Ladam Steels Ltd

BSE: 513420 | NSE: NA | ISIN: NA 
Market Cap: [Rs.Cr.] 0 | Face Value: [Rs.] 10
Industry: Steel - Medium / Small

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Director's Report

LADAM STEELS LIMITED ANNUAL REPORT 1998-1999 DIRECTORS' REPORT To the members of LADAM STEELS LIMITED The Directors have pleasure in presenting the 15th Annual Report and Audited Accounts for the year ended March 31, 1999. DIRECTORS Shri R. Ravi Kumar retires at the forthcoming Annual General Meeting and being eligible offers himself for reappointment. FIXED ASSETS The Company has not accepted any deposits from the public to which the provisions of Section 58A of the Companies Act, 1956 and the Rules framed thereunder are applicable. AUDITORS M/s. C.R. More & Associates, Chartered Accountants, Mumbai, Auditors of the Company hold office till the conclusion of the ensuing Annual General Meeting and are eligible for reappointment. The notes to the accounts referred to in the Auditors Report are self explanatory. PARTICULARS OF EMPLOYEES The information required under section 217 (2A) of the Companies Act, 1956 read with the (Particulars of Employees) Rules 1975, as amended is not given as the same is NIL. CONVERSATION OF ENERGY, TECHNOLOGY ABSORPTION AND FOREIGN EXCHANGE EARNINGS AND OUTGO Information in accordance with the provisions of Section 217 (1)(e) of the Companies Act, 1956 read with companies (Disclosures of Particulars in the Report of Board of Directors) Rules, 1988 regarding regarding conversation of energy, technology absorption and foreign exchange earnings and outgo is given in the Annexure forming part of this report. INDUSTRIAL RELATIONS The Company has maintained excellent industrial relations. There has been no labour trouble and the Company continues to enjoy cordial relations with all its personnel. ACKNOWLEDGEMENT The Board wishes to acknowledge the sincere services rendered by all the staff members and to the valued clients, financial institutions and bankers for their continued support. FOR AND ON BEHALF OF THE BOARD OF DIRECTORS PLACE : THANE B.B. AGGARWAL DATE : 07.09.1999. CHAIRMAN ANNEXURE FORMING PART OF THE DIRECTORS REPORT Particulars required under the Companies (Disclosures of Particulars in the Report of Board of Directors) Rules, 1988. CONSERVATION OF ENERGY The Company is engaged in the process of rolling of hot rolled steel and the standard procedure for the process of rolling of hot rolled steel is adopted by the Company. No modifications can be made in the above process as it may result in relaxation in quality of the finished product. The Company has tied up with Maharashtra State Electricity Board (MSEB) for its power requirements. TECHNOLOGY ABSORPTION The Company does not have any technological tie-up with any Company and hence the question of technology absorption does not aries. FOREIGN EXCHANGE EARNINGS AND OUTGO There have been no foreign exchange earnings or outgoing during the relevant financial year.
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Futures & Options Quote

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Average Price: NA
No. of Contracts Traded: NA
Open Interest: NA
Underlying: NA
Option Type: NA
Market Lot: NA
Previous Close: NA
Day’s High | Low: NA | NA
Turnover (Cr.): NA
Open Int. Change: NA | NA
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Key Information

Key Executives:

B N Srivastava , Chairman 

B B Aggarwal , Managing Director 

S Ashwinikumar , Director 

Sumesh Agarwal , Director 

Company Head Office / Quarters:
Ladam House Opp ITI,
M Road Wagle Indl Estate,
Phone : 91-22-5327701-3/5310778-86
Fax : 91-22-5327704
E-mail :
Web : http://
Online Management Services Ltd
2 Bandra Hill View
85 Hill Road
Bandra (West)
Mumbai - 400 050

Fund Holding

Scheme Name No. of Shares
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