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Notes to Accounts of Aroma Enterprises (India) Ltd.

Mar 31, 2015

1. Figures have been rounded off to the nearest rupee, wherever required.

2. Accounting standards as prescribed have been followed & reported wherever applicable.

3. In the Opinion of the Board the current assets, loans and advances will fetch the amounts stated, if realized in the ordinary course of business and adequate provision for all known liabilities of the company has been made. Balances shown under Loans, Advances, Sundry Debtors & Creditors are subject to confirmation, reconciliation and subsequent adjustment if any.

4. According to management, Company has not given any guarantee on behalf of the Directors or other officers.

5. The Company has not received information from vendors/suppliers regarding their status under the "Micro , Small & Medium Enterprises Act, 2006" and hence disclosure relating to amount unpaid for the period end together with interest paid or payable under this Act has not been given.

6. According to management, No litigations are filed against or pending against the Company. Company does not have any present obligation arising out of any past event. Hence no provision arises or is made for contingent liabilities.

7. Previous Year's figures have been regrouped / reclassified wherever considered necessary to make them comparable with the current year figures.

9. Earning Per Share (on Face Value of Rs.10/ - each)

In determining the Earnings Per share, the company considers the net profit after tax which includes any post tax effect of any extraordinary / exceptional item. The number of shares used in computing basic earnings per share is the weighted average number of shares outstanding during the period.

The number of shares used in computing Diluted earnings per share comprises the weighted average number of shares considered for computing Basic Earnings per share and also the weighted number of equity shares that would have been issued on conversion of all potentially dilutive shares.

In the event of issue of bonus shares, or share split the number of equity shares outstanding is increased without an increase in the resources. The number of Equity shares outstanding before the event is adjusted for the proportionate change in the number of equity shares outstanding as if the event had occurred at the beginning of the earliest period reported.

Basic Earning Per Share - 0.60

Profit/(Loss) after Tax / Weighted Avg. Shares Outstanding = 2966544/4940400 = Rs.0.60 Diluted Earning Per Share - 0.60

Profit/(Loss) after Tax / Weighted Avg. Shares Outstanding = 2966544/4940400 = Rs.0.60 Diluted EPS is similar to Basic EPS as there are no potential equity share as on date.

10. Loan amounting to Rs.11.60Lacs was outstanding as on 31.03.15 which was taken in earlier year from one of the Ex-Director of the Company.

11. To the best of knowledge of the management, there are no events occurring after the Balance Sheet date that provide additional information materially affecting the determination of the amounts relating to the conditions existing at the Balance Sheet Date that requires adjustment to the Assets or Liabilities of the Company.

13. As none of the employees have completed the minimum length of service as provided in payment of gratuity Act, 1972, no provision for gratuity is made by the Management.


Mar 31, 2014

1. Contingent Liability:

Contingent Liabilities are provided by way of notes to accounts, if any.

3. Related Party Transactions during the year - As per information provided by the management, no related party transaction has been entered into the company during the year under view.

4. To the best of knowledge of the management, there are no events occurring after the Balance Sheet date that provide additional information materially affecting the determination of the amounts relating to the conditions existing at the Balance Sheet date that requires adjustment to the Assets or Liabilities of the Company.

5. Details about the Micro, Small and Medium Enterprises

In absence of information regarding vendors covered under the Micro, Small and Medium Enterprises Development Act, 2006, disclosure relating to amounts unpaid as at the year end together with interest paid / payable under this Act has not been given.

6. The Company''s operation during the year under review fall under single segment namely "Loans & Advances" & has earned interest income out of same. Company has done financial activity business though neither its main object cover this object nor it is registered as NBFC under RBI to this extent company has violated regulation However, according to management, due to bad business condition company has stopped carrying out its main activities and is into transaction phase of starting new activity and hence has temporarily invested its capital into granting of loans

7. Previous year''s figures have been regrouped, reclassified and rearranged wherever necessary.


Mar 31, 2013

1. Contingent Liability: Nil (PY: Nil)

2. Earnings per Share

Particulars 31st March, 2013 31st March, 2012

Net profit / (loss) attributable to equity shareholders (Rs.) 13 62 499 32 46 916

Number of equity shares in issue during the year (shares of 48 80 800 48 80 800 face value Rs. 10 each)

Basic earnings per share (Rs.) 0.28 0.66

3. Related Party Transactions – Company has taken loan of Rs. 10 60 000/- from its Director Mr. Hemant Shah.

4. To the best of knowledge of the management, there are no events occurring after the Balance Sheet date that provide additional information materially affecting the determination of the amounts relating to the conditions existing at the Balance Sheet date that requires adjustment to the Assets or Liabilities of the Company.

5. Details about the Micro, Small and Medium Enterprises

In absence of information regarding vendors covered under the Micro, Small and Medium Enterprises Development Act, 2006, disclosure relating to amounts unpaid as at the year end together with interest paid / payable under this Act has not been given.

6. The Company is not predominantly in the business of finance. There are no additional information required to be given under Part II of the Schedule VI of the Companies Act, 1956. The Company''s operations during the year under review fall under single segment namely loans & advances and investments.

7. Company has paid Rs. 182000/- as sitting fees to Independent Director Mr. Ankit Shukla. Other Directors have waived the same.

8. Previous year''s figures have been regrouped, reclassified and rearranged wherever necessary.

 
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