MANAGEMENT DISCUSSION AND ANALYSIS
1. Industry structure and development:
The Indian economy is estimated to be growing by around 9% in 2008-09, GDP growth hasalso been noteworthy. However, high oil prices have the potential to affect the economicgrowth.
2. Opportunities, threats and outlook :
The investment activity promises a great opportunity. Ajudicial selection of liquidityand higher yield in the segment is of paramount importance.
3. Segment-wise/product-wise performance:
The company is exploring opportunities for safe and profitable investment and duringthe year under review, the major revenue is from trading in consumer fast moving goods.
4. Risks and concerns:
The company has not made any borrowings and a conservative approach in investing theresources of the company has been taken.
5. Internal control systems and their adequacy :
Adequate internal control systems support the present activities.
6. Discussion on financial performance with respect to operational performance:
Your company's financial performance during 2008-09 was a begining towards finding newavenues of investment and the company is looking forward to stability and improvedfinancial performance.
7. Human Resources:
The company is in the process of creating a conducive environment for attractingsuitable talented candidates in tune with its business plans.
8. Cautionary Statement:
Certain statements in the Management Discussion and Analysis describing the company'sviews about the industry, expectations/ predictions, objectives etc. may be forwardlooking within the meaning of applicable laws and regulations. Actual results may differmaterially from those expressed in the statement. Company's operations may be affectedwith the supply and demand situations, input prices and their availability, changes ingovernment regulations, tax laws and other factors such as industrial relations andeconomic development etc. Shareholders are requested to bear the above in mind.
The particulars of employees as required under section 217(2A) of the Companies Act,1956 and the Companies (Particulars of Employees) Rules, 1975 are not applicable as theCompany has not employed anyone drawing more than the prescribed amount of remuneration.
10. CONSERVATION OF ENERGY. TECHNOLOGY ABSORPTION. FOREIGN EXCHANGE EARNINGS AND OUTGO:
Information required under Sec 217(1)(e) of the Companies Act 1956 read with theCompanies (Disclosure of Particular in the Report of Directors) Rules 1988.
|A) Conservation of Energy ||: Nil |
|B) TechnologyAbsorption ||: Nil |
|C) Research & Development ||: Nil |
|D) Foreign Exchange Earnings Outgo ||: Nil |
| ||BY ORDER OF THE BOARD |
| ||For BETA KAPPA INVESTMENTS LTD. |
| ||Sd/- ||Sd/- |
| ||V. Kunchithapatham ||R. Mohan |
| ||Director ||Director |
|Place : Chennai || || |
|Date : 30.06.2009 || || |