Directors Report of P M Telelinks Ltd.

Mar 31, 2024

Your directors have the pleasure in presenting the 44^th Annual Report along with the Audited Financial
Statements, Auditor’s Report on the business and operations of your company for the financial year ended
March 31^st, 2024.

Financial Results

The financial performance of the Company for the financial year ended March 31, 2024 is summarized
below:

Particulars	2023-24	2022-23
Revenue from operations	3,067.93	3,201.74
Other Income	-	-
Total Revenue	3,067.93	3,201.74
Total Expenditure	3,057.35	3178.63
Profit/(Loss) before exceptional and extra-ordinary	10.58	23.11
items and taxes
Exceptional Items	-	-
Tax Expense
Current Tax	1.80	5.82
Deferred Tax	0.087	0.98
Profit/(Loss) after Tax	7.92	16.39
Earnings per equity shares in Rs.	0.08	0.16

Review of Performance and state of the company’s affairs

During the year under review, the overall performance of the Company was reasonable considering to the
sector/market conditions. The earnings from operations are Rs. 3,067.93 lakhs as against the previous year of
Rs. 3,201.74 lakhs. Simultaneously, profit after tax of the company was decreased to Rs. 7.92 lakhs as
against the profit after tax of the previous year Rs. 16.39 lakhs.

Dividend

In view of the planned business growth, your directors deem it proper to preserve the resources of the
Company for its activities and therefore, do not propose any dividend for the Financial Year ended 31st
March, 2024.

Reserves

The Company has transferred INR 7.92 lakhs to Reserves during the financial year 2023-24.

Share Capital

During the year under review, there has been no change in the Share Capital of the Company.

The Authorized Share Capital of the company is Rs. 12,00,00,000/- (Rupees Twelve Crores only) divided
into 1,20,00,000 Equity Shares of Rs. 10./- (Rupees Ten only) each.

The Issued, Subscribed and Paid-up Capital of the Company as on 31^st March, 2024 is Rs. 10,07,50,000 (Ten
Crore Seven Lakhs Fifty thousand) divided into 10,075,000 Equity Shares of Rs. 10./- (Rupees Ten only)
each. During the period under review there is no change in authorized and paid-up share capital of the
Company.

The Company has not issued any shares with differential rights and hence no information as per provisions
of Section 43(a) (ii) of the Companies Act, 2013 read with Rule 4(4) of the Companies (Share Capital and
Debenture) Rules, 2014 is furnished.

Listing

The Securities Exchange Board of India (SEBI), on September 02^nd 2015, has issued SEBI (Listing
Obligations and Disclosure Requirements) Regulations, 2015 with an aim to consolidate and streamline the
provisions of listing agreement for different segments of capital market to ensure better enforceability. The
said regulations were effective from December 1^st, 2015. Accordingly, all listed entities were required to
enter into the Listing Agreement within 6 months from the effective date. The Company entered into listing
agreement with the BSE Limited.

The Company confirms that it has paid the Annual Listing Fees for the year 2023-24 BSE where the
Company’s Shares are listed.

Directors & Key Managerial Personnel:

The Board of Directors of your company is duly constituted. The Board consists of Four Directors
comprising of One Executive Director Three Non-Executive Director, and Two Independent Directors.

The Board is efficient and the directors have requisite knowledge and exposure to provide requisite insights
and direction to the Management of the Company.

The Directions given to the management are actually implemented and executed through the Managing
Director and Whole Time Director.

With this structure, the management has ensured that the board is independent of the management in decision
making and provides the requisite insights of the various external factors which the internal employees do
not have access to.

Your directors believe that the Board must consciously create a culture of leadership to provide a long-term
vision and policy approach to improve the quality of governance. The Board’s actions and decisions are
aligned with the Company’s best interests.

The company has maintained an optimum combination of Executive and Non-Executive Directors.

The composition of the Board, Category, DIN of Directors are as follows:

S.

Name of the Director

Designation

DIN

No.
1.	Mr. Ravi Surana Pukhraj	Managing Director & CEO	01777676
2.	Ms. Venkata Surya Sri Lakshmi Malapaka	Non-Executive Director	07169994
3.	Mr. Kadakia Amish Bharat	Non-Executive Independent Director	06995671
4.	Mr. Patlolla Laxmi Kanth Reddy	Non-Executive Independent Director	08700773

Proposed Appointments

1. Ms. Venkata Surya Sri Lakshmi Malapaka who was liable to retire by rotation was proposed to be
appointed as director of the company in this Annual general meeting of the company.

The following are the Key Managerial personnel of the Company as on 31.03.2024:

S. No	Name	Designation
1.	Mr. Pratik Rajendrakumar Koralwala	Company Secretary
2.	Mr. Sree Jithender Kondabathini	Chief Financial Officer
3.	Mr. Ravi Surana Pukhraj	Managing Director & Chief Executive Officer

Number of meetings of the board:

The Board has duly met 4 (Four) times during the period under review. The gap between any two Board
Meetings is within the period prescribed by the Companies Act, 2013 and Listing Agreement. and the details
of meetings are as follows:

S. No	Date of Board meeting
1	30/05/2023
2	14/08/2023
3	08/11/2023
4	13/02/2024

Declarations by Independent Directors:

The Company has received declarations form the Independent Director under Section 149(6) of the
Companies Act, 2013 confirming their independence vis-a-vis the Company.

Board evaluation and assessment:

The company believes formal evaluation of the board and of the individual directors, on an annual basis, is a
potentially effective way to respond to the demand for greater board accountability and effectiveness. For the
company, evaluation provides an ongoing means for directors to assess their individual and collective
performance and effectiveness. In addition to greater board accountability, evaluation of board members
helps in:

a. More effective board process

b. Better collaboration and communication

c. Greater clarity with regard to members roles and responsibilities

d. Improved chairman - managing directors and board relations

The evaluation process covers the following aspects

- Self-evaluation of directors

- Evaluation of the performance and effectiveness of the board

- Evaluation of the performance and effectiveness of the committees

- Feedback from the non-executive directors to the chairman

- Feedback on management support to the board.

Familiarisation Programme for Independent Directors

The Company shall through its Senior Managerial personnel familiarise the Independent Directors with the
strategy, operations and functions of the Company. The Independent Directors will also be familiarised with
their roles, rights and responsibilities and orientation on Statutory Compliances as a Board Member.

On appointment of the Independent Directors, they will be asked to get familiarised about the Company’s
operations and businesses. An Interaction with the key executives of the Company is also facilitated to make
them more familiar with the operations carried by the company. Detailed presentations on the business of the
company are also made to the Directors. Direct meetings with the Chairman and the Managing Director are
further facilitated for the new appointee to familiarize him/her about the Company/its businesses and the
group practices as the case may be and link is available at the website www .pmtele. com.

Appointment and Remuneration Policy

The Company’s remuneration policy is driven by the success and performance of the individual employee
and the Company. Through its compensation programme, the Company endeavours to attract, retain, develop
and motivate a high-performance workforce. The Company follows a compensation mix of fixed pay,
benefits and performance based variable pay. Individual performance pay is determined by business
performance and the performance of the individuals measured through the annual appraisal process.

The Board on the recommendation of the Nomination & Remuneration Committee framed a policy for
selection and appointment of Directors, Senior Management and their remuneration including criteria for
determining qualifications, positive attributes and independence of a director. The Remuneration Policy is
available on the website of the Company viz. www.pmtele.com.

Directors’ Responsibility Statement

Pursuant to the requirement under section 134 (3) and (5) of the Companies Act 2013, with respect to
Directors’ Responsibility Statement, your board of directors to the best of their knowledge and ability
confirm that:

a. in the preparation of the annual accounts, the applicable accounting standards had been followed
along with proper explanation relating to material departures;

b. such accounting policies have been selected and applied consistently and the Directors made
judgments and estimates that are reasonable and prudent so as to give a true and fair view of the
state of affairs of the Company as at 31^st March, 2024 and of the profit/loss of the Company for that
year;

c. proper and sufficient care was taken for the maintenance of adequate accounting records in
accordance with the provisions of this Act for safeguarding the assets of the Company and for
preventing and detecting fraud and other irregularities;

d. the annual accounts of the Company have been prepared on a going concern basis;

e. internal financial controls have been laid down to be followed by the Company and that such
internal financial controls are adequate and were operating effectively;

f. proper systems have been devised to ensure compliance with the provisions of all applicable laws
and that such systems were adequate and operating effectively;

Constitution and Composition of Committees

The Audit Committee of the company is duly constituted as per section 177 of the Companies Act, 2013.
Composition and Scope of Audit Committee is provided under the Corporate Governance report annexed
herewith.

Audit Committee

1. Mr. Kadakia Amish Bharat - Chairman

2. Mr. Patlolla Laxmi Kanth Reddy - Member

3. Mr. Ravi Surana Pukhraj - Member

COMMITTEES OF THE BOARD:

The Nomination & Remuneration Committee along with Stakeholders Relationship committee is constituted
as per the applicable provisions and its composition is as follows:

Nomination & Remuneration Committee cum Compensation Committee

1. Mr. Kadakia Amish Bharat - Chairman

2. Mr. Patlolla Laxmi Kanth Reddy - Member

3. Ms. Malapaka Venkata Surya Lakshmi - Member

Stakeholders Relationship Committee

1. Mr. Kadakia Amish Bharat - Chairman

2. Mr. Patlolla Laxmi Kanth Reddy - Member

3. Mr. Ravi Surana Pukhraj - Member

Corporate Governance

In pursuance of Regulation 15 to 27 read with Schedule V of SEBI (Listing Obligations & Disclosure
Requirements) Regulations, 2015, entered into with the Stock Exchanges, Corporate Governance report shall
applicable to the company for the financial year ended 31^st March, 2024.

However, in pursuance of Schedule V of SEBI (Listing Obligations & Disclosure Requirements)
Regulations, 2015, a certificate from Mr. N.V.S.S. Suryanarayana, Practicing Company Secretary, (Mem No.
5868 & Certificate of Practice Number 2886) in compliance with (i) of Point (10) of Para C of Schedule V of
Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations,
2015 is annexed as Annexure-II & III and forms part of this Report.

Secretarial Audit Report

Pursuant to the provisions of Section 204 read with Section 134(3) of the Companies Act, 2013, the company
is required to obtain Secretarial Audit Report from Practicing Company Secretary. Mr. N.V.S.S.
Suryanarayana, Practising Company Secretary (Mem No. 5868 & Certificate of Practice Number 2886) was
appointed as secretarial auditor to issue Secretarial Audit Report for the financial year ended 31^st March,
2024.

Secretarial Audit Report issued by Mr. N.V.S.S. Suryanarayana an, Practising company secretary in Form
MR-3 for the financial year 2023-24 forms part to this report as ‘Annexure - IV’.

Replies to Secretarial Auditor’s Report

S. No	Qualification	Management response
1	The financial results were not published in the newspaper as per Regulation 47 of SEBI (Listing and Obligations and Disclosure requirements) Regulations, 2015.	Considering the shortage of working capital, the company was unable to give newspaper publication of notice of Board meeting and financial Results. However, Company will Ensure to comply with same.
2	The Website not functional containing basic information about the Company As per Regulation on 46 and 62 of Securities and Exchange Board of India (SEBI) (Listing Obligations and Disclosure Requirements) Regulation, 2015(“Listing Regulation”),	Considering the shortage of working capital, the company was unable to give newspaper publication of notice of Board meeting and financial results. However, Company will ensure to comply with same.

Management Discussion & Analysis

The Management Discussion and Analysis Report highlighting the industry structure and developments,
opportunities and threats, future outlook, risks and concerns etc. is annexed as Annexure V.

Statutory Auditors

M/s. Gupta Raj & Co. Chartered Accountant, Mumbai (Firm Registration No. 001687N) were appointed as
Statutory Auditors of the Company, for a term of 5 (Five) consecutive years, at the 39^th Annual General
Meeting held on 30^th September, 2019 to hold the office at P.M. Telelinnks Limited till the conclusion of 44^th
Annual General Meeting of the Company to be held in the year 2024. They have confirmed that they are not
disqualified from continuing as Auditors of the Company.

The Board Proposes to re-appoint M/s. Gupta Raj & Co, Chartered Accountants (Firm Registration No.
001687N), as Statutory Auditors of the Company, for a period of 5 (Five) years, from the conclusion of the
upcoming 44th (Forty Fourth) Annual General Meeting till the conclusion of 49th (Forty Nineth) Annual
General Meeting of the Company to be held for the financial year 2029-30, at such remuneration as may be
fixed by Board of Directors of the Company in mutual consent with the Auditors.

Auditors’ observations are suitably explained in notes to the Accounts and are self-explanatory.

Reporting of frauds by auditors

During the year under review, neither the statutory auditors nor the secretarial auditor has reported to the
audit committee, under Section 143 (12) of the Companies Act, 2013, any instance of fraud committed
against the company by its officers or employees, the details of which would need to be mentioned in the
Directors’ Report.

Management Replies to Auditors Report:

With reference to observations made in Auditor’s Report, the notes to account are self-explanatory and
therefore do not call for any further comments.

Internal Audit Report

The Company has not appointed the Internal Auditor for the Financial Year 2023-24
Cost Audit Report

The provisions of Section 148 of the Companies Act, 2013 does not apply to the Company and hence, no
cost auditors are appointed.

Business Responsibility Report (BRR)

Securities Exchange Board of India (SEBI) by notification No. SEBI/LAD-NRO/GN/2019/45 dated
26.12.2019 (Securities and Exchange Board of India - Listing Obligations and Disclosure Requirements)
(Fifth Amendment) Regulations, 2019 has mandated the inclusion of BRR as part of the Annual Report for
the top 1000 listed entities based on their market capitalization on BSE Ltd and National Stock Exchange of
India Ltd as at 31st March of every year. In view of the requirements specified, the company is not mandated
for the providing the BRR and hence do not form part of this Report.

Corporate Social Responsibility

The Company has not developed and implemented any Corporate Social Responsibility initiatives as the said
provisions shall not applicable to the company.

Particulars of Loans, Guarantees and Investments

There are no loans, guarantees, or investments to report under the provisions of Section 186 of the
Companies Act, 2013.

Whistle Blower Policy/Vigil Mechanism

Pursuant to the provisions of section 177 of the Companies Act, 2013 and the rules framed there under and
pursuant to the applicable provision of SEBI (Listing Obligations and disclosure Requirements) Regulations,
2015 the listing agreement entered with stock exchanges, the company has established a mechanism through
which all stake holders can report the suspected frauds and genuine grievances to the appropriate authority.

The Whistle blower policy which has been approved by the board of directors of the company has been
hosted on the website of the company viz www.pmtele.com.

Secretarial Standards

The Company has complied with all the applicable secretarial standards for the financial year 2023-24.
Prevention of Insider Trading

The Company has adopted a Code of Conduct for Prevention of Insider Trading with a view to regulate
trading in securities by the Directors and designated employees of the Company. The Code requires pre¬
clearance for dealing in the Company’s shares and prohibits the purchase or sale of Company shares by the
Directors and the designated employees while in possession of unpublished price sensitive information in
relation to the Company and during the period when the Trading Window is closed.

Members of the Board have confirmed compliance with the Code.

Risk Management Policy

Your Company has put in place a risk management policy based on globally recognized standards which
enables the company to proactively take care of the internal and external risks of the company and ensures
smooth business operations.

The company’s risk management policy ensures that all its material risk exposures are properly covered, all
compliance risks are covered and the company’s business growth and financial stability are assured. Boards
of Directors decide the policies to ensure the protection of company from any type of risks.

Disclosures Under Sexual Harassment of Women at Workplace (Prevention, Prohibition & Redressal)
Act, 2013

The Company has in place an Anti-Sexual Harassment Policy in line with the requirements of The Sexual
Harassment of Women at the Workplace (Prevention, Prohibition & Redressal) Act, 2013. Internal
Complaints Committee (ICC) has been set up to redress complaints received regarding sexual harassment.
All employees (permanent, contractual, temporary, trainees) are covered under this policy.

The following is a summary of sexual harassment complaints received and disposed of during the period
under review:

• No. of complaints received: - NIL

• No. of complaints disposed of: - NIL

Particulars of Contracts or arrangements with related parties

All the related party transactions that were entered during the financial years were in the ordinary course of
business of the company and were on arm length basis. There were no materially significant related party
transactions entered by the company during the year with the promoters, directors, key managerial personnel
or other persons which may have a potential conflict with the interest of the company.

Particulars of every contract or arrangements entered into by the Company with related parties referred to in
sub-section (1) of section 188 of the Companies Act, 2013 including certain arm’s length transactions under
third proviso thereto shall be disclosed in Form No. AOC-2 as ‘Annexure I’ to this report.

Material changes and commitments, if any, affecting the financial position of the company

There are no material changes and commitments affecting the financial position of the company which
occurred between the end of the financial year to which the financial statements relate and the date of the
report.

Details of significant and material orders passed by the regulators or courts or tribunals impacting the
going concern status and company’s operations in future

No significant and material order has been passed by the regulators, courts, tribunals impacting the going
concern status and Company''s operations in future

Public Deposits

The Company has not accepted any Deposits during the year and there are no outstanding or overdue
deposits as on this date within the meaning of Section 73 of the Companies Act, 2013 as amended and in
force.

Particulars of Employees

Details in respect of remuneration paid to employees as required under Section 197(12) of the Companies
Act, 2013, read with Rule 5 of the Companies (Appointment and Remuneration of Managerial Personnel)
Rules, 2014, as amended, forms part of this report. In terms of Section 136 of the Companies Act, 2013 the
same is open for inspection at the Registered Office of the Company.

Your Company is paying any remuneration to its Director hence, the ratio of the remuneration of each
Director to the median employee’s remuneration and other details in terms of Section 197(12) of the
Companies Act, 2013 read with Rule 5 of the Companies (Appointment and Remuneration of Managerial
Personnel) Rules, 2014, does not form part of this Report.

Details of Subsidiary, Joint Venture or Associate Companies

The Company does not have any Subsidiary, Joint Venture or an Associate Company as on 31.03.2024.
Annual Return

The Ministry of Corporate Affairs vide Companies (Amendment) Act, 2017 effective from 28th August,
2020, has dispensed the requirement to attach extract of Annual Return in form MGT-9 to the Board’s
report, provided every Company shall place a copy of Annual return on the website of the Company, if any
and disclose the web-link of such Annual return in the Board’s report.

The copy of Annual Return in Form MGT-7 as on March 31, 2024 will be available on the Company’s
website and can be accessed at the given web-link www.pmtele.com.

Particulars of Conservation of Energy, Technology Absorption and Foreign Exchange Earnings and
Outgo

(A) Conservation of Energy

(i)	the steps taken or impact on conservation of energy	Awareness to Employees to Switch off the Machines, AC''s, Lights, Fans etc whenever not required
(ii)	the steps taken by the company	The Company shall take necessary steps to utilize alternate
	for utilizing alternate sources of energy	sources of energy.
(iii)	the capital investment on energy conservation equipment’s	Nil

(B) Technology absorption

(i)	the efforts made towards technology absorption	The Company has neither absorbed nor adopted any new technology. The Company has also not made any innovation in technology other than the R&D.
(ii)	the benefits derived like product improvement, cost reduction, product development or import substitution	No benefits derived in the year under review.
(iii)	in case of imported technology (imported during the last three years reckoned from the beginning of the financial year)-	No new technology is imported
	(a) the details of technology imported	-
	(b) the year of import;	-
	(c) whether the technology been fully absorbed	-
	(d) if not fully absorbed, areas where absorption has not taken place, and the reasons thereof
(iv)	the expenditure incurred on Research and Development	Nil

Foreign Exchange Earnings and Outgo

There were no foreign earnings and outgo during the financial year 2023-24.
Internal Audit & Controls

The Company has adequate Internal Financial Controls consistent with the nature of business and size of the
operations, to effectively provide for safety of its assets, reliability of financial transactions with adequate
checks and balances, adherence to applicable statues, accounting policies, approval procedures and to ensure
optimum use of available resources. These systems are reviewed and improved on a regular basis. It has a
comprehensive budgetary control system to monitor revenue and expenditure against approved budget on an
ongoing basis.

Internal Financial Control Systems

The Company has adequate Internal Financial Controls consistent with the nature of business and size of the
operations, to effectively provide for safety of its assets, reliability of financial transactions with adequate
checks and balances, adherence to applicable statues, accounting policies, approval procedures and to ensure
optimum use of available resources. These systems are reviewed and improved on a regular basis. It has a
comprehensive budgetary control system to monitor revenue and expenditure against approved budget on an
ongoing basis.

Statement in respect of Adequacy of Internal Financial Controls with reference to the Financial
Statements:

The Directors have laid down Internal Financial Controls procedures to be followed by the Company which
ensure compliance with various policies, practices and statutes in keeping with the organization’s pace of
growth and increasing complexity of operations for orderly and efficient conduct of its business. The Board,
from time to time, evaluated the adequacy and effectiveness of internal financial control of the Company
with regard to: -

1. Systems have been laid to ensure that all transactions are executed in accordance with management''s
general and specific authorization. There are well-laid manuals for such general or specific
authorization.

2. Systems and procedures exist to ensure that all transactions are recorded as necessary to permit
preparation of Financial Statements in conformity with Generally Accepted Accounting Principles or
any other criteria applicable to such statements, and to maintain accountability for aspects and the
timely preparation of reliable financial information.

3. Access to assets is permitted only in accordance with management''s general and specific
authorization. No assets of the Company are allowed to be used for personal purposes, except in
accordance with terms of employment or except as specifically permitted.

4. The existing assets of the Company are verified/checked at reasonable intervals and appropriate
action is taken with respect to differences, if any.

5. Proper systems are in place for prevention and detection of frauds and errors and for ensuring
adherence to the Company’s policies.

Industrial Relations

The company enjoyed cordial relations with its employees during the year under review and the Board
appreciates the employees across the cadres for their dedicated service to the Company, and looks forward to
their continued support and higher level of productivity for achieving the targets set for the future.

Human Resources

Your Company treats its “human resources” as one of its most important assets.

Your Company continuously invests in attraction, retention and development of talent on an ongoing basis.
Y our Company thrust is on the promotion of talent internally through j ob rotation and j ob enlargement

Details Of Application Made or Any Proceeding Pending Under the Insolvency and Bankruptcy Code,
2016 (31 Of 2016)

During the period under review, there was neither application made nor any proceeding initiated or pending
under the Insolvency and Bankruptcy code, 2016

Details Of Difference Between Amount of The Valuation Done at The Time of One Time Settlement
and The Valuation Done While Taking Loan from The Banks or Financial Institutions Along with The
Reasons Thereof

During the period under review, there was no one time settlement with Bank
General

Your directors state that no disclosure or reporting is required in respect of the following matters as there
were no transactions on these matters during the year under review:

• Issue of equity shares with differential rights as to dividend, voting or otherwise.

• Issue of shares (including sweat equity shares) to employees of the company under any scheme save and
except Employees’ Stock Options Schemes referred to in this report.

• There has been no change in the nature of business of the company.

• There is no proceeding pending under the Insolvency and Bankruptcy Code, 2016.

• There was no instance of onetime settlement with any bank or financial institution

Personnel

Your directors place on records their appreciation for the services rendered by the employees. The relation
between the management and the employees has been cordial throughout the year.

Acknowledgements

Your directors wish to express their appreciation of the support and co-operation of the Central and the State
Government, bankers, financial institutions, business associates, employees, shareholders, customers,
suppliers and alliance partners and seeks their continued patronage in future as well.

For and on behalf of the Board of
P.M. TELELINNKS LIMITED

Place: Hyderabad Sd/- Sd/-

Date: 13.08.2024 Venkata Surya Sri Lakshmi Malapaka Ravi Surana Pukhraj

Director Managing Director & CEO

DIN: 07169994 DIN: 01777676

---

Mar 31, 2014

The Members,

The Directors are pleased to present 34th Annual Report and Audited Accounts and the report on Company''s business and operations for the financial year ended 31 st March, 2014.

FINANCIAL RESULTS:

The performance during the year is as under

Particulars CURRENT YEAR PREVIOUS YEAR 31.03.2014 31.03.2013 (Rs. laks) (Rs. laks)

Sales 3056.29 3637.17

Other income 36.86 89.837

Total Income 3093.15 3726.98

Profit before Depreciation, Interest 20.48 46.63 and Exceptional items

DEDUCT

Depreciation 3,68 0

Interest 0 0

Profit before tax, prior period and 16.80 46.63 extraordinary items

Prior period adjustments 0 0

Extraordinary items 0 0

Provision for taxation ( net of deferred 0 0 tax adjustment)

Profit after tax 16.80 46.63

Income tax of earlier years 0 0

Surplus brought forward from last year (2043.12) (2089.75)

Balance available for appropriation -- --

APPROPRIATION

Proposed Dividend -- --

Transfer from General Reserve 1448.61 --

Balance c/f to Balance Sheet (577.71) (2043.12)

OPERATIONAL AND FINANCIAL PERFORMANCE

During the year ended March 31st , 2014 the Company has achieved a sale turnover of 3056.29 lakhs as against Previous year of Rs. 3637.17 Lakhs. For the Financial Year 2013-14 Your Company has earned a Profit Before Tax of 16.80 Lakhs against Profit of Rs. 46.63 lakhs.

SHARE CAPITAL

The Authorized Share Capital of the Company is Rs. 12,00,00,000/- (Tweleve Crores) divided into 1,20,00,000 (One Crore and Twenty Lakhs Rupees) Equity Shares of Rs. 10/- each and Paid -up Share Capital of Rs 10,07,50,000/- (Ten Crores and Seven Lakhs and fifty thousand Rupees) divided into 1,00,75,000 (One Crore and Seventy Five thousand)Equity shares of Rs 10/- each.

DIVIDENDS

In order to keep the resources for the operations of the Company, no dividend is recommended for the year ended 31 st March, 2014.

DIRECTORS

Mr. Ravi Surana Pukhraj (DIN :01777676) Director, retire by rotation and being eligible offer themselves for re-appointment at the ensuing Annual General Meeting.

MANAGEMENT DISCUSSION AND ANALYSIS REPORT

Management Discussion and analysis Report for the Year under review as stipulated in Clause 49 of the Listing Agreement with Stock Exchanges, is presented as separate section forming part of the Annual Report.

FUTURE OUTLOOK:

The Company is looking for new avenues to increase the turnover and profitability.

DIRECTORS RESPONSIBILITY STATEMENT

As required u/s 217 (2AA) of the Companies Act, 1956, you Directors confirm that:

1. In preparation of Annual Financial Statement of Account for the period ended 31st March 2014, the applicable accounting standards have been followed along with proper explanation relating to material departures.

2. Directors have selected such accounting policies and applied them consistently and made judgments 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 2013-2014 and the profit & loss of the company for that period.

3. Directors have taken proper and sufficient care for the maintenance of adequate accounting records in accordance with the provisions of the Companies Act, 1956 for safeguarding the assets of the company and for preventing and detecting fraud and other irregularities.

4. The annual accounts for the year ended 31il March, 2014 have been prepared on a going concern basis.

Disclosures under Section 217(l)(d) of the Companies Act, 1956

Except as disclosed elsewhere in this report, there have been no material changes and commitments which can affect the financial position of the Company occurred between the end of the financial year of the Company and date of this report.

Particulars of Employees

There are no employees who are, in receipt of remuneration of R$.60 Lakhs or more per annum, if employed throughout the year or Rs.5 Lakhs or more per month if employed for a part of the year, falling within the provisions of Section 217(2A) of the Companies Act, 1956 read with Companies (Particulars of Employees) Rules, 1975, during the year ended 31.03.2014.

Auditors

The auditors, M/s. N.K. JALAN & CO., Chartered Accountants, Mumbai, hold office until conclusion of the ensuing Annual Genera! Meeting, have confirmed their eligibility and willingness to accept office, if re-appointed. In terms of Section 139(2) and other applicable provisions of the Companies Act, 2013 the present auditors can only be re- appointment for a period of 3 consecutive years from the conclusion of the ensuing 34lh Annual Genera! Meeting till the conclusion of 37th Annua! General Meeting of the Company subject to ratification by the Members at every Annual General Meeting. The Audit Committee and Board of Directors recommend the re- appointment of Auditors for approval of the Members.

Auditors'' Report

The auditors view are self explanatory. The Board of Director shall take necessary steps towards depreciation calculation as per companies act in the following financial year."

Conservation of Energy, Technology Absorption, Foreign Exchange Earnings and Outgo

Information on Conservation of Energy, Technology Absorption, Foreign Exchange Earnings and outgo as required to be disclosed under Section 217 (1) (e) of the Companies Act, 1956,

read with Companies (Disclosure of Particulars in the Report of the Board of Directors) Rules, 1988, are provided as an Annexure forming a part of this Report. Since the manufacturing activities are suspended the compliance reports required under Section 271(l)(e) are no longer applicable to the company.

a. Conservation of Energy : Not Applicable

b. Technology Absorption ; nil

c. Foreign Exchange Earnings ( on accural basis ) : NIL

d. Foreign Exchange Earned Outgo (on accural basis) : NIL

LISTING INFORMATION

The Equity Shares of your company are listed at the Mumbai Stock Exchange, in terms of Clause 38 of Listing Agreement, the listing fees for the financial year 2013-2014 have already been paid.

DEMATERIALISATION OF SHARES

As the members are aware, your company''s shares are tradable compulsorily In electronic form and your company has established connectivity with both the depositories viz. National Securities Depository Limited (NSDL) and Central Depository Limited (CDSL). The members are requested to dematerialize their physical holding in view of various advantages of holding the shares in dematerialized form. The company also follows the transfer cum demat procedure for quick transfer and dematerialization of shares.

M/s Aarathi Consultants Private Limited, 1-2-285, Domalguda, Hyderabad, a registered Depository Participant has been retained as Registrar and Share Transfer Agent.

Deposits

The Company has not accepted any deposits from the Public under section 58A of the Companies Act, 1956 and as such, no amount of principal or interest was outstanding as of the Balance Sheet Date.

CORPORATE GOVERNANCE:

Your company has been practicing the principles of good Corporate Governance over the years and the Board of Directors lays strong emphasis on transparency, accountability and integrity. The Company has taken adequate steps to ensure that the conditions of corporate Governance as stipulated in clause 49 of the listing agreements of the Stock Exchanges are complied with. Further a report on Corporate Governance and Auditors Certificate regarding compliance of the conditions of Corporate Governance as stipulated under Clause 49 of the listing agreement with Stock Exchanges is given in the Annual Report.

ACKNOWLEDGEMENTS

Your Directors convey their sincere gratitude and express their appreciation for the assistance extended by Company''s Bankers-HDFC Bank, Indian Bank, and various agencies of State and

Central Governments for their continued support and guidance. The industrial relations of the Company were cordial throughout the year under review.

Your directors wish to place on record their appreciation for the services rendered by all Officers, Staff and Workmen of the Company. Your Directors would also like to thank all the shareholders who have reposed their confidence on the Company.

Hyderabad By Order of the Board 27.08.2014 For P.M. TELELINNKS LIMITED

Sd/- (G. P. Surana) Managing Director

---

Mar 31, 2013

The Members,

The Directors hereby present the 33rd Annual Report of the Company together with the Audited Financial Statement of Accounts for the period ended on 31st March 2013.

FINANCIAL RESULTS:

The performance during the year is as under

CURRENT PREVIOUS YEAR3 YEAR 1.03.2013( 31.03.2012 Rs. in laks) (Rs.in laks)

Sales Other income 3637.18 4413.26

Yofit before Depreciation, Interest and

Exceptional items 46.63 154.60

DEDUCT

Depreciation 0 0

Interest 0 0

Profit before tax, prior period and

sxtraordinary items 46.63 154.60

Vior period adjustments 0 0

Extraordinary items 0 0

Provision for taxation ( net of deferred 0 0 tax adjustment)

Profit after tax 46.63 154.60

Income tax of earlier years 0 0

Surplus brought forward from last year (2089.75) (2244.36)

balance available for appropriation -- --

APPROPRIATION

Proposed Dividend -- --

Transfer from General Reserve -- --

palance c/f to Balance Sheet (2043.12) (2089.75)

OPERATIONAL AND FINANCIAL PERFORMANCE

Your Directors have to inform you that your Company has achieved a sale turnover of Rs 3637.17 Lacks,(Previous Year 4413.26. Lacs) during the year under review.

FUTURE OUTLOOK:

The Company is looking for new avenues to increase the turnover and profitability. FIXED DEPOSITS

Your Company has not accepted any deposits from the public for the year under review within the meaning of Section 58A of the Companies Act, 1956 and the Rules made there under.

FINANCES

The Company has dismantled obsolete machines and industrial sheds and also collected long outstanding dues from debtors and paid off to creditors.

AUDITORS''

M/s.G.Ramamohan & Co. Chartered Accountants, Auditors of the company will retire at the ensuing AGM of the Company and expressed their inability to be available for the next financial year and forwarded to the company their resignation letter. The board considered their wish and accepted .the board placed on record its gratitude for their service during their tenure. The board received communication from M/S. MJ JALAN& CO , CHARTERED ACCOUNTENTS, REPRESENTED BY Sri.M J Jalan, proprietor , expressing it''s willingness to take the appointment as Statutory auditors of your company from the financial year beginning on 1.4.2013. The members are requested to consider their appointment for the year 2013-14 on such remuneration as determined by the board.

DIRECTORS RESPONSIBILITY STATEMENT

As required u/s 217 (2AA) of the Companies Act, 1956, you Directors confirm that:

1. In preparation of Annual Financial Statement of Account for the period ended 31st March 2013, the applicable accounting standards have been followed along with proper explanation relating to material departures.

2. Directors have selected such accounting policies and applied them consistently and made judgments 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 2012-2013 and the profit & loss of the company for that period.

3. Directors have taken proper and sufficient care for the maintenance of adequate

accounting records in accordance with the provisions of the Companies Act, 1956 for safeguarding the assets of the company and for preventing and detecting fraud and other irregularities. ''

CONSTITUTION OF AUDIT COMMITTEE

In accordance with the provisions of Section 292 A of the Companies Act, 1956 read with Clause 49 of Listing Agreement of the Stock Exchanges, the Board of Directors has constituted an Audit Committee with the following members of the Board.

1. Sri P Chandra Mohan Rao, Chairman

2. Sri G. P Surana, Managing Director

3. Sri C Raj Kumar

The Audit Committee discharges its duties, performs its functions and exercises its role in terms of provisions of Section 292 A of the Companies Act, 1956 and Clause 49 of Listing Agreement of the Stock Exchanges. The terms of reference of the Audit Committee are those as are governed by the provisions of Section 292 A of the Companies Act, 1956 and Clause 49 of the Listing Agreement of the Stock Exchanges.

DIRECTORS

Sri C Raj Kumar who retires by rotation during the ensuing Annual General Meeting and being eligible, offers himself for re-appointment. It is in the best interests of the Company, your Board of Directors commend for re-appointment of Sri C Raj Kumar as a Director of the Company. -

STATUTORY INFORMATION

Information on Conservation of Energy, Technology Absorption, Foreign Exchange Earnings and outgo as required to be disclosed under Section 217 (1) (e) of the Companies Act, 1956, read with Companies (Disclosure of Particulars in the Report of the Board of Directors) Rules, 1988, are provided as an Annexure forming a part of this Report. Since the manufacturing activities are suspended the compliance reports required under section 271 (1)(e) are no longer applicable to the company.

LISTING INFORMATION

The Equity Shares of your company are listed at the Mumbai Stock Exchange. In terms of Clause 38 of Listing Agreement, the listing fees for the financial year 2013-2014 have already been paid.

DEMATERIALISATION OF SHARES

As the members are aware, your company''s shares are tradable compulsorily in electronic form and your company has established connectivity with both the depositories viz. National Securities Depository Limited (NSDL) and Central Depository Limited (CDSL). The members are requested to dematerialize their physical holding in view of various advantages of holding the shares in dematerialized form. The company also follows the transfer cum demat procedure for quick transfer and dematerialization of shares.

M/s Aarathi Consultants Private Limited, 1-2-285, Domalguda, Hyderabad, a registered Depository Participant has been retained as Registrar and Share Transfer Agent.

CORPORATE GOVERNANCE:

Your company has been practicing the principles of good Corporate Governance over the years and the Board of Directors lays strong emphasis on transparency, accountability and integrity. The Company has taken adequate steps to ensure that the conditions of corporate Governance as stipulated in clause 49 of the listing agreements of the Stock Exchanges are complied with. Further a report on Corporate Governance and Auditors Certificate regarding compliance of the conditiQns of Corporate Governance as stipulated under Clause 49 of the listing agreement with Stock Exchanges is given in the Annual Report.

PARTICULARS OF EMPLOYEES

Information as required to be given under Section 217 (2A) of the Companies Act, 1956, read with Companies (Particulars of the Employees) Rules, 1975, has been provided as an Annexure, which form part of this Report.

ACKNOWLEDGEMENTS

Your Directors convey their sincere gratitude and express their appreciation for the assistance extended by Company''s Bankers-HDFC Bank, Indian Bank, and various agencies of State and Central Governments for their continued support and guidance. The industrial relations of the Company were cordial throughout the year under review.

Your directors wish to place on record their appreciation for the services rendered by all Officers, Staff and Workmen of the Company. Your Directors would also like to thank all the shareholders who have reposed their confidence on the Company.

By the order of the Boardfor PM TELELINNKS LIMITED



Date: 2-9-2013 Place: Secunderabad Sd/- (G.P.SURANA) MANAGING DIRECTOR

---

Mar 31, 2012

To The Members,

The Directors hereby present the 32nd Annual Report of the Company together with the Audited Financial Statement of Accounts for the period ended on 31st March 2012.

FINANCIAL RESULTS:

The performance during the year is as under

CURRENT PREVIOUS YEAR YEAR 31.03.2012 31.03.2011 (Rs. in lakhs) (Rs. In lakhs)

Sales 4413.26 2281.18

Other income 6.63 7.44

Profit before Depreciation, Interest and Exceptional items 154.60 141.28

DEDUCT

Depreciation 0 0

Interest 0 0

Profit before tax, prior period and extraordinary items 154.60 141.28

Prior period adjustments 0 0

Extraordinary items 0 0

Provision for taxation (net of deferred tax adjustment) 0 0

Profit after tax 154.60 141.28

Income tax of earlier years 0 0

Surplus brought forward from last year (2244.36) (2385.64)

Balance available for appropriation — —

APPROPRIATION

Proposed Dividend — —

Transfer from General Reserve — —

Balance c/f to Balance Sheet (2089.73) (2244.36)

OPERATIONAL AND FINANCIAL PERFORMANCE

Your Directors have to inform you that your Company has achieved a sale turnover of Rs 4413.26 Lacks, (Previous Year Rs.2281.18 Lacs) during the year under consideration.

FUTURE OUTLOOK:

The Company is looking for valuable open lands, Farm Houses for Development and sale and also value added goods for trading.

FIXED DEPOSITS

Your Company has not accepted any deposits from the public for the year under review within the meaning of Section 58A of the Companies Act, 1956 and the Rules made there under.

FINANCES

Collected long outstanding dues from debtors and paid of to the secured lender.

auditors

M/s.G.Ramamohan & Co. Chartered Accountants, are due for retirement at the conclusion of thirty second Annual General Meeting. On the event of their retirement, the company proposes to appoint M/s. Priyank G Dave, as the statutory auditors -send- they have confirmed their eligibility and willingness to accept office, if appointed for the financial year 2012 -13. Your directors recommend the app0ihtmeFi«ef WM8. Rnyariik G D6v6i,"Chartered Accountant as the Statutory Auditors of the company to hold office from the conolusion of thirty second Annual General Meeting untill the conclusion of the thirty third Annual General Meeting of the company.

DIRECTORS RESPONSIBILITY STATEMENT

As required u/s 217 (2AA) of the Companies Act, 1956, you Directors carffittri that:

1. In preparation of Annual Financial Statement of Account for the period ended 31st March 2012, the applicable accounting standards have been followed along with proper explanation relating to material departures.

2. Directors have selected such accounting policies and applied them consistently and made judgments 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 2011-2012 and the profit & loss of the company for that period.

3. Directors have taken proper and sufficient care for the maintenance of adequate accounting records in accordance with the provisions of the Companies Act, 1956 for safeguarding the assets of the company and for preventing and detecting fraud and other irregularities.

CONSTITUTION OF AUDIT COMMITTEE

In accordance with the provisions of Section 292 A of the Companies Act, 1956 read with Clause 49 of Listing Agreement of the Stock Exchanges, the Board of Directors

In accordance with the provisions of Section 292 A of the Companies Act, 1956 read with Clause 49 of Listing Agreement of the Stock Exchanges, the Board of Directors has constituted an Audit Committee with the following members of the Board.

1. Sri P. Chandramohan

2. Sri G. P Surana, Managing Director

3. Sri C. Raj Kumar, Director

The Audit Committee discharges its duties, performs its functions and exercises its role in terms of provisions of Section 292 A of the Companies Act, 1956 and Clause 49 of Listing Agreement of the Stock Exchanges.The terms of reference of the Audit Committee are those as are governed by the provisions of Section 292 A of the Companies Act, 1956 and Clause 49 of the Listing Agreement of the Stock Exchanges.

DIRECTORS

Sri P. Chandra Mohan who retires by rotation during the ensuing Annual General Meeting and being eligible, offers himself for re-appointment. It is in the best interests of the Company, your Board of Directors commend for re-appointment of Sri P. Chandra Mohan as a Director of the Company.

STATUTORY INFORMATION

Information on Conservation of Energy, Technology Absorption, Foreign Exchange Earnings and outgo as required to be disclosed under Section 217 (1) (e) of the Companies Act, 1956, read with Companies (Disclosure of Particulars in the Report of the Board of Directors) Rules, 1988, are provided as an Annexure forming a part of this Report. Since the manufacturing activities are suspended the compliance reports required under section 271(1)(e) are no longer applicable to the company.

LISTING INFORMATION

The Equity Shares of your company are listed at the Mumbai Stock Exchange. In terms of Clause 38 of Listing Agreement, the listing fees for the financial year 2012-2013 have already been paid.

DEMATERIALISATION OF SHARES

As the members are aware, your company's shares are tradable compulsorily in electronic form and your company has established connectivity with both the depositories viz. National Securities Depository Limited (NSDL) and Central Depository Limited (CDSL). The members are requested to dematerialize their physical holding in view of various advantages of holding the shares in dematerialized form. The company also follows the transfer cum demat procedure for quick transfer and dematerialization of shares.

M/s Aarathi Consultants Private Limited, 1-2-285, Domalguda, Hyderabad, a registered Depository Participant has been retained as Registrar and Share Transfer Agent.

CORPORATE GOVERNANCE:

Your company has been practicing the principles of good Corporate Governance over the years and the Board of Directors lays strong emphasis on transparency, accountability and integrity. The Company has taken adequate steps to ensure that the conditions of corporate Governance as in clause 49 of the listing agreements of the Stock

Exchanges are complied with. Further a report on Corporate Governance and Auditors Certificate regarding compliance of the conditions of Corporate Governance as stipulated under Clause 49 of the listing agreement with Stock Exchanges is given in the Annual Report.

PARTICULARS of employees

Information as required to be given under Section 217 (2A) of the Companies Act, 1956, read with Companies (Particulars of the Employees) Rules, 1975, has been provided as an Annexure, which form part of this Report.

ACKNOWLEDGEMENTS

Your Directors convey their sincere gratitude and express their appreciation for the assistance extended by Company's Bankers-HDFC Bank Ltd. Indian Bank, and various agencies of State and Central Governments for their continued support and guidance. The industrial relations of the Company were cordial throughout the year under review.

Your directors wish to place on record their appreciation for the services rendered by all Officers, Staff and Workmen of the Company. Your Directors would also like to thank all the shareholders who have reposed their confidence on the Company.

By the order of the Boardfor P M TELELINNKS LIMITED

Date: 4th SEPTEMBER 2012 Sd/-

Place: Secunderabad (G.P.SURANA)

MANAGING DIRECTOR

---

Mar 31, 2010

The Directors hereby present ihr 30th Annual Report of the Company together will the Audited Financial Statement of Accounts for the period ended on 31st March 2010.

FINANCIAL RESULTS:

The performance during the year is as under

CURRENT PREVIOUS YEAR YEAR 31.03.2010 31.03.2009 (Rs. in lakhs) (Rs. In lakhs)

Sales 0 0 Other income 34.20 13.92

Profit before Depreciation, Interest and Exceptional items 17.91 9.64

DEDUCT

Depreciation 0 0

Interest 0 0

Profit before tax, prior period and extraordinary items 17.91 9.64

Prior period adjustments 0 0

Extraordinary items 0 0

Provision for taxation (net of deferred tax adjustment) 0 0

Profit after tax 17.91 9.64

Income tax of earlier years 0 0

Surplus brought forward from last year (2403.56) (2413.20)

Balance available for appropriation — —

APPROPRIATION

Proposed Dividend — -

Transfer from General Reserve Balance c/f to Balance Sheet (2385.64) (2403.56)

OPERATIONAL AND FINANCIAL PERFORMANCE

Your Directors have to inform you that your Company has taken new activities in real estate business and achieved a sale turnover of Rs NIL,(Previous Year Rs.NIL Lacs) during the year under review as there is no activity in the real estate sector. However your company is trying its best to cope up with the situation.

FUTURE OUTLOOK:

The Company is looking for valuable open lands, Farm Houses for Development and consequences sale to achieve.

FIXED DEPOSITS

Your Company has not accepted any deposits from the public for the year under review within the meaning of Section 58A of the Companies Act, 1956 and the Rules made there under.

FINANCES

The Company has dismantled absolute machines and Industrial sheds and also collected long outstanding dues from debtors and paid of to the secured lender leaving the balance of NIL amount.

AUDITORS & AUDITORS REPORT

M/s.G.Ramamohan & Co. Chartered Accountants. Auditors of the company will retire at the ensuing AGM of the Company and being eligible have offered thomselves for reappointment for the year 2010-11. The members are requested to consider their reappointment for the year 2010-11 on such remuneration as determined by the board.

DIRECTORS RESPONSIBILITY STATEMENT

As required u/s 217 (2AA) of the Companies Act, 1956, you Directors confirm that;

1. In preparation of Annual Financial Statement of Account for the period ended 31" March 2010. the applicable accounting standards have been followed along with proper explanation relating to material departures.

2. Directors have selected such accounting policies and applied them consistently and made judgments 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 2009-2010 and the profit & loss of the company tor that period.

3. Directors have taken proper and sufficient care for the maintenance of adequate accounting records in accordance with the provisions of the Companies Act, 1956 for safeguarding the assets of the company and for preventing and detecting fraud and other irregularities.

CONSTITUTION OF AUDIT COMMITTEE

In accordance with the provisions of Section 292 A of the Companies Act, 1956 read with Clause 49 of Listing Agreement of the Stock Exchanges, the Board of Directors

In accordance with the provisions of Section 292 A of the Companies Act, 1956 read with Clause 49 of Listing Agreement of the Stock Exchangee, the Board of Directors has constituted an Audit Committee with the following members of the Board,

1. Sri Shyam Sunder Dey, Chairman

2. Sri G.P Swrana, Managing Director

3. Sri P. Chandra Mohan Director

The Audit Committee discharges its duties, performs its functions and exercises its role in terms of provisions of Section 292 A of the Companies Act, 1956 and Clause 49 of Listing Agreement of the Stock Exchanges. The terms of reference of the Audit Committee are those as are governed by the provisions of Section 292 A of the Companies Act, 1956 and Clause 49 of the Listing Agreement of the Stock Exchanges.

DIRECTORS

Sri P. Chandra Mohan who retires by rotation during the ensuing Annual General Meeting and being eligible, offers himself for re-appointment. It is in the best interests of the Company, your Board of Directors commend for re-appoinlment of Sri R Chandra Mohan as a Director of the Company.

STATUTORY INFORMATION

Information on Conservation of Energy. Technology Absorption, Foreign Exchange Earnings and outgo as required to be disclosed under Section 217 (1) (e) of the Companies Act, 1956, read with Companies (Disclosure of Particulars in the Report of the Board of Directors) Rules, 1988, are provided as an Annexure forming a part of this Report. Since the manufacturing activities are suspended the compliance reports required under section 271(1)(e) are no longer applicable to the company.

LISTING INFORMATION

The Equity Shares of your company are listed at the Mumbai Stock Exchange. In terms of Clause 30 of Listing Agreement, the listing fees for the financial year 2010-2011 have already been paid.

DEMATERIALISATION OF SHARES

As the members are aware, your companys shares are tradable compulsorily in electronic form and your company Has established connectivity with both the depositories viz. National Securities Depository Limited (NSDL) and Central Depostiory Limited (CDSL). The members are requested to dematerialize their physical holding in view of various advantages of holding the sharesi n dematerialized form. The company also follows the Transfer cum demat procedure lor quick transfer and dematerealization of shares.

M/s Aarathi Consultants Private Limited, 1-2-285. Domalguda,Hyderabad, a registered Depository Participant has been retained as Registrar and Share Transfer Agent.

CORPORATE GOVERNANCE:

Your company has been practicing (ho principles of good Corporate Governance over the years and the Board of Directors lays strong emphasis on transparency, accountability and integrity. The Company has taken adequate steps to ensure that the conditions of [corporate Governance as in clause 49 of the listing agreements of the Stock

Exchanges are complied with. Further a report on Corporate Governance and Auditors Certificate regarding compliance of the conditions of Corporate Governance as stipulated under Clause 49 of the listing agreement with Stock Exchanges is given in the Annual Report,

PARTICULARS OF EMPLOYEES

Information as required to be given under Section 217 (2A) of the Companies Act, 1956, read with Companies (Particulars of the Employees) Rules, 1975, has been provided as an Annexure, which form part of this Report.

ACKNOWLEDGEMENTS

Your Directors convey their sincere gratitude and express their appreciation for the assistance extended by Companys Bankers-Kotak Mahindra Bank Limited, Indian Bank, and various agencies of State and Central Governments for their continued support and guidance. The industrial relations of the Company were cordial throughout the year under review.

Your directors wish to place on record their appreciation for the services rendered by all Officers, Staff and Workmen of the Company. Your Directors would also like to thank all the shareholders who have reposed their confidence on the Company.

By the order of the Board for P M TELELINNKS LIMITED

Sd/- (G.P.SURANA) MANAGING DIRECTOR

Date : 2nd SEPTEMBER 2010 Place: Secunderabad

---

Mar 31, 2009

The Directors hereby present the 29th Annual Report of the Company together with the Audited Financial Statement of Accounts for the period ended on 31st March 2009.

FINANCIAL RESULTS:

The performance during the year is as under

CURRENT PREVIOUS YEAR YEAR 31.03.2008 31.03.2009 (Rs. in lakhs) (Rs. In lakhs)

Sales 0 669.00 Other income 13.92 46.00

Profit before Depreciation, Interest and Exceptional items 9.70 475.00

DEDUCT

Depreciation 0 0

Interest 0 0

Profit before tax, prior period and extraordinary items 0

Prior period adjustments 0 0

Extraordinary items 0 0

Provision for taxation ( net of deferred tax adjustment) 0 0

Profit after tax 0 0

Income tax of earlier years 0 0

Surplus brought forward from last year (2413.20) (2853.36)

Balance available for appropriation - -

APPROPRIATION

Proposed Dividend - -

Transfer from General Reserve - -

Balance c/f to Balance Sheet (2403.56) (2413.20)

OPERATIONAL AND FINANCIAL PERFORMANCE

Your Directors have to inform you that your Company has taken new activities in real estate business and achieved a sale turnover of Rs NIL,(Previous Year Rs.669 Lacs) during the year under review as there is no activity in the real estate sector. However your company is trying its best to cope up with the situation.

FUTURE OUTLOOK:

The Company is looking for valuable open lands, Farm Houses for Development and consequences sale to achieve .

FIXED DEPOSITS

Your Company has not accepted any deposits from the public for the year under review within the meaning of Section 58A of the Companies Act, 1956 and the Rules made there under.

FINANCES

The Company has dismantled absolute machines and industrial sheds and also collected long outstanding dues from debtors and paid of to the secured lender leaving the balance of only Rs 274 Lacs amount.

AUDITORS & AUDITORS REPORT

M/s.Ramamohan & Co. Chartered Accountants, Auditors of the company will retire at the ensuing AGM of the Company and being eligible have offered themselves for reappointment for the year 2009-10. The members are requested to consider their reappointment for the year 2009-10 on such remuneration as determined by the board.

DIRECTORS RESPONSIBILITY STATEMENT

As required u/s 217 (2AA) of the Companies Act, 1956, you Directors confirm that:

1. In preparation of Annual Financial Statement of Account for the period ended 31ST March 2009, the applicable accounting standards have been followed along with proper explanation relating to material departures.

2. Directors have selected such accounting policies and applied them consistently and made judgments 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 2008-2009 and the profit & loss of the company for that period.

3. Directors have taken proper and sufficient care for the maintenance of adequate accounting records in accordance with the provisions of the Companies Act, 1956 for safeguarding the assets of the company and for preventing and detecting fraud and other irregularities.

CONSTITUTION OF AUDIT COMMITTEE

In accordance with the provisions of Section 292 A of the Companies Act, 1956 read with Clause 49 of Listing Agreement of the Stock Exchanges, the Board of Directors has constituted an Audit Committee with the following members of the Board

1. Sri Shyam Sunder Dey, Chairman

2. Sri G P Surana, Managing Director

3. Sri P. Chandra Mohan Rao, Director

The Audit Committee discharges its duties, performs its functions and exercises its role in terms of provisions of Section 292 A of the Companies Act, 1956 and Clause 49 of Listing Agreement of the Stock Exchanges. The terms of reference of the Audit Committee are those as are governed by the provisions of Section 292 A of the Companies Act, 1956 and Clause 49 of the Listing Agreement of the Stock Exchanges.

DIRECTORS

Sri Sham Sunder Dey who retires by rotation during the ensuing Annual General Meeting and being eligible, offers himself for re-appointment. It is in the best interests of the Company, your Board of Directors commend for re-appointment of Sri Sham Sunder Dey as a Director of the Company.

STATUTORY INFORMATION

Information on Conservation of Energy, Technology Absorption, Foreign Exchange Earnings and outgo as required to be disclosed under Section 217 (1) (e) of the Companies Act, 1956, read with Companies (Disclosure of Particulars in the Report of the Board of Directors) Rules, 1988, are provided as an Annexure forming a part of this Report. Since the manufacturing activities are suspended the compliance reports required under section 271(1 )(e) are no longer applicable to the company.

LISTING INFORMATION

The Equity Shares of your company are listed at the Mumbai Stock Exchange. In terms of Clause 38 of Listing Agreement, the listing fees for the financial year 2008-2009 have already been paid.

DEMATERIALISATTON OF SHARES

As the members are aware, your companys shares are tradable compulsorily in electronic form and your company has established connectivity with both the depositories viz. National Securities Depository Limited (NSDL) and Central Depository Limited (CDSL). The members are requested to dematerialize their physical holding in view of various advantages of holding the shares in dematerialized form. The company also follows the transfer cum demat procedure for quick transfer and dematerialization of shares.

M/s Aarathi Consultants Private Limited, 1-2-285, Domalguda, Hyderabad, a registered Depository Participant has been retained as Registrar and Share Transfer Agent.

CORPORATE GOVERNANCE:

Your company has been practicing the principles of good Corporate Governance over the years and the Board of Directors lays strong emphasis on transparency, accountability and integrity. The Company has taken adequate steps to ensure that the Your company has been practicing the principles of good Corporate Governance over the years and the Board of Directors lays strong emphasis on transparency, accountability and integrity. The Company has taken adequate steps to ensure that the conditions of corporate Governance as stipulated in clause 49 of the listing agreements of the Stock Exchanges are complied with. Further a report on Corporate Governance and Auditors Certificate regarding compliance of the conditions of Corporate Governance as stipulated under Clause 49 of the listing agreement with Stock Exchanges is given in the Annual Report..

PARTICULARS OF EMPLOYEES

Information as required to be given under Section 217 (2A) of the Companies Act, 1956, read with Companies (Particulars of the Employees) Rules, 1975, has been provided as an Annexure, which form part of this Report.

ACKNOWLEDGEMENTS

Your Directors convey their sincere gratitude and express their appreciation for the assistance extended by Industrial Development Bank of India and Companys Bankers-Kotak Mahindra Bank Limited, IDBI Bank,Indian Bank,SBI and various agencies of State and Central Governments for their continued support and guidance. The industrial relations of the Company were cordial throughout the year under review.

Your directors wish to place on record their appreciation for the services rendered by all Officers, Staff and Workmen of the Company. Your Directors would also like to thank all the shareholders who have reposed their confidence on the Company.

By the order of the Boardfor P. M TELELINNKS LIMITED

Date: 2ND SEPTEMBER 2009 Sd/- Place: Secunderabad (G.P.SURANA) MANAGING DIRECTOR