Mar 31, 2016
Segment revenue and segment results include transfers between business segments. Such transfers are accounted for at the agreed transaction value and such transfers are eliminated in the consolidation of the segments.
Expenses that are directly identifiable to segments are considered for determining the segment result. Expenses which relate to the company as a whole and are not allocable to segments, are included under unallocated corporate expenses.
Segment assets and liabilities include those directly identifiable with the respective segments. Unallocated corporate assets and liabilities represent the assets and liabilities that relate to the company as a whole and not allocable to any segment.
C. TERMS/ RIGHT ATTACHED TO EQUITY SHARES
The Company has only one class of equity shares having a par value of Re.1 per share. Each holder of equity shares is entitled to one vote per share.
D. Split of Face Value
There was split of Shares from Face Value of Rs 10 per share to Re1 per share during the year.
E. 30,02,500 Equity Shares of Rs 10 each was issued in the year 2013-14 for consideration other than cash.
1. During the year face value of Equity Shares was change from Rs 10 per share to Re1 per share.
2. Contingent Liabilities: Nil (Previous Year - Nil)
3. Certain Balances of parties under sundry debtors, creditors, loans and advances are subject to confirmations/reconciliation.
4. There was no expenditure/earning in Foreign Currency during the year.
5. The trading in Equity Shares of Company was suspended w.e.f. 24th December, 2015 vide BSE notice dated 21st December, 2015. Further the Company is in follow-up with BSE to revoke the suspension.
6. As informed there are no dues to Micro Small and Medium Enterprises as on 31st March, 2016.
7. The Previous yearâs figures have been regrouped, reclassified or rearranged wherever necessary.
Mar 31, 2015
1. Contingent Liabilities: Nil (Previous Year - Nil)
2. Certain Balances of parties under sundry debtors, creditors, loans
and advances are under confirmations/reconciliation.
3. There was no expenditure/earning in Foreign Currency during the
year.
4. As informed there are no dues to Micro Small and Medium
Enterprises as on 31st March, 2015.
5. The Previous year's figures have been regrouped, reclassified or
rearranged wherever necessary.
Mar 31, 2014
1. SHARE CAPITAL
(a) Terms / Rights attached to Equity Shares
The Company has only one class of Equity Shares having a par value of
Rs. 10 per shares. Each holder of equity shares is entitled to one vote
per share. Any shareholder whose name is entered in the Register of
Members of the Company shall enjoy the same rights and be subject to
the same liabilities, as all other shareholders of the same class.
Dividend proposed by the Board of Directors is subject to the approval
of the shareholders in the ensuing Annual General Meeting. The Company
in general meeting can't declare dividend in excess of the amount
recommended by the Board. Dividend as declared in the ensuing Annual
General Meeting, shall be distributed within the period provided in
section 207 of the Companies Act, 1956.
In the event of Winding up of the Company, Equity Shareholders will be
entitled to receive remaining assets of the Company, after distribution
of nil preferential amounts. For the said purpose, the liquidator may
set such value as he deems fair upon any property to be divided and may
determine how such division shall be carried out between the members.
2. RELATED PARTY DISCLOSURES
(a) List of Related Parties
(i) Key Management Personnel
Pankaj Bubna Director
Puneet Sharma Director
Satyabhama Bubna Director
Chandana Director
3. DUES TO MICRO AND SMALL ENTERPRISES AS DEFINED UNDER THE MEMBER
ACT 2006
based on the representations made to us by the management of the
Company, there are no dues to entities defined as Micro and Small
Enterprises under Micro, Small and Medium Enterprises Development Act,
20(16.
4. SEGMENT REPORTING
The Company doesn't fall in any of the category of enterprises as
mentioned in AS -17 "Segment reporting" notified by Companies
(Accounting Standards) Rides, 2006, so the company is not required to
apply this Accounting Standard.
5. In the opinion of the Board of Directors, the Current Assets , Loans
& Advances have a a value on realisation in the ordinary course of
business at not less than the amount at which they arc stated in the
accounts. Adequate provisions have been made for all known losses and
liabilities
6. Certain balances of Trade Receivables, Trade Payables, Unsecured
Loans & Advances are subject to confirmation
7. CORPORATE INFORMATION
Birdhi Chand Pannalal Agencies Limited (the Company) is a Public
limited company domiciled in India and incorporated under the
provisions of the Companies Act, 1956.
8. BASIS OF PREPARATION
The Company maintains its accounts on accrual basis following the
historical cost convention in accordance with Generally Accepted
Accounting Principles (GAAP) in India, in compliance with the
provisions of the Companies Act, 1956 and the Accounting Standards as
specified in the Companies (Accounting Standards) (Second Amendment)
Rules, 2011, prescribed by the Central Government. Management evaluates
all recently used or revised accounting standards on an ongoing basis.
The accounting policies adopted in the preparation of financial
statements are consistent with those of previous year, except for the
change in accounting policy explained below.
Mar 31, 2013
I- CORPORATE INFORMATION
Birdhi Chand Pancala Agencies Limited (the Company is a Public limited
company domiciled in India and incorporated under the provision of the
companies Act,1956. Act, 1956.
2. BASIS OF PREPARATION
THE COMPANY maintains its accounts on accrual basis following the
historical cost convention in accordance with Generally Accepted
Accounting Principles (GAAP) in India, in compliance- with the
provision the companies Act, 1956 and the Accounting Starndard as
specified in The Companies (Accounting Standards) (Second Amendment)
Rules, 2011, prescribed by the Central Government Management evaluates
all recently used or revised accounting Standards on on basics
The accounting polices adopted in the preparation of financial
statement are consistent with those of previous year,
3. DUES TO MICRO AND SMALL ENTERPRISES AS DEFINED UNDER THE MSMED ACT
2006
Based on the representation made to us by the management of the
company, there no dues to entites defined as Micro and small
enterprises under Micro Small and Medium Enterprises Development
Act 2006.
4. SEGMENT REPORTING
The company dosen''t Fall in any of the Company of enterprises as
mentioned ini AS -17 "Segment reporting" notified by companies
(Accounting Standards) Rules, 2006, so the company is not required to
apply this Accounting Standard.
5. In the opinion of the Board of Directors, the Current Asset ,
loans & Advances have a avalue oni realations in the ordinary course of
business at not less than the amount at which they are stated in
the accounts Adequate provisions have been made for all known losses
and liabilities
6. Certian balance of Trade Recevables . Trade Pa rabies, Unsecured
loans & Advances are subject to conformation.
7. PREVIOUS YEAR FIGURES
the previous year figures have been regrouped / reclassified, wherever
necessary to conform to the current year
Mar 31, 2012
1. DUES TO MICRO AND SMAJ-l ENTERPRISES AS DEFINED UNDER THE MSMED
ACT 2006
Based 00 the represeTitarEons made by the management of the Company,
then: are rtO dues to entities defined. as Micro and Small Enterpriser
under Micro, Small and Medium Enterprises Development Acth 2(H)6-
2. SEGMENT REPORTING
The Company doesn''t fall in any of the category of enterprises as
mentioned in AS -17 ''''Segment reporting*'' notified by Companies
(Accounting Standards) Rules, 2006, so the company is not required to
apply this Accounting Standard.
a) in the opinion of the Board of Directors, the Current Assets , Loans
& Advances have a a value un realisation in the ordinary course of
business at not less than the amount at which rhey are stated in the
accounts. Adequate provisions have been made for aJI known losses and
liabilities 20, Certain balances of Trade Receivables, Trade Payables,
Unsecured Loans & Advances are subject to confirmation.
Mar 31, 2011
1, Previous years figures have been regrouped and reclassified wherever
found necessary to conform to current years figures
2, Balances of a few debtors and creditors are subject to confirmation.
3, None of the employees is in receipt of remuneration in excess of
limit prescribed under Section 217(2A) -of the Companies Act 1956,
4, C.I.F value of I Import/Expenditure in Foreign Currency : NIL
5, Contingent Liabilities not provided for : NIL
6, As per the Information available with the company,, there are no
Small Scale Industrial Undertaking as defined under Section 3(3) of the
Industries (Development & Regulation) Act 1951 to whom the company owes
any sum,
7, Particulars of the Director Remuneration : NIL