| Dear Members,
Your Directors are pleased to present the 28th Annual Report together
with the Audited Annual Accounts as on 31st March 2013.
PERFORMANCE AND OPERATION
Your company has incurred a loss of ^ 14953.99 hundreds after tax
against Loss of ^ 106.81 hundreds for the previous year. Your directors
regret their inability to propose dividend. During the year under
review, your company continued to carry on the existing business.
FIXED DEPOSIT
During the year under review your company has not accepted any deposits
from public under section 58A of the Companies Act, 1956.
DIRECTORS
Mr. Rajendra Singh Negi, Director of the company retires by rotation
and being eligible offer himself for re-appointment.
AUDITORS
M/s Aora & Choudhary Associates, Chartered Accountants, New Delhi the
retiring Auditors of the company are eligible for re-appointment. Hence
they offer themselves for re-appointment as auditor of the company.
AUDITORS REPORT
The observation made by the Auditors in their report is
self-explanatory.
COMPLIANCE REPORT
As required u/s 383 A (1) of Companies Act, 1956 (Amended) 2000 report
of Company Secretary enclosed, which is self explanatory.
CONSERVATION OF ENERGY, TECHNOLOGY ABSORPTION AND FOREIGN EXCHANGE
EARNINGS AND OUTGO
Since the company has no manufacturing activities, the requirements of
section 217(1) (e) of the Companies Act, 1956 read with the Companies
(Disclosure of particulars in the Report of Board of Directors) Rules,
1988 are not applicable. The company had no earnings or outgo in
foreign exchange.
DIRECTORS RESPONSIBILITY STATEMENT
Pursuant to Section 217(2AA) of the Companies (Amendment) Act, 2000 the
Directors confirm that:
1. In the preparation of the annual accounts the applicable accounting
standards have been followed:
2. Appropriate accounting policies as mentioned in schedule no. 6 V have
been selected and applied consistently and have 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 as at 31st March, 2013 and
of the loss of the company for the year ended 31.3.2013.
3. Proper and sufficient care has been taken for the maintenance of
adequate accounting record in accordance with the provisions of the
Companies Act, 1956 for safe guarding the assets of the company and for
preventing and detecting fraud and other irregularities.
4. The annual accounts have been prepared on a going concern basis.
INFORMATION PURSUANT TO LISTING AGREEMENT WITH STOCK EXCHANGE
The Company's Shares are listed with the Delhi Stock Exchange
Association Ltd., DSE House, Asaf Ali Road, New Delhi-110001.
PARTICULARS OF EMPLOYEES
During the year there is no such employee in the company, where
particulars to be given* under section 217(2A) of the Companies Act,
1956.
For and on behalf of the Board
For Delta Industrial Resources Limited
Place: New Delhi (G. Raja Kumar) (Sanjay kumar
Date: 13.05.2013 Director Director |