డైరెక్టర్ల నివేదిక Namtech Electronic Devices Ltd.

Mar 31, 2012

The directors hereby present the Twenty Fifth Annual Report together with he Audited Accounts of the company for the year ended 31st March 2012

FINANCIAL RESULTS:

The Comparative financial results for the period are as under:

2011-12 2010-11 (Rs inLacs) (Rs in Lacs)

Sales & Services Nil Nil

3rofit/(Loss) before Depreciation (5.13) (23 56)

Less:

a)Financial Charges & Interest Nil Nil

Depreciation 0.25 0 25

c)Tax Expenses(deferred tax) Nil Nil

Miscellaneous Expenses w/o Nil Nil

Profit/(Loss)after Providing for (119.02) (23 94)

Extraordinary Items Performance Review

During the year under review, production continued to be suspended and there was no business Accordingly the Company Incurred a net loss of Rs.119.02 Lacs as against the loss of Rs 23.94 Lacs in the previous year The Increase in net Loss was mainly due to writing off Bad Debts to the extent off Rs. 192.70 Lakhs & Reduction in Sales Tax Liabality by Rs.77.85 Lakhs The Company continues to have Sales Tax and Income tax dues which has lead to huge liquidity crunch

Business Outlook for the Year 2012-2013 .

With the sale of Factory Land, Buildings and Plant and Machinery, there is no scope for business fortunes in the near future Corporate Governance

A separate report on Corporate Governance is annexed hereto as Annexure B and forms part of this report.

Directors Responsibility Statement

i) that in the preparation of the annual accounts, the applicable accounting standards had been followed along with proper explanation relating to material departures;

n)that the directors had selected such accounting policies and applied them consistently and made judgements 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, i.e 31s1 March 2012 and of the profit or loss of the company for the year ended 31s1 March 2012 ;

iii that the directors had taken proper and sufficient care for the maintenance of adequate accounting records in accordance with the provisions of this Act for safeguarding the assets of the company and for preventing and detecting fraud and other irregularities;

iv) in view of disposal of infrastructure, that the directors had prepared the annual accounts not on a going concern basis.

Directors:

Mrs. Uma Devi Nambiar retires at this AGM and she is eligible for re-appointment. Fixed Deposits

During the year under review, your Company did not accept any Fixed Deposits from the public -

COMPANY’S DISCLOSURE OF PARTICULARS IN THE REPORT OF BOARD OF DIRECTORS RULES, 1988:-

There were neither energy conservation measures, nor technology absorption involved during the year under consideration. No research and development work was carried on.

Foreign Exchange earnings : Nil Foreign Exchange outgo : Nil

Particulars of Employees:-

The Company had no employee drawing remuneration as prescribed U/s.217 (2A) of the Companies Act 1956 read with the Companies (particulars of. employees) Rules,1975 Clause 49 of the Listing Agreement:

a) During the year under report the trading of the company's securities continues to be Suspended by the Stock Exchanges with which the shares are listed.

b) The names and addresses of the Stock Exchanges with which the company's Securities are listed are as follows:

i) Bangalore Stock Exchange Ltd, 51, Stock Exchange Towers, 1sl cross, JC Road, Bangalore 560 027

ii) The Stock Exchange Mumbai, Phirozejeejeebhoy towers, Dalai street, Mumbai-400 001

iii) The annual listing fees of the above Stock Exchanges have not been paid due to financial sickness of the Company.

Auditors

M/s. Chandran and Raman, Chartered Accountants, Bangalore, retire as Auditors of the Company at the conclusion of the ensuing Annual General Meeting and are eligible for re-appointment

For and on behalf of the Board of Directors,

Place : Bangalore

Date : 25.08.2012

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Mar 31, 2011

The directors hereby present the Twenty Fourth Annual Report together with the Audited Accounts of the company for the year ended 31st March 2011.

FINANCIAL RESULTS:

The Comparative financial results for the period are as under:

2010-11 2009-10 (Rs.in Lacs) (Rs.in Lacs)

Sales & Services Nil Nil Profit/(Loss) before Depreciation

interest and tax (24.56) (9.78) Less: a)Financial Charges & Interest Nil Nil

Depreciation 0.25 0.25

c)Tax expenses (deferred tax) Nil Nil

Miscellaneous Expenses w/o Nil Nil

Profit/(Loss)after tax (24.81) (10.03)

Performance Review

During the year under review, production continued to be suspended and there was no business. Accordingly the Company Incurred a net loss of Rs.24.81Lacs as against the loss of Rs. 10.03 Lacs in the previous year the Company continues to have huge Sales Tax and Income tax dues which has lead to urge liquidity crunch

Business Outlook for the Year 2011-2012

With the sale of Factory Land, Buildings and Plant and Machinery, there is no scope for business fortunes in the near future.

Corporate Governance

A separate report on Corporate Governance is annexed hereto as Annexure B and forms part of this report.

Directors Responsibility Statement

i) that in the preparation of the annual accounts, the applicable accounting standards had been followed along with proper explanation relating to material departures;

ii) that the directors had 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, i.e 31st March 2011 and of the profit or loss of the company for the year ended 31st March 2011 ;

iii) that the directors had taken proper and sufficient care for the maintenance of adequate accounting records in accordance with the provisions of this Act for safeguarding the assets of the company and for preventing and detecting fraud and other irregularities;

iv) in view of disposal of infrastructure, that the directors had prepared the annual accounts not on a going concern basis.

Directors:

Mr. J Alexander retires at this AGM and he is eligible for re-appointment.

Fixed Deposits

During the year under review, your Company did not accept any Fixed Deposits from the public

COMPANY'S DISCLOSURE OF PARTICULARS IN THE REPORT OF BOARD OF DIRECTORS RULES, 1988:-

There were neither energy conservation measures, nor technology absorption involved during the year under consideration. No research and development work was carried on.

Foreign Exchange earnings : Nil

Foreign Exchange outgo : Nil

Particulars of Employees:-

The Company had no employee drawing remuneration as prescribed U/s.217 (2A) of the Companies Act 1956 read with the Companies (particulars of employees) Rules, 1975 Clause 49 of the Listing Agreement:

a) During the year under report the trading of the company's securities continues to be Suspended by the Stock Exchanges with which the shares are listed.

b) The names and addresses of the Stock Exchanges with which the company's Securities are listed are as follows:

i) Bangalore Stock Exchange Ltd, 51, Stock Exchange Towers, 1st cross, JC Road, Bangalore 560 027

ii) The Stock Exchange Mumbai, Phirozejeejeebhoy towers, Dala street, Mumbai-400 001

iii) The annual listing fees of the above Stock Exchanges have not been paid due to financial sickness of the Company.

Auditors

M/s. Chandran and Raman, Chartered Accountants, Bangalore, retire as Auditors of the Company at the conclusion of the ensuing Annual General Meeting and are eligible for re-appointment.

For and on behalf of the Board of Directors,

Place : Bangalore

Date : 02.09.2011

Director Director

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Mar 31, 2010

The directors hereby present the Twenty Third Annual Report together with the Audited Accounts of the company for the year ended 31st March 2010.

FINANCIAL RESULTS:

The Comparative financial results for the period are as under:

2009-10 2008-09 (Rs.inLacs) (Rs.in Lacs)

Sales & Services Nil Nil

Profit/(Loss) before Depreciation

interest and tax (9.78) (28.94)

Less:

a)Financial Charges & Interest Nil Nil

b)Depreciation 0.25 0.25

c)Deferred Tax Reversed Nil 284.72

Miscellaneous Expenses w/o . Nil Nil

Prqfit/(Loss)after tax (10.03) (315.26)

Performance Review

During the year under review, production continued to be suspended and there was no business. Accordingly, the Company incurred a net loss of Rs. 10.03 Lacs as against the loss of Rs. 29.18 Lacs in the previous year. The Company still has huge balanca of sales tax and income tax dues which has left the Company with huge liquidity crunch.

Business Outlook for the Year 2009-2010

With the sale of Factory Land, Buildings and Plant and Machinery, there is no scope for business fortunes in the near future.

Corporate Governance

A separate report on Corporate Governance is annexed hereto as Annexure B and forms part of this report.

Directors Responsibility Statement

i) that in the preparation of the annual accounts, the applicable accounting standards had been followed along with proper explanation relating to material departures;

ii) that the directors had selected such accounting policies and applied them consistently and made judgements 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, i.e 31st March 2010 and of the profit or loss of the company for the year ended 31st March 2010;

iii) that the directors had taken proper and sufficient.care for the maintenance of adequate accounting records in accordance with the provisions of this Act for safeguarding the assets of the company and for preventing and detecting fraud and other irregularities;

iv) in view of disposal of infrastructure, that the directors had prepared the annual accounts not on a going concern basis.

Directors:

Mr. K.P.P. Nambiar retires at this AGM and he is eligible for re-appointment.

Fixed Deposits

During the year under review, your Company did not accept any Fixed Deposits from the public

COMPANYS DISCLOSURE OF PARTICULARS IN THE REPORT OF BOARD OF DIRECTORS RULES, 1988:-

There were neither energy conservation measures, nor technology absorption involved during the year under consideration. No research and development work was carried on.

Foreign Exchange earnings : Nil

Foreign Exchange outgo : Nil

Particulars of Employees:-

The Company had no employee drawing remuneration as prescribed U/s.217 (2A) of the Companies Act 1956 read with the Companies (particulars of employees) Rules, 1975

Clause 49 of the Listing Agreement:

a) During the year under report the trading of the companys securities continues to be Suspended by the Stock Exchanges with which the shares are listed.

b) The names and addresses of the Stock Exchanges with which the companys .Securities are listed are as follows:

i) Bangalore Stock Exchange Ltd, 51, Stock Exchange Towers, 1st cross, JC Road, Bangalore 560 027

ii) The Stock Exchange Mumbai, Phirozejeejeebhoy towers, Dalai street, Mumbai-400 001

iii) The annual listing fees of the above Stock Exchanges have not been paid due to financial sickness of the Company.

Auditors

M/s. Kumbhat & Co.,Chartered Accountants, Bangalore, retire as Auditors of the Company at the conclusion of the ensuing Annual General Meeting and are eligible for re-appointment.

For and on behalf of the Board of Directors,

Place : Bangalore

Date : 30.08.2010

Director Director