MANGLAM VANYA or TO To the Members, Your Directors are pleased to submit their Third Annual Report on the business and operations of the Company along with the Audited Statement of Accounts for the year ended March 31, 2012. Financial Position Your Directors have pleasure in presenting the annual report of the Company together with the audited accounts for the year ended March 31, 2012. Particulars ‘As at March | As at March 34, 2012 34, 2014 Profit Loss before taxation Prior Period item 5eaaeas | 2 093,008 ‘Add: Prior Period income 1,803,173 ° Less: Provision for Taxation (1,580,000) | (785,000) Less / Add: Provision for Deferred Tax. (48,638) | 188,234 Balance After Taxation Bri9s81 | 1487,118 Less: Transferred to Special Reserve wis 45:1C of | (1,143,876) | (291,424) RBI Act, 1934 ‘Add: Profit Brought Forward from Earier Years 4,477,146 11482 Profit carried forward to Balance Sheot 782,651 | __ 147,148 Dividend The Directors regret their inability to declare a dividend for the financial year ended 2011-12. During the year, the Company has made significant progress towards achieving its long term vision of being a premier non-banking finance company in India. The Directors are happy to inform the members that the Company has seen significant ‘progress in uniocking vaiue from all the investments it has made till date.During the year, the Company has redeemed 21,00,000 11 % Non Convertible, Non ‘Cumulative Redeemable Preference shares at par. The Board is happy to inform its members that Company has deployed the capital raised during previous years and hitherto invested in short term marketable investments in proftable fong term investment opportunities. These investments are expected to start contributing significant revenue and profits to your Company during the current and future financial years. During the year, your company moved its Registered Office from Kolkata to Mumbai at 205, Hari Chambers, 58/64 ShahidBhagat Singh Marg, Fort, Mumbai 400-001 to better co-ordinate its business operations. The existing Auditors M/s T. K. Niyogi submitted their resignation on May 15, 2012 post the change in registered office of the company. Post their resignation, M/s Desai Associates were appointed as a at the Extraordinary General Meeting of the company held on May 30°, 12. ‘Employees For the year ended March 31, 2012, there is no employee covered under section 217(2A) of the Companies Act, 1956 to be reported by the Directors. Auditors. The auditors, M/s Desai Associates, Chartered Accou annual general meeting and have confirmed theit reappointed. A certificate u/s 224(1) (b) of the received from them. Information u/s 217(1}e) of the Companies Act, 1956 Your Company has no activity relating to the conservation of energy or technology absorption. During the financial year ended March 31, 2011, the Company did not ‘eam any income or incur any expenditure in foreign currency. Director's Responsibility Statement: In Terms of Section 217(2AA) of the Companies Act, 1956, your Directors confirm that: In the preperation of the annual accounts, the applicable accounting standards have been followed; b. The Directors have selected such accounting policies and applied them consistently and made judgments and estimates that were reasonable and prudent 60 as to give a true and fair view of the state of the affairs of the ‘company at the end of the financial year and of the profit and toss account of the company for the period under review,. The Directors have taken proper and sufficient care for the maintenance of adequate acoounting records, in accordance with the provisions of the ‘Companies Act, 1956 for safeguarding the assets of the Company and for Preventing and detection of fraud and other irregularities; and 4. The Directors have prepared the annual accounts on a going concem basis. Audit Committee Pursuant to the requirement of Section 292A of the Companies Act, 1956, the Board of Directors of your company has constituted the Audit Committee during the year. ‘The Audit Committee constitutes of three Directors, Ms. Priti Jain, Mr. Naresh Jain and Mr. ‘Shyam Maheshwari. Deposit During the year under review, the Company has not accepted any public deposits. Acknowledaments, ‘The Directors wish to place on record their appreciation of the dedication and hard work put in by the employees of the Company at all the levels and the support extended by the Company's shareholders and promoters. The Board is also thankful to the Reserve Bank of India and other regulatory authorities for the cooperation, guidance and support extended by them to the Company inits endeavors. Place: Mumbai For and on behalf of the Board of Directors of Date:) § SEP 2012 MANGLAM VANIJYA PRIVATE LIMITED Ms, PRITI JAIN (Mr. NARESH T. JAIN Director; desai associates chartered accountants AUDITORS REPORT TO THE MEMBERS OF MANGLAM VANUYA PRIVATE LIMITED 1, We hove oudited the attached balance sheet of Manglam Vanijya Private Limited, os ot 31¢ Morch 2012 ond the reloted Profit ond Loss Accounts and cash flow statement for the year ended on that date onnexed thereto. These financi statements are the responsibility of the Company's Management. Our responsibi is to express an opinion on theses financial statements based on our audit. 2. We conducted our audit in accordance with auditing stondards generally eccepted in Indio. Those Standards require that we plan and perform the oudit to obtain reasonable assurance about whether the financiol statements are free of moterial misstatement. An audit includes exomining, on a test basis, evidence supporting the amounts ond disclosures in the finoncial statements. An audit elso includes assessing the accounting principles used and significant estimates made by menagement, as well os evalucting the overall financial statements presentation. We believe that our audit provides ¢ reasonable basis for our opinion. 3. As required by the Companies (Auditor's Report) Order, 2003,0s amended by the Companies (Auditor's Reports) (Amendment) Order 2004 (together the ‘order’) issued by the Central Goverment of India in terms of section 227(4A) of the Companies Act, 1956, and on the basis of such checks os we considered ‘appropriate, and according to the information and explanation given to us, we ‘onnex hereto a statement on the matters specified in porograph 4 and 5 of the said Order to the extent opplicable to the Company. 4, Further to our comments in the Annexure referred to above, we report that: a. We have obtained all the information and explanations, which to the best of our knowledge and belief were necessary for the purpose of our audit. b. In our opinion, proper books of accounts as required by law have been kept by the Company so far as it appears from our examination of those books. & The Balance Sheet, Profit and Loss Account and cash flow stotement dealt with by this report is in agreement with the books of account, . In our opinion, the Bolance Sheet, Profit and Loss Account and cash flow statement. dealt with by this report comply with the accounting standards referred to in sub- ‘section (3C) of section 211 of the Companies Act, 1956; 2 On the boils of written: tepcabenttion received from Directors and taken on record by Board of Digatiors ft that none of the director is disqualified as | Address:103/104-A, Anand Estates, 189A, Sane Guryji Marg. Mumbai - 400011, Maharashtra INDIA | Tet "29001040 / 2051108 / 25080788 Fa: S007SD OTST |desai associates chartered accountants ‘ot 31* March 2012 from being appointed as director in terms of Clouse (g) of sub- section (1) of section 274 of the Companies Act, 1956 as on the said date. In our opinion’ and to the best of our information and according to the explanations given to us, the said cccounts read together with the notes thereon gives the information required by the Companies Act, 1956, in the manner s0 required and gi © true and fair view in conformity with the accounting principles generally occepted in India: (0. in the case of Balance Sheet, of the state of affairs of the company os at 31st March 2012 ond {ithe case of the Profit and Loss occount, of the Profit for the year ended on that date the case of the Cosh Flow Statement , of the Cash Flow for the year ended on that date. Firm Registration Number: 102286W Chattered Accountants 71. A. Mukadam (Partner) Membership No. 16865 Pla ea 7 Dated: 05 SEP 2012desai associates ANNEXURE TO THE AUDITOR'S REPORT Annexure referred to in paragraph 3 of our report of even date on the accounts of Manglam Vanijya Private Limited for the period ended 31st march 2012. 1. Company has no fixed assets, hence the requirement of clause {0} of paragraph 4 cof the Order, are not applicable. 2. The Company did not have ony inventory during the year. Hence, the requirements of sub-clauses (o}, (b) and (¢) of louse {i) of paragraph 4 of the Order, ore not ‘applicable, 3. The company has token and granted loans, from/to Companies, listed in the register maintained under section 301 of the Companies Act 1956, (the Act) In our opinion ond according to information and expicnation given to us, the rote of interest ond other terms and conditions prima facie are not prejudicial to the interest of the Company. The principal.amounts are repayable on demand or on resolution of assets whichever is earlier as there is no repayment schedule.; therefore the question of overdue amounts does not 4. In our opinion and according to the information and explanations given to us, the Company has an adequate internal control system commensurate to the size of the company and the nature of its business, for the purchase of fixed assets and for the services rendered. There is no continuing failure to correct mojor weaknesses in the internal control system. 5. The transaction required to be entered in the re: ‘of Companies Act have been entered into. ter in pursvance to section 301 4 The Company has not accepted any deposits from the public during the year under report. Hence, clause (vi) of paragraph 4 of the Order is not applicable. 7. In our opinion, the compony has an internal audit system commensurate with its size ‘ond noture of its business. 8. According to the information and explanation given to us, the Central Government has not prescribed the maintenance of cost records under provisions of Section 209 (1) (d) of the Companies Act, 1956 in respect of activities carried out by the ‘Company. Hence, clause (vil) of paragraph 4 of the Order, is not applicable. 9 Since the Company has no requisite number of employees the question of depositing undisputed statutory dues such as Provident Fund, ESIC does not arises. As referred other statutory undisputed this such as Income Tax, Service Tox hos been deposited regularly. 10. There are no accumulated losses of the Company ot the end of the financial year. The Company has not incurred cosh losses during the financial year covered by our ‘audit and the Immediately preceding financial year.desai associates 11, The Company has neither token ony loans from a financial institution or bonk nor issued any debentures. Hence, clouse (xi) of the Order is not applicable. 12,Since the Company has not granted any loans or advances in the basis of security by way of pledge of shares, debentures ond other securities, paragraph 4(xii) of the Order is not applicable. 13, The Company is not a chit fund or a nidhi/ mutual benefit fund/ society. Hence, clouse (xiii) of paragraph 4 of the Order is not applicable. 14, There are no'transactions of purchose of shores, securities ond other investments Hence, clause {xivjof paragraph 4 is not applicable. 15. According to the information ond explanations given to us, the Company has not given any guarantee for loans taken by others from banks or financial institutions. Hence, clause (xv) of paragraph 4 of the Order is not applicable. 16. The Company hos not availed of any term loans. Hence, clause (xvi) of paragraph 4 of the Order is not applicable. 17. According te the information ond explanations given to us and on an overall examination of the balance sheet of the Company, we report that no funds raised con short-term basis have been used for the long-term investments. 18. No preferentiol allotment of shares have been made during the year, Hence Clause (xvii) of paragraph 4 of the order is not applicable. 19. The Company has not issued ny fresh debentures during the year under report. 20. The Company has not raised any money by public issues during the year under report. 21. According to the information and explanations given to us, no fraud on or by the ‘Company has been noticed or reported during the year under report. For DESAI ASSOCIATES Chartered Accountants irm Reg No. 102286W JA.Mukadam Partner Membership 20.16865 Place :MumbaiPraip Shah ®.P. Shah & Co. Beam nes B.Com, LLB, FCS Company Secretaries FORM [SEE RULE 3} CIN: Uss999WB2008PTC136062 Autho. Cap. : Rs. 10 Crore COMPLIANCE CERTIFICATE To The Members, MANGLAM VANLJYA PRIVATE LIMITED, We have examined the registers, records, books and papers of Mangiam Vanilya Private Limited, (the Company) as required to be maintained under the Companies Act, 1956, (the Act) and the rules made thereunder and also the provisions contained in the Memorandum and Articles of Association of the ‘Company for the financial period ended on 31 March, 2012. In our opinion and to the best of our information and according to the examinations carried out by us and exanations furnished to us by the ‘company, its oficers and agents, we certify that in respect ofthe aforesaid financial period: 1. The company has kept and maintained all registers as stated in Annexure ‘A’ to this certificate, as per the provisions and the rules made thereunder and all entries therein have been duly recorded, 2. The company has duty fled the forms and retums as stated on Annexure ‘B' to this certificate, with the Registrar of Companies or other authorities within the time prescribed under the Act and the rules made theraunder. 3. The company is a private limited company and has the minimum prescribed paid-up capital and its maximum number of members during the said financial period was 9 (Nine) - Equity Shareholders excluding its present and past employees and the company during the year under scrutiny: (has not invited public to subscribe for its shares or debentures; and (i) has not invited or accepted any deposits from persons other than its members, directors or ‘their relatives. 4, The Board of Directors duly met 5 times on 27" April 2011,06" June 2011, 2% July 2011, 20” ‘September 2011, 6" Feb 2012 in respect of which meetings, proper notices were given and the proceedings were properly recorded and signed. 5. The company was not required to close its Register of Members during the financial period. 6. The Annual General Meeting for the financial year ended on 31% March, 2011 was held on 23° June, 2011 after giving due notice to the members of the company and the resolutions passed thereat were duly recorded in Minutes Book maintained for the purpose. 7. Extra Ordinary Meeting(s) was held on 1" July 2011 for approval to shift the registered office of the ‘Company from West Bengal to Maharashtra after giving due notice to the members of the company and the resolutions passed thereat were duly recorded in Minutes Book maintained for the Purpose. 8 The company has not advanced any loans to its directors and / or persons of fimms or companies referred in the section 295 of the Act. 8. The company has not entered into any contracts faling within the purview of section 297 of the Act. 10. The company has made necessary entries in the Register maintained under section 301 of t Office: 218, Veena Chambers, 21, Dall Street, Fort. Mumbai: 400 023 Tek: (022) 22675812, 22676339 Fax: (022) 22675812 Email: shahpradipes@gnail com, espunit gmail.comPradip Shah Punit Shah B.Com, LLB, FCS ®.P. Shah & Co. BCom, ACS Company Secretaries 11. As there were no instances falling within the purview <'r2ction 314 of the Act, the Company has ‘not obtained any approvals from the Board of Director:, “ “embers or Central Goverment, as the case may be. 12. The company has not issued any duplicate share certificates during the financial period. 13. The Company has: was no allotmenttranstertransmission of securities during the nancial year. (i) not deposited any amount in a separate bank account as no dividend was declared during the financial period. (i) not posted warrants to any member of the company, as no dividend was declared during the financial period. a (¥) no unpaid dividend, application money dud ‘Sr refund, matured deposits, matured debentures and the interest accrued thereon which have remained unclaimed or unpaid and as are required to be transferred to Investor Education and Protection Fund. (¥) duly complied with the requirements of section 217 of the Act. 14. The Board of Directors of the company is duly constituted. There was no appointment of additional directors, alternate directors and directors to fil casual vacancy during the financial year. 18. The company being @ private limited company provisions, of the Act, regard to appointment of managing directors, whole time directors, manager are not applicable. 16. The company has not appointed any sole-seliing agents during the financial period. 17. The company was not required to obtain any approval of the Central Government, Regional Director, Registrar or such other applicable authorities as may be prescribed in the Act during the period under review. However during the year the company has filed petition with the Company Law Board, Eastern Region Bench for confirmation of shifing of registered office from the state of ‘West Bengal to the state of Maharashtra and obtain the Company Law order dated 06" February 2012 and complied with the provision of the act. 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 thereunder. 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 period. 21. There was no redemption of debentures during the financial period. However during the year the ‘company has redeemed 21,000,00/- non convertible, non cumulative redeemable preference ‘shares of Rs 10 each on 20" September, 2011 and complied with the provision of act. 22. There were no transaction necessitating the company to keep in abeyance the rights to dividend, ‘ights shares and bonus shares pending registration of transfer of shares. “The company has not accepted deposits within the meaning of section SBA of the Compenies Act, 1956 during the financial period. 24. The company, being a private company, the borrowing made during the year do not attract provisions of Section 283(1)(d) of the Act. 25. The company hes msde loans, investments and given guarantees to ‘corporate and ‘consequently entries have been made in the register kept forthe pu ‘Office: 218, Veena Chambers, 21, Dalal Street, Fort, Mumbai: 400 023 Tek: (022) 22675812, 22676339 Fax: (022) 22675812 Email: shahpradipcs@gmail.com, cspunit@gmail.comPradip Shah Punit Shah ee ®.P. Shah & Co. Boon acs Company Secretaries 26. ‘The company has altered the provisions of the memorandum with respect to situation of the company’s registered office from one state to another during the year under scrutiny and complied with the provision of Companies Act 1956. 27. The company has not altered the provisions of the memorandum with respect to the objects of the ‘company during the period under scrutiny. 28. The company has not altered the provisions of the memorandum with respect to name of the ‘company during the period under scrutiny 29. The company has not altered the provisions of the memorandum with respect to share capital of the company during the year under scrutiny, 30. The company has not altered its articles of association during the financial year. 31. There was no prosecution initiated against or show cause notices received by the company during the financial period for offences under the Act. 32. The company has not received any money as security from its employees during the financial Period under certification as per provisions of section 417(1) of the Act. 33. The company was not required to deposit both employee's and employer's contribution to Provident Fund with prescribed authorities pursuant to section 418 of the Act. For P. P. SHAH & CO. Panit P- Bode (PUNIT SHAH) Place: Mumbai Practising Company Secretary Date: 05" September, 2012 Partner MNo. 20536 CP No. 7506 Registere as maintained by the Company Register of Members u/s. 150. Register of Directors, Managing Director, Manager and Secretaries u/s. 303. Register of Director's Shareholding wl. 307. Minutes of the Annual General Meeting/Extra Ordinary General Meeting and Board Meeting under ‘section 193 with Attendance Register. Register of Contracts with the Companies and firms in which directors are directly or indirectly interested u/s. 301. Annexure B Forms and Retums ss filed by the Company with the Registrar of Companies, Regional Director, Central Government or other authorities during the financial period ending on 31™ March, 2011. 1. Form 23AC for Balance Sheet and Form 23ACA for Proft and Loss Account forthe year ended 31% March, 2011 was filed with the Registrar of Companies, West Bengal u/sec 220 of the Companies ‘Act, 1956 on 24™ June, 2011. 2. Form. 208 for Annual Retum as on 23 June, 2011 for the year ended 31% March, 2011 was fled ‘was filed with the Registrar of Companies, West Bengal u/sec 189 of the Companies Act, 1956 on 24° June, 2011, Office: 218, Veena Chambers, 21, Dalal Street, Fort, Mumbai: 400 023 Tel: (022) 22675812, 22676339 Fax: (022) 22675812 Email: shahpradipes@gmai.com, cspunit@gmailcomPradip Shah BCom LLB FCS ®.P. Shah & Co. Pant Shah Company Secretaries Form 66 for Compliance Certificate for the financial year ended 31 March, 2011 was fled with the Registrar of Companies, West Bengal on 24” June, 2011. Form 5 in respect of, Redemption of 21,000,00/- non convertible, non cumulative redeemable preference shares of Rs 10 each on 20" September, 2011 was filed with the Registrar of ‘Companies, West Bengal on 08" November, 2011. Form 23 in respect of special resolution for shifting of registered office was fled with the Registrar ‘of Companies, West Bengal on 11” Juty, 2011. Form 61 in respect of filing of Company Law Board petition was fled with the Registrar of ‘Companies, West Bengal on 30” July, 2011 . Form 21 in respect of fling of Company Law Board petition was filed with the Registrar of ‘Companies, West Bengal on 02" March, 2012. Form 18 in respect of shifting of registered office from West Bengal to Maharashtra was filed with the Registrar of Companies, Maharashtra on 07" March, 2012. ‘M.No, 20536 CP No. 7508 Office: 218, Veena Chambers, 21, Dalal Street, Fort, Mumbai: 400 023 Tel: (022) 22675812, 22676339 Fax: (022) 22675812 Email: shahpradipcs@gmail.com, cspunit@gmail.comMANGLAM VANUYA PRIVATE LIMITED. BALANCE SHEET AS AT MARCH 31, 2012 beg EQUITY AND LIABILITIES ‘Shareholders Fund Share Copital 77,50,000 2,87,50,000 Reserve and Surplus 740,37,951 7,03,18,570 7,51 x Long -term borrowings 69,76,53,384 614378036 Current liabilities Trode payables Other current bites 29262544 716977 60,09,526 27,03,872 555191764 1,58,234 SE 53A9,998 3500474 617,928 21,27,018 24,94,264 NOTES TO ACCOUNTS 7 IN TERMS OF OUR REPORT OF EVEN DATE ATTACHED FOR DESAI ASSOCIATES For and on behalf of the board of : (CHARTERED ACCOUNTANTS MANGLAM VANUYA PRIVATE LIMITED i. FRN-102286W PRITI JAIN DIRECTOR M. No. 016865 Place: Mumbai Dated: 05.09.2012‘CASH FLOW STATEMENT FOR YEAR ENDED MARCH 31, 012 Sierst2 ‘CASH FLOW FLOM OPERATING ACTIVITES [Net Proft / (Loa) Before Tox ad extraordinary tes ssa4ane 2opseee Aavoments for ‘ridend eae ‘teres beare Ieerost & Ponce Expenses , Prof on Redemption of security (1,96,33,208) Preilnary expemes writen off : 143s (1059, ‘Operating Pett betere Working Capital Changes ar (4.97389) ‘Ament for (cream) / decease in operating cate ‘Shorr term loan end exvances 11009498 (13¢0,35,209) (Ofer corre ets '2007,308 (451,770) ‘Adyrment for mereoe / (decrease) m opertig obiter “rode payebles 2,8545,567 716977 Oher crv habaiier ‘3305,654 2699872 1s.2068.225, 13391 Cath Ganeroted from Operations v 476.18013) ‘ncome Tox Pod {Net of Rens) 115,800) 17,95,000) (150,000) (7.95,000) Cath Flow before Exe Ordinary tam 15,66,33071, (148413013), Prir Period come / (Expenses) : 1803,173 : [NET CASH FLOW FROM OPERATING ACTIVITIES wane c4aaasors) ‘CASH FLOW FROM INVESTING ACTIVINES (Parchow/ol of invesmeet (2172,02,504) (855191764) ‘Prof en Redemption of Scary . 1 Dividend came : : teres Received : i NET CASH FLOW FROM INVESTING ACTIVIES aizigsoy (s4458,556 (CASH FLOW FROM FINANOING ACTIVITES tere & Face Exp 7 Redemption of Preface shares (2.10,00,000), 7 Proceeds ram boron 275,348 616878096 Poceed from Shere les & application money : 7.720000 [NET CASH FLOW FROM FINANCING ACTIVITES 60n73;448 wasrapse NET INCREASE/DECREASE) IN CASH & CASH EQUIVALENTS caste) 1509089 406,467 Opening Cat & Cath Eauvaent 798 Mast Coang Cath & Cos Equvclen! azzoie 1798 [Note she above con flow statement hax been prepared under the naire method setout accounting stordond 3 led by ene of Chartered Accountants of India See Accompanying Noles to Accounts ‘spe feport Amexed For Derai & Assedieters For ang on behalf ofthe Boord (on ‘penton oer: 1022867 ae Gonerd ccm 7 Doved. 05.09.2012ete conned ond forming pat af ence het Mach 31,202 ee [aa 1 sean carat Jaurmomseo |so.0.00 220200) ey Stover 1/208 000.00 2200000 200200. ny Pratrne reo 10/- woh 9900000 ror Teed a [773.000 1. 210.000) any of R10. ech hy okt ow 7750000 7780900 100.0007 na 11% Freferone Sera of 10/: sod 21200000 non Comertl, Nov Comte Redeonaba Prefers Shere) ora Tae EI |scouctaton oh sar etondng tthe pang ant th endo fepecne owed leaty sere We] Ancor Pe I [ate beating oe pec r75p00} 7750000| 775000] 7730000] Jeet ing me perce ave ig eprint ESOP [owsenaig wee fh pd FI TB Ween | Re Teen ltemace shore Jat gern fh ed 22100800 21900000 2100900] 21 a00000 fed ung reer : Jsduen tng yor “Zreap00 | — rae e Jovttending one ed oe pao = | 2300000 | 2 Termes ached eeu shar Taina oming Anu! 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Sut eit a Trt ef Vote enemy] ete AECIGW HOTESL TO MUSTCSS 4 ass] 2ieepea| 4950) 23se24s! ‘acc ROMS Un TST CLAS 4 ‘Se00] zeaasara] S00] apna. ‘nei HOMES Ca TUT CUES A 90} meascses| goer] an2unen ‘AY HOMES TV RUT CASS aoa] aoaraant} 904] aszastad agons Gr Trt Srmt! ezato| easton : agen 15 oa ers 182) ‘s300}ea.so0a00| : Dagon 16 rat rn 21so] 21s0p00| | ‘Pago Gry Ea Ta eet ‘7| siarza00 a7] suanaans ago Crem ite Tot 49aao] 4940000) _ ‘GASUS GROUP FOURTEEN TRUST E8857 twas] tesasooo] —raeas | taaaso00 GASUS GROUP FOURTEEN TRUST SES esas) tesasooo} —weas|—16aas.o00 ogous ot rd Sr v0] ansco| o | aaassco| ego G9 Tot Ear 182) snazo| ssaz0c00] : ECASUS CAPUP TALE THAT -29470,900| ssi 78 EsaRare Darel Ta Aes a) lotonea ax Ant Jos of Petty Earns so | sana] leo Delaed Tox Avett Tae a fosters rox ebany : : let Det Tox Aste Teas a, gunner eves [ren el Sea Fear Soar CASH aac RALANCS (oak end enh erlets cath on end sa as Saenee ah ask ‘On Cur Acco (Scent aanae| orrans aa a jem asses connor her Cumet Aas ret cared rom ava] ootpr6 Tara Tara hy -toaesa ADVANCES curser Adres ope ret s7acop00| ne Boer Coro : 10000 00 Adee recent or te fr ae ected saszaae7| 7raa drone Tos Plt of ren fe non BTS) Sarasa 73003) sta Tawa Lores o ACCOUNTS [MANGLAM VANUTA PRIVATE UMItED 17 Coxpreeintrmaion ‘Monglom Venlya Private United wos cseproted on June 22,2009.The Company bs a Non Borking Feondel ComponyINen acepting pubic depotin}.he Company hes received a Cera of Regitration from Rererve Bork of dla (| on Apr 26,2010 to commance/comy onthe Dinas of Non enking ean! Company wit oceptingpuble depost The Compony lt engaged ino lending of carport tem loons end shor term Joon ond cho Kenting Ivesmertopperuite fondly dened companies hich oterwite howe on herent able buns proposton. 18 Siguicant Acoomng Petey Beit eccortng pat The Fondo! voterars hove been prepored to comply nell moto respect wih noted Aezovetng ‘Sandords by Companies Accnating Stendords Re2004 ond the relevant preven of Companies ‘1986 et. Te foanclHotement have bees prepared wnder hier! cs convention on on cera beshencept for deidend fom Manel Rand eniehih fa accordance withthe Non nking Fda Compares Predetio| Norm! 998 [NAF Reguoton} andthe relevant provin of Retr Bark on India (R01 01 opptable re Non Boaking Fane Comones (BFC The Accounting poe hove bees combety poled by te Company. Dering he yeor ended 31 March 2012,he revised Schedule Inti under he Compenies Act 1956,bos become applcble tthe company,orpreparton and presentation oft Pancha The company hot ato reclaiad the pravoes yeor igre ecordonce wih the requirements appcable In he caret yer 1 Us tetas ‘The preparation of fancal otemert in cnforiy wit genaralyecceped cesontng pres raques the moragenert te mole eitiate: ond omumpton that affect the reported mouths of revaemvaxpaneanatits and lies on he dcoare of centage Inblneyat he and ofthe reporting perc Athough thre etinate: are hosed on the manayemerts best knowledge of cent events ond cctemnceralny about tase catenin ond etna could ret the comes requiring @ motel ckataat tote conrng amour of aver of lobar Gtur pared. «Rowena Cost orroving Cot chides interest, omertaatin of ondary coms inawred i comection wih th arrangement of borrowings ond exchonge citfeence arg From foreign cureny borronigt Yo the extent hay ore regarded 0 09 odhunent oh ineres cot Aoroving cox directly aibaable Yo the aemdaion, contruction pretion of eset that wecenarty {ket @ wbeomtil pred of Sine 1 ost ready for okie se or sole are coptalbed os pat ofthe east of te respecte ost. 1 Comer Rgha a Lon Asa The company scares corrochol sighs the lo eset from Barks ood Fancher the proves of th SABFAES! Ac. Centroctve igh In Lan ones pending reseaon/reczaton ore cared of co, compen direct action co, related eral expenses, ond efitable cot for espace ten ener + Expense on Coumadin nen asst Expense Inca for rsahlon of ebore loan aust ore edad fo te cot th relevent Loon Ast necoet1 impalement of Lean Assets The cory encwnt of ha compan etracvol right lean eta it reviewed ot och balance thet dove ond if any hector of mpaemet exits boned on ert [exter Fodor Impotmen ot ‘ecagized whenever ha cong omous' of on one xcaadt I rcoverabe ano Te ecoersble ‘amo fhe rect of heme slg price ofthe deriving megaped ante ond oxen vole. ‘ever of implement lone rcoated a prior year cacrded when tect on elton tthe Inport loves rca Fo the ont 0 longa ax oF hve dacecied. However, he eae fo carrying omeer of on ont dun fo reves of on inci ow it acogsied 1 the ean do rat ‘exceed the coring omc that woud have been damned hod ro impliment lit been recanted forthe esta por yor, 1 besten lnvetmensehi ore reodly recta ond inandad 1 be hd for nt more ton on yor fom fh ote on which sch iver are modes dane ot aFrem IesmantAl het irene ossied os og erm investment (On tol ecogninl vase ore mecsred a cose ce comprises purchases and Sracty ctvtntable ocaiton dorgee uch or beakeroge eet ond cai on ivetiment oxo party cad the ve of ol! & aber seutisthe aopiton nthe far von ofthe setts lemect on invent cca i axchonge for other axe gcaition Is tenined by reference 1 the for vob of the out given up or by ‘olerence tthe fie vahe of the Invnment ceyeadcichaver hae ‘Cran ivoire cared andl sotemaet ot lower of cst nd fl wae deemed 09 ‘nil esmer bose Long-ermivetmersore crid cx. (On pont of a nvetmentive deren between In carrying amount end net dice! proceed orged ocetad the serene of po ond ot Rovense mcoanin Income am errs fteveve is acoiled 10 the exe tat probable ot ecmam banal wil Row 1 the company ‘ond ha revanus co ba rtcbly meonred fo th occting period. come of own Inn Onn, ramen Ie recoyned opr tetra and condor of aoc of the cata for sol of sch on et. Income fom Sacthy Receipt (Tr Section reception by way prot / (om record o the te of redanetion of Set Resin. One he face value ofa Seay Rees hly record ‘ond hares exces bons acute ot prof ort ve dowed wh hr ron han ‘hn romcnng foe voi cred or lot o admin of Sect Recap Intro aan name i recognted ono tine propoton bit oking te cect he ante etaning ond the cpptecb mare rte Dividends Dhidend income Ws recog whan the company’ Hh fo rectve dividend ie eblibed by the reporting dove Ton expen compres caret ond deferred ox.Catten ncome-ton weaned ct ha not exacted 2 be pal oh fax others wth the coe-ox Ac1961 areca nda and owe prevlig i the reseacive ox brccton href company eperoes. The 0% foe and he tx own wed 0 compute 1 onout ora ow tt re nace or bara anced th raparing dot.Deter icone tone rele the Inport of tng tferances between foxale ince and oxen Income ging dung the carer yeor ond reveal of ning ditferences for the saror eomDefrred oxi meaned nn ha cate ond he tx Sows enocted oF motel eect oF the ‘reporting dete Deferad lame tox tlre o Mem ecg ecty ay aco nant ad ot the tormact of rot ond ie, Defered tox bites ore recguied for ali tcble tg dMferecaeDeterred tax anit ore recogled for decile nig diflerrcen cry othe exit tat tare reconabe cay tht ‘nicrt fre taxable come wil be ovlle ogolat which ach deferred fox onan con be ‘okuadin shetion hae the company hat wrabreed depredeton ot corey forward tax louse eter rx oats re recgrsed ely tere sven ceraty mppeme by cone wide that ‘hey con be ret eget hae oxole prt, [toring pe share ‘ose eaming er thre ore clad by dviding he net prof oft Fo the paved crtbnable 12 sexy saraboldrs (ctr duducing preference vides end enrbbie tontilby he weighted ‘rare rumber of ey shores utonng dung te pared Party pod eu shore re rected trocon of on ety share 1 he exter tat tay ve ext 1 porpae dda ctv 1 0 fay pol ecuty shore dg the rapriag paid. The weighted average mumber of amity her ‘ttonng dung the pared it ached or the aves sch ox Bonus nv, Bon lamar i ight ee, ‘ore 16M ond rear bre st (cchdain of teres) that hove changed the mambo ey ‘tare attondg , tho ereipending hangs a natns or he prpote of ecleting hed earings per heehee prof om fr the pred table 1 aquty shraboldert ond te weghed everoge amber of ores cumtondiog ding the pernd ore edd fr ha tte ot ve poet aay shores ering Par Stee (Peicaor favesnera __[aveapaei [ne Pte ft) Aer Tor 71930088 | —_14s7,11800 lamar of uty Sherer 75900 75000 lose ong Per Shore 738 a81 Contingent aby ‘A crtngentHabity ia pombe ablvetin tht rut frm po! eves whote exten wl be confined by the eccurence or nonceeurence of one or more uncran fre events beyond the conte ofthe empany o¢ © prevent obigation thet not recogited becawe 1 le not probable tht on etiow of rrourcet wif bw requ Yo see the obigllon contingent Gabithy abo ores i extremely rare coses hare thers © Bobi hat camot be recopaied becowte comet be meovared retobiy The company dot no recogise © centinget abit but dicowes Bs exbtence he financial Hotements, ‘Cash ond Cath euivalnts ‘Cath and Cosh eaulolrts fr the purposes of cash ow sateen compris coth ot enka In hare nd short tem lest wih on orga mary of tree moto le 1 Maceoreant of EATDA, -s permite by the Guldonce Note on th Revue Scud Vit the Compasses Aa, 19 58h company hot ‘lected fo present eomiogs before hteestiox Jepredtin and amotzatioe(ENTDA) oF separate Se ‘tem on the foce of the stotemert of proft ond lisThe Company meanirer EBITDA. on the bei of ‘rofl from contig opertions nts meowvrementshe company does sot cade depreciation ond ‘omontztionexpentay,Faeee cos nd tox experts 19 Expandiur in Eorsign Cu [Pericver Pears eae i a [eshte fe Ey frorat T8797 120 Related Paty Diclosut expo Accounting Slendard 18 ©} Related partion with whom rantadions have heen vaderakan Nome Relctionship ‘856 Copal Mengenen Henge) Ud. Aocates ‘Sepenolt Advhory Serves Pevate Lined Eeteg whch Key manogeneet peromal, KAP) / relative of MP have saint iofhnence ‘Shyam Maheswor . Key Manogement Peroee! eth Gost ulate of Key Monagemant Parone 1) Datel of related panty rantctions dung he yor wnded March 3, 2012 and baknees evstonding ot ‘et Monch 31,2012, ‘Amount oR fraction Thnodiie [Ener oh RMP [ieieive OF KAP /rtotves of ene JeAP hove sete whence ‘Taniadiandhdoa iba ar ‘rong Experes 1ass7a7 0 LaTLAss 551,746 6107938 0 0 0 viere033 (32/500,000) Hirt iil it it21 As cour i tha Yorn of PARA 13 of Now barking Fea Componias Prado Non (8) dleton 1998, ined by RB, We endo i the anesate te requived sheaf the bolonce seat of NBFC. 122 Adina! infomation parwnt to the provi of porogragh 3. Ad of part Hof xchedle VI of the componins Ad 1956 bs not appeable a company 123 Previous yeorfguies Tite yoor arid 31 March 2011 compony wos wing preerad Schedule Vito the Compras het 195. preparation and presen of fone Hotenann Dung th yeoreoded 27 March 2012jhe rise Schedvle VI sated under the Compenles Aa 1956)ot became eppleabie 9 the company cenpony tas redone previ yeor figures conto ois yeas densiction. ee eee ve) WA MUKADAN) Penmae Mena 016865 ocr Maral ew" N5 SEP 2012