MANAGEMENT DISCUSSION AND ANALYSIS
Forward Looking Statements:
This section contains forward-looking statements, which may be identified by their
use of words, like 'plans', 'expects', 'wills', 'anticipates', 'believes', 'intends',
'projects', 'estimates', or other words of similar meaning. All statements that address
expectations or projections about the future, including but not limited to statements
about the company's strategy for growth, product development, market position,
expenditures and financial results are forward-looking statements. Forward-hooking
statements are based on certain assumptions and expectations of future events. The Company
cannot guarantee that these assumptions are accurate or will be realised. The Company's
actual results, performance or achievements could thus differ materially from those
projected in an) such forward looking statements. The company assumes no responsibility to
publicly amend, modify or revise any forward looking statements, on the basis of any
subsequent developments, information or events.
a. Industry Structure and Development
b. Business Prospects And Future Plans
c. Opportunities and Threats
d. Segment-Wise or Product-Wise Performance
e. Outlook
f. Risk and Concerns
g. Internal Control Systems and their Adequacy
h. Discussions on financial Performance with respect to Operational Performance
i. Material Development in Human Resources / Industrial Relations Front, including
Number of People Employed
j. Material Financial and Commercial Transactions
Acknowledgements
The Directors take pleasure in thanking the Company's business associates/ customers,
vendors and bankers for their continued support. The Directors also acknowledge the
appreciation of the sincere efforts, contribution and cooperation of the employees.
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For and on behalf of the Board of Directors |
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Sd/- |
Sd/- |
| Chennai |
(Himalay Dassani) |
(Jai Kishen N Singh) |
| Date: 29th June, 2009 |
Managing Director |
Director |