western ministil ltd share price Management discussions
WESTERN MINISTIL LIMITED
ANNUAL REPORT 2005-2006
MANAGEMENT DISCUSSION AND ANALYSIS
The Company has not carried out any operations as the restructuring of the
Company has to be undertaken before any plans for diversification of
business can be contemplated. As of now, the activities continue to remain
at a standstill.
No public deposits have been accepted during the year under review.
Unsecured loans amounting to Rs.478.36 lacs (Previous year Rs.474.83 lacs)
represent money due to associate Companies which liability the Company has
been unable to discharge for want of funds.
The Company has no employees and the affairs of management are conducted by
the directors who have been authorised to this effect.