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Notes to Accounts of Mahavir Industries Ltd.

Mar 31, 2015

1. Terms / Voting Rights Attached to the Equity Shares

(a) The Paid up capital of the Company consists of only the Equity Shares of Rs. 10/- Each.

(b) Shareholders are entitled to one vote per share

(c) In the event of liquidation of the Company, The holder of the equity shares will be entitled to receive remaining assets of the company, after distribution of all preferential amounts. The distribution will be in proportion of the number of the equity shares held by the shareholder.


Mar 31, 2014

1. Related party disclosures: Related parties with whom transactions have taken place during the year: NIL

2. Previous year''s comparative figures have been regrouped / recasted wherever necessary.

3. The balances of sundry debtors, sundry creditors, Loans and advances are subject to confirmations or reconciliation from respective parties


Mar 31, 2012

Corporate Information

Croitre Industries Limited was incorporated in 1989 presently engaged in the business of To manufacture, produce, buy, sell or otherwise deal in all kinds of wires and wire products

1.1 Estimated amount of contracts remaining to be executed on capital account and not provided for

1.2 Contingent Liabilities not provided for:

Dividend in arrears on cumulative preference shares – Nil

1.3 Some of the balances in Sundry Debtors, Sundry Creditors, and Advances are subject to confirmation, reconciliation's and adjustments if any, which in the opinion of the management will not be significant and would be carried out when settled.

1.4 The Company has not received any intimation from suppliers regarding their status under the Micro, Small and Medium Enterprises Development Act, 2006 and hence the disclosure, if any, relating to amounts unpaid as at the year-end together with interest paid/payable as required under the said Act have not been given.

1.5 Other Additional information required in pursuance of Paragraph 4A, 4C and 4D of the provisions of Part II of Schedule VI to the Companies Act, 1956 to the extent that they are either Nil or not applicable to the Company have not been given.

1.6 Previous Year Comparatives:

Previous Year figures have been regrouped, recast and reclassified where ever necessary.


Mar 31, 2011

1. The Company is in the process of obtaining the balance confirmations form Sundry Creditors and the balances of Loans and Advances. These are subject to adjustments / re-conciliations, if any, on receipt of confirmation.

2. As the Company's project has not yet commenced the commercial production, expenditure relatable to the project has been treated as pre-operative expenditure, to be capitalized on commencement of commercial production

3. As the project of the Company has not yet commenced the commercial production, furnishing of quantitative particulars of capacities, production, turnover etc is not applicable.

4. Previous year's figures has been regrouped and reclassified wherever necessary to confirm with the Current Year's classification.


Mar 31, 2010

1. The Company is in the process of obtaining the balance confirmations form Sundry Creditors and the balances of Land and Advances. These are subject to adjustments / re-conciliations, if any, on receipt of confirmation.

2. As the Companys project has not yet commenced the commercial production, expenditure relatable to the project has been treated as pre-operative expenditure, to be capitalized on commencement of commercial production

3. As the project of the Company has not yet commenced the commercial production, furnishing of quantitative particulars of capacities, production, turnover etc is not applicable.

4. Previous years figures has been regrouped and reclassified wherever necessary to confirm with the Current Year’s classification.

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