AFFLUENCE

DIRECTOR’S REPORT

The Directors of the Company have Pleasure in Placing before you the Annual Report and the Audited Accounts for the Financial year ended on 31st March, 2014.

FINANCIAL RESULTS:

During the financial year under review, the company has earned a profit of Rs.20,643.00 as against a loss of Rs. 1,00,675.00 in the immediately preceding year. Accordingly board is looking to better prospects of entertainment industry at large and board is bulish prospective in future for the company growth.

DIRECTOR’S COMMENT ON QUALIFICATIONS OR ADVERSE REMARKS OF THE AUDITORS:

There are inadequate profits from the operations of the company and directors are hopeful to recover the reported amount during F.Y. 2014-15.

DIRECTORS:

Mr.Nishant Jhajharia, Director of the Company retire by rotation in accordance with the provisions of the Companies Act, 1956 and being eligible offers himself for reappointment.

PARTICULARS OF EMPLOYEES:

As, there was no Employee drawing Remuneration in excess of the limits prescribed, information as per section 217(2A)of the Companies Act, 1956 read with the Companies (Particulars of Employees) Rule 1975 as amended is not given.

CONSERVATION OF ENERGY, TECHNOLOGY ABSORPTION AND FOREIGN EXCHANGE EARNINGS AND OUTGO:

Details of conservation of energy and technology absorption are as per Annexure attached to this report. The Company did not have any Foreign Exchange Earnings or Out-Go.

AUDITORS:

The term of present Auditors of the Company, M/s Batra & Agarwal, Chartered Accountants, Kanpur expires at the conclusion of ensuing Annual General Meeting and being eligible they have confirmed their willingness to accept office, if re-appointed. The Board recommends the appointment.

The observations made in the Auditors Report are self explanatory and do not call for any further information.

DIRECTOR’S RESPONSIBILITY STATEMENT IN TERMS OF SECTION 217 (2AA) OF THE COMPANIES ACT, 1956:

Your Directors have prepared financial statements in conformity with generally accepted accounting principle so as to ensure that they give a true and fair view of the state of affairs of the company at the end of the financial year and the profit and loss of the company for that period.

Your directors hereby confirm that:-

(i) In the preparation of the financial statement applicable accounting standards have been followed;

(ii) Appropriate accounting policies have been followed and applied consistently;

(iii)all the books of accounts and statutory registers have been properly maintained and proper and sufficient care has been taken for safeguarding all the assets and other interest of the

company and for preventing and detecting fraud and other irregularities.

(iv) The directors have prepared the annual accounts on going concern basis.

ACKNOWELDGEMENT:

Your Directors would like to express their appreciation for the contribution made by the Company's Personnel at all levels.

Your Directors also appreciate the valuable Co-operation and continued support extended by the Company's Bankers, Auditors, Legal Advisor and all the Government Departments with whom it had dealt with.

LISTING:

Company is listed at U P Stock Exchange Limited at Kanpur, Uttar Pradesh. However the shares of the company are not traded at the exchange as no trading platform is available at the said Exchange.

PLACE : KANPUR BY ORDER OF THE BOARD

DATED : 01.09.2014 PURPLE ENTERTAINMENT LIMITED

(RAGHURAJ KANUDIA ) (S.P.KANUDIA)

DIN: 01111305 DIN: 00206225