Mar 31, 2015
1 Corporate information
The Company was incorporated on 17th Jan, 1975 in the name of Shreekant
Properties & Investments Private Limited under the Companies Act, 1956
The Company Currently is presently engaged in Trading of Textile Items
The Company is listed with the BSE. The CIN of the Company is
99999MH1975PLCO1807.On dated 24th June,1985 the Company change its name
to "Silver cloud Tea Industries Limited".Further the Company change its
name to "Nimbus Industries Limited" on dated 10th October, 1995 having
duly passed the necessary resolution in terms of section 21 of the
Companies Act, 1956.
Registered Office:
A-104, Sai Baba Dham CHSL
Sai Baba Nagar, Borivali (W)
Mumbai-400092.
2 Contingent Liabilities not acknowledged as debts: NIL (P.Y.-NiL)
3 The Provisions of Provident Fund & Miscellaneous Provisions Act, 1952
and ESIC are not applicable to the Company for the year under
reference. The payment of Gratuity Act, 1972 is also not applicable.
There are no employees having completed the qualifying period of
service and hence no provision for Gratuity is required to be made.
Leave, if any, standing to the credit of the employees is encashed
during the year itself.
4 Deferred Tax Asset (Net)
Deferred Tax Asset consist of timing difference on account of:
Depreciation on Fixed Assets : Rs 208067
Rates & Taxes : Rs 772
Total : Rs 208839
5 Earning Per Share (EPS)
a) 'Profit = Net Profit for the year (After Tax) : Rs 1647344 (P.Y. Rs
1524347)
b) No of Equity Shares of Face Value of Rs 5/- each : 7621400 (P.Y.
7621400)
c) Weighted Average No of Equity Shares of Face Value of Rs 5/- each :
7621400 (P.Y. 7621400)
d) Earning Per Share (EPS) - Basic: a/b = (1647344/7621400)= 0.216
(P.Y. 0.200)
e) Earning Per Share (EPS) - Diluted: a/c = (1647344/7621400)= 0.216
(P.Y. 0.200)
6 Foreign currency transactions and translations
Initial recognition
There are no foreign currency transactions during the year.
Measurement of foreign currency monetary items at the Balance Sheet
date There are no foreign currency transactions during the year.
Treatment of exchange differences
There are no foreign currency transactions during the year.
7 Creditors MSME
As per the records available with the Company in respect of its Trade
Creditors, there are no amount due to any MSME Entities as on the date
of Balance Sheet.
8 Non applicability of Segment Reporting
The company primarily operates in a single business & geographical
segment and hence no additional disclosures are required to be given as
per as-17, segment reporting, other than those already given in the
financial results..
9 Previous Year Figures
Previous year figures have been regrouped/rearranged wherever
considered necessary.
10 In the absence of confirmations from the parties,the balances due to
and/or receivable from them have been taken as per the books.
11 Related party transactions
11.a Details of related parties:
Description of relationship Names of related parties
Holding Company NA
Ultimate Holding Company NA
Subsidiaries
Fellow Subsidiaries (to be given NA
only if there are transactions)
Associates
Key Management Personnel (KMP) 1. Nimish B. Thakore
2. Subhash Sharma
3. Sandeep A. Patel
Transactions/Balance Nil
Note: Related parties have been identified by the Management.
Mar 31, 2011
1. CONTINGENT LIABILITIES:
2010 - 11 2009 - 10
NIL NIL
2. The Company has not obtained confirmation from certain Sundry
Debtors, Sundry Creditors and Loans & Advances and are subject to
confirmation and reconciliation.
3. Previous years figures are regrouped and rearranged wherever
necessary.
4. Expenditure incurred on employees who were in receipt of not less
than Rs. 24,00,000/- Per Annum, if employed through out the year or Rs-
2,00,000/- Per Month, If employed for part of the year NIL (Previous
Year : NIL)
5. As no manufacturing activities have been carried out during the
year, information in respect of same required under paragraphs 3,4,4a,
4C and 4D of schedule VI of the Companies Act, 1956 is not given.
6. The company is operating in Single segment.
7. RELATED PARTY DISCLOSURES.
Related Party disclosures as required under Accounting Standard 18
(AS-1S) on "Related Party Disclosures" issued by the institute of
Chartered Accountants of India (ICAI) are given below.
A. RELATIONSHIPS:
a. Subsidiary Company: NA
b. Key Management Personnel:
i. Mr. Nlmish Thakore
c. Relatives of Key Management personnel: None
d. Entities over which key management personnel are able to exercise
significant influence: None
Mar 31, 2010
CONTINGENT LIABILITIES : 2009-2010 2008-2009
Nil Nil
Previous years figures are regrouped and rearranged wherever necessary.
Expenditure incurred on employees who were in receipt of not less than
Rs. 2400000/= p.a. if employed through out the year or Rs. 200000/=
per month, if employed for part of the year NIL (Previous Year: NIL)
As no manufacturing activities have been carried out during the year,
information in respect of same required under paragraphs 3,4, 4A, 4C
and 4D of schedule VI of the Companies Act, 1956 is not given.
Additional information as required under Para IV of Schedule VI to the
Companies Act, 1956
D Generic Names of Principle products / Services of the company
Item Code:- N.A.
Product Description :- N.A.
Mar 31, 2009
Not available
Disclaimer: This is 3rd Party content/feed, viewers are requested to use their discretion and conduct proper diligence before investing, GoodReturns does not take any liability on the genuineness and correctness of the information in this article