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Notes to Accounts of Uday Jewellery Industries Ltd.

Mar 31, 2015

1. The Company has not ascertained, from out of the amounts payable, "dues" to Small Scale undertakings.

2. The Company is in the business of trading Jewellery. It has no separate segments. Hence, Segment reporting as per AS-17 is not applicable.

3. Related party disclosure in accordance with the Accounting Standard 18 is as follows:

A. Name of related parties and related party relationships:

Associate Concerns: Sanghi Jewellers Pvt. Ltd, Narbada Gems and Jewellery Limited, Trisa Retail Limited

B. Transactions with related party during the year along with balances at year end:


Mar 31, 2014

1. Balances standing to the debit/credit of the parties are subject to reconciliation and confirmation by them.

2. The Company has not ascertained, from out of the amounts payable, "dues" to Small Scale undertakings.

3. The Company is in the business of trading Jewellery. It has no separate segments. Hence, Segment reporting as per AS-17 is not applicable.

4. Related part disclosure in accordance with the Accounting Standard 18:

A Name of related parties and related part relationships:

B . Transactions with related party during the year along with balances at year end:

5. The Company has no reportable segments either by geography or by products.

6. Previous year's figures are regrouped wherever necessary.


Mar 31, 2013

1. Terms /Rights attached to equity shares :The company has one class of equity shares having a par value of Rs10/-per share. Each shareholder is eligible for one vote per share. The dividend proposed, if any by the board of directors is subject to the approval. shareholders in the ensuring Annual General Meeting In the event of Liquidation, the equity shareholders are eligible to receive the remaining assets of the companyafter distribution of all preferencial amounts,in proportion to their shareholding.

2. Balances standing to the debit/credit of the parties are subject to reconciliation and confirmation by them.

3. The Company has not ascertained, from out of the amounts payable, “dues” to Small Scale undertakings.

4. No provision is made towards Income Tax and Deferred Tax, as a matter of prudence, in view of Unabsorbed Depreciation and carried forward losses.

5. The Company is in the business of trading Jewellery. It has no separate segments. Hence, Segment reporting as per AS-17 is not applicable.

6. The Company has no reportable segments either by geography or by products.

7. Previous year’s figures are regrouped wherever necessary.


Mar 31, 2012

1. Balances standing to the debit/credit of the parties are subject to reconciliation and confirmation by them.

2. No provision is made towards Income Tax and also Deferred Tax, as a matter of prudence, in view of Unabsorbed Depreciation and carried forward losses.

3. Transactions during the year with related parties:

Associate concerns:

i) Sanghi Jewellers Pvt Ltd

ii) Narbada Gems & Jewellery Ltd

iii) Trisa retail Ltd

Nature of Transaction Associate(Rs)

(a) Purchases 11,54,81,185/-

Note : Necessary approval from the Regional Director has been taken by the Company

5. The Company has no reportable segments either by geography or by products.

6. Previous year's figures are regrouped wherever necessary.

 
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