Mar 31, 2015
1 Rights, preferences and restrictions attached to shares:
Equity Shares: The company has one class of equity shares having a par
value of Rs.10 per share. Each shareholder is eligible for one vote per
share held. The dividend proposed by the Board of Directors is subject
to the approval of the shareholders in the ensuing Annual General
Meeting, except in case of interim dividend. In the event of
liquidation, the equity shareholders are eligible to receive the
remaining assets of the Company after distribution of all preferential
amounts, in proportion to their shareholding.
2 The Company has not received any memorandum (as required to be
filed by the suppliers with the notified authority under the Micro,
Small and Medium Enterprises Development Act, 2006) claiming their
status as micro, small or medium enterprises. Consequently the amount
paid / payable to these parties during the year is nil.
3 The figures have been rounded upto a Rupee. Parties Balances are
subject to their confirmations and reconciliation and consequential
adjustments, if any.
4 Proposed Dividend
The Board of Directors have proposed equity dividend of Rs.1.50 ( P.Y
Rs.1.50) per equity share of Rs.10.00 each. The aggregate amount of
equity dividend proposed to be distributed is Rs.13,60,733/- (P.Y. Rs.
13,26,724/-) including Dividend Distribution Tax of Rs.2,26,733/- (
P.Y. Rs. 1,92,724/-)
5 Previous year figures have been regrouped and recast wherever
necessary to make them comparable with current year''s figures.
Mar 31, 2014
NIL
Mar 31, 2012
NOTE 1 : PAYMENT TO AUDITORS (PAID/PAYABLE)
31.03.2012 31.03.2011
Rs Rs
As Audit Fees 60,000 50,000
For Taxation Matters 25,000 15,000
In other capacity 36,000 33,000
Re-imbursement of 6,215 1,214
Expenses
TOTAL 1,27,215 99,214
Payment to Auditors Rs. 127215/- is excluding Service Tax of Rs.
14523/- (Previous Year Rs. 10094/-)
NOTE 2 : EARNING PER SHARE :
Earning Per Share is Calculated by dividing the profit/loss
attributable to the Equity Shareholders by weighted average number of
Equity share out- standing during the period. The number used in
calculating Basic and Diluted Earning per Equity share are as stated
below:
NOTE 3:
The Company has not received any memorandum (as required to be filed by
the suppliers with the notified authority under the Micro, Small and
Medium Enterprises Development Act, 2006) claiming their status as
micro, small or medium enterprises. Consequently the amount
paid/payable to these parties during the year is nil.
NOTE 4 : The Figures have been rounded upto a Rupee. Parties Balances
are subject to their confirmations and reconciliation and consequential
adjustments, if any.
NOTE 5 : Previous year figures have been regrouped and recast wherever
necessary to make them comparable with current year's figures which are
as per the requirements of Revised Schedule VI of The Companies Act,
1956.
NOTE 6 : Note No. 1 to 42 form an internal part of Financial
Statements. Signature to Balance Sheet, Statement of Profit & Loss and
Note 1 to Note 43 As per our report of even date attached herewith
Mar 31, 2011
1. Liability in respect of Superannuation Benefits extended to
eligible employees is contributed by the Company to Life Insurance
Corporation of India against a Master Policy @ 15% of the Basic Salary
of all the eligible employees.
2. Liability in respect of Provident Fund is provided on actual
contribution basis.
3. Liability in respect of Leave Encashment is provided on actual
payment basis.
a) Investment:
Investments are generally of Long Term nature and are stated at cost
unless there is a other than temporary diminution in their value as
at the date of Balance Sheet.
i) Revenue Recognition:
1) Sale of goods is generally recognised on dispatch to customers and
excludes the amounts recovered towards Excise Duty, Packing and
Forwarding and Sales Tax.
2) Interest revenues are recognised on a time proportion basis taking
into account the amount outstanding and the rate applicable.
3) Consistent with past practice dividends from investments in Shares
are recognised as and when the same are received.
4) Consistent with past practice Insurance Claim is accounted for as
and when the same has been admitted by the Insurance authorities.
j) Contingent Liabilities:
There is no any Contingent Liability
2) Payment to Auditors (paid/payable)
Payment to Auditors Rs. 99,214/- is excluding Service Tax of Rs.
10,094/- (Previous Year Rs. 10,033/-)
5) The Company has not received any memorandum (as required to be filed
by the suppliers with the notified authority under the Micro, Small and
Medium Enterprises Development Act, 2006) claiming their status as
micro, small or medium enterprises. Consequently the amount
paid/payable to these parties during the year is nil.
6) The figures have been rounded up to a Rupee. Parties Balance are
subjected to their confirmation.
7) Previous year figures have been regrouped and recast wherever
necessary.
8. Managerial Remuneration
Managerial remuneration for the Managing Director and Joint Managing
Director amounting Rs.3312092/- (Previous Year Rs.2931980/-) Includes
estimated money value of benefit Rs.252000 /- (Previous Rs.221273/-)
and commission Rs.NIL (Previous Year Rs. NIL)
Mar 31, 2010
1. Liability in respect of Superannuation Benefits extended to
eligible employees is contributed by the Company to Life Insurance
Corporation of India against a Master Policy @ 15% of the Basic Salary
of all the eligible employees.
2. Liability in respect of Provident Fund is provided on actual
contribution basis.
3. Liability in respect of Leave Encashment is provided on actual
payment basis.
B) Investment:
Investments are generally of Long Term nature and are stated at cost
unless there is a other than temporary diminution in their value as
at the date of Balance Sheet.
i) Revenue Recognition:
1) Sale of goods is generally recognised on dispatch to customers and
excludes the amounts recovered towards Excise Duty, Packing and
Forwarding and Sales Tax.
2) Interest revenues are recognised on a time proportion basis taking
into account the amount outstanding and the rate applicable.
3) Consistent with past practice dividends from investments in Shares
are recognised as and when the same are received.
4) Consistent with past practice Insurance Claim is accounted for as
and when the same has been admitted by the Insurance authorities.
C) Contingent Liabilities:
There is no any Contingent Liability
7) The Company has not received any memorandum (as required to be filed
by the suppliers with the notified authority under the Micro, Small and
Medium Enterprises Development Act, 2006) claiming their status as
micro, small or medium enterprises. Consequently the amount
paid/payable to these parties during the year is nil.
8) The figures have been rounded upto a Rupee. Parties Balance are
subjected to their confirmation.
9) Pre vious year figures have been regrouped and recast wherever
necessary.