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Notes to Accounts of Bala Techno Global Ltd.

Mar 31, 2015

A. Terms / rights attached to Equity Shares The company has only one class of equity shares having a per value Rs 10 per share. Each holder of equity Share is entitled to one vote per share.

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 preference amounts. The distribution will be in proportion to the number of equity shares held by the shareholders

Aggregate Market Value of Quoted Investments - Bala Techno Industries Ltd : Rs194962/- ( Previous year - Rs 485138/-)

ICICI Bank Ltd : Rs 703425/- ( Previous year -Rs 590623/-)

# Investment in 15 % Non-Cumulative, Reedemable Preference shares

* Investment in 0.01 % Non-Cumulative Reedemable preference Shares

(1)The amount of Allotment money in Arrears is subject to reconciliation.

(2) Noncurrent Investments are stated at cost. Any diminution in the value of non- current investments has not been accounted for in the books as in the opinion of the Board of Directors, it is due to short term market fluctuation

(3)There are no Contingent liabilities as on 31.3.2015 (Prev. Year 'Nil'). (24)Disclosure of earning per share as per Accounting Standard-20. Earnings per share–The Numerators and Denominators used to calculate Basic/Diluted earnings per share.

(4) Based on the information available with the Company, there were no dues Payable to Small Scale Industrial Undertakings, which are outstanding for more than thirty days.

(5) The balances of Trade receivables, Trade payables, Loans & Advances are subject to confirmation from respective parties.

(6) In terms of Accounting Standard 17 of the Institute of Chartered Accountants of India, Segment Information has not been given as the Company has no reportable Business or Geographical segment.

(7) Related party disclosures as per Accounting Standard 18 of Chartered Accountants of India. There is no related party in terms of this Accounting Standard.

Note : Related Party relationship is as identified by the Company and relied upon by the auditor.

(8) Previous Years figures have been re-grouped and rearranged wherever considered necessary.


Mar 31, 2014

(1) There are no Contingent liabilities as on 31.3.2014 (Prev. Year ''Nil'').

(2) The amount of Allotment money in Arrears is subject to reconciliation.

(3) Non current Investments are stated at cost. Any diminution in the value of non current investments has not been accounted for in the books as in the opinion of the Board of Directors, it is due to short term market fluctuation.

(4) Based on the information available with the Company, there were no dues payable to Small Scale Industrial Undertakings, which are outstanding for more than thirty days.

(5) The balances of Trade receivables, Trade payables, Loans & Advances are subject to confirmation from respective parties.

(6) In terms of Accounting Standard 17 of the Institute of Chartered Accountants of India, Segment Information has not been given as the Company has no reportable Business or Geographical segment.

(7) Related party disclosures as per Accounting Standard 18 of Chartered Accountants of India.There is no related party in terms of this Accounting Standard.

Note : Related Party relationship is as identified by the Company and relied upon by the auditor.

(8) Previous Years figures have been re-grouped and rearranged wherever considered necessary.


Mar 31, 2013

1) There are no Contingent liabilities as on 31.3.2013 (Prev. Year ‘Nil'').

2) The amount of Allotment money in Arrears is subject to reconciliation.

3) Non current Investments are stated at cost. Any diminution in the value of non current investments has not been accounted for in the books as in the opinion of the Board of Directors, it is due to short term market fluctuation.

4) Based on the information available with the Company, there were no dues payable to Small Scale Industrial Undertakings, which are outstanding for more than thirty days.

5) The balances of Trade receivables, Trade payables, Loans & Advances are subject to confirmation from respective parties.

6) In terms of Accounting Standard 17 of the Institute of Chartered Accountents of India, Segment Information has not been gives as the Company has no reportable Business or Geographical segment.

7) Related party disclosures as per Accounting Standard 18 are given below :- i) Name and description of relationship with the related parties :

1. City desk Finance (P) Ltd.

2. Cross Finance (P) Limited.

3. Mehra Traders.

4. Kapil Mehra.

5. Siddharth Mehra.

6. Anil kr Saha

7. Atlantic Projects Limited

8. Pacific Cotspin Limited

9. Bala Techno Industries Limited

10. Premlata Mehra Welfare Trust

11. Gautam Mehra(HUF)

Note : Related Party relationship is as identified by the Company and relied upon by the auditor.

8) Previous Years figures have been re-grouped and rearranged wherever considered necessary.


Mar 31, 2012

(1) There are no Contingent liabilities as on 31.3.2012 (Prev. Year ''Nil'').

(2) The amount of Allotment money in Arrears, Share Issue Refundable are subject to reconciliation.

(3) Long Term Investments are stated at cost. Any diminution in the value of long term investments has not been accounted for in the books as in the opinion of the Board of Directors, it is due to short term market fluctuation.

(4). Based on the information available with the Company, there were no dues payable to Small Scale Industrial Undertakings, which are outstanding for more than thirty days.

(5). The balances of Sundry Debtors, Sundry Creditors, Loans & Advances are subject to confirmation from respective parties.

(6). In terms of Accounting Standard 17 of the Institute of Chartered Accountents of India, Segment Information has not been gives as the Company has no reportable Business or Geographical segment.

(7). Related party disclosures as per Accounting Standard 18 are given below :-

i) Name and description of relationship with the related parties :

1. City desk Finance (P) Ltd.

2. Cross Finance (P) Limited.

3. Mehra Traders.

4. Kapil Mehra.

5. Siddharth Mehra.

6. Anil kr Sana

7. Atlantic Projects Limited

8. Pacific Cotspin Limited

9. Bala Techno Industries Limited

Note : Related Party relationship is as identified by the Company and relied upon by the auditor.

Note : Figures in brackets are for the previous year.

(8) Previous Years figures have been re-grouped and rearranged wherever considered necessary.


Mar 31, 2011

(1) There are no Contingent liabilities as on 31.3.2011 (Prev. Year Nil).

(2) Disclosure of earning per share as per Accounting Standard-20. Earning per share–The Numerators and Denominators used to calculate Basic/Diluted earning per share.

(3) The amount of Allotment money in Arrears, Share Issue Refundable are subject to reconciliation.

(4) Long Term Investments are stated at cost. Any diminution in the value of long term investments has not been accounted for in the books as in the opinion of the Board of Directors, it is due to short term market fluctuation.

(5). Based on the information available with the Company, there were no dues payable to Small Scale Industrial Undertakings, which are outstanding for more than thirty days.

(6).The balances of Sundry Debtors, Sundry Creditors, Loans & Advances are subject to confirmation from respective parties.

(7).Since the Company is engaged in trading of Textile Products, this is the only reportable segment. The Company''s operating facilities are located in India.

Since sales out of India made without any significant difference in the value of supplies made to individual country, these have been aggregated "Export". There was no segment in the previous year. The Company has chosen the following geographical segments as primary segments :

1. Export

2. Domestic

(8). Related party disclosures as per Accounting Standard 18 are given below :- I) Name and description of relationship with the related parties :

1. City desk Finance (P) Ltd.

2. Cross Finance (P) Limited.

3. Mehra Traders.

4. Kapil Mehra.

5. Siddharth Mehra.

6. Dulichand Karel

7. Anil kr Saha

8. Atlantic Projects Limited

Note : Related Party relationship is as identified by the Company and relied upon by the auditor.

Note : Figures in brackets are for the previous year.

(9) Previous Years figures have been re-grouped and rearranged wherever considered necessary.

As per our attached report of even date

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