Mar 31, 2015
1. Details of shareholders holding more than 5% shares in the company
NIL
2. All equity shares issued by the company carry equal voting and
participatory rights
Note As on As on
No Particulars 31-03-2015 31-03-2014
3. CONTINGENT LIABILITIES Nil Nil
Nil Nil
4. RELATED PARTY DISCLOSURES:
a) Disclosures of Related parties and relationship between parties:
1. Key Management Personnel : Lalith Kumar Gupa
Ritesh Kumar Gupta
2. Relatives : Lakshmi Bai Gupta
Adarsh Kumar Gupta
Madhulika Gupta
Akshay Gupta Babita
Gupta Niharika Gupta
3. Subsidiary Company : Aksharalaya Enterprises Ltd
(Upto 31.03.2015)
5. Micro, Small and Medium Enterprises Development Act, 2006
i. Amount Due to Micro, Small and Medium Enterprises - NIL
ii. Interest - NIL
the above information is given based on the information available with
the Company.
6. The balances shown under Trade Payable, other current liablities,
Trade receivables, Loans and Advances are subject to
confirmation/reconciliation.
7. Previous year's figures have been
regrouped/reclassified/rearranged/modified wherever consider necessary
8. The Company's operation mainly consist of only one segment i.e.
Infrastrucutre and therefore the figures relate to that segment only.
9. During the year Company has sold the shares of Aksharayala
Enterprises ( Subsidary Co).
10. Earning in foreign currency Rs. Nil (Previous year Rs. Nil.)
Expenditure in foreign currency(traveling, etc) Rs. NIL (Previous year
Rs.165485)
Mar 31, 2014
1. All equity shares issued by the company carry equal voting and
participatory rights
2 Directors Remuneration: 2013-14 2012-13
Salaries NIL NIL
Directors Sitting fees NIL NIL
3 Micro, Small and Medium Enterprises Development Act, 2006
i. Amount Due to Micro, Small and Medium Enterprises - NIL
ii. Interest - NIL
the above information is given based on the information available
with the Company.
4 The balances shown under Loans and Advances are subject to
confirmation/ reconciliation.
5 Previous year''s figures have been
regrouped/reclassified/rearranged/modified wherever necessary according
to the scheme of demerger
In view of the above, the Sharecapital is retrospectively modified in
accordance with the Court Order.
6 The Company''s operation mainly consist of only one segment i.e.
Infrastrucutre and therefore the figures relate to that segment only.
7 Earning in foreign currency Rs. Nil (Previous year Rs. Nil.)
Expenditure in foreign currency(traveling, etc) Rs. 200,000/- (Previous
year Rs.Nil)
Mar 31, 2013
Note As on As on
No Particulars 31-03-2013 31-03-2012
1.1 CONTINGENT LIABILITIES Nil Nil
Nil Nil
1.2 RELATED PARTY DISCLOSURES:
a) Disclosures of Related parties and relationship between parties:
1. Key Management Personnel : NIL
2. Relatives : NIL
3. Subsidiary Company : Aksharalaya Enterprises Ltd
Transactions with key management personnel and their relatives during
the year
1.3 Micro, Small and Medium Enterprises Development Act, 2006
i. Amount Due to Micro, Small and Medium Enterprises - NIL
ii. Interest - NIL the above information is given based on the
information available with the Company.
1.4 The balances shown under Loans and Advances are subject to
confrmation/ reconciliation.
1.5 Previous yearÂs fgures have been
regrouped/reclassifed/rearranged/modifed wherever necessary according
to the scheme of demerger
In view of the above, the Sharecapital is retrospectively modifed in
accordance with the Court Order.
1.6 The Company''s operation mainly consist of only one segment i.e.
Infrastrucutre and therefore the fgures relate to that segment only.
1.7 Earning in foreign currency Rs. Nil (Previous year Rs. Nil.)
Expenditure in foreign currency(traveling, etc) Rs. 200,000/- (Previous
year Rs.Nil)
Mar 31, 2012
1.1. The Company is in communication with its suppliers to ascertain
the applicability of the MSMED Act, 2006. As on the date of this
Balance- Sheet, the Company has not received any communications from
any of its suppliers regarding the applicability of this Act to them.
This has been relied upon by the Auditors
1.2 The balances shown under Loans and Advances and Bank balances are
subject to confirmation / reconciliation.
1.3 In view of continuous incurring of losses and consequent inability
to pay interest on unsecured loans, the company has requested unsecured
loan creditors for waiver of interest payment due to them. Pending
consideration of the request by the Unsecured Loan Creditors, the same
is not provided in the books of accounts.
1.4 During the Financial year 2007-08, Joint Collector National
Highways acquired Companies Land out of Sy No. 47/2 admeasuring Ac.
1.02 Gts. and out of Sy No. 96/2 admeasuring Ac. 0.20 Gts. along with
Structures, Compound Wall Thatched roof, RCC foundation etc. and the
Hon' able Court awarded Rs. 11,83,802/- Compensation for the Same. The
Company filed the petition before Joint Collector and Competent
Authority for Land Acquisition National Highways of India, Mahaboob
Nager, Mahaboob Nager Dist. for enhancement of Land Compensation and
structures which is yet to be disposed off.
1.5 The company expects substantial reduction in value of its assets
than the carrying amount but in absence of technical reports from
experts no provision is made on account of such impairment in value of
assets.
1.6 Information pursuant to the provision of part II of Schedule VI
of the Companies Act, 1956 relating to the processing Unit of the
company situated at Nandigaon regarding Licensed capacity, installed
capacity (per annum) and actual production of processed cloth.
The quantitative details as required under Schedule VI of the Companies
Act, 1956 cannot be ascertained due to closure of the business activity
since long and the unit of measurement not being common.
Earning in foreign currency Rs. Nil (Previous year Rs. Nil.)
Expenditure in foreign currency(traveling, etc) Rs. 80,000/- (Previous
fyear Rs.Nil)
Mar 31, 2010
1. Segment Reporting (Accounting Standard - 17) : The companys
operations consists mainly of Acrylic and Blinked Blankets, hence
figures relate to that segment only and also, the company operates only
in Domestic area.
2. The Balances shown under Debtors, Creditors, Secured, Unsecured
loans and Loans and advances, Bank balances and other Liabilities are
subject to confirmation / reconciliation
3. The Company is in communication with its suppliers to ascertain the
applicability of the MSMED Act, 2006. As on the date of this Balance-
Sheet, the Company has not received any communications from any of its
suppliers regarding the applicability of this Act to them. This has
been relied upon by the Auditors.
4. In view of continuous incurring of losses and consequent inability
to pay interest on unsecured loans, the company has requested some of
the unsecured loan creditors for waiver of interest payment / reduction
in rate of interest due to them. Pending consideration of the request
by the Unsecured Loan Creditors, the same is not provided in the books
of accounts.
5. During the Financial year 2007-08, joint Collector National
Highways acquired Companies Land out of Sy. No. 47/2 admeasuring Ac.
1.02 Gts. and out of Sy. No. 96/2 admeasuring Ac. 0.20 Gts. along with
Structures, Compound Wall Thatchered roof, RCC foundation etc. and the
Hon able Court awarded Rs. 11,83,802/- Compensation for the Same. The
Company filed the petition before Joint Collector and Competent
Authority for Land Acquisition National Highways of India, Mahaboob
Nager, Mahaboob Nager Dist. for enhancement of Land Compensation and
structures which is yet to be disposed off.
6. The company expects substantial reduction in value of its assets
than the carrying amount but in absence of technical reports from
experts no provision is made on account of such impairment in value of
assets.
7. Previous year figures have been regrouped, arranged and recast
wherever considered necessary.