gayatri projects limited - Edelweiss

GAYATRI PROJECTS LIMITEDMATERIAL DEVELOPMENTSSignificant development since the last audited balance sheet as on March 31, 2006 till the date of ProspectusNo circumstances have arisen since the date of last financial statement until the date of filing of this Prospectus with SEBI,which materially and adversely affect or is likely to affect the operations or profitability of our Company, or value of its assets,or its ability to pay its liability within next twelve months.There is no subsequent development after the date of the Auditor’s Report, which will have a material impact on the reserves,profits, earnings per share and book value of the Equity Shares of our Company.118