ed d subsIlniaI pall of fiMd assets dIIingIIIe yearanl thegoing ll)rOm $I31US oIllle CompenlIS flOI 8ffeced

2 In rl)Sped ol lllY8fl1lrie5 ailemiddot I IF Old II us ~ SIIri dlinlahad goods sbamp lllIamp ~ argtl raw itIiIlera6 exoejIl sIocls ththll

PIlies and IaIl5Il dal a ll phy$icIII~ verified byIIIeiNMgemeot al raasooarMe rlleltlaiS blmourLlJllllOll andaccoofug tIllhe ir1bmalictt 8Ild~~lolSlha proceVesolJttysica

II Adlts foIowed by ~ -abla argtl adequate rela01cent Ihf size d Iflt Coo1pany and lltueolils~

cl Pol eplaled Igt thediwepancjao nolieoltI onnflclloon bo_ It-PhysicaI Slrlcgts and IIle Book Records oIlfIelevef material haoll bee~deallMIlhe booksolaccoons

3 ln~oIloarr

alThe ColrQan dunng he 18 ha$ taken ~ loarts 10m Coolanies isIed n toe RegISlel fII8IlIained Ofdmllll dfleCorapeniesId 1$6 dllSal3llanliillilt w11ree

b) respeetolloans and acMnces il1he oIloonsQbVthe Ccnplyt)any~sla1Iwheltesbpulatms havebeltln made partiesistilllls havegeneraly repaid the atnOIflli as 5jplaquo j oIterlanthose written Qll ltltrIng treyea

4 In OU opiI1ioo 8lId 1 Jollie io1omr8tion ilI1d ~ 10 us eee ae1ldeqJI1e i1temal 00fllr0I prooedures~wiIIllhe sizerJlhe ~ llIdlhe_rJcentS OOsiness lorthepurdlaseolstwes shymaterials irdJIlng 0CWfIP0IIIlls plant amp Ichiy ~ and olher _ and lorthe sale of llJXlS 8lId servilte ~ is regolalt intaking rorredM -eswtlenvll( major ~ in iJlemaI COOIrtIl are 0 31111lt1

5 InCUopnioo and accllI1Jing to lhe bull ottand explanatioos gven tous110 transaellOnwas madeb- purchase 01 goodsrodma_ arid salerJgood$ mariaIs 8lId_ III purwance 01Clllilaets (I 810ge0 l8IllS entered in the er malntaioad lfW Section 301 oIlhe CompaIieStltt 1956 andagrpgalilg o1rigtg the year III Rs 500(00Of more inrespecl ofeach Pall)

6 The Comparl~ has rd~ anydepolIbfrom the pubic inIl1IJIIIU 01 SecIoos 58A 58AAor anyolherflOyenanl prtlVlSlOIS ollhesa

7_lIOUI opiMln Company has lIrllrrlemai Auditsystem 000 lei0SInIeWIIh ltIs size and thefIIbe oflSbusJIess 8 AalmIlgt) iJIcIrmaIioo and egtpl3llllbOnS gigtO kI ustheCeMaI ~t has notprescnled 1eniInce 01

costrecudsulS209(1J (d)ollhe CMIpooieampAa 1956 bany~o1 lhe~ 9 Inrosped cl S1IIu1orydues

a) Arcming 10 Ihe reoords oIlheCorr(lany at 0UIWndng dIJes In respect of Providert Flft1 Etlploees Stale InslrarceWilst BengalVAT CervrnI SalesT- 1rgtCQme Taxes rmSI rknoiplII Tn F IorPolutioo Conlrol Tradii Wcense and tire liclne eamp haVl eeee paid du 2OOS-10

bl Aoord glo tile~ follJfId egtpIarIaIiom given 10 os 00~ or~ amets payablei1respecl aIiPlCtNTllltl sales au WSIOlTl5 OOly exose dulyordues peyIIbIe 10 any olher SaluloIy and II](Local ~

were oolStnli1gasat31 $I Marth2010loraperiodd rro-e tlao silt ~ from Ihedate theyeeeerepayaIW 10 The 8CWlIIAaIed losses oIlhe Company at theend oIlhe fio1niaI )Ilar a Ine= 01 its networth I has rcuml

caslliosses duIngtie l8 iIIIdalso inthe previous JnancIlII year 11 The ~ has notOOIaultedInPilyment rJltlues toany fnIIciaI lltllliortorbankorltlebeo1IUes tdders 12 In00 0lIlDl am ~ III the ~ an explanalion grven to us 00 loans an acMnces haYe boon

pliedbytie CompanyfS1 theblIsisrJ$lllUIIybyayorpledge ofshates debenIIresan OIlIer secuilies 13 In 00 opnoo the CorJImy is nor a chl bld or a r)(IlVrnutua fundIsooely Therefore daose 4 ( ~~I rJ the

Coo-nIianies IAuliIor$ ReJxx1) Odef200J ltd as amended upto-date iampnoI ~ IllheCompMy 14 mour opinion the Canpany has notrIeaIl or traded in shares ~ detlen1urelts aod 1lVeWnen$ ThBreliJIIl

clause 4 I) olIM CD-npanos (AWibs Reportl 0r0ar 2003 an 3$ _idad upIO-dala is ootaPflkable tl the

1S The ~ lias nol980 guaranleesfor loanslaIlten byotIer$ from BanksorFinanciallnSlillJllon$ 16 The~1l1asnot~ itlynew mm loans (Urg theyear- The Termloans OUlSlandllgallhe bullmiddotgrJthe

lUwasril 17 ~tc the formation an e~given 10 usandonan overaleaminalionol theBalaa Sheelal the ~ weare 0theopinionIN no $horImm1oarl$1Ia been usOO lor long IIm1 tl esIi IIII ltIS

18 lloong the yeartheCompany lias nor madeanyprelltmntial allotment rJsIllfts tl parIIeS and companies covered in theregf$(efmain~tJ~ 301 al theCompaniesAct 1956

1gThe Company lias nossuedany detlenIlIres during heY9i 20The Company lias notlta1Sed any money byway ofpubloc rssue dnIg tie yei1II

( 21 In ouropnion Ild laquoeortIngtc the iflformalion arld xpIinItiorl gwnlO us 00fraud onorbytIaCOIl8Y has ~

nlttioIld orfIPOII8d dumg ee year thtcauses thefinoncliI satamanl$ to bemalariaiymissaled

For RAJESH CHATURVEOI ampASSOCIATES Chaltta-d AClOInlmtt

RChatu-di

PIacIl Kal Dated 28lhMa- 2010 ~libeis1 shyNo529llI

--Balance Sheet as at 31- March 2010

SOURCES Of FUNDS SHAREttOUlERSmiddot FIJNO _ -

APPlICATlON Of F1JNDS csers

IM$--OlIlgto-=-o

shy

100479000 2 92680000

musUIlI

3 1~zn245

194272245

rot )9$411245

bull 321969 061 - 1410U6ll

ClJRRpoundNT ASSETS lOANS ADVAIiCESu bull __ C81t 8lai8-a I-t

Sbull

U~356 72152(1ll71tl610

n 1-sTUw)shycww

I bull (872lillllll

u eolor taaicn

nuoo NET CUIlREHTASSETS

-(21129111)

Pfl()fJT amp lOSS ACCOUa 2711Sotl$l

rc 3910431245

NOTESTO TIE ACCOUNTS 22 Thf~~ t1ooe bm iIf1 gal part1If he Ballnlo SheeI

In _ aI(Ill IIIllOI aloMn dale 8IIlIChed

tNrdgt]t 2Mlt

1al4790lXI

bull

muSllOID

211Jamp33ll8 21 ~ lA33ll$

( 1 S02 311

321J2OS]( 1S7 7llO 6GB 163929iI66

li3 t 2U amp6

01530 72152(7

11 213 701V

11576833

ro 1161233

16IU2(

4I S02

lor RIjMII ChIturvtd amp Anoc_ For Itgtd ~d

c_ shyA~i8b -e Kolall DaIId 2811 uy 20 10

C $ Cbcudhury KaII s aoptbull Viol 0- ow- bull bullshy

SK~ Gof-IFuIc~

---

--Profitamp loss Account for the yearended 31 - March 2010

Sd 1Wdl31 2010 INCOME Sale 0TltiiiPrtOoG cow klcJuampeI~) III SkIdlt 97l198 17878

135125ot

- shy

FQor gtlis OtlerII gtlisee-J

leoSOibullbulle-- -COW-SeAng amp Pnldua De I bullbullbullbullbull --Ilems aI ltIlmllle yNr

n

ts te rebull

11)49028 120932 m ~12J51

2fioI7454 195538 6928685 6 ~7ampM2

5861 892 2929647 921633 92216

16on064 13822019 aee 158ll3ll

ltm s

PROFTT I (lOSS) PnJlil I (los$) bebw ~ (330542 4)) (25040611 ) PIoo$(o b ~ - FBT (10400)

(33054243) (25111011)

J 17~20

(238383798) (21 31530011

(271 1SUS7) =

For IOJ Of )tNI d lIlo 8tgton1

C S Choudhury K1ijal Sengup~

Vici ClamIa-l C1IiimIM amp IIiIgtIIloWll Dnltlltrr

s KMukllopacfhyay -~IFn1naJJ amp~~

NOTES TO THE ACCOUf(fS

In IemIs 01 1M reptil 0 (MIl rIaIe attadleIl lor RajKh ChaluIYIIdI amp ~t5

R ClatucIi-Dated 28th May 2010

- - - ---

- - -

bull bull

SchedulesForming Part of 8a~ Shelaquo F AUI middot MM~312009~3121110

~

SHARE CAPITAL Auhoflllld -- shy~

lllilOIX~_ltJRsltl-_ 120000100 ampaooOOO

luued Subsaiblld Paid upJlIlIOIlIl~sr-ltJ Rs tgt-- fullllI Ult_- - - -shy

104909000 104900000 I Oli HICl Eqity Shno 0 ltl- YlI_b__ - 50ltI (lOO 5091000

- -11 o000DOO 110000000

- SharCI _1 A_ 1S21ooo 1521000

01419000 106479000

2 RESEIM SURPlUS roo ~-CapcentlIwbsidy (Gcwl Ql West Bengali 1SllOOOO 500000 _ 91 13000II 91l31ooo

9268ll000 92600000

2 UNSECURED LOANS From eeeesCorpaote 194272245 21 7343388

194272245 217343388

8 FIXEDASSETS tEPREClArntl _shy_~

~-~~

bullbull bullbull ~ bullbull bullbull bullbull= - l Ol20 ~ D1 [)I1IXamp _

111lllll1O 11Ollllili ~ -~ -

~ 1$1 -- ~ ~-

2lt W - rWlro til1 TampI s

_~

I~ _ ~ ZSO~13relt 21U8325DlgUO gt5~O IG lJ231ae 390428)1 lIJ I3 m~l08

920 -~ ]100) _113 Zl(lllll~-

ll~ SI2 T3 1J2 M~ -- - m ~ 511~

_ I RIiloo _133lt0 romiddot ~ 611811ll 1138lt20- I 11 oIol ~M- - _m

IIIlt shy-- l1t12I571 2400II l1t 1 51~ - ~ crbullbull 163mllRi m ~IO3ll -l2alte2to l2TnO510 1IJg6l5111 11Il22OW IU lIOlIOlI T83 mJl(lll

-~

18

-~-----------------------------

---------

Sehtdults Forming Partof Ba-- Shell

see INVENTORIES As -en-ee lyNuCl

shy--shy~r omooos _bull Clro- Sa eo CcocI Orooer Sa C llcUIIW

lMs PIIl_kw~c

CASK 8AHK BampLampCES c1It-_amp__ bull

cr~Sd

ocat b a- ( (00 _ 0-_1

LOMS ADVANCESbull shy~

1vJ ~_etl 0

II_Clfb_tlt_ AMrakwf = _b - FB7 (fY2IlllI-lI9l _ FS T -Y2llraquo- tI e-PLl

1Iwll ow F- ~ lane F- PClI _ Tax AI ~ InpIlIVlTIW bull

s CURRENT LIA8lLIT1ES PIlOVSlONS ACURRENT w8IUTIES0- _

bull SSJ lnt

-- shy- SeoIII) 0tpaM Reo 4 o8Cl

rMra F o-n- ~ IPl sad PaIl ~

bull~ FOR TAXAT10H FmlIlIInIM Tax

ts

IIIwcb 31 2m0 -

6111$ $ 681 fjl

U 1U5S 1991 53

119904163 ~n9~16

1l1527

2 ~ -

UOgt -

17 bull lgtS ~11

om SlD5 211503 ~ ~ ~

-

8718610

lt10901 S790 151 -wm

310(0) uo48ns_

( J MardI31 2Illll

shy21i21l6ll j$~1

~lSI

1( I1SOOJl2Z

11713 ~ 1795 11

12lsWshy

lW111

_137f

6913201i

2JOgt rea

1Ui

l12n1M

63522501

3100XI

11576)33

ro 70bull00

- -

--

- -

- - - -

SltheClIles f ormingPart d Profit amp LO$S Aceounl

10 SALES

-~- -- 11 OTHERItCQME11-[ melt

12 flaquolN OPERATING INCOItE LatIy lnt1en Ilad

13 RAW MATERIALS ~ Slcd01 Raw ~ Add PudiBse Duling he year

less ~ Stock IIntten 01

__ less ClJsrlg SOdl

15 UTIUTIS - POorCf amp fue l

FltnI8OOOiI shy_=00=4 of ~ 16 PEIlSCNtlEl EXPENSES

Salary Wa1eSEltgtlus ampExQlIJl wgtltl~

Co ConlrbJliorllll P ilIId E S I F fICmIrOW_~poundlC

Stl ffTffin~

LtWm 8 liwiIs

17 Olli ER EXPlNSES AlOIo FlernJnn1lO1 B3ltkCh Books amp Pto odicaigt ConsJlanc S service CtIatgts eooooo Diltectgtf Sitmg Fee Oonaion amp SltIbwEnt9llJirlrroerj bpelMl$

-- V endIltI ~ 1 200IIM~ J1 2010 h

- 2(6557 l4t64

lJl17li 457449 172899 _ - ciJ8S

420amp82

420amp82

~62U68 1441323 96691 l294m

2111359 21421 00 162n

2050~ 2742100 501554 2621168

_1~9 ~ 120132

194905 sbee 407285 ~

Zn1 1~ 412351

2320 ~J 751578 24367 17lt581

15379 ~

264745C 1guraquolIshy

OI0tTO S4lll292 370512 35096

17412 19J11 ~ 911 138 574902

6928ampamp5 - amp471gt12

1890~ -zsesm a 18793 4308amp5 29864 207818 152574

~40000 ~ ~

55189 ~

-_---------------------

--$lttdules Fonning Pillof Profit amp losl kwunl -

FIQlIy Fcnrc ~ RligisIi 01- shy shyPlIge amp_Ii Prning amp S -_ Wi _ t XD - shy

VIhdI a -

UidbullbullJ- 5aLJrtG amp PRODUCT DEVaOPllOO

Elwo_ 11_ C

e shy- shy CgtWltGES CIlCllfl CrdNc

middot~(IITOS bull CIlE$lDl-

shybullllII

ITE-s MllTTal on DURING THE tElR ~OIlIIe _ncIl11ngi1r___

21 AOAJSTlIENT llfLlnfG TO PREVIOUS lElRS ~~ToPt

---

IIIrdI 11 2lttO

293~ aeses 2013

3 67 37 37193

31 lOl

~

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V

scs 2671

~

-- IampIrcII 31 20Ili

shy321581 271850

92 312102115875

~ 500 ease ~ mno10 ~ 3lrn

OW

eo ~

m me

nM

21

n IIOTU 0 ACCOtIITS Slttw- tlmnI prI die ilalfte srt1Il Istllllrchola nl PIlIIII amp 1JIIs-aul trn _ -1IlliIlI31YIrct2C 11

t Sifi_Ac bull shyt _1 8o$lS CFACCtIUN7JrIG Tht~ e p wl-MI_UlcstOll__l Ol atCIAIba5lSd~

C_ lIOltUSgqIUI)lfICl- i1b1el1l~ c__11IO

oonplyOllfltlt~~ ~ eolAaNIfSWdilnl) ~ 2lD6 puSUiRlc5ecbI211 (3C)1te eooesAcL 19561 lto6lmiI) Gle~ ~ ll _ (_ CAAPI ~andft~ pvmIOOS DIN r~-1956 Tht~ pJlIQeIl iQCQIlSISIonampyamplplledbyN~

12 USE Oa STIliAn The_n_of~~~OIIhGAN~~ lDmakelSllnllllC ~ fllIlllKttlt r8pI)1ed-td _aod- ltIIodocltre 01 ~ngenlliltlillIes

bullbullbull_dbgt ~ tol -l had pjoesrilrng IIMI ~ penxl ~~ 1IIilinaIIls b8sed l(lOII iitSmiddot be kloItIatunwl ~CIlUOJ

3 RXal USETS fI F_-iIl~ oxa oleUeoabIfII1oa 1C05IIICUlli5 IIIGUei llclir-wh tJitS-mcubullbull__

Ib)Tho~_rJbed _d__QnMj [ ~

laquob)i u lEPRfQA1JC

00 bull d -1_cnoodIl CIIIIriiIgb me ~ lillle-~ Slt1leOjo JNrJ ~AaI956 bullbullbull_

~ e-LCIII_~~ding 1efW _iii dlldl e-ertSaly~oo__ bull bull Ii middotded~r~4~_d_

15 MPARlllEtITF ~taehilllalCli SIlIlIll_iDl __ Ii CIIe__~

rldicIIt rt ifllleao_ ~ 01 bad _ lt1Plomgtooed N pa_ lCJsI le1 _toe lltT)lIlll_fII oIl1e ~ lib11 tJIJIIJ Cash GEsIili lN (CGU~Of ollelexceeds_1JIfiUt Tho__ Ii hi QIMkI d1lgte_net ~1IOIiI$_In~vaIle ~ hees~matad lltlft cosl lbw mUle use ollne aiiSs diIcounled 0 Ilelr Pfesenl_ 011 WIlltl_ M ompAtTIIMlllCJsl is~ j tt- _ --linllertlCOYlfalll onanlrld sunlrlss_OOIorgor_OfModicgtaw ~ Ioa l JlMnIIlterMa ~ tI N carrp1J -01- _ Mlil1 case d CGU

7 I Jok CIII~~

11 MfIlTORIES (___~ t_ ~ -cIII~d

~roolSldlel I ~-_aI _1ot-IIIDdQn5

~___~COIlf~plOdocII_oelDI n DbeJddampl7ampblgtIealll ColIiMlill- shy(bl- __- __~hsIoecgDCII2I --=lIl_dalilnnll

II ColI d a- ltIiel IItnIr _ pencil 01 _

~CllljO _

11 ~ a OGCOSTS amp0 g_hl~tI t Of~olhec __ iIo-t ~aolglgtltdgt_ _oWIOcoAI_dWgoltltJ~_

22

18 REVENUE RECOGNITlON ~ tom the$3Ie ~ goods(rouong TrllIi prodJctloo1 Ilottlesl IS ~ t4XJI passage 01 titleIe the cuslomen wtgtidl ~ _ Iheir ltIeliver) ~~ -y cui 01 gtltu ltifIe cIiimr 8lc altcOunlted rasand hey ~ fnaIydetlt1rmonod

19 PROVISIONSCOtITINGEl UABlUTIESAHDCOIffiNGENT ASSETS lalA pllOISIOn IS reoogrrised when theCUI1pal) tlas bull n-Jl otIIIgaoon as ~ 01 __ -l ~ ~ an CkIlkgtw 01 resource Of t ~ 10 $OllIe the ottgatiltJn in respect 01 wIldI ~ ~ _ be_ ProyenIIions are not diiowlId l)~ ~ ond a ~ -d (WI be5l OSlimate ~tl_ the abIigaIJooat he -e__ These _ atNd baJIIoce sIleel

d e -l~lO fllIoa lhe~~l~te

(h) Cootingenl labfllies ~ byY offICIIe5 IC (0) ConlingenlAwlz~ Y_egtlaquoepl lor lho purposed _ellol-

110 lEASE Sne 1(1_ has beenlICqIOrOO to-PCl ~~ l)pe 01wiI be deIenTwgted WI

~ 111 ACCOUNTlNGFORTAXESONINCOME

In-01 lilt lossb tie year ltJ1der revi Taxeson CuretC anIDeleltted Income have notansen

112 SEGMENTmiddotWlSE REPORTING The~eXltiJsiwe~ 1$ maruaeturinJ yenIll lI 0I V Fblsnl such in theopinocgtl Qfie Ibr1agemenl ttIil is lhlI (IIy lepo ~~ ampe9fIIlOl per AcclInng SllnIiard 17 on SegnetC Repor1lnt =oed by n - 01 Owtered AaxgtuntlolS or lnclol There 15 no ~ GeograpIwal segmenleithelt

111 EMPLOYEE BENEFITS (I) llelnod COOIlIbtlJon 10 prQIIidertfind ard empIo _ 0SlGII00 arediared Ie~ amp loss 1lCttUll 01 fill _ GleQlIIIrtbulions lOthe~ bIClS n 0JIlThere ate roo 0IheI 00lig81i0nI Ie Ihe eo IJIt I oe-er lIaI1 clJGb6Dn payable to therespecIMI-uy illIIIltntJes (b)Mninul1 _ or bonusasrgtcgotiated fmm n 10_ os lIo1W oCCOIJlted arc pood ClIIIl basis 0$1 -dQlllSlSlfrqt (0) No _ llInIIfit5lCthe~

Id) A molteltolco_ y_llerooIIin lhebmaigraUlyisllilllltraquo_ ed oncashbBSltl

1 _1~ POLICY ON EARNING PER SIWlf (alBMcNrnig persharelliltAlQ ~b)~lhetgtet~OIlossallet end rtude POSlIPeeclolany ~ ilem lor the peroltl IlItWtIlo Il~~ by lheweoghled ~_deqlJty shlIe wtsIMding dtgting ~ pergt)I1 ThegNed _ 01 equity share$ 0JISll0 tUroll tle PriOd In-fore_ fgtCiUdirIg a txnIs iDoJ tIatUI eleltnenI 3 right issue spill d __ or reverse tPl (1elXlISOIidaIiDn or_os) lito made dunng lteV-- (bl Forlto purpose or llIkulatJIJ ltlIuIod rmroJ per shire Ile Il8I prolil d ltJfl penod_ eqJfy 51eIclldelt n tie ~UltJef ofesQJDldo ltkngtg1MperiodInedforleellecls d II dilutive poIenIIIl d laquoJI- shy

115 PROVl$ION FOR TAXATIOti 13) Tax pense for1M)83 ~CUfeot ill ampdefMed isi1cloled Ie fIIt pltolit (lossl fortrleyeor (b)A~ IImadefortheCUTefIllagtbMlOlillIiltlOity(ltJmpU1ed 01 aoordancIe _ RlevariIlagt raIeSand ill A Pfl5lCl IS made fol cleIemclllDl for1rr9 ltttrerenltel rIsing and liCOJUOlg _ alarreotty Ofsubsl8I1Mjyenaded (e) ~ Igt-Is are ognised 0fIi) ~ _ is certainly 1l1111lhey wiI be INiZe6I1ld 1IOewedfollle~mm sheeld8led1letrIlspectivecarryolg_lIl11dlballiltllte

116 FOREIGNCURRENCYTllANSACTlON ~ applicableFltnql orn=nq lrrIsaGtiolls are accounleltl for at f1e elltolrlge rale prevaiing at the blttnsaction dilte Yearand mnetary assets and liahiitiesItIIoreignournrq are Ir3n$Iated allIle appHcaOie year end e chaoge ~andlIle ~ dilIeo elt ICe is eoognrsed $gaOl oo lorhe ytII

2 In tleopihJndlgtt~ Iho maM3llIe_ dlllaS$8l$[ eilherheentire~amp~ ling Ie 1rftVerwus Fbl ~~ tle0fIi) CGU cI ~ or Ile _ I tlNll l1Ier fIan tIo$e Ii respeclMCltlII)iniimlUllalLId1 assets no ~_IIason trgte Balance Sleel ltllte

lal Bank ~ fa 01 W8$l Be1l1 s_ ElltctncgtIy DioIiboIiltM ~ lid m

(h~ Claim agaiosIheComooy 0l0l ~ 3171849

(c)Oarn01 cerw ExCse CIuty InIer ApplrIl kI Trtlur8I no818

4 Asrc IleIeSlllls beenchargedOf1Ioler-Corpoltole~ he_lias flO beeoleswnatednj ~ n shys Partl OOIlfJrnlaliolt in respect 01 outslar1di~ balances JIr SuIlay DetbI Sltnlry Cltedl1DlS Lwns M~bo-on - inlrl OIIII$Idenolio1lh__

6 The Contrtd _ MI$ e- 81goroeemg 1M COo~adtA IISPObIe for Renovatlon wonlt at Fadlr was teminated dlIlI to pocI and sub-llarolard~ 01 wo1lt and maleliaIs At prtSeI1I hmalilt isurderfillg3lion

7 On iilllleial- ~lSioId CllIlridol~ djotlbyWs FreseruKab Pvt ttd (Fresenlus)1Iith eII8cI JrorIl ztSl Augull 2OOl5 fie -1t 01 ~ _ F-_ 1OImOa5e in cowetSion lthave Godown Iml Vat IDS tlfuMnl $aIIp by hit ~and~ of F-- has enuo oed UI~ cliIIe an no 8lUSImIIthas bftnmMI inherftIIIIld aaolIlIS thnfor

8 NJmaRECEVEOGAlNSTSALEOFPlANT ampMACH ~ E RY

At ~ tgty me Cornjgtony sctI--(dIi 000lt1 ~ -- amp FducalIon l id ~ JtImne _ oIRs 315 CtCQ edt ClIt ol Rs 612cnnsdUlWlg2009-10 iOJIinSl- 0111 Fluids 1Tl8I1~

maIonenes for wllCtlappmpriae resoIutioM -e passed tlf the- Companfs sharehllderson171tl ~ 201 0 Thoi Wesaid -m was ustd by he ~ IIMartlI ~~ 01 unseated kHI J-d from -conponieo

9 MIslment relathg to pr1lIioo ~ ear amounting to Rs 2157641middot ~ net 01 ~~ br Bank Gunnlee released by Bs1 ~ 10 R 7740121- party dsll bypro perod Alary Ib 37097shyrlIenlSl a-o dN)ood ~etarges etlt Rs 371 151middot01 N $arne year

10 MICROSWIILU tpoundDlllM ENTERPRIsES The COnpano hasflOl recewed Ifl IT 0 bull as IIqIJinld 10befledWIfIlhilllOllied ltlJlt(nIy UIMler 1le cro SrtalI JtId MecWn EnIefprioes ~M 200li c1a1Tlll19 tler S131S as00 31st March 2010 (and also 31st March 2(ll)9) rrntroSlIaIlard medlrnenlerprises~he_1Slicl payabIf klhlse dUIWIg_ l_~__l iS nl

11 The ~ III yet to fto -V adopI~ Standard 1S EmploY Benefits (lWes 20(5) issIed by ee 1nstilIJIl 01 ChaIltred AccoulItaols 0I1ndia ant deliilIed discIJslns reIaWli to Oefned Btnelil PIons couId FlO be fnidellollcrnonlS andRe9ortshy

12 RElAI ED PARTY DISClOS~RfS

DiscIoluesasreQUredJIaxulIilg Sagtd8Ill18aregoenbelow

LdofRm~~s

SenboEngneeMg Limited se KrojaI SenguptaErrOclln 81gi_oog Pvt lid -- shy8eeni I-IoIoifgs PIlI tid SnC S ChedMY

Dr Sll8IllaI 0lalCI1D0I1ySenboEnm ampPvt Lid SoFTarIp Kumr OVIkraOO1y Or Asilth Kumar Sengupta

-Trrnsactions with Related Parties duting 2009-201 0

Nature o u pses KeyManagementComj)lnics Personnel amp IWlati-u

(- lRs)

Expenses Ditedors Remuneralion Cullllllt ear ~ Nil

~ Nil

Dirnctorn SLtJIlg F Current lar- shy 40000 Previous at 2a COl Inoome

Electricity amp Diesel 71373

54358

Outstanding Balances onJ~ March 21)10

Unsecured teen CIIroIIt Year 1S4m245 Previous rilar 217343388

13 EAR~ I N GPER SHARE

Cumml Yn (Rs) Previous Year (Rs)

Net Profit I (Loss) after current and ~ tax Weghled Average

(33054243) 251 11011 1

Numtgter of Equity Shares 01 Ri 10eadlason 31()3-101 0 10647900 1O647OCXl

EamOngsPer Shale(BasicandDiluted) 14 FigUIeS to thepreltioos year tevebeen re-arranged and fe-9ouped ~ necessary

is Informatioo PlJfSllaI1l loNotllication UIIllerScheduleViofthe~rns Act1956 IAscertifiedbythelllartagement)

CIfIlInt Year

Oy INoofSoltMI 151 Annual Capacty _ PrOOLlClion

15 11 Used Capacrty 1aOOClOOO ~

1512 I rgt$~ Copltgtdty 18000000 ~

1513 TrialPrndLJClS of Irl1tlwenous FlJid _ MacIliroI upgradatlDr1

r p~~~ 157634 1178355

Saio oITrial FroducIs ol-shy 24244 206557

153 I -V FUds BottIos 191 18664

154 -shy IV FOIds Bottlogt 135309 990461

Pn0IS Year

INo_ oHloltles) IRs)

16000000 ~

18000000 ~

17878

~

1919 186amp4

-- --

CUrrtfltYtar shy- - (Moe-) -1 55 -- M5gt I PIWj G M M M M M M532 0_ lt0shy_~

GolI-ampO -- c_C_ -shy

1511 1572 sa-ls-o

-- -- -- -

- U - -- _ar shy_Cshy- - oW bull

~amp2 ---- M

bull bull bull_- -_ M

u uUm-- S bull bull

IS 5 12

0shy - a

1t11Pt a a-M

~

M- M

-

PCIY_- M M

M

1111 M

~~ 11

-

c

l

-

Informationpursuam to PartlYofSchemJItVIof the CompanilsAct 1956

B 1IceSl-fAbaraer_~~8U$-_

REGlSTRATlON DETAILS

~i No CJrI L 22 fTfTi( B I 9J r pT L o amp3Z 7a

llaIIAe Srleel DtIo l 3LlBpIl l amp11 oJ tl CAIIfAL RAISED DLRJ~G THE IEAIl (Arrioln Ra 000)

Pul iIlh I~ ~ Ilo1IIsaoi lonuI1saoe [l~N J t l PO$nOfII OF MllfIl 74TD1 AICl 0euroJlCmlEWT Of FUtClS AIoIIut Ik lDlI ___I bull~ f 5_1 kIII-- bull - -~ si shy

t1L ~ G 2aDi-l - shy- CIl frIJill ill-l412l1lJ ~oIFomds

lei Fuel A- [lj 41T[)l ojsJ ITDillJil Net ClmlIlt Assel5 [-r2T i~ 1_3ill j271T[SS]

N PERFORaLlHCE Of COlIIPAHY (Amwllll RsOOJ)

Tlnll1OII ITI2 -i L i lJIZ3 LL31middot~ r3Jl~~_

tJ3T( 1 57 a-LJ(Itl

GEHEltIC HAIlES OF 1fREf IRIHCIPll PROOUCTS

1 t _-FUds QV FUlls) CodIo No

2

3 NIL

ScheclJM 110 22 in siJed y Ihlllolowlg

~ RAJESH CMTUIlElllamp SSOOTES ~ I

bull 0-- di oIlW

SK_ DollId 2lIII1oIat_21110 -- ~IIIfl9r~ampe-~

CEOiCFO Certification

we 11- odbilljji led CU 8ijIlICbltt epacilieliISownn ampIotirIagrIg Dnaor (CEO) IFd Vice o-w (CfO) d soo~ lgtmed(ltgtoCornfrylOlMboltld ardbeIilIl oerIvtrlol-II) we live ~ ee lIIbltgtoamplinInciaI ~ noad wiIIlhe Cash FkM StaIIInWot d Senbo lnOlgtIneS Litnited

1orr-~3middotmiddotIlIntI2Cl0InlSllleNIl t81dart4 l _bIliIf (I Ibullbull de ngl ~ _ilIII Ibullbull or_ ~ lacI or_

lIOilSN1IblI tng _ ~1 __ 111_ I _-~-n_

~ iTa __

(tI) we _ lilbIsIdar if IId bIloII1lIIIlr1nIdOtlStrlIlllIICI tIle~ dUIrog

~_II1e~~arltAl bullbull ~lhe~eoaedCOtQcl

w lIodaN II illla~ d ed aJ onan 1Id C6 - Ked OQi lheCOdeolCcnltudilS~lPylN~_

(e) we UNr1ClllPC abIil beslilllIslqlnl l ODIlIroIIar 18Mll We heltdl ess d oornt sysIImS 01 CalgtanJ IIlilfnonl8 1ejO-- ~ tl tie 8IOIorI rdtlI AIdI COl_ I1olfio I(ies inle desIJl or oplIlllOi01such Itlma eortroII ~ any olwtJdwe arep3fllard stejlS takenorp-oposed 10 blIlallten b rlifov1g slICh oolioencie$

(d we_ tedanw_1MItlaIian tllha adnnllheALoltCo bull

(I Slfiji~~I onIefTaI~_~~ltUIlglher-

jiI Sy d8lJlI f ~-dellaWlg n lNllhe _ ~ lilNIrwlQiIl _

1 _Q$gl_f3UIl ~_=1- I Y gl bullbullbulleor ~I KlIenlhe~-~~-

M$Oillilllshy

c S Choudhuryvo-shy

~Iaqtion

~~tlIIulewr~Eta pnooad -09 (l l1ll(iildl-O_ 1le sma EAlw Ile eacle wbullbull SorirIr 1Mie Fwi lIIIIIlIoM oed eooue Code aJCcrWcl b III yelI endId 31$llllaodl

ForSoriIo hUres ~

shya- 1 bull V Dncb

28

-

-- - --

--

CA91FLOW $TJ1UlENT FOR THE YfJ~ BiDEDtiP IIAACM Z010 -- _shy1IIntltl 2f1

A calli FilM Inn e- gAdMliII5 - shyPdrllDaJrIaolt lD ~ l32ampl t 459 (251303971 ~bDocgt_ l$OnlIamp 134lZft9 ~PdlllJ bIbw IIoIIltlg ~CwlgII 16769 3S$) (1l JOl7I) (ro-~Wilrblil~ (Ottgtr tlan Cash-l CasI1 E~l 3amp521 301 (5510185) Cxh IO ~ fIvn 0parBli0ngt 221511006 116618564j Drreel T_PIId

l CnII FilM Opamng AlttiVitift 2215$il06 lU185641

II CUll Flow from Irwu~ng Acbrilies (248467) ~dr-lI8d~

nbiIg Fonogn etrq VinWI (29701199) ~farCl(lUl F~_

~ Net Call uMd ~ bullbull ~lI Adma

c e-Aoootr-f_ ~_ -edShn CCxlaI

PIgt --blsI tolt ugsReceJi_ d uo-nd u Oftrlb Slaw PrtIdoIl 01 pel ~

NatcII -cI in FNIICiol9 AcIvilieI l2107U43J NehlCi (cIao I lineal_ ~ ecuivaltnls1 8+lt1 (560~)

Oparong B-c orCallIand Cash EquiQIente 907371 eea CI~g BilInel of Cllh and Clsh Equivalanb W 907311

For ftOll_ dlho amp11

CS ClMufhury kIP ~ ob ow- cr amp~lrnIaIY

SIl II I I at Gewaf ~ amp~SfcreWy

bull AUDITORS CERT1ACATE

fila- roe _ QIIfl b e d sa8) MlUSTllIS LUTEDfarhe IlClt ended 31 wm 2010The 81_ beerl__ llr fl CcnopInJ awulIe row =eliIca 32li1il1lillAQl _ SIocIo ~_ _ _ __toBIIliIlaSIIIIMoI cnce CIIIfU-lrW1lIPJflb tliOld~

For gtASH CHATlfltD bull bull ssaxaTES ~laquogtIl ws

DeIeol- 28tl ~ 2010 PrtllU Ho~

29

~---------------~

BOOK POST

Senbo Industries Limited

Registered Office 87 l6fW1 Sarari KoIoaa 700013

Phone a33)2217 891516 Fax 033 2265 9485

Email senboindgmailcom Wilbsile wwwsenboindustriescom

Works KarbBla Sonarpur Station Road

KoIkata 700 103 Phone 033 2434 7339

Fax 033 2434 7341

Page 16: Sixteenth Annual Report 2009-10 - Bombay Stock ExchangeU8il. C8ncer R!sean::I'l lklil5 1il:l!l>tl1l 1lC. In8lldIlIor. lhe I!oItd_

--

focltl iOjA4an1 5of1tlltI ~ 0rilPlt 2 Forttgtelt 10 oltsltOIIIITgtI1l intheAAnexUl1l refemld 0 inparagrapI1 1ilbove we ~ lhal

(sl We hIM obl3Ined ltII b i nj elQla OIlidl kllhe beol 0I llU IltIooIIeIlge and rae were oecessaoylolhegtUpo5eofcur~

(h)InQJr~OO prQ)(IbookJ ofoxountasreqUred bylaw hMebeen llteptblIe ~solaras~ rQm onllamplTlalioo dhose books

(c) The 8alance Sheetnj Proftamp loss Aoourlt 00aIl iMIl byh$ Report are inag SEll IiCIIwil1 the books ofilCCOUnt (d) InClI opioioo ee Balance Sheet ProIil amp lois Acoount amCash Pow ~ Odh IIfAacultng Slaodiods

rlIotfed inSectioI21l(3C)oI1h11 Coo IlpanAct 19$ ill solaraskSlardarlls Up1l llhle to he~

(ej 01111e DaIS0I11l11811 ~oIIltnl recellltllrcentm lho ~as oltl 31ltlllorch 1010 -IlakM onrecoltd by he Boanl of DirtctltlrS W8 rcoon ltIalnone rJ the DillJdors aAI ~ ason 31S datd12010 frJm beng appl)i1ltK1as DndI-ltOnlhe---g0l~27 4 (l)j)oIlIe ~Ad 195E

(~ In opioioo MIl III Ihe best QUI informata1 andaaorIlng to the ~lions lJnto us lheS3IC financial_r-d no_WIth It Silt1Nfgtanllatu1tingPciOe5inl subjello ~oI 11~~01 BoniS GralIiIy LltMI EroaslYrent lIrId~ reeeeee COl Sltsu-Ily )epoKCtfw3I UacicaI $lcrliSheltmlIIl101 wIidltaanotbeendee1millad Notbull bull regardlllgroorgt-chalt gingoiRelteSlCOllnter~ 8oowllIfroma~~ ~S on Pamptj~on Sorory~ampuy Aibs lIrIdlC8iSand~

~ oW lreganlilg~or_dwithMibull F Kbivt UltI tho_lO Notll egarding ~ oIAotoonIllgStandard 1$~6enefds nllle AIallWs

1gt1 bnirg pall 01 SdeduIe 22 flIllCI ~ -Mlh oiliernolM lheren giesfie rIorTnation ill ite mannerso -ec by 1he~Acl 1956andgivealreandlatr Iij Inhecase ofee Baiance ~OlllleSlaleoti1l1aQCorr4gtonY31 Motttt -00 (il 1iI he caeoflte ProilampLossAIC0Iltgte105$ for IIfyell elidedOIlltlat dale and fli) I Ihe case oftheCashAow Statement0thecash lowsoIthe ~ tJrlha lIaI eMed on lla1 dam

For RAJESH CHATURVEDI amp ASSOCIATES Chartared Accountants

RClgtatuMOi- Dateel 2811 May 2010 ~MobMMbullbullbullbull

ANNEXURE TOAUOIT(RS REPORT IReferrtd to iI Paragtliph I 0 _ RtjlOl

1 In respecl ofis flxedassets al The ~ te5 ~pIqlliI reortlosllllfl ful ~ ndodng qumtoIYe details anlsi=lion 01

FudAsselsonlhebasisolirlJrlnallon8Yaiible h) kgtorrIng to ee iobmaion ifld explanalions gWen tousee Fixelt Asm IaVe beer physIaIIy-t by the it~alreasonahle lIlIlVaIsand no_ClISCtlIaICle__ongtltdoYftrifalioon

c) II cu- opnon he ~ laS 001 cIspo$ed d subsIlniaI pall of fiMd assets dIIingIIIe yearanl thegoing ll)rOm $I31US oIllle CompenlIS flOI 8ffeced

2 In rl)Sped ol lllY8fl1lrie5 ailemiddot I IF Old II us ~ SIIri dlinlahad goods sbamp lllIamp ~ argtl raw itIiIlera6 exoejIl sIocls ththll

PIlies and IaIl5Il dal a ll phy$icIII~ verified byIIIeiNMgemeot al raasooarMe rlleltlaiS blmourLlJllllOll andaccoofug tIllhe ir1bmalictt 8Ild~~lolSlha proceVesolJttysica

II Adlts foIowed by ~ -abla argtl adequate rela01cent Ihf size d Iflt Coo1pany and lltueolils~

cl Pol eplaled Igt thediwepancjao nolieoltI onnflclloon bo_ It-PhysicaI Slrlcgts and IIle Book Records oIlfIelevef material haoll bee~deallMIlhe booksolaccoons

3 ln~oIloarr

alThe ColrQan dunng he 18 ha$ taken ~ loarts 10m Coolanies isIed n toe RegISlel fII8IlIained Ofdmllll dfleCorapeniesId 1$6 dllSal3llanliillilt w11ree

b) respeetolloans and acMnces il1he oIloonsQbVthe Ccnplyt)any~sla1Iwheltesbpulatms havebeltln made partiesistilllls havegeneraly repaid the atnOIflli as 5jplaquo j oIterlanthose written Qll ltltrIng treyea

4 In OU opiI1ioo 8lId 1 Jollie io1omr8tion ilI1d ~ 10 us eee ae1ldeqJI1e i1temal 00fllr0I prooedures~wiIIllhe sizerJlhe ~ llIdlhe_rJcentS OOsiness lorthepurdlaseolstwes shymaterials irdJIlng 0CWfIP0IIIlls plant amp Ichiy ~ and olher _ and lorthe sale of llJXlS 8lId servilte ~ is regolalt intaking rorredM -eswtlenvll( major ~ in iJlemaI COOIrtIl are 0 31111lt1

5 InCUopnioo and accllI1Jing to lhe bull ottand explanatioos gven tous110 transaellOnwas madeb- purchase 01 goodsrodma_ arid salerJgood$ mariaIs 8lId_ III purwance 01Clllilaets (I 810ge0 l8IllS entered in the er malntaioad lfW Section 301 oIlhe CompaIieStltt 1956 andagrpgalilg o1rigtg the year III Rs 500(00Of more inrespecl ofeach Pall)

6 The Comparl~ has rd~ anydepolIbfrom the pubic inIl1IJIIIU 01 SecIoos 58A 58AAor anyolherflOyenanl prtlVlSlOIS ollhesa

7_lIOUI opiMln Company has lIrllrrlemai Auditsystem 000 lei0SInIeWIIh ltIs size and thefIIbe oflSbusJIess 8 AalmIlgt) iJIcIrmaIioo and egtpl3llllbOnS gigtO kI ustheCeMaI ~t has notprescnled 1eniInce 01

costrecudsulS209(1J (d)ollhe CMIpooieampAa 1956 bany~o1 lhe~ 9 Inrosped cl S1IIu1orydues

a) Arcming 10 Ihe reoords oIlheCorr(lany at 0UIWndng dIJes In respect of Providert Flft1 Etlploees Stale InslrarceWilst BengalVAT CervrnI SalesT- 1rgtCQme Taxes rmSI rknoiplII Tn F IorPolutioo Conlrol Tradii Wcense and tire liclne eamp haVl eeee paid du 2OOS-10

bl Aoord glo tile~ follJfId egtpIarIaIiom given 10 os 00~ or~ amets payablei1respecl aIiPlCtNTllltl sales au WSIOlTl5 OOly exose dulyordues peyIIbIe 10 any olher SaluloIy and II](Local ~

were oolStnli1gasat31 $I Marth2010loraperiodd rro-e tlao silt ~ from Ihedate theyeeeerepayaIW 10 The 8CWlIIAaIed losses oIlhe Company at theend oIlhe fio1niaI )Ilar a Ine= 01 its networth I has rcuml

caslliosses duIngtie l8 iIIIdalso inthe previous JnancIlII year 11 The ~ has notOOIaultedInPilyment rJltlues toany fnIIciaI lltllliortorbankorltlebeo1IUes tdders 12 In00 0lIlDl am ~ III the ~ an explanalion grven to us 00 loans an acMnces haYe boon

pliedbytie CompanyfS1 theblIsisrJ$lllUIIybyayorpledge ofshates debenIIresan OIlIer secuilies 13 In 00 opnoo the CorJImy is nor a chl bld or a r)(IlVrnutua fundIsooely Therefore daose 4 ( ~~I rJ the

Coo-nIianies IAuliIor$ ReJxx1) Odef200J ltd as amended upto-date iampnoI ~ IllheCompMy 14 mour opinion the Canpany has notrIeaIl or traded in shares ~ detlen1urelts aod 1lVeWnen$ ThBreliJIIl

clause 4 I) olIM CD-npanos (AWibs Reportl 0r0ar 2003 an 3$ _idad upIO-dala is ootaPflkable tl the

1S The ~ lias nol980 guaranleesfor loanslaIlten byotIer$ from BanksorFinanciallnSlillJllon$ 16 The~1l1asnot~ itlynew mm loans (Urg theyear- The Termloans OUlSlandllgallhe bullmiddotgrJthe

lUwasril 17 ~tc the formation an e~given 10 usandonan overaleaminalionol theBalaa Sheelal the ~ weare 0theopinionIN no $horImm1oarl$1Ia been usOO lor long IIm1 tl esIi IIII ltIS

18 lloong the yeartheCompany lias nor madeanyprelltmntial allotment rJsIllfts tl parIIeS and companies covered in theregf$(efmain~tJ~ 301 al theCompaniesAct 1956

1gThe Company lias nossuedany detlenIlIres during heY9i 20The Company lias notlta1Sed any money byway ofpubloc rssue dnIg tie yei1II

( 21 In ouropnion Ild laquoeortIngtc the iflformalion arld xpIinItiorl gwnlO us 00fraud onorbytIaCOIl8Y has ~

nlttioIld orfIPOII8d dumg ee year thtcauses thefinoncliI satamanl$ to bemalariaiymissaled

For RAJESH CHATURVEOI ampASSOCIATES Chaltta-d AClOInlmtt

RChatu-di

PIacIl Kal Dated 28lhMa- 2010 ~libeis1 shyNo529llI

--Balance Sheet as at 31- March 2010

SOURCES Of FUNDS SHAREttOUlERSmiddot FIJNO _ -

APPlICATlON Of F1JNDS csers

IM$--OlIlgto-=-o

shy

100479000 2 92680000

musUIlI

3 1~zn245

194272245

rot )9$411245

bull 321969 061 - 1410U6ll

ClJRRpoundNT ASSETS lOANS ADVAIiCESu bull __ C81t 8lai8-a I-t

Sbull

U~356 72152(1ll71tl610

n 1-sTUw)shycww

I bull (872lillllll

u eolor taaicn

nuoo NET CUIlREHTASSETS

-(21129111)

Pfl()fJT amp lOSS ACCOUa 2711Sotl$l

rc 3910431245

NOTESTO TIE ACCOUNTS 22 Thf~~ t1ooe bm iIf1 gal part1If he Ballnlo SheeI

In _ aI(Ill IIIllOI aloMn dale 8IIlIChed

tNrdgt]t 2Mlt

1al4790lXI

bull

muSllOID

211Jamp33ll8 21 ~ lA33ll$

( 1 S02 311

321J2OS]( 1S7 7llO 6GB 163929iI66

li3 t 2U amp6

01530 72152(7

11 213 701V

11576833

ro 1161233

16IU2(

4I S02

lor RIjMII ChIturvtd amp Anoc_ For Itgtd ~d

c_ shyA~i8b -e Kolall DaIId 2811 uy 20 10

C $ Cbcudhury KaII s aoptbull Viol 0- ow- bull bullshy

SK~ Gof-IFuIc~

---

--Profitamp loss Account for the yearended 31 - March 2010

Sd 1Wdl31 2010 INCOME Sale 0TltiiiPrtOoG cow klcJuampeI~) III SkIdlt 97l198 17878

135125ot

- shy

FQor gtlis OtlerII gtlisee-J

leoSOibullbulle-- -COW-SeAng amp Pnldua De I bullbullbullbullbull --Ilems aI ltIlmllle yNr

n

ts te rebull

11)49028 120932 m ~12J51

2fioI7454 195538 6928685 6 ~7ampM2

5861 892 2929647 921633 92216

16on064 13822019 aee 158ll3ll

ltm s

PROFTT I (lOSS) PnJlil I (los$) bebw ~ (330542 4)) (25040611 ) PIoo$(o b ~ - FBT (10400)

(33054243) (25111011)

J 17~20

(238383798) (21 31530011

(271 1SUS7) =

For IOJ Of )tNI d lIlo 8tgton1

C S Choudhury K1ijal Sengup~

Vici ClamIa-l C1IiimIM amp IIiIgtIIloWll Dnltlltrr

s KMukllopacfhyay -~IFn1naJJ amp~~

NOTES TO THE ACCOUf(fS

In IemIs 01 1M reptil 0 (MIl rIaIe attadleIl lor RajKh ChaluIYIIdI amp ~t5

R ClatucIi-Dated 28th May 2010

- - - ---

- - -

bull bull

SchedulesForming Part of 8a~ Shelaquo F AUI middot MM~312009~3121110

~

SHARE CAPITAL Auhoflllld -- shy~

lllilOIX~_ltJRsltl-_ 120000100 ampaooOOO

luued Subsaiblld Paid upJlIlIOIlIl~sr-ltJ Rs tgt-- fullllI Ult_- - - -shy

104909000 104900000 I Oli HICl Eqity Shno 0 ltl- YlI_b__ - 50ltI (lOO 5091000

- -11 o000DOO 110000000

- SharCI _1 A_ 1S21ooo 1521000

01419000 106479000

2 RESEIM SURPlUS roo ~-CapcentlIwbsidy (Gcwl Ql West Bengali 1SllOOOO 500000 _ 91 13000II 91l31ooo

9268ll000 92600000

2 UNSECURED LOANS From eeeesCorpaote 194272245 21 7343388

194272245 217343388

8 FIXEDASSETS tEPREClArntl _shy_~

~-~~

bullbull bullbull ~ bullbull bullbull bullbull= - l Ol20 ~ D1 [)I1IXamp _

111lllll1O 11Ollllili ~ -~ -

~ 1$1 -- ~ ~-

2lt W - rWlro til1 TampI s

_~

I~ _ ~ ZSO~13relt 21U8325DlgUO gt5~O IG lJ231ae 390428)1 lIJ I3 m~l08

920 -~ ]100) _113 Zl(lllll~-

ll~ SI2 T3 1J2 M~ -- - m ~ 511~

_ I RIiloo _133lt0 romiddot ~ 611811ll 1138lt20- I 11 oIol ~M- - _m

IIIlt shy-- l1t12I571 2400II l1t 1 51~ - ~ crbullbull 163mllRi m ~IO3ll -l2alte2to l2TnO510 1IJg6l5111 11Il22OW IU lIOlIOlI T83 mJl(lll

-~

18

-~-----------------------------

---------

Sehtdults Forming Partof Ba-- Shell

see INVENTORIES As -en-ee lyNuCl

shy--shy~r omooos _bull Clro- Sa eo CcocI Orooer Sa C llcUIIW

lMs PIIl_kw~c

CASK 8AHK BampLampCES c1It-_amp__ bull

cr~Sd

ocat b a- ( (00 _ 0-_1

LOMS ADVANCESbull shy~

1vJ ~_etl 0

II_Clfb_tlt_ AMrakwf = _b - FB7 (fY2IlllI-lI9l _ FS T -Y2llraquo- tI e-PLl

1Iwll ow F- ~ lane F- PClI _ Tax AI ~ InpIlIVlTIW bull

s CURRENT LIA8lLIT1ES PIlOVSlONS ACURRENT w8IUTIES0- _

bull SSJ lnt

-- shy- SeoIII) 0tpaM Reo 4 o8Cl

rMra F o-n- ~ IPl sad PaIl ~

bull~ FOR TAXAT10H FmlIlIInIM Tax

ts

IIIwcb 31 2m0 -

6111$ $ 681 fjl

U 1U5S 1991 53

119904163 ~n9~16

1l1527

2 ~ -

UOgt -

17 bull lgtS ~11

om SlD5 211503 ~ ~ ~

-

8718610

lt10901 S790 151 -wm

310(0) uo48ns_

( J MardI31 2Illll

shy21i21l6ll j$~1

~lSI

1( I1SOOJl2Z

11713 ~ 1795 11

12lsWshy

lW111

_137f

6913201i

2JOgt rea

1Ui

l12n1M

63522501

3100XI

11576)33

ro 70bull00

- -

--

- -

- - - -

SltheClIles f ormingPart d Profit amp LO$S Aceounl

10 SALES

-~- -- 11 OTHERItCQME11-[ melt

12 flaquolN OPERATING INCOItE LatIy lnt1en Ilad

13 RAW MATERIALS ~ Slcd01 Raw ~ Add PudiBse Duling he year

less ~ Stock IIntten 01

__ less ClJsrlg SOdl

15 UTIUTIS - POorCf amp fue l

FltnI8OOOiI shy_=00=4 of ~ 16 PEIlSCNtlEl EXPENSES

Salary Wa1eSEltgtlus ampExQlIJl wgtltl~

Co ConlrbJliorllll P ilIId E S I F fICmIrOW_~poundlC

Stl ffTffin~

LtWm 8 liwiIs

17 Olli ER EXPlNSES AlOIo FlernJnn1lO1 B3ltkCh Books amp Pto odicaigt ConsJlanc S service CtIatgts eooooo Diltectgtf Sitmg Fee Oonaion amp SltIbwEnt9llJirlrroerj bpelMl$

-- V endIltI ~ 1 200IIM~ J1 2010 h

- 2(6557 l4t64

lJl17li 457449 172899 _ - ciJ8S

420amp82

420amp82

~62U68 1441323 96691 l294m

2111359 21421 00 162n

2050~ 2742100 501554 2621168

_1~9 ~ 120132

194905 sbee 407285 ~

Zn1 1~ 412351

2320 ~J 751578 24367 17lt581

15379 ~

264745C 1guraquolIshy

OI0tTO S4lll292 370512 35096

17412 19J11 ~ 911 138 574902

6928ampamp5 - amp471gt12

1890~ -zsesm a 18793 4308amp5 29864 207818 152574

~40000 ~ ~

55189 ~

-_---------------------

--$lttdules Fonning Pillof Profit amp losl kwunl -

FIQlIy Fcnrc ~ RligisIi 01- shy shyPlIge amp_Ii Prning amp S -_ Wi _ t XD - shy

VIhdI a -

UidbullbullJ- 5aLJrtG amp PRODUCT DEVaOPllOO

Elwo_ 11_ C

e shy- shy CgtWltGES CIlCllfl CrdNc

middot~(IITOS bull CIlE$lDl-

shybullllII

ITE-s MllTTal on DURING THE tElR ~OIlIIe _ncIl11ngi1r___

21 AOAJSTlIENT llfLlnfG TO PREVIOUS lElRS ~~ToPt

---

IIIrdI 11 2lttO

293~ aeses 2013

3 67 37 37193

31 lOl

~

_~l-m

V

scs 2671

~

-- IampIrcII 31 20Ili

shy321581 271850

92 312102115875

~ 500 ease ~ mno10 ~ 3lrn

OW

eo ~

m me

nM

21

n IIOTU 0 ACCOtIITS Slttw- tlmnI prI die ilalfte srt1Il Istllllrchola nl PIlIIII amp 1JIIs-aul trn _ -1IlliIlI31YIrct2C 11

t Sifi_Ac bull shyt _1 8o$lS CFACCtIUN7JrIG Tht~ e p wl-MI_UlcstOll__l Ol atCIAIba5lSd~

C_ lIOltUSgqIUI)lfICl- i1b1el1l~ c__11IO

oonplyOllfltlt~~ ~ eolAaNIfSWdilnl) ~ 2lD6 puSUiRlc5ecbI211 (3C)1te eooesAcL 19561 lto6lmiI) Gle~ ~ ll _ (_ CAAPI ~andft~ pvmIOOS DIN r~-1956 Tht~ pJlIQeIl iQCQIlSISIonampyamplplledbyN~

12 USE Oa STIliAn The_n_of~~~OIIhGAN~~ lDmakelSllnllllC ~ fllIlllKttlt r8pI)1ed-td _aod- ltIIodocltre 01 ~ngenlliltlillIes

bullbullbull_dbgt ~ tol -l had pjoesrilrng IIMI ~ penxl ~~ 1IIilinaIIls b8sed l(lOII iitSmiddot be kloItIatunwl ~CIlUOJ

3 RXal USETS fI F_-iIl~ oxa oleUeoabIfII1oa 1C05IIICUlli5 IIIGUei llclir-wh tJitS-mcubullbull__

Ib)Tho~_rJbed _d__QnMj [ ~

laquob)i u lEPRfQA1JC

00 bull d -1_cnoodIl CIIIIriiIgb me ~ lillle-~ Slt1leOjo JNrJ ~AaI956 bullbullbull_

~ e-LCIII_~~ding 1efW _iii dlldl e-ertSaly~oo__ bull bull Ii middotded~r~4~_d_

15 MPARlllEtITF ~taehilllalCli SIlIlIll_iDl __ Ii CIIe__~

rldicIIt rt ifllleao_ ~ 01 bad _ lt1Plomgtooed N pa_ lCJsI le1 _toe lltT)lIlll_fII oIl1e ~ lib11 tJIJIIJ Cash GEsIili lN (CGU~Of ollelexceeds_1JIfiUt Tho__ Ii hi QIMkI d1lgte_net ~1IOIiI$_In~vaIle ~ hees~matad lltlft cosl lbw mUle use ollne aiiSs diIcounled 0 Ilelr Pfesenl_ 011 WIlltl_ M ompAtTIIMlllCJsl is~ j tt- _ --linllertlCOYlfalll onanlrld sunlrlss_OOIorgor_OfModicgtaw ~ Ioa l JlMnIIlterMa ~ tI N carrp1J -01- _ Mlil1 case d CGU

7 I Jok CIII~~

11 MfIlTORIES (___~ t_ ~ -cIII~d

~roolSldlel I ~-_aI _1ot-IIIDdQn5

~___~COIlf~plOdocII_oelDI n DbeJddampl7ampblgtIealll ColIiMlill- shy(bl- __- __~hsIoecgDCII2I --=lIl_dalilnnll

II ColI d a- ltIiel IItnIr _ pencil 01 _

~CllljO _

11 ~ a OGCOSTS amp0 g_hl~tI t Of~olhec __ iIo-t ~aolglgtltdgt_ _oWIOcoAI_dWgoltltJ~_

22

18 REVENUE RECOGNITlON ~ tom the$3Ie ~ goods(rouong TrllIi prodJctloo1 Ilottlesl IS ~ t4XJI passage 01 titleIe the cuslomen wtgtidl ~ _ Iheir ltIeliver) ~~ -y cui 01 gtltu ltifIe cIiimr 8lc altcOunlted rasand hey ~ fnaIydetlt1rmonod

19 PROVISIONSCOtITINGEl UABlUTIESAHDCOIffiNGENT ASSETS lalA pllOISIOn IS reoogrrised when theCUI1pal) tlas bull n-Jl otIIIgaoon as ~ 01 __ -l ~ ~ an CkIlkgtw 01 resource Of t ~ 10 $OllIe the ottgatiltJn in respect 01 wIldI ~ ~ _ be_ ProyenIIions are not diiowlId l)~ ~ ond a ~ -d (WI be5l OSlimate ~tl_ the abIigaIJooat he -e__ These _ atNd baJIIoce sIleel

d e -l~lO fllIoa lhe~~l~te

(h) Cootingenl labfllies ~ byY offICIIe5 IC (0) ConlingenlAwlz~ Y_egtlaquoepl lor lho purposed _ellol-

110 lEASE Sne 1(1_ has beenlICqIOrOO to-PCl ~~ l)pe 01wiI be deIenTwgted WI

~ 111 ACCOUNTlNGFORTAXESONINCOME

In-01 lilt lossb tie year ltJ1der revi Taxeson CuretC anIDeleltted Income have notansen

112 SEGMENTmiddotWlSE REPORTING The~eXltiJsiwe~ 1$ maruaeturinJ yenIll lI 0I V Fblsnl such in theopinocgtl Qfie Ibr1agemenl ttIil is lhlI (IIy lepo ~~ ampe9fIIlOl per AcclInng SllnIiard 17 on SegnetC Repor1lnt =oed by n - 01 Owtered AaxgtuntlolS or lnclol There 15 no ~ GeograpIwal segmenleithelt

111 EMPLOYEE BENEFITS (I) llelnod COOIlIbtlJon 10 prQIIidertfind ard empIo _ 0SlGII00 arediared Ie~ amp loss 1lCttUll 01 fill _ GleQlIIIrtbulions lOthe~ bIClS n 0JIlThere ate roo 0IheI 00lig81i0nI Ie Ihe eo IJIt I oe-er lIaI1 clJGb6Dn payable to therespecIMI-uy illIIIltntJes (b)Mninul1 _ or bonusasrgtcgotiated fmm n 10_ os lIo1W oCCOIJlted arc pood ClIIIl basis 0$1 -dQlllSlSlfrqt (0) No _ llInIIfit5lCthe~

Id) A molteltolco_ y_llerooIIin lhebmaigraUlyisllilllltraquo_ ed oncashbBSltl

1 _1~ POLICY ON EARNING PER SIWlf (alBMcNrnig persharelliltAlQ ~b)~lhetgtet~OIlossallet end rtude POSlIPeeclolany ~ ilem lor the peroltl IlItWtIlo Il~~ by lheweoghled ~_deqlJty shlIe wtsIMding dtgting ~ pergt)I1 ThegNed _ 01 equity share$ 0JISll0 tUroll tle PriOd In-fore_ fgtCiUdirIg a txnIs iDoJ tIatUI eleltnenI 3 right issue spill d __ or reverse tPl (1elXlISOIidaIiDn or_os) lito made dunng lteV-- (bl Forlto purpose or llIkulatJIJ ltlIuIod rmroJ per shire Ile Il8I prolil d ltJfl penod_ eqJfy 51eIclldelt n tie ~UltJef ofesQJDldo ltkngtg1MperiodInedforleellecls d II dilutive poIenIIIl d laquoJI- shy

115 PROVl$ION FOR TAXATIOti 13) Tax pense for1M)83 ~CUfeot ill ampdefMed isi1cloled Ie fIIt pltolit (lossl fortrleyeor (b)A~ IImadefortheCUTefIllagtbMlOlillIiltlOity(ltJmpU1ed 01 aoordancIe _ RlevariIlagt raIeSand ill A Pfl5lCl IS made fol cleIemclllDl for1rr9 ltttrerenltel rIsing and liCOJUOlg _ alarreotty Ofsubsl8I1Mjyenaded (e) ~ Igt-Is are ognised 0fIi) ~ _ is certainly 1l1111lhey wiI be INiZe6I1ld 1IOewedfollle~mm sheeld8led1letrIlspectivecarryolg_lIl11dlballiltllte

116 FOREIGNCURRENCYTllANSACTlON ~ applicableFltnql orn=nq lrrIsaGtiolls are accounleltl for at f1e elltolrlge rale prevaiing at the blttnsaction dilte Yearand mnetary assets and liahiitiesItIIoreignournrq are Ir3n$Iated allIle appHcaOie year end e chaoge ~andlIle ~ dilIeo elt ICe is eoognrsed $gaOl oo lorhe ytII

2 In tleopihJndlgtt~ Iho maM3llIe_ dlllaS$8l$[ eilherheentire~amp~ ling Ie 1rftVerwus Fbl ~~ tle0fIi) CGU cI ~ or Ile _ I tlNll l1Ier fIan tIo$e Ii respeclMCltlII)iniimlUllalLId1 assets no ~_IIason trgte Balance Sleel ltllte

lal Bank ~ fa 01 W8$l Be1l1 s_ ElltctncgtIy DioIiboIiltM ~ lid m

(h~ Claim agaiosIheComooy 0l0l ~ 3171849

(c)Oarn01 cerw ExCse CIuty InIer ApplrIl kI Trtlur8I no818

4 Asrc IleIeSlllls beenchargedOf1Ioler-Corpoltole~ he_lias flO beeoleswnatednj ~ n shys Partl OOIlfJrnlaliolt in respect 01 outslar1di~ balances JIr SuIlay DetbI Sltnlry Cltedl1DlS Lwns M~bo-on - inlrl OIIII$Idenolio1lh__

6 The Contrtd _ MI$ e- 81goroeemg 1M COo~adtA IISPObIe for Renovatlon wonlt at Fadlr was teminated dlIlI to pocI and sub-llarolard~ 01 wo1lt and maleliaIs At prtSeI1I hmalilt isurderfillg3lion

7 On iilllleial- ~lSioId CllIlridol~ djotlbyWs FreseruKab Pvt ttd (Fresenlus)1Iith eII8cI JrorIl ztSl Augull 2OOl5 fie -1t 01 ~ _ F-_ 1OImOa5e in cowetSion lthave Godown Iml Vat IDS tlfuMnl $aIIp by hit ~and~ of F-- has enuo oed UI~ cliIIe an no 8lUSImIIthas bftnmMI inherftIIIIld aaolIlIS thnfor

8 NJmaRECEVEOGAlNSTSALEOFPlANT ampMACH ~ E RY

At ~ tgty me Cornjgtony sctI--(dIi 000lt1 ~ -- amp FducalIon l id ~ JtImne _ oIRs 315 CtCQ edt ClIt ol Rs 612cnnsdUlWlg2009-10 iOJIinSl- 0111 Fluids 1Tl8I1~

maIonenes for wllCtlappmpriae resoIutioM -e passed tlf the- Companfs sharehllderson171tl ~ 201 0 Thoi Wesaid -m was ustd by he ~ IIMartlI ~~ 01 unseated kHI J-d from -conponieo

9 MIslment relathg to pr1lIioo ~ ear amounting to Rs 2157641middot ~ net 01 ~~ br Bank Gunnlee released by Bs1 ~ 10 R 7740121- party dsll bypro perod Alary Ib 37097shyrlIenlSl a-o dN)ood ~etarges etlt Rs 371 151middot01 N $arne year

10 MICROSWIILU tpoundDlllM ENTERPRIsES The COnpano hasflOl recewed Ifl IT 0 bull as IIqIJinld 10befledWIfIlhilllOllied ltlJlt(nIy UIMler 1le cro SrtalI JtId MecWn EnIefprioes ~M 200li c1a1Tlll19 tler S131S as00 31st March 2010 (and also 31st March 2(ll)9) rrntroSlIaIlard medlrnenlerprises~he_1Slicl payabIf klhlse dUIWIg_ l_~__l iS nl

11 The ~ III yet to fto -V adopI~ Standard 1S EmploY Benefits (lWes 20(5) issIed by ee 1nstilIJIl 01 ChaIltred AccoulItaols 0I1ndia ant deliilIed discIJslns reIaWli to Oefned Btnelil PIons couId FlO be fnidellollcrnonlS andRe9ortshy

12 RElAI ED PARTY DISClOS~RfS

DiscIoluesasreQUredJIaxulIilg Sagtd8Ill18aregoenbelow

LdofRm~~s

SenboEngneeMg Limited se KrojaI SenguptaErrOclln 81gi_oog Pvt lid -- shy8eeni I-IoIoifgs PIlI tid SnC S ChedMY

Dr Sll8IllaI 0lalCI1D0I1ySenboEnm ampPvt Lid SoFTarIp Kumr OVIkraOO1y Or Asilth Kumar Sengupta

-Trrnsactions with Related Parties duting 2009-201 0

Nature o u pses KeyManagementComj)lnics Personnel amp IWlati-u

(- lRs)

Expenses Ditedors Remuneralion Cullllllt ear ~ Nil

~ Nil

Dirnctorn SLtJIlg F Current lar- shy 40000 Previous at 2a COl Inoome

Electricity amp Diesel 71373

54358

Outstanding Balances onJ~ March 21)10

Unsecured teen CIIroIIt Year 1S4m245 Previous rilar 217343388

13 EAR~ I N GPER SHARE

Cumml Yn (Rs) Previous Year (Rs)

Net Profit I (Loss) after current and ~ tax Weghled Average

(33054243) 251 11011 1

Numtgter of Equity Shares 01 Ri 10eadlason 31()3-101 0 10647900 1O647OCXl

EamOngsPer Shale(BasicandDiluted) 14 FigUIeS to thepreltioos year tevebeen re-arranged and fe-9ouped ~ necessary

is Informatioo PlJfSllaI1l loNotllication UIIllerScheduleViofthe~rns Act1956 IAscertifiedbythelllartagement)

CIfIlInt Year

Oy INoofSoltMI 151 Annual Capacty _ PrOOLlClion

15 11 Used Capacrty 1aOOClOOO ~

1512 I rgt$~ Copltgtdty 18000000 ~

1513 TrialPrndLJClS of Irl1tlwenous FlJid _ MacIliroI upgradatlDr1

r p~~~ 157634 1178355

Saio oITrial FroducIs ol-shy 24244 206557

153 I -V FUds BottIos 191 18664

154 -shy IV FOIds Bottlogt 135309 990461

Pn0IS Year

INo_ oHloltles) IRs)

16000000 ~

18000000 ~

17878

~

1919 186amp4

-- --

CUrrtfltYtar shy- - (Moe-) -1 55 -- M5gt I PIWj G M M M M M M532 0_ lt0shy_~

GolI-ampO -- c_C_ -shy

1511 1572 sa-ls-o

-- -- -- -

- U - -- _ar shy_Cshy- - oW bull

~amp2 ---- M

bull bull bull_- -_ M

u uUm-- S bull bull

IS 5 12

0shy - a

1t11Pt a a-M

~

M- M

-

PCIY_- M M

M

1111 M

~~ 11

-

c

l

-

Informationpursuam to PartlYofSchemJItVIof the CompanilsAct 1956

B 1IceSl-fAbaraer_~~8U$-_

REGlSTRATlON DETAILS

~i No CJrI L 22 fTfTi( B I 9J r pT L o amp3Z 7a

llaIIAe Srleel DtIo l 3LlBpIl l amp11 oJ tl CAIIfAL RAISED DLRJ~G THE IEAIl (Arrioln Ra 000)

Pul iIlh I~ ~ Ilo1IIsaoi lonuI1saoe [l~N J t l PO$nOfII OF MllfIl 74TD1 AICl 0euroJlCmlEWT Of FUtClS AIoIIut Ik lDlI ___I bull~ f 5_1 kIII-- bull - -~ si shy

t1L ~ G 2aDi-l - shy- CIl frIJill ill-l412l1lJ ~oIFomds

lei Fuel A- [lj 41T[)l ojsJ ITDillJil Net ClmlIlt Assel5 [-r2T i~ 1_3ill j271T[SS]

N PERFORaLlHCE Of COlIIPAHY (Amwllll RsOOJ)

Tlnll1OII ITI2 -i L i lJIZ3 LL31middot~ r3Jl~~_

tJ3T( 1 57 a-LJ(Itl

GEHEltIC HAIlES OF 1fREf IRIHCIPll PROOUCTS

1 t _-FUds QV FUlls) CodIo No

2

3 NIL

ScheclJM 110 22 in siJed y Ihlllolowlg

~ RAJESH CMTUIlElllamp SSOOTES ~ I

bull 0-- di oIlW

SK_ DollId 2lIII1oIat_21110 -- ~IIIfl9r~ampe-~

CEOiCFO Certification

we 11- odbilljji led CU 8ijIlICbltt epacilieliISownn ampIotirIagrIg Dnaor (CEO) IFd Vice o-w (CfO) d soo~ lgtmed(ltgtoCornfrylOlMboltld ardbeIilIl oerIvtrlol-II) we live ~ ee lIIbltgtoamplinInciaI ~ noad wiIIlhe Cash FkM StaIIInWot d Senbo lnOlgtIneS Litnited

1orr-~3middotmiddotIlIntI2Cl0InlSllleNIl t81dart4 l _bIliIf (I Ibullbull de ngl ~ _ilIII Ibullbull or_ ~ lacI or_

lIOilSN1IblI tng _ ~1 __ 111_ I _-~-n_

~ iTa __

(tI) we _ lilbIsIdar if IId bIloII1lIIIlr1nIdOtlStrlIlllIICI tIle~ dUIrog

~_II1e~~arltAl bullbull ~lhe~eoaedCOtQcl

w lIodaN II illla~ d ed aJ onan 1Id C6 - Ked OQi lheCOdeolCcnltudilS~lPylN~_

(e) we UNr1ClllPC abIil beslilllIslqlnl l ODIlIroIIar 18Mll We heltdl ess d oornt sysIImS 01 CalgtanJ IIlilfnonl8 1ejO-- ~ tl tie 8IOIorI rdtlI AIdI COl_ I1olfio I(ies inle desIJl or oplIlllOi01such Itlma eortroII ~ any olwtJdwe arep3fllard stejlS takenorp-oposed 10 blIlallten b rlifov1g slICh oolioencie$

(d we_ tedanw_1MItlaIian tllha adnnllheALoltCo bull

(I Slfiji~~I onIefTaI~_~~ltUIlglher-

jiI Sy d8lJlI f ~-dellaWlg n lNllhe _ ~ lilNIrwlQiIl _

1 _Q$gl_f3UIl ~_=1- I Y gl bullbullbulleor ~I KlIenlhe~-~~-

M$Oillilllshy

c S Choudhuryvo-shy

~Iaqtion

~~tlIIulewr~Eta pnooad -09 (l l1ll(iildl-O_ 1le sma EAlw Ile eacle wbullbull SorirIr 1Mie Fwi lIIIIIlIoM oed eooue Code aJCcrWcl b III yelI endId 31$llllaodl

ForSoriIo hUres ~

shya- 1 bull V Dncb

28

-

-- - --

--

CA91FLOW $TJ1UlENT FOR THE YfJ~ BiDEDtiP IIAACM Z010 -- _shy1IIntltl 2f1

A calli FilM Inn e- gAdMliII5 - shyPdrllDaJrIaolt lD ~ l32ampl t 459 (251303971 ~bDocgt_ l$OnlIamp 134lZft9 ~PdlllJ bIbw IIoIIltlg ~CwlgII 16769 3S$) (1l JOl7I) (ro-~Wilrblil~ (Ottgtr tlan Cash-l CasI1 E~l 3amp521 301 (5510185) Cxh IO ~ fIvn 0parBli0ngt 221511006 116618564j Drreel T_PIId

l CnII FilM Opamng AlttiVitift 2215$il06 lU185641

II CUll Flow from Irwu~ng Acbrilies (248467) ~dr-lI8d~

nbiIg Fonogn etrq VinWI (29701199) ~farCl(lUl F~_

~ Net Call uMd ~ bullbull ~lI Adma

c e-Aoootr-f_ ~_ -edShn CCxlaI

PIgt --blsI tolt ugsReceJi_ d uo-nd u Oftrlb Slaw PrtIdoIl 01 pel ~

NatcII -cI in FNIICiol9 AcIvilieI l2107U43J NehlCi (cIao I lineal_ ~ ecuivaltnls1 8+lt1 (560~)

Oparong B-c orCallIand Cash EquiQIente 907371 eea CI~g BilInel of Cllh and Clsh Equivalanb W 907311

For ftOll_ dlho amp11

CS ClMufhury kIP ~ ob ow- cr amp~lrnIaIY

SIl II I I at Gewaf ~ amp~SfcreWy

bull AUDITORS CERT1ACATE

fila- roe _ QIIfl b e d sa8) MlUSTllIS LUTEDfarhe IlClt ended 31 wm 2010The 81_ beerl__ llr fl CcnopInJ awulIe row =eliIca 32li1il1lillAQl _ SIocIo ~_ _ _ __toBIIliIlaSIIIIMoI cnce CIIIfU-lrW1lIPJflb tliOld~

For gtASH CHATlfltD bull bull ssaxaTES ~laquogtIl ws

DeIeol- 28tl ~ 2010 PrtllU Ho~

29

~---------------~

BOOK POST

Senbo Industries Limited

Registered Office 87 l6fW1 Sarari KoIoaa 700013

Phone a33)2217 891516 Fax 033 2265 9485

Email senboindgmailcom Wilbsile wwwsenboindustriescom

Works KarbBla Sonarpur Station Road

KoIkata 700 103 Phone 033 2434 7339

Fax 033 2434 7341

Page 17: Sixteenth Annual Report 2009-10 - Bombay Stock ExchangeU8il. C8ncer R!sean::I'l lklil5 1il:l!l>tl1l 1lC. In8lldIlIor. lhe I!oItd_

b) respeetolloans and acMnces il1he oIloonsQbVthe Ccnplyt)any~sla1Iwheltesbpulatms havebeltln made partiesistilllls havegeneraly repaid the atnOIflli as 5jplaquo j oIterlanthose written Qll ltltrIng treyea

4 In OU opiI1ioo 8lId 1 Jollie io1omr8tion ilI1d ~ 10 us eee ae1ldeqJI1e i1temal 00fllr0I prooedures~wiIIllhe sizerJlhe ~ llIdlhe_rJcentS OOsiness lorthepurdlaseolstwes shymaterials irdJIlng 0CWfIP0IIIlls plant amp Ichiy ~ and olher _ and lorthe sale of llJXlS 8lId servilte ~ is regolalt intaking rorredM -eswtlenvll( major ~ in iJlemaI COOIrtIl are 0 31111lt1

5 InCUopnioo and accllI1Jing to lhe bull ottand explanatioos gven tous110 transaellOnwas madeb- purchase 01 goodsrodma_ arid salerJgood$ mariaIs 8lId_ III purwance 01Clllilaets (I 810ge0 l8IllS entered in the er malntaioad lfW Section 301 oIlhe CompaIieStltt 1956 andagrpgalilg o1rigtg the year III Rs 500(00Of more inrespecl ofeach Pall)

6 The Comparl~ has rd~ anydepolIbfrom the pubic inIl1IJIIIU 01 SecIoos 58A 58AAor anyolherflOyenanl prtlVlSlOIS ollhesa

7_lIOUI opiMln Company has lIrllrrlemai Auditsystem 000 lei0SInIeWIIh ltIs size and thefIIbe oflSbusJIess 8 AalmIlgt) iJIcIrmaIioo and egtpl3llllbOnS gigtO kI ustheCeMaI ~t has notprescnled 1eniInce 01

costrecudsulS209(1J (d)ollhe CMIpooieampAa 1956 bany~o1 lhe~ 9 Inrosped cl S1IIu1orydues

a) Arcming 10 Ihe reoords oIlheCorr(lany at 0UIWndng dIJes In respect of Providert Flft1 Etlploees Stale InslrarceWilst BengalVAT CervrnI SalesT- 1rgtCQme Taxes rmSI rknoiplII Tn F IorPolutioo Conlrol Tradii Wcense and tire liclne eamp haVl eeee paid du 2OOS-10

bl Aoord glo tile~ follJfId egtpIarIaIiom given 10 os 00~ or~ amets payablei1respecl aIiPlCtNTllltl sales au WSIOlTl5 OOly exose dulyordues peyIIbIe 10 any olher SaluloIy and II](Local ~

were oolStnli1gasat31 $I Marth2010loraperiodd rro-e tlao silt ~ from Ihedate theyeeeerepayaIW 10 The 8CWlIIAaIed losses oIlhe Company at theend oIlhe fio1niaI )Ilar a Ine= 01 its networth I has rcuml

caslliosses duIngtie l8 iIIIdalso inthe previous JnancIlII year 11 The ~ has notOOIaultedInPilyment rJltlues toany fnIIciaI lltllliortorbankorltlebeo1IUes tdders 12 In00 0lIlDl am ~ III the ~ an explanalion grven to us 00 loans an acMnces haYe boon

pliedbytie CompanyfS1 theblIsisrJ$lllUIIybyayorpledge ofshates debenIIresan OIlIer secuilies 13 In 00 opnoo the CorJImy is nor a chl bld or a r)(IlVrnutua fundIsooely Therefore daose 4 ( ~~I rJ the

Coo-nIianies IAuliIor$ ReJxx1) Odef200J ltd as amended upto-date iampnoI ~ IllheCompMy 14 mour opinion the Canpany has notrIeaIl or traded in shares ~ detlen1urelts aod 1lVeWnen$ ThBreliJIIl

clause 4 I) olIM CD-npanos (AWibs Reportl 0r0ar 2003 an 3$ _idad upIO-dala is ootaPflkable tl the

1S The ~ lias nol980 guaranleesfor loanslaIlten byotIer$ from BanksorFinanciallnSlillJllon$ 16 The~1l1asnot~ itlynew mm loans (Urg theyear- The Termloans OUlSlandllgallhe bullmiddotgrJthe

lUwasril 17 ~tc the formation an e~given 10 usandonan overaleaminalionol theBalaa Sheelal the ~ weare 0theopinionIN no $horImm1oarl$1Ia been usOO lor long IIm1 tl esIi IIII ltIS

18 lloong the yeartheCompany lias nor madeanyprelltmntial allotment rJsIllfts tl parIIeS and companies covered in theregf$(efmain~tJ~ 301 al theCompaniesAct 1956

1gThe Company lias nossuedany detlenIlIres during heY9i 20The Company lias notlta1Sed any money byway ofpubloc rssue dnIg tie yei1II

( 21 In ouropnion Ild laquoeortIngtc the iflformalion arld xpIinItiorl gwnlO us 00fraud onorbytIaCOIl8Y has ~

nlttioIld orfIPOII8d dumg ee year thtcauses thefinoncliI satamanl$ to bemalariaiymissaled

For RAJESH CHATURVEOI ampASSOCIATES Chaltta-d AClOInlmtt

RChatu-di

PIacIl Kal Dated 28lhMa- 2010 ~libeis1 shyNo529llI

--Balance Sheet as at 31- March 2010

SOURCES Of FUNDS SHAREttOUlERSmiddot FIJNO _ -

APPlICATlON Of F1JNDS csers

IM$--OlIlgto-=-o

shy

100479000 2 92680000

musUIlI

3 1~zn245

194272245

rot )9$411245

bull 321969 061 - 1410U6ll

ClJRRpoundNT ASSETS lOANS ADVAIiCESu bull __ C81t 8lai8-a I-t

Sbull

U~356 72152(1ll71tl610

n 1-sTUw)shycww

I bull (872lillllll

u eolor taaicn

nuoo NET CUIlREHTASSETS

-(21129111)

Pfl()fJT amp lOSS ACCOUa 2711Sotl$l

rc 3910431245

NOTESTO TIE ACCOUNTS 22 Thf~~ t1ooe bm iIf1 gal part1If he Ballnlo SheeI

In _ aI(Ill IIIllOI aloMn dale 8IIlIChed

tNrdgt]t 2Mlt

1al4790lXI

bull

muSllOID

211Jamp33ll8 21 ~ lA33ll$

( 1 S02 311

321J2OS]( 1S7 7llO 6GB 163929iI66

li3 t 2U amp6

01530 72152(7

11 213 701V

11576833

ro 1161233

16IU2(

4I S02

lor RIjMII ChIturvtd amp Anoc_ For Itgtd ~d

c_ shyA~i8b -e Kolall DaIId 2811 uy 20 10

C $ Cbcudhury KaII s aoptbull Viol 0- ow- bull bullshy

SK~ Gof-IFuIc~

---

--Profitamp loss Account for the yearended 31 - March 2010

Sd 1Wdl31 2010 INCOME Sale 0TltiiiPrtOoG cow klcJuampeI~) III SkIdlt 97l198 17878

135125ot

- shy

FQor gtlis OtlerII gtlisee-J

leoSOibullbulle-- -COW-SeAng amp Pnldua De I bullbullbullbullbull --Ilems aI ltIlmllle yNr

n

ts te rebull

11)49028 120932 m ~12J51

2fioI7454 195538 6928685 6 ~7ampM2

5861 892 2929647 921633 92216

16on064 13822019 aee 158ll3ll

ltm s

PROFTT I (lOSS) PnJlil I (los$) bebw ~ (330542 4)) (25040611 ) PIoo$(o b ~ - FBT (10400)

(33054243) (25111011)

J 17~20

(238383798) (21 31530011

(271 1SUS7) =

For IOJ Of )tNI d lIlo 8tgton1

C S Choudhury K1ijal Sengup~

Vici ClamIa-l C1IiimIM amp IIiIgtIIloWll Dnltlltrr

s KMukllopacfhyay -~IFn1naJJ amp~~

NOTES TO THE ACCOUf(fS

In IemIs 01 1M reptil 0 (MIl rIaIe attadleIl lor RajKh ChaluIYIIdI amp ~t5

R ClatucIi-Dated 28th May 2010

- - - ---

- - -

bull bull

SchedulesForming Part of 8a~ Shelaquo F AUI middot MM~312009~3121110

~

SHARE CAPITAL Auhoflllld -- shy~

lllilOIX~_ltJRsltl-_ 120000100 ampaooOOO

luued Subsaiblld Paid upJlIlIOIlIl~sr-ltJ Rs tgt-- fullllI Ult_- - - -shy

104909000 104900000 I Oli HICl Eqity Shno 0 ltl- YlI_b__ - 50ltI (lOO 5091000

- -11 o000DOO 110000000

- SharCI _1 A_ 1S21ooo 1521000

01419000 106479000

2 RESEIM SURPlUS roo ~-CapcentlIwbsidy (Gcwl Ql West Bengali 1SllOOOO 500000 _ 91 13000II 91l31ooo

9268ll000 92600000

2 UNSECURED LOANS From eeeesCorpaote 194272245 21 7343388

194272245 217343388

8 FIXEDASSETS tEPREClArntl _shy_~

~-~~

bullbull bullbull ~ bullbull bullbull bullbull= - l Ol20 ~ D1 [)I1IXamp _

111lllll1O 11Ollllili ~ -~ -

~ 1$1 -- ~ ~-

2lt W - rWlro til1 TampI s

_~

I~ _ ~ ZSO~13relt 21U8325DlgUO gt5~O IG lJ231ae 390428)1 lIJ I3 m~l08

920 -~ ]100) _113 Zl(lllll~-

ll~ SI2 T3 1J2 M~ -- - m ~ 511~

_ I RIiloo _133lt0 romiddot ~ 611811ll 1138lt20- I 11 oIol ~M- - _m

IIIlt shy-- l1t12I571 2400II l1t 1 51~ - ~ crbullbull 163mllRi m ~IO3ll -l2alte2to l2TnO510 1IJg6l5111 11Il22OW IU lIOlIOlI T83 mJl(lll

-~

18

-~-----------------------------

---------

Sehtdults Forming Partof Ba-- Shell

see INVENTORIES As -en-ee lyNuCl

shy--shy~r omooos _bull Clro- Sa eo CcocI Orooer Sa C llcUIIW

lMs PIIl_kw~c

CASK 8AHK BampLampCES c1It-_amp__ bull

cr~Sd

ocat b a- ( (00 _ 0-_1

LOMS ADVANCESbull shy~

1vJ ~_etl 0

II_Clfb_tlt_ AMrakwf = _b - FB7 (fY2IlllI-lI9l _ FS T -Y2llraquo- tI e-PLl

1Iwll ow F- ~ lane F- PClI _ Tax AI ~ InpIlIVlTIW bull

s CURRENT LIA8lLIT1ES PIlOVSlONS ACURRENT w8IUTIES0- _

bull SSJ lnt

-- shy- SeoIII) 0tpaM Reo 4 o8Cl

rMra F o-n- ~ IPl sad PaIl ~

bull~ FOR TAXAT10H FmlIlIInIM Tax

ts

IIIwcb 31 2m0 -

6111$ $ 681 fjl

U 1U5S 1991 53

119904163 ~n9~16

1l1527

2 ~ -

UOgt -

17 bull lgtS ~11

om SlD5 211503 ~ ~ ~

-

8718610

lt10901 S790 151 -wm

310(0) uo48ns_

( J MardI31 2Illll

shy21i21l6ll j$~1

~lSI

1( I1SOOJl2Z

11713 ~ 1795 11

12lsWshy

lW111

_137f

6913201i

2JOgt rea

1Ui

l12n1M

63522501

3100XI

11576)33

ro 70bull00

- -

--

- -

- - - -

SltheClIles f ormingPart d Profit amp LO$S Aceounl

10 SALES

-~- -- 11 OTHERItCQME11-[ melt

12 flaquolN OPERATING INCOItE LatIy lnt1en Ilad

13 RAW MATERIALS ~ Slcd01 Raw ~ Add PudiBse Duling he year

less ~ Stock IIntten 01

__ less ClJsrlg SOdl

15 UTIUTIS - POorCf amp fue l

FltnI8OOOiI shy_=00=4 of ~ 16 PEIlSCNtlEl EXPENSES

Salary Wa1eSEltgtlus ampExQlIJl wgtltl~

Co ConlrbJliorllll P ilIId E S I F fICmIrOW_~poundlC

Stl ffTffin~

LtWm 8 liwiIs

17 Olli ER EXPlNSES AlOIo FlernJnn1lO1 B3ltkCh Books amp Pto odicaigt ConsJlanc S service CtIatgts eooooo Diltectgtf Sitmg Fee Oonaion amp SltIbwEnt9llJirlrroerj bpelMl$

-- V endIltI ~ 1 200IIM~ J1 2010 h

- 2(6557 l4t64

lJl17li 457449 172899 _ - ciJ8S

420amp82

420amp82

~62U68 1441323 96691 l294m

2111359 21421 00 162n

2050~ 2742100 501554 2621168

_1~9 ~ 120132

194905 sbee 407285 ~

Zn1 1~ 412351

2320 ~J 751578 24367 17lt581

15379 ~

264745C 1guraquolIshy

OI0tTO S4lll292 370512 35096

17412 19J11 ~ 911 138 574902

6928ampamp5 - amp471gt12

1890~ -zsesm a 18793 4308amp5 29864 207818 152574

~40000 ~ ~

55189 ~

-_---------------------

--$lttdules Fonning Pillof Profit amp losl kwunl -

FIQlIy Fcnrc ~ RligisIi 01- shy shyPlIge amp_Ii Prning amp S -_ Wi _ t XD - shy

VIhdI a -

UidbullbullJ- 5aLJrtG amp PRODUCT DEVaOPllOO

Elwo_ 11_ C

e shy- shy CgtWltGES CIlCllfl CrdNc

middot~(IITOS bull CIlE$lDl-

shybullllII

ITE-s MllTTal on DURING THE tElR ~OIlIIe _ncIl11ngi1r___

21 AOAJSTlIENT llfLlnfG TO PREVIOUS lElRS ~~ToPt

---

IIIrdI 11 2lttO

293~ aeses 2013

3 67 37 37193

31 lOl

~

_~l-m

V

scs 2671

~

-- IampIrcII 31 20Ili

shy321581 271850

92 312102115875

~ 500 ease ~ mno10 ~ 3lrn

OW

eo ~

m me

nM

21

n IIOTU 0 ACCOtIITS Slttw- tlmnI prI die ilalfte srt1Il Istllllrchola nl PIlIIII amp 1JIIs-aul trn _ -1IlliIlI31YIrct2C 11

t Sifi_Ac bull shyt _1 8o$lS CFACCtIUN7JrIG Tht~ e p wl-MI_UlcstOll__l Ol atCIAIba5lSd~

C_ lIOltUSgqIUI)lfICl- i1b1el1l~ c__11IO

oonplyOllfltlt~~ ~ eolAaNIfSWdilnl) ~ 2lD6 puSUiRlc5ecbI211 (3C)1te eooesAcL 19561 lto6lmiI) Gle~ ~ ll _ (_ CAAPI ~andft~ pvmIOOS DIN r~-1956 Tht~ pJlIQeIl iQCQIlSISIonampyamplplledbyN~

12 USE Oa STIliAn The_n_of~~~OIIhGAN~~ lDmakelSllnllllC ~ fllIlllKttlt r8pI)1ed-td _aod- ltIIodocltre 01 ~ngenlliltlillIes

bullbullbull_dbgt ~ tol -l had pjoesrilrng IIMI ~ penxl ~~ 1IIilinaIIls b8sed l(lOII iitSmiddot be kloItIatunwl ~CIlUOJ

3 RXal USETS fI F_-iIl~ oxa oleUeoabIfII1oa 1C05IIICUlli5 IIIGUei llclir-wh tJitS-mcubullbull__

Ib)Tho~_rJbed _d__QnMj [ ~

laquob)i u lEPRfQA1JC

00 bull d -1_cnoodIl CIIIIriiIgb me ~ lillle-~ Slt1leOjo JNrJ ~AaI956 bullbullbull_

~ e-LCIII_~~ding 1efW _iii dlldl e-ertSaly~oo__ bull bull Ii middotded~r~4~_d_

15 MPARlllEtITF ~taehilllalCli SIlIlIll_iDl __ Ii CIIe__~

rldicIIt rt ifllleao_ ~ 01 bad _ lt1Plomgtooed N pa_ lCJsI le1 _toe lltT)lIlll_fII oIl1e ~ lib11 tJIJIIJ Cash GEsIili lN (CGU~Of ollelexceeds_1JIfiUt Tho__ Ii hi QIMkI d1lgte_net ~1IOIiI$_In~vaIle ~ hees~matad lltlft cosl lbw mUle use ollne aiiSs diIcounled 0 Ilelr Pfesenl_ 011 WIlltl_ M ompAtTIIMlllCJsl is~ j tt- _ --linllertlCOYlfalll onanlrld sunlrlss_OOIorgor_OfModicgtaw ~ Ioa l JlMnIIlterMa ~ tI N carrp1J -01- _ Mlil1 case d CGU

7 I Jok CIII~~

11 MfIlTORIES (___~ t_ ~ -cIII~d

~roolSldlel I ~-_aI _1ot-IIIDdQn5

~___~COIlf~plOdocII_oelDI n DbeJddampl7ampblgtIealll ColIiMlill- shy(bl- __- __~hsIoecgDCII2I --=lIl_dalilnnll

II ColI d a- ltIiel IItnIr _ pencil 01 _

~CllljO _

11 ~ a OGCOSTS amp0 g_hl~tI t Of~olhec __ iIo-t ~aolglgtltdgt_ _oWIOcoAI_dWgoltltJ~_

22

18 REVENUE RECOGNITlON ~ tom the$3Ie ~ goods(rouong TrllIi prodJctloo1 Ilottlesl IS ~ t4XJI passage 01 titleIe the cuslomen wtgtidl ~ _ Iheir ltIeliver) ~~ -y cui 01 gtltu ltifIe cIiimr 8lc altcOunlted rasand hey ~ fnaIydetlt1rmonod

19 PROVISIONSCOtITINGEl UABlUTIESAHDCOIffiNGENT ASSETS lalA pllOISIOn IS reoogrrised when theCUI1pal) tlas bull n-Jl otIIIgaoon as ~ 01 __ -l ~ ~ an CkIlkgtw 01 resource Of t ~ 10 $OllIe the ottgatiltJn in respect 01 wIldI ~ ~ _ be_ ProyenIIions are not diiowlId l)~ ~ ond a ~ -d (WI be5l OSlimate ~tl_ the abIigaIJooat he -e__ These _ atNd baJIIoce sIleel

d e -l~lO fllIoa lhe~~l~te

(h) Cootingenl labfllies ~ byY offICIIe5 IC (0) ConlingenlAwlz~ Y_egtlaquoepl lor lho purposed _ellol-

110 lEASE Sne 1(1_ has beenlICqIOrOO to-PCl ~~ l)pe 01wiI be deIenTwgted WI

~ 111 ACCOUNTlNGFORTAXESONINCOME

In-01 lilt lossb tie year ltJ1der revi Taxeson CuretC anIDeleltted Income have notansen

112 SEGMENTmiddotWlSE REPORTING The~eXltiJsiwe~ 1$ maruaeturinJ yenIll lI 0I V Fblsnl such in theopinocgtl Qfie Ibr1agemenl ttIil is lhlI (IIy lepo ~~ ampe9fIIlOl per AcclInng SllnIiard 17 on SegnetC Repor1lnt =oed by n - 01 Owtered AaxgtuntlolS or lnclol There 15 no ~ GeograpIwal segmenleithelt

111 EMPLOYEE BENEFITS (I) llelnod COOIlIbtlJon 10 prQIIidertfind ard empIo _ 0SlGII00 arediared Ie~ amp loss 1lCttUll 01 fill _ GleQlIIIrtbulions lOthe~ bIClS n 0JIlThere ate roo 0IheI 00lig81i0nI Ie Ihe eo IJIt I oe-er lIaI1 clJGb6Dn payable to therespecIMI-uy illIIIltntJes (b)Mninul1 _ or bonusasrgtcgotiated fmm n 10_ os lIo1W oCCOIJlted arc pood ClIIIl basis 0$1 -dQlllSlSlfrqt (0) No _ llInIIfit5lCthe~

Id) A molteltolco_ y_llerooIIin lhebmaigraUlyisllilllltraquo_ ed oncashbBSltl

1 _1~ POLICY ON EARNING PER SIWlf (alBMcNrnig persharelliltAlQ ~b)~lhetgtet~OIlossallet end rtude POSlIPeeclolany ~ ilem lor the peroltl IlItWtIlo Il~~ by lheweoghled ~_deqlJty shlIe wtsIMding dtgting ~ pergt)I1 ThegNed _ 01 equity share$ 0JISll0 tUroll tle PriOd In-fore_ fgtCiUdirIg a txnIs iDoJ tIatUI eleltnenI 3 right issue spill d __ or reverse tPl (1elXlISOIidaIiDn or_os) lito made dunng lteV-- (bl Forlto purpose or llIkulatJIJ ltlIuIod rmroJ per shire Ile Il8I prolil d ltJfl penod_ eqJfy 51eIclldelt n tie ~UltJef ofesQJDldo ltkngtg1MperiodInedforleellecls d II dilutive poIenIIIl d laquoJI- shy

115 PROVl$ION FOR TAXATIOti 13) Tax pense for1M)83 ~CUfeot ill ampdefMed isi1cloled Ie fIIt pltolit (lossl fortrleyeor (b)A~ IImadefortheCUTefIllagtbMlOlillIiltlOity(ltJmpU1ed 01 aoordancIe _ RlevariIlagt raIeSand ill A Pfl5lCl IS made fol cleIemclllDl for1rr9 ltttrerenltel rIsing and liCOJUOlg _ alarreotty Ofsubsl8I1Mjyenaded (e) ~ Igt-Is are ognised 0fIi) ~ _ is certainly 1l1111lhey wiI be INiZe6I1ld 1IOewedfollle~mm sheeld8led1letrIlspectivecarryolg_lIl11dlballiltllte

116 FOREIGNCURRENCYTllANSACTlON ~ applicableFltnql orn=nq lrrIsaGtiolls are accounleltl for at f1e elltolrlge rale prevaiing at the blttnsaction dilte Yearand mnetary assets and liahiitiesItIIoreignournrq are Ir3n$Iated allIle appHcaOie year end e chaoge ~andlIle ~ dilIeo elt ICe is eoognrsed $gaOl oo lorhe ytII

2 In tleopihJndlgtt~ Iho maM3llIe_ dlllaS$8l$[ eilherheentire~amp~ ling Ie 1rftVerwus Fbl ~~ tle0fIi) CGU cI ~ or Ile _ I tlNll l1Ier fIan tIo$e Ii respeclMCltlII)iniimlUllalLId1 assets no ~_IIason trgte Balance Sleel ltllte

lal Bank ~ fa 01 W8$l Be1l1 s_ ElltctncgtIy DioIiboIiltM ~ lid m

(h~ Claim agaiosIheComooy 0l0l ~ 3171849

(c)Oarn01 cerw ExCse CIuty InIer ApplrIl kI Trtlur8I no818

4 Asrc IleIeSlllls beenchargedOf1Ioler-Corpoltole~ he_lias flO beeoleswnatednj ~ n shys Partl OOIlfJrnlaliolt in respect 01 outslar1di~ balances JIr SuIlay DetbI Sltnlry Cltedl1DlS Lwns M~bo-on - inlrl OIIII$Idenolio1lh__

6 The Contrtd _ MI$ e- 81goroeemg 1M COo~adtA IISPObIe for Renovatlon wonlt at Fadlr was teminated dlIlI to pocI and sub-llarolard~ 01 wo1lt and maleliaIs At prtSeI1I hmalilt isurderfillg3lion

7 On iilllleial- ~lSioId CllIlridol~ djotlbyWs FreseruKab Pvt ttd (Fresenlus)1Iith eII8cI JrorIl ztSl Augull 2OOl5 fie -1t 01 ~ _ F-_ 1OImOa5e in cowetSion lthave Godown Iml Vat IDS tlfuMnl $aIIp by hit ~and~ of F-- has enuo oed UI~ cliIIe an no 8lUSImIIthas bftnmMI inherftIIIIld aaolIlIS thnfor

8 NJmaRECEVEOGAlNSTSALEOFPlANT ampMACH ~ E RY

At ~ tgty me Cornjgtony sctI--(dIi 000lt1 ~ -- amp FducalIon l id ~ JtImne _ oIRs 315 CtCQ edt ClIt ol Rs 612cnnsdUlWlg2009-10 iOJIinSl- 0111 Fluids 1Tl8I1~

maIonenes for wllCtlappmpriae resoIutioM -e passed tlf the- Companfs sharehllderson171tl ~ 201 0 Thoi Wesaid -m was ustd by he ~ IIMartlI ~~ 01 unseated kHI J-d from -conponieo

9 MIslment relathg to pr1lIioo ~ ear amounting to Rs 2157641middot ~ net 01 ~~ br Bank Gunnlee released by Bs1 ~ 10 R 7740121- party dsll bypro perod Alary Ib 37097shyrlIenlSl a-o dN)ood ~etarges etlt Rs 371 151middot01 N $arne year

10 MICROSWIILU tpoundDlllM ENTERPRIsES The COnpano hasflOl recewed Ifl IT 0 bull as IIqIJinld 10befledWIfIlhilllOllied ltlJlt(nIy UIMler 1le cro SrtalI JtId MecWn EnIefprioes ~M 200li c1a1Tlll19 tler S131S as00 31st March 2010 (and also 31st March 2(ll)9) rrntroSlIaIlard medlrnenlerprises~he_1Slicl payabIf klhlse dUIWIg_ l_~__l iS nl

11 The ~ III yet to fto -V adopI~ Standard 1S EmploY Benefits (lWes 20(5) issIed by ee 1nstilIJIl 01 ChaIltred AccoulItaols 0I1ndia ant deliilIed discIJslns reIaWli to Oefned Btnelil PIons couId FlO be fnidellollcrnonlS andRe9ortshy

12 RElAI ED PARTY DISClOS~RfS

DiscIoluesasreQUredJIaxulIilg Sagtd8Ill18aregoenbelow

LdofRm~~s

SenboEngneeMg Limited se KrojaI SenguptaErrOclln 81gi_oog Pvt lid -- shy8eeni I-IoIoifgs PIlI tid SnC S ChedMY

Dr Sll8IllaI 0lalCI1D0I1ySenboEnm ampPvt Lid SoFTarIp Kumr OVIkraOO1y Or Asilth Kumar Sengupta

-Trrnsactions with Related Parties duting 2009-201 0

Nature o u pses KeyManagementComj)lnics Personnel amp IWlati-u

(- lRs)

Expenses Ditedors Remuneralion Cullllllt ear ~ Nil

~ Nil

Dirnctorn SLtJIlg F Current lar- shy 40000 Previous at 2a COl Inoome

Electricity amp Diesel 71373

54358

Outstanding Balances onJ~ March 21)10

Unsecured teen CIIroIIt Year 1S4m245 Previous rilar 217343388

13 EAR~ I N GPER SHARE

Cumml Yn (Rs) Previous Year (Rs)

Net Profit I (Loss) after current and ~ tax Weghled Average

(33054243) 251 11011 1

Numtgter of Equity Shares 01 Ri 10eadlason 31()3-101 0 10647900 1O647OCXl

EamOngsPer Shale(BasicandDiluted) 14 FigUIeS to thepreltioos year tevebeen re-arranged and fe-9ouped ~ necessary

is Informatioo PlJfSllaI1l loNotllication UIIllerScheduleViofthe~rns Act1956 IAscertifiedbythelllartagement)

CIfIlInt Year

Oy INoofSoltMI 151 Annual Capacty _ PrOOLlClion

15 11 Used Capacrty 1aOOClOOO ~

1512 I rgt$~ Copltgtdty 18000000 ~

1513 TrialPrndLJClS of Irl1tlwenous FlJid _ MacIliroI upgradatlDr1

r p~~~ 157634 1178355

Saio oITrial FroducIs ol-shy 24244 206557

153 I -V FUds BottIos 191 18664

154 -shy IV FOIds Bottlogt 135309 990461

Pn0IS Year

INo_ oHloltles) IRs)

16000000 ~

18000000 ~

17878

~

1919 186amp4

-- --

CUrrtfltYtar shy- - (Moe-) -1 55 -- M5gt I PIWj G M M M M M M532 0_ lt0shy_~

GolI-ampO -- c_C_ -shy

1511 1572 sa-ls-o

-- -- -- -

- U - -- _ar shy_Cshy- - oW bull

~amp2 ---- M

bull bull bull_- -_ M

u uUm-- S bull bull

IS 5 12

0shy - a

1t11Pt a a-M

~

M- M

-

PCIY_- M M

M

1111 M

~~ 11

-

c

l

-

Informationpursuam to PartlYofSchemJItVIof the CompanilsAct 1956

B 1IceSl-fAbaraer_~~8U$-_

REGlSTRATlON DETAILS

~i No CJrI L 22 fTfTi( B I 9J r pT L o amp3Z 7a

llaIIAe Srleel DtIo l 3LlBpIl l amp11 oJ tl CAIIfAL RAISED DLRJ~G THE IEAIl (Arrioln Ra 000)

Pul iIlh I~ ~ Ilo1IIsaoi lonuI1saoe [l~N J t l PO$nOfII OF MllfIl 74TD1 AICl 0euroJlCmlEWT Of FUtClS AIoIIut Ik lDlI ___I bull~ f 5_1 kIII-- bull - -~ si shy

t1L ~ G 2aDi-l - shy- CIl frIJill ill-l412l1lJ ~oIFomds

lei Fuel A- [lj 41T[)l ojsJ ITDillJil Net ClmlIlt Assel5 [-r2T i~ 1_3ill j271T[SS]

N PERFORaLlHCE Of COlIIPAHY (Amwllll RsOOJ)

Tlnll1OII ITI2 -i L i lJIZ3 LL31middot~ r3Jl~~_

tJ3T( 1 57 a-LJ(Itl

GEHEltIC HAIlES OF 1fREf IRIHCIPll PROOUCTS

1 t _-FUds QV FUlls) CodIo No

2

3 NIL

ScheclJM 110 22 in siJed y Ihlllolowlg

~ RAJESH CMTUIlElllamp SSOOTES ~ I

bull 0-- di oIlW

SK_ DollId 2lIII1oIat_21110 -- ~IIIfl9r~ampe-~

CEOiCFO Certification

we 11- odbilljji led CU 8ijIlICbltt epacilieliISownn ampIotirIagrIg Dnaor (CEO) IFd Vice o-w (CfO) d soo~ lgtmed(ltgtoCornfrylOlMboltld ardbeIilIl oerIvtrlol-II) we live ~ ee lIIbltgtoamplinInciaI ~ noad wiIIlhe Cash FkM StaIIInWot d Senbo lnOlgtIneS Litnited

1orr-~3middotmiddotIlIntI2Cl0InlSllleNIl t81dart4 l _bIliIf (I Ibullbull de ngl ~ _ilIII Ibullbull or_ ~ lacI or_

lIOilSN1IblI tng _ ~1 __ 111_ I _-~-n_

~ iTa __

(tI) we _ lilbIsIdar if IId bIloII1lIIIlr1nIdOtlStrlIlllIICI tIle~ dUIrog

~_II1e~~arltAl bullbull ~lhe~eoaedCOtQcl

w lIodaN II illla~ d ed aJ onan 1Id C6 - Ked OQi lheCOdeolCcnltudilS~lPylN~_

(e) we UNr1ClllPC abIil beslilllIslqlnl l ODIlIroIIar 18Mll We heltdl ess d oornt sysIImS 01 CalgtanJ IIlilfnonl8 1ejO-- ~ tl tie 8IOIorI rdtlI AIdI COl_ I1olfio I(ies inle desIJl or oplIlllOi01such Itlma eortroII ~ any olwtJdwe arep3fllard stejlS takenorp-oposed 10 blIlallten b rlifov1g slICh oolioencie$

(d we_ tedanw_1MItlaIian tllha adnnllheALoltCo bull

(I Slfiji~~I onIefTaI~_~~ltUIlglher-

jiI Sy d8lJlI f ~-dellaWlg n lNllhe _ ~ lilNIrwlQiIl _

1 _Q$gl_f3UIl ~_=1- I Y gl bullbullbulleor ~I KlIenlhe~-~~-

M$Oillilllshy

c S Choudhuryvo-shy

~Iaqtion

~~tlIIulewr~Eta pnooad -09 (l l1ll(iildl-O_ 1le sma EAlw Ile eacle wbullbull SorirIr 1Mie Fwi lIIIIIlIoM oed eooue Code aJCcrWcl b III yelI endId 31$llllaodl

ForSoriIo hUres ~

shya- 1 bull V Dncb

28

-

-- - --

--

CA91FLOW $TJ1UlENT FOR THE YfJ~ BiDEDtiP IIAACM Z010 -- _shy1IIntltl 2f1

A calli FilM Inn e- gAdMliII5 - shyPdrllDaJrIaolt lD ~ l32ampl t 459 (251303971 ~bDocgt_ l$OnlIamp 134lZft9 ~PdlllJ bIbw IIoIIltlg ~CwlgII 16769 3S$) (1l JOl7I) (ro-~Wilrblil~ (Ottgtr tlan Cash-l CasI1 E~l 3amp521 301 (5510185) Cxh IO ~ fIvn 0parBli0ngt 221511006 116618564j Drreel T_PIId

l CnII FilM Opamng AlttiVitift 2215$il06 lU185641

II CUll Flow from Irwu~ng Acbrilies (248467) ~dr-lI8d~

nbiIg Fonogn etrq VinWI (29701199) ~farCl(lUl F~_

~ Net Call uMd ~ bullbull ~lI Adma

c e-Aoootr-f_ ~_ -edShn CCxlaI

PIgt --blsI tolt ugsReceJi_ d uo-nd u Oftrlb Slaw PrtIdoIl 01 pel ~

NatcII -cI in FNIICiol9 AcIvilieI l2107U43J NehlCi (cIao I lineal_ ~ ecuivaltnls1 8+lt1 (560~)

Oparong B-c orCallIand Cash EquiQIente 907371 eea CI~g BilInel of Cllh and Clsh Equivalanb W 907311

For ftOll_ dlho amp11

CS ClMufhury kIP ~ ob ow- cr amp~lrnIaIY

SIl II I I at Gewaf ~ amp~SfcreWy

bull AUDITORS CERT1ACATE

fila- roe _ QIIfl b e d sa8) MlUSTllIS LUTEDfarhe IlClt ended 31 wm 2010The 81_ beerl__ llr fl CcnopInJ awulIe row =eliIca 32li1il1lillAQl _ SIocIo ~_ _ _ __toBIIliIlaSIIIIMoI cnce CIIIfU-lrW1lIPJflb tliOld~

For gtASH CHATlfltD bull bull ssaxaTES ~laquogtIl ws

DeIeol- 28tl ~ 2010 PrtllU Ho~

29

~---------------~

BOOK POST

Senbo Industries Limited

Registered Office 87 l6fW1 Sarari KoIoaa 700013

Phone a33)2217 891516 Fax 033 2265 9485

Email senboindgmailcom Wilbsile wwwsenboindustriescom

Works KarbBla Sonarpur Station Road

KoIkata 700 103 Phone 033 2434 7339

Fax 033 2434 7341

Page 18: Sixteenth Annual Report 2009-10 - Bombay Stock ExchangeU8il. C8ncer R!sean::I'l lklil5 1il:l!l>tl1l 1lC. In8lldIlIor. lhe I!oItd_

--Balance Sheet as at 31- March 2010

SOURCES Of FUNDS SHAREttOUlERSmiddot FIJNO _ -

APPlICATlON Of F1JNDS csers

IM$--OlIlgto-=-o

shy

100479000 2 92680000

musUIlI

3 1~zn245

194272245

rot )9$411245

bull 321969 061 - 1410U6ll

ClJRRpoundNT ASSETS lOANS ADVAIiCESu bull __ C81t 8lai8-a I-t

Sbull

U~356 72152(1ll71tl610

n 1-sTUw)shycww

I bull (872lillllll

u eolor taaicn

nuoo NET CUIlREHTASSETS

-(21129111)

Pfl()fJT amp lOSS ACCOUa 2711Sotl$l

rc 3910431245

NOTESTO TIE ACCOUNTS 22 Thf~~ t1ooe bm iIf1 gal part1If he Ballnlo SheeI

In _ aI(Ill IIIllOI aloMn dale 8IIlIChed

tNrdgt]t 2Mlt

1al4790lXI

bull

muSllOID

211Jamp33ll8 21 ~ lA33ll$

( 1 S02 311

321J2OS]( 1S7 7llO 6GB 163929iI66

li3 t 2U amp6

01530 72152(7

11 213 701V

11576833

ro 1161233

16IU2(

4I S02

lor RIjMII ChIturvtd amp Anoc_ For Itgtd ~d

c_ shyA~i8b -e Kolall DaIId 2811 uy 20 10

C $ Cbcudhury KaII s aoptbull Viol 0- ow- bull bullshy

SK~ Gof-IFuIc~

---

--Profitamp loss Account for the yearended 31 - March 2010

Sd 1Wdl31 2010 INCOME Sale 0TltiiiPrtOoG cow klcJuampeI~) III SkIdlt 97l198 17878

135125ot

- shy

FQor gtlis OtlerII gtlisee-J

leoSOibullbulle-- -COW-SeAng amp Pnldua De I bullbullbullbullbull --Ilems aI ltIlmllle yNr

n

ts te rebull

11)49028 120932 m ~12J51

2fioI7454 195538 6928685 6 ~7ampM2

5861 892 2929647 921633 92216

16on064 13822019 aee 158ll3ll

ltm s

PROFTT I (lOSS) PnJlil I (los$) bebw ~ (330542 4)) (25040611 ) PIoo$(o b ~ - FBT (10400)

(33054243) (25111011)

J 17~20

(238383798) (21 31530011

(271 1SUS7) =

For IOJ Of )tNI d lIlo 8tgton1

C S Choudhury K1ijal Sengup~

Vici ClamIa-l C1IiimIM amp IIiIgtIIloWll Dnltlltrr

s KMukllopacfhyay -~IFn1naJJ amp~~

NOTES TO THE ACCOUf(fS

In IemIs 01 1M reptil 0 (MIl rIaIe attadleIl lor RajKh ChaluIYIIdI amp ~t5

R ClatucIi-Dated 28th May 2010

- - - ---

- - -

bull bull

SchedulesForming Part of 8a~ Shelaquo F AUI middot MM~312009~3121110

~

SHARE CAPITAL Auhoflllld -- shy~

lllilOIX~_ltJRsltl-_ 120000100 ampaooOOO

luued Subsaiblld Paid upJlIlIOIlIl~sr-ltJ Rs tgt-- fullllI Ult_- - - -shy

104909000 104900000 I Oli HICl Eqity Shno 0 ltl- YlI_b__ - 50ltI (lOO 5091000

- -11 o000DOO 110000000

- SharCI _1 A_ 1S21ooo 1521000

01419000 106479000

2 RESEIM SURPlUS roo ~-CapcentlIwbsidy (Gcwl Ql West Bengali 1SllOOOO 500000 _ 91 13000II 91l31ooo

9268ll000 92600000

2 UNSECURED LOANS From eeeesCorpaote 194272245 21 7343388

194272245 217343388

8 FIXEDASSETS tEPREClArntl _shy_~

~-~~

bullbull bullbull ~ bullbull bullbull bullbull= - l Ol20 ~ D1 [)I1IXamp _

111lllll1O 11Ollllili ~ -~ -

~ 1$1 -- ~ ~-

2lt W - rWlro til1 TampI s

_~

I~ _ ~ ZSO~13relt 21U8325DlgUO gt5~O IG lJ231ae 390428)1 lIJ I3 m~l08

920 -~ ]100) _113 Zl(lllll~-

ll~ SI2 T3 1J2 M~ -- - m ~ 511~

_ I RIiloo _133lt0 romiddot ~ 611811ll 1138lt20- I 11 oIol ~M- - _m

IIIlt shy-- l1t12I571 2400II l1t 1 51~ - ~ crbullbull 163mllRi m ~IO3ll -l2alte2to l2TnO510 1IJg6l5111 11Il22OW IU lIOlIOlI T83 mJl(lll

-~

18

-~-----------------------------

---------

Sehtdults Forming Partof Ba-- Shell

see INVENTORIES As -en-ee lyNuCl

shy--shy~r omooos _bull Clro- Sa eo CcocI Orooer Sa C llcUIIW

lMs PIIl_kw~c

CASK 8AHK BampLampCES c1It-_amp__ bull

cr~Sd

ocat b a- ( (00 _ 0-_1

LOMS ADVANCESbull shy~

1vJ ~_etl 0

II_Clfb_tlt_ AMrakwf = _b - FB7 (fY2IlllI-lI9l _ FS T -Y2llraquo- tI e-PLl

1Iwll ow F- ~ lane F- PClI _ Tax AI ~ InpIlIVlTIW bull

s CURRENT LIA8lLIT1ES PIlOVSlONS ACURRENT w8IUTIES0- _

bull SSJ lnt

-- shy- SeoIII) 0tpaM Reo 4 o8Cl

rMra F o-n- ~ IPl sad PaIl ~

bull~ FOR TAXAT10H FmlIlIInIM Tax

ts

IIIwcb 31 2m0 -

6111$ $ 681 fjl

U 1U5S 1991 53

119904163 ~n9~16

1l1527

2 ~ -

UOgt -

17 bull lgtS ~11

om SlD5 211503 ~ ~ ~

-

8718610

lt10901 S790 151 -wm

310(0) uo48ns_

( J MardI31 2Illll

shy21i21l6ll j$~1

~lSI

1( I1SOOJl2Z

11713 ~ 1795 11

12lsWshy

lW111

_137f

6913201i

2JOgt rea

1Ui

l12n1M

63522501

3100XI

11576)33

ro 70bull00

- -

--

- -

- - - -

SltheClIles f ormingPart d Profit amp LO$S Aceounl

10 SALES

-~- -- 11 OTHERItCQME11-[ melt

12 flaquolN OPERATING INCOItE LatIy lnt1en Ilad

13 RAW MATERIALS ~ Slcd01 Raw ~ Add PudiBse Duling he year

less ~ Stock IIntten 01

__ less ClJsrlg SOdl

15 UTIUTIS - POorCf amp fue l

FltnI8OOOiI shy_=00=4 of ~ 16 PEIlSCNtlEl EXPENSES

Salary Wa1eSEltgtlus ampExQlIJl wgtltl~

Co ConlrbJliorllll P ilIId E S I F fICmIrOW_~poundlC

Stl ffTffin~

LtWm 8 liwiIs

17 Olli ER EXPlNSES AlOIo FlernJnn1lO1 B3ltkCh Books amp Pto odicaigt ConsJlanc S service CtIatgts eooooo Diltectgtf Sitmg Fee Oonaion amp SltIbwEnt9llJirlrroerj bpelMl$

-- V endIltI ~ 1 200IIM~ J1 2010 h

- 2(6557 l4t64

lJl17li 457449 172899 _ - ciJ8S

420amp82

420amp82

~62U68 1441323 96691 l294m

2111359 21421 00 162n

2050~ 2742100 501554 2621168

_1~9 ~ 120132

194905 sbee 407285 ~

Zn1 1~ 412351

2320 ~J 751578 24367 17lt581

15379 ~

264745C 1guraquolIshy

OI0tTO S4lll292 370512 35096

17412 19J11 ~ 911 138 574902

6928ampamp5 - amp471gt12

1890~ -zsesm a 18793 4308amp5 29864 207818 152574

~40000 ~ ~

55189 ~

-_---------------------

--$lttdules Fonning Pillof Profit amp losl kwunl -

FIQlIy Fcnrc ~ RligisIi 01- shy shyPlIge amp_Ii Prning amp S -_ Wi _ t XD - shy

VIhdI a -

UidbullbullJ- 5aLJrtG amp PRODUCT DEVaOPllOO

Elwo_ 11_ C

e shy- shy CgtWltGES CIlCllfl CrdNc

middot~(IITOS bull CIlE$lDl-

shybullllII

ITE-s MllTTal on DURING THE tElR ~OIlIIe _ncIl11ngi1r___

21 AOAJSTlIENT llfLlnfG TO PREVIOUS lElRS ~~ToPt

---

IIIrdI 11 2lttO

293~ aeses 2013

3 67 37 37193

31 lOl

~

_~l-m

V

scs 2671

~

-- IampIrcII 31 20Ili

shy321581 271850

92 312102115875

~ 500 ease ~ mno10 ~ 3lrn

OW

eo ~

m me

nM

21

n IIOTU 0 ACCOtIITS Slttw- tlmnI prI die ilalfte srt1Il Istllllrchola nl PIlIIII amp 1JIIs-aul trn _ -1IlliIlI31YIrct2C 11

t Sifi_Ac bull shyt _1 8o$lS CFACCtIUN7JrIG Tht~ e p wl-MI_UlcstOll__l Ol atCIAIba5lSd~

C_ lIOltUSgqIUI)lfICl- i1b1el1l~ c__11IO

oonplyOllfltlt~~ ~ eolAaNIfSWdilnl) ~ 2lD6 puSUiRlc5ecbI211 (3C)1te eooesAcL 19561 lto6lmiI) Gle~ ~ ll _ (_ CAAPI ~andft~ pvmIOOS DIN r~-1956 Tht~ pJlIQeIl iQCQIlSISIonampyamplplledbyN~

12 USE Oa STIliAn The_n_of~~~OIIhGAN~~ lDmakelSllnllllC ~ fllIlllKttlt r8pI)1ed-td _aod- ltIIodocltre 01 ~ngenlliltlillIes

bullbullbull_dbgt ~ tol -l had pjoesrilrng IIMI ~ penxl ~~ 1IIilinaIIls b8sed l(lOII iitSmiddot be kloItIatunwl ~CIlUOJ

3 RXal USETS fI F_-iIl~ oxa oleUeoabIfII1oa 1C05IIICUlli5 IIIGUei llclir-wh tJitS-mcubullbull__

Ib)Tho~_rJbed _d__QnMj [ ~

laquob)i u lEPRfQA1JC

00 bull d -1_cnoodIl CIIIIriiIgb me ~ lillle-~ Slt1leOjo JNrJ ~AaI956 bullbullbull_

~ e-LCIII_~~ding 1efW _iii dlldl e-ertSaly~oo__ bull bull Ii middotded~r~4~_d_

15 MPARlllEtITF ~taehilllalCli SIlIlIll_iDl __ Ii CIIe__~

rldicIIt rt ifllleao_ ~ 01 bad _ lt1Plomgtooed N pa_ lCJsI le1 _toe lltT)lIlll_fII oIl1e ~ lib11 tJIJIIJ Cash GEsIili lN (CGU~Of ollelexceeds_1JIfiUt Tho__ Ii hi QIMkI d1lgte_net ~1IOIiI$_In~vaIle ~ hees~matad lltlft cosl lbw mUle use ollne aiiSs diIcounled 0 Ilelr Pfesenl_ 011 WIlltl_ M ompAtTIIMlllCJsl is~ j tt- _ --linllertlCOYlfalll onanlrld sunlrlss_OOIorgor_OfModicgtaw ~ Ioa l JlMnIIlterMa ~ tI N carrp1J -01- _ Mlil1 case d CGU

7 I Jok CIII~~

11 MfIlTORIES (___~ t_ ~ -cIII~d

~roolSldlel I ~-_aI _1ot-IIIDdQn5

~___~COIlf~plOdocII_oelDI n DbeJddampl7ampblgtIealll ColIiMlill- shy(bl- __- __~hsIoecgDCII2I --=lIl_dalilnnll

II ColI d a- ltIiel IItnIr _ pencil 01 _

~CllljO _

11 ~ a OGCOSTS amp0 g_hl~tI t Of~olhec __ iIo-t ~aolglgtltdgt_ _oWIOcoAI_dWgoltltJ~_

22

18 REVENUE RECOGNITlON ~ tom the$3Ie ~ goods(rouong TrllIi prodJctloo1 Ilottlesl IS ~ t4XJI passage 01 titleIe the cuslomen wtgtidl ~ _ Iheir ltIeliver) ~~ -y cui 01 gtltu ltifIe cIiimr 8lc altcOunlted rasand hey ~ fnaIydetlt1rmonod

19 PROVISIONSCOtITINGEl UABlUTIESAHDCOIffiNGENT ASSETS lalA pllOISIOn IS reoogrrised when theCUI1pal) tlas bull n-Jl otIIIgaoon as ~ 01 __ -l ~ ~ an CkIlkgtw 01 resource Of t ~ 10 $OllIe the ottgatiltJn in respect 01 wIldI ~ ~ _ be_ ProyenIIions are not diiowlId l)~ ~ ond a ~ -d (WI be5l OSlimate ~tl_ the abIigaIJooat he -e__ These _ atNd baJIIoce sIleel

d e -l~lO fllIoa lhe~~l~te

(h) Cootingenl labfllies ~ byY offICIIe5 IC (0) ConlingenlAwlz~ Y_egtlaquoepl lor lho purposed _ellol-

110 lEASE Sne 1(1_ has beenlICqIOrOO to-PCl ~~ l)pe 01wiI be deIenTwgted WI

~ 111 ACCOUNTlNGFORTAXESONINCOME

In-01 lilt lossb tie year ltJ1der revi Taxeson CuretC anIDeleltted Income have notansen

112 SEGMENTmiddotWlSE REPORTING The~eXltiJsiwe~ 1$ maruaeturinJ yenIll lI 0I V Fblsnl such in theopinocgtl Qfie Ibr1agemenl ttIil is lhlI (IIy lepo ~~ ampe9fIIlOl per AcclInng SllnIiard 17 on SegnetC Repor1lnt =oed by n - 01 Owtered AaxgtuntlolS or lnclol There 15 no ~ GeograpIwal segmenleithelt

111 EMPLOYEE BENEFITS (I) llelnod COOIlIbtlJon 10 prQIIidertfind ard empIo _ 0SlGII00 arediared Ie~ amp loss 1lCttUll 01 fill _ GleQlIIIrtbulions lOthe~ bIClS n 0JIlThere ate roo 0IheI 00lig81i0nI Ie Ihe eo IJIt I oe-er lIaI1 clJGb6Dn payable to therespecIMI-uy illIIIltntJes (b)Mninul1 _ or bonusasrgtcgotiated fmm n 10_ os lIo1W oCCOIJlted arc pood ClIIIl basis 0$1 -dQlllSlSlfrqt (0) No _ llInIIfit5lCthe~

Id) A molteltolco_ y_llerooIIin lhebmaigraUlyisllilllltraquo_ ed oncashbBSltl

1 _1~ POLICY ON EARNING PER SIWlf (alBMcNrnig persharelliltAlQ ~b)~lhetgtet~OIlossallet end rtude POSlIPeeclolany ~ ilem lor the peroltl IlItWtIlo Il~~ by lheweoghled ~_deqlJty shlIe wtsIMding dtgting ~ pergt)I1 ThegNed _ 01 equity share$ 0JISll0 tUroll tle PriOd In-fore_ fgtCiUdirIg a txnIs iDoJ tIatUI eleltnenI 3 right issue spill d __ or reverse tPl (1elXlISOIidaIiDn or_os) lito made dunng lteV-- (bl Forlto purpose or llIkulatJIJ ltlIuIod rmroJ per shire Ile Il8I prolil d ltJfl penod_ eqJfy 51eIclldelt n tie ~UltJef ofesQJDldo ltkngtg1MperiodInedforleellecls d II dilutive poIenIIIl d laquoJI- shy

115 PROVl$ION FOR TAXATIOti 13) Tax pense for1M)83 ~CUfeot ill ampdefMed isi1cloled Ie fIIt pltolit (lossl fortrleyeor (b)A~ IImadefortheCUTefIllagtbMlOlillIiltlOity(ltJmpU1ed 01 aoordancIe _ RlevariIlagt raIeSand ill A Pfl5lCl IS made fol cleIemclllDl for1rr9 ltttrerenltel rIsing and liCOJUOlg _ alarreotty Ofsubsl8I1Mjyenaded (e) ~ Igt-Is are ognised 0fIi) ~ _ is certainly 1l1111lhey wiI be INiZe6I1ld 1IOewedfollle~mm sheeld8led1letrIlspectivecarryolg_lIl11dlballiltllte

116 FOREIGNCURRENCYTllANSACTlON ~ applicableFltnql orn=nq lrrIsaGtiolls are accounleltl for at f1e elltolrlge rale prevaiing at the blttnsaction dilte Yearand mnetary assets and liahiitiesItIIoreignournrq are Ir3n$Iated allIle appHcaOie year end e chaoge ~andlIle ~ dilIeo elt ICe is eoognrsed $gaOl oo lorhe ytII

2 In tleopihJndlgtt~ Iho maM3llIe_ dlllaS$8l$[ eilherheentire~amp~ ling Ie 1rftVerwus Fbl ~~ tle0fIi) CGU cI ~ or Ile _ I tlNll l1Ier fIan tIo$e Ii respeclMCltlII)iniimlUllalLId1 assets no ~_IIason trgte Balance Sleel ltllte

lal Bank ~ fa 01 W8$l Be1l1 s_ ElltctncgtIy DioIiboIiltM ~ lid m

(h~ Claim agaiosIheComooy 0l0l ~ 3171849

(c)Oarn01 cerw ExCse CIuty InIer ApplrIl kI Trtlur8I no818

4 Asrc IleIeSlllls beenchargedOf1Ioler-Corpoltole~ he_lias flO beeoleswnatednj ~ n shys Partl OOIlfJrnlaliolt in respect 01 outslar1di~ balances JIr SuIlay DetbI Sltnlry Cltedl1DlS Lwns M~bo-on - inlrl OIIII$Idenolio1lh__

6 The Contrtd _ MI$ e- 81goroeemg 1M COo~adtA IISPObIe for Renovatlon wonlt at Fadlr was teminated dlIlI to pocI and sub-llarolard~ 01 wo1lt and maleliaIs At prtSeI1I hmalilt isurderfillg3lion

7 On iilllleial- ~lSioId CllIlridol~ djotlbyWs FreseruKab Pvt ttd (Fresenlus)1Iith eII8cI JrorIl ztSl Augull 2OOl5 fie -1t 01 ~ _ F-_ 1OImOa5e in cowetSion lthave Godown Iml Vat IDS tlfuMnl $aIIp by hit ~and~ of F-- has enuo oed UI~ cliIIe an no 8lUSImIIthas bftnmMI inherftIIIIld aaolIlIS thnfor

8 NJmaRECEVEOGAlNSTSALEOFPlANT ampMACH ~ E RY

At ~ tgty me Cornjgtony sctI--(dIi 000lt1 ~ -- amp FducalIon l id ~ JtImne _ oIRs 315 CtCQ edt ClIt ol Rs 612cnnsdUlWlg2009-10 iOJIinSl- 0111 Fluids 1Tl8I1~

maIonenes for wllCtlappmpriae resoIutioM -e passed tlf the- Companfs sharehllderson171tl ~ 201 0 Thoi Wesaid -m was ustd by he ~ IIMartlI ~~ 01 unseated kHI J-d from -conponieo

9 MIslment relathg to pr1lIioo ~ ear amounting to Rs 2157641middot ~ net 01 ~~ br Bank Gunnlee released by Bs1 ~ 10 R 7740121- party dsll bypro perod Alary Ib 37097shyrlIenlSl a-o dN)ood ~etarges etlt Rs 371 151middot01 N $arne year

10 MICROSWIILU tpoundDlllM ENTERPRIsES The COnpano hasflOl recewed Ifl IT 0 bull as IIqIJinld 10befledWIfIlhilllOllied ltlJlt(nIy UIMler 1le cro SrtalI JtId MecWn EnIefprioes ~M 200li c1a1Tlll19 tler S131S as00 31st March 2010 (and also 31st March 2(ll)9) rrntroSlIaIlard medlrnenlerprises~he_1Slicl payabIf klhlse dUIWIg_ l_~__l iS nl

11 The ~ III yet to fto -V adopI~ Standard 1S EmploY Benefits (lWes 20(5) issIed by ee 1nstilIJIl 01 ChaIltred AccoulItaols 0I1ndia ant deliilIed discIJslns reIaWli to Oefned Btnelil PIons couId FlO be fnidellollcrnonlS andRe9ortshy

12 RElAI ED PARTY DISClOS~RfS

DiscIoluesasreQUredJIaxulIilg Sagtd8Ill18aregoenbelow

LdofRm~~s

SenboEngneeMg Limited se KrojaI SenguptaErrOclln 81gi_oog Pvt lid -- shy8eeni I-IoIoifgs PIlI tid SnC S ChedMY

Dr Sll8IllaI 0lalCI1D0I1ySenboEnm ampPvt Lid SoFTarIp Kumr OVIkraOO1y Or Asilth Kumar Sengupta

-Trrnsactions with Related Parties duting 2009-201 0

Nature o u pses KeyManagementComj)lnics Personnel amp IWlati-u

(- lRs)

Expenses Ditedors Remuneralion Cullllllt ear ~ Nil

~ Nil

Dirnctorn SLtJIlg F Current lar- shy 40000 Previous at 2a COl Inoome

Electricity amp Diesel 71373

54358

Outstanding Balances onJ~ March 21)10

Unsecured teen CIIroIIt Year 1S4m245 Previous rilar 217343388

13 EAR~ I N GPER SHARE

Cumml Yn (Rs) Previous Year (Rs)

Net Profit I (Loss) after current and ~ tax Weghled Average

(33054243) 251 11011 1

Numtgter of Equity Shares 01 Ri 10eadlason 31()3-101 0 10647900 1O647OCXl

EamOngsPer Shale(BasicandDiluted) 14 FigUIeS to thepreltioos year tevebeen re-arranged and fe-9ouped ~ necessary

is Informatioo PlJfSllaI1l loNotllication UIIllerScheduleViofthe~rns Act1956 IAscertifiedbythelllartagement)

CIfIlInt Year

Oy INoofSoltMI 151 Annual Capacty _ PrOOLlClion

15 11 Used Capacrty 1aOOClOOO ~

1512 I rgt$~ Copltgtdty 18000000 ~

1513 TrialPrndLJClS of Irl1tlwenous FlJid _ MacIliroI upgradatlDr1

r p~~~ 157634 1178355

Saio oITrial FroducIs ol-shy 24244 206557

153 I -V FUds BottIos 191 18664

154 -shy IV FOIds Bottlogt 135309 990461

Pn0IS Year

INo_ oHloltles) IRs)

16000000 ~

18000000 ~

17878

~

1919 186amp4

-- --

CUrrtfltYtar shy- - (Moe-) -1 55 -- M5gt I PIWj G M M M M M M532 0_ lt0shy_~

GolI-ampO -- c_C_ -shy

1511 1572 sa-ls-o

-- -- -- -

- U - -- _ar shy_Cshy- - oW bull

~amp2 ---- M

bull bull bull_- -_ M

u uUm-- S bull bull

IS 5 12

0shy - a

1t11Pt a a-M

~

M- M

-

PCIY_- M M

M

1111 M

~~ 11

-

c

l

-

Informationpursuam to PartlYofSchemJItVIof the CompanilsAct 1956

B 1IceSl-fAbaraer_~~8U$-_

REGlSTRATlON DETAILS

~i No CJrI L 22 fTfTi( B I 9J r pT L o amp3Z 7a

llaIIAe Srleel DtIo l 3LlBpIl l amp11 oJ tl CAIIfAL RAISED DLRJ~G THE IEAIl (Arrioln Ra 000)

Pul iIlh I~ ~ Ilo1IIsaoi lonuI1saoe [l~N J t l PO$nOfII OF MllfIl 74TD1 AICl 0euroJlCmlEWT Of FUtClS AIoIIut Ik lDlI ___I bull~ f 5_1 kIII-- bull - -~ si shy

t1L ~ G 2aDi-l - shy- CIl frIJill ill-l412l1lJ ~oIFomds

lei Fuel A- [lj 41T[)l ojsJ ITDillJil Net ClmlIlt Assel5 [-r2T i~ 1_3ill j271T[SS]

N PERFORaLlHCE Of COlIIPAHY (Amwllll RsOOJ)

Tlnll1OII ITI2 -i L i lJIZ3 LL31middot~ r3Jl~~_

tJ3T( 1 57 a-LJ(Itl

GEHEltIC HAIlES OF 1fREf IRIHCIPll PROOUCTS

1 t _-FUds QV FUlls) CodIo No

2

3 NIL

ScheclJM 110 22 in siJed y Ihlllolowlg

~ RAJESH CMTUIlElllamp SSOOTES ~ I

bull 0-- di oIlW

SK_ DollId 2lIII1oIat_21110 -- ~IIIfl9r~ampe-~

CEOiCFO Certification

we 11- odbilljji led CU 8ijIlICbltt epacilieliISownn ampIotirIagrIg Dnaor (CEO) IFd Vice o-w (CfO) d soo~ lgtmed(ltgtoCornfrylOlMboltld ardbeIilIl oerIvtrlol-II) we live ~ ee lIIbltgtoamplinInciaI ~ noad wiIIlhe Cash FkM StaIIInWot d Senbo lnOlgtIneS Litnited

1orr-~3middotmiddotIlIntI2Cl0InlSllleNIl t81dart4 l _bIliIf (I Ibullbull de ngl ~ _ilIII Ibullbull or_ ~ lacI or_

lIOilSN1IblI tng _ ~1 __ 111_ I _-~-n_

~ iTa __

(tI) we _ lilbIsIdar if IId bIloII1lIIIlr1nIdOtlStrlIlllIICI tIle~ dUIrog

~_II1e~~arltAl bullbull ~lhe~eoaedCOtQcl

w lIodaN II illla~ d ed aJ onan 1Id C6 - Ked OQi lheCOdeolCcnltudilS~lPylN~_

(e) we UNr1ClllPC abIil beslilllIslqlnl l ODIlIroIIar 18Mll We heltdl ess d oornt sysIImS 01 CalgtanJ IIlilfnonl8 1ejO-- ~ tl tie 8IOIorI rdtlI AIdI COl_ I1olfio I(ies inle desIJl or oplIlllOi01such Itlma eortroII ~ any olwtJdwe arep3fllard stejlS takenorp-oposed 10 blIlallten b rlifov1g slICh oolioencie$

(d we_ tedanw_1MItlaIian tllha adnnllheALoltCo bull

(I Slfiji~~I onIefTaI~_~~ltUIlglher-

jiI Sy d8lJlI f ~-dellaWlg n lNllhe _ ~ lilNIrwlQiIl _

1 _Q$gl_f3UIl ~_=1- I Y gl bullbullbulleor ~I KlIenlhe~-~~-

M$Oillilllshy

c S Choudhuryvo-shy

~Iaqtion

~~tlIIulewr~Eta pnooad -09 (l l1ll(iildl-O_ 1le sma EAlw Ile eacle wbullbull SorirIr 1Mie Fwi lIIIIIlIoM oed eooue Code aJCcrWcl b III yelI endId 31$llllaodl

ForSoriIo hUres ~

shya- 1 bull V Dncb

28

-

-- - --

--

CA91FLOW $TJ1UlENT FOR THE YfJ~ BiDEDtiP IIAACM Z010 -- _shy1IIntltl 2f1

A calli FilM Inn e- gAdMliII5 - shyPdrllDaJrIaolt lD ~ l32ampl t 459 (251303971 ~bDocgt_ l$OnlIamp 134lZft9 ~PdlllJ bIbw IIoIIltlg ~CwlgII 16769 3S$) (1l JOl7I) (ro-~Wilrblil~ (Ottgtr tlan Cash-l CasI1 E~l 3amp521 301 (5510185) Cxh IO ~ fIvn 0parBli0ngt 221511006 116618564j Drreel T_PIId

l CnII FilM Opamng AlttiVitift 2215$il06 lU185641

II CUll Flow from Irwu~ng Acbrilies (248467) ~dr-lI8d~

nbiIg Fonogn etrq VinWI (29701199) ~farCl(lUl F~_

~ Net Call uMd ~ bullbull ~lI Adma

c e-Aoootr-f_ ~_ -edShn CCxlaI

PIgt --blsI tolt ugsReceJi_ d uo-nd u Oftrlb Slaw PrtIdoIl 01 pel ~

NatcII -cI in FNIICiol9 AcIvilieI l2107U43J NehlCi (cIao I lineal_ ~ ecuivaltnls1 8+lt1 (560~)

Oparong B-c orCallIand Cash EquiQIente 907371 eea CI~g BilInel of Cllh and Clsh Equivalanb W 907311

For ftOll_ dlho amp11

CS ClMufhury kIP ~ ob ow- cr amp~lrnIaIY

SIl II I I at Gewaf ~ amp~SfcreWy

bull AUDITORS CERT1ACATE

fila- roe _ QIIfl b e d sa8) MlUSTllIS LUTEDfarhe IlClt ended 31 wm 2010The 81_ beerl__ llr fl CcnopInJ awulIe row =eliIca 32li1il1lillAQl _ SIocIo ~_ _ _ __toBIIliIlaSIIIIMoI cnce CIIIfU-lrW1lIPJflb tliOld~

For gtASH CHATlfltD bull bull ssaxaTES ~laquogtIl ws

DeIeol- 28tl ~ 2010 PrtllU Ho~

29

~---------------~

BOOK POST

Senbo Industries Limited

Registered Office 87 l6fW1 Sarari KoIoaa 700013

Phone a33)2217 891516 Fax 033 2265 9485

Email senboindgmailcom Wilbsile wwwsenboindustriescom

Works KarbBla Sonarpur Station Road

KoIkata 700 103 Phone 033 2434 7339

Fax 033 2434 7341

Page 19: Sixteenth Annual Report 2009-10 - Bombay Stock ExchangeU8il. C8ncer R!sean::I'l lklil5 1il:l!l>tl1l 1lC. In8lldIlIor. lhe I!oItd_

---

--Profitamp loss Account for the yearended 31 - March 2010

Sd 1Wdl31 2010 INCOME Sale 0TltiiiPrtOoG cow klcJuampeI~) III SkIdlt 97l198 17878

135125ot

- shy

FQor gtlis OtlerII gtlisee-J

leoSOibullbulle-- -COW-SeAng amp Pnldua De I bullbullbullbullbull --Ilems aI ltIlmllle yNr

n

ts te rebull

11)49028 120932 m ~12J51

2fioI7454 195538 6928685 6 ~7ampM2

5861 892 2929647 921633 92216

16on064 13822019 aee 158ll3ll

ltm s

PROFTT I (lOSS) PnJlil I (los$) bebw ~ (330542 4)) (25040611 ) PIoo$(o b ~ - FBT (10400)

(33054243) (25111011)

J 17~20

(238383798) (21 31530011

(271 1SUS7) =

For IOJ Of )tNI d lIlo 8tgton1

C S Choudhury K1ijal Sengup~

Vici ClamIa-l C1IiimIM amp IIiIgtIIloWll Dnltlltrr

s KMukllopacfhyay -~IFn1naJJ amp~~

NOTES TO THE ACCOUf(fS

In IemIs 01 1M reptil 0 (MIl rIaIe attadleIl lor RajKh ChaluIYIIdI amp ~t5

R ClatucIi-Dated 28th May 2010

- - - ---

- - -

bull bull

SchedulesForming Part of 8a~ Shelaquo F AUI middot MM~312009~3121110

~

SHARE CAPITAL Auhoflllld -- shy~

lllilOIX~_ltJRsltl-_ 120000100 ampaooOOO

luued Subsaiblld Paid upJlIlIOIlIl~sr-ltJ Rs tgt-- fullllI Ult_- - - -shy

104909000 104900000 I Oli HICl Eqity Shno 0 ltl- YlI_b__ - 50ltI (lOO 5091000

- -11 o000DOO 110000000

- SharCI _1 A_ 1S21ooo 1521000

01419000 106479000

2 RESEIM SURPlUS roo ~-CapcentlIwbsidy (Gcwl Ql West Bengali 1SllOOOO 500000 _ 91 13000II 91l31ooo

9268ll000 92600000

2 UNSECURED LOANS From eeeesCorpaote 194272245 21 7343388

194272245 217343388

8 FIXEDASSETS tEPREClArntl _shy_~

~-~~

bullbull bullbull ~ bullbull bullbull bullbull= - l Ol20 ~ D1 [)I1IXamp _

111lllll1O 11Ollllili ~ -~ -

~ 1$1 -- ~ ~-

2lt W - rWlro til1 TampI s

_~

I~ _ ~ ZSO~13relt 21U8325DlgUO gt5~O IG lJ231ae 390428)1 lIJ I3 m~l08

920 -~ ]100) _113 Zl(lllll~-

ll~ SI2 T3 1J2 M~ -- - m ~ 511~

_ I RIiloo _133lt0 romiddot ~ 611811ll 1138lt20- I 11 oIol ~M- - _m

IIIlt shy-- l1t12I571 2400II l1t 1 51~ - ~ crbullbull 163mllRi m ~IO3ll -l2alte2to l2TnO510 1IJg6l5111 11Il22OW IU lIOlIOlI T83 mJl(lll

-~

18

-~-----------------------------

---------

Sehtdults Forming Partof Ba-- Shell

see INVENTORIES As -en-ee lyNuCl

shy--shy~r omooos _bull Clro- Sa eo CcocI Orooer Sa C llcUIIW

lMs PIIl_kw~c

CASK 8AHK BampLampCES c1It-_amp__ bull

cr~Sd

ocat b a- ( (00 _ 0-_1

LOMS ADVANCESbull shy~

1vJ ~_etl 0

II_Clfb_tlt_ AMrakwf = _b - FB7 (fY2IlllI-lI9l _ FS T -Y2llraquo- tI e-PLl

1Iwll ow F- ~ lane F- PClI _ Tax AI ~ InpIlIVlTIW bull

s CURRENT LIA8lLIT1ES PIlOVSlONS ACURRENT w8IUTIES0- _

bull SSJ lnt

-- shy- SeoIII) 0tpaM Reo 4 o8Cl

rMra F o-n- ~ IPl sad PaIl ~

bull~ FOR TAXAT10H FmlIlIInIM Tax

ts

IIIwcb 31 2m0 -

6111$ $ 681 fjl

U 1U5S 1991 53

119904163 ~n9~16

1l1527

2 ~ -

UOgt -

17 bull lgtS ~11

om SlD5 211503 ~ ~ ~

-

8718610

lt10901 S790 151 -wm

310(0) uo48ns_

( J MardI31 2Illll

shy21i21l6ll j$~1

~lSI

1( I1SOOJl2Z

11713 ~ 1795 11

12lsWshy

lW111

_137f

6913201i

2JOgt rea

1Ui

l12n1M

63522501

3100XI

11576)33

ro 70bull00

- -

--

- -

- - - -

SltheClIles f ormingPart d Profit amp LO$S Aceounl

10 SALES

-~- -- 11 OTHERItCQME11-[ melt

12 flaquolN OPERATING INCOItE LatIy lnt1en Ilad

13 RAW MATERIALS ~ Slcd01 Raw ~ Add PudiBse Duling he year

less ~ Stock IIntten 01

__ less ClJsrlg SOdl

15 UTIUTIS - POorCf amp fue l

FltnI8OOOiI shy_=00=4 of ~ 16 PEIlSCNtlEl EXPENSES

Salary Wa1eSEltgtlus ampExQlIJl wgtltl~

Co ConlrbJliorllll P ilIId E S I F fICmIrOW_~poundlC

Stl ffTffin~

LtWm 8 liwiIs

17 Olli ER EXPlNSES AlOIo FlernJnn1lO1 B3ltkCh Books amp Pto odicaigt ConsJlanc S service CtIatgts eooooo Diltectgtf Sitmg Fee Oonaion amp SltIbwEnt9llJirlrroerj bpelMl$

-- V endIltI ~ 1 200IIM~ J1 2010 h

- 2(6557 l4t64

lJl17li 457449 172899 _ - ciJ8S

420amp82

420amp82

~62U68 1441323 96691 l294m

2111359 21421 00 162n

2050~ 2742100 501554 2621168

_1~9 ~ 120132

194905 sbee 407285 ~

Zn1 1~ 412351

2320 ~J 751578 24367 17lt581

15379 ~

264745C 1guraquolIshy

OI0tTO S4lll292 370512 35096

17412 19J11 ~ 911 138 574902

6928ampamp5 - amp471gt12

1890~ -zsesm a 18793 4308amp5 29864 207818 152574

~40000 ~ ~

55189 ~

-_---------------------

--$lttdules Fonning Pillof Profit amp losl kwunl -

FIQlIy Fcnrc ~ RligisIi 01- shy shyPlIge amp_Ii Prning amp S -_ Wi _ t XD - shy

VIhdI a -

UidbullbullJ- 5aLJrtG amp PRODUCT DEVaOPllOO

Elwo_ 11_ C

e shy- shy CgtWltGES CIlCllfl CrdNc

middot~(IITOS bull CIlE$lDl-

shybullllII

ITE-s MllTTal on DURING THE tElR ~OIlIIe _ncIl11ngi1r___

21 AOAJSTlIENT llfLlnfG TO PREVIOUS lElRS ~~ToPt

---

IIIrdI 11 2lttO

293~ aeses 2013

3 67 37 37193

31 lOl

~

_~l-m

V

scs 2671

~

-- IampIrcII 31 20Ili

shy321581 271850

92 312102115875

~ 500 ease ~ mno10 ~ 3lrn

OW

eo ~

m me

nM

21

n IIOTU 0 ACCOtIITS Slttw- tlmnI prI die ilalfte srt1Il Istllllrchola nl PIlIIII amp 1JIIs-aul trn _ -1IlliIlI31YIrct2C 11

t Sifi_Ac bull shyt _1 8o$lS CFACCtIUN7JrIG Tht~ e p wl-MI_UlcstOll__l Ol atCIAIba5lSd~

C_ lIOltUSgqIUI)lfICl- i1b1el1l~ c__11IO

oonplyOllfltlt~~ ~ eolAaNIfSWdilnl) ~ 2lD6 puSUiRlc5ecbI211 (3C)1te eooesAcL 19561 lto6lmiI) Gle~ ~ ll _ (_ CAAPI ~andft~ pvmIOOS DIN r~-1956 Tht~ pJlIQeIl iQCQIlSISIonampyamplplledbyN~

12 USE Oa STIliAn The_n_of~~~OIIhGAN~~ lDmakelSllnllllC ~ fllIlllKttlt r8pI)1ed-td _aod- ltIIodocltre 01 ~ngenlliltlillIes

bullbullbull_dbgt ~ tol -l had pjoesrilrng IIMI ~ penxl ~~ 1IIilinaIIls b8sed l(lOII iitSmiddot be kloItIatunwl ~CIlUOJ

3 RXal USETS fI F_-iIl~ oxa oleUeoabIfII1oa 1C05IIICUlli5 IIIGUei llclir-wh tJitS-mcubullbull__

Ib)Tho~_rJbed _d__QnMj [ ~

laquob)i u lEPRfQA1JC

00 bull d -1_cnoodIl CIIIIriiIgb me ~ lillle-~ Slt1leOjo JNrJ ~AaI956 bullbullbull_

~ e-LCIII_~~ding 1efW _iii dlldl e-ertSaly~oo__ bull bull Ii middotded~r~4~_d_

15 MPARlllEtITF ~taehilllalCli SIlIlIll_iDl __ Ii CIIe__~

rldicIIt rt ifllleao_ ~ 01 bad _ lt1Plomgtooed N pa_ lCJsI le1 _toe lltT)lIlll_fII oIl1e ~ lib11 tJIJIIJ Cash GEsIili lN (CGU~Of ollelexceeds_1JIfiUt Tho__ Ii hi QIMkI d1lgte_net ~1IOIiI$_In~vaIle ~ hees~matad lltlft cosl lbw mUle use ollne aiiSs diIcounled 0 Ilelr Pfesenl_ 011 WIlltl_ M ompAtTIIMlllCJsl is~ j tt- _ --linllertlCOYlfalll onanlrld sunlrlss_OOIorgor_OfModicgtaw ~ Ioa l JlMnIIlterMa ~ tI N carrp1J -01- _ Mlil1 case d CGU

7 I Jok CIII~~

11 MfIlTORIES (___~ t_ ~ -cIII~d

~roolSldlel I ~-_aI _1ot-IIIDdQn5

~___~COIlf~plOdocII_oelDI n DbeJddampl7ampblgtIealll ColIiMlill- shy(bl- __- __~hsIoecgDCII2I --=lIl_dalilnnll

II ColI d a- ltIiel IItnIr _ pencil 01 _

~CllljO _

11 ~ a OGCOSTS amp0 g_hl~tI t Of~olhec __ iIo-t ~aolglgtltdgt_ _oWIOcoAI_dWgoltltJ~_

22

18 REVENUE RECOGNITlON ~ tom the$3Ie ~ goods(rouong TrllIi prodJctloo1 Ilottlesl IS ~ t4XJI passage 01 titleIe the cuslomen wtgtidl ~ _ Iheir ltIeliver) ~~ -y cui 01 gtltu ltifIe cIiimr 8lc altcOunlted rasand hey ~ fnaIydetlt1rmonod

19 PROVISIONSCOtITINGEl UABlUTIESAHDCOIffiNGENT ASSETS lalA pllOISIOn IS reoogrrised when theCUI1pal) tlas bull n-Jl otIIIgaoon as ~ 01 __ -l ~ ~ an CkIlkgtw 01 resource Of t ~ 10 $OllIe the ottgatiltJn in respect 01 wIldI ~ ~ _ be_ ProyenIIions are not diiowlId l)~ ~ ond a ~ -d (WI be5l OSlimate ~tl_ the abIigaIJooat he -e__ These _ atNd baJIIoce sIleel

d e -l~lO fllIoa lhe~~l~te

(h) Cootingenl labfllies ~ byY offICIIe5 IC (0) ConlingenlAwlz~ Y_egtlaquoepl lor lho purposed _ellol-

110 lEASE Sne 1(1_ has beenlICqIOrOO to-PCl ~~ l)pe 01wiI be deIenTwgted WI

~ 111 ACCOUNTlNGFORTAXESONINCOME

In-01 lilt lossb tie year ltJ1der revi Taxeson CuretC anIDeleltted Income have notansen

112 SEGMENTmiddotWlSE REPORTING The~eXltiJsiwe~ 1$ maruaeturinJ yenIll lI 0I V Fblsnl such in theopinocgtl Qfie Ibr1agemenl ttIil is lhlI (IIy lepo ~~ ampe9fIIlOl per AcclInng SllnIiard 17 on SegnetC Repor1lnt =oed by n - 01 Owtered AaxgtuntlolS or lnclol There 15 no ~ GeograpIwal segmenleithelt

111 EMPLOYEE BENEFITS (I) llelnod COOIlIbtlJon 10 prQIIidertfind ard empIo _ 0SlGII00 arediared Ie~ amp loss 1lCttUll 01 fill _ GleQlIIIrtbulions lOthe~ bIClS n 0JIlThere ate roo 0IheI 00lig81i0nI Ie Ihe eo IJIt I oe-er lIaI1 clJGb6Dn payable to therespecIMI-uy illIIIltntJes (b)Mninul1 _ or bonusasrgtcgotiated fmm n 10_ os lIo1W oCCOIJlted arc pood ClIIIl basis 0$1 -dQlllSlSlfrqt (0) No _ llInIIfit5lCthe~

Id) A molteltolco_ y_llerooIIin lhebmaigraUlyisllilllltraquo_ ed oncashbBSltl

1 _1~ POLICY ON EARNING PER SIWlf (alBMcNrnig persharelliltAlQ ~b)~lhetgtet~OIlossallet end rtude POSlIPeeclolany ~ ilem lor the peroltl IlItWtIlo Il~~ by lheweoghled ~_deqlJty shlIe wtsIMding dtgting ~ pergt)I1 ThegNed _ 01 equity share$ 0JISll0 tUroll tle PriOd In-fore_ fgtCiUdirIg a txnIs iDoJ tIatUI eleltnenI 3 right issue spill d __ or reverse tPl (1elXlISOIidaIiDn or_os) lito made dunng lteV-- (bl Forlto purpose or llIkulatJIJ ltlIuIod rmroJ per shire Ile Il8I prolil d ltJfl penod_ eqJfy 51eIclldelt n tie ~UltJef ofesQJDldo ltkngtg1MperiodInedforleellecls d II dilutive poIenIIIl d laquoJI- shy

115 PROVl$ION FOR TAXATIOti 13) Tax pense for1M)83 ~CUfeot ill ampdefMed isi1cloled Ie fIIt pltolit (lossl fortrleyeor (b)A~ IImadefortheCUTefIllagtbMlOlillIiltlOity(ltJmpU1ed 01 aoordancIe _ RlevariIlagt raIeSand ill A Pfl5lCl IS made fol cleIemclllDl for1rr9 ltttrerenltel rIsing and liCOJUOlg _ alarreotty Ofsubsl8I1Mjyenaded (e) ~ Igt-Is are ognised 0fIi) ~ _ is certainly 1l1111lhey wiI be INiZe6I1ld 1IOewedfollle~mm sheeld8led1letrIlspectivecarryolg_lIl11dlballiltllte

116 FOREIGNCURRENCYTllANSACTlON ~ applicableFltnql orn=nq lrrIsaGtiolls are accounleltl for at f1e elltolrlge rale prevaiing at the blttnsaction dilte Yearand mnetary assets and liahiitiesItIIoreignournrq are Ir3n$Iated allIle appHcaOie year end e chaoge ~andlIle ~ dilIeo elt ICe is eoognrsed $gaOl oo lorhe ytII

2 In tleopihJndlgtt~ Iho maM3llIe_ dlllaS$8l$[ eilherheentire~amp~ ling Ie 1rftVerwus Fbl ~~ tle0fIi) CGU cI ~ or Ile _ I tlNll l1Ier fIan tIo$e Ii respeclMCltlII)iniimlUllalLId1 assets no ~_IIason trgte Balance Sleel ltllte

lal Bank ~ fa 01 W8$l Be1l1 s_ ElltctncgtIy DioIiboIiltM ~ lid m

(h~ Claim agaiosIheComooy 0l0l ~ 3171849

(c)Oarn01 cerw ExCse CIuty InIer ApplrIl kI Trtlur8I no818

4 Asrc IleIeSlllls beenchargedOf1Ioler-Corpoltole~ he_lias flO beeoleswnatednj ~ n shys Partl OOIlfJrnlaliolt in respect 01 outslar1di~ balances JIr SuIlay DetbI Sltnlry Cltedl1DlS Lwns M~bo-on - inlrl OIIII$Idenolio1lh__

6 The Contrtd _ MI$ e- 81goroeemg 1M COo~adtA IISPObIe for Renovatlon wonlt at Fadlr was teminated dlIlI to pocI and sub-llarolard~ 01 wo1lt and maleliaIs At prtSeI1I hmalilt isurderfillg3lion

7 On iilllleial- ~lSioId CllIlridol~ djotlbyWs FreseruKab Pvt ttd (Fresenlus)1Iith eII8cI JrorIl ztSl Augull 2OOl5 fie -1t 01 ~ _ F-_ 1OImOa5e in cowetSion lthave Godown Iml Vat IDS tlfuMnl $aIIp by hit ~and~ of F-- has enuo oed UI~ cliIIe an no 8lUSImIIthas bftnmMI inherftIIIIld aaolIlIS thnfor

8 NJmaRECEVEOGAlNSTSALEOFPlANT ampMACH ~ E RY

At ~ tgty me Cornjgtony sctI--(dIi 000lt1 ~ -- amp FducalIon l id ~ JtImne _ oIRs 315 CtCQ edt ClIt ol Rs 612cnnsdUlWlg2009-10 iOJIinSl- 0111 Fluids 1Tl8I1~

maIonenes for wllCtlappmpriae resoIutioM -e passed tlf the- Companfs sharehllderson171tl ~ 201 0 Thoi Wesaid -m was ustd by he ~ IIMartlI ~~ 01 unseated kHI J-d from -conponieo

9 MIslment relathg to pr1lIioo ~ ear amounting to Rs 2157641middot ~ net 01 ~~ br Bank Gunnlee released by Bs1 ~ 10 R 7740121- party dsll bypro perod Alary Ib 37097shyrlIenlSl a-o dN)ood ~etarges etlt Rs 371 151middot01 N $arne year

10 MICROSWIILU tpoundDlllM ENTERPRIsES The COnpano hasflOl recewed Ifl IT 0 bull as IIqIJinld 10befledWIfIlhilllOllied ltlJlt(nIy UIMler 1le cro SrtalI JtId MecWn EnIefprioes ~M 200li c1a1Tlll19 tler S131S as00 31st March 2010 (and also 31st March 2(ll)9) rrntroSlIaIlard medlrnenlerprises~he_1Slicl payabIf klhlse dUIWIg_ l_~__l iS nl

11 The ~ III yet to fto -V adopI~ Standard 1S EmploY Benefits (lWes 20(5) issIed by ee 1nstilIJIl 01 ChaIltred AccoulItaols 0I1ndia ant deliilIed discIJslns reIaWli to Oefned Btnelil PIons couId FlO be fnidellollcrnonlS andRe9ortshy

12 RElAI ED PARTY DISClOS~RfS

DiscIoluesasreQUredJIaxulIilg Sagtd8Ill18aregoenbelow

LdofRm~~s

SenboEngneeMg Limited se KrojaI SenguptaErrOclln 81gi_oog Pvt lid -- shy8eeni I-IoIoifgs PIlI tid SnC S ChedMY

Dr Sll8IllaI 0lalCI1D0I1ySenboEnm ampPvt Lid SoFTarIp Kumr OVIkraOO1y Or Asilth Kumar Sengupta

-Trrnsactions with Related Parties duting 2009-201 0

Nature o u pses KeyManagementComj)lnics Personnel amp IWlati-u

(- lRs)

Expenses Ditedors Remuneralion Cullllllt ear ~ Nil

~ Nil

Dirnctorn SLtJIlg F Current lar- shy 40000 Previous at 2a COl Inoome

Electricity amp Diesel 71373

54358

Outstanding Balances onJ~ March 21)10

Unsecured teen CIIroIIt Year 1S4m245 Previous rilar 217343388

13 EAR~ I N GPER SHARE

Cumml Yn (Rs) Previous Year (Rs)

Net Profit I (Loss) after current and ~ tax Weghled Average

(33054243) 251 11011 1

Numtgter of Equity Shares 01 Ri 10eadlason 31()3-101 0 10647900 1O647OCXl

EamOngsPer Shale(BasicandDiluted) 14 FigUIeS to thepreltioos year tevebeen re-arranged and fe-9ouped ~ necessary

is Informatioo PlJfSllaI1l loNotllication UIIllerScheduleViofthe~rns Act1956 IAscertifiedbythelllartagement)

CIfIlInt Year

Oy INoofSoltMI 151 Annual Capacty _ PrOOLlClion

15 11 Used Capacrty 1aOOClOOO ~

1512 I rgt$~ Copltgtdty 18000000 ~

1513 TrialPrndLJClS of Irl1tlwenous FlJid _ MacIliroI upgradatlDr1

r p~~~ 157634 1178355

Saio oITrial FroducIs ol-shy 24244 206557

153 I -V FUds BottIos 191 18664

154 -shy IV FOIds Bottlogt 135309 990461

Pn0IS Year

INo_ oHloltles) IRs)

16000000 ~

18000000 ~

17878

~

1919 186amp4

-- --

CUrrtfltYtar shy- - (Moe-) -1 55 -- M5gt I PIWj G M M M M M M532 0_ lt0shy_~

GolI-ampO -- c_C_ -shy

1511 1572 sa-ls-o

-- -- -- -

- U - -- _ar shy_Cshy- - oW bull

~amp2 ---- M

bull bull bull_- -_ M

u uUm-- S bull bull

IS 5 12

0shy - a

1t11Pt a a-M

~

M- M

-

PCIY_- M M

M

1111 M

~~ 11

-

c

l

-

Informationpursuam to PartlYofSchemJItVIof the CompanilsAct 1956

B 1IceSl-fAbaraer_~~8U$-_

REGlSTRATlON DETAILS

~i No CJrI L 22 fTfTi( B I 9J r pT L o amp3Z 7a

llaIIAe Srleel DtIo l 3LlBpIl l amp11 oJ tl CAIIfAL RAISED DLRJ~G THE IEAIl (Arrioln Ra 000)

Pul iIlh I~ ~ Ilo1IIsaoi lonuI1saoe [l~N J t l PO$nOfII OF MllfIl 74TD1 AICl 0euroJlCmlEWT Of FUtClS AIoIIut Ik lDlI ___I bull~ f 5_1 kIII-- bull - -~ si shy

t1L ~ G 2aDi-l - shy- CIl frIJill ill-l412l1lJ ~oIFomds

lei Fuel A- [lj 41T[)l ojsJ ITDillJil Net ClmlIlt Assel5 [-r2T i~ 1_3ill j271T[SS]

N PERFORaLlHCE Of COlIIPAHY (Amwllll RsOOJ)

Tlnll1OII ITI2 -i L i lJIZ3 LL31middot~ r3Jl~~_

tJ3T( 1 57 a-LJ(Itl

GEHEltIC HAIlES OF 1fREf IRIHCIPll PROOUCTS

1 t _-FUds QV FUlls) CodIo No

2

3 NIL

ScheclJM 110 22 in siJed y Ihlllolowlg

~ RAJESH CMTUIlElllamp SSOOTES ~ I

bull 0-- di oIlW

SK_ DollId 2lIII1oIat_21110 -- ~IIIfl9r~ampe-~

CEOiCFO Certification

we 11- odbilljji led CU 8ijIlICbltt epacilieliISownn ampIotirIagrIg Dnaor (CEO) IFd Vice o-w (CfO) d soo~ lgtmed(ltgtoCornfrylOlMboltld ardbeIilIl oerIvtrlol-II) we live ~ ee lIIbltgtoamplinInciaI ~ noad wiIIlhe Cash FkM StaIIInWot d Senbo lnOlgtIneS Litnited

1orr-~3middotmiddotIlIntI2Cl0InlSllleNIl t81dart4 l _bIliIf (I Ibullbull de ngl ~ _ilIII Ibullbull or_ ~ lacI or_

lIOilSN1IblI tng _ ~1 __ 111_ I _-~-n_

~ iTa __

(tI) we _ lilbIsIdar if IId bIloII1lIIIlr1nIdOtlStrlIlllIICI tIle~ dUIrog

~_II1e~~arltAl bullbull ~lhe~eoaedCOtQcl

w lIodaN II illla~ d ed aJ onan 1Id C6 - Ked OQi lheCOdeolCcnltudilS~lPylN~_

(e) we UNr1ClllPC abIil beslilllIslqlnl l ODIlIroIIar 18Mll We heltdl ess d oornt sysIImS 01 CalgtanJ IIlilfnonl8 1ejO-- ~ tl tie 8IOIorI rdtlI AIdI COl_ I1olfio I(ies inle desIJl or oplIlllOi01such Itlma eortroII ~ any olwtJdwe arep3fllard stejlS takenorp-oposed 10 blIlallten b rlifov1g slICh oolioencie$

(d we_ tedanw_1MItlaIian tllha adnnllheALoltCo bull

(I Slfiji~~I onIefTaI~_~~ltUIlglher-

jiI Sy d8lJlI f ~-dellaWlg n lNllhe _ ~ lilNIrwlQiIl _

1 _Q$gl_f3UIl ~_=1- I Y gl bullbullbulleor ~I KlIenlhe~-~~-

M$Oillilllshy

c S Choudhuryvo-shy

~Iaqtion

~~tlIIulewr~Eta pnooad -09 (l l1ll(iildl-O_ 1le sma EAlw Ile eacle wbullbull SorirIr 1Mie Fwi lIIIIIlIoM oed eooue Code aJCcrWcl b III yelI endId 31$llllaodl

ForSoriIo hUres ~

shya- 1 bull V Dncb

28

-

-- - --

--

CA91FLOW $TJ1UlENT FOR THE YfJ~ BiDEDtiP IIAACM Z010 -- _shy1IIntltl 2f1

A calli FilM Inn e- gAdMliII5 - shyPdrllDaJrIaolt lD ~ l32ampl t 459 (251303971 ~bDocgt_ l$OnlIamp 134lZft9 ~PdlllJ bIbw IIoIIltlg ~CwlgII 16769 3S$) (1l JOl7I) (ro-~Wilrblil~ (Ottgtr tlan Cash-l CasI1 E~l 3amp521 301 (5510185) Cxh IO ~ fIvn 0parBli0ngt 221511006 116618564j Drreel T_PIId

l CnII FilM Opamng AlttiVitift 2215$il06 lU185641

II CUll Flow from Irwu~ng Acbrilies (248467) ~dr-lI8d~

nbiIg Fonogn etrq VinWI (29701199) ~farCl(lUl F~_

~ Net Call uMd ~ bullbull ~lI Adma

c e-Aoootr-f_ ~_ -edShn CCxlaI

PIgt --blsI tolt ugsReceJi_ d uo-nd u Oftrlb Slaw PrtIdoIl 01 pel ~

NatcII -cI in FNIICiol9 AcIvilieI l2107U43J NehlCi (cIao I lineal_ ~ ecuivaltnls1 8+lt1 (560~)

Oparong B-c orCallIand Cash EquiQIente 907371 eea CI~g BilInel of Cllh and Clsh Equivalanb W 907311

For ftOll_ dlho amp11

CS ClMufhury kIP ~ ob ow- cr amp~lrnIaIY

SIl II I I at Gewaf ~ amp~SfcreWy

bull AUDITORS CERT1ACATE

fila- roe _ QIIfl b e d sa8) MlUSTllIS LUTEDfarhe IlClt ended 31 wm 2010The 81_ beerl__ llr fl CcnopInJ awulIe row =eliIca 32li1il1lillAQl _ SIocIo ~_ _ _ __toBIIliIlaSIIIIMoI cnce CIIIfU-lrW1lIPJflb tliOld~

For gtASH CHATlfltD bull bull ssaxaTES ~laquogtIl ws

DeIeol- 28tl ~ 2010 PrtllU Ho~

29

~---------------~

BOOK POST

Senbo Industries Limited

Registered Office 87 l6fW1 Sarari KoIoaa 700013

Phone a33)2217 891516 Fax 033 2265 9485

Email senboindgmailcom Wilbsile wwwsenboindustriescom

Works KarbBla Sonarpur Station Road

KoIkata 700 103 Phone 033 2434 7339

Fax 033 2434 7341

Page 20: Sixteenth Annual Report 2009-10 - Bombay Stock ExchangeU8il. C8ncer R!sean::I'l lklil5 1il:l!l>tl1l 1lC. In8lldIlIor. lhe I!oItd_

- - - ---

- - -

bull bull

SchedulesForming Part of 8a~ Shelaquo F AUI middot MM~312009~3121110

~

SHARE CAPITAL Auhoflllld -- shy~

lllilOIX~_ltJRsltl-_ 120000100 ampaooOOO

luued Subsaiblld Paid upJlIlIOIlIl~sr-ltJ Rs tgt-- fullllI Ult_- - - -shy

104909000 104900000 I Oli HICl Eqity Shno 0 ltl- YlI_b__ - 50ltI (lOO 5091000

- -11 o000DOO 110000000

- SharCI _1 A_ 1S21ooo 1521000

01419000 106479000

2 RESEIM SURPlUS roo ~-CapcentlIwbsidy (Gcwl Ql West Bengali 1SllOOOO 500000 _ 91 13000II 91l31ooo

9268ll000 92600000

2 UNSECURED LOANS From eeeesCorpaote 194272245 21 7343388

194272245 217343388

8 FIXEDASSETS tEPREClArntl _shy_~

~-~~

bullbull bullbull ~ bullbull bullbull bullbull= - l Ol20 ~ D1 [)I1IXamp _

111lllll1O 11Ollllili ~ -~ -

~ 1$1 -- ~ ~-

2lt W - rWlro til1 TampI s

_~

I~ _ ~ ZSO~13relt 21U8325DlgUO gt5~O IG lJ231ae 390428)1 lIJ I3 m~l08

920 -~ ]100) _113 Zl(lllll~-

ll~ SI2 T3 1J2 M~ -- - m ~ 511~

_ I RIiloo _133lt0 romiddot ~ 611811ll 1138lt20- I 11 oIol ~M- - _m

IIIlt shy-- l1t12I571 2400II l1t 1 51~ - ~ crbullbull 163mllRi m ~IO3ll -l2alte2to l2TnO510 1IJg6l5111 11Il22OW IU lIOlIOlI T83 mJl(lll

-~

18

-~-----------------------------

---------

Sehtdults Forming Partof Ba-- Shell

see INVENTORIES As -en-ee lyNuCl

shy--shy~r omooos _bull Clro- Sa eo CcocI Orooer Sa C llcUIIW

lMs PIIl_kw~c

CASK 8AHK BampLampCES c1It-_amp__ bull

cr~Sd

ocat b a- ( (00 _ 0-_1

LOMS ADVANCESbull shy~

1vJ ~_etl 0

II_Clfb_tlt_ AMrakwf = _b - FB7 (fY2IlllI-lI9l _ FS T -Y2llraquo- tI e-PLl

1Iwll ow F- ~ lane F- PClI _ Tax AI ~ InpIlIVlTIW bull

s CURRENT LIA8lLIT1ES PIlOVSlONS ACURRENT w8IUTIES0- _

bull SSJ lnt

-- shy- SeoIII) 0tpaM Reo 4 o8Cl

rMra F o-n- ~ IPl sad PaIl ~

bull~ FOR TAXAT10H FmlIlIInIM Tax

ts

IIIwcb 31 2m0 -

6111$ $ 681 fjl

U 1U5S 1991 53

119904163 ~n9~16

1l1527

2 ~ -

UOgt -

17 bull lgtS ~11

om SlD5 211503 ~ ~ ~

-

8718610

lt10901 S790 151 -wm

310(0) uo48ns_

( J MardI31 2Illll

shy21i21l6ll j$~1

~lSI

1( I1SOOJl2Z

11713 ~ 1795 11

12lsWshy

lW111

_137f

6913201i

2JOgt rea

1Ui

l12n1M

63522501

3100XI

11576)33

ro 70bull00

- -

--

- -

- - - -

SltheClIles f ormingPart d Profit amp LO$S Aceounl

10 SALES

-~- -- 11 OTHERItCQME11-[ melt

12 flaquolN OPERATING INCOItE LatIy lnt1en Ilad

13 RAW MATERIALS ~ Slcd01 Raw ~ Add PudiBse Duling he year

less ~ Stock IIntten 01

__ less ClJsrlg SOdl

15 UTIUTIS - POorCf amp fue l

FltnI8OOOiI shy_=00=4 of ~ 16 PEIlSCNtlEl EXPENSES

Salary Wa1eSEltgtlus ampExQlIJl wgtltl~

Co ConlrbJliorllll P ilIId E S I F fICmIrOW_~poundlC

Stl ffTffin~

LtWm 8 liwiIs

17 Olli ER EXPlNSES AlOIo FlernJnn1lO1 B3ltkCh Books amp Pto odicaigt ConsJlanc S service CtIatgts eooooo Diltectgtf Sitmg Fee Oonaion amp SltIbwEnt9llJirlrroerj bpelMl$

-- V endIltI ~ 1 200IIM~ J1 2010 h

- 2(6557 l4t64

lJl17li 457449 172899 _ - ciJ8S

420amp82

420amp82

~62U68 1441323 96691 l294m

2111359 21421 00 162n

2050~ 2742100 501554 2621168

_1~9 ~ 120132

194905 sbee 407285 ~

Zn1 1~ 412351

2320 ~J 751578 24367 17lt581

15379 ~

264745C 1guraquolIshy

OI0tTO S4lll292 370512 35096

17412 19J11 ~ 911 138 574902

6928ampamp5 - amp471gt12

1890~ -zsesm a 18793 4308amp5 29864 207818 152574

~40000 ~ ~

55189 ~

-_---------------------

--$lttdules Fonning Pillof Profit amp losl kwunl -

FIQlIy Fcnrc ~ RligisIi 01- shy shyPlIge amp_Ii Prning amp S -_ Wi _ t XD - shy

VIhdI a -

UidbullbullJ- 5aLJrtG amp PRODUCT DEVaOPllOO

Elwo_ 11_ C

e shy- shy CgtWltGES CIlCllfl CrdNc

middot~(IITOS bull CIlE$lDl-

shybullllII

ITE-s MllTTal on DURING THE tElR ~OIlIIe _ncIl11ngi1r___

21 AOAJSTlIENT llfLlnfG TO PREVIOUS lElRS ~~ToPt

---

IIIrdI 11 2lttO

293~ aeses 2013

3 67 37 37193

31 lOl

~

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V

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~

-- IampIrcII 31 20Ili

shy321581 271850

92 312102115875

~ 500 ease ~ mno10 ~ 3lrn

OW

eo ~

m me

nM

21

n IIOTU 0 ACCOtIITS Slttw- tlmnI prI die ilalfte srt1Il Istllllrchola nl PIlIIII amp 1JIIs-aul trn _ -1IlliIlI31YIrct2C 11

t Sifi_Ac bull shyt _1 8o$lS CFACCtIUN7JrIG Tht~ e p wl-MI_UlcstOll__l Ol atCIAIba5lSd~

C_ lIOltUSgqIUI)lfICl- i1b1el1l~ c__11IO

oonplyOllfltlt~~ ~ eolAaNIfSWdilnl) ~ 2lD6 puSUiRlc5ecbI211 (3C)1te eooesAcL 19561 lto6lmiI) Gle~ ~ ll _ (_ CAAPI ~andft~ pvmIOOS DIN r~-1956 Tht~ pJlIQeIl iQCQIlSISIonampyamplplledbyN~

12 USE Oa STIliAn The_n_of~~~OIIhGAN~~ lDmakelSllnllllC ~ fllIlllKttlt r8pI)1ed-td _aod- ltIIodocltre 01 ~ngenlliltlillIes

bullbullbull_dbgt ~ tol -l had pjoesrilrng IIMI ~ penxl ~~ 1IIilinaIIls b8sed l(lOII iitSmiddot be kloItIatunwl ~CIlUOJ

3 RXal USETS fI F_-iIl~ oxa oleUeoabIfII1oa 1C05IIICUlli5 IIIGUei llclir-wh tJitS-mcubullbull__

Ib)Tho~_rJbed _d__QnMj [ ~

laquob)i u lEPRfQA1JC

00 bull d -1_cnoodIl CIIIIriiIgb me ~ lillle-~ Slt1leOjo JNrJ ~AaI956 bullbullbull_

~ e-LCIII_~~ding 1efW _iii dlldl e-ertSaly~oo__ bull bull Ii middotded~r~4~_d_

15 MPARlllEtITF ~taehilllalCli SIlIlIll_iDl __ Ii CIIe__~

rldicIIt rt ifllleao_ ~ 01 bad _ lt1Plomgtooed N pa_ lCJsI le1 _toe lltT)lIlll_fII oIl1e ~ lib11 tJIJIIJ Cash GEsIili lN (CGU~Of ollelexceeds_1JIfiUt Tho__ Ii hi QIMkI d1lgte_net ~1IOIiI$_In~vaIle ~ hees~matad lltlft cosl lbw mUle use ollne aiiSs diIcounled 0 Ilelr Pfesenl_ 011 WIlltl_ M ompAtTIIMlllCJsl is~ j tt- _ --linllertlCOYlfalll onanlrld sunlrlss_OOIorgor_OfModicgtaw ~ Ioa l JlMnIIlterMa ~ tI N carrp1J -01- _ Mlil1 case d CGU

7 I Jok CIII~~

11 MfIlTORIES (___~ t_ ~ -cIII~d

~roolSldlel I ~-_aI _1ot-IIIDdQn5

~___~COIlf~plOdocII_oelDI n DbeJddampl7ampblgtIealll ColIiMlill- shy(bl- __- __~hsIoecgDCII2I --=lIl_dalilnnll

II ColI d a- ltIiel IItnIr _ pencil 01 _

~CllljO _

11 ~ a OGCOSTS amp0 g_hl~tI t Of~olhec __ iIo-t ~aolglgtltdgt_ _oWIOcoAI_dWgoltltJ~_

22

18 REVENUE RECOGNITlON ~ tom the$3Ie ~ goods(rouong TrllIi prodJctloo1 Ilottlesl IS ~ t4XJI passage 01 titleIe the cuslomen wtgtidl ~ _ Iheir ltIeliver) ~~ -y cui 01 gtltu ltifIe cIiimr 8lc altcOunlted rasand hey ~ fnaIydetlt1rmonod

19 PROVISIONSCOtITINGEl UABlUTIESAHDCOIffiNGENT ASSETS lalA pllOISIOn IS reoogrrised when theCUI1pal) tlas bull n-Jl otIIIgaoon as ~ 01 __ -l ~ ~ an CkIlkgtw 01 resource Of t ~ 10 $OllIe the ottgatiltJn in respect 01 wIldI ~ ~ _ be_ ProyenIIions are not diiowlId l)~ ~ ond a ~ -d (WI be5l OSlimate ~tl_ the abIigaIJooat he -e__ These _ atNd baJIIoce sIleel

d e -l~lO fllIoa lhe~~l~te

(h) Cootingenl labfllies ~ byY offICIIe5 IC (0) ConlingenlAwlz~ Y_egtlaquoepl lor lho purposed _ellol-

110 lEASE Sne 1(1_ has beenlICqIOrOO to-PCl ~~ l)pe 01wiI be deIenTwgted WI

~ 111 ACCOUNTlNGFORTAXESONINCOME

In-01 lilt lossb tie year ltJ1der revi Taxeson CuretC anIDeleltted Income have notansen

112 SEGMENTmiddotWlSE REPORTING The~eXltiJsiwe~ 1$ maruaeturinJ yenIll lI 0I V Fblsnl such in theopinocgtl Qfie Ibr1agemenl ttIil is lhlI (IIy lepo ~~ ampe9fIIlOl per AcclInng SllnIiard 17 on SegnetC Repor1lnt =oed by n - 01 Owtered AaxgtuntlolS or lnclol There 15 no ~ GeograpIwal segmenleithelt

111 EMPLOYEE BENEFITS (I) llelnod COOIlIbtlJon 10 prQIIidertfind ard empIo _ 0SlGII00 arediared Ie~ amp loss 1lCttUll 01 fill _ GleQlIIIrtbulions lOthe~ bIClS n 0JIlThere ate roo 0IheI 00lig81i0nI Ie Ihe eo IJIt I oe-er lIaI1 clJGb6Dn payable to therespecIMI-uy illIIIltntJes (b)Mninul1 _ or bonusasrgtcgotiated fmm n 10_ os lIo1W oCCOIJlted arc pood ClIIIl basis 0$1 -dQlllSlSlfrqt (0) No _ llInIIfit5lCthe~

Id) A molteltolco_ y_llerooIIin lhebmaigraUlyisllilllltraquo_ ed oncashbBSltl

1 _1~ POLICY ON EARNING PER SIWlf (alBMcNrnig persharelliltAlQ ~b)~lhetgtet~OIlossallet end rtude POSlIPeeclolany ~ ilem lor the peroltl IlItWtIlo Il~~ by lheweoghled ~_deqlJty shlIe wtsIMding dtgting ~ pergt)I1 ThegNed _ 01 equity share$ 0JISll0 tUroll tle PriOd In-fore_ fgtCiUdirIg a txnIs iDoJ tIatUI eleltnenI 3 right issue spill d __ or reverse tPl (1elXlISOIidaIiDn or_os) lito made dunng lteV-- (bl Forlto purpose or llIkulatJIJ ltlIuIod rmroJ per shire Ile Il8I prolil d ltJfl penod_ eqJfy 51eIclldelt n tie ~UltJef ofesQJDldo ltkngtg1MperiodInedforleellecls d II dilutive poIenIIIl d laquoJI- shy

115 PROVl$ION FOR TAXATIOti 13) Tax pense for1M)83 ~CUfeot ill ampdefMed isi1cloled Ie fIIt pltolit (lossl fortrleyeor (b)A~ IImadefortheCUTefIllagtbMlOlillIiltlOity(ltJmpU1ed 01 aoordancIe _ RlevariIlagt raIeSand ill A Pfl5lCl IS made fol cleIemclllDl for1rr9 ltttrerenltel rIsing and liCOJUOlg _ alarreotty Ofsubsl8I1Mjyenaded (e) ~ Igt-Is are ognised 0fIi) ~ _ is certainly 1l1111lhey wiI be INiZe6I1ld 1IOewedfollle~mm sheeld8led1letrIlspectivecarryolg_lIl11dlballiltllte

116 FOREIGNCURRENCYTllANSACTlON ~ applicableFltnql orn=nq lrrIsaGtiolls are accounleltl for at f1e elltolrlge rale prevaiing at the blttnsaction dilte Yearand mnetary assets and liahiitiesItIIoreignournrq are Ir3n$Iated allIle appHcaOie year end e chaoge ~andlIle ~ dilIeo elt ICe is eoognrsed $gaOl oo lorhe ytII

2 In tleopihJndlgtt~ Iho maM3llIe_ dlllaS$8l$[ eilherheentire~amp~ ling Ie 1rftVerwus Fbl ~~ tle0fIi) CGU cI ~ or Ile _ I tlNll l1Ier fIan tIo$e Ii respeclMCltlII)iniimlUllalLId1 assets no ~_IIason trgte Balance Sleel ltllte

lal Bank ~ fa 01 W8$l Be1l1 s_ ElltctncgtIy DioIiboIiltM ~ lid m

(h~ Claim agaiosIheComooy 0l0l ~ 3171849

(c)Oarn01 cerw ExCse CIuty InIer ApplrIl kI Trtlur8I no818

4 Asrc IleIeSlllls beenchargedOf1Ioler-Corpoltole~ he_lias flO beeoleswnatednj ~ n shys Partl OOIlfJrnlaliolt in respect 01 outslar1di~ balances JIr SuIlay DetbI Sltnlry Cltedl1DlS Lwns M~bo-on - inlrl OIIII$Idenolio1lh__

6 The Contrtd _ MI$ e- 81goroeemg 1M COo~adtA IISPObIe for Renovatlon wonlt at Fadlr was teminated dlIlI to pocI and sub-llarolard~ 01 wo1lt and maleliaIs At prtSeI1I hmalilt isurderfillg3lion

7 On iilllleial- ~lSioId CllIlridol~ djotlbyWs FreseruKab Pvt ttd (Fresenlus)1Iith eII8cI JrorIl ztSl Augull 2OOl5 fie -1t 01 ~ _ F-_ 1OImOa5e in cowetSion lthave Godown Iml Vat IDS tlfuMnl $aIIp by hit ~and~ of F-- has enuo oed UI~ cliIIe an no 8lUSImIIthas bftnmMI inherftIIIIld aaolIlIS thnfor

8 NJmaRECEVEOGAlNSTSALEOFPlANT ampMACH ~ E RY

At ~ tgty me Cornjgtony sctI--(dIi 000lt1 ~ -- amp FducalIon l id ~ JtImne _ oIRs 315 CtCQ edt ClIt ol Rs 612cnnsdUlWlg2009-10 iOJIinSl- 0111 Fluids 1Tl8I1~

maIonenes for wllCtlappmpriae resoIutioM -e passed tlf the- Companfs sharehllderson171tl ~ 201 0 Thoi Wesaid -m was ustd by he ~ IIMartlI ~~ 01 unseated kHI J-d from -conponieo

9 MIslment relathg to pr1lIioo ~ ear amounting to Rs 2157641middot ~ net 01 ~~ br Bank Gunnlee released by Bs1 ~ 10 R 7740121- party dsll bypro perod Alary Ib 37097shyrlIenlSl a-o dN)ood ~etarges etlt Rs 371 151middot01 N $arne year

10 MICROSWIILU tpoundDlllM ENTERPRIsES The COnpano hasflOl recewed Ifl IT 0 bull as IIqIJinld 10befledWIfIlhilllOllied ltlJlt(nIy UIMler 1le cro SrtalI JtId MecWn EnIefprioes ~M 200li c1a1Tlll19 tler S131S as00 31st March 2010 (and also 31st March 2(ll)9) rrntroSlIaIlard medlrnenlerprises~he_1Slicl payabIf klhlse dUIWIg_ l_~__l iS nl

11 The ~ III yet to fto -V adopI~ Standard 1S EmploY Benefits (lWes 20(5) issIed by ee 1nstilIJIl 01 ChaIltred AccoulItaols 0I1ndia ant deliilIed discIJslns reIaWli to Oefned Btnelil PIons couId FlO be fnidellollcrnonlS andRe9ortshy

12 RElAI ED PARTY DISClOS~RfS

DiscIoluesasreQUredJIaxulIilg Sagtd8Ill18aregoenbelow

LdofRm~~s

SenboEngneeMg Limited se KrojaI SenguptaErrOclln 81gi_oog Pvt lid -- shy8eeni I-IoIoifgs PIlI tid SnC S ChedMY

Dr Sll8IllaI 0lalCI1D0I1ySenboEnm ampPvt Lid SoFTarIp Kumr OVIkraOO1y Or Asilth Kumar Sengupta

-Trrnsactions with Related Parties duting 2009-201 0

Nature o u pses KeyManagementComj)lnics Personnel amp IWlati-u

(- lRs)

Expenses Ditedors Remuneralion Cullllllt ear ~ Nil

~ Nil

Dirnctorn SLtJIlg F Current lar- shy 40000 Previous at 2a COl Inoome

Electricity amp Diesel 71373

54358

Outstanding Balances onJ~ March 21)10

Unsecured teen CIIroIIt Year 1S4m245 Previous rilar 217343388

13 EAR~ I N GPER SHARE

Cumml Yn (Rs) Previous Year (Rs)

Net Profit I (Loss) after current and ~ tax Weghled Average

(33054243) 251 11011 1

Numtgter of Equity Shares 01 Ri 10eadlason 31()3-101 0 10647900 1O647OCXl

EamOngsPer Shale(BasicandDiluted) 14 FigUIeS to thepreltioos year tevebeen re-arranged and fe-9ouped ~ necessary

is Informatioo PlJfSllaI1l loNotllication UIIllerScheduleViofthe~rns Act1956 IAscertifiedbythelllartagement)

CIfIlInt Year

Oy INoofSoltMI 151 Annual Capacty _ PrOOLlClion

15 11 Used Capacrty 1aOOClOOO ~

1512 I rgt$~ Copltgtdty 18000000 ~

1513 TrialPrndLJClS of Irl1tlwenous FlJid _ MacIliroI upgradatlDr1

r p~~~ 157634 1178355

Saio oITrial FroducIs ol-shy 24244 206557

153 I -V FUds BottIos 191 18664

154 -shy IV FOIds Bottlogt 135309 990461

Pn0IS Year

INo_ oHloltles) IRs)

16000000 ~

18000000 ~

17878

~

1919 186amp4

-- --

CUrrtfltYtar shy- - (Moe-) -1 55 -- M5gt I PIWj G M M M M M M532 0_ lt0shy_~

GolI-ampO -- c_C_ -shy

1511 1572 sa-ls-o

-- -- -- -

- U - -- _ar shy_Cshy- - oW bull

~amp2 ---- M

bull bull bull_- -_ M

u uUm-- S bull bull

IS 5 12

0shy - a

1t11Pt a a-M

~

M- M

-

PCIY_- M M

M

1111 M

~~ 11

-

c

l

-

Informationpursuam to PartlYofSchemJItVIof the CompanilsAct 1956

B 1IceSl-fAbaraer_~~8U$-_

REGlSTRATlON DETAILS

~i No CJrI L 22 fTfTi( B I 9J r pT L o amp3Z 7a

llaIIAe Srleel DtIo l 3LlBpIl l amp11 oJ tl CAIIfAL RAISED DLRJ~G THE IEAIl (Arrioln Ra 000)

Pul iIlh I~ ~ Ilo1IIsaoi lonuI1saoe [l~N J t l PO$nOfII OF MllfIl 74TD1 AICl 0euroJlCmlEWT Of FUtClS AIoIIut Ik lDlI ___I bull~ f 5_1 kIII-- bull - -~ si shy

t1L ~ G 2aDi-l - shy- CIl frIJill ill-l412l1lJ ~oIFomds

lei Fuel A- [lj 41T[)l ojsJ ITDillJil Net ClmlIlt Assel5 [-r2T i~ 1_3ill j271T[SS]

N PERFORaLlHCE Of COlIIPAHY (Amwllll RsOOJ)

Tlnll1OII ITI2 -i L i lJIZ3 LL31middot~ r3Jl~~_

tJ3T( 1 57 a-LJ(Itl

GEHEltIC HAIlES OF 1fREf IRIHCIPll PROOUCTS

1 t _-FUds QV FUlls) CodIo No

2

3 NIL

ScheclJM 110 22 in siJed y Ihlllolowlg

~ RAJESH CMTUIlElllamp SSOOTES ~ I

bull 0-- di oIlW

SK_ DollId 2lIII1oIat_21110 -- ~IIIfl9r~ampe-~

CEOiCFO Certification

we 11- odbilljji led CU 8ijIlICbltt epacilieliISownn ampIotirIagrIg Dnaor (CEO) IFd Vice o-w (CfO) d soo~ lgtmed(ltgtoCornfrylOlMboltld ardbeIilIl oerIvtrlol-II) we live ~ ee lIIbltgtoamplinInciaI ~ noad wiIIlhe Cash FkM StaIIInWot d Senbo lnOlgtIneS Litnited

1orr-~3middotmiddotIlIntI2Cl0InlSllleNIl t81dart4 l _bIliIf (I Ibullbull de ngl ~ _ilIII Ibullbull or_ ~ lacI or_

lIOilSN1IblI tng _ ~1 __ 111_ I _-~-n_

~ iTa __

(tI) we _ lilbIsIdar if IId bIloII1lIIIlr1nIdOtlStrlIlllIICI tIle~ dUIrog

~_II1e~~arltAl bullbull ~lhe~eoaedCOtQcl

w lIodaN II illla~ d ed aJ onan 1Id C6 - Ked OQi lheCOdeolCcnltudilS~lPylN~_

(e) we UNr1ClllPC abIil beslilllIslqlnl l ODIlIroIIar 18Mll We heltdl ess d oornt sysIImS 01 CalgtanJ IIlilfnonl8 1ejO-- ~ tl tie 8IOIorI rdtlI AIdI COl_ I1olfio I(ies inle desIJl or oplIlllOi01such Itlma eortroII ~ any olwtJdwe arep3fllard stejlS takenorp-oposed 10 blIlallten b rlifov1g slICh oolioencie$

(d we_ tedanw_1MItlaIian tllha adnnllheALoltCo bull

(I Slfiji~~I onIefTaI~_~~ltUIlglher-

jiI Sy d8lJlI f ~-dellaWlg n lNllhe _ ~ lilNIrwlQiIl _

1 _Q$gl_f3UIl ~_=1- I Y gl bullbullbulleor ~I KlIenlhe~-~~-

M$Oillilllshy

c S Choudhuryvo-shy

~Iaqtion

~~tlIIulewr~Eta pnooad -09 (l l1ll(iildl-O_ 1le sma EAlw Ile eacle wbullbull SorirIr 1Mie Fwi lIIIIIlIoM oed eooue Code aJCcrWcl b III yelI endId 31$llllaodl

ForSoriIo hUres ~

shya- 1 bull V Dncb

28

-

-- - --

--

CA91FLOW $TJ1UlENT FOR THE YfJ~ BiDEDtiP IIAACM Z010 -- _shy1IIntltl 2f1

A calli FilM Inn e- gAdMliII5 - shyPdrllDaJrIaolt lD ~ l32ampl t 459 (251303971 ~bDocgt_ l$OnlIamp 134lZft9 ~PdlllJ bIbw IIoIIltlg ~CwlgII 16769 3S$) (1l JOl7I) (ro-~Wilrblil~ (Ottgtr tlan Cash-l CasI1 E~l 3amp521 301 (5510185) Cxh IO ~ fIvn 0parBli0ngt 221511006 116618564j Drreel T_PIId

l CnII FilM Opamng AlttiVitift 2215$il06 lU185641

II CUll Flow from Irwu~ng Acbrilies (248467) ~dr-lI8d~

nbiIg Fonogn etrq VinWI (29701199) ~farCl(lUl F~_

~ Net Call uMd ~ bullbull ~lI Adma

c e-Aoootr-f_ ~_ -edShn CCxlaI

PIgt --blsI tolt ugsReceJi_ d uo-nd u Oftrlb Slaw PrtIdoIl 01 pel ~

NatcII -cI in FNIICiol9 AcIvilieI l2107U43J NehlCi (cIao I lineal_ ~ ecuivaltnls1 8+lt1 (560~)

Oparong B-c orCallIand Cash EquiQIente 907371 eea CI~g BilInel of Cllh and Clsh Equivalanb W 907311

For ftOll_ dlho amp11

CS ClMufhury kIP ~ ob ow- cr amp~lrnIaIY

SIl II I I at Gewaf ~ amp~SfcreWy

bull AUDITORS CERT1ACATE

fila- roe _ QIIfl b e d sa8) MlUSTllIS LUTEDfarhe IlClt ended 31 wm 2010The 81_ beerl__ llr fl CcnopInJ awulIe row =eliIca 32li1il1lillAQl _ SIocIo ~_ _ _ __toBIIliIlaSIIIIMoI cnce CIIIfU-lrW1lIPJflb tliOld~

For gtASH CHATlfltD bull bull ssaxaTES ~laquogtIl ws

DeIeol- 28tl ~ 2010 PrtllU Ho~

29

~---------------~

BOOK POST

Senbo Industries Limited

Registered Office 87 l6fW1 Sarari KoIoaa 700013

Phone a33)2217 891516 Fax 033 2265 9485

Email senboindgmailcom Wilbsile wwwsenboindustriescom

Works KarbBla Sonarpur Station Road

KoIkata 700 103 Phone 033 2434 7339

Fax 033 2434 7341

Page 21: Sixteenth Annual Report 2009-10 - Bombay Stock ExchangeU8il. C8ncer R!sean::I'l lklil5 1il:l!l>tl1l 1lC. In8lldIlIor. lhe I!oItd_

---------

Sehtdults Forming Partof Ba-- Shell

see INVENTORIES As -en-ee lyNuCl

shy--shy~r omooos _bull Clro- Sa eo CcocI Orooer Sa C llcUIIW

lMs PIIl_kw~c

CASK 8AHK BampLampCES c1It-_amp__ bull

cr~Sd

ocat b a- ( (00 _ 0-_1

LOMS ADVANCESbull shy~

1vJ ~_etl 0

II_Clfb_tlt_ AMrakwf = _b - FB7 (fY2IlllI-lI9l _ FS T -Y2llraquo- tI e-PLl

1Iwll ow F- ~ lane F- PClI _ Tax AI ~ InpIlIVlTIW bull

s CURRENT LIA8lLIT1ES PIlOVSlONS ACURRENT w8IUTIES0- _

bull SSJ lnt

-- shy- SeoIII) 0tpaM Reo 4 o8Cl

rMra F o-n- ~ IPl sad PaIl ~

bull~ FOR TAXAT10H FmlIlIInIM Tax

ts

IIIwcb 31 2m0 -

6111$ $ 681 fjl

U 1U5S 1991 53

119904163 ~n9~16

1l1527

2 ~ -

UOgt -

17 bull lgtS ~11

om SlD5 211503 ~ ~ ~

-

8718610

lt10901 S790 151 -wm

310(0) uo48ns_

( J MardI31 2Illll

shy21i21l6ll j$~1

~lSI

1( I1SOOJl2Z

11713 ~ 1795 11

12lsWshy

lW111

_137f

6913201i

2JOgt rea

1Ui

l12n1M

63522501

3100XI

11576)33

ro 70bull00

- -

--

- -

- - - -

SltheClIles f ormingPart d Profit amp LO$S Aceounl

10 SALES

-~- -- 11 OTHERItCQME11-[ melt

12 flaquolN OPERATING INCOItE LatIy lnt1en Ilad

13 RAW MATERIALS ~ Slcd01 Raw ~ Add PudiBse Duling he year

less ~ Stock IIntten 01

__ less ClJsrlg SOdl

15 UTIUTIS - POorCf amp fue l

FltnI8OOOiI shy_=00=4 of ~ 16 PEIlSCNtlEl EXPENSES

Salary Wa1eSEltgtlus ampExQlIJl wgtltl~

Co ConlrbJliorllll P ilIId E S I F fICmIrOW_~poundlC

Stl ffTffin~

LtWm 8 liwiIs

17 Olli ER EXPlNSES AlOIo FlernJnn1lO1 B3ltkCh Books amp Pto odicaigt ConsJlanc S service CtIatgts eooooo Diltectgtf Sitmg Fee Oonaion amp SltIbwEnt9llJirlrroerj bpelMl$

-- V endIltI ~ 1 200IIM~ J1 2010 h

- 2(6557 l4t64

lJl17li 457449 172899 _ - ciJ8S

420amp82

420amp82

~62U68 1441323 96691 l294m

2111359 21421 00 162n

2050~ 2742100 501554 2621168

_1~9 ~ 120132

194905 sbee 407285 ~

Zn1 1~ 412351

2320 ~J 751578 24367 17lt581

15379 ~

264745C 1guraquolIshy

OI0tTO S4lll292 370512 35096

17412 19J11 ~ 911 138 574902

6928ampamp5 - amp471gt12

1890~ -zsesm a 18793 4308amp5 29864 207818 152574

~40000 ~ ~

55189 ~

-_---------------------

--$lttdules Fonning Pillof Profit amp losl kwunl -

FIQlIy Fcnrc ~ RligisIi 01- shy shyPlIge amp_Ii Prning amp S -_ Wi _ t XD - shy

VIhdI a -

UidbullbullJ- 5aLJrtG amp PRODUCT DEVaOPllOO

Elwo_ 11_ C

e shy- shy CgtWltGES CIlCllfl CrdNc

middot~(IITOS bull CIlE$lDl-

shybullllII

ITE-s MllTTal on DURING THE tElR ~OIlIIe _ncIl11ngi1r___

21 AOAJSTlIENT llfLlnfG TO PREVIOUS lElRS ~~ToPt

---

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293~ aeses 2013

3 67 37 37193

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21

n IIOTU 0 ACCOtIITS Slttw- tlmnI prI die ilalfte srt1Il Istllllrchola nl PIlIIII amp 1JIIs-aul trn _ -1IlliIlI31YIrct2C 11

t Sifi_Ac bull shyt _1 8o$lS CFACCtIUN7JrIG Tht~ e p wl-MI_UlcstOll__l Ol atCIAIba5lSd~

C_ lIOltUSgqIUI)lfICl- i1b1el1l~ c__11IO

oonplyOllfltlt~~ ~ eolAaNIfSWdilnl) ~ 2lD6 puSUiRlc5ecbI211 (3C)1te eooesAcL 19561 lto6lmiI) Gle~ ~ ll _ (_ CAAPI ~andft~ pvmIOOS DIN r~-1956 Tht~ pJlIQeIl iQCQIlSISIonampyamplplledbyN~

12 USE Oa STIliAn The_n_of~~~OIIhGAN~~ lDmakelSllnllllC ~ fllIlllKttlt r8pI)1ed-td _aod- ltIIodocltre 01 ~ngenlliltlillIes

bullbullbull_dbgt ~ tol -l had pjoesrilrng IIMI ~ penxl ~~ 1IIilinaIIls b8sed l(lOII iitSmiddot be kloItIatunwl ~CIlUOJ

3 RXal USETS fI F_-iIl~ oxa oleUeoabIfII1oa 1C05IIICUlli5 IIIGUei llclir-wh tJitS-mcubullbull__

Ib)Tho~_rJbed _d__QnMj [ ~

laquob)i u lEPRfQA1JC

00 bull d -1_cnoodIl CIIIIriiIgb me ~ lillle-~ Slt1leOjo JNrJ ~AaI956 bullbullbull_

~ e-LCIII_~~ding 1efW _iii dlldl e-ertSaly~oo__ bull bull Ii middotded~r~4~_d_

15 MPARlllEtITF ~taehilllalCli SIlIlIll_iDl __ Ii CIIe__~

rldicIIt rt ifllleao_ ~ 01 bad _ lt1Plomgtooed N pa_ lCJsI le1 _toe lltT)lIlll_fII oIl1e ~ lib11 tJIJIIJ Cash GEsIili lN (CGU~Of ollelexceeds_1JIfiUt Tho__ Ii hi QIMkI d1lgte_net ~1IOIiI$_In~vaIle ~ hees~matad lltlft cosl lbw mUle use ollne aiiSs diIcounled 0 Ilelr Pfesenl_ 011 WIlltl_ M ompAtTIIMlllCJsl is~ j tt- _ --linllertlCOYlfalll onanlrld sunlrlss_OOIorgor_OfModicgtaw ~ Ioa l JlMnIIlterMa ~ tI N carrp1J -01- _ Mlil1 case d CGU

7 I Jok CIII~~

11 MfIlTORIES (___~ t_ ~ -cIII~d

~roolSldlel I ~-_aI _1ot-IIIDdQn5

~___~COIlf~plOdocII_oelDI n DbeJddampl7ampblgtIealll ColIiMlill- shy(bl- __- __~hsIoecgDCII2I --=lIl_dalilnnll

II ColI d a- ltIiel IItnIr _ pencil 01 _

~CllljO _

11 ~ a OGCOSTS amp0 g_hl~tI t Of~olhec __ iIo-t ~aolglgtltdgt_ _oWIOcoAI_dWgoltltJ~_

22

18 REVENUE RECOGNITlON ~ tom the$3Ie ~ goods(rouong TrllIi prodJctloo1 Ilottlesl IS ~ t4XJI passage 01 titleIe the cuslomen wtgtidl ~ _ Iheir ltIeliver) ~~ -y cui 01 gtltu ltifIe cIiimr 8lc altcOunlted rasand hey ~ fnaIydetlt1rmonod

19 PROVISIONSCOtITINGEl UABlUTIESAHDCOIffiNGENT ASSETS lalA pllOISIOn IS reoogrrised when theCUI1pal) tlas bull n-Jl otIIIgaoon as ~ 01 __ -l ~ ~ an CkIlkgtw 01 resource Of t ~ 10 $OllIe the ottgatiltJn in respect 01 wIldI ~ ~ _ be_ ProyenIIions are not diiowlId l)~ ~ ond a ~ -d (WI be5l OSlimate ~tl_ the abIigaIJooat he -e__ These _ atNd baJIIoce sIleel

d e -l~lO fllIoa lhe~~l~te

(h) Cootingenl labfllies ~ byY offICIIe5 IC (0) ConlingenlAwlz~ Y_egtlaquoepl lor lho purposed _ellol-

110 lEASE Sne 1(1_ has beenlICqIOrOO to-PCl ~~ l)pe 01wiI be deIenTwgted WI

~ 111 ACCOUNTlNGFORTAXESONINCOME

In-01 lilt lossb tie year ltJ1der revi Taxeson CuretC anIDeleltted Income have notansen

112 SEGMENTmiddotWlSE REPORTING The~eXltiJsiwe~ 1$ maruaeturinJ yenIll lI 0I V Fblsnl such in theopinocgtl Qfie Ibr1agemenl ttIil is lhlI (IIy lepo ~~ ampe9fIIlOl per AcclInng SllnIiard 17 on SegnetC Repor1lnt =oed by n - 01 Owtered AaxgtuntlolS or lnclol There 15 no ~ GeograpIwal segmenleithelt

111 EMPLOYEE BENEFITS (I) llelnod COOIlIbtlJon 10 prQIIidertfind ard empIo _ 0SlGII00 arediared Ie~ amp loss 1lCttUll 01 fill _ GleQlIIIrtbulions lOthe~ bIClS n 0JIlThere ate roo 0IheI 00lig81i0nI Ie Ihe eo IJIt I oe-er lIaI1 clJGb6Dn payable to therespecIMI-uy illIIIltntJes (b)Mninul1 _ or bonusasrgtcgotiated fmm n 10_ os lIo1W oCCOIJlted arc pood ClIIIl basis 0$1 -dQlllSlSlfrqt (0) No _ llInIIfit5lCthe~

Id) A molteltolco_ y_llerooIIin lhebmaigraUlyisllilllltraquo_ ed oncashbBSltl

1 _1~ POLICY ON EARNING PER SIWlf (alBMcNrnig persharelliltAlQ ~b)~lhetgtet~OIlossallet end rtude POSlIPeeclolany ~ ilem lor the peroltl IlItWtIlo Il~~ by lheweoghled ~_deqlJty shlIe wtsIMding dtgting ~ pergt)I1 ThegNed _ 01 equity share$ 0JISll0 tUroll tle PriOd In-fore_ fgtCiUdirIg a txnIs iDoJ tIatUI eleltnenI 3 right issue spill d __ or reverse tPl (1elXlISOIidaIiDn or_os) lito made dunng lteV-- (bl Forlto purpose or llIkulatJIJ ltlIuIod rmroJ per shire Ile Il8I prolil d ltJfl penod_ eqJfy 51eIclldelt n tie ~UltJef ofesQJDldo ltkngtg1MperiodInedforleellecls d II dilutive poIenIIIl d laquoJI- shy

115 PROVl$ION FOR TAXATIOti 13) Tax pense for1M)83 ~CUfeot ill ampdefMed isi1cloled Ie fIIt pltolit (lossl fortrleyeor (b)A~ IImadefortheCUTefIllagtbMlOlillIiltlOity(ltJmpU1ed 01 aoordancIe _ RlevariIlagt raIeSand ill A Pfl5lCl IS made fol cleIemclllDl for1rr9 ltttrerenltel rIsing and liCOJUOlg _ alarreotty Ofsubsl8I1Mjyenaded (e) ~ Igt-Is are ognised 0fIi) ~ _ is certainly 1l1111lhey wiI be INiZe6I1ld 1IOewedfollle~mm sheeld8led1letrIlspectivecarryolg_lIl11dlballiltllte

116 FOREIGNCURRENCYTllANSACTlON ~ applicableFltnql orn=nq lrrIsaGtiolls are accounleltl for at f1e elltolrlge rale prevaiing at the blttnsaction dilte Yearand mnetary assets and liahiitiesItIIoreignournrq are Ir3n$Iated allIle appHcaOie year end e chaoge ~andlIle ~ dilIeo elt ICe is eoognrsed $gaOl oo lorhe ytII

2 In tleopihJndlgtt~ Iho maM3llIe_ dlllaS$8l$[ eilherheentire~amp~ ling Ie 1rftVerwus Fbl ~~ tle0fIi) CGU cI ~ or Ile _ I tlNll l1Ier fIan tIo$e Ii respeclMCltlII)iniimlUllalLId1 assets no ~_IIason trgte Balance Sleel ltllte

lal Bank ~ fa 01 W8$l Be1l1 s_ ElltctncgtIy DioIiboIiltM ~ lid m

(h~ Claim agaiosIheComooy 0l0l ~ 3171849

(c)Oarn01 cerw ExCse CIuty InIer ApplrIl kI Trtlur8I no818

4 Asrc IleIeSlllls beenchargedOf1Ioler-Corpoltole~ he_lias flO beeoleswnatednj ~ n shys Partl OOIlfJrnlaliolt in respect 01 outslar1di~ balances JIr SuIlay DetbI Sltnlry Cltedl1DlS Lwns M~bo-on - inlrl OIIII$Idenolio1lh__

6 The Contrtd _ MI$ e- 81goroeemg 1M COo~adtA IISPObIe for Renovatlon wonlt at Fadlr was teminated dlIlI to pocI and sub-llarolard~ 01 wo1lt and maleliaIs At prtSeI1I hmalilt isurderfillg3lion

7 On iilllleial- ~lSioId CllIlridol~ djotlbyWs FreseruKab Pvt ttd (Fresenlus)1Iith eII8cI JrorIl ztSl Augull 2OOl5 fie -1t 01 ~ _ F-_ 1OImOa5e in cowetSion lthave Godown Iml Vat IDS tlfuMnl $aIIp by hit ~and~ of F-- has enuo oed UI~ cliIIe an no 8lUSImIIthas bftnmMI inherftIIIIld aaolIlIS thnfor

8 NJmaRECEVEOGAlNSTSALEOFPlANT ampMACH ~ E RY

At ~ tgty me Cornjgtony sctI--(dIi 000lt1 ~ -- amp FducalIon l id ~ JtImne _ oIRs 315 CtCQ edt ClIt ol Rs 612cnnsdUlWlg2009-10 iOJIinSl- 0111 Fluids 1Tl8I1~

maIonenes for wllCtlappmpriae resoIutioM -e passed tlf the- Companfs sharehllderson171tl ~ 201 0 Thoi Wesaid -m was ustd by he ~ IIMartlI ~~ 01 unseated kHI J-d from -conponieo

9 MIslment relathg to pr1lIioo ~ ear amounting to Rs 2157641middot ~ net 01 ~~ br Bank Gunnlee released by Bs1 ~ 10 R 7740121- party dsll bypro perod Alary Ib 37097shyrlIenlSl a-o dN)ood ~etarges etlt Rs 371 151middot01 N $arne year

10 MICROSWIILU tpoundDlllM ENTERPRIsES The COnpano hasflOl recewed Ifl IT 0 bull as IIqIJinld 10befledWIfIlhilllOllied ltlJlt(nIy UIMler 1le cro SrtalI JtId MecWn EnIefprioes ~M 200li c1a1Tlll19 tler S131S as00 31st March 2010 (and also 31st March 2(ll)9) rrntroSlIaIlard medlrnenlerprises~he_1Slicl payabIf klhlse dUIWIg_ l_~__l iS nl

11 The ~ III yet to fto -V adopI~ Standard 1S EmploY Benefits (lWes 20(5) issIed by ee 1nstilIJIl 01 ChaIltred AccoulItaols 0I1ndia ant deliilIed discIJslns reIaWli to Oefned Btnelil PIons couId FlO be fnidellollcrnonlS andRe9ortshy

12 RElAI ED PARTY DISClOS~RfS

DiscIoluesasreQUredJIaxulIilg Sagtd8Ill18aregoenbelow

LdofRm~~s

SenboEngneeMg Limited se KrojaI SenguptaErrOclln 81gi_oog Pvt lid -- shy8eeni I-IoIoifgs PIlI tid SnC S ChedMY

Dr Sll8IllaI 0lalCI1D0I1ySenboEnm ampPvt Lid SoFTarIp Kumr OVIkraOO1y Or Asilth Kumar Sengupta

-Trrnsactions with Related Parties duting 2009-201 0

Nature o u pses KeyManagementComj)lnics Personnel amp IWlati-u

(- lRs)

Expenses Ditedors Remuneralion Cullllllt ear ~ Nil

~ Nil

Dirnctorn SLtJIlg F Current lar- shy 40000 Previous at 2a COl Inoome

Electricity amp Diesel 71373

54358

Outstanding Balances onJ~ March 21)10

Unsecured teen CIIroIIt Year 1S4m245 Previous rilar 217343388

13 EAR~ I N GPER SHARE

Cumml Yn (Rs) Previous Year (Rs)

Net Profit I (Loss) after current and ~ tax Weghled Average

(33054243) 251 11011 1

Numtgter of Equity Shares 01 Ri 10eadlason 31()3-101 0 10647900 1O647OCXl

EamOngsPer Shale(BasicandDiluted) 14 FigUIeS to thepreltioos year tevebeen re-arranged and fe-9ouped ~ necessary

is Informatioo PlJfSllaI1l loNotllication UIIllerScheduleViofthe~rns Act1956 IAscertifiedbythelllartagement)

CIfIlInt Year

Oy INoofSoltMI 151 Annual Capacty _ PrOOLlClion

15 11 Used Capacrty 1aOOClOOO ~

1512 I rgt$~ Copltgtdty 18000000 ~

1513 TrialPrndLJClS of Irl1tlwenous FlJid _ MacIliroI upgradatlDr1

r p~~~ 157634 1178355

Saio oITrial FroducIs ol-shy 24244 206557

153 I -V FUds BottIos 191 18664

154 -shy IV FOIds Bottlogt 135309 990461

Pn0IS Year

INo_ oHloltles) IRs)

16000000 ~

18000000 ~

17878

~

1919 186amp4

-- --

CUrrtfltYtar shy- - (Moe-) -1 55 -- M5gt I PIWj G M M M M M M532 0_ lt0shy_~

GolI-ampO -- c_C_ -shy

1511 1572 sa-ls-o

-- -- -- -

- U - -- _ar shy_Cshy- - oW bull

~amp2 ---- M

bull bull bull_- -_ M

u uUm-- S bull bull

IS 5 12

0shy - a

1t11Pt a a-M

~

M- M

-

PCIY_- M M

M

1111 M

~~ 11

-

c

l

-

Informationpursuam to PartlYofSchemJItVIof the CompanilsAct 1956

B 1IceSl-fAbaraer_~~8U$-_

REGlSTRATlON DETAILS

~i No CJrI L 22 fTfTi( B I 9J r pT L o amp3Z 7a

llaIIAe Srleel DtIo l 3LlBpIl l amp11 oJ tl CAIIfAL RAISED DLRJ~G THE IEAIl (Arrioln Ra 000)

Pul iIlh I~ ~ Ilo1IIsaoi lonuI1saoe [l~N J t l PO$nOfII OF MllfIl 74TD1 AICl 0euroJlCmlEWT Of FUtClS AIoIIut Ik lDlI ___I bull~ f 5_1 kIII-- bull - -~ si shy

t1L ~ G 2aDi-l - shy- CIl frIJill ill-l412l1lJ ~oIFomds

lei Fuel A- [lj 41T[)l ojsJ ITDillJil Net ClmlIlt Assel5 [-r2T i~ 1_3ill j271T[SS]

N PERFORaLlHCE Of COlIIPAHY (Amwllll RsOOJ)

Tlnll1OII ITI2 -i L i lJIZ3 LL31middot~ r3Jl~~_

tJ3T( 1 57 a-LJ(Itl

GEHEltIC HAIlES OF 1fREf IRIHCIPll PROOUCTS

1 t _-FUds QV FUlls) CodIo No

2

3 NIL

ScheclJM 110 22 in siJed y Ihlllolowlg

~ RAJESH CMTUIlElllamp SSOOTES ~ I

bull 0-- di oIlW

SK_ DollId 2lIII1oIat_21110 -- ~IIIfl9r~ampe-~

CEOiCFO Certification

we 11- odbilljji led CU 8ijIlICbltt epacilieliISownn ampIotirIagrIg Dnaor (CEO) IFd Vice o-w (CfO) d soo~ lgtmed(ltgtoCornfrylOlMboltld ardbeIilIl oerIvtrlol-II) we live ~ ee lIIbltgtoamplinInciaI ~ noad wiIIlhe Cash FkM StaIIInWot d Senbo lnOlgtIneS Litnited

1orr-~3middotmiddotIlIntI2Cl0InlSllleNIl t81dart4 l _bIliIf (I Ibullbull de ngl ~ _ilIII Ibullbull or_ ~ lacI or_

lIOilSN1IblI tng _ ~1 __ 111_ I _-~-n_

~ iTa __

(tI) we _ lilbIsIdar if IId bIloII1lIIIlr1nIdOtlStrlIlllIICI tIle~ dUIrog

~_II1e~~arltAl bullbull ~lhe~eoaedCOtQcl

w lIodaN II illla~ d ed aJ onan 1Id C6 - Ked OQi lheCOdeolCcnltudilS~lPylN~_

(e) we UNr1ClllPC abIil beslilllIslqlnl l ODIlIroIIar 18Mll We heltdl ess d oornt sysIImS 01 CalgtanJ IIlilfnonl8 1ejO-- ~ tl tie 8IOIorI rdtlI AIdI COl_ I1olfio I(ies inle desIJl or oplIlllOi01such Itlma eortroII ~ any olwtJdwe arep3fllard stejlS takenorp-oposed 10 blIlallten b rlifov1g slICh oolioencie$

(d we_ tedanw_1MItlaIian tllha adnnllheALoltCo bull

(I Slfiji~~I onIefTaI~_~~ltUIlglher-

jiI Sy d8lJlI f ~-dellaWlg n lNllhe _ ~ lilNIrwlQiIl _

1 _Q$gl_f3UIl ~_=1- I Y gl bullbullbulleor ~I KlIenlhe~-~~-

M$Oillilllshy

c S Choudhuryvo-shy

~Iaqtion

~~tlIIulewr~Eta pnooad -09 (l l1ll(iildl-O_ 1le sma EAlw Ile eacle wbullbull SorirIr 1Mie Fwi lIIIIIlIoM oed eooue Code aJCcrWcl b III yelI endId 31$llllaodl

ForSoriIo hUres ~

shya- 1 bull V Dncb

28

-

-- - --

--

CA91FLOW $TJ1UlENT FOR THE YfJ~ BiDEDtiP IIAACM Z010 -- _shy1IIntltl 2f1

A calli FilM Inn e- gAdMliII5 - shyPdrllDaJrIaolt lD ~ l32ampl t 459 (251303971 ~bDocgt_ l$OnlIamp 134lZft9 ~PdlllJ bIbw IIoIIltlg ~CwlgII 16769 3S$) (1l JOl7I) (ro-~Wilrblil~ (Ottgtr tlan Cash-l CasI1 E~l 3amp521 301 (5510185) Cxh IO ~ fIvn 0parBli0ngt 221511006 116618564j Drreel T_PIId

l CnII FilM Opamng AlttiVitift 2215$il06 lU185641

II CUll Flow from Irwu~ng Acbrilies (248467) ~dr-lI8d~

nbiIg Fonogn etrq VinWI (29701199) ~farCl(lUl F~_

~ Net Call uMd ~ bullbull ~lI Adma

c e-Aoootr-f_ ~_ -edShn CCxlaI

PIgt --blsI tolt ugsReceJi_ d uo-nd u Oftrlb Slaw PrtIdoIl 01 pel ~

NatcII -cI in FNIICiol9 AcIvilieI l2107U43J NehlCi (cIao I lineal_ ~ ecuivaltnls1 8+lt1 (560~)

Oparong B-c orCallIand Cash EquiQIente 907371 eea CI~g BilInel of Cllh and Clsh Equivalanb W 907311

For ftOll_ dlho amp11

CS ClMufhury kIP ~ ob ow- cr amp~lrnIaIY

SIl II I I at Gewaf ~ amp~SfcreWy

bull AUDITORS CERT1ACATE

fila- roe _ QIIfl b e d sa8) MlUSTllIS LUTEDfarhe IlClt ended 31 wm 2010The 81_ beerl__ llr fl CcnopInJ awulIe row =eliIca 32li1il1lillAQl _ SIocIo ~_ _ _ __toBIIliIlaSIIIIMoI cnce CIIIfU-lrW1lIPJflb tliOld~

For gtASH CHATlfltD bull bull ssaxaTES ~laquogtIl ws

DeIeol- 28tl ~ 2010 PrtllU Ho~

29

~---------------~

BOOK POST

Senbo Industries Limited

Registered Office 87 l6fW1 Sarari KoIoaa 700013

Phone a33)2217 891516 Fax 033 2265 9485

Email senboindgmailcom Wilbsile wwwsenboindustriescom

Works KarbBla Sonarpur Station Road

KoIkata 700 103 Phone 033 2434 7339

Fax 033 2434 7341

Page 22: Sixteenth Annual Report 2009-10 - Bombay Stock ExchangeU8il. C8ncer R!sean::I'l lklil5 1il:l!l>tl1l 1lC. In8lldIlIor. lhe I!oItd_

- -

--

- -

- - - -

SltheClIles f ormingPart d Profit amp LO$S Aceounl

10 SALES

-~- -- 11 OTHERItCQME11-[ melt

12 flaquolN OPERATING INCOItE LatIy lnt1en Ilad

13 RAW MATERIALS ~ Slcd01 Raw ~ Add PudiBse Duling he year

less ~ Stock IIntten 01

__ less ClJsrlg SOdl

15 UTIUTIS - POorCf amp fue l

FltnI8OOOiI shy_=00=4 of ~ 16 PEIlSCNtlEl EXPENSES

Salary Wa1eSEltgtlus ampExQlIJl wgtltl~

Co ConlrbJliorllll P ilIId E S I F fICmIrOW_~poundlC

Stl ffTffin~

LtWm 8 liwiIs

17 Olli ER EXPlNSES AlOIo FlernJnn1lO1 B3ltkCh Books amp Pto odicaigt ConsJlanc S service CtIatgts eooooo Diltectgtf Sitmg Fee Oonaion amp SltIbwEnt9llJirlrroerj bpelMl$

-- V endIltI ~ 1 200IIM~ J1 2010 h

- 2(6557 l4t64

lJl17li 457449 172899 _ - ciJ8S

420amp82

420amp82

~62U68 1441323 96691 l294m

2111359 21421 00 162n

2050~ 2742100 501554 2621168

_1~9 ~ 120132

194905 sbee 407285 ~

Zn1 1~ 412351

2320 ~J 751578 24367 17lt581

15379 ~

264745C 1guraquolIshy

OI0tTO S4lll292 370512 35096

17412 19J11 ~ 911 138 574902

6928ampamp5 - amp471gt12

1890~ -zsesm a 18793 4308amp5 29864 207818 152574

~40000 ~ ~

55189 ~

-_---------------------

--$lttdules Fonning Pillof Profit amp losl kwunl -

FIQlIy Fcnrc ~ RligisIi 01- shy shyPlIge amp_Ii Prning amp S -_ Wi _ t XD - shy

VIhdI a -

UidbullbullJ- 5aLJrtG amp PRODUCT DEVaOPllOO

Elwo_ 11_ C

e shy- shy CgtWltGES CIlCllfl CrdNc

middot~(IITOS bull CIlE$lDl-

shybullllII

ITE-s MllTTal on DURING THE tElR ~OIlIIe _ncIl11ngi1r___

21 AOAJSTlIENT llfLlnfG TO PREVIOUS lElRS ~~ToPt

---

IIIrdI 11 2lttO

293~ aeses 2013

3 67 37 37193

31 lOl

~

_~l-m

V

scs 2671

~

-- IampIrcII 31 20Ili

shy321581 271850

92 312102115875

~ 500 ease ~ mno10 ~ 3lrn

OW

eo ~

m me

nM

21

n IIOTU 0 ACCOtIITS Slttw- tlmnI prI die ilalfte srt1Il Istllllrchola nl PIlIIII amp 1JIIs-aul trn _ -1IlliIlI31YIrct2C 11

t Sifi_Ac bull shyt _1 8o$lS CFACCtIUN7JrIG Tht~ e p wl-MI_UlcstOll__l Ol atCIAIba5lSd~

C_ lIOltUSgqIUI)lfICl- i1b1el1l~ c__11IO

oonplyOllfltlt~~ ~ eolAaNIfSWdilnl) ~ 2lD6 puSUiRlc5ecbI211 (3C)1te eooesAcL 19561 lto6lmiI) Gle~ ~ ll _ (_ CAAPI ~andft~ pvmIOOS DIN r~-1956 Tht~ pJlIQeIl iQCQIlSISIonampyamplplledbyN~

12 USE Oa STIliAn The_n_of~~~OIIhGAN~~ lDmakelSllnllllC ~ fllIlllKttlt r8pI)1ed-td _aod- ltIIodocltre 01 ~ngenlliltlillIes

bullbullbull_dbgt ~ tol -l had pjoesrilrng IIMI ~ penxl ~~ 1IIilinaIIls b8sed l(lOII iitSmiddot be kloItIatunwl ~CIlUOJ

3 RXal USETS fI F_-iIl~ oxa oleUeoabIfII1oa 1C05IIICUlli5 IIIGUei llclir-wh tJitS-mcubullbull__

Ib)Tho~_rJbed _d__QnMj [ ~

laquob)i u lEPRfQA1JC

00 bull d -1_cnoodIl CIIIIriiIgb me ~ lillle-~ Slt1leOjo JNrJ ~AaI956 bullbullbull_

~ e-LCIII_~~ding 1efW _iii dlldl e-ertSaly~oo__ bull bull Ii middotded~r~4~_d_

15 MPARlllEtITF ~taehilllalCli SIlIlIll_iDl __ Ii CIIe__~

rldicIIt rt ifllleao_ ~ 01 bad _ lt1Plomgtooed N pa_ lCJsI le1 _toe lltT)lIlll_fII oIl1e ~ lib11 tJIJIIJ Cash GEsIili lN (CGU~Of ollelexceeds_1JIfiUt Tho__ Ii hi QIMkI d1lgte_net ~1IOIiI$_In~vaIle ~ hees~matad lltlft cosl lbw mUle use ollne aiiSs diIcounled 0 Ilelr Pfesenl_ 011 WIlltl_ M ompAtTIIMlllCJsl is~ j tt- _ --linllertlCOYlfalll onanlrld sunlrlss_OOIorgor_OfModicgtaw ~ Ioa l JlMnIIlterMa ~ tI N carrp1J -01- _ Mlil1 case d CGU

7 I Jok CIII~~

11 MfIlTORIES (___~ t_ ~ -cIII~d

~roolSldlel I ~-_aI _1ot-IIIDdQn5

~___~COIlf~plOdocII_oelDI n DbeJddampl7ampblgtIealll ColIiMlill- shy(bl- __- __~hsIoecgDCII2I --=lIl_dalilnnll

II ColI d a- ltIiel IItnIr _ pencil 01 _

~CllljO _

11 ~ a OGCOSTS amp0 g_hl~tI t Of~olhec __ iIo-t ~aolglgtltdgt_ _oWIOcoAI_dWgoltltJ~_

22

18 REVENUE RECOGNITlON ~ tom the$3Ie ~ goods(rouong TrllIi prodJctloo1 Ilottlesl IS ~ t4XJI passage 01 titleIe the cuslomen wtgtidl ~ _ Iheir ltIeliver) ~~ -y cui 01 gtltu ltifIe cIiimr 8lc altcOunlted rasand hey ~ fnaIydetlt1rmonod

19 PROVISIONSCOtITINGEl UABlUTIESAHDCOIffiNGENT ASSETS lalA pllOISIOn IS reoogrrised when theCUI1pal) tlas bull n-Jl otIIIgaoon as ~ 01 __ -l ~ ~ an CkIlkgtw 01 resource Of t ~ 10 $OllIe the ottgatiltJn in respect 01 wIldI ~ ~ _ be_ ProyenIIions are not diiowlId l)~ ~ ond a ~ -d (WI be5l OSlimate ~tl_ the abIigaIJooat he -e__ These _ atNd baJIIoce sIleel

d e -l~lO fllIoa lhe~~l~te

(h) Cootingenl labfllies ~ byY offICIIe5 IC (0) ConlingenlAwlz~ Y_egtlaquoepl lor lho purposed _ellol-

110 lEASE Sne 1(1_ has beenlICqIOrOO to-PCl ~~ l)pe 01wiI be deIenTwgted WI

~ 111 ACCOUNTlNGFORTAXESONINCOME

In-01 lilt lossb tie year ltJ1der revi Taxeson CuretC anIDeleltted Income have notansen

112 SEGMENTmiddotWlSE REPORTING The~eXltiJsiwe~ 1$ maruaeturinJ yenIll lI 0I V Fblsnl such in theopinocgtl Qfie Ibr1agemenl ttIil is lhlI (IIy lepo ~~ ampe9fIIlOl per AcclInng SllnIiard 17 on SegnetC Repor1lnt =oed by n - 01 Owtered AaxgtuntlolS or lnclol There 15 no ~ GeograpIwal segmenleithelt

111 EMPLOYEE BENEFITS (I) llelnod COOIlIbtlJon 10 prQIIidertfind ard empIo _ 0SlGII00 arediared Ie~ amp loss 1lCttUll 01 fill _ GleQlIIIrtbulions lOthe~ bIClS n 0JIlThere ate roo 0IheI 00lig81i0nI Ie Ihe eo IJIt I oe-er lIaI1 clJGb6Dn payable to therespecIMI-uy illIIIltntJes (b)Mninul1 _ or bonusasrgtcgotiated fmm n 10_ os lIo1W oCCOIJlted arc pood ClIIIl basis 0$1 -dQlllSlSlfrqt (0) No _ llInIIfit5lCthe~

Id) A molteltolco_ y_llerooIIin lhebmaigraUlyisllilllltraquo_ ed oncashbBSltl

1 _1~ POLICY ON EARNING PER SIWlf (alBMcNrnig persharelliltAlQ ~b)~lhetgtet~OIlossallet end rtude POSlIPeeclolany ~ ilem lor the peroltl IlItWtIlo Il~~ by lheweoghled ~_deqlJty shlIe wtsIMding dtgting ~ pergt)I1 ThegNed _ 01 equity share$ 0JISll0 tUroll tle PriOd In-fore_ fgtCiUdirIg a txnIs iDoJ tIatUI eleltnenI 3 right issue spill d __ or reverse tPl (1elXlISOIidaIiDn or_os) lito made dunng lteV-- (bl Forlto purpose or llIkulatJIJ ltlIuIod rmroJ per shire Ile Il8I prolil d ltJfl penod_ eqJfy 51eIclldelt n tie ~UltJef ofesQJDldo ltkngtg1MperiodInedforleellecls d II dilutive poIenIIIl d laquoJI- shy

115 PROVl$ION FOR TAXATIOti 13) Tax pense for1M)83 ~CUfeot ill ampdefMed isi1cloled Ie fIIt pltolit (lossl fortrleyeor (b)A~ IImadefortheCUTefIllagtbMlOlillIiltlOity(ltJmpU1ed 01 aoordancIe _ RlevariIlagt raIeSand ill A Pfl5lCl IS made fol cleIemclllDl for1rr9 ltttrerenltel rIsing and liCOJUOlg _ alarreotty Ofsubsl8I1Mjyenaded (e) ~ Igt-Is are ognised 0fIi) ~ _ is certainly 1l1111lhey wiI be INiZe6I1ld 1IOewedfollle~mm sheeld8led1letrIlspectivecarryolg_lIl11dlballiltllte

116 FOREIGNCURRENCYTllANSACTlON ~ applicableFltnql orn=nq lrrIsaGtiolls are accounleltl for at f1e elltolrlge rale prevaiing at the blttnsaction dilte Yearand mnetary assets and liahiitiesItIIoreignournrq are Ir3n$Iated allIle appHcaOie year end e chaoge ~andlIle ~ dilIeo elt ICe is eoognrsed $gaOl oo lorhe ytII

2 In tleopihJndlgtt~ Iho maM3llIe_ dlllaS$8l$[ eilherheentire~amp~ ling Ie 1rftVerwus Fbl ~~ tle0fIi) CGU cI ~ or Ile _ I tlNll l1Ier fIan tIo$e Ii respeclMCltlII)iniimlUllalLId1 assets no ~_IIason trgte Balance Sleel ltllte

lal Bank ~ fa 01 W8$l Be1l1 s_ ElltctncgtIy DioIiboIiltM ~ lid m

(h~ Claim agaiosIheComooy 0l0l ~ 3171849

(c)Oarn01 cerw ExCse CIuty InIer ApplrIl kI Trtlur8I no818

4 Asrc IleIeSlllls beenchargedOf1Ioler-Corpoltole~ he_lias flO beeoleswnatednj ~ n shys Partl OOIlfJrnlaliolt in respect 01 outslar1di~ balances JIr SuIlay DetbI Sltnlry Cltedl1DlS Lwns M~bo-on - inlrl OIIII$Idenolio1lh__

6 The Contrtd _ MI$ e- 81goroeemg 1M COo~adtA IISPObIe for Renovatlon wonlt at Fadlr was teminated dlIlI to pocI and sub-llarolard~ 01 wo1lt and maleliaIs At prtSeI1I hmalilt isurderfillg3lion

7 On iilllleial- ~lSioId CllIlridol~ djotlbyWs FreseruKab Pvt ttd (Fresenlus)1Iith eII8cI JrorIl ztSl Augull 2OOl5 fie -1t 01 ~ _ F-_ 1OImOa5e in cowetSion lthave Godown Iml Vat IDS tlfuMnl $aIIp by hit ~and~ of F-- has enuo oed UI~ cliIIe an no 8lUSImIIthas bftnmMI inherftIIIIld aaolIlIS thnfor

8 NJmaRECEVEOGAlNSTSALEOFPlANT ampMACH ~ E RY

At ~ tgty me Cornjgtony sctI--(dIi 000lt1 ~ -- amp FducalIon l id ~ JtImne _ oIRs 315 CtCQ edt ClIt ol Rs 612cnnsdUlWlg2009-10 iOJIinSl- 0111 Fluids 1Tl8I1~

maIonenes for wllCtlappmpriae resoIutioM -e passed tlf the- Companfs sharehllderson171tl ~ 201 0 Thoi Wesaid -m was ustd by he ~ IIMartlI ~~ 01 unseated kHI J-d from -conponieo

9 MIslment relathg to pr1lIioo ~ ear amounting to Rs 2157641middot ~ net 01 ~~ br Bank Gunnlee released by Bs1 ~ 10 R 7740121- party dsll bypro perod Alary Ib 37097shyrlIenlSl a-o dN)ood ~etarges etlt Rs 371 151middot01 N $arne year

10 MICROSWIILU tpoundDlllM ENTERPRIsES The COnpano hasflOl recewed Ifl IT 0 bull as IIqIJinld 10befledWIfIlhilllOllied ltlJlt(nIy UIMler 1le cro SrtalI JtId MecWn EnIefprioes ~M 200li c1a1Tlll19 tler S131S as00 31st March 2010 (and also 31st March 2(ll)9) rrntroSlIaIlard medlrnenlerprises~he_1Slicl payabIf klhlse dUIWIg_ l_~__l iS nl

11 The ~ III yet to fto -V adopI~ Standard 1S EmploY Benefits (lWes 20(5) issIed by ee 1nstilIJIl 01 ChaIltred AccoulItaols 0I1ndia ant deliilIed discIJslns reIaWli to Oefned Btnelil PIons couId FlO be fnidellollcrnonlS andRe9ortshy

12 RElAI ED PARTY DISClOS~RfS

DiscIoluesasreQUredJIaxulIilg Sagtd8Ill18aregoenbelow

LdofRm~~s

SenboEngneeMg Limited se KrojaI SenguptaErrOclln 81gi_oog Pvt lid -- shy8eeni I-IoIoifgs PIlI tid SnC S ChedMY

Dr Sll8IllaI 0lalCI1D0I1ySenboEnm ampPvt Lid SoFTarIp Kumr OVIkraOO1y Or Asilth Kumar Sengupta

-Trrnsactions with Related Parties duting 2009-201 0

Nature o u pses KeyManagementComj)lnics Personnel amp IWlati-u

(- lRs)

Expenses Ditedors Remuneralion Cullllllt ear ~ Nil

~ Nil

Dirnctorn SLtJIlg F Current lar- shy 40000 Previous at 2a COl Inoome

Electricity amp Diesel 71373

54358

Outstanding Balances onJ~ March 21)10

Unsecured teen CIIroIIt Year 1S4m245 Previous rilar 217343388

13 EAR~ I N GPER SHARE

Cumml Yn (Rs) Previous Year (Rs)

Net Profit I (Loss) after current and ~ tax Weghled Average

(33054243) 251 11011 1

Numtgter of Equity Shares 01 Ri 10eadlason 31()3-101 0 10647900 1O647OCXl

EamOngsPer Shale(BasicandDiluted) 14 FigUIeS to thepreltioos year tevebeen re-arranged and fe-9ouped ~ necessary

is Informatioo PlJfSllaI1l loNotllication UIIllerScheduleViofthe~rns Act1956 IAscertifiedbythelllartagement)

CIfIlInt Year

Oy INoofSoltMI 151 Annual Capacty _ PrOOLlClion

15 11 Used Capacrty 1aOOClOOO ~

1512 I rgt$~ Copltgtdty 18000000 ~

1513 TrialPrndLJClS of Irl1tlwenous FlJid _ MacIliroI upgradatlDr1

r p~~~ 157634 1178355

Saio oITrial FroducIs ol-shy 24244 206557

153 I -V FUds BottIos 191 18664

154 -shy IV FOIds Bottlogt 135309 990461

Pn0IS Year

INo_ oHloltles) IRs)

16000000 ~

18000000 ~

17878

~

1919 186amp4

-- --

CUrrtfltYtar shy- - (Moe-) -1 55 -- M5gt I PIWj G M M M M M M532 0_ lt0shy_~

GolI-ampO -- c_C_ -shy

1511 1572 sa-ls-o

-- -- -- -

- U - -- _ar shy_Cshy- - oW bull

~amp2 ---- M

bull bull bull_- -_ M

u uUm-- S bull bull

IS 5 12

0shy - a

1t11Pt a a-M

~

M- M

-

PCIY_- M M

M

1111 M

~~ 11

-

c

l

-

Informationpursuam to PartlYofSchemJItVIof the CompanilsAct 1956

B 1IceSl-fAbaraer_~~8U$-_

REGlSTRATlON DETAILS

~i No CJrI L 22 fTfTi( B I 9J r pT L o amp3Z 7a

llaIIAe Srleel DtIo l 3LlBpIl l amp11 oJ tl CAIIfAL RAISED DLRJ~G THE IEAIl (Arrioln Ra 000)

Pul iIlh I~ ~ Ilo1IIsaoi lonuI1saoe [l~N J t l PO$nOfII OF MllfIl 74TD1 AICl 0euroJlCmlEWT Of FUtClS AIoIIut Ik lDlI ___I bull~ f 5_1 kIII-- bull - -~ si shy

t1L ~ G 2aDi-l - shy- CIl frIJill ill-l412l1lJ ~oIFomds

lei Fuel A- [lj 41T[)l ojsJ ITDillJil Net ClmlIlt Assel5 [-r2T i~ 1_3ill j271T[SS]

N PERFORaLlHCE Of COlIIPAHY (Amwllll RsOOJ)

Tlnll1OII ITI2 -i L i lJIZ3 LL31middot~ r3Jl~~_

tJ3T( 1 57 a-LJ(Itl

GEHEltIC HAIlES OF 1fREf IRIHCIPll PROOUCTS

1 t _-FUds QV FUlls) CodIo No

2

3 NIL

ScheclJM 110 22 in siJed y Ihlllolowlg

~ RAJESH CMTUIlElllamp SSOOTES ~ I

bull 0-- di oIlW

SK_ DollId 2lIII1oIat_21110 -- ~IIIfl9r~ampe-~

CEOiCFO Certification

we 11- odbilljji led CU 8ijIlICbltt epacilieliISownn ampIotirIagrIg Dnaor (CEO) IFd Vice o-w (CfO) d soo~ lgtmed(ltgtoCornfrylOlMboltld ardbeIilIl oerIvtrlol-II) we live ~ ee lIIbltgtoamplinInciaI ~ noad wiIIlhe Cash FkM StaIIInWot d Senbo lnOlgtIneS Litnited

1orr-~3middotmiddotIlIntI2Cl0InlSllleNIl t81dart4 l _bIliIf (I Ibullbull de ngl ~ _ilIII Ibullbull or_ ~ lacI or_

lIOilSN1IblI tng _ ~1 __ 111_ I _-~-n_

~ iTa __

(tI) we _ lilbIsIdar if IId bIloII1lIIIlr1nIdOtlStrlIlllIICI tIle~ dUIrog

~_II1e~~arltAl bullbull ~lhe~eoaedCOtQcl

w lIodaN II illla~ d ed aJ onan 1Id C6 - Ked OQi lheCOdeolCcnltudilS~lPylN~_

(e) we UNr1ClllPC abIil beslilllIslqlnl l ODIlIroIIar 18Mll We heltdl ess d oornt sysIImS 01 CalgtanJ IIlilfnonl8 1ejO-- ~ tl tie 8IOIorI rdtlI AIdI COl_ I1olfio I(ies inle desIJl or oplIlllOi01such Itlma eortroII ~ any olwtJdwe arep3fllard stejlS takenorp-oposed 10 blIlallten b rlifov1g slICh oolioencie$

(d we_ tedanw_1MItlaIian tllha adnnllheALoltCo bull

(I Slfiji~~I onIefTaI~_~~ltUIlglher-

jiI Sy d8lJlI f ~-dellaWlg n lNllhe _ ~ lilNIrwlQiIl _

1 _Q$gl_f3UIl ~_=1- I Y gl bullbullbulleor ~I KlIenlhe~-~~-

M$Oillilllshy

c S Choudhuryvo-shy

~Iaqtion

~~tlIIulewr~Eta pnooad -09 (l l1ll(iildl-O_ 1le sma EAlw Ile eacle wbullbull SorirIr 1Mie Fwi lIIIIIlIoM oed eooue Code aJCcrWcl b III yelI endId 31$llllaodl

ForSoriIo hUres ~

shya- 1 bull V Dncb

28

-

-- - --

--

CA91FLOW $TJ1UlENT FOR THE YfJ~ BiDEDtiP IIAACM Z010 -- _shy1IIntltl 2f1

A calli FilM Inn e- gAdMliII5 - shyPdrllDaJrIaolt lD ~ l32ampl t 459 (251303971 ~bDocgt_ l$OnlIamp 134lZft9 ~PdlllJ bIbw IIoIIltlg ~CwlgII 16769 3S$) (1l JOl7I) (ro-~Wilrblil~ (Ottgtr tlan Cash-l CasI1 E~l 3amp521 301 (5510185) Cxh IO ~ fIvn 0parBli0ngt 221511006 116618564j Drreel T_PIId

l CnII FilM Opamng AlttiVitift 2215$il06 lU185641

II CUll Flow from Irwu~ng Acbrilies (248467) ~dr-lI8d~

nbiIg Fonogn etrq VinWI (29701199) ~farCl(lUl F~_

~ Net Call uMd ~ bullbull ~lI Adma

c e-Aoootr-f_ ~_ -edShn CCxlaI

PIgt --blsI tolt ugsReceJi_ d uo-nd u Oftrlb Slaw PrtIdoIl 01 pel ~

NatcII -cI in FNIICiol9 AcIvilieI l2107U43J NehlCi (cIao I lineal_ ~ ecuivaltnls1 8+lt1 (560~)

Oparong B-c orCallIand Cash EquiQIente 907371 eea CI~g BilInel of Cllh and Clsh Equivalanb W 907311

For ftOll_ dlho amp11

CS ClMufhury kIP ~ ob ow- cr amp~lrnIaIY

SIl II I I at Gewaf ~ amp~SfcreWy

bull AUDITORS CERT1ACATE

fila- roe _ QIIfl b e d sa8) MlUSTllIS LUTEDfarhe IlClt ended 31 wm 2010The 81_ beerl__ llr fl CcnopInJ awulIe row =eliIca 32li1il1lillAQl _ SIocIo ~_ _ _ __toBIIliIlaSIIIIMoI cnce CIIIfU-lrW1lIPJflb tliOld~

For gtASH CHATlfltD bull bull ssaxaTES ~laquogtIl ws

DeIeol- 28tl ~ 2010 PrtllU Ho~

29

~---------------~

BOOK POST

Senbo Industries Limited

Registered Office 87 l6fW1 Sarari KoIoaa 700013

Phone a33)2217 891516 Fax 033 2265 9485

Email senboindgmailcom Wilbsile wwwsenboindustriescom

Works KarbBla Sonarpur Station Road

KoIkata 700 103 Phone 033 2434 7339

Fax 033 2434 7341

Page 23: Sixteenth Annual Report 2009-10 - Bombay Stock ExchangeU8il. C8ncer R!sean::I'l lklil5 1il:l!l>tl1l 1lC. In8lldIlIor. lhe I!oItd_

--$lttdules Fonning Pillof Profit amp losl kwunl -

FIQlIy Fcnrc ~ RligisIi 01- shy shyPlIge amp_Ii Prning amp S -_ Wi _ t XD - shy

VIhdI a -

UidbullbullJ- 5aLJrtG amp PRODUCT DEVaOPllOO

Elwo_ 11_ C

e shy- shy CgtWltGES CIlCllfl CrdNc

middot~(IITOS bull CIlE$lDl-

shybullllII

ITE-s MllTTal on DURING THE tElR ~OIlIIe _ncIl11ngi1r___

21 AOAJSTlIENT llfLlnfG TO PREVIOUS lElRS ~~ToPt

---

IIIrdI 11 2lttO

293~ aeses 2013

3 67 37 37193

31 lOl

~

_~l-m

V

scs 2671

~

-- IampIrcII 31 20Ili

shy321581 271850

92 312102115875

~ 500 ease ~ mno10 ~ 3lrn

OW

eo ~

m me

nM

21

n IIOTU 0 ACCOtIITS Slttw- tlmnI prI die ilalfte srt1Il Istllllrchola nl PIlIIII amp 1JIIs-aul trn _ -1IlliIlI31YIrct2C 11

t Sifi_Ac bull shyt _1 8o$lS CFACCtIUN7JrIG Tht~ e p wl-MI_UlcstOll__l Ol atCIAIba5lSd~

C_ lIOltUSgqIUI)lfICl- i1b1el1l~ c__11IO

oonplyOllfltlt~~ ~ eolAaNIfSWdilnl) ~ 2lD6 puSUiRlc5ecbI211 (3C)1te eooesAcL 19561 lto6lmiI) Gle~ ~ ll _ (_ CAAPI ~andft~ pvmIOOS DIN r~-1956 Tht~ pJlIQeIl iQCQIlSISIonampyamplplledbyN~

12 USE Oa STIliAn The_n_of~~~OIIhGAN~~ lDmakelSllnllllC ~ fllIlllKttlt r8pI)1ed-td _aod- ltIIodocltre 01 ~ngenlliltlillIes

bullbullbull_dbgt ~ tol -l had pjoesrilrng IIMI ~ penxl ~~ 1IIilinaIIls b8sed l(lOII iitSmiddot be kloItIatunwl ~CIlUOJ

3 RXal USETS fI F_-iIl~ oxa oleUeoabIfII1oa 1C05IIICUlli5 IIIGUei llclir-wh tJitS-mcubullbull__

Ib)Tho~_rJbed _d__QnMj [ ~

laquob)i u lEPRfQA1JC

00 bull d -1_cnoodIl CIIIIriiIgb me ~ lillle-~ Slt1leOjo JNrJ ~AaI956 bullbullbull_

~ e-LCIII_~~ding 1efW _iii dlldl e-ertSaly~oo__ bull bull Ii middotded~r~4~_d_

15 MPARlllEtITF ~taehilllalCli SIlIlIll_iDl __ Ii CIIe__~

rldicIIt rt ifllleao_ ~ 01 bad _ lt1Plomgtooed N pa_ lCJsI le1 _toe lltT)lIlll_fII oIl1e ~ lib11 tJIJIIJ Cash GEsIili lN (CGU~Of ollelexceeds_1JIfiUt Tho__ Ii hi QIMkI d1lgte_net ~1IOIiI$_In~vaIle ~ hees~matad lltlft cosl lbw mUle use ollne aiiSs diIcounled 0 Ilelr Pfesenl_ 011 WIlltl_ M ompAtTIIMlllCJsl is~ j tt- _ --linllertlCOYlfalll onanlrld sunlrlss_OOIorgor_OfModicgtaw ~ Ioa l JlMnIIlterMa ~ tI N carrp1J -01- _ Mlil1 case d CGU

7 I Jok CIII~~

11 MfIlTORIES (___~ t_ ~ -cIII~d

~roolSldlel I ~-_aI _1ot-IIIDdQn5

~___~COIlf~plOdocII_oelDI n DbeJddampl7ampblgtIealll ColIiMlill- shy(bl- __- __~hsIoecgDCII2I --=lIl_dalilnnll

II ColI d a- ltIiel IItnIr _ pencil 01 _

~CllljO _

11 ~ a OGCOSTS amp0 g_hl~tI t Of~olhec __ iIo-t ~aolglgtltdgt_ _oWIOcoAI_dWgoltltJ~_

22

18 REVENUE RECOGNITlON ~ tom the$3Ie ~ goods(rouong TrllIi prodJctloo1 Ilottlesl IS ~ t4XJI passage 01 titleIe the cuslomen wtgtidl ~ _ Iheir ltIeliver) ~~ -y cui 01 gtltu ltifIe cIiimr 8lc altcOunlted rasand hey ~ fnaIydetlt1rmonod

19 PROVISIONSCOtITINGEl UABlUTIESAHDCOIffiNGENT ASSETS lalA pllOISIOn IS reoogrrised when theCUI1pal) tlas bull n-Jl otIIIgaoon as ~ 01 __ -l ~ ~ an CkIlkgtw 01 resource Of t ~ 10 $OllIe the ottgatiltJn in respect 01 wIldI ~ ~ _ be_ ProyenIIions are not diiowlId l)~ ~ ond a ~ -d (WI be5l OSlimate ~tl_ the abIigaIJooat he -e__ These _ atNd baJIIoce sIleel

d e -l~lO fllIoa lhe~~l~te

(h) Cootingenl labfllies ~ byY offICIIe5 IC (0) ConlingenlAwlz~ Y_egtlaquoepl lor lho purposed _ellol-

110 lEASE Sne 1(1_ has beenlICqIOrOO to-PCl ~~ l)pe 01wiI be deIenTwgted WI

~ 111 ACCOUNTlNGFORTAXESONINCOME

In-01 lilt lossb tie year ltJ1der revi Taxeson CuretC anIDeleltted Income have notansen

112 SEGMENTmiddotWlSE REPORTING The~eXltiJsiwe~ 1$ maruaeturinJ yenIll lI 0I V Fblsnl such in theopinocgtl Qfie Ibr1agemenl ttIil is lhlI (IIy lepo ~~ ampe9fIIlOl per AcclInng SllnIiard 17 on SegnetC Repor1lnt =oed by n - 01 Owtered AaxgtuntlolS or lnclol There 15 no ~ GeograpIwal segmenleithelt

111 EMPLOYEE BENEFITS (I) llelnod COOIlIbtlJon 10 prQIIidertfind ard empIo _ 0SlGII00 arediared Ie~ amp loss 1lCttUll 01 fill _ GleQlIIIrtbulions lOthe~ bIClS n 0JIlThere ate roo 0IheI 00lig81i0nI Ie Ihe eo IJIt I oe-er lIaI1 clJGb6Dn payable to therespecIMI-uy illIIIltntJes (b)Mninul1 _ or bonusasrgtcgotiated fmm n 10_ os lIo1W oCCOIJlted arc pood ClIIIl basis 0$1 -dQlllSlSlfrqt (0) No _ llInIIfit5lCthe~

Id) A molteltolco_ y_llerooIIin lhebmaigraUlyisllilllltraquo_ ed oncashbBSltl

1 _1~ POLICY ON EARNING PER SIWlf (alBMcNrnig persharelliltAlQ ~b)~lhetgtet~OIlossallet end rtude POSlIPeeclolany ~ ilem lor the peroltl IlItWtIlo Il~~ by lheweoghled ~_deqlJty shlIe wtsIMding dtgting ~ pergt)I1 ThegNed _ 01 equity share$ 0JISll0 tUroll tle PriOd In-fore_ fgtCiUdirIg a txnIs iDoJ tIatUI eleltnenI 3 right issue spill d __ or reverse tPl (1elXlISOIidaIiDn or_os) lito made dunng lteV-- (bl Forlto purpose or llIkulatJIJ ltlIuIod rmroJ per shire Ile Il8I prolil d ltJfl penod_ eqJfy 51eIclldelt n tie ~UltJef ofesQJDldo ltkngtg1MperiodInedforleellecls d II dilutive poIenIIIl d laquoJI- shy

115 PROVl$ION FOR TAXATIOti 13) Tax pense for1M)83 ~CUfeot ill ampdefMed isi1cloled Ie fIIt pltolit (lossl fortrleyeor (b)A~ IImadefortheCUTefIllagtbMlOlillIiltlOity(ltJmpU1ed 01 aoordancIe _ RlevariIlagt raIeSand ill A Pfl5lCl IS made fol cleIemclllDl for1rr9 ltttrerenltel rIsing and liCOJUOlg _ alarreotty Ofsubsl8I1Mjyenaded (e) ~ Igt-Is are ognised 0fIi) ~ _ is certainly 1l1111lhey wiI be INiZe6I1ld 1IOewedfollle~mm sheeld8led1letrIlspectivecarryolg_lIl11dlballiltllte

116 FOREIGNCURRENCYTllANSACTlON ~ applicableFltnql orn=nq lrrIsaGtiolls are accounleltl for at f1e elltolrlge rale prevaiing at the blttnsaction dilte Yearand mnetary assets and liahiitiesItIIoreignournrq are Ir3n$Iated allIle appHcaOie year end e chaoge ~andlIle ~ dilIeo elt ICe is eoognrsed $gaOl oo lorhe ytII

2 In tleopihJndlgtt~ Iho maM3llIe_ dlllaS$8l$[ eilherheentire~amp~ ling Ie 1rftVerwus Fbl ~~ tle0fIi) CGU cI ~ or Ile _ I tlNll l1Ier fIan tIo$e Ii respeclMCltlII)iniimlUllalLId1 assets no ~_IIason trgte Balance Sleel ltllte

lal Bank ~ fa 01 W8$l Be1l1 s_ ElltctncgtIy DioIiboIiltM ~ lid m

(h~ Claim agaiosIheComooy 0l0l ~ 3171849

(c)Oarn01 cerw ExCse CIuty InIer ApplrIl kI Trtlur8I no818

4 Asrc IleIeSlllls beenchargedOf1Ioler-Corpoltole~ he_lias flO beeoleswnatednj ~ n shys Partl OOIlfJrnlaliolt in respect 01 outslar1di~ balances JIr SuIlay DetbI Sltnlry Cltedl1DlS Lwns M~bo-on - inlrl OIIII$Idenolio1lh__

6 The Contrtd _ MI$ e- 81goroeemg 1M COo~adtA IISPObIe for Renovatlon wonlt at Fadlr was teminated dlIlI to pocI and sub-llarolard~ 01 wo1lt and maleliaIs At prtSeI1I hmalilt isurderfillg3lion

7 On iilllleial- ~lSioId CllIlridol~ djotlbyWs FreseruKab Pvt ttd (Fresenlus)1Iith eII8cI JrorIl ztSl Augull 2OOl5 fie -1t 01 ~ _ F-_ 1OImOa5e in cowetSion lthave Godown Iml Vat IDS tlfuMnl $aIIp by hit ~and~ of F-- has enuo oed UI~ cliIIe an no 8lUSImIIthas bftnmMI inherftIIIIld aaolIlIS thnfor

8 NJmaRECEVEOGAlNSTSALEOFPlANT ampMACH ~ E RY

At ~ tgty me Cornjgtony sctI--(dIi 000lt1 ~ -- amp FducalIon l id ~ JtImne _ oIRs 315 CtCQ edt ClIt ol Rs 612cnnsdUlWlg2009-10 iOJIinSl- 0111 Fluids 1Tl8I1~

maIonenes for wllCtlappmpriae resoIutioM -e passed tlf the- Companfs sharehllderson171tl ~ 201 0 Thoi Wesaid -m was ustd by he ~ IIMartlI ~~ 01 unseated kHI J-d from -conponieo

9 MIslment relathg to pr1lIioo ~ ear amounting to Rs 2157641middot ~ net 01 ~~ br Bank Gunnlee released by Bs1 ~ 10 R 7740121- party dsll bypro perod Alary Ib 37097shyrlIenlSl a-o dN)ood ~etarges etlt Rs 371 151middot01 N $arne year

10 MICROSWIILU tpoundDlllM ENTERPRIsES The COnpano hasflOl recewed Ifl IT 0 bull as IIqIJinld 10befledWIfIlhilllOllied ltlJlt(nIy UIMler 1le cro SrtalI JtId MecWn EnIefprioes ~M 200li c1a1Tlll19 tler S131S as00 31st March 2010 (and also 31st March 2(ll)9) rrntroSlIaIlard medlrnenlerprises~he_1Slicl payabIf klhlse dUIWIg_ l_~__l iS nl

11 The ~ III yet to fto -V adopI~ Standard 1S EmploY Benefits (lWes 20(5) issIed by ee 1nstilIJIl 01 ChaIltred AccoulItaols 0I1ndia ant deliilIed discIJslns reIaWli to Oefned Btnelil PIons couId FlO be fnidellollcrnonlS andRe9ortshy

12 RElAI ED PARTY DISClOS~RfS

DiscIoluesasreQUredJIaxulIilg Sagtd8Ill18aregoenbelow

LdofRm~~s

SenboEngneeMg Limited se KrojaI SenguptaErrOclln 81gi_oog Pvt lid -- shy8eeni I-IoIoifgs PIlI tid SnC S ChedMY

Dr Sll8IllaI 0lalCI1D0I1ySenboEnm ampPvt Lid SoFTarIp Kumr OVIkraOO1y Or Asilth Kumar Sengupta

-Trrnsactions with Related Parties duting 2009-201 0

Nature o u pses KeyManagementComj)lnics Personnel amp IWlati-u

(- lRs)

Expenses Ditedors Remuneralion Cullllllt ear ~ Nil

~ Nil

Dirnctorn SLtJIlg F Current lar- shy 40000 Previous at 2a COl Inoome

Electricity amp Diesel 71373

54358

Outstanding Balances onJ~ March 21)10

Unsecured teen CIIroIIt Year 1S4m245 Previous rilar 217343388

13 EAR~ I N GPER SHARE

Cumml Yn (Rs) Previous Year (Rs)

Net Profit I (Loss) after current and ~ tax Weghled Average

(33054243) 251 11011 1

Numtgter of Equity Shares 01 Ri 10eadlason 31()3-101 0 10647900 1O647OCXl

EamOngsPer Shale(BasicandDiluted) 14 FigUIeS to thepreltioos year tevebeen re-arranged and fe-9ouped ~ necessary

is Informatioo PlJfSllaI1l loNotllication UIIllerScheduleViofthe~rns Act1956 IAscertifiedbythelllartagement)

CIfIlInt Year

Oy INoofSoltMI 151 Annual Capacty _ PrOOLlClion

15 11 Used Capacrty 1aOOClOOO ~

1512 I rgt$~ Copltgtdty 18000000 ~

1513 TrialPrndLJClS of Irl1tlwenous FlJid _ MacIliroI upgradatlDr1

r p~~~ 157634 1178355

Saio oITrial FroducIs ol-shy 24244 206557

153 I -V FUds BottIos 191 18664

154 -shy IV FOIds Bottlogt 135309 990461

Pn0IS Year

INo_ oHloltles) IRs)

16000000 ~

18000000 ~

17878

~

1919 186amp4

-- --

CUrrtfltYtar shy- - (Moe-) -1 55 -- M5gt I PIWj G M M M M M M532 0_ lt0shy_~

GolI-ampO -- c_C_ -shy

1511 1572 sa-ls-o

-- -- -- -

- U - -- _ar shy_Cshy- - oW bull

~amp2 ---- M

bull bull bull_- -_ M

u uUm-- S bull bull

IS 5 12

0shy - a

1t11Pt a a-M

~

M- M

-

PCIY_- M M

M

1111 M

~~ 11

-

c

l

-

Informationpursuam to PartlYofSchemJItVIof the CompanilsAct 1956

B 1IceSl-fAbaraer_~~8U$-_

REGlSTRATlON DETAILS

~i No CJrI L 22 fTfTi( B I 9J r pT L o amp3Z 7a

llaIIAe Srleel DtIo l 3LlBpIl l amp11 oJ tl CAIIfAL RAISED DLRJ~G THE IEAIl (Arrioln Ra 000)

Pul iIlh I~ ~ Ilo1IIsaoi lonuI1saoe [l~N J t l PO$nOfII OF MllfIl 74TD1 AICl 0euroJlCmlEWT Of FUtClS AIoIIut Ik lDlI ___I bull~ f 5_1 kIII-- bull - -~ si shy

t1L ~ G 2aDi-l - shy- CIl frIJill ill-l412l1lJ ~oIFomds

lei Fuel A- [lj 41T[)l ojsJ ITDillJil Net ClmlIlt Assel5 [-r2T i~ 1_3ill j271T[SS]

N PERFORaLlHCE Of COlIIPAHY (Amwllll RsOOJ)

Tlnll1OII ITI2 -i L i lJIZ3 LL31middot~ r3Jl~~_

tJ3T( 1 57 a-LJ(Itl

GEHEltIC HAIlES OF 1fREf IRIHCIPll PROOUCTS

1 t _-FUds QV FUlls) CodIo No

2

3 NIL

ScheclJM 110 22 in siJed y Ihlllolowlg

~ RAJESH CMTUIlElllamp SSOOTES ~ I

bull 0-- di oIlW

SK_ DollId 2lIII1oIat_21110 -- ~IIIfl9r~ampe-~

CEOiCFO Certification

we 11- odbilljji led CU 8ijIlICbltt epacilieliISownn ampIotirIagrIg Dnaor (CEO) IFd Vice o-w (CfO) d soo~ lgtmed(ltgtoCornfrylOlMboltld ardbeIilIl oerIvtrlol-II) we live ~ ee lIIbltgtoamplinInciaI ~ noad wiIIlhe Cash FkM StaIIInWot d Senbo lnOlgtIneS Litnited

1orr-~3middotmiddotIlIntI2Cl0InlSllleNIl t81dart4 l _bIliIf (I Ibullbull de ngl ~ _ilIII Ibullbull or_ ~ lacI or_

lIOilSN1IblI tng _ ~1 __ 111_ I _-~-n_

~ iTa __

(tI) we _ lilbIsIdar if IId bIloII1lIIIlr1nIdOtlStrlIlllIICI tIle~ dUIrog

~_II1e~~arltAl bullbull ~lhe~eoaedCOtQcl

w lIodaN II illla~ d ed aJ onan 1Id C6 - Ked OQi lheCOdeolCcnltudilS~lPylN~_

(e) we UNr1ClllPC abIil beslilllIslqlnl l ODIlIroIIar 18Mll We heltdl ess d oornt sysIImS 01 CalgtanJ IIlilfnonl8 1ejO-- ~ tl tie 8IOIorI rdtlI AIdI COl_ I1olfio I(ies inle desIJl or oplIlllOi01such Itlma eortroII ~ any olwtJdwe arep3fllard stejlS takenorp-oposed 10 blIlallten b rlifov1g slICh oolioencie$

(d we_ tedanw_1MItlaIian tllha adnnllheALoltCo bull

(I Slfiji~~I onIefTaI~_~~ltUIlglher-

jiI Sy d8lJlI f ~-dellaWlg n lNllhe _ ~ lilNIrwlQiIl _

1 _Q$gl_f3UIl ~_=1- I Y gl bullbullbulleor ~I KlIenlhe~-~~-

M$Oillilllshy

c S Choudhuryvo-shy

~Iaqtion

~~tlIIulewr~Eta pnooad -09 (l l1ll(iildl-O_ 1le sma EAlw Ile eacle wbullbull SorirIr 1Mie Fwi lIIIIIlIoM oed eooue Code aJCcrWcl b III yelI endId 31$llllaodl

ForSoriIo hUres ~

shya- 1 bull V Dncb

28

-

-- - --

--

CA91FLOW $TJ1UlENT FOR THE YfJ~ BiDEDtiP IIAACM Z010 -- _shy1IIntltl 2f1

A calli FilM Inn e- gAdMliII5 - shyPdrllDaJrIaolt lD ~ l32ampl t 459 (251303971 ~bDocgt_ l$OnlIamp 134lZft9 ~PdlllJ bIbw IIoIIltlg ~CwlgII 16769 3S$) (1l JOl7I) (ro-~Wilrblil~ (Ottgtr tlan Cash-l CasI1 E~l 3amp521 301 (5510185) Cxh IO ~ fIvn 0parBli0ngt 221511006 116618564j Drreel T_PIId

l CnII FilM Opamng AlttiVitift 2215$il06 lU185641

II CUll Flow from Irwu~ng Acbrilies (248467) ~dr-lI8d~

nbiIg Fonogn etrq VinWI (29701199) ~farCl(lUl F~_

~ Net Call uMd ~ bullbull ~lI Adma

c e-Aoootr-f_ ~_ -edShn CCxlaI

PIgt --blsI tolt ugsReceJi_ d uo-nd u Oftrlb Slaw PrtIdoIl 01 pel ~

NatcII -cI in FNIICiol9 AcIvilieI l2107U43J NehlCi (cIao I lineal_ ~ ecuivaltnls1 8+lt1 (560~)

Oparong B-c orCallIand Cash EquiQIente 907371 eea CI~g BilInel of Cllh and Clsh Equivalanb W 907311

For ftOll_ dlho amp11

CS ClMufhury kIP ~ ob ow- cr amp~lrnIaIY

SIl II I I at Gewaf ~ amp~SfcreWy

bull AUDITORS CERT1ACATE

fila- roe _ QIIfl b e d sa8) MlUSTllIS LUTEDfarhe IlClt ended 31 wm 2010The 81_ beerl__ llr fl CcnopInJ awulIe row =eliIca 32li1il1lillAQl _ SIocIo ~_ _ _ __toBIIliIlaSIIIIMoI cnce CIIIfU-lrW1lIPJflb tliOld~

For gtASH CHATlfltD bull bull ssaxaTES ~laquogtIl ws

DeIeol- 28tl ~ 2010 PrtllU Ho~

29

~---------------~

BOOK POST

Senbo Industries Limited

Registered Office 87 l6fW1 Sarari KoIoaa 700013

Phone a33)2217 891516 Fax 033 2265 9485

Email senboindgmailcom Wilbsile wwwsenboindustriescom

Works KarbBla Sonarpur Station Road

KoIkata 700 103 Phone 033 2434 7339

Fax 033 2434 7341

Page 24: Sixteenth Annual Report 2009-10 - Bombay Stock ExchangeU8il. C8ncer R!sean::I'l lklil5 1il:l!l>tl1l 1lC. In8lldIlIor. lhe I!oItd_

n IIOTU 0 ACCOtIITS Slttw- tlmnI prI die ilalfte srt1Il Istllllrchola nl PIlIIII amp 1JIIs-aul trn _ -1IlliIlI31YIrct2C 11

t Sifi_Ac bull shyt _1 8o$lS CFACCtIUN7JrIG Tht~ e p wl-MI_UlcstOll__l Ol atCIAIba5lSd~

C_ lIOltUSgqIUI)lfICl- i1b1el1l~ c__11IO

oonplyOllfltlt~~ ~ eolAaNIfSWdilnl) ~ 2lD6 puSUiRlc5ecbI211 (3C)1te eooesAcL 19561 lto6lmiI) Gle~ ~ ll _ (_ CAAPI ~andft~ pvmIOOS DIN r~-1956 Tht~ pJlIQeIl iQCQIlSISIonampyamplplledbyN~

12 USE Oa STIliAn The_n_of~~~OIIhGAN~~ lDmakelSllnllllC ~ fllIlllKttlt r8pI)1ed-td _aod- ltIIodocltre 01 ~ngenlliltlillIes

bullbullbull_dbgt ~ tol -l had pjoesrilrng IIMI ~ penxl ~~ 1IIilinaIIls b8sed l(lOII iitSmiddot be kloItIatunwl ~CIlUOJ

3 RXal USETS fI F_-iIl~ oxa oleUeoabIfII1oa 1C05IIICUlli5 IIIGUei llclir-wh tJitS-mcubullbull__

Ib)Tho~_rJbed _d__QnMj [ ~

laquob)i u lEPRfQA1JC

00 bull d -1_cnoodIl CIIIIriiIgb me ~ lillle-~ Slt1leOjo JNrJ ~AaI956 bullbullbull_

~ e-LCIII_~~ding 1efW _iii dlldl e-ertSaly~oo__ bull bull Ii middotded~r~4~_d_

15 MPARlllEtITF ~taehilllalCli SIlIlIll_iDl __ Ii CIIe__~

rldicIIt rt ifllleao_ ~ 01 bad _ lt1Plomgtooed N pa_ lCJsI le1 _toe lltT)lIlll_fII oIl1e ~ lib11 tJIJIIJ Cash GEsIili lN (CGU~Of ollelexceeds_1JIfiUt Tho__ Ii hi QIMkI d1lgte_net ~1IOIiI$_In~vaIle ~ hees~matad lltlft cosl lbw mUle use ollne aiiSs diIcounled 0 Ilelr Pfesenl_ 011 WIlltl_ M ompAtTIIMlllCJsl is~ j tt- _ --linllertlCOYlfalll onanlrld sunlrlss_OOIorgor_OfModicgtaw ~ Ioa l JlMnIIlterMa ~ tI N carrp1J -01- _ Mlil1 case d CGU

7 I Jok CIII~~

11 MfIlTORIES (___~ t_ ~ -cIII~d

~roolSldlel I ~-_aI _1ot-IIIDdQn5

~___~COIlf~plOdocII_oelDI n DbeJddampl7ampblgtIealll ColIiMlill- shy(bl- __- __~hsIoecgDCII2I --=lIl_dalilnnll

II ColI d a- ltIiel IItnIr _ pencil 01 _

~CllljO _

11 ~ a OGCOSTS amp0 g_hl~tI t Of~olhec __ iIo-t ~aolglgtltdgt_ _oWIOcoAI_dWgoltltJ~_

22

18 REVENUE RECOGNITlON ~ tom the$3Ie ~ goods(rouong TrllIi prodJctloo1 Ilottlesl IS ~ t4XJI passage 01 titleIe the cuslomen wtgtidl ~ _ Iheir ltIeliver) ~~ -y cui 01 gtltu ltifIe cIiimr 8lc altcOunlted rasand hey ~ fnaIydetlt1rmonod

19 PROVISIONSCOtITINGEl UABlUTIESAHDCOIffiNGENT ASSETS lalA pllOISIOn IS reoogrrised when theCUI1pal) tlas bull n-Jl otIIIgaoon as ~ 01 __ -l ~ ~ an CkIlkgtw 01 resource Of t ~ 10 $OllIe the ottgatiltJn in respect 01 wIldI ~ ~ _ be_ ProyenIIions are not diiowlId l)~ ~ ond a ~ -d (WI be5l OSlimate ~tl_ the abIigaIJooat he -e__ These _ atNd baJIIoce sIleel

d e -l~lO fllIoa lhe~~l~te

(h) Cootingenl labfllies ~ byY offICIIe5 IC (0) ConlingenlAwlz~ Y_egtlaquoepl lor lho purposed _ellol-

110 lEASE Sne 1(1_ has beenlICqIOrOO to-PCl ~~ l)pe 01wiI be deIenTwgted WI

~ 111 ACCOUNTlNGFORTAXESONINCOME

In-01 lilt lossb tie year ltJ1der revi Taxeson CuretC anIDeleltted Income have notansen

112 SEGMENTmiddotWlSE REPORTING The~eXltiJsiwe~ 1$ maruaeturinJ yenIll lI 0I V Fblsnl such in theopinocgtl Qfie Ibr1agemenl ttIil is lhlI (IIy lepo ~~ ampe9fIIlOl per AcclInng SllnIiard 17 on SegnetC Repor1lnt =oed by n - 01 Owtered AaxgtuntlolS or lnclol There 15 no ~ GeograpIwal segmenleithelt

111 EMPLOYEE BENEFITS (I) llelnod COOIlIbtlJon 10 prQIIidertfind ard empIo _ 0SlGII00 arediared Ie~ amp loss 1lCttUll 01 fill _ GleQlIIIrtbulions lOthe~ bIClS n 0JIlThere ate roo 0IheI 00lig81i0nI Ie Ihe eo IJIt I oe-er lIaI1 clJGb6Dn payable to therespecIMI-uy illIIIltntJes (b)Mninul1 _ or bonusasrgtcgotiated fmm n 10_ os lIo1W oCCOIJlted arc pood ClIIIl basis 0$1 -dQlllSlSlfrqt (0) No _ llInIIfit5lCthe~

Id) A molteltolco_ y_llerooIIin lhebmaigraUlyisllilllltraquo_ ed oncashbBSltl

1 _1~ POLICY ON EARNING PER SIWlf (alBMcNrnig persharelliltAlQ ~b)~lhetgtet~OIlossallet end rtude POSlIPeeclolany ~ ilem lor the peroltl IlItWtIlo Il~~ by lheweoghled ~_deqlJty shlIe wtsIMding dtgting ~ pergt)I1 ThegNed _ 01 equity share$ 0JISll0 tUroll tle PriOd In-fore_ fgtCiUdirIg a txnIs iDoJ tIatUI eleltnenI 3 right issue spill d __ or reverse tPl (1elXlISOIidaIiDn or_os) lito made dunng lteV-- (bl Forlto purpose or llIkulatJIJ ltlIuIod rmroJ per shire Ile Il8I prolil d ltJfl penod_ eqJfy 51eIclldelt n tie ~UltJef ofesQJDldo ltkngtg1MperiodInedforleellecls d II dilutive poIenIIIl d laquoJI- shy

115 PROVl$ION FOR TAXATIOti 13) Tax pense for1M)83 ~CUfeot ill ampdefMed isi1cloled Ie fIIt pltolit (lossl fortrleyeor (b)A~ IImadefortheCUTefIllagtbMlOlillIiltlOity(ltJmpU1ed 01 aoordancIe _ RlevariIlagt raIeSand ill A Pfl5lCl IS made fol cleIemclllDl for1rr9 ltttrerenltel rIsing and liCOJUOlg _ alarreotty Ofsubsl8I1Mjyenaded (e) ~ Igt-Is are ognised 0fIi) ~ _ is certainly 1l1111lhey wiI be INiZe6I1ld 1IOewedfollle~mm sheeld8led1letrIlspectivecarryolg_lIl11dlballiltllte

116 FOREIGNCURRENCYTllANSACTlON ~ applicableFltnql orn=nq lrrIsaGtiolls are accounleltl for at f1e elltolrlge rale prevaiing at the blttnsaction dilte Yearand mnetary assets and liahiitiesItIIoreignournrq are Ir3n$Iated allIle appHcaOie year end e chaoge ~andlIle ~ dilIeo elt ICe is eoognrsed $gaOl oo lorhe ytII

2 In tleopihJndlgtt~ Iho maM3llIe_ dlllaS$8l$[ eilherheentire~amp~ ling Ie 1rftVerwus Fbl ~~ tle0fIi) CGU cI ~ or Ile _ I tlNll l1Ier fIan tIo$e Ii respeclMCltlII)iniimlUllalLId1 assets no ~_IIason trgte Balance Sleel ltllte

lal Bank ~ fa 01 W8$l Be1l1 s_ ElltctncgtIy DioIiboIiltM ~ lid m

(h~ Claim agaiosIheComooy 0l0l ~ 3171849

(c)Oarn01 cerw ExCse CIuty InIer ApplrIl kI Trtlur8I no818

4 Asrc IleIeSlllls beenchargedOf1Ioler-Corpoltole~ he_lias flO beeoleswnatednj ~ n shys Partl OOIlfJrnlaliolt in respect 01 outslar1di~ balances JIr SuIlay DetbI Sltnlry Cltedl1DlS Lwns M~bo-on - inlrl OIIII$Idenolio1lh__

6 The Contrtd _ MI$ e- 81goroeemg 1M COo~adtA IISPObIe for Renovatlon wonlt at Fadlr was teminated dlIlI to pocI and sub-llarolard~ 01 wo1lt and maleliaIs At prtSeI1I hmalilt isurderfillg3lion

7 On iilllleial- ~lSioId CllIlridol~ djotlbyWs FreseruKab Pvt ttd (Fresenlus)1Iith eII8cI JrorIl ztSl Augull 2OOl5 fie -1t 01 ~ _ F-_ 1OImOa5e in cowetSion lthave Godown Iml Vat IDS tlfuMnl $aIIp by hit ~and~ of F-- has enuo oed UI~ cliIIe an no 8lUSImIIthas bftnmMI inherftIIIIld aaolIlIS thnfor

8 NJmaRECEVEOGAlNSTSALEOFPlANT ampMACH ~ E RY

At ~ tgty me Cornjgtony sctI--(dIi 000lt1 ~ -- amp FducalIon l id ~ JtImne _ oIRs 315 CtCQ edt ClIt ol Rs 612cnnsdUlWlg2009-10 iOJIinSl- 0111 Fluids 1Tl8I1~

maIonenes for wllCtlappmpriae resoIutioM -e passed tlf the- Companfs sharehllderson171tl ~ 201 0 Thoi Wesaid -m was ustd by he ~ IIMartlI ~~ 01 unseated kHI J-d from -conponieo

9 MIslment relathg to pr1lIioo ~ ear amounting to Rs 2157641middot ~ net 01 ~~ br Bank Gunnlee released by Bs1 ~ 10 R 7740121- party dsll bypro perod Alary Ib 37097shyrlIenlSl a-o dN)ood ~etarges etlt Rs 371 151middot01 N $arne year

10 MICROSWIILU tpoundDlllM ENTERPRIsES The COnpano hasflOl recewed Ifl IT 0 bull as IIqIJinld 10befledWIfIlhilllOllied ltlJlt(nIy UIMler 1le cro SrtalI JtId MecWn EnIefprioes ~M 200li c1a1Tlll19 tler S131S as00 31st March 2010 (and also 31st March 2(ll)9) rrntroSlIaIlard medlrnenlerprises~he_1Slicl payabIf klhlse dUIWIg_ l_~__l iS nl

11 The ~ III yet to fto -V adopI~ Standard 1S EmploY Benefits (lWes 20(5) issIed by ee 1nstilIJIl 01 ChaIltred AccoulItaols 0I1ndia ant deliilIed discIJslns reIaWli to Oefned Btnelil PIons couId FlO be fnidellollcrnonlS andRe9ortshy

12 RElAI ED PARTY DISClOS~RfS

DiscIoluesasreQUredJIaxulIilg Sagtd8Ill18aregoenbelow

LdofRm~~s

SenboEngneeMg Limited se KrojaI SenguptaErrOclln 81gi_oog Pvt lid -- shy8eeni I-IoIoifgs PIlI tid SnC S ChedMY

Dr Sll8IllaI 0lalCI1D0I1ySenboEnm ampPvt Lid SoFTarIp Kumr OVIkraOO1y Or Asilth Kumar Sengupta

-Trrnsactions with Related Parties duting 2009-201 0

Nature o u pses KeyManagementComj)lnics Personnel amp IWlati-u

(- lRs)

Expenses Ditedors Remuneralion Cullllllt ear ~ Nil

~ Nil

Dirnctorn SLtJIlg F Current lar- shy 40000 Previous at 2a COl Inoome

Electricity amp Diesel 71373

54358

Outstanding Balances onJ~ March 21)10

Unsecured teen CIIroIIt Year 1S4m245 Previous rilar 217343388

13 EAR~ I N GPER SHARE

Cumml Yn (Rs) Previous Year (Rs)

Net Profit I (Loss) after current and ~ tax Weghled Average

(33054243) 251 11011 1

Numtgter of Equity Shares 01 Ri 10eadlason 31()3-101 0 10647900 1O647OCXl

EamOngsPer Shale(BasicandDiluted) 14 FigUIeS to thepreltioos year tevebeen re-arranged and fe-9ouped ~ necessary

is Informatioo PlJfSllaI1l loNotllication UIIllerScheduleViofthe~rns Act1956 IAscertifiedbythelllartagement)

CIfIlInt Year

Oy INoofSoltMI 151 Annual Capacty _ PrOOLlClion

15 11 Used Capacrty 1aOOClOOO ~

1512 I rgt$~ Copltgtdty 18000000 ~

1513 TrialPrndLJClS of Irl1tlwenous FlJid _ MacIliroI upgradatlDr1

r p~~~ 157634 1178355

Saio oITrial FroducIs ol-shy 24244 206557

153 I -V FUds BottIos 191 18664

154 -shy IV FOIds Bottlogt 135309 990461

Pn0IS Year

INo_ oHloltles) IRs)

16000000 ~

18000000 ~

17878

~

1919 186amp4

-- --

CUrrtfltYtar shy- - (Moe-) -1 55 -- M5gt I PIWj G M M M M M M532 0_ lt0shy_~

GolI-ampO -- c_C_ -shy

1511 1572 sa-ls-o

-- -- -- -

- U - -- _ar shy_Cshy- - oW bull

~amp2 ---- M

bull bull bull_- -_ M

u uUm-- S bull bull

IS 5 12

0shy - a

1t11Pt a a-M

~

M- M

-

PCIY_- M M

M

1111 M

~~ 11

-

c

l

-

Informationpursuam to PartlYofSchemJItVIof the CompanilsAct 1956

B 1IceSl-fAbaraer_~~8U$-_

REGlSTRATlON DETAILS

~i No CJrI L 22 fTfTi( B I 9J r pT L o amp3Z 7a

llaIIAe Srleel DtIo l 3LlBpIl l amp11 oJ tl CAIIfAL RAISED DLRJ~G THE IEAIl (Arrioln Ra 000)

Pul iIlh I~ ~ Ilo1IIsaoi lonuI1saoe [l~N J t l PO$nOfII OF MllfIl 74TD1 AICl 0euroJlCmlEWT Of FUtClS AIoIIut Ik lDlI ___I bull~ f 5_1 kIII-- bull - -~ si shy

t1L ~ G 2aDi-l - shy- CIl frIJill ill-l412l1lJ ~oIFomds

lei Fuel A- [lj 41T[)l ojsJ ITDillJil Net ClmlIlt Assel5 [-r2T i~ 1_3ill j271T[SS]

N PERFORaLlHCE Of COlIIPAHY (Amwllll RsOOJ)

Tlnll1OII ITI2 -i L i lJIZ3 LL31middot~ r3Jl~~_

tJ3T( 1 57 a-LJ(Itl

GEHEltIC HAIlES OF 1fREf IRIHCIPll PROOUCTS

1 t _-FUds QV FUlls) CodIo No

2

3 NIL

ScheclJM 110 22 in siJed y Ihlllolowlg

~ RAJESH CMTUIlElllamp SSOOTES ~ I

bull 0-- di oIlW

SK_ DollId 2lIII1oIat_21110 -- ~IIIfl9r~ampe-~

CEOiCFO Certification

we 11- odbilljji led CU 8ijIlICbltt epacilieliISownn ampIotirIagrIg Dnaor (CEO) IFd Vice o-w (CfO) d soo~ lgtmed(ltgtoCornfrylOlMboltld ardbeIilIl oerIvtrlol-II) we live ~ ee lIIbltgtoamplinInciaI ~ noad wiIIlhe Cash FkM StaIIInWot d Senbo lnOlgtIneS Litnited

1orr-~3middotmiddotIlIntI2Cl0InlSllleNIl t81dart4 l _bIliIf (I Ibullbull de ngl ~ _ilIII Ibullbull or_ ~ lacI or_

lIOilSN1IblI tng _ ~1 __ 111_ I _-~-n_

~ iTa __

(tI) we _ lilbIsIdar if IId bIloII1lIIIlr1nIdOtlStrlIlllIICI tIle~ dUIrog

~_II1e~~arltAl bullbull ~lhe~eoaedCOtQcl

w lIodaN II illla~ d ed aJ onan 1Id C6 - Ked OQi lheCOdeolCcnltudilS~lPylN~_

(e) we UNr1ClllPC abIil beslilllIslqlnl l ODIlIroIIar 18Mll We heltdl ess d oornt sysIImS 01 CalgtanJ IIlilfnonl8 1ejO-- ~ tl tie 8IOIorI rdtlI AIdI COl_ I1olfio I(ies inle desIJl or oplIlllOi01such Itlma eortroII ~ any olwtJdwe arep3fllard stejlS takenorp-oposed 10 blIlallten b rlifov1g slICh oolioencie$

(d we_ tedanw_1MItlaIian tllha adnnllheALoltCo bull

(I Slfiji~~I onIefTaI~_~~ltUIlglher-

jiI Sy d8lJlI f ~-dellaWlg n lNllhe _ ~ lilNIrwlQiIl _

1 _Q$gl_f3UIl ~_=1- I Y gl bullbullbulleor ~I KlIenlhe~-~~-

M$Oillilllshy

c S Choudhuryvo-shy

~Iaqtion

~~tlIIulewr~Eta pnooad -09 (l l1ll(iildl-O_ 1le sma EAlw Ile eacle wbullbull SorirIr 1Mie Fwi lIIIIIlIoM oed eooue Code aJCcrWcl b III yelI endId 31$llllaodl

ForSoriIo hUres ~

shya- 1 bull V Dncb

28

-

-- - --

--

CA91FLOW $TJ1UlENT FOR THE YfJ~ BiDEDtiP IIAACM Z010 -- _shy1IIntltl 2f1

A calli FilM Inn e- gAdMliII5 - shyPdrllDaJrIaolt lD ~ l32ampl t 459 (251303971 ~bDocgt_ l$OnlIamp 134lZft9 ~PdlllJ bIbw IIoIIltlg ~CwlgII 16769 3S$) (1l JOl7I) (ro-~Wilrblil~ (Ottgtr tlan Cash-l CasI1 E~l 3amp521 301 (5510185) Cxh IO ~ fIvn 0parBli0ngt 221511006 116618564j Drreel T_PIId

l CnII FilM Opamng AlttiVitift 2215$il06 lU185641

II CUll Flow from Irwu~ng Acbrilies (248467) ~dr-lI8d~

nbiIg Fonogn etrq VinWI (29701199) ~farCl(lUl F~_

~ Net Call uMd ~ bullbull ~lI Adma

c e-Aoootr-f_ ~_ -edShn CCxlaI

PIgt --blsI tolt ugsReceJi_ d uo-nd u Oftrlb Slaw PrtIdoIl 01 pel ~

NatcII -cI in FNIICiol9 AcIvilieI l2107U43J NehlCi (cIao I lineal_ ~ ecuivaltnls1 8+lt1 (560~)

Oparong B-c orCallIand Cash EquiQIente 907371 eea CI~g BilInel of Cllh and Clsh Equivalanb W 907311

For ftOll_ dlho amp11

CS ClMufhury kIP ~ ob ow- cr amp~lrnIaIY

SIl II I I at Gewaf ~ amp~SfcreWy

bull AUDITORS CERT1ACATE

fila- roe _ QIIfl b e d sa8) MlUSTllIS LUTEDfarhe IlClt ended 31 wm 2010The 81_ beerl__ llr fl CcnopInJ awulIe row =eliIca 32li1il1lillAQl _ SIocIo ~_ _ _ __toBIIliIlaSIIIIMoI cnce CIIIfU-lrW1lIPJflb tliOld~

For gtASH CHATlfltD bull bull ssaxaTES ~laquogtIl ws

DeIeol- 28tl ~ 2010 PrtllU Ho~

29

~---------------~

BOOK POST

Senbo Industries Limited

Registered Office 87 l6fW1 Sarari KoIoaa 700013

Phone a33)2217 891516 Fax 033 2265 9485

Email senboindgmailcom Wilbsile wwwsenboindustriescom

Works KarbBla Sonarpur Station Road

KoIkata 700 103 Phone 033 2434 7339

Fax 033 2434 7341

Page 25: Sixteenth Annual Report 2009-10 - Bombay Stock ExchangeU8il. C8ncer R!sean::I'l lklil5 1il:l!l>tl1l 1lC. In8lldIlIor. lhe I!oItd_

18 REVENUE RECOGNITlON ~ tom the$3Ie ~ goods(rouong TrllIi prodJctloo1 Ilottlesl IS ~ t4XJI passage 01 titleIe the cuslomen wtgtidl ~ _ Iheir ltIeliver) ~~ -y cui 01 gtltu ltifIe cIiimr 8lc altcOunlted rasand hey ~ fnaIydetlt1rmonod

19 PROVISIONSCOtITINGEl UABlUTIESAHDCOIffiNGENT ASSETS lalA pllOISIOn IS reoogrrised when theCUI1pal) tlas bull n-Jl otIIIgaoon as ~ 01 __ -l ~ ~ an CkIlkgtw 01 resource Of t ~ 10 $OllIe the ottgatiltJn in respect 01 wIldI ~ ~ _ be_ ProyenIIions are not diiowlId l)~ ~ ond a ~ -d (WI be5l OSlimate ~tl_ the abIigaIJooat he -e__ These _ atNd baJIIoce sIleel

d e -l~lO fllIoa lhe~~l~te

(h) Cootingenl labfllies ~ byY offICIIe5 IC (0) ConlingenlAwlz~ Y_egtlaquoepl lor lho purposed _ellol-

110 lEASE Sne 1(1_ has beenlICqIOrOO to-PCl ~~ l)pe 01wiI be deIenTwgted WI

~ 111 ACCOUNTlNGFORTAXESONINCOME

In-01 lilt lossb tie year ltJ1der revi Taxeson CuretC anIDeleltted Income have notansen

112 SEGMENTmiddotWlSE REPORTING The~eXltiJsiwe~ 1$ maruaeturinJ yenIll lI 0I V Fblsnl such in theopinocgtl Qfie Ibr1agemenl ttIil is lhlI (IIy lepo ~~ ampe9fIIlOl per AcclInng SllnIiard 17 on SegnetC Repor1lnt =oed by n - 01 Owtered AaxgtuntlolS or lnclol There 15 no ~ GeograpIwal segmenleithelt

111 EMPLOYEE BENEFITS (I) llelnod COOIlIbtlJon 10 prQIIidertfind ard empIo _ 0SlGII00 arediared Ie~ amp loss 1lCttUll 01 fill _ GleQlIIIrtbulions lOthe~ bIClS n 0JIlThere ate roo 0IheI 00lig81i0nI Ie Ihe eo IJIt I oe-er lIaI1 clJGb6Dn payable to therespecIMI-uy illIIIltntJes (b)Mninul1 _ or bonusasrgtcgotiated fmm n 10_ os lIo1W oCCOIJlted arc pood ClIIIl basis 0$1 -dQlllSlSlfrqt (0) No _ llInIIfit5lCthe~

Id) A molteltolco_ y_llerooIIin lhebmaigraUlyisllilllltraquo_ ed oncashbBSltl

1 _1~ POLICY ON EARNING PER SIWlf (alBMcNrnig persharelliltAlQ ~b)~lhetgtet~OIlossallet end rtude POSlIPeeclolany ~ ilem lor the peroltl IlItWtIlo Il~~ by lheweoghled ~_deqlJty shlIe wtsIMding dtgting ~ pergt)I1 ThegNed _ 01 equity share$ 0JISll0 tUroll tle PriOd In-fore_ fgtCiUdirIg a txnIs iDoJ tIatUI eleltnenI 3 right issue spill d __ or reverse tPl (1elXlISOIidaIiDn or_os) lito made dunng lteV-- (bl Forlto purpose or llIkulatJIJ ltlIuIod rmroJ per shire Ile Il8I prolil d ltJfl penod_ eqJfy 51eIclldelt n tie ~UltJef ofesQJDldo ltkngtg1MperiodInedforleellecls d II dilutive poIenIIIl d laquoJI- shy

115 PROVl$ION FOR TAXATIOti 13) Tax pense for1M)83 ~CUfeot ill ampdefMed isi1cloled Ie fIIt pltolit (lossl fortrleyeor (b)A~ IImadefortheCUTefIllagtbMlOlillIiltlOity(ltJmpU1ed 01 aoordancIe _ RlevariIlagt raIeSand ill A Pfl5lCl IS made fol cleIemclllDl for1rr9 ltttrerenltel rIsing and liCOJUOlg _ alarreotty Ofsubsl8I1Mjyenaded (e) ~ Igt-Is are ognised 0fIi) ~ _ is certainly 1l1111lhey wiI be INiZe6I1ld 1IOewedfollle~mm sheeld8led1letrIlspectivecarryolg_lIl11dlballiltllte

116 FOREIGNCURRENCYTllANSACTlON ~ applicableFltnql orn=nq lrrIsaGtiolls are accounleltl for at f1e elltolrlge rale prevaiing at the blttnsaction dilte Yearand mnetary assets and liahiitiesItIIoreignournrq are Ir3n$Iated allIle appHcaOie year end e chaoge ~andlIle ~ dilIeo elt ICe is eoognrsed $gaOl oo lorhe ytII

2 In tleopihJndlgtt~ Iho maM3llIe_ dlllaS$8l$[ eilherheentire~amp~ ling Ie 1rftVerwus Fbl ~~ tle0fIi) CGU cI ~ or Ile _ I tlNll l1Ier fIan tIo$e Ii respeclMCltlII)iniimlUllalLId1 assets no ~_IIason trgte Balance Sleel ltllte

lal Bank ~ fa 01 W8$l Be1l1 s_ ElltctncgtIy DioIiboIiltM ~ lid m

(h~ Claim agaiosIheComooy 0l0l ~ 3171849

(c)Oarn01 cerw ExCse CIuty InIer ApplrIl kI Trtlur8I no818

4 Asrc IleIeSlllls beenchargedOf1Ioler-Corpoltole~ he_lias flO beeoleswnatednj ~ n shys Partl OOIlfJrnlaliolt in respect 01 outslar1di~ balances JIr SuIlay DetbI Sltnlry Cltedl1DlS Lwns M~bo-on - inlrl OIIII$Idenolio1lh__

6 The Contrtd _ MI$ e- 81goroeemg 1M COo~adtA IISPObIe for Renovatlon wonlt at Fadlr was teminated dlIlI to pocI and sub-llarolard~ 01 wo1lt and maleliaIs At prtSeI1I hmalilt isurderfillg3lion

7 On iilllleial- ~lSioId CllIlridol~ djotlbyWs FreseruKab Pvt ttd (Fresenlus)1Iith eII8cI JrorIl ztSl Augull 2OOl5 fie -1t 01 ~ _ F-_ 1OImOa5e in cowetSion lthave Godown Iml Vat IDS tlfuMnl $aIIp by hit ~and~ of F-- has enuo oed UI~ cliIIe an no 8lUSImIIthas bftnmMI inherftIIIIld aaolIlIS thnfor

8 NJmaRECEVEOGAlNSTSALEOFPlANT ampMACH ~ E RY

At ~ tgty me Cornjgtony sctI--(dIi 000lt1 ~ -- amp FducalIon l id ~ JtImne _ oIRs 315 CtCQ edt ClIt ol Rs 612cnnsdUlWlg2009-10 iOJIinSl- 0111 Fluids 1Tl8I1~

maIonenes for wllCtlappmpriae resoIutioM -e passed tlf the- Companfs sharehllderson171tl ~ 201 0 Thoi Wesaid -m was ustd by he ~ IIMartlI ~~ 01 unseated kHI J-d from -conponieo

9 MIslment relathg to pr1lIioo ~ ear amounting to Rs 2157641middot ~ net 01 ~~ br Bank Gunnlee released by Bs1 ~ 10 R 7740121- party dsll bypro perod Alary Ib 37097shyrlIenlSl a-o dN)ood ~etarges etlt Rs 371 151middot01 N $arne year

10 MICROSWIILU tpoundDlllM ENTERPRIsES The COnpano hasflOl recewed Ifl IT 0 bull as IIqIJinld 10befledWIfIlhilllOllied ltlJlt(nIy UIMler 1le cro SrtalI JtId MecWn EnIefprioes ~M 200li c1a1Tlll19 tler S131S as00 31st March 2010 (and also 31st March 2(ll)9) rrntroSlIaIlard medlrnenlerprises~he_1Slicl payabIf klhlse dUIWIg_ l_~__l iS nl

11 The ~ III yet to fto -V adopI~ Standard 1S EmploY Benefits (lWes 20(5) issIed by ee 1nstilIJIl 01 ChaIltred AccoulItaols 0I1ndia ant deliilIed discIJslns reIaWli to Oefned Btnelil PIons couId FlO be fnidellollcrnonlS andRe9ortshy

12 RElAI ED PARTY DISClOS~RfS

DiscIoluesasreQUredJIaxulIilg Sagtd8Ill18aregoenbelow

LdofRm~~s

SenboEngneeMg Limited se KrojaI SenguptaErrOclln 81gi_oog Pvt lid -- shy8eeni I-IoIoifgs PIlI tid SnC S ChedMY

Dr Sll8IllaI 0lalCI1D0I1ySenboEnm ampPvt Lid SoFTarIp Kumr OVIkraOO1y Or Asilth Kumar Sengupta

-Trrnsactions with Related Parties duting 2009-201 0

Nature o u pses KeyManagementComj)lnics Personnel amp IWlati-u

(- lRs)

Expenses Ditedors Remuneralion Cullllllt ear ~ Nil

~ Nil

Dirnctorn SLtJIlg F Current lar- shy 40000 Previous at 2a COl Inoome

Electricity amp Diesel 71373

54358

Outstanding Balances onJ~ March 21)10

Unsecured teen CIIroIIt Year 1S4m245 Previous rilar 217343388

13 EAR~ I N GPER SHARE

Cumml Yn (Rs) Previous Year (Rs)

Net Profit I (Loss) after current and ~ tax Weghled Average

(33054243) 251 11011 1

Numtgter of Equity Shares 01 Ri 10eadlason 31()3-101 0 10647900 1O647OCXl

EamOngsPer Shale(BasicandDiluted) 14 FigUIeS to thepreltioos year tevebeen re-arranged and fe-9ouped ~ necessary

is Informatioo PlJfSllaI1l loNotllication UIIllerScheduleViofthe~rns Act1956 IAscertifiedbythelllartagement)

CIfIlInt Year

Oy INoofSoltMI 151 Annual Capacty _ PrOOLlClion

15 11 Used Capacrty 1aOOClOOO ~

1512 I rgt$~ Copltgtdty 18000000 ~

1513 TrialPrndLJClS of Irl1tlwenous FlJid _ MacIliroI upgradatlDr1

r p~~~ 157634 1178355

Saio oITrial FroducIs ol-shy 24244 206557

153 I -V FUds BottIos 191 18664

154 -shy IV FOIds Bottlogt 135309 990461

Pn0IS Year

INo_ oHloltles) IRs)

16000000 ~

18000000 ~

17878

~

1919 186amp4

-- --

CUrrtfltYtar shy- - (Moe-) -1 55 -- M5gt I PIWj G M M M M M M532 0_ lt0shy_~

GolI-ampO -- c_C_ -shy

1511 1572 sa-ls-o

-- -- -- -

- U - -- _ar shy_Cshy- - oW bull

~amp2 ---- M

bull bull bull_- -_ M

u uUm-- S bull bull

IS 5 12

0shy - a

1t11Pt a a-M

~

M- M

-

PCIY_- M M

M

1111 M

~~ 11

-

c

l

-

Informationpursuam to PartlYofSchemJItVIof the CompanilsAct 1956

B 1IceSl-fAbaraer_~~8U$-_

REGlSTRATlON DETAILS

~i No CJrI L 22 fTfTi( B I 9J r pT L o amp3Z 7a

llaIIAe Srleel DtIo l 3LlBpIl l amp11 oJ tl CAIIfAL RAISED DLRJ~G THE IEAIl (Arrioln Ra 000)

Pul iIlh I~ ~ Ilo1IIsaoi lonuI1saoe [l~N J t l PO$nOfII OF MllfIl 74TD1 AICl 0euroJlCmlEWT Of FUtClS AIoIIut Ik lDlI ___I bull~ f 5_1 kIII-- bull - -~ si shy

t1L ~ G 2aDi-l - shy- CIl frIJill ill-l412l1lJ ~oIFomds

lei Fuel A- [lj 41T[)l ojsJ ITDillJil Net ClmlIlt Assel5 [-r2T i~ 1_3ill j271T[SS]

N PERFORaLlHCE Of COlIIPAHY (Amwllll RsOOJ)

Tlnll1OII ITI2 -i L i lJIZ3 LL31middot~ r3Jl~~_

tJ3T( 1 57 a-LJ(Itl

GEHEltIC HAIlES OF 1fREf IRIHCIPll PROOUCTS

1 t _-FUds QV FUlls) CodIo No

2

3 NIL

ScheclJM 110 22 in siJed y Ihlllolowlg

~ RAJESH CMTUIlElllamp SSOOTES ~ I

bull 0-- di oIlW

SK_ DollId 2lIII1oIat_21110 -- ~IIIfl9r~ampe-~

CEOiCFO Certification

we 11- odbilljji led CU 8ijIlICbltt epacilieliISownn ampIotirIagrIg Dnaor (CEO) IFd Vice o-w (CfO) d soo~ lgtmed(ltgtoCornfrylOlMboltld ardbeIilIl oerIvtrlol-II) we live ~ ee lIIbltgtoamplinInciaI ~ noad wiIIlhe Cash FkM StaIIInWot d Senbo lnOlgtIneS Litnited

1orr-~3middotmiddotIlIntI2Cl0InlSllleNIl t81dart4 l _bIliIf (I Ibullbull de ngl ~ _ilIII Ibullbull or_ ~ lacI or_

lIOilSN1IblI tng _ ~1 __ 111_ I _-~-n_

~ iTa __

(tI) we _ lilbIsIdar if IId bIloII1lIIIlr1nIdOtlStrlIlllIICI tIle~ dUIrog

~_II1e~~arltAl bullbull ~lhe~eoaedCOtQcl

w lIodaN II illla~ d ed aJ onan 1Id C6 - Ked OQi lheCOdeolCcnltudilS~lPylN~_

(e) we UNr1ClllPC abIil beslilllIslqlnl l ODIlIroIIar 18Mll We heltdl ess d oornt sysIImS 01 CalgtanJ IIlilfnonl8 1ejO-- ~ tl tie 8IOIorI rdtlI AIdI COl_ I1olfio I(ies inle desIJl or oplIlllOi01such Itlma eortroII ~ any olwtJdwe arep3fllard stejlS takenorp-oposed 10 blIlallten b rlifov1g slICh oolioencie$

(d we_ tedanw_1MItlaIian tllha adnnllheALoltCo bull

(I Slfiji~~I onIefTaI~_~~ltUIlglher-

jiI Sy d8lJlI f ~-dellaWlg n lNllhe _ ~ lilNIrwlQiIl _

1 _Q$gl_f3UIl ~_=1- I Y gl bullbullbulleor ~I KlIenlhe~-~~-

M$Oillilllshy

c S Choudhuryvo-shy

~Iaqtion

~~tlIIulewr~Eta pnooad -09 (l l1ll(iildl-O_ 1le sma EAlw Ile eacle wbullbull SorirIr 1Mie Fwi lIIIIIlIoM oed eooue Code aJCcrWcl b III yelI endId 31$llllaodl

ForSoriIo hUres ~

shya- 1 bull V Dncb

28

-

-- - --

--

CA91FLOW $TJ1UlENT FOR THE YfJ~ BiDEDtiP IIAACM Z010 -- _shy1IIntltl 2f1

A calli FilM Inn e- gAdMliII5 - shyPdrllDaJrIaolt lD ~ l32ampl t 459 (251303971 ~bDocgt_ l$OnlIamp 134lZft9 ~PdlllJ bIbw IIoIIltlg ~CwlgII 16769 3S$) (1l JOl7I) (ro-~Wilrblil~ (Ottgtr tlan Cash-l CasI1 E~l 3amp521 301 (5510185) Cxh IO ~ fIvn 0parBli0ngt 221511006 116618564j Drreel T_PIId

l CnII FilM Opamng AlttiVitift 2215$il06 lU185641

II CUll Flow from Irwu~ng Acbrilies (248467) ~dr-lI8d~

nbiIg Fonogn etrq VinWI (29701199) ~farCl(lUl F~_

~ Net Call uMd ~ bullbull ~lI Adma

c e-Aoootr-f_ ~_ -edShn CCxlaI

PIgt --blsI tolt ugsReceJi_ d uo-nd u Oftrlb Slaw PrtIdoIl 01 pel ~

NatcII -cI in FNIICiol9 AcIvilieI l2107U43J NehlCi (cIao I lineal_ ~ ecuivaltnls1 8+lt1 (560~)

Oparong B-c orCallIand Cash EquiQIente 907371 eea CI~g BilInel of Cllh and Clsh Equivalanb W 907311

For ftOll_ dlho amp11

CS ClMufhury kIP ~ ob ow- cr amp~lrnIaIY

SIl II I I at Gewaf ~ amp~SfcreWy

bull AUDITORS CERT1ACATE

fila- roe _ QIIfl b e d sa8) MlUSTllIS LUTEDfarhe IlClt ended 31 wm 2010The 81_ beerl__ llr fl CcnopInJ awulIe row =eliIca 32li1il1lillAQl _ SIocIo ~_ _ _ __toBIIliIlaSIIIIMoI cnce CIIIfU-lrW1lIPJflb tliOld~

For gtASH CHATlfltD bull bull ssaxaTES ~laquogtIl ws

DeIeol- 28tl ~ 2010 PrtllU Ho~

29

~---------------~

BOOK POST

Senbo Industries Limited

Registered Office 87 l6fW1 Sarari KoIoaa 700013

Phone a33)2217 891516 Fax 033 2265 9485

Email senboindgmailcom Wilbsile wwwsenboindustriescom

Works KarbBla Sonarpur Station Road

KoIkata 700 103 Phone 033 2434 7339

Fax 033 2434 7341

Page 26: Sixteenth Annual Report 2009-10 - Bombay Stock ExchangeU8il. C8ncer R!sean::I'l lklil5 1il:l!l>tl1l 1lC. In8lldIlIor. lhe I!oItd_

lal Bank ~ fa 01 W8$l Be1l1 s_ ElltctncgtIy DioIiboIiltM ~ lid m

(h~ Claim agaiosIheComooy 0l0l ~ 3171849

(c)Oarn01 cerw ExCse CIuty InIer ApplrIl kI Trtlur8I no818

4 Asrc IleIeSlllls beenchargedOf1Ioler-Corpoltole~ he_lias flO beeoleswnatednj ~ n shys Partl OOIlfJrnlaliolt in respect 01 outslar1di~ balances JIr SuIlay DetbI Sltnlry Cltedl1DlS Lwns M~bo-on - inlrl OIIII$Idenolio1lh__

6 The Contrtd _ MI$ e- 81goroeemg 1M COo~adtA IISPObIe for Renovatlon wonlt at Fadlr was teminated dlIlI to pocI and sub-llarolard~ 01 wo1lt and maleliaIs At prtSeI1I hmalilt isurderfillg3lion

7 On iilllleial- ~lSioId CllIlridol~ djotlbyWs FreseruKab Pvt ttd (Fresenlus)1Iith eII8cI JrorIl ztSl Augull 2OOl5 fie -1t 01 ~ _ F-_ 1OImOa5e in cowetSion lthave Godown Iml Vat IDS tlfuMnl $aIIp by hit ~and~ of F-- has enuo oed UI~ cliIIe an no 8lUSImIIthas bftnmMI inherftIIIIld aaolIlIS thnfor

8 NJmaRECEVEOGAlNSTSALEOFPlANT ampMACH ~ E RY

At ~ tgty me Cornjgtony sctI--(dIi 000lt1 ~ -- amp FducalIon l id ~ JtImne _ oIRs 315 CtCQ edt ClIt ol Rs 612cnnsdUlWlg2009-10 iOJIinSl- 0111 Fluids 1Tl8I1~

maIonenes for wllCtlappmpriae resoIutioM -e passed tlf the- Companfs sharehllderson171tl ~ 201 0 Thoi Wesaid -m was ustd by he ~ IIMartlI ~~ 01 unseated kHI J-d from -conponieo

9 MIslment relathg to pr1lIioo ~ ear amounting to Rs 2157641middot ~ net 01 ~~ br Bank Gunnlee released by Bs1 ~ 10 R 7740121- party dsll bypro perod Alary Ib 37097shyrlIenlSl a-o dN)ood ~etarges etlt Rs 371 151middot01 N $arne year

10 MICROSWIILU tpoundDlllM ENTERPRIsES The COnpano hasflOl recewed Ifl IT 0 bull as IIqIJinld 10befledWIfIlhilllOllied ltlJlt(nIy UIMler 1le cro SrtalI JtId MecWn EnIefprioes ~M 200li c1a1Tlll19 tler S131S as00 31st March 2010 (and also 31st March 2(ll)9) rrntroSlIaIlard medlrnenlerprises~he_1Slicl payabIf klhlse dUIWIg_ l_~__l iS nl

11 The ~ III yet to fto -V adopI~ Standard 1S EmploY Benefits (lWes 20(5) issIed by ee 1nstilIJIl 01 ChaIltred AccoulItaols 0I1ndia ant deliilIed discIJslns reIaWli to Oefned Btnelil PIons couId FlO be fnidellollcrnonlS andRe9ortshy

12 RElAI ED PARTY DISClOS~RfS

DiscIoluesasreQUredJIaxulIilg Sagtd8Ill18aregoenbelow

LdofRm~~s

SenboEngneeMg Limited se KrojaI SenguptaErrOclln 81gi_oog Pvt lid -- shy8eeni I-IoIoifgs PIlI tid SnC S ChedMY

Dr Sll8IllaI 0lalCI1D0I1ySenboEnm ampPvt Lid SoFTarIp Kumr OVIkraOO1y Or Asilth Kumar Sengupta

-Trrnsactions with Related Parties duting 2009-201 0

Nature o u pses KeyManagementComj)lnics Personnel amp IWlati-u

(- lRs)

Expenses Ditedors Remuneralion Cullllllt ear ~ Nil

~ Nil

Dirnctorn SLtJIlg F Current lar- shy 40000 Previous at 2a COl Inoome

Electricity amp Diesel 71373

54358

Outstanding Balances onJ~ March 21)10

Unsecured teen CIIroIIt Year 1S4m245 Previous rilar 217343388

13 EAR~ I N GPER SHARE

Cumml Yn (Rs) Previous Year (Rs)

Net Profit I (Loss) after current and ~ tax Weghled Average

(33054243) 251 11011 1

Numtgter of Equity Shares 01 Ri 10eadlason 31()3-101 0 10647900 1O647OCXl

EamOngsPer Shale(BasicandDiluted) 14 FigUIeS to thepreltioos year tevebeen re-arranged and fe-9ouped ~ necessary

is Informatioo PlJfSllaI1l loNotllication UIIllerScheduleViofthe~rns Act1956 IAscertifiedbythelllartagement)

CIfIlInt Year

Oy INoofSoltMI 151 Annual Capacty _ PrOOLlClion

15 11 Used Capacrty 1aOOClOOO ~

1512 I rgt$~ Copltgtdty 18000000 ~

1513 TrialPrndLJClS of Irl1tlwenous FlJid _ MacIliroI upgradatlDr1

r p~~~ 157634 1178355

Saio oITrial FroducIs ol-shy 24244 206557

153 I -V FUds BottIos 191 18664

154 -shy IV FOIds Bottlogt 135309 990461

Pn0IS Year

INo_ oHloltles) IRs)

16000000 ~

18000000 ~

17878

~

1919 186amp4

-- --

CUrrtfltYtar shy- - (Moe-) -1 55 -- M5gt I PIWj G M M M M M M532 0_ lt0shy_~

GolI-ampO -- c_C_ -shy

1511 1572 sa-ls-o

-- -- -- -

- U - -- _ar shy_Cshy- - oW bull

~amp2 ---- M

bull bull bull_- -_ M

u uUm-- S bull bull

IS 5 12

0shy - a

1t11Pt a a-M

~

M- M

-

PCIY_- M M

M

1111 M

~~ 11

-

c

l

-

Informationpursuam to PartlYofSchemJItVIof the CompanilsAct 1956

B 1IceSl-fAbaraer_~~8U$-_

REGlSTRATlON DETAILS

~i No CJrI L 22 fTfTi( B I 9J r pT L o amp3Z 7a

llaIIAe Srleel DtIo l 3LlBpIl l amp11 oJ tl CAIIfAL RAISED DLRJ~G THE IEAIl (Arrioln Ra 000)

Pul iIlh I~ ~ Ilo1IIsaoi lonuI1saoe [l~N J t l PO$nOfII OF MllfIl 74TD1 AICl 0euroJlCmlEWT Of FUtClS AIoIIut Ik lDlI ___I bull~ f 5_1 kIII-- bull - -~ si shy

t1L ~ G 2aDi-l - shy- CIl frIJill ill-l412l1lJ ~oIFomds

lei Fuel A- [lj 41T[)l ojsJ ITDillJil Net ClmlIlt Assel5 [-r2T i~ 1_3ill j271T[SS]

N PERFORaLlHCE Of COlIIPAHY (Amwllll RsOOJ)

Tlnll1OII ITI2 -i L i lJIZ3 LL31middot~ r3Jl~~_

tJ3T( 1 57 a-LJ(Itl

GEHEltIC HAIlES OF 1fREf IRIHCIPll PROOUCTS

1 t _-FUds QV FUlls) CodIo No

2

3 NIL

ScheclJM 110 22 in siJed y Ihlllolowlg

~ RAJESH CMTUIlElllamp SSOOTES ~ I

bull 0-- di oIlW

SK_ DollId 2lIII1oIat_21110 -- ~IIIfl9r~ampe-~

CEOiCFO Certification

we 11- odbilljji led CU 8ijIlICbltt epacilieliISownn ampIotirIagrIg Dnaor (CEO) IFd Vice o-w (CfO) d soo~ lgtmed(ltgtoCornfrylOlMboltld ardbeIilIl oerIvtrlol-II) we live ~ ee lIIbltgtoamplinInciaI ~ noad wiIIlhe Cash FkM StaIIInWot d Senbo lnOlgtIneS Litnited

1orr-~3middotmiddotIlIntI2Cl0InlSllleNIl t81dart4 l _bIliIf (I Ibullbull de ngl ~ _ilIII Ibullbull or_ ~ lacI or_

lIOilSN1IblI tng _ ~1 __ 111_ I _-~-n_

~ iTa __

(tI) we _ lilbIsIdar if IId bIloII1lIIIlr1nIdOtlStrlIlllIICI tIle~ dUIrog

~_II1e~~arltAl bullbull ~lhe~eoaedCOtQcl

w lIodaN II illla~ d ed aJ onan 1Id C6 - Ked OQi lheCOdeolCcnltudilS~lPylN~_

(e) we UNr1ClllPC abIil beslilllIslqlnl l ODIlIroIIar 18Mll We heltdl ess d oornt sysIImS 01 CalgtanJ IIlilfnonl8 1ejO-- ~ tl tie 8IOIorI rdtlI AIdI COl_ I1olfio I(ies inle desIJl or oplIlllOi01such Itlma eortroII ~ any olwtJdwe arep3fllard stejlS takenorp-oposed 10 blIlallten b rlifov1g slICh oolioencie$

(d we_ tedanw_1MItlaIian tllha adnnllheALoltCo bull

(I Slfiji~~I onIefTaI~_~~ltUIlglher-

jiI Sy d8lJlI f ~-dellaWlg n lNllhe _ ~ lilNIrwlQiIl _

1 _Q$gl_f3UIl ~_=1- I Y gl bullbullbulleor ~I KlIenlhe~-~~-

M$Oillilllshy

c S Choudhuryvo-shy

~Iaqtion

~~tlIIulewr~Eta pnooad -09 (l l1ll(iildl-O_ 1le sma EAlw Ile eacle wbullbull SorirIr 1Mie Fwi lIIIIIlIoM oed eooue Code aJCcrWcl b III yelI endId 31$llllaodl

ForSoriIo hUres ~

shya- 1 bull V Dncb

28

-

-- - --

--

CA91FLOW $TJ1UlENT FOR THE YfJ~ BiDEDtiP IIAACM Z010 -- _shy1IIntltl 2f1

A calli FilM Inn e- gAdMliII5 - shyPdrllDaJrIaolt lD ~ l32ampl t 459 (251303971 ~bDocgt_ l$OnlIamp 134lZft9 ~PdlllJ bIbw IIoIIltlg ~CwlgII 16769 3S$) (1l JOl7I) (ro-~Wilrblil~ (Ottgtr tlan Cash-l CasI1 E~l 3amp521 301 (5510185) Cxh IO ~ fIvn 0parBli0ngt 221511006 116618564j Drreel T_PIId

l CnII FilM Opamng AlttiVitift 2215$il06 lU185641

II CUll Flow from Irwu~ng Acbrilies (248467) ~dr-lI8d~

nbiIg Fonogn etrq VinWI (29701199) ~farCl(lUl F~_

~ Net Call uMd ~ bullbull ~lI Adma

c e-Aoootr-f_ ~_ -edShn CCxlaI

PIgt --blsI tolt ugsReceJi_ d uo-nd u Oftrlb Slaw PrtIdoIl 01 pel ~

NatcII -cI in FNIICiol9 AcIvilieI l2107U43J NehlCi (cIao I lineal_ ~ ecuivaltnls1 8+lt1 (560~)

Oparong B-c orCallIand Cash EquiQIente 907371 eea CI~g BilInel of Cllh and Clsh Equivalanb W 907311

For ftOll_ dlho amp11

CS ClMufhury kIP ~ ob ow- cr amp~lrnIaIY

SIl II I I at Gewaf ~ amp~SfcreWy

bull AUDITORS CERT1ACATE

fila- roe _ QIIfl b e d sa8) MlUSTllIS LUTEDfarhe IlClt ended 31 wm 2010The 81_ beerl__ llr fl CcnopInJ awulIe row =eliIca 32li1il1lillAQl _ SIocIo ~_ _ _ __toBIIliIlaSIIIIMoI cnce CIIIfU-lrW1lIPJflb tliOld~

For gtASH CHATlfltD bull bull ssaxaTES ~laquogtIl ws

DeIeol- 28tl ~ 2010 PrtllU Ho~

29

~---------------~

BOOK POST

Senbo Industries Limited

Registered Office 87 l6fW1 Sarari KoIoaa 700013

Phone a33)2217 891516 Fax 033 2265 9485

Email senboindgmailcom Wilbsile wwwsenboindustriescom

Works KarbBla Sonarpur Station Road

KoIkata 700 103 Phone 033 2434 7339

Fax 033 2434 7341

Page 27: Sixteenth Annual Report 2009-10 - Bombay Stock ExchangeU8il. C8ncer R!sean::I'l lklil5 1il:l!l>tl1l 1lC. In8lldIlIor. lhe I!oItd_

-Trrnsactions with Related Parties duting 2009-201 0

Nature o u pses KeyManagementComj)lnics Personnel amp IWlati-u

(- lRs)

Expenses Ditedors Remuneralion Cullllllt ear ~ Nil

~ Nil

Dirnctorn SLtJIlg F Current lar- shy 40000 Previous at 2a COl Inoome

Electricity amp Diesel 71373

54358

Outstanding Balances onJ~ March 21)10

Unsecured teen CIIroIIt Year 1S4m245 Previous rilar 217343388

13 EAR~ I N GPER SHARE

Cumml Yn (Rs) Previous Year (Rs)

Net Profit I (Loss) after current and ~ tax Weghled Average

(33054243) 251 11011 1

Numtgter of Equity Shares 01 Ri 10eadlason 31()3-101 0 10647900 1O647OCXl

EamOngsPer Shale(BasicandDiluted) 14 FigUIeS to thepreltioos year tevebeen re-arranged and fe-9ouped ~ necessary

is Informatioo PlJfSllaI1l loNotllication UIIllerScheduleViofthe~rns Act1956 IAscertifiedbythelllartagement)

CIfIlInt Year

Oy INoofSoltMI 151 Annual Capacty _ PrOOLlClion

15 11 Used Capacrty 1aOOClOOO ~

1512 I rgt$~ Copltgtdty 18000000 ~

1513 TrialPrndLJClS of Irl1tlwenous FlJid _ MacIliroI upgradatlDr1

r p~~~ 157634 1178355

Saio oITrial FroducIs ol-shy 24244 206557

153 I -V FUds BottIos 191 18664

154 -shy IV FOIds Bottlogt 135309 990461

Pn0IS Year

INo_ oHloltles) IRs)

16000000 ~

18000000 ~

17878

~

1919 186amp4

-- --

CUrrtfltYtar shy- - (Moe-) -1 55 -- M5gt I PIWj G M M M M M M532 0_ lt0shy_~

GolI-ampO -- c_C_ -shy

1511 1572 sa-ls-o

-- -- -- -

- U - -- _ar shy_Cshy- - oW bull

~amp2 ---- M

bull bull bull_- -_ M

u uUm-- S bull bull

IS 5 12

0shy - a

1t11Pt a a-M

~

M- M

-

PCIY_- M M

M

1111 M

~~ 11

-

c

l

-

Informationpursuam to PartlYofSchemJItVIof the CompanilsAct 1956

B 1IceSl-fAbaraer_~~8U$-_

REGlSTRATlON DETAILS

~i No CJrI L 22 fTfTi( B I 9J r pT L o amp3Z 7a

llaIIAe Srleel DtIo l 3LlBpIl l amp11 oJ tl CAIIfAL RAISED DLRJ~G THE IEAIl (Arrioln Ra 000)

Pul iIlh I~ ~ Ilo1IIsaoi lonuI1saoe [l~N J t l PO$nOfII OF MllfIl 74TD1 AICl 0euroJlCmlEWT Of FUtClS AIoIIut Ik lDlI ___I bull~ f 5_1 kIII-- bull - -~ si shy

t1L ~ G 2aDi-l - shy- CIl frIJill ill-l412l1lJ ~oIFomds

lei Fuel A- [lj 41T[)l ojsJ ITDillJil Net ClmlIlt Assel5 [-r2T i~ 1_3ill j271T[SS]

N PERFORaLlHCE Of COlIIPAHY (Amwllll RsOOJ)

Tlnll1OII ITI2 -i L i lJIZ3 LL31middot~ r3Jl~~_

tJ3T( 1 57 a-LJ(Itl

GEHEltIC HAIlES OF 1fREf IRIHCIPll PROOUCTS

1 t _-FUds QV FUlls) CodIo No

2

3 NIL

ScheclJM 110 22 in siJed y Ihlllolowlg

~ RAJESH CMTUIlElllamp SSOOTES ~ I

bull 0-- di oIlW

SK_ DollId 2lIII1oIat_21110 -- ~IIIfl9r~ampe-~

CEOiCFO Certification

we 11- odbilljji led CU 8ijIlICbltt epacilieliISownn ampIotirIagrIg Dnaor (CEO) IFd Vice o-w (CfO) d soo~ lgtmed(ltgtoCornfrylOlMboltld ardbeIilIl oerIvtrlol-II) we live ~ ee lIIbltgtoamplinInciaI ~ noad wiIIlhe Cash FkM StaIIInWot d Senbo lnOlgtIneS Litnited

1orr-~3middotmiddotIlIntI2Cl0InlSllleNIl t81dart4 l _bIliIf (I Ibullbull de ngl ~ _ilIII Ibullbull or_ ~ lacI or_

lIOilSN1IblI tng _ ~1 __ 111_ I _-~-n_

~ iTa __

(tI) we _ lilbIsIdar if IId bIloII1lIIIlr1nIdOtlStrlIlllIICI tIle~ dUIrog

~_II1e~~arltAl bullbull ~lhe~eoaedCOtQcl

w lIodaN II illla~ d ed aJ onan 1Id C6 - Ked OQi lheCOdeolCcnltudilS~lPylN~_

(e) we UNr1ClllPC abIil beslilllIslqlnl l ODIlIroIIar 18Mll We heltdl ess d oornt sysIImS 01 CalgtanJ IIlilfnonl8 1ejO-- ~ tl tie 8IOIorI rdtlI AIdI COl_ I1olfio I(ies inle desIJl or oplIlllOi01such Itlma eortroII ~ any olwtJdwe arep3fllard stejlS takenorp-oposed 10 blIlallten b rlifov1g slICh oolioencie$

(d we_ tedanw_1MItlaIian tllha adnnllheALoltCo bull

(I Slfiji~~I onIefTaI~_~~ltUIlglher-

jiI Sy d8lJlI f ~-dellaWlg n lNllhe _ ~ lilNIrwlQiIl _

1 _Q$gl_f3UIl ~_=1- I Y gl bullbullbulleor ~I KlIenlhe~-~~-

M$Oillilllshy

c S Choudhuryvo-shy

~Iaqtion

~~tlIIulewr~Eta pnooad -09 (l l1ll(iildl-O_ 1le sma EAlw Ile eacle wbullbull SorirIr 1Mie Fwi lIIIIIlIoM oed eooue Code aJCcrWcl b III yelI endId 31$llllaodl

ForSoriIo hUres ~

shya- 1 bull V Dncb

28

-

-- - --

--

CA91FLOW $TJ1UlENT FOR THE YfJ~ BiDEDtiP IIAACM Z010 -- _shy1IIntltl 2f1

A calli FilM Inn e- gAdMliII5 - shyPdrllDaJrIaolt lD ~ l32ampl t 459 (251303971 ~bDocgt_ l$OnlIamp 134lZft9 ~PdlllJ bIbw IIoIIltlg ~CwlgII 16769 3S$) (1l JOl7I) (ro-~Wilrblil~ (Ottgtr tlan Cash-l CasI1 E~l 3amp521 301 (5510185) Cxh IO ~ fIvn 0parBli0ngt 221511006 116618564j Drreel T_PIId

l CnII FilM Opamng AlttiVitift 2215$il06 lU185641

II CUll Flow from Irwu~ng Acbrilies (248467) ~dr-lI8d~

nbiIg Fonogn etrq VinWI (29701199) ~farCl(lUl F~_

~ Net Call uMd ~ bullbull ~lI Adma

c e-Aoootr-f_ ~_ -edShn CCxlaI

PIgt --blsI tolt ugsReceJi_ d uo-nd u Oftrlb Slaw PrtIdoIl 01 pel ~

NatcII -cI in FNIICiol9 AcIvilieI l2107U43J NehlCi (cIao I lineal_ ~ ecuivaltnls1 8+lt1 (560~)

Oparong B-c orCallIand Cash EquiQIente 907371 eea CI~g BilInel of Cllh and Clsh Equivalanb W 907311

For ftOll_ dlho amp11

CS ClMufhury kIP ~ ob ow- cr amp~lrnIaIY

SIl II I I at Gewaf ~ amp~SfcreWy

bull AUDITORS CERT1ACATE

fila- roe _ QIIfl b e d sa8) MlUSTllIS LUTEDfarhe IlClt ended 31 wm 2010The 81_ beerl__ llr fl CcnopInJ awulIe row =eliIca 32li1il1lillAQl _ SIocIo ~_ _ _ __toBIIliIlaSIIIIMoI cnce CIIIfU-lrW1lIPJflb tliOld~

For gtASH CHATlfltD bull bull ssaxaTES ~laquogtIl ws

DeIeol- 28tl ~ 2010 PrtllU Ho~

29

~---------------~

BOOK POST

Senbo Industries Limited

Registered Office 87 l6fW1 Sarari KoIoaa 700013

Phone a33)2217 891516 Fax 033 2265 9485

Email senboindgmailcom Wilbsile wwwsenboindustriescom

Works KarbBla Sonarpur Station Road

KoIkata 700 103 Phone 033 2434 7339

Fax 033 2434 7341

Page 28: Sixteenth Annual Report 2009-10 - Bombay Stock ExchangeU8il. C8ncer R!sean::I'l lklil5 1il:l!l>tl1l 1lC. In8lldIlIor. lhe I!oItd_

-- --

CUrrtfltYtar shy- - (Moe-) -1 55 -- M5gt I PIWj G M M M M M M532 0_ lt0shy_~

GolI-ampO -- c_C_ -shy

1511 1572 sa-ls-o

-- -- -- -

- U - -- _ar shy_Cshy- - oW bull

~amp2 ---- M

bull bull bull_- -_ M

u uUm-- S bull bull

IS 5 12

0shy - a

1t11Pt a a-M

~

M- M

-

PCIY_- M M

M

1111 M

~~ 11

-

c

l

-

Informationpursuam to PartlYofSchemJItVIof the CompanilsAct 1956

B 1IceSl-fAbaraer_~~8U$-_

REGlSTRATlON DETAILS

~i No CJrI L 22 fTfTi( B I 9J r pT L o amp3Z 7a

llaIIAe Srleel DtIo l 3LlBpIl l amp11 oJ tl CAIIfAL RAISED DLRJ~G THE IEAIl (Arrioln Ra 000)

Pul iIlh I~ ~ Ilo1IIsaoi lonuI1saoe [l~N J t l PO$nOfII OF MllfIl 74TD1 AICl 0euroJlCmlEWT Of FUtClS AIoIIut Ik lDlI ___I bull~ f 5_1 kIII-- bull - -~ si shy

t1L ~ G 2aDi-l - shy- CIl frIJill ill-l412l1lJ ~oIFomds

lei Fuel A- [lj 41T[)l ojsJ ITDillJil Net ClmlIlt Assel5 [-r2T i~ 1_3ill j271T[SS]

N PERFORaLlHCE Of COlIIPAHY (Amwllll RsOOJ)

Tlnll1OII ITI2 -i L i lJIZ3 LL31middot~ r3Jl~~_

tJ3T( 1 57 a-LJ(Itl

GEHEltIC HAIlES OF 1fREf IRIHCIPll PROOUCTS

1 t _-FUds QV FUlls) CodIo No

2

3 NIL

ScheclJM 110 22 in siJed y Ihlllolowlg

~ RAJESH CMTUIlElllamp SSOOTES ~ I

bull 0-- di oIlW

SK_ DollId 2lIII1oIat_21110 -- ~IIIfl9r~ampe-~

CEOiCFO Certification

we 11- odbilljji led CU 8ijIlICbltt epacilieliISownn ampIotirIagrIg Dnaor (CEO) IFd Vice o-w (CfO) d soo~ lgtmed(ltgtoCornfrylOlMboltld ardbeIilIl oerIvtrlol-II) we live ~ ee lIIbltgtoamplinInciaI ~ noad wiIIlhe Cash FkM StaIIInWot d Senbo lnOlgtIneS Litnited

1orr-~3middotmiddotIlIntI2Cl0InlSllleNIl t81dart4 l _bIliIf (I Ibullbull de ngl ~ _ilIII Ibullbull or_ ~ lacI or_

lIOilSN1IblI tng _ ~1 __ 111_ I _-~-n_

~ iTa __

(tI) we _ lilbIsIdar if IId bIloII1lIIIlr1nIdOtlStrlIlllIICI tIle~ dUIrog

~_II1e~~arltAl bullbull ~lhe~eoaedCOtQcl

w lIodaN II illla~ d ed aJ onan 1Id C6 - Ked OQi lheCOdeolCcnltudilS~lPylN~_

(e) we UNr1ClllPC abIil beslilllIslqlnl l ODIlIroIIar 18Mll We heltdl ess d oornt sysIImS 01 CalgtanJ IIlilfnonl8 1ejO-- ~ tl tie 8IOIorI rdtlI AIdI COl_ I1olfio I(ies inle desIJl or oplIlllOi01such Itlma eortroII ~ any olwtJdwe arep3fllard stejlS takenorp-oposed 10 blIlallten b rlifov1g slICh oolioencie$

(d we_ tedanw_1MItlaIian tllha adnnllheALoltCo bull

(I Slfiji~~I onIefTaI~_~~ltUIlglher-

jiI Sy d8lJlI f ~-dellaWlg n lNllhe _ ~ lilNIrwlQiIl _

1 _Q$gl_f3UIl ~_=1- I Y gl bullbullbulleor ~I KlIenlhe~-~~-

M$Oillilllshy

c S Choudhuryvo-shy

~Iaqtion

~~tlIIulewr~Eta pnooad -09 (l l1ll(iildl-O_ 1le sma EAlw Ile eacle wbullbull SorirIr 1Mie Fwi lIIIIIlIoM oed eooue Code aJCcrWcl b III yelI endId 31$llllaodl

ForSoriIo hUres ~

shya- 1 bull V Dncb

28

-

-- - --

--

CA91FLOW $TJ1UlENT FOR THE YfJ~ BiDEDtiP IIAACM Z010 -- _shy1IIntltl 2f1

A calli FilM Inn e- gAdMliII5 - shyPdrllDaJrIaolt lD ~ l32ampl t 459 (251303971 ~bDocgt_ l$OnlIamp 134lZft9 ~PdlllJ bIbw IIoIIltlg ~CwlgII 16769 3S$) (1l JOl7I) (ro-~Wilrblil~ (Ottgtr tlan Cash-l CasI1 E~l 3amp521 301 (5510185) Cxh IO ~ fIvn 0parBli0ngt 221511006 116618564j Drreel T_PIId

l CnII FilM Opamng AlttiVitift 2215$il06 lU185641

II CUll Flow from Irwu~ng Acbrilies (248467) ~dr-lI8d~

nbiIg Fonogn etrq VinWI (29701199) ~farCl(lUl F~_

~ Net Call uMd ~ bullbull ~lI Adma

c e-Aoootr-f_ ~_ -edShn CCxlaI

PIgt --blsI tolt ugsReceJi_ d uo-nd u Oftrlb Slaw PrtIdoIl 01 pel ~

NatcII -cI in FNIICiol9 AcIvilieI l2107U43J NehlCi (cIao I lineal_ ~ ecuivaltnls1 8+lt1 (560~)

Oparong B-c orCallIand Cash EquiQIente 907371 eea CI~g BilInel of Cllh and Clsh Equivalanb W 907311

For ftOll_ dlho amp11

CS ClMufhury kIP ~ ob ow- cr amp~lrnIaIY

SIl II I I at Gewaf ~ amp~SfcreWy

bull AUDITORS CERT1ACATE

fila- roe _ QIIfl b e d sa8) MlUSTllIS LUTEDfarhe IlClt ended 31 wm 2010The 81_ beerl__ llr fl CcnopInJ awulIe row =eliIca 32li1il1lillAQl _ SIocIo ~_ _ _ __toBIIliIlaSIIIIMoI cnce CIIIfU-lrW1lIPJflb tliOld~

For gtASH CHATlfltD bull bull ssaxaTES ~laquogtIl ws

DeIeol- 28tl ~ 2010 PrtllU Ho~

29

~---------------~

BOOK POST

Senbo Industries Limited

Registered Office 87 l6fW1 Sarari KoIoaa 700013

Phone a33)2217 891516 Fax 033 2265 9485

Email senboindgmailcom Wilbsile wwwsenboindustriescom

Works KarbBla Sonarpur Station Road

KoIkata 700 103 Phone 033 2434 7339

Fax 033 2434 7341

Page 29: Sixteenth Annual Report 2009-10 - Bombay Stock ExchangeU8il. C8ncer R!sean::I'l lklil5 1il:l!l>tl1l 1lC. In8lldIlIor. lhe I!oItd_

l

-

Informationpursuam to PartlYofSchemJItVIof the CompanilsAct 1956

B 1IceSl-fAbaraer_~~8U$-_

REGlSTRATlON DETAILS

~i No CJrI L 22 fTfTi( B I 9J r pT L o amp3Z 7a

llaIIAe Srleel DtIo l 3LlBpIl l amp11 oJ tl CAIIfAL RAISED DLRJ~G THE IEAIl (Arrioln Ra 000)

Pul iIlh I~ ~ Ilo1IIsaoi lonuI1saoe [l~N J t l PO$nOfII OF MllfIl 74TD1 AICl 0euroJlCmlEWT Of FUtClS AIoIIut Ik lDlI ___I bull~ f 5_1 kIII-- bull - -~ si shy

t1L ~ G 2aDi-l - shy- CIl frIJill ill-l412l1lJ ~oIFomds

lei Fuel A- [lj 41T[)l ojsJ ITDillJil Net ClmlIlt Assel5 [-r2T i~ 1_3ill j271T[SS]

N PERFORaLlHCE Of COlIIPAHY (Amwllll RsOOJ)

Tlnll1OII ITI2 -i L i lJIZ3 LL31middot~ r3Jl~~_

tJ3T( 1 57 a-LJ(Itl

GEHEltIC HAIlES OF 1fREf IRIHCIPll PROOUCTS

1 t _-FUds QV FUlls) CodIo No

2

3 NIL

ScheclJM 110 22 in siJed y Ihlllolowlg

~ RAJESH CMTUIlElllamp SSOOTES ~ I

bull 0-- di oIlW

SK_ DollId 2lIII1oIat_21110 -- ~IIIfl9r~ampe-~

CEOiCFO Certification

we 11- odbilljji led CU 8ijIlICbltt epacilieliISownn ampIotirIagrIg Dnaor (CEO) IFd Vice o-w (CfO) d soo~ lgtmed(ltgtoCornfrylOlMboltld ardbeIilIl oerIvtrlol-II) we live ~ ee lIIbltgtoamplinInciaI ~ noad wiIIlhe Cash FkM StaIIInWot d Senbo lnOlgtIneS Litnited

1orr-~3middotmiddotIlIntI2Cl0InlSllleNIl t81dart4 l _bIliIf (I Ibullbull de ngl ~ _ilIII Ibullbull or_ ~ lacI or_

lIOilSN1IblI tng _ ~1 __ 111_ I _-~-n_

~ iTa __

(tI) we _ lilbIsIdar if IId bIloII1lIIIlr1nIdOtlStrlIlllIICI tIle~ dUIrog

~_II1e~~arltAl bullbull ~lhe~eoaedCOtQcl

w lIodaN II illla~ d ed aJ onan 1Id C6 - Ked OQi lheCOdeolCcnltudilS~lPylN~_

(e) we UNr1ClllPC abIil beslilllIslqlnl l ODIlIroIIar 18Mll We heltdl ess d oornt sysIImS 01 CalgtanJ IIlilfnonl8 1ejO-- ~ tl tie 8IOIorI rdtlI AIdI COl_ I1olfio I(ies inle desIJl or oplIlllOi01such Itlma eortroII ~ any olwtJdwe arep3fllard stejlS takenorp-oposed 10 blIlallten b rlifov1g slICh oolioencie$

(d we_ tedanw_1MItlaIian tllha adnnllheALoltCo bull

(I Slfiji~~I onIefTaI~_~~ltUIlglher-

jiI Sy d8lJlI f ~-dellaWlg n lNllhe _ ~ lilNIrwlQiIl _

1 _Q$gl_f3UIl ~_=1- I Y gl bullbullbulleor ~I KlIenlhe~-~~-

M$Oillilllshy

c S Choudhuryvo-shy

~Iaqtion

~~tlIIulewr~Eta pnooad -09 (l l1ll(iildl-O_ 1le sma EAlw Ile eacle wbullbull SorirIr 1Mie Fwi lIIIIIlIoM oed eooue Code aJCcrWcl b III yelI endId 31$llllaodl

ForSoriIo hUres ~

shya- 1 bull V Dncb

28

-

-- - --

--

CA91FLOW $TJ1UlENT FOR THE YfJ~ BiDEDtiP IIAACM Z010 -- _shy1IIntltl 2f1

A calli FilM Inn e- gAdMliII5 - shyPdrllDaJrIaolt lD ~ l32ampl t 459 (251303971 ~bDocgt_ l$OnlIamp 134lZft9 ~PdlllJ bIbw IIoIIltlg ~CwlgII 16769 3S$) (1l JOl7I) (ro-~Wilrblil~ (Ottgtr tlan Cash-l CasI1 E~l 3amp521 301 (5510185) Cxh IO ~ fIvn 0parBli0ngt 221511006 116618564j Drreel T_PIId

l CnII FilM Opamng AlttiVitift 2215$il06 lU185641

II CUll Flow from Irwu~ng Acbrilies (248467) ~dr-lI8d~

nbiIg Fonogn etrq VinWI (29701199) ~farCl(lUl F~_

~ Net Call uMd ~ bullbull ~lI Adma

c e-Aoootr-f_ ~_ -edShn CCxlaI

PIgt --blsI tolt ugsReceJi_ d uo-nd u Oftrlb Slaw PrtIdoIl 01 pel ~

NatcII -cI in FNIICiol9 AcIvilieI l2107U43J NehlCi (cIao I lineal_ ~ ecuivaltnls1 8+lt1 (560~)

Oparong B-c orCallIand Cash EquiQIente 907371 eea CI~g BilInel of Cllh and Clsh Equivalanb W 907311

For ftOll_ dlho amp11

CS ClMufhury kIP ~ ob ow- cr amp~lrnIaIY

SIl II I I at Gewaf ~ amp~SfcreWy

bull AUDITORS CERT1ACATE

fila- roe _ QIIfl b e d sa8) MlUSTllIS LUTEDfarhe IlClt ended 31 wm 2010The 81_ beerl__ llr fl CcnopInJ awulIe row =eliIca 32li1il1lillAQl _ SIocIo ~_ _ _ __toBIIliIlaSIIIIMoI cnce CIIIfU-lrW1lIPJflb tliOld~

For gtASH CHATlfltD bull bull ssaxaTES ~laquogtIl ws

DeIeol- 28tl ~ 2010 PrtllU Ho~

29

~---------------~

BOOK POST

Senbo Industries Limited

Registered Office 87 l6fW1 Sarari KoIoaa 700013

Phone a33)2217 891516 Fax 033 2265 9485

Email senboindgmailcom Wilbsile wwwsenboindustriescom

Works KarbBla Sonarpur Station Road

KoIkata 700 103 Phone 033 2434 7339

Fax 033 2434 7341

Page 30: Sixteenth Annual Report 2009-10 - Bombay Stock ExchangeU8il. C8ncer R!sean::I'l lklil5 1il:l!l>tl1l 1lC. In8lldIlIor. lhe I!oItd_

CEOiCFO Certification

we 11- odbilljji led CU 8ijIlICbltt epacilieliISownn ampIotirIagrIg Dnaor (CEO) IFd Vice o-w (CfO) d soo~ lgtmed(ltgtoCornfrylOlMboltld ardbeIilIl oerIvtrlol-II) we live ~ ee lIIbltgtoamplinInciaI ~ noad wiIIlhe Cash FkM StaIIInWot d Senbo lnOlgtIneS Litnited

1orr-~3middotmiddotIlIntI2Cl0InlSllleNIl t81dart4 l _bIliIf (I Ibullbull de ngl ~ _ilIII Ibullbull or_ ~ lacI or_

lIOilSN1IblI tng _ ~1 __ 111_ I _-~-n_

~ iTa __

(tI) we _ lilbIsIdar if IId bIloII1lIIIlr1nIdOtlStrlIlllIICI tIle~ dUIrog

~_II1e~~arltAl bullbull ~lhe~eoaedCOtQcl

w lIodaN II illla~ d ed aJ onan 1Id C6 - Ked OQi lheCOdeolCcnltudilS~lPylN~_

(e) we UNr1ClllPC abIil beslilllIslqlnl l ODIlIroIIar 18Mll We heltdl ess d oornt sysIImS 01 CalgtanJ IIlilfnonl8 1ejO-- ~ tl tie 8IOIorI rdtlI AIdI COl_ I1olfio I(ies inle desIJl or oplIlllOi01such Itlma eortroII ~ any olwtJdwe arep3fllard stejlS takenorp-oposed 10 blIlallten b rlifov1g slICh oolioencie$

(d we_ tedanw_1MItlaIian tllha adnnllheALoltCo bull

(I Slfiji~~I onIefTaI~_~~ltUIlglher-

jiI Sy d8lJlI f ~-dellaWlg n lNllhe _ ~ lilNIrwlQiIl _

1 _Q$gl_f3UIl ~_=1- I Y gl bullbullbulleor ~I KlIenlhe~-~~-

M$Oillilllshy

c S Choudhuryvo-shy

~Iaqtion

~~tlIIulewr~Eta pnooad -09 (l l1ll(iildl-O_ 1le sma EAlw Ile eacle wbullbull SorirIr 1Mie Fwi lIIIIIlIoM oed eooue Code aJCcrWcl b III yelI endId 31$llllaodl

ForSoriIo hUres ~

shya- 1 bull V Dncb

28

-

-- - --

--

CA91FLOW $TJ1UlENT FOR THE YfJ~ BiDEDtiP IIAACM Z010 -- _shy1IIntltl 2f1

A calli FilM Inn e- gAdMliII5 - shyPdrllDaJrIaolt lD ~ l32ampl t 459 (251303971 ~bDocgt_ l$OnlIamp 134lZft9 ~PdlllJ bIbw IIoIIltlg ~CwlgII 16769 3S$) (1l JOl7I) (ro-~Wilrblil~ (Ottgtr tlan Cash-l CasI1 E~l 3amp521 301 (5510185) Cxh IO ~ fIvn 0parBli0ngt 221511006 116618564j Drreel T_PIId

l CnII FilM Opamng AlttiVitift 2215$il06 lU185641

II CUll Flow from Irwu~ng Acbrilies (248467) ~dr-lI8d~

nbiIg Fonogn etrq VinWI (29701199) ~farCl(lUl F~_

~ Net Call uMd ~ bullbull ~lI Adma

c e-Aoootr-f_ ~_ -edShn CCxlaI

PIgt --blsI tolt ugsReceJi_ d uo-nd u Oftrlb Slaw PrtIdoIl 01 pel ~

NatcII -cI in FNIICiol9 AcIvilieI l2107U43J NehlCi (cIao I lineal_ ~ ecuivaltnls1 8+lt1 (560~)

Oparong B-c orCallIand Cash EquiQIente 907371 eea CI~g BilInel of Cllh and Clsh Equivalanb W 907311

For ftOll_ dlho amp11

CS ClMufhury kIP ~ ob ow- cr amp~lrnIaIY

SIl II I I at Gewaf ~ amp~SfcreWy

bull AUDITORS CERT1ACATE

fila- roe _ QIIfl b e d sa8) MlUSTllIS LUTEDfarhe IlClt ended 31 wm 2010The 81_ beerl__ llr fl CcnopInJ awulIe row =eliIca 32li1il1lillAQl _ SIocIo ~_ _ _ __toBIIliIlaSIIIIMoI cnce CIIIfU-lrW1lIPJflb tliOld~

For gtASH CHATlfltD bull bull ssaxaTES ~laquogtIl ws

DeIeol- 28tl ~ 2010 PrtllU Ho~

29

~---------------~

BOOK POST

Senbo Industries Limited

Registered Office 87 l6fW1 Sarari KoIoaa 700013

Phone a33)2217 891516 Fax 033 2265 9485

Email senboindgmailcom Wilbsile wwwsenboindustriescom

Works KarbBla Sonarpur Station Road

KoIkata 700 103 Phone 033 2434 7339

Fax 033 2434 7341

Page 31: Sixteenth Annual Report 2009-10 - Bombay Stock ExchangeU8il. C8ncer R!sean::I'l lklil5 1il:l!l>tl1l 1lC. In8lldIlIor. lhe I!oItd_

-- - --

--

CA91FLOW $TJ1UlENT FOR THE YfJ~ BiDEDtiP IIAACM Z010 -- _shy1IIntltl 2f1

A calli FilM Inn e- gAdMliII5 - shyPdrllDaJrIaolt lD ~ l32ampl t 459 (251303971 ~bDocgt_ l$OnlIamp 134lZft9 ~PdlllJ bIbw IIoIIltlg ~CwlgII 16769 3S$) (1l JOl7I) (ro-~Wilrblil~ (Ottgtr tlan Cash-l CasI1 E~l 3amp521 301 (5510185) Cxh IO ~ fIvn 0parBli0ngt 221511006 116618564j Drreel T_PIId

l CnII FilM Opamng AlttiVitift 2215$il06 lU185641

II CUll Flow from Irwu~ng Acbrilies (248467) ~dr-lI8d~

nbiIg Fonogn etrq VinWI (29701199) ~farCl(lUl F~_

~ Net Call uMd ~ bullbull ~lI Adma

c e-Aoootr-f_ ~_ -edShn CCxlaI

PIgt --blsI tolt ugsReceJi_ d uo-nd u Oftrlb Slaw PrtIdoIl 01 pel ~

NatcII -cI in FNIICiol9 AcIvilieI l2107U43J NehlCi (cIao I lineal_ ~ ecuivaltnls1 8+lt1 (560~)

Oparong B-c orCallIand Cash EquiQIente 907371 eea CI~g BilInel of Cllh and Clsh Equivalanb W 907311

For ftOll_ dlho amp11

CS ClMufhury kIP ~ ob ow- cr amp~lrnIaIY

SIl II I I at Gewaf ~ amp~SfcreWy

bull AUDITORS CERT1ACATE

fila- roe _ QIIfl b e d sa8) MlUSTllIS LUTEDfarhe IlClt ended 31 wm 2010The 81_ beerl__ llr fl CcnopInJ awulIe row =eliIca 32li1il1lillAQl _ SIocIo ~_ _ _ __toBIIliIlaSIIIIMoI cnce CIIIfU-lrW1lIPJflb tliOld~

For gtASH CHATlfltD bull bull ssaxaTES ~laquogtIl ws

DeIeol- 28tl ~ 2010 PrtllU Ho~

29

~---------------~

BOOK POST

Senbo Industries Limited

Registered Office 87 l6fW1 Sarari KoIoaa 700013

Phone a33)2217 891516 Fax 033 2265 9485

Email senboindgmailcom Wilbsile wwwsenboindustriescom

Works KarbBla Sonarpur Station Road

KoIkata 700 103 Phone 033 2434 7339

Fax 033 2434 7341

Page 32: Sixteenth Annual Report 2009-10 - Bombay Stock ExchangeU8il. C8ncer R!sean::I'l lklil5 1il:l!l>tl1l 1lC. In8lldIlIor. lhe I!oItd_

BOOK POST

Senbo Industries Limited

Registered Office 87 l6fW1 Sarari KoIoaa 700013

Phone a33)2217 891516 Fax 033 2265 9485

Email senboindgmailcom Wilbsile wwwsenboindustriescom

Works KarbBla Sonarpur Station Road

KoIkata 700 103 Phone 033 2434 7339

Fax 033 2434 7341