n. - summit securities

N M RAIJI amp co Chartered Accountants Universal Insurance Building Pherozeshah Mehta Road Mumbai-40000l INDIA Telephone 2287 0068

22873463 22837482

Telefax 91 (22) 2282 8646 91 (22) 2265 0578

E-mail nmrhonmraijicom

AUDITORS REPORT

TO THE MEMBERS OF INSTANT HOLDINGS LIMITED

1 We have audited the attached Balance Sheet of INSTANT HOLDINGS LIMITED as at 31 st March 2010 the Profit and Loss Account and also the Cash Flow Statement for the year ended on that date annexed thereto These financial statements are the responsibility of the Companys management Our responsibility is to express an opinion on these financial statements based on our audit

2 We conducted our audit in accordance with the 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 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 as we considered appropriate and according to the information and explanations given to us during the course of the audit we enclose in the Annexure a statement on the matters specified in paragraphs 4 and 5 of the said Order to the extent applicable

4 Further to our comments in the Annexure referred to above and our comments in paragraph 3 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 account as required by law have been kept by the Company so far as appears from our examination of those books

~i) ~ Balance Sheet PrOfrt and Loss Account and Cash Flow Slatement deaR VV th by this report are in agFeement ~ith the books of account __~ _ ~

1

N M RAIJI amp co

(iv) In our opinion the Balance Sheet Profit and Loss Account and Cash Flow Statement dealt with by this report comply with the accounting standards prescribed by the Companies (Accounting Standards) Rules 2006 referred to in sub-section (3C) of section 211 of the Companies Act 1956

(v) On the basis of written representations received from the directors as on 31 st

March 2010 and taken on record by the Board of Directors we report that none 31 stof the directors of the Company is disqualified as on March 2010 from

being appointed as a director in terms of clause (g) of sub-section (1) of section 274 of the Companies Act 1956

(vi) In our opinion and to the best of our information and according to the explanations given to us the said accounts read together with the notes thereon give the information required by the Companies Act 1956 in the manner so required and give 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 st March 2010

(b) In the case of the Profit and Loss Account of the Loss for the year ended on that date and

(c) In the case of the Cash Flow Statement of the cash flow for the year ended on that date

For N M RAIJI amp CO

Chartered Accountant Registration No108296 W

CA YN THAKKAR Place Mumbai Partner

Membership No 33329Date ~_ 6 AUG 2010

I2

N M RAIJI amp co

ANNEXURE TO THE AUDITORS REPORT

(Referred to in paragraph 3 of our report of even date)

Clause number 4(ii) 4(iv) 4(viii) 4(xi) 4(xii) 4(xiii) 4(xv) 4(xvi) 4(xvii) 4(xviii) 4(xix) and 4(xx) of the Order are not applicable to the Company

i (a) The Company has maintained proper records showing full particulars including quantitative details and situation of fixed assets

(b) During the year the Company has physically verified the fixed assets In our opinion the frequency of physical verification is reasonable having regard to the size and operations of the Company and nature of its assets No material discrepancies were noticed on such verification

(c) The Company has not disposed off substantial part of fixed assets during the year

ii The Company has nerther 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 Companies Act 1956 Accordingly sub-clause (b) (c) (d) (f) and (g) of clause 4(iii) of the Order is not applicable

iii There are no transactions that need to be entered into the register maintained in pursuance of Section 301 of the Act consequently sub-clause 4(v)(b) is not applicable

iv The Company has not accepted any public deposits

v The Company has an internal audit system commensurate with its size and nature of its business

vi (a) According to the records of the Company the Company is generally regular in depositing with the appropriate authorities undisputed applicable statutory dues Based on our audit procedures and according to the information and explanations given to us there are no arrears of undisputed statutory dues which remained outstanding as at 31 st March 2010 for a period of more than six months from the date they became payable

(b) According to the records made available to us and the information and explanations given by the management the details of the dues of Income tax which have not been deposited with the appropriate authorities on account of dispute are given in the Appendix to this report

vii The Company does not have any accumulated losses at the end of the financial year and has incurred cash losses during the year but not in the immediately preceding financial year

viii The Company has maintained proper records of Transactions and Contracts for dealing ~~ares Securities Debentures and timely entries have been made in those records W II the Company has held the investments in its own name

3 I

N M RAIJI amp co

ix According to the information and explanations given to us no fraud on or by the Company has been noticed or reported during the year


Chartered Accountants Registration NO108296W


Membership No 33329Date ~ 6 AUG Z010

4

N M RAIJI amp co

Appendix to Auditors Report

Name of the Nature of Amount Financial year to Forum where Statute the Dues (Rs in which the matter dispute is

Thousa pertains pending nds)

Income Tax Tax 17232 2002-032003-042004shy

TribunalAct1961 05

Tax 4339 2005-06 Commissioner

(Appeals)

~

5

Particulars

INSTANT HOLDINGS LIMITED (Formerly known as KEC Holdings Limited)

BALANCE SHEET AS AT 31ST MARCH 2010

Schedule

As at 31st March 2010

Rs (in OOO)


Rs (in 000)

SOURCES OF FUNDS

SHAREHOLDERS FUNDS Share Capital Reserves and Surplus

1 2

33A5651 247162137

33A5651 248155130

LOAN FUNDS Unsecured Loans 3

250507788 252399348

APPLICATION OF FUNDS

FIXED ASSETS Gross Block Less Depreciation Net Block

4 13197

3059 10138

13197 943

12254

INVESTMENTS 5

DEFERRED TAX ASSETS

CURRENT ASSETS LOANS AND ADVANCES Sundry Debtors Cash and Bank Balance Loans Advances and Other Assets

6 7 8

35362244 323405

10973497 46659146

9097961 223430

12663535

LESS CURRENT LIABILITIES AND PROVISIONS Current Liabilities

NET CURRENT ASSETS

9 45339094 45339094

573716

MISCELLANEOUS EXPENDITURE (To the extent not written off or adjusted)

10

250507788 252399348

Notes forming part of Accounts 14

As per our report attached For and on behalf of Board of Directors

For N M Raiji amp Co ~tlcttl-rI Accountants

Place Mumbai

IDate 6 AUG 2010


PROFIT AND LOSS ACCOUNT FOR THE YEAR ENDED 31ST MARCH 2010

Particulars

INCOME Operating Income Other income

EXPENDITURE Depreciation Interest Other expenses

PROFIT (LOSS) BEFORE TAXATION

Add Excess(Short) provision of tax for earlier years Less Provision for taxation Add Deferred tax Asset

PROFIT (LOSS) AFTER TAXATION

Less Transfer to Statutory Reserve Add Balance brought forward

BALANCE CARRIED TO BALANCE SHEET

Earnings Per Share (Refer note no 5 (part B) of Schedule 14) - Basic (Rs) - Diluted (Rs)

Notes forming part of Accounts

Schedule

11 12

13

14

2009-10 Rs (in OOO)

2459049 118115

2577164

2116 62945

3116097 3181158

(603994)

(367499)

-(1500)

(992993)

-8452525

7459532

(297) (297)

2008-09 Rs (in 000)

5234897 350033

5584930

943 -

460135 461078

5123852

-88500

216200

5251552

1050310 4251283

8452525

1806 1805

As per our report attached For and on behalf of Board of Directors For N M Raiji amp Co

Dire~ Partner

Place Mumbai

I


CASH FLOW STATEMENT FOR THE YEAR ENDED ON 31ST MARCH 2010 2009-10 2008-09

Particulars Rs (in 000) Rs (in 000)

A CASH FLOW FROM OPERATING ACTIVITIES

Profit (Loss) before tax (603994) 5123852 Add Depreciation 2116 943 Add Other Receivables written off 50635 195832 Add Provision for Non Performing Assets 2026034 81606 Add Loss(Profit) on sale of Investments 723928 (857762)

Add Interest paid 62945 shyLess Interest income 19663 100091 Less Excess provision written back 100001 shyOperating Profit before working capital changes 2142000 4444380

Changes in

Trade and other receivables Trade payables

CASH GENERATED FROM OPERATIONS

(27099390) 44865379 19907989

(58808) 600185

4985757

Direct Taxes paid (net of refund oftaxes)

NET CASH FROM OPERATING ACTIVITIES a

71925 19979914

(441840) 4543917

B CASH FLOW FROM INVESTING ACTIVITIES

Purchase of Fixed Assets - (13197)

Purchase of Investments (124130528) (33422971) Sale of Investments 105183387 3507763 NET CASH FROM INVESTING ACTIVITIES D (18947141) (29928405)

C CASH FLOW FROM FINANCING ACTIVITIES

Interest income 19663 100091 Interest paid on ICD (53894) shyProceed from Increase in Share Capital 350280 Increase in Share Premium on issue of Capital 27847680

Share Application Money - (3283000)

Repayment of Unsecured Loan (898567) shyNET CASH FROM FINANCING ACTIVITIES c (932798) 25015051

NET (DECREASE)INCREASE IN CASH AND CASH (a+b+c) 99975 (369437)

EQUIVALENTS

Cash and Cash Equivalent Opening Balance 223430 492918

Cash and Cash Equivalents taken over as per the 99949

Scheme of Arrangement

Cash and Cash Equivalents - Closing Balance 323405 223430

Company Secretary and Manager

Notes 1 Previous years figures have been regrouped wherever necessary

2 All figures in the bracket are outflows

As per our report attached

For N M Raiji amp Co

---For and on behalf of Board of Directors

~ ~-~-----1 ~~ Dirlor Il

SCHEDULE FORMING PART OF rHE BALANCE SHEET AS AT 31ST

MARCH 2010 As at As at

31st March 2010 31st March 2009

Rs (in 000) Rs (in 000)

AUTHORISED 13000000 (Previous year 13000000) Equity Shares of Rs 10

each

ISSUED CAPITAL

3345651 (Previous year 3345651) Equity Shares of Rs 10 each

(A) SUBSCRIBED AND PAID UP 3345651 (Previous year 2975280)Equity Shares of Rs10 each

(Refer note no 1 below)

(B) Shares Pending Allotment Equity Share Capital

1) Of the above Equity Shares 2370371 (Previous year 2370371) fully paid up Equity Shares were allotted for

consideration other than cash pursuant to the Composite Scheme of Arrangement

2) 3345651 (Previous year 3295651) Equity Shares are held by Summit Securities Limited the Holding Company together

with its nominees

General Reserve Balance as per last Balance Sheet

Add Adjustment as per Scheme of Arrangement

Share Premium Account

Balance as per last Balance Sheet Add Received during the year

Special Reserve (as per Section 45 IC (1) of RBI Act 1934)

Balance as per last Balance Sheet Add Transferred from Profit amp Loss Account

Profit and Loss Account

In respect of the above Loans Rs Nil (Previous year Rs 898567

thousands) is due and repayable within a year

13000000 13000000

13000000 13000000

3345651 3345651

3345651

370371

3345651

54204894

54204894

182360180

182360180

3137531

3137531

7459532

247162137

255359

53949535 54204894

154512500 2784 7680

182360180

I2087221

1050310

3137531

8452525

248155130

I IC

i

~898567

~

~

I

EDULE FORMING PART OF THE BALANCE SHEET AS AT 31ST MARCH 2010

Additions I Deductions I As at 31st 1st April For the Up to 31st As at 31st

March 2010 2009 year March 2010 March 2010 13197 943 2116 3059 10138

(13197) - (13197) - (943) (9

- - 13197 943 2116

13197 - 13197 - (943

in brackets are of previous year

~

II-mr centL1npc -0llIlIflJJiun ~rlJiijl~f~iilii I II III II Ii=-

SCHEDULE FORMING PART OF THE BALANCE SHEET

AS AT 31ST MARCH 2010

LONG TERM - Non Trade

Quoted

Equity Shares (fully paid up)

ABB Limited

Apar Industries Limited

Areva TampD India Limited Bajaj Electricals Limited (shares were split in the ratio

of 15)

Bharat Heavy Electricals Limited CEAT Limited (Refer note - 1) (161500 shares

acquired during the year)

CESC Limited (1695728 shares sold during the year) CFL Capital Financial Services Limited (sold during the

year) Crompton Greaves Limited (Bonus shares received in

the ratio of 43) Eveready Industries India Limited (sold during the

year)

FGP Limited

Gammon India Limited

Harrisons Malayalam Limited

Hindustan Constructions Company Limited

Hindustan Oil Exploration Company Limited IVRCL Infrastructure amp Projects Limited (Bonus shares

received in the ratio of 11)

JMC Projects (India) Limited

Jyoti Structures Limited

Kalpataru Power Transmission Limited KEC International Limited (1696034 shares acquired

during the year)

Larsen amp Toubro Limited

McLeod Russel (India) Limited (sold during the year)

Nagarjuna Constructions Co Limited Phillips Carbon Black Limited (1339305 shares sold

during the period)

Reliance Infrastructure Limited

RPG Cables Limited (Refer note no 2)

RPG Life Sciences Limited

Saregama India Limited (sold during the year)

Siemens Limited

Simplex Industries Limited

Tata Power Company Limited

Techno Electric amp Engineering Company Limited

~ ~~-~~-~--~~~~~

Face Value

(Rs)

2

10

2

2

10

10

10

10

2

5

10 2

10

1

10

2

10

2

10

10

2

5

2

10

10

10

8

10

2

2

10

2

As at

31st March 2010

No of Shares Rs (in 000)

5

1

5

172

022

026

10

2

040

108

4832185 35078067

2404431 46853625

12 063

22014

1

1605200

10

200

70445

038

10244888

089

1000

10

1

5

2

083

012

030

062

2464011

4

113328298

133

2 024

832905

1

4233504

2000200

4642074

059

12902098

9516136

10

5

1

5

233

107

047

025

As at

31st March 2009


5

1

5

172

022

026

2

2

040

108

4670685 32818860

4100159 79897204

51778250 13371723 -

7 063

121699

22014

1

1605200

10

200

5 1

5

2

531844

70445

038

10244888

089

1000

083

012

030

062

1-

~ [

~

~ 1-

i _~

767977

4

42645272

133

121699

2

531845

024

2172210

1

4233504

2000200

249413

10

5

1

5

12106495

059

12902098

9516136

2791416

233

107

047

025

~

shy

~

I

i I



As at As at

31st Marchi 2010 31st Marchi 2009

Face Value No of Shares Rs (in 000) No of Shares Rs (in 000)

(Rs) II Unguoted

Equity Shares (Fully paid up) Eastern Aviation amp Industries Private Limited (Acquired

during the year) 10 87623 43811

Ganpati Sugar Industries Limited (sold during the year) 10 830000 010

Naida Power Company Limited (sold during the year) 10 1000000 1000000

Rado Tyres Limited (Acquired during the year) 10 2745310 137615 RPG Cellular Investments amp Holdings Private Limited

(Acquired during the year) 10 11361948 5695171

Spencer and Company Limited 10 1577776 6491849 1577776 6491849

Summit Securities Limited (Refer note no 3) 10 335640 3598432 335640 3598432

Trade Apartments Limited (sold during the year) 10 289500 158445

Warrants (Partly paid up) RPG Life Sciences Limited (Refer note no 4) 8 638000 378015 638000 378015

Non Cumulative Redeemable Preference Shares

(Fully paid up) 125 Universal Industrial Fund Limited (Refer note

no5) 100 37000 001 37000 001 15 RPG Cellular Investments amp Holdings Private

Limited (sold during the year) 100 361538 1702332

Zero Optional Convertible Debentures (Fully paid

up) Offshore India Limited (sold during the year) 100 760000 001

248982898 230759683

Aggregate Cost of Quoted Investments 232638004 217430598

Aggregate Cost of Unquoted Investments 16344894 13329085

Market Value of Quoted Investments 371994857 147821696

Notes

1) A non disposal undertaking of shares of CEAT Limited has been given to ICiCI Bank Ltd Bahrain for availing of External Commercial

Borrowing by CEAT Limited 2) As per the Scheme of Amalgamation of RPG Cables Limited with KEC Inernational Limited approved by High Court of Judicature at

Bombay and Karnataka the Company has received 211675 (fully paid up) of KEC International Limited against its holding in RPG

Cables Limited Shares were allotted on 12th June 2010

3) Pursuant to the Composite Scheme of Arrangement approved by High Court of Judicature at Mumbai the Company has received

335640 Equity Shares of Summit Securities Limited against its holding in Brabourne Enterprises Limited CHI Investments Limited and

Octav Investments Limited 4) Paid up value of the warrant is Rs 2 ~hese warrants are convertible into equal number of equity shares of Rs 8 each at a premium of Rs

1570 per share within 18 months ofallotment made on 30032009

5) These Shares are redeemable on 07092013

--=

-

-

I ~

~ ~

I

SCHEDULE FORMING PART OF THE BALANCE SHEET AS AT 31ST

MARCH2010 As at As at


Rs (in 000) Rs (in 000)

Unsecured unless otherwise stated Outstanding over six months

- Less Provision

Others

with scheduled banks in current account in Deposit account

Inter Corporate Deposits

Other receivables Less Provision

Income Tax Payment (Net of Provision for Tax)

Interest Accrued but not due Advances from corporates Other Liabilities

Amalgamation Adjustment Account less Adjusted against General Reserve

9098886 909889

8188997

2717324 7 35362244

123405 200000 323405

11546512 1462738

10083774

889723 10973497

45151920 187174

45339094

9097961 9097961

223430

223430

-

185600

11586329 446592

11139737

1338198 12663535

204486 333692

35538 573716

1024400 1024400

Provision made as required under the prudential norms prescribed by Reserve Bank of India for Non-Banking Financial Companies

I

SCHEDULE FORMING PART OF THE PROFIT AND LOSS ACCOUNT FOR

THE YEAR ENDED ON 31ST MARCH 2010

Dividend income

Interest Income (TDS Rs 1960 thousand PY Rs 21840 thousand)

Profit on sale redemption of long term investments (Net)

Interest on Income Tax Refund

Excess provision on doubtful debts written back

loans and Advances written off now recovered Miscellaneous Income

Auditors rem~neration - Audit Fees

- Other Capacity

Amalgamation Expenses

Miscellaneous Expenditure Professional fees

Other Receivables written off Provision for Non Performing Assets

Rates and taxes Repairs amp Maintanance Others

loss on sale of long term investments (Net)

Service charges

2009-10

Rs (in 000)

2439386 19663

5515 12243

171000 15494 27758 50635

2026034 250

83240 723928

3116097

2008 - 09 Rs (in 000)

4277044 100091

-857762

5234897

3300 760

5396 31542

195832 81606 17317 76382

48000

ti

~~

SCHEDULES FORMING PART OF THE ACCOUNTS FOR THE YEAR ENDED ON MARCH 31 2010

Schedule -14 Notes forming part of the Accounts

A Significant Accounting Policies

a) Fixed Assets

Fixed assets are stated at cost Cost comprises cost of acquisition cost of improvements and any attributable cost of bringing the asset to the condition for its intended use

b) Depreciation

Depreciation is provided on the Straight Line Method at the rates prescribed in Schedule XIV of the Companies Act 1956

c) Revenue Recognition

Interest income is recognised in the Profit and Loss Account as it accrues except in the case of Non Performing Assets (NPA) where it is recognised upon realisation

Dividend on investments is accounted when the right to receive payment is established

Profit earned from sale of securities is recognised on a trade date basis The cost of securities is computed based on a weighted average basis

d) Investments

i) Investments being long term are stated at cost Provision against diminution in the value of investments is made in case diminution is considered as other than temporary as per criteria laid down by the Board of Directors after considering that such investments are strategic in nature

ii) Current investments are stated at lower of cost or fair value

e) Provisions for Non Performing Assets (NPA) and Doubtful Debts

Sundry debtors loans and advances and receivables are identified as bad doubtful based on the duration of the delinquency The duration is set at appropriate levels for each product NPA provisions are made based on the

managements assessment of the degree of impairment and the level of

provisi~~g me~~s ~~ P~~~~~~~~~~~~Jre~~~ibed~~-~~~~3-~~-lt~ India __c c----~~ ~~~~~~~~~ _ _ yen --------- - ---~

I

f) Taxes on Income

a Current Tax Provision for Income Tax is determined in accordance with the provision of Income Tax Act 1961

b Deferred Tax Deferred tax is recognized on timing differences between the accounting income and the taxable income for the year and quantified using the tax rates and laws enacted or substantively enacted on the Balance Sheet date

Deferred tax assets are recognized and carried forward to the extent there is a reasonable certainty that sufficient future taxable income will be available against which such deferred tax assets can be realized

B Notes to the Accounts

1 The Scheme of Arrangement between erstwhile Instant Holdings Limited (IHL) and the Company

In accordance with the Scheme of Arrangement (the Scheme) between IHL and the Company as approved by the shareholders through their consent letters and subsequently sanctioned by Honble High Court of Judicature at Bombay Maharashtra under the provisions of the Companies Act 1956 vide its Order dated 18th December 2009 and which has been filed with Registrar of Companies on 23rd December 2009 and with Reserve Bank of India on 24th December 2009 the entire business of IHL as defined in the Scheme have been vested in the Company retrospectively with effect from the Appointed Date ie 31st March 2009 The Scheme has accordingly been given effect to in the previous accounting year

2 Contingent liabilities not provided for in respect of

(Rs in 1000) Income Tax Matters As at 31032010 As at 31032009 Appeals Filed before CIT(A)ITAT against Income Tax Demand

2674494 2741700

3 Warrants of RPG Life Science Limited Out of 638000 warrants issued at a value of Rs 15121 thousands Rs 11340 thousands is the unpaid portion Issue price of warrant is Rs 2370 (including premium of Rs 1570)

4 Related Party Transactions

a) Name and nature of relationship with the party (As identified and certified by the management)

Erstwhile Summit Securities Limited - Holding Company (till 30th March 2009) Summit Securities Limited (SSL) (formerly known as RPG Itochu Finance Limited) Holding Company (wef 31st March 2009) FGP Limited Holding Company of SSL (till 5th June 2009) RPG Cellular Investments and Holdings Private Limited Holding Company of SSL (from 5th June 2009 to 29th March 2010) Sudarshan Electronics amp TV Limited Subsidiary Company of SSL (wef 25th June 2009) Prism Telecom Private Limited - Subsidiary Company (till 15th July 2008) Key Managerial Personnel Ms Archana Ramamurthy

b) Transactions with related parties

(Rs in 1000)

Transactions during the period 2009-10 2008-09

FGP Limited

Interest Accrued 27874 NA

Summit Securities Limited (previously known as RPG Itochu Finance Limited)

Reimbursement of Expenses 506 NA

Advances given amp repaid 500 NA

Purchase of Investment 45311699 NA

Sale of Investments 1365908 NA

Assignment of Trade Receivables 1679885 NA


Erstwhile Summit Securities Umited Receipt against rights issue of equity shares - 24915000

Repayment of Advance taken - 53400

Expenses to be reimbursed - 13233

Prism Telecom Private Limited

Expenses to be recovered - 699

Subscription to 9900 equity shares - 9900

Sale of Investment - 9900

c) Balance due from (due to) related parties (Rs in 1000)

Related Parties As at 31032010 As at 31032009

Erstwhile Summit Securities Limited (13233)

RPG Cellular Investments and Holdings Private Limited 6123612 NA

Summit Securities Limited (previously known as RPG Itochu Finance Limited) (45119424) IA

Prism Telecom Private Limited - 699

5 Earnings Per Share (EPS)

2009-2010 2008-2009 Weighted average Number of equity shares for calculation of Basic EPS 33A5651 2908540 Weighted average Number of equity shares for calculation of Diluted EPS 33A5651 2909555 Net Profit (Loss) available for equity shareholders (Rs in i 000) (992993) 5251552

Face Value per share (Rs) 10 10

Basic EPS (Rs) (297) 1806

bull Diluted EPS (Rs) (297) 1805

6 Major components of Deferred Tax Asset and Deferred Tax Liabilities

(Rs in (000)

Particulars 2009-10 2008-09 Assets Carried Forward of Business Losses 45892 -Depreciation - 3016 Provision for doubtful debts 107380 213184 Amalgamation Expenses 42271 -

Liabilities Depreciation 843 Deferred Tax Assets (Net) 194700 I 216200

7 The Company is a NBFC amp primarily engaged in the investment in securities which is considered as one segment As such there is no other separate reportable segment as defined by Accounting Standard -17 HSegment Reporting as notified by the Companies (Accounting Standards) Rules 2006

8 The disclosure required as per paragraph 13 of the Non Banking Financial (Non Deposit Accepting or Holding) Companies Prudential Norms (Reserve Bank) Directions 2007 has been attached in a separate annexure

9 There are no outstanding to parties covered under the Micro Small and Medium Enterprises as per Micro Small Medium Enterprises Development Act 2006 This information has been determined to the extent such parties have been identified on the basis of information available with the Company This has been relied upon by the Auditors

10 Previous years figures have been regrouped wherever necessary Current year figures are not comparable with those of previous year on account of Scheme of Arrangement

=

I

II

M Raiji amp Co

Partner

Place Mumbai

INSTANT HOLDINGS UMITED

BALANCE SHEET ABSTRACT AND COMPANYS GENERAL BUSINESS PROFILE (in terms of amendment to Schedule VI part IV) is given below

Registration Details

Balance Sheet Date Date Year

State Code

Capital raised during the year (Amount in Rs Thousands) Public Issue

(Refer note no 1 (part B) of Schedule 14)

III Position of Mobilisation and Deployment of Funds (Amount in Rs Thousands)

Total Assets

121s101s101717118181 Source of Funds

Paid-up Capital Ir---r-I--r1-30-131-40-1s--rI-6-r-III-sTI-1I

Secured Loans Unsecured Loans 1~1~~~--~I~N~I-i~I-1 1 1 1 1 1

Application of Funds

Net Current Assets Misc Expenditure ~~~~----~-~~

1 1 1 1 1

Deferred Tax Asset Accumulated Losses

I I I I 111191417110101

IV Performance of Company (Amount in Rs Thousands)

Turnover Total Expenditure ~--12~I~sl~7~1-7~1-11~~1-6~1~41 1~1~1-3~rl~I-8~I-l~11~1-~I-s~18~1

Profit floss before tax Profit Loss after tax [IJ I~~~-~~~ 116101319119141 II I 19191219119131OJ

(Please tick Appropriate box + for Profit - for Loss) Dividend rate Ea~r slharle-inlRsmiddot---y__r-TI_2T_TI-9-7---

Basic LLJ L-------------I---L-----1-J rn Diluted [IJ 1-111--1111-1-1-112L-I1-=9-11J71

V Generic Name of Three Principal Products f Services of Company (as per Monetary Terms)

Item Code No (lTC Code)

Total Liabilities ~~~~----~-~~

Net Fixed Assets ~-~~----~

I I

Signatories to 1 to 14


Date 6 AUG l010

N M RAIJI amp co

(iv) In our opinion the Balance Sheet Profit and Loss Account and Cash Flow Statement dealt with by this report comply with the accounting standards prescribed by the Companies (Accounting Standards) Rules 2006 referred to in sub-section (3C) of section 211 of the Companies Act 1956

(v) On the basis of written representations received from the directors as on 31 st

March 2010 and taken on record by the Board of Directors we report that none 31 stof the directors of the Company is disqualified as on March 2010 from

being appointed as a director in terms of clause (g) of sub-section (1) of section 274 of the Companies Act 1956

(vi) In our opinion and to the best of our information and according to the explanations given to us the said accounts read together with the notes thereon give the information required by the Companies Act 1956 in the manner so required and give 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 st March 2010

(b) In the case of the Profit and Loss Account of the Loss for the year ended on that date and

(c) In the case of the Cash Flow Statement of the cash flow for the year ended on that date


Chartered Accountant Registration No108296 W


Membership No 33329Date ~_ 6 AUG 2010

I2

N M RAIJI amp co















3 I

N M RAIJI amp co






4

N M RAIJI amp co





TribunalAct1961 05


(Appeals)

~

5

Particulars



Schedule


Rs (in OOO)


Rs (in 000)

SOURCES OF FUNDS


1 2

33A5651 247162137

33A5651 248155130


250507788 252399348



4 13197

3059 10138

13197 943

12254

INVESTMENTS 5

DEFERRED TAX ASSETS


6 7 8

35362244 323405

10973497 46659146

9097961 223430

12663535


NET CURRENT ASSETS

9 45339094 45339094

573716


10

250507788 252399348




Place Mumbai

IDate 6 AUG 2010



Particulars










Schedule

11 12

13

14

2009-10 Rs (in OOO)

2459049 118115

2577164

2116 62945

3116097 3181158

(603994)

(367499)

-(1500)

(992993)

-8452525

7459532

(297) (297)

2008-09 Rs (in 000)

5234897 350033

5584930

943 -

460135 461078

5123852

-88500

216200

5251552

1050310 4251283

8452525

1806 1805


Dire~ Partner

Place Mumbai

I







Changes in



(27099390) 44865379 19907989

(58808) 600185

4985757



71925 19979914

(441840) 4543917









EQUIVALENTS











~ ~-~-----1 ~~ Dirlor Il




Rs (in 000) Rs (in 000)


each

ISSUED CAPITAL








with its nominees










13000000 13000000

13000000 13000000

3345651 3345651

3345651

370371

3345651

54204894

54204894

182360180

182360180

3137531

3137531

7459532

247162137

255359

53949535 54204894

154512500 2784 7680

182360180

I2087221

1050310

3137531

8452525

248155130

I IC

i

~898567

~

~

I




(13197) - (13197) - (943) (9

- - 13197 943 2116

13197 - 13197 - (943


~





Quoted


ABB Limited



of 15)






year)

FGP Limited









during the year)




during the period)





Siemens Limited




~ ~~-~~-~--~~~~~

Face Value

(Rs)

2

10

2

2

10

10

10

10

2

5

10 2

10

1

10

2

10

2

10

10

2

5

2

10

10

10

8

10

2

2

10

2

As at

31st March 2010


5

1

5

172

022

026

10

2

040

108

4832185 35078067

2404431 46853625

12 063

22014

1

1605200

10

200

70445

038

10244888

089

1000

10

1

5

2

083

012

030

062

2464011

4

113328298

133

2 024

832905

1

4233504

2000200

4642074

059

12902098

9516136

10

5

1

5

233

107

047

025

As at

31st March 2009


5

1

5

172

022

026

2

2

040

108

4670685 32818860

4100159 79897204

51778250 13371723 -

7 063

121699

22014

1

1605200

10

200

5 1

5

2

531844

70445

038

10244888

089

1000

083

012

030

062

1-

~ [

~

~ 1-

i _~

767977

4

42645272

133

121699

2

531845

024

2172210

1

4233504

2000200

249413

10

5

1

5

12106495

059

12902098

9516136

2791416

233

107

047

025

~

shy

~

I

i I



As at As at



(Rs) II Unguoted

















248982898 230759683




Notes










--=

-

-

I ~

~ ~

I




Rs (in 000) Rs (in 000)


- Less Provision

Others







9098886 909889

8188997

2717324 7 35362244

123405 200000 323405

11546512 1462738

10083774

889723 10973497

45151920 187174

45339094

9097961 9097961

223430

223430

-

185600

11586329 446592

11139737

1338198 12663535

204486 333692

35538 573716

1024400 1024400


I



Dividend income







- Other Capacity






Service charges

2009-10

Rs (in 000)

2439386 19663

5515 12243

171000 15494 27758 50635

2026034 250

83240 723928

3116097

2008 - 09 Rs (in 000)

4277044 100091

-857762

5234897

3300 760

5396 31542

195832 81606 17317 76382

48000

ti

~~




a) Fixed Assets


b) Depreciation






d) Investments







I

f) Taxes on Income









2674494 2741700






(Rs in 1000)


FGP Limited




























(Rs in (000)







=

I

II

M Raiji amp Co

Partner

Place Mumbai





State Code




Total Assets






1 1 1 1 1


I I I I 111191417110101










I I



Date 6 AUG l010

N M RAIJI amp co















3 I

N M RAIJI amp co






4

N M RAIJI amp co





TribunalAct1961 05


(Appeals)

~

5

Particulars



Schedule


Rs (in OOO)


Rs (in 000)

SOURCES OF FUNDS


1 2

33A5651 247162137

33A5651 248155130


250507788 252399348



4 13197

3059 10138

13197 943

12254

INVESTMENTS 5

DEFERRED TAX ASSETS


6 7 8

35362244 323405

10973497 46659146

9097961 223430

12663535


NET CURRENT ASSETS

9 45339094 45339094

573716


10

250507788 252399348




Place Mumbai

IDate 6 AUG 2010



Particulars










Schedule

11 12

13

14

2009-10 Rs (in OOO)

2459049 118115

2577164

2116 62945

3116097 3181158

(603994)

(367499)

-(1500)

(992993)

-8452525

7459532

(297) (297)

2008-09 Rs (in 000)

5234897 350033

5584930

943 -

460135 461078

5123852

-88500

216200

5251552

1050310 4251283

8452525

1806 1805


Dire~ Partner

Place Mumbai

I







Changes in



(27099390) 44865379 19907989

(58808) 600185

4985757



71925 19979914

(441840) 4543917









EQUIVALENTS











~ ~-~-----1 ~~ Dirlor Il




Rs (in 000) Rs (in 000)


each

ISSUED CAPITAL








with its nominees










13000000 13000000

13000000 13000000

3345651 3345651

3345651

370371

3345651

54204894

54204894

182360180

182360180

3137531

3137531

7459532

247162137

255359

53949535 54204894

154512500 2784 7680

182360180

I2087221

1050310

3137531

8452525

248155130

I IC

i

~898567

~

~

I




(13197) - (13197) - (943) (9

- - 13197 943 2116

13197 - 13197 - (943


~





Quoted


ABB Limited



of 15)






year)

FGP Limited









during the year)




during the period)





Siemens Limited




~ ~~-~~-~--~~~~~

Face Value

(Rs)

2

10

2

2

10

10

10

10

2

5

10 2

10

1

10

2

10

2

10

10

2

5

2

10

10

10

8

10

2

2

10

2

As at

31st March 2010


5

1

5

172

022

026

10

2

040

108

4832185 35078067

2404431 46853625

12 063

22014

1

1605200

10

200

70445

038

10244888

089

1000

10

1

5

2

083

012

030

062

2464011

4

113328298

133

2 024

832905

1

4233504

2000200

4642074

059

12902098

9516136

10

5

1

5

233

107

047

025

As at

31st March 2009


5

1

5

172

022

026

2

2

040

108

4670685 32818860

4100159 79897204

51778250 13371723 -

7 063

121699

22014

1

1605200

10

200

5 1

5

2

531844

70445

038

10244888

089

1000

083

012

030

062

1-

~ [

~

~ 1-

i _~

767977

4

42645272

133

121699

2

531845

024

2172210

1

4233504

2000200

249413

10

5

1

5

12106495

059

12902098

9516136

2791416

233

107

047

025

~

shy

~

I

i I



As at As at



(Rs) II Unguoted

















248982898 230759683




Notes










--=

-

-

I ~

~ ~

I




Rs (in 000) Rs (in 000)


- Less Provision

Others







9098886 909889

8188997

2717324 7 35362244

123405 200000 323405

11546512 1462738

10083774

889723 10973497

45151920 187174

45339094

9097961 9097961

223430

223430

-

185600

11586329 446592

11139737

1338198 12663535

204486 333692

35538 573716

1024400 1024400


I



Dividend income







- Other Capacity






Service charges

2009-10

Rs (in 000)

2439386 19663

5515 12243

171000 15494 27758 50635

2026034 250

83240 723928

3116097

2008 - 09 Rs (in 000)

4277044 100091

-857762

5234897

3300 760

5396 31542

195832 81606 17317 76382

48000

ti

~~




a) Fixed Assets


b) Depreciation






d) Investments







I

f) Taxes on Income









2674494 2741700






(Rs in 1000)


FGP Limited




























(Rs in (000)







=

I

II

M Raiji amp Co

Partner

Place Mumbai





State Code




Total Assets






1 1 1 1 1


I I I I 111191417110101










I I



Date 6 AUG l010

N M RAIJI amp co






4

N M RAIJI amp co





TribunalAct1961 05


(Appeals)

~

5

Particulars



Schedule


Rs (in OOO)


Rs (in 000)

SOURCES OF FUNDS


1 2

33A5651 247162137

33A5651 248155130


250507788 252399348



4 13197

3059 10138

13197 943

12254

INVESTMENTS 5

DEFERRED TAX ASSETS


6 7 8

35362244 323405

10973497 46659146

9097961 223430

12663535


NET CURRENT ASSETS

9 45339094 45339094

573716


10

250507788 252399348




Place Mumbai

IDate 6 AUG 2010



Particulars










Schedule

11 12

13

14

2009-10 Rs (in OOO)

2459049 118115

2577164

2116 62945

3116097 3181158

(603994)

(367499)

-(1500)

(992993)

-8452525

7459532

(297) (297)

2008-09 Rs (in 000)

5234897 350033

5584930

943 -

460135 461078

5123852

-88500

216200

5251552

1050310 4251283

8452525

1806 1805


Dire~ Partner

Place Mumbai

I







Changes in



(27099390) 44865379 19907989

(58808) 600185

4985757



71925 19979914

(441840) 4543917









EQUIVALENTS











~ ~-~-----1 ~~ Dirlor Il




Rs (in 000) Rs (in 000)


each

ISSUED CAPITAL








with its nominees










13000000 13000000

13000000 13000000

3345651 3345651

3345651

370371

3345651

54204894

54204894

182360180

182360180

3137531

3137531

7459532

247162137

255359

53949535 54204894

154512500 2784 7680

182360180

I2087221

1050310

3137531

8452525

248155130

I IC

i

~898567

~

~

I




(13197) - (13197) - (943) (9

- - 13197 943 2116

13197 - 13197 - (943


~





Quoted


ABB Limited



of 15)






year)

FGP Limited









during the year)




during the period)





Siemens Limited




~ ~~-~~-~--~~~~~

Face Value

(Rs)

2

10

2

2

10

10

10

10

2

5

10 2

10

1

10

2

10

2

10

10

2

5

2

10

10

10

8

10

2

2

10

2

As at

31st March 2010


5

1

5

172

022

026

10

2

040

108

4832185 35078067

2404431 46853625

12 063

22014

1

1605200

10

200

70445

038

10244888

089

1000

10

1

5

2

083

012

030

062

2464011

4

113328298

133

2 024

832905

1

4233504

2000200

4642074

059

12902098

9516136

10

5

1

5

233

107

047

025

As at

31st March 2009


5

1

5

172

022

026

2

2

040

108

4670685 32818860

4100159 79897204

51778250 13371723 -

7 063

121699

22014

1

1605200

10

200

5 1

5

2

531844

70445

038

10244888

089

1000

083

012

030

062

1-

~ [

~

~ 1-

i _~

767977

4

42645272

133

121699

2

531845

024

2172210

1

4233504

2000200

249413

10

5

1

5

12106495

059

12902098

9516136

2791416

233

107

047

025

~

shy

~

I

i I



As at As at



(Rs) II Unguoted

















248982898 230759683




Notes










--=

-

-

I ~

~ ~

I




Rs (in 000) Rs (in 000)


- Less Provision

Others







9098886 909889

8188997

2717324 7 35362244

123405 200000 323405

11546512 1462738

10083774

889723 10973497

45151920 187174

45339094

9097961 9097961

223430

223430

-

185600

11586329 446592

11139737

1338198 12663535

204486 333692

35538 573716

1024400 1024400


I



Dividend income







- Other Capacity






Service charges

2009-10

Rs (in 000)

2439386 19663

5515 12243

171000 15494 27758 50635

2026034 250

83240 723928

3116097

2008 - 09 Rs (in 000)

4277044 100091

-857762

5234897

3300 760

5396 31542

195832 81606 17317 76382

48000

ti

~~




a) Fixed Assets


b) Depreciation






d) Investments







I

f) Taxes on Income









2674494 2741700






(Rs in 1000)


FGP Limited




























(Rs in (000)







=

I

II

M Raiji amp Co

Partner

Place Mumbai





State Code




Total Assets






1 1 1 1 1


I I I I 111191417110101










I I



Date 6 AUG l010

N M RAIJI amp co





TribunalAct1961 05


(Appeals)

~

5

Particulars



Schedule


Rs (in OOO)


Rs (in 000)

SOURCES OF FUNDS


1 2

33A5651 247162137

33A5651 248155130


250507788 252399348



4 13197

3059 10138

13197 943

12254

INVESTMENTS 5

DEFERRED TAX ASSETS


6 7 8

35362244 323405

10973497 46659146

9097961 223430

12663535


NET CURRENT ASSETS

9 45339094 45339094

573716


10

250507788 252399348




Place Mumbai

IDate 6 AUG 2010



Particulars










Schedule

11 12

13

14

2009-10 Rs (in OOO)

2459049 118115

2577164

2116 62945

3116097 3181158

(603994)

(367499)

-(1500)

(992993)

-8452525

7459532

(297) (297)

2008-09 Rs (in 000)

5234897 350033

5584930

943 -

460135 461078

5123852

-88500

216200

5251552

1050310 4251283

8452525

1806 1805


Dire~ Partner

Place Mumbai

I







Changes in



(27099390) 44865379 19907989

(58808) 600185

4985757



71925 19979914

(441840) 4543917









EQUIVALENTS











~ ~-~-----1 ~~ Dirlor Il




Rs (in 000) Rs (in 000)


each

ISSUED CAPITAL








with its nominees










13000000 13000000

13000000 13000000

3345651 3345651

3345651

370371

3345651

54204894

54204894

182360180

182360180

3137531

3137531

7459532

247162137

255359

53949535 54204894

154512500 2784 7680

182360180

I2087221

1050310

3137531

8452525

248155130

I IC

i

~898567

~

~

I




(13197) - (13197) - (943) (9

- - 13197 943 2116

13197 - 13197 - (943


~





Quoted


ABB Limited



of 15)






year)

FGP Limited









during the year)




during the period)





Siemens Limited




~ ~~-~~-~--~~~~~

Face Value

(Rs)

2

10

2

2

10

10

10

10

2

5

10 2

10

1

10

2

10

2

10

10

2

5

2

10

10

10

8

10

2

2

10

2

As at

31st March 2010


5

1

5

172

022

026

10

2

040

108

4832185 35078067

2404431 46853625

12 063

22014

1

1605200

10

200

70445

038

10244888

089

1000

10

1

5

2

083

012

030

062

2464011

4

113328298

133

2 024

832905

1

4233504

2000200

4642074

059

12902098

9516136

10

5

1

5

233

107

047

025

As at

31st March 2009


5

1

5

172

022

026

2

2

040

108

4670685 32818860

4100159 79897204

51778250 13371723 -

7 063

121699

22014

1

1605200

10

200

5 1

5

2

531844

70445

038

10244888

089

1000

083

012

030

062

1-

~ [

~

~ 1-

i _~

767977

4

42645272

133

121699

2

531845

024

2172210

1

4233504

2000200

249413

10

5

1

5

12106495

059

12902098

9516136

2791416

233

107

047

025

~

shy

~

I

i I



As at As at



(Rs) II Unguoted

















248982898 230759683




Notes










--=

-

-

I ~

~ ~

I




Rs (in 000) Rs (in 000)


- Less Provision

Others







9098886 909889

8188997

2717324 7 35362244

123405 200000 323405

11546512 1462738

10083774

889723 10973497

45151920 187174

45339094

9097961 9097961

223430

223430

-

185600

11586329 446592

11139737

1338198 12663535

204486 333692

35538 573716

1024400 1024400


I



Dividend income







- Other Capacity






Service charges

2009-10

Rs (in 000)

2439386 19663

5515 12243

171000 15494 27758 50635

2026034 250

83240 723928

3116097

2008 - 09 Rs (in 000)

4277044 100091

-857762

5234897

3300 760

5396 31542

195832 81606 17317 76382

48000

ti

~~




a) Fixed Assets


b) Depreciation






d) Investments







I

f) Taxes on Income









2674494 2741700






(Rs in 1000)


FGP Limited




























(Rs in (000)







=

I

II

M Raiji amp Co

Partner

Place Mumbai





State Code




Total Assets






1 1 1 1 1


I I I I 111191417110101










I I



Date 6 AUG l010

Particulars



Schedule


Rs (in OOO)


Rs (in 000)

SOURCES OF FUNDS


1 2

33A5651 247162137

33A5651 248155130


250507788 252399348



4 13197

3059 10138

13197 943

12254

INVESTMENTS 5

DEFERRED TAX ASSETS


6 7 8

35362244 323405

10973497 46659146

9097961 223430

12663535


NET CURRENT ASSETS

9 45339094 45339094

573716


10

250507788 252399348




Place Mumbai

IDate 6 AUG 2010



Particulars










Schedule

11 12

13

14

2009-10 Rs (in OOO)

2459049 118115

2577164

2116 62945

3116097 3181158

(603994)

(367499)

-(1500)

(992993)

-8452525

7459532

(297) (297)

2008-09 Rs (in 000)

5234897 350033

5584930

943 -

460135 461078

5123852

-88500

216200

5251552

1050310 4251283

8452525

1806 1805


Dire~ Partner

Place Mumbai

I







Changes in



(27099390) 44865379 19907989

(58808) 600185

4985757



71925 19979914

(441840) 4543917









EQUIVALENTS











~ ~-~-----1 ~~ Dirlor Il




Rs (in 000) Rs (in 000)


each

ISSUED CAPITAL








with its nominees










13000000 13000000

13000000 13000000

3345651 3345651

3345651

370371

3345651

54204894

54204894

182360180

182360180

3137531

3137531

7459532

247162137

255359

53949535 54204894

154512500 2784 7680

182360180

I2087221

1050310

3137531

8452525

248155130

I IC

i

~898567

~

~

I




(13197) - (13197) - (943) (9

- - 13197 943 2116

13197 - 13197 - (943


~





Quoted


ABB Limited



of 15)






year)

FGP Limited









during the year)




during the period)





Siemens Limited




~ ~~-~~-~--~~~~~

Face Value

(Rs)

2

10

2

2

10

10

10

10

2

5

10 2

10

1

10

2

10

2

10

10

2

5

2

10

10

10

8

10

2

2

10

2

As at

31st March 2010


5

1

5

172

022

026

10

2

040

108

4832185 35078067

2404431 46853625

12 063

22014

1

1605200

10

200

70445

038

10244888

089

1000

10

1

5

2

083

012

030

062

2464011

4

113328298

133

2 024

832905

1

4233504

2000200

4642074

059

12902098

9516136

10

5

1

5

233

107

047

025

As at

31st March 2009


5

1

5

172

022

026

2

2

040

108

4670685 32818860

4100159 79897204

51778250 13371723 -

7 063

121699

22014

1

1605200

10

200

5 1

5

2

531844

70445

038

10244888

089

1000

083

012

030

062

1-

~ [

~

~ 1-

i _~

767977

4

42645272

133

121699

2

531845

024

2172210

1

4233504

2000200

249413

10

5

1

5

12106495

059

12902098

9516136

2791416

233

107

047

025

~

shy

~

I

i I



As at As at



(Rs) II Unguoted

















248982898 230759683




Notes










--=

-

-

I ~

~ ~

I




Rs (in 000) Rs (in 000)


- Less Provision

Others







9098886 909889

8188997

2717324 7 35362244

123405 200000 323405

11546512 1462738

10083774

889723 10973497

45151920 187174

45339094

9097961 9097961

223430

223430

-

185600

11586329 446592

11139737

1338198 12663535

204486 333692

35538 573716

1024400 1024400


I



Dividend income







- Other Capacity






Service charges

2009-10

Rs (in 000)

2439386 19663

5515 12243

171000 15494 27758 50635

2026034 250

83240 723928

3116097

2008 - 09 Rs (in 000)

4277044 100091

-857762

5234897

3300 760

5396 31542

195832 81606 17317 76382

48000

ti

~~




a) Fixed Assets


b) Depreciation






d) Investments







I

f) Taxes on Income









2674494 2741700






(Rs in 1000)


FGP Limited




























(Rs in (000)







=

I

II

M Raiji amp Co

Partner

Place Mumbai





State Code




Total Assets






1 1 1 1 1


I I I I 111191417110101










I I



Date 6 AUG l010



Particulars










Schedule

11 12

13

14

2009-10 Rs (in OOO)

2459049 118115

2577164

2116 62945

3116097 3181158

(603994)

(367499)

-(1500)

(992993)

-8452525

7459532

(297) (297)

2008-09 Rs (in 000)

5234897 350033

5584930

943 -

460135 461078

5123852

-88500

216200

5251552

1050310 4251283

8452525

1806 1805


Dire~ Partner

Place Mumbai

I







Changes in



(27099390) 44865379 19907989

(58808) 600185

4985757



71925 19979914

(441840) 4543917









EQUIVALENTS











~ ~-~-----1 ~~ Dirlor Il




Rs (in 000) Rs (in 000)


each

ISSUED CAPITAL








with its nominees










13000000 13000000

13000000 13000000

3345651 3345651

3345651

370371

3345651

54204894

54204894

182360180

182360180

3137531

3137531

7459532

247162137

255359

53949535 54204894

154512500 2784 7680

182360180

I2087221

1050310

3137531

8452525

248155130

I IC

i

~898567

~

~

I




(13197) - (13197) - (943) (9

- - 13197 943 2116

13197 - 13197 - (943


~





Quoted


ABB Limited



of 15)






year)

FGP Limited









during the year)




during the period)





Siemens Limited




~ ~~-~~-~--~~~~~

Face Value

(Rs)

2

10

2

2

10

10

10

10

2

5

10 2

10

1

10

2

10

2

10

10

2

5

2

10

10

10

8

10

2

2

10

2

As at

31st March 2010


5

1

5

172

022

026

10

2

040

108

4832185 35078067

2404431 46853625

12 063

22014

1

1605200

10

200

70445

038

10244888

089

1000

10

1

5

2

083

012

030

062

2464011

4

113328298

133

2 024

832905

1

4233504

2000200

4642074

059

12902098

9516136

10

5

1

5

233

107

047

025

As at

31st March 2009


5

1

5

172

022

026

2

2

040

108

4670685 32818860

4100159 79897204

51778250 13371723 -

7 063

121699

22014

1

1605200

10

200

5 1

5

2

531844

70445

038

10244888

089

1000

083

012

030

062

1-

~ [

~

~ 1-

i _~

767977

4

42645272

133

121699

2

531845

024

2172210

1

4233504

2000200

249413

10

5

1

5

12106495

059

12902098

9516136

2791416

233

107

047

025

~

shy

~

I

i I



As at As at



(Rs) II Unguoted

















248982898 230759683




Notes










--=

-

-

I ~

~ ~

I




Rs (in 000) Rs (in 000)


- Less Provision

Others







9098886 909889

8188997

2717324 7 35362244

123405 200000 323405

11546512 1462738

10083774

889723 10973497

45151920 187174

45339094

9097961 9097961

223430

223430

-

185600

11586329 446592

11139737

1338198 12663535

204486 333692

35538 573716

1024400 1024400


I



Dividend income







- Other Capacity






Service charges

2009-10

Rs (in 000)

2439386 19663

5515 12243

171000 15494 27758 50635

2026034 250

83240 723928

3116097

2008 - 09 Rs (in 000)

4277044 100091

-857762

5234897

3300 760

5396 31542

195832 81606 17317 76382

48000

ti

~~




a) Fixed Assets


b) Depreciation






d) Investments







I

f) Taxes on Income









2674494 2741700






(Rs in 1000)


FGP Limited




























(Rs in (000)







=

I

II

M Raiji amp Co

Partner

Place Mumbai





State Code




Total Assets






1 1 1 1 1


I I I I 111191417110101










I I



Date 6 AUG l010







Changes in



(27099390) 44865379 19907989

(58808) 600185

4985757



71925 19979914

(441840) 4543917









EQUIVALENTS











~ ~-~-----1 ~~ Dirlor Il




Rs (in 000) Rs (in 000)


each

ISSUED CAPITAL








with its nominees










13000000 13000000

13000000 13000000

3345651 3345651

3345651

370371

3345651

54204894

54204894

182360180

182360180

3137531

3137531

7459532

247162137

255359

53949535 54204894

154512500 2784 7680

182360180

I2087221

1050310

3137531

8452525

248155130

I IC

i

~898567

~

~

I




(13197) - (13197) - (943) (9

- - 13197 943 2116

13197 - 13197 - (943


~





Quoted


ABB Limited



of 15)






year)

FGP Limited









during the year)




during the period)





Siemens Limited




~ ~~-~~-~--~~~~~

Face Value

(Rs)

2

10

2

2

10

10

10

10

2

5

10 2

10

1

10

2

10

2

10

10

2

5

2

10

10

10

8

10

2

2

10

2

As at

31st March 2010


5

1

5

172

022

026

10

2

040

108

4832185 35078067

2404431 46853625

12 063

22014

1

1605200

10

200

70445

038

10244888

089

1000

10

1

5

2

083

012

030

062

2464011

4

113328298

133

2 024

832905

1

4233504

2000200

4642074

059

12902098

9516136

10

5

1

5

233

107

047

025

As at

31st March 2009


5

1

5

172

022

026

2

2

040

108

4670685 32818860

4100159 79897204

51778250 13371723 -

7 063

121699

22014

1

1605200

10

200

5 1

5

2

531844

70445

038

10244888

089

1000

083

012

030

062

1-

~ [

~

~ 1-

i _~

767977

4

42645272

133

121699

2

531845

024

2172210

1

4233504

2000200

249413

10

5

1

5

12106495

059

12902098

9516136

2791416

233

107

047

025

~

shy

~

I

i I



As at As at



(Rs) II Unguoted

















248982898 230759683




Notes










--=

-

-

I ~

~ ~

I




Rs (in 000) Rs (in 000)


- Less Provision

Others







9098886 909889

8188997

2717324 7 35362244

123405 200000 323405

11546512 1462738

10083774

889723 10973497

45151920 187174

45339094

9097961 9097961

223430

223430

-

185600

11586329 446592

11139737

1338198 12663535

204486 333692

35538 573716

1024400 1024400


I



Dividend income







- Other Capacity






Service charges

2009-10

Rs (in 000)

2439386 19663

5515 12243

171000 15494 27758 50635

2026034 250

83240 723928

3116097

2008 - 09 Rs (in 000)

4277044 100091

-857762

5234897

3300 760

5396 31542

195832 81606 17317 76382

48000

ti

~~




a) Fixed Assets


b) Depreciation






d) Investments







I

f) Taxes on Income









2674494 2741700






(Rs in 1000)


FGP Limited




























(Rs in (000)







=

I

II

M Raiji amp Co

Partner

Place Mumbai





State Code




Total Assets






1 1 1 1 1


I I I I 111191417110101










I I



Date 6 AUG l010




Rs (in 000) Rs (in 000)


each

ISSUED CAPITAL








with its nominees










13000000 13000000

13000000 13000000

3345651 3345651

3345651

370371

3345651

54204894

54204894

182360180

182360180

3137531

3137531

7459532

247162137

255359

53949535 54204894

154512500 2784 7680

182360180

I2087221

1050310

3137531

8452525

248155130

I IC

i

~898567

~

~

I




(13197) - (13197) - (943) (9

- - 13197 943 2116

13197 - 13197 - (943


~





Quoted


ABB Limited



of 15)






year)

FGP Limited









during the year)




during the period)





Siemens Limited




~ ~~-~~-~--~~~~~

Face Value

(Rs)

2

10

2

2

10

10

10

10

2

5

10 2

10

1

10

2

10

2

10

10

2

5

2

10

10

10

8

10

2

2

10

2

As at

31st March 2010


5

1

5

172

022

026

10

2

040

108

4832185 35078067

2404431 46853625

12 063

22014

1

1605200

10

200

70445

038

10244888

089

1000

10

1

5

2

083

012

030

062

2464011

4

113328298

133

2 024

832905

1

4233504

2000200

4642074

059

12902098

9516136

10

5

1

5

233

107

047

025

As at

31st March 2009


5

1

5

172

022

026

2

2

040

108

4670685 32818860

4100159 79897204

51778250 13371723 -

7 063

121699

22014

1

1605200

10

200

5 1

5

2

531844

70445

038

10244888

089

1000

083

012

030

062

1-

~ [

~

~ 1-

i _~

767977

4

42645272

133

121699

2

531845

024

2172210

1

4233504

2000200

249413

10

5

1

5

12106495

059

12902098

9516136

2791416

233

107

047

025

~

shy

~

I

i I



As at As at



(Rs) II Unguoted

















248982898 230759683




Notes










--=

-

-

I ~

~ ~

I




Rs (in 000) Rs (in 000)


- Less Provision

Others







9098886 909889

8188997

2717324 7 35362244

123405 200000 323405

11546512 1462738

10083774

889723 10973497

45151920 187174

45339094

9097961 9097961

223430

223430

-

185600

11586329 446592

11139737

1338198 12663535

204486 333692

35538 573716

1024400 1024400


I



Dividend income







- Other Capacity






Service charges

2009-10

Rs (in 000)

2439386 19663

5515 12243

171000 15494 27758 50635

2026034 250

83240 723928

3116097

2008 - 09 Rs (in 000)

4277044 100091

-857762

5234897

3300 760

5396 31542

195832 81606 17317 76382

48000

ti

~~




a) Fixed Assets


b) Depreciation






d) Investments







I

f) Taxes on Income









2674494 2741700






(Rs in 1000)


FGP Limited




























(Rs in (000)







=

I

II

M Raiji amp Co

Partner

Place Mumbai





State Code




Total Assets






1 1 1 1 1


I I I I 111191417110101










I I



Date 6 AUG l010




(13197) - (13197) - (943) (9

- - 13197 943 2116

13197 - 13197 - (943


~





Quoted


ABB Limited



of 15)






year)

FGP Limited









during the year)




during the period)





Siemens Limited




~ ~~-~~-~--~~~~~

Face Value

(Rs)

2

10

2

2

10

10

10

10

2

5

10 2

10

1

10

2

10

2

10

10

2

5

2

10

10

10

8

10

2

2

10

2

As at

31st March 2010


5

1

5

172

022

026

10

2

040

108

4832185 35078067

2404431 46853625

12 063

22014

1

1605200

10

200

70445

038

10244888

089

1000

10

1

5

2

083

012

030

062

2464011

4

113328298

133

2 024

832905

1

4233504

2000200

4642074

059

12902098

9516136

10

5

1

5

233

107

047

025

As at

31st March 2009


5

1

5

172

022

026

2

2

040

108

4670685 32818860

4100159 79897204

51778250 13371723 -

7 063

121699

22014

1

1605200

10

200

5 1

5

2

531844

70445

038

10244888

089

1000

083

012

030

062

1-

~ [

~

~ 1-

i _~

767977

4

42645272

133

121699

2

531845

024

2172210

1

4233504

2000200

249413

10

5

1

5

12106495

059

12902098

9516136

2791416

233

107

047

025

~

shy

~

I

i I



As at As at



(Rs) II Unguoted

















248982898 230759683




Notes










--=

-

-

I ~

~ ~

I




Rs (in 000) Rs (in 000)


- Less Provision

Others







9098886 909889

8188997

2717324 7 35362244

123405 200000 323405

11546512 1462738

10083774

889723 10973497

45151920 187174

45339094

9097961 9097961

223430

223430

-

185600

11586329 446592

11139737

1338198 12663535

204486 333692

35538 573716

1024400 1024400


I



Dividend income







- Other Capacity






Service charges

2009-10

Rs (in 000)

2439386 19663

5515 12243

171000 15494 27758 50635

2026034 250

83240 723928

3116097

2008 - 09 Rs (in 000)

4277044 100091

-857762

5234897

3300 760

5396 31542

195832 81606 17317 76382

48000

ti

~~




a) Fixed Assets


b) Depreciation






d) Investments







I

f) Taxes on Income









2674494 2741700






(Rs in 1000)


FGP Limited




























(Rs in (000)







=

I

II

M Raiji amp Co

Partner

Place Mumbai





State Code




Total Assets






1 1 1 1 1


I I I I 111191417110101










I I



Date 6 AUG l010




Quoted


ABB Limited



of 15)






year)

FGP Limited









during the year)




during the period)





Siemens Limited




~ ~~-~~-~--~~~~~

Face Value

(Rs)

2

10

2

2

10

10

10

10

2

5

10 2

10

1

10

2

10

2

10

10

2

5

2

10

10

10

8

10

2

2

10

2

As at

31st March 2010


5

1

5

172

022

026

10

2

040

108

4832185 35078067

2404431 46853625

12 063

22014

1

1605200

10

200

70445

038

10244888

089

1000

10

1

5

2

083

012

030

062

2464011

4

113328298

133

2 024

832905

1

4233504

2000200

4642074

059

12902098

9516136

10

5

1

5

233

107

047

025

As at

31st March 2009


5

1

5

172

022

026

2

2

040

108

4670685 32818860

4100159 79897204

51778250 13371723 -

7 063

121699

22014

1

1605200

10

200

5 1

5

2

531844

70445

038

10244888

089

1000

083

012

030

062

1-

~ [

~

~ 1-

i _~

767977

4

42645272

133

121699

2

531845

024

2172210

1

4233504

2000200

249413

10

5

1

5

12106495

059

12902098

9516136

2791416

233

107

047

025

~

shy

~

I

i I



As at As at



(Rs) II Unguoted

















248982898 230759683




Notes










--=

-

-

I ~

~ ~

I




Rs (in 000) Rs (in 000)


- Less Provision

Others







9098886 909889

8188997

2717324 7 35362244

123405 200000 323405

11546512 1462738

10083774

889723 10973497

45151920 187174

45339094

9097961 9097961

223430

223430

-

185600

11586329 446592

11139737

1338198 12663535

204486 333692

35538 573716

1024400 1024400


I



Dividend income







- Other Capacity






Service charges

2009-10

Rs (in 000)

2439386 19663

5515 12243

171000 15494 27758 50635

2026034 250

83240 723928

3116097

2008 - 09 Rs (in 000)

4277044 100091

-857762

5234897

3300 760

5396 31542

195832 81606 17317 76382

48000

ti

~~




a) Fixed Assets


b) Depreciation






d) Investments







I

f) Taxes on Income









2674494 2741700






(Rs in 1000)


FGP Limited




























(Rs in (000)







=

I

II

M Raiji amp Co

Partner

Place Mumbai





State Code




Total Assets






1 1 1 1 1


I I I I 111191417110101










I I



Date 6 AUG l010



As at As at



(Rs) II Unguoted

















248982898 230759683




Notes










--=

-

-

I ~

~ ~

I




Rs (in 000) Rs (in 000)


- Less Provision

Others







9098886 909889

8188997

2717324 7 35362244

123405 200000 323405

11546512 1462738

10083774

889723 10973497

45151920 187174

45339094

9097961 9097961

223430

223430

-

185600

11586329 446592

11139737

1338198 12663535

204486 333692

35538 573716

1024400 1024400


I



Dividend income







- Other Capacity






Service charges

2009-10

Rs (in 000)

2439386 19663

5515 12243

171000 15494 27758 50635

2026034 250

83240 723928

3116097

2008 - 09 Rs (in 000)

4277044 100091

-857762

5234897

3300 760

5396 31542

195832 81606 17317 76382

48000

ti

~~




a) Fixed Assets


b) Depreciation






d) Investments







I

f) Taxes on Income









2674494 2741700






(Rs in 1000)


FGP Limited




























(Rs in (000)







=

I

II

M Raiji amp Co

Partner

Place Mumbai





State Code




Total Assets






1 1 1 1 1


I I I I 111191417110101










I I



Date 6 AUG l010




Rs (in 000) Rs (in 000)


- Less Provision

Others







9098886 909889

8188997

2717324 7 35362244

123405 200000 323405

11546512 1462738

10083774

889723 10973497

45151920 187174

45339094

9097961 9097961

223430

223430

-

185600

11586329 446592

11139737

1338198 12663535

204486 333692

35538 573716

1024400 1024400


I



Dividend income







- Other Capacity






Service charges

2009-10

Rs (in 000)

2439386 19663

5515 12243

171000 15494 27758 50635

2026034 250

83240 723928

3116097

2008 - 09 Rs (in 000)

4277044 100091

-857762

5234897

3300 760

5396 31542

195832 81606 17317 76382

48000

ti

~~




a) Fixed Assets


b) Depreciation






d) Investments







I

f) Taxes on Income









2674494 2741700






(Rs in 1000)


FGP Limited




























(Rs in (000)







=

I

II

M Raiji amp Co

Partner

Place Mumbai





State Code




Total Assets






1 1 1 1 1


I I I I 111191417110101










I I



Date 6 AUG l010



Dividend income







- Other Capacity






Service charges

2009-10

Rs (in 000)

2439386 19663

5515 12243

171000 15494 27758 50635

2026034 250

83240 723928

3116097

2008 - 09 Rs (in 000)

4277044 100091

-857762

5234897

3300 760

5396 31542

195832 81606 17317 76382

48000

ti

~~




a) Fixed Assets


b) Depreciation






d) Investments







I

f) Taxes on Income









2674494 2741700






(Rs in 1000)


FGP Limited




























(Rs in (000)







=

I

II

M Raiji amp Co

Partner

Place Mumbai





State Code




Total Assets






1 1 1 1 1


I I I I 111191417110101










I I



Date 6 AUG l010




a) Fixed Assets


b) Depreciation






d) Investments







I

f) Taxes on Income









2674494 2741700






(Rs in 1000)


FGP Limited




























(Rs in (000)







=

I

II

M Raiji amp Co

Partner

Place Mumbai





State Code




Total Assets






1 1 1 1 1


I I I I 111191417110101










I I



Date 6 AUG l010

f) Taxes on Income









2674494 2741700






(Rs in 1000)


FGP Limited




























(Rs in (000)







=

I

II

M Raiji amp Co

Partner

Place Mumbai





State Code




Total Assets






1 1 1 1 1


I I I I 111191417110101










I I



Date 6 AUG l010





(Rs in 1000)


FGP Limited




























(Rs in (000)







=

I

II

M Raiji amp Co

Partner

Place Mumbai





State Code




Total Assets






1 1 1 1 1


I I I I 111191417110101










I I



Date 6 AUG l010







(Rs in (000)







=

I

II

M Raiji amp Co

Partner

Place Mumbai





State Code




Total Assets






1 1 1 1 1


I I I I 111191417110101










I I



Date 6 AUG l010

II

M Raiji amp Co

Partner

Place Mumbai





State Code




Total Assets






1 1 1 1 1


I I I I 111191417110101










I I



Date 6 AUG l010

n. - summit securities

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