Mar 31, 2014
1. The Key management personnel are the directors, whose names are
mentioned in the Corporate Governance Report.
2. The Major components of Deferred Tax Liability arising on account
of timing difference are Depreciation:
Rs.153, 274/- (P.Y Rs. 103,300/-)
3. The Company is operating in Single business segment; therefore
requirement with regard to segmental reporting as per AS-17 is not
applicable to the Company. The Company operates mainly in Indian Market
and there is no reportable geographical segment.
4. Earning Per Share
Earnings per share are calculated by dividing the profit attributable
to the equity shareholders by the number of equity shares outstanding
during the year, as under:
5. In the opinion of the Board, all the current assets, loans and
advances have a value on the realization in the ordinary course of
business at least equal to the amount stated in the Balance Sheet and
all the known liabilities have been provided for.
6. Related Party Disclosure A. List of Related Parties
i) Key Managerial Personnel
Rajesh Kumar Pagaria, Managing Director
Ranjit Singh Pagaria , Non Executive Director
Jaydeb Mondal, Non Executive Director
Manash Bose, Non Executive Director
ii) Enterprises in which Key Managerial Personnel have significant
influence:
Bengal Barge P. Ltd.
Bhawana Impex P. Ltd.
Bird Aviation Ltd.
Kargil Steel P. Ltd.
RSP Business P. Ltd.
Shivshankar Vanijya P. Ltd.
Sri Anand Vinayak Coal Filed Ltd.
Super Entertainment P. Ltd.
Zebra Consultancy P. Ltd.
Zebra Infrastructure P. Ltd.
Zebra Mining P. Ltd.
Pagaria Power P Ltd.
Pagaria Properties P. Ltd.
B. The List of related parties and nature including amount of their
transaction have been taken place during the year are given below:
7. Debit and Credit Balances are being subject to confirmation and
reconciliation thereof and the same have been taken as per the balances
appearing in the books. The consequent necessary adjustments, either of
a revenue nature or otherwise if any, will be made as and when these
accounts are confirmed.
8. The figures appearing in the Financial Statements have been rounded
off to nearest rupee.
9. Previous year''s figures have been regrouped /reclassified wherever
necessary to correspond with the current year''s classification/
disclosure.
Mar 31, 2013
Note: - 1
(a) In the opinion of the management, there are no contingent
liabilities as on Balance Sheet date and nor any events occurred after
the Balance Sheet date that affects the financial position of the
Company.
2. During the financial year 2012-13, there are not any transactions
with any suppliers /parties who are covered under ''The Micro Small and
Medium Enterprises Development Act, 2006''.
3. Key Management Personnel
The Key management personnel are the directors, whose names are
mentioned in the corporate governance report.
4. Related Party Disclosures:
The List of related parties and nature including amount of their
transaction have been taken place during the year are given in the
Annexure attached
5. There are not any particulars which are required to be furnished
pursuant to Clause VIII of part II of the Schedule VI of the Companies
Act, 1956.
6. The Mazor Components of Deferred Tax Liability arising on account
of timing difference are- Depreciation :: Rs.l03,300/-(P.YRs. 25,067/-)
7. The Company is operating in Single business segment, therefore
requirement with regard to segmental reporting as per AS-17is not
applicable to the Company. The Company operates mainly in Indian Market
and there is no reportable geographical segment.
8. In the Opinion of the Board, all the current assets, loans and
advances have a value on realization in the ordinary course of business
at least equal to the amount stated in the Balance Sheet and all the
known liabilities have been provided for.
Mar 31, 2012
1. During the financial year 2011-12, there are not any transactions
with any suppliers /parties who are covered under 'The Micro Small and
Medium Enterprises Development Act, 2006'.
2. Key Management Personnel
The Key management personnel are the directors, whose names are
mentioned in the corporate governance report.
3. There are not any particulars which are required to be furnished
pursuant to Clause VIII of part II of the Schedule VI of the Companies
Act, 1956.
4. The Company is operating in Single business segment, therefore
requirement with regard to segmental reporting as per AS-17is not
applicable to the Company.The Company operates mainly in Indian Market
and there is no reportable geographical segment.
5. In the Opinion of the Board, all the current assets, loans and
advances have a value on realization in the ordinary course of business
at least equal to the amount stated in the Balance Sheet and all the
known liabilities have been provided for.
6. Certain Debit and Credit Balances are being subject to
confirmation and reconciliation thereof and the same have been taken as
per the balances appearing in the books. The consequent necessary
adjustments, either of a revenue nature or otherwise if any, will be
made as and when these accounts are confirmed.
7. The figures appearing in the Financial Statements have been
rounded off to nearest rupee.
8. The Revised Schedule VI has become effective from 1st April, 2011
for the preparation of financial statements. This has significantly
impacted the disclosure 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
/ disclosure.
Mar 31, 2010
(a) Provision for taxation Including FBT) has been made during the year
of Its. 56.087/- as per minimum alternative tax provision of income
tax. (Previous Year Rs. 65,800/- ).
(b) There is no contingent liability during the year(Previous year
NIL)
(c) Estimated amount of contracts remaining to be executed on capital
account and not provided are NIL.
(d) Figure of previous year has been re-grouped or rearranged whenever
deemed necessary.
(e) In the opinion of the directors, current assets, loans and advances
have the value on which they are stated in the Balance sheet realised
in the ordinary course of business.
(f) Additional information pursuant to paragraph 3 & 4 of Part II of
Schedule VI In the Companies Act. 1956 ;
(i) The providing of quantitative information in respect on software
business and oilier trading is not practically possible, bence not
furnished.
(ii) C-I.F value of Imports ; NIL (iiiExpenditure in Foreign Currency :
NIL
(g) Accounting Standard Compliance :
(i) No provision in respect of retirement benefits has been made during
the year, as none of the above said Acts are applicable to the Company.
(Previous Year NIL)
(ii) The segmental reporting as specified in the Accounting Standard
17 is not required to be given as the Company remained engaged in
single line of activity during the year
(iii)Related Party Disclosures as per Accounting Standard 18 ; There
are no related party disclosures to be made in the Company.
(iv)Earning per share as per Accounting Standard 20 : Basic and dilmed
earning per share for the year is Rs. 0.0l. (Previous Year Rs. 0.01)