Directors Report of Kedia Infotech Ltd.

Mar 31, 2011

The Directors have pleasure in presenting the Annual Report on the business and operations of the Company and Audited Statement of Accounts of the Company for the year ended 31st March, 2011.

DIVIDENDS

Your Board of Directors does not recommend any dividend for the year 2010-11

OPERATIONS

During the year company has incurred a losses before taxes of Rs. 1,18.42,940.98 as in comparison to last year losses of Rs. 27,61,044.54

PARTICULARS OF EMPLOYEES

None of the employee of the company received remuneration in excess of the limit specified u/s 217 (2A) of the Companies Act, 1956.

DISCLOSURE OF PARTICULARS WITH RESPECT OF CONSERVATION OF ENERGY

The details as required by Companies (Disclosure of particulars in Report of Board of Directors) Rules, 1988 for conservation of Energy, Technology Absorption are not applicable to the Company having regard to the nature of business of the Company. Foreign Exchange earnings and outgo are "NIL"

DIRECTOR RESPONSIBILITY STATEMENT

Pursuant to section 217(2AA) of the Companies Act, 1956 the Directors confirm that:

1. In presentation of the annual accounts, the applicable standards had been followed along with proper explanation relation to material departures;

2. The Directors had selected such accounting policies and applied them consistently and made judgments and estimates that are reasonable and prudent so as to give a true and fair view of the state of affairs of your Company at the end of the financial year and of the profit of your Company for that period;

3. The Directors had taken proper and sufficient care for the maintenance of adequate accounting records in accordance with the provisions of this Act for safeguarding the assets of your Company and for preventing and detection fraud and other irregularities;

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

DIRECTORS:

Sri. Vishwambarlal Kedia who retires by rotation and being eligible, offer himself for reappointment,

AUDITORS

M/s. Ritesh Burad & Co., Chartered Accountants, Statutory Auditors of your Company hold office until the conclusion of the Annual General Meeting. The Board of Directors proposes the appointment of M/s Ritesh Board & Co., Chartered Accountants, as the Statutory Auditors the Company has received a certificate from them to the effect that their appointment if made would be within the limits prescribed under Section 224(1) of the Companies Act, 1956.

APPRECIATION

We wish to place on record our deep and sincere appreciation for the contribution made by the workers, staff and executives to the performance of the Company.

BY ORDER OF THE BOARD

For KEDIAINFOTECH LTD

Place: DELHI Ashok Kumar Kedia Vishwamberlal Kedia

Date: 27-08-2011 Director Director

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Mar 31, 2010

The Directors have pleasure in presenting the Annual Report on the business and operations of the Company and Audited Statement of Accounts of the Company for the year ended 31st March, 2010.

DIVIDENDS

Your Board of Directors does not recommend any dividend for the year 2009-10

OPERATIONS

During the year company has incurred a losses before taxes of Rs. 27,61,044.54 as in comparison to last year losses of Rs. 56,79,915.30

PARTICULARS OF EMPLOYEES

None of the employee of the company received remuneration in excess of the limit specified u/s 217 (2A) of the Companies Act, 1956.

DISCLOSURE OF PARTICULARS WITH RESPECT OF CONSERVATION OF ENERGY

The details as required by Companies (Disclosure of particulars in Report of Board of Directors) Rules, 1988 for conservation of Energy, Technology Absorption are not applicable to the Company having regard to the nature of business of the Company. Foreign Exchange earnings and outgo are "NIL"

DIRECTOR RESPONSIBILITY STATEMENT

Pursuant to section 217(2AA) of the Companies Act, 1956 the Directors confirm that:

1. In presentation of the annual accounts, the applicable standards had been followed along with proper explanation relation to material departures;

2. The Directors had selected such accounting policies and applied them consistently and made judgments and estimates that are reasonable and prudent so as to give a true and fair view of the state of affairs of your Company at the end of the financial year and of the profit of your Company for that period;

3. The Directors had taken proper and sufficient care for the maintenance of adequate accounting records in accordance with the provisions of this Act for safeguarding the assets of your Company and for preventing and detection fraud and other irregularities;

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

DIRECTORS:

Sri. Ashok Kumar Kedia who retires by rotation and being eligible, offer himself for reappointment.

AUDITORS

M/s. SANDEEP JHAWAR & ASSOCIATES Chartered Accountants, Statutory Auditors of your Company hold office until the conclusion of the Annual General Meeting. The Board of Directors proposes the appointment of M/s Sandeep Jhawar & Associates Chartered Accountants, as the Statutory Auditors the Company has received a certificate from them to the effect that their appointment if made would be within the limits prescribed under Section 224(1) of the Companies Act, 1956.

APPRECIATION

We wish to place on record our deep and sincere appreciation for the contribution made by the workers, staff and executives to the performance of the Company.

For and on BEHALF OF THE BOARD

Sd/- DIRECTOR

Place: HYDERABAD Dated: 04-08-2010