EBERS PHARMACEUTICALS LIMITED
ANNUAL REPORT 2000-2001
To the Members of
Ebers Pharmaceuticals Limited
Your Directors present the Twenty Second Annual Report of the Company
together with the Audited Statement of Accounts for the year ended 31st
During the year, the Company achieved total income of Rs. 0 77 Lacs
compared to loss of 3.48 lacs in Previous Year which is a indication of
small improvement compare to Previous Year Since the Global financial
conditions are still not improved the Exports and Local Market is heavily
affected but Company is still trying and hopeful for better working in
Mr Ashok Raval retires by rotation and being eligible, offers himself for
Mr. Anuj Kumar Rathi and Mr. R. Goppu resigned from directorship with
effect from 28.08 2001. The Board wish to place on record their sincere
appreciation for guidance provided by them.
M/s. J. D. Padwal & Co., Chartered Accountants retire at the ensuing Annual
General Meeting and being eligible offers themselves for re-appointment.
Pursuant to the provisions of Section 217(3) of the Companies Act, 1956 the
explanations in respect of the observation made in the Auditors Report are
i) The management is making all efforts and is hopeful of recoveries and
therefore no provision for doubtful debts have been made in respect of
Sundry debtors and advances of Rs. 60.60 Lacs.
ii) Suitable special resolutions pursuant to the requirement of Section
372A are proposed for the approval of the members of the Company at the
ensuing Annual General Meeting.
iii) Other observation made are self explanatory.
PARTICULARS OF EMPLOYEES
There are no employees whose particulars are required to be given under
Section 217(2A) of the Companies Act, 1956 read with the Companies
(Particulars of Employees) Rules, 1975.
CONSERVATION OF ENERGY,TECHNOLOGY ABSORPTION AND FOREIGN EXCHANGE EARNING
Information required to be given pursuant to Section 217(1)(e) read with
Companies (Disclosure of Particulars in the report of the Board of
Directors) Rules, 1988 are given in Annexure annexed to this report.
Your Directors wish to place on record their appreciation and acknowledge
with gratitude, the support and co-operation extended to the Company by the
employees at all level, Bankers, the Central and State Governments and the
For and on behalf of the Board of Directors
S. M. PARANDE
Mumbai : 30.08.2001