Notes to Accounts of Shyamal Holding &Trading Ltd.

Mar 31, 2014

Note 1 : Share Capital

1.1 Terms/Rights attached to equity shares

The Company has only one class of shares referred to as equity shares having par value of Rs 10 each. Each holder of equity share is entitled to one vote per share. The holders of equity shares are entitled to dividends, if any, proposed by the Board of Directors and approved by Shareholders at the Annual General Meeting except in case of Interim Dividend. In the event of liquidation of the Company the holders will be entitled to receive remaining assets of the Company, after distribution of all preferential distribution in proportion to the number of Equity Shares held by the shareholders.

Note 2:

For the year For the year Particulars ended 31.03.2014 ended 31.03.2013

Rs. Rs.

Contingent Liabilities not provided for Estimated amount of contracts remaining to be executed on Capital Accounts. - -

Note 3: Earning Per Share

Basic & Diluted Earning Per Share (EPS) computed in accordance with Accounting Standard (AS) 20 "Earning per Share" (Before and after extraordinary items)

Note 4: Related Party Disclosures

Related Party Disclosures as required by Accounting Standard (AS) 18 are given below:

a) List of related parties where control exists and related parties with whom transactions have taken place and relationships

Sr. Name of Related Party Relationship No.

1. Black Velvet Publishers Private Limited Holding Company

2. Neeraj Sharma Key Management Personnel

b) Nature of transactions

There is no transaction with related parties during the current year and preceding year.

Note 5: Disclosures specified by the MSMED ACT

Based on the information available with the Company, the balance due to micro and small enterprises as defined under the MSMED Act, 2006 is Rs. Nil (Previous year Rs. Nil) and interest paid or payable is Rs. Nil (Previous year Rs. Nil) under the terms of the MSMED Act, 2006.

Note 6: Previous Year figures

Previous years figures are regrouped where ever necessary.

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Mar 31, 2013

Note 1 Disclosures specified by the MSMED ACT

Based on the information available with the Company, the balance due to micro and small enterprises as defined under the MSMED Act, 2006 is Rs. Nil (Previous year Rs. Nil) and interest paid or payable is Rs. Nil (Previous year Rs. Nil) under the terms of the MSMED Act, 2006.

Note 2 Previous Year figures

Previous year''s figures are regrouped where ever necessary.

(in Rs.)

Current Year Previous Year

3 . Contingent Liabilities not provided for

Estimated amount of contracts remaining - - to be executed on Capital Accounts.

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Mar 31, 2012

Note 1 Disclosures specified by the MSMED ACT

Based on the information available with the Company' the balance due to micro and small enterprises as defined under the MSMED Act' 2006 is Rs. Nil (Previous year Rs. Nil) and interest paid or payable is Rs. Nil (Previous year Rs. Nil) under the terms of the MSMED Act' 2006.

Note 2 Previous Year figures

During the year ended 31st March' 2012 the Revised Schedule VI notified under The Companies Act' 1956 has become applicable to the Company for preparation and presentaion of its financial statement. The adoption of Revised Schedule VI does not impact recongination and measurement principles followed for preparation of financial statements. However' it has significant impact on presentation and disclosures made in the financial statement. The Company has also reclassified the previous year's figures in accordance with the requirements applicable in the current year. In view of this reclassification' certain figures of current year are not strictly comparable with those of the previous year.

(in Rs.)

Current Year Previous Year

3. Contingent Liabilities not provided for Estimated amount of contracts remaining - - to be executed on Capital Accounts.

As per our report of even date - -

For and on behalf of the Board - -

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Mar 31, 2010

Not Available