డైరెక్టర్ల నివేదిక Graphic Charts Ltd.

Mar 31, 2015

Dear Members,

The Directors have pleasure in presenting the Forty Sixth Annual Report and Audited Statement of Accounts for the year ended 31st March 2015.

Financial Results 31.03.2015 31.03.2014 Rs. Rs.

Profit / (Loss) before Depreciation (2,46,374) (3,16,012)

Depreciation 510 850

Profit / (Loss) for the year after (2,46,884) (3,16,862) Depreciation

Provision for Taxation - -

Profit / (Loss) after Taxation (2,46,884) (3,16,862)

Balance as per Balance Sheet brought (70,79,378) (67,62,516) forward

Balance carried forward to Balance (73,26,262) (70,79,378) Sheet

Dividend

In view of the losses incurred during the year and carried forward losses, the Board has not recommended any dividend for the year ended on 31st March 2015.

Operations

There were no operations by your Company during the year under review. As a means to revive the fortunes of your Company, the Management is actively considering infusion of capital and various business options.

Directors Responsibility Statement

As required under Section 217 (2AA) of the Companies Act, 1956, the Directors hereby confirm that:

1. in the preparation of the annual accounts, the applicable accounting standards have been followed alongwith proper explanation relating to material departures.

2. the Directors had selected such accounting policies and applied them consistently and made judgments and estimate 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 I loss of the Company for that period.

3. the Directors had 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.

4. the Directors had prepared the annual accounts on a going concern basis.

Fixed Deposits

As of 31st March, 2015, there are no unclaimed or unpaid deposits within the meaning of Section 58A of the Companies Act, 1956.

Directors

Mrs. Sumitra S. Kaushik, Director of the Company retires by rotation and being eligible offers herself for re-appointment.

Auditors & Audit Report

M/s. ASJ & Co. LLP, Chartered Accountants, retire at the conclusion of the ensuing Annual General Meeting and being eligible, offer themselves for re-appointment. Pursuant to provisions of Section 139 of the Companies Act, 2013 and the rules framed thereunder, it is proposed to appoint M/s. ASJ & Co. LLP, Chartered Accountants, as statutory auditors of the Company from the conclusion of the ensuing Annual General Meeting till the conclusion of the Annual General Meeting to be held in the year 2017, subject to annual ratification by members at Annual General Meeting.

The Notes on Accounts referred to in the Auditors' Report are self-explanatory and therefore do not call for any further comment except that accounts of the Company are prepared on a going concern basis as managements is taking steps for revival of the Company and management is also taking steps for payment of outstanding statutory dues. The Company does not have internal audit system as there is no material transaction during the year and there is adequate internal control system.

Conservation of Energy, Technology Absorption and Foreign Exchange Earning and Outgo

There was no foreign exchange earnings and outgo during the year.

Considering the nature of the activities carried out by the Company, the other particulars specified in Section 217 (1) (e) of the Companies Act, 1956, read with the Companies (Disclosure of Particulars in the Report of the Board of Directors) Rules, 1988, are not applicable.

Particulars of Employees

The Company has not employed any employee during the year under review and accordingly, particulars specified under Section 217 (2A) of the Companies Act, 1956, read with the Companies (Particulars of Employees) Rules, 1975, are not applicable.

Secretarial Compliance Certificate

In accordance with the provisions of Section 383A of the Companies Act, 1956, a Certificate from M/s. Umesh Masked & Co., Company Secretaries, has been obtained by the Company.

Listing of Shares

The Company has made an application to the Bombay Stock Exchange Ltd. for revocation of suspension of shares from trading on the Stock Exchange. The Company has to pay Listing Fees for the year 2015-16 to the Bombay Stock Exchange Ltd.

Acknowledgment

The Directors would like to place on record their sincere thanks for the co-operation received during the year from the Business Associates and Government Authorities.

For and on behalf of the Board

Place: Mumbai Sanjay R. Kaushik Date : 7th September, 2015 Chairman

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Mar 31, 2014

Dear Members,

The Directors have pleasure in presenting the Forty Sixth Annual Report and Audited Statement of Accounts for the year ended 31st March 2014.

Financial Results 31.03.2014 31.03.2013 Rs. Rs.

Profit & (Loss) before Depreciation 3,16,012 4,23,430

Depreciation 850 1418

Profit / (Loss) for the year after Depreciation (3,16,862) (4,24,848)

Provision for Taxation - -

Profit / (Loss) after Taxation (3,16,862) (4,24,848)

Balance as per Balance Sheet brought forward (67,62,516) (63,37,668)

Balance carried forward to Balance Sheet(70,79,378) (67,62,516)

Dividend

In view of the losses incurred during the year and carried forward losses, the Board has not recommended any dividend for the year ended on 31st March 2014.

Operations

There were no operations by your Company during the year under review. As a means to revive the fortunes of your Company, the Management is actively considering infusion of capital and various business options.

Directors Responsibility Statement

As required under Section 217 (2AA) of the Companies Act, 1956, the Directors hereby confirm that:

1. in the preparation of the annual accounts, the applicable accounting standards have been followed alongwith proper explanation relating to material departures.

2. the Directors had selected such accounting policies and applied them consistently and made judgments and estimate 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 / loss of the Company for that period.

3. the Directors had 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. _

4. the Directors had prepared the annual accounts on a going concern basis.

Fixed Deposits

As of 31st March, 2014, there are no unclaimed or unpaid deposits within the meaning of Section 58A of the Companies Act, 1956.

Directors

Mr. Sanjay R Kaushik, Director of the Company retires by rotation and being eligible offers himself for re-appointment.

Auditors & Audit Report

M/s. ASJ & Co. LLP, Chartered Accountants, retire at the conclusion of the ensuing Annual General Meeting and being eligible, offer themselves for re-appointment. Pursuant to provisions of Section 139 of the Companies Act, 2013 and the rules framed thereunder, it is proposed to appoint M/s. ASJ & Co. LLP, Chartered Accountants, as statutory auditors of the Company from the conclusion of the ensuing Annual General Meeting till the conclusion of the Annual General Meeting to be held in the year 2017, subject to annual ratification by members at Annual General Meeting.

The Notes on Accounts referred to in the Auditors'' Report are self-explanatory and therefore do not call for any further comment except that accounts of the Company are prepared on a going concern basis as managements is taking steps for revival of the Company and management is also taking steps for payment of outstanding statutory dues. The Company does not have internal audit system as there is no material transaction during the year and there is adequate internal control system.

Conservation of Energy, Technology Absorption and Foreign Exchange Earning and Outgo

There was no foreign exchange earnings and outgo during the year.

Considering the nature of the activities carried out by the Company, the other particulars specified in Section 217 (1) (e) of the Companies Act, 1956, read with the Companies (Disclosure of Particulars in the Report of the Board of Directors) Rules, 1988, are not applicable.

Particulars of Employees

The Company has not employed any employee during the year under review and accordingly, particulars specified under Section 217 (2A) of the Companies Act, 1956, read with the Companies (Particulars of Employees) Rules, 1975, are not applicable.

Secretarial Compliance Certificate

In accordance with the provisions of Section 383Aofthe Companies Act, 1956, a Certificate from M/s. Sanjay Sangani & Co., Company Secretaries, has been obtained by the Company.

Listing of Shares

The Company has made an application to the Bombay Stock Exchange Ltd. for revocation of suspension of shares from trading on the Stock Exchange. The Company has to pay Listing Fees for the year 2014-15 to the Bombay Stock Exchange Ltd.

Acknowledgment

The Directors would like to place on record their sincere thanks for the co-operation received during the year from the Business Associates and Government Authorities.

For and on behalf of the Board

Place: Mumbai Sanjay R. Kaushik

Date : 6th September, 2014 Chairman

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Mar 31, 2013

The Directors have pleasure in presenting the Forty Fourth Annual Report and Audited Statement of Accounts for the year ended 31st March 2013.

Financial Results 31.03.2013 31.03.2012 Rs. Rs.

Profit/(Loss)beforeDepreciation (4.23.340) (19.73.641)

Depreciation 1.418 2,362

Profrt/(Loss) for the year after Depredation (4.24,848) (19.76.003)

Provision for Taxation - -

Profit/(Loss) after Taxation (4.24.848) (19.76.003)

Balance as per Balance Sheet brought forward (63,37.668) (43.61,665)

Balance carried forward to Balance Sheet (67.62,516) (63.37.668)



DIVIDEND

In view of the losses incurred during the year and carried forward losses, the Board has not recommended any dividend for the year ended on 31 st March 2013.

Operations

There were no operations of your Company during the year. As a means to revive the fortunes of your Company, the Management is actively considering infusion of capital and various business options.

Directors Responsibility Statement

As required under Section 217 (2AA) of the Companies Act, 1956. the Directors hereby confirm that:

1. In the preparation of the annual accounts, the applicable accounting standards have been followed alongwith proper explanation relating to material departures.

2. the Directors had selected such accounting policies and applied them consistently and made judgments and estimate 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 / loss of the Company for that period.

3. the Directors had 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.

4. the Directors had prepared the annual accounts on a going concern basis.

FIXED DEPOSITS

As of 31st March, 2013, there are no unclaimed or unpaid deposits within the meaning of Section 58Aof the Companies Act, 1956.

DIRECTORS

Mr. Anil S. Mavinkurve. Director of the Company retires by rotation and being eligible offers herself for re-appointment.

AUDITORS & AUDIT REPORT

M/s. J. K. Khanna & Co., Chartered Accountants, retire at the conclusion of the ensuing Annual General Meeting. They have indicated that due to restructuring at their end, they wM be not be able to accept this assignment. In their place the restructured entity ASJ & Co.. LLP has expressed their willingness to accept the assignment of Statutory Auditor of the Company. Accordingly, the new firm being eligible, offer their services for appointment You arc requested toappoint the new Statutory Auditors forthe current year.

The Notes on Accounts referred to in the Auditors'' Report are self-explanatory and therefore do not call for any further comment except that accounts of the Company are prepared on a going concern basis as managements is taking steps for revival of the Company and payment of statutory dues in time.

Conservation of Energy, Technology Absorption and Foreign Exchange Earning and Outgo

There was no foreign exchange earnings and outgo during the year.

Considering the nature of the activities carried out by the Company, the other particulars specified in Section 217 (1) (e) of the Companies Act 1956, read with the Companies (Disclosure of Particulars in the Report of the Board of Directors) Rules, 1988, are not applicable.

PARTICULARS OF EMPLOYEES

The Company has not employed any employee during the year under review and accordingly, particulars specified under Section 217 (2A) of the Companies Act, 1956, read with the Companies (Particulars of Employees) Rules, 1975, are not applicable.

SECRETARIAL COMPLIANCE CERTIFICATE

In accordance with the provisions of Section 383A of the Companies Act, 1956, a Certificate from M/s. Sanjay Sangani & Co., Company Secretaries, has been given to the Company,

LISTING OF SHARES

The Company has made an application to the Bombay Stock Exchange Ltd. for revocation of suspension of shares from trading on the Stock Exchange. The Company has paid Annual Listing Fees for the year 2012-13 to the Bombay Stock Exchange Ltd.

ACKNOWLEDGMENT

The Directors would like to place on record their sincere thanks for the co-operation received during the year from the Business Associates and Govemment Authorities.



For and on behalf of the Board





Place: Mumbai Sanjay R. Kaushik

Date: 2nd September, 2013 Chairman

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Mar 31, 2012

The Directors have pleasure in presenting the Forty Fourth Annual Report and Audited Statement of Accounts for the year ended 31st March 2012.

Financial Results 31.03.2012 31.03.2011 Rs. Rs.

Profit/(Loss) before Depreciation (19,73,641) 25,070

Depreciation 2,362 3,937

Profit/(Loss) for the year after Depreciation (19,76,003) 21,133

Provision for Taxation - -

Profit/(Loss) after Taxation (19,76,003) 21,133

Balance as per Balance Sheet brought forward (43,61,665) (43,82,798)

Balance carried forward to Balance Sheet (63,37,668) (43,61,665)

DIVIDEND

In view of the losses incurred during the year and carried forward losses, the Board has not recommended any dividend for the year ended on 31st March 2012.

Operations

The operations of your Company during the year were at a low level with some trading in recording charts. As a means to revive the fortunes of your Company, the Management is actively considering entering the field of horticulture and associated agro-based industries.

Directors Responsibility Statement

As required under Section 217 (2AA) of the Companies Act, 1956, the Directors hereby confirm that:

1. In the preparation of the annual accounts, the applicable accounting standards have been followed alongwith proper explanation relating to material departures.

2. the Directors had selected such accounting policies and applied them consistently and made judgments and estimate 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/loss of the Company for that period.

3. the Directors had 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.

4. the Directors had prepared the annual accounts on a going concern basis.

FIXED DEPOSITS

As of 31st March, 2012, there are no unclaimed or unpaid deposits within the meaning of Section 58A of the Companies Act, 1956.

DIRECTORS

Mrs. Sumitra S. Kaushlk, Director of the Company retires by rotation and being eligible offers herself for re-appointment.

AUDITORS & AUDIT REPORT

M/s. J. K. Khanna & Co., Chartered Accountants, retire at the conclusion of the ensuing Annual General Meeting and being eligible, offer themselves for re-appointment. You are requested to appoint the Statutory Auditors for the current year and fix their remuneration.

The Notes on Accounts referred to in the Auditors' Report are self-explanatory and therefore do not call for any further comment except that accounts of the Company are prepared on a going concern basis as managements is taking steps for revival of the Company and payment of statutory dues in time.

Conservation of Energy, Technology Absorption and Foreign Exchange Earning and Outgo

There was no foreign exchange earnings and outgo during the year.

Considering the nature of the activities carried out by the Company, the other particulars specified in Section 217 (1) (e) of the Companies Act, 1956, read with the Companies (Disclosure of Particulars in the Report of the Board of Directors) Rules, 1988, are not applicable.

PARTICULARS OF EMPLOYEES

The Company has not employed any employee during the year under review and accordingly, particulars specified under Section 217 (2A) of the Companies Act, 1956, read with the Companies (Particulars of Employees) Rules, 1975, are not applicable.

SECRETARIAL COMPLIANCE CERTIFICATE

In accordance with the provisions of Section 383A of the Companies Act, 1956, a Certificate from M/s. Sanjay Sangani & Co., Company Secretaries, has been given to the Company,

LISTING OF SHARES

The Company has made an application to the Bombay Stock Exchange Ltd. for revocation of suspension of shares from trading on the Stock Exchange. The Company has paid Annual Listing Fees for the year 2012-13 to the Bombay Stock Exchange Ltd.

ACKNOWLEDGMENT

The Directors would like to place on record their sincere thanks for the co-operation received during the year from the Business Associates and Government Authorities.

For and on behalf of the Board

Sanjay R. Kaushik Chairman

Place: Mumbai Date : 30th August, 2012

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Mar 31, 2010

The Directors have pleasure in presenting their Forty Second Annual General Report and Statement of Accounts for the financial year ended 31st March 2010.

FINANCIAL RESULTS

31.03.2009 31.03.2010 Rupees Rupees

Profit / (Loss) before Depreciation 4,556 25,183

Depreciation 10,936 6,562

Profit / (Loss) for the year after depreciation (6,380) 18,621

Excess / (Short) Provision of Tax for earlier year - - Transfer to Balance Sheet (4,401,419) (4,382,799)

The Directors regret their inability to recommend any dividend.

OPERATIONS

Operations.

The operations of your Company during the year were at a tow level. However, we have continued trading in recording charts and supplied the same to some of our valued customers with whom we have had long standing relationships through the years.

The management of your Company is also on a lookout for good viable projects related to the current instrumention or allied fields.

For and on behalf of the Board

Place : Mumbai S. R. Kaushik

Date : 28th August 2010 Chariman