Kaashyap Technologies Limited

UNAUDITED FINANCIAL RESULTS FOR THE THREE Months Ended DECEMBER 31, 2006

(Rs. in Lakhs)
Sl.No. PARTICULARS 3 Months Ended 3 Months Ended Year Ended
    31.12.2006 31.12.2005 31.03.2006
1 Income from Operations 87 0 0
2 Other Income 0 0 0
  Total Expenditure 87 0 0
3 a) Consumption
  b) Staff Cost 0 0 0
  c) Admn & Other Expenses 2.48 1.78 5.63
  d) Other Expenditure 12.05 4.33 69.68
  - 19.55 3.31 275.24
  Interest 34.08 9.42 350.55
4 Depreciation 0 0 10.11
5 Asset Scrapped/Loss on Sale of Asset 1.68 35.16 108.12
6 Profit (+)/Loss(-) before Tax(1+2-3-4-5) 0 0 1363.7
7 Provision for Taxation 51.24 -44.58 -1832.48
8 Net Profit (+)/Loss(-)(6-7) 0.18 0 0
9 Paid up Equity Share Capital 51.06 -44.58 -1832.48
10 Preference Share Capital 563.21 5632.06 5632.06
11 Reserves excluding revaluation reserves 405.57 405.57 405.57
12 Earning Per Share (Rs. )
13 Aggregate of Non-Promoter shareholding : 0.09 0 0
14 Number of Shares
  Percentage of Shareholding (%) 52820635 52820635 54145945
    93.79 93.79 96.14
Note:
1. The above unaudited results have been taken on record by the Board of Directors at their meeting held on 27th January 2007.
2. The Equity share paid-up capital of the company has been reduced from Rs. 56, 32, 06,350 comprising 56320635 shares of Rs. 10 Each to Rs. 5, 63, 20,635 comprising 56320635 shares of Re. 1 each. It was implemented by executing the corporate Action of NSDL and CDSL with the permission of BSE on the Record date 27th November 2006.
3. The depreciation is computed on the Assets remaining after the consideration of capital Reduction.
4. Investors Grievances – Opening – Nil, Received – Nil, Attended – Nil, Redirected – Nil, Closing – Nil.