gayatri projects limited - Edelweiss

Brief Financials(Rs. in Lakhs)Particulars 2002-03 2003-04 2004-05Sales - - -Other Income - - -Profit After Tax (2.23) (0.20) (0.10)Equity Share Capital * 0.02 0.02 1.00Reserves & Surplus (excl revaluation reserves and deferred tax reserve) 0.95 0.93 0.83Earning Per Share (Rs.) - - -Book Value/ Share (Rs.) 485.00 475.00 18.31Net Worth 0.97 0.95 1.83* Does not include Share Application Money.Sarita Construction Private Ltd. is not listed at any Stock Exchange neither it has any subsidiary. Sarita ConstructionPrivate Limited has not completed any public or right issuein the prceeding three years. It has not become sickunder the SICA and is not under windingup.Sarita Constructions Private Ltd. is being amalgamated with M/s Gayatri Hi-Tech Hotels Limited with effect from theappointed date as per the Order of the High Court of Andhra Pardesh dated July 21, 2006. The shareholders ofSarita Constructions Private Limited will be entitled to 3 equity shares of Rs. 10/- each fully paid up and 10optionally fully convertible debentures of Rs. 100/- each of Gayatri Hi-Tech Hotels Ltd. for every 1 equity sharesheld by them.5. M/s Chamundeswari Resorts Private LimitedThe Company was originally incorporated on February 18, 1992 under the name of Chamundeswari ResortsPrivate Limited in the state of Andhra Pradesh. The Company is in business of construction and running ofHospitality industry. However the company has not commenced any commercial activity.Shareholding Pattern as on August 31, 2006Sr. No. Name of the Shareholder No. of Equity Shares held1. Mr. T Subbarami Reddy 31,5192 Mr. T V Sandeep Reddy 1003 Ms. T. Indira 8,381Total 40,000Board of Directors1. Mr. J Brij Mohan Reddy2. Mr. R Hari babu105