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Notes to Accounts of NDA Securities Ltd.

Mar 31, 2015

1.1 Contingent Liabilities and Commitments :

The Company is contingently liable for bank guarantees outstanding for an amount of Rs.230 lacs (Previous Year Rs.180 lacs ).

1.2 Contracts: Estimated amounts of contract remaining to be executed on capital account are Nil

1.3 Shares received from Clients as margin in Furures & option and Capital market have been deposited with our clearing member M/s Globe Capital Market Ltd. and Lying with the depository participant have not been taken in our books of accounts as the beneficial ownership belongs to the clients only.

1.4 Segmental Reporting under Accounting Standard -17, issued by ICAI is not applicable to the Company.

1.5 Related party Disclosure

As per accounting standard 18 on "Related party Disclosure" issued by the Institute of Chartered Accountants of India the disclosure of transactions with the related party is as under:

1.6 "Information pursuant to the provisions of Section 22 of Micro, Small and Medium Enterprises Development Act, 2006 During the year company has not paid any interest in terms of the section 18 of the above mentioned act.No principal amount or interest amount are due at the end of this accounting year which is payable to any Micro, Small or Medium enterprises as defined in the Micro, Small and Medium Enterprises Development Act, 2006."

1.7 "The accounts of certain Sundry Debtors and Creditors, Advances for supplies and are subject to confirmation / reconciliation and adjustment, if any. The Management does not expect any material difference affecting the current year's financial statements. In the opinion of the management, the current assets, loans and advances are expected to realize at least the amount at which they are stated, if realized in the ordinary course of business "

1.8 The Company has prepared these financial statements as per the format prescribed by Revised Schedule III to the Companies Act, 2013 ('the schedule') issued by Ministry of Corporate Affairs. Previous Year figures have been recast/restated, regrouped, rearranged, reclassified to conform to the classification of the current year.

1.9 "The Current Period refers to the period April 01, 2014 to March 31, 2015. (Previous year refers to April 01, 2013 to March 31, 2014)."


Mar 31, 2014

1 Background

NDA Securities Limited is Formed on 21.09.1992 vide Registraton No. L74899DL1992PLC050366. Mr. Sanjay Agarwal, Mrs. Deepti Agarwal, Mr. Uma Shanker Gupta, Mr. Lalit Gupta and Mr. Ram Kishan Sanghi are the Present Directors of the Company.The Company has trading membership in National Stock Exchange, Bombay Stock Exchange, Mcx Currency Exchange and it is also a Depository Participant of National Securities Depositaries Ltd.

2.1 Shareholders funds

2.1.1 Share Capital

d) The Company has not allotted any fully paid up equity shares without payment being received in cash and by way of bonus shares nor has bought back any class of equity shares during the period of five years immediately preceding the balance sheet date.

2.2.2 Deferred Tax Liability (NET)

As per the requirement of the Accounting Standard 22 on "Accounting for Taxes on Income" issued by the Institute of Chartered Accountants of India, the net deferred tax liabilities written off from Statement of Profit and Loss A/c is Rs.4,66,136/- [Previous Year - Deferred Tax Liability Debited Rs. 4,40,827/-]. The year-end position of Deferred Tax Liability is given below:

Trade payables include Rs. Nil payable to related parties. *Margin include Rs. 3,22,692/- payable to related parties

(During the year the Company has sold 5,40,000/- share of its Subsidiary Co @ Rs. 11 Each out of which 90000 share has been sold to Director of the Company

(An Amount of Rs. 156095 has been write off during the year as the realisable value of quoted invest- ment is Nil

Inventories being Stock are valued lower of cost and realisable value is Nil.

No provision has been made for for Rs 8.11 Lacs as the realisable value of stock is Nil.

3.1 Contingent Liabilities and Commitments :

The Company is contingently liable for bank guarantees outstanding for an amount of Rs.180 lacs (Previous Year Rs.180 lacs).

3.2 Contracts: Estimated amounts of contract remaining to be executed on capital account are Nil

3.3 Shares received from Clients as margin in Furures & option and Capital market have been deposited with our clearing member M/s Globe Capital Market Ltd. and Lying with the depository participant have not been taken in our books of accounts as the beneficial ownership belongs to the clients only.

3.4 Segmental Reporting under Accounting Standard -17, issued by ICAI is not applicable to the Company.

3.5 Related party Disclosure

As per accounting standard 18 on "Related party Disclosure" issued by the Institute of Chartered Accountants of India the disclosure of transactions with the related party is as under:

(a) Related Parties

Mr. N. D. Agarwal Relative Of Director

N D Agarwal & Sons (HUF) Relative HUF

Uma Shanker Gupta & Sons (HUF) Relative HUF

Seema Gupta Relative Of Director

Ashutosh Gupta Relative Of Director

b) Key Managerial Personnel

Mr. Sanjay Agarwal Managing Director

Mrs. Deepti Agarwal Whole time Director

Mr. U. S. Gupta Director

Lalit Gupta Director

Ram Kishan Sanghi Director

c) Related Concerns

NDA Share Brokers Ltd. Subsidiary Company

NDA Commodity Brokers P. Ltd Subsidiary Company

NDA Realties Pvt Ltd. Group Company

NDA Research & Technologies P Ltd sGroup Company

3.6 Information pursuant to the provisions of Section 22 of Micro, Small and Medium Enterprises Development Act, 2006 During the year company has not paid any interest in terms of the section 18 of the above mentioned act.No principal amount or interest amount are due at the end of this accounting year which is payable to any Micro, Small or Medium enterprises as defined in the Micro, Small and Medium Enterprises Development Act, 2006.

3.7 The accounts of certain Sundry Debtors and Creditors, Advances for supplies and are subject to confirmation / reconciliation and adjustment, if any. The Management does not expect any material difference affecting the current year''s financial statements.In the opinion of the management, the current assets, loans and advances are expected to realize at least the amount at which they are stated, if realized in the ordinary course of business

3.8 The Company has prepared these financial statements as per the format prescribed by Revised Schedule VI to the Companies Act, 1956 (''the schedule'') issued by Ministry of Corporate Affairs. Previous year figures have been recast/restated,regrouped, rearranged, reclassified to conform to the classification of the current year.

3.9 The Current Year refers to the period April 01, 2013 to Mar 31, 2014. (Previous year refers to April 01,2012 to March 31, 2013).


Mar 31, 2013

1 Background

NDA Securities Limited is Formed on 21.09.1992 vide Registraton No. L74899DL1992PLC050366. Mr. Sanjay Agarwal, Mrs. Deepti Agarwal, Mr. Uma Shanker Gupta, Mr. Lalit Gupta and Mr. Ram Kishan Sanghi are the Present Directors of the Company.The Company has trading membership in National Stock Exchange, Bombay Stock Exchange, Mcx Currency Exchange and it is also a Depository Participant of National Securities Depositaries Ltd.

2.1 Contingent Liabilities and Commitments :

The Company is contingently liable for bank guarantees outstanding for an amount of Rs.150 lacs (Previous Year Rs.180 lacs ).

2.2 Contracts: Estimated amounts of contract remaining to be executed on capital account are Nil

2.3 Shares received from Clients as margin in Furures & option and Capital market have been deposited with our clearing member M/s Globe Capital Market Ltd. and Lying with the depository participant have not been taken in our books of accounts as the beneficial ownership belongs to the clients only

2.4 Segmental Reporting under Accounting Standard -17, issued by ICAI is not applicable to the Company.

2.5 Related party Disclosure

As per accounting standard 18 on "Related party Disclosure" issued by the Institute of Chartered Accountants of India the disclosure of transactions with the related party is as under:

a) Related Party where control exists:

Mr. N. D. Agarwal Relative Of Director

N D Agarwal & Sons (HUF) Relative HUF

Uma Shanker Gupta & Sons (HUF) Relative HUF

Seema Gupta Relative Of Director

Ashutosh Gupta Relative Of Director

b) Key Managerial Personnel

Mr. Sanjay Agarwal Managing Director

Mrs. Deepti Agarwal Whole time Director

Mr. U. S. Gupta Director

Lalit Gupta Director

Ram Kishan Sanghi Director

c) Related Concerns

NDA Share Brokers Ltd. Subsidiary Company

NDA Commodity Broker P. Ltd Subsidiary Company

NDA Realties Pvt Ltd. Group Company

NDA Research & Technologies P Ltd Group Company

2.5 Information pursuant to the provisions of Section 22 of Micro, Small and Medium Enterprises Development Act, 2006 During the year company has not paid any interest in terms of the section 18 of the above mentioned act.

No principal amount or interest amount are due at the end of this accounting year which is payable to any Micro, Small or Medium enterprises as defined in the Micro, Small and Medium Enterprises Development Act, 2006.

2.6 The accounts of certain Sundry Debtors and Creditors, Advances for supplies and are subject to confirmation / reconciliation and adjustment, if any. The Management does not expect any material difference affecting the current year''s financial statements.

In the opinion of the management, the current assets, loans and advances are expected to realize at least the amount at which they are stated, if realized in the ordinary course of business.

2.7 The Company has prepared these financial statements as per the format prescribed by Revised Schedule VI to the Companies Act, 1956 (''the schedule'') issued by Ministry of Corporate Affairs. Previous year figures have been recast/restated,regrouped, rearranged, reclassified to conform to the classification of the current year.

2.8 The Current Year refere to the period April 01,2012 to March 31,2013. (Previous year refers to April 01, 2011 to March 31,201


Mar 31, 2012

1. The Company is contingently liable for bank guarantees outstanding for an amount of Rs. 180 Lac (Previous Year Rs. 280 Lac).

2. Figures of the previous year have been regrouped/ rearranged wherever necessary to make them comparable with figures of current year.

3. Estimated amount of contracts remaining to be executed on capital account are Rs. NIL Previous Year NIL.

4. Sundry Debtors, Loans, Advance, Deposits and Creditors are subject to confirmation.

5. In the opinion of management, debtors, deposits, advances and other current assets are recoverable at par of book value in the ordinary course of business.

6. No provision has been made for the shortfall of Rs. 8.11 Lac (PY Rs. 8.11 Lac) in respect of fall of market value of stocks-in-trade of shares. Due to non-provision of this short fall profit of the Company has increased by Rs. 8.11 Lac (PY Rs. 8.11 Lac).

7. No provision of Rs. 1.56 Lacs (PY Rs. 1.56 Lacs) has been made for the shortfall in respect of the cost value and the market value of long term quoted investments as the Directors are of the opinion that diminution in value is not permanent.

8. Paisa have been rounded off to the nearest Rupee.

9. Information with regard to other matters specified in clauses 3(ii), 3(iv), 3(x), 4, 4(A), 4(C) & 4(D) 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 has not been given.

10. Shares received from Clients as Margin in futures & Options and capital market Segment have been deposited with our Clearing Member M/s. Globe Capital Markets Ltd., and lying with the Depository participant, have not been taken in our books as the beneficial ownership belongs to the clients only

11. Schedules 1 to 15 form an integral part of the Balance Sheet and Profit and Loss Account.

12. Segment reporting under Accounting Standard - 17 issued by ICAI is not applicable to the Company

13. Borrwoing Cost on loan: Borrowing cost of Rs. Nil on Term loan against property advance (Investments) has been capitalized during the year, previous year Rs. 8,59,196/-

14. Earning per share as required by Accounting Standard (AS-20), issued by ICAI is given below:-

 
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