Home  »  Company  »  Bronze Infra Tech Lt  »  Quotes  »  Notes to Account
Enter the first few characters of Company and click 'Go'

Notes to Accounts of Bronze Infra Tech Ltd.

Mar 31, 2015

1. 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 10 one voce per share Any shareholder whose name Is entered in the Regular 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 ensuring Annual General Meeting, The Company in genera; meeting can't declare dividend in excess of?fthe amount recommended by the Board. Dividend as declared m the ensuing Annual General Meeting, shall be distributed within the period provided in companies Act, 2013.

In the event of Winding op of the company, Equity Shareholders will be entitled to receive remaining assets of the Company, after distribution of all preferential amounts. Cor the sasd purpose the. hq^kktor may set: such value as be deems fair upon any property to be divided and may determine how such divisions shall lie carried out between the members.

2. Aggregate number of shares allotted as fully paid up by way of bonus shares during the period of fee years immediately preceding the reporting date ;

Equity Shares of' 10 each

Issued as fully paid-up by way of Bonus Shares (issued in Ratio of 1:12 adjusted with securities Premium Account) in FY, 2012 -13 Equity Shares of RS 347.

3. RELATED PARTY DISCLOSERS:

(a) List of Related Parties

Name of related patties with whom transactions have taken place doting the yeat:

(i) Key Management personnel

Goutam Gupta Managing Director

Amit Bonsal CFO

(ii) Other Related Parties (Enterprises having control over the Company

Component Textiles (p) Ltd

B. The Cornpanyy do not have any Geographical Segment

The company operates mainly in Works & Supplies contracts, hence in pursuance to the requirements of accounting. Standard 17 isued by the Chartered accountants of India the segments are not separetely reportable.

4. PREVIOUS YEAR FIGURES

The Company has reclassified rearranged and regrouped the previous year.

5. CORPORATE INFORMATION

Bronze Infra-Tech Limitcd (the Company) is a public limited company domiciled in India and incorporated under die provisions of the Companies Act, 2011

6. 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, 2013 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, 2014

1 CORPORATE INFORMATION

Bronze Infra-Tech limited (the Company) is a public limited company domiciled in India and incorporated under the provisions of the Companies Act, 1956.

1.1 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.

2. (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 Registar 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 all 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.


Mar 31, 2013

1 CORPORATE INFORMATION

Bronze Infra-Tech Limited (the Company) is a public limited company domiciled in India and incorporated under the provisions of the Companies Act, 1956.

1.1 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.

 
Subscribe now to get personal finance updates in your inbox!