devki cyber securities pvt ltd Management discussions


DEVKI CYBER SECURITIES PRIVATE LIMITED ANNUAL REPORT 2005-2006 MANAGEMENT DISCUSSION AND ANALYSIS B. Operations and Future Outlook Your directors have not been able to effectively carry out planned business activities owing to the fact that its business activities are dependent on the functioning of the M. P. Stock Exchange, whose membership has been taken by the company for carrying out securities trading activities. The Exchange is in the process of completing its Corporatisation and demutualization and business there is most likely to pick up momentum only there-after. However, your Board is hopeful of bringing full fledged business activities back in the company soon as the M. P. Stock Exchange is also most likely to become a demutualised exchange during this year.