Notes to Accounts of DJS Stock & Shares Ltd.

Mar 31, 2015

1. Basic of Accounting

The financial statements have been prepared in accordance with generally accepted accounting principles in India (Indian GAAP) under the historical cost convention on an accrual basis incompliance with all material aspect of the Accounting Standard (AS) notified under section 133 of the Companies Act, 2013 read together with paragraph 7 of the Companies (Accounts) Rules 2014. The accounting policies have been consistently applied by the company and are consistent with those used in the previous year, except for the change in accounting policy explained in paragraph II below.

All assets and liabilities have been classified as current or non-current as per the company's normal operating cycle, and other criteria set out in the Schedule III to the Companies Act, 2013. Based on the nature of products and the time between the acquisition of assets for processing and their realisation in cash and cash equivalents, the company has ascertained its operating cycle as up to twelve months for the purpose of current/non-current classification of assets and liabilities.

2. Revenue and Transaction Recognition

Revenue and Transactions with Stock Exchanges were recognized only for completed settlements

3. Fixed Assets

Fixed Assets are stated at cost inclusive of incidental expenses such as freight, octroi etc, incurred by the company. The installation and commissioning expenses are also capitalized.

4. Related Party Disclosure:

Name of Related parties and description of relationship

Key Management Personnel : Mr. Pratik Bhatt, Managing Director Director

: Mr. Manoj Kumar More, Non-Executive Independent Directc : Mr. Devendra Sharma, Non-Executive Independent Director : Mr. Avinash Kumar, Non-Executive Independent Director : Mr. Sunil Sharma, Non-Executive Independent Director : Mr. Kalpesh Madhvi, Non-Executive Independent Director : Mrs. Malti Bhatt, Non-Executive Independent Director

5. Disclosure pursuant to AS-28 on Impairment of Assets

During the year, a review has been done for carrying value of the assets for finding out the impairment, if any. The review has not revealed any impairment of assets in terms of AS -28.

6. Previous year figures

Previous year figurers have been regrouped or rearranged wherever found necessary.

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Mar 31, 2010

1. Contingent Liabilities

given by the Companys Bankers on behalf of the Company is amounting to Rs.850 lakhs.

2. No employee is eligible for Gratuity.

3. Previous year figure have been regrouped and reclassified wherever necessary.