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Notes to Accounts of Chamak Holdings Ltd.

Mar 31, 2015

1. Loan from related parties

Loan from related Parties represents non interest bearing unsecured loan obtained from a director and enterprises over which key management personnel exercise control, which is repayable wherever stipulated as mutuality agreed. There is no repayment of principal or payment of interest due by the Company as at the year end

2. EARNINGS PER SHARE

EPS is calculated by dividing the profit attributable to the equity shareholders to the number of equity shares outstanding during the year. Numbers used for calculating basic and diluted earning per equity shares as stated below:

3. Figures and words in brackets pertain to previous year unless otherwise specified.

4. Previous year's figures have been recognizes, wherever necessary to confirm with this year, presentation.

5. Figures have been rounded off to the nearest Rupee.


Mar 31, 2012

1. Loan from related parties

Loan from related parties represents non-interest bearing unsecured loan obtained from a director and enterprises over which key management personnel exercise control, which is repayable wherever stipulated as mutually agreed. There is no repayment of principal or payment of interest due by the Company as at the year end.

2. EARNING PER SHARE

EPS is calculated by dividing the profit attributable to the equity shareholders by the weighted average of the number of equity shares outstanding during the year. Numbers used for calculating basic and diluted earnings per equity share are as stated below:

3. Figures and words in brackets pertain to previous year unless otherwise specified.

4. Figures have been rounded off to the nearest Rupee.

5. During the year ended March 31, 2012, the revised Schedule VI, notified under the Companies Act, 1956, became applicable to the Company. The Company was using pre-revised Schedule VI to the Companies Act, 1956, till the year ended March 31, 2011, for preparation and presentation of its financial statements. The Company has reclassified previous year figures to conform to this year's classification. The adoption of revised Schedule VI does not impact recognition and measurement principles followed for preparation of financial statements. However, it significantly impacts presentation and disclosures made in tried financial statements, particularly presentation of financial statements.

 
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