MADADEV INDUSTRIES LIMITED
1. We report that we have audited the Balance Sheet of Mahadev Industries
Limited [formerly Mahadev Agro Industries Ltd] as at 31st March 1996 and
the relative Profit and Loss Account for the year ended on that date, both
of which we have signed under reference to this report.
2. In our opinion and to the best of our information and according to the
explanations given to us the Balance Sheet and Profit and Loss Account
together with the notes thereof, give in the prescribed manner, the
informations as required by the Companies Act 1956 and also give
respectively a true and fair view of the states of the Companys affairs as
at 31st March 1996.
3. We have obtained all the information and explanations which,to the best
of our knowledge and belief were necessary for our audit. In our opinion
proper books of accounts have been kept as required by law so far as
appears from our examination of the books and the above mentioned accounts
are in agreement therewith.
For Anil Manju & Associates
Place : New Delhi
Dated : 24th June, 1996.
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