1. Figures have been rounded off to the nearest rupee, wherever
required.
2. Accounting standards as prescribed have been followed & reported
wherever applicable.
3. In the Opinion of the Board the current assets, loans and advances
will fetch the amounts stated, if realized in the ordinary course of
business.
4. a) According to management, Company has not given any guarantee on
behalf of the Directors or other officers.
5. The Company has not received information from vendors/suppliers
regarding their status under the " Micro , Small & Medium Enterprises
Act, 2006" and hence disclosure relating to amount unpaid for the
period end together with interest paid or payable under this Act has
not been given.
6. According to management, No litigations are filed against or
pending against the Company. Company does not have any present
obligation arising out of any past event. Hence no provision arises or
is made for contingent liabilities.
7. Previous Year's figures have been regrouped / reclassified wherever
considered necessary to make them compa- rable with the current year
figures.
8. Earning Per Share (on Face Value of Rs.10/- each)
In determining the Earnings Per share, the company considers the net
profit after tax which includes any post tax effect of any
extraordinary / exceptional item. The number of shares used in
computing basic earnings per share is the weighted average number of
shares outstanding during the period.
The number of shares used in computing Diluted earnings per share
comprises the weighted average number of shares considered for
computing Basic Earnings per share and also the weighted number of
equity shares that would have been issued on conversion of all
potentially dilutive shares.
In the event of issue of bonus shares, or share split the number of
equity shares outstanding is increased without an increase in the
resources. The number of Equity shares outstanding before the event is
adjusted for the proportion- ate change in the number of equity shares
outstanding as if the event had occurred at the beginning of the
earliest period reported.
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