Of the above:
Mortagage Loan of 4.54 Cr Secured by way of DSL Abacus 8th Floow, situated at Uppal Kalsa Village, Uppal Mandal, Medchal - Malkajgiri District having a super buildup area of 10769 Sft, including common areas. Together with proportionate undivided share of land admeasuring 256.19 Sq. Yards. The rate of interest for the Facility shall be sum of the Repo Rate * Spread per annum, plus applicable statutory levy, if any (interest rate). For the first disbursement under the Facility, the applicable Repo Rate shall be the rate prevailing one Business Day preceding the date of the disbursement and for subsequent drals, the Repo Rate prevailing for the Facility shall be applicable as on date the Repo Rate is 4.00% and Spread is 5.20% and applicable interest Rate is 9.20%.
Of the above*
Over Draft limit of Rs. 700 lacs Secured by way of Hypothecation of Equipment and floating charge on movable assets, book debts and personal guarantee given by the Managing Director, and Executive Director and Director of the Company & 'Collateral Security of Residential Plots admeasuring 2000 Sq Yds situated at Thimmayapalli, Keesara Mandal R.R.Dist, and Open Plots admeasuring 5230 Sq.Yds situated at Ghanpur Village, Toopran Mandal, Medak District and open plot No.11 admeasuring 773 Sq Yds and Open Plots admeasuring 7465 Sq Yds at Ghanpur Village, Toopran Mandal, Medak Dist. and open Plots admeasuring 2311 Sq Yds situated at Yawapoor Village, Toopran Mandal, Medak District.
|
25. Capital Commitments and Contingent Liabilities not provided for in respect of: (i) Estimated amount of unexecuted capital contracts :
(Rs. in Lakhs)
|
|
S.No
|
Particulars
|
2022-23
|
2021-22
|
|
1
|
Unexecuted Capital Contracts
|
Nil
|
Nil
|
|
ii) Contingent liabilities:
|
|
(Rs. in Lakhs)
|
|
S.No
|
Particulars
|
2022-23
|
2021-22
|
|
1
|
Outstanding Corporate Guarantees
|
Nil
|
Nil
|
29. Property, Plant and Equipment
Property, Plant and Equipment represent a significant proportion of the asset base of the company. The changes in respect of periodic depreciafion is derived after determining an esfimate of an asset's expected useful life and the expected residual value at the end of its life. The useful lives and residual values of Company's assets are determined by the management at the fime the asset is acquired and reviewed periodically, including at each financial year end. The lives are based on historical experience with similar assets as well as anficipafion of future events, which may impact their life, such as changes in Technology.
(a) A reconciliation of the gross and net carrying amounts of each class of assets at the beginning and end of the reporting period showing additions, disposals, acquisitions through business combinations, amount of change due to revaluation (if change is 10% or more in the aggregate of the net carrying value of each class of Property, Plant and Equipment) and other adjustments and the related depreciation and impairment losses/reversals shall be disclosed separately.
(b) A reconciliation of the gross and net carrying amounts of each class of assets at the beginning and end of the reporting period showing additions, disposals, acquisitions through business combinations, amount of change due to revaluation (if change is 10% or more in the aggregate of the net carrying value of each class of intangible assets) and other adjustments and the related depreciation and impairment losses or reversals shall be disclosed separately.
30. Deferred Tax
Tax charged to Profit and Loss account is after considering deferred tax impact for the timing difference between accounting income and taxable income.
36. Details of Benami Property held:
There were neither any proceedings initiated nor any pending litigations against the Company during the period.
37. Wilful Defaulter:
The company has not been declared as wilful defaulter by any Bank or any financial institution during the period.
38. Relationship with Struck off Companies
There were no such transactions with companies struck off under section 248 of the Companies Act, 2013.
39. Registration of Charges or Satisfaction With Registrar Of Companies (ROC):
There were no pending registration of charges or satisfaction with registrar of companies.
40. Compliance with number of layers of companies:
The Company have Subsidiary Companies in India and abroad as prescribed under clause(87) of section 2 of the companies Act,2013.
41. Corporate Social Responsibility Expenditure
As per Section 135 of the Companies Act, 2013, a company, meeting the applicability threshold, needs to spent at least 2% of its average net profit for the immediately preceding three financial years on Corporate Social Responsibility (CSR) activities. The areas for CSR activities are education of hunger and malnutrition, promoting education, art and culture, healthcare, destitute care and rehabilitation, environment suitability, disaster relief, Covid-19 relief and rural development projects.
The Provisions of Sec-135 Of the companies Act-2013, is not applicable to the company.
46. There were no overdue amounts payable, to Small Scale Industrial Undertakings (MSME) as on 31st March, 2023.
47. The Company ('Funding Party') has paid 0.80 Lakhs during Fy-2022-23 towards subscription of share capital of Cadsys Technology LLP.
48. Previous year figures have been regrouped, recast and rearranged wherever necessary to correspond with the Current Year's Figures. Previous Year's Figures for Cash Flow Statement are drawn as Cash Flow Statement for the year ended 31st March, 2023 under Companies Act, 2013.
49. Paise have been rounded off to the nearest Lakh.
|