Paper Mill Plant & Mach. Mfr. Ltd Management Discussions.

PAPER MILL PLANT AND MACHINERY MANUFACTURERS LIMITED ANNUAL REPORT 2005-2006 MANAGEMENT DISCUSSION AND ANALYSIS FINANCIAL RESULTS: The company has incurred loss of Rs.1,334,636/- (Previous year profit Rs.1,40,934/-) during the year. The Company has entered into for providing recreation facilities. PERSONNEL: The Company continues to maintain cordial relations with the workers and officers. The information as per sec. 217(2A)(a)(b) read with the Companies (Particulars of Employees) Rules, 1975 and forming part of the Directors Report is not given as no employee of the company was in receipt of remuneration in excess of the limits prescribed under the Act. PUBLIC DEPOSITS: During the year under review, the Company has not accepted any deposit within the meaning of Sector 58A the Companies Act, 1956, read together with the Companies (Acceptance of Deposit) Rules, 1975.