gummadi industries ltd Management discussions

GUMMADI INDUSTRIES LIMITED ANNUAL REPORT 2006-2007 MANAGEMENT DISCUSSION AND ANALYSIS FINANCIAL RESULTS: Summarised financial results for the year ended 31st March 2006 are as under: Your Company has registered a turnover of Rs.0.00 lacs as against NIL during 2005-2006. The loss for the year was Rs.4121 lacs as against Rs.51.81 lacs in the last year. Your Company is potentially sick within the meaning of subsection (1) of Section 23 of the Sick Industrial Companies (Special Provisions) Act, 1985. However, the company is taking every steps to turnaround in this current financial year. The company has implemented one time settlement with bankers ICICI Bank by obtaining funds from directors. LAY OFF For the last few years, our industry have been running with much difficulty in the midst of severe business competition and a considerable dip in the demand for our products due to high Competitive Markets. The company is running under recurring Losses. The Board of Directors of the company is taking all sincere efforts to revive the working of the factory and to make it economically viable. Due to continued depressed market conditions and labour unrest, the company had no other alternative but to opt for lay-off on and from 4th December 2002. Our Management is taking every step in restarting the business after due consultation with our Bankers as well as the Labourers.

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9 out of 10 individual traders in equity Futures and Options Segment, incurred net losses.
On an average, loss makers registered net trading loss close to Rs. 50,000.
Over and above the net trading losses incurred, loss makers expended an additional 28% of net trading losses as transaction costs.
Those making net trading profits, incurred between 15% to 50% of such profits as transaction cost.

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ATTENTION INVESTORS

Prevent Unauthorized Transactions in your demat / trading account Update your Mobile Number/ email Id with your stock broker / Depository Participant. Receive information of your transactions directly from Exchanges on your mobile / email at the end of day and alerts on your registered mobile for all debits and other important transactions in your demat account directly from NSDL/ CDSL on the same day." - Issued in the interest of investors.
KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary.
No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account."

Risk Disclosure on Derivatives

9 out of 10 individual traders in equity Futures and Options Segment, incurred net losses.
On an average, loss makers registered net trading loss close to Rs. 50,000.
Over and above the net trading losses incurred, loss makers expended an additional 28% of net trading losses as transaction costs.
Those making net trading profits, incurred between 15% to 50% of such profits as transaction cost.

Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213, IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248

We are ISO 27001:2013 Certified.

This certificate demonstrates that IIFL as an organization has defined and put in place best-practice information security processes.

gummadi industries ltd Management discussions

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Risk Disclosure on Derivatives

We are ISO 27001:2013 Certified.

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Risk Disclosure on Derivatives

We are ISO 27001:2013 Certified.