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Notes to Accounts of Siddhi Vinayak Shipping Corporation Ltd.

Mar 31, 2015

1. Terms/rights attached to shares:

The Equity shares have a face value of Rs 10 per share. Each holder of share is entitled to one vote per share. In the event of liquidation of company all shareholders will be entitled to receive remaining assets of the company after distribution of all preferential amounts in proportion to the shares held by them.

2. Balances of Loans and Advances, Debtors, Creditors & Bank are subject to confirmation and reconciliation.

c. Related Party Disclosure (AS 18)

Based on the details as provided by the management:

Name of the related party and description of relationship:

Key Managerial Personnel (KMP)

& Executive Director Manoj Kumar Sarawagi (Executive Director)

Sanjay Kumar Sarawagi (Executive Director)

Rakesh Kumar Sarawagi (Executive Director)

Ankita Jain (Company Secretary)

Mustufa Haji (Chief Financial Officer)

Rakesh Kumar Singh (Ceased as on 09.02.2015 from Manager)

Relatives of KMP & Govind Prasad Sarawagi

Executive Director Kanta Devi Sarawagi

Sarla Sarawagi Sandhya Sarawagi Sujata Sarawagi

Meena Tibrewal

Nitu Kumari

Enterprises owned or significantly influenced by KMP or their relatives: Sanjay Sarawagi HUF Manoj Sarawagi HUF

Rakesh Sarawagi HUF

Govind Prasad Sarawagi HUF

Rose Commotrade Private Limited

Hi Choice Trading LLP

Divyashakti Trading Private Limited

Hi Tech Merchandise Private Limited

Lansdown Dealers Private Limited

Star mark trading Private Limited

Surat Realtors Pvt Ltd

Siddhi Vinayak Silk Mills Private Limited

Shri Siddhi Vinayak Fashions Private Limited

Anmol Tradelink Private Limited

Lifeline Agencies Private Limited

Narmada Polyster Private Limited

Siddhi Vinayak Weaving Private Limited

S.V Plantation Private Limited

Siddhi Vinayak Polyfab Private Limited

Siddhi Vinayak Knots & Prints Private Limited

Tapti Valley Education Foundation

J-10 Green infrastructure

Urban india

Krishnakali Couture Private Limited

3. As per AS 17- Segment Reporting, Segment information has to be provided when the company has more than one reportable business segment.

i) Ship Fabrication

ii) Shipyard

As during the year no activity or business has been carried out in Ship yard, no separate segment reporting has been done except identification of segment wise assets.

4. Figures of previous year have been regrouped and rearranged wherever necessary.

5. Details of value of Imports, Earnings in foreign Currency and expenditure in foreign currency: NIL

Mar 31, 2014

Not Available.