1. Leave Encashment Liability payable on retirement or otherwise has
not been provided as the same would be charged in the year of
retirement or when paid.
2. Related Party Disclosures required as per AS-18, The Company having
no transactions with the related parties during the year.
3. In the opinion of the Board, current assets, loans and advances
have a value on realization in the ordinary course of the business at
least equal to the amount at which they are stated.
Previous year figures have been regrouped / rearranged / reclassified
wherever necessary and figures have been rounded off to the nearest
rupee.
4. Additional information required pursuant to part II of the schedule
VI the Companies Act, 1956 for trading in shares.
5. Segment Reporting:
The company primarily deals in the business of manufacturing speciality
chemicals hence there is no Primary reportable segment in the context
of Accounting Standard 17 issued by The Institute of Chartered
Accountants of India. As the Company's Export Turnover is Nil, there is
no reportable geographical segment.
6. Details of dues to Micro & Small Enterprises:
Under the Micro, Small and Medium Enterprises Development Act, 2006
certain disclosures are required to be made related to micro, small and
medium enterprise. The company is in the process of complying relevant
information on the supplier about their coverage under the act. Since
relevant information is not readily available, no disclosure is made on
this account.
7. Contingent Liabilities
Contingent Liabilities are not provided for and are disclosed by way of
Notes.
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