Directors Report of Millennium Cybertech Ltd.

Mar 31, 2014

Dear Members,

The Directors have pleasure in presenting their 27TH Annual Report together with the Audited statement of accounts for the year ended 31st March 2014.

FINANCIAL RESULTS (Amt.in Rupees)

PARTICULARS 2013-14 2012-13

Turn Over 361000 884100

Expenditure 338490 852314

Profit/Loss before Tax 22510 31786

Less: Provision for Taxation - 10500

Profit/(Loss) after Tax 22510 21286

DIVIDEND

The Board of Directors do not recommend any dividend for 2013-14.

OPERATIONS.

During the year 2013-2014, the company was in process of restructuring its activities. The Company has undertaken certain activities in the area of software development, marketing and Service. It is also venturing into film and the related activities.

DIRECTORS.

During the year under review Sushma Raval, Retire by rotation and being eligible offers herself for reappointment.

During the year Vishal Shah resigned and in his place Darshan Bhatt has been appointed as additional director of the company on 01/02/2014.

AUDITORS

M/s. Mehul & Associates, Chartered Accountants, retire as Auditors of the Company at the ensuing Annual General Meeting but shown their unwillingness to continue to be the auditors of the company for the F.Y. 2014-2015 hence the company approached another auditor firm M/s Harshit Shah & Associates, Chartered Accountants, Vadodara and after receipt of the consent from them, the Board of Directors of the Company appointed them as statutory auditors of the company for the audit of F.Y. 2014-2015 subject to approval of the share holders in their AGM.

CORPORATE GOVERNANCE

Certificate of Auditors of the Company regarding compliance of the conditions of Corporate Governance as stipulated in clause 49 of the Listing Agreement with Stock Exchange, is enclosed.

MANAGEMENT DISCUSSION AND ANALYSIS

Management Discussion and Analysis forms part of the Corporate Governance Report.

FIXED DEPOSITS

The Company have not accepted any deposit u/s. 58A of the Co. Act, 1956 from the public during the year under review.

PARTICULARS OF EMPLOYEES

The company do not have any employees of the category specified in Section 217 (2-A) of the Companies Act, 1956 read with the (Companies Particulars of Employees) Rules, 1975.

CONSERVATION OF ENERGY AND TECHNOLOGY ABSORBTION

The Company has no activities relating to conservation of energy, technology absorption.

FOREIGN EXCHANGE EARNIGS AND OUTGO

Foreign Exchange Earnings : NIL

Foreign Exchange Outgo : NIL

DIRECTOR''S RESPONSIBILITY STATEMENT

Pursuant to the requirements under section 217 (AA) of the Companies Act, 1956 with respect to Directors Responsibility, it is hereby confirmed:

1) That in the preparation of the annual accounts, the applicable accounting standards have been followed.

2) That the Directors have selected such accounting policies and have applied them consistently and made judgment 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 for the profit and loss of the company for that period.

3) That the Directors have taken proper and sufficient care for the maintenance of adequate accounting records in accordance with the assets of the company and for detecting fraud and other irregularities.

4) That the Directors has prepared the accounts on a going concern basis.

LISTING AGREEMENT COMPLIANCE

Equity Shares are listed on the Stock Exchanges at Mumbai, The Calcutta Stock Exchanges and M.P. Stock Exchanges.

INDUSTRIAL RELATIONS

Industrial relations continued to be cordial throughout the year.

ACKNOWLEDGEM ENT

Your Directors would like to express their grateful appreciation of the assistance and cooperation received from all its Bankers. The Directors also acknowledge with thanks the continued support and confidence reposed in the management by the Company''s shareholders, customers and suppliers.

Your Directors wish to place on record their deep sense of appreciation for the devoted services of the executives and staff for its success.

Place : Mumbai By Order of the Board

Date : 01/08/2014 For MILLENNIUM CYBERTECH LIMITED

Sd/-

DARSHAN BHATT Chairman

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Mar 31, 2013

The Directors have pleasure in presenting their 27TH Annual Report together with the Audited statement of accounts for the year ended 31st March 2013.

FINANCIAL RESULTS (Amt. in Rupees)

PARTICULARS 2012-13 2011-12

Turn Over 884100 448,892

Expenditure 852314 426,267

Profit/Loss before Tax_ 31786 22,625

Less: Provision for Taxation 10500 0

Profit/(Loss) after Tax 21286 22,625

DIVIDEND

The Board of Directors do not recommend any dividend for 2012-13.

OPERATIONS.

During the year 2012-2013, the company was in process of restructuring its activities. The Company has undertaken certain activities in the area of software development, marketing and Service. It is also venturing into film and the related activities.

DIRECTORS.

During the year under review Vishal Shah, Retire by rotation and being eligible offers himself for reappointment.

During the year Deepak Chanana, Jikesh Shah and Sanjay Savani have resigned and in their place, Chandulal Sanghavi and Sushma Raval inducted in the board of directors of the company.

AUDITORS

M/s. Mehul & Associates, Chartered Accountants, retire as Auditors of the Company at the ensuing Annual General Meeting and are eligible for reappointment. The notes to accounts referred" to in the Auditors Report is self-explanatory and therefore do not call for any further comments.

CORPORATE GOVERNANCE

Certificate of Auditors of the Company regarding compliance of the conditions of Corporate Governance as stipulated in clause 49 of the Listing Agreement with Stock Exchange, is enclosed.

MANAGEMENT DISCUSSION AND ANALYSIS

Management Discussion and Analysis forms part of the Corporate Governance Report.

FIXED DEPOSITS

The Company have not accepted any deposit u/s. 58A of the Co. Act, 1956 from the public during the year under review.

PARTICULARS OF EMPLOYEES

The company do not have any employees of the category specified in Section 217 (2-A) of the Companies Act, 1956 read with the (Companies Particulars of Employees) Rules, 1975.

CONSERVATION OF ENERGY AND TECHNOLOGY ABSORBTION

The Company has no activities relating to conservation of energy, technology absorption.

FOREIGN EXCHANGE EARNIGS AND OUTGO

Foreign Exchange Earnings : NIL

Foreign Exchange Outgo : NIL

DIRECTOR''S RESPONSIBILITY STATEMENT

Pursuant to the requirements under section 217 (AA) of the Companies Act, 1956 with respect to Directors Responsibility, it is hereby confirmed:

1) That in the preparation of the annual accounts, the applicable accounting standards have been followed.

2) That the Directors have selected such accounting policies and have applied them consistently and made judgment 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 for the profit and loss of the company for that period.

3) VThat the Directors have taken proper and sufficient care for the maintenance of adequate accounting records in accordance with the assets of the company and for detecting fraud and other irregularities. 4} That the Directors has prepared the accounts on a going concern basis.

LISTING AGREEMENT COMPLIANCE

Equity Shares are listed on the Stock Exchanges at Mumbai, The Calcutta Stock Exchanges and M.P. Stock Exchanges.

INDUSTRIAL RELATIONS

Industrial relations continued to be cordial throughout the year.

ACKNOWLEDGEMENT

Your Directors would like to express their grateful appreciation of the assistance and cooperation received from all its Bankers. The Directors also acknowledge with thanks the continued support and confidence reposed in the management by the Company''s shareholders, customers and suppliers.

Your Directors wish to place on record their deep sense of appreciation for the devoted services of the executives and staff for its success.

Place : Mumbai By Order of the Board

Date : 01/08/2013 For MILLENNIUM CYBERTECH LIMITED

Sd/-

SUSHMA RAVAL

Chairman

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Mar 31, 2012

The Directors have pleasure in presenting their 26th Annual Report together with the Audited statement of accounts for the year ended 31st March 2012.

FINANCIAL RESULTS (Amt. in Rupees)

PARTICULARS 2011-12 2010-11

TurnOver 448,892 907944

Expenditure 426,267 683,773

Profit/Loss before Tax 22,625 224,171

Less: Provision for Taxation 0 0

Profit/(Loss) after Tax 22,625 22,4171

DIVIDEND

The Board of Directors do not recommend any dividend for 2011-12.

OPERATIONS.

During the year 2011-12, the company was in process of restructuring its activities. The Company has undertaken certain activities in the area of software development, marketing and Service. It is also venturing into film and the related activities.

DIRECTORS.

During the year under review Jikesh Shah, Retire by rotation and being eligible offers himself for reappointment.

Mr.Vishal Kumar shah who have been appointed as an additional director on 15/02/2012, in respect of whom company received a notice for his appointment seeks the appointment as a director liable to retire by rotation.

AUDITORS

M/s. Mehul & Associates, Chartered Accountants, retire as Auditors of the Company at the ensuing Annual General Meeting and are eligible for reappointment. The notes to accounts referred to in the Auditors Report is self-explanatory and therefore do not call for any further comments.

CORPORATE GOVERNANCE

Certificate of Auditors of the Company regarding compliance of the conditions of Corporate Governance as stipulated in clause 49 of the Listing Agreement with Stock Exchange, is enclosed.

MANAGEMENT DISCUSSION AND ANALYSIS

Management Discussion and Analysis forms part of the Corporate Governance Report.

FIXED DEPOSITS

The Company have not accepted any deposit u/s. 58A of the Co. Act, 1956 from the public during the year under review.

PARTICULARS OF EMPLOYEES

The company do not have any employees of the category specified in Section 217 (2-A) of the Companies Act, 1956 read with the (Companies Particulars ofEmployees) Rules, 1975.

CONSERVATION OF ENERGY AND TECHNOLOGY ABSORBTION

The Company has no activities relating to conservation of energy, technology absorption.

FOREIGN EXCHANGE EARNIGS AND OUTGO Foreign Exchange Earnings : NIL

Foreign Exchange Outgo : NIL

DIRECTOR'S RESPONSIBILITY STATEMENT

Pursuant to the requirements under section 217 (AA) of the; Companies Act, 1956 with respect to Directors Responsibility, it is hereby confirmed:

1) That in the preparation of the annual accounts, the applicable accounting standards have been followed. ,

2) That the Directors have selected such accounting policies and have applied them consistently and made judgment 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 for the profit and loss of the company for that period.

3) That the Directors have taken proper and sufficient care for the maintenance of adequate accounting records in accordance with the assets of the company and for detecting fraud and other irregularities.

4) That the Directors has prepared the accounts pn a going concern basis.

LISTING AGREEMENT COMPLIANCE

Equity Shares are listed on the Stock Exchanges at Mumbai, The Calcutta Stock Exchanges and M.P. Stock Exchanges.

INDUSTRIAL RELATIONS

Industrial relations continued to be cordial throughout the year.

ACKNOWLEDGEMENT

Your Directors would like to express their grateful appreciation of the assistance and cooperation received from all its Bankers. The Directors also acknowledge with thanks the continued support and confidence reposed in the management by the Company's shareholders, customers and suppliers.

Your Directors wish to place on record their deep sense of appreciation for the devoted services of the executives and staff for its success.

By Order of the Board of Directors

EB For MILLENNIUM CYBERTECH LIMITED

SD/-

SANJAY SAVANI

PLACE :MUMBAI Chairman

DATE : 31-8-2012

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Mar 31, 2010

The Directors have pleasure in presenting their 23rd Annual Report together with the Audited statement of accounts for the year ended 31st March 2010.

FINANCIAL RESULTS (Amt. in Rupees)

PARTICULARS 2009-10 2008-09

TurnOver 2126991 1701206

Expenditure 1256737 1375416

Profit/Loss before Tax 870254 325790

Less: Provision for Taxation 137880 38952

Profit/(Loss) after Tax 732374 286838

Add: Balance Brought forward from Previous Year (925335) (1212173)

Balance to be Carried Forward (192961) (925335)

DIVIDEND

The Board of Directors do not recommend any dividend for 2009-10.

OPERATIONS

The Companys Operating Results for the year are showing Net Profit substantially increased as compared to the last year. During, the year 2009-2010, the company was in process of restructuring its activities. The Company has undertaken certain activities in the area of software and as per plans, it is proposed to enter into film and the related activities.

DIRECTORS

During the year under review Deepak Chanana retires by rotation and being eligible offers himself for reappointment. In addition, Mr. Jikesh Shah appointed as director of the company due to resignation of Mr. Dhananjay Prasad.

AUDITORS

M/s. .Mehul & Associates, Chartered Accountants, retire as Auditors of the Company at the ensuing Annual General Meeting and- are eligible for reappointment. The notes to accounts referred to in the Auditors Report is self-explanatory and therefore do not call for any further comments.

CORPORATE GOVERNANCE

Certificate of Auditors of the Company regarding compliance of the conditions of Corporate Governance as stipulated in clause 49 of the Listing Agreement with Stock Exchange, is enclosed.

MANAGEMENT DISCUSSION AND ANALYSIS

Management Discussion and Analysis forms part of the Corporate Governance Report.

FIXED DEPOSITS

The Company have not accepted any deposit u/s. 58A of the Co. Act, 1956 from the public during the year under review.

PARTICULARS OF EMPLOYEES

The company do not have any employees of the category specified in Section 217 (2-A) of the Companies Act, 1956 read with the (Companies Particulars of Employees) Rules, 1975.

CONSERVATION OF ENERGY AND TECHNOLOGY ABSORBTION

The Company has no activities relating to conservation of energy, technology, absorption.

FOREIGN EXCHANGE EARNIGS AND OUTGO

Foreign Exchange Earnings : NIL

Foreign Exchange Outgo : NIL

DIRECTORS RESPONSIBILITY STATEMENT

Pursuant to the requirements under section 217 (AA) of the Companies Act, 1956 with respect to Directors Responsibility, it is hereby confirmed:

1) That in the preparation of the annual accounts, the applicable accounting standards have been followed.

2) That the Directors have selected such accounting policies and have applied them consistently and made judgment 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 for the profit and loss of the company for that period.

3) That the Directors have taken proper and sufficient care for the maintenance of adequate accounting records in accordance with the assets of the company and for detecting fraud and other irregularities.

4) That the Directors has prepared the accounts on a going concern basis.

LISTING AGREEMENT COMPLIANCE

Equity Shares are listed on the Stock Exchanges at Mumbai, The Calcutta Stock Exchanges and M.P. Stock Exchanges.

INDUSTRIAL RELATIONS

Industrial relations continued to be cordial throughout the year.

ACKNOWLEDGEMENT

Your Directors would like to express their grateful appreciation of the assistance and cooperation received from all its Bankers. The Directors also acknowledge with thanks the continued support and confidence reposed in the management by the Companys shareholders, customers and suppliers.

Your Directors wish to place on record their deep sense of appreciation for the devoted services of the executives and staff for its success.

Place : Mumbai By Order of the Board

Date : 29/08/2010 for MILLENNIUM CYBERTECH LIMITED

Sd/-

Chairman