Contingent liabilities are not provided for and are separately dealt
with.
i) INVENTORIES / STOCKS
Stock in trade has been valued at cost or market value whichever is
lower.
1.2 The company does not have any outstanding amount payable to Micro,
Small and Medium Enterprises as specified in Micro, Small and Medium
Enterprises Development Act, 2006.
1.3 Provisions of the Payment of the Gratuity Act and the Employees
Provident Funds Act, 1952 are not applicable to the Company.
1.4 Previous year figures have been regrouped / rearranged, wherever
necessary to control with current year's presentation.
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