| 1. Contingent liabilities not provided for:
Demand of Value Added Tax of Rs. Nil (Rs. 6,409/-)
Demand of Central Sales Tax of Rs. Nil (Rs. 6, 07,372/-)
2. Related Party Disclosures :
List of Related Parties with whom transactions have taken place during
the year:
A) Key Management Personnel
Shri Vijaykumar D. Agarwal
B) Relatives of Key Management Personnel's
Name of Party Related Party Relationship
Smt. Santoshdevi V. Agarwal Wife of Key Management Personnel
Mrs. Ruchira V. Agarwal Daughter in law of Key Management
Personnel
Vanita V Agarwal Daughter of Key Management Personnel
Mr. Vijay Kumar D. Agarwal Key Management personnel is Karta
(HUF)
Mr. Vishal V Agarwal Son of Key Management Personnel
Minor Aarya V. Agarwal Grandson of Key Management Personnel
Minor Khwaish V. Agarwal Granddaughter of Key Management
Personnel
Tanish Industries Pvt Ltd Relatives of Key Management
Personnel are Directors
V.K.A. Finance & Investment Co. Key Management personnel is Partner
Multi Shaper Pvt. Ltd. Relatives of Key Managerial
Personnel are Directors
Salasar Laminates Ltd. Key Management Personnel is Director
Heritage Board Ltd. Directors are Director in the Company
Heritage Industries Pvt. Ltd Directors are Director in the Company
Par Export Key Management Personnel is partner
V K Foundation Directors are trustee
Krishna Decor Pvt. Ltd. Directors and their relatives are
holding more than 20% shares in the
company
Hidesign Innovation Director's HUF is Proprietor.
3. The difference between excise duty on opening and closing stock of
finished goods is recognized separately in the Statement of Profit &
Loss.
4. Borrowing costs attributable to the acquisition or construction of
Qualifying Assets amounting to Rs. Nil (P. Y. Rs. Nil)
5. During the year, the company has impaired the assets to the tune
of Rs. Nil (P.Y. Rs. Nil).
6. The Company has not received information from vendors regarding
their status under the Micro, Small & Medium Enterprise Development
Act, 2006 and hence disclosure relating to amount unpaid as at year end
together with interest paid/payable under this act has been not given.
7. Balances are subject to confirmation.
8. Previous year's figures have been regrouped and rearranged
wherever necessary, to make them comparable with those of current year.
Notes: Previous year's figures have been shown in brackets.
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