JAMUNA ENTERPRISES PVT. LTD.

: NEW DELHI

REGD. OFFICE : 284, Sultan Sadan, L-3 Westend Marg, Saidulajaib, New Delhi

NOTICE

Notice is hereby given that the Annual General Meeting of the company will be held at
the registered office of the company at 284, Sultan Sadan, L-3 Westend Marg,
Saidulajaib, New Delhi. on Wednesday 25th September, 2009 at 4.00 P.M. to transact the
following business:-

ORDINARY BUSINESS :

1. To receive, consider and adopt the Audited Balance Sheet as at 31 st March, 2009 and
Profit & Loss Account for the year ended on that date together with the Auditors and
the Director’s Report thereon.

2. To declare dividend.

3. To appoint Auditor’s for the current year and fix their remuneration. M/s Aiyar &
Co., Chartered Accountants, New Delhi retire and are eligible for re-appointment.

SPECIAL BUSINESS:

4. To consider and if thought fit, to pass the following resolution as an Ordinary resolution:

“Resolved that Mr. Arun Patnaik who was appointed as Additional Director under
section 260 of the Companies Act, 1956 on 01/10/2008 till the Annual General Meeting,
be and is hereby appointed as a Director of the company.

BY ORDER OF THE BOARD

Sd/-
(PREM PATNAIK)
NEW DELHI DIRECTOR
Dated: August 31, 2009

Note:
A member entitled to attend and vote at the meeting is also entitled to appoint a proxy.
The Proxy need not be a member of the company. Proxies in order to be effective must
be received by the company not less than 48 hours before the meeting.
EXPLANATORY STATEMENT PURSUANT TO SECTION 173(2) OF THE
COMPANIES ACT,1956

ITEM 4

Mr. Arun Patnaik was appointed as Additional Director of the Company from
01/10/2008 till the conclusion of next Annual General Meeting. Mr. Arun Patnaik is
young, dynamic and energetic and your Board of Directors believes his association with
the company would be beneficial and is in the interest of the Company for its growth. He
is therefore proposed to be appointed as Director at the ensuing Annual General Meeting
and hence this resolution may be considered and if thought fit may be passed with or
without modification.

By order of the Board

For Jamuna Enterprises Private
Limited

Sd/-
Place: New Delhi (PREM PATNAIK)
Date: 31.08.2009 DIRECTOR
 JAMUNA ENTERPRISES PVT. LTD. : NEW DELHI

DIRECTORS’ REPORT

Your Directors have pleasure in presenting to you the accounts of the company for the
year ended 31st March, 2009.

The salient features in respect of financial operations are given below: -

FINANCIAL RESULTS :
Current Year Previous Year
Turnover 11,401,695 15,314,828
Interest, Dividend & Other Income 932,475 1,404,61
0

Profit before Tax 1,701,495 2.051,060

Less : Provision for Tax (631,324) (2,78,260)
Deferred Tax Asset /(Liability) 10995 (30,116)
Surplus 1,081,166 1,160,421
Add : Profit brought forward 1,726,990 931,880
Profit available for appropriation 2,808,156 2,092,301
Less : Transfer to General Reserve (170,000) (210,000)
2,638,156 1,882,301
Less : Proposed Dividend (132,750) (1,32,750)
2,505,406 1,749,551
Less : Dividend Tax on Proposed ( 22,561) (22,561)
Dividend
Surplus carried to Balance Sheet 2,482,845 1,726,990

Directors:

Mr.Arun Patnaik was appointed as Additional Director during the year. He is proposed to
be appointed as regular Director at the ensuing Annual General Meeting of the Company.

Dividend :
The board recommended a final dividend of Rs. 25/- per share for the year ended
31st March, 2009.

Auditors :
M/s. Aiyar & Co., Chartered Accountants, New Delhi, Statutory Auditor of your
company retire and are eligible, for re-appointment.
Employees :
There is no employee in the company who was in receipt of remuneration amounting to
Rs. 24,00,000/- per annum in aggregate, employed throughout the year or Rs. 2,00,000/-
per month if employed for part of the year, thereby the provisions of Sub-section 2A of
Section 217 are not applicable to the Company.

Conservation of Energy, Foreign Exchange Earnings / Outgo.

The provisions of Section 217(1) (e) & the rules framed thereunder regarding
conservation of energy, technology and Foreign Exchange are applicable to the company
only in respect of foreign exchange earnings.

(i) There have been concentrated efforts to maintain and improve exports
performance in respect of Textile, leather (shoes, ladies purse), books and
other miscellaneous items etc. inspite of depressed market conditions
prevailing the world over.

(ii) Total foreign exchange used & earned :

Used 92,204
Earned 7,585,496

Directors’ Responsibility Statement

Pursuant to sub-section (2AA) of Section 217 of the Companies Act, 1956, the Board of
Directors of the Company hereby state and confirm that:

i) In the preparation of the Annual Accounts, the applicable accounting standards

had been followed along with proper explanation relating to material departures;

ii) The Directors had selected such accounting policies and applied them consistently
and made judgements 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 profits of the Company for the 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 the
safeguarding the assets of the Company and for the preventing and detecting
fraud and other irregularities;

iv) The Directors had prepared the accounts for the financial year ended 31st March,
2009 on a ‘going concern’ basis.

ON BEHALF OF THE BOARD OF DIRECTORS

Sd/- Sd/-
NEW DELHI (CRISTINA PATNAIK) (PREM PATNAIK)
DATED: 31.08.2009 DIRECTOR DIRECTOR