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Notes to Accounts of Universal Autofoundry Ltd.

Mar 31, 2016

1. Terms/ Rights attached to Equity Shares

The Company has only one class of shares referred to as equity shares having a face value of Rs. 10 per share. Each equity shareholder is entitled to one vote per share.

In the event of liquidation of the Company, the holders of equity shares will be entitled to receive the remaining assets of the Company, after distribution of all preferential amounts.

Primarily Secured by hypothecation of entire current assets of the company comprising, intera alia Stock of Raw Material, WIP, Finished Goods, Receivables, Book Debts and Other Current Assets.

Further Secured by Common Collateral Security of Exclusive charge on entire fixed assets of the firm other than those explicitly financed by other financiers & Equitable Mortgage of Land& Building situated at B-307, Road No.-16, VKI Area, Jaipur.

Cash collateral (Fixed Deposits) of Rs. 18.75 lacs.

Further Secured by Director''s Personal Guarantee.

2. Based on the information available with the Company, no supplier has been identified, who is registered under the Micro, Small & Medium Enterprises Development Act, 2006. Further, the Company has not received any claim of interest from any supplier under the said Act.

Mar 31, 2013

1. Terms/ Rights attached to Equity Shares

The Company has only one Class of Equity Shares having par value of Rs. 10/- per share. Each holder of equity shares is entilted to one vote per share.


2. in pursuant to Accounting Standard 18 regarding Related Party Disclosure,the details are as under: (i) Related parties (with whom transactions entered during the financial year)

Sr.No Name Of The Related Party Relationship

1 Kishan Lai Gupta

2 Vimal Chand Jain

3 Vikram Jain Key Mangerial Person

4 Amit Gupta

5 Vinit Jain

6 Ajay Gupta- HUF

7 Ajay Gupta

8 Amit Gupta HUF

9 Geeta Tyagi

10 G.K. Tyagi

11 K.L. Gupta HUF

12 Mani Jain

13 Veenu Jain

14 Vikram Jain HUF

15 Vinit Jain-HUF

16 Nidhi Jain

17 Manju Tyagi Relatives of Key Mangerial Person

18 P.C. Jain

19 Prakash Chand-HUF

20 Praveen Jain

21 Praveen Jain -HUF

22 Preeti Jain

23 Sonu Gupta

24 KVG Hi Tech Auto Pvt. Ltd

25 Precision Autocastings Private Limited

26 AV Casters Private Limited

27 Unicast