Mar 31, 2015
I. Previous period's figures have been regrouped/rearranged wherever
necessary. Headings, sub-headings and information as per Schedule VI
and Accounting Standards which are not applicable to the company are
not stated in Balance Sheet and Statement of Profit and Loss. Figures
in brackets are for previous year unless otherwise specified.
ii. Tax deducted at source on interest income - Rs. 1,61,845/- (Rs.
1,48,012/-) and on dividend Nil. Interest income includes an amount of
Rs.4,83,400/- (Rs. 1,58,014/-) received during the year from a venture
capital fund.
iii. Basic and Diluted earning per share has been calculated by
dividing the net profit after tax i.e. Rs.3.99 Lacs for the year by the
weighted average number of equity shares outstanding during the year
i.e. 30 Lacs shares.
iv. The provision for deferred tax assets/liabilities as on 31-3-15 is
Nil. As a measure of prudence, deferred tax assets for MAT credit for
future tax liabilities has not been taken into account. Provision for
bad and doubtful debts and for depreciation in investments - Nil. Gross
non-performing assets - Nil. Net non-performing assets - Nil, Assets
acquired in satisfaction of debts - Nil. Amount due to Micro, Small &
Medium Enterprises as per MSMED Act, 2006 as on 31-03-2015 - Nil. The
Company has not accepted any deposits from the public. As per
guidelines issued by Reserve Bank of India an amount of Rs. 2.5 lacs
has been provided as Contingent Provision against Standard Assets and
has been shown as Contingent Provision in the balance sheet.
v. The Company is in the business of investment and finance and all
its activities revolve around this business. As such, there are no
separate reportable Segments. As provided in Accounting Standard 3 the
Dividend income has been included in Operating Activities in Cash Flow
Statement. In the Statement of Profit and Loss Dividend Income has been
shown under Other Income as per requirement of Revised Schedule VI.
vi. The Company has only one class of shares referred to as equity
shares having a par value ofRs.10 entitling the holder to one vote per
share. There was no change in the number of shares outstanding at the
beginning and at the end of the reporting period. Share holders holding
more than 5% shares in the company and number of shares held: Bombay
Mercantile & Leasing Co Ltd-1025398, Abhinandan Textiles & Traders Pvt.
Ltd.-375000 and Ashok Tulsyan (HUF) 600000.
vii. Meeting fees paid to Independent Director - Mr. S. Rathi
Rs.5000/-.
viii. Market value of all quoted investments-Rs.10,29,276/-
(Rs.9,72,941/-). Provision for diminution in value of investments- Nil.
Investments in Properties are partly paid to the extent of amount due
and payable as per the terms of purchase and progress of construction
and are shown as other non current investments as per requirement of
Revised Schedule VI.
ix. Miscellaneous expenses grouped under the head of Other Expenses
include Rs.11,236/- (Rs.11,236/-) for audit fees, Rs. 3,371/-
(Rs.3,000) for internal audit, Rs.11,000/- (Rs. 7,303/-)for Secretarial
Auditors fees and Rs.2,085/- (Rs.1,053/-) for Securities Transaction
Tax.
x. Contingent liabilities and commitments (to the extent not provided
for) - Uncalled liability on commitments for Investments in Properties
under construction or development Rs.116 Lacs.
Mar 31, 2014
I. Previous period''s figures have been regrouped/rearranged wherever
necessary. Headings, sub-headings and information as per Schedule VI
and Accounting Standards which are not applicable to the company are
not stated in Balance Sheet and Profit and Loss Statement. Figures in
brackets are for previous year unless otherwise specified.
ii. Tax deducted at source (in Rs) on interest income - Rs. 1,48,012/-
(Rs. 1,71,075/-) and on dividend Nil. Interest income includes an
amount of Rs. 1,58,014/- received during the year from a venture
capital fund.
iii. Basic and Diluted earning per share has been calculated by
dividing the net profit after tax i.e. Rs.3.25 Lacs for the year by the
weighted average number of equity shares outstanding during the year
i.e. 30 Lacs shares.
iv. The provision for deferred tax assets/liabilities as on 31-3-14 is
Nil. As a measure of prudence deferred tax assets for MAT credit for
future tax liabilities has not been taken into account. Provision for
bad and doubtful debts and for depreciation in investments - Nil. Gross
non-performing assets - Nil. Net non-performing assets - Nil, Assets
acquired in satisfaction of debts - Nil. Amount due to Micro, Small &
Medium Enterprises as per MSMED Act, 2006 as on 31-03-2014 - Nil. The
Company has not accepted any deposits from the public. As per
guidelines issued by Reserve Bank of India an amount of Rs. 2.5 lacs
has been provided as Contingent Provision against Standard Assets and
has been shown as Contingent Provision in the balance sheet.
v. The Company is in the business of investment and finance and its
all activities revolve around this business. As such, there are no
separate reportable Segments. As provided in Accounting Standard 3 the
Dividend income has been included in Operating Activities in Cash Flow
Statement. In the Profit and Loss Statement Dividend Income has been
shown under Other Income as per requirement of Revised Schedule VI.
vi. The Company has only one class of shares referred to as equity
shares having a par value ofRs.10 entitling the holder to one vote per
share. There was no change in the number of shares outstanding at the
beginning and at the end of the reporting period. Share holders holding
more than 5% shares in the company and number of shares held: Bombay
Mercantile & Leasing Co Ltd-1025398, Abhinandan Textiles & Traders Pvt.
Ltd.-375000 and Ashok Tulsyan (HUF) 600000.
vii. Related Party Disclosures: Associates- Sita Capital Pvt Ltd.
Details of Transactions with associates - (Rs. in Lacs) Balance as on
31-3-2013 Nil -, Advances Received 44.60, Advance Paid during the year
44.60 - Balance as on 31.3.14 - Nil. Meeting fees paid to Independent
Director - Mr. S. Rathi Rs.5000/-.
viii. Market value of all quoted investments-Rs.9,72,941/-
(Rs.16,83,982/-). Provision for diminution in value of investments -
Nil. Investments in Properties under construction or development are
partly paid to the extent of amount due and payable as per the terms of
purchase and are shown as other non current investments as per
requirement of Revised Schedule VI.
ix. Miscellaneous expenses grouped under other expenses include
Rs.11,236/- (Rs.5,000) for audit fees, Rs. 3,000 (Rs.3,000) for
internal audit and Rs.1,053/- (Rs.6,156) for Securities Transaction
Tax.
x. Contingent liabilities and commitments (to the extent not provided
for) - Uncalled liability on commitments for Investments in Properties
under construction or development Rs.126.56 lacs and for Investment in
Venture Capital Fund Rs. 40 Lacs.
Mar 31, 2013
I. Previous period''s figures have been regrouped/rearranged wherever
necessary. Headings, sub-headings and information as per Schedule VI
and Accounting Standards which are not applicable to the company are
not stated in Balance Sheet and Profit and Loss Statement. Figures in
brackets are for previous year unless otherwise specified.
ii. Tax deducted at source (in Rs) on interest income - Rs. 171,075
(Rs. 138000/-) and on dividend Nil.
iii. Basic and Diluted earning per share has been calculated by
dividing the net profit after tax i.e. Rs.7.53 Lacs for the year by the
weighted average number of equity shares outstanding during the year
i.e. 30 Lacs shares.
iv. The provision for deferred tax assets/liabilities as on 31-3-13 is
Nil. As a measure of prudence deferred tax assets for MAT credit for
future tax liabilities has not been taken into account. Provision for
bad and doubtful debts and for depreciation in investments  Nil. Gross
non-performing assets  Nil. Net non-performing assets  Nil, Assets
acquired in satisfaction of debts  Nil. Amount due to Micro, Small &
Medium Enterprises as per MSMED Act, 2006 as on 31-03-2013 - Nil. The
Company has not accepted any deposits from the public. As per
guidelines issued by Reserve Bank of India an amount of Rs. 2.5 lacs
has been provided as Contingent Provision against Standard Assets and
has been shown as Contingent Provision in the balance sheet.
v. The Company is in the business of investment and finance and its all
activities revolve around this business. As such, there are no separate
reportable Segments. As provided in Accounting Standard 3 the Dividend
income has been included in Operating Activities in Cash Flow
Statement. In the Profit and Loss Statement Dividend Income has been
shown under Other Income as per requirement of Revised Schedule VI.
vi. The Company has only one class of shares referred to as equity
shares having a par value ofRs.Rs.10 entitling the holder to one vote per
share. There was no change in the number of shares outstanding at the
beginning and at the end of the reporting period. Share holders holding
more than 5% shares in the company and number of shares held: Bombay
Mercantile & Leasing Co Ltd-1025398, Abhinandan Textiles & Traders Pvt.
Ltd.-375000 and Ashok Tulsyan (HUF) 600000.
vii. Related Party Disclosures: Associates-Goyal Housing And Finance
Ltd., Filmcity Finance Pvt Ltd., Sunshield Finvest Pvt. Ltd., Sita
Capital Pvt Ltd. Details of Transactions with associates - (Rs. in
Lacs) Advance Paid - Balance as on 31.3.13 Â Nil (148.95). Meeting fees
paid to Independent Director  Mr. S. Rathi Rs.5000/-.
viii. Market value of all quoted investments-Rs.16,83,982/- (Rs.
80,65,525/-). Provision for diminution in value of investments  Nil.
Investments in Properties under construction or development are partly
paid to the extent of amount due and payable as per the terms of
purchase and are shown as other non current investments as per
requirement of Revised Schedule VI.
ix. Miscellaneous expenses grouped under other expenses include
Rs.5,000 (Rs.5,000) for audit fees, Rs. 3,000 (Rs.3,000) for internal
audit and Rs.6,156/- (Rs.20,755) for Securities Transaction Tax.
x. Contingent liabilities and commitments (to the extent not provided
for) Â Uncalled liability on commitments for Investments in Properties
under construction or development Rs.159 lacs and for Investment in
Mutual Fund Rs. 60 Lacs.
Mar 31, 2012
I. Previous period's figures have been regrouped/rearranged wherever
necessary. Headings, sub-headings and information as per Schedule VI
and Accounting Standards which are not applicable to the company are
not stated in Balance Sheet and Profit and Loss Statement. Figures in
brackets are for previous year unless otherwise specified.
ii. Tax deducted at source (in Rs) on interest income - Rs. 138,000
(Rs. 127,577/-) and on dividend Nil.
iii. Basic and Diluted earning per share has been calculated by
dividing the net profit after tax i.e. Rs.8.86 Lacs for the year by the
weighted average number of equity shares outstanding during the year
i.e. 30 Lacs shares.
iv. Related Party Disclosures: Associates-Goyal Housing And Finance
Ltd., Filmcity Finance Pvt Ltd., Sunshield Finvest Pvt. Ltd., Sita
Capital Pvt Ltd. Details of Transactions with associates - (Rs. in
Lacs) Balance as on 31.3.12 - Advances paid for allotment of securities
-148.95 including 95.75 to private companies in which any director is a
director or member.
v. The provision for deferred tax assets/liabilities as on 31-3-12 is
Nil. As a measure of prudence deferred tax assets for MAT credit for
future tax liabilities has not been taken into account. Provision for
bad and doubtful debts and for depreciation in investments - Nil. Gross
non-performing assets - Nil. Net non-performing assets - Nil, Assets
acquired in satisfaction of debts - Nil. Amount due to Micro, Small &
Medium Enterprises as per MSMED Act, 2006 as on 31-03-2012 - Nil. The
Company has not accepted any deposits from the public. As per
guidelines issued by Reserve Bank of India an amount of Rs. 2.5 lacs
has been shown separately as Contingent Provision against Standard
Assets in the balance sheet. This contingent and uncertain amount has
been earmarked in the heading of reserves and surplus.
vi. The Company is in the business of investment and finance and its
all activities revolve around this business. As such, there are no
separate reportable Segments. As provided in Accounting Standard 3 the
Dividend income has been included in Operating Activities in Cash Flow
Statement. In the Profit and Loss Statement Dividend Income has been
shown under Other Income as per requirement of Revised Schedule VI.
vii. The Company has only one class of shares referred to as equity
shares having a par value of Rs.10 entitling the holder to one vote per
share. There was no change in the number of shares outstanding at the
beginning and at the end of the reporting period. Share holders holding
more than 5% shares in the company and number of shares held: Bombay
Mercantile & Leasing Co Ltd-1025398, Abhinandan Textiles & Traders Pvt.
Ltd.-375000 and Ashok Tulsyan (HUF) 600000.
viii. Market value of all quoted investments-Rs.8,065,525 (Rs.
20,215,076). Provision for diminution in value of investments - Nil.
Investments in Properties under construction or development are partly
paid to the extent of amount due and payable as per the terms of
purchase and are shown as other non current investments as per
requirement of Revised Schedule VI. Such amounts were shown as advances
in earlier periods.
ix. Miscellaneous expenses grouped under other expenses include
Rs.5,000 (Rs.5,000) for audit fees, Rs. 3,000 (Rs.3,000) for internal
audit and Rs.20,755 (Rs.79,971) for Securities Transaction Tax.
x. Contingent liabilities and commitments (to the extent not provided
for) - Uncalled liability on commitments for Investments in Properties
under construction or development Rs. 320 lacs and for Investment in
Mutual Fund Rs. 60 Lacs.
Mar 31, 2011
1 Previous period's figures have been regrouped/rearranged wherever
necessary.
2 Tax deducted at source (in Rs) on interest income à 1, 27,577/-
(92,400/-) and on dividend Nil.
3 Basic and Diluted earning per share has been calculated by dividing
the net profit after tax i.e. Rs.52.15 Lacs for the year by the
weighted average number of equity shares outstanding during the year
i.e. 30 Lacs shares.
4 Related Party Disclosures: Associates-Goyal Housing And Finance Ltd.,
Sunshield Finvest pvt. Ltd. Details of Transactions with associates -
(Rs. in Lacs) Balance as on 31.3.11 - Advances paid à 58.00.
5 The provision for deferred tax assets/liabilities as on 31-3-11 is
Nil. As a measure of prudence deferred tax assets for MAT credit for
future tax liabilities has not been taken into account. Provision for
bad and doubtful debts and for depreciation in investments à Nil. Gross
non-performing assets à Nil. Net non-performing assets à Nil, Assets
acquired in satisfaction of debts à Nil. Amount due to SSI units as on
31-03-2011 - Nil.
6 The Company is in the business of investment and finance and its all
activities revolve around this business. As such, there are no separate
reportable Segments.
Mar 31, 2010
1 Tax deducted at source (in Rs) on interest income - 92,400/-
(1,36,981/-) and on dividend Nil.
2 Basic and Diluted earning per share has been calculated by dividing
the net profit after tax i.e. Rs.72.13 Lacs for the year by the
weighted average number of equity shares outstanding during the year
i.e. 30 Lacs shares.
3 Related Party Disclosures: Associates-Goya Housing And Finance Ltd.,
Sita Capital Pvt. Ltd. And Sita Offers & Bourse Expertise Ltd. Details
of Transactions with associates -(Rs. in Lacs) Balance as on 31.3.10 -
Advances paid - 138.50.
4 The provision for deferred tax assets/liabilities as on 31-3-10 is
Nil. As a measure of prudence deferred tax assets for MAT credit for
future tax liabilities has not been taken into account. Provision for
bad and doubtful debts and for depreciation in investments - Nil. Gross
non-performing assets - Nil. Net non-performing assets - Nil, Assets
acquired in satisfaction of debts-Nil. Amount due to SSI units as on
31-03-2010 -Nil.
5 Previous periods figures have been regrouped/rearranged wherever
necessary.
Disclaimer: This is 3rd Party content/feed, viewers are requested to use their discretion and conduct proper diligence before investing, GoodReturns does not take any liability on the genuineness and correctness of the information in this article