| NOTE NO. - 1
SHARE CAPITAL
Note 1.a
a) The company is having only one class of Shares referred to as Equity
shares having a par value of Rs. 10/- each.
b) Each holder of equity shares is entitled to one vote per share.
c) No shares are reserved for issue under options and
contracts/commitments for the sale of shares/disinvestment/ESOP etc.
d) The company has not declared any dividend during the year.
e) The company does not have any Holding company in the current or
previous period, hence disclosure of shares held by holding and
ultimate holding companies is not applicable.
NOTE NO. - 2
LONG TERM BORROWINGS
Note 2.a
Unsecured Loans : from related parties and others
None of the borrowings are guaranteed by directors or any other person.
None of above are interest bearing loans.
Terms of Repayment : Payable on demand after 12 months.
No default on account of repayment of principal or interest, where ever
applicable.
NOTE NO. - 3
TRADE PAYABLES
The confirmation of transactions and balances of some of the Trade
Payables are awaited form the respective parties till the conclusion of
the audit and in absence of such confirmation the entries recorded in
the books have been relied upon and therefore, such balances are as per
books of accounts of the company and subject to reconciliation with
respective parties. Disclosure regarding trade payables and overdue
payments to Micro and Small Enterprises as required to be disclosed
under the MSMED Act, 2006 is determined to the extent such parties have
been identified by the Company on the basis of information supplied by
the parties, which has been relied upon by the auditors.
NOTE NO. - 4
SHORT TERM LOANS AND ADVANCES
In the opinion of the Management loans and advances have a value on
realisation in the ordinary course of business at least equal to the
amount at which they are stated.
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