1. P. T. O.
DALMIA SUGAR VENTURES LIMITED
DIRECTORS’ REPORT
For the year ended 31
st
March, 2010
Your Directors take pleasure in presenting the Third Annual Report of the Company
for the year ended 31
st
March, 2010.
WORKING RESULTS
During the year under review, the Company had participated in various bids for
taking certain sugar manufacturing units on lease in which it could not succeed. A net
loss of Rs. 53,529/- (previous year net loss of Rs.11,701/-) has been incurred during
the year, considering which, your Directors do not propose to recommend any
dividend.
DIRECTORS
Shri B.B. Mehta, Director of the Company, retire by rotation at the ensuing Annual
General Meeting and are eligible for re-appointment.
Shri J.H. Dalmia was co-opted as an Additional Director on the Board of Directors of
the Company on 27-10-2009 and he holds office till the conclusion of the ensuing
Annual General Meeting. The appointment of Shri J.H. Dalmia as Director of the
Company, liable to retire by rotation, is being proposed at the ensuing Annual

2. General Meeting and the Company has received Notice from a Member, together
with requisite deposit as envisaged in Section 257 of the Companies Act, 1956, to
the effect that he intends to move necessary Resolution proposing the appointment
of Shri J.H. Dalmia as Director of the Company.
The Company has obtained necessary intimation from Shri B.B. Mehta and Shri J.H.
Dalmia in terms of the Companies (Disqualification of Directors under Section
274(1)(g) of the Companies Act, 1956) Rules, 2003 to the effect that they have not
incurred any disqualification under section 274(1)(g) of the Companies Act, 1956 and
that they are eligible to be appointed/ re-appointed as Directors of the Company.
EMPLOYEES’ PARTICULARS
No employee was in receipt of remuneration in excess of the amounts mentioned
under Section 217 (2A) of the Companies Act, 1956.
ENERGY CONSERVATION, TECHNOLOGY ABSORPTION, FOREIGN
EXCHANGE TRANSACTIONS AND OUTGO
As the Company has not yet started any manufacturing activity, the details of
Conservation of Energy, Technology Absorption and Foreign Exchange transactions,
in accordance with the Companies (Disclosure of particulars in the Report of the
Board of Directors) Rules, 1988 are Nil.
2
DIRECTORS RESPONSIBILITY STATEMENT
In terms of the provisions of Section 217(2AA) of the Companies Act, 1956, your
Directors declare that:
(a) in the preparation of the annual accounts, the applicable Accounting
Standards have been followed and no departures have been made there

3. from;
(b) 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 loss of the Company for
that period;
(c) the Directors had taken proper and sufficient care for the 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; and
(d) the Directors had prepared the annual accounts on a going concern basis.
AUDITORS
M/s. V. Sankar Aiyar & Co., Chartered Accountants, Auditors of the Company retire
at the conclusion of the ensuing Annual General Meeting and are eligible for re-appointment.
The Company has obtained a certificate from the auditors, as required
under Section 224 of the Companies Act, 1956 to the effect that their re-appointment,
if made, would be in conformity with the limits, specified in the said Section.
For and on behalf of the Board
New Delhi Sd/-
Dated: 14-05-2010 DIRECTORS