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1 29 th Annual Report 2011-12 PREMIER CAPITAL SERVICES LIMITED
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Page 1: 29th Annual Report 2011-12 PREMIER CAPITAL SERVICES LIMITED€¦ · Premier Capital Services Limited NOTICE Notice is hereby given that the 29th ANNUAL GENERAL MEETING of the Members

1

29th

Annual Report2011-12

PREMIER CAPITAL SERVICES LIMITED

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Premier Capital Services Limited

BOARD OF DIRECTORS

Shri Manoj Kasliwal ChairmanSmt. Sharda Kasliwal DirectorShri Dalip Kumar DirectorShri Ashwani Kumar Bhat Director (Independent)Shri Manish Praful Patel Director (Independent)Smt. Rashmi Ahuja Director (Independent)

AUDITORS:S.C. Maheshwari & AssociatesChartered AccountantsMumbai

BANKERS:Canara Bank

REGISTRARS AND SHARE TRANSFER AGENTS:M/s. Purva Sharegistry (India) Pvt. Ltd.,9, Shiv Shakti Industrial Estate,J.R. Boricha Marg,Opp. Kasturba Hospital,Lower Parel (E),Mumbai- 400 011

REGISTERED OFFICE:4, Bhima Vaitarna Complex,Sir Pochkhanwala Road,Worli, Mumbai (MH) 400030

CORPORATE OFFICE:5/5-A, Navratan Baugh,Behind Vishesh Hospital,Off. Geeta Bhawan Square,Indore (M.P.) – 452001

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Premier Capital Services Limited

CONTENTS

Page No.

Notice 4

Details of Directors 8

Directors’ Report, Management Discussion and Analysis 11

Compliance Certificate 12

Auditors’ Report 16

Balance Sheet 21

Profit and Loss Account 22

Schedules to the Accounts 23

Cash Flow 35

Attendance Slip/Proxy IBC

TWENTY NINTH ANNUAL GENERAL MEETING

On SaturdayThe 29th September, 2011

At“Registered Office”

4, Bhima Vaitarna Complex,Sir Pochkhanwala Road,

Worli, Mumbai (MH) – 400 030

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Premier Capital Services Limited

NOTICE

Notice is hereby given that the 29th ANNUAL GENERAL MEETING of the Members ofPREMIER CAPITAL SERVICES LIMITED will be held at 4, Bhima Vaitarna Complex, SirPochkhanwala Road, Worli, Mumbai (MH) on Saturday 29th September, 2012 at 11.00A.M to transact the following Business:

Ordinary Business

a. To receive, consider and adopt the Audited Balance Sheet and Profit & LossAccount for the financial year ended 31st March 2012, together with theDirectors’ Report and Auditors’ Report thereon.

b. To appoint a Director in place of Shri Ashwani Kumar Bhat, Director of thecompany who retires by rotation and being eligible offers himself for re-appointment.

c. To re-appoint M/s S.C. Maheshwari & Associates, Chartered Accountants asAuditors of the Company to hold office from the conclusion of this meetingtill the conclusion of the next Annual General Meeting and authorize Boardof Directors to fix their remuneration.

By order of the Board of Directors

Mumbai, 3rd September, 2012 Sd/-Manoj Kasliwal

Chairman

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Premier Capital Services Limited

NOTES

1. A member entitled to attend and vote at the meeting is also entitled to appoint a proxy toattend and vote instead of himself. The proxy need not to be the member of the Company.

The proxy representation must be registered at the registered office of the Company not lessthan 48 hours before the meeting.

2. Member seeking any information with regard to Annual Accounts of the Company arerequired to write at least 10 days in advance so as to enable the company to keep theinformation ready. Replies will be provided only at the meeting.

3. Profile of Director seeking re-appointment, as required by clause 49 of the listingagreement entered into with the stock Exchanges, is annexed to this Notice.

4. Members who have multiple accounts in identical names or joint names in same order arerequired to intimate the company the Ledger Folio of such account to enable the company toconsolidate all such shareholdings in one account.

5. Members are requested to bring their copy of Annual Report to the Annual Generalmeeting as additional copies will not be circulated at the meeting.

6. Members/proxies should bring the attendance slip duly filled in for attending the meeting.

7. Corporate Members intending to send their authorised representatives to attend themeeting are requested to send a certified copy of Board resolution authorizing theirrepresentatives to attend and vote on their behalf at the meeting.

8. The Share transfer instruments, complete in all respects, should be sent to the Registrar &Share Transfer Agents, M/s Purva Sharegistry (India) Pvt Ltd, 9, Shiv Shakti Industrial Estate, J.R.Boricha Marg, Opp. Kastruba Hospital, Lower Parel (E) Mumbai-400011 well in advance so as toreach the Registrars & Share Transfer Agents prior to the book closure.

9. The Shareholders are requested to inform the change of their address if any to theCompany.

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Premier Capital Services Limited

10. Member who hold the shares of company in physical form are advised to contact theirdepository participant for dematerialization of their holdings in their own interest. The ISIN No.allotted to company is INE946K01015 for both the Depositories viz, The National SecuritiesDepository Ltd (NSDL) and Central Depository Services (India) Ltd. (CDSL).

11. The Register of Members and the Share Transfer Book of the Company will remain closedfrom 22nd Sept., 2012 to 29th Sept., 2012 (Both days inclusive).

12. The Ministry of Corporate Affairs has introduced ‘Green Initiative’ whereby thedocuments are permitted to be served on the members through electronic mode i.e e-mail. Thisinitiative is a step towards protection of environment and enabling faster communication withthe members. Accordingly the company proposed to serve all documents to e-mail addresses ofthe members. Members are requested to provide/update their e-mail addresses with theirrespective Depository Participants (DP) or send an e-mail at [email protected] to get AnnualReport and other documents on such e-mail address. Members holding shares in physical formare also requested to intimate their e-mail address to Purva Sharegistry either by e-mail [email protected] by sending a communication at the address mentioned at note 8 above.

By order of the Board of Directors

Mumbai, 3rd September, 2012Sd/-

Manoj KasliwalChairman

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Premier Capital Services Limited

Profile of Directors seeking appointment at ensuing 29th Annual General Meeting as required to be furnishedpursuant to clause 49 of the Listing Agreement with the Stock Exchange in India

Name andDesignation

Date ofBirth

Date ofAppointment

QualificationNature ofExpertise

Directorship heldin other

Companies(excluding foreign

companies)

Membership/Chairmanships of committees of

other public companies(including only Audit

Committee &Shareholders/ InvestorsGrievance Committee)

Number ofshares held

in theCompany

Shri AshwaniKumar Bhat(Director)

12.06.1952 28.12.2010 M. PharmaRich

experience inmanagement

None None Nil

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Premier Capital Services Limited

DIRECTORS’ REPORT

Dear Members,

Your Directors have pleasure in presenting the 29th Annual Report and Audited Accounts ofthe Company for the year ended March 31, 2012.

PERFORMANCEDuring the year under review, the total Revenue of the Company is 10,83,267/- ascompared to 7,94,949/- of the Previous year and has earned net Profit of 5,22,635/- ascompared to 2,50,091/- of the previous year.

DIVIDENDYour Directors do not recommend any dividend for the year ended 31st March, 2012 and theavailable surplus be retained to strength the net worth of the company.

DIRECTORSShri Ashwani Kumar Bhat, retires by rotation at the ensuing Annual General Meeting andbeing eligible offer himself for reappointment. The Board recommends his re-appointment.

SHARE CAPITALThe Company has obtained shareholders approval through Postal Ballot dated 22.08.2012 toincrease in Authorized Share Capital of the company from 7.00 Crores to 25.00 Crores.

The Company has allotted 29,91,492 (Twenty Nine Lac Ninety One Thousand Four HundredNinety Two) equity shares of Rs. 10/- each at a premium of Rs 65/- per share dated03.09.2012 on preferential basis in compliance with the SEBI (ICDR) Regulations onpreferential issues.

AUDITORS REPORTThe notes to the account referred in the auditor’s report are self explanatory and need notany further comments.

AUDITORSThe Statutory Auditors M/s S. C. MAHESHWARI & ASSOCIATES, CHARTEREDACCOUNTANTS, Mumbai, hold office until the conclusion of the ensuing Annual GeneralMeeting and are eligible for reappointment as Auditors of the Company.

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Premier Capital Services Limited

COMPLIANCE CERTIFICATEThe company has obtained a compliance certificate under section 383(A)(1) of the Companies Act,1956 from Dinesh Kumar Gupta, Practicing Company Secretary, Indore (M.P.) is annexed to thisreport.

STOCK EXCHANGE LISTINGEquity Shares of the Company are listed on The Bombay Stock Exchange Ltd. The Company confirmsthat it has paid annual listing fees to the above Exchange for the year 2012-2013.

PUBLIC DEPOSITThe Company has not accepted any Deposit from the public within the meaning of Section58A of the Companies Act, 1956 and the rules made there under.

PERSONNELAt present there is no employee with the company to be reported under the provisions ofSection 217 (2A) of the Companies Act, 1956 read with the Companies (Particulars ofEmployees) Rules, 1975.

CONSERVATION OF ENERGY, TECHNOLOGY ABSORPTION1. Information in respect of Form `A' is –NIL-2. Information in respect of R & D and Technology absorption as required to be given is- NIL

FOREIGN EXCHANGE EARNINGS AND OUTGOForeign Exchange earned NilForeign Exchange used Nil

MANAGEMENT DISCUSSION AND ANALYSISAs per Clause 49 of the Listing Agreement with Stock Exchange, your company is required togive a note on management discussion and analysis with regard to company perception. Areport on the same is given separately as Annexure – “I”

CORPORATE GOVERANCEDuring the year, under review the Company is in the process of implementation of CorporateGovernance in accordance with the provisions of the Companies (Amendment) Act, 2000. Itis also finalizing the terms of reference and other matters relating to Audit Committee. Theother matter giving strength to the corporate Governance is also being reviewed/finalized bythe company in consultation with Auditors & Corporate experts.

The Company is finalizing its policy for corporate governance including constitution of AuditCommittee.

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Premier Capital Services Limited

DIRECTORS RESPONSIBILITY STATEMENT PURSUANT TO SECTION 217 (2AA) OF THECOMPANIES ACT, 1956

The Directors hereby confirm that:

1. In the preparation of the annual accounts, the applicable accounting standards hadbeen followed.

2. The Directors had selected such accounting policies and applied them consistently andmade judgments and estimates that are reasonable and prudent so as to give a true and fairview of the state of affairs of the Company as on March 31st, 2012 & Profit and Loss of theCompany for the year end on that date.

3. The Directors had taken proper and sufficient care for the maintenance of adequateaccounting records in accordance with the provisions of the Companies Act, 1956 forsafeguarding the assets of the Company and for preventing and detecting fraud and otherirregularities.

4. The Directors had prepared the Annual accounts on a going concern basis.

ACKNOWLEDGEMENT

Your Directors would like to express their grateful appreciation for assistance and co-operation received from Banks, Government Authorities, Investors, stock exchange, andMembers during the year under review. Your Directors also wish to place on record theirdeep sense of appreciation for the committed services of the Executives, staffs of theCompany.

FOR AND ON BEHALF OF THE BOARD

PLACE: IndoreDATE 03.09.2012 Sd/-

CHAIRMAN

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Premier Capital Services Limited

Annexure – “I” To The Directors’ Report Management Discussion and Analysis Report:

INDUSTRY STRUCTURE AND FINANCIAL ENVIROMENT:-

The company is primarily engaged in the business of services industry. Indian economy isestimated to grow by 6.9% in 2011-2012 as compared to at 8.6% in 2010-11 as per the advanceestimates put out by the central Statistics Office.

The discussion on the financial performance of the company is covered in the Director’s Report.

OUTLOOK:-With the improvement in economic activities your company is expected to increase thebusiness activities in future. With the government and RBI intervention, the inflationary trendsare under control and credit delivery is fast improving.

OPPORTUNITIES & THREATS:The company is totally relied on financial business, presently it is very difficult to compete inthe market. The company is facing tight competition from big organization having wide networkand sound financial conditions.

RISKS & CONCERNS:The Company is exposed to normal industry risks which it shall try to tackle by adoptingprudent and comprehensive business policies. The primary risk for financial company is rapidand large shifts in exchange rates and uncertainty over interest rates besides tough competitionprevailing in the market.

INTERNAL CONTROL SYSTEMS AND THEIR ADEQUACY:The Company has adequate internal control procedure commensurate with its size and natureof the business. The system is supplemented by regular reviews by management and welldocumented policies and guidelines to ensure reliability of financial and all other records toprepare financial and all other records to prepare financial statements. The companycontinuously upgrades these systems in line with best accounting practices. The company isbenefited from having a team of professionals as promoter and independent directors who arecapable of exercising various check and controls effectively.

HUMAN RESOURCES:The Company assigns a great deal of importance to its human resources. Industrial relation withthe employees remained cordial during the year. The company is deriving maximum outputfrom the existing employees through motivation. The Directors wish to acknowledge thecontribution of all employees in raising the performance of the Company.

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DINESH KUMAR GUPTAPRACTICING COMPANY SECRETARYC.P. NO. 4715

COMPLIANCE CERTIFICATE

CIN: L65920MH1983PLC030629ToThe MembersPREMIER CAPITAL SERVICES LIMITED4, Bhima Vaitarana complex,Sir Pochkhanwala Road, WorliMUMBAI, (MH)

I have examined the registers, records, books and papers of PREMIER CAPITAL SERVICES LIMITED(the Company) as required to be maintained under the Companies Act, 1956 (the Act) and the rulesmade thereunder and also the provisions contained in the Memorandum and Articles ofAssociation of the Company for the financial year ended on 31st March, 2012 (01.04.2011 to31.03.2012). In my opinion and to the best of my information and according, to the examinationscarried out by me and explanations furnished to me by the Company, its Directors, officers andagents, I certify that in respect of the aforesaid financial year:

1. The Company has kept and maintained all registers as stated in Annexure `A’ to this certificate,as per the provisions of the Act and the Rules made there under and all entries therein have beenduly recorded.

2. The Company has duly filed the forms and returns as stated in Annexure `B’ to this certificate,with the Registrar of Companies/Regional Director/Central Government/Company Law Board orother authorities within the time prescribed under the Act and the rules made thereunder.

3. The Company being a Public Limited Company comments are not required.

4. The Board of Directors duly met Ten (10) times in the year in respect of which proper noticeswere given and the proceedings were properly recorded and signed in the Minutes bookmaintained for the purpose.

5. The Company has closed its Register of Members from 22nd Sept, 2011 to 30th Sept, 2011 (Bothdays inclusive). and necessary compliance of section 154 of Act has been made.

6. The Annual General Meeting for the financial year ended on 31st March, 2011 was held on 30th

September, 2011 after giving due notice to the members and the resolutions passed thereat wereduly recorded in the minutes book maintained for the purpose.

7. No Extra Ordinary General Meeting was held during the financial year

8. The Company has not advanced any loan to its Directors or persons or firms or companiesreferred to under section 295 of the Act.

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PREMIER CAPITAL SERVICES LIMITED 2011-12

9. As explained to me, the Company has not entered into any contracts falling within the purviewof section 297 of the Act.

10. The Company has made necessary entries in the register maintained under section 301 of theAct.

11. As there was no instance falling within the purview of section 314 of the Act, the Company hasnot obtained any approvals from the Board of Directors, Members or Central Government as thecase may be.

12. The Company has not issued any duplicate share certificates during the financial year.

13. The Company:i. has delivered all Share certificates after transfer/transmission/consolidation in

accordance with the provisions of the Act and there was no allotment of securitiesduring the financial year.

ii. has not deposited any amount in a separate Bank account as no dividend was declaredduring the financial year.

iii. has not required to post warrants to any member of the Company as no dividend wasdeclared during the financial year.

iv. has not required to transfer the amount in unpaid dividend account, application moneydue for refund, matured deposits, matured Debentures and the interest accruedthereon which have remained unclaimed or unpaid for a period of seven years toInvestor Education and Protection Fund.

v. has duly complied with the requirements of section 217 of the Act.

14. The Board of Directors of the Company is duly constituted and there was no appointment ofdirectors, additional Directors, alternate directors and directors to fill casual vacancy during thefinancial year.

15. The Company has not appointed any Managing director/Whole-time Director/Manager duringthe financial year.

16. The Company has not appointed any sole selling agents during the financial year.

17. The Company was not required to obtain any approvals of the Central Government, CompanyLaw Board, Regional Director, Registrar or such other authorities as may be prescribed under thevarious provisions of the Act.

18. The Directors have disclosed their interest in other firms/companies to the Board of Directorspursuant to the provisions of the Act.

19. The Company has not issued any shares, debentures or other securities during the financialyear.

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PREMIER CAPITAL SERVICES LIMITED 2011-12

20. The Company has not bought back any Shares during the financial year.

21. There was no redemption of preference Shares or Debentures during the financial year.

22. There were no transactions necessitating the Company to keep in abeyance the rights todividend, rights Shares and bonus Shares pending registration of transfer of Shares.

23. As explained to me, the Company has not invited/accepted any deposits including anyunsecured loans falling within the purview of sections 58A of the Act during the financial year.

24. The amount borrowed by the Company from its Directors, members, public, financialinstitutions, banks and others during the financial year are within the borrowing limits of thecompany.

25. The Company has made Loans/Investments during the financial Year.

26. The Company has not altered the provisions of the Memorandum with respect of situation ofthe Company’s registered office from one state to another during the year under scrutiny.

27. The Company has not altered the provisions of the Memorandum with respect to the objects ofthe Company during the year under scrutiny.

28. The Company has not altered the provisions of the Memorandum with respect to name of theCompany during the year under scrutiny.

29. The Company has not altered the provisions of the Memorandum with respect to share capitalof 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 year, for offences under the Act.

32. The Company has not received any money as security from its employees during the financialyear.

33. The Company has not deducted any contribution towards Provident Fund during the financialyear.

Sd/-Indore, 03.09.2012

DINESH KUMAR GUPTAPracticing Company Secretary

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DINESH KUMAR GUPTAPRACTICING COMPANY SECRETARYC.P. NO. 4715

Annexure – ARegisters as Maintained by PREMIER CAPITAL SERVICES LIMITED------------------------------------------------------------------------------------------------------------------------------------------Sl. PARTICULARS UNDERNo. SECTION------------------------------------------------------------------------------------------------------------------------------------------1. Register of Members & Index 150 & 1512. Copies of Annual Return 1633. Minutes Books 1934. Books of Accounts 2095. Register of Contracts, Companies and firm

in which director are interested. 3016. Register of Directors etc. 3037. Register of Directors shareholdings 3078. Register of Investment 499. Register of share Transfer

Annexure –B

Forms and returns as filed by the Company with the Registrar of Companies, Regional Director, Central

Government or other authorities during the financial year ended on 31st

March, 2012.

Registrar of Companies, Mumbai (MH)Sl.No.

FormNo.

Particulars Date offilling

SRN Whetherfiled

withinprescribed

time

If delay infilling

whetherrequisite

additionalfee paid

1. Form 66 Compliance Certificate for the yearended 31.03.2011

23.10.2011 P74845975 Yes No

2. Form23AC &23ACA

Annual Accounts for the yearended 31.03.2011

24.12.2011 P83685511 Yes No

3. Form20B

Annual Return as on 30.09.2011 24.12.2011 P83685339 Yes No

4. Form 32 Confirmation of Directors 30.10.2011 B23722747 Yes No5. Form 18 Change in the Registered office of

the Company within Local Limits20.08.2011 B18585513 Yes No

Regional DirectorNIL

Central Government & other authoritiesNIL

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S.C.MAHESHWARI & ASSOCIATES 108, SAI DHAM, 1ST FLOOR,CHARTERED ACCOUNTANTS ZULELAL CHOWK, 90FT. ROAD,

OPP. PANCHOLI HOSPITAL,MUMBAI– 400 077.

AUDITOR’S REPORT

To,The Members ofPREMIER CAPITAL SERVICES LIMITED

1. We have audited the attached Balance Sheet of M/s. PREMIER CAPITAL SERVICES LIMITED as at31st March, 2012 and also the Profit and Loss Account of the Company for the Year ended on thatdate annexed there to. These financial statements are the responsibility of the Company’sManagement, Our responsibility is to express an opinion on these financial statements based onour 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 aboutwhether the financial statements are free of material misstatement. An audit includes examining ona test basis, evidence supporting the amounts and disclosures in the financial statements. An auditalso includes assessing the accounting principles used and significant estimates made bymanagement, as well as evaluating the overall financial statement presentation of the financialstatement. 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 ofIndia in terms of Section 227(4A) section 227 of the Companies Act, 1956. We enclose in theAnnexure a statement on the matters specified in paragraphs 4 and 5 of the said order in so far asthey are applicable to the company.

4. Further to our comments in the Annexure referred to in paragraph in (3), we state that :

(a) We have obtained all the information and explanations which to the best of our knowledgeand belief were necessary for the purpose of our audit.

(b) In our opinion, proper books of accounts are required by the law have been kept by thecompany, so far as appears from our examination of the books.

(c) The Balance Sheet and Profit and Loss Account dealt with by this report are in agreementwith the books of account.

(d) In our opinion, the Balance Sheet and Profit & Loss Account dealt with the report complywith the mandatory Accounting Standards referred to in sub-section (3C) of Section 211 ofthe Companies Act, 1956.

(e) On the basis of the written representation received from the Director’s and taken on recordby the Board of Directors, none of the directors is disqualified as on 31st March, 2012 from

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S.C.MAHESHWARI & ASSOCIATES 108, SAI DHAM, 1ST FLOOR,CHARTERED ACCOUNTANTS ZULELAL CHOWK, 90FT. ROAD,

OPP. PANCHOLI HOSPITAL,MUMBAI– 400 077.

being appointed as a directors in terms of clause (g) of sub-section (1) of section 274 of theCompanies Act 1956.

(f) In our opinion and to our best of our information and according to the explanation given tous, the Profit & Loss A/c. and Balance Sheet read together with other notes thereon inSchedule 16 give the information required by the Companies Act, 1956, in the manner sorequired and give a true and fair view in conformity with the accounting principles generallyaccepted in India.

(i) In case of Balance Sheet, of the state of affairs of the Company as at 31st March, 2012; and(ii) In the case of the Profit and Loss Account, of the Profit of the company for the year ended

31st March, 2012;(iii) In case of Cash Flow Statement, of the cash flow for the year ended 31st March, 2012

For S.C. MAHESHWARI & ASSOCIATESCHARTERED ACCOUNTANTS

PLACE : MUMBAI FRN : 105852WDATED : MAY 30, 2012

Sd/-S.C. MaheshwariProprietorM.No.9606

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S.C.MAHESHWARI & ASSOCIATES 108, SAI DHAM, 1ST FLOOR,CHARTERED ACCOUNTANTS ZULELAL CHOWK, 90FT. ROAD,

OPP. PANCHOLI HOSPITAL,MUMBAI– 400 077.

Annexure to the Auditors report of the even date to the members:

i) A) The company has maintained proper records to show full particulars including quantitativedetails & situation of its fixed assets.B) The fixed assets have been physically verified by the management during the year in ouropinion, the frequency of verification of the fixed assets by the management is reasonablehaving regard to the size of the company and the nature of the assets. The discrepanciesnoticed have been properly dealt with in the book of accounts.

ii) A) As informed to us, the inventory of the company is with depository participants. The periodicstatements of depository participants shows the stock lying with them on behalf of theCompany.B) In our opinion and according to the information and explanations given to us, the company ismaintaining proper record of inventory.

iii) As informed to us, during the year the company has not taken unsecured loan from the partiescovered in the Register maintained under section 301 of the Act.

iv) In our opinion according to the information and explanation given to us there are adequateinternal control procedure commensurate with the size of the company and the nature of itsbusiness with regard to purchase of inventory, fixed assets and for sale of goods. During thecourse of our audit, no major weakness has been noticed in the internal control.

v) A) Based on the audit procedures applied by us and according to the information andexplanation provided by the management, we are of the opinion that the transaction that needto be entered into the register maintained under section 301 of the Act have been properlyentered in the said register.B) In our opinion and according to the information and explanations given to us thetransactions entered in the registers maintained under section 301 and exceeding during theyear by Rupees five lakh in respect of each party have been made at prices which arereasonable having regard to the prevailing market prices at the relevant time.

vi) The company has not accepted any deposits from public.

vii) In our opinion, the company has an internal audit system, which is commensurate with its sizeand nature of its business.

viii) The Central Government has not prescribed maintenance of cost records under section209(1)(d) of the Companies Act, 1956 for the company.

ix) A) According to the information and explanation given to us the company is generally regular indepositing undisputed statutory dues including Income Tax, Service Tax, Excise Duty, Sales tax

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and any other statutory dues. There are no outstanding statutory dues for a period of morethan six month from the date they become payable.B) According to the information and explanation given to us the company has no disputed duesof sale tax/ income tax/ excise duty/ cess and and any other statutory dues.

x) The company has neither any accumulated losses at the end of the financial year nor hasincurred cash losses during the year.

xi) Based on our audit procedure and on the information and explanations by the management,the company has not defaulted in repayment of dues to any financial institution or bank.

xii) The Company has not given any guarantee for loans taken by others from bank or financialinstitution.

xiii) Based on our examination and according to the information and explanation given to us, thecompany has not granted loans and advances on the basis of security by way of pledge ofshares, debenture and other security.

xiv) The company is not a chit/nidhi/natural benefit fund/ society and clauses xii of the order is notapplicable.

xv) The company is dealing or trading in shares, securities, debentures. As informed to us thecompany will take up the process of NBFC.

xvi) The company has not taken any term loan during the year.

xvii) As company has not raised any short term borrowings/ loans, question of its use does not arise.

xviii) During the year, the company has not made any preferential allotment of share of parties andcompanies covered in the Register maintained under section 301 of the Act.

xix) The company did not have any outstanding debentures during the year.

xx) The company has not raised any money by public issues during the year.

xxi) Based on the audit procedures performed and information and explanation given to us by themanagement, we report that no fraud on or by the company had been noticed or reportedduring the course or our audit.

For S.C. MAHESHWARI & ASSOCIATESCHARTERED ACCOUNTANTS

PLACE : MUMBAI FRN : 105852WDATED : MAY 30, 2012

Sd/-S.C. MaheshwariProprietorM.No.9606

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M/S PREMIER CAPITAL SERVICES LIMITED

SCHEDULE FORMING PART OF BALANCE SHEET AS AT 31/03/2012NOTES FORMING PART OF THE ACCOUNTS

NOTE - 1

ACCOUNTING POLICIES:

1. Basis of Accounting:Financial statements are prepared under HISTORICAL COST CONVENTION going concern and on theACCRUAL BASIS and in accordance with the requirements of the COMPANIES ACT, 1956.

2. Balances:Balances of Sundry Debtors and Creditors are subject to confirmation.

3. Recognition of Income:Income from operation which comprises Financial Services / Brokerages / Commission is all accounted onaccrual basis. Interest income is recorded on time basis.

4. Inventory:Inventory of shares and stocks are valued at cost.

5. Taxation:Current Tax as per Income Tax Act, 1961 is considered. Deferred Tax is accounted as per the AccountingStandard (AS – 22) issued by The Institute of Chartered Accountants of India, whereby Deferred tax iscalculated on timing difference of Depreciation and is charges to Profit and Loss Account.

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PREMIER CAPITAL SERVICES LIMITEDBalance Sheet as at 31 March, 2012

Particulars NoteNo.

As at 31March,

2012

As at 31March,

2011` `

A EQUITY AND LIABILITIES

1 Shareholders’ funds

(a) Share capital 2 7,146,000.00 7,146,000.00

(b) Reserves and surplus 3 4,868,388.07 4,345,753.12

2 Non-current liabilities

(a) Long-term borrowings 4 - -

3 Current liabilities

(a) Short-term borrowings 5 34,600,000.00 -

(b) Trade payables 2,206.00 -

(c) Other current liabilities 6 71,130.00 48,183.00TOTAL 46,687,724.07 11,539,936.12

B ASSETS

1 Non-current assets

(a) Fixed assets - -

(b) Long-term loans and advances 7 1,052,360.00 952,896.00

(c) Non Current Investments 8 34,999,500.00 -

2 Current assets(a) Stock of Shares 9 10,111,947.77 -

(c) Trade receivables 10 478,464.90 -

(d) Cash and cash equivalents 11 45,451.40 10,587,040.12TOTAL 46,687,724.07 11,539,936.12

Summary of Significant accounting policies 1In terms of our report of even date attached.For S. C. Maheshwari & Associates For and on behalf of the Board of DirectorsChartered Accountants For Premier Capital Services LimitedFRN: 105852W

Sd/-S.C.Maheshwari Sd/- Sd/-Proprietor Director DirectorM.No. 009606

Place : MumbaiDate : May 30, 2012

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Premier Capital Services LimitedStatement of Profit and Loss for the year ended 31 March, 2012

Particulars NoteNo.

For the year ended31 March, 2012

For the year ended31 March, 2011

` `A CONTINUING OPERATIONS

1 Revenue from operations (gross) 12 997,396.31 -Less: Excise duty - -Revenue from operations (net) 997,396.31

2 Other income 13 85,870.20 794,948.803 Total revenue (1+2) 1,083,266.51 794,948.804 Expenses

(a) Employee benefits expense 14 83,720.00 60,000.00(b) Finance costs 15 50,170.56 5,930.23(c) Other expenses 16 208,828.00 361,478.00Total expenses 342,718.56 427,408.23

5 Profit / (Loss) before exceptional and extraordinaryitems and tax (3 - 4)

740,547.95 367,540.57

6 Exceptional items - -7 Profit / (Loss) before extraordinary items and tax (5 + 6) 740,547.95 367,540.578 Extraordinary Items - -9 Profit / (Loss) before tax (7 + 8) 740,547.95 367,540.57

10 Tax expense:(a) Current tax expense for current year 213,765.00 116,050.00(b) Deferred tax - -(c) Income Tax of Previous Years 4,148.00 1,400.00

217,913.00 117,450.0011 Profit / (Loss) from continuing operations (9 +10) 522,634.95 250,090.57B DISCONTINUING OPERATIONS12 Profit / (Loss) from discontinuing operations (before tax) - -13 Add / (Less): Tax expense of discontinuing operations - -14 Profit / (Loss) from discontinuing operations (12+13)

(After Tax)- -

15 TOTAL OPERATIONS16 Profit / (Loss) for the year (11 + 14) 522,634.95 250,090.5717 Earnings per equity share:- 17

1) Basic 0.73 0.352) Diluted 0.73 0.35

In terms of our report of even date attached.For S. C. Maheshwari & Associates For and on behalf of the Board of DirectorsChartered Accountants For Premier Capital Services LimitedFRN: 105852W

Sd/- Sd/- Sd/-

S.C. Maheshwari Director DirectorProprietorM.No. 009606Place : MumbaiDate : May 30, 2012

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Premier Capital Services Limited

Notes to Financial Statement for the year ended 31st March, 2012

Particulars As At 31-03-2012 As At 31-03-2011In Numbers Rs.in Lakhs In Numbers Rs.in Lakhs

EQUITY AND LIABILITIES

SHARE HOLDERS' FUNDS2 SHARE CAPITAL

Authorised

70,00,00,000 Equity Shares of Rs.10 Each 7,000,000 70,000,000 7,000,000 70,000,000

(31st March, 2011 :70,00,000 Equity shares of

Rs.10 each) 70,000,000 70,000,000

Issued7,14,600 Equity Shares of Rs.10 /-each 714,600 7,146,000 714,600 7,146,00031st March,2011: 7,14,600 Equity shares of 7,146,000 7,146,000

Rs. 10/-Each)Subscribed & fully paid up7,14,600 Equity Shares of Rs.10 /-each 714,600 7,146,000 714,600 7,146,00031st March,2011: 7,14,600 Equity shares of 7,146,000 7,146,000

Rs. 10/-Each)

A) Terms / Right attached to equity sharesThe Company has one class of issued shares referred to as equity shares having a par value Rs 10/-each.Holder ofequity shares is entitled to one vote per share. The dividend proposed by the board of directors, if any, issubjected tothe approval of shareholders in Annual General Meeting. In the event of liquidation of the Company the holderof theequity shares will be entitled to receive remaining assets of the Company after settlement of all preferentialamount.

The distribution will be in proportion to the number of equity shares held by the equity shareholders.

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B) Reconciliation of the number of Shares outstanding and the amount of Share Capital as at March 31, 2012.

and March31, 2012

Equity Shares (issued Capital ) As at 31-03-2012 As At 31-03-2011In Numbers Rs in Lakhs In Numbers Rs in Lakhs

Shares outstanding at the beginning ofthe year 714600 7146000 714600 7146000

Shares issued during the year 0 0 0 0Shares outstanding at the end of the year 714600 7146000 714600 7146000

C) Aggregate number of bonus shares issued, shares issued for consideration other than cash and shares bought back

during the period of five years immediately preceding the reporting date:

Equity Shares As at 31-03-2012 As at31-03-2011 As at 31-03-2010 As at 31-03-2009 As at 31-03-2008Fully paid up pursuant to contract (S) 0 0 0 0 0without payment being received in cash * 0 0 0 0 0

D) Details of Shareholders holding more than 5% shares in the Company:

Equity SharesSr.No Name of Shareholder As at 31 March 2012 As at 31 March 2011

No of Shares held % of Holding No of Shares held % of Holding1 Dalip Kumar 253485 35.47 253485 35.472 Manoj Kasliwal 126743 17.73 126743 17.733 Sharda Kasliwal 126742 17.73 126742 17.73

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A) GENERAL RESERVE :-As at 31-03-

2012As at 31-03-

2011Balance as per last Financial Statement 595662.55 595662.55Add /Less:- Balance transferred during the year 0.00 0.00Balance transferred to Balance Sheet 595662.55 595662.55

B) CAPITAL RESERVEBalance as per last Financial Statement 3500000.00 3500000.00Add /Less:- Balance transferred during the year 0.00 0.00Balance transferred to Balance Sheet 3500000.00 3500000.00

C) PROFIT AND LOSS ACCOUNT :-Balance as per last Financial Statement 250090.57 0.00Add:- Profit for the year 522634.95 250090.57Balance transferred to Balance Sheet 772725.52 250090.57

TOTAL 4868388.07 4345753.12

4) LONG TERM BORROWINGSNon-Current Portion Current Maturities

Particulars As At 31-03-2012 As At 31-03-11 As At 31-03-2012 As At 31-03-11

Secured

Unsecured

0.00 0.00 0.00 0.00Amount disclosed under the head"other

Current Liabilities-Current maturities of 0.00 0.00 0.00 0.00Long term debt" (Note Not 06)

0.00 0.00 0.00 0.00Net Amount 0.00 0.00 0.00 0.00

1) In the opinion of the Directors' Current Assets, Loans and Advances ,If realized in ordinary course of theBusiness has on realization at least the value at which they are stated in the Balance Sheet.

2) Number of employees in respect of remuneration of Rs. 24,00,000/-P.A. or more if employed throughoutthe financial year ( or Rs.2,00,000/-If employed for the part of the period) is Nil.

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Particulars As At 31-03-2012 As At 31-03-11

5 SHORT TERM BORROWINGS

Unsecured

a) Inter Corporate Deposits 34600000.0034600000.00 0.00

Total 34600000.00 0.00

6 OTHER CURRENT LIABILITIES

Particulars As at 31-03-2012 As at 31-03-2011

a) Current maturities of long-term debt 0.00 0.00

(refer note no.4" Long-term borrowing ") 0.00 0.00

b) Accrued salaries and benefit 0.00 0.00c) Amount payable to related parties

(Companies) 0.00 0.00

d) Interest accrued but not due on fixed Deposits 0.00 0.00

e) Interest accrued and due on borrowings 43788.00 0.00f) Advance received from Customers 0.00 0.00

g) Statutory dues 4870.00 27153.00h) Provision for expenses 22472.00 21030.00Total Amount 71130.00 48183.00

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Premier Capital Services Limited

Notes to Financial Statement for the year ended 31st March, 2012

As at 31-03-2012 As at 31-03-2012 As At 31-03-2011 As At 31-03-2011

NON CURRETN ASSETS7) LONG TERM LOANS AND ADVANCESA) Other Loans & AdvancesUnsecured, Considered Good

Krishna Kripa Holdings Pvt Ltd 350,000.00 350,000.00

Tax Payments pending Adjustment 702,360.00 602,896.00

1,052,360.00 952,896.00

Total 1,052,360.00 952,896.00

8) NON CURRENT INVESTMENTSNon-Trade Investments (valued at cost unless statedotherwise)Investment in Equity Instruments (Unquoted)

66665 Shares Pumarth Properties & Holdings Pvt Ltd 19,999,500.00 -

1500000 Shares Pumarth Meadows Private Limited 15,000,000.00 34,999,500.00 - -

Total 34,999,500.00 -

CURRENT ASSETS

9) STOCK OF SHARESCurrent Investments(valued at lower of cost and fairvalue unless stated otherwise)

1.2 Lac Shares Aqua Logistics Ltd (31/03/2011-Nil) 1,973,652.00 -0.65 Lac Shares Arihant Capital Markets Ltd (31/03/2011-Nil) 2,098,687.50 -0.82 Lac Shares Entegra Ltd (31/03/2011-Nil) 2,010,640.00 -12800 Shares Neha International Limited (31/03/2011-Nil) 2,027,466.14 -57102 Shares Sujana Towers Limited (31/03/2011-Nil) 2,001,502.13 10,111,947.77 - -

Total 10,111,947.77 -

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28

As at 31-03-2012 As at 31-03-2012 As At 31-03-2011 As At 31-03-2011

10) TRADE RECEIVABLESTrade receivables outstanding for a period less

thansix months from the date they are due for

paymentunsecured, considered good

Pumarth Credit & Capital Ltd 478,464.90 -

478,464.90 -

Total 478,464.90 -

11)CASH AND CASH EQUIVALENTS

A) Cash in Hand 13,976.00 13,976.00 7,581.00 7,581.00B) Balance with Banks

In Current Accounts 31,475.40 444,898.32

In Deposit Accounts - 31,475.40 10,134,560.80 10,579,459.12

Total 45,451.40 10,587,040.12

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Premier Capital Services Limited

Notes to Financial Statement for the year ended 31st March, 2012

Year Ended 31-03-2012 Year Ended 31-03-2012 Year ended 31-03-2011 Year ended 31-03-2011

12) REVENUE FROM OPERATIONS:-

Revenue from OperationsOther - Trading in Equity Shares 997,396.31 -Revenue from Operations (Gross) 997,396.31 -Less:- Excise Duty - -Revenue from Operations (Net) 997,396.31 -

13) OTHER INCOME

Interest income on Security Deposit 37,120.20 794,948.80Dividend Receipt 48,750.00 -

85,870.20 794,948.801,083,266.51 794,948.80

14) EMPLOYEE BENEFITS EXPENSESYear Ended31-03-2012

Year ended31-03-2011

Employee Benefits Expensea) Salaries ,Wages and Bonus 83,720.00 60,000.00

b) Contribution to -Provident and other fund - -c) Gratuity fund Remuneration - -

d) Managerial Remuneration - -e) Staff welfare expenses - -Total Amt 83,720.00 60,000.00

Year Ended 31-03-2012 Year ended 31-03-2011

15) FINANCE COSTInterest Expenses 48,658.00 -

Bank Charges 1,512.56 5,930.23

Other Borrowing Costs - -

50,170.56 5,930.23

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30

Year Ended31-03-2012

Year ended31-03-2011

16) OTHER EXPENSESPrinting & Stationery 15,105.00 -Postage and Telegram 10,665.00 -BSE Annual Fees 16,545.00 -NSDL Annual Fees 6,618.00 6,618.00Listing Fees - 11,030.00Paid to Exchange for regularize - 200,000.00Demat Charges 2,205.00 43,017.00ROC Filing Fees 4,000.00 -Telephone 2,840.00 10,522.00Travelling & Conveyance 19,995.00 -Advertisement ,Publicity & Sales Promotion 29,724.00 8,660.00Registration/ Listing & Filing Fees - 2,530.00Share Registrar Expenses 31,084.00 -Professional Charges 47,575.00 67,619.00Auditors Remuneration 22,472.00 11,030.00Misc Charges - 452.00Total amount 208,828.00 361,478.00

Payments to the Auditor asa) For Statutory Audit 16,854.00 11,030.00b) For Taxation Matters 5,618.00 -c) Reimbursement of Expenses - -d) For other Services - -Total Amount 22,472.00 11,030.00

17) EARNINGS PER SHAREProfit / Loss after taxation as perProfit & Loss Account 522,634.95 250,090.57Number of equity shares outstanding 714,600.00 714,600.00Basic & Diluted Earnings per share in rupee 0.73 0.35(Face value of ` 10 Per shares )

Page 31: 29th Annual Report 2011-12 PREMIER CAPITAL SERVICES LIMITED€¦ · Premier Capital Services Limited NOTICE Notice is hereby given that the 29th ANNUAL GENERAL MEETING of the Members

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OTHER NOTES TO ACCOUNTS

18) The Balance in parties accounts are subject to confirmation and reconciliation , if any. In the opinion of themanagement all current assets including sundry debtors and loans and advances in the normal

course of business would realize the value at least to the extent stated in the Balance sheet.

19) Micro, Small and Medium EnterprisesThe company is in process of identifying the parties who are covered under Micro, Small and Medium Enterprises.

20) As notified by Ministry of Corporate Affairs, Revises Schedule VI under the Companies Act,1956 is applicable tothe Financial Statement for the financial year commencing on or after 1st April,2011. Accordingly, the Financial Statementfor the year ended March 31,2012 are prepared in accordance with the Revised Schedule VI. The amounts and disclosuresincluded in the financial statement of the previous year have been reclassified to conform to the requirements of RevisedSchedule VI.

21) The Company has only one reportable business segment namely Trading in Shares

22) CONTINGENT LIABILITIES ( to the extent not provided for )As at 31-03-2012 As at 31-03-2011

a) Guarantee given by Bankers and outstanding - -

b) Estimated amount of contracts remaining to be executedon Capital Accounts and not Provided for (net after advance - -Payment )

c) Liability towards statutory taxes - -

23) RELATED PARTY DISCLOSURES ( As identified by the management and relied upon by Auditors )a) Name of related parties and nature of relationship where control exists are as under:-I) Associate Companies

Pumarth Meadows Private LimitedPumarth Properties & Holdings Private Limited

II) Key Management PersonnelDalip KumarManoj KasliwalSharda Kasliwal

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32

III) Relatives of Key Management Personnel

Transaction during the year with related parties / Key Management Personnel’s are NIL

Nature of TransactionsAssociate

CompaniesKey Management

Personnel

Investment in Equity Shares 34,999,500.00 -

2011-12 2010-11

24) Earning in Foreign Currency Nil Nil

Expenditure in Foreign Currency Nil Nil

In terms of our report of even date attached.For S. C. Maheshwari & Associates For and on behalf of the Board of Directors

Chartered Accountants For Premier Capital Services Limited

FRN: 105852W

Sd/- Sd/- Sd/-

S.C. Maheshwari Director Director

Proprietor

M.No. 009606

Place : Mumbai

Date : May 30, 2012

Page 33: 29th Annual Report 2011-12 PREMIER CAPITAL SERVICES LIMITED€¦ · Premier Capital Services Limited NOTICE Notice is hereby given that the 29th ANNUAL GENERAL MEETING of the Members

33

PREMIER CAPITAL SERVICES LIMITEDNOTES FORMING PART OF THE ACCOUNTS

(Continued)

Notes to Accounts :

1. Quantitative Details - Shares (Quantities in Numbers and Amount in Rupees)

RelianceIndustries

BajajAuto ltd.

SBI AquaLogisticsltd.

ArihantCapitalMarkets Ltd.

Entegra ltd. NehaInt. Ltd.

SujanaTowersLtd.

Opening Stock (Qty) - - - - - - - -(Amt) - - - - - - - -

Purchases (Qty) 2500 1000 3200 120000 65000 82000 12800 57102(Amt) 1852968.75 1344690.00 5911812.00 1973652.00 2098687.50 2010640.00 2027466.14 2001502.13

Sales (Qty) 2500 1000 3200 - - - - -(Amt) 1990000.00 1439765.00 6700548.25 - - - - -

Closing Stock (Qty) - - - 120000 65000 82000 12800 57102(Amt) - - - 1973652.00 2098687.50 2010640.00 2027466.14 2001502.13

2. Licensed Capacity and Installed Capacity N.A

3. Employee drawing Salary more that ` 2,00,000/- P.M or NilDuring the part of the period

Employee drawing Salary more than ` 24,00,000/- P.A Nil

Current Year Previous Year

4. Earnings in Foreign Exchange Nil Nil5. CIF Value of Imports Nil Nil6. Expenditure in Foreign Exchange Nil Nil7. Member of Non- Resident share holders Nil Nil8. Contingent Liability

a) Contingent Liability provided for on Nil NilCapital account

9. Auditors RemunerationAudit Fees (Including Service Tax) 22472/- 11030/-

10. Earnings per ShareNet Profit for the year : 522635 250091No. Of Shares : 714600 714600

Basic & Diluted Earnings Per Share : 0.73 0.35Book Value Per Shares : 65.23 16.08Face Value Per Share : 10.00 10.00

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34

PREMIER CAPITAL SERVICES LIMITED

11. The company is in the Business of investing in shares and has income from interest.The entire income /expenses pertain to that activity only, hence no separate report as required by AS-17“ Segment Reporting” are applicable.

12. RELATED PARTY DISCLOSURES

a) Key Managerial Persons :-1) Mr. Manoj Kasliwal2) Mrs. Sharda Kasliwal3) Mr. Dalip Kumar

b) Relative of Managerial Persons : - Nilc) Concerns in which Managerial Persons are interested :- Nil

Transaction with Related Partya) Key Management Persons - Nil (Previous Year : Nil)b) Relative of Key Management Persons - Salary Nil (Previous Year : Nil)c) Concerns in which Managerial Persons are interested :- Nil

13. Provision for TaxationIncome Tax 213765 116050

14. Previous year’s Figures

The figures of previous year have been recast, rearranged and regrouped wherever considered necessary.

Signatories to Schedules

For S.C. MAHESHWARI & ASSOCIATES For PREMIER CAPITAL SERVICES LTD.CHARTERED ACCOUNTANTSFRN: 105852W

Sd/- Sd/- Sd/-PROPRIETOR DIRECTOR DIRECTORM. No. 9606

PLACE: MUMBAI.DATED : May 30, 2012

Page 35: 29th Annual Report 2011-12 PREMIER CAPITAL SERVICES LIMITED€¦ · Premier Capital Services Limited NOTICE Notice is hereby given that the 29th ANNUAL GENERAL MEETING of the Members

35

PREMIER CAPITAL SERVICES LIMITEDCASH FLOW STATEMENT FOR THE YEAR ENDED 31ST MARCH, 2012

PARTICULARS 2011/2012 2010/2011(Rs. In Lacs) (Rs. In Lacs)

A Cash Flow from Operating Activities

'Net Profit before Tax 7.41 3.68Adjustment for :

'Depreciation 0.00 0.00

Preliminery Expenses Writtenoff 0.00 0.00

Profit/Loss on sales of Investments 0.00 0.00

'Dividend Income 0.00 0.00

'Interest Expenses 0.00 0.00'Operating Profit before Working Capital changes 7.41 3.68

Adjustment for :

'Trade & Other receivables 96.56 -15.71

'Inventories -350.00 17.72

'Trade Payable 0.25 -0.31'Cash generated from Operation -245.78 5.38

Less :'Taxes Paid 3.17 0.90

Net Cash from Operating Activities -248.95 4.48

B Cash Flow from Investing Activities

'Purchase of Fixed Assets / Capital Expenditure -101.12 0.00'Sale of fixed Assets 0.00 0.00'Purchase/ Sale of Investments 0.00 0.00'Profit on Sale of Investment 0.00 0.00'Dividend received 0.00 0.00

'Net Cash from Investing Activities -101.12 0.00

C Cash Flow from Financing Activities

Long Term Loan borrowings 0.00 0.00'Short Term Loan Repayment 346.00 -0.66'Dividend Paid'Interest Expenses 0.00 0.00

'Net Cash from Financing Activities 346.00 -0.66

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36

Net decrease in cash & cash Equivalents (A+B+C) -4.07 3.82

Opening Balance of Cash & Cash Equivalents 4.52 0.70

Closing Balance of Cash & Cash Equivalents 0.45 4.52

S.C MAHESHWARI & ASSOCIATESFor and on behalf of the Board ofDirectors

Chartered Accountants For Premier Capital Services LimitedFRN : 105852W

S.C. MaheshwariProprietorMembership No. 9606 Sd/- Sd/-

Director DirectorPlace : MumbaiDated : 30.05.2012

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37

Page 38: 29th Annual Report 2011-12 PREMIER CAPITAL SERVICES LIMITED€¦ · Premier Capital Services Limited NOTICE Notice is hereby given that the 29th ANNUAL GENERAL MEETING of the Members

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PREMIER CAPITAL SERVICES LIMITED

Regd Off: 4, Bhima Vaitarna Complex, Sir Pochkhanwala Road, Worli Mumbai (MH)

ATTENDANCE SLIP

PLEASE SIGH THIS ATTENDANCE SLIP AND HAND IT OVER AT THE ENTRANCE OF THE MEETING HALL

I hereby record my presence at the 29th Annual General Meeting of the Company held on 29th September, 2012 at 11.00 A.M. at 4,Bhima Vaitarna Complex, Sir Pochkhanwala Road, Worli Mumbai (MH).

Folio No. : ______________ Name of the Member __________DP-ID: ______________Client-ID: ______________No. of Shares held: ______________ Signature of the

Member or Proxy ___________***********************************************************************************************************

PREMIER CAPITAL SERVICES LIMITEDRegd Off: 4, Bhima Vaitarna Complex, Sir Pochkhanwala Road, Worli Mumbai (MH)

PROXY FORM(To be filled in and signed by the Shareholders)

I/We……………………………………………….resident/s of………….………………………………………… ……………………………… ………………in the districtof ……………………………………in the state of……………………………… being a shareholder/shareholders of Premier Capital ServicesLimited, hereby appoint Shri/Smt…………………………………………………………………………………………… resident of…………………………………………………………………in the district of …………………..in the state of ………………………….or failing him, Shri/Smt………………………resident of ……………………in the district of ………………………………..in the state of …………………………….as my/our proxyto vote for me/us and on my/our behalf at the 29th Annual General Meeting of the shareholders of Premier Capital ServicesLimited to be held on Saturday, the 29th September, 2012, at 11.00 A.M at 4, Bhima Vaitarna Complex, Sir Pochkhanwala Road,Worli Mumbai (MH)Signed this……………………day of………………………2012

Affix RevenueStamp andSign across

________________________ _______________________Signature of Proxy Signature of first named/

Sole shareholder

Name______________________________

Regd. Folio No.(if not Dematerialized)

DP ID No.Client ID No.(if Dematerialized)

No of Shares Held

Page 39: 29th Annual Report 2011-12 PREMIER CAPITAL SERVICES LIMITED€¦ · Premier Capital Services Limited NOTICE Notice is hereby given that the 29th ANNUAL GENERAL MEETING of the Members

39

BOOK POST

PRINTED MATTER

To,

If undelivered, please return to:

Premier Capital Services LimitedCorporate Office:

5/5-A, Navratan Baugh,Behind Vishesh Hospital,

Off. Geeta Bhawan Square,Indore (M.P.) – 452001

Email: [email protected]


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