Notes to Accounts of Ejecta Marketing Ltd.

Mar 31, 2016

ADDITIONAL NOTES

I. RELATED PARTIES DISCLOSURE AS PER ACCOUNTING STANDARD 18

A. List of Related Parties: -

Sr. No.__Party__Relationship_

__Sudip Laha__Managing Director_

__Bhagwan Das Soni__Director_

__Tanumay Laha__Director_

__Namrata Chakraborty__Director_

__Lokesh Pasari__CFO_

__Sankar Mukherjee__Company Secretary_

__AMM Commercial Limited__Wholly owned Subsidiary Company_

__AMM Housing Limited__Wholly owned Subsidiary Company_

__AMM Irons Limited__Wholly owned Subsidiary Company_

__AMM Textiles Limited__Wholly owned Subsidiary Company_

__Arcilla Developers Limited__Wholly owned Subsidiary Company_

__Arcilla Constructions Limited__Wholly owned Subsidiary Company_

__Arcilla Consultants Limited__Wholly owned Subsidiary Company_

__Arcilla Designers Limited__Wholly owned Subsidiary Company_

__Arcilla Housing Limited__Wholly owned Subsidiary Company_

__Arcilla Marketing Limited__Wholly owned Subsidiary Company_

__Arcilla Projects Limited__Wholly owned Subsidiary Company_

__Arcilla Real Estates Limited__Wholly owned Subsidiary Company_

__Arcilla Residency Limited__Wholly owned Subsidiary Company_

Hamilton Tradecomm Limited Wholly owned Subsidiary Company

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Mar 31, 2014

I. RELATED PARTIES DISCLOSURE AS PER ACCOUNTING STANDARD 18

A. List of Related Parties: -

Party Relationship

i. Sudip Laha Managing Director

ii. Kamal Kumar Bararia Director

iii. Bhagwan Das Soni Director iv. Tanumay Laha Director

v. Subsidiaries

-AMM Textiles Ltd.

-AMM Housing Ltd.

- AMM Commercial Ltd.

-AMM Irons Ltd.

II. Previous year''s figures have been regrouped/rearranged whenever considered necessary to confirm to current year''s grouping and classification.

a. There has been no change/ movements in number of shares outstanding at the beginning and at the end of the reporting period.

The company has only one class of issued shares i.e Equity Shares having par value of Rs.10/- per share. Each holder of Equity Shares is entitled to One vote per share and equal right for dividend. The dividend proposed by the Board of Directors is subject to the approval of shareholders in ensuing Annual General Meeting , except in case of interim dividend. In the event of liquidation , the ordinary shareholders are eligible to receive the remaining assets of the Company after payment of all preferential amounts, in proportion to their Shareholding.

b. The Company does not have any Holding Company/ ultimate Holding Company but have four subsidiaries Companies.

c. Details of Shareholders holding more than 5% Shares in the Company.

d. Equity Shares of Rs.10/- each fully paid As on 31.03.2014 As on 31.03.2013

No. of Shares % of Shareholding

Nil Nil

e. No Equity Shares have been reserved for issue under option and contracts/ commitments for the sale of shares/ disinvestment as at the Balance Sheet date.

f. 42,35,000 Equity Shares has been alloted by the company on 20/09/2013 on a preferential basis to Other than Promoters.

g. No Shares has been bought back by the company during the period of 5 years preceeding the date at which the balance sheet is prepared.

h. No Securities convertible into Equity/ Prefrence Shares issued by the company during the year.

i. No calls are unpaid by any director or officer of the company during the year.

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Mar 31, 2013

1. Exchange differences arising on a monetary item that, in substance, forms part of the company''s net investment in a non-integral foreign operation is accumulated in the foreign currency translation reserve until the disposal of the net investment. On the disposal of such net investment, the cumulative amount of the exchange differences which have been deferred and which relate to that investment is recognized as income or as expenses in the same year in which the gain or loss on disposal is recognized.

2. Exchange differences arising on long-term foreign currency monetary items related to acquisition of affixed asset are capitalized and depreciated over the remaining useful life of the asset. For this purpose, the company treats a foreign monetary item as "long-term foreign currency monetary item", if it has a term of 12months or more at the date of its origination.

3. Exchange differences arising on other long-term foreign currency monetary items are accumulated in the "Foreign Currency Monetary Item Translation Difference Account" and amortized over the remaining life of the concerned monetary item.

4. All other exchange differences are recognized as income or as expenses in the year in which they arise.

(j) Retirement and other employee benefits No liability in respect of retirement benefits has been provided for since, none of its employee are eligible for entitlement of retirement benefit for non attainment of duration of services.

(k) Income taxes Tax expense comprises current and deferred tax. Current income-tax is measured at the amount expected to be paid to the tax authorities in accordance with the Income-tax Act, 1961 enacted in India. The tax rates and tax laws used to compute the amount are those that are enacted or substantively enacted, at the reporting date.

Deferred income taxes reflect the impact of timing differences between taxable income and accounting income originating during the current year and reversal of timing differences for the earlier years. Deferred tax is measured using the tax rates and the tax laws enacted or substantively enacted at the reporting date.

Deferred tax liabilities are not recognized for all taxable timing differences in view of volume & materiality concept . Deferred tax assets are recognized for deductible timing differences only to the extent that there is reasonable certainty that sufficient future taxable income will be available against which such deferred tax assets can be realized. In situations where the company has no unabsorbed depreciation or carry forward tax losses, all deferred tax assets are recognized only if there is virtual certainty supported by convincing evidence that they can be realized against future taxable profits.

The carrying amount of deferred tax assets are reviewed at each reporting date. The company writes-down the carrying amount of deferred tax asset to the extent that it is no longer reasonably certain or virtually certain, as the case may be, that sufficient future taxable income will be available against which deferred tax asset can be realized. Any such write-down is reversed to the extent that it becomes reasonably certain or virtually certain, as the case may be, that sufficient future taxable income will be available.

(I) Segment reporting The company is a Non banking Financial Company and as such additional disclosure required under Accounting Standard -17 "Segment Reporting" is not applicable.

m) Earnings Per Share Basic Earnings per share is calculated by dividing the net profit or loss for the ‘ year attributable to equity shareholders by the weighted average number of equity shares outstanding during the period.

(n) Provisions , Contingent Liabilities and Contingent Assets A provision is recognized when the Company has a present obligation as a result of a past event, it is probable that an outflow of resources will be required to settle the obligation, in respect of which a reliable estimate can be made. Provisions are not discounted to its present value and are determined based on best estimate required to settle the obligation at the Balance Sheet date.

A disclosure of contingent liability is made when there is a possible obligation or a present obligation that may, but probably will not, require and outflow of resources. Where there is a possible obligation or a present obligation in respect of which the likelihood of outflow of resources is remote, no provision or disclosure is made.

Contingent assets are neither recognized nor disclosed in the financial statements.

(o) Cash and cash equivalents Cash and cash equivalents for the purposes of cash flow statement Comprise cash at bank and in hand and short-term investments with an original maturity of three months or less.

(P) Balance in respect of Trade Payable, Trade Receivable and Loans & Advances are subject to confirmation.

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Mar 31, 2012

1 Basts of preparation of financial statements

The financial statements have been prepared and presented under the historical cost convention on the accrual basis of accounting following generally accepted accounting principles in India (GAAP) and comply with the Accounting Standards issued by the Institute of Chartered Accountants of India & notified under the Companies (Accounting Standards) Rules 2006 as amended and the relevant provisions of the Companies Act, 1956,to the extent applicable to SMC. The financial statements are presented in Indian rupees.

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Mar 31, 2011

1. Expenditure in Foreign Currency - NIL

2. The company has not received information from vendors regarding their status under the Micro, small and Medium Enterprises Development Act, 2006 and hence disclosure relating to amount unpaid as at the year end together with interest paid/payable under this Act have not been given.

3. Retirement Benefits: Retirement benefits are provided for as and when applicable. Provision has not been made for Gratuity as mentioned in AS - 15 of ICAI

4. The Company has only one business segment. As such there is no separate reportable segment as required under AS - 17. "Segment Reporting".

5. Fringe Benefit Tax: NIL

6. In pursuance of AS-28 "Impairment of Assets "Issued by ICAI, The company has reviewed carrying cost of its assets and is of the view that there is no impairment.

7. Earning per share :NIL

8. Related Party Disc''osure ( As Identified by Management):

Pursuant to Accounting Standard - 18 "Related Party Disclosure" following are the related Parties, description of their relationship and transactions carried out with them during the year in ordinary course of business.

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Mar 31, 2010

1. Expenditure in Foreign Currency - NIL

2 The company has not received information from vendors regarding their status under the Micro, small and Medium Enterprises Development Act, 2006 and hence disclosure relating to amount unpaid as at the year end together with interest paid/payable under this Act have not been given.

3 Retirement Benefits: Retirement benefits are provided for as and when applicable Provision has not been made for Gratuity as mentioned m AS - 15 of ICAI

4. The Company has only one business segment As such there is no separate reportable segment as required under AS - 17 "Segment Reporting"

5 Fringe Benefit Tax: NIL

6. In pursuance of AS-28 "Impairment of Assets "Issued by ICAI, The company has reviewed carrying cost of its assets and is of the view that there is no impairment.

7. Earning per share :NIL

8. Related Party Disclosure I As Identified by Management}.

Pursuant to Accounting Standard - 18 ''Related Party Disclosure11 following are the related Parties, description of their relationship and transactions carried out with them during the year in ordinary course of business:

9. The previous year''s figure have been re-grouped and rearranged wherever necessary

10. Schedule A'' to ''F'' annexed to and forming part of accounts