| a. During the year the Company has made interest refund claim amounting
to Rs. 8,51,94,611/- in respect of term loans granted by Banks under
Technology Up-gradation Fund Scheme (TUFS) and during the year the
Company has not received any interest refund.
b. Factory land is owned by the promoters and their relatives. The
Company has entered into an agreement with the landowners for lease of
land in the year 2000-01. Factory Land of new project is also owned by
key management personnel and the Company has executed lease agreement
for new project in the year 2008-09.
c. The outstanding balances as on 31.03.2014 in respect of Sundry
Debtors, Sundry Creditors, Loans & Advances, Deposits are subject to
confirmation from respective parties and consequential reconciliation /
adjustment arising there from, if any. The Management, however, does
not expect any material variation.
d. We are compiling the information about the status of our suppliers
as a Micro, Small and Medium Enterprises and registered under MSMED Act
2006 (Micro, Small and Medium Enterprises Development Act, 2006) hence
disclosure under schedule VI of the Companies Act is not made
e. In the opinion of the Board of Directors, the current assets, loans
and advances as well as unquoted investments have realisable value in
the ordinary course of business at least equal to the amounts at which
they are stated.
f. Figures of the previous year are regrouped wherever necessary.
g. Figures are rounded off to nearest lac of rupees.
h. Consumption of Raw Material, Packing & Spares :
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