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Notes to Accounts of Nagreeka Capital & Infrastructure Ltd.

Mar 31, 2015

1. SEGMENT REPORTING :

The Company's Predominant business is investment in shares, securities and units of Mutual Funds. Other operations being very insignificant, Investment activity is the only reportable business segment as per Accounting standard 17 and there is no separate geographical segment.

2. RELATED PARTIES :

Key Management Personnels :

Mr. Sushil Patwari : Chairman & Managing Director

Mr. Sunil Patwari : Director

Mr. Somnath Chattopadhyay : Company Secretrary since November, 2014

Mr. Sanjeev Agarwal : C.F.O. since June, 2014

Mr. Vivek Mishra : Company Secretrary till October, 2014 Remuneration to Key 390,602 Managerial Personnels

3. CAPITAL COMMITMENTS :

Estimated amount of contracts remaining to be executed on Capital Account (Net of Advances) and not provided for Nil (Previous Year Nil)

4. CONTINGENT LIABILITIES :

Contingent Liabilities not provided for Rs. Nil ( Previous Year Rs. Nil)

5. Aggregate value of the Equity Derivative contracts remaining outstanding as at 31st March, 2015 is Rs.210.17 Crores. ( Previous Year Rs.368.46 crores.)


Mar 31, 2014

1. SEGMENT REPORTING :

The Company''s Predominant business is investment in shares, securities and units of Mutual Funds. Other operations being very insignificant, Investment activity is the only reportable business segment as per Accounting standard 17 and there is no separate geographical segment.

2. CAPITAL COMMITMENTS :

Estimated amount of contracts remaining to be executed on Capital Account (Net of Advances) and not provided for Nil (Previous Year Nil)

3. CONTINGENT LIABILITIES :

Contingent Liabilities not provided for Rs. Nil ( Previous Year Rs. Nil)

4. Aggregate value of the Equity Derivative contracts remaining outstanding as at 31st March, 2014 is Rs.368.46 Crores. (Previous Year Rs.271.29 crores.)

Notes :

1. As defined in Paragraph 2( I ) (Xii) of the Non-Banking Financial Companies Acceptance of Public Deposits (Reserve Bank) Directions,1998.

2. Provisioning norms shall be applicable as prescribed in the Non-Banking Financial ( Non-Deposit Accepting or Holding ) Companies Prudential Norms (Reserve Bank) Directions, 2007.

3. All Accounting Standards and Guidance Notes issued by ICAI are applicable including for valuation of Investments and other Assets as also assets acquired in satisfaction of debt. However, market value in respect of quoted Investments and break-up/ fair value /NAV in respect of unquoted Investments should be disclosed irrespective of whether they are classified as long term or current in column(4) above.


Mar 31, 2013

1. SEGMENT REPORTING :

The Company''s Predominent business is investment in shares, securities and units of Mutual Funds. Other operations being very insignificant. Investment activity is the only reportable business segment as per Accounting standard 17 and there is no separate geographical segment.

2. RELATED PARTIES :

Key Management Personnels :

Mr. Sushil Patwari : Chairman & Managing Director

Mr. Sunil Patwari Director

3. CONTINGENT LIABILITIES :

Contingent Liabilities not provided for Rs. Nil (Previous Year Rs. Nil)

4. Aggregate value of the Equity Derivative contracts remaining outstanding as at 31st March, 2013 is Rs.271.29 Crores. (Previous Year Rs. 232.63 crores).

Notes :

1. As defined in Paragraph 2(l)(Xii) of the Non-Banking Financial Companies Acceptance of Public Deposits (Reserve Bank) Directions, 1998.

2. Provisioning norms shall be applicable as prescribed in the Non-Banking Financial (Non-Deposit Accepting or Holding) Companies Prudential Norms (Reserve Bank) Directions, 2007.

3. All Accounting Standards and Guidance Notes issued by ICAI are applicable including for valuation of Investments and other Assets as also assets acquired in satisfaction of debt. However, market value in respect of quoted Investments and break-up/fair value /NAV in respect of unquoted Investments should be disclosed irrespective of whether they are classified as long term or current in column(4) above.


Mar 31, 2012

1. SEGMENT REPORTING :

The Company's Predominant business is investment in shares, securities and units of Mutual Funds. Other operations being very insignificant, Investment activity is the only reportable business segment as per Accounting standard 17 and there is no separate geographical segment.

2. CAPITAL COMMITMENTS :

Estimated amount of contracts remaining to be executed on Capital Account (Net of Advances) and not provided for Rs. 100.00 Lacs (Previous Year Rs. 225.87 Lacs). .

3. CONTINGENT LIABILITIES :

Contingent Liabilities not provided for Rs. Nil ( Previous Year Rs. Nil)

4. Aggregate value of the Equity Derivative contracts remaining outstanding as at 31st March, 2012 is Rs.232.63 Crores. (Previous Year 196.48 crores).

5. The financial statements for the year ended March 31,2011 had been prepared as per applicable, pre-revised schedule VI to the companies Act, 1956. Consequent to the notification of Revised schedule VI under the Companies Act, 1956, the financial statements for the year ended March 31,2012 are prepared as per revised Schedule VI. Accordingly the previous year figures have also been classified to confirm to this year classification. The adoption of revised Schedule VI for previous year figures does not impact recognition and measurement principle followed for preparation of financial statements.


Mar 31, 2010

1. Capital Commitments :

Estimated amount of contracts remaining to be executed on Capital Account (Net of Advances) and not provided for Rs. 408.58 Lacs (Previous Year Rs. 569.17 Lacs).

2. Contingent Liabilities :

Contingent Liabilities not provided for Rs. NIL (Previous Year: Rs. NIL).

3. Secured Loan :

Secured Loan in the nature of working capital has been obtained from (i) CD Equifinance Pvt. Ltd. (ii) CITICORP Finance (India) Ltd. (iii) JM Financial Products Pvt. Ltd. (iv) Morgan Stanely India Capital Pvt. Ltd. and (v) Systematix Fincorp. India Ltd. and is secured by deposit of quoted shares.

4. Based on the information / documents available with the company, there was no amount due and outstanding as on 31st March, 2010, which is required to be transferred to Investor Education and Protection Fund under Sec. 205C of the Companies Act, 1956.

5. Derivative Instruments

Aggregate value of the Equity Derivative contracts remaining outstanding as at 31st March, 2010 is Rs. 131.31 Crores. (Previous Year 3.02 crores.)

6. Previous Years figures have been regrouped / rearranged whereever found neccesary.

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