b) Terms / rights attached to equity shares

i) The company has only one class of equity shares having a par value of ' 10 per share. Each holder of equity share is entitled to only one vote per share.

ii) In the event of liquidation of the Company, the holders of equity shares will be entitled to receive remaining assets of the company after distribution of all preferential amounts. The distribution will be in proportion to the number of equity shares held by the shareholders.

c) The company has no holding/ultimate holding company and or their subsidiaries.

d) The company has not issued any number of shares for consideration other than cash and has not bought back any number of shares during the period of five years immediately preceding the reporting date.

f) Shares reserved for issue under options and contracts/commitments for sale of shares/disinvestment, including the terms and amounts: Nil.

Balances of Trade Receivables, Trade Payables, Loans, advances and other current assets in the ordinary course ofbusiness are subject to confirmation.

Trade receivable shown in Schedule No 17 of the Financial Statement includes debtors on accounts of realisation against flat booking which has not been recognised as sale.

In the opinion of Management and to the best of their knowledge and belief the value of realization of Loans, Advances and Current Assets in ordinary course of Business will not be less than the amount for which they are stated in the Balance Sheet.

Contingent Liability of ‘ 3383/- (P.Y. 18-19) for Income tax is pending before CIT(Appeals). Further as per Income Tax records(Traces), TDS Default of ‘ 196,725.27/- is payable and is contingent in nature.

The previous financial year’s figures have been reworked, regrouped and reclassified to the extent possible, wherever necessary to confirm to current year presentation.