LJ International Annual Report 2014-2015

L.J.
INTERNATIONAL LIMITED
BOARD OF DIRECTORS
Mr. DILIP THOMAS (Chairman)
Mrs. LILY THOMAS
Mr. AJIT THOMAS
Mrs. PRIYALATHA THOMAS
Mr. M.K. KOSHY
Mr. W.D. NELSON
AUDITORS Contents Page No.

SURI & CO.
Notice to Shareholders 2
Chartered Accountants
Directors Report 4
BANKERS Auditors Report 18

State Bank of Travancore Balance Sheet 22
Statement of Profit and Loss 23
Notes on Accounts 24
REGISTERED OFFICE
No. 60, Rukmani Lakshmipathi Salai, Cash Flow Statement 42
Egmore, Chennai - 600 008.
Statistics of Profits, etc 44
REGISTRAR & SHARE TRANSFER AGENT

Cameo Corporate Services Limited
Subramanian Building
No.1, Club House Road, Chennai - 600 002
E-mail : investor@cameoindia.com
L. J. INTERNATIONAL LIMITED
Registered Office : No.60,Rukmani Lakshmipathi Salai, Egmore, Chennai - 600008
CIN: L01131TN1943PLC002723
NOTICE TO SHAREHOLDERS
NOTICE is hereby given that the SEVENTY SECOND Annual General Meeting (AGM) of the Company will be held at its
Registered Office at No.60, Rukmani Lakshmipathi Salai, Egmore, Chennai- 600008 on Monday, the 14th September,
2015 at 12.30 P.M. . to transact the following business:
Ordinary Business:
1. To receive, consider and adopt the Reports of the Directors and Auditors and the Audited Accounts of the Company
for the year ended 31st March, 2015.
2. To declare dividend on equity shares for 2014-15 [The Directors have recommended a dividend of ` 1/- per share
(10%)].
3. To elect Director in the place of Mr. Dilip Thomas (DIN: 00052185), who retires by rotation at the ensuing Annual
General Meeting and is eligible for re-election.
4. To elect Director in the place of Mr. W.D. Nelson (DIN:00255511), who retires by rotation at the ensuing Annual
General Meeting and is eligible for re-election.
5. Appointment of Auditors
To consider and if thought fit, to pass with or without modification(s), the following resolution as an Ordinary
Resolution:
RESOLVED that pursuant to the provisions of section 139 and other applicable provisions, if any, of the Companies
Act, 2013 and the Rules framed there under, as amended from time to time, the appointment of M/s Suri & Co,
Chartered Accountants (Registration No. 004283S), as Auditors of the Company to hold office for a term of three
years i.e. till the conclusion of the 74th AGM of the Company, which was subject to ratification at every AGM, be
and is hereby ratified to hold the office from the conclusion of this AGM till the conclusion of the 73rd AGM of the
Company to be held in the year 2016, at a remuneration of ` 5,00,000/- (Rupees five lakhs only) plus service tax
thereon and reimbursement of out-of-pocket and travelling expenses incurred.
By Order of the Board

For L.J.INTERNATIONAL LIMITED
Chennai
8th July, 2015. DILIP THOMAS
Chairman
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L.J. INTERNATIONAL LIMITED, CHENNAI
NOTES:
1. A member entitled to attend and vote at the Meeting is entitled to appoint a proxy to attend and vote in his/
her stead. A proxy need not be a member of the company.
A person can act as proxy on behalf of members not exceeding fifty and holding in the aggregate not more
than ten percent of the total share capital of the company carrying voting rights. A member holding more
than ten per cent of the total share capital of the company carrying voting rights may appoint a single person
as proxy and such person shall not act as proxy for any other person or shareholder.
2. The Register of Members and Share Transfer Books of the Company will remain closed from 25.08.2015 to 03.09.2015
(both days inclusive) during which period no transfer of shares will be registered.
3. Members are requested to notify any change in their address, e-mail id and bank account details to the Company
immediately.
4. Shareholders of the Company may avail the nomination facility by executing the prescribed nomination form which
can be obtained from the Registered Office of the Company.
5. If the dividend as recommended by the Board of Directors is approved at the Annual General Meeting, payment of
such dividend will be made after 14.09.2015 as under:
a) To all members in respect of shares held by them in physical form as on the date of the Annual General Meeting,
after giving effect to valid transfers in respect of transfer requests lodged with the Company/Registrar & Share
Transfer Agent on or before the close of business hours on 24.08.2015
b) To all Beneficial owners in respect of shares held in dematerialised form as per the data as may be made
available by the National Securities Depository Limited.
6. Members are requested to furnish the Bank Account details in order to enable the Company to mention the same
on the payment instrument, for distribution of dividends to the investors.
7. Pursuant to provisions of section 205A(5) and 205C of the Companies Act, 1956, the Company has transferred the
unpaid or unclaimed dividends from time to time on due dates up to the financial year 2006-2007 to the Investor
Education and Protection Fund (the IEPF) established by the Central Government.
Final Dividend declared for the year 2007-2008 and remaining unpaid or unclaimed is liable to be transferred to the
Fund during the month of August, 2015 and the shareholders are, therefore, advised to claim immediately from the
Company the dividends, if any, for the said year remaining unpaid before they are transferred to the Fund.
8. Members are requested to note that in case of transfers, deletion of name of deceased shareholder, transmission
and transposition of names, in respect of shares held in physical form, submission of attested copy of PAN CARD
of the transferee(s), surviving holder(s), legal heir(s) and joint holder(s) respectively, along with necessary documents
at the time of lodgment of request for transfer/transmission/transposition is now mandatory.
9. As the Company ceased to be a Listed Company with Madras Stock Exchange, the shares of the Company shall be
available for buying/selling in the Dissemination Board of the National Stock Exchange w.e.f. 1st December, 2014.
10. EXCLUSIVE E MAIL I D FOR REDRESSAL OF INVESTOR COMPLAINTS:-
Please use the following contacts for redressal of Investor Complaints:-
E Mail: statutory@avtcorp.in
Compliance Officers: Mr.V.Sriraman / Mr.W.Rex Santhakumar
Tel. No.044-28553249
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REPORT OF THE DIRECTORS
Your Directors have pleasure in presenting the SEVENTY SECOND ANNUAL REPORT with the audited accounts of the
Company for the year ended 31st March, 2015.
FINANCIAL RESULTS: (Rupees in lakhs)

2014-15 2013-14
Income from Operations and Other Income 1230.87 1231.03

Profit Before Depreciation & Interest 72.23 255.58
Less: Depreciation 69.84 38.87
Interest 6.54 0.77
76.38 39.64
Profit / (Loss) Before Tax (4.15) 215.94
Less: Provision for Tax 21.00 59.00
Profit / (Loss) After Tax (25.15) 156.94
Less:Adjustments relating to Fixed Assets 1.16
Add: Surplus brought forward 88.15 94.38
61.84 251.32
which your Directors recommend to appropriate:-
Transfer to General Reserve Nil 100.00
Proposed Dividend on Equity Shares @ ` 1/- per share 5.40 54.00
Provision for Tax on Final Dividend 1.10 9.17
Balance carried forward 55.34 88.15
61.84 251.32
DIVIDEND
Your Directors are pleased to recommend dividend on Equity Shares at ` 1/- per share (10%) for the year ended 31st
March, 2015.
DELISTING OF COMPANIES SHARE FROM STOCK EXCHANGE
The Madras Stock Exchange (MSE) vide their communication dated 3rd December, 2014 has informed that the SEBI
had advised them to consider all the Exclusively Listed Companies of MSE which have not opted for listing on any
other recognized stock exchanges would cease to to be a listed company and would be moved to the Dissemination
Board of National Stock Exchange of India Ltd.(NSE). Accordingly your company has ceased to be a listed company
with MSE and has been placed on the Dissemination Board of NSE. NSE has allowed buying and selling of the shares
of your company on the Dissemination Board with effect from 1st December, 2014.
OPERATIONS
For the year under report, the export sales of the Company increased by ` 94.22 lakhs, while the domestic sales
decreased by ` 34.36 lakhs resulting in a net increase of ` 59.86 lakhs compared to the last year's sales. But the
increase in export sales is not reflected in the profitability of the Company for the year due to adverse exchange rates.
The increase in export sales is mainly in Limonium to Japan, Canna, Agapanthus, Echenecea, Lupine, Alstromeria, Lily,
Blettella plants to European customers and Calathea plants to China.
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The sale of plants and other nursery products in the domestic market and also construction of poly houses for growing
plants, has registered a turnover of ` 254.96 lakhs for the year compared to ` 289.32 lakhs for the last year. The decline
in domestic sales is mainly due to a fall in the sales of Gerbera plants.
The other income of the Company has also decreased for the year compared to the previous year. The Company has
charged depreciation for the year, based on the useful life of its fixed assets as prescribed by the Companies Act, 2013,
which has resulted in a higher depreciation of ` 33.72 lakhs and thereby affecting the Profit Before Tax for the year.
PARTICULARS OF EMPLOYEES
During the year, no employee of the Company was in receipt of remuneration in excess of the limits prescribed by
section 197 of the Act and rules made there-under.
DIRECTORS
Directors Mr.DilipThomas and Mr.W.D.Nelson retire by rotation and being eligible, have offered themselves for
reappointment. The Board recommends the same for your approval.
Director Mr.Ravisanker A has resigned due to personal reasons from the Board effective from 23rd March, 2015. The
Board wishes to place on record the valuable services rendered by him during his tenure as a Director of the Company.
AUDITORS
Pursuant to the provisions of Section 139 and other applicable provisions, if any, of the Companies Act, 2013 and the
rules framed there under, as amended from time to time, M/s. Suri & Co., Chartered Accountants (Registration
No.004283S), were appointed as Statutory Auditors of the Company from the conclusion of the 71st Annual General
Meeting (AGM) of the Company held on 24th September, 2014 till the conclusion of the 74th AGM to be held in the year
2017, subject to ratification of their appointment at every AGM. A certificate from the Auditors that they satisfy the
conditions prescribed under the Companies Act, 2013 and the Rules made thereunder (including satisfaction of criteria
under section 141 of the Companies Act, 2013), has been received from them.
COMPLIANCE UNDER THE COMPANIES ACT, 2013
Pursuant to Section 134 of the Companies Act, 2013 read with the Companies (Accounts) Rules, 2014, your Company
has complied with the requirements, which are applicable and the details of compliances under Companies Act, 2013
are enumerated below:
EXTRACT OF ANNUAL RETURN
The extract of Annual Return as provided under Sub-Section (3) of Section 92 of the Companies Act, 2013 ( the Act) is
enclosed at Annexure-I in the prescribed form MGT-9 and forms part of this Report.
BOARD MEETINGS
During the financial year 2014-15 the Board of Directors met four times. The dates on which the meetings were held are
29.05.2014, 07.08.2014, 12.11.2014, 05.02.2015.
DIRECTORS RESPONSIBILITY STATEMENT:
In pursuance of section 134 (5) of the Companies Act, 2013, the Directors hereby confirm that:
a. in the preparation of the annual accounts for the financial year ended 31st March, 2015, the applicable accounting
standards have been followed along with proper explanation relating to material departures, if any;
b. they have 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 the financial year;
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c. they have taken proper and sufficient care for the maintenance of adequate accounting records in accordance with
the provisions of the Act. They confirm that there are adequate systems and controls for safeguarding the assets of
the Company and for preventing and detecting fraud and other irregularities;
d. they have prepared the annual financial statements on a going concern basis;
e. they have devised proper systems to ensure compliance with the provisions of all applicable laws and that such
systems were adequate and operating effectively
AUDITOR'S REPORT
There are no qualifications, reservations or adverse remarks in the Auditors Report.
PARTICULARS OF LOANS, GUARANTEES AND INVESTMENTS
Details of Loans, Guarantees and Investments covered under the provisions of Section 186 of the Companies Act, 2013
are given in the notes to the Financial Statements.
SUBSIDIARY/ASSOCIATE COMPANIES
The particulars of the subsidiary/associate companies as required under first proviso to Sec.129(3) of the Companies
Act, 2013 read with rule 5 of Companies (Accounts) Rules, 2014 are attached in Form AOC-1 which is attached as
Annexure II to this report.
TRANSACTIONS WITH RELATED PARTIES
All transactions entered by the Company with Related Parties were in the Ordinary course of business and at Arms
Length pricing basis. Details of the transactions are provided in form AOC - 2 which is attached as Annexure III to this
report.
FOREIGN EXCHANGE EARNINGS/OUTGO
The Company's earnings in foreign exchange on FOB value of Exports during the year amounted to ` 797.53 lakhs
compared to ` 706.22 lakhs during the previous year. The foreign exchange outgo during the year was ` 89.81lakhs
against ` 82.54 lakhs in previous year.
RISK MANAGEMENT POLICY
Periodic assessment to identify the risk elements in the business are carried out and management is briefed on the
risks, which are classified as financial risks, operational risks and market risks. The Board is informed well in advance
about the risks to take effective steps in managing them.
ACKNOWLEDGEMENT
Yours Directors place on record their appreciation for the continued support extended to the Company by its Bankers
and Employees during the year.
By Order of the Board

Chennai DILIP THOMAS
8th July, 2015 Chairman
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ANNEXURE - I
Form No. MGT-9
EXTRACT OF ANNUAL RETURN
as on the financial year ended on 31st March, 2015
[Pursuant to section 92(3) of the Companies Act, 2013 and rule 12(1) of the
Companies (Management and Administration) Rules, 2014]
I. REGISTRATION AND OTHER DETAILS:

i) CIN - L01131TN1943PLC002723
ii) Registration Date - 25/03/1943
iii) Name of the Company - L.J. INTERNATIONAL LIMITED
iv) Category / Sub-Category of the Company - Company Limited by Shares
v) Address of the Registered office - 60, Rukmani Lakshmipathi Salai,
and contact details Egmore, Chennai - 600 008
vi) Whether listed company - NO
vii) Name, Address and Contact details of - Cameo Corporate Services Limited
Registrar and Transfer Agent: Subramaniam Building, No.1
Club House Road, Chennai 600 002.
II. PRINCIPAL BUSINESS ACTIVITIES OF THE COMPANY
All the business activities contributing 10 % or more of the total turnover of the company shall be stated:-
Sl. Name and Description of main NIC Code of the % to total turnover
No. Products/Services product/Service of the company
1 Tissue Culture Plants 601.20 100%
III. PARTICULARS OF HOLDING, SUBSIDIARY AND ASSOCIATE COMPANIES
Sl. Name and Address of the CIN Holding/Subsidiary % of Shares Applicable

No. Company /Associate held Section
1 AVTS2 Virtual Lifestyle U93000TN2013PTC092447 Associate 24.75% -
Private Limited
7
III. SHARE HOLDING PATTERN (Equity Share Capital Breakup as percentage of Total Equity)
(i) Category - wise Share Holding
Category of No. of Shares Held at the No. of Shares Held at the % change
shareholders Beginning of the Year end of the Year during
the year
Demat Physical Total % of Total Demat Physical Total % of Total
Shares Shares
A. Promoters
(1) Indian
a) Individual/HUF 0 85744 85744 15.88 0 87224 87224 16.15 0.27
b) Central Govt 0 0 0 0 0 0 0 0 0
c) State Govt.(s) 0 0 0 0 0 0 0 0 0
d) Bodies Corp. 0 244828 244828 45.34 0 244828 244828 45.34 0
e) Banks/FI 0 0 0 0 0 0 0 0 0
f) Any Other 0 0 0 0 0 0 0 0 0
Sub Total (A) (1) 0 330572 330572 61.22 0 332052 332052 61.49 0.27
(2) Foreign
a) NRIs-Individuals 0 0 0 0 0 0 0 0 0
b) Other-Individuals 0 0 0 0 0 0 0 0 0
c) Bodies Corp. 0 0 0 0 0 0 0 0 0
e) Banks/FI 0 0 0 0 0 0 0 0 0
f) Any Other 0 0 0 0 0 0 0 0 0
Sub Total (A)(2) 0 0 0 0 0 0 0 0 0
Total shareholding
of promoter
(A)=(A)(1)+(A)(2) 0 330572 330572 61.22 0 332052 332052 61.49 0.27
B. Public Shareholding
1. Institutions
a) Mutual Funds 0 0 0 0 0 0 0 0 0
b) Banks/FI 3872 0 3872 0.72 3872 0 3872 0.72 0
c) Central Govt. 0 0 0 0 0 0 0 0 0
d) State Govt.(s) 0 0 0 0 0 0 0 0 0
e) Venture Capital funds 0 0 0 0 0 0 0 0 0
f) Insurance Companies 0 0 0 0 0 0 0 0 0
g) FIIs 0 0 0 0 0 0 0 0 0
h) Foreign Venture Capital
Investors 0 0 0 0 0 0 0 0 0
i) Any others-Foreign
Portfolio Investors 0 0 0 0 0 0 0 0 0
Sub Total (B)(1) 3872 0 3872 0.72 3872 0 3872 0.72 0
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Category of No. of Shares Held at the No. of Shares Held at the % change
shareholders Beginning of the Year end of the Year during
the year
Demat Physical Total % of Total Demat Physical Total % of Total
Shares Shares
2. Non Institutions
a) Bodies Corp
i) Indian 2104 2065 4169 0.77 2104 2065 4169 0.77 0
ii)Overseas - - - - - - - - -
b) Individuals
i) Individual Shareholders
holding nominal share
capital upto Rs.1 Lakh 30479 156474 186953 34.62 33479 151894 185373 34.33 -0.29
ii) Individual shareholders

holding nominal share
capital in excess of Rs.1 Lakh 12774 0 12774 2.37 12774 0 12774 2.37 0
c) Others (specify) 0 0 0 0 0 0 0 0 0
Hindu Undivided Family 80 0 80 0.01 180 0 180 0.03 0.02
Non Resident Indians 0 820 820 0.15 0 820 820 0.15 0
Others 0 760 760 0.14 0 760 760 0.14 0
80 1580 1660 0.31 180 1580 1760 0.33 0.02
Sub Total (B)(2) 45437 160119 205556 38.07 48537 155539 204076 37.79 -0.27
Total Public Shareholding
(B)= (B)(1)+(B)(2) 49309 160119 209428 38.78 52409 155539 207948 38.51 -0.27
TOTAL (A)+(B) 49309 490691 540000 100 52409 487591 540000 100 0
C) Shares held by Custodian

for GDRs and ADRs 0 0 0 0 0 0 0 0 0
GRAND TOTAL (A)+(B)+(C) 49309 490691 540000 100 52409 487591 540000 100 0
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ii) Shareholding of Promoters

Shareholding at the beginning Shareholding at the end
of the year of the year
Shareholders Name No of % of total % of shares No of % of total % of shares% % change
Shares shares of pledged/ Shares shares of pledged/ during
the encumbered the encumbered the year
company to company to
total shares total shares
A.V. Thomas Investments Co Ltd 103760 19.21 0 103760 19.21 0 0

A V Thomas International Ltd 72696 13.46 0 72696 13.46 0 0
Mr. Ajit Thomas 37568 6.96 0 37568 6.96 0 0
The Midland Rubber and Produce Co Ltd 35428 6.56 0 35428 6.56 0 0
A V Thomas and Co Ltd 32200 5.96 0 32200 5.96 0 0
Mrs. Lily Thomas 26828 4.97 0 26828 4.97 0 0
Mr. Dilip Thomas 16868 3.12 0 18348 3.40 0 0.27
Mrs. Priyalatha Thomas 4380 0.81 0 4380 0.81 0 0
The Highland Produce Co Ltd 360 0.07 0 360 0.07 0 0
The Rajagiri Rubber And Produce Co Ltd 320 0.06 0 320 0.06 0 0
Cariappa K M 100 0.02 0 100 0.02 0 0
Neelamalai Agro Industries Ltd 64 0.01 0 64 0.01 0 0
iii) Change in Promoters Shareholding (please specify, if there is no change)

Shareholding at the Cumulative Shareholding
beginning of the year during the year
Sl. Name of the Share holder No of % of total No of % of total
No. shares shares of shares shares of
the company the company
1. Mr. Dilip Thomas

At the beginning of the year 01-Apr-2014 16868 3.12 16868 3.12
Date wise Increase / Decrease in Promoters
Purchase 07-Nov-2014 520 0.10 17388 3.22
Purchase 23-Jan-2015 800 0.15 18188 3.37
Purchase 27-Feb-2015 160 0.03 18348 3.40
At the end of the Year 31-Mar-2015 18348 3.40 18348 3.40
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(iv) Shareholding Pattern of top ten shareholders (other than Directors, Promoters and Holders of GDRs and ADRs)
Sl. Name of the Share holder % of total % of total
No. No of shares shares of No of shares shares of
1 Mahendra Girdharilal
2 David R P
3 Life Insurance Corporation of India
4 Krishnamurthy K S
5 P P Zibi Jose
Purchase 12-Sep-2014 400 0.07 3430 0.63
5 Zibi Jose P P
At the beginning of the year 01-Apr-2014 0 0 0 0
Purchase 21-Nov-2014 440 0.08 440 0.08
Purchase 20-Mar-2015 440 0.08 880 0.16
6 Indra Kumar Bagri
7 Thomas J W
8 Sheila Sebastian
JT1 : Thomas Victor
9 Michael Arul
10 Bala Subramaniam Sriram
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(v) Shareholding of Directors and Key Managerial Personnel

Sl. Name of the Share holder % of total % of total
No. No of shares shares of No of shares shares of
1 Mr. Dilip Thomas
Date wise Increase / Decrease
Purchase 07-Nov-2014 520 0.10 17388 3.22
Purchase 23-Jan-2015 800 0.15 18188 3.37
Purchase 27-Feb-2015 160 0.03 18348 3.40
2 Mrs. Lily Thomas
3 Mr. Ajit Thomas
4 Mrs. Priyalatha Thomas
5 Mr. W D Nelson
Key Managerial Personnel
N.A.
V. Indebtedness of the Company including interest outstanding/accrued but not due for payment (` in Lakhs)
Secured Loans Unsecured Loans Deposits Total Indebtedness
excluding deposits
Indebtedness at the beginning of the financial year
i) Principal Amount 21.17 - - 21.17
ii)Interest due but not paid - - - -
iii)Interest accrued but not due - - - -
Total(i+ii+iii) 21.17 - - 21.17
Change in Indebtedness during the financial year
Addition 57.28 - - 57.28
Reduction (18.44) - - (18.44)
Net Change Indebtedness 38.84 - - 38.84
Indebtedness at the end of the financial year
i)Principal Amount 60.01 - - 60.01
ii)Interest due but not paid - - - -
iii)Interest accrued but not due - - - -
Total(i+ii+iii) 60.01 - - 60.01
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VI. REMUNERATION OF DIRECTORS AND KEY MANAGERIAL PERSONNEL

A. Remuneration to Managing Director, Whole-time Directors and / or Manager: (` in Lakhs)
Sl. Particulars of Remuneration Name of MD/WTD/Manager Total
No. Amount
1 Gross salary - -
(a) Salary as per provisions contained in section 17(1) of
the Income-tax Act,1961 - -
(b) value of perquisites u/s 17(2)Income-tax Act,1961 - -
(c) Profits in lieu of salary under section 17(3) Income-tax Act,1961 - -
2 Stock Option - -
3 Sweat Equity - -
4 Commission - -
as % of profit - -
others specify - -
5 Others please specify - -
Total (A) - -
Ceiling as per the Act - -
B. Remuneration to other Directors : (` in Lakhs)

Sl. Particulars of Remuneration Fee for attending
No. board/committee Commission Others Please Total
meetings specify Amount
1 Independent Directors
N.A. - - - -
Total (1) - - - -
2 Other Non-Executive Directors
Mr. Dilip Thomas 0.28 0.28
Mrs. Lily Thomas 0.21 0.21
Mr. Ajit Thomas 0.28 0.28
Mrs. Priyalatha Thomas 0.28 0.28
Mr. M K Koshy 0.28 0.28
Mr. W D Nelson 0.21 0.21
Total (2) 1.54 1.54
Total (B) = (1+2)
Total Managerial Remuneration 1.54 1.54
Overall Ceiling as per the Act N.A.
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C. Remuneration to Key Managerial Personnel other than MD / Manager / WTD ( ` in Lakhs )
Sl. Particulars of Remuneration Key Managerial Personnel

No. NOT APPLICABLE
1 Gross salary
(a) Salary as per provisions contained in section 17(1) of the
Income-tax Act, 1961
(b) Value of perquisites u/s 17(2) Income-tax Act, 1961
(c) Profits in lieu of salary under section 17(3) Income-tax Act, 1961
2 Stock Option N.A
3 Sweat Equity
4 Commission
- as % of profit
- thers, specify
5 Others, please specify
Total
VII. PENALTIES/PUNISHMENT/COMPOUNDING OF OFFENCES
There were no penalties, punishment or compounding of offences during the year ended 31st March, 2015.
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Annexure II
Form AOC - I
Part B: Associates and Joint Ventures
Statement pursuant to Section 129 (3) of the Companies Act, 2013 related to Associate
Companies and Joint Ventures
Name of Associates/Joint Ventures AVT S2 VIRTUAL LIFESTYLE PRIVATE LIMITED
1. Latest audited Balance Sheet Date 31.03.2015
2. Shares of Associate/Joint Ventures held by the

company on the year end
No. 2,45,000
Amount of Investment in Associates/Joint ` 24,50,000

Venture
Extend of Holding % 24.75%
3. Description of how there is significant influence More than 20% of the Total Share Capital of the Associate
Concern is held by L J International Limited
4. Reason why the associate/joint venture is not Ammendment to Companies (Accounts) Rules, 2014 vide
consolidated Notification dated 14th October 2014, consolidated Financial
Statements is not applicable for the Financial Year 2014-15
in cases where the company does not have a subsidiary.
5. Networth attributable to Shareholding as per ` 7,74,696

latest audited Balance Sheet
6. Profit / Loss for the year

i. Considered in Consolidation Nil
i. Not Considered in Consolidation ` 47,93,993
7. Total Networth ` 31,30,404
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ANNEXURE - III
Form No. AOC-2
(Pursuant to clause (h) of sub-section (3) of section 134 of the Act and Rule 8(2) of
the Companies (Accounts) Rules, 2014)
Form for disclosure of particulars of contracts/arrangements entered into by the company with related parties referred
to in sub-section (1) of section 188 of the Companies Act, 2013 including certain arms length transactions under third
proviso thereto
1. Details of contracts or arrangements or transactions not at arms length basis:
Company has not entered into any contract or arrangement or transaction with its related parties which is not at
arms length during financial year 2014-15.
2. Details of material contracts or arrangement or transactions at arms length basis:
(a) Name(s) of the related party and nature of relationship:
(b) Nature of contracts/arrangements/transactions:
(c) Duration of the contracts / arrangements/transactions:
(d) Salient terms of the contracts or arrangements or transactions including the value, if any:
(e) Date(s) of approval by the Board, if any:
(f) Amount paid as advances, if any:
(Details given in annexure IIIA)
For and on behalf of the Board of Directors

Chennai Dilip Thomas
8th July 2015 Chairman
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Annexure IIIA
Form No. AOC 2
Name of the Company Nature of Relationship Nature of Transaction Duration of Amount (`
`) Salient Terms Date of Amount paid
Transactions Approval by as Advance
the Board if any
A.V.Thomas & Co. Ltd. Common Control through C&F, Air Cargo &
constitution of Board/Share holding Other charges On going transactions 6806892 Market Rate Not Applicable Nil
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The Highland Produce Co. Ltd. Common Control through
constitution of Board/Share holding Purchase of Tea On going transactions 66413 Market Rate Not Applicable Nil
Neelamalai Agro Industries Ltd. Common Control through

constitution of Board/Share holding Purchase of Tea On going transactions 9384 Market Rate Not Applicable Nil
INDEPENDENT AUDITORS REPORT

To the Members of
Report on the Standalone Financial Statements
We have audited the accompanying standalone financial statements of LJ International Limited (the Company) which
comprise the Balance Sheet as at 31.03.2015, the Statement of Profit and Loss, the Cash Flow Statement for the year
then ended, and a summary of the significant accounting policies and other explanatory information.
Managements Responsibility for the Standalone Financial Statements
The Companys Board of Directors is responsible for the matters stated in Section 134(5)of the Companies Act,2013(the
Act) with respect to the preparation of these standalone financial statements that give a true and fair view of the
financial position,financial performance and cash flows of the company in accordance with the accounting principles
generally accepted in India, including the Accounting Standards specified under Section 133 of the Act, read with Rule
7 of the Companies (Accounts) Rules,2014. This responsibility also includes maintenance of adequate accounting
records in accordance with the provisions of the Act for safeguarding the assets of the Company and for preventing and
detecting frauds and other irregularities ; selecton and application of appropriate accounting policies;making judgments
and estimates that are reasonable and prudent;and design,implementation and maintenance of adequate internal
financial controls,that were operating effectively for ensuring the accuracy and completeness of the accounting records,
relevant to the preparation and presentation of the financial statements that give a true and fair view and are free from
material misstatement,whether due to fraud or error.
Auditors Responsibility
Our responsibility is to express an opinion on these standalone financial statement based on our audit.
We have taken into account the provisions of the Act, the accounting and auditing standards and matters which are
required to be included in the audit report under the provisions of the Act and the Rules made thereunder.
We conducted our audit in accordance with the Standards on Auditing specified under Section 143 (10) of the Act.Those
Standards require that we comply with ethicial requirements and plan and perform the audit to obtain reasonable
assurance about whether the financial statements are free from material misstatement.
An audit involves performing procedures to obtain audit evidence about the amounts and the disclosures in the financial
statements. The procedures selected depend on the auditors judgment, including the assessment of the risks of
material misstatement of the financial statement, whether due to fraud or error .In making those risk assessments, the
auditor cosiders internal financial control relevant to the Companys preparation of the financial statements that give a
true and fair view in order to design audit procedures that are appropriate in the circumstances, but not for the purpose
of expressing an opinion on whether the Company has in place an adequate internal financial controls system over
financial reporting and the operating effectiveness of such control. An audit also includes evaluating the appropriateness
of the accounting policies used and the reasonableness of the accounting estimates made by the Companys Directors,as
well as evaluating the overall presentation of the financial statements.
We belive that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinion
on the standalone financial statements.
Opinion
In our opinion and to the best of our information and according to the explanations given to us, the aforesaid standalone
financial statements give the information required by the Act in the manner so required and give a true and fair view in
conformity with the accounting principles generally accepted in India, of the state of affairs of the Company as at
31.03.2015, and its Loss and its cash flows for the year ended on that date.
18
Report on Other Legal and Regulatory Requirements

1. As required by the Companies (Auditors Report) Order,2015 (the Order), issued by the Central Government of
India in terms of sub-section 11 of section 143 of the Act, we give in the Annexure a statement on the matters
specified in paragraphs 3 and 4 of the said Order, to the extent applicable.
2. As required by Section 143(3) of the Act,we report that:
a. we have sought and obtained all the information and explanations which to the best of our knowledge and
belief were necessary for the purposes of our audit;
b. in our opinion proper books of account as required by law have been kept by the Company so far as appears
from our examination of those books ;
c. the Balance Sheet, the Statement of Profit and Loss and the Cash Flow Statement dealt with by this Report are
in agreement with the books of account;
d. In our opinion,the aforesaid standalone financial statements comply with the Accounting Standards specified
under Section 133 of the Act ,read with Rule 7of the Companies (Accounts) Rules ,2014.
e. on the basis of the written representations received from the directors as on 31.03.2015, and taken on record by
the Board of Directors, none of the directors is disqualified as on 31.03.2015 from being appointed as a director
in terms of Section 164 (2) of the Act.;
f. With respect to the other matters to be included in the Auditors Report in accordance with Rule 11 of the
Companies (Audit and Auditors) Rules, 2014, in our opinion and to the best of our information and according
to the explanations given to us:
i) The company does not have any pending litigations which would impact its financial position
ii) The Company did not have any long-term contracts including derivative contracts for which there were any
material foreseeable losses;
iii) There has been no delay in transferring amounts, required to be transferred, to the Investor Education and
Protection Fund by the Company;
For SURI & CO

Firm Regn. No.004283S
G.RENGARAJAN
Partner
Chennai Membership No. 219922
08.07.2015
19
ANNEXURE TO THE REPORT OF THE AUDITORS TO THE MEMBERS OF

i) (a) The Company has maintained proper records showing full particulars, including quantitative details and situation
of Fixed Assets.
(b) Physical verification of major items of these assets has been conducted by the Management during the
financial year and no material discrepancies were noticed on such verification. In our opinion, procedures
followed by the management is reasonable having regards to the size of the Company and the nature of its
assets.
ii) (a) Physical verification of inventory has been conducted by the Management at reasonable intervals.
(b) The procedures of physical verification of inventory followed by the Management are reasonable and
adequate in relation to the size of the Company and the nature of its business.
(c) The company has maintained proper records of inventory and no material discrepancies have been noticed
on physical verification of inventory as compared to book records.
iii) The Company has not granted any loans, secured or unsecured to the Companies, firms or other parties covered
in the register maintained under Section 189 of the Companies Act, 2013 and hence the clauses (iii) (a) & (b) of the
Order are not applicable.
iv) In our opinion and according to the information and explanation given to us, there is an adequate internal control
system commensurate with the size of the Company and the nature of its business for the purchase of inventory,
fixed assets and for the sale of goods and services. We have not observed any major weakness in the internal
control system during the course of our audit.
v) The company has not accepted any deposits from the public.
vi) The Company is not subject to the Companies (Cost Records and Audit) Rules, 2014 prescribed by the Central
Government for the maintenance of cost records under section 148 (1) (d) of the Companies Act, 2013 and hence
the clause vi of the Order is not applicable.
vii) a) The Company is regular in depositing with appropriate authorities undisputed statutory dues including Provident
Fund, Investor Education and Protection Fund, Employees State Insurance, Income tax, Sales tax, Wealth tax,
Service Tax, Customs duty, Excise duty, Cess and other statutory dues applicable to it. No undisputed
statutory dues were outstanding as at the last day of the financial year for a period of more than six months
from the date they became payable.
b) The company does not have any disputed statutory dues which have not been deposited.
c) The company is regular in transferring the amount required to be transferred to investor education and protection
fund in accordance with the relevant provisions of the Companies Act, 1956 (1 of 1956) and rules made
thereunder.
viii) The Company does not have accumulated losses at the end of the financial year. The Company has not incurred
any cash loss in the current financial year and in the immediately preceding financial year.
20
ix) The company has not defaulted in repayment of dues to banks.

x) The Company has not granted any guarantee for loans and advances taken by others from banks or financial
institutions, hence Clause (x) of this order is not applicable.
xi) The Company has applied the term loans for the purpose for which they were obtained.
xii) According to the information and explanations given to us, no fraud on or by the company has been noticed or
reported during the year.
For SURI & CO

Firm Regn. No. 004283S
G. RENGARAJAN
Partner
Chennai Membership No. 219922
08.07.2015
21
BALANCE SHEET AS AT 31ST MARCH 2015
NOTES Figures as at Figures as at

the end of the end of
31.03.2015 31.03.2014
` `
I. EQUITY AND LIABILITIES
(1) Shareholders Funds
(a) Share Capital 2 54,00,000 54,00,000
(b) Reserves and Surplus 3 21,10,65,196 21,43,46,290
21,64,65,196 21,97,46,290
(2) Non- current liabilities 4
Secured Loan 38,04,501 17,02,581
Long Term Provisions 23,28,980 16,05,138
61,33,481 33,07,719
(3) Current Liabilities 5
(a) Trade payables 23,70,084 24,45,056
(b) Other current liabilities 64,13,389 51,88,746
(c) Short-term provisions 98,60,114 1,88,90,648
1,86,43,587 2,65,24,450
24,12,42,264 24,95,78,459
II. Assets
(1) Non-current assets
(a) Fixed assets
(i) Tangible assets 6 3,36,13,561 3,06,88,233
(b) Non-current investments 7 3,08,85,445 3,28,93,229
(c) Long Term loans and advances 9 1,10,706 1,10,706
6,46,09,712 6,36,92,168
(2) Current assets
(a) Current Investments 8 7,69,11,068 8,24,66,569
(b) Inventories 10 96,08,865 90,26,856
(c) Trade receivables 11 1,88,44,383 1,52,23,285
(d) Cash and cash equivalents 12 5,21,45,410 6,29,66,460
(e) Short-term loans and advances 13 1,91,22,826 1,62,03,121
17,66,32,552 18,58,86,291
Significant Accounting Policies 1
24,12,42,264 24,95,78,459
Notes 1 to 13 and Notes from 21 to 32 and Cash Flow Statement form part of this Balance Sheet
Vide our report of date attached For and on behalf of the Board
For SURI & CO.
Firm Regn.No.004283S
G. RENGARAJAN DILIP THOMAS M.K. KOSHY
Chennai, Partner Chairman Director
8th July 2015 Membership No. 219922
22
STATEMENT OF PROFIT AND LOSS FOR THE YEAR ENDED 31ST MARCH, 2015
NOTES Figures for the Figures for the

year ended year ended
31.03.2015 31.03.2014
` `
REVENUE:
I. Revenue from operations 14 11,11,50,025 10,62,49,708
II. Other Income 15 1,19,36,784 1,68,53,118
III. Total Revenue (I +II) 12,30,86,809 12,31,02,826
IV. Expenses:
Cost of materials consumed 16 1,78,06,773 1,72,77,718
(Increase)/Decrease in Inventory 17 6,19,850 (4,87,794)
Employee Benefit Expense 18 5,38,37,068 4,50,74,996
Finance Costs 20 6,53,528 76,682
Depreciation and amortization expense 69,84,191 38,86,616
Other expenses 19 4,36,00,178 3,56,80,240
Total Expenses 12,35,01,588 10,15,08,458
V. Profit before exceptional and extraordinary items and tax (III - IV) (4,14,779) 2,15,94,368
VI Extraordinary Items Nil Nil
VII. Profit before tax (4,14,779) 2,15,94,368
VIII. Tax expense:
Current tax 21,00,000 59,00,000
Defered tax Nil Nil
IX. Profit/(Loss) for the period (VII-VIII) (25,14,779) 1,56,94,368
X. Earning per equity share:
(1) Basic 22 (4.66) 29.06
(2) Diluted 22 (4.66) 29.06
Notes 1, 14 to 32 and Cash Flow Statement form part of this Statement of Profit and Loss.
For SURI & CO.
23
NOTES ON ACCOUNTS FOR THE YEAR ENDED 31ST MARCH, 2015

NOTE : 1
SIGNIFICANT ACCOUNTING POLICIES :
a) Accounting Convention :
The financial statements have been prepared on a going concern basis under the historical cost convention on
accrual basis of accounting in accordance with the generally accepted accounting principles Accounting Standards
notified under section 133 of the companies Act 2013 read with rule 7 of the Companies (Accounts) Rules, 2014.
b) Fixed Assets and Depreciation :
Fixed Assets are stated at historical cost less depreciation. Cost includes, taxes and duties (but does not include
taxes and duties for which CENVAT / VAT credit is available), freight and other direct or allocated expenses during
construction period, net of any income earned. Assets acquired on Hire Purchase are capitalized at principal
value.
Tangible fixed assets are depreciated on written down value method adopting the useful life specified in Schedule
II of the Companies Act 2013. Assets costing individually less than ` 5, 000/- are depreciated at 100 % in the year
of purchase. Depreciation for assets purchased/sold during the period is proportionately charged.
Intangible assets are amortized over their respective individual estimated useful lives on a straight line basis,
commencing from the date the asset is available to the company for its use. Depreciation and Amortization
methods, useful lives and residual value are reviewed periodically, including at each financial year end.
c) Investments :
Long Term Investments are stated at cost. Decline in value of Long Term Investments other than Temporary is
provided for. Current Investments are stated at lower of cost and or fair value.
d) Inventories :
Inventories are valued at lower of cost on FIFO basis and net realisable value, after providing for obsolescence
wherever necessary. Cost includes taxes and duties (other than duties and taxes for which CENVAT / VAT credit is
available), freight and other direct expenses.
e) Revenue Recognition :
Revenue is recognized on accrual and when no significant uncertainty on measurability or collectability exists.
Expenditure is accounted for on their accrual.
Sale of goods:
Revenue from sale of goods is recognized when all the significant risks and rewards of ownership of the goods
have been passed to the buyer, usually on delivery of the goods. The company collects sales taxes and value
added taxes (VAT) on behalf of the government and, therefore, these are not economic benefits flowing to the
company. Hence, they are excluded from revenue. Excise duty deducted from revenue (gross) is the amount that
is included in the revenue (gross) and not the entire amount of liability arising during the year.
Interest:
Interest income is recognized on a time proportion basis taking into account the amount outstanding and the
applicable interest rate. Interest income is included under the head other income in the statement of profit and
loss.
Dividends:
Dividend income is recognized when the companys right to receive dividend is established by the reporting date.
24
f) Employee Benefits :
Gratuity liability, which is a defined benefit scheme and provision for leave encashment is accrued and provided
for on the basis of independent actuarial valuation based on projected unit credit method made at the end of each
financial year. Actuarial gains and losses are recognised in the Statement of profit and loss and are not deferred.
Retirement benefits in the form of Provident Fund, Family Pension Fund and Superannuation Schemes, which are
defined contribution schemes, are charged to the Statement of profit and loss of the year when the contribution to
the respective funds accrue.
g) Foreign Currency Transactions :
Foreign Currency Transactions are accounted for at the exchange rates prevailing at the date of the transaction.
The company uses foreign exchange forward contracts to hedge its exposure to movements in foreign exchange
rates and the resultant gain or loss is dealt with in the Statement of Profit & Loss on completion of the transaction.
Monetary items denominated in foreign currency and outstanding at the Balance sheet date are converted at the
year end exchange rate and the resultant gain or loss is dealt with in the Statement of Profit and Loss.
h) Government Grants
Subsidies from government in respect of fixed assets are deducted from the cost of respective assets as and when
they accrue. Subsidies related to revenue are recognised into the Statement of Profit and Loss to match them with
the related costs which they are intended to compensate.
h) Taxes on Income
Provision for Income-Tax is made for both current and deferred tax. Provision for current income tax is made on the
assessable income at the tax rate applicable to the relevant assessment year. Deferred tax is accounted for by
computing the tax effect of the timing difference which arise during the year and reverse out in the subsequent
periods. Deferred tax is calculated at the tax rates substantively enacted by the Balance Sheet date. Deferred tax
assets are recognized only if there is a virtual certainty that they will be realized.
i) Earnings per share
Basic Earnings per share are calculated by dividing the net profit or loss for the period attributable to equity
shareholders (after deducting preference dividends and attributable taxes, if any) by the weighted average number
of equity shares outstanding during the period. The weighted average number of equity shares outstanding during
the period is adjusted for events such as bonus issue, bonus element in a rights issue, share split, and reverse
share split (consolidation of shares) that have changed the number of equity shares outstanding, without a
corresponding change in resources.
For the purpose of calculating diluted earnings per share, the net profit or loss for the period attributable to equity
shareholders and the weighted average number of shares outstanding during the period are adjusted for the
effects of all dilutive potential equity shares.
j) Impairment of Assets
The Company reviews the carrying amounts of its assets for any possible impairment at each balance sheet date.
An impairment loss is recognizes when the carrying amount of an asset exceeds its recoverable amount and the
impairment loss, if any, is recognized in the Statement of Profit and Loss.
25
k) Borrowing Costs
Borrowing costs directly attributable to the acquisition, construction or production of qualifying assets are capitalised
as part of the cost of the assets.
Other borrowing costs are recognised as expense as and when incurred.
l) Provisions
A Provision is recognized when the company has a present obligation as a result of past event, it is probable that
an outflow of resources embodying economic benefits will be required to settle the obligation and a reliable
estimate can be made of the amount of the obligation. Provisions are not discounted to their present value and
determined based on the best estimate required to settle the obligation at the reporting date. These estimate are
reviews at each reporting date and adjusted to reflect the current best estimates.
Where the company expects some or all provision to be reimbursed, for example under an insurance contract, the
reimbursement is recognised as a separate asset but only when the reimbursement is virtually certain. The expense
relating to any provision is presented in the statement of profit and loss net of any reimbursement
m) Contingent liabilities
A Contingent liability is a possible obligation that arises from past events whose existence will be confirmed by the
occurrence or non-occurrence of one or more uncertain future events beyond the control of the company or a
present obligation that is not recognized because it is not probable that an outflow of resources will be required
to settle the obligation. A contingent liability also arises in extremely rare cases where there is a liability that
cannot be recognized because it cannot be measured reliably. The company does not recognize a contingent
liability but discloses its existence in the financial statements.
Contingent Assets are neither recognised nor disclosed.
n) Cash Flow Statement:
Cash Flow Statement is prepared segregating, the cash flow in operating, investing and financing activities. Cash
flow from operating activities is reported using indirect method. Under the indirect method, the net profit is
adjusted for the effects of
(i) Transactions of non-cash nature.
(ii) Any deferrals or accruals of past or future operating cash receipts or payments and
(iii) Items of income or expense associated with investing or financing cashflows.
Cash and cash equivalents (including bank balances) are reflected as such in Cash Flow Statement.
26
NOTES FORMING PART OF BALANCE SHEET AS AT 31ST MARCH, 2015

31.03.2015 31.03.2014
` `
NOTE: 2
SHARE CAPITAL
a. AUTHORISED
6,00,000 Equity Shares of ` 10 each 60,00,000 60,00,000
1,00,000 Preference Shares of ` 10 each 10,00,000 10,00,000
70,00,000 70,00,000
b. ISSUED, SUBSCRIBED & PAID UP

5,40,000 Equity Shares of ` 10 each 54,00,000 54,00,000
c. Number of shares at the beginning of the year 5,40,000 5,40,000

Add/(Less) shares issued /buyback etc Nil Nil
Number of shares at the end of reporting period 5,40,000 5,40,000
d. Details of shareholders holding more than

5% of equity shares as on 31.03.2015
Name of the shareholder 31.03.2015 31.03.2014

No of shares % of No of shares % of
held holding held holding
A.V.Thomas Investments Co. Ltd. 1,03,760 19.21 1,03,760 19.21
A.V.Thomas International Ltd. 72,696 13.47 72,696 13.47
Mr.Ajit Thomas 37,568 6.96 37,568 6.96
The Midland Rubber & Produce Co. Ltd 35,428 6.56 35,428 6.56
A.V.Thomas & Co. Ltd. 32,200 5.96 32,200 5.96
2,81,652 52.16 2,81,652 52.16
e. No Bonus / Buyback of share in last 5 years
27
NOTES FORMING PART OF BALANCE SHEET AS AT 31ST MARCH, 2015 (Contd.)
31.03.2015 31.03.2014
` `
NOTE: 3
RESERVES AND SURPLUS
GENERAL RESERVE
As per last Balance Sheet 20,55,31,199
Add: Transfer from Statement of Profit and Loss Nil
20,55,31,199 20,55,31,199
SURPLUS
Profit for the period (25,14,779) 1,56,94,368
Less: Adjustments relating to Fixed Assets (1,16,382)
(Refer Note No.26)
Add: Surplus brought forward from previous years 88,15,091 94,38,453
61,83,930 2,51,32,821
APPROPRIATIONS
Transfer to General Reserve Nil 1,00,00,000
Proposed dividend on equity shares @ ` 1/- per share
(Previous Year ` 10/- Per share) 5,40,000 54,00,000
Provision for tax on dividend 1,09,932 9,17,730
Net Surplus in the Statement of Profit and Loss 55,33,998 88,15,091
21,10,65,196 21,43,46,290
28
31.03.2015 31.03.2014
` `
NOTE: 4
NON-CURRENT LIABILITIES:
Long Term Borrowings:
Vehicle loan from Banks secured against
Hypothecation of Vehicles:
Repayable in 59 monthly instalments starting from
December 2013 (Last instalment October 2018). 7,78,051 10,27,143
Interest rate 10.50% per annum.
December 2013 (Last instalment October 2018).
Interest rate 10.75% per annum. 2,88,857 3,80,913
September 2014 (Last instalment July 2019).
Interest rate 10.50% per annum. 6,17,457 0
January 2014 (Last instalment December 2017).
Interest rate 13.50% per annum (Diminishing) 1,96,350 2,94,525
May 2014 (Last instalment April 2017).
Interest rate 10.26% per annum. 19,23,786 0
38,04,501 17,02,581
Long Term Provisions
Provision for Employee benefits:
Provision for Gratuity 7,04,268 2,65,931
Provision for Leave Encashment 16,24,712 13,39,207
23,28,980 16,05,138
61,33,481 33,07,719
NOTE: 5
CURRENT LIABILITIES:
(a) Trade payables (Refer Note No:30 for details of
dues to micro and small enterprises) 23,70,084 24,45,056
23,70,084 24,45,056
(b) Other current liabilities
Investor Education and Protection Fund
- Unclaimed Dividend 24,93,575 20,73,185
- Term Loan - Current maturities of long term debts (Refer Note 4) 21,96,725 4,14,178
- Other current liabilities 17,23,089 27,01,383
64,13,389 51,88,746
(c) Short Term Provisions
Provision for Employee benefits:
Provision for Gratuity 79,801 31,492
Provision for Leave Encashment 24,20,689 28,01,769
Provision for bonus 9,11,930 8,81,150
Other provisions
Provision for Taxation 57,97,762 88,58,507
Proposed Dividend on Equity Shares 5,40,000 54,00,000
Provision for Tax on Dividend 1,09,932 9,17,730
98,60,114 1,88,90,648
29
NOTES FORMING PART OF BALANCE SHEET AS AT 31ST MARCH 2015 (Contd.)
NOTE : 6
FIXED ASSETS - TANGIBLE ASSETS
GROSS BLOCK DEPRECIATION NET BLOCK
As at Additions Deletions As at Up to For the Withdrawn Up to As at As at

Description 1.4.2014 31.3.2015 1.4.2014 Year 31.3.2015 31.3.2015 31.3.2014
` ` ` ` ` ` ` ` ` `
30
Land and Development :
Freehold 84,87,104 Nil Nil 84,87,104 Nil Nil Nil Nil 84,87,104 84,87,104
Leasehold 32,40,000 Nil Nil 32,40,000 3,31,506 36,834 Nil 3,68,340 28,71,660 29,08,494
Buildings
Freehold 26,82,193 Nil Nil 26,82,193 14,68,384 1,46,664 Nil 16,15,049 10,67,144 12,13,808
Leasehold 2,14,87,560 4,73,714 Nil 2,19,61,274 1,50,28,302 6,78,576 Nil 1,57,06,878 62,54,396 64,59,258
Plant & Machinery 4,99,57,561 24,43,146 Nil 5,24,00,707 4,30,88,356 21,32,232 NIl 4,52,20,588 71,80,119 68,69,206
Furniture & Fixtures 24,32,143 1,63,643 Nil 25,95,786 22,56,952 1,04,275 Nil 23,61,227 2,34,559 1,75,191
Motor Vehicles 1,10,75,240 71,02,794 38,77,363 1,43,00,671 65,00,068 34,64,208 31,82,184 67,82,092 75,18,579 45,75,172
9,93,61,801 1,01,83,297 38,77,363 10,56,67,735 6,86,73,568 65,62,789 31,82,184 7,20,54,174 3,36,13,561 3,06,88,233
PREVIOUS YEAR 9,78,59,731 49,06,588 34,04,518 9,93,61,801 6,79,63,895 33,20,529 26,10,855 6,86,73,568 3,06,88,233
#
# Refer Note No.26

NOTE : 7
NON CURRENT INVESTMENTS :
Balance as on 1.4.2014 Additions Deductions Balance as on 31.3.2015
Description No. of Amount No. of Amount No. of Amount No. of Amount
shares/ ` shares/ ` shares/ ` shares/ `
units units units units
LONG TERM - AT COST
EQUITY SHARES:
Equity Shares of AVT S2 Virtual Life StylePvt Ltd 245000 24,50,000 245000 24,50,000
Less: Provision for diminution in value of
investments 14,70,000
9,80,000
PREFERENCE SHARES:
31
Non-Convertible Redeemable Cumulative 400 50,00,000 400 50,00,000
Preference Shares of IL & FS
NHAI Bonds 49450 49,45,000 49450 49,45,000
IMMOVABLE PROPERTIES
Land and Buildings (Including Fixtures) 2,59,15,367 2,59,15,367
Less: Depreciation 54,17,138 59,54,922
2,04,98,229 1,99,60,445
TOTAL 3,28,93,229 3,08,85,445
31.03.2015 31.3.2014
Aggregate amount of quoted investments Nil Nil
Aggregate amount of unquoted investments 1,09,25,000 1,23,95,000
Aggregate amount of immovable properties 2,59,15,367 2,59,15,367
Total 3,68,40,367 3,83,10,367
Aggregate depreciation of immovable properties 59,54,922 54,17,138
3,08,85,445 3,28,93,229

NOTE : 8
CURRENT INVESTMENTS :
SHORT TERM - AT LOWER OF COST AND FAIR VALUE
DEBENTURES:
Non Convertible Debentures of Eldeco Sohna
Projects Limited 2 1,00,00,000 40,00,000 2 60,00,000
MUTUAL FUNDS
1. Sundaram Flexible Fund ST Plan Institutional 273090 21,96,451 273090 21,96,451
32
Growth
2. ICICI Prudential Income Opportunities Fund 537389 87,30,000 537389 87,30,000
Retail Growth
3. Sundaram Flexible Fund Flexible Income Plan
Regular Growth 681957 1,14,00,000 681957 1,14,00,000
4. HDFC Medium Term Opportunities Fund 1565508 2,00,00,000 1565508 2,00,00,000
Growth
5. UTI Short Term Income Fund -Institutional
Growth 259154 38,00,000 259154 38,00,000
6. ICICI Prudential Equity Arbitrage Fund -
Regular Dividend 277372 38,00,000 50786 7,00,000 226586 31,00,000
7. HDFC FMP 540D December 2013(1)
Series 28 Regular Growth 1199700 1,19,97,000 1199700 1,19,97,000
8. Reliance Fixed Horizon Fund-XXVI-Series 2 550000 55,00,000 550000 55,00,000
Growth Plan
9. Templeton India Short Term Income
Retail Plan 1961 50,00,000 948 25,00,000 2909 75,00,000
Carried Over 8,24,23,451 25,00,000 2,70,26,451 5,78,97,000

NOTE : 8
CURRENT INVESTMENTS (Contd.)
Brought Forward 8,24,23,451 25,00,000 2,70,26,451 5,78,97,000
10. Templeton India Corporate Bond
Opportunities Fund - Growth 192758 25,00,000 192758 25,00,000
11. ASK IM Hybrid Instrument Series XLII -
Autocall 110V 50,00,000 50,00,000
12. Birla Short Term Opportunities Fund-
Growth 189743 40,00,000 189743 40,00,000
13. HDFC Corporate Debt Opportunities Fund -
Growth 581841 60,00,000 581841 60,00,000
33
14. Reliance Capital Builder Fund II - Series B
Growth 100000 10,00,000 100000 10,00,000
15. ASK Real Estate Special Opportunities
Fund II 5,00,000 5,00,000
16. Templeton India Ultra Short Bond Fund 4297 43,118 325509 32,70,950 328406 33,00,000 1400 14,068
Super Institutional Daily Dividend Plan
TOTAL 8,24,66,569 2,47,70,950 3,03,26,451 7,69,11,068
31.03.2015 31.3.2014
Aggregate amount of quoted investments 7,09,11,068 7,24,66,569

(Market value of the quoted investments -
` 7,96,47,089 Previous Year - ` 7,52,39,771)
Aggregate amount of unquoted investments 60,00,000 1,00,00,000
Total 7,69,11,068 8,24,66,569

Aggregate Provision for diminution in value of investments NIL NIL
7,69,11,068 8,24,66,569

31.03.2015 31.03.2014
` `
NOTE: 9
LONG TERM LOANS AND ADVANCES
Considered good - Unsecured
Advances recoverable in cash or in kind or for value to be received 1,10,706 1,10,706
NOTE: 10
INVENTORIES: (Value of Lower of cost and Net realisable value)
Stores and Spares 60,86,820 48,84,961
Live Plants 19,90,205 29,20,515
Stock in Trade - Tissue Culture 15,31,840 12,21,380
96,08,865 90,26,856
NOTE: 11
TRADE RECEIVABLES
(a) Trade receivable outstanding for more than six
months from the date they become due for payment:
Unsecured Considered good Nil Nil
(b) Trade receivable (others)
Unsecured Considered good 1,88,44,383 1,52,23,285
1,88,44,383 1,52,23,285
NOTE: 12
CASH & CASH EQUIVALENT
Cash and Stamps on Hand 2,81,212 3,37,092
Balances with Banks
- In Current Account 21,70,623 42,45,033
- In Deposit Account 4,70,00,000 5,55,00,000
4,94,51,835 6,00,82,125
Balances with Banks
- In Dividend /Capital Account 24,93,575 20,73,185
- In Margin Money Deposit for Issue of Guarantee 2,00,000 8,11,150
26,93,575 28,84,335
5,21,45,410 6,29,66,460
Bank deposit with more than 12 months maturity 2,65,00,000 4,20,00,000
NOTE: 13
SHORT TERM LOANS & ADVANCES:
Considered good - Unsecured
Advances recoverable in cash or in kind or for value to be received 21,33,252 21,05,502
Others - Accrued Income 1,05,76,406 63,36,485
Tax payments pending adjustment 64,13,168 77,61,134
1,91,22,826 1,62,03,121
34
NOTES FORMING PART OF STATEMENT OF PROFIT AND LOSS

FOR THE YEAR ENDED 31ST MARCH, 2015
31.03.2015 31.03.2014
` `
NOTE: 14
REVENUE FROM OPERATIONS
Sales 11,09,54,620 10,49,68,173
Less: Duty on DTA Sales (9,44,780) (12,19,971)
Exchange Fluctuation Nil 19,01,506
Other Operating revenue 11,40,185 6,00,000
11,11,50,025 10,62,49,708
NOTE: 15
OTHER INCOME
Interest Received 86,95,679 59,23,019
Income from Investments 8,35,719 3,43,780
Profit on Sale/redemption of Investments 15,73,400 90,59,524
Profit on sale of assets 5,66,289 6,48,488
Miscellaneous Receipts 2,65,697 8,78,307
1,19,36,784 1,68,53,118
NOTE: 16
COST OF MATERIAL CONSUMED:
Consumption of Chemical, Stores and Plants 1,78,06,773 1,72,77,718
NOTE: 17
CHANGES IN INVENTORIES
(INCREASE) / DECREASE IN STOCK
TISSUE CULTURE - Live Plants
Opening Stock 41,41,895 36,54,101
Closing Stock 35,22,045 41,41,895
6,19,850 (4,87,794)
NOTE: 18
EMPLOYEE BENEFIT EXPENSES
Salaries, Wages and Bonus 4,65,16,754 3,87,11,114
Contribution to Provident & other Funds 44,52,990 42,59,618
Provision for Gratuity 4,86,646 (1,66,252)
Provision for Leave Encashment (95,575) 1,59,774
Welfare Expenses 24,76,253 21,10,742
5,38,37,068 4,50,74,996
35
NOTES FORMING PART OF STATEMENT OF PROFIT AND LOSS

FOR THE YEAR ENDED 31ST MARCH, 2015 (Contd.)
31.03.2015 31.03.2014
NOTE: 19 ` `
OTHER EXPENSES
Rent 15,56,476 14,87,495
Rates and Taxes 1,71,926 1,38,674
Insurance 3,94,796 3,87,578
Printing & Stationery 5,51,558 5,08,825
Postages and Telephones 7,46,609 4,87,250
Travelling and Conveyance 58,84,566 50,57,652
Freight and Transport 69,98,259 65,93,261
Power, Fuel and Water 1,05,60,783 86,27,306
Directors Sitting Fees 1,54,000 1,40,000
Remuneration to Auditors:
For Audit 5,00,000 5,00,000
For Certification/Tax Audit 2,15,000 1,90,000
For Tax Representation 1,60,000 1,60,000
For Travelling and Other Expenses 1,90,000 1,81,000
For Service Tax 1,31,634 1,27,432
Repairs and Maintenance:
Buildings 19,07,446 14,98,515
Machinery 34,14,664 23,41,526
Vehicles 16,06,643 20,78,492
Others 28,05,287 19,89,775
Exchange Fluctuations 12,32,283 -
Provision for diminition in value of investments 14,70,000 -
Legal & Professional Charges 8,10,529 10,83,508
Miscellaneous Expenses 21,37,719 21,01,951
4,36,00,178 3,56,80,240
NOTE: 20
FINANCE COST
Interest Expense 6,53,528 76,682
6,53,528 76,682
,
36
NOTES ON ACCOUNTS FOR THE YEAR ENDED 31st MARCH 2015 (Contd.)
NOTE - 21
Stores and Spares Consumed: Year Ended Year Ended
31.03.2015 31.03.2014
` % ` %
a) Imported 38,54,252 21.64 24,44,964 14.15
b) Indigenous 1,39,52,521 78.36 1,48,32,754 85.85
1,78,06,773 100.00 1,72,77,718 100.00
31.03.2015 31.03.2014
NOTE - 22 ` `
Earnings Per Share (EPS)
The following reflects the profit and share data used in the basic EPS computation:
Profit/(Loss) after tax (25,14,779) 1,56,94,368
Less: Dividends on convertible preference shares and tax thereon - -
Net profit/(Loss) for calculation of Basic EPS (25,14,779) 1,56,94,368
Net Profit as above - Net profit for calculation of diluted EPS (25,14,779) 1,56,94,368
Number of equity shares in calculating EPS 5,40,000 5,40,000
Basic EPS (4.66) 29.06
Diluted EPS (4.66) 29.06
NOTE - 23
Earnings in Foreign Exchange
FOB Value of Exports 7,97,52,965 7,06,22,363
NOTE - 24
Expenditure in Foreign Exchange:
Travelling 8,15,546 10,61,260
Freight and Transport Nil 65,840
Total 8,15,546 11,27,100
NOTE - 25
CIF Value of Imports:
Plants and seeds 37,54,130 43,20,421
Stores and Chemicals 44,11,105 25,11,408
Maintenance materials Nil 2,95,539
Total 81,65,235 71,27,368
NOTE - 26
The company has adopted the useful life of fixed assets for charging depreciation as prescribed in Schedule II of The
Companies Act 2013 with effect from 01.04.2014. As a result of the above change, the depreciation charge for the year
ended 31-03-2015 is higher by Rs. 33.72 lakhs with consequent effect on the Profit Before Tax by this amount. For the
tangible fixed assets that had completed useful life as at 01.04.2014, the carrying amount of Rs.1,16,382 has been
adjusted against the opening balance of retained earnings as per Note 7 of Part C of Schedule II of the Companies Act
2013.
37
NOTES ON ACCOUNTS FOR THE YEAR ENDED 31st MARCH 2015 (Contd.)
NOTE - 27
The Operations of the company relates to Tissue Culture of Live Plants which is the only business segment and therefore
no separate reporting is made.
NOTE - 28
RELATED PARTY TRANSACTIONS:
Following associate companies are related to the Company on account of common control through Constitution of
Board / Shareholdings:
A V Thomas & Company Limited Midland Latex Products Limited
A V Thomas International Limited The Highland Produce Company Limited
A V Thomas Investments Company Ltd The Rajagiri Rubber & Produce Co Ltd
The Midland Rubber & Produce Co Ltd Dalp Trading & Manufacturing Limited
The Nelliampathy Tea & Produce Co Ltd A V Thomas Leather & Allied Products Pvt Ltd
Neelamalai Agro Industries Limited A V Thomas Exports Limited
AVT Natural Products Limited Ajit Thomas Holdings Private Limited
AVT McCormick Ingredients Private Ltd Midland Corporate Advisory Services Private Ltd.
Teleflex Medical Private Limited Midland Natural Pte Limited
AVT Holdings Private Limited AVT Gavia Foods Pvt. Ltd.
AVT Natural Pte Ltd. AVT Tea Services Ltd., U.K.
AVT Wood Products Ltd. Dalp Benevolent Trust
AVTS2 Virtual Lifestyle Pvt Ltd. AVT Tea Services North America LLC
Key Management Personnel: Mr.Dilip Thomas, Chairman
Key Management Personnel

Particulars Associates
(Including Relatives)
31.03.2015 31.03.2014 31.03.2015 31.03.2014
` ` ` `
EXPENDITURE:
Rent 24,000 30,000
C & F charges paid 68,06,892 56,56,001
Purchases 75,797 92,336
Purchase of Assets Nil 8,40,000
Sitting Fees 1,05,000 98,000
Remuneration 12,30,000 5,90,000
Dividend 24,48,280 12,24,140 8,57,440 4,28,720
Common Utility Charges 60,000 60,000
INVESTMENTS:
Investment in Equity Shares Nil 24,50,000
BALANCE:
Debit balances Nil Nil
Credit balances 22,55,654 13,88,798
38
NOTES ON ACCOUNTS FOR THE YEAR ENDED 31ST MARCH 2015 (Contd.)
NOTE : 29
Employee Benefits:
The Company has adopted the Accounting Standard (AS)-15 (Revised) on Employee Benefits with effect
from 1st April 2007
i) Defined Benefit Plans:
a) Description of the Companys defined benefit plan:
i) Gratuity Scheme:
This is a funded defined benefit plan for qualifying employees for which, the Company makes contribution
to the Gratuity Fund managed by the Life Insurance Corporation of India. The scheme provides for
a lumpsum payment to vested employees at retirement, death while in employment or on termination
of employment. Vesting occurs upon completion of five years of service.
ii) Leave Encashment:
The company also operates a non funded leave encashment scheme for its employees.
b) Reconciliation of changes in the Present Value of Obligation:
31.03.2015 31.03.2014
Leave Leave
Gratuity Encashment Gratuity Encashment
Funded Non Funded Funded Non Funded
` ` ` `
Present Value of the Obligation as on 01.04.2013 1,18,24,488 41,40,976 1,08,81,984 39,81,202
Current Service Cost 6,25,197 2,48,694 6,76,986 2,88,331
Interest Cost 9,91,847 2,90,336 8,68,309 2,83,918
Benefits Paid (11,06,994) (16,83,402) (56,233) (8,64,466)
Actuarial loss / (gain) (94,600) 10,48,797 (5,46,558) 4,51,991
Present Value of the Obligation as on 31.3.15 1,22,39,938 40,45,401 1,18,24,488 41,40,976
c) Reconciliation of changes in the fair value of Plan Assets:

Fair Value of Plan Assets as on 01.04.2014 1,15,27,065 Nil 1,04,18,309 Nil
Expected return on plan assets 9,63,257 Nil 9,61,868 Nil
Contributions by Employer 70,175 16,83,402 2,44,045 8,64,466
Benefits Paid (11,06,994) (16,83,402) (56,233) (8,64,466)
Actuarial gain / (loss) 2,366 Nil (40,924) Nil
Fair Value of Plan Assets as on 31.03.2015 1,14,55,869 Nil 1,15,27,065 Nil
d) The total expense recognised in the profit and loss account is as follows:
Current Service Cost 6,25,197 2,48,694 6,76,986 2,88,331
Interest Cost 9,91,847 2,90,336 8,68,309 2,83,918
Expected return on plan assets (9,63,257) N.A (9,61,868) N.A
Net Actuarial (gain) / loss recognised in the year (96,966) 10,48,797 (5,05,634) 4,51,991
5,56,821 15,87,827 77,793 10,24,240
39
NOTE : 29 (Contd.)
Employee Benefits: (Contd.)
31.03.2015 31.03.2014
Leave Leave
Gratuity Encashment Gratuity Encashment
Funded Non Funded Funded Non Funded
` ` ` `
e) Reconciliation of Net Liability recognised on the Balance Sheet:
Net Liability as at the beginning of the year 2,97,423 41,40,976 4,63,675 39,81,202
Add: Expense as (d) above 5,56,821 15,87,827 77,793 10,24,240
Less: Employers Contribution / Payment 70,175 16,83,402 2,44,045 8,64,466
Net Liability as at the end of the year 7,84,069 40,45,401 2,97,423 41,40,976
f) Constitution of Plan Assets:

Investments in LIC Group Gratuity Scheme 1,14,55,869 N.A. 1,15,27,065 N.A.
g) Principal actuarial assumptions used as at the Balance Sheet date:

Discount Rate 7.70% 7.70% 8.80% 8.80%
Salary Escalation Rate 7.00% 7.00% 8.00% 8.00%
Attrition Rate 10.00% 10.00% 10.00% 10.00%
Expected rate of return on plan assets 9.00% NA 8.75% NA
The estimates of future salary increases, considered in actuarial valuation, take account of inflation, seniority, promotion and
other relevant factors such as demand and supply in the employment market.
h) The amounts pertaining to defined benefit plan are as follows:

31.03.2015 31.03.2014 31.03.2013 31.03.2012 31.03.2011
Gratuity Funded Plan
Defined Benefit Obligation 1,22,39,938 1,18,24,488 1,08,81,984 98,21,737 88,14,204
Plan Assets 1,14,55,869 1,15,27,065 1,04,18,309 91,36,667 71,52,310
Surplus / (Deficit) (7,84,069) (2,97,423) (4,63,675) (6,85,070) (16,61,894)
Experience adjustment - Plan Liability (94,600) (5,46,558) (89,922) (1,60,980) ( 3,98,728)
Experience adjustment - Plan Assets 2,366 (40,924) 7,569 (5,227) (1,273)
The Company expects to fund Rs.5 Lakhs towards its gratuity plan during the year 2015-16.
i) Defined Contribution Plans:

The Company makes contribution towards employees provident fund, family pension fund, superannuation
fund and employees state insurance scheme. Under the rules of these schemes, the Company is
required to contribute a specified percentage of payroll costs. The Company during the year recognised
Rs.43,52,990 as expenses towards contribution to these plans.
40
NOTE - 30
Due to Micro and Small Enterprises:
The Company has initiated the process of obtaining confirmation from suppliers who have registered themselves under
the Micro, Small and Medium Enterprises Development Act, 2006. Based on the information available with the Company,
the principal amount due to Micro & Small Enterprises as on 31.3.2015 is Rs.Nil (Previous Year Rs.NIL). There are no
overdue principal amounts and therefore no interest is paid or payable.
NOTE - 31
Accounting for Tax on Income:
The impact of deferred tax on income for the year is considered not material and hence not recognised.
NOTE - 32
Figures for the previous year are regrouped wherever considered necessary.
For SURI & CO.
41
CASH FLOW STATEMENT FOR THE YEAR ENDED 31ST MARCH 2015
Previous Year
` ` `
A. CASH FLOW FROM OPERATING ACTIVITIES :
NET PROFIT BEFORE TAX AND EXTRAORDINARY ITEMS ( 4,14,779) 2,15,94,368
ADJUSTMENTS FOR :
Depreciation 69,84,191 38,86,616
Profit on sale of Assets ( 5,66,288) ( 6,48,488)
Profit on sale of investments ( 15,73,400) ( 90,59,524)
Provision for Gratuity / Leave Encashment 3,91,071 ( 6,478)
Provision for bonus 30,780 72,250
Provision for diminution in value of investments 14,70,000
Interest Received ( 86,95,679) ( 59,23,019)
Income from Investments ( 8,35,719) ( 3,43,780)
Interest Paid 6,53,528 ( 21,41,516) 76,682
(1,19,45,741)
OPERATING PROFIT BEFORE WORKING CAPITAL CHANGES ( 25,56,295) 96,48,627
ADJUSTMENTS FOR :
Trade and other Receivables ( 36,21,098) ( 21,48,899)
Inventories ( 5,82,009) ( 3,02,799)
Trade Payables and other current liabilities 11,49,671 24,25,224
Other Current Assets 1,63,010 ( 15,28,193)
( 28,90,426)
CASH GENERATED FROM OPERATIONS ( 54,46,721) 80,93,961
Direct Taxes Paid ( 38,12,779) ( 40,76,836)
CASH FLOW BEFORE EXTRAORDINARY ITEMS ( 92,59,500) 40,17,125
Extraordinary Items Nil Nil
NET CASH FROM OPERATING ACTIVITIES ( 92,59,500) 40,17,125
B. CASH FLOW FROM INVESTING ACTIVITIES

Purchase of Fixed Assets (1,01,83,297) ( 38,41,835)
Sale of Fixed Assets 12,61,467 14,42,151
Profit on Sale of Investments/Assets 15,73,400 90,59,524
Investments made/Redeemed 55,55,501 (3,62,85,317)
Interest Received 44,55,758 33,12,255
Interest Paid ( 6,53,528) ( 76,682)
Income from Investments 8,35,719 3,43,780
NET CASH USED IN INVESTING ACTIVITIES 28,45,020 (2,60,46,124)
42
CASH FLOW STATEMENT FOR THE YEAR ENDED 31ST MARCH 2015 (Contd.)
Previous Year
` `
C. CASH FLOW FROM FINANCING ACTIVITIES
Proceeds from long term borrowings 21,01,920 17,02,581
Dividend Paid (63,17,730) (31,58,865)
NET CASH FROM FINANCING ACTIVITIES (42,15,810) (14,56,284)
NET INCREASE IN CASH AND CASH EQUIVALENTS (1,06,30,290) (2,34,85,283)

CASH AND CASH EQUIVALENTS AS AT BEGINNING OF THE YEAR 6,00,82,125 8,35,67,408
CASH AND CASH EQUIVALENTS AS AT END OF THE YEAR 4,94,51,835 6,00,82,125
(1,06,30,290) (2,34,85,283)
Vide our Report of date attached For and on behalf of the Board
For SURI & CO.
Firm Regn No.004283S
G.RENGARAJAN DILIP THOMAS M.K.KOSHY
Partner Chairman Director
Chennai Membership No.219922
8th July, 2015
AUDITORS CERTIFICATE
We have examined the aforesaid Cash Flow Statement of THE SHEVEROY ESTATES
LTD. for the year ended 31st March, 2008. The Statement has been prepared by
the Company in accordance with the requirements of listing agreement of clause
32 with Madras Stock Exchange and is based on and in agreement with the
corresponding Profit and Loss Account and Balance Sheet of the Company covered
by our report of even date to the members of the Company.
For SURI & CO.

S. GANESAN
Chennai Partner
28th June, 2008. Chartered Accountants
43
STATISTICS OF PROFITS, PROVISIONS, DIVIDENDS ETC.

(For the last 10 years)
Season Net Profit Provision for Allocation Dividends on

after to Reserve Equity shares
taxation Depreciation Taxation Funds
`. `. `. `. `. %
2005/2006 14,09,053 83,92,259 35,25,000 10,000 10,80,000 20
44
2006/2007 1,37,18,680 59,19,201 55,00,000 50,00,000 27,00,000 50
2007/2008 2,15,60,225 64,83,398 65,00,000 50,00,000 27,00,000 50
2008/2009 57,29,678 57,90,990 60,00,000 1,00,00,000 27,00,000 50
2009/2010 55,66,193 50,00,993 30,00,000 25,00,000 27,00,000 50
2010/2011 11,49,271 45,07,132 6,00,000 1,50,000 27,00,000 50
2011/2012 1,08,14,672 44,26,854 46,00,000 1,00,00,000 54,00,000 100
2012/2013 28,43,838 40,16,015 16,00,000 3,00,000 27,00,000 50
2013/2014 1,56,94,368 38,86,616 59,00,000 1,00,00,000 54,00,000 100
2014/2015 (25,14,779) 69,84,191 21,00,000 Nil 5,40,000 10 *
* Recommended
L.J. INTERNATIONAL LIMITED
CIN: L01131TN1943PLC002723
NO. 60, RUKMANI LAKSHMIPATHI SALAI, EGMORE, CHENNAI-600008
PROXY FORM
[Pursuant to section 105(6) of the Companies Act, 2013 and rule 19(3) of the Companies (Management and
Administration) Rules, 2014]
Name of the member (s) :

Registered address :
E-mail Id :
Folio No/ Client Id :
DP ID :
I/We, being the member (s) holding .. shares of the above named company, hereby appoint
1. Name :
Address :
E-mail Id :
Signature : ............ or failing him
2. Name :
Address :
E-mail Id :
Signature : ........ or failing him
3. Name :
Address :
E-mail Id :
Signature : ..........
as my/our proxy to attend and vote (on a poll) for me/us and on my/our behalf at the 72nd Annual general meeting of
the company, to be held on Monday, the 14th day of September 2015 at 12.30 P.M at its Registered Office at No.60,
Rukmani Lakshmipathi Salai, Egmore, Chennai-600008 and at any adjournment thereof in respect of such resolutions
as are indicated overleaf:
Signed this. day of . 2015

Affix
Revenue
Signature of shareholder Stamp
Signature of Proxy holder(s)
Note : This form of proxy in order to be effective should be duly completed and deposited at the Registered Office of
the Company, not less than 48 hours before the commencement of the Meeting.
Resolution Resolution Vote (Optional)
Number
Ordinary Business For Against Abstain
1. To adopt the Reports of the Directors, Auditors

and the Audited Accounts for the Financial year 2014-15
2. To declare dividend for the Financial year 2014-15
3. To elect Director in the place of Mrs. Dilip Thomas,

who retires by rotation and is eligible for re-appointment
4. To elect Director in the place of Mr. W.D.Nelson, who retires

by rotation and is eligible for re-appointment
5. To ratify the appointment of statutory Auditors

L.J. International Limited
60, Rukmani Lakshmipathi Salai, Egmore, Chennai-600008
CIN: L01131TN1943PLC002723
Dear Shareholders,
E-voting procedure
In compliance with provisions of Section 108 of the Companies Act, 2013 and Rule 20 of the Companies (Management
and Administration) Rules, 2014, the Company is pleased to provide Members facility to exercise their right to vote at
the 72nd Annual General Meeting (AGM) by electronic means and the business may be transacted through E-Voting
Services provided by Central Depository Services Limited (CDSL). The e-voting facility is available at
www.evotingindia.com.
Commencement of E-voting period and other E-voting instructions
(A) The voting period begins on 10th September, 2015 Thursday (9:00 a.m.) and ends on 13th September, 2015,
Sunday (5:00 p.m.). During this period shareholders of the Company, holding shares either in physical form or in
dematerialized form, as on the cut-off date of 7th September, 2015, may cast their vote electronically. The e-voting
module shall be disabled by CDSL for voting thereafter.
(B) Mr. V. Suresh, Practising Company Secretary (Membership No. FCS 2969) has been appointed as the Scrutiniser to
scrutinise the e-Voting process in a fair and transparent manner.
(C) The Results shall be declared within three days of conclusion of the meeting. The Results declared along with the
Scrutiniser's Report shall be placed on the Company's website www.avtbiotech.com and on the website of CDSL
immediately after the result is declared by the Chairman or a person authorised by him in writing who shall countersign
the same.
(D) In case you have any queries or issues regarding e-voting, you may refer the Frequently Asked Questions (FAQs)
and e-voting manual available at www.evotingindia.co.in under help section or write an email to
helpdesk.evoting@cdslindia.com
E-Voting Process
(i) Log on to the e-voting website www.evotingindia.com
(ii) Click on Shareholders tab.
(iii) Now, select the COMPANY NAME from the drop down menu and click on SUBMIT
(iv) Now Enter your User ID (For CDSL: 16 digits beneficiary ID, For NSDL: 8 Character DP ID followed by 8 Digits Client
ID, Members holding shares in Physical Form should enter Folio Number registered with the Company and then
enter the Captcha Code as displayed and Click on Login.
(v) If you are holding shares in Demat form and had logged on to www.evotingindia.com and voted on an earlier voting
of any company, then your existing password is to be used. If you are a first time user follow the steps given below.
(vi) Now, fill up the following details in the appropriate boxes:
For Members holding shares For Members holding shares
in Demat Form in Physical Form
PAN* Enter your 10 digit alpha-numeric *PAN issued by Income Tax Department
(Applicable for both demat shareholders as well as physical shareholders)
DOB# Enter the Date of Birth as recorded in your demat account or in the company
records for the said demat account or folio in dd/mm/yyyy format.
Dividend Enter the Dividend Bank Details as recorded in your demat account or in the
Bank Details# company records for the said demat account or folio.
* Members who have not updated their PAN with the Company/Depository Participant are requested to use the
first two letters of your name and the sequence number in the PAN field. Eg. If your name is Ramesh Kumar with
sequence number 1 then enter RA00000001 in the PAN field. (Sl. No. mentioned in your address label can be used
as Sequence No. for this purpose)
# Please enter any one of the details in order to login. Incase either of the details are not recorded with the
depository please enter the <Default Value> in the Dividend Bank details field.
(vii) After entering these details appropriately, click on SUBMIT tab.
(viii) Members holding shares in physical form will then reach directly the Company selection screen. However, members
holding shares in demat form will now reach Password Creation menu wherein they are required to mandatorily
enter their login password in the new password field. Kindly note that this password is to be also used by the
demat holders for voting for resolutions of any other company on which they are eligible to vote, provided that
company opts for e-voting through CDSL platform. It is strongly recommended not to share your password with
any other person and take utmost care to keep your password confidential.
(ix) For Members holding shares in physical form, the details can be used only for e-voting on the resolutions contained
in this Notice.
(x) Click on <Company Name> on which you choose to vote.
(xi) On the voting page, you will see Resolution Description and against the same the option YES/NO for voting.
Select the option YES or NO as desired. The option YES implies that you assent to the Resolution and option NO
implies that you dissent to the Resolution.
(xii) Click on the Resolutions File Link if you wish to view the entire Resolutions.
(xiii) After selecting the resolution you have decided to vote on, click on SUBMIT. A confirmation box will be displayed.
If you wish to confirm your vote, click on OK, else to change your vote, click on CANCEL and accordingly
modify your vote.
(xiv) Once you CONFIRM your vote on the resolution, you will not be allowed to modify your vote.
(xv) You can also take out print of the voting done by you by clicking on Click here to print option on the Voting
page.
(xvi) If Demat account holder has forgotten the changed password then Enter the User ID and Captcha Code click on
Forgot Password & enter the details as prompted by the system.
(xvii) Institutional shareholders (i.e. other than Individuals, HUF, NRI etc.) are required to log on to https://
www.evotingindia.co.in and register themselves as Corporates. After receiving the login details they have to link
the account(s) which they wish to vote on and then cast their vote. They should upload a scanned copy of the
Board Resolution and Power of Attorney (POA) which they have issued in favour of the Custodian, if any, in PDF
format in the system for the Scrutiniser to verify the same.

LJ International Annual Report 2014-2015

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LJ International Annual Report 2014-2015

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L.J.

AUDITORS Contents Page No.

BANKERS Auditors Report 18

Statement of Profit and Loss 23

REGISTRAR & SHARE TRANSFER AGENT

By Order of the Board

REPORT OF THE DIRECTORS

FINANCIAL RESULTS: (Rupees in lakhs)

Income from Operations and Other Income 1230.87 1231.03

By Order of the Board

I. REGISTRATION AND OTHER DETAILS:

II. PRINCIPAL BUSINESS ACTIVITIES OF THE COMPANY

III. PARTICULARS OF HOLDING, SUBSIDIARY AND ASSOCIATE COMPANIES

Sl. Name and Address of the CIN Holding/Subsidiary % of Shares Applicable

ii) Individual shareholders

80 1580 1660 0.31 180 1580 1760 0.33 0.02

C) Shares held by Custodian

ii) Shareholding of Promoters

A.V. Thomas Investments Co Ltd 103760 19.21 0 103760 19.21 0 0

iii) Change in Promoters Shareholding (please specify, if there is no change)

1. Mr. Dilip Thomas

(v) Shareholding of Directors and Key Managerial Personnel

Shareholding at the Cumulative Shareholding

VI. REMUNERATION OF DIRECTORS AND KEY MANAGERIAL PERSONNEL

B. Remuneration to other Directors : (` in Lakhs)

C. Remuneration to Key Managerial Personnel other than MD / Manager / WTD ( ` in Lakhs )

Sl. Particulars of Remuneration Key Managerial Personnel

VII. PENALTIES/PUNISHMENT/COMPOUNDING OF OFFENCES

Name of Associates/Joint Ventures AVT S2 VIRTUAL LIFESTYLE PRIVATE LIMITED

1. Latest audited Balance Sheet Date 31.03.2015

2. Shares of Associate/Joint Ventures held by the

Amount of Investment in Associates/Joint ` 24,50,000

Extend of Holding % 24.75%

5. Networth attributable to Shareholding as per ` 7,74,696

6. Profit / Loss for the year

7. Total Networth ` 31,30,404

Form No. AOC-2

For and on behalf of the Board of Directors

Neelamalai Agro Industries Ltd. Common Control through

INDEPENDENT AUDITORS REPORT

Report on Other Legal and Regulatory Requirements

For SURI & CO

ANNEXURE TO THE REPORT OF THE AUDITORS TO THE MEMBERS OF

ix) The company has not defaulted in repayment of dues to banks.

For SURI & CO

BALANCE SHEET AS AT 31ST MARCH 2015

NOTES Figures as at Figures as at

NOTES Figures for the Figures for the

NOTES ON ACCOUNTS FOR THE YEAR ENDED 31ST MARCH, 2015

NOTES ON ACCOUNTS FOR THE YEAR ENDED 31ST MARCH, 2015

NOTES ON ACCOUNTS FOR THE YEAR ENDED 31ST MARCH, 2015

NOTES FORMING PART OF BALANCE SHEET AS AT 31ST MARCH, 2015

b. ISSUED, SUBSCRIBED & PAID UP

c. Number of shares at the beginning of the year 5,40,000 5,40,000

d. Details of shareholders holding more than

Name of the shareholder 31.03.2015 31.03.2014

e. No Bonus / Buyback of share in last 5 years

NOTES FORMING PART OF BALANCE SHEET AS AT 31ST MARCH, 2015 (Contd.)

NOTES FORMING PART OF BALANCE SHEET AS AT 31ST MARCH 2015 (Contd.)

GROSS BLOCK DEPRECIATION NET BLOCK

As at Additions Deletions As at Up to For the Withdrawn Up to As at As at

NOTES FORMING PART OF BALANCE SHEET AS AT 31ST MARCH 2015 (Contd.)

NOTES FORMING PART OF BALANCE SHEET AS AT 31ST MARCH 2015 (Contd.)

NOTES FORMING PART OF BALANCE SHEET AS AT 31ST MARCH 2015 (Contd.)