1.1 The previous year's figures have been reworked, regrouped,
rearranged and reclassified wherever necessary.
1.2 All the investments made by the company are valued at Cost.
1.3 Managerial Remuneration: NIL
1.4 The company does not have inventory as on 31.03.2015.
1.5 Deferred tax arising on account of timing difference and which are
capable of reversal in one or more subsequent periods is recognised
using the tax rates and tax laws that have been enacted or
substantively enacted. Deferred tax assets are recognised unless there
is virtual certainty with respect to the reversal of the same in future
years.
1.6 All schedules annexed to and form integral part of the Balance
Sheet and Profit & Loss Account.
1.7 Minimum Alternative Tax (MAT) is recognised as an asset only when
and to the extent there is convincing evidence that the company will
pay normal income tax during the specified period. The Company reviews
the same at each balance sheet date and writes down the carrying amount
of MAT Credit Entitlement to the extent there is no longer convincing
evidence to the effect that company will pay normal Income Tax during
the specified period.
1.8 Value of Import on CIF Basis Nil
1.9 Earnings in Foreign Exchange (FOB Value) Nil
1.10 Expenditure in Foreign Currency Nil
1.11 No Relative Party Transactions has made during the year.
1.12 Compliance under Regulations of the SEBI (Prohibition of Insider
Trading Regulations), 2015 Company has inform to BSE that;
1.13 - Pursuant to Regulation 8(1), the company has formula ted and
adopted the "Code of Practice s and Procedures for the Fair Disclosure
of Published Price Sensitive Information" (Code of Fair Disclosure) of
the Company.
1.14 - Pursuant to Regulation 9 of the SEBI (Prohibition of Insider
Trading) Regulations, 2015 the Board has formulated & adopted the Code
of Conduct to regulate, monitor and report trading by insiders" (Code
of Conduct) of the Company.
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