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SHREESHAY ENGINEERS LTD.

21 January 2025 | 12:00

Industry >> Engineering - General

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ISIN No INE452Z01012 BSE Code / NSE Code 541112 / SHREESHAY Book Value (Rs.) 18.01 Face Value 10.00
Bookclosure 25/09/2024 52Week High 55 EPS 0.83 P/E 51.16
Market Cap. 55.86 Cr. 52Week Low 27 P/BV / Div Yield (%) 2.35 / 0.00 Market Lot 2,000.00
Security Type Other

NOTES TO ACCOUNTS

You can view the entire text of Notes to accounts of the company for the latest year
Year End :2024-03 

Company continues to recognize the transferred asset to the extent of the Company's continuing involvement. In that case, the Company also recognises an associated liability. The transferred asset and the associated liability are measured on a basis that reflects the rights and obligations that the Company has retained.

Financial Liabilities:

Initial Recognition and Subsequent Measurement

All financial liabilities are recognised initially at fair value and in case of borrowings and payables, net of directly attributable cost. Financial liabilities are subsequently carried at amortized cost using the effective interest method. For trade and other payables maturing within one year from the Balance Sheet date, the carrying amounts approximate fair value due to the short maturity of these instruments. Changes in the amortized value of liability are recorded as finance cost.

De-recognition

A financial liability is de-recognised when the obligation under the liability is discharged or cancelled or expires. When an existing financial liability is replaced by another from the same lender on substantially different terms, or the terms of an existing liability are substantially modified, such an exchange or modification is treated as the derecognition of the original liability and the recognition of a new liability. The difference in the respective carrying amounts is recognised in the statement of profit or loss.