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Notes to Accounts of Tirupati Tyres Ltd.

Mar 31, 2015

1.1 Segment Reporting-

The Company operates in one business segment of trading in tyres and allied products. As such, there are no separate reportable business segments as per Accounting Standard, AS- 17 Segment Reporting, as prescribed by the Rules.

1.2 Related party Disclosure

As per Accounting Standard (AS18) During the current year, there are no related party transactions has been carried out

1.3 Previous year figures have been regrouped, and reclassified wherever considered necessary to conform to current year's classification


Mar 31, 2014

1. (i) Balance of cash on hand at the end is accepted as certified by the management of the company

(ii) The figures of the previous year are taken as it is from the report of the previous auditor.

(iii) Balance of Sundry Debtors, Creditors, unsecured loans, Loans & advances are subject to Confirmation of the parties.

2. Detailed note on the terms of the rights, preferences and restrictions relating to each class of shares including restrictions on the distribution of dividends and repayment of capital.

i) The Company has only one class of Equity Shares having a par value of Rs. 10/- per share. Each holder of Equity Share is entitled to one vote per share. The Company declares and pays dividend in Indian Rupees. During the year ended 31st March 2014, the Company has not declared any dividend.

ii) In the event of liquidation of the Company, the holders of Equity shares will be entitled to receive remaining assets of the Company, after distribution of all preferential amounts. The distribution will be in proportion to the number of Equity shares held by the shareholders.

3. Detailed note on shares reserved to be issued under options and contracts I commitment for the sale of shares I divestments including the terms and conditions.

The company does not have any such contract / commitment as on reporting date.

4. Detailed terms of any securities convertible into shares, e.g. in the case of convertible warrants, debentures, bonds etc.

The company does not have any securities convertible into shares as on reporting date.

Note 5 - Previous year figures

The previous years figures are taken as it is from the report of the previous auditor.


Mar 31, 2013

Note No As at As at 31st March, 31st March, 2013 Amount 2012 Amount (Rs. ) (Rs. )

1. Contingent liabilities and commitments (to the extent not provided for)

Contingent liabilities

Sales Tax Demand 0 0

Income tax Demand 0 0

0

Total 0 0


Mar 31, 2012

Note As at 31st As at 31st No March, 2012 March, 2011 Amount (Rs. ) Amount (Rs. )

1. Contingent liabilities and commitments (to the extent not provided for)

Contingent liabilities Sales Tax Demand 0 0

Income tax Demand 0 0

0

Total 0 0


Mar 31, 2011

Note As at 31st As at 31st No March, 2011 March, 2010 Amount (Rs. ) Amount (Rs. )

1. Contingent liabilities and commitments (to the extent not provided for)

Contingent liabilities

Sales Tax Demand 0 0

Income tax Demand 0 0

0

Total 0 0

 
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