| 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 local authorities concerned. |
| 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 |
Kolkata,
28th April,
2011 |
S. K. Patodia
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K. C. Jain
Whole-time
Director
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K. G. Maheshwari
B. P. Bajoria
P. K. Choksey
Amitabha Ghosh
P. K. Mallik
Manjushree Khaitan |
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Directors |
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