1. Related Parties Disclosure:
Related party disclosure is in accordance with the Accounting Standards (AS) 18 on "Related Party Disclosure" notified by Companies (Accounting Standards) Rules, 2006.
2. Name of related parties and description of relationship:
3. Key Management Personnel:
4. Ketan Nalinkant Shah
5. Sandip Rajnikant Shah
6. Directors
7. Mahesh Baldevbhai Modi
8. Entity Controlled By Key Management Personnel or Director
9. Ideal System Private Limited
10. Abridge Solution Pvt. Ltd.
11. Segment Reporting:
Segment Information as required by Accounting Standards (AS) 17 on "Segment Reporting" notified by Companies (Accounting Standards) Rules 2006 is not applicable as company is in the business of one segment only.
12. There was no employee who if employed throughout the year was in receipt of remuneration in excess of Rs. 24,00,000/- p.a. or if employed for a part of the year was in receipt of remuneration in excess of Rs.2,00,000/- p.m.
13. Company is not contingent liable for any other.
14. The Company does not possess information as to which of its suppliers are ancillary industrial undertakings/small scale industrial undertakings holding permanent registration certificate issued by directorate of Industries of a State of Union Territory. Consequently the liability if any of interest which would be payable under "the interest on Delayed payments to small Scale and Ancillary Industrial Undertaking Act. 1993" cannot be ascertained. However the company has not received any claims in respect of interest.
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