Mar 31, 2015
1 Background
Rander Corporation Limited ('the Company') was incorporated in the year
1993 and is listed as public limited company under the Company under
the Companies Act, 1956 on Bombay Stock Exchange Limited ("BSE"),
Mumbai.
The Company is a real estate company, primarily engaged in construction
and real estate development and mainly operates in Boisar, Tarapur
region of Maharashtra, India. The Company is also engaged in
'Securities Trading and Financing Business' under NBFC license.
2. Capital commitment and contingent liability
There are no estimated amounts of contracts remaining to be executed
net of advances and not provided for on capital account as at the
balance sheet date. The Company does not any contingent liabilities
outstanding at the period.
3. Related Party Disclosures:
Transactions with Related Parties in the ordinary course of business
Nature of transaction Name of Related Party
Remuneration Mr. Amarchand Rander
Office Rent Mrs. Namita Rander
Office Rent Mrs. Durgadevi Rander
Mar 31, 2014
1 Background
Rander Corporation Limited (''the Company'') was incorporated in the year
1993 and is listed as public limited company under the Company under
the Companies Act, 1956 on Bombay Stock Exchange Limited (âÂÂBSE"),
Mumbai.
The Company is a real estate company, primarily engaged in construction
and real estate development and mainly operates in Boisar, Tarapur
region of Maharashtra, India. The Company is also engaged in financing
and investing activities.
The Company has only one class of shares viz. equity shares of par
value of Rs. 1 each. The Company had split its shares of face value of
Rs. 10 in the ratio 1:10 in October 2013 and each shareholder received
10 shares of face value of Re.1. Holder of equity shares is entitled to
one vote per share. In the event of liquidation of the Company, the
holders of equity shares will be entitled to receive any of the
remaining assets of the Company, after distribution of all preferential
amounts. However, no such preferential amounts exist currently. The
distribution will be in proportion to the number of equity shares held
by the shareholders.
2 Capital commitment and contingent liability
There are no estimated amounts of contracts remaining to be executed
net of advances and not provided for on capital account as at the
balance sheet date. The Company does not any contingent liabilities
outstanding at the period.
3 Earnings per share
Net profit after tax attributable to equity shareholders [A]
Number of shares at the beginning of the year Number of shares issued
during the year Total Number of shares at the end of the year
Weighted average number of equity shares outstanding during the year
[B] Nominal value of shares Basic earnings are share (Face value Rs. 1)
{[A] / [B]}
4 Particulars of Managerial Remuneration Salary, allowance and other
perquisites
5 Auditor''s Remuneration Audit fees
6 Expenditure in foreign currency (on accrual basis)
Import of trading goods
7 Related Party Disclosures:
Transactions with Related Parties in the ordinary course of business
Nature of transaction Remuneration
Remuneration (Resigned 28.5.2013)
Office Rent
Office Rent
Unsecured Loan
Name of Related Party
Mr. Amarchand Rander
Mr. Anil Kumar Dhoot
Mrs. Namita Rander
Mrs. Durgadevi Rander
Mrs. Komal Rander
Mar 31, 2013
1. Background
Rander Corporation Limited (''the Company'') was incorporated in the year
1993 and is listed as public limited company under the Company under
the Companies Act, 1956 on Bombay Stock Exchange Limited ("BSE''''),
Mumbai.
The Company is a real estate company, primarily engaged in construction
and real estate development and mainly operates in Boisar, Tarapur
region of Maharashtra, India. The Company is also engaged in financing
and investing activities.
2 Capital commitment and contingent liability
There are no estimated amounts of contracts remaining to be executed
net of advances and not provided for on capital account as at the
balance sheet date. The Company does not any contingent liabilities
outstanding at the period.
3 Related Party Disclosures:
A. Relate parties and nature of relationships:
(I) Key Management Personnel
Mr. Amarchand Rander Chairman & Managing Director
Mr. Anil Kumar Dhoot Director
4 Segment Reporting
A. Business Segment:
The Company operates in three business segments viz. ''Construction and
real estate development'', ''Trading business'' and ''Securities trading
and financing business.
B. Geographical Segment:
The Company operates in one Geographical Segment viz. ''Within India'',
hence no separate information for Geographic Segment wise disclosure is
required.
Mar 31, 2012
1 Background
Rander Corporation Limited ('the Company') was incorporated in the
year 1993 and is listed as public limited company under the Company
under the Companies Act, 1956 on Bombay Stock Exchange Limited
("BSE''), Mumbai.
The Company is a real estate company, primarily engaged in construction
and real estate development and mainly operates in Boisar, Tarapur
region of Maharashtra, India. The Company is also engaged in financing
and investing activities.
'Of the above equity shares issued during the financial year 1995-96,
17,400 equity shares of Rs. 10 each had been forfeited.
The Company has only one class of shares viz. equity shares of par
value of Rs. 10 each. Holder of equity shares is entitled to one vote
per share. In the event of liquidation of the Company, the holders of
equity shares will be entitled to receive any of the remaining assets
of the Company, after distribution of all preferential amounts.
However, no such preferential amounts exist currently. The distribution
will be in proportion to the number of equity shares held by the
shareholders.
There are no shareholders holding more than 5% shares as at 31 March
2012.
The reconciliation of the number of equity shares outstanding as at 31
March 2012 and 31 March 2011 is set out below :
During the previous financial year 2010-11, the Company has issued
7,500,000 equity shares of face value Rs. 10 each @ Rs. 13 per share
(including premium of Rs. 3 per share (including premium of Rs. 3 per
equity share) on preferential basis to individuals, bodies corporate
and promoters of which 7,350,000 shares have been fully subscribed by
prefrential shareholders.
2 Segment Reporting
A. Business Segment :
The Company operates in three business segments viz. 'Construction
and real estate development', 'Trading busines1 and
'Securities trading and financing business.
B. Geographical Segment :
The Company operates in one Geographical Segment viz. 'Within
India', hence no seprate information for Geographic Segment wise
disclosure is required.
Mar 31, 2011
1. Background
Rander Corporation Limited (Ãthe CompanyÃ) was incorporated in the year
1993 and is listed on Bombay Stock Exchange Limited, Mumbai.
The Company is a real estate company, primarily engaged in construction
business and mainly operates in Boisar, Tarapur region of Maharashtra.
The Company is also engaged in financing business.
2. There is no estimated amount of contracts remaining to be executed
net of advances and not provided for on capital account as at the
Balance Sheet date. The Company does not have any contingent liability
as on the balance sheet date.
3. Currency
The Company operates, prepares and presents its accounts only in one
single currency i.e Indian Rupees. The figures have been rounded off to
nearest Rupee.
4. Earnings /Expenditure in Foreign Currency
The Company has neither incurred any expenses nor earned any income in
foreign currency during the current and previous financial years.
5. Amount Due to Micro, Small and Medium Enterprises and to Small
Scale Industrial Undertaking
There are no amounts outstanding for more than 30 days due to any
Micro, Small and Medium Enterprises and to Small Scale Industrial
Undertaking as at the balance sheet date. This information and that
given in Schedule 11 - "Liabilities" regarding dues to these entities
has been determined to the extent identified on the basis of
information available with the Company. This information has been
relied upon by the auditors.
6. Impairment of Assets
All the Assets have been tested for the impairment at the balance sheet
date and as a result of same, the management of the Company does not
consider any impairment in the value of any asset.
7. Segment Reporting
A. Business Segment :
The Company operates only in one business segment i.e. construction and
real estate development and the same has been considered as primary
segment.
B. Geographical Segment :
The Company operates in one Geographical Segment viz. 'Within India',
hence no seprate information for Geographic Segment wise disclosure is
required.
11 Related Party Disclosures
A. Related Parties and Nature of Relationships :
(i) Group Companies -
Rander Holdings Private Limited
(ii) Key Management Personnel
Mr. Amarchand Rander Chairman and Managing Director
Mr. Anilkumar Dhoot Executive Director
Mr. Ashok Agrawal Non-Executive Director
Mr. S. K. Baldwa Non-Executive Director
(iii) There are no enterprises over which (i) and (ii) above, are able
to exercise significant influence with whom transactions have taken
place.
8 Information to the extent not disclosed, with regards to other
matters specified in Part II of Schedule VI of the Act, are either NIL
or Not Applicable to the Company for the year ended 31 March, 2011.
9 Previous year's figures have been regrouped/rearranged wherever
necessary to conform to current year's presentation.
Mar 31, 2010
1. There is no estimated amount of contracts remaining to be executed
net of advances and not provided for on capital account as at
the Balance Sheet date. The Company does not have any contingent
liability as on the balance sheet date.
2. Currency
The Company operates, prepares and presents its accounts only in one
single currency i.e Indian Rupees. The figures have been rounded off to
nearest Rupee
3. Earnings/Expenditure in Foreign Currency
The Company has neither incurred any expenses nor earned any income in
foreign currency during the current and previous financialyears.
4. Amount Due to Micro, Small and Medium Enterprises and to Small
Scale In dustrial Undertaking
There are no amounts outstanding for more than 30 days due to any
Micro, Small and Medium Enterprises and to Small Scale Industrial
Undertaking as at the balance sheet date. This information and that
given in Schedule 11 - "Liabilities" regarding dues to these entities
has been determined to the extent identified on the basis of
information available with the Company This information has been
rehedupon by the auditors.
5. Impairment of Assets
All the Assets have been tested for the impairment at the balance sheet
date and as a result of same, the management of the Company does not
consider any impairment in the value of anyasset.
6. Segment Reporting
A. Business Segment:
The Company operates only in one business segment i.e. construction and
real estate development and the same has been considered as primary
segment.
B. Geographical Segment:
The Company operates in one Geographical Segment viz. Within India,
hence no seprate information for Geographic Segment wise disclosure is
required.
7 Related Party Disclosures
A. Related Parties and Nature of Relationships :
(i) Group Companies-
Rander Holdings Private Limited
(ii) Key Management Personnel
Mr. Amarchand Rander Chairman
Mr.Anilkumar Dhoot Director
Mr. Ashok Agrawal Non-Executive Independent Director
Mr. Suresh Maheshwari Non-Executive Independent Director
Mr. S. K. Baldwa Non-Executive Independent Director
(iii) There are no enterprises over which (i) and (ii) above, are
ableto exercise significant influence with whom transactions have taken
place.
8 Previous years figures have been regrouped/rearranged wherever
necessary to conform to current years presentation.
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