Mar 31, 2014
1.1 The company does not have any outstanding amount payable to Micro,
Small and Medium Enterprises as specified in Micro, Small and Medium
Enterprises Development Act, 2006.
1.2 Provisions of the Payment of the Gratuity Act, and the Employees''
Provident Funds Act, 1952 are not applicable to the Company.
1.3 Previous year figures have been regrouped / rearranged, wherever
necessary to control with current year''s presentation.
A )Terms/ Rights Attached to Fquity Sharps:
i) The company has only one class of equity shares having par value of
Rs. 10. Each holder of equity shares is entitled to one vote per share.
ii) In the event of liquidation of the company, the holders of the
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.
Mar 31, 2013
1.1 The company does not have any outstanding amount payable to Micro,
Small and Medium Enterprises as specified in Micro, Small and Medium
Enterprises Development Act, 2006.
1.2 Provisions of the Payment of the Gratuity Act, and the Employees''
Provident Funds Act, 1952 are not applicable to the Company.
1.3 Related parties disclosures:
Associate Companies
Remi Securities Limited, Kuberkamal Industrial Investment Private
Limited, Remi Finance & Investment Private Limited, Rajendra Finance
Private Limited, Remi Fans Limited, Remi Anupam Fans Limited, Remi
Electrical Industries Limited and Remi Engineering Fans Limited.
A )Terms/ Rights Attached to Equity Shares:
i) The company has only one class of equity shares having par value of
Rs. 10. Each holder of equity shares is entitled to one vote per share.
ii) In the event of liquidation of the company, the holders of the
equity shares will be entitled to reecive 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.
Mar 31, 2012
NOTE : 1 SHARE CAPITAL
A) Terms/Rights Attached to Equity Shares:
i) The company has only one class of equity shares having par value of
Rs. 10. Each holder of equity shares is entitled to one vote per share.
The company declares and pays dividend in Indian Rupees. The dividend
proposed by the Board of Directors, if any, is subject to the approval
of the shareholders in the ensuing annual general meeting.
ii) In the event of liquidation of the company, the holders of the
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.
2. Company does not have complete information to determine Micro,
Small and Medium Enterprises as specified in Micro, Small and Medium
Enterprises Development Act, 2006 hence it is not possible for us to
verify the amount due to such enterprises.
3. Provisions of the payment of The Gratuity Act, and the Employees'
Provident Funds Act, 1952 are not applicable to the Company.
4. Till the year ended 31st March, 2011, the Company was using
pre-revised schedule VI to the Companies Act, 1956, for preparation and
presentation of its financial statements. During the year ended 31st
March, 2012, the revised schedule VI notified under the Companies Act
1956, has become applicable to the Company. The Company has
reclassified previous year figures to conform to this year's
classification. The adoption of revised schedule VI does not impact
recognition and measurement principles followed for preparation of
financial statements.
Mar 31, 2011
1. Company does not have complete information to determine Micro,
Small and Medium Enterprises as specified in Micro, Small and Medium
Enterprises Development Act, 2006 hence it is not possible for us to
verify the amount due to such enterprises.
2. Provisions of the payment of The Gratuity Act, and the Employees'
Provident Funds Act, 1952 are not applicable to the Company.
3. Contingent
As at As at
31-03-2011 31-03-2010
Guarantees to bank 4,30,00,000 4,30,00,000
on behalf of third
parties
4. Other additional information required to be given under paragraph 3
and 4 of part II of Schedule VI to the Companies Act, 1956, are not
applicable.
5. Previous year's figures are regrouped / rearranged wherever found
necessary.
Mar 31, 2010
1. Company does not have complete information to determine Micro,
Small and Medium Enterprises as specified in Micro, Small and Medium
Enterprises Development Act, 2006 hence it is not possible for us to
verify the amount due to such enterprises.
2. Provisions of the payment of The Gratuity Act, and the Employees
Provident Funds Act, 1952 are not applicable to the Company.
3. Contingent Liabilities
As at As st
31-03-2010 31-03-2009
TYGuarantees to bank on
behalf of third parties 4,30,00,000.00 8,46,00,000.00
ii) The company has pledged 1,92,130 equity shares of Remi Metals
Gujarat Ltd. to Financial Institution as security against loans granted
to Remi Metals Gujarat Ltd.
4. Related parties disclosures: Transactions with associate &
subsidiary Companies.
A. Associate Companies
Remi Securities Ltd., Kuberkamal Industrial Investment Pvt.Ltd., Remi
Sales & Engg Ltd., Remi Finance & Investment Pvt.Ltd., Rajendra Finance
PvtLtd.
5. Other additional information required to be given under paragraph 3
and 4 of part II of Schedule VI to the Companies Act, 1956, are not
applicable.
6. Previous years figures are regrouped / rearranged wherever found
necessary.
Mar 31, 2003
1. The Company had made long term investments of Rs.3,334,764/-
(P.Y.3,334,764/-) in the equity capital of Remi Metals Gujarat Ltd.
(RMGL). RMGL is registered as sick industrial unit under the provisions
of the SICA, 1985 and scheme of revival of the Company is approved by
BIFR. Considering the rehabilitation scheme and other proposals as a
part of its turn around strategy, no provision is considered necessary
for the decline in the value of investment in that Company.
2. Other additional information required to be given under paragraph 3
and 4 of part II of Schedule VI to the Companies Act, 1956, are not
applicable.
3. Previous years figures are regrouped/rearranged wherever found
necessary.
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