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

BSE: 526891ISIN: INE944C01017INDUSTRY: Finance & Investments

BSE   ` 10.49   Open: 10.49   Today's Range 10.49
10.49
+0.49 (+ 4.67 %) Prev Close: 10.00 52 Week Range 8.00
11.44
Year End :2014-03 
The previous period figures have been regrouped /reclassified, wherever necessary to conform to the current period presention following amended schedule VI of the Companies Act 1956.

1. No any employee was in receipt of remuneration which in the aggregate more than or equal to Rs.24.00 Lacs per annum or Rs.2.00 Lacs per month.

2. In the opinion of the Board, loans and advances and current assets are of the value stated, if realized, in the ordinary course of business.

3. The information under clauses 3, and 4 part-M of schedule VI of the Companies Act, 1956 are given to the extent applicable.

4. The company is engaged primarily in the broking business and accordingly there are no separate reportable segments, as per Accounting Standard -17 Segment Reporting."

5. Related Party Disclosure (as required by AS-18)

a List of Related Parties

(a) Associates and relatives (b) Key Management Personnel

J. Harklsondas & Co             Dr. Jayantilal H.Shah
                                         - Whole time Director

Mani Market Creators Ltd        Mr. Rashmikant Acharya
                                         - Whole time Director

H.D.Shah (HUF)                  Mr. Kalpesh J.Shah
                                         - Whole time Director

J. H.Shah (HUF)                 Mrs.Neela J. Shah    Mr. Bhadra S. Shah

K. J. Shah (HUF)                Mrs. Bins Acharya    Mr. Kamlesh Bhagat

Y. H.Shah                       Mrs.Vaishali         Mrs .Mita N. Shah
                                K. Shah

Y. H. Shah (HUF)                Ms. Priyanka         Mr. Shailesh
                                Acharya              H. Shah

Y. Y. Shah                      Mr. Sanjay Christy