Home  »  Company  »  Authum Investment  »  Quotes  »  Notes to Account
Enter the first few characters of Company and click 'Go'

Notes to Accounts of Authum Investment & Infrastructure Ltd.

Mar 31, 2014

(a) Terms / rights attached to Equity Shares

The Company has only one class of equity shares having par value of Its 10/- per share. All these shares have the same right with respect to payment of dividend, repayment of capital and voting.

In the event of liquidation of the Company, the holders of equity shares will be entitled to receive remaining assers of the Company, after distribution of all the preferential amounts. The distribution will be in proportion to the number of equity share held by the shareholders.

1. Public Deposits

The Company has not accepted any public deposit during the year.

2. Related Party Disclosure

Related parties with whom die company had transactions during the year.

(i) Key Management Personnel (KMPs} Mr. Navin Kumar Jain

ii) Relatives ot KMPs Mrs. Arti R. Katliotia

iii) Enterprise over which ICMPs or then- relatives is able to exercise significant influence

Enterprises over which relatives of Excellent Sales Pvt. Ltd.

ICMPs able to exercise significant Subhkam Securities Pvt. Ltd. influence. Subhkam Properties Pvt. Ltd.

The Company deals in only one segment and in one geographical location only hence die detailed segment reporting as per Accounting Standard 17 notified by the Companies (Accounting Standard) Rules, 2006 is not required.

3. The Company has not received any intimation from "Suppliers" regarding their status under the Micro, Small and Medium Enterprises Development Act, 2006 and hence disclosures, if any, relating to amounts unpaid as at the year end together with interest paid/payable as required under the said Act has not been given.

4. As a matter of prudence, the Company has given effect to a RBI Circular No.DNBS.PD.CC.No.207/ 03.02.002 / 2010-11 dated 17th January, 2011 and accordingly created Contingent Provision against Standard Assets in its Financial Statement.

5. Figures for the previous year have been re-grouped and/or re-arranged wherever found necessary.


Mar 31, 2013

(a) Terms / rights attached to Equity Shares

The Company has only one class of equity shares having par value of Rs 10/- per share. All these shares have the same rinht with respect to payment of dividend, repayment of capital and voting.

In the event of liquidation of the company the holder of equity share will be enlited to receivers remaining assets of the Company after disrtibution of all the preferential distribution will be in proportion to the number of equity share held by the

1. Public Deposits

The Company has not accepted any public deposit during the year.

2. Related Party Disclosure

Related parries with whom tire company had transactions during the year (i) Key Management Personnel iKMPsi Mr. Navin Kumar Jain ii) Relatives of KMPs Arti R. Kathoria

Enterprise over which KMPs or their relatives is able to exercise significant influence: Excellent Sales Pvt. Ltd

(b) The Company has issued 8,234,350 bonus shares in the ratio of 2:5 in its Annual General Meeting held on 29* September, 2012, These bonus shares are allotted on 15th October, 2012. The EPS figure for the previous year have been reworked to give effect of this allotment of bonus shares, as required by the Accounting Standard (AS) 20-"Eaming Per Share."

3. Segment Reporting

Phe Company deals in only one segment and in one geographical location only hence die detailed segment reporting as per Accounting Standard 17 notified by the Companies (Accounting Standard) Rules, 2006 is not required.

4. No employee benefits in the form of Provident Fund, Superannuation and Gratuity etc. are applicable to the Company.


Mar 31, 2012

1, Public Deposits

The Company has not accepted any public deposit during the year.

2. Related Party Disclosure

Information given in accordance with Accounting Standard-18. -

(i) Kev Management Personnel (a) Mr. Aditya Parekh

(ii) Transactions with Related Parties

No Transaction has been done during the year with related parties.

3. Segment Reporting

The Company deals in only one segment and in one geographical location only hence the uKnt reporting as per Accounting Standard 17 notified by the Companies (Accounting Standard) Rules, 2006 is not required,

4. No employee benefits in the form of Provident Fund, Superannuation and Gratuity etc. are applicable to the Company.

5. The Company has not received any intimation from Suppliers'''' under tile"Micro, Small and Medium Enterprises Development Act. ,006 and hence dSosu^Jf any, relating to amounts unpatd as a, the year end together with interestpaid/payable as required under the said Act has not been given.

67. As a matter of prudence, the Company has given effect to a RBI Circular No.DNBS.PD.CC.No.207/ 03.02.002/ 2010-11 dated 17th January, 2011 and accordingly created Contingent Provision against Standard Assets in its Financial Statement .

7. Figures for the previous year have been re-grouped and/or re-arranged wherever found necessary.

 
Subscribe now to get personal finance updates in your inbox!