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You can view the entire text of Notes to accounts of the company for the latest year

BSE: 524434ISIN: INE810M01019INDUSTRY: Petrochem - Others

BSE   ` 15.13   Open: 14.75   Today's Range 14.41
15.49
+0.33 (+ 2.18 %) Prev Close: 14.80 52 Week Range 12.00
49.20
Year End :2014-03 
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.