The company is Information Technology Company having its main object of providing information technology enabled services The Company during the year under review was able to perform better as compared to previous years. The company has generated trading business revenue by trading in agricultural produce. For the past two years the Company was in the process of gradually paying off all its liabilities including tax liabilities. The company since last year is a debt free company. The Directors feel that being a debt free company will boost the morale of the management which is motivated to focus itself on business development and procuring viable projects for the company in future which ultimately will bring value to the Shareholders. Further with the India’s growth slowed down by political crisis, and overall global recovery at slow pace your directors’ are choosing future path with care and caution..
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