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Notes to Accounts of Adhiraj Distributors Ltd.

Mar 31, 2015


The Company was incorporated under the Companies Act 1956 as Adhiraj Distributors Private Limited on 1st day of February 2011. Later on the Company was converted into Public Limited Company on 28th May 2014. Its CIN is U52190WB2011PLC158320 and presently has the authorized capital of Sixteen Crores Rupees. The company is actively engaged in trading of all types of textile goods. It has its registered office in CENTRAL PLAZA, 41, B. B. Ganguly Street, 2nd Floor, Room No. 13B, Kolkata - 700 012, West Bengal, India.

(2.1) Rights, preferences and restrictions attached to equity shares

The Company has only one class of issued, subscribed and paid up equity shares having a par value of Rs. 10/- each per share. Each holder of equity shares is entitled to one vote per share. The dividend, if proposed by the Board of Directors is subject to the approval of the Shareholders in the ensuing Annual General Meeting. In the event of liquidation of the Company, the holders of equity shares will be entitled to receive remaining assets of the Company, after distribution of all preferential amounts. The distribution will be in proportion to number of equity shares held by the shareholders.

(3) Segment Information

Considering the nature of the Company's business and operations,there are no separate reportable segments (business/ geographical) in accordance with the requirements of Accounting Standard 17 'Segment Reporting',issued by ICAI.

(4) Previous Year Figures :

The previous year figures, have been regrouped / reclassified, wherever necessary to confirm to the current years presentation.

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