Mar 31, 2014
1. SHARE CAPITAL
The Company has only one class of Shares referred to as equity shares
having a par value of Rs. 10/-. Each holder of equity shares is
entitled to one vote per share.
2. Related party disclosure
Disclosures as required by the Accounting Standard 18 "Related Party Disclosures" are given below:
a) List of Related Parties:
Associate Companies:
1. Healthy Investments Ltd.
2. Lakshmi Finance & Industrial Corporation Ltd.
Key management personnel:
1. Sri Murali D. Kanuri
2. Sri K. Harishchandra Prasad
3. Smt. Kanuri Prabhavati
4. Smt. C. Shanta Prasad
3. Previous years figures have been regrouped/rearranged/reclassified
whereever necessary.
Mar 31, 2013
1.1 The Company has only one class of Shares referred to as equity
shares having a par value of Rs. 10/-. Each holder of equity shares is
entitled to one vote per share.
Mar 31, 2012
Nature of Transaction Associate Company
1.1 The Company has only one class of Shares referred to as equity
shares having a par value of Rs. 10/-. Each holder of equity shares is
entitled to one vote per share.
Mar 31, 2010
I) RELATED PARTY DISCLOSURES :
Disclosures as required by the Accounting Standard 18 "Related Party
Disclosures" are given below :
A) List of Related Parties :
Associate Companies / Firms
1 Healthy Investments Ltd.
2 Lakshmi Finance & Industrial Corporation Ltd.
ii) RELATED PARTY DISCLOSURES :
A) List of Related Parties :
Key management personnel and relatives
Key management personnel
1 Sri Murali D. Kanuri
2 Sri K. Harishchandra Prasad
3 Smt KanuriPmbhavathi
4 Sri C. Santha Prasad
iii) TAXES ON INCOME :
Current tax is the amount of tax payable on the taxable income for the
year as determined in accordance with the provisions of the Income Tax
Act, 1961.
Deferred tax is recognised, on timing differences, being the difference
between taxable income and accounting income that originate in one
period and are capable of reversal in one or more subsequent periods.
The company has not recognised the net deferred tax assets in respect
of accumulated capital losses in view of non availability of the
benefit in future.
2) The Company has not received any intimation from the suppliers
regarding their status under the Micro, Small and Medium Enterprises
Development Act, 2006 and hence the disclosures relating to amount
unpaid as at end of the year together with interest payable as required
under the said act has not been furnished and provision for interest,
if any, on delayed payment is not ascertainable at this stage. No
interest payment is made during the year.
3 Generic names of three principal products / services of Company (as
per monetary terms). Item code no. iITC Code) N.A.
Product descnption Investment and trading
in securities
4) Comparative figures of the previous year have been
regrouped/rearranged wherever necessary.