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Volume 280564

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XT Global Infotech Ltd 531225
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Share Holding

Category No. of shares Percentage
Total Foreign 0 0.00
Total Institutions 0 0.00
Total Govt Holding 0 0.00
Total Non Promoter Corporate Holding 0 0.00
Total Promoters 1875901 35.09
Total Public & others 3470500 64.92
Total 5346401 100
  • Total Foreign
  • Total Institutions
  • Total Govt Holding
  • Total Non Promoter Corporate Holding
  • Total Promoters
  • Total Public & others

About Dot Com Global Ltd

Dot Com Global Ltd., formerly known as Precimet Diamonds (India) (PDIL) was incorporated on 7 Jul.'92. It was promoted by Shailesh Javeri and Deepak Javeri, who also have interests in Star Gems Antwerp and Queen Diamonds. PDIL is managed by chairman Shailesh Javeri, and managing director Deepak Javeri. PDIL came out with a public issue, in Mar.'95, aggregating Rs 1.90 cr, to part-finance a plant to manufacture gold jewellery, diamond cutting and polishing and for long-term working capital. Total requirement of funds was estimated at Rs 7.5 cr. PDIL is engaged mainly in diamond trading activities and it is now expanding into the manufacture of diamonds, gold jewellery and sale of jewellery through its own retail outlet. The company will primarily market it products through Queen Diamonds, New York, and through its business associates in Dubai. The company is setting up a showroom at Linking Road, Khar, which is a prominent upmarket commercial area. During the year 1997 company has earned foreign exchange worth of Rs 4105.62 lakhs.

Dot Com Global Ltd Chairman Speech

Dot Com Global Ltd Company History

Dot Com Global Ltd., formerly known as Precimet Diamonds (India) (PDIL) was incorporated on 7 Jul.'92. It was promoted by Shailesh Javeri and Deepak Javeri, who also have interests in Star Gems Antwerp and Queen Diamonds. PDIL is managed by chairman Shailesh Javeri, and managing director Deepak Javeri. PDIL came out with a public issue, in Mar.'95, aggregating Rs 1.90 cr, to part-finance a plant to manufacture gold jewellery, diamond cutting and polishing and for long-term working capital. Total requirement of funds was estimated at Rs 7.5 cr. PDIL is engaged mainly in diamond trading activities and it is now expanding into the manufacture of diamonds, gold jewellery and sale of jewellery through its own retail outlet. The company will primarily market it products through Queen Diamonds, New York, and through its business associates in Dubai. The company is setting up a showroom at Linking Road, Khar, which is a prominent upmarket commercial area. During the year 1997 company has earned foreign exchange worth of Rs 4105.62 lakhs.

Dot Com Global Ltd Directors Reports



The Members,

Dot Com Global Limited

Your Directors have pleasure in presenting before you the 21st ANNUAL REPORT of the Company together with the Audited Statement of Accounts for the year ended 31st March, 2013.

(Amounts in Lakhs)

FINANCIAL RESULTS 2012-2013 2011-2012
Revenue from Operation 36.73 35.25
Employee Benefit Expenses 32.56 11.13
Depreciation and Amortization 0.22 0.29
Other Expenses 484.82 23.84
Profit (Loss) Before Tax (480.88) (0.02)
Provision for Taxation - -
Profit (Loss) After Tax (480.88) (0.02)


During the year under review, company has posted a turnover of Rs.36.73 Lacs as against previous year turnover of Rs.35.25 Lacs registering about 4.20% growth. Company has made significant efforts in creation of market and name for its quality it services and Software activity. Further to report that Company is taken serious initiatives for development of business and make dent in market share through good marketing strategies. Your directors are therefore confident of coming out with significant growth in the future years and thereby wiping out losses incurred in the previous years and posting a decent growth.

The Company faces huge loss on sale of its investments of Rs.39 lacs this year. Apart from it there are also write-off of Advances and Sundry Debtors of Rs. 195.31 Lacs and Rs.237.58 Lacs respectively. The loss of the Company therefore increased contrary to the promised made by the management last year.


Your directors do not recommend any Dividend for the year ended on 31st March 2013 due to expansion and growth plans.


During the period under review the Company did not accept deposits in terms of Section 58A of the Companies Act, 1956 and pursuant to the provision of the Non-Banking Financial Companies (Reserve Bank) Direction 1997.


• Mr. Somasekharareddy Nallappareddy Chittor has been appointed as Additional Directors of the Company on February 22, 2013. As per the provisions of Section 260 of the Act, he shall hold office only up to the date of the forthcoming Annual General Meeting (AGM) of the Company and is eligible for appointment as Directors. The Company has received notice under Section 257 of the Act, in respect of the above person, proposing his appointment as a Director of the Company. Resolutions seeking approval of the members for the appointment of Mr. Somasekhara Reddy Nallappareddy Chittor as Director of the Company have been incorporated in the Notice of the forthcoming AGM along with brief details about them.

• Mr. Srivenkata Ramana Tammisetti and Mr. P. Obul Reddy, Directors, retire by rotation and being eligible have offered themselves for re-appointment.

• Ms. Suneetha Indukuri has resigned from the office of Director of the Company with effect from February 22, 2013.


M/s L N P & Co Chartered Accountants, Hyderabad, who are the statutory auditors of the Company, hold office, in accordance with the provision of the Act upto the conclusion of the forthcoming AGM and are eligible for re-appointment.

The Company has received letter from them to the effect that their appointment if made would be within the prescribed limits under Section 224 (1B) of the Companies Act, 1956.


The Company does not have any group companies and Subsidiary companies.


During the year the Registered office of the company is shifted from Nawab House, 2nd Floor, 63, Maharshi Karve Road, Mumbai, Maharashtra-400002 to The Avenue, #604/605, 6th Floor, Opposite Hotel Leela, Sahar Road, Andheri (East), Mumbai - 400099 with effect from 18th January 2013.


The Equity Shares of the Company are listed on the Bombay Stock Exchange (BSE) where the trading of the securities is currently suspended w.e.f 01.10.2002.


There was no employee in the Company whose particulars are required to be furnished as per section 217 (2A) of the Companies Act, 1956, read with Companies (Particulars of Employees) Rules, 1975 as amended upto date.


The operations of the company are not energy-intensive. However adequate measures have been taken to reduce energy consumption by using energy efficient computers and equipments with the latest technologies. Your company constantly evaluates new technologies and invests in them to make its infrastructure more energy-efficient. Currently your company use

During the year under review the Company has no foreign exchange earnings and outgo.


Your Directors hereby report that:

a) in the preparation of annual accounts, the applicable accounting standards have been followed;

b) appropriate accounting policies have been selected and applied consistently and judgments and estimates made that are responsible and prudent so as to give true and fair view of the state of affairs of the Company at the end of the financial year ended 31st March 2013;

c) Proper and sufficient care has been taken 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;

d) annual accounts have been prepared on a going concern basis.


A report on corporate governance along with Management Discussion and Analysis is annexed to this report as Annexure A certificate from Statutory Auditors with regards to the compliance of the corporate governance, as stipulated in Clause 49 of the Listing Agreement, by the company is annexed to this report.

The company has fully complied with all mandatory requirements prescribed under Clause 49 of the listing agreement. In addition, the company has also implemented some of the non-mandatory provisions of Clause 49.


The Board of Directors takes the opportunity to thank the Bankers and Government for the Co-operations and support by them from time to time in the operation of the company during the year. The Board also places on record its deep appreciation for the contribution made by the employees at all levels.

Place :Mumbai By order of the Board
Date : 31-08-2013 For Dot Com Global Limited
(Mallikarjuna Reddy C N)

Dot Com Global Ltd Company Background

I V S N Raju
Incorporation Year1992
Registered OfficePlot No 6 Jayaberi Enclave,Gachibowli Serilingampally
Telephone,Managing Director
Company Secretary
AuditorL N P & Co
Face Value10
Market Lot1
RegistrarPurva Sharregistry (I) Pvt Ltd
33 Printing House,28-D Police Court La,Fort,Mumbai - 400 001

Dot Com Global Ltd Company Management

Director NameDirector DesignationYear
I V S N Raju Managing Director 2013
Bipin Jhaveri Director 2013
Santosh Reddy Kattamidi Director 2013
Sri Venkata Ramana Executive Director 2013
B Ammanna Naidu Additional Director 2013
P Satyavenkata Suramanyam Additional Director 2013
I Sunitha Additional Director 2013
Kesamreddy Mohan Srikanth Reddy Additional Director 2013
T Srivenkata Ramana Additional Director 2013

Dot Com Global Ltd Listing Information

Dot Com Global Ltd Finished Product

Product NameUnit Installed
Income from Software DevelopmeNA 0000.35
Rough Diamonds NA 0000
Sale of Software Packages NA 0000
Semi Precious Jewellery-TradedNA 0000
Silver Coins NA 0000
Cut & Polished Diamonds NA 0000
Gold Jewellery NA 0000
Gold TT Bar NA 0000

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