narang industries ltd Management discussions

THE NARANG INDUSTRIES LIMITED ANNUAL REPORT 2004-2005 MANAGEMENT DISCUSSION AND ANALYSIS ANNEXURE-I Industry Structure and Developments: At present, the Company is not doing any business. It is still exploring the possibilities of re-activating its non-molasses based alcohol manufacturing unit at Aurangabad. Opportunities and Threats: The company had received unsolicited requests from property developers to commercially develop it, property at Aurangabad. The Company does not envisage any threats if the property at Aurangabd is commercially developed. Risks and Concerns: During the year under review, the Company was dealing in trading of shares. An investment in shares involves a high degree of risk, as the revenues and profitability of the Company are dependent on a number of factors. Financial Outlook: The overall performance of the Company during the financial year 2004-05 has not been satisfactory. Future Outlook: The Company has plans either to re-activate its non-molasses based alcohol manufacturing unit at Aurangabad or to commercially develop its property at Aurangabad. Business Segment: The Company has no business segment and as stated above, it is still exploring the possibility of re-activating its non-molasses based alcohol manufacturing project at Aurangabad. Internal Control System: The Company had adequate system of internal control and procedures to ensure efficient conduct of business and security of its assets. Financial Performance: Though the Company was not doing any business, its continued cost control efforts have been able to bring down the fixed financial costs to some extent during the year. Human Resources: As on 31st March, 2005 your Company had only five employees on its muster roll.

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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.
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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

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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.

narang industries ltd Management discussions

ATTENTION INVESTORS

Risk Disclosure on Derivatives

We are ISO 27001:2013 Certified.

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Risk Disclosure on Derivatives

We are ISO 27001:2013 Certified.