Mar 31, 2014
1. For the period of Five Years immediately preceding, 31st March, 2014
company has not:-
(i) allotted any Shares as fully paid up pursuant to contract(s)
without payment being received in cash
(ii) allotted any shares as fully paid up by way of bonus shares.
(iii) bought back any shares.
2. The Company has transferred an amount of ` 9,37,224/- (P.Y. `
9,33,244/-) to the Reserve Fund in accordance with the provisions of
Section 45-IC of the RBI Act, 1934. The Company has transferred an
amount of ` 1,54,519/- (P.Y. ` 1,41,264/-) to a separate account titled
as Contingent Provisions against Standard Assets in accordance with RBI
Notification No. DNBS.223/CGM (US) - 2011 dated January 17, 2011 and
the balance of the account has been shown under the head Reserves and
Surplus
3 (i) As required in terms of Paragraph 13 of Non-Banking Financial
(Non-Deposit Accepting or Holding) Companies Prudential Norms (Reserve
Bank) Directions, 2007, a Schedule is appended to the Balance Sheet
(ii) Figures for the previous year have been re-grouped and re-arranged
whereever they are considered necessary to make the same comparable
with figures for the current year.
Mar 31, 2013
I. As required in terms of Paragraph 13 of Non-Banking Financial
(Non-Deposit Accepting or Holding) Companies Prudential Norms (Reserve
Bank) Directions, 2007, a Schedule is appended to the Balance Sheet
ii. Figures for the previous year have been re-grouped and re-arranged
wherever they are considered necessary to make the same comparable
with figures for the current year according to requirements of Revised
Schedule- VI of Companies Act.
Mar 31, 2012
Company has issued only one category of Equity Shares as stated above.
Company does not have any kind of Outstanding Preference Shares or
Convertible Warrant or any other kind of instrument other than the
Equity Shares as stated above
For the period of Five Years immediately preceding, 31st March, 2012
company has not:-
(i) allotted any Shares as fully paid up pursuant to contract(s)
without payment being received in cash
(ii) allotted any shares as fully paid up by way of bonus shares.
(iii) bought back any shares.
The Company has transferred an amount of '' 1,25,319/- ('' 1,11,182/-) to
a separate account titled as Contingent Provisions against Standard
Assets in accordance with RBI Notification No. DNBS.223/CGM (US) - 2011
dated January 17, 2011 and the balance of the account has been shown
under the head Reserves and Surplus
NOTE - 1: DEFERRED TAX LIABILITIES (NET)
Based on general prudence, the Company has not recognized deferred tax
asset in respect of the difference of the depreciation as per The
Companies Act, 1956 and The Income Tax Act, 1961. The details of
deferred tax asset and liability provided during the year are given as
under:
NOTE - 2
As required in terms of Paragraph 13 of Non-Banking Financial
(Non-Deposit Accepting or Holding) Companies Prudential Norms (Reserve
Bank) Directions, 2007, a Schedule No.1 is appended to the Balance
Sheet
NOTE - 3
Figures for the previous year have been re-grouped and re-arranged
wherever they are considered necessary to make the same comparable with
figures for the current year according to requirements of Revised
Schedule- VI of Companies Act. The figures in the brackets are for the
Previous Year.
Mar 31, 2010
1. Particulars in respect of Opening Stock, Purchases, Sales and
Closing Stock of Shares and Securities traded:
2. During the year, the brought forward balance of the provision for
bad and doubtful debts of Rs.3000000/- in respect of the sundry debtors
and the balance of the provision for bad and doubtful debts of
Rs.200000/- in respect of debtors for loans and advances have been
reversed consequent to the writing-off of the respective debts as bad
debts.
3. The Company has transferred an amount of Rs.504057/- (P.Y.
Rs.439261/-) to the Reserve Fund in accordance with the provisions of
Section 45-IC of the RBI Act, 1934.
4. In opinion of the management, the current assets and loans and
advances are stated at the value realizable in the ordinary course of
business of the Company.
5. Deferred Taxes:
Based on general prudence, the Company has not recognized deferred tax
asset in respect of long term capital losses being carried forward.
Balance of the deferred tax asset has been included in the provision
for taxation for the current year consequent to reversal of the
provisions for bad and doubtful debts. The details of deferred tax
asset and liability provided during the year are given as under:
6. Segment Reporting:
As per AS-17 on Segment Reporting, the business activities of the
Company are classified in three segments namely (a) Financing
activities (b) Dealing in Shares & Securities and Derivatives and (c)
Investment activities. The segment information is given in Annexure-B.
7. Related Party Disclosure:
As per AS-18 on Related Party Disclosures, the details of transactions
entered into with related parties are given in Annexure-C.
8. Earnings Per Share - Basic and Diluted
Details of Earning per Share as per AS-20 are given as under. The
Company does not have any outstanding dilutive potential equity shares.
9. Balance Sheet abstract and Companys general business profile as
required under Part IV of Schedule VI is given in Annexure-D.
10. As required in terms of Paragraph 13 of Non-Banking Financial
(Non-Deposit Accepting or Holding) Companies Prudential Norms (Reserve
Bank) Directions, 2007, a Schedule is appended to the Balance Sheet.
11. Figures for the previous year have been re-grouped and re-arranged
where ever considered necessary to make the same comparable with
figures for the current year.