| ** Actual capacity utilization includes Job Work
* Garment Unit Situated at Roorkee has not been operational during the
financial year
# Quilt & Comforters Unit at Noida was non-operational from Sept,2014
1. Related Party Transactions:
The related party disclosure in accordance with Accounting Standard-18
"Related Party Disclosures" issued by the Institute of Chartered
Accountants of India is given below:-
* Dr. M.P. Agarwal (Rs. 48,00,000), Mr. Pawan Kumar Agarwal
(30,00,000), Mrs. Sharda Agarwal (15,00,000), Mr. Devesh Gupta
(24,00,000), Mr. Alok Agarwal (Rs 15,00,000), Mr. Vikas Agarwal (Rs.
15,00,000) Mr. Jayant Gupta (24,00,000)
** Galaxy Capital Finance Limited (Rs. 6,00,000) , Divya Trade Impex
(P) Ltd. (Rs.3,00,000) , Sarveshwari International Limited (Rs.
6,00,000)
*** Mr. PawanKumar Agarwal (Rs. 3,00,000), Mr. Alok Agarwal (Rs.
3,60,000), Mr. Vikas Agarwal (Rs. 3,60,000)
2. Contingent Liabilities:
Contingent liabilities as shown in the notes to the accounts, may
affect the future profitability to the extent they materialize for
payment
(i) Guarantees given by the Company Rs 2.72 Crore
(ii) Claim against the Company not acknowledged as Debt Rs. NIL
(iii) Letter of Credit outstanding Rs. NIL
(iv) Export Bill Discounted Rs. 3.58 Crore |