STARVOX ELECTRONICS LIMITED ANNUAL REPORT ......Electronics Limited will be held on Thursday, the 27'0 day of September, 2012 at 10.00 a.m. at the Registered office of the Company

STARVOX ELECTRONICS

LIMITED

27th ANNUAL

REPORT bull

amp ACCOUNTS

[2011-2012]

t

STARVOX ELECTRONICS LIMITED

Board of Directors

Shri Jitendra C Mehta

Shri Kandarp R Kinariwala

Shri Chandrakant P Mehta

Shri Gordhandas S Patel

Shri Shirish G Patel

Shri Hasmukh R Modi

Shri Asit R Shah

Auditors

MIS BPA amp Company Chartered Accountants Ahmedabad

Bankers

State Bank Of India

Bank Of Baroda

Registered Office

Plot No 39 Opp Amraiwadi Talavadi AEC Zonal Office Road Amraiwadi Ahmedabad - 380 026 (India)

Managing Director

Director

Director

Director

Director

Director

Additional Director

STARVOX ELECTRONICS LIMITED NOTICE

NOTICE is hereby given that the Twenty Seventh Annual General Meeting of the members of Starvox Electronics Limited will be held on Thursday the 270 day of September 2012 at 1000 am at the Registered office of the Company at Plot No 39 Opp Amraiwadi Talawadi AEC Zonal Office Road Amraiwadi Ahmedabad - 380 0026 to transact the following business

ORDINARY BUSINESS

1 To receive consider and adopt the Balance Sheet as at 31st March 2012 and the Profit amp Loss Account for the period ended on that date together with the Directors and Auditors Report thereon

2 To appoint a Director in place of Mr Gordhandas S Patel who retires by rotation and being eligible offers himself for re-appointment

3 To appoint a Director in place ~f Mr Hasmukh R Modi who retires by rotation and being eligible offers himself for re-appointment

4 To appoint Auditors and to fix their remuneration and in this regard to consider and if thought fit to pass with or without modification(s) the following resolution as an Ordinary Resolution

RESOcttED THAT MIs BPA amp Company Chartered Accountants Ahmedabad (Membership No 31122) be and are hereby re-appointed as Statutory Auditors of the Company to hold office from the conclusion of this Annual General Meeting until the conclusion of the next Annual General Meeting of the Company on such remuneration as shall be fixed by the Board of Directors

SPECIAL BUSINESS

5 To consider and if thought fit to pass with or without modification the following resolution as Ordinary Resolution

RESOLVED THAT MIs M C Gupta amp Co Company Secretaries Ahmedabad be and are hereby appointed as Secretary in Whole-time Practice to issue to the Company the Compliance Certificate as required under Sub-Rule (1) of Rule 3 of Companies (Compliance Certificate) Rules 2001 under Section 383A of the Companies Act 1956 for the Financial year 2011- 2012 at a remuneration which may be determined by the Board of Directors of the Company in consultation with the said Company Secretaries


RESOL VED THAT Mr Asit R Shah who was appointed as an Additional Director of the Company with effect from 20h December 2011 and holds office up to the ensuing Annual General Meeting of the Company under Section 260 of the Companies Act 1956 and in respect of who the Company has received a notice in writing pursuant to Section 257 of the Companies Act 1956 be and is hereby appointed as a Director of the Company whose period of office shall be liable to

determination by retirement of Directors by rotation

BY ORDER OF THE BOARD OF DIRECTORS PLACE AHMEDABAD JITENDRA C MEHTA DATED30h May 2012 MANAGING DIRECTOR NOTES

1 A MEMBER ENTITLED TO ATTEND AND VOTE AT THE MEETING IS ENTITLED TO APPOINT A PROXY TO ATTEND AND VOTE INSTEAD OF HIMSELF AND THE PROXY NEED NOT BE A MEMBER OF THE COMPANY

A proxy in order to be effective should be lodged at the Registered Office of the Company not later than 48 hours of the time of the Annual General Meeting

2 The Register of Members and Share transfer books shall remain closed from 20th September 2012 to 27h September 2012 (both days inclusive)

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3

4

5

6

Members are requested to intimate the change in their addresses if any immediately to the Company bull Members are requested to bring their copy of the Annual Report at the meeting

An Explanatory Statement pursuant to Section 1 73(2) of the Companies Act 1956 in respect of item No 5 and 6 are enclosed

The Shares of the Company are listed at Ahmedabad and Bombay Stock Exchanges

EXPLANATOF~Y STATEMENT

Explanatory Statement pursuant to Section 173(2) of the Companies Act 1956

Item NO5 Pursuant to sub section (1) of 383A of the Companies Act 1956 every company having a paid up capital of Rs 10 Lacs and above is required to file with the Registrar of Companies a Compliance Certificate from a Secretary in Whole-time Practice and a copy of such Certificate shall be attached to the Directors Report referred to in section 217 of the Act

The Board of Directors of your Compally recommends the appointment of MIs MC Gupta amp Co -Company Secretaries Ahmedabad for the financial year 2012middot2013 to furnish a Compliance Certificate for the Company

None of the Director of the Company is in an)1 way concerned or interested in the resolution

Item No 6

Mr Asit R Shah was appointed as Additional Director of the Company at the meeting of the Board of directors of the Company held on 20 December 2011 Pursuant to Section 260 of the Companies Act 1956 he holds office up to the ensuing Innual general Meeting of the Company The Company is in receipt of a Notice from a member of the Company under Section 257 of the Companies Act 1956 proposing his candidature for the office of dinector liable to retire by rotation along with a deposit of Rs 500- Mr Shah is having long business experience His experience would help the company to expand business activities

Your directors recommend passing of the resolution set out at item No 6 of the accompanYlOg notice for your approval None of the directors of the Company except Mr Asit R Shah may be deemed 10

be concerned or interested in the resolution

BY ORDER OF THE BOARD OF DIRECTORS PLACE AHMEDABAD JITENDRA C MEHTA DATED30th May 2012 MANAGING DIRECTOR

2

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27TH ANNUAL REPORT

DIRECTORS REPORT

Dear Shareholders Your Directors have pleasure in presenting the Twenty Seventh Annual Report for the year ended 31st March2012 FINANCIAL PERFORMANCE (Rs)

Current Year Previous Year 2011-2012 2010-2011

Total Income 2221363 6351566 Financial Expenses 12390 4844 Depreciation 141246 153768 p~fit (Loss) Before Taxation (748500) 3591211 k~SS Provision for Income Tax NIL 765000 Less Provision for Deferred Tax NIL NIL Profit After Taxation (748500) 2826211 Less Prior Period adjustment NIL NIL Transfer to General Reserve NIL NIL Surplus Brought Forward (4978778) (7804989) Balance carried to balance Sheet (5727278) (4978778)

The sales and other income during the year has decreased from Rs6351 566- to Rs 2221363- Your Directors are making strenuous efforts to enhance the sale of SMPS and other Products by concerted marketing efforts Your Company has suffered a Loss of Rs7485001- in current year against a profit of Rs 3591211- in the previous year The accumulated losses as at 31st March 2012 stands increased to Rs5727278- With a view to conserve resources your Directors have decided not to recommend any dividend on Equity Shares of the Company for the year under review

DEPOSITS

The Company has not accepted any deposits to which the provisions of Section 58-A of the Companies Act 1956 and the relevant rules made thereunder are applicable CONSERVATION OF ENERGY TECHNOLOGY ABSORPTION AND FOREIGN EXCHANGE EARNINGS AND OUTGO

The particulars regarding Conservation of Energy and Technology Absorption pursuant to Section 217(1) (e) of the Companies Act 1956 are Nil The Company has spent foreign currency of Rs 129144- on account of purchase of raw material and Rs 250001- on traveling expense

PARTICULARS OF EMPLOYEES

There is no employee who is in receipt of remuneration exceeding the limits specified under Section 217(2A) of the Companies Act 1956 and hence the information required there under is not given

DIRECTORS RESPONSIBILITY STATEMENT

The Directors confirm a) that in the preparation of Annual Accounts the applicable Accounting Standards except AS-2

regarding Valuation of Inventories as reported by the Auditors have been followed and that no material departures have been made from the same

b) that they have selected such Accounting Policies and applied them conSistently and made judgments and estimates that are reasonable and prudent so as to give a true and fair view of the state of affairs of the Company at the end of the Financial year and of the Profit or Loss of the Company for that period

c) that they have taken proper and sufficient care for the maintenance of adequate accounting records in accordance with the provisions of The Companies Act 1956 for safeguarding the assets of the Company and for preventing and detecting fraud and other irregularities

d) That they have prepared the Annual Accounts on a GOing concern basis

3


DIRECTORS

Mr Gordhandas S Patel and Mr Hasmukh R Modi the Directors retire by rotation at this Annual General Meeting and being eligible offer themselves for reappointment Mr Asit R Shah was appointed as Additional director of the Company with effect from 20 December 2011 You are requested to accord your approval for their reappointments

CORPORATE GOVERNANCE The paid up Share Capital of the Company is less then Rs 300 Lacs and therefore a report on Corporate Governance pursuant to clause 49 of the Listing Agreement is not annexed

AUDITORS

Mis BPA amp Company Chartered Accountants Ahmedabad retires at the ensuing Annual General Meeting and is eligible for re-appointment You are requested to re-appoint the said Auditors and fix their remuneration

The observations made by the Statutory Auditors of the Company in their report are dealt with in the notes on accounts of the company which are self explanatory

COMPLIANCE CERTIFICATE

In accordance with section 383A of the Companies Act 1956 and Companies (Compliance Certificate) Rules 2001 the company has obtained a Certificate from a Secretary in Whole time Practice that the Company has complied with the provisions of the Companies Act 1956 and a copy of such certificate is annexed to this report

ACKNOWLEDGEMENT

The Board of Directors wishes to express its appreciation for the co-operation received from the Bankers customers and the employees of the Company and look forward to their continued support In the years to come

Place Ahmedabad For and on behalf of Board of Directors Date 30th MaY2012 Jitendra C Mehta

Chairman and Managing Director

4

ELECTRONICS LIMITED

Management Discussions amp Analysis

(A) The present market conditions and peer group review reveal that there is a space and scope for developing the business and to get the momentum A Business unit with adequate technologies and network eyes the better future prospects for growth For this huge funds material technologies and manpower are pre requisites Considering this the SWOT analyses reveal

Opportunity

Opportunities in terms of space and scope are there to catch the track of growth In liberal market conditions companies with strong technology and finance back up are likely to gain

Risk Factors

The Risk factor is but naturally involved in any type of industry including market risk For the company Constant threat of obsolete technologies and deficit of funds fears the management to stand in the competitive market However the company is under process to shake the hands with other corporate to gain the competitive stand and thereby to overcome the market risk

Future Outlook The Company foresees some strategic decision with the other corporate to overcome the stringent condition of the Company and thereby hopes to get a stand in the competitive market That expects the business operation to resume soon during the year

(B) Internal Control System and their Adequacy

The Internal Control System comprises of exercising control at various stages and is established in order to provide reasonable assurance for

i) Safeguarding Assets and their usage ii) Maintenance of Proper Accounting Records and iii) Adequacy and Reliability ofthe information used for carrying on Business Operations

The Managing Director handles most of the day-to-day functions The Directors are regularly looking after all the key areas ofthe Operations Additionally the Audit Committee is reviewing all Audit Plans with significant control over all the matters and issues internal control etc

CORPORATE GOVERNANCE REPORT

1 Companys Philosophy on Code of Governance

As per the listing agreement clause 49 this report on Corporate Governance is given in order to enable the shareholders to get a true and fair view of the companys policies and procedures The main aim ofthe company is to act in the best interest of its shareholders customers employees and society

Your company has been providing a true and fair view of its accounts and policy matters to the shareholders through full transparency and full disclosure For the company its shareholders interests are on the first priority of consideration while taking any decision

bull

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I

Name of Director Designation Attendance Particulars

Total Nos of other Directorship and Membership

BM AG M

Directorship bull Committee Memberships

I Kandarp Kinariwala Director 7 1 6 2

I litendra Mehta I

Managing Director

7 1 1 2

Chandrakant Mehta Director 7 1 1 1 Gordhanbhai Patel Director 2 1 1 -Hasmukhlal Modi Director - - 1 -Shirish Patel Director - - 1 -Asit Shah (w e f 201211)

Director 2 - 1 2

During the year under review seven Board Meetings were held during the year 2011 - 12 The dates on which the meeting held were as follows 29042011 30052011 30072011 22092011 31102011 20122011 30012012 The maximum time gap between any two meetings was not more than four calendar months None of the directors of the company was a member of more than 10 committees nor was the chairman of more than 5 committees across all companies in which heshe was a director

2 Audit Committee

The Board of Directors of Starvox Electronics Limited has constituted an Audit Committee comprising of the following directors The terms of reference of the committee are as provided under the Clause 49 of the Listing Agreement and Section 292A of the Companies Act 1956 The committee verifies the accounting policies framed by the company and gives suggestions for modification of the same as and when required The committee also overlooks the internal audit section of the company The committee met on the following dates to go through the companys accounting policies and presentations

Composition and Attendance of Audit Committee

i

I

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Name of Members of Audit Committee

Designation 280411 i 300511 300711 311 011 300112 I

Mr Kandarp Kinariwala Chairman Mr Asit shah Director - - - - -J

Mr Jitendra Mehta Director Mr Chandrakant Metha Director -V -J -J -J -J I 3 Remuneration of Directors and details of Directors Shareholding

The Company has not set up the Remuneration committee The company needs to disclose all pecuniary relationship or transactions of the executive amp non-executive directors vis-a-vis the company

The Company shall disclose the number of shares and convertible instruments held by non-executive directors in the annual report

Details of Directors Shareholding in the Company are as follows

II Sr No i

Details of present directors No of Shares

I Kandarp Kinariwala 100

2 Jitendra Mehta 57600

3 Hasmukhlal Modi 56000 4 Shirish Patel 76750

5 Asit Shah 200

6 Chandrakant Mehta NIL 7 Gordhanbhai Patel NIL

4 Code of Conduct

The Board of directors of your company have laid down a code of conduct (the Code) applicable to all Board of members and senior management personnel of your company A declaration trom the Managing Director of your company to the effect that all Board members and senior management personnel of your company have affirmed compliance with the Code forms a part ofthis Report

5 Declaration

As provided under Clause 49 of Listing Agreement with the Stock Exchanges the Board Members and the Senior Management Personnel have affirmed compliance with the Code ofConduct for the year ended 3 I st March 2012

6 Investor Grievance Committee

The Company has a ShareholdersInvestors Grievance Committee compnsmg of Shri Asit Shah Shri Kandarp Kinariwala and Shri Jitendra Mehta directors of the company The Committee inter alia approves issue of duplicate share certificates and oversees and reviews all matters cormected with the securities transfer The Committee also looks into redressal of shareholders complaints like transfertransmission of shares non- receipt of Armual Report non receipt of declared dividends etc Shri Asit shah acts as the Chairman of the Committee The Board has designated Shri Jitendra Mehta as the Compliance Officer

There were no investors complaints pending with the Company as on 31032012

8 Details of last three AGM

Year Date Time Venue 2010-11 2209111 1000 am Registered office of the Company 2009-10 2309110 1000 am Registered office of the Company 2008-09 240909 1000 am Registered office of the Company

During the year ended on 31 st March 2012 there have been no resolutions passed by the Companys shareholders through postal ballot

9 Disclosure

(i) Disclosure on materially significant related party transactions There are no transactions with related parties conflicting with the interest of the company at large

(ii) Details of non-compliance by the company penalties and strictures imposed on the Company by the Stock Exchange or SEBJ or any Statutory Authorities on any matter related to capital markets during the last 3 years None in last three years

(iii) Code of Conduct for Prevention of Insider Trading and Code of Corporate Disclosure Practices

STARVOX LIMITED

Pursuant to the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations 1992 as amended the company has formulated adopted and implemented the Code of Conduct for Prevention of Insider Trading and Code ofCorporate Disclosure Practices

(iv) CEOCFO Certification A Certification from the managing Director (CEOCFO) and Senior Manager Finance in terms of Clause 49(V) of the Listing Agreement was placed before the Board of Directors

10 Means of Communication Half yearly and Ouarterlv results

The Company has published its quarterly I half-yearly results in news papers in vernacular and English News Paper and has also updated the same on the website of the Company wwwstarvoxin

11 General Shareholder Information

o Annual General Meeting Details

Date 27092012 Time 1000 am Venue Plot No 3911 Amraiwadi Talawadi AEC Zonal office road

Amraiwadi Ahmedabad - 380026

o Financial Calendar (for the year 2011-2012)

Financial Calendar - Results for the quarter ending on June 30 2011 bull Results for the quarter ending on September 30 20 II Results for the quarter ending on December 31 20 II - Resu Its for the quarter ending on March 31 2012 - Annual General Meeting for the Year 2011-12

o Listinl on Stock Exchanges

o Registered amp Corporate Office

o Stock I Company Code and Market Data

April 20 I I to March 2012 Last week of July 2011 Last week of October 2011 Last week of January 2012 Last week of May 2012 27th September 2012

The Stock Exchange Mumbai The Stock Exchange Ahmedabad

Plot No 391 Amraiwadi Talawadi AEC Zonal office Road Amraiwadi Ahmedabad - 380026

The Company has not yet dematerialized its shares The Company is at the verge of dematerialization of Shares The company has paid listing fees for the year 2011-12 to all the stock exchanges Companys shares have not been traded during the last year through BSE portal

o Share Transfer System amp Dematerialization of Shares

Shares transfer would be registered and returned within a period of 30 days from the date of receipt if the documents are valid in all respects The share transfer committee generally meets every fortnight Total 999600 shares are in physical form The Company is under process to get the Demate Connectivity with Depositories


D Transfer of unclaimed dividends to Investor Education and Protection Fund (lEPF)

Pursuant to the provision of Section 205A (5) of the Companies Act 1956 no dividend is lying unpaid with the company as on to date

D Pecuniary Transactions with the non executive Directors

The Company has not entered into any pecuniary transactions with non-executive Directors during the year

D Share Holding Pattern

The Shareholding pattern as on 31032012 are as follows

No of Equity Shares No of Shareholders of Share Amount in Rupees Share Amount to Held Shareholders Total1

Less than 5000 626 33360009660 3337 5001 to 10000 00775 300000 0300 1000 I to 20000 10 0154 1546500 1547 I

2000 I to 30000 2 0031 562500 0563 I1130001 to 40000 0015 i 375000 0375

214000 I to 50000 0031 _

866000 0867 I

1150001 to 100000 0016 600000 i 0600 10000 I to above I 0016 2410000 I 2411

iTOTAL 648 10000 999600 10000 i

Categories of Shareholders as on 31032012 are as follows

Sr No Categories No of Shareholders

Voting Strength No of Shares

I Individuals 597 3400 339850 2 Bodies Corporate 4 3017 301600 3 PromotersDirectors amp Their relatives 45 2717 271550 4 Employees 0 0 0 5 Non Resident Indians 0 0 0 6 Others 2 866 86600

TOTAL 648 10000 999600

D Registrar amp Transfer Agents

The Company has not appointed Registrar amp Transfer Agent All the share transfer related work is being carried out by the Share Transfer Department

D Non-Mandatory Requirement

I Remuneration Committee The Company has not yet set up the remuneration committee

2 Postal Ballot No item to be passed through postal ballot this year

STARVOX ELECTRONI~C~S~L~IM--=-IT~E=D________________________________

ANNEXURE-A

(A) CONSERVATION OF ENERGY The particulars regarding Conversation of Energy and technology Absorption pursuant to section 217 (1) of the Companies Act 1956 are NIL

(B) TECHNOLOGY ABSORPTION

1 RESEARCH amp DEVELOPMENT NIL

2 TECHNOLOGY ABSORPTION ADAPTION amp INNOVATION NIL

(C) FOREIGN EXCHANGE EARNING I OUTGO I Total foreign exchange used INR25000 2 Total foreign exchange earned NIL

27TH ANNUAL REPORT


Registration No of the Company L32100GJ1986PLC008539 Nominal Capital Rs 10000000shy

The Members Starvox Electronics Limited Plot No 39 Opp Amraiwadi Talavadi AEC Zonal Office Road Amraiwadi Ahmedabad-380 026 We have examined the registers records books and papers of MIS STARVOX ELECTRONICS LIMITED as required to be maintained under the Companies Act 1956 (the Act) and the rules made there under and also the provisions contained in the Memorandum and Articles of Association of the Company for the financial year ended on 31st March 2012 In our opinion and to the best of our information and according to the examinations carried out by us and explanations furnished to us by the Company its officers and agents we certify that in respect of the aforesaid financial year 1 The Company has kept and maintained all registers as stated in Annexure A to this certificate

as per the provisions and the rules made there under and ali entries therein have been duly recorded

2 The Company has filed the forms and returns as stated in Annexure Bn to this certificate with the Registrar of Companies Regional Director Central Government Company Law Board or other authorities under the Act and the rules made there under

3 The Company being public limited company comments are not required 4 The Board of Directors met seven times on 29th April 2011 30th May 2011 30th July 2011 22nd

September 2011 31st October 2011 20th December 2011 and 30th January 2012 in respect of which meetings proper notices were given and the proceedings were properly recorded and signed in the Minutes Book maintained in Loose Leaf Form for the purpose

5 The Company has closed its Register of Member from 15th September 2011 to 22nd September 2011 (both days inclusive) and complied with the provision of Section 154 of the Companies Act 1956

31 s16 The Annual General Meeting for the financial year ended on March 2011 was held on 22nd September 2011 after giving notice to the members of the Company and the resolutions passed thereat were recorded in the Minutes Book maintained for the purpose

7 No Extra Ordinary General Meeting was held during the financial year 8 The Company has not advanced loans to its Directors or persons or firms or companies referred

in Section 295 of the Companies Act 1956 9 The Company has complied with the provisions of Section 297 of the Act in respect of contracts

specified in that Section 10 The Company has made necessary entries in the register maintained under Section 301 of the

Act 11 During the financial year there were no instances falling within the purview of Section 314 of the Act Hence the Company has not obtained any approval from the Board of Directors Members or

Central Government 12 The Company has not issued any duplicate Share Certificates during the financial year 13 The Company

(i) has delivered the share certificates lodged for transfers in accordance with the provisions of the Companies Act 1956 and there was no allotment of shares made during the year

(ii) has not deposited any amount in a separate Bank Account as -no dividend was declared during the year

(iii) was not required to post warrants to any member of the company as no dividend was declared during the financial year

(iv) was not required to transfer any amount to the Investor Education and Protection Fund during the said financial year being unpaid dividend account application money due for refund

5


matured deposits matured debentures and the interest accrued thereon which have remained unclaimed or unpaid for a period of seven years

(v) has complied with the requirements of Section 217 of the Act 14 The Board of Directors of the Company is duly constituted and the appointment of Mr Asit A Shah

as Additional director was duly made There was no other appointment of Additional director Alternate Directors and Directors to fill casual vacancies during the financial year

15 The Company had re- appointed Mr Jitendra C Mehta as Managing Director of the Company with effect from June 2011 for a period of 3 years at the meeting of Board of Directors of the 1st

Company held on 30lh May 2011 and approved by the members at the 26 th Annual General Meeting held on 22nd September 2011 under Schedule XIII of the Companies Act 1956 However the required Return in Form 25C has not been filed

16 The Company has not apPolflted any sole-selling agents during the financial year 17 The Company was not required to obtain any approval of the Central Government Company Law

Board Regional Director Registrar or such other authorities as prescribed under the various provisions of the Act during the financial year

18 The directors have disclosed their interest in other firms companies to the Board of Directors pursuant to the provisions of the Act and rules made there under

19 The Company has not issued any shares debentures or other securities during the financial year 20 The Company has not bought back any Shares I securities during the financial year 21 The Company has not redeemed preference shares or debentures during the financial year 22 There were no transactions necessitating the Company to keep in abeyance nghts to dividend

right shares and bonus shares pending registration of transfer of shares 23 The Company has not invited or accepted any deposits including any unsecured loans falling

within the purview of Section 58A of the Companies Act 1956 during the financial year 24 The amount borrowed by the Company from banks and others during the financial year ending

31st March 2012 is within the borrowing limits of the Company and that necessary resolutions as per Section 293(1)( d) of the Act 1956 has been passed at the Extra Ordinary General Meeting of the Company held on 28th September 1989

25 The Company has not made any loans and investments or given guarantees or provided securities to other bodies corporate in compliance with the provisions of the Act and has made necessary entries in the register kept for the purpose during the financial year

26 The Company has not altered the proviSions of the Memorandum with respect to situation of the Companys Registered Office from one state to another during the year under scrutiny

27 The Company has not altered the provisions of the Memorandum wit~ respect to the objects of the company during the year under scrutiny

28 The Company has not altered the provisions of the Memorandum with respect to the name of the Company during the year under scrutiny

29 The Company has not altered the provisions of the Memorandum with respect to Share Capital of the Company during the year under scrutiny 30 The Company has not altered its Articles of Association during the financial year

31 As confirmed by the management there was no prosecutions initiated against or show cause notices received by the company and no fines or penalties or any other punishment imposed on the company during the financial year for offenses under the Act

32 As confirmed by the Management the Company has not received any money as security from its employees during the financial year

33 The provisions of section 418 of the Companies Act 1956 are not applicable to the Company The Company is depositing the provident fund with the office of the Provident Fund Commissioner

For M C Gupta amp Co Company Secretaries

Place Ahmedabad MAHESH C GUPTA 30thDate May 2012 Proprietor

C P No 1028

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27TH ANNUAL REPORT

ANNEXUREmiddot A

Registers as maintained by the Company

Statutory Registers

1 _ Register of Members uls 150 2 Register of Charges us 143 3 Minutes of the General Meeting us 193 4_ Minutes of the Board Meetings uls 193 5 Register of Contracts uls 301 (3) 6_ Register of Directors Managing Director etc uls 303 7 Register of Directors Shareholding uls 307 8 Register of Investment Loans and Guarantee uls 372A

Other Registers

1 Register of Share Transfer 2 Attendance Register of General Meetings 3 Attendance Register of Board Meetings 4 Register of Power of Attorney

ANNEXUREmiddot B

Forms and Returns as filed by the Company with the Registrar of Companies Regional Director Central Government or other authorities during the financial year ended on 31st March 2012_

Sr Form No1 Filed Short Particulars Receipt Date of No Return uls No Filing

1 FORM-66 383A Filling of Compliance Certificate P73603508 19-10-2ltJ11 Rs 5001shy

2_ FORM-20B 159 Annual Return For The Year u~ ~ P79437703 17-11-2011 Rs 500shy

3 FORM 23AC 220 Balance Sheet for the year P83862631 28-12-2011 XBRL ended 31-03-2011 Rs 5001shy

4 FORM-32 303(2) AppOintment of Mr Asi R Shah B30035851 19-01-2012 as additonal director of the Company Rs 5001shy

7


AUDITORS REPORT To The Members of STARVOX ELECTRONICS LIMITED 1 We have audited the attached Balance Sheet of STARVOX ELECTRONICS LIMITED as at 31 st March

2012 the Profit amp Loss Account and also the Cash Flow Statement for the Year ended on that date annexed thereto These financial statements are the responsibility of the Companies Management Our responsibility is to express an opinion on these financial statements based on our audit

2 We have conducted our audit in accordance with auditing standards generally accepted in India These standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement An audit includes examining on a test basis evidence supporting the amounts and disclosures in the financial statements An audit also includes assessing the accounting principles used and significant estimates made by the management as well as evaluation the overall financial statement presentation We believe that our audit provides a reasonable basis for our opinion

3 As required by the Companies (Auditors Report) Order 2003 issued by the Central Gov Of India in terms of Section 227 (4A) of the Companies Act 1956 we enclose in the annexure a statement on the matters specified in paragraph 4 amp 5 of the said order

4 Further to our comments in the Annexure referred to above we report that a) We have obtained all the information and explanations which to the best of our knowledge and

belief were necessary for the purpose of our Audit b) In our opinion proper books of accounts as required by law have been kept by the company

so far as appears from our examination of these books c) The Balance Sheet Profit amp Loss Account and Cash Flow Statement dealt with this report is

in agreement with the books of account d) In our opinion the Balance Sheet Profit Loss Account and Cash Flow Statement dealt with

by this report comply with the Accounting Standards referred to Section 211 (3C) of the Companies Act 1956 Except AS-2 Valuation of Inventories wherein Stock-in-Trade is valued at cost As informed to us there is no material difference in between the market price amp cost and hence Company has decided to continue to follow the consistent Accounting Policy and AS-22 Taxes on Income)

31 ste) On the basis of written representation received from the Directors as on March 2012 and taken on record by the Board of Directors we report that none of the Director is disqualified as on 31 st March 2012 from being appointed as a Director in terms of clause (g) of sub-section (1) of Section 274 of the Companies Act 1956

f) In our opinion and to the best of our information and according to the explanations given to us the said accounts subject to Note No20 (I) Claims against the Company not acknowledged as debt a) Custom Duty on Capital Goods Rs 89606 b) Custom Duty on Raw Material Rs 42411 c) Royalty Claims by NRDC Rs 85000 d) Claims From SBI for loan Unascertainable

give the information required by the Companies Act 1956 in the manner so required and give a true and fair view in conformity with the accounting principles generally accepted in India I In the case of the Balance Sheet of the state of affairs of the Company as at 31 st March 2012 II In the case of the Profit and Loss Account of the profit for the Year ended on that date III In the case of the Cash Flow Statement of the Cash Flow for the Year ended on that date

For BPA amp COMPANY CHARTERED ACCOUNTANTS

(FR NO - 109685W) Place Ahmedabad B M VASHI

30thDate May 2012 PARTNER M No 31122

Annexure to the Auditors Report (Referred to in Paragraph (3) of our report of even date)

1 (a) The Company has maintained proper records showing full particulars including Quantitative details and situation of fixed assets

(b) All the assets have been physically verified by the management during the year No material discrepancies were noticed on such verification The frequency of such verification was in our opinion reasonable

(c) In our opinion and according to the information and explanations given to us a substantially

27TH ANNUAL REPORT

part of Fixed Assets has not been disposed off by the company during the year 2 a) The inventory has been physically verified during the year by the management In our opinion

the frequency of verification is reasonable b) The procedure of physical verification of inventories followed by the management are

reasonable and adequate in relation to the size of the company and nature of its business c) The company noticed discrepancies on verification between the physical stock and the book

records and they were not material 3 The Company has neither granted nor taken any loans secured or unsecured from the

companies firms or other parties maintained in register under section 301 In our opinion and according to the information and explanations given to us during the course of the audit there are adequate internal control procedures commensurate with size of the company and the nature of its business with regard to purchase of inventory fixed assets and with regard to the sale of goods and services During the course of our audit we have not observed any continuing failure to correct major weaknesses in internal controls

5 a) According to the information and explanations given to us the particulars of contracts or arrangements referred to in Sec 301 of The Act have been entered in the register required to be maintained under that section

b) These transactions pursuant to such contracts are made at price which are reasonable having regard to prevailing market prices at relevant time

6 The Company has not accepted any oeposits from the public during the period and hence question of compliance of RBI directives and provisions of Section 58A and 58M or other proviSions does not arise

7 In our opinion the company has an internal audit system commensurate with the size and the nature of its business lilternal Audit is carried out by an independent firm of Chartered Accountants

8 The Government has not prescribed maintenance of cost records under Section 209 (1) (d) of the Companies Act 1956 for any of the product of the Company

9 a) The Company is regular in depositing undisputed statutory dues such as PF ESI IT ST Central Excise Duty Custom Duty Wealth Tax Service Tax Investor Education amp Protection Fund etc with appropriate authorities and no undisputed amounts payable as on 31 March 2012 were pending for payments

b) Following dues payable to various Government Authorities are disputed and hence not paid or provided for by the Company

Sr Particulars Amount Rs Level at which the dispute is pending 01 Cuom Duty on Capital Goods 89606 CEGAT has remanded the matter and

hearing is completed at Department 02 Custom Duty on Raw Material 42411 Hon Supreme Court 03 Royalty c alms by NRDC 85000 Arbitrator 04 Claims of Interest from SBI unascertainable DRT AHMEDABAD

10 In our opinion the accumulated losses of the Company are more than 50 of jt~ net worth 11 In our opinion and according to the information and explanations given to us the CQmpany has

not defaulted in repayment of dues to financial institutions or bank or debenture rv0dS subject to Note No 20(1) of Notes on Accounts

12 The Company has not granted loans and advances on the baSIS of secunty by way of pledge of shares debentures amp other securities and hence maintenance of records does not arises

13 In our opinion the Company is not chit fund or a nidhi I mutual benefit funds I society therefore the provisions of clause 4 (xiii) are not applicable to the company

14 The Company is not dealing or trading in shares securities Debentures and other investments Therefore the provision of clause 4 (xiv) are not applicable to the company

15 The Company has not given any guarantee for the loans taken by others 16 The Company has not taken any term loans during the year 17 The Company has not used funds raised on short term basis for long term investments 18 The Company has not made any preferential allotment of shares during the year 19 The Company has not issued debentures during the year 20 The Company has not raised money from public issue during the year 21 According to the information and explanations given to us no fraud against the Company or by the

Company has been noticed or reported during the course of our audit For BPA amp COMPANY

CHARTERED ACCOUNTANTS (FR NO - 10968S-W)

Place Ahmedabad B M VASHI 30thDate MAY 2012 PARTNER

M No 31122

9


BALANCE SHEET AS AT 31032012

Particulars Note No As at 31 March As at 31 March 2012 2011

Rs Rs

A EQUITY AND LIABILITIES Shareholders funds (a) Share capital 3 9110000 9110000 (b) Reserves and surplus 4 (4331274) (3582774)

4778726 5S27226 ---shy

2 Current liabilities Other Short Term Liabilities 5 (a) Trade payables 5(a) 599503 437983 (b) Other current liabilities 5(b) 61288 61288 (e) Short-term Provisions 5(c) 0 15000

660791 614271

TOTAL 5439517 614j497

B ASSETS Non-current assets (a) Fixed assets

(i) Tangible assets 6 634031 769310 (b) Long-term loans and advances 7 40268 14268

674299 783578

2 Current assets (a) Inventories 8 1092131 904309 (b) Trade receivables 9 279388 167348 (c) Cash and cash equivalents 10 3152542 4056181 (d) Short-term loans and advances 11 241157 230081

4765218 5357919

TOTAL 5439517 6141497

NOTES FORMING PART OF THE FINANCIAL STATEMENTS 1 TO 22

In terms of our report attached ForBPAampCOMPANY Chartered Accountants (FRNO109685W)

BM Vashi Partner

Place Ahmedabad Date 30tl May 2012

For and on behalf ofthe Board of Directors

Jitendra C Mehta Managing Directormiddot

Directors C P Mehta

KRKinariwala ARShah

Place Ahmedabad Date 30th May 2012

10

27TH ANNUAL REPORT

PROFIT amp LOSS ACCOUNT FOR THE YEAR ENDED ON 31032012

PARTICULARS Note No For the year For the year ended ended

31 March 2012 31 March 2011 Rs Rs

Revenue from operations (net) 12 1892257 1833220 2 Other income 13 329106 4518346

3 Total revenue (1+2) 2221363 6351566

4 Expenses (a) Cost of materials consumed 14 644439 511774 (b) (Increase)Decrease in stock 15 3199 147555 (c) Employee benefits expense 16 1269726 1092778 (d) Interest Expense 17 12390 4844 (e) Depreciation expense 6 141246 153768 (f) Other expenses 18 898863 849636

Total expenses 2969863 2760355 ----shy

5 Profit ( (Loss) before exceptional and extraordinary items and tax (3 - 4) (748500) 3591211

6 Extraordinary items 0 0

7 Profit (Loss) for the year (748500) 3591211 8 Earnings per share 213

(a) Basic (082) 310 (b) Diluted (082) 310

Notes forming part of the financial statements TO 22


B M Vashi Partner

Place Ahmedabad Dale 30th May 2012

For and on behalf of the Board of Directors

Jjtendra C Mehta Managing Director

Directors C P Mehta

KRKinariwala ARShah


11


Cash Flow Statement for the year ended 31 March 2012

Particulars For the year For the year ended ended


A Cash flow from operating activities Net Profit (Loss) before extraordinary items and tax Adjustments for

Depreciation and amortisation (Profit) loss on sale write off of assets Interest Expense Interest income Provision for Income Tax

Operating profit I (loss) before working capital changes Changes in working capital

Inventories Trade receivables Long-term loans and advances Trade payables Other long-term liabilities

Cash flow from operations Net income tax (paid) I refunds

Net cash flow from I (used in) operating activities (A)

B Cash flow from investing activities Capital expenditure on fixed assets Proceeds from sale of fixed assets Interest income

Net cash flow from I (used in) investing activities (B)

C Cash flow from financing activities Interest Expense Net cash flow from I (used in) financing activities (C) Net increase I (decrease) in Cash and cash equivalents (A+B+C) Cash and cash equivalents at the beginning of the year Cash and cash equivalents at the end of the year Cash on hand Balances with banks in current accounts Fixed Deposits with Bank

(748500)

141246 0

12390 (298598)

0 (893462)

(187822) (112040)

612924 (603480)

0 (1183880)

0

(1183880)

(5967) 0

298598

292631

( 12390) (12390)

(903639) 4056181 3152542

29996 30261

3092285

2826211

153768 (4324982)

4844 (177298)

765000 (752457)

189353 (62588)

(138468) (14582) (84258)

(863000) (650000)

(1513000)

(185427) 5150000

177298

5141871

(4844) (4844)

3624027 432154

4056181 3548

(7367) 4060000

In terms of our report attached For BPA amp COMPANY Chartered Accountants (FRNO109685W)

B M Vashi Partner



Jitendra C Mehta Managing Director

Directors C P Mehta

KRKinariwala ARShah


12

27TH ANNUAL REPORT

Notes forming part of the financial statements

Note Particulars

1 Corporate information STAR VOX ELECTRONICS LIMITED was established in 1986 as a public limited Company for manufacturing of (1) Switch Mode Power Supply (SMPS) Units (2) DC-DC Converters (3) Transformers amp Chokes(Magnetic Pats for SMPS amp DC-DC)Company is having its Registered Office and Factory at Plot No 39 Opp Amraiwadi Talavadi AEC Zonal Office Road Amraiwadi Ahmedabad - 380 026 (Gujarat) At Present Company is manufacturing SMPS Power suppliesSMPS based Automatic Battery Chargers and other related products

2 Significant accounting policies 21 Basis of accounting and preparation of financial statements

The financial statements of the Company have been prepared in accordance with the Generally Accepted Accounting Principles in India (Indian GAAP) to comply with the Accounting Standards notified under the Companies (Accounting Standards) Rules 2006 (as amended) and the relevant provisions of the Companies Act 1956 The financial statements have been prepared on accrual basis under the historical cost convention The accounting policies adopted in the preparation of the financial statements are consistent with those followed in the previous year

22 Use of estimates The preparation of the financial statements in conformity with Indian GAAP requires the Management to make estimates and assumptions considered in the reported amounts of assets and liabilities (including contingent liabilities) and the reported income and expenses during the year The Management believes that the estimates used in preparation of the financial statements are prudent and reasonable Future results could differ due to these estimates and

the differences between the actual results and the estimates are recognised in the periods in which the results are known I materialise

23 Inventories Inventories are valued as under a) Raw Material Stores amp Packing Items At Cost b) Stock in Process At Estimated Cost bull c) Finished Goods At Ex-Factory price Excluding ED amp ST d) Dead Stock At Estimated Cost

24 Cash and cash equivalents (for purposes of Cash Flow Statement) Cash comprises cash on hand and demand deposits with banks

25 Cash flow statement Cash flows are reported using the indirect method whereby profit I (loss) before extraordinary items and tax is adjusted for the effects of transactions of non-cash nature and any deferrals or accruals of past or future cash receipts or payments The cash flows from operating investing and financing activities of the Company are segregated based on the available information

26 Depreciation and amortisation Fixed Assets are stated at cost and depreciation is provided on straight line method at the rate specified in Schedule XIV of Companies Act 1956

27 Revenue recognition Sales are excluding sales tax and value added tax

28 Other income Interest income is accounted on accrual basis

29 Tangible fixed assets Fixed Assets are stated at cost

210 Foreign currency transactions and translations Foreign Currency transactions are recorded at the Exchange rate prevailing at the time of purchase and any fluctuation thereon is accounted at the time of actual payments

211 Employee benefits Employee benefits include provident fund ESI gratuity fund and leave encashment Leave Encashment is paid every year and charged to PampL Account For Gratuity Company is contributing to Gratuity Trust Fund to L1C and any difference on actual payment is accounted at the time of payment

13


Particulars As at 31 March 2012 As at 31 March 2011 Number of Amount Rs Number of Amount Rs

shares shares

Note 3 Share capital (a) Authorized Equity shares of Rs10- each with voting rights 1000000 10000000 1000000 10000000 (b) Issued Equity shares of Rs10- each with voting rights 999600 9996000 999600 9996000 (c) Subscribed and fully paid up Equity shares of 510- each with voting rights 822400 8224000 822400 8224000 (d) Subscribed but not fully paid up Equity shares of Rs 10-each with voting rights Rs5i-_ not paid up 177200 886000 177200 886000

Total 999600 9110000 999600 9110000

(I) Reconcilication of the No of shares and amount outstanding at the beginning and at the end of the reporting period

Particulars Opening Other Closing Balance changes Balance

Equity shares with voting rights Year ended 31 March 2012

- Number of shares 999600 o 999600 - Amount (RS 10-) 9110000 o 9110000

Year ended 31 March 2011 Number of shares 999600 o 999600 Amount (RS 10-) 9110000 o 9110000

(ii) Details of shares holding more than 5 shares

Class of shares f Name of sharehotder As at 31 March 2012 As at 31 March 2011 Number of holding in Number of holding in

shares held that class shares held that class of shares of shares

Equity shares with voting rights JITENORA C MEHTA MICRA INVESTMENT S SA ARJUN LEASING amp FINANCE PVTL TD HASMUKH RMOOI SHIRISH GPATEL

(iii) Details of calls unpaid

57600 60000

241000 56000 76750

576 600

2410 560 767

57600 60000

241000 56000 76750

576 600

2410 560 767


shares shares

Equity shares with voting rights Aggregate of calls unpaid by Others 177200 886000 177200 886000

14

27TH ANNUAL REPORT

Particulars As at 31 March As at 31 March 2012 2011 Rs Rs

Note 4 Reserves and surplus (I) STATE CASH SUBSIDY FOR INVESTMENT IN FIXED ASSETS

Opening balance Add Additions I transfers during the year Less Utilisations I transfers during the year Closing balance

(II) INVESTMENT ALLOWANCE UTILISED RESERVE Opening balance Add Additions I transfers during the year Less Utilisations I transfers during the year Closing balance

(III) Surplus(Deficit) in Statement of Profit amp Loss Opening Balance Add ProfiU(Loss) for the year Closing balance

Total Closing balance

Note 5 Other Short Term Liabilities a) Trade Payables Sundry Creditors Creditors for Expenses Duties amp Taxes

b) Other current liabilities Interest accured on SBI Loan

c) Short-term provisions (i) Provision for Income tax (net of advance tax ) Income Tax Provision Less Advance Tax Paid

Net Amount of Provi~ion

Note 6 FIXED ASSETS

1182728 1182728 NIL NIL NIL NIL

1182728 1182728

213276 213276 NIL NIL NIL NIL

213276 213276

(4978778) (7804989) (748500) 2826211

(5727278) (4978778) -

(4331274) (3582774)

212513 77683 385790 358725

1200 1575 599503 437983

61288 61288 61288 61288

NIL 765000 NIL 650000

NIL 115000

Sr Description of Assets Gross Block Accumulated Depreciation Block Net Block No Balance Addition Disposals Balance BaanceDepreciaio~ EliminatedBalanceBalanceBalance

as at asat as at amortisation on disposal as at as at as at 010411 310312 0104 11expense for of assets 310312 310312 310311 the year

Plant amp Ma~linery 2312861 5967 2318828

2 Furniture amp Fixturea 504283 504283

3 Vehicle 561342 561342

4 Office equipment 499573 499573 (Computer Systems)

Others (Dies Jigs amp 234248 234248 Moulds etc

2082303

436919

179477

420994

38895

19939

53473

26306

2121198

456858

232950

447300

197630

47425

328392

52273

230558

67364

381865

78579

223304 2633 225937 8311 10944

Total Rs 4112307 5967 4118274 3342997 141246 3484243 634031 769310

Previous Year 5936275 185427 2009394 4112307 4373606 153769 1184376 3342997 769310 1562669 ==== ==--=shy ====== ---shy -shy ==~=

15



Note 7 Long-term loans and advances (a) Security deposits(Telephone Mobilewith creditors Gov Inst etc)

Unsecured considered good

Total

Note 8 Inventories (a) Raw materials (b) Stores and spares (c) Packing Materials (d) Dead Stock (e) Work-in-progress (Refer Note below)

Total

Note Detaiis of inventory of work-in-progress Product DC POWER SUPPLY (SMPS) UNITS

Total

Note 9 Trade receivables Trade receivables outstanding for a period exceeding six months from the date they were due for payment Unsecured considered good Other Trade receivables Unsecured cOflsidoredQood

Total

Note 10 Cash and cash equivalents (a) Cash on hand (b) Balances with banks

(i) In current accounts (ii) In deposit accounts - Bank FORs (iii) Balances held as security against 00 facility

Total

Note 11 Short-term loans and advances (a) Prepaid expenses - Unsecured considered good (For eg

Insurance premium Annual maintenance contracts etc) (b) Balances with government authorities Unsecured considered good

(i) VAT credit receivable (ii) Service Tax credit receivable (iii) TOS Receivable on FOR Interest (iv) TOS Receivable on Service Charges

(c) Other loans and advances (interest Receivable on Bank FDRs) Secured considered good

Total

16

40268 14268

40268 14268

954984 14806 9895

13794 98652

753702 17095 17867 13794

101851

1092131 904309

98652 101851

98652 101851

20596 20596

258792 146752

279388 167348

29996

30461 2532085

560000

3152542

3548

(7367) 3500000

560000

4056181

10813 9374

867 216

19481 29069

180711

NIL -216

19903 52797

147791

241157 230081

27TH ANNUAL REPORT

Particulars For the Year For the year ended ended

31032012 31032011 Rs Rs

Note 12 Revenue from operations (a) Sale of products (b) services Charges Income

Total

NOTE Sales of DC POWER SUPPLY (SMPS) UNITS

Total - Sale of products Service Charges for DC POWER SUPPLY (SMPS)

Total - Sale of services Note 13 Other Income Interest income on Bank Fixed Deposits Profit on sale of fixed assets Sundry Creditors written back

Total - Other non-operating income

Note 14 Cost of materials consumed Opening stock Add Purchases

Lus ClOSing stock

Cost of material consumed

Material consumed comprises Printed Circuit Boards Capacitors Diodes Transistors Transformers amp Chokes Sheet Metal Parts Other items

Total

Note 15 (Increase)JDescrese in stock Inventories at the end of the year Work-In-progress Inventories at the beginning of the year Work-In-progress

Net( increase) I decrease

17

1658657 1465370 233600 367850

1892257 1833220

1658657 1465370

1658657 233600

1465370 367850

233600 367850

298598 0

30508

177298 4324982

16066

329106 4518346

802458 821628 835460 492604

1637918 131423~ 993479 802458

644439 511774

30066 37887 25573 43730 84583

204623 217977

19905 41353 56891 24050 69207 86097

214271

644439 511774

98652 101851

101851 249406

3199 147555



31032012 31032011 Rs Rs

Note 16 Employee benefits expense Salaries and wages 1114340 963843 Contributions to provident and other funds 153242 126101 Staff welfare expenses 2144 2834

Total 1269726 1092778

Note 17 Interest Expense (a) Interest expense on Banks Overdraft faciity 12390 4844

---shyTotal 12390 4844

56539 0

109555 0

4887 22208 37509

118723 17333

0 95419 15000

0 19159 49390 70377 21469 27575 34325

0 127500

71895

Printing and stationery Expense Freight and forwarding Legal and professional Expense Payments to auditors Bad trade and other receivables loans and advances written off Selling Expense Advertisement Expense Vehicle Expense Entertainment Expense Listing Fees Provident Fund AlC 22122 Excise Duty Expense Technical Consultancy Charges Miscellaneous expenses

Total

Notes (i) Payments to the auditors Comprises As auditors - statutory audit

Total

Note 19 Extraordinary items sale of Land amp Bldg of Gandhinagar

Total

898863 t

849636

15000

15000-__-shy

14891

14891

5150000

5150000

18

38807 3023

39883 0

12554 12023 46660

112637 15731 25740 62665 14891 48900 25873 20520 80722 26300 22060

5774 37551 80250

1170]2

Note 18 Other expenses Power and fuel Water Repairs and maintenance Repairs and maintenance

Repairs and maintenance Insurance Communication Travelling and conveyance

- Buildings - Machinery - Others

Expenses

27TH ANNUAL REPORT

No Particular As at 31 As at 31 March 2012 March 2011

Rs Rs

Note 20 Additional information to the financial statements 1 Claims against the Company not acknowledged as debt

(i) Custom duty on Capital Goods 89606 89606 (ii) Custom duty on Raw Material 42411 42411 (iii) Royalty claim by NRDC 85000 85000 (iv) Claims from SBI for loan (Refer Noe below) Unascertainable Unascertainable The State Bank of India had obtained a consent decree on 23101997 After that various OTS scheme were offered and as per the scheme company had made payments of principal amount as well as interest The State Bank of India had informed the company vide letter dated 28072008 that the company was not eligible for OTS Scheme and had demanded payments as per the decree dat~d 23101997 and had gone to DRT for the same Now Recovery Officer has given judgement in favour of the company against which State Bank of India has gone in appeal to DRT

2 The year-end foreign currency exposures that have not been hedged by a derivative instrument or otherwise are given below

Receivable(Payable) NIL (Rs 11488) Receivable(Payable) NIL (US$250) in Foreign currency

3 Value of imports calculated on elF basis Raw materials 38745 29336

4 Expenditure in foreign currency Travelling Expense 25000 23053

5 Details of consumption of imported and indigenous items (i) Imported

Raw materials 129144 104445 2004 2041

(ii) Indigenous Raw materials 515295 407319

7996 7959

19


Particulars Year ended on Year ended on 31 March 2012 31 March 2011

Rs Rs

Note 21 Disclosures under Accounting Standards 1 Employee benefits

Contribution to Pro Fund amp Pension 72952 50~)64

Contibution to ESI 30440 2+850 Contibution to Group Gratuity Trust 49850 50833 Staff Welfare Expense 2144 2834 Labour Welfare Fund NIL 54 Total 155386 128935

2 Related party transactions Details of related parties Description of relationship Key Management Personnel (KMP) Mr Jitendra CMehta(Mg Director) Relatives of KMP Mr Kunal Mehta( Son of KMP) Details of related party transactions Particulars Relative ofKMP Purchase of goods 38745 29336 Balances outstanding at the end of the yeaf NIL 11488

3 Earnings per share Particulars Basic Net profit I (loss) for the year from continuing operations (748500) 2826211 attributable to the equity shareholders (748500) 2826211 Weighted average number of equity shares 911000 911000 Par value per share 10 10 Earnings per share from continuing operations - BDiluted (excluding extraordinary items)

asic (082) 310

Net profit I (loss) for the year from continuing operations (748500) 2826211 Weighted average number of equity shares for Basic EPS 911000 911000 Par value per share 10 10 Earnings per share from continuing operations eextraordinary items Diluted

xcluding (082) 310

Note 22 Previous years figures The Revised Schedule VI has become effective from 1 April 2011 for the preparation of financial statements This has significantly impacted the disclosure and presentation made in themiddot financial statements Previous years figures have been regrouped I reclassified wherever necessary to correspond with the current years classification I disclosure

20

I I I STARVOX ELECTRONICS LIMITED I Regd Office Plot No 39 Opp Amraiwadi Talavadi AEC Zonal Office RoadAmraiwadi Ahmedabad-380 026

I FQRM OF PROXY llNe _______________________________________________________________________

I of ___________________________ in the district of _______________________________I being a membermembers of the above named Company hereby appoint ___________________ _ I _____________________________ in the district of ___________________ or failing himI _____________________________ of ____________________________ in the district of I

I _____________________________ as myour Proxy to attend and vote for meus and on my

I our behalf at the Twenty Seventh Annual General Meeting of the Company to be held at 1000 AM on I Thursday the 27th September 2012 or at any adjournment thereof I 1I Signed this -~_____~_________~_______ day oC__________________________________ 2012

I I Regd Folio No __________________ Signature ________I No of Shares held ___________________I I Notes

Affix 15 Paise Revenue Stamp

I (1) The form should be signed across the stamp as per specimen signature registered with the Company I (2) A proxy need not be a member

(3) The form thus completed should be deposited at the Registered Office of the Company not less than 48 1 hours before the time for holding the meetingI

1 STARVOX ELECTRONICS LIMITED I Regd Office Plot No 39 Opp Amraiwadi Talavadi AEC Zonal Office Road Amraiwadi Ahmedabad-3~0026

1 ATIENDANCE SLIP 1

I Please complete the Attendance Slip and hand it over at the entrance of the Meeting Hall

I Regd Folio No __________________ No of Shares held _____________________I

I Full Name of the Shareholder ---------------------------------------------------- shyI [ In Block Letters 1

I Full name of the Proxy ________________________________ ________________________ _ I [ To be filed if the proxy attends instead of the Member 1I

I I hereby record my presence at 27th Annual General Meeting of the Company at Registered Office atI 1000 AM on Thursday the 27th September 2012 I

Signature of the attending MemberProxy ______________________________________________I I

Note (1) Shareholdersproxy holders wishing to attend the Meeting must bring the Attendance Slip toI the Meeting and hand over the same duly signed at the entrance I (2) Shareholdersproxyholders disiring to attend the Meeting should bring their copy of the

I Annual Report as spare copies will not be available in the Meeting I I

bull

shy

BOOK POST

I

If undelivered please return to ST ARVOX ELECTRONICS LIMITED Regd_ Office Plot No 39 Opp Amraiwadi Talavacli AEC Zonal Office Road Amraiwadi Ahmedabad-380 026

t


Board of Directors

Shri Jitendra C Mehta

Shri Kandarp R Kinariwala

Shri Chandrakant P Mehta

Shri Gordhandas S Patel

Shri Shirish G Patel

Shri Hasmukh R Modi

Shri Asit R Shah

Auditors

MIS BPA amp Company Chartered Accountants Ahmedabad

Bankers

State Bank Of India

Bank Of Baroda

Registered Office

Plot No 39 Opp Amraiwadi Talavadi AEC Zonal Office Road Amraiwadi Ahmedabad - 380 026 (India)

Managing Director

Director

Director

Director

Director

Director

Additional Director



ORDINARY BUSINESS






SPECIAL BUSINESS










-


3

4

5

6









Item No 6





2

t

27TH ANNUAL REPORT

DIRECTORS REPORT





DEPOSITS











3


DIRECTORS



AUDITORS





ACKNOWLEDGEMENT




4

ELECTRONICS LIMITED



Opportunity


Risk Factors











bull

I

I

I



BM AG M



I litendra Mehta I

Managing Director

7 1 1 2


Director 2 - 1 2


2 Audit Committee



i

I

I I


Designation 280411 i 300511 300711 311 011 300112 I






II Sr No i





5 Asit Shah 200


4 Code of Conduct


5 Declaration








9 Disclosure




STARVOX LIMITED




























Less than 5000 626 33360009660 3337 5001 to 10000 00775 300000 0300 1000 I to 20000 10 0154 1546500 1547 I

2000 I to 30000 2 0031 562500 0563 I1130001 to 40000 0015 i 375000 0375

214000 I to 50000 0031 _

866000 0867 I

1150001 to 100000 0016 600000 i 0600 10000 I to above I 0016 2410000 I 2411

iTOTAL 648 10000 999600 10000 i





TOTAL 648 10000 999600







ANNEXURE-A






27TH ANNUAL REPORT



















5
























C P No 1028

6

---------------- ---~-~-----

27TH ANNUAL REPORT

ANNEXUREmiddot A


Statutory Registers


Other Registers


ANNEXUREmiddot B







7





















27TH ANNUAL REPORT
























M No 31122

9




Rs Rs


4778726 5S27226 ---shy


660791 614271

TOTAL 5439517 614j497



674299 783578


4765218 5357919

TOTAL 5439517 6141497



BM Vashi Partner




Directors C P Mehta

KRKinariwala ARShah


10

27TH ANNUAL REPORT





3 Total revenue (1+2) 2221363 6351566






(a) Basic (082) 310 (b) Diluted (082) 310



B M Vashi Partner




Directors C P Mehta

KRKinariwala ARShah


11














(748500)

141246 0

12390 (298598)

0 (893462)

(187822) (112040)

612924 (603480)

0 (1183880)

0

(1183880)

(5967) 0

298598

292631

( 12390) (12390)

(903639) 4056181 3152542

29996 30261

3092285

2826211

153768 (4324982)

4844 (177298)

765000 (752457)

189353 (62588)

(138468) (14582) (84258)

(863000) (650000)

(1513000)

(185427) 5150000

177298

5141871

(4844) (4844)

3624027 432154

4056181 3548

(7367) 4060000


B M Vashi Partner




Directors C P Mehta

KRKinariwala ARShah


12

27TH ANNUAL REPORT


Note Particulars















13



shares shares


Total 999600 9110000 999600 9110000











57600 60000

241000 56000 76750

576 600

2410 560 767

57600 60000

241000 56000 76750

576 600

2410 560 767


shares shares


14

27TH ANNUAL REPORT











Note 6 FIXED ASSETS

1182728 1182728 NIL NIL NIL NIL

1182728 1182728


213276 213276

(4978778) (7804989) (748500) 2826211

(5727278) (4978778) -

(4331274) (3582774)

212513 77683 385790 358725

1200 1575 599503 437983

61288 61288 61288 61288

NIL 765000 NIL 650000

NIL 115000





3 Vehicle 561342 561342



2082303

436919

179477

420994

38895

19939

53473

26306

2121198

456858

232950

447300

197630

47425

328392

52273

230558

67364

381865

78579

223304 2633 225937 8311 10944

Total Rs 4112307 5967 4118274 3342997 141246 3484243 634031 769310


15





Total


Total


Total


Total



Total





Total

16

40268 14268

40268 14268

954984 14806 9895

13794 98652

753702 17095 17867 13794

101851

1092131 904309

98652 101851

98652 101851

20596 20596

258792 146752

279388 167348

29996

30461 2532085

560000

3152542

3548

(7367) 3500000

560000

4056181

10813 9374

867 216

19481 29069

180711

NIL -216

19903 52797

147791

241157 230081

27TH ANNUAL REPORT


31032012 31032011 Rs Rs


Total






Lus ClOSing stock



Total



17

1658657 1465370 233600 367850

1892257 1833220

1658657 1465370

1658657 233600

1465370 367850

233600 367850

298598 0

30508

177298 4324982

16066

329106 4518346

802458 821628 835460 492604

1637918 131423~ 993479 802458

644439 511774

30066 37887 25573 43730 84583

204623 217977

19905 41353 56891 24050 69207 86097

214271

644439 511774

98652 101851

101851 249406

3199 147555



31032012 31032011 Rs Rs


Total 1269726 1092778


---shyTotal 12390 4844

56539 0

109555 0

4887 22208 37509

118723 17333

0 95419 15000

0 19159 49390 70377 21469 27575 34325

0 127500

71895


Total


Total


Total

898863 t

849636

15000

15000-__-shy

14891

14891

5150000

5150000

18

38807 3023

39883 0

12554 12023 46660

112637 15731 25740 62665 14891 48900 25873 20520 80722 26300 22060

5774 37551 80250

1170]2




Expenses

27TH ANNUAL REPORT


Rs Rs








Raw materials 129144 104445 2004 2041


7996 7959

19



Rs Rs






asic (082) 310


xcluding (082) 310


20











1 ATIENDANCE SLIP 1









bull

shy

BOOK POST

I




ORDINARY BUSINESS






SPECIAL BUSINESS










-


3

4

5

6









Item No 6





2

t

27TH ANNUAL REPORT

DIRECTORS REPORT





DEPOSITS











3


DIRECTORS



AUDITORS





ACKNOWLEDGEMENT




4

ELECTRONICS LIMITED



Opportunity


Risk Factors











bull

I

I

I



BM AG M



I litendra Mehta I

Managing Director

7 1 1 2


Director 2 - 1 2


2 Audit Committee



i

I

I I


Designation 280411 i 300511 300711 311 011 300112 I






II Sr No i





5 Asit Shah 200


4 Code of Conduct


5 Declaration








9 Disclosure




STARVOX LIMITED




























Less than 5000 626 33360009660 3337 5001 to 10000 00775 300000 0300 1000 I to 20000 10 0154 1546500 1547 I

2000 I to 30000 2 0031 562500 0563 I1130001 to 40000 0015 i 375000 0375

214000 I to 50000 0031 _

866000 0867 I

1150001 to 100000 0016 600000 i 0600 10000 I to above I 0016 2410000 I 2411

iTOTAL 648 10000 999600 10000 i





TOTAL 648 10000 999600







ANNEXURE-A






27TH ANNUAL REPORT



















5
























C P No 1028

6

---------------- ---~-~-----

27TH ANNUAL REPORT

ANNEXUREmiddot A


Statutory Registers


Other Registers


ANNEXUREmiddot B







7





















27TH ANNUAL REPORT
























M No 31122

9




Rs Rs


4778726 5S27226 ---shy


660791 614271

TOTAL 5439517 614j497



674299 783578


4765218 5357919

TOTAL 5439517 6141497



BM Vashi Partner




Directors C P Mehta

KRKinariwala ARShah


10

27TH ANNUAL REPORT





3 Total revenue (1+2) 2221363 6351566






(a) Basic (082) 310 (b) Diluted (082) 310



B M Vashi Partner




Directors C P Mehta

KRKinariwala ARShah


11














(748500)

141246 0

12390 (298598)

0 (893462)

(187822) (112040)

612924 (603480)

0 (1183880)

0

(1183880)

(5967) 0

298598

292631

( 12390) (12390)

(903639) 4056181 3152542

29996 30261

3092285

2826211

153768 (4324982)

4844 (177298)

765000 (752457)

189353 (62588)

(138468) (14582) (84258)

(863000) (650000)

(1513000)

(185427) 5150000

177298

5141871

(4844) (4844)

3624027 432154

4056181 3548

(7367) 4060000


B M Vashi Partner




Directors C P Mehta

KRKinariwala ARShah


12

27TH ANNUAL REPORT


Note Particulars















13



shares shares


Total 999600 9110000 999600 9110000











57600 60000

241000 56000 76750

576 600

2410 560 767

57600 60000

241000 56000 76750

576 600

2410 560 767


shares shares


14

27TH ANNUAL REPORT











Note 6 FIXED ASSETS

1182728 1182728 NIL NIL NIL NIL

1182728 1182728


213276 213276

(4978778) (7804989) (748500) 2826211

(5727278) (4978778) -

(4331274) (3582774)

212513 77683 385790 358725

1200 1575 599503 437983

61288 61288 61288 61288

NIL 765000 NIL 650000

NIL 115000





3 Vehicle 561342 561342



2082303

436919

179477

420994

38895

19939

53473

26306

2121198

456858

232950

447300

197630

47425

328392

52273

230558

67364

381865

78579

223304 2633 225937 8311 10944

Total Rs 4112307 5967 4118274 3342997 141246 3484243 634031 769310


15





Total


Total


Total


Total



Total





Total

16

40268 14268

40268 14268

954984 14806 9895

13794 98652

753702 17095 17867 13794

101851

1092131 904309

98652 101851

98652 101851

20596 20596

258792 146752

279388 167348

29996

30461 2532085

560000

3152542

3548

(7367) 3500000

560000

4056181

10813 9374

867 216

19481 29069

180711

NIL -216

19903 52797

147791

241157 230081

27TH ANNUAL REPORT


31032012 31032011 Rs Rs


Total






Lus ClOSing stock



Total



17

1658657 1465370 233600 367850

1892257 1833220

1658657 1465370

1658657 233600

1465370 367850

233600 367850

298598 0

30508

177298 4324982

16066

329106 4518346

802458 821628 835460 492604

1637918 131423~ 993479 802458

644439 511774

30066 37887 25573 43730 84583

204623 217977

19905 41353 56891 24050 69207 86097

214271

644439 511774

98652 101851

101851 249406

3199 147555



31032012 31032011 Rs Rs


Total 1269726 1092778


---shyTotal 12390 4844

56539 0

109555 0

4887 22208 37509

118723 17333

0 95419 15000

0 19159 49390 70377 21469 27575 34325

0 127500

71895


Total


Total


Total

898863 t

849636

15000

15000-__-shy

14891

14891

5150000

5150000

18

38807 3023

39883 0

12554 12023 46660

112637 15731 25740 62665 14891 48900 25873 20520 80722 26300 22060

5774 37551 80250

1170]2




Expenses

27TH ANNUAL REPORT


Rs Rs








Raw materials 129144 104445 2004 2041


7996 7959

19



Rs Rs






asic (082) 310


xcluding (082) 310


20











1 ATIENDANCE SLIP 1









bull

shy

BOOK POST

I


-


3

4

5

6









Item No 6





2

t

27TH ANNUAL REPORT

DIRECTORS REPORT





DEPOSITS











3


DIRECTORS



AUDITORS





ACKNOWLEDGEMENT




4

ELECTRONICS LIMITED



Opportunity


Risk Factors











bull

I

I

I



BM AG M



I litendra Mehta I

Managing Director

7 1 1 2


Director 2 - 1 2


2 Audit Committee



i

I

I I


Designation 280411 i 300511 300711 311 011 300112 I






II Sr No i





5 Asit Shah 200


4 Code of Conduct


5 Declaration








9 Disclosure




STARVOX LIMITED




























Less than 5000 626 33360009660 3337 5001 to 10000 00775 300000 0300 1000 I to 20000 10 0154 1546500 1547 I

2000 I to 30000 2 0031 562500 0563 I1130001 to 40000 0015 i 375000 0375

214000 I to 50000 0031 _

866000 0867 I

1150001 to 100000 0016 600000 i 0600 10000 I to above I 0016 2410000 I 2411

iTOTAL 648 10000 999600 10000 i





TOTAL 648 10000 999600







ANNEXURE-A






27TH ANNUAL REPORT



















5
























C P No 1028

6

---------------- ---~-~-----

27TH ANNUAL REPORT

ANNEXUREmiddot A


Statutory Registers


Other Registers


ANNEXUREmiddot B







7





















27TH ANNUAL REPORT
























M No 31122

9




Rs Rs


4778726 5S27226 ---shy


660791 614271

TOTAL 5439517 614j497



674299 783578


4765218 5357919

TOTAL 5439517 6141497



BM Vashi Partner




Directors C P Mehta

KRKinariwala ARShah


10

27TH ANNUAL REPORT





3 Total revenue (1+2) 2221363 6351566






(a) Basic (082) 310 (b) Diluted (082) 310



B M Vashi Partner




Directors C P Mehta

KRKinariwala ARShah


11














(748500)

141246 0

12390 (298598)

0 (893462)

(187822) (112040)

612924 (603480)

0 (1183880)

0

(1183880)

(5967) 0

298598

292631

( 12390) (12390)

(903639) 4056181 3152542

29996 30261

3092285

2826211

153768 (4324982)

4844 (177298)

765000 (752457)

189353 (62588)

(138468) (14582) (84258)

(863000) (650000)

(1513000)

(185427) 5150000

177298

5141871

(4844) (4844)

3624027 432154

4056181 3548

(7367) 4060000


B M Vashi Partner




Directors C P Mehta

KRKinariwala ARShah


12

27TH ANNUAL REPORT


Note Particulars















13



shares shares


Total 999600 9110000 999600 9110000











57600 60000

241000 56000 76750

576 600

2410 560 767

57600 60000

241000 56000 76750

576 600

2410 560 767


shares shares


14

27TH ANNUAL REPORT











Note 6 FIXED ASSETS

1182728 1182728 NIL NIL NIL NIL

1182728 1182728


213276 213276

(4978778) (7804989) (748500) 2826211

(5727278) (4978778) -

(4331274) (3582774)

212513 77683 385790 358725

1200 1575 599503 437983

61288 61288 61288 61288

NIL 765000 NIL 650000

NIL 115000





3 Vehicle 561342 561342



2082303

436919

179477

420994

38895

19939

53473

26306

2121198

456858

232950

447300

197630

47425

328392

52273

230558

67364

381865

78579

223304 2633 225937 8311 10944

Total Rs 4112307 5967 4118274 3342997 141246 3484243 634031 769310


15





Total


Total


Total


Total



Total





Total

16

40268 14268

40268 14268

954984 14806 9895

13794 98652

753702 17095 17867 13794

101851

1092131 904309

98652 101851

98652 101851

20596 20596

258792 146752

279388 167348

29996

30461 2532085

560000

3152542

3548

(7367) 3500000

560000

4056181

10813 9374

867 216

19481 29069

180711

NIL -216

19903 52797

147791

241157 230081

27TH ANNUAL REPORT


31032012 31032011 Rs Rs


Total






Lus ClOSing stock



Total



17

1658657 1465370 233600 367850

1892257 1833220

1658657 1465370

1658657 233600

1465370 367850

233600 367850

298598 0

30508

177298 4324982

16066

329106 4518346

802458 821628 835460 492604

1637918 131423~ 993479 802458

644439 511774

30066 37887 25573 43730 84583

204623 217977

19905 41353 56891 24050 69207 86097

214271

644439 511774

98652 101851

101851 249406

3199 147555



31032012 31032011 Rs Rs


Total 1269726 1092778


---shyTotal 12390 4844

56539 0

109555 0

4887 22208 37509

118723 17333

0 95419 15000

0 19159 49390 70377 21469 27575 34325

0 127500

71895


Total


Total


Total

898863 t

849636

15000

15000-__-shy

14891

14891

5150000

5150000

18

38807 3023

39883 0

12554 12023 46660

112637 15731 25740 62665 14891 48900 25873 20520 80722 26300 22060

5774 37551 80250

1170]2




Expenses

27TH ANNUAL REPORT


Rs Rs








Raw materials 129144 104445 2004 2041


7996 7959

19



Rs Rs






asic (082) 310


xcluding (082) 310


20











1 ATIENDANCE SLIP 1









bull

shy

BOOK POST

I


27TH ANNUAL REPORT

DIRECTORS REPORT





DEPOSITS











3


DIRECTORS



AUDITORS





ACKNOWLEDGEMENT




4

ELECTRONICS LIMITED



Opportunity


Risk Factors











bull

I

I

I



BM AG M



I litendra Mehta I

Managing Director

7 1 1 2


Director 2 - 1 2


2 Audit Committee



i

I

I I


Designation 280411 i 300511 300711 311 011 300112 I






II Sr No i





5 Asit Shah 200


4 Code of Conduct


5 Declaration








9 Disclosure




STARVOX LIMITED




























Less than 5000 626 33360009660 3337 5001 to 10000 00775 300000 0300 1000 I to 20000 10 0154 1546500 1547 I

2000 I to 30000 2 0031 562500 0563 I1130001 to 40000 0015 i 375000 0375

214000 I to 50000 0031 _

866000 0867 I

1150001 to 100000 0016 600000 i 0600 10000 I to above I 0016 2410000 I 2411

iTOTAL 648 10000 999600 10000 i





TOTAL 648 10000 999600







ANNEXURE-A






27TH ANNUAL REPORT



















5
























C P No 1028

6

---------------- ---~-~-----

27TH ANNUAL REPORT

ANNEXUREmiddot A


Statutory Registers


Other Registers


ANNEXUREmiddot B







7





















27TH ANNUAL REPORT
























M No 31122

9




Rs Rs


4778726 5S27226 ---shy


660791 614271

TOTAL 5439517 614j497



674299 783578


4765218 5357919

TOTAL 5439517 6141497



BM Vashi Partner




Directors C P Mehta

KRKinariwala ARShah


10

27TH ANNUAL REPORT





3 Total revenue (1+2) 2221363 6351566






(a) Basic (082) 310 (b) Diluted (082) 310



B M Vashi Partner




Directors C P Mehta

KRKinariwala ARShah


11














(748500)

141246 0

12390 (298598)

0 (893462)

(187822) (112040)

612924 (603480)

0 (1183880)

0

(1183880)

(5967) 0

298598

292631

( 12390) (12390)

(903639) 4056181 3152542

29996 30261

3092285

2826211

153768 (4324982)

4844 (177298)

765000 (752457)

189353 (62588)

(138468) (14582) (84258)

(863000) (650000)

(1513000)

(185427) 5150000

177298

5141871

(4844) (4844)

3624027 432154

4056181 3548

(7367) 4060000


B M Vashi Partner




Directors C P Mehta

KRKinariwala ARShah


12

27TH ANNUAL REPORT


Note Particulars















13



shares shares


Total 999600 9110000 999600 9110000











57600 60000

241000 56000 76750

576 600

2410 560 767

57600 60000

241000 56000 76750

576 600

2410 560 767


shares shares


14

27TH ANNUAL REPORT











Note 6 FIXED ASSETS

1182728 1182728 NIL NIL NIL NIL

1182728 1182728


213276 213276

(4978778) (7804989) (748500) 2826211

(5727278) (4978778) -

(4331274) (3582774)

212513 77683 385790 358725

1200 1575 599503 437983

61288 61288 61288 61288

NIL 765000 NIL 650000

NIL 115000





3 Vehicle 561342 561342



2082303

436919

179477

420994

38895

19939

53473

26306

2121198

456858

232950

447300

197630

47425

328392

52273

230558

67364

381865

78579

223304 2633 225937 8311 10944

Total Rs 4112307 5967 4118274 3342997 141246 3484243 634031 769310


15





Total


Total


Total


Total



Total





Total

16

40268 14268

40268 14268

954984 14806 9895

13794 98652

753702 17095 17867 13794

101851

1092131 904309

98652 101851

98652 101851

20596 20596

258792 146752

279388 167348

29996

30461 2532085

560000

3152542

3548

(7367) 3500000

560000

4056181

10813 9374

867 216

19481 29069

180711

NIL -216

19903 52797

147791

241157 230081

27TH ANNUAL REPORT


31032012 31032011 Rs Rs


Total






Lus ClOSing stock



Total



17

1658657 1465370 233600 367850

1892257 1833220

1658657 1465370

1658657 233600

1465370 367850

233600 367850

298598 0

30508

177298 4324982

16066

329106 4518346

802458 821628 835460 492604

1637918 131423~ 993479 802458

644439 511774

30066 37887 25573 43730 84583

204623 217977

19905 41353 56891 24050 69207 86097

214271

644439 511774

98652 101851

101851 249406

3199 147555



31032012 31032011 Rs Rs


Total 1269726 1092778


---shyTotal 12390 4844

56539 0

109555 0

4887 22208 37509

118723 17333

0 95419 15000

0 19159 49390 70377 21469 27575 34325

0 127500

71895


Total


Total


Total

898863 t

849636

15000

15000-__-shy

14891

14891

5150000

5150000

18

38807 3023

39883 0

12554 12023 46660

112637 15731 25740 62665 14891 48900 25873 20520 80722 26300 22060

5774 37551 80250

1170]2




Expenses

27TH ANNUAL REPORT


Rs Rs








Raw materials 129144 104445 2004 2041


7996 7959

19



Rs Rs






asic (082) 310


xcluding (082) 310


20











1 ATIENDANCE SLIP 1









bull

shy

BOOK POST

I



DIRECTORS



AUDITORS





ACKNOWLEDGEMENT




4

ELECTRONICS LIMITED



Opportunity


Risk Factors











bull

I

I

I



BM AG M



I litendra Mehta I

Managing Director

7 1 1 2


Director 2 - 1 2


2 Audit Committee



i

I

I I


Designation 280411 i 300511 300711 311 011 300112 I






II Sr No i





5 Asit Shah 200


4 Code of Conduct


5 Declaration








9 Disclosure




STARVOX LIMITED




























Less than 5000 626 33360009660 3337 5001 to 10000 00775 300000 0300 1000 I to 20000 10 0154 1546500 1547 I

2000 I to 30000 2 0031 562500 0563 I1130001 to 40000 0015 i 375000 0375

214000 I to 50000 0031 _

866000 0867 I

1150001 to 100000 0016 600000 i 0600 10000 I to above I 0016 2410000 I 2411

iTOTAL 648 10000 999600 10000 i





TOTAL 648 10000 999600







ANNEXURE-A






27TH ANNUAL REPORT



















5
























C P No 1028

6

---------------- ---~-~-----

27TH ANNUAL REPORT

ANNEXUREmiddot A


Statutory Registers


Other Registers


ANNEXUREmiddot B







7





















27TH ANNUAL REPORT
























M No 31122

9




Rs Rs


4778726 5S27226 ---shy


660791 614271

TOTAL 5439517 614j497



674299 783578


4765218 5357919

TOTAL 5439517 6141497



BM Vashi Partner




Directors C P Mehta

KRKinariwala ARShah


10

27TH ANNUAL REPORT





3 Total revenue (1+2) 2221363 6351566






(a) Basic (082) 310 (b) Diluted (082) 310



B M Vashi Partner




Directors C P Mehta

KRKinariwala ARShah


11














(748500)

141246 0

12390 (298598)

0 (893462)

(187822) (112040)

612924 (603480)

0 (1183880)

0

(1183880)

(5967) 0

298598

292631

( 12390) (12390)

(903639) 4056181 3152542

29996 30261

3092285

2826211

153768 (4324982)

4844 (177298)

765000 (752457)

189353 (62588)

(138468) (14582) (84258)

(863000) (650000)

(1513000)

(185427) 5150000

177298

5141871

(4844) (4844)

3624027 432154

4056181 3548

(7367) 4060000


B M Vashi Partner




Directors C P Mehta

KRKinariwala ARShah


12

27TH ANNUAL REPORT


Note Particulars















13



shares shares


Total 999600 9110000 999600 9110000











57600 60000

241000 56000 76750

576 600

2410 560 767

57600 60000

241000 56000 76750

576 600

2410 560 767


shares shares


14

27TH ANNUAL REPORT











Note 6 FIXED ASSETS

1182728 1182728 NIL NIL NIL NIL

1182728 1182728


213276 213276

(4978778) (7804989) (748500) 2826211

(5727278) (4978778) -

(4331274) (3582774)

212513 77683 385790 358725

1200 1575 599503 437983

61288 61288 61288 61288

NIL 765000 NIL 650000

NIL 115000





3 Vehicle 561342 561342



2082303

436919

179477

420994

38895

19939

53473

26306

2121198

456858

232950

447300

197630

47425

328392

52273

230558

67364

381865

78579

223304 2633 225937 8311 10944

Total Rs 4112307 5967 4118274 3342997 141246 3484243 634031 769310


15





Total


Total


Total


Total



Total





Total

16

40268 14268

40268 14268

954984 14806 9895

13794 98652

753702 17095 17867 13794

101851

1092131 904309

98652 101851

98652 101851

20596 20596

258792 146752

279388 167348

29996

30461 2532085

560000

3152542

3548

(7367) 3500000

560000

4056181

10813 9374

867 216

19481 29069

180711

NIL -216

19903 52797

147791

241157 230081

27TH ANNUAL REPORT


31032012 31032011 Rs Rs


Total






Lus ClOSing stock



Total



17

1658657 1465370 233600 367850

1892257 1833220

1658657 1465370

1658657 233600

1465370 367850

233600 367850

298598 0

30508

177298 4324982

16066

329106 4518346

802458 821628 835460 492604

1637918 131423~ 993479 802458

644439 511774

30066 37887 25573 43730 84583

204623 217977

19905 41353 56891 24050 69207 86097

214271

644439 511774

98652 101851

101851 249406

3199 147555



31032012 31032011 Rs Rs


Total 1269726 1092778


---shyTotal 12390 4844

56539 0

109555 0

4887 22208 37509

118723 17333

0 95419 15000

0 19159 49390 70377 21469 27575 34325

0 127500

71895


Total


Total


Total

898863 t

849636

15000

15000-__-shy

14891

14891

5150000

5150000

18

38807 3023

39883 0

12554 12023 46660

112637 15731 25740 62665 14891 48900 25873 20520 80722 26300 22060

5774 37551 80250

1170]2




Expenses

27TH ANNUAL REPORT


Rs Rs








Raw materials 129144 104445 2004 2041


7996 7959

19



Rs Rs






asic (082) 310


xcluding (082) 310


20











1 ATIENDANCE SLIP 1









bull

shy

BOOK POST

I


ELECTRONICS LIMITED



Opportunity


Risk Factors











bull

I

I

I



BM AG M



I litendra Mehta I

Managing Director

7 1 1 2


Director 2 - 1 2


2 Audit Committee



i

I

I I


Designation 280411 i 300511 300711 311 011 300112 I






II Sr No i





5 Asit Shah 200


4 Code of Conduct


5 Declaration








9 Disclosure




STARVOX LIMITED




























Less than 5000 626 33360009660 3337 5001 to 10000 00775 300000 0300 1000 I to 20000 10 0154 1546500 1547 I

2000 I to 30000 2 0031 562500 0563 I1130001 to 40000 0015 i 375000 0375

214000 I to 50000 0031 _

866000 0867 I

1150001 to 100000 0016 600000 i 0600 10000 I to above I 0016 2410000 I 2411

iTOTAL 648 10000 999600 10000 i





TOTAL 648 10000 999600







ANNEXURE-A






27TH ANNUAL REPORT



















5
























C P No 1028

6

---------------- ---~-~-----

27TH ANNUAL REPORT

ANNEXUREmiddot A


Statutory Registers


Other Registers


ANNEXUREmiddot B







7





















27TH ANNUAL REPORT
























M No 31122

9




Rs Rs


4778726 5S27226 ---shy


660791 614271

TOTAL 5439517 614j497



674299 783578


4765218 5357919

TOTAL 5439517 6141497



BM Vashi Partner




Directors C P Mehta

KRKinariwala ARShah


10

27TH ANNUAL REPORT





3 Total revenue (1+2) 2221363 6351566






(a) Basic (082) 310 (b) Diluted (082) 310



B M Vashi Partner




Directors C P Mehta

KRKinariwala ARShah


11














(748500)

141246 0

12390 (298598)

0 (893462)

(187822) (112040)

612924 (603480)

0 (1183880)

0

(1183880)

(5967) 0

298598

292631

( 12390) (12390)

(903639) 4056181 3152542

29996 30261

3092285

2826211

153768 (4324982)

4844 (177298)

765000 (752457)

189353 (62588)

(138468) (14582) (84258)

(863000) (650000)

(1513000)

(185427) 5150000

177298

5141871

(4844) (4844)

3624027 432154

4056181 3548

(7367) 4060000


B M Vashi Partner




Directors C P Mehta

KRKinariwala ARShah


12

27TH ANNUAL REPORT


Note Particulars















13



shares shares


Total 999600 9110000 999600 9110000











57600 60000

241000 56000 76750

576 600

2410 560 767

57600 60000

241000 56000 76750

576 600

2410 560 767


shares shares


14

27TH ANNUAL REPORT











Note 6 FIXED ASSETS

1182728 1182728 NIL NIL NIL NIL

1182728 1182728


213276 213276

(4978778) (7804989) (748500) 2826211

(5727278) (4978778) -

(4331274) (3582774)

212513 77683 385790 358725

1200 1575 599503 437983

61288 61288 61288 61288

NIL 765000 NIL 650000

NIL 115000





3 Vehicle 561342 561342



2082303

436919

179477

420994

38895

19939

53473

26306

2121198

456858

232950

447300

197630

47425

328392

52273

230558

67364

381865

78579

223304 2633 225937 8311 10944

Total Rs 4112307 5967 4118274 3342997 141246 3484243 634031 769310


15





Total


Total


Total


Total



Total





Total

16

40268 14268

40268 14268

954984 14806 9895

13794 98652

753702 17095 17867 13794

101851

1092131 904309

98652 101851

98652 101851

20596 20596

258792 146752

279388 167348

29996

30461 2532085

560000

3152542

3548

(7367) 3500000

560000

4056181

10813 9374

867 216

19481 29069

180711

NIL -216

19903 52797

147791

241157 230081

27TH ANNUAL REPORT


31032012 31032011 Rs Rs


Total






Lus ClOSing stock



Total



17

1658657 1465370 233600 367850

1892257 1833220

1658657 1465370

1658657 233600

1465370 367850

233600 367850

298598 0

30508

177298 4324982

16066

329106 4518346

802458 821628 835460 492604

1637918 131423~ 993479 802458

644439 511774

30066 37887 25573 43730 84583

204623 217977

19905 41353 56891 24050 69207 86097

214271

644439 511774

98652 101851

101851 249406

3199 147555



31032012 31032011 Rs Rs


Total 1269726 1092778


---shyTotal 12390 4844

56539 0

109555 0

4887 22208 37509

118723 17333

0 95419 15000

0 19159 49390 70377 21469 27575 34325

0 127500

71895


Total


Total


Total

898863 t

849636

15000

15000-__-shy

14891

14891

5150000

5150000

18

38807 3023

39883 0

12554 12023 46660

112637 15731 25740 62665 14891 48900 25873 20520 80722 26300 22060

5774 37551 80250

1170]2




Expenses

27TH ANNUAL REPORT


Rs Rs








Raw materials 129144 104445 2004 2041


7996 7959

19



Rs Rs






asic (082) 310


xcluding (082) 310


20











1 ATIENDANCE SLIP 1









bull

shy

BOOK POST

I


I

I

I



BM AG M



I litendra Mehta I

Managing Director

7 1 1 2


Director 2 - 1 2


2 Audit Committee



i

I

I I


Designation 280411 i 300511 300711 311 011 300112 I






II Sr No i





5 Asit Shah 200


4 Code of Conduct


5 Declaration








9 Disclosure




STARVOX LIMITED




























Less than 5000 626 33360009660 3337 5001 to 10000 00775 300000 0300 1000 I to 20000 10 0154 1546500 1547 I

2000 I to 30000 2 0031 562500 0563 I1130001 to 40000 0015 i 375000 0375

214000 I to 50000 0031 _

866000 0867 I

1150001 to 100000 0016 600000 i 0600 10000 I to above I 0016 2410000 I 2411

iTOTAL 648 10000 999600 10000 i





TOTAL 648 10000 999600







ANNEXURE-A






27TH ANNUAL REPORT



















5
























C P No 1028

6

---------------- ---~-~-----

27TH ANNUAL REPORT

ANNEXUREmiddot A


Statutory Registers


Other Registers


ANNEXUREmiddot B







7





















27TH ANNUAL REPORT
























M No 31122

9




Rs Rs


4778726 5S27226 ---shy


660791 614271

TOTAL 5439517 614j497



674299 783578


4765218 5357919

TOTAL 5439517 6141497



BM Vashi Partner




Directors C P Mehta

KRKinariwala ARShah


10

27TH ANNUAL REPORT





3 Total revenue (1+2) 2221363 6351566






(a) Basic (082) 310 (b) Diluted (082) 310



B M Vashi Partner




Directors C P Mehta

KRKinariwala ARShah


11














(748500)

141246 0

12390 (298598)

0 (893462)

(187822) (112040)

612924 (603480)

0 (1183880)

0

(1183880)

(5967) 0

298598

292631

( 12390) (12390)

(903639) 4056181 3152542

29996 30261

3092285

2826211

153768 (4324982)

4844 (177298)

765000 (752457)

189353 (62588)

(138468) (14582) (84258)

(863000) (650000)

(1513000)

(185427) 5150000

177298

5141871

(4844) (4844)

3624027 432154

4056181 3548

(7367) 4060000


B M Vashi Partner




Directors C P Mehta

KRKinariwala ARShah


12

27TH ANNUAL REPORT


Note Particulars















13



shares shares


Total 999600 9110000 999600 9110000











57600 60000

241000 56000 76750

576 600

2410 560 767

57600 60000

241000 56000 76750

576 600

2410 560 767


shares shares


14

27TH ANNUAL REPORT











Note 6 FIXED ASSETS

1182728 1182728 NIL NIL NIL NIL

1182728 1182728


213276 213276

(4978778) (7804989) (748500) 2826211

(5727278) (4978778) -

(4331274) (3582774)

212513 77683 385790 358725

1200 1575 599503 437983

61288 61288 61288 61288

NIL 765000 NIL 650000

NIL 115000





3 Vehicle 561342 561342



2082303

436919

179477

420994

38895

19939

53473

26306

2121198

456858

232950

447300

197630

47425

328392

52273

230558

67364

381865

78579

223304 2633 225937 8311 10944

Total Rs 4112307 5967 4118274 3342997 141246 3484243 634031 769310


15





Total


Total


Total


Total



Total





Total

16

40268 14268

40268 14268

954984 14806 9895

13794 98652

753702 17095 17867 13794

101851

1092131 904309

98652 101851

98652 101851

20596 20596

258792 146752

279388 167348

29996

30461 2532085

560000

3152542

3548

(7367) 3500000

560000

4056181

10813 9374

867 216

19481 29069

180711

NIL -216

19903 52797

147791

241157 230081

27TH ANNUAL REPORT


31032012 31032011 Rs Rs


Total






Lus ClOSing stock



Total



17

1658657 1465370 233600 367850

1892257 1833220

1658657 1465370

1658657 233600

1465370 367850

233600 367850

298598 0

30508

177298 4324982

16066

329106 4518346

802458 821628 835460 492604

1637918 131423~ 993479 802458

644439 511774

30066 37887 25573 43730 84583

204623 217977

19905 41353 56891 24050 69207 86097

214271

644439 511774

98652 101851

101851 249406

3199 147555



31032012 31032011 Rs Rs


Total 1269726 1092778


---shyTotal 12390 4844

56539 0

109555 0

4887 22208 37509

118723 17333

0 95419 15000

0 19159 49390 70377 21469 27575 34325

0 127500

71895


Total


Total


Total

898863 t

849636

15000

15000-__-shy

14891

14891

5150000

5150000

18

38807 3023

39883 0

12554 12023 46660

112637 15731 25740 62665 14891 48900 25873 20520 80722 26300 22060

5774 37551 80250

1170]2




Expenses

27TH ANNUAL REPORT


Rs Rs








Raw materials 129144 104445 2004 2041


7996 7959

19



Rs Rs






asic (082) 310


xcluding (082) 310


20











1 ATIENDANCE SLIP 1









bull

shy

BOOK POST

I


II Sr No i





5 Asit Shah 200


4 Code of Conduct


5 Declaration








9 Disclosure




STARVOX LIMITED




























Less than 5000 626 33360009660 3337 5001 to 10000 00775 300000 0300 1000 I to 20000 10 0154 1546500 1547 I

2000 I to 30000 2 0031 562500 0563 I1130001 to 40000 0015 i 375000 0375

214000 I to 50000 0031 _

866000 0867 I

1150001 to 100000 0016 600000 i 0600 10000 I to above I 0016 2410000 I 2411

iTOTAL 648 10000 999600 10000 i





TOTAL 648 10000 999600







ANNEXURE-A






27TH ANNUAL REPORT



















5
























C P No 1028

6

---------------- ---~-~-----

27TH ANNUAL REPORT

ANNEXUREmiddot A


Statutory Registers


Other Registers


ANNEXUREmiddot B







7





















27TH ANNUAL REPORT
























M No 31122

9




Rs Rs


4778726 5S27226 ---shy


660791 614271

TOTAL 5439517 614j497



674299 783578


4765218 5357919

TOTAL 5439517 6141497



BM Vashi Partner




Directors C P Mehta

KRKinariwala ARShah


10

27TH ANNUAL REPORT





3 Total revenue (1+2) 2221363 6351566






(a) Basic (082) 310 (b) Diluted (082) 310



B M Vashi Partner




Directors C P Mehta

KRKinariwala ARShah


11














(748500)

141246 0

12390 (298598)

0 (893462)

(187822) (112040)

612924 (603480)

0 (1183880)

0

(1183880)

(5967) 0

298598

292631

( 12390) (12390)

(903639) 4056181 3152542

29996 30261

3092285

2826211

153768 (4324982)

4844 (177298)

765000 (752457)

189353 (62588)

(138468) (14582) (84258)

(863000) (650000)

(1513000)

(185427) 5150000

177298

5141871

(4844) (4844)

3624027 432154

4056181 3548

(7367) 4060000


B M Vashi Partner




Directors C P Mehta

KRKinariwala ARShah


12

27TH ANNUAL REPORT


Note Particulars















13



shares shares


Total 999600 9110000 999600 9110000











57600 60000

241000 56000 76750

576 600

2410 560 767

57600 60000

241000 56000 76750

576 600

2410 560 767


shares shares


14

27TH ANNUAL REPORT











Note 6 FIXED ASSETS

1182728 1182728 NIL NIL NIL NIL

1182728 1182728


213276 213276

(4978778) (7804989) (748500) 2826211

(5727278) (4978778) -

(4331274) (3582774)

212513 77683 385790 358725

1200 1575 599503 437983

61288 61288 61288 61288

NIL 765000 NIL 650000

NIL 115000





3 Vehicle 561342 561342



2082303

436919

179477

420994

38895

19939

53473

26306

2121198

456858

232950

447300

197630

47425

328392

52273

230558

67364

381865

78579

223304 2633 225937 8311 10944

Total Rs 4112307 5967 4118274 3342997 141246 3484243 634031 769310


15





Total


Total


Total


Total



Total





Total

16

40268 14268

40268 14268

954984 14806 9895

13794 98652

753702 17095 17867 13794

101851

1092131 904309

98652 101851

98652 101851

20596 20596

258792 146752

279388 167348

29996

30461 2532085

560000

3152542

3548

(7367) 3500000

560000

4056181

10813 9374

867 216

19481 29069

180711

NIL -216

19903 52797

147791

241157 230081

27TH ANNUAL REPORT


31032012 31032011 Rs Rs


Total






Lus ClOSing stock



Total



17

1658657 1465370 233600 367850

1892257 1833220

1658657 1465370

1658657 233600

1465370 367850

233600 367850

298598 0

30508

177298 4324982

16066

329106 4518346

802458 821628 835460 492604

1637918 131423~ 993479 802458

644439 511774

30066 37887 25573 43730 84583

204623 217977

19905 41353 56891 24050 69207 86097

214271

644439 511774

98652 101851

101851 249406

3199 147555



31032012 31032011 Rs Rs


Total 1269726 1092778


---shyTotal 12390 4844

56539 0

109555 0

4887 22208 37509

118723 17333

0 95419 15000

0 19159 49390 70377 21469 27575 34325

0 127500

71895


Total


Total


Total

898863 t

849636

15000

15000-__-shy

14891

14891

5150000

5150000

18

38807 3023

39883 0

12554 12023 46660

112637 15731 25740 62665 14891 48900 25873 20520 80722 26300 22060

5774 37551 80250

1170]2




Expenses

27TH ANNUAL REPORT


Rs Rs








Raw materials 129144 104445 2004 2041


7996 7959

19



Rs Rs






asic (082) 310


xcluding (082) 310


20











1 ATIENDANCE SLIP 1









bull

shy

BOOK POST

I


STARVOX LIMITED




























Less than 5000 626 33360009660 3337 5001 to 10000 00775 300000 0300 1000 I to 20000 10 0154 1546500 1547 I

2000 I to 30000 2 0031 562500 0563 I1130001 to 40000 0015 i 375000 0375

214000 I to 50000 0031 _

866000 0867 I

1150001 to 100000 0016 600000 i 0600 10000 I to above I 0016 2410000 I 2411

iTOTAL 648 10000 999600 10000 i





TOTAL 648 10000 999600







ANNEXURE-A






27TH ANNUAL REPORT



















5
























C P No 1028

6

---------------- ---~-~-----

27TH ANNUAL REPORT

ANNEXUREmiddot A


Statutory Registers


Other Registers


ANNEXUREmiddot B







7





















27TH ANNUAL REPORT
























M No 31122

9




Rs Rs


4778726 5S27226 ---shy


660791 614271

TOTAL 5439517 614j497



674299 783578


4765218 5357919

TOTAL 5439517 6141497



BM Vashi Partner




Directors C P Mehta

KRKinariwala ARShah


10

27TH ANNUAL REPORT





3 Total revenue (1+2) 2221363 6351566






(a) Basic (082) 310 (b) Diluted (082) 310



B M Vashi Partner




Directors C P Mehta

KRKinariwala ARShah


11














(748500)

141246 0

12390 (298598)

0 (893462)

(187822) (112040)

612924 (603480)

0 (1183880)

0

(1183880)

(5967) 0

298598

292631

( 12390) (12390)

(903639) 4056181 3152542

29996 30261

3092285

2826211

153768 (4324982)

4844 (177298)

765000 (752457)

189353 (62588)

(138468) (14582) (84258)

(863000) (650000)

(1513000)

(185427) 5150000

177298

5141871

(4844) (4844)

3624027 432154

4056181 3548

(7367) 4060000


B M Vashi Partner




Directors C P Mehta

KRKinariwala ARShah


12

27TH ANNUAL REPORT


Note Particulars















13



shares shares


Total 999600 9110000 999600 9110000











57600 60000

241000 56000 76750

576 600

2410 560 767

57600 60000

241000 56000 76750

576 600

2410 560 767


shares shares


14

27TH ANNUAL REPORT











Note 6 FIXED ASSETS

1182728 1182728 NIL NIL NIL NIL

1182728 1182728


213276 213276

(4978778) (7804989) (748500) 2826211

(5727278) (4978778) -

(4331274) (3582774)

212513 77683 385790 358725

1200 1575 599503 437983

61288 61288 61288 61288

NIL 765000 NIL 650000

NIL 115000





3 Vehicle 561342 561342



2082303

436919

179477

420994

38895

19939

53473

26306

2121198

456858

232950

447300

197630

47425

328392

52273

230558

67364

381865

78579

223304 2633 225937 8311 10944

Total Rs 4112307 5967 4118274 3342997 141246 3484243 634031 769310


15





Total


Total


Total


Total



Total





Total

16

40268 14268

40268 14268

954984 14806 9895

13794 98652

753702 17095 17867 13794

101851

1092131 904309

98652 101851

98652 101851

20596 20596

258792 146752

279388 167348

29996

30461 2532085

560000

3152542

3548

(7367) 3500000

560000

4056181

10813 9374

867 216

19481 29069

180711

NIL -216

19903 52797

147791

241157 230081

27TH ANNUAL REPORT


31032012 31032011 Rs Rs


Total






Lus ClOSing stock



Total



17

1658657 1465370 233600 367850

1892257 1833220

1658657 1465370

1658657 233600

1465370 367850

233600 367850

298598 0

30508

177298 4324982

16066

329106 4518346

802458 821628 835460 492604

1637918 131423~ 993479 802458

644439 511774

30066 37887 25573 43730 84583

204623 217977

19905 41353 56891 24050 69207 86097

214271

644439 511774

98652 101851

101851 249406

3199 147555



31032012 31032011 Rs Rs


Total 1269726 1092778


---shyTotal 12390 4844

56539 0

109555 0

4887 22208 37509

118723 17333

0 95419 15000

0 19159 49390 70377 21469 27575 34325

0 127500

71895


Total


Total


Total

898863 t

849636

15000

15000-__-shy

14891

14891

5150000

5150000

18

38807 3023

39883 0

12554 12023 46660

112637 15731 25740 62665 14891 48900 25873 20520 80722 26300 22060

5774 37551 80250

1170]2




Expenses

27TH ANNUAL REPORT


Rs Rs








Raw materials 129144 104445 2004 2041


7996 7959

19



Rs Rs






asic (082) 310


xcluding (082) 310


20











1 ATIENDANCE SLIP 1









bull

shy

BOOK POST

I










Less than 5000 626 33360009660 3337 5001 to 10000 00775 300000 0300 1000 I to 20000 10 0154 1546500 1547 I

2000 I to 30000 2 0031 562500 0563 I1130001 to 40000 0015 i 375000 0375

214000 I to 50000 0031 _

866000 0867 I

1150001 to 100000 0016 600000 i 0600 10000 I to above I 0016 2410000 I 2411

iTOTAL 648 10000 999600 10000 i





TOTAL 648 10000 999600







ANNEXURE-A






27TH ANNUAL REPORT



















5
























C P No 1028

6

---------------- ---~-~-----

27TH ANNUAL REPORT

ANNEXUREmiddot A


Statutory Registers


Other Registers


ANNEXUREmiddot B







7





















27TH ANNUAL REPORT
























M No 31122

9




Rs Rs


4778726 5S27226 ---shy


660791 614271

TOTAL 5439517 614j497



674299 783578


4765218 5357919

TOTAL 5439517 6141497



BM Vashi Partner




Directors C P Mehta

KRKinariwala ARShah


10

27TH ANNUAL REPORT





3 Total revenue (1+2) 2221363 6351566






(a) Basic (082) 310 (b) Diluted (082) 310



B M Vashi Partner




Directors C P Mehta

KRKinariwala ARShah


11














(748500)

141246 0

12390 (298598)

0 (893462)

(187822) (112040)

612924 (603480)

0 (1183880)

0

(1183880)

(5967) 0

298598

292631

( 12390) (12390)

(903639) 4056181 3152542

29996 30261

3092285

2826211

153768 (4324982)

4844 (177298)

765000 (752457)

189353 (62588)

(138468) (14582) (84258)

(863000) (650000)

(1513000)

(185427) 5150000

177298

5141871

(4844) (4844)

3624027 432154

4056181 3548

(7367) 4060000


B M Vashi Partner




Directors C P Mehta

KRKinariwala ARShah


12

27TH ANNUAL REPORT


Note Particulars















13



shares shares


Total 999600 9110000 999600 9110000











57600 60000

241000 56000 76750

576 600

2410 560 767

57600 60000

241000 56000 76750

576 600

2410 560 767


shares shares


14

27TH ANNUAL REPORT











Note 6 FIXED ASSETS

1182728 1182728 NIL NIL NIL NIL

1182728 1182728


213276 213276

(4978778) (7804989) (748500) 2826211

(5727278) (4978778) -

(4331274) (3582774)

212513 77683 385790 358725

1200 1575 599503 437983

61288 61288 61288 61288

NIL 765000 NIL 650000

NIL 115000





3 Vehicle 561342 561342



2082303

436919

179477

420994

38895

19939

53473

26306

2121198

456858

232950

447300

197630

47425

328392

52273

230558

67364

381865

78579

223304 2633 225937 8311 10944

Total Rs 4112307 5967 4118274 3342997 141246 3484243 634031 769310


15





Total


Total


Total


Total



Total





Total

16

40268 14268

40268 14268

954984 14806 9895

13794 98652

753702 17095 17867 13794

101851

1092131 904309

98652 101851

98652 101851

20596 20596

258792 146752

279388 167348

29996

30461 2532085

560000

3152542

3548

(7367) 3500000

560000

4056181

10813 9374

867 216

19481 29069

180711

NIL -216

19903 52797

147791

241157 230081

27TH ANNUAL REPORT


31032012 31032011 Rs Rs


Total






Lus ClOSing stock



Total



17

1658657 1465370 233600 367850

1892257 1833220

1658657 1465370

1658657 233600

1465370 367850

233600 367850

298598 0

30508

177298 4324982

16066

329106 4518346

802458 821628 835460 492604

1637918 131423~ 993479 802458

644439 511774

30066 37887 25573 43730 84583

204623 217977

19905 41353 56891 24050 69207 86097

214271

644439 511774

98652 101851

101851 249406

3199 147555



31032012 31032011 Rs Rs


Total 1269726 1092778


---shyTotal 12390 4844

56539 0

109555 0

4887 22208 37509

118723 17333

0 95419 15000

0 19159 49390 70377 21469 27575 34325

0 127500

71895


Total


Total


Total

898863 t

849636

15000

15000-__-shy

14891

14891

5150000

5150000

18

38807 3023

39883 0

12554 12023 46660

112637 15731 25740 62665 14891 48900 25873 20520 80722 26300 22060

5774 37551 80250

1170]2




Expenses

27TH ANNUAL REPORT


Rs Rs








Raw materials 129144 104445 2004 2041


7996 7959

19



Rs Rs






asic (082) 310


xcluding (082) 310


20











1 ATIENDANCE SLIP 1









bull

shy

BOOK POST

I



ANNEXURE-A






27TH ANNUAL REPORT



















5
























C P No 1028

6

---------------- ---~-~-----

27TH ANNUAL REPORT

ANNEXUREmiddot A


Statutory Registers


Other Registers


ANNEXUREmiddot B







7





















27TH ANNUAL REPORT
























M No 31122

9




Rs Rs


4778726 5S27226 ---shy


660791 614271

TOTAL 5439517 614j497



674299 783578


4765218 5357919

TOTAL 5439517 6141497



BM Vashi Partner




Directors C P Mehta

KRKinariwala ARShah


10

27TH ANNUAL REPORT





3 Total revenue (1+2) 2221363 6351566






(a) Basic (082) 310 (b) Diluted (082) 310



B M Vashi Partner




Directors C P Mehta

KRKinariwala ARShah


11














(748500)

141246 0

12390 (298598)

0 (893462)

(187822) (112040)

612924 (603480)

0 (1183880)

0

(1183880)

(5967) 0

298598

292631

( 12390) (12390)

(903639) 4056181 3152542

29996 30261

3092285

2826211

153768 (4324982)

4844 (177298)

765000 (752457)

189353 (62588)

(138468) (14582) (84258)

(863000) (650000)

(1513000)

(185427) 5150000

177298

5141871

(4844) (4844)

3624027 432154

4056181 3548

(7367) 4060000


B M Vashi Partner




Directors C P Mehta

KRKinariwala ARShah


12

27TH ANNUAL REPORT


Note Particulars















13



shares shares


Total 999600 9110000 999600 9110000











57600 60000

241000 56000 76750

576 600

2410 560 767

57600 60000

241000 56000 76750

576 600

2410 560 767


shares shares


14

27TH ANNUAL REPORT











Note 6 FIXED ASSETS

1182728 1182728 NIL NIL NIL NIL

1182728 1182728


213276 213276

(4978778) (7804989) (748500) 2826211

(5727278) (4978778) -

(4331274) (3582774)

212513 77683 385790 358725

1200 1575 599503 437983

61288 61288 61288 61288

NIL 765000 NIL 650000

NIL 115000





3 Vehicle 561342 561342



2082303

436919

179477

420994

38895

19939

53473

26306

2121198

456858

232950

447300

197630

47425

328392

52273

230558

67364

381865

78579

223304 2633 225937 8311 10944

Total Rs 4112307 5967 4118274 3342997 141246 3484243 634031 769310


15





Total


Total


Total


Total



Total





Total

16

40268 14268

40268 14268

954984 14806 9895

13794 98652

753702 17095 17867 13794

101851

1092131 904309

98652 101851

98652 101851

20596 20596

258792 146752

279388 167348

29996

30461 2532085

560000

3152542

3548

(7367) 3500000

560000

4056181

10813 9374

867 216

19481 29069

180711

NIL -216

19903 52797

147791

241157 230081

27TH ANNUAL REPORT


31032012 31032011 Rs Rs


Total






Lus ClOSing stock



Total



17

1658657 1465370 233600 367850

1892257 1833220

1658657 1465370

1658657 233600

1465370 367850

233600 367850

298598 0

30508

177298 4324982

16066

329106 4518346

802458 821628 835460 492604

1637918 131423~ 993479 802458

644439 511774

30066 37887 25573 43730 84583

204623 217977

19905 41353 56891 24050 69207 86097

214271

644439 511774

98652 101851

101851 249406

3199 147555



31032012 31032011 Rs Rs


Total 1269726 1092778


---shyTotal 12390 4844

56539 0

109555 0

4887 22208 37509

118723 17333

0 95419 15000

0 19159 49390 70377 21469 27575 34325

0 127500

71895


Total


Total


Total

898863 t

849636

15000

15000-__-shy

14891

14891

5150000

5150000

18

38807 3023

39883 0

12554 12023 46660

112637 15731 25740 62665 14891 48900 25873 20520 80722 26300 22060

5774 37551 80250

1170]2




Expenses

27TH ANNUAL REPORT


Rs Rs








Raw materials 129144 104445 2004 2041


7996 7959

19



Rs Rs






asic (082) 310


xcluding (082) 310


20











1 ATIENDANCE SLIP 1









bull

shy

BOOK POST

I


27TH ANNUAL REPORT



















5
























C P No 1028

6

---------------- ---~-~-----

27TH ANNUAL REPORT

ANNEXUREmiddot A


Statutory Registers


Other Registers


ANNEXUREmiddot B







7





















27TH ANNUAL REPORT
























M No 31122

9




Rs Rs


4778726 5S27226 ---shy


660791 614271

TOTAL 5439517 614j497



674299 783578


4765218 5357919

TOTAL 5439517 6141497



BM Vashi Partner




Directors C P Mehta

KRKinariwala ARShah


10

27TH ANNUAL REPORT





3 Total revenue (1+2) 2221363 6351566






(a) Basic (082) 310 (b) Diluted (082) 310



B M Vashi Partner




Directors C P Mehta

KRKinariwala ARShah


11














(748500)

141246 0

12390 (298598)

0 (893462)

(187822) (112040)

612924 (603480)

0 (1183880)

0

(1183880)

(5967) 0

298598

292631

( 12390) (12390)

(903639) 4056181 3152542

29996 30261

3092285

2826211

153768 (4324982)

4844 (177298)

765000 (752457)

189353 (62588)

(138468) (14582) (84258)

(863000) (650000)

(1513000)

(185427) 5150000

177298

5141871

(4844) (4844)

3624027 432154

4056181 3548

(7367) 4060000


B M Vashi Partner




Directors C P Mehta

KRKinariwala ARShah


12

27TH ANNUAL REPORT


Note Particulars















13



shares shares


Total 999600 9110000 999600 9110000











57600 60000

241000 56000 76750

576 600

2410 560 767

57600 60000

241000 56000 76750

576 600

2410 560 767


shares shares


14

27TH ANNUAL REPORT











Note 6 FIXED ASSETS

1182728 1182728 NIL NIL NIL NIL

1182728 1182728


213276 213276

(4978778) (7804989) (748500) 2826211

(5727278) (4978778) -

(4331274) (3582774)

212513 77683 385790 358725

1200 1575 599503 437983

61288 61288 61288 61288

NIL 765000 NIL 650000

NIL 115000





3 Vehicle 561342 561342



2082303

436919

179477

420994

38895

19939

53473

26306

2121198

456858

232950

447300

197630

47425

328392

52273

230558

67364

381865

78579

223304 2633 225937 8311 10944

Total Rs 4112307 5967 4118274 3342997 141246 3484243 634031 769310


15





Total


Total


Total


Total



Total





Total

16

40268 14268

40268 14268

954984 14806 9895

13794 98652

753702 17095 17867 13794

101851

1092131 904309

98652 101851

98652 101851

20596 20596

258792 146752

279388 167348

29996

30461 2532085

560000

3152542

3548

(7367) 3500000

560000

4056181

10813 9374

867 216

19481 29069

180711

NIL -216

19903 52797

147791

241157 230081

27TH ANNUAL REPORT


31032012 31032011 Rs Rs


Total






Lus ClOSing stock



Total



17

1658657 1465370 233600 367850

1892257 1833220

1658657 1465370

1658657 233600

1465370 367850

233600 367850

298598 0

30508

177298 4324982

16066

329106 4518346

802458 821628 835460 492604

1637918 131423~ 993479 802458

644439 511774

30066 37887 25573 43730 84583

204623 217977

19905 41353 56891 24050 69207 86097

214271

644439 511774

98652 101851

101851 249406

3199 147555



31032012 31032011 Rs Rs


Total 1269726 1092778


---shyTotal 12390 4844

56539 0

109555 0

4887 22208 37509

118723 17333

0 95419 15000

0 19159 49390 70377 21469 27575 34325

0 127500

71895


Total


Total


Total

898863 t

849636

15000

15000-__-shy

14891

14891

5150000

5150000

18

38807 3023

39883 0

12554 12023 46660

112637 15731 25740 62665 14891 48900 25873 20520 80722 26300 22060

5774 37551 80250

1170]2




Expenses

27TH ANNUAL REPORT


Rs Rs








Raw materials 129144 104445 2004 2041


7996 7959

19



Rs Rs






asic (082) 310


xcluding (082) 310


20











1 ATIENDANCE SLIP 1









bull

shy

BOOK POST

I

























C P No 1028

6

---------------- ---~-~-----

27TH ANNUAL REPORT

ANNEXUREmiddot A


Statutory Registers


Other Registers


ANNEXUREmiddot B







7





















27TH ANNUAL REPORT
























M No 31122

9




Rs Rs


4778726 5S27226 ---shy


660791 614271

TOTAL 5439517 614j497



674299 783578


4765218 5357919

TOTAL 5439517 6141497



BM Vashi Partner




Directors C P Mehta

KRKinariwala ARShah


10

27TH ANNUAL REPORT





3 Total revenue (1+2) 2221363 6351566






(a) Basic (082) 310 (b) Diluted (082) 310



B M Vashi Partner




Directors C P Mehta

KRKinariwala ARShah


11














(748500)

141246 0

12390 (298598)

0 (893462)

(187822) (112040)

612924 (603480)

0 (1183880)

0

(1183880)

(5967) 0

298598

292631

( 12390) (12390)

(903639) 4056181 3152542

29996 30261

3092285

2826211

153768 (4324982)

4844 (177298)

765000 (752457)

189353 (62588)

(138468) (14582) (84258)

(863000) (650000)

(1513000)

(185427) 5150000

177298

5141871

(4844) (4844)

3624027 432154

4056181 3548

(7367) 4060000


B M Vashi Partner




Directors C P Mehta

KRKinariwala ARShah


12

27TH ANNUAL REPORT


Note Particulars















13



shares shares


Total 999600 9110000 999600 9110000











57600 60000

241000 56000 76750

576 600

2410 560 767

57600 60000

241000 56000 76750

576 600

2410 560 767


shares shares


14

27TH ANNUAL REPORT











Note 6 FIXED ASSETS

1182728 1182728 NIL NIL NIL NIL

1182728 1182728


213276 213276

(4978778) (7804989) (748500) 2826211

(5727278) (4978778) -

(4331274) (3582774)

212513 77683 385790 358725

1200 1575 599503 437983

61288 61288 61288 61288

NIL 765000 NIL 650000

NIL 115000





3 Vehicle 561342 561342



2082303

436919

179477

420994

38895

19939

53473

26306

2121198

456858

232950

447300

197630

47425

328392

52273

230558

67364

381865

78579

223304 2633 225937 8311 10944

Total Rs 4112307 5967 4118274 3342997 141246 3484243 634031 769310


15





Total


Total


Total


Total



Total





Total

16

40268 14268

40268 14268

954984 14806 9895

13794 98652

753702 17095 17867 13794

101851

1092131 904309

98652 101851

98652 101851

20596 20596

258792 146752

279388 167348

29996

30461 2532085

560000

3152542

3548

(7367) 3500000

560000

4056181

10813 9374

867 216

19481 29069

180711

NIL -216

19903 52797

147791

241157 230081

27TH ANNUAL REPORT


31032012 31032011 Rs Rs


Total






Lus ClOSing stock



Total



17

1658657 1465370 233600 367850

1892257 1833220

1658657 1465370

1658657 233600

1465370 367850

233600 367850

298598 0

30508

177298 4324982

16066

329106 4518346

802458 821628 835460 492604

1637918 131423~ 993479 802458

644439 511774

30066 37887 25573 43730 84583

204623 217977

19905 41353 56891 24050 69207 86097

214271

644439 511774

98652 101851

101851 249406

3199 147555



31032012 31032011 Rs Rs


Total 1269726 1092778


---shyTotal 12390 4844

56539 0

109555 0

4887 22208 37509

118723 17333

0 95419 15000

0 19159 49390 70377 21469 27575 34325

0 127500

71895


Total


Total


Total

898863 t

849636

15000

15000-__-shy

14891

14891

5150000

5150000

18

38807 3023

39883 0

12554 12023 46660

112637 15731 25740 62665 14891 48900 25873 20520 80722 26300 22060

5774 37551 80250

1170]2




Expenses

27TH ANNUAL REPORT


Rs Rs








Raw materials 129144 104445 2004 2041


7996 7959

19



Rs Rs






asic (082) 310


xcluding (082) 310


20











1 ATIENDANCE SLIP 1









bull

shy

BOOK POST

I


---------------- ---~-~-----

27TH ANNUAL REPORT

ANNEXUREmiddot A


Statutory Registers


Other Registers


ANNEXUREmiddot B







7





















27TH ANNUAL REPORT
























M No 31122

9




Rs Rs


4778726 5S27226 ---shy


660791 614271

TOTAL 5439517 614j497



674299 783578


4765218 5357919

TOTAL 5439517 6141497



BM Vashi Partner




Directors C P Mehta

KRKinariwala ARShah


10

27TH ANNUAL REPORT





3 Total revenue (1+2) 2221363 6351566






(a) Basic (082) 310 (b) Diluted (082) 310



B M Vashi Partner




Directors C P Mehta

KRKinariwala ARShah


11














(748500)

141246 0

12390 (298598)

0 (893462)

(187822) (112040)

612924 (603480)

0 (1183880)

0

(1183880)

(5967) 0

298598

292631

( 12390) (12390)

(903639) 4056181 3152542

29996 30261

3092285

2826211

153768 (4324982)

4844 (177298)

765000 (752457)

189353 (62588)

(138468) (14582) (84258)

(863000) (650000)

(1513000)

(185427) 5150000

177298

5141871

(4844) (4844)

3624027 432154

4056181 3548

(7367) 4060000


B M Vashi Partner




Directors C P Mehta

KRKinariwala ARShah


12

27TH ANNUAL REPORT


Note Particulars















13



shares shares


Total 999600 9110000 999600 9110000











57600 60000

241000 56000 76750

576 600

2410 560 767

57600 60000

241000 56000 76750

576 600

2410 560 767


shares shares


14

27TH ANNUAL REPORT











Note 6 FIXED ASSETS

1182728 1182728 NIL NIL NIL NIL

1182728 1182728


213276 213276

(4978778) (7804989) (748500) 2826211

(5727278) (4978778) -

(4331274) (3582774)

212513 77683 385790 358725

1200 1575 599503 437983

61288 61288 61288 61288

NIL 765000 NIL 650000

NIL 115000





3 Vehicle 561342 561342



2082303

436919

179477

420994

38895

19939

53473

26306

2121198

456858

232950

447300

197630

47425

328392

52273

230558

67364

381865

78579

223304 2633 225937 8311 10944

Total Rs 4112307 5967 4118274 3342997 141246 3484243 634031 769310


15





Total


Total


Total


Total



Total





Total

16

40268 14268

40268 14268

954984 14806 9895

13794 98652

753702 17095 17867 13794

101851

1092131 904309

98652 101851

98652 101851

20596 20596

258792 146752

279388 167348

29996

30461 2532085

560000

3152542

3548

(7367) 3500000

560000

4056181

10813 9374

867 216

19481 29069

180711

NIL -216

19903 52797

147791

241157 230081

27TH ANNUAL REPORT


31032012 31032011 Rs Rs


Total






Lus ClOSing stock



Total



17

1658657 1465370 233600 367850

1892257 1833220

1658657 1465370

1658657 233600

1465370 367850

233600 367850

298598 0

30508

177298 4324982

16066

329106 4518346

802458 821628 835460 492604

1637918 131423~ 993479 802458

644439 511774

30066 37887 25573 43730 84583

204623 217977

19905 41353 56891 24050 69207 86097

214271

644439 511774

98652 101851

101851 249406

3199 147555



31032012 31032011 Rs Rs


Total 1269726 1092778


---shyTotal 12390 4844

56539 0

109555 0

4887 22208 37509

118723 17333

0 95419 15000

0 19159 49390 70377 21469 27575 34325

0 127500

71895


Total


Total


Total

898863 t

849636

15000

15000-__-shy

14891

14891

5150000

5150000

18

38807 3023

39883 0

12554 12023 46660

112637 15731 25740 62665 14891 48900 25873 20520 80722 26300 22060

5774 37551 80250

1170]2




Expenses

27TH ANNUAL REPORT


Rs Rs








Raw materials 129144 104445 2004 2041


7996 7959

19



Rs Rs






asic (082) 310


xcluding (082) 310


20











1 ATIENDANCE SLIP 1









bull

shy

BOOK POST

I






















27TH ANNUAL REPORT
























M No 31122

9




Rs Rs


4778726 5S27226 ---shy


660791 614271

TOTAL 5439517 614j497



674299 783578


4765218 5357919

TOTAL 5439517 6141497



BM Vashi Partner




Directors C P Mehta

KRKinariwala ARShah


10

27TH ANNUAL REPORT





3 Total revenue (1+2) 2221363 6351566






(a) Basic (082) 310 (b) Diluted (082) 310



B M Vashi Partner




Directors C P Mehta

KRKinariwala ARShah


11














(748500)

141246 0

12390 (298598)

0 (893462)

(187822) (112040)

612924 (603480)

0 (1183880)

0

(1183880)

(5967) 0

298598

292631

( 12390) (12390)

(903639) 4056181 3152542

29996 30261

3092285

2826211

153768 (4324982)

4844 (177298)

765000 (752457)

189353 (62588)

(138468) (14582) (84258)

(863000) (650000)

(1513000)

(185427) 5150000

177298

5141871

(4844) (4844)

3624027 432154

4056181 3548

(7367) 4060000


B M Vashi Partner




Directors C P Mehta

KRKinariwala ARShah


12

27TH ANNUAL REPORT


Note Particulars















13



shares shares


Total 999600 9110000 999600 9110000











57600 60000

241000 56000 76750

576 600

2410 560 767

57600 60000

241000 56000 76750

576 600

2410 560 767


shares shares


14

27TH ANNUAL REPORT











Note 6 FIXED ASSETS

1182728 1182728 NIL NIL NIL NIL

1182728 1182728


213276 213276

(4978778) (7804989) (748500) 2826211

(5727278) (4978778) -

(4331274) (3582774)

212513 77683 385790 358725

1200 1575 599503 437983

61288 61288 61288 61288

NIL 765000 NIL 650000

NIL 115000





3 Vehicle 561342 561342



2082303

436919

179477

420994

38895

19939

53473

26306

2121198

456858

232950

447300

197630

47425

328392

52273

230558

67364

381865

78579

223304 2633 225937 8311 10944

Total Rs 4112307 5967 4118274 3342997 141246 3484243 634031 769310


15





Total


Total


Total


Total



Total





Total

16

40268 14268

40268 14268

954984 14806 9895

13794 98652

753702 17095 17867 13794

101851

1092131 904309

98652 101851

98652 101851

20596 20596

258792 146752

279388 167348

29996

30461 2532085

560000

3152542

3548

(7367) 3500000

560000

4056181

10813 9374

867 216

19481 29069

180711

NIL -216

19903 52797

147791

241157 230081

27TH ANNUAL REPORT


31032012 31032011 Rs Rs


Total






Lus ClOSing stock



Total



17

1658657 1465370 233600 367850

1892257 1833220

1658657 1465370

1658657 233600

1465370 367850

233600 367850

298598 0

30508

177298 4324982

16066

329106 4518346

802458 821628 835460 492604

1637918 131423~ 993479 802458

644439 511774

30066 37887 25573 43730 84583

204623 217977

19905 41353 56891 24050 69207 86097

214271

644439 511774

98652 101851

101851 249406

3199 147555



31032012 31032011 Rs Rs


Total 1269726 1092778


---shyTotal 12390 4844

56539 0

109555 0

4887 22208 37509

118723 17333

0 95419 15000

0 19159 49390 70377 21469 27575 34325

0 127500

71895


Total


Total


Total

898863 t

849636

15000

15000-__-shy

14891

14891

5150000

5150000

18

38807 3023

39883 0

12554 12023 46660

112637 15731 25740 62665 14891 48900 25873 20520 80722 26300 22060

5774 37551 80250

1170]2




Expenses

27TH ANNUAL REPORT


Rs Rs








Raw materials 129144 104445 2004 2041


7996 7959

19



Rs Rs






asic (082) 310


xcluding (082) 310


20











1 ATIENDANCE SLIP 1









bull

shy

BOOK POST

I


27TH ANNUAL REPORT
























M No 31122

9




Rs Rs


4778726 5S27226 ---shy


660791 614271

TOTAL 5439517 614j497



674299 783578


4765218 5357919

TOTAL 5439517 6141497



BM Vashi Partner




Directors C P Mehta

KRKinariwala ARShah


10

27TH ANNUAL REPORT





3 Total revenue (1+2) 2221363 6351566






(a) Basic (082) 310 (b) Diluted (082) 310



B M Vashi Partner




Directors C P Mehta

KRKinariwala ARShah


11














(748500)

141246 0

12390 (298598)

0 (893462)

(187822) (112040)

612924 (603480)

0 (1183880)

0

(1183880)

(5967) 0

298598

292631

( 12390) (12390)

(903639) 4056181 3152542

29996 30261

3092285

2826211

153768 (4324982)

4844 (177298)

765000 (752457)

189353 (62588)

(138468) (14582) (84258)

(863000) (650000)

(1513000)

(185427) 5150000

177298

5141871

(4844) (4844)

3624027 432154

4056181 3548

(7367) 4060000


B M Vashi Partner




Directors C P Mehta

KRKinariwala ARShah


12

27TH ANNUAL REPORT


Note Particulars















13



shares shares


Total 999600 9110000 999600 9110000











57600 60000

241000 56000 76750

576 600

2410 560 767

57600 60000

241000 56000 76750

576 600

2410 560 767


shares shares


14

27TH ANNUAL REPORT











Note 6 FIXED ASSETS

1182728 1182728 NIL NIL NIL NIL

1182728 1182728


213276 213276

(4978778) (7804989) (748500) 2826211

(5727278) (4978778) -

(4331274) (3582774)

212513 77683 385790 358725

1200 1575 599503 437983

61288 61288 61288 61288

NIL 765000 NIL 650000

NIL 115000





3 Vehicle 561342 561342



2082303

436919

179477

420994

38895

19939

53473

26306

2121198

456858

232950

447300

197630

47425

328392

52273

230558

67364

381865

78579

223304 2633 225937 8311 10944

Total Rs 4112307 5967 4118274 3342997 141246 3484243 634031 769310


15





Total


Total


Total


Total



Total





Total

16

40268 14268

40268 14268

954984 14806 9895

13794 98652

753702 17095 17867 13794

101851

1092131 904309

98652 101851

98652 101851

20596 20596

258792 146752

279388 167348

29996

30461 2532085

560000

3152542

3548

(7367) 3500000

560000

4056181

10813 9374

867 216

19481 29069

180711

NIL -216

19903 52797

147791

241157 230081

27TH ANNUAL REPORT


31032012 31032011 Rs Rs


Total






Lus ClOSing stock



Total



17

1658657 1465370 233600 367850

1892257 1833220

1658657 1465370

1658657 233600

1465370 367850

233600 367850

298598 0

30508

177298 4324982

16066

329106 4518346

802458 821628 835460 492604

1637918 131423~ 993479 802458

644439 511774

30066 37887 25573 43730 84583

204623 217977

19905 41353 56891 24050 69207 86097

214271

644439 511774

98652 101851

101851 249406

3199 147555



31032012 31032011 Rs Rs


Total 1269726 1092778


---shyTotal 12390 4844

56539 0

109555 0

4887 22208 37509

118723 17333

0 95419 15000

0 19159 49390 70377 21469 27575 34325

0 127500

71895


Total


Total


Total

898863 t

849636

15000

15000-__-shy

14891

14891

5150000

5150000

18

38807 3023

39883 0

12554 12023 46660

112637 15731 25740 62665 14891 48900 25873 20520 80722 26300 22060

5774 37551 80250

1170]2




Expenses

27TH ANNUAL REPORT


Rs Rs








Raw materials 129144 104445 2004 2041


7996 7959

19



Rs Rs






asic (082) 310


xcluding (082) 310


20











1 ATIENDANCE SLIP 1









bull

shy

BOOK POST

I





Rs Rs


4778726 5S27226 ---shy


660791 614271

TOTAL 5439517 614j497



674299 783578


4765218 5357919

TOTAL 5439517 6141497



BM Vashi Partner




Directors C P Mehta

KRKinariwala ARShah


10

27TH ANNUAL REPORT





3 Total revenue (1+2) 2221363 6351566






(a) Basic (082) 310 (b) Diluted (082) 310



B M Vashi Partner




Directors C P Mehta

KRKinariwala ARShah


11














(748500)

141246 0

12390 (298598)

0 (893462)

(187822) (112040)

612924 (603480)

0 (1183880)

0

(1183880)

(5967) 0

298598

292631

( 12390) (12390)

(903639) 4056181 3152542

29996 30261

3092285

2826211

153768 (4324982)

4844 (177298)

765000 (752457)

189353 (62588)

(138468) (14582) (84258)

(863000) (650000)

(1513000)

(185427) 5150000

177298

5141871

(4844) (4844)

3624027 432154

4056181 3548

(7367) 4060000


B M Vashi Partner




Directors C P Mehta

KRKinariwala ARShah


12

27TH ANNUAL REPORT


Note Particulars















13



shares shares


Total 999600 9110000 999600 9110000











57600 60000

241000 56000 76750

576 600

2410 560 767

57600 60000

241000 56000 76750

576 600

2410 560 767


shares shares


14

27TH ANNUAL REPORT











Note 6 FIXED ASSETS

1182728 1182728 NIL NIL NIL NIL

1182728 1182728


213276 213276

(4978778) (7804989) (748500) 2826211

(5727278) (4978778) -

(4331274) (3582774)

212513 77683 385790 358725

1200 1575 599503 437983

61288 61288 61288 61288

NIL 765000 NIL 650000

NIL 115000





3 Vehicle 561342 561342



2082303

436919

179477

420994

38895

19939

53473

26306

2121198

456858

232950

447300

197630

47425

328392

52273

230558

67364

381865

78579

223304 2633 225937 8311 10944

Total Rs 4112307 5967 4118274 3342997 141246 3484243 634031 769310


15





Total


Total


Total


Total



Total





Total

16

40268 14268

40268 14268

954984 14806 9895

13794 98652

753702 17095 17867 13794

101851

1092131 904309

98652 101851

98652 101851

20596 20596

258792 146752

279388 167348

29996

30461 2532085

560000

3152542

3548

(7367) 3500000

560000

4056181

10813 9374

867 216

19481 29069

180711

NIL -216

19903 52797

147791

241157 230081

27TH ANNUAL REPORT


31032012 31032011 Rs Rs


Total






Lus ClOSing stock



Total



17

1658657 1465370 233600 367850

1892257 1833220

1658657 1465370

1658657 233600

1465370 367850

233600 367850

298598 0

30508

177298 4324982

16066

329106 4518346

802458 821628 835460 492604

1637918 131423~ 993479 802458

644439 511774

30066 37887 25573 43730 84583

204623 217977

19905 41353 56891 24050 69207 86097

214271

644439 511774

98652 101851

101851 249406

3199 147555



31032012 31032011 Rs Rs


Total 1269726 1092778


---shyTotal 12390 4844

56539 0

109555 0

4887 22208 37509

118723 17333

0 95419 15000

0 19159 49390 70377 21469 27575 34325

0 127500

71895


Total


Total


Total

898863 t

849636

15000

15000-__-shy

14891

14891

5150000

5150000

18

38807 3023

39883 0

12554 12023 46660

112637 15731 25740 62665 14891 48900 25873 20520 80722 26300 22060

5774 37551 80250

1170]2




Expenses

27TH ANNUAL REPORT


Rs Rs








Raw materials 129144 104445 2004 2041


7996 7959

19



Rs Rs






asic (082) 310


xcluding (082) 310


20











1 ATIENDANCE SLIP 1









bull

shy

BOOK POST

I


27TH ANNUAL REPORT





3 Total revenue (1+2) 2221363 6351566






(a) Basic (082) 310 (b) Diluted (082) 310



B M Vashi Partner




Directors C P Mehta

KRKinariwala ARShah


11














(748500)

141246 0

12390 (298598)

0 (893462)

(187822) (112040)

612924 (603480)

0 (1183880)

0

(1183880)

(5967) 0

298598

292631

( 12390) (12390)

(903639) 4056181 3152542

29996 30261

3092285

2826211

153768 (4324982)

4844 (177298)

765000 (752457)

189353 (62588)

(138468) (14582) (84258)

(863000) (650000)

(1513000)

(185427) 5150000

177298

5141871

(4844) (4844)

3624027 432154

4056181 3548

(7367) 4060000


B M Vashi Partner




Directors C P Mehta

KRKinariwala ARShah


12

27TH ANNUAL REPORT


Note Particulars















13



shares shares


Total 999600 9110000 999600 9110000











57600 60000

241000 56000 76750

576 600

2410 560 767

57600 60000

241000 56000 76750

576 600

2410 560 767


shares shares


14

27TH ANNUAL REPORT











Note 6 FIXED ASSETS

1182728 1182728 NIL NIL NIL NIL

1182728 1182728


213276 213276

(4978778) (7804989) (748500) 2826211

(5727278) (4978778) -

(4331274) (3582774)

212513 77683 385790 358725

1200 1575 599503 437983

61288 61288 61288 61288

NIL 765000 NIL 650000

NIL 115000





3 Vehicle 561342 561342



2082303

436919

179477

420994

38895

19939

53473

26306

2121198

456858

232950

447300

197630

47425

328392

52273

230558

67364

381865

78579

223304 2633 225937 8311 10944

Total Rs 4112307 5967 4118274 3342997 141246 3484243 634031 769310


15





Total


Total


Total


Total



Total





Total

16

40268 14268

40268 14268

954984 14806 9895

13794 98652

753702 17095 17867 13794

101851

1092131 904309

98652 101851

98652 101851

20596 20596

258792 146752

279388 167348

29996

30461 2532085

560000

3152542

3548

(7367) 3500000

560000

4056181

10813 9374

867 216

19481 29069

180711

NIL -216

19903 52797

147791

241157 230081

27TH ANNUAL REPORT


31032012 31032011 Rs Rs


Total






Lus ClOSing stock



Total



17

1658657 1465370 233600 367850

1892257 1833220

1658657 1465370

1658657 233600

1465370 367850

233600 367850

298598 0

30508

177298 4324982

16066

329106 4518346

802458 821628 835460 492604

1637918 131423~ 993479 802458

644439 511774

30066 37887 25573 43730 84583

204623 217977

19905 41353 56891 24050 69207 86097

214271

644439 511774

98652 101851

101851 249406

3199 147555



31032012 31032011 Rs Rs


Total 1269726 1092778


---shyTotal 12390 4844

56539 0

109555 0

4887 22208 37509

118723 17333

0 95419 15000

0 19159 49390 70377 21469 27575 34325

0 127500

71895


Total


Total


Total

898863 t

849636

15000

15000-__-shy

14891

14891

5150000

5150000

18

38807 3023

39883 0

12554 12023 46660

112637 15731 25740 62665 14891 48900 25873 20520 80722 26300 22060

5774 37551 80250

1170]2




Expenses

27TH ANNUAL REPORT


Rs Rs








Raw materials 129144 104445 2004 2041


7996 7959

19



Rs Rs






asic (082) 310


xcluding (082) 310


20











1 ATIENDANCE SLIP 1









bull

shy

BOOK POST

I















(748500)

141246 0

12390 (298598)

0 (893462)

(187822) (112040)

612924 (603480)

0 (1183880)

0

(1183880)

(5967) 0

298598

292631

( 12390) (12390)

(903639) 4056181 3152542

29996 30261

3092285

2826211

153768 (4324982)

4844 (177298)

765000 (752457)

189353 (62588)

(138468) (14582) (84258)

(863000) (650000)

(1513000)

(185427) 5150000

177298

5141871

(4844) (4844)

3624027 432154

4056181 3548

(7367) 4060000


B M Vashi Partner




Directors C P Mehta

KRKinariwala ARShah


12

27TH ANNUAL REPORT


Note Particulars















13



shares shares


Total 999600 9110000 999600 9110000











57600 60000

241000 56000 76750

576 600

2410 560 767

57600 60000

241000 56000 76750

576 600

2410 560 767


shares shares


14

27TH ANNUAL REPORT











Note 6 FIXED ASSETS

1182728 1182728 NIL NIL NIL NIL

1182728 1182728


213276 213276

(4978778) (7804989) (748500) 2826211

(5727278) (4978778) -

(4331274) (3582774)

212513 77683 385790 358725

1200 1575 599503 437983

61288 61288 61288 61288

NIL 765000 NIL 650000

NIL 115000





3 Vehicle 561342 561342



2082303

436919

179477

420994

38895

19939

53473

26306

2121198

456858

232950

447300

197630

47425

328392

52273

230558

67364

381865

78579

223304 2633 225937 8311 10944

Total Rs 4112307 5967 4118274 3342997 141246 3484243 634031 769310


15





Total


Total


Total


Total



Total





Total

16

40268 14268

40268 14268

954984 14806 9895

13794 98652

753702 17095 17867 13794

101851

1092131 904309

98652 101851

98652 101851

20596 20596

258792 146752

279388 167348

29996

30461 2532085

560000

3152542

3548

(7367) 3500000

560000

4056181

10813 9374

867 216

19481 29069

180711

NIL -216

19903 52797

147791

241157 230081

27TH ANNUAL REPORT


31032012 31032011 Rs Rs


Total






Lus ClOSing stock



Total



17

1658657 1465370 233600 367850

1892257 1833220

1658657 1465370

1658657 233600

1465370 367850

233600 367850

298598 0

30508

177298 4324982

16066

329106 4518346

802458 821628 835460 492604

1637918 131423~ 993479 802458

644439 511774

30066 37887 25573 43730 84583

204623 217977

19905 41353 56891 24050 69207 86097

214271

644439 511774

98652 101851

101851 249406

3199 147555



31032012 31032011 Rs Rs


Total 1269726 1092778


---shyTotal 12390 4844

56539 0

109555 0

4887 22208 37509

118723 17333

0 95419 15000

0 19159 49390 70377 21469 27575 34325

0 127500

71895


Total


Total


Total

898863 t

849636

15000

15000-__-shy

14891

14891

5150000

5150000

18

38807 3023

39883 0

12554 12023 46660

112637 15731 25740 62665 14891 48900 25873 20520 80722 26300 22060

5774 37551 80250

1170]2




Expenses

27TH ANNUAL REPORT


Rs Rs








Raw materials 129144 104445 2004 2041


7996 7959

19



Rs Rs






asic (082) 310


xcluding (082) 310


20











1 ATIENDANCE SLIP 1









bull

shy

BOOK POST

I


27TH ANNUAL REPORT


Note Particulars















13



shares shares


Total 999600 9110000 999600 9110000











57600 60000

241000 56000 76750

576 600

2410 560 767

57600 60000

241000 56000 76750

576 600

2410 560 767


shares shares


14

27TH ANNUAL REPORT











Note 6 FIXED ASSETS

1182728 1182728 NIL NIL NIL NIL

1182728 1182728


213276 213276

(4978778) (7804989) (748500) 2826211

(5727278) (4978778) -

(4331274) (3582774)

212513 77683 385790 358725

1200 1575 599503 437983

61288 61288 61288 61288

NIL 765000 NIL 650000

NIL 115000





3 Vehicle 561342 561342



2082303

436919

179477

420994

38895

19939

53473

26306

2121198

456858

232950

447300

197630

47425

328392

52273

230558

67364

381865

78579

223304 2633 225937 8311 10944

Total Rs 4112307 5967 4118274 3342997 141246 3484243 634031 769310


15





Total


Total


Total


Total



Total





Total

16

40268 14268

40268 14268

954984 14806 9895

13794 98652

753702 17095 17867 13794

101851

1092131 904309

98652 101851

98652 101851

20596 20596

258792 146752

279388 167348

29996

30461 2532085

560000

3152542

3548

(7367) 3500000

560000

4056181

10813 9374

867 216

19481 29069

180711

NIL -216

19903 52797

147791

241157 230081

27TH ANNUAL REPORT


31032012 31032011 Rs Rs


Total






Lus ClOSing stock



Total



17

1658657 1465370 233600 367850

1892257 1833220

1658657 1465370

1658657 233600

1465370 367850

233600 367850

298598 0

30508

177298 4324982

16066

329106 4518346

802458 821628 835460 492604

1637918 131423~ 993479 802458

644439 511774

30066 37887 25573 43730 84583

204623 217977

19905 41353 56891 24050 69207 86097

214271

644439 511774

98652 101851

101851 249406

3199 147555



31032012 31032011 Rs Rs


Total 1269726 1092778


---shyTotal 12390 4844

56539 0

109555 0

4887 22208 37509

118723 17333

0 95419 15000

0 19159 49390 70377 21469 27575 34325

0 127500

71895


Total


Total


Total

898863 t

849636

15000

15000-__-shy

14891

14891

5150000

5150000

18

38807 3023

39883 0

12554 12023 46660

112637 15731 25740 62665 14891 48900 25873 20520 80722 26300 22060

5774 37551 80250

1170]2




Expenses

27TH ANNUAL REPORT


Rs Rs








Raw materials 129144 104445 2004 2041


7996 7959

19



Rs Rs






asic (082) 310


xcluding (082) 310


20











1 ATIENDANCE SLIP 1









bull

shy

BOOK POST

I




shares shares


Total 999600 9110000 999600 9110000











57600 60000

241000 56000 76750

576 600

2410 560 767

57600 60000

241000 56000 76750

576 600

2410 560 767


shares shares


14

27TH ANNUAL REPORT











Note 6 FIXED ASSETS

1182728 1182728 NIL NIL NIL NIL

1182728 1182728


213276 213276

(4978778) (7804989) (748500) 2826211

(5727278) (4978778) -

(4331274) (3582774)

212513 77683 385790 358725

1200 1575 599503 437983

61288 61288 61288 61288

NIL 765000 NIL 650000

NIL 115000





3 Vehicle 561342 561342



2082303

436919

179477

420994

38895

19939

53473

26306

2121198

456858

232950

447300

197630

47425

328392

52273

230558

67364

381865

78579

223304 2633 225937 8311 10944

Total Rs 4112307 5967 4118274 3342997 141246 3484243 634031 769310


15





Total


Total


Total


Total



Total





Total

16

40268 14268

40268 14268

954984 14806 9895

13794 98652

753702 17095 17867 13794

101851

1092131 904309

98652 101851

98652 101851

20596 20596

258792 146752

279388 167348

29996

30461 2532085

560000

3152542

3548

(7367) 3500000

560000

4056181

10813 9374

867 216

19481 29069

180711

NIL -216

19903 52797

147791

241157 230081

27TH ANNUAL REPORT


31032012 31032011 Rs Rs


Total






Lus ClOSing stock



Total



17

1658657 1465370 233600 367850

1892257 1833220

1658657 1465370

1658657 233600

1465370 367850

233600 367850

298598 0

30508

177298 4324982

16066

329106 4518346

802458 821628 835460 492604

1637918 131423~ 993479 802458

644439 511774

30066 37887 25573 43730 84583

204623 217977

19905 41353 56891 24050 69207 86097

214271

644439 511774

98652 101851

101851 249406

3199 147555



31032012 31032011 Rs Rs


Total 1269726 1092778


---shyTotal 12390 4844

56539 0

109555 0

4887 22208 37509

118723 17333

0 95419 15000

0 19159 49390 70377 21469 27575 34325

0 127500

71895


Total


Total


Total

898863 t

849636

15000

15000-__-shy

14891

14891

5150000

5150000

18

38807 3023

39883 0

12554 12023 46660

112637 15731 25740 62665 14891 48900 25873 20520 80722 26300 22060

5774 37551 80250

1170]2




Expenses

27TH ANNUAL REPORT


Rs Rs








Raw materials 129144 104445 2004 2041


7996 7959

19



Rs Rs






asic (082) 310


xcluding (082) 310


20











1 ATIENDANCE SLIP 1









bull

shy

BOOK POST

I


27TH ANNUAL REPORT











Note 6 FIXED ASSETS

1182728 1182728 NIL NIL NIL NIL

1182728 1182728


213276 213276

(4978778) (7804989) (748500) 2826211

(5727278) (4978778) -

(4331274) (3582774)

212513 77683 385790 358725

1200 1575 599503 437983

61288 61288 61288 61288

NIL 765000 NIL 650000

NIL 115000





3 Vehicle 561342 561342



2082303

436919

179477

420994

38895

19939

53473

26306

2121198

456858

232950

447300

197630

47425

328392

52273

230558

67364

381865

78579

223304 2633 225937 8311 10944

Total Rs 4112307 5967 4118274 3342997 141246 3484243 634031 769310


15





Total


Total


Total


Total



Total





Total

16

40268 14268

40268 14268

954984 14806 9895

13794 98652

753702 17095 17867 13794

101851

1092131 904309

98652 101851

98652 101851

20596 20596

258792 146752

279388 167348

29996

30461 2532085

560000

3152542

3548

(7367) 3500000

560000

4056181

10813 9374

867 216

19481 29069

180711

NIL -216

19903 52797

147791

241157 230081

27TH ANNUAL REPORT


31032012 31032011 Rs Rs


Total






Lus ClOSing stock



Total



17

1658657 1465370 233600 367850

1892257 1833220

1658657 1465370

1658657 233600

1465370 367850

233600 367850

298598 0

30508

177298 4324982

16066

329106 4518346

802458 821628 835460 492604

1637918 131423~ 993479 802458

644439 511774

30066 37887 25573 43730 84583

204623 217977

19905 41353 56891 24050 69207 86097

214271

644439 511774

98652 101851

101851 249406

3199 147555



31032012 31032011 Rs Rs


Total 1269726 1092778


---shyTotal 12390 4844

56539 0

109555 0

4887 22208 37509

118723 17333

0 95419 15000

0 19159 49390 70377 21469 27575 34325

0 127500

71895


Total


Total


Total

898863 t

849636

15000

15000-__-shy

14891

14891

5150000

5150000

18

38807 3023

39883 0

12554 12023 46660

112637 15731 25740 62665 14891 48900 25873 20520 80722 26300 22060

5774 37551 80250

1170]2




Expenses

27TH ANNUAL REPORT


Rs Rs








Raw materials 129144 104445 2004 2041


7996 7959

19



Rs Rs






asic (082) 310


xcluding (082) 310


20











1 ATIENDANCE SLIP 1









bull

shy

BOOK POST

I






Total


Total


Total


Total



Total





Total

16

40268 14268

40268 14268

954984 14806 9895

13794 98652

753702 17095 17867 13794

101851

1092131 904309

98652 101851

98652 101851

20596 20596

258792 146752

279388 167348

29996

30461 2532085

560000

3152542

3548

(7367) 3500000

560000

4056181

10813 9374

867 216

19481 29069

180711

NIL -216

19903 52797

147791

241157 230081

27TH ANNUAL REPORT


31032012 31032011 Rs Rs


Total






Lus ClOSing stock



Total



17

1658657 1465370 233600 367850

1892257 1833220

1658657 1465370

1658657 233600

1465370 367850

233600 367850

298598 0

30508

177298 4324982

16066

329106 4518346

802458 821628 835460 492604

1637918 131423~ 993479 802458

644439 511774

30066 37887 25573 43730 84583

204623 217977

19905 41353 56891 24050 69207 86097

214271

644439 511774

98652 101851

101851 249406

3199 147555



31032012 31032011 Rs Rs


Total 1269726 1092778


---shyTotal 12390 4844

56539 0

109555 0

4887 22208 37509

118723 17333

0 95419 15000

0 19159 49390 70377 21469 27575 34325

0 127500

71895


Total


Total


Total

898863 t

849636

15000

15000-__-shy

14891

14891

5150000

5150000

18

38807 3023

39883 0

12554 12023 46660

112637 15731 25740 62665 14891 48900 25873 20520 80722 26300 22060

5774 37551 80250

1170]2




Expenses

27TH ANNUAL REPORT


Rs Rs








Raw materials 129144 104445 2004 2041


7996 7959

19



Rs Rs






asic (082) 310


xcluding (082) 310


20











1 ATIENDANCE SLIP 1









bull

shy

BOOK POST

I


27TH ANNUAL REPORT


31032012 31032011 Rs Rs


Total






Lus ClOSing stock



Total



17

1658657 1465370 233600 367850

1892257 1833220

1658657 1465370

1658657 233600

1465370 367850

233600 367850

298598 0

30508

177298 4324982

16066

329106 4518346

802458 821628 835460 492604

1637918 131423~ 993479 802458

644439 511774

30066 37887 25573 43730 84583

204623 217977

19905 41353 56891 24050 69207 86097

214271

644439 511774

98652 101851

101851 249406

3199 147555



31032012 31032011 Rs Rs


Total 1269726 1092778


---shyTotal 12390 4844

56539 0

109555 0

4887 22208 37509

118723 17333

0 95419 15000

0 19159 49390 70377 21469 27575 34325

0 127500

71895


Total


Total


Total

898863 t

849636

15000

15000-__-shy

14891

14891

5150000

5150000

18

38807 3023

39883 0

12554 12023 46660

112637 15731 25740 62665 14891 48900 25873 20520 80722 26300 22060

5774 37551 80250

1170]2




Expenses

27TH ANNUAL REPORT


Rs Rs








Raw materials 129144 104445 2004 2041


7996 7959

19



Rs Rs






asic (082) 310


xcluding (082) 310


20











1 ATIENDANCE SLIP 1









bull

shy

BOOK POST

I




31032012 31032011 Rs Rs


Total 1269726 1092778


---shyTotal 12390 4844

56539 0

109555 0

4887 22208 37509

118723 17333

0 95419 15000

0 19159 49390 70377 21469 27575 34325

0 127500

71895


Total


Total


Total

898863 t

849636

15000

15000-__-shy

14891

14891

5150000

5150000

18

38807 3023

39883 0

12554 12023 46660

112637 15731 25740 62665 14891 48900 25873 20520 80722 26300 22060

5774 37551 80250

1170]2




Expenses

27TH ANNUAL REPORT


Rs Rs








Raw materials 129144 104445 2004 2041


7996 7959

19



Rs Rs






asic (082) 310


xcluding (082) 310


20











1 ATIENDANCE SLIP 1









bull

shy

BOOK POST

I


27TH ANNUAL REPORT


Rs Rs








Raw materials 129144 104445 2004 2041


7996 7959

19



Rs Rs






asic (082) 310


xcluding (082) 310


20











1 ATIENDANCE SLIP 1









bull

shy

BOOK POST

I




Rs Rs






asic (082) 310


xcluding (082) 310


20











1 ATIENDANCE SLIP 1









bull

shy

BOOK POST

I












1 ATIENDANCE SLIP 1









bull

shy

BOOK POST

I


shy

BOOK POST

I


Documents

STARVOX ELECTRONICS LIMITED ANNUAL REPORT ......Electronics Limited will be held on Thursday, the 27'0 day of September, 2012 at 10.00 a.m. at the Registered office of the Company