Mar 31, 2015
I) Sundry Debtors, Loans and Advances and Creditors are subject to
confirmation and reconciliation are certified by the management.
ii) In the opinion of the Board of Directors, Current Assets and Loans
and Advances have die value at which these are slated in the Balance
Sheet, if realized in the ordinary course of business. Unless otherwise
stated and adequate provisions of all known liabilities have been made
and are not in excess of the amount reasonably required.
iii) The accounting policies for segment reporting are in conformity
with accounting policies adopted for the company. The company is
operates in only one segment i.e., in India hence separate information
on geographical segment is not required.
iv) Accounting of Intangible Assets: Intangible asset was not written
off in period of five years
v) Previous year figures are re-grouped, re-classified during current
period wherever necessary
Mar 31, 2013
1. During the year the company received calls in arrears @ 7.50 per
share in respect of 30,88,700 shares amount to Rs.23165250-00 and
outstanding calls in arrears represents 607600 shares @7.50 per share
due
2. Micro,Small and Medium scale business entities:
The company does not owe any sum to Micro & Small enterprises as at the
end of the accounting year on account of principal and interest under
the Micro, Small and Medium Enterprises Development Act, 2006 as per
the information and records available with the company about their
industrial status.
3) Sundry Debtors, Loans and Advances and Creditors are subject to
confirmation and reconciliation.
4) In the opinion of the Board of Directors, Current Assets and Loans
and Advances have the value at which these are stated in the Balance
Sheet, if realized in the ordinary course of business. Unless otherwise
stated and adequate provisions of all known liabilities have been made
and are not in excess of the amount reasonably required.
5) The accounting policies for segment reporting are in conformity
with accounting policies adopted for the company. The company is
operates in only one segment i.e., in India hence separate information
on geographical segment is not required.
6) Value of Imports on CIF basis NIL NIL
7) Expenditure in foreign currency NIL NIL
8) Earnings in foreign currency NIL NIL
9) Previous year figures are re-grouped, re-classified during current
period wherever necessary
Mar 31, 2012
I) Earning per share:
In determining eaming per share, the company considers the net profit
after tax and includes post tax effect of any extra ordinary items. The
number of shares used in computing basic earning per share is the
weighted average number of shares outstanding during the period.
ii) Sundry Debtors, Loans and Advances and Creditors are subject to
confirmation and reconciliation.
iii) In the opinion of the Board of Directors, Current Assets and Loans
and advances have the value at which these are stated in the Balance
Sheet, if realized in the ordinary course of business. Unless otherwise
stated and adequate provisions of all known liabilities have been made
and are not in excess of the amount reasonably required. A
iv) The accounting policies for segment reporting are in conformity
with accounting policies adopted for the company. The company is
operates in only one segment i.e., in India hence separate information
on geographical segment is not required.
v) Related parties disclosures as per accounting standard AS-18
(The information is given as complied and certified by the management)
vi) Previous year figures are re-grouped, re-classified during current
period wherever necessary.