Notes to Accounts of Ganon Products Ltd.

Mar 31, 2025

r) Provisions, Contingent Liabilities and Contingent Assets

In conformity with Ind-AS 37, ‘Provisions, Contingent Liabilities and Contingent Assets’, issued by the
ICAI. A provision is recognized when the Company has a present obligation as a result of past even and
it is probable than an outflow of resources will be required to settle the obligation, in respect of which a
reliable estimate can be made. Provisions (excluding retirement benefits and compensated absences) are
not discounted to its present value and are determined based on the best estimate required to settle the
obligation at the balance sheet date. These are reviewed at each balance sheet date adjusted to reflect the
current best estimates. Contingent liabilities are not recognized in the financial statements. A contingent
asset is neither recognized nor disclosed in financial statements. The Management reviews on a periodical
basis the outstanding debtors with a view to determine as to whether the debtors are good, bad or doubtful
after taking into consideration all the relevant aspects. On the basis of such review and in pursuance of
other prudent financial considerations the management determines the extent of provision to be made in
the accounts.

s) Other

i) Details of Benami Property held-

The Company do not have any Benami property, where any proceeding has been initiated or
pending against the Company for holding any Benami property.

ii) Wilful Defaulter

The company has not been declared as a wilful Defaulter by any Financial Institution or bank as at
the date of Balance Sheet

iii) Relationship with Struck off Companies

The Company do not have any transactions with companies struck off.

iv) Registration of charges or satisfaction with Registrar of Companies (ROC)

The company has no pending charges or satisfaction which are yet to be registered with the ROC
beyond the statutory period.

v) Compliance with number of layers of companies

The company has complied with the provision of the number of layers prescribed under clause (87)
of section 2 of the Act read with the Companies (Restriction on number of Layers) Rules, 2017.

vi) Compliance with approved Scheme(s) of Arrangements

There are no Schemes of Arrangements has been approved by the Competent Authority in terms
of sections 230 to 237 of the Companies Act.

vii) Discrepancy in utilization of borrowings

The company has no borrowings from banks and financial institutions.

viii) Undisclosed income

The Company has no transaction that is not recorded in the books of accounts that has been
surrendered or disclosed as income during the year in the tax assessments under the Income Tax
Act, 1961 (such as, search or survey or any other relevant provisions of the Income Tax Act, 1961).

ix) Details of Crypto Currency or Virtual Currency

The company has not traded or invested in Crypto currency or Virtual Currency.

x) Utilisation of Borrowed funds and share premium:

A) The company has advanced or loaned or invested funds (either borrowed funds or share
premium or any other sources or kind of funds) to any other person(s) or entity(ies), including
foreign entities (Intermediaries).

B) The company has received any fund from any person(s) or entity (ies), including foreign entities
(Funding Party).

The company have not advanced or loaned or invested funds to any other person(s) or entity(ies),
including foreign entities (intermediaries) with the understanding that the intermediary shall:

a) Directly or indirectly lend or invest in other persons or entities identified in any manner
whatsoever by or on behalf of the company (Ultimate Beneficiaries); or

b) Provide any guarantee, security or the like to or on behalf of the Ultimate Beneficiaries;

xi) The Company have not received any fund from any person(s) or entity(ies), including foreign entities
(Funding Party) with the understanding (whether recorded in writing or otherwise) that the Company
shall:

a) Directly or indirectly lend or invest in other persons or entities identified in any manner whatsoever
by or on behalf of the Funding Party (Ultimate Beneficiaries) or;

b) Provide any guarantee, security or the like on behalf of the Ultimate Beneficiaries.

i) Rounding of amounts

All amounts disclosed in the financial statements and notes have been rounded off to the
nearest lakhs as per the requirement of Schedule III, unless otherwise stated.

2 None of sharesholder(s) of Company is it’s holding company, ultimate holding company, subsidiaries,
associates of the holding company or associates of the ultimate holding company for current year and/or
previous year.

3 There are no unpaid call money from any of the directors or officers of the company for current and
previous year

Terms / Rights attached to equity shares:

1 Voting

The Company has only one class of equity shares having a par value of Rs. 10/- per share. Each holder
of equity shares is entitled to one vote per share.

The Company has not issued any share as fully paid up without payment being received in cash or as
bonus shares nor any share has been bought back by the Compnay in last 5 Year

2 Liquidation

In the event of liquidation of the Company, the holders of equity shares will be entitled to receive all of
the 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

Disclosure Pursunt as required by the Ind AS -19 Employee Benefit - Gratuity

a) Defined contribution plans

The Company has recognised INR 50117/- towards post-employment defined contribution plans comprising of
provident and superannuation fund in the statement of profit and loss.

b) Defined benefit plan

In accordance with the Payment of Gratuity Act, 1972, the Company is required to provide post-employment
benefit to its employees in the form of gratuity. The Company has maintained a fund with the Life Insurance

Note: A- 21

Financial instrument and risk management
Fair values

1. The carrying amounts of trade payables, other financial liabilities(current), borrowings (current), trade
receivables, cash and cash equivalents, other bank balances and loans are considered to be the same as fair
value.

2. Borrowings (non-current) consists of loans from company , other financial liabilities (noncurrent) consists of
interest accrued but not due on deposits, other financial assets consist of employee advances where the fair
value is considered based on the discounted cash flow.

The fair value of financial assets and liabilities is included at the amount at which the instrument could be
exchanged in a current transaction between willing parties, other than in a forced or liquidation sale.

Set out below, is a comparison by class of the carrying amounts and fair value of the Company’s financial
instruments:

Financial risk and capital risk management

A) Financial Risk

i) The business activities of the Company expose it to a variety of financial risks, namely market risks (that
is, interest rate risk, credit risk and liquidity risk. The Company’s risk management strategies focus on
the unpredictability of these elements and seek to minimize the potential adverse effects on its financial
performance.

ii) The financial risk management for the Company is driven by the Company’s senior management and
internal/ external experts subject to necessary supervision.

iii) The Company does not undertake any speculative transactions either through derivatives or otherwise.
The senior management is accountable to the Board of Directors and Audit Committee. They ensure
that the Company’s financial risk-taking activities are governed by appropriate financial risk governance
framework, policies and procedures. The Board of Directors periodically reviews the exposures to financial
risks, and the measures taken for risk mitigation and the results thereof.

B) Liquidity Risk

Liquidity risk is the risk that the Company will not be able to meet its financial obligations as they become due.

Accordingly, as a prudent liquidity risk management measure, the Company closely monitors its liquidity position
and deploys a robust cash management system.

Based on past performance and current expectations, the Company believes that the Cash and cash equivalents
and cash generated from operations will satisfy its working capital needs, capital expenditure, investment
requirements, commitments and other liquidity requirements associated with its existing operations, through at
least the next twelve months.

The table below summarizes the maturity profile of the Company’s financial liabilities based on contractual
undiscounted payments:

C) Capital Risk

The Company’s objective while managing capital is to safeguard its ability to continue as a going concern (so
that it is enabled to provide returns and create value for its shareholders, and benefits for other stakeholders),
support business stability and growth, ensure adherence to the covenants and restrictions imposed by lenders
and/ or relevant laws and regulations, and maintain an optimal and efficient capital structure so as to reduce the
cost of capital. However, the key objective of the Company’s capital management is to, ensure that it maintains
a stable capital structure with the focus on total equity, uphold investor; creditor and customer confidence, and
ensure future development of its business activities. In order to maintain or adjust the capital structure, the
Company may issue new shares, declare dividends, return capital to shareholders, etc.

The Company manages its capital structure and makes adjustments to it, in light of changes in economic
conditions or its business requirements.

The Company manages its capital structure and makes adjustments to it, in light of changes in economic
conditions or its business requirements

Note: A- 23

Capital Management

Capital management and Gearing Ratio

For the purpose of the Company’s capital management, capital includes issued equity capital, share premium and all
other equity reserves attributable to the equity holders. The primary objective of the company’s capital management
is to maximise shareholder value.

The Company manages its capital structure and makes adjustments in light of changes in economic conditions
and the requirements of the financial covenants. The Company monitors capital using a gearing ratio, which is debt
divided by total capital. The Company includes within debt, interest bearing loans and borrowings.

For L K J & Associates LLP For and on behalf of the Board of Directors

Chartered Accountants

Richa Kapasi Madan Lal Goyal Ravindra Gopale

Partner DIN:00456394 DIN:09436362

M. No. 138471

UDIN - 25138471BMUKZS9456

Place : Mumbai Place : Mumbai Place : Mumbai

Date : 30th May 2025 Date : 30th May 2025 Date : 30th May 2025

---

Mar 31, 2024

r) Provisions, Contingent Liabilities and Contingent Assets

In conformity with Ind-AS 37, ‘Provisions, Contingent Liabilities and Contingent
Assets’, issued by the ICAI. A provision is recognized when the Company has a
present obligation as a result of past even and it is probable than an outflow of
resources will be required to settle the obligation, in respect of which a reliable
estimate can be made. Provisions (excluding retirement benefits and compensated
absences) are not discounted to its present value and are determined based on the best
estimate required to settle the obligation at the balance sheet date. These are reviewed
at each balance sheet date adjusted to reflect the current best estimates. Contingent
liabilities are not recognized in the financial statements. A contingent asset is neither
recognized nor disclosed in financial statements. The Management reviews on a
periodical basis the outstanding debtors with a view to determine as to whether the
debtors are good, bad or doubtful after taking into consideration all the relevant
aspects. On the basis of such review and in pursuance of other prudent financial
considerations the management determines the extent of provision to be made in the
accounts.

s) Other

i) Details of Benami Property held-

The Company do not have any Benami property, where any proceeding has been
initiated or pending against the Company for holding any Benami property.

ii) Wilful Defaulter

The company has not been declared as a wilful Defaulter by any Financial
Institution or bank as at the date of Balance Sheet

iii) Relationship with Struck off Companies

The Company do not have any transactions with companies struck off.

iv) Registration of charges or satisfaction with Registrar of Companies
(ROC)

The company has no pending charges or satisfaction which are yet to be registered
with the ROC beyond the statutory period

v) Compliance with number of layers of companies

The company has complied with the provision of the number of layers
prescribed under clause (87) of section 2 of the Act read with the Companies
(Restriction on number of Layers) Rules, 2017.

vi) Compliance with approved Scheme(s) of Arrangements

There are no Schemes of Arrangements has been approved by the Competent
Authority in terms of sections 230 to 237 of the Companies Act

vii) Discrepancy in utilization of borrowings

The company has no borrowings from banks and financial institutions.

viii) Undisclosed income

The Company has no transaction that is not recorded in the books of accounts
that has been surrendered or disclosed as income during the year in the tax
assessments under the Income Tax Act, 1961 (such as, search or survey or any
other relevant provisions of the Income Tax Act, 1961).

ix) Details of Crypto Currency or Virtual Currency

The company has not traded or invested in Crypto currency or Virtual Currency.

x) Utilisation of Borrowed funds and share premium:

A) The company has advanced or loaned or invested funds (either borrowed
funds or share premium or any other sources or kind of funds) to any other
person(s) or entity(ies), including foreign entities (Intermediaries).

B) The company has received any fund from any person(s) or entity (ies),
including foreign entities (Funding Party).

The company have not advanced or loaned or invested funds to any other
person(s) or entity(ies), including foreign entities (intermediaries) with the
understanding that the intermediary shall:

a) Directly or indirectly lend or invest in other persons or entities identified in any
manner whatsoever by or on behalf of the company (Ultimate Beneficiaries); or

b) Provide any guarantee, security or the like to or on behalf of the Ultimate
Beneficiaries;

xi) The Company have not received any fund from any person(s) or entity(ies),
including foreign entities (Funding Party) with the understanding (whether
recorded in writing or otherwise) that the Company shall:

a) Directly or indirectly lend or invest in other persons or entities identified in any
manner whatsoever by or on behalf of the Funding Party (Ultimate Beneficiaries)
or;

b) Provide any guarantee, security or the like on behalf of the Ultimate
Beneficiaries.

i) Rounding of amounts

All amounts disclosed in the financial statements and notes have been rounded off to
the nearest lakhs as per the requirement of Schedule III, unless otherwise stated.

(b) Bonus shares/buyback/shares for consideration other than cash issued during past five years

1 Company has not issued any shares either by way of bonus/right issue nor bought back any share
during the last five years

2 None of sharesholder(s) of Company is it''s holding company, ultimate holding company,
subsidiaries, associates of the holding company or associates of the ultimate holding company for
current year and/or previous year.

3 There are no unpaid call money from any of the directors or officers of the company for current and
previous year

Terms / Rights attached to equity shares:

1 Voting

The Company has only one class of equity shares having a par value of Rs. 10/- per share. Each

The Company has not issued any share as fully paid up without payment being received in cash or
as bonus shares nor any share has been bought back by the Compnay in last 5 Year

2 Liquidation

In the event of liquidation of the Company, the holders of equity shares will be entitled to receive

3 Dividends

The Board of Directors do not propose dividend for financial year 2023-24

Disclosure Pursunt as required by the Ind AS -19 Employee Benefit - Gratuity

a) Defined contribution plans

The Company has recognised INR 84798/- towards post-employment defined contribution plans
comprising of provident and superannuation fund in the statement of profit and loss.

b) Defined benefit plan

In accordance with the Payment of Gratuity Act, 1972, the Company is required to provide post¬
employment benefit to its employees in the form of gratuity. The Company has maintained a
fund with the Life Insurance Corporation of India to meet its gratuity obligations. In accordance
with the Standard, the disclosures relating to the Company’s gratuity plan are provided below:

Note: A- 21

Financial instrument and risk management
Fair values

1. The carrying amounts of trade payables, other financial liabilities(current), borrowings (current), trade receivables,
cash and cash equivalents, other bank balances and loans are considered to be the same as fair value.

2. Borrowings (non-current) consists of loans from company , other financial liabilities (noncurrent)

consists of interest accrued but not due on deposits, other financial assets consist of employee advances where the fair
value is considered based on the discounted cash flow.

The fair value of financial assets and liabilities is included at the amount at which the instrument could be exchanged in a
current transaction between willing parties, other than in a forced or liquidation sale.

Set out below, is a comparison by class of the carrying amounts and fair value of the Company’s financial instruments:

Note: A- 22

Financial risk and capital risk management

A) Financial Risk

i) The business activities of the Company expose it to a variety of financial risks, namely market risks (that is,
interest rate risk, credit risk and liquidity risk. The Company’s risk management strategies

focus on the unpredictability of these elements and seek to minimize the potential adverse effects on its financial
performance.

ii) The financial risk management for the Company is driven by the Company’s senior management and internal/ external
experts subject to necessary supervision.

iii) The Company does not undertake any speculative transactions either through derivatives or otherwise. The senior
management is accountable to the Board of Directors and Audit Committee. They ensure that the Company’s financial
risk-taking activities are governed by appropriate financial risk governance framework, policies and procedures. The
Board of Directors periodically reviews the exposures to financial risks, and the measures taken for risk mitigation and
the results thereof.

B) Liquidity Risk

Liquidity risk is the risk that the Company will not be able to meet its financial obligations as they become due.
Accordingly, as a prudent liquidity risk management measure, the Company closely monitors its liquidity position
and deploys a robust cash management system.

Based on past performance and current expectations, the Company believes that the Cash and cash equivalents
and cash generated from operations will satisfy its working capital needs, capital expenditure, investment
requirements, commitments and other liquidity requirements associated with its existing operations, through at
least the next twelve months.

The table below summarizes the maturity profile of the Company’s financial liabilities based on contractual
undiscounted payments:

The Company’s objective while managing capital is to safeguard its ability to continue as a going concern (so that it is
enabled to provide returns and create value for its shareholders, and benefits for other stakeholders), support business
stability and growth, ensure adherence to the covenants and restrictions imposed by lenders and/ or relevant laws and
regulations, and maintain an optimal and efficient capital structure so as to reduce the cost of capital. However, the
key objective of the Company’s capital management is to, ensure that it maintains a stable capital structure with the
focus on total equity, uphold investor; creditor and customer confidence, and ensure future development of its business
activities. In order to maintain or adjust the capital structure, the Company may issue new shares, declare dividends,
return capital to shareholders, etc

The Company manages its capital structure and makes adjustments to it, in light of changes in economic conditions or
its business requirements.

The Company manages its capital structure and makes adjustments to it, in light of changes in economic conditions or
its business requirements

Note: A- 23
Capital Management

Capital management and Gearing Ratio

For the purpose of the Company’s capital management, capital includes issued equity capital, share premium and all
other equity reserves attributable to the equity holders. The primary objective of the company’s capital management is to
maximise shareholder value.

The Company manages its capital structure and makes adjustments in light of changes in economic conditions and the
requirements of the financial covenants. The Company monitors capital using a gearing ratio, which is debt divided by total
capital. The Company includes within debt, interest bearing loans and borrowings.

In terms of our report attached. For and on behalf of the Board of Directors

For L K J & Associates LLP
Chartered Accountants

Richa Kapasi Madan Lal Goyal Ravindra Gopale

Partner DIN:00456394 DIN:09436362

M. No. 138471

Place : Mumbai Place : Mumbai

Date :30th May 2024 Date : 30th May 2024

---

Mar 31, 2015

A. Terms & Conditions

The Company has only one class of equity shares having par value of Rs. 10/- per share. Each holder of equity share is entitled to one vote per share. The Company declares and pays dividend in Indian Rupees. The dividend proposed by the Board of Directors is subject to the approval of the shareholders in the ensuing Annual General Meeting.

In the event of liquidation of the Company, the holder of 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.

i. Balance Outstanding of Related Parties NIL

Note :Related Parties as disclosed by Management and relied upon by auditors.

Note26:The Board of Directors of the Company in the meeting held on February 1, 2013 approved a Composite Scheme of Amalgamation under section 391 to 394 of Companies Act, 1956 with SPG Multi Trade Private Limited, Archana Hitech Consultants Limited and Vandana Hitech Systems Limited with effect from April 1, 2012, being the Appointed Date. However the Board has withdrawn the scheme of amalgamation in their meeting held on 09.01.2015.

Note 2: There are no items attributable to the timing difference between taxable income and accounting income hence no deferred tax liabilities (assets) as required by Accounting Standard (AS) - 22 has been recognized during the year.

Note 3 : Additional Information pursuant to Clause 32 of Listing Agreement :

Note 4: The previous year's figures have been regrouped / rearranged wherever necessary in order to conform to current period's presentation.

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Mar 31, 2014

Note 1: In the opinion of the Board the Current Assets, Loans & Advances are realisable in the ordinary course of business atleast equal to the amount at which they are stated in the Balance Sheet. The provision for all known liabilities is adequate and not in excess of amount reasonably necessary.

Note 2: No Provision for gratuity and leave encashment as required by AS -15 - "Employee Benefits" has been made, since the company does not have any employee during the year.

Note 3 : Segment Reporting

In the opinion of the management, The Company has only one reportable business segment of trading in ''Merchandise''. All other activities of the Company revolve around the main business and as such, there are no separate reportable segments that require reporting under Accounting Standard 17- Segment Reporting.

Note 4: The Board of Directors of the Company on 1st February 2013 approved a Composite Scheme ofAmalgamation under section 391 to 394 of Companies Act, 1956 with Spg Multi Trade Private Limited, Archana Hitech Consultants Limited and Vandana Hitech Systems Limited with effect from 1st April 2012, being the Appointed Date. The Scheme is pending approvals from various regulatory authorities.

Note 5 : There are no items attributable to the timing difference between taxable income and accounting income hence no deferred tax liabilities (assets) as required by Accounting Standard (AS) - 22 has been recognized during the year.

Note 6: The previous year''s figures have been regrouped / rearranged wherever necessary in order to conform to current period''s presentation.

---

Mar 31, 2013

Note 1 : In the opinion of the Board the Current Assets, Loans & Advances are realizable in the ordinary course of business at least equal to the amount at which they are stated in the Balance Sheet. The provision for all known liabilities is adequate and not in excess of amount reasonably necessary.

Note 2: Some of Trade Payables and Loans & Advances are subject to confirmation and reconciliation. Consequential adjustment thereof, if any, will be given effect into the books of accounts in the year of such adjustment.

Note 3 : No Provision for gratuity and leave encashment as required by AS - 15 - "Accounting for Employee Benefits" has been made, since the company does not have any employee during the year.

Note 4 : Segment Reporting

In the opinion of the management, the Company is mainly engaged in Investment Activity. All other activities of the Company revolve around the main business and as such, there are no separate reportable segments that require reporting under Accounting Standard 17- Segment Reporting.

Note 5 : Related Party disclosures

Note: Related Parties as disclosed by Management and relied upon by the auditors.

Note 6: The Board of Directors of the Company on 1st February 2013 approved a Composite Scheme of Amalgamation under section 391 to 394 of Companies Act, 1956 with Spg Multi Trade Private Limited, Archana Hitech Consultants Limited and Vandana Hitech Systems Limited with effect from 1st April 2012, being the Appointed Date. The Scheme is pending approvals from various regulatory authorities.

Note 7: There are no items attributable to the timing difference between taxable income and accounting income hence no deferred tax liabilities (assets) as required by Accounting Standard (AS) - 22 has been recognized during the year.

Note 8 : The financial statements for the year ended 31st March 2012 were audited by another firm of Chartered Accountants and the same has been reclassified, wherever considered necessary, to conform with the current year''s presentation. Figures wherever not available/ furnished in last year''s financial statements have not been given and hence are not strictly comparable.

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Mar 31, 2012

1 Segment Reporting

The Company is engaged solely in investment activity segment and all activities of the Company revolve around this business. As such there are no other reportable segment as defined by Accounting Standard 17 on "Segment Reporting" issued by the Institute Chartered Accountants of India.

2 Related Party Disclosures

i. List of Related Parties with whom transaction have taken place & Relationship.

Name of the Related Parties Relationship

a. Radhakishan Damani Key Management Person

b. Mutual Growth Fund of India Pvt. Ltd. Enterprises over which Key

Management Personnel are able to exercise significant influence

iii. Balance outstanding at the year end in respect of related parties is NIL (RY. Rs.NIL).

3 Previous year figures

The Revised Schedule VI has become effective from April 1, 2011 for the preparation and presentation of financial statements. This has significantly impacted the disclosures and presentation made in the financial statements. Previous Year's figures have been regrouped/ reclassified wherever necessary to correspond with the current year's classification/disclosures.

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Mar 31, 2010

1 Provision for income tax has been made under the provisions of Sec.115JB of the IT Act, 1961 as there is no taxable income under normal provisions of the Act in view of exemptions and deductions available.

2 a. Sundry creditors do not include any amount due to Micro, Small & Medium Enterprises.

b. Based on the information so far available with the Company in respect of MSME (as defined in the Micro, Small & Medium Enterprises Development Act, 2006) there are no delays in payment of dues to such enterprises during the year and there is no such dues payable at the year end.

3 Previous Years figures have been regrouped, rearranged, wherever necessary, so as to make them comparable with current years figures.

4 Other information required under Part I and Part II of Schedule VI to the Companies Act, 1956 is either NIL or NOT APPLICABLE.

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Mar 31, 2009

1. The Company is engaged solely in investment activity segment and all activities of the Company revolve around this business. As such there are no other reportable segment as defined by Accounting Standard 17 on "Segment Reporting" issued by the Institute of Chartered Accountants of India.

2. Related Party Disclosures :

a) Related Parties with whom transactions have taken place during the year.

i) Key Management Personnel

Shri Radha Kishan Damani Director

Shri Gopi Kishan Damani Director

ii) Enterprises over which Key Management Personnel are able to excercise Significant Influence: Maheshwari Equity Brokers (P) Ltd.

3 Provision for income tax has not been made as there is no taxable income both under the normal provisions as well-as u/s 115JB of the IT Act, 1961.

4 a. Sundry creditors do not include any amount due to Micro, Small & Medium Enterprises.

b. Based on the information so far available with the Company in respect of MSME ( as defined in the Micro, Small & Medium Enterprises Development Act, 2006) there are no delays in payment of dues to such enterprises during the year and there is no such dues payable at the year end.

5 Previous Years figures have been regrouped, rearranged, wherever necessary, so as to make them comparable with current years figures.

6 Other information required under Part I and Part II of Schedule VI to the Companies Act, 1956 is either NIL or NOT APPLICABLE.

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Mar 31, 2007

1. The Company is engaged solely in investment activity segment and all activities of the Company revolve around this business. As such there are no other reportable segment as defined by Accounting Standard 17 on "Segment Reporting" issued by the Institute of Chartered Accountants of India.

2. Related Party Disclosures :

Enterprises over which Key Management Personnel are able to excercise Significant Influence:

Maheshwari Equity Brokers (P) Ltd.

Previous Years figures have been regrouped, rearranged, wherever necessary, so as to make them comparable with current years figures.

Other information required under Part I and Part II of Schedule VI to the Companies Act, 1956 is either NIL or NOT APPLICABLE