| 1.1 In the opinion of the Board, Current Assets, Loans and Advances are
approximately of the value stated if realized in the ordinary course of
business.
1.2 The Company has mainly activity of trading in commodities except
long term investments in shares. Hence income from them and Assets &
Liabilities are considered only one segment therefore, Disclosure of
segment reporting pursuant to AS - 17 issued by the ICAI is not
required.
1.3 In view of applicability of AS - 22, company does not have material
deferred liability. Therefore the same is not recognized in the
accounts.
1.4 Pursuant to requirement of AS - 18 issued by ICAI the details of
transactions carried out during the year with the related parties are
disclosed as under
1.5 No provision for diminutions in market value of investments of Rs.
1993984/-has been made during the year.
1.6 Sundry debits/credit balances are subject to confirmation and
reconciliation if any.
1.7 Additional Information to be given pursuant to Para 3 & 4 of the
part II of Schedule VI of the Companies Act, 1956, are not applicable.
1.8 Figures of the previous year have been rearranged and/or regrouped
wherever necessary to conform to current year's presentation.
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