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Notes to Accounts of Achal Investments Ltd.

Mar 31, 2015

1) The previous year's figures have been rewo rked, regroup ed, rearranged and reclassified wherever necessary.

2) Below are the name of the shareholders hol ding more th an 5% of Shares of the company

3) All the investments made by the company a re valued at Cost .

4) Managerial Remuneration: Nil

5) Company does not have any inventory.

6) Deffered tax arising on account of timing differeance and which are capable of reversal in one or m ore subsequent periods is recognised using the tax rates and tax laws that have been enacted or substantively enacted. Deffered tax assests are recognised unless there is virtual certainty with respect to the reversal of the same in future years.

7) All schedules annexed to and form integral part of the Balance Sheet and Profit & Loss Account.

8) Minimum Alternative Tax (MAT) is recognised as an asset only when and to th e extent there is convicing evidence that the company will pay normal income tax during the specefied period. The Company reviews the same at each balance sheet date and writes down the carrying amount of MAT Credit Entilement to the extent there is no longer convicing evidence to the effect that company will pay normal Income Tax during the specified period.

9) Value of Import on CIF Basis Nil

10) Earnings in Foreign Exchange (FOB Value) Nil

11) Expenditure in Foreign Currency Nil

12) No Relative Party Transactions has made du ring the year except Managerial Remu neration paid to Key Managerial Remuneration as disclosed


Mar 31, 2014

1) The previous year''s figures have been reworked, regrouped, rearranged and reclassified wherever necessary.

2)

Reconcilation of Nos. Of Shares 2013-14 2012-13



Number of Equity Shares at the beginning 4243200 4243200

Add:- Number of Shares Issued 0 0

Number of Equity Shares at the end 4243200 4243200

3) Below are the name of the shareholders holding more than 5% of Shares of the company

Name Class of Share No. of Share Holding Percentage of Holding

TCL Management Equity 750600 17.69% Management Services Pvt Ltd

4) All the investments made by the company are valued at Cost .

5) Managerial Remuneration: Nil

6) The inventories of the company are valued as per cost price and market price which ever is less.

7) Deffered tax arising on account of timing differeance and which are capable of reversal in one or more subsequent periods is recognised using the tax rates and tax laws that have been enacted or substantively enacted. Deffered tax assests are recognised unless there is virtual certainty with respect to the reversal of the same in future years.

8) The revised Schedule VI as notified under the companies Act,1956, has become applicable to the company for the presentation of its financial statements for the year ending March 31,2013. The adoptation of the revised Schedule VI requirements has significantly modified the presentation and disclosurs which have been complied with in these financial statements Previous year figures have been reclassified in accordance with current year requirements.

9) All schedules annexed to and form integral part of the Balance Sheet and Profit & Loss Account.

10) Minimum Alternative Tax (MAT) is recognised as an asset only when and to the extent there is convicing evidence that the company will pay normal income tax during the specefied period. The Company reviews the same at each balance sheet date and writes down the carrying amount of MAT Credit Entilement to the extent there is no longer convicing evidence to the effect that company will pay normal Income Tax during the specified period.

11) Value of Import on CIF Basis Nil

12) Earnings in Foreign Exchange (FOB Value) Nil

13) Expenditure in Foreign Currency Nil

14) The Company has no employee to whom the provisions of section 217 (2A) of the Companies Act, 1956 are applicable.


Mar 31, 2013

1) The previous year''s figures have been reworked, regrouped, rearranged and reclassified wherever necessary.

2) Reconciliation of Nos. Of Shares 2012-13 2011-12

Number of Equity Shares at the beginning 4243200 4243200

Add:- Number of Shares Issued 0 0

Number of Equity Shares at the end 4243200 4243200

3) Below are the name of the shareholders holding more than 5% of Shares of the company

Name Class of No. of Share Percentage Share Holding of Holding

RADHA RANI Equity 350,000 8.25% CHARITABLE TRUST

NISHI MAHESHWARI Equity 385,000 9.07%

SHASHI MAHESHWARI Equity 265,000 6.25%

TCL MANAGEMENT Equity 500,600 11.80% SERVICES PRIVATE LIMITED

KLM PROPERTIES Equity 250,000 5.89% PRIVATE LIMITED

4) All the investments made by the company are valued at Cost.

5) Managerial Remuneration:

6) The inventories of the company are valued as per cost price and market price whichever is less.

7) Deferred tax arising on account of timing difference and which are capable of reversal in one or more subsequent periods is recognized using the tax rates and tax laws that have been enacted or substantively enacted. Deferred tax assets are recognized unless there is virtual certainty with respect to the reversal of the same in future years.

8) The revised Schedule VI as notified under the companies Act,1956, has become applicable to the company for the presentation of its financial statements for the year ending March 31,2013. The adaptation of the revised Schedule VI requirements has significantly modified the presentation and disclosures which have been complied with in these financial statements Previous year figures have been reclassified in accordance with current year requirements.

9) All schedules annexed to and form integral part of the Balance Sheet and Profit & Loss Account.

10) Minimum Alternative Tax (MAT) is recognized as an asset only when and to the extent there is convincing evidence that the company will pay normal income tax during the specified period. The Company reviews the same at each balance sheet date and writes down the carrying amount of MAT Credit Entitlement to the extent there is no longer convincing evidence to the effect that company will pay normal Income Tax during the specified period.

11) Value of Import on CIF Basis Nil

12) Earnings in Foreign Exchange (FOB Value) Nil

13) Expenditure in Foreign Currency Nil

14) The Company has no employee to whom the provisions of section 217 (2A) of the Companies Act, 1956 are applicable.

15) Earning Per Share:

Particulars As at 31.03.2013

Net profit after tax available ) for Equity Shareholders (Rs. (A) 112248.00

Weighted Avg.Number Equity Shares 4243200 outstanding (Nos.) (B)

Dilutive potential Equity Shares (Nos.) 0

Dilutive shares outstanding (Nos.) (C) 4243200

Nominal value per Equity Shares (Rs./ Share) 10

Basic Earnings per share (Rs./ Share) (A) / (B) 0.026

Diluted Earnings per share (Rs./ Share) (A) / (C) 0.026