UNITED DIAGNOSTIC INTERNATIONAL LIMITED
Your Directors have great pleasure in presenting the 13th Annual report
together with the Audited Accounts for the year ended 31st March, 1994 and
the Auditors Report thereon.
With a view to conserve the Resources of the company, the Directors do not
propose or recommend any dividend.
During the year under report, the company did not invite any Fixed Deposits
under Section 58-A of the Companies Act from the public.
Operations of the company during the year under report, have been
encouraging and the company have achieved further growth in its activities,
the future prospectus of the company are very bright.
CHANGE OF REGISTERED OFFICE:
Pursuant to the decision taken by the Shareholders in their meeting held on
7th March 1994, the petition for change of Registered Office of the Company
had been filed with Company Law Board, Western Region Bench at Bombay. It
is being fixed for hearing.
Shri A.C.Aggrawal and Shri Raj Kumar Gupta retire by rotation and being
eligible offer themselves for re-appointment.
CONSERVATION OF ENERGY, TECHNOLOGY ABSORPTION AND FOREIGN EXCHANGE EARNINGS
The company has no activities to conservation of energy and technology
absorption. The foreign exchange expenditure amounted to Rs. 1,14,42,639
M/s Ramkrishna & Co., Chartered Accountants, Auditors of the Company, hold
office until the conclusion of the ensuing Annual General Meeting and are
eligible for re-appointment. The Board of Directors recommend their re-
Remarks in the Auditor's Report are self-explanatory and do not require any
comments from our side.
Directors place on record their appreciation for the loyalty and devoted
services rendered by all the employees of the Company. No employee of the
company was in receipt of an aggregate remuneration of Rs. 3,00,000/- or
above per annum and therefore provisions of sec. 217 (2A) of the companies
Act, 1956 are not applicable.
Your Directors wish to place on record their appreciation of the whole-
hearted co-operation, received by the Company from various, departments of
the Central Government, State Government, Company's Bankers and Financial
Institutions during the year under review.
For and behalf of the
Board of Directors
Place : Bhopal
Dated : 28th November 1994