Corporate information

Anmol (India) Limited is a limited company domiciled in India and incorporated on 03.04.1998 under the provisions of the Companies Act, 1956. The company is engaged in the trading of coal with Heac Office, Registered Office at Guwahati and Branches at Kapurthala and Gandhidham

a. Terms/Rights attached to Equity Shares

The Company has only one class of equity shares having par value of Rs. 10 per share. Each holder of Equity Share is entitled to one vote per share.

In the event of liquidation of the company, the holders of the equity shares will be entitled to receive remaining assets of the company, after distribution of all peferential amounts. The distribution will be in proportion to the number of equity shares held by the shareholders less than the amount at which they are stated in the Balance Sheet.

1.1 In the opinion of the Management and to the best of their knowledge and belief the value on realization of loans, advances and other current assets in the ordinary course of business will not be less than the amount at which they are stated in the Balance Sheet.

1.2 There are no Micro, Small and Medium Enterprises, as defined in the Micro, Small and Medium Enterprises Development Act, 2006 to whom the company owes dues on account of principal amount together with interest and accordingly no additional disclosures have been made. The above information regarding Micro, Small and Medium Enterprises have been determined to the extent such parties have been identified on the basis of the information available with the company.

1.3 The Company had taken Letter of Credit in favour of M/s. Valency international Trading PTE for 33,02,640 USD from HDFC Bank Limited against Import of Coal which is outstanding as on 31.03.2018.

1.4 Contingent Liabilities - There is a Contingent Liability of Rs. 1,97,38.060/- as on 31.03.2018 towards the Green Cess Receivable and the case is pending before the Honorable High Court of Delhi.

1.5 The Company had during the year transferred Rs.230,00,000/- from Profit and Loss account to General Reserve.

1.6 During the year interest and Salary were paid to the related parties in the ordinary course of business.

1.7 There is a difference in the Depreciation calculated as per Income Tax Act 1961 and Companies Act 2013 and hence Deferred Tax Liability has been calculated, the details of which are as below :

1.8 Previous year figures:

Previous year’s figures have been re-arranged/regrouped wherever found necessary.