Jinprabhu Infrastructure Developments Ltd.-இன் இயக்குநர் அறிக்கை

We have pleasure in presenting our 25th Annual Report together with the Audited Statement of Accounts for the year ended 31st March 2009 along with the Auditors Report thereon.

FINANCIAL RESULTS:

PARTICULARS (Amount in Rs.)

2008-09 2009-10

Profit before taxation 180,053 264,995

Less: Provision for taxation 58,299 95,044

Profit after taxation 121,754 169,951

Add: Balance brought forward 39,297,946 39,127,995

Balance carried to Balance Sheet 39,419,700 39,297,946

DIVIDEND:

In view of small profit, your Directors have not recommended any dividend for the financial year 31.03.2009

OPERATIONS:

During the year under review, the Company has significant progress in respect of Advisory Services, Consultancy and

Other existing line of business. The Company is also making efforts to increase the profitability in their business.

DEPOSITS:

Your Company has not accepted any deposits within the meaning of Sec 58A of Act and rules made their under during the year.

DIRECTORS:

Mr. F.C. Bhansali .Director of the Company, who retires by rotation and being eligible offers himself for reappointment.

Presently, the Board does not have Executive Director due to extra ordinary incident occurred and grinding halt in the business operation of the Company for the last some years. The Company is gradually restructuring its business operation. The Company will be appointing shortly Executive Director under the provisions of the Companies Act, 1956.

AUDITORS:

M/s. Mohindra Arora & Co., Chartered Accountants, Mumbai. hold office Up to the conclusion of the ensuing Annual

General Meeting and being eligible have offered themselves for re-appointment.

AUDITORS COMMENTS, OBSERVATIONS AND QUALIFICATIONS:

The Auditors Comments, Observations and Qualifications of the Accounts are self-explanatory.

CORPORATE GOVERNANCE:

A detailed Compliance Notes on Corporate Governance as required under the Provisions in the Listing Agrtement on the Stock Exchanges together with the Certificate of Statutory Auditors thereon is attached to this Report.

MANAGEMENT DISCUSSION AND ANALYSIS:

Directors Report gives sufficient details about the present status of the Company.

PARTICULARS OF THE EMPLOYEES:

The provisions of Section 217(2A) of the Companies Act, 1956 read with Companies (Particulars of Employees) Rule 1975 are not applicable to the company.

DIRECTORS RESPONSIBILITY STATEMENT:

(As per Section 217(2AA) of the Companies Act 1956)

The Directors confirm that:

a) In the preparation 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 are prudent so as to give a true and fair view of the state of affairs of the company at the end of the financial year and of the profit of the company for that period;

c) The directors have taken proper and sufficient care for the maintenance of adequate accounting records in accordance with the provisions of the Companies Act ,1956 for safeguarding the assets of the company and for preventing and detecting fraud and other irregularities;

d) The directors have prepared the Annual Accounts on a going concern basis.

Statement Regarding Conservation of Energy, Technology Absorption and Foreign Exchange Earnings and outgo as required under clause(E) of sub-section (1) of Section 217 of the Companies act,1956

Your company being in the Consultancy services, no report is necessary of Conservation of Energy and Technology Absorption. Your company had no foreign exchange earnings and no out go during the period under review

ACKNOWLEDGEMENT:

Your Directors wish to place on record their appreciation for the Co-operation and support extended by all the agencies to your Company at all levels.

By Order of he Board For CRB Share Custodian Services Limited

Place :Kolkata

Date :21st August, 2009 Director