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Notes to Accounts of Omkar Pharmachem Ltd.

Mar 31, 2015

(1) No shares were held by subsidiary, holding company, ultimate subsidiary and holding company during last five years.

(2) No bonus shares were issued during last five years.

(3) No shares were issued for consideration other than cash during last five years.

(4) No shares have been bought back by the Company during last five years.

(5) No shareholder is holding shares more than 5 % voting rights.


Mar 31, 2013

A) Related Party Disclosure :

Related Party Disclosure as required by Accounting Standard -18 is as under :

1. Key Management Personnel and their relatives : None

2. Key Management Personnel and/or their relatives have significant influence over the following enterprises : None

3. No transactions were carried out with the related parties in the ordinary course of business.

b) Previous Year''s Data :

Previous Year''s Data is regrouped/rearranged whenever necessary.


Mar 31, 2012

Segment Information as per accounting standard 17 :

Segment Reporting as defined in Accounting Standard 17 is not applicable since compnay has no segments.

a) Foreign Currency Transactions :

No Foreign Currency Transactions were entered by the Company during the previous year.

b) Related Party Disclosure :

Related Party Disclosure as required by Accounting Standard -18 is as under:

1. Key Management Personnel and their relatives : None

2. Key Management Personnel and/or their relatives have significant influence over the following enterprises : None

3. No transactions were carried out with the related parties in the ordinary course of business.

c) Previous Year's Data :

Previous Year's Data is regrouped/rearranged whenever necessary.


Mar 31, 2010

1. Additional information pursuant to part II of schedule VI of The Companies Act,1956.

Not applicable as there is no trading/manufacturing activities during year.

A. Payment in foreign exchange - Import of goods Nil

B. Expenditure in foreign currency Nil

C. Earnings in foreign Exchange - Export of goods Nil

2. Based on the information available, names of creditors who are Small Scale Industrial Undertakings and to whom Rs.100000/-each or more is outstanding as on 31st March, 2010 for over 30 days are as under: Nil

3. Earnings per share :

(a) The amount used as the numerator in calculating basic and diluted earnings per shares the net profit (Loss) for the year disclosed in the Profit and Loss Account.

(b) The weighted average number of equity shares used as denominator in calculating both basic and diluted earnings per share is 10083675

4. Related Party Disclosures :

(a) Name of the related party and nature of relationship where control exit: None

(b) Related party transactions : None

b. So far as Accounting Standard 22 (As-22) on Accounting for Taxes on income is concerned, deferred tax asset in respect of its brought forward losses are not recognized as the company does not fore see to have profit to absorb the said carried forward loss in near future.

5. Accounts of debtors, creditors and loans & advances, are subject to confirmation,

6. Previous year figure are regrouped/rearranged whenever necessary.

7. The figures are given in Rs. Lacs and rounded to nearest thousand rupees.


Mar 31, 2009

1. Earnings per share

(a) The amount used as the numerator in calculating basic and diluted earnings per shares the net profit (Loss) for the year disclosed in the Profit and Loss Account.

(b) The weighted average number of equity shares used as denominator in calculating both basic and diluted earnings per share is 10083675

2. Related Party Disclosures:

(a) Name of the related party and nature of relationship where control exit: None

(b) Related party transactions: None

3. So far as Accounting Standard 22 (As-22) on Accounting for Taxes on income is concerned, recognized deferred tax asset in respect of its brought forward losses as the company does not fore see to have profit to absorb the said the said carried forward loss & near future.

4. Accounts of debtors, creditors and loans & advances, are subject to confirmation.

5. Previous year figure are regrouped/rearranged whenever necessary.

6. The figures are given in Rs. Lacs and rounded to nearest thousand rupees.


Mar 31, 2002

1. No remuneration, sitting fees etc. paid to Directors during the year.

2. Additional information pursuant to Part II of Schedule VI of the Companies Act, 1956. Not applicable as there is no trading / manufacturing activity during year. No transaction involving foreign exchange or import / export during year.

3. There are no creditors who are Small Scale Industrial Undertakings and to whom Rs. 1,00,000/- each or more is outstanding as on 31 st March, 2002 for over 30 days.

4. Earning per share

(a) The amount used as the numerator in calculating basic and diluted earnings per share is the net profit (Loss) for the year disclosed in the Profit and Loss Account.

(b) The weighted average number of equity shares used as denominetor in calculating both basic and diluted earnings per share is 10083675.

5. Related Party Disclosures :

(a) Name of the related Party and nature of relationship where control exist : None

(b) Related Party transacions : None

6. So far as Accounting Standared 22 (S-22) on Accounting for Taxes on income is concerned, the company has not recognised deffered tax asset in respect of its brought forward losses as the company does not for see to have profit to absorb the said carried forward loss in near future.

7. Contingent liabilities not provided for in respect of income tax matters amounting to Rs. 693557. However appeal result came after financial year end is in favour of the comapny reudcing the demand to Rs. Nil

8. Accounts of debtors, creditors and loans & advances, are subject to confirmation.

9. Previous year figure are regrouped / rearranged whenever necessary.

10. The figures are given in Rs. lacs and rounded of to nearest thousand rupees.

 
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