DIRECTORS

Name :	Mr. Salvekar Satish Dattatraya
Designation :	Director
Address :	Sagar Miskin Road, Ahmednagar 414003, Maharashtra , India
Date of Birth/Age :	1968/12/15
Date of Appointment :	1998/09/25
Name :	Mrs. Vasudha Girish Salvekar
Designation :	Director
Address :	Sagar Miskin Road, Ahmednagar 414003, Maharashtra , India
Date of Birth/Age :	1969/04/24
Date of Appointment :	2002/02/18
Name :	Mr. Hemant Mukund Kale
Designation :	Director
Address :	Guimohar Siddhi Vinayak Colony, Ahmednagar 414003, Maharashtra , India
Date of Birth/Age :	1952/01/30
Date of Appointment :	1995/09/30
Name :	Mr. Murlidhar Yashwant Kulkarni
Designation :	Director
Address :	103/7, Manoyash, Gulmohar Road, Ahmednagar 414003, Maharashtra , India
Date of Appointment :	2001/06/18
Name :	Mr. Satish Salvekar
Designation :	Director
Qualification :	C A

Products :

Gate Valves

Bronze Globe Valves

Ferrous-Non Ferrous Castings

Strainers

Relief Safety Valve

Bronze Steam Valve

Cast Iron Steam Valves

PRODUCTION STATUS

Particulars	Unit	Licensed Capacity	Installed Capacity	Actual Production
Non Ferrous Alloys	Tons	750	300
Non Ferrous Castings	Tons	600	250
Special Purpose Valves	KG	25000	5000	2106
Grey Iron Castings	Ton	1200	1200

Customers :

Thermax Limited

Schrader Duncan Limited

Thermax Babcock and Wilcox Limited

Maxima Boilers Limited

Crompton Greaves Limited

Neotech Systems

Bharat Bijlee Limited

Fuelpack Boiler

Pembril Engineering Private Limited (Greaves Group)

Micro Dynamics Limited

Bankers :

Ahmednagar Sahar Sahakari Bank Limited

Sarvarth, Navi Peth, MIDC, Ahmednagar 414111, Maharashtra

[all figures are in Rupees Millions]

PROFIT & LOSS ACCOUNT

Particulars	2008/03/31	2007/03/31	2006/03/31
Sales Turnover	61.261	59.477	40.338
Other Income	4.335	0.424	0.176
Total Income	65.596	59.901	40.514
Profit/(Loss) Before Tax	1.033	1.170	1.360
Provision for Taxation	0.000	0.000	0.00
Profit/(Loss) After Tax	1.033	1.170	1.360
Expenditures :
Raw Material Consumed	34.203	33.141	0.000
Consumption of Stores and spares parts	5.806	4.902	0.000
Salaries, Wages, Bonus, etc.	5.190	4.691	2.759
Increase or decrease in finished goods, work in progress	0.000	0.000	2.227
Managerial Remuneration	0.840	0.840	0.660
Payment to Auditors	0.036	0.029	0.032
Interest	1.197	1.102	0.725
Insurance Expenses	0.024	0.026	0.017
Power & Fuel	8.240	6.817	3.129
Depreciation & Amortization	0.942	0.662	0.397
Other Expenditure	8.085	6.521	29.208
Total Expenditure	64.563	58.731	39.154