Mar 31, 2015
1) Details of shares held by the holding compary, the ultimate holding
company, their subsidiaries and associates: NIL 5) No dividend has beer
proposed by the Board of Directors for the year ended 31 st March, 2015
2) The Company has only one class of shares referred to as equity shares
having par value of Rs. 10/-; each holder of equity shares is entitled
to one vote per share.
3) No dividend has been proposed by the Board of Directors for the year
ended 31st March, 2015
4) In event of liquidation of the company the holders of equity shares
will be entitled to receive any of the remaining assets of the Company,
after the distribution of all preferential amounts, in proportion to the
number of equity shares held by shareholders.
5) Aggregate number and class of shares allotted as fully paid up
pursuant to contract(s) without payment being received in cash, bonus
shares and shares bought back for the period of 5 years immediately
preceding the Balance Sheet date: NIL
Mar 31, 2013
(A) The Company is contingently liable to HDFC Bank, Fort Branch for
Rs. Nil (PY Rs. 400.00 Lakhs) towards Bank Guarantees issued by the
bank in
favour of The Bombay Stock Exchange, and NSCCL against which Bank is
holding Fixed Deposits of Rs. Nil (PY Rs. 87.50 Lakhs) since the Bank .
Guarantees were surrendered during the yeai.
The Company was contingently liable to the Directors for the collateral
personal guarantee given by them for the same in the previous year and
is not contingently liable to them as on 31st March, 2013.
(B) The Company is contingently liable on account of Gratuity up to
31/03/2013 is Rs. 1,675,016 /- (PY Rs. 1,904,856/-) Other benefits like
leave encashment are accounted on accrual basis.
(C) The Company is contingently liable to Director for the Guarantee
given to HDFC Bank for Overdraft Facility upto Rs. Nil (PY Rs. 3.00 Cr)
since the Overdraft Facility was surrendered during the year.
(D) Fixed Deposit of Rs. Nil (PY Rs 62.50 Lakhs) pledged with the bank
for availing Short Term Loan (Current Year Nil, PY Rs. 125.00 Lakhs)
Mar 31, 2012
Iktib Securities and Investment Ltd Notes forming part of the financial
statements
1) In the opinion of the Management, the Current Assets and Loans and
Advances arenot less than the value stated, if realised in the ordinary
course of business. .
2) Figures of the previous year have been regrouped and recast wherever
necessary so as to make them comparable with those of the current year.
4) The Company has no outstanding dues to small-scale industrial
undertakings as on 31st March, 2012
5) (A) The Company is contingently liable to HDFC Bank, Fort Branch for
Rs. 400,00 Lakhs (PY Rs. 425.00 Lakhs) towards Bank Guarantees issued
by the bank in favour of The Bombay Stock Exchange, and NSCCL against
which Bank is holding Fixed Deposits of Rs. 87.50 Lakhs (PYRs. 106.25
Lakhs).
The Company is contingently liable to the Directors for the collateral
personal guarantee given by thçm for the same.
(B) The Company is contingently liable on account of Gratuity up to
31/03/2012 is Rs. 1,904,856/-(PY Rs. 1,838,044/-) ' Other benefits like
leave encashment are accounted on accrual basis.
(C) The Company is contingently liable to Director for the Guarantee
given to HDFC Bank for Overdraft Facility upto Approx Rs. 3.00 Cr (P.Y.
3.00 Cr).
(D) Fixed Deposit of Rs 62.50 Lacs pledge with the bank for availing
Short Term Loan of Rs125.00 Lacs (P.Y. Rs 75.00 Lacs)
6) Overdraft Account with the bank is secured by personal guarantee of
Directors as well as the flat belonging to Director.
7) Related Party Disclosures are as per Annexure 'A'.
8) Other Information pursuant to Schedule VI of the Companies Act, 1956
is either Nil or Not Applicable.
3) Details of shares held by the holding company, the ultimate holding
company, their subsidiaries and associates. NIL
4) The Company has only one class of shares referred to as equity
shares having par value of Rs. 10/-; each holder of equity shares is
entitled to one vote per share.
5) The dividend proposed by the Board of Directores is subject to the
approval of the shareholders in the Annual General Meeting except in
case of intreim dividend.
6) In event of fiquidation of the company the holders of equity shares
will be entitled to receive any of the remaining assets of the Company,
after the distribution of all preferential amounts, in proportion to
the number of equity shares held by shareholders.
7) Details of shares held by each shareholder holding more than 5%
shares:
Mar 31, 2011
1) Debts due by Directors: Rs.Nil (PY Rs. Nil); Maximum Balance due by
directors during the year Rs. 12,602,173/- (PYRs. 16,825,413/-)
2) Debts due from Companies under the same management: Oasis
Securities Ltd. Rs.Nil (PY Rs. Nil)
Maximum Balance due during the year from the above Companies Oasis
Securities Ltd Rs.8,456,029/- (PY Rs. 4,471,923/-)
3) Overdraft Account with the bank is secured by personal guarantee of
Directors as well as the flat belonging to Director.
4) Related Party Disclosures are as per Annexure 'A'.
5) Other Information pursuant to Schedule VI of the Companies Act,
1956 is either Nil or Not Applicable.
Mar 31, 2010
1) The Company has no outstanding dues to small-scale industrial
undertakings as on 31st March, 2010
2) (A) The Company is contingently liable to HDFC Bank. Fort Branch for
Rs. 175 Lakhs (PY Rs. 200.00 Lakhs) towards
Bank Guarantees issued by the bank in favour of The Bombay Stock
Exchange, against which Bank is holding Fixed
Deposits of Rs. 87.50 Lakhs (PY Rs. 100.00 Lakhs).
The Company is contingently liable to the Directors for the collateral
personal guarantee given by them for the same. ( B ) The Company is
conBngendy liable on account of Gratuity up to 31/03/2010 is Rs.
841,629 /- (PY Rs. 736,425/-)
Other benefits like leave encashment are accounted on accrual basis.
C ) The Company has given counter guarantee to HDFC Bank towards
Guarantee given by HDFC Bank to Oasis Securities Ltd a company in which
directors are interested, for Rs 450.00 Lakhs (PY Rs. 450.00 Lakhs).
(D) The Company is contingently habit to Director for the Guarantee given
to HDFC Bank for Overdraft Facility used upto Approx Rs. 3.00 Cr (P.Y. Nil).
3) Debts due by Directors: Rs. Nil (PY Rs, 1,281,103); Maximum Balance
due by directors during the year Rs.16,825,413/- (PY Rs. 13,438,054/-)
4) Debts due from Companies under the same management: Oasis
Securities Ltd. Rs.Nil (PY Rs. Nil)
Maximum Balance due during the year from the above Companies Oasis
Securities Ltd Rs. 4,471,923 /- (PY Rs. 3,434,539/-)
5) During the year remuneration of Rs.706,880/- (PY Rs. 2,901,010/-)
has been paid to the Wholetime Directors along with allowances of Rs.
19,200 /- (PY Rs. 18,400) and me same is within the limits prescribed
in the Companies Act. However the same is yet to be approved by
general body as per schedule - XIII
6) Overdraft Account with the bank is second personal guarantee of
Directors as well as flat beloning to Director.
7) Related Party Disclosures are as per Annexure A.
8) Other Information pursuant to Schedule VI of the Companies Act,
19S6 is either Nil or Not Applicable.