Mar 31, 2015
1.1 The Company has revalued its Buildings, Plant & Machinery and Gas
Cylinders at Ballabgargh unit as on 31st August 1985 by Government
approved values. The net increase of Rs. 78,15, 528/- was transferred
to Revaluation of Fixed Assets Reserves.
1.2 Sundry Debtors and Creditors as appearing in the Balance Sheet
are subject to confirmation.
1.3 Figures for the previous year have been re-arranged and/ or
re-grouped wherever considered necessary.
Mar 31, 2014
1. Rights, Preferences and Restrictions attached to Equity Shares
The Company has issued 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. In the event the Board of Directors of the Company
proposes any dividend, it will be subject to the approval of the
shareholders at the Annual General Meeting.
In the event of liquidation of the company the holders of equity shares
will be entitled to receive remaining assets of the company. The
distribution will be in proportion to the number of Equity Shares held
by the shareholders.
2. Excise Duty
Excise Duty on sales for the year has been disclosed as reduction from
the turnover
3. Contingent liabilities in respect of
(Amount/ Rs.)
Description 31-Mar-14 31-Mar-13
(a) Bank Guarantees gien by the
Company to its customers 4,229,679 4,419,596
[Margin Money Rs. 4362367 (P.Y
Rs. 4626614)]
(b) Sales tax and Income tax
demands against which the Company 341,275 575,328
has filed appeals for which no
provision is considered required
as the Company is hopeful of
successful outcome in the appeals
4. Capital Commitments : There are no contracts remaining pending to
be executed as on 31-03-2014 (P.Y. Nil)
5. The Company has revalued its Buildings, Plant & Machinery and Gas
Cylinders at Ballabgargh unit as on 31st August 1985 by Government
approved valuer. The net increase of Rs. 78,15,528/- was transferred to
Revaluation of Fixed Assets Reserves.
6. Sundry Debtors and Creditors as appearing in the Balance Sheet are
subject to confirmation.
7. Figures for the previous year have been re-arranged and/ or
re-grouped wherever considered necessary.
Mar 31, 2013
1.1 Excise Duty
Excise Duty on sales for the year has been disclosed as reduction from
the turnover
1.2 Contingent liabilities in respect of
(Amount/ Rs.)
31-Mar-13 31-Mar-12
(a) Bank Guarantees gien by the
Company to its customers 4,419,596 4,504,327
[Margin Money Rs. 4626614
(P.Y Rs. 4727128)]
(b) L/C Commitments 4,200,000
[(Margin Money Rs. Nil
(P.Y Rs.840000)]
(c) Sales tax, Income tax and
Excise demands against 575,328 3,333,959
which the Company has filed appeals
for which no provision is
considered required as the Company
is hopeful of successful outcome
in the appeals
(d) Capital Commitments
1.3 The Company has revalued its Buildings, Plant & Machinery and Gas
Cylinders at Ballabgargh unit as on 31st August 1985 by Government
approved valuer. The net increase of Rs. 78,15, 528/- was transferred
to Revaluation of Fixed Assets Reserves.
1.4 Sundry Debtors and Creditors as appearing in the Balance Sheet
are subject to confirmation.
1.5 Sundry Creditors includes Rs. Nil pertaining to MSME Enterprises.
1.6 Figures for the previous year have been re-arranged and/ or
re-grouped wherever considered necessary.
Mar 31, 2012
1.1 Excise Duty
Excise Duty on sales for the year has been disclosed as reduction from
the turnover 28 12 Contingent liabilities in respect of
(Amount/ Rs.)
31-Mar-12 31-Mar-11
(a) Bank Guarantees gien by
the Company to its customers 4,504,327 5,078,372
[Margin Money Rs. 4727128
(P.Y Rs. 4692614)]
(b) L/C Commitments 4,200,000
[(Margin Money Rs. 840000
(P.Y Rs. Nil)]
(c) Sales tax, Income tax and
Excise demands against 3,333,959
which the Company has filed
appeals for which no
provision is considered required
as the Company is hopeful of
successful outcome in the appeals
(d) Capital Commitments
1.2 The Company has revalued its Buildings, Plant & Machinery and Gas
Cylinders at Ballabgargh unit as on 31st August 1985 by Government
approved valuer. The net increase of Rs. 78,15, 528/-was transferred to
Revaluation of Fixed Assets Reserves.
1.3 Sundry Debtors and Creditors as appearing in the Balance Sheet
are subject to confirmation.
1.4 Sundry Creditors includes Rs. Nil pertaining to MSME Enterprises.
1.5 Figures for the previous year have been re-arranged and/ or
re-grouped wherever considered necessary.
Mar 31, 2010
1.1 The Company has revalued its Buildings, Plant & Machinery and Gas
Cylinders at Ballabhgarh Unit as on 31st August 1985 by Government
Approved Valuer. The net increase of Rs.78,15,528/- was transferred to
Revaluation of Fixed Assets Reserves.
1.2 Sundry Debtors and Creditors as appearing in the Balance Sheet are
subject to confirmation.
1.3 Annual contribution towards Gratuity liability is funded with Life
Insurance Corporation of India in accordance with the Gratuity Scheme
of L.I.C.
1.4 Sundry Creditors includes Rs. Nil pertaining to Small Scale
Industrial undertakings (SSI Units)
1.5 Contingent Liabilities not provided in respect of the following
2010 2009
Particlars Value (Rs) Value (Rs)
51,31,2507- 2,34,2547-
Bank Guarantees
(Margin Money by FDR (Margin Money by FDR
Rs.37,38,0007-)
Rs.47,0 1,3647-)
1.6 figures for the previous year have been re-ai ranged and/or
re-grouped v-herever considered necessary.
1.7 Schedules 1 to 13 forms an integral pari of the Balance Sheet and
Profit & Loss Account and have been duly authenticated.
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