Dream11 Fantasy Private Limited

(Formerly known as Adwaiya Realtors Private Limited)

CIN No:- U72900MH2007PTC171875

DIRECTORS’ REPORT

Dear Shareholders,

Your Directors are pleased to present the 6th Annual Report and the audited accounts for the year
ended March 31, 2014.

1. Financial Results:

2013-14 2012-13
Particulars Rs. Rs.
Gross Profit before interest and (77,936) (9,900)
depreciation
Less: Interest Nil Nil
Less: Depreciation Nil Nil
(Loss) / Profit before tax (77,936) (9,900)
Less: Provisions Nil Nil
(Loss) / Profit after tax (77,936) (9,900)

2. Operations:

The Company was incorporated in June, 2007. The Company has changed its name at the
Extra Ordinary General Meeting held on 31st August 2013 to Dream11 Fantasy Private Limited.

The Company has also altered Clause III – Object Clause of the Memorandum of Association of
for the purpose of exploring business opportunities in the field of internet gaming and internet
sports activities.

3. Dividend:

As the Company has no income/profits, no dividend for the year ended 31st March, 2014 is
recommended.

4. Changes in Share Capital

During the year under review , company has Increased the Authorised Share Capital from Rs.
1,00,000/- to Rs. 25,00,000/- .The increased in the authorized share capital was approved at the
Extra Ordinary General Meeting held on 31st August 2013.

5. Directors:

Mr. Harsh Jain and Mr. Bhavit Sheth were appointed as Directors of the Company on 28th
September 2013 and not liable to retire by rotation and Deepa Sanghani & Bittal Sanghi
ceased to be the directors of the company from December 30, 2013.

6. Auditors:

The Shareholders of the Company in the previous Annual General Meeting had re-appointed
Rajesh N. Parekh, Chartered Accountants, as the Statutory Auditors of the Company for the
financial year 2013-14.

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________________________________________________________________________________________________
Regd. Office: Unit No. 7, Basement, Trade World, B-Wing, Kamala City, S. B. Marg, Lower Parel Mumbai-400013
Tel No:-022-67495000
 Dream11 Fantasy Private Limited
(Formerly known as Adwaiya Realtors Private Limited)
CIN No:- U72900MH2007PTC171875

You are requested to re-appoint Rajesh N. Parekh, Chartered Accountants as Auditors of the
Company from the conclusion of this Annual General Meeting to the conclusion of the next
Annual General Meeting and fix their remuneration.

The appointment, if made, would be according to Section 139 and any other applicable
provisions, if any, of the Companies Act, 2013.

7. Directors Responsibility Statement:

As required under Section 217 (2AA) of the Companies Act, 1956, it is hereby stated that:

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

b) we have selected such accounting policies and applied them consistently and made
judgments and estimates that are reasonable 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 dated March 31, 2014
and of the Loss of the Company for that year;

c) we 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; and

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

8. Fixed Deposits:

The Company has not accepted any fixed deposits during the year under review.

9. Particulars of Employees:
The Company has not paid any remuneration attracting the provisions of Section 217(2A) of the
Companies Act, 1956 read with the Companies (Particulars of Employees) Rules, 1975. Hence,
no information is required to be appended to this report in this regard.

10. Conservation of Energy, Research and Development, Technology absorption and

Foreign Exchange Earnings and Outgoings:

As regards the additional information required by the Companies [Amendment] Act, 1988,
regarding Conservation of Energy, the same is not required to be given by the Company, as the
Company is not listed in the Schedule to the Companies [Disclosure of particulars in the Report
of Board of Directors] Rules, 1988.

Energy Conservation Measures, Progress made in Technology Absorption and Foreign

Exchange Earning & Outgo as required by the Companies (Disclosure of Particulars in the
report of Board of Directors) Rules, 1988 are as under:-
Energy Conservation Measures : Not Applicable
Progress made in Technology Absorption : Not Applicable
Foreign Exchange Earning & Outgo : Not Applicable

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________________________________________________________________________________________________
Regd. Office: Unit No. 7, Basement, Trade World, B-Wing, Kamala City, S. B. Marg, Lower Parel Mumbai-400013
Tel No:-022-67495000
 Dream11 Fantasy Private Limited
(Formerly known as Adwaiya Realtors Private Limited)
CIN No:- U72900MH2007PTC171875

11. Acknowledgements and Appreciation:

The Directors take this opportunity to thank Shareholders and Bankers for their consistent
support to the Company.

For and on behalf of the Board of Directors

Place: Mumbai
Date: 04th September 2014
sd/- sd/-
Harsh Jain Bhavit Sheth
Director Director
(02126100) (02124077)

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________________________________________________________________________________________________
Regd. Office: Unit No. 7, Basement, Trade World, B-Wing, Kamala City, S. B. Marg, Lower Parel Mumbai-400013
Tel No:-022-67495000