"I& IProjects Lfd - CSE-India

"I& IProjects Lfd11, Jassal House,4-A, Auckland Square, Kolkata 700 0I7.lNDlA

, Ph : (91"33) 2283 3613, 2283 3614. Hottine : 91 33 S0gg2gg4 t Fax : 2283 J612, Enail : [email protected]

I'o,'l'he Sccretary,'I'he Calcutta Stock Exchange Association Ltd.7, Lyons llangc,Kolkata - 700 001 .

Dcar Sir'.

Sub. : ANNUAL REPORT 2009-2010.

S'c arc hclewith sending six copies of Annual report 2009-2010Sheel and Profit & Loss A/c for the year ended 31" Marcl-r 2010"Gcncral Meeting by the shareholders. held on 291h Septembcr.cnded on 31'r March 2010.

'l his is fbr I'our inlornation and record.

Yorus truly.FolT & I PRO.I!](]]'S L]'D.

{'<-t IVishnu Bal, ctii)ircclor

4r rr oC't oBER 2o lo.

consisting ol lJalanccas adoptecl in Annualfor thc llnancial vcal

.. ':-J

-Dlelp

ii

T & _I_ rBq,J_EeTS LII4ITED,

11, JASSAL HOUSE, 4A, AUCKALND SQUARE'KOLKATA - 7OO OL7

NOTICE OF ANNUAL GENERAL- MEETING

Noticc is hereby given that the Twenty-fifth Annual General l\4ccting of thc Mcmbcrs o{ 'l' & I

i'r,r;".t" Limited *i1l U" h.ta at its Registered Office at 1 1, .lassa1 1lousc, 4A Auckland Squarg,

KoikataTooolzonWcdnesdaythe2."g't'dayofSeptembcr,20lOatl'l.oOA.M.lotransactthcfoliowing business:

ORDINARY BUSINESS

1}Torcccivc,considerandadoptReportsoftheAuditorsandDircctorsandLheAuditedAccounts of thc Compzrny for the year ended 3 1st March' 20 1 0

2)Toappointai)ircctorinplaceofSriVishnuBahctiwhorctiresbyrotationand'bcing' ctigiUle, offers himself for re-appointment'

3) To appoint Auditors and to fix their remuneration'

For and on behalf of the Board of Directors

V'z-'tVishnu BahetiDirector

Place : Kolkata

Date : l"t September, 2O1O

1'hc Explanatory Statcmcnt pursuemtSpccial Busincss is annexcd hcreto.

2J

4l

3)

'l'hc Explanatory Statcmcnt pursuemt to Scction 173(2) of thc Companics Act' 1956 in rcspccl of

Spccial Busincss is annexcd hcreto.

A mcmbcr cntil]ed to attend and votc at this AlnuaL Gcncral Mccting may appoinl a proxy to

attcnd aLnd votc on a pott on t ls tefraf. A pro:ty necd not be a mcmbcr of thc Compeu'ry. Iloxies, in

ordertobeeffcctive,mustbedeposited..att}reRegisteredofficeoftheCompanynotiessthanf".ty eigft, Hours before the commencement of this AnnuzLl Gencral Mecting'

TheRegisterofMembersarrdShareTransferBooksoftheCompanywillbcclosedfrom23.dSeptemLer 2O1O to 29tb September' 2010 (both days inclusive)

Shareholders desiring arry information as regards the Accounts are requcstcd to write to the

co-p^r]y at an carly ilate io as to enable the Management to keep the inlormation rcady'

For and on behalf of the Board of Directors

y <-"tVishnu BahetiDirector

Place: Kolkata

Date: 1't SePtember 201O

', tI

T&IPROJECTSLIMITED

11, JASSAL HOUSE, 4A, AUCKALND SQUARE,KOLKATA _ 7OO OI7

DIRECTOR'S REPORT

Shareholders,Your l)ircclors havc plcasurc in submitting thc Auditcd I3alancc Shcr:1 of thi: Company ers a1.

3l"t March, 2010 and Profit & Loss Account for the vcar cndcd on {.hat dzrtc.

qa!44c!4l Results, Appropriation & Dividend

2009-10

Profit for the ycar 11,98,810Add ; Balancc B/F ars pcr last account 1,54,97,939

2()()a-o9

1 1 ,O9 ,223r ,43 ,88,7 16

13alancc {Cr.)

DIVIDEND

r,54,97 ,939

'lhe Directors do not recomrnend any dividend for the year and havc thought it lit to retainprofits lrrr meeting increased working capital requirements.

DEPOSITS

Thc Company has not accepted deposits from the public within the meaning of Scction 58A ofthc Companics Act, 1956 during the ycar.

DIRECTOR9

Sri Vishnu Bahcti, Dircctor of the Company retires by rotation at thc forl.hcoming ArrnualGcncral Mecting and being eligible offers hrmself for reappointmcnL.

AUDITORS

M/s. S. Bhansali & Associates, Chartered Accountants, will retire as Audilor of thc Company atthc forthcoming Annual ()eneral Mceting and being ehgible oller themselves for rcappo'intmont.'lhe Company has reccivcd from them the certificate of their eligibility for appointment asrcquirecl ll ls. 22al1B) of the Companics Act, 1956. Mcmbcrs arc rcclucstcd to appoint Audibrsand to fix thcir remuneratiorr.

PARTTCULARS OF EMPLOYEES U/S. 217(2A) OF THE COMPANTES ACT.

In ac<nrdancc with the requirements of Section 217 (2A) of thc Companies Act, 1956 it is statedthat no cmploycc o[ thc Company was in rcceipt of rcmuncration aggrcgating to lts. 6,00,000/-or morc for thc wl-role yc:rr and Rs. 50000/- or more per month for thc part of thc ycar.

Carricd to Balancc Slneel L,66,96,7 49

rl

RTICULARSWITHRE$EECTtoENESSiY,TElyNqI-oGY4'NDEoREIGNEXCHANGES|.

Informationrcgarcltngt:onsctwationolen(-'rgl'technoiogyabsorption'-ltrrcignt:xcharrgtr'arningsancl outgo as rcquircd to bc disckrsed rn tcrms of scctiirn 217(1){c) of thc cornp_anics Act' '1956

rt:aclrvithlhcCompanics(Disclosurcofparticularsintht:Rcportol}]oardoll)irt:ctors)Ru1r:s'1988 is anncxcd hcrcto and {brms part of Lhis report

D TRECTOI& RESPo I\I9!BILI1Y-SII4IE![EI{1

In accordancc with the provisions of Section 217 (2AA) of thc companics Act, 1956, I'our

l)irectors state:

(i) that in thc PrcP:ration of thcfollowed,

annual accounl s, thc applicabic slarrdards have bcen

{ir) that your Director's have selected srlch accountlng policles and applicd thcm consistently

andmadcjudgmentandestimatesthatarereasonablcar'rdprudcntsOaStogivcal.rueandfairvicu,ofthestateofaffairsoftheCompalyatthcendofthefinanciaiycarandofthc profit or loss ol the Company for that period'

iiii)thatyourDirectorshavetakenproperar-rdsufficientCaretothebestoftlrcirknowledgeandabilityforthemaintenanceofadequateaccountingrecorc]sinaccordanccwiththcprovisions of th:is Act for safeguarding the assets of your Company and for prevcnting and

dctecting fraud and other irregularities'

{iv) that your Directors have prepared the alnual accounts on a going eonecrn basis.

rNpqstlll4l, REAITIQNE

Thc Company maintained harmonious and cordial rclations

olficcrs u,hich enabled it to achicve better performance'rvith its workt:rs, supervisors and

AcxN,Qlvl,EpGEnAENl

Thcl)irectorsexprcssthelrgratitudetotheCompany'sBankers'various(]ovcrnmcntAge'ntics'i.r."tu-".. and Suppliers foith.i, assistance and co-operation extended 1o the Company

.I.}lc])jrcctorsalsotakcthisopportunitytothankthesharcholdcrsandothcrinvcstorsforthcconlidcnce reposed in the Company'

'lhc Board piaces on rccord its appreciation of the dccllcated scrvices rcndcred by thc

8".".,ti","*, S'taff an.1 Workers of the Company during the year'

For and on behalf of the Board of Directors-1

11 7 -tn l?

Place: KolkataDate: l't SePtember, 20L0

Vistrnu BatretiDirector

lF

(a) to (c)

(d)

4iNl{E;uBIt To Tgp BElABAQ!l THE DIREqToRS

Information untlcr Scction 217 (1){e) of the Compemics Act, 1865, rcacl u'ith ihc Companics

(I)isclosurc ol Particulars in thc Report o{ the Board of Directors) Itulcs, 2988.

A. coI{qE8r/aTION !F ENERGY

Ourindustryisnotcnergydominated'Howevcr'allcffortsarcmadotoutilizcarcmade to utilize power to the maximum extent.

The total energy consumptron and enerry consumptlon pcr unit oI production : N A'

B. IEA.HNoTG)LAESABEIIoN

Ilfforts being made in technologr absorption.

1. Specific Areas in which R & D is carried out by thc Company'

(i) Introduction of new raw materials to bring about cost reduction and flexibility inmaterial management.

(iil Modification in ltre cxisting products to improvc their opcrationa'l cffcctivcness

(ii')Developingnewmaterialsforteaprocessingsofarnotbeingmanufacturedbyus.

{i") Absorption of indigenous technologr.

(") Improvement in malufacturing process.

2. Bcncfits dcrived as a rcsult ofthe above R & D

(i) Quality of our products is improving constantly

(ii) New energy efficient products are being introduced by us'

(iit) Modif:ication of manufacturing facilities to improve productivrty'

3. Expcn44ule-on E-& D

This year there was not much of expenditure on R & D. H owevcr, in Lhc comlng ycars Llrtr

Company is planning to go in for Research & Developmcnt in a big way'

llfforts in bricf madc towardstcchnolo gy absorPtion, adoPtionand innovation

lmporled lechnologr imPorl rdover last five Ycars

Rcscarch & Dcvclopmcnt is constanLly cngagcd

in the developmcnt of in hou sc innovation and

also engagcs its attcntion towards absorptionof any idea coming from associatc tcchnocrat'

Not Applicable2.

c.

Thcre was neither earnrng nor expenditure in foreign currcncy during the year under rcferences'

For and on behalf of the Board of Directors

v ?-,hVishnu BahetiDirector

Place : Kolkata

Date : 1't SePtember, 2O1O

fr' t {'

$. Bhansali & AssociatesChartered Accountants

TFIE UEMEHRS OF T & I Prolects LI!4ITED

1. We have audited the attached Balance Sheet of T & I Projects Limited as at 31't March2010 and the Profii and Loss account for the year ended on that date annexed there to.These financjal statements are the responsibility of the Company's Management. Ourresponsibility is to express as opinion on these financial statements based on our audit.

2. We conducted our audit in accordance with the auditing standards generally accepted inIndia. Those standards require that we plan and perform the audit to obtain reasonableassurance about whether the financial statements are free of material misstatement. Anaudit includes examining the evidence supporting the amounts and disclosures in thefinancial statements. An audit also includes assessing the accounting principles used andsignificant estimates made by management as well as evaluating the overall financialstatement presentation. We believe that our audit provides a reasonable basis for ouropinion.

3. As required by Companies (Auditors Report) Order,2003 issued by Central Governmentof India in terms of sub-section (4A) of section 227 of lhe Companies Act 1956, we enclosein the Annexure a siatement on the matters specified in paragraph 4 and 5 of the saidOrder.

4(), "Aishwarya'

196, Thkwenkalasrvamy Road (West)

B.S. Puram, Coimbalore - 641 002

4. Further to our comi-rlents in the Annexure referred to above we report that:

i. we have obtained ail the information and explanations, which to theknowledge and belief were necessary for the purpose of our audit.

ii. in our opinion proper books of accounts as required by law have beenCompany so far as appears from our examination of those books.

Phone : 91-422-25M338 / 2541398

Website : www.bhansali.in

E"mail : [email protected]

best of our

kept by the

iii. the Balance Sheet and the Profit and Loss account dealt with by this report are inaqreement with the books cf account.

iv. in our opinion the Balance Sheet and Profit and Loss account dealt with by this reportcomply with the Acccunting Standards, to the extent applicable, referred to in section211(3) (c) of the Companies Act 1956.

v. On the basis of writien representations received from the Directors as on 31't March 2010and taken on record by the Board of Directors, we report that none of the Directors isdisqualified as on 31't March 2010 from being appointed as a Director in terms of section27 a(l) (S) of the Companies Act, 1956.

T&IProiectsLimited

vi. In our opinion and to the best of our information and according to the explanation given

to us, the said accounts read with the significant Accounting policies and notes thereon give

the information required by the Companies Act 1956, in manner so required and give a trueand fair view in conformity with the accounting principles generally accepted in India: -

S. Bhansali & AsociatesChartered Accountants

a.

b.

CoimbatoreDate: 3'd Aug 2010

40, "Aishwarya"'1 96, Thiruvenkataswamy Road West)R.S. Puram, Coimbatorc - 641 002

Phone : 91-422-2544338 / 2541398

Website : www.bhansali.in

E-mail : [email protected]

in case of the Balance Sheet of the state of affairs of the Company as on 31't March

2010;

in case of Profit and Loss Account of the Profit for the year ended on that date.

c, in case of the Cash Flow statement, of the cash flows for the year ended on thatdate.

for S, Bhansali & AssociatesChartered Accountants

P Rl."^*+\ ^Ju#,t

r"

en{rla u-ninsar-rProprietorM.No.27225FRN:004495

['1l' 't

S. Bhansali & Associates 40, "Aishwarya"

196, Thiruvenkalaswamy Road (West)

R,S. Puram, Coimbatore - 641 002

Phone : 91-422-2544338 / 2541398

Websile : www.bhansali.in

E-mail : conlact@ bhansali.inChartered Accountants

T&I Proiects Limited

Annexure referred to in Paraoraolr 3 of our reDort of even date:

1.a) The company has maintained proper records showing full particulars includingquantitative details and situation of Fixed Assets.

b) Some of the assets were physically verified during the year by the management in

accordance with the programme of verification, which in our opinion provides for physical

verification of all fixed assets at reasonable interval. According to information and

explanations given to us, no material discrepancies were noticed on such verification.

c) The company has not disposed off any substantial part of its assets during the year,

The disposal of such assets does not affect the status of the company as a going concern.

2. a) The inventory has been physically verified at reasonable intervals during the year by

the management. In our cpinion the frequency of verification is reasonable'

b) The procedures of physical verification of inventories followed by the management are

reasonable and adequate in relation to the size of the Company and nature of its business"

c) The company is maintaining proper records of inventory. No material discrepancy was

noticed on physical verification.

3.a) The Company has neither granteci or taken any loans, secured or unsecured to or fromcompanies, firms or other parties covered in the Register maintained under section 301 ofthe Companies Act 1956.

b) As the Company has not granted or taken any loans to or from companies, firms orother parties covered in the Register maintained under section 301 of the Companies Act

1956, in our opinion, the provisions of clauses (iii) (b), (c), (d), (e) (f) and (g) are nota pplicable.

4. In our opinlon and according to the information and explanations given to us, there are

adequate iniernal controls procedures commensurate with the size of the Company and thenature of its business with regard to purchases of inventory, fixed assets and with regard tothe sale of goods and services. Further, on the basis of our examination and according tothe information and explanation given to us, we have neither come across nor have been

informed of any instance of major weakness in the aforesaid internal control procedures.

5.a) In our opinion and according to the information and explanations given to us, theparticulars of contracts oi- arrangements referred in section 301 of the Companies Act 1956,

have been entered in to the register maintained under that section'

S. Bhansali & AssociatesChartered Accountants

40, "Aishwarya"

I96, Thiruvenkalaswamy Road (Wesl)

F.S. Puram, Coimbatore - 641 002

Phone : 91-422-25M338 / 2541398

Websile : www.bhansali.in

E-mail : [email protected]

Annexul€lefelred go in Faraqraph 3 of our reDort of eve

b) in our opinion and according to the information and explanations given to us thetransactions made in pursuance of contracts or arrangement entered in the Registermaintained under section 3C1 of ihe companies Act, 1956 and exceeding the value ofRs.5.00 lacs in respect of any party during the year have been made at Prices which arereasonable having regard to prevaillng market prices at the relevant time.

6. The Company has not accepted deposits from the public.

7. In our opinion and according to information and expla nations'given to us, the Companyhas as internal audit system commensurate with the size of the company and the nature ofits business.

8. The Company is not required to maintain cost records in pursuance of Section 209(1) (d)of the Cornpanies Act, 1956.

9. a) The Company is regular in depositing with appropriate authorities undisputed statutorydues like Employee's State Insurance, Provident Fund, Income Tax, Sales Tax, Wealth Tax,Service Tax, Customs Duty, Excise Duty and Cess and other statutory dues applicable to it.

b) According to explanations and information given to us no undisputed amount payable inrespect of Employee's State Insurance, Income Tax, Sales Tax, Wealth Tax, Service Tax,Customs Duty, Excise Duty and Cess were outstanding as at 3f i March 2010, for a periodof more than 6 months from the date on which they became payable.

c) The disputed statutory dues aggregating to Rs.11.12 lacs that have not been depositedon account of matters pending before appropriate appellate authorities are detailed below:

sl Name ofStatute

Nature-gfuEcg Forum wherethe dispute is

Dendinq

Amount in Rs.

1 Central Excise Act1944

Excise Duty and Penalty forfinancial years 1996-97 to1999-2000

Commissionerof CentralExcise(Aooeals )

6,L0,890/-

2 TNGST Act 1959 Sales Tax and Penalty forfinancial years 1999-2000 &2000-01

Sales TaxAppellateTribu nal

s,oo,677 /-

TO'rAL Lt.tL.507l-

10. The Company does not have any accumulated loss as at the end of the year. TheCompany has not incurred cash loss during the year and in the immediately precedingfinancial year.

11. ln our opinion and according to the information given to us, the Company has notdefaulted in repayment cf dues to its bank.

12. The Company has not granted any loans and advances on the basis of security by wayof pledge of shares, debentures and other securities.

t

T&IProieetsLimlEe!

Annexure referred to in Paraorcph 3 of our report of even date fcontd')

13. As the company is not a chit fund or a nidhi\mutual benefit fund\society, in our opinion,the provisions of clause 4(xiii) of the order is not applicable.

14. In our opinion and according to information given to us, the Company is not a trader ordealer in securities. The Company has invested surplus funds in marketable securities andmutual funds. According to the information and explanations given to us, proper recordshave been maintained of the transactions and contracts and timely entries have been madetherein. The investments in marketable securities and mutual funds have been held by theCompany in its own name.

15. According to iniormation and explanation given to us, the Company has not given anyguarantee for loans taken by others from banks or financial institutions.

16. The Company has not taken any term loans during the year and therefore theapplicability of such loans does not aiise.

17. According to information and explanation given to us and an overall examination of therecords of the Company, funds raised on short term basis have prima facie not been usedduring the year for long term investment.

18. The Company has not made any preferential allotment of shares during the year andaccordingly the question of the price being prejudicial to the interests of the Company doesnot arise.

$. Bhansali & AssociatesChartered Accountants

CoimbatoreDated: 3rd Aug 2010

40, "Aishwarya"

196, Thiruvenkataswamy Boad (West)

B.S. Puram, Coimbatore - 641 002

Phone : 91-422-2544338 / 2541398

Website : www.bhansali.in

E-mail : contact@ bhansali.in

19. The Company has not issued any debentures during the year.security or charge being created does not arise.

20. The company has not raised monies by way of public issueaccordingly the question of end use of monies raised does not arise.

21. To the best of our knowledge and belief and according toexplanation given to us, no fraud on or by the Company was noticedyear.

The question of any

during the year and

the information andor reported during the

for S.Bhansali & AssociatesCha rtered Accountants

3 [u,--rL -\lFrJ-yJ t' ,-PR1YA B-HANSALIPr&firietorM.No.27225FRN:004495

T&IPROJECTSLIMITMBALANCE SHEET AS AT 31"tMARCH 2O1O

Rs. Rs.

34,608,249(1)

11,258,7387 t4,443 17,973181

4i,703

Rs.

SOURCES OF FUNDS

Share Holders' FundShare Capital

LOAN FUNDSSecured Loan

UnSeculed Loan

Deferred Tax LiabilitY

Total

(2)(3)

FIXED ASSETSCross BlockLESS: Depreciation

InVestmenls

(4)

(5)

CURRENT ASS['TS, LOANS & ADVANCES

APPLICATION OF FUNDS

24,090,9159,884,215

6,737,4318,262,378

. s07,99122,232,125

3 8,169,5 89

2,897,242

d on behallofthe Boald

_3sj6s_ils_

't4"206,760

24,585,956

37,739,931

StockSundly Debtors

Cash & Bank Balances

Loans & Advances

Current LiabilitiesProvisions

Net Current Assets

Totrl

"As per our rePort of even date"

For S Bhansali & Associates

Chartered Accountants.? lt '*+- -lvY:1--'PRIY4IBHANSALIProprietorM.No.27225FRN : 00,1495

Place : Coimbatol e

Dated : 3r'd August 2010

(6)(7)(8)(e)

I,[,SS: CURRENT LIABILITIES & PROVISIONS( 10)

(1 1)

(102,266)

_2,o:!E_

41,066,83 1

(3,326,900)

i$:J-E-

s.umui" 31'r MARCH 2010 31'tMARCH 2009

-j2s2sD2-

3r,243,22811,252,998

19,990,230

33,337 ,169

7 ,021,48910,263,244

1t,322,71326,070,224

54,6'71,670

49,139,6946'240'242 55,379,936

Rs.

25,409,439

9,260,854184,443 10,045,297

1 l,080

t'

T&IPROJECTSLIMITDPROFIT & LOSS ACCOUNT FOR THE YEAR ENDED 31.t MARCH 2010

INCOME

Sales & Services (12) 102'934'733 91'455'179-

orher Income ( ll ) 1'832'352 . -lltu,'.',Joq'rbz'os: q8 121 4l6

LESS: EXPENDITURE

Mater ials & ut ites (14) 82,26r "747 79'182'251

sales & product Development ittj 1'469'687 !99'1:9

Establishment & Miscellaneous itui 4'816'819 5'87?'!91

personnel Expenses (17) 8'415'166 6J37 '13^0.

Repairs & Maintenance (18) ly?:: . 34q'584

Provision for Gratuity 2'0i3'000 ( -

Depreciation 1'368'783 ( 1'507 '617

Interest 1'452'638 \ 1'195'17^4^

Donation 204'000 -' 309'000

1n20555'z 96'050'113

Profit / (Loss) before Provisions & Appropriation 2'561"433 2'271"303

lncome Tax for earlier Years

Provision for Taxation

Income lax l'330'000 l'1:9'999

Fringe Benefit Tax - 98'000

Dere-rred rax Liabiriq , Asser ---rj*## -1##+Profit after Taxation

Add: Profit Brought Forward l5'4g7 'g3g 14'389'219

Amounr available lor Appropriation --:(.6"14' -++Z'?+

Barance carried ro Balance sheer ---mm.lC_ ___E%ql:-

Earnings per Shar e I21 1 12

Notes on Statement ofAccounts (19)For and on behalf ofthe Board

"As per our rePort of even date"

For S Bhansali & Associates

Chartered Accountants

SCHEDUI,E 31.. MAIICH 31.. MARCH

REF. 2010 2009

Rt Rs.

nt*ill-rb+

PRIYAUHANSALIProplictor M. No.27225

FRN : 004495

Place : Coimbatore

Dated : 3rd August 2010

T&IPROJECTSLIMITEDSCHEDULES FORMING PART OF THE BALANCE SHEET AS AT 3I.' MARCH 2O1O

,i

3t't MARCH 2o1o 31't MARCH 2oo9

1. SHAREHOLDERS'FL'NDAuthorised Capital10,00,000 (L.Y. i0,00,000) EquityShares ofRs.l0/- each

Issued. Subscribed & Paid up Capilal

9,91,150 Equity Shales ofRs.10/- each

fully paid up

Share Applicaion Money

RESERVES AND SURPLUSBalance brought forwardProfit and Loss Account

3. UNSECUREDLOANS(From Body Corporates)

Rs. Rs.

10,000,000 10,000,000

9,911,500 9,911,500

8,000,000

17,91 1 ,500 9,91 1,500

15,497,939 14,388,716

i,198,810 1,109,223

16,696,749 15,497,939

34,608,249 25,409,439

2. SECURED LOANSSrate Banl of India

On Cash Credit Account (Limit Rs.80 lacs) 8,375,791 8,607,354

Secured by hypothecation of Stocks &Debtors, Moveable Assets, Plant and

Machinery, Morlage of Land & Building.

The South Indian Bark LtdOn Cash Credit Account (Limit Rs.90 lacs) 8,532,487

Lifc Insurance Corpel4tieqqllqidgSecured by Keyman Policy 350,460 658,500

t7,258,138 9,260,8s4

714,443 784,443

__:i!!!. ___l]!143_

,'r, i

SCHEDULES FORMING PART OF THE BALANCE S}IEET AS AT 31.I MARCH 2O1O

SCHEDLII,E:4

FIXED ASStrTS

GROSS BLOCK DEPRECIATION NET BLOCK

COS]' ADDIT'ION DELITIO} COS'T

AS ON 2009 2010 2009-2010 AS ON

0r-04.09 31.03.10

UPTO FOII DIILETION TJP'I'O

31.03.09 TIIE 2009-2010 31.03.10

YEAR

VALUE VALUE

AS ON AS ON

3r.03.10 31.03.09

Rs. Rs. Rs. Rs. Rs. Rs. Rs. Rs. Rs. Rs.

a) AT KOLKATA

ruri\ rrtd I re.1 I 0 0 '184 r] aSro 41 0 462b1 215 262

OI]FICTi EQUIPA,{EN T 2095 0 0 2095 1629 6s 0 1694 401 466

TOTAL (a) 6936 0 0 6936 6208 112 0 6320 6t6 128

-) AT COIMBATORE

FACTORY LAND 220000 0 0 220000 0 0 0 0 220000 220000

IAND 4s4602t 112793 0 5058814 0 0 0 0 5058814 494602 t

L,AND AT KE]LA.LA 1362805 0 0 1362805 0 0 0 0 1362805 1362805

FACTORY BUILDING 6r:16550 463287i 0 10769423 2853587 332104 0 3185691 't583132 3282963

PI ANT & MACI'IINI]RY 6615231 2127454 0 8742685 3525232 128s08 0 4253740 448894s 3089999

craNuRA fOR 2',70087 0 0 270081 21't'789 '72'75 0 225064 45023 52298

I-'URN I ]'lJR I.] 805508 49900 0 855408 456596 64712 0 521308 334100 348912

VEIIICLE 2043400 51045 0 209444s 1s43552 132054 0 1675606 418839 499848

OFFICI] EQUIPMENT 183526 17888 0 20t411 101804 11s25 0 1 13329 88085 81122

)MPIfIER r0331 10 160300 0 1193410 928170 68633 0 997403 196001 104340

BOREWELL 56215 0 0 56215 22293 3392 0 25685 30s30 33922

AIRC]ONDfIIONIJ]t 93235 0 0 93235 38310 '1640 0 45950 47285 54925

190074 12828 0 202902 115449 1282'77F,I,F]CTRlIIC,\I]ON 318351 0 0 318351

I OIAL (b) ?.4084039 7152253 0 31236292 987800? 13686? I 0 11246678 19989614 14206032

TOTAL (:t + b) 24og0g'1s 1152253 0 31243228 9884215 1368783 0 112s2998 t9990230 14206760

AST YEAR 22291736 1924116 125477 240909'7 5 8487558 1507617 1i0960 9884215 r4206760 13804178

SCHEDULES FORMING PART OF THE BALANCE SHEET AS AT 31St MARCH 2O1O

5. INVESTMENfS (At Cost)

,iI

a) Fl,ouitv Shares (Fullv Paid Amount in Rs.

Name of the Securitl' Face

ValueAa at3110312010 As at 3l103/2009

No. of Shares Value No. of Shares Value

Adinath Textiles Limited

Amara Raja Batteries Limited

Associated Cement Company Limited

Axis Bank Ltd

Aztecsolt Limited

Benchmark Mutual Fund

Bharat Heavy Electric Limited

Cairn hdia Limited

Chaman Exports Limited

DLF Limited

Exide Industries Limited

Harig Crank Shafts Limited

Han'isons Malayalam Limited

Hindustan Development CorPn. Ltd

lldia Cements Limited

Jaiprakash Hydro-Power Limited

Jaypee Hotels Limited

Larsen & Toubro Limited

Mahindra & Mahindra

Mangalore Refinely Petrochem Ltd

Mclod Russel India Limited

Petronet Limited

Reliance Industries Limited

Reliance Petroleum Limited

Sathyarn Computes Limited

South Indian Bank Limited

I atl Con.ultanct Serr ices Limited

Tata Steel Limited

The Federal Bank Limited

T&lGlobalLimitedI

lTitan Industries Limited

i02

10

10

1

10

10

10

10

2

10

l010

10

10

2

10

10

10

10

10

2

10

10

10

1

i2

10

10

10

100

750

i 580

3000

r1746

14

4300

593190

400

100

745

400

285 8

7319s

7522

220

500

s28

I 500

867

_,623

503,121

85 8,793

2,204,376

851,960

) )00

53,760

26,640

2,500

1,63 1 ,895

892,725

330,678

1,807,126

s 950

1,113,173

6,782,492

736,583

100

5 500

1000

1000

15

400

1319s

765

220

500

528

1500

10000

100

750

3500

500

10000

1985

1200

14

4300

1500

593 190

200

2,500

626"258

850,873

80,560

17,769

503.121

2,204,3'76

696,359

) )oo

53,760

26,640

38r,717

933,861

2,500

1 .631 .895

294,529

45,880

605,471

3,693,764

320,742

5 q50

1 ,113,t73517,835

6,782,492)1) ))\

Total 18,674,095 21,606,456

SCHEDI.rLE,S FORffiHF,ITT AS AT 3lst MARCH 2010

. (Amount in Rs )b) Investments in Mutual Funds

As at 31/03/2009Aa at 31/03/2010

Name of the ColnPauv No. of UnitsNo. of Units50,00050,000

100,0q0

200,00050,000

150,000

7s0,000100,00050.000

393,00050,000

100.000

4889.97 6

5 3S3.3 3 6

1417.63619559.902

5000.000

14669.927

13559.93 5

9719.9514889.916

23441.1355000.0009779.952

84,15780.922

r27,075200,000

50,000

150,000750,000

100,00050,000

484,42050,000

7546. 100

7034.8721625.461

19559.9025000.000

14669.92',7

13 5 59.93 5

9779.9514889.976

23441.1355000.000

9779.952

Rirla hdia Gen Next Fund

Birla ToP 100 Fund

Birla Sun Liie Equitl' Fund

Franklin India High Grou'th Fr'rnd

HDFC MidcaP OPPortunities Fund

J.M. Contra Fund

Reliance Growth Fund

Reliance Natural Resources Fund

Standard Charlered Mutual Fund

Std. Charlered Premier Equity Fund

Sundalan'r BNP Paribas

Amount in Rs.I lnnrrnfc.l

As at l1/03/2010 As at 31/03/2009Name olthe SecurttY

T&IGlobalLrmitedVidyog Properties Private Limited

Teakralts India Private Limiled

Bihar Casting' Privrre L im itedn^1"-,1 Dl.cti.e Privrle T,inrited

Face

Value-- t0

10

100

100

100

No. of Shares Value No. of Shares Value

575004900

400

1000

10000

74'/,50049,000

40,000

100,0001 1 .500.000

57500

4900400

1000

747,50049,000

40,000

100,000

936,50012,436,500lTnta I

ITotal (t+br c)24,585,95633,337,169

IFEut" Book Valut - Qu-ot"d

egregat* Ntatket Yaluc - Quoled

20,900,669 23,649,456

20,899,424 15,169,104

investments were urchased and sold the financial

n"-" ofth. Coo'p"nY No' ofsharglN;"

"f th. C"rnPanY No' of Shares

Hero Honda6664011o Tvres Limited

Hitrdolco Industries Ltd14000Antech LimitedIFCI Limited

Aris Ban-k Linrited )) tv "-

- 750

lnfosvs'l echnologies Limited ' '

400BHEL LimitedMahindra & MahindrcGPetlonet Limited

r llJnSree Renuka Induslrtes Lllnlleo 1:l i-

uri.r B""k- 26560Sathr am Comptllers Linltied ----

1532qSouth lrrdian Bank Lllnlled

-

1300Textiles Limitedi

Tata Steel Limiledffi 75"il{rIJ iteeh ltrduslrtes I llll lleu

3f i MARCH 2010 31't MARCH 2009

Rs. Rs.

6, STOCKS

Rarv MaterialsWork-in-Progress

4,007.189

3,014,300

3,653,637

3,083,800

__l_,nL482_ 6,737,43'7

1. SI]NDRY DEBTORS(Unsecured & Considered good)

Over six months

Within six months

5,575,1504,688,094

3,626,7384,635,640

r0,263,244 8,262,378

8. CASH&BANKBALANCECash in Hand

Balance with Scheduled BanlsIn Current AccountIn Term Deposit

1 15,348

244,084

10,963,281

303,648

204,343

11,322,713 507,991

T&IPROJECTSLIMITDSCHEDULES FORMING I'ART OF THE BALANCE SHEET AS AT 3I"t MARCH 2O1O

SCHEDUI-ES FORMING PART OF THB BALANCE SHF],ET AS AT 31"t MARCH 2OIO

Jl" MARCH 2010 3l't MARCH 2oo9Rs-

9. LOANS&ADVANCESLoans to Body Corpela1eEConsidered Good - UnsecuredConsidered Doubtful

Advance recoverable in cash or in kindor for yalue to be received(Unsecured & Considered good)Business AdvanceAdvance to StaffOther AdvancesDepositsHxcise DutyInput Tax CreditAdvance Income TaxTax Deducted at Source

^',ir ai.:ce Fringe Berrefit faxAdvance Wealth TaxPre-paid Expenses

1)741162,352,743 5,621,079

3,274,3362,352.743 5,627,079

3,379,238593,178567 1q0

6,362,646138,920

4,172,1012,844,1441,805,814

441,30397,48240,329

1,707,7661,603,819

o) ) )q05,015,493

qr1 1qq

2,535,4831,597,0001,688,141

479,417q1 49,)

36,696

26,070,224 )) )2) 1)\

10. CURRENT LIABILITIESSundry Creditors

Provisions for Expenses

Other LiabilitiesCustomer AdvanceStatutorv Liabilities

20,777,7933,726,861

24.551,31483,126

12,901,226

2,006,290

300,000

22,935,585

26,488

49,139,694 3 8,169,589

1 1. PROVISIONSProvisions for Income TaxProvisions for Fringe Benefit TaxProvisior.rs for Wealth TaxProvisions lor Gratuity

3,622,594510,148

94,5002,013,000

) )q, 5q4

510,148

94,s00

6,240,242 2,897,242

Sale of Products

LESS: Excise DutY

T&IPRO]ECTSLIMITM

106,900,3s74,434,867

SCHEDULES FORMING PART OF THE PROFIT & LOSS ACCOUNT FOR THE PERIOD ENDED 3l't MAR 2010

Rs.

104,235,2337,370,136

Rs.

13.

Labour & Service Charges

[TDS Rs.1,4271 (L.Y. Rs'8,870/-)]

OTHER INCOMEfr',t"r".t **"a [TDS Rs'51,476l- (L'Y'Rs 17'6611)]

Dividend earned

Rent received

Profit on Sale of Assets

Profit on Sale on Ilvestments

96,865,097590,682

9'.7.455^779._-':-+

85,728

236,798522,628

20,483

865,637

11,321,429

69,034,s99

80,356,028

220,327 \.

571,635 i:

6,298,888 "

82.261.147

628,328\)n)\5 .

333,810.a) 101

444,611

1.469,687

3,653,637

3,083,800 6,737,437

73,618,s9r

84,034570 q17

4,908,991

'79,182,553

276,987

27,362

230,289

35,000

317,712

888,3 s0

31" MARCH 2olo 31'r MARCH 2009

i4. MATERIALS & UTILITES

opslag $qskRaw Materials

Work in Progress

Add: Purchases

Raw materials

Less: Closing Stock

Raw MaterialsWork in Progress

Tools consumed

Power & Fuel

Additional Expenses or.r Vlaterials

Delivery & Forwarding

AdvertisementSales Promotion

Fluman Resource DeveloPment

Service & Installation ExPenses

1.02,465,490

469,243

516,710441,032

441,000

427,550

--1,8:2)s2

3,653,637

3,083,800

6,737,437

7 5,454,949

82,192,386

4,007,189

3,014,300 7,02r,4897s,r70,891'

5,393,169

5,928,260

102,914.73 3

T&IPROJECTSLIMITMiET}TJLESFORMINGPARTOFT}IEPROFIT&LOSSACCOUNTFORTHEPERIODENDED3I.tMAT{CH'

3l"i MARCH 2010 3t't MARCH 2oo9

Rs. Rs.

Travelling & Vehicle Maintenance

Rent

Rates & Taxes

Computer Maintenance

Insurance

Ar-rditors' RemunerationLegal & Professional Charges

Postage & TelePhone

Mess Expenses

Loss on Sale on Investments

Bank Charges

Filing & Listing fee

Watch & Ward

General ExPenses

1,311,648 i

1,334,475..69,833 i

122,770

687 ,656 r' .

69.264{125,241

406,722\:120,000

41,489

43,94932,540

451,232

1 (\) ?q4

978,50087,494

121.157

704,61469,781

103,137466,780105,000

1,231,08742,101

25,'760

3 85.900

4,816,819 5,879,605

17. PERSONNELEXPENSESSalaries & Allowances

Wages & AllowancesI'rovident Fund & ESI

Bonus

Staff Welfale

GratuityEx-gratia

5,050,866985,362

611,371

348,751

467,s18?51 ?09

698,689

@,

4,304,918

768,3'/2528,331)qq )10

440,530

s0,000

346,449

@

18. REPAIRS & MAINTENANCEMachineryBuildingOthers

74377 :

43,053 I

85,782

202,28428,370

1 18,930

)n1t1? 349,584

I] ASI S OF' PI{E PA ILATION OF FINANCIAL STAT EMDNTS :

The 11.ra'cial slarelrlents h"r" ;;;;;;ed undef the historical cost conventiorl in accord.nce rvith

the generalll' accepted accounting principles antl according to the provisions of the Companies Act'

EDUI-E 19 OF NOTES ON TH!] SIATEMENT OF ACCOLINTS FOR TIIE PERIOI) ENDED 31.' MARCI{ 201O

i of Rs.1.00.000/- as security deposit'agatllst Payment or l1s. 1,vu. in Rs.

1998-99 1999-2000 Total1996-97 t991-98

34282 85359 94239 227873Duty 1 3993

383017Per.ralty tbr' 4 1'ear 6tuu9uTotal

i 956 as adoptecl coltsistently by the Company'

ii) FIXED ASSETS AND DEPRECIATION:

a) Fixed Assets are staled a1 cost

b)Expendinrreincurredinthecourseofconstructions'ir.Lstallation&commissioningofpropefly,PlantorEcluipnrentarecapitalisedandincludedinthecostofrespectiveFixedAssets.

c) Depreciation i, "1lu,g"d

ut"ut"s applicable under Sciredule XIV ofthe Companies Act' 1956

onWritterrdownvaluebasisatpro-ratabasisfronthedateonwhichtheassetwasputtouse.

iii) INVBNTOTTIES:a) Raw materials and stores are generally valued at purchase price determined on fit'st in first out

(FIFO) method.

b)Firrishedgoo(isandTladinggoodsarer'aluedatcostorrealisablevaluewhichevelislower'c) Wor k-in-progr"s, i, uot'"d"ol estimated cost upto the stage of which it is completed'

ir ) REVENUE RECOGNITIoN:a) Sales are recognised on p^"ing ofright ofproperty in goods and are recorded net oftrade

discount. rebates, VAT/CS'I' and Excise duty

b)AlllncomeandExpendilureitcnrshavirrgamaterialbearir-rgorrthefinancialstatementsalerucogn ised on rccurrl brsis'

c)Dir'idendincomeoninvestmentsisaccountedlbr,rvlrenthefighttoreceir'ethepaymentisestablished.

v) RESEARCH AND DEVELOFMENT: . in thF '.AResearch and Development cost ofrevenue nature is charged as an expenses in the yeai'ttt

whrch it is incurred

v1i) CONTINGtrNT LIABILITTF]'S:

Contingent Liabilities to the extent not provided for:

a) Duty and penalty for the fbllowing tinancial vears nT,o'": o:1i1:1:i","ii:lll;1t#ii:"1'H.'iii:l l::ffiH#ft;;,;;;iili,", c"i,,u"-". rhe comp,ny has n'ed

T apTl]-:^"t::'n"

Commissioner of Centl'al Excise (Appeal)' Coimbatore against the above order' Hence' no

provision has been made f"r,h;;;;il liabilily. A stay-of collection olrhe same has been ohtaine

h) Tax & per.ralty for the following financiai years has been demanded vide OrderNo.l801556/99-00

dated 31.08.2001 and 1801556/00-01 dated 28.03.2002 by 'l'he f-'ommelcial Tax Officer'"

Podalur Circle. Cointbatore. The cornpany haLi filcd an appeal befor-e The Additional Appellate

Assistant Contmissioner (CT). Coinbatole against thc above oldet and the case rvas decided in

fayour o1'the Cor.lpanl and the demand rvas cancelled. Horvever" Thc Dy. Cotntnissioner (C'I)

Coimbatole has filed an appeal r.rdrich is yet to be decided by the The Sales I'ax Appellate Tribunal,

Coiml-.atore Bench.(Amount in Rs.)

Financial Year 1999-00 2000-01'I ar 106200 9873 8

Penalry 167630 128049

Total 273830 226787

r,ii) CENVATiSERVICE TAX:Excise cluty is accour.rted for as and when merchandise is cleared. CENVAT credit on materials

purchased / services availed for production / Input services are taken into account at the tine of purchase

CENVAT credit on purchase of capital items u'herever applicable are taken into account as and when

the assets are acquired. The CENVAT credit so takeu are utilised lor payn.rent ofExcise Duty on goods

manufactureci i Service tax on output services. The unutilised CENVAT credit is caried folward in the

books.

yiii) EMPLOYED BENEFITS:a) Short Terrn:Shori ieln: ernployee benefits (other than teminal benefits) ale charged of1'at the undiscounted amount

in tl.re year in rvhich the related sewice is rendered.

b; Port Rctirement:Post retirenrent benefits complise of Prol'ider.rt Fund and Gratuity rvl.rich are accounted as follorvs:

i) Provident Fund (Government PF): This is a defined contributior.r plan and contributions made to

the Fund are chargcd to Revenue. The Company has no further obligations fol future Provident

Fund benellis other than annual contributiot.ts.

ii) Gratuity Fund: Tl.ris is a def'rned contlibution plan. The Company makes annual contribution to

a gratuity fi-rnd adnrinsteled by Tata AIG lnsurance Co. Linted and Life Insurance Corporation oftncliaLimited.'l'l'reaccruedgratuityliabilityupto3lstMarch20l0isRs.20,l3,000lwhichhasbeen provrded duriug the year. The annual contribution is charged in Profit and l,oss acount.

c) Long Tcrm:Encasllrent olleave is paid annually and accounted ibr.

d) Delined Contribution Plan:Contribution to defined Contribution plan recognized and charsed otl tbr the vear as un

Parliculars 2009-2010 2008-2009

Employels Contribution to PF ar.rd Family Pension Fund 481 575 426215

Employers Contribution to Gratuity Fund 3s161 s0000

Leave cnoashmenl paid 9'7669 6288s

'fhe necessarrf inforrlation relaling to disclosrues as lequiled under'1he Accor"rnting Standald 15 on Empl

benefits is 1ot available. Hence, we are unable to colrlnent ofthe impaci ofthe samc on tltc assets / liabi

and tl.re plofit and loss account.

der:

: No1 aPPlicable

rx) INVESTMtrNTS:;;.;;;;;;"t" classified as long temr investnents and carded at cost'

r alue is not tecognized as the saile is cor.rsidered telnpor'u'\" '{n1 grrn

is dulv t'ecorded.

I h,t PAIIL&{IiNT OF- ASSETS: 'ne whether

At eactr Balance Shect clate' tl.tt """f ing t'ulttes^of the Lan9ibll assets i:ue revie\led to determl

there is ap1,indication ttrat ttrns" "sslt,

i]ave suffcrcd an lmpainoer]t loss' lf alry such inclication exists' tl

recoverable alnorlnt ol tl-te u..* i.lui,n*"a in order to cletermine th(r cxlent ofihe impainlLent ioss (if ar

Ilstrmated amount ol contract remaining to be executed on capilal accotlitt Rs Nil (L Y Rs Nil)

llte itr. reasc Jeirel>e In nldthc

or lctss ott sale ol such investmenl

X)

2.

i.

A. Licenced ancl lnstalled capacitl'

B. Actual Procluction: Tea N4achinery & Spares in dilTerent t-vpes & sizes

(ADrounr rn Rs )

2008-2009a I tln rro(tucrs2009-2

u;ul- atr-l-l010

ArnountItem DescriPtion

CTC N4achine

fca Dtyer .

lrerntetttirt g Mtrchinc

Heater

tlnit Qtr. Amount

Nos. 12 4s26996Nos. 73 9 7b50+6

37825144 Nos. 15 3403 6s 65Nos. 22

11 1)72140 Nos. t 5606000t\ os. 4

1 205 59700 Nos. t3 I tt3211660Nos. 14

1V 2.54339701 9 17073 8

9'1693968s7928191

IL'IATJ

@vearwassoldduringY(Ann nt ur Rs )

(Arrounl r Rs)

t'

D

Item DescriPtion

C]'C Machine

2009-2010

Itern DescriPtion7111:)J

8936906

TOTAL IC (A

,s CONSUIVIEX TNDT(lF"NOIJSConsunrPtion

Qty I ValueRAW MA T LT<TAI

Pu rc hases Closing stocl<

DescriPtion0Per

- a,)]Ling stock

Qty Valuc Qtv_ ValueVrlue

r97418 ?_788 Ri 1529

31067 2914 r 003 880 '11'l1f 02 l13caring 20E l0I l4l 7 3 08 86.31

.lq9b I q 126698 323i88.16 i I 70.0i)4441702

L-ort & steel 9358.33

2342 471 393

't 40

518119 359

101

:1-l9r1916409 '1s t 2 823t'le'rr box

3 826640 )1 l tqlql215916Motor

33 890601 t7871.112,12885 6 ?5101 397

Others 75454949..$0{}71E9

'l otal 3653637

EEIAIED PARTY TRANSAETIQNI

Related parly infcrrtlatiou as identified and celtified b1' the nranagement:

a) 'l he rela ted are:N:rme Nature of relationship

Sri. Sargeet Bagaria Director

Sri. Sajjan Bagaria Director

Sri. Vineet Bagaria Relative of Direqtor

Mrs. Seema Bagaria Relative of Director

M/s.T&IGlobalLimited Relative ofDirectorM/s. Teakrafts India Private Limited Relative of Director

N4/s. Dhanajay Properties Private Limited Relative of Director

M/s. Chaman Exports Limited Company in which Director is interested

M/s. Skrtouch Constructions Plivate Limited Company in which Director is interested

b) The Companv has the fo related party f ransirctions: Amount in Rs.

Nature of Transaction YearAssociates Key Management Personnel Relative to Kev Personnel

T & I Global

Lin'rited

Sangeet

Bagaria

Sajjan

Bagaria

VineetBagaria

Seema

Bagaria

Sale oi'Goods2009- 1 0 '72628350

2008-09 5243 8i 59

Purchase of Goods2009- 10 2608834

2008-09 3129510

Service received2009- I 0 441000

2008-09 522628

Service paid2009- 10 1295200 417000 328800

2008-09 847100 i 72000 240000

Debit tsalance2009- 1 0

2008-09

Credit Bahnce2009- 10 3547401 I 10400 22600

2008-09 299693 87400 22600

RENIUNEi{.,\TIONATIDITORS

Fii$itutorr AuliiFor l ar Audir

Service Tar

(Amoulrt in RsJ

6. l]* uit ^l"tinre Directot ^nno tnl(l 2008-2009

ffilro;nnn360000-ffi1et000595200

;i:ffil,fffllill;.,",,,'''.n,rv co r:isrs or nr turrcturing l; ';1,t,ii;: l::ni:il;ilil".''

""n"-..,r."*i. ;J,"oT"br' 1:i:l:::,'":l|;:5:il1:H.T:ffi;;iu-;'"

-co"aitions preva'ing' bein

substantial part of tl.Ie --l^Tr:"?:l:;;r"r", "r.

.-*tO.red necessarv'

uniform, no separale geogrlcol

DEFERRED TAXATION: ^ , r:r€-rah." is r.ecoqnized at the prevailing tax tates and tax lau'

Defer.red rax arising on account of timi.g diffetence 't '=t"T:"";t;;;;:i.l;"o"ning balance also

rrrai r,are been erractecl""u '"u1"'""'"i':?"""'1i' "" ,r':?:;fl:::f::1"1':"1'ffI]:; lX' u""'' ai"to

b<etl lcstatecl lt lhe cttrrcnt prerailirr3 tax rales Tlte net ol de

1.

8.

s EARNlrytligS Jr4Bg

10.

11.

12.

rhe compan-v has initiated the pr o'"" :l:o:1'::l^t :::il'il1];tl':t:J3Jffi]il"tl"ilil:frhe ( omprn\ ''i:'"'l'i',.u,lllT::ilItJ?::t-r:::ll'il:il:: ;;'.'.";; ln.'^::l:l:':"

and evjde

,'r. nt'.-- inlall ancl Mediun r -- .^ -,inrn rn\ali a'd lnediunl enterp"ises otltstaillg r' oni'. n".-- Snrarr ancl t'| "'i:l:Ii::':;:l;:J :;;;ri o,'o 'n.oiun' enterp"ises otttstaittg r' on

available lvith ComPanY' there

istered unt

3i st March 2010 -. .1- ^r ,-"^"^,iherl i' AS-i issr-re'

Cash Flot' Statenent has been prepared in::-:::lxnce rith the indirect method prescribed in

;;,il i;;,';,;;lcl'"'""'l Accounra'rs orIrtdta

SonreoftlresundryDebtorsincludeun-confirmedbalances..Ilowevel.intheopinlonofthelranagetlenlrre ar.nou'ts r,vould in the "ru,lt"llrl.-"r" ";;;ri".r.

be rerlized at the stated valr:e'

i 198810Fffi& Lost A""otttlt

fofit altor taxalion as 991 150991 150

Basic rnd dilutcd catntng I''' '

Figures for the previous years have been regrouped or reananged wherever found necessaly to make then

comparable rvith current year figures

Figures in the brackets indicate figures for the last year'

"As per our repofi of even date"

For S Bhansali & Associates

Chartered Accountants.

Date : 3rd August 2010

T&TPROJECTSI-IMITED

INFORMATION PURSUANT TO PART IV OF SCHEDULE VT @F

THE COMPANIES ACT, 1956

L Reoistration details

Registration No. : L2913OWB 1984P1-CO3a232 State code: 21"

Balance Sheet Date: 31.3.2010

IL Capital raised durinq the vear ( Rs. in 'ooos)

Pu blic lssueNIL

Rights issueN1L

Private placementNIL

Bon us issueNIL

Total Liabilities52

Total Assets625 52,625

Sou rces of funds

Paid up ca pital

19.990

Reserves and Surplus697

Share Application [4oneY8,000

L912

Secured Loans17 .259

Application of funds

Net fixed assets

Deferred Tax Liability44

16

Unsecured Loa ns774

Defered Tax Asset0

Net current assets-102

Investments337

M iscella neous expend itu reNII

Accu mulated LossNIL

T & PROJECTS LIMITED

BALANCE SHEET ABSTRACT AND COMPANY'S BUSINESS PROFILE- Contd..

IV. Performance of the Company (amount in '000s)

V. Generic names of the principal products and services of the Company(as per moneta ry terms)

Turnover/Income___19?€!!._

ProfitFfl€ssFbefore tax

2,567

Earning per share7.27

Item Code no.ITC (HS) Code

Product description -

For S, Bhansali & AssociatesChartered Accountants

!^,"* El',4-;nnr/a ea*n5ir-rPropbietorM No.27225FRN :000449S

Place: Coim batoreDated: 3rd Auqust 2010

Expend iture702.206

Profit/(loss)after tax1199

Dividend rate

84388040

Tea Leaf cutting or rolling machines

. T&IPRO]ECTSLIMITED

CASH FLOW STATEMENT FOR THE YEAR ENDED 31ST MAREFI.zQIO

Year ended3 Lst Mafch, 2010

Year ended3lst March, 2OO9

Rs. R.s.Rs.A) CASH FLOW FROI-I OPERATING ACTIVITIES

Net Profit before tax and extraord nary items

Rs.

2,56L,433

s,443,069

6,004302

4,a47 ,OBa10,8 51,590

(2,57 4,7 71)a,27 6,479

8,2?6,e?9

(7 ,r52,2s3)

( 8,7 51,213)576,174447 ,432

(r4,e3r].64l

( 7 0, ooo)8,0 0 0,000

7 ,997 ,aa41,549,623

---17,4??Fw

10,a14,722

507.99113

2,277,303

Adjustments for :

Loss/(Profit) on sale of AssetsLoss/(Profit) on sale of InvestmentProvision for GratuitYDepreciationI\4iscellanous expenditure W/OffInterest on borrowingInterest/Dividend income

Operation Profit before working capital changes

Adjustments for :

(lncrease)/Decrease in Sundry Debtors(lncrease)/Decrease in lnventories(lncrease)/Decrease in AdvancesI n crea se/( Decrease ) in Current LiabilitiesCash Generated from OPeration

Interest PaidDirect Taxes (Paid)/ Refu ndCash Flow Before Extra-ordinary Itern

Extra-OrdinarY ltem

Net Cash from Operating Activities....A

B) CASH FLOW FROM INVESTING ACTIVITIES

Purchase of Fixed AssetsSale of Fixed AssetsPurchase of investme nts/sa le ot investmentInterest receivedDividend received

Net Cash Flow from Investing Activities,.'.8

C) CASH FLOW FROM FINANCING ACTIVITIES

Unsecured Loan received/( refund)Share Application moneis receivedRepayment Of BorrowingsRepayment of Finance lease/Hire-purchase liabilitieslncrease in Ban k BorrowinqsAdj ustment for previous years

Net cash used in Financing Activities.'.'

(427 ,550)2,013,0 0 01,368,783

7,452,638(e63,802)

( 2,0 0 0,866 )QB4,A52)

( 3,838,09 9 )10,9 70,10 5

(r,452,638)/1 1t) n7?\

( 20,48 3 )7,271,765

1,507,617

r,195,574(322,526)

(4,294,sA6)4,583,992

(2,027 ,843)(2,O16,022)

(r,195,57 4)( 600,000)

3,631,947

--pd3,2so

(3,754,379)2,r4B,A7r

(1, ,7 95 ,57 4)353,297

---Zse,2s?

(1 ,924 ,7_76)

(380,049)a5,7 2a

236,798

1L,gE,nel

( 85,92 0 )

(2,267,444)( 1s 6,0 51)

7,379,420

(1,129,995)

G,75A,937)

3,266,924___t9t 221*

Net Increase/ ( Decrease ) in cash & cash Equivalents

Cash & Cash equivalents As at 1st April'09 (Ope. Balance)Cash & Cash equivalents As at 31st 14ar'10 (Clo. Balance)

For S, Bhansali & AssociatesChartered Accountants

ir.'. )) l;rI ,,o--n , i!'itoti-"'a-*

/tPRIVA BT*ANSALI

Propitetor14.No.27 225

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