KARTIK INVESTMENTS TRUST LIMITED · MESSRS. KARTIK INVESTMENTS TRUST LIMITED "Parry House", II Floor, No.43, Moore Street, Chennai - 600 001. We have examined the LIMITED (the Company)

KARTIK INVESTMENTS

TRUST LIMITED

33rd ANNUAL REPORT 2010-2011

CONTENTS

Notice to shareholders 1

Directors report 2

List of Promoters 10

Auditors Report 11

Balance Sheet 14

Profit and Loss account 15

Schedules to accounts 16

Cash flow statement 21

NOTICE TO THE SHAREHOLDERS

Notice is hereby given that the thirty third annual general meeting of the shareholders of Kartik Investments Trust Limited will be held at the Registered Office of the Company Parry House No43 Moore Street Chennai 600 001 at 4 pm on Wednesday the 31 st August 2011 to transact the following business

ORDINARY BUSINESS

1 To receive consider and adopt the audited Profit and Loss Account for the year ended 31 st March 2011 and the Balance Sheet as at that date and the Report of the Board of Directors and the Auditors thereon

2 To appoint a director in the place of Mr R Surendran Director who retires by rotation and being eligible offers himself for re-appointment

3 To appoint Mis Shanker Giri amp Prabhakar Chartered Accountants Chennai bearing registration nO003761S as auditors of the company to hold office from the conclusion of thirty third annual general meeting till the conclusion of the thirty fourth annual general meeting at a remuneration to be fixed by the Board

On behalf of the Board

Chennai SURESH KRISHNAN May 132011 DIRECTOR

NOTES

1 A member entitled to attend and vote at the above meeting may appoint one or more proxies to attend and vote instead of him The proxy need not be a member of the Company Proxy to be valid shall be deposited with the Company not later than forty eight hours before the time for holding the meeting

2 The Register of members and share transfer books will remain closed from Friday the 26th August 2011 to Wednesday the 31 st August 2011 (both days inclusive)

3 Members are requested to notify immediately any change in the address to the Registered Office ofthe Company



1

DIRECTORS REPORT

Your directors present the thirty third annual report together with the audited accounts for the year ended 31 st March 2011

( Rs in lakhs) FINANCIAL RESULTS Year ended March

312011 Year ended March

312010 Income 217 2923 Expenses 122 365 Profit I(Loss) before taxation 095 2557 Profit I (Loss) after taxation 095 2190

OPERATIONS

During the year under review the gross income of the Company was at Rs217 lakhs as against Rs2923 lakhs (which includes the profit on sale of investments of Rs2710 lakhs) during the previous year The Company made a profit after tax of Rs095 lakhs as against Rs2190 lakhs during the previous year

DIRECTORS

Mr R Surendran Director retires by rotation at the ensuing annual general meeting and being eligible has offered himself for re-appointment

AUDITORS

MIs Shanker Giri and Prabhakar Chartered Accountants Chennai retire at the ensuing annual general meeting and are eligible for re-appointment

DIRECTORS RESPONSIBILITY STATEMENT

The Directors Responsibility Statement under Section 217 (2AA) of the Companies Act 1956 is attached and forms a part of the directors report

CERTIFICATE UNDER SECTION 383A OF THE COMPANIES ACT 1956

Certificate as required under Section 383A of the Companies Act 1956 being a report of secretarial audit by practicing company secretary is attacped with this report

CORPORATE GOVERNANCE

The Ministry of Corporate Affairs has issued Corporate Governance Voluntary Guidelines in December 2009 Some of the provisions of these guidelines are already in place and the other provisions of these guidelines are being evaluated and your Company will strive to adopt the same in a phased manner

J

2

GENERAL

During the year 31 st March 2011 there was no employee covered by the provisions of Section 217(2A) of the Companies Act 1956 There is no information to be disclosed under the Companies (Disclosure of Particulars in Report of Board of Directors) Rules 1988 in respect of particulars relating to Conservation of Energy Technology Absorption and Foreign Exchange Earnings and Outgo The Company does not accept public deposits There were no unclaimedoverdue deposits lying with the Company as on 31 st March 2011 The shares of your company are listed in The Bombay Stock Exchange Ltd

On behalf ofthe Board

Chennai RSURENDRAN May 132011 CHAIRMAN

3

DIRECTORS RESPONSIBILITY STATEMENT (Annexure to the directors report)

The Directors accept the responsibility for the integrity and objectivity of the Profit amp Loss

Account for the year ended 31 st March 20 II and the Balance Sheet as at that date (financial

statements) and confirm that

bull in the preparation of the financial statements the generally accepted accounting

principles (GAAP) of India and applicable accounting standards issued by the

Institute of Chartered Accountants of India have been followed

bull appropriate accounting policies have been selected and applied consistently and

judgments and estimates that are reasonable and prudent have been made so as to give

a true and fair view of the state of affairs of the company as at the end of the financial

year and of the profit of the company for that period

bull proper and sufficient care has been taken 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 To ensure this the company has established internal control

systems consistent with its size and nature of operations subject to the inherent

limitations that should be recognized in weighing the assurance provided by any such

system of internal controls These systems are reviewed and updated on an ongoing

basis

bull the financial statements have been prepared on a going concern basis



4

New No5 (Old No12) Sivasailam Street

OS RSridharan amp Associates TNagar Chennai - 600 017 Company Secretaries Phone 421669884350299742555587

Telefax 044-42137082 email sribhavairtelmaiLin

aryesairtelmaiLin

Il65993TN1978PlC0129131

COMPLIANCE CERTIFICATE

Name of the Company KARTIK INVESTMENTS TRUST LIMITED Registration No (CIN) L65993TN1978PLC012913 Authorized Capital Rs 10000000shyPaid-up Capital Rs 2440000shy

To The Members MESSRS KARTIK INVESTMENTS TRUST LIMITED Parry House II Floor No43 Moore Street Chennai - 600 001

We have examined the LIMITED (the Company) 1956 (the Act) and the rules made there under d Articles ofAssociation of the Company for the n and to the best of our information and accordi furnished to us by the Company its officers

1 The Company has to this certificate as per the provisions been recorded

2 The Company has fi this certificate with the Registrar of Law Board or other authorities ~_n~~_

3 The Company is a Company is a listed

4 The Board of Directors met on 24th May 2010 28th October 2010 and 28th January 2011 in respect of which meetings notices were given and proceedings were recorded including the circular resolutions dated 7th April 2010 and 4th March 2011 in the Minutes Book maintained for the purpose

5 The Company closed its Register of Members from 23rd August 2010 to 27th August 2010 (both days indusive) and necessary compliance of Section 154 of the Act hasbeen made

6 The Thirty Second Annual General Meeting for the financial year ended 31st March 2010 was held on 27th August 2010 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 any loans or given any guarantees or provided any securities to its directors or persons or firms or companies referred under Section 295 of the Act

9 The Company has not entered into any contracts falling within the purview of Section 297of(m6~r

KARnK INVESTMENTS TRUST LIMITED

5

Continuation Sheetos R Sridharan ampAssociates Company Secretaries

Il65993TN 1978PlC01291~

10 During the financial year the Company has not entered into any contracts falling within the purview ofSections 297 and 299 of the Act

11 As there were no instances falling within the purview of Section 314 of the Act the Company has not obtained any approvals 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 all the certificates on lodgment thereof for transfer in accordance with the provisions of the Act during the financial year

(ii) has not effected any allotment ofsecurities during the financial year

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

(iv) was not required to no dividend was declared during the financial

(v) has no unpaid d

(vi) has not issued eposits and hence the question of t-rinC~ matured deposits and the interest for a period ofseven

(vii)

14 The Board of appOintment of M~ V Suryanarayanan an was duly made through the of Mr V Suryanarayanan as Meeting held on 27th August 2010 to fill casual vacancy during the financial

15 The Company has not i rt-rr Manager during the financial year

16 The Company has not appointed any sole selling agents during the financial year

17 The Company was not required to obtain any approvals of the Central Government Company Law Board Regional Director Registrar and or such authorities 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 the 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 during the financial year and hence the qilestion of complying with the buy back provisions does not arise

KARTIK INVESTMENTS TRUST LIMITED

6

Continuation Sheet 8S R Sridharan ampAssociates Company Secretaries

IL65993TN1978PLC01291~

21 The Company has no preference share capital and has not issued debentures and hence the question of redemption of preference shares or debentures during the financial year does not arise

22 There were no transactions necessitating the Company to keep in abeyance the rights to dividend rights shares and bonus shares pending registration of transfer ofshares

23 The Company has not invited I accepted any deposits including any unsecured loans falling within the purview ofSection S8A during the financial year

24 The Company has not made any borrowings during the financial year

25 The Company is an investment Company and hence the provisions of Section 372A of the Companies Act 1956 is not applicable

26 The Company has not altered the provisions of the Memorandum of Association with respect to situation of the Companys registered office from one State to another during the financial year

27 The Company has not altered the provisions of the Memorandum of Association with respect to the objects of the Company

-28 The Company has not of the Company during

with respect to name

29 The Company has not capital of the Company

with respect to share

30 The Company has not

31 There was no prosecu fines or penalties or for offences under the

by the Company and no the financial year

32 The Company has no employees during the

as security from its

33 As per the information question ofcontribution

and hence the

PLACE CHENNAI DATE IgtI ~ lOI

KARnK INVESTMENTS TRUST UMITED

7 ---~-

Continuation Sheet os R Sridharan amp Associates Company Secretaries

IL65993TN1978PLC01291~

ANNEXURE A

Name of the Company KARTIK INVESTMENTS TRUST LIMITED Registration No (CIN) L65993TN197BPLC012913 Authorized Capital Rs10000000shyPaid-up Capital Rs 2440000shy

REGISTERS AS MAINTAINED BY THE COMPANY

SI No Section Number Name of the Register

1 lOB Share Transfer Register

2 143

3 150

4 151

5 193

6 193

7 301

B 303

9 307

10

11

PLACE CHENNAI DATE rb oJQ)tI

For RSRIDHA COM

RSRIDHARAN CP No 3239

FCS No 4775

KARTIK INVESTMENTS TRUST UMITED

8

os Continuation SheetR Sridharan ampAssociates Company Secretaries

Il65993TN1978PlC01291~

ANNEXURE B

Name ofthe Company KARTIK INVESTMENTS TRUST LIMITED Registration No (CIN) L6S993TN1978PLC012913 Authorized Capital Rs10000000shyPaid-up Capital Rs 2440000shy

Returns Documents Forms filed with the Registrar of Companies Regional Director Central Government or other authorities during the financial year ended 315t March 2011

FOR THE FINANCIAL YEAR 2010-2011 [01042010 To 31032011]

REGISTRAR OF COMPANIES

SI No

1

2

3

4

S

Form No

66

23AC 23ACAamp

SchVI 20B

amp SchV

32

32

Relevant Section

383A

220

159

303

303

Description Date of filing

Whether filed

within prescribed

time YesNo

If delay in filing

whether requisite

additionaJ fee paid YesNo

NA

NA

YES

NA

NA

Remarks (SRN

11 rnot- Paid)

PS2913084 RssOO - (N)

PS2914223 RsSOO- (N)

P58727660 Rs500 - (N) RsSOO A83988428 RssOO- (N)

A94796232 RsSOO- (N)

REGIONAL DIRECTOR CENTRAL GOVERNMENT amp OTHER AUTHORITIES NIL

PLACE CHENtyI DATE 131 05(10 l

CS RSRIDHARAN CPNo 3239

FCS No 4775


9-_--shy

5

10

15

20

25

30

List of Promoters of the Company belonging to the Murugappa Group pursuant to Regulation 3(1)(e)(i) of SEBI (Substantial Acquisition of Sharesamp Takeovers) Regulations 1997

NamesSI No EID Parry (India) Limited and subsidiaries

2 1

Silk Road Sugar Private Limited 3 New Ambadi Estates Private Limited amp subsidiaries 4 Ambadi Enterprises Limited amp subsidiaries

Tube Investments ofIndia Limited amp subsidiaries 6 Parry Estates Limited 7 Presmet Private Limited 8 Cholamandalam MS Risk Services Limited

Carborundum Universal Limited amp subsidiaries rds Private Limited amp subsidiaries

11

9 D

Coromandel Engineering Company Limited 12 Murugappa Educational amp Medical Foundation 13 AMM Arunachalam amp Sons Private Limited 14 AMM Vellayan Sons Private Limited

M M Muthiah Sons Private Limited 16 Murugappa amp Sons 17 Yelnoorkhan Group Estates 18 Kadamane Estates Company 19 MM Muthiah Research Foundation

A R Lakshmi Achi Trust 21 AMM Foundation 22 M V Murugappan amp Family 23 M V Subbiah amp Family 24 S Vellayan amp Family

A Vellayan amp Family 26 V Arunachalam amp Family 27 A Venkatachalam amp Family 28 M M Murugappan amp Family 29 M M Muthiah amp Family

M M Venkatachalam amp Family 31 UUottuu ~itluily 32 Arun Alagappan amp Family 33 M A M Arunachalam amp Family 34 Any company entity promoted or controlled by any of the above

Family for this purpose includes spouse dependent children and parents

10

GUHALAYA~ FlatB-7cSlianber girl tIC Jrabbakar No 262 (Old 179) Royapettah High Road

Mylapole Chennai - 600 004 Chartered Accountants Phone 2499298224991345

Fax 91-44-24997317

REPORT OF THE AUDITORS TO THE MEMBERS OF


1 We have audited the attached Balance Sheet of KARTIK INVESTMENTS LIMITED as at 31 st March 2011 and also the Profrt and Loss Account for the year ended on that date annexed thereto and the Cash Flow Statement for the year ended on that date These financial statements are the responsibility of the Companys management dur responsibility is to express an opinion on these financial statements based on our audit

2 We conducted our audit in accordance with auditing standards generally accepted in India Those 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 management as well as evaluating 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 as ilmended by the Companies (Auditors Report) (Amendment) Order 2004 (together the Order) issued by the Central Government of India in terms of sub-section (4A) of section 227 of the Companies Act 1956 and on the basis of such checks of the books and records of the company we enclose in the Annexure a statement on the matters specified in paragraphs 4and 5ofthe said Order

4 Further to our comments in the Annexure referred to above we report that

(i) We have obtained all the information and explanations which to the best of our knowledge and belief were necessary for the purposes of our audit

(ii) In our opinion proper books of accpunt as required by Law have been kept by the Company so far as appears from our examination of those books

(iii) the Balance Sheet Profit and Loss Account and the Cash Flow Statement dealt with by this report are in agreement with the books ofaCCOunt

(iv) In our opinion the Balance Sheet Profit and Loss Account and the Cash Flow Statement dealt with by this Report comply with the accounting standards referred to in sub-section (3-C) of Section 211 of the Companies Ad 1956

(v) On the basis of the written representations received from the directors as on 31 5t March 2011 and taken on record by the Board of Directors we report that none of the directors is disqualified as on 31 st

March 2011 from being appointed as a directorin terms of clause (g) of sub-section (1) of section 274 ofthe Companies Act 1906

(vi) In our opinion and to the best ofour information and according to the explanations given to us the said accOunts together with the schedules attached thereto give the information required by the Companies Act 1956 in the manner so reqllired and gives a true and fair view in conformity with the accounting principles generally aCcepted in India a) in the case of the Balance Sheet of the state of affairs of the Company as at 31 sl March 2011 and b) in the case of the Profit and Loss Account of the profit for the year ended on that date and c) in so far a it relates to the Cash Flow Statell1(mt of the cash flows of the company for the year

ended on that date~

For SHANKER GIRl amp PRABHAKAR Chartered Accountants

Firm Registration Number =03761S

PPRABHAKAR RAO CHENNAI 13OS) 2 81 Partner

Membership Number 18408

11

middotGUHALAYA~ Flat B-7c5lianber Siriamp PraMaiar No ~62 (Old 179) Royapettah High Road

Myapore Chennai - 600 004Chartered Accountants Phone 2499 2982 2499 1345

Fax 91-44-2499 7317

Annexure referred to in Paragraph 3 of the Auditors Report to the Members of Kartik Investments Trust Limited on the accounts for the year ended 31 st March 2011

(i) The Company does not have any fixed assets and hence reporting on the same does not arise

(ii) The Company is an Investment Company and does not hold any inventory and hence reporting on physical verification of inventory and maintenance of inventory records does not arise

(iii) The Company has neither granted nor taken any loans secured or unsecured to I from companies firms or other parties covered in the register maintained under section 301 of the Act

(iv) In our opinion and according to the information and explanations given to us the internal control system is commensurate with the size of the company and the nature of its business

(v) According to the information andmiddot explanations given to us there are no contracts or arrangements referred to in Section 301 of the Companies Act 1956 during the year that need to be entered in the register maintained unltler that Section

(vi) The Company has not accepted any deposits from the Public

(vii) The Company has no formal internal audit department as such However its control procedures ensure reasonable internal checking of its financial and other records

(viii) Maintenance of cost records have not been prescribed by the Central Govemment in respect of the business carried on by the Company

(ix) a) The Company is regular in depositing with appropriate authorities undisputed statutdry dues like InCome tax and Service tax The Company did not have any dues in respect of Provident Fund Employees State InsuranQe investor education protection fund sales tax wealth taxcOsf6m duty excise duty and cess

b) AcCording tathe information and explanation given to us there are no dues of sales tax income tax customs duty wealth taxservice tax excise duty and cess which have not been depositetJ on account of any dispute

(x) The Company has no accumulated losses as at 31 st March 2011 It has not incurred any cash loss during the year and duringJheimmediately preceding financial year

(xi) In our opinion and according to the information and explanations given to us the company has not defaulted in repayment df dues to any financial institution or bank The company has not issued any Debentures

(xii) The Company has not granted any loans and advances on the basis of security by way of pledge of ihlres debentures and other securities

(xiii) The provisionsmiddot of any special statute applicable to chit fund I nidhi I mutual benefit fund I societies are nat applicable to the Company

12

middotGUHALAYA~ Flat B-7 rS6anJer Siri tl Pra6lialar No 2fj2 (Old 179) Royapettah High Road

Mylapore Chennai - 600 004Chartered Accountants Phone 2499 2982 2499 1345

Fax 91-44-2499 7317

(xiv) In our opinion and according to the information and explanations given to us the company has maintained proper records of the transactions and contracts relating to dealings in shares securities debentures and other investments and these are held by the company in its own name

(xv) According to the information and explanations given to us the Company has not given

guarantees for loans taken by others from bank or financial institutions

(xvi) The Company has not taken any Term Loans and hence reporting on the utilisation of such loans does not arise

(xvii) According to the information and explanations given to us and on an overall examination of the balance sheet of the company as at 31 st March 2011 we report that short term funds have not been used for long term investment

(xviii) The Company has not made any preferential allotment of shares to parties and companies covered in the Register maintained under section covered in the Register maintained under section 301 of the Companies Act 1956 shy

(xix) The Company has not issued any Debentures and hence the question of reporting on creation of security or charge in respect of Debentures issued does not arise

(xx) The Company has not raised any resources by way of public issues- and hence the question of reporting on the disclosure relating to end use of such resources does not arise

(xxi) During the course of our examination of the books and records of the company carried out in accordance with the generally accepted auditing practices in India and according to the information and explanations given to us we have neither come across any instance of fraud on or by the company noticed or reported du~ng the year nor have we been informed of such case by the management


Firm Registration Number 03671S ~

~Y-~~d0~ Iti ~~(i(CHIIRTERED ~ll-lt CCOUtONlSIgt

PPRABHAKAR RAO 1 -t- )7 J ~ iPartner ~~- ~ r~ 1CHENNAI 13 I bS 2 0

Membership Number 18408 ~~~1f~~ ~--

13

Kartik Investn1ents Trust Limited

Balance Sheet as at March 31st 2011

Sources of Funds

As at 3I-Mar-2011 Rs

As at 3I-Mar- 2010

amp

1 Shareholders Funds

Share Capital

Reserves amp Surplus

Surplus in Profit and Loss Account

A 2440000

7742926

2440000

7648411

10182926 10088411

Application of Funds

1 Investments B 590521B 5905218

2 Current Assets loans amp advances

Cash amp Bank balances

Loans amp Advances

(A)

C

D

3026246

1289174

4315419

191695

4036954

4228649

Less Current L1abilHles amp Provisions

Liabilities E 37711 45456

Net Current Assets

(B)

(A) - (B)

37711

4277708

46456

4183193

Notes on Accounts I

10182926 10088411

This is the Balance Sheet referred to in our report of evex date

For Shanker Girl amp Prabhakar

P Prabhakar Rao Partner

R Surendran Suresh Krishnan Chairman Director

14

Karlik Investments Trust Linlited

Profit amp loss account for the year Ended March 312011

Sch~dgl Y~i~ Y~ar~nded 31-Mar-2011 U-Mar-2010

Income Rs

Interest ampOther Income F 216561

216561

Expenses

Administrativeamp Other Expenses G 122046

Interest H

122046

ProfitCLoss) before taxation 94515

Provision for taxation - Current Tax

ProfitCLoss) after taxation 94515

Balance brought forward from previous year 7648411

Balance carried to Balance Sheet 7742926

Notes on Accounts I

Rs

2922578

2922578

198697

166413

365110

2557467

367200

2190267

5458144

7648411

This is the Profit amp Loss Account referred to in our report of even date


Chartered Accountants

P Prabha~r Rao RSurendran ~Krishnan Partner Chaittman Director Place Chennai

Date 13 oS2011

15

Kartik Investments Trust Limited

Schedules to Balance Sheet As at 31-Mar-2011 As at 31-Mar- 2010

A Share Capital Rs Rs

Authorised

1000000 Equity shares of RslO each 10000000 10000000

10000000 10000000 Issued subscribed and paid-up

244000 Equity shares of Rsl 0 each fully paid 2440000 2440000

2440000 2440000

B Investmentsmiddot At Cost F~llValye N2 ~ ~ ~

long Term - Non Trade Rs

In fully paid Equity Shares

Quoted

The Coromandel Engineering Co Ltd 10 26876 191443 26876 191443

(11) 191443 191443

Unguoted

Cholamandalam MS Risk Services Ltd 10 10008 100080 10008 100080

Chola Business Services Ltd 10 9500 95000 9500 95000

Murugappa Management Services Ltd 100 6727 675150 6727 675150

Murugappa Morgan Thermal Ceramic Ltd 10 42 42

Parry Engineering amp Exports Ltd 10 201600 1754726 201600 1754726

Cholamandalam MS General Insurance Ltd 10 100 1000 100 1000

Amaravathi Sri Venkatesa Paper Mills Ltd 10 70000 3087777 70000 3087777

(B) 5iI3775 5713775

Total (A + B) 5905218 5905218

Market Value oCQouted Investments 5912720 5267696

16

Kartik Investments Trust Linlited

Schedules to Balance Sheet

C Cash and Bank balances

Balances with Scheduled hanks

- On Current Account

- On Deposit Account

D Loans and Advances (Unsecured Considered Good)

Short Term Deposit and advances with Companies

Interest accrued but not due on Bank Deposits

Advance payment of tax and Tax deducted

at source (Net of prOvision for tax - Rs378366shy

(2010 - Rs378366-)

L Current Uabilities

Provisions Payable

Other Liabilities

As at 3I-Mar-2011

226245

2800000

3026245

67303

l22187l

1289174

24817

12894

37711

As at 31-Mar- 2010

191695

191695

2800000

1236964

4036954

29781

16676

45456

17

Karlik Investments Trust Limitedmiddot

Schedules to Profit and loss account

Yearended 31-My-2011

F Interest amp Other Income Rs Rs

Interest -leD Placed (TDS Rs 3498-) 34981 31913

- Deposits with Bank (TDS -Rs7478-) 74781

Dividend 106799 181130

Profit on Sale of Investments 2709535

216561 2922578

6 Administrative Expenses

Rates amp Taxes 12530 24225

Advertisement 46558 89907

Printing amp StCtionery 2520

Auditors Remuneration

- For Audit 27575 27575

- For Certification 16545 10927

Legal and Professional charges 16318 46063

122046 198697

H Interest

Interest on fixed loans 163897

Bank charges 2516

166413

18

Karlik Investments Trust Umited

Schedules to accounts for the year ended 31st March 2011

K Notes on Accounts

1 SIGNIFICJ1NT ACCOUNTING POLICIES

a) BASIS OF ACCOUNTING

The accounts of the Company have been prepared on a Going Concern Basis

b) REVENU8 RECOGNITION Accual basis of accounting has been adopted for both revenue and costs

c) INVESTMENTS

Investments are valued at cost and income arising there from is accounted on accrual basis The diminution il

the market value of suCh investments has been provided for wherever such diminutionis considered

permanent

Z In accordance with the provisions of Accounting Standard 22 Accounting for Taxes on Income issued by

the Institute of Chartered Accountants of India Deferred Tax Asset attributable to unabsorbed carried over

business losses and losses under the head Capital Gains as at 31-03-2011 is not recognised in viewofthe

uncertainty regai-dng its utilisation by way of set off in subsequent years The aggregate deferred tax asset not recoqnised as at 31st March 20 11 is Rs43611acs

3 Related parties

There are no related parties

4 Earning per sharfi llillHl ~ Rs Rs

a) Profit as per Profit and Loss account 94515 2190267

b) Weighted average number of Equity Shares

of Rs10 each outstanding during the year 244000 244000

c) Earnings per share 039 81)8

5 Segment Reporting

The Company is engaged in the b~inessOf dealing in Investments and Finance and hence this is considered

the only business segment

6 Previous years figures have been reclassified whereever necessary to confirm to the classification

adopted in these accounts

SIGNATURES TO SCHEDULES A TO K


P Prabhakar Rac Partner

RSurendran )uresh Krishnan Chairman Director

19

I

Karlik Investments Trust Limited

Balance Sheet Abstract and Companys General Business Profile AS PER PART IV TO SCHEDULE VI TO THE COMPANIES ACT 1956

Registration Details

Registration No cr-ItliJm~J]J State Code

Balance Sheet Date 131110 InZrD 11 UJ Capital raised during the year (Amount in Rs Thousands)

Public Issue

I I Bonus Issue Private Placement

Cl~ I Nrmmrmcm

11 Position of Mobilisation and Deployment ofF~nds (Amount in Rs Thousands)

Total Uabilities

[] I I 1110 1813 Source ofFunds

Paid-up capital

-gt-1---------I------------------11mmlm 4 I 4 10 I Secured Loans

Application ofFunds

Net fixed assets

Deferred Tax Asset

Miscellaneous expenditure Accumulated losses

[T I I I I Nil ILl IV Performance of Company (Amount in Rs Thousands)

+ Profit before Tax + ProfiVlossanerTax

(Please tick Appropriate box + for Profit - for Loss)

V Generic Names of Three Principal ProductsServices of Company (as per monetary terms)

Product Description Investments


P Prabhakar

Partner RSurenruan Suresh Krishnan Chairman Director

20


CASH FLOW STATEMENT FOR THE YEAR ENDED MARCH 312011

2009-20102010-2011

A CASH FLOWS FROM OPERATING ACTIVITIES

2551461NET PROFIT(LOSS) BEFORE TAX 94515

ADJUSTMENTS FOR Interest Received (31913)(109162)

(2109535)Profit on sale of investments -(181130)Dividend (106199) 166413Interest expeIlSes -

(198698)(122046)OPERATING PROFIT BEFO~WORKING CAPITAL CHANGP

ADJUSTEMENTS FOR Trade and Other Receivables (2800000)2132691

(11616)Trade Payables (1145)

(3016374)CASH GENERATED FROM OPERATIONS 2602906

- (166413)Interest Paid (3191)15083Direct IltPl(1spaid Irefunds

(3185978)2617989NET CASH FROM OPElUlTING ACTlVITIES (A)

B CASH FLOW FROM INVESTING ACTIVITIES

-Loans and Advances Sale I (Purchase) of Investments

--5092929Sale of Investments -

31913Interest Received on Bank and Other deposits 109762 181130Dividend Received on Investments 106799

5305972

C CASH FLOW FROM FINANCING ACTIVITIES

216561NET CASH USED IN INVESTING ACTlVITlES (B)

(2300000)Repayment of borrOwings

(2300000)NET CASH USED IN FINANCING ACTIVITIES (0) -(180006)2834550NET INCREASE IN CASH AND CASH EQUIVALENTS (A+B+O)

371701191695CASH AND CASH EQUIVALENTS AS AT BEGINNING OF THE YEAR I

GASH AND CASH EQUIVALENTS AS AT THE END OF THE YEAR 1916953026245

This is tlJ~ Cash Flow Statement referred to in our report of even date

P Prabhakar Rao Pal1ner

Place Chennai

RSurendran Sresh Krishnan Chairman Director

Date 13oS2 Ofl

21

Registered Office KARTIK INVESTMENTS TRUST LIMITED

PARRY HOUSE No43 Moore Street Parrys Chennai 600 001

Folio No ADMISSION SLIP

Name amp Address of Member

I certify that I am a registered Shareholder of the Company and hold Shares

Please indicate whether Member Proxy

Members Proxys Signature Notes I Shareholders Proxy holders must bring the Admission Slip to the meeting and hand over the

same at the entrance duly signed

2 Shareholders are requested to advise their change in address ifany to the Companys Registered Office quotingfolio numbers

KARTIK INVESTMENTS TRUST LIMITED Registered Office PARRY HOUSE No43 Moore Street Parrys Chennai 600001

PROXY FORM Folio No No of Shares

I We of

Being a Member Members of Kartik

Investments Trusts Limited hereby appoint

of or failing him her

of as my proxy to

attend and vote for me us on my our behalf in the manner indicated below at the Thirty third Annual General Meeting of the Company to held at 4 pm on Wednesday the 31 s1 August 2011 and at any adjournment thereof

For item Nos -

Against item Nos -

Signed this day of 2011 ---

Affix 15 Paise Signature ofthe Member Proxy Revenue

I

I

bull__ ~~~__ J I

Note The Proxy form must reach the Registered Office ofthe Company not less that 48 hours before the time for holding the aforesaid meeting The Proxy need not be a Member ofthe Company

This is only optional please fiJI up item nos as appearing in the notice of the AGM Ifyou leave the item nos blank your proxy will be entitled to vote in the manner as heshe thinks appropriate

CONTENTS

Notice to shareholders 1

Directors report 2

List of Promoters 10

Auditors Report 11

Balance Sheet 14

Profit and Loss account 15

Schedules to accounts 16

Cash flow statement 21



ORDINARY BUSINESS






NOTES






1

DIRECTORS REPORT





OPERATIONS


DIRECTORS


AUDITORS








J

2

GENERAL




3



















basis




4




aryesairtelmaiLin

Il65993TN1978PlC0129131















5


Il65993TN 1978PlC01291~




13 The Company





(v) has no unpaid d


(vii)









6


IL65993TN1978PLC01291~


















and hence the



7 ---~-


IL65993TN1978PLC01291~

ANNEXURE A





2 143

3 150

4 151

5 193

6 193

7 301

B 303

9 307

10

11


For RSRIDHA COM


FCS No 4775


8


Il65993TN1978PlC01291~

ANNEXURE B





SI No

1

2

3

4

S

Form No

66

23AC 23ACAamp

SchVI 20B

amp SchV

32

32

Relevant Section

383A

220

159

303

303


Whether filed

within prescribed

time YesNo

If delay in filing

whether requisite


NA

NA

YES

NA

NA

Remarks (SRN

11 rnot- Paid)

PS2913084 RssOO - (N)



A94796232 RsSOO- (N)




FCS No 4775


9-_--shy

5

10

15

20

25

30



2 1




11

9 D







10



Fax 91-44-24997317














ended on that date~





11



Fax 91-44-2499 7317
















12



Fax 91-44-2499 7317















13



Sources of Funds


As at 3I-Mar- 2010

amp


Share Capital



A 2440000

7742926

2440000

7648411

10182926 10088411





Loans amp Advances

(A)

C

D

3026246

1289174

4315419

191695

4036954

4228649



Net Current Assets

(B)

(A) - (B)

37711

4277708

46456

4183193

Notes on Accounts I

10182926 10088411





14




Income Rs


216561

Expenses


Interest H

122046






Notes on Accounts I

Rs

2922578

2922578

198697

166413

365110

2557467

367200

2190267

5458144

7648411





Date 13 oS2011

15




Authorised




2440000 2440000




Quoted


(11) 191443 191443

Unguoted








(B) 5iI3775 5713775

Total (A + B) 5905218 5905218


16












(2010 - Rs378366-)


Provisions Payable

Other Liabilities

As at 3I-Mar-2011

226245

2800000

3026245

67303

l22187l

1289174

24817

12894

37711

As at 31-Mar- 2010

191695

191695

2800000

1236964

4036954

29781

16676

45456

17







Dividend 106799 181130


216561 2922578






- For Audit 27575 27575



122046 198697

H Interest


Bank charges 2516

166413

18



K Notes on Accounts





c) INVESTMENTS



permanent





3 Related parties







5 Segment Reporting









19

I






Public Issue


Cl~ I Nrmmrmcm


Total Uabilities


Paid-up capital


Application ofFunds

Net fixed assets

Deferred Tax Asset








P Prabhakar


20



2009-20102010-2011















5305972









Place Chennai


Date 13oS2 Ofl

21












I We of




of as my proxy to


For item Nos -

Against item Nos -



I

I

bull__ ~~~__ J I





ORDINARY BUSINESS






NOTES






1

DIRECTORS REPORT





OPERATIONS


DIRECTORS


AUDITORS








J

2

GENERAL




3



















basis




4




aryesairtelmaiLin

Il65993TN1978PlC0129131















5


Il65993TN 1978PlC01291~




13 The Company





(v) has no unpaid d


(vii)









6


IL65993TN1978PLC01291~


















and hence the



7 ---~-


IL65993TN1978PLC01291~

ANNEXURE A





2 143

3 150

4 151

5 193

6 193

7 301

B 303

9 307

10

11


For RSRIDHA COM


FCS No 4775


8


Il65993TN1978PlC01291~

ANNEXURE B





SI No

1

2

3

4

S

Form No

66

23AC 23ACAamp

SchVI 20B

amp SchV

32

32

Relevant Section

383A

220

159

303

303


Whether filed

within prescribed

time YesNo

If delay in filing

whether requisite


NA

NA

YES

NA

NA

Remarks (SRN

11 rnot- Paid)

PS2913084 RssOO - (N)



A94796232 RsSOO- (N)




FCS No 4775


9-_--shy

5

10

15

20

25

30



2 1




11

9 D







10



Fax 91-44-24997317














ended on that date~





11



Fax 91-44-2499 7317
















12



Fax 91-44-2499 7317















13



Sources of Funds


As at 3I-Mar- 2010

amp


Share Capital



A 2440000

7742926

2440000

7648411

10182926 10088411





Loans amp Advances

(A)

C

D

3026246

1289174

4315419

191695

4036954

4228649



Net Current Assets

(B)

(A) - (B)

37711

4277708

46456

4183193

Notes on Accounts I

10182926 10088411





14




Income Rs


216561

Expenses


Interest H

122046






Notes on Accounts I

Rs

2922578

2922578

198697

166413

365110

2557467

367200

2190267

5458144

7648411





Date 13 oS2011

15




Authorised




2440000 2440000




Quoted


(11) 191443 191443

Unguoted








(B) 5iI3775 5713775

Total (A + B) 5905218 5905218


16












(2010 - Rs378366-)


Provisions Payable

Other Liabilities

As at 3I-Mar-2011

226245

2800000

3026245

67303

l22187l

1289174

24817

12894

37711

As at 31-Mar- 2010

191695

191695

2800000

1236964

4036954

29781

16676

45456

17







Dividend 106799 181130


216561 2922578






- For Audit 27575 27575



122046 198697

H Interest


Bank charges 2516

166413

18



K Notes on Accounts





c) INVESTMENTS



permanent





3 Related parties







5 Segment Reporting









19

I






Public Issue


Cl~ I Nrmmrmcm


Total Uabilities


Paid-up capital


Application ofFunds

Net fixed assets

Deferred Tax Asset








P Prabhakar


20



2009-20102010-2011















5305972









Place Chennai


Date 13oS2 Ofl

21












I We of




of as my proxy to


For item Nos -

Against item Nos -



I

I

bull__ ~~~__ J I



DIRECTORS REPORT





OPERATIONS


DIRECTORS


AUDITORS








J

2

GENERAL




3



















basis




4




aryesairtelmaiLin

Il65993TN1978PlC0129131















5


Il65993TN 1978PlC01291~




13 The Company





(v) has no unpaid d


(vii)









6


IL65993TN1978PLC01291~


















and hence the



7 ---~-


IL65993TN1978PLC01291~

ANNEXURE A





2 143

3 150

4 151

5 193

6 193

7 301

B 303

9 307

10

11


For RSRIDHA COM


FCS No 4775


8


Il65993TN1978PlC01291~

ANNEXURE B





SI No

1

2

3

4

S

Form No

66

23AC 23ACAamp

SchVI 20B

amp SchV

32

32

Relevant Section

383A

220

159

303

303


Whether filed

within prescribed

time YesNo

If delay in filing

whether requisite


NA

NA

YES

NA

NA

Remarks (SRN

11 rnot- Paid)

PS2913084 RssOO - (N)



A94796232 RsSOO- (N)




FCS No 4775


9-_--shy

5

10

15

20

25

30



2 1




11

9 D







10



Fax 91-44-24997317














ended on that date~





11



Fax 91-44-2499 7317
















12



Fax 91-44-2499 7317















13



Sources of Funds


As at 3I-Mar- 2010

amp


Share Capital



A 2440000

7742926

2440000

7648411

10182926 10088411





Loans amp Advances

(A)

C

D

3026246

1289174

4315419

191695

4036954

4228649



Net Current Assets

(B)

(A) - (B)

37711

4277708

46456

4183193

Notes on Accounts I

10182926 10088411





14




Income Rs


216561

Expenses


Interest H

122046






Notes on Accounts I

Rs

2922578

2922578

198697

166413

365110

2557467

367200

2190267

5458144

7648411





Date 13 oS2011

15




Authorised




2440000 2440000




Quoted


(11) 191443 191443

Unguoted








(B) 5iI3775 5713775

Total (A + B) 5905218 5905218


16












(2010 - Rs378366-)


Provisions Payable

Other Liabilities

As at 3I-Mar-2011

226245

2800000

3026245

67303

l22187l

1289174

24817

12894

37711

As at 31-Mar- 2010

191695

191695

2800000

1236964

4036954

29781

16676

45456

17







Dividend 106799 181130


216561 2922578






- For Audit 27575 27575



122046 198697

H Interest


Bank charges 2516

166413

18



K Notes on Accounts





c) INVESTMENTS



permanent





3 Related parties







5 Segment Reporting









19

I






Public Issue


Cl~ I Nrmmrmcm


Total Uabilities


Paid-up capital


Application ofFunds

Net fixed assets

Deferred Tax Asset








P Prabhakar


20



2009-20102010-2011















5305972









Place Chennai


Date 13oS2 Ofl

21












I We of




of as my proxy to


For item Nos -

Against item Nos -



I

I

bull__ ~~~__ J I



GENERAL




3



















basis




4




aryesairtelmaiLin

Il65993TN1978PlC0129131















5


Il65993TN 1978PlC01291~




13 The Company





(v) has no unpaid d


(vii)









6


IL65993TN1978PLC01291~


















and hence the



7 ---~-


IL65993TN1978PLC01291~

ANNEXURE A





2 143

3 150

4 151

5 193

6 193

7 301

B 303

9 307

10

11


For RSRIDHA COM


FCS No 4775


8


Il65993TN1978PlC01291~

ANNEXURE B





SI No

1

2

3

4

S

Form No

66

23AC 23ACAamp

SchVI 20B

amp SchV

32

32

Relevant Section

383A

220

159

303

303


Whether filed

within prescribed

time YesNo

If delay in filing

whether requisite


NA

NA

YES

NA

NA

Remarks (SRN

11 rnot- Paid)

PS2913084 RssOO - (N)



A94796232 RsSOO- (N)




FCS No 4775


9-_--shy

5

10

15

20

25

30



2 1




11

9 D







10



Fax 91-44-24997317














ended on that date~





11



Fax 91-44-2499 7317
















12



Fax 91-44-2499 7317















13



Sources of Funds


As at 3I-Mar- 2010

amp


Share Capital



A 2440000

7742926

2440000

7648411

10182926 10088411





Loans amp Advances

(A)

C

D

3026246

1289174

4315419

191695

4036954

4228649



Net Current Assets

(B)

(A) - (B)

37711

4277708

46456

4183193

Notes on Accounts I

10182926 10088411





14




Income Rs


216561

Expenses


Interest H

122046






Notes on Accounts I

Rs

2922578

2922578

198697

166413

365110

2557467

367200

2190267

5458144

7648411





Date 13 oS2011

15




Authorised




2440000 2440000




Quoted


(11) 191443 191443

Unguoted








(B) 5iI3775 5713775

Total (A + B) 5905218 5905218


16












(2010 - Rs378366-)


Provisions Payable

Other Liabilities

As at 3I-Mar-2011

226245

2800000

3026245

67303

l22187l

1289174

24817

12894

37711

As at 31-Mar- 2010

191695

191695

2800000

1236964

4036954

29781

16676

45456

17







Dividend 106799 181130


216561 2922578






- For Audit 27575 27575



122046 198697

H Interest


Bank charges 2516

166413

18



K Notes on Accounts





c) INVESTMENTS



permanent





3 Related parties







5 Segment Reporting









19

I






Public Issue


Cl~ I Nrmmrmcm


Total Uabilities


Paid-up capital


Application ofFunds

Net fixed assets

Deferred Tax Asset








P Prabhakar


20



2009-20102010-2011















5305972









Place Chennai


Date 13oS2 Ofl

21












I We of




of as my proxy to


For item Nos -

Against item Nos -



I

I

bull__ ~~~__ J I





















basis




4




aryesairtelmaiLin

Il65993TN1978PlC0129131















5


Il65993TN 1978PlC01291~




13 The Company





(v) has no unpaid d


(vii)









6


IL65993TN1978PLC01291~


















and hence the



7 ---~-


IL65993TN1978PLC01291~

ANNEXURE A





2 143

3 150

4 151

5 193

6 193

7 301

B 303

9 307

10

11


For RSRIDHA COM


FCS No 4775


8


Il65993TN1978PlC01291~

ANNEXURE B





SI No

1

2

3

4

S

Form No

66

23AC 23ACAamp

SchVI 20B

amp SchV

32

32

Relevant Section

383A

220

159

303

303


Whether filed

within prescribed

time YesNo

If delay in filing

whether requisite


NA

NA

YES

NA

NA

Remarks (SRN

11 rnot- Paid)

PS2913084 RssOO - (N)



A94796232 RsSOO- (N)




FCS No 4775


9-_--shy

5

10

15

20

25

30



2 1




11

9 D







10



Fax 91-44-24997317














ended on that date~





11



Fax 91-44-2499 7317
















12



Fax 91-44-2499 7317















13



Sources of Funds


As at 3I-Mar- 2010

amp


Share Capital



A 2440000

7742926

2440000

7648411

10182926 10088411





Loans amp Advances

(A)

C

D

3026246

1289174

4315419

191695

4036954

4228649



Net Current Assets

(B)

(A) - (B)

37711

4277708

46456

4183193

Notes on Accounts I

10182926 10088411





14




Income Rs


216561

Expenses


Interest H

122046






Notes on Accounts I

Rs

2922578

2922578

198697

166413

365110

2557467

367200

2190267

5458144

7648411





Date 13 oS2011

15




Authorised




2440000 2440000




Quoted


(11) 191443 191443

Unguoted








(B) 5iI3775 5713775

Total (A + B) 5905218 5905218


16












(2010 - Rs378366-)


Provisions Payable

Other Liabilities

As at 3I-Mar-2011

226245

2800000

3026245

67303

l22187l

1289174

24817

12894

37711

As at 31-Mar- 2010

191695

191695

2800000

1236964

4036954

29781

16676

45456

17







Dividend 106799 181130


216561 2922578






- For Audit 27575 27575



122046 198697

H Interest


Bank charges 2516

166413

18



K Notes on Accounts





c) INVESTMENTS



permanent





3 Related parties







5 Segment Reporting









19

I






Public Issue


Cl~ I Nrmmrmcm


Total Uabilities


Paid-up capital


Application ofFunds

Net fixed assets

Deferred Tax Asset








P Prabhakar


20



2009-20102010-2011















5305972









Place Chennai


Date 13oS2 Ofl

21












I We of




of as my proxy to


For item Nos -

Against item Nos -



I

I

bull__ ~~~__ J I






aryesairtelmaiLin

Il65993TN1978PlC0129131















5


Il65993TN 1978PlC01291~




13 The Company





(v) has no unpaid d


(vii)









6


IL65993TN1978PLC01291~


















and hence the



7 ---~-


IL65993TN1978PLC01291~

ANNEXURE A





2 143

3 150

4 151

5 193

6 193

7 301

B 303

9 307

10

11


For RSRIDHA COM


FCS No 4775


8


Il65993TN1978PlC01291~

ANNEXURE B





SI No

1

2

3

4

S

Form No

66

23AC 23ACAamp

SchVI 20B

amp SchV

32

32

Relevant Section

383A

220

159

303

303


Whether filed

within prescribed

time YesNo

If delay in filing

whether requisite


NA

NA

YES

NA

NA

Remarks (SRN

11 rnot- Paid)

PS2913084 RssOO - (N)



A94796232 RsSOO- (N)




FCS No 4775


9-_--shy

5

10

15

20

25

30



2 1




11

9 D







10



Fax 91-44-24997317














ended on that date~





11



Fax 91-44-2499 7317
















12



Fax 91-44-2499 7317















13



Sources of Funds


As at 3I-Mar- 2010

amp


Share Capital



A 2440000

7742926

2440000

7648411

10182926 10088411





Loans amp Advances

(A)

C

D

3026246

1289174

4315419

191695

4036954

4228649



Net Current Assets

(B)

(A) - (B)

37711

4277708

46456

4183193

Notes on Accounts I

10182926 10088411





14




Income Rs


216561

Expenses


Interest H

122046






Notes on Accounts I

Rs

2922578

2922578

198697

166413

365110

2557467

367200

2190267

5458144

7648411





Date 13 oS2011

15




Authorised




2440000 2440000




Quoted


(11) 191443 191443

Unguoted








(B) 5iI3775 5713775

Total (A + B) 5905218 5905218


16












(2010 - Rs378366-)


Provisions Payable

Other Liabilities

As at 3I-Mar-2011

226245

2800000

3026245

67303

l22187l

1289174

24817

12894

37711

As at 31-Mar- 2010

191695

191695

2800000

1236964

4036954

29781

16676

45456

17







Dividend 106799 181130


216561 2922578






- For Audit 27575 27575



122046 198697

H Interest


Bank charges 2516

166413

18



K Notes on Accounts





c) INVESTMENTS



permanent





3 Related parties







5 Segment Reporting









19

I






Public Issue


Cl~ I Nrmmrmcm


Total Uabilities


Paid-up capital


Application ofFunds

Net fixed assets

Deferred Tax Asset








P Prabhakar


20



2009-20102010-2011















5305972









Place Chennai


Date 13oS2 Ofl

21












I We of




of as my proxy to


For item Nos -

Against item Nos -



I

I

bull__ ~~~__ J I




Il65993TN 1978PlC01291~




13 The Company





(v) has no unpaid d


(vii)









6


IL65993TN1978PLC01291~


















and hence the



7 ---~-


IL65993TN1978PLC01291~

ANNEXURE A





2 143

3 150

4 151

5 193

6 193

7 301

B 303

9 307

10

11


For RSRIDHA COM


FCS No 4775


8


Il65993TN1978PlC01291~

ANNEXURE B





SI No

1

2

3

4

S

Form No

66

23AC 23ACAamp

SchVI 20B

amp SchV

32

32

Relevant Section

383A

220

159

303

303


Whether filed

within prescribed

time YesNo

If delay in filing

whether requisite


NA

NA

YES

NA

NA

Remarks (SRN

11 rnot- Paid)

PS2913084 RssOO - (N)



A94796232 RsSOO- (N)




FCS No 4775


9-_--shy

5

10

15

20

25

30



2 1




11

9 D







10



Fax 91-44-24997317














ended on that date~





11



Fax 91-44-2499 7317
















12



Fax 91-44-2499 7317















13



Sources of Funds


As at 3I-Mar- 2010

amp


Share Capital



A 2440000

7742926

2440000

7648411

10182926 10088411





Loans amp Advances

(A)

C

D

3026246

1289174

4315419

191695

4036954

4228649



Net Current Assets

(B)

(A) - (B)

37711

4277708

46456

4183193

Notes on Accounts I

10182926 10088411





14




Income Rs


216561

Expenses


Interest H

122046






Notes on Accounts I

Rs

2922578

2922578

198697

166413

365110

2557467

367200

2190267

5458144

7648411





Date 13 oS2011

15




Authorised




2440000 2440000




Quoted


(11) 191443 191443

Unguoted








(B) 5iI3775 5713775

Total (A + B) 5905218 5905218


16












(2010 - Rs378366-)


Provisions Payable

Other Liabilities

As at 3I-Mar-2011

226245

2800000

3026245

67303

l22187l

1289174

24817

12894

37711

As at 31-Mar- 2010

191695

191695

2800000

1236964

4036954

29781

16676

45456

17







Dividend 106799 181130


216561 2922578






- For Audit 27575 27575



122046 198697

H Interest


Bank charges 2516

166413

18



K Notes on Accounts





c) INVESTMENTS



permanent





3 Related parties







5 Segment Reporting









19

I






Public Issue


Cl~ I Nrmmrmcm


Total Uabilities


Paid-up capital


Application ofFunds

Net fixed assets

Deferred Tax Asset








P Prabhakar


20



2009-20102010-2011















5305972









Place Chennai


Date 13oS2 Ofl

21












I We of




of as my proxy to


For item Nos -

Against item Nos -



I

I

bull__ ~~~__ J I




IL65993TN1978PLC01291~


















and hence the



7 ---~-


IL65993TN1978PLC01291~

ANNEXURE A





2 143

3 150

4 151

5 193

6 193

7 301

B 303

9 307

10

11


For RSRIDHA COM


FCS No 4775


8


Il65993TN1978PlC01291~

ANNEXURE B





SI No

1

2

3

4

S

Form No

66

23AC 23ACAamp

SchVI 20B

amp SchV

32

32

Relevant Section

383A

220

159

303

303


Whether filed

within prescribed

time YesNo

If delay in filing

whether requisite


NA

NA

YES

NA

NA

Remarks (SRN

11 rnot- Paid)

PS2913084 RssOO - (N)



A94796232 RsSOO- (N)




FCS No 4775


9-_--shy

5

10

15

20

25

30



2 1




11

9 D







10



Fax 91-44-24997317














ended on that date~





11



Fax 91-44-2499 7317
















12



Fax 91-44-2499 7317















13



Sources of Funds


As at 3I-Mar- 2010

amp


Share Capital



A 2440000

7742926

2440000

7648411

10182926 10088411





Loans amp Advances

(A)

C

D

3026246

1289174

4315419

191695

4036954

4228649



Net Current Assets

(B)

(A) - (B)

37711

4277708

46456

4183193

Notes on Accounts I

10182926 10088411





14




Income Rs


216561

Expenses


Interest H

122046






Notes on Accounts I

Rs

2922578

2922578

198697

166413

365110

2557467

367200

2190267

5458144

7648411





Date 13 oS2011

15




Authorised




2440000 2440000




Quoted


(11) 191443 191443

Unguoted








(B) 5iI3775 5713775

Total (A + B) 5905218 5905218


16












(2010 - Rs378366-)


Provisions Payable

Other Liabilities

As at 3I-Mar-2011

226245

2800000

3026245

67303

l22187l

1289174

24817

12894

37711

As at 31-Mar- 2010

191695

191695

2800000

1236964

4036954

29781

16676

45456

17







Dividend 106799 181130


216561 2922578






- For Audit 27575 27575



122046 198697

H Interest


Bank charges 2516

166413

18



K Notes on Accounts





c) INVESTMENTS



permanent





3 Related parties







5 Segment Reporting









19

I






Public Issue


Cl~ I Nrmmrmcm


Total Uabilities


Paid-up capital


Application ofFunds

Net fixed assets

Deferred Tax Asset








P Prabhakar


20



2009-20102010-2011















5305972









Place Chennai


Date 13oS2 Ofl

21












I We of




of as my proxy to


For item Nos -

Against item Nos -



I

I

bull__ ~~~__ J I




IL65993TN1978PLC01291~

ANNEXURE A





2 143

3 150

4 151

5 193

6 193

7 301

B 303

9 307

10

11


For RSRIDHA COM


FCS No 4775


8


Il65993TN1978PlC01291~

ANNEXURE B





SI No

1

2

3

4

S

Form No

66

23AC 23ACAamp

SchVI 20B

amp SchV

32

32

Relevant Section

383A

220

159

303

303


Whether filed

within prescribed

time YesNo

If delay in filing

whether requisite


NA

NA

YES

NA

NA

Remarks (SRN

11 rnot- Paid)

PS2913084 RssOO - (N)



A94796232 RsSOO- (N)




FCS No 4775


9-_--shy

5

10

15

20

25

30



2 1




11

9 D







10



Fax 91-44-24997317














ended on that date~





11



Fax 91-44-2499 7317
















12



Fax 91-44-2499 7317















13



Sources of Funds


As at 3I-Mar- 2010

amp


Share Capital



A 2440000

7742926

2440000

7648411

10182926 10088411





Loans amp Advances

(A)

C

D

3026246

1289174

4315419

191695

4036954

4228649



Net Current Assets

(B)

(A) - (B)

37711

4277708

46456

4183193

Notes on Accounts I

10182926 10088411





14




Income Rs


216561

Expenses


Interest H

122046






Notes on Accounts I

Rs

2922578

2922578

198697

166413

365110

2557467

367200

2190267

5458144

7648411





Date 13 oS2011

15




Authorised




2440000 2440000




Quoted


(11) 191443 191443

Unguoted








(B) 5iI3775 5713775

Total (A + B) 5905218 5905218


16












(2010 - Rs378366-)


Provisions Payable

Other Liabilities

As at 3I-Mar-2011

226245

2800000

3026245

67303

l22187l

1289174

24817

12894

37711

As at 31-Mar- 2010

191695

191695

2800000

1236964

4036954

29781

16676

45456

17







Dividend 106799 181130


216561 2922578






- For Audit 27575 27575



122046 198697

H Interest


Bank charges 2516

166413

18



K Notes on Accounts





c) INVESTMENTS



permanent





3 Related parties







5 Segment Reporting









19

I






Public Issue


Cl~ I Nrmmrmcm


Total Uabilities


Paid-up capital


Application ofFunds

Net fixed assets

Deferred Tax Asset








P Prabhakar


20



2009-20102010-2011















5305972









Place Chennai


Date 13oS2 Ofl

21












I We of




of as my proxy to


For item Nos -

Against item Nos -



I

I

bull__ ~~~__ J I




Il65993TN1978PlC01291~

ANNEXURE B





SI No

1

2

3

4

S

Form No

66

23AC 23ACAamp

SchVI 20B

amp SchV

32

32

Relevant Section

383A

220

159

303

303


Whether filed

within prescribed

time YesNo

If delay in filing

whether requisite


NA

NA

YES

NA

NA

Remarks (SRN

11 rnot- Paid)

PS2913084 RssOO - (N)



A94796232 RsSOO- (N)




FCS No 4775


9-_--shy

5

10

15

20

25

30



2 1




11

9 D







10



Fax 91-44-24997317














ended on that date~





11



Fax 91-44-2499 7317
















12



Fax 91-44-2499 7317















13



Sources of Funds


As at 3I-Mar- 2010

amp


Share Capital



A 2440000

7742926

2440000

7648411

10182926 10088411





Loans amp Advances

(A)

C

D

3026246

1289174

4315419

191695

4036954

4228649



Net Current Assets

(B)

(A) - (B)

37711

4277708

46456

4183193

Notes on Accounts I

10182926 10088411





14




Income Rs


216561

Expenses


Interest H

122046






Notes on Accounts I

Rs

2922578

2922578

198697

166413

365110

2557467

367200

2190267

5458144

7648411





Date 13 oS2011

15




Authorised




2440000 2440000




Quoted


(11) 191443 191443

Unguoted








(B) 5iI3775 5713775

Total (A + B) 5905218 5905218


16












(2010 - Rs378366-)


Provisions Payable

Other Liabilities

As at 3I-Mar-2011

226245

2800000

3026245

67303

l22187l

1289174

24817

12894

37711

As at 31-Mar- 2010

191695

191695

2800000

1236964

4036954

29781

16676

45456

17







Dividend 106799 181130


216561 2922578






- For Audit 27575 27575



122046 198697

H Interest


Bank charges 2516

166413

18



K Notes on Accounts





c) INVESTMENTS



permanent





3 Related parties







5 Segment Reporting









19

I






Public Issue


Cl~ I Nrmmrmcm


Total Uabilities


Paid-up capital


Application ofFunds

Net fixed assets

Deferred Tax Asset








P Prabhakar


20



2009-20102010-2011















5305972









Place Chennai


Date 13oS2 Ofl

21












I We of




of as my proxy to


For item Nos -

Against item Nos -



I

I

bull__ ~~~__ J I



5

10

15

20

25

30



2 1




11

9 D







10



Fax 91-44-24997317














ended on that date~





11



Fax 91-44-2499 7317
















12



Fax 91-44-2499 7317















13



Sources of Funds


As at 3I-Mar- 2010

amp


Share Capital



A 2440000

7742926

2440000

7648411

10182926 10088411





Loans amp Advances

(A)

C

D

3026246

1289174

4315419

191695

4036954

4228649



Net Current Assets

(B)

(A) - (B)

37711

4277708

46456

4183193

Notes on Accounts I

10182926 10088411





14




Income Rs


216561

Expenses


Interest H

122046






Notes on Accounts I

Rs

2922578

2922578

198697

166413

365110

2557467

367200

2190267

5458144

7648411





Date 13 oS2011

15




Authorised




2440000 2440000




Quoted


(11) 191443 191443

Unguoted








(B) 5iI3775 5713775

Total (A + B) 5905218 5905218


16












(2010 - Rs378366-)


Provisions Payable

Other Liabilities

As at 3I-Mar-2011

226245

2800000

3026245

67303

l22187l

1289174

24817

12894

37711

As at 31-Mar- 2010

191695

191695

2800000

1236964

4036954

29781

16676

45456

17







Dividend 106799 181130


216561 2922578






- For Audit 27575 27575



122046 198697

H Interest


Bank charges 2516

166413

18



K Notes on Accounts





c) INVESTMENTS



permanent





3 Related parties







5 Segment Reporting









19

I






Public Issue


Cl~ I Nrmmrmcm


Total Uabilities


Paid-up capital


Application ofFunds

Net fixed assets

Deferred Tax Asset








P Prabhakar


20



2009-20102010-2011















5305972









Place Chennai


Date 13oS2 Ofl

21












I We of




of as my proxy to


For item Nos -

Against item Nos -



I

I

bull__ ~~~__ J I





Fax 91-44-24997317














ended on that date~





11



Fax 91-44-2499 7317
















12



Fax 91-44-2499 7317















13



Sources of Funds


As at 3I-Mar- 2010

amp


Share Capital



A 2440000

7742926

2440000

7648411

10182926 10088411





Loans amp Advances

(A)

C

D

3026246

1289174

4315419

191695

4036954

4228649



Net Current Assets

(B)

(A) - (B)

37711

4277708

46456

4183193

Notes on Accounts I

10182926 10088411





14




Income Rs


216561

Expenses


Interest H

122046






Notes on Accounts I

Rs

2922578

2922578

198697

166413

365110

2557467

367200

2190267

5458144

7648411





Date 13 oS2011

15




Authorised




2440000 2440000




Quoted


(11) 191443 191443

Unguoted








(B) 5iI3775 5713775

Total (A + B) 5905218 5905218


16












(2010 - Rs378366-)


Provisions Payable

Other Liabilities

As at 3I-Mar-2011

226245

2800000

3026245

67303

l22187l

1289174

24817

12894

37711

As at 31-Mar- 2010

191695

191695

2800000

1236964

4036954

29781

16676

45456

17







Dividend 106799 181130


216561 2922578






- For Audit 27575 27575



122046 198697

H Interest


Bank charges 2516

166413

18



K Notes on Accounts





c) INVESTMENTS



permanent





3 Related parties







5 Segment Reporting









19

I






Public Issue


Cl~ I Nrmmrmcm


Total Uabilities


Paid-up capital


Application ofFunds

Net fixed assets

Deferred Tax Asset








P Prabhakar


20



2009-20102010-2011















5305972









Place Chennai


Date 13oS2 Ofl

21












I We of




of as my proxy to


For item Nos -

Against item Nos -



I

I

bull__ ~~~__ J I





Fax 91-44-2499 7317
















12



Fax 91-44-2499 7317















13



Sources of Funds


As at 3I-Mar- 2010

amp


Share Capital



A 2440000

7742926

2440000

7648411

10182926 10088411





Loans amp Advances

(A)

C

D

3026246

1289174

4315419

191695

4036954

4228649



Net Current Assets

(B)

(A) - (B)

37711

4277708

46456

4183193

Notes on Accounts I

10182926 10088411





14




Income Rs


216561

Expenses


Interest H

122046






Notes on Accounts I

Rs

2922578

2922578

198697

166413

365110

2557467

367200

2190267

5458144

7648411





Date 13 oS2011

15




Authorised




2440000 2440000




Quoted


(11) 191443 191443

Unguoted








(B) 5iI3775 5713775

Total (A + B) 5905218 5905218


16












(2010 - Rs378366-)


Provisions Payable

Other Liabilities

As at 3I-Mar-2011

226245

2800000

3026245

67303

l22187l

1289174

24817

12894

37711

As at 31-Mar- 2010

191695

191695

2800000

1236964

4036954

29781

16676

45456

17







Dividend 106799 181130


216561 2922578






- For Audit 27575 27575



122046 198697

H Interest


Bank charges 2516

166413

18



K Notes on Accounts





c) INVESTMENTS



permanent





3 Related parties







5 Segment Reporting









19

I






Public Issue


Cl~ I Nrmmrmcm


Total Uabilities


Paid-up capital


Application ofFunds

Net fixed assets

Deferred Tax Asset








P Prabhakar


20



2009-20102010-2011















5305972









Place Chennai


Date 13oS2 Ofl

21












I We of




of as my proxy to


For item Nos -

Against item Nos -



I

I

bull__ ~~~__ J I





Fax 91-44-2499 7317















13



Sources of Funds


As at 3I-Mar- 2010

amp


Share Capital



A 2440000

7742926

2440000

7648411

10182926 10088411





Loans amp Advances

(A)

C

D

3026246

1289174

4315419

191695

4036954

4228649



Net Current Assets

(B)

(A) - (B)

37711

4277708

46456

4183193

Notes on Accounts I

10182926 10088411





14




Income Rs


216561

Expenses


Interest H

122046






Notes on Accounts I

Rs

2922578

2922578

198697

166413

365110

2557467

367200

2190267

5458144

7648411





Date 13 oS2011

15




Authorised




2440000 2440000




Quoted


(11) 191443 191443

Unguoted








(B) 5iI3775 5713775

Total (A + B) 5905218 5905218


16












(2010 - Rs378366-)


Provisions Payable

Other Liabilities

As at 3I-Mar-2011

226245

2800000

3026245

67303

l22187l

1289174

24817

12894

37711

As at 31-Mar- 2010

191695

191695

2800000

1236964

4036954

29781

16676

45456

17







Dividend 106799 181130


216561 2922578






- For Audit 27575 27575



122046 198697

H Interest


Bank charges 2516

166413

18



K Notes on Accounts





c) INVESTMENTS



permanent





3 Related parties







5 Segment Reporting









19

I






Public Issue


Cl~ I Nrmmrmcm


Total Uabilities


Paid-up capital


Application ofFunds

Net fixed assets

Deferred Tax Asset








P Prabhakar


20



2009-20102010-2011















5305972









Place Chennai


Date 13oS2 Ofl

21












I We of




of as my proxy to


For item Nos -

Against item Nos -



I

I

bull__ ~~~__ J I





Sources of Funds


As at 3I-Mar- 2010

amp


Share Capital



A 2440000

7742926

2440000

7648411

10182926 10088411





Loans amp Advances

(A)

C

D

3026246

1289174

4315419

191695

4036954

4228649



Net Current Assets

(B)

(A) - (B)

37711

4277708

46456

4183193

Notes on Accounts I

10182926 10088411





14




Income Rs


216561

Expenses


Interest H

122046






Notes on Accounts I

Rs

2922578

2922578

198697

166413

365110

2557467

367200

2190267

5458144

7648411





Date 13 oS2011

15




Authorised




2440000 2440000




Quoted


(11) 191443 191443

Unguoted








(B) 5iI3775 5713775

Total (A + B) 5905218 5905218


16












(2010 - Rs378366-)


Provisions Payable

Other Liabilities

As at 3I-Mar-2011

226245

2800000

3026245

67303

l22187l

1289174

24817

12894

37711

As at 31-Mar- 2010

191695

191695

2800000

1236964

4036954

29781

16676

45456

17







Dividend 106799 181130


216561 2922578






- For Audit 27575 27575



122046 198697

H Interest


Bank charges 2516

166413

18



K Notes on Accounts





c) INVESTMENTS



permanent





3 Related parties







5 Segment Reporting









19

I






Public Issue


Cl~ I Nrmmrmcm


Total Uabilities


Paid-up capital


Application ofFunds

Net fixed assets

Deferred Tax Asset








P Prabhakar


20



2009-20102010-2011















5305972









Place Chennai


Date 13oS2 Ofl

21












I We of




of as my proxy to


For item Nos -

Against item Nos -



I

I

bull__ ~~~__ J I






Income Rs


216561

Expenses


Interest H

122046






Notes on Accounts I

Rs

2922578

2922578

198697

166413

365110

2557467

367200

2190267

5458144

7648411





Date 13 oS2011

15




Authorised




2440000 2440000




Quoted


(11) 191443 191443

Unguoted








(B) 5iI3775 5713775

Total (A + B) 5905218 5905218


16












(2010 - Rs378366-)


Provisions Payable

Other Liabilities

As at 3I-Mar-2011

226245

2800000

3026245

67303

l22187l

1289174

24817

12894

37711

As at 31-Mar- 2010

191695

191695

2800000

1236964

4036954

29781

16676

45456

17







Dividend 106799 181130


216561 2922578






- For Audit 27575 27575



122046 198697

H Interest


Bank charges 2516

166413

18



K Notes on Accounts





c) INVESTMENTS



permanent





3 Related parties







5 Segment Reporting









19

I






Public Issue


Cl~ I Nrmmrmcm


Total Uabilities


Paid-up capital


Application ofFunds

Net fixed assets

Deferred Tax Asset








P Prabhakar


20



2009-20102010-2011















5305972









Place Chennai


Date 13oS2 Ofl

21












I We of




of as my proxy to


For item Nos -

Against item Nos -



I

I

bull__ ~~~__ J I






Authorised




2440000 2440000




Quoted


(11) 191443 191443

Unguoted








(B) 5iI3775 5713775

Total (A + B) 5905218 5905218


16












(2010 - Rs378366-)


Provisions Payable

Other Liabilities

As at 3I-Mar-2011

226245

2800000

3026245

67303

l22187l

1289174

24817

12894

37711

As at 31-Mar- 2010

191695

191695

2800000

1236964

4036954

29781

16676

45456

17







Dividend 106799 181130


216561 2922578






- For Audit 27575 27575



122046 198697

H Interest


Bank charges 2516

166413

18



K Notes on Accounts





c) INVESTMENTS



permanent





3 Related parties







5 Segment Reporting









19

I






Public Issue


Cl~ I Nrmmrmcm


Total Uabilities


Paid-up capital


Application ofFunds

Net fixed assets

Deferred Tax Asset








P Prabhakar


20



2009-20102010-2011















5305972









Place Chennai


Date 13oS2 Ofl

21












I We of




of as my proxy to


For item Nos -

Against item Nos -



I

I

bull__ ~~~__ J I














(2010 - Rs378366-)


Provisions Payable

Other Liabilities

As at 3I-Mar-2011

226245

2800000

3026245

67303

l22187l

1289174

24817

12894

37711

As at 31-Mar- 2010

191695

191695

2800000

1236964

4036954

29781

16676

45456

17







Dividend 106799 181130


216561 2922578






- For Audit 27575 27575



122046 198697

H Interest


Bank charges 2516

166413

18



K Notes on Accounts





c) INVESTMENTS



permanent





3 Related parties







5 Segment Reporting









19

I






Public Issue


Cl~ I Nrmmrmcm


Total Uabilities


Paid-up capital


Application ofFunds

Net fixed assets

Deferred Tax Asset








P Prabhakar


20



2009-20102010-2011















5305972









Place Chennai


Date 13oS2 Ofl

21












I We of




of as my proxy to


For item Nos -

Against item Nos -



I

I

bull__ ~~~__ J I









Dividend 106799 181130


216561 2922578






- For Audit 27575 27575



122046 198697

H Interest


Bank charges 2516

166413

18



K Notes on Accounts





c) INVESTMENTS



permanent





3 Related parties







5 Segment Reporting









19

I






Public Issue


Cl~ I Nrmmrmcm


Total Uabilities


Paid-up capital


Application ofFunds

Net fixed assets

Deferred Tax Asset








P Prabhakar


20



2009-20102010-2011















5305972









Place Chennai


Date 13oS2 Ofl

21












I We of




of as my proxy to


For item Nos -

Against item Nos -



I

I

bull__ ~~~__ J I





K Notes on Accounts





c) INVESTMENTS



permanent





3 Related parties







5 Segment Reporting









19

I






Public Issue


Cl~ I Nrmmrmcm


Total Uabilities


Paid-up capital


Application ofFunds

Net fixed assets

Deferred Tax Asset








P Prabhakar


20



2009-20102010-2011















5305972









Place Chennai


Date 13oS2 Ofl

21












I We of




of as my proxy to


For item Nos -

Against item Nos -



I

I

bull__ ~~~__ J I



I






Public Issue


Cl~ I Nrmmrmcm


Total Uabilities


Paid-up capital


Application ofFunds

Net fixed assets

Deferred Tax Asset








P Prabhakar


20



2009-20102010-2011















5305972









Place Chennai


Date 13oS2 Ofl

21












I We of




of as my proxy to


For item Nos -

Against item Nos -



I

I

bull__ ~~~__ J I





2009-20102010-2011















5305972









Place Chennai


Date 13oS2 Ofl

21












I We of




of as my proxy to


For item Nos -

Against item Nos -



I

I

bull__ ~~~__ J I














I We of




of as my proxy to


For item Nos -

Against item Nos -



I

I

bull__ ~~~__ J I

