27. ContingentLiabilities
|
|
|
Rs.
InLak
hs
|
|
Particulars
|
NameoftheBank
|
Asat31-
03-2024
|
Asat31-
03-2023
|
|
BankGuarantee(PerformanceofProduct
|
StateBankOfIndia,
|
260.10
|
67.07
|
|
&towardstheSecurity)
|
AxisBankLtd.
|
30. SegmentReportingisnotapplicableasthecompanyoperatesinonlyonesegmentviz.Copper&Coppe rAlloy Products
31. ClosingBalancesofTradeReceivables/TradePayables/Loans&Advancesaresubjecttoconfirmati onfromtheparties.
32. TherearenoduestoSSIUnitsoutstandingformorethan45days.
33. AdditionalRegulatorylnformation
i. Thetitledeeds,comprisingalltheimmovablepropertiesoflandandbuildingswhicharefreeh old,areheldinthenameoftheCompanyasatthebalancesheetdate.
ii. TheCompanyhasnotrevalueditsProperty,PlantandEquipmentsincetheCompanyhasadoptedcostm odelasitsaccountingpolicytoanentireclassofProperty,PlantandEquipmentinaccordancewithIndAS 16.
iii. TheCompanyhasnotgrantedanyloanoradvanceinthenatureofloantopromoters,directors,KMPsan dotherrelatedpartiesthatarerepayableondemandorwithoutspecifyinganytermsorperiodofrepay ment.
iv. There are noproceedings initiated orare pending againstthe company for holding anybenamipropertyunderthe Benami Transactions(Prohibition)Act, 1988(45 of1988)and rulesmadethereunder
v. TheCompanyhasbeensanctionedworkingcapitallimitsinexcessoffivecrorerupees,inaggregate,fro mbanksorfinancialinstitutionsonthebasisofsecurityofcurrentassetsandthequarterlyreturnsorsta tementsfiledbythecompanywithsuchbanksorfinancialinstitutionsareinagreementwiththebookso faccountoftheCompany
vi. TheCompanyhasnotbeendeclaredaswillfuldefaulterbyanybankorfinancialInstitutionorotherlend ers.
vii. TheCompanydidnothaveanytransactionswithCompaniesstruckoffunderSection248ofCompani esAct,2013orSection560ofCompaniesAct,1956consideringtheinformationavailablewiththeCo mpany.
viii. TherearenochargesorsatisfactionsyettoberegisteredwithROCbeyondthestatutoryperiodbytheCo mpany.
*ReturnonEquityRatio: -
Profitaftertaxhasbeenincreasedastherevenuefromoperationsalsoincreasedasaresultofmoresaleo
rders
**TradePayablesTurnoverRatio:-
Increaseinpurchasesforproductionpurposeresultedinrapidsettlementofpayables.
***NetProfitRatio:-
Profitaftertaxhasbeenincreasedastherevenuefromoperationsalsoincreasedasaresultofmoresaleo
rders.
#ReturnonInvestment(Asset):-
TotalComprehensiveIncomehasbeenincreasedastherevenuefromoperationsalsoincreasedas
aresultofmoresaleorders.
x. TherearenoSchemeofArrangementsapprovedbytheCompetentAuthorityintermsofsections 230to237ofthe CompaniesAct,2013duringtheyear.
xi. Tothebestofthecompany'sknowledgeandbelief,otherthanasdisclosedinthenotestoaccounts,thecom panyhasnotadvancedorloanedorinvestedfunds(eitherborrowedfundsorsharepremiumoranyother sourcesorkindoffunds)toanyotherperson(s)orentity(ies),indudingforeignentities(Intermediaries) withtheunderstanding(whetherrecordedinwritingorotherwise)thattheIntermediaryshall(i)directl yorindirectlylendor
investinotherpersonsorentitiesidentifiedinanymannerwhatsoeverbyoronbehalfofthecompany(Ult
imateBeneficiaries)or(ii)provideanyguarantee,securityortheliketooronbehalfoftheUltimateBenefi
ciaries.
xii. Tothebestofthecompany'sknowledgeandbelief,otherthanasdisclosedinthenotestoaccounts,theco mpanyhasalsonotreceivedanyfundfromanyperson(s)orentity(ies),indudingforeignentities(Fundi ngParty)withtheunderstanding(whetherrecordedinwritingorotherwise)thatthecompanyshall(i)d ire ctlyorindirectlylendorinvestinotherpersonsorentitiesidentifiedinanymannerwhatsoeverbyoro nbehalfoftheFundingParty(UltimateBeneficiaries)or(ii)provideanyguarantee,securityorthelikeon behalfoftheUltimateBeneficiaries.
xiii. The Company does not have any transactions which are not recorded in the books of accountsthat has been surrendered or disclosed as income in the tax assessments under the Income TaxAct,1961duringtheyear.
xiv. Theprovisionsofsection135oftheCompaniesAct,2013forconstitutionofCSRcommitteeisnotappli abletotheCompany.
xv. TheCompanydidnottradeorinvestinCryptoCurrencyorvirtualcurrencyduringthefinancialy ear.
xvi. Previousyears'figuresarerestated/regrouped/rearrangedwherevernecessaryinordertoconfo rmtothecurrentyears'groupingandclassifications.
|