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Not enough for the existing business , koi loan nhi de raha.

Specific Right Issue

To raise the paid up capital of the company by issuing 85.8 million

ordinary shares of Rs. 10/- each

at 50% discount i.e. at Rs. 5/- per share otherwise than right to
Directors/Sponsors in accordance

with section 86(1) of the companies ordinance 1984 by passing the

following special resolution

either with or without modification

getting money from existing share holders

W - The net Sales of the company decreased marginally by 3.81% in

comparison to last year due to the delay

in operating the plastic shells manufacturing.

W - The loss during the year is attributed mainly to the increase

in cost of production,

firstly sales were down and over that cost is also increased so the
cushion of profit decreased heavily
W- heavy financial cost and increased depreciation charge. Ye kiu krte
hai?

W- The cost of Raw materials

particularly soda ash reached its peak,

T - as well as prolonged stoppage of gas during winter season a seasonal

thread on its wayǥ production will be down as well as cost of OH will
increase, fixed cost will be hard to cover.

W - increase in energy tariffs also contributed heavily in the operational

losses of the company.

W - During the year your company faced technical/operational issues

due to which the efficiency of the units was not up to the mark.why? its
an old firm, then why it doesnot have skilled employee.

O - Despite of heavy operational losses directors & management team is

completely

committed to resolve technical issues by hiring skilled manpower, good,

but who will pay them, already itǯs a sinking ship n you are putting more
burden on it.
O - as well as technical collaboration

plans are also under active consideration to ensure efficient operations

of units. Nic e but how will you pay them? Or what is your
consideration(item of mutual exchange).



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