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Notes to Accounts of Subh Tex (India) Ltd.

Mar 31, 2015

1. Share Capital

Rights & restriction attached to equity shareholders:

The company has only one class of equity shares having face value of 1/- each. Every shareholder is entitled for one vote per share. The dividend proposed by the Board of Directors is subject to approval of shareholder except in case of interim dividend. In the event of liquidation, the equity shareholders are entitled to receive the remaining assets of the company, after distribution of all preferential amounts, in proportion of their shareholding.