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Notes to Accounts of Dalal Street Investments Ltd.

Mar 31, 2015

1. Corporate information

Dalal Street Investments Limited is an Investment and Trading company.

Registered Office

Vishnu Smruti Apartments, 425/35, TMV Colony, Gultekadi, Pune 411037.

Mar 31, 2014

Not Available.

Mar 31, 2013

1 Corporate information

Daial Street Investments Limited is an Investment and Trading company.

Mar 31, 2010

1. The Income tax Department has filed an Appeal in the Supreme Court against the decision of High Court of Bombay in respect of Asstt. Year 2001-02. Pending appeal, no provision has been made in the accounts.

2. The Company is Registered with Reserve Bank of India as Non-Banking Financial Company.

3. As the Companys main activity is to deal in shares and securities, there are no reportable segment as defined in Accounting Standard 17.

4. Basic and Diluted Earning per Equity Share of Rs.10/- each for the year ended 31st March, 2010 is Rs.35.61 (Previous Year Rs.(2.05)}.

5. As defined in Accounting Standard 22 Company do not have material deferred tax liability.

6. As required by Accounting Standard - AS 18 - "Related Parties Disclosures" issued by the The Institute of Chartered Accountants of India are as follows:

List of Related Parties and transactions taken place with them during the yean

(A) (Key Management Personnel

- Pavankumar Sanwarmal- Director

- Rita Pavankumar - Director

- Vikas Pavankumar - Director

Details of transactions during the year are as follows:

(A) Unsecured Loans/Advances received from related parties!

Key Management personnel Rs.49.60 lacs

(B) Repayment of unsecured Loans/Advances to related parties:

Key Management personnel Rs.180.85 lacs

(C) Outstanding Balances as at 31st March, 2010 Payable by Company

Key Management personnel Rs. 237.75 lacs

7. Additional Information pursuant to Part IV of Schedule VI to the Companies Act, 1956.

(a) Registration Mails

Registration No. 19,987 State Code 11 Balance Sheet Date 31 03 2,010

Date Month Year

(b) Capital raised during the year (Amount in Rs. Thousands)

Public Issue Right Issue

Nil Nil

Bonus Issue Private Placement

Nil Nil

(c) Position of Mobilisation and Deployment of Funds (Amount in Rs. Thousands)

Sources of Finds Total Liabilities Total Assets

70,136 70,136

Paid-up Capital Reserves Surplus

2,250 (27,783)

Secured Loans Unsecured Loans

5,584 90,085

Application of Funds Net Fixed Assets Investments

121 21,695

Net Current Assets Miscellaneous Expenditure

48,330 Nil

Accumulated Losses MIL

(d) Performance of Company (Amount in Rs. Thousands)

Turnover / Incase Total Expenditure

15,686 4,174 Profit/Loss) before tax Profit(Loss) after tax

11,512 8,012

Earnings per Share (Annualised) in Rs.35.61 Dividend Rate


(e) Generic Names of Three Principal Products/Services of Company - Investment Company

Not Applicable

8. Previous years figures have been regrouped/recast wherever necessary to confirm to this years classification.