THE HANUMAN ESTATES LTD.

DIRECTORS REPORTS TO THE SHAREHOLDERS :

Your Directors have pleasure in presenting their 72 nd Annual Report and Audited
Accounts of the Company for the year ended 31st March ,2008.

Financial Results

2007- 08 2006- 07
Rs. Rs.

Gross Profits for the Year 9,64,350.00 6,72,076.00

Less : Depreciation 26,441.00 29,600.00
Profit after Depreciation 9,37,909.00 6,42,476.00
Less: Provision for taxation 3,07,714.00 1,69,420.00
Profit After Taxation 6,30,195.00 4,73,056.00
Add: Profit (Loss) Brought forward 42,40,829.00 37,67,773.00
Balance Carried forward to Balance Sheet 48,71,024.00 42,40,829.00

DIRECTORS

Pursuant to the articles of Association of the Company , one of your Directors.

Sri B. K. Nagar retires by rotation and being eligible offers himself for re-appointment.

DIVIDEND

In order to consolidate the financial position of company the directors do not recommend
any dividend for the year.
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DEPOSITS

The Company has not accepted any deposit from the public u/s. 58A of the Company
Act, 1956.

DIRECTORS RESPONSIBILITY STATEMENT

As Required under Section 217 (2AA) of the Companies Act,1956 , the Directors hereby
confirm that :

I - in the preparation of annual accounts , the applicable accounting standards have been
followed along with proper explanation relating to material departure ;

II 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 the company at the end of the financial year and of the
profit of the company for that period ;

III 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 the Company and for preventing and detecting fraud and other irregularities ;

IV the Directors had prepared the annual accounts on a going concern basis .
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AUDITORS AND THEIR REPORT

M/S . S. B. Dandekar & Co., Chartered Accountants , Auditors of the Company retire
from the office of the Auditors and being eligible , offer themselves for re-appointment.
The Auditors in their report have made reference to the Notes in Schedule N All the
point in the notes are well covered and are self explanatory need no further explanation.

EMPLOYEES

Your Directors wish to record their appreciation for the co-operation and support
extended by all the employees of the company .

EMPLOYEES

The Company has no employee of the category as required under Section 217(2A) of the
company Act,1956.

APPRECIATION

The Directors wish to record their appreciation of the devoted service rendered by the
staff at all levels.

SATUTORY INFORMATION

(A) CONSERVATION OF ENERGY:- Several measures for conservation of energy

were undertaking during the year.

(B) TECHNOLOGY ABSORPTION:- Effort is being made for improving quality of

working solution, improving quality of products provided to customers

(C) FOREIGN EXCHANGE EARNING & OUTGO:- Not Applicable

FOR THE HNUMAN ESTATES LTD.

8, B.B.D. Bag ( East )

KOLKATA -700 001
Dated : . 18th July, 2008 DIRECTOR

THE HNUMAN ESTATES LTD

NOTICE TO THE SHAREHOLDERS:

NOTICE is hereby given that the 72nd Annual General Meeting of the shareholders of
THE HNUMAN ESTATES LTD. will be held at the Registered office of the Company at
8, B.B.D. Bag (East) Kolkata 700001 on 29th August, 2008 at 12.30 P.M.
to transact the following business :

AS AN ORDINARY RESOLUTION:

1. To receive and adopt the audited profit & Loss Account for the year ended 31 st
March, 2008 and the Balance sheet on that date along with the reports of the
Directors and auditors thereon.

2. To appoint a Director in place of Sri B. K. Nagar who retires by rotation at

the ensuing Annual General Meeting and is eligible for re- appointment.

3. To appoint Auditors of the company for the year 2008-09 and to fix their
remuneration.

FOR THE HNUMAN ESTATES LTD.

8, B.B.D. Bag ( East )

KOLKATA -700 001
Dated : . 18th July, 2008 DIRECTOR
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NOTE :

A.) A member entitled to attend and vote at the meeting is entitled to appoint a proxy
to attend and vote instead of himself and such proxy need not be a member of the
Company. Proxies in order to be effective must be received by the company at its
registered office not less then 48 hours before the meeting.