vazir glass works pvt ltd Management discussions

VAZIR GLASS WORKS PRIVATE LIMITED ANNUAL REPORT 2007-2008 MANAGEMENT DISCUSSION AND ANALYSIS FINANCIAL RESULTS Rs. Profit/(Loss) before Tax (7,62,56,523) Add: Provision for Taxation (10,000) (7,62,66,523) Add: Balance of loss from previous years (41,58,78,980) Balance carried to Balance Sheet (49,21,45,503) 2. OPERATIONS: Members are aware that high production cost in respect of labour, fuel and other overheads at Mumbai compelled the Company to suspend its manufacturing activities of glass vials and bottles at its plant at Andheri East, Mumbai. However, the Company continues its trading operations of glass vials and bottles. OUTLOOK: Your Management is quite hopeful about the future business activities once the present labour problem is solved. Members are aware that loss making manufacturing activities of glass vials and bottles at Companys plant at Andheri (East) Mumbai had been suspended in November, 1992. However, Company continues its trading activities of glass vials and bottles. Inspite of negative net worth Company continues its business operations due to the following reasons:- (1) Managements obligation for future VRS payments to its ex-employees; (2) To take advantage of utilizing its available resources for business ventures in future. Your management is quite optimistic about the business ventures in future once the ongoing labour problem is solved.

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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.

vazir glass works pvt 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.