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Notes to Accounts of Bijlee Textiles Ltd.

Mar 31, 2015

1 Share Capital

a. There are No ( Previous year - No) rights, preference and restriction attaching to each class of shares including restriction on the distribution of dividend and the repayment of capital.

b. There are nil number of shares ( Previous year Nil) in respect of each class in the company held by its holding company or its ultimate holding company including shares held by or by subsidiary or associates of the holding company or the ultimate holding company in aggregate.

c. There are NIL number of shares ( Previous year Nil) reserved for issue under option and contracts/commitment for the sale of shares/disinvestment including the terms and amounts.

d. For the period of five years immediately preceding the date as at which the balance sheet is prepared -

Aggregate number and class of shares allotted as fully paid-up pursuant to contract(s) Nil without payment being received in cash

Aggregate number and class of shares allotted as fully paid-up Nil

Aggregate number and class of shares bought back Nil

e. There are NO securities ( Previous year No) convertible into Equity/ Preferential Shares.

f. There are NO calls unpaid ( Previous year No )including calls unpaid by Directors and Officers as on balance sheet date or any forfeited shares.

Deferred tax recognised, subject to the consideration of prudence, on timing differences, being the difference between taxable income and accounting income that originate in one period and are capable of reversal in one or more subsequent periods.

2 The Company has no suppliers which constitutes small scale Industrial undertaking.

3 The Company principally engaged in the business of Textiles. Accordingly there are no reportable segments as per Accounting Standard No.17 issued by the Institute of Chartered Accountants of India on 'Segment Reporting'.

4 The equity shares of the company are listed on the following Stock Exchanges and company has duly paid the requisite amount of annual listing fees for the year 2014-15 to both the Stock Exchanges.

a) Ahmedabad Stock Exchange Limited Kamdhenu Complex, Opp. Sahajanand College, Panjarapole, Ahmedabad - 380 015.

b) Bombay Stock Exchange Limited Phiroz Jeejeebhoy Tower, Dalal Street, Mumbai-01.

5 Related party disclosures as required by Accounting Standard No.18 issued by the Institute of Chartered Accountants of India are as follows :

(a) Relationships :

i) Joint Ventures / Partnerships :

Rayban Investments


Mar 31, 2014

1 The Company has invested in the capital of the following partnership firms :

Name of the Partnership Firm : RAYBAN INVESTMENTS Total Capital of the Firm : Rs.31,63,66,536/-

2 No Provision for Current tax has been made in the absence of taxable income.

3 The Company has no suppliers which constitutes small scale Industrial undertaking.

4 The Company principally engaged in the business of Textiles. Accordingly there are no reportable segments as per Accounting Standard No.17 issued by the Institute of Chartered Accountants of India on ''Segment Reporting''.

5 The equity shares of the company are listed on the following Stock Exchanges and company has duly paid the requisite amount of annual listing fees for the year 2013-14 to both the Stock Exchanges.

a) Ahmedabad Stock Exchange Limited

Kamdhenu Complex, Opp. Sahajanand College,

Panjarapole, Ahmedabad - 380 015.

b) Bombay Stock Exchange Limited

Phiroz Jeejeebhoy Tower,

Dalal Street, Mumbai-01.

6 Related party disclosures as required by Accounting Standard No.18 issued by the Institute of Chartered Accountants of India are as follows :

(a) Relationships :

i) Joint Ventures / Partnerships :

Rayban Investments


Mar 31, 2013

1 The Company has no suppliers which constitutes small scale Industrial undertaking.

2 The Company principally engaged in the business of Textiles. Accordingly there are no reportable segments as per Accounting Standard No.17 issued by the Institute of Chartered Accountants of India on ''Segment Reporting''.

3 The equity shares of the company are listed on the following Stock Exchanges and company has duly paid the reqisite amount of annual listing fees for the year 2012-13 to both the Stock Exchanges.

a) Ahmedabad Stock Exchange Limited Kamdhenu Complex, Opp. Sahajanand College, Panjarapole, Ahmedabad - 380 015.

b) Bombay Stock Exchange Limited Phiroz Jeejeebhoy Tower, Dalal Street, Mumbai-01.


Mar 31, 2012

1 The Company has invested in the capital of the following partnership firms :

Name of the Partnership Firm : RAYBAN INVESTMENTS

Total Capital of the Firm : Rs. 43,80,64,179/-

Name of the partners Share of Profit/Loss

1 Shri Praful A. Shah 51.00%

2 Shri Praful A. Shah (HUF) 4.00%

3 Smt. Shilpa P. Shah 3.00%

4 Shri Alok P. Shah 15.00%

5 Shri Suhail P. Shah 15.00%

6 Bijlee Textiles Ltd. 1.00%

7 Jarigold Textiles Ltd. 1.00%

8 Introscope Properties Pvt. Ltd. 7.00%

9 Prabhat Silk Mills Ltd. 1.00%

10 Rosekamal Textiles Ltd. 1.00%

11 Wheel & Axle Textiles Ltd. 1.00%

2 No Provision for Current tax has been made in the absence of taxable income.

3 The Company has no suppliers which constitutes small scale Industrial undertaking.

4 The Company principally engaged in the business of Textiles. Accordingly there are no reportable segments as per Accounting Standard No. 17 issued by the Institute of Chartered Accountants of India on 'Segment Reporting'.

5 The equity shares of the company are listed on the following Stock Exchanges and company has duly paid the requisite amount of annual listing fees for the year 2011-12 to both the Stock Exchanges.

a) Ahmedabad Stock Exchange Limited Kamdhenu Complex, Opp. Sahajanand College, Panjarapole, Ahmedabad - 380 015.

b) Bombay Stock Exchange Limited Phiroz Jeejeebhoy Tower, Dalal Street, Mumbai-01.

6 Related party disclosures as required by Accounting Standard No. 18 issued by the Institute of Chartered Accountants of India are as follows :

(a) Relationships :

i) Joint Ventures / Partnerships :

Rayban Investments

ii) Related enterprises where transactions have taken place :

Amichand Textiles Ltd.

Vareli Fabrics Pvt. Ltd.

Garden Silk Mills Ltd.

 
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