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Notes to Accounts of Pochiraju Industries Ltd.

Mar 31, 2015

Security Details

1. Term Loan from Bank is Secured by equitable mortagage of land and buildings of Bio Pharma unit situated at PLOT No.7 Phase II Alexandria Knowledge park KOLTHOOR (vill) SHAMIRPET (M) R.R.(Dist). The same is further secured by second charge on the floriculture assets of the company situated at 1/102, satyamangalam village, Hosur Tq., Krishnagiri Dist., Tamil Nadu and personal guarantee from promoter directors. The Loan is repayble quaterly over a period of 5 years with an intial morotorium of 18 months. The Loan carried interest @17.50 p.a. presently.



2. PARTICULARS 31.03.2015 31.03.2014

a) Capital Commitments Nil Nil Estimated amount of contracts remaining to be Executed on Capital Account and not provided for (net of advances)

b) ContingentLiabilitiesnotprovidedfor Nil Nil

3 . Dues to micro & small-scale industrial undertakings: As at March 31, 2015 as per available information with the company, there are no dues to small scale industrial undertakings.

4. Related Party Disclosure

Disclosures as required by the Accounting Standard 18 "Related Party Disclosure" are given below;

Key Management Personnel

Pochiraju Sudhakar Managing Director

5.In the opinion of the management, the current assets, loans and advances have a value on realization in the ordinary course of business at least equal to the amount at which they are stated, unless specifically mentioned otherwise and provisions for all known liabilities have been made.

6.Interest on term loan and cash credit loan provided based on interest rates specified in sanction letter. The actual amount interest on these accounts are not available as non payment of instalment amounts of term loan and interest on cash credit accounts, the bank has classified both the term loan and cash credit as NPA accounts and interest not levied by the bank on these loans.

7.Sundry Debtors, sundry creditors, other liabilities, loans and advances, advances from customers etc., are subject to confirmation.

8.The figures are rounded to the nearest rupee and previous year's figures have been re-arranged/re-grouped wherever necessary to confirm to the current year's classification.


Mar 31, 2014

1. a) The company has only one class of equity shares having a face value of Rs.10/- each. Each shareholder is eligible for one vote per share held.

2. Security Details

* Term Loan from Bank is Secured by equitable mortgage of land and buildings of Bio Pharma unit situated at PLOT No.7 Phase II Alexandria Knowledge park KOLTHUR (Vill) SHAMEERPET (M) R.R.(Dist). The same is further secured by first charge on the floriculture assets of the company situated at 1/102, Satyamangalam village, HosurTq., Krishnagiri Dist., Tamil Nadu and personal guarantee from promoter directors. The Loan is repayable quarterly over a period of 5 years with an initial moratorium of 18 months. The Loan carried interest @17.50 p.a. presently.

3. a) In the opinion of the management, the current assets, loans and advances have a value on realisation in the ordinary course of business at least equal to the amount at which they are stated, unless specifically mentioned otherwise and provisions for all known liabilities have been made.

b) Sundry Debtors, sundry creditors, other liabilities, loans and advances, advances from customers etc., are subject to confirmation.

c) The figures are rounded to the nearest rupee and previous year''s figures have been re-arranged/re-grouped wherever necessary to confirm to the current year''s classification.


Mar 31, 2013

PARTICULARS 31.03.2013 31.03.2012

a) Capital Commitments

Estimated amount of contracts remaining to be Nil Nil

Executed on Capital Account and not provided for (net of advances)

b) Contingent Liabilities not provided for Nil Nil

c) DUES TO SSI:

There are no dues to SSI units in respect of sundry creditors as required to be disclosed in accordance with section 211 read with part 1 of schedule VI of the Companies Act, 1956.

d) Managing Director Remuneration Rs.31,50,000 Rs.31,50,000

e) In the opinion of the management, the current assets, loans and advances have a value on realisation in the ordinary course of business at least equal to the amount at which they are stated, unless specifically mentioned otherwise and provisions for all known liabilities have been made.

f) Sundry Debtors, sundry creditors, other liabilities, loans and advances, advances from customers etc., are subject to confirmation.

g) The figures are rounded to the nearest rupee and previous year`s figures have been re- arranged/re-grouped wherever necessary to confirm to the current year`s classification.

h) Information pursuant to the provisions of part IV of Schedule of the Companies Act, 1956. Balance Sheet Abstract and Compans General Business Profile:


Mar 31, 2012

Security Details

*1. Term Loan from Bank is Secured by equitable mortagage of land and buildings of Bio Pharma unit situated at PLOT No.7 Phase II Alexandria Knowledge park KOLTHOOR (vill) SHAMIRPET (M) R.R.(Dist). The same is further secured by second charge on the floriculture assets of the company situated at 1/102, satyamangalam village, Hosur Tq., Krishnagiri Dist., Tamil Nadu and personal guarantee from promoter directors. The Loan is repayble quaterly over a period of 5 years with an intial morotorium of 18 months. The Loan carried interest @17.50 p.a. presently.

*2 Research and Development Expenditure of Rs. 2,35,99,902 consists of R & D Revenue expenditure of Rs. 100.21 Lakhs during the financial year 2010-11 and Rs. 135.79 lakhs during the firnancial year 2011-12 spent on product development of Bio-pharma Division and eligible under Section 35(2)(b) of Income Tax Act 1961 shown separately.

*3 The R & D Expendidture of Rs. 8,09,37,582 consists of capital equipment procured for R & D and is net of Rs. 50.00 Lakhs received from DSIR as grant to wards approved project for development of liquid rebies vaccine.

Contingent Liabilities

All known liabilities, wherever material.

PARTICULARS 31.03.2012 31.03.2011

a) Capital Commitments

Estimated amount of contracts remaining to be Executed on Capital Account and not provided for (net of advances) Nil Nil

b) Contingent Liabilities not provided for Nil Nil

c) DUES TO SSI:

There are no dues to SSI units in respect of sundry creditors as required to be disclosed in accordance with section 211 read with part 1 of schedule VI of the Companies Act, 1956.

d) Managing Director Remuneration Rs.63,00,000 3150000

The term loan facilities with Oriental Bank of Commerce are secured by first charge on the Immovable properties, and Movable properties of the company and also by the personal Guarantee of the promoter directors Sri P Sudhakar, Smt. P Sailaja and Smt. P B T Sundari. The term loan from Punjab National Bank is secured by first chare in the assets of the biopharma unit and second charge on the assets of the floriculture unit and personal guarantees of Sri. P,Sudhakar and Smt. P.Sailaja.

1) In the opinion of the management, the current assets, loans and advances have a value on realiszation in the ordinary course of business at least equal to the amount at which they are stated, unless specifically mentioned otherwise and provisions for all known liabilities have been made.

2) Sundry Debtors, sundry creditors, other liabilities, loans and advances, advances from customers etc., are subject to confirmation.

3) The figures are rounded to the nearest rupee and previous year's figures have been re-arranged/re-grouped wherever necessary to confirm to the current year's classification.

4) Information pursuant to the provisions of part IV of Schedule of the Companies Act, 1956. Balance Sheet Abstract and Company's General Business Profile:


Mar 31, 2010

PARTICULARS 31.03.2010 31.03.2009

a) Capital Commitments Estimated amount of contracts remaining to be Executed on Capital Account and not provided for (net of advances) Nil Nil

b) Contingent Liabilities not provided for Nil Nil

c) DUES TO SSI:

There are no dues to SSI units in respect of sundry creditors as required to be disclosed in accordance with section 211 read with part 1 of schedule VI of the Companies Act, 1956.

2) The term loan facilities with Oriental Bank of commerce are secured by first charge on the Immovable properties, and Movable properties of the company and also by the personal Guarantees of the promoter directors, Sri. P. Sudhakar, Smt. P. Sailaja, and Smt. P.B.T. Sundari.

3) In the opinion of the management, the current assets, loans and advances have a value on realisation in the ordinary course of business at least equal to the amount at which they are stated, unless specifically mentioned otherwise and provisions for all known liabilities have been made.

4) Sundry Debtors, sundry creditors, other liabilities, loans and advances, advances from customers etc., are subject to confirmation.

5) The figures are rounded to the nearest rupee and previous years figures have been re-arranged/ re-grouped wherever necessary to conform to the current years classification.

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