Mar 31, 2015
1) CONTINGENT LIABILITIES
Bond executed in favour of Dy. Commissioner Central Excise, for
clearance of Imported Goods for Rs. 300 Lakhs (Previous Year Rs. 200
Lakhs)
2 a) Licensed, Installed Capacities & Actual Production :
Licensed Capacity Installed Capacity Actual Production
3 Segment Reporting
The Company operates in Single Business Segment of " Manufacturing of
Auto Lamps and Bulbs." For the purpose of geographical segments the
consolidated sales and related items have been divided into two
segments.
4 Sundry Creditors and Sundry Debtors shown in the Balance Sheet are
subject to confirmation.
5 The carrying amount of the assets, whose remaining useful life as on
1st April, 2014 is nil as per criteria prescribed as per the Companies
Act, 2013, amounting to Rs. 11.22 Lacs has been charged to Profit and
Loss Account.
6 Borrowing cost amounting to Rs. 7.57 Lacs has been capitalised as
part of imported plant and machinery as loan Funds were utilised for
acquiring the said fixed assets.
7 Necessary disclosures under Micro, Small and Medium Enterprises
Development Act,2006,can only be considered once the relevant
information to identify the suppliers who are covered under the said
Act are received from such parties.
Mar 31, 2013
1 Bond executed in favor of Dy. Commissioner Central Excise, for
clearance of Imported Goods for Rs. 200 Lakhs (previous Year Rs. 200
Lakhs)
2 Balances of Sundry Creditors and Sundry Debtors shown in the Balance
Sheet as subject to confirmation.
3 Additional information pursuant to paragraph 3, 4C and 4D of the Part
II of Schedule VI of the Companies Act 1956.
Segment Reporting
The Company operates in Single Business Segment of" Manufacturing of
Auto Lamps and Bulbs." For the purpose of geographical segments the
consolidated sales and related items have been divided into two
segments.
4 In terms of Accounting Policy no. 6, Bank balances in foreign
Currency as on 31.03.2012 is now revalued at conversion rate prevailing
as on 31.03.2012.during current year and effect thereof has been shown
under Prior Period Adjustment.
5 Disclosure as required under Notification No. G.S.R. 719(E) dated 16
November 2007 issued by the Department of Companies Affairs (as
certified by the Management) under Micro Small and Medium Enterprises
Act 2006 may be read as NIL as on 31.03.2013(NIL as on 31.03.2012).
Mar 31, 2012
1 Bond executed in favor of Dy. Commissioner Central Excise, for
clearance of Imported Goods for Rs. 200 Lakhs (previous Year Rs. 200
Lakhs)
2 Sundry Creditors and Sundry Debtors shown in the Balance Sheet as
subject to confirmation.
3 Additional information pursuant to paragraph 3, 4C and 4D of the Part
II of Schedule VI of the Companies Act 1956.
Mar 31, 2011
CONTINGENT LIABILITIES
1. Bond executed in favour of Dy. Commissioner Cental Excise, for
clearance of Imported Goods for Rs. 200 Lakhs (previous Year Rs. 200
lakhs)
2. Sundry Creditors and Sundry Debtors shown in the Balance Sheet are
subject to confirmation.
3. Segment Reporting
The Company operates in single Business Segment of" Manufacturing of
Auto Lamps, & Bulbs" for the purpose of geographical segments the
consolidated sales and related ithems have been divided into two
segments.
Mar 31, 2010
CONTINGENT LIABILITIES
1. Bond executed in favour of Dy. Commissioner Cental Excise, for
clearance of Imported Goods for Rs. 200 Lakhs (previous Year Rs. 200
lakhs)
2. Sundry Creditors and Sundry Debtors shown in the Balance Sheet as
subject to confirmation.
3. Additional information pursuant to paragraph 3, 4C and 4D of the
Part II of Schedule VI of the Companies Act 1956.
4 Segment Reporting
The Company operates in Single Business Segment of " Manufactureing of
Auto Lamps,& Bulbs" For the purpose of geographical segments the
consolidated sales and related ithems have been divided into two
segments.
Domestic Sale India
Exports Other Countries
5 Related Parties Disclosures
The Company has not entered into any transaction with the related
parties which require reporting as per Accounting Standard 18 (AS - 18)
6 Disclosure as required under Notification No. GSR.719 (E) Dated 16th
November 2007 issued by the Department of Companies Affaires (as
certified by the managment) under micro small and medium enterprises
Devopment Act 2006, may be read as NIL as on 31.03.2010 (NIL as on
31.03.2009).
7 Previous Year figures have been regrouped / reclassified, whereever
considered necessary.