| CONSERVATION OF ENERGY, TECHNOLOGY ABSORPTION, FOREIGN EXCHANGE
EARNINGS AND OUTGO. |
| A Statement containing necessary information, as required under the Companies (Disclosure of Particulars in the Report of Board of
Directors) Rules, 1988, is annexed hereto as Annexure 'D'. |
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| APPRECIATION |
| We wish to acknowledge the understanding, support and the services of the sincere workers, staff and executives of the Company,
which have largely contributed to the efficient operations & management of the Company. Your Directors also wish to place on record
the valuable co-operation & support received from the Financial Institutions, Banks, the Government of India, the State Governments
and the concerned local authorities. |
| We would also like to express sincere thanks to our Shareholders and Debenture holders for their confidence and understanding. |
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B. K. BIRLA |
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Chairman |
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K. G. MAHESHWARI |
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Directors |
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B. P. BAJORIA |
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P. K. CHOKSEY |
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G. B. PANDE |
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AMITABHA GHOSH |
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| Kolkata, |
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S. K. PATODIA |
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DEEPAK TANDON |
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P. K. MALLIK |
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| 28th April, 2010. |
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Secretary |
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Whole-time Director |
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MANJUSHREE KHAITAN |
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