Mar 31, 2014
1. BACKGROUND
Multiplus Holdings Limited (''the Company'') was incorporated as Amit
Holdings Limited on February 24, 1982 , Which was changed to Multiplus
Holdings Limited on February 2, 1993 . The Company has been set up
primarily with the objective of carrying on the business of a Finance
company and carries on business of Investments, trading in shares.
2. Additional information pursuant to the provision of paragraph 3 and
4 in Part II of Schedule VI of the Companies Act, 1956 (As certified by
the Directors and accepted by the Auditors without verification)
i) As the company is not a manufacturing company the provisions of
paragraph 4C are not applicable.
3. Segment Information for the year ended 31st March, 2014
The company operates in a single segment, viz. Investment and
derivatives trading in shares hence Segmental Reporting as required
under Accounting Standard 17 issued by the Institute of Chartered
Accountants of India is not applicable
4. Related party information as identified by the management as per
Accounting Standard 18 on Related Party Disclosure issued by the
Institute of Chartered Accountants of India
5. Previous Year Comparatives
The prior year amounts have been reclassified, wherever necessary, to
confirm to current year''s presentation.
Mar 31, 2013
1. BACKGROUND
Multiplus Holdings Limited (''the Company'') was incorporated as Amit
Holdings Limited on February 24, 1982 , Which was changed to Multiplus
Holdings Limited on February 2, 1993. The Company has been set up
primarily with the objective of carrying on the business of a Finance
company and carries on business of Investments, trading in shares.
2.1 Additional information pursuant to the provision of paragraph 3 and
4 in Part II of Schedule VI of the Companies Act, 1956 (As certified by
the Directors and accepted by the Auditors without verification)
i) As the company is not a manufacturing company the provisions of
paragraph 4C are not applicable.
ii) Provisions of para 4D
2.2 Segment Information for the year ended 31st March, 2013
The company operates in a single segment, viz. Investment and
derivatives trading in shares hence Segmental Reporting as required
under Accounting Standard 17 issued by the Institute of Chartered
Accountants of India is not applicable
2.3 Related party information as identified by the management as per
Accounting Standard 18 on Related Party Disclosure issued by the
Institute of Chartered Accountants of India
List of related Parties
Key Management Personnel : - Mr. Jignesh R. Sheth -Director
Mr. Jayprakash R Sheth - Director
Mr. Rajiv Kamdar - Independent Director
Mr. Kalpesh Doshi - Independent Director
2.4 Previous Year Comparatives
The prior year amounts have been reclassified, wherever necessary, to
confirm to current year''s presentation.
Mar 31, 2012
1. BACKGROUND
Multiplus Holdings Limited ('the Company') was incorporated as Amit
Holdings Limited on February 24, 1982, Which was changed to Multiplus
Holdings Limited on February 2, 1993. The Company has been set up
primarily with the objective of carrying on the business of a Finance
company and carries on business of Investments, trading in shares.
1.1 Additional information pursuant to the provision of paragraph 3 and
4 in Part II of Schedule VI of the Companies Act, 1956 (As certified by
the Directors and accepted by the Auditors without verification)
i) As the company is not a manufacturing company the provisions of
paragraph 4C are not applicable.
1.2 Segment Information for the year ended 31st March, 2012
The company operates in a single segment, viz. Investment and
derivatives trading in shares hence Segmental Reporting as required
under Accounting Standard 17 issued by the Institute of Chartered
Accountants of India is not applicable
1.3 Related party information as identified by the management as per
Accounting Standard 18 on Related Party Disclosure issued by the
Institute of Chartered Accountants of India
List of related Parties
Key Management Personnel:
Mr. Jignesh R. Sheth - Director
Mr. Jayprakash R. Sheth - Director
Mr. Rajiv Kamdar - Independent Director
Mr. Kalpesh Doshi - Independent Director
1.4 Previous Year Comparatives
The prior year amounts have been reclassified, wherever necessary, to
confirm to current year's presentation.
Mar 31, 2010
1. BACKGROUND
Multiplus Holdings Limited (the Company) was incorporated as Amit
Holdings Limited on February 24, 1982 , Which was changed to Multiplus
Holdings Limited on February 2, 1993. The Company has been set up
primarily with the objective of carrying on the business of a Finance
company and carries on business of Investments, trading in shares.
2. Segment Information for the year ended 31st March, 2010
The company operates in a single segment, viz. Investment and
derivatives trading in shares hence Segmental Reporting as required
under Accounting Standard 17 issued by the Institute of Chartered
Accountants of India is not applicable
2.1 Related party information as identified by the management as per
Accounting Standard 18 on Related Party
Disclosure issued by the Institute of Chartered Accountants of India
List of related Parties
Key Management Personnel: -
Mr. Jignesh R. Sheth - Director
Mr. Jayprakash R Sheth - Director
Mr. Rajiv Kamdar - Independent Director
Mr. Kalpesh Doshi - Independent Director
2.2 Previous Year Comparatives
The prior year amounts have been reclassified, wherever necessary, to
confirm to current years presentation.
Mar 31, 2002
GENERAL:
1. Accounting policies not specifically referred to are consistent
with generally accepted Accounting practices.
2. As the Company is not engaged in any manufacturing activities the
additional information pursuant to part II to schedule VI of the
Companies Act, 1956 has been furnished to the extent applicable.
3. Previous years figures have been regrouped / recast whenever
necessary.