NOTE 1 SECURITY DETAILS
a) Note: Secured Long-term Borrowings is secured against all existing and future current assets and movable fixed assets, vehicles and further secured against Land & Building, Office premises, residential flat of directors and personal gurantees of directors.
NOTE 2 MAT CREDIT
On prudence basis, MAT Credit has not been recognised by the company. Credit available is Rs. 41.97 Lakhs/
NOTE 3 RELATED PARTY DISCLOSURES
i) Name of Related Parties
a) Key Managerial Personnel :
Manish M. Dedhia - Whole Time Director Jagdish L. Dedhia - Whole Time Director Sanjay M. Dedhia - Whole Time Director
b) Relative of KMP :
Jalpa M. Dedhia - Relative of Key Managerial Personnel Ameeta J. Dedhia - Relative of Key Managerial Personnel Jigna S. Dedhia - Relative of Key Managerial Personnel Lilavanti M. Dedhia - Relative of Key Managerial Personnel Khushboo Dedhia- Relative of Key Managerial Personnel
c) Entities over which Key Managerial Persons have significant influence / control :
M/s Mitsu Impex
M/s Mitsu Polycontainers Pvt. Ltd.
NOTE 4 CHANGE IN NAME OF COMPANY
The Company has changed its name from Mitsu Chem Private Limited to Mitsu Chem Plast Private Limited vide Revised certificate of Incorporation dated 25/05/2016 and Mitsu Chem Plast Private Limited to Mitsu Chem Plast Limited vide Revised certificate of Incorporation dated 08/06/2016.
NOTE 5 PREVIOUS YEAR FIGURES
Previous year figures have been regrouped to comply with current year groupings.
NOTE 6 CORPORATE INFORMATION MITSU CHEM PLAST LIMITED (Formerly known as MITSU Chem Private Limited) is a Company domiciled in India and incorporated on 23rd September 1988 under the provisions of The Companies Act, 1956. The Company is a leading manufacturer of a wide range of products in the blow moulding, injection moulding and also customised moulding (combination of processes) catering to specific customer needs. The Company carters to both domestic and international markets.
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