1.1 The Company has issued only one class of shares referred to as
equity shares having face value of Rs.10/-each.
Each holder of equity share is entitled to one vote per share.
1.2 The holders of equity shares are entitled to dividends, if any,
proposed by the Board of Directors and approved by Shareholders at the
Annual General Meeting.
1.3 In the event of liquidation of the Company, the holders of equity
shares will be entitled to receive any of the remaining assets of the
Company, after distribution of all preferential amounts. However, no
such preferential amounts exist currently. The distribution will be in
proportion to the number of equity shares held by the Shareholders.
1.4 The details of shareholders holding more than 5% equity shares is
set out below:
1.5 The company has not, at any time during the preceding five years
issued or allotted (a) any shares as fully paid for consideration
other than cash or (b) as bonus shares. Neither has the company bought
back any class of shares during the said period..
A. Previous Year Comparatives
The Revised Schedule VI has become effective from April 1, 2011 for
the preparation of financial statements. This has significantly
impacted the disclosure and presentation made in the financial
statements. Previous year's figures have been regrouped / reclassified
wherever necessary to correspond with the current year's
classification / disclosure.
Contingent Liabilities & Commitments
B.: (To the extent not provided for)
1 Liabilities (Rs. Lacs)
Claims against the company not acknowledged as debt
Income Tax Dues (Interest) pertaining to AYs
94-95,95-96,96-97 & 97-98,
disputed by the Company, appeals pending before
appropriate authority. 30.49 |