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Notes to Accounts of Samyak International Ltd.

Mar 31, 2015

1. There was foreign exchange outflow USD : 617476 and inflow USD :NIL during the year regarding import of various commodities.

2. The previous year's figures have been reworked, regrouped and reclassified wherever necessary to confirm to the figures of the current year.

3. The figures have been rounded off to the nearest rupee.

4. Turnover include of sale of various commodities of Rs. 2519.29 Lacs and shares of Rs. 58.41 Lacs.

5. Sigment Reporting : The Company operates in three business segments, i.e., trading in Petroleum products, Iron & steel, and shares, business sigment have been identified as reportable primary segment in accordance with Accounting Staderred-17 "Segment Reporting as prescribed under Companies (Accounting Standered) Rules, The Categories included in each of the reported business segment are as under :

1.Petroleum Products

2. Iron & steel, Cement & other Commodities

3. Equity Shares

6. Segment wise accounts are not maintained by the Company.

7. Related Party Disclosers AS-18 :

a. Key Management Personel Mr. Sudhir Jain - MD

CS Devendra Singh Kushwah - CS

b. Relative (s) of Key Management Personel Mr. Sunit Jain - CFO

c. Subsidotry Alpha Tar Industries Pvt. Ltd.

d. Enterprises which share common director

1. Flash Herbal India Pvt. Ltd.

2. Osia Infra Project Ltd.

3. Sharvi Media Ltd.

4. Kishori Infra Project Ltd.

5. VSN Eco Fuel Pvt. Ltd.

8. Investment in Quoted/Unquoted shares has been taken at cost.

9. Samll scale undertaking : The Company has not received any information from any of the suppliers of their being a small scale unit, Hence amount due to small industrial unit outstanding as on march 31, 2015 are not ascertainable.

10. There is no amounts, required to be transferred to the Investor Education and Protection Fund by the Company's


Mar 31, 2014

1. Contingent liabilities :- NIL

2. Bonus entitlements on shares are recognised on ex-bonus dates without any acquisition cost.

6. There was foreign exchange outflow USD : 182790 and inflow USD :NIL during the year regarding import & Export of various commodities.

7. The previous years figures have been reworked, regrouped and reclassified wherever necessary to confirm to the figures of the current year.

8. The figures have been rounded off to the nearest rupee.

9. Turnover include of sale of various commodities of Rs. 1357.56 and shares of Rs. 03.58 Lacs.

10. Sigment Reporting : The Company operates in three business segments, i.e., trading in Petroleum products, Iron & steel, and shares, business sigment have been indentified as reportable primary segment in accordance with Accounting Staderred-17 "Segment Reporting as prescribed under Companies (Accounting Standered) Rules, The Categories included in each of the reported business segment are as under :

1. Petroleum Products

2. Iron & steel, Cement & other Commodities

3. Equity Shares

11. Segment wise accounts are not maintained by the Company.

11. Related Party Disclosers AS-18 :

a. Key Management Personel Mr. Sudhir Jain-MD

b. Relative (s) of Key Management Personel NIL

c. Associates Aadi Chemtrade Pvt. Ltd.

d. Enterprises which share common director 1. Suhans Capital Market Pvt. Ltd.

2. G.S. Real Estate & allied Ltd.

3. Raj Rajendra Parachlor (P) Ltd.

14. Investment in Quoted/Unquoted shares has been taken at cost.

15. Other information persuant to paragraphs 3 &4 of the part - II of the schedules - VI to the Companies Act, 1956. Is not applicable to the Company under review.

16. Samll scale undertaking : The Company has not received any information from any of the suppliers of their being a small scale unit, Hence amount due to small industrial unit outstanding as on march 31, 2014 are not ascertainable.

17. Quantity Information : Additional information as required under part-II & III of schedule VI of the Comapines Act 1956 in respect of quantity records.


Mar 31, 2013

1. Contingent liabilities:- NIL

2. Bonus entitlements on shares are recognised on ex-bonus dates without any acquisition cost.

3. Balance in personal accounts of Receivables and Loans & Advances are subject to Confirmation.

4. There was foreign exchange outflow USD :514509 and inflow USD :18000 during the year regarding import & Export of various commodities.

5. The previous years figures have been reworked, regrouped and reclassified wherever necessary to confirm to the figures of the current year.

6. The figures have been rounded off to the nearest rupee.

7. Turnover include of sale of various commodities of Rs. 818.80 and shares of Rs.53.27 Lacs

8. Sigment Reporting: The Company operates in three business segments, i.e., trading in Petroleum products, Iron & steel, and shares, business sigment have been indentified as reportable primary segment in accordance with Accounting Staderred-17 "Segment Reporting as prescribed under Companies (Accounting Standered) Rules, The Categories included in each of the reported business segment are as under:

1. Petroleum Products

2. Iron & steel, Cement & other Commodities

3. Equity Shares

9. Investment in Quoted/Unquoted shares has been taken at cost.

10. Other information persuant to paragraphs 3 &4 of the part - II of the schedules - VI to the Companies Act, 1956. Is not applicable to the Company under review.

11. There are no dues Payble to small scale Industrial undertaking in view of the business of the nature of the campany.


Mar 31, 2012

1. Contingent liabilities:-NIL

2. Bonus entitlements on shares are recognised on ex-bonus dates without any acquisition cost.

3. There was foreign exchange outflow USD: 313200 and inflow USD: NIL during the year regarding import & Export of various commodities.

4. The previous years figures have been reworked, regrouped and reclassified wherever necessary to confirm to the figures of the current year.

5. The figures have been rounded off to the nearest rupee.

6. Turnover include of sale of various commodities of Rs. 5180.72 Lacs and shares of Rs. 51.46 Lacs.

7. Sigment Reporting: The Company operates in three business segments, i.e., trading in Petroleum products, Iron & steel, and shares, business sigment have been indentified as reportable primary segment in accordance with Accounting Staderred-17 "Segment Reporting as prescribed under Companies (Accounting Standered) Rules, The Categories included in each of the reported business segment are as under:

1. Petroleum Products

2. Iron & steel, Cement & other Commodities

3. Equity Shares

8. Investment in Quoted/Unquoted shares has been taken at cost.

9. Other information persuant to paragraphs 3 &4ofthe part -II of the schedules -VI to the Companies Act, 1956. Is not applicable to the Company under review.

10. Quantity Information : Additional information as required underpart-ll & III of schedule VI of theComapinesAct 1956 in respect of quantity records.


Mar 31, 2010

1. Contingent Nabilities:- NIL

2. Bonus entitlements on shares are recognised on ex-bonus dates without any acquisition cost.

3. There was foreign exchange outflow USD: 1440 and inflow USD: NIL during the year regarding import & Export of various commodities.

4. The previous years figures have been reworked, regrouped and reclassified wherever necessary to confirm to the figures of the current year.

5. The figures have been rounded off to the nearest rupee.

6. Turnover include of sate of various commodities of Rs. 2849.11 Lacs and shares of Rs.27.09 Lacs.

7. Sigment Reporting:The Company is engaged primerly in the small items & accordingly their are no reportable separate sigments as per accounting standards -17 on sigment reporting as under: 1. Export Turnover - Rs. NIL Lacs 2. Domestic Turnover- Rs. 287620 Lacs. 3. Total Sigment Reveneue: Rs. 2842.26.

8. Investment in Quoted/Unquoted shares has been taken at cost.

9. Other information persuant to paragraphs 3 &4 of the part - II of the schedules - VI to the Companies Act, 1956. Is not applicable to the Company under review.

10. Quantity Information : Additional information as required under part-ll & III of schedule VI of the Comapines Act 1956 in respect of quantity records.

 
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